US senator Ted Cruz has officially begun accepting Bitcoin for his senate campaign donations, according to his official website, with Bitcoin payments firm OpenNode facilitating the transactions. Payments to the campaign can either be made on-chain or via lightning network transactions. Bitcoin Campaign Donations Accepted Ted Cruz for Senate Cruz has been a very vocal proponent of Bitcoin…
Justin Sullivan Summary Pinterest, Inc. (NYSE:PINS) is a visual discovery and bookmarking platform that allows users to explore, save, and categorize images and ideas on virtual pinboards. Catering to both individuals seeking inspiration and businesses aiming to reach a targeted audience, PINS bridges the gap between discovery and action. Users can find ideas on everything…
Generac Holdings Inc. (NYSE:GNRC) Q3 2023 Earnings Conference Call November 1, 2023 10:00 AM ET Company Participants Kris Rosemann – Senior Manager, Corporate Development and Investor Relations Aaron Jagdfeld – President and Chief Executive Officer York Ragen – Chief Financial Officer Conference Call Participants Tommy Moll – Stephens Inc Christopher Glynn – Oppenheimer Mark Strouse…
Kadant Inc. (NYSE:KAI) Q3 2023 Earnings Call Transcript November 1, 2023 11:00 AM ET Company Participants Michael McKenney – Executive Vice President and Chief Financial Officer Jeffrey Powell – President and Chief Executive Officer Conference Call Participants Gary Prestopino – Barrington Research Associates, Inc. Lawrence De Maria – William Blair Aditya Madan – D.A. Davidson…
NNN REIT, Inc. (NYSE:NNN) Q3 2023 Results Conference Call November 1, 2023 10:30 AM ET Company Participants Stephen Horn – President and Chief Executive Officer Kevin Habicht – Executive Vice President and Chief Financial Officer Conference Call Participants Joshua Dennerlein – BofA Securities Ronald Kamdem – Morgan Stanley Eric Wolfe – Citi Spenser Allaway –…
The deployment brings DAS technology into play, which offers an innovative scaling approach. It allows blockchain nodes to verify data availability for specific blocks without the need to download the entire datase In the latest development, modular network Celestia successfully deployed its mainnet beta, known as “Lemon Mint”, which brings data availability sampling (DAS) technology…
sanfel The CY-Q3 Earnings Season for the restaurant sector has begun, and while it’s been a mixed start so far for casual dining with Dine Brands (DIN) disappointing, Brinker International (NYSE:EAT) was an exception. Not only did the company meet its expectations and enjoy its fourth consecutive quarter of outperformance vs. the industry at its…
The new developments come after a court-mandated phased liquidation process, enabling FTX to sell digital assets worth a total of $3 billion on a weekly basis. A flurry of activity in the crypto space last night grabbed the attention of industry watchers as the wallets associated with bankrupt crypto exchange FTX and its sister company…
Wingstop Inc. (NASDAQ:WING) Q3 2023 Earnings Conference Call November 1, 2023 10:00 AM ET Company Participants Alex Kaleida – Senior Vice President & Chief Financial Officer Michael Skipworth – President & Chief Executive Officer Conference Call Participants Pratik Patel – Barclays David Tarantino – Baird Sara Senatore – Bank of America Andy Barish – Jefferies…
As a venture capitalist, I maintain a “token agnostic” stance. Because we invest at the early stages of a new technology’s development, we invest in equity rather than tokens, only receiving tokens on a pro-rata basis. We firmly believe that for a token to be valid, it should serve a crucial role; in essence, removing…
Superior Industries International, Inc. (NYSE:SUP) Q3 2023 Earnings Conference Call November 1, 2023 8:30 AM ET Company Participants Tim Trenary – Executive Vice President and Chief Financial Officer Majdi Abulaban – President and Chief Executive Officer Michael Dorah – Senior Vice President and President-North America Conference Call Participants Gary Prestopino – Barrington Research Michael Ward…
The market expects the UK’s apex bank to hold off on increasing or decreasing interest rates even as economic data is falling. The Bank of England (BoE) is expected to hold UK interest rates on Thursday due to recorded price pressures and a decline in economic activity. At the moment, the market is pricing a…
