NOV Inc. (NOV) Q1 2024 Earnings Call Transcript
NOV Inc. (NYSE:NOV) Q1 2024 Earnings Conference Call April 26, 2024 11:00 AM ET Company…
NOV Inc. (NOV) Q1 2024 Earnings Call Transcript
NOV Inc. (NYSE:NOV) Q1 2024 Earnings Conference Call April 26, 2024 11:00 AM ET Company Participants Amie D’Ambrosio – Director, IRClay Williams – Chairman, President and CEOJose Bayardo – SVP and CFO Conference Call Participants Jim Rollyson – Raymond JamesStephen Gengaro – StifelJames West – Evercore ISITom Curran – Seaport Research PartnersScott Gruber – CitigroupKurt…
Mohawk Industries, Inc. (MHK) Q1 2024 Earnings Call Transcript
Mohawk Industries, Inc. (NYSE:MHK) Q1 2024 Earnings Conference Call April 26, 2024 11:00 AM ET Company Participants James Brunk – Chief Financial OfficerJeff Lorberbaum – Chairman and Chief Executive OfficerChris Wellborn – President and Chief Operating Officer Conference Call Participants Matthew Bouley – BarclaysTim Wojs – BairdSusan Maklari – Goldman SachsJohn Lovallo – UBSCollin Verron…
Fund Market Sees First Weekly Inflow in Three, Adding $5.5 Billion
shulz The data in the article below is sourced from Lipper’s Global Fund Flows application. GFF can be found on LSEG Workspace (“FundFlows”). During LSEG Lipper’s fund-flows week that ended April 24, 2024, investors were overall net purchasers of fund assets (including both conventional funds and ETFs) for the first week in three, adding a…
Shadow Boxing: Comments On Proof-Of-Work Centralization Hysteria
The always-relevant Marty Bent had Spiral developer Matt Corallo on his podcast this week to address the freaks about urgent Bitcoin mining matters. To bring everyone up to speed, the concerns stem from recent sleuthing of the blockchain which revealed that some pools have been getting perhaps a little too cozy. How do we know…
L3Harris Technologies: Future Dividend Aristocrat With Annual Return Potential (NYSE:LHX)
Alexyz3d Introduction It’s time to do one of my favorite things: Discuss L3Harris Technologies, Inc. (NYSE:LHX). It’s one of the four defense giants in my portfolio, which together hold roughly a fifth of my net worth. On top of that, I have given this high-conviction investment a Strong Buy rating as I believe it offers…
Top 10 Tips for Every Bitcoin Multisig Beginner
Originally published on Unchained.com. Unchained is the official US Collaborative Custody partner of Bitcoin Magazine and an integral sponsor of related content published through Bitcoin Magazine. For more information on services offered, custody products, and the relationship between Unchained and Bitcoin Magazine, please visit our website. As technical director on the Concierge team at Unchained,…
Weyerhaeuser Company (WY) Q1 2024 Earnings Call Transcript
Weyerhaeuser Company (NYSE:WY) Q1 2024 Earnings Conference Call April 26, 2024 10:00 AM ET Company Participants Andy Taylor – VP, IRDevin Stockfish – President and CEODavid Wold – SVP and CFO Conference Call Participants George Staphos – Bank of AmericaSusan Maklari – Goldman SachsHamir Patel – CIBC Capital MarketsMark Weintraub – Seaport Research PartnersKetan Mamtora…
ON Semiconductor: A Smart Way To Capitalize On The Semiconductor Industry (ON)
Justin Sullivan/Getty Images News ON Semiconductor Corporation (NASDAQ:ON), rebranded several years ago as OnSemi, may be an interesting stock for those investors looking for value in the semiconductor manufacturing space. The company primarily supplies chips to the auto and industrial industries, markets that are currently in a cyclical downturn that began in the latter half…
Navitas Is A Tremendous Bargain With Great Growth Potential (NASDAQ:NVTS)
jroballo/iStock via Getty Images Navitas is a vital cog in the semiconductor industry Navitas Semiconductor Corporation (NASDAQ:NVTS) is a vital cog in semiconductor industry, making integrated circuits more power efficient. This is a research and development powerhouse with over 250 patents, working with 10 of the world’s top 10 mobile equipment manufacturers, and several other…
Bitcoin Is Built To Last: How The Network Defends Against Attacks
Bitcoin is one of the most robust distributed systems in the history of mankind. For fifteen years it has ticked along block by block with only two disruptions in its first few years that were very quickly handled by responsive developers the minute they manifested themselves. Aside from that, it has ticked along producing a…
Charter Communications, Inc. (CHTR) Q1 2024 Earnings Call Transcript
Charter Communications, Inc. (NASDAQ:CHTR) Q1 2024 Earnings Call Transcript April 26, 2024 8:30 AM ET Company Participants Stefan Anninger – IRChris Winfrey – President and CEOJessica Fischer – CFO Conference Call Participants John Hodulik – UBSBenjamin Swinburne – Morgan StanleyJonathan Chaplin – New StreetCraig Moffett – MoffettNathansonBryan Kraft – Deutsche BankMichael Rollins – CitiVijay Jayant…
