Ferrari (NYSE:RACE) is a Unique Company, the Market is Beginning to Understand It

Ferrari (NYSE:RACE) is a Unique Company, the Market is Beginning to Understand It

$RACE Ferrari (NYSE:RACE) released their Q-1 earnings early Tuesday morning, and they are Super with EPS/1.08 easily beat EPS/0.88 consensus estimate and, even more impressive, revenues grew by 13%, not minus as analysts predicted. Ferrari’s numbers are not just Super, they are informative on several subjects currently on the minds of investors. I have been […]

President Trump Wants Cheap Oil

President Trump Wants Cheap Oil

$USO, $OIL Saudi Arabia needs Crude Oil prices to be higher than what President Trump wants, as the Kingdom increases spending to bolster economic growth. International Monetary Fund (IMF) data released Monday show the world’s biggest Crude Oil exporter needs prices at about $85 bbl to balance its budget this year, up from a forecast […]

Box Office: ‘Unplanned’ the Controversial Anti-Abortion Pic Opens Strong with $6-M

Box Office: ‘Unplanned’ the Controversial Anti-Abortion Pic Opens Strong with $6-M

$TWTR FLASH: Twitter (NYSE:TWTR) Reverses Ban of Pro-Life Movie ‘Unplanned’ The R-rated pic scored the 2nd-best start ever for faith-based distributor Pure Flix; tracking had suggested it would only earn around $3-M. Garnering the coveted A+ CinemaScore, the controversial anti-abortion drama Unplanned opened to a strong $6.1-M from 1,059 theaters at the US box office despite […]

Box Office: Jordan Peele’s ‘Us’ Opens to Austonishing $70.3-M

Box Office: Jordan Peele’s ‘Us’ Opens to Austonishing $70.3-M

$DIS, $CMCSA, $VIA, $CBS Us, the follow-up to ‘Get Out’ scored the 3rd-biggest horror opening of all time, while ‘Captain Marvel’ flew past $300-M in North America and $900-M globally. Us debuted to $70.3-M at the domestic box office over the weekend to scare up the 3rd-biggest horror opening ever. Overseas, Us took in $16.7-M from […]

Ferrari (NYSE:RACE) the Automotive Sector Aristocrat 2.0

Ferrari (NYSE:RACE) the Automotive Sector Aristocrat 2.0

$RACE Ferrari (NYSE:RACE) the Automotive Sector Aristocrat (1.0) Ferrari (NYSE:RACE) unique from any other automotive company, and from other luxury goods companies. There is huge support the quality of Ferrari’s Brand equity (it is the world’s #1 automotive brand), below is the list as we see it here at HeffX-LTN, some other analysts agree, as […]

Box Office: ‘Captain Marvel’ Take $153-M in US, $455-M World Wide

Box Office: ‘Captain Marvel’ Take $153-M in US, $455-M World Wide

$DIS, $IMAX Superheros rule the big screen these days, and biggest worldwide opening of all time for a female-fronted film is Captain Marvel, and the 2nd-largest for a comic book adaptation. Captain Marvel in it box office debut hauled in $455-M in worldwide ticket sales, including $153-M in NA In North America, Marvel and Disney’s […]

Ferrari (NYSE:RACE), the History of the ‘Dino’

Ferrari (NYSE:RACE), the History of the ‘Dino’

$RACE FLASH: I do not expect to see another Ferrari wearing the Dino badge, but…? The ‘Dino’ badge was created by Fiat to market a affordable sporty car capable of taking on the Porsche 911. Ferrari’s (NYSE:RACE) V12s exceeded the 911 in performance and price. Enzo Ferrari did not want to diminish his exclusive brand […]

Russia’s Alrosa Finds its Largest Diamond in 2 Years+

Russia’s Alrosa Finds its Largest Diamond in 2 Years+

The world’s Top diamond producer by output, Alrosa, (MCX:ALRS) has unearthed a rough diamond weighing nearly 200 carats from its Udachnaya pipe, its largest find in more than 2 years. The 191.46-carat stone, which is white with a slight yellowish tinge, measures 40 mm by 31 mm by 20 mm. It was found earlier this month at the processing […]

Hollywood Producer Christine Forsyth Peters Joins Archer Entertainment (OTCMKT:AEMC)

Hollywood Producer Christine Forsyth Peters Joins Archer Entertainment (OTCMKT:AEMC)

$AEMC Archer Entertainment Media Communications’ (OTCMKT:AEMC) President Michael Selsman announced Tuesday that Christine Forsyth Peters, head of CFP Productions and Marmont Lane Entertainment has joined legendary international music music producer Steven Machat in the company’s C-Suite. Ms. Peters has 3 feature films in pre-production. Notably, in Y 1991, she formed a partnership with legendary producer […]

Box Office: ‘Glass’ Opens to $47-M Over Holiday Weekend

Box Office: ‘Glass’ Opens to $47-M Over Holiday Weekend

$CMCSA, $DIS, $TWX, $VIA, $SNE, $FOX Japanese anime pic ‘Dragon Ball Super: Broly’ surprises, while ‘The Upside’ keeps audiences laughing! M. Night Shyamalan’s Glass is easily winning the long Holiday weekend at the box office with an estimated $47.1-M coming in behind expectations after middling audience scores and poor reviews. Financially, the movie is already in good […]

German Economy Seeing Worst Year Since 2013

German Economy Seeing Worst Year Since 2013

Germany’s economic performance in Y 2018 was its weakest in 5 years, it was reported Tuesday. The German economy grew 1.5% last year, a sharp decliner from the 2.2% expansion in Y 2017, and the slowest annual rate since the European debt crisis in Y 2013. Experts say the slowdown was due to a number of […]

