 | | | | Twitter Inc (TWTR.N) on Wednesday appointed development finance executive Mimi Alemayehou to its board of directors to replace Elliott Management partner Jesse Cohn, after the activist hedge fund helped create a blueprint for changes that led to a doubling of the social media firm's share price. | | | | | | Wall Street ended a see-saw session lower on Wednesday as market participants awaited inflation data for clues as to when the U.S. Federal Reserve might tighten its dovish monetary policy. | | | | | | Bitcoin surged 8.54 % to $36,265 on Wednesday, adding $2,853.31 to its previous close. | | | | | | Shares of Clover Health Investments Corp (CLOV.O) slid on Wednesday, a day after the new retail trader favorite soared about 86%, the latest meme stock to join the frenzy this year. | | | | | | The dollar was little changed and off session lows on Wednesday as investors focused on a European Central Bank meeting and the upcoming U.S. consumer price index report to help gauge the current pace of the economic recovery. | | | | | | GameStop (GME.N) on Wednesday named two Amazon executives as its chief executive and chief financial officer, the biggest changes at the once-struggling videogame retailer since activist investor Ryan Cohen joined the board and launched plans to turn it into an e-commerce powerhouse. | | | | | | Wall Street stocks ended lower on Wednesday, reversing earlier gains as institutional investors awaited inflation data for clues as to when the U.S. Federal Reserve might tighten its dovish monetary policy. | | | | | | Mastercard Inc (MA.N) has decided to temporarily remove its branding from the Copa America amid criticism over a last-minute decision to host the soccer tournament in Brazil, which is struggling with one of the world's worst COVID-19 outbreaks. | | | | | | LATAM Airlines Group (LTM.SN), the region's largest carrier, said on Wednesday that it had sought to extend until September the deadline to present its restructuring plan as part of the bankruptcy protection process initiated in 2020. | | | | | | Wall Street indexes kept to tight ranges on Wednesday ahead of key inflation data this week, while small-time retail investors bought into several more stocks as a social media-fueled rally continued. | | | | | |
