Eksentricity

Tech

EV Festival Expansion

• Dallas & Chicago Expansion: Electrify Expo, North America’s largest electric vehicle (EV) and technology festival, will expand to Dallas and Chicago in 2025, adding two new major markets.
• Industry Day Relocates to NY: Electrify Expo’s Industry Day will move from Los Angeles to New York in 2025, bringing together electric transportation leaders for discussions and panels.
• Increased Brand Participation: Hundreds of leading brands are expected to participate, showcasing EVs, solar energy, charging solutions, powersports, and more.
• Projected Impact on EV Adoption: The festival aims to generate over 300,000 demo experiences in 2025, driving EV adoption through hands-on experiences.

Crypto Prediction Platform Under Investigation

• FBI Raid on Polymarket CEO: The FBI raided the home of Polymarket CEO Shayne Coplan as part of a Justice Department investigation into the platform’s potential violation of regulatory agreements.
• CFTC Agreement Breach Allegations: Polymarket, a crypto prediction platform, is alleged to have allowed U.S.-based users to place bets, potentially breaching an agreement with the Commodity Futures Trading Commission (CFTC).
• Surge in Platform Activity: The platform gained popularity as an alternative to traditional polling, attracting significant user activity, particularly ahead of the 2024 Presidential election.
• Intensified Scrutiny and Concerns: Concerns about potential manipulation of public opinion arose after a high-stakes French investor made massive bets in favor of Donald Trump, leading to increased scrutiny of the platform.

Supply Chain Management Software Market Growth

• Market Size and Growth Projections: The Supply Chain Management Software Market size was valued at USD 18.76 billion in 2023 and is expected to reach USD 20.07 billion by 2031, growing at a CAGR of 4.20%.
• Market Drivers: Growing demand for transparency, efficiency, and cost-cutting in supply chains, integration of technologies like ML and AI, the growing adoption of cloud-based solutions, and the emphasis on sustainability are driving the market.
• Segment Performance: The solution segment is anticipated to lead the market due to its growing demand for automation and real-time data analytics. The manufacturing segment is projected to hold the largest share due to the rising need for operational efficiency.
• Geographic Growth: North America is expected to dominate the market, while Asia-Pacific is projected to be the fastest-growing region due to rapid industrialization.

Spotify Technology’s Institutional Interest

• Institutional Buy Signal: A Power Inflow occurred for Spotify Technology SPOT at a price of $448.60, indicating potential upward movement driven by institutional activity.
• Order Flow Analytics: This signal is based on order flow analytics, which analyzes the flow of buy and sell orders to identify institutional activity.
• Potential Uptrend: Traders closely watch for sustained momentum in Spotify’s stock price, interpreting this event as a bullish sign.
• Risk Management: It’s crucial to incorporate effective risk management strategies to mitigate potential losses.

Complete Solaria’s SunPower Acquisition and Restructuring

• SunPower Asset Acquisition: Complete Solar, Inc. (Nasdaq: CSLR) acquired SunPower’s assets in New Homes, Blue Raven, Dealer businesses, and rights to the SunPower brand.
• Headcount Reduction and Restructuring: The Company implemented a restructuring plan to cut headcount and costs to achieve breakeven operating income in 2025.
• Revised Revenue Forecast: The Company revised its revenue forecast for Q4’24 to $80 million, down from an initial expectation of $100 million.
• Operating Loss Reduction: The Company expects its operating loss to shrink from $40 million in Q3’24 to $2-$11 million in Q4’24.

SoundHound’s Amelia Acquisition and Performance

• Revenue and Earnings Beat: SoundHound AI (SOUN) shares dropped despite beating Wall Street’s consensus estimates for revenue and earnings.
• Amelia Acquisition: The company acquired conversational AI provider Amelia, expanding its scale and reach in enterprise AI solutions.
• Expected Contributions: Amelia is expected to contribute over $45 million to SoundHound’s revenue in 2025 and be accretive to its earnings in the second half of 2025.
• Profitability and Liquidity: Investors should closely monitor the company’s progress toward profitability and cash burn rate.

Cisco’s Strong Q1’25 Performance and AI Focus

• Strong Revenue and Earnings: Cisco delivered a strong start to fiscal ’25, reporting revenue of $13.8 billion for the first quarter, exceeding guidance and fueled by robust recurring revenue growth.
• AI Momentum: The company saw significant growth in AI infrastructure orders, exceeding $300 million in Q1 and reinforcing its AI pipeline.
• Networking Growth: Cisco’s networking portfolio saw double-digit product order growth driven by switching, wireless, and internet infrastructure.
• AI Investment: Cisco is investing in AI-powered robotics and supply chain visibility solutions to address the growing AI networking opportunity.

Bitcoin’s Record High and Market Sentiment

• Bitcoin’s Rally and Records: Bitcoin continued to make records as supportive inflation numbers raised the market’s expectations of further interest rate cuts by the Federal Reserve.
• Market Dominance: Bitcoin’s dominance rose to 60%, reflecting investors’ increased confidence in Bitcoin over other cryptocurrencies.
• Cautious Optimism: Bitcoin futures market signals a more measured market sentiment, with a narrowing of contango suggesting reduced speculative excess.
• Institutional Interest: Increased institutional participation in CME Bitcoin futures contracts suggests a growing confidence in Bitcoin’s long-term value.

Coincheck’s Proposed Business Combination

• SEC Approves Registration Statement: The U.S. Securities and Exchange Commission declared effective Thunder Bridge IV’s Registration Statement on Form F-4 in connection with its proposed business combination with Coincheck, a cryptocurrency trading service.
• Anticipated Closing: The proposed business combination is expected to close on or about December 10, 2024, subject to stockholder approvals.
• Coincheck Group N.V. Listing: The combined company will be named Coincheck Group N.V. and is expected to be listed on Nasdaq under the new ticker symbol “CNCK”.
• Management Continuity: Coincheck will retain its experienced management team, including Oki Matsumoto as Executive Chairman.

SoftBank’s Profit Turnaround

• Vision Fund Gains: SoftBank Group SFTBF SFTBY reported a profit of $7.8 billion in its latest quarter, largely attributed to successful Indian IPOs and improved tech valuations.
• First Positive Gain in Nine Quarters: This marks the first time in nine quarters that the Vision Fund’s cumulative investment gains have turned positive.
• Weak Yen Impact: The weak yen also contributed to the improved financial position, boosting net income.
• AI Ambitions: SoftBank’s CEO Masayoshi Son predicts the advent of artificial superintelligence within a decade, providing the company with resources to pursue its AI ambitions.

OKX’s New Token Listings

• MAJOR and ACT Tokens: OKX, a leading crypto exchange, listed MAJOR, the native token of Telegram game “Major of Telegram,” and ACT, the utility token powering AI platform “Act I The AI Prophecy.”
• Spot Trading: The MAJOR/USDT and ACT/USDT spot pairs began trading on November 14 and 28, respectively.
• Pre-Market Futures Trading: Pre-Market Futures trading for MAJOR was enabled with up to 2x leverage.
• Ecosystem Expansion: These listings expand OKX’s token offerings and provide access to innovative projects in the Telegram and AI sectors.

AMD’s Layoffs and AI Chip Production Ramp-Up

• Data Center Realignment: Advanced Micro Devices (AMD) is reportedly laying off approximately 1,000 employees to realign its resources and compete with Nvidia in the data center chip market.
• AI Chip Investment: AMD has been investing in the development of AI chips and has seen its data center segment experience significant growth.
• MI325X Production: AMD plans to start mass production of its MI325X AI chip in the fourth quarter of 2024, which is expected to fuel further growth.
• Market Demand and Competition: Strong demand for AI chips from hyperscalers like Microsoft is driving market growth and intensifying competition.

Rocket Lab’s Strong Q3’24 Results and Expansion

• Revenue Beat: Rocket Lab USA Inc. RKLB stock surged nearly 30% on strong third-quarter results that exceeded analyst expectations.
• Backlog Growth: The company’s $1.05 billion backlog for its small Electron rocket is growing, and the larger Neutron rocket remains on schedule for its debut launch next year.
• Space Systems Growth: Rocket Lab’s Space Systems group is expanding, with over 40 spacecraft in backlog, ranging from Mars missions to telecommunications and national security projects.
• Political Impact: The company expects a positive impact from President-elect Donald Trump’s space policy focus on national defense and efficient contracting.

MicroStrategy’s Bitcoin-Fueled Valuation Growth

• Record High: Shares of MicroStrategy Inc. (MSTR) hit a record closing high, surpassing $350 earlier this week, reflecting the bullish turn in Bitcoin’s price since early September.
• Valuation Surge: The firm’s market valuation has ballooned past $72 billion, reflecting a $50 billion increase since Sept. 6, or 225%, driven by Bitcoin’s record-breaking price surge.
• Bitcoin Portfolio Expansion: The company announced plans to raise as much as $42 billion in equity and debt funding to accumulate more Bitcoin.
• Contango Analysis: Bitcoin’s futures market appears less overbought than in previous highs this year, suggesting cautious optimism for future gains.

TwyAe Exchange’s Global Service Upgrade

• Multi-Language Support: TwyAe Exchange announced a comprehensive upgrade of its global service system, including multi-language support and 24/7 customer service.
• Global Reach: The platform has established a global service network covering major markets in Asia, North America, and Europe.
• Personalized Service: The platform analyzes user behavior to customize exclusive trading plans for each user and offers customer education services.
• Enhanced Security: TwyAe has deployed local servers and technical support, ensuring a secure and stable trading environment for global users.

Meta’s Threads Ads Launch

• Monetization Plan: Meta Platforms, Inc. META is planning to introduce ads on its Threads platform in early 2025.
• Market Competition: This move comes as Elon Musk’s X is facing a backlash from advertisers due to concerns over explicit content and free speech issues.
• Threads User Growth: Threads’ monthly active users stood at 175 million at the end of the June 2024 quarter, up from 150 million in the quarter before.
• Revenue Expectations: Meta does not anticipate Threads to be a significant revenue driver in 2025.

