business news

Tesla shareholders have approved Elon Musk’s massive new pay package (TSLA)

Tesla‘s shareholders have approved CEO Elon Musk’s 10-year compensation package. If Musk meets his targets, Tesla’s market cap would rise to $650 billion. The company is worth around $55 billion now and is struggling to meet production goals for the Model 3 mass-market vehicle. Tesla shareholders have approved CEO Elon …

business news

Oracle’s earnings were through the roof — so analysts can’t agree on why the stock is down 10% (ORCL)

Oracle’s shares dipped almost 10% on Tuesday following mixed quarterly earnings at the $216 billion company. Analysts disagreed about what exactly caused the sell-off, in a quarter where Oracle was more or less flat on revenue, and far above expectations on earnings per share. A review of seven analyst notes …

business news

DocuSign has reportedly filed confidentially for an IPO

DocuSign has confidentially filed to go public, according to Tech Crunch. The company plans to hit the public markets in the next six months. It’s been a long-time-coming for the 15-year-old digital signature company, though its timing aligns with a deluge of other public offerings in the enterprise tech space. …

business news

Facebook’s content issues are creating a ‘tailwind’ for Amazon’s ad business (AMZN)

Amazon’s advertising business may be benefiting from social media content issues elsewhere, says Jefferies analyst Brent Thill. Amazon’s ads won’t be affected by questionable content found on social media. Amazon’s e-commerce and digital ad synergy is a killer combination, Thill said. Thill expects Amazon’s already growing digital ad market share …

business news

American homes are more affordable than they’ve been in 40 years — but that could change sooner than you think

Buying a home in America is the most affordable it’s been since 1980, according to new data from Trulia. Mortgage rates have dropped, which increases long-term affordability for homeowners. Only three of the 100 largest metros — Denver, Miami, and Portland, Oregon — have become less affordable since 1990. Rising …