Online broker – Face OVL http://faceovl.com/ Tue, 20 Sep 2022 14:07:54 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://faceovl.com/wp-content/uploads/2021/07/icon-2021-07-08T143259.742-150x150.png Online broker – Face OVL http://faceovl.com/ 32 32 Barclays Center at 10: How a ‘cold call’ brought Barclays Bank on board https://faceovl.com/barclays-center-at-10-how-a-cold-call-brought-barclays-bank-on-board/ Tue, 20 Sep 2022 12:52:26 +0000 https://faceovl.com/barclays-center-at-10-how-a-cold-call-brought-barclays-bank-on-board/ The Nets and their parent company, BSE Global, celebrate the 10th anniversary of the Barclays Center this month. It was on September 28, 2012 that the arena opened with eight nights of Jay-Z which included the introduction of the black and white Nets jersey that the Brooklyn rapper had helped design. But six years earlier, […]]]>

The Nets and their parent company, BSE Global, celebrate the 10th anniversary of the Barclays Center this month. It was on September 28, 2012 that the arena opened with eight nights of Jay-Z which included the introduction of the black and white Nets jersey that the Brooklyn rapper had helped design.

But six years earlier, the odds of a new arena rising in Flatbush and Atlantic were far from a sure thing. Bruce Ratner envisioned the then-unnamed arena as the centerpiece of a 16-building, $6.4 billion complex rising partly above the Atlantic Yards, the third-highest transit station busiest in the city and the busiest outside of Manhattan.

But money was starting to get tight, and the project was the subject of community activism that saw the whole project as too big, too cumbersome. Ratner and his new CEO, Brett Yormark, needed to find revenue streams that could ultimately be used to entice investors to buy construction bonds. A deal on arena naming rights would be a good start.

So, as Sports Business Journal recounts this week, Yormark made a series of “cold calls” – unsolicited inquiries from prospects – to find a sponsor for the building which would then be designed by the “starchitect”. Frank Gehry. It wasn’t easy as writer David Bourne wrote based on a 2016 book by author David J. Halberstam:

“Brett Yormark had developed an interesting way of cold calling, something only he as CEO could pull off,” Halberstam wrote. “Yormark deputized for her administrative assistant, Jeanette Neary, to call a host of senior CEOs and introduce herself to their administrative assistants. When she reached those assistants, she requested meetings of their respective bosses about the Nets’ move to Brooklyn.

The process targeting blue chip brands led to a meeting between Yormark and Gerard LaRocca, then chief administrative officer of Barclays Bank in the United States. LaRocca assumed the reunion had something to do with a suite or hospitality package, Halberstam wrote, but he received much more than a PowerPoint presentation.

One thing led to another, Yormark and his revenue officer Neil Davis soon traveled to London to meet Bob Diamond, the American CEO of Barclays, who gave the green light to the idea, a 20-year deal with full payout. of $400 million. This was the first projected income Yormark could show potential investors in the arena. For Barclays, then planning retail banking operations in the United States, a new and architecturally innovative large arena in the city would provide visibility.

The deal, according to Bourne, took a number of twists and turns, and Bourne writes and Atlantic Yards critic and columnist Norm Oder sheds some light. Delays caused by community protests and a series of lawsuits and, more importantly, the financial crisis of 2007-08 resulted in a stasis that only ended when construction began on a lean arena in 2010. By then, Ratner had agreed to sell 80 percent of the team and 45 percent of the arena to Mikhail Prokhorov, then the owner of the wealthiest sports team in the world. The delays — and ultimately the loss of Gehry as the project’s overall architect — led to two renegotiations of the naming rights agreement, as Oder notes.

The decision to replace Gehry’s complicated design, as Neil Davis told Halberstam, “didn’t sit well with decision-makers”, meaning the deal had to “be extensively renegotiated”. Moreover, Davis noted, “Barclays itself was battling the Great Recession.” Barclays eventually abandoned its US retail banking plans and was accused of manipulating the global bank interest rate in a huge financial scandal. Diamond had to withdraw.

So, in the end, the deal ended up being $200 million for 20 years, a good price then, not so much now. In fact, the Nets’ new uniform sponsorship deal with WeBull, the online stockbroker, is worth $30 million a year, according to CNBC. This too started with a cold call. The WeBull deal has led to speculation that the Nets and Barclays will renegotiate again, this time before the contract expires in 2026.

The Nets and BSE Global would prefer to keep the name, as Joe Tsai tweeted 15 months ago. But Tsai also has some big revenue goals he’d like to hit, hopefully growing from $341 million in annual revenue last year to $500 million in three years and $1 billion in seven. year. Getting a market price for the naming rights, whether from Barclays or someone else, would be a big help in achieving this goal.

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What you need to know • Benzinga https://faceovl.com/what-you-need-to-know-benzinga/ Fri, 16 Sep 2022 22:46:32 +0000 https://faceovl.com/what-you-need-to-know-benzinga/ Those interested in TD Ameritrade’s forex-related offerings will not be disappointed. One of the main appeals of trading Forex through TD Ameritrade is that the online broker allows you to use the broker’s excellent thinkorswim® trading platform, which is available in desktop, web and mobile versions. If you’ve ever considered expanding your trading horizons by […]]]>

Those interested in TD Ameritrade’s forex-related offerings will not be disappointed. One of the main appeals of trading Forex through TD Ameritrade is that the online broker allows you to use the broker’s excellent thinkorswim® trading platform, which is available in desktop, web and mobile versions.

If you’ve ever considered expanding your trading horizons by adding forex trading, TD Ameritrade is a reputable broker with a great platform that includes options. The broker also offers often overlooked traders based in the United States and Canada a great opportunity to operate in the huge forex market.

In this article, Benzinga evaluates TD Ameritrade’s forex services so you can determine if the broker is right for your forex trading needs.

Can I trade Forex with TD Ameritrade?

Yes, TD Ameritrade now allows you to access forex trading through Charles Schwab Futures and Forex LLC. The forex trading entity recently changed its name from TD Ameritrade Futures & Forex LLC in September 2021 after Charles Schwab completed his purchase of TD Ameritrade in October 2020.

You can trade currencies around the clock during the six-day forex trading week via Charles Schwab Futures and Forex in no less than 70 different currency pairs and in standard lot increments of 10,000 base currency units.

Additionally, you can trade currency futures and options on certain currency pairs through Charles Schwab Futures and Forex. This access also includes the ability to trade micro futures which are only one-tenth the size of a regular currency futures contract.