21Shares Aptos Staking ETP Launch

• First Aptos ETP: 21Shares AG, one of the world’s largest issuers of crypto exchange traded products (ETPs), launched the 21Shares Aptos Staking ETP (APTOS) on Euronext Amsterdam and Euronext Paris, the first such product in Europe.
• Aptos Blockchain: Aptos is a next-generation, permissionless layer-1 blockchain built for high scalability and low-cost transactions, ideal for gaming and DeFi.
• Staking Yields: The 21Shares Aptos Staking ETP tracks the performance of Aptos while capturing staking yields that are reinvested into the ETP for enhanced performance.
• Market Access: APTOS provides a regulated and transparent way for European investors to gain exposure to the growth of the Aptos blockchain.

Cryptocurrency Market Rally

• Bitcoin’s Milestones: Bitcoin (BTC) has surpassed $75,000 and $80,000, and is on track to hit $100,000 in the near term.
• Trump’s Crypto Policies: The rally is fueled by Donald Trump’s victory in the U.S. presidential election and his pro-crypto stance, including plans to build a national Bitcoin reserve.
• Interest Rate Cuts: The Federal Reserve’s recent interest rate cuts also bolster the crypto market.
• Crypto Stocks with Upside: NVIDIA Corp., BlackRock, Inc. and Accenture plc are considered strong picks due to their expected growth in the AI sector and their involvement in the crypto space.

SpaceX’s Martian Tunneling Plans

• Mars Tunneling: SpaceX CEO Elon Musk has hinted at plans to deploy tunneling equipment from The Boring Company to help facilitate a human settlement on Mars.
• Starship Payload: Musk said that the Boring Company’s tunneling equipment “fits nicely in the Starship payload bay,” suggesting its potential use in Martian infrastructure.
• Starship Development: Starship is currently in testing and development, with its first uncrewed flight to Mars anticipated in 2026.
• Martian City Vision: Musk envisions building a self-sustaining Martian city in about 20 years.

Odell Beckham Jr.’s Bitcoin Profit

• Bitcoin Salary: Miami Dolphins wide receiver Odell Beckham Jr. celebrated his decision to receive his $750,000 Rams salary in Bitcoin three years ago, highlighting the cryptocurrency’s value.
• Market Growth: Bitcoin has soared since Beckham’s conversion, reaching over $90,000 per coin, representing a significant gain.
• Crypto-Athlete Trend: Beckham joins a growing list of athletes who have explored crypto compensation through various deals and endorsements.
• Tax Implications: Beckham’s profits are subject to capital gains tax, along with the income tax paid on his initial salary.

Crypto Industry Hiring Surge

• Web3 Job Postings: Data from Tiger Research shows that global Web3 job postings surged nearly 20% year-over-year, indicating continued industry growth.
• Hiring Hubs: Asia leads the employment surge, with Singapore, India, and Hong Kong emerging as key hiring hubs.
• Crypto Compensation: Companies are accelerating hiring, with some offering partial or full compensation in cryptocurrencies like Bitcoin and Ethereum.
• Trump’s Pro-Crypto Stance: Donald Trump’s election victory and pro-crypto stance, promising to make the US “the crypto capital of the planet,” have further boosted the crypto industry.

Republican Sweep and Crypto Optimism

• House Majority: The Republican Party secured a majority in the U.S. House of Representatives, strengthening its ability to pursue a pro-crypto legislative agenda.
• Regulatory Clarity: The GOP victory raises optimism for a friendlier regulatory environment under the new administration.
• SEC Leadership Change: Trump has indicated plans to replace SEC Chairman Gary Gensler, potentially leading to a softer stance on enforcement.
• National Bitcoin Reserve: Trump has proposed the development of a national bitcoin reserve and positioned the U.S. as the “crypto capital of the planet.”

Agfa’s Film Business Reorganization

• Cost Base Adjustment: Agfa is reorganizing its traditional film activities, aiming to achieve savings of €50 million by the end of 2027.
• Potential Impact: The reorganization could impact up to 530 employees in Belgium, with the plan to avoid forced redundancies.
• Focus on Growth Engines: Agfa’s Digital Print & Chemicals division, which focuses on digital printing solutions and green hydrogen solutions, is expected to continue driving growth.
• Cloud-Based Solutions: The company’s HealthCare IT division is seeing strong order intake, driven by its cloud-based solutions.

AI Data Center Energy Demand and Natural Gas

• Growing Energy Demand: AI data centers are driving a surge in electricity demand, with projections of triple-digit growth in the next few years.
• Nuclear Energy Challenges: While nuclear energy is a potential solution, it faces high upfront costs, regulatory hurdles, and public perception issues.
• Natural Gas Advantages: Natural gas offers lower start-up costs, widespread availability, and a relatively quicker deployment timeline, making it a more practical solution.
• David Tepper’s View: Billionaire investor David Tepper highlighted natural gas’s advantages in meeting the growing energy demands of AI data centers.

eGain’s Knowledge Management Days Sponsorship

• Gold Sponsorship: eGain, an AI knowledge management platform for service, is a Gold Sponsor for the 20th Knowledge Management Days Conference.
• AI Integration in Operations: Businesses are seeking expert guidance on leveraging AI in their operations.
• Gartner’s Forecast: Gartner predicts that generative AI virtual customer assistant and virtual agent assistant projects without integration to modern knowledge management systems will fail to meet their goals.
• eGain’s Solutions: The company will showcase its AI Knowledge Hub and discuss best practices for businesses adopting AI and knowledge modernization.

ARK Invest’s AI Data Center Power Solutions

• Strong Growth Forecast: ARK Invest expects the growth and profitability of AI data centers to remain strong, despite increasing power demand and costs.
• Off-Grid Solutions: The firm believes that AI companies could partially operate off-grid through independent power generation, such as solar or renewable energy sources.
• Incremental Electricity Demand: ARK estimates that AI data centers will drive global electricity demand growth to 3.2% annually through 2030.
• Power Solutions Investment: The research suggests that the incremental capital required to meet AI’s electricity demand will be a small fraction of overall AI hardware spending.

Agfa’s Q3’24 Results and Film Business Restructuring

• Strong Growth Engines: Agfa-Gevaert Group reported double-digit top-line growth and a doubling of adjusted EBITDA in its Digital Print & Chemicals division, driven by digital printing solutions and green hydrogen solutions.
• Healthcare IT Momentum: The HealthCare IT division is experiencing strong order intake driven by its cloud solutions, with a successful go-live of its cloud-based Enterprise Imaging platform.
• Film Business Restructuring: The Company is adjusting the cost base of its traditional film activities, aiming to achieve savings of €50 million by the end of 2027.
• Potential Impact on Employees: The restructuring could impact up to 530 employees in Belgium, with a focus on natural outflow and re-employment opportunities.

TwyAe Exchange’s Security Upgrade and Compliance Efforts

• Security Audit: TwyAe Exchange conducted a comprehensive security audit and upgraded its defense systems to enhance user asset security.
• Cold Storage Technology: The platform utilizes cold storage technology to safeguard user assets against cyberattacks.
• Multi-Layered Security: TwyAe employs multi-factor authentication (2FA) and a global real-time monitoring system to prevent unauthorized trading activities.
• Compliance Standards: TwyAe has partnered with global financial regulatory bodies to strengthen its compliance standards and market transparency.

Nvidia’s Missed Buyout Opportunity

• SoftBank’s Offer: Nvidia Corp NVDA CEO Jensen Huang revealed that SoftBank Group SFTBF SFTBY CEO Masayoshi Son offered financial backing to acquire Nvidia several years ago, an offer Huang declined.
• Nvidia’s Ascent: Nvidia’s remarkable ascent has been fueled by the AI boom, with the company’s chips playing a crucial role in powering AI technologies.
• SoftBank’s AI Plans: SoftBank has been in the news for its plans to rival Nvidia in AI chip production, though recent negotiations with Intel fell through.
• Nvidia-SoftBank Partnership: Despite the missed buyout, the two companies are now partners in building Japan’s most powerful AI supercomputer.

TwyAe Exchange’s Brand Upgrade

• Enhanced User Experience: TwyAe Exchange has undergone a brand upgrade aimed at improving user experience and supporting global expansion.
• Technological Innovation: The platform utilizes cutting-edge quantum engine technology and cold storage security solutions to enhance trading efficiency and asset security.
• Global Expansion: TwyAe has obtained compliance certifications in several countries, increasing its global influence.
• User-Focused Approach: The company prioritizes user trust, ensuring transaction security through advanced technology and optimizing services to provide attentive support.

Xiaomi’s EV Production Milestone

• Xiaomi SU7 Production: Xiaomi CEO Lei Jun celebrated the production milestone of 100,000 units of the Xiaomi SU7, marking a significant achievement for the company’s electric vehicle (EV) arm.
• Rapid Production: It took Xiaomi 230 days to reach the milestone, demonstrating its speedy entry into the EV market.
• SU7 Popularity: The Xiaomi SU7 has been well-received, with Ford CEO Jim Farley praising the car’s performance.
• EV Arm Losses: Xiaomi’s EV branch posted an adjusted loss of $252 million in the second quarter, with the company aiming to reduce production costs by increasing scale.

Unifiedpost Group’s 9M 2024 Results

• Digital Service Revenue Growth: Unifiedpost Group SA reported 10% year-over-year organic growth in digital service revenue in the first nine months of 2024.
• Traditional Service Decline: Traditional communication services revenue decreased by 11.2% year-over-year, driven by service digitalization and reduced volume in management services.
• ViDA Compliance: The company’s Banqup platform is equipped to meet the compliance standards of the upcoming VAT in the Digital Age (ViDA) initiative, which introduces standardized digital reporting requirements and mandates e-invoicing.
• French E-Invoicing Push: The French government has reaffirmed its commitment to mandatory e-invoicing by September 2026, presenting significant growth opportunities for the company.

ASML’s Long-Term Strategy and AI Opportunity

• Revenue and Gross Margin Projections: ASML Holding N.V. (ASML) confirmed potential 2030 scenarios for annual revenue between approximately €44 billion and €60 billion with a gross margin of between approximately 56% and 60%.
• EUV Technology Scaling: ASML expects its ability to scale EUV technology and expand its lithography portfolio to contribute to and leverage the AI opportunity.
• Semiconductor Market Growth: The global semiconductor market is projected to reach over $1 trillion by 2030, driven by AI and other megatrends.
• EUV Lithography Demand: ASML anticipates a double-digit CAGR in EUV lithography spending for both advanced Logic and DRAM between 2025 and 2030.

