Plus Therapeutics, Inc. (NASDAQ:PSTV) Q3 2023 Earnings Conference Call October 31, 2023 5:00 PM ET Corporate Participants Marc Hedrick – President and Chief Executive Officer Andrew Sims – Vice President and Chief Financial Officer Norman LaFrance – Chief Medical Officer Conference Call Participants Justin Walsh – Jones Trading Sean Lee – H.C. Wainwright Edward Woo…
PROS Holdings, Inc. (NYSE:PRO) Q3 2023 Earnings Conference Call October 31, 2023 4:45 PM ET Company Participants Belinda Overdeput – Director, IR Andres Reiner – President & CEO Stefan Schulz – CFO Conference Call Participants Chad Bennett – Craig-Hallum Capital Group Rob Oliver – Baird Jason Celino – KeyBanc Capital Markets Scott Berg – Needham…
Acadia Realty Trust (NYSE:AKR) Q3 2023 Earnings Call Transcript October 31, 2023 11:00 AM ET Company Participants John Demoulas – Analyst Ken Bernstein – President and CEO AJ Levine – SVP, Leasing and Development John Gottfried – EVP, CFO Conference Call Participants Floris van Dijkum – Compass Point Ki Bin Kim – Truist Linda Tsai…
VioletaStoimenova In November of last year, I believed that AMETEK, Inc. (NYSE:AME) was putting some money to work again, announcing two bolt-on deals after 2022 has been quite strong so far. Liking the performance of the business and its strategy, I was upbeat on the business but found the valuation a bit too demanding to…
Ferrovial, S.A. (OTCPK:FRRVF) Q3 2023 Earnings Conference Call October 31, 2023 1:00 PM ET Company Participants Silvia Ruiz – Head-Investor Relations Ernesto López Mozo – Chief Financial Officer Jose Velao – Chief Financial Officer-Cintra Iñaki Garcia-Bilbao – Chief Financial Officer-Ferrovial Construction Laura López – Chief Financial Officer-Ferrovial Airports Conference Call Participants Silvia Ruiz Good afternoon…
Camden National Corporation (NASDAQ:CAC) Q3 2023 Earnings Conference Call October 31, 2023 3:00 PM ET Company Participants Greg Dufour – President and CEO Mike Archer – Executive Vice President and CFO Conference Call Participants Steve Moss – Raymond James Damon DelMonte – KBW Operator Good day. And welcome to Camden National Corporation’s Third Quarter 2023…
CVR Partners, LP (NYSE:UAN) Q3 2023 Earnings Conference Call October 31, 2023 11:00 AM ET Company Participants Richard Roberts – Director, Financial Planning and Analysis and IR Mark Pytosh – CEO Dane Neumann – CFO Conference Call Participants Rob McGuire – Granite Research Operator Greetings, and welcome to the CVR Partners LP Third Quarter 2023…
koto_feja/E+ via Getty Images Company website Investment Thesis Rating Catalyst Pharmaceuticals, Inc. (NASDAQ:CPRX) Buy with 2-5 year target of $40 (3x upside) based on the discounted cash flow (“DCF”) valuation method. Steroids are used in 70% of patients with Duchenne’s muscular dystrophy, DMD, a debilitating neuromuscular disease, which is a 2 billion/year market and is…
Nickel Industries Limited (OTCPK:NICMF) Q3 2023 Earnings Conference Call October 31, 2023 6:00 AM ET Company Participants Justin Werner – Managing Director Chris Shepherd – Director and Chief Financial Officer Conference Call Participants Niel Botha – Ninety One Justin Werner Thank you, and thank you everyone for your attendance at this quarterly results call. Once…
Nikada Nearly all stocks outside of the US megacap Magnificent Seven have produced negative alpha this year. Stretch out the performance scope to five years, and you’ll also see heavy underperformance among value stocks, foreign equities, and domestic SMID caps. But did you know: It’s not big glamour stocks, strength overseas, or US small-caps that…
Investors will be eyeing major announcements ahead this week such as jobs report, Federal Reserve rate decision, and Apple’s earnings. On Monday, October 30, the Dow Jones Industrial Average (INDEXDJX: .DJI) gained by over 511 points or 1.58%, ending the trading at 32,928.96. This was the biggest single-day gain market by the index, after June…
Douglas Dynamics, Inc. (NYSE:PLOW) Q3 2023 Earnings Conference Call October 31, 2023 10:00 AM ET Company Participants Nathan Elwell – VP, IR Robert McCormick – President, CEO & Director Sarah Lauber – EVP, CFO & Secretary Conference Call Participants Michael Shlisky – D.A. Davidson & Co. Timothy Wojs – Robert W. Baird & Co. Gregory…
