Twitter’s board has accepted a roughly $44bn offer to sell the company to Elon Musk, handing control of the influential social media platform to the world’s richest man. Announcing the deal, Musk said “free speech is the bedrock of a functioning democracy” and described the social media platform as “the digital town square where matters
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Municipals were steady to firmer in spots Monday but underperformed U.S. Treasuries that saw yields fall further while equities ended in the black led by tech stocks. Triple-A yield curves saw one to two basis point bumps while UST ended the session four to nine better after falling double-digits earlier in the day. Muni-UST ratios
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Pankaj Nangia | Bloomberg | Getty Images Check out the companies making headlines in extended trading. Cadence Design Systems – Shares of computer software company gained 5% after hours following the company’s quarterly earnings reports. Earnings and revenue for the first quarter both came in above consensus forecasts, according to FactSet. The company also issued
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Anti-Trump demonstrators gather outside of the New York County Supreme Court in New York City, U.S., April 25, 2022.  David Dee Delgado | Reuters A New York judge Monday ordered commercial real-estate services giant Cushman & Wakefield to comply with subpoenas about its appraisals of several Trump Organization properties that are being eyed in a
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The euro was largely stable following a decisive victory for Emmanuel Macron in France’s presidential election, while global equities followed Wall Street lower in the wake of Friday’s sharp sell-off and China’s currency continued to fall as lockdowns weighed on the country’s economic outlook. The euro was off 0.2 per cent at about $1.08 during
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Utah’s top elected officials demanded on Thursday that S&P Global Ratings cease applying environmental, social, and governance (ESG) factors to the state through the use of what they called a politicized rating system based on indeterminate factors.  A letter to S&P signed by Gov. Spencer Cox, Treasurer Marlo Oaks, other state constitutional officeholders, legislative leaders,
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“In this latest in our series of videos introducing technical indicators, we further explore oscillators, explaining why they are called leading indicators, before focussing on the Relative Strength Index (RSI). We demonstrate how to use the RSI, explain how it is calculated and run through the basics of using this momentum oscillator. Test and practice
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Christine Quinn might be best known as a cast member on Netflix’s hit show Selling Sunset, but the L.A.-based real estate maven’s latest role goes beyond traditional real estate. Quinn and her husband, Christian Dumontet, a software engineer, tech entrepreneur and investor, who sold his company Foodler to Grubhub in 2017 for $65 million (bootstrapped
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The U.S.-based company Compass Mining plans to sell $30 million worth of bitcoin mining equipment that’s currently located in Siberia. The decision to sell the mining rigs follows the U.S. government sanctioning the bitcoin mining operation Bitriver and ten subsidiaries. Compass is hoping to offload 12 megawatts of capacity, according to a company executive. Compass
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