ContextLogic Inc. (NASDAQ:WISH) Q3 2023 Earnings Conference Call November 7, 2023 5:00 PM ET Company Participants Ralph Fong – Director of Investor Relations Joe Yan – Chief Executive Officer Vivian Liu – Chief Financial Officer & Chief Operating Officer Conference Call Participants Laura Champine – Loop Operator Good day, and thank you for standing by….
Allison Dinner Overview Dr. Ing. h.c. F. Porsche AG (OTCPK:DRPRF) operates as a subsidiary of Porsche Automobil Holding and reported solid Q3 earnings amidst a global slowdown in luxury spending. Since its $85 billion spinoff from Volkswagen in 2022, shares have dropped roughly 25% from all-time highs, as the global luxury market saw a slowdown…
bodnarchuk Introduction Agnico Eagle Mines Limited (NYSE:AEM) is among the top long-term gold miners that I have been covering on Seeking Alpha quarterly since 2014. On October 25, 2023, the company released its results for the third quarter of 2023. Note: This article updates my July 28, 2023, article. With a 49 Au Moz P&P…
Choice Hotels International, Inc. (NYSE:CHH) Q3 2023 Earnings Conference Call November 7, 2023 10:00 AM ET Company Participants Allie Summers – Senior Director and IR Patrick Pacious – President and CEO Scott Oaksmith – CFO Dominic Dragisich – EVP, Operations and Chief Global Brand Officer Conference Call Participants Shaun Kelley – Bank of America Stephen…
Zerbor This article series aims at evaluating ETFs (exchange-traded funds) regarding the relative past performance of their strategies and metrics of their current portfolios. Reviews with updated data are posted when necessary. FTQI strategy and portfolio First Trust Nasdaq BuyWrite Income ETF (NASDAQ:FTQI) is an actively managed fund launched on 1/6/2014. It currently holds a…
Eve Holding, Inc. (NYSE:EVEX) Q3 2023 Earnings Conference Call November 7, 2023 9:00 AM ET Company Participants Lucio Aldworth – Director of IR Gerard DeMuro – Co-CEO Johann Bordais – CEO Eduardo Couto – CFO Luiz Valentini – Chief Technology Officer Conference Call Participants Savanthi Syth – Raymond James Cai von Rumohr – TD Cowen…
Bitcoin wallet and API platform Blink, formerly known as Bitcoin Beach Wallet, has announced a new partnership with Distribuidora Morazán, the second-largest distributor of consumer goods in El Salvador, according to a press release sent to Bitcoin Magazine. This collaboration between Blink and Distribuidora Morazán has paved the way for a pilot program that allows the…
Kimball Electronics, Inc. (NASDAQ:KE) Q1 2024 Earnings Conference Call November 7, 2023 10:00 AM ET Company Participants Andy Regrut – Vice President, Investor Relations Ric Phillips – Chief Executive Officer Jana Croom – Chief Financial Officer Conference Call Participants Mike Crawford – B. Riley Derek Soderberg – Cantor Fitzgerald Jason Smith – Lake Street Anja…
ferrantraite Introduction I’ve been following U.S. residential homebuilder Landsea Homes (NASDAQ: LSEA) closely and I’ve written six articles about the company on SA so far. The latest of them was in August 2023 and in it I said that the Q2 2023 results were strong but that the Q3 2023 guidance looked weak. On November…
This article is featured in Bitcoin Magazine’s “The Withdrawal Issue”. Click here to subscribe now. A PDF pamphlet of this article is available for download. I have taught teenagers mathematics for my entire career. More recently, I also found great joy in teaching people about Bitcoin. Among the lessons I have learned through the years…
OrthoPediatrics Corp (NASDAQ:KIDS) Q3 2023 Earnings Conference Call November 7, 2023 8:00 AM ET Company Participants Trip Taylor – Investor Relations David Bailey – President and Chief Executive Officer Fred Hite – Chief Operating and Financial Officer Conference Call Participants Matthew O’Brien – Piper Sandler Rick Wise – Stifel Ryan Zimmerman – BTIG Samuel Brodovsky…
Hecla Mining Company (NYSE:HL) Q3 2023 Earnings Conference Call November 7, 2023 10:00 AM ET Company Participants Anvita Patil – Vice President of Investor Relations and Treasurer Phillips Baker – President and Chief Executive Officer Russell Lawlar – Senior Vice President and Chief Financial Officer Lauren Roberts – Senior Vice President and Chief Operating Officer…