Technip Energies and Shell’s Carbon Capture Alliance

• Global Exclusivity: Technip Energies and Shell Catalysts & Technologies have agreed to move towards global exclusivity for the delivery of amine-based post-combustion carbon capture solutions.
• Alliance Expansion: The two companies have been collaborating since 2012, and the strengthened alliance combines Shell’s technology licensing expertise with Technip Energies’ project delivery expertise.
• Market Demand: The alliance aims to address the growing demand for scalable post-combustion carbon capture solutions in relevant industrial sectors.
• Integrated Teams: The companies work closely with clients from project inception through to operational support to ensure seamless execution and performance optimization.

VEON’s Q3’24 Results and Digital Expansion

• Revenue Growth: VEON Ltd. reported an increase in revenues in both reported and local currencies, exceeding average inflation rates in its operating markets.
• Digital Revenue Growth: Direct digital revenue, comprising 12% of total revenue, grew 35% year-over-year, driven by digital financial services, entertainment, healthcare, advertising, and super-apps.
• Subscriber Growth: VEON added 8 million new 4G subscribers and 103 million digital service users.
• Future Outlook: VEON expects continued growth and enriched customer experiences through advanced digital offerings and technologies.

Meme Coin PEPE’s Listing Surge

• Exchange Listings: Meme coin PEPE has outperformed Dogecoin (DOGE) in weekly gains following announcements by major crypto exchanges to list the token.
• Market Cap Growth: Pepe’s market cap briefly surpassed $10 billion, while Dogecoin’s sits at $56 billion.
• Trading Volume: Trading volume for Dogecoin recorded $28 billion over 24 hours, while Pepe clocked $24 billion in mere hours after listing announcements.
• Meme Coin Hype: The surge in Pepe’s value follows the footsteps of Dogecoin, which has seen explosive growth since the November U.S. election.

AI Sovereignty Push

• Data Localization: Tech giants are increasingly investing in “sovereign” artificial intelligence models, which are trained and hosted on local infrastructure within a specific country or region.
• European Concerns: European politicians and regulators are concerned about dependence on U.S. AI technology, seeing it as a threat to their competitiveness.
• Industry-Driven Shift: The AI sovereignty push is primarily driven by private companies, which are opening more data centers in Europe.
• AI as Strategic Technology: Governments are focusing on boosting their domestic tech companies, ecosystems, and backend infrastructure to capitalize on the strategic importance of AI.

Twilio’s Comeback

• Earnings Revisions Trend: Twilio’s earnings revisions trend has been accelerating upward since early 2023, indicating investor confidence in the company’s growth trajectory.
• Technical Breakout: Twilio shares broke out of a technical base, surpassing the $80 resistance level and drawing renewed investor attention.
• Undervalued Valuation: Twilio’s shares appear undervalued given its steady sales and earnings growth, leading to a more reasonable valuation and an attractive PEG ratio.
• Growth Potential: With projected annual earnings growth of 41.8% over the next three to five years, Twilio presents a compelling growth opportunity.

Bloomin’ Brands’ Challenges

• Stagnant Sales Growth: Bloomin’ Brands, the parent company behind Outback Steakhouse and Carrabba’s, has faced stagnant sales growth over the past five years.
• Earnings Outlook Deterioration: The company’s earnings outlook has deteriorated sharply, reflecting a lack of growth momentum and challenges in the restaurant industry.
• Technical Breakdown: Bloomin’ Brands stock recently broke down below its support level, signaling a lack of buyer interest and potential for further declines.
• Increased Competition: The company faces an uphill battle to regain consumer interest amid increasing competition from new dining concepts.

Growlonix’s AI-Powered Trading Bots

• Trading Bot Features: Growlonix, a trading platform, has launched AI-driven trading bots with features like AI-assisted hedge and dual bots, professional trading terminals, signal copy trading, and robust security measures.
• Trailing Mechanisms: Growlonix’s bots incorporate trailing mechanisms to dynamically adjust profit and loss thresholds, allowing traders to capitalize on market movements.
• Grid Bots: The platform enables the deployment of multiple grid bots on the same trading pair, offering flexibility and adaptability to different market conditions.
• Exchange Integration: Growlonix supports integration with major cryptocurrency exchanges, enabling users to manage and automate their trades across multiple platforms seamlessly.

TwyAe Exchange’s Regulatory Compliance

• Partnership with Financial Regulators: TwyAe Exchange has partnered with global financial regulatory bodies to strengthen its compliance standards and market transparency.
• Compliance Licenses: The platform holds significant financial licenses, including the Money Services Business (MSB) license in the United States.
• Transparency Mechanisms: TwyAe employs advanced transparency mechanisms to ensure traceable transaction records and regular audits.
• User Education: The platform provides compliance tools and educational resources to help users understand the risks associated with cryptocurrencies and operate compliantly.

Disney’s Q4’24 Earnings and Streaming Growth

• Revenue and Earnings Beat: Disney reported a narrow beat on analyst estimates for its fiscal fourth quarter, with revenue up 6% and adjusted earnings per share up 39%.
• Streaming Profitability: Disney’s combined streaming business, including Disney+, Hulu and ESPN+, reported an operating income of $321 million for the September period.
• Subscriber Growth: Disney+ Core subscribers grew by 4.4 million, while Hulu subscribers grew by 2%.
• Future Outlook: The company expects significant growth in its streaming business in the future and forecasts high-single-digit adjusted earnings growth for fiscal 2025, and double-digit growth in fiscal 2026 and 2027.

TwyAe Exchange’s Security Enhancements

• Security Audit and Upgrade: TwyAe Exchange has undergone a comprehensive security audit and upgraded its defense systems to enhance user asset security.
• Quantum Engine: The platform utilizes a Quantum Engine to deliver exceptional trading efficiency and speed.
• Cold Storage Technology: TwyAe implements cold storage technology to protect user assets in an offline environment.
• Multi-Layered Security System: The platform employs multi-factor authentication and a global real-time monitoring system to safeguard user trading security.

Nvidia’s Dominance in AI Accelerators

• Market Leadership: Nvidia is the leading provider of AI accelerators, with an estimated 70% to 95% market share, driven by its superior hardware and software development tools.
• Custom AI Chips: Companies like Amazon and Alphabet have developed their own AI chips but are still heavily reliant on partnerships with Nvidia for AI infrastructure.
• Software Ecosystem: Nvidia has a comprehensive ecosystem of software development tools, including the CUDA platform, making it difficult for competitors to challenge its market share.
• Vertical Integration: Nvidia complements its GPUs with adjacent data center hardware, including CPUs, interconnects, and networking equipment, providing a comprehensive and cost-effective approach.

Apple’s iCloud Lawsuit

• Competition Law Breach: Consumer group Which? has filed a £3 billion legal claim against Apple Inc. AAPL, alleging that the tech giant’s iCloud service breaches UK competition law.
• Market Dominance: Which? claims that Apple has abused its market dominance by steering customers towards iCloud without clearly presenting alternative cloud storage options.
• Compensation Sought: The claim seeks compensation for UK iPhone and iPad users who have used iCloud services since October 2015.
• Potential Impact: If successful, the lawsuit could force Apple to offer more consumer choice and potentially refund overcharged users.

Alphabet’s 13F Filing and AI Investments

• Snowflake Dump: Alphabet’s investment team dumped shares of Snowflake (SNOW), reducing its position by 79%, citing the company’s high valuation and slowing revenue growth.
• Freshworks Acquisition: Alphabet quadrupled its stake in Freshworks, an AI-driven SaaS provider, highlighting its potential in the rapidly growing customer relationship management (CRM) software market.
• Freshworks’ Growth: Freshworks is delivering strong revenue growth and landing larger customers, with its AI-driven CRM solutions attracting significant interest.
• Market Trends: The investments in Freshworks suggest that Alphabet sees significant potential in AI-driven CRM and enterprise software solutions.

Coincheck’s Proposed Business Combination with Thunder Bridge IV

• SEC Declares Effectiveness: Coincheck, Inc., a cryptocurrency trading service, announced that the SEC has declared effective Thunder Bridge IV’s Registration Statement on Form F-4 in connection with their proposed business combination.
• Special Meeting and Voting: A special meeting of Thunder Bridge IV stockholders will be held on December 5, 2024, to approve the proposed business combination.
• Anticipated Closing: The proposed business combination is expected to close on or about December 10, 2024, subject to shareholder approvals.
• Coincheck Group N.V. Listing: The combined company will be named Coincheck Group N.V. and is expected to be listed on Nasdaq under the new ticker symbol “CNCK”.

TwyAe Exchange’s Global Service System Upgrade and Compliance Efforts

• Global Service System: TwyAe Exchange announced a comprehensive upgrade of its global service system to enhance user experience and strengthen its compliance standards.
• Multi-Language Support: The platform has added multi-language support to eliminate language barriers for global users.
• Personalized Service: TwyAe analyzes user behavior to customize trading plans and offers customer education services.
• Regulatory Partnerships: The exchange has partnered with top financial regulatory bodies to ensure that transactions comply with international financial regulations.

Meta Platforms’ Mark Zuckerberg’s “Get Low” Cover

• Musical Collaboration: Meta Platforms, Inc. META CEO Mark Zuckerberg released a cover of Lil Jon’s “Get Low” with rapper T-Pain.
• Personal Significance: Zuckerberg noted that “Get Low” was playing when he first met his wife, Priscilla, at a college party.
• Public Image Shift: Zuckerberg’s public image has shifted towards a more polished and approachable persona, reflecting a strategic rebranding.
• Meta’s Business Performance: Meta reported a revenue beat and a 5% increase in daily activities in its third-quarter earnings, with advertising revenue accounting for 97% of its total revenue.

Growlonix’s AI-Powered Trading Bots

• AI-Driven Bots: Growlonix launched AI-powered trading bots with features like AI-assisted hedge and dual bots, professional trading terminals, signal copy trading, and robust security measures.
• Trailing Mechanisms: The bots incorporate trailing mechanisms to dynamically adjust profit and loss thresholds, allowing traders to capitalize on market movements.
• Grid Bots: The platform enables the deployment of multiple grid bots on the same trading pair, providing flexibility and adaptability to different market conditions.
• Exchange Integration: Growlonix supports integration with major cryptocurrency exchanges, allowing users to manage and automate trades across platforms seamlessly.

