In readiness for the event, there has been a major increase in the price of TIA, as it was already trading on a decentralized derivatives exchange, Helix, at around $3.15. Celestia, a modular blockchain network focused on data availability, is preparing to launch its mainnet today, October 31, at 14:00 UTC. This long-anticipated event will…
South_agency Introduction Bitcoin miners have outperformed Bitcoin (BTC-USD) this year and have served well as a leveraged proxy to Bitcoin. The price action in June/July was positive following a technical breakout and optimism around the spot Bitcoin ETF being filed by BlackRock. There wasn’t much else to suggest an enormous rally in miners relative to…
Editor’s note: Seeking Alpha is proud to welcome Robert Wilson as a new contributor. It’s easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Premium. Click here to find out more » Fotolia/iStock via Getty Images Overview VanEck Pharmaceutical ETF (NASDAQ:PPH)…
Kinwun Investment Thesis I expect Corning Incorporated (NYSE:GLW) to face challenges in 2024, particularly due to weaker optical sales and mixed demand in its display business. The anticipated recovery in the optical segment may be delayed as telecommunications customers reduce their investments and work through excess inventory. The catalysts for optical growth, such as stimulus…
PeopleImages Armada Hoffler Properties (NYSE:AHH) recently bought The Interlock, which will most likely bring further rental revenue in the coming years. There is also information about recent divestitures, which may enhance the way the balance sheet looks, and may lower the total amount of leverage. Additionally, I do believe that the stock repurchase program announced…
Kinwun Investment thesis Our current investment thesis is: Amdocs is a fantastic business that could represent a low-risk staple in most portfolios. The company has an NTM FCF yield of ~8% and limited margin variability. Its growth will not set the world on fire but there are sufficient tailwinds to ensure above-inflation growth long term….
abadonian It’s certainly no secret that the utility sector has been beaten down by the market since the beginning of 2023. According to Morningstar, the “median 16.0 P/E (for utilities) is at its lowest since exiting the 2008-09 recession,” and the sector is now down 16.0% since the beginning of 2023. This has made many…
Bill Pugliano/Getty Images News The market made a big mistake, in my opinion, in its overreaction to Ford’s (NYSE:F) results for the third quarter on Friday. Shares of the car brand slumped more than 12%, falling to their lowest level since January 2021, after Ford withdrew its adjusted EBIT guidance for FY 2023… for the…
tomeng/iStock Unreleased via Getty Images Introduction Subaru (OTCPK:FUJHY) car sales are growing rapidly in the US. In September, US car sales were up 23.4% from a year ago. Growth continues to look good, as this is the 14th consecutive month of increased car sales. The Subaru Forester is especially popular, of which 15,237 were sold…
mysticenergy In case you missed it, it’s been a busy month for the energy industry. On October 11th, Exxon Mobil (XOM) announced that it would acquire Pioneer Natural Resources (PXD) for $59.5 billion in an all-stock transaction. A few weeks later, on October 23rd, Chevron (CVX) announced that it would acquire Hess (HES) for $53…
kynny On Monday, shares of leading semiconductor solutions provider ON Semiconductor (ON) sold off by more than 20% following a surprise Q4 earnings warning with the projected shortfall mostly the result of substantially lower silicon carbide demand by a “single automotive OEM” as outlined by management on the conference call (emphasis added by author): (…)…
Monolithic Power Systems, Inc. (NASDAQ:MPWR) Q3 2023 Earnings Conference Call October 30, 2023 5:00 PM ET Corporate Participants Genevieve Cunningham – Senior Manager, Marketing Communications Michael Hsing – Chief Executive Officer and Founder Bernie Blegen – Vice President and Chief Financial Officer Conference Call Participants Quinn Bolton – Needham Tore Svanberg – Stifel Ross Seymore…
Credit Acceptance Corporation (NASDAQ:CACC) Q3 2023 Earnings Conference Call October 30, 2023 5:00 PM ET Company Participants Douglas Busk – Chief Treasury Officer Conference Call Participants John Rowan – Janney Montgomery Scott John Hecht – Jefferies Robert Wildhack – Autonomous Research Operator Good day, everyone and welcome to the Credit Acceptance Corporation Third Quarter 2023…
