Federal Reserve Watch: Too Much Money Around?

Gearstd We wonder why the economy continues to grow. We wonder why the stock market continues to rise. And, we wonder what the Federal Reserve is going to do next. Well, one major reason why we are not getting the recession, getting the downturn that most investors wanted, is because the economy has lots and…

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L.B. Foster Company (FSTR) Q2 2023 Earnings Call Transcript

L.B. Foster Company (NASDAQ:FSTR) Q2 2023 Earnings Conference Call August 8, 2023 8:00 AM ET Company Participants Stephanie Schmidt – Investor Relations, Manager John Kasel – President and CEO William Thalman – CFO Conference Call Participants Alex Rygiel – B. Riley Securities Brett Kearney – Gabelli Funds Chris Sakai – Singular Research Operator Good day,…

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Should You Buy Verizon For Its 7.90% Yield? (NYSE:VZ)

photobyphm Verizon Communications (NYSE:VZ) offers a high-dividend yield that is sustainable and its shares are undervalued, being therefore a good income play right now. Company Overview Verizon is a leading telecommunications provider in the U.S., offering wireline, data services, wireless, and internet services. Its operations are reported under two main segments, namely the Consumer Group…

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Star Equity Holdings, Inc. (STRR) Q2 2023 Earnings Call Transcript

Star Equity Holdings, Inc. (NASDAQ:STRR) Q2 2023 Results Conference Call August 11, 2023 10:00 AM ET Company Participants Rick Coleman – Chief Executive Officer Dave Noble – Chief Financial Officer Jeffrey Eberwein – Executive Chairman Conference Call Participants Tate Sullivan – Maxim Group Theodore O’Neil – Litchfield Hills Research Operator Greetings, ladies and gentlemen, and…

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Oi S.A. (OIBZQ) Q2 2023 Earnings Call Transcript

Oi S.A. (OTC:OIBZQ) Q2 2023 Earnings Call Transcript August 11, 2023 10:00 AM ET Company Participants Rodrigo Abreu – Chief Executive Officer Cristiane Barretto – Chief Financial Officer Luis Plaster – Investor Relations Director Conference Call Participants Operator Good morning, ladies and gentlemen, and thank you for joining Oi S.A.’s Conference Call for the Second…

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CHN: China CEF Looking Attractive (NYSE:CHN)

da-kuk Thesis The bad news does not seem to stop out of China these days, with property developers in deep trouble and a general economic malaise that is leading the country to experience deflation. People were predicting a vigorous ‘V’ shaped recovery that wasn’t. While American tech companies have been brought back to life by…

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BKT: A Conservative Bond Fund For Income

Marat Musabirov There can be little doubt that one of the biggest problems facing the average American today is the incredibly high level of inflation that has been persisting in the economy over the past two years or so. We can clearly see how high the current rate of inflation is by looking at the…

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The Oncology Institute, Inc. (TOI) Q2 2023 Earnings Call Transcript

The Oncology Institute, Inc. (NASDAQ:TOI) Q2 2023 Earnings Conference Call August 8, 2023 5:00 PM ET Company Participants Mark Hueppelsheuser – General Counsel Dan Virnich – Chief Executive Officer Mihir Shah – Chief Financial Officer Conference Call Participants Taji Phillips – Jefferies Operator Good afternoon ladies and gentlemen and welcome to The Oncology Institute’s Second…

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Ripple CTO Schwartz Comments on Requirements Issued by Fed on Banks Transacting with PayPal Stablecoin

David Schwartz seems unsurprised that the Fed is reacting negatively to the new stablecoin issued by PayPal. Ripple’s chief technology officer (CTO) David Schwartz has commented on the increased regulatory requirements imposed by the US Fed for the country’s cryptocurrency environment.  Schwartz tweeted a shady remark, referring to PayPal’s newly launched stablecoin (PYUSD) and whether or not…

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Acumen Pharmaceuticals, Inc. (ABOS) Q2 2023 Earnings Call Transcript

Acumen Pharmaceuticals, Inc. (NASDAQ:ABOS) Q2 2023 Earnings Conference Call August 8, 2023 8:00 AM ET Company Participants Alex Braun – Head-Investor Relations Dan O’Connell – Chief Executive Officer Eric Siemers – Chief Medical Officer Matt Zuga – Chief Financial Officer & Chief Business Officer Conference Call Participants Colin Bristow – UBS Paul Matteis – Stifel…

