FOX, TNF, RIVN, EF-5, DMLRY, HUMMER, And EIEIO -- December 17, 2021

NFL, FOX and TNF: last night's incredibly exciting game was the last game that Fox will televise on Thursday night. 

Next Thursday, NFL Network is the only network where TNF will stream. Amazon has rights to TNF starting in CY2022 after Fox Sports relinquished that "holding" a few years early, selling to Amazon. Amazon Prime Video will stream TNF (as it has been doing this entire season) and TNF will also be available on Hulu. Link here. Last night's game which ended in an overtime win for the Chiefs, which I guess, remains a politically-correct name.

Daimler truck division: earlier I wrote that it appeared that the new ticker symbol is assigned and one is able to trade shares in the new truck division. That is apparently inaccurate. If that is accurate (that my original note was inaccurate), shares in the new Daimler truck division are not yet available.

Hobby Lobby: raising full-time minimum pay to $18 / hour.

GM: Hummer deliveries "begin." I haven't seen the photo op yet of the first customer taking delivery. GM down 5 percent in early trading today, December 17, 2021. For the past month, GM is down 14%; down $875/share. And no dividend while you are waiting. Buying opportunity today?

Hummer: cost? If you have to ask, you can't afford one. From CNBC:

• $113,000 for the special "Edition 1" version; about 1,200 such vehicles;
• lower-priced versions
• Ultium platform, motors and batteries, all developed in-house by GM
• GM: to invest about $30 billion in production and development of EV through 2025
• back-of-the-envelope:
• average selling price of an EV: $75,000
• $35 billion / $75,000 = 400,000 vehicles.

Rivian: IBD. Most striking: analysts anticipated a loss of a dollar per share; in fact, $12/share. Orders placed today won't be filled until 2023 due to production constraints. Still nothing about margins.

Global warming: US tornado damage 1950 to 2021. Link here. 1950? That's about the year I was born. My mom grew up in tornado alley. I think the "thing" that frightened her the most was a tornado.

Greed: Thomas Sowell -- I have never understood why it is "greed" to want to keep the money you have earned, but not greed to want to take somebody else's money. Link here.

Covid-19: biggest mistake -- attributing current hospitalizations to the new variant, Omicron, when, in fact, it's still the Delta virus causing the current hospitalization surge. Omicron is clearly milder.