Tesla’s Earnings Report: Can Options Traders Cash In on the Big Move They’re Betting On? As Tesla gears up to release its Q3 earnings on Wednesday, options traders are placing big bets, with implied volatility pointing to a potential 5-8% price swing. The market is bracing for a major move, as contracts around the $200 strike are seeing significant action. But will Tesla deliver enough to meet the lofty expectations? In Q2 2024, Tesla posted … Read more…

Election season always brings a swirl of headlines, campaign promises, and uncertainty—and the stock market often reacts accordingly. But here’s the thing: while the run-up to Election Day can be a wild ride, once the votes are counted, the market tends to settle down. Regardless of who takes office, history shows that the stock market often finds its footing post-election, and certain sectors might even benefit from the political shift. So, what does the past … Read more…

As we head into another critical week for the stock market, the focus turns to the earnings reports of some major players across diverse sectors. Boyd Gaming, Tesla, Verizon, Lockheed Martin, and GE Aerospace are expected to unveil their third-quarter results. Each of these companies provides a unique perspective on the broader market and individual industries, making this an exciting week for investors. Tesla: Can Rising Costs and Competition Be Overcome by Delivery Growth? (Earnings … Read more…

By Mei Mei Chu BEIJING (Reuters) – The Beijing Stock Exchange will help small and medium-sized tech companies with training and access to finance so they can list on the bourse, it said on Sunday, as part of government plans to foster innovation. The stock exchange said its action plan would help SMEs, which are not profitable but have potential, to obtain financing from banks and market institutions, and it will also provide training and … Read more…

By Jarrett Renshaw HARRISBURG, Pennsylvania (Reuters) – Billionaire Elon Musk promised on Saturday to give away $1 million each day until November’s election to someone who signs his online petition supporting the U.S. Constitution. And he wasted no time, awarding a $1 million check to an attendee of his event in Pennsylvania aimed at rallying supporters behind Republican Donald Trump. The winner was a man named John Dreher, according to event staff. “By the way, … Read more…

Why Nuclear Energy is the Next Frontier for Powering AI and Data Centers In a bold shift of strategy, big tech companies like Amazon, Microsoft, and Google are turning to nuclear energy to meet the burgeoning energy demands of AI and massive data centers. With AI-driven technologies becoming the foundation of modern industries, the demand for reliable, carbon-free energy sources has never been higher. The nuclear power resurgence, powered by advances in small modular reactors … Read more…

By Mike Scarcella (Reuters) – Google said on Friday that a federal judge in California granted its request to pause his order directing the Alphabet unit to overhaul its Android app store Play by Nov. 1 to give consumers more choice over how they download software. San Francisco-based U.S. District Judge James Donato made the decision on Friday as part of an antitrust lawsuit against Google brought by “Fortnite” maker Epic Games. Google argued that … Read more…