Zephyr18 The average home price in Canada ($757k) is about 141% higher than what is considered affordable for the average household income. In the highest-population areas, like the Greater Vancouver and Toronto Areas, where incomes and home prices are higher than the national average, the affordability numbers are much worse. Price-to-income ratios in the mid-west…
The partnership will allow Flare dApp developers to benefit from Elliptic’s real-time transaction screening and crypto wallet checks. Flare, a layer 1 EVM blockchain that provides developers with decentralized permission into data from various chains, and the internet, has announced that they are partnering with Elliptic, a global leader in crypto risk management. The collaboration…
PM Images The energy sector has continued to perform well in 2023, from upstream production to midstream operators. Enterprise Products Partners L.P. (NYSE:EPD) has followed the trend as units have increased 7.56% YTD. EPD’s Q3 results were a bit of a mixed bag as they beat top-line estimates by $370 million, delivering $12 billion in…
In conclusion of the inaugural Bitcoin Alpha Competition, Samara Alpha Management and Bitcoin Magazine Pro selected Animus Technologies, a Los Angeles-based digital assets fund, as the victor in what was a “breakthrough moment” for the fund manager. As winner of the competition, Animus was awarded $1 million in seed capital and access to Samara Alpha’s…
Match Group, Inc. (NASDAQ:MTCH) Q3 2023 Earnings Conference Call November 1, 2023 8:30 AM ET Company Participants Tanny Shelburne – Senior Vice President of Investor Relations Bernard Kim – Chief Executive Officer Gary Swidler – President and Chief Financial Officer Conference Call Participants John Blackledge – TD Cowen Shweta Khajuria – Evercore ISI Justin Patterson…
In addition to the Tangem Ring, Tangem will use the Cardano Summit 2023 as a platform to announce exciting details about Tangem Pay. The crypto industry is about to get a fashionable upgrade as Tangem, the pioneering blockchain hardware wallet manufacturer, unveils its latest creation, the Tangem Ring, at the annual Cardano Summit 2023 in…
Liudmila Chernetska Elevator Pitch My rating for RLX Technology Inc. (NYSE:RLX) stock is a sell. I previewed RLX’s second quarter financial results with my prior write-up published on August 4, 2023. The focus of the latest update for RLX is the read-throughs from its contract manufacturer’s most recent quarterly financial performance. The Q3 2023 results…
Recently in the news, a Pennsylvania Bill, the “Cryptocurrency Energy Conservation Act”, was stripped of language that would have created a 2 year moratorium on Bitcoin mining. The author of the bill, Rep. Greg Vitalli, cited staunch resistance to the moratorium stating “the strong opposition to sweeping changes to the state’s environmental laws is being…
Torsten Asmus Stocks rallied for a second day in a row to finish October with a third consecutive month of losses in what has been the longest losing streak since the pandemic. My sense is that the correction is now behind us, and we can look forward to a year-end recovery during what have historically…
Turkish Finance Minister noted that work related to the crypto assets regulations is the final outstanding matter in order to achieve full compliance with FATF standards. Turkey’s finance minister has revealed the country’s intentions to introduce new crypto regulations, aiming to secure removal from the Financial Action Task Force’s “grey list” of nations lacking sufficient…
imaginima The last time I wrote about Limbach Holdings (NASDAQ:LMB) was June 28, 2023, and since then my bullish call has held up well as far as I can see: Seeking Alpha, my previous call on LMB In the meantime, the company has reported its Q2 results and will also submit its Q3 report in…
The rise of TON began gaining momentum in September, coinciding with the introduction of the TON wallet within the Telegram messenger platform. The Open Network (TON) has taken the blockchain world by storm as it became the world’s fastest blockchain. With a remarkable achievement in speed during recent public testing, the TON development team reported…
show999 Investing in gas is still very much possible and one of the better options right now is The Williams Companies, Inc. (NYSE:WMB) a massive enterprise valued at over $42 billion. In most recent news the company managed to win a lawsuit of $495 million about a failed Energy Transfer deal. This is a short-term…
