Alison Calazans/iStock Editorial via Getty Images In my previous article on Banco do Brasil (OTCPK:BDORY), I took an extremely optimistic stance on the Brazilian state-owned bank. This was grounded in its impressive sustainability metrics, as highlighted by its above-average Return on Equity (ROE) for a non-private bank. Furthermore, the bank currently maintains a discounted valuation,…
CHUNYIP WONG The iShares MSCI Japan ETF (NYSEARCA:EWJ) is a value-weighted fund that provides exposure to the Japanese markets. On the ETF specifically, we prefer alternatives which achieve very similar objectives but with lower expense ratios. On the broader macroeconomic picture of Japan, we think that while an accommodative environment has served the market well,…
verbaska_studio/iStock Editorial via Getty Images Haleon (NYSE:HLN) sells health products internationally. The company has proven stable operations with modest growth and stable, high margins as the company invests in its brands – Haleon’s future cash flows seem likely to be stable as well. Haleon is expected to pay $0.10 in annual dividends, making the stock’s…
RightFramePhotoVideo Introduction I’m a very picky investor. I currently own just 20 individual dividend (growth) stocks in my portfolio, which holds almost my entire net worth. Essentially, there are two reasons why I hold just a few stocks: I try to avoid holding many correlated plays. Although I own four defense contractors, three railroads, and…
Armando Oliveira/iStock via Getty Images One of the biggest bull markets around the world is found in South America. Following surprising and pro-business election results in Argentina over the weekend, shares of the Global X MSCI Argentina ETF (ARGT) are higher by nearly 55% from year-ago levels. An exclamation point on its relative and absolute…
Vivien Killilea PENN Entertainment, Inc. (NASDAQ:PENN) sent shockwaves through the industry by signing a 10-year, $1.5 billion deal to create an ESPN-branded sportsbook in August. Shortly after, I laid out the back-of-the-envelope case for PENN stock to soar from roughly $25 per share to $134 in the coming years. The market resoundingly disagreed, with frustrated…
chaofann Last week, I discussed preferred equity and detailed my view that the yield of preferreds was not high enough compared to risk-free assets to warrant their higher risk profiles. Not only preferred, but high demand for other financial products such as covered call strategy funds, junk bonds, and high-yield dividends shows how many investors…
Bitcoin X Crocs: Bitcoin Magazine is releasing a limited run of the first and only Bitcoin Crocs shoe. The sound money footwear is crafted in the iconic Crocs clog style and features the classic orange Bitcoin logo atop a black base color. Each of the 2,100 pairs of Bitcoin Crocs will come with a custom…
Justin Sullivan/Getty Images News All eyes right now are on the US Justice Department’s suit to block JetBlue (JBLU) from acquiring Spirit Airlines (NYSE:SAVE) for $3.8 billion, almost three times Spirit’s current market cap. Clearly the market doesn’t believe the deal will go through. Spirit’s stock price has hovered in the high teens for more…
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. Robert Linus, ZeroSync developer and creator of the BitVM protocol, has created a new protocol for…
Just_Super/iStock via Getty Images People never lie so much as before an election, during a war, or after a hunt.”― Otto von Bismarck. Today, we take a deeper look at FuelCell Energy, Inc. (NASDAQ:FCEL). The shares of the company have fallen drastically since their peak in 2021, as the enthusiasm around the alt-energy space has…
ODX said the token issuance will take place on Progmat, a robust software platform dedicated to the issuance and management of digital assets. Osaka Digital Exchange (ODX) is set to transform the Japanese financial landscape with the launch of the country’s first-ever securities trading platform. The announcement, made on November 20, revealed that the company…
ipuwadol/iStock via Getty Images The Company UiPath Inc. (NYSE:PATH), founded in 2005 and headquartered in New York, is a leading $10-billion market cap provider of robotic process automation (RPA) solutions. The company’s end-to-end automation platform combines artificial intelligence, visualization tools, and low-code development environments to streamline and manage business processes. UiPath serves diverse sectors, including…
