It was a merchant sailor’s nightmare: armed men in balaclavas dropping from a helicopter before storming the ship’s bridge, ordering the civilian crew to lie down at gunpoint and cutting all communications. The scene played out late last year on the Galaxy Leader cargo ship, which was seized in the Red Sea by Houthi rebels…
alfexe/iStock via Getty Images Akero Therapeutics, Inc. (NASDAQ:AKRO) has been able to report positive results from its phase 2b HARMONY study, which used its drug efruxifermin [EFX] for the treatment of patients with pre-cirrhotic MASH or Metabolic dysfunction-associated steatohepatitis with stage 2 or 3 fibrosis. The significance of this is that it is already in…
Start Time: 03:30 January 1, 0000 4:11 AM ET Axfood AB (publ) (OTCPK:AXFOF)Q1 2024 Earnings Conference CallApril 25, 2024, 03:30 AM ET Company Participants Klas Balkow – President and CEOAnders Lexmon – CFO Conference Call Participants Daniel Schmidt – Danske BankFredrik Ivarsson – ABG Sundal CollierGustav Hageus – SEBAnna Schumacher – BNP Paribas Exane Operator…
J. Michael Jones Introduction Mid-cap stocks have not been the best place to be. Over the past ten years, the iShares Russell 2000 ETF (IWM) has returned roughly 100%, including dividends. During this period, the S&P 500 has returned more than twice as much. Data by YCharts Even worse, in the current environment of elevated…
RomoloTavani SDVY strategy First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) has a portfolio of 100 stocks, a 12-month distribution yield of 2.26%, and a total expense ratio of 0.60%. Distributions are paid quarterly. It started investing operations on 11/1/2017 and tracks the Nasdaq US Small Mid Cap Rising Dividend Achievers™ Index. As described…
Aehr Test Systems (NASDAQ:AEHR) Q1 2024 Earnings Conference Call October 5, 2023 5:00 PM ET Company Participants Jim Byers – MKR IR Gayn Erickson – President and CEO Chris Siu – CFO Conference Call Participants Christian Schwab – Craig-Hallum Capital Group Jed Dorsheimer – William Blair Dylan Patel – SemiAnalysis Larry Chlebina – Chelbina Capital…
Cineberg/iStock Editorial via Getty Images Global Blue (NYSE:GB) is a company indirectly exposed to international travel and luxury goods. It is a clear market leader in its two primary businesses and has a new growth vertical. Global Blue is partly still in recovery from the rough years of pandemic. However, its revenue and operating margin…
Murray Roos clarified that the exploration of blockchain does not mean that the exchange is delving into cryptocurrencies like Bitcoin and Ethereum. The London Stock Exchange Group (LSEG), one of the oldest and most reputable stock exchanges in the world, is embarking on the integration of blockchain technology into its operations according to a report…
SweetBunFactory The AI Investment Surge of 2023 2023 is marked by a significant investment surge in AI, offering promising long-term opportunities in areas from chip manufacturing to end-user devices. This trend has notably boosted tech industry stocks. However, this investment boom also poses challenges in identifying long-term winners, as many stocks might already reflect their…
MATJAZ SLANIC A Buy Rating for the abrdn Physical Precious Metals Basket Shares ETF This analysis recommends a Buy rating for the abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR), which is a US-listed exchange-traded fund that invests in physical bullion of precious metals held in secured vaults in the UK and Switzerland. The ETF…
Photofex/iStock Editorial via Getty Images Back in June of 2023, I identified OMV AG’s (OTCPK:OMVJF, OTCPK:OMVKY) petrochemicals division as a potential takeover target for the UAE’s Abu Dhabi National Oil Co. (“ADNOC”). As it turns out the two companies indeed entered discussions (although the deal is likely to be structured differently than what I initially…
Khanchit Khirisutchalual The last several years have been difficult for an emerging cloud company like Elastic (NYSE:ESTC). Like most rapidly growing, unprofitable companies, high inflation, war, supply chain disruptions, and other problems that ravaged a post-pandemic economy hurt the company’s fundamentals. Things only got worse when cloud customers of all sizes decided to optimize cloud…
