Power Breakfast: US stocks jump at the close as Elon Musk reaches deal to buy Twitter
Zee Business Video Team | Updated: April 26, 2022 09:30 AM IST
Elon Musk, the world's richest man, has finally captured Twitter. Musk had been trying to make Twitter his own for some time, which has finally been completed. He has finalized this deal with Twitter for 44 billion US dollars. Meanwhile, with a spectacular recovery in the US market, Dow climbed 240 points and closed at the high of the day. The Dow corrected over 700 points at the day's lows. Following Elon Musk's announcement, Twitter share rose by 5%. On the other hand, the market mood improved with a strong rise in the IT stocks. Today the results of Alphabet Microsoft will come.
