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Wall Street
How Elon Musk’s Twitter takeover plans shook Wall Street and social media
Elon Musk wears many hats as Tesla CEO, SpaceX CEO, and founder of the Boring Company and Neuralink.He's also a prolific Twitter user. The news that Musk made a $44 billion offer to buy Twitter and potentially become the social media…
S&P 500 Closes Just Above Bear Market Threshold: Live Updates
Investors are reassessing the premise that justified Tesla’s astronomical stock price and made its founder, Elon Musk, the richest person in the world.Tesla’s $1 trillion valuation made sense only if investors believed the electric car…
Nasdaq jumps 1.3% to lead stock-market bounce as investors take testimony by Federal
U.S. stocks turned higher Tuesday morning, with tech-related shares extending a bounce from the previous session, as investors appeared to take testimony by Federal Reserve Chairman Jerome Powell in stride as they…
China Evergrande shares hit 11-year low after firm says no guarantee it can meet
The China Evergrande Centre building sign is seen in Hong Kong, China, September 23, 2021. REUTERS/Tyrone SiuRegister now for FREE unlimited access to reuters.comRegisterHONG KONG, Dec 6 (Reuters) - Shares of China Evergrande Group…
Positive changes in budget bill to ensure stock market growth
TEHRAN – The government has applied several new changes in the national budget bill for the next Iranian calendar year (begins on March 21, 2022) which according to experts and analysts will ensure the stock market’s stability and growth…
Nasdaq futures are flat after index closes in correction territory
A trader on the floor of the New York Stock Exchange.Getty ImagesU.S. equities futures were little changed Wednesday after another choppy trading session as investors remained cautious amid rising rates and the Nasdaq dipped into…
5 things to know before the stock market opens Friday
Here are the most important news, trends and analysis that investors need to start their trading day:1. Futures fell after weaker-than-expected data on jobs growthTraders work on the floor of the New York Stock Exchange (NYSE) in New…
Virgin Orbit’s Nasdaq listing falls short of fundraising target
Virgin Orbit, Sir Richard Branson’s second space company to reach the stock market, is set to start trading publicly on Thursday after raising less than half of its target of almost $500m.The lacklustre debut on the Nasdaq…
Iran’s top diplomat in Yemen dies of COVID-19
Iranian foreign ministry says Hassan Irloo was transferred to Tehran in a bad state ‘due to the late cooperation of some countries’.Tehran, Iran – Iran’s top diplomat in Yemen, Hassan Irloo, has passed away due to COVID-19, days after…
S.African study offers Omicron hope as countries reimpose curbs
S. African Omicron study suggests reduced risk of severe illnessAustria, Belgium, Czech Republic, Spain consider new curbsMany see booster shots as key to reining in OmicronSouth Korean business groups protest against new curbsJERUSALEM,…