Dr_Microbe/iStock via Getty Images Imagine a world where diseases are not just treated, but predicted and prevented. Where drug discovery is not a decade-long, Billion-Dollar gamble, but a swift, targeted mission. This isn’t a page from a sci-fi novel; it’s the unfolding reality in the biotech industry, turbocharged by AI – a field that’s not…
NicoElNino/iStock via Getty Images This monthly article series reports sector metrics in the S&P 500 Index (SP500). It is also a top-down analysis of all exchange-traded funds, or ETFs, based on the S&P 500. Fast Facts on RSP Invesco S&P 500® Equal Weight ETF (NYSEARCA:RSP) holds all S&P 500 stocks in an equal-weight portfolio rebalanced…
TON is set to receive a $20,000 grant from KuCoin’s investment arm to support the exchange’s efforts at building GameFi and payment-based mini apps. KuCoin Ventures, the investment arm of Seychelles-based crypto exchange KuCoin, has announced a partnership with The Open Network (TON) Foundation. The exchange platform’s investment arm plans to award a grant of $20,000 to…
Vladyslav Otsiatsia In a previous report, I analyzed the sales and profit charges that RTX Corporation (RTX) recognized in the third quarter, and those sales and profit charges were in line with expectations. RTX is not the only company that is feeling the pain of the Pratt & Whitney GTF issue. Airlines are obviously also…
In a move toward bridging traditional financial systems with the burgeoning world of Bitcoin, TBD, a branch of Block specializing in decentralized technology, unveiled its open source protocol, tbDEX. The protocol, designed to foster trust and liquidity across diverse financial landscapes, has seen its first adoption by Yellow Card, Africa’s leading cryptocurrency exchange, according to…
YANG WANG/iStock via Getty Images Earlier this year (June 2023), I wrote an article on City Office REIT (CIO) and City Office REIT, Inc. RED PFD SER A (CIO.PA) recommending avoiding the common equity exposure and instead highlighting the value potential that lies within the preferred shares. Ycharts Since then CIO’s stock has experienced a…
Photo Credit: Dirección de Obras Municipales (DOM) President Nayib Bukele of El Salvador has been granted a special license allowing him to temporarily step down from his presidential role to pursue a second term in the country’s upcoming elections on February 4, 2024. This move aligns with a 2021 Supreme Court ruling and the constitutional…
CleanSpark, Inc. (NASDAQ:CLSK) Q4 2023 Earnings Conference Call November 30, 2023 4:30 PM ET Company Participants Isaac Holyoak – Chief Communications Officer Zach Bradford – Chief Executive Officer Gary Vecchiarelli – Chief Financial Officer Conference Call Participants Michael Colonnese – H.C. Wainwright Joshua Siegler – Cantor Fitzgerald Gregory Lewis – BTIG Brian Dobson – Chardan…
Bull runs are like wildfires: they need a combination of conditions to get started. A wildfire needs a long period of no rain, high temperatures and then high winds at the point of ignition. Yes – wildfires have been exacerbated by record methane emissions that Bitcoin helps mitigate, but that’s not what this article’s about:…
Sundry Photography CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is up big after Q3 earnings and already is in our Model Portfolio. We highlighted CRWD in our Free Access service right here on Seeking Alpha when it was at $163. In this free article, we were spotlighting our Portfolio Manager’s Buying Pattern report that we publish daily. As…
Republicans had hoped to get US crypto legislation through the House in 2023. However, now 2024 seems to be a more likely period. The introduction of comprehensive regulatory frameworks for cryptocurrencies in the United States has taken an unexpected turn, with lawmakers now eyeing 2024 as the prospective timeline for House approval of the bill….
