niphon By David Zahn, CFA, FRM, Head of European Fixed Income, Franklin Templeton Fixed Income The European Central Bank left interest rates unchanged, without conveying any urgency to start cutting rates in the next few months. David Zahn, Franklin Templeton Fixed Income’s Head of European Fixed Income, weighs in on the implications for investors –…
Tanankorn Pilong/iStock via Getty Images NEW YORK (January 25) – Fourth Quarter 2023 (2023Q4) Gross Domestic Product [GDP] printed this morning at 3.3%, well above the consensus estimates for the year and quashing expectations of recession that had lingered for much of 2023. (We had predicted 3% (+/-25bps) in our 2023Q3 GDP report, but revised…
JHVEPhoto In 1997, a New York City chess match changed the world. The opponents: World chess champion Garry Kasparov and International Business Machines Corporation’s (NYSE:IBM) Deep Blue computer program. Deep Blue squeaked out a win against Kasparov as the world watched, symbolically ending the age of man and beginning the age of machine. IBM stock…
SDI Productions Investment Thesis Background Zoom (NASDAQ:ZM) quickly became a global household name during the 2020-21 pandemic. Following a typical tech growth trajectory with over 100% sales growth in 2018 and 2019, and 90% in 2020, Zoom experienced explosive growth in 2021. With work-from-home skyrocketing due to COVID-19 lockdowns, sales surged by a staggering 325%,…
NovaGold Resources Inc. (NYSE:NG) Q4 2023 Earnings Conference Call January 25, 2024 11:00 AM ET Company Participants Melanie Hennessey – Vice President-Corporate Communications Greg Lang – President and Chief Executive Officer David Ottewell – Vice President and Chief Financial Officer Thomas Kaplan – Chairman Conference Call Participants Lucas Pipes – B. Riley Securities Don DeMarco…
SeventyFour Just over six months ago, I wrote on Calibre Mining (OTCQX:CXBMF), noting that while the company continued to over-deliver on promises, there was no way to justify chasing the stock above US$1.18. This is because the stock had found itself over-extended heading into the worst seasonal stretch of the year, with the GDX often…
Risto0 Nokia Oyj (NYSE:NOK) is no longer the giant it used to be, but that does not mean the company is completely uninvestable. The company may not be appealing to growth investors looking for multibagger opportunities, but value investors with a soft spot for income may find Nokia an interesting bet today. After reporting Q4…
Givaudan SA (OTCPK:GVDBF) Q4 2023 Earnings Conference Call January 25, 2024 9:00 AM ET Company Participants Gilles Andrier – Chief Executive Officer Tom Hallam – Chief Financial Officer Conference Call Participants Celine Pannuti – JPMorgan Chase & Co. Nicola Tang – BNP Paribas Exane Arben Hasanaj – Vontobel Gunther Zechmann – AllianceBernstein Daniel Buerki –…
Live Oak Bancshares, Inc. (NYSE:LOB) Q4 2023 Earnings Conference Call January 25, 2024 9:00 AM ET Company Participants Greg Seward – Chief General Counsel and Chief Risk Officer Chip Mahan – Chairman and Chief Executive Officer Walt Phifer – Chief Financial Officer BJ Losch – President-Live Oak Bank Conference Call Participants Steven Alexopoulos – JPMorgan…
Is it really surprising, given that cats have essentially dominated the internet for the last two decades, that cat memes have finally taken over the Bitcoin space as well in the last few weeks? Cats are the most viral meme on the internet, so it’s not shocking in the least bit that the Taproot Wizards…
Bridgewater Bancshares, Inc. (NASDAQ:BWB) Q4 2023 Earnings Conference Call January 25, 2024 9:00 AM ET Company Participants Justin Horstman – Vice President, Investor Relations Jerry Baack – Chairman, President and Chief Executive Officer Joe Chybowski – Chief Financial Officer Nick Place – Chief Lending Officer Jeff Shellberg – Chief Credit Officer Conference Call Participants Jeff…
Washington Trust Bancorp, Inc. (NASDAQ:WASH) Q4 2023 Earnings Conference Call January 25, 2024 8:30 AM ET Company Participants Elizabeth Eckel – EVP, Chief Marketing and Corporate Communications Officer Ned Handy – Chairman and CEO Ron Ohsberg – Senior EVP, CFO and Treasurer Bill Wray – Senior EVP and CRO Conference Call Participants Mark Fitzgibbon –…
Mobileye Global Inc. (NASDAQ:MBLY) Q4 2023 Earnings Call Transcript January 25, 2024 8:00 AM ET Company Participants Dan Galves – Chief Communications Officer Amnon Shashua – Chief Executive Officer and President Moran Shemesh – Chief Financial Officer Nimrod Nehushtan – Executive Vice President of Strategy and Business Development Conference Call Participants Mark Delaney – Goldman…
Boarding1Now United Airlines Holdings, Inc. (NASDAQ:UAL) reported its fourth quarter and full year earnings on the 22nd of January, beating revenue estimates by $80 million and core earnings per share of $2.00 beat expectations by $0.29. Since my last report covering United Airlines, the stock has climbed 14.5 percent in line with the market performance….
