Chipotle Mexican Grill, Inc. (NYSE:CMG) Q2 2023 Earnings Conference Call July 26, 2023 4:30 PM ET Company Participants Cindy Olsen – Head of Investor Relations and Strategy Brian Niccol – Chairman and Chief Executive Officer Jack Hartung – Chief Financial officer and Chief Administrative Officer Conference Call Participants Andrew Charles – TD Cowan David Tarantino…
Bipa, a Brazilian startup aiming to simplify financial transactions through Bitcoin, has announced the successful closure of its seed investment round, raising R$8 million (approximately $1.4 million). Notable investors include New Form Capital. a venture capital fund focused on early-stage startups involved with blockchain technology and the financial market and Hivemind Ventures, which invests in…
Airbus SE (OTCPK:EADSF) Q2 2023 Earnings Conference Call July 26, 2023 1:30 PM ET Company Participants Helene Le Gorgeu – Investor Relations Guillaume Faury – Chief Executive Officer Xavier Tardy – Chief Financial Officer Conference Call Participants Benjamin Heelan – Bank of America Robert Stallard – Vertical Research Daniela Costa – Goldman Sachs Olivier Brochet…
This is an opinion editorial by Kevin Melody, a node runner and real estate professional. An “over-unity” power generator (similar to the concept of a perpetual-motion machine) is a hypothetical device that produces more energy than is required to run it. Although there is quite a bit of controversy in this field, the mainstream scientific…
sawaeng wonglakorn/iStock via Getty Images Quick Take On Inno Holdings Inc. Inno Holdings Inc. (INHD) has filed to raise $100 million in an IPO of its common stock, according to an SEC S-1 registration statement. The firm designs and manufactures cold-formed steel framing products. Inno Holdings Inc.’s recent revenue has declined sharply, along with worsening…
Yesterday, Olaoluwa Osuntokun and Michael Levin of Lightning Labs announced the release of a new set of developer tools aimed at empowering the Lightning and AI developer communities to create inclusive and cost-effective Large Language Model (LLM) tooling. These tools leverage the Lightning Network and bitcoin to seamlessly integrate with LLMs. They are built on…
Erika Goldring/Getty Images Entertainment Introduction The Walt Disney Company (NYSE:DIS) is a $158-billion market cap global entertainment company operating in content production, streaming services, theme parks, and licensing. I’m more than sure you know about this company and what it does without my help. The role this company plays in our culture cannot be overestimated…
AI and Bitcoin companies are teaming up to host the Ai4ALL Hackathon, a month-long event aimed at democratizing artificial intelligence with the help of Bitcoin, Lightning and Fedimint. Organized by Fedi and Stak, the hackathon will take place remotely on the BOLT.FUN and Replit platforms from July 1 to July 31, 2023. Participants will have…
Gajus The Merger Deal On July 25, PacWest Bancorp (NASDAQ:PACW) and Banc of California, Inc. (NYSE:BANC) announced their merger in an all-stock transaction. This article starts with a background prior to the merger deal, unpacks key transaction terms, assesses both the tactical and strategic merits of the deal, helps readers to understand each player’s point…
This is an opinion editorial by Heliand, a Bitcoiner with a background in real estate and finance. In the realm of digital currencies, Bitcoin has emerged as a groundbreaking phenomenon, revolutionizing not only the financial landscape but also the way we perceive and interact with money. However, beyond its potential for economic empowerment, Bitcoin holds…
sjharmon/E+ via Getty Images I don’t know whether I “flipped” or “flopped” last September when I finally decided to buy Games Workshop Group PLC (OTCPK:GMWKF), and in that time the shares have returned a gain of about 74% against a gain of about 11.1% for the S&P 500. A more wise man than I would…
This is an opinion editorial by Roy Sheinfeld, the co-founder and CEO of Breez, a Lightning Network mobile app. The more wonderful something is, the more passion it will arouse. Bitcoin is among the greatest wonders of the late-modern world, so Greg Foss is understandably very passionate about it. So passionate in fact, that he…
Justin Sullivan Article Thesis Meta Platforms, Inc. (NASDAQ:META) reported its quarterly earnings results on Wednesday afternoon. The company beat estimates easily and showcased a hefty margin improvement. While shares aren’t ultra-cheap any longer, Meta has a positive earnings growth outlook and shares could climb further, despite a hefty year-to-date rally. What Happened? Meta Platforms, one…
This is an opinion editorial by Julian Liniger, the co-founder and CEO of Relai. Bitcoin exists for a couple of reasons: As money that anyone, anywhere can use, and as a monetary good that is guaranteed not to be diluted or devalued by a central bank. But it’s also a piece of software that deliberately…
fotosipsak Summary Following my coverage on Hubbell Inc (NYSE:HUBB), which I recommended a hold rating (close off any short positions) due to HUBB’s increased profit outlook and the closure of its valuation vs. the S&P 500. This post is to provide an update on my thoughts on the business and stock. I continue to give…
Luxor Technologies, a Bitcoin mining software and services company, has announced the expansion of its Bitcoin mining derivatives contracts. According to a press release sent to Bitcoin Magazine, the new offering from Luxor’s Derivatives Desk includes six-month duration contracts and daily settlement rates, providing market participants with extended contract periods and swift access to liquidity….
