STOCK MARKET NEWS: Dow soars, Salesforce activist target, Microsoft layoffs
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incoming update…Breaking News Dow rockets, Goldman Sachs, Salesforce lead gainsSymbolPriceChange%ChangeGS$306.716.722.24CRM$147.184.963.49
Dow Jones Averages.$30827.94
U.S. stocks rallied for a second straight session, despite recession fears, as investors celebrated more solid earnings from the likes of Goldman Sachs. Salesforce also rose after activist investor Starboard took a stake in the tech giant. The Dow Jones Industrial Average continued its climb above the key 30,000 level. In commodities, oil drifted down to the $84 per barrel level. Posted by FOX Business Staff ShareThe latest in the Twitter-Elon Musk sagaTECHNOLOGYElon Musk tells Dave Portnoy he has plan to address number of Twitter botsElon Musk told Dave Portnoy on Monday he has a plan to address the high number of bots on Twitter. Musk intends to purchase the social media platform.
Twitter Inc.$50.74
Tesla and SpaceX founder Elon Musk said he has a plan to tackle the high number of spam robots or “bots” on Twitter, as he intends to purchase the social media company. Posted by FOX Business Staff SharePOLITICSGovernment data proves corporate greed isnt causing inflation, contrary to Dem claims: economists Data from the Biden administrations shows “corporate greed” is not the main cause of inflation and that companies are sparing customers from some price hikes.
The inflation blame game is raging but a deep dive into the data tells us that U.S. corporations are trying to ease the burden of high costs.Posted by FOX Business Staff Share
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