Investment Strategies for Retail Traders - Retail traders should focus on oversold stocks that are cheap relative to the market and avoid high-flying stocks, guessing games, and earnings plays [3] - Chasing trends based on the president's perceived good business sense may be a winning strategy if early, but is generally not advisable [1] - It is difficult for both retail and institutional traders to accurately predict market movements and profit from them [2] Government Investment Impact - Companies with US government stakes have shown dramatic stock gains, such as MP Materials with a 95% improvement and Intel with a 72% increase [4][5] - MP Materials rallied to $100 and then quickly sold off 50%, causing losses for many [6][7] - The government's investment in Intel was a good play because the stock was oversold and cheap, stuck in the $22 to $28 range for almost two years [7][8] AI Market Analysis - The AI sector is experiencing widespread adoption, but many AI stocks are considered ridiculously expensive relative to the marketplace [11][12] - One perspective leans towards Michael Burry's view of hyperscalers underestimating chip depreciation, rather than Lisa Su's expectation of 35% annual sales growth for AMD [9][10] - AI companies are building the foundation for the future, similar to internet companies in the early 2000s, but are now too big to fail [12][13]

AMD's Performance and Potential - AMD has consistently met the numbers provided by Lisa Su [1] - AMD aims for double-digit market share growth, targeting a 35% growth rate [8] - AMD is trading at a multiple of 50 times forward earnings [7] - The industry views AMD as having the best chance to be a legitimate second source in the market [7][8] AI Market Dynamics and Concerns - AI inference is driving real revenue for cloud players and neo-clouds [4] - The industry is seeing monetization of AI with increasing applications [4] - There are concerns about the timing around execution of AI products [2] - Hyperscalers are potentially understating depreciation of AI chips, artificially boosting earnings [4] - Older chips are still valuable for inference and are being sold to smaller NeoClouds with high utilization rates [6][7] Debt Financing and Financial Health - Debt financing is a concern if revenue and profit cannot be driven [3] - Increased inference is observed over the last 3-4 months [3] Nvidia's Position - Nvidia's transition to Blackwell wasn't as smooth as desired [2] - Nvidia is trading at a multiple of 33 times forward earnings [7] - Nvidia is releasing new products on a two-to-three-year cadence [6]

What's driving these gains. >> Well, there's a little bit of micro and a little bit of macro at the risk of sounding like a song. I mean, the macro is some of it's global and I do think the fact that actually we are nearing a resolution for the US shutdown has had a positive impact on markets across the globe.Plus, you've had things like the resolution on kind of Swiss tariffs this week, you know, in the last week, which has also added some tailwinds to the European markets. You've also got expectation of l ...

It has really been this AI optimism fueling the stock market's meteoric rise. Are you seeing signs of danger. >> Well, I think what Jim is saying like if you're getting too much debt issuance to finance to spending and the revenues are not meeting the expectations.I think that's where the collision could be in the markets. And so to his point like you're getting a narrow group of winners within the AI trade that maybe be meeting the expectations but several others cannot. And I think this is the tension is ...

Financial Performance & Shareholder Returns - Chevron aims to grow free cash flow at a 10% compound annual growth rate [3] - At a $70 oil price, Chevron could return 45% of its market cap to shareholders over the next 5 years through dividends and share repurchases [4] - Earnings per share growth is expected to be better than 10% annually if Brent stays above $70 through 2030 [4] - Break-even point to cover capital spending and dividends is below $50 [7] - Free cash flow is expected to triple from 2024 to 2026 at a $60 oil price [7] Production & Capital Expenditure - Production is growing at a 2% to 3% compound annual growth rate [9] - Capital expenditure is being reduced to a range of $18 billion to $21 billion per year through 2030 [8] - An additional $1 billion in cost cuts has been announced [9] - Synergies on the Hess transaction have been increased by 50% from $1 billion to $15 billion [9] Market Outlook & Strategy - The International Energy Agency's updated report shows demand for oil and gas growing to 2050 [13][14] - Chevron is in discussions to build data centers powered by natural gas, targeting large customers and off-grid power generation [19][20][21][22]

