Violka08/iStock via Getty Images IonQ, Inc. (NYSE:IONQ) is a company operating in the field of quantum computing. Quantum computing is an advanced area of technology that holds the potential to revolutionize how computations are performed. Unlike classical computers that use bits (0s and 1s) to process information, quantum computers use quantum bits or qubits, which…
oatawa Investment Thesis The Vanguard U.S. Multifactor ETF Shares (BATS:VFMF) is an actively managed ETF emphasizing momentum, quality, and value factors, but its performance since its February 2018 launch could be much better. As I concluded in April, an inconsequential volatility screen and poor quality metrics were to blame, and the purpose of this article…
DNY59 The KKR Income Opportunities Fund (NYSE:KIO) is a closed-end fund, or CEF, that specializes in generating a very high level of income for its shareholders. The fund certainly manages to accomplish this task fairly well, as its 12.15% current yield is very competitive with similar funds offered by other alternative asset managers: Fund Current…
DNY59 Thesis Summary In 2022, everyone was expecting a recession in 2023. Now, we are one month away from ending the year, and there is no recession in sight. In fact, we have seen plenty of evidence to suggest quite the opposite. The US economy is doing very well for now. With that said, things…
Merck & Co., Inc. (NYSE:MRK) 6th Annual Evercore ISI HealthCONx Conference Transcript November 30, 2023 1:20 PM ET Executives Dr. Eliav Barr – Senior Vice President, Head, Global Clinical Development and CMO Peter Dannenbaum – Vice President, Investor Relations Analysts Umer Raffat – Evercore Umer Raffat Thank you. Listen, thank you guys for being here….
REX American Resources Corporation (NYSE:REX) Q3 2023 Results Conference Call November 30, 2023 11:00 AM ET Company Participants Stuart Rose – Executive Chairman of the Board Zafar Rizvi – CEO Doug Bruggeman – CFO Conference Call Participants David Locke – Old Mammoth Investments Chris Sakai – Singular Research Operator Greetings, and welcome to the REX…
georgeclerk Stocks rallied big in November. A late spurt into the month’s end, despite a modest pullback on Thursday, capped off one of the S&P 500’s (SP500) best months of the past three decades. All told, the SPDR® S&P 500 ETF Trust (SPY) surged 9% to climb ever closer to a 52-week high. The Invesco…
jetcityimage On September 22nd, we flagged a trade in shares of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL). We set an exit price of $74+ for that trade from the mid $60s. That was a nice near 20% return overall, yet shares are taking a haircut today following the just-reported fiscal Q1 earnings. The restaurant…
Frazer Harrison Shares of Paramount Global (NASDAQ:PARA) have had a rough 12 months, losing around a quarter of their value despite a very welcome rally post-Q3 results. Source: Seeking Alpha Of course, Paramount isn’t alone in its struggles. All the legacy media giants are in a state of flux these days, as not only do…
Amazon’s Titan Image Generator offers a user-friendly interface akin to using Stable Diffusion (SDXL), providing a solid blend of control and versatility. American multinational technology company Amazon.com Inc (NASDAQ: AMZN) has entered the growing field of generative Artificial Intelligence (AI) with the launch of its latest innovation, the Amazon Titan Image Generator. This new addition…
Bjoern Wylezich/iStock via Getty Images What You Cannot Learn From Studying Charlie Munger When asked for the “trick” to get rich, Charlie Munger used to tell the following anecdote: It reminds me of the young guy who went up to Mozart and said, ‘I’d like to write symphonies.’ When Mozart said, ‘You’re too young,’ the…
Altman shared his strategic vision for the future of OpenAI. He noted that the firm will renew its commitment to research, improving its products, and better serving its customers. OpenAI CEO Sam Altman has officially returned to his role after being temporarily ousted by the company board. At the time, the board cited communication breakdowns…
jetcityimage Macro and micro factors have been at play, driving some sharp outperformance and severe underperformance among the diversified Industrials sector of the S&P 500. One of the poorest stocks in that slice of the SPX is 3M Company (NYSE:MMM). The firm continues to face uncertainty with investigations and lawsuits, casting a significant shadow, critics…
