RealPeopleGroup/E+ via Getty Images By Blu Putnam At a glance Job openings in the United States are off their peak post-pandemic level and appear to be receding toward pre-pandemic levels. Unemployment remains under 4%, only rising a few notches in August, and is a healthy sign that more people are returning to the labor force….
Sundry Photography Investment Thesis Arista Networks, Inc. (NYSE:ANET) is a company that has consistently outperformed the index. Over the last decade, it has delivered impressive returns to its shareholders, which is not surprising given the quality and resilience of its business model. In this comprehensive article, we will delve into the pivotal role that Arista…
Rachel Murray/Getty Images Entertainment Since the last time I wrote about the online luxury seller Farfetch (NYSE:FTCH) in July, its price has dropped by an eye-popping 62.4%. Even at the time, I had given it a Hold rating, with the title itself saying that it was too volatile to buy. The only reason holding me…
yacobchuk/iStock via Getty Images I placed a hold rating on Eastman Chemical Company (NYSE:EMN) in July, stating that the company was not out of the woods, indicating more uncertainty. The stock has dropped 3.6% since July, compared to the S&P 500 Index (SP500) 0.08% drop. Since the article, the company has released its Q2 earnings,…
Cunaplus_M.Faba/iStock via Getty Images Cyteir (NASDAQ:CYT) is a developer of cancer therapeutics. Lead candidate CYT-0851 is an orally bioavailable small molecule inhibitor of monocarboxylate transporters targeting relapses or refractory solid tumors in a phase 1 trial. In July, despite seeing drug activity in monotherapy trials, the company decided to suspend operations and sell all assets….
This is an extension to my previous article series discussing the different sidechain proposals that exist. Those articles can be found here: Spacechains, Spacechain Use Cases, Softchains, Drivechains, Federated Chains, and Trade Offs Of Sidechains. Botanix Labs has proposed a completely new sidechain design recently, called spiderchains, for the purposes of porting the Ethereum Virtual…
TERADAT SANTIVIVUT The Invesco S&P 500® Top 50 ETF (NYSEARCA:XLG) tracks the performance of the S&P 500 Top 50 Index, which is composed of 50 of the largest companies in the S&P500. It may surprise many to know that large and mega-cap stocks have underperformed over the long term due to slower earnings growth than…
bpperry The Department of Justice and Attorneys General of 38 states allege that Google (NASDAQ:GOOG) (NASDAQ:GOOGL) maintains its monopoly power in the search & search advertising market through a set of exclusive contracts that make Google the default search engine on a range of products in exchange for a share of the advertising revenue generated…
MicroStockHub/iStock via Getty Images Introduction It’s time to talk about UGI Corporation (NYSE:UGI), one of America’s largest regulated gas utilities. The stock is down more than 30% year-to-date, bringing the total selloff from its all-time high to 60%. The company now yields 6.1%. This begs the question: should we start buying UGI? After all, the…
sanfel Even as electric vehicle (“EV”) demand grows, EVgo, Inc. (NASDAQ:EVGO) has hardly made any progress towards being profitable. The EV charging station business remains bleeding edge, leaving shareholders subsidizing losses for EV users. My investment thesis remains ultra Bearish on the stock, even close to the all-time lows below $4. Source: Finviz Mounting Losses…
CatEyePerspective/iStock via Getty Images Roche’s (OTCQX:RHHBY) stock price has declined from a peak of CHF 385 in April 2022 to CHF 250 today, underperforming its peers and the broad equity market. Roche relied heavily on three blockbusters (namely Avastin, Herceptin and Rituxan, also called AHR). Before losing their patent protections between 2018 and 2020, these…
grandriver Investment Thesis Holley boasts a strong financial standing, supported by a steadily improving balance sheet in the brief three years since it began trading. Nevertheless, considering the significant abnormal price gains thus far and the stock’s high volatility, I am not particularly confident that it can achieve returns surpassing the market in the future,…
