stock
47,994 megtekintés
38 Bejegyzések
Népszerű
Legfrissebb
LIVEVaziTrades
--
#PCC - Put Call Ratio hit 2.4 level
Whenever it was reaching these highs, it meant either significant crash or local bottom
Also #NDX shows strong bullish candle on 3D
But it needs to flip above 18353$
It should have breakout - retest - consolidation, only after that we may consider it as a bullish setup.
Otherwise #NDX may reject, or show false breakout, in this case #NDX goes lower to full-fill gaps
and only #VVIX makes me worry. It dumps pretty fast.
Thursday - Friday will be for me important days to look at. Bullish W close, will change markets further scenarios
Follow me here or in my X @VaziTrades to get more setups
Whenever it was reaching these highs, it meant either significant crash or local bottom
Also #NDX shows strong bullish candle on 3D
But it needs to flip above 18353$
It should have breakout - retest - consolidation, only after that we may consider it as a bullish setup.
Otherwise #NDX may reject, or show false breakout, in this case #NDX goes lower to full-fill gaps
and only #VVIX makes me worry. It dumps pretty fast.
Thursday - Friday will be for me important days to look at. Bullish W close, will change markets further scenarios
Follow me here or in my X @VaziTrades to get more setups
Rising interest rates weigh on technology stocks, while energy stocks rise against the trend.😍
Unsurprisingly, tech and interest rate sensitive stocks performed the past week on the dramatic blow out in rates, and energy was the lone positive sector with oil futures up a whopping 20% from their late June lows. The combination of sticky inflationary pressures, further, oil production cuts from Saudia Arabia and OPEC+ countries, and record lows in the US's Strategic Petroleum Reserve (SPR) have fueled the move in crude, with the squeeze likely to continue in the near future.
#stock #energy #inflation #SaudiArabia #OPEC
Unsurprisingly, tech and interest rate sensitive stocks performed the past week on the dramatic blow out in rates, and energy was the lone positive sector with oil futures up a whopping 20% from their late June lows. The combination of sticky inflationary pressures, further, oil production cuts from Saudia Arabia and OPEC+ countries, and record lows in the US's Strategic Petroleum Reserve (SPR) have fueled the move in crude, with the squeeze likely to continue in the near future.
#stock #energy #inflation #SaudiArabia #OPEC
Crypto Currencies: Complex Relationship with Global Markets (stock - gold - oil - dollar)
Digital currencies have emerged as one of the most significant economic developments in the past decade, revolutionizing the world of finance and business. However, the relationship between digital currencies and global markets remains intricate and far from clear-cut.
The Relationship with Global Markets
Digital currencies are closely intertwined with global markets, exerting influence on the performance of stocks, bonds, and commodities. For instance, when digital currency prices rise, this often leads to an uptick in stock prices, as investors perceive digital currencies as an attractive alternative to investing in stocks.
In general, the relationship between digital currencies and global markets can be categorized into three classes:
Positive Relationship: Digital currency prices rise with increasing stock prices.
Negative Relationship: Digital currency prices fall when stock prices decline.
Unrelated Relationship: Digital currency prices are unaffected by stock prices.
The Relationship with the Gold and Oil Markets
Digital currencies also have a connection with the gold and oil markets, as these commodities serve as appealing alternatives for investors in the digital currency space. When digital currency prices drop, this often results in higher gold and oil prices, as investors seek safe havens for their capital.
Broadly speaking, the relationship between digital currencies and the gold and oil markets can be divided into three categories:
Positive Relationship: Digital currency prices rise with increasing gold and oil prices.
Negative Relationship: Digital currency prices fall when gold and oil prices decline.
Unrelated Relationship: Digital currency prices are unaffected by gold and oil prices.
The Relationship with U.S. Dollar and Interest Rates
Digital currencies are also linked to the U.S. dollar and interest rates, with these factors playing crucial roles in influencing the value of digital currencies. When the U.S. dollar strengthens, it often leads to a decrease in digital currency prices, as investors favor currencies with greater purchasing power.
