Rocket Lab CEO Peter Beck has voluntarily reduced his base salary from $800,000 to just $1 and waived his annual bonus and other compensation. This decision follows a record-breaking year for the company and reflects Beck's choice to allocate funds that would have gone to his pay toward research and development projects. The move highlights a leadership commitment to reinvest in the company's growth and innovation rather than personal gain.
On December 1, 2025, YieldMax Ultra Option Income Strategy ETF (ULTY) executed a 1-for-10 reverse split, raising its share price tenfold but not increasing investor value. The fund charges a high 1.24% expense ratio, significantly more than comparabl...
YieldMax Ultra Option Income Strategy ETF (ULTY) promises a high annualized yield near 62% through weekly distributions by selling options on volatile tech stocks. However, its total return over the past year was -4.8%, far below the S&P 500's 22% ga...
