Following the announcement of the sneakers collection, VeeFriends unveiled a special early access program for its token holders. In what is fast becoming an ongoing collaboration, Reebok has partnered with VeeFriends again to launch an exclusive collection of sneakers dubbed Accountable Ant Classic Nylons. Earlier in August, the duo partnered to launch the VeeFriends Aspiring…
Today in my series called “things people following Bitcoin for the last 13 years have already figured out but I’m presenting as a brand new epiphany”, I wanted to write about a revelation about Bitcoin’s adoption, standardization, and normalization I had this past week. While thinking about what it would take for Bitcoin to receive…
andresr/E+ via Getty Images While most tech stocks have seen a renewed bull rally over the past week as interest rate fears have subsided, Zillow (NASDAQ:Z) has gone the opposite way. The leading online real estate database fell sharply after reporting Q3 results, bringing YTD gains to just over 10% – below the performance of…
Walmart Inc. (NYSE:WMT) Q4 2023 Earnings Conference Call February 20, 2024 8:00 AM ET Company Participants Steph Wissink – SVP, IR Doug McMillon – CEO John David Rainey – CFO John Furner – President and CEO, Walmart U.S. Kathryn McLay – President and CEO, Walmart International Chris Nicholas – President & CEO, Sam’s Club Conference…
The announcement of this landmark deal follows a recent report which hinted at the two companies’ progress toward an agreement. Since that report, Pioneer shares have surged by over 10%. ExxonMobil Corp (NYSE: XOM) has announced its agreement to acquire shale rival Pioneer Natural Resources Co (NYSE: PXD) for a staggering $59.5 billion in an…
RichVintage The S&P 500’s (SPY) nearly daily march higher since Oct. 30, 2023, frustrated perpetual bears. Investors who bought puts to either bet against the market or hedge its rise are at a disadvantage. Those who earned as much as 5.6% in risk-free money market funds are similarly unhappy. Yields on Schwabb’s Value Advantage Money…
Egorych/E+ via Getty Images L3Harris Technologies (NYSE:LHX) is well-positioned to benefit from increased global defense spending amid geopolitical tensions, shows strong growth in its Space and Airborne Systems segment, is reducing debt and targeting significant organic growth and free cash flow, and is undervalued compared to peers, offering an attractive investment opportunity. A recent investor…
champja/iStock via Getty Images Investment Thesis Atlassian Corporation (NASDAQ:TEAM) helps teams work together more effectively. Their software products, like Jira and Confluence, are used for project management and collaboration. Atlassian’s platform helps businesses streamline their workflow and improve productivity by providing solutions for organizing tasks, and sharing information, and tracking progress on projects. It’s a…
The Web3 platform ZTX achieved a record-breaking sale of 4,000 Genesis Homes NFTs, showcasing enthusiasm for the metaverse despite a bearish NFT market. The Web3 platform focused on the metaverse ZTX backed by Jump Crypto, achieved a record-breaking sale of its inaugural collection of 4,000 Genesis Homes NFTs, despite the current bearish NFT market. According…
We Are By Nelson Yu With inflation and interest rates in transition, it’s time to take a fresh look at the forces driving business models, profitability and equity returns. Equity investors are struggling to adapt to evolving market and macroeconomic conditions after years of low inflation and zero interest rate policies. Overcoming higher hurdles to…
10’000 Hours/DigitalVision via Getty Images Investment Thesis CSP Inc (NASDAQ:NASDAQ:CSPI) has seen a massive rally over the past few years, up over 200% giving investors massive gains if they got in early. However at today’s prices, I believe the valuation is excessive and recommend a sell rating because all of the growth prospects seem to…
(NASHVILLE, TN – January 30th, 2024) Bitcoin Magazine, in collaboration with Kraken Digital Asset Exchange, is excited to unveil the 2024 Bitcoin Halving Livestream. This celebration, akin to a New Year’s Eve variety show and featuring bitcoin’s biggest names, is dedicated to marking the fourth epoch in Bitcoin’s history. Broadcasting live from Nashville, Tennessee, the…
metamorworks Investment Thesis Impinj (NASDAQ:PI) operates an innovative platform for wirelessly connecting billions of everyday items to the cloud, helping businesses track and analyze physical items to gain operational efficiencies. With leading market share in RAIN RFID technology, a large patent portfolio, and secular growth tailwinds from supply chain digitization, Impinj possesses exciting long-term potential….
