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Elon Musk talks Twitter at TED, follow here: LIVE UPDATES

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Market grapples with inflation, Russia-Ukraine war

Solus Alternative asset management strategist Dan Greenhaus examines the state of the market on "Making Money."

Posted by FOX Business Team
Developing Story

Elon questions Prince Alwaleed --

SymbolPriceChange%Change
TWTR$44.98-0.87-1.90%

Posted by FOX Business Team

Prince Alwaleed bin Talal weighs in on Twitter...

SymbolPriceChange%Change
TWTR$44.92-0.93-2.02%

Posted by FOX Business Team

Mortgage rates reach 5% for first time in over a decade

The average interest rate for America's most common home loan has reached a high not seen in more than 10 years, Freddie Mac said Thursday.

The 30-year fixed-rate mortgage sits at 5%, up from 4.72% last week, according to the mortgage-lending giant's latest weekly Primary Mortgage Market Survey. At this time last year, the average was at 3.04%.

Posted by FOX Business Team

Twitter Inc.
$
45.59

Posted by FOX Business Team

Posted by FOX Business Team
Developing Story

Elon Musk on Twitter offer and free speech

Elon Musk comments...

"I did not have a happy childhood"...read alot of books, watched alot of movies before he began to understand his self

Musk on SNL appearance - first with aspergers to host the weekly comedy show

Musk talks about sustainable energy future, less risk to environment, scale is important..

As Elon built Telsa, he details the automaker was on brink of bankrupty as he lived and slept on the factory floor

If he does not acquire Twitter, there is a "plan b" but declines to elaborate

SymbolPriceChange%Change
TWTR$46.69+0.84+1.83%
TSLA$987.80-34.57-3.38%

Musk says he was strong armed, unlawfully by San Francisco office of the Securities and Exchange Commission regarding the 2018 settlement -

"Funding was secured" he says...

I have sufficient assets/funding to complete transactionMusk "open to ideas" to improve Twitter

Healthy free speech is when someone says something you don't like"

Time outs are better than permanent bans"If a "gray area, let the tweet exist"..

"I don't have all the answers..."The "black box" algorithim is dangerous, promoting some content, not others

"I am not sure I will be able to acquire it"...

Twitter has become the facto "town square"...We need an "inclusive" platform for "free speech" 

Posted by FOX Business Team
Developing Story

WATCH: Elon's Ted Talk

Posted by FOX Business Team
Developing Story

Twitter board to review Musk's $40B+ offer today

Twitter Inc.
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46.74

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...

Posted by FOX Business Team

Peloton raising subscription fees, cutting equipment prices

Peloton announced on Thursday that it's increasing the price of its all-access membership across North America while simultaneously lowering equipment costs.

Starting June 1, the price of the monthly membership fee will increase to $44 from $39 for all U.S. customers and to $55 from $49 in Canada.

This is the first time Peloton has increased the price of its membership in eight years, according to an announcement on the company's website.  

Posted by FOX Business Team

Shareholders would be 'foolish' to decline Musk's offer to buy out Twitter: Luke Lloyd

Strategic Wealth Partners investment strategist analyzes Elon Musk's decision to place an offer to buy all of Twitter for $54.20 a share on 'Cavuto: Coast to Coast.'

Posted by FOX Business Team
Developing Story

Elon Musk's Ted Talk underway

SymbolPriceChange%Change
TWTR$45.72-0.13-0.29%

Musk offered $40+billion for Twitter capping off two weeks of surprises from the world's richest man ahead of his TED Talk underway now....

Posted by FOX Business Team
Breaking News

Amazon CEO Andy Jassy delivers first letter to shareholders

Amazon Com Inc.
$
3,110.82

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.

READ HERE:

Posted by FOX Business Team
Breaking News

Elon Musk offers to buy Twitter, take it private

SymbolPriceChange %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

Posted by FOX Business Team

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

Posted by Ken Martin

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

Posted by Ken Martin

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

Posted by Ken Martin

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.

Posted by Ken Martin

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. 

Posted by Ken Martin

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