Twitter shares surged Tuesday after Bloomberg first reported that Elon Musk plans to go through with his acquisition at $54.20 a share.

MORNING SQUAWK APAC Tuesday October 04 2022 AS OF WED, OCT 05, 2022 • 10:36 ET S&P 500 Close 3,790.93 +3.06% +112.50 S&P 500 Futures 3,783.25 -0.53% -20.00 10-Year Treasury 3.619% 0.00% +0.002 Twitter shares surge 22% after Elon Musk revives deal to buy company at original price Twitter shares surged Tuesday after Bloomberg first reported that Elon Musk plans to go through with his acquisition at $54.20 a share.   More » Asia-Pacific markets trade higher after U.S. stocks rally for a second day Shares in the Asia-Pacific traded higher on Wednesday after U.S. stocks rallied for a second day. More » Apple supplier Foxconn says it is 'cautiously positive' on Q4, adding to debate over iPhone 14 demand Foxconn reported record revenue for September on the back of strong demand for Apple's iPhone 14, but said it is "cautiously positive" for the fourth quarter. More » Credit Suisse to remain 'under pressure' but analysts wary of Lehman comparison Credit Suisse shares briefly sank to an all-time low on Monday while credit default swaps hit a record high. More » This isn't the market bottom, Morgan Stanley says, naming 3 things that have to happen first "The last few innings of every bear market are very challenging to trade as volatility becomes extreme," Morgan Stanley warned.  More » TODAY'S GUEST HIGHLIGHTS ON CNBC All times in SIN/HK 07:30 KATHELEEN OH  Korea economist, BofA Securities SK Economy 10:40 ERIC NUTTALL Partner & Senior Portfolio Manager, Ninepoint Partners    Energy stock picks 12:30 GIOVANNI STAUNOVO Commodity Analyst, UBS Wealth Management            OPEC Preview Unsubscribe Digital Products Manage Newsletters Feedback Terms of Service Privacy Policy Join the CNBC Panel © 2022 CNBC LLC. All rights reserved. A property of NBCUniversal.   900 Sylvan Avenue, Englewood Cliffs, NJ 07632   Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis.   Data also provided by THOMSON REUTERS