Nicholas Smith Investment Thesis Background Deere & Company (NYSE:DE) has built one of the most recognizable brands in the world, leading to strong customer loyalty. The company also boasts one of the most diverse and advanced portfolios of products in the agriculture and construction industries. DE Business Overview (Deere Investor Relations) Despite being one of…
blackCAT/E+ via Getty Images Orion S.A. (NYSE:OEC) recently delivered beneficial FCF expectations driven by lower capital expenditures and megatrend drivers like new EV vehicles or demand for batteries. OEC also looks like a buy as management continues to use cash flows to buy back shares and lower its debt levels. Besides, the recent increase in…
Justin Sullivan Investment thesis My previous bullish thesis about Disney (NYSE:DIS) from September aged well, as the stock outperformed the broader U.S. market by a wide margin over the last quarter. The company’s fundamentals are improving as the management executes Bob Iger’s transformation plan, which has already positively affected financial performance. The near-term outlook is…
gilaxia/E+ via Getty Images In September of 2017, I received slightly over $100K from my former employer, representing the commuted value of my pension plan. I decided to invest 100% of this money in dividend growth stocks. Each month, I publish my results on those investments. I don’t do this to brag. I do this…
The class action was one of the many lawsuits brought against the company last year after the Terra-LUNA fiasco that wiped out billions of dollars as investors watched their funds vanish into thin air within a matter of days. A federal court in Singapore has denied an appeal to dismiss a class action suit filed…
The plaintiffs, Michael Sizemore, Mikey Vongdara, and Gordon Lewis, argue that Ronaldo actively took part in endorsing financial products on Binance, which should have been registered with regulators. Football icon Cristiano Ronaldo is facing a new legal battle, which started this week, as he has been accused of improperly promoting the cryptocurrency exchange Binance. A…
This lawsuit adds to Apple’s recent antitrust challenges. In September, a US judge ruled that payment card issuers could sue Apple over alleged anti-competitive practices related to its Apple Pay mobile wallet. In a recent legal development, Apple Inc (NASDAQ: AAPL) finds itself entangled in a class-action lawsuit filed by Venmo and Cash App customers….
miniseries Company Overview Big Lots (NYSE:BIG), through its subsidiaries, operates as a home discount retailer in the United States. The Company offers products under various merchandising categories, such as the furniture category that includes upholstery, mattresses, case goods, and ready-to-assemble departments; seasonal category, which comprises patio furniture, gazebos, Christmas trim, and other holiday departments; soft…
In response to the allegations, Tether emphasized its commitment to preventing the misuse of cryptocurrencies for illicit activities. In a recent development, US Senator Cynthia Lummis (R-WY) has called upon the US Department of Justice (DOJ) to take decisive action against major cryptocurrency entities, Binance and Tether, over their alleged involvement in illicit financing associated…
vanilla_jo/iStock via Getty Images Investment Landscape: Inflation, Recession, or Both The third quarter of 2023 was a wake-up call for many investors after equity markets powered relentlessly upward in the first half of the year. Global stocks and bonds sank in the third quarter, raising fears of a correlated drop in both asset classes, as…
mars58 Before yesterday’s ECB meeting, there was a bit of uncertainty about whether the ECB would hike or not, with markets pricing in a 65% implied probability of a 25-bps hike. In the end, it went ahead with the rate hike, lifting the main refinancing rate to 4.50% from 4.25% previously. But the euro nonetheless…
Urupong S&P 500 futures were up 0.7% immediately following the release of Friday’s August payrolls data. Non-farm job gains of 187,000 were marginally above the 170,000 consensus estimate (with July’s gain revised 30k lower). At 0.2% (0.24%), the increase in Average Hourly Earnings was below the 0.3% forecast and July’s 0.4% – and was the…
Aside from dismissing the case against Uniswap, the judge also classified popular cryptocurrencies Ether (ETH) and Bitcoin (BTC) as commodities. United States District Judge Katherine Polk Failla has dismissed with prejudice the class action suit against the decentralized exchange Uniswap. Recall that in April 2022, six former investors on Uniswap filed a suit against the…
This is an opinion editorial by Michael Matulef, an independent student of Austrian economics and member of the Mises Institute. The impending U.S. presidential election has ignited a spark of excitement within the Bitcoin community, as various prospects have begun to vocalize their support for Bitcoin. Rising political interest in Bitcoin has culminated in the…