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EPD: scheduled to report tomorrow, October 28, 2020:
- EPS: forecast -- 48 cents
- revenue: foreast: $7.13 billion
MSFT: earnings easily top expectations but forecast for Xbox's debut quarter dings stock;
- earnings beat across all three segments
- guidance comes in short of expectations for revenue as new video game consoles arrive
- EPS: $1.82/share; $13.9 billion; up from $1.38 a year ago;
- revenue reached $37.2 billion, up from $33.06 billion a year ago
- forecast: $154 and $35.76 billion
- adjusted EPS: 41 cents vs forecast of 35 cents;
- revenue exceeded analyst expectations;
- record 3Q20 revenue driven by strong demand for PC, gaming, and data center products; the latter drove the Xilinx acquisition;
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Global Warming Hits Minnesota
Overnight, October 26 - 27, 2020, from a reader:
These are temperatures one expects to see in December in North Dakota, not in October -- before Halloween -- in southern Minnesota.
This past August: it was forecast that the grand solar minimum for 2020 would lead to terrestrial cooling. Link here.
Newly discovered solar activity proxy-magnetic field [reveals] that the Sun has entered into the modern Grand Solar Minimum (2020–2053) that will lead to a significant reduction of solar magnetic field and activity like during Maunder minimum leading to noticeable reduction of terrestrial temperature.
Sun is the main source of energy for all planets of the solar system. This energy is delivered to Earth in a form of solar radiation in different wavelengths, called total solar irradiance. Variations of solar irradiance lead to heating of upper planetary atmosphere and complex processes of solar energy transport toward a planetary surface.
The signs of solar activity are seen in cyclic 11-year variations of a number of sunspots on the solar surface using averaged monthly sunspot numbers as a proxy of solar activity for the past 150 years. Solar cycles were described by the action of solar dynamo mechanism in the solar interior generating magnetic ropes at the bottom of solar convective zone.
These magnetic ropes travel through the solar interior appearing on the solar surface, or photosphere, as sunspots indicating the footpoints where these magnetic ropes are embedded into the photosphere.
Magnetic field of sunspots forms toroidal field while solar background magnetic field forms poloidal field. Solar dynamo cyclically converts poloidal field into toroidal one reaching its maximum at a solar cycle maximum and then the toroidal field back to the poloidal one toward a solar minimum. It is evident that for the same leading polarity of the magnetic field in sunspots in the same hemisphere the solar cycle length should be extended to 22 years.
