GBA Presents: RADIO SAVANT-!
- Thread starter stonedinvestor
- Start date
Good Morning. I would like to apologize to Van for being a little gruff yesterday, I was in a negative headspace.
It feels like a counter trend rally is about to start. I would say tomorrow or Thursday should kick it off. I have a hunch the Lizard King may show up and aside from that not much of a clue.
When I flew Delta they announced that the cabin had been sanitized with UV rays-- so that's still going on and with these new variants apt to continue.
Applied UV granted patents for device sterilizing ATM surfaces 08:04 AUVI Applied UV announces that its wholly owned subsidiary SteriLumen has been notified that the US Patent and Trademark Office USPTO has granted the patent pertaining to a system to neutralize pathogens on ATM surfaces. On a daily basis, consumers globally interact with numerous surfaces that need to be touched during normal uses, including ATMs with keyboards and interactive touch screens. As an example, according to the Company's internal research, as of 2018, there were approximately 470,000 ATMs in the U.S. alone. These surfaces are touched daily by an inordinate number of people that can harbor and transfer pathogens highly associated with illnesses and diseases. E.coli, salmonella and Staphylococcus aureus can be found on these commonly used surfaces and can easily spread to those in the general public if untreated; these bacteria and viruses can be transferred easily to cause serious illness. Banks are reducing the threat of litigation risk by incorporating the use of the best science available to protect consumers from contracting serious illnesses due to deadly surface pathogens found on ATMs.
AUVI- $ 2.25
It feels like a counter trend rally is about to start. I would say tomorrow or Thursday should kick it off. I have a hunch the Lizard King may show up and aside from that not much of a clue.
When I flew Delta they announced that the cabin had been sanitized with UV rays-- so that's still going on and with these new variants apt to continue.
Applied UV granted patents for device sterilizing ATM surfaces 08:04 AUVI Applied UV announces that its wholly owned subsidiary SteriLumen has been notified that the US Patent and Trademark Office USPTO has granted the patent pertaining to a system to neutralize pathogens on ATM surfaces. On a daily basis, consumers globally interact with numerous surfaces that need to be touched during normal uses, including ATMs with keyboards and interactive touch screens. As an example, according to the Company's internal research, as of 2018, there were approximately 470,000 ATMs in the U.S. alone. These surfaces are touched daily by an inordinate number of people that can harbor and transfer pathogens highly associated with illnesses and diseases. E.coli, salmonella and Staphylococcus aureus can be found on these commonly used surfaces and can easily spread to those in the general public if untreated; these bacteria and viruses can be transferred easily to cause serious illness. Banks are reducing the threat of litigation risk by incorporating the use of the best science available to protect consumers from contracting serious illnesses due to deadly surface pathogens found on ATMs.
AUVI- $ 2.25
CSX price target lowered to $33 from $39 at JPMorgan 08:04 CSX JPMorgan analyst Brian Ossenbeck lowered the firm's price target on CSX to $33 from $39 and keeps a Neutral rating on the shares. The analyst downgraded Union Pacific (UPX) and Norfolk Southern (NSC) to Neutral and removed Norfolk from the firm's US Analyst Focus List as he takes a below-consensus view of U.S. rail earnings based on "persistently weak operations and lower economic forecasts." The risk/rewards in the sector appear balanced with the stocks de-rating since trading at peak valuation on peak earnings at the end of March, Ossenbeck tells investors in a research note. However, the shares have "stopped short" of pricing in the full impact of a potential freight recession, and consensus earnings estimates actually went up since Q1, notes the analyst. Ossenbeck is "increasingly cautious" on the U.S. rails' ability to hire and retain sufficient labor while they are locked in a contentious union contract negotiation that could stretch into Q4.
Quotient, InfYnity Biomarkers partner to expand MosaiQ infectious disease menu 07:32 QTNT Quotient announced an agreement with InfYnity Biomarkers, under which the two companies will partner to advance the safety and effectiveness of infectious disease testing by leveraging Quotient's MosaiQ solution. Under the collaboration agreement, InfYnity Biomarkers will assist Quotient in the research and design of infectious disease assays to enrich and expand the MosaiQ Serology Disease Screening menu and reduce time and cost of development and commercialization. InfYnity is developing antibodies and antigens suitable for multiplexed infectious disease blood screening, confirmatory testing, determining vaccine efficacy, and monitoring testing that will be evaluated as part of the research collaboration.
