Aliaksandr Litviniuk/iStock Editorial via Getty Images Since our latest release on the Q1 performance, there has been positive news concerning Eni’s (NYSE:E) latest development. Here at the Lab, as a reminder, we initiated the company with a buy based on 1) a compelling valuation vs. its closest peers, 2) Plenitude upside coupled with Saipem turnaround…
The decline in handset sales, a challenge faced not only by Xiaomi but also by other smartphone manufacturers, has pushed the company to explore new avenues for growth. Xiaomi Corp (HKG: 1810), one of China’s leading technology giants has reported a 4% drop in revenue for the second quarter, reflecting the ongoing challenges faced by…
Chico’s FAS, Inc. (NYSE:CHS) Q2 2023 Earnings Conference Call August 29, 2023 8:00 AM ET Company Participants Julie MacMedan – Head of IR Molly Langenstein – President and CEO David M. Oliver – EVP, CFO and CAO Conference Call Participants Dana Telsey – Telsey Advisory Group Jeffrey Lick – B. Riley Securities Marni Shapiro –…
Google’s transition towards monetizing its mapping products is not only a strategic financial move but also a response to the evolving economic landscape. Google, a dominant subsidiary of Alphabet Inc (NASDAQ: GOOGL) is reportedly launching a ground-breaking project to sell its new sets of mapping data to various renewable energy companies. This strategic move not…
BrianAJackson The streak of negative 2-year/10-year Treasury spreads has now reached 287 trading days, 9 trading days longer than the third longest streak since 1976. The probability that the inverted yield curve ends by February 23, 2024 is now 7.6% compared to 13.1% last week. That means that the current streak is less likely to…
The inflation and jobs data will play a crucial role in further market movements. On Tuesday, August 29, the US Treasury yields continued to fall as Wall Street investors awaited the key economic data that will provide fresh insights into the state of the overall US economy. Investors will get fresh insights into the inflation…
Dragon Claws All values are in CAD unless noted otherwise. We covered Killam Apartment REIT (OTC:KMMPF) in July of this year and came away with neutral sentiments on it. We liked the risk management and staggered debt maturities of this primarily apartment REIT. The record breaking immigration numbers in Canada turbo charged its net operating…
Despite fears of bankruptcy in late 2022, Argo’s 2023 mid-year results show a positive shift. Argo Blockchain, a London-based crypto mining company, has unveiled its financial results for the first half of 2023, showcasing noteworthy improvements in loss reduction and strategic debt management. In the first half of 2023, Argo reported a pretax loss of…
Hispanolistic Impacted by the economic environment, the overall performance of the downstream consumer electronics market has been sluggish, and product sales prices are under pressure. One bright spot is the increasing sales volume of EVs in the first half of 2023, which was 4,274,051 units, a YoY increase of 35.8%, according to The Information Network’s…
This is an opinion editorial by Julian Liniger, the co-founder and CEO of bitcoin purchasing platform Relai. Source: Relai As a Swiss citizen, it didn’t take me long to understand why Bitcoin is unique. Switzerland is a country that values lots of the critical aspects that Bitcoin offers to people. The small country in the…
abadonian DT Midstream, Inc. (NYSE:DTM) is a natural gas-focused midstream company that primarily operates in the Marcellus and Utica Basins of Appalachia, although it also has a small operation near the Haynesville Shale: DT Midstream These are two areas that are not commonly discussed in the mainstream financial media, but they are two of the…
BYD faces fierce competition from both domestic rivals and Tesla in a relentless price war. The battle for market share led to price cuts from all sides, with the goal of increasing accessibility and product penetration. Shares of BYD, the Chinese electric vehicle (EV) giant, experienced a remarkable surge of more than 5% following the…
jetcityimage Summary Readers may find my previous coverage via this link. My previous rating was a buy, as I believed Paycor (NASDAQ:PYCR) stock continues to be undervalued as the business fundamentals continue to perform better than I had expected. I am reiterating my buy rating as PYCR fundamentals remain strong, with management sounding very confident…
