🌶️ Hot Fudge Sunday for 2024-11-03
This week, I automated my newsletter and explored market trends, hot takes, and wacky stories!
Welcome to the latest Hot Fudge Daily. Each day of the week you get thematic value.
🌶️ Spicy Edition Sunday FREE (Hot Fudge Sunday weekly newsletter captures the best of Hot Fudge Daily and the most clicked links for the week.)
📈 Markets Monday $ (Hot Fudge Daily: What is moving markets and why does it matter for the week ahead?)
🔥 Hot Takes Tuesday $ (Hot Fudge Daily: Get fast unfiltered thoughts on news of the day with just a dash of snark.)
🤪 Wacky Wednesday $ (Hot Fudge Daily: Catch up on the wild and wooly memes from a variety of deep web #random channels.)
🔙 Throwback Thursday $ (Hot Fudge Daily: Examine recent news in a thought provoking Shot and Chaser format.)
✅ Final Thoughts Friday $ (Hot Fudge Daily: A clear eyed look back on the week that was and could have been.)
🔮 Sneak Peak Saturday $ (Hot Fudge Daily: Steady and sober unpacking of the slow news day where muted press releases and disclosure stories try to get buried before the weekend takes all the attention.)
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Hot Fudge Sunday 🤔 💡 🤯 🤓 is a free weekly newsletter containing a digest of the Hot Fudge Daily paid newsletter at hot.fudge.org in a single easy to reach URL. This free weekly edition is posted every… wait for it… Sunday.
About the changes ahead...
This week marks my crossover beyond 50% automation levels for this Hot Fudge Daily. With the time I’ve reclaimed, I'll be slowly and patiently updating Fudge Factor for new functionality using 11ty 3.0 along with recent enhancements from Buttondown. 🤓
Hot Fudge Daily Digest
📈 Markets Monday for 2024-10-28
Quick Recap
For Market Monday, I look at the same key indicator that I take from a simple Yahoo Finance webpage each week. It’s how I look at things at the closing bell on Monday.
Previously, I decided on a view from Yahoo Finance. For example, this was a view of intraday in Technology which usually gets around a dozen or so interesting companies when the market is moving and a smaller handful of companies when the market is not moving as much.
If you are using Yahoo Applied Filters for Stocks screener you can bookmark your own heat map view.
% Change in Price (Intraday):greater than 4
Region: United States
Market Cap (Intraday): Mid Cap and Large Cap and Mega Cap
Price (Intraday):greater than or equal 5
Volume:greater than 15000
Sector: Technology
Industry: Software—Infrastructure and Information Technology Services and Computer Hardware and Software—Application and Communication Equipment and Electronics & Computer Distribution and Consumer Electronics and Electronic Components and Scientific & Technical Instruments and Semiconductor Equipment & Materials and Semiconductors
🔥 Hot Takes Tuesday for 2024-10-29
Two hot takes on the two stories caught my eye on Tuesday.
💰 + 🤖 At a ~$40B 🤔 valuation, you have to wonder if something does not compute… or if the whole point is to amass compute for the customers that will come?
Techmeme: Sources: xAI is in talks with investors to raise several billion dollars in a funding round that would value it at around $40B; xAI was valued at $24B in May (Wall Street Journal)
From Wall Street Journal. View the full context on Techmeme.
💰 + 🤖 At a ~$4.5B 😮 valuation, it is useful to consider the founders’ backgrounds, recent problem spaces explored, and their uhm… actual customers.
Techmeme: Sierra, an AI startup co-founded by OpenAI board chairman and ex-Salesforce co-CEO Bret Taylor, raised $175M, valuing it at $4.5B, up from ~$1B in February 2024 (Reuters)
From Reuters. View the full context on Techmeme.
🤪 Wacky Wednesday for 2024-10-30
Each Wednesday I go through dozens of Slack communities.
I then select the most interesting shared links.
This will always be a safe for work list. 🙈
San Francisco Will Pay $212 Million for Its Train System to Ditch Floppy Disks | WIRED
The city’s light-rail system has used 5¼-inch floppy disks for nearly 40 years. Getting off them won't come cheap.
🔙 Throwback Thursday for 2024-10-31
Back in 2010, short URLs were still very much in vogue because a shorter URL is a better URL, right?
