No chips, no problem

By: Miguel A. Rodriguez

13:19, 06 April 2021

Tesla’s stunning delivery numbers supercharge EV stocks.
  • #Tesla Inc.’s stellar first-quarter delivery numbers stood out amid a difficult backdrop of the auto industry struggling with a semiconductor shortage, giving a boost to stocks of electric-vehicle companies.
  • #Bitcoin has been on a tear as institutional investors dabble in #crypto as a way to boost returns on cash in a world of near-zero interest rates.
  • U.S. stocks set a course for new record highs as blow-out economic data increased investor risk appetite while putting bonds under pressure on worries the #Federal #Reserve could start raising interest rates.

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