Futures fall with investors wary ahead of earnings
U.S. stock index futures fell on Monday, bracing for the start of the earnings season which could see profits come under pressure at a time of growing fears of an economic downturn due to aggressive interest rate hikes.
Musk gets Twitter for $44 billion, to cheers and fears of ‘free speech’ plan
Elon Musk clinched a deal to buy Twitter Inc (TWTR.N) for $44 billion cash on Monday in a transaction that will shift control of the social media platform populated by millions of users and global leaders to the world’s richest person.
Twitter, under shareholder pressure, begins deal talks with Musk
Twitter Inc (TWTR.N) kicked off deal negotiations with Elon Musk on Sunday after he wooed many of the social media company’s shareholders with financing details on his $43 billion acquisition offer, people familiar with the matter said.
Amazon delays office return until January as COVID-19 cases surge
Amazon.com Inc (AMZN.O) on Thursday said it would not expect U.S. corporate employees to return to the office until next year because of the coronavirus pandemic.
Robinhood shares surge 50%, as investors scoop up ‘the meme of memes’
Shares of Robinhood Markets Inc (HOOD.O)rose more than 50% on Wednesday during a wild trading session as investors scooped up shares after its underwhelming stock market debut last week.
Bitcoin leaps 12% to test recent peaks, ether hits 3-week high
Cryptocurrencies popped to the top of recent ranges on Monday as short sellers bailed out in the wake of a strong week and while traders hoped a handful of positive comments from influential investors might signal a turnaround in fragile sentiment.
EXCLUSIVE Weibo chairman and state firm plan to take China’s Twitter private -sources
Weibo Corp (WB.O) Chairman Charles Chao and a state investor are in talks to take the Nasdaq-listed Chinese social media company private in a deal that could value it at $20 billion-plus, sources close to the matter told Reuters.
Asian shares pressured by fears over Delta virus variant, U.S. data in focus
Asian shares edged lower on Tuesday on concerns new coronavirus outbreaks in the region could undercut an economic recovery even as robust momentum in the United States prompts the Federal Reserve to contemplate a quicker exit from accommodative policy.
Tech stock rally sends S&P 500 and Nasdaq to record highs
The Nasdaq and S&P 500 hit all-time highs on Monday, fueled by tech stocks as investors expect a robust earnings season while interest rates remain low.
