EVS Broadcast Equipment SA (OTCPK:EVSBY) Q2 2023 Earnings Conference Call August 18, 2023 9:30 AM ET Company Participants Serge Van Herck – Chief Executive Officer Veerle De Wit – Chief Financial Officer Benoit Quirynen – Senior Vice President, Strategy Conference Call Participants Guy Sips – KBC Securities Alexander Craeymeersch – Kepler Cheuvreux David Vagman –…
LumerB Introduction Ripple (XRP-USD), a pioneering blockchain network, has seen its native coin XRP rise to become the fifth-largest cryptocurrency by market cap. Investor sentiment towards Ripple has shifted since the latest ruling in the long-standing SEC-Ripple case. Following the announcement of the ruling, Ripple’s native coin XRP resumed trading on certain crypto exchanges that…
SweetBunFactory Equities have emerged as the unexpected winner across various asset classes this year, mostly driven by large cap technology companies amid the AI frenzy. That happened despite rising interest rates and inflation, as well as slowing economic growth across many major developed economies. It may be fair to say that mid-cap stocks, which are…
Sean Anthony Eddy Dear subscribers, In this article, I’m going to take a look again at Ventas, Inc. (NYSE:VTR), one of the highest-rated and highest-quality healthcare real estate investment trusts, or REITs, we currently cover and consider a “BUY.” Ventas is a company I’ve covered in mixed articles, but I haven’t covered it in any…
naphtalina/iStock via Getty Images Investment briefing Much of the equity performance in NuVasive, Inc. (NASDAQ:NUVA)’s equity stock hinges on the outcome of its merger with Globus Medical (GMED). I covered this extensively in the last publication (see it here). Since then, the Federal Trade Commission (“FTC”) has entered the party, and although fashionably late, it…
9parusnikov I am revisiting my Q1 thesis on Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) in light of Q2 earnings. Looking back on my Q1 analysis, I was bullish on Turkcell with a buy recommendation. Three key factors played into my recommendation. First and foremost, Q1 earnings showed impressive growth across the business. Growth was especially strong…
Saturn Oil Should Go to the Moon zhengzaishuru I first started buying shares of Saturn Oil & Gas Inc. (TSX:SOIL:CA, OTCQX:OILSF) about a year ago. Since then, they have completed a transformative acquisition of Ridgeback Resources Inc. Despite very attractive metrics for both the acquisition and the pro forma combined company, the shares have been…
Doucefleur The RIVN Investment Thesis Remains Viable, But With Some Patience We previously covered Rivian Automotive (NASDAQ:RIVN) in July 2023, discussing its surprising FQ2’23 production and delivery report, well exceeding its FQ1’23 numbers. Despite our previous scepticism, it appeared that we had been proven wrong then. For now, thanks to the delivery beats, RIVN has…
Sunlands Technology Group (NYSE:STG) Q2 2023 Earnings Call Transcript August 16, 2023 3:30 AM ET Company Participants Yuhua Ye – Investor Relations Tongbo Liu – Chief Executive Officer Hangyu Li – Financial Controller Conference Call Participants Operator Ladies and gentlemen, thank you for standing by, and welcome to Sunlands Second Quarter 2023 Earnings Conference Call….
