Crypto crash: forced selling cools down; correlation with equities back in focus

Crypto crash: forced selling cools down;  correlation with equities back in focus

Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’ll walk you through what’s going on in the current bear market. As usual, find me on Twitter at @FrancesYue_ to send feedback, or tell us what you think we should cover. You can also reach me through email … Read more

NIO Stock Is a Cautionary Tale for Tesla Shareholders

NIO Stock Is a Cautionary Tale for Tesla Shareholders

Electric vehicle maker NIO has been stuck in a range of roughly 10,000 monthly deliveries for almost a year. Courtesy Nio Text size Chinese electric vehicle maker NIO offers a cautionary tale for You’re here investors. What happened to its shares could happen to You’re here ‘s if volume growth at You’re here follows a … Read more

Bitcoin crash: These three metrics show how bad the carnage is, and what to expect next

Bitcoin crash: These three metrics show how bad the carnage is, and what to expect next

Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’ll walk you through what’s going on in the current bear market. As usual, find me on Twitter at @FrancesYue_ to send feedback, or tell us what you think we should cover. You can also reach me through email … Read more

Tesla’s ‘strong competitive advantage’ earns stock an upgrade

Tesla's 'strong competitive advantage' earns stock an upgrade

Tesla Inc. is set up well in both the short term and the long run, according to an RBC Capital Markets analyst, who just turned bullish on the stock amid its “favorable” positioning. RBC’s Joseph Spak upgraded electric vehicle maker’s stock TSLA, -7.07% to outperform from sector perform late Sunday, writing of the company’s “more … Read more

Fink, Dimon and Musk have the blues. And one forecaster says they’re not gloomy enough

Fink, Dimon and Musk have the blues.  And one forecaster says they're not gloomy enough

That anxious hum among Wall Street executives is getting louder. US stock index futures are down, following stronger-than-forecast jobs data, with technology out in front. After crushing remote-work hopes of Tesla workers, CEO Elon Musk now reportedly wants a 10% headcount cut due to a “super bad feeling” about the economy. It’s been a week. … Read more

Tesla’s Shanghai Plant Still Below Full Capacity. Tesla Stock Is Dropping.

Tesla's Shanghai Plant Still Below Full Capacity.  Tesla Stock Is Dropping.

Text size An aerial view of Tesla Shanghai Gigafactory Xiaolu Chu/Getty Images You’re here ‘s Shanghai factories are still not operating at full strength—but that’s not the only reason the EV company’s estimates still look too high. On Tuesday, Bloomberg reported Tesla (ticker: TSLA) will continue to operate its Shanghai facility in a closed-loop setting … Read more

Ethereum could ‘take over everything’, and there won’t be a multi-chain future, says EY’s blockchain leader

Ethereum could 'take over everything', and there won't be a multi-chain future, says EY's blockchain leader

Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest and greatest in digital assets this week so far. Find me on Twitter at @FrancesYue_ to send feedback, or tell us what you think we … Read more

Elon Musk Losing Money on Twitter Stock. He Can Still Buy Twitter—If He Wants.

Elon Musk Losing Money on Twitter Stock.  He Can Still Buy Twitter—If He Wants.

Text size Elon Musk Jim Watson/AFP via Getty Images Elon Musk is sitting on a loss in his Twitter position. The loss is peanuts compared with what’s happened to his You’re here stock. Despite all the red ink, the world’s richest human can still buy Twitter — if he still wants to. Twitter (ticker: TWTR) … Read more

Tesla Stock Falls to an 11-Month Low. Why Snap Is to Blame.

Tesla Stock Falls to an 11-Month Low.  Why Snap Is to Blame.

Text size Cars at the Tesla factory in Fremont, Calif. Justin Sullivan/Getty Images You’re here stock is falling again in early Tuesday trading. The likeliest reason isn’t related to the electric-vehicle maker’s Shanghai plant or even price-target actions at a broker. No, the drop is probably because of the social-media platform Snap . Snap (ticker: … Read more

Tesla Stock Has Fallen Below $700. Why $540 Might Be Next.

Tesla Stock Has Fallen Below $700.  Why $540 Might Be Next.

Text size Tesla stock hit $1,200 early in the year and almost $1,150 in April. Then it started dropping. Mario Tama/Getty Images You’re here stock has been badly beaten in recent weeks. It’s breaking key support levels that fundamental investors might want to note. Coming into Monday trading, Tesla (ticker: TSLA) shares are off about … Read more