In general, the relationship between digital currencies and U.S. dollar and interest rates can be categorized into three classes:
Inverse Relationship: Digital currency prices decline as the U.S. dollar and U.S. interest rates rise.
Direct Relationship: Digital currency prices rise when the U.S. dollar and U.S. interest rates fall.
Unrelated Relationship: Digital currency prices are unaffected by U.S. dollar and interest rates.
The relationship between digital currencies and global markets is intricate and far from straightforward. Nevertheless, it is evident that digital currencies have become an economic force that cannot be ignored, and they are expected to continue impacting global markets in the future.
Other Intriguing Topics
Don't forget to follow up and suggest to us in the comments the topic for the next discussion from these topics.
The Future of Digital Currencies
Legal Regulation of Digital Currencies
Risks and Benefits of Digital Currencies
Applications of Digital Currencies
#gold #doller #crypto2023 #stock
The Relationship with Global Markets
Digital currencies are closely intertwined with global markets, exerting influence on the performance of stocks, bonds, and commodities. For instance, when digital currency prices rise, this often leads to an uptick in stock prices, as investors perceive digital currencies as an attractive alternative to investing in stocks.
In general, the relationship between digital currencies and global markets can be categorized into three classes:
Positive Relationship: Digital currency prices rise with increasing stock prices.
Negative Relationship: Digital currency prices fall when stock prices decline.
Unrelated Relationship: Digital currency prices are unaffected by stock prices.
The Relationship with the Gold and Oil Markets
Digital currencies also have a connection with the gold and oil markets, as these commodities serve as appealing alternatives for investors in the digital currency space. When digital currency prices drop, this often results in higher gold and oil prices, as investors seek safe havens for their capital.
Broadly speaking, the relationship between digital currencies and the gold and oil markets can be divided into three categories:
Positive Relationship: Digital currency prices rise with increasing gold and oil prices.
Negative Relationship: Digital currency prices fall when gold and oil prices decline.
Unrelated Relationship: Digital currency prices are unaffected by gold and oil prices.
The Relationship with U.S. Dollar and Interest Rates
Digital currencies are also linked to the U.S. dollar and interest rates, with these factors playing crucial roles in influencing the value of digital currencies. When the U.S. dollar strengthens, it often leads to a decrease in digital currency prices, as investors favor currencies with greater purchasing power.
In general, the relationship between digital currencies and U.S. dollar and interest rates can be categorized into three classes:
Inverse Relationship: Digital currency prices decline as the U.S. dollar and U.S. interest rates rise.
Direct Relationship: Digital currency prices rise when the U.S. dollar and U.S. interest rates fall.
Unrelated Relationship: Digital currency prices are unaffected by U.S. dollar and interest rates.
The relationship between digital currencies and global markets is intricate and far from straightforward. Nevertheless, it is evident that digital currencies have become an economic force that cannot be ignored, and they are expected to continue impacting global markets in the future.
Other Intriguing Topics
Don't forget to follow up and suggest to us in the comments the topic for the next discussion from these topics.
The Future of Digital Currencies
Legal Regulation of Digital Currencies
Risks and Benefits of Digital Currencies
Applications of Digital Currencies
#gold #doller #crypto2023 #stock
📊 Trading volumes across crypto exchanges are at their lowest levels since 2020.
#binancepizza #googleai #feedfeverchallenge #BTC #stock
#binancepizza #googleai #feedfeverchallenge #BTC #stock
Global stock markets are facing a dual challenge😲
While Chinese equities sold off on continued pessimism over local activity, US equities similarly faltered as higher rates are starting to give stock investors concerns again, especially considering that the gap between 10y real rates (inflation-adjusted) and SPX 12-month forward PE multiple remains wide. SPX futures touched a one-month low yesterday with regional banks (-3%) and energy (-2%) particularly hard hit. Technically speaking, futures should support around the 4450 level, especially with the bearish China sentiment feeling a bit overdone in the interim; however, the longer-term move will likely depend on where longer-term bond yields go from here, and whether we'll have another 'taper-tantrum' special in the fall as a more ominous development.
