Top Market, Crypto, Tech and Politics Headlines Today While US Was Sleeping
Portfolio Pulse from Akanksha Bakshi
Cathie Wood sold over $13M worth of Tesla shares and continued buying Meta Platforms stock. The Fear & Greed Index remains in 'Extreme Greed' zone after Dow gains for the sixth consecutive session. Google's new AR game could potentially rival Pokemon Go. Tesla's new venture xAI is in the spotlight. Ford is concerned about Tesla's Cybertruck, leading to a price slash for F-150 Lightning. Fisker joins Tesla and BYD in the battle for India's EV market. Jack Dorsey's Block is building a sci-fi inspired crypto wallet. BlackRock faces criticism for 'ESG facade' after naming Saudi Aramco chief to board.
July 18, 2023 | 10:45 am
News sentiment analysis
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NEGATIVE IMPACT
BlackRock faces criticism for 'ESG facade' after naming Saudi Aramco chief to board.
The criticism faced by BlackRock for naming the Saudi Aramco chief to its board, especially in the context of ESG concerns, could potentially lead to a short-term negative impact on the stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Cathie Wood sold over $13M worth of Tesla shares. Ford is concerned about Tesla's Cybertruck, leading to a price slash for F-150 Lightning. Fisker joins Tesla and BYD in the battle for India's EV market.
The sale of Tesla shares by a prominent investor like Cathie Wood could potentially lead to a short-term negative impact on the stock price. Additionally, increased competition in the EV market in India and concerns from Ford about Tesla's Cybertruck could also impact the stock negatively.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Cathie Wood continued buying Meta Platforms stock. Zuckerberg's Threads tightens rate limits on 'spam attacks'.
The continued purchase of Meta Platforms stock by Cathie Wood could potentially lead to a short-term positive impact on the stock price. The company's proactive measures against 'spam attacks' could also be seen positively by investors.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80