📊 Norway Challenges Musk's $1T Plan

Author

Ryan Serkes
November 05, 2025

Hi everyone, here is your 📊 Daily Trade.

Here's what's happening today:

🛑 Norway opposes Musk's $1 trillion pay deal
🚗 Rivian beats Q3 expectations, maintains guidance
⚡ Rivian, Lucid face challenges amid Q3 results
🔗 Poain launches AI-blockchain finance platform
🏠 First-time home buyer share hits historic low
🎁 +8 more stories you might like
🛑 Norwegian Wealth Fund Challenges Musk's $1 Trillion Compensation Plan Link
  • Norway's sovereign wealth fund opposes Musk's proposed $1 trillion pay deal.
  • Tesla's board warns Musk might leave if the deal is rejected.
  • European investors may follow Norway's lead, adding uncertainty to the vote.
🚗 Rivian Beats Expectations, Steadies Future Guidance Link
  • Rivian reported a $24 million gross profit, surpassing Wall Street estimates.
  • The company maintains its 2025 guidance despite previous adjustments.
  • A joint venture with Volkswagen and software services boosted profitability.
⚡ Rivian and Lucid Confront Mounting Challenges in EV Market Link
  • Rivian and Lucid face growing market challenges despite revenue growth.
  • Both companies have cut production guidance amid rising costs and tariffs.
  • Investors are cautious about near-term profitability despite EV sales growth.
🔗 Poain Launches AI-Driven Blockchain Platform for Digital Finance Link
  • Poain BlockEnergy introduces a platform integrating AI with blockchain for asset management.
  • The launch includes a PEB token presale and a $15 registration reward for new users.
  • The company aims to democratize finance with a focus on accessibility and security.
🏠 First-Time Home Buyers Shrink to Record Low as Median Age Rises Link
  • First-time home buyer share drops to 21%, with median age rising to 40.
  • Housing market challenges include lack of affordable inventory and rising costs.
  • NAR calls for policy changes to increase housing supply and affordability.

Other news & articles you might like

  • 💸 CMS Energy prices $850M convertible notes (Link)
  • 👩‍💼 Marathon Petroleum elects Maryann Mannen as Chairman (Link)
  • 🔧 KBR wins engineering contract for Qatar project (Link)
  • 🤝 CSW Industrials completes acquisition of MARS Parts (Link)
  • 📈 Ridge Street Capital sees 150% growth in lending (Link)
  • 💼 Hamilton Lane reports fiscal Q2 2026 results (Link)
  • 🌿 Chicago Atlantic confident in cannabis pipeline (Link)
  • 🔗 WisdomTree joins Cap stablecoin network (Link)

You might also like…

We’re always looking for opportunities to bring our readers more value so we’ve partnered with a handful of companies that we think you might enjoy.

How would you rate today's newsletter?

If there's anything I can do better, please reply to this email and let me know!

Login or Subscribe to participate in polls.