Dow drops 700 points, Nasdaq tumbles on megacap tech earnings

Dow drops 700 points, Nasdaq tumbles on megacap tech earnings

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U.S. stocks were trading sharply lower on Tuesday afternoon, failing to capitalize on the rebound from the previous session, as investors scanned a series of corporate earnings reports and awaited earnings reports expected after the bell. tech giants including Microsoft Corp. and Alphabet Inc., parent company of Google. How are stock market indices changing? The…

WSJ News Exclusive | Twitter is reviewing Elon Musk’s offer and may be more receptive to a deal

WSJ News Exclusive | Twitter is reviewing Elon Musk’s offer and may be more receptive to a deal

Byadmin

Twitter Inc. TWTR 3.93% is revisiting Elon Musk’s $43 billion takeover bid after the billionaire funded the offer, a sign the social media company may be more receptive to a deal. Twitter was expected to reject the offer, which Mr Musk made earlier this month without saying how he would pay for it. But after…