J. Michael Jones Company & Stock Performance Not In Sync Synchrony Financial (NYSE:SYF) common shares have reverted to their typical behavior, which is to say underperforming relative to the decent financial performance of the company. When I covered the bank last quarter, the stock was coming off a good 3 months of outperformance following the…
zimmytws Thesis Fidelity Blue Chip Growth ETF (BATS:FBCG) is an actively managed ETF that picks large-cap growth stocks. As a relatively new fund, the track record doesn’t have much to say as to how it would behave in different market environments. However, I believe we have enough to say that long-term investors have better options…
gopixa/iStock via Getty Images The UK economy continues to dodge recession, according to the flash PMI data, with growth picking up some momentum at the end of the year to suggest that GDP stagnated over the fourth quarter as a whole. The economy’s resilience, combined with a sticky inflation picture in the December PMI data,…
Ronald Martinez You’re probably familiar with AT&T (NYSE:T) and its stock at this point. Countless digital ink has been spilled on the massive telecom company over the last few years, especially in light of the company’s recent breakup with Warner Bros. Discovery (WBD) and all of the surrounding drama. You’re probably also familiar with the…
janiecbros/E+ via Getty Images Introduction Evolv Technologies Holdings, Inc. (NASDAQ:EVLV), a micro-cap play on AI-based weapon detection, hasn’t done a great deal of good for its long-standing shareholders since it got listed back in July 2021. For context, whilst other micro-caps have managed to generate returns of nearly 29% since EVLV went public, our focus…
RoamingPanda/iStock Editorial via Getty Images Summary Grupo Aeroportuario del PacÃfico (NYSE:PAC) shares were hit hard last week at one point down 32% to US$109, on a surprise announcement that the Mexican airport regulator apparently changed the formula by which the three Mexican airport groups charge for services i.e. generate regulated revenue. The company press release…
krblokhin/iStock via Getty Images Comstock Holding Companies, Inc. (NASDAQ:CHCI) recently reported Q2 2023 earnings results on August 11. Results were mixed, with some reasons for investors to be comforted and some reasons to be concerned. When it comes to micro-cap stocks, things will usually not be perfect quarter to quarter and the lack of earnings…
Last Monday, November 27, Whinstone Inc.’s private security entered the Rockdale, TX-based premises of Rhodium Enterprises in order to remove employees to cease operation of their 125MW Bitcoin mining facility. The legal battle that culminated in this seizure started on May 2, 2023 when Whinstone US, Inc., a subsidiary of Riot Platforms, filed a lawsuit…
Lemon_tm A story of speculators and supply For the oil market, 2023 has been a story of the power of speculators and upside surprises in supply. Thus far, it has paid to fade speculative positioning, while those who have underestimated production have paid dearly. On the supply side, as we can see below, Saudi Arabia’s…
Dave Inc. (NASDAQ:DAVE) Q3 2023 Earnings Conference Call November 7, 2023 4:30 PM ET Company Participants Jason Wilk – CEO Kyle Beilman – CFO Conference Call Participants Gary Prestopino – Barrington Research Operator Good afternoon, everyone, and thank you for participating in today’s conference call to discuss Dave’s financial results for the third quarter ended…
Hero Images Inc Earlier this year, when the bottom fell out for the banking sector in response to the crisis that enveloped the space, practically every player in that market took a beating from a share price perspective. The vast majority of the companies that were hurt during that time have yet to stage a…
The Brink’s Company (NYSE:BCO) Q4 2023 Earnings Conference Call February 29, 2024 8:30 AM ET Company Participants Jesse Jenkins – Vice President of Investor Relations Mark Eubanks – Chief Executive Officer Kurt McMaken – Chief Financial Officer Conference Call Participants George Tong – Goldman Sachs Tobey Sommer – Truist Securities Operator Good day, and welcome…
MultiPlan Corporation (NYSE:MPLN) Q2 2023 Earnings Conference Call August 2, 2023 10:00 AM ET Company Participants Luke Montgomery – Senior Vice President, Finance and Investor Relations Dale White – Chief Executive Officer Jim Head – Chief Financial Officer Conference Call Participants Joshua Raskin – Nephron Research LLC Daniel Grosslight – Citigroup Rishi Parekh – JPMorgan…
