PFIX: Good Product But Risky Part Of Cycle

Montes-Bradley With hindsight, the trade of the cycle was to short long duration Treasuries on surging interest rates due to the fastest rate hike cycle in history. And certain products, like the Simplify Interest Rate Hedge ETF (NYSEARCA:PFIX), really thrived in terms of not just the timing of their launch, but performance, execution, and assets…

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LegalZoom Q3: Higher Guidance, Still-Evolving New Product Narrative

Parradee Kietsirikul/iStock via Getty Images In its latest earnings report, LegalZoom (NASDAQ:LZ) raised its full-year guidance, reflecting baby steps forward in optimism about improving macroeconomic conditions. Despite the encouraging signs of growth, particularly in their revenue and EBITDA forecasts, the company is missing tangibly significant financial impacts from its broadening product portfolio. While I wait…

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Futu Squeezes Growth From Product, Geographic Diversity

LanaStock/iStock via Getty Images By Doug Young A diverse portfolio has always been important when investing. Now, it’s also becoming an important asset for online brokerage Futu Holdings Ltd. (NASDAQ:FUTU), helping it to record revenue and profit gains in the third quarter despite difficult market conditions, according to its latest financial report released in late…

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Ardelyx: XPHOZAH Is No Niche Product (NASDAQ:ARDX)

mi-viri/iStock via Getty Images The biotech world is well aware of Ardelyx (NASDAQ:ARDX), the small biopharmaceutical (market cap around $700 million as of Friday) trying to repurpose its Irritable Bowel Syndrome with Constipation (IBS-C) drug, IBSRELA (tenapanor), as a novel product candidate to control serum phosphorus in adult patients with chronic kidney disease (“CKD”) Stage…

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Binance Faces Another Executive Departure as Its Global Head of Product Resigns

Despite the recent wave of executive departures from Binance, the company said in June that it was embarking on a hiring spree with more than 2,000 available positions. Binance, the world’s largest cryptocurrency exchange, is experiencing another high-profile exit as Mayur Kamat, the Global Head of Product and Design, resigns from his role. Kamat’s departure…

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Hope.money Debuts New Product to Cater to User’s Spending Needs

The Hopecard will allow users to seamlessly spend their digital assets for everyday transactions, just like they would with traditional fiat currency. Hope.money has stepped into the spotlight by introducing its newest innovation, the ‘HopeCard’, a holistic crypto solution designed to cater to individuals’ daily spending needs. A recent press release shared with Coinspeaker noted…

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Lululemon: Exploring New Markets And Product Categories (NASDAQ:LULU)

LaylaBird/E+ via Getty Images Investment Thesis Lululemon Athletica Inc.’s (NASDAQ:LULU) brand continues to have a strong presence both domestically and internationally, presenting untapped opportunities. The company’s robust growth is supported by various factors, including untapped international markets, significant growth in the men’s segment, expansion into new product categories like personal care and footwear, and the…

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