Hispanolistic Oakmark Select Fund – Investor Class Average Annual Total Returns 12/31/23. Since Inception 11/01/96 11.80% 10-year 8.86% 5-year 15.94% 1-year 43.00% 3-month 14.61% Expense Ratio: 0.98% Expense ratios are from the Fund’s most recent prospectus dated January 28, 2023; actual expenses may vary. Past performance is no guarantee of future results. The performance data…
Alfribeiro Since my previous article on Suzano S.A. (NYSE:SUZ), the leader in the pulp and paper industry, the company has released its second-quarter 2023 results. Additionally, the Brazilian central bank cut its benchmark interest rate by half a percentage point on August 2 and repeated the action on September 20, indicating the start of a…
Wirestock/iStock via Getty Images We present our note on Symrise (OTCPK:SYIEF) (OTCPK:SYIEY), a global diversified chemical manufacturer with a top three market position in the flavor and fragrances industry. The recent share price performance has been underwhelming as a result of disappointing quarterly prints, concerns around organic sales growth and margins, and a recently launched…
Metso Oyj (OTCPK:OUKPF) Q3 2023 Earnings Call Transcript October 27, 2023 6:00 AM ET Company Participants Juha Rouhiainen – VP, IR Pekka Vauramo – President & CEO Eeva Sipila – CFO Conference Call Participants Klas Bergelind – Citi Max Yates – Morgan Stanley Antti Kansanen – SEB Christian Hinderaker – Goldman Sachs Andrew Wilson –…
Although the price spikes following the Fed announcement cleared recent bearish drawdowns and provided support levels, uncertainty remains over the sustainability of the increases. The prices of major cryptocurrencies, including Cardano (ADA) and Solana (SOL), have seen fluctuations around the latest Federal Reserve announcement on interest rates. On December 13th, 2023, the Fed decided to…
Pfizer Inc. (NYSE:PFE) Cantor Fitzgerald Annual Global Health Conference Call September 26, 2023 3:30 PM ET Company Participants Albert Bourla – Chairman & CEO Conference Call Participants Louise Chen – Cantor Fitzgerald Louise Chen All right. Good day, everybody. Thank you for joining us for our keynote address with the Chairman and CEO of Pfizer,…
franckreporter This year’s most significant market trend is likely the collapse of many office REITs. Top office REIT indices remain around the same levels they crashed to during the 2008 recession. Vornado (VNO), a prominent New York office REIT, is racing to sell numerous properties in an effort to improve waning liquidity levels. Currently, all…
borzaya/iStock via Getty Images To Our Clients and Friends: For the fourth quarter and year ended December 31, 2023, the Giverny Capital Asset Management model portfolio, which is a Poppe family account 1, performed as follows 2: GCAM Performance Quarter ending Year-to- date ending One-year ending Three years ending *Annualized Since Inception 12/31/2023 12/31/2023 12/31/2023…
da-kuk The key surprise out of China in recent weeks was the lack of policy stimulus, with the latest series of rate cuts falling well short of lowered expectations. And with almost all of last month’s economic data already missing expectations by a considerable margin, China’s path toward hitting its +5% growth target this year…
LPETTET Introduction When an investor thinks about real estate in Nevada, especially on the Las Vegas Strip, VICI Properties Inc. (VICI) is often the name that comes to mind. The REIT is very popular here on Seeking Alpha, and I’m a big fan of the company myself. I’ve published a few articles on the stock,…
Ryan McVay/DigitalVision via Getty Images The month of May has been a blockbuster so far for the bulls, as the major market indexes erase the April showers that shed more than 5% off the S&P 500 from its all-time high. Corporate earnings reports continue to impress, the dollar has started to weaken again, and both…
Gajus We previously covered AbbVie Inc. (NYSE:ABBV) in October 2023, discussing its mixed prospects as Humira’s revenue erosion may further worsen with the US FDA approval of two directly interchangeable biosimilars. Combined with the stock’s sideways movement over the past few quarters, we believe that the stock offers a mixed growth/ dividend investment story until…
