Hot Stock of the Week: Doubler after Halving?:
deraktionaer.de/artikel/maerkte-forex-zinsen/hot-stock-der-woche-verdoppler-nach-halving-20353884.html
Story Details
| Last Updated | Mar 27 |
| Total Articles | 1 |
More articles on this subject
Previous
Osprey Bitcoin Trust: Now A Liquidation Value Play: For me, Osprey Bitcoin Trust is worth a small position. Read more to see an overview and analysis of OBTC ...
seekingalpha.com/article/4685232-osprey-bitcoin-trust-now-a-liquidation-value-play-stock
Paid articlePaid
Bitcoin is treading water - but here it goes again: Bitcoin Stabilizes at $66,200 After Halving, Crypto Stocks Seek Up.
deraktionaer.de/artikel/maerkte-forex-zinsen/bitcoin-tritt-auf-der-stelle-doch-hier-geht-wieder-die-post-ab-20355890.html
Claret Asset Management Q1 2024 Quarterly Letter: After climbing in 2023 (up 23.8%), the S&P 500 continued its ascent in the first quarter of 2024 by increasing ...
seekingalpha.com/article/4685247-claret-asset-management-q1-2024-quarterly-letter
Rare Satoshi Mined in Fourth Bitcoin Halving Block Sold for Over $2 Million: An exceptionally rare satoshi, the smallest unit of Bitcoin, has been sold for 33 ...
coinmarketcap.com/alexandria/article/rare-satoshi-mined-in-fourth-bitcoin-halving-block-sold-for-over-dollar2-million
Bitcoin Transaction Fees Plummet After Record Highs on Halving Day: Bitcoin (BTC) transaction fees have experienced a significant drop just one day after ...
coinmarketcap.com/alexandria/article/bitcoin-transaction-fees-plummet-after-record-highs-on-halving-day
Meta: I Am Aggressively Buying The Drop (Rating Upgrade): Meta Platforms' strong EPS growth prospects, high FCF, and margins make shares an attractive deal for ...
seekingalpha.com/article/4686034-meta-i-am-aggressively-buying-the-drop-stock
Paid articlePaidQuick Glance: Meta Quarterly Results: Revenue Expectations Lowered, Stock Fell
- Meta's quarterly results exceeded expectations, but the revenue forecast for the next quarter was lowered.
- Despite successful ad business and increasing user numbers, Meta's stock experienced a drop of over 10 percent.
- Analysts caution about Meta's reduced revenue expectations for the second quarter, leading to investor skepticism.
- Zuckerberg plans to significantly increase investments in AI models in the coming years to enhance Meta's leading position in the artificial intelligence domain.
Bitcoin price breaks above $66K — Has BTC flipped bullish again?: Bitcoin reclaimed the $65,000 mark days after the halving, suggesting that the current price ...
cointelegraph.com/news/bitcoin-price-breaks-65k-btc-flipping-bullish-again
Triton International: Preferred Shares Offer A Yield Between 6.9% And 8.2%: Triton's balance sheet shrank after being acquired by Brookfield Infrastructure ...
seekingalpha.com/article/4686287-triton-international-preferred-shares-offer-a-yield-between-6-9-percent-and-8-2-percent
Paid articlePaid
Bitcoin miners brace for impact as halving goes live: Bitcoin mining firms diversify their revenue streams to brace for halving.
cnbc.com/2024/04/21/bitcoin-miners-get-into-ai-to-survive-halving.html
Quick Glance: Bitcoin 'Halving' Completed, CoinGecko Reports
- Bitcoin, the world's largest cryptocurrency, completed its 'halving' on Friday, a phenomenon that occurs roughly every four years according to CoinGecko.
- Following the 'halving', Bitcoin remained relatively stable, dropping by 0.47% to $63,747.
- The 'halving' was integrated into Bitcoin's code at its inception to reduce the rate of new Bitcoins being created.
- Experts are divided on whether the upcoming 'halving' will boost Bitcoin's price, with some viewing it as already factored in, while others remain skeptical.