BitGo confirms that it is delighted that its efforts to secure the new license have finally paid off. Crypto custody firm BitGo is now fully licensed to carry out its custody business in Germany, according to a recent CoinDesk report. This follows after the United States-regulated firm recently secured the appropriate license from the German…
SweetBunFactory The chip packaging equipment maker’s profit nearly evaporated in the third quarter, marking its fifth consecutive quarter of declines. Leading Chinese chip packaging equipment maker ASMPT Ltd. (OTCPK:ASMVF)(OTCPK:ASMVY) [0522.HK] is getting caught in the latest downdraft sending a chill through the global chip sector after two bumper years during the pandemic. The company’s sales…
The AWS Blockchain Node Runners has so far integrated Ethereum (ETH) and Solana (SOL), thus making it a major step for the latter to become a Web 3.0 hub that supports scalable smart contracts. Solana (SOL), a leading smart contract blockchain with a smartphone in the market dubbed Saga mobile, has announced that infrastructure nodes…
Sundry Photography Investment thesis I wanted to take a look at Cloudflare (NYSE:NET) before it reports its Q3 earnings on the 2nd of November to see if the company is a good long-term investment. Upon further analysis of its financials, from a value perspective, the company is too risky and unpredictable, with stock-based compensation eating…
The creator of the second largest stablecoin USDC with a market cap of about $24.7 billion announced that it will support only business institutional accounts. In a strategic move to review its relations with customers, Circle, a leading and regulated stablecoin issuer, informed its individual account holders that they will not be serviced by the…
Shionogi & Co., Ltd. (OTCPK:SGIOF) Q2 2023 Earnings Conference Call October 31, 2023 9:30 PM ET Company Participants Yoshimasa Kyokawa – VP, Corporate Communications Isao Teshirogi – Representative Director, President and CEO Toshinobu Iwasaki – Senior Executive Officer, SVP, Healthcare Business Supervisory Unit and Pharmaceutical Commercial Division Koji Hanasaki – Senior Executive Officer, SVP, Supply…
The recently published Tether report for Q3 2023 show that the company’s cash reserves are healthy and secured loans have been reduced. Tether Holdings Limited, the company responsible for the world’s largest stablecoin by market cap, USDT, has published its attestation for Q3 of 2023. According to Tether, the attestation re-affirms that Tether’s Consolidated Reserves Report (CRR)…
Pakin Jarerndee/iStock via Getty Images Elevator Pitch Nerdy, Inc. (NYSE:NRDY) shares are still worthy of a Buy investment rating. My earlier August 22, 2023, write-up was focused on the analysis of NRDY’s above-expectations quarterly results, the changes in consensus financial forecasts, and key valuation metrics. In this latest article, I write about Nerdy’s long term…
As part of their collaboration, the companies plan to launch AI-powered copilots for industries such as manufacturing, infrastructure, transportation, and healthcare. German technology company Siemens AG has partnered with Microsoft Corporation (NASDAQ: MSFT) to introduce Siemens Industrial Copilot, a generative artificial intelligence (AI)-powered assistant. The AI assistant is designed to enhance human-machine collaboration and boost…
JJFarquitectos Unilever PLC (NYSE:UL) is a leading consumer staple. In terms of performance, Unilever’s 10 year performance hasn’t been all that great as the stock price is only modestly higher than where it was 10 years ago. Data by YCharts When factoring in the dividends, Unilever’s total return in the last 10 years has been…
Apart from Tongyi Qianwen 2.0, Alibaba has launched eight AI models for the entertainment, finance, healthcare, and legal industries. Among them is the GenAI Service Platform that allows companies to build their own generative AI applications, using their own data. Chinese giant Alibaba Group Holding Limited (NYSE: BABA) has released an upgraded version of Tongyi…
Fly View Productions 1st Source Corporation (NASDAQ:SRCE) is an excellent dividend compounder and announced record-breaking net income numbers in its most recent quarterly report. Despite this development, I give it a ‘Hold’ rating. This recommendation comes amid it trading substantially above its book value, management’s bleak future outlook, and the cyclical swings the financials sectors…