EU Parliament Adopts AML Laws Regulating Bitcoin Based On Questionable Assumptions
The European Parliament adopted a new AML law package which increases the reporting requirements of crypto asset service providers (CASPs) when sending and receiving ‘anonymous’ payments between self-hosted wallets and custodial service providers, in addition to limits on cash transactions and the establishment of a ‘central watchdog’ agency, which will develop regulatory technical standards. Under…
Altria Group: Q1 Earnings Reaffirmed My Bullish Sentiment As The Yield Exceeds 9% (MO)
PM Images Altria Group (NYSE:MO) has been a battleground stock for years. The bears have been winning as shares have declined by -15.76% over the past five years. This has caused the dividend yield to gradually increase as MO has increased the dividend payment on an annual basis while its share price deteriorated. One of…
First High-School Education Group Co., Ltd. (FHSEY) Q4 2023 Earnings Call Transcript
First High-School Education Group Co., Ltd. (OTCQB:FHSEY) Q4 2023 Results Conference Call April 25, 2024 8:00 AM ET Company Participants Tommy Zhou – CFO Operator Good day, ladies and gentlemen. Thank you for standing by and welcome to the First High-School Education Group Fiscal Year 2023 Unaudited Financial Results Earnings Conference Call. Currently all participants…
Roper Technologies, Inc. (ROP) Q1 2024 Earnings Call Transcript
Roper Technologies, Inc. (NASDAQ:ROP) Q1 2024 Earnings Conference Call April 26, 2024 8:00 AM ET Company Participants Zack Moxcey – Vice President, Investor RelationsNeil Hunn – President and Chief Executive OfficerJason Conley – Executive Vice President and Chief Financial Officer Conference Call Participants Julian Mitchell – BarclaysDeane Dray – RBC Capital MarketsJoe Vruwink – BairdScott…
Shenandoah Telecommunications Q1 Earnings Preview (NASDAQ:SHEN)
shaunl/E+ via Getty Images I am updating my previous analysis on Shenandoah Telecommunications (NASDAQ:SHEN) in advance of Q1 2024 earnings, which will be released pre-market on Friday, May 3rd. I previously rated Shenandoah a sell for the following reasons: ROI on fiber was too low due to slow customer acquisition and management didn’t seem to…
Japanese FX Intervention: Primed And Ready
Matteo Colombo/DigitalVision via Getty Images By Chris Turner Markets are on high alert Now that USD/JPY has glided through the 155 level, markets are now on high alert for Japanese FX intervention. Recall that 155 had been the level that many in the Japanese banking community had felt would elicit BoJ FX selling operations. That…
Weitz Short Duration Income Fund Q1 2024 Commentary
hyejin kang/iStock via Getty Images The Short Duration Income Fund’s Institutional Class returned +1.16% in the first quarter compared to a +0.45% return for the Bloomberg U.S. Aggregate 1-3 Year Index. For the one-year period ended March 31, 2024, the Fund’s Institutional Class returned +5.46% compared to a +3.56% return for the index. Given the…
Consumers Splurge on Services, Fixed Investment Surges, Imports Drag on GDP
We Are In Q1 2024, our consumers spent very vigorously on services at the fastest growth rate since 2021, adjusted for inflation, but not so vigorously on goods. And private fixed investment jumped at the fastest rate in two years. But dragging on GDP were the trade deficit, which worsened sharply on a majestic surge…
Verizon: Get Paid 6.7% While You Wait For 2024 Catalysts (NYSE:VZ)
marketlan/iStock via Getty Images Written by Sam Kovacs Introduction Since suggesting buying Verizon (NYSE:VZ) in February, the stock has gone… nowhere. That is fine by me, I’m in no rush. Good things take time. Verizon just reported its earnings for the 1st quarter of 2024. Its results were mostly in-line, with EPS of $1.15 beating…
'Asia's MicroStrategy' Metaplanet Buys ¥1 Billion Worth Bitcoin as Pledged
Metaplanet, a publicly-listed Japanese company providing hotel-related and other services, has announced the purchase of ¥1 billion (approximately $6.25 million) worth of Bitcoin. NEW: 🇯🇵 Japanese Public Company Metaplanet just bought $6.25 million worth of #Bitcoin Game theory has started playing out 🚀 pic.twitter.com/EJ19mcO9QF — Bitcoin Magazine (@BitcoinMagazine) April 26, 2024 The company, which is…
Planet Labs: Government Spending On Space Could Signal Launch (NYSE:PL)
