Gmo Trading

Founder and CEO of Tesla Elon Musk has bought shares in his company and increased his part for $10ml, according to CNBC message.     Musk has bought approximately 30 thousand stocks and rose his part in Tesla by 20%. As previously reported, the businessman in accordance with the requirements of the agreement with SEC must buy additional stockholding worth $20 ml.     Tesla shares have grown up by 9% during the current week and company the third time in 15 years has completed the quarter with a net margin.    According to the agreement between Musk and SEC, Tesla`s Chief Executive Officer and his company must pay the fine $20ml each. Also, Elon Musk lost his position of chairman of the board of directors for three years, but he is still CEO of Tesla. In addition, Elon Musk would not be able to do public statements about Tesla`s activities without an alignment.    It should be reminded that Musk`s problems started after his tweet, in which he had promised to buy bac

We see serious dump in the cryptocurrency market – it has lost more than $6bn in a short time. All top coins are in the red zone and   are  still  losing  their cost.    Bitcoin has grown smaller by 2 per cent during the last 24 hours and its course is $6330 right now.  However, digital gold still costs more than 6 thousand dollars, that`s why we will see the consolidation if bitcoin doesn’t fall below this value.     Ethereum also follows trend direction, the second biggest coin has dropped down to $197 (-3,5%).    Altcoins have been no exception since yesterday session: Tron (TRX), Litecoin (LTC), Ethereum Classic (ETC),  Cardano  (ADA) and EOS – all of them lost in the average of 5 per cent. Only a few cryptocurrencies from top 50 are in a green zone.    The total cryptocurrency market capitalization is approximately $203bn,  it means that  the  loss  is  equal to 3 per cent.  The Bitcoin index is more than 54 per cent. The Bitcoin index is more than 54 per cent

ABB`s is going to build a new factory for $150m in Shanghai in 2020, but the most interesting thing is that robots will make robots there. The company said in its statement that it will be “Factory of the future”. This manufacturing should become very technical and advanced in all respects.     The manufacturer will use the factory to produce robots for the PRC and export their products throughout Asia.       “Shanghai has become a vital center for advanced technology leadership – for ABB and the world,” said ABB CEO Ulrich  Spiesshofer  during the project presentation.     The Swedish company expansions their business in China notwithstanding trade problems Asian country with the US, which can touch car development, electronic and another sphere in need of robots and automatic commencement.      As ABB said, every third robot was sold in the world in 2017 went to the People's Republic of China, accounting for 138 thousand.     “The investment today is a ver

Investors has been disappointed because of Amazon shares matched expectations: company has promised a record income equal $3bn. But Thursday news gave bad conclusion – internet retailer has demonstrated only $1bn profit over the last month.   As a result of the indicators, companies' shares lost 9% in few hours trading – it is the smallest closing per one day since May 2018.  Let's have a talk about numbers:  At the peak of session Amazon stock cost 1796 per one (+5,4%), but then it dropped to $1650 and lost 7,7%. Important thing that copany has been able to get revenue in range of $66,5-72,5bn, however, traders were not inspired by such figures. Investors wanted to see earnings no less than $73.79.    Amazon predicts increase of sales by 10%-20% during the fourth quarter of 2018 in compare at the same time with previous year. It means that company waiting for profit in range of $2,1-3,6bn and such numbers is also smaller than Wall Street expectations – 3,9 bn.

It`s only been a week since Tesla had launched new version of their “middle” Model 3, but company has increased car`s price to $46 thousands. New price tag is more than previous by one thousand. But this isn`t the only change in electric vehicles developer price strategy.    Premium version of Model 3 changed price too at the same time, electric car with dual motor is cost cheaper than was by thousand – $53 thousands. As we know, Tesla has sold more than 55 thousand Model 3s in the penultimate quarter. This count representants more than $3 bn with the average cost per model of $59 thousands. GMO Trading don’t know why Tesla decided to change their prices. All we have, it's just short statement. “We made a slight adjustment to our pricing for Model 3 following the introduction of the Mid Range Battery last week. We will honor the lower pricing for all in-progress orders,” said Tesla representatives. Let us recall that starting version of Model 3 (Mid Ran

Yesterday`s losses have not prevented to return some positions to petroleum  prices because  of approaching American sanctions against Iran. The last in focus again. Such situation has allowed flotation of oil to change  their  indicators.   Brent oil futures  for December lost more than 4% and has traded at $76.44 per barrel. The day before  it fell 5% to $75,88 per barrel which had been the lowest result since the first decade of September.   WTI oil futures for December w ere  traded at $66.04 per barrel, but it`s dropped just like Brent by 5% to $65.74 yesterday. New York`s session closed at $66,43 per barrel, despite expectations that it can exceed $66 level again.   Such rally situation was triggered because  Saudi Energy Minister Khalid Al- Falih  promised to produce oil as much as  possible  in relation to expected impact of sanctions when he was talking to  OPEC .  So,  in other words, Saudi Arabia is clearly  go ing to take Iran`s place and offset any

Brexit is one of the most popular topics in British society and bosses of international companies is not an exception. In an interview with Reuters ,  Philips CEO  Frans van  Houten  described his vision of British manufacturing future . One little spoiler, it wouldn`t be favorable.   He said that  he  w as certainly  worried   about   trading between Britain and the European Union . It  could be more difficult than now.  H e decided to tell  t hese  words   when   his company had published worse than expected income report for the third quarter. This bad  state of affairs made  him to think that British manufacturing hub would be at risk because of  Brexit.   Company`s major factory  is located in   Glassford,  Frans van  Houten  thinks a hard or no-deal Brexit will smack down  their  products.    Philips looks forward to a customs union at least; it all depended on the outcome of  Brexit  result. Unless they  were  able to resolve the problem, company wou