Tippapatt/iStock via Getty Images A Quick Take On Integral Ad Science Integral Ad Science (NASDAQ:IAS) reported its Q2 2023 financial results on August 3, 2023, beating both revenue and EPS consensus estimates. The firm provides enterprises with a range of online advertising monitoring and related technologies to maximize their brand performance across digital platforms. I…
Analog Devices, Inc. (NASDAQ:ADI) Q3 2023 Earnings Conference Call August 23, 2023 10:00 AM ET Company Participants Michael Lucarelli – VP, IR and FP&A Prashanth Mahendra-Rajah – CFO Vincent Roche – CEO & Chair of the Board of Director Conference Call Participants Tore Svanberg – Stifel Vivek Arya – Bank of America Securities Ambrish Srivastava…
Bitcoin ATM network company ByteFederal Australia has officially launched in Australia, according to a press release shared with Bitcoin Magazine. “The launch of ByteFederal Australia marks an exciting milestone in our mission to democratize access to the digital asset ecosystem,” said Alek Trpkoski, Managing Director of ByteFederal Australia. “We are dedicated to providing our customers with a…
da-kuk Broadcom’s (NASDAQ:AVGO) strategy of AI driving growth while it continues to buy expensive companies to generate growth may not be a promising idea given the state of the company’s balance sheet and the interest rate environment. We would avoid the stock and detail our thesis below. Broadcom – The business Broadcom sells semiconductor and…
halbergman Investment Thesis The cannabis industry is in its early stages, and selecting a clear winner amid the many contenders is a challenging feat. For those new to the sector’s nuances, this terrain might seem overwhelming. However, understanding a few key challenges and markers can significantly enhance your chances of placing a bet on a…
Matteo Colombo Introduction Although I own a number of higher-yielding investments, my investment strategy is mainly focused on dividend growth. Despite that focus, I have a wide range of higher-yielding stocks on my radar. One of them is Camden Property Trust (NYSE:CPT), one of the best-performing REITs on the market. This company has an impressive…
Anastasiia Burlakova/iStock via Getty Images Onto Innovation (NYSE:ONTO) announced on August 10 its Q2 2023 earnings to much fanfare. Its Q2 Non-GAAP EPS of $0.79 missed by $0.05. Revenue of $190.66M (-25.6% Y/Y) missed by $12.34M. The stock is currently trading flat since the call because of hyperbole surrounding its AI (artificial intelligence) efforts, which…
JamesBrey Note: All amounts discussed are in Canadian Dollars On our last coverage of Fortis Inc. (NYSE:FTS) (TSX:FTS:CA), we gave it a pass while acknowledging it was very close to a failing grade on raw valuation. Specifically, we said: Nonetheless, if you add the 20.3X earnings multiple and the 6X debt to EBITDA, we have…
champc There have been many cross currents at play in 2023, which has made this year a tough year for investors. For example, we’ve seen one of the most inverted yield curves in modern market history, decelerating domestic liquidity, the threat of a looming recession, all coupled with a string of large failing banks. This…
Robert Way Alibaba’s stock (NYSE:BABA) has largely traded range-bound this year – finding repeated support at the $80s and resistance at the low $100s since topping $120 at the beginning of the year. The trend is consistent with the stock’s latest rally from the low $80s in June towards the low $100s in early August,…
onurdongel Archrock, Inc. (NYSE:AROC) recently noted intentions to lower the debt levels, and announced further capital expenditures to cope with the growing demand from customers. Management also noted increases in average operating horsepower and horsepower utilization, which may lead to larger FCF margin in the near future. I believe that there are several risks with…
Jean-Luc Ichard The Compagnie de Saint-Gobain (OTCPK:CODGF) (OTCPK:CODYY) (or just Gobain for short) has always been a solid, specialised building materials pick that flies somewhat below the radar on European markets. What is surprising is their continued organic growth in the face of volume pressures, and what’s been a boon are their exposures to some…
guvendemir Before the pandemic hit the world, including the aerospace industry, the industry was going through a round of consolidation. That abruptly came to an end with one of the terminated mergers being the combination of Hexcel (HXL) and Woodward (NASDAQ:WWD). Since then, Hexcel stock has gained 131% vs. 110%. Those might seem like impressive…
