Luis Alvarez/DigitalVision via Getty Images Investment Thesis Maxeon Solar Technologies (NASDAQ:MAXN) delivers preliminary results that imply that its revenue growth rates are slowing down at a rapid clip. Not only are its revenues expected to shrink by 37% y/y, but more crucially, its net debt position has significantly increased. What’s more, the business’ underlying cash…
Yesterday we were supposed to have a hearing on the preliminary injunction in the Texas Blockchain Council v. Department of Energy case. But, as often happens in litigation, things change quickly. Tuesday the judge entered an order canceling today’s hearing based on the parties reaching an “agreement-in-principle” on the overall dispute. This agreement must be…
AlexandrBognat/iStock via Getty Images Elevator Pitch I have a Buy investment rating for BYD Electronic (International) Company Limited (OTCPK:BYDIF) (OTCPK:BYDIY) [285:HK]. Previously, I touched on the risk relating to the company’s customer concentration, and BYDIF’s efforts to diversify its client mix in my June 1, 2020 article. In its 1H 2023 interim report, BYD Electronic…
coldsnowstorm Never bet against the American consumer. That’s what so many pundits say, and the December Retail Sales report put out by the US Census Bureau last Wednesday underscored strength in spending to wrap up 2023.[1] Both the headline figure and the “control group,” which backs out some volatile categories, came in well above economists’…
If formally adopted, these uniform rules will strengthen cooperation among EU member states in combating financial crime. The European Union (EU) has made progress towards imposing stricter due diligence rules for cryptocurrency firms as part of its Anti-Money Laundering Regulation framework. These regulations aim to combat money laundering and establish standardized rules across all its…
Text S.A. (OTC:LCHTF) Q3 2023/2024 Preliminary KPIs Conference Call Transcript January 4, 2024 9:00 AM ET Company Participants Lucja Kaseja – IR Marcin Droba – IR Lucja Kaseja And once again, good afternoon and good morning to everyone. Very nice to see you in the new year. Today, there will be two of us presenting,…
PM Images Shares of Sprinklr, Inc. (NYSE:CXM) plunged today despite the company beating EPS and revenue expectations in fiscal Q3 2024 and raising the full-year guidance revenue and EPS guidance. This was because the beat-and-raise came along with a warning of tougher macro conditions that are impacting customer spending and deal sizes in fiscal Q4,…
honglouwawa October lived up to its billing as being among the most volatile months on the calendar. What began as a light-volatility correction at the start of August gradually escalated into more broad-based selling, with some of the market’s year-to-date leaders finally being taken out to the woodshed. A few of the Magnificent Seven had…
T2 Biosystems, Inc. (NASDAQ:TTOO) Preliminary Q3 2023 Earnings Call Transcript October 12, 2023 4:30 PM ET Company Participants Trip Taylor – IR John Sperzel – Chairman & CEO Conference Call Participants Kyle Mikson – Canaccord Ben Haynor – Alliance Global Partners Operator Greetings. Welcome to T2 Biosystems Preliminary Third Quarter 2023 Financial Results and Business…