Does TD Ameritrade charge fees for Forex?

TD Ameritrade does not charge hidden fees or have a complicated pricing structure. At TD Ameritrade, exchange fees or trading commissions are not charged the same way a stockbroker charges a commission on stock trades, for example.

Instead, you will pay a trade spread to complete a forex trade, as is common practice with online forex brokers. This means that you will pay the supply side to buy a currency pair and sell the pair on the supply side when you trade in the forex market.

Charles Schwab Futures and Forex uses an Electronic Communication Network (ECN) model. This means that the broker gives you a competitive bid/offer based on currency pair quotes obtained from four major forex market makers.

Can I use MT4 with TD Ameritrade?

No, TD Ameritrade does not support the popular MetaTrader4 (MT4) or MetaTrader5 (MT5) trading platforms, which can present a substantial problem for those looking to use their MT4 or MT5 Expert Advisors with the broker.

Luckily for other traders, however, the broker’s excellent thinkorswim trading platform has many of the same sophisticated technical analysis features found on MetaTrader trading platforms.

The thinkorswim trading platform was developed by traders for traders. It offers state-of-the-art desktop, web, and mobile apps. The platform is fully customizable and is continuously improved based on feedback from the TD Ameritrade trading community.

What leverage does TD Ameritrade give for Forex?

One of the biggest advantages of forex trading is the high leverage you can apply to your trading, although using leverage can magnify your losses as well as your gains. Leverage in trading is therefore a double-edged sword that should be used with caution.

Due to National Futures Association (NFA) rules followed by TD Ameritrade, TD Ameritrade forex leverage for major currency pairs is 50:1, while the maximum leverage ratio for pairs of minor and exotic currencies is only 20:1. This means that the margin requirements for major and minor currency pairs are 2% and 5% respectively.

Keep in mind that if your positions go against you and you cannot meet the margin requirements of your open positions, a broker may liquidate those positions until your account returns to an adequate capital position.

TD Ameritrade’s liquidation policy for FX trading is once a day for any account with a risk level below 100% when observed at 4:00 a.m. EST and intraday if the account falls to 25% or less, whichever comes first.

Does TD Ameritrade have international operations?

If you are domiciled in Canada, TD Ameritrade accepts Canadian forex trading clients through its subsidiary TD Direct. TD Ameritrade may not be available to those based elsewhere in the world, so to find out if you are eligible to open an account, visit the broker’s account opening page. When you reach the country field, you will be informed by the website whether or not you can open an account with the broker.

Other Best Options For Forex Brokers

If you live outside of the United States or Canada, you may not be eligible to open an account with TD Ameritrade. Benzinga has compiled several of the best forex brokers other than TD Ameritrade that may be available in your jurisdiction.

Claim exclusive offers

  • CedarFX is not regulated by any major financial agency. The brokerage is owned by Cedar LLC and is based in St. Vincent and the Grenadines.

  • Minimum account

    AUD$200 or equivalent

  • Minimum account

    US$100 (or equivalent)

  • eToro USA LLC; Investments are subject to market risk, including possible loss of principal.

Frequently Asked Questions

questions and answers

Q

Which forex broker is the best?

A

Any forex broker worth its salt should have a good reputation and be duly regulated by a major regulator. The best broker for you would be the one that will accept clients in your area and can best help you implement your forex trading strategy.

Q

Who is the biggest forex broker in the world?

A

Although the broker deserving this title may vary depending on the parameter you use to determine its size, based in Australia IC Markets is one of the largest retail forex brokers in the world by trading volume. The broker recorded a monthly trading volume of over $1 trillion in November 2021.

Q

Can I trade forex without a broker?

A

High net worth individuals can use lines of credit from financial institutions to trade forex without a broker. You can also trade currency futures without a broker if you hold a seat on the CME exchange. As a small trader, you can assume foreign exchange risk by buying foreign assets, using an online payment service to obtain foreign currency, or exchanging domestic money for foreign currency at an exchange kiosk or at your local bank. However, by far the easiest way to trade forex is to go through an online forex broker.

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Top 10 bad loans https://faceovl.com/top-10-bad-loans/ Thu, 15 Sep 2022 16:08:07 +0000 https://faceovl.com/top-10-bad-loans/ This is sponsored content. All views and opinions are those of the advertiser and do not reflect the same of WTKR Financial expenses can happen at any time, and without proper finances and planning, you could be quickly overwhelmed. In such cases, getting a loan can help you deal with unforeseen expenses and allow you […]]]>

This is sponsored content. All views and opinions are those of the advertiser and do not reflect the same of WTKR

Financial expenses can happen at any time, and without proper finances and planning, you could be quickly overwhelmed. In such cases, getting a loan can help you deal with unforeseen expenses and allow you to formulate a long-term solution for your financial situation.

However, if you have a credit score of 579 or lower, most mainstream people will likely classify you as a high-risk borrower. As a result, you may not receive the loan offers you need, and some lenders may decide to deny you loans altogether. Others may also choose to give you loans at a high interest rate or ask for a guarantor or guarantee.

Instead of just such options, it might be better to consider getting bad credit loans online. Bad credit loans give you quick access to cash, regardless of your credit rating. Nowadays, you don’t have to spend countless hours searching for a suitable lender offering loans for bad credit. You can simply work with an online broker who will connect you with many lenders within minutes.

We’ve compiled our list of the top rated and most reliable choices for bad credit loans, and they are as follows:

1. Problematic loans in the United States – Best loans for bad credit without credit check

2. WeLoans – Best Overall Bad Credit Loans

3. EasyPaydayLoans – Online payday loans with instant approval

4. iPaydayLoans – Best payday loans with guaranteed approval

5. honest loans – Get loans without credit check with guaranteed approval

6. CocoLoan – Trusted platform to get loans with bad credit

seven. American Installment Loans – Best installment loans for bad credit

8. UnityLoan – Online lenders for loans without credit check with same day approval

9. FastPaydayLoan United Kingdom – Get fast urgent loans for bad credit in UK

ten. USTTitleLoans – Bad Credit Car Title Loans

Since you may be in dire need of quick cash and don’t have time to consider all of these options, here is a detailed look at the top three options to consider.

