MicroStrategy, under the leadership of Chairman Michael Saylor, has shown continued interest in the flagship cryptocurrency. Software developer MicroStrategy has revealed its plan to increase its Bitcoin (BTC) stack. According to a Tuesday filing with the US Securities and Exchange Commission (SEC), the firm’s action plan includes raising at least $750 million by selling more…
bjdlzx Civitas Resources, Inc. (NYSE:CIVI) announced an acquisition and a note offering to help finance that acquisition. That acquisition is actually more than one transaction that management labels “Hibernia” and “Tap Rock.” The company intends to use some stock as part of the payment to help keep the debt ratio low. For Civitas, which has…
Binance’s influence is undeniable as the exchange boasts a staggering total of over 128 million users worldwide. Binance, the world’s largest crypto exchange, has defied all expectations by maintaining its position as the dominant player in China, even in the face of a crypto ban imposed by the country in 2021. A recent report from…
baphotte The Bank of Japan (BoJ) is taking the macro world for a spin. It’s shaking up its yield curve control (YCC) policy, expanding its trading band for 10-year GDP yields from a range of 50 basis points to a much broader range of 100 basis points. This is a remarkable move that introduces higher…
The LTC price comes under pressure just hours before the Litecoin halving event ahead on Wednesday. Later today on Wednesday, August 2, the Litecoin blockchain network shall undergo the much-awaited halving event and the third such event in its 12 years of history. During a Twitter live stream last week, Litecoin creator Charlie Lee explained…
Pratchaya/iStock via Getty Images Larimar therapeutics (NASDAQ:LRMR) has been making significant progress in advancing its drug known as CTI-1601, which is being developed for the treatment of patients with Friedreich’s ataxia [FA]. That’s because it just received clearance from the FDA so that it can advance a higher dosing 50 mg cohort of CTI-1601 in…
On Tuesday, Uber released its Q2 2023 earnings report, posting a profit for the first time in its history. For the quarter that ended on June 30, Uber reported $9.2 billion in revenue, which is 14.3% higher compared to last year. Uber Technologies Inc (NYSE: UBER) has reportedly started developing an AI-powered chatbot that will…
Otter Tail Corporation (NASDAQ:OTTR) Q2 2023 Earnings Conference Call August 1, 2023 11:00 AM ET Company Participants Beth Osman – Manager of Investor Relations Chuck MacFarlane – President and Chief Executive Officer Kevin Moug – Senior Vice President and Chief Financial Officer Conference Call Participants Chris Ellinghaus – Siebert Williams Shank & Company, L.L.C. Sophie…
Before releasing the latest ratings, Fitch had initially warned about a possible downgrade during US debt ceiling negotiations a few months ago. Fitch Ratings, one of the major credit rating agencies, downgraded the United States’ long-term foreign currency issuer default rating to AA+ from AAA on August 1. The move comes amid concerns over expected…
Michael M. Santiago Introduction As a dividend growth investor, I seek new investment opportunities in income-producing assets. I often add to my existing positions when I find them attractive. I also use market volatility to my advantage by starting new positions to diversify my holdings and increase my dividend income for less capital. The energy…
Bitcoin price moved from $28.6k to around $30k on Tuesday but stabilized around $29.6k during the early Asian trading hours on Wednesday. The cryptocurrency market had mixed reactions following experts’ opinion of a possible black swan event in the DeFi lending industry triggered by the Curve finance and AAVE fiasco. Notably, the 300 million CRV…
Alexandros Michailidis Dear readers/followers, Deutsche Telekom (OTCQX:DTEGY) (OTCQX:DTEGF) has been one of my few very successful telco investments in the past 2 years, by which it has ripened and materialized into the RoR that I expected from it, enabling me to “SELL” or rotate at a high of €22/share (though it went somewhat higher), only…