scyther5 By Eric Winograd Recession? Soft Landing? Getting a read on where the US economy is headed hasn’t been easy. When it comes to the US economy today, what you see depends on where you look. Business sentiment indicators suggest recession is imminent, while consumers seem to have a much sunnier outlook. What’s all this…
We Are In Q1 2024, our consumers spent very vigorously on services at the fastest growth rate since 2021, adjusted for inflation, but not so vigorously on goods. And private fixed investment jumped at the fastest rate in two years. But dragging on GDP were the trade deficit, which worsened sharply on a majestic surge…
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. As the Argentine economy is racked by record inflation, its people are turning to Bitcoin as…
SlavkoSereda/iStock via Getty Images It’s amazing how quickly things can change in the financial markets. Just a month ago, I cautioned that shares of Colombian glass and window manufacturer Tecnoglass (NYSE:TGLS) appeared to be fully valued ahead of a potential slowdown in the construction industry. Shares have since gotten walloped, with the stock dropping a…
As a Democratic-affiliated SEC Commissioner, Gary Gensler has shifted his regulatory role to a politician seeking to be appointed as Treasury Secretary according to some Congressmen. The nomination of the 33rd Chair of the United States Securities and Exchange Commission (SEC), Gary Gensler on April 17, 2021, was viewed as a huge relief in the…
simon2579/E+ via Getty Images Thesis On (NYSE:ONON) currently fulfills all the desires of an investor straight out of a textbook, exhibiting outstanding profitable growth. Following the playbook of Nike (NKE) in certain ways, On might just be the fresher brand, and with its premium strategy, has the potential to become a serious threat to the…
da-kuk An acquaintance of mine asked for my opinion on Riot Platforms (NASDAQ:RIOT), a company whose primary operation is mining Bitcoin (BTC-USD) for sale. I’ve avoided dabbling in cryptocurrencies and anything related to it so far. In short, I’ve yet to see the appeal to an investor with a long-term horizon. One of the advantages…
Jonathan Kitchen Introduction For about a year now I’ve been trading 3X-leveraged UPRO with tail-risk hedges using XSP options. That combination offers unique advantages which will be explained here. Let’s be clear about the “tail risk” concept. The goal is to constrain worst-case losses, or to state a more statistical objective, constrain 98%-confidence losses. Tail-risk…
FatCamera/E+ via Getty Images Investment thesis CareTrust (NYSE:CTRE) has a solid track record of success with 18% rental revenue CAGR over the last decade and the operating margin doubling as the business scaled up. The company is benefiting from the secular demographic trend of the rapidly aging U.S. population and the ability to capture secular…
alexsl I have been covering MorphoSys AG (NASDAQ:MOR) for years. In 2019, I began coverage of the U.S. IPO-ed company, noting the extensive pipeline, the strong research prowess, and the major partnering deals of this emerging European giant. However, over the years, MorphoSys has disappointed – it is still a major R&D powerhouse, and it…
Altman’s return could have far-reaching implications for OpenAI’s strategic direction. His previous tenure with the organization saw a strong emphasis on collaboration and partnerships with industry leaders. OpenAI has made a swift turnaround in its leadership decisions, announcing an agreement in principle for Sam Altman’s return as CEO. The announcement, made earlier today via a…
Douglas Rissing In keeping with my running commentary on bonds, thought to write an article focusing on treasuries. Since I last wrote about treasuries last year, returns have been mediocre as yields have risen. Moving forward, likely Federal Reserve cuts should put pressure on yields, which might lead to some short-term capital gains for treasuries,…
