Wednesday, November 18, 2020

Fast And Furious -- Fifteen Minutes -- November 18, 2020

First things first: Duolingo valued at $2.4 billion; only 4% are paying customers; WSJ

Boeing: 737 Max to be recertified today?

Shale oil: top companies to watch. XOM, CVX, COP, EOG, Pioneer Natural Resources, OXY, CLR.

XOM: it's newest, deepest well in Guyana disappoints; not economical. Link here

New Mexico: trimming budget as oil downturn hits. Interesting what is not said. 

Equinor: to boost output from top North Sea oilfield (Sverdrup): capacity hits 500,000 bopd; link here.

China: oil binge to run on into 2021; refiners stocking up; link here.

Apple: M1 MacBook Air and MacBook Pro -- biggest leap in years -- WSJ; link here;

Apple: CarPlay update.

Apple: to drop App store fees from 30% to 15% for all developers making under $1 million. Link here.

Honda: looking to re-design its Honda Civic; appeal to younger buyers; keep price in $20,000 range;

Soybeans: new $12/bushel; US farmers doing very, very well. Link here.

Lumber: demand for new fences meets a nationwide lumber shortage -- WSJ; link here

Retail: Walmart adding "pop-up" centers for online holiday sales. WSJ; link here. Sounds good, but why wouldn't you just have Amazon deliver your purchase for free?

Denmark: folks don't like the idea of "forced vaccinations." Link here. They may not like it but it will happen. But it will be voluntary. LOL. 

Pfizer: now that the competition has a vaccine that is 95% effective, Pfizer announces it's own vaccine is also 95% effective. Exactly on the mark: 95%. Not 95.4% or 95.1% but exactly 95%. 

Stuck? Are we stuck in a new trading range? 29,500 - 30, 500? 

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. 

2 comments:

  1. Bruce
    Ninety % of New Mexico oil comes from Federal land, but no worry the Governor asked Biden for an exemptio from the no fracking policy.

    ReplyDelete
    Replies
    1. Yes, that's what I found most interesting about the article: no mention of the new president's anticipated policy on fracking in general and leasing on federal land.

      Delete

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