Fidelity Blue Chip Growth Fund slashed the value of their Twitter stake by 56 percent $8.63 million in November 30, following Elon Musk's $44 billion buyout.
The value of the fund's Twitter stake was $19.66 million at the end of October, days after Musk’s acquisition.
Another of the asset manager's funds, Fidelity Contrafund, also reported a similar markdown.


Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient
Palantir Stock Jumps After Strong Q4 Earnings Beat and Upbeat 2026 Revenue Forecast
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit
SpaceX Reports $8 Billion Profit as IPO Plans and Starlink Growth Fuel Valuation Buzz
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine
SoftBank and Intel Partner to Develop Next-Generation Memory Chips for AI Data Centers
Instagram Outage Disrupts Thousands of U.S. Users
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 



