Globally, the technical position of the markets post the Q3-22 weakness, was supportive of a bear market rally going in to Q4-22 driven by earnings commentary and economic data which though weakening, are yet not in recession territory.
SpaceX draws retail investors despite fall in shares post earnings
Retail investors bought SpaceX shares on Wednesday after a significant price drop. Individual traders purchased over twenty-two million dollars worth of stock. This buying activity