Box Office: ‘The Upside’ Beats ‘Aquaman’ With $19.6-M; ‘Replicas’ DOA

Box Office: ‘The Upside’ Beats ‘Aquaman’ With $19.6-M; ‘Replicas’ DOA

$TWX, $SNE, $DIS, $VIA, $CMCSA ‘The Upside’ is a win for Kevin Hart and STXfilms; ‘Replicas’ marks a career worst for Keanu Reeves. Kevin Hart is proving his power at the box office again with the better-than-expected launch of The Upside. The dramedy beat Aquaman at the weekend with $19.6-M in a surprise victory. The Upside is also […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Higher USD Lower Crude Oil Down Stocks Higher sans Japan In Asia Gold: Gold prices climbed Friday as USD retreated on expectations the Fed will pause interest rate hikes if the US economy slows this year, while investors awaited news on progress in the US-Chinatrade talks. Spot gold rose 0.6% to $1,293.55 oz as at 0604 GMT, heading […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Higher USD Lower Crude Oil Down Stocks Higher sans Japan In Asia Gold: Gold prices rose Thursday as expectations that the Fed will pause its rate tightening cycle this year. Spot gold was up 0.2% at $1,295.84 oz as of 0556 GMT, hanging near Friday’s at $1,298.42, a mark last seen in mid-June 2018. US gold futures gained […]

Box Office: ‘Aquaman’ at $31-M; ‘Escape Room’ Opens at $18-M

Box Office: ‘Aquaman’ at $31-M; ‘Escape Room’ Opens at $18-M

Globally, the swimming Superhero film hits $940.7-M; ‘Bumblebee’ buzzes to $83-M overseas to top the foreign weekend chart. $TWX, $SNE, $DIS, $VIA Superheroes dominate at the box office, where Aquaman stayed atop the chart in its 3rd weekend running with a domestic take of $30.7-M, for a domestic take of $259.7-M and global box office of […]

Ferrari (NYSE:RACE) Seen as Top Auto Stock in 2019

Ferrari (NYSE:RACE) Seen as Top Auto Stock in 2019

$RACE, $PAG, $GM Ferrari is an auto stock to watch in Y 2019 as the iconic Italian manufacturer plans to expand its production over the next 7 years Ferrari and Penske are on the top auto stocks to buy in the New Year, Consumer Edge Research’s Jamie Albertine said on TV Wednesday. The automotive research […]

Tesla (NASDAQ:TSLA): China is Key to Its Future

Tesla (NASDAQ:TSLA): China is Key to Its Future

Tesla (NASDAQ:TSLA): China is Key to Its Future $TSLA, $GM, $F, $VLKAY, $HMC, $TM China is Key to Tesla’s future, and so it is not surprising that the US-China trade dispute is hitting the company hard. China is Tesla’s largest market outside the US, accounting for about 10% of total revenue in the 1st 3-Q’s […]

Tesla’s (NASDAQ:TSLA) M-3 Production Spike Not Sustainable

Tesla’s (NASDAQ:TSLA) M-3 Production Spike Not Sustainable

Tesla’s (NASDAQ:TSLA) M-3 Production Spike Not Sustainable $TSLA Recall that on 30 November it was reported that Tesla (NASDAQ:TSLA) produced 1,000 M-3 sedans in 1 day, the reports were based on a leaked internal e-Mail from CEO Elon Musk to all employees. Shares shot up on the news, as has happened after prior spike in […]

7.0 Earthquake Strikes Southern Alaska, Pipeline Shutdown

7.0 Earthquake Strikes Southern Alaska, Pipeline Shutdown

7.0 Earthquake Strikes Southern Alaska, Pipeline Shut Down $USO, $OIL, $COP, $MCP A magnitude 7.0 eEarthquake struck Alaska early Friday, shutting the state’s most important Crude Oil pipeline and potentially threatening Crude Oil exports. The temblor struck 13 kilometers north of Anchorage. The Alaska pipeline that carries Crude Oil from the Arctic coast to the […]

Tesla (NASDAQ:TSLA) Looking Back Over the Year.5

Tesla (NASDAQ:TSLA) Looking Back Over the Year.5

Tesla (NASDAQ:TSLA) Looking Back Over the Past Year.5 $TSLA In the wake of his recent Axios interview of Tesla (NASDAQ:TSLA) CEO Elon Musk broadcast a lot of stuff to his listeners and devotees. Much is hyperbole, some is fact. Below are of some things that happened at the fledgling US EV maker over the past year.5, as […]

Box Office: ‘Ralph Breaks the Internet’ Takes $84.5-M; ‘Creed II’ Wins $56-M

Box Office: ‘Ralph Breaks the Internet’ Takes $84.5-M; ‘Creed II’ Wins $56-M

Box Office: ‘Ralph Breaks the Internet’ Takes $84.5-M; ‘Creed II’ Wins $56-M $DIS, $TWX, $LGF, $VIA, $CMCSA, $SNE, $NFLX The Feast at the 2018 box office continued over the Thanksgiving Holiday as a pair of sequels: Ralph Breaks the Internet and Creed II drove record Holiday revenue at the North American box office. Ralph Breaks the Internet topped the Wednesday-Sunday […]

Dine on Organic Turkey This Thanksgiving

Dine on Organic Turkey This Thanksgiving

Dine on Organic Turkey This Thanksgiving Still deciding whether to buy an Organic turkey or a conventionally raised bird for Thanksgiving this year? This is a Key reason to consider going Organic: Turkeys that carry the USDA organic seal are not given antibiotics. About 80% of the antibiotics sold in the US are used in industrially produced livestock. […]

Box Office: ‘Fantastic Beasts 2’ at #1 with $62-M for $253-M Global Debut 

Box Office: ‘Fantastic Beasts 2’ at #1 with $62-M for $253-M Global Debut 

Box Office: ‘Fantastic Beasts 2’ at #1 with $62-M for $253-M Global Debut $TWX, $SNE, $VIA, $CMCSA Mark Wahlberg’s comedy ‘Instant Family’ opened in 4th place with $14.7-M, followed by Steve McQueen’s ‘Widows’ with $12.3-M In North America, the Harry Potter spinoff  from Warner Brothers’ debuted to $ 62.2-M from 4,163 theaters, saw poor reviews and […]

US Industrial Production Moving Higher

US Industrial Production Moving Higher

US Industrial Production Moving Higher $USO, $UGA, $USD US industry expanded in October, with manufacturing growth offsetting declines in mining and utility production. Industrial production ticked up 0.1%, the 5th straight monthly gainer, following a 0.2% advance in September and a 0.8% advance in August, the Fed reported Friday. The Fed said that recent hurricanes lowered […]

