Latest news with #Josh Lipton
Yahoo
5 days ago
- Business
- Yahoo
Retail investor activity is showing a 'measured bullishness'
Charles Schwab head trading and derivatives strategist Joe Mazzola joins Asking for a Trend with Josh Lipton to discuss current investor sentiment and why activity shows both a sense of bullishness and caution right now. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend.
Yahoo
01-08-2025
- Automotive
- Yahoo
Tesla must pay $240M+ for deadly 2019 car crash: What to know
A jury found Tesla (TSLA) and its Autopilot driver assistant to be partly liable for a fatal car crash in Florida in 2019. The company has been ordered to pay out over $240 million in damages. Market Domination Overtime host Josh Lipton breaks down the details. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime. That's a big blow for Tesla. The company is ordered to pay millions of dollars over a fatal autopilot crash from 2019. A federal court jury finds Tesla's autopilot driver assistance feature was partially liable in the 2019 crash that killed one person and left another injured. In a complicated verdict, the jury found Tesla 33% to blame for that 2019 Florida crash. The jury determined that the Tesla driver was 67% responsible for the crash and awarded 42.5 million to compensate the victims for their losses, as well as 200 million in punitive damage against Tesla. Lawyers for the plaintiffs say that the verdict holds quote, Tesla and Musk accountable for propping up the company's trillion dollar valuation with self-driving hype at the expense of human lives. In 2019, the driver of a Tesla relied on the car's autopilot driver assistance system, when both the driver and the car failed to stop at a red light, driving through an intersection, striking an SUV, and killing a passerby. In a statement issued by Tesla, the electric vehicle manufacturer saying the verdict was wrong, and it plans to appeal the verdict quote, given the substantial errors of law and irregularities at trial. Tesla says the verdict is an attempt to set back the automotive space and autonomous driving. Related Videos IPO market heats up: These 4 names prepare to go public next Trump's economy is looking shaky: What to expect going forward Fed in a 'horrible situation' with dual mandate 'at a crossroads' Microsoft's Q4 report is 'even better than it seems,' analyst says Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12-07-2025
- Business
- Yahoo
Kraft Heinz eyes breakup, WSJ reports
Kraft Heinz (KHC) is looking to spin off a significant part of its grocery business, according to a report from the Wall Street Journal. Market Domination Anchor Josh Lipton and Freedom Capital Markets chief global strategist Jay Woods discuss the news. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. Our one key headline to get to Kraft Heinz is reportedly preparing to break itself up. This is according to the Wall Street Journal. Kraft Heinz may split its grocery business, including Kraft products, into a new entity valued up to $20 billion. The remaining company would focus on faster growing sauces and condiments like Heinz ketchup. A split could be finalized in the coming weeks, according to the report. Jay, what do you make of it? Yeah, um, we're going to be anticipating this one all weekend. We had the Kellogg's deal, when Kellogg split up into a serial business to, uh, just, uh, what was it, serial and then the candy bar business and the WLK brand got bought out this week. So it was shareholder value and right now, Kraft Heinz is 43% off its all-time high. They need to shake things up. The staples have been under pressure. So, uh, even if this doesn't come to fruition, this is something that they need to start thinking about, not just at Kraft Heinz, but at some of these other bigger brands. Anything to enhance shareholder value will be critical going forward. Yeah, the journal does remind us too, Jay, that Kraft Heinz said in May it was continuing to evaluate strategic transactions to unlock value and that it had said Buffet's Berkshire Hathaway would no longer hold board seats at the company and someone said, okay, maybe that was paving the way for some significant changes. So we shall watch and we shall see. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