#stock #SPX #bank #bond #equity
While Chinese equities sold off on continued pessimism over local activity, US equities similarly faltered as higher rates are starting to give stock investors concerns again, especially considering that the gap between 10y real rates (inflation-adjusted) and SPX 12-month forward PE multiple remains wide. SPX futures touched a one-month low yesterday with regional banks (-3%) and energy (-2%) particularly hard hit. Technically speaking, futures should support around the 4450 level, especially with the bearish China sentiment feeling a bit overdone in the interim; however, the longer-term move will likely depend on where longer-term bond yields go from here, and whether we'll have another 'taper-tantrum' special in the fall as a more ominous development.
#stock #SPX #bank #bond #equity
Stock market rebound is hindered, and technical indicators show a rare downward trend.😯
Stock markets tried to stage yet another 'goldilocks rally', as the jobs number was seen to be lukewarm enough to keep the Fed from any further raises. But markets saw an abrupt selling after 1pm NYT mark, with the SPX dropping a swift 1.5% on no news, a technically bearish price action that we haven't really observed since the rally began in March. After post Q2 earnings, Apple has completely broken YTD trendline to the downside, equity VIX has also spiked from its 4-month slumber. Now most market participants are bullish and long exposures are back to historic highs, might a temporary equity market peak precede a challenging fall? Time will reveal, with Wednesday's CPI potentially adding a crucial piece.
#stock #YTD #SPX #CPI #Apple
Stock markets tried to stage yet another 'goldilocks rally', as the jobs number was seen to be lukewarm enough to keep the Fed from any further raises. But markets saw an abrupt selling after 1pm NYT mark, with the SPX dropping a swift 1.5% on no news, a technically bearish price action that we haven't really observed since the rally began in March. After post Q2 earnings, Apple has completely broken YTD trendline to the downside, equity VIX has also spiked from its 4-month slumber. Now most market participants are bullish and long exposures are back to historic highs, might a temporary equity market peak precede a challenging fall? Time will reveal, with Wednesday's CPI potentially adding a crucial piece.
#stock #YTD #SPX #CPI #Apple
🚨 JUST IN: #Apple explores launching built-in #stock trading on iPhones.
Hey Tim Cook , what about #Crypto trading? 🤔
#trading #cryptonews
Hey Tim Cook , what about #Crypto trading? 🤔
#trading #cryptonews
Hong Kong's ZA Bank is actively developing its Web3 business, aiming to achieve balance of payment as soon as possible. Xian Diyun, the bank's acting chief executive, stated that 60 to 70 Web3 companies have already opened operating accounts, while another 20 to 30 are under approval. These operating accounts, which cannot handle customer assets, are designed to facilitate company operations in Hong Kong, such as paying for utilities, managing company capital, and #applying for a Securities and Futures Commission license.
In addition to #Web3 businesses, the #bank plans to launch U.S. #stock products and Hong Kong stock #investment products within the year.
$BTC $ETH $BNB
In addition to #Web3 businesses, the #bank plans to launch U.S. #stock products and Hong Kong stock #investment products within the year.
$BTC $ETH $BNB
Increased volatility in the US stock market, awaiting non-farm payroll data on Friday.🤔
Speaking of expensive, this current widening of US real rates (wider) has increased its cross-asset divergence against equities, as reflected in the form of a widening gap between forward SPX PE ratio and real rates. US equities did finally have a down day as the SPX closed down -1.4%, led by weakness in tech and consumer names as bond yields blew out. However, with NFP on deck for Friday, and Apple due to report after the market close today, we would expect the next bigger move in equities to be driven off these releases.
#stock #US #SPX #Apple #equities
Speaking of expensive, this current widening of US real rates (wider) has increased its cross-asset divergence against equities, as reflected in the form of a widening gap between forward SPX PE ratio and real rates. US equities did finally have a down day as the SPX closed down -1.4%, led by weakness in tech and consumer names as bond yields blew out. However, with NFP on deck for Friday, and Apple due to report after the market close today, we would expect the next bigger move in equities to be driven off these releases.
