Bloomberg Business

CATL Slumps as Morgan Stanley Makes Sole Underweight Call

Shares of Contemporary Amperex Technology Co. slumped as Morgan Stanley slashed its recommendation to underweight, expecting geopolitical tensions to hinder the Chinese battery giant’s expansion into US markets.

Dell Family Office to Diversify Portfolio as Big Payday Looms

Alisa Mall, the chief investment officer for Michael Dell’s family office, is looking to diversify her portfolio as the firm is poised to absorb an influx of cash and stock that together is worth more than $20 billion.

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