Shutter2U Co-authored by Treading Softly. A common mistake people make is failing to plan for the future. There is a classic saying that goes, “failing to plan is planning to fail.” This might seem harsh, but it does resonate in plenty of people’s life experiences. The reason is that, while it is important to enjoy…
iQoncept Investment Thesis Apple (NASDAQ:NASDAQ:AAPL) recently announced its Q2 FY24 earnings results that beat estimates. Two straight takeaways from their earnings report were the hardware devices business not doing as badly as markets estimated and its record share buyback program, which is now on record as the largest ever share repurchase program. This earnings announcement…
Just_Super Welcome to the Vanadium miners news. April saw vanadium pentoxide prices and ferrovanadium prices slightly lower, remaining at very depressed levels. Vanadium uses Vanadium is traditionally used to harden steel. Chinese rebar standards are requiring more vanadium. Also Vanadium Flow Batteries [VRFBs] are becoming increasingly popular especially for commercial energy storage, most notably in…
Maksim Safaniuk/iStock via Getty Images Welcome to the April 2024 edition of the ‘junior’ lithium miner news. We have categorized those lithium miners that are not in production as the juniors. Note: Investors are reminded that many of the lithium juniors will most likely not be needed until the mid and late 2020’s to supply…
Martin Barraud Lately, I have written a few negative articles on Realty Income (NYSE:O) and this has led some of its bulls to label me as a “hater”. But the reality is that I have no dog in this race. I am not shorting Realty Income, and I don’t stand to benefit in any way…
Olivier Le Moal By Mike Maharrey Silver endured a significant sell-off last Friday. Was this another step forward in the bull market? This may seem counterintuitive, but GoldMoney founder James Turk thinks it was a positive sign for silver bulls. The spot price of silver fell from just over $29.60 per ounce to just under…
gerisima/iStock via Getty Images Investment Thesis Years of lower sales, shrinking ROIC, and declining margins add to the many risks ahead for Leggett & Platt, Incorporated (NYSE:LEG). This Dividend King could even lose its crown if their situation does not improve. Bedding And Bedding Accessories Leggett & Platt is a company that makes various consumer-discretionary…
Daniel Grizelj The WD-40 Company (NASDAQ:WDFC) stock is a long-term name we have continued to hold, one of our longest-held positions. In our last update, we continued to suggest holding shares are pricey based on valuations metrics. However, the stock has been consistently “overvalued” on many of these metrics. The stock, despite all the movement…
Luis Alvarez Oil prices are back on the rise, finishing last week at the highest mark since October. The Energy sector has been very strong as renewed selling pressure in the bond market has brought about feelings of 2022. In past market cycles, bull markets in WTI and Brent have coincided with healthy returns in…
peepo/iStock via Getty Images Welcome to the March 2024 edition of Electric Vehicle [EV] company news. YTD 2024 has seen the global plug-in electric car sales ‘growth rate’ slowdown from 30% in 2023 to about 14-17% in Q1, 2024. This is no disaster and is relatively normal for the seasonal slowdown that occurs each year…
MStudioImages/E+ via Getty Images Tripadvisor (NASDAQ:TRIP) is a leading global travel review and price comparison platform founded in 2000 as part of Expedia. It completed a spin off and became publicly traded in 2011. I have covered TRIP in the past in 2020, when I assigned it a neutral rating due to my doubt about…
zhz_akey Welcome to the March 2024 edition of the lithium miner news. The past month saw a strong recovery in lithium prices suggesting the lithium price bear market may be over. For example, China spot lithium carbonate prices have increased by 19.9% in the past month, bouncing higher from the mid-February low. Lithium price news…
simonkr Welcome to the February 2024 edition of the lithium miner news. The past month saw lithium prices generally flat. Lithium price news Asian Metal reported during the past 30 days, the China delivered lithium carbonate (99.5% min.) spot price was down 0.59% and the China lithium hydroxide (56.5% min.) price was down 2.18%. The…
albertc111/iStock via Getty Images The February 14 SEC filing by Tesla, Inc. (NASDAQ:TSLA) indicating CEO Elon Musk has a 20.5% stake in Tesla has been treated by some as significant news. It is not; it is a standard SEC filing which must be done periodically. In fact, in the form that was filed a year…
3alexd Welcome to the January 2024 edition of Electric Vehicle [EV] company news. Global plugin electric car sales for 2023 Global plugin electric car sales grew by 35% in 2023, to reach a record ~13.7m units and 16% market share. 2023 global plugin electric car sales by month Seeking Alpha Trend Investing The “fake news”…
Just_Super Welcome to the Vanadium miners news. January saw vanadium pentoxide prices flat and a sharp increase in ferrovanadium prices (especially in Europe). We also saw some signs of increased vanadium demand from China. Vanadium uses Vanadium is traditionally used to harden steel. Chinese rebar standards are requiring more vanadium. Also Vanadium Flow Batteries [VRFBs]…
bpawesome/iStock via Getty Images Topline Summary Elevation Oncology, Inc. (NASDAQ:ELEV) had a very rocky early 2023, then spent the rest of the year drifting further and further out of relevancy. Starting almost immediately in 2024, the company spiked past $100 million market capitalization on the basis of positive guidance. Is now a good time to…
Kris Hoobaer/iStock via Getty Images Dear readers/followers, In this article, I’m going to be updating on Hamburger Hafen (OTC:HHULF). In conjunction with the last published quarterly report and other news, the company gave a massive bounce, which also means that my stake in the company is currently at a solid “green” in terms of returns….