TwyAe Exchange’s Global Service System Upgrade and Regulatory Compliance

• Global Service System: TwyAe Exchange announced a comprehensive upgrade of its global service system to enhance user experience and strengthen its compliance standards.
• Multi-Language Support: The platform has added multi-language support to eliminate language barriers for global users.
• Personalized Service: TwyAe analyzes user behavior to customize trading plans and offers customer education services.
• Regulatory Partnerships: The exchange has partnered with top financial regulatory bodies to ensure that transactions comply with international financial regulations.

Meta Platforms’ Mark Zuckerberg’s “Get Low” Cover

• Musical Collaboration: Meta Platforms, Inc. META CEO Mark Zuckerberg released a cover of Lil Jon’s “Get Low” with rapper T-Pain.
• Personal Significance: Zuckerberg noted that “Get Low” was playing when he first met his wife, Priscilla, at a college party.
• Public Image Shift: Zuckerberg’s public image has shifted towards a more polished and approachable persona, reflecting a strategic rebranding.
• Meta’s Business Performance: Meta reported a revenue beat and a 5% increase in daily activities in its third-quarter earnings, with advertising revenue accounting for 97% of its total revenue.

Finance

Interest Rate Trends

• Rate Cut Impact on Mortgage Originations: The Federal Reserve’s continued interest rate cuts are expected to benefit the mortgage market, leading to a gradual decline in mortgage rates. This will improve purchase originations and refinancing volumes, supporting industry players like PennyMac Financial Services, Inc., LendingTree, Inc., and Onity Group Inc.
• Refinancing Activities on the Rise: The recent 25-basis-point rate cut by the Fed is expected to further boost refinancing activities, as lower mortgage rates make refinancing more attractive for existing homeowners. This will benefit the top-line growth of mortgage-related services companies.
• Growing Competition in Mortgage Services: While lower rates are expected to increase demand for mortgages, the competitive landscape in the mortgage services industry remains fierce. This pressure is likely to lead to price cutting and a reduction in sales margins for some originators.

AI’s Impact on Finance

• Transformational Impact: Artificial intelligence (AI) is rapidly transforming financial markets, leading to a new era of efficiency and precision in decision-making. This technology is fundamentally changing how financial institutions and investors approach data analysis, operations automation, and risk management.
• Trading Automation: AI has enabled unprecedented automation in trading, significantly improving operational efficiency and reducing costs. Algorithms can execute transactions in microseconds, leading to greater market liquidity. However, this speed and volume can also amplify both gains and losses, creating a more interconnected and sensitive market.
• Predictive Analytics: AI-powered predictive analytics can anticipate trends and behavior patterns in assets, providing investors with a competitive edge by offering relevant information for decision-making. This tool has reduced market uncertainty and improved the accuracy of financial event predictions, allowing investors to anticipate market changes. However, AI’s predictive power relies on the quality and representativeness of the data used, which can introduce harmful biases.

Regulatory Landscape

• Cloud Adoption in Financial Services: The Capgemini Research Institute’s World Cloud Report for Financial Services 2025 highlights a divide between traditional and new-age financial institutions in their cloud technology investments. While most banks and insurers adopt cloud solutions for operational efficiency, fintechs are pursuing cloud acceleration of sales.
• Data Security and Privacy Concerns: Financial institutions are increasingly concerned about managing and securing their vast customer data. Legacy systems, data privacy protection, and data quality are among the biggest challenges.
• Compliance with New Technologies: The adoption of AI and cloud technologies is creating new compliance requirements for financial institutions. Europe’s Digital Operational Resilience Act (DORA) and the Consumer Financial Protection Bureau’s ruling on open banking are examples of the growing regulatory scrutiny.

Global Market Performance

• US Market Optimism: U.S. stock markets have witnessed a post-election rally, with the Dow Jones and S&P 500 hitting record highs. This optimism is fueled by expectations of pro-business policies and tax cuts under the new administration. However, some investors remain cautious about the potential for inflation and the Fed’s response to the economic outlook.
• European Market Volatility: European stocks closed lower on Wednesday amid concerns about regional growth, driven by fears of inflation and tariffs in a Trump 2.0 era. The pan-European STOXX 600 slipped 0.1%.
• Mixed Market Sentiment: Despite the recent rally, the CNN Money Fear and Greed index remains in the “Greed” zone. This suggests that while investors are optimistic about the market, there are still some underlying concerns about the future economic landscape.

Investor Behavior

• Decline of Value Investing: Value investing has been on the decline, as passive investing in index funds has become increasingly popular. This trend has marginalized value players like Greenlight Capital’s David Einhorn.
• Focus on Growth and Profitability: Investors have shifted their focus towards profitability and growth, prioritizing companies with strong earnings growth over traditional value metrics like price to earnings (P/E) or price to book.
• Rise of Passive Investing: Passive investors, who primarily invest in index funds, are increasingly dominating the market. This shift is driven by the lower cost of passive funds and the long-term underperformance of active fund managers.

Healthcare

Drug Development and Research

• Psychedelic Therapy Advancements: CaaMTech, Inc. received positive feedback from the FDA for its CT-4201 psilocin prodrug program for depression, indicating progress in psychedelic-assisted therapy for mental health.
• Gene Therapy for Osteoarthritis: Pacira BioSciences, Inc. presented data showing sustained improvements in knee pain, stiffness, and function for up to 104 weeks after a single injection of PCRX-201 (enekinragene inzadenovec), a gene therapy candidate for osteoarthritis.
• Expanding Precision Cardiology: Avidity Biosciences expanded its RNA-based pipeline into precision cardiology, developing AOC 1086 and AOC 1072 for PLN cardiomyopathy and PRKAG2 syndrome, respectively.
• LAG-3 Immunotherapy in Lung Cancer: Immutep Limited reported positive data from the INSIGHT-003 Phase 1 trial evaluating eftilagimod alpha (efti) combined with Keytruda® (pembrolizumab) and chemotherapy for first-line treatment of metastatic non-squamous non-small cell lung cancer (1L NSCLC) patients.

Drug and Device Approvals and Launches

• First FDA-Approved Gene Therapy for AADC Deficiency: PTC Therapeutics, Inc. received accelerated approval for Kebilidi (eladocagene exuparvovec-tneq), the first gene therapy directly administered to the brain for AADC deficiency.
• High-Performance MRI Scanner Clearance: GE HealthCare Technologies received FDA clearance for its SIGNA MAGNUS, a 3.0T high-performance, head-only magnetic resonance imaging (MRI) scanner.
• FDA Approval for ORLYNVAH™: Iterum Therapeutics plc received approval for ORLYNVAH™ for the treatment of uncomplicated urinary tract infections caused by Escherichia coli, Klebsiella pneumoniae, or Proteus mirabilis.
• FDA Approval for Ayvakit: Blueprint Medicines Corporation received FDA approval for Ayvakit (avapritinib) as the first treatment for indolent systemic mastocytosis (ISM).

Company Performance and Acquisitions

• Amazon One Medical Telehealth Expansion: Amazon announced Prime members can access fixed pricing for treatments like erectile dysfunction and men’s hair loss, increasing competition in the direct-to-consumer marketplace.
• BioNTech Acquires Biotheus: BioNTech SE acquired China-based Biotheus, strengthening its oncology pipeline.
• UnitedHealth Acquires Amedisys: UnitedHealth Group acquired healthcare services company Amedisys Inc., facing a lawsuit from the U.S. Justice Department regarding competition concerns.
• Envoy Medical’s Pivotal Trial for Acclaim Cochlear Implant: Envoy Medical® received FDA approval to initiate a pivotal clinical study for the Acclaim® fully implanted cochlear implant, supporting eventual PMA submission.

Industry Trends

• Growth of the Compression Therapy Market: The global compression therapy market is projected to reach USD 6.72 Billion by 2033, driven by an aging population, technological advancements, and increased awareness of venous disorders.
• Rise of Psychedelic Therapy: Psychedelic therapy is gaining momentum, with several companies advancing clinical trials for conditions such as depression, PTSD, and anxiety.
• Artificial Intelligence in Healthcare: Artificial intelligence is transforming the healthcare industry by aiding in diagnosis, treatment, and research.
• Growing Interest in Biosimilars: Biosimilars are gaining market share as they offer more affordable alternatives to brand-name biologics.

Economy & Real estate

US Economic Indicators

• Wholesale Inflation Edges Up: The Producer Price Index (PPI) increased by 0.2% in October, aligning with expectations. The year-over-year PPI inflation rate rose to 2.4% from a revised 1.9%, marking the first increase after three consecutive monthly declines. Excluding food and energy, core PPI climbed 0.3% month-over-month and 3.1% year-over-year, exceeding expectations.
• Jobless Claims Moderate: Initial filings for unemployment benefits totaled 217,000 for the week ending Nov. 9, down 4,000 from the previous period and slightly lower than the 220,000 estimate. Continuing claims, which run a week behind, totaled 1.873 million, down 11,000 from the prior week. These figures suggest that the pace of layoffs is continuing to moderate.
• Rate Cut Probabilities: The market-implied probability for a December rate cut nudged down to 76.1% following the release, an area that still indicates a strong likelihood. Traders expect the Fed to follow up rate cuts in September and November with another quarter percentage point reduction at the Dec. 17-18 meeting. After that, market pricing points to the Fed skipping January and moving at a slower easing pace through 2025.

US Real Estate

• Affordable Housing Development: Blacklist Capital, a New York-based real estate private equity firm, closed its third fund, which will complete an affordable housing project in New York City. The fund aims to create buildings with a certain percentage of units designated as affordable housing, offered at below-market rates.
• International Expansion: Blacklist Capital expanded into the Middle East, acquiring its first asset in the UAE. The firm plans to expand into Saudi Arabia in the near future, aligning with the Vision 2030 initiative.

