Markets and investing
Tesla and SpaceX Shares Fall as Early Midterm Results Favor Democrats
Tesla and SpaceX shares each dropped about 1.8% in after-hours trading as early election results pointed to Democratic gains in the US midterms.
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Markets and investing
Bain Capital Chair Expects $30 Billion in Exits This Year
John Connaughton says Bain Capital expects $30 billion in exits this year and is optimistic about its Asia business, including the prospect of building momentum with exits in China.
Markets and investing
Indian Companies’ Dollar Hedging Falls to an Eight-Month Low
Forward-dollar purchases dropped 35% in October to $49.5 billion, following a record high in September, as the Reserve Bank of India intensified its crackdown on what it described as speculative bets against the rupee.
Markets and investing
Drawbridge Fund Sells $5 Million in Playboy Shares
Drawbridge Special Opportunities Fund sold Playboy common stock for $1.05 per share on October 30, while retaining indirect holdings through related investment entities.