Rasica/iStock via Getty Images Investment thesis Recently, UNESCO warned regarding the imminent risk of a global water crisis. Honestly speaking, we are already amid the global water crisis in my opinion. According to UNESCO, 26% of the global population does not have safe drinking water and 46% lack access to safely managed sanitation. That said,…
tadamichi Written by Nick Ackerman. For some background, here is my view on dividend growth stocks: Dividend growth stocks aren’t always the most exciting investments out there. They often aren’t grabbing the headlines, and they aren’t the stocks running up hundreds of percentages in a year. In fact, they are often some of the least…
The Estée Lauder Companies Inc. (NYSE:EL) Q4 2023 Earnings Call Transcript August 16, 2023 9:30 AM ET Company Participants Rainey Mancini – Senior Vice President of Investor Relations Fabrizio Freda – President, and Chief Executive Officer Tracey Travis – Executive Vice President, and Chief Financial Officer Conference Call Participants Steve Powers – Deutsche Bank Dara…
StealthGas Inc. (NASDAQ:GASS) Q2 2023 Results Conference Call August 18, 2023 11:00 AM ET Company Participants Michael Jolliffe – Chairman Harry Vafias – CEO Konstantinos Sistovaris – IR Conference Call Participants Tate Sullivan – Maxim Group Climent Molins – Value Investor’s Edge Operator Good day, and thank you for standing by. Welcome to the StealthGas…
andreswd/E+ via Getty Images Largely speaking, every other early stage biopharma I cover starts out with a candidate targeting some form of leukemia/lymphoma. Here’s one more to add to that list – Enliven Therapeutics, Inc. (NASDAQ:ELVN) – a phase 1 stage recently launched company with a ~$600mn valuation. Although I said “recently launched,” Enliven is…
shank_ali A Hold Rating for SunCoke Energy, Inc. This analysis suggests a Hold rating for shares of SunCoke Energy, Inc. (NYSE:SXC), an independent Lisle, Illinois-based producer of metallurgical coke from its coke plants in the United States and Brazil. The benefit of holding a position in SunCoke Energy comes from a portfolio of metallurgical coke…
nndanko The bearish case against SNDL (NASDAQ:SNDL) is tangible and still developing on the back of consistent quarterly losses and a liquidity position besieged by these losses. The Calgary-based cannabis and liquor retailer just reported its fiscal 2023 second-quarter earnings that saw revenue grow by 9.3% over its year-ago comp to C$244.5 million with a…
shih-wei ETF Profile Investors on the lookout for low-cost, small-cap oriented investment vehicles may consider dabbling with the iShares Core S&P Small-Cap ETF (NYSEARCA:IJR). With close to $70bn in AUM accumulated over 23 years, IJR comes across as the most popular ETF in this space. With a lowly expense ratio of just 0.06%, it’s easy…
According to the report, the company recorded a profit of $55 million on revenue of $1.5 billion during the first three months of the year after two consecutive years of losses. Elon Musk‘s aerospace company, SpaceX, has managed to turn a profit in the first quarter of 2023, propelled by its rapidly increasing revenue, The…
JHVEPhoto Investment Thesis Domino’s Pizza Inc. (NYSE:DPZ) is the worlds largest pizza chain and leader in quick-service restaurant (QSR) pizza. The company operates over 19,500 stores in more than 90 markets, using its leading-edge technology to provide convenience, quality, and competitive prices to customers worldwide. Domino’s estimates that the pizza industry was worth $120 billion…
The change will take effect from August 31, meaning that creators may no longer blacklist NFT marketplaces that don’t enforce royalties. Popular non-fungible token (NFT) marketplace OpenSea is planning to turn off its royalty enforcement tool – Operator Filter. The idea, according to a recent blog post is to stop creators from receiving additional fees…
ronstik/iStock via Getty Images Investment thesis Installed Building Products, Inc. (NYSE:IBP) IPO in 2014. By 2022, its revenue had increased by 5-fold while its total assets had risen by 8 times. But the growth came from a combination of acquisitions and tailwinds from a growing construction sector. Since its IPO, it undertook 74 acquisitions spending…
As the global economic downturn continues, especially with headwinds in China, the Nikkei 225 recorded a big weekly loss as stocks fell. The Japanese Nikkei 225 index has seen its largest weekly loss in eight months. On Friday, the Nikkei average posted the loss following problems stemming from the outlook on the Chinese economy. For the week…
georgeclerk/E+ via Getty Images Introduction A small beat on the top line didn’t suffice when the bottom line was missed by quite a lot in the latest earnings report from Hippo Holdings Inc. (NYSE:HIPO). The company is taking a different approach to the home insurance industry by combining a variety of popular techniques right now,…
