Opening
- I make mistakes on my podcasts. Please feel free to comment and fact-check me. It's hard. I try to go hard and not pause.
- Oregon plays Michigan today. Ducks favored by 14.5
- Redmond:
- Parents.
- Cold.
- Food carts and BEER!!! Need that in San Jose! Huge business opportunity!
- Single digit golf stats:
Markets
- Overall strong earnings, but seeing some pullback.
- Can’t bet against these big guys.
Wilshire 5000 to GDP Ratio:
- 2.0 almost at all time high. Last time at 2 was Nov 2021.
CAPE Ratio: 35
- 38 in Nov 2021.
- 44 in Dec 1999.
Ford, Meta, Google, Microsoft, XAI
Ford Earnings
- Ford to idle production of F150 Lightning.
- Ford has sold a mere 22,807 Lightnings so far this year
- Ford’s EV division has lost $3.7 billion during the first three quarters of this year—about $55,000 per EV—and expects $5 billion to $5.5 billion in losses this year.
- Tesla Net Income $2.2 billion.
Meta: These numbers are insane!
- Revenue up $6b or 19%. $41b vs $34b
- Net income up $4b (35%). . $16 vs $12.
Google /Alphabet Earnings
- Revenues up 15% to $88.3 billion.
- Net income increased 34%
Microsoft
- Revenue was $65.6 billion and increased 16%
xAI plans to bring online an additional 100,000 Nvidia GPUs at its Memphis.
President of the US
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