LIVE STOCK MARKET NEWS UPDATES: STOCKS SLUMP AS EARNINGS SEASON APPROACHES. U nited states equities fell sharply on Monday, followed by significant losses in technology firms, as investors braced for the start of earnings season and the release of new inflation data later this week. As of 12:41 p.m. ET, the Nasdaq Composite was down 1.8 percent, while the S&P 500 was down 0.9 percent. The Dow Jones Industrial Average dropped 94 points, or 0.3%. The developments come after a positive week for stocks in which all three indices gained weekly. notwithstanding the fact that after the employment report for Friday . Meanwhile, the euro fell once again. Monday, decreasing in value relative to the US dollar . The euro fell as much as 1.3 percent to $1.0057, its lowest level in two decades, as investors worried about an oil crisis sending Europe's economy into recession. On the go: § Needham & Company analyst Laura Martin downgraded Meta P...
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TECH Elon Musk faces a long legal war with Twitter, which has the upper hand KEY POINTS Elon Musk on Friday moved to break off his agreement to buy Twitter. Bret Taylor, Twitter’s chairman, said he intends to see the deal through and said the company plans to take legal action against Musk. If Twitter files a lawsuit against Musk, the parties are likely to face a long legal battle ahead. Billionaire Elon Musk on Friday moved to back out of his $44 billion deal to buy Twitter , citing continued disagreements over the number of spam accounts on the platform. While Musk may want to end his bid for Twitter, it’s not as easy as just walking away, according to legal experts. Instead, Musk likely faces a long battle ahead with Twitter in court that could take many months to resolve. Twitter’s board is in a very difficult position, said Ann Lipton, a professor of corporate governance at Tulane Law School. “They can’t just say, ’Alright, let’s spare us the pain, Elon we’ll let...
BLACKLIST UPDATE
'The Blacklist' Sneak Peek: Aram Is Conflicted About Alina's Personal Request Aram is in the midst of doing the team's performance reviews, and Alina pleads with Aram to not mention her headaches in this EXCLUSIVE preview of 'The Blacklist.' Alina visits Aram's office as he is assessing the performance of each team member. She inquires as to whether Aram has completed her performance evaluation. When she asks Aram about it, she becomes irritated. "Because if you haven't already, I was hoping to speak with you first." "You know, give me an update on my condition before you report it to Main Justice," Alina says in this EXCLUSIVE teaser of The Blacklist's April 29 episode. Aram replies that he was gearing up to ask her about her headaches. Alina quickly tells him that her headaches are much better now. He may not even have to “mention them” at all. Alina stresses that her headaches are “nothing like before.” Something has to trigg...