QTNT IS YOUR GUMMY OF THE DAY- $.30
Cowen starts Alpha Metallurgical with Outperform on 'significant tailwinds' 07:40 AMR
Alpha Metallurgical initiated with an Outperform at Cowen 06:05 AMR Cowen analyst Lance Vitanza initiated coverage of Alpha Metallurgical with an Outperform rating and $215 price target.
Enovix announces shipment of battery packs 07:38 ENVX Enovix Corporation announced it has shipped battery packs, which include multiple high-energy, 100% active silicon anode cells and electronic power control circuitry. Battery packs offer increased power to devices that require more energy than one battery cell can offer on a single charge, expanding commercial applications of Enovix batteries to more energy-intensive and power-intensive consumer devices. "Many customers throughout the consumer electronics space are looking for complete battery pack solutions to power devices with higher energy density requirements," said Cam Dales, GM and Chief Commercial Officer at Enovix. "Providing next-generation optimized packs brings additional value to our customers, allowing us to offer our game-changing battery to a broader customer base and a wider range of devices." In addition to offering battery packs, Enovix has also expanded its manufacturing partnerships to meet the demands of the global consumer electronics market.
ENVX- $ 8.58
Delta Air Lines price target lowered to $35 from $47 at Susquehanna 07:22 DAL Susquehanna analyst Christopher Stathoulopoulos lowered the firm's price target on Delta Air Lines to $35 from $47 and keeps a Positive rating on the shares. The analyst said going into Q2 earnings he expects commentary from the US carriers to be positive but also believes a a "clearing event" is needed to get the stocks working again; specifically, downward revisions to FY22 and FY23 guidance for capacity and by extension, upward revisions to unit cost outlooks. He believes the updates are more of a fall event.
Check Point added to Best Ideas List at Wedbush 07:13 CHKP Wedbush analyst Daniel Ives added Checkpoint to the firm's Best Ideas List, while maintaining an Outperform rating and $145 price target. Ives expects to see positive trends continue as cyber security demand increases, the analyst tells investors in a research note. The analyst expects growth in Checkpoint and investment across the cyber security space into the rest of 2022/2023 despite the macro fears given the elevated threat levels facing enterprises and governments around the world
CHKP- $125.60
Fortinet added to Best Ideas List at Wedbush 07:11 FTNT Wedbush analyst Daniel Ives added Fortinet to the firm's Best Ideas List, while maintaining an Outperform rating and $76 price target. Ives is bullish on Fortinet's ability to execute on its long-term vision of continuing to capture market as the company is benefiting from strong tailwinds, its proprietary ASIC technology with its ability to package SD-WAN and OT Security with its network security products, the analyst tells investors in a research note.
FTNT- $62.30
Quotient, InfYnity Biomarkers partner to expand MosaiQ infectious disease menu 07:32 QTNT Quotient announced an agreement with InfYnity Biomarkers, under which the two companies will partner to advance the safety and effectiveness of infectious disease testing by leveraging Quotient's MosaiQ solution. Under the collaboration agreement, InfYnity Biomarkers will assist Quotient in the research and design of infectious disease assays to enrich and expand the MosaiQ Serology Disease Screening menu and reduce time and cost of development and commercialization. InfYnity is developing antibodies and antigens suitable for multiplexed infectious disease blood screening, confirmatory testing, determining vaccine efficacy, and monitoring testing that will be evaluated as part of the research collaboration.
QTNT IS YOUR GUMMY OF THE DAY- $.30
- $483,698
- Director of Quotient (QTNT) John Wilkerson purchased 4,666,666 shares of company stock at 30c per share for a total transaction amount of $1,400,000
Cowen starts Alpha Metallurgical with Outperform on 'significant tailwinds' 07:40 AMR
Alpha Metallurgical initiated with an Outperform at Cowen 06:05 AMR Cowen analyst Lance Vitanza initiated coverage of Alpha Metallurgical with an Outperform rating and $215 price target.
Enovix announces shipment of battery packs 07:38 ENVX Enovix Corporation announced it has shipped battery packs, which include multiple high-energy, 100% active silicon anode cells and electronic power control circuitry. Battery packs offer increased power to devices that require more energy than one battery cell can offer on a single charge, expanding commercial applications of Enovix batteries to more energy-intensive and power-intensive consumer devices. "Many customers throughout the consumer electronics space are looking for complete battery pack solutions to power devices with higher energy density requirements," said Cam Dales, GM and Chief Commercial Officer at Enovix. "Providing next-generation optimized packs brings additional value to our customers, allowing us to offer our game-changing battery to a broader customer base and a wider range of devices." In addition to offering battery packs, Enovix has also expanded its manufacturing partnerships to meet the demands of the global consumer electronics market.
ENVX- $