Wirestock The Apple Investment Thesis Data by YCharts Apple Inc. (NASDAQ:AAPL) had another fantastic year in terms of stock performance. But with the exception of a few minor bumps in the road, Apple shareholders have gotten used to it since the release of the first iPhone, as Apple has been one of the best-performing stocks…
Joe Raedle/Getty Images News Roughly eight months ago, Anheuser-Busch InBev SA/NV (BUD) found itself in a whirlwind of trouble amid backlash and boycotts surrounding its advertisement campaign. Of course, the boycott was limited mainly to Bud Light sales in North America, causing its overall revenue to decline by only around 3%, generally in line with…
champpixs The Defiance S&P 500 Enhanced Options Income ETF (NYSEARCA:JEPY) is a recently established actively managed ETF with an objective to deliver consistent and outsized monthly yield distributions coupled with equity market exposure to the S&P 500. Since the Fund was incorporated only a couple of months ago the history is not that deep, but…
ssstep There is a lot of hype about U.S. shale oil production going into year-end, and let me tell you like it is, it’s almost all fluff. HFIR Note: Figures following November do not include “transfers to crude oil supply.” Instead, it’s a more realistic reflection of U.S. oil production. Looking at our real-time tracker,…
DNY59 The baseline The market prediction for the end of 2024 is really a gameplan – or the strategy for how to play the stock market over the next 12 months. The starting point is recognizing what the baseline scenario is, according to consensus market expectations. Currently, the consensus market expectations are that: 1) the…
shapecharge A Quick Take On SEI Investments SEI Investments Company (NASDAQ:SEIC) provides a range of wealth management, advisory and related services to institutions and individuals. Top line revenue growth has been quite low for SEI Investments Company, with stable profits and very strong free cash flow. However, due to the currently elevated market valuation of…
imaginima Introduction The Houston-based EOG Resources, Inc. (EOG) announced its third quarter results on November 2, 2023, while Occidental Petroleum Corporation (OXY) released their Q3 on November 7, 2023. Note: I am a long-term EOG and OXY shareholder and have followed EOG and OXY on Seeking Alpha since 2016. As someone who invests in oil,…
OlenaMykhaylova The BlackRock Floating Rate Income Strategies Fund Inc (NYSE:FRA) is a closed-end fund, or CEF, that specializes in providing investors with a very high level of current income. The fund’s very attractive 11.97% yield stands as a testament to its success in this area, as that is easily enough for many retirees or other…
Winnebago Industries, Inc. (NYSE:WGO) Q1 2024 Results Conference Call December 20, 2023 10:00 AM ET Company Participants Ray Posadas – VP of IR and Market Intelligence Michael Happe – President and CEO Bryan Hughes – SVP and CFO Conference Call Participants Michael Swartz – Truist Securities Craig Kennison – Baird Bret Jordan – Jefferies Tristan…
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. “What luck for rulers that men do not think.” – Adolf Hitler Bitcoin will not kill the U.S. dollar. It will become the U.S. dollar, with all…
JHVEPhoto/iStock Editorial via Getty Images Shares of Extra Space Storage Inc. (NYSE:EXR) have had a booming rally over the past two months, rising about 50%, which has brought them back to the flatline over the past year with this rally unwinding what had been a significant weakness. While the company operates a very defensive business,…
SweetBunFactory Publicly listed thematic funds have been all the rage in recent years, helped by the outperformance of Ark’s group of actively managed ETFs. More recently, lower-cost, passively managed vehicles have emerged, offering investors access to a similar basket of stocks and, in some cases, even better performance for a fraction of the price. Within…
kschulze For several months, I noticed that building permits did not reflect the dour mood implied by the Housing Market Index (HMI) published by the National Association of Home Builders (NAHB). The HMI reflects builder sentiment and, until November’s 3-point rise, it declined sharply for four straight months. Yet, permits to build single-family housing rose…
TU IS Summary I’m following up on my coverage of Lumentum Holdings (NASDAQ:LITE), where I previously recommended a hold rating as the inventory situation did not see any improvements at all. Management comments back then were also painted with a very uncertain outlook. This post is to provide an update on my thoughts on the…
The launch of Immutable Passport comes shortly after the company introduced a new gaming solution that allows developers to build games that eliminate transaction fees. Blockchain gaming developer Immutable has announced the official release of its new wallet infrastructure, named Immutable Passport. In a recent announcement, the company revealed that Passport is an innovative universal…
Scott Olson Charlie Munger passed away at the end of November, just a month before what would have been his 100th birthday. The legend in the investing world, a billionaire through his own investments, worked with his partner Warren Buffett to build Berkshire Hathaway (BRK.A) (BRK.B) into one of the largest companies in the world….
