;
“.. What the Chinese have done is taken an unbelievably old technology, and basically married it with modern communications and observation .. It’s a massive effort.”
@washingtonpost @DanLamothe https://www.washingtonpost.com/national-security/2023/02/07/china-spy-balloon-intelligence/
the real A.I. winner
“.. police officials said that one of the five officers, Demetrius Haley, admitted to sending a photograph of Mr. Nichols to at least five people ..”
@nytimes #Memphis https://www.nytimes.com/2023/02/07/us/tyre-nichols-photo-memphis-demetrius-haley.html?smid=nytcore-ios-share&referringSource=articleShare
Enphase is such a horse. Still the best clean energy play. Just love it.
Still funny.
Another ridiculous decline in a bull market.. never stops
“Markets expected that the whole world had changed,” after Friday’s jobs surprise, “and it doesn’t seem like it has.”
@FT #FOMC https://www.ft.com/content/10b6d4f2-d48f-401f-8407-8d5688d1e226
* US Consumer Credit Rises at Smallest Clip in Nearly Two Years
(via @JohnSpall247)
#utopia $MSFT
TOMORROW: @tonydokoupil sits down with Microsoft CEO @satyanadella about the future of artificial intelligence.
MORGAN STANLEY: “Friday's employment report was a major upside surprise .. but we do not think it marks an inflection point .. Favorable weather added ~126k jobs in January, which should roll off .. Our preliminary forecast for February payrolls is for net job gains of 200k.”
“The irony is that on the night that President Biden will deliver the #SOTU, immigration reform and childcare policy .. two sure pathways to draw more workers back into the labor force .. is a non-starter given the stark political polarization ..”
@joebrusuelas #powell
TODAY IN 1972: Elton releases “Tiny Dancer” as a single.
Here he is, playing an early version of the song for a TV crew — after pulling a crumpled piece of paper (Taupin’s lyric) from his pocket.
interesting sell-off; opportunity
So the traders sold Apple low and are buying it high.
gonna need a new bogeyman.
Egg prices are plummeting.
2019.
2023.
I reiterate it is a bull market
* MACKLEM SAYS BOC PAUSE NEEDED TO AVOID SLOWING ECONOMY TOO MUCH
(via @JohnSpall247) 🇨🇦 #BOC
tonight’s show!
* ZOOM ANNOUNCES 15% CUT IN GLOBAL WORKFORCE
(via @JohnSpall247) $ZM
#NYC 💕
🎶 “Don't tell me not to fly, I've simply got to!” 🌟 Barbra Streisand soared into movie stardom as Fanny Brice in William Wyler’s FUNNY GIRL, her Oscar-winning debut. Screening this Sunday at 11 am for Film Forum Junior: http://bit.ly/3jI9sLp
"I don’t recall a flurry like this of Big Tech companies racing to one-up each other in a topic, ever. How fast has this been?"
* Late Nov: #ChatGPT gained mainstream buzz
* Dec 22: Sundar declares a 'code red' ..
* Feb 6th: $MSFT announces it’s hosting an event
- B of A desk
In its regulatory filing, $HTZ "had fewer than 50,000 Teslas in its fleet — less than half the 100,000 the company said it would order by the end of 2022."
@business $TSLA
https://www.bloomberg.com/news/articles/2023-02-07/hertz-s-htz-tesla-tsla-fleet-is-well-short-of-100-000-cars?sref=QEebQnRf
The announcement "will include specific steps companies will need to take to apply for funds, along with a timeline of when grants will be awarded."
@WSJ #ChipsAct $SMH
https://www.wsj.com/articles/commerce-officials-to-detail-chips-act-application-process-this-month-11675780344
> @jamieleecurtis "finds herself in a place .. where she feels the spirit of her late parents, Oscar nominees Janet Leigh and Tony Curtis. 'They were the first thing I thought of,' she says. 'I never thought I would reach their level.'"
@VanityFair
https://www.vanityfair.com/hollywood/2023/02/jamie-lee-curtis-little-gold-men-oscar-nominee-awards-insider
$GM
Here is GM’s $7 million Super Bowl ad for this Sunday.
During last years Super Bowl, legacy automakers spent $50M on EV ads. The next day, orders for Teslas skyrocketed, Tesla revealed later.
* U.S. JUDGE DENIES #FTX FOUNDER SAM BANKMAN-FRIED'S REQUEST TO MODIFY BAIL CONDITIONS; HEARING REMAINS SCHEDULED FOR FEB 9 -- COURT FILING
@reuters
Peak inventory. Trough pricing.
Is April the magic month for DRAM? “Our channel checks indicate some moderation .. New production cuts for DRAM should bring inventory back below its recent peak ..”
(via MS) $SMH
* Episode 4 of #TheLastOfUs hits a new series high -- despite #Grammys competition.
@TheWrap @michaelsantoli @LisaMVillalobos @clmazin @hbo
https://www.thewrap.com/the-last-of-us-episode-4-ratings/
(FT) - General Glen VanHerck, the head of North American Aerospace Defense Command, made a stark admission on Monday by revealing that the US had not detected previous flights by Chinese spy balloons over its airspace.
@FT
https://www.ft.com/content/3c0564ec-ac64-40e9-b793-0f9e5aa20dd3
KOTICK: “If a deal like this can't get through, [the UK] are not going to be Silicon Valley, they will be Death Valley.”
@CNBC $ATVI
".. This is the first time the [Manheim] index has risen on a M/M basis since May .."
@knowledge_vital @CoxAutomotive
https://www.coxautoinc.com/market-insights/january-2023-muvvi/
LIN check your bulletins club members!!! not what stock is saying
I'm at the Exchange ETF conference, where advisors are having a tough time figuring out the direction of the economy, and the stock market. Forgotten parts of the market lead the way in 2023 as advisors wrestle with how to play the economy. https://cnb.cx/3lcXyJQ @CNBC
* DUPONT EXPECTS RAMP UP IN CHIP INDUSTRIES IN CHINA BEGINNING Q2
@reuters $DD
DEUTSCHE: C&I lending standards tend to lead high-yield defaults by a few quarters — “and last night showed that the tightening continued for a third quarter. We're now at levels broadly consistent with the past recessions.”
MORGAN STANLEY: “.. in the eight cycles since 1993, the average period of [global industrial[ growth has been ~10.3 quarters, and the average downcycle has lasted ~5.3 quarters — which would take us into 2024, if this downcycle is ‘average.’” [Huberty]
Today in 1964: the Beatles arrive in America at 1:20 pm ET — riding a publicity campaign from Capitol Records that sent thousands of screaming fans to meet their plane. The scenes become iconic.
@BeatlesEarth @PaulMcCartney @ringostarrmusic
