Trump can return to Twitter under Elon Musk’s $44bn purchase

Published

4 years ago

May 11, 2022

Elon Musk says if his bid to buy Twitter is successful he will reverse Donald Trump’s ban

Musk told a summit that Twitter’s decision to ban former U.S. President Donald Trump was “morally wrong and flat-out stupid”

Trump’s account was suspended after the Capitol riots last year, due to the risk of further violence occurring.

The richest man in the world agreed a 44-billion-dollar takeover bid with the Twitter board last month.

But the deal isn’t set in stone and will take a few months to process.

Once it goes ahead, the Tesla owner told the Financial Times “I would reverse the permanent ban”

According to Musk “Banning Donald Trump didn’t end Trump’s voice. It will amplify it among the right.”

Musk believes the decision to suspend Trump forever is morally wrong and foolish in the extreme.

He pointed out that Trump has said in the past he would not return to Twitter even if his account was reinstated.

Musk says his spoken to Twitter co-founder Jack Dorsey on permanent bans of accounts, and says that move should be extremely rare and reserved for accounts that are bots or scams.

He believes that if someone tweeted something “illegal or otherwise destructive to the world” then there should be suspension or post removal.

Musk wants Twitter to build more trust by sharing its algorithm and asking people to make suggestions on how to improve it.

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Australia’s inflation report and Nvidia earnings impact explained

Australia’s inflation report sparks market shifts, influencing interest rates, the Aussie dollar, and investor sentiment amid Nvidia’s earnings.

Published

5 days ago

February 26, 2026

Harvey Vargas

Australia’s inflation report sparks market shifts, influencing interest rates, the Aussie dollar, and investor sentiment amid Nvidia’s earnings.

Australia’s latest inflation report is creating waves across the market, with questions about interest rates, the strong performance of the Aussie dollar, and the uneven nature of the stock market rally. Investors are watching closely as changes in carry trade risks this month add another layer of complexity.

David Scutt from StoneX discusses what these shifts mean for trading strategies and the broader economic outlook. He provides insight into how underlying factors are shaping investor confidence and market dynamics.

On the tech side, Nvidia’s upcoming earnings are expected to influence AI development and the broader tech sector. Coupled with trends in SaaS and bitcoin price action, these movements are signalling how investor sentiment is evolving in a fast-changing landscape.

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U.S. stocks rally as AMD, Home Depot, and AI software lead gains

U.S. equities rose as AI disruption fears eased, with Home Depot, AMD, and DocuSign driving tech stock gains.

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6 days ago

February 25, 2026

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U.S. equities rose as AI disruption fears eased, with Home Depot, AMD, and DocuSign driving tech stock gains.

U.S. tech stocks surged as investors’ fears over AI disruption eased. Advanced Micro Devices jumped 9% after Meta announced a multiyear deal to deploy AMD’s graphics processing units for AI data centres. The move highlights growing corporate confidence in AI infrastructure investments.

DocuSign also rose 3% following Anthropic’s confirmation that Claude Cowork can integrate with DocuSign, Google Drive, and Gmail, signalling stronger adoption of AI tools across industries.

The iShares Expanded Tech-Software Sector ETF climbed 2% despite remaining over 30% below its 52-week high, showing tech stocks are recovering but still have room to run.

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Stocks tumble amid AI concerns and Trump tariff update

Dow drops 800+ points as AI and trade worries hit tech and retail stocks; bonds rise amid market volatility.

Published

1 week ago

February 24, 2026

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Dow drops 800+ points as AI and trade worries hit tech and retail stocks; bonds rise amid market volatility.

Stocks plunged sharply as concerns over artificial intelligence and trade tensions rattled investors, sending the Dow down more than 800 points. Heavyweights like American Express, Goldman Sachs, and JPMorgan were key contributors to the drop.

Software companies were hit particularly hard after a report suggested AI could impact economic growth, triggering further losses across tech shares.

Trade-sensitive retailers including American Eagle Outfitters, Ralph Lauren, and Yeti Holdings also faced setbacks as market uncertainty spiked. Bonds, meanwhile, rallied as investors sought safety in a volatile market.

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