wildpixel Thesis overview Karyopharm’s (NASDAQ:KPTI) lead candidate is selinexor, which has a novel mechanism of action. It acts as a selective inhibitor of nuclear export by binding to exporting 1 (XPO1). KPTI has been the leader in targeting this pathway and has successfully developed selinexor, with 3 approvals so far; in penta-refractory multiple myeloma, in…
urbazon In his early days as a value investor, Warren Buffett utilized a cigar butt style of investing that he learned by studying Benjamin Graham and other investment greats. This manner of investing focuses on companies that have real fundamental issues but that the market misjudges the potential of even with all the pain that…
Eric Francis The investment world recently bid farewell to Charlie Munger, Warren Buffett’s trusted business partner at Berkshire Hathaway Inc. (BRK.A, BRK.B) and one of the greatest investors of all time. Munger, who died just a month shy of his 100th birthday, leaves behind a legacy of investment wisdom and a very impressive investing track…
Justin Sullivan Colgate-Palmolive Company (NYSE:CL) continues to offer a wide array of products for the home and personal care space. This diversification insulates Colgate from the consumer spending decline that has been seen in other industries in the current economic environment. The stability of Colgate makes for a very attractive stock in these times of…
The revised proposal allows the ETF to utilize both in-kind and cash mechanisms. The ETF plans to store Bitcoin in cold storage, with custody services provided by Coinbase Custody Trust. Franklin Templeton has submitted an updated S-1 filing to the Securities and Exchange Commission (SEC), seeking approval for the launch of a Bitcoin exchange-traded fund…
takasuu/iStock via Getty Images Thesis We keep reminding our readers – and ourselves – that in investing, avoiding losses is more important than achieving gains (even though the latter always FEELs better). The reason is a simple math fact – because compounding is mathematically asymmetric. A 10% loss requires more than a 10% gain to…
The investment round was accompanied by the launch of Wormhole Labs, an independent technology company “emerging from stealth to become a core contributor to Wormhole.” Wormhole, a blockchain protocol designed to address the interoperability challenges of pioneer blockchain networks such as Bitcoin and Ethereum, has secured $225 million in funding, propelling the company’s total valuation…
Bet_Noire The Calamos Strategic Total Return Fund (NASDAQ:CSQ) is a closed-end fund aka CEF that can be employed by those investors who are seeking a high level of current income from the assets in their portfolios and are unwilling to sacrifice the upside potential of common equity in exchange for income. This is something that…
Aside from his involvement with OCEAN, Dorsey has supported many other blockchain projects with strong potential to benefit the crypto space. Wyoming-based software development company Mummolin has raised $6.2 million in an investment round led by Jack Dorsey, an American internet entrepreneur and billionaire CEO of the financial services company Block, for the launch of…
jhorrocks Before the market opens on December 5, the management team at Hovnanian Enterprises, Inc. (NYSE:HOV) is expected to announce financial results covering the final quarter of the company’s 2023 fiscal year. For those who don’t know, Hovnanian Enterprises focuses on the production and sale of single-family detached homes, attached townhomes, condominiums, and other similar…
Unchained, a prominent Bitcoin financial services provider, released a new report today showcasing an interesting surge in bitcoin ownership among Americans. According to their findings, a one in four Americans and 55% of surveyed investors, defined by Unchained as those with at least one investment account between the ages of 18 and 78, own bitcoin. The…
Western Digital Corporation (NASDAQ:WDC) UBS Global Technology Conference November 29, 2023 1:35 PM ET Company Participants Wissam Jabre – Chief Financial Officer David Goeckeler – Chief Executive Officer Conference Call Participants Timothy Arcuri – UBS Timothy Arcuri Good afternoon. Actually, it’s probably still morning, but good morning. I’m Tim Arcuri. I’m the semiconductor analyst here…
The new partnership with Taurus suggests that Banco Santander anticipates a greater role for crypto in traditional finance. Spanish banking giant Banco Santander is partnering with cryptocurrency asset management platform Taurus to offer its customers custodial services for their digital assets. Banco Santander recently emerged as the only Spanish bank to appear on the 2023…
Orbon Alija Azul (NYSE:AZUL) is one of the two Brazilian pure-play domestic airlines, with Gol (GOL) and LATAM (OTCPK:LTMAY). I have covered Azul a few times already (January 2023, August 2022, December 2021). Generally, my take has been negative, given the difficulties of running an airline profitably and the company’s high leverage. In this article,…
The Polygon community is looking forward to several community updates announced for this year, beginning with the Connect event in India. Polygon cofounder Sandeep Nailwal has shared a few updates the Polygon community should expect as the year comes to an end. In a post on X (formerly Twitter), Nailwal promised the community “exciting days ahead”….
