The US dollar is taking a beating on Wall Street, measured by a popular index. The blame is partly on the revival of the EURUSD euro, -0.01% as European leaders forged a historic fiscal pact to lift the eurozone economy out of the coronavirus pandemic that has brought much of …
Read More »Tesla’s stock options are priced for an unusually large move after earnings, but odds are against bettors
Tesla Inc.’s stock options imply a one-day post-earnings movement that is more than 60% higher than the historical average, but the odds are currently against investors willing to bet on such unusual volatility. The electric vehicle maker plans to report second-quarter results after Wednesday’s closing bell. The average estimates for …
Read More »Risks are mounting for US stocks. This is where investors should look, says BlackRock.
It is set to be a moderate start to a great earnings week. US stock futures were down at the start of a week, which will see a number of report results from big names, including Tesla TSLA, + 0.01%, Microsoft MSFT, -0.51% and United Airlines UAL, -1.65%. The race …
Read More »Nio Stock Drops, Netflix Sinks and Dow Might Open Higher
Text size US stocks rose slightly in pre-trade, as investors worried about rising tensions between the US and China, as well as cases of coronaviruses continuing to rise in what appears to be a stereotypical summer. on Friday. Dow Jones Industrial Average futures were up 75 points, or 0.3%. S&P …
Read More »Longtime critic of Elon Musk has a strong message for investors looking to bet against Tesla
“ ‘It is one thing to bet on Elon Musk, but another to bet against him. The guy specializes in pulling rabbits out of his hat. “ That’s Carson Block, the short seller behind Muddy Waters Capital, speaking to Bloomberg’s Tracy Alloway and Joe Weisenthal in a podcast this week …
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