A judge has officially approved a settlement in a case brought by Tesla shareholders against board members who will now have to return stock, cash, and give up on stock options worth a total of nearly $1 billion.
Tesla and Nvidia led a tech-heavy comeback on Friday, helping US stocks shake off a downbeat start to 2025. The S&P 500 rose 1.3%, while the Dow Jones Industrial Average gained 0.8%. The tech-heavy Nasdaq Composite led the gains with an…