The CEO & Director of Tower Semiconductor, Russell C. Ellwanger, recently sold 42% of his shares, netting US$40m. This significant insider sale, occurring at an average price of US$251 per share, is the largest insider sale for the company in the past year. While insider selling can be a cautionary sign, Tower Semiconductor remains profitable and growing, with insiders still owning a modest 0.4% of the company.
Simply Wall Street
Original source
We wrap up our coverage of the markets and the week.
Bitcoin and Ether bears get decimated amid 'squeeze-led' rally and Musk's X wants to pay creators in stablecoins: Crypto's week in 5 stories CoinDesk Why bitcoin prices are suddenly rallying big-time Yahoo Finance Bitcoin jumps further on U.S. crypto policy hopes CP24 Bitcoin and gold surge as Bessent's bond market intervention weighs on dollar Financial Post Gold and Bitcoin Are Rallying as Debasement Chatter Picks Up Bloomberg.com
Last week, the BSE benchmark Sensex declined 276.32 points, or 0.35 per cent, and the NSE Nifty dipped 76.35 points, or 0.31 per cent
Banks, fintechs, NPCI: Who gets what when MDR returns to UPI Moneycontrol.com Keeping UPI accessible, secure and trusted: Balancing free payments with systemic growth Deccan Herald Selective UPI MDR Will Need Reliable Merchant Intelligence, Not Just a Pricing Rule TheWire.in Keep UPI free, and fund it from the savings it generates The Indian Express MDR on UPI transactions worth ₹2,000 & above likely in 2 weeks: Report | Zero MDR was introduced in January 2020 | Inshorts Inshorts
Headlines and briefs on this site are for information only. Always verify details on the original source or live status page.
Read Disclaimer