Company News

• REIT Performance: REITs like EastGroup Properties, focused on industrial properties in the Sun Belt region, continue to benefit from the growth of e-commerce and industrial demand. Iron Mountain reported strong third-quarter 2024 results driven by solid performance in storage, services, and data centers.
• Private Equity & Affordable Housing: Preservation Equity Fund Advisors acquired Tammy Brook Apartments, a 90-unit apartment community in Weymouth, MA, to preserve existing affordable housing.
• Commercial Real Estate: CBRE Group, a commercial real estate services and investment firm, reported strong third-quarter 2024 results with double-digit revenue and segment operating profit growth. The company increased its 2024 core EPS outlook.
• Retail Property: MRM, a real estate company specializing in retail property, announced a 1.5% increase in revenues generated by retailers in its portfolio during the first nine months of 2024.
• Homebuilder Performance: Beazer Homes USA reported better-than-expected fourth-quarter fiscal 2024 results, with earnings and revenues surpassing the Zacks Consensus Estimate. PulteGroup also reported impressive results in the third quarter of 2024, with earnings and total revenues beating the Zacks Consensus Estimate and growing year over year.
• Mixed Homebuilder Results: D.R. Horton reported fourth-quarter fiscal 2024 results, with earnings and revenues missing Zacks Consensus Estimate and decreasing year-over-year. NVR reported mixed third-quarter 2024 results, with earnings missing the Zacks Consensus Estimate and Homebuilding revenues surpassing the same.
• Luxury Homebuilder News: Toll Brothers announced the grand opening of its newest collection of homes, Travisso – Verona Collection, in the master-planned community of Travisso in Leander, Texas.

Emerging Market Outlook

• Emerging Markets: The potential impact of a more protectionist U.S. policy and potential fiscal loosening on emerging markets is being closely watched. Concerns over tighter financial conditions and currency depreciation are rising.

Retail

Furniture Sales Decline

• Havertys Leadership Change and Earnings Miss: Havertys Furniture Companies, Inc. (HVT) announced that CEO Clarence H. Smith will retire on January 1, 2025, after 50 years with the company. Steven G. Burdette, currently president, will become the new CEO. Havertys missed third-quarter earnings estimates by 39.6%, reporting earnings of $0.29 compared to the consensus of $0.48. Sales fell 20.2% to $175.9 million, with comparable-store sales decreasing 20.5%.
• Housing Market Slowdown Impact: The furniture industry is experiencing difficulties due to a slowdown in the housing market. Sluggish home sales and reduced homeowner movement have negatively impacted demand for new furniture.
• Havertys Financial Strength: Despite market challenges, Havertys maintains a strong balance sheet with no outstanding debt and $80 million in credit availability.

Auto Retail Resilience

• Lithia Motors and Rush Enterprises Navigate Headwinds: Lithia Motors (LAD) and Rush Enterprises (RUSHA) are two auto retailers demonstrating resilience in the face of industry headwinds, including slowing vehicle sales growth, shrinking margins, and uncertainty surrounding EV policies. Both companies are delivering value to shareholders through share buybacks and dividend increases.

Restaurant Performance Mixed

• Bloomin’ Brands Struggles: Bloomin’ Brands (BLMN), the parent company of Outback Steakhouse and Carrabba’s Italian Grill, has seen its stock decline over 50% year-to-date due to sluggish sales growth and investor concerns. The company faces challenges in the restaurant industry and holds a Zacks Rank #5 (Strong Sell), indicating downward pressure on earnings estimates.
• Shake Shack Offers Growth Potential: Shake Shack (SHAK) offers a more reasonably priced alternative to Cava Group (CAVA), with strong growth potential. Shake Shack is expanding globally and has a market capitalization of $5.5 billion, compared to Cava’s $16.5 billion.

Coffee Chain Competition

• Dutch Bros Capitalizes on Starbucks Struggles: Dutch Bros (BROS), the No. 2 pure-play coffee chain behind Starbucks (SBUX), reported stellar third-quarter earnings with comparable-store sales growth of 2.7%. This drove revenue up 28% to $338.2 million. Dutch Bros is aggressively expanding with a goal of reaching 4,000 locations in the next 10 to 15 years.

Retail Sector Overview

• Positive Earnings Growth Continues: The retail sector is showing positive earnings growth for the fifth consecutive quarter, with earnings expected to be up 7.6% in Q3.
• Consumer Spending Shifts: Consumers are shifting spending from discretionary goods to services, impacting retailers who rely heavily on these sales.
• Home Improvement Industry Challenges: Home improvement retailers like Home Depot (HD) and Lowe’s (LOW) are facing challenges due to high interest rates and a slowing housing market. The Federal Reserve’s easing cycle is expected to provide a boost to this industry.

Infrastructure

Global Infrastructure Investments

• AEP Invests in Fuel Cells: American Electric Power (AEP) is investing in Bloom Energy solid oxide fuel cells to provide power to data centers and other large energy users. This initiative, the largest utility fuel cell technology project in the U.S., will help AEP meet the growing energy demand from large customers.
• TransAlta Acquires Heartland: TransAlta Corporation is acquiring Heartland Generation Ltd. and Alberta Power (2000) Ltd. for $542 million, expanding its flexible generation capabilities in Alberta’s energy-only market. This acquisition will add 1,747 MW of complementary capacity, including cogeneration, peaking generation, and natural gas-fired thermal generation.
• Southwest Gas Infrastructure Expansion: Southwest Gas Holdings Inc. (SWX) is investing $2.4 billion in infrastructure over the next three years to support customer growth, system improvements, and pipe replacement programs. The company’s natural gas segment is experiencing strong growth, with 41,000 first-time meter sets installed in the past year.

Infrastructure Development

• UK Mass Transit Project: Jacobs Solutions, Inc. (J) and Mott MacDonald were selected as Design Development Partners for the West Yorkshire Mass Transit Programme in the UK, one of the largest urban transit schemes in the country. This program aims to connect communities across the region with an advanced, high-capacity public transport system.
• Sustainable Building Innovations: The second edition of Tomorrow.Building World Congress showcased new ideas and projects for sustainable building and urban infrastructure. The event featured leading innovation companies and experts in urban planning, construction technology, and sustainable building practices.
• Waste Asphalt Shingle Recycling: Sky Quarry Inc. is building its first Waste Asphalt Shingle Modular Facility, designed to process waste asphalt shingles in regional markets. The facility is expected to commence operations in 2025 and will be part of a planned nationwide modular network to recycle waste shingles.

Infrastructure and Energy Transition

• Egypt’s First Hybrid Wind and Solar Power Plant: Voltalia and TAQA Arabia are working with the Egyptian Ministry of Electricity to repower the Zafarana wind farms. The project, the first hybrid wind and solar power facility in Egypt, will combine 1.1 GW of wind power with 2.1 GW of solar power.
• NKT’s Strong Financial Performance: NKT A/S, a power cable solutions provider, reported strong financial performance in the third quarter of 2024, with double-digit revenue growth and record-high quarterly operational EBITDA. The company is well-positioned to benefit from the robust demand driven by the energy transition.

Infrastructure Regulations and Legal Disputes

• PVC Pipe Antitrust Lawsuit: Erie County Water Authority in New York filed an antitrust lawsuit against several major U.S. PVC pipe manufacturers, alleging they colluded to artificially inflate prices. The lawsuit claims that the manufacturers used an industry information exchange platform to coordinate prices, potentially impacting public water systems nationwide.
• Canada Post Service Disruption and Impact on Utilities: Alectra Utilities is urging customers to switch to paperless billing and alternative payment options due to a Canada Post service disruption.

Commodities

Lithium Development

• Volt Lithium Corp. Offering: Volt Lithium Corp. is aiming to become one of North America’s first commercial lithium producers by extracting lithium deposits from existing oilfield brine wells. The company announced an upsized public offering of up to 17,500,000 units at $0.31 per unit for aggregate gross proceeds of up to $5,400,000.

Cannabis Market Update

• Rubicon Organics Q3 2024 Results: Rubicon Organics Inc. reported record net revenue of $13.5 million for the third quarter of 2024, representing a 34% increase from the same period in 2023. The company achieved a 6.4% market share in Canada, up from 5.1% in 2023.
• Rubicon’s Vape Launch: Rubicon Organics launched into the vape category with its 1964 Supply Co brand in May 2024. The company’s vape market share is increasing rapidly, with 55% distribution achieved in just six months.
• Wildflower’s Cannabis Wellness: Wildflower, Rubicon’s cannabis wellness brand, is the #1 topical brand in Canada, with a 27.8% market share. The brand is expanding into adjacent categories, including edibles, oils, and capsules.
• New Genetics Launches: Rubicon Organics launched new genetics under its Simply Bare Organic and 1964 Supply Co brands, including BC Organic Zookies, BC Organic Power Mintz, and Blue Dream.

Gold Market Analysis

• Gold Prices Fall to Two-Month Lows: Gold prices have tumbled to near two-month lows, dropping nearly 7% since President-elect Donald Trump’s election victory. The slide has been attributed to a strengthening dollar and risk-on sentiment in the equity markets.
• Trump’s Impact on Gold: The market expects lower taxes and regulations under Trump’s presidency, which has led to money flowing into equities and Bitcoin, and out of gold.
• Central Bank Demand Remains Strong: Despite the recent price decline, central bank demand for gold is expected to remain strong due to the U.S. fiscal outlook and increasing geopolitical tensions.

Silver Mining Performance

• Bunker Hill Silver Loan: Bunker Hill Mining Corp. closed the fourth tranche of a silver loan with Monetary Metals Bond III LLC in the principal amount of US$1,250,000, equivalent to 39,619.6513 ounces of silver.
• Bunker Hill’s Restart Plan: Bunker Hill is making progress on restarting its mine, with construction of the concentrator nearing completion. The company is targeting a restart in the first half of 2025.

Offshore Energy Infrastructure

• SBM Offshore FPSO Sales: SBM Offshore announced the sale of FPSO Prosperity to ExxonMobil Guyana Ltd. and is on track to sell FPSO Liza Destiny by year-end 2024.
• GranMorgu Field Development: SBM Offshore was awarded a contract to construct and install an FPSO for the GranMorgu field development project in Suriname, with first oil expected in 2028.
• Strong Financial Performance: SBM Offshore increased its EBITDA guidance for the year from around US$1.3 billion to around US$1.9 billion.

