Boeing Delivery Report

The Boeing Company() announced today deliveries across its commercial and defense operations for the first quarter of 2019. Total Deliveries were 149, down significantly from last quarter(238) and same period a year ago(184). Deliveries of 737s were down almost 50% to 89. Possibly more distressing, Net orders fell to 95 from 180 a year ago … Continue reading Boeing Delivery Report

Britain Talks of Regulating Big Tech

UK prime minister Theresa May. Reuters The British government proposal will regulate social media, search, messaging and various other platforms for content that causes "online harm." Such content includes terrorism, serious violence, hate crimes, harassment, disinformation, encouragement of self-harm and suicide, abuse of public figures, interference with legal proceedings, cyber-bullying, and children accessing inappropriate content. … Continue reading Britain Talks of Regulating Big Tech

2019 Second Quarter Commentary

THE FEDERAL RESERVE BOARD (Fed) Since World War II, the goal of the Federal Reserve Board (Fed) has been to stabilize prices and maximize the level of employment. To achieve these objectives, the Fed has believed it necessary to predict future inflation rates and to steer interest rates up or down to maintain stable prices.  … Continue reading 2019 Second Quarter Commentary

Jobs Report

Nonfarm payroll increased by 196,000 in MarchUnemployment rate unchanged at 3.8%Notable job gains occurred in health care and in professional and technical servicesNumber of unemployed persons essentially unchanged at 6.2 million Consensus estimate according to fxstreet.com was 180,000 increase, so actual topped estimate by 10%. Wages were also slightly down but back to normal. February's … Continue reading Jobs Report

Tesla Deliveries Worse than Expected

Tesla () delivered approximately 63,000 vehicles, approximately 50,900 Model 3 and 12,100 Model S & X. Analysts surveyed by FactSet has expected 76,000 deliveries, with about 54,600 of those being Model 3 sedans.Increased deliveries in Europe and China, as well as other challenges, caused delivery delays, only half of entire quarter's number were delivered by … Continue reading Tesla Deliveries Worse than Expected

Semiconductor Shares Soaring #semiconductor

Shares in semiconductors are trading sharply higher Wednesday following a report that suggests a key Asia supplier is seeing more orders for smartphone chips heading into the second quarter. Advanced Micro Devices () is up almost 9% at the time of this article, Applied Materials () up almost 4%, Micron (MU) up 4.5%. The Digitimes … Continue reading Semiconductor Shares Soaring #semiconductor