#stock #US #SPX #Apple #equities
1. Nvidia, a prominent tech company, has posted Q2 revenue of $13.51 billion, exceeding the projected $11.19 billion.
2. This #revenue beat has led to a rise in Nvidia's #stock price.
3. The positive outcome has also had a favorable influence on #AI-associated #cryptocurrencies like FET, RNDR, and AGIX.
4. These cryptocurrencies have seen gains of more than 4% in the last 24 hours.
5. #Nvidia's strong financial performance has triggered a chain reaction of positive impacts on both its stock and AI-related crypto markets.
$FET $RNDR $AGIX
2. This #revenue beat has led to a rise in Nvidia's #stock price.
3. The positive outcome has also had a favorable influence on #AI-associated #cryptocurrencies like FET, RNDR, and AGIX.
4. These cryptocurrencies have seen gains of more than 4% in the last 24 hours.
5. #Nvidia's strong financial performance has triggered a chain reaction of positive impacts on both its stock and AI-related crypto markets.
$FET $RNDR $AGIX
Sentiment indicators improve, focusing on PCE and non-farm data👀
Compared to yesterday, fixed markets were much quieter just ahead of month-end, with bond yields hanging around unchanged, while stocks squeezed further on the ol' goldilocks theme once again. After a long-August, a certain number of sentiment indicators have flipped positive again, with the bulls-bear gear index flipping to positive on the MSCI in recent days, on the back of the piece-meal stimulus plans out of China as well as the (welcomed?) softening in economic momentum.
Market activity should continue to stay light as we head into the labour day long weekend, with the market eager to get past today's PCE release and NFP on Friday in a positive manner. We expect position de-risking to be the main theme heading into the end of the week, as participants reload for what is usually a volatile September for risk markets.
#PCE #bond #stock #MSCI #NFP
Compared to yesterday, fixed markets were much quieter just ahead of month-end, with bond yields hanging around unchanged, while stocks squeezed further on the ol' goldilocks theme once again. After a long-August, a certain number of sentiment indicators have flipped positive again, with the bulls-bear gear index flipping to positive on the MSCI in recent days, on the back of the piece-meal stimulus plans out of China as well as the (welcomed?) softening in economic momentum.
Market activity should continue to stay light as we head into the labour day long weekend, with the market eager to get past today's PCE release and NFP on Friday in a positive manner. We expect position de-risking to be the main theme heading into the end of the week, as participants reload for what is usually a volatile September for risk markets.
#PCE #bond #stock #MSCI #NFP
Largest companies by market cap👇
🇺🇸 Apple: $2.831 trillion
🇺🇸 Microsoft: $2.429 trillion
🇸🇦 Saudi Aramco: $2.236 trillion
🇺🇸 Alphabet: $1.673 trillion