Scharvik/iStock via Getty Images Note: All amounts discussed are in Canadian dollars. All quotes and prices refer to the TSX. On our last coverage of NorthWest Healthcare Properties Real Estate Investment Trust (TSX:NWH.UN:CA) (OTC:NWHUF) we upgraded the beleaguered REIT from a “Sell”, while noting that the upgrade only meant that the downside risks had reduced,…
When TinyTap introduced the concept of Publisher NFTs, it aimed to use it to support content creators in the line of education and publishing. Animoca Brands announced that Season 2 of its Publisher NFTs surpassed all expectations, having already sold out. It shared this in a recent announcement, revealing that the sale of all 720…
Addex Therapeutics Ltd. (NASDAQ:ADXN) Q3 2023 Earnings Conference Call November 29, 2023 10:00 AM ET Company Participants Tim Dyer – Chief Executive Officer Robert Lutjens – Head of Discovery-Biology Mikhail Kalinichev – Head of Translational Science Conference Call Participants Operator Good day and thank you for standing by. Welcome to the Addex Therapeutics Third Quarter…
FutureBit, a renowned innovator in consumer-centric Bitcoin products, today announced the Apollo II, a revolutionary personal home mining device. This new launch marks a significant stride in FutureBit’s journey to introduce efficient, potent, and user-friendly mining products for household use. The Apollo II is a fusion of the latest 5nm ASIC technology and a modern,…
gorodenkoff Investment Thesis Veeva Systems Inc. (NYSE:VEEV) stock is well-placed with lower expectations, as it heads to report its fiscal Q3 2024 results, expected post-market on Wednesday 6 December 2023. I now believe that this is a good entry point for investors to start averaging into their holding of Veeva. For a long time, as…
Botanix Labs has officially launched the first-ever fully decentralized Ethereum Virtual Machine (EVM) equivalent Layer 2 on Bitcoin, according to a press release sent to Bitcoin Magazine. This represents over a year of dedicated research and development by the team, with a focus on enhancing user experience. “We want to make it as easy as possible to…
Vestis Corporation (NYSE:VSTS) Q4 2023 Results Conference Call November 29, 2023 9:00 AM ET Company Participants Valerie Haertel – VP, IR Kim Scott – President, CEO Rick Dillon – CFO Conference Call Participants Stephanie Moore – Jefferies Andrew Steinerman – JP Morgan Andy Wittmann – Baird Shlomo Rosenbaum – Stifel Ronan Kennedy – Barclays Operator…
The recent decision by Wallet of Satoshi to stop serving customers in the United States brings us to a crossroads in the evolution of Lightning’s use as a consumer tool. While it is trusted and custodial, Wallet of Satoshi has been invaluable in giving casual users a functional and reliable tool for small value payments…
Klaus Vedfelt/DigitalVision via Getty Images Investment Overview – From IPO To Present Day – Revance Fights For Approval Of Frown Line Injection Ever since its initial public offering (“IPO”) in 2014, which raised ~$96m via the issuance of ~6m shares priced at $16 per share, to fund development of botulinum toxin products for use in…
Saturn, a non-custodial peer-to-peer orderbook for satoshis, has successfully concluded its pre-seed funding round, securing over $500,000 in investments, according to a press release sent to Bitcoin Magazine. This raise was accomplished under the leadership of venture capital firm Big Brain Holdings, alongside the valued participation from UTXO Management, Kelsier Ventures, BOOGLE Syndicate, and various strategic…
Hormel Foods Corporation (NYSE:HRL) Q4 2023 Earnings Conference Call November 29, 2023 9:00 AM ET Company Participants David Dahlstrom – Director of Investor Relations Jim Snee – Chairman of the Board, President and Chief Executive Officer Jacinth Smiley – Executive Vice President and Chief Financial Officer Deanna Brady – Executive Vice President, Retail Conference Call…
Reddit initially filed for an IPO in December 2021 and was expected to make its public debut the following March. For the umpteenth time, the popular social media platform Reddit is reportedly getting set to make its public debut. This follows after a recent Bloomberg report confirmed that the firm has made reasonable progress in…