Rick_Jo/iStock via Getty Images Planet Labs (NYSE:PL) is a company that primarily offers high frequency geospatial data from their own constellations of satellites, available to customers through their online platform. One of many 2021 SPACs that since fell to earth, the stock has plummeted from an IPO price of $10. While too much hype dominated…
SMH: More AI-Related Catalysts Ahead, Buy The Dip (NASDAQ:SMH)
2d illustrations and photos/iStock via Getty Images It’s quite understandable for some investors to feel fatigued from a seemingly never-ending buzz about AI. Dotcom era-like obsession of media with everything related to “artificial intelligence” has already led to hyped expectations in the tech sector. This April, however, we clearly see a hangover, with many AI-related…
Snap Earnings: Snaps Back From The Dead (NYSE:SNAP)
svetikd/E+ via Getty Images Investment Thesis Investors had long ago called Snap (NYSE:SNAP) as a dead company walking. And yet, its Q1 2024 results put substantial doubt into the bear thesis. And yet, this doubt cuts both ways. On the one hand, this company still has some growth left in the tank. But on the…
Buy Alert: 7-8% Sleep Well At Night Yields With Inflation-Beating Growth
JamesBrey With interest rates at elevated levels and inflation remaining stubbornly high, income-focused investors are becoming increasingly selective, preferring stocks that offer a yield with a comfortable spread above the current risk-free rate. This compensates for the additional risk associated with investing in equities. Additionally, investors seek high-yield stocks whose payouts not only keep pace…
Google Stock: At The Cusp Of An Upside Breakout (NASDAQ:GOOG)
400tmax Alphabet’s (NASDAQ:GOOG) (NASDAQ:GOOGL) strong earnings sheet for the first fiscal quarter resulted in a 12% upsurge in Google’s share price after-hours and the technology company seems set for a new up-leg in the near future as well. Google reported much better than expected results due to a strong, continual recovery in the digital advertising…
O’Keefe Stevens Advisory Q1 2024 Investor Letter
Uwe Krejci/DigitalVision via Getty Images A Welcome Surprise After discussing GrafTech’s (EAF) challenges throughout 2022 and 2023, Groundhog Day came early in 2024, with the stock declining 39% in January. The selloff likely stems from indiscriminate selling by Brookfield Asset Management and shares distributed by BAM due to the fund ending. We were again left…
Carlisle Companies, Inc. (CSL) Q1 2024 Earnings Call Transcript
Carlisle Companies, Inc. (NYSE:CSL) Q1 2024 Earnings Conference Call April 25, 2024 5:00 PM ET Company Participants Mehul Patel – Vice President, Investor RelationsChristian Koch – Chair, President and Chief Executive OfficerKevin Zdimal – Vice President and Chief Financial Officer Conference Call Participants Tim Wojs – BairdSusan Maklari – Goldman SachsGarik Shmois – Loop CapitalBryan…
Dissecting The Current CEF Sell-Off And Opportunities
Adam Gault In this article, we take a quick look at the patterns of the current CEF sell-off and highlight a number of potential opportunities in the space. We see that the start of the most recent sell-off has roughly coincided with the start of April. Specifically, the S&P 500 hit a local high on…
U.S. GDP Growth Slows Markedly, And Inflation Remains The Focus
Darren415 By James Knightley Higher inflation catches the markets’ eye, rather than weaker growth US first quarter GDP growth is an annualised 1.6%, well below the 2.5% consensus expectation, but inflation is hotter with the core PCE deflator up 3.7% annualised versus 3.4% expected. This suggests, assuming no revisions to monthly data, that the core…
Alphabet Q1 2024 Earnings Update (undefined:GOOG)
400tmax …it took Google more than 15 years to reach $100 billion in annual revenue. In just the last 6 years, we have gone from $100 billion to more than $300 billion in annual revenue Despite following Big Tech closely for the last 5 years, this sentence from Thursday’s call still somewhat surprised me! The…
Money Supply Sees Major Jump In Recent Weeks
PM Images By SchiffGold Money Supply is a very important indicator. It helps show how tight or loose current monetary conditions are, regardless of what the Fed is doing with interest rates. Even if the Fed is tight, if Money Supply is increasing, it has an inflationary effect. One key metric shown below is the…
Fibra UNO (FBASF) Q1 2024 Earnings Call Transcript
Fibra UNO (OTCPK:FBASF) Q1 2024 Earnings Conference Call April 25, 2024 2:00 PM ET Company Participants André Arazi – Chief Executive OfficerJorge Solórzano – Chief Financial Officer Conference Call Participants Rodolfo Ramos – Bradesco BBIPablo Monsivais – BarclaysFrancisco Chávez Martínez – BBVA GroupAndre Mazini – Citi Operator Ladies and gentlemen, thank you for standing by….
