Twitter’s twist, stocks wrap volatile week, bitcoin’s bounce: LIVE UPDATES


    Symbol Price Change %Change
    TWTR $45.08 -1.01 -2.19%

    Twitter shares fell after Elon Musk said in a tweet that a deal for the company
    was temporarily on hold.

    “Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” Musk wrote.

    Developing Story

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    11749.031572

    Symbol Price Change %Change
    WYNN $64.75 +6.19 +10.57%
    BIDU $107.88 +1.79 +1.69%
    NVDA $161.75 -4.55 -2.74%
    TRIP $22.81 -0.03 -0.13%

    Bitcoin rebounds

    Cryptocurrencies, led by bitcoin, were rebounding Friday morning after a rocky week. Bitcoin snapped a seven-session losing streak after hitting a 16-month low of around $25,400 on Thursday. Bitcoin is off more than 25% month-to-date and down more than 38% year-to-date.

    Futures at a glance

    U.S. equity futures
    are higher on Friday morning following losses this week caused by inflation reports and recession concerns.

    Twitter shares are down 14% in premarket trading after Elon Musk said in a tweet that a deal for the company was “temporarily on hold.

    Meanwhile, oil prices were higher, with West Texas Intermediate futures trading at about $107.80 a barrel and Brent crude futures trading at around $109 per barrel.

    Stock futures gain, shrugging off recent inflation reports

    U.S. equity futures are poised for a rebound following losses this week brought on by recent inflation reports and recession concerns. Continue reading

    How your driving behavior impacts costs at the pump

    Record high gas prices have created stress for motorists across the nation, and many experts expect prices to remain elevated in the near future as demand for summer travel heats up. Continue reading

    Gasoline hits record high

    The average price for a gallon of gasoline
     in the U.S. rose to a record Friday morning to $4.432, according to the latest numbers from AAA. The price on Thursday was $4.418. 

    Oil rises amid fears of demand slowdown

    Oil traded higher Friday morning, despite heading for the first weekly loss in three weeks. U.S. West Texas Intermediate crude futures climbed to around $106 per barrel. Brent crude futures were around $108 per barrel. Both benchmark contracts were on track to post declines for the week.





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