BlackRock’s spot Bitcoin exchange-traded fund (ETF) is poised to make its debut in Brazil tomorrow, according to a report from the largest financial market news platform in Brazil, InfoMoney. The launch follows the announcement by BlackRock that the Brazilian Depositary Receipts (BDRs) of its iShares Bitcoin Trust ETF (IBIT39) will begin trading on B3, Brazil’s stock exchange,…
Sirius XM Holdings Inc. (NASDAQ:SIRI) Q2 2023 Earnings Conference Call August 1, 2023 8:00 AM ET Company Participants Hooper Stevens – SVP-IR and Finance Jennifer Witz – CEO Tom Berry – CFO Scott Greenstein – President and Chief Content Officer Conference Call Participants Steven Cahall – Wells Fargo Jessica Reif Ehrlich – Bank of America…
Cristian Martin Pampa Energia (NYSE:PAM) is one of the leading Argentinian energy companies, with operations spanning generation, petrochemicals, natural gas extraction, and the gas and electricity transportation networks. I wrote about PAMP in March 2023 (buy), and January 2022 (hold). These articles contain a more detailed revision of PAM’s operations. In the March 2023 article,…
AI and Bitcoin companies are teaming up to host the Ai4ALL Hackathon, a month-long event aimed at democratizing artificial intelligence with the help of Bitcoin, Lightning and Fedimint. Organized by Fedi and Stak, the hackathon will take place remotely on the BOLT.FUN and Replit platforms from July 1 to July 31, 2023. Participants will have…
Lisk decided to leverage the Ethereum network after finding out that more 90% of user transaction fees on L1 platforms were Ethereum-based. Lisk (LISK), the open-source blockchain network and platform for decentralized applications (dApp), has announced it has decided to join the Ethereum ecosystem as a layer 2 (L2) platform. According to an official blog post, Lisk is…
In an culmination of efforts at the intersection of Bitcoin and Artificial Intelligence (AI), the “Nexus – Bitcoin & AI Industry Report” has been unveiled by Spirit of Satoshi, the world’s first Bitcoin centric AI, highlighting significant advancements and debunking misconceptions within these realms. The report’s core emphasis revolves around the convergence of 280 participants…
The AR experience is set to offer four distinct encounters within the museum, with an additional exterior courtyard experience in the iconic Cour Carrée. The Louvre Museum, one of the most famous French museums known for its treasure trove of historical artifacts, has taken a leap into the world of augmented reality (AR) with its…
Matterport, Inc. (NASDAQ:MTTR) Q2 2023 Results Conference Call August 8, 2023 4:30 PM ET Company Participants Mike Knapp – VP, IR RJ Pittman – Chairman and CEO JD Fay – CFO Conference Call Participants Bhavin Shah – Deutsche Bank Yun Kim – Loop Capital Markets Operator Good day, and welcome to the Matterport Incorporated Fiscal…
Grayscale is optimistic that the easing of CPI data will provide a boost to Bitcoin going ahead while the expectations of spot Bitcoin ETF approval remain high. Over the last two days, the Bitcoin price has come under some selling pressure dropping another 3% in the last 24 hours and moving closer to $35,000. Bitcoin…
Colgate-Palmolive Company (NYSE:CL) Morgan Stanley Global Consumer & Retail Conference December 5, 2023 11:45 AM ET Company Participants Stan Sutula – CFO Panos Tsourapas – Group President, Europe and Developing Markets Conference Call Participants Dara Mohsenian – Analyst Dara Mohsenian Thanks, everyone, for joining us. I’m Dara Mohsenian, Morgan Stanley’s Household Products and Beverage Analyst….
