Notes From All Over -- Part 1 -- The Culver City Edition -- October 12, 2021

Southwest Airlines, weather:

The Permian: shale oil is booming again. Link to Yahoo!Finance. But looks who drilling.

Enbridge: this is the third time I've posted / linked this story. It's that big a deal. Zacks article here.

Southwest Airlines: apparently the weather is still  impacting Southwest Airlines.

Apple, Inc: previously posted, another huge story that needs repeating: Apple is building a massive new campus straddling Los Angeles and Culver City. Archived. In addition to everything else, this will re-vitalize that area of west LA; this is huge:

• will be located along National, Venice, and Washington boulevards
• two huge facilities; connected by a "shared wall"
• in the big scheme of things, this is prime real estate in an incredible part of the city
• about ten miles up Venice Boulevard from the ocean, Venice Beach
• this will really, really re-invigorate this area
• the addresses of the new buildings are 8825 National Blvd. and 8871 Washington Blvd. in Culver City, and 8827 and 8829 National Blvd. and 8876, 8884, 8886 and 8888 Venice Blvd. in the City of Los Angeles.

Apple, Inc: close to another milestone -- will join Saudi Aramco with $100 billion in profits, annually. Link here. In another five years, three other companies could join the club: Alphabet, Amazon, Microsoft.

T: I've long lost interest in ATT as an investment, and it's only going to get worse, but a two-second soundbite regarding ATT, the telcos, and streaming reaffirmed my excitement for copper.

The Fed: may taper but it's not going to start raising rates any time soon. Analyst. Link here. 

$80-WTI: won't destroy demand or hurt the economy. Link to Tsvetana Paraskova. 

Huge: Netflix partners with Walmart.

Target, posted September 23, 2021:

• Target announces it will not hire additional seasonal workers for the holidays.Obviously our local Target store did not get the memo. The store has big signs at the entrance advertising seasonal hiring at high hourly rates.

Sports: I've never cared for Jon Gruden but I never would have wanted to see this. Resigns as Raiders coach after more leaked e-mails from 2011 reveal homophobic, misogynistic language. Link here. This is ten years ago, but didn't folks know by then that e-mails never disappear?

New vaccines, medicines to prevent / treat Covid: Merck and AstraZeneca.

Nvidia.

Chariots on fire: LG to pay upwards of $2 billion to GM over Bolt EV battery fires. Link here. In pre-market trading, GM is up 1%.