Bitcoin analysts agree that BTC has ‘a lot further to run’: Bitcoin on-chain and market cycle data all suggest higher baseline prices for BTC in the months ...
cointelegraph.com/news/bitcoin-analysts-agree-that-btc-has-a-lot-further-to-run
Orla Mining: Good Upside Potential, But At A Lower Price: Orla Mining Ltd. operates as a gold producer in Mexico and has successfully started production at its ...
seekingalpha.com/article/4686103-orla-mining-good-upside-potential-lower-price
Paid articlePaid Nvidia Down 10%, Time To Buy Tech: The stock market has been experiencing unusual volatility in the past few weeks. Click here to read why high-flying stocks ...
seekingalpha.com/article/4685003-nvidia-down-10-percent-time-to-buy-tech
Paid articlePaid Visa: A Growth And Buyback Machine With Impressive Dividend Growth: Visa, a multinational financial services corporation, is now a $554 billion (by market cap) ...
seekingalpha.com/article/4685011-visa-growth-buyback-machine-impressive-dividend-growth
Paid articlePaid Jack Dorsey’s payments company, Block, is building its own bitcoin mining system: The company, formerly known as Square, now building a full bitcoin mining ...
cnbc.com/2024/04/23/block-formerly-square-building-its-own-bitcoin-mining-system.html
Hong Kong Approves Spot Bitcoin and Ethereum ETFs, Trading To Start on April 30: The Securities and Futures Commission (SFC) of Hong Kong has officially granted ...
coinmarketcap.com/alexandria/article/hong-kong-approves-spot-bitcoin-and-ethereum-etfs-trading-to-start-on-april-30
Stocks: The big risk on the stock market: The development of the stock market depends on fewer and fewer companies. This is worrying.
faz.net/aktuell/finanzen/aktien-das-grosse-risiko-an-der-boerse-19665968.html
Paid articlePaid Amazon: The Margin Train Is Gaining Speed: Amazon remains the cheapest option, by far, for fulfillment, logistics, and customer acquisition ...
seekingalpha.com/article/4685639-amazon-the-margin-train-is-gaining-speed
Paid articlePaid Dollar General: Cost Management And Same-Store Sales Growth Key To Recovery: Based on a DDM, Dollar General doesn't seem to offer a good return at current prices ...
seekingalpha.com/article/4686057-dollar-general-cost-management-and-same-store-sales-growth-key-to-recovery
Paid articlePaid What I Wish I Knew About Dividend Stocks Before Buying ETFs And CEFs: There are several key differences between investing in dividend ETFs and CEFs ...
seekingalpha.com/article/4685821-what-i-wish-i-knew-about-dividend-stocks-before-buying-etfs-and-cefs
Paid articlePaid ‘I’ve moved on to other things’ — Satoshi Nakamoto’s final email revisited after 13 years
cointelegraph.com/news/satoshi-nakamoto-final-email-revisited-after-13-years
Adaptimmune: Huge Opportunity Amid Their Setback With Genentech: Adaptimmune is presenting at ASCO, potentially providing updates on their drug development ...
seekingalpha.com/article/4686684-adaptimmune-huge-opportunity-amid-their-setback-with-genentech
Paid articlePaid $1M Bitcoin price still in play amid ‘macro liquidity surge’ — Arthur Hayes: Bitcoin and crypto have a bull market ahead of them thanks to fiat money printing ...
cointelegraph.com/news/1m-bitcoin-price-still-in-play-macro-liquidity-arthur-hayes
NovaGold: Still A Chance For A Positive Long-Term Trend Reversal: NovaGold Resources Inc. explores for and develops gold mineral properties in the United States ...
seekingalpha.com/article/4685114-novagold-still-a-chance-for-a-positive-long-term-trend-reversal
Paid articlePaid The Mag. 7: Concentrate Or Diversify?: photographer/iStock via Getty ImagesDatatrek summarized things this way: “Without 5 Big Tech names ...
seekingalpha.com/article/4686673-the-mag-7-concentrate-or-diversify
Paid articlePaid Will Dogecoin skyrocket 7 months after the Bitcoin halving again?: The top memecoins are far from previous highs, yet retail investors may be viewing them as ...
cointelegraph.com/news/dogecoin-price-skyrocket-7-months-after-bitcoin-halving
Baron Health Care Fund Q1 2024 Shareholder Letter: In the quarter ended March 31, 2024, Baron Health Care Fund advanced 8.92% compared with the 8 ...
seekingalpha.com/article/4685283-baron-health-care-fund-q1-2024-shareholder-letter
Boomers to pour $300B into crypto markets — Morgan Creek Capital: Morgan Creek CEO predicts $300 billion inflows, with baby boomers driving crypto market ...
cointelegraph.com/news/boomers-300-billion-crypto-markets-morgan-creek-capital
Altcoin season brews as bullish trading pattern forecasts explosive price move: Is it altseason? Not yet, but a key technical setup suggests it is coming.
