coldsnowstorm This morning’s Consumer Price Index for November was mostly in line with expectations (although the headline reading was slightly higher than expected), and the lack of any meaningful surprises has allowed the market to continue with what has lately been the path of least resistance, which has been higher. The report also showed that…
Loop Media, Inc. (NYSE:LPTV) Q4 2023 Earnings Conference Call December 12, 2023 5:00 PM ET Company Participants Jon Niermann – Chief Executive Officer Neil Watanabe – Chief Financial Officer Conference Call Participants Darren Aftahi – ROTH MKM Eric Wolfe – B. Riley Securities David Marsh – Singular Research Operator Good afternoon, everyone, and thank you…
Vladimirovic Southwestern Energy Company (NYSE:SWN) may decide to reduce development activity in 2024 with natural gas strip prices (NG1:COM) plummeting. The current NYMEX gas strip for 2024 has fallen to around $2.50. If Southwestern attempts to keep production nearly flat in 2024 (at a 1% to 2% decline from 2023 levels), I estimate that it…
Jakraphong Pongpotganatam Small caps are where the money is to be made in investing. Having said that, you have to pick the right ones. Even if you do that, you still have to pick them at the right price. Insteel Industries (NYSE:IIIN) is a producer of steel rod products and similar goods intended primarily for…
akinbostanci Introduction During my work as a financial adviser, I have run across hundreds of model portfolios from dozens of firms. I’ve used them with dozens of clients. I was never really satisfied with the end results, but didn’t have much better to offer them. This is the second model I am writing about. The…
PhonlamaiPhoto To be of good quality, you have to excuse yourself from the presence of shallow and callow minded individuals.”― Michael Bassey Johnson. Today, we put Squarespace, Inc. (NYSE:SQSP) in the spotlight. The stock has not yet lived up to the hyperbole that accompanied its public debut on the markets in the spring of 2021….
This article is featured in Bitcoin Magazine’s “The Primary Issue”. Click here to get your Annual Bitcoin Magazine Subscription. Click here to download a PDF of this article. Tuesday, August 29th @ 11:36 AM The following is an interview with Brian Consolvo, Principal–Technology Risk at KPMG. He is a co-author of KPMG’s new report “Bitcoin’s…
Edsel Querini Chile came out earlier this month with some rather underwhelming economic growth numbers – while up 0.3% YoY, GDP was sequentially down 0.1% on a month-on-month basis and below consensus expectations. Crucially for the iShares MSCI Chile ETF (BATS:ECH), a fund, directly and indirectly, levered to commodities, mining production was the key detractor,…
LifeJourneys/E+ via Getty Images Gold is an underrated asset. Gold also hit a new all-time high (“ATH”), recently surging to around $2,150. While the market may believe that current gold prices are unsustainable, the fundamental backdrop is highly favorable, and the yellow metal could go much higher. In addition to constructive fundamental factors, the technical…
Theo Wargo/Getty Images Entertainment Investment thesis My previous bullish thesis about Verizon (NYSE:VZ) aged exceptionally well as the stock rallied more than 17% over the last quarter, significantly outpacing the broader U.S. market. Although the company operates in a highly penetrated industry where rapid revenue growth is not expected, I consider the stock to be…
Sundry Photography MongoDB (NASDAQ:MDB), a company that runs a database under the same name, became one of the more exciting cloud investments in 2023 once investors worked out that it could be a prime beneficiary of companies’ increasing development of generative Artificial Intelligence (“AI”) applications, which require a secure, scalable database capable of quickly accessing…
RichVintage/E+ via Getty Images Liberty SiriusXM and SiriusXM agree to merge As widely expected (and for far too long), The Liberty SiriusXM Group (NASDAQ:LSXMA) (NASDAQ:LSXMK) (NASDAQ:LSXMB) and Sirius XM Holdings Inc. (NASDAQ:SIRI) have finally agreed to merge. This means about nine months from now Liberty SiriusXM shareholders will receive approximately 8.4 shares of the new…
