Locator: 49583TECH.
Jargon: zero-legacy day. Could Apple tap into this?
Mag 7:
- both AMD and NVDA recovered a bit;
- MU had a great day
Chart of the day: MU --
Most surprising ticker: GM. Maybe it should have been the chart of the day.
From Reuter's today:
- Nvidia takes $2 billion stake in Synopsys as AI deal spree accelerates.
- Amazon and Google launch multi-cloud service for faster connectivity
- US Cyber Monday spending to hit $14.2 billion (IIRC: Black Friday: $12 billion)
Beth:
Black Friday - Cyber Monday: link here.
- total: $23.6 billion for the full four days (online)
- up 9% from last year;
- Friday: a record $11.8 billion (online)
- Monday: $14.2 billion (online plus in-store?)
- in-store shopping was weaker: dropping 5.3% for the weekend versus last year
- the media is making a lot out of the fact that it was the wealthy that "carried" the weekend"
- in fact, that would be a given, wouldn't it? We've talked about this before.
- the media seems fascinated / focused /obsessed on a truism of no significance
- having said that, it's pretty remarkable that the media knows the income brackets of those spending money this past weekend.
X-files:
- Nippon Steel to short two or three states for new US plant!
- yet another Trump win!
- climate-change activists concerned they're no long attracting attention (i.e., money)
- dividend stocks have a good year;
- some of the best; Barron's; story short on names; clickbait to some extent;
- price targets were raised significantly over the weekend on most Mag 7 companies
- Vanderbilt men's basketball: highest ranking since 2015 - 2016; 17th (AP); 16th (USA Today)
- AAPL hit an all-time high; up 1%; up $2.68; trading at $281.54;
- when I get a chance, will post an incredibly interesting data point that came out over the weekend regarding Apple/AAPL;
- Elon Musk's picks: NVID, GOOG
Global warming:
