ReposiTrak, Inc. (NYSE:TRAK) Q2 2024 Results Earnings Conference Call February 14, 2024 4:15 PM ET Company Participants Jeff Stanlis – Investor Relations, FNK IR John Merrill – Chief Financial Officer Randy Fields – Chairman and Chief Executive Officer Conference Call Participants Thomas Forte – Private Investor Operator Greetings. Welcome to the ReposiTrak Fiscal Second Quarter…
Koldunov/iStock via Getty Images Verona Pharma (NASDAQ:VRNA) is a biopharmaceutical company based in London with offices in the US. VRNA´s main candidate drug is ensifentrine, a promising treatment for patients suffering from COPD, cystic fibrosis, and asthma. This medicine is a bronchodilator and non-steroidal anti-inflammatory agent that has demonstrated promising results in clinical trials. In…
Latin America has identified that regulated, blockchain-based financial services will soon be the order of the day. The world of finance, as we have it today, has changed drastically, and stablecoins and tokenized data may be at the center of this change. So much so, that what used to be a difficult task for businesses…
Stateless roll-up Versatus LASR represents a pure execution environment that relocates compute processes off-chain without the inherent responsibilities or expenses tied to maintaining state and storing data. On Wednesday, December 6, peer-to-peer Web Services protocol Versaturs Labs announced its successful fundraising of $2.3 million with key investors being Republic Crypto and NGC Ventures. The fundraise…
coldsnowstorm/iStock via Getty Images It’s been a tough year for Sensient Technologies Corporation (NYSE:SXT), recognized as a leading manufacturer of colors, flavors, and specialty ingredients within the chemicals industry. Soft sales and lower earnings amid a challenging macro environment have pushed shares down more than -20% this year. The company just reported its latest quarterly…
DKosig The latest earnings results for banks include words like “record,” “outstanding,” and “doubles.” So far, 2023 has been a banner year for the sector, at least from an earnings perspective. But bank stock prices have yet to eclipse their previous highs. The KBW NASDAQ Global Bank Index, which tracks global banks, has barely grown…
Michael Fitzsimmons Buying above-average stocks at below-average prices is a good recipe for long-term success in the stock market. With the S&P 500 (SPY) hitting its all-time highs in recent days, that may seem hard to accomplish. However, it’s important to keep in mind that the Santa Claus rally that has continued leading up to…
Joint Stock Company Kaspi.kz (OTC:KSPI) Q1 2024 Earnings Conference Call April 22, 2024 8:00 AM ET Company Participants David Ferguson – Managing Director, Head of Investor RelationsMikheil Lomtadze – Co-Founder and CEO Conference Call Participants Darrin Peller – Wolfe ResearchGabor Kemeny – Autonomous ResearchJames Friedman – SIGReggie Smith – JPMorgan Operator Hello, everyone, and welcome…
pilesasmiles/iStock Unreleased via Getty Images Surf Air (NYSE:SRFM) has acquired Southern Airways and direct listed on the NYSE last week. This is a big gamble for a company with low cash levels and negative earnings. It’s also a big gamble for a retail investor like myself, which is why I’m passing on this until we…
Hilton Grand Vacations Inc. (NYSE:HGV) Q4 2023 Earnings Conference Call February 29, 2024 11:00 AM ET Company Participants Mark Melnyk – Senior Vice President, Investor Relations and G&A Mark Wang – President and Chief Executive Officer Dan Mathewes – Chief Financial Officer Conference Call Participants Patrick Scholes – Truist Securities Brandt Montour – Barclays Patrick…
Top view of laptop with text Elasticsearch, which is Elastic’s flagship data product. Maria Vonotna/iStock via Getty Images Elastic N.V. (NYSE:ESTC), often underestimated within the AI sector, boasts a stellar product. Nevertheless, following a 50% surge in price since the last earnings report, coupled with less optimistic signals from other software peers and heightened competition,…
J Studios/DigitalVision via Getty Images Come for the dividend stock picks, stay for the economic analysis. Or come for the economic analysis and stay for the stock picks. Or just read one section and skip the other. Whyever you’re here, let’s get to it. The market has given us plenty to ruminate on, both on…
Vertigo3d One of the main stories, if not the story of 2023 for the investing world, has been the advent of large language models (“LLMs”), their usage as the engine of generative AI (GenAI) and how, slowly but surely, GenAI has begun to rewrite life as we know it. Understandably, in a period of high…
The “enhanced” registration requirements will be effective from January 1, 2024. In a bid to conform to the recently finalized Markets in Crypto Assets (MiCA) regulation, France has just revised its requirements for crypto firms. The country’s financial regulator AMF revealed this on Thursday, as countries in the European Union (EU) stand in line to…
Design Cells/iStock via Getty Images CytoMed Therapeutics (NASDAQ:GDTC) CytoMed Therapeutics (GDCT, or the Company), a Singapore-based biotechnology company trading on the NASDAQ, is developing multiple gamma delta chimeric antigen receptor T-cell (“γδ CAR-T”) therapeutics for the treatment of cancer. The Company is one of many who are trying to exploit the body’s immune system to…
Torsten Asmus DEAR BARON FIFTH AVENUE GROWTH FUND SHAREHOLDER: PERFORMANCE Baron Fifth Avenue Growth Fund® (the Fund) lost 3.5% (Institutional Shares) during the third quarter, which compares to losses of 3.1% for the Russell 1000 Growth Index (R1KG) and 3.3% for the S&P 500 Index (SPX), the Fund’s primary and secondary benchmarks, respectively. Year-to-date, the…
DNY59 We previously covered Citigroup Inc. (NYSE:C) in July 2023, discussing its bright prospects thanks to TTS’ role as a crown jewel of the bank’s global network, potentially boosting its valuation moving forward. We had ended the article with a Buy rating then, attributed to its expanded forward dividend yields, thanks to its depressed stock…
mcech Which, by the way, is twice the current quarterly distribution our protagonist is paying. But let’s backtrack a bit. Office Properties Income Trust (NASDAQ:OPI) is one we have covered several times. Our thesis was that of a slowly melting ice-cube. We got that wrong. It was a rapidly melting ice-cube. We had last updated…
Sean Gallup My last article about the German insurance company and asset manager Allianz (OTCPK:ALIZF) (OTCPK:ALIZY) was published half a year ago and in the article, I argued that caution is advised in the case of Allianz. Since my last article, Allianz declined about 2.5% (the S&P 500 could increase about 4% in the same…
TFI International Inc. (NYSE:TFII) Q1 2024 Earnings Conference Call April 26, 2024 8:30 AM ET Company Participants Alain Bédard – Chairman, President & Chief Executive Officer Conference Call Participants Brian Ossenbeck – JPMorganJordan Alliger – Goldman SachsRavi Shanker – Morgan StanleyTom Wadewitz – UBSKevin Chiang – CIBCWalter Spracklin – RBC Capital MarketsKonark Gupta – Scotia…
Dimitrios Kambouris/Getty Images Entertainment The reaction by Wall Street analysts regarding a possible merger between the two media companies was largely negative. Warner Bros. shares fell 5% on the news. Shares of both Warner Bros. Discovery (NASDAQ:WBD) and Paramount Global (PARA) have performed horribly, with both down over 50% since April 2022. They have been…
UNESCO seeks to strike a balance between the benefits of GenAI and the preservation of traditional, fundamental learning experiences. UNESCO, the United Nations Educational, Scientific, and Cultural Organization, has taken a significant step in shaping the future of education by releasing its first-ever guidance on the use of Generative AI (Gen AI) for educational purposes….