Igor Kutyaev The first half of 2023 saw the beginning of a banking crisis that will have repercussions for years to come, which will lead to a period of consolidation within the banking industry as well as a rethink of the role of banks in the US economy. During this period of significant stress, it…
Start Time: 20:30 January 1, 0000 9:59 PM ET Woolworths Group Limited (OTCPK:WOLWF) Q4 2023 Earnings Conference Call August 22, 2023, 20:30 PM ET Company Participants Brad Banducci – Managing Director and CEO Stephen Harrison – CFO Amanda Bardwell – Managing Director, WooliesX Von Ingram – Managing Director, W Living Natalie Davis – Managing Director,…
f9photos Investment Thesis Unilever (NYSE:UL) stands as a multinational consumer goods enterprise celebrated for its extensive array of offerings encompassing personal care, food, and household products. Boasting a storied legacy that spans numerous decades, Unilever has firmly positioned itself as a prominent figure within the worldwide market, emphasizing innovation, sustainability, and ethical commitment. Unilever Portfolio…
sduben Reader Selections Since May 2017, any dividend-paying stock mentioned in a message, e-mail or comment to the author is fair game for a reader favorite listing in this series of articles. Thus, It’s possible that only rogues and discontinued, or dreadful, doubtful, dividend issues may appear. Lately readers and other contributors have questioned the…
TERADAT SANTIVIVUT Written by Nick Ackerman, co-produced by Stanford Chemist. BlackRock 2037 Municipal Target Term Trust (NYSE:BMN) came to the market on October 26th, 2022. The fund is a bit unusual in that it went for the target term structure rather than the more common term structure in the last several years for closed-end funds….
Peloton sales and subscriber growth fell in Q4 2023 as expected, due to a traditional Q4 slowdown and a recall that affected 2 million bikes. American exercise equipment company Peloton Interactive (NASDAQ: PTON) saw its shares plunge nearly 30% in premarket trading after it posted disappointing figures for fiscal Q4 2023. As of this writing, Peloton stock…
Bill Pugliano Written by Nick Ackerman. Kellogg (NYSE:K) posted their Q2 results that topped EPS estimates but missed slightly on revenue. Still, revenue grew by around 4.6% year-over-year, even with such a slight miss. For adjusted EPS, it was good for an increase of 5.9% year-over-year. We received another dividend increase since our last update…
Recent data have left analysts optimistic about what the future holds for Bitcoin and the largest altcoin Ether (ETH). Miners may be paying no attention to the recent BTC price slump as on-chain data suggests that mining difficulty has hit new all-time highs. In the past week, BTC/USD has dipped by at least 11%, however,…
Reptile8488/iStock via Getty Images Market Commentary Markets were positive in Q2 2023, with US stocks rising over 8% (as measured by the Russell 3000 Index), bringing YTD gains to roughly 16%. Continuing the YTD trend, large-cap stocks led in Q2, rising almost 9%, while mid-cap stocks rose nearly 5% and small-cap stocks rose just over…
3AC stated that BlockFi’s efforts to downsize its claims might infringe upon the bankruptcy protection it received through Chapter 15. Troubled crypto lender BlockFi is looking to push back the efforts from FTX and Three Arrows Capital (3AC) in order to recover billions of dollars of funds. In its court filings on Monday, August 21,…
ipopba Market Commentary Markets were positive in Q2 2023, with US stocks rising over 8% (as measured by the Russell 3000 Index), bringing YTD gains to roughly 16%. Continuing the YTD trend, large-cap stocks led in Q2, rising almost 9%, while mid-cap stocks rose nearly 5% and small-cap stocks rose just over 5% (as measured…
The lack of definitive information raised concerns about the depth of Atomic Wallet’s understanding of the breach and its ability to prevent similar incidents in the future. Non-custodial decentralized Atomic Wallet has reportedly found itself embroiled in a legal battle as aggrieved investors file a class action following a major security breach that resulted in…
