Electricity is the new oil. Natural gas and nuclear are going to be the f future energy supply sources. Not a lot of people think about when you hit that button on chat.What happens is two things data and electricity. You need two things basically for chat GP and and all AI to function. Data and electricity.So the electricity demand in the US has actually been flat for the last two decades. That's about to change. It's already changing, but it's going to start accelerating and accelerating significantly ove ...

I took a cab ride one evening with a professor who said to me, "I have a childhood friend uh who runs a small handbag company and he's looking for a protetéé. Do you have any interest?" And uh four interviews later, I accepted his offer. >> That was what n was 1979. >> 1979.>> Wow. What was Coach in those early days. >> Coach was a uh maker of natural leather cowhide bags.Durable quality leather developed a patino over time. And even though the business was small, only $6 million, it had a very loyal and de ...

AI Investment and Market Dynamics - Big Tech companies like Microsoft, Amazon, Google, and Meta are making prudent AI investments to match customer demand, supported by long-term contracts [1] - Some entities are creating special purpose vehicles for AI investments, funded by tens of billions of debt, which could be a sign of a potential bubble [1][2] - Nvidia's practice of investing in companies like OpenAI, which then commit to Nvidia's chips, is considered an unhealthy behavior, especially when funded by high-leverage debt [1] - OpenAI, while not currently selling ads, is expected to eventually enter the advertising market and take market share from Meta, Google, and ByteDance (TikTok) [5][6] Ad Market Performance - Meta's ad revenue grew 22% last quarter, while Google's grew 12%, but the gap is expected to narrow [4] Apple's Performance and Geopolitical Risks - The strength of the current iPhone upgrade cycle is uncertain, and Apple's stock is currently expensive relative to its growth potential [7][8] - US-China trade tensions pose a risk to Apple, adding volatility, but this risk is largely priced in [10] - There is a slow decoupling from China, with Apple pulling production out of China and Nvidia moving production out of Asia [10][11]

Financial Performance - Tesla's Q3 adjusted EPS was $0.50, versus consensus at $0.54 [1] - Tesla's Q3 revenue was $28.10 billion, beating the street's expectation of $26.36 billion [1] - Q3 gross margins were better than expected [1] - Q3 free cash flow was $3.99 billion, beating the estimate of $1.25 billion [2] EV Market and Demand - The expiration of EV tax credits in the US may lead to a decline in Q4 deliveries and overall deliveries in 2026 [49] - Tesla's EV sales potential is estimated to be around 1.9 million units per year [6] - Analysts estimate Tesla is looking at more like 1.6 million cars next year [7] - Tesla released two models under $40,000, but they may still be more expensive than comparable midsize SUVs [51][52] Autonomous Driving and Robotics - The autonomous valuation is believed to be worth $1 trillion alone to the Tesla story over the next few years [55] - Tesla aims to transition from selling cars to software and robotics in the future [56] - The success of Tesla's robo taxi business depends on the software's functionality, safety, and regulatory approvals [60] - Analysts predict that in 2-3 years, it will become commonplace to have robots in houses [35] Executive Compensation and Governance - Shareholders are expected to approve Elon Musk's potential $1 trillion pay package [62][63] - The pay package incentivizes Elon Musk to grow Tesla's market cap to a maximum of $8.5 trillion and successfully roll out robo taxis and Optimus robots [63]

Warren Buffett once said, "The three most important words in investing are margin of safety." And with the Magnificent 7, there is no margin of safety. They're trading at 30 times earnings despite earnings growth falling in half year from 32% down to 14%. So, so far the themes with Netflix and Tesla have been what have been margin compression.And they're not even the biggest spenders in AI. We're going to see the biggest vendors in AI next. ...

I can't guarantee you that your flight's going to be on time. I can't guarantee you that your flight's not going to be cancelceled. It's going to depend on our air traffic controllers coming in to work every single day.>> There is not an existing pot of money that could cover the air traffic controllers salaries right now. And so that is why we have to get the government reopen. >> A week ago, air traffic controllers got 90% of their pay.Next Tuesday is the first paycheck that they will not receive for the ...

