– Elon Musk detailed his financial goals for Twitter in an investor presentation obtained by the New York Times. Among those goals: quintuple revenue by 2028, cut Twitter's reliance on advertising and reach 931 million users by 2028 compared to 217 million at the end of 2021. Twitter fell 1.3% in premarket trading. – Third Point's Daniel Loeb told investors he has added to his stake in energy giant Shell, according to a letter seen by Reuters.
– Southwest Gas reached a settlement with investor Carl Icahn that will see the utility company replace its CEO and give Icahn as many as four board seats. Southwest Gas rose 1% in the premarket.
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