Locator: 48834ARCHIVES.
Some of the stories that caught my attention today:
- DOGE allowed to access "sensitive information" -- Federal judge. Link here. OMG; we're all going to die -- NYTimes.
- OKLO surges today. This is the reason why, link here. But links everywhere.
Among so many big stories today -- and the week is just getting started -- does Trump ever sleep; does he ever quit moving -- the OKLO story is the big story today. Another public-private venture. Can the EU even begin to close the gap? Meanwhile, Putin destroying his country -- actually he needs Ukraine if he wants Russia to survive.
- Boeing: I thought the company had turned the corner. Link here. Deliveries tumble 20% in June. Trail Airbus.
- Micron and BigBear diverge. Link here. "Blue skies, all I see are blue skies."
- Chart of the day. OPEC has a problem. Link here.
- Perplexity -- Chrome. Link here.
- Apple pricing. Link here. Holding out for a hero.
- Holy mackerel: Apple's latest MacBook Pro with M4 is down to its lower price to date, but everything else is also on sale. Just in time for back-to-school. Link here.
- Groq -- the AI chipmaker -- not the chatbot -- slashes revenue projections. Link here.
- Natural gas: no longer "the bridge," but now the fuel of choice. The US wins. Link here.
- US electricity demand will grow by 31% over the next 15 years.
- The buzz; September rate cuts are coming after July inflation data. Shay Boloor.
- But the Fed's Jeff Schmid just said, "nope." Not doing it. Not lowering rates. Need to wait for more data. Can't be seen to be giving into Trump.
- Kansas City; one of twelve votes.
- Google lets you personalize your searches. Link here.
- Ford is leaning into "cheap," not good. What Wall Street has to say. Link here. Me? I will listen to ChatGPT on this one.
- Holy mackerel: the US exported 30% of the energy it produced in 2024. Link here.
- Spirit Airlines on the verge of going under.
Apple:
Market: S&P 500 jumps to record high. Cramer: inflation report gives the Fed a green light to cut rates Cramer now sees three rate cuts before the end of the year. JPow himself has said that once he starts cutting, he does multiple cuts, not just "one cut and then wait and see." I wonder what JPow is following the most: how the Fed historically reacts to data; or how he needs to react to Trump? I think Trump resides rent-free in JPow's mind just as Trump resides rent-free in the minds of almost every American and western European mover and shaker.
You know what got almost no headlines yesterday, and no headlines today? A federal judge says "the Epstein list" -- which now contains more names -- cannot be released. The judge, Trump, Bill and Hillary all know, but we can only guess. The reason the list is not being released: neither the press nor the pubic would be able to handle the truth.
You know what got almost no headlines yesterday, and no headlines today? A federal judge says "the Epstein list" -- which now contains more names -- cannot be released. The judge, Trump, Bill and Hillary all know, but we can only guess. The reason the list is not being released: neither the press nor the pubic would be able to handle the truth.