Dry Bulk Shipping

• Belships Solid Q3 Results: Belships ASA reported a net result of USD 19.3 million for the third quarter of 2024, driven by strong TCE earnings and a book gain from vessel sales. The company declared a dividend of NOK 0.50 per share.
• Belships Fleet Expansion: Belships expanded its newbuilding program with one new 64,000 dwt Ultramax bulk carrier, which will be delivered in the second half of 2027.
• Market Outlook: Belships expects to generate free cash flow and continue to pay quarterly dividends based on its current contract coverage and market expectations.

Accommodation Vessel Market

• Prosafe’s Strong Backlog: Prosafe SE reported a backlog of USD 400 million, reflecting strong commercial performance. The company secured contracts for its vessels in Brazil and the North Sea.
• Refinancing Plans: Prosafe is continuing its refinancing process with an indicative refinancing requirement of ~USD 400 million.
• Market Outlook: Prosafe expects increased utilization and earnings growth in the coming years, supported by a robust demand for accommodation vessels.

Gold and Strategic Mineral Exploration

• Prime Mining Resource Update: Prime Mining Corp. announced an updated resource statement for its Los Reyes Gold-Silver Project in Mexico, reflecting a 49% increase in Indicated Resources to 2.2 million gold-equivalent ounces.
• Prime’s Drilling Program: Prime is expanding its exploration drilling program to 50,000 meters in 2024, focusing on extending high-grade zones and increasing the resource base.
• Amaroq Minerals First Gold Production: Amaroq Minerals Ltd. is nearing first gold production at its Nalunaq Gold mine in Greenland, with many key components of the processing plant installed.
• Amaroq’s Exploration Programs: Amaroq is actively exploring its gold, copper, and nickel projects in Greenland, with results expected in Q4 2024 and Q1 2025.
• Updated Resource Estimate for Nalunaq: Amaroq is expected to publish an updated Mineral Resource Estimate for Nalunaq in Q1 2025.
• Cornish Metals Exploration Target: Cornish Metals Inc. defined a near-mine Exploration Target at its South Crofty high-grade tin project in Cornwall, UK, indicating potential for resource expansion.

Formic Acid Market

• Formic Acid Market Growth: The global formic acid market is expected to grow at a CAGR of 9.53% during the forecast period 2024 to 2033, driven by rising demand from the animal feed, rubber, and agricultural industries.
• Key Players: Prominent players in the formic acid market include BASF SE, Celanese Corporation, and Eastman Chemical Company.
• Industry Partnerships and Acquisitions: Companies in the formic acid market are entering into partnerships and acquisitions to enhance their market positions, including Thermo Fisher Scientific, PETRONAS Chemicals Group, and Incipio Group.

Polyethylene Glycol (PEG) Market

• PEG Market Growth: The global PEG market is projected to grow at a CAGR of 6.2% during the forecast period 2024 to 2029.
• Market Drivers: Increasing demand for PEG in pharmaceuticals, cosmetics, and industrial applications is driving market growth.
• Asia Pacific’s Dominance: Asia Pacific is the fastest-growing region for the PEG market, with strong growth in the pharmaceutical and personal care industries.

Oil and Gas

• Occidental Petroleum’s Strong Q3 Performance: Occidental Petroleum Corp. exceeded analysts’ expectations for third-quarter 2024 earnings, driven by strong cash flow generation from its recent acquisition of CrownRock.
• Debt Reduction: Occidental is making significant progress on its debt-reduction targets, having repaid $4 billion of debt in the quarter.
• Chevron’s Capital Return Program: Chevron reported solid third-quarter 2024 earnings and is generating plenty of cash flow to support its sizeable capital return program and long-term investments.
• Portfolio Optimization: Chevron continues to center its portfolio around its highest-conviction plays and pull back on lower-quality assets.
• Enerflex Q3 2024 Results: Enerflex Ltd. reported strong financial results for the third quarter of 2024, driven by solid performance in its Engineered Systems business line.
• Dividend Increase: The company’s board of directors increased the quarterly dividend by 50%.
• Debt Reduction and Leverage Ratio: Enerflex has successfully reduced leverage to within its target range of 1.5x to 2.0x, through disciplined capital spending and debt repayment.
• K92 Mining Q3 2024 Results: K92 Mining Inc. achieved record quarterly production of 44,304 ounces gold equivalent, with strong cash and cash equivalent position of $120.3 million.
• Expansion Plans: K92 is progressing with the construction of its Stage 3 Expansion Process Plant and has awarded a contract for the river crossing.
• Exploration at Arakompa: The company is exploring its Arakompa project, with the potential for a maiden mineral resource estimate by Q1 2025.

Agriculture

• Nutrien Q3 2024 Results: Nutrien Ltd. missed analysts’ expectations for third-quarter 2024 earnings, with sales falling around 5% year over year. The decline was driven by lower net realized selling prices in the Potash unit.
• Industry Outlook: The Zacks Agriculture – Operations industry is poised to benefit from innovations and growing consumer demand for healthy products. However, the industry faces challenges such as fluctuating commodity prices and rising input costs.

Well Intervention Market

• Well Intervention Market Growth: The global well intervention market is projected to reach USD 12.14 Billion by 2031, with a CAGR of 4.8% during the forecast period.
• Market Drivers: The growth is fueled by new oilfield developments, efforts to increase productivity from conventional fields, and the increasing focus on deep and ultra-deep-sea explorations.
• Key Players: Schlumberger Limited, Halliburton Company, and Baker Hughes are among the key players operating in the well intervention market.

Midstream Energy

• Kinder Morgan’s Spotty Dividend History: Kinder Morgan has a spotty dividend history, with cuts and changes to previously stated plans, making it less reliable for income investors.
• Enterprise Products Partners and Enbridge: These two midstream companies have been more reliable dividend payers, with consistent increases over the years.

Uranium Market

• Uranium Prices Rise: Uranium prices have been moving higher in recent months due to supply concerns and blistering demand.
• Direxion Daily Uranium Industry Bull 2X Shares (URAA): This leveraged ETF seeks to provide investors with a 200% daily return on the performance of the Solactive United States Uranium and Nuclear Energy ETF Select Index.

Other Commodities and Materials

• Ashland Inc. Dividend: The board of directors of Ashland Inc. declared a quarterly cash dividend of $0.405 cents per share on the company’s common stock.
• Global Pressure Sensitive Adhesives Market: The global pressure sensitive adhesives market is estimated to flourish at a CAGR of 5.2% from 2022 to 2031, driven by increasing demand in the food and beverage, automotive, and electronics industries.
• Global One-Component Polyurethane Foam Market: The global one-component polyurethane foam market is expected to reach US$ 6.15 Billion by 2031, at a CAGR of 6.4% during the forecast period.
• Global Plant Activator Market: The global plant activator market is analyzed to reach a value of US$ 1.38 billion by the end of 2034, driven by the increasing demand for organic produce and sustainable agricultural practices.
• Global Sulfamic Acid Market: The global sulfamic acid market is projected to expand at a CAGR of 4.6% from 2023 to 2031.
• Global Adhesive Tapes Market: The global adhesive tapes market is estimated to grow at a CAGR of 6.7% from 2023 to 2031.
• Global PVC Emulsion Market: The global PVC emulsion market is estimated to reach US$ 5.1 Bn by the end of 2031.
• Global Sulfuric Acid Market: The global sulfuric acid market is estimated to reach a value of US$ 18.2 Bn by the end of 2031.
• Global Floating Power Plants Market: The global floating power plants market is projected to grow at a CAGR of 9% through 2033.
• Global Medicinal Herbs Market: The global medicinal herbs market is estimated to reach a market valuation of US$ 555 Bn by 2033.

Key Industry Trends

• Decarbonization: The energy transition is a significant driver for demand in commodities like lithium, nickel, and cobalt, which are essential for battery production and renewable energy technologies.
• Sustainability: Companies in various sectors are increasingly prioritizing sustainable practices, leading to the adoption of eco-friendly materials and processes.
• Innovation: Technological advancements and product innovations are driving growth in many commodity markets, including the development of new materials and production methods.
• Supply Chain Restructuring: Companies are focusing on strengthening and diversifying their supply chains to mitigate geopolitical risks and ensure reliable access to critical resources.
• ESG Considerations: Environmental, social, and governance (ESG) factors are becoming increasingly important for investors, influencing decisions and driving investments in companies with strong sustainability profiles.

Politics

UFOs and US Government

• UAP Sightings and Advanced Technology: A U.S. House Subcommittee hearing revealed evidence of Unidentified Aerial Phenomenon (UAPs) operating at speeds exceeding human-made aircraft. Former director of the Advanced Aerospace Threat Identification Program, Lue Elizondo, revealed that the U.S. government is in possession of UAP technologies, suggesting a potential “multi-decade, secretive arms race.”
• UAP Communication with Military: Elizondo testified that there has been “non-verbal communication” between the military and UFOs, suggesting an awareness of their presence and intent. He compared the interaction to communication between military aircraft and Russian reconnaissance aircraft.
• Call for Transparency and Disclosure: Witnesses at the hearing emphasized the need for greater transparency about the government’s knowledge of UFOs and their advanced technologies. Elizondo called for the release of “visual and other information,” including photographs and videos.
• Satellite Imagery Evidence: Retired U.S. Navy Rear Admiral Tim Gallaudet confirmed the existence of satellite recordings of UFO sightings, suggesting a concerted effort by some government elements to suppress this information.

Georgian Elections and Geopolitical Tensions

• Pro-EU Protests and Allegations of Russian Interference: The Georgian elections, held on October 26, saw the pro-Russian ruling party win amid allegations of Russian interference. Thousands of pro-EU supporters protested in Tbilisi, the capital, denouncing the election results as illegitimate.
• Geopolitical Battle Between the West and Russia: The Georgian election is seen as a reflection of the geopolitical battle between the West and Russia in the region. The ruling party favors closer ties with Moscow, while the opposition seeks to improve ties with the EU.
• EU and US Call for Election Investigation: The US and the EU have called for a full investigation into the Georgian elections, citing concerns about irregularities and allegations of Russian meddling. Washington has warned of potential consequences if the Georgian government does not address these concerns.
• Russia’s Influence in Georgia: Moscow views Georgia as a key territory in its efforts to reassert authority in the post-Soviet space. Russia supports the pro-Russian regimes in Abkhazia and South Ossetia, both breakaway regions that declared independence from Georgia in the early 1990s. Russia has deployed troops in these regions and is constructing a naval base in Abkhazia.