Not to be outdone, Google even offered a short URL service… with a QR (quick-response) code too!
Of course, many short URLs services have gone away over the years with the links becoming link rot (or worse). As you might expect, QR codes are not without their own challenges.
Techmeme: Banks and regulators warn of a rise in QR code phishing scams, which experts say are most commonly deployed in emails to evade corporate cyber security filters (Stephanie Stacey/Financial Times)
By Stephanie Stacey / Financial Times. View the full context on Techmeme.
Oh… and Google’s short URL and QR code service “goo.gl” is no more.
Google URL Shortener links will no longer be available
- Google Developers Blog
✅ Final Thoughts Friday for 2024-11-01
I had a blast at my first All Things Open.
Jay Cuthrell on LinkedIn: #allthingsopen
Great discussions at #AllThingsOpen with Sourcegraph Pieces for Developers Elastic Scarf honeycomb.io Red Hat RIoT - Internet of Things Observe, Inc. Jono…
One story caught my eye this week — Intel. It’s a tale of two coverages in two days of the tech press with a button at the end.
First… Intel bad!
Techmeme: Dozens of sources share how Intel CEO Pat Gelsinger fumbled the company's revival, including offending TSMC with Taiwan comments and losing a deep TSMC discount (Reuters)
From Reuters. View the full context on Techmeme.
Second… two days later… Intel good?
Techmeme: Intel reports Q3 revenue down 6% YoY to $13.28B, vs. $13.02B est., a net loss of $16.99B, and Q4 guidance above estimates; INTC jumps 6%+ after hours (Jordan Novet/CNBC)
By Jordan Novet / CNBC. View the full context on Techmeme.
And… scene.
Techmeme: Nvidia will replace Intel in the Dow Jones Industrial Average on November 8, after Amazon replaced Walgreens in February; Intel joined the index in 1999 (Bloomberg)
From Bloomberg. View the full context on Techmeme.
🔮 Sneak Peak Saturday for 2024-11-02
By Friday, everything seems to be reaching the peak of getting news turned in before a deadline or dread-line. It sometimes seems like we reach a fever pitch in news coverage throughout the week.
Peak 🏔️ vs. Peek 👀
Then there is a trope, cliché, or bromide about slow news days and the quietly mentioned news updates sent on a Friday — to try and sneak it past wider coverage. Or, in a nutshell, peak patronizing publishing.
In that spirit, here are a few stories that you might have missed on the slow news of a Friday.
Insert Let's See Who This Really Is Meme
Techmeme: US House Speaker Mike Johnson says the GOP “probably will” try to repeal the CHIPS Act, but then walks it back, saying the GOP may “further streamline” the bill (Stephen Groves/Associated Press)
By Stephen Groves / Associated Press. View the full context on Techmeme.
Insert Ceiling Cat Meme
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Techmeme: Okta fixes a flaw present since July 23, 2024, that let users log in under specific circumstances with any password if the account's username had 52+ characters (Richard Lawler/The Verge)
By Richard Lawler / The Verge. View the full context on Techmeme.
Insert We're All Trying To Find The Guy Who Did This Meme
Techmeme: Polymarket user Fredi9999, a self-described Frenchman, says he bet $30M+ on Trump after analyzing polls; he can't exit his wagers without crashing the market (Alexander Osipovich/Wall Street Journal)
By Alexander Osipovich / Wall Street Journal. View the full context on Techmeme.
Insert That Wasn't Me, That Was Patricia Meme
Techmeme: Why Bluesky not adding the federation systems that let users leave the Bluesky server and take their community to other hosts can lead to “enshittification” (Cory Doctorow/Pluralistic)
By Cory Doctorow / Pluralistic. View the full context on Techmeme.
Insert Anthony Adams Rubbing Hands Meme
Techmeme: The capital expenditures of Amazon, Alphabet, Meta, and Microsoft are set to total over $200B in 2024, as companies accelerate spending to chase AI developments (Bloomberg)
From Bloomberg. View the full context on Techmeme.
Note: Some images via Unsplash
Disclosure
I am linking to my disclosure.
Cuthrell Consulting LLCAttn: Jay Cuthrell1903 Live Oak St #92Beaufort, NC 28516-0092
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