The team announced 4236% oversubscription on DOJO launchpad. DojoSwap, the first native Automated Market Maker (AMM) Launchpad on Injective has completed its public sale to continue to build the biggest DeFi ecosystem on the Injective blockchain. The protocol announced on Thursday that it raised $25 million from its recent public sale of 635,000 INJ tokens….
Northern Technologies International Corporation (NASDAQ:NTIC) Q4 2023 Earnings Conference Call January 11, 2024 9:00 AM ET Company Participants Patrick Lynch – President and Chief Executive Officer Matt Wolsfeld – Chief Financial Officer Conference Call Participants Tim Clarkson – Van Clemens & Company Inc. Operator Good day and thank you for standing by. Welcome to NTIC…
Circle Internet Financial confidentially filed for an initial public offering (IPO) in the US. It has become known that Circle Internet Financial confidentially filed for an initial public offering (IPO) in the US which can be viewed as one of the steps in its move to become a publicly-traded company. Circle, which is the issuer…
thodonal/iStock via Getty Images Thesis W. R. Berkley’s (NYSE:WRB) core focus on strong underwriting practices and effective management of social inflation risks positions it as a strong player in the insurance industry. Together with its sensible financial management and favorable response to interest rate environments, the company stands well-appointed to navigate market challenges and sustain…
As a testament to the quality and popularity of Oasys projects, five of them have already secured positions in the Top 30 of the Games category on DappRadar, based on Unique Active Wallets (UAW) as of January 11. Oasys, a popular gaming-optimized blockchain platform, has reached a notable milestone in its journey by announcing the…
This article was written by Follow Dividends (DGI and DRIP) and Growth at reasonable price (GARP) for Long-term. Serious money.Fun trading for short-term. Play money.Ideas and thoughts presented in the articles are not professional recommendations. Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans…
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. This week’s topics Monumental SEC failure Bitcoin ETF multiple German economic update Taiwan elections and China…
cinoby/E+ via Getty Images Risk is an important aspect of any type of investing, and in a volatile market, it’s even more important to try and manage your downside risks. Many investors prefer well-known and widely publicized safe havens such as government bonds or physical gold and precious metals. Against the current quasi-risk-off economic backdrop…
Cathie Wood Predicts $4 Billion Inflows in Ark 21Shares Bitcoin ETF In a recent statement, Cathie Wood, head of ARK Invest, revealed that her fund is actively engaging with a diverse range of institutions, including state pension funds and treasurers. The objective is to secure initial investments into the Ark21Shares Bitcoin ETF, with the ticker…
pidjoe Investment Thesis NextEra Energy (NYSE:NEE) is one of the largest utilities providers in the United States. The firm’s utility, “Florida Power & Light” is the largest in the nation with the firm also developing a worldclass renewable energy business. An attractive market position and good relationship with regulators in Florida allow FPL to act…
However, Robinhood CEO emphasized that even though the value of cryptocurrencies like Bitcoin is rising, they are still complicated and risky Robinhood, a popular app for trading stocks and cryptocurrencies, has announced its plans to take swift action in listing spot Bitcoin exchange-traded funds (ETFs) Â following the approval by the SEC. These ETFs aim to…
Dilok Klaisataporn In my article in late 2022, I suggested investors prefer Trinity Capital (NASDAQ:TRIN) over TriplePoint Venture Growth (NYSE:TPVG) for higher returns. TRIN’s 60% total return in 2023 vindicated my opinion. For 2024, I believe Trinity is well-positioned to offer healthy returns to shareholders. TRIN’s performance in 2024 is likely to be supported by…
A dissenting SEC commissioner has expressed disapproval of the Bitcoin spot ETFs and highlighted the reasons for this. In the last 24 hours, the crypto world has been in a state of celebration thanks to the announcement of the Bitcoin spot ETF approval. Several firms, including BlackRock and Grayscale, have seen their applications given the…