Valaris Limited (NYSE:VAL) Q3 2023 Earnings Conference Call November 7, 2023 10:00 AM ET Company Participants Darin Gibbins – Vice President, Investor Relations & Treasurer Anton Dibowitz – President & Chief Executive Officer Matt Lyne – Senior Vice President, CCO Chris Weber – Senior Vice President & Chief Financial Officer Conference Call Participants Eddie Kim…
PM Images Investment Overview Organon & Co. (NYSE:OGN), formed via Pharma giant Merck & Co.’s (MRK) spinout of its Established Brands, Women’s Health and Biosimilars divisions, announced its Q3 earnings on Thursday, November 2. I covered Organon’s Q2 earnings in a deep dive note for Seeking Alpha in August. I gave the stock a “Hold”…
WeWork has filed to begin bankruptcy proceedings to protect itself as it reorganizes debt in US and Canada only. Co-working space provider WeWork Inc (NYSE: WE) has filed for Chapter 11 bankruptcy in New Jersey federal court. The bankruptcy filing is expected to protect the company from action against landlords and creditors as the company…
Tanger Factory Outlet Centers, Inc. (NYSE:SKT) Q3 2023 Earnings Conference Call November 7, 2023 8:30 AM ET Company Participants Ashley Curtis – Assistant VP, IR Steven Tanger – Executive Chair Stephen Yalof – Director, President and Chief Executive Officer Michael Bilerman – Executive Vice President and Chief Financial Officer Leslie Swanson – Executive Vice President,…
With the number of people involved in crypto in South Korea, SK Telecom aims to expand the accessibility of its wallet to attract more users and improve adoption in the country. SK Telecom, one of South Korea’s leading telecommunications giants, has announced its partnership with Aptos Network, a layer 1 blockchain protocol, and Atomrigs Lab…
TEGNA Inc. (NYSE:TGNA) Q3 2023 Earnings Conference Call November 7, 2023 10:00 AM ET Company Participants Julie Heskett – Senior Vice President Financial Planning & Analysis & Head of Investor Relations Dave Lougee – President & Chief Executive Officer Victoria Harker – Chief Financial Officer Conference Call Participants Dan Kurnos – The Benchmark Company Steven…
It is worth mentioning that this is not the first time the SEC and Chair Gensler have faced scrutiny from US politicians. In a surprising turn of events, United States Representative Tim Burchett has proposed an amendment that seeks to drastically reduce the salary of the Securities and Exchange Commission (SEC) Chair, Gary Gensler, to…
FG Trade Latin/E+ via Getty Images Elevator Pitch My investment rating for Olo’s (NYSE:OLO) stock is a Hold. I have a positive view of OLO’s Q3 2023 financial performance and the company’s decision to raise its full-year guidance. But Wingstop’s (WING) recent insourcing move indicates that there are downside risks to OLO’s future revenue and…
According to Ava Labs CEO Emin Gün Sirer, the cuts were necessary to restructure and reallocate resources in the ongoing crypto bear market. The cryptocurrency job market continues to face issues with layoffs amid the challenges and uncertainty of the crypto bear market. One of the recent ones is the recent sack of 12% of…
Altimmune, Inc. (NASDAQ:ALT) Q3 2023 Earnings Conference Call November 7, 2023 8:30 AM ET Company Participants Rich Eisenstadt – Chief Financial Officer Vipin Garg – Chief Executive Officer Scott Harris – Chief Medical Officer Scot Roberts – Chief Scientific Officer Conference Call Participants Yasmeen Rahimi – Piper Sandler Roger Song – Jefferies William Wood –…
While WisdomTree is expanding its investment options with Bitcoin, the asset manager has also decided to liquidate five of its ETFs. WisdomTree, one of the major players in the financial industry, is considering the addition of Bitcoin (BTC) as part of its commodity exchange-traded fund (ETF), providing its customers with exposure to the crypto market…
Uber Technologies, Inc. (NYSE:UBER) Q3 2023 Earnings Conference Call November 7, 2023 8:00 AM ET Company Participants Alax Wang – Head, Investor Relations Dara Khosrowshahi – Chief Executive Officer Nelson Chai – Chief Financial Officer Conference Call Participants Ross Sandler – Barclays Brian Nowak – Morgan Stanley Eric Sheridan – Goldman Sachs Ron Josey –…
Floki’s team of developers have their eyes set on capturing a significant percentage of the global asset tokenization market. Popular meme coin FLOKI was first introduced in 2021 after being originally inspired by Elon Musk’s pet Shiba Inu. Since then, it has gone on to establish itself as a major decentralized finance (DeFi) project. For…
