Monday, April 4, 2022

Elon Musk buys 9.2% stake in Twitter, making him the largest shareholder

Elon Musk recently purchased 9.2% of Twitter stock, according to a filing Monday, making him the largest individual shareholder in the company.
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Elon Musk buys 9.2% stake in Twitter, making him the largest shareholder
Elon Musk recently purchased 9.2% of Twitter stock, according to a filing Monday, making him the largest individual shareholder in the company. Read more »
 
Exxon expects a profit boom thanks to high oil prices. But exiting Russia will come at a cost
It's a tale of two oil trends for ExxonMobil: The company will post a massive profit increase for the first quarter thanks to the oil price spike, but it's bracing to lose money on its planned exit from Russia. Read more »
 
Why Starbucks stopped rewarding its stockholders
Just three weeks ago, Starbucks announced that it had big plans to lavish its shareholders with new rewards. The company said it was reinstating its stock buyback program, touting a $20 billion commitment over the next three years. Read more »
 
Howard Schultz suspends Starbucks' share buyback program
Howard Schultz's first act on his return as Starbucks CEO is to pause the company's share buyback program. Read more »
 
Even rich people may need to rein in spending as the global economy wavers
Are upper middle class and affluent shoppers starting to feel the pinch from higher prices and geopolitical concerns? If so, what does that mean for the rest of American consumers? Read more »
 
London Metal Exchange probed over chaotic nickel market
British financial regulators said on Monday that they would review the way the London Metal Exchange (LME) handled a halt in chaotic nickel trading last month and said the episode underlined questions about the LME's transparency. Read more »
 
 
 
 
Dow Nasdaq S&P
+103.61   +271.05   +36.78
34,921.88   14,532.55   4,582.64
+0.30%   +1.90%   +0.81%
YTD -3.90%   YTD -7.11%   YTD -3.85%
 
Biggest Winners
Twitter Inc +27.12%
 
Generac Holdings Inc +4.79%
 
ServiceNow Inc +4.76%
 
Best Buy Co Inc +4.38%
Biggest Losers
Baxter International Inc -3.96%
 
Everest Re Group Ltd -3.19%
 
Molina Healthcare Inc -3.16%
 
Teleflex Inc -2.89%
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Oil $103.73 +3.45 / +3.44%
Gold $1,936.90 +13.20 / +0.69%
10-yr 2.41% +0.04
Euro $1.10 -0.01 / -0.65%
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