Ever since the infamous Taproot Wizard 4mb block bitcoiners have been alight, fighting to try and stop inscriptions. Inscriptions are definitely not good for bitcoin, but how bitcoiners are trying to stop them will be far worse than any damage inscriptions could have ever caused. Inscriptions work by embedding images or other data into the…
wellesenterprises Article Thesis Oracle Corporation (NYSE:ORCL) has announced its most recent quarterly earnings results on Monday, and the market reacted very negatively to these results on Tuesday, with shares slumping by more than 10%. Considering the fact that the company outperformed profit estimates, that seems like an overreaction. With a reasonable valuation, Oracle looks solid…
Janina Steinmetz Investment overview My recommendation for Olo Inc. (NYSE:OLO) is a buy rating, as I believe it can continue to grow at the current low-20% rate given the strong secular tailwind, value proposition, and Olo Pay growth potential. The current valuation is also attractive, as it is near the lowest OLO has ever traded…
Binance says it has agreed to a robust monitorship for its compliance and sanctions control programs. Popular crypto exchange Binance has revealed that it has made significant progress with regulators. This follows after its recent run-in with regulatory bodies such as the US Securities and Exchange Commission (SEC) and the (CFTC). In a Tuesday blog…
LilliDay The probability the U.S. economy will experience an official period of recession sometime in the next twelve months continued to recede during the past six weeks. That probability now stands at 67%, which applies to the period from 11 December 2023 through 11 December 2024, which is to say there’s about a two out…
China plans to use a blockchain-based blockchain initiative to verify users’ identities as they access the internet. This is being pushed by the Ministry of Public Security and the Blockchain-based Service Network. As many of us know, China has a complex relationship with the blockchain and crypto space. On one hand, the country has banned…
Maximusnd In the past, I have been critical of the Cambria Tail Risk ETF (BATS:TAIL), as I noted the fund had failed to provide any downside protection during the 2022 equity bear market, losing 13% in 2022 despite the S&P 500 Index declining by 18%. However, with increasing signs of market complacency and a proliferation…
Latin America has identified that regulated, blockchain-based financial services will soon be the order of the day. The world of finance, as we have it today, has changed drastically, and stablecoins and tokenized data may be at the center of this change. So much so, that what used to be a difficult task for businesses…
SHansche I upgraded FLEX LNG Ltd. (NYSE:FLNG) back in September, noting that vessel values had increased and that it had solid visibility into earnings and cash flow given its contracts. With the company reporting its Q3 results last month, let’s catch up on the name. Company Profile As a reminder, FLNG owns and operates a…
According to the latest CPI data published by United States Bureau of Labor Statistics, the surge in consumer prices was propelled by various factors. The shelter index, for instance, continued its upward trend, effectively offsetting a decline in the gasoline index. The energy index, witnessing a 2.3% decrease, was notably impacted by a significant 6.0%…
TexBr Introduction Parex Resources (TSX:PXT:CA) (OTCPK:PARXF) was one of my favorite oil investments during the COVID crisis in 2020 when oil prices were exceptionally low. I argued the company’s extremely healthy cash balance would protect the company’s existence and allowed it to wait for better times. That indeed happened and although Parex has to be…
The newly launched ORBS guide on StakingRewards provides token holders access to robust analytics for optimizing staking strategies. The customizable dashboards offer at-a-glance visibility into key metrics. StakingRewards, a leading staking information platform, has published a comprehensive guide catering specifically to ORBS token holders interested in staking on the Orbs blockchain network. The newly released…
shih-wei The November CPI came in a touch hotter than expected at +0.1% month-over-month. Core inflation was right on the forecast at +0.3% compared to October. On a year-on-year basis, Headline CPI is now +3.1% while the ex-food and energy rate is +4.0%, unchanged from October – both matching economists’ expectations. The CPI figure itself…
