Billionaire investor and inventor Elon Musk’s hyperloop is almost ready. He’s going to give away free rides. Details, pros and cons, and the potential impact for manufactured housing are our focus report for tonight.
If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports are found further below, just beyond the Manufactured Housing Composite Value for today.
The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.
Part of this unique feature provides headlines – from both sides of the left-right media divide – that saves readers time, while underscoring topics that may be moving investors, which in turn move the markets.
Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.
MH “Industry News, Tips and Views, Pros Can Use.” ©
ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here.
Headlines and bullets from Fox Business.
- Trump’s plan to lower drug prices: increased competition
- The White House proposes eliminating the “middlemen.”
- Symantec loses $6B in market value over mystery probe
- F-150 not alone: GM, Fiat Chrysler hit by parts shortage
- Dow index posts seventh straight day of gains
- Starbucks’ Howard Schultz opens bathrooms to all after Philly incident
- AT&T exec out in Michael Cohen payment scandal
- Trump tariffs: California almond growers say China, US stand to lose
- FCC fine of $120M for nearly 100 million robocalls in three months
- Facebook plans to create its own cryptocurrency: report
- In between agents? Damon Wayans Jr. could help you in the meantime
- White House addresses fears of robots replacing humans: technology executive
- Aflac toy robot for kids faces cancer with real feelings
- GameStop CEO steps down after three months in role
- Candace Owens rips media smear campaigns: Time for conservatives to ‘punch back’
Headlines and Bullets from CNN Money.
• Banks are walking away from low-income homebuyers
• The $2 billion food startup you’ve never heard of
• Piloting a drone can earn you $100,000 per year
• The self-driving car startup that the auto industry actually trusts
• Can this technology modernize how we vote?
• El Salvador may host 3D-printed home community
• She was too short to play Goofy. Then she invented Spanx. Now she’s a billionaire
• Before she became a CEO, Sarah Robb O’Hagan was fired and laid off
• How Richard Branson went from high-school dropout to billionaire entrepreneur
• When this billionaire entrepreneur started out, he was living in his car
• LinkedIn says these skills are crucial to landing a job in 2018
• Trump lays out his vision for lower drug prices
• Just who gets those big drug rebates?
• The oil market is about to get scary
• Accused robocall ‘kingpin’ fined a record $120 million
• AT&T CEO says hiring Michael Cohen ‘was a big mistake’
• Postal Service losses soar to $1.3 billion, but don’t blame Amazon
• ‘Impossible position’: Brexit is going nowhere fast
• Humanoid robot runs through the park by itself
• Elon Musk’s LA tunnel is almost finished — and he’s offering free rides
• Cisco yanks all its ads from YouTube
• Google’s plans to use AI to help the blind
• The most influential man in Silicon Valley
• Trump lays out his vision for lower drug prices
• Just who gets those big drug rebates?
• The oil market is about to get scary
• Accused robocall ‘kingpin’ fined a record $120 million
• AT&T CEO says hiring Michael Cohen ‘was a big mistake’
• Postal Service losses soar to $1.3 billion, but don’t blame Amazon
• ‘Impossible position’: Brexit is going nowhere fast
• Humanoid robot runs through the park by itself
The Closing Tickers:
Manufactured Housing Composite Value (MHCV)
Today’s Big Movers
For all the scores and highlights on tracked manufactured home connected stocks today, see the Bloomberg graphic, posted below.
Today’s MH Market Spotlight Report –
Elon Musk’s LA tunnel for the hyperloop is almost finished, reports CNN Money and others in media.
It represents Musk’s plan to beat Los Angeles traffic.
Musk, is known for Tesla, Space X and is the founder of the Boring Company. He announced late Thursday the tunneling startup has nearly finished building its first stretch of a Los Angeles tunnel.
The tunnel will be a key component of its loop transport system, which will move people in their own cars or passenger “pods” for bicyclists and pedestrians. The high-speed system will allow people to bypass LA traffic, and thus get around the city faster.
But it is also a possible vision into how commuters from outside a metro could move more quickly into a city to do their work. That would allow workers to buy homes – including manufactured homes – further out, where land and other costs would be lower.
Musk stated that the public will be offered free rides on his Loop service in the upcoming months, once the Boring company receives regulatory approval.
The company has sought a permit for a 2.7-mile tunnel in busy West Los Angeles, but its overall vision includes a 60-mile tunnel network that would be one of the largest subway networks in the United States.
Musk said pedestrians and cyclists will receive priority access to the tunnels, and that access will cost less than a bus ticket.
Two videos give you more insights, the first is pithy, the second is more in depth and gives added background to hyperloop.
CBS News
The Economist
White House Official Statement on Artificial Intelligence – Industry and Business Summit
Bloomberg Closing Ticker for MHProNews…
NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services.
NOTE: The chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.
NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.
LCI Industries, Patrick, UFPI and LP all supply manufactured housing.
AMG, CG and TAVFX have investments in manufactured housing related businesses.
Your link to industry praise for our coverage, is found here. Comparisons on traffic compared to MHI, others – linked here.
For the examples of our kudos linked above…plus well over 1,000 positive, public comments, and endorsements, we say – “Thank You for your vote of confidence.”
“We Provide, You Decide.” © ## (News, analysis and commentary.)
(Image credits and information are as shown above, and when provided by third parties, are shared under fair use guidelines.)
By L. A. ‘Tony’ Kovach.