Along with Bitcoin Omni Layer, Tether has also decided to discontinue the stablecoin versions of Bitcoin Cash and Kusama. Tether, the issuer of the world’s largest stablecoin USDT, has announced to discontinue its Bitcoin Omni Layer version amid the lack of interest from the users. This Bitcoin stablecoin from Tether was one of the first…
David Gyung Introduction: UiPath – Pioneering the Future of Robotic Automation processing with AI Integration In this article, I will share one of my latest discoveries. I firmly recommend a STRONG BUY rating for UiPath (NYSE:PATH), an RPA company at the forefront of his guild, came to stay and define the new era of AI…
Xpeng shares fell because the company’s loss increased in Q2 2023. However, deliveries and revenue are still looking good even for Q3. Shares of Chinese electric vehicle Xpeng Inc (HK: 9868) fell over 7% after the company announced disappointing figures for Q2 2023. Xpeng reported a loss of 2.8 billion yuan, higher than the 2.7 billion yuan…
PM Images Sometimes the stock market doesn’t make sense, as some equities look overpriced while others look undervalued. I have never heard someone complain about purchasing items at a discount on Black Friday or Cyber Monday, yet people worry when good companies go on sale in the stock market. I am a long-term investor, so…
This is an opinion editorial by Captain Sidd, a finance writer and explorer of Bitcoin culture. I want to tell you about a personal transformation that I underwent last year while I crossed the U.S., visiting over 30 Bitcoin meetups around the country. In a little over three months, I covered 11,000 miles of country…
Madison Square Garden Sports Corp. (NYSE:MSGS) Q4 2023 Earnings Conference Call August 17, 2023 10:00 AM ET Company Participants Ari Danes – Investor Relations David Hopkinson – President and Chief Operating Officer Victoria Mink – Executive Vice President, Chief Financial Officer and Treasurer Conference Call Participants David Karnovsky – JPMorgan Brandon Ross – LightShed Partners…
Securitize intends to improve liquidity and transparency by transferring private investments onto public blockchains like Ethereum, Avalanche, Polygon, and Algorand. Securitize, a New York-based company focused on expanding investor and business access to tokenized alternative assets, announced Friday the acquisition of Onramp Invest, an asset management firm backed by Coinbase. According to an official press…
koya79/iStock via Getty Images Summary Two indicators we follow suggest the three-week market correction is over and a rally is about to begin. The rally should last a minimum of four weeks, probably longer. One indicator suggests the major market index to use is the QQQ, or leveraged variants of it. Because of the short-term…
Cypher Protocol announced this groundbreaking achievement via a post on its official X account on Thursday. In a recent development, Solana-based decentralized futures exchange, Cypher Protocol has successfully frozen about $600,000 worth of crypto that were stolen during a security exploit recorded on August 7th. According to the post, over 50% of the funds stolen…
StefaNikolic/E+ via Getty Images Arcos Dorados Holdings Inc (NYSE:ARCO) is recognized as the largest restaurant operator in Latin America and the Caribbean, leveraging the McDonald’s Corp. (MCD) brand recognition through more than 2,317 franchise locations. It’s fair to say consumers in the region are Lovin’ It, based on the impressive growth the company has seen…
This article aims to examine prominent crypto marketing agencies that have demonstrated reliability over the course of a decade. They have assisted numerous companies in achieving exponential growth from their inception. In the dynamic world of cryptocurrencies, tales of rapid traction still happen, yet not always. Cryptocurrency firms, once in the shadows, suddenly find themselves…
jhorrocks/E+ via Getty Images Listen below or on the go on Apple Podcasts and Spotify U.S. home sales see first monthly slump since April while long-term mortgages exceed 7%. (00:34) China Evergrande (OTC:EGRNF) files for Chapter 15 bankruptcy in New York. (01:58) CVS Health (CVS) says no near-term impact from PBM contract loss. (02:24) This…
Evergrande’s affiliate Tianji Holdings and the company’s subsidiary Scenery Journey have also filed for Chapter 15 protection in the US court. Evergrande Group, the Chinese second-largest property developer, has filed for Chapter 15 bankruptcy protection in the Manhattan bankruptcy court. The application would allow Evergrande to protect its assets in the US while it is working on a…
