CEO Financial News

SpaceX has moved its state of incorporation to Texas from Delaware, CEO Elon Musk said Wednesday in a post on X. «SpaceX has moved its state of incorporation from Delaware to Texas! If your company is still incorporated in Delaware, I recommend moving to another state as soon as possible,» Musk said on the platform, formerly known as Twitter.

A new survey from Totumai, a technology firm dedicated to enhancing advisor-client communications, offers a fresh perspective on the shifting financial advisory landscape, particularly with respect to using generative AI.

OIS), the principal financial market gauge for gauging which way interest rates are headed, show that traders have reduced the extent of rate cuts they expect from the Reserve Bank of India (RBI) this year, following a vigilant tone on inflation and liquidity by the central bank. A slower-than-expected inflation decline in the US and sobering Federal Reserve commentary on when its much-awaited policy easing may start has also prompted Indian traders to reduce their bets on how much rates the RBI will cut this year.

Veera, a rewards-powered internet browser, on Wednesday said it has raised $6 million in a seed-funding round led by Ayon Capital. Ayon Capital is a Florida-based single-family office that has invested in Vested Finance – an online platform that enables Indian investors to invest in the US stock market – in the past.

Twilio (NYSE:TWLO) saw its shares fall more than 8% following the closing bell on Wednesday after the company reported results for the fiscal fourth quarter.

By Mehnaz Yasmin

Tata Group has initiated discussions with Uber Technologies to forge a strategic partnership with an aim to bump up traffic volumes and engagement on Tata's digital platform, said people with knowledge of the matter. The collaboration could entail integrating Uber's services as an 'anchor app' within that ecosystem. Tata Neu, positioned as a 'super app', has encountered challenges, including stagnation in user growth and low customer engagement, said people aware of the matter. Uber Technologies CEO Dara Khosrowshahi met Tata Sons chairman N Chandrasekaran in Davos earlier this year and they're expected to talk again in Mumbai during the former's upcoming India trip to discuss the broad contours of a potential alliance, executives aware of the matter said. The exact terms of engagement are still being worked out and there's no guarantee it will lead to anything concrete. Tata Digital, which runs Tata Neu, denied that any talks are ongoing. Uber did not respond to ET's queries.

«I've always embraced an active presence on social media, recognising its potential to connect with a broader audience beyond the confines of traditional communication,» said Sindhu Gangadharan, managing director of SAP Labs India. To her, visibility on social media and YouTube is more than just a personal pursuit.

Love is in the air

Poland’s National Security Bureau says the country's president has met the CEO of U.S. manufacturer Lockheed Martin about strengthening security in the region and continued U.S. investment in Poland’s military weapons and equipment

Wealth technology provider iCapital has just made alternatives diversification a little easier for advisors who use its platform.

Morgan Stanley reiterated an Overweight rating on Tesla stock (NASDAQ:TSLA) with a price target of $345, but analysts admitted there is not much reason to be bullish on the electric vehicle (EV) giant right now.

MILAN (Reuters) — Lancia on Wednesday revealed its new Ypsilon compact car, the first of three new models promised by the premium brand as part of a multi-year relaunch plan under which it will again sell vehicles outside its Italian home market.

Terraform Labs, the company behind the stablecoins TerraUSD and Luna, which collapsed the cryptocurrency industry in 2022, has filed for bankruptcy in the United States.

Uber Technologies shot to a record high on Wednesday after announcing its first-ever buyback of $7 billion worth of company shares after a strong recovery in ride-share revenue and healthy demand in its food delivery business. The company posted its first annual net profit last week since it went public in 2019. Uber executives said they expect to make buybacks consistent over time.

electric vehicles are a hot topic of conversation in Canada.Will Canada be able to meet the 2035 mandate imposed by the Liberal government of Prime Minister Justin Trudeau for all new car sales to be electric? Will all those Teslas, Chevy Bolts, and Hyundai Ioniqs overwhelm and break the grid, as many fear? And what then of the batteries? Is disposing of them after their useful life is over going to create a landfill nightmare scenario?We look at some of the top questions Canadians have about EVs, and provide some responses.This is a big watercooler conversation in Canada. The concern is that all those EVs coming online in the next decade or so will be too much for provincial power grids to bear.

Jay Buys’s wife changed his life with 10 words: “You know, you don’t have to just wear band T-shirts." Shirts from Nine Inch Nails and Thrice—for years, this was the bulk of Buys’s wardrobe. Were they awesome? Yes. Did they make him look like the CEO of a successful web design firm? Not quite.

In response to BCE’s investment cutbacks and layoffs designed to help the corporation remain profitable and continue to pay dividends to shareholders and pensioners in a competitive market environment, two of Canada’s political leaders hacked their way through demagogic rants against corporations, BCE in particular, and the foundations of the nation’s economic system.

Twenty Four Wealth, a practice with around $814 million in brokerage and advisory assets under advisement, has expanded its reach and assets under administration through the acquisition of a firm in New Hampshire.

San Francisco-based RIA Perigon is celebrating Valentine’s Day by unveiling a hefty addition to its independent advisor network.

By Nivedita Balu and Niket Nishant