Nintendo’s flagship Switch games console series remains a dominant force in the gaming industry. Nintendo Co Ltd (TYO: 7974), the legendary Japanese gaming company has once again proven its prowess by reporting a significant surge in revenue and operating profit for the June quarter. This incredible achievement can be ascribed to the popularity of both…
jewhyte Microsoft’s (NASDAQ:MSFT) stock has slightly underperformed the S&P 500 (SPX) since my previous update (Hold rating) in late April 2023. Late buyers chased it toward its July high of about $367 before sellers forced a decisive selloff. As such, MSFT has retraced more than 10% toward yesterday’s (August 2) close. MSFT has lost upward…
Shiba Inu is gearing up for the mainnet launch of Shibarium scheduled ahead of this month at the upcoming Blockchain Futuristic Conference. Shiba Inu has become more than just a memecoin with developers working on several interesting projects aimed at expanding the Shiba Inu ecosystem. In order to further strengthen trust among SHIB users and…
sankai Listen below or on the go via Apple Podcasts or Spotify. Avi Gilburt runs The Market Pinball Wizard. Today he discusses the metal market’s 3rd wave setup and possible melt-up (1:00), potential for multi-year rally in oil (6:25) and the bond market’s surprising length of consolidation, with a rally still expected (7:50). This is…
TASE’s strategic partnership with Fireblocks comes as the result of a broader vision set forth by the stock exchange. The Tel Aviv Stock Exchange (TASE) has unveiled a significant infrastructure partnership with Fireblocks, a leading platform for secure digital asset management. This collaboration, announced earlier this week underscores TASE’s commitment to embracing the digital revolution…
Stefonlinton The recent bankruptcy of Yellow Corporation (YELL) has raised a red flag across the North American freight industry. There are many causes for the company’s failure, some of which are macroeconomic, while others are specific to the enterprise. The company’s primary issue was its excess debt level and its difficulty in maintaining profit margins…
Tether, the company behind the world’s most popular stablecoin USDT, acquired 1,529 bitcoin in the second quarter of 2023. Paolo Ardoino, the company’s CTO, confirmed the purchase to Bitcoin Magazine. According to the executive, Tether paid roughly $45.4 million to add the BTC to its balance sheet. The purchase confirms the company is following the…
RiverRockPhotos Southern Copper Corporation (NYSE:SCCO) has demonstrated strong performance this year, marked by a more than 35% increase in its stock price year-to-date, fuelled in part by the recovery in copper prices. With the largest copper reserves among listed companies and a significant dependence on copper mining for earnings, Southern Copper is well-positioned to capitalize…
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…
Filmstax/iStock via Getty Images Rapid Call A couple of months back in my prior analysis on Upwork (NASDAQ:UPWK), I stated, […] from the highs set in the past 12 months, this stock has fallen by more than 60%. Yes, there are plenty of issues facing Upwork. I will not declare otherwise. But what I will…
While Hawaii and California are the most expensive, doxo also found that West Virginia and Mississippi are the least costliest US states. All-in-one bill payment service doxo has released a report ranking the most and least expensive states in the US. The report includes details of average household bills in individual US states. According to…
Mohammed Haneefa Nizamudeen Shares of precision cancer medicine developer Black Diamond Therapeutics (NASDAQ:BDTX) have lost over three-quarters of their value since IPO was priced at $19 in 2020. However, they are up 94% so far in 2023 after the company posted a positive data update in June for lead drug candidate BDTX-1535 in advanced non-small…
This is an opinion editorial by BitcoinActuary, an actuary based in the U.K. I’ve recently returned from spending a long weekend with around 200,000 others at one of the loves of my life, Glastonbury Festival. The 2023 version of this annual music festival was peppered with sets from big name acts — Elton John, Guns…
