Tim Grant, who until September served as head of EMEA for Galaxy Digital, will serve as CEO of Deus X Capital. Deus X Capital, a new crypto-based investment firm, has announced its launch today, on October 2. According to a statement, the company is starting big with investment assets and capital that is altogether worth…
ferrantraite A Quick Take On VTEX VTEX (NYSE:VTEX) reported its Q2 2023 financial results on August 8, 2023, beating revenue but missing consensus earnings estimates. The firm provides a digital ecommerce system for companies who want to do business in Latin America. With revenue growth that remains robust, sharply reduced operating losses, continuing momentum with…
tadamichi In this brief market report, we look at the various asset classes, sectors, equity categories, exchange-traded funds (ETFs), and stocks that moved the market higher and the market segments that defied the trend by moving lower. Identifying the pockets of strength and weakness allows us to see the direction of significant money flows and…
Trican Well Service Ltd. (OTCPK:TOLWF) Q3 2023 Earnings Conference Call November 10, 2023 12:00 PM ET Company Participants Brad Fedora – President and Chief Executive Officer Scott Matson – Chief Financial Officer Conference Call Participants Aaron MacNeil – TD Cowen Keith MacKey – RBC Waqar Syed – ATB Capital Markets John Gibson – BMO Capital…
In response to Erdogan’s proposition, Musk conveyed his enthusiasm for the Turkish market. Turkish President Recep Tayyip Erdogan has extended an invitation to Elon Musk, the CEO of Tesla and SpaceX, urging him to consider establishing Tesla’s next factory in Turkey. The enticing offer was made during their meeting in New York, where Erdogan attended…
SeventyFour Investment Thesis Within the vast Real Estate Investment Trust (REIT) sector, there is a subsector that, in my opinion, stands out for its high quality, and that is self-storage. In this article, we will delve into why these businesses possess attractive qualities as investments and why Extra Space Storage (NYSE:EXR) appears to be one…
Design Therapeutics, Inc. (NASDAQ:DSGN) Q4 2023 Results Conference Call March 19, 2024 4:30 PM ET Company Participants Sean Jeffries – COOPratik Shah – Chairman, CEO Conference Call Participants Joseph Schwartz – Leerink PartnersLaura Chico – Wedbush Operator Good afternoon, and welcome to Design’s Conference Call. [Operator Instructions]. Please be advised that this call is being…
EVS Broadcast Equipment SA (OTCPK:EVSBY) Q2 2023 Earnings Conference Call August 18, 2023 9:30 AM ET Company Participants Serge Van Herck – Chief Executive Officer Veerle De Wit – Chief Financial Officer Benoit Quirynen – Senior Vice President, Strategy Conference Call Participants Guy Sips – KBC Securities Alexander Craeymeersch – Kepler Cheuvreux David Vagman –…
sduben Reader Selections Since May 2017, any dividend-paying stock mentioned in a message, e-mail or comment to the author is fair game for a reader favorite listing in this series of articles. Thus, It’s possible that only rogues and discontinued, or dreadful, doubtful, dividend issues may appear. Lately readers and other contributors have questioned the…
Annabelle Chih Taiwan is once again at the center of attention, as Beijing has signaled publicly and privately that the ‘reunification’ of the island with the mainland is only a matter of time. While no one knows for sure what’s going to happen with Taiwan in the foreseeable future, the rise of tensions in the…
xijian Elevator Pitch KE Holdings Inc. (NYSE:BEKE) [2423:HK] stock continues to be rated as a Hold. Earlier, my January 23, 2023 update for BEKE was focused on the latest regulatory developments relating to Chinese property brokerages and the prospects for the company’s renovation services arm. In the current article, I assess KE Holdings’ recent financial…
alle12/E+ via Getty Images Introduction – Mowi who?! In terms of value, salmon is the largest single fish product in the world and is an important part of the diet in many regions of the world. In 2022, the salmon farming industry accounted for around 55% of total salmon consumption. Salmon farming has played an…
