The Tesla stock has fallen 44% in December and more than 59% during the fourth quarter of this year. It seems that there’s no end to the free fall in the price of Tesla Inc (NASDAQ: TSLA) stock. On Tuesday, December 27, the TSLA stock ended another 11% in red with its year-to-date losses now surging to 72%. What seems is that Tesla might hit a negative record on three fronts making it the worst month, quarter, and year for the electric carmaker. Among all valuable tech companies, Tesla has…
Tag: Stock
Coinbase Stock Sinks to All-time Low as Slow Holiday Week Begins
Crypto exchange Coinbase plunged to a $32.65 all-time low as the S&P 500 and the Nasdaq Composite also slipped up. Coinbase (NASDAQ: COIN) recently fell 8% to an all-time low of $32.65 following a sluggish trading day. The slow session was also accompanied by slow movement in the S&P 500 and Nasdaq Composite during the holiday weekend. The low trading volume seen in the markets was likely a result of investors taking a break to mark the festivities. In addition to Coinbase’s all-time low, other crypto-related stocks also plunged during the…
Robert Kiyosaki Warns Last Chance to Buy Gold and Silver at Low Prices — Says Stock Market Crash Will Send Them Higher – Markets and Prices Bitcoin News
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says now may be the last chance to buy gold and silver at low prices. “Inflation moving up. Interest rates moving up. Stock market to crash sending gold and silver higher,” Kiyosaki described. Robert Kiyosaki Expects Gold and Silver to Soar When Stock Market Crashes The author of Rich Dad Poor Dad, Robert Kiyosaki, says the prices of gold and silver are about to soar. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and…
Coinspaker Advent Calendar: Stock Market in 2023
While the US Fed’s Funds Rate is getting near its peak, the drivers of the economy may shift focus into reviving the stock market after winning the fight against inflation. Dear readers, welcome to the last episode of the Coinspeaker Advent Calendar Series where we wrap up our outlook with a look at the Stock Market for 2023. Over the past three weeks, we have dived and given the forecast for different assets including FAANG stocks, Bitcoin (BTC), Ethereum (ETH), and the Nasdaq Composite (INDEXNASDAQ: .IXIC). One thing is sure…
FTX Attempts to Freeze Robinhood Shares as Creditors Swarm to Scoop $450M in HOOD Stock – Bitcoin News
Court filings show that debtors from FTX Trading Ltd. and Alameda Research want 56 million shares of Robinhood stock frozen after multiple creditors are seeking access to the funds, and also Sam Bankman-Fried (SBF). Court Filing Wants to ‘Enforce an Automatic Stay’ Against Claims Over FTX’s 56 Million Robinhood Shares On Dec. 22, 2022, court documents show that debtors from FTX want to freeze 56 million Robinhood shares owned by a subsidiary crafted by SBF called Emergent Fidelity Technologies. The debtors from FTX and Alameda have said that multiple entities…
Twitter Adds Crypto, Stock Prices in Search Results
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Tesla (TSLA) Stock Tanks Another 8% amid Concerns of Musk’s Focus on Twitter
Concerns that Elon Musk might further dilute his Tesla holdings to fund the Twitter acquisition have put the TSLA stock under a free fall. Tesla Inc (NASDAQ: TSLA) stock continues to be under a free fall and tanked another 8% on Tuesday, December 20, ending the trading at $137.80. Since Elon Musk‘s takeover of Twitter, Tesla stock has corrected by more than 40%. There has been a growing concern within the investor community about Musk’s increasing focus on his latest acquisition of Twitter. Thus, citing Elon Musk’s Twitter distraction, a…
Nike Announces Fiscal 2023 Q2 Results, NKE Stock Surges
Executive Vice President and Chief Financial Officer Matthew Friend added: “Consumer demand for NIKE’s portfolio of brands continues to drive strong business momentum in a dynamic environment. We remain focused on what we can control, and we are on track to deliver on our operational and financial goals — setting the foundation for sustainable, profitable growth.” For the full fiscal 2023, the company’s leaders are expecting the revenue to grow ‘low teens on a currency-neutral basis.’ According to Matthew Friend, Q3 revenue growth is likely to be higher than Q4 due…
Disney (DIS) Stock Slides 4.77% after ‘Avatar’ Opening Weekend Failed to Meet Expectations
Avatar: The Way of Water has brought Disney a revenue of $134 million at the domestic box office during its opening weekend, falling short of analysts’ expectations of $175 million and Disney’s forecast of between $135 million and $150 million. The Walt Disney Company (NYSE: DIS) stock closed Monday, December 19, trading at $85.78, down 4.30 percent from the day’s opening price. Disney did not hit the nail on the head during the opening box office weekend for James Cameron’s “Avatar: The Way of Water.” As such, the DIS stock…
Rivian (RIVN) Stock Price Forecast 2023: Coinspeaker Advent Calendar
Despite the threats of competition and the Fed’s hawkish monetary policies, Rivian has created a niche for itself and this presents it as a viable stock to hold for the long term. Dear readers, welcome to another exciting episode of our Coinspeaker Advent Calendar. Today, we take you into the world of Rivian Automotive Inc (NASDAQ: RIVN), an American electric vehicle manufacturer and automotive technology company founded in 2009. In a whole lot of ways, Rivian now stands out as one of the innovative Electric Vehicle (EV) startups with a…