Flux Power Holdings, Inc. (NASDAQ:FLUX) Q4 2023 Earnings Call Transcript September 21, 2023 4:30 PM ET Company Participants Carolyn Gordon – Marketing Manager Ron Dutt – Chief Executive Officer Chuck Scheiwe – Chief Financial Officer Conference Call Participants Rob Brown – Lake Street Capital Markets Matthew Galinko – Maxim Group Sameer Joshi – H.C. Wainwright…
Walgreens Boots Alliance, Inc. (NASDAQ:WBA) TD Cowen’s 8th Annual FutureHealth Conference September 21, 2023 3:00 PM ET Company Participants John Driscoll – Executive Vice President and President, U.S. Healthcare Conference Call Participants Charles Rhyee – TD Cowen Charles Rhyee Good afternoon. And thank you for joining us for the next session here at TD Cowen’s…
Since its conception in 2009, Bitcoin, a revolutionary digital money, has advanced significantly. The development of Bitcoin wallets has been astounding along with the rise of Bitcoin. It has been a wonderful journey from simple solutions to the sophisticated and feature-rich wallets we have today. We’ll go into the fascinating past of Bitcoin wallets in…
Aaron Davidson/Getty Images Entertainment Thesis Leading U.S. energy stocks like Exxon Mobil Corporation (XOM) and Chevron Corporation (CVX) have delivered strong returns recently (see the first chart below). To wit, they have delivered total returns of 12.58% and 8.17%, respectively). In contrast, the leading energy stocks from our northern neighbor went in the opposite direction…
This article is featured in Bitcoin Magazine’s “The Withdrawal Issue”. Click here to subscribe now. A PDF pamphlet of this article is available for download. “The special commodity or medium that we call money has a long and interesting history. And since we are so dependent on our use of it and so much controlled…
bephotographers/iStock via Getty Images Today’s analysis provides a systematic opinion on the iShares MSCI Mexico ETF (NYSEARCA:EWW), which is an exchange-traded fund (“ETF”) that tracks the MSCI Mexico IMI 25/50 Index. The iShares MSCI Mexico ETF presents a few interesting talking points, as Mexico’s “higher for longer” interest rate roadmap might intertwine with the ETF’s…
The Bitcoin Policy Institute, in collaboration with the Cornell Brooks Tech Policy Institute, is set to host a high-profile panel discussion on the theme of “Digital Currencies & Strategic Competition.” The event, which promises to be a pivotal moment in the ongoing conversation about the role of digital currencies in global affairs, will be held…
Tippapatt/iStock via Getty Images We rate Veeva Systems (NYSE:VEEV) as a buy as the company is executing well its migration plan from Salesforce (CRM) to Veeva Vault CRM while developing future growth avenues that might help the company secure double-digit revenue growth for the next few years. In our last article in December 2022: Veeva…
manyu ng/iStock via Getty Images This is a follow-up to last year’s long-term buy signal in gold, “Investor Activity In GLD Suggests A Price Breakout.” Just like silver, gold has essentially gone nowhere for three years. On September 18th, 2020, SPDR® Gold Shares ETF (NYSEARCA:GLD) closed at $176.70. Three years later, it’s at $180.48. That’s…
audioundwerbung First Trust Energy Infrastructure Fund (NYSE:FIF) is a closed-end fund, or CEF, that focuses on investing in the companies that perform much of the effort that we all take for granted every day. These companies include things like the midstream natural gas and petroleum companies that transport crude oil and natural gas from the…
.shock/iStock via Getty Images The Cruise Line Investment Thesis Remains Mixed We previously covered The Royal Caribbean Cruises (RCL) and Carnival Corporation (CCL) in various other articles, covering their stocks’ optimistic rally thanks to the robust booking trends, despite the impacted profitability and elevated debt levels. NCLH For this particular article, we will be looking…
uschools This article was coproduced with Leo Nelissen. Of all real estate industries, the office industry is my least favorite. It’s highly competitive, the industry has seen decades of oversupply, and nobody really likes working in an office. The pandemic made that very clear. One of the biggest threats to successful real estate investments is…