Now is it is Tesla (NASDAQ:TSLA) Vs the Automotive World

Now is it is Tesla (NASDAQ:TSLA) Vs the Automotive World

Now is it is Tesla (NASDAQ:TSLA) Vs the Automotive World $TSLA, $VLKAY, $GM, $F The world’s giant automakers are planning big pushes into EV production, and none bigger than Volkswagen (OTCMKT:VLKAY) is coming up to challenge fledgling Tesla in its tiny 1 plant niche market. Ok, Tesla has sold about 500,000 cars worldwide, which accounts […]

Tesla (NASDAQ:TSLA) Admits SEC Subpoenas, ‘Nothing’ Musk Calls FBI’s Criminal Probe “Absurd”

Tesla (NASDAQ:TSLA) Admits SEC Subpoenas, ‘Nothing’ Musk Calls FBI’s Criminal Probe “Absurd”

Tesla (NASDAQ:TSLA) Admits SEC Subpoenas, ‘Nothing’ Musk Calls FBI’s Criminal  Probe “Absurd” $TSLA US securities regulators have issued subpoenas regarding Tesla’s (NASDAQ:TSLA) public assurances over the production of its newest car the M3, the company said in a filing late Friday, the latest signal of a very aggressive investigation into Elon ‘Nothing’ Musk’s EV maker. The […]

Tesla’s (NASDAQ:TSLA) Future Is Not Secure Yet

Tesla’s (NASDAQ:TSLA) Future Is Not Secure Yet

Tesla’s (NASDAQ:TSLA) Future Is Not Secure Yet $TSLA Following Tesla (NASDAQ:TSLA) and Elon Musk has been Wild, that will not change in the foreseeable future. Last week stronger-than-expected Q-3 results relieved some of the pressure on the company and its deposed Chairman, Elon Musk, after a turbulent several months. In early August Mr. Musk smothered […]

Ferrari (NYSE:RACE) ‘Quietly’ Prepares for Hybrid Introductions in 2020

Ferrari (NYSE:RACE) ‘Quietly’ Prepares for Hybrid Introductions in 2020

Ferrari (NYSE:RACE) ‘Quietly’ Prepares for Hybrid Introductions in 2020 $RACE Most of the cars built by Ferrari will be hybrid petrol-electric by Y 2022, the Italian luxury car manufacturer says including its newly announced FUV named the Purosangue, Italian for Thoroughbred.  “By 2022, nearly 60% of the models we produce will be built around hybrid power-trains,” […]

Tesla (NYSE:TSLA) Facing a Deep Criminal Investigation About Misleading Investors 

Tesla (NYSE:TSLA) Facing a Deep Criminal Investigation About Misleading Investors 

Tesla (NYSE:TSLA) Facing a Deep Criminal Investigation About Misleading Investors $TSLA Early this month, Tesla (NASDAQ:TSLA) settled with the SEC over charges that it misled investors after CEO Elon Musk, 47 anni, Tweeted that he had secured funding to take Tesla private. You remember the infamous 6 August ‘420’ prank Tweet, Yes? The SEC, which alleged […]

Tesla’s (NASDAQ:TSLA) CEO says, Cheaper M-3 To Ship in December, Company says, No

Tesla’s (NASDAQ:TSLA) CEO says, Cheaper M-3 To Ship in December, Company says, No

Tesla’s (NASDAQ:TSLA) CEO says, Cheaper M-3 To Ship in December, Company says, No $TSLA Tesla (NASDAQ:TSLA) CEO Elon Musk suggested the $35,000 base priced M-3 sedan would arrive by the end of this year, but customers won’t be able to take delivery of it before February 2019, according to Tesla’s website. On the M-3 order page, the EV maker […]

Saudi Crown Prince to US President Trump, “We have replaced all Iran’s lost Oil”

Saudi Crown Prince to US President Trump, “We have replaced all Iran’s lost Oil”

Saudi Crown Prince to US President Trump, “We have replaced all Iran’s lost Oil” $OIL, $USO, $UGA Saudi Arabia’s Crown Prince said that the Kingdom is fulfilling promises to make up for Iranian Crude Oil supplies lost to American sanctions. “The request that America made to Saudi Arabia and other OPEC countries is to be […]

Tesla (NASDAQ:TSLA) Cannot Deliver Cars Means Tesla Cannot Deliver Profits

Tesla (NASDAQ:TSLA) Cannot Deliver Cars Means Tesla Cannot Deliver Profits

Tesla (NASDAQ:TSLA) Cannot Deliver Cars Means Tesla Cannot Deliver Profits $TSLA Tesla (NASDAQ:TSLA) may have emerged from ‘production Hell”as the company met Wall Street expectations producing 80,142 vehicles in Q-3, about 50% more than its prior high set in it’s last Quarter, that according to the company. The latest numbers included 53,239 M-3s, just under the 5,000 or so cars […]

Tesla’s (NASDAQ:TSLA) Elon Musk Future Uncertain, Criminal Charges Maybe Ahead

Tesla’s (NASDAQ:TSLA) Elon Musk Future Uncertain, Criminal Charges Maybe Ahead

Tesla’s (NASDAQ:TSLA) Elon Musk Future Uncertain, Criminal Charges Maybe Ahead $TSLA Sell all rallies in Tesla is still our call CEO Elon Musk’s future with Tesla (NASDAQ:TSLA) is a bit clearer after the company settled a securities fraud lawsuit with the SEC, but there are other clouds hanging over the niche EV maker. Under an […]

Tesla (NASDAQ:TSLA) Has a Musk Imposed ‘Code of Secrecy’ Within Its Ranks

Tesla (NASDAQ:TSLA) Has a Musk Imposed ‘Code of Secrecy’ Within Its Ranks

Tesla (NASDAQ:TSLA) Has a Musk Imposed ‘Code of Secrecy’ Within Its Ranks $TSLA People could not be hired at Tesla Inc. (NASDAQTSLA) without signing an agreement restricting them from spreading proprietary information, according to the company’s senior director of human resources for production and supply chain. Josh Hedges, the Tesla manager, testified in a National Labor Relations […]

Volkswagen’s (OTCMKT:VLKAY) MEB EV Platform Unveiled

Volkswagen’s (OTCMKT:VLKAY) MEB EV Platform Unveiled

Volkswagen’s (OTCMKT:VLKAY) MEB EV Platform Unveiled $VLKAY Volkswagen (OTCMKT:VLKAY) has unveiled its Electric for All initiative, which will set out to introduce EVs over the better part of the next 10 yrs at what the automaker says will be affordable prices. VW is aiming to sell around 150,000 electric cars by Y 2020 and increase annual sales […]

People Will Soon Be Asking, Who ‘Killed Tesla’?

