Securities and Exchange Commission

Elon Musk has sold 4.4 million shares of Tesla stock worth roughly $4 billion, most likely to help fund his purchase of Twitter.

Musk reported the sale in a filing with the Securities and Exchange Commission on Thursday. The shares were sold over the past few days, at prices ranging from $872.02 to $999.13.

The board of Twitter has agreed to sell the social network to billionaire Elon Musk for $44 billion or $54.20 per share, which is nearly 38% above the closing price of Twitter shares on the 1st of April - before Musk revealed that he had bought about a 9 percent stake in social media.

A 2018 tweet posted by Elon Musk in which he claimed to have secured the funding to take Tesla private was deemed "false and misleading" by a judge, according to documents filed by investors suing his electric car company.

U.S. auto safety regulators have launched another investigation of Tesla, this time tied to complaints that its cars can stop on roads for no apparent reason.

The government says it has 354 complaints from owners during the past nine months about "phantom braking" in Tesla Models 3 and Y. The probe covers an estimated 416,000 vehicles from the 2021 and 2022 model years.

The US electric car maker Tesla owned nearly billion worth of bitcoins at the end of last year, according to financial documents filed with the Securities and Exchange Commission (SEC).

Amazon CEO Jeff Bezos sold Amazon stock worth several billion dollars in just one week, according to TechNews.bg, quoting Reuters. The company didn't officially comment on the transaction.

On Thursday and Friday, the CEO of the largest online retailer offloaded $ 990 million worth of shares, and Amazon's total shares which were sold by Bezos last week reached $ 2.8 billion.

The top US regulator of the financial markets has blocked the sale of the Chicago Stock Exchange (CHX) to a Chinese-led investor group due to concerns over the would-be buyers' ability to supervise the bourse after the deal.

The world's most popular digital currency, Bitcoin, has topped another threshold, reaching $6,031 on Friday. It comes less than a week after the cryptocurrency smashed the $5,000 benchmark.

Last week, CNBC reported that investors should be looking into two assets to avoid US economic uncertainty and financial instability: overseas equities and digital gold Bitcoin.

At CNBC’s Trading Nation, Boris Schlossberg of BK Asset Management emphasized the importance of maintaining Bitcoin in a portfolio as a mandatory asset to hedge against an inevitable global economic struggle.

Representatives of the US Justice Department are expected in Athens this week to be briefed on the progress of an investigation into alleged corruption by the Swiss pharmaceutical giant Novartis, Justice Minister Stavros Kontonis revealed over the weekend.