Is Twitter gaining value despite ongoing controversy?

Published

2 years ago

September 1, 2023

While many of Elon Musk’s recent decisions at the social media company have alienated some of its users, its valuation is on the up.

For the third consecutive month, Fidelity has adjusted the valuation of its holdings in X/Twitter, while still maintaining a significant markdown, as revealed by recent disclosures.

Fidelity augmented the valuation by 8% for the month ending on July 31, following a previous 11% increase in June.

Despite these adjustments, the investment behemoth continues to hold the shares at a substantial 58% discount, as per the disclosure released on Wednesday.

Notably, Fidelity played a role in financing Elon Musk’s acquisition of Twitter for $44 billion in October of the prior year.

Over the subsequent six months, the investment giant either marked down the stock’s value or retained it at the same level.

It’s important to note that while Fidelity is an investor in the privately held enterprise, it may not possess substantial insider insights into the company’s financial standing.

The company revises its valuations for all private company shares on a trailing monthly basis, offering little clarity on the methodology used.

Different holders of X shares evaluate the company’s value through varied lenses.

U.S. envoys head to Moscow as Ukraine peace talks accelerate

U.S. envoys to meet Putin, signaling a potential shift in Ukraine war diplomacy.

Published

14 hours ago

January 22, 2026

Harvey Vargas

U.S. envoys to meet Putin, signaling a potential shift in Ukraine war diplomacy.

Senior U.S. envoys are preparing to meet Russian President Vladimir Putin as diplomatic efforts around the war in Ukraine gather pace. The visit comes after Russia formally requested high-level talks, signalling a potential shift in momentum.

Special Envoy Steve Witkoff and Jared Kushner are set to travel to Moscow following months of behind-the-scenes discussions. The move underscores Washington’s willingness to engage directly as negotiations enter a more decisive phase.

With global attention fixed on the outcome, the meeting could shape the next chapter of the conflict — and determine whether diplomacy can finally overtake military escalation.

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News

Trump drops tariff threat after Greenland framework deal

Trump announces Greenland deal, easing tariff threats amid trade tensions, boosting US markets and sparking Arctic diplomacy debate.

Published

14 hours ago

January 22, 2026

Harvey Vargas

Trump announces Greenland deal, easing tariff threats amid trade tensions, boosting US markets and sparking Arctic diplomacy debate.

U.S. President Donald Trump has announced a framework deal involving Greenland, stepping back from earlier threats to impose tariffs on Europe. The shift comes after heightened global concern over trade tensions and geopolitical stability.

The announcement followed Trump’s appearance at the World Economic Forum in Davos and discussions with NATO’s Secretary General.

Denmark’s Foreign Minister has since weighed in, responding to speculation surrounding Greenland’s future and the implications of US involvement.

Markets reacted positively, with US stocks rallying after Trump signalled he would abandon the tariff threats.

While Trump reiterated he would not use force to acquire Greenland, the move has sparked renewed debate about diplomacy, trade, and influence in the Arctic region.

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#DonaldTrump #Greenland #USTrade #Tariffs #GlobalMarkets #USPolitics #WorldNews #Ticker

News

Coalition cracks deepen as Nationals break ranks over Labor reforms

Nationals senators defy party lines, voting against Labor’s reforms as Coalition faces internal rifts and leadership concerns.

Published

2 days ago

January 21, 2026

Harvey Vargas

Nationals senators defy party lines, voting against Labor’s reforms as Coalition faces internal rifts and leadership concerns.

A rift has emerged in the Coalition after three Nationals senators crossed the floor to vote against Labor’s post-Bondi hate group reforms, defying party lines and raising questions about their future in the shadow cabinet.

Their proposed amendment calling for greater scrutiny was rejected, and Labor’s legislation passed the Senate 38 votes to 22, cementing the reforms into law despite opposition pushback.

Coalition leadership will meet Wednesday to assess the political fallout, though some MPs consider the issue minor in terms of potential resignations. The incident highlights growing tensions within the party as internal discipline comes under pressure.

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#AustralianPolitics #Coalition #Nationals #Labor #Senate #PoliticalDrama #TickerNews #BreakingPolitics