The NEAR Foundation has become the official blockchain partner for ICC in a bid to help fans interact more with their favorite teams and players. The NEAR Foundation, the founder of the NEAR protocol blockchain which was designed as a community-run cloud computing platform, has announced a strategic partnership with the International Cricket Council (ICC),…
onurdongel/E+ via Getty Images Introduction Shares of The RealReal (NASDAQ:REAL) have risen 95% YTD. Despite the fact that the company continues to show improved profitability, I believe investors will need to wait for the next quarter’s results before deciding to go long. In my article, I would like to analyze current business trends, make assumptions…
Uniswap had previously raised $17.3 in the first round of a $74 million funding that was mapped out for its developer. Decentralized exchange (DEX) Uniswap is set to vote on additional funding for its developer, Uniswap Foundation. That is according to a September 27 announcement by the DEX. Uniswap is hoping that the vote will…
PixelsEffect Investment Thesis: I take the view that Host Hotels & Resorts will continue to see modest growth due to plateauing RevPAR performance and higher operating expenses. In a previous article back in February, I made the argument that Host Hotels & Resorts (NASDAQ:HST) may see modest growth going forward, with signs of slowing demand…
Despite its aim to achieve profitability next year, the company grapples with persistent challenges. During the Vox Media Code Conference on Wednesday, Linda Yaccarino, CEO of X (formerly Twitter), said confidently that the company is on track to achieve profitability in early 2024. The optimistic outlook follows the company’s determined efforts to rebuild its reputation…
Wirestock Countless digital ink has been spilled over the last few weeks about the state of Apple (NASDAQ:AAPL), the company’s new iPhone line, and how the valuation looks in today’s market. However, comparatively little has been said about a massive technical shift that just took place over the last few weeks – a move that…
The day’s trading was marked by mediocrity, with the European markets generally treading water before closing in the red. European markets endured a challenging day on Wednesday, with the region’s benchmark, the Stoxx Europe 600 (INDEXSTOXX: SXXP), closing at its lowest level since March 28, according to data from LSEG. Lingering concerns over inflation and…
bpawesome Investment Thesis Rigetti Computing (NASDAQ:RGTI) has a mighty compelling mission statement that Rigetti puts forth in large capital letters on their SEC filings, OUR MISSION IS TO BUILD THE WORLD’S MOST POWERFUL COMPUTERS TO HELP SOLVE HUMANITY’S MOST IMPORTANT AND PRESSING PROBLEMS. But beyond its strong use of words, the business is far from…
All the updates introduced by Meta will help the company compete with OpenAI and its ChatGPT. Meta Platforms Inc (NASDAQ: META) has announced the launch of significant AI updates across its applications. Now, Instagram, Facebook and WhatsApp have “state-of-the-art AI features” for “different things”. Firstly, Meta introduced new AI stickers that enable users to effortlessly generate…
oratai jitsatsue/iStock via Getty Images Dear readers/followers, I’m very careful about energy investments. Oil, Energy, and gas, while a sector I invest in, is also a sector I’m probably the pickiest about in my entire portfolio. One of the few investments in the space for me this year has been the Norwegian company Aker BP…
Now, the chatbot can again produce results from the browser and provide internet links to the current-day world in order to back up its findings with internet sources. OpenAI has announced that ChatGPT‘s feature “Browse with Bing” is back, after the company shut it down in July as a result of accessing paywalled content. Now,…
PeopleImages/iStock via Getty Images On Holding AG (NYSE:ONON) is an innovative company in athletic footwear that was incorporated in Switzerland (2010) and then listed in the NYSE (2021). The company engages its activities in the running segment with a competitive advantage in its patented cushioned platform technology called CloudTec. In 2022, On Holding reached $1.3…
A foray into traditional finance by Kraken would put the exchange in direct competition with US-based trading platform Robinhood. Cryptocurrency exchange Kraken reportedly plans to begin offering trading services for exchange-traded funds (ETFs) and US-listed stocks. A September 27 report by Bloomberg stated that the exchange plans to launch its trading services in the United…
JamesBrey Introduction Since the start of rate hikes Business Development Companies better known as BDCs have held up well. They’ve flourished during the rise of interest rates while REITs have tanked. Why? Because they typically offer high yields compared to the latter. As the REIT sector (VNQ) has dropped over 6% in the last year…
Meta will try to compete with Apply using its much-cheaper Quest 3 VR headset ready for shipping next month. Meta Platforms Inc (NASDAQ: META) officially announced the Quest 3 headset on Wednesday at the company’s Connect conference. Interested buyers can preorder and wait for shipping, which begins on Tuesday, October 10. The new Quest 3 will…
