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**__ Diplomatt’s Daily Digest – April 25, 2022__**
Good morning and happy Monday! U.S. stock futures fell on Monday, pointing to a continuation of an April market sell-off that’s pushed the Dow Jones Industrial average lower for four-straight weeks. Fear about a Covid breakout in China was the latest catalyst with Asian stock markets cratering on fears about a slowdown in the region because of lockdowns. Oil prices declined and yields retreated on the fears. Wall Street is also bracing for a stacked week of earnings, including reports from major tech companies such as Amazon and Apple. About 160 companies in the S&P 500 are expected to report earnings this week, and all eyes will be on reports from big tech companies, including Amazon, Apple, Google-parent Alphabet, Meta Platforms and Microsoft. As always, continue to following The DiploMatt for all of your morning financial news.

Quote of the week: “Good things come to people who wait, but better things come to those who go out and get them.” —Anonymous

**General News:**
• Sources close to Twitter have annouinced the company’s 11-member board has been negotiating with Elon Musk into the morning on Monday over his offer to buy the social networking service and take it private.
• Coca-Cola reported quarterly earnings and revenue that topped analysts’ expectations as consumers drank more of its trademark soda, Powerade and other beverages.
• Over the weekend, French President Emmanuel Macron won a second term in office.
• General Motors will reportedly no longer provide battery replacements for the all-electric version of the Chevy Spark.
• Multiple US airlines are now so desperate for staff that they’ve swapped planes for buses on some shorter routes. Several carriers, including American Airlines have hired coach companies to carry passengers when the distances are small.
• China’s capital of Beijing warned over the weekend that Covid had spread undetected in the city for a week, and that more cases would be found with investigation.

**StockTwits Top 10 Trending Tickers of the Day:**
1. SPY
2. BTC
3. UVXY
4. QQQ
5. MSFT
6. PYPL
7. KO
8. FLOKI
9. OSTK
10. AMD

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