BlackRock and Grayscale recently met with the Securities and Exchange Commission (SEC), presumably to discuss the approval requirements for their spot Bitcoin ETF applications. Coinbase, which offers both Bitcoin custody and Bitcoin brokerage products, has emerged as the proposed custodian for the Bitcoin assets of several ETF applicants. Mike Belshe, CEO of BitGo, recently raised…
MicroStockHub/iStock via Getty Images In 3Q23, the Large Cap Value, All Cap Value, and All Cap Blend styles earn attractive-or-better rating. Our style ratings are based on the normalized aggregation of our fund ratings for every ETF and mutual fund in each style. Our fund ratings are based on aggregations of the ratings of the…
Kira88/iStock via Getty Images Fundamentals: This report discusses the recent fluctuations in gold prices and the events that shaped them over the past week. Initially, gold prices remained relatively stable around $2030/oz as investors awaited the first FOMC meeting of 2024. It was widely believed that the Federal Reserve would not announce an early-year rate…
Well, well, well. It’s that time of year again in the Netherlands. Not just to celebrate the second Bitcoin Conference in Amsterdam, but also the arrival by steamboat of our red caped Saint, the Holy Man himself, patron of boats, sailors, and little children: Sinterklaas. Yes, he’s the bringer of gifts in the shoes of…
Theo Wargo/Getty Images Entertainment While Verizon Communications (NYSE:VZ) has reported some improvement in key financial metrics, the wireless business has not gotten any better. Companies in the telecom sector typically don’t cut their way to success, and the company has no real catalyst for growth after 5G hasn’t materialized into a growth driver. My investment…
kampee patisena/Moment via Getty Images Pioneer Power Solutions (NASDAQ:PPSI) has a long history of providing products that support every function of the power grid. The company has shifted its product offerings to focus on two key products; E-Block systems for power distribution to capture the shift to renewable energy sources and E-Boost systems to fill…
HeliRy Note: I previously covered Okeanis Eco tankers (NYSE:ECO) in February 2024. In my note, I highlighted the company’s top-notch fleet, an average age below 5 years, and 100% scrubber availability. The ECO fleet consists of VLCC and Suezmax crude oil tankers. ECO distributes attractive dividends at a 14.2% TTM yield. Considering the company’s strengths,…
anusorn nakdee BioLineRx Ltd. (NASDAQ:BLRX) is a biopharmaceutical company founded in 2003 with headquarters in Israel and offices in the US. BLRX’s shares are traded in NASDAQ and TASE. Notably, BLRX has developed Aphexda, motixafortide for injection, the first drug FDA-approved for stem cell mobilization in multiple myeloma patients in a decade. The FDA approved…
Lintao Zhang/Getty Images News Note: I previously covered KWEB back in Fall 2021 at the heat of China’s tech crackdown. We cut our loss in 2022 in the mid 40s/share region. 2 years later from that post, I again believe KWEB represents a tradable opportunity as China’s selling pressure begins to get exhausted and multiple…
KTStock/iStock via Getty Images It is possible to achieve financial freedom by living off dividends forever. That isn’t to say it’s easy, but it’s possible. Those starting from nothing admittedly have a hard road to retirement-enabling passive income. Unless one has a preternatural ability to save a huge portion of their income for over a…
JohnFScott Starbucks Corporation (NASDAQ:SBUX) recently announced its 13th consecutive annual dividend increase as Seeking Alpha has covered here. Interestingly, my most recent article on Microsoft Corporation (MSFT) extolled the virtues of looking at the full package and not just at what may appear to be a small, current yield. Starbucks fits the same pattern as…
urbancow/E+ via Getty Images We previously covered C3.ai (NYSE:NYSE:AI) in September 2023, discussing its mixed prospects at a time of generative AI boom, with the management electing to pivot to a lower margin consumption-based pricing model to grab market share and consumer base. Combined with its sustained cash burn and deteriorating balance sheet, we had…
apomares/E+ via Getty Images Introduction & Thesis Shares of biopharma Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) are ~60% off their May highs, despite holding an FDA-approved key drug (Inpefa) for heart failure in its portfolio. The sell-off is largely attributed to investor concerns over Inpefa’s market uptake amid a perfect storm of competition from pharma heavyweights like…