Kemper Corporation (NYSE:KMPR) Q3 2023 Earnings Conference Call October 30, 2023 5:00 PM ET Company Participants Karen Guerra – Vice President of Investor Relations Joe Lacher – President and Chief Executive Officer and Chairman Brad Camden – Senior Vice President, Treasurer and Interim Chief Financial Officer Matt Hunton – President, Kemper Auto Conference Call Participants…
Heartland Financial USA, Inc. (NASDAQ:HTLF) Q3 2023 Earnings Conference Call October 30, 2023 5:00 PM ET Company Participants Bruce Lee – President and Chief Executive Officer Bryan McKeag – Chief Financial Officer Nathan Jones – Chief Credit Officer Conference Call Participants Andrew Liesch – Piper Sandler & Co. Damon DelMonte – Keefe, Bruyette & Woods,…
Simon Property Group, Inc. (NYSE:SPG) Q3 2023 Earnings Call Transcript October 30, 2023 5:00 PM ET Company Participants Tom Ward – SVP, IR David Simon – Chairman, CEO and President Brian McDade – CFO Conference Call Participants Ron Kamdem – Morgan Stanley Caitlin Burrows – Goldman Sachs Samir Khanal – Evercore ISI Alexander Goldfarb –…
V.F. Corporation (NYSE:VFC) Q2 2025 Earnings Conference Call October 30, 2023 4:30 PM ET Company Participants Allegra Perry – VP, IR Bracken Darrell – President and CEO Matt Puckett – EVP and CFO Conference Call Participants Laurent Vasilescu – BNP Paribas Ike Boruchow – Wells Fargo Lorraine Hutchinson – Bank of America Brooke Roach –…
mphillips007 The average time from a yield curve inversion (long interest rates below short) to the onset of recession has been ten months historically, ranging from 11 to 22 months. October marks the eighteenth month of curve inversion this cycle. Moreover, since June, the yield spread has been flattening out. As we start this trading…
Amkor Technology, Inc. (NASDAQ:AMKR) Q3 2023 Earnings Call Transcript October 30, 2023 5:00 PM ET Company Participants Jennifer Jue – Head of Investor Relations Giel Rutten – Chief Executive Officer Megan Faust – Chief Financial Officer Conference Call Participants Tom Diffely – D.A. Davidson Randy Abrams – UBS Steve Barger – KeyBank Capital Markets Operator…
Nathan Howard Tesla, Inc.’s (NASDAQ:TSLA) weak performance in Q3 indicates that the company is no longer a no-brainer investment in the current environment, which is full of macroeconomic and geopolitical risks that have already begun to negatively affect the company’s business in different markets. Even though Tesla’s CEO Elon Musk tried to soften the blow…
SJW Group (NYSE:SJW) Q3 2023 Earnings Conference Call October 30, 2023 2:00 PM ET Company Participants Andrew Walters – Chief Financial Officer and Treasurer Eric Thornburg – Chair, Board, President and CEO Conference Call Participants Angie Storozynski – Seaport Research Richard Sunderland – JPMorgan Jonathan Reeder – Wells Fargo Securities Gregg Orrill – UBS Operator…
Turkiye Garanti Bankasi A.S. (OTCQX:TKGBF) Q3 2023 Earnings Call Transcript October 30, 2023 10:30 AM ET Company Participants Handan Saygin – IR Director Recep Bastug – CEO Conference Call Participants Waleed Mohsin – Goldman Sachs Pinar Uguroglu – BNP Paribas/TEB Operator Hello and thank you for joining us in Garanti BBVA’s Third Quarter 2023 Financial…
Ivan Kyryk/iStock Editorial via Getty Images Investment Thesis Volkswagen (OTCPK:VWAGY) stands as a prominent global automotive manufacturer, renowned for its substantial size and extensive international footprint. The company’s strategic emphasis on electric vehicles (EVs) and sustainable mobility solutions positions it favorably to capitalize on the escalating global shift towards clean energy and environmental awareness. With…
janiecbros/E+ via Getty Images Physicians Realty Trust (NYSE:DOC) is a real estate investment trust (“REIT”) that we recently got behind and suggested buying in the $10-$11 range. Well, you can forget about it now, because DOC is being bought out by Healthpeak Properties, Inc. (NYSE:PEAK). Folks, we consider this one of the worst deals we…
JHVEPhoto Investment Thesis Background Leidos Holdings, Inc. (NYSE:LDOS), a Fortune 500 company and leader in technology, engineering, and science, provides services and solutions in the defense, intelligence, civil, and health markets, both domestically and internationally. The company is headquartered in Virginia, USA, and was founded in 1969. Tom Bell became the CEO in May 2023….