Toshiba believes that going private may help give the company renewed focus to tackle all of its teeming problems. Japanese multinational electronics company Toshiba Corporation is set to go private after a successful acquisition by a group of buyers led by Japan Industrial Partners. The deal, worth ¥2 trillion ($13.5 billion) will reverse Toshiba’s status…
Quantum-Si Incorporated (NASDAQ:QSI) Q4 2023 Earnings Conference Call February 29, 2024 4:30 PM ET Company Participants Katherine Atkinson – Senior Vice President-Commercial Marketing Jeff Hawkins – President and Chief Executive Officer Jeff Keyes – Chief Financial Officer Conference Call Participants Swayampakula Ramakanth – H.C. Wainwright Operator Good day, ladies and gentlemen. Thank you for standing…
Elon Musk aims to make the X platform “the biggest financial institution in the world”. Therefore, his focus now is on integrating financial services inside the X app. Elon Musk is reportedly looking for a financial data company to partner with X social media platform, formerly known as Twitter, and create a stock trading service…
Atkore Inc. (NYSE:ATKR) Q4 2023 Earnings Conference Call November 17, 2023 8:00 AM ET Company Participants John Deitzer – Vice President of Treasury and Investor Relations Bill Waltz – President and Chief Executive Officer David Johnson – Chief Financial Officer Conference Call Participants Alex Rygiel – B. Riley Deane Dray – RBC Andy Kaplowitz –…
MediaProduction Investment thesis Okay, admitted: This one’s a troubled child. At one point in 2015, the common stock of Assertio Holdings, Inc. (NASDAQ:ASRT) traded at ~$130. Less than a year later it had lost more than half of that value, and with the exception of a spike in late 2016, Assertio’s share price has known…
The arrest follows a series of controversies surrounding Armstrong. In late August, Hit Network, the entity overseeing the “BitBoy Crypto” brand, severed ties with Armstrong due to concerns related to substance abuse and financial issues affecting employees. Crypto influencer Ben Armstrong, known as BitBoy Crypto, found himself in handcuffs on Monday evening as he attempted…
Koldunova_Anna/iStock via Getty Images Just emerging from a multi-month dormancy to command the investing world’s spotlight, investors are still discussing the reasons for gold’s breakout to record highs and, more importantly, if the gold bull still has legs. The most common assumption is that the fed funds outlook is the reason for the metal’s latest…
The Bitcoin Halving: Gold is on Borrowed Time For the first time since its inception, Bitcoin’s annual inflation rate is poised to become less than that of gold, the quintessential store of value. At Bitcoin block height 840,000, the annual supply of Bitcoin will be cut in half, resulting in a decrease in its annual…
Sunshine Seeds Nano Dimension’s (NASDAQ:NNDM) stock has been fairly range bound in recent years, but the company’s large cash balance positions it to create significant shareholder value. Nano Dimension’s core business is growing, and its margins are improving. The company is also implementing cost cutting measures which should move it closer to breakeven over the…
Feverpitched Today, I invest about 50% of my net worth into a portfolio of 25 real estate investment trusts, or REITs, that I have cherry-picked to maximize returns in a future recovery. But I often get asked: What REITs would you buy if you could only own 3 of them? It is a tough question…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Mike Pence has dropped out of the race for the 2024 US presidential election as the former vice-president struggled to mobilise support and boost flagging poll numbers. In a surprise announcement during a speech at…
Hypoport SE (OTCPK:HYPOF) Q4 2023 Earnings Conference March 11, 2024 12:00 PM ET Company Participants Ronald Slabke – CEO Conference Call Participants Operator Ladies and gentlemen welcome to the Webcast Earning Q4 2023 of Hypoport SE. At our customers’ request, this conference will be recorded. As a reminder, all participants will be in a listen-only…
The recent outcome of the 1st round in the elections in Argentina, will send Sergio Massa and Javier Milei into the 2nd runoff round. Javier Milei a Libertarian recently entering the political arena as an outsider, will compete for the presidency with Sergio Massa, the current Minister of Economics, running for the incumbent and rebranded…
