aluxum By Bradley Krom WisdomTree launched our first currency (FX) funds back in 2008, at a time when short-term interest rates were still anemic on account of the global financial crisis. Now, short-term rates have risen to levels not seen since the mid-2000s, while longer-duration fixed income strategies have gone negative three years in a…
Stride, Inc. (NYSE:LRN) Q1 2024 Earnings Conference Call October 24, 2023 5:00 PM ET Company Participants Timothy Casey – Vice President, Investor Relations James Rhyu – Chief Executive Officer Donna Blackman – Chief Financial Officer Conference Call Participants Jeff Silber – BMO Capital Markets Thomas Singlehurst – Citi Matt Filek – William Blair Alex Paris…
sjharmon/E+ via Getty Images Article Thesis Alphabet Inc. (NASDAQ:GOOG, NASDAQ:GOOGL) aka Google reported its most recent quarterly results on Tuesday evening. The company beat estimates easily and reported great ad revenue growth, and yet shares slumped by 6% in after-hours trading. I believe that this does not make a lot of sense and that Alphabet…
Giuliano Benzin Investment Thesis Netflix (NASDAQ:NFLX) pleased investors again with Q3 earnings – company showed stable organic user base growth and it seems that management has been developing for last 2 years to work really well. We maintained BUY rating and there is still upside with potential development of the gaming segment. Q3 FY2023 earnings…
Aksana Kavaleuskaya/iStock via Getty Images Graham and “Defensive Stocks” RTX Corporation (NYSE:RTX), formerly known as Raytheon Technologies, recently has received much attention since the Middle East conflict broke out. Several other Seeking Alpha authors have argued eloquently about the role RTX can play under heightened geological tensions and increased defense spending. The thesis here is…
Meanwhile, CoinMarketCap recently announced its entry into the Artificial Intelligence (AI) industry with the release of a ChatGPT plugin. ChainGPT, the innovative AI infrastructure network designed for Web3, has unveiled a groundbreaking partnership with CoinMarketCap to introduce an enticing $50,000 airdrop of $CGPT tokens to crypto enthusiasts. The ChainGPT Airdrop Mechanics ChainGPT highlighted in a…
Enterprise Financial Services Corp (NASDAQ:EFSC) Q3 2023 Earnings Conference Call October 24, 2023 11:00 AM ET Company Participants James Lally – President and Chief Executive Officer Scott Goodman – President of Enterprise Bank & Trust Keene Turner – Senior Executive Vice President and Chief Financial Officer Conference Call Participants Jeffrey Rulis – D.A. Davidson &…
Art Wager Buy land, they’re not making it anymore. – Mark Twain. Many investors are familiar with and invest in real estate investment trusts, or REITs, in the U.S., but how do they look internationally? There’s an exchange-traded fund, or ETF, for literally everything nowadays. For those looking to get exposure to real estate equities…
RLI Corp. (NYSE:RLI) Q3 2023 Earnings Conference Call October 24, 2023 11:00 AM ET Company Participants Aaron Diefenthaler – Chief Investment Officer & Treasurer Todd Bryant – Chief Financial Officer Craig Kliethermes – President & Chief Executive Officer Jennifer Klobnak – Chief Operating Officer Conference Call Participants Gregory Peters – Raymond James Andrew Andersen –…
MicroBT, a prominent Bitcoin mining hardware manufacturer, made an industry-leading announcement in hash efficiency at the Blockchain Life 2023 event in Dubai. The company unveiled its latest generation mining rigs, the Whatsminer M60 series, encompassing hydro, immersion, and air-cooling models. During his opening speech, Dr. Zuoxing Yang, the founder and CEO of MicroBT, reiterated the…
Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) Q3 2023 Earnings Conference Call October 24, 2023 12:00 PM ET Company Participants Steve Gardner – Chairman and CEO Ron Nicolas – Chief Financial Officer Conference Call Participants David Feaster – Raymond James Matthew Clark – Piper Sandler Chris McGratty – KBW Gary Tenner – D.A. Davidson David Chiaverini –…
TFI International Inc. (NYSE:TFII) Q3 2023 Earnings Conference Call October 24, 2023 9:00 AM ET Company Participants Alain Bedard – Chairman, President and Chief Executive Officer Conference Call Participants Ravi Shanker – Morgan Stanley Thomas Wadewitz – UBS Ken Hoexter – Bank of America James Monigan – Wells Fargo Jordan Alliger – Goldman Sachs Kevin…
