Thomas Barwick/DigitalVision via Getty Images April represented a step back following March’s gains, aside from Managed Futures being the star of the show this month. Commodities demonstrated resilience, posting a modest +0.95% growth despite the turbulence induced by the prospects of normalizing financial conditions. This volatility led to portfolio recalibration across sectors. Managed futures strategies…
Genesis Energy, L.P. Class A Common Units (NYSE:GEL) Q1 2024 Earnings Conference Call May 2, 2024 10:00 AM ET Company Participants Dwayne Morley – Vice President, Investor RelationsGrant Sims – Chairman & Chief Executive Officer Conference Call Participants Michael Blum – Wells FargoWade Suki – Capital One Operator Greetings and welcome to the Genesis Energy…
Igors Aleksejevs/iStock via Getty Images Note: I previously covered Tidewater (NYSE:TDW). In my previous take on TDW, I pointed out the looming deficit of OSVs caused by limited supply and rising demand presented TDW as the best way to play that theme. Since then, the stock has increased by 30%. In this article, I discuss…
Pitch Day at The Bitcoin Conference is back! Bitcoin Magazine and The Bitcoin Conference are looking for the next wave of Bitcoin startups to compete in the ultimate Bitcoin pitch competition. Taking place in Nashville July 25-27 at Bitcoin 2024, the world’s largest Bitcoin conference, founders will present their vision on Bitcoin’s biggest stage to…
rlesyk Introduction All financial data are reported in Canadian dollars unless otherwise stated. Canadian National Railway (NYSE:CNI) has been my top pick among Class 1 railroads and, as such, it makes up around 7% of my portfolio. Major macroeconomic trends make me consider the whole industry as one poised to keep on growing. The need…
deepblue4you Below is an updated look at our popular table that highlights the performance of various asset classes using key ETFs (or ETPs) traded on US exchanges. For each asset class, we show its performance since COVID hit on 2/19/20, since the current bull market began on 10/12/22, and since the low last quarter on…
Olivier Le Moal In reflecting upon 2023’s performance results across asset classes, it is apparent this year posed considerable challenges for capital markets amidst the ongoing macroeconomic transition. Persistent inflationary pressures and central bank tightening created headwinds for many segments throughout the period. While equities maintained respectable full-year gains, considerable monthly volatility was witnessed as…
In a notable statement, BlackRock CEO Larry Fink has expressed a positive perspective on Bitcoin during an interview today with CNBC, affirming that it “is an asset that protects you.” “I believe it goes up if the world is frightened, if the people have fearful geopolitical risks, they’re fearful of their own risks,” said Fink….
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…
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….
South_agency Introduction Bitcoin miners have outperformed Bitcoin (BTC-USD) this year and have served well as a leveraged proxy to Bitcoin. The price action in June/July was positive following a technical breakout and optimism around the spot Bitcoin ETF being filed by BlackRock. There wasn’t much else to suggest an enormous rally in miners relative to…
marchmeena29/iStock via Getty Images Topline Summary Nurix Therapeutics (NASDAQ:NRIX) is a biotech company specializing in the development of protein degraders, which are intended as a new class of cancer therapeutic exploiting known targets, some of which have currently approved targeted agents already approved. While their approach is novel and interesting, with very early signs of…
Maxiphoto/E+ via Getty Images Greif, Incorporated (NYSE:GEF) produces industrial packaging and is based in Ohio. The company operates in three reportable business segments: Global Industrial Packaging, Paper Packaging and Services, and Land Management. Its products include steel and fiber drums, package lids, boxes and tubes and cores. Greif operates in 37 countries to reach local…
RYosha/iStock via Getty Images The energy sector is a great spot to be looking for high-yielding companies that can deliver in the long term for investors seeking dividend income additions to a portfolio. I like this niche market and find that there are plenty of opportunities here. In today’s article, I am covering Hess Midstream…
Destroying 25 years of performance before shareholders can have a say. vm We’ve covered W. P. Carey (NYSE:WPC) for years, but we don’t write about it as frequently. There usually wasn’t much to say about it. It was supposed to be a stable stock for slow dividend growth. How often can you publish to state…
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…