Justin Sullivan Nvidia Corporation (NASDAQ:NVDA) is undoubtedly valued unappealingly. However, the financials, growth and operations of the company are compelling. Amid concerns of a slowdown in artificial intelligence (“AI”) growth, I wanted to have a look to see if this was a company worth holding onto or if the elite valuation is too much. High…
yodiyim/iStock via Getty Images The stock market has been acting strange for the last 2-3 weeks The truth is, the market has been acting strange for longer than that. We have seen the volatility index trading under 15 for weeks, yet in the last 2 weeks, we are in a range from 16 to almost…
The “bitcoin uses fossil fuels” argument has been increasingly breaking down in the face of new data from Bloomberg Intelligence showing the network is in fact the most sustainable-energy backed industry on the planet with 53% energy coming from sustainable sources. In response to this news, a new attack vector has emerged: “Bitcoin uses too…
Tibrina Hobson/Getty Images Entertainment With interest rate fears (at least temporarily) quelling, investors have dared to be hopeful again. The past week has brought a substantial rally to growth stocks, which in some cases was also well-timed with very strong earnings releases. DoorDash (NASDAQ:DASH), the takeout delivery app that competes alongside UberEats (UBER), Postmates, and…
buzbuzzer CrossAmerica Partners LP (NYSE:CAPL) is a limited partnership that conducts business with distribution of fuels to gas stations as its main business and the company also has a side business that owns or operates convenience stores, most of which are located within fuel centers such as major gas stations. This can be a solid…
Ian Tuttle The biggest issue facing Roblox Corporation (NYSE:RBLX) entering Q2 2023 earnings was the elevated stock valuation. The mobile gaming platform is back to growth mode following the Covid volatility, but the market is now too worried about elevated investments in the future. My investment thesis is far more Bullish on the stock after…
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 –…
Evgenii Kovalev/E+ via Getty Images Investment Thesis The field of gene therapies and gene editing technology is the field of the future, but it is still in its infancy. CRISPR Therapeutics (NASDAQ:CRSP) has been a pioneer in this field, where scientists, for the first time ever, could be able to cure diseases and illnesses such…
Matteo Colombo Goldman Sachs (NYSE:GS) has missed its earnings estimates putting downward pressure on its stock. While it doesn’t happen often, in the past two years the company has missed 3 times and beat by 5 times. The company had EPS of $3.08 in Q2 2023 much less than the consensus estimate of $4.04 and…
JuSun Not all stocks are created equal, with each having varying degrees of risk depending on valuation, asset class, management acumen, and the list goes on. While it may be tempting to catch high-fliers like Nvidia (NVDA), one must be willing to stomach valuation risk based on high future expectations while getting paid little to…
bombermoon/iStock via Getty Images When I last wrote about TG Therapeutics, Inc. (NASDAQ:TGTX) in November, I rated the company a buy based on the sales numbers from the company’s multiple sclerosis drug, Briumvi. I also noted the potential for the stock to fill a gap in the chart back to $20. The name did indeed…
3D Graphic Design/iStock via Getty Images Introduction I’m sure I speak for everyone when I say we all love a good sale. Especially when some of your favorite stocks are selling at a discount. With interest rates remaining high for the foreseeable future, it’s not easy finding quality business development companies trading at attractive valuations….
Jack Taylor Summary This post is to provide an update on my thoughts on Monster Beverage’s (NASDAQ:MNST) recent performance and 2Q23 results. I recommend a buy rating for MNST as I expect earnings growth to remain strong in the low 20% range, supporting its valuation premium vs. peers. Investment thesis The 12.1% increase in revenue…