Trump’s Second Term: Cabinet Picks and Policy

• Rubio as Secretary of State: President-elect Donald Trump has nominated Senator Marco Rubio (R-Fla.) for the position of Secretary of State. Rubio is known for his strong stance on China and experience in foreign policy.
• Musk and Ramaswamy to Lead Government Efficiency: Trump has appointed Tesla and SpaceX CEO Elon Musk and entrepreneur Vivek Ramaswamy to head the newly created Department of Government Efficiency.
• Gaetz as Attorney General: Trump has chosen Rep. Matt Gaetz (R-Fla.) as his nominee for Attorney General, signaling a pro-crypto agenda for the administration. Gaetz has been a vocal advocate for Bitcoin.
• Overhaul at the Pentagon: Trump’s transition team is reportedly preparing to dismiss several military officers, including members of the Joint Chiefs of Staff, as part of a major shakeup at the Pentagon. This move is fueled by Trump’s previous criticism of defense leaders who opposed him.

Cannabis Industry and Government Reform

• Support for Cannabis Reform: President-elect Trump’s nomination of former Democratic Congresswoman Tulsi Gabbard as Director of National Intelligence received a positive reception from the cannabis industry. Gabbard has a strong record of advocating for marijuana reform. Additionally, Trump’s nomination of Rep. Matt Gaetz (R-Fla.) as Attorney General is considered a victory for the crypto community.
• Thune’s Opposition to Marijuana Legalization: Newly elected Senate Majority Leader John Thune’s history of opposing marijuana legalization could pose challenges for cannabis reform.
• Giuliani’s Legal Troubles: Lawyers representing Rudy Giuliani, former Trump campaign attorney, are seeking to withdraw from a lawsuit related to a massive defamation judgment against him.
• Pennsylvania’s Bitcoin Reserve Proposal: Pennsylvania is considering establishing its own state-held cryptocurrency reserve. The bill would authorize the state’s treasury to invest a portion of its reserves into Bitcoin, aiming to hedge against inflation.

Stock Picks

Trump Trade Bubble

• Tesla’s Bullish Run: After hitting $350 on Monday, Tesla, considered a “Trump trade” due to Elon Musk’s ties to the President-Elect, solidified its bullish stance. This suggests a potential market surge in these companies, as traders capitalize on the current bubble by placing bullish bets on “Trump trades.”
• Portfolio Armor’s Top Ten: Portfolio Armor’s system identified four “Trump trades” in its daily top ten names on Monday, indicating a potential market surge in these companies. These bullish bets are leveraged by options with shorter expiration dates to secure profits quickly.
• Betting on the Bubble: Traders are capitalizing on the current bubble by placing bullish bets on “Trump trades,” leveraging options with shorter expiration dates to secure profits quickly. However, given the rapid ascent of these stocks, the market is anticipating the bubble to burst around the end of the year.

Earnings Season

• Disney’s Earnings Preview: Wall Street anticipates The Walt Disney Company to report quarterly earnings of $1.10 per share on revenue of $22.35 billion.
• Cisco’s Strong Performance: Cisco Systems reported better-than-expected first-quarter results, exceeding revenue estimates at $13.84 billion and adjusted earnings at 91 cents per share.
• Advance Auto Parts’ Miss: Advance Auto Parts, Inc. is expected to post quarterly earnings of 49 cents per share on revenue of $2.65 billion.
• Helmerich & Payne’s Disappointing Results: Helmerich & Payne, Inc. reported worse-than-expected fourth-quarter earnings and sales results.

Meme Stocks to Buy Now

• BuzzFeed’s Turnaround: BuzzFeed, a left-leaning media organization, has been struggling since 2021. However, Vivek Ramaswamy’s recent acquisition of a 9% stake has injected renewed life into the company. BZFD shares are breaking out after a period of consolidation, suggesting a potential rebound.
• GameStop’s Meme Mania: Despite its declining fundamentals, GameStop’s meme stock status has benefited the company. Its management team has strategically sold shares during previous spikes, resulting in a large cash hoard. This substantial cash position allows for strategic investments back into the business, expansions into new sectors, or even a special dividend.

Zacks’ Top Stocks

• Jim Cramer’s Speculative Picks: Jim Cramer highlighted ten stocks, each valued at over $1 billion, that have experienced significant growth in 2024. However, he cautions against their high valuations.
• Zacks Rank #1 (Strong Buy) Stocks: Sappi Limited, Townsquare Media, Inc., and Allient Inc. are three stocks with buy rank and strong value characteristics. Sappi Limited and Townsquare Media, Inc. are two stocks with buy rank and strong income characteristics.

Oversold Stocks in Consumer Staples

• B&G Foods’ Weak Sales: B&G Foods reported worse-than-expected third-quarter financial results and issued FY24 net sales guidance below estimates.
• Coca-Cola’s Sales Decline: Coca-Cola reported a third-quarter 2024 sales decline of 1% year-on-year to $11.9 billion.
• Estee Lauder’s Miss: The company reported first-quarter adjusted earnings per share of 14 cents, beating the street view of 9 cents, but missed the analyst consensus estimate of $3.371 billion in quarterly sales.

High Earnings Yield Stocks

• Pitney Bowes: The company is a global technology firm powering billions of transactions in the connected world of commerce.
• Cooper Group: It provides non-banking services for mortgage loans and offers services to single-family residences in the United States.
• Barrick Gold: One of the largest gold mining companies with projects across five continents.
• Quad Graphics: A provider of print and multichannel solutions for consumer magazines, catalogs, and directories.
• PDD Holdings: A multinational commerce group operating a portfolio of businesses.

Solid Net Profit Margin Stocks

• Graham: Designs and manufactures vacuum and heat transfer equipment for process industries and energy markets.
• Qifu Technology: A credit-tech platform providing technology services to financial institutions and consumers in China.
• Adtalem Global Education: A leading provider of healthcare education and workforce solutions.
• Strategic Education: Offers post-secondary education and academic programs in the United States.

Analyst Initiated Coverage

• Adial Pharmaceuticals: Rodman & Renshaw initiated coverage with a Buy rating and a price target of $8.
• Carlisle Companies Incorporated: Truist Securities initiated coverage with a Hold rating and a price target of $460.
• Achieve Life Sciences: Rodman & Renshaw initiated coverage with a Buy rating and a price target of $12.
• Turning Point Brands: Oppenheimer initiated coverage with an Outperform rating and a price target of $65.
• Rockwell Medical: Rodman & Renshaw initiated coverage with a Buy rating and a price target of $5.

Top Stocks to Buy in November

• AppLovin: A growing portfolio empowering companies and app developers to acquire and keep users, increase value across a customer’s lifecycle, and more.
• MasTec: A leading U.S. infrastructure construction firm, with offerings spanning engineering, building, installation, maintenance, and upgrades.

Dividend Income from Spectrum Brands

• Spectrum Brands’ Dividend Yield: Spectrum Brands offers an annual dividend yield of 1.79%, which translates to a quarterly dividend of 42 cents per share.
• Generating $500 Monthly Dividend Income: To generate a monthly dividend income of $500, an investor would need to own approximately $334,603 worth of Spectrum Brands, or 3,571 shares.

Analyst Rating Changes

• Digi International Inc.: Craig-Hallum boosted the price target from $28 to $32 but downgraded the stock from Buy to Hold.
• Cisco Systems, Inc.: Morgan Stanley boosted the price target from $58 to $62 and maintained an Overweight rating.
• Mastercard Incorporated: BMO Capital raised the price target from $550 to $565 and maintained an Outperform rating.
• Spire Global, Inc.: Baird increased the price target from $9 to $16 and maintained a Neutral rating.
• Occidental Petroleum Corporation: Susquehanna cut the price target from $77 to $65 but maintained a Positive rating.
• NVIDIA Corporation: Susquehanna boosted the price target from $160 to $180 and maintained a Positive rating.
• Tesla, Inc.: Jefferies increased the price target from $195 to $300 but maintained a Hold rating.
• Coterra Energy Inc.: Piper Sandler boosted the price target from $32 to $35 and maintained an Overweight rating.
• Honeywell International Inc.: B of A Securities raised the price target from $220 to $240 and maintained a Neutral rating.
• Amazon.com, Inc.: Needham increased the price target from $210 to $250 and maintained a Buy rating.

Stocks Moving Lower in Pre-Market Trading

• Advance Auto Parts: Reported downbeat quarterly results, with a quarterly loss of 4 cents per share and missed sales estimates.
• Harrow, Inc.: Reported worse-than-expected third-quarter sales results.
• Ibotta, Inc.: Reported quarterly results.
• Taysha Gene Therapies, Inc.: Reported third-quarter results.
• Super Micro Computer, Inc.: Announced it was unable to file its quarterly report for the period ending Sept. 30 in a timely manner.
• Tetra Tech, Inc.: Reported worse-than-expected fourth-quarter EPS results.
• ZEEKR Intelligent Technology Holding Limited: Reported third-quarter results.
• Mercurity Fintech Holding Inc.: Jumped 61% on Wednesday.

Southwest Airlines’ Growth

• Strong Air Travel Demand: Southwest Airlines is benefiting from a rebound in air travel demand following the end of the pandemic.
• Cost-Saving Measures: The company has been implementing cost-cutting measures, including minimizing hiring, optimizing scheduling, and improving corporate efficiency.
• Fleet Modernization: The company is investing in fleet modernization techniques, which should lower costs and increase efficiency.

High Implied Volatility

• Hub Group: The options market is anticipating a big move for Hub Group shares, potentially driven by upcoming events or market sentiment.
• Alexander & Baldwin: The options market is anticipating a big move for Alexander & Baldwin shares, potentially driven by upcoming events or market sentiment.

Recent Price Strength

• Northrim BanCorp: Is currently trading at 97.2% of its 52-week High-Low Range, suggesting a potential breakout.