1: Bad Credit Loans USA – Best Bad Credit Loans No Credit Check

One of the main reasons people with bad credit fear getting loans is that traditional lenders will do a credit check. Unsuccessful loan applications involving credit checks can negatively affect your current credit rating and significantly affect your chances of getting a loan in the future. Problematic loans in the United States helps you overcome this challenge by connecting you with lenders offering loans for bad credit without credit check.

Problematic loans in the United States

Strong points:

Instead of performing a rigorous credit check that generates a report with all three major credit bureaus, the lenders on this website perform a soft credit search. Soft credit searches look at your basic personal information, income, banking information, and other basic details to assess your creditworthiness.

American bad credit loan lenders specialize in offering various types of bad credit loans. Once you submit your details through a simple online form, you can receive multiple loan offers from multiple lenders. After that, you can choose the right one for you, sign the loan agreement and get finance quickly.

Advantages:

· No hidden fees and borrowers can find suitable lenders without paying any additional fees.

· The entire process of submitting information, signing and disbursing funds is done online.

· Extensive network of lenders specializing in bad credit and loans without a credit check for bad credit.

· Lenders do not perform rigorous credit checks.

· Prompt payments are reported to the credit bureaus, which can improve your credit score.

The inconvenients:

· Lenders may charge late penalties, higher interest rates and other fees.

· Customer Support is only available online and there is no on-call support.

Get Loans For Bad Credit Check No Credit Check On USA Bad Credit Loans

2: WeLoans – Best Overall Bad Credit Loans

WeLoans ranks number one on our list because their lenders offer fast approval and funding. Plus, you can access a wide range of loan products. If you’re not sure what loan you want, WeLoans has you covered. You can choose one easily depending on the amount or type of loan you need.

WeLoans.png

WeLoans

Strong points:

With WeLoans, you can get lenders offering loans of up to $5,000. Additionally, there are various bad credit lenders that specialize in personal, installment, payday, fast, secure, title, and small loans.

All information you submit on the WeLoans platform is protected against data breaches using the latest encryption technologies. Furthermore, this website follows all privacy regulations and will only share your information with potential lenders.

Advantages:

· Lenders provide financing as soon as 24 hours or the next business day.

· WeLoans partners with lenders offering competitive interest rates.

· Borrowers with bad credit are considered and creditworthiness is based on your income.

· You can get small loans for bad credit (as little as $50).

The inconvenients:

· WeLoans does not offer direct lending as it is a broker.

· Service in some states is limited.

· Lenders may ask you to show proof of income.

Get quick access to bad credit loans by visiting WeLoans official website today.

3: EasyPaydayLoans – Online Payday Loans with Instant Approval

EasyPaydayLoans is a broker that helps borrowers access payday loans online with instant approval, even if they have bad credit. Payday loans are short-term loans that help you settle financial expenses between paychecks.

EasyPaydayLoans.jpg

EasyPaydayLoans

Strong points:

EasyPaydayLoans also gives you access to same day loans, installment loans, loans without credit check and loans for bad credit. Lenders on this platform do not perform rigorous credit checks on borrowers and provide instant decisions on approval requests. Typically, you can get a decision in as little as 5 minutes.

Borrowers can get between $50 and $5,000 in payday loans from lenders on EasyPaydayLoans. However, the amount you can receive may vary depending on the lender you connect with. Factors such as your debt ratio and employment status can influence the type of offers you receive.

Advantages:

· Instant approval and quick disbursement of loan funds.

· Forgiving borrowing terms compared to competitors.

· Bad credit borrowers are considered.

· Availability of a wide range of other types of loans.

The inconvenients:

· It is only available to US residents.

· Service availability may be restricted in some US states.

· Some lenders charge high interest rates on bad loans.

Click here to get payday loans with instant approval on EasyPaydayLoans>>

FAQs

Q1. How do I get a bad credit loan?

You need to meet some basic requirements to get a bad credit loan online. Although requirements may vary depending on your particular lender, most require you to provide personal identification and contact information.

This information may include your social security number, government-issued ID, cell phone number, current physical address, and email address. Also, your lender may require proof of income and your bank details.

Q2. Is it guaranteed that I will be approved for a loan if I apply?

When it comes to bad loans, most lenders consider several factors other than your credit score to determine your creditworthiness. Therefore, it is possible to get a loan even if you have a very low credit rating.

Lenders dealing with bad credit loans usually consider your ability to repay when making approval decisions. As long as you provide accurate information and have a legitimate source of income, your lender will make you a loan offer.

Q3.How can a no credit check loan help me improve my credit rating?

Getting a no credit check in the short term and paying it off with regular payments on time can help improve your credit score. Once you’ve made prompt monthly payments, your lender will share repayment details with the major credit bureaus.

Once the credit bureaus see that you have always paid on time and never missed any monthly payments, they will effect a positive change on your credit history, and in turn, your credit score will improve. .

Q4. Does a person need to prequalify for a bad credit loan before applying?

Prequalifying for a bad credit loan lets you see if your lender might approve you for a loan before you actually apply. This process usually involves a soft credit check that does not affect your current credit score.

Instead of getting a bad loan which may involve a rigorous credit check, it may be better to go through a pre-qualification. However, prequalification does not guarantee that your lender will approve you for a loan.

Q5. How can I avoid loan scams?

Many scammers claim to provide low credit loans these days. Most of them aim to acquire your personal and financial information by pretending to offer loans for bad credit. Other scammers will charge you an upfront fee to review and approve you.

Getting loans from trusted websites such as the ones listed above is always essential. Also, please check your lender’s information and loan terms to avoid falling victim to online scams.

Final thoughts.

Bad credit loans are designed to help people with bad credit access funds when they need to pay for urgent expenses. These loans usually have high interest rates to cover the high risk associated with this type of loan.

When you access loans for bad credit online, you can find a lender in minutes by working with a broker. By checking out our list of the best loans for bad credit online in 2022, you can identify the best loan offers that meet your needs and requirements.

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Mozambican President Nyusi and Portuguese Prime Minister Costa visit the Exness stand at the Maputo International Trade Fair (FACIM) https://faceovl.com/mozambican-president-nyusi-and-portuguese-prime-minister-costa-visit-the-exness-stand-at-the-maputo-international-trade-fair-facim/ Thu, 15 Sep 2022 13:02:36 +0000 https://faceovl.com/mozambican-president-nyusi-and-portuguese-prime-minister-costa-visit-the-exness-stand-at-the-maputo-international-trade-fair-facim/ Earlier this month, international multi-asset broker Exness (www.Exness.com), took part in one of Mozambique’s most important annual events – the 57th Maputo International Trade Fair (FACIM). Organized by the Ministry of Industry and Commerce, the Fair is the largest industrial, commercial and service exhibition in the country. This year, it took place from August 29 […]]]>

Exness

Earlier this month, international multi-asset broker Exness (www.Exness.com), took part in one of Mozambique’s most important annual events – the 57th Maputo International Trade Fair (FACIM). Organized by the Ministry of Industry and Commerce, the Fair is the largest industrial, commercial and service exhibition in the country. This year, it took place from August 29 to September 4 and saw the coming together of local and international companies from various sectors of the economy.