Industry Opportunity & Vision - The snow league aims to fill the gap between Olympic seasons for free skiing and snowboarding athletes, similar to traditional sports with established tours [4][5] - The league recognizes a large potential audience in winter sports, with 130 million participants, exceeding golf's participation and having a higher household income, but lacking consistent engagement outside of the Olympics [6] - The goal is to elevate the athletes' profiles and create compelling narratives to foster consistent viewership and engagement, addressing the need for a structured season and athlete recognition [8][9] Financials & Investment - The snow league has secured funding, closing a second round of investment with support from sports backers and private equity firms [13] - The league is supported by investors such as 359 Capital, Wise Ventures, Bitcraft, and Left Lane [14] - The league aims to provide compensation to all participating athletes, including a $50,000 prize for first place in tournaments, addressing the financial challenges faced by athletes in the sport [15][16] Media & Sponsorship - The snow league has partnered with NBC and Peacock for broadcasting, leveraging the network's experience with other leagues and the upcoming Olympics [13][17] - The league is attracting major sponsors like Tiffany's and Marriott, aiming to create a high-end experience and elevate the sport's image [20] - The league is exploring opportunities for global expansion, including potential indoor events in locations like Dubai, and collaborations with countries like New Zealand and Chile [25]

Bank of America Institute has released the consumer checkpoint for November. Debit and credit spending saw its strongest gain since early 2024 at 2.4%. Joining us right now to break it all down is Bank of America Institutees Liz Everett Chrisberg.And Liz, thanks for coming in this morning. >> Of course. >> Uh just to remind people this is coming from information on how many different accounts we often we we're missing government data right now, but in a lot of ways you've got a broader data set than what th ...

Business Overview - Flight app offers live flight tracking and alerts, sometimes faster than airline apps [2] - Flight Pro, a paid version, provides more detailed information [2] - The app taps directly into data sources used by pilots, including public data in the US [5] - It also uses about eight data sources worldwide [6] - The app instantly relays information, unlike airlines that need to process it through their systems [6][7] - Flight app monitors inbound planes and predicts delays based on previous flight data and airport congestion [9][11] Market Impact - The last few days have seen about triple sign-ups for the pro version [16] Flight Cancellation Analysis - Thursday, Friday, Saturday saw around 4% to 7% of cancellations [12] - Sunday and Monday cancellations rose to 10% to 12%, approaching the 15% to 20% range where cascading effects can occur [13] - Improved staffing at ATC towers helped reduce delays [15]

The Circle posting quarterly results. The circulation of its USDC more than doubling from a year earlier. Joining us right now first on CNBC is Circles CEO Jeremy Aair.Good morning. We were just talking about how you beat topline, bottom line. This is maybe what happens when you have a good company but also an emerging technology that is uh the hottest play.And by the way, right now you are the real way and really maybe the only way to really get great exposure to this world. So, let's talk about what's goi ...

Art Market Trends - The art market is hoping to end three years of decline with a big week of auctions [1] - Over $1.4 billion worth of art is expected to be sold at auction next week [2] - Increased supply of incredible works of art is coming up for auction [3] - Demand levels have been setting records, including bidders per lot and sell-through rates [3] Key Auction Items & Estimates - A Klimt portrait of Elizabeth Letter is estimated at $150 million [4] - Maurizio Catalan's solid gold toilet, "America," contains 220 lbs of gold, worth approximately $13 million based on gold prices [6] - The art market anticipates the gold toilet could sell for a multiple of its material value [7] Notable Collectors & Pieces - Works from the collection of the late Leonard Louder and Jay and Cindy Pritzker will be featured at Sibies [4] - Christy's will auction a classic Monet water lily and a Rothko painting [5] - Steve Cohen, a hedge fund manager, is rumored to be the buyer of the gold toilet [8] Contextual Information - The first gold toilet was at the Guggenheim in 2016 and was later stolen and melted down from Blenhan Palace in England [12] - Lower interest rates and a rising stock market are expected to boost demand in the art market [2]