Logitech International S.A. (NASDAQ:LOGI) Q2 2024 Earnings Conference Call October 24, 2023 8:00 AM ET Company Participants Guy Gecht – Interim CEO Chuck Boynton – CFO Nate Melihercik – IR Conference Call Participants George Wang – Barclays Asiya Merchant – Citi Erik Woodring – Morgan Stanley Juergen Wagner – Stifel Ananda Baruah – Loop Capital…
The recent incident is not the first security issue Okta has encountered. In the past, there have been several incidents involving Okta or its products. Okta Inc (NASDAQ: OKTA), a major provider of cybersecurity solutions for corporate enterprises, businesses, and government organizations, is currently grappling with the aftermath of a severe security breach that has…
Spondylolithesis/iStock Unreleased via Getty Images You know, I was scared of COVID-19. Before all the vaccines came out, the idea of getting COVID-19 and suffering a life-threatening complication was terrifying. I spent a long time researching and searching the internet, countless hours looking for a suitable mask. Well, I finally found it: a 3M (NYSE:MMM)…
Initially submitted on October 2, 2023, the proposal aims to convert the Grayscale Ethereum Trust, the largest Ethereum investment vehicle globally, into an ETF. In a recent turn of events, the US Securities and Exchange Commission (SEC) has approved Grayscale Investments’ application for a spot Ethereum (ETH) exchange-traded fund (ETF). Sharing the news on Tuesday,…
Illinois Tool Works Inc. (NYSE:ITW) Q3 2023 Earnings Conference Call October 24, 2023 10:00 AM ET Company Participants Karen Fletcher – VP-IR Scott Santi – Chairman and CEO Christopher O’Herlihy – Vice Chairman Michael Larsen – SVP and CFO Conference Call Participants Scott Davis – Melius Research Tami Zakaria – JPMorgan Andrew Obin – Bank…
Coca-Cola is one of the few beverage and food companies worldwide still standing strong despite the ongoing global financial meltdown. Coca-Cola Co (NYSE: KO), the global beverage giant, has demonstrated impressive resilience in its recently reported third-quarter (Q3 2023) earnings, beating analysts’ estimates and raising its outlook for the full year. The company reported net…
Halliburton Company (NYSE:HAL) Q3 2023 Earnings Conference Call October 24, 2023 9:00 AM ET Corporate Participants David Coleman – Senior Director of Investor Relations Jeff Miller – Chairman, President and Chief Executive Officer Eric Carre – Executive Vice President and Chief Financial Officer Conference Call Participants Dave Anderson – Barclays Neil Mehta – Goldman Sachs…
So a lot of noise has been made around the Lightning vulnerability recently disclosed by Antoine Riard. Many people are claiming the sky is falling, that Lightning is fundamentally broken, and nothing could be further from the truth. I think part of the problem is that people don’t really understand how this vulnerability works, firstly,…
PrairieSky Royalty Ltd. (OTCPK:PREKF) Q3 2023 Earnings Conference Call October 24, 2023 8:30 AM ET Company Participants Andrew Phillips – President & Chief Executive Officer Pam Kazeil – Chief Financial Officer Conference Call Participants Aaron Bilkoski – TD Cowen Jamie Kubik – CIBC Jeremy McCrea – Raymond James Patrick O’Rourke – ATB Capital Markets Operator…
BlackRock’s iShares Bitcoin Trust gets listed on the Depository Trust & Clearing Corporation (DTCC), however, analyst predict all approvals to happen at once. As the crypto community gears up for the arrival of the first spot Bitcoin ETF in the coming months, analysts have been sharing interesting predictions ahead. Expert in crypto ETFs Stuart Barton,…
TonyBaggett/iStock Editorial via Getty Images Introduction Starbucks (NASDAQ:SBUX) places investors at a crossroads. On one side, the company is iconic and popular across the globe and is seen as the top pick among coffee makers and bars. On the other, many investors stay away from the stock because of its high valuation. As Starbucks is…
“Store your wealth in Bitcoin.” That was the message give by Ricardo Salinas, a prominent billionaire and the honorary chairman of TV Azteca, in an exclusive interview with Bitcoin Magazine reporter Isabella Santos last week. The rare sit-down interview, which marked the Mexican billionaire’s first Spanish-language interview on the topic. The Ricardo Salinas Interview: Mexican Billionaire…
