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...Nano-X Imaging, a small Israeli medical device maker, doubled after Nvidia detailed its position in the company in a regulatory filing last Wednesday....
...How the debt has been marked on bank balance sheets has been an open question for traders and investors across Wall Street, given how much X’s business has deteriorated since Musk bought the company....
...Singapore’s Temasek Holdings is holding talks about investing in OpenAI, a deal that would mark the first time a state-backed group has funded the ChatGPT maker....
...Fidelity recently marked down its investment in X by about 70 per cent, giving the company a value of around $12.5bn....
...He has holdings in Chrysalis, Augmentum, Funding Circle and Nubank. Email: adventurous@ft.com. X: @advinvestor....
...Notably absent from both accounts are insights from those left holding the bag. What of the Wall Street bankers — Morgan Stanley, Bank of America, Barclays — who loaned Musk $13bn for the purchase?...
...brooke.masters@ft.com Follow Brooke Masters with myFT and on X...
...The break-up Elon Musk courted Don Lemon to bring his on-camera journalism to X....
...He has used it as a name for various business ventures — most notably X.com, an online bank he co-founded in 1999 that later merged with another company to become PayPal — as well as for his first child...
...Email Michela at michela.tindera@ft.com, or message her on X at @mtindera07....
...I worked for some years for a mutual insurance company that is now probably the best capitalised insurer in the UK....
...The Tesla and SpaceX chief financed his takeover of X by saddling it with $13bn in debt from a syndicate of banks led by Morgan Stanley, Bank of America, Barclays and Mitsubishi....
...The world’s richest man acts like the sole stakeholder in X, entitled to immolate a company for which he paid $44bn....
...Prosecutors are probing whether Benko and Signa misled the bank regarding the company’s financial health. The loan was collateralised with shares in Signa Group entities....
...Ackman earned his reputation on Wall Street as a brash activist investor who took on large US companies but had in recent years pledged to be less vocal and work with executives behind the scenes....
...Within the next five years, the capabilities of AI will probably exceed that of all humans, the billionaire predicted in an interview on X with Nicolai Tangen, chief executive of Norges Bank Investment Management...
...They and other companies are also attempting to distance themselves from Musk following his comments....
...Linda Yaccarino is next week planning to meet the seven banks that helped bankroll Elon Musk’s takeover of X, formerly known as Twitter, to lay out her plans to revive the struggling social media company...
...Social media platform X, formerly known as Twitter, has valued its equity at $19bn, the company told employees, a year after Elon Musk acquired it in a $44bn deal....
...“Head of X”, in investment banking contexts, is often a vanity title; it just indicates there’s nobody more senior in the X business for that bank, which might not mean much....
...estate market, regional banks and the broader economy....
...Within the next five years, the capabilities of AI will probably exceed that of all humans, Musk predicted on Monday during an interview on X with Nicolai Tangen, the chief executive of Norges Bank Investment...
...Company results: Asset manager Franklin Templeton is expected to report its first-quarter earnings....
...Companies: Frozen potato processor Lamb Weston and consumer packaged foods company Conagra Brands will report earnings results before the bell....
...Historically, these large banks have been called on to bail out struggling companies during times of distress, such as through buying stakes in troubled local banks and offering more bailout loans to developers...
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