FatCamera/E+ via Getty Images When I look at a company like Peloton (NASDAQ:PTON), I often marvel at how quickly a beloved, popular company can turn into a pariah when it’s subject to the whims of consumer demand. The exercise-bike maker was one of the hottest stocks to trade during the pandemic, but amid this year’s…
JHVEPhoto/iStock Editorial via Getty Images Mega-project construction company Tutor Perini (NYSE:TPC) had a series of negatives earlier this year including a cancellation of a major road project, a loss of an appeal in federal court, and an S&P downgrade of their debt to “B-” from “B+”. But with continued strong cash flow and a $2.95…
vladj55 Quanta Services, Inc (NYSE:PWR) has been growing steadily in the past decade, especially in the past three years since the signing of the Infrastructure Investment and Jobs Act in 2021. However, due to the significant increase in remaining performance obligation and uncertainty around its ability to deliver projects on time and on budget, despite…
Rent the Runway, Inc. (NASDAQ:RENT) Q3 2023 Earnings Conference Call December 5, 2023 4:30 PM ET Company Participants Cara Schembri – General Counsel Jennifer Hyman – Co-Founder and CEO Sid Thacker – Chief Financial Officer Conference Call Participants Dana Telsey – Telsey Advisory Group Eric Sheridan – Goldman Sachs Juliana Duque – Wells Fargo Nathan…
Marina Novitkaia/iStock via Getty Images The Consensus Expectations The BLS is set to report the labor market data for March on April 5th. These are the current consensus market expectations: March (Trading Economics) Essentially, the market expects a slowdown in non-farm job creation to 200K from 275K in February, and the unemployment rate to stay…
Mario13 By James Knightley Solid employment gains, low unemployment and sticky wages suggest no immediate need for Federal Reserve rate cuts. Nonetheless, the jobs market is cooling and the concentration of employment gains in sectors viewed historically as being lower paid and more part-time raises some concerns. We think the Fed will wait until May…
Athitat Shinagowin/iStock via Getty Images Chimera Investment Corporation (NYSE:CIM) is a New York REIT focusing on residential credit investments, especially mortgage loans and related securities. CIM was founded in 1994, with its IPO in November 2007. CIM operates on a blend of debt and equity to optimize returns and manage risks. The company has to…
Blast’s growth in TVL is indicative of most institutional investors’ bullish stance for Ethereum and the DeFi market. In a breakthrough moment for Layer 2 (L2) scaling solution, Blast Network, a new record has been set, surpassing a Total Value Locked (TVL) of over $900 million. Data from DefiLlama, a leading authority in monitoring and…
DNY59 Thesis Summary In 2022, everyone was expecting a recession in 2023. Now, we are one month away from ending the year, and there is no recession in sight. In fact, we have seen plenty of evidence to suggest quite the opposite. The US economy is doing very well for now. With that said, things…
Both parties failed to reach an agreement on the safe return of the stolen assets despite Kyber offering the hacker 10% of the funds, which amounted to $4.3 million. The hacker behind the $46 million exploit on KyberSwap, a decentralized exchange that allows users to send and receive different cryptocurrencies, issued an ultimatum for the…
Introduction The transition from Fiat Standards to the Bitcoin Standard, though highly desirable, is not inevitable or necessarily imminent. The timing and occurrence of these changes hinge on the adoption choices made by individuals, organizations, and public entities. These decisions are influenced not only by rational considerations but also by emotional and irrational factors (greed…
zhengzaishuru Slowly but surely, the oil market is taking a bullish turn One of the things I like most about commodities and energy in particular is their volatility, as volatility brings opportunity. Oil prices fell roughly 30% from their peak in October to the December lows, while energy stocks did not fare much better. But,…
Galeanu Mihai/iStock via Getty Images Zscaler (NASDAQ:ZS) has been one of the strongest tech stocks as of late. It isn’t hard to see why: the cybersecurity company has posted top-notch fundamental results over the past year in spite of a tough macro environment, generating best-in-class growth rates and showing expanding operating margins. While the stock…
