Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. GameStop has announced plans to sell up to 45mn new shares, following a week in which its stock soared after the re-emergence of a popular day trader synonymous with “meme stock” investing. The video game…
Yevhen Smyk Waste Management, Inc. (NYSE:WM), through its subsidiaries, engages in the provision of environmental solutions to residential, commercial, industrial, and municipal customers in the United States and Canada. We have published already three article on Seeking Alpha about the firm, starting in July, 2022, with a bullish coverage. Later on, in October, 2022, we…
hapabapa Rubrik (NYSE:RBRK) is the first major software IPO of the year and came public to great success, with the stock trading 15% higher at the close. I analyze the financial results and discuss the confusing difference between revenue and ARR growth. The company is not yet profitable, but I expect solid margins over the…
Skyhobo Investment Thesis I have been covering the health insurance giant Humana Inc. (NYSE:HUM) and its fluctuating fortunes – in terms of its share price performance – for Seeking Alpha since 2019, and one its key strengths has been its ability to bounce back after the market has sold shares in response to perceived crises….
JLGutierrez By James Smith UK inflation continued to head in the right direction in February and slipped further than expected to 3.4% from 4.0% a month earlier. A lot of this can be explained by food inflation, which is falling rapidly. On a month-on-month basis, producer prices for food have either been flat or slightly…
Taiyou Nomachi Elevator Pitch I rate Rayonier Inc. (NYSE:RYN) stock as a Buy. Previously, my December 12, 2023 article touched on Rayonier’s corporate actions like asset disposals, shareholder capital return, and deleveraging. In the current write-up, I outline the takeaways from RYN’s disclosures at the recent Raymond James (RJF) 45th Annual Institutional Investors Conference on…
The specter of a U.S. economic recession has loomed for more than a year, yet it has not materialized. Nonetheless, a recent change in the yield curve indicates that the possibility of a recession remains significant and could be growing stronger. ryasick By Andrew Prochnow The specter of a U.S. economic recession has loomed for…
istetiana/Moment via Getty Images By Andrew Prochnow Recent developments suggest that those banking on a March rate cut by the Federal Reserve may need to recalibrate their expectations. The likelihood of a March rate cut diminished significantly in early February following the U.S. Labor Department’s announcement affirming robust hiring in the economy and the unyielding…
jewhyte Investment Thesis In one of my recent articles, I conducted a comprehensive risk-analysis on the current composition of The Dividend Income Accelerator Portfolio. In that analysis, I highlighted the strengths of The Dividend Income Accelerator Portfolio, such as its extensive diversification over companies, sectors and industries as well as its geographical diversification, which contribute…
JHVEPhoto Novo Nordisk (NVO) reported a strong set of Q3 results (November 2nd), beating analyst consensus on both top line and earnings. In addition to strong financials, the latest results on Novo’s SELECT CVOT study highlighted that Wegovy/ Ozempic treatment may cut the risk of death on cardiovascular disease by 18%, following a string of…
Unlike its competitors, Mistral AI chose to make its model available as a free download instead of providing access through APIs. This approach empowers developers to run the model on their own devices and servers. French Artificial Intelligence (AI) startup Mistral AI has reached a valuation of $2 billion following the conclusion of a successful…
RapidEye I have to confess that between my husband and me, we are not very “street smart” when it comes to raising teenagers. I’m embarrassed to admit that we didn’t realize our 17-year-old daughter was hosting a party in our basement until the next morning when our doorbell camera revealed a steady stream of late-night…
skynesher Introduction I previously covered Franklin Covey (NYSE:FC), back in May, when I wrote an article explaining my bullish view on the stock. Since then, the shares have risen a modest 2% to $37.83, less than the 5% rise seen in the S&P 500 (SPY). This underperformance against the S&P comes despite the shares reaching…
AUNG MYO HTWE/iStock via Getty Images Investment Overview: Zentalis Believes ‘Pipeline-In-A-Pill” Azenosertib Will Soon Make Grade In Ovarian Cancer Zentalis Pharmaceuticals, Inc. (NASDAQ:ZNTL) is a clinical-stage biotech headquartered in New York that was listed on the Nasdaq in April 2020, raising ~$165m via the issuance of ~9.2m shares priced at $18 per share. At the…
Following the SEC’s latest filings, there have been mixed reactions, with some favoring the SEC and others supporting Binance. The United States Securities and Exchange Commission (SEC) has stated that Binance’s motion to dismiss a lawsuit filed against it has no basis in law. The federal regulator revealed this while responding to the motion against…
BTC Inc., through its Ordinals-focused division Rare BTC, has brokered the sale of inscription number 76 for 1.7 BTC, which is equivalent to approximately $61,000 at the time of sale. The sale is indicative of the active interest and perceived value in the Ordinals space, with Rare BTC positioning itself as a key player in…
Non-fungible tokens and blockchain appeared on The Simpsons. During the recent Halloween special episode of The Simpsons, one of the longest-running TV series in the United States, the beloved animated family, took a playful swing at the world of non-fungible tokens (NFTs) and the crypto industry, making viewers chuckle and sparking conversations about the show’s…
The tech giant also announced that the latest version of ERNIE has been integrated into its suite of services. Chinese technology company Baidu has unveiled the latest version of its generative artificial intelligence (AI) model ERNIE 4.0. The company claims that ERNIE 4.0’s capabilities now match those of OpenAI’s GTP-4 model. The upgrade was announced…
Lemon_tm In a stunning revolution in Republican leadership, House Speaker Kevin McCarthy was ousted as Speaker in a close (216 to 210) vote. The House then took a five-day recess and now seems adrift before electing a new leader. The vocal minority of eight Republicans that voted to oust McCarthy is frustrated with rising federal…
honglouwawa By Carsten Brzeski, Global Head of Macro and James Smith, Developed Markets Economist Central bank rates are reaching their peak globally, and we’re already starting to see rate cuts in certain regions. Here’s what our team expects from policymakers across the world over the next few months. Macrobond, ING Federal Reserve Our call: No…
Bitcoin Magazine has just launched its latest Ordinal inscription, honoring the new tradition of publishing the print edition covers directly to the Bitcoin blockchain. This time, the company inscribed both the front and back cover of the magazine, as the “Withdrawal Issue” shows a unique full-spread design, complete with the spine. Differently from previous launches,…
blackred/iStock via Getty Images Overview Many market participants sense an inflection point is near. The dollar settled last week beyond key levels against several major currencies, bolstered by higher short-term US rates. The market is aware that the Bank of Japan could intervene in the foreign exchange market with the trading near its best levels…