RHJ Cameco (NYSE:CCJ) is a solid play on the improving uranium and nuclear market, although the stock is pretty pricey by historical standards. Company Profile CCJ is a uranium miner and nuclear service provider. The company owns stakes in three tier 1 uranium mines, as well as in several tier 2 and emerging mines. Its…
The SEC faces deadlines ranging from May 23 to August 7 to make decisions on Ethereum ETF applications. The crypto market is buzzing with expectations as analysts predict a high likelihood of the approval of Ethereum (ETH) Exchange-Traded Funds (ETFs) in the coming months. Analysts’ Confidence and Comparisons with Bitcoin Eric Balchunas, a notable ETF…
jetcityimage Listen below or on the go on Apple Podcasts and Spotify Cummins (CMI) to pay record $1.675B civil penalty in vehicle test cheating settlement. (00:26) iRobot (IRBT) plunges to session lows amid report Amazon (AMZN) won’t offer remedies in Europe. (01:41) SEC at long last approves spot bitcoin ETFs. (02:25) This is an abridged…
Operating within tightly regulated stock exchanges, ETFs ensure accessibility through existing retail investors’ brokerage accounts, subject to stringent supervision. In a historic decision, the US Securities and Exchange Commission (SEC) granted approval to exchange-traded funds (ETFs) that mirror the price of Bitcoin. This marks a significant breakthrough for the cryptocurrency industry, which has sought to…
LumiNola Dear Fellow Investor, This is the fourteenth annual letter to owners of Fundsmith Equity Fund (‘Fund’). The table below shows performance figures for the last calendar year and the cumulative and annualised performance since inception on 1st November 2010 and various comparators. % Total Return 1st Jan to 31st Dec 2023 Inception to 31st…
The proposal was that PYUSD should be onboarded to Aave but without collateral properties and outside isolation mode. Within the crypto world, many major projects function as Decentralized Autonomous Organizations (DAOs) and this means that community members can vote on decisions to be made. Thus far, this has proven to be popular and drives engagement….
DNY59/E+ via Getty Images After running in multiple organized events in 2023 (two half marathons, 1 quarter marathon trail run, a 10-kilometer race and a 5-kilometer race, plus lots and lots of training miles over the last 12-months, but who’s counting?) I started 2024 with a night-time trail run the first weekend in January. I…
Gradual adoption of spot Bitcoin ETFs is expected to happen through proper education to wealth managers as trading is scheduled to begin today. After a decade of regulatory uncertainty in the United States, investors can now tap on spot Bitcoin (BTC) exchange-traded funds (ETFs) as soon as trading commences today. On Wednesday, the United States…
TERADAT SANTIVIVUT Performance and net asset value Quarterly return†: 5.67% NET ASSET VALUE PER UNIT AT 31 DECEMBER 2023†: $1.0695 Click to enlarge †after all ongoing and performance fees. The high water mark on 31 December 2023 is $1.0723/unit Global equity indices generally rose in the December quarter by 7-10%, with a strong rebound…
jetcityimage Investment Thesis I believe Eli Lilly (NYSE:LLY) is poised for continual growth due to the significant demand for weight-loss drugs and the increasing insurance coverage. My perspective is a belief in the future of GLP-1 therapies, particularly those targeting obesity. My main focus is on Eli Lilly’s pioneering drug, Zepbound, which I see tackling…
sefa ozel/iStock via Getty Images Introduction LNG sector’s journey in 2023 was quite a bumpy ride due to the persistent weakness in prices. That left many companies grappling with their performance. Cheniere Energy Partners (NYSE:CQP), the operator of the Sabine Pass LNG Terminal in Cameron Parish, Louisiana, faced its fair share of challenges as its…
The approved ETFs are expected to attract significant inflows. Estimates suggest that Valkyrie could see $200-400 million, with the overall market experiencing $4-5 billion in inflows within the first few weeks. In a historic move, the US Securities and Exchange Commission (SEC) has approved 11 spot Bitcoin Exchange-Traded Funds (ETFs) after more than a decade…
