Juanmonino Every year, investors anxiously await the release of Warren Buffett’s annual letter to see what the “Oracle of Omaha” says about the markets, the economy, and where he is placing his money. “One of the longest-running traditions in modern finance is that every year, one Saturday morning in late February, the world’s financial class…
Kelvin Murray/DigitalVision via Getty Images One of the most disappointing names in the market in recent years has been cell programming and biosecurity company Ginkgo Bioworks (NYSE:DNA). The company has failed to meet its lofty growth expectations, causing shares to plummet from the low double digits to under $1 a share. After the bell on…
BlackJack3D/E+ via Getty Images Advanced Micro Devices (NASDAQ:AMD) reported Q1 2024 earnings on Tuesday, April 30. On the earnings call, AMD also provided an update about its MI300 AI accelerators, reporting an increase in the 2024 backlog from $3.5 billion to $4 billion. AMD remains poised for strong growth in data center GPUs this year,…
Anatoly Morozov/iStock via Getty Images On Tuesday, shares of microdisplay developer and producer Kopin Corporation or “Kopin” (NASDAQ:KOPN) sold off after the company updated investors on an unfavorable jury verdict in its long-standing litigation with BlueRadios, Inc. or “BlueRadios” (emphasis added by author): On Monday, April 22, 2024, a jury verdict was entered in the…
ronniechua The latest National Federation of Independent Business (NFIB) survey was an economic warning that departed widely from more robust governmental reports. In a recent analysis of small businesses, we discussed the importance those business owners play in the economy. “It is crucial to understand that small and mid-sized businesses comprise a substantial percentage of…
tumsasedgars With the March CPI report showing inflation actually accelerating rather than decelerating as some had hoped, many high-yield stocks (SPYD)(SCHD) have sold off, extending their material underperformance relative to the S&P 500 (SPY) so far this year. Moving forward, it appears increasingly likely that the Fed will have to be somewhat guarded with the…
kenneth-cheung Note: I have covered Perion Network Ltd. (NASDAQ:PERI) previously, so investors should view this as an update to my earlier articles on the company. As some readers might remember, I have pounded the table for Israel-based provider of digital advertising solutions Perion Network or “Perion” several times in the past. However, I downgraded the…
Just_Super Elevator Pitch Ganfeng Lithium Group Co., Ltd. (OTCPK:GNENF) [1772:HK] shares are assigned a Hold investment rating. I wrote about Ganfeng Lithium’s near-term woes pertaining to lithium price weakness and its vertical integration approach for the long run in my November 12, 2023 article. With the current update, I draw attention to GNENF’s recently disclosed…
Lemon_tm I have over 50% of my net worth invested in Real Estate Investment Trusts, or REITs in short. I invest so heavily in this sector because I think that it offers a historic opportunity to buy real estate at a steep discount to its fair value. There are many REITs that are today priced…
4kodiak/iStock Unreleased via Getty Images Amazon (NASDAQ:AMZN) has recently announced that it will launch limited ads for Prime Video in early 2024. Members looking for an ad-free option will have to pay an extra $2.99 per month. Most of the streaming players including Netflix (NFLX) and Disney (DIS) have also hiked their subscription plans. This…
Lemon_tm After recovering a good bit in July, REITs (VNQ) came right back down in August: Data by YCharts The focus remains on rising interest rates and it is scaring off investors. There just doesn’t seem to be much appetite for REITs in a world with >5% interest rates. Here are a few comments that…
The attacker managed to transfer Dai stablecoins twice. The initial transfer was $636,812, followed by a subsequent transfer of $257,527, aggregating to a total stolen amount of around $900,000. Balancer fell victim to an exploited vulnerability, allowing an attacker to manipulate the protocol for personal financial gain. This exploitation enabled the hacker to abscond with…
AlizadaStudios/iStock Editorial via Getty Images Boston Omaha (NYSE:BOC) second quarter filing reveals a widening financial loss over 6 month period belies company optimism over commercial real estate and aviation holdings. Since company has recently entered and expanded these investments, I would certainly not dismiss this stock entirely, but instead wish to urge caution until positive…