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6.
 
Re: ‘A Perfect Positive Storm’- Bonkers Dollars for Big Tech.
May 3, 2021, 11:32
6.
Re: ‘A Perfect Positive Storm’- Bonkers Dollars for Big Tech. May 3, 2021, 11:32
May 3, 2021, 11:32
 
Just got around to taking a look at this story this morning. This tidbit is pretty amazing:

The combined yearly revenue of Amazon, Apple, Alphabet, Microsoft and Facebook is about $1.2 trillion, according to earnings reported this week, more than 25 percent higher than the figure just as the pandemic started to bite in 2020. In less than a week, those five giants make more in sales than McDonald’s does in a year.

It nearly defies comprehension. The stock market continues to mystify me. While I understand the stock market is generally "forward looking" ie.. any current issue is probably already "baked into" the current prices. The fact we are near record high levels seems overly optimistic to me. I hope I am wrong. More than a decade past the 2007/2008 recession, I've kind of been on the lookout for a large "pull back" for two years now. All that said, I'm certainly among those "profiting" from it. My IRA accounts have grown significantly in the last 15 months.
“Extinction is the rule. Survival is the exception.” -- Carl Sagan
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Re: Sunday Tech Bits
May 3, 2021, 11:16
5.
Re: Sunday Tech Bits May 3, 2021, 11:16
May 3, 2021, 11:16
 
FTFT:

‘A Perfect Positive ShitStorm’- Bonkers Dollars for Big Tech
4.
 
Re: Sunday Tech Bits
May 2, 2021, 18:33
4.
Re: Sunday Tech Bits May 2, 2021, 18:33
May 2, 2021, 18:33
 
That Samsung loss is just a bit less than it would have cost to winterize the grid. I wonder what the total loss was not just to business, also to citizens for things like the damage due to burst pipes.
'I am' is reportedly the shortest sentence in the English language. Could it be that 'I do' is the longest sentence? - GC
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3.
 
Re: Sunday Tech Bits
May 2, 2021, 17:12
3.
Re: Sunday Tech Bits May 2, 2021, 17:12
May 2, 2021, 17:12
 
It makes me wonder if Samsung and other companies which have built large scale facilities in Texas understood the risks they were taking by building there. Or were they taken in by government officials saying, "No worries, we have it covered." Also are they still "ahead" after this incident based on whatever incentives lead to them building there?

This comment was edited on May 3, 2021, 11:21.
“Extinction is the rule. Survival is the exception.” -- Carl Sagan
2.
 
Re: Sunday Tech Bits
May 2, 2021, 16:52
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Re: Sunday Tech Bits May 2, 2021, 16:52
May 2, 2021, 16:52
 
Come to Texas, we want your business
At least until our GQP (pull yourself up by your Frozen boots straps) legislature allows the plug to be pulled on the sparky stuff causing you weeks of downtime, lost product and decreased sales totalling over a Quarter of a Billion Dollars.
Remember, We're Business Friendly.
Don't worry, the electricity will also be cut off at your house for the better part of a week, all to remind you what a great state you live in and the freedom you have to freeze your balls off.
- I refer to it as BC, Before Corona, and AD, After Disaster. -
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Re: Sunday Tech Bits
May 2, 2021, 16:42
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Re: Sunday Tech Bits May 2, 2021, 16:42
May 2, 2021, 16:42
 
ironically windows server is licensed by cores not by architecture. desktop version is a different kettle of fish.
Its not the cough that carries you off but the coffin they carry you off in.
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