bymuratdeniz It has been a trope that oil is going to become an ‘orphan asset’ and that its use would end, and it would become an obsolete energy source. This is because of the gigantic efforts to halt ‘climate change’ caused by human CO2 emissions. The thrust of so much change to get to ‘Net…
The company’s decision to distance itself from A&T Capital comes when the crypto industry is navigating its own set of challenges. Chinese fintech giant Ant Group is withdrawing its investment from A&T Capital. The crypto venture-focused company received $100 million from Ant Group to invest in offshore crypto ventures, Bloomberg reported Monday, citing people familiar…
kaetana_istock/iStock via Getty Images At a Glance In my previous analysis, I recommended a “Sell” position on Cytokinetics (NASDAQ:CYTK), a sentiment I largely maintain. The company faces heightened scrutiny with a declining revenue base, which fell from $89M to a meager $0.9M in Q2 2023. Aggressive R&D spending of $83.2M, largely funneled into cardiac myosin…
According to the CMA, the AI principles will help to promote competition in the UK, while also protecting consumers from exploitation. The United Kingdom’s (UK) antitrust agency has set principles that should form the framework for guiding artificial intelligence (AI) regulation. The Competition and Markets Authority (CMA) published a press release on Monday and included…
eternalcreative/iStock via Getty Images In the summer of 2022, I believed that Amphenol (NYSE:APH) was a value compounder at work. The company has seen signs of life again as the company pursued bolt-on deals again in the aftermath of the pandemic. The company has continued to pursue bolt-on dealmaking at various occasions, yet 2023 has…
The merger between Hut 8 and USBTC is not just a significant event within the crypto space, it also holds great promise for investors and the broader financial markets. In a recent development, Hut 8 Mining Corp (NASDAQ: HUT) has received final approval from the British Columbia Supreme Court for its merger with US Bitcoin…
Corri Seizinger/iStock via Getty Images Dear readers/followers, I have previously written about the copper/metals player Aurubis (OTCPK:AIAGF) (OTCPK:AIAGY). After being neutral on the business due to overvaluation for the better part of a year I finally went to “BUY” back in June of this year. Unfortunately, a few things happened to ensure that the company…
In pursuit of this mission, Swisstronik has recently unveiled two groundbreaking milestones. The startup closed a seed funding round, amassing an impressive $5 million. The second pivotal development by Swisstronik is the initiation of a private token sale, targeting early adopters. Swisstronik, a Web3 compliance startup based in Switzerland, is making significant waves in the…
bfk92 Introduction It has been several months since we last covered ZIM Integrated Shipping Services Ltd. (NYSE:ZIM), where we gave it a buy rating of $21. The stock has since plunged primarily due to very poor Q1 and Q2 results, posting huge losses and missing significantly on the top and bottom lines. The company then…
Aside from the EU, Hong Kong and the United Kingdom have also made progress with crypto regulation. Malta’s Financial Services Authority (MFSA) has begun a public consultation on the proposed changes to its crypto rulebook. The regulator circulated a draft document representing the revised version of its crypto regulation on Monday. Malta issued the rulebook…
SweetBunFactory The raging bull market of 2023 – which I believe is far from done – has created some very clear winners and (relative) losers. One of the winners has certainly been the semiconductors, a group that tends to be unbelievably volatile, but offers massive returns if you get it right. The semis – as…
The blocksize war marked a pivotal chapter in Bitcoin’s nascent history, illuminating the ability of node operators to withstand systemic changes that could undermine the network’s foundational principles of decentralization and censorship resistance. At the crux of the controversy was the issue of scaling Bitcoin to accommodate growing transaction volumes. While one camp advocated sacrificing…
Daniel Wright/iStock Editorial via Getty Images Note: I have covered ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) previously, so investors should view this as an update to my earlier articles on the company. Last year, Israel-based liner company ZIM Integrated Shipping Services Ltd., or “ZIM,” attracted strong retail investor interest due to its eye-catching high payouts…
