Monday, October 24, 2022

Tesla options hint at trouble ahead with bets around $200

Tesla shares have been on a dizzying roller-coaster ride this year, as jumpy investors reacted to a wide array of both positive and negative news -- ranging from supply problems, demand concerns, production disruptions in China, a cash-strapped consumer and the looming global recession, to the promise of a big boost to the EV industry from the Biden adminstration’s climate act.

from Economic Times https://ift.tt/HWK5sJd

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...