Investors are anticipating some major big tech earnings releases set for the coming days. Some of the big tech companies include IBM, Microsoft, AT&T, and Tesla. In mid-November 2021, rising interest rate fears and inflation concerns deterred investors from software companies, which sent scores of prior outperformers into correction territory.
Tesla CEO Elon Musk is continuing his nearly two-month-long trend of selling huge quantities of Tesla stock. Let’s take a look at what may be influencing Musk to divest himself of over $1 billion of his company’s stock.