Locator: 48677B.
Stories to watch today:
- Eli Lilly
- UBS
- smashes 3Q24 expectations with $1.4 billion in profit
- EPS: 43 cents/share
- revenue of $19.31 billion
- revenue net of interest expense was $12.33 billion topping forecasts
- Volkswagen
- 60% fall in profits; sales in China slump: The Guardian.
- profit falls 42%: CNBC.
- company faces battle in talk of closing three plants in Germany;
- Apple's Mac Mini
- EV air taxis
- as always, the Mag-7
- Ken Fisher and the Mag-7
- Corning and ATT: $1 billion fiber deal
- ticker GLW: up 5% yesterday; one-year: 84%
- aggressive growth plan
- two largest fiber factories in the world are in North Carolina; also lowest cost; and both are owned by Corning; tariffs can only help them; tariffs won't hurt them
- physics: fiber beats satellite
- Corning fiber competitors
- rule of 40
- AppEconomy
- MSFT earnings
- ONEOK
- Ford CEO and his favorite car
- SBUX; HQ in Seattle, the boss lives in San Diego; has ordered his folks to be "in the office" three days a week;
- SNAP: up $10 / share in pre-market trading
- REDDIT soaring in pre-market trading; up over 20%
- PR PA PP
- this week's econ numbers
- GDP with a 3-handle; and some (not all) analysts see growth stronger than the number
- ADP report and wage data
- 10-year Treasury: 4.220%
Jargon:
- superclusters: Medium.
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Back to the Bakken
WTI: $67.81.
Thursday, October 31, 2024: 60 for the month; 60 for the quarter, 574 for the year
- None.
- 40217, conf, Enerplus, Olson 146-97-3-10-7H,
- 40209, conf, Grayson Mill, Hovland 26-35 6H,
One well of interest:
- 40209, conf, Grayson Mill, Hovland 26-35 6H, South Tobacco Garden:
| Date | Oil Runs | MCF Sold |
|---|---|---|
| 8-2024 | 24724 | 41893 |
| 7-2024 | 32984 | 54086 |
| 6-2024 | 15267 | 19398 |
RBN Energy: access to uninterrupted power just one factor in siting data centers.
The prospect of a massive buildout of data centers across the U.S. has utilities preparing for a surge in power demand. And while access to an uninterrupted power supply is a critical factor for companies deciding where to build a data center, it’s not the only variable — power prices and proximity to customers also play a major role. In today’s RBN blog, we’ll look at where data centers are deployed across the U.S., the major factors that determine where a facility gets built, and how the sudden expansion is playing out in the major U.S. technology hubs.
As we wrote in Storm Front, a data center is a facility housing many networked computers that work together to process, store and share data. Most major tech companies — such as Amazon, Google and Meta — rely heavily upon data centers as a central component in delivering online services. Most relevant to our discussion today, data centers are energy-intensive, consuming anywhere from 10 to 50 times the energy per floor space of a typical commercial office building, with electrical demand at larger facilities ranging from 100 to 300 megawatts (MW), or enough to power tens of thousands of homes.
