Before the Bell | Musk's hands-off approach to Twitter draws caution from EU regulator

$Dow Jones Industrial Average (.DJI.US)$ futures rose 224 points, or 0.68%. $S&P 500 Index (.SPX.US)$ futures were 0.41% higher while $NASDAQ 100 Index (.NDX.US)$ futures gained 0.22%.

U.S. stock futures rose, suggesting major equity indexes could regain some ground Wednesday after selling off sharply in the previous session.
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Federal Reserve governor Lael Brainard won Senate confirmation Tuesday to become the central bank's vice chairwoman with a 52-43 vote, securing her position as a top adviser to Chairman Jerome Powell as the central bank races to remove stimulus and contain rising inflation.
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Elon Musk has pledged to adopt a more hands-off approach to speech on $Twitter (Delisted) (TWTR.US)$, but a warning Tuesday from a top European regulator shows it may not be as simple as shelling out $44 billion for the social-media platform and taking it private.
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The company said first-quarter sales rose 23% from the year-ago period, the lowest rate for the tech giant since late 2020. In the interim, the company saw a period of massive sales growth, as small and large businesses alike flooded into the ad market seeking to win customers who spent the early period of the pandemic sequestered in their homes. Company sales advanced 41% last year. $Alphabet-A (GOOGL.US)$ $Alphabet-C (GOOG.US)$
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$Mattel (MAT.US)$ has held talks with private-equity firms about a potential sale, people familiar with the matter said, just a few months after the famed toy company declared its corporate turnaround complete.
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SpaceX blasted four astronauts toward the International Space Station early Wednesday morning in a mission that comes as billionaire founder Elon Musk prepares to add $Twitter (Delisted) (TWTR.US)$ to the roster of companies he runs.
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Getting the plant going will be the easy part. Like other car companies, $Ford Motor (F.US)$ continues to confront difficulties getting parts, particularly semiconductors critical to car manufacturing, and is launching the new truck in one of the most vexing periods for the auto industry's complex supply chain in years.
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$Microsoft (MSFT.US)$ revenue and profit rose last quarter as demand for its cloud services and software continued to climb with the shift to remote work triggered by the pandemic.
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