The objective of the Fair is each year to promote business and investment opportunities, inviting companies known to innovate in their fields. Investors from all walks of life use it as a meeting point to make new contacts, facilitate business projects and participate in meetings and seminars that highlight the diversification of the national economy.

This year, companies from the financial sector featured prominently at the show, with international multi-asset broker Exness being one of the companies that caught the eye. The Exness stand was visited by Mozambican President Filipe Nyusi, who also opened the event, as well as Portuguese Prime Minister Antonio Costa. The multi-asset broker is now said to be the largest in the entire industry, with a monthly trading volume of over $2 trillion – a number no other online brokerage has seen.

Among the hundreds of companies and thousands of exhibitors at the show, Exness showcased its unique product offering of a reliable and frictionless online trading environment, unveiling new opportunities for local investors seeking a gateway serious and reliable towards the financial and online markets. trade.

Exness Regional Commercial Manager for Sub-Saharan Africa, Paul Margarites, said: “It was a pleasure and an honor to participate in the largest annual exhibition in Mozambique, where we, as Exness, had the opportunity to present our unique product. We offer stable pricing and execution, even in volatile markets, and it’s time Africans had access to a reliable trading environment like the one we provide. It was incredibly humbling for our stand to be visited by personalities such as Mr. Nyusi and Mr. Costa, and it further fueled our passion to do great things in Mozambique and Africa in general.

Over the past two years, Exness has established a solid and respectable presence in Africa, having acquired an FSCA license in 2021 from the South African regulator and a license in 2022 from the Kenyan regulator. The broker means serious business in Africa, with multilingual customer relations and field support teams, and a new expansion strategy planned in the region.

For more information, visit www.Exness.com

Distributed by APO Group on behalf of Exness.

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The stock market losses worsen, the Dow Jones loses 900 points | Investor’s Business Daily https://faceovl.com/the-stock-market-losses-worsen-the-dow-jones-loses-900-points-investors-business-daily/ Tue, 13 Sep 2022 14:30:00 +0000 https://faceovl.com/the-stock-market-losses-worsen-the-dow-jones-loses-900-points-investors-business-daily/ The losses of the main stock market indices increased Tuesday at noon and were at the lowest of the day. The stock market has punished investors on inflation results of the higher IPC (consumer price index) than expected for the month of August. X The Nasdaq fell 4%, leading the losses. The S&P 500 lost […]]]>

The losses of the main stock market indices increased Tuesday at noon and were at the lowest of the day. The stock market has punished investors on inflation results of the higher IPC (consumer price index) than expected for the month of August.




X



The Nasdaq fell 4%, leading the losses. The S&P 500 lost 3.2 %. The Dow Jones Industrial Average lost 2.8 %. Small capitalizations also fell, the Russell 2000 index losing 3.1 %. The main clues are located below their mobile averages over 50 days.

Raising volume up, downward prices

The volume of the NYSE increased by 5.5% and the volume of the NASDAQ increased by 16%, compared to the same time on Monday.

The Nasdaq 100 followed invesco qqq trust (QQQ) lost 4.2 %.

Brut oil fell 1.3 %, exchanging at $ 86.66 a barrel. Natural gas increased by 0.6 %. The SPDR Select Energy ETF (XLE) lost 1.7 %.

Bitcoin term contracts sold 7.5% to $ 20,795. The yield of the US Treasury Bon at 10 years old was maintained at 3.44 %.

The German stock market index Dax lost 1.6 %, FTSE 100 from London dropped by 1.2 % and the CAC 40 in Paris lost 1.4 % in afternoon exchanges.


Answer our anonymous survey and tell us what you like (and don’t like) about your online broker

Ten participants will win an Amazon gift card of $ 50


IPC’s basic figures vibrate investors

Basic consumer prices from one month to the other of August were worse than expected with an increase of 0.1 % while analysts’ consensus was negative of 0.1 %. IPC excluding food and energy increased by 0.6% against 0.3% expected. The annualized basic IPC is calculated at 8.3 %, compared to 8.1 % expected. The annual rate is an improvement compared to figures of 8.5 % in July and 9.1 % of June.

“The rise in food prices is an increasing concern. The food index increased by 11.4 % compared to a year ago, the highest increase from one year to the next since 1979,” said Jeffrey Roach, chief economist at LPL Financial.

The markets provide 82 % that the Fed raises its interest rates of 75 base points at the meeting of this month. Only 18% of market observers expect an increase of 50 base points. Today’s IPC data has strengthened this high conviction from the third consecutive increase in the rates of federal funds of 75 base points, which will be announced at the FOMC meeting next week.

The optimism index of small NFIB companies in August was 91.8 compared to the consensus of 90.5, which shows the optimism of small businesses. Small businesses are essential for the creation of new jobs and can be an advanced indicator of the evolution of the stock market, in particular small capitalization shares.

The energy stock increases during buyout and orientation

Energy (LNG) won 3.1 % after the company announced an increase of $ 4 billion in its long -term share buy -back plan and noted its EBITDA forecasts adjusted for the year 2022.

The agricultural stock leaves the base

Solutions company for plants and seeds Cortéva (VAT) won 1.8 % and came out of a cup base with a handle with a point of purchase of 63.87 on a large volume, on the Marketsmith graphic. The relative line of force has reached a new summit, as indicated by a blue point on the graph.

Corteva has announced an additional share repurchase of $ 2 billion in addition to its current $ 1.5 billion program. The company occupies the second place in the agricultural operations group, which is classified n ° 70 among the 197 IBD industry sectors.

Corteva has a strong composite note of 86, out of 99, but a sub-optimal EPS note of 66. The mutual funds added the stock, with 1,974 owners in June, against 1,859 in March and 1,773 in December.

Drug manufacturer Therapeutic akero (AKRO) has skyrocketed more than 110 % over a high volume after having declared that it has reached the primary and secondary evaluation criteria of its 2B phase hepatic fibrosis processing trials.

