Sara Eisen On A Harvard Board Member; Sara Eisen On EVs -- January 26, 2024

Locator: 46652HARVARD.

Harvard's new motto: It Depends.

I never thought Ms Eisen was "political" but this changes my opinion. And I already thought she was the best interviewer on CNBC. For me, this tweet has raised the bar among the  "credible" anchors / talking heads / interviewers on CNBC. 

Carl Qintanilla, CNBC, also tweets infrequently but is always spot on.

I saw this interview live on CNBC. The comments by the guests were awful. The founders of this new company came off as shysters. The elder mentor was tone deaf and was obviously a close friend and supporter of Ms Gay, the self-admitted plagiarizer.

Sara Eisen:

My takeaway: it's hard to believe this doofus once headed AMEX.

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Sara Eisen On EVs

She recently sold her EV (probably a Tesla but unstated) -- live interview, 10:25 a.m., Friday, January 26, 2024.

I missed how long she had the EV but it seems she said three years, I could be wrong.

The only reason to have a garage in NYC is to charge an EV -- paraphrasing what she said.

It costs $700 / month for a garage in NYC. It's free to park on the street. 

The Eisens sold their EV: she did not give all the reasons for selling the EV, but one reason for selling the EV: saving $700 / month.  She made that sound like the main reason for selling the EV, but I doubt that was the whole story or the sole reason.

Wow.

So, Where Are The "Samurai Six" Today? Have We Already Moved To The "AI Five"? January 26, 2024

Locator: 46651INV.

The "Samurai Six" are the "Magnificent Seven Minus Tesla." Jim Cramer popularized both phrases and the components of each group. 

Jim Cramer says that if he had to add another to the SS to get back to the MS, he might add Broadcom (AVGO).

From another analyst, the "AI Five":

Personal investing: 

• added to my SNAP position, one of the twenty tickers in my "investment buckets." It's the only ticker in my "short term / watch / speculative / mover" bucket. It will be held no longer than eight months at which time it is re-evaluated. [Later: just after making this "buy," Josh (my favorite analyst on CNBC) said he also bought more "today."]
  

Apple -- AAPL -- Friday, January 26, 2024

Locator: 46650APPLE.

Sooooo, Apple is spending billions to "improve Siri"? LOL.

I don't think this article says much but I may be missing something. For the archives.

From Computerworld: 

From the linked article, Apple joins the AI arms race;

The company saw insanely great success, deep failure, came close to collapse and then rose all over again. The human-centered principles inherent to the Mac user interface were later carried over to Apple’s mobile products such as its notebook, iPod, iPhone, iPad, and most recently, Vision Pro. The OS continued to improve, too, and that on-screen “Hello” became Siri — which is itself poised to rise again.

Siri seems to have fallen behind rivals, something Apple doesn’t want to see. So, the company is making significant investment in artificial intelligence (AI) to put Siri on steroids. Citing Pitchbook data, a Financial Times report claims Apple has acquired 21 AI start-ups since the beginning of 2017 and seemingly confirms that one of the main aims of the research is to put AI on mobile devices, most likely with iOS 18 later this year.

Wedbush Securities analyst Daniel Ives expects more news, predicting Apple will make a sizeable acquisition in the space this year. “There’s an AI arms race going on, and Apple is not going to be on the outside looking in,” he told FT.

Evidence Apple is accelerating its efforts continues to percolate. Morgan Stanley analyst Erik Woodring described Apple’s “Edge AI” opportunity in an extensive note to clients. “We believe Apple's efforts to bring these features to market are accelerating, increasingly the likelihood of an "AI iPhone" launch as soon as Fall 2024,” he wrote.

“For example, the mix of Apple job postings for Deep Learning and Natural Language Processing roles continue to increase, with Deep Learning appearing in 49% of Apple's AI jobs postings, and NLP appearing in 23% of postings.”

So, what's it aall about?

The scalp Apple seems to want is to create an on-device generative AI solution. Existing systems, even on mobile devices, rely on cloud-based AI, which drives up the cost per query. Apple seemingly hopes to exploit the Neural Engine on its powerful existing chips alongside its own innovations (including MLX and "Ferret") to enable on-device intelligence at least partially.

