The US stock market (which did not open on Good Friday either) will work normally again today: Wall Street futures come with moderate declines, between four and eight tenths.

“The week will start in earnest tomorrow, when everything opens,” says Bankinter’s Analysis Department in its daily comment. However, investors will have this day with important business references on the other side of the Atlantic, such as the quarterly accounts of Bank of America (BofA), after the publication last week of other large US entities such as Morgan Stanley, Wells Fargo or Citi .

These experts point out that “the tone of the market is deteriorating due to the coincidence of less vigorous macro indicators, business results affected in margins, rapidly rising interest rates and central banks that will invest the flow of funds they contribute: they will go from inject to drain.

Elon Musk, the founder of Tesla, announced last Thursday a takeover bid (OPA) on Twitter for more than 43,000 billion dollars (at 54.20 dollars per share of the social network). A takeover bid that the businessman himself is not sure that he will be able to carry out in the face of rejection by large shareholders of the company and the workforce.

However, the richest man in the world could have an ace up his sleeve to take over Twitter. Or at least that is the suspicion that investors have before the tweet published by Musk this weekend. The brief message refers, a priori, to the song Love me tender [Love me tenderly] by Elvis Presley.

According to analysts at Bloomberg Intelligence, Elon Musk could try to partner with Twitter investors like Oracle, given that his co-founder Larry Ellison is on Tesla’s board, along with a group of private equity firms including Thoma Bravo. That association could raise the takeover bid to 50,000 million dollars, according to these experts.

China’s GDP beats forecasts: grows 4.8% in the first quarter
China’s gross domestic product (GDP) grew by 4.8% year-on-year in the first quarter of 2022, according to official data from the National Statistics Office (ONE) published on Monday. The figure is higher than expected by analysts, who forecast an advance of around 4.4%. In the comparison with the last quarter of 2021, the Chinese GDP rose by 1.3%.

At the end of March, China’s total wealth stood at 27.02 trillion yuan ($4.24 trillion, €3.93 trillion) in nominal terms. In the global of 2021, the GDP of the Asian giant had risen 8.1%, driven precisely by the data of its first quarter, in which it advanced a significant 18.3% year-on-year thanks to the comparative base effect, since the The first three months of 2020 were the worst of the pandemic in China and caused a serious economic slowdown in the country.

The ONE assured today that the Chinese economy “continued to recover and develop, operating in a sustained manner” despite “a more complex and serious international environment” in veiled reference to the Russian invasion of Ukraine and the subsequent geopolitical earthquake, in addition to the multiple challenges that raised the frequent outbreaks of covid-19 at the national level.

For 2022, the Chinese government has set a growth target of 5.5%, one of the lowest in decades but also in the upper range of analysts’ forecasts, which could translate into a greater effort -via, for example, investment in infrastructure – to achieve this.