According to Charles Gasparino of Fox Business, financial firms feel confident that the Securities and Exchange Commission (SEC) is going to rule in favor of approving spot Bitcoin Exchange-Traded Funds (ETFs) after January 8, 2024. Gasparino’s post also stated that shares the of Bitcoin ETFs will only be available to purchase with cash, rather than…
Alexander Shapovalov/iStock via Getty Images A Quick Take On Massimo Group Massimo Group, LLC (MAMO) has filed to raise $25 million in an IPO of its common stock, according to an SEC S-1 registration statement. The firm is a manufacturer of power sports vehicles and boats in the United States. MAMO has produced strong growth…
CryptoQuant says factors like the halving, ETF, approval, and rate cuts, could push Bitcoin to $160K next year. Analysts are bullish on the potential of Bitcoin (BTC) for next year, indicating several factors that could pump the price to $160,000. According to a blockchain analytics firm CryptoQuant report, Bitcoin may already be on its way…
Photon-Photos/iStock via Getty Images Just over six months ago, I wrote on NovaGold Resources Inc. (NYSE:NG), noting that the stock’s relative valuation remained unattractive with it trading at a premium to developers (and even some producers) that controlled their own destiny, were takeover targets, and many that were already in construction/production. Since then, NovaGold has…
Elastos aims to use BeL2 to allow users to stake their Bitcoin holdings directly on the service. Blockchain network Elastos may have devised a strategy to take advantage of the current high demand for Bitcoin (BTC) staking on its platform. This follows after it launched BeL2, a Bitcoin layer-2 network, in a supposed effort to…
littleclie By Sandra Rhouma As European inflation rates converge with targets, markets expect rate cuts. But central banks are set on a decisive victory over inflation. Across continental Europe and the UK, inflation rates are trending down, with euro area inflation cooling the fastest among developed market countries (Display). Current and historical analyses do not…
Yesterday the Human Rights Foundation announced a wave of new grants for a diverse range of projects. I want to focus on one specific project and grant: Braidpool, and the grant Kulpreet Singh received to continue his work on actually implementing it. The last few weeks have been dominated by discussions about Ocean’s recent launch,…
1971yes From my experience, some of the smallest companies offer up some of the best opportunities for investors. And very few companies out there have a market capitalization of less than $200 million. One such firm that I believe warrants the attention of investors is Graham Corporation (NYSE:GHM). In recent years, management has done a…
Strainly, a cannabis seed and services company, in partnership with BTCPay has published a case study on the use of BTCPay to facilitate payment processing for underserved and blacklisted industries. One of the most important use cases of Bitcoin is, as many users of a certain privacy wallet would say, “To make the transactions they…
remotevfx/iStock via Getty Images Invesco Solar ETF (NYSEARCA:TAN) is one I’ve followed for many years, and I’ve come to regard it as one of my go-to ETFs in the alternative energy sector. It gets a Hold rating from me, but that’s akin to saying that when the sun is out, it is warm. Ask someone…
Thanks to a new integration with Orbs-based dLIMIT and dTWAP protocols, users of the popular DEX Lynex can enjoy limit and TWAP orders. Popular Linea-based DEX Lynex has announced the integration of both dLIMIT and dTWAP protocols into its platform. dLIMIT and dTWAP are decentralized, permissionless DeFi protocols based on the Orbs network and both…
Bet_Noire Stocks have screamed higher due in part to mechanical flows and in part due to this crazy belief that the Fed will be aggressively cutting rates in 2024. At this point, it is too soon to know how much the Fed will cut rates in 2024; after all, last year, the market was pricing…
The ZKFair initiative emerges as a community-driven response to injustices and challenges in the Zero-Knowledge (ZK) landscape. It introduces transformative features and a vision for a fairer, more inclusive ZK Layer 2 network. In response to perceived injustices, inflated valuations, and domination by venture capitalists within the Zero-Knowledge (ZK) landscape, a transformative movement has emerged….
