Tesla slides after report says Amazon has invested in a self-driving startup
Tesla slid to session lows Thursday morning after a report said Amazon had invested in a self-driving-vehicle startup.
Shares were down more than 4% to near $304.12 apiece after Bloomberg reported that the self-driving startup Aurora Innovation had raised $530 million from a group of investors including the venture- capital firm Sequoia Capital and had financial backing from Amazon and T. Rowe Price.
Amazon just invested in self-driving car company Aurora
Self-driving car start-up Aurora announced Thursday that it has raised more than $530 million in funding, from investors including Amazon, Sequoia and the investment arm of energy giant Shell.
“This funding and partnership will accelerate our mission of delivering the benefits of self-driving technology safely, quickly, and broadly,” Aurora said. Aurora’s management has a lot of experience in the automotive industry.
Stock market bears are preparing for this day in February
On February 13th at 8 PM Eastern, some of the most recognized names in the investment world will share their take on what you can expect in 2019. Including several former hedge fund managers, who will reveal what they are personally doing with their money right now.
In Pursuit of Making Money
Imagine you wrote an algorithm that printed money…
What would that look like?
How would it work?
More importantly, WHY would it work?
Most traders never think of their success or failure in this way. They only want the outcome, which leads to short-term thinking.
If you want to make money, real money, consistent money, big money…you need to make a commitment. I see too many traders jumping from system to system before the system has a chance to perform.
A system “works” because you give it a chance to work. And because you actually follow it.
The number one cause of failure? Lack of commitment to an edge. A commitment to one, crystal clear strategy.
Struggling? Review your trading for the last 3 months. Did you trade your system flawlessly or did you chase opportunity?
Never forget, your system gives you money, not the market. Give it a chance to perform.
That’s exactly what profitable algorithms do.