
Opendoor Postpones Shareholder Vote After Meme-Stock Rally Helps Delay Delisting Risk
Opendoor had previously scheduled a special meeting for Monday after Nasdaq Inc. notified the company in May that it could be delisted for failing to maintain a stock price of $1 or more.
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Elon Musk Warns of Losing Tesla Control, Denies Personal Loans Tied To Shares
Elon Musk, the CEO of Tesla Inc. (NASDAQ:TSLA), has expressed concerns over potentially losing control of the electric vehicle giant due to the influence of activist shareholders. What Happened: Musk, who currently owns a 12.8% stake in Tesla, is apprehensive about being dethroned by shareholders who may not align with his vision for the company's future. He suggests that a 25% ownership stake would offer him adequate influence, while still leaving room for his possible removal. Musk's fears are rooted in past instances where shareholders voted in favor of a compensation package tied to the company's growth targets, only to be overruled by Delaware Chancery Court Judge Kathaleen McCormick. Earlier in January in a post on X, he shared that about 25 percent ownership stake would be enough "to be influential, but not so much that I can't be overturned.'Musk has the opportunity to acquire an additional 304 million shares, which would boost his voting control by roughly 4% post-tax. Also Read: Elon Musk Returns To Intense Work Schedule: 'Back To Working 7 Days a Week and Sleeping in the Office' In a recent statement on Friday on X, Musk affirmed that he has no personal loans against Tesla stock and reiterated his anxieties about being ousted by 'activist shareholders'. He expressed optimism that these concerns would be addressed at the forthcoming shareholders' are rumors that Musk may resign if his ownership stake is curtailed, akin to the limitations imposed on his pay package. Nonetheless, a majority of shareholders who endorsed Musk's pay package continue to support his leadership of Tesla's operations. Why It Matters: Musk's concerns highlight the potential power dynamics at play within Tesla's shareholder base. His potential loss of control could significantly impact the company's strategic direction, given his instrumental role in shaping Tesla's innovative trajectory. The upcoming shareholders' meeting will be a critical event, potentially determining the future of Musk's leadership at Tesla. Read Next Elon Musk Commits To Intense Focus on X/xAI and Tesla: 'Back To Spending 24/7 at Work, Sleeping in Conference/Server/Factory Rooms' Image: Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? TESLA (TSLA): Free Stock Analysis Report This article Elon Musk Warns of Losing Tesla Control, Denies Personal Loans Tied To Shares originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. 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
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Food earmarked for millions of people still languishes in warehouses after Trump shuttered USAID
Food aid groups that partner with the U.S. Agency for International Development to assist in providing critical nutrition for millions around the world have had to watch cases of food go to waste as the Trump administration dismantled USAID. In Georgia, Mana Nutrition, a company that creates ready-to-use therapeutic food, is waiting for someone to pick up 400,000 cases of its nutritional supplement to be shipped worldwide. The food could help an estimated 60 million people, but chaos with USAID has disrupted coordination, the company told the Washington Post. The company is planning to destroy approximately 585 cases of its peanut paste this month because it became too dated to ship while waiting for a new government contract that never happened. The owner of Mana Nutrition told The Post that some of it could have been added to previous shipments, but wasn't. But other companies or organizations that have or had contracts with the government to supply aid have faced similar issues in recent months. In July, approximately 500 metric tons of food aid, specifically high-energy biscuits meant for children in Afghanistan and Pakistan, expired while being stored in warehouses in Dubai. While the administration assured people that the small percentage of food aid wasted would not impact future shipments, some have raised concerns about the pattern that has been highlighted due to the dismantling of USAID. Last month, the company Edesia Nutrition waited for someone to pick up more than 100,000 boxes of nutritional aid that had sat in a warehouse in Rhode Island. After sounding the alarm, the shipments were finally picked up only after a Rhode Island retailer teamed up with the company. In May, several people familiar with USAID told Reuters that more than 60,000 metric tons of food, sourced from American farmers and manufacturers, was set to expired in warehouses by July. That concerned enough people that the Office of Inspector General said it would open an investigation into food aid in warehouses. It's unclear if that aid was eventually shipped. The Trump administration has sought to axe USAID by revoking federal funding and firing most of its staff. President Donald Trump and his allies have characterized USAID as an unnecessary agency filled with 'waste, fraud, and abuse.' USAID, which was established in the 1960s, was one of the world's leading distributors of food and aid. Partnering with other companies, USAID provided humanitarian assistance, medical necessities, education, and more to people living in poverty, war-torn countries, and disaster-impacted communities. A spokesperson for the State Department told the Post that it is 'constantly assessing global humanitarian needs and expects to allocate additional resources to address those needs in line with U.S. interests.' More than 730 million people face malnutrition or hunger worldwide, according to the World Health Organization. The U.S. is the single largest donor of international food assistance. Food aid has been especially highlighted recently as people in Gaza are on the brink of starvation and face dire circumstances.
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Markel Group Inc. (MKL): A Bull Case Theory
We came across a bullish thesis on Markel Group Inc. on FluentinQuality's Substack. In this article, we will summarize the bulls' thesis on MKL. Markel Group Inc. 's share was trading at $2,008.29 as of July 31st. MKL's trailing and forward P/E were 12.05 and 15.04 respectively according to Yahoo Finance. An executive in a suit walking through an insurance office. Markel Group is a deliberately built, Berkshire-inspired holding company that quietly compounds value through a triad of specialty insurance, private businesses under Markel Ventures, and a long-term equity portfolio. Its strategy is rooted in consistency, optionality, and agility—not as abstract ideals, but as core design principles. The company's specialty insurance operations are deeply embedded in niche, hard-to-price markets with little competition, where switching providers is difficult due to the value derived from Markel's deep underwriting expertise. The underwriting culture prioritizes discipline and relationships over premium volume, resulting in consistent combined ratios below 100%. Markel Ventures complements this with wholly owned, cash-generative private businesses—often acquired from families—and operated autonomously. Meanwhile, the investment portfolio, skewed toward equities and influenced by Buffett-style principles, leverages insurance float for long-term gains. Capital allocation is opportunistic yet prudent, directed where long-term returns are highest. The decentralized structure empowers local leaders in both insurance and operating businesses, keeping decision-making close to the ground. Importantly, each of Markel's three flywheels—insurance, ventures, and investments—not only compounds independently but reinforces the others, creating an ecosystem of structural compounding. The company benefits from durable tailwinds such as rising specialty insurance demand, embedded pricing power, growing float leverage, and a long runway for small private acquisitions. Markel's conservative balance sheet, disciplined underwriting, and aversion to trend-chasing enable it to grow steadily without relying on leverage or market cycles. Designed for resilience and patient ownership, Markel continues to widen its moat quietly, compounding value by focusing where others don't—and letting time do the work. Previously we covered a bullish thesis on Markel Group Inc. (MKL) by Value Don't Lie in May 2025, which highlighted valuation upside, activist pressure, and improving capital allocation. The company's stock price has appreciated approximately by 10.7% since our coverage. The thesis still stands as underlying value remains underappreciated. FluentinQuality shares a similar thesis but emphasizes Markel's structural compounding design. Markel Group Inc. is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 41 hedge fund portfolios held MKL at the end of the first quarter which was 38 in the previous quarter. While we acknowledge the potential of MKL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None.