tadamichi By Todd Jablonski, CFA, CIO, Asset Allocation; Seema Shah, Chief Global Strategist; Brian Skocypec, CIMA, Director, Global Insights & Content Strategy; Han Peng, CFA, Director, Quantitative Strategist; Ben Brandsgard, Insights Strategist Key themes for 1Q 2024 • Global growth is coming off the boil. Economic growth is now cooling as global monetary tightening gradually…
The ChatGPT Team tier provides access to GPT-4, DALL-E 3, and OpenAI’s Advanced Data Analysis feature, along with data control. OpenAI, one of the leading artificial intelligence companies in the United States, has officially launched its highly-anticipated GPT Store, providing users with a platform to share their personalized chatbots. The Store’s debut comes after a…
JHVEPhoto/iStock Editorial via Getty Images The TSMC Investment Thesis Taiwan Semiconductor Manufacturing Company (NYSE:TSM) or most commonly referred to as TSMC is the heart of today’s economy. This is because semiconductors are now a key part of nearly every type of electronic device, from cars to smart phones. Most people are probably not aware that…
BraunS The cruise line sector has seen a strong and multi-year recovery after the COVID-19 pandemic decimated the industry in 2020 and in 2021. Royal Caribbean (NYSE:RCL) has also seen a strong valuation recovery in 2023, reflecting positive fundamentals as well as a raised guidance for the current fiscal year. Since a major re-rating has…
onurdongel/E+ via Getty Images Synopsis Armstrong World Industries (NYSE:AWI) is a leading manufacturer of innovative commercial and residential ceiling, wall, and suspension system solutions. AWI’s historical financials have shown a robust recovery in revenue growth from the impact of COVID-19, but I do notice a slowdown in growth due to weakening housing demand. In addition,…
Bill Oxford CASGEVY approval CASGEVY is a groundbreaking gene therapy, owned by CRISPR Therapeutics AG (CRSP) and Vertex (VRTX) specifically designed for the treatment of sickle cell disease (SCD) in individuals aged 12 and older who experience frequent vaso-occlusive crises (VOCs). Developed through a collaboration between Vertex Pharmaceuticals and CRISPR Therapeutics, CASGEVY stands out as…
jamesteohart About seven months ago, I rated the preferred stock of Telephone and Data Systems (NYSE:TDS.PR.V) as a “hold”, as the stock was offering an exceptionally high dividend yield of 13.0% but it also had some material risks. Since my article, the stock has offered a total return of 38% and thus it has outperformed…
DNY59 The New Year got off to a bit of a rocky start as major indices (DJIA, S&P 500® and Nasdaq Composite) ended lower for the first week of the year, marking the first down week after a 9-week winning streak. In the continued 2023 trend of “good news is bad news,” it was strong…
BeritK Lincoln Educational Services Corporation (NASDAQ:LINC) has been a rewarding stock to hold over the last five years, increasing in value by 220.82%. The company is often seen as a go-to stock in economic downturns, as an increase in unemployment benefits the company’s number of student enrollments. This year, the company has been increasing enrollments…
ExperienceInteriors Introduction We last covered Allied Properties REIT (TSX:AP.UN:CA) (OTC:APYRF) back in August 2020. It was during the midst of the pandemic and at that time we pointed out that Allied Properties had a strong balance sheet and its dividend was sustainable. It has been about 3.5 years since we last covered this stock, it…
Hispanolistic/E+ via Getty Images Investment thesis Our current investment thesis is: MOD is likely in the early stages of a significant upswing, underpinned by industry tailwinds and a successful business model transition. We believe this will drive shareholder value, following a period of limited distributions and volatile financial results. This is important as even if…
ADragan/iStock via Getty Images Crescent Capital BDC, Inc. (NASDAQ:CCAP) is a well-managed business development company, but headwinds to the BDC sector with respect to interest rates could hurt the company’s growth potential as it focused heavily on the creation of a floating-rate investment portfolio. The BDC’s merger with First Eagle Alternative Capital BDC accentuated this…
