Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by Elon Musk, two sources with knowledge of the matter said Friday.
Banks are getting ready to sell billions of dollars in debt borrowed by Elon Musk’s X, bringing Wall Street a step closer to exiting the nerve-racking deal that financed the social-media company ...
NEW YORK (Reuters) -Wall Street banks are getting ready to sell ... Morgan Stanley and others, such as Bank of America and Barclays, lent Musk money to complete his $44 billion buyout of X ...
The major gauges ended the holiday-shortened week with gains, demonstrating the power of Trump's comments even as Wall Street questions his ability to execute the changes. The Dow rose 3% ...
The benchmark S&P 500 and the Nasdaq struggled for direction on Friday, as investors avoided big bets and assessed fresh data to gauge the health of the economy, while Boeing dipped after issuing ...
On Wall Street, the Dow Jones Industrial Average fell 0.15%, to 44,358, the S&P 500 dropped 1.8%, to 5,991 and the Nasdaq Composite slumped about 3%, to 19,360. Nvidia , whose chips are the ...
China may be about to burst Silicon Valley's AI bubble — and Wall Street is freaking out. U.S. tech stocks plunged on Monday, amid a wider market sell-off. The culprit: DeepSeek, a Chinese ...
There were signs of relief of Wall Street not dissimilar to the broad advance in the S&P 500 spurred by softer-than-expected moves on tariffs. Restaurant operator Yum! Brands Inc. rallied 2.4% in ...
The Fed is expected to keep rates steady but watch for Fed independence questions at Powell's Q&A. Key earnings reports from Apple, Microsoft, Meta, and Tesla will provide insights into their ...
Andrew joined the Journal in 2014 to cover transportation in New York City. He came from the Los Angeles Times, where he covered Wall Street as a national business correspondent. Before that ...
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