The scam was reported by blockchain security analyst ZachXBT on Sunday hence resulting in Microsoft removing the fake Ledger Live application to avoid further damage. Amid the mainstream adoption of the cryptocurrency market around the world, scams directed at both novice traders and veteran investors have evolved into sophisticated methods. In the past two weeks,…
The move follows Meta’s release of its own open-sourced LLM, Llama 2, in July Alibaba Cloud, the cloud computing arm of the Chinese tech giant Alibaba Group, has introduced two open-sourced artificial intelligence (AI) language models named Gwen-7B and Gwen-7B-Chat. With each model boasting up to 7 billion parameters, the company has become the first…
In an appearance on CNBC today, the CEO of Grayscale Investments, Michael Sonnenshein, shared insights regarding the potential impact of a spot Bitcoin Exchange-Traded Fund (ETF) on the cryptocurrency market. Sonnenshein highlighted that a spot Bitcoin ETF could “unlock” around “$30 trillion worth of advised wealth.” Sonnenshein discussed the significance of introducing a spot Bitcoin…
The new Cardano Foundation-backed mobile wallet is interoperable with other blockchains and also prioritizes asset security and user privacy. Cardano (ADA) network, a leading smart contract-focused blockchain with more than $378 million in total value locked (TVL) in its decentralized financial (DeFi) protocols, has grown to a mature ecosystem despite the devastation of the 2022…
The Bitcoin Frontier Fund is introducing a groundbreaking accelerator program dedicated to companies in the Ordinals ecosystem, per a press release sent to Bitcoin Magazine. Each selected Ordinals venture will receive a $100,000 seed investment, signifying a strategic shift toward Bitcoin’s technical enhancement. The fund raised $6.95 million to support Bitcoin-focused companies — with a…
Afry Harvy U.S. stock markets ended the year strong after the Fed held interest rates steady, prompting revised expectations and signaling lower interest rates in 2024. Domestic stock markets changed little during the recent period between Index selection dates (December 14, 2023, to January 10, 2024, the “Period”). U.S. domestic markets ended 2023 on a…
asbe The Oakmark Global Fund (MUTF:OAKGX, the “Fund”) returned 26.88% for the fiscal year ended September 30, 2023, outperforming its benchmark, the MSCI World Index (net), which returned 21.95%. For the most recent quarter, the Fund returned -5.42%, compared to the benchmark’s return of -3.46%. The Fund has returned an average of 9.06% per year…
phaisarn2517 Credit event or not, I think we can all agree that geopolitical risks continue to be in a secular uptrend. Because of that, the Invesco Aerospace & Defense ETF (NYSEARCA:PPA), which seeks exposure to the aerospace and defense sectors, is probably worth a long-term allocation. No matter what happens to the economy, defense spending…
Thomas Barwick/DigitalVision via Getty Images “There are windows of time where opportunities emerge. You must capitalize on these opportunities when that window presents itself.” -Jason Robins During the quarter, we hosted Jason Robins, CEO and co-founder of DraftKings (DKNG), as a guest in our Peak Insights series. Throughout this series, we have held in-depth conversations…
Mananya Kaewthawee/iStock via Getty Images On July 27, before the market opened, Bristol-Myers Squibb (NYSE:BMY) released its Q2 2023 financial results, which, while failing to beat analysts’ expectations, were able to demonstrate that demand for Yervoy, Opdualag, and Breyanzi is growing faster than many on Wall Street expected. On the other hand, sales of mega-blockbusters…
AdrianHancu Introduction I previously covered Societe Generale’s (OTCPK:SCGLF) Investor Day back in September 2023 where I argued that despite a lower profitability target compared to peers such as BNP Paribas (OTCQX:BNPQF) and Credit Agricole (OTCPK:CRARF), Societe Generale still made sense as an investment due to its lower valuation. Since then both SocGen and BNP have…
Largo Inc. (NASDAQ:LGO) Q4 2023 Earnings Conference Call March 22, 2024 1:00 PM ET Company Participants Alex Guthrie – Senior Manager, External RelationsDaniel Tellechea – Interim Chief Executive Officer and DirectorErnest Cleave – Chief Financial OfficerPaul Vollant – Chief Commercial OfficerFrancesco D’Alessio – President of Largo Clean Energy Conference Call Participants Heiko Ihle – H.C….
