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Fidelity has cut X’s value by 79% since Musk purchase

Elon Musk’s X is now valued at less than a quarter of its $44 billion purchase price, according to a new estimate from investor Fidelity.  The asset manager, which helped Musk acquire the social network formerly known as Twitter, has further reduced the value of its holding in X to …

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Nio Surges on $1.9 Billion Injection From Parent, Investors

(Bloomberg) — Nio Inc. jumped the most in nearly five months Monday after unveiling a cash injection worth 13.3 billion yuan ($1.9 billion) from existing shareholders. Most Read from Bloomberg The Singapore-listed shares of the loss-making Chinese electric vehicle maker gained almost 16% on the financial reinforcement of its China …

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AirPods 4 review: Smart features, low price

The AirPods 4 offer a more comfortable fit, more portable build, and better audio quality — all for a relatively low price. Pros Comfortable fit Solid audio quality Apple features like Automatic Switching Reasonably-priced Cons No wireless charging Limited continuous battery life Buy From List Price Sale Price $129 $119 …

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Japanese Stocks Falter as Ishiba’s Win Wrongfoots Easing Bets

(Bloomberg) — Japanese stocks tumbled after Shigeru Ishiba’s surprise victory over Sanae Takaichi in the ruling party’s leadership race wrongfooted investors who had bet on a boost from more monetary stimulus from his rival. Most Read from Bloomberg The Nikkei 225 Stock Average slid as much as 4.7% in early …

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