This, of course, extends to Siri and suggests that in the not-so-distant future, when you turn on your Mac, you’ll be greeted by a spoken “hello” from a computer that through a combination of GenAI LLM models and machine vision intelligence has something like automated consciousness. (Ferret is interesting because it translates what it sees into words, which can then be used to drive LLM models — perhaps one day a little like Georgie La Forge’s glasses.)

Intel -- INTC -- Friday, January 26, 2024

Locator: 46649INTC.

We're going to start slow this morning. So much news starting at 4:30 a.m. this morning -- it's just overwhelming. So instead of trying to catch up, I'm just going to go slow and get moving later.

But to start, the two big stories in business / investing this past three months: Hertz and Intel.

OMG. [Note: this is not a ticker symbol.]

And both stories were 1000% predictable. 

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.

Reminder: I am inappropriately exuberant about the US economy and the US market.

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Intel -- INTC

I do not know if the following is real, fake, parody, AI-generated, deep-fake, or Jensen Huang's commentary, but it is what it is over at twitter. It is from a very, very credible source, "Earnings Whispers."

From Barron's:

We'll get the CNBC blurb later today but based on the live commentary, it's going to be awful.

I've blogged about Intel for at least a year, but this might be as good as any from the past: 2 nm chips by 2026.  AAPL and TSM. Intel gave up at 10 nm.

Going forward, Intel's self-acknowledged "bar to beat": AMD. 

So, a year or two from now, we can compare INTC with AMD.

And, oh by the way, I forgot that INTC cut its dividend by half (?) a year ago.

Jim Cramer on iNTC recently.

The Oasis Bergem Wells Are Spectacular -- January 26, 2024

Locator: 46648B.

We're going to start slow this morning. So much news starting at 4:30 a.m. this morning -- it's just overwhelming. So instead of trying to catch up, I'm just going to go slow and get moving later.

But to start, the two big stories in business / investing this past three months: Hertz and Intel.

OMG. [Note: this is not a ticker symbol.]

And both stories were 1000% predictable. 

AMEX: earnings huge. Visa had a great quarter, also. Again, all predictable.

RACE: up at the open. Up $3.90 / share. Whoo-hoo!

Nuclear: this is almost laughable -- putting doors on an airplane -- we're looking at you Boeing -- is kid's play compared to building small nuclear reactors (all the rage now, and going nowhere) -- and investors wonder why folks don't want small nuclear reactors in their backyards. LOL. 

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.

Reminder: I am inappropriately exuberant about the US economy and the US market.

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

WTI: $76.78.

Sunday, January 28, 2024: 51 for the month; 51 for the quarter, 51 for the year
39725, conf, WPX, Bull Moose 28-27HT,
39152, conf, Hess, RS-F Armour-156-92-1224H-2,
39050, conf, Oasis, Bergem 5199 43-33 3T,
39049, conf, Oasis, Bergem 5199 43-33 2B,

The Oasis Bergem wells are tracked here. The two new ones, spectacular:

• 39050:

Date	Oil Runs	MCF Sold
11-2023	31872	40972
10-2023	32651	41847
9-2023	34506	44641
8-2023	30179	36817

• 39049:

Date	Oil Runs	MCF Sold
11-2023	40118	52333
10-2023	36736	47263
9-2023	34656	44336
8-2023	34842	47437

Saturday, January 27, 2024: 47 for the month; 47 for the quarter, 47 for the year
40041, conf,  CLR, Quale Federal 4-1H,
35367, conf, Enerplus, Possum 152-94-23CH-TF2,

Friday, January 26, 2024: 45 for the month; 45 for the quarter, 45 for the year
35368, conf, Enerplus, Bandicoot 152-94-23CH-TF1,

RBN Energy: Sunoco LP's $7.3 billion deal to acquire NuStar Energy.

A lot of energy-industry M&A activity lately has been focused on the acquiring company gaining scale in a shale play or region where it’s already very active, usually the Permian. The latest multibillion-dollar deal in the energy space is different: Sunoco LP (stock ticker symbol SUN), which is primarily involved in fuel distribution east of the Mississippi and in Texas, is buying NuStar Energy (ticker NS), a midstream company with a mix of pipelines (crude oil, products and ammonia) and terminals, most of them within the U.S.’s midsection. As we discuss in today’s RBN blog, the combined company will have a massive footprint, with all kinds of opportunities for synergies and growth.