Shares of Airbnb Inc (NASDAQ: ABNB) are currently trading at less than the price at which they started the year – and that, as per Jim Cramer, is an opportunity…
New orders for durable goods fell 2.1 percent in November, following a 0.7 percent gain in October. Total durable-goods orders are up 10.6 percent from a year ago. The November…
Sales of new single-family homes rose again in November, increasing 5.8 percent to 640,000 at a seasonally-adjusted annual rate from a 605,000 pace in October. The November gain was the…
The final December results from the University of Michigan Surveys of Consumers show overall consumer sentiment improved for the month but remains near historically low levels (see first chart). The…
S&P 500 opened down again on Friday even after the U.S. Bureau of Economic Analysis said the core personal consumption expenditures price index continued to relax in November. What does…
Metacade, a GameFi project that aims to take gaming in the metaverse to the next level, is set to list on one of the world’s largest crypto exchanges BitMart. The…
The Bureau of Economic Analysis (BEA) released its Personal Income and Outlays report for November 2022, which showed that the PCE Price Index, the inflation gauge most closely tracked by…
Meta Platforms Inc (NASDAQ: META) is in focus this morning after the tech behemoth agreed to a $725 million settlement over a privacy lawsuit. Brief overview of the said lawsuit…
On April 23, 1985, the Coca-Cola Company made one of the biggest mistakes in American business history: it changed the formula for Coca-Cola. Outraged consumers sent hate mail to Coca-Cola…
Investing
Analyst reads full-fledged capitulation in Tesla as it becomes the most purchased stock
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Vanda research firm says that Tesla, Inc. (NASDAQ:TSLA) is set for a huge capitulation in 2023. That comes amid increased retail interest in the stock at low valuations. The electric…