Halini Nagarajan News Today

Investors assessed warnings from Apple that supply problems in the wake of China's COVID-19 shutdowns could lower sales by up to $8 billion.

There's a lot of hype around "you have to get in now because you will be left behind otherwise," an official told the WSJ about Fidelity's bitcoin plan.

Meta CEO Mark Zuckerberg said he's slowing the pace of the Facebook parent's investment in new projects, including the metaverse, after revenue missed estimates.

The EU bought $46 billion worth on Russian oil, gas, and coal in the two months since the Ukraine war, with Germany emerging as the top buyer.

A jump in gas prices came as Russia's Gazprom said it would "fully halt" supplies to Bulgaria and Poland due to their failure to pay in rubles.

Ten European companies have opened accounts at Russia's Gazprombank as a means to meet Putin's payment demands, Bloomberg said.

"I think Elon is paying a premium to where Twitter should be trading," the Wedbush managing director told Bloomberg on Monday.

Softer guidance from mega-cap tech stocks could send stock markets back to square one, one analyst said.

It's clear that the primary market driver is slowing growth, rather than inflation or interest rates, Morgan Stanley's US equity strategist Mike Wilson said.

Futures on the Dow and the S&P 500 fell about 1% Monday after China imposed restrictions in Beijing, as investors fretted about Big Tech earnings this week.