Open AI and $MSFT drama - 11-20-23 Market Update

Daily Stock Picks - A podcast by Gary Vaughan

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Crazy weekend of news around Artificial Intelligence. This will make the best $NFLX documentary that's already in production I'm sure. $MSFT just took a huge leap forward without spending all the money they pledged. $NVDA earnings - I would play $SMCI   Best thing about this Black Friday sale - There's a monthly payment offer along with a yearly offer  TRENDSPIDER BLACK FRIDAY SALE - up to 82% off (limited time) Sign up at link ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://trendspider.com?_go=gary93⁠⁠⁠⁠⁠⁠⁠⁠ Email me at ⁠⁠⁠⁠⁠⁠⁠⁠⁠[email protected]⁠⁠⁠⁠⁠⁠⁠⁠⁠ I’ll send you the welcome letter that includes all the algorithms, watchlists and scanners that you see me use each and every day. Get $50 off a year of Seeking Alpha.  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.sahg6dtr.com/2L9M597/R74QP/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ TESLA referral -Use my referral link to buy a Tesla and get up to $500 off and 3 months of Full Self-Driving Capability.  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.tesla.com/referral/gary82526⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Social Links and more - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://linktr.ee/dailystockpick ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ FREE NEWSLETTER WITH CHARTS - subscribe at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠dailystockpick.substack.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ SPONSORED BY VISIBLE - Check out this page: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.visible.com/get/?3P8FJPM⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  $20 off your first month - only $5 for the first month Sign up for Webull and get free stocks like I did - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠https://a.webull.com/gzxte9iTQnfaDYFDjM⁠⁠⁠⁠ Get AT&T Fiber at your home - I have 1GB service ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.att.com/referral/code/?ref=TVY-3964⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ NOTES $msft hiring Sam and Greg means it took a step back in ai but if managed correctly then they have the lead. They owned 49% of open ai and now own 100%. Win for $msft. OpenAI on the other hand may have a skeletal staff and $msft can back out of that deal at any moment. My opinion - the board was inept and wanted to hold control. Even if they had fears of general ai being achieved - they took any investor or any manager at that company (all of which were hired by Sam) and said “we don’t want to be a profitable company. The board was filled with people who didn’t think through things.  Twitter is filled with this message including from the person the board said was ceo on Friday and just replaced. It’s clear they are all following Sam and there will be some people left to help Sam and Greg dismantle open ai.  All on Friday  KIND OF INSANE THE AMOUNT OF STUFF THAT HAS HAPPENED AND COME OUT IN THE LAST 2 HOURS  OPENAI CEO AND FOUNDER SAM ALTMAN WAS FIRED TESLA SHORT SELLER JIM CHANOS IS SHUTTING DOWN HIS HEDGE FUND APPLE IS STOPPING ALL ADVERTISING ON TWITTER IMMEDIATELY  DISNEY ALSO STOPPING ALL ADVERTISING ON TWITTER IMMEDIATELY  FIDELITY FILED FOR AN ETHEREUM ETF CITI BANK WILL BE STARTING MASS LAYOFFS NEXT WEEK Last weeks etf winners and losers  Market cap and divergence charts posted in the newsletter $coin back over $100  $ai back at $30  OPEC considering production cuts - again - supply and demand  $pltr even higher than where I sold it - I have no regerts $uber losing 2% because they are raising cash with bonds - in high interest environments bonds hurt your profitability  My weekly stock this week - $INTC Social Requests SCANS HAL COP SLB SHEL CHRD UCO LI FSLY SMMT ROST - inside afternoon candle on the 4 hour with a gap below from earnings AIG T NEE