The Aaron’s Company, Inc. (NYSE:AAN) Q3 2023 Earnings Call Transcript October 24, 2023 8:30 AM ET Company Participants Marc Levee – Vice President, Finance and IR Douglas Lindsay – Chief Executive Officer Steve Olsen – President Kelly Wall – Chief Financial Officer Conference Call Participants Kyle Joseph – Jefferies Bobby Griffin – Raymond James Joe…
Bitcoin (BTC) has established strong support between $25,000 and $30,000. Take a look at the next key resistance. The price of Bitcoin has been steadily rising since October 13, following its inability to break the support level of around $26,000. Since then, it has continued to climb, reaching $35,000 earlier today, a level not seen…
shih-wei I wrote an article on Broadstone Net Lease REIT (NYSE:BNL) back in May and issued a HOLD rating for the stock, because of its very short track record. The stock seemed solid on most fundamental levels, but with only a couple of quarters of data since their IPO, I didn’t have the necessary confidence…
UniCredit has marginally increased its revenue projections for the year 2023 while anticipating a minimum net profit of 7.25 billion euros this year. On Tuesday, October 24, Italy’s UniCredit announced its Q3 2023 results with larger-than-expected profits. The boost in profits comes amid high rates that boosted the company’s income. Besides, UniCredit is also holding…
GrafiThink/iStock via Getty Images Thesis Summary Bitcoin (BTC-USD) has shattered through the $30,000 level and is up 20% in the last five days, reaching close to $35,000 as I write this. We have had big news in the last few weeks regarding a Bitcoin ETF, and on Monday, BlackRock listed the iShares Bitcoin Trust on…
As the largest sovereign wealth fund worldwide, the Norways’s Government Pension Fund Global boasts a robust portfolio across different sectors within the financial market. Norway’s Government Pension Fund Global, created in the 1990s to manage surplus revenues from the country’s thriving oil and gas sector, faced significant hurdles in its third quarter financial revenues ending…
UPM-Kymmene Oyj (OTCPK:UPMKF) Q3 2023 Earnings Conference Call October 24, 2023 6:15 AM ET Company Participants Jussi Pesonen – CEO Tapio Korpeinen – CFO Conference Call Participants Justin Jordan – Davy Research Johannes Grunselius – DNB Markets Ephrem Ravi – Citigroup Linus Larsson – SEB Ramachandra Kamath – Barclays Andrew Jones – UBS Cole Hathorn…
Is El Salvador’s Orange Enlightenment Only One Leader Deep? The world is witnessing a miracle unfold in the beautiful country of El Salvador. In just the first four years of president Nayib Bukele’s presidency, the smallest Central American country and recurring murder capital of the world, plagued by civil war, endemic corruption, and generational poverty,…
mysticenergy APA Corporation (NASDAQ:APA), the holding company for what many recognize as Apache Resources/Corp is an oil and gas exploration company with a market cap of $13 billion. The company is led by CEO John Christmann who has been the CEO since 2015. Since 2008-09, the company has performed rather dismally. The stock reached a…
BlackRock has taken an important step forward by obtaining a CUSIP number for its iShares Bitcoin spot ETF. BlackRock Inc (NYSE: BLK), one of the world’s largest asset managers, recently made headlines by announcing its plans to provide initial “seed” funding for its spot Bitcoin Exchange Traded Fund (ETF). This strategic move was revealed in…
Sean Gallup My last article about the German insurance company and asset manager Allianz (OTCPK:ALIZF) (OTCPK:ALIZY) was published half a year ago and in the article, I argued that caution is advised in the case of Allianz. Since my last article, Allianz declined about 2.5% (the S&P 500 could increase about 4% in the same…
They say time heals all wounds – not in Bitcoin. As documented by Bitcoin Historian Pete Rizzo, tomorrow marks the 12th anniversary of a now-infamous tweet by Nick Allen back in 2011, one that demonstrates the remarkable growth and resilience of the cryptocurrency over the past decade. The tweet in question, posted on October 25, 2011,…
Alfribeiro Since my previous article on Suzano S.A. (NYSE:SUZ), the leader in the pulp and paper industry, the company has released its second-quarter 2023 results. Additionally, the Brazilian central bank cut its benchmark interest rate by half a percentage point on August 2 and repeated the action on September 20, indicating the start of a…
