Lantronix, Inc. (NASDAQ:LTRX) Q4 2023 Results Conference Call September 7, 2023 5:00 PM ET Company Participants Robert Adams – Head-Corporate Development, IR Jeremy Whitaker – Interim CEO, CFO Conference Call Participants Scott Searle – ROTH MKM Mike Walkley – Canaccord Genuity Christian Schwab – Craig-Hallum Ryan Koontz – Needham Operator Hello, and welcome to the…
The Coca-Cola Company (NYSE:KO) Barclays Global Consumer Staples Conference September 7, 2023 9:45 AM ET Company Participants James Quincey – CEO Jennifer Mann – Head, North America Conference Call Participants Lauren Lieberman – Barclays Lauren Lieberman Let’s get started. The clock started moving, so we got to do this. So very happy to have The…
Pfizer Inc. (NYSE:PFE) Citi’s 18th Annual BioPharma Conference September 7, 2023 10:30 AM ET Company Participants Mikael Dolsten – Chief Scientific Officer & President, Pfizer Research & Development Christopher Stevo – SVP & Chief IR Officer Conference Call Participants Andrew Baum – Citi Andrew Baum So delighted to introduce Mikael Dolsten. Mikael is President R&D,…
Intuitive Surgical, Inc. (NASDAQ:ISRG) 2023 Wells Fargo Healthcare Conference Transcript September 7, 2023 3:00 PM ET Executives Jamie Samath – Senior Vice President and CFO Brian King – Treasurer and Head, Investor Relations Analysts Larry Biegelsen – Wells Fargo Larry Biegelsen Good afternoon. I am Larry Biegelsen, the Medical Device Analyst at Wells Fargo and…
funky-data Vector Group Ltd. (NYSE:VGR) is the 4th largest cigarette manufacturer in the U.S. with a portfolio of discount brands like “Montego”, “Eagle 20’s”, and “Liggett”. Recognizing challenges facing the tobacco products market, the reality here is that VGR’s business is highly profitable, with the stock standing out by offering a compelling 7.7% dividend yield….
Waterdrop Inc. (NYSE:WDH) Q2 2023 Results Conference Call September 7, 2023 8:00 AM ET Company Participants Shen Peng – Founder, Chairman & Chief Executive Officer Yang Guang – Co-Founder, Director, SVP and GM of International Business Zetao Zhu – GM of Crowdfunding and Pharmatech Business Chen Richard – Board Secretary Conference Call Participants Unidentified Company…
Mario Tama In early May, I updated investors in leading U.S. tobacco manufacturer Altria Group, Inc. (NYSE:MO), urging caution. I highlighted that market operators have already priced in its better-than-expected Q1 adjusted EPS metric as MO surged close to its critical resistance zone. As such, I anticipated selling pressure to intensify, which could hinder a…
In a commendable move to advance financial literacy and inclusion, Samara Asset Group has donated $10,000 in bitcoin to Bitcoin DADA, per a press release sent to Bitcoin Magazine. This Kenya-based non-profit initiative is steadfastly working towards empowering African women through extensive financial education, emphasizing Bitcoin’s power to bring about transformative change. Bitcoin DADA, anchored…
francescoch Meta Remains A Long-Term Hold, Thanks To Its Improved Monetization Strategy We previously covered Meta Platforms, Inc. (NASDAQ:META) on July 08, 2023, discussing Mark Zuckerberg’s growing social media ambitions through Threads, which recorded more than 100M new sign-ups in less than five days, easily surpassing ChatGPT. X and Threads’ Daily Active Users Similarweb As…
Arista Networks, Inc. (NYSE:ANET) Citi’s 2023 Global Technology Conference September 7, 2023 1:00 PM ET Company Participants Ita Brennan – CFO Conference Call Participants Atif Malik – Citi Atif Malik Good afternoon everyone. Welcome to day-two of Citi Global Technology Conference. My name is Atif Malik. I cover U.S. semiconductors, semiconductor equipment and communication equipment…
ymgerman/iStock Editorial via Getty Images Drumbeats have been getting louder in recent days, regarding the likelihood the U.S. Federal Trade Commission antitrust unit is about to sue Amazon.com (NASDAQ:AMZN) over how it runs the world’s leading ecommerce retail site. Rumors are even suggesting, the government is looking to break up the company to promote stronger…
Scott Olson When I last looked at DraftKings Inc. (NASDAQ:DKNG) back in June, I wrote that in the near term I’d make the bet that DKNG would hit adjusted EBITDA positive in Q2 and that the stock would jump on the news, but from a long-term investment perspective, the stock’s valuation would keep me on…
Adam Berry Vietnamese electric vehicle manufacturer, VinFast Auto (NASDAQ:VFS) has grabbed the attention of mainstream media following the company’s surprising entry into the US stock market. Euphoria surrounding its stock price seem to be at odds with the potential of the company, raising questions about its soaring valuation and the sustainability of its business model….