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. In a shocking development to the international Bitcoin community, Binance founder and CEO Changpeng Zhao is…
Express, Inc. (NYSE:EXPR) Q3 2023 Earnings Conference Call November 30, 2023 9:00 AM ET Company Participants Greg Johnson – Vice President, Investor Relations Stewart Glendinning – Chief Executive Officer Mark Still – Interim Chief Financial Officer Michael Rangel – Chief Merchandising Officer Conference Call Participants Dana Telsey – Telsey Advisory Group Eric Beder – SCC…
As a Democratic-affiliated SEC Commissioner, Gary Gensler has shifted his regulatory role to a politician seeking to be appointed as Treasury Secretary according to some Congressmen. The nomination of the 33rd Chair of the United States Securities and Exchange Commission (SEC), Gary Gensler on April 17, 2021, was viewed as a huge relief in the…
designer491 Shares of Neurocrine Biosciences (NASDAQ:NBIX) have been stuck in a range recently due to a combination of a lack of appreciation for good news on the clinical side with two phase 3 trial wins for crinecerfont and the continued strong growth of Ingrezza, and some market “appreciation” on the downside due to the two…
Algorand entered the Indian market earlier this year with the launch of the AlgoBharat Project. One of the first collaborations was formed with the Self-Employed Women’s Association (SEWA). Blockchain protocol Algorand (ALGO) has announced its expansion into India through major collaborations with prominent organizations including NASSCOM, TiE Bangalore, and the Mann Deshi Foundation. Algorand’s Impact…
Senstar Technologies Ltd. (NASDAQ:SNT) Q3 2023 Earnings Conference Call November 30, 2023 10:00 AM ET Company Participants Brett Maas – Hayden IR Fabien Haubert – Interim CEO Tomer Hay – CFO Conference Call Participants Operator Greetings, and welcome to the Senstar Technologies Third Quarter 2023 Financial Results Conference Call. [Operator Instructions] As a reminder, this…
Celsius also advised customers to make use of its mobile app for the withdrawal, stating the app would only be available for a limited time. Bankrupt crypto lender Celsius Network has announced that some clients with custody assets can now make withdrawals from the platform. Celsius which previously stopped withdrawals on its platform declared Chapter…
Justin Sullivan Contextualizing the $10 accelerated share repurchase program General Motors (NYSE:GM) just provided a financial update. A key component of the update involves a $10B accelerated share repurchase program. Other updates are relatively minor or routine in my view, such as a small revision of its 2023 EPS guidance range and some cost-cutting initiatives….
Despite the ongoing legal battle with CZ Binance and the US government, market experts believe the company will continue to maintain its position as the biggest crypto exchange in the world. Changpeng Zhao (CZ), the founder and former CEO of the world’s largest cryptocurrency exchange Binance has hired Matthew Diggs, an ex-prosecutor in the United States…
Mike Hansen DISCLAIMER: This note is intended for US recipients only and, in particular, is not directed at, nor intended to be relied upon by any UK recipients. Any information or analysis in this note is not an offer to sell or the solicitation of an offer to buy any securities. Nothing in this note…
Coinbase CEO Brian Armstrong voiced frustration over the charges. He mentioned how his company has provided a lot of clarity to the SEC but the commission on the other hand is not making matters easier. Despite over 30 meetings with the SEC in the past 18 months aimed at gaining regulatory clarity, cryptocurrency exchange Coinbase…
kozmoat98/iStock via Getty Images Basic Thesis: Otter Tail (NASDAQ:OTTR) is a regulated utility serving Minnesota, North Dakota and South Dakota. It also owns a manufacturing and plastics business. The utility is a perfectly fine operation. Decent growth and stable margins with a solid move to renewables. Utility Business Mix (OTTR Company Presentation) I don’t think…
