Developing Story
Twitter board to review Musk’s $40B+ offer today
Twitter will evaluate what Elon Musk calls his ‘best and final’ offer for the social media giant. Musk will also participate in a Ted Talk around 11am ET which will be covered here by FOX Business…
Breaking News
Retail sales, jobless claims rise
Additionally, jobless rose to 185,000 vs. 167,000 in the prior week.
Breaking News
Amazon CEO Andy Jassy delivers first letter to shareholders
After taking over for Amazon founder Jeff Bezos, Andy Jassy lays out the priorities for the retail giant going forward including acquisitions, hiring and when to let go of underperforming ventures.
Breaking News
Elon Musk offers to buy Twitter, take it private
Symbol | Price | Change | %Change |
---|---|---|---|
TSLA | $1,022.37 | +35.42 | +3.59% |
Tesla CEO Elon Musk offered to buy Twitter for $54.20 per share and take the social media
company private.
Musk said in a filing with the Securities and Exchange Commission that it is his “best and final offer,” and that if it was not accepted he’d have to reconsider his position as a shareholder.
Read the full story: Elon Musk offers to buy Twitter, take it private
Stock futures trade cautiously ahead of bank earnings, economic data
U.S. equity futures traded mixed Thursday morning ahead of a slew of bank earnings reports. First-quarter earnings are due from Citigroup, Wells Fargo, Morgan Stanley, and Dow member Goldman Sachs. Continue reading
Oil pares gains, crude trades around $102 per barrel
Oil futures traded lower Thursday morning as traders weighed a larger-than-expected build in U.S. oil inventories against tightening global supply. Continue reading
Bitcoin trades above $40,000, snaps two-day slide
Bitcoin traded above $40,000, following a day of gains after snapping a two-day losing streak and trading lower in eight of the last nine days. Continue reading
Gold set for weekly gain
Gold was lower on Thursday, but prices were heading for a second consecutive weekly gain. The Ukraine crisis and broadening inflationary pressures lifted the metal’s appeal. U.S. gold futures were at $1,987. The metal has gained about 1.7% so far in the week, according to Reuters. Markets will be closed for Good Friday.
Gas prices continue to slide
The average price for a gallon of gasoline
in the U.S. slipped on Thursday to $4.074, according to the latest numbers from AAA. The price on Wednesday was $4.083. The previous record high was $4.33, set on Friday March 11, 2022.