Learn all about finances in next to no time with our weekly newsletter. As an investor, you should look forward, too – but instead of reacting, the best response is to stay the twtr stock price course and keep investing. Binance Backs Elon Musk’s Deal to Take Twitter PrivateThe world’s biggest cryptocurrency exchange is backing Elon Musk’s bid to take Twitter private.
Occidental reported first-quarter earnings of $2.12 per share on revenue of $8.53 billion. Analysts DotBig had expected a profit of $2.03 per share on revenue of $8.08 billion, according to Refinitiv.
Krispy Kreme — The doughnut stock jumped 3.8% after a better-than-expected first quarter. https://corporatefinanceinstitute.com/resources/careers/companies/top-banks-in-the-usa/ Krispy Kreme reported adjusted per-share earnings of 8 cents on $373 million of revenue.
Get unlimited access to IBD’s stock idea lists, exclusive ratings and unmatched market analysis. Weekly NFT sales plunge 64% to $505 million amid crypto bear market. Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more. Wet and cool temperatures in key parts of the Midwest have delayed farmers’ planting plans, leaving them days to get crops in twitter stock price today the ground before they start to lose out on a bigger harvest. If they don’t, some grain traders say that already high prices for agricultural commodities could rise even more, with supplies thinning as farmers world-wide grapple with tough weather. Earlier Wednesday, a weekly report from the Energy Information Administration showed a 8.5-million-barrel increase in U.S. crude inventories.
One area of note is housing, which we think will be particularly impacted by the Fed’s actions. We’ve already seen mortgage applications drop as rates have jumped, and we expect the pace of housing-price gains to simmer from the recent boil . The biggest potential catalyst coming into this week was the release of today’s Consumer Price Index. After the sharp selloff of Monday markets tried to stabilize yesterday. Major indices ended mixed, with some outperformance by technology stocks as yields pulled back and helped by the Tepper short cover call.
We help companies raise capital so they can change the world. We think the Fed will have to remain committed to steady rate hikes in coming months to establish credibility in fighting inflation. Not doing so would risk inflation expectations becoming unhinged. We think this will, to a degree, come at the expense https://dotbig.com/markets/stocks/TWTR/ of economic vibrancy and financial-market enthusiasm, but we still see a reasonable case for a "soft landing" scenario. There are notable differences today, but 1994 and 2018 are credible examples of such a scenario. We’re also still seeing supply chain impacts from the pandemic, while consumer demand rises.
Are you getting the critical information you need ahead of the trading day? Our free flagship newsletter, Need to Know, delivers to investors the most important, insightful items required to chart a course ahead. U.S. stocks end lower Wednesday, after U.S. inflation last month slowed less than expected. https://dotbig.com/ Electronic Arts — The video game publisher’s shares jumped 8% after the company posted its recent earnings and announced it will end its partnership with FIFA. MoffettNathanson analysts recommended shares of Electronic Arts because of the company’s stable foundation to weather market volatility ahead.