The CoinShares CEO said there was a significant involvement of TradFi institutions in the crypto industry. Digital asset manager CoinShares recorded a spike in its Q2 2023 revenue, contributing to its strongest quarter since the beginning of 2022. According to the CoinShares Q2 2023 report, the total quarterly revenue increased 33% from £14.9 million in…
Nikada In the last few years, Tencent Holdings Limited (OTCPK:TCEHY) – as well as many other Chinese stocks – saw a huge discrepancy between the stock price and the fundamental picture. Of course, we should not ignore that Tencent has been struggling in the last few years: Since early 2021, the company has had trouble…
Bitcoin’s volatility is at a 5-year low with K33 research analyst predicting that the period of low volatility could be ending soon amid pure structural squeezes. The world’s largest cryptocurrency Bitcoin (BTC) has been hovering around $29,000 over the past few weeks with almost little to no movements. As per crypto research firm K33, the…
JHVEPhoto Research Brief With its next quarterly earnings result coming out towards the end of this month on August 29th, Bank of Montreal (NYSE:BMO) has come across my radar screen, especially after its acquisition of Bank of the West, and so today we will discuss its potential for value investors who are looking for a…
Justin Sullivan It has been over eight months since ChatGPT launched and set off the generative AI race. In a previous article, we discussed the threat that the generative AI revolution poses to Google’s core advertising revenue. Google (NASDAQ:GOOG) (NASDAQ:GOOGL)has since offered more insight into how they expect to evolve their advertising strategies for their…
CHUNYIP WONG Dear readers/followers, Equity Residential (NYSE:EQR) is a residential REIT very similar to AvalonBay Communities (AVB), yet for some reason it seems to be less talked about here on Seeking Alpha. I find it strange because Equity Residential enjoys a significant advantage in today’s market. (Spoiler alert – it has to do with significantly…
Parradee Kietsirikul/iStock via Getty Images Investment Thesis I wanted to take a look at Fiverr International (NYSE:FVRR) before the upcoming quarterly announcement to see what the outlook for the company in the long run is and whether the current share price is a good entry point for a long-term investor. With somewhat conservative estimates in…
Nomura Holdings, Inc. (NYSE:NMR) Q1 2024 Earnings Conference Call August 1, 2023 5:30 AM ET Company Participants Takumi Kitamura – Chief Financial Officer Conference Call Participants Natsumu Tsujino – SMBC Morgan Stanley Securities Masao Muraki – SMBC Nikko Securities Kazuki Watanabe – Daiwa Securities Koichi Niwa – Citigroup Securities Operator Good day, everyone and welcome…
Violka08 Uranium has been touted as a clean renewable energy source that is more dependable than solar, wind or hydro. Fundamentalists point towards a plethora of positive catalysts that are likely to lead to a resurgence in the uranium sector in the decades to come. That said, price is king. Price action must be constructive…
Just_Super Arista Networks (NYSE:ANET) reported a very strong second quarter and announced guidance for the 3rd quarter, both of which were ahead of FactSet consensus. This reinforces a key tenet of my investment thesis: that the market will continue to underestimate the growth potential of this company and earnings upgrades will continue and drive value…
Silk Road Medical, Inc. (NASDAQ:SILK) Q2 2023 Earnings Conference Call August 1, 2023 4:30 PM ET Company Participants Marissa Bych – Investor Relations Erica Rogers – Chief Executive Officer Lucas Buchanan – Chief Financial Officer & Chief Operating Officer Conference Call Participants Chris Pasquale – Nephron Research Rick Wise – Stifel Neil Chatterji – B….