Proactively, the platform has placed a temporary freeze on affected user accounts within the customer claims portal. It appears that FTX customers are not catching a break anytime soon as they’ve had to deal with one issue or the other since the exchange imploded last November. In their latest ordeal, some former customers of the…
lucadp I love pointing out Buffett-like “fat pitch” opportunities. Wait for a fat pitch and then swing for the fences.” – Warren Buffett. A “fat pitch” is a rare opportunity when the investing stars align. Remember Buffett’s famous “Be fearful when others are greedy and greedy when others are fearful”? This is the kind of…
In addition to the partial repayment agreement, DCG has also committed to paying an additional $275 million, disbursed in four installments after the date of the initial partial repayment. In a welcome development that has sent ripples through the crypto space, creditors of the defunct Genesis platform are set to receive a remarkable 90% recovery…
Wirestock Listen below or on the go on Apple Podcasts and Spotify American Airlines (AAL) is hit with the largest fine ever for breaking tarmac delay rules. (00:27) Toyota (TM) halts production at all factories in Japan. (01:17) Amazon (AMZN) hikes free shipping minimum to $35 to match Walmart’s (WMT) requirement. (02:36) This is an…
Trustly acquired SlimPay shortly after launching its data engine – Trustly Azura. Swedish payments firm Trustly has acquired the French recurring payments platform SlimPay as it continues its Europe-wide expansion. SlimPay was established in 2010. Since then, it has grown to become a market leader in recurring payments, allowing digital payments through innovative technologies. While…
Carl Court Shell (NYSE:SHEL) is one of the largest oil companies in the world, with a market cap of just $200 billion. The company is diversifying its business, but as we’ll see throughout this article, it’s lower valuation with strong assets and diversification can enable the company to generate strong shareholder returns. Shell Financial Performance…
X’s legal team argues that the company did not mandate employees to go the arbitration route and as such cannot be expected to cover the larger share of the filing fees. Social media platform X, formerly known as Twitter, is on the receiving end of 2,200 arbitration cases filed by former employees in response to…
Dorin Puha/iStock via Getty Images Introduction NovoCure (NASDAQ:NVCR) is a healthcare firm specializing in cancer treatments. They’ve developed a unique technology called Tumor Treating Fields (TTFields) that employs electric fields to target and kill cancer cells. Their main aim is to expand the use of their FDA-sanctioned devices, Optune and Optune Lua, which treat glioblastoma…
A DoorDash spokesperson has revealed that the company will continue to seek ways to perfect the AI service. DoorDash, a food delivery service app, has launched an AI-powered answering service for its restaurant clients. According to an August 28 announcement, the new service will see customers get on the phone with AI bots instead of…
Ignatiev/E+ via Getty Images Investment thesis Photronics (NASDAQ:PLAB) is an IC and Flat Panel Displays (FPD) photomask producer that is benefiting from the increasing demand for consumer electronics, innovative medical devices, and displays for mobile devices and ultra-large screen televisions. Photomasks are components that have been used to manufacture nearly every semiconductor that has ever…
Since 2022, Bitcoin’s trading volume has declined by nearly 90 percent despite increased demand from institutional investors. Bitcoin (BTC) price continued to precariously trade around $26k on Tuesday, as investors closely watched for convincing reasons to long the market. Despite a notable increase in demand for the top digital asset, on-chain data analysts show the…
mediaphotos Introduction In the title insurance industry, Investors Title Company (NASDAQ:ITIC) has managed to grow rather well over the years and the market cap sits at just under $300 million currently. The company has managed to achieve quite solid margins which seem to have led to the slight premium you have to pay for the…
