Friday, May 13, 2022

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.
CNN Business: Markets Now
 
  Advertisement
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
Hottest ETF
NYSE Market Volume
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%
More Markets Now
 
Watch the live digital show, now every Wednesday 12 p.m.
to 12:15 p.m. ET.
Hi, let us know what you
think of this newsletter!
 
Tell us what you want to read more of... and less of.
Email your tips and feedback to MarketsNow@cnn.com
Sign up for
Reliable Sources
newsletter
  Sign up for
Before the Bell
newsletter
 
 
Tips, thoughts or questions are always welcome at
MarketsNow@cnn.com
 
Want to change how you receive these emails?
You can unsubscribe from this list
 
® © 2022 Cable News Network Inc.
A WarnerMedia Company. All Rights Reserved.
You are receiving this message because you subscribed to
CNN Business's "Markets Now" newsletter.

Our Mailing address is:
Cable News Network, Inc.
1 CNN Center
Atlanta, GA 30303
 
                                                 

No comments:

Post a Comment

BoF VOICES 2024: Alessandro Michele, Nicky Doll and More

Tapestry-Capri Deal Called Off; Burberry's Course Correction; Alexandre Arnault's New Role ADVERTISEMENT WHAT...