GaryAlvis I most recently wrote on Dream Industrial REIT (TSX:DRR.U:CA) in June 2023 with the following conclusion: DRR is arguably one of the most undervalued residential REITs with a strong outlook. It has tremendous flexibility to navigate this uncertain environment due to its conservative financing. In January 2023, DRR began a stock repurchasing plan where…
In addition to exploring Asian and Latin American countries, Maple said the funding will help form new strategic partnerships. Blockchain-based credit marketplace Maple Finance has closed a $5 million strategic funding round led by BlockTower Capital and Tioga Capital. According to an announcement on Tuesday, the financial round welcomed participants from both new and existing…
Sundry Photography Article Thesis Arm Holdings Limited (ARM) will soon have its initial public offering. The chip design player has strong intellectual property and connections with major players. From a tech perspective, Arm Holdings could be an attractive investment. Whether ARM will be an attractive investment following its IPO also depends on the share price…
In August 2023, during the “Barbie” media tour, actor Margot Robbie commented on how two of the movie’s producers, David Heyman and Tom Ackerley, gave off “big Ken energy” while talking about Bitcoin. It seems likely that the comment was, at least in a way, meant to be derogatory. Perhaps this is because so few…
Wipada Wipawin/iStock via Getty Images I’m like a kid in the candy store in this market. To explain why, let me back up and explain where I’m coming from. My goal as a dividend growth investor is to generate the safest, largest, and fastest growing passive income stream possible. I’m neither a “value investor” nor…
Production studios and companies represented by the AMPTP have proposed new guidelines and rules as they look to end the ongoing strike. The Alliance of Motion Picture and Television Producers (AMPTP) has published a proposal that includes guidelines controlling the use of artificial intelligence (AI). The new Hollywood guidelines seek to appease striking writers and actors and…
muhammet sager Energy Transfer (NYSE:ET) has been in the news lately after the company announced an agreement to acquire Crestwood Equity Partners (CEQP). A lot has been said about this transaction, though sentiment has been most universally positive among my peers. I suspect a lot of that optimism may be due to the fact that…
Amidst the legal battle and regulatory scrutiny, July 2023 witnessed a seismic shift in the narrative surrounding the case. In a recent development, XRP, a major player in the crypto market, has surrendered all the gains it made following a partial legal victory by its parent company, Ripple Labs Inc, over the US Securities and…
sankai Investment Rundown The share price has been volatile for Ambarella Inc (NASDAQ:AMBA) as the semiconductor industry is facing a difficult economic environment, not as enriched with demand as it previously was. As companies are managing to stock up inventories more efficiently, the sudden demand and shortages for some products in the industry seem to…
As Australia deliberates the potential implementation of CBDC, the central bank’s report emphasizes that while introducing a digital dollar could enhance efficiency and resilience in certain segments of the country’s payment ecosystem. As the global financial landscape continues its rapid evolution, the Reserve Bank of Australia (RBA) has concluded its pilot program for a central…
LD Listen below or on the go on Apple Podcasts and Spotify Deep FTC probe of Qualcomm (QCOM) auto-chip deal reportedly on deck for Wednesday. (00:32) VinFast (VFS) has the 3rd highest auto market cap – SA analysts say Sell while Wall Street is quiet. (01:35) Goldman Sachs (GS) said to urge staff to work…
According to the Judge, the former OpenSea product manager deliberately used insider information to take advantage of NFT trading. A District Judge has sentenced a former OpenSea product manager to jail for three months for offenses involving insider trading, wire fraud, and money laundering. A judge at the District Court in the Southern District of…
ArtistGNDphotography The online discount retailer’s second-quarter results beat analyst expectations, but its third-quarter forecast was far gloomier as the Chinese economy sputters. The investor mood for Vipshop Holdings Ltd. (NYSE:VIPS) is oddly gloomy. The discount e-commerce company’s latest quarterly report looked quite rosy — until you get to the part forecasting a decidedly downbeat outlook…
