Wednesday, June 24, 2026

AI-Generated "One Last Cry" Attributed To Lana Del Rey -- June 24, 2026

Locator: 51050MUSIC.

There may be errors / inaccuracies regarding the subject below.  

Gemini said that the lyrics of the AI-generated Lana Del Rey "My Last Cry" was from a Brian McKnight song by the same title. I said that was not true. This was Gemini's reply:

You are correct that the AI-generated "One Last Cry" with a cloned Lana Del Rey voice is not a cover of the Brian McKnight ballad, but rather a new, melancholy piece in her style, similar to her official songs.

Yes, AI chatbots do make mistakes and some are really doozies.  

This is absolutely brilliant -- AI generated -- link here

It would have been perfect had the lyrics included a reference to Lana Del Rey's "red dress." LOL.

I accidentally sent my comment about the error a second time and got this reply:

You are completely right. Gemini is mixing up a Lana Del Rey fan-made or AI-generated track with Brian McKnight's 1993 R&B classic, "One Last Cry."

But wow, it's a great song. This has to scare the heck out of singers and songwriters. 

Micron -- Earnings -- Chart(s) Of The Day -- June 24, 2026

Locator: 51049MICRON.

Micron: the CNBC folks did not appear all that excited about MU today. This is such an incredible story on so many levels, especially if one listens to the conference call.  This is where CNBC could be a great help by going into greater detail what this means. 

I suspect we will see a large number of tech stocks surging tomorrow.  

For example: GLW, after hours, was up 6% during normal trading hours, and up another $5 after the close. 

New price target from one major analyst: $1,750.00 

First the charts:

After hours, rose another $170 / share:  


 Most folks will put this in their "TLDR" folder and then forget it; huge mistake:

Profit margin, 80%+


To put this in perspective:

  • Apple's margins: 40%+
  • grocery stores: 1 - 3%

Larger so older folks can read this


 This is expected to go on for several years.

 "You can howl at the wind, but AI is here to stay."


 

So, remember the first industrial revolution? What were the twin icons of that industrial revolution?

The steam engine and the railroad were the twin engines of the first industrial revolution, fundamentally transforming transportation and manufacturing. 

So, what are the twin icons of the current industrial revolution?

Drones and robots. 

Along with chatbots and L2+ automobiles. 

Three New Permits; Two DUCs Reported As Completed -- Wednesday, June 24, 2026

Locator: 51048B.

Micron: of course, everyone is following this -- Micron's quarterly earnings. Huge beat. MU is surging after hours. 

Guidance is quite incredible. Across the board, Micron's actual numbers broke the "bull case" estimates. Right now, MU is up 10% after hours. And analysts on CNBC take it in stride, as if everyone knew this; despite the fact that MU was down for the day, only taking off after the market closed. 
Market cap: $1.1 trillion. Price target is now up to $1,750 / share. Right now, trading at $1,145 / share, after hours. Later, well after the close, Micron is up almost 12% from the close, trading up another $122 / share, trading at $1,170. 
Guidance: boom-and-bust cycle for three to five years has ended. It is impossible to put any of this in perspective. Everything with MU right now is parabolic (hyperparabolic?). Saudis et al have completely missed huge opportunities by not seriously dealing with Iran. 


 

QCOM: surging after hours as it raises FY29 targets. This speaks volumes about the entire AI / tech sector right now. The last one, of all of these to watch, is ORCL. 

GLW: as if we needed more good news, GLW surges after hours.  Prior to close, SCCO slumped significantly. Have we finally moved from copper to fiber? 

CAT: after a tough day yesterday, CAT did well today and looks like it will do well tomorrow. 

The big question: why are these companies letting their shares trade over $1,000 and not splitting shares. Yes, I know. Slices.  

Global warming: look at France. And Europe generally doesn't invest in much a/c.

During the historic June heat wave, temperatures in France peaked at a blistering 44.3°C (111.7°F) in the southwestern town of Pissos. 
Widespread regional daytime highs frequently soared between 39°C and 43°C (102°F to 109°F) across much of western France. 
The blistering heat also shattered national averages, with the country hitting its hottest nationwide day on record
According to provisional data from Météo-France, the national thermal indicator—an average of day and nighttime temperatures across 30 stations—reached 29.8°C (85.6°F). 

********************************
Back to the Bakken

WTI: $70.34.

Active rigs: 28.

Three new permits, #43062 - #43064, inclusive:

  • Operator: EOG Resources;
  • Field: Clear Water (Mountrail County)
  • Comments:
    • EOG has permits for three Clearwater wells, NENE 31-157-90;
      • to be sited 275 FNL and 411 /561 FEL.

Two producing wells (DUCs) reported as completed:

  • 41578, 1,488, HBU Marmon Federal 24X-13H, Williams County;
  • 41579, 2,000, HBU Marmon Federal 24X-13C, Williams County;

Tech Today -- June 24, 2026

Locator: 51047TECH.

"You can howl at the wind, but AI is here to stay." 

MU earnings later today.

AVGO: Jalapeño. Reported earlier today. Partnership with OpenAI. Jalapeño is a custom AI Intelligence Processor explicitly designed for Large Language Model (LLM) inference, NOT TRAINING

Engineered to be highly power-efficient and cost-effective, early tests show the new chip can reduce inference costs by roughly 50% compared to traditional GPUs

QCOM: acquires Modular, link here. QCOM's "answer" to Nvidia's CUDA.


Jalapeño -- Huge Story -- Major Coverage On CNBC -- June 24, 2024

Locator: 51046CHIPS.

Jalapeño, link here. Broadcom Custom Silicon