- Tesla stock fell 11% on Tuesday as investors scrambled with Elon Musk for Twitter acquisition and increased EV competition.
- Musk uses most of his Tesla stake as collateral to finance the $ 44 billion acquisition on social media.
- Meanwhile, Ford said it was facing a strong demand for its F-150 and that it plans to produce 150,000 units by 2023.
Why Elon Musk Just Bought Twitter
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On Monday, Elon Musk bought Twitter for $ 44 billion. Musk, C.E.O. of Tesla, the world's richest man, plans to take over a private communications company, and says he wants Twitter to be more...
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Tesla stock fell 11% on Tuesday as investors scrambled with Elon Musk for Twitter acquisition and increased EV competition. Musk uses most of his Tesla stake as collateral to finance the $ 44 billion acquisition on social media. Meanwhile, Ford said it was facing a strong demand for its F-150 and that it plans to produce 150,000 units by 2023. Tesla&#...
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Twitter has announced that it welcomes Elon Musk's $ 44 billion promise to buy on Monday. Jeff Bezos took to Twitter to ask if Tesla's business dealings in China would empower the company. Twitter has been banned in China since June 2009 as part of the country's "Great Firewa...
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Stocks of major US stocks, including Amazon.com, Inc. they trade less amidst general market weakness as the perception of Fed rates and economic concerns undermine market sentiment. U.S. references all of them are also trading lower on a continuing weakness following Federal Reserve Chairman Powell's suggestion that the rate hike ...
Stock market news live updates: Stocks fall sharply ahead of Big Tech earnings
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U.S. stocks plummeted Tuesday, the fastest-growing stock market this month after a short break on Monday when stocks plummeted. Investors are looking forward to the next big tech boom in the coming days, with reports from Microsoft (MSFT) and Alphabet (GOOGL) coming out of the ring. The
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The Dow Jones Industrial Average fought until Monday as technology shares grew. Twitter (TWTR) exploded as Tesla CEO (TSLA) Elon Musk made a deal to acquire TWTR for 54.20 shares. On the contrary, the Donald Trump SPAC Digital World Acquisition (DWAC) exploded. ...
Why semiconductor stocks are ‘almost uninvestable’ despite record earnings amid a global shortage
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Wall Street feared a repeat of 2018, when a huge demand for semiconductors suddenly disappeared and created a flood of supplies. Semiconductor sales exceeded half a billion dollars by the 2021 record and current sales are about 2022 as global shortages continue, however chip shares have lost about a quarter of their value this year and one analyst calls the sector "almost impractical." PHLX Semiconductor Index SOX, which reached a record h...
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Dow Jones Storms Off Lows After 488-Point Drop; Microsoft Rises Ahead Of Earnings, Elon Musk Secures Deal For Twitter The Dow Jones Industrial Average turned out to be good for Monday afternoon trading with the Nasdaq combination. Johnson & Johnson (JNJ), American Express (AXP) and Microsoft (
Will New Twitter Bring Donald Trump Back Online?
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A millionaire who does not like the rules of free speech may accept a previously suspended account. Elon Musk's courtship on Twitter is very similar to the billionaire himself: Brusque, confusing, full of changes and finally taken seriously by the great tech community who originally wrote his contribution as a dream. That Musk would like to buy Twitter is almost as shocking as Twitter might sell, and the effect of the news cycle surrounding an...
Elon Musk Wins Twitter Takeover Battle With $44 Billion 'Take Private' Offer
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"Twitter has great potential - I look forward to working with the company and the user community to open it," Elon Musk said in a statement.
Defense Stocks Fall Ahead Of Big Earnings Week, But Military Spending Hits Milestone
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Raytheon Technologies (RTX) and several defense companies are preparing to make huge profits a week after military spending reached a milestone, as the Russia-Ukraine war continues. Raytheon stock launched a sell signal on Monday. Stocks are declining sharply during a wide range of sales as Covid closures in China are extended to parts of Beijing. Global military spending reached $ 2.11 trillion f...
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The futures of the stock are declining in China Covid concerns, betting rate; Previous Week: focus, inflation and GDP; Twitter shared top report on take-up interviews with Elon Musk; Tesla's shares are slippery as Shanghai expands Covid's shutout, Beijing orders testing and AT&T shares rise higher in Goldman's 'buy' rating. Here are five things you should know about Monday, April 25: 1. - Stock Futures Slump On China Covid ...
Exclusive-Twitter set to accept Musk's $43 billion offer - sources
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Twitter Inc is set to approve the sale of Elon Musk for an estimated $ 43 billion, a price that Tesla CEO called "the best and last thing" of the communications company, people familiar with the matter say. Twitter may announce a $ 54.20-per-share deal later Monday when its board convenes to recommend a transaction to Twitter shareholders, sources said, adding that it is still possible that the deal c...
Jack Dorsey Follows Elon Musk in Dropping CEO Title (For Something Ridiculous)
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It is becoming increasingly difficult to know what to call management these days. Twitter's (TWTR) - The destiny report may be hanging in the balance. The world is likely to look forward to an unprecedented conflict between East and West. But for hipster executives atop notable companies, the important thing is to have the right job title. ...
Tesla's Elon Musk Turns on Bill Gates Over Tesla Short
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Tesla CEO questions Microsoft's founder commitment to the environment. Tesla (TSLA) - CEO Elon Musk thinks he is saving the world with his car power and solar energy efforts (and he probably did just that). Microsoft Founder (MSFT) - Bill Gates following the usual method of helping the community. His foundatio...
Elon Musk Bid For Twitter Gets Political As Lawmakers Demand Records
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Will the agreement be violated by lawbreakers growing up to be aggressive? Elon Musk's bid to find Twitter reached a new peak on April 22, when Republican lawmakers said they wanted the company to keep all records related to its billion-dollar acquisition of technology. Musk donated $ 46.5 billion to Twitter, of ...
Will Musk defy his critics again in Twitter battle
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It was a recent show of contempt that helped to illustrate Elon Musk's relationship with his skeptics. Despite skeptical comments criticizing his attempts to buy Twitter, the world's richest man appeared on Thursday with an ace in his wallet. Musk has unveiled a $ 46bn (£ 35bn) financial package to fund his social media platform project, with a deal that marks one of the lar...
Twitter, Stripe pilot cryptocurrency payments for creators
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Twitter Inc. and digital payment processor Stripe Inc will review cryptocurrency payments for selected users of monetized site-monetized products, the companies announced on Friday. Eligible users of Twitter's Ticketed Spaces and Super Follows programs will be able to derive their profits from the company in USD, a strong currency whose value is linked to the U.S. dollar. ...
BofA: Outflow from Stock Funds 'Just Starting'
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U.S. stocks received a $ 19 billion released last week on April 20, the largest since December. Shares have worked hard so far this year, with the S&P 500 losing 10%. Comments from US Bank executives indicate additional potential losses along the way. Global equity funds saw a $ 17.5 billion exit last week on April 20, the worst week of the year, accor...
Musk says he has secured $46.5 billion in funding for Twitter bid
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Elon Musk on Thursday said he had put $ 46.5 billion in debt and financing to buy Twitter Inc and was considering taking his direct contribution to shareholders, exhibitors and American regulators. Musk himself has pledged $ 33.5 billion, which will include $ 21 billion and $ 12.5 billion in loans from some of his Tesla Inc shares to fund the project. He is the chief executive of Tesla's electric car maker. Musk, the richest man in the world, ...
Pandemic darling stocks Netflix, Peloton, Zoom, and DocuSign face reckoning
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Netflix (NFLX), Zoom (ZM), Peloton (PTON) and DocuSign (DOCU), are some of the lowest Nasdaq 100 players a year to date. The epidemic of so-called home equity stocks has skyrocketed. All of these words ha...
Forget CNN+, These Are 5 of the Biggest Business Fails
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R.I.P. in New Coke, Windows 8, and more Following the shocking announcement on April 21 that CNN + will only be shut down for 29 days after its first launch, many people are wondering where it went wrong. And while opinions may vary, from the crowded media market to the flood of unwanted content, there is a great deal of disappointment at seeing the company invest so much in the launch to see it fa...
5 Dow Jones Stocks To Buy And Watch In April: Apple Jumps
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The Dow Jones Industrial Average ended March sharply in its decline in February. The best Dow Jones stocks to buy and watch in April are American Express (AXP), Apple (AAPL), Caterpillar (CAT), Chevron (CVX) and Microsoft (MSFT). There are clear winners - and loser...
Even Uber Pays Better Than Apple
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You would think that Apple (AAPL), a S&P 500 company that is expected to make more than $ 23 billion in the first quarter, pays higher wages. No. It turns out that the world's most valuable and lucrative company pays its average employee less than the other information technology companies in the top 10