utah778 America is a land of taxation that was founded to avoid taxation.” Dr. Robert J. Peter. Today, we put Asure Software, Inc. (NASDAQ:ASUR) in the spotlight for the first time. As can be seen below, the stock in this small software concern has been cut in half since late April despite the company being…
Viktor Aheiev I have a trend of my own. – Andrei Platonov. You’re supposed to buy when no one else wants to. Let me say that again. You’re supposed to buy when no one wants to. We just went through the greatest bond market crash in history. That sounds bullish. And that’s why the iShares…
The deployment of the 24,000 chips should be completed by February 2024. Voltage Park, a nonprofit organization founded by billionaire Jed McCaleb, has acquired approximately 24,000 Nvidia H100 chips for approximately $500 million. According to The Business Time, the organization plans to lease AI computing power at a low cost to address the shortage of…
abadonian Author’s Note: Since Enbridge Inc. is reporting in Canadian Dollars, all numbers refer to Canadian Dollars (unless stated otherwise). Introduction In this article, I will initiate coverage on my single-largest dividend position Enbridge Inc. (NYSE:ENB)(TSX:ENB:CA). I bought my first shares in the aftermath of the pandemic in late September 2020, a time when the…
K-Bank aims to capture 20% of the crypto market in Thailand through the acquisition of Satang Pro. In a bold move signaling growing integration between traditional finance and the burgeoning cryptocurrency industry, Kasikornbank, one of the largest banks in Thailand, has purchased a majority stake in a local digital assets trading platform called Satang Pro….
phive2015 Investment Thesis Illinois Tools Work’s (NYSE:ITW) revenue growth should benefit from strength in its end markets like Automotive OEM and Food and Equipment, the Chinese economy reopening gaining momentum, new product innovation, and market share gains which should more than offset the weakness in end markets like Semiconductors and Welding. Beyond 2023, the company’s…
In anticipation of this pivotal event, there has been a substantial uptick in trading volume for products launched by ProShares and Grayscale. Activity surrounding Bitcoin investment products, particularly exchange-traded funds (ETFs), has seen a notable increase. This surge is primarily driven by the growing excitement within the market about potential ETF approvals in the United…
Scott Olson Thesis GameStop Corp. (NYSE:GME) is a retail company that offers games and entertainment products through its physical stores and e-commerce platforms. As of Jan 28, 2023, it has over 4413 stores across its four geographical segments, the majority of which are in the U.S. (2949). GME stock has been falling since 2021 due…
NEOM is set to pump $50 million into Animoca Brands as Animoca supports the region’s Web 3.0 and tech goals as part of Saud’s 2030 vision. Hong Kong-based game developer and venture capital company Animoca Brands Corporation Ltd has announced a strategic partnership with Saudi Arabia’s NEOM Investment Fund. The two entities are collaborating to…
Oselote First Majestic Silver Corp. (NYSE:AG) is a silver mining company that we have traded several times in the past. In our last coverage we recommended a tactical short which led to very nice returns. Now we are in a higher metal price situation, though performance continues to disappoint. However, we are lifting that sell…
The G7’s AI Code of Conduct emerges at a time when governments worldwide are grappling with the transformative power of AI. The Group of Seven (G7) industrial countries, consisting of Canada, France, Germany, Italy, Japan, Britain, the United States, and the European Union is set to make a significant stride in the Artificial Intelligence (AI)…
Charley Gallay Introduction Many investors tend to overly emphasize the discounted price a company trades at and focus on their own perception of the value of the business. They often fail to consider that certain companies are priced low due to underlying issues. This corresponds with life’s principle that one gets what he pays for….
