Steven Philips on Premarket: Apple was red, turned green - 'It was the Russians! 🙂'
on Who's the most valuable company in the land, by far? - 'I’d say it’s not only an issue of AI continues vs AI fails. As memory prices go up, the cost of chip-based hardware will go up along with the cost of use of AI. And if everyone has to pay more for the computing hardware because the hyperscalers are hoovering up all the chips, all those people paying more for computing hardware and literally everything else that runs on a chip will be willing to pay less for discretionary use of AI. The hyperscalers are seeming more and more like plagues of locusts that are eating themselves out of resources, thereby causing their own end.'
on Who's the most valuable company in the land, by far? - 'What would you do with that fully populated Mac Studio? I’m presuming you have some AI stuff in mind…'
on Who's the most valuable company in the land, by far? - 'Hi, Bart. Jerry has me on his Messages list, almost certainly because he asked and was invited to the West Coast Apple 3.0 get-together earlier this year. He is VERY MUCH still a long term Apple investor, and I’m sure his daughter is as well. With as many doubles in value as Apple has already produced, once you hit your first $1 M, sticking with the stock becomes pretty much a no-brainer. It’s a shame Tommo never seemed to grok in fullness that salient fact, but there are quite a few ex-Apple employees that have, over time, figured that out, much to their joy, and some of them joined Jerry Doyle at that very joyful get-together this year. But who knows; maybe it has finally sunk in with Tommo, and some day he’ll return to the fold. I hope so.'
on Premarket: Apple was red, turned green - 'CoreWeave and Tesla also had small spikes up at 10:00AM(PST). Curiously, DJT had a sharp spike down at 10:00AM(PST). Whatever happened involved multiple stocks. Bots gone wild?'
on Who's the most valuable company in the land, by far? - 'Speaking of analysts, has anyone checked up on tommo_uk? Is he ok and still alive and kicking? In 1H of 2026 he was prolifically posting and publishing his blog, pontificating (maybe with ChatGTP help) his views on AI and the continued missteps and sleight of hand that Apple was foisting on the market and investors, in his view. But his last blog entry was end of June, then hard stop, radio silence, and nothing since. Is he physically ok, hopefully nothing health wise has befallen him, never wished any ill will towards him. Or maybe he took a sabbatical break and is enjoying his Apple and elsewhere funded wealth somewhere nice, warm, and cozy with a good solid internet connection and a fast but older MacBook to keep him company and connected? Can anyone shed light about what’s going on with him? I’d say the same for our lady members who seem to have gone silent or perhaps even left? I know our LSU correspondent Jerry Doyle is still lurking about and showed recently, hope his and his daughter are enjoying recent ATH’s as we are, while the #24 6-3 Tigers are trying to climb the SEC ladder (I’ll note my UCLA Bruins are astounding everyone including me at 9-0, #1 in the Big Ten, and #4 overall, plus USC has resurrected its playoff hopes at 7-2 and #15). I just miss many of the other members posting their thoughts occasionally.'
on Who's the most valuable company in the land, by far? - 'Ternus’ “greatest company on earth” comment sounds even more compelling.'
on Premarket: Apple was red, turned green - 'Apple Stock continues to have a fairly large daily range. Big numbers if you are a long time shareholder. Today’s high 353.82. Today’s Open Price 351.35 Today’s low 346.46 7.36 high to low. Currently 348.36 at 2:27 EST. Each dollar of movement is about 14.53 Billion of market cap change. (Outstanding shares 14.53 Billion x 1) So a range of 7 dollars is about 101.71 Billion dollars in market cap movement. Almost as much as 4th Quarter’s revenue. And this is just one day of trading. With the price of the stock at these levels it is only a few %. And not much company specific news to look at.'
on Who's the most valuable company in the land, by far? - 'Whoops. NVDA’s 52 week low is $164.27. Today’s low is $166.24.'
on Who's the most valuable company in the land, by far? - 'The gap is now about $1 trillion. I do have one objection. The market cap is not more difficult to increase because of the loss of shares. By definition, the market cap is the value of the company (actually EV is, but let’s ignore debt and FCF for a moment.) It should therefore be the same no matter how many shares are outstanding. They *must* grow in value to compensate for there being fewer. That’s why it’s a return of capital to shareholders. (Of course, if the market fails to react to the reduction, that’s on the market not on the shares.)'
