Elon Musk’s deal to buy Twitter leaves many key questions unanswered
Elon Musk has agreed to buy Twitter for about $44 billion. Beyond that, all the key details about the future of the company remain unknown.
Financial News
Macron beats far-right rival Le Pen in French presidential election
Macron’s win makes him the first French president in two decades to win a second term.
Dow plunges more than 900 points for its worst day since 2020, falls for a fourth straight week
Stocks sank on Friday as investors digested disappointing earnings and rising rates, sending the Dow Jones Industrial Average to its worst day since 2020.
It’s the French election this weekend — here’s what Wall Street expects to happen
The outcome is far from certain, according to Wall Street, which is predicting potential market shocks in the case of a Le Pen victory.
Powell says taming inflation ‘absolutely essential,’ and a 50 basis point hike possible for May
Federal Reserve Chairman Jerome Powell on Thursday affirmed the central bank’s determination to bring inflation down.
Tesla revenues grow 81% from last year
Tesla reported earnings after the bell. Here are the results.
Netflix shares crater 25% after company reports it lost subscribers for the first time in more than 10 years
It’s the first time the streamer has reported a subscriber loss in more than a decade.
Stocks fall slightly on Monday as investors brace for earnings reports, impact from higher rates
Earnings season is set to ramp up this week and investors will be paying close attention to forward guidance.
China’s Covid policy locks down a city three times the size of New York
China’s latest wave of Covid restrictions have forced millions of people to stay home and undergo mass virus testing in the metropolis of Shanghai.
Twitter board adopts ‘poison pill’ after Musk’s $43 billion bid to buy company
The board voted unanimously to adopt the plan.