The idea to turn X into a multifaceted financial hub with dating features comes shortly after Musk unveiled new subscription plans for the social media platform. In a recent virtual conference commemorating the first anniversary of Elon Musk‘s acquisition of the social media platform Twitter, now rebranded as X, the billionaire tech mogul unveiled intriguing…
FatCamera Investment action I recommended a buy rating for Molina Healthcare, Inc. (NYSE:MOH) when I wrote about it the last time, driven by my belief that the market was undervaluing its evident potential for growth. After a thorough review of MOH’s third quarter results, my conviction has only strengthened. The company has showcased robust growth,…
In a recent interview at Bitcoin Amsterdam, Gabriel Shipton discussed the anonymous group of activists known as Project Spartacus and his mission to secure the freedom of his brother, Julian Assange. In recent years, the intersection of technology and journalism has paved the way for groundbreaking initiatives. One such initiative is Project Spartacus, a revolutionary…
Daqo New Energy Corp. (NYSE:DQ) Q3 2023 Earnings Conference Call October 30, 2023 8:00 AM ET Company Participants Xiang Xu – Chairman and Chief Executive Officer Ming Yang – Chief Financial Officer Conference Call Participants Philip Shen – ROTH MKM Alan Lau – Jefferies Gordon Johnson – GLJ Research Frank Fan – Nomura Operator Good…
The countries created a policymaking group to further the asset tokenization tests and help with navigating legal and compliance concerns. Government agencies in multiple countries are collaborating on asset tokenization tests with real-world assets. In a Monday announcement from the Monetary Authority of Singapore (MAS), regulators in Japan, Switzerland, Singapore, and the UK are all…
pawel.gaul A terrorist attack by Hamas on Israel on October 7th has launched a chain of events that’s begun to transform the Middle East. Even though oil has been moving up hesitantly in the past three weeks, for me, it’s becoming increasingly more clear that oil prices may get a powerful boost amid rising escalation…
CME’s rise to prominence is often viewed as a sign of an institutional-led rally in the cryptocurrency market. The Chicago Mercantile Exchange (CME), a regulated financial marketplace is surging through the ranks of the largest Bitcoin (BTC) futures and perpetual futures exchanges by Open Interest, and it’s reminiscent of the early stages of the 2020-21…
bjdlzx Quick Business Overview Arrow Exploration is mainly UK listed/traded but also Canada and US listed whilst top management are located in Canada and the bulk of production comes from Colombia. Management have a successful history of building up small oil companies and exiting these in sales to strategic acquirers after several years at high…
In a compelling tale of persistence and financial prudence, a Reddit user embarked on a unique investment experiment, demonstrating the potential rewards of consistently investing small amounts, or dollar cost averaging, into Bitcoin. The Redditor, going by the handle u/Gorillahair2000, initiated an experiment to determine whether allocating just $5 per day into Bitcoin was a worthwhile endeavor,…
PeopleImages Carrier Global Corporation (NYSE:CARR) announced its Q3 FY23 earnings on October 26th. The management is confident about delivering mid-single-digit organic revenue growth and a 15% adjusted EPS growth for the full year. I believe their cost control initiative is well-positioned for margin expansion in the coming years. Considering the recent market pullback, Carrier’s stock…
With Cardano and Dogecoin engaged in a tight battle, here’s a look into what each of these coins are up to in the near term. The altcoin space has been buzzing with activity over the past few weeks and currently, both Cardano (ADA) and Dogecoin (DOGE) have been engaged in a tight battle for the…
CHUNYIP WONG Figures are in CAD unless otherwise stated. Enerflex (TSX:EFX:CA) (NYSE:EFXT) is in a current state of flux in which bookings and backlog appear to be rising on strong energy economics only to be pulled back by a large debt burden as a result of the Exterran acquisition that has left the firm with…
The threat of online censorship is real and an ever-expanding threat to our freedom of speech and association. Before the creation of the Internet, the way most people connected was through their community. Places such as moose lodges, rotary clubs, union halls, car clubs, Boy Scouts, and Girl Scouts were the primary ways people in…