gehringer_2 Posted September 22 Share Posted September 22 (edited) 1 hour ago, Deleterious said: Intel Gains on Report That Qualcomm Made Takeover Approach Sort of interesting. I can't see the Feds allowing this to happen. And I don't understand why Qualcomm would want this to happen. Manufacturing chips is extremely difficult and Intel isn't very good at it. In fact, they currently out source some of their production to TSMC because Intel can't do it. Intel does have some interesting chip technology coming down the pipeline. Early benchmarks for their Lunar Lake chips look good, comparable to Snapdragon and even some of the Apple ARM stuff. But again, those chips were designed by Intel but manufactured by TSMC. Maybe Qualcomm wants to pick the good parts off the carcass and leave all the manufacturing garbage behind. yeah - I don't know where Qualcomm was going either. I think for Intel it was just good PR to talk about someone being interested. Intel's big foundry investments will be coming on line over in the next couple/three years. If they execute on those, the foundry business will be fine, if not, not so much of course. They are still "all in" with the plan so to speak other than one plant 'delayed' (read canceled?) in Germany, and this is the lull before the win or loss gets tallied. At this point Wall street doesn't like the bet - of course it doesn't like many bets that far over the horizon! But Intel's balance sheet is strong enough they won't be in serious danger before they get to see if their investments pay off or not. They have also triangulated themselves into status politically as the strategic national defense supplier in US Gov reshoring efforts away from TSMC so its a good chance they are now on Uncle Sam's "won't be allowed to fail" list if any lifelines are ever required. Company still may make more sense in 2 pieces, but I get the impression they are just making noises of due diligence in that direction for the street without being serious about wanting to do it - but I'm just spit balling there - we'll see how it shakes out in maybe a year or so. Edited September 22 by gehringer_2 Quote Link to comment Share on other sites More sharing options...
Deleterious Posted September 23 Share Posted September 23 Now, a private equity firm named Apollo is interested in Intel. Quote Link to comment Share on other sites More sharing options...
gehringer_2 Posted September 27 Share Posted September 27 PersonalConsumptionExpeditures index in today: 0.1% for the month, 2.2% year over year. Quote Link to comment Share on other sites More sharing options...
1776 Posted October 2 Share Posted October 2 10:40 ET -- Nike is one of the most mentioned companies in the U.S. across all news items in the past 12 hours, according to Factiva data. Nike withdrew its full-year guidance and postponed its first investor day in seven years while it evaluates the direction of the company following the appointment of Elliott Hill as chief executive. For the second quarter, Nike said it expects revenue to be down 8% to 10% as it deals with higher promotions and lower benefits from its pricing actions. Analysts polled by FactSet expect second-quarter revenue to be down 6.7%. Nike's change of plans comes as it reports a 10% drop in revenue in its first quarter after delivering lower-than-expected unit sales. Dow Jones & Co. owns Factiva. (chris.wack@wsj.com) Quote Link to comment Share on other sites More sharing options...
gehringer_2 Posted October 2 Share Posted October 2 1 hour ago, 1776 said: 10:40 ET -- Nike..... Michael Jordan and LeBron are old men. More kids are aspiring to be TicToc influencers than being like Mike. The problem with building your brand on culture is that culture changes. Not to mention that there seem to be a lot more complaints about their product quality. For years I bought nothing but Nike because they were one of the only shoes that had sufficient arch for me. But some number of years ago there was a shift, and Nike, among others, started just building flat arch shoes and whatever arch you got came from the removable insole. At that point they had no special appeal and it's been a long time since a bought a pair. Quote Link to comment Share on other sites More sharing options...
chasfh Posted October 2 Share Posted October 2 (edited) You can build your brand on culture changes as long as you’re good at keeping up with the changing culture. Edited October 2 by chasfh 1 Quote Link to comment Share on other sites More sharing options...
gehringer_2 Posted October 2 Share Posted October 2 1 hour ago, chasfh said: You can build your brand on culture changes as long as you’re good at keeping up with the changing culture. Exactly. Nike hasn't Quote Link to comment Share on other sites More sharing options...
Edman85 Posted October 2 Share Posted October 2 Anybody have an HSA administered by HSA Bank? Quote Link to comment Share on other sites More sharing options...
gehringer_2 Posted October 4 Share Posted October 4 BLS employment report this morning: +254,000. Expectation was +150,000. Unemployment ticks down to 4.1% Probably not a good idea to hold your breath waiting for another 50pt rate cut from the Fed in Nov. https://finance.yahoo.com/news/september-jobs-report-crushes-expectations-as-us-economy-adds-254000-jobs-unemployment-rate-falls-to-41-123503927.html Quote Link to comment Share on other sites More sharing options...
1776 Posted October 4 Share Posted October 4 22 minutes ago, gehringer_2 said: BLS employment report this morning: +254,000. Expectation was +150,000. Unemployment ticks down to 4.1% Probably not a good idea to hold your breath waiting for another 50pt rate cut from the Fed in Nov. Absolutely. The 10 yr. spiked on the news. Quote Link to comment Share on other sites More sharing options...
Screwball Posted October 4 Share Posted October 4 Employment numbers showing a 4-sigma beat to the median estimate is a perfectly normal occurrence. 1 Quote Link to comment Share on other sites More sharing options...