BioAtla, Inc. (NASDAQ:BCAB) Q2 2023 Earnings Conference Call August 1, 2023 4:30 PM ET Company Participants Bruce Mackle – IR, LifeSci Advisors, LLC Jay Short – Chairman & Chief Medical Officer Richard Waldron – Chief Financial Officer Eric Sievers – Chief Medical Officer Sheri Lydick – Chief Commercial Officer Conference Call Participants Brian Cheng –…
Varex Imaging Corporation (NASDAQ:VREX) Q3 2023 Earnings Conference Call August 1, 2023 5:00 PM ET Company Participants Christopher Belfiore – Investor Relations Sunny Sanyal – President and Chief Executive Officer Sam Maheshwari – Chief Financial Officer Conference Call Participants Suraj Kalia – Oppenheimer & Company Larry Solow – CJS Young Li – Jefferies James Sidoti…
SunCoke Energy, Inc. (NYSE:SXC) Q2 2023 Earnings Conference Call August 1, 2023 11:00 AM ET Company Participants Shantanu Agrawal – IR Katherine Gates – President Mark Marinko – SVP & CFO Conference Call Participants Lucas Pipes – B. Riley Nathan Martin – Benchmark Company Operator Ladies and gentlemen, welcome to the SunCoke Energy Second Quarter…
Start Time: 16:30 January 1, 0000 5:07 PM ET The Container Store Group, Inc. (NYSE:TCS) Q1 2023 Earnings Conference Call August 01, 2023, 16:30 PM ET Company Participants Satish Malhotra – President and CEO Jeff Miller – CFO Caitlin Churchill – IR, ICR Conference Call Participants Steven Forbes – Guggenheim Securities Ryan Meyers – Lake…
Andrew Burton Utilizing Return on Invested Capital (ROIC) as a guiding metric, Stellantis (NYSE:STLA) efficiently allocates its resources for profitability. Despite potential risks from the electric vehicle revolution, the company currently presents a compelling investment opportunity, trading at remarkably cheap multiples to enterprise value. Embracing a “cigar butt” philosophy like Benjamin Graham’s, investors may find…
Columbia Sportswear Company (NASDAQ:COLM) Q2 2023 Results Conference Call August 1, 2023 5:00 PM ET Company Participants Andrew Burns – Investor Relations Tim Boyle – Chairman, President and CEO Jim Swanson – Executive Vice President and CFO Peter Bragdon – Executive Vice President, Chief Administrative Officer and General Counsel Conference Call Participants Bob Drbul –…
Paycom Software, Inc. (NYSE:PAYC) Q2 2023 Earnings Call August 1, 2023 5:00 PM ET Company Participants James Samford – Head of Investor Relations Chad Richison – President and Chief Executive Officer Craig E. Boelte – Chief Financial Officer Conference Call Participants Raimo Lenschow – Barclays Samad Samana – Jefferies Brad Reback – Stifel Mark Marcon…
CapitaLand Ascendas REIT (OTCPK:ACDSF) Q2 2023 Earnings Conference Call July 31, 2023 5:30 AM ET Company Participants Terence Lim – Investor Relations Yeow Kit Peng – Head, Capital Markets & Investor Relations William Tay – Chief Executive Officer James Goh – Head, Portfolio Management Koo Lee Sze – Chief Financial Officer Conference Call Participants Mervin…
Rasi Bhadramani/iStock via Getty Images Checkpoint Therapeutics (NASDAQ:CKPT) has made some great progress lately with respect to its advancement of its drug known as cosibelimab. That is, it has already been able to file a Biologics Licensing Application [BLA] to the FDA, seeking U.S. marketing approval for this drug as a treatment for patients with…
Kennametal Inc. (NYSE:KMT) Q4 2023 Earnings Conference Call August 1, 2023 8:00 AM ET Company Participants Michael Pici – VP-IR Chris Rossi – President and CEO Pat Watson – VP and CFO Conference Call Participants Kiran Patel-O’Connor – Barclays Steve Barger – KeyBanc Capital Markets Operator Good morning. I would like to welcome everyone to…
Petmal Crestwood’s Q2 Update: Crestwood’s (NYSE:CEQP) Q2 was marginally weaker than expected with EBITDA coming in at $176 million, down 2% year over year, and missing consensus estimates of $194 million. This miss was due to lower commodity prices, a non-cash loss on NGL storage and some well shut ins, particularly on the Arrow system…
PotlatchDeltic Corporation (NASDAQ:PCH) Q2 2023 Earnings Conference Call August 1, 2023 12:00 PM ET Company Participants Wayne Wasechek – Interim VP and CFO Eric Cremers – President and CEO Conference Call Participants George Staphos – Bank of America Ketan Mamtora – BMO Michael Roxland – Truist Securities Kurt Yinger – D.A. Davidson Mark Weintraub –…
peshkov Shares of TG Therapeutics (NASDAQ:TGTX) plunged after the company missed the Q2 2023 revenue estimate and as it signed an ex-U.S. deal with Neuraxpharm for Briumvi. The revenue miss would not be such a problem if the underlying expectations were not so high – mine included. My base case was at least $25 million…