Despite facing challenges, the bank managed to report a net profit of £1.27 billion ($1.56 billion) for the quarter, slightly exceeding expectations of £1.18 billion. Barclays PLC (LON: BARC), one of the prominent players in the global banking industry, saw its share performance plummet by as much as 6.5% earlier today as it hinted at…
franckreporter Investment update In May this year, I published a report on Bruker Corporation (NASDAQ:BRKR), titled “Fundamental, Market Generated Data Corroborate Buy Thesis”, reiterating the company as a buy in the process. Since then, there have been multiple investment updates. Notwithstanding the travel of the broad market in H2 FY’23, BRKR itself has sold off…
Matrixport says BTC price may even hit the $56,000 mark by the end of the year. Earlier in the year, crypto financial services company Matrixport had predicted that the $45,000 mark would be the maximum limit to BTC price surge in 2023. However, the firm is now revisiting the old prediction as a lot has…
SolStock It’s a scary world out there, and it always has been. It’s just that today, there are websites promoting every crank and doomsday prophet out to generate clicks and sell books about “secret” ways to get rich in the coming financial apocalypse. The Daily Doom This weekend, I got a panicked message from a…
Recent reports also suggest that a significant number of employees were laid off earlier this month, with sources indicating that approximately 300 people lost their jobs. Parity Technologies, the prominent blockchain infrastructure company supporting the Polkadot network, has unveiled a significant restructuring plan that includes a 30% (around 100 people) reduction in its workforce. This…
peshkov Listen below or on the go on Apple Podcasts and Spotify The collapse of Li-Cycle (LICY) is called a potential warning for the broad electric vehicle sector. (00:26) Nvidia (NVDA), AMD said to make chips for Microsoft (MSFT) amid Intel (INTC) dominance. (01:59) Halloween spooks? Consumers watch as cocoa prices hit 44-year high. (02:56)…
As Bitcoin extends its rally to $35,000 clocking over 100% gains for 2023, let’s take a look at some crypto firms that have outperformed Bitcoin. The world’s largest cryptocurrency Bitcoin (BTC) has given a strong breakout earlier today hitting a new high for 2023 at $35,000. With this, Bitcoin has extended its year-to-date gains by…
coldsnowstorm/iStock via Getty Images It’s been a tough year for Sensient Technologies Corporation (NYSE:SXT), recognized as a leading manufacturer of colors, flavors, and specialty ingredients within the chemicals industry. Soft sales and lower earnings amid a challenging macro environment have pushed shares down more than -20% this year. The company just reported its latest quarterly…
Since its launch, the TON Believers Fund collected a substantial amount of TON tokens. To be precise, it gathered 1,317,379,088 TON coins. The Open Network (TON) Believers Fund, a non-profit fund operating as a smart contract on the TON blockchain has successfully raised a remarkable 1.3 billion TON coins (approximately 25% of TON supply) from…
retouchman/iStock via Getty Images ESG and social impact topics are essential nowadays, it is a sign of good manners for companies to enact responsibly, making the world a better place to live. Moreover, it attracts customers and investors to participate in something more. Today, I would like to analyze Zevia PBC (NYSE:ZVIA), the company committed…
The US SEC is therefore expected to review Grayscale’s application to convert its GBTC to a spot Bitcoin ETF without prejudice. As the Bitcoin (BTC) price crossed a crucial resistance zone between $31k and 32k in the past 24 hours, the United States Securities and Exchange Commission (SEC) began its preparations to review for the…
Kirk Fisher For those who made investing in Amazon.com, Inc. (NASDAQ:AMZN) part of their New Year’s activities, the year has indeed been an exhilarating one, with the stock value surging by an impressive 46.77% year to date. However, long-term followers of this stock are well-acquainted with its inherent volatility. They recognize that the current momentum…
M. Suhail Since the Time Warner merger in 2017, Charter (NASDAQ:CHTR) has grown revenues at 5% per year. This 5% growth was driven by internet revenue growing 9% annually, the video segment stagnating, and the wireline business declining, offsetting the strong internet performance. Coupled with the strong buyback program, that Charter employs, revenue per share…