Day: April 3, 2022


Tesla Crypto Tokens Rise as Shanghai Shutdown Discounted

(Bloomberg) — Tesla Inc. investors are signaling confidence that the automaker can power through disruptions such as the continued shutdown of its Shanghai factory due to Covid-19 lockdowns, at least based on crypto-token trading that suggests its shares will rise Monday. The electric-vehicle maker said Saturday it delivered a record 310,048 cars worldwide in the […]

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A Hundred Firms Pull $45 Billion of Deals Since War in Ukraine

(Bloomberg) — At least a hundred companies worldwide have delayed or pulled financing deals worth more than $45 billion since Russia’s invasion of Ukraine. These include initial public offerings, bonds or loans and acquisitions. U.S. equity market deals were the worst hit by global volatility in the first quarter as a crop of firms postponed […]

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Energy Crisis
Energy Production
Trade Of The Day
TradersPro Sunday

Top Coal Stock In The Buy Zone

This company produces and exports bituminous coal in the United States. It operates through PAMC, CONSOL Marine Terminal, and Other segments. The company engages in the mining, preparation, and marketing of bituminous coal to power generators, industrial end-users. CEIX $38.7700 1.1400 % 3.0300 Consol Energy Inc Sector : Oils-Energy Industry : Coal Signal Short Term […]

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Bond Yield Curve
Bond Yields
Inverted Yield Curve
Treasury Yields

Inverting Yield Curve Signals High Stakes for Fed and Investors

(Bloomberg) — Any hope that the Treasury market’s biggest quarterly loss had priced in a worst-case scenario for inflation and Federal Reserve rate hikes is looking increasingly illusory. No sooner had the first quarter ended with a 5.6% loss for U.S. government bonds, the March employment data included a bigger-than-expected drop in the unemployment rate […]

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Crude Oil
Oil Crash
Oil Price

Oil Posts Its Biggest Weekly Drop in More Than 10 Years

(Bloomberg) — Oil posted its biggest weekly loss in more than 10 years after the Biden administration ordered an unprecedented release of U.S. strategic reserves to tame rampant prices. West Texas Intermediate dropped 1% on Friday and over $14 dollars this week, the most since 2011. The U.S. plans to release 1 million barrels a […]

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Meme Stocks
WallStreetBets Reddit

GameStop Split Brings a Hint of Meme-Mania to Friday’s Trading

(Bloomberg) — A proposed stock split by GameStop Corp. brought back echoes of peak-meme mania days to trading forums on Friday, with investors snatching up shares in the company and other retail favored-names. The video-game retailer jumped as much as 14% in New York before erasing gains to trade close lower Friday after it said […]

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Gas Prices
Gasoline Prices
Oil Price

Visa Changes Rules for Gas Stations to Avoid $125 Pump Limit

(Bloomberg) — Visa Inc. and Mastercard Inc. are planning a raft of changes to rules for gas stations to allow larger transactions after a surge in fuel prices across the U.S. made it hard for some drivers to fill up using credit cards. Many gas stations have a $125 limit for Visa transactions at the […]

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