Every year in early autumn Apple holds its event where it presents new iPhones, Apple Watches, and iPads. This year wasn’t an exclusion. But yesterday’s presentation didn’t result in Apple stock growth, and here’s why.
TESLA needs more money
Tesla, what now?
Its stock dropped in value in premarket trades on Thursday. Increased volatility is expected, hence the downside may give chances to buy this stock cheaper.
Because Tesla plans to offer around $2 bln of common stock to the public (it is hoped to improve the balance sheet and general corporate well-being). More shares – lower portion of each one in the company stock. Hence, the lower the price is for each one.
Is it good?
For those who already own the stock – doesn’t look good for now (they wish the price went straight to $1000 – now they have to wait a bit longer as it slumps to the area of $750). Strategically, however, if that move works out well for Tesla, the shareholders will be eventually happy.
For those who don’t have Tesla stock but want to have it (here comes the propaganda-style picture with a man pointing at you “Have YOU bought Tesla yet?”) – that may be the last train departing.
Don’t miss your train – TRADE TESLA
Richard Branson offloaded nearly 10 million shares, which equals about 4% of the Virgin Galactic stock, leaving him with an 18% stake.
Today at 00:00 GMT+3 SPCE will present the second quarter 2021 financial results. We will get to know everything about the company's financial condition and plans.
Australia will publish its Inflation Rate on January 25, at 02:30 MT time.
Germany will release the flash Purchasing Managers' Index (PMI) for manufacturing and services industries at 10:30 GMT+2 on January 24.
Leibniz Centre for European Economic Research (ZEW) will release an economic sentiment index for Germany on January 18, 12:00 GMT+2