Justin Sullivan/Getty Images News Background Foot Locker (NYSE:FL), the worldwide shoe retailer with around 2,700 locations, has seen better days. Despite hitting all-time high revenue of around $9 billion in 2022, investors seem to have recently soured on the company. Koyfin Over the last five years, Foot Locker has turned in a poor showing for…
Pouch has unveiled its latest app feature, “Send Globally,” aimed at simplifying money transfers from the Philippines to U.S. banks. The feature allows Pouch customers, including expats residing in the Philippines, to send Philippine pesos that will be paid out as U.S. dollars to recipients’ U.S. bank accounts. Ethan Rose, CEO of Pouch, emphasized the…
Wabash National Corporation (NYSE:WNC) Q2 2023 Earnings Conference Call July 26, 2023 11:00 AM ET Company Participants Ryan Reed – Senior Director, Corporate Development & Investor Relations Brent Yeagy – President and Chief Executive Officer Mike Pettit – Chief Financial Officer Conference Call Participants Justin Long – Stephens Mike Shlisky – D.A. Davidson Morgan Weisberg…
Coinfinity, an Austrian bitcoin broker, has recently integrated the Lightning Network into its services, allowing customers to make bitcoin purchases with reduced transaction fees and quicker processing times. Thomas Burgstaller, Chief Growth Officer at Coinfinity, highlighted the significance of this integration, stating, “Being this early to market is an important innovation step for us at…
aluxum iShares MSCI South Africa ETF’s (NYSEARCA:EZA) month-over-month surge is not a surprise, given a shift in South Africa’s interest rate outlook and the exchange-traded fund’s (“ETF’s”) updated portfolio composition. Despite the negativity surrounding South Africa, a few structural changes have occurred in recent months that we believe deserve deeper analysis. EZA’s Month-Over-Month Return (Seeking…
Investors’ tendency to prioritize conventional metrics over crypto-specific factors has implications for both Bitcoin the network and Bitcoin the asset. The Digital Disclosure Survey conducted by Broadridge Financial Solutions sheds light on the fact that key metrics such as tokenomics and network performance are often overlooked by investors. This finding raises questions about the extent…
The Boeing Company (NYSE:BA) Q2 2023 Earnings Conference Call July 26, 2023 10:30 AM ET Company Participants Matt Welch – Vice President, Investor Relations Dave Calhoun – President and Chief Executive Officer Brian West – Executive Vice President and Chief Financial Officer Conference Call Participants Sheila Kahyaoglu – Jefferies Peter Arment – Baird Myles Walton…
This is an opinion by Thabo P. Ncube, a Bitcoiner who lived through Zimbabwe’s hyperinflation in 2008. The Reserve Bank of Zimbabwe (RBZ), the fiat custodian and lender of last resort in the country, recently “liberalized” its much-vaunted foreign exchange auction trading system in hopes of selling foreign currencies at market-determined exchange rates through regulated…
13threephotography Since the last time I wrote about the British bio-pharma company GSK plc (NYSE:GSK) in January of this year, its price has barely moved. It has softened by under 2%. It’s year-to-date [YTD] performance is similarly underwhelming, with a 1.3% rise. This lack of price movement is a definite a call to review my…
Joe Raedle Background After its 2Q23 earning release and debt restructuring announcement on July 19, Carvana (NYSE:CVNA)’s stock skyrocketed 50%+ and closed above $55/share. Its 8x YTD stock performance left its peers AutoNation (AN) and CarMax (KMX) in the dust. Data by YCharts 2Q23 Earnings/Debt Restructuring If we take a look at the headlines, it…
Unchained, a Bitcoin custodial services company, has announced the launch of its private client service with collaborative custody. According to a press release sent to Bitcoin Magazine, the new platform called “Unchained Signature” is a “membership-based service that helps high-net-worth individuals, institutions and corporations invest in and manage their bitcoin.” The company compares the experience…