The new Nio smartphone, though outwardly resembling a conventional mobile device, harbors unique features that make it a game-changer for Nio’s customers. In a surprising and bold move, Nio Inc (NYSE: NIO), the distinguished Chinese electric car brand, has ventured into the world of smartphones. Nio’s CEO, William Li, recently disclosed in an exclusive interview…
Brandon Bell/Getty Images News Investment Thesis Dollar General Corporation (NYSE:DG) is one America’s largest variety retail stores. They target lower-income households across rural and underserved regions in America. Recent struggles due to falling consumer spending and increasing COGS has placed downward pressure on shares resulting in a massive 53% YTD selloff. However, the firm’s fundamental…
UTXOracle is a simple Python script [Attention: direct download link] that takes advantage of a surprising fact about the Bitcoin blockchain – by parsing on-chain data it’s possible to derive an approximate U.S. dollar price. A graph of UTXO creation over time. Source: utxo.live All of this is based on the chart above. The lines…
Just_Super Introduction The other day, I read an article about a broader adoption of artificial intelligence (“AI”). The Wall Street Journal reported that Amazon.com, Inc. (AMZN) is accelerating investments into its hardware, which includes the Kindle e-reader, the Echo smart speaker, and other products. Wall Street Journal One of the products is Alexa, powered by…
The trustee cited the need for additional time to facilitate the rehabilitation process. Defunct cryptocurrency exchange Mt. Gox has yet again postponed its repayment deadline by one year. This significant development was confirmed in a letter shared by Nobuaki Kobayashi, the trustee responsible for overseeing the rehabilitation of the exchange. Initially slated for October 31,…
Anna Usova/iStock via Getty Images We present our note on Grifols (NASDAQ:GRFS), a Spanish international pharmaceutical and chemical company focused on blood plasma products, with a Hold rating. While we like the oligopolistic market structure and Grifols’ strong positioning as well as the long-term potential of the plasma market, we are concerned about the high…
In a recent video interview on the Paul Barron Network, Mark Yusko, CEO and Chief Investment Officer of Morgan Creek Capital Management, made a compelling prediction about Bitcoin’s future. Yusko, with decades of experience in the financial industry, suggested that the approval of a Bitcoin spot exchange-traded fund (ETF) by the SEC could pave the way for…
Leonid Sukala I’ve been wanting to write an article about MicroStrategy (NASDAQ:MSTR) for a while. This is one of my favorite companies and has been ever since they embarked on their Bitcoin strategy. I really admire the CEO of MicroStrategy, Michael Saylor. Why? I admire him for the courage and conviction he has to do…
Shitcoiners have fat bags, really fat bags, really, really fat bags. Two weeks ago I put nostr.com up for sale to see what responses I would get back. I imagined Roger Ver offering to sell bitcoin dot com in 2013, and what would have happened if another player had bought it. I had a few…
Tim Boyle The airline sector remains the stock group that doesn’t rally much on great news and falls on mildly negative updates. Delta Air Lines, Inc. (NYSE:DAL) remains the sector leader, and the stock has already fallen back to early 2023 lows below $40. My investment thesis remains ultra Bullish, as higher jet fuel won’t…
The issuance of this license, provided by the Arkansas Securities Department, marks a pivotal moment for Alchemy Pay as it is the company’s first Money Transmitter License within the United States. Alchemy Pay, a cryptocurrency payment gateway, has significantly expanded its global presence by securing a Money Transmitter License in the state of Arkansas, United…
solarseven/iStock via Getty Images Introduction Novavax, Inc. (NASDAQ:NVAX), a prominent biotech company, distinguished itself during the COVID-19 pandemic by pioneering a spike protein-based COVID-19 vaccine, deviating from the widely adopted mRNA technology used by its competitors. However, Novavax’s stock has recently faced a downward spiral, plummeting by an additional 9% just yesterday. The negative market…
