Locator: 47166B.
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The Movie Page
"Quentin Tarantino on Clint Eastwood's Dirty Harry" -- from eight days ago.
"How Pulp Fiction Revolutionized Cinema" -- from three days ago.
Locator: 47165B.
Social security: some are already predicting that social security benefits could rise by 3.2%; link here.
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Back to the Bakken
WTI: $48.63.
Active rigs: 37.
Two new permits, #40753 - #40754, inclusive
One permit renewed:
One producing well (a DUC) reported as completed:
Locator: 47164BUFFETT.
Warren Buffett is tracked here.
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Buffett
Chubb.
First thought: old school. Okay.
Spreadsheet. Source here for the top 50 holdings. A great interactive spreadsheet at that link. This is the 1Q24 BRK equity portfolio that I use for myself. It is not meant to replace other sources. I added today's Chubb announcement and updated the top 20 or so holdings. At the annual meeting, 2024, Buffett said he had sold the entirety of his Paramount position, but in the 13F released today there was still a small amount PARA noted.
Disclaimer: I often make typographic and content errors on spreadsheets like this. If this is important to you, go go the source.
The portfolio that tries men's souls.In no particular order. Some are one-year comparisons; some are five-year comparisons:
Locator: 47163MARKET.
All Three Major Indices Hit New 52-Week High (All-Time Highs?)
S&P 500: crosses 5,300 first time ever
Individual Tickers: New 52-wek highs: 285.
VIX at an all-time low (again needs to be fact-checked)
Bull market, link here, 581 days:
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Buffett
Chubb.
First thought: old school. Okay.
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CISCO (CSCO)
CISCO beats EPS $0.88 vs $0.82
$12.70 billion vs $12.53 billion.
After hours CSCO jumps.
Currently up about 4.5% after hours.
Link here. One "ticker" I've never understood: CSCO. It remains one of my core holdings. No recommendation. See disclaimers. I've simply had it forever, and have pretty much forgotten about it, although periodically, by rule, I add a bit of new money to my core CSCO holding.
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Netflix
Very positive day, today.
A lot of good things being reported by Netflix.
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McDonald's
Or, How One Loses Credibility
A $5-meal?
Sure, but it's only a month-long promotion. Link here.
Somehow this doesn't impress me.
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AAPL
So far, up 11% this past month, where as market itself has gained 5%. Quote from CNBC anchor, needs to be fact-checked. Fact-check, past month:
***********************
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.
Locator: 47162RENEWABLES.
From oilprice.com.
Does anyone seriously "link" green energy (wind and solar) with Azerbaijan, Kazakhstan, and Uzbedistan?
Oh, give me a break.
Meanwhile, in the US, by state, renewable energy production (2022): link here.
Locator: 47161EVS.
Sort of reminds me of the old adage: "He's out standing in his field."
Selling more (revenue) and losing more. What's wrong with that picture?
From the linked article:
Rivian announced a loss of $1.24 per share in the first quarter, down from a $1.25 loss a year ago, while revenue increased more than 80% to $1.204 billion. Analysts predicted a loss of $1.15 per share in Q1 with sales totaling $1.17 billion.
Meanwhile, Rivian ended Q1 with $7.858 billion in cash, cash equivalents, and short-term investments. Rivian ended Q4 with around $9 billion in cash.
Rivian also lost $38,784 per vehicle delivered in Q1.
"First-quarter results exceeded our outlook ...." -- CEO.
Locator: 47159STREAMING.
Locator: 47159AAPL.
Why is this important?
Two of the best streaming companies are now "part of one" bundle. This is incredible. All those folks who watch Netflix but don't watch Apple will now see Apple TV+. Of the three big legacy television networks, NBC is as good as they get; some would argue NBC is the best of the three; others would argue CBS.
Be that as it may, NBC got two of the best streaming companies.
For Apple, this is all about "eyeballs" on Apple. Let's say nationwide, NBC/CBS/ABC each share one-third of the legacy pie. Overnight Apple is available to one-third of Americans streaming content.
Then, think about this, re-posting:
AppleCHAT? Let's watch for the stories this next week.
This has been posted previously but it's back in my twitter feed.
Some think Apple, Inc, -- AAPL -- is a value company, a value stock.
For Apple, its services segment is a growth story.
Locator: 47158B.
Weekly EIA petroleum report:
Oil demand forecast:
Locator: 47157B.
Charts of the day. From Bloomberg.
Locator: 47156B.
All three major indices will likely close at all-time highs. Despite all the headwinds.
Note:
GPDNow, link here.
Economic indices:
Analysts:
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The Halftime Report
AAPL: at 11:30 a.m. CDT -- AAPL hit $190.26. The panelists who dissed AAPL / who sold AAPL are now trying to spin their "wrong" decisions. Pretty funny. Hilariously funny.
Anyone paying attention?
Joe buys AMGN:
Mentions EW in same breath as AMGN:
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Second Hour With Sara Eisen
US markets:
SRE: not often seen in utilities -- and completely unexpected only months ago --
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First Hour With Jim Cramer
All-time highs at the opening. -- CNBC
Dividend watch:
3M:
***********************
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.
AAPL: up again today in pre-market trading. Albeit, not by much, but broke through $188.CPI: first slowdown of the year. Futures surge:
Personal investing:
Market: US equity markets -- 70% of the market is run by:
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The Cramer Morning Hour
Cramer is in "fine form" this morning.
Nvidia's CEO just got a 60% pay raise.
Watch the 52-week highs today, TWSJ. At open: 150 new highs. Including:
Israel: Sara Eisen one-on-one wiht Netanyahu in Israel. What a scoop. CNBC sent their best to interview Netanyahu. I'm impressed.
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Statesman
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New Shirts
Locator: 47156B.
CPI: first slowdown of the year.
Personal investing:
Market: US equity markets -- 70% of the market is run by:
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Back to the Bakken
WTI: $77.99.
Thursday, May 16, 2024: 21 for the month; 85 for the quarter, 284 for the year
39877, conf, Liberty Resources, Overdorf W 158-06-1-12-1MBH,
RBN Energy: as data centers proliferate, utilities turn to gas-fired power to meet demand. Archived.
The growing number of energy-intensive data centers coming online across the U.S. is spurring utilities to ramp up their plans for adding new sources of power generation — including a slew of gas-fired plants — and also complicating their efforts to rely more on renewable resources and decarbonize the power grid. The push to quickly develop new energy infrastructure is also running into well-documented issues with permitting such projects. In today’s RBN blog, we discuss the proliferation of massive data centers — many of them catering to the surge in interest in artificial intelligence (AI) — and what that means for utilities and power-related demand for natural gas.
U.S. electricity consumption totaled 4.07 trillion kilowatt-hours (kWh) in 2022, the highest on record and 14 times greater than in 1950, according to the Energy Information Administration (EIA). As shown in Figure 1 below, electricity use increased in all but 11 years between 1950 and 2022, although the recent trends tell a more complex story — eight of those year-over-year decreases have occurred since 2007 thanks to efforts to improve energy efficiency and reduce power usage. But things are changing, and quickly.
Figure 1. U.S. Electricity Retail Sales to End-Use Sectors, 1950-2022. Source: EIA
The EIA expects the U.S. to set new power-demand records in 2024 and 2025, and fast-rising demand from AI-focused data centers, electric vehicles (EVs) and the “electrification of everything” strongly suggest that we’re in for an extended period of power-generation development. The EIA sees U.S. energy consumption steadily increasing through 2050, with electricity playing an increasingly large role.
