To The Moon

-- The stock market is having a sleepy trading session Tuesday ahead of Wednesday’s critical inflation data. But in the more obscure, speculative corners of the investing world the casino is rocking.Trump Vows ‘Day One’ Executive Order Targeting Offshore Wind. Biden Accuses China of ‘Cheating’ on Trade, Imposes New Tariffs. Macron Puts French Banks in Play With Plan to Transform Europe. Flood of China Used Cooking Oil Spurs Call to Hike US Levies. Five Under-the-Radar Billionaires Making Vast Fortunes inModi's India. The mania, which has spread to many of Wall Street’s most hated stocks, has shades of 2021’s meme stock craze, when cooped-up individual investors railed against short-selling hedge funds on forums like Reddit Inc.’s WallStreetBets and the chatroom StockTwits. But that was three years ago. Wall Street has since gotten privy to how these “Reddit Raiders” operate and created a blueprint to profit.Read more: GameStop Stock Surge Is a Long Way From 2021’s Meme-Stock Frenzy

April 30 (Reuters) - Elon Musk is thinning Tesla's senior management and laying off hundreds more employees, frustrated by falling sales and the pace of layoffs so far, The Information reported early

Tesla is betting its future on autonomy.

The FOMC met in January 2024, but it did not release the SEP projections. However, the FOMC statement deleted the reference to "policy firming" and included the following sentence:The Committee does not expect it will be appropriate to reduce the target range until it has gained greater confidence that inflation is moving sustainably toward 2 percent.The sentence above confirms that the Fed's next move is the interest rate cut. However, the timing of the eventual cut appears to be data-dependent

ZINGER KEY POINTSTesla is still the third largest holding of Ark's ARKK, having a 7.36% weighting in the flagship ETF.The recent weakness in Tesla stock is blamed on investor worries about a huge Q1 d