SpaceX Moves on Musk Comments; Oracle Drops on Ellison Plan | Stock Movers
On this episode of Stock Movers: - Baldwin (BWIN) shares are moving as Michael Dell’s family office and Sequence Holdings teamed up to acquire Baldwin Insurance Group Inc. in an all-cash deal valued at $7.7 billion. - SpaceX (SPCX) shares are moving after the Chief Executive Elon Musk said Sunday on social media platform X that he is "highly confident" the company will launch Nvidia's (NVDA) Vera…
Baldwin Insurance Group Inc. is being acquired by Michael Dell's family office and Sequence Holdings in an all-cash deal valued at $7.7 billion.
SpaceX shares are moving after CEO Elon Musk said on social media platform X that he is highly confident the company will launch Nvidia's Vera Rubin NLV72 artificial intelligence computers in space next year, according to Bloomberg.
Oracle shares are lower after Chairman Larry Ellison canceled his plan to sell as many as 50 million shares in the tech company, worth around $7.5 billion. According to Yahoo Finance and The Indian Express, no Oracle stock was sold under the plan, and Ellison has no other plans to sell any of his Oracle stock. Ellison's stake in Oracle amounts to more than 40%, per Yahoo Finance, or over 38%, per The Indian Express.
Brief written by urgent.news from Bloomberg, Yahoo Finance, The Indian Express — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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- Larry Ellison cancels plan to sell Oracle stock investing.com
- Larry Ellison cancels plan to sell Oracle stock worth up to $7.5 billion indianexpress.com
- Larry Ellison nixes plan to offload up to $7.5 billion worth of Oracle stock cnbc.com
- Larry Ellison cancels $7.5bn Oracle share sale ft.com
- Larry Ellison Scraps Plan to Sell Up to $7.5 Billion Worth of Oracle Stock wsj.com
- Larry Ellison cancels $7.5B Oracle share sale plan seekingalpha.com
- Larry Ellison cancels plan to sell Oracle stock channelnewsasia.com
