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Finance News

Elon Musk’s bank loans show the divide in American finance
Finance News

Elon Musk’s bank loans show the divide in American finance

Minnie Arwood 3 years ago

As a business make a difference, it is easy to see why banking companies agreed to supply Elon Musk with $25.5bn in financial loans for his Twitter takeover bid. With hundreds of billions of dollars in shares and maybe some cryptocurrency like dogecoin in reserve, the Tesla founder is a […]

Stocks sink as Amazon, Apple shares decline after quarterly reports
Finance News

Stocks sink as Amazon, Apple shares decline after quarterly reports

Minnie Arwood 3 years ago

U.S. stocks dropped Friday and looked to end a volatile month lower, as a fresh set of mixed quarterly results from some major technology companies weighed on index futures. The S&P 500, Dow Jones Industrial Average and Nasdaq Composite each declined. Treasury yields climbed, and the benchmark 10-year yield rose […]

Twitter misses Q1 revenue estimates, posts better than expected user growth
Finance News

Twitter misses Q1 revenue estimates, posts better than expected user growth

Minnie Arwood 3 years ago

Twitter (TWTR) claimed earnings Thursday that missed profits anticipations, but posted much better than predicted person growth, in its first report considering that asserting designs to sell to Tesla (TSLA) CEO Elon Musk for $44 billion. The organization also known as off its prior direction due to the sale. “Provided […]

Here’s why the Fed’s inflation fighting is doomed, per one veteran trader
Finance News

Here’s why the Fed’s inflation fighting is doomed, per one veteran trader

Minnie Arwood 3 years ago

Traders are warming to the point the Federal Reserve is about to toss ice cold drinking water on the warm U.S. financial system where by inflation is surging to four-ten years highs. But regardless of whether the Fed hikes 50 foundation details up coming 7 days — or even a […]

Stocks resume losses ahead of Big Tech earnings
Finance News

Stocks resume losses ahead of Big Tech earnings

Minnie Arwood 3 years ago

U.S. stocks fell Tuesday after markets staged a rebound to end higher in the previous trading session. Investors are looking ahead to a batch of mega cap tech earnings in the coming days, with reports from Microsoft (MSFT) and Alphabet (GOOGL) due out after the bell. The S&P 500 dipped […]

Stocks extend losses as investors weigh hawkish Powell remarks, more corporate earnings
Finance News

Stocks extend losses as investors weigh hawkish Powell remarks, more corporate earnings

Minnie Arwood 3 years ago

U.S. stocks were mostly lower Friday as investors assessed more corporate earnings and hawkish comments from Federal Reserve Chair Jerome Powell that hinted a half-point rate hike was likely next month. The S&P 500 dipped 0.3{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}, on pace to round out a third straight week of losses, while the Dow […]

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