Fast-Paced Momentum at a Bargain

• Deluxe: This payments and data company is seeing fast-paced momentum while trading at a reasonable valuation.
• Greenbrier Companies: This maker of railroad freight car equipment is seeing fast-paced momentum while trading at a reasonable valuation.
• Pitney Bowes: This mailing equipment and software company is seeing fast-paced momentum while trading at a reasonable valuation.
• Onity Group: This mortgage servicer is seeing fast-paced momentum while trading at a reasonable valuation.

Zacks’ Strongest Buys

• Westinghouse Air Brake Technologies: Provides technology-based locomotives, equipment, systems, and services for the freight rail and passenger transit industries.
• TrueBlue, Inc.: A specialized workforce solutions provider.
• Vanda Pharmaceuticals Inc.: A biopharmaceutical company.
• Townsquare Media, Inc.: A digital media and marketing solutions company.
• Sappi Limited: A wood fiber-based renewable resources company.
• Vimeo, Inc.: A video software solutions provider.
• Interface, Inc.: A modular carpet products company.
• Brinker International, Inc.: A franchisor of casual dining restaurants.
• Vertiv Holdings Co: Provides shipping containers and related services.

Most Searched Stocks

• Southern Copper: The consensus earnings estimate for the current fiscal year has changed +1.1% over the last 30 days.
• Sterling Infrastructure: The consensus earnings estimate for the current fiscal year has changed +5.4% over the last 30 days.
• ODP Corp.: The consensus earnings estimate for the current fiscal year has changed -23.9% over the last 30 days.

Carnival’s 52-Week High

• Strong Earnings Outlook: Carnival is expected to post earnings of $1.31 per share on $25.19 billion in revenues for the current fiscal year.
• Solid Valuation: The stock is trading at 18.7X current fiscal year EPS estimates, not in-line with the peer industry average of 21.8X.
• Zacks Rank #1 (Strong Buy): The company is currently a Zacks Rank #1 (Strong Buy).

Analyst Predictions for The AZEK Company

• Lower Earnings and Revenue: Analysts predict quarterly earnings of $0.26 per share, a year-over-year decline of 27.8%, and revenues of $336.58 million, a decline of 13.4%.
• Zacks Rank #3 (Hold): The company is currently a Zacks Rank #3 (Hold).

Norfolk Southern’s Short Interest

• Increasing Short Interest: The company has 2.19 million shares sold short, which is 0.97% of all regular shares available for trading.
• Short Interest Compared to Peers: The company has less short interest than most of its peers.

Analyst Recommendations for MINISO Group Holding Limited

• Average Brokerage Recommendation (ABR) of 2.00: Four of the seven recommendations are Strong Buy, suggesting a Buy rating for the stock.
• Zacks Rank #3 (Hold): The Zacks Consensus Estimate for the current year has remained unchanged over the past month.

Analyst Recommendations for Deckers

• Average Brokerage Recommendation (ABR) of 2.00: Nine of the 19 recommendations are Strong Buy, suggesting a Buy rating for the stock.
• Zacks Rank #1 (Strong Buy): The Zacks Consensus Estimate for the current year has increased 3.8% over the past month.

Analyst Recommendations for Archrock Inc.

• Average Brokerage Recommendation (ABR) of 1.29: Five of the seven recommendations are Strong Buy, suggesting a Buy rating for the stock.
• Zacks Rank #3 (Hold): The Zacks Consensus Estimate for the current year has remained unchanged over the past month.

Oversold Stocks

• Clover Health Investments, Corp.: The stock has declined 25.8% over the past four weeks, but its RSI reading of 28.63 suggests a potential turnaround.
• Gossamer Bio: The stock has declined 15.9% over the past four weeks, but its RSI reading of 19.78 suggests a potential turnaround.

Hammer Chart Pattern

• Galecto, Inc.: The formation of a hammer chart pattern suggests a potential trend reversal.

Consensus Price Targets

• Carriage Services: The mean price target of $48.33 indicates a 25.3% upside potential.
• Mach Natural Resources LP: The mean price target of $23.67 indicates a 45.7% upside potential.
• Atlas Lithium Corporation: The mean price target of $27.67 indicates a 246.3% upside potential.

Golden Cross

• AMETEK, Inc.: The company’s 50-day simple moving average crossed above its 200-day simple moving average, suggesting a bullish breakout.
• Air Canada: The company’s 50-day simple moving average crossed above its 200-day simple moving average, suggesting a bullish breakout.

Earnings Estimate Revisions

• Haynes International: The consensus EPS estimate for the quarter has been revised 12.24% lower over the last 30 days.
• Deere: The consensus EPS estimate for the quarter has been revised 0.22% higher over the last 30 days.

Top Stocks to Buy

• Axis Capital: A #3 (Hold) on the Zacks Rank, with a VGM Score of B.
• Boyd Gaming: A #3 (Hold) on the Zacks Rank, with a VGM Score of A.
• CACI International: A #2 (Buy) on the Zacks Rank, with a VGM Score of B.
• Skechers: A #3 (Hold) on the Zacks Rank, with a VGM Score of A.

Undervalued Stocks

• Toyota Motor: A #2 (Buy) on the Zacks Rank, with an A for Value.
• Grupo Aval Acciones y Valores: A #2 (Buy) on the Zacks Rank, with an A for Value.
• ANI Pharmaceuticals: A #1 (Strong Buy) on the Zacks Rank, with an A for Value.
• Townsquare Media: A #1 (Strong Buy) on the Zacks Rank, with an A for Value.
• Tapestry: A #2 (Buy) on the Zacks Rank, with an A for Value.
• Norsk Hydro ASA: A #2 (Buy) on the Zacks Rank, with an A for Value.
• DHI Group: A #2 (Buy) on the Zacks Rank, with an A for Value.
• Controladora Vuela Compania de Aviacion, B. de C.V.: A #2 (Buy) on the Zacks Rank, with an A for Value.
• The Greenbrier Companies: A #1 (Strong Buy) on the Zacks Rank, with an A for Value.
• Perdoceo Education: A #2 (Buy) on the Zacks Rank, with an A for Value.
• Deluxe: A #2 (Buy) on the Zacks Rank, with an A for Value.

Top Growth Stocks

• Allison Transmission: A #3 (Hold) on the Zacks Rank, with a Growth Style Score of B.
• Woodward: A #3 (Hold) on the Zacks Rank, with a Momentum Style Score of B.

Insider Trades

• TPG GP A LLC: Sold 2,678,525 shares of Life Time Group Hldgs for a total value of $64,766,734.
• Bruno Allen Leo Di V: Sold 4,945 shares of Cummins for a total value of $1,773,081.

Unusual Options Activity

• Boeing: Big-money investors are anticipating a price range between $120.0 to $200.0 for Boeing over the next three months.
• GameStop: Big-money investors are anticipating a price range between $20.0 to $50.0 for GameStop over the next three months.
• General Motors: Big-money investors are anticipating a price range between $45.0 to $70.0 for General Motors over the next three months.

Stock Performance

• Hillenbrand, Inc.: Surged 14.7% to $34.60 following upbeat quarterly results.
• AC Immune SA: Gained 18% to $3.6844 after announcing interim safety and immunogenicity data from the Phase 2 VacSYn clinical trial.
• NextNav Inc.: Gained 16.8% to $15.85 after reporting better-than-expected quarterly financial results.
• DLocal Limited: Jumped 16.1% to $10.50 after reporting better-than-expected third-quarter revenue results.
• Oscar Health, Inc.: Rose 14.6% to $15.44.
• Taysha Gene Therapies, Inc.: Gained 14.4% to $2.5300 following third-quarter results.
• Beazer Homes USA, Inc.: Rose 13.9% to $36.41 after reporting better-than-expected quarterly financial results.
• Tapestry, Inc.: Gained 11.2% to $57.00 after announcing plans for an additional $2 billion share repurchase program.
• Spire Global, Inc.: Rose 10.9% to $14.91 after agreeing to sell its maritime business to Kpler for roughly $241 million.
• Wynn Resorts, Limited: Gained 9.2% to $93.69.
• ZIM Integrated Shipping Services Ltd.: Climbed 9.1% to $27.28.
• Advance Auto Parts, Inc.: Gained 8.9% to $44.60 following third-quarter results.
• The Walt Disney Company: Rose 8.8% to $111.75 following upbeat earnings.
• JetBlue Airways Corporation: Gained 6.3% to $7.38.
• General Electric: Climbed 6% this month.

Market Movements

• U.S. Stocks: Dow Jones index fell by more than 150 points on Thursday.
• European Shares: The eurozone’s STOXX 600 gained 1.08% on Thursday.
• Asian Markets: Japan’s Nikkei 225 fell 0.48% on Thursday.

Economic Indicators

• U.S. Initial Jobless Claims: Declined by 4,000 from the previous week to 217,000.
• U.S. Producer Prices: Rose 0.2% month-over-month in October.
• U.S. Crude Oil Inventories: Increased by 2.089 million barrels in the week ended Nov. 8.

Top Stocks to Buy (Momentum)

• Vimeo, Inc.: A #1 (Strong Buy) with a Momentum Score of A.
• Sappi Limited: A #1 (Strong Buy) with a Momentum Score of B.
• Five9, Inc.: A #1 (Strong Buy) with a Momentum Score of A.
• Kinetik Holdings Inc.: A #2 (Buy) with a Momentum Score of B.
• Dutch Bros: A #2 (Buy) with a Momentum Score of A.

Top Stocks to Buy (Earnings Estimate Revisions)

• Westinghouse Air Brake Technologies: A #1 (Strong Buy).
• Dutch Bros: A #2 (Buy).
• Cava Group: A #2 (Buy).
• Comfort Systems: A #1 (Strong Buy).

Short Interest

• Ford Motor: The company has 106.07 million shares sold short, which is 2.95% of all regular shares available for trading.
• Crocs: The company has 4.34 million shares sold short, which is 8.63% of all regular shares available for trading.
• Lululemon Athletica: The company has 5.87 million shares sold short, which is 5.94% of all regular shares available for trading.
• Lightbridge: The company has 1.31 million shares sold short, which is 9.48% of all regular shares available for trading.
• Quanta Services: The company has 3.84 million shares sold short, which is 2.95% of all regular shares available for trading.
• CoStar Gr: The company has 11.92 million shares sold short, which is 3.49% of all regular shares available for trading.