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Stephen Guilfoyle in his Market Recon column checks out oil's price popping, Thursday's stocks dropping, the SEC slapping Payward's hand for crypto staking, the arrival of another Salesforce (CRM) activist, Chick-fil-A's development of plant-based sandwich and the shot-down Chinese balloon....XLC
Mason Morfit, boss of the investment fund, said his focus would be on 'sorting out what was built to last and what was built for the bubble'.
Shares jumped after the Disney chief executive unveiled plans to revamp its streaming business and cut costs, including through thousands of layoffs.
Dan Loeb’s hedge fund Third Point has built a position in Salesforce, CNBC has confirmed.
Dan Loeb’s hedge fund Third Point has built a position in Salesforce, expanding the group of activists circling the business software maker, CNBC has confirmed.