Oracle (ORCL) canceled the previous gains and was down 0.8 % after reporting a failure of the BPA and the first quarter sales figures for the 2023 financial year after the market is closed. The company cited a strong dollar as a pressure on profits. CEO Safra Catz has given sales and profits for the tax T2 lower than expectations, again citing the strength of the dollar as a factor.

Oracle finalized the acquisition of Cerne, a hospital software company, in June for 28.3 billion dollars. JP Morgan noted its stock target at 84 against 82.

Platoon (PTON) lost an additional 12% to the news on Monday that co-founders John Foley and Hisao Kushi resigned. Foley resigned from his CEO post in February, but remained executive president of the board of directors. Hisao Kushi was the legal director. The commercial director of Peloton, Kevin Cornils, also leaves. The company announced on August 25 results and sales figures disappointing for the fourth quarter.

Stock market today: IBD 50 stocks in motion

ETF IBD 50 (Ffty), a measurement of growth values, was passed by 1.9 %, better resisted than the main indices.

Manufacturer of rare disease drugs Pharmaceutical catalyst (CPRX) has climbed 10.7 % over a huge volume when entering its entry into the S&P Smallcap 600 index. The company has perfect notes of 99 on composite notes and relative force notes, and an EPS note 98.

Diamondback energy (CROC) lost its earlier earnings and dropped by 0.9 %. Natural gas producer Comstock Resources (CRK) added 0.3 % and is negotiated above its exponential mobile average over 21 days.

Therapeutic Sarepta (Srpt) fell 4.2 % and briefly passed under its 21 -day line.

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Rivian Automotive (NASDAQ:RIVN) – Rivian Automotive Whale Trades Spotted https://faceovl.com/rivian-automotive-nasdaqrivn-rivian-automotive-whale-trades-spotted/ Fri, 09 Sep 2022 20:42:34 +0000 https://faceovl.com/rivian-automotive-nasdaqrivn-rivian-automotive-whale-trades-spotted/ Someone with a lot of money to spend has taken a bullish stance on Rivian Automotive SHORE. And retailers should know that. We noticed this today when the big position appeared on the history of publicly available options we track here at Benzinga. Whether it is an institution or just a wealthy individual, we don’t […]]]>

Someone with a lot of money to spend has taken a bullish stance on Rivian Automotive SHORE.

And retailers should know that.

We noticed this today when the big position appeared on the history of publicly available options we track here at Benzinga.

Whether it is an institution or just a wealthy individual, we don’t know. But when something this big happens with RIVN, it often means someone knows something is about to happen.

So how do we know what this whale just did?

Today, BenzingaOptions scanner spotted 36 unusual options trades for Rivian Automotive.

It is not normal.

The general sentiment of these big traders is split between 52% bullish and 47% bearish.

Of all the special options we discovered, 4 are put options, totaling $204,805, and 32 are call options, totaling $1,623,272.

What is the target price?

Given the volume and open interest in these contracts, it appears whales have been targeting a $17.5-$100.0 price range for Rivian Automotive over the past 3 months.

Development of volume and open interest

In terms of liquidity and interest, the average open interest for Rivian Automotive options trades today is 4355.32 with a total volume of 41,040.00.

In the following chart, we are able to track the development of the volume and open interest of call and put options for large trades of Rivian Automotive within a strike price range of $17.5 at $100.0 in the last 30 days.

Rivian Automotive Options Volume and Open Interest in the Last 30 Days

The biggest options spotted:









Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume
SHORE CALL TRADE BEARISH 11/18/22 $40.00 $256,000 5.8K 2.2K
SHORE CALL SWEEP BULLISH 01/20/23 $35.00 $151,000 8.7K 366
SHORE PUT SWEEP BEARISH 10/21/22 $35.00 $77.4,000 3.0K 313
SHORE CALL SWEEP BEARISH 09/16/22 $37.00 $76,600 3.1K 1.4K
SHORE CALL SWEEP BULLISH 01/20/23 $35.00 $75,000 8.7K 166









Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume
SHORE CALL TRADE BEARISH 11/18/22 $40.00 $256,000 5.8K 2.2K
SHORE CALL SWEEP BULLISH 01/20/23 $35.00 $151,000 8.7K 366
SHORE PUT SWEEP BEARISH 10/21/22 $35.00 $77.4,000 3.0K 313
SHORE CALL SWEEP BEARISH 09/16/22 $37.00 $76,600 3.1K 1.4K
SHORE CALL SWEEP BULLISH 01/20/23 $35.00 $75,000 8.7K 166

Where is Rivian Automotive at the moment?

  • With a volume of 22,413,218, the price of RIVN is up 1.34% to $37.38.
  • RSI indicators suggest that the underlying stock may be close to overbought.
  • The next results should be published in 97 days.

What the experts say about Rivian Automotive:

  • Mizuho has decided to maintain its Buy rating on Rivian Automotive, which currently sits at a price target of $65.
  • DA Davidson has decided to maintain its underperforming rating on Rivian Automotive, which currently sits at a price target of $27.

Options are a riskier asset than just trading stocks, but they have a higher profit potential. Serious options traders manage this risk by educating themselves daily, increasing and decreasing trades, following more than one indicator, and following the markets closely.

If you want to stay up to date on the latest options trading for Rivian Automotive, BenzingaPro gives you real-time alerts on options trades.

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Cloud-based e-commerce platform Logicbroker publicly launches B2B offerings https://faceovl.com/cloud-based-e-commerce-platform-logicbroker-publicly-launches-b2b-offerings/ Thu, 08 Sep 2022 19:35:00 +0000 https://faceovl.com/cloud-based-e-commerce-platform-logicbroker-publicly-launches-b2b-offerings/ SHELTON, Conn., September 8, 2022 /PRNewswire/ — logicbrokera cloud-based curated marketplace and automated drop-shipping e-commerce platform provider, is proud to announce the official release of its business-to-business (B2B) product suite. Logicbroker’s B2B offerings are built around supply chain visibility, B2B marketplace, and drop-ship capabilities. Over the past three years, Logicbroker has listened carefully to its […]]]>

SHELTON, Conn., September 8, 2022 /PRNewswire/ — logicbrokera cloud-based curated marketplace and automated drop-shipping e-commerce platform provider, is proud to announce the official release of its business-to-business (B2B) product suite. Logicbroker’s B2B offerings are built around supply chain visibility, B2B marketplace, and drop-ship capabilities.

