Musk’s Twitter Battle, Amazon & Target Day Deals, Major Market Moves 7/11/22

According to a letter sent by his legal team on Friday, Elon Musk is looking to terminate his $44 billion deal to buy Twitter. Daniel Flax of Neuberger Berman discusses the latest. Plus, Amazon Prime Day and Target Deal Days are expected to offer competitive price reductions, but will they be enough to remedy the unstable state of the consumer? Stacey Widlitz of SW Retail Advisors weighs in. And, a break to the S&P 500 or Nasdaq may tell us where we’re headed in the near term. Matt Maley of Miller Tabak and Greg Branch of Veritas Financial Group break down the biggest pre-market moves.