BrilliantEye/iStock via Getty Images Company Overview ResMed (NYSE:RMD) is a global leader in the digital health sector, distinguished by its extensive range of cloud-connected medical devices. The company has achieved a significant presence in the medical device market, with over 22.5 million cloud-connectable units sold in more than 140 countries. ResMed’s expertise primarily lies in…
KB Home (NYSE:KBH) Q4 2023 Earnings Conference Call January 10, 2024 5:00 PM ET Company Participants Jill Peters – SVP, IR Jeffrey Mezger – Chairman, President & CEO Robert McGibney – EVP & COO Jeff Kaminski – EVP & CFO Conference Call Participants John Lovallo – UBS Stephen Kim – Evercore ISI Alan Ratner –…
Poetra RH/iStock via Getty Images High yield REITs are one of my favorite things. It wasn’t so long ago I was singing the praises of ARMOUR Residential, for both its double-digit yield and its management of high leverage. Today I’m going to be again looking at a similar mortgage REIT, Orchid Island Capital (NYSE:ORC), which…
Asawin_Klabma Dear readers/followers, In this article, I’m going to show you why I want to be an investor in Lifco (OTCPK:LFCBY), but why I am, up to this point, not invested and won’t invest until the price drops to a certain point. Lifco is probably one of the more interesting industrial conglomerates in all of…
tadamichi By Hamish Preston Many investors use the start of the year to make predictions for the upcoming year and to think about ways to express views on these themes. This undertaking is not guaranteed to add value: predicting the future is incredibly difficult, and success requires correctly predicting both the drivers of future performance…
Aritzia Inc. (OTCPK:ATZAF) Q3 2024 Earnings Conference Call January 10, 2024 4:30 PM ET Company Participants Beth Reed – Vice President, Investor Relations Jennifer Wong – Chief Executive Officer Todd Ingledew – Chief Financial Officer Conference Call Participants Brian Morrison – TD Cowen Luke Hannan – Canaccord Genuity Irene Nattel – RBC Capital Market Martin…
Andres Victorero Since the bond market peaked in late 2021 just before the Fed embarked on its attempt to tame inflation by hiking rates, it has been painful to be an investor in “risk-free” Treasuries at nearly all points on the curve. The most pain has been felt at the long-end of the Treasury curve…
JaysonPhotography For the month, 93% of all closed-end funds (CEFs) posted net-asset-value (NAV) based returns in the black, with 85% of equity CEFs and 98% of fixed income CEFs chalking up returns in the plus column. The average equity and fixed income CEF posted NAV-based gains of 3.42% and 3.14%, respectively, for December. Lipper’s mixed-assets…
CoffeeAndMilk/E+ via Getty Images The VanEck Mortgage REIT Income ETF (NYSEARCA:MORT) is one of the worst-performing income ETFs in the market, with sky-high risk, consistent losses and distribution cuts. The fund is a terrible long-term hold, and rarely a good short-term investment. Aggressive investors looking for the highest yields have much stronger options than MORT….
Today, Bitwise Asset Management unveiled a new initiative, confirming their pledge to allocate 10% of profits from the Bitwise Bitcoin ETF (BITB) towards supporting Bitcoin open-source development, according to a press release sent to Bitcoin Magazine. The donations will benefit three esteemed non-profit organizations – Brink, OpenSats, and the Human Rights Foundation’s Bitcoin Development Fund. “Bitcoin…
BenGoode/iStock via Getty Images The iShares MSCI Australia ETF (NYSEARCA:EWA) holds a representative swath of the Australian market on a value-weighted basis. Financials and mining feature heavily consistent with Australia’s overall economic profile. While we have no major issue with mining, and in fact have our preferred pick Perenti Limited (OTCPK:AUSDF), or any issue with…
tiratus phaesuwan/iStock via Getty Images The last time I spoke about Ardelyx, Inc. (NASDAQ:ARDX) in the Seeking Alpha article entitled “Ardelyx: Underappreciated Biotech With Potential FDA Approval On Deck,” it was gearing up to have its drug tenapanor as an add-on therapy for reducing serum phosphorous levels in patients with chronic kidney disease [CKD] on…
zorazhuang/iStock via Getty Images Ichor Holdings (NASDAQ:ICHR) has been pretty hot lately. The stock has appreciated by close to half in the last couple of months. This after hitting a 52-weeks low on November 9 in the wake of a disappointing earnings report that missed EPS estimates. However, while the stock has turned it around…