OliverChilds The Value To Growth Transition Sometimes a value stock with a low to average P/E ratio turns into a growth stock because management had the foresight to reposition the company to take advantage of secular trends. That appears to be the case with Eaton Corp. (NYSE:ETN) based on the stock performance this year. I…
The attorneys claimed that FTX Dubai has a solvent balance sheet. Troubled crypto exchange FTXÂ plans to remove its Dubai subsidiary from ongoing bankruptcy proceedings in the United States, Coindesk reported on Thursday, citing a recent court filing on August 3. When the exchange filed for bankruptcy last year, it initiated Chapter 11 cases for 102…
Anthony Bradshaw A Buy Rating for Skeena Resources Limited This analysis reiterates the previous Buy recommendation rating for the stock in Skeena Resources Limited (NYSE:SKE) as the outlook for gold prices offers significant upside and the stock in this Canadian precious metals explorer and developer appears to be above the median among the ways to…
Despite China’s strict ban on cryptocurrency transactions, Hong Kong has taken a different approach, welcoming cryptocurrency firms and even encouraging banks to work with them. The HashKey exchange has made history as the first company in Hong Kong to secure a license under the new regulatory framework that enables crypto trading platforms to cater to…
Last week saw the first round of results from the Big Tech giants, with accelerating growth at Google (GOOG, GOOGL), Meta’s (META) focus on artificial intelligence, and worries about capex at Microsoft (MSFT). Up next are the quarterly numbers from Apple (AAPL) and Amazon (AMZN), which will arrive after today’s closing bell. Investors and economists…
In reaction to the Fitch Ratings downgrade, the JPMorgan CEO said that “it doesn’t really matter that much.” JPMorgan Chase (NYSE: JPM) CEO Jamie Dimon has reacted to the Fitch Ratings downgrade of the United States’ long-term credit rating. Credit rating agency Fitch Ratings recently downgraded the US long-term foreign-currency issuer default rating from AAA to AA+….
Prykhodov Listen below or on the go on Apple Podcasts and Spotify Apple (AAPL) Q3 preview: iPhone, India and AI all in focus. (00:34) Amazon (AMZN) analysts upbeat on upcoming results: Earnings preview. (01:28) JPMorgan CEO Jamie Dimon says Fitch U.S. ratings downgrade is `ridiculous’. (02:25) This is an abridged transcript of the podcast. Apple…
Space and Time’s Proof of SQL aims to inject a new layer of credibility into the data sources used for training LLMs. In an era where decentralized technologies are reshaping industries and empowering innovation, Space and Time, a Web 3.0 startup, has emerged as a pioneering force in the field of decentralized data solutions. Per…
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…
BlockFi’s eligible creditors can expect to receive a comprehensive Solicitation Package containing all the essential information for voting on the plan. Beleaguered cryptocurrency lending company, BlockFi, has obtained conditional approval to proceed with its restructuring plan. On August 2, the United States Bankruptcy Court for the District of New Jersey partially approved the company’s disclosure…
Userba011d64_201/iStock via Getty Images Volatility Is A Normal Part of All Trends The S&P 500 (SPX) gained a lot of ground after a May 30 article noted multiple-sector strength says S&P 500 could move higher. All trends have countertrend moves, which means red days/givebacks are normal and to be expected. CCM / Stockcharts.com Distracted By…
Beeple went for one of the rarest punks in the collection. Mike Winkelmann, popularly known as Beeple, has bought his first-ever profile-picture (PFP) non-fungible token (NFT). Beeple is well-known in the NFT community. That is particularly because of his reputation as the creator of the second most expensive NFT ever sold. However, he “never actually…
Ignatiev Thesis IQVIA Holdings Inc. (NYSE:NYSE:IQV) has demonstrated impressive growth in diverse segments of its operations during the second quarter by reporting non-GAAP EPS of $2.43 that beat by $0.06, and revenue of $3.73B that beat by $20M. This analysis argues that with a solid financial position, a record-high backlog, and favorable market conditions, IQVIA…