Over the past three years, Logicbroker has listened carefully to its customers, partners, suppliers and industry colleagues about what they want from a complete B2B solution. Logicbroker has started testing new ways to help its B2B customers get products to their warehouses or stores faster than ever. After a year of successful execution of this new business model, Logicbroker’s B2B offerings are available to the public.

“Logicbroker exists to enable our customers to continue to be innovative. We want to help them develop new business models, generate significant revenue and continually increase the profitability of their e-commerce solutions. The official release of our dropshipping and B2B marketplace is one of the thousands of next steps we will take to help our customers,” Peyman ZamaniLogicbroker CEOsaid.

“The Logicbroker platform has been focused on innovation and introducing industry-leading automation. With customer experience and business vision as its focus, Logicbroker’s new B2B offerings ensure that our customers evolve, adapt and overcome any supply chain, market or drop ship challenge”, Sockwell chipvice president of product offerings at Logicbroker, added.

Digital Commerce 360 predicts that B2B e-commerce will more than double by next year and already more than 49% of all B2B sales are made online. Logicbroker’s B2B supply chain visibility product allows retailers to have visibility across the entire order lifecycle for bulk orders. Accepting orders from all suppliers, regardless of their technical capabilities, Logicbroker takes on the burden of acting as the first connecting broker for retailers looking to not only automate their supply chain, but also identify supply disruptions before they affect the customer experience.

“Your supply chain is really only as good as your weakest link. Not everyone has the same technical capabilities and the ability to connect to suppliers without EDI capabilities through APIs, other exchanges based on files or through our portal is huge. We can handle these large purchase orders and bring more clarity to transactions with long shipping windows,” Steve Norrisdirector of commercial engineering at Logicbrokersaid at Logicbroker’s annual conference, Connected Commerce 2022: Evolution.

To continue to provide the ultimate “one-stop-shop” for brands and retailers looking to drop ship, build their own marketplace, or both, Logicbroker’s B2B Marketplace and Drop Ship product focuses on automating the tracking of front controls. Information on stock availability, price stratification, shipments, supplier performance, etc. are managed through Logicbroker’s advanced cloud-based platform.

“We are excited to officially launch our B2B offerings globally. Internally, we have already started working with amazing partners like Babylist and Zageno to develop and expand their B2B capabilities using our platform. The Logicbroker team believe no problem is too big to overcome, so we have developed a platform that can connect to any platform in the world, giving our customers a well-deserved respite in a trading space ever-expanding electronics, Peyman ZamaniLogicbroker CEOsaid.

For more information on how Logicbroker remains the sole provider of dropshipping and marketplace solutions for D2C and B2B customers, visit our website at www.logicbroker.com.

About Logic Broker

Logicbroker helps businesses launch profitable dropshipping and online marketplace programs. Combining the most modern multi-tenant technology with an obsession for exceptional customer experience, Logicbroker’s powerful platform connects retailers, brands and suppliers at record speed, empowering them to sell more products, reach more customers and maintain their advantage in an ever-changing environment. world of e-commerce. With a global footprint and headquarters in United Statesover 4,000 brands including Hasbro, Rite Aid, Verizon, Toys “R” Us, Samsung, M&M Mars, Coca-Cola, Kroger and Walgreens trust Logicbroker to manage $6 billion in gross value of goods each year. Logicbroker recently received $135 million by K1 Investment Management to continue to fuel Logicbroker’s position as the global leader in its category.

Contact:
Becca McCarthy
+1-203-929-7633
[email protected]

SOURCE Logic Broker

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Best Loans for Bad Credit: Top 5 Loan Companies with No Credit Check and Guaranteed Approval https://faceovl.com/best-loans-for-bad-credit-top-5-loan-companies-with-no-credit-check-and-guaranteed-approval/ Mon, 05 Sep 2022 08:45:00 +0000 https://faceovl.com/best-loans-for-bad-credit-top-5-loan-companies-with-no-credit-check-and-guaranteed-approval/ We’ve all experienced that sinking feeling when we have to pay for something but can’t due to a lack of money. We might want to borrow money, but worry about high interest rates or whether we will be accepted for a loan. Fortunately, some reputable credit brokerage firms specialize in connecting a network of reputable […]]]>


We’ve all experienced that sinking feeling when we have to pay for something but can’t due to a lack of money. We might want to borrow money, but worry about high interest rates or whether we will be accepted for a loan.

Fortunately, some reputable credit brokerage firms specialize in connecting a network of reputable lenders who are willing to provide bad credit loans. These lenders lend money to people in need who do not have the best financial background and help you get a loan instantly.

These types of loans are also called “cash advance loans” because they provide money as soon as you apply. These loans are designed for short-term use and are repaid in installments over several months.

  1. WeLoans – Find the best loan for bad credit without credit check online
  2. Problematic loans in the United States – An ideal choice to choose bad loans in the United States
  3. CocoLoan – Most favored bad credit loan with shortest deposit term
  4. American Installment Loans – Select bad credit loan with guaranteed approval
  5. Loan for bad credit in UK – Getting bad credit loans in the UK has never been easier

WeLoans

Insight

There is no need to worry about bad credit because WeLoans does not conduct in-depth background investigations. They connect you with a network of reputable lenders willing to help people in financial difficulty, regardless of their credit history.

If you need money urgently, WeLoans’ network of lenders will help you with a same day loan. With their extensive network of direct lenders, you can easily compare rates, maximum loan amounts, and flexible terms. To avoid late fees and high interest rates, this loan must be repaid by the due date of the next pay period.

Advantages

  • Competitive and fixed interest rates
  • Rapid approval and disbursements
  • Friendly repayment schedule

The inconvenients

  • Not a direct lender
  • Does not work outside the United States

For more information on loans for bad credit without credit check, click here>>

Problematic loans in the United States

Insight

People with bad credit can get quick short-term loans through Problematic loans in the United States, an online broker that connects them to lenders. Bad credit loans in the USA can help you get a loan, regardless of your credit history. They engage you with creditors who are willing to negotiate for the best bad credit loans.

The approval rate for bad credit loans is very high as 90% of lenders are likely to approve your loan application. Borrowers with bad credit have a better chance of getting a loan because the lenders here do not perform rigorous credit checks on them.

