lerbank/iStock via Getty Images Investment Thesis Alphabet Inc. aka Google (NASDAQ:GOOG, GOOGL) just wrapped up its annual I/O 2024 developer conference, announcing key features and technological updates. The full presentation can be watched here, whereas the company also has a brief summary of its presentation in under 10 minutes. Expectations were high for Google to…
Ah, the wild west. John Wayne, the Man with No Name, Billy the Kid and Jesse James. The frontier has a way of capturing everyone’s imagination – young and old. The cowboys, the outlaws, the gold prospectors. A land of opportunity and harsh cruelty. Unforgiving yet irresistible. Bitcoin was once such a frontier. The early…
Scharfsinn86 Aurora (NASDAQ:AUR) is a company developing self-driving technology, Aurora Driver, that is integrated into cars to enable driverless capability. All-time share performance has been lackluster. Having seen an all-time high of $17 shortly after going public in 2021, share price continued to deteriorate and reached $3 price level the following year. Since then, AUR…
Vesnaandjic/E+ via Getty Images Argenx Performance and Prospects Amid Market Challenges Argenx’s (NASDAQ:ARGX) stock is down 22% since my last evaluation in October. Back then, I noted growing revenue opportunities for the company’s lead asset, Vyvgart. argenx, a biotechnology developer based in Amsterdam, is a leader in the anti-FcRn market, which is expected to grow…
BrilliantEye Investment Thesis Purple Innovation (NASDAQ:PRPL) has had a volatile ride over the past few years, with shares reaching a peak of $40 down all the way to $2 today. While some investors may seem interested in an apparent bargain, I believe the fundamentals suggest otherwise. The company is spots negative operating income for the…
Major financial services company Franklin Templeton, managing approximately $1.5 trillion in assets, believes Bitcoin is experiencing a “renaissance” in innovation driven by ordinals and other new developments on Bitcoin. JUST IN: $1.5 trillion asset manager Franklin Templeton says Ordinals drive ‘positive momentum’ in #Bitcoin innovation. Institutions are coming 🙌 pic.twitter.com/3lSDwNwE5Q — Bitcoin Magazine (@BitcoinMagazine) April 4, 2024…
matdesign24/iStock via Getty Images PaySign, Inc. (NASDAQ:PAYS) continues to deliver double digit net sales growth driven by successful investments in prepaid card-based payment solutions targeting the plasma donation industry. With 465 plasma centers and 6.4 million cardholders as well as sponsorship with large banks and card companies, I believe that operating margin and FCF could…
JHVEPhoto Introduction & Investment Thesis ZoomInfo (NASDAQ:ZI) is a cloud-based sales and marketing platform that has underperformed the S&P 500 and the Nasdaq 100 YTD. The company released its Q4 FY23 earnings report last month, and while revenue and earnings met expectations, the company has guided revenue to grow just 2.4% in FY24 and non-GAAP…
Cris Cantón/Moment via Getty Images Investment thesis Our current investment thesis is: ODC appears to be an attractive proposition for exposure to alternative energies, with good innovation and production capabilities positioning ODC to rapidly increase its scale. Management appears talented, with a keen eye for innovation. Following operational improvements and an increase in unit economics,…
Phiromya Intawongpan We were wrong about the ARK Innovation ETF (NYSEARCA:ARKK) when we covered the fund back in 2022 suggesting the high-growth and tech-heavy thematic strategy was poised to outperform. ARKK is down about 20% from that article publication date and we’ll admit it’s not one of our finer works. While stocks did indeed rebound…
wilpunt Investment Rundown The stock price of Onto Innovation Inc (NYSE:ONTO) has been on a roaring uptrend for the last 12 months, exhibiting a 120% return, heavily outperforming the broader markets. However, the question arises of how long ONTO can maintain its recent years of explosive growth. It seems to be heavily tied to decreasing…
akinbostanci Introduction While IT giants dominate the cloud infrastructure industry, a rising star called DigitalOcean (NYSE:DOCN) has emerged in recent years, demonstrating a global presence in 190 countries and remarkable profitability despite its comparatively modest scale. The company doesn’t directly compete with tech giants as it focuses on small and medium businesses, yet this niche’s…
Monty Rakusen Back in July, I placed a “Sell” rating on the ARK Innovation ETF (NYSEARCA:ARKK) run by portfolio manager Cathie Wood, saying it looked like a gambling person’s type of portfolio. I reiterated the rating in October. The ETF is up 8% since my initial write-up, in line with the S&P 500 over the…
andriano_cz Aurora Innovation (NASDAQ:AUR), the self-driving trucking company, has seen a significant boost in its share price; it is up more than 100% in recent months. When TuSimple Holdings (TSP), the only other major player in this market, decided to withdraw from the US, it left AUR with an open field and a potential road…