Bernstein analysts are convinced the flagship digital asset will continue on a bullish trajectory amid the incoming halving event that will reduce Bitcoin’s monthly selling pressure to less than $500 million. Bitcoin (BTC) opened the fourth week of November with a renewed bullish outlook fueled by the victory of Argentina’s pro-Bitcoin and anti-CBDC President Javier…
alexsl I have been covering MorphoSys AG (NASDAQ:MOR) for years. In 2019, I began coverage of the U.S. IPO-ed company, noting the extensive pipeline, the strong research prowess, and the major partnering deals of this emerging European giant. However, over the years, MorphoSys has disappointed – it is still a major R&D powerhouse, and it…
Aside from the integration of ICP into the SingularityNET protocol, the two companies plan to synergize their grant programs by merging the Deep Funding and DFINITY Developer Grant Programs. The Dfinity Foundation, a not-for-profit research and development organization, has partnered with SingularityNET, an AI-focused blockchain firm, to propel decentralized artificial intelligence (DeAI) on the Internet…
jpkirakun/iStock via Getty Images What is the Goal of this Article? Retail investors can miss out on diversity within their portfolio and exceptional returns if they neglect to invest in international stocks. I believe MercadoLibre (NASDAQ:MELI) is one of the best international stock opportunities for the next decade and only has 10% of retail investor…
Bitcoin and Austrian Economics have been subjects of much interest and discussion in recent years. In this article, we will explore the basics of Bitcoin, delve into the principles of Austrian Economics, and examine the unique insights provided by Tuur Demeester, a renowned expert in both fields. The Role of Bitcoin in Today’s Economy Moreover,…
Jirsak/iStock via Getty Images The transition from a Big 3 investment manager oligopoly to an advanced advisor-dominated participant-centric industry is happening now, as Advisors play a key role in the transformation. Despite their popularity, target date funds (TDFs) are one-size-fits-all-set-it-and-forget-it approaches that are limited in their suitability because investing is personal. Here’s what’s happening now…
Besides freezing assets, Tether follows strict Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols. Tether, the USDT issuer, has announced the freezing of 225 million in USDT tokens. Globally, USDT has a market cap of $87.7 billion. It also offers dollar exposure to individuals who cannot access the dollar in their own market. According…
Solskin My happiness is not the means to any end. It is the end. It is its own goal. It is its own purpose.”― Ayn Rand. Today, we tee up a mid-cap biopharma we have not looked at in quite some time. The shares had a rocky summer but have been on the rebound of…
The price of Worldcoin has fallen over the last 24 hours as new of Sam Altman’s problems and ousting continue to spread. The price of Worldcoin (WLD) reacted to the news in the artificial intelligence (AI) industry, especially as it relates to OpenAI. WLD, the native token of the Worldcoin project, co-founded by Altman, climbed…
A piggy getting smoked. Gins Wang/iStock via Getty Images Enormous interest causes bad reporting Every quarter, when Berkshire Hathaway (NYSE:BRK.B) (NYSE:BRK.A) must file its portfolio activity with the SEC in a so-called form 13F, hundreds of thousands of investors try to draw conclusions from it. Given the widespread interest, many news sites try to satisfy…
Serenethos/iStock Editorial via Getty Images The last year for electric vehicle stocks has been disastrous. Lordstown Motors (OTC:RIDEQ) and Proterra (OTC:PTRAQ) have filed for Chapter 11 bankruptcy and a plethora of tickers from Canoo (GOEV), Arrival (ARVL), and Faraday Future (FFIE) all teeter on the brink of collapse as their liquidity base gets eroded by…
The collaboration between READYgg and Aptos Labs fosters a sense of community and collaboration within the gaming ecosystem. The gaming industry is on the verge of a revolutionary transformation, thanks to the dynamic collaboration between READYgg with Aptos Labs to usher in millions of Web2 gamers into the realm of Web3 gaming. READYgg and Aptos…