Despite the revenue loss, Robinhood recorded a total net revenue of $468 million. While Robinhood (NASDAQ: HOOD) achieved profits in Q2 2023, the company recorded declines in its crypto revenue. The online trading platform released its second-quarter earnings results on August 2nd, noting its first time recording profits since going public in the quarter. Per…
pcess609/iStock via Getty Images Coursera (NYSE:COUR) is an online educational platform providing online courses like data science, computer science, language learning, social sciences, project management, and certification education. COUR recently posted its Q2 FY23 results. In this report, I will analyze its quarterly results. I believe it is overvalued, and the stock is at a…
Irina Gelwich/iStock Editorial via Getty Images After analyzing Enagás Q2 results (OTCPK:ENGGF, OTCPK:ENGGY), we are back to providing new insight. At the Lab, we are Enagás’ investors with skin in the game; however, we are no longer bullish on the company’s potential upside. We were first believers in Enagás’s Crucial Role In The EU Energy…
Sundry Photography Introduction Enphase (NASDAQ:ENPH) is one of the most popular growth stocks today and is also one of the best-performing stocks in the last five years, returning more than 2,500% to shareholders. Data by YCharts But recently, Enphase released its Q2 earnings results which sent the stock crashing and the stock is now down…
your_photo Investment action I recommended a buy rating for Juniper Networks (NYSE:JNPR) when I wrote about it the last time, as I expected order growth to come in strong in the coming quarters and FY24. The decrease in orders was primarily due to tough competition in the previous period. Based on my current outlook and…
metamorworks Reviewing Tenable: a leader in ‘Cyber Exposure’ technology Cyber-Exposure is perhaps not the best sounding tag lines I have ever seen in the IT space. The company uses that phrase as shorthand for what it does. It is better described as the leader in the Vulnerability Management space and that is a decent position…
LaylaBird/E+ via Getty Images Investment Thesis Lululemon Athletica Inc.’s (NASDAQ:LULU) brand continues to have a strong presence both domestically and internationally, presenting untapped opportunities. The company’s robust growth is supported by various factors, including untapped international markets, significant growth in the men’s segment, expansion into new product categories like personal care and footwear, and the…
PC Connection, Inc. (NASDAQ:CNXN) Q2 2023 Earnings Conference Call August 2, 2023 5:00 PM ET Company Participants Samantha Smith – Investor Relations Tim McGrath – President and Chief Executive Officer Tom Baker – Chief Financial Officer Conference Call Participants Anthony Lebiedzinski – Sidoti Operator Good day and thank you for standing by. Welcome to the…
John Moore Shares of Standard Lithium (NYSE:SLI) have gained 24.71% since my last article on the company in March 2023 against the S&P 500 at +16.13%. Over the past year, SLI has dropped 20.95% (YoY) but it is up 52.82% (YTD). According to me, the share price has remained resilient (surging 60.77% above the 52-week…
RichVintage In this article I will cover an actively managed fund that has a great track record of outperforming its indices, strong management, good history of solid distributions and enjoys a decent valuation. This fund could be a good addition to many people’s portfolios especially if they are looking into diversification into smaller stocks. Royce…
Boot Barn Holdings, Inc. (NYSE:BOOT) Q1 2024 Earnings Conference Call August 2, 2023 4:30 PM ET Company Participants Mark Dedovesh – Senior Vice President of Investor Relations and Financial Planning Jim Conroy – President and Chief Executive Officer Jim Watkins – Chief Financial Officer Conference Call Participants Matthew Boss – JPMorgan Steven Zaccone – Citi…
Envista Holdings Corporation (NYSE:NVST) Q2 2023 Earnings Conference Call August 2, 2023 5:00 PM ET Company Participants Stephen Keller – Vice President, Investor Relations Amir Aghdaei – President and CEO Howard Yu – Chief Financial Officer Conference Call Participants Elizabeth Anderson – Evercore ISI Michael Cherny – Bank of America Jeff Johnson – Baird Brandon…