DKosig Investment Thesis InterDigital, Inc. (NASDAQ:IDCC) delivered Q3 2023 results which were mixed. On the one hand, there’s enough in this set of results to put a solid BUY rating on this stock. Not only was the sale of two license agreements very welcome on the top line, but it also allowed IDCC’s free cash…
Both parties failed to reach an agreement on the safe return of the stolen assets despite Kyber offering the hacker 10% of the funds, which amounted to $4.3 million. The hacker behind the $46 million exploit on KyberSwap, a decentralized exchange that allows users to send and receive different cryptocurrencies, issued an ultimatum for the…
PeopleImages Five9 (NASDAQ:FIVN) which has its origins as a software provider for contact centers has evolved into a CX or customer interaction play by leveraging AI through its cloud platform. However, the stock’s underperformance of over 17% compared to the tech-heavy Invesco QQQ Trust ETF (QQQ) shows that the market has not realized the opportunity….
According to Matrixport, Bitcoin would rise close to its current all-time high by April, and hit $125K by end of 2024. Matrixport’s latest report predicts that the price of Bitcoin (BTC) will hit $125,000 by the end of 2024. The firm’s analysis hinges on a combination of historical data and market trends. These factors indicate the potential…
lsannes/iStock via Getty Images The last time I covered AerSale Corporation (NASDAQ:ASLE) was in August 2023. Back then, I reiterated my Buy rating, and that is one that has worked out quite well, as the stock has climbed 32% compared to a 2.3% increase for the broader markets. I also pointed out that I would…
The class action was one of the many lawsuits brought against the company last year after the Terra-LUNA fiasco that wiped out billions of dollars as investors watched their funds vanish into thin air within a matter of days. A federal court in Singapore has denied an appeal to dismiss a class action suit filed…
Justin Sullivan Despite another blockbuster quarter and a blowout end-of-year guidance, Nvidia Corporation (NASDAQ:NVDA) stock has yet to recapture its all-time high beyond $500 apiece reached on the eve of its F3Q24 earnings release. The investment community has largely attributed the paradox to the stock’s rich valuation that is demanding perfect execution, which Nvidia has…
These asset shifts have also been constantly noticed ever since FTX filed for bankruptcy, leaving many to speculate about the rationale behind the moves. According to a recent tweet by Spot on Chain, crypto accounts linked to the collapsed crypto exchange FTX and its sister trading firm Alameda Research executed over $10 million worth of…
Tramino Note: I have covered Nikola Corporation (NASDAQ:NKLA) previously, so investors should view this as an update to my earlier articles on the company. Four weeks ago, ailing zero-emission transportation start-up Nikola Corporation (“Nikola”) reported abysmal third-quarter results and provided a disappointing near-term outlook. Company Presentation Reported revenues for the quarter turned negative as the…
Cryptocurrencies have been around for over a decade; yet, it’s only in recent years that the mainstream has recognized the full extent of their utility. Whether your business is using Bitcoin as a hedge against traditional currencies, trying to avoid the exorbitant fees charged by financial services institutions, or just looking for an efficient way…
blackred Arrowhead Pharmaceuticals, Inc. (NASDAQ:ARWR) reported fiscal Q4 2023 results and provided a pipeline update this week. It was a generally upbeat update, with the company reporting positive preclinical toxicology results for ARO-RAGE and ARO-MMP7 with sufficient margins to allow the start of phase 2 trials in patients. However, that did not stop the stock…
With the heightened crypto regulatory crackdown and the US SEC’s change of attitude towards the industry, Bloomberg analyst argues all 12 applications will be approved in early January. The Bitcoin (BTC) bullish narrative that began in October is expected to continue in the coming weeks after the flagship crypto asset opened December on a high…
Lorado/E+ via Getty Images Safer Public Spaces I read the October ’23 opening remarks on national security to Congress by FBI Director Christopher A. Wray. What caught my attention was Wray’s pithy, perhaps grizzly assessment and warning that “The reality is that the terrorism threat has been elevated throughout 2023, but the ongoing war in…
ZBD, a New Jersey-based gaming technology company built on the Lightning Network, has announced a partnership with indie gaming studio 1047 Games to enable bitcoin payments for players of Splitgate, a free-to-play competitive first-person shooter (FPS). The two companies will activate a PC-based tournament, “The ZBD x Splitgate Winter Invitational,” for players beginning December 10….
