ArtistGNDphotography/E+ via Getty Images By Peter C. Earle The annual ritual known as Black Friday takes on renewed significance in 2023. This year’s shopping extravaganza will serve as a litmus test for the strength of the American consumer and, consequently, the broader health of the US economy. As citizens continue to grapple with inflationary pressures…
The Singing Machine Company, Inc. (NASDAQ:MICS) Q2 2024 Results Conference Call November 21, 2023 10:00 AM ET Company Participants Gary Atkinson – CEO & Chairman Lionel Marquis – CFO Bernardo Melo – Chief Revenue Officer Operator Good morning, everyone, and welcome to Singing Machine’s Second Quarter Fiscal 2024 Financial Results Earnings Call. My name is…
Enlight Renewable Energy Ltd (NASDAQ:ENLT) Q3 2023 Results Conference Call November 20, 2023 8:00 AM ET Company Participants Yosef Lefkovitz – VP and Corporate Finance Gilad Yavetz – CEO and Co-Founder Nir Yehuda – CFO Jason Ellsworth – CEO and Co-Founder, Clenera Conference Call Participants Mark Strouse – JPMorgan Justin Clare – ROTH MKM David…
Upexi, Inc. (NASDAQ:UPXI) Q1 2024 Results Conference Call November 20, 2023 4:30 PM ET Company Participants Valter Pinto – MD, KCSA Strategic Communications Allan Marshall – CEO Andrew Norstrud – CFO Conference Call Participants Aaron Grey – Alliance Global Partners Operator Good day, and welcome to the Upexi, Inc. 2024 Fiscal First Quarter Earnings Results…
Presto Automation Inc. (NASDAQ:PRST) Q1 2024 Results Conference Call November 20, 2023 5:00 PM ET Company Participants Krishna Gupta – Chairman Xavier Casanova – CEO Nathan Cook – Interim CFO Conference Call Participants Mike Latimore – Northland Capital Markets Brian Dobson – Chardan Capital Markets Operator Hello, and welcome to Presto Automation’s First Quarter 2024…
Thai Beverage Public Company Limited (OTCPK:TBVPF) Q4 2023 Earnings Call Transcript November 23, 2023 5:30 AM ET Company Participants Namfon Aungsutornrungsi – Head of IR Ueychai Tantha-Obhas – Director and Senior EVP and COO, Thailand Prapakon Thongtheppairot – EVP, Chief Spirit Product Group, Group CFO Lester Tan Teck Chuan – Chief Beer Business, Thailand Sithichai…
Bruce Bennett There’s nothing not to like about Verizon (NYSE:VZ) right now. The company reported decent earnings results for Q3, its business appears to be recovering, and its stock is a decent dividend and value play with a modest upside. While Verizon’s business could be negatively affected by the worsening of the macroeconomic environment next…
Ayro, Inc. (NASDAQ:AYRO) Q3 2023 Results Conference Call November 21, 2023 8:30 AM ET Company Participants Joey Delahoussaye – Core IR Tom Wittenschlaeger – Chief Executive Officer Dave Hollingsworth – Chief Financial Officer Conference Call Participants Brian Lantier – Zacks Small-Cap Research Operator Ladies and gentlemen, thank you for standing by. Good morning, and welcome…
Rockwool A/S (OTCPK:RKWBF) Q3 2023 Earnings Call Transcript November 23, 2023 5:00 AM ET Company Participants Thomas Harder – Director, Group Treasury & IR Jens Birgersson – President and CEO Kim Andersen – CFO Conference Call Participants Brijesh Siya – HSBC Kristian Tornoe – SEB George Speak – BNP Paribas Exane Yuri Serov – Redburn…
Kyber Network has asked all of its users to promptly withdraw all their funds without clicking on any suspicious links or DMs. KyberSwap, a decentralized exchange (DEX) protocol, has reportedly experienced a $47 million exploit, based on on-chain data. The funds were associated with its Elastic Pools liquidity solution. Unexpectedly, funds from wallets linked to…
PM Images We all want our portfolio to perform well, but how? Detect losers and find winners with the dividend triangle. It’s an easy way to understand why stocks underperform and detect other risks in your portfolio, like dividend traps or potential dividend cutters. The dividend triangle also proves invaluable to find strong dividend growers…
The UK government appears to be intent on expanding digital assets throughout the nation. To this effect, it now looks forward to passing legislation to implement the Digital Securities Sandbox (DSS). Recent efforts by the United Kingdom (UK) suggest that the nation may be looking to expand its digital assets sector. This follows the news…
D-Keine It has been an eventful two months since I last updated Unity Software Inc. (NYSE:U) investors in mid-September. The debacle surrounding the company’s disastrous launch of its runtime fee led to the departure of its ex-CEO, John Riccitiello, from all leadership roles. The new team, under the leadership of Interim CEO James M. Whitehurst,…
