Elon Musk says his deal to buy Twitter is on hold

Elon Musk said he is putting his bid to acquire Twitter on hold, weeks after agreeing to take the company private in a $44 billion deal.

News: What you need to know about the markets     Elon Musk says his deal to buy Twitter is on hold Elon Musk said he is putting his bid to acquire Twitter on hold, weeks after agreeing to take the company private in a $44 billion deal. Read more »   Robinhood soars after 30-year old crypto billionaire takes stake It's been a brutal year for Robinhood. The twin plunges of stocks and bitcoin have crushed the online brokerage's sales. The company also reported a loss and drop in users. The stock has plummeted 40% this year and Robinhood recently announced a big round of layoffs. Read more »   Consumers are feeling worse about the economy again Americans are feeling worse about the state of the economy again and it's all because of rampant inflation. Read more »   War-fueled food inflation will cause social unrest, UN official says A perfect storm of war, extreme weather and Covid-19 will drive global food prices to levels that will cause social unrest in some parts of the world, according to David Beasley, head of the United Nations World Food Programme. Read more »   The startup world is due for a reckoning When WeWork, the once high-flying office space company, was forced to call off its Wall Street debut in late 2019, it was seen as a mea culpa for the startup world. Read more »   China's currency just had its worst month ever. It's still dropping The Chinese currency is declining rapidly as the world's second largest economy falters under the weight of Covid restrictions. Read more »

Dow Nasdaq S&P +466.36   +434.04   +93.81 32,196.66   11,805.00   4,023.89 +1.47%   +3.82%   +2.39% YTD -11.40%   YTD -24.54%   YTD -15.57%

Biggest Winners Las Vegas Sands Corp +15.06%   Norwegian Cruise Line Holdings Ltd +9.82%   Ceridian HCM Holding Inc +8.61%   Ford Motor Co +8.52% Biggest Losers Twitter Inc -9.67%   DaVita Inc -2.91%   Westrock Co -2.63%   Nielsen Holdings PLC -1.99%

Hottest ETF NYSE Market Volume

Key Market Stats Latest Today's Change Oil $110.11 +3.98 / +3.75% Gold $1,810.90 -13.70 / -0.75% 10-yr 2.94% +0.12 Euro $1.04 +0.00 / +0.28%

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