Diamonds and Dogs
10/5/22
Exxon Mobil (XOM) higher on analyst comments. Exxon is up 4% as the RBC analyst expects third quarter earnings to be near record profits of $18 billion or $4 a share. OPEC+ is also looking to cut production by 2 million barrels per day, but may only be a million barrels a day if Russian sanctions go into effect.
Tesla (TSLA) lower ny 4% not far from 52 week low on news Musk will go through with his $44 billion buyout of Twitter which could take more of his focus away from Tesla. Musk is of course CEO of Tesla, co-founder and CEO of SpaceX, founder of the Boring Company, and co-founder of Neuralink and OpenAI.
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