I’ll start by making a statement that is probably already known to many, especially bitcoiners: money is a form of energy. We expend energy to do work. Then, an agreed-upon form of remuneration that is commensurate with the amount of work put in is earned. The energy spent on that endeavor has now been converted…
DAVIDsTEA, Inc. (DTEA) Q4 2023 Earnings Conference Call December 12, 2023 4:30 PM ET Company Participants Sarah Segal – CEO and Chief Brand Officer Frank Zitella – President, CFO and COO Conference Call Participants Operator Good morning, ladies and gentlemen. Welcome to DAVIDsTEA’s Third Quarter Earnings Webcast for fiscal 2023. Today’s webcast is being recorded…
As the SEC engages in detailed discussions with investment giants like BlackRock and Fidelity, the potential approval of a spot Bitcoin ETF seems to be moving closer to reality. The crypto market is abuzz following recent revelation that the Securities and Exchange Commission (SEC) engaged in discussions with major investment firms BlackRock Inc (NYSE: BLK)…
Eric Mischke We’re maintaining our hold-rating on Oracle (NYSE:ORCL). Consistent with our expectations during our downgrade in mid-October, ORCL is struggling to boost top-line growth. 2Q24 top-line missed consensus estimates as its Cloud Services sales were not enough to offset its muted services and the deceleration in its Cloud and On-Premise licenses sales. We think…
Several companies are anticipating the changes expected from the Bitcoin halving next year and have pumped in more mining investments. The Bitcoin mining industry has consistently picked up steam over the last few months. According to a report from Bitcoin mining consultancy and PR firm BlocksBridge Consulting, Bitcoin miner investment commitments have crossed $1.2 billion…
Ibrutinib, the BTK inhibitor which Corvus CEO Richard Miller was able to sell to AbbVie in 2015 while CEO of Pharmacyclics. ollaweila We first heard the name Corvus Pharmaceuticals (NASDAQ:CRVS) in a text message from Derek’s dad, asking our opinion on them. A cursory review of their company materials led us to conclude they were,…
While Cathie Wood has been aggressively selling off her investments in crypto firms, she’s making fresh bets in the AI space acquiring shares of top tech companies like Microsoft and Meta. Cathie Wood’s Ark Invest has been doing massive capital rotation by offloading its crypto investments and eyeing a push into AI. Ark Invest executed…
bjdlzx It is often stated that imitation is the sincerest form of flattery. If that is the case, then in the business world, that flattery is likely to result in a cost advantage to the company that went first. Today, Occidental Petroleum (OXY) made the headlines by grabbing the winning bid for some midland properties….
The number of daily transactions on the Litecoin network reached an all-time high of 1.09 million on November 14, surpassing even Bitcoin’s transaction count of around 523,284 at the same time. In a remarkable turn of events, the Litecoin (LTC) network has experienced an impressive surge in active addresses, achieving a new all-time high merely…
gopixa Introduction As one of the fastest growing economies in the world, China is too important to ignore, posing unique challenges for investors. In response to the Chinese government’s liberalisation of the Chinese capital markets, FTSE Russell added China A-shares to the FTSE Global Equity Index Series (GEIS) in June 2019, as part of a…
FTX’s legal team noted in the filing that paying the $24 billion could impede the repayment of funds to the exchange victims. Lawyers representing the bankrupt cryptocurrency exchange FTX have contested the United States Internal Revenue Service (IRS) claim of $24 billion in unpaid taxes. The attorneys insist that the IRS must substantiate its demands,…
Spauln Listen below or on the go on Apple Podcasts and Spotify Epic Games wins antitrust fight against Google (GOOG) (GOOGL) over app store monopoly. (00:23) Hasbro (HAS) to cut 900 jobs as it seeks to cut expenses. (01:51) Nokia (NOK) trims 2026 profit margin target after losing AT&T (T) contract. (02:37) This is an…
