Will Elon Musk Buy a Silver Mine? Silver to $125 as EV Companies Drive Demand: Keith Neumeyer
Car companies are interesting in potentially acquiring silver mines, as vertical integration happens across sectors, says Keith Neumeyer, President and CEO of First Majestic Silver (NYSE: AG; TSX: FR). Neumeyer discusses how rising industrial demand will send the silver price to triple-digits, and why he is optimistic about gold in 2023. Source link
What CEOs Are Saying: ‘The Consumer Is Under Pressure’: WSJ
Here’s what leaders from Nasdaq, Microsoft, Tesla and elsewhere said about the economy, inflation and other topics this week. Source link
The automotive battle to watch isn’t Tesla; it’s China vs the world
China is certainly seen as the manufacturing hub of the world but there’s one area of global production that’s largely untouched and it’s the biggest one: Automotive. There aren’t many countries where you would see an Chinese built or designed vehicle on the roads but that may soon change, and it could be far more […]
Microsoft (MSFT Stock) and Tesla (TSLA Stock) earnings and the rise of Citadel [Video]
In this episode, we explain what you need to know from the first of the big tech companies to report their corporate earnings this season, Microsoft. We dive into the numbers and explain what they all mean and why investors are most interested in the performance of their cloud computing division. Elsewhere, Citadel has leaped […]
Elon Musk faces SEC probe for role in Tesla self-driving claims
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Market Spotlight: Tesla & US Core PCE
Risk Rallies on GDP Beat – PCE Up NextOn the back of better-than-forecast advanced Q4 GDP yesterday, traders are now looking to today’s US core PCE data to provide the final insight ahead of the FOMC next week. Given that the PCE data is the Fed’s preferred gauge of inflation, over CPI, the data is […]
Tesla Continues to Jump After Earnings Beat!
Tesla stock rose more than 5% after beating both earnings and revenue. Revenue came in at $24.32bn vs the $24.16bn expected. Boeing reported a $650 million operating loss in Q4 as shares slid more than 3%. This surprised Wall Street analysts who had expected them to turn a profit. Timestamps TSLA 01:45 BA 03:05 The […]
Market Update – January 26 – BOC Pause, TESLA Beat, USD at lows
Trading Leveraged Products is risky HK markets reopened today and rallied +2.15%, other Asian markets were softer following a weak handover form Wall Street (opened -1.6% but recovered to close flat) Gold remains at 9-mth highs and USD at 8-mth lows. The Dovish 25bp hike from the BOC hit the CAD (USDCAD hit 1.3430 from 1.3340); […]
Market Spotlight: Tesla Earnings in Focus Today
Tesla Up NextAs US earnings season rolls on, focus today lands on Elon Musk and Tesla. On the back of Musk’s eventual takeover of Twitter, and all the controversy surrounding it, traders are keen to see how Musk’s primary business performed over the period. On the numbers front, Wall Street is looking for an EPS […]
Americans Are Struggling To Pay Car Loans
By ZeroHedge – Jan 21, 2023, 2:00 PM CST Severely delinquent car loans are reaching the highest rate since the financial crisis of 2009. Cox Automotive: loans delinquent by more than two months increased by 5.3% and jumped 26.7% from a year ago. Cox Automotive said even though an increasing amount of people are […]