Far Left Labour Party Sees Huge Loss in Australia

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FLASH: The conservatives aka the Liberal party in Australia pulled off a stunning upset in the national elections Saturday. The leader of Australia’s opposition Labor Party, Bill Shorten, has accepted defeat in a shock result for the country’s federal elections. The ruling centre-right coalition led by Prime Minister Scott Morrison looks set to return to power in defiance of polling...

Space: May’s Full Flower Moon Saturday Is a ‘Blue Moon’

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The term "Blue Moon" is most often associated with a month containing 2 full moons. Not happening this month, and yet 18 May brings a Blue Moon according to rules drawn up by an Almanac editor nearly a 100 yrs ago. This year, the Vernal Equinox occurred at 5:58p EDT (2158 GMT) on 20 March followed less than 4 hours...

Superyachts Sailed into Cannes for the Film Fest

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FLASH: Cannes Film Festival draws the who’s who of the film industry, along with their Superyachts, as 10 of the largest have been spotted on the French Riviera. The Cannes Film Festival unofficially is the opening of Superyacht season in France. The annual event 1 of the season's destinations for many of the world's wealthiest people. This year’s Festival...

Netflix, Inc. (NASDAQ:NFLX) facing a unique new challenger in Walt Disney

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Netflix, Inc. (NASDAQ:NFLX) facing a unique new challenger in Walt Disney Netflix (NASDAQ: NFLX) stock has been one of the best-performing names for the past decade. Netflix stock is up more than 6,000% since 2009, and the company’s long-term growth outlook is as strong as ever. However, this year, Netflix is facing a unique new challenger in Walt Disney (NYSE: DIS). Disney...

Ferrari’s (NYSE:RACE) 2019 Portofino is Racy

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$RACE FLASH: Ferrari Portofino is a work of art and is an upgrade on the California Charles Fleming of the LA-T's SoCal driving impressions are as follows: Being a Ferrari is like being a superstar entertainer or an elite athlete. If you do everything perfectly, no one really notices. But have one bad day and you are...

Tesla (NASDAQ:TSLA) Stock Marking 2-Year Lows, Musk Tries to ‘Stop the Bleeding’

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$TSLA Tesla (NASDAQ:TSLA) sank to a 2-year low after CEO Elon Musk told employees that effective immediately he and the fledgling EV maker’s new CFO will be scrutinizing every dollar the company spends in a “hardcore” focus on costs. Almost laughable if not so futile attempt to stop the bleeding there. In an e-Mail to staff, Musk said it was...

US Economy Continues to Expand

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$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX FLASH: This economic expansion is set to become longest in US history, according to the latest leading-indicators data. The Conference Board Leading Economic Index (LEI) for the US increased 0.2% in April to 112.1, following a 0.3% increase in March, and a 0.2% increase in February. "The US LEI rose in April, the third consecutive increase,...

Consumer Sentiment Marks 15-Year High, Outlook Upbeat

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US consumer sentiment spiked to the strongest marks since Y 2004 on a surge in economic expectations following an unexpectedly strong report on first quarter growth. The University of Michigan's preliminary sentiment index rose to 102.4 in May, topping all estimates in a survey of economists who had projected the gauge would hold at 97.2. 5 years ago in May 2014 under...

Amazon.com, Inc. (NASDAQ:AMZN) crushed Q1 views, but sales growth has been slowing

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Amazon.com, Inc. (NASDAQ:AMZN) crushed Q1 views, but sales growth has been slowing The Leaderboard stock is chasing a 1964.50 buy point. Shares climbed 2% to finish at 1,907.57 on the stock market today. Amazon stock found support at its 50-day moving average earlier this week. The e-commerce giant's relative strength line, which tracks a stock's performance vs. the S&P 500 index, is close to record...

Elon Musk suffered a brutal rebuke this week after major Tesla investor T. Rowe Price revealed that it had dumped 81% of its Tesla, Inc. (NASDAQ:TSLA) stock

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Elon Musk suffered a brutal rebuke this week after major Tesla investor T. Rowe Price revealed that it had dumped 81% of its Tesla, Inc. (NASDAQ:TSLA) stock T. ROWE PRICE UNLOADS TESLA SHARES – AND IT’S NOT ALONE T. Rowe Price held just 1.7 million shares of Tesla on March 31 this year, down substantially from the 8.9 million shares it owned at...