Twitter takeover deal is looking more remote
Elon Musk's takeover of Twitter (TWTR.us) cannot proceed until the company provides proof that the number of fake or spam accounts makes up less than 5% of total accounts.
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Elon Musk's takeover of Twitter (TWTR.us) cannot proceed until the company provides proof that the number of fake or spam accounts makes up less than 5% of total accounts.
Dow breaks out of short-term continuation pattern ahead of cash open.
The S&P 500 is rallying pre-cash open. However, key levels above suggest caution still needs to be exercised.
The Walt Disney Company reported strong financial results for fiscal Q2 2022 on Wednesday, with an addition of 7.9 million users in Disney+ and a profit for its Parks (DPEP) segment
What Is An Inverted Yield Curve? An inverted yield curve is a situation in which yields on shorter-term U.S. Treasury securities are higher than on longer-term bonds, a reverse of the traditional state of affairs, where yields are higher the longer the bond's maturity. Many economists and analysts view an inverted yield curve as a signal that the U.S. economy may be poised to go into recession, because lower yields…
The online crypto exchange released its quarterly report on Tuesday, which showed a steep Revenue decline, in a backdrop of falling cryptocurrency prices
The index is harmed by the Fed’s aggressive tightening path and recent underwhelming tech sector earnings, but rebounds today after hitting the lowest level since November 2020
Stocks are under pressure following the Fed press conference last Wednesday. Fed Chair Powell took 75bps off the table for the next two meetings, and the market is now questioning this, given the rampant inflation.
The Dow Jones Industrial Average (DJI) jumped 2.8% yesterday after Fed Chair Jerome Powell said that the FOMC wasn't actively considering a 75bps hike. Instead, he suggested that 50bps was on the table for the next two meetings. This dovishness came after the Fed delivered a 50bps increase, in line with market expectations. It also clarified its balance sheet reduction, starting with $47.5bn/month in June and increasing over three months…
The US30 is looking fragile ahead of today's cash open.
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