Advantages

  • Most loan applications are approved, including almost all of those submitted the same day
  • Easy to use and secure websites are the best
  • People with less than perfect credit are eligible to apply

The inconvenients

  • Not a direct lender
  • Only US citizens and Lawful Permanent Residents can use it.

Visit US Bad Credit Loans to learn more about Bad Credit Loans No Credit Check >>

CocoLoan

Insight

CocoLoan can help you find the best short term personal loans for people with bad credit in the industry. You can start the CocoLoan application process on their website. It’s simple and only takes a few minutes to complete on the internet. Once your loan application is approved and processed, the money will be deposited into your bank account electronically.

You can apply for a personal loan for as little as $100. If the conditions are met, you may be able to obtain a loan of up to $5,000. The length of time you have to repay the loan is flexible; somewhere between 2 and 24 months is doable.

Advantages

  • The website is easy to use and provides a wealth of useful content.
  • No stringent credit checks are performed, allowing for quick approval decisions

The inconvenients

  • There is a chance that you have to shell out more money
  • To be eligible for a loan, you must meet certain criteria

Let CocoLoan help you apply for bad credit loans online >>

American Installment Loans

Insight

American Installment Loans is a company committed to connecting borrowers with many reputable online lenders to apply and secure small amount payday loans instantly and securely. If you need urgent money to meet unexpected emergencies such as medical bills, home or car repairs, or education expenses, you can turn to US installment loans for additional help. .

Here are some advantages and disadvantages of American installment loans before you want to apply for loans on its platform.

Advantages

  • Candidates with bad credits are accepted
  • Different types of loan choices are available
  • Safe and secure to use
  • Quick approval from our cooperating lenders

The inconvenients

  • Applicants must be residents of the United States
  • Not a direct lender to fund the money directly

Apply for an Affordable Bad Loan with American Installment Loans Now >>

Loans for bad credit in UK

If you have bad credit, it can be difficult to get a loan to pay for something unexpected. But Loans for bad credit in UK will be able to quickly and easily connect you to a vast network of lenders who are ready to grant you a loan even if you have a bad credit history.

Keep in mind that some loans for people with bad credit have higher interest rates and fees than other loans. People with low credit scores are considered high risk by lenders, so they are less likely to get loans from them.

Advantages

  • Fast approval and processing
  • The approval rate is higher

The inconvenients

  • High annual percentage rate of charge in the event of late payment
  • Can perform soft credit checks

For more information on UK bad credit loans click here >>

Conclusion

Now you know the top 5 loan companies to get bad credit loans with no credit check and guaranteed approval. Whether it’s for an emergency or because you want to make improvements to the house, you don’t always need to have all the money up front. These types of loans can also be useful if you are short on time and need money quickly.

You can get approved for a bad credit loan online in as little as 10 minutes, making approval instantaneous. You can then act quickly to get the money.

It is not necessary to have perfect credit or even good credit to obtain loans without a credit check, same day payday loans, or any other type of loan; the crucial requirement is that you have a stable income or have enough available resources in your bank account to cover the loan repayments.

FAQs

1) Can online loans for bad credit improve my credit?

Yes, bad credit loans can be used to build credit, especially for those without extensive credit history. Choose a loan that fits your budget and a lender that records payments with credit bureaus.

You can get loans like installment loans, bad credit loans, and title loans, but remember to make payments on time, it can help improve your credit. Make sure payment is made on time to avoid negative reports in case of late payment.

2) Am I allowed to get a personal loan if my credit is bad?

The answer is yes! Even if your credit score isn’t great, you can still get a personal loan to meet an unexpected expense or combine other debts.

Applicants with low credit (a FICO score of 629 or less) may have to work a little harder, but it can help with quick approval without any rigorous credit checks and may attract a lower interest rate.

3) What are the disadvantages of no credit check loans for bad credit?

Loans with no credit check for bad credit have certain disadvantages, such as the risk of default, late payments and loss of collateral.

As with any type of loan, the interest rate on a fixed rate loan may be higher than what is currently available in the market. Borrowers can refinance their loans now to take advantage of today’s lower interest rates.


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Royal Crypto Bank Launches New Website and Online Trading Platform https://faceovl.com/royal-crypto-bank-launches-new-website-and-online-trading-platform/ Sun, 04 Sep 2022 12:30:00 +0000 https://faceovl.com/royal-crypto-bank-launches-new-website-and-online-trading-platform/ PRAGUE, September 4, 2022 /PRNewswire/ — So far, 2022 has been unpredictable in terms of market conditions, especially when it comes to cryptocurrencies. This is why anyone wishing to get involved in these assets through CFDs should do so through a trusted brokerage platform. Fortunately, Royal Crypto Bank recently announced the launch of such a […]]]>

PRAGUE, September 4, 2022 /PRNewswire/ — So far, 2022 has been unpredictable in terms of market conditions, especially when it comes to cryptocurrencies. This is why anyone wishing to get involved in these assets through CFDs should do so through a trusted brokerage platform. Fortunately, Royal Crypto Bank recently announced the launch of such a platform, which allows trading of cryptocurrencies among other asset classes such as stocks, commodities and forex.

“We have done our best to create the most optimal infrastructure for today’s business atmosphere,” remarked Jodi Laknerspokesperson for Royal Crypto Bank, “combining the latest technologies in the field with rigorous security protocols and a user-friendly interface for ease of use. That said, we are aware that today an online broker is much more than just a platform. That’s why we also provide advice, education, support and all the tools you need to make the right decisions when trading.”

Tomorrow’s Trading Features, Today

Besides the ability to provide the necessary conditions to seize the potential of the markets, Royal Crypto Bank also aspires to provide the ideal atmosphere for this type of activity. This includes several comfortable payment solutions, a wide variety of negotiable instruments, attractive conditions and costs, and more benefits. On top of all this, users registered with this brand also get access to the world-renowned MetaTrader 4 platform, ensuring a smooth experience while trading on the go.

“We have left no stone unturned in our efforts to offer our clients nothing but the highest level of trading today,” added Lakner. “I would like to take this opportunity to thank the thousands of users around the world who have already registered with us. We do not take this for granted and promise to continue to do our utmost to ensure that they are satisfied at all. time.”

