Elon Musk buys Twitter shares, new Coke flavor 4/4/22

Elon Musk is now the largest shareholder of Twitter. And drone deliveries are finally here.
Good afternoon. Investors are running to tech stocks on the news that Tesla CEO Elon Musk just bought a ton of Twitter shares.

The Dow gained 0.3%, up 103 points to close at 34,921
The Nasdaq was today’s big winner, up almost 2%, gaining 271
The S&P was up 36 points today.

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Twitter shares are up 28% today alone. Musk recently bought 9.2% of the company’s stock. He’s now Twitter’s largest shareholder, with his stake worth $3.5 billion. Musk has 80-million Twitter followers.

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Coke has a new flavor to digest. It’s called “Coca-Cola Zero Sugar Byte.” The company says it’s supposed to taste like pixels. Coke has recently forayed into bold new flavors, including one called Starlight it debuted last month.

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People in Dallas / Fort Worth can soon get deliveries via drone. Alphabet’s drone delivery company, called “Wing”, begins deliveries Thursday. You buy something from a store, an employee loads it onto the drone, and Wing’s “operations team” then pilots the drone remotely to your house.

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From Los Angeles, I’m Brian Martin with your BEONDTV After the Bell report.