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During Tesla Inc's (NASDAQ: TSLA) battery day event, CEO Elon Musk revealed the new Model S Plaid.It's a powerful fully electric vehicle with 520-plus miles of range and a zero-to-60 mph time of under 2 seconds that starts at $139,990. Beyond that, few details were shared.Now Musk has said on Twitter that the Plaid Model S will be using Tesla's new 4680 battery cell technology. These cells are more energy-dense, allow faster charging, better power and performance and a lower cost. The cells will also be packed into the vehicle in a new way, using Tesla's structural pack approach. This allows the cells to be built into the structure of the car, saving space and increasing safety. The Plaid Model S is expected to be released at the end of 2021.Benzinga's Take: While some may have assumed this news was true, it's nice to see the confirmation. Tesla is working on...
The Euro rallied during the course of the week, breaking back above the 1.17 level and slamming into a previous uptrend line, but the uptrend line has held....
The Australian dollar rallied quite stringently during the week, reaching towards the 200 week EMA before pulling back....
One of the most common mistakes that investors make is falling victim to what is known as “anchoring bias.” Advanced Micro Devices (NASDAQ:AMD) stock is one of the best examples of how detrimental that bias can be.
Source: Sundry Photography / Shutterstock.com Anchoring bias isn’t limited to investing. It’s simply an overreliance on the first piece of information we receive. If, for instance, we see a television that costs $3,000, the next television which costs “only” $1,200 seems cheaper. Had we seen a $400 TV first, however, our perception of that $1,200 price tag would be very different.
For investors, it’s often past prices that drive anchoring bias. Think of a stock that once traded at $50, but now trades at $15. It seems like an opportunity. It’s “on sale.” It’s “cheaper.”InvestorPlace - Stock Market News, Stock Advice & Trading Tips
Now think of the converse: a stock that has gone from $15 to...
Yahoo Finance’s Alexis Christoforous and Brian Sozzi speak with Bill Newlands, CEO of Constellation Brands, the maker of Corona, about the state of the beer and wine industry in the COVID-19 pandemic....