People Will Soon Be Asking, Who ‘Killed Tesla’?

People Will Soon Be Asking, Who ‘Killed Tesla’? $TSLA Former General Motors (NYSE:GM) Vice Chairman Bob Lutz says he thinks Tesla“is headed for the graveyard.” He pointed to a handful of Tesla’s problems in a TV interview Tuesday. The totality of the fledgling EV maker’s financial, administrative, manufacturing, and legal problems, Mr. Lutz suggested, mean that Tesla’s (NASDAQ:TSLA) […]

Wrecked Your Tesla? (NASDAQ:TSLA) CEO Musk Wants to Fix it ‘In House’

Wrecked Your Tesla? (NASDAQ:TSLA) CEO Musk Wants to Fix it ‘In House’

Wrecked Your Tesla? (NASDAQ:TSLA) CEO Musk Wants to Fix it ‘In House’ $TSLA Tesla (NASDAQ:TSLA) CEO Elon Musk said Sunday that the company intended to handle most of its customers’ collision repairs at company-run body shops. “Tesla is bringing most collision repairs in-house, as outside firms take weeks to months for repairs, driving Tesla owners […]

Tesla’s (NASDAQ:TSLA) M3, From Production Hell to Delivery Hell

Tesla’s (NASDAQ:TSLA) M3, From Production Hell to Delivery Hell

Tesla’s (NASDAQ:TSLA) M3, From Production Hell to Delivery Hell $TSLA Tesla (NASDAQ:TSLA) Sorry folks, we have gone from Production Hell to Delivery Hell Tweeted Tesla’s CEO Elon Musk. Production Hell Delivery logistics hell is a problem that is tractable, and Mr. Musk says Tesla making progress. And that it hould be solved shortly.” Mr. Musk […]

Wall Street’s Red Lights Flashing on Tesla’s (NASDAQ:TSLA) Ability to Pay Debt

Wall Street’s Red Lights Flashing on Tesla’s (NASDAQ:TSLA) Ability to Pay Debt

Wall Street’s Red Lights Flashing on Tesla’s (NASDAQ:TSLA) Ability to Pay Debt $TSLA Tesla’s (NASDAQ:TSLA) stock price and CEO, Elon Musk are getting the headlines, but the real story looks to be the steep decline in the value of the EV maker’s bonds. $1.8-B of Tesla bonds due in August 2025 marked a record low Friday. The bonds […]

Profile: Elon Musk, Crazed Bull Running ‘Production Hell’

Profile: Elon Musk, Crazed Bull Running ‘Production Hell’

Profile: Elon Musk, Crazed Bull Running ‘Production Hell’ $TSLA A new profile on Tesla (NASDAQ:TSLA) CEO Elon Musk gives an unusual example of how the stress of ramping up M3 production has affected him. According to the WS-J, Mr. Musk started head-butting a car at Tesla’s Fremont, California, factory this spring after he learned the […]

US Farm Aid Package Includes Direct Payments to Farmers

US Farm Aid Package Includes Direct Payments to Farmers

US Farm Aid Package Includes Direct Payments to Farmers $SOY, $CORN, $WEAT Monday, the US Department of Agriculture (USDA) said its $12-B farm aid package would include $4.7-B in direct payments to farmers to help offset losses from retaliatory tariffs on American exports this season. The bulk of the payments, $3.6-B, would be made to Soybean […]

Tesla’s (NASDAQ:TSLA) CEO, Elon Musk’s Credibility is ‘Shot’

Tesla’s (NASDAQ:TSLA) CEO, Elon Musk’s Credibility is ‘Shot’

Tesla’s (NASDAQ:TSLA) CEO, Elon Musk’s Credibility is ‘Shot’ $TSLA At 1st came the ‘420’ Tweet that funding was secured and Tesla (NASDAQ:TSLA) may go private, then a statement that the money was not locked down after all. Then about 3 weeks later blogs that he cannot do it, so the deal is off. Welcome to […]

Box Office: ‘Crazy Rich Asians’ Take $25-M; ‘Happytime Murders’ DOA

Box Office: ‘Crazy Rich Asians’ Take $25-M; ‘Happytime Murders’ DOA

Box Office: ‘Crazy Rich Asians’ Take $25-M; ‘Happytime Murders’ DOA $DIS, $TWX, $IMAX ‘The Happytime Murders’ a career low for Melissa McCarthy in a lead role Jon M. Chu’s Crazy Rich Asians took home $25-M in its 2nd frame almost as much as it earned in its 1st weekend and representing one of the best percentage holds […]

Tesla’s (NASDAQ:TSLA) Chairman said His EV Company “will remain public”

Tesla’s (NASDAQ:TSLA) Chairman said His EV Company “will remain public”

Tesla’s (NASDAQ:TSLA) Chairman said His EV Company “will remain public” $TSLA Late Friday When Wall Street Was Asleep, Musk Declared Tesla Will Remain Public Almost 3 weeks ago on 7 August, (NASDAQ:TSLA) Tesla’s CEO, Elon Musk, Tweeted from his care while driving to the airport, that he was planning to take the company private in […]

Saudi’s PIF in Talks to Invest in Tesla Rival, Lucid

Saudi’s PIF in Talks to Invest in Tesla Rival, Lucid

Saudi’s PIF in Talks to Invest in Tesla Rival, Lucid $TSLA, $SFTBY, $ORCL Tesla’s (NASDAQ:TSLA) CEO Elon Musk, 47 anni, once said PIF could help him fund the ‘420’ $72-B deal to take his fledgling EV maker private. PIF, the Saudi Arabian sovereign wealth fund is in late stage talks to invest in Tesla rival […]

