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Fidelity, Elon Musk
Fidelity just boosted the value of its stake in Elon Musk's xAI by 70%
Financial giant Fidelity bumped up the valuation of two Elon Musk-owned companies, social media platform X and AI startup xAI in October.
Fidelity Fund Boosts Value of Elon Musk’s X Social Network
A Fidelity Investments mutual fund increased the value of its equity stake in Elon Musk’s X by more than 32% in October, its largest monthly increase since making the investment in late 2022.
Fidelity reportedly marked up its X stake by 32%
Fidelity marked up the value of its holdings in Elon Musk’s X (formerly Twitter) by 32.37% in October, according to a report in Axios. Even with this
Fidelity boosts valuations of its stakes in Elon Musk’s X and xAI startup, report says
October saw a 32.37% jump in X's valuation, marking the biggest monthly increase since Fidelity helped Musk buy Twitter for $44 billion in 2022, Axios said.
A potential SpaceX deal would boost the value of Elon Musk's company to $350 billion
SpaceX is reportedly in talks to sell insider shares that value it at around $350 billion, double from the year prior.
1d
on MSN
Fidelity to Push Advisor Clients Into Lower Yielding Cash Sweep Accounts
The company is changing a policy that will affect how much some clients earn on cash held in non-retirement accounts.
Yahoo Finance
8h
Fidelity National (FIS) Down 1.5% Since Last Earnings Report: Can It Rebound?
It has been about a month since the last earnings report for
Fidelity
National Information Services (FIS). Shares have lost about 1.5% in that time frame, underperforming the S&P 500. Will the ...
Commercial Observer
1d
Fidelity Signs Deals for 24K SF of Office and Retail at 320 Park Avenue
Fidelity is taking a total of 23,500 square feet of office and retail space at Mutual of America Financial Group and Munich ...
2d
on MSN
Robinhood Is Taking on Charles Schwab and Fidelity. What It Will Means for the Stock.
The company’s latest acquisition positions it to challenge incumbents Charles Schwab and Fidelity on a new front.
Think Advisor
6d
Fidelity to Switch Advisor Custody Accounts to FCASH as Only Core Sweep Option
Next year, custody, non-retirement brokerage accounts will convert and default to Fidelity's FCASH sweep holding option.
Financial Planning
7d
Fidelity's client-cash plans draw industry ire
Starting next year, all of its existing RIA non-retirement clients' cash balances will be moved from higher-yield money ...
1d
Musical Fidelity's phono preamp promises reference-class performance without the high price tag
The M8x Vinyl is a fully balanced phono preamp, taking trickle-down tech from higher-end units to deliver a "reference-class" ...
SmartHouse
16h
Musical Fidelity’s New Phono Preamp Is Chairman Of The Board
Musical Fidelity’s M6x Vinyl phono preamp now has a younger, larger and fully balanced sibling – the M8x Vinyl. The new ...
1d
on MSN
86-year-old woman has been fighting for months after nearly $50K was stolen from Fidelity accounts
An 86-year-old Fayetteville woman says nearly $50,000 was stolen out of her Fidelity retirement accounts and she has been ...
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