Cramer's First Hour -- Part 2 -- November 5, 2024

Locator: 48711CRAMER.

Boeing: this needs to be fact-checked. This was reported by CNBC earlier this morning --

• Boeing's machinists' contract will cost Boeing $1.1 billion over the next four years;
• the machinists' strike was costing Boeing $1 billion / month
• what am I missing?

AI: there are two camps -- 

• one camp: it's all hype
• second camp: it's real.
• I'm in the second camp.
• Palantir is soaring.
• Global Foundries up 11%.

MPC:

Bernie Marcus, wiki. Dies at age 95. 

Bernard Marcus (May 12, 1929 – October 20, 2024) was an American billionaire businessman. He co-founded The Home Depot. He was the company's first CEO and first chairman until retiring in 2002. As of November 2024, Forbes estimated his net worth at US$11 billion.

Bernard (Bernie) Marcus was born to Russian Jewish immigrant parents in Newark, New Jersey.

He was the youngest of four children and grew up in a tenement. He graduated from South Side High School in 1947. Marcus wanted to become a doctor, and was accepted to Harvard Medical School, but could not afford the tuition. He graduated from Rutgers University with a pharmacy degree. He was a member of the Alpha Epsilon Pi fraternity.

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. 

Intel: Cramer changes tune. Says "we" can't ignore Intel. Too big to fail. Reminds us that Intel is looking to monetize it's subsidiary, Altera. Link here. 

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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 something appears wrong, it probably is. Feel free to fact check everything.
  
• 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.
• Longer version here.