monsitj From its November 2022 low to its recent high, Bitcoin (BTC-USD) as well as the Grayscale Bitcoin Trust (OTC:GBTC) is up 145% within 12 months. But of course, it wasn’t easy to ride this rally if you didn’t have a good entry or are a long-term holder. Until the summer top, Bitcoins recovery was…
Despite being published in 1949 at the tail end of World War II, I think George Orwell’s fictional novel, 1984, is still as relevant today as it was back then. The book is set in the fictional state of Oceania, where a dystopian future has taken over the reins of society. The leader of the…
Olivier Le Moal We’re nearing the end of the Q3 Earnings Season for the Gold Miners Index (GDX) and one of the most recent companies to report its results was Wheaton Precious Metals (NYSE:WPM). Overall, the company had a solid quarter given the impact of significantly lower sales from its Penasquito silver stream related to…
MF3d/E+ via Getty Images Lumine Group (TSXV:LMN:CA) (OTCPK:LMGIF) is a vertical market software serial acquirer in the communications and media industries that became a publicly traded company after its biggest acquisition (WideOrbit), spinning out from Constellation Software (OTCPK:CNSWF) (CSU:CA). In this article, I am going to cover Lumine Group with the main goal of determining…
Exagen Inc. (NASDAQ:XGN) Q3 2023 Earnings Conference Call November 13, 2023 4:30 PM ET Company Participants Ryan Douglas – IR John Aballi – President and CEO Kamal Adawi – CFO Conference Call Participants Kyle Mikson – Canaccord Genuity Mark Massaro – BTIG Dan Brennan – TD Cowen Andrew Brackmann – William Blair Operator Greetings, and…
Santander has made this move while most big banks limit their exposure to decentralized blockchains and the cryptocurrencies running on them. Santander Private Banking International has announced plans to allow its high-net-worth Swiss clients a chance to trade crypto assets. The bank will offer these clients a chance to buy, sell, and hold two major…
Oleg Elkov/iStock via Getty Images Overview Last week’s dollar losses have been extended today. The yen is leading the move, encouraged by talk of buying by a large US real money fund. The Dollar Index is off about 0.35% after sliding 1.8% last week. It is below the 200-day moving average for the first time…
A number of AI tokens have seen recent significant increases, following Musk’s xAI shareholder announcement, along with other news updates. Artificial intelligence (AI) tokens climbed over the past weekend following news from AI companies about the future of the sector. X Corp owner and Chairman Elon Musk said on Sunday that the company’s shareholders would…
InfinitumProdux It has been a while since I last wrote about Star Bulk Carriers (NASDAQ:SBLK). At this time last year, I recommended investors step to the sidelines as the economic outlook was highly uncertain with shipping rates declining and China still shut down due to zero-COVID policies. Since my article, SBLK’s share price experienced a…
OpenAI President Greg Brockman, a pivotal figure in the company’s technical achievements, resigned from the board on the same day as Altman’s dismissal. Following the untimely departure of Sam Altman, Emmett Shear, co-founder of Twitch, has been named as the interim CEO of OpenAI, according to reports. This move aims to provide stability during a…
Robert Hradil/Getty Images News At the time of writing, the Formula One Group’s (FWONA) (OTCQB:FWONB) (FWONK) much anticipated Las Vegas Grand Prix has just finished. Two of the twenty cars on the grid – recognizable by their British Racing Green paint scheme – raced under the Aston Martin name. Well, the Aston Martin Aramco Cognizant…
Mastercard’s partnership with Feedzai aims to address concerns around crypto fraud and money laundering by leveraging artificial intelligence to differentiate between legitimate and fraudulent transactions. Mastercard Inc (NYSE: MA) is strengthening its efforts to identify and prevent fraud associated with crypto exchanges. In an exclusive statement to CNBC, the company revealed a partnership with Feedzai,…