The Pegasus Testnet has gone through various stages of rapid development in order to support Saga’s partners and innovators. Based on a report from Chainwire, Saga, a layer-1 protocol for Web 3.0 gaming, has announced the introduction of its Incentivized Testnet, which is known as Pegasus. This marks a major milestone for the project as…
Marathon Petroleum Corp. (NYSE:MPC) Q3 2023 Results Conference Call October 31, 2023 11:00 AM ET Company Participants Kristina Kazarian – VP, Finance and IR Mike Hennigan – CEO Maryann Mannen – CFO Rick Hessling – SVP, Global Feedstocks Brian Partee – SVP, Global Clean Products Dave Heppner – SVP, Strategy and Business Development Jim Wilkins…
Today, SEC Chair Gary Gensler took to X (Twitter) to commemorate the 15th anniversary of the Bitcoin white paper. Gensler, who was nominated by President Biden to serve as SEC Chair in 2021, celebrated the publication of the original Bitcoin white paper by the pseudonymous creator Satoshi Nakamoto, along with a message that read, “If Satoshi Nakamoto went…
Brightspire Capital, Inc. (NYSE:BRSP) Q3 2023 Earnings Conference Call October 31, 2023 11:00 AM ET Company Participants David Palame – General Counsel Mike Mazzei – Chief Executive Officer Andy Witt – President & Chief Operating Officer Frank Saracino – Chief Financial Officer Kurt Yuen – Head, Corporate Finance Conference Call Participants Sarah Barcomb – BTIG…
Musk’s alterations to content policies have resulted in a considerable drop in advertising revenue. Elon Musk‘s social media platform ‘X,’ formerly known as Twitter, has taken a sharp downturn, currently valued at less than half of what he initially invested in purchasing the company a year ago. According to a Bloomberg report on Tuesday, citing…
guvendemir/E+ via Getty Images While many football fans know that the best offense is a good defense, the notion originated with the father of the United States and its first President, George Washington. In 1799, he wrote, “Make them believe, that offensive operations, often times, is the surest, if not the only (in some cases)…
The term “crypto” has become a buzzword, encompassing a wide range of digital assets. Amongst Bitcoiners, it has also become a derogatory term used to refer to altcoins, as seen in the oft-repeated phrase “Bitcoin, Not Crypto.” However, not everything in the crypto world is truly “crypto,” at least not in the literal sense of…
JHVEPhoto Introduction Houston-based Schlumberger Limited (NYSE:SLB) released its third quarter 2023 results on October 20, 2023. Note: As indicated regularly, I have followed SLB quarterly since December 2018. This article updates my article published on July 26, 2023. 1: 2Q23 Results Snapshot SLB again exceeded analyst expectations with third-quarter 2023 adjusted earnings of $0.78 per…
It’s that time of year when the leaves are changing, the chill of winter is in the air, and many of us in the Western world are once again gearing up for the holiday season. Thanksgiving and Christmas are important holidays for many and one of the best times to gather with family. Still, I…
miniseries Company Overview Big Lots (NYSE:BIG), through its subsidiaries, operates as a home discount retailer in the United States. The Company offers products under various merchandising categories, such as the furniture category that includes upholstery, mattresses, case goods, and ready-to-assemble departments; seasonal category, which comprises patio furniture, gazebos, Christmas trim, and other holiday departments; soft…
Today is fifteen years from the date of the publication of the Bitcoin whitepaper. A lot has happened in that fifteen years. Bitcoin went through the blocksize war. A nation state has adopted Bitcoin. We are possibly on the verge of a Bitcoin ETF approval. Bitcoin in almost every way is nothing like it was…
Bouygues SA (OTCPK:BOUYF) Q3 2023 Earnings Conference Call October 31, 2023 4:00 AM ET Company Participants Pascal Grangé – Deputy Chief Executive Officer & Chief Financial Officer Christian Lecoq – Chief Financial Officer, Bouygues Telecom Conference Call Participants Nicolas Cote-Colisson – HSBC Nick Lyall – Société Générale Mathieu Robilliard – Barclays Jakob Bluestone – BNP…
Experts continue to speculate on what the SEC’s next course of action regarding crypto-based ETF applications could be. The United States Securities and Exchange Commission (SEC) appears to be gearing up to reexamine Grayscale’s application to convert its Bitcoin trust into a spot exchange-traded fund (ETF). This comes after a recent decision by the D.C….
