Cramer's First Hour -- Gasoline Prices Down; Income Up -- What A Great Country -- September 10, 2024

Locator: 48557CRAMER.

Cramer's first hour: a mix of facts, factoids, opinions from various sources -- often not cited -- while listening to Cramer's first hour on CNBC.

iPhone, from yesterday: David Faber says his children won’t get the “16.” He will upgrade their phones to the “15.” Speaks volumes.

• Faber says the new iPhone is too expensive. LOL.
• telecom incentives
• trade-ins
• together, a new phone "16" -- amortized over two years -- probably costs less than daily visit to Starbucks
• we now know that David Faber -- MSNBC / CNBC / Android -- uses Apple iPhone -- wow
• kids all get an upgrade! Regardless of whether it's the "15" or the "16," the kids are getting an upgrade! Apple doesn't care. Those "15's" probably have a margin of 100% by now.
  

Oracle: first story. Up 9% yesterday. Last year I added to my Oracle position several times. I forget why. It was during my pivot from energy to tech. Surges on 1Q24 beat, AI boost. Top pre-market gainer on the S&P 500 right now. Oracle forges strategic partnership with AWS. At open: Oracle up 14%. Frontier model: $100 billion. Forty percent of that goes to Nvidia. Frontier mentioned at this post.

Energy: the discussion continues from yesterday. The amount of energy that the hyperscalers / large data centers will need. Larry Ellison is dealing with this. 

NVDA: folks might want to spend some time looking at tech stocks today. 

Personal investing: Sophia put 40% of the cash she had today into tech.  

Income: link here.

Price of gasoline: link here.

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Disclaimer
Briefly Reminder 

• I am inappropriately exuberant about the US economy and the US market.
• I am also inappropriately exuberant about all things Apple. 
• See disclaimer. This is not an investment site. 
• Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them. 
• Reminder: I am inappropriately exuberant about the US economy and the US market.
• I am also inappropriately exuberant about all things Apple. 
• And now, Nvidia, also. I am also inappropriately exuberant about all things Nvidia.