GBA Presents: RADIO SAVANT-!

I gots to talk to PING this has 71 views on Youtube I just got that in the last five minutes...

This guy can't find the camera and he does not work at the company I bet-
 
Good Wed-

Confluent price target lowered to $34 from $40 at Piper Sandler 06:12 CFLT Piper Sandler analyst Rob Owens lowered the firm's price target on Confluent to $34 from $40 and keeps an Overweight rating on the shares. After a difficult first six months of returns in the market, investors now discount the potential for and magnitude of the looming recession as well as any early weakness in Europe, Owens tells investors in a research note. Checks in his security and infrastructure software coverage sector suggest that it is "unlikely to show up in results relative to the strong backdrop still enjoyed by our universe." However, "game theory" and guidance will overshadow "solid" Q2 results, writes Owens. He "more prudently approached" 2023 expectations and rationalized some of his price targets, but continues to note that earnings should be strong across the group.
 
Stitch Fix (NASDAQ:SFIX) jumped in after-hours trading after the retailer disclosed that William Gurley snapped up 1,000,000 shares at an average price of $5.43.

Gurley is a director at Benchmark Capital and a Stitch Fix (SFIX) boardmember.

Gurley now holds 2,149,762 shares directly and 1,069,371 shares indirectly. There are a total of 108.2M Stitch Fix (SFIX) shares outstanding, of which insiders hold close to 18%.
 
Boeing delivery strength led by rebound in Max deliveries, says Susquehanna 07:10 BA Susquehanna analyst Charles Minervino updated his Q2 and full-year estimates for Boeing following the release of its Q2 order and delivery data. He said the main takeaway from the monthly data is a recovery in 737 MAX deliveries, which were challenged earlier in the year due to supply chain challenges. Minervino maintained his Positive rating and $192 price target on Boeing shares.
 
The founders of Three Arrows Capital, a formerly prominent crypto hedge fund that recently went bankrupt, are nowhere to be found as of Friday and hence are not cooperating with its liquidation process, Bloomberg reported Tuesday, citing court filings.

Recallthat Three Arrows towards the end of June was ordered to liquidate by a court in the British Virgin Islands. While a court hearing is set for Tuesday, there has not yet been "any meaningful cooperation” from 3AC founders Kyle Davies and Zhu Su, lawyers said in the filings, as reported by Bloomberg.

“Here, that risk is heightened because a substantial portion of the Debtor’s assets are comprised of cash and digital assets, such as cryptocurrencies and non-fungible tokens, that are readily transferable,” the liquidator's lawyers said in court papers, as quoted by Bloomberg.
 
Personal Finance
The euro is near parity with the U.S. dollar: Here’s how travelers can take advantage of the exchange rate
Published Tue, Jul 12
Key Points
  • The euro is bordering on parity with the U.S. dollar. The last time the currencies were equal in value was 2002.
  • Americans traveling to one of the 19 European Union countries that accept the euro are getting a 15% discount on purchases today relative to a year ago due to the exchange rate.
  • There are certain ways travelers can use their debit and credit cards to boost those savings, however.

Euro hits parity with U.S. dollar for the first time in 20 years
The value of the euro relative to the U.S. dollar has sunk near a two-decade low — and that’s good news for Americans traveling to Europe this summer.

A favorable exchange rate means travelers’ dollars will go further when making purchases abroad.

“Right now, your money goes further in Europe than it has in quite a few years, and it’s a great time to have that dream trip you’ve been putting off to Italy, France or Spain,” said Kate McCulley, a travel writer who lives in the Czech Republic and publisher of travel site AdventurousKate.com.
 
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