coldsnowstorm Recent data point to a record shopping season for Shopify (SHOP), which saw Black Friday sales grow 22% y/y. Additional reports from Adobe Analytics show a strong $9.8 billion Black Friday season. But a successful Black Friday doesn’t necessarily point to a strong 4Q for retail. This note discusses a couple of ways to…
Anticipated interest rate cuts by central banks in the coming months could attract capital to various markets, potentially leading to increased volatility in speculative sectors like cryptocurrencies, according to some market observers. With the Federal Reserve pausing its rate hiking cycle and other central banks globally following suit, there is speculation that we may have…
MCCAIG A couple of weeks ago, Moody’s cut its rating outlook to negative from stable on JPMorgan (JPM), Bank of America (BAC), and Wells Fargo (WFC). According to the agency, this downgrade was due to “the potentially weaker capacity of the U.S. government to support the U.S.’s systemically important banks”. In addition, the agency noted…
The transition began at the company headquarters in Switzerland, with plans for an eventual change of name and transformation across other offices located in financial hubs like Abu Dhabi, Hong Kong, and Singapore. The cryptocurrency bank, formerly known as Seba, is embarking on a major rebranding effort as it transitions to a new name –…
The Good Brigade/DigitalVision via Getty Images Investment overview I am bullish on Xponential Fitness (NYSE:XPOF) as the TAM is extremely huge, which supports a long growth runway ahead for XPOF. Importantly, XPOF growth has been very strong even in the current macro climate and has a visible path ahead for the margin to continue expanding….
Stock futures are mixed after the Dow Jones Industrial Average closed its best month in more than a year. On Friday, December 1, US Treasury yields remained without serious changes as investors were looking forward to hearing comments from Federal Reserve Chairman Jerome Powell. The behavior of stock futures this morning is mixed. Yesterday Dow…
SIphotography/iStock via Getty Images Introduction The only time I’ve written about Ford Motor Company (NYSE:F) was in October 2021, when I tried to model out the company’s future based on the EV transition that the company was actively preparing for at that moment. My fairly detailed DCF model at the time showed an upside potential…
Boosted by the news of the fundraising, the platform’s native token POKT experienced a notable increase over the past 24 hours. In a significant move towards bolstering its decentralized finance (DeFi) operations, Grove, formerly known as Pocket Network Inc, has raised $7.9 million from prominent institutional investors, CoinDesk informed on Thursday. According to the report,…
OlenaMykhaylova Utilities have been a solid, long-term investment for generations, and many writers, commentators, and investors here on Seeking Alpha and elsewhere are counting on the asset class to recover and resume its positive returns. Many of us hold closed-end funds in the utility/infrastructure sector, with Cohen & Steers Infrastructure (NYSE:UTF) and Reaves Utility Income…
Business intelligence firm MicroStrategy (MSTR) may be living up to its reputation as the largest corporate holder of Bitcoin (BTC). Business intelligence firm MicroStrategy Inc (NASDAQ: MSTR) may be living up to its reputation as the largest corporate holder of Bitcoin (BTC). This follows a recent announcement by the company where it claimed to have…
monsitj In this month’s article, I outline why I will reverse last month’s decision and return to having 100% of my pension plan assets invested in the SPDR S&P 500 ETF (NYSEARCA:SPY). I will not have a cash position. First, let me review my pension plan performance in November. The market, as measured by the…
The BCUT token sale will begin on December 14, 2023, via CoinList with up to 65 million tokens up for grab at discounted prices. BitsCrunch network, a decentralized artificial intelligence (AI)-enhanced data ecosystem that delivers multi-chain forensic analytics to DeFi developers, has opened a short window for the registration of the BCUT token community sale….
