Elon Musk has acquired 9.2% stake in Twitter (TWTR). JB Mackenzie discusses how the Tesla (TSLA) CEO bought 73.78M shares in Twitter. Musk’s passive stake in TWTR gives him sole voting power with shares worth approximately $2.89B. Additionally, Starbucks (SBUX) interim CEO, Howard Schultz, returned to role today and paused the share buyback program. Shultz says halting the buyback program will “allow us to invest more into our people and our stores.” Next, JPMorgan Chase (JPM) CEO, Jamie Dimon, says inflation and war in Ukraine could slow pandemic recovery. Tune in to find out more.
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