Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (8411)	3/11/2020 9:38:40 PM
From: robert b furman	2 Recommendations Recommended By the traveler Winfastorlose Respond to of 26596

Good thinking bro. It tickles me to hear that the Europeans are suddenly thinking that travel across borders may not be such a good idea anymore. OH MY, How the globalists have been taken down to look like lepers. There is a bright side to this. It now becomes clear that Trump's border ideas are not so crazy! Nor was his quick call to shut down travel from China. These blind obstructionists just can not get out of their political hatred knee jerk stupid reactions. It's time we pull together in the US. I do not think the hateful Dems are capable. If not, I'm sure a huge exodus from the Democratic party will be assured. There is a sea change of hard core Democrats who can not join the out of line hatred. That's a good thing! Bob Bob

To: Kirk © who wrote (8411)	3/12/2020 2:23:35 AM
From: Winfastorlose	Read Replies (1) \| Respond to of 26596

This is some kind of a bizarre milestone. Tesla Is Now America’s Most Valuable Industrial Company After Surpassing Boeing Martin Lerma Robb ReportMarch 11, 2020 Tesla’s winning streak continues. The California-based EV automaker is now the country’s most valuable industrial company after besting aerospace giant Boeing. Tesla’s market valuation surpassed Boeing’s by more than $10 billion on Wednesday morning, according to Bloomberg. The news is yet another laurel for the car manufacturer and CEO Elon Musk, considering that the gap between the companies was $200 billion only a year ago. Tesla’s value has ballooned over recent months, surpassing nearly all of its other major rivals. The company’s shares have surged 52 percent this year alone, following two straight quarters of earnings that beat expectations. In January, the company became the first US automaker to surpass the $100 billion mark, making it worth more than General Motors and Ford combined. That month also marked the first time Tesla surpassed Volkswagen, which makes it the world’s No. 2 automaker behind only Toyota. Boeing, in contrast, has struggled through perhaps its biggest crisis in its history. The aerospace company is reportedly suffering from diminishing cash more than a year after two of its 737 Max airplanes crashed and the model was grounded amid multiple government probes. Now, as the spread of the coronavirus curtails global travel and disrupts the industry, the manufacturer is reportedly taking a $13.8 billion loan to offset more potential losses. Whether or not a loan will be enough to turn things around for Boeing is an open question. But the company was dealt another financial setback on Wednesday. Air Canada announced that it will cut its latest Max order by 11 jets—nearly 20 percent of the airline’s original order. As for Tesla’s Elon Musk, surpassing Boeing is a notably win for the CEO. Boeing, after all, isn’t just a market juggernaut; it competes directly with Tesla’s emerging Space X company in the rocket-launch sector. finance.yahoo.com