Friday Clutter: Elon Musk and Twitter, Lindsey Graham, Jim Cramer, Mental Health, Tom Brady, Black Panther: Wakanda Forever, Rihanna, and more
Welcome back, and a happy Friday to you all. What's on tap for the weekend? Nothing too crazy on this end. I have to buy our Halloween candy, but that will have to wait until later on Saturday at least, so we don't end up eating it all ahead of time. (Of course, we'll make sure there's some left over for BDH and Little Buddha at the end.) Speaking of eating sugar, I've got a dentist appointment later today, but fortunately it's just a routine cleaning. Now, let's check out the headlines. The guys made coffee, so grab yourself a nice medium DD, because it's time to clear out some Clutter.
After a months-long soap opera, Elon Musk owns Twitter. Musk's first steps after completing the $44 billion purchase was to fire several to executives, including the CEO and CFO, and now we'll see where goes next. He's repeatedly discussed reducing the site's moderation, and many people expect him to eventually reinstate Donald Trump's account. That would be a serious attack on the country, especially if Musk does it before Election Day. If he turns Twitter into a free-for-all, will it end up driving some users and advertisers away, leaving it one big conservative echo chamber? Looks like we'll have to wait and see, but overall, this feels like a loss.
Elon Musk owns Twiter. Now what? (pic via iowapublicradio.org)
Fulton County District Attorney Fani Willis urged the U.S. Supreme Court in a new filing not to keep Senator Lindsey Graham from testifying before the Georgia grand jury investigating Donald Trump's attempts to overturn the state's legitimate 2020 presidential results. D.A. Willis argued doing so would harm the grand jury's ability to perform its legal duties and go against the public interest. Senator Graham wants to pretend that his phone call to Georgia's Secretary of State Brad Brad Raffensperger was a simple execution of his governmental responsibilities. The reality is that he was trying to pressure Raffensperger to help Trump win, and that's not covered by any constitutional protection.
The whole case already stinks, because Justice Clarence Thomas never should have been the one to handle Graham's original request for help. It's a blatant conflict of interest, given that his wife Ginni Thomas was a major force in Trump's coup attempt. A judge with a shred of ethics would have recused himself, but Thomas has also indicated he'll end up voting on the decision by the full court. This is yet another reason why so many people think the court is an illegitimate body. The conservative majority isn't even pretending they have any interest in defending the U.S. Constitution. They're there to push their extremist agenda and protect their friends.
Albuquerque Head was sentenced to 90 months in prison for his participation in the January 6 assault on the U.S. Capitol. Head dragged Washington, D.C. police officer Michael Fanone into the violent mob, yelling, "I've got one," making Fanone vulnerable to attacks from these thugs. Fanone is lucky he's still alive. How pathetic that Head threw away his life to defend one of the dumbest con men this country has ever produced.
Convicted Donald Trump mentor Roger Stone says it would be "treachery" for Governor Ron DeSantis to run against Trump for the 2024 Republican presidential nomination. In a perfect world, both men would be wiped out of national politics by the time that campaign cycle is over.
High gas prices have been a burden for Americans this year, but Exxon is loving it: The company raked in a record $19.66 billion net profit for the third quarter alone.
Jim Cramer told his TV audience in June that Facebook parent company Meta's stock had "nowhere to go but up." However, Meta fell 24.56% yesterday alone after missing 3rd quarter revenue expectations and providing a warning about the next quarter. Perhaps even more worrying to investors, there isn't much reason to believe they're going to turn things around anytime soon. So, apart from being completely wrong, the TV personality nailed that one.
We have to say, Cramer's book, Confessions of a Street Addict is a fascinating read. It's also one of the books that helped teach the Clutter investment team about the importance of not panicking during a down market. However, no one in their right mind should take stock tips from television programs. CNBC can give you a sense of the overall state of the market, but you have to do your own research and make sure you understand the pros and cons of your own investments.
Amazon is the latest tech company to miss on revenue expectations and also offer negative fourth-quarter guidance. Given that, the Clutter investment team expects today to be a down day on Wall Street. However, the team's bigger interest right now is in seeing the next round of inflation numbers.
CNET.com has a list of six exercises to help boost your mental health. We can't vouch for any of these, but they do seem like they could be productive, so we're bookmarking the page for our own use later. If you decide to give them a try and want to let us know if they worked for you, drop us a note at email@example.com.
One more reason for us to root for the Philadelphia Phillies in this year's World Series? The Phillies are the fourth team former Boston Red Sox boss Dave Dombrowski has taken to the October Classic, which is a remarkable accomplishment. Plus, Dombrowski got a raw deal when he was fired by the Red Sox in 2019, so we're on board if he wants to gloat about his success.
Boston Bruins star Brad Marchand returned to the ice ahead of schedule last night, five months after having double hip surgery, and it was like he never left: Marchand scored two goals, and the Bruins beat the Detroit Red Wings 5-1.
Oof: Tom Brady has his first three-game losing streak in 20 years, after the Tampa Bay Buccaneers lost 25-22 to the Baltimore Ravens last night. Brady's presumably-final season is starting to look like a car crash. You know you shouldn't stare, but it's hard to turn away. The Bucs are now 3-5 on the year, and they appear to be sinking like a stone. Tampa Bay is fortunate that the NFC South is such a disaster, they're still only one game out of first place. Can TB 12 and company right the ship against the Los Angeles Rams on November 6, or will they continue falling?
Our expectations and hopes for Black Panther: Wakanda Forever are already unreasonably high, and these glowing first reactions aren't doing anything to change that. We can't wait for November 11 to finally get here.
Former Doctor Who star Peter Capaldi's new series, The Devil's Hour is now available on Amazon Prime Video. We'll have to remember to check that out on a quiet day.
We're sorry to hear recent SNL alum Chris Redd was assaulted in front of a NYC comedy club Wednesday night. It sounds like a guy came up to Redd and punched him in the face for no reason before fleeing the scene. That's bizarre.
Okay kids, that's going to do it for now. We've been waiting for this one since yesterday. Here's Rihanna to close things out with her Black Panther: Wakanda Forever track/Chadwick Boseman. We leave you with, "Lift Me Up" for today's, "Song of the Day."
That's how you end the week on a good note.
Thanks for stopping by, everyone. It was great to see you, as always. Enjoy the rest of your day, don't eat your Halloween candy ahead of time, and we'll catch up with you again soon. Until next time, that's today's Clearing out the Clutter, and we are outta here.