Robotaxi / Cybercab

TAGS: Technical Analysis Software

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News in Brief

  • US-Canada trade talks collapse, triggering Trumps’s 50% tariffs.
  • Mexico optimistic it can achieve lower US tariffs on cars, steel.
  • TikTok to pay $400 million to settle DOJ child privacy case.

MarketWatch:

  • Stock futures flat as US and Canada appear headed for trade war.
  • Dow ends sharply higher, but stocks book weekly losses amid bond selloff.
  • Tesla’s stock jump as the company gets cleared for a Las Vegas robotaxi launch.

yahoo! finance:

  • AI cloud firm Nscale is said to seek up to $3B in US IPO.
  • Broadcom seeks up to $80 billion in debt for AI chip deal.
  • Alibaba shares fall 8% after $10 billion Hong Kong share sale.

 The Tesla Robotaxi is finally here. “The Cybercab can see in all directions, and never gets tired,” with Musk promising they’ll be in full production by 2026 with prices starting from $30,000.

Global Indexes

S&P 500

The S&P 500 made a high wave candle against its EMA8 resistance in semi-oversold territory.

DAX

Similar for the DAX’s with a positive candle.

HANG SENG

The HANG SENG continued its positive trend after the breakaway gap.

NYSE & NASDAQ Stocks

Deere Company

DE is continuing its positive trend after the long-legged high wave candle.

Estee Lauder Companies Inc

Similar for EL.

JSE Stocks

JSE All Shares

Similar for the JSE All Shares.

Impala Platinum Holdings Ltd

Similar for IMP after a long-legged doji. It closed on its 200 DMA resistance.

Algomodel Strategies, Education & Features

Click on Education or go to the home page to view education posts.

Frontrunner, Gaps, Trend and Cyclic Indicators are explained in these education posts.

All stock graphs are shown with a Trend Candles Template which is a feature available in Algomodel Signals Pro.

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