Just_Super Welcome to the Vanadium miners news. December saw flat vanadium prices and a slower month of news dominated by several small capital raisings. Vanadium uses Vanadium is traditionally used to harden steel. Chinese rebar standards are requiring more vanadium. Also Vanadium Flow Batteries [VRFBs] are becoming increasingly popular especially for commercial energy storage, most…
Dilok Klaisataporn Why did powerful third-quarter growth come as such a surprise? Olga Bitel, Partner, Global Equity Strategist and Hugo Scott-Gall, Partner, Portfolio Manager, Co-Director of Research, Global Equity Team, discuss the broad expansion in the U.S. economy, the moderation of inflation, and what to look for in a stock picker’s market. Hugo: Olga, what…
MicroStockHub As expected, the US Fed did not hike yesterday and held its policy rate at a 22-year-high while signalling rate cuts to start in 2024. Asset markets are jubilant across the board. Relief rallies are typical at the end of central bank hiking cycles. Optimism makes sense for government bonds, which become more valuable…
Pogonici There are still 23 days to go before calendar year 2023 rolls to an end. That leaves plenty of time for surprises of a good or not good variety to make themselves known to the market. In terms of things we do know, though, there really is just one more big news cycle to…
Dilok Klaisataporn/iStock via Getty Images “A lot of people with high IQs are terrible investors because they’ve got terrible temperaments.” – Charlie Munger In conversations about the economy over the last several months, we’ve discussed how the current macro backdrop has been among the most difficult to make sense of that I can ever remember….
Black_Kira/iStock via Getty Images Welcome to the November 2023 edition of the ‘junior’ lithium miner news. We have categorized those lithium miners that won’t likely be in production before 2024 as the juniors. Investors are reminded that many of the lithium juniors will most likely be needed in the mid and late 2020’s to supply…
OlekStock Welcome to the November 2023 cobalt miners news. The past month saw flat cobalt prices continue and a rather flat month of news. Cobalt price news As of November 24, the cobalt spot price was at US$14.86/lb, effectively the same as US$14.85/lb last month. The LME cobalt price is US$32,510/tonne. LME Cobalt inventory is…
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…
A number of AI tokens have seen recent significant increases, following Musk’s xAI shareholder announcement, along with other news updates. Artificial intelligence (AI) tokens climbed over the past weekend following news from AI companies about the future of the sector. X Corp owner and Chairman Elon Musk said on Sunday that the company’s shareholders would…
fazon1 By James Smith, Developed Markets Economist To no great surprise, UK inflation plunged in October as the impact of lower gas prices finally showed through in a meaningful way. Last year’s 25% increase in household energy bills has dropped out of the annual comparison, while electricity/gas prices fell by 7% in October this year….