Editor’s note: Seeking Alpha is proud to welcome Rasmus Tolppanen 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 » Andrew Burton Investment Thesis JD.com (NASDAQ:JD) is vastly undervalued…
The unexpected message I got from a student was simple enough: “Any chance you’re doing any sort of independent study regarding crypto or anything of that nature?” I had no intention of teaching a course on crypto. But I had been thinking of offering a course on Bitcoin. This was the prompt I needed. As…
mikkelwilliam We previously covered Carnival Corporation & plc (NYSE:CCL) in June 2023, discussing the massive optimism embedded in the stock valuations and prices. This was attributed to the record expansion in its consumer deposits and bookings through 2024, with the management also guiding a return to positive adj EPS by FQ3’23. However, we had continued…
Kraken neither confirmed nor dispelled the rumor. Reports suggesting that US-based crypto exchange Kraken is seeking partnerships to enable it to develop its own Layer 2 network solution have emerged. Per the report, the exchange is considering a partnership with Polygon, which is noted for its Ethereum scaling solutions, to build its Layer 2 network….
All_About_Najmi Investment Thesis Clover Health Investments, Corp.(NASDAQ:CLOV) has been on a transformative journey characterized by profitability objectives. I am thrilled by the company’s improving fundamentals, leading me to a long-term bullish stance. Its financial performance has been improving on a quarterly basis, which I believe reflects on its commitment to profitability objective. Given the company’s…
CEO Durov spent $200,000 to buy Toncoin in order to pre-acquire Telegram Premium subscriptions in a giveaway for 10,000 Telegram users. Pavel Durov, the CEO of cross-platform instant messaging service has announced a giveaway of 10,000 Premium subscriptions to celebrate a new feature in the app. The Telegram app officially introduced a few new features,…
Alex Wong/Getty Images News Acceleration While I have been a loyal and unwavering supporter and shareholder of Palantir Technologies Inc. (NYSE:PLTR) since I first purchased shares in the company at $10.25/share in late 2020, frankly, its recent share price rally seemed a bit too exuberant to me. As I’ve so often highlighted to you over…
Users can access the information stored in the NFC chip by scanning it with the free Arteïa Authentication application, which grants partners access to a private VIP Room webpage. Millon, a prominent French auction house, is set to leverage Tezos blockchain-based digital traceability technology developed by Arteïa to ensure the authenticity of artworks. This innovative…
Boarding1Now Company Description Prior to the COVID-19 pandemic, Southwest Airlines (NYSE:LUV) had an unusual track record of consistent profitability. Until FY2020 it had never reported an operating loss. Its profitability record is extremely rare in the airline sector. COVID not only interrupted its unbroken profitability record but Southwest also lost its place as the largest…
It appears X, Tesla, SpaceX, Neuralink, and xAI won’t be issuing their own cryptocurrency anytime soon. Announced on X late last week, Elon Musk has declared that none of his companies will be launching a cryptocurrency token, in a move that underscores a shift in the tech industry’s attitude toward competing with Bitcoin as a digital currency. …
Deagreez Last week, interest rates fell over 20 basis points and the stock market had the best week all year. Ycharts Stocks rallied 6% in a single week. That’s seven months of historical market gains in five days. But guess what? That’s the magnificent 7-driven U.S. market, not the global market, and certainly not all…
The listing of ORDI token on Binance comes with a Seed Tag hinting at elevated levels of risk and volatility compared to other listed tokens. In the latest announcement on Tuesday, November 7, Binance will list Ordinals (ORDI) on the platform while introducing spot trading pairs such as ORDI/BTC, ORDI/USDT, ORDI/TRY. Furthermore, Binance also announced that…
grandriver Shares of Diamondback Energy (NASDAQ:FANG) have been a mixed performer over the past year, essentially treading water. The company does have premiere assets in the Permian Basin, which delivered strong results in Q3. For this reason, its name is bound to get speculation amidst the recent wave of energy M&A activity. With a pristine…