BlackJack3D Abstracting Crypto’s Complexities Crypto has become a divisive term, where it seems investors are either passionately supportive or dismissive of this emerging asset class. Yet we’ve also noticed that very few actually understand this technology. While Bitcoin captures the most attention, its limited use cases make it an outlier vs other digital assets. We…
franckreporter Investment briefing Shares of TFI International Inc (NYSE:TFII) have climbed a steady wall since the company listed on the NYSE back in 2020. Investors have rallied the stock 37% over the last 12 months at the time of writing, driven by a number of economic value factors. For reference, TFII is a logistics and…
D. Lentz Original Post By Sohrab Darabshaw In an otherwise down market staring at a slow recovery in 2023, only India stands apart from the rest of the world in terms of aluminum production and consumption. Indeed, the government’s push for new infrastructure, especially for green energy, continues to drive domestic consumption and overall stability…
G0d4ather Last month, Broadcom (NASDAQ:AVGO) unveiled its Q3 earnings (ending July) which surpassed sell-side expectations. The stock surged nearly 10% in the two days leading up to the announcement, mirroring investor anticipation reminiscent of Nvidia’s standout performance. However, lacking the expected blowout, the stock dipped 4%, eventually settling back to its pre-run-up levels. I initially…
Scott Olson Investment thesis: As we head into the last quarter of the year, I decided to take stock of one of my main end-of-2022 predictions for this year, namely that the S&P 500 (SP500) will finish the year at 4,200 points. We are currently about 2% above that level, meaning that for the last…
georgeclerk/iStock via Getty Images Introduction The last quarterly report from the company managed to showcase a decent improvement in one of the more important areas for the company, its delinquency rates. The move was positive and the rate for 90+ was reduced to 3.5%, down from 4.1% in the previous quarter. Apart from that, there…
Justin Paget Flex Ltd. (NASDAQ:FLEX) provides multiple solutions for businesses. The company has achieved a margin that’s significantly above Flex’s long-term history, as the Nextracker segment proceeds to take a greater share of the company’s top line. Although the company’s organic financials seem to have quite good times ahead, I believe the growth prospects are…
BalkansCat/iStock Editorial via Getty Images Thesis Toronto-Dominion Bank (NYSE:TD) is the second-largest bank in Canada. Its balance sheet is neat and clean, with adequate liquidity to weather potential economic downturns. Typical for Canadian banks, TD has paid dividends even during crises such as GFC 2008. Its business is well diversified geographically between the US and…
peshkov The Saudis’ oil supply cut made many investors rush to buy the relevant asset classes. But the story with the rising commodity prices is not over, it seems. The recent announcement I read was the fact Russia decided to temporarily ban its diesel exports to countries outside of the Eurasian Economic Union in an…
zhengzaishuru Pioneer Natural Resources (NYSE:PXD) has been on a tear lately. Up more than 34% since mid-March, the mid-sized Oil & Gas production company has surged in price on the back of two impressive earnings reports, in addition to a resurgent underlying oil market: TradingView While we like the company and believe that management has…
Marlon Trottmann Here’s an interesting trend for the Swiss multi-commodity miner and marketer, Glencore ADR (OTCPK:GLNCY). In the past year, its price returns have been at 12.1%, but its total returns are almost double that at 23.2%. This means, that when considering GLNCY, it’s important to consider the value of dividends and buybacks, which have…
tadamichi By Shawn Lyons, CFA, Vice President and Portfolio Manager, Franklin Templeton Fixed Income Group The commercial real estate sector’s continued challenges could potentially impact US banks. Franklin Templeton Fixed Income’s Shawn Lyons discusses the ongoing commercial real estate crisis and how US banks are safeguarding themselves against these issues. Office CRE, how bad is…
Vladimir Zakharov Introduction We have written an article on Vanguard Small-Cap Index Fund ETF Shares (NYSEARCA:VB) back in 2020 during the initial outbreak of the pandemic. The article is available here. At that time, we had a hold rating as there were a lot of unknowns about COVID, and that Small-Cap stocks generally do not…
Call Start: 14:00 January 1, 0000 2:33 PM ET Iron Mountain Incorporated (NYSE:IRM) RBC Capital Markets Global Communications Infrastructure Conference Call September 27, 2023 14:00 ET Company Participants Barry Hytinen – Executive Vice President & Chief Financial Officer Conference Call Participants Jonathan Atkin – RBC Capital Markets Jonathan Atkin Welcome to the afternoon fireside chat….