Today, BTC-only exchange Swan Bitcoin unveiled its new mining division, Swan Mining, which was previously operating in stealth mode, according to a press release sent to Bitcoin Magazine. The division is now positioned under Swan Institutional, with a focus on securing the Bitcoin network while contributing to the expansion of energy production and stabilization of electrical…
Eagle Materials Inc. (NYSE:EXP) Q3 2024 Earnings Conference Call January 25, 2024 8:30 AM ET Company Participants Michael Haack – President & Chief Executive Officer Craig Kesler – Chief Financial Officer Conference Call Participants Trey Grooms – Stephens Anthony Pettinari – Citi Jatin Khanna – Goldman Sachs Kevin Gainey – Thompson Davis Phil Ng –…
Introduction The transition from Fiat Standards to the Bitcoin Standard, though highly desirable, is not inevitable or necessarily imminent. The timing and occurrence of these changes hinge on the adoption choices made by individuals, organizations, and public entities. These decisions are influenced not only by rational considerations but also by emotional and irrational factors (greed…
CVB Financial Corp. (NASDAQ:CVBF) Q4 2023 Earnings Conference Call January 25, 2024 10:30 AM ET Company Participants Christina Carrabino – Investor Relations Dave Brager – President & Chief Executive Officer Allen Nicholson – Executive Vice President & Chief Financial Officer Conference Call Participants Matthew Clark – Piper Sandler Tim Coffey – Janney Montgomery Scott Matt…
TAL Education Group (NYSE:TAL) Q3 2024 Earnings Conference Call January 25, 2024 7:00 AM ET Company Participants Jackson Ding – IR Director Alex Peng – President & CFO Conference Call Participants Timothy Zhao – Goldman Sachs Eddy Wang – Morgan Stanley Felix Liu – UBS Caini Wang – CICC Yiwen Zhang – China Renaissance Operator…
Baloncici/iStock Editorial via Getty Images Here at the Lab, we have a good grip on the EU Travel and Leisure sector. Our team extensively covers low-cost airline operators (easyJet and Ryanair Holdings) and flag carriers (Air France-KLM and Deutsche Lufthansa AG). Avolta AG, formerly known as Dufry AG (OTCPK:DUFRY), is a Switzerland-based company engaged in…
SimonSkafar Investment Rundown CMS Energy Corporation (NYSE:CMS) has grown into quite a significant company in the last decades at sits at a market cap of nearly $17 billion. Included in the utilities sector, the company’s stock price has done quite poorly, down 8.17% in the last 12 months, underperforming the broader markets by quite a…
9dreamstudio/iStock via Getty Images Introduction Although the natural gas price is still weak, I’m keeping an eye on the entire sector and after having a closer look at Crew Energy (CR:CA) and dividend-paying Tourmaline Oil (TOU:CA), I wanted to have a look under the hood of Advantage Energy (TSX:AAV:CA) (OTCPK:AAVVF), a natural gas producer with…
Electrify Expo In D.C. Highlights Latest Technology In Electric Vehicle Industry Nathan Howard Toyota Motor Corporation (NYSE:TM) expends prodigious time and energy explaining why it won’t be rushed into creating battery-electric (BEV) versions of all its models, in the manner of all-electric, zero emission strategies under way at General Motors (GM) and Ford Motor (F),…
peepo Performance Moderating inflation and softening labor market conditions contributed to both falling interest rates and investors’ growing belief that a hard landing economic recession will be avoided. This optimistic scenario propelled a risk on investor mindset and a strong equity market rally during the quarter. Most sectors closed higher, led by Information Technology (IT),…
Joe Raedle Papa John’s (NASDAQ:PZZA) is addressing lagging commissary margins with a new system that it is rolling out now. It expects that over the next 4 years, it will double commissary margins, which should have a welcome effect on operating income growth, excluding the fact that it is also doing a decent job of…
Joe Raedle Intro & Thesis I remember very well the saying that you shouldn’t try to time the market. But that’s basically the bread and butter of Wall Street analysts because even if they don’t try to predict the exact high or low of a stock, their calls to buy or sell in a certain…