Intel's Performance and Challenges - Initial stock pop was surprising, but the market is correcting as deeper analysis reveals underlying issues [1] - Supply constraints are due to higher demand for older generation 10nm and 7nm parts, not newer ones [2][3] - Yields on the new 18A process are adequate for the ramp but not yet at the desired level, with improvements expected by the end of next year [4] - Strong demand is likely temporary, driven by Windows end-of-life cycle [5][9] - Client Computing Group revenue increased by 5%, while Data Center revenue fell by 1% and foundry revenue was down 2% year-over-year [7] Market Opportunities and Concerns - PC market is currently strong, with in-market shipments up almost 10% sequentially, but concerns exist about sustainability due to the end-of-life cycle [8][9] - Server market could offer growth, but Intel is losing market share to competitors [11] - Intel lacks a clear roadmap for AI accelerators to compete with Nvidia and others [12] Financial Position and Investments - Recent investments, including those from Nvidia and SoftBank, provide Intel with financial breathing room, potentially totaling close to $20 billion [16][18] - The funds are crucial for building out 18A and 14A processes and expanding the foundry business [17] - Intel needs to prove its capabilities and secure customer commitments before deploying new capacity [19][20] AMD's Position - AMD is benefiting from Intel's supply constraints, capturing demand that Intel cannot meet [22] - AMD's AI prospects are promising, with the potential to capture a significant share of the large AI market [23][24] - Near-term AI numbers for AMD have been lackluster, but the focus is on the long-term potential of the open AI deal [26][27]

September's inflation report came in cooler than expected, but the details show a mixed picture. Let's break it down. Gas prices were a big story again, up just over 4% last month, but on a year-over-year basis, prices actually came down.So, that suggests we may see some more easing. Food prices did keep climbing, but they've also started to moderate from earlier this year. Another good sign.And housing inflation cooled with owner's equivalent rent, which is basically the hypothetical rent a homeowner would ...

Analyst Ratings & Price Target Changes - Intel saw multiple firms raise price targets after Q3 earnings beat, with Benchmark setting a high target of $50 per share [2] - Deckers Outdoor experienced price target cuts from Raymond James and Telsey Advisory Group due to weak 2026 sales forecast [3] - Citizens upgraded eBay to outperform, citing improved consumer experience in key categories [4] - Steeple raised eBay's price target to $89, just below the average 12-month target of roughly $92 [5] - Bank of America upgraded Zion's Bank Corp to neutral, raising its price target to $62 per share, seeing room for a rebound [8][9] - UBS cut Madna's price target to $40 from $70 after a failed vaccine trial, but maintains a buy rating [9] - Wedbush trimmed Netflix's price target to $1400 from $1500, but maintained outperform rating, implying roughly 13% upside [12] - Morgan Stanley upgraded 3M to equal weight, raising its price target to $160 from $130 [13][14] - Wedbush raised Snowflake's price target to $270 from $250, anticipating growth from AI use cases [21] - Goldman Sachs upgraded Darden Restaurants to buy, citing improved value proposition and less exposure to lower-income consumers [22] Company Specific Insights - Morgan Stanley maintains outperform rating on Tesla with a $410 price target, highlighting robo taxi potential and calling Tesla a "forgotten AI stock" [7] - Bank of America expects Meta's Q3 sales of $50 billion and earnings of $730% a share, driven by AI-powered ad engine [16] - UBS is staying neutral on Starbucks, trimming its price target to $94 a share, expecting flat US theme store sales and operating margins around 10% [17][18] - City added Reddit to its positive 90-day catalyst watch, raising its price target to $250 from $220, expecting third quarter earnings to come in significantly above expectations [19] - BNB Paraba upgraded Lululemon to neutral, noting the stock is down more than 50% year to date and negative catalysts are less clear [20]

Labor Market Challenges - Ford currently has 6,000 open positions for auto mechanics, indicating a shortage of skilled labor in the automotive industry [1] - The US faces a challenge in filling critical jobs, potentially impacting various sectors [1][2] - Many jobs in the US remain unfilled, posing a significant problem for service industries, farming, and factories in the future [2] Immigration and Economic Growth - The US historically relied on immigrant populations to fuel jobs and drive prosperity [2] - The country's future economic success depends on attracting immigrants to fill jobs that Americans may not want [2]