April 24, 2019 -- Boeing Misses But Investors Like Report

Factoid of the day: 5G can support up to a million devices per square kilometer, while 4G supports only 4000 devices per square kilometer. Importance? IoT.

EV: Ford accelerates its EV push with half-billion-dollar investment in Rivian -- WSJ.  Rivian:

• a start-up
• 10 years old
• when is a start-up old enough to be a teenage and no long a start-up?
• Plymouth, MI
• wants to introduce a line of electric pickups and SUVs; describes them as "adventure vehicles"
• will be able to travel 400 miles on a full charge
• "skateboard" design: large battery under the floor; each wheel with electric power
• no cost given for the large battery, but my hunch, runs about $45,000/battery based on data coming from other sources

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Boeing: to announce later today

• analysts: forecast earnings of $3.25/share on $22.90 billion revenue
• pulls 2019 guidance
• pauses share buybacks due to 37 Max uncertainty
• misses its earnings, link here:
• earnings: $3.16
• revenue: in line
• operating cash flow slid almost 11% to $2.8 billion
• pre-market: Boeing up 1%; up $3.82; trading at $379

Facebook: to announce at 8:00 p.m.EST? That's what Yahoo!Finance says. Forecast: $1.63 vs $1.69 actual one year ago.