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Elon Musk's X and xAI all-stock merger broke Wall Street's usual rules, with the same advisers, Morgan Stanley and Sullivan & Cromwell, working on both sides (Wall Street Journal)

Wall Street Journal : Elon Musk's X and xAI all-stock merger broke Wall Street's usual rules, with the same advisers, Morgan Stan...

1 April 2025

Coinbase's stock fell 31% in Q1 2025, its worst quarterly performance since FTX collapsed in 2022; nearly every major crypto-linked stock plunged alongside it (Matthew Griffin/Bloomberg)

Matthew Griffin / Bloomberg:
Coinbase's stock fell 31% in Q1 2025, its worst quarterly performance since FTX collapsed in 2022; nearly every major crypto-linked stock plunged alongside it  —  Coinbase fell 31% in the worst quarterly performance since FTX collapsed near the end of 2022.

Posted from: this blog via Microsoft Power Automate.

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