BASF SE (OTCQX:BASFY) Q3 2023 Earnings Conference Call October 31, 2023 6:00 AM ET Company Participants Stefanie Wettberg – SVP, Investor Relations Martin Brudermüller – Chairman Dirk Elvermann – CFO Conference Call Participants Christian Faitz – Kepler Cheuvreux Gunther Zechmann – Bernstein Sam Perry – UBS Matthew Yates – Bank of America Chetan Udeshi –…
Bitcoin forms a “Golden Cross” pattern on the technical charts suggesting a bullish price actions going ahead. The world’s largest cryptocurrency Bitcoin (BTC) has been consolidating around $34,400 levels recently with the Bank of Japan (BoJ) recently deciding to soften its grip on the “yield curve control” program. On Tuesday, the central bank maintained the…
Laurence Dutton Overview Autodesk (NASDAQ:ADSK) notably underperformed the broader market last year, witnessing a stock decline of roughly 9% year-over-year. In comparison, the NASDAQ index (QQQ) saw an approximate rise of 27%. The continuous high-interest rate environment dampens the construction market’s pace, which continues to be Autodesk’s most significant market segment. Interestingly, Autodesk didn’t capitalize…
Despite the varied economic performance across the 20-country common currency bloc, the challenges stemming from high inflation persist. The Eurozone is grappling with a significant economic downturn, as recent data indicate a sharp drop in inflation and a contraction in the region’s economy. According to a preliminary report published Tuesday by Eurostat, the European Union…
SweetBunFactory Investment (Sell) Thesis The Direxion Daily Semiconductor Bull 3X Shares (NYSEARCA:SOXL) ETF offers a three-fold daily exposure to the ICE Semiconductor index, encapsulating 30 US-listed semiconductor companies, making it a tempting tool for those bullish on the short-term outlook of this sector. However, its inherent leverage, coupled with a semiconductor industry grappling with high…
Andreessen Horowitz, to date, is arguably one of the most prolific investors in the blockchain space. Andreessen Horowitz (a16z) is reportedly planning to raise a $3.4 billion fund that will be designated for early-stage and seed-stage crypto businesses. The development was shared by Axios, which also cited other sources. According to Axios, a16z, the Silicon…
Sakorn Sukkasemsakorn Investment Thesis Cameco Corporation (NYSE:CCJ) just reported Q3 results of CAD$0.32 (approximately US$0.23), a big beat against the CAD$0.10 EPS analysts expected). It also declared another CAD$0.12 dividend. As an unwavering bull of Cameco, you might expect me to be very pleased with this latest set of results. Author’s work And you’d be…
As of late October, the SEC is reportedly reviewing eight to ten potential spot Bitcoin spot ETF filings. Asset manager Valkyrie has recently made waves due to its decision to amend its prospectus for a spot Bitcoin (BTC) ETF filed with the US Securities and Exchange Commission (SEC). The Valkyrie Bitcoin ETF Update James Seyffart,…
JazzIRT/iStock via Getty Images Monte Rosa Therapeutics (NASDAQ:GLUE) has been making good progress in advancing its pipeline of molecular glue degraders [MGDs]. The goal is to have protein-to-protein interaction to eliminate diseases but without binding pockets. Such an approach allows it to go after target indications that are thought to be undruggable with other small…
With the imminent launch of Bitcoin spot ETFs, many institutions are also looking to gain increased exposure to BTC. Exactly 15 years ago, Satoshi Nakamoto, the pseudonymous creator of Bitcoin, sent the Bitcoin whitepaper via email to a select number of cryptographers. Satoshi is fondly quoted to have opened the email saying: “I’ve been working…
Olemedia Bitcoin (BTC-USD) has garnered recent widespread investor attention after the decision by the SEC not to challenge the ruling, paving the way for a Bitcoin Spot ETF to enter the marketplace. The significance of the initial ruling and the subsequent decision by the SEC to not tempt fate again cannot be understated. A Spot…
The e-HKD program has taken a three-rail approach for the potential implementation of the virtual currency: foundation layer development, industry pilots and iterative enhancements, and full launch. Hong Kong’s central bank digital currency (CBDC) pilot is set to advance to its second phase following the successful completion of phase one. The first phase was largely…
