Locator: 49330CRAMER.
CNBC's response rate greatly delayed at the open.
Holy mackerel: both AMD, MU, and SCCO all surge at the open. Wow.
Day 8 of government shutdown. Futures look solid.
Cramer on Lucent (again). If what he is saying is accurate -- where was the SEC?
Today's tech story: this morning, Cisco announced a new chip to connect AI data centers over vast distances, putting it in direct competition with Broadcom, which also announced AI networking developments . Both companies are positioning their latest technologies to capitalize on the explosive demand for AI infrastructure.
CSCO at the open: up maybe half a percent.
Dell: updates growth from 8% to 15%. Jumps $5.44 at the open -- a new 52-week high.
SCCO: holy mackerel.
Futures, in the news:
- ASTS and Vrizon. ASTS up 14%.
- INTC: HSBC downgrades Intel to reduce.
- BMW: down 6% in pre-market trading.
- Gold at 4,062, another 1% gain.
Chyron:
- AMD: up another $1.39 after gaining another $7.80 yesterday.
- MU: I will be adding to my position today (actually for three grandchildren. I no longer invest for myself.) Down $5.27 yesterday; up almost $2.00 in pre-market. See disclaimer.
- AAPL: down slightly, second day in a row.
- SRE: this $75-stock closed above $94 yesterday.
- UNP: dropped $5.55 yesterday. Not doing much today.
- CSX: not doing much either.
- CVX: down $1.44 at the open. Wow, energy simply continues to struggle.
- BRK-B: in a very, very narrow trading range. At the open, with almost everything else up, BRK-B is down again, down $1.47.
TSLA: "big announcement" yesterday didn't affect stock price much. In fact TSLA dropped $20 yesterday; up $3.30 in pre-market trading today.
Trump / Ronald Reagan air traffic controller playbook. Folks may want to ask ChatGPT how "we" survived Ronald Reagan, with regard to this issue.
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Disclaimer
Brief
Reminder
Briefly:
- I am inappropriately exuberant about the Bakken and I am often well out front of my headlights. I am often appropriately accused of hyperbole when it comes to the Bakken.
- 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 Bakken, 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. Nvidia is a metonym for AI and/or the sixth industrial revolution.
- I've now added Broadcom to the disclaimer. I am also inappropriately exuberant about all things Broadcom.
- Longer version here.
