Warner Bros. Discovery: Mr. Market Clearly Doesn’t Get It As A Buy At $10 (WBD)

Jamie McCarthy/Getty Images Entertainment Above: Succession was emblematic of the quality level of HBO that sustains subscription growth into the out years. “If you are going through hell, keep going…” Winston Churchill The media/entertainment sector has been anything but pretty, as the streaming wars continue to send torrents of losses destroying what pretenses are left…

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Columbia India Consumer ETF: Quality Doesn’t Come Cheap, But There Are Limits (INCO)

Deepak Sethi ETF Profile The Columbia India Consumer ETF (NYSEARCA:INCO), with a trading history of ~12 years, and $122m in AUM offers investors exposure to around 30 Indian consumer companies. These are essentially staple and discretionary stocks, with exposure to sub-terrains such as automobiles, food and beverages, media, retail, travel and entertainment, etc. Garnering access…

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Coca-Cola Europacific Partners: Brand Strength On Display (NASDAQ:CCEP)

Justin Sullivan Being economically subordinate to the Coca-Cola Company (KO)(“TCCC”) has its downsides, but on the plus side it does give anchor bottler Coca-Cola Europacific Partners (NASDAQ:CCEP) access to one of the strongest fast-moving consumer goods (“FMCG”) brands on the planet. That has served investors well recently, with volume performance looking resilient in its core…

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Lightning Labs Rolls Out Taproot Assets Mainnet Alpha

Bitcoin-focused company Lightning Labs has launched the Taproot Assets mainnet alpha daemon. Simply put, Taproot Assets uses Bitcoin’s technology to handle, create, and delve into stablecoins and other assets. Think of it as a modern financial tool, backed by Bitcoin’s known security and decentralized features. The current version, Taproot Assets v0.3, enables developers to transform…

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UniFirst Corporation (UNF) Q4 2023 Earnings Call Transcript

UniFirst Corporation (NYSE:UNF) Q4 2023 Earnings Call Transcript October 18, 2023 9:00 AM ET Company Participants Steven Sintros – President and Chief Executive Officer Shane O’Connor – Executive Vice President and Chief Financial Officer Conference Call Participants Timothy Mulrooney – William Blair Kartik Mehta – Northcoast Research Andrew Wittmann – Robert W. Baird Andrew Steinerman…

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Q3 2023 Update: A Reality Check And Call To Action

vanilla_jo/iStock via Getty Images Investment Landscape: Inflation, Recession, or Both The third quarter of 2023 was a wake-up call for many investors after equity markets powered relentlessly upward in the first half of the year. Global stocks and bonds sank in the third quarter, raising fears of a correlated drop in both asset classes, as…

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The Art Of Hedging For A Market Meltdown: 5 Strategies (Ranked)

mohd izzuan/iStock via Getty Images Financial markets are never immune to turbulence, and history has shown that market meltdowns, though unpredictable, are a recurring part of the investment landscape. Whether triggered by economic downturns, geopolitical events, or unforeseen crises, market meltdowns can wreak havoc on portfolios and test even the most seasoned investors’ nerves. While…

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Bitcoin Is Physical: Bits And Bytes Have To Live Somewhere

Sound money is money that is not prone to sudden debasement. The conversation surrounding sound money has reached a critical point, given the present uncertainties in the global financial landscape. The spiraling debt of sovereign nations have heightened concerns about currency debasement. In contrast to fiat, which can be created out of thin air, sound…

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Unchained Debuts Bitcoin-Focused Financial Advisory Services

Sound Advisory / Unchained Unchained, a leading Bitcoin financial services provider, has launched its new service, Sound Advisory, per a press release sent to Bitcoin Magazine. This new platform offers registered investment advisor (RIA) services, specifically designed for investors looking to include bitcoin in their portfolios. The introduction of Sound Advisory comes at a time…

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Foxconn Joins Hands with Nvidia to Build AI Factories

The two chipmaking giants will work on building AI factories for electric vehicles where Nvidia plans to use its own chips and software for the development. Two chip-making giants – Foxconn and Nvidia Corp (NASDAQ: NVDA) – have finally come together to build “AI factories” and data centers for a range of applications including self-driving…

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Allison Transmission Holdings Stock: Undiscovered Gem For A Cheap Price (NYSE:ALSN)

onuma Inthapong/E+ via Getty Images The Company Allison Transmission Holdings, Inc. (NYSE:ALSN) is a $5.3-billion market cap company based in Indianapolis, Indiana, that designs and manufactures vehicle propulsion solutions, including automatic transmissions and electric systems for various applications. They offer transmissions for a wide range of applications, including trucks, buses, construction, and defense vehicles. These…

