13 min
April 28: Another Bank Failure, Tesla Drops Prices (again), US economy weakening (Recap ep275) Day Trading Academy
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- Investing
In Today’s recap, Marcello talks about the collapse of Republic First Bank as it served as a stark reminder of the vulnerabilities within the financial sector. Tesla’s shares surged by a remarkable 12.06%, propelling Nasdaq to its third consecutive day of gains. However, concerns loomed over the US economy as growth slowed to a sluggish 1.6% in the first quarter, the weakest pace since 2022. The median U.S. home sale price hit a record $383,725 in the 4 weeks ended April 21, [...]
In Today’s recap, Marcello talks about the collapse of Republic First Bank as it served as a stark reminder of the vulnerabilities within the financial sector. Tesla’s shares surged by a remarkable 12.06%, propelling Nasdaq to its third consecutive day of gains. However, concerns loomed over the US economy as growth slowed to a sluggish 1.6% in the first quarter, the weakest pace since 2022. The median U.S. home sale price hit a record $383,725 in the 4 weeks ended April 21, [...]
13 min