- No shocker here as the FTC issues a blistering rebuke of states limiting sales of TSLA direct consumer sales.
- So much for the peace accord with Russia as they begin military exercises (WSJ) Markets will not like this continued uncertainty. Watch crude oil, gold, silver and copper. You will note that bonds $BND (flight to safe haven) have been holding up. Not everyone is pouring money into equities.
- The first regulation proposals are coming out on e-cigarettes $LO currently holds a 42% market share..
- Talk about putting cash to work. AAPL has bought 24 companies in the last 18 months. Searching for innovation allthewhile announcing an increase to their stock buyback, stock split and quarterly dividend to keep value investors in the name. Oh, and an earnings beat once again to a low bar set. Way to go Tim Cook.
- The FCC said it will propose rules today that could give high-speed Internet providers more power on what content moves the fastest on the Web based on which firms pay the most. These net neutrality rules (to be voted on May 15th) could dramatically reshape Web experiences of consumers, where videos for ESPN.com, $FB or YouTube might be delivered more smoothly because of payments to broadband providers such as $CMCSA, $T and $VZ. The streaming videos of a smaller competitor could be halted with buffering and low-quality images if those firms aren't able to pay ISPs access to faster Internet lanes into American homes. Whatever happened to a level playing field?