Yuichiro Chino/Moment via Getty Images Elevator Pitch I rate CI&T Inc (NYSE:CINT) as a Hold. There are both pros and cons pertaining to CINT’s attractiveness as an investment candidate, and this explains my decision to have a Hold rating awarded to the stock. CI&T’s current valuations are appealing, and the new AI platform could help…
ansonsaw The Western Asset Global High Income Fund (EHI) is a closed-end fund that income-focused investors can employ to achieve their goals of earning a steady income from their portfolios to use to pay their bills or finance their lifestyles. The fund certainly manages to do a reasonably good job at achieving this goal, as…
Billerud AB (publ) (OTCPK:BLRDY) Q4 2023 Earnings Conference Call January 25, 2024 3:00 AM ET Company Participants Lena Schattauer – Head, Investor Relations Ivar Vatne – Chief Executive Officer Andrei Kres – Chief Financial Officer Conference Call Participants Linus Larsson – SEB Robin Santavirta – Carnegie Cole Hathorn – Jefferies Christian Kopfer – Handelsbanken Johannes…
hapabapa/iStock Editorial via Getty Images Now more than ever in 2024, investors need to focus on fundamentals-driven stock-picking to beat the markets this year. Especially in the tech sector, we should focus on growth companies that are still trading at reasonable valuation levels – and avoid broken growth stories. Twilio (NYSE:TWLO), unfortunately, is an example…
Igor Kutyaev/iStock via Getty Images By Samantha McLemore “The big money is not in the buying and selling, but in the waiting.” Charlie Munger In this letter, we discuss the current environment and how we are responding. We also reflect on 2023: what we’ve done well and where we made mistakes. Before we get to…
franckreporter The last few years haven’t been kind to the UK stock market and the FTSE 250, much like the FTSE 100, has fallen out of favour with all but the hardiest and most dedicated (or stubborn) UK investors. Perhaps now is indeed the time to throw in the towel, sell everything UK-related and move…
Andriy Onufriyenko/Moment via Getty Images Investing in the digital future is no longer a concept of science fiction. The advent of the Metaverse, a network of virtual universes that are all interconnected, has opened up a new avenue for investment opportunities. I had poked fun at the Metaverse concept when it was all the rage…
Editor’s note: Seeking Alpha is proud to welcome The Value Hunter 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 » mkistryn/iStock via Getty Images VictoryShares US Large Cap…
tamara_kulikova Thesis The VanEck Morningstar Wide Moat ETF (BATS:MOAT) exemplifies a strong ETF with a robust strategy, designed to cater to discerning investors seeking to capitalize on companies with sustainable competitive advantages. These so-called “moat” companies are not just leaders in their respective fields but have established durable business models that offer the potential for…
sl-f/iStock via Getty Images Founded in 2011, Arlo Technologies (NYSE:ARLO) rode the wave of smart home security to a high-profile IPO in 2018, but competition and slower market adoption chipped away at its initial hype. While ARLO boasts integrations with smart home systems and a loyal user base, the stock‘s performance has been lackluster, reflecting…
KE ZHUANG Investment Thesis Constellation Energy Corporation (NASDAQ:CEG) is a distinct player in the electric generation and retail/wholesale energy supply market, primarily due to its substantial carbon-free baseload electricity generation from nuclear power plants. The company stands to benefit significantly from the Inflation Reduction Act, particularly the new nuclear production tax credits, which offer substantial…
Kena Betancur Overview My recommendation for Best Buy Co., Inc. (NYSE:BBY) is a buy rating. My reason for the buy recommendation is because of the attractive capital return story and the demand recovery in PCs and smartphones in the latter part of this year. I need to highlight that any investment position should be small…