Dollar Tree, Inc. (NASDAQ:DLTR) Q3 2023 Earnings Call Transcript November 29, 2023 8:00 AM ET Company Participants Bob LaFleur – SVP, IR Rick Dreiling – Chairman and CEO Jeff Davis – CFO Conference Call Participants Michael Lasser – UBS Simeon Gutman – Morgan Stanley Paul Lejuez – Citi Edward Kelly – Wells Fargo John Heinbockel…
The Forbes Under 30 List, including all categories and individual profiles are available on the Ethereum blockchain for permanence. Forbes has announced the launch of its annual Under 30 list on the Ethereum blockchain. The announcement represents news of the first time a publication like this is launching on the blockchain and is a pointer to the…
DNY59 Introduction The Vanguard High Dividend Yield ETF (NYSEARCA:VYM) and the Vanguard Value ETF (NYSEARCA:VTV) have nearly $200 billion in combined assets under management and purport to follow different strategies. Earlier this year, I covered VYM here and VTV here, concluding that both were solid funds despite a relatively poor start to the year. However,…
The Blast Mainnet is scheduled to go live on February 24, 2024, enabling withdrawals and allowing users to redeem their Blast Points for actual rewards starting from May 24 next year. Recently launched Ethereum (ETH) Layer-2 blockchain Blast has earned itself some popularity in the last few days, although a significant portion of this fame…
CNFinance Holdings Limited (NYSE:CNF) Q3 2023 Earnings Conference Call November 29, 2023 8:00 AM ET Company Participants Jun Qian – Director and Vice President Jing Li – Acting Chief Financial Officer, Assistant President Conference Call Participants William Gregozeski – Greenridge Global Operator Good day, and welcome to the CNFinance Holdings Limited Third Quarter of 2023…
Even though Binance acts as an approved broker in some places overseas, it still has to meet many legal requirements to handle securities activities in the Philippines under the country’s Securities Regulation Code. The Philippine Securities and Exchange Commission (SEC) has greatly increased its regulatory fight against the global crypto trading giant Binance. The SEC…
Roblox Developer Conference. They are here to replace us. Ian Tuttle Bouncing Off The Post-Pandemic Lull Roblox Corporation (NYSE:RBLX) saw furious triple-digit growth during the pandemic, and paid for it with a slow 2022, but are now back to around 20% growth. User and revenue conversion metrics remain strong. Their big surge of R&D and…
This article is featured in Bitcoin Magazine’s “The Primary Issue”. Click here to get your Annual Bitcoin Magazine Subscription. Introduction Until this election cycle, Bitcoin has flown under the radar when it comes to the national political stage. For the first time in its history, Bitcoin is becoming a prominent issue for presidential candidates on…
Justin Sullivan Sneaker and athletic-wear retailer, Foot Locker (NYSE:FL), just reported Q3 results that came in above expectations. Prior to the release, shares in FL were down nearly 40% YTD. The stronger than expected showing in Q3 provided some reprieve to shares that have been under heavy pressure all year. In prior coverage following the…
Customers who have interacted with both Coinbase and Bybit reported receiving emails from Coinbase notifying them of the CFTC subpoena. Leading American cryptocurrency exchange Coinbase has issued warnings to an undisclosed number of users regarding a subpoena it received from the United States Commodity Futures Trading Commission (CFTC) about Bybit, another digital asset trading platform…
Monty Rakusen/DigitalVision via Getty Images Introduction In the high-stakes arena of aerospace manufacturing, Spirit AeroSystems (NYSE:SPR) stands as a case study in navigating complex financial and operational challenges. As we dissect Spirit AeroSystems’ financial statements, a picture of a company at a crossroads emerges. The erosion of gross profit margins, a balance sheet reflecting a…
