Super Micro Computer: Weathering the Storm Shares of Super Micro Computer crashed 30% after Hindenburg Research accused the company of accounting irregularities, leading to a delayed annual report filing. Despite the allegations, I am optimistic about SMCI’s potential. Business trends seem intact, and the sell-off has made the stock more attractively valued. Margin issues and…
Ally Financial’s Strong Quarterly Earnings Performance Ally Financial Inc. (ALLY), the Detroit-based digital financial services company, reported impressive quarterly earnings results that surpassed analysts’ expectations. The company announced earnings of $0.78 per share, marking a significant improvement from the $0.57 per share Zacks Consensus Estimate. This represents a year-over-year growth of 61.5%, as compared to…
The Impact of USD/CAD Pair Trading Below 1.4200 Introduction The USD/CAD pair is currently trading below 1.4200 in Wednesday’s European session. This is a result of the US Dollar ticking lower as investors eagerly await the release of the Federal Open Market Committee (FOMC) minutes for the January policy meeting. Market Analysis The Loonie pair…
Bitcoin Mining: A New Bull Cycle or Sustained Growth? The cryptocurrency market has been a rollercoaster ride for investors over the past few years. One of the most significant players in this market is Bitcoin, the first and most well-known digital currency. Despite the volatility, Bitcoin mining has seen a remarkable surge in revenue, raising…
Welcome to the Fed Rate Cut Fun House! A Rollercoaster Ride of Rate Cuts and Tariffs Hold on to your seats, folks, because the latest CNBC Fed Survey results are in, and they are more unpredictable than a squirrel on a sugar rush. According to the survey, 65% of respondents are now expecting two rate…
10x Genomics Unveils New Innovations at AGBT Meeting 10x Genomics, a pioneering biotech company based in Pleasanton, California, showcased a range of new product innovations at the recent Advances in Genome Biology and Technology (AGBT) General Meeting. These advancements are designed to enhance the company’s leadership role in single cell and spatial biology research. Single…
Daxor Corporation’s Q4 2024 Earnings Conference Call: Key Insights On March 6, 2025, at 4:30 PM ET, Daxor Corporation (NASDAQ: DXR) held its Conference Call for the Corporate Update and Financial Results for the Year 2024. The call was led by Michael Feldschuh, Chief Executive Officer, Bob Michel, Chief Financial Officer, and John Jefferies, Chief…
Fed Expected to Raise Rates, BoE May Follow Suit US Economic Data Surprises to the Upside Since the last FOMC meeting, the US economic data has been consistently surprising to the upside. This has led to a more hawkish pricing for interest rate expectations, with Fed Chair Powell stating that the majority of the FOMC…