OpenAI announced that ChatGPT Enterprise will include unlimited access to GPT-4 and also offer longer context windows for processing more inputs. OpenAI, an American artificial intelligence (AI) research laboratory consisting of the non-profit OpenAI, Inc. and its for-profit subsidiary corporation OpenAI LP, announced the launch of its latest product dubbed ChatGPT Enterprise to help organizations…
Monty Rakusen Those who have followed this takeover approach since its announcement on 13 Aug 2023 do not need a lot of information about United States Steel Corporation (NYSE:X), best known as US Steel, and Cleveland-Cliffs Inc (CLF). For those who are jumping in at this point, see a brief description below. If you are…
It is unclear if the restrictions are temporary or going to stay. According to a Binance representative, the exchange was considering all options in regard to the Russian market, including a “full exit”. Crypto exchange Binance has introduced new restrictions for Russian clients. In particular, the company has barred Russian users from conducting peer-to-peer (P2P) transactions in any…
saoirse_2010/iStock via Getty Images Introduction CVR Energy (NYSE:CVI) is a company that has diversified its operations in the petroleum refining and marketing industry and the nitrogen fertilizer manufacturing industry; CVR Energy also produces and markets renewable diesel. In the petroleum refining segment, they refine and market transportation fuels. It is worth mentioning that CVR Energy…
Each toy will come with an NFT accessory. Mickey will have a fishing pole, Minnie – a watering can and Pluto – a bone. Digital collectible toys platform Cryptoys has announced that it will launch a new collection called “Mickey and Friends” this September. The collection will feature three well-known and loved characters from the…
cemagraphics For the S&P 500 (Index:SPX), there may as well have been only one event taking place during the past week. That event was the Federal Reserve’s annual getaway meeting at Jackson Hole, Wyoming, at which Fed Chair Jerome Powell addressed inflation and the Fed’s path ahead in charting a course to deal with it…
DenisTangneyJr Overview CRA International, Inc. (NASDAQ:CRAI) is a company that provides consulting services both throughout the United States and internationally. It serves in 11 different areas including: Antitrust & Competition Auctions & Competitive Bidding Energy Finance Financial Economics Forensic Services Intellectual Property Labor & Employment Life Sciences Marakon Risk, Investigations, & Analytics The company was…
robeo Today, I’m revisiting the case of FreightCar America (NASDAQ:RAIL), a small-cap company specialized in the construction of rail cars, such as bulk commodity cars and coal cars, as well as in the conversion of existing cars for different purposes. In my last article about the company, which was published 9 months ago, I assigned…
PM Images Realty Income (NYSE:O) is what I consider a forever-hold real estate investment trust (REIT) as its properties are quintessential to society. Realty Income owns over 13,100 commercial properties and is the landlord to more than 1,300 clients, including Dollar General (DG), Walgreens (WBA), 7-Eleven, FedEx (FDX), Walmart (WMT), and Lowe’s (LOW). No matter…
KanawatTH When it comes to making income from ETFs, a popular option for many investors is the Global X NASDAQ 100 Covered Call ETF (NASDAQ:QYLD). Indeed, most days in recent months have seen millions of shares traded each day. Investors have not made much in terms of price growth, and some have lost quite a…
metamorworks Ubiquiti Inc. (NYSE:UI) is a stock that I have followed for a long time now. You can see my first article written about the company was 9/15/2014. I was a believer in the stock as a long term investment at that time. I turned out to be very right. I also betrayed my own…
Andrii Yalanskyi Dear subscribers, Two of my by far largest REIT positions today are found in two monthly-paying companies. Both are what I would consider “cheap” for what they offer investors. Both of them are investment-grade rated or above (high IG). Both have yields over 4%, which makes them appealing even in the light of…
Artit_Wongpradu Now that earnings season is virtually over, I’d say our energy stocks have emerged as market leaders and exhibited tremendous relative strength in an otherwise weak August market. I have often written that I do not like August, since it is a month too often characterized by light trading volume and some resulting trader…
