WBD Merges HBO Max & Discovery Into A New Streaming Service -- April 12, 2023

Locator: 44378B.

Streaming wars: link here.

New streaming service.

HBO Max to be renamed: "Max." Pricing here. WBD's flagship streaming service.

The 900-lb gorilla still in the room: what does Bob Iger plan to do with Hulu?

This Story Could Have Legs -- April 12, 2023

Locator: 44377B.

QCOM Raises Its Quarterly Dividend -- April 12, 2023

Locator: 44376B.

WTI: $83.50. And SecEnergy Jen “clueless” Granholm is talking about refilling the SPR later this year “if it’s in the best interest of the American taxpayer.” Link here.

Harry: to attend coronation alone. Pretty easy to figure out who won, who lost but 9 out of 10 Americans will get it wrong. Meanwhile:

• Harry and Meghan's son Archie will celebrate his birthday same day as the coronation!
• four-year birthday will be celebrated without his dad!
• dad will be gone for a week!
• Harry will easily feel like the spare tire at all formal events;
• expect an American television network extravaganza for the four-year-old's birthday
• with the time difference, the four-year-old's birthday party at 2:00 p.m. will coincide with ballroom dances at 8:00 p.m. in London.
• I can't even begin to imagine how much fun Meghan will be having hosting a birthday party for Archie without his dad there. 
• but he's a military man and sometimes service / duty comes before family -- even if one is the spare?
  

Locator: 44376B.

This absolutely does not matter one bit but it's always nice to see.

Earlier today, sticking to my investment plan, I added to my QCOM position, for no other reason than it was "part of the plan."

Now, moments ago, it's being reported that QCOM has announced that it is raising its quarterly dividend from 75 cents to 80 cents, payable I assume on / about 6/23/2023. A 6.7% pay raise.

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Investing

Based on historical data, "we" still have another year of accumulating US equities "on sale."

Historical data suggests the Dow won't be back to previous highs until the summer of 2024.

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 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. 

Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source.

Weekly EIA Petroleum Report -- Great Report; WTI Jumps Second Day In A Row; Gains 2% Today; Gasoline Demand Breaks 9.1 Million Bbls Per Day -- April 12. 2023

Locator: 44375B. 

EIA weekly petroleum report: link here:

• US crude oil in commercial storage increased by 0.6 million bbls
• recall that there was an SPR release last week of over one million bbls
• US crude oil in storage is 3% above the five-year average, at 470.5 million bbls
• at 6.2 million bops, imports were down almost one million bopd
• refiners are operating at 89.3% of their capacity
• distillate fuel inventories deceased by 0.6 million bbls last week
• distillate fuel in storage is 11% below the five-year average
• jet fuel supplied was up 1.5% 

Following the report, WTI jumped another $1.06 today after a jump yesterday and is now trading at $82.59.

Wow, talk about a great report, and a great response for WTI.

Gasoline demand, link here:

We're still in a "Goldilocks" economy.

China needs coal and lots of it as it converts from a crude-oil-sourced-ICE economy, to a coal-sourced EV economy.

Whoo-hoo! Let's Go Brandon -- Time To Head Out To The Pool -- April 12, 2023

Locator: 44374B. 

From CNBC, pre-market, Wednesday, April 12, 2023. Traders, movers and shakers obviously got an early copy of JPow's comments and/or the most recent inflation numbers.

There's only one company in which I'm interested today.

Because this is not an investment site, I can't add anything more on the advice of my editor and publisher. 

Not out of the woods yet, but ....