Twitter Stock Soft In Volatile Market As President Trump Presses Social Media Platforms, Theater Chains Also Take A Hit

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Twitter shares are taking a hit today as President Donald Trump declares war on social media with the Jack Dorsey-led company in the crosshairs for slapping cautionary notes on two presidential twe…

-led company in the crosshairs for slapping cautionary notes on two presidential tweets this week.Facebook

Amazon — whose CEO Jeff Bezos, owner of The Washington Post, is a frequent target of President Trump’s ire – is up 0.95%, and Google parent Alphabet up 1.23%. Apple also rose as JP Morgan boosted its price target, citing potential of the affordable iPhone SE in India and emerging markets. First-quarter gross domestic product was downwardly revised to show a 5% annualized decline versus the 4.8% previously reported with only a few weeks of real economic carnage in the numbers.

 

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