Earn your wings

[The beef 675] “I promise you, if you fly it… they won’t come.” - Jeff Hey there carnivores, Markets fell on Tuesday, after NYC school shutdowns caused conerns. Today we’re breaking down Boeing’s return to the limelight. All clear for takeoff You hate to see it. No, seriously... The Federal Aviation Administration [has cleared the 737 Max]( for takeoff again, ending the twenty-month grounding that started last March. The moratorium has cost the company more than $20B. In case you forgot, the Max was grounded after two separate crashes killed 346 people. A failed safety feature that should have stopped the plane from ascending too quickly actually caused the airplanes to stall and nose dive. So, literally the two things you don’t want your jet to do. Jet life The FAA’s approval only applies to domestic flights in the US [meaning airlines in thirty-one other countries]( affected by this grounding need their nations’ aviation authorities to sign off. Something tells me Indonesia and Ethiopia are going to take their time… Costly The grounding of the 737 Max was one of the most expensive mistakes a corporation has made… ever. "Welcome to the club." - BP Boeing [has attributed $20B]( in direct costs to the "hiccup," with $8.6B used to compensate customers, $6.3B in increased costs to the 737 Max program, and $5B for additional costs of production. Then there’s the $600M spent on jet storage, pilot training (which all pilots need to go through before flying the Max), and software updates. $BA rose initially after the news broke, but ended down 3.21% over concerns of ‘rona keeping the Max in the hangar. Of course, that's a blip on the radar considering the stock is down 50% since the March 10, 2019 crash. The bottom line... Now that the 737 Max is ready for the runway, the question remains: “Who would want to fly in one?” To date, [only American Airlines]( has added flights with the 737 Max to its schedule, and those are only on select trips between Miami and New York over the next couple of months. United and Southwest appear to be holding off until the first half of next year, probably to see how AA’s flights go. And if you are one of those lucky passengers who just has to get away from the Big Apple to shake your a** with Mr. 305 down in Miami, you can always just change your flight if you find yourself booked on a 737 Max. Thanks to the pandemic (and being thirsty for passengers) US airlines are waiving changes fees. They’ll presumably just charge an even higher baggage fees to make up for it... 📢 Spots Running Out! Any Moment Now, Kyle Is Set To Announce His Latest Sniper Report Alert LIVE Kyle Opened Up An Additional 250 Spots To Gain Access To Sniper Report For A Measly $1 Per Week [Trade Drops Soon!]( The General (Motors) GM is [getting into]( the insurance game, taking advantage of the fact that car manufacturers can remotely track vehicle behavior, and therefore reward (or penalize) driving behavior. The program will be branded under GM’s OnStar, a service that comes preinstalled on every GM car sold in North America, and is a lot like satellite radio in that no one uses it after the free trial. Those customers who agree to have their driving critiqued could save money based on observation of the speed limit, lack of sudden stops, and practicing otherwise good driving. It’s like a backseat driver that will charge you money for not listening. Money talks The only language Duolingo speaks? Straight cash, homie. The language learning platform [raised $35M]( via a new fundraising round led by Durable Capital and General Atlantic. The deal values the Rosetta Stone competitor at $2.4B. Duolingo might say that the valuation is très bon (French for “very good,” you cretins). Duolingo’s earned it, though. According to the firm, 4% of users pay for its premium service, and make up 80% to 85% of its revenue. The company is also on track to double its annual revenue for 2020 to upwards of $200M, a trend that Duolingo’s seen the last three years in a row. A full bushel Apple had a busy day. For starters, it announced that it would be [halving]( its App Store commission to 15% for businesses that generate no more than $1M in revenue. So, "small" or just not very good, who’s to say? For those over the $1M mark, that 30% fee isn’t going anywhere. You hear that, Epic Games? Later in the day, Apple made headlines again, this time agreeing to [pay a $113M]( settlement to resolve its “batterygate” controversy. That $113M will be paid out across 34 US states and Washington, DC, after allegations back in 2016 that Apple was downplaying its iPhone battery life problems. If you’re keeping track at home, Apple had already paid out more than $500M resolving other, various disputes around the globe. Wouldn’t it be cheaper just not getting sued? Missing the target… In a good way. Target [released]( its Q3 numbers on Wednesday, and let's just say they went above and beyond. The company announced earnings of $2.79 per share, blowing the $1.60 per share estimates out of the water. It also beat on revenue, bringing in $22.63B against a $20.77B estimate. On the news, Target shares climbed 3.4%. So, what drove the growth? Same-day services, like pickup and drive up, rose 217% during the quarter. Transactions at Target were up 4.5%, while the average basket price grew 15.6%. If you’re using a basket at Target, you’re kidding yourself. RagingBull, LLC 62 Calef Hwy. #233, Lee, NH 03861 DISCLAIMER: To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website, application or other service ("Services"), please review our full disclaimer located at [(. FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. AnyRagingBull Service offered is for educational and informational purposes only and should NOT beconstrued as a securities-related offer or solicitation, or be relied upon as personalizedinvestment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision. RESULTS PRESENTED NOT TYPICAL OR VERIFIED. RagingBull Services may contain information regarding the historical trading performance of RagingBull owners or employees, and/or testimonials of non-employees depicting profitability that are believed to be true based on the representations of the persons voluntarily providing the testimonial. However, subscribers' trading results have NOT been tracked or verified and past performance is not necessarily indicative of future results, and the results presented in this communication are NOT TYPICAL. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, market dynamics and the amount of capital deployed. Investing in securities is speculative and carries a high degree of risk; you may lose some, all, or possibly more than your original investment. RAGINGBULL IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Neither RagingBull nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor(IA), or IA representative with the U.S. Securities and Exchange Commission, any state securitiesregulatory authority, or any self-regulatory organization. WE MAY HOLD SECURITIES DISCUSSED. RagingBull has not been paid directly or indirectly by the issuer of any security mentioned in the Services. However, Ragingbull.com, LLC, its owners, and itsemployees may purchase, sell, or hold long or short positions in securities of the companies mentioned inthis communication. If you no longer wish to receive our emails, click the link below: [Click Here to stop receiving emails from support@ragingbull.com]( [Unsubscribe from all RagingBull emails](