cointelegraph.com/news/altcoin-season-brews-as-a-bullish-trading-pattern-forecasts-an-explosive-price-move
SoFi Technologies: Strong Growth Should Be Rewarded Eventually: SoFi Technologies faces a decline in its shares, but shows strong growth and forecasts ...
seekingalpha.com/article/4685074-sofi-technologies-strong-growth-should-be-rewarded-eventually
Paid articlePaid
Record value for financial assets: German private households are richer than ever
n-tv.de/wirtschaft/Deutsche-Privathaushalte-sind-so-reich-wie-nie-article24882901.html
Quick Glance: Record: Germans Hold 7716 Billion Euros in Wealth
- German private individuals hold a net wealth of 7716 billion euros.
- Stocks and investment funds saw significant gains in the last quarter.
- Cash and bank deposits remain the largest component of wealth.
- Household net wealth increases by 244 billion euros to 5560 billion euros.
Bitcoin mining stocks saw spikes across the board ahead of halving event: Bitcoin mining companies saw a slight increase in its stock prices in the 24-hour ...
cointelegraph.com/news/bitcoin-mining-stocks-btc-halving
Packaging Corporation of America: After A Great Run Up, It's Time For A Downgrade
seekingalpha.com/article/4684997-packaging-corporation-of-america-stock-after-great-run-up-time-for-downgrade-hold
Paid articlePaid Why Investing For Dividends Can Help Build Wealth: Investing in dividend-paying stocks can give investors higher pay raises without the need to work countless ...
seekingalpha.com/article/4685203-why-investing-for-dividends-can-help-build-wealth
Paid articlePaid 'China is about to start bidding' — Will Hong Kong Bitcoin ETFs spark the halving rally?
cointelegraph.com/news/china-hong-kong-bitcoin-etfs-halving-btc-price-rally
Bitcoin miners could dump $5B in BTC after halving: 10x Research: Bitcoin miners are likely to start selling their holdings after the halving resulting in more ...
cointelegraph.com/news/bitcoin-miners-dump-5-billion-in-btc-after-halving-10x-research
Meta Platforms: Expect Shares To Pop On Strong Earnings, Again: Meta Platforms is poised for impressive advertising revenue growth, expected to capture 50% of ...
seekingalpha.com/article/4684979-meta-platforms-expect-shares-to-pop-on-strong-earnings
Paid articlePaid
“Our application is rejected”: VanEck boss does not expect Ethereum spot ETFs to be approved soon
finanzen.net/nachricht/devisen/entscheidung-der-sec-kommt-nach-dem-bitcoin-nun-der-ethereum-etf-das-erwartet-der-vaneck-ceo-13431325
Finland's households turn to Bitcoin mining to heat homes: A new project in Finland is turning energy from mining Bitcoin into energy to heat homes during the ...
cointelegraph.com/news/finland-bitcoin-mining-heat-homes
BONK, POPCAT and Solana memecoins stay green even as Bitcoin price drops: Solana memecoins are on the rise even amid a lull in the broader crypto market.
cointelegraph.com/news/bonk-popcat-and-solana-memecoins-stay-green-even-as-bitcoin-price-drops
Caesars: Sector Leaders In A SWOT Analysis Turn Up A Strategy Insight: Investing in a combined entity of Caesars, MGM Resorts, and Las Vegas Sands may be a more ...
seekingalpha.com/article/4684959-caesars-sector-leaders-in-a-swot-analysis-turn-up-a-strategy-insight
Paid articlePaid Fidelity’s Bitcoin ETF draws $40M in largest single investment from advisers: Fidelity’s Wise Origin Bitcoin Fund attracted $40 million from Legacy Wealth ...
cointelegraph.com/news/fidelity-bitcoin-etf-draws-40-million-largest-single-investment-advisers
Huntington Bancshares: Solid Q1 Leaves Shares With Further Upside: Huntington Bancshares surpasses Q1 earnings expectations, showing stable deposit growth and ...
seekingalpha.com/article/4684971-huntington-bancshares-solid-q1-shares-further-upside
Paid articlePaid Bitcoin turns bullish after the halving — Will BNB, NEAR, MNT and RNDR follow? : BNB, NEAR, MNT, and RNDR could remain strong as Bitcoin manages to ward off a ...
