Tag Archives: Momentum

Dogecoin (CYRPTO: DOGE), often branded as a meme coin, saw a meteoric rise last week, hitting a high of 43.77 cents Friday before giving back some of the gains over the weekend. Its rising popularity, thanks in part to the unstinted support of Tesla Inc.’s (NASDAQ: TSLA) Elon Musk, is pushing the cryptocurrency into the mainstream. Doge’s Heady Gains: At its all-high Friday, the cryptocurrency had tacked on a gain of over 9,200% for the year-to-date period. Doge ended 2020 at 0.47 cents and… Source link

Bloomberg Tesla Is Plugging a Secret Mega-Battery Into the Texas Grid (Bloomberg) — Elon Musk is getting into the Texas power market, with previously unrevealed construction of a gigantic battery connected to an ailing electric grid that nearly collapsed last month. The move marks Tesla Inc.’s first major foray into the epicenter of the U.S. energy economy.A Tesla subsidiary registered as Gambit Energy Storage LLC is quietly building a more than 100 megawatt energy storage project in… Source link

TipRanks The Bottom Is in for These 3 Stocks? Analysts Say ‘Buy’ Never say that one person makes no difference. This past Thursday, stocks tumbled, bonds surged, and investors started taking inflationary risks seriously – all because one guy said what he thinks. Jerome Powell, chair of the Federal Reserve, held a press conference at which he gave both the good and the bad. He stated, again, his belief that the COVID vaccination program will allow a full reopening of the economy, and that… Source link