SEC Review of Musk Tesla Tweets Likely to Focus on Truthfulness

U.S. regulators are likely to focus on whether Elon Musk was telling the truth when he said on Twitter that he’d secured funding to take electric-carmaker Securities and Exchange Commission is questioning the company whether the chief executive officer’s tweets were statements of fact and why he chose to make…

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Apple Beats Sales Estimates; Shares Rise

Revenue grows the most since 2015; sales of wearables jump IPhone sales meet projections; Apple sees more revenue gains Apple Inc. reported revenue and profit that beat analysts’ estimates and projected continued sales momentum, calming concern about demand for the iPhone, its most-important product. The Cupertino, California-based company also raised…

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