Belgrade, the capital of Serbia, welcomes the inception of HUB21, a pioneering non-profit association dedicated to education, fostering research, and creating networking avenues within the global Bitcoin design and development ecosystem, according to a press release sent to Bitcoin Magazine. The association’s launch aims to bridge the gap in understanding and participation in Bitcoin within…
Taproot Wizards seeks to bring together developers to build different applications and solutions on top of the Bitcoin Base layer that will maximize the potential of the Taproot upgrade carried out in 2021 To strengthen the innovations in the world of Bitcoin, Taproot Wizards secured new funding to further develop the BTC ecosystem. The successful…
The launch of the IBM Enterprise AI Venture Fund builds upon the growing momentum and widespread adoption of the company’s AI platform called watsonx. International Business Machines (IBM), one of the leading technology giants in the United States, has launched a $500 million venture fund to bolster artificial intelligence (AI) innovation. In an official announcement…
Scharfsinn86/iStock via Getty Images Summary Readers may find my previous coverage via this link. My previous rating was a buy, as I believed Aurora Innovation (NASDAQ:AUR) was on the right track in terms of execution and achieving its commercial launch by the end of 2024. I am reiterating my buy rating as I do not…
Marco Bello Back in July, I placed a “Sell” rating on the ARK Innovation ETF (NYSEARCA:ARKK) run by portfolio manager Cathie Wood, saying it looked like a gambling person’s type of portfolio. With the ETF down -12% since my write-up versus a -1% decline in the S&P 500 over the same period, let’s take a…
dima_zel/iStock via Getty Images Overview The ARK Space Exploration & Innovation ETF (BATS:ARKX) aims to capture investment opportunities centered around the theme of space exploration and associated technologies. This includes companies involved in orbital aerospace, which refers to companies that launch, make, service, or operate platforms in the orbital space such as satellites or spacecraft….
Today on day two of Bitcoin Amsterdam 2023, the President of Madeira Miguel Albuquerque, alongside Prince Filip of Serbia in a fireside chat, announced the creation of a Bitcoin business hub in the region to foster innovation. “Last night you showed me the picture of what will be the new Bitcoin business hub,” said Prince Filip. “The…
Kevin Dietsch/Getty Images News Our Best Quarter Yet On Saturday, I reached out to a friend and shared, Affirm’s best Q ever, no? Still no competition for Affirm Card, and rewards will likely be very unique also as it won’t simply be a cut of MDR (merchant discount rate) nor simply one time cash back…
gangliu10/iStock via Getty Images One of the first stocks I ever looked at was Teva Pharmaceutical Industries (NYSE:TEVA). It had a drip option at Computershare (OTCPK:CMSQY) when I first started investing over twenty years ago. At the time, I decided to pass on the stock because I did not believe it had the necessary risk…
Bosca78 Japanese electric motor manufacturer Nidec (OTCPK:NJDCY)(OTCPK:NNDNF) has continued to test investor patience, even if many of the recent drivers of sentiment are outside of the company’s control. While Nidec local shares have risen about 5% since my last update, currency moves have worked against U.S. shareholders, driving a small loss, though the performance has…
Anastasiia Burlakova/iStock via Getty Images Onto Innovation (NYSE:ONTO) announced on August 10 its Q2 2023 earnings to much fanfare. Its Q2 Non-GAAP EPS of $0.79 missed by $0.05. Revenue of $190.66M (-25.6% Y/Y) missed by $12.34M. The stock is currently trading flat since the call because of hyperbole surrounding its AI (artificial intelligence) efforts, which…
da-kuk Thesis The semiconductor industry appears to have a vast runway ahead of it. This by extension makes the VanEck Semiconductor ETF (NASDAQ:SMH) an attractive fund for long-term investors. That being said, the realm of technology and innovation is wrought with creative destruction at every corner. Add the risk of a black swan event occurring…
fizkes/iStock via Getty Images Investment Thesis Purple Innovation (NASDAQ:PRPL) had evolved from an online bedding company to an omni-channel brand that sells multiple mattresses across a wide range of price points. Post the outsized growth during the pandemic, the company’s fortunes have significantly deteriorated having declined ~89% in past 3 years and over 35% in…
Eoneren/E+ via Getty Images By Jim Madden, Tony Tursich, and Beth Williamson In 2021, the operations of buildings accounted for 30% of global final energy consumption. This share is expected to increase in the coming decades as the global population grows and becomes more urbanized. Given the global focus on reducing energy use, there are…