Cramer's First Hour -- September 4, 2024

Locator: 48532CRAMER.

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

Vaca Muerta: big, big story on Cramer's "Mad Money" last night. The Vaca Muerta is tracked here. Cramer's interview with Vista CEO is behind a paywall. But these links probably fill the gap:

Two days ago, I cleared out the in-box -- see some of the items down below the fold.

An update regarding some of these themes is in order.

Intel: in latest report, Intel disappoints -- unable to fab the new Broadcom chips. Link here. Also here. Last night  on "Mad Money," Jim Cramer was incredibly negative on Intel / INTC. Final word on "Mad Money" was on INTC. His advice: "stay away."

Lunar Lake: over at MacRumors. 

• Will be sold under the name Intel Core Ultra 200V. Supposedly optimized to take on Qualcomm's Snapdragon X Elite chips that Microsoft recently adopted for its AI-focused Copilot+ PCs

QCOM: just launched its Snapdragon X Plus 8-core processor; ramping up push into the AI PC space, taking on Intel and AMD -- CNBC.

EVs: in a world of hurt. Two links today -- EVs are tracked here. 

• TWSJ: the VW story; nothing new, but a very, very credible source.
• AFP: new car sales in Europe pummeled as EV sales plunge.
• Evan: Volvo -- scraps EV plans. Holy mackerel! And here!

PEG: Peter Lynch's go-to metric -- 

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Disclaimer
Brief 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.
  

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Re-Posting The Clutter From September 2, 2024

The Fed:

• the Fed may have reduced inflation even more than it intended; we've talked about this before. Link here.
• Morgan Stanley saying the same thing, link here.

US gasoline prices: 

• EIA says, adjusted for inflation, US gasoline prices are about $1.70 lower today vs twelve years ago!!! Link here.Thank you Harold Hamm and Joe Biden.

Intel (INTC):

• the plan to save the company; comments are very, very helpful.  Link here.
• the plan, Reuters; exclusive. Link here.
• over at twitter, link here.
• crash and burn! Badly designed chips or are they defective? Link here.
• Intel says nothing to see here? LOL. Link here.

Portfoil Parrot: investing; twitter; new. Link here.

Nvidia (NVDA): 

• margins.
• broadening the company's focus.

AI:

• Apple, Johnny Evans. Link here.
• Open AI user count soars as Apple and Nvidia want to invest. Link here.
• Facebook's (META) Llama models are approaching 350 million downloads to date. Link here. IIRC, Mark Zuckerberg is the number 1 buyer of Nvidia's GPUs. Needs to be fact-checked.
• Amazon turns to Anthropic's AI for Alexa revamp. Link here.
• Barron's -- Apple, Nvidia may join Microsfot in funding Open AI, link here.

MSFT: its "recall uninstall option is just a bug. LOL. Link here.

Germany can't compete:

• VW weighs first-ever Germany plant closure to cut costs, link here.
• Dan Tsubouchi, link here.

Lucid:

• 2025: expensive. Link here.

Dollar General: consumers are "strapped," feeling the pain. Link here. But they can afford $100,000 EVs.

HEVs:

• the fake EVs. Simply ICE with a bit of a kick. Nothing more, nothing less. Link here.
• sales. EIA. Link here.

ERCOT: Texas -- huge natural gas demand. LOL. Predicted.

Beth:

• the GPU as a service market: will grow more than 10x by 2032.
• the damn DRAM and MU: the DRAM market surged nearly 25% q/q, in 2Q24.

BRK: sells more BofA; has now cut state by nearly 15%. Link here.

NBC: with the Summer Olympics, "hit it out of the bullpark." Link here.

Investing: stock market returns after rate cuts; link here.