Polygon will help Lugano achieve its goals by providing rails to facilitate some of the transactions. Lugano, one of the most popular tourist destinations in Switzerland, has embraced the Polygon network, a Layer 2 scaling solution built on the Ethereum ecosystem to accelerate its crypto evolution. In an announcement on November 22, Polygon said the…
Fidelis Insurance Holdings Limited (NYSE:FIHL) Q3 2023 Earnings Call Transcript November 21, 2023 8:00 AM ET Company Participants Jillian Benson – Group Head of Reporting Daniel Burrows – Chief Executive Officer Richard Brindle – CEO and Chairman of Fidelis MGU Allan Decleir – Chief Financial Officer Conference Call Participants Matt Carletti – JMP Meyer Shields…
Alchemy Pay is continuing its expansion in the United States and has now gotten a money transfer license in Iowa. Crypto-fiat payment gateway Alchemy Pay has acquired a money services license in Iowa as part of plans to expand extensively into the United States. The acquisition of a license is in compliance with local state…
Wirestock/iStock via Getty Images Introduction Workday (NASDAQ:WDAY) is going to report Q3 ’24 earnings on the 28th of November ’23 after market close. I wanted to cover what the company is expecting to do in the quarter, give my thoughts on what I would like to see from the company, and some comments on the…
The new measures will be rolled out in phases, beginning in mid-2024. One of the incoming rules will ban the use of locally issued credit cards to purchase cryptocurrencies. In a bid to safeguard retail investors amidst the growing number of individuals engaging in digital asset usage, Singapore has taken steps to tighten crypto regulations….
Kirpal Kooner When it comes to residential REITs, one prospect that investors should not pass up looking into is Mid-America Apartment Communities (NYSE:MAA). As its name suggests, the company focuses on acquiring and renting out apartments. Given the large percentage of Americans who rent instead of own, and because of the rising cost of home…
Comparisons between the market capitalization of Bitcoin and publicly traded companies used to make me wince in frustration. Trying to contrast the world’s first successful digitally native currency to a single industry is narrow minded, let alone a single company. However, as I continuously surrender to the process of meeting people where they are on…
A woman holds a shopping bag in one hand and a credit/debit card in the other. Wpadington/iStock via Getty Images As I’m writing this article, it’s hard to believe that it is already the day before Thanksgiving. You know what that means. Before you know it, it’ll be time to meet up with your family….
Critics have expressed concerns about the inherent risks of Blast’s model, particularly the practice of staking on the liquid-staking protocol Lido in exchange for Blast points Despite some skepticism from the crypto community, Blast, an Ethereum Layer-2 blockchain set to be live in March, has successfully garnered over $301 million in staked Ethereum (stETH) and…
sanfel Introduction LGI Homes, Inc (NASDAQ:LGIH) gained 6.3% after reporting earnings the morning of October 31. The timing was fortuitous. The good news of a return to pre-pandemic margin levels coincided with the beginning of the period of seasonal strength for the stocks of home builders which in turn is riding the coattails of a…
Rinsch is now asking for an additional $14 million, claiming Netflix owes him the money despite not submitting any completed episodes. A Hollywood movie director is making the news for receiving millions of dollars to fund a project that may never see the light of day, and using the show’s budget to invest in Dogecoin…
da-kuk Investment overview The central point of an investment analysis into Varonis Systems (NASDAQ:VRNS) is its transition into a SaaS model. While this transition is a growth tailwind in the near term, it has long-term benefits as it drives higher contribution margins and shorter sales cycles. In other words, I view the SaaS model as…
Grayscale officials had previously met with the US SEC representatives to the division of trading and markets to discuss the proposed rule to list and trade GBTC under NYSE Arca. After the United States Department of Treasury purged Binance Holdings Ltd’s operations in the country, the pathway for spot Bitcoin exchange-traded funds (ETFs) was clear….
