Beautiful, Beautiful Morning In Downtown Southlake, TX -- June 4. 2024

Locator: 48046AAPL.

Four big stories today:

• Microsoft: laying off folks; quietly ghosting HoloLens? Link here.
• despite volatile market, AAPL stayed in the green overnight
• WTI: broke below $73, but has since recovered. Slightly.
  
• economy: 2Q24 GDP estimate dropping like a rock -- GDPNow down to 1.8 vs 2.7. 
• we now have enough data  (IYKYK)
  
• to sell ads, CNBC will hype the May, 2024, jobs report, knowing that "jobs" is a lagging indicator

Blogging: because of family commitments, blogging will be minimized, delayed.

Southlake, TX: I had some errands to run after dropping Sophia off for her sailing lessons on Grapevine Lake. Wow, what a beautiful day. Reminds me of the "better" days in New England: somewhat cool, slightly breezy, not particularly humid, but a bit of drizzle and overcast. It's hard to believe that a planet like this exists in the known universe. The only one. And we happen to be here at this point in time. Although I would have preferred to be this age in the 1960s?

Grapevine Lake Water Level: link here.

Commentary: probably not until later today. I have an appointment in twenty minutes and am enjoying coffee and a croissant. Very expensive coffee and croissant but I don't get into downtown Southlake much any more and I'll consider this part of my vacation this year. LOL.

Personal investing: I haven't decided yet, but most likely I will add to my ING and CRH positions again later today. I think I did the same thing yesterday. By rule. No recommendation. See disclaimer. On this dip I would love to buy more energy, but rules won't allow it. Just out of curiosity, what's NVDA doing today, early morning trading? Down 0.3%; down $3. AAPL? Flat. 

Yesterday, I spoke with a cybersecurity expert, who I'll refer to as Expert A in this short commentary: his views on "Nvidia" and my views are pretty much identical. I would love to know what flashes across his mind when I start mentioning CPUs, GPUs, and NPUs on the same chip.  I mentioned the M4. He said: SOC. I'm so used to that "acronym" I failed to mention it. 

Just for the fun of it, google SOC chips. What's the first hit, and what's the first image? This:

"Expert A" suggested this is what differentiates Apple hardware from Dell's hardware. Dell needs to buy CPUs and GPUs separately and then "wire" them together in their laptops. That's so yesterday. But Dell is the current "darling" on Wall Street" which speaks volumes. I assume Dell uses NPUs but not necessarily. Not many folks understand why M4s are so amazing.

Nvidia: Blackwell "flying" off the shelves. Rubin up next.

AMD: Ryzen.

Is Dell simply an assembler?  Link here. This is so yesterday. This is like paying your college roommate to build you your own computer. 

Are you kidding me?  

Apple, Tower or Rack:

Apple laptop: 

Reminder: 

• Apple Silicon: link here.
• tech: chip count updates.
• transistor count: wiki.

**************************

Back to the Bakken

WTI: $72.81. 

Wednesday, June 5, 2024: 54 for the month; 118 for the quarter, 317 for the year
40278, conf, CLR, Cuskelly 5-7H,
40245, conf, Empire North Dakota, Walleye 32-8 1H,
39387, conf, BR, Watchman Peak 2-8-11TFH,
38057, conf, Oasis, Wood 5498 12-25 4B,

Tuesday, June 4, 2024: 50 for the month; 114 for the quarter, 313 for the year
39386, conf, BR, Watchman Peak 3-8-11MBH,

RBN Energy: extensive connectivity supports Wink's emergence as a major Permian crude hub. Archived.

Situated in West Texas’s Winkler County, the tiny city of Wink (population just under 1,000) might seem easy to overlook but it holds a special place in music history as the childhood home of Roy Orbison — he formed his first band, the Wink Westerners, there in 1949. But beyond its rich musical legacy, Wink in recent years has emerged as a key hub for crude oil connectivity in the prolific Permian Basin. Don’t blink or you might miss out on what’s happening in this dynamic locale, the subject of today’s RBN blog.