Hongbit Posted October 4 Share Posted October 4 I can’t wait to see the post-election revisions of these numbers on the December release. I’m guessing they will get revised down by at least 120,000. Quote Link to comment Share on other sites More sharing options...
Tigeraholic1 Posted October 4 Share Posted October 4 27 minutes ago, Hongbit said: I can’t wait to see the post-election revisions of these numbers on the December release. I’m guessing they will get revised down by at least 120,000. Big facts. Same reason Jimmy Hoffa called off the dogs at the ports. Quote Link to comment Share on other sites More sharing options...
Deleterious Posted October 4 Share Posted October 4 1 hour ago, Tigeraholic1 said: Big facts. Same reason Jimmy Hoffa called off the dogs at the ports. The tentative agreement for 61% raises over six years probably played a small role. That is a solid number. 1 Quote Link to comment Share on other sites More sharing options...
Tiger337 Posted October 4 Share Posted October 4 2 hours ago, Deleterious said: The tentative agreement for 61% raises over six years probably played a small role. That is a solid number. I'd be damn happy with a 61% raise over 6 years! It beats the 15% I'll likely get. I like my job though, so I'm not complaining. Quote Link to comment Share on other sites More sharing options...
Tigeraholic1 Posted October 4 Share Posted October 4 3 hours ago, Deleterious said: The tentative agreement for 61% raises over six years probably played a small role. That is a solid number. Quote Link to comment Share on other sites More sharing options...
Screwball Posted October 5 Share Posted October 5 I haven't followed it very close, but I think this is just an agreement to work, but things are still pending. Could be wrong. What I did find interesting, in these talks, at one time, part of the bargaining was over automation. Ports would be easy to automate given our technology. That reduces cost, therefore prices, and of course profit. At the cost of labor - or the very same people who buy what they just shipped in. Whatever can be automated will be. How does that turn out? Quote Link to comment Share on other sites More sharing options...
gehringer_2 Posted October 5 Share Posted October 5 (edited) 24 minutes ago, Screwball said: I haven't followed it very close, but I think this is just an agreement to work, but things are still pending. Could be wrong. What I did find interesting, in these talks, at one time, part of the bargaining was over automation. Ports would be easy to automate given our technology. That reduces cost, therefore prices, and of course profit. At the cost of labor - or the very same people who buy what they just shipped in. Whatever can be automated will be. How does that turn out? the union can negotiate a bit of holding action for their current members, but you can't stop it anymore than you can expect to see farmers turning in their combines and hiring serfs to harvest their wheat with a scythe. Edited October 5 by gehringer_2 Quote Link to comment Share on other sites More sharing options...
Screwball Posted October 5 Share Posted October 5 (edited) You can't negotiate with technology. It will replace the negotiators. 🙂 Edited October 5 by Screwball Quote Link to comment Share on other sites More sharing options...
Screwball Posted October 5 Share Posted October 5 (edited) 1 hour ago, Screwball said: I haven't followed it very close, but I think this is just an agreement to work, but things are still pending. Could be wrong. What I did find interesting, in these talks, at one time, part of the bargaining was over automation. Ports would be easy to automate given our technology. That reduces cost, therefore prices, and of course profit. At the cost of labor - or the very same people who buy what they just shipped in. Whatever can be automated will be. How does that turn out? To clarify - to increase profit, not reduce. Edited October 5 by Screwball Quote Link to comment Share on other sites More sharing options...
Hongbit Posted October 5 Share Posted October 5 Hoffa guy’s speech about shutting down the country made for a great sound bite but he’s just the East Coast. All of the West Coast ports are a different union and operating like normal. Our supply chain may have slowed a bit but it was never grinding to halt. Quote Link to comment Share on other sites More sharing options...
gehringer_2 Posted October 5 Share Posted October 5 3 minutes ago, Hongbit said: Hoffa guy’s speech about shutting down the country made for a great sound bite but he’s just the East Coast. All of the West Coast ports are a different union and operating like normal. Our supply chain may have slowed a bit but it was never grinding to halt. Yup. The things people would have noticed the most are consumer goods and electronics and they come in from Asia via the West Coast. I know it would be tough for the kids at Princeton and Yale to miss the deliveries of their new Bimmer's though.... Quote Link to comment Share on other sites More sharing options...
1776 Posted October 7 Share Posted October 7 10 yr yield closed above 4%. Quote Link to comment Share on other sites More sharing options...
Screwball Posted October 8 Share Posted October 8 7 hours ago, 1776 said: 10 yr yield closed above 4%. I'm old so I want to protect my money. The market is too risky for me at this point (other than a small fund I play with to get my nuts off). I welcome these higher interest rates. You can do OK just playing short term yields, and completely risk free at the same time. If you get frisky, some corporate bonds can do even better. Funny how the Fed tries to control interest rates, but they (rates) seem to do what they want to anyway. It's almost like there is something other than central planning, or the attempt of... Quote Link to comment Share on other sites More sharing options...
1776 Posted October 10 Share Posted October 10 Don’t know that this is really related to investing but the annual COLA number for 2025 is 2.5%. Don’t spend it all in one place. Quote Link to comment Share on other sites More sharing options...
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