Funtay Vital Energy (NYSE:VTLE) has continued to report production that has exceeded expectations, primarily due to the outperformance of its newer wells. This well outperformance has been a consistent theme with its 2023 production results and helps boost the value of the company. Vital has also significantly deleveraged with its various acquisitions and now should…
Dilok Klaisataporn Both the Fed and most Fed watchers (especially those in the financial press) chronically misunderstand the relationship between economic growth and inflation. Strong growth doesn’t cause inflation, and reducing inflation doesn’t require a recession. Inflation is the result of an imbalance in the supply and the demand for money. Bringing down inflation requires…
coldsnowstorm Never bet against the American consumer. That’s what so many pundits say, and the December Retail Sales report put out by the US Census Bureau last Wednesday underscored strength in spending to wrap up 2023.[1] Both the headline figure and the “control group,” which backs out some volatile categories, came in well above economists’…
Regis Resources Limited. (RGRNF) Q2 2024 Earnings Conference Call January 24, 2024 7:00 PM ET Company Participants Jim Beyer – Managing Director and CEO Anthony Rechichi – CFO Michael Holmes – Chief Operating Officer, Conference Call Participants Alexander Papaioanou – Citi Andrew Bowler – Macquarie Alex Barkley – RBC David Coates – Bell Potter Securities…
ServiceNow, Inc. (NYSE:NOW) Q4 2023 Earnings Conference Call January 24, 2024 5:00 PM ET Company Participants Darren Yip – VP, IR Bill McDermott – Chairman and CEO Gina Mastantuono – CFO CJ Desai – President and COO Conference Call Participants Brad Zelnick – Deutsche Bank Mark Murphy – JPMorgan Arjun Bhatia – William Blair Kash…
AT&T Stock Jumps On Strong Earnings Report Brandon Bell AT&T (NYSE:T) just released its fiscal fourth quarter (Q4) earnings. The release showed 2.2% revenue growth and 4.9% growth in free cash flow. Diluted EPS of $0.54 was down 11.4%, however, much of it was a $0.18 actuarial loss on employee benefit plans. Such losses will…
Seagate Technology Holdings plc (NASDAQ:STX) Q2 2024 Earnings Conference Call January 24, 2024 5:00 PM ET Company Participants Shanye Hudson – Senior Vice President of Investor Relations Dave Mosley – Chief Executive Officer Gianluca Romano – Chief Financial Officer Conference Call Participants Wamsi Mohan – Bank of America Erik Woodring – Morgan Stanley Aaron Rakers…
fhm/Moment via Getty Images Dear readers, Vonovia (OTCPK:VONOY) is a German real estate holding company, which operates very similarly to a REIT, and owns 550,000 apartments located primarily in Germany, Sweden, and Austria. It’s a company I have written about extensively on Seeking Alpha, publishing six articles last year. This is no coincidence, as Vonovia…
Torsten Asmus The iShares Investment Grade Corporate Bond Buywrite Strategy ETF (BATS:LQDW) seeks to track the investment results of an index that reflects a strategy of holding the iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) while selling one-month covered call options to generate income. Since it came to market in August 2022 it…
Abdullah Durmaz/E+ via Getty Images Investment thesis: With around two-thirds of the US economy dependent on the consumer, the rate of consumer spending growth tends to be the main determining factor that drives the US economy. There are fiscal as well as monetary policies that can affect consumer spending. For instance, high-interest rates for a…
Pathward Financial, Inc. (NASDAQ:CASH) Q1 2024 Earnings Conference Call January 24, 2024 5:00 PM ET Company Participants Darby Schoenfeld – Senior Vice President, Investor Relations Brett Pharr – Chief Executive Officer Greg Sigrist – Executive Vice President and Chief Financial Officer Conference Call Participants Frank Schiraldi – Piper Sandler Eric Spector – Raymond James Michael…
JHVEPhoto Brief Review Of ServiceNow’s Q4 2023 Earnings Report Heading into its Q4 2023 report, ServiceNow, Inc. (NYSE:NOW) was projected to deliver revenues and normalized EPS of $2.40B and $2.78, respectively. SeekingAlpha With ServiceNow beating consensus street estimates on both top and bottom lines [revenue: $2.44B (up +25.78% y/y), normalized EPS: $3.11], the stock is…