Nastco/iStock via Getty Images MoonLake Immunotherapeutics (NASDAQ:MLTX), a small Swiss company I covered in April, has done well in the last 5 months after posting positive data from a phase 2 trial of sonelokimab in hidradenitis suppurativa, a skin disorder. MoonLake is a developer of nanobody medicines for inflammatory diseases. Lead asset sonelokimab is targeting…
hapabapa Intro and Results Micron (NASDAQ:MU) just reported Q4 and full-year results that weren’t as bad as many have thought. However, the company’s share price tumbled in after-hours due to mixed guidance. Non-GAAP loss per share came in at $1.07 and beat estimates by 11 cents while revenues of $4.01B beat estimates by $80m. The…
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. Late last month, a bipartisan group of U.S. Senators introduced the Financial Technology Protection Act, which would “create a working group tasked with studying how terrorists or other criminals might…
Aytu BioPharma, Inc. (NASDAQ:AYTU) Q4 2023 Earnings Call Transcript September 27, 2023 4:30 PM ET Company Participants Robert Blum – IR Josh Disbrow – CEO Mark Oki – CFO Conference Call Participants Naz Rahman – Maxim Group Operator Greetings. Welcome to the Aytu BioPharma Fiscal 2023 Q4 Earnings Conference Call. At this time, all participants…
triloks/iStock via Getty Images Strategy overview iShares iBonds 2024 Term High Yield and Income ETF (BATS:IBHD) is a high yield bond fund paying monthly distributions, with an expense ratio of 0.35%. It was launched on 5/7/2019 with the objective of investing in components of the Bloomberg 2024 Term High Yield and Income Index. The fund…
Volodymyr Kalyniuk/iStock via Getty Images For much of the last decade, life sciences tools has been a “yeah, but” sector. Meaning, yeah, the revenue growth rates have been good, business relationships tend to be sticky, margins (and return metrics like ROIC) are typically very good, and opportunities like bioprocessing / bioproduction provide an attractive runway…
Shinobi’s Strawman is a weekly series where our Technical Editor Shinobi challenges the Bitcoin community, aiming to stir up conversation around heated technical debates. ______________________________________________________________ It’s been two years since the last upgrade to Bitcoin, Taproot, activated and went live on the network. Since then there has been a proliferation of proposed changes for the…
abadonian Neuberger Berman Energy Infrastructure and Income Fund Inc (NYSE:NML) is a closed-end fund, or CEF, that specializes in investing in midstream companies, master limited partnerships, and other companies that provide the necessary services to ensure that society has available the energy to meet the needs of society. This has generally been a fairly good…
LauriPatterson Investment Thesis Mondelez International, Inc. (NASDAQ:MDLZ) has built itself a wide moat based on its competitive advantages: a wide range of category offerings, household brand reputation, and international footprint. MDLZ is a snack and beverage company with a product portfolio that ranges from salty snacks, cookies, gum, crackers, snack bars, and biscuits to much…
antolikjan/iStock via Getty Images Biohaven Ltd Stock Surging Again I last covered Biohaven (NYSE:BHVN) for Seeking Alpha back in June, when its stock price was surging on the back of an investor day presentation that suggested a positive outlook for the company. Today, shares are buoyant again – up nearly 30% in trading today –…
alberto clemares expósito Our Bullish INMD Investment Thesis Failed To Materialize As Expected We previously covered InMode (NASDAQ:INMD) in July 2023, discussing the stock’s discounted valuations and depressed stock prices, as the macroeconomic outlook remained uncertain over the next few years. We had believed that the stock might eventually be re-rated closer to the higher…