J Sainsbury plc (JSNSF) Q1 2024 Earnings Call Transcript
J Sainsbury plc. (OTCQX:JSNSF) Q1 2024 Earnings Conference Call April 25, 2024 4:30 AM ET Company Participants Simon Roberts – Chief Executive OfficerBlathnaid Bergin – Chief Financial Officer Conference Call Participants Izabel Dobreva – Morgan StanleyFreddie Wild – JefferiesClive Black – Shore CapitalSreedhar Mahamkali – UBSJames Anstead – BarclaysAnna Schumacher – BNP Paribas Operator Simon…
Crescent Capital Stock: Dividend Coverage Supported By Higher Interest Rates (CCAP)
PM Images Overview The rise of interest rates has left many investors scrambling to find the best deals in the market. Unfortunately, many people in the world are on the wrong side of the cash register; they provide the dividends, interest, and debt for the major corporations in the world and dish out most of…
Eagle Bancorp, Inc. (EGBN) Q1 2024 Earnings Call Transcript
Eagle Bancorp, Inc. (NASDAQ:EGBN) Q1 2024 Earnings Conference Call April 25, 2024 10:00 AM ET Company Participants Eric Newell – Chief Financial OfficerSusan Riel – President and Chief Executive OfficerJan Williams – Chief Credit Officer Conference Call Participants Casey Whitman – Piper SandlerCatherine Mealor – KBWChristopher Marinac – Janney Montgomery Scott Operator Good day and…
IBM Q1: Big Blue Sees Crimson As It Blows Money On HashiCorp
Anne Czichos Timing is everything in markets. When we last covered International Business Machines Corporation (NYSE:IBM) we looked at the results and the valuation and felt that this was almost there at the right level for investors to exit and not look back. Specifically, we said: The only time when it was more expensive was…
James Hardie Industries: Mixed Housing Outlook And A Lack Of Margin Of Safety (NYSE:JHX)
VIKTOR FEDORENKO/iStock via Getty Images Synopsis James Hardie Industries (NYSE:JHX) specializes in the production and sale of fiber cement and fiber gypsum building solutions. JHX’s last three years financial results have shown consistent net sales growth. In addition, it was able to maintain its margins throughout the same period by focusing on selling higher-margin products…
Rogers Corporation (ROG) Q1 2024 Earnings Call Transcript
Rogers Corporation (NYSE:ROG) Q1 2024 Earnings Conference Call April 25, 2024 5:00 PM ET Company Participants Steve Haymore – Director, Investor RelationsColin Gouveia – President and Chief Executive OfficerRam Mayampurath – Senior Vice President and Chief Financial OfficerGriffin Gappert – Vice President and Chief Technology Officer Conference Call Participants Craig Ellis – B. Riley SecuritiesDavid…
Stericycle, Inc. (SRCL) Q1 2024 Earnings Call Transcript
Stericycle, Inc. (NASDAQ:SRCL) Q1 2024 Earnings Conference Call April 25, 2024 9:00 AM ET Company Participants Andrew Ellis – Senior Vice President of FinanceCindy Miller – President and Chief Executive OfficerCory White – Executive Vice President and Chief Commercial OfficerJanet Zelenka – Executive Vice President, Chief Financial Officer and Chief Information Officer Conference Call Participants…
Associated Banc-Corp (ASB) Q1 2024 Earnings Call Transcript
Associated Banc-Corp (NYSE:ASB) Q1 2024 Earnings Conference Call April 25, 2024 5:00 PM ET Company Participants Andrew Harmening – President and Chief Executive OfficerDerek Meyer – Chief Financial OfficerPatrick Ahern – Chief Credit Officer and Chicago Market President Conference Call Participants Daniel Tamayo – Raymond James & Associates, Inc.Jon Arfstrom – RBC Capital MarketsTerry McEvoy…
Edwards Lifesciences Corporation (EW) Q1 2024 Earnings Call Transcript