TonTectonix/iStock via Getty Images Camden Property Trust (NYSE:CPT) is in focus today. The REIT sustained a year-over-year drawdown of approximately 25%; however, as conveyed by the diagram below, most Seeking Alpha and Wall Street analysts are upbeat about its prospects. It is, therefore, an interesting discussion to partake in, given that most think an inflection…
Maksim Safaniuk/iStock Editorial via Getty Images Introduction Mapfre (OTCPK:MPFRF) (OTCPK:MPFRY) is a Spanish insurance company generating the majority of its net income from its LatAm division which also is a strong driver for growth. Additionally, the company continues to invest in its reinsurance division and noticed some strong results in the first nine months of…
Dilok Klaisataporn Aside from covering individual companies that qualify as long-term investments, I also look at the U.S. stock market (and economy) from time to time. And although the article was titled U.S. Stock Market: Staring Into The Abyss? I wrote: In my opinion it is possible to see an increase to 4,300 in the…
Justin Sullivan Investment Thesis: Profitability is Coming. Short Sellers Are Not Ready SoFi Technologies (NASDAQ:SOFI) delivered yet another strong quarter in Q3 2023, beating expectations and showing continued momentum across its business segments. The fintech company seems well on track to achieve GAAP profitability in Q4 2023, poking holes in the main bearish arguments about…
ThitareeSarmkasat By Ivan Castano At A Glance Equities, Agriculture, Energy, and several other markets are feeling the direct effects of higher interest rates. A high-rate environment mixed with fundamental and geopolitical risks has market participants focusing on risk management. “We’ve only had one thing to look at: interest rates.” That’s how Mark Connors, head of…
Dragon Claws ETF Overview The VanEck Agribusiness ETF (NYSEARCA:MOO) seeks to replicate the price and yield performance of the MVIS Global Agribusiness Index, which is intended to track the overall performance of companies involved in agri-chemicals, animal health and fertilizers, seeds and traits, from farm/irrigation equipment and farm machinery, aquaculture and fishing, livestock, cultivation and…
Justin Sullivan Amid extreme market volatility especially in small and mid-cap stocks over the past month, one thing rings true: investors have to be willing to constantly update their theses as different companies respond differently to macroeconomic conditions, and as valuations change. Being a committed bull or bear is only workable as long as our…
nemke/iStock via Getty Images While the short- to medium-term direction for the broader equity market appears to be very much uncertain, many investors may be looking for more defensive plays. With the Buffett Indicator still flashing overvalued, pivoting to defensive makes a lot of sense: Wilshire 5000 to GDP Ratio (Longtermtrends) In the quest to…
Hispanolistic Summary Readers may find my previous coverage via this link. My previous rating was a hold, as I believed Terex Corporation (NYSE:TEX) had reached my price target. I am revising my rating to buy after analyzing the business’s third quarter 2023 results, which indicate strong sales growth in the double-digit range. Furthermore, the company’s…
Jorge Aguado Martin Shares of Whirlpool (NYSE:WHR) plunged over 20% last week after releasing earnings on October 25th as the company lowered full year guidance with the latest results continuing to show weakness in a difficult economy. This latest plunge leaves Whirlpool trading at 6.4x forward P/E given management’s guidance of $16.00 for adjusted non-GAAP…
Lari Bat By Fawad Razaqzada The EUR/USD was up for the third consecutive day despite the release of even more disappointing Eurozone data. And unless it finishes today’s session back below 1.0570, some 100 pips from the current levels, the EUR/USD would also finish the month on a high, preventing a hat trick of negative…
Roman Tiraspolsky Hertz Global Holdings (NASDAQ:HTZ), one of the largest vehicle rental companies in the world, emerged from Chapter 11 bankruptcy in 2021. Hertz filed for bankruptcy protection in May 2020, after the Covid pandemic severely impacted its business and liquidity. However, with the help of its creditors, shareholders, and new investors, Hertz was able…
tum3123 By Liqian Ren Emerging markets (EM) have traditionally had higher interest rates than the U.S. While hedging can reduce risk, it also comes with a significant cost, diminishing the benefits a U.S. investor can reap from hedging. Consequently, we propose dynamic currency hedging in emerging market portfolios as a potential solution. This approach has…