Casey Rodarmor, the creator of the Ordinals protocol, made a surprising return to the public eye during the Ordinals Summit held in Singapore this week. The appearance marks Rodarmor’s first public engagement in months, following a period of isolation after the protocol’s launch in January of this year. He previously broke his silence most…
Parradee Kietsirikul Investment Thesis Despite Brown & Brown, Inc.’s (NYSE:BRO) solid share growth of more than 16% in the previous year and more than 345% in the last decade, the company appears to be selling below its fair value, providing a good investment opportunity. I attribute this outstanding success to the company’s robust growth levers,…
The new guidance will be the first one to key into delisting as a way of protecting investors. The New York State Department of Financial Services (NYDFS) is set to publish a new set of rules for crypto firms. The proposed guidance, per a Wall Street Journal report, will seek to ensure that crypto firms…
enviromantic Investment thesis From 2014 to 2022, Ryerson Holding Corporation’s (NYSE:RYI) revenue grew at 7.1 % CAGR. But this was due more to changes in the selling price as there was hardly any tonnage growth despite its acquisitions. The price growth, especially the price spike in the past 2 years, enabled it to generate strong…
Luckily, Cuban was quickly alerted and managed to move over $2.5 million worth of other crypto he had on Polygon to a Coinbase exchange address. It turned out to be a huge mistake for tech billionaire Mark Cuban when he decided to revisit crypto this past weekend. Having been inactive for several months, the Dallas…
DNY59 As we near the end of what has historically been the worst performing two months of the year for the stock market, and the pullback intensifies, the chorus of warnings from the bear camp grows louder. The economic data is perceived to be either too hot, suggesting interest rates will stay higher for longer,…
In response to Erdogan’s proposition, Musk conveyed his enthusiasm for the Turkish market. Turkish President Recep Tayyip Erdogan has extended an invitation to Elon Musk, the CEO of Tesla and SpaceX, urging him to consider establishing Tesla’s next factory in Turkey. The enticing offer was made during their meeting in New York, where Erdogan attended…
Brandon Bell As someone who has invested in and followed AT&T Inc. (NYSE:T) for over a decade, I have seen my fair share of false dawns. For example, many believed Randall Stephenson was the problem and him stepping down would spur the stock. Here we are, more than three years after he stepped down in…
JPEX attributed its liquidity difficulties to regulatory constraints and external market makers, leading to increased withdrawal fees and the suspension of specific services. According to various local media reports, Joseph Lam (Lin Zuo), a former lawyer and cryptocurrency influencer, has been arrested by Hong Kong authorities in connection with the JPEX crypto exchange. Crypto Influencer…
anyaberkut Written by Nick Ackerman, co-produced by Stanford Chemist. Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) takes a unique approach to blend together its portfolio with three of these different sectors. The fund trades at a deep discount, which has actually widened out since our last coverage well over a year ago. The discount might…
Beyond hardware and the focus on Vision Pro, Apple is making significant strides in the world of Artificial Intelligence. The year 2024 is already shaping up to be an exciting one for enthusiasts of Apple Inc (NASDAQ: AAPL), with the tech giant said to be working on a host of major product launches beyond Vision…
piranka/E+ via Getty Images Small-cap Richardson Electronics, Ltd. (NASDAQ:RELL) caught my attention earlier this year as a company with long-term growth potential due to its Green Energy Solutions Business, which could double revenue in the next five years to $500 million. The company has created many highly specialised engineering solutions; however, these solutions have remained…
On September 17, 2015, the U.S. Commodity Futures Trading Commission (CFTC) officially declared Bitcoin a commodity, a distinction that eight years later continues to set it apart from other cryptocurrencies that have yet to earn this status. While regulatory uncertainty still looms over other more centralized, digital assets, the CFTC’s classification of Bitcoin as a commodity…