Tencent’s announcement closely follows a host of AI-powered applications revealed by Baidu, another tech giant in China. Chinese tech giant Tencent Holdings Ltd (HKG: 0700) is set to launch its cutting-edge AI model, “Hunyuan”, for business applications. This announcement was made by Dowson Tong, CEO of the cloud and smart industries group at Tencent, in…
Johnson & Johnson (NYSE:JNJ) 2023 Wells Fargo Securities Healthcare Conference September 7, 2023 10:15 AM ET Company Participants Michael Bodner – Global Head of Heart Recovery Andrew Greenfield – Worldwide President Charles Simonton – Chief Medical Officer and Global Vice President, Clinical and Medical Affairs Ashley McEvoy – Executive Vice President and Worldwide Chairman, Medical…
According to reports, OpenAI may provide updates about some of its products, including the highly anticipated ChatGPT-5, which is still in the works. ChatGPT maker OpenAI is about to make history with its inaugural developer conference, OpenAI DevDay, scheduled for November 6 in the United States. The upcoming event marks a significant milestone in the…
Andrei Askirka The latest update of jobless claims was broadly positive, with both initial and continuing claims moving lower by more than expected. Although initial claims were revised up by 1K to 229K last week, this week’s reading fell down to 216K. That means claims have broken down out of the past several months range,…
Peach Bitcoin has officially launched Peach 0.3, while coinciding with the one year anniversary of the company. This new version introduces new features, a comprehensive wallet that seamlessly integrates with the app, enabling users to manage their bitcoin holdings effortlessly. With this upgrade, users can send and receive bitcoin and fund a sell offer with…
Playtech PLC (OTCPK:PYTCF) Q2 2023 Earnings Conference Call September 7, 2023 4:00 AM ET Company Participants Moran Weizer – CEO & Executive Director Chris McGinnis – CFO & Director Conference Call Participants Roberta Ciaccia – Investec Bank David Brohan – Goodbody Stockbrokers Ivor Jones – Peel Hunt Edward Young – Morgan Stanley Simon Davies –…
El Salvador, the first nation to officially adopt Bitcoin as legal tender, is once again making headlines in the world of cryptocurrency. With the combined efforts of My First Bitcoin, Bitcoin Beach, and the Ministry of Education, the nation announced the inception of an ambitious pilot program today. This initiative aims to incorporate Bitcoin education…
Yuichi Yamazaki/Getty Images News Elevator Pitch I continue to assign a Hold rating to Fanuc Corporation (OTCPK:FANUY) [6954:JP] shares. FANUY’s recent share price correction following Q1 results has already priced in headwinds associated with the company’s ROBOT business division, considering that its trailing P/E multiple is near a three-year low. As such, I decided to…
This is an opinion editorial by Josef Tětek, a Bitcoin analyst at Trezor. Self-custody is an absolute must for every bitcoiner. After the collapses of FTX, BlockFi, Celsius and many others, the merit of the “not your keys” mantra is beyond obvious. However, self-custody comes in many forms, and the security properties of a single-seed…
asbe A Buy Rating for New Pacific Metals Corp. This analysis changes the rating for New Pacific Metals Corp. shares (NYSE:NEWP) (TSX:NUAG:CA) from the Sell recommendation of the previous analysis to a Buy recommendation of the current analysis. Compared to the previous analysis, the rating update is based on a positive change in the outlook…