By securing outside funding support through the pioneering Volcano Bonds, El Salvador can continue progressing with Bitcoin integration across governmental services and society. El Salvador has successfully overcome a significant regulatory hurdle as it pursues the introduction of Bitcoin-backed sovereign debt instruments, referred to as “volcano bonds”. The nation’s Digital Assets Commission has provided the…
Shidlovski/iStock via Getty Images Hidden Treasure Taro Pharmaceutical Industries Ltd. (NYSE:TARO) is a lightly traded, Israel-based pharmaceutical firm. Taro specializes in researching and developing healthcare products and sells ingredients to other pharma companies. We believe Taro stock deserves a Buy assessment after considering its risks/rewards. Seeking Alpha’s Quant Rating is a Strong Buy with top…
The partnership between Immutable and Transak will grant all games built on the Immutable zkEVM access to Transak’s suite of products, enabling players to make seamless transactions across games and marketplaces. Web3 game development platform Immutable is set to integrate Transak into its gaming development infrastructure. The integration will make Transak the primary payment service…
champc Written by Nick Ackerman, co-produced by Stanford Chemist. The last time we touched on the Gabelli Convertible & Income Securities Fund (NYSE:GCV) was earlier this year in April. At that time, it was a recap to touch on how our prior idea of swapping GCV in favor of the Ellsworth Growth and Income Fund…
Senator Elizabeth Warren has been a vocal advocate for crypto regulation, consistently highlighting the risks posed by unchecked illegal activities. United States lawmakers, led by Democratic Senator Elizabeth Warren of Massachusetts, have announced an extended coalition of Senate support for the bipartisan Digital Asset Anti-Money Laundering (AML) Act in a new push for crypto regulation….
ryasick BlackRock Capital Investment (NASDAQ:BKCC) is a small BDC following a first lien strategy and the company’s portfolio has fundamentally improved in quality in the last several years. In September, the BDC announced the merger between BlackRock TCP Capital (TCPC) and BlackRock Capital which is set to a larger, better diversified portfolio that will follow…
Editor’s note: Seeking Alpha is proud to welcome JX Research 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 » wdstock Investment thesis I believe Build-A-Bear Workshop (NYSE:BBW) is…
_laurent Introduction It’s time to talk about a company I haven’t been able to add to my portfolio this year for two reasons. It did not offer a good buying opportunity recently, as it had a stellar performance in 2023. I haven’t figured out which stocks on my watchlist will become long-term members of my…
Seamless Protocol, a prominent project within Coinbase’s Base ecosystem, has launched its governance tokens for trading on the crypto exchange under the ticker SEAM starting at 18:00 UTC on Monday, December 11. As a leading lending and borrowing protocol on the layer-2 blockchain, Seamless boasts a substantial total value locked (TVL) exceeding $10 million. SEAM,…
Wirestock/iStock via Getty Images Intro We wrote about Twin Disc, Incorporated (NASDAQ:TWIN) in May of 2023 after the company’s Q3 results where strong double-digit increases were reported in the quarter. Furthermore, the ability to generate free cash flow in that quarter was replicated in Q4 of fiscal 2023 and Q1 of fiscal 2024. Internally generated…
The El Salvador Freedom Visa program opens the path to citizenship to 1000 crypto millionaires per year in a bid to build a stronger economy. Nearly three years after El Salvador made headlines by adopting Bitcoin (BTC) as legal tender alongside the United States dollar, the country has grown into a robust economic hub in…
Win McNamee/Getty Images News Gannett Co Inc (NYSE:GCI) has not proved a very good investment over the past few years as the company has struggled to adapt to a changing media landscape. While other Seeking Alpha analysts are current bullish on the stock, there are four reasons why I am currently cautious: 1. Q3 results…
The new Cardano Foundation-backed mobile wallet is interoperable with other blockchains and also prioritizes asset security and user privacy. Cardano (ADA) network, a leading smart contract-focused blockchain with more than $378 million in total value locked (TVL) in its decentralized financial (DeFi) protocols, has grown to a mature ecosystem despite the devastation of the 2022…