dem10 I last wrote on the Vanguard Total International Stock Index Fund ETF (NASDAQ:VXUS) in December 2022, arguing that the dollar had peaked which would provide the impetus for international equity outperformance versus the US. Since then, the dollar has drifted higher, leading to continued VXUS underperformance, but the tide now seems to be turning…
For several hours, the iShares XRP Trust appeared on the ICIS Delaware website suggesting that BlackRock had filed to list an XRP ETF, which was confirmed to be fake. Amid the ongoing Bitcoin (BTC) and Ethereum (ETH), exchange-traded funds (ETFs) in the United States, the crypto community has questioned why the Ripple Labs-backed XRP has…
Over the last 2 years, there have been a few cuts within the company as part of its goal to “deliver durable savings through improved velocity and efficiency”. Tech giant Google LLC (NASDAQ: GOOGL) has cut at least 40 jobs in its Google News division. According to those familiar with the matter, the reason behind…
A leaked internal memo from CEO Spiegel revealed optimistic projections for Snap, likely relieving investors and causing shares to rise. Snap Inc (NYSE: SNAP) shares jumped about 12% following news that the company’s co-founder and CEO informed employees in a September internal memo that the company’s number of daily active users (DAUs) is set to…
Aleksandr Potashev/iStock via Getty Images Investment Thesis XPEL (NASDAQ:XPEL) has been an outstanding performer over the last decade. The company specializes in a highly specific niche, focusing on products like Paint Protection Film. While they’ve had past success, the rising popularity of these products could cause that car manufacturers, who are presently clients of XPEL,…
L_Mirror/iStock via Getty Images Welcome to the September edition of the graphite miners news. September saw continued weak graphite prices and some good news from the graphite producers and juniors. Graphite price news During the past 30 days, the China graphite flake-194 EXW spot price was down 3.23%. The China graphite flake +195 EXW spot…
Photon-Photos/iStock via Getty Images Welcome to the September 2023 edition of the lithium miner news. The past month saw a continued fall in lithium carbonate spot prices in China, now close to the level where they bottomed in late April 2023 (see chart below). Lithium price news Asian Metal reported during the past 30 days,…
Darren415 Welcome to another installment of our CEF Market Weekly Review, where we discuss closed-end fund (“CEF”) market activity from both the bottom-up – highlighting individual fund news and events – as well as the top-down – providing an overview of the broader market. We also try to provide some historical context as well as…
shotbydave Welcome to the September 2023 cobalt miners news. The past month saw a continued weak cobalt market weighed down by low cobalt prices. It was a very quiet month for news. Cobalt price news As of September 22, the cobalt spot price was at US$14.85/lb, about the same as US$14.84/lb last month. The LME…
MahmutSonmez Oil prices are the talk of Wall Street now that Q3 earnings season has come to an end. WTI is above $85, at fresh 2023 highs, as Brent approaches $90. While many sell-side analysts have assumed an oil price in the $70s to low $80s, any bump up toward $90 or even $100 could…
News Corporation (NASDAQ:NWSA) Q4 2023 Earnings Conference Call August 10, 2023 5:00 PM ET Company Participants Michael Florin – Senior VP and Head of IR Robert Thomson – CEO and Director Susan Panuccio – CFO Conference Call Participants David Karnovsky – JPMorgan Alan Gould – Loop Capital Kane Hannan – Goldman Sachs Entcho Raykovski –…
georgeclerk By James Smith, Chris Turner Bank of England reverts back to a 25bp hike Better news on inflation has, as expected, enabled the Bank of England to pivot back to a 25-basis point rate hike this month. That follows a more aggressive 50bp hike back in June. Policymakers clearly don’t want to come across…
Ilija Erceg AerCap Holdings (NYSE:AER) reported second-quarter earnings this week and management revised its 2023 earnings guidance upward to $8.50 – $9.00 per share, excluding gains on sales expected to be realized in the second half of this year. They also guided towards $2.5 billion in asset sales for the full year, and assuming a…
Just_Super Welcome to the nickel miners news for July. The past month saw some nickel price improvement but also saw renewed calls for an oversupply in 2023, albeit with some forecasting China nickel demand to improve from stainless steel and EVs. Nickel price news As of July 31, the nickel spot price was USD 9.71,…
Sakorn Sukkasemsakorn After a rough beginning to earnings season, the peak season got off to an impressive start last week, with many highly-anticipated companies reporting better-than-expected results. Big tech in particular led the rally last week, with the Nasdaq Composite closing nearly 2% higher by Friday. While Microsoft (MSFT) surpassed expectations on the top and…
Petmal Welcome to the Vanadium miners news. July saw several vanadium companies sign vanadium off-take deals and one sign a contract to sell VRFBs. These are positive signs that there is strong demand for vanadium and a growing demand for VRFBs. Vanadium uses Vanadium is traditionally used to harden steel. Chinese rebar standards are requiring…
Marilyn Nieves Piedmont Office Realty Trust (NYSE:PDM) turned in another strong quarter of leasing with positive cash spreads of 14%. They also made significant progress in the renewal of their largest tenant, U.S. Bank. But the real story is their recent refinancing activity and the subsequent decrease in the quarterly dividend. Some may relish in…
Just_Super Welcome to the July 2023 edition of the ‘junior’ lithium miner news. We have categorized those lithium miners that won’t likely be in production before 2024 as the juniors. Investors are reminded that many of the lithium juniors will most likely be needed in the mid and late 2020’s to supply the booming electric…
naphtalina/iStock via Getty Images CNBC Closing Bell This morning I joined Ade Nurul Safrina on CNBC “Closing Bell” Indonesia to discuss the Fed’s move yesterday, Emerging Markets, Earnings and Markets Outlook moving forward. CPS As many of you know, Cooper-Standard (CPS) started as one of our largest three positions (by capital deployed) in May of…
Investment banking company, TD Cowen, published a recent report on MicroStrategy and its adoption of Bitcoin, according to documents obtained by Bitcoin Magazine. “MicroStrategy represents a new kind of firm, which generates dollar -based cash flow from enterprise software products and cloud intelligence services but then converts its excess cash flow – on an effectively…