Pagaya Technologies Ltd. (NASDAQ:PGY) Q3 2023 Earnings Conference Call November 2, 2023 8:30 AM ET Company Participants Jency John – Head of IR Gal Krubiner – CEO Michael Kurlander – CFO Conference Call Participants Michael Legg – The Benchmark Company Joseph Vafi – Canaccord Genuity David Scharf – JMP Securities David Chiaverini – Wedbush Securities…
peshkov Welcome back to the third edition of Bank Buzz, where we cover the community bank sector, with a specific focus on mutual conversions, our favorite niche within a niche. Historically, investments in banks trading below tangible book value with overcapitalized balance sheets, solid asset quality, and shareholder-friendly management teams have generated attractive returns. In…
krisanapong detraphiphat/Moment via Getty Images Elevator Pitch I leave my existing Buy rating for Newmark Group (NASDAQ:NMRK) unchanged. My prior December 16, 2023, update for NMRK referred to the stock as “an undervalued capital markets recovery play.” The recovery in Newmark’s capital markets business is still in progress, which suggests there is still upside associated…
While the BTC and Ether prices try to stabilize, altcoins like XRP, Cardano, Solana, and Polygon continue to extend losses further. Last week, the broader cryptocurrency market entered a sharp correction with the Bitcoin price breaking crucial support levels and falling down to $26,000. Along with Bitcoin, the broader crypto market entered into a steep…
Hewlett Packard Enterprise Company (NYSE:HPE) Q3 2023 Earnings Conference Call August 29, 2023 4:30 PM ET Company Participants Jeff Kvaal – Head of Investor Relations Antonio Neri – President and Chief Executive Officer Jeremy Cox – Interim Chief Financial Officer Conference Call Participants Simon Leopold – Raymond James Aaron Rakers – Wells Fargo Meta Marshall…
To use the AI tool, Opera GX users will have to enable “Early Brid” in their browser settings. Gaming browser Opera GX has announced an integration of the ChatGPT-powered AI feature Aria to improve the gaming experience for users. Aria was first launched on the flagship Opera browser in May to make it easier for…
Thomas Barwick As explained in Prof. Robert Jarrow’s book cited below, forward rates contain a risk premium above and beyond the market’s expectations for the 3-month forward rate. We document the size of that risk premium in this graph, which shows the zero-coupon yield curve implied by current Treasury prices compared with the annualized compounded…
BalkansCat/iStock Editorial via Getty Images Introduction Getinge AB (OTCPK:GNGBY) is a Swedish Healthcare Medical Tech company focusing on three revenue segments: Acute Care, Life Sciences, and Surgical Workflows. The company is small, valued at a $5 billion USD market cap, but offers a leading position across multiple unique niches within its target markets. This includes…
zhnger Investment Thesis Luxury brands such as LVMH Moët Hennessy (OTCPK:LVMHF) can’t be built in days, months, or years. It takes decades for a company to develop its brand and create a moat around the business. LVMH is one of those companies that has built trust with customers, enabling high barriers to entry and pricing…
HJBC/iStock Editorial via Getty Images Dear readers/followers, Thales (OTCPK:THLEF) (OTCPK:THLLY) is a French defense contractor I’ve been peripherally looking at in a few articles, but haven’t really covered specifically before. That’s something that I intend to change as of this article. I’m looking at a few defense companies, both in NA and in Europe. In…
JHVEPhoto Investment Thesis Everest Group (NYSE:EG) is a reinsurance and primary insurance provider. EG is embarking on global expansion in the primary insurance market, attempting to capture the nearly $1 trillion in total addressable market. Additionally, the strong reinsurance market will continue to provide significant tailwinds until at least fiscal year 2025. Across the whole…
jetcityimage/iStock Editorial via Getty Images Elevator Pitch Mazda Motor Corporation (OTCPK:MZDAY) [7261:JP] shares are assigned a Buy investment rating. In my January 2, 2024, initiation article, I wrote about MZDAY’s sales outlook for the China market and the company’s electrification transition. My decision is to revise my rating for Mazda Motor from a Hold previously…