BP to Sell Majority Stake in Castrol Business for $6 Billion
(Bloomberg) — BP Plc agreed to sell a majority stake in its Castrol lubricants division to US investment firm Stonepeak Partners, marking a key milestone as the oil and gas…
SoftBank’s Son ‘was crying’ about the firm’s need to sell its Nvidia stake AI Bets
Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks at the SoftBank World event in Tokyo, Japan, on Wednesday, July 16, 2025. Speaking via teleconference, Son and…
Billionaire Ken Griffin Sold 91% of Citadel’s Stake in Palantir and Nearly Tripled His Position in This Cutting-Edge Artificial Intelligence (AI) Stock
Griffin’s Citadel hedge fund made some big moves in the artificial intelligence (AI) arena during the September-ended quarter. This has been a busy month on the news front for Wall…
Google Parent Alphabet Sold 79% of Its Stake in Snowflake and Is Piling Into This Supercharged Artificial Intelligence (AI) Stock Instead
Shares of cloud-data warehousing stock Snowflake were significantly pared down in the third quarter in favor of an up-and-coming customer relationship management (CRM) company. For the better part of the…
Billionaire Israel Englander Sold 40% of Millennium’s Stake in AT&T and Is Piling Into This Troubled Artificial Intelligence (AI) Stock Instead
Englander’s Millennium has shed nearly 9 million shares of supercharged income stock AT&T since 2024 began in favor of a controversial artificial intelligence (AI) stock. Investors are rarely ever at…
B. Riley sells Great American stake to raise money to lower its debt
B. Riley Financial, the Westwood-area financial services firm, said Monday that it has sold a majority stake in its Great American appraisal and liquidation business in a nearly $400 million…