About Royal Crypto Bank

Founded by a team of market experts with the aim of bringing something new to the e-commerce landscape, Royal Crypto Bank has quickly grown to become an industry leader, often leading the way for others in terms of innovation and technology. Its edge over the competition is also evident in the superb customer service provided by the brand which is available 24/5 via multiple means of communication. For more information, visit the brand’s website.

https://royalcryptobank.io

SOURCE Royal Crypto Bank

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The Tesla Stock Split Is Over: 5 Things to Know About Wall Street’s Most Anticipated Split https://faceovl.com/the-tesla-stock-split-is-over-5-things-to-know-about-wall-streets-most-anticipated-split/ Fri, 02 Sep 2022 09:21:00 +0000 https://faceovl.com/the-tesla-stock-split-is-over-5-things-to-know-about-wall-streets-most-anticipated-split/ It has been one of the most trying years for Wall Street in decades. The reference S&P500which is generally considered a barometer of Wall Street’s health, produced its worst first-half performance since 1970. If that wasn’t enough, inflation hit a more than 40-year high in June and gross domestic product US has retreated in back-to-back […]]]>

It has been one of the most trying years for Wall Street in decades. The reference S&P500which is generally considered a barometer of Wall Street’s health, produced its worst first-half performance since 1970. If that wasn’t enough, inflation hit a more than 40-year high in June and gross domestic product US has retreated in back-to-back quarters, increasing the likelihood of a recession.

While things certainly didn’t go Wall Street’s way in 2022, the investment community still managed to find a bright light amidst a bleak situation. That proverbial shining light is none other than stock splits.

Image source: Getty Images.

A “stock split” is what allows a publicly traded company to change its stock price and the number of shares outstanding without affecting its market capitalization or operations. Forward stock splits help reduce the price of a stock, while a reverse stock split can increase the stock price of a publicly traded company. Forward stock splits are usually what investors get excited about, because a company wouldn’t spin off if it wasn’t performing well and innovating more than its competitors.

Of more than 200 stock splits announced and enacted in the first eight months of the year, arguably none has been more anticipated than that of the electric vehicle (EV) maker. You’re here (TSLA 0.56%). The world’s most valuable automaker announced plans to spin off in June and, with shareholder approval, completed a 3-for-1 stock split on August 25, 2022.

With Tesla’s stock split now complete, here are five things investors should know after this highly anticipated split.

1. Tesla shares are now much friendlier to ordinary investors

For starters, Tesla completing its second stock split in as many years is a boon for ordinary investors who don’t have access to fractional stock purchases with their online broker. In the blink of an eye, Tesla’s stock price adjusted from almost $900/share to just under $300/share. In other words, investors wishing to take a stake in Tesla can now do so with a significantly reduced amount of money.

It’s worth noting that Tesla’s retail investors are quite vocal on social media message boards, and the company’s CEO, Elon Musk, knows it. The nominal reduction in Tesla’s share price is an easy way to keep these everyday investors engaged.

2. The company’s growth strategy has not changed

One of the most important things to recognize about forward and reverse stock splits is that they have no effect on the operating performance of a publicly traded company. Adjusting the share price and the number of shares outstanding is window dressing.

Following its split, Tesla’s growth strategy remains unchanged. It’s a company focused on ramping up production at its gigafactories in Austin, Texas and Berlin-Brandenburg, which went online earlier this year, as well as making new innovation. Elon Musk’s forecast calls for the Cybertruck and Semi to enter production in 2023, and the humanoid robot Tesla Bot to debut as soon as possible.

To add, stock splits have no effect on a company’s income statement or balance sheet either. Tesla’s cash position, net income, and fundamentals, such as the price-to-earnings ratio, are the same with a stock price below $300 as they were when its stock traded at nearly $900.

Chart showing the drop in Tesla's float percentage since 2013, with a steep drop since 2020.

TSLA Short Float Percentage given by Y-Charts.

3. Short-term interest rates are at historic lows

While Tesla is notorious for dividing the investment community into die-hard optimists and down-to-earth skeptics, it’s worth pointing out that Tesla’s stock split has kept the pessimists firmly on the sidelines.

One of the easiest ways to gauge the investor sentiment of a publicly traded company is to look at the percentage of float held short. A “short seller” is someone who profits from a decline in the price of a security. Simply put, the higher the percentage of shares held short, relative to the marketable float, the more negative the perception of the company.

As of August 15, only 2.35% of Tesla’s free float was held by short sellers. This is the lowest free float percentage since Tesla went public in 2010. If there’s one key takeaway from this number, it’s that Tesla’s stock price is mostly determined by buyers and sellers – not short or short selling. covering.

Chart showing the decline in Tesla's PE ratio since the end of 2021.

PE TSLA report given by Y-Charts.

4. Tesla shares are still incredibly expensive

The fourth thing to note, after the completion of Tesla’s stock split, is that the company remains exceptionally expensive, relative to legacy auto stocks.

As noted, stock splits have no effect on key fundamental metrics. When the closing bell rang on August 30, Tesla was valued at more than 52 times the Wall Street consensus earnings forecast for 2023, had a nosebleed multiple of 70 times expected earnings per share this year and was lagging around a 12-month price/earnings ratio above 100.

Although Tesla brings additional diversification to the table – the company installs solar panels and provides energy storage solutions – and is the undisputed leader in electric vehicle production in North America at the moment, it operates in a industry where single-digit futures price to earnings ratios are the norm.

Traditional car manufacturers like General Motors and Ford Motor Company can be purchased for respective multiples of six and eight times Wall Street’s forecast earnings for the coming year. These are companies with rich histories and strong brand awareness that are investing tens of billions of dollars to deploy new electric vehicles and develop self-driving vehicles.

In short, Tesla’s stock split doesn’t remove questions about its valuation.

Tesla CEO Elon Musk speaking behind a podium at the Shanghai Gigafactory groundbreaking ceremony.

Elon Musk at the groundbreaking ceremony for the Shanghai Gigafactory. Image source: Tesla.

5. Elon Musk remains the company’s biggest risk/liability

Fifth and finally, the completion of Tesla’s stock split in no way hides the company’s greatest liability: its own CEO.

Although Musk is considered a visionary and potentially inseparable from Tesla, when examined from an investment perspective, he brings a host of legal, financial and operational risks to the table that could quickly deflate Tesla’s valuation. his company’s premium. For example, Musk’s possible acquisition of a social media platform Twitter represents the latest in a long history of questionable decision-making by a CEO who should be focusing on the world’s most valuable automotive brand.

But the bigger concern here is that Musk’s forward-looking statements, which play a key role in supporting Tesla’s expensive valuation, have a history of missing the mark. Tesla’s stock split doesn’t change the fact that Musk’s empty promises could come back to bite shareholders.

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