In today's stock market news we talk about Dogecoin and SpaceX, Tesla's demand, ARK Invest's ETFs and a potential ethereum ETF. No sub yet? No prob:
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Today's stock market news:
Dogecoin
SpaceX will accept dogecoin to fund a mission to the moon.
Elon will bring a satellite called Doge-1 to space in 2022.
He also mentioned Dogecoin during his Saturday Night Live appearance.
TSLA stock
Tesla starts Q2 strong and is on track to deliver more than 200,000 cars.
Wedbush believes demand in China for EVs has been very strong these months.
Nio, Xpeng and Li are also benefitting from that rising demand.
ARKK ETF
Cathie Wood says Bill Hwang provided the seed for her ETFs.
Hwang ran Archegos that imploded back in March.
The firm was high on leverage and couldn’t meet the margin calls.
Ethereum
And ethereum has crossed the 4000 dollar mark.
VanEck has applied for an ethereum ETF, which could lead to higher adoption.
Ethereum’s market cap is about 2.5 times lower than bitcoin’s.
Sources:
https://finance.yahoo.com/news/elon-m...
https://seekingalpha.com/news/3693681...
https://finance.yahoo.com/news/cathie...
https://www.nu.nl/economie/6132467/cr...
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Nesami provides this video for informational purposes only. None of the information within this video should be interpreted as investment, financial or other advice. The information is of a general nature and does not take into account the circumstances of any particular individual. You alone are responsible for evaluating the benefits and risks associated with the use of any information within this video. Nesami cannot be held liable for any claim for damages arising from any decision you make based on the information within this video.
Tags: Dogecoin moon, Dogecoin SpaceX, Dogecoin Elon Musk, Dogecoin SNL, Elon Musk SNL, Saturday Night Live, Tesla Q1, Tesla China, China EV demand, Bill Hwang ARK Invest, Archegos, ethereum ETF, Van Eck Ethereum, ethereum market cap, stock news, stock market news, investing news, finance news, business news
Hashtags: #shorts #Dogecoin #SpaceX #ElonMusk #SNL #Tesla #ARKInvest #ethereum #ETF #investing #stockmarket
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