monsitj Investment Thesis Fortune Brands Innovations, Inc.’s (NYSE:FBIN) stock is up slightly since my previous buy rating in September. The end-market outlook has meaningfully improved since then and, with lower-than-expected inflation, analysts have started betting on a rate cut as soon as the middle of next year. The improving end-market demand given moderating inflation and…
American Coastal Insurance Corporation (NASDAQ:ACIC) Q4 2023 Earnings Conference Call February 29, 2024 5:00 PM ET Company Participants Karin Daly – IR Daniel Peed – Chairman of the Board and CEO Bennett Bradford Martz – President Conference Call Participants Greg Peters – Raymond James Aryan Gupta – Eagle Eye Asset Private Limited Bill Dezellem –…
monticelllo Introduction It’s time to discuss a stock I’ve never discussed on Seeking Alpha – or anywhere else. As the title already gave away, that company is the Starbucks Corporation (NASDAQ:SBUX), a company I have avoided because I am not a big fan of consumer stocks, which turned out to be a huge mistake! I…
andresr Topline Summary Atossa Therapeutics (NASDAQ:ATOS) in a biotech company focused on the development of a novel hormone therapy for women with the most common subgroup of breast cancer: hormone receptor-positive disease. Although they have funds to continue for a few more years, the indications they’re chasing are going to be very tough, with a…
CSL Ltd (OTCQX:CSLLY) Q2 2024 Earnings Conference Call February 12, 2024 7:00 PM ET Company Participants Mark Dehring – Head, IR Paul McKenzie – MD, CEO & Executive Director William Mezzanotte – EVP & Head, Research and Development Herve Gisserot – Chief Commercial Officer, Vifor Pharma AG Andy Schmeltz – EVP, CSL Behring Business Unit…
primeimages In this month’s article, I outline why I will keep 100% of my pension plan assets invested in the SPDR S&P 500 ETF (NYSEARCA:SPY). I will have no cash position. First, let me review my pension plan performance in September. The market, as measured by the S&P 500 index, lost 4.87% for the month,…
Cardinal Health, Inc. (NYSE:CAH) J.P. Morgan 42nd Annual Healthcare Conference January 9, 2024 5:15 PM ET Company Participants Lisa Gill – Managing Director at JPMorgan Conference Call Participants Jason Hollar – CEO Aaron Alt – CFO Lisa Gill Good afternoon and thank you for joining us. My name is Lisa Gill and I head the…
HannamariaH After a sleepy end to 2023, the market should return to full speed this week with a slew of data that will likely help determine whether the more than six rate cuts priced in for 2024 will be fantasy or reality. Right now, six rate cuts in 2024 seem more like fantasy than reality,…
XH4D Manufacturers of eVTOLs provide some of the most forward-looking and futuristic investment opportunities with significant upside. However, the path towards certification and commercialization is not a risk-free one and when highlighting the risks I am quite often met with readers who choose to ignore the risks and become hostile towards those who don’t echo…
Oracle Corporation (NYSE:ORCL) Q1 2024 Earnings Call Transcript September 11, 2023 5:00 PM ET Company Participants Ken Bond – SVP, IR Safra Catz – CEO Larry Ellison – Chairman and CTO Conference Call Participants Brad Zelnick – Deutsche Bank Mark Murphy – JPMorgan Raimo Lenschow – Barclays Capital Mark Moerdler – Bernstein Keith Weiss –…
da-kuk/E+ via Getty Images By Andrew Almeida, CFA Background For the average person, the term “crypto” has become a catchall. It encompasses everything from non-fungible tokens (NFTs) to Layer 0s, Layer 1s, Layer 2s, staking protocols, permissioned blockchains, public chains, Web 2.5, Web 3.0, and beyond. I cringe whenever someone asks me if I invest…
Chatham Lodging Trust (NYSE:CLDT) Q1 2024 Earnings Call Transcript May 6, 2024 10:30 AM ET Company Participants Chris Daly – DG Public RelationsJeffrey Fisher – Chairman, President, CEODennis Craven – EVP & COOJeremy Wegner – CFO & SVP Conference Call Participants Ari Klein – BMO Capital MarketsBryan Maher – B Riley Securities Operator Greetings. Welcome…
ANDY_BOWLIN/iStock via Getty Images Every August, the Fed’s Jackson Hole summit is hosted by the Kansas City Fed. The event’s history is deeply intertwined with the Fed’s past and current efforts to vanquish inflation. As long-term rates have risen over the past few weeks, technology stocks in the Nasdaq (QQQ) have suffered. However, I suspect…
Morsa Images/DigitalVision via Getty Images Nektar Therapeutics (NASDAQ:NKTR) has an interesting drug in its pipeline, rezpegaldesleukin (rezpeg), that has the potential to treat inflammation in a new way. The company is underway on a large study in atopic dermatitis, and recently announced it had initiated enrollment in another study in alopecia areata. This article takes…