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VISA Allows Users to Pay Ethereum Gas Fees via Credit Card

Visa’s solution revolves around Ethereum’s ERC-4337 account abstraction standard and the utilization of a “paymaster” smart contract feature which allows off-chain settlements of gas fees. On Thursday, August 10, payments giant Visa Inc made an important announcement allowing users to pay the on-chain Ethereum gas fees directly in fiat currencies, either using a credit or…

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Iterum Therapeutics plc (ITRM) Q2 2023 Earnings Call Transcript

Iterum Therapeutics plc (NASDAQ:ITRM) Q2 2023 Earnings Conference Call August 11, 2023 8:30 AM ET Company Participants Louise Barrett – Senior Vice President, Legal Affairs Corey Fishman – Chief Executive Officer Judy Matthews – Chief Financial Officer Conference Call Participants Thomas Yip – H.C. Wainwright Operator Good morning, and welcome to the Iterum Therapeutics Second…

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Canada to Create Solutions for Storing Seized Crypto Assets

While the primary focus is on cryptocurrencies, the RCMP acknowledges the importance of including NFTs in its approach. In Canada, the Royal Canadian Mounted Police (RCMP) and Shared Services Canada (SSC) are collaborating to develop a groundbreaking digital asset solution aimed at streamlining the seizure and storage of crypto and Non-Fungible Tokens (NFTs) from multiple…

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Startek, Inc. (SRT) Q2 2023 Earnings Call Transcript

Startek, Inc. (NYSE:SRT) Q2 2023 Earnings Conference Call August 10, 2023 5:00 PM ET Company Participants Bharat Rao – Global Chief Executive Officer Neeraj Jain – Global Chief Financial Officer Conference Call Participants Alex Paris – Barrington Research Zach Cummins – B. Riley Security Operator Good afternoon, everyone, and thank you for participating in today’s…

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Exponential Adoption Comes With High Risk – Considering Nvidia’s Path From Here

Justin Sullivan By Christopher Gannatti, CFA Nvidia (NVDA) has done an incredible job of becoming synonymous with the term “artificial intelligence.” That is the combined effect of great messaging, great marketing, great vision and amazing technology. Efforts made and decisions taken years ago are, through the magic of compounding and Moore’s Law, bearing fruit today….

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TriplePoint Venture Growth: I Am Aggressively Jumping On This 14% BDC Yield (NYSE:TPVG)

Dilok Klaisataporn A new investment opportunity has emerged, in my view, for TriplePoint Venture Growth (NYSE:TPVG) whose stock price dropped after the business development company presented second quarter earnings in the previous week. TriplePoint Venture Growth BDC remains an appealing choice for passive income investors despite an increase in bad loans, because it continues to…

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Bittrex Agrees to Pay $24M to Settle with SEC for Failing to Register as National Securities Exchange

The US SEC filed a complaint against Bittrex on April 17 with the US District Court for the Western District of Washington alleging the exchange listed unregistered securities. The United States Securities and Exchange Commission (SEC) counted another win against the cryptocurrency market on Thursday after digital asset exchange Bittrex agreed on a $24 million…

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Circle Relies on $1B Cash Reserve to Fight Competition

Circle revealed that it is actively pursuing partnerships to promote the adoption of USD Coin. Prominent Stablecoin issuer Circle is demonstrating its commitment to adaptability and resilience as it faces renewed competition from unexpected players. As non-crypto giants such as PayPal Holdings Inc (NASDAQ: PYPL) enter the field, Circle’s CEO Jeremy Allaire revealed in an…

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Binance Labs Supports Curve Finance with $5M Investment to Aid Recovery from Recent Hack

The injection of $5 million from Binance Labs transcends a simple financial transaction; it represents a collaborative effort focused on strengthening Curve’s security infrastructure and aiding the protocol in recovering its stability. Binance Labs, the investment arm of the world’s largest crypto exchange Binance, has committed a substantial $5 million investment in Curve DAO Token…

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TORM: Stock Price Is Likely To Follow Revenue Decline (NASDAQ:TRMD)

Travel Faery/iStock Editorial via Getty Images Investment thesis Last year, TORM plc (NASDAQ:TRMD) was one of the primary beneficiaries of the sanctions against the Russian oil exports caused by the war in Ukraine. These disruptions significantly affected all transportation routes and favorably disrupted marine transportation tariffs. The company earned record profits last year, but the…

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