News for hackers. Stuff that matters.
Re:Tesla share slide knocks $97bn off valuation ahead of Twi... by greenyoda on Tuesday April 26, 2022 @01:13PM (#31170183)
Currently, the NASDAQ is down 2.92%, but TSLA is down much more: 10.71%. [1]

https://finance.yahoo.com/quote/TSLA

[1] As of 1:13PM EDT on 4/26/2022.

Re:Tesla share slide knocks $97bn off valuation ahead of Twi... by ButchC on Tuesday April 26, 2022 @01:36PM (#31170496)
Okay some portion of that may be Twitter but what does Twitter have to do with Lucid being down -8.4%, Rivian being down -9.3%, QuantumScape being down -8.6%, and Carvana being down -9.4%?
Re:Tesla share slide knocks $97bn off valuation ahead of Twi... by mgh2 on Tuesday April 26, 2022 @01:39PM (#31170546)
Exactly. Take media with a grain of salt when it comes to the stock market, most news are manufactured and speculated for traders to profit from fluctuations.
Re:Tesla share slide knocks $97bn off valuation ahead of Twi... by dudefaux on Tuesday April 26, 2022 @02:10PM (#31170972)
And who’s the puppet master?
Re:Tesla share slide knocks $97bn off valuation ahead of Twi... by mgh2 on Tuesday April 26, 2022 @02:16PM (#31171071)
Re:Tesla share slide knocks $97bn off valuation ahead of Twi... by mgh2 on Wednesday April 27, 2022 @01:09AM (#31176542)
It is ironic because of the article itself - Musk buying Twitter...

Recommended reading "Trust Me, I'm Lying: Confessions of a Media Manipulator" https://www.amazon.ca/Trust-Me-Lying-Confessions-Manipulator...

Re:Tesla share slide knocks $97bn off valuation ahead of Twi... by matt_s on Tuesday April 26, 2022 @02:44PM (#31171458)
Stocks that are more volatile upwards are also more volatile downwards. If the entire market is trending down then volatile stocks will trend down more.