Hess Investor HBK to Abstain in $53 Billion Chevron Merger Vote

-- HBK Capital Management, one of the biggest shareholders in Hess Corp., is planning to abstain from voting on the oil company’s $53 billion takeover by Chevron Corp.Global Chips Battle Intensifies With $81 Billion Subsidy Surge

HBK has economic interests in more than 8 million shares of Hess, Panagiotopoulos said. That likely makes the fund Hess’s fourth-biggest holder, according to data compiled by Bloomberg. HBK Capital Management manages more than $7 billion in assets. Warren Buffett's selling stocks like Apple as he sees trouble ahead — but he'll spend if markets crash: elite strategist

Nvidia stock is still tops for aJefferies analyst with a little more than a week to go before the chip titan reports earnings. “We believe it’s too early to sift out winners and losers in the AI basket yet, but Nvidia is our favorite,” wrote Jefferies analyst Blayne Curtis in a Sunday research note. “Nvidia maintains control over the entire ecosystem and is taking more pieces of the pie,” he said.

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