stocks Tesla CEO’s 9.2% ownership in TWTR sends Twitter’s stock surging but opens up a basket of questions about the social media platform’s future. One of Twitter’s (TWTR, $39.31) bigger headaches developed into a full-blown migraine Monday after Tesla (TSLA) founder and world’s richest person Elon Musk disclosed a 9.2% stake in Twitter stock. The… Continue reading Musk’s Stake in Twitter Stock: Coup … or Coup d’Etat? | Kiplinger
Nasdaq jumps nearly 2% as investors pivot to risk-on while awaiting news of more sanctions on Russia
Tech stocks emerged as big winners in Monday’s session that kicked off the first full week of trading in April. Elon Musk’s sway in the markets was on display with big moves separately in shares of Twitter and Tesla. Investors were waiting for potential new sanctions on Russia from Europe. Loading Something is loading. US… Continue reading Nasdaq jumps nearly 2% as investors pivot to risk-on while awaiting news of more sanctions on Russia
Russia faces deadline for more than $600 million in bond payments as default fears still loom
Russia faces a deadline for more than $600 million in bond payments that are due Monday. That includes $552 million remaining on a 2022 bond repayment and a coupon payment of $84 million for a 2042 bond. Last week, Russia avoided a default with a $447 million dollar-denominated payment that JPMorgan processed. Loading Something is… Continue reading Russia faces deadline for more than $600 million in bond payments as default fears still loom
The bear market rally in stocks ‘is over’ and investors need to stay defensive as US manufacturing activity slows, Morgan Stanley says
The bear market rally in US stocks is done and the S&P 500 is headed for rough waters, Morgan Stanley said. The ISM’s March manufacturing report “does not bode well for the S&P 500.” The Nasdaq Composite and the S&P 500 have significantly pared this year’s losses. Loading Something is loading. Many US stocks have… Continue reading The bear market rally in stocks ‘is over’ and investors need to stay defensive as US manufacturing activity slows, Morgan Stanley says
Twitter’s stock pop on Musk’s big investment is an overreaction from people who think a sale could be possible, Bernstein says
After Elon Musk disclosed a 9% stake in Twitter, shares of the social media company rallied 25%. Bernstein analysts, however, say the price spike is an overreaction to speculation that Twitter could be sold. “We believe the fundamentals and challenges with Twitter remain broadly the same,” they wrote. Loading Something is loading. Twitter stock’s price… Continue reading Twitter’s stock pop on Musk’s big investment is an overreaction from people who think a sale could be possible, Bernstein says
The UK says it’s ready to regulate stablecoins for payments — and cryptocurrencies like bitcoin are next on its list
The UK will legislate to bring certain stablecoins into its payments system, the Economic Secretary to the Treasury said Monday. John Glen announced the government will legislate stablecoins and enable stablecoin issuers and users to operate in the UK. He said the UK would look at regulating crypto like bitcoin as it aimed to set… Continue reading The UK says it’s ready to regulate stablecoins for payments — and cryptocurrencies like bitcoin are next on its list
The Apple Watch is $70 Off Today Only
Today only, you can save up to $70 on Apple’s flagship smartwatch which has all the bells and whistles you’d expect. You can score an Apple Watch Series 7 for nearly $70 off. Jacob Krol/TheStreet The Arena Media Brands, LLC and respective content providers to this website may receive compensation for some links to products… Continue reading The Apple Watch is $70 Off Today Only
The U.S. yield curve has inverted: What is it telling investors?
Here is a quick primer explaining what a steep, flat or inverted yield curve means Author of the article: Reuters David Randall and Davide Barbuscia and Saqib Iqbal Ahmed The U.S. Treasury building in Washington, D.C. Photo by Samuel Corum/Bloomberg files NEW YORK — The United States Treasury yield curve inverted on Tuesday for the… Continue reading The U.S. yield curve has inverted: What is it telling investors?
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