The partnership between Coinbase and Conio is indicative of a larger trend in Europe that sees traditional banks and other financial institutions accepting cryptocurrencies more and more. The well-known US cryptocurrency exchange Coinbase and Conio, an Italian cryptocurrency wallet provider partly owned by two large Italian companies, have formed a new alliance. This partnership aims…
SvetaZi Written by Sam Kovacs. Introduction There’s less than two weeks until the Fed’s next interest rate decision. While the consensus remains that the Fed will keep their target rates stable at 5.25%-5.5%, there is some uneasiness in the market with an 8% (non-zero) probability that rates will be increased. Futures markets this morning signaled…
The WhatsApp Channels will allow users to receive important updates from people and organizations amid the changing regulatory landscape. Meta Platforms Inc (NASDAQ: META) shares closed Wednesday trading at $305.06, having gained 1.23 percent from the day’s opening price. The gains are likely to be attributed to Meta’s announcement that the WhatsApp Channels feature on…
MicroStockHub This is what dividend investing is all about! Investing in dividend stocks allows you to earn dividend income, the best passive income stream! Bias, you better believe it. Time to dive into Lanny’s February 2024 dividend income results! Were records set? Love the end of the year Dividend Tally, as the retirement account is…
Eugene Mymrin/Moment via Getty Images What is the single best security to buy and hold as a long-term investment? This is a question we were asked recently, and it’s a question that can be answered multiple ways. Are we looking for the best investment in terms of risk? In terms of income? In terms of…
Sundry Photography Written by Nick Ackerman. Texas Instruments Incorporated (NASDAQ:TXN) doesn’t make the exciting and flashy chips that power artificial intelligence, or AI. They are not catching any of those headlines that we’ve been consistently seeing from the other side of the chip world, namely Nvidia (NVDA). Instead, they make the boring chips that are…
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. On Sunday, February 4, El Salvador’s presidential election will determine whether Nayib Bukele and his revolutionary…
The Bitcoin halving event, a pivotal occurrence, is scheduled for April, 19 2024. This quadrennial event will reduce the block subsidy for Bitcoin miners from 6.25 BTC to 3.125 BTC, thereby halving the reward that miners receive for their efforts. Such events have historically led to profound shifts in the mining landscape, potentially influencing various…
Bastion plans to use the funds to scale its operations, attract top engineering talent, and secure additional licensing to diversify its product offerings. Bastion, a newly launched Web3 startup co-founded by two former executives from Andreessen Horowitz‘s digital assets venture division a16z Crypto, has secured $25 million in a seed funding round despite recent challenges…
Christopher Furlong/Getty Images News Responsible investing being one of my twin areas of interest, I write mostly about companies that are champions of sustainability in their respective industries. Occasionally I cover ESG laggards and firms with intrinsically high ESG risks. Elbit Systems (NASDAQ:ESLT) is a plain example of the latter. The company has been dropped…
CalAmp Corp. (NASDAQ:CAMP) Q2 2024 Earnings Conference Call October 5, 2023 5:00 PM ET Company Participants Logan Lucas – Corporate Strategy and Investor Relations Manager Jason Cohenour – Interim Chief Executive Officer Jikun Kim – Chief Financial Officer Conference Call Participants Adam Beavis – Goldman Sachs Scott Searle – ROTH MKM George Notter – Jefferies…
Natee127 My previous article on Cumulus (NASDAQ:CMLS) focused on its radio assets and balance sheet. At the market price of $5.00/share at the time of this writing, I still contend CMLS is undervalued on the argument of its balance sheet and underlying assets alone; however, there is an actual business that operates those assets and…
Andrii Yalanskyi The Industrials sector has been a quiet leader in 2023. While mega-cap tech-related stocks have been in the limelight and as the “Magnificent Seven” moniker went viral, boring transportation, aerospace, and other niches in the broad Industrials space have taken off over the last several months. One stock, Air Lease Corp (NYSE:AL), is…
