What will Elon actually do if he buys Twitter?

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2 • 372 Ratings

🗓️ 25 April 2022

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Every Monday, Grace and Alex scour the news and record notes on what’s going on to kick off the week. Stocks are down, and cryptos not looking too impressive as the world gears up for a packed week of mega-tech earnings. The Twitter-Elon Musk deal could happen soon? As soon as today? It appears that after Musk dropped a filing indicating that he actually had the funds to buy the deal, talks shook loose. What's ahead? I have precisely and exactly no idea. Hopin is perhaps enduring some turbulence, per the FT. The company, once riding a torrid wave of market demand, is seeing its business molt into a more steady form. That meant layoffs earlier in the year, and a decline in its share price on secondary exchanges. Startups! From the startup-realm this morning, new rounds for Zenda and Rooser. Not Rooster, mind, just Rooser. And there's a general climate of fear out there, which won't do much for market sentiment. Alas, 2022 is not 2021 when it comes to investor excitement. And we have a live show coming this week! Get stoked, details to follow. Credits: Equity is produced by Theresa Loconsolo with editing by Kell. Bryce Durbin is our Illustrator. We'd also like to thank the audience development team and Henry Pickavet, who manages TechCrunch audio products. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hello and welcome back to Equity, the Tech Runge Podcast,
0:03.0	where we unpack the numbers and the new ones behind. Hello and welcome back to Equity, the Tech Runge Podcast,
0:13.0	where we unpack the numbers and the new ones behind the headlines.
0:16.0	This is Alex, it is April 25, 2022, and we have an absolutely stacked show for you.
0:22.0	So sit down and let's do this.
0:26.0	As always we're going to start with markets and this morning it's nothing but bad news and there
0:29.7	are three things you need to know. One the value of stocks around the world is down. Two, stocks are falling
0:35.4	ahead of a very important earnings week and also crypto not doing much better. So around the world, what's going on?
0:41.1	Well, stocks got clobbered today in Asia why well concerns
0:44.5	about more lockdowns in China especially with news that the pandemic is spreading
0:48.6	in Beijing because that Shanghai has been under very strict lockdown for weeks now causing some internal
0:53.4	discontent in that country. European stocks have also fell sharply today
0:56.8	though a little bit less than Asian shares. It is red though across the board in
1:00.4	Europe and here in the US features are down somewhat less than a
1:04.4	percent across major indices but still it's not good. Well you can kind of see
1:08.3	actually if you look at a map is fear radiating outward from China to Asia to
1:12.4	Europe and then the United States.
1:14.9	This all comes ahead of earnings week.
1:16.5	Essentially we're going to hear from a host of major companies today including
1:19.5	Alphabet and Microsoft on Tuesday, Meta, aka Facebook,
1:23.2	PayPal, Spotify, Apple, Amazon Robin Hood later in the week
1:26.3	among others.
	...

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