US stocks open higher after tough trading week

US stocks opened higher on Friday after a grueling week of losses across the major indexes. The S&P 500 rose 1.1% shortly after the opening bell. The Dow Jones Industrial Average added 259 points, or 0.8%, and the Nasdaq Composite Index added 1.8%. Twitter TWTR -9.46% Shares tumbled 10% after Tesla CEO Elon Musk tweeted … Read more

Musk says the Twitter board has almost no stock. Here’s how it compares with Tesla.

Twitter managers are awarded $225,000 in units of restricted stock, plus at least $50,000 in cash, annually. David Paul Morris/Bloomberg font size Elon Musk asked Twitter Board members concurred with shareholders over the weekend, citing most of the board’s small personal stakes in the social media company. The businessman and richest person in the world … Read more

Dozens of stocks in the Standard & Poor’s 500 index experienced their worst quarter ever, as technology shares plunged in value by nearly $2 trillion.

The stock sale at the start of 2022 led to the worst quarter in history for dozens of S&P 500 stocks, as investors punished pandemic darlings and high-value tech companies, and knocked out nearly $2 trillion from market capitalization. Tech companies received the brunt of the first-quarter sell-off that was felt all over Wall Street, … Read more