Welcome back to Tilden News Network's daily economic report. This afternoon, Twitter agreed to sell itself to Elon Musk (CEO of SpaceX and Tesla) for approximately $44 billion, leaving one of the world’s richest men in control of one of the most influential social media platforms. Twitter shares finished today about 5.7% higher.
“Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Elon Musk
The S&P 500 - a collection of the top 500 U.S stocks, increased by 0.57% from last Friday. DJIA, NASDAQ, and other major stocks also increased by approximately 1%.
Many things affect the markets from oil prices, The War in Ukraine, and inflation...
Today's Stocks...
NASDAQ: AAPL is up 0.67%+1.09
NASDAQ: MSFT is up 2.44%+6.69
NASDAQ: AMZN is up 1.19%+34.48
NASDAQ: GOOGL is up 2.87%+68.77
NASDAQ: GOOG is also up 3.04%+72.72
Tech companies such as Amazon, Apple, Meta (Facebook), and Microsoft will report quarterly earnings this week. Also, China's covid case rise, Russia's invasion of Ukraine, and other major news could change this week's stock market move. So stay follow TNN news daily.
See you tomorrow!
Sources: Google Finance, CNBC
Credit: Reuters, Getty Images
Note this is not Financial Advice
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