zencreation/iStock via Getty Images After a massive surge in egg pricing in 2022, Cal-Maine Foods, Inc. (NASDAQ:CALM) stock enjoyed an incredible bounce. We cautioned investors to sell the stock in December 2022. While shares trickled a bit higher from that call, shares began to reset shortly into 2023. Shares have crept up in the last…
Syndax Pharmaceuticals, Inc. (NASDAQ:SNDX) Q2 2023 Earnings Conference Call August 3, 2023 4:30 PM ET Company Participants Sharon Klahre – Head, IR Michael Metzger – CEO Neil Gallagher – President & Head, R&D Keith Goldan – CFO Peter Ordentlich – CSO Anjali Ganguli – CBO Conference Call Participants Phil Nadeau – TD Cowen Anupam Rama…
huffychic Co-authored by Treading Softly. These days, the mindset of “a dollar saved is a dollar earned” rings exceptionally true. Everything from gasoline to eggs and coffee to clothes has seen a sharp rise in cost. I’ve long been zeroed in on value. Cost is what you pay; value is what you get. For some…
anyaberkut Summary Readers may find my previous coverage via this link. My previous rating was a sell, as I did not see any catalyst that could drive the share price of Telos Corporation (NASDAQ:TLS) upwards. My thoughts were that TLS needed to show a couple more quarters of growth before the market would be convinced…
If you want to remove custodial risk from your bitcoin holdings, you must take self-custody. Bitcoin custody is determined by whoever has the keys to control the bitcoin—if you aren’t holding the keys to your bitcoin, then someone else is. As the saying goes, not your keys, not your coins. Once someone decides that they…
onurdongel Research Note Summary Today’s note will focus on Cardinal Health (NYSE:CAH), a large player in the healthcare distribution space, but one that is often under-covered on this portal. I gave it a hold rating today based on several positive factors including revenue YoY growth beating its peers, undervalued on price-to-earnings, and outperforming the S&P500…
Binance will delist BUSD as a loanable asset on September 6 and will suspend withdrawals of Binance-pegged BUSD tokens via BNB Chain, Avalanche, Polygon, and Tron on September 7. Renowned crypto exchange Binance has officially announced its decision to discontinue support for its native stablecoin, Binance USD (BUSD), by February 2024. Paxos’ Role in Binance’s…
gopixa With 2023 generally being a good year for most individual stocks and the market in general, it is natural for investors to look to reduce their risks and exposure in 2024. ETFs are generally believed to be the middle-ground in staying invested while avoiding major risks. As I wrote earlier, I don’t always buy…
gopixa Written by Nick Ackerman, co-produced by Stanford Chemist. Real estate investment trusts (“REITs”) are continuing to face pressure in this current interest rate environment. Yields had risen substantially through August, and that put further pressure on this sector of the market. As yields grow on risk-free investments, income-oriented REITs become less attractive. Additionally, rising…
redtea On October 31st, the management team at midstream/pipeline company Enterprise Products Partners (NYSE:EPD) announced financial results covering the third quarter of its 2023 fiscal year. While the company did experience some weakness in some areas, its overall financial performance was positive compared to what management reported the same time last year. In the past,…
crstrbrt Alpha and Omega Semiconductor (NASDAQ:AOSL), a supplier of power semiconductors, has fallen below a price level that had provided support to the stock for about a whole year. The stock bounced each time whenever it reached this level, but that is not what happened this week. The price action is bearish for several reasons,…
Ingenious Buddy Several large issuers debuted in the US this past week, and four IPOs joined the pipeline. Sports equipment and apparel maker Amer Sports (AS) priced below the range to raise $1.3 billion at a $6.4 billion market cap. The Finland-based company’s portfolio includes major brands like Arc’teryx, Salomon, Wilson, and Louisville Slugger, and…
FG Trade After my first article, I continue my studies about dividend companies. As I was navigating the internet, I came across a particular business working in an intriguing sector: Genuine Parts Company (NYSE:GPC), a company distributing automotive replacement parts and industrial components. Over the last five years, it was not able to compound its…