LeoPatrizi Elevator Pitch I rate KT Corporation (NYSE:KT) [030200:KS] as a Hold. In my previous article written on January 14, 2024, I shared my thoughts on the expected performance of the company’s telecommunications and non-telecommunications businesses for the future. This latest update details recent developments, which point to a Hold rating for KT. The major…
insjoy Tuesday’s CPI report was a huge relief for the Federal Reserve and their fight against inflation. Headline CPI came in at 3.2% and core inflation came in at 4%. Expectations were for modestly higher inflation. The details showed a broad slowdown in the positive rate of change in prices, which is another sign that…
urbazon Continuing my series of updates on dividend ETFs, today I would like to offer a fresh look at the Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV), which I previously assessed in August 2023, concluding with a Hold rating. Why we should discuss RDIV once again? As this is a high-turnover, highly selective dividend strategy…
Andrzej Rostek Although many dismiss the worth of short-term bets on stocks, it is pivotal to note that portfolio rebalancing boundaries on volatile equities are typically narrow, as the excess price movement can lead to non-mean-revering returns. Moreover, emerging market equities are considered a diversification play to most investors; as such, portfolio correlations (and weights)…
Hong Kong’s Securities and Futures Commission recently approved Bitcoin Spot ETFs for several major asset managers, paving the way for the city to become a leading hub for such products. The approval comes after months of anticipation and marks a significant milestone for the Bitcoin industry in Asia. JUST IN: 🇭🇰 Hong Kong spot #Bitcoin ETFs…
J Studios Listen below or on the go on Apple Podcasts and Spotify Nvidia (NVDA) to buy two Israeli startups aiming to run AI models more cheaply. (00:25) META earnings call: More spending on AI ahead before payoff. (01:14) Microsoft-backed Rubrik (RBRK) prices IPO at $32/shr, above indicated range. (02:32) This is an abridged transcript…
Just_Super Introduction The other day, I read an article about a broader adoption of artificial intelligence (“AI”). The Wall Street Journal reported that Amazon.com, Inc. (AMZN) is accelerating investments into its hardware, which includes the Kindle e-reader, the Echo smart speaker, and other products. Wall Street Journal One of the products is Alexa, powered by…
Nikada Ladder Capital (NYSE:LADR) is a leading mortgage REIT that provides capital for the commercial real estate sector. The REIT chiefly invests in senior secured loans, which are secured by commercial real estate and which provide Ladder Capital with regular interest income. Ladder Capital as well as the broader commercial real estate industry may see…
Douglas Rissing Two weeks ago, I wrote about the Simplify Enhanced Income ETF (HIGH), which invests in T-bills and equity option spreads. HIGH offers investors a strong 9.4% distribution yield, with low realized volatility and drawdowns. A few days after writing on HIGH, I came across the Neos Enhanced Income Cash Alternative ETF (NYSEARCA:CSHI), which…
kulagina/iStock via Getty Images Encore Wire Investment Thesis Encore Wire Corporation (NASDAQ:WIRE) is a well-run business with a strong balance sheet that is underpriced due to being caught up in the crossfire of shorts betting on copper prices dropping in the short-term, which ignores the mid-term and long-term tailwinds for both copper and the business…
This is an opinion editorial by Dave Birnbaum, the product director at bitcoin investing platform Coinbits. Bitcoin is becoming increasingly relevant to everyday people as financial crises prompt discussion about how to improve our systems of finance, banking and government spending. Although the prevailing wisdom is that it’s better to get people to just use…
Patrik Stollarz Investment thesis I initiate my coverage of The Koninklijke Philips N.V. (NYSE:PHG) with a Hold rating following my in-depth research of the company and the underlying healthcare equipment industry. While once a prominent player in the market, Philips has faced significant challenges and controversies over the last couple of years, leading to a…