‘Two-stocks’ are better than one? Repacking ‘pair trades’

‘Two-stocks’ are better than one? Repacking ‘pair trades’

The exchange-traded fund industry is trying to make pair-trade strategies more accessible to everyday investors. Tidal Financial Group’s Michael Venuto filed last month for eight two-stock ETFs: going long one stock and short the other. “They should come out probably in about two or three months,” Venuto, the firm’s chief investment officer and co-founder, said on CNBC’s…

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Tesla shares jump on profit beat, Musk’s prediction of at least 20% ‘vehicle growth’ next year

Tesla shares jump on profit beat, Musk’s prediction of at least 20% ‘vehicle growth’ next year

Tesla CEO and X owner Elon Musk speaks during an unveiling event for Tesla products in Los Angeles, California, U.S. October 10, 2024 Source: Tesla | Youtube Tesla reported third-quarter earnings Wednesday that topped analysts’ estimates even as revenue came in just shy of expectations. The stock popped 12% in extended trading. Here’s what the…

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