US Steel falls on Trump threat, Elon Musk’s Tesla pay package rejected: Yahoo Finance
Shares of US Steel (X) are tumbling early Tuesday after President-elect Donald Trump posted on Truth Social that he is “totally against the once great and powerful U.S. Steel being bought by a foreign company, in this case Nippon Steel of Japan” and vowing to “block” the deal from going through. Meanwhile, Tesla (TSLA) says it’s going to appeal a judge’s rejection of CEO Elon Musk’s $56 billion pay package. Musk posted on X that “Shareholders should control company votes, not judges.” Other trending tickers on Yahoo Finance include Super Micro Computer (SMCI), Intel (INTC), and Zscaler (ZS).
Key guests include:9:05 a.m. ET - Cameron Dawson, Chief Investment Officer, NewEdge Wealth9:45 a.m. ET - Craig Irwin, ROTH MKM Senior Research Analyst10:30 a.m. ET - Andrew Bialecki, Klaviyo CEO10:40 a.m. ET - Greg Hewitt, DHL Express U.S. CEO11:50 a.m. ET - David Peterson, Fidelity Head of Advanced Wealth Solutions