To The Moon

Tesla stock closed below key a support level Monday, leaving investors wondering where shares are headed next into the company's key first-quarter earnings report.Tesla stock dropped 5.6% Monday, losing almost $10 and closing at $161.48 following news that Tesla would lay off more than 10% of its 140,000-strong workforce. The S&P 500 and Nasdaq Composite fell 1.2% and 1.8%, respectively.The drop Monday took Tesla below technical support levels at about $164 a share. Support and resistance are terms used by traders and technical analysts. They represent levels where investors have been willing to buy, or sell, stock in the past.Breaking through a support level leaves investors looking for the next level where declines might stop. Fairlead Strategies cofounder Katie Stockton said $148 a share represents another level of support.Stockton isn't making a fundamental call on the stock. She looks at stock charts to suss out where shares can go over the short- and medium-term. Moving averages,

After reporting quarterly results on Jan. 30, shares in Alphabet experienced a moderate pullback in price.Don’t follow investors’ reaction to Google’s earnings and guidance updates.Alphabet’s AI catalysts could boost GOOG stock in the coming months.Post-earnings, investors bailed on Alphabet , but according to my Google stock analysis, there’s no need to head for the exits. Taking a closer look at the report itself, one thing’s clear. The results didn’t exactly warrant such a negative reaction.Although overall results beat forecasts, Alphabet’s advertising revenue during the quarter did not. Advertising revenue came in at $65.5 billion for the quarter. While representing a nearly 11% year-over-year increase, analysts were expecting ad revenue of $65.8 billion.Citi’s Ronald Josey, who increased his price target for GOOG from $153 to $168 per share, also cited “improving trends” for Alphabet’s non-search businesses, such as Google Cloud and YouTube. Given earnings forecasts, it’s easy t

The quest for a spot bitcoin ETF in the US started in 2013 though initially rejected. SEC approval for bitcoin ETFs based on futures began in 2021.$BlackRock(BLK)$ and Fidelity’s application for a spot bitcoin product gained momentum due to their influential positions in the US financial system.All these efforts made the approval possible in 2024.What are the advantages of spot Bitcoin ETF for retail investors?It introduces additional regulatory safeguards, providing a more secure investment environment.Investors gain the opportunity to invest through reputable financial institutions, adding a layer of credibility to the market.This simplifies the investment process, as investors can hold the ETFs directly in their brokerage accounts.Howe

Sea's stock has fallen by nearly 30% due to a slowdown in its gaming division, but the company's future in e-commerce and digital payments remains promising.The company's softer gaming revenue is offs

Tesla stock is taking off, but there is no splashy news event to explain it. The stock’s starting point, plus the cumulative impact of a few other factors, are behind the move.Stock in the electric-ve

Tesla stock picked up a new bearish rating, and it had an impact in morning trading.Tesla shares dropped more than 3% in morning trading.Thursday, according to ratings-aggregation services, HSBC launc