Box Office:’Crazy Rich Asians’ Earns $25.2-M for $34-M 5-Day Launch

Box Office:’Crazy Rich Asians’ Earns $25.2-M for $34-M 5-Day Launch

Box Office:’Crazy Rich Asians’ Earns $25.2-M for $34-M 5-Day Launch $SNE, $TWX, $VIA Mark Wahlberg’s ‘Mile 22’ saw muted action, Kevin Spacey’s ‘Billionaire Boys Club’ Dead on Arrival But, Jon M. Chu’s romantic comedy Crazy Rich Asians led the weekend box office 3-day North American debut of $25.2-M and a 5-day open of $34-M. The Warner Bros. […]

Saudi Arabia Reduced Its Crude Oil Production in July

Saudi Arabia Reduced Its Crude Oil Production in July

Saudi Arabia Reduced Its Crude Oil Production in July $OIL, $USO NYMEX WTI Crude Oil -0.5% closed at 67.28 bbl (USO) 13 August 2018 OPEC released its monthly Oil Market Report Monday. Saudi Arabia did reduce Crude Oil production in July following preliminary reports last week, despite its agreement to raise output, following recent OPEC/NOPEC […]

Box Office: ‘The Meg’ Has Surprisingly Huge Bite With $44.5M U.S. Debut

Box Office: ‘The Meg’ Has Surprisingly Huge Bite With $44.5M U.S. Debut

Box Office: ‘The Meg’ Shark Movie Takes $44.5-M in US Debut $IMAX, $DIS, $VIA Warner Bros. shark film The Meg is its’ biggest North American box office opening YTD debuting to $96.8-M overseas for a global take of $141.3-M. Movie goers like Shark pics. The Meg beat all expectations in its domestic debut at the weekend […]

Key Events in the Life of Tesla (NASDAQ:TSLA)

Key Events in the Life of Tesla (NASDAQ:TSLA)

Key Events in the Life of Tesla (NASDAQ:TSLA) $TSLA Here are some of the key events in Tesla Inc’s (NASDAQ:TSLA) turbulent history as a public company. June 29, 2010 – Chief Executive Elon Musk and team ring the Nasdaq opening bell as Tesla becomes the 1st car company to go public in the United States […]

Tesla. Inc.’s (NASDAQ:TSLA) Has Major Trouble Inside Its New York Solar Plant

Tesla. Inc.’s (NASDAQ:TSLA) Has Major Trouble Inside Its New York Solar Plant

Tesla. Inc.’s (NASDAQ:TSLA) Has Major Trouble Inside Its New York Solar Plant $TSLA Tesla Inc’s (NASDAQ:TSLA) production of solar roof tiles is being delayed by assembly-line problems at its new publicly subsidized factory and difficulties producing a product that satisfies the aesthetic demands of CEO Elon Musk, 8 former and current employees of both companies […]

Box Office: ‘Mission: Impossible 6’ Wins the Weekend with $35-M

Box Office: ‘Mission: Impossible 6’ Wins the Weekend with $35-M

Box Office: ‘Mission: Impossible 6’ Wins the Weekend with $35-M $VIA, $DIS, $LGF, $FOX, $SNE, $CMCSA Christopher Robin’ opened to $25-M. ‘The Spy Who Dumped Me’  with $12.3, and Dinesh D’Souza’s doc ‘Death of a Nation’ took $2.3-M Paramount’s Mission: Impossible — Fallout fell just 43% in its 2nd outing to $35-M from 4,395 North American theaters […]

Musk Burns $739.5-M of Tesla’s (NSADAQ:TSLA) Cash to Record Q-2 Loss

Musk Burns $739.5-M of Tesla’s (NSADAQ:TSLA) Cash to Record Q-2 Loss

Musk Burns $739.5-M of Tesla’s (NSADAQ:TSLA) Cash to Record Q-2 Loss $TSLA Fledgling EV maker, Tesla, Inc, (NASDAQ:TSLA) burned $739.5-M in cash last Quarter, a company record $717.5-M net loss as it rolled out a few more electric cars. But CEO Elon Musk reiterated a promise to post net profits in Q’s 3 and 4 on […]

Pagani’s Zonda HP Barchetta is the World’s Most Expensive Production Car

Pagani’s Zonda HP Barchetta is the World’s Most Expensive Production Car

Pagani’s Zonda HP Barchetta is the World’s Most Expensive Production Car The extremely limited-edition Pagani Zonda HP Barchetta is priced at $17.5-M Just 3 examples of this Pagani Zonda HP Barchetta will be built. One is reserved for the company’s founder Horacio Pagani which he is already driving. The other 2 have been pre-sold. The […]

Elon Musk Tesla’s (NASDAQ:TSLA) ‘Rock Star’ Manager “Loosing Groopies”

Elon Musk Tesla’s (NASDAQ:TSLA) ‘Rock Star’ Manager “Loosing Groopies”

Elon Musk Tesla’s (NASDAQ:TSLA) ‘Rock Star’ Manager “Loosing Groopies” $TSLA The ‘Rentier’ EV firm has hit trouble, and Elon Musk must explain to investors what is going on there We all recall the last time Mr. Musk addressed the analysts who follow Tesla, his electric car company, he was very angry and rude. “Boring, boneheaded questions […]

US Industrial Production Driving Economy

US Industrial Production Driving Economy

US Industrial Production Driving Economy US industrial production increased in June, boosted by a sharp rebound in manufacturing and further gains in mining output, the latest sign of robust economic growth in Q-2. But, a strong USD and shortage of workers pose a risk to production, with factory surveys suggesting some strain in the supply […]

The US Will Soon Be the World’s #1 Crude Oil Producer

The US Will Soon Be the World’s #1 Crude Oil Producer

The US Will Soon Be the World’s #1 Crude Oil Producer $USO The EIA sees Crude Oil production climbing next year even with transportation bottlenecks in the country’s most prolific tight (shale) oil play. The Energy Information Administration (EIA) sees US Crude Oil output averaging 11.8-M BPD in Y 2019, up from its 11.76-M BPD […]

Tesla’s (NASDAQ:TSLA) M3 Production Numbers in Question

Tesla’s (NASDAQ:TSLA) M3 Production Numbers in Question

Tesla’s (NASDAQ:TSLA) M3 Production Numbers in Question $TSLA Former Tesla (NASDAQ:TSLA) employee Martin Tripp has filed a whistleblower complaint with the SEC in which he alleges the company lied about Model 3 production numbers and put unsafe batteries in its EVs. According to the report the complaint repeats claims Mr. Tripp had previously made to BI, […]

