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Twitter, Inc. News

Tesla Stock Gains As Musk Closes Twitter Margin Loan; Jefferies Cuts Price Target

"We are clearly witnessing an uncomfortable pile up of negative news (for Tesla) from ratings to polarizing political opinions and ethical questions," said Jefferies analyst Philippe Houchois.

Stock Market Today - 5/26: Stocks Close Firmly Higher On Fed Minutes 'Pause' Hint; Q1 GDP Revised Lower

The Fed's suggestion of an autumn pause in rate hikes has stocks on the move Thursday, but growth concerns are keeping bond yields low while adding a degree of caution to the early market rally.

Twitter Stock Leaps As Elon Musk Adds More Equity To $44 Billion Takeover Bid, Closes Tesla Margin Loan

Elon Musk has closed out his margin loans, linked to Tesla shares, and pledged another $6.25 billion in equity to fund his $44 billion takeover of the social media website.

Stock Futures Higher, Nvidia, Twitter, Apple and Snowflake In Focus- 5 Things You Must Know

Stock futures higher on Fed minutes follow-through; Nivida slumps as muted gaming outlook clouds solid Q1 earnings; Twitter leaps as Elon Musk adds more equity to takeover bid; Apple slides on report of flat iPhone production for 2022 and Snowflake slumps after Q1 customer growth, margins disappoint

Breaking News

Costco Beats Q3 Sales Forecast, Membership Revenues Near $1 Billion

Costco took in $984 million in new membership fee in its fiscal third quarter, helping the bulk retailer top Street forecasts for topline revenues.

Gap Stock Plummets On Wider Q1 Loss, Grim Profit Outlook As Shoppers Shun Casual Apparel

"Supply chain challenges and persistent delays significantly limited the brand's responsive abilities" to changing consumer trends, CEO Sonia Syngal told investors Thursday.

Big Lots Stock Crumbles After Surprise Q1 Loss As Inflation, Gas Price Surge Bites Spending

"We believe the slowdown was caused by the spending pressure our consumers felt from higher gas prices and broader inflation," said CEO Bruce Thorn.

Broadcom Agrees to Buy VMware in $61 Billion Cash-and-Stock Cloud Software Deal

"Combining our assets and talented team with Broadcom's existing enterprise software portfolio creates a remarkable enterprise software player," said VMware CEO Raghu Raghuram.