Tesla revenues up but with losses Tesla revenues up but with losses. Tesla Inc., reported revenues yesterday (02/08/17) up on the same period last year (April to June 2017). Losses increased but the share price went up by 8%. Investors appear to be content about Tesla’s future prospects. It’s not …

Super Thursday At midday today the Bank of England (BOE) will announce its interest rate decision, latest inflation report and release minutes of the monetary policy meeting. I don’t intend to guess the outcome – I’ll leave that to the clever guys, you know – the analysts who never get …

DOW closes at record high The DOW Jones reaches milestone – breaking through 22000 to close at 22016 – that’s now six consecutive days of record highs.

FTSE 100 lower The FTSE 100 closed lower today (02/08/17) at 7411 Old Mutual PLC (OML) was the best performer up 2.8% to 203p and Standard Chartered PLC (STAN) was at the bottom of the pile down 6.1% to 795p

UK construction growth falls Latest construction survey data of purchasing managers out today (02/08/17) from IHS Market/CIPS show UK construction sector growth fell below analysts expectations. IHS Market/CIPS index fell from 54.8 in June to 51.9 in July. PMI data for the service sector due on Thursday 3rd August 2017

Apple shares up Apple Inc. produced stellar results yesterday (01/08/17) and its share price has zoomed today – up in early trade by 6% to $159.00 Its not just down to hardware either – all areas of the business have done well including: Apple Pay, App Store, its cloud service …

Rise of the DOW The DOW Industrial Average continues on its meteoric path of record breaking milestones… In November 2016 the DOW breaks through 19000 for the first time – record no. 1 In January 2017 the DOW breaks through 20000 for the first time – record no. 2 In …

The DOW Jones Industrial Average didn’t quite make it to 22000 today (01/08/17) and closes at: 21966 This is the fifth day straight that the DOW makes new records – will it be 22000 and six days of consecutive records tomorrow? The NASDAQ and the S&P 500 also finished higher.

Sterling is trading up against the dollar today at $1.32 – the highest level since September helped by good manufacturing figures for July.

Electric Trucks, Vans & Cars. Maybe it has been a reluctant move for car manufacturers to adopt electric vehicles into their mainstream production plans. After all, electric vehicles have been around for sometime and not really that much has happened through the years. But it is now gathering general interest …