Oct 28 (Reuters) – Mere hours after Elon Musk kicked off a new era at Twitter Inc, the billionaire owner was deluged with pleas and demands from banned account holders and world leaders. The flood of requests underscore the challenge the CEO of electric car maker Tesla Inc (TSLA.O) faces, balancing a promise to restore …
Elon Musk manages free speech versus ‘hellscape’ at Twitter Read More »
NEW YORK, Oct 28 (Reuters) – A bounce in US stocks that has defied a barrage of major earnings disappointments faces a key test in the coming week, when the Federal Reserve’s next meeting could shed light on how long it will stick to the aggressive monetary policies that have crippled asset prices in 2022. …
Wall St Week Ahead Hopeful US stock rally set for date with Federal Reserve reality Read More »
Musk says the “bird is free” after the $44 billion deal Musk fires Twitter CEO, CFO, policy chief Some Twitter users flag willingness to walk away Poll shows employee job concerns EU warns: “This bird will fly by our rules” Oct 28 (Reuters) – Elon Musk has taken ownership of Twitter Inc (TWTR.N) with brutal …
Musk begins his Twitter ownership with firings, declares the ‘bird is free’ Read More »
Oct 27 (Reuters) – Apple Inc (AAPL.O) on Thursday reported revenue and profit that topped Wall Street targets, one of the few bright spots in a tech sector battered by spending cutbacks due to inflation. The forecast for the holiday quarter was more grim. While not providing specific numbers, Apple said revenue growth would fall …
Oct 25 – Tesla Inc (TSLA.O) is under criminal investigation in the United States over claims that the company’s electric vehicles can drive themselves, three people familiar with the matter said. The US Department of Justice launched the previously undisclosed probe last year following more than a dozen crashes, some of them fatal, involving Tesla’s …
Exclusive: Tesla faces US criminal probe over self-driving claims Read More »
Investment cut comparable to 2008-09 financial crisis Q3 profit plunges 60%, misses estimates Inflation, gloomy economic outlook weigh on demand SEOUL, Oct 26 (Reuters) – South Korea’s SK Hynix Inc (000660.KS) warned on Wednesday of an “unprecedented deterioration” in memory chip demand, deepening fears of global recession, and said it would slash investment after quarterly …
In ‘unprecedented’ global chip slump, SK Hynix to halve investment as recession looms Read More »
Oct 25 (Reuters) – “Is Twitter dying?” billionaire Elon Musk mused in April, five days before offering to buy the social media platform. The reality, according to internal Twitter (TWTR.N) research seen by Reuters, goes far beyond the handful of examples of celebrities ghosting their own accounts. Twitter is struggling to keep its most active …
Exclusive: Twitter is losing its most active users, internal documents show Read More »
https://tmsnrt.rs/2zpUAr4 Dollar buffeted vs yen by suspected BOJ intervention Shares pare early gains as China markets ease China GDP beats forecasts but retail sales disappoint Stg flat as Boris Johnson bows out of PM race SYDNEY, Oct 24 (Reuters) – The US dollar weathered another suspected blast of Japanese intervention to push higher on the …
Dollar absorbs suspected yen intervention, China data mixed Read More »
Some Fed officials show desire to slow down hikes -WSJ Twitter, Meta fall after Snap’s ad warning AmEx, Verizon Communications fall after earnings Dow up 2.47%, S&P 500 up 2.37%, Nasdaq up 2.31% NEW YORK, Oct 21 (Reuters) – US stocks surged to close out the trading week on Friday after a report said the …
Wall Street ends higher as hopes for less aggressive Fed growth Read More »
IBM up as it sees higher full-year sales Tesla expects to miss the vehicle delivery target this year AT&T raises annual profit forecast Dow down 0.3%, S&P 500 down 0.80%, Nasdaq down 0.61% NEW YORK, Oct 20 (Reuters) – US stocks closed lower on Thursday as data on the labor market and comments from a …
Wall Street ends lower as Fed worries outweigh earnings Read More »