For the best results, OpenAI recommends combining fine-tuning with other techniques such as prompt engineering, information retrieval, and function calling. OpenAI customers can now customize GPT-3.5 Turbo according to their needs using the newly unveiled fine-tuning feature. OpenAI announced this update in a blog post on Tuesday. It follows from the customization updates the company…
Design Cells/iStock via Getty Images Topline Summary MiNK Therapeutics (NASDAQ:INKT) is a member of a small crowd of companies attempting to develop “off the shelf” allogeneic cell therapies for cancer and a few other indications. They’re hoping to leverage advances in cell engineering to push forward a more tolerable, easier-to-deliver cell therapy, but it’s still…
As the US regulators tighten the belt on the cryptocurrency industry, legal experts believe SBF attorneys will have a challenging time freeing proving his innocence The defense lawyers representing former FTX CEO Sam Bankman-Fried (SBF) swung into action to prove the innocence of their client after new fraud charges were arraigned during a court hearing…
keeweeboy/iStock via Getty Images India’s audacious leap from a cash-centric economy to a pioneering digital payments powerhouse is revolutionizing the financial landscape. India’s digitization journey has revolutionized multiple sectors and transformed the lives of its citizens. With a particular focus on digital payments, India has ushered in a new era of financial accessibility, convenience, and…
The Binance Coin (BNB) has recently dropped below its 200-week Moving Average, raising apprehensions regarding potential substantial declines among altcoins. Binance‘s native cryptocurrency BNB has recently come under significant selling pressure with the BNB price dropping under $210 on Tuesday, August 22. Binance Coin (BNB) has come under significant selling pressure amid the ongoing regulatory…
Seth Love/iStock via Getty Images Investment Thesis Genius Sports Limited (NYSE:GENI) is a London-based provider of technology products and services to the sports, sports betting, and sport media industries globally. In other words, they offer sports leagues (such as the NBA or Premier League) the technology infrastructure for the collection, integration and distribution of live…
Jelena Safronova/iStock via Getty Images Dear readers/followers. I would consider myself apt at forecasting and evaluating the levels of certain companies and their overall appeal at certain valuations. Orkla (OTCPK:ORKLY) is certainly one of those businesses that I consider myself able to “BUY” or “HOLD” at good levels, as you can see from my recent…
Torsten Asmus Battalion Oil (NYSE:BATL) recently reported its Q2 2023 earnings after a delay attributed to its former CFO suddenly leaving the company in early August. Battalion’s recent wells have performed solidly and it should see substantial cost savings once its acid gas injection project is fully ramped up. However, the acid gas injection facility…
Urupong Market Overview Enamored with the potential of generative artificial intelligence (AI), investors during the second quarter focused their buying attention primarily on a narrow cohort of mega-cap growth companies with some connection to the burgeoning technology. Most broad indexes came along for the ride.1 1. Source: FactSet; data as of June 30, 2023. Portfolio…
Rasi Bhadramani/iStock via Getty Images Introduction At the end of May 2023, I published the article “5 Reasons To Get Out Of The Market“, which is still attracting readers, judging by the comments that still appear from time to time. As the title of that article suggests, I looked at 5 key reasons that should…
Cindy Ord This article is part of a series that provides an ongoing analysis of the changes made to Gabelli Funds’ 13F portfolio on a quarterly basis. It is based on their regulatory 13F Form filed on 8/14/2023. Please visit our Tracking Mario Gabelli’s Gabelli Funds 13F Portfolio series to get an idea of their…
AlizadaStudios/iStock Editorial via Getty Images Boston Omaha (NYSE:BOC) second quarter filing reveals a widening financial loss over 6 month period belies company optimism over commercial real estate and aviation holdings. Since company has recently entered and expanded these investments, I would certainly not dismiss this stock entirely, but instead wish to urge caution until positive…