Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.

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 on Friday.

Trump's call at Davos for cuts to US interest rates, oil prices, and taxes spurred investor optimism for his policies, buoying stocks this week. 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.

Wall Street is pointing slightly lower in early trading but is on track to close the week with solid gains on healthy quarterly earnings reports from large U.S. corporations.

Many quantum computing stocks have risen well above Wall Street's price targets, but this one still has room to climb.

Companies in the S&P 500 appear increasingly focused on tariff policies under President Donald Trump, a point of potential volatility for the U.S. stock market, according to a research note from Citigroup.

President Trump's first week in office has brought a barrage of executive orders and tariff talk, but investors appear to be shrugging off the uncertainty. The Cboe Volatility Index, the widely followed fear gauge that trades under the ticker VIX,

Wall Street’s main indexes closed lower on Friday as investors stepped back while they digested a mixed bag of economic data and earnings reports and prepared for a week filled with economic releases and a Federal Reserve meeting.