Lucapa’s Lulo Project Produced a Record Number of Unusual Diamonds

Lucapa’s Lulo Project Produced a Record Number of Unusual Diamonds

Lucapa’s Lulo Project Produced a Record Number of Unusual Diamonds $LCPDF Australia’s Lucapa Diamond (ASX:LOM,ORCMKT:LDCPF) said Thursday production at its 40%-owned prolific Lulo project, in Angola, rose 20% during the June quarter. Production at the mine, which has yielded massive diamonds this year, reached 5,058 carats during the three months to June, up from the 4,203 carats in […]

Tesla’s (NASDAQ:TSLA) Elon Musk Vs the Market and the Media

Tesla’s (NASDAQ:TSLA) Elon Musk Vs the Market and the Media

Tesla’s (NASDAQ:TSLA) Elon Musk Vs the Market and the Media $TSLA Tesla Inc(NASDAQ:TSLA) dove 13% Monday’s highs after the nascent EV maker  released Q-2 production figures and weathered unflattering press tied to the departure of its chief engineer and the hurry up pains taken to achieve a hyped Quarterly rollover rate. CEO Elon Musk responded […]

President Trump, Calls on Saudi Arabia to Increase Crude Oil Production

President Trump, Calls on Saudi Arabia to Increase Crude Oil Production

President Trump, Calls on Saudi Arabia to Increase Crude Oil Production $USO, $OIL “The price is too high, the King agreed.” President Donald Trump said this weekend  that he had received assurances from King Salman of Saudi Arabia that the Kingdom will increase oil production, “maybe up to 2,000,000 barrels” in response to turmoil in […]

President Trump to Harley Davidson (NYSE:HOG), “Don’t play cute”

President Trump to Harley Davidson (NYSE:HOG), “Don’t play cute”

President Trump to Harley Davidson (NYSE:HOG), “Don’t play cute” $HOG President Donald Trump said Harley-Davidson Motorcycles Inc. (NYSE:HOG) risks losing customers if it shifts production overseas. “I think they’re going to take a big hit,” President Trump said in an interview with Maria Bartiromo taped on Friday and broadcast on Sunday. “Those are my voters,” […]

Tesla (NASDAQ:TSLA) Not Producing M3’s in Numbers Musk Says

Tesla (NASDAQ:TSLA) Not Producing M3’s in Numbers Musk Says

Tesla (NASDAQ:TSLA) Not Producing M3’s in Numbers Musk Says $TSLA Elon Musk is trying to build cars in tents! Tesla Inc. (NASDAQ:TSLA) is not producing enough Model 3s per shift to reach the 5,000/week target that CEO Elon Musk said it would reach by Saturday, 3 line workers at the company’s Fremont, California, assembly plant […]

  METALLA ROYALTY & STREAMING LTD.

METALLA ROYALTY & STREAMING LTD. (TSXV:MTA; OTCQX:MTAFF; Frankfurt:X9CP) $MTAFF, $SLV, $GLD Market Cap C$ 58-M, C$ 0.76/share METALLA’s PRODUCTION RESULTS AND GUIDANCE FOR FY 2018 & 2019 $MTAFF, $SLV, $GLD Metalla Royalty & Streaming Ltd. announced preliminary production results for the 12 months ended 31 May 2018 of 519,791 oz of attributable Silver, where 429,315 oz. were sold and provisionally invoiced and […]

Large Top Quality White Diamond Unearthed by Canada’s Mountain Province Diamonds

Large Top Quality White Diamond Unearthed by Canada’s Mountain Province Diamonds

Large Top Quality White Diamond Unearthed by Canada’s Mountain Province Diamonds $MPVD Mountain Province Diamonds (NASDAQ:MPVD) said last week it had found a 95-carat gem Diamond at its Gahcho Kué mine located in Canada’s Northwest Territories. It’s the largest gem quality diamond and the 4th biggest recovered from Gahcho Kué since production began just under 2 years ago. The […]

Crude Oil Prices Falling Even Though Supply is ‘Tight’

Crude Oil Prices Falling Even Though Supply is ‘Tight’

Crude Oil Prices Falling Even Though Supply is ‘Tight’ $USO, $OIL, $JPM Friday, Crude Oil prices fell as concerns about surging US output and falling demand in China weighed on the contract and JP Morgan (NYSE:JPM) cut its price forecast. ICE Brent Crude futures fell 66c to 76.66 bbl by 1:32 p.m. EDT [1732 GMT]. […]

Tesla’s (NASDAQ:TSLA) Under Fire, Struggling CEO Fighting for His Life

Tesla’s (NASDAQ:TSLA) Under Fire, Struggling CEO Fighting for His Life

Tesla’s (NASDAQ:TSLA) Under Fire, Struggling CEO Fighting for His Life $TSLA Tesla’s (NASDAQ:TSLA) Elon Musk opened the company’s annual shareholder meeting Tuesday emotionally on the verge of tears as he said he builds its EVs with care and affection that other automakers cannot match, adding that the company’s decent into ‘production Hell’ has been hard on him […]

Ferrari (NYSE:RACE) Watch Ferrari Build a 488 GTB

Ferrari (NYSE:RACE) Watch Ferrari Build a 488 GTB

Ferrari (NYSE:RACE) Watch Ferrari Build a 488 GTB $RACE Many people may think of Ferrari’s Maranello factory  as team of  masters artisans building each car car by hand. And, yes that was once the case, I was at the factory several times in the late 1960’s and watched that happen. Those days are gone. The Maranello […]

US Crude Oil Output Hits Record 10.47-M BPD in March

US Crude Oil Output Hits Record 10.47-M BPD in March

US Crude Oil Output Hits Record 10.47-M BPD in March $USO, $OIL US Crude Oil production rose 215,000 BPD to 10.47-M BPD in March, the highest on record, the Energy Information Administration (EIA) said in a monthly report Thursday. Production in Texas rose by 4% to almost 4.2-M BPD, a record high based on the data […]