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Harm From ‘De-Risking’ Strategies Would Reverberate Beyond China

da-kuk By Siddharth Kothari, Economist, IMF Asia and Pacific Department | Diego Cerdeiro, Economist at IMF, Regional Studies division of the Asia and Pacific Department | Dirk Muir, Senior Economist, IMF Research Department’s Economic Modeling Division The negative impact of ‘de-risking’ strategies by major economies would be felt beyond China, while comprehensive reforms in China…

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OpenAI Building Tool for Detecting AI-Generated Images

Aside from announcing the new tool, OpenAI executives also shared valuable insights into future AI models. OpenAI is working on a new tool capable of detecting AI-generated images with remarkable accuracy levels. Mira Murati, the Chief Technology Officer of OpenAI, shared this development while speaking at the Wall Street Journal’s Tech conference in Laguna Beach,…

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David Solomon’s Goldman Remix Is Audibly Off-Key

Michael M. Santiago By Breakingviews Having given up a side gig in DJ-ing, Goldman Sachs (GS) boss David Solomon has one less distraction. Based on Goldman’s third-quarter performance, though, it will take even more than his undivided attention to make the Wall Street firm’s aspirational targets attainable. Goldman reported a one-third year-on-year drop in earnings…

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UK Inflation Holds for September Following as Bank of England Suspends Further Interest Rate Hikes

The UK Chancellor of the Exchequer Jeremy Hunt is optimistic that inflation would ease. UK inflation came in for September at 6.7%, higher than expectations set by analysts. Also, inflation in the UK remained unchanged from August. While inflation remained unaltered, the UK’s headline consumer price index (CPI) met expectations from economists polled by Reuters….

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Wall Street Breakfast: Yields Surge

Yields surge Treasuries sold off sharply early Tuesday after Sept. retail sales figures came in much stronger than expected, while Wall Street’s major averages ended near the flatline. The 10-year Treasury yield (US10Y) jumped to as high as 4.84% on Tuesday, while the 2-year yield (US2Y) rose to 5.22%. See how yields are trading across…

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Rowan Street Q3 2023 Letter

WANAN YOSSINGKUM/iStock via Getty Images Dear Partners, The fund’s third quarter 2023 performance was -6.1% ((net)) compared with S&P 500 Total Return of -3.3%. Year-to-date in 2023, Rowan Street gained +67.6% ((net)) compared with S&P 500 (SP500, SPX) Total Return at +13.1%. Performance for the trailing 12-month period ending in September 30, 2023 was +60.9%…

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The Coca-Cola Company and Pernod Ricard Team Up to Release Ready-to-Drink Absolut & Sprite Cocktail

Select European countries, including the United Kingdom, the Netherlands, Spain, and Germany, will get a chance to try the drink as soon as early 2024. The world’s largest beverage corporation The Coca-Cola Company (NYSE: KO) and a global leader in wine and spirits Pernod Ricard have announced a partnership for the upcoming release of Absolut Vodka &…

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Ericsson Stock: Q3 2023 Financials Show Ongoing Decline Amidst Challenges (NASDAQ:ERIC)

JariJ Swedish telecommunications giant, Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) faces a challenging landscape with a 10% YoY sales drop, a net loss, and ongoing negative cash flow in its latest Q3 2023 financial report . Uncertainty in the economic market has led to the company refraining from providing 2024 guidance. While Ericsson remains a significant industry…

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Oracle’s NetSuite Adds AI Capabilities to Financial Software, Announces Next Technik Acquisition

The company is also working on new features that will read and analyze financial data to create summaries and reports. Business software provider NetSuite announced that it will be adding artificial intelligence (AI) features to its finance software. The AI integration will help companies by automating tasks such as writing collection letters or tracking delayed…

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Verizon: A Potential Deep Value Opportunity Is Calling (NYSE:VZ)

Bruce Bennett Investment Thesis Verizon Communications (NYSE:VZ) is the world’s largest telecommunications company and continues to benefit from a tangible narrow economic moat built upon their massive scale of operations and exceptional network capabilities. The firm continues to have industry leading margins and ROIC with Verizon outpacing their competitors substantially. While the market may be…

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Clients Are Talking about ‘Need for Crypto’, Says Blackrock CEO Larry Fink

Larry Fink’s comment reveals BlackRock’s strong interest in crypto following the company’s application for a spot Bitcoin ETF. The Chief Executive Officer of asset management giant BlackRock Inc (NYSE: BLK) recently said there is “the need for crypto” among the company’s many clients. Fink revealed this in a Monday interview on Fox Business. BlackRock CEO Believes Clients…

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