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Featured AlphaTack Intel Article
Japan Stocks Tumble After BOJ Holds Rates, Oil Prices Rise
Japanese stocks slumped for a third week, the longest losing streak since April, as oil prices surged following renewed attacks on energy infrastructure in the Middle East. The Bank of Japan kept interest rates on hold as expected at a policy meeting. The Nikkei 225...
– AlphaTack Intel Articles –
BYD $11,450 EV Hatchback Set to Reshape China’s First-Car Market
Feature-packed Seagull launches into midst of China price war Later version may carry cheaper, safer sodium-ion battery A new electric hatchback starting from just 78,800 yuan ($11,450) from BYD Co. is set to intensify competition in China’s already crowded...
Tesla Stock Has Second Worst Day In 2023 After Earnings As ‘This Keeps Investors Up At Night’
Tesla (TSLA) reported a big first-quarter earnings decline Wednesday night while revenue missed views. Profit margins for the global EV giant also fell below 20% as the company executes an aggressive price-slashing strategy. TSLA tumbled Thursday as a number of...
Tesla’s stock is plummeting. Here’s why one analyst thinks it’s ‘one of the most overvalued’ on the market and could drop another 80%
Tesla stock cratered nearly 10% on Thursday as investors assessed the impact of the electric vehicle giant’s aggressive price cuts and what CEO Elon Musk calls an “uncertain” economic environment. Tesla has slashed the prices of some of its most popular models six...
US Home Prices Fall Most in a Decade But Still Far From Affordable
US median selling price in March was 0.9% below year-ago level Houses are still expensive due to historically limited supply US housing prices are finally starting to come down, but not nearly enough for many aspiring buyers struggling to break into the market. The...
Tesla Increases Price of Model S, X in US After Shares Slump
The two still cost less than they did at end of first quarter Elon Musk has said he’ll sacrifice profit margins for growth Tesla Inc. increased prices of its Model S and X vehicles in the US after steep markdowns early this year took a toll on profitability and the...
Commercial Real Estate to Decline by Minimum 39% from all-time high
Based on the historical data and the high probability for the U.S. to have already or to soon enter a recession the real estate decline that is underway will be significant. Minimum declines for commercial and residential real estate will be 39% and residential 26.1%...