Tesla and SpaceX CEO Elon Musk has engaged in secret talks with Russian President Vladimir Putin since late 2022, according to reporting published Thursday by The Wall Street Journal.Citing “several current and former U.S., European and Russian officials,” the Journal reported that conversations between Putin and Musk, a Republican megadonor and Pentagon contractor, took place while Russia was waging a brutal war on Ukraine, a top U.S. ally. Topics ranged from business to personal and geopolitical issues.In one instance, Putin pressured Musk to direct SpaceX to withold Starlink, its powerful satellite internet communications service, from Taiwan as a favor to Chinese…
Author: usaeverydaylife
Let me apologize in advance for cheating a bit.We use the term “breakout” like it’s just spontaneous combustion, but that’s rarely how it happens. Like most reactions, usually they require a catalyst. Thus, the inherent issue about calling a “breakout” in advance is that often the term isn’t quite what we’re describing. Instead, the real breakout is one of opportunity, in the form of minutes and touches, rather than one of rapidly changing levels of play.For example, check out last season’s Most Improved Player award winner, the Philadelphia 76ers’ Tyrese Maxey. Yes, he has made steady progress since his rookie…
Tesla (TSLA) surged more than 20% post earnings as CEO Elon Musk delivered an encouraging forecast and revealed surging sales in his electric vehicle company. Shareholders enjoyed the biggest single-day pop in TSLA in over a decade, rising to a session high of $262.12. Massive volume of over 200 million shares ( three times average volume) states that the nearly $20 billion (notional value) of short positions raced to the exit door. This short-covering created a significant increase in volatility making option premiums increase lock-in-step. I want to use this elevated option premium to create income on this refurbished Mag…
Wall Street is about to get hit with the newsiest week yet ahead of the election — just as the stock market has started to falter. Investors will contend with earnings results from five of the Magnificent Seven companies next week. Alphabet’s results are set to be released Tuesday. Microsoft and Meta Platforms post their reports Wednesday. Results from Amazon and Apple come out Thursday. On top of that, there are important data releases on the docket, including a jobs report, inflation data, and a preliminary reading on third-quarter gross domestic product. Those releases could make for a heady mix…
( Check out an exclusive PRO Talks with Carter Worth where he discusses his methods. ) Viking Therapeutics (VKTX) … the eight-month standoff is at an end. After surging to $100 in mid February, Viking Therapeutics, has slumped some 40% in the ensuing eight months, and just now is coming to life. Two identical charts below: Converging trendlines… otherwise known as a symmetrical triangle chart pattern, depict the standoff of the past 8 months. A well-defined series of lower highs and lower lows, as the stock works into the apex of the formation. And, now, boom, the stock is moving…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Chris Larsen, co-founder of Ripple, discusses his millions of dollars in donations to back Vice President Kamala Harris’ presidential bid. Source link
Ashburn, Va. — His alarm buzzes at 4:45 a.m. each morning, but most days Jayden Daniels doesn’t need it. He’s already awake, driving through the predawn darkness, pulling into an empty parking lot at 21300 Coach Gibbs Dr. The routine he started his final year at LSU has become a staple of his rookie season in the NFL.“You always here this early?” Adam Peters asked after bumping into Daniels in the hallway around 5:30 a.m. a few weeks ago. Peters, the Commanders’ first-year general manager, was headed to the weight room. Daniels was about to watch some film.“Usually, it’s a…
Michael Jeffries, former CEO of Abercrombie & Fitch, leaves following a hearing at the Paul G. Rogers Federal Building and U.S. Courthouse, in West Palm Beach, Fla., Tuesday, Oct. 22, 2024.Rebecca Blackwell | APFormer Abercrombie & Fitch CEO Mike Jeffries and his associate will plead not guilty Friday to federal criminal charges of sexually exploiting dozens of men, many of whom sought to be models for the clothing brand.Jeffries, 80, and James Jacobson, 71, are set to be arraigned in U.S. District Court in Long Island, New York, three days after being arrested on sex trafficking and interstate prostitution charges.Attorneys…
A small Texas bank is trying to reinvent the money market fund for a new era, but financial advisors may take some time to warm up to the idea. Texas Capital launched a Government Money Market ETF (MMKT) in late September, taking aim at an asset class that has boomed since the Federal Reserve began hiking rates in 2022. Total money market fund assets have ballooned to more than $6.5 trillion, according to the Investment Company Institute. The firm’s theory is that the increased liquidity of an ETF relative to traditional money market funds will be attractive to money managers,…
Flexibility ‘motivates’ 529 fundingThe added flexibility is having a significant impact on savers: 23% of parents said the ability to roll over funds into a Roth IRA was one of the key factors that most influenced their decision to open a 529 plan, according to a recent report by Saving For College, a Miami-based company focused on making 529 plans more accessible.Among the roughly 12% of respondents who don’t yet have a 529 plan, 76% say this benefit makes them more likely to open an account, the report found.Further, 57% of families with an account are also more likely to…