The Tokyo Game Show 2023 will feature Oasys and double jump.tokyo, highlighting the latest trends in blockchain gaming. The Tokyo Game Show 2023, renowned as one of Japan’s largest gaming expos, is set to host a significant exhibition on blockchain gaming. Oasys, a blockchain-based game development platform, and double jump.tokyo will be the main attraction,…
anyaberkut Introduction The reinsurance industry is all about proper risk management as the companies here leverage this ability to drive growth. The risks mainly involve sudden events that are hard to predict and cause short-term earnings pain. For RenaissanceRe Holdings Ltd (NYSE:RNR) I think the performance so far has been very solid and the company…
The Taiwanese government is planning to release guiding principles by the month end, in order to boost information disclosure for crypto exchanges. Taiwan is preparing to introduce some sweeping regulatory changes while restricting offshore exchanges from operating in the country without any proper compliance in place. The Financial Supervisory Commission (FSC) of Taiwan has formulated…
Liz Leyden/iStock Unreleased via Getty Images Introduction Shares of Genesco (NYSE:GCO) have fallen 28% YTD. Despite the fact that the company’s financials look better than expected under pressure from macro headwinds, I believe that at the moment the upside potential of the quotes is limited. Investment Thesis First, I think that the pressure from macro…
The United States Government Accountability Office (GAO) warns that “limits on third party information reporting to the IRS is an important factor contributing to the tax gap, which is the difference between taxes legally owed and taxes actually paid”. The United States Department of the Treasury and the Internal Revenue Service (IRS) have jointly released…
Genus plc (OTCPK:GENSF) Q4 2023 Earnings Conference Call September 7, 2023 2:00 AM ET Company Participants Iain Ferguson – Non-Executive Chairman Jorgen Kokke – Chief Executive Stephen Wilson – Executive Director Alison Henriksen – CFO Conference Call Participants Charles Hall – Peel Hunt Max Herrmann – Stifel Damian McNeela – Numis Seb Jantet – Liberum…
UNESCO seeks to strike a balance between the benefits of GenAI and the preservation of traditional, fundamental learning experiences. UNESCO, the United Nations Educational, Scientific, and Cultural Organization, has taken a significant step in shaping the future of education by releasing its first-ever guidance on the use of Generative AI (Gen AI) for educational purposes….
PeopleImages Recently, I’ve covered two high quality office REITs – Boston Properties (BXP) and Highwoods Property (HIW) and issued HOLD ratings for both, because valuations have become more expensive over the past three months and I identified additional risks for each. Today, I want to have a look at one more office REIT, which I…
The new AI chatbot will allow Morgan Stanley cater more effectively to its growing wealth division and the teeming clients there. American financial services company Morgan Stanley is looking to introduce an artificial intelligence (AI) chatbot in interactions with its wealthy clients. Morgan Stanley developed the chatbot in collaboration with OpenAI, the company behind ChatGPT. Both Morgan Stanley and…
sedmak/iStock Editorial via Getty Images Trinity Capital (NASDAQ:TRIN) is a business development company (BDC) formed in 2019 that provides loans to venture debt to growth stage companies looking for equipment financing and capital. One of the few internally managed BDCs, Trinity has benefitted from the bank volatility and increased need for additional sources of capital….