The Ordinals protocol was introduced to Bitcoin in early 2023 at a most opportune time. Bitcoin had nearly two years of low transaction fees from the lack of demand to actually send Bitcoin transactions. Bitcoin is considered to be the most secure blockchain in the world, but that security depends on miners who receive their…
RomoloTavani AbbVie Inc. (NYSE:ABBV) investors must wonder what it must take for market participants to move past the company’s Humira headwinds to focus on its ex-Humira growth products instead. Therefore, I’m pleasantly surprised with the announcement earlier today that AbbVie will acquire Immunogen (IMGN) for about $10B in cash. AbbVie will pay a price of…
MicroStrategy, a leading business intelligence and software company, has continued its steadfast commitment to Bitcoin by purchasing an additional 16,130 BTC at a total cost of $593.3 million, Founder & Chairman Michael Saylor announced today. The purchase came as Bitcoin’s price has been experiencing upward momentum, reaching a recent yearly high of over $38,300. The…
reklamlar/iStock via Getty Images Sprinklr (NYSE:CXM) is a company that develops SaaS for customer experience management across various channels, including social media. In the last four years, Sprinklr has been consecutively named in Gartner’s Magic Quadrant for Content Marketing Platforms, highlighting its capabilities in optimizing content management and maximizing client engagement. Unsurprisingly, CXM reported robust…
If there’s one thing people are underestimating about a Bitcoin spot ETF approval, it’s the reality of Wall Street’s marketing engine. At least that was the takeaway from capital allocator Anthony Scaramucci’s most recent visit to crypto industry podcast “The Scoop.” In the interview, Scaramucci talked at length about how a Bitcoin ETF is poised to reshape…
Noah Holdings Limited (NYSE:NOAH) Q3 2023 Earnings Call November 29, 2023 8:00 PM ET Company Participants Melo Xi – Director, Investor Relations Jingbo Wang – Chief Executive Officer Qing Pan – Chief Financial Officer Conference Call Participants Helen Lee – UBS Peter Chung – JPMorgan Chiyao Huang – Morgan Stanley Operator Good day and welcome…
The decentralized cForm aims to eliminate issues associated with spam accounts on platforms like Google Forms. CoinList, a renowned platform for crypto innovators, is elevating community-building strategies with the introduction of cForm. This new tool enables builders to swiftly establish on-chain whitelists, sign-up forms, or surveys, streamlining the process of attracting and validating community members….
RealPeopleGroup Here at the Lab, we love Genuine Parts (NYSE:GPC), and today, we are back to comment on the latest company development. Given the minus 22.5% on a year-to-date stock price performance, we believe there are at least five reasons to re-enter. Still, to support our investment thesis, we should recall our MACRO to MICRO…
The move to regulate and tax cryptocurrencies held on foreign exchanges comes as digital assets are gaining popularity in Brazil. The Brazilian Senate recently gave the green light to a new tax reform aimed at imposing a 15% tax on cryptocurrencies held on foreign exchanges. The proposed bill on crypto income has already received approval…
greenbutterfly Investment Thesis Nutanix (NASDAQ:NTNX) simplifies IT infrastructure by combining storage, computing, and networking into a single, integrated platform. It helps organizations manage and scale their data centers more efficiently, reducing complexity and improving overall performance. Essentially, Nutanix streamlines the way businesses handle their IT resources for enhanced productivity. To put this slightly more technical,…
At the time FTX filed for bankruptcy, the total amount of customer assets misappropriated was about $8.7 billion. A Delaware bankruptcy court has granted FTX’s administrators permission to sell the defunct exchange’s trust assets. The approval comes about four weeks after the administrators filed a motion requesting the sale of the assets as part of…
da-kuk/E+ via Getty Images Overview After being bludgeoned, the dollar is having one of its best days of the month. It is rising against all the major currencies. The Dollar Index (USDOLLAR, DXY) is up about 0.5%, which is the most since the end of October. The greenback is also firmer against all the emerging…
