Vanguard, one of the world’s largest investment firms, has named a new CEO: Salim Ramji, who previously led BlackRock’s ETF business and helped launch its spot bitcoin ETF, IBIT in January. JUST IN: Vanguard appoints Salim Ramji as a new CEO, a former Blackrock’s #Bitcoin ETF lead. Earlier, Vanguard refused to offer BTC ETF 👀…
chapin31 Thesis Texas Roadhouse, Inc. (NASDAQ:TXRH) is a compounding machine that I believe will continue to outperform the overall market. A combination of a strong balance sheet and a long runway for profitable growth will drive the company to much higher levels. Shareholders will continue to benefit from their shareholder-friendly policy and the relatively lower…
ijeab The momentum factor is on track to end April as it began: the strongest year-to-date performer among US equity factors, based on a set of ETFs through Friday’s close (Apr. 26). In line with the broad market, iShares MSCI USA Momentum Factor ETF (MTUM) has taken a hit in recent weeks after touching a…
RiverNorthPhotography/E+ via Getty Images Is This A Turning Point For Bonds To Lead? Heightened geopolitical fronts and deflated hopes for lowering interest rates held the S&P 500 index (or SPDR S&P 500 ETF, SPY) under pressure, pulling the benchmark down below 5,000 for the first time since February to a sixth consecutive slide, its weakest…
JHVEPhoto Alcoa Corp. (NYSE:AA) is a major producer of bauxite and aluminum products, and it is headquartered in Pennsylvania. Major U.S. banks typically kick off the earnings season, and Alcoa is one of the first non-bank companies to release earnings. This company is set to report Q1 earnings on April 17, 2024, after the market…
dani3315/iStock via Getty Images TG Therapeutics Inc. (NASDAQ:TGTX), saw its multiple sclerosis drug BRIUMVI approved by the FDA at the end of 2022 and the launch began in January 2023. There was no shortage of results in the same year, and new partnerships were consolidated for marketing outside the US. Based on the results achieved…
At the Bitcoin Policy Summit in Washington DC today, U.S. Congressman Patrick McHenry (R-NC) emphasized the importance of the United States taking a leadership role in Bitcoin and not lagging behind in during a fireside chat with Club for Growth President David McIntosh. JUST IN: 🇺🇸 Congressman Patrick McHenry says the US needs to be a leader in #Bitcoin…
mrsmuckers Overview Aflac (NYSE:AFL) remains a strong dividend growth company, despite the price underperforming the S&P 500 (SPY). I previously covered Aflac in December of 2023 and since then the total return has been a bit underwhelming at approximately 6%. This is in comparison to the S&P’s total return of nearly 10%. However, if you…
fcafotodigital In mid-December, CapitalSpectator.com mused: “Are Commodities A Compelling Contrarian Trade For 2024?” The answer so far this year continues to be “yes,” as a rally for prices of raw materials continues to bubble after a rough 2023 in this corner of global markets. Two weeks ago I noted that commodities had overtaken US stocks…
onurdongel/E+ via Getty Images Introduction and Thesis Hooker Furnishings Corporation (NASDAQ:HOFT) stands as a distinguished player in the furniture industry, renowned for its commitment to craftsmanship and innovation. With a rich history dating back to 1924, the company has established itself as a provider of high-quality home furnishings, catering to a diverse clientele. Hooker HOFT…
~UserGI15994093/iStock via Getty Images Since our initiation of coverage, Positive Megatrends & Supportive Capital Allocation Priorities, Prysmian (OTCPK:PRYMF) delivered a >30% total return. Our team has already increased the target price to €43 per share, but after the results for the fiscal year 2023, the company is now > €46 per share. Our supportive equity…
Funtap Interest rate sensitive sectors, such as Real Estate Investment Trusts, have felt the weight of high rates in recent quarters. Sam Damiani, Director for Equity Research at TD Cowen, tells MoneyTalk’s Greg Bonnell, why the outlook for REITs would likely improve once those rates start to come down. Transcript Greg Bonnell: Rate-sensitive sectors like…
Walmart will begin its second half century of dividend growth in late February. Alexander Farnsworth/iStock Editorial via Getty Images This is the latest in my series of articles where I provide predictions of annual dividend increases for long-term dividend growth companies. At the end of January, I provided predictions for 20 dividend growth companies that…
MediaProduction/E+ via Getty Images Investment Thesis Vanguard Total World Stock Index Fund ETF Shares (NYSEARCA:VT) warrants a hold rating due to its suboptimal performance as a result of extremely high diversification. While VT provides investors with a single fund to capture the returns of both developed and emerging markets, its diversification of over 9,000 holdings…
We-Ge/iStock Unreleased via Getty Images trivago (NASDAQ:TRVG), established in 2005, is a leading hotel metasearch engine, aggregating and comparing prices from over 5 million hotels and other types of accommodation across 190 countries. TRVG provides users with comprehensive price comparisons and simplified hotel discovery. TRVG generates revenue by acting as a middleman, connecting users with…
Anton Petrus/Moment via Getty Images Betting on the demise of the long-running leadership of US shares over foreign markets has been a losing proposition for some time, and the early going in 2024 suggests the trend persists. It’s only February, and so the new year is still ripe with opportunity, risk, and surprise. But judging…
bymuratdeniz 2023 was the year of artificial intelligence (AI). And this is continuing into 2024. But I’m looking for companies set to benefit from the proliferation of AI that haven’t taken off yet. One such company is ZoomInfo (NASDAQ:ZI). ZI’s business-to-business (B2B) contact database is the biggest and most up-to-date in the world. And this…
The timing of the fee reduction aligns with the recent approval of several Bitcoin ETFs, leading to a rush among providers to position themselves favorably in the competitive ecosystem. In a strategic move to gain a competitive edge, Franklin Templeton, an American multinational holding company, has once again slashed the fees for its Bitcoin Exchange-Traded…
Dmytro Aksonov/E+ via Getty Images Want to know something you see in bull markets? Rotation. First one group of stocks leads, then another. Then another. When one sector runs out of steam, another sector grabs the baton and drags the index higher. All year it’s been about mega cap tech stocks and the NASDAQ. More…
Ingenious Buddy Three IPOs and two SPACs debuted this week, while the pipeline got a boost from a flurry of initial filings. Oncology biotech CARGO Therapeutics (CRGX) priced at the bottom of the range to raise $281 million at a $611 million market cap. The biotech’s lead program is an autologous CD22 CAR T-cell candidate,…
peterschreiber.media It’s a rough time in the EV auto space. Tesla (TSLA), specifically, has endured significant selling pressure following strong rallies earlier this year. Fundamentally, lower sticker prices for the firm’s vehicles is certainly a worrisome trend – and that is seen in softer quarterly sales trends. Still, a ‘volume over price’ strategy could be…
Funtap I came across the Global X SuperDividend REIT ETF (NASDAQ:SRET) while looking at high yielding funds. Although the SRET ETF pays an 8.7% distribution yield, I fear its narrow focus on high yielding global REITS may lead to poor overall performance for the fund, as a high dividend yield basically means poor stock performance….