🇺🇸 Amazon: $1.398 trillion
🇺🇸 NVIDIA: $1.163 trillion
🇺🇸 Berkshire: $776 billion
🇺🇸 Meta: $757 billion
🇺🇸 Tesla: $751 billion
🇺🇸 Eli Lilly: $525 billion
🇺🇸 Visa: $503 billion
🇹🇼 TSMC: $488 billion
🇺🇸 UnitedHealth: $455 billion
🇫🇷 LVMH: $450 billion
🇺🇸 Exxon Mobil: $428 billion
🇺🇸 JPMorgan Chase: $428 billion
🇺🇸 Johnson & Johnson: $427 billion
🇺🇸 Walmart: $425 billion
🇩🇰 Novo Nordisk: $425 billions
🇨🇳 Tencent: $392 billion
🇺🇸 Mastercard: $377 billion
🇺🇸 Broadcom: $361 billion
🇺🇸 Procter & Gamble: $361 billion
🇰🇷 Samsung: $339 billion
🇺🇸 Home Depot: $326 billion
🇨🇭 Nestle: $320 billion
🇺🇸 Oracle: $319 billion
🇨🇳 Kweichow Moutai: $313 billion
🇺🇸 Chevron: $303 billion
🇺🇸 Merck: $288 billion
🇳🇱 ASML: $266 billion
🇺🇸 Coca-Cola: $260 billion
🇺🇸 AbbVie: $259 billion
🇺🇸 PepsiCo: $245 billion
🇺🇸 Adobe: $242 billion
🇺🇸 Costco: $239 billion
🇦🇪 IHC: $239 billion
🇨🇭 Roche: $239 billion
🇫🇷 L’Oréal: $236 billion
🇨🇳 Alibaba: $228 billion
🇺🇸 Cisco: $228 billion
🇺🇸 Bank of America: $226 billion
🇯🇵 Toyota: $224 billion
🇫🇷 Hermès: $218 billion
🇬🇧 AstraZeneca: $214 billion
🇨🇭 Novartis: $212 billion
🇨🇳 ICBC: $211 billion
🇺🇸 Thermo Fisher Scientific: $210 billion
🇺🇸 Pfizer: $206 billion
🇺🇸 McDonald: $205 billion
🇺🇸 Salesforce: $203 billion
🇮🇳 Reliance Industries: $203 billion
🇬🇧 Shell: $202 billion
🇮🇪 Accenture: $199 billion
🇺🇸 Netflix: $189 billion
#stock
#crypto2023
$BTC
$ETH
$BNB
🇺🇸 Apple: $2.831 trillion
🇺🇸 Microsoft: $2.429 trillion
🇸🇦 Saudi Aramco: $2.236 trillion
🇺🇸 Alphabet: $1.673 trillion
🇺🇸 Amazon: $1.398 trillion
🇺🇸 NVIDIA: $1.163 trillion
🇺🇸 Berkshire: $776 billion
🇺🇸 Meta: $757 billion
🇺🇸 Tesla: $751 billion
🇺🇸 Eli Lilly: $525 billion
🇺🇸 Visa: $503 billion
🇹🇼 TSMC: $488 billion
🇺🇸 UnitedHealth: $455 billion
🇫🇷 LVMH: $450 billion
🇺🇸 Exxon Mobil: $428 billion
🇺🇸 JPMorgan Chase: $428 billion
🇺🇸 Johnson & Johnson: $427 billion
🇺🇸 Walmart: $425 billion
🇩🇰 Novo Nordisk: $425 billions
🇨🇳 Tencent: $392 billion
🇺🇸 Mastercard: $377 billion
🇺🇸 Broadcom: $361 billion
🇺🇸 Procter & Gamble: $361 billion
🇰🇷 Samsung: $339 billion
🇺🇸 Home Depot: $326 billion
🇨🇭 Nestle: $320 billion
🇺🇸 Oracle: $319 billion
🇨🇳 Kweichow Moutai: $313 billion
🇺🇸 Chevron: $303 billion
🇺🇸 Merck: $288 billion
🇳🇱 ASML: $266 billion
🇺🇸 Coca-Cola: $260 billion
🇺🇸 AbbVie: $259 billion
🇺🇸 PepsiCo: $245 billion
🇺🇸 Adobe: $242 billion
🇺🇸 Costco: $239 billion
🇦🇪 IHC: $239 billion
🇨🇭 Roche: $239 billion
🇫🇷 L’Oréal: $236 billion
🇨🇳 Alibaba: $228 billion
🇺🇸 Cisco: $228 billion
🇺🇸 Bank of America: $226 billion
🇯🇵 Toyota: $224 billion
🇫🇷 Hermès: $218 billion
🇬🇧 AstraZeneca: $214 billion
🇨🇭 Novartis: $212 billion
🇨🇳 ICBC: $211 billion
🇺🇸 Thermo Fisher Scientific: $210 billion
🇺🇸 Pfizer: $206 billion
🇺🇸 McDonald: $205 billion
🇺🇸 Salesforce: $203 billion
🇮🇳 Reliance Industries: $203 billion
🇬🇧 Shell: $202 billion
🇮🇪 Accenture: $199 billion
🇺🇸 Netflix: $189 billion
#stock
#crypto2023
$BTC
$ETH
$BNB
✍️The period when to invest! According to the Samuel Benner!