The plaintiffs, Michael Sizemore, Mikey Vongdara, and Gordon Lewis, argue that Ronaldo actively took part in endorsing financial products on Binance, which should have been registered with regulators. Football icon Cristiano Ronaldo is facing a new legal battle, which started this week, as he has been accused of improperly promoting the cryptocurrency exchange Binance. A…
ventdusud/iStock via Getty Images The last few days have been very interesting for shareholders of Vista Outdoor (NYSE:VSTO). Those who follow my work closely might recall that I wrote a bullish article about the company in the middle of October. That article was in response to shares plunging almost 24% after management announced that they…
Moussa81 Several members have asked for an update about what’s going on with dividend stocks, particularly the aristocrats. Here is what they mean. Dividend Aristocrats Vs. S&P Over Time Year Aristocrats Returns Aristocrats Cumulative Returns S&P 500 Total Returns S&P Cumulative Returns 1990 5.70% 105.70% -3.2% 96.8% 1991 38.50% 146.4% 30.4% 126.2% 1992 10.10% 161.2%…
Starship enjoy access to a fundraising toolkit necessary for getting investments from venture capital firms and other supporters. Starship, a community-based platform for builders to raise funds, has just launched. In addition to helping with fundraising, Starship will also function as a platform that helps builders with other professional needs. Some of these needs may…
Charday Penn/iStock via Getty Images Lancaster Colony Corporation (NASDAQ:LANC) produces and sells food products. The company divides its sales into retail and foodservice sales channels, both of which contribute almost equally to revenues. The retail sales are further divided into segments – Shelf-Stable Dressings, Sauces & Croutons with 44% of retail revenues, Frozen Breads with…
According to the announcement, the inaugural CF ETH Staking Reward Rate will have four initial SSP contributors which include Kiln, Staked, Figment, and Blockdaemon. In response to the growing demand for a reliable and daily realized Ethereum (ETH) staking reward rate, CF Benchmarks has unveiled the CF ETH Staking Reward Rate (ETH_SRR). This marks the…
David Ramos As Hong Kong’s stock market looks set to fall for a fourth consecutive year, blue chip smartphone maker Xiaomi Corp. (OTCPK:XIACF) (OTCPK:XIACY) (1810.HK) stands out as a bright spot in an otherwise bleak setting. While most companies have fallen this year, Xiaomi’s shares are up more than 40% year-to-date as it gains market…
Bitcoin price is likely to push higher in December despite the regulatory pressure in the United States as the Fed struggles to lower inflation to 2 percent. The Bitcoin (BTC) narrative as a global reserve currency is fast catching up with poor monetary policies around the world. In the past 24 hours, Bitcoin price edged…
P_Wei Introduction Let’s start this article a bit differently. Below, you’re looking at six charts from the Harvard Mathematics Department. All of them are different varieties of exponential functions. Harvard Mathematics Department In finance, it’s all about exponential growth. After all, that’s how we all want to accumulate wealth: exponentially. 5% compounding interest on a…
In a significant development on Tuesday, November 28, Changpeng Zhao (CZ), the founder and former CEO of Binance, has decided to step down as chairman of the board for Binance’s US affiliate. Binance.US made this announcement through a tweet, clarifying that the US affiliate was not part of the recent substantial multibillion-dollar settlement between Binance…
JHVEPhoto/iStock Editorial via Getty Images Using our cash flow returns on investments based tool, Yum Brands (NYSE:YUM) appears prominently on our list as a high-quality, investment-grade company. Using a conventional valuation matrix as well as our DCF-based valuation tools, it could be undervalued by as much as 24%. It is a stable value compounder moderately…
Berkshire Hathaway acknowledged the notable contribution and announced that Charlie’s family would handle all the affairs pursuant to his instructions. Titan investor and billionaire Charlie Munger has died at the age of 99 according to an official report from Berkshire Hathaway Inc Cl B (NYSE: BRK.B) on Tuesday. The famed businessman, who was the vice chairman…