Tesla call options that give the holders the right to buy the stock at $190 by tomorrow are seeing volume more than double Thursday from a day earlier as the shareholder vote on Elon Musk's pay package fueled increasing volatility.
The stock jumped as much as 7.7% to $191.08 in early trading after Tesla chief executive Elon Musk posted on X last night that the shareholder resolution for his $56 billion compensation i...

The U.S. money supply is contracting at the fastest pace since the Great Depression of 1930 in the wake of the banking crisis.
According to data released by the Federal Reserve on April 24, the U.S. M2 money supply (not seasonally adjusted) was $20.7 trillion in March, down 4.05% year-over-year and the largest year-over-year decline on record. This was almost twice the 2.2% decline in February and the fourth consecutive month of contraction for that...

Spoiler:
At the end of this post, there is a chance for you to win points!
Happy Monday, mooers! Welcome back to Weekly Buzz, where we review the news, performance, and community sentiment of the selected buzzing stocks on moomoo platform based on search and message volumes of last week! (Nano caps are excluded.)
Make Your Choices
Buzzing Stocks List & Mooers Comments
US stock markets had a lackluster performance on Friday and ended the week lower, with the...

Tesla's first quarter earnings triggered a near 10% sell-off Thursday, investors concerned about margins as the company continues to cut prices.
But that did not faze Ark Invest's Cathie Wood. She expected Tesla to hit $2000 a share by 2027 and bought over 256,000 shares of Tesla at an estimated valuation of over $41.7 million based on Thursday's closing price.
Tesla's prospective robotaxi business line is a key driver, contrib...

Elon Musk called Bill Gates' understanding of AI "limited" in a tweet on Monday.
Microsoft invested $1 billion into OpenAI in 2019, about a year after Musk left its board.
Gates wrote a seven-page letter about the potential of AI last week.
"I remember the early meetings with Gates," Musk tweeted. "His understanding of AI was limited. Still is."
In a blog post published last week, Gates wrote about how AI could transform the workforce, hea...

Does the announcement of the CS and SVB acquisitions mean that the banking industry's winter is ending?
Spoiler:
At the end of this post, there is a chance for you to win points!
Happy Monday, mooers! Welcome back to Weekly Buzz, where we review the news, performance, and community sentiment of the selected buzzing stocks on moomoo platform based on search and message volumes of last week! (Nano caps are excluded).
Make Your Choices
Buzzing Stocks List &...

Tesla is poised to report one of its best quarters in China, the latest retail sales data showed, after becoming the first electric vehicle maker in the country to cut prices in a bid to defend its market share.
The U.S. EV maker's retail sales in China totaled 106,915 units from Jan. 1 to March 19, or 1,371 units per day on average, which tracks car insurance registrations.
Tesla's growth pace, however, is yet to catch up with BYD , which outsold...

Hey, mooers!
After learning about the basics of Volume-Weighted Average Price (VWAP), now it's time to find out how it can assist traders in real cases.
Support/Resistance
*For illustrative purposes only. Not a recommendation of a specific security or investment strategy. Past performance is not indicative of future results.
Intraday traders favor the VWAP indicator because they usually find the support or r...

Hi, mooers! Welcome back to the 12th session of the Technical Analysis Challenge!
Today, we'd like to introduce a new indicator called Volume-Weighted Average Price (VWAP), which measures the average asset price weighted by the total trading volume. Traders and chartists favor it in intraday trading. Even institutions and fund managers use VWAP to gauge the quality of their order fills. You don't want to miss it in your...