The White House warns of a potential stock market crash exceeding 45% in the event of a US Debt default. As the debt crisis continue to brew, the stock market now stays at a high level since Aug. of 2022. There are several dangerous signs of a possible pullback of broader market.Risk 1: Debt default may cause a 45% market crash?Analysts warn of more volitility in stock market.Back in 2011, the two parties in the United States reached a compromise at the last minute to avoid a debt default, leading to the first-ever downgrade of the U.S. Treasuries credit rating by Standard & Poor's.Some strategists warn that the stock market may experience volatility before June 1, the so-called “X-day.”Currently, as the deadline approaches, stock market investors do not appear to b
Despite a record-high number of deliveries, Tesla's Q1 earnings and revenue missed expectations. Gross margins declined significantly as a result of price cuts on cars, resulting in a decrease in the average selling price (ASP). Tesla's stock fell 6.07% after-hours. [Cry]Source from Tiger Trade AppTesla released its quarterly financial report on April 19th, which showed that its revenue for the quarter totaled $23.33 billion, a 24% YoY increase, slightly below the $23.35 billion consensus estimate of Bloomberg analysts. In addition, adjusted earnings per share (EPS) were 85 cents, a 21% decline over the prior year, slightly below the consensus estimate of 85.5 centsSource from BloombergHighlights of Tesla's earnings reportTesla reported a profit of 85 cents a share, meeting expectations, o