T2 Biosystems, Inc. (NASDAQ:TTOO) Preliminary Q3 2023 Earnings Call Transcript October 12, 2023 4:30 PM ET Company Participants Trip Taylor – IR John Sperzel – Chairman & CEO Conference Call Participants Kyle Mikson – Canaccord Ben Haynor – Alliance Global Partners Operator Greetings. Welcome to T2 Biosystems Preliminary Third Quarter 2023 Financial Results and Business…
Greg Kelton/iStock via Getty Images It’s hard not to be bullish this time of year. Recall, it was precisely 12 months ago when the S&P 500 notched its bear-market bottom for 2022. The low of 3491 came about following a worse-than-expected September 2022 CPI report. Selling pressure was harsh in the moments after the consumer…
JHVEPhoto/iStock Editorial via Getty Images In the summer of 2015, I believed that there were better days to come for Sysco Corporation (NYSE:SYY) with activist investor Mr. Nelson Peltz coming on board, although future plans were still unknown. Mr. Peltz took a substantial stake in Sysco after a failed merger deal, while Sysco owned some…
I going to make a greatest artwork as I can, by my head, my hand and by my mind. Investment Thesis SoFi Technologies, Inc. (NASDAQ:SOFI) is a battleground stock. This means that there are both bears and bulls on either side of the stock. And both sides put across ferocious arguments. Whilst I have a…
FG Trade As Atlassian Corporation (NASDAQ:TEAM) has made a bolt-on deal for Loom, it is this announcement, in combination with a lagging share price, which calls for an update on a long-overdue investment thesis. In the final days of 2015, I believed that Atlassian had seen a successful IPO, as it was an interesting business,…
Ales_Utovko/iStock via Getty Images Introduction I wasn’t planning on writing another article so soon on Northrop Grumman Corporation (NYSE:NOC) after I covered the company on September 10 in an article with the title Northrop Grumman: My Favorite High-Tech Investment. Since then, shares have risen 12%, making it one of the best performers in my portfolio….
David McNew Research Note Summary In today’s research note, I covered a rail company, Union Pacific (NYSE:UNP), which I gave a buy rating. This Omaha-based company with roots going back to the 1800s, and trading on the NYSE, has shown strength in the category of dividends and free cashflow, as well as being reasonably valued…
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. ______________________________________________________________ So, some complete autist who is a relative newcomer to the public arena had to just come out of absolutely nowhere and drop a crazy idea onto the table that…
John Kevin By Samara Cohen Three Things To Know From Q3 2023 Exchange traded funds (ETFs) remain a fraction of the total global financial market in both equities and fixed income, ranging from 4.4%-12.7% of equities and 0.4%-2.6% of fixed income assets by region.1 Global ETF volumes, with the exception of an increase in Asia-Pacific,…
The following report is a collaboration between Marathon Digital Holdings Inc. and Bitcoin Magazine Pro on integrating bitcoin mining into landfill management and methane mitigation. TLDR Landfills are a significant contributor to global methane emissions, which, if mitigated, could have a greater environmental impact than managing carbon dioxide emissions. Conventional methane management methods, such as…
goc/E+ via Getty Images Thesis Summary Qifu Technology, Inc. (NASDAQ:QFIN) is a Chinese based Credit-Tech firm. It’s a digital lending company that provides accessible and personalized credit services to consumers and SMEs. Qifu Technology utilizes big data, machine learning, and AI to streamline its target audience’s decision-making process. Its consumer-based target audience comprises young urban…