svetikd Caesars (CZR) was established in 1937 and manages casinos and resorts under various brands including Harrah’s, Caesars, Planet Hollywood and Horseshoe, which recently hosted the World Series of Poker. The stock has languished in recent years as debt levels have risen amid concerns over the cost of servicing the debt, which has created a…
With 34 tokens, Binance will offer more coins than any exchange operating in Japan. Leading cryptocurrency exchange Binance has unveiled its plan to re-enter the Japanese market. The announcement comes after Binance noted in July that it was making a comeback in Japan. Binance pulled out of Japan in 2018 after the country’s financial regulator…
TETRA Technologies, Inc. (NYSE:TTI) Q2 2023 Earnings Conference Call August 1, 2023 10:30 AM ET Company Participants Rigo Gonzalez – Corporate Finance & IR Manager Brady Murphy – President, CEO & Director Elijio Serrano – SVP & CFO Conference Call Participants Martin Malloy – Johnson Rice & Company Stephen Gengaro – Stifel, Nicolaus & Company…
Meta is considering automated checks on the chatbots’ outputs to ensure accuracy and compliance with platform rules. Meta Platforms, the parent company of Facebook and Instagram, is set to unveil a new range of artificial intelligence (AI) chatbots with distinct personalities as early as September. According to reports from the Financial Times, citing people familiar…
IPG Photonics Corporation (NASDAQ:IPGP) Q2 2023 Earnings Conference Call August 1, 2023 10:00 AM ET Company Participants Eugene Fedotoff – Senior Director, IR Eugene Scherbakov – CEO & Director Timothy Mammen – SVP & CFO Conference Call Participants Ruben Roy – Stifel, Nicolaus & Company James Ricchiuti – Needham & Company Michael Feniger – Bank…
Collections submitted for verification by Salsal end up with a proven factual history of the owners and receive an immutable, permanent record of ownership transfer. Researchers have come up with a blockchain solution to confirm the authenticity of cultural artifacts. Dr. Adel Khelifi, an associate professor at Abu Dhabi University, and Dr. Mark Altaweel, a…
damedeeso Investment Thesis This article is one in a series of articles where I use a common set of metrics to evaluate a CEF beyond just the yield. In this article, I will take another look at Cornerstone Strategic Value Fund (NYSE:CLM) following my January article where I rated it a Sell. For many years…
The Ordinals team, led by creator Casey Rodarmor, has introduced the “Open Ordinals Institute,” a non-profit organization aimed at advancing the Bitcoin Ordinals protocol and its reference implementation, Ord. The Open Ordinals Institute will financially support Ordinals core developers, including the newly appointed lead maintainer, Raph, fostering an open-source contributor environment for sustained growth and…
Neurocrine Biosciences, Inc. (NASDAQ:NBIX) Q2 2023 Earnings Conference Call August 1, 2023 8:00 AM ET Company Participants Todd Tushla – VP, IR Kevin Gorman – CEO Matt Abernethy – CFO Eiry Roberts – Chief Medical Officer Eric Benevich – Chief Commercial Officer Kyle Gano – Chief Business Development & Strategy Officer Conference Call Participants Paul…
Simultaneously, Binance has introduced CyberConnect (CYBER) as the 37th project on Binance Launchpool. Binance, the world’s biggest crypto exchange has announced the debut of Sei (SEI), a cutting-edge layer 1 blockchain designed for the exchange of digital assets, as the 36th project on Binance Launchpool. Binance and the Sei Support Binance highlighted in an official…
Fresnillo plc (OTCPK:FNLPF) Q2 2023 Earnings Conference Call August 1, 2023 4:00 AM ET Company Participants Octavio Alvidrez – CEO Mario Arreguin – CFO Tomas Iturriaga – COO Conference Call Participants Daniel Major – UBS Jason Fairclough – Bank of America Danielle Chigumira – Credit Suisse Sandeep Peety – Morgan Stanley Patrick Jones – JPMorgan…
Nomura’s move to launch virtual assets and brokerage services in Dubai is well-timed. It comes amid a growing interest and demand for digital assets among institutional and retail investors worldwide. Nomura, one of the largest financial services groups in Asia, announced on Monday that it has obtained a full license from Dubai’s Virtual Asset Regulatory…
Eoneren “A crook is a crook, and there’s something healthy about his frankness in the matter. But any guy who pretends he is enforcing the law and steals on his authority is a swell snake. The worst type of these punks is the big politician.” – Al Capone Looking at the US Congress holding a…
Uber reported record profits and milestones in the second quarter of 2023, with significant improvements in earnings per share, operating income, and EBITDA, as well as a substantial increase in trips and food delivery orders. On August 1st, the shares of Uber Technologies Inc (NYSE: UBER) fell by more than 5.5% after the publication of the…