Tesla investors who have remained loyal to Musk over the years are facing a brutal collapse.
In 2021, Blavatnik agreed to a recapitalization of DAZN which resulted in the company's net debt dropping to $14.3 million at the end of the year, down from $1.3 billion the year before.
According to Jonathan Levin, president of GCM Grosvenor, there are attractive returns to be generated by focusing on a segment of the investment universe that has less capital going to it, such as newer and more diverse managers.
Norwegian Cruise Line's shares dropped 3.3% after a downgrade to underweight from equal weight by Morgan Stanley.
The Islamic Development Bank has pledged $4.2 billion to Pakistan over three years to help the country finance its rebuilding plan after devastating floods left a third of the nation inundated in the summer, a minister said.