In recent years, the world has witnessed a remarkable shift towards digital currencies, with Bitcoin taking the lead. Now, a powerful advocate for this decentralized form of money has emerged in the form of Prince Philip of Serbia. With visionary initiatives he is working on like Jan3 and Aqua Wallet, he is leading the way…
amgun/iStock via Getty Images DISCLAIMER: This note is intended for US recipients only and, in particular, is not directed at, nor intended to be relied upon by any UK recipients. Any information or analysis in this note is not an offer to sell or the solicitation of an offer to buy any securities. Nothing in…
Amid sticky inflation, Fed Chair Jerome Powell said that they would approach the monetary policy very cautiously. Analysts expect only two rate cuts instead of four, in 2024. On Thursday, September 21, the US Treasury yields experienced an upward surge approaching levels not observed in over a decade. This movement followed the Federal Reserve’s announcement…
Igor Borisenko Introduction We are now almost three-quarters into the current year, and it’s fair to say that oil and gas equipment services stocks haven’t had a shabby year at all, outperforming the broader market by almost 500bps. Well, our stock in focus, which is the energy services firm- TETRA Technologies, Inc. (NYSE:TTI), has been…
The rapid increase in the value of Immutable’s IMX token has attracted not only the interest of crypto fans but also remarks from industry experts. In a surprising turn of events, ImmutableX (IMX) is experiencing a remarkable surge of 38.1% in just a few hours this morning following a corresponding trading volume spike. Recent data…
MTStock Studio/E+ via Getty Images A Quick Take On Kindly MD, Inc. Kindly MD, Inc. (KDLY) has filed to raise $7 million in an IPO of its common stock and one warrant per share, according to an SEC S-1 registration statement. The firm provides specialty outpatient chronic pain treatment services to patients in the state…
The Bank of England has halted its 14 consecutive interest rate hikes, keeping rates at 5.25% due to moderating inflation. Despite this, the economy remains precarious. The Bank of England has decided to end a streak of 14 consecutive interest rate hikes, keeping them at 5.25%, following data showing a moderation in inflation. According to…
Ian Tuttle Roblox Corporation (RBLX) is widely recognized as a gaming sensation, particularly among younger audiences. It has garnered the attention of investors, especially during the metaverse craze. However, there’s a need to pause and reflect on whether its valuation and ambitious plans are grounded in reality. 1. Investment Thesis My research suggests that solely…
eToro will be in a position to offer cross-border crypto services after the EU’s Markets in Crypto Assets (MiCA) regulatory framework goes into effect in December 2024. An investing platform with over 32 million registered users, eToro, has announced that it is ready to offer crypto-related services in the European Union (EU) after its application…
Дмитрий Ларичев Mega cap tech was hit hard on Fed Day, and the group has given back some of its Q3 gains. Tesla, Inc. (TSLA) has likewise pared recent gains following a sharp mid-August to early September advance. I am downgrading the YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) from a buy to a hold…
Ripple’s expansion plans come months after its partial victory in its ongoing legal battle with the US SEC. In a strategic move aimed at addressing ongoing regulatory issues in the United States, Ripple, a blockchain payment company, is gearing up to significantly expand its workforce in international markets. In an interview with CNBC on September…
niphon/iStock via Getty Images I think Fed officials set the stage for one of the greatest bear traps of all time yesterday with the adjustments they made to their Summary of Economic Projections. What is a bear trap? It is a false signal that a reversal is coming from what was an up-trending stock market…
Ten years ago this week, Joe Rogan, the world’s most popular podcaster, mentioned Bitcoin, a first in what has been an off-and-on theme of his programming ever since. As noted by Bitcoin Historian Pete Rizzo today, September 24 marks the anniversary of Joe Rogan’s interview with libertarian philosopher Stefan Molyneux, aired in 2013. In a…
