The YieldMax TSLA Option Income Strategy ETF (TSLY) ETF jumped by 8.135% in the extended hours after Tesla published strong financial results and provided an exciting update of its business. Similarly, the closely-watched Direxion Daily TSLA Bull 2X Shares ETF (TSLL) ETF jumped by 24% to $11.18. Before that, the…
AMC Entertainment’s (AMC) stock price has moved sideways in the past few months as investors assess its performance. It has remained at the $4 mark since May, meaning that it has dropped by 30% this year. AMC bonds are also not doing so well. As shown below, the yield of…
Rivian (RIVN) stock price has continued to underperform the market this year after the company lowered its guidance. It has crashed by 56% in 2024, while other EV companies have pared back their earlier losses. This retreat has brought its market cap to over $10 billion. Rivian has underperformed other…
NatWest (NWG) share price has done well this year as the UK economy has remained more resilient than expected. It jumped to the year-to-date high of 365.2p in July, and then retreated to 303p as the Japanese yen carry trade unwind happened in August. It then bounced back and retested…
Taiwan Semiconductor Manufacturing Company (TSMC) has firmly denied being investigated by US authorities over its dealings with Huawei, following reports that its chips were found in the Chinese tech giant’s products. The world’s largest contract chipmaker has stressed its commitment to adhering to all relevant export control laws, dismissing claims…
Goldman Sachs Group Inc. has downgraded its outlook on Indian equities from overweight to neutral, citing concerns about weakening economic growth and corporate earnings. The downgrade comes as India’s key stock indices experience sharp declines, with the NSE Nifty 50 Index seeing its steepest monthly fall since the onset of…
Tilray Brands (TLRY) stock price has gone nowhere in the past few months. It has found a strong support level at $1.61, where it has failed to move below since November last year. It remains about 50% below the highest point in 2023, and is 97% below the 2021 high. …
Deutsche Bank, Germany’s largest lender, returned to profit in the third quarter, reporting a net income of €1.461 billion ($1.58 billion) attributable to shareholders. This surpasses the €1.047 billion forecast by analysts polled by LSEG. The bank’s Q3 performance marks a turnaround from a €143 million loss in the previous…
Lloyds Banking Group announced on Wednesday that its third-quarter profits exceeded expectations, reflecting growing financial confidence among its customers and reaffirming its performance guidance for 2024. The UK’s largest mortgage lender reported a statutory pretax profit of £1.8 billion ($2.34 billion) for the period from July to September. While this…
AppLovin Corp (NASDAQ: APP) continues its remarkable ascent, hitting new all-time highs daily, including a peak of $163.13 yesterday. On October 22, Loop Capital initiated coverage on the stock with a ‘Buy’ rating and a $181 price target. Analyst Rob Sanderson emphasized AppLovin’s indispensable role in the mobile gaming industry…