The stock and crypto market experienced the same character with a moment upside down. However, over time it often indicates an upward trend due to many factors, one of which is the continuation of money printing. According to Samuel's concept that was writing in the 1880s, he predicted the stock movement which presented as follows:
- A: A year where a huge panic might begin again, E.g Market Crash in 1927, 1945, 1999, 2019, and prediction of 2035, 2053. What is it for investors? Time to preserve capital.
- B: A year of a bull market: Time to sell.
- C: Good year to accumulate assets that are on sale.
#stock #crypto
The stock and crypto market experienced the same character with a moment upside down. However, over time it often indicates an upward trend due to many factors, one of which is the continuation of money printing. According to Samuel's concept that was writing in the 1880s, he predicted the stock movement which presented as follows:
- A: A year where a huge panic might begin again, E.g Market Crash in 1927, 1945, 1999, 2019, and prediction of 2035, 2053. What is it for investors? Time to preserve capital.
- B: A year of a bull market: Time to sell.
- C: Good year to accumulate assets that are on sale.
#stock #crypto
Hamas attack on Israel disrupts market calm☕
However, the market calm would not last, as this weekend saw an unprecedented attack by the Hamas Group on Israel, leading to concerns of a more entrenched conflict in the region and risks of another war. The last Israeli intelligence of this magnitude led to the Yom Kippur War in 1973, which saw dramatic rallies in oil (less supply) and gold (flight to quality), a jump in bond yields (inflation), and a corresponding sell off in equities. This time around, markets are relatively more reserved, as we are opening Monday morning with a small pop in oil/gold/bond prices and a mild -0.6% sell off in stocks. Outside of the human tragedy associated with all kinetic conflicts, the market's major focus will be on oil supply, and whether the current attack significantly unwinds the Middle East detente that the world has strived to broker in recent years. We pray that conflicts can de-escalate quickly to minimize the toll on human losses.
#Oil #Gold #BondYields #stock #finance
However, the market calm would not last, as this weekend saw an unprecedented attack by the Hamas Group on Israel, leading to concerns of a more entrenched conflict in the region and risks of another war. The last Israeli intelligence of this magnitude led to the Yom Kippur War in 1973, which saw dramatic rallies in oil (less supply) and gold (flight to quality), a jump in bond yields (inflation), and a corresponding sell off in equities. This time around, markets are relatively more reserved, as we are opening Monday morning with a small pop in oil/gold/bond prices and a mild -0.6% sell off in stocks. Outside of the human tragedy associated with all kinetic conflicts, the market's major focus will be on oil supply, and whether the current attack significantly unwinds the Middle East detente that the world has strived to broker in recent years. We pray that conflicts can de-escalate quickly to minimize the toll on human losses.
#Oil #Gold #BondYields #stock #finance
Rising interest rates suppress the stock market, with technology stocks leading the drop😿
The higher-for-longer narrative continued to weigh heavily on equities, particularly on high-growth sectors and unprofitable companies. Energy was the only SPX subsector to be in the green yesterday, with Tech (-1%) and consumers (-1.6%) leading the move lower yesterday. Citi's index of "unprofitable tech" index fell by -3.3% yesterday, while the Russell 2000 dropped for the 8th consecutive session to the lowest levels since July.
#interestrates #technology #stock #energy #SPX500
The higher-for-longer narrative continued to weigh heavily on equities, particularly on high-growth sectors and unprofitable companies. Energy was the only SPX subsector to be in the green yesterday, with Tech (-1%) and consumers (-1.6%) leading the move lower yesterday. Citi's index of "unprofitable tech" index fell by -3.3% yesterday, while the Russell 2000 dropped for the 8th consecutive session to the lowest levels since July.