JuSun It’s been a while since I last visited Cummins (NYSE:CMI) stock here back in July with a ‘Buy’ rating, noting its positive long-term outlook driven by electrolization and truck fleet modernization trends around the globe. Unfortunately, my timing may have been a bit off, as that was near a near-term peak for CMI in…
Polkastarter outlined its mission for 2024, which is to level the playing field for a fairer financial system. Polkastarter (POLS), a popular decentralized fundraising platform, has stated its ambitious plans for 2024 and highlighted that it would be its best year yet. With an optimistic outlook, Polkastarter aims to revolutionize early-stage fundraising and make Web…
forplayday/iStock via Getty Images In recent months, I have significantly expanded my coverage in various fields and my coverage now spans over 100 publicly traded names. One of the areas where I have expanded my coverage is space. I believe that the increased global security threat levels as well as the commercialization of space provides…
By removing barriers that have discouraged participation, Saylor predicts that Bitcoin spot ETFs will lead to a surge in demand as previously untapped capital flows into the limited cryptocurrency market. According to MicroStrategy Chairman Michael Saylor, the upcoming Wall Street launch of Bitcoin (BTC) spot exchange-traded funds (ETFs) is a significant event. Saylor recently stated…
JHVEPhoto AllianceBernstein Holding LP (AB) is an asset management company with a strong history of delivering results for its own shareholders. AB stands out as different from its peers in that it is a partnership, has a large private wealth business, and has a key strategic partner. Over the past 10 years, AB has delivered…
The sixth largest cryptocurrency Solana (SOL) has all chances to enter the Top 5. Solana is threatening to replace XRP on the list of the major crypto assets by market capitalization. At the time of writing, Solana (SOL) price is $76.91 while its market cap is $32,898,753,885. The market cap of XRP is $33,009,755,118. Solana…
LumiNola/E+ via Getty Images Fiverr (NYSE:FVRR) was once the darling of the gig economy, epitomizing the potential of online freelance marketplaces. Its stock price rose over 10x during the pandemic as remote work and income diversification drove freelancer demand. However, Fiverr has since lost over 90% of its peak value as growth has slowed and…
With about 425 million owning crypto and more than 80 percent of G20 countries moving towards enabling digital assets, Coinbase is confident the industry will unlock economic freedom to billions of users. The cryptocurrency industry has continued to evolve with the market needs and the fast-changing global regulatory landscape. The trillion-dollar industry is preparing for…
champc Written by Nick Ackerman, co-produced by Stanford Chemist. Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY) provides investors with a basket of equity investments. The fund focuses on the S&P 500 Index names and then also utilizes a call-writing strategy against that index as well, with a target of being around 50% overwritten. This…
The collaboration between Affirm and Walmart is expected to increase the purchasing power during the end-of-year festive season as more shoppers can pay over time. Affirm Holdings Inc (NASDAQ: AFRM), an American financial technology company that offers buy now pay later (BNPL) services for online and in-store purchases, has announced a strategic partnership with Walmart…
Khanchit Khirisutchalual In my opinion, Teradata Corporation (NYSE:TDC) is a buy because of its growing recurring revenue, increases in deferred revenue, and migration of customers to the cloud. Further exposure to business models related to new AI technologies, like Stemma Technologies, and the cloud market growth may also bring significant net sales growth. Yes, there…
The ACS token from Access Protocol, distributed in the recent airdrop, functions as a means of payment that holders can utilize to gain access to a wide variety of crypto-themed content. In a surprising turn of events, Saga phone owners are receiving an unexpected windfall, with crypto publishing platform Access Protocol distributing ACS tokens worth…
cagkansayin At a Glance Ginkgo Bioworks’ (NYSE:DNA) third-quarter report for 2023 paints a complex financial story, illustrating the fluid and ever-evolving world of biotech. The company’s shift towards cellular design and genetic engineering has notably boosted its Cell Engineering revenue. However, there’s a noticeable overall revenue dip and a decrease in Biosecurity service income, which…
World ID Apps allow users to verify accounts and apply a verification status similar to the blue checkmark used on some social media platforms. The latest version of Worldcoin’s identity platform World ID 2.0 comes with the addition of Apps, a new way to build and use integrations to verify your online accounts using World…
Stay informed with free updates Simply sign up to the UK inflation myFT Digest — delivered directly to your inbox. UK inflation slowed much more sharply than expected in November to 3.9 per cent, according to official data that triggered a surge of market speculation that the Bank of England will cut interest rates in…
In addition to crypto payments, WorldPay’s payment channels will also support Alchemy Pay’s NFTs checkout. Cryptocurrency payment gateway Alchemy Pay has forged a strategic partnership with WorldPay to enhance its business offerings. Through this collaboration, the company is set to integrate WorldPay’s Visa Inc (NYSE: V) and Mastercard Inc (NYSE: MA) payment rails into its…
ucpage Investment Rundown Investing in a pool company may seem quite niched right now, and I do tend to agree with that. Hayward Holdings Inc (NYSE:HAYW) has been rather volatile over the last 12 months but ultimately displayed an increase of above 48% for the stock price. However, it seems that revenues are quite suspectable…
This registration will let Ripple offer its certain digital assets services to clients within Ireland. Ripple has officially revealed that the Central Bank of Ireland (CBI) added its Irish entity Ripple Markets Ireland Limited (Ripple Markets) to the list of registered VASPs (Virtual Asset Service Providers). Now, after gaining this registration in Ireland, Ripple be…
Just_Super By Christopher Gannatti, CFA and Mobeen Tahir In 1991, Sony (SONY, OTCPK:SNEJF) ushered in a new era of growth in consumer electronics by first commercializing a rechargeable lithium-ion (li-ion) battery. Sony’s camcorders were among the first devices to make use of the technology. Since then, li-ion batteries have become so ubiquitous that today, we…
ARMMY PICCA A recent warning by Yahoo Finance warns investors to sell their cash and buy bonds and stocks now as the Fed pauses. To wit: “Get out of cash now. Take advantage of some of these incredible things in the fixed-income markets, especially in the belly of the curve. Take advantage of the companies…
tadamichi As the U.S. Fed signals numerous rate cuts could be on the way in 2024, the focus for investors is shifting to the year ahead for markets. Brad Simpson, Chief Wealth Strategist at TD Wealth, discusses with Greg Bonnell the benefits of a diversified portfolio and why investors should remain vigilant when it comes…