Tesla, Visa and Boeing are popping in pre market after reporting their earnings.
Specifically for Tesla, it’s quite amazing that it is rallying off a very poor earnings.
Sometimes, the market rallies on bad earnings could be because the bad results weren’t as bad as previously feared. Sometimes, peope buy into the “future growth” theory.
Whether all these rebounds are dead cat bounces, it remains to be seen.
Dramericanjesus
:
Tesla used a bullshit stock pump to keep it's stock price afloat after horrendous numbers. Some intern did a 5 minute mockup of a ride hailing service which will have a shitload of regulatory hurdles to overcome and is probably.no where near ready to deploy.
EverDust
:
Elon Musk is willing to do anything to secure his 56b compensation package, by pumping up stocks with unrealistic expectations, even the executives left one by one. That one stock to stay away from.
Dramericanjesus : Tesla used a bullshit stock pump to keep it's stock price afloat after horrendous numbers. Some intern did a 5 minute mockup of a ride hailing service which will have a shitload of regulatory hurdles to overcome and is probably.no where near ready to deploy.
Shroomie Dramericanjesus : that's a ceo that I want in my portfolio
Boris Johnson : almost fell asleep watching his video
EverDust : Elon Musk is willing to do anything to secure his 56b compensation package, by pumping up stocks with unrealistic expectations, even the executives left one by one. That one stock to stay away from.
MonkeyGee : at the end of the day, the news doesn't matter. The AI will move the stock in the direction with the least positions.