Novogratz is not the only expert who expects Bitcoin price to skyrocket soon. One of the main reasons is that long-term holders are not selling off their positions According to Michael Novogratz, founder of digital asset management company Galaxy Digital, things may soon change for other stores of value like gold and Bitcoin (BTC) as…
KangeStudio Investment Thesis Comfort Systems USA, Inc’s (NYSE:FIX) revenue growth should continue to see benefits from a healthy backlog of $4.28 billion exiting Q3 2023, and good demand in industrial, technology, and manufacturing sectors driven by medium to long-term secular trends. However, the streak of extraordinarily high growth rate that the company has been witnessing…
Elon Musk said that he will do whatever required to maintain for the free speech on the X platform. Elon Musk was brutally straightforward during his recent interview on Wednesday, November 29. During the 2023 DealBook Summit in New York on November 29 Elon Musk, owner of the micro-blogging platform X (formerly Twitter), criticized advertisers…
JHVEPhoto/iStock Editorial via Getty Images Shares of CenterPoint Energy (NYSE:CNP) have been a poor performer over the past year, losing about 10% of their value. Higher interest rates have been a significant contributor to this, with higher-rates making dividend-oriented stocks less attractive as well as leading investors to worry about the feasibility of cap-ex programs….
The demand for BTC is expected to skyrocket once a spot exchange-traded fund ETF is approved by the US SEC. A yet-to-be-identified buyer has acquired 11,268 Bitcoin (BTC) between November 10 and now. The purchase, which is worth a total of $424 million, has also made the buyer the 74th largest holder of Bitcoin, per…
Oleksii Liskonih/iStock via Getty Images Laureate Education (NASDAQ:LAUR) stands as a mid-cap stock, boasting a market cap of $2.1 billion. With a modest short interest of 3.47% and a generous return of 36.16% over the past year, it’s been an appealing choice for investors. The forward price-to-earnings ratio of 13.19 is quite attractive, particularly as…
The anticipation surrounding a possible settlement revolves around the expectation that once a deal is inked, it will take away the gloom that still clouds Ripple Labs’ operations and finally set the firm and XRP on a path to truly thrive. In the ongoing protracted legal battle between Ripple Labs Inc and the US Securities…
Editor’s note: Seeking Alpha is proud to welcome Oren Growth Investments 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 » Pituk Loonhong/iStock via Getty Images The recent acquisition…
Paxos received the in-principle approvals (IPAs) of the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM) to offer USD-backed stablecoins among other crypto services. In a bid to expand its crypto-related services in the Middle East, Paxos Trust Company LLC has announced that it has received the necessary regulatory approval to…
Andy/iStock via Getty Images In my third edition of my CRISPR series (see article 1 (an overview of CRISPR-Cas9) and article 2 (a comparison of CRSP and NTLA)), I want to focus on Beam Therapeutics (NASDAQ:BEAM), which is a favorite amongst investors because it uses what many believe to be a better version of gene…
Pando has named the Bank of New York Mellon as the official administrator of the ETF. Swiss asset management company Pando Asset has joined the race for a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States. On November 29, the company filed with the country’s Securities and Exchange Commission (SEC), becoming the 13th…
Rasica The Company And The Stock Organon & Co. (NYSE:OGN) is a global healthcare company dedicated to enhancing women’s health at every stage of their lives. The company focuses on developing and delivering innovative health solutions, including a diverse portfolio of prescription therapies and medical devices within women’s health, biosimilars, and established brands. With a…
Grayscale is hoping that the proposed changes to GBTC’s Trust Agreement would help both the company and GBTC to achieve operational efficiencies. Manager of the Grayscale Bitcoin Trust (GBTC), Grayscale is currently updating its trust agreement as the wait for spot Bitcoin exchange-traded funds (ETFs) enters top gear. That is according to a Wednesday filing…