#interestrates #technology #stock #energy #SPX500
Wow so the S&P almost hit my target that I drew just yesterday. I called this move on the S&P yesterday. Monster move to the upside!! They are gonna have to print that money, when they raise the debt ceiling they are gonna print more money...out of control!!
#BTC #stock #crypto2023 #dyor #Binance
#BTC #stock #crypto2023 #dyor #Binance
How Much Bitcoin is Tesla Currently Holding?
#CFX In Tesla's Q4 report, the company maintains a steadfast Bitcoin investment of 9,720 BTC, demonstrating resilience amidst a varied financial performance that yielded a total revenue of $25.2 billion.In the latest financial reports, Tesla, the electric vehicle giant, disclosed impressive figures, with a total revenue of $25.2 billion and an operating profit of $2.1 billion. Noteworthy is Tesla's abstention from both Bitcoin purchases and sales in the quarter under review.Securing its standing for the sixth consecutive quarter, Tesla currently holds 9,720 #BTC in its Bitcoin portfolio The company's initial venture into the world of Bitcoin took place in February 2021, spearheaded by CEO Elon Musk, who directed a substantial investment of $1.5 billion, triggering a significant surge in the cryptocurrency's value.Building on this bold initiative, Tesla strategically liquidated a portion of its Bitcoin holdings to assess market liquidity, resulting in the remaining holdings being valued at approximately $1.99 billion by year-end. A pivotal decision unfolded in July 2022, as Tesla opted to sell 75% of its Bitcoin holdings, fortifying its cash reserves by an additional $936 million.Despite Tesla's unwavering #BitcoinHoldings , its quarterly performance has elicited mixed reactions. The fourth quarter witnessed a modest 1% year-over-year uptick in automotive revenue, yet both earnings per share and total revenue fell slightly short of market expectations, leading to a dip in #stock value during after-hours trading.Delving into Tesla's balance sheet unveils a comprehensive asset #portfolio , encompassing cash, receivables, and solar energy systems, indicative of a diversified strategy extending beyond automotive sales.The quarter showcased diverse performance across Tesla's divisions. While automotive revenues experienced marginal growth, the energy generation and storage segment reported an impressive 10% increase in revenue. On a positive note, services and other revenue surged by 27%, underscoring the company's expanding market reach. However, the overall gross profit witnessed a notable decrease of 23%, and the operating income took a significant 47% dip, reflecting the competitive and challenging economic landscape.Disclaimer. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.🗣🗣Empower Our Mission: Tips For Dedicated Service. 🗣🗣👉Users are encouraged to support the mission by offering generous tips.🗣This empowers creators to work even harder, ensuring the continued delivery of top-notch investment advice.
Did MicroStrategy Make $900 Million by Buying 6,067 Bitcoin? 💰
#MicroStrategy , founded by Michael Saylor, gained $900 million as they bought 6,067 Bitcoin in the third quarter, capitalizing on a price drop. The move was spurred by optimism around potential approval of spot Bitcoin ETF.
Despite a 3% year-on-year revenue increase to $129.5 million, the firm recorded a net #loss of $143.4 million due to digital asset impairment losses and income taxes.
MicroStrategy remains committed to its Bitcoin strategy and also sees growth potential in its business analytics products, with its #stock price increasing by 2.7% in after-hours trading.
#Binance
#crypto2023
#MicroStrategy , founded by Michael Saylor, gained $900 million as they bought 6,067 Bitcoin in the third quarter, capitalizing on a price drop. The move was spurred by optimism around potential approval of spot Bitcoin ETF.
Despite a 3% year-on-year revenue increase to $129.5 million, the firm recorded a net #loss of $143.4 million due to digital asset impairment losses and income taxes.
MicroStrategy remains committed to its Bitcoin strategy and also sees growth potential in its business analytics products, with its #stock price increasing by 2.7% in after-hours trading.
#Binance
#crypto2023
