Fidelity marks down X valuation by 71.5%

Mutual fund company Fidelity has marked down its investment in X holdings — the parent company of X (formerly Twitter) owned by Elon Musk — by 71.5% from the original valuation of shares, according to a new disclosure. Fidelity spent $19.2 million to acquire a stake in X back in October 2022. The fund manager…

I guess I’m a projector person now?

I’ve been one of the those “I don’t own a TV” people for a long time. Really my entire adult life, excepting those times when I shared my living space with someone who brought their own to the party. My exact motivation is a bit hazy all these years later, but at a certain point,…

I guess I’m a projector person now?

I’ve been one of the those “I don’t own a TV” people for a long time. Really my entire adult life, excepting those times when I shared my living space with someone who brought their own to the party. My exact motivation is a bit hazy all these years later, but at a certain point,…