mikkelwilliam/iStock via Getty Images Retailers are hoping for a boost from this year’s holiday shopping season even as many consumers face higher living costs. MoneyTalk’s Greg Bonnell discusses with Chris Graja, Senior Analyst, Retail with Argus Research. Transcript Greg Bonnell: Holiday shopping season is upon us, but after an earnings season where many retailers warned…
Circle Chief Strategy Officer and Head of Global Policy Dante Disparte wrote a formal letter to Senators Sherrod Brown and Elizabeth Warren to refute claims that USDC has been used for funding the Hamas terror group. After the United States Department of Treasury caught up with Binance Holdings Ltd, and its former CEO Changpen Zhao…
Thomas Barwick/DigitalVision via Getty Images Introduction For a long time now, investors have been seeking more ways to play the sports business market. Historically, public market investors looking for Sports exposure were limited to large sporting goods chains, media companies that held sports rights or partially owned teams and/or fringe sports technology plays. Recently, investor…
This new pilot project from Binance addresses the paramount concern of counterparty risk, while aligning with the risk tolerance of institutional investors. In a groundbreaking move, Binance has accomplished the world’s inaugural cryptocurrency triparty arrangement in collaboration with an undisclosed banking partner, on Thursday, November 30. This pioneering development introduces a unique solution within the…
da-kuk Thesis While the investor interest in fast-growing technology stocks arguably peaked in late 2021, the pullback that followed offered a more long-term perspective for investors in the tech sector. Many have since chosen to gain exposure to technology stocks using a more conservative approach; ETF investing. Fidelity Nasdaq Composite Index ETF (NASDAQ:ONEQ) offers a…
When asked about the SEC’s long-term vision for cryptocurrency regulation, Peirce admitted she couldn’t provide a definitive answer but emphasized the importance of adhering to the mandate given by Congress. Hester Peirce, a Commissioner at the US Securities and Exchange Commission (SEC) and also popularly known as ‘crypto mom’, is expressing concerns over the need…
simonkr Intro We wrote about FONAR Corporation (NASDAQ:FONR) back in August of last year when we pointed to how the company’s significant balance sheet strength would ultimately result in share-price gains for the healthcare company. Although cash & shareholder equity numbers were growing meaningfully on Fonar’s balance sheet, shares at the time were testing underside…
champpixs Investment thesis Asana (NYSE:ASAN) was one of the hottest stocks during the 2021 stock market mania, but now it trades more than seven times below all-time highs. My valuation analysis suggests the stock is still overvalued, but I believe that the premium is well-deserved. The company’s stellar revenue growth is backed by the superiority…
ryasick By Daniel Prince, CFA When an airplane experiences turbulence, it can be unnerving if you’re not used to it. Still, the pilot and crew – after telling you to stay seated and fasten your seat belt as a safety measure – typically stay on course so you can reach your destination. That’s a lesson…
jetcityimage Investment Thesis Ulta Beauty (NASDAQ:ULTA) stands out as a company with a remarkable historical performance, consistently showcasing robust financial strength year after year. This is not what one would expect from a retail business, which often entails low competitive advantages, narrow margins and revenues closely linked to discretionary consumption. Acknowledging Ulta’s significant position in…
tadamichi Over the 40 years through 2021, Chief Financial Officers (CFOs) became hyper-focused on rewarding shareholders with stock buybacks, dividends, and mergers and acquisitions, often financed with debt. This period was one of declining interest rates, culminating in near-zero government bond yields during the COVID-19 pandemic. Now, after the Federal Reserve raised the federal funds…
photobyphm Introduction I had a sell rating on Verizon (NYSE:VZ) in my previous article. At the time, my argument was that Verizon was in a precarious position in the competitive telecommunications industry. Unlike the company’s competitors, Verizon was reporting net customer number decline for both post-paid and pre-paid wireless customers for multiple quarters spanning about…
JHVEPhoto/iStock Editorial via Getty Images Since the IPO in early 2021 Dr. Martens (OTCPK:DOCMF) has never found peace, in fact the price per share has plummeted month after month until today. Yet, from an earnings and financial point of view there is no major problem. After the recent results for H1 FY2024 were released, the…