Gibraltar Industries, Inc. (NASDAQ:ROCK) Q2 2023 Results Conference Call August 2, 2023 9:00 AM ET Company Participants Carolyn Capaccio – LHA, IR Bill Bosway – Chairman, President and CEO Tim Murphy – CFO Conference Call Participants Pete Lukas – CJS Securities Walter Liptak – Seaport Global Securities Operator Greetings, and welcome to the Gibraltar Industries…
Leslie’s, Inc. (NASDAQ:LESL) Q3 2023 Earnings Conference Call August 2, 2023 4:30 PM ET Company Participants Caitlin Churchill – IR Mike Egeck – CEO Steve Weddell – CFO Scott Bowman – CFO Designate Conference Call Participants Simeon Gutman – Morgan Stanley Steven Forbes – Guggenheim Securities Ryan Merkel – William Blair Dana Telsey – Telsey…
Encore Capital Group, Inc. (NASDAQ:ECPG) Q2 2023 Earnings Conference Call August 2, 2023 5:00 PM ET Company Participants Bruce Thomas – VP, Global IR Ashish Masih – President and CEO Jonathan Clark – EVP and CFO Ryan Bell – President, Midland Credit Management Conference Call Participants Mark Hughes – Trust Securities John Rowan – Janney…
TriplePoint Venture Growth (NYSE:TPVG) Q2 2023 Earnings Conference Call August 2, 2023 5:00 PM ET Company Participants Jim Labe – Chief Executive Officer & Chairman Sajal Srivastava – President & Chief Investment Officer Chris Mathieu – Chief Financial Officer Conference Call Participants Crispin Love – Piper Sandler Vilas Abraham – UBS Casey Alexander – Compass…
Bandwidth Inc. (NASDAQ:BAND) Q2 2023 Earnings Conference Call August 2, 2023 5:00 PM ET Company Participants Sarah Walas – Vice President of Investor Relations David Morken – Co-Founder, Chief Executive Officer & Chairman Daryl Raiford – Executive Vice President & Chief Financial Officer Conference Call Participants Ryan MacWilliams – Barclays Meta Marshall – Morgan Stanley…
D. Lentz Introduction We analyzed Constellium (NYSE:CSTM) on this platform during late 2021 in a deep dive article that was named Top Idea. While shares are only up 5% since that article was published, in large part due to the unforeseen deteriorating macroeconomic environment with hyperinflation. However, year-to-date, the stock is up more than 50%,…
DoorDash, Inc. (NYSE:DASH) Q2 2023 Earnings Conference Call August 2, 2023 5:00 PM ET Company Participants Andy Hargreaves – Vice President, Finance and Investor Relations Tony Xu – Co-Founder, Chair and CEO Ravi Inukonda – Chief Financial Officer Conference Call Participants Deepak Mathivanan – Wolfe Research Mark Mahaney – Evercore ISI Nikhil Devnani – Bernstein…
Douglas Rissing In mid-August, InterCure (NASDAQ:NASDAQ:INCR), one of the leaders in the global medical cannabis market and one of its largest producers in Israel, will publish financial results for the 2nd quarter of 2023. According to the Ministry of Health, the consumption of medical cannabis in Israel rose to 4.88 tons in June 2023 from…
Universal Corporation (NYSE:UVV) Q1 2024 Earnings Conference Call August 2, 2023 5:00 PM ET Company Participants Jennifer Rowe – AVP George Freeman – Chairman, President and CEO Airton Hentschke – COO Johan Kroner – CFO Conference Call Participants Ann Gurkin – Davenport Operator Good afternoon, ladies and gentlemen, and welcome to the Universal Corporation First…
TTM Technologies, Inc. (NASDAQ:TTMI) Q2 2023 Earnings Conference Call August 2, 2023 1:00 PM ET Company Participants Sameer Desai – Senior Director, Corporate Development & IR Thomas Edman – President and CEO Todd Schull – EVP and CFO Conference Call Participants William Stein – Truist Securities Matt Sheerin – Stifel Griffin Boss – B. Riley…
Phiromya Intawongpan GDEV Inc. (NASDAQ:GDEV) is the owner of the Hero Wars video game, and recently reported positive FCF as well as double digit paying users and active users growth. In my view, as soon as market participants review the recent corporate developments, and understand the potential growth of GDEV, we may see growing demand…
urbazon One of the great things about buying value stocks is that you don’t necessarily need financial performance of those businesses to be all that special in order for the market to eventually realize that shares are underpriced. A great example of this can be seen by looking at Matthews International (NASDAQ:MATW). Since I wrote…