JPMorgan Chase & Co. (NYSE:JPM) BancAnalysts Association of Boston Conference 2023 November 2, 2023 9:40 AM ET Company Participants Jeremy Barnum – Chief Financial Officer Conference Call Participants Dick Manuel – Senior Equity Analyst, Columbia Threadneedle Investments Dick Manuel Good morning. I think we’re going to get started again here. A little public service announcement,…
nevarpp Airline pilot Sully Sullenberger achieved a miracle landing on the Hudson in 20091. U.S. Federal Reserve (Fed) Chair Jay Powell’s attempt at a soft landing for the U.S. economy may have an even higher degree of difficulty. This pandemic-generated cycle has been unusual in so many ways that a soft landing cannot be ruled…
Altus Power, Inc. (NYSE:AMPS) Q2 2023 Earnings Conference Call August 14, 2023 8:30 PM ET Company Participants Chris Shelton – Head, IR Gregg Felton – Co-Founder and Co-CEO Dustin Weber – CFO Lars Norell – Co-Founder and Co-CEO Conference Call Participants Andrew Percoco – Morgan Stanley Justin Clare – ROTH MKM Chris Souther – B….
Editor’s note: Seeking Alpha is proud to welcome Pivotal Biotech as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access. Click here to find out more » Hiroshi Watanabe Summary On…
PeopleImages Essential Properties Realty Trust (NYSE:EPRT) is a net lease REIT similar to Realty Income (O). The REIT focuses on smaller single-tenant properties leased to service-oriented tenants, with an average asset size of $2-5 million. The small building focus is great because these properties are generally more fungible and easier to release or sell if…
Zbynek Pospisil/iStock via Getty Images There’s no better way to sum up the commercial real estate sector than Ray Bradbury’s classic, Something Wicked This Way Comes. I remember reading the book over three decades ago (when I was in high school) and this nightmarish novel analyzing the conflicts of good and evil is relevant today:…
Justin Sullivan/Getty Images News Elevator Pitch I rate Lucid Group, Inc. (NASDAQ:LCID) stock as a Sell. Earlier, I compared Lucid against Tesla (TSLA) in my April 11, 2023 write-up, and came to the conclusion that LCID was the relatively less appealing investment candidate of the two. My unfavorable opinion of Lucid appears to have been…
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The second quarter of 2023 marked the fourth consecutive quarter of declines in deal value, highlighting the prolonged nature of the downturn. The Chinese startup ecosystem, once a hotbed for innovation and home to tech giants like ByteDance and Didi Chuxing Technology Co Ltd, has recorded a slower growth rate in the first half of…
bpawesome/iStock via Getty Images Topline Summary Elevation Oncology, Inc. (NASDAQ:ELEV) had a very rocky early 2023, then spent the rest of the year drifting further and further out of relevancy. Starting almost immediately in 2024, the company spiked past $100 million market capitalization on the basis of positive guidance. Is now a good time to…
Mlenny/iStock via Getty Images Introduction The iShares MSCI Switzerland ETF (NYSEARCA:EWL), an ETF that focuses on 45 Swiss stocks hasn’t enjoyed the greatest of years so far, delivering just marginal price gains of 3% YTD. In the process, it has also underperformed the largest diversified European ETF – Vanguard FTSE Europe ETF (VGK), and also…
Western Digital Corporation (NASDAQ:WDC) Wells Fargo 7th Annual TMT Summit November 28, 2023 4:30 PM ET Company Participants Wissam Jabre – EVP and Chief Financial Officer Conference Call Participants Aaron Rakers – Wells Fargo Aaron Rakers So why don’t we go ahead and get started. So I’m Aaron Rakers. I’m the IT hardware and semiconductor…
The tool will use analytical dashboards to identify transaction errors, wallet address balances and digital signatures. Ernst & Young (EY) Global has announced the first corporate client for its EY Blockchain Analyzer: Reconciler. Per the announcement, Fidelity Digital Assets, a subsidiary of Fidelity Investments, became the first enterprise to use the tool after its launch…
Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Q4 2023 Earnings Conference Call January 26, 2024 10:00 AM ET Company Participants Chuck Shaffer – Chairman and Chief Executive Officer Tracey Dexter – Chief Financial Officer Michael Young – Treasurer and Director of Investor Relations James Stallings – Chief Credit Officer Conference Call Participants Brady Gailey – KBW…
JetBlue Airways Corporation (NASDAQ:JBLU) Q4 2023 Earnings Conference Call January 30, 2024 10:00 AM ET Company Participants Koosh Patel – Director, IR Robin Hayes – CEO Joanna Geraghty – President and COO Ursula Hurley – CFO Dave Clark – Head of Revenue and Planning Conference Call Participants Mike Linenberg – Deutsche Bank Dan McKenzie –…
inside-studio/iStock via Getty Images Note to the Reader This is my third article covering Microsoft’s (NASDAQ:MSFT) continued push into gaming and the build-out of its Game Pass service. In previous articles, I’ve noted how the business model of game distribution is ripe for innovation and the threat that Game Pass may have to future competition….
