Stronger together The streaming wars have been going on for years, but things are changing with the formation of new alliances. Walt Disney (DIS) and Warner Bros. Discovery (WBD) just unveiled a new streaming bundle that includes Disney+, Hulu and Max. The subscription will feature both the Marvel and DC universes, as well as Star…
takasuu/iStock via Getty Images Overview Stronger-than-expected eurozone GDP strengthened the sense that a nascent recovery may be taking hold and has given the euro a bid in the European morning. The dollar (DXY, USDOLLAR), though, is enjoying a firmer tone against the other G10 currencies today. Australia’s unexpected weakness in retail sales has weighed on…
The companies on this page reflect all of the portfolio companies, long and short, as of March 19, 2024, in respect of which (‘A’) Pershing Square or any Pershing Square Fund, as applicable, has designated a representative to the board, filed Schedule 13D, Form 4 or a similar non-US filing or has made a Hart-Scott…
KanawatTH Galaxy Digital Holdings Ltd. (OTCPK:OTCPK:BRPHF) has benefited from the resurgence of the crypto sector, with shares up more than 170% over the past year. The company has made a name for itself as a global financial services leader specializing in digital assets with a diversified business model. The story here is a major increase…
DNY59 Introduction Okeanis Eco Tankers (NYSE:ECO) is my favorite way to capitalize on the on-going bull market in the crude tanker sector. I have been long the stock since 2022 and have been covering it on a number on occasions (here is the link to my most recent coverage). In this article, I re-visit the…
SOPA Images/LightRocket via Getty Images Shares of Synopsys (NASDAQ:SNPS) have seen a relatively stable start to 2024, despite the craze around AI and despite the company formally announcing a big deal for its smaller peer Ansys (ANSS) in January. This creates an interesting situation as the transaction is set to create a stronger and more…
Richard Drury Transcript Greg Bonnell: Following another red-hot US jobs report, Fed Chair Jerome Powell is once again saying he’s in no rush to cut interest rates. Joining us now to discuss, Chris Whelan, the Senior Canada Rate strategist and Head of Portfolio and ESG strategy at TD Securities. Chris, great to see you again….
Koh Sze Kiat/E+ via Getty Images Summary Following my coverage of Kone (OTCPK:KNYJF), for which I recommended a hold rating as the business performance in China was uncertain given the challenges back then and that the valuation wasn’t cheap, this post is to provide an update on my thoughts on the business and stock. I…
Clear Secure (NYSE:YOU) is a US-based biometric identity verification company focusing on streamlining airport security. The company’s core offering is CLEAR Plus, a subscription service offering expedited airport security. Beyond airports, CLEAR Verified empowers businesses with identity verification, virtual queuing, and credential validation tools, while their free consumer app offers additional conveniences like health documentation…
wilpunt/E+ via Getty Images QuickLogic Corporation (NASDAQ:QUIK) is a company that develops embedded FPGA / eFPGA IP, discrete FPGAs, and FPGA SoCs, for a variety of industrial and defense technology applications in AI, voice, or sensor processing. As a “fabless” developer, QUIK operates similarly to large chipmakers like Nvidia (NVDA) and AMD (AMD), in that…
MarioGuti UK business activity growth accelerated for a third straight month in January, according to early PMI survey data, marking a promising start to the year. The survey data point to the economy growing at a quarterly rate of 0.2% after a flat fourth quarter, therefore skirting recession and showing signs of renewed momentum. Businesses…
Juan Jose Napuri Just over four months ago, I wrote on Evolution Mining (OTCPK:CAHPF), noting that with the stock continuing to trade at a premium valuation relative to its peers, I expected any rallies above US$2.75 to provide an opportunity to book some profits. Since breaching this level in November and again in December, the…
sanfel Target Corporation (NYSE:TGT) is one of the largest and most successful retailers in the United States, with a market cap of $65.81 billion and annual revenue of nearly $110 billion. The company has been able to differentiate itself from its competitors by offering a wide range of products, from essentials to discretionary items, at…
tracielouise It’s been a tough year for the Gold Miners Index (GDX) with the disappointing results of a few souring sentiment for the group and continued share-price underperformance vs. the gold price. Some of the detractors with pitiful results and/or per-share metrics (due to continued share dilution) have been Coeur Mining (CDE), First Majestic (AG),…
VDCM image Opportunity Overview South Korean equities have rallied slightly on the back of more positive economic data in the country in the past two months. Export growth has picked up again, which could bode well for the market. Data by YCharts The Korea Fund (NYSE:KF) has slightly outperformed emerging market equities in the past…
Vladimir_Timofeev/iStock via Getty Images Pure Storage – Its business growth is accelerating but its stock price suffered a setback – what’s next? For those readers whose taste runs to classic movies, perhaps the most famous of the classics of the 1940s is the movie Casablanca. For sure, they don’t make them as they used to….
lightkey Back on April 13th, 2023, I wrote an article on Cousins Properties (NYSE:CUZ) recommending a buy despite some notable headwinds on a sector level. The essence of the thesis lied in the combination of the following factors: High quality portfolio consisting of mostly trophy-type office buildings located in vibrant locations. Robust financials, which are…
SHansche While spot rates in the marine shipping industry have soared post-COVID, there are attractive companies that focus on long-term charters, which afford investors visibility into future cash flows. One such company is SFL Corporation Ltd. (NYSE:SFL), which appears to be on the cusp of increased earnings, with new assets coming on board over the…
JHVEPhoto Dear readers/followers, Assa Abloy (OTCPK:ASAZF) is a company that I’ve been following for a long time, and my investment in the company is old. I’ve remained positive for most of the time based on the company’s timeless fundamentals and growth prospects. This is, therefore, an update on the business since the last piece which…
bobainsworth/E+ via Getty Images The U.S. dollar cost of a euro (EUR:USD) dropped below $1.0500 again today. Yes, the U.S. dollar dropped below $1.0500 in December 2022, but doubts had crept into the fact that the dollar was trading so strongly. However, we are back in a period of time where many, many investors see…
The US Census Bureau reported that Durable Goods Orders in August improved by 0.2% month-on-month (m/m) following a 5.6% decline in the previous reading. The EUR/USD currency pair, one of the important barometers of global economic sentiment, found itself under pressure during the early Asian session earlier today, struggling around the 1.0500 mark. EUR/USD Pair…
Ghulam Hussain Introduction and investment thesis CrowdStrike (NASDAQ:CRWD) has been the modern endpoint security leader in the market for years, gradually extending its product suite to become a one-stop-shop security platform. Before the general macroeconomic slowdown in 2022 the company consistently managed to deliver beat-and-raise quarters demonstrating rock solid fundamentals since its IPO back in…
stockstudioX/E+ via Getty Images Some investment opportunities tend to pay off rather quickly. Others, unfortunately, often require patience. It seems as though more companies fit into the latter category, but I digress. One firm that does fit in this latter category, in my opinion, is none other than Vail Resorts (NYSE:MTN), an owner and operator…