Standard & Poor's: Cyprus is upgraded to A-, and the outlook is stable. The economic and financial situation (in the euro zone) performed well, so the rating was upgraded.Standard & Poor's: With the strong economic growth, the tight fiscal system is supporting the rapid reconstruction of Cyprus' fiscal buffer.According to informed sources, Ultramicro Computer is considering issuing additional shares and bonds. Ultramicro computers fell 6% in after-hours trading.
Barclays lowered the target price of MGM International Hotel Group from 50.00 to 46.00.Finance Minister of Canada: The sale of shares of Air Canada Government will be announced in the next few days.Finance Minister of Canada: The government has never intended to hold shares in Air Canada for a long time.
Coca-Cola Brazil invested R $550 million (US$ 91 million) to expand the concentrated solution plant in Amazon.Canadian Finance Minister: In the face of possible tariffs imposed by the United States, Canada will not escalate the dispute and will not back down.Investors caught up in the "Musk Deal" are rewarded handsomely. One fund has even soared by 500%. Whether it is a Wall Street fund or a small short-term trader, as long as they dare to bet heavily on elon musk's business empire, they are expected to make a lot of money this year, because Donald Trump's victory in the US election has strongly boosted the wealth surge of the world's richest man. Musk's support for Trump during the campaign and his appointment to lead the new government efficiency department made his enterprises, including Tesla and unlisted unicorn companies SpaceX and xAI, hot assets. The market value of these companies has soared this year, pushing Musk's own personal wealth to exceed $400 billion. The closed-end fund Destiny Tech100 Inc.(DXYZ) is such a fund that caught the wind of Musk's trading. Since the November 5 election, the fund has soared by more than 500%. The fund invests in the shares of unlisted unicorn companies, and its latest declaration shows that as of the end of September, the bet on SpaceX accounted for more than one-third of its positions. Trump's victory prompted a large number of retail investors to flood into the fund, pushing its transaction price far beyond the valuation of its underlying assets, and the premium level rose to an eye-popping high.