Vittorio Gravino/iStock via Getty Images Intro We wrote about The Ensign Group, Inc. (NASDAQ:ENSG) back in December 2020 when we were encouraged by the company’s consistent record quarterly earnings. Although Ensign’s valuation was getting frothy at the time (resulting in us dialing down our Buy rating to a Hold rating), the stock still looked very…
Astera Labs closed its series D funding round in November last year with $150 million at a valuation of about $3.15 billion. Santa Clara, California-based semiconductor connectivity solutions firm, Astera Labs Inc has appointed Morgan Stanley (NYSE: MS), and JPMorgan Chase & Co (NYSE: JPM) as the lead underwriters for its highly anticipated initial public…
Phiromya Intawongpan Recently, my attention was drawn to an ad promoting iShares Total Stock Market ETF (NYSEARCA:ITOT) (prospectus). The ad highlighted the diverse nature of the index into the total stock market, along with the fund’s reasonable 0.03% expense ratio. I’m not an avid investor of exchange traded funds, but if I’m going to participate…
Cunaplus_M.Faba/iStock via Getty Images Cyteir (NASDAQ:CYT) is a developer of cancer therapeutics. Lead candidate CYT-0851 is an orally bioavailable small molecule inhibitor of monocarboxylate transporters targeting relapses or refractory solid tumors in a phase 1 trial. In July, despite seeing drug activity in monotherapy trials, the company decided to suspend operations and sell all assets….
Beyond hardware and the focus on Vision Pro, Apple is making significant strides in the world of Artificial Intelligence. The year 2024 is already shaping up to be an exciting one for enthusiasts of Apple Inc (NASDAQ: AAPL), with the tech giant said to be working on a host of major product launches beyond Vision…
Chainlink’s Cross-Chain Interoperability Protocol (CCIP) might provide a lasting solution to the challenge posed by blockchain fragmentation. In a recent development, the Australia and New Zealand Banking Group (ANZ), one of Australia’s major banks, is taking significant steps toward the launch of its bank-issued stablecoin A$DC. This move follows a successful test transaction conducted using…
stevelenzphoto/iStock via Getty Images Investment Thesis Thryv Holdings (NASDAQ:THRY) is the largest independent producer of Yellow Pages in the United States. It doesn’t take a genius to understand that this is a disastrous business and that it is basically a melting ice cube where time plays against it. This is exactly why I believe this…
Chainalysis’ head of investigations doesn’t seem to have a great understanding of whether her company’s flagship software even works. Elizabeth Bisbee, head of investigations at Chainalysis Government Solutions, testified she was “unaware” of scientific evidence for the accuracy of Chainalysis’ Reactor software used by law enforcement, an unreleased transcript of a June 23 hearing shared…
mahiruysal/E+ via Getty Images Helios Towers (OTCPK:HTWSF) is a telecommunication tower company focused on African and Middle-East regions. The business model of the tower companies is rather simple. Purchase a portfolio of towers, operate them efficiently and add more tenants on the towers, which elevates return on invested capital. While the stock has been sliding…
Milei’s political platform has been characterized by his passionate advocacy for BTC and his calls for the dissolution of the Argentine central bank. Javier Milei, a prominent Argentinian politician known for his pro-Bitcoin stance and radical views on economic reform, has surged ahead in the country’s primary presidential election. Milei, who has been a vocal…
Receive free Emerging market investing updates We’ll send you a myFT Daily Digest email rounding up the latest Emerging market investing news every morning. Bonds issued by some of the world’s poorest economies have been among the best performers in debt markets this year, helped by signs that global interest rates are close to peaking…
Receive free Bank of England updates We’ll send you a myFT Daily Digest email rounding up the latest Bank of England news every morning. The Bank of England has asked former US Federal Reserve chair Ben Bernanke to review its economic forecasting after it came under heavy criticism for underestimating inflation. The BoE’s governing body,…