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Wednesday Morning Notes

SpaceX making news today. Nice. If only SpaceX were not a private company. Who knows what the future will bring?

Microsoft warning of a computer bug that will mainly affects older systems like Windows 7 and Windows Server 2008. It also affects Windows 2003 and Windows XP. OK. We have been warned.

Futures lower pre-market and the roller coaster ride continues.

Morgan Stanley's approach has questions flying across Wall Street about how the bank priced Uber shares. Underwriters worried about the IPO deployed an unusual "naked short" tactic to support the stock, allowing the sale of shares in excess of the greenshoe portion, but then bought them back in the open market to provide even more firepower. I am guess that this is legal to do and that no punishment is in order.

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