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Good morning friends! Today is Thursday, February 1st.
Before we begin today’s episode, I wanna apologize for the delay. I was out of town for a few days and just got back yesterday. For those who are going to travel for the holidays, please be prepared. The railway station is now completed packed with travelers. I am sure the airport won’t be any different. For many, this CNY might the first time that we actually travel like we used to. So, enjoy traveling.
This Year, Tesla Stock Isn’t So Magnificent - WSJ
The stocks in the Magnificent Seven are off to the races again in 2024, with one notable exception:Tesla . mania: mental illness marked by periods of great excitement or euphoria, delusions, and overactivity.狂躁 The other Magnificent stocks—Google parent Alphabet, Amazon, Apple, Meta, Microsoft and Nvidia—have gained an average of 9.3% in January. Apple, which is down .06%, is the only other stock in the red. aghast:filled with horror or shock. 惊愕 The swoon in the shares triggered a frenzy of activity in the market for stock options, a favorite way for traders to play Tesla’s wild swings. swoon: faint from extreme emotion. 昏厥 For years, Tesla shares soared along with demand for electric cars. The status of the automaker as a dominant player in a market with huge growth potential led investors to bless the stock with a rich valuation on par with leading technology companies.
Tesla’s results and guidance “show it’s nothing more than a struggling car company,” analysts at GLJ Research said Thursday in a note to clients. Contentious: causing or likely to cause an argument; controversial. 有争议的