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Elon Musk’s claims factually inaccurate, legally insufficient: Twitter

Twitter has filed a detailed response to Tesla CEO Elon Musk’s countersuit against the micro-blogging platform, saying his claims are ‘factually inaccurate, legally insufficient, and commercially irrelevant’. According to Musk, he was hoodwinked by Twitter into signing a $44 billion merger agreement. ‘That story is… Read More »Elon Musk’s claims factually inaccurate, legally insufficient: Twitter

Stock futures slip as US-China tensions simmer over Pelosi’s expected trip to Taiwan

Caterpillar drops after reporting earnings Caterpillar shares slid more than 1% after the industrial giant posted mixed quarterly results. The company earned $3.18 per share, beating a Refinitiv consensus forecast of $3.01 per share. However, Caterpillar’s revenue of $14.25 billion was just below an estimate… Read More »Stock futures slip as US-China tensions simmer over Pelosi’s expected trip to Taiwan