Advertisement
Canada markets close in 3 hours 28 minutes
  • S&P/TSX

    21,820.45
    -191.27 (-0.87%)
     
  • S&P 500

    5,050.89
    -19.66 (-0.39%)
     
  • DOW

    38,355.91
    -147.78 (-0.38%)
     
  • CAD/USD

    0.7288
    -0.0033 (-0.45%)
     
  • CRUDE OIL

    82.80
    -0.56 (-0.67%)
     
  • Bitcoin CAD

    88,337.20
    -3,129.58 (-3.42%)
     
  • CMC Crypto 200

    1,398.80
    -25.30 (-1.78%)
     
  • GOLD FUTURES

    2,337.10
    -5.00 (-0.21%)
     
  • RUSSELL 2000

    1,985.24
    -17.40 (-0.87%)
     
  • 10-Yr Bond

    4.6520
    +0.0540 (+1.17%)
     
  • NASDAQ

    15,646.89
    -49.75 (-0.32%)
     
  • VOLATILITY

    16.20
    +0.51 (+3.25%)
     
  • FTSE

    8,040.38
    -4.43 (-0.06%)
     
  • NIKKEI 225

    38,460.08
    +907.92 (+2.42%)
     
  • CAD/EUR

    0.6818
    -0.0018 (-0.26%)
     

Twitter Isn’t Making Money. Here’s Why Musk Thinks It Could Soon.

Twitter is over $13 billion in debt. Many advertisers have fled. But CEO Elon Musk said the company has a shot at becoming cash-flow positive within a few months. Here’s why Musk is optimistic, and how his purchase contributed to Twitter’s cash problem. Illustration: Preston Jessee