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel’s far-right government has voted to shut down Al Jazeera, the Qatari-funded satellite channel, and prevent it operating in the country, accusing it of being a “mouthpiece for Hamas” and a threat to national security….
jetcityimage Macro and micro factors have been at play, driving some sharp outperformance and severe underperformance among the diversified Industrials sector of the S&P 500. One of the poorest stocks in that slice of the SPX is 3M Company (NYSE:MMM). The firm continues to face uncertainty with investigations and lawsuits, casting a significant shadow, critics…
ServiceNow, Inc. (NYSE:NOW) Morgan Stanley Technology, Media & Telecom Conference March 4, 2024 5:10 PM ET Company Participants Gina Mastantuono – CFO Conference Call Participants Keith Weiss – Morgan Stanley Keith Weiss Excellent. Thank you, everyone, for joining us this afternoon. I’m Keith Weiss. I run the US Software research franchise here at Morgan Stanley,…
The newly acquired funds will help HashKey to build diversified Web3 products amid the mainstream adoption of digital assets and blockchain technology in Asia. HashKey Group, the operator of a leading Hong Kong-based cryptocurrency exchange and other web3-focused platforms, announced the completion of the Series A funding round with nearly $100 million. As a result,…
Central Banks around the world are grappling with the difficult task of managing excessive inflation while maintaining economic development. In recent times, Central Banks in the European Union (EU) are facing a triple dilemma that demands delicate balancing acts and strategic decisions following persistent high inflation that is threatening to cripple the economy. The Triple…
Today at 11:30a in Waco, Texas, the Texas Blockchain Council and Riot Platforms, Inc., asked a Federal District Judge Alan Albright for a temporary restraining order blocking the Energy Information Administration from enforcing their “emergency” survey. At that hearing, the attorneys for the Government offered a voluntary declaration by EIA Administrator DeCarolis, offering a four-week…
ipopba “The problem with people who have no vices is that generally you can be pretty sure they’re going to have some pretty annoying virtues.” – Elizabeth Taylor It has been over 15 months since our first and only look at Virtu Financial, Inc. (NASDAQ:VIRT). The shares were recommended as a potential small, covered call…
koto_feja Investment Overview In a note for Seeking Alpha in May last year, I gave Longboard Pharmaceuticals (NASDAQ:LBPH) a “Buy” recommendation, citing upcoming data catalysts for the company’s two clinical stage assets – the 5-HT2C Superagonist LP352, now known as bexicaserin, being developed to treat developmental and epileptic encephalopathies (DEEs), and LP659 – and a…
Buterin is looking forward to a future where developers can leverage an independent open tech stack. Speaking to the attendees of the Decentralized Finance (DeFi) event Permissionless which was held in Austin, Texas, Ethereum (ETH) co-founder Vitalik Buterin has expressed his enthusiasm towards a progressive future for the Ethereum network. He strongly believes that the…
Kapook2981/iStock via Getty Images Southeast Asian stocks have, perhaps rightly, been repriced lower following a series of ‘sticky’ inflation reports out of the US and globally. The rationale being that this not only raises the risk of delayed rate cuts by the Fed but, by virtue of the Fed-dependent reaction functions of Asian central banks,…
Today, Volksbank Raiffeisenbank Bayern Mitte eG, a Bavarian cooperative bank with an ~130-year history, has entered into a long-term partnership with terahash.energy GmbH, according to a press release sent to Bitcoin Magazine. The Ingolstadt-based cooperative bank and the young startup, terahash, will collaborate on promoting topics related to Bitcoin and develop new offerings. “We are…
Amid all the drama that’s unfolding at OpenAI, reports suggest that Sam Altman won’t rejoin the company, but rather lead the AI research team at Microsoft. Over the last weekend, some major drama unfolded at the artificial intelligence firm OpenAI upon the ouster of company CEO Sam Altman. However, sources familiar with the matter stated…