Xiaolu Chu A Wild Ride Indexing has produced some interesting strategies over the years – from ETFs that utilize a complicated mix of derivatives to create the movement of two or three times the daily volatility of the underlying index, to a fund that can’t go down (though, it probably could), innovators in the ETF…
Toshiba believes that going private may help give the company renewed focus to tackle all of its teeming problems. Japanese multinational electronics company Toshiba Corporation is set to go private after a successful acquisition by a group of buyers led by Japan Industrial Partners. The deal, worth ¥2 trillion ($13.5 billion) will reverse Toshiba’s status…
Iurii Garmash Energy Transfer LP (NYSE:ET) is a massive company in the natural gas space. With a market cap of over $43 billion, it’s a behemoth in the energy sector. Much of the appeal of the company has come from the high dividend it currently has, at over 9%. I think that there are some…
The ‘honest’ mistake did eventually cost Alameda some millions of dollars. An individual simply identified as Baradwaj has dropped a bombshell of an accusation on his former employer Alameda Research. According to him, Alameda, which was owned by Sam Bankman-Fried, played a prominent role in the downward spiral of Bitcoin (BTC) that saw its prices…
Shutter2U Plains All-American Pipeline (NASDAQ:PAA)(NASDAQ:PAGP) and Enterprise Products Partners (NYSE:EPD) are high-yielding investment-grade energy midstream businesses. In the past, we have been very bullish on Plains, but its stock has significantly outperformed the midstream sector (MLPA) over the past year: Data by YCharts As a result, we are now re-evaluating it to see if it…
Amazon did not share a timeline for the new Alexa. However, the company noted that the new voice assistant technology will soon be available for US customers. Retail giant, Amazon, previewed a future version of Alexa that will be powered by generative AI. The company announced at its fall hardware event in its company headquarters…
Dilok Klaisataporn The Federal Reserve just announced its interest rate policy decision and decided to keep the federal funds rate at 5.25 to 5.50%. While market watchers tend to key in on the Fed’s rate decision, another important announcement was being made in the form of new quarterly economic projections that investors can use as…
Individuals with compatible external wallets, as well as merchants who embrace PYUSD for payments, will be able to receive transfers from Venmo users. In the latest development, financial payments giant PayPal announced that its PYUSD stablecoin will be now available to users on Venmo. In its blog post on Wednesday, September 20, PayPal said that…
greenbutterfly I had analyzed Confluent (NASDAQ:CFLT) in February, at $25, planning to buy on declines, around $20. My patience paid off as I managed to buy between $20 and $21. Here is a summary of the major reasons from my earlier article for buying the stock. The demand for real time, low latency data streams…
Starting from October, ChatGPT Plus and ChatGPT Enterprise clients will be granted access to DALL-E via the API. OpenAI has announced the release of DALL-E 3, the latest version of the text-to-image tool that uses ChatGPT to help create prompts. Users will be able to tweak their prompts – descriptions of images they want generated…
NicoElNino Investors, regulators, governments, suppliers, and others are playing a critical role in shaping environmental, social, and governance (ESG) practices as stakeholders look towards sustainability. To discover how these considerations are changing the landscape of credit risk management, S&P Global Market Intelligence (“Market Intelligence”) hosted a webinar, which examined the growing focus on ESG issues,…
In a bid to douse the fears of users about the safety of their funds, however, the platform has published a compensation plan. A recent filing has revealed that crypto asset platform JPEX is applying to nullify its registration with the Australian Securities and Investment Commission. As contained in the September 20 filing, which was…
Denis Linine/iStock Editorial via Getty Images Since I last wrote about the Swiss company Swatch Group (OTCPK:SWGAY) in June, its price has declined by 3.3%. This isn’t a notable movement, but the lack of momentum is something to consider in light of my Buy rating and the fact that it released its half year (H1…