Tesla (NASDAQ:TSLA) Sued for “Pump & Dump” Securities Fraud

Tesla (NASDAQ:TSLA) Sued for “Pump & Dump” Securities Fraud

Tesla (NASDAQ:TSLA) Sued for “Pump & Dump” Securities Fraud $TSLA Tesla (NASDAQ:TSLA) has petitioned a federal court in San Francisco to dismiss a securities fraud lawsuit filed by shareholders, which accuses the automaker of lying about its ability to mass produce the Model 3 sedan. The lawsuit, filed in October, alleges that Tesla released false […]

President Trump’s Tweet Set Stage for Expanding OPEC and non-OPEC Crude Oil Production

President Trump’s Tweet Set Stage for Expanding OPEC and non-OPEC Crude Oil Production

President Trump’s Tweet Set Stage for Expanding OPEC and non-OPEC Crude Oil Production $OIL, $USO Saudi Arabia’s signal to ease limits on Crude Oil production led to prices falling Friday after a 3-week rally, and OPEC cited an angry Tweet by President Donald Trump as the trigger. Saudi Arabia’s Minister of Energy Khalid al-Falih Tweeted: “I reiterated […]

Production ‘Hell’ Continues at Tesla (NASDAQ:TSLA) Factory to Shut for Fixes

Production ‘Hell’ Continues at Tesla (NASDAQ:TSLA) Factory to Shut for Fixes

Production ‘Hell’ Continues at Tesla (NASDAQ:TSLA) Factory to Shut for Fixes $TSLA Tesla Inc. (NASDAQ:TSLA) will halt production at its California factory for 6 days at the end of the May to work on fixes to its assembly line for its new M-3 sedan. The fledgling California EV maker previously warned of 10 days of […]

Tesla’s (NASDAQ:TSLA) Senior Management Team Ankling

Tesla’s (NASDAQ:TSLA) Senior Management Team Ankling

Tesla’s (NASDAQ:TSLA) Senior Management Team Ankling $TSLA, $GOOG Tesla (NASDAQ:TSLA) CEO Elon Musk declared he is “flattening the management structure to improve communication, combining functions where sensible and trimming activities that are not vital to the success of our mission” as part of a sweeping reorganization of his flagging EV manufacturing company. The revelation came […]

Box Office: “Avengers: Infinity War” Dominates Worldwide

Box Office: “Avengers: Infinity War” Dominates Worldwide

Box Office: “Avengers: Infinity War” Dominates Worldwide $DIS, $LGF, $VIA, $TWX Disney (NYSE:DIS) and Marvel’s Avengers: Infinity War continued to dominate the early Summer box office at the weekend, earning $112.5-M domestically from 4,474 theaters to score the 2nd-biggest 2nd frame outing ever as it topped the $1-B mark globally faster than any film in history. Overseas, […]

Box Office: “Avengers: Infinity War” Continues to Dominate

Box Office: “Avengers: Infinity War” Continues to Dominate

Box Office: “Avengers: Infinity War” Continues to Dominate $DIS, $LGF, $VIA, $TWX Disney (NYSE:DIS) and Marvel’s Avengers: Infinity War continued to dominate the early Summer box office at the weekend, earning $112.5-M domestically from 4,474 theaters to score the 2nd-biggest 2nd frame outing ever as it topped the $1-B mark globally faster than any film in history. Overseas, […]

Tesla (NASDAQ:TSLA) Market Sours on ‘Darling’ EV Maker

Tesla (NASDAQ:TSLA) Market Sours on ‘Darling’ EV Maker

Tesla (NASDAQ:TSLA) Market Sours on ‘Darling’ EV Maker $TSLA Tesla Inc’s (NASDAQ:TSLA)  Elon Musk’s refusal to answer “boring” Wall Street analysts questions about the EV maker’s financial condition sent shares down as much as 7% Thursday and triggered concerns about its ability to raise money in the future. Tesla’s bonds followed the shares lower and, […]

Box Office: “Avengers: Infinity Wars” Debuts at $250-M, a Record High Domestic Open !

Box Office: “Avengers: Infinity Wars” Debuts at $250-M, a Record High Domestic Open !

Box Office: “Avengers: Infinity Wars” Debuts at $250-M, a Record High Domestic Open! $DIS, $IMAX, $VIA “Avengers: Infinity Wars” opened with a $250-M box office at the weekend and edging past “Star Wars: The Force Awakens” to set the highest opening weekend of all-time. “Infinity War,” brings together about 24 superheroes in the 10-year culmination […]

Tesla’s (NASDAQ:TSLA) CEO, Elon Musk to Employees…

Tesla’s (NASDAQ:TSLA) CEO, Elon Musk to Employees…

Tesla’s (NASDAQ:TSLA) CEO, Elon Musk to Employees… $TSLA For openers “First, congratulations are in order! We have now completed our 3rd full week of producing over 2000 Model 3 vehicles…. This is more than double Tesla’s weekly production rate last year and an amazing feat in the face of many challenges! It is extremely rare […]

Box Office: ‘A Quiet Place’ #1 in its 3rd Frame

Box Office: ‘A Quiet Place’ #1 in its 3rd Frame

Box Office: ‘A Quiet Place’ #1 in its 3rd Frame $TWX, $VIA, $FOX, $LGF, $CMCSA ‘A Quiet Place’ reclaimed the No. 1 spot in its 3rd weekend, as ‘Rampage’ became the weekend’s Top worldwide grosser. STX Entertainment’s I Feel Pretty, Amy Schumer’s latest DOA at $16.2-M from 3,440 locations at the domestic box office at the […]

Tesla’s (NASDAQ:TSLA) Elon Musk Deep in Production ‘Hell’

Tesla’s (NASDAQ:TSLA) Elon Musk Deep in Production ‘Hell’

Tesla’s (NASDAQ:TSLA) Elon Musk Deep in Production ‘Hell’ $TSLA In the automotive sector time is money, Mr. Musk seems to think he has lots of both, he does not! Tesla (NASDAQ:TSLA) has suspended its Model 3 assembly line in what the company  was a planned production halt, the EV continues facing major production problems ramping […]

