Cramer's First Hour -- Part 2 -- October 16, 2024

Locator: 48595CRAMER.

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.   

Looking for love in all the wrong places, link here:

Industrial vs tech:

Fact check: Joe Kernan says "they've" restarted Three-Mile Island. Not only has it not re-started but there are already regulatory concerns. This isn't going to be easy. By the way, all those nuclear engineers -- where are they now and what are they doing now? First thought? How old is Homer Simpson now?

In most episodes, Homer Simpson works as the nuclear safety inspector at the Springfield Nuclear Power Plant (in Sector 7-G), a position which he has held since "Homer's Odyssey", the third episode of the series, despite the fact that he is totally unsuitable for it.

SMRs: small modular reactors. First, that google news. Now, Amazon. Exploring with Dominion Energy at a cost of $500 million to "explore" feasibility of three SMRs near Amazon sites in Virginia.

Keeping track:

• Microsoft: $10 billion, Three-Mile Island.
• Google: financial details not revealed; eight SMRs. For those hoping to get in on the ground floor, Kairos Power is a private company.
• Amazon: half-billion-dollar investment.

Memo to self: may have to add a new "page" to the post, a tab linked at the top. We'll see. 

By the way: does the nuclear industry think the public will buy into nuclear in their backyard? No "nuclear" in their "new" product. Not called "small nuclear reactors," but rather "small modular reactors." Speaks volumes. Sort of like KFC removing "fried" from its name.

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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.