Twitter has dismissed Elon Musk's claim that he was hoodwinked into signing the $44B deal to buy the social media company, saying that it was "implausible and contrary to fact".
Wall Street stocks fall and record worst first six months since 1970 amid recession fears and Federal Reserve's bid to curb inflation.
S&P 500 gains after US Federal Reserve raises interest rate by three-quarters of a point — largest bump since 1994 — and hints at more rate hikes ahead as it tries to cool off nation's economy without causing a recession.
Wall Street tumbles into what's called a bear market after fears about a fragile economy and rising interest rates sent the S&P 500 more than 20 percent below its record set early this year.
Russian forces in Ukraine appear to have shifted their focus to what Moscow calls the liberation of the contested Donbass region, as the conflict enters its second month.
US assessments on Russia's invasion of Ukraine pushed crude price benchmarks up close to $100 per barrel, which also negatively affected stocks in Wall Street and the S&P.
Founded in 2005 by Steve Huffman and entrepreneur Alexis Ohanian, Reddit was valued at $10 billion in a private fundraising round earlier this year.
Taking cue from Wall Street, which fell 2 percent on Monday, Asian stocks widened their losses amid growing fears that the more transmissible Delta variant would harm the global economic recovery.
Global shares and Asian markets rally after Federal Reserve painted a rosy picture of the US economic outlook, repeating a pledge to stick to its guns with an ultra-low monetary policy.
Swedish music streaming giant routs Wall Street estimates for first-quarter revenue and paid subscribers, recording a net profit of $27.8M as revenue rose by 16 percent year-on-year to $2.6 billion.
The electric car maker beat Wall Street's expectations for first-quarter revenue and profit, boosted by record deliveries, robust demand from China and environmental credit sales.
Cryptocurrency exchange Coinbase made a rousing debut on Wall Street , with shares of the digital currency exchange rising as high as $429, briefly giving it a market value over $100 billion.
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