Plug Power Inc. (NASDAQ:PLUG) Unveiling the Potential of Liquid Hydrogen: Innovative Solutions and Market Insights Conference Call September 27, 2023 12:00 PM ET Company Participants Chris Rial – Director Business Development Ian Richardson – Product Development, R&D Manager, Plug Power’s Hydrogen Liquefaction Program Operator So good morning, afternoon, evening everyone. Welcome to this month’s episode…
Klaus Vedfelt Thesis The iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) is a fixed income exchange traded fund. As per its literature, the fund: Seeks to track the investment results of an index composed of U.S. dollar-denominated investment-grade corporate bonds with remaining maturities between one and five years. The respective index is the…
courtneyk A Quick Take On TTEC Holdings TTEC Holdings, Inc. (NASDAQ:TTEC) provides various customer experience and related advisory services to global businesses. I previously wrote about TTEC with a Hold outlook. Consulting firm clients are delaying discretionary projects and exerting more scrutiny over existing and new project engagements. Given reduced revenue growth and the apparent…
Bitcoin ETFs provide an easy way for investors to put their funds into the cryptocurrency market. The crypto industry is rife with anticipation for the Securities and Exchange Commission (SEC) to approve spot Bitcoin exchange-traded fund (ETF) applications. However, the extended clamor may now have the right backing as four members of the House Financial…
High Yield, Low Risk opportunities are rare, but do exist. JamesBrey High-yield stocks are some of the best equities you can invest in today. There are high-yield names in every market, but today, with financials and (until recently) energy being out of favor, such stocks have higher yields than in recent memory. Current market conditions…
Guyana was the world’s fastest growing economy for 2022 and is expected to retain the title until 2025 as oil production increases. According to a recent GDP forecast from the International Monetary Fund, Guyana is expected to grow at impressive rates over the next few years. Currently the world’s fastest-growing economy, the South American country…
Wirestock/iStock Editorial via Getty Images I recently published a bearish article on Warner Bros. Discovery (NASDAQ:WBD), “WBD.” However, after additional analysis, I admit I was wrong. My conclusion was hasty. Instead of focusing on WBD’s free cash flow, I focused more on its higher-than-expected losses. However, much of the new company’s losses are due to…
Concerns about higher interest rates can lead to reduced borrowing, higher financing costs, and a potential slowdown in economic activity. On Tuesday, September 27, the US stocks experienced a significant dip as bond yields inched up and consumer confidence declined for the second consecutive month in September. The Nasdaq Composite (INDEXNASDAQ: .IXIC), S&P 500 Index…
Frazer Harrison My Thesis Over the past five years, Ulta’s (NASDAQ:ULTA) stock has encountered a challenging period despite its resilient financials, consistently underperforming the S&P 500 index. The reasons behind this trend remain unclear. However, I believe that this downward trend is unlikely to continue, and there is a strong possibility that the stock will…
The global crypto exchange has been facing intense regulatory scrutiny. Most of its regulatory issues are in Europe Binance has urged customers in France to convert their fiat currency on the exchange to crypto. This comes on the heels of the crypto exchange losing its euro banking partner Paysafe. As part of the partnership, Paysafe…