Colin Anderson Productions pty ltd Listen below or on the go on Apple Podcasts and Spotify Jamie Dimon casts doubt on a soft landing, says AI akin to the steam engine (0:16) Stocks face trouble if the 10-year hits 4.8%. (2:21) How fast could a Tesla Robotaxi hit the road? (4:42) This is an abridged…
tawatchaiprakobkit/iStock via Getty Images The iShares MSCI Malaysia ETF (NYSEARCA:EWM) is exposed heavily to financials, dependent on the Malaysian monetary policy stance, and also on the performance of the domestic currency, the Malaysian Ringgit. We think that there is upside on the Ringgit, independent of policy stance, as political destabilizers in Malaysia are being parried….
spawns The Bitcoin (BTC-USD) mining space offers a publicly traded leverage play on the commodity’s price movement. With a slew of Bitcoin spot ETFs potentially entering the marketplace post the SEC decision not to challenge a recent court ruling and the halving cycle rapidly approaching in April 2024, multiple bullish factors are driving the BTC…
Vittorio Gravino/iStock via Getty Images Intro We wrote about The Ensign Group, Inc. (NASDAQ:ENSG) back in December 2020 when we were encouraged by the company’s consistent record quarterly earnings. Although Ensign’s valuation was getting frothy at the time (resulting in us dialing down our Buy rating to a Hold rating), the stock still looked very…
Thapana Onphalai Transcript Elevated levels of bond volatility are evidence of the new macro and market regime in action, and confirm the benefits of being agile with our strategic views of five years or longer. We upgrade sovereign bonds in developed markets (DMs) to neutral, but this masks two stories – we stay underweight long-term…
wildpixel By Christopher Gannatti, CFA The excitement about the promise of artificial intelligence (AI) is shifting to how well the technology will drive increased revenues for tech and the broader economy. To sustain spending on high-end chips, companies must see a payoff. ChatGPT’s release in November 2022 was a blockbuster, with 100 million users signed…
Joe Raedle/Getty Images News When investing in stocks, not every investment is working out. But expecting every investment to work out is an impossible standard and to make money as an investor, it is certainly enough when one out of two investments is becoming a success. Especially for long-term investors, it is enough to have…
Andy Roberts First and foremost, we define technology (TECH) exposure as the combination of the Communication Services and Information Technology GICS sectors. Tech spans multiple customer segments (consumer vs. enterprise), business models (advertising, subscriptions, hardware, chips, etc.), and end-markets. For example, a large internet company monetizing consumer attention via advertising will look and behave a…
JHVEPhoto Medtronic plc (NYSE:MDT)’s financial performance for Q1 FY 2024 showcases a positive start to the new year, with revenues seeing a noticeable growth. This upward trend is ascribed to various factors, including innovation, strategic implementation, and enhanced foundational measures. Key sectors like the Cardiovascular and Neuroscience portfolios witnessed marked increases, with notable progress achieved…
This is an opinion editorial by Joël Kai Lenz, a professional content writer focused on Bitcoin and the Lightning Network, and host of the “Rabbit Hole Stories” podcast. In my previous life, as a professional in the legacy digital media world, I used to sit below a giant neon light. I didn’t particularly like the…
ninitta BP stock’s high yield and low P/E BP‘s (NYSE:NYSE:BP) stock price has largely been moving sideways recently. As seen in the chart below, its price increased only about 3% in the last year, while the S&P 500 enjoyed one of the best years with more than 20% gain. There are certainly good reasons for…
The national debt has emerged as the focal point of a congressional standstill over a spending bill that would fund the government until the next funding cycle. The United States has hit a historic milestone as its national debt recently surpassed $33 trillion, a staggering figure that reflects the enormous financial challenges facing the nation….