ucpage Latham Group, Inc. (NASDAQ:SWIM) has corrected more than 30% since I last wrote about it. In my last report, I said that SWIM looks weak and is overvalued. I still stand by my stance, and even after such a correction, I don’t think it would be worth investing in. Its technical and financials look…
The Bank of Korea will be looking to use the pilot stage of its CBDC to determine things such as acceptability and ease of use. South Korea, through its apex bank – The Bank of Korea (BOK) – has revealed its plans to begin testing its central bank digital currency (CBDC) in 2024. A local…
SimonSkafar I am excited to dive into NVR, Inc. (NYSE:NVR) – the largest homebuilder on the US East Coast and the fourth largest nationally, with a $20B market cap. It fits the Sleep Well Investments mold with anti-fragile attributes that have generated profit every year since 1993 – no peers have managed this – and…
Raiffeisen Bank will first roll out the services to small-scale customers who can invest as little as one euro in the country’s capital city of Vienna and the historic headquarters of the 97-year-old bank where most residents live. Austria’s financial landscape is gearing up for a major transformation as Raiffeisen Bank International announces the launch…
Michael M. Santiago Thesis The Walt Disney Company (NYSE:DIS), is an American multinational mass media and entertainment conglomerate headquartered in Burbank, California. It is one of the largest producers of animated movies, accounting for 26% of box office revenues in the United States and Canada. The company has 46.5 million subscribers to its Disney+ Streaming…
Belgrade, the capital of Serbia, welcomes the inception of HUB21, a pioneering non-profit association dedicated to education, fostering research, and creating networking avenues within the global Bitcoin design and development ecosystem, according to a press release sent to Bitcoin Magazine. The association’s launch aims to bridge the gap in understanding and participation in Bitcoin within…
Marvin Samuel Tolentino Pineda/iStock via Getty Images Emergent BioSolutions (NYSE:EBS) produces NARCAN, the infamous nasal spray used to treat opioid overdoses, in addition to some other products and live vaccines with substantial but lumpy US Government demand. While multiples on guidance are not too high, lumpy economics and periodic cash burn are an issue, as…
Alfonso Gómez, CEO of BBVA Switzerland, believes the collaboration with Ripple will keep the two firms ahead of the market. BBVA Switzerland has expanded its strategic partnership with Ripple-owned Metaco. Metaco made the announcement on Wednesday via social media. Per the announcement, BBVA Switzerland successfully migrated its digital asset operations to Metaco’s custody platform, Harmonize….