jhorrocks Introduction Mortgage rates have doubled and tripled in some countries since 2021. So, why aren’t residential real estate markets more distressed? For example, the average home price-to-income ratio in the United Kingdom is at an astounding 9x. This implies that most borrowers are spending more of their income on interest and amortization payments than…
jupiter55/iStock via Getty Images Introduction CRISPR Therapeutics (NASDAQ:CRSP) focuses predominantly on ailments such as transfusion-reliant beta thalassemia (TDT) and acute sickle cell disease (SCD). In collaboration with Vertex Pharmaceuticals (VRTX), the company is making strides with exa-cel, a therapy using CRISPR gene-editing. Prominent regulatory bodies, like the FDA and European Medicines Agency, are currently evaluating…
7maru/iStock via Getty Images Main Thesis & Background The purpose of this article is to evaluate the PIMCO Municipal Income Fund III (NYSE:PMX) as an investment option at its current market price. This is a fund I keep on my radar screen because I see value in PIMCO’s CEF offerings across the board on many…
PM Images At the beginning of this year, I wrote an article focusing on Pure Storage, Inc. (NYSE:PSTG) and its strategic positioning within the data-driven landscape. The company has consistently exceeded EPS expectations for the past sixteen quarters and is set to release its Q2 2024 financial results on August 30. As a leading figure…
Bosca78 Japanese electric motor manufacturer Nidec (OTCPK:NJDCY)(OTCPK:NNDNF) has continued to test investor patience, even if many of the recent drivers of sentiment are outside of the company’s control. While Nidec local shares have risen about 5% since my last update, currency moves have worked against U.S. shareholders, driving a small loss, though the performance has…
imagedepotpro/iStock via Getty Images Many investors are wondering if the correction in the U.S. stock market is over. Simply put, we don’t know. It can be over if we get a lot of good news on the economy – and if there are no negative developments on the geopolitical front (a big unknown), and if…
Justin Sullivan Nvidia Corporation (NASDAQ:NVDA) has reached all-time highs on the basis of record earnings from the AI wave. The company’s $1.2 trillion market capitalization puts it at almost 10x the market cap of peers such as Intel. As we’ll see throughout this article, led by other companies’ efforts to cut the company out of…
JHVEPhoto/iStock Editorial via Getty Images A Quick Take On Instacart Maplebear Inc. (CART), known as Instacart, has filed to raise $100 million in an IPO of its common stock, according to an SEC S-1 registration statement. The firm primarily provides last-mile grocery delivery services to the U.S. and Canadian grocery markets. Instacart grew well during…
Tim P. Whitby/Getty Images Entertainment Warner Bros. Discovery, Inc. (NASDAQ:WBD) has had continued weakness since its IPO, with its market cap dropping to below $30 billion. At the same time, the company was caught up in the expensive streaming wars, weakening its position. Despite this, the company has the financial strength to work towards strong…
LifeVantage Corporation (NASDAQ:LFVN) Q4 2023 Earnings Conference Call August 28, 2023 4:30 PM ET Company Participants Reed Anderson – ICR Steve Fife – President and CEO Carl Aure – CFO Conference Call Participants Operator Good day, ladies and gentlemen. Thank you for standing by. Welcome to today’s conference call to discuss LifeVantage’s Fourth Quarter and…
Cansortium Inc. (OTCQX:CNTMF) Q2 2023 Earnings Conference Call August 28, 2023 4:30 PM ET Company Participants Robert Beasley – CEO Jeffrey Batliner – CFO Conference Call Participants Russell Stanley – Beacon Securities Operator Good afternoon, ladies and gentlemen, and welcome to Cansortium’s Second Quarter 2023 Conference Call. Joining us today are the company’s CEO, Robert…
Althom Research Brief In today’s analysis, I will be covering Huntington Banchares (NASDAQ:HBAN), which is in the banking sector, and regional banks subsector. It is the parent behind the Huntington National Bank brand. The company had its most recent quarterly earnings result on July 21st, and that will be the reference data used in some…