Stock Market Futures Edge Lower Ahead Of Big Tech EarningsU.S. stock futures are in the red ahead of Tuesday’s opening bell. For the most part, this is the case as there are plenty of major data releases on tap. For starters, some of the biggest names in the tech indus
U.S. electric vehicle maker Tesla Inc is welcome to set up shop in India, make cars there for sale and export them, but must not import cars from China, the transport minister said on Tuesday.
HONG KONG (Reuters Breakingviews) - Elon Musk may not be concerned about making money from Twitter. But his $44 billion deal for the social media network has bought what could be a huge political headache.
The small family office that is managing the wealth of the world's richest person and is helping put together the largest-ever acquisition to be carried out by one person is shrouded in secrecy.
NEW YORK (Reuters Breakingviews) - You have to hand it to Elon Musk: He gets things done. Not only did he pull together funding for a $44 billion personal acquisition of Twitter in days, he has persuaded the company to accept his offer in short
Amid a challenging Q1 earnings season, a war in Ukraine, inflation we haven’t seen in 40 years and employment we haven’t seen in more than 50, today’s market news impact zeroes in on one man conducting one transaction: Elon Musk, the richest person in the world, is buying
Elon Musk is buying Twitter (TWTR, $51.70) for $44 billion and taking the social media platform private.Twitter's board of directors accepted the Tesla (TSLA) CEO's offer of $54.20 a share late Monday. Thus marks the likely end to a three-week drama that at times appeared to veer
LONDON (Reuters Breakingviews) - Have Morgan Stanley’s bankers inhaled some of Elon Musk’s favourite herb? That’s one explanation for the debt package they’ve put together to fund the Tesla boss’s proposed Twitter b
Elon Musk clinched a deal to buy Twitter Inc for $44 billion 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.
Wall Street was mixed Monday, with China's COVID-19 outbreaks spooking investors already worried about rising U.S. interest rate hikes, while some high-growth stocks rebounded from recent losses.
The first all-private astronaut team ever flown aboard the International Space Station (ISS) splashed down in the Atlantic off Florida's coast on Monday, completing a two-week science mission hailed as a milestone in commercial spaceflight.
U.S. stock indexes fell on Monday, extending a sharp selloff from last week as fears over China's COVID-19 outbreaks spooked investors already worried about faster U.S. interest rate hikes denting economic growth.
What happened
Tesla (NASDAQ: TSLA) shares are starting the week on a slide, as new concerns arise related to production in Shanghai as well as distractions for CEO Elon Musk. The stock dropped 3% in early trading Monday, but those losses eased as the session progressed. As of 12:
What happened
As of 11:30 a.m. ET Monday, the price of Dogecoin (CRYPTO: DOGE) had risen by roughly 5% over the prior 24 hours as Tesla founder and noted Dogecoin bull Elon Musk pressed ahead in his efforts to purchase social media giant Twitter.
U.S. stock indexes fell on Monday, extending a sharp selloff from last week as fears over China's COVID-19 outbreaks spooked investors already worried about faster U.S. interest rate hikes denting economic growth.
Last week, the European Automobile Manufacturers Association (“ACEA”) released data for passenger car registrations for March 2022. The European Union (EU) passenger vehicle market contracted 20.5% in March to 844,187 units amid chip woes aggravated by the Russia-Ukraine
Last week’s major highlight was the blockbuster quarterly release from Tesla TSLA. Despite severe microchip crisis, the electric vehicle (EV) king posted robust Q1 results, beating estimates for both earnings and revenues. It reported record quarterly revenues and a big j
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