Leslie J. Kilgore, a director at Netflix Inc. (NASDAQ:), recently sold shares of the company’s common stock valued at approximately $273,870. The transaction, which took place on October 18, involved the sale of 358 shares at a price of $765 each. The sale was part of a pre-arranged trading plan under Rule 10b5-1, which Kilgore adopted on January 29, 2024. On the same day, Kilgore also exercised options to acquire 358 shares at a price of $174.74 per share, totaling $62,556. Following these transactions, Kilgore holds 35,262 shares of Netflix common stock. In other recent news, Netflix has been the…
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Macroeconomic uncertainties, mounting geopolitical tensions and a desire to hedge against inflation have given gold — the classic “safe haven” asset — a blistering rally. Spot gold prices have soared above $2,700 an ounce, rallying for the fifth day on Monday to hit another record high of over $2,733 an ounce. Year-to-date, spot gold is up over 30%. And Michael Widmer, head of metals research at Bank of America, says it has further to go. ‘If gold doesn’t rally now, then I’m not sure when it ever will. Actually, I think the fundamental backdrop looks actually quite good,” he told…
Jeff Horing, a director and significant shareholder of nCino, Inc. (NASDAQ:NCNO), has sold a substantial portion of his holdings in the company. According to a recent SEC filing, Horing disposed of 1,833,975 shares of common stock on October 18, with prices ranging from $36.50 to $36.65 per share. This transaction amounted to a total value of approximately $67.17 million. Following this sale, Horing continues to hold a significant position in nCino, with 12,513,467 shares remaining under indirect ownership. The transactions were conducted under a pre-arranged Rule 10b5-1 trading plan, which was adopted on April 10, 2024. In other recent news,…
Karole Morgan-Prager, Chief Legal and Administrative Officer at BlackLine, Inc. (NASDAQ:), has recently sold a significant portion of her holdings in the company. According to a recent SEC filing, Morgan-Prager sold 27,079 shares of common stock on October 18, 2024, at an average price of $60.06 per share, resulting in a total transaction value of approximately $1.63 million. In addition to the sale, Morgan-Prager exercised stock options to acquire a total of 27,079 shares at a price of $14.00 per share. These transactions were conducted under a Rule 10b5-1 trading plan that Morgan-Prager adopted earlier in the year, ensuring that…
Investing.com — AI-darling NVIDIA’s (NASDAQ:) stock closed at another new all-time high on Monday as it continued its meteoric rise. The stock closed up 4.14% to $143.71 and is now up 190.2% year-to-date. Gains come after Taiwan Semiconductor Manufacturing (NYSE:), which counts NVIDIA as one of its largest customers, said late last week that AI demand is “real” and “sustainable”. TSMC said they now see the revenue contribution from server AI processors to more than triple this year, and account for mid-teens percentage of their total revenue in 2024. In addition, large client Microsoft Corporation (NASDAQ:) is said to have increased its…
It’s been months since Walmart (WMT) said it would require corporate employees to relocate to its headquarters in Arkansas or risk losing their jobs — but that decision is now pushing some executives to resign.That’s been the case for Cheryl Ainoa, the chief technology officer at Walmart-owned Sam’s Club, who said she is leaving her position after almost five years because she doesn’t want to relocate to the retail giant’s home base in Bentonville, the retail giant confirmed to Quartz in an email.In May, Walmart announced plans to eliminate thousands of corporate roles in Texas and California, requiring remote workers…
By Andrea Shalal and Steve Holland ROYAL OAK, Michigan/SWANNANOA, North Carolina (Reuters) -Democratic presidential candidate Kamala Harris and her Republican rival, Donald Trump, delivered radically different messages on the U.S. campaign trail on Monday as they sought to win over undecided voters in the two weeks before Election Day. Vice President Harris, campaigning alongside former Republican lawmaker Liz Cheney, argued that Trump, the former president, was a threat to democracy. As the election draws closer, Harris has been sharpening her attacks on Trump’s fitness for office, often calling him “unstable” or “unhinged” and questioning his temperament. “In many, many ways…
A still from Warner Bros. Discovery Blade Runner 2049 trailer and from Tesla’s Live robotaxi event.Source: Warner Bros. Pictures | TeslaElon Musk, his car company Tesla and Warner Brothers Discovery were sued Monday over their alleged artificial intelligence-fueled copyright infringement of images from the film “Blade Runner 2049” to promote Tesla’s robotaxi concept.The lawsuit by the dystopian sequel’s producer, Alcon Entertainment, says that the mega-billionaire Musk and the other defendants requested permission to use “an iconic still image” from “Blade Runner 2049” for the Oct. 10 event hyping the Cybercab at Warner Brothers Discovery’s studio lot in Burbank, California. That…
For many, the main point of investing is to generate higher returns than the overall market. But in any portfolio, there will be mixed results between individual stocks. At this point some shareholders may be questioning their investment in Stamford Land Corporation Ltd (SGX:H07), since the last five years saw the share price fall 24%.So let’s have a look and see if the longer term performance of the company has been in line with the underlying business’ progress. See our latest analysis for Stamford Land While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying…