Twitter, Starbucks, Tesla and more

Andrew Burton | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Twitter – The social media company soared 26.6% after a filing revealed that Elon Musk has taken a 9.2% passive stake in the firm, worth about $ 2.9 billion. The purchase came weeks after the Tesla CEO … Read more

Citi raises its forecast for China’s GDP growth

Real estate and related sectors account for at least 25% of China’s economy, according to Moody’s. Costfoto | Future Publishing | Getty Images BEIJING – China’s economy faces so much new pressure from Covid that Beijing may increase stimulus – boosting overall growth, Citi said Thursday. “Given the strong start of the year and the … Read more