Why Did Tesla Stock Jump 10% This Week?

    Key Points Lagging electric vehicle (EV) sales have continued for Tesla (NASDAQ: TSLA). This week, data from the European Automobile Manufacturers’ Association showed that the EV maker’s European sales plunged 48.5% in October compared to the same period last year. That new sales data didn’t hurt Tesla stock, though. Shares have jumped 9.8% this week…

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      IVV, NVDA, AAPL, MSFT: ETF Inflow Alert

      Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core S&P 500 ETF (Symbol: IVV) where we have detected an approximate $4.1 billion dollar inflow — that’s a 0.6% increase week over week in outstanding units (from 1,061,000,000 to 1,067,050,000). Among the largest…

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        The No. 1 Holding of Retail Investors on Robinhood Was Just Dumped (Again!) by Billionaire Philippe Laffont of Coatue Management

        Key Points The rise of artificial intelligence (AI) has lit a fire under Wall Street. The most commonly held stock on Robinhood’s investment platform is a company that has, thus far, unrivaled hardware in AI-accelerated data centers. However, Coatue Management’s billionaire boss has been paring down his fund’s stake in this company for two and…

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        Global stocks in meltdown as Wall Street bails out of crypto and AI: ‘The bubbly is on ice’

        Global stocks in meltdown as Wall Street bails out of crypto and AI: ‘The bubbly is on ice’

        Global stock markets sold off sharply this morning as investors continued to question whether the ‘Magnificent 7’ tech companies have fueled an unsustainable bubble in AI. The selling is brutal. Nasdaq 100 futures were down 0.36% this morning after losing 2.38% yesterday. S&P 500 futures were flat but volatile this morning, and the VIX volatility…

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