Notes From All Over, Part 1 -- November 11, 2019

Global warming: it's going to be really, really cold today. Chicago might get a bit of snow. Not even winter yet -- another month to go.

Speaking of global warming, the New York AG walks back the claim that XOM is guilty of defrauding investors on global warming claims. At best it appears, XOM is accused of "investor confusion." So, at worse, XOM gets a bad headline, but this pretty much ends any financial risk to XOM and all other oil companies. These are always confusing cases to sort out -- how much effect they will have on XOM as an investment -- the best way to check that is to look at XOM's share price at the time of the news. Today, on Veterans Day, on a day that the market is down overall, XOM is down a whopping 50 cents. This suggests to me this whole thing is a nothing-burger. 

Apple, Inc: new MacPro spotted in the wild; probably a "marketing" leak. Just in time for Christmas.

The all-new ‌‌Mac Pro‌‌ boasts up to 28-core Intel Xeon processors, up to 1.5TB of ECC RAM, up to 4TB of SSD storage, and up to AMD Radeon Pro Vega II Duo graphics with 64GB of HBM2 memory. The computer also has eight PCIe expansion slots for maximum performance, expansion, and configurability. 

The ‌Mac Pro‌ starts at $5,999, so this machine is only for the most serious professional users. They could also twin it with the $6,000 Pro Display XDR, which is expected to be released at the same time.

Playing fetch with Fido. Link here.