GMVozd Co-authored by Treading Softly. It’s Thanksgiving in the United States today! Many of us will be coming together with family and friends to spend some much-needed quality time – maybe eat a little too much food as well. In my house, we celebrate Thanksgiving twice a year. This is my second! As a Canadian…
Zhao’s guilty plea stems from accusations that Binance violated the Bank Secrecy Act by knowingly allowing US customers on the platform without conducting proper KYC and AML checks. In a recent development in the legal saga surrounding Binance Holdings Ltd‘s former CEO Changpeng ‘CZ’ Zhao, prosecutors are intensifying efforts to keep him within the United…
maiteali/E+ via Getty Images Nobody thinks of Thanksgiving here in the United States and expects to be healthy. At least nobody that I know of associates the two together. Maybe you run with a more mature crowd than I do. Thanksgiving tends to be a time of intense feasting: thick carvings of turkey with sides…
Market experts are convinced the settlement between Binance and the US government is a bullish event for Bitcoin and the altcoin industry with spot ETFs anticipated anytime soon. The forced stepping down of former Binance Holdings Ltd CEO Changpeng Zhao which accompanied a $4.3 billion fine among other settlement agreements, has turned out to be…
J. Michael Jones Investment thesis Our current investment thesis is: Winmark is an incredibly attractive niche. Management has positioned its business model to reduce risk and maximize cash returns, which has allowed for an EBITDA-M of 65%. We believe its financial performance is sustainable, with reasonable growth ahead as new franchisees sign up and retention…
Bitcoin price has already bottomed out from the 2022 crypto bear market with about 137.1k BTC left to mine until the fourth halving event in early 2024. It is expected that approximately 150 days are left until the next halving. The much-awaited Bitcoin (BTC) parabolic rally beyond its all-time high (ATH) will happen after April…
courtneyk/E+ via Getty Images Introduction Davide Campari-Milano N.V. (OTCPK:DVCMY) is an international drinks company known for its iconic brands: Campari, Aperol and Sky Vodka. I have been following Campari as an analyst for several years, and it’s my favorite in the beverage sector. The company still has a modest market value of 12.14 billion EUR…
These consecutive crypto breaches highlight the urgent need for enhanced security measures within the crypto ecosystem. In the past 172 days, the crypto space has witnessed a staggering wave of cyberattacks resulting in the theft of over $500 million. This alarming trend highlights the vulnerabilities in the security infrastructure of various crypto platforms. Let’s delve…
RapidEye I have to confess that between my husband and me, we are not very “street smart” when it comes to raising teenagers. I’m embarrassed to admit that we didn’t realize our 17-year-old daughter was hosting a party in our basement until the next morning when our doorbell camera revealed a steady stream of late-night…
tadamichi Introduction Ever since the Simplify Volatility Premium ETF (NYSEARCA:SVOL) entered the market, retail investors have had access to a strategy traditionally reserved for sophisticated options and futures traders, commodities trading advisers (CTAs), and hedge funds: short volatility. SVOL is actively managed and typically provides exposure ranging from 0.2x to 0.3x short the VIX. This…
X Financial (NYSE:XYF) Q3 2023 Results Conference Call November 22, 2023 9:00 PM ET Company Participants Victoria Yu – Investor Relations Kan Li – President, Chief Risk Officer & Director Frank Fuya Zheng – Chief Financial Officer Operator Hello, and welcome to the X Financial Third Quarter 2023 Earnings Conference Call. All participants will be…
mphillips007 Martin Wolf, writer for the Financial Times, has warned us: “Painful fiscal choices seem to lie ahead.” Public debt has reached high levels when compared with the past. Mr. Wolf reports that the IMF has shown that in 2023 the ratio of public debt in high-income countries reached 112 percent. This is down from…
tadamichi Not all bonds can be called fixed income. Floating rate bonds have been beneficiaries of rate hikes given how interest payments adjust. That’s what’s made the iShares Floating Rate Bond ETF (BATS:FLOT) an interesting bond play over the last two years. FLOT is a fund that provides exposure to U.S. dollar-denominated, investment-grade floating rate…
Daniel Grizelj Investment Thesis In my opinion, Bristol-Myers Squibb (NYSE:BMY) stands at a critical juncture. My forthcoming analysis contends that the company’s valuation and future market position may be at risk due to the looming patent expirations of its blockbuster drugs. I aim to dissect the potential impact of these expirations on BMY’s revenue and…
PhonlamaiPhoto In my last post, I initiated coverage of Algoma Steel (NASDAQ:ASTL), explaining my reasoning that through Algoma Steel’s current cost model with its Basic Oxygen Furnace, it is fundamentally undervalued by the market. Along with its current production output, due to its ongoing Plate Mill Modernization efforts and its transition to Electric Arc Furnace,…
Zerbor/iStock via Getty Images By James T. Tierney, Jr. Recent labor agreements in the auto and airline industries spotlight the profitability conundrum facing US companies – and equity investors. Pricing power and cost containment are essential ingredients for companies looking to expand profit margins. We’ve seen this clearly in 2023, when some of the best-performing…