Deidre markets closed up after a fiveday losing streak. Twitter, moving postmarket. Lori rothman, with me now, she has more from the new york stock exchange, lori . Twitter is headline, deirdre. Revenue grew 61 on solid ad sales. Get this 80 of those users are using twitter on their mobile devices. 6 rise in cost per ad engagement. That is great sign for twitter that their ad strategy is getting traction. You see twitter shares off the postsession highs. Positive reaction to Second Quarter numbers especially going back to the First Quarter, which was not only surprise since they came out at 3 00 during the trading day in the First Quarter but a disappointment too. Lets step back to look at broader market. Our session, finally stocks snapping a fivesession losing streak with the dow closing up 189 points to 17,630. Still negative for the year. Well hear from janet yellen and decision on rates and accompanying statement tomorrow. Nasdaq up 49 points. Lets break down the dow 30 for you. L
As elon musk s deal to take over twit circumstance finalized the end result is more than just control of a social media platform. our nation was found on the idea that it is we the people who hold the power. it is we the people who elect representatives to exercise that power, but this latest news shines a light on the plutocratic republic that we are unfortunately very quickly turning into, where it s not we the people but the ultra wealthy who wield the power, who control so many of the institutions that have become fundamental to our lives. as david atkins, a democratic national committee member from california puts, it elon musk is trying to buy the conversation. pete thiele is trying to buy a dictatorship. jeff bezos is trying to buy the marketplace. mark zuckerberg is trying to buy our minds. taxing the rich isn t about helping the poor. it s about stopping them from owning everything. with me now jason johnson,