cointelegraph.com/news/bitcoin-turns-bullish-after-the-halving-will-bnb-near-mnt-and-rndr-follow
Be Greedy When Others Are Fearful, Even If They Are Fearful For A Good Reason: Investors caught off guard by increased geopolitical risk may face short-term ...
seekingalpha.com/article/4685108-be-greedy-when-others-are-fearful-even-if-they-are-fearful-for-a-good-reason
Paid articlePaid Bitcoin whales refuse to sell while BTC price ditches $70K ‘euphoria’: Bitcoin whales diverge from negative BTC price sentiment as accumulation continues.
cointelegraph.com/news/bitcoin-whales-refuse-sell-btc-price-70k-euphoria
Bitcoin From Rare 'Satoshi Era' Moves After 14 Years of Dormancy: The miner earned 50 bitcoin in April 2010 during the network’s early weeks and has held on to ...
coindesk.com/markets/2024/04/15/bitcoin-from-rare-satoshi-era-miner-moves-after-14-years-of-dormancy/
Netflix: I Am Cashing Out: Find out why a financial writer is downgrading Netflix stock to Sell despite strong results and why Spotify is the preferred pick for ...
seekingalpha.com/article/4684891-netflix-i-am-cashing-out
Paid articlePaid Magnificent 5 Or 7? Earnings Preview With Steven Cress: Seeking Alpha's Head of Quantitative Strategies, Steven Cress, walks us through Mag 7 stocks from a quant ...
seekingalpha.com/article/4684996-magnificent-5-or-7-earnings-preview-with-steven-cress
Pepe Memecoin Surges Following Coinbase Futures Listing: Bitcoin and Ethereum are experiencing modest gains in the past 24 hours, up 2.25% and 0.90% respectively ...
coinmarketcap.com/alexandria/article/pepe-memecoin-surges-following-coinbase-futures-listing
Did Meta Just Burst The Big-Tech Bubble?: Given the high valuations, and limited growth potential, the big tech is in a bubble. Read more to see if Meta just ...
seekingalpha.com/article/4686066-did-meta-just-burst-the-big-tech-bubble
Paid articlePaid Microsoft: Timely Selloff Creates An Attractive Setup Ahead Of Q3 Earnings: Microsoft is set to report its fiscal third-quarter results, with investors hoping it ...
seekingalpha.com/article/4685015-microsoft-stock-timely-selloff-creates-an-attractive-setup-ahead-of-q3-earnings
Paid articlePaid Wall Street Lunch: Bond Bulls In Hibernation: 10-year Treasury yield nearing a full point rise for 2024. UnitedHealth rallies on solid results ...
seekingalpha.com/article/4684111-wall-street-lunch-bond-bulls-in-hibernation
Record value for financial assets: German private households are richer than ever
n-tv.de/wirtschaft/Deutsche-Privathaushalte-sind-so-reich-wie-nie-article24882901.html
Bitcoin price prediction: Coin could crash over 50% as FOMO rally fades: Bitcoin could plummet to as low as $20,000 in crypto's next "ice age ...
markets.businessinsider.com/news/currencies/bitcoin-price-prediction-btc-crash-fed-interest-rates-crypto-outlook-2024-4
Some Square Users Can Now Convert Their Dollars to Bitcoin Via Cash App: Bitcoin Conversions will charge a flat 1% fee to automatically convert a portion of ...
coindesk.com/tech/2024/04/24/some-square-users-can-now-convert-their-dollars-to-bitcoin-via-cash-app/
Baron Focused Growth Fund Q1 2024 Shareholder Letter: Baron Focused Growth Fund increased 1.68% in the first quarter. The Fund underperformed the Russell 2500 ...
seekingalpha.com/article/4685677-baron-focused-growth-fund-q1-2024-shareholder-letter
Bitcoin Dips to $63K as Rate Cut Hopes Dim Following Disappointing U.S. Inflation Report
coindesk.com/markets/2024/04/25/bitcoin-dips-to-63k-as-rate-cut-hopes-dim-following-disappointing-us-inflation-report/
Centuri Holdings: Not Electrified About This IPO: Centuri Holdings has had a strong public debut, with shares extending gains after the offering ...
seekingalpha.com/article/4684941-centuri-holdings-not-electrified-about-this-ipo
Paid articlePaid Cryptocurrencies - Robert Kiyosaki: “Acquire as many Bitcoins as you can”: Robert Kiyosaki is convinced that the Bitcoin rally will continue. That's why the ...
