Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the first quarter. You can find articles about an individual hedge fund's trades on numerous financial […]...
The Tesla Inc (NASDAQ: TSLA) Model Y is already an advanced product, with a two-piece casted body that reduces weight and manufacturing complexities. "When we get the big casting machine, it'll go from 70 parts to one with a significant reduction in capital expenditure," CEO Elon Musk said in 2019. What Happened: It appears the large casting machine is now in Fremont, according to a picture posted by Tesmanian.Not only would this reduce the cost and complexity of Model Y, it would allow Tesla to produce more vehicles faster.Musk has also said the Berlin-produced Model Y will be a revolution in autobody engineering. Benzinga's Take: Tesla moves quick when it comes to vehicle updates. The company does not wait for model year refreshes, with vehicles regularly receiving software and hardware updates as soon as they are ready to be rolled out.Tesla will also hold its battery investory day Sept. 22, which...
Sonos reported $249.3 million in revenue for Q3, topping the Street's estimates of $235.71M. However, the company missed EPS estimates, posting a loss of $0.13 compared to the expected $0.52 loss per share. Yahoo Finance’s Jared Blikre joins The Final Round panel to break down the details....
(Bloomberg) -- The Dakota Access oil pipeline again staved off what would have been an unprecedented shutdown, with judges ruling that the Trump administration has to decide whether the conduit can operate while a more robust review is done.Judges said Wednesday that they expect the U.S. Army Corps of Engineers to clarify in front of a federal district court whether the agency thinks the pipeline must shut after a key permit was vacated in July. The decision from the U.S. Court of Appeals for the District of Columbia Circuit buys pipeline operator Energy Transfer LP some time after the July 6 shutdown order rocked the industry.“Despite the mixed decision from the circuit court, the impact is wholly positive for the pipeline,” said Bloomberg Intelligence analyst Brandon Barnes. Energy Transfer shares rose as much as 6.2% before paring gains to close up 3.5%.The Army Corps is likely to allow the pipeline to...
The U.S. Federal Aviation Administration on Wednesday said it was proposing to fine Boeing Co $1.25 million after the agency alleged Boeing managers at its South Carolina plant exerted undue pressure on workers who handle safety oversight work on behalf of the agency. The FAA said Boeing managers pressured workers to perform inspections on an aircraft that was not eligible for inspection because of various issues; harassed people to make them perform inspections more quickly; threatened to replace workers; and retaliated against a unit manger for filing an undue pressure report by declining to interview the "highly qualified manager” for a promotional position. The long-standing practice of delegating some FAA tasks to airplane manufacturers has come under criticism after two fatal Boeing 737 MAX crashes raised questions about the program....
