Unusual Whales

Elon Musk sells Tesla shares

He filed two Form 4s where he sold over three million $TSLA shares. This was worth at nearly $3-4 billion on August 5th. The filings: - https://sec.gov/Archives/edgar/data/0001494730/000089924322028184/xslF345X03/doc4.xml… - https://sec.gov/Archives/edgar/data/0001494730/000089924322028181/xslF345X03/doc4.xml… -

Trump's home raided by FBI

This is a breaking news story. Below is the statement by Trump.

Biden tests positive for Covid again

President Joe Biden tested positive for Covid-19 once again after consecutive days of testing negative for the virus, his physician said. Biden is experiencing no new symptoms and “continues to feel quite well,” Dr. Kevin O’Connor said in a memo shared by the White House. O’Connor had previously

Elon Musk counter sues Twitter

Elon Musk filed under seal his answer and countersuit to Twitter's lawsuit over his $44 bln deal to acquire the social media company, according to a court filing. Currently, it's sealed, so will need to wait for reveal. Delaware Chancery Court Judge Kathaleen St. J. McCormick set the trial date

House passes assault weapon ban

The House on Friday passed a ban on assault weapons, 217-213, likely to fail in the Senate. The assault weapons ban would not apply to some types of firearms, including antiques, rifles and shotguns explicitly identified by make and model, and guns that are manually operated in a variety of

semiconductors

Congress personally invested in semiconductors

Congress has passed the CHIPS Plus or Chips and Science Act. Which elected official could be benefiting personally from this? Let's find out!

Biden has signed CHIPS+ Bill

Numerous items are key to the $280 billion total bill, per Axios. - $52.7 billion for chip manufacturing, research and production, including $2 billion for legacy chip production. - 25% tax credit for investments in semiconductor manufacturing, worth about $24 billion. - $1.5 billion for the development of

Coinbase faces SEC probe

Coinbase, $COIN, is facing an SEC probe into whether it let Americans trade digital assets that should have been registered as securities, per Bloomberg. The SEC’s scrutiny of Coinbase has increased since the platform expanded the number of tokens in which it offers trading, said two of the people,

educational

What happens to options contracts after a split?

What happens to options contracts after a stock split?

Rents across US

From Bloomberg, numerous places have increased rent. For example, The 108% surge in Austin rent, to an average of $3,257 a month, is by far the largest year-over-year increase in the country, according to the latest monthly look at national prices from Rent . com. Suburbs of big cities have

75% of middle-class households say their income is falling behind the cost of living

Among those whose income falls in the $30,000-to-$100,000 range, 75% say their earnings are falling behind the cost of living, and 77% think the U.S. will be in a recession by the end of 2022, according to a recent survey from Primerica. Per CNBC: There’s

President Biden Tests Positive For COVID-19

The White House announced Thursday morning that President Joe Biden has tested positive for COVID-19. The 79-year-old is fully vaccinated and boosted twice. He is currently taking Paxlovid, a COVID-19 treatment pill produced by Pfizer. Biden’s symptoms are reportedly a dry cough and fatigue.

educational

SPIKE up that flow

A rundown on the SPIKES Volatility index.

Elon Musk to counter sue

Per the NYP: "Elon Musk plans to file a counter-lawsuit against Twitter in the coming days — the tech billionaire’s latest attempt to scrap his $44 billion agreement to buy the social-networking giant, a source close to the case told The Post. The purpose of the countersuit would be to

Clarida cleared of trading

Per Reuters: Trading activities by Federal Reserve Chair Jerome Powell and former Vice Chair Richard Clarida did not violate any laws, rules or policies, the Fed’s independent Office of Inspector General said on Thursday. The report was the result of a nine-month investigation by the independent watchdog into trading

Pelosi's Lastest Trading Moves

Nancy Pelosi strikes again! On Thursday, July 14, 2022, Unusual Whales reported that the Speaker of the House made the following moves: Sold 10,000 $V shares at $1-5MSold 50 $AAPL call leaps (bought June 15, 2021 with strike $100 expiring June 17, 2022)Exercised 200 $NVDA call leaps (bought

Celsius informs state regulators that it’s filing for bankruptcy ‘imminently,’

Per CNBC: Crypto company Celsius is in the process of filing for Chapter 11 bankruptcy, according to a source familiar with those discussions. The company’s lawyers were notifying individual U.S. state regulators as of Wednesday evening, according to the source, who asked not to be named because the

CPI hits 9.1%, highest in 40 years

CPI data hits 9.1%, up 1.3% above the estimate of 8.8%. Month on month increased by 1.3%. Estimated was 8.8%. Overall price increases: -Fuel oil: +98.5% -Gasoline: +59.9% -Electricity: +13.7% -Food at home: +12.2% -New cars: +11.4% -Overall CPI: +9.

Three Arrows Capital Assets frozen

From CNBC: A federal judge in a New York bankruptcy court has frozen the remaining assets of crypto hedge fund Three Arrows Capital following the firm’s rapid fall from prominence. The fund, founded nearly a decade ago, managed $10 billion in assets just a few months ago. It's two

Twitter sues Elon Musk for Twitter deal

Twitter sued Elon Musk to force him to complete his $44 billion acquisition of the company at $54.20 per share. Musk agreed in April to buy Twitter but declared last week that he would not do the deal given the Twitter bots. To push Mr. Musk to abide by

Cathie Woods

Cathie Wood’s Sinking ARK

Let's take a deep dive into ARK Invest and their trading strategy over the years. What can we learn?

Liquidators searching for 3AC founders

Per Reuters: "Representatives for Three Arrows Capital (3AC) have asked a U.S. bankruptcy court in Manhattan to force the cryptocurrency hedge fund's founders to participate in the liquidation proceedings, saying they can't be located and have blown off requests for necessary information. The court scheduled an emergency hearing on

CPI expected to be highly elevated

Jean-Pierre, the spokesperson for the White House, has said that she expects the CPI data to be highly elevated. Previous readings were 8.6%. Current expectations are around 8.8%. Check all data here: unusualwhales.com/alt-data

GME has officially launched NFT marketplace

The NFT marketplace is live after being in the works since last year. This means it has launched its non-fungible token marketplace to allow gamers and creators to buy and sell NFTs. In February, the company said it would partner with layer 2 system Immutable X for its NFT plans.

Elon Musk terminates Twitter bid

Musk, who is the CEO of electric vehicle maker of Tesla, has previously stated he was threatening to walk away from the $44 billion deal to buy Twitter after raising concerns about the number of fake accounts on the platform. Musk has stopped in funding discussions that would see him