den-belitsky Introduction and thesis Travelzoo (NASDAQ:TZOO) is a global media commerce company that provides insider deals and experiences for members through its website, email newsletters, social media channels, and mobile apps. The company offers discounted deals on travel, entertainment, dining, and other lifestyle activities, partnering with thousands of travel and entertainment companies worldwide. We are…
Spencer Platt/Getty Images News Fox Corporation (NASDAQ:FOXA) has undergone notable leadership and strategic direction changes. The transition from Rupert Murdoch to Lachlan Murdoch could affect the company’s future trajectory. In my view, leadership changes often bring about shifts in corporate strategy, and given Rupert’s significant influence in the industry, Lachlan’s approach will be keenly observed….
yuriz Opener I’m an investor with a focus on company quality above all else. I prefer to invest in quality stocks at fair prices rather than opting for cheap, mediocre companies. However, I believe that the market is highly inefficient in the short term, especially when looking beyond big tech, and I’m willing to explore…
Star Equity Holdings, Inc. (NASDAQ:STRR) Q2 2023 Results Conference Call August 11, 2023 10:00 AM ET Company Participants Rick Coleman – Chief Executive Officer Dave Noble – Chief Financial Officer Jeffrey Eberwein – Executive Chairman Conference Call Participants Tate Sullivan – Maxim Group Theodore O’Neil – Litchfield Hills Research Operator Greetings, ladies and gentlemen, and…
sanjeri A Quick Take On Lexeo Therapeutics, Inc. Lexeo Therapeutics, Inc. (LXEO) has filed to raise $100 million in an IPO of its common stock, according to an SEC S-1 registration statement. The clinical-stage biopharma is developing treatments for various cardiovascular and Alzheimer’s conditions. When we learn more about management’s pricing and valuation assumptions, I’ll…
Bitcoin self-custody platform Casa announced that it’s launching a new inheritance product — Casa Inheritance — for its global customer base. Casa, known for helping crypto investors secure their BTC and other digital assets with multisig vaults, aims to make it easy for its customers to transfer their digital assets to their loved ones when…
Wolterk Roughly one year ago, I wrote on El Pollo Loco (NASDAQ:LOCO), noting that with the company committing to buybacks and a special dividend, the stock offered a decent reward/risk if it dropped below $10.00. After briefly dipping below $10.00 in early January, the stock enjoyed a ~30% rally but has since given up all…
Hyperfine, Inc. (NASDAQ:HYPR) Q3 2023 Earnings Call November 9, 2023 4:30 PM ET Company Participants Marissa Bych – Investor Relations Maria Sainz – President and Chief Executive Officer Brett Hale – Chief Administrative Officer and Chief Financial Officer Conference Call Participants Neil Chatterji – B. Riley Operator Good afternoon, and welcome to Hyperfine’s Third Quarter…
TommL The Company Costco Wholesale Corporation (NASDAQ:COST) is a $300 billion market cap firm operating membership warehouses worldwide, selling diverse products. Established in 1976, it offers branded and private-label items across various categories, including groceries, electronics, and apparel. As of the latest data the firm employs over 316,000 employees worldwide, operating 870 warehouses (68.9% in…
Lemon_tm After falling by around 10% since the end of July, the S&P 500 has snapped back reasonably quickly. However, it would seem that gains have been driven chiefly by multiple expansion as earnings estimates for the fourth quarter and the first quarter of next year fall. Earnings estimates over the next twelve months are…