Diamonds and Dogs
Plenty of good news for Boeing (BA). After a Airshow in Dubai over the weekend the stock is up 5% after receiving a number of orders from Saudi Arabia's Emirates airline along with orders from DHL Express. Boeing also settles their lawsuit with victim families of the 2019 Ethiopian Airlines 737 MAX crash. Boeing is also optimistic they will start receiving new orders from China before year end.
A spat between Elon Musk and Senator Bernie Sanders has Tesla (TSLA) down 4%. Elon Musk, the world's wealthiest person, directed a series of insults at Bernie Sanders on Twitter after the U.S. senator repeated his call for billionaires to pay more in taxes. Musk, whose $286 billion fortune has made him a target for supporters of a wealth tax, responded: "I keep forgetting that you're still alive." In a subsequent tweet early Sunday, the chief executive officer of Tesla and SpaceX asked: "Want me to sell more stock, Bernie? Just say the word…"
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