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US News Elon Musk (again) explodes the price of a stock exchange

12:25  27 january  2021
12:25  27 january  2021 Source:   pressfrom.com

Is the Stock Exchange becoming a big casino, because of the central banks?

 Is the Stock Exchange becoming a big casino, because of the central banks? © Wikimedia Is the Stock Exchange becoming a big casino, because of central banks? IPOs, bitcoin, Tesla, Signal ... Market aberrations and extreme volatility are increasing on the stock market. A situation largely attributable to the massive liquidity injected by central banks and the frantic quest for yield from investors ...

Elon Musk fait (encore) exploser le cours d’une action en Bourse © Bloomberg / Getty Images Elon Musk (again) explodes the price of a stock With simple messages on his Twitter account, Elon Musk has had a major impact on the stock market in recent days.

On January 7, Elon Musk had already demonstrated his stock market strike force. When he wanted to get people to use the Signal app instead of WhatsApp, the second richest man in the world had jumped the price of a Texas company called Signal. Bis repeated this week, as told by Europe 1 . The boss of Tesla has given a nice boost to the online sales site Etsy which has seen its share jump.

So, in his tweet, the billionaire simply explains that he loves Etsy, before specifying in a second post that he bought a knitted wool helmet there for his dog. His statement boosted Etsy's stock market price by 18%. While the effect was not sustained over time, this instant reaction proves Elon Musk's ability to influence stock prices thanks to his very strong community. On January 13, he also boosted the share of video game company Bandai Namco by 4% by posting on Twiter ... the image of a game character.

Elon Musk wants to pay $ 100 million to whoever invents the best technology for CO2 reduction

 Elon Musk wants to pay $ 100 million to whoever invents the best technology for CO2 reduction Tesla and SpaceX CEO Elon Musk announced on Thursday its latest philanthropic project: a competition to promote innovative technologies for CO2 reduction Deposition. "I'm donating $ 100 million in an award for the best carbon capture technology," tweeted to Musk, adding that he will be sharing details next week.

I kinda love Etsy

- Elon Musk (@ elonmusk) January 26, 2021

>> Read also - United States: Elon Musk mocked after proposing to build a tunnel under Miami

Elon Musk does not seem to want to stop there, however. He also weighed in on another case. In a new tweet, the Tesla boss this time posted the message "Gamestonk", along with a link to a Reddit forum. However, this message seems mainly intended to support small investors. As France 24 notes, the video game brand GameStop has been the subject of a sort of stock market war between e-stock marketers and speculators in recent months. The company, which is facing real financial difficulties, has seen its share drop from 2.80 to 77 dollars in the past nine months. While it is the most traded stock in the world on Tuesday January 26, its price climbed to $ 147.98 at the close. As the Futurism site points out, Elon Musk has had a conflicted relationship for several years with short-term speculators whom he accuses of damaging Tesla's market value.

Gamestonk !! https://t.co/RZtkDzAewJ

- Elon Musk (@elonmusk) January 26, 2021

>> To read also - When Elon Musk wanted to sell Tesla to Apple

Wallstreetbets, Gamestop, AMC: Berlin Trade Republic asks forgiveness .
In an email to its customers, the operators of the broker app Trade Republic apologized to their users. The startup said self-critically, expectations were disappointed. © Trade Republic Trade Republic founders Marco Cancellieri, Christian Hecker and Thomas Pischke from left Last Thursday, in what appeared to be a concerted action, many online brokers decided to either trade in extremely volatile assets like the Gamestop share to suspend entirely or at least to limit it.

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This is interesting!