Box Office: Dwayne Johnson’s ‘Rampage’ Roars With $34.5-M Open

Box Office: Dwayne Johnson’s ‘Rampage’ Roars With $34.5-M Open

Box Office: Dwayne Johnson’s ‘Rampage’ Roars With $34.5-M Open $TWX, $IMAX, $VIA, $CMCSA, $FOX, $SNE Friday afternoon, pundits were saying that New Line’s Rampage appeared DOA at the US box office, with 1st projections suggesting the $120-M tentpole movie might not earn much more than $28-M in its launch. But hang on, thanks to the star power […]

Production ‘Hell’ Continues at Tesla (NASDAQ:TSLA)

Production ‘Hell’ Continues at Tesla (NASDAQ:TSLA)

Production ‘Hell’ Continues at Tesla (NASDAQ:TSLA) $TSLA, $F Tesla Inc.’s (NASDAQ:TSLA) Model 3 production ‘Hell’ delays are now being dubbed a “time shift,” by its CEO, Elon Musk. “You’ll definitely get your car,” Mr. Musk, 46 anni, said in a TV interview Thursday. “It’s a 6-9 month time shift. That’s literally it, and three of […]

Tesla (NASDAQ:TSLA) Under Heavy Pressure to Produce, Cannot

Tesla (NASDAQ:TSLA) Under Heavy Pressure to Produce, Cannot

Tesla (NASDAQ:TSLA) Under Heavy Pressure to Produce, Cannot $TSLA Shares of Tesla Inc. fell again Monday ahead of the electric car maker’s announcement of Quarterly production numbers for its crucial Model 3 sedan. Shares in Elon Musk’s $50-B venture have been reeling from 3X probes into a fatal crash in California, concerns about Model 3 production […]

Box Office: ‘Pacific Rim Uprising’ Beats ‘Black Panther’

Box Office: ‘Pacific Rim Uprising’ Beats ‘Black Panther’

Box Office: ‘Pacific Rim Uprising’ Beats ‘Black Panther’ $CMCSA, $DIS, $LGF, $VIA, $TWX, $SNE Wes Anderson’s ‘Isle of Dogs’ barks at the specialty box office. Legendary and Universal’s Pacific Rim Uprising dethrone Black Panther at the domestic box office upon opening to a mild $28-M from 2,850 theaters over the weekend. Overall revenue for the weekend was down 37% […]

Box Office: ‘Tomb Raider’ Falls to the ‘Black Panther’

Box Office: ‘Tomb Raider’ Falls to the ‘Black Panther’

Box Office: ‘Tomb Raider’ Falls to the ‘Black Panther’ $DIS, $LGF, $TWX, $FOX, $SNE The faith-based ‘I Can Only Imagine’ beats ‘A Wrinkle in Time’ and ‘Love, Simon.’ Black Panther continued to make history in its 5th outing at the domestic box office with a $27-M take becoming only the 7th film ever to cross the […]

Box Office: ‘Black Panther’ Holds Top Spot With $41-M

Box Office: ‘Black Panther’ Holds Top Spot With $41-M

Box Office: ‘Black Panther’ Holds Top Spot With $41-M $DIS, $AMZN, $TWX Guillermo del Toro’s ‘Shape of Water’ enjoys a post-Oscars revival. Ava DuVernay’s A Wrinkle in Time could not top Black Panther, as it opened to a soft $33.3-M from 3,980 theaters in North America over the weekend. Both Black Panther and A Wrinkle in Time have been lauded for their diversity. […]

Box Office: ‘Fifty Shades Freed’ Came with $137-M Global Open

Box Office: ‘Fifty Shades Freed’ Came with $137-M Global Open

Box Office: ‘Fifty Shades Freed’ Came with $137-M Global Open $CMCSA, $TWX, $SNE ‘Peter Rabbit’ opens to $25-M in US, Clint Eastwood’s ‘The 15:17 to Paris’ debuts to $12.6-M critics blocked the tracks. Universal’s Fifty Shades Freed grossed $136.9-M driving franchise past the $1-B mark in global box-office ticket sales go become 1 of the most profitable […]

Tesla (NASDAQ:TSLA) Burning Money, Posts Biggest Quarterly Loss Ever

Tesla (NASDAQ:TSLA) Burning Money, Posts Biggest Quarterly Loss Ever

Tesla (NASDAQ:TSLA) Burning Money, Posts Biggest Quarterly Loss Ever $TSLA, $GM, $F Wednesday, Tesla Inc. (NASDAQ:TSLA) said it has revised production targets for its Model 3 electric sedan, posting its worst-ever Quarterly loss, and warned that its spending would increase this year. Money-losing Tesla’s long-term ability to survive depends on annually selling billions of dollars […]

US Crude Oil Production Tops 10-M BPD

US Crude Oil Production Tops 10-M BPD

US Crude Oil Production Tops 10-M BPD $USO US Crude Oil stocks rose more than expected last week, while gasoline and distillate inventories fell, the Energy Information Administration (EIA) said Wednesday. US Crude Oil production rose 384,000 BPD in November to 10.038-BPD, the Energy Information Administration said in a monthly report Wednesday. The level was just […]

Tesla (NASDAQ:TSLA) the ‘Failures and Fury’

Tesla (NASDAQ:TSLA) the ‘Failures and Fury’

Tesla (NASDAQ:TSLA) the ‘Failures and Fury’ $TSLA Last Thursday, Tesla Inc (NASDAQ:TSLA) declared that it is on track to achieve its production targets for the Model 3, directly contradicting a report of further delays and quality issues for its latest and most-affordable sedan. Tesla’s problems with battery production at its Gigafactory in Sparks, Nevada, are […]

Box Office: ‘Jumanji’ Beats ’12 Strong,’ ‘Den of Thieves’ Takes $20-M

Box Office: ‘Jumanji’ Beats ’12 Strong,’ ‘Den of Thieves’ Takes $20-M

Box Office: ‘Jumanji’ Beats ’12 Strong,’ ‘Den of Thieves’ Takes $20-M $SNE, $TWX, $FOXA, $DIS ‘Jumanji: Welcome to the Jungle’ is now 1 of the Top-grossing Sony titles of all time in North America as it crosses $300-M domestically. Sony’s (NYSE:SNE) Jumanji: Welcome to the Jungle stayed on Top at the box office in its 5th frame, […]

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