MarsBars Written by Nick Ackerman, co-produced by Stanford Chemist. As we’ve seen several closed-end funds cut their distributions this year, Duff & Phelps Utility and Infrastructure Fund (DPG), John Hancock Premium Dividend Fund (PDT), Brookfield Real Assets Income Fund (RA) and now the latest Virtus Total Return Fund (ZTR), it might be time to look…
These IPOs align with the broader trend of Chinese companies seeking public listings in Hong Kong, driven by regulatory scrutiny and market dynamics. Three prominent mainland China-based companies, led by Beijing Fourth Paradigm, a cutting-edge artificial intelligence (AI) software firm, have debuted on the Hong Kong Stock Exchange with initial public offerings (IPOs). Collectively, the…
JasonDoiy The only purpose of Safehold (NYSE:SAFE) is to grow a portfolio of ground leases and to profit from doing so. Safehold owns the land and leases it to some commercial enterprise via a ground lease. Their ground leases are like supercharged long bonds. Long bonds typically feature a fixed coupon that is paid out…
The second quarter of 2023 marked the fourth consecutive quarter of declines in deal value, highlighting the prolonged nature of the downturn. The Chinese startup ecosystem, once a hotbed for innovation and home to tech giants like ByteDance and Didi Chuxing Technology Co Ltd, has recorded a slower growth rate in the first half of…
Michele Ursi/iStock via Getty Images At the beginning of summer, I raised the Teucrium Wheat ETF (NYSEARCA:WEAT) to a buy based on the potential negative impact of a developing El Niño, as well as rising geopolitical tensions between Ukraine and Russia. So far, my upgrade appears to be miss-timed, as the WEAT ETF had a…
NFL quarterback Trevor Lawrence has reached a settlement in a lawsuit involving FTX. This follows a trend of celebrities settling similar cases involving FTX promotions, including YouTubers Kevin Paffrath and Tom Nash. As Sam Bankman-Fried readies himself for a trial defense in Manhattan next month, court documents reveal that three celebrity promoters associated with his…
porcorex Introduction Over the coming months, I will have a series of articles discussing how to build a balanced retirement portfolio using Business Development Companies (“BDCs”) common stocks currently yielding almost 12% and their safer notes – baby bonds/preferred shares with yield-to-maturities ranging from 6.5% to 9.0%. This article discusses Blackstone Secured Lending (NYSE:BXSL) currently…
Last week, the Base Layer 2 network hit its ATH in daily transactions of about 1.88 million, higher than Optimism and Arbitrum combined. Coinbase Global Inc (NASDAQ: COIN) launched its Ethereum-based layer two (L2) network dubbed Base earlier in August. Less than two months later, the layer two network has registered exponential growth following high…
VV Shots Investment Thesis I take the view that NatWest Group (NYSE:NWG) can continue to see upside from here, on the basis of continued customer loan growth despite macroeconomic pressures. In a previous article back in July 2022, I made the argument that while NatWest Group had been seeing a recovery over the past couple…
Hong Kong law enforcement is conducting an inquiry into JPEX following a referral from the SFC regulator, over offering suspiciously higher returns for its interest bearing products. Amid the ongoing investigation by the Hong Kong police, crypto exchange JPEX has suspended its operations along with raising the withdrawal fees on the platform. The development happens…
Eugene Gologursky I last wrote about Tilray Brands (NASDAQ:TLRY) three months ago. In that piece, I predicted that the price could break $1. It did not! Of course, the world for cannabis stocks has changed greatly since late August, when the Department of Health & Human Services revealed that it has advised the DEA to…
Teka77 Dear readers/followers, My work on ThyssenKrupp (OTCPK:TYEKF) didn’t garner much attention when I said to invest at a low valuation, which in turn resulted in market outperformance. This in itself is not a strange thing – ThyssenKrupp has been a difficult company to invest in, to put it lightly. Nor did I go in…