finanzen.net/nachricht/devisen/bitcoin-bulle-finanzexperte-kiyosaki-erwartet-anhaltende-bitcoin-rally-13401774
New version of Tiny11 Builder lets you debloat any Windows 11 build or version: If you think the stock Windows 11 is cluttered too much and you want a more ...
neowin.net/news/new-version-of-tiny11-builder-lets-you-debloat-any-windows-11-build-or-version/
Bitcoin is a “Decentralized Ponzi Scheme,” JP Morgan CEO Jamie Dimon Reiterates Negative Stance
coinmarketcap.com/alexandria/article/bitcoin-is-a-decentralized-ponzi-scheme-jp-morgan-ceo-jamie-dimon-reiterates-negative-stance
5 things you didn't know about Bitcoin halvings and BTC price: As the market approaches Bitcoin's fourth halving on April 19, let's explore five intriguing facts ...
cointelegraph.com/news/5-things-you-didn-t-know-about-bitcoin-halvings-btc-price
Goldman Sachs breaks down Bitcoin and Co.: Why cryptos are not an asset class and clients are not interested
finanzen.net/nachricht/devisen/trotz-rally-und-spot-etfs-goldman-sachs-schiesst-gegen-bitcoin-und-co-angeblich-keine-kundennachfrage-nach-kryptos-13411692
Rooting for Trump to fail has made his stock shorters millions: There have been plenty of scary moments, including last week when DJT, the ex-president’s ...
pbs.org/newshour/politics/rooting-for-trump-to-fail-has-made-his-stock-shorters-millions
Quick Glance: Profiting from Trump's Truth Social Appears Lucrative
- An amateur Wall Street investor group has made millions by betting against the stock price of Trump's social media company.
- Their bets are driven by the company's poor financials rather than personal feelings towards the former president.
- Despite paper profits of at least $200 million, they remain cautious due to the stock's volatility.
- Buyers of Trump's stock could amplify losses for short sellers through massive purchases and a potential 'short squeeze.'
Sales Of Jeep, Stellantis' Crown Jewel, Have Slumped, Posing Added Risk To The Stock
seekingalpha.com/article/4684439-sales-of-jeep-stellantis-crown-jewel-have-slumped-posing-added-risk-to-the-stock
Paid articlePaid
Harley-Davidson profit falls 23% on slowing sales, shares tumble: Harley-Davidson on Thursday reported a 23% decline in first-quarter profit ...
reuters.com/business/autos-transportation/harley-davidson-quarterly-profit-falls-slow-demand-2024-04-25/
Quick Glance: Harley-Davidson Boosts Profit with New Models
- Harley-Davidson reported a better-than-expected first-quarter profit, driven by sales of new Touring motorcycles in North America.
- The company benefited from increased demand for the newly launched 2024 Touring models, while facing declining sales in Europe and Asia.
- Adjusted earnings per share for the first quarter were $1.72, exceeding the average analyst expectation of $1.51 per share.
- Revenue from motorcycles and related products decreased by about 5% to $1.48 billion in the quarter, but still surpassed estimates of $1.34 billion.
Weak business figures: Tesla's quarterly profit falls by 55 percent: The US electric car manufacturer Tesla is struggling with falling sales figures ...
n-tv.de/wirtschaft/Teslas-Quartalsgewinn-faellt-um-55-Prozent-article24896184.html
Father-son team says they’ve recovered $6M in lost crypto: A father and son duo in New Hampshire claims to have recovered $6 million for users who lost their ...
cointelegraph.com/news/father-son-team-says-they-recovered-6-million-lost-crypto
‘Giant buy’ signal? Crypto whales transfer $1.3B to Coinbase : Several huge USDC transfers totaling $1.3 billion could be a huge buying signal for Bitcoin and ...
cointelegraph.com/news/crypto-whales-transfer-exchange-coinbase-buy-signals
Trump Media stock slides again to bring it nearly 60% below peak : The stock price for Donald Trump’s social media company is sliding again ...
apnews.com/article/donald-trump-media-truth-social-902dc0a6827b2358564976efa7b6b8d2
Quick Glance: A Swift Tech-Stock Bubble and Burst in Three Weeks
- The value proposition of buying shares of Truth Social's parent company revolves around Donald Trump's ability to make you wealthy, a unique focus.
- Trump's history of promising financial gains extends to the realm of Truth Social stock, which currently presents a stark contrast.
- The current trajectory of Trump's stock value compared to its initial rise creates a tech-stock bubble phenomenon.
