Ron Baron, big Tesla shareholder, supports Elon Musk’s $56 billion pay package

The pay package, proposed by Tesla’s board of directors, has repeatedly come under fire, including criticism that the board is too closely tied to Musk to be entirely independent. The package has no salary or cash bonus and sets rewards based on Tesla’s market value rising to as much as $650 billion over 10 years […]

Taiwan raises 2024 GDP forecast on strong AI-related exports, home consumption

Taiwan’s trade-reliant economy is expected to grow at a faster pace in 2024 than previously forecast, owing to high demand for artificial intelligence (AI) applications abroad and solid consumption at home, the statistics office said on Thursday. Taiwan is a key link in the global technology supply chain for companies such as Apple Inc (AAPL.O), opens […]

This IT Stock Poised for Growth: Q4 Momentum and AI Leadership Fuel Optimism

In a recent series of investor meetings in the US, Infosys’ CFO and Financial Controller shared optimistic updates on the company’s progress and future outlook. According to BofA, Infosys (NS:INFY) is tracking well for the first quarter of FY24, thanks to the ramp-up of several major deals initiated in March. Despite recent underwhelming performances from other software […]