Big - Run - Crypto Pops and Drops

Stacking the Admin with $$$ Peeps

HUGE Baseball Deal

Equifax Class Action - Finally a payout?

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Warm-Up

- Big - Run - Crypto Pops and Drops

- Stacking the Admin with $$$ Peeps

- Baseball Deal

- Equifax Class Action - Finally a payout?

Markets

- Employment Report

- This week's CPI and PPI Data

- Santa Rally - Could be just be a couple weeks away

- - Trump Limericks (AI)

ANNOUNCING the CTP Contestants for 2024 CTP Cup

Michael Bowling

Kirk Saathoff

Eric Harvey

Chad Laajala

Tim Dewey

Paul Kinder

Anson Brady (2023 CTP Cup Winner)

---Emails have gone out...

Regarding AMD

- BofA Securities downgraded Advanced Micro Devices (AMD) to Neutral from Buy, lower CY25/26 pf-EPS by 6%/8%ta $4.43/55.51, about -13%/-23% below consensus 55.09/57.11. Two factors:

1) Higher competitive risks in Al against best-of-breed NVDA's dominance, and growing cloud preference for custom chips from MRVL/AVGO. limiting AMD's market share gain potential, and

2) Potential for 1H'25E PC processor correction, after ~4O% HoH surge in AMD's 2H'24E client PC sales.  Shares are down 3%.

Oracle Earnings

- Oracle (ORCL -8%) is lower following its Q2 (Nov) earnings report last night.

- The company reported a slight EPS miss, its second miss in the past three quarters.

- Revenue rose 8.6% yr/yr to $14.06 bln, but that was also a bit light of analyst expectations.

- The Q3 (Feb) adjusted EPS guidance of $1.47-1.51 was also lower than expected.

- Oracle guided to Q3 revs of +7-9% (+9-11% CC), which we compute as $14.21-14.48 bln, which was also light, partly due to FX.

Google Chip

- Releases the Willow quantum computing chip

- Google has unveiled a new chip which it claims takes five minutes to solve a problem that would currently take the world's fastest super computers ten septillion – or 10,000,000,000,000,000,000,000,000 years – to complete.

- However experts say Willow is, for now, a largely experimental device, meaning a quantum computer powerful enough to solve a wide range of real-world problems is still years - and billions of dollars - away.

MLB Deal

- The Mets on Sunday agreed to sign Juan Soto to a 15-year, $765 million contract, multiple sources said, by far the largest pact in Major League Baseball history.

- The deal, which the Mets have not confirmed because it’s pending a physical, contains a $75 million signing bonus, an opt-out after five seasons and no deferred money.

- The Mets will have the ability to void Soto’s opt-out clause after the 2029 season if they boost the average annual value of the final 10 years of his deal from $51 million to $55 million, according to a source.

- In that case, the overall deal would be for 15 years and $805 million

- Right and Left Fielder - with .288 Batting average

- In 2024, he hit 41 homers and had 129 walks. It was his fourth season with at least 25 home runs and 125 walks. That's fourth-most in MLB history, behind only Barry Bonds (10 such seasons), Babe Ruth (10) and Ted Williams (eight).

China - Back in the Spotlight

- Disinflation again and profits slowing - China's inflation drops

- China's producer price index declined for the 26th month. Producer inflation fell by 2.5% year on year in November...

- Sunday announcement - China's leaders on Monday pledged "more proactive" fiscal measures and "moderately" looser monetary policy next year to boost domestic consumption, according to an official readout of a key policy meeting that outlined upcoming economic priorities.