Clearing Out The In-Box -- May 10, 2022

Fox Sports loves Tom Brady: will join FOX Sports as lead NFL analyst when he retires. 2045. 

US gasoline: retail, hits record -- $4.374.

US market:

• Novavax: reports its first profitable quarter, but the stock sinks (as does the entire market); link here.
  

• Pfizer to buy Biohaven Pharmaceuticals for $12 billion: Biohaven soars. Link here. Barron's here.
• XPO Logistics beat estimates, raised guidance. Link here.  Barron's here.

US LNG:

• FERC extends construction deadlines for two US LNG projects, despite objections -- Reuters, link here.

Spare capacity:

• clearly the big story of the day, link here.
• global alarm, Bloomberg, link here

OPEC:

• Russia production: link to Julianne Geiger.
• OPEC falters: link here.

Mexico:

• energy trade between US and Mexico at nine-year high. EIA. Link here.

Germany:

• in deep doo-doo -- Reuters, without Russian energy.

EVs:

• Tesla: in deep doo-doo? Link here.
• produced 10,757 units in China in April
• that's an 84% drop y/y -- repeating, that's an 84% drop year-over-year:
• wholesale: 1,512 units
• exported zero units; 

The other battery: Energizer. You know, the pink bunny. Link here. 

• profits, sales beat forecasts
• company raises forecast for top-line growth
• one of very few stocks to rise, despite debacle on Wall Street.
• how Mercedes is using this battery. 
  

AAPL: to re-structure its "Services Team.

• will focus on streaming and advertising
• is it time for AAPL to buy DIS?

**********************
Got Milk?

Oat milk vs almond milk.

Bottom line: pretty much interchangeable. Personal choice. Maybe oat milk has the edge. Starbucks can use oat milk; can't use almond milk.