Alexander Farnsworth/iStock Editorial via Getty Images Dear readers/followers, I’ve covered Boliden (OTCPK:BDNNY) a few times previously. I realize these articles are mostly underfollowed – but given that I’ve managed to get something of a 100%+ RoR from this company previously, I consider it valuable to continue covering it to be able to guide you when…
Tanger Factory Outlet Centers, Inc. (NYSE:SKT) Q3 2023 Earnings Conference Call November 7, 2023 8:30 AM ET Company Participants Ashley Curtis – Assistant VP, IR Steven Tanger – Executive Chair Stephen Yalof – Director, President and Chief Executive Officer Michael Bilerman – Executive Vice President and Chief Financial Officer Leslie Swanson – Executive Vice President,…
sanfel The CY-Q3 Earnings Season for the restaurant sector has begun, and while it’s been a mixed start so far for casual dining with Dine Brands (DIN) disappointing, Brinker International (NYSE:EAT) was an exception. Not only did the company meet its expectations and enjoy its fourth consecutive quarter of outperformance vs. the industry at its…
Nordea Bank Abp (OTCQX:NRDBY) Q4 2023 Earnings Conference Call February 5, 2024 4:00 AM ET Company Participants Ilkka Ottoila – Head of Investor Relations Frank Vang-Jensen – President and Chief Executive Officer Ian Smith – Group Chief Financial Officer Conference Call Participants Magnus Andersson – ABGSC Andreas Hakansson – SEB Namita Samtani – Barclays Sofie…
This week, the decision from the Fed regarding interest rates and inflation statements for November will be released. These are both expected to trigger market volatility. As the year wraps up, Bloomberg is predicting that several key events this week will lead to increased stock market volatility. The first of these is the decision by…
JillianCain Lowe’s (NYSE:LOW) operates in the home improvement industry, a sector that will experience several long-term tailwinds. Its economies of scale help the business offer the greatest value proposition among competitors. With great management aligned with shareholders and a fair valuation, I think Lowe’s is a great business to include in many portfolios. Business Model…
Michael Kovac/Getty Images Entertainment Gary Friedman: A Controversial Figure We have followed RH (NYSE:RH) for several years now. For those interested in RH, it is important to follow Gary Friedman, the company’s CEO and Chairman. Friedman is a controversial figure. He had a strong resume, having previously served brands like Williams-Sonoma (WSM) and Pottery Barn,…
manassanant pamai It feels like the late 1980s again. Not because I’m wearing Reebok high top sneakers, Guess jeans and Esprit jackets or listening to Men at Work and Yes, but because there’s a lot of excitement around Japan’s economy – and Japanese equities have experienced a strong rally over the past year.1 Is this…
Just_Super Elevator Pitch Ganfeng Lithium Group Co., Ltd. (OTCPK:GNENF) [1772:HK] shares are assigned a Hold investment rating. I wrote about Ganfeng Lithium’s near-term woes pertaining to lithium price weakness and its vertical integration approach for the long run in my November 12, 2023 article. With the current update, I draw attention to GNENF’s recently disclosed…
A court has frozen the assets of the Three Arrows Capital founders. The company owes $3.3 billion to creditors and filed for bankruptcy after the collapse of the Terra ecosystem last year. One of the most notable events in the crypto industry last year was the collapse of the Terra ecosystem. After Terra failed, many…
SmileStudioAP/iStock via Getty Images The humble t-bill has become one of the most popular investments in recent years, as Federal Reserve hikes have caused yields to spike to 5.3%, highest in decades. Few asset classes yield as much as t-bills, fewer have comparable risk and volatility. Although t-bills are fantastic investments for short-term investors looking…
tadamichi By Seema Shah, Chief Global Strategist Global equity valuations are stretched, characterized by the U.S., Europe and Japan all sitting at or near record highs. However, amidst the elevated valuations, pockets of opportunity are emerging – especially within U.S. small-caps, buoyed by favorable economic conditions, and in Latin America, where compelling valuations align with…
John Kevin Investment thesis My first bearish thesis about the SPDR S&P 500 ETF (NYSEARCA:SPY) did not age well, since the ETF rallied by almost 18% since late October. I am a mentally healthy person and will unlikely ever bet against the largest U.S. corporations from a long-term perspective. Still, I expected a temporary pullback…
Max Zolotukhin As we head toward the end of yet another year of unexpected twists-and-turns, it is important for investors to stay the course and keep focused on the long-term. With that in mind, and from my perspective as a 15-year contributor on Seeking Alpha, there are three primary mistakes the majority of ordinary investors…
akiyoko/iStock via Getty Images Just over 2 years ago, Stone Fox Capital warned investors that Apple (NASDAQ:AAPL) was dead money for up to 4 years. The stock of the tech giant was set to struggle with the strong new product development needed to warrant the current price at the time, much less higher prices over…
Justin Sullivan Sneaker and athletic-wear retailer, Foot Locker (NYSE:FL), just reported Q3 results that came in above expectations. Prior to the release, shares in FL were down nearly 40% YTD. The stronger than expected showing in Q3 provided some reprieve to shares that have been under heavy pressure all year. In prior coverage following the…