- Examining what Truth Social offers without the Trump factor reveals its foundation as a social network built on Mastodon, lacking technical uniqueness.
EnerSys: Softer Momentum, But Clarity On Taxes: EnerSys has seen mixed signs since last summer, with tax credits increasing but organic business performance ...
seekingalpha.com/article/4685226-enersys-softer-momentum-but-clarity-on-taxes
Paid articlePaid OP_CAT Proposal to Bring Smart Contracts to Bitcoin Finally Gets a 'BIP Number': This marks the first step towards reintroducing functionality removed from ...
coindesk.com/tech/2024/04/24/op-cat-proposal-to-bring-smart-contracts-to-bitcoin-finally-gets-a-bip-number/
Crypto boom: Ripple CEO expects it to double to $5 trillion this year: Crypto bull Brad Garlinghouse remains optimistic about crypto market growth in 2024 ...
finanzen.net/nachricht/devisen/neue-hoechststaende-ripple-ceo-erwartet-noch-in-diesem-jahr-verdopplung-des-kryptomarktes-13419224
Charles Schwab Q1 Results: Strength Under The Hood: Charles Schwab Corp. reported strong Q1 activity levels but faces challenges with deposit outflows impacting ...
seekingalpha.com/article/4684232-charles-schwab-q1-results-strength-under-the-hood
Paid articlePaid Google parent announces first-ever dividend; beats on sales, profit; shares soar: Alphabet announced its first-ever dividend on Thursday and a $70 billion stock ...
reut.rs/3UyBaJX
Oracle: Safe Tech Bet In A Volatile Market: Oracle is driving growth across a number of initiatives, including cloud database products and AI-driven medical ...
seekingalpha.com/article/4684404-oracle-stock-safe-tech-bet-in-a-volatile-market
Paid articlePaid Fastighets AB Balder: Resilient Operating Performance And Discounted Valuation: Despite a dip in property value, Fastighets Balder's resilient operations and ...
seekingalpha.com/article/4684864-fastighets-ab-balder-operating-performance-discounted-valuation-baldf-fstgy-stock
Paid articlePaid Stripe Brings Back Crypto Payments Via USDC Stablecoin: The payments firm stopped taking crypto payments in 2018 due to bitcoin’s high volatility.
coindesk.com/business/2024/04/25/stripe-brings-back-crypto-payments-via-usdc-stablecoin/
The upcoming bitcoin halving is different from others before it. Here’s what investors need to know.
cnbc.com/2024/04/11/the-upcoming-bitcoin-halving-is-different-from-others-before-it-heres-what-investors-need-to-know-.html
Quick Glance: Bitcoin Halving Impact and Market Insights
- The upcoming Bitcoin halving event is unique and significant for investors.
- Bitcoin's increasing popularity among institutions and retail investors is changing the landscape.
- The halving creates scarcity and is viewed as a key event for Bitcoin's market dynamics.
- Reduced supply from miners post-halving affects the market by influencing Bitcoin's price trajectory.
Bitcoin Chops Around $64K, With Japanese Yen's Tumble Maybe Signaling 'Currency Turmoil,' Analyst Says
coindesk.com/markets/2024/04/26/bitcoin-chops-around-64k-with-japanese-yens-tumble-maybe-signaling-currency-turmoil-analyst-says/
Stripe bringing back crypto payments, this time with a stablecoin : Payment processor Stripe will incorporate the USD Coin stablecoin into its payment options ...
cointelegraph.com/news/stripe-brings-back-crypto-payments-stablecoin
Tesla shares tumble below $150 per share, giving up all gains made over the past year
apnews.com/article/tesla-stock-elon-musk-electric-vehicles-a58609b126ba5f5b7655f6049ecb27f1
Quick Glance: Tesla Shares Plummet Below $150, Erasing Year's Gains
- Tesla's stock tumbled below $150 per share, erasing all gains made in the past year, reflecting falling sales and deep discounts to attract buyers.
- Shares of Tesla have fallen by 12.4% this week and over 39% this year, accompanied by a global staff reduction of 10% amounting to around 14,000 jobs.
- Tesla's stock hit an all-time high in November 2021 but sales plummeted last quarter due to increased competition and failed price cuts to bolster demand.
- Anticipated lower first-quarter earnings for Tesla raise concerns about potential catalysts to reverse the stock decline amidst uncertainties surrounding the release of a new affordable electric vehicle and strategic shifts within the company.
Next
New to NewsWall?
Sign up now to get your own personalized news!
Trending topics