Justin Sullivan Investment Thesis Intel (NASDAQ:INTC) represents an attractive opportunity given the company’s strong financials and dominance in the semiconductor industry. Intel is meeting customer demand efficiently with new product launches, regaining process leadership through R&D and scaling efforts, expanding production capacity globally with government funding, and delivering strong financial performance including revenue and earnings…
Analysts expect 10-20% of the Gold ETF money moving into Bitcoin post the BlackRock ETF approval i.e. $12 billion to $14 billion worth of inflows in BTC. The entire crypto community remains excited regarding the approval of the spot Bitcoin ETF, with huge expectations ahead from BlackRock. This is because it would trigger a new…
bin kontan One of the best income stocks that passive income investors can find in the high-yield market right now is Rithm Capital (NYSE:RITM), in my view. The mortgage trust is well-diversified, is actively working on adding new revenue streams and just comes out of a very profitable and successful third quarter. The Sculptor Capital…
According to MIDAO CEO Adam Miller, the amended law is the “most comprehensive law for DAOs globally”, and it has the potential to become a “blueprint for the rest of the world for regulating DAOs”. The Marshall Islands has been a popular territory for DAO establishment since 2022 when the government passed the law titled ‘Decentralized Autonomous…
lersan8910 Listen below or on the go on Apple Podcasts and Spotify Albemarle (ALB), lithium names plunge as supply storm merges with weakening demand. (00:25) SolarWinds (SWI), chief information security officer charged with fraud by SEC. (01:52) Jabil (JBL) to produce, sell Intel’s (INTC) silicon photonics components. (02:48) This is an abridged transcript of the…
With the US SEC opting not to appeal the Grayscale Investments case, amid ongoing application amendments, experts believe the approval of spot Bitcoin ETF is a matter of when and not if. With the United States controlling approximately 25 percent of global economic activities, the country’s decisions on the cryptocurrency market are closely monitored by…
AGLPhotoproductions/iStock via Getty Images Investment thesis Equinor ASA (NYSE:EQNR) is up +25% since my prior article from April (total return) and this European major also beat earnings on Friday. So is Equinor still a buy? While I remain long-term bullish, I think over the next quarter the risks may be more weighted to the downside:…
As a result of all the challenges faced by Tesla, its long-time partner Panasonic is also bearing losses. It has lowered its full-year operating profit forecast for its battery unit to ¥115 billion ($771 million) from ¥135 billion, as the demand for Tesla EVs in North America slowed down. Shares of Tesla Inc (NASDAQ: TSLA) have…
Michael Fischer Cronos Group Inc. (NASDAQ:CRON) is expected to report its Q3 earnings results pre-market on Wednesday, November 8th. Analysts expect the company to lose money on both GAAP and Non-GAAP basis on the back of $20.03 million in revenue. CRON Q3 Preview (Seekingalpha.com) Headquartered in Toronto, Canada, Cronos Group Inc, is an “innovative global…
After Bitcoin price closed above $32k last week, the macro bullish outlook was confirmed amid heightened institutional demand. The transition of the crypto winter to the spring season and a parabolic bull run are expected to take place in the coming months. As the trial for Sam Bankman-Fried (SBF), the former FTX boss, approaches the…
KucherAV/iStock via Getty Images Johnson & Johnson (NYSE:JNJ) is one of the largest companies in the healthcare sector, headquartered in New Brunswick. Investment thesis Since our last article was published in early August 2023, its share price has been under downward pressure. However, in October, it reached a price level at which we believe the…
It appears that the dYdX Chain is ready to take up an active role in the decentralized finance (DeFi) sector. The dYdX Foundation may have just made a series of new announcements signaling the arrival of a new phase in the ecosystem. This follows after it announced the launch of its mainnet on October 30,…
Harmonic Inc. (NASDAQ:HLIT) Q3 2023 Earnings Conference Call October 30, 2023 5:00 PM ET Company Participants David Hanover – IR Patrick Harshman – President and CEO Walter Jankovic – CFO Conference Call Participants Simon Leopold – Raymond James Ryan Koontz – Needham and Company Steven Frankel – Rosenblatt George Notter – Jefferies Tim Savageaux –…