Fidelity invested over $300 million into Elon Musk's $44 billion takeover.
Share on email Mutual fund giant Fidelity wrote down the value of its shares in Twitter/X by another 8% during the month of September, according to a new disclosure.Fidelity doesn't explain how it calculates its valuations for unlisted securities, and other Twitter/X shareholders may have different holding values.
There's speculation that it uses public market comps like Snap, although Snap shares lost 13.9% during September and only around 10% over the relevant one-year period.Share on linkedin
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
iRobot's Roomba Combo vacuum-and-mops are up to $300 off right nowA handful of iRobot's 2-in-1 robot vacuum and mop Roomba Combo devices are down to all-time lows at Wellbots.
Weiterlesen »
Google invested $300 million in AI firm founded by former OpenAI researchersGoogle invested $300 million in Anthropic in late 2022, according to a report from the Financial Times. Anthropic was founded by former OpenAI employees and is developing its own chatbot, Claude, a rival to ChatGPT.
Weiterlesen »
65-year-old NorCal burger stand closing permanentlyLou’s Burgers in Sacramento was known for affordable burgers under $10, milkshakes and 1950s drive-in vibes.
Weiterlesen »
Sampson Zheng shoots 65 to take third-round lead at Asia-Pacific Amateur at Royal MelbourneSampson Zheng shot a 6-under 65 at Royal Melbourne to take a four-stroke lead into the final round of the Asia-Pacific Amateur.
Weiterlesen »
Russia Not Among 65 Countries in Talks on Ukraine's Peace PlanTalks on Ukraine's plan for peace kicked off in Malta on Saturday, with the participation of more than 65 countries - but not Russia, Maltese and Ukrainian officials said.
Weiterlesen »
Ohio high court upholds 65-year prison term in thefts from nursing homes, assisted living facilitiesThe Ohio Supreme Court is upholding a 65-year prison term for a central Ohio woman who plead guilty to stealing jewelry and other valuables from elderly residents at nursing homes and assisted living facilities
Weiterlesen »