Ian Waldie/Getty Images News Management of BHP (NYSE:BHP)(OTCPK:BHPLF) is transforming the company through investments in copper and potash while gradually divesting from coal. The investments were described previously whereas this article focuses on the potential of divesting the coal business. As the current transformation requires increased capital expenditures against the backdrop of a market in…
Historically, BTC does have a rally before its halving occurs. However, the most certain part of the halving is the rally that comes after the event. Popular social media trader Titan of Crypto has once again affirmed that Bitcoin (BTC) will hit a pre-halving price target of $50,000. He made the announcement late Sunday, as…
TheaDesign November of 2023 saw a massive rally in risk assets and a large drop in Treasury yields. The S&P 500 index (SPX) and 10-year Treasury rates (GT10). (Bloomberg) This rally in risk assets and Treasury bonds can be traced back to two sets of macro announcements. In early November, there was a weak ADP…
Atomic Wallet states that most of the users impacted by the hack do not actually reside in the United States, and only one plaintiff out of the entire class action lawsuit is based in Colorado, where the suit was initiated. Crypto wallet company Atomic Wallet, based in Estonia, has asked a United States court to…
imaginima Welcome to another installment of our CEF Market Weekly Review, where we discuss closed-end fund (“CEF”) market activity from both the bottom-up – highlighting individual fund news and events – as well as the top-down – providing an overview of the broader market. We also try to provide some historical context as well as…
The OpenAI board has been at loggerheads with Altman, thus putting the ChatGPT project in limbo as other competitive AIs like Grok from the X platform gain momentum. The initial team that founded OpenAI Inc, an American artificial intelligence (AI) research organization, has slowly been moving away and starting new competitive projects. In the latest…
Tammi Mild/iStock via Getty Images iShares Russell 2000 Growth ETF (NYSEARCA:IWO) is a passively managed investment vehicle that amalgamates small-size and growth factors. This is a precarious proposition, and the factor story inside its portfolio is not the one I like. As we have seen earlier this year, the zeitgeist is fickle, and we certainly…
After winning the election on Sunday, Milei, often compared to former United States President Donald Trump, promised drastic changes for Argentina. In a historic turn of events on November 19, Bitcoin-friendly presidential aspirant Javier Milei secured victory in Argentina’s presidential run-off election, defeating his opponent Sergio Massa with 55% of the votes and establishing a…
primeimages/iStock via Getty Images In just three weeks, the consensus has gone from questioning the validity of the bull market to putting its first correction behind us to seeing the S&P 500 climb within 6% of reaching a new all-time high. As the major market averages pushed higher last week, the most encouraging development was…
Amid all the drama that’s unfolding at OpenAI, reports suggest that Sam Altman won’t rejoin the company, but rather lead the AI research team at Microsoft. Over the last weekend, some major drama unfolded at the artificial intelligence firm OpenAI upon the ouster of company CEO Sam Altman. However, sources familiar with the matter stated…
FinkAvenue E-commerce giant Amazon, Inc. (NASDAQ:AMZN) has announced another innovative solution with a car sales partnership involving Hyundai Motor Group. I’ll look a little deeper at the consequences for Amazon and the auto sales sector. Amazon announces car retail and digital partnership with Hyundai Amazon announced a deal on Friday at the Los Angeles Auto…
Former OpenAI CEO Sam Altman together with some of his colleagues will join Microsoft to lead its AI research team. Just a couple of days ago Sam Altman made headlines as it was revealed that he was leaving OpenAI. And now Microsoft CEO Satya Nadella has made an exciting announcement related to the future career…
PeopleImages/iStock via Getty Images The Brazilian payment and digital banking company PagSeguro (NYSE:PAGS) reported record-breaking net profit in the third quarter, showcasing resilience amid challenges posed by a more intricate credit environment in Brazil amidst declining interest rates. In my initial company analysis, I highlighted PagSeguro’s potential to benefit from a more favorable fiscal landscape…