Crane Company (NYSE:CR) Q2 2023 Earnings Call Transcript July 26, 2023 10:00 AM ET Company Participants Jason Feldman – Vice President of Treasury & Investor Relations Max Mitchell – President, CEO and Director Rich Maue – Executive VP and CFO Conference Call Participants Matt Summerville – D.A. Davidson Damian Karas – UBS Nathan Jones –…
Stepan Company (NYSE:SCL) Q2 2023 Earnings Conference Call July 26, 2023 9:00 AM ET Company Participants Luis Rojo – VP & CFO Scott Behrens – CEO, President & Director Conference Call Participants Michael Harrison – Seaport Research Partners Vincent Anderson – Stifel, Nicolaus & Company Dave Storms – Stonegate David Silver – CL King &…
Voxtur Analytics Corp. (OTCQB:VXTRF) Q1 2023 Earnings Conference Call July 26, 2023 9:00 AM ET Company Participants Jordan Ross – Chief Investment Officer Robin Dyson – Chief Financial Officer Gary Yeoman – Chief Executive Officer Conference Call Participants Christian Sgro – Eight Capital Colin Fisher – Garrison Creek Frederic Blondeau – Laurentian Operator Good morning…
Rmcarvalho Thesis Summary Brazil is currently seeing the lowest level of inflation since 2021, and the consensus is that the Central Bank will start to cut interest rates in its next meeting in August. This can lead Nu Holdings (NYSE:NU) to witness an increase in loan originations and an overall increase in spending. That said,…
Phoenix, a Lightning wallet developed by Acinq, has undergone significant improvements with the introduction of splicing technology, resulting in a more efficient and user-friendly experience. Unlike previous versions, which created multiple channels and incurred unpredictable fees, the new Phoenix manages a single dynamic channel, eliminating the need for scattered liquidity and splitting issues. With splicing,…
Custodia, an innovative bitcoin and cryptocurrency bank seeking to establish a charter in Wyoming, took a bold step by filing a groundbreaking lawsuit against the Federal Reserve on June 7, 2022. The legal action stemmed from the Fed’s inexplicable delay in approving Custodia’s application for a “Master Account,” a process that typically takes 5-7 days…
HIVE Digital Technologies Ltd., previously known as HIVE Blockchain, has announced that along with its renaming, the company will be focusing on revenue opportunities with its Nvidia graphics processing unit (GPU) cards in cloud compute technology. HIVE plans to utilize a fleet of 38,000 Nvidia GPUs for computational tasks, expanding its revenue channels while seeking…
This is an opinion editorial by Rune Østgård and Alexander Ellefsen, financial writers based in Norway. Although we don’t have exact numbers on Bitcoin adoption globally, we do know that the global average cryptocurrency adoption rate was estimated to be at about 12% in 2022 and that bitcoin currently has about half of the total…
The Blockchain Association, a nonprofit organization advocating for pro-innovation policies in relation to Bitcoin, has called for an investigation into the Securities and Exchange Commission (SEC) and its approval of Prometheum Ember Capital as a Special Purpose Broker Dealer (SPBD). In a letter to the Inspector General of the SEC, the association raises concerns about…
Lightning HTTP 402 Protocol, also known as L402, is a way to charge for services and authenticate users in distributed networks. It combines two powerful tools — Macaroons, and of course, the Lightning Network. Macaroons are special tokens used for authentication. They include permissions and can be verified using a root key. The documentation states…
This is an opinion editorial by Bitcoms, a Bitcoin writer. “So quick bright things come to confusion” –William Shakespeare, “A Midsummer Night’s Dream” “Inscriptions” are a way of writing pieces of arbitrary information onto the Bitcoin blockchain. “Ordinals” are a convention used for tracking individual sats and linking them to inscriptions. This article does not…
Mutiny Wallet, the first self-custodial Lightning wallet that operates on the web, has officially launched its open beta. According to the release announcement, the wallet aims to solve the onboarding challenge for Bitcoin users worldwide by providing accessibility regardless of location or device. The announcement described the wallet’s mission of catering to the five billion…
