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Hyundai Motor: Its global market share rose to 4.9% in the first quarter, up from 4.6%.Hyundai Motor: First-quarter revenue was 45.9 trillion won. First-quarter operating profit was 2.5 trillion won. Hybrid vehicle sales accounted for 17.8% of total sales in the first quarter.April 23rd, Futures News: Economies.com analysts latest view: Spot gold fell in recent intraday trading, testing the $4700 support level, which was our target level set in our previous analysis. This support provided some positive momentum for gold prices, causing a rebound and partially recovering previous losses. This movement reflects that gold prices are attempting to stabilize after recent selling pressure. Despite the rebound, a cautious approach is still necessary, as gold prices remain below the 50-day EMA, which acts as dynamic resistance and limits the possibility of a full-scale recovery. Furthermore, the short-term corrective uptrend line has been broken. Meanwhile, the Relative Strength Index (RSI) continues to release negative signals after entering overbought territory, which may support the possibility of further pullbacks in gold prices in the near future.April 23rd, Futures News: Economies.com analysts latest view: WTI crude oil futures prices have fluctuated significantly in recent intraday trading, having previously touched the resistance level of $95.00, which was also the previously set price target. Due to the strong performance of this resistance level, prices have pulled back to accumulate the momentum needed to challenge it again. Meanwhile, the Relative Strength Index (RSI) shows prices digesting overbought conditions and has formed a negative crossover, explaining the recent brief decline. Nevertheless, prices remain supported by trading above the 50-day EMA, and the previous breakout of the corrective downtrend line also has a positive impact. These factors enhance the possibility of a resumption of the upward trend and an attempt to break through the resistance level.April 23 (Futures News) – Economies.com analysts latest view: Brent crude futures extended their recent gains during intraday trading, rebounding from the key resistance level of $100.00, which was previously considered an important price target. This move reflects the markets attempt to alleviate the clearly overbought conditions indicated by the Relative Strength Index (RSI), especially against the backdrop of initial bearish signals. Despite signs of cooling in the short term, prices remain supported by short-term bullish structures, including a descending wedge pattern and continued trading above the 50-day EMA. This further strengthens the overall positive bias and supports the potential for Brent crude futures to continue rising in the near term.

Twitter Shares Fall as Musk's $44 Billion Take-Private Deal Faces "Serious Danger"

Charlie Brooks

Jul 08, 2022 11:08


During Thursday's after-hours trade, it was reported that Twitter's $44 billion take-private plan with Elon Musk is in "serious danger" as a result of Musk's decision to pull back fundraising efforts owing to continuous worries over spam accounts.


After-hours trading for Twitter Inc (NYSE:TWTR) declined by more than 3 percent following the news.d


According to unnamed sources cited by the Washington Post, Musk and his team suspended fundraising efforts for the acquisition after concluding that Twitter's data on spam accounts are unverifiable.


Twitter has stated that it deletes over 1 million spam accounts everyday and believes that bot accounts account for less than 5% of its user base. In an attempt to allay Musk's concerns, the social media behemoth has recently disclosed a plethora of data, but Musk's team remains skeptical and believes "they do not have enough information to analyze Twitter's financial prospects," according to a report citing sources.