November 15, 20240 Comments

Musk’s political ascendancy stirs hopes of redemption for X banks By Reuters

By Shankar Ramakrishnan and Echo Wang (Reuters) – Elon Musk’s political ascendancy has some Wall Street banks hoping they may soon be able to offload $13 billion of debt that backed the billionaire’s purchase of the social media platform X, three banking sources said. Some of the lenders in the consortium, which included Morgan Stanley (NYSE:) and Bank of America, think Musk’s emergence as a close aide to President-elect Donald Trump

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November 15, 20240 Comments

U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.70% By Investing.com

Investing.com – U.S. stocks were lower after the close on Friday, as losses in the , and sectors led shares lower. At the close in NYSE, the declined 0.70%, while the index lost 1.32%, and the index fell 2.25%. The best performers of the session on the were Walt Disney Company (NYSE:), which rose 5.46% or 5.96 points to trade at 115.08 at the close. Meanwhile, Verizon Communications Inc (NYSE:)

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November 15, 20240 Comments

Berkshire bites into Domino’s Pizza, dips into Pool amid stock retreat By Reuters

By Jonathan Stempel (Reuters) -Warren Buffett’s Berkshire Hathaway (NYSE:) said on Thursday it made new investments in Domino’s Pizza (NYSE:) and Pool Corp (NASDAQ:) in the third quarter, even as it retrenched from stocks such as Apple (NASDAQ:) and Bank of America. Berkshire owned 1.28 million Domino’s shares worth about $549 million as of Sept. 30. It also owned 404,000 shares of Pool, a distributor of swimming pool supplies, worth

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November 15, 20240 Comments

Adobe, Amazon lead Friday’s market cap stock movers By Investing.com

Friday’s trading session has seen significant movements among mega-cap and large-cap stocks. Adobe Systems Inc (NASDAQ:) and Amazon.com Inc (NASDAQ:) experienced notable declines, while Palantir Technologies Inc (NYSE:) surged. Here’s a rundown of today’s key stock movers across different market capitalization ranges. Mega-Cap Movers (Market Cap $200B+): Adobe Sys Inc (ADBE): -5.2% Amazon Com Inc (AMZN): -4.75% Eli Lilly And Co (NYSE:): -4.35% Nvidia Corp (NASDAQ:): -4.13% Facebook Inc (NASDAQ:):

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November 15, 20240 Comments

U.K. stocks lower at close of trade; Investing.com United Kingdom 100 down 0.07% By Investing.com

Investing.com – U.K. stocks were lower after the close on Friday, as losses in the , and sectors led shares lower. At the close in London, the fell 0.07%. The best performers of the session on the were Land Securities Group PLC (LON:), which rose 4.31% or 25.00 points to trade at 605.00 at the close. Meanwhile, EasyJet PLC (LON:) added 3.75% or 19.40 points to end at 536.80 and

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