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Express News | Elon Musk's social media platform X Corp (formerly Twitter), which he controls, holds approximately $6 billion in shares of Musk's xAI Corp. This means that the potential sale of up to $3 billion in debt for X Corp, led by Morgan Stanley and other major W
Shares of Companies Within the Banking and Financial Sector Are Trading Lower Amid Overall Market Weakness as Investors React to Developments Regarding Advancements in Chinese Artificial Intelligence. Additionally, Investors Could Be Assessing the...
Citigroup: Trump cannot reverse the process of Energy transition; the power of the economy will prevail.
Citigroup Analyst believes that USA President Donald Trump's policies will not impede the current pace of transitioning away from high-carbon Energy. Citigroup ESG Analyst Anita McBain and others wrote in a report that despite the Trump administration's determination to repeal the climate policies of the Biden era, there remains optimism that the Energy transition will succeed. They stated that today's Energy transition is more advanced than during Trump's first term, with the desire to produce cheap and safe Electrical Utilities aligning with the "Asia Vets, technological innovation, policy support, and economically viable solutions" provided by green energy. This comes just hours after Trump took office on January 20.
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Express News | Morgan Stanley strategists suggest going long on USA government bonds within Trump's policy mix.