CleanSpark Inc. has announced the completion of phase two of its mining campus expansion in Washington, Georgia. The expansion is expected to increase CleanSpark’s bitcoin mining compute power by 1.8 exahashes per second (EH/s) to a total of 8.5 EH/s. The company has set lofty goals of reaching a target of 16 EH/s by the…
Europe is on the verge of witnessing the launch of its first spot bitcoin exchange-traded fund (ETF). The long-awaited debut of the European spot bitcoin ETF comes after a significant delay, which has only intensified the anticipation surrounding its arrival. Coinciding with this news, the United States is also experiencing a surge of interest in…
This is an opinion editorial by David Waugh, a business development and communications specialist at bitcoin investing platform Coinbits. A few weeks ago, BlackRock and other major financial firms filed for permission to offer spot bitcoin exchange-traded funds (ETFs). Though the U.S. Securities And Exchange Commission(SEC) stated that these initial filings were inadequate, forcing the…
This is an opinion editorial by Dea Rezkitha, an Indonesian Bitcoin educator and podcast host. In politics, individuals are often grouped into “left” and “right” wings, but the complexities go well beyond this simple dichotomy. To gain a deeper understanding of people’s beliefs and values, and ultimately how these will inform their outlook on Bitcoin,…
This is an opinion editorial by Bitcoin Graffiti, a software developer and graffiti artist. Source “Those things which I am saying now may be obscure, yet they will be made clearer in their proper place.” –Nicolaus Copernicus In the annals of history, Nicholas Copernicus is celebrated as the groundbreaking astronomer who toppled the geocentric view…
This is an opinion editorial by Fernando Nikolic, the director of marketing and communications for Blockstream. “Bitcoin is not for everyone.” It’s a bold statement that may seem counterintuitive when the goal is mass adoption. After all, shouldn’t we aim to convince everyone about the benefits of Bitcoin? Well, the truth is, we can’t. And…
Geyser, a leading Bitcoin grant organization, has announced the launch of its fifth Bitcoin grant, aimed at supporting educational initiatives and community-based programs focused on Bitcoin. The grant opens up opportunities for campaigns that promote and bolster Bitcoin schools and communities worldwide. Mick Morucci, CEO of Geyser, emphasized the importance of Bitcoin for underserved populations,…
Binance, one of the world’s leading cryptocurrency exchanges, has successfully integrated Bitcoin (BTC) onto the Lightning Network, enabling faster and more efficient transactions. As of today, users can now deposit and withdraw Bitcoin (BTC) using the Lightning Network on the Binance platform. The integration of Bitcoin on the Lightning Network marks a significant milestone for…
This is an opinion editorial by Tali Lindberg, a mother, the co-founder of Free Market Kids and host of “Orange Hatter: Bitcoin Podcast For Busy Women.” Typically, Bitcoin meetups come in two types: “BitDevs” and “plebs.” In the former, coders gather to discuss technical developments in the Bitcoin ecosystem, and the discussions are heavy with…
This is an opinion editorial by Phil Harvey, the CEO of cryptocurrency mining consultancy Sabre56. Launching the first unequivocally positive news cycle for the Bitcoin space since the collapse of FTX, BlackRock recently decided to file for a spot bitcoin exchange-traded fund (ETF). Within a few days, two additional behemoth money managers joined BlackRock as…
Speaking at a Heal-the-Divide PAC event, Democratic Presidential Candidate Robert F. Kennedy Jr. outlined specific Bitcoin-focused policies that he would enact as president, including gradually backing the U.S. dollar with bitcoin and making bitcoin profits exempt from capital gains taxes. “My plan would be to start very, very small, perhaps 1% of issued T-bills would…