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$EBET Inc (EBET.US)$ this mofo is bs
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$Tesla (TSLA.US)$
Tesla's ferocious momentum may stop; the two roadblocks should not be underestimated
Global Market Report· 10/02 11:423 min
Tesla (TSLA.US)
257.518
+4.46%
Source: Global Market Report
$Tesla (TSLA.US) $Car delivery records have been set for four consecutive quarters, but this booming momentum may have to stop in the last three months because the factory has partially shut down.
Tesla shut down some of its facilities during the summer to upgrade its production line. Musk previously warned that this would slow production. Furthermore, as inflation continues to impact household budgets, consumers' willingness to buy bulky items is declining.
Analysts surveyed expect Tesla to announce 456,722 car deliveries for the third quarter as early as Monday, down from 466140 in the second quarter, which means the first drop in deliveries since the beginning of 2022. In recent days, some analysts have lowered their expectations.
Robert W. Baird analyst Ben Kallo wrote in a research report to clients this week that “planned factory shutdowns and demand factors make Wall Street uncertain about Tesla's third-quarter deliveries.” Kallo estimates that delivery volume for the quarter was 439,200 vehicles.
After telling investors in January that Tesla might produce 2 million cars in 2023, Musk said in July that the company would stick to its previous production target of 1.8 million vehicles.
But even if production is slowing down...
Tesla's ferocious momentum may stop; the two roadblocks should not be underestimated
Global Market Report· 10/02 11:423 min
Tesla (TSLA.US)
257.518
+4.46%
Source: Global Market Report
$Tesla (TSLA.US) $Car delivery records have been set for four consecutive quarters, but this booming momentum may have to stop in the last three months because the factory has partially shut down.
Tesla shut down some of its facilities during the summer to upgrade its production line. Musk previously warned that this would slow production. Furthermore, as inflation continues to impact household budgets, consumers' willingness to buy bulky items is declining.
Analysts surveyed expect Tesla to announce 456,722 car deliveries for the third quarter as early as Monday, down from 466140 in the second quarter, which means the first drop in deliveries since the beginning of 2022. In recent days, some analysts have lowered their expectations.
Robert W. Baird analyst Ben Kallo wrote in a research report to clients this week that “planned factory shutdowns and demand factors make Wall Street uncertain about Tesla's third-quarter deliveries.” Kallo estimates that delivery volume for the quarter was 439,200 vehicles.
After telling investors in January that Tesla might produce 2 million cars in 2023, Musk said in July that the company would stick to its previous production target of 1.8 million vehicles.
But even if production is slowing down...
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Nonfarm payrolls increased by 336,000 for the month, much better than the Dow Jones consensus estimate for 170,000, the Labor Department said Friday.
Bond yields popped and stock futures fell in reaction as the strong numbers could allow the Federal Reserve to keep hiking rates.
There was some good news on the inflation front in the report, however. Average hourly earnings increase 0.2% for the month and 4.2% from a year ago, compared to respective estimat...
Bond yields popped and stock futures fell in reaction as the strong numbers could allow the Federal Reserve to keep hiking rates.
There was some good news on the inflation front in the report, however. Average hourly earnings increase 0.2% for the month and 4.2% from a year ago, compared to respective estimat...
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Apple $Apple (AAPL.US)$ CEO Tim Cook dumped 240,500 AAPL shares worth >$41mn in his largest stock sale since 2021" after realizing nothing has changed in an iphone to stimulate demand in 3 years outside of old USB C tech, overheating titanium shell😀, and periscope
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The U.S. dollar index hit a high of 106.828 on Friday following the September jobs report. That was still off its high from earlier in the week, when it rose to its highest level since Nov. 23, 2022.
Meanwhile, gold fell to a low of $1,823.50, its lowest level since Mar. 9. Gold is on pace to end the week down more than 2%, which would make it its third consecutive weekly loss. Gold miners (GDX) were lower by 1.3% in premarket trading, with Coeur Mini...
Meanwhile, gold fell to a low of $1,823.50, its lowest level since Mar. 9. Gold is on pace to end the week down more than 2%, which would make it its third consecutive weekly loss. Gold miners (GDX) were lower by 1.3% in premarket trading, with Coeur Mini...
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30-day fed funds futures pricing data on the Chicago Mercantile Exchange suggest a more than 45% probability that the Federal Reserve will raise its benchmark lending rate by a quarter-point, or perhaps as much as half a point, by the end of its December policy meeting.
On Thursday, the chance of further tightening stood at just 33.1%, according to the CME FedWatch tool. The probability is derived from the actions of traders...
On Thursday, the chance of further tightening stood at just 33.1%, according to the CME FedWatch tool. The probability is derived from the actions of traders...
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While U.S. banned $Huawei Hongmong (BK0795)$ to protect $Apple (AAPL.US)$ , Huawei beat Apple to make electric vehicles. It also beat $Tesla (TSLA.US)$ to CHEAPER AND BETTER EVs. U.S. protectionist policies caused $AAPL and $TSLA product quality to go down AND accelerated Musk’s cognitive decline....
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The economics of US debt are disturbing.
Another way to look at this could be Inflation and losing its position as the global currency will allow the dollar to devalue, which might end up helping them service debt in the future.
Counterintuitive this, with all the noise about fighting to retain the global currency of trade title.
Thoughts?
$Dow Jones Industrial Average (.DJI.US)$ $Nasdaq Composite Index (.IXIC.US)$ $S&P 500 Index (.SPX.US)$ $Invesco QQQ Trust (QQQ.US)$ $SPDR S&P 500 ETF (SPY.US)$
Another way to look at this could be Inflation and losing its position as the global currency will allow the dollar to devalue, which might end up helping them service debt in the future.
Counterintuitive this, with all the noise about fighting to retain the global currency of trade title.
Thoughts?
$Dow Jones Industrial Average (.DJI.US)$ $Nasdaq Composite Index (.IXIC.US)$ $S&P 500 Index (.SPX.US)$ $Invesco QQQ Trust (QQQ.US)$ $SPDR S&P 500 ETF (SPY.US)$
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