United States President Joe Biden has issued an order prohibiting the acquisition of certain real property by MineOne Cloud Computing Investment I L.P., citing national security concerns. The order, based on findings outlined by the President, aims to safeguard critical assets near Francis E. Warren Air Force Base (Warren AFB) in Cheyenne, Wyoming. The President’s…
pixelfit Deckers Outdoor Corporation (NYSE:DECK) brought a quarterly direct to consumer net sales increase of 38% y/y, and better EPS than expected. I believe that the company is doing much better than peers out there. If we also take into account internationalization efforts, the stock repurchase program, and the total amount of cash in hand,…
hudiemm Helium’s a great market Helium’s a great market There’s nothing wrong, at all, with going exploring for helium. It’s a vital part of the economic ecosystem. The market has, for decades, been dominated by the US national reserve. Which is being closed down and therefore becoming exhausted. This should – or at least could…
insta_photos/iStock via Getty Images Investment Thesis As Noah Holdings (NYSE:NOAH) nears new 52 weeks lows, the business becomes significantly undervalued with a consistent earnings power and sticky client base. I think the company continues to provide value to shareholders by leveraging its reputation, giving generous capital returns, and creating a sticky client base. Despite being…
Smith Collection/Gado/Archive Photos via Getty Images The pet care e-commerce market is an exciting space due to the increasing global pet adoption, rising consumer spending on e-commerce platforms, technological advancements for better customer experience, and the shift from pet ownership to ‘pet parenting’, which is fuelling market growth. Chewy, Inc. (NYSE:CHWY) is one of the…
Rows of Solar Panels in Florida csfotoimages Emera Incorporated (OTCPK:EMRAF) (EMA.TO) (TSX:EMA:CA) is a Canadian-based electric utility often overlooked and misunderstood by utility sector investors. I have been a shareholder for almost 10 years and have followed the company since it started playing equity banker for sister Canadian utility Algonquin Power (AQN) in 2010. I…
In a move that solidifies Manta Pacific’s dominance in the industry, Binance recently introduced MANTA as its 44th project on the Launchpool. In a recent development, Manta Pacific, the native layer 2 of Manta Network, has emerged as the fourth-largest scaling solution, surpassing Coinbase’s Base, according to data from L2Beat. Manta Pacific’s Rise to Prominence…
CasarsaGuru Aehr Test Systems (NASDAQ:AEHR) has emerged as a notable player in the rapidly evolving semiconductor industry, as evidenced by its exceptional performance in Q1 2024. The company experienced a notable rise in net revenue and enhanced profitability. Its venture into silicon carbide and gallium nitride and engagement in silicon photonics highlight its dedication to…
Seamless Protocol, a prominent project within Coinbase’s Base ecosystem, has launched its governance tokens for trading on the crypto exchange under the ticker SEAM starting at 18:00 UTC on Monday, December 11. As a leading lending and borrowing protocol on the layer-2 blockchain, Seamless boasts a substantial total value locked (TVL) exceeding $10 million. SEAM,…
Oat_Phawat/iStock via Getty Images Thesis Pan American Silver (NYSE:PAAS) experienced strong reserve growth year over year. The primary driver was the deal with Yamana. The Jacobina mine, a producing asset with enormous potential for exploration with high grades and low AISC, became part of the Pan American portfolio. PASS has a clean balance sheet with…
Last week, the Base Layer 2 network hit its ATH in daily transactions of about 1.88 million, higher than Optimism and Arbitrum combined. Coinbase Global Inc (NASDAQ: COIN) launched its Ethereum-based layer two (L2) network dubbed Base earlier in August. Less than two months later, the layer two network has registered exponential growth following high…
Circle said that businesses and institutions can access on/off-ramps for $USDC to OP Mainnet and Base through Circle Account. Circle’s native stablecoin USDC has recently launched on two Layer-2 networks – Base and Optimism. this launch will allow the Circle account holders to send USDC from their accounts to either of the networks. Coinbase also…
metamorworks A Quick Take On Weave Communications Weave Communications, Inc. (NYSE:WEAV) reported its Q2 2023 financial results on August 2, 2023, beating both revenue and EPS consensus estimates. The firm provides a suite of communications software and related payment solutions to healthcare organizations. I previously wrote about Weave with a Hold outlook on a lower…
By integrating the USDC for users in Chile, Circle will be hoping to offer them the stability of the U.S. dollar while also creating diverse payment options for them. Stablecoin issuer Circle has partnered with retail giant Mercado Libre to bring the USD Coin (USDC) to Mercado Pago. According to Circle CEO Jeremy Allaire, this…
1inch network announced that its limit order protocol has been deployed on a Coinbase-backed Base with direct access to several DeFi projects like Uniswap V3, and Balancer V2, among others. Leading DeFi liquidity aggregator network, 1inch protocol, announced its integration with Coinbase Global Inc (NASDAQ: COIN)-backed Ethereum (ETH) layer two solution Base. According to the…
Oleksandr Shatyrov In my last article covering Coinbase (NASDAQ:COIN), I focused mainly on what I felt the recent ruling in the Ripple (XRP-USD) case meant for Coinbase’s ongoing lawsuit with the Securities and Exchange Commission. In this article, we’ll look at the latest product offering from Coinbase and estimate to what degree it could generate…
Daniel Balakov New Jersey Resources (NYSE:NJR) is a New Jersey-based energy services firm with operations across natural gas, renewables and electricity, and other energy services. NJR Q3’23 Presentation Through these activities, NJR has achieved Q3’23 revenues of $251.43mn – a 54.43% decline – alongside a net income of $1.53mn – an 88.26% decline – and…
This is not Coca-Cola’s first foray into the world of NFTs. In July 2021, Coca-Cola auctioned its first-ever NFTs as a single asset. The household brand name Coca-Cola has launched its Masterpiece NFT collection on the Coinbase layer-2 network, Base. Recall that last week, the Base mainnet officially opened to the general public with over…
Some memecoin traders were lucky to make huge returns from a small investment while others were rug pulled with a promise of future return. The memecoin industry has been used by most crypto traders to fetch higher gains in a bid to accumulate Bitcoins, which is not only expensive to mine but also acquire. Moreover,…
Receive free Vale SA updates We’ll send you a myFT Daily Digest email rounding up the latest Vale SA news every morning. Saudi Arabia has launched its first significant foray into the global mining industry, with a deal to become a minority shareholder in Vale’s $26bn-valued copper and nickel unit. The Brazilian group said on…