To use the AI tool, Opera GX users will have to enable “Early Brid” in their browser settings. Gaming browser Opera GX has announced an integration of the ChatGPT-powered AI feature Aria to improve the gaming experience for users. Aria was first launched on the flagship Opera browser in May to make it easier for…
Дмитрий Ларичев Dear readers/followers, By now you know that my investing style is fairly conservative. I don’t try to time the market and I don’t invest in companies that trade at high valuations, regardless of how bright the future might seem. I stick to my approach of buying undervalued (mostly dividend-paying) companies in sectors which…
Both games incorporate Web3 innovations such as self-balancing tokenomics and dynamic guild warfare systems, giving top guilds the power to influence in-game resources and rewards. In an announcement during the ongoing Korea Blockchain Week (KBW), which started on September 4, Planetarium Labs, a leading Web3 gaming company, has unveiled two innovative blockchain games that promise…
chameleonseye By Valuentum Analysts It’s hard for us to really pin down what has gone wrong with PayPal (NASDAQ:PYPL) and the financial technology “fintech” space, more generally, during the past 12-18 months. After all, we viewed many in the fintech space similar to the likes of Visa (V) and Mastercard (MA), both of which are…
In a move that underscores the momentum of Bitcoin Ordinals protocol ecosystem, the OnChainMonkey (OCM) project has committed to migrating its entire digital art collection from Ethereum to Bitcoin. In total, moving the collection, which includes burning the old NFTs on Ethereum so they can no longer be traded, cost the project over $1 million…
Florent Molinier September has seasonally been a volatile month for stocks. Subsequently, the months of October, November, and December are more conducive for the bulls. That said, we are not seeing a rush into defensive sectors at the moment, such as utilities and low-volatility stocks. In addition, there is no widening of credit spreads presently,…
The Arm filing confirmed that the deal with Apple will last beyond 2040, while assuring that its relationship with other tech giants continue. Apple (NASDAQ: AAPL) has signed a deal with Softbank’s chip designer firm Arm that will last through 2040 and beyond, according to a filing with the United States Securities and Exchanges (SEC). The…
Ready for kickoff The NFL season will begin tonight with the defending Super Bowl champion Kansas City Chiefs playing the Detroit Lions at 8:20 PM ET. It will be front and center for the sports betting industry, which will continue to watch pro football matchups until the Super Bowl in Las Vegas on February 11,…
Celsius Network was perhaps one of the worst-hit firms when the crypto winter struck in 2022. Bankrupt crypto lender Celsius Network has accused Indianapolis-based EquitiesFirst Holdings of owing it some undisclosed amounts. That is according to a September 6 adversary complaint that was filed by Celsius. Although sealed, the title of the docket under which…
naphtalina/iStock via Getty Images Investment summary Consilient investors chasing long-term capital compounders might be interesting in the investment prospects of Insight Enterprises (NASDAQ:NSIT). The company spins off attractive rates of return from its investments, a fact the market has recognized heavily this year. The stock has now sells at 2-year highs, as seen in Figure…
On September 7, 2021, El Salvador made headlines worldwide by becoming the first country to pass a groundbreaking Bitcoin law, officially recognizing the cryptocurrency as legal tender alongside the U.S. dollar. This historic move, spearheaded by President Nayib Bukele, promised to revolutionize the nation’s financial landscape, and so far, signs suggest Bitcoin is building a presence…
Zephyr18 Focus of Article: The focus of PART 1 of this article is to analyze Annaly Capital Management, Inc.’s (NYSE:NLY) recent results and compare several of the company’s metrics to 19 mortgage real estate investment trust (mREIT) peers. This analysis will show past and current data with supporting documentation within four tables. Table 1a will…
In addition to exploring the Chinese market, Lucid is actively expanding its production capacity at its Arizona factory and preparing to launch its new SUV model called the Gravity. Lucid Motors, a prominent US electric car manufacturer, is actively considering entering the highly competitive electric vehicle (EV) market in China, the world’s largest and fastest-growing…
Miyako Nakamura/E+ via Getty Images Arcturus Therapeutics (NASDAQ:ARCT) has made great progress in advancing its pipeline thus far. Especially, when you consider that it has a near-term catalyst for investors to look forward to. That’s because in the coming months [2nd half of 2023] it is expected that it will release results from the phase…
Sheffield said that Visa sees great potential for blockchain technology, especially in global and cross-border payments. Payments giant Visa Inc (NYSE: V) will rely on multiple blockchains in the future. This is according to a blog post by the company’s Head of Crypto Cuy Sheffield dated September 6. In the post, Sheffield also spoke on…
stockcam Snap’s (NYSE:SNAP) recent struggles continued in the second quarter, despite an apparent stabilization in digital advertising. While companies like Meta (META) appear to be moving past market headwinds and the problems caused by Apple’s (AAPL) ATT initiative, Snap’s business continues to slide. Investors in the company need to have substantial faith in the management…
The Delaware Trust Company will act as the trustee of the spot Ether ETF from Ark Invest and 21Shares, while Coinbase will act as the crypto custodian. While the broader crypto market awaits the launch of the Ethereum futures ETF, financial players are gunning for a spot Ether ETF. On Wednesday, September 6, asset managers…