Meanwhile, the regulator is currently in several enforcement actions against popular exchanges including Coinbase and Binance. The United States Securities and Exchange Commission (SEC) has found itself in a bit of a situation with its plans to hire crypto experts. This is according to a revelation by the SEC’s Supervisory Office of Inspector General. Per…
koyu/iStock via Getty Images Investment Thesis Tripadvisor (NASDAQ:TRIP) sees its share price pop 12% premarket. Investors have a lot to be happy about. Particularly since in the past year, its share price has been highly volatile, but mostly trending lower. Does this quarter turn Tripadvisor into a phoenix that returns from the ashes? I’m not…
The UBS report for Q3 2023 showed that the company’s net loss increased because of expenses necessary due to the Credit Suisse integration. Multinational investment bank and financial services company UBS Group AG (SWX: UBSG.SW) has published its report for Q3 2023, showing a disappointing net loss. The banking giant announced $785 million in net…
Justin Sullivan Apple (NASDAQ:AAPL) reported its Q4 FY23 results on November 2nd, 2023. The company experienced a 0.7% decline in revenue year-over-year, with foreign exchange having a negative impact of 2% this quarter. Product revenue decreased by 5% from last year, while service revenue grew by 16% year-over-year. As mentioned in my introductory article, I…
Analysts are expecting the Fed to pivot by March 2024 and begin the first rate cuts. Bitcoin and the crypto market are expected to rally in this scenario. Bitcoin (BTC) has maintained its position with the price around the $35,000 mark for the past 24 hours, with some attributing this stability to the possibility of…
Viktor Aheiev ETF Overview SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) has a portfolio of U.S. investment grade corporate bonds. The fund offers attractive yield of nearly 6%. The fund has a quality portfolio of investment grade bonds with low default rates. Unlike treasuries that typically holds their prices quite firm in an economic…
Part of the shortlisted investors that want to relaunch FTX includes Proof Group. After former FTX boss Sam Bankman-Fried (SBF) was found guilty of all the charges by a court jury last week, reports have emerged of shortlisted venture capital firms seeking to relaunch the former top-rated cryptocurrency exchange. According to Kevin Cofsky, a partner…
huettenhoelscher/iStock Editorial via Getty Images Siemens AG (OTCPK:SIEGY) is a German industrial legacy, founded in 1847 in a Berlin backyard and relocating to Munich after the Second World War, the company has since then manufactured about everything you could imagine from mobile phones to high-speed trains. In fact, well-known German semiconductor giant Infineon used to…
Oasys recently formed a strategic alliance with Adventure Gold DAO (AGLD DAO). This collaboration aims to improve the world of fully on-chain games while also supporting the growth of Autonomous Worlds. Oasys, a game-optimized blockchain that utilizes Ethereum’s Layer-2 scaling solution, has announced a strategic partnership with Singularity, a cross-chain payment solution. This alliance is…
Justin Sullivan Shares of Roku (NASDAQ:ROKU) exploded higher by 31% after the streaming company delivered a solid earnings beat for the third-quarter last week and management said that the platform is benefiting from a strong rise in video ads. Roku’s streaming platform also saw double-digit growth in active accounts as well as streaming hours, indicating…
To make the product widely accessible for developers, OpenAI said the new model comes with a more affordable pricing structure than its predecessor GPT-4. In a groundbreaking move, OpenAI has announced the launch of a cutting-edge platform that allows users to create personalized versions of the popular AI chatbot ChatGPT, which made history months after…
peterschreiber.media It’s a rough time in the EV auto space. Tesla (TSLA), specifically, has endured significant selling pressure following strong rallies earlier this year. Fundamentally, lower sticker prices for the firm’s vehicles is certainly a worrisome trend – and that is seen in softer quarterly sales trends. Still, a ‘volume over price’ strategy could be…