Scott Olson/Getty Images News Over the last ten years, Domino’s Pizza (NYSE:DPZ), recognized as the globe’s largest pizza franchise, has proven to be an exceptional investment choice. Its stock performance has been nothing short of remarkable, surpassing the SPY (SPY) index by an impressive 369%. Often hailed as a “Wall Street Favorite,” the company has…
As part of its CBDC Partner Program, Mastercard has joined hands with prominent CBDC leaders and payment giants to work along with the central banks to bring CBDCs to the market under a regulatory framework. On Thursday, August 17, global payments giant Mastercard disclosed its CBDC partner program while naming initial partners as Ripple and…
designer491/iStock via Getty Images Thesis Summary Sea Limited (NYSE:SE) has seen its stock tumble 25% following earnings. Not only was growth lacklustre, but the lack of guidance was disappointing. Sea faces stiff competition in the eCommerce segment, and growth in its financial arm has fallen off a cliff. The company has greatly improved its cash…
The Ether futures ETF tracks the futures contract of Ethereum. The US Securities and Exchange Commission (SEC) is reportedly ready to approve Ether futures exchange-traded funds (ETFs), according to Bloomberg. Thus, its approval would mark a significant milestone for investors looking to gain exposure to the second-largest cryptocurrency by market capitalization. So far, there have…
Morsa Images/DigitalVision via Getty Images Tennant Company (NYSE:TNC) manufactures floor cleaning equipment internationally. TNC recently posted solid Q2 FY23 results. They were able to grow their revenues and net income in this quarter. I will analyze its Q2 FY23 results in this report. I believe they are undervalued with a lot of upside potential. Hence…
The price of Bitcoin (BTC), the world’s largest digital asset, plummeted as much as 9% today, briefly trading at under $25,000. The largest cryptocurrency by market cap is trading for $26,494 as of this writing, according to CoinGecko. This unexpected and dramatic Bitcoin price decline has re-focused attention on Bitcoin, prompting concerns about its intrinsic…
eric1513 In my previous article, I argued that the Black Knight (NYSE:BKI) and (ICE) merger presented a compelling buy opportunity as the leading provider of software and data solutions for the mortgage industry. I highlighted the company’s strong competitive position, robust financial performance, and attractive valuation. I also discussed the pending acquisition by Intercontinental Exchange…
Coinbase noted that Tether’s USDT doesn’t meet their listing standards for Canada and thus they decided to suspend the stablecoin. By the end of this month on August 31, crypto exchange Coinbase has decided to suspend the trading of Tether’s USDT stablecoin along with DAI, and RAI, for Canadian users. The crypto exchange sent an…
liulolo/iStock via Getty Images I think IonQ could be a hundred-billion-dollar company and represent this decade’s largest return on investment. There will be casualties and disappointments in this sector, but in my mind, IonQ is already approaching the winners’ circle; a quantum advantage in 2025 is realistic for IONQ. It is years ahead of its…
Collar more gains the market as at-the-money call options get more valuable than put optionsdirection marchmeena29 As call options get more expensive than puts, a traditional option collar strategy can lock in more gains on stocks you own. Sometimes the obvious sneaks up at you - even when it’s so clear in hindsight. But I…
Viktor Aheiev By Padhraic Garvey, CFA, Regional Head of Research, Americas The US economy continues to refuse to lie down – a key driver of long rates At the beginning of 2023 marketing budgets were cut, in anticipation of a period of hunkering down. US CEO confidence had already nose-dived as 2023 approached, as had…
tum3123 Multiple factors may continue to push U.S. interest rates higher and increase risk to bond investors, but select emerging markets have generally been weathering these ongoing DM-led adverse scenarios. In July, the VanEck Emerging Markets Bond Fund (MUTF:EMBAX) was up 1.63% compared to up 2.34% for its benchmark (50% J.P. Morgan Government Bond Index-Emerging…
Milan Markovic/E+ via Getty Images Summary European Wax Center (NASDAQ:EWCZ) is a franchisor and operator of out-of-home [OOH] waxing services. Readers may find my previous coverage via this link. My previous rating was a buy, as I believed EWCZ would generate decent returns for existing shareholders at the previous valuation. I am revising my rating…
We’re very excited about what we’re seeing in small caps and believe the tide is turning after a difficult 2022. Valuations are attractive, and there is growing evidence that a small-cap leadership regime is in its early innings. And while we’re encouraged about small caps as an asset class, we’re even more optimistic about small-cap…