TESLA's Chinese rival, NIO, released its Q2 earnings, and they are quite good. NIO now sees the EU market in sight.
Delta variant of COVID-19 is beginning to affect all markets. Let us quickly look at markets on August 10, 2021.
Cybertruck got Postponed Till 2022 but the company's stocks enjoyed a boom already. Oil went down over fears of more COVID-19 cases.
The US jobs report instilled positivity in multiple markets; bitcoin ran past $40,000, and oil price goes up but with a possibility of coming down soon.
Despite modest declines in Dow Jones futures, S&P 500 futures, and Nasdaq futures, they all regained. Market tries to prevent Bitcoin from going down further.
Lyft stock increased as they adjusted their EBITDA. Oil went down over fears of Delta variant, Bitcoin is unhappy with the SEC
Oil drops as fears of Delta variant loom in the world; HSBC bans crypto payments in the UK, while gold and stocks rose.
August is off to a bright start, with stocks climbing following gains in Asia in a week that will conclude with more positive US job statistics.
Robinhood's shares fell on its first day of trade. Binance services are pushed back by EU regulations, S&P 500 started its day in the green.