Edwards Lifesciences Corporation (NYSE:EW) Q1 2024 Earnings Conference Call April 25, 2024 5:00 PM ET Company Participants Mark Wilterding – SVP & IRBernard Zovighian – CEOScott Ullem – CFODaveen Chopra – Global Leader of TMTTLarry Wood – Group President of TAVR and Surgical Structural HeartKatie Szyman – Global Leader of Critical Care Conference Call Participants…
ATN International, Inc. (ATNI) Q1 2024 Earnings Call Transcript
ATN International, Inc. (NASDAQ:ATNI) Q1 2024 Results Conference Call April 25, 2024 10:00 AM ET Company Participants Michele Satrowsky – Corporate Treasurer and Head of InvestorsBrad Martin – Chief Executive OfficerCarlos Doglioli – Chief Financial Officer Conference Call Participants Richard Prentiss – Raymond JamesGreg Burns – SidotiHamed Khorsand – BWS FinancialRobert Beauregard – Global Alpha…
Bears Come Out Of Hibernation
honglouwawa The S&P 500 may have rebounded since this time last week, but sentiment has continued its slide. This week’s AAII Sentiment Survey saw only 32.1% of respondents report as bullish, the lowest percentage since 11/2/23. In total, bullish sentiment has declined 17.9 percentage points since just four weeks ago, when it hit 50%. That…
AppFolio, Inc. (APPF) Q1 2024 Earnings Call Transcript
AppFolio, Inc. (NASDAQ:APPF) Q1 2024 Earnings Conference Call April 25, 2024 5:00 PM ET Company Participants Lori Barker – Investor RelationsShane Trigg – President & Chief Executive OfficerFay Sien Goon – Chief Financial Officer Conference Call Participants Operator Good afternoon. Thank you for standing by and welcome to the AppFolio’s First Quarter 2024 Financial Results…
Fair Isaac Corporation (FICO) Q2 2024 Earnings Call Transcript
Fair Isaac Corporation (NYSE:FICO) Q2 2024 Earnings Conference Call April 25, 2024 5:00 PM ET Company Participants Dave Singleton – Vice President, Investor RelationsWill Lansing – Chief Executive OfficerSteve Weber – Chief Financial Officer Conference Call Participants Manav Patnaik – BarclaysFaiza Alwy – Deutsche BankSurinder Thind – JefferiesKyle Peterson – NeedhamAshish Sabadra – RBCJeff Meuler…
Rubrik: Latest Cybersecurity IPO – Initiating Coverage, Buy Rating (NYSE:RBRK)
hapabapa Rubrik (NYSE:RBRK) is the first major software IPO of the year and came public to great success, with the stock trading 15% higher at the close. I analyze the financial results and discuss the confusing difference between revenue and ARR growth. The company is not yet profitable, but I expect solid margins over the…
Empire State Realty Trust, Inc. (ESRT) Q1 2024 Earnings Call Transcript
Empire State Realty Trust, Inc. (NYSE:ESRT) Q1 2024 Earnings Conference Call April 25, 2024 12:00 PM ET Company Participants Heather Houston – Senior Vice President, Chief Counsel, Corporate & SecretaryTony Malkin – Chairman & Chief Executive OfficerTom Durels – Executive Vice President, Real EstateSteve Horn – Executive Vice President, Chief Financial Officer & Chief Accounting…
Southside Bancshares, Inc. (SBSI) Q1 2024 Earnings Call Transcript
Southside Bancshares, Inc. (NASDAQ:SBSI) Q1 2024 Earnings Conference Call April 25, 2024 12:00 PM ET Company Participants Lindsey Bailes – VP of IRLee Gibson – President and CEOJulie Shamburger – CFO Conference Call Participants Brett Rabatin – Hovde GroupMatt Olney – StephensWoody Lay – KBW Operator Good day, and thank you for standing by. Welcome…
First Foundation Inc. (FFWM) Q1 2024 Earnings Call Transcript
First Foundation Inc. (NYSE:FFWM) Q1 2024 Earnings Conference Call April 25, 2024 11:00 AM ET Company Participants Scott Kavanaugh – President & Chief Executive OfficerJamie Britton – Chief Financial OfficerChris Naghibi – Chief Operating Officer Conference Call Participants David Feaster – Raymond JamesGary Tenner – D.A. DavidsonAndrew Terrell – Stephens Operator Greetings and welcome to…
