It is good to be king, or at least Elon Musk, who was awarded billions in his pay package by Tesla shareholders.
He is a material beyond Teflon.
Moreover, he has no problem taking on convention much to the chagrin of many in Silicon Valley.
Many on the West Coast must have their heads exploding to hear of Musk consulting with Trump.
Not sure there is a room big enough for those rather large egos, but the entertainment factor would be rich.
Sort of a political hard knocks.
Just in case you have been on vacation, your retirement account continues to grow in value.
Both the S7P 500 and NASDAQ march on daily, setting new record highs.
It is not hard to see the leaders of the pack, such as Nvidia, pushing the markets ever higher.
With the split in Nvidia, we will see a trend.
Broadcom seems to be leaning toward a stock split.
This seems similar to a couple of decades ago when tech companies started splitting stock until it didn’t work anymore.
It was good last week to see CPI reports no change over the previous month.
While it wasn’t a drop, most analysts took it as such.
I am not so excited, but I like the fact that our economy seems to be rebounding after the first quarter.
It does seem consumers have found little reason to pull back on their spending.
There seems no end to the need to travel.
We have come back completely from the pandemic.
Not everyone has benefited.
Southwest has an activist suggest that much needs to change at the budget carrier.
Elliot Management has suggested management and philosophy shakeup.
It suggests that the stock should trade significantly higher.
Recent troubles with delayed flights has tarnished the carrier.
It is beyond redundant to point out that the only thing getting any attention is AI.
Companies with little connection are touting how AI will improve their bottom line.
Just seems each and every marketing department has those two letters as the focus.
I could care less as long as the bottom line expands.
Understand that it takes significant expenditure for AI to produce revenues.
We are in the hardware cycle where the mechanics have to be put in place.
The second phase will be the software.
It does make you wonder if the movie 2001 was just a bit ahead of its time, but right on point.
The only thing I can say that is good about being old is that I will be gone before I have to worry about HAL or any facsimile thereof.
Being irrelevant finally will work for me.