Data released by the Labor Department show that CPI for September increased higher than expected, with several prices up from August. According to figures published by the Labor Department, the prices of goods and services increased quicker than expected in September. The consumer price index (CPI) rose 0.4% in September and 3.7% compared with the same period…
AContadini/E+ via Getty Images United Rentals, Inc. (NYSE:URI) is the market leader in equipment rental with a 17% market share. This figure represents a position of certain privilege which is also supported by consolidated competitive advantages and a sufficiently strong balance sheet. ‘Growth’ is probably the term that best identifies the path undertaken by the…
Jeremy Poland Tensions In The Middle East Grow The conflict in the Middle East is destabilizing the most crucial and volatile region for oil production. The historic normalization of Saudi Arabia and Israel relations may not occur due to the expanding conflict in the area. Furthermore, there’s an increased risk of significant escalation due to…
SeanPavonePhoto Headquartered in Canada, Slate Grocery REIT (OTC:SRRTF) (TSX:SGR.UN:CA) (TSX:SGR.U:CA) owns a portfolio of 117 “grocery-anchored” properties, comprising over 1,800 leases. The properties can be found in 24 of the 50 US states, with a higher concentration in the sunbelt region. Q2-2023 Presentation So this is a Canadian trading REIT, that has no exposure to…
Sono-Tek Corporation (NASDAQ:SOTK) Q2 2024 Earnings Conference Call October 12, 2023 10:00 AM ET Company Participants Dr. Chris Coccio – Chairman, Chief Executive Officer Steve Harshbarger – President, Chief Operating Officer Steve Bagley – Chief Financial Officer Stephanie Prince – PCG Advisory Conference Call Participants Ted Jackson – Northland Nelson Obus – Wynnefield Capital Bill…
piola666 Earlier this morning, the Bureau of Labor Statistics released the Consumer Price Index for the month of September. On a year-over-year basis, inflation came in at 3.7%, while core inflation (which removes food and energy) came in at 4.1% year over year. While core inflation (on a year-over-year basis) is at its lowest level…
“People want an authority to tell them how to value things, but they choose this authority not based on facts or results –– they choose it because it seems authoritative or familiar.” –Michael Lewis, The Big Short. Renowned author Michael Lewis published his book, Going Infinite: The Rise and Fall of a New Tycoon, on…
AlexLMX Introduction There will be major implications for both agricultural and energy commodities based on the fate of El Niño over the next few months. I wanted to share a bit about my weather forecasting techniques in this report. We’re diving into the nitty-gritty of El Nino and how it might impact global crop and…
ChargePoint stock comes under severe selling pressure as the company liquidates equity for another major fundraise. On Wednesday, October 11, EV charging network operator ChargePoint Holdings (NYSE: CHPT) announced its plans to raise a staggering $232 million through the stock sale. This was enough to send the ChargePoint stock spiraling downwards by 15%. ChargePoint announced that…
Olivier Le Moal Despite losing value in 2023, PIMCO Dynamic Income Fund (NYSE:PDI) has a role to play in the investment portfolios of passive income investors, in my view. The PIMCO Dynamic Income Fund is focused on interest rate-sensitive fixed income instruments, primarily mortgage-backed securities and high-yield debt, which have the potential to deliver price…
According to the filing, “over 95% of the 500 most popular sites on the Internet are the subject of typosquatting”. The New York-based investment giant BlackRock Inc has called for a crackdown on dozens of domain names that have been registered to imitate the investment firm as they could potentially be used to defraud investors….
Gabrijelagal/iStock via Getty Images Introduction As I explained in a previous article, I don’t see a whole lot of fundamental value in Pine Cliff Energy (OTCPK:PIFYF) (TSX:PNE:CA) as the reserve life is pretty limited and in my personal situation as an offshore investor, receiving the incoming free cash flow as dividends is not the most…
If the appeal process, which could take years, does not result in a unanimous agreement, the corporation would have to settle any unresolved issues in court. The United States Internal Revenue Service (IRS) has informed Microsoft Corp (NASDAQ: MSFT) that it owes back taxes of $28.9 billion “plus penalties and interest” for the tax years…
cemagraphics “The key is not to predict the future but to prepare for it.” – Pericles In 1654, scientist and philosopher Blaise Pascal famously wrote: “All of humanity’s problems stem from man’s inability to sit quietly in a room alone.” A recent study in the journalSciencefound that many people choose to self-administer an electrical shock…
As part of its celebration, the Czech-based firm has launched three new self-custody products. Hardware crypto wallet provider Trezor is in the mood for celebration after reaching the milestone of being in business for ten years. As part of its celebration, the Czech-based firm has launched three new self-custody products. The new Trezor products are…
Sundry Photography Some Introductory Thoughts Before A Brief Financial Analysis After years of waiting to buy CrowdStrike (NASDAQ:CRWD), I struck, so to speak, in late November of 2022 at $112/share, and I recently shared an update on the business here in the link below: CrowdStrike Holdings Stock: Right In The Strike Zone (CRWD). For those…
Delta AirLines see strong demand for international travel during the fourth quarter of 2023. However, rising fuel costs can eat into the company’s profits. In their latest update, Delta Air Lines (NYSE: DAL) reported that their profits jumped by a staggering 60% during the third quarter (Q3 2023) as the travel demand remained strong during…
Jozsef Soos/iStock Editorial via Getty Images Saab (OTCPK:SAABF) is seeing some secular push in margins in surveillance which is driving overall growth, and in general the businesses are performing well with major tailwinds from the spending push in defense that is happening across Europe. While not essential to business development, as Sweden already provides services…
In the heart of Sacramento, a quiet drama unfolds. As California’s legislative session concludes, two pivotal crypto regulatory bills, AB 39 and SB 401, stand on the cusp of becoming state law. These developments carry profound implications for the bitcoin and broader crypto industry, transcending California’s borders to influence future regulatory paths across other states…
andresr/E+ via Getty Images The September CPI report revealed a hotter-than-expected 0.4% rise in monthly consumer prices compared to the +0.3% consensus. The Core rate rose 0.3% last month, matching estimates. The year-on-year headline rate was unchanged at +3.7%, one-tenth to the warm side versus expectations while Core CPI rose 4.1% from a year ago,…
Fourteen years ago today, on October 12, 2009, a historic moment unfolded in the world of Bitcoin as Bitcoin saw its first-ever trade for U.S. dollars. This pivotal event, orchestrated by Martti “Sirius” Malmi, a developer who worked with Bitcoin’s pseudonymous creator Satoshi Nakamoto on some of its earliest software versions, marked the birth of…
naphtalina/iStock via Getty Images Investment summary Electrical components and equipment players have demonstrated attractive economic returns in FY’23. Expectations for the sector look to have revised higher on the back of this, reflected in the stock prices of selective opportunities this year. Hubbell Incorporated (NYSE:HUBB) is one such name, having rallied ~32% this YTD as…
Users subscribed to Character.AI’s $10 plan can now access the group chat for feedback and improvements, before public release. Chatbot startup Character.AI is launching a new group chat feature for subscribers. The firm, backed by venture capital giant Andreessen Horowitz (a16z), has introduced a group chat where the app’s users and friends can simultaneously converse…
Darren415 In this article, we take another look at the Cohen & Steers Limited Duration Preferred and Income Fund (LDP). The fund has recently released its shareholder report and we take this opportunity to update our analysis. LDP trades at a 9.2% current yield and an 11% discount. Quick Snapshot LDP has a fairly typical…
Following the attack by Hamas on Israel on October 7, traders initially priced in a $3 to $4 risk premium when oil markets opened. The International Energy Agency (IEA), known as the world’s leading energy regulator, has recently warned that the global energy market is likely to remain volatile as the war between Israel and…
Leila Melhado Investment Thesis In my view, MercadoLibre (NASDAQ:MELI) has effectively carved a niche for itself in Latin America’s e-commerce sector. As online commerce gains momentum in the region, MercadoLibre’s understanding of local nuances has positioned it ahead of many global competitors. However, when evaluating its investment potential, a measured approach is essential. A discounted…
Following the September meeting, the 10-year Treasury yield had risen to approximately 4.66% as of October 10, reflecting the expected rate increases that policymakers had indicated earlier. Federal Reserve officials have opted to maintain their cautious approach to monetary policy, leaving interest rates unchanged during their September meeting. Minutes from the September 19-20 meeting revealed…
The Good Brigade/DigitalVision via Getty Images Teen employment was mostly flat to lower in September 2023. After seasonal adjustments, some 5,570,000 Americans Age 16 through 19 were counted as having jobs during the month, down 14,000 from August 2023’s level. As a percentage of the Age 16-19 population, the share of working teens dipped from…
This strategic investment, totaling around $65 million, translates to approximately 0.01 percentage point in each bank. The impact on the market was immediate and substantial, with shares of these major banks soaring between 2.43% and 4.73% in the early hours of Thursday. China’s sovereign wealth fund, Central Huijin Investment Ltd, has taken a significant step…
Khosrork This article was coproduced with Leo Nelissen. REITs are fascinating – for many reasons. If you’re reading this, odds are you agree with me. There are many good reasons to have REIT exposure in a dividend (growth) portfolio. REITs typically have relatively straightforward business models that offer high yields and historically competitive long-term returns….
One notable adjustment pertained to the Net Asset Value (NAV) calculations, which ARK Invest acknowledged were not aligned with Generally Accepted Accounting Principles (GAAP), the accounting standard endorsed by the SEC. Eric Balchunas, an ETF analyst at Bloomberg, recently took to the social media platform X to reveal that ARK Invest’s latest amendment to its…
da-kuk Grayscale Investments won a court ruling (see here) saying the SEC must vacate its rejection of Grayscale’s attempt to convert Grayscale Bitcoin Trust (OTC:GBTC) into an ETF or exchange-traded fund. I’ve been anticipating this would ultimately happen since the end of 22′. I’ve written a short commentary for subscribers when the suit was just…
Today, THNDR has unveiled its latest innovation, Clinch — an API designed to enable instantaneous, borderless, low-fee, peer-to-peer wagering using the Bitcoin Lightning Network, according to a press release sent to Bitcoin Magazine. Recognizing the pain points of traditional competitive gaming platforms, such as high buy-ins, slow payouts, and regional restrictions, Clinch aims to redefine the…
Douglas Rissing When I first wrote about DLH Holdings Corp (NASDAQ:DLHC) it was Veterans Day, 11/11/21. It seemed appropriate at the time to write about an underfollowed public company that specialized in the health and well-being of Federal employees, and one that had seen immense benefits from the Covid-19 pandemic. Multiple contracts were being awarded…
At Bitcoin Amsterdam, Trezor unveiled a trio of innovative products designed to simplify and secure the Bitcoin journey for newcomers and novices. The “Trezor Safe” line, featuring the Trezor Safe 3 hardware wallet and the limited edition Trezor Safe 3 Bitcoin only model, marks the company’s commitment to self-custody in style. In addition, Trezor introduces…
DarioGaona Just over six months ago, I wrote on Endeavour Silver (NYSE:EXK), noting that while it was one of the few names to beat its FY2022 guidance and Terronera being green-lighted was a positive catalyst, there was limited upside in the stock from a share price of US$3.50. This is because it was trading near…
AI is being used in hiring in the areas of creating job descriptions, sourcing talents, creating and scoring assessments, screening new applicants, and training new employees. Artificial Intelligence (AI) has been gradually disrupting many industries, including the hiring/recruitment space. However, experts have shared that hiring companies may not be able to fully integrate AI with…
Ethan Swope/Getty Images News Germany’s footwear maker, Birkenstock Holding Limited (NYSE:BIRK), after 250 years of operations, went public this Wednesday, seeking a $9.2 billion valuation. However, the share price fell 12.6% on its first day of trading, leaving the company with a valuation of $7.5 billion, and a share price of $40.20. This was far…
Blockstream, a global leader in Bitcoin infrastructure technology, has announced its new “Lightning-as-a-Service” solution called Greenlight, according to a press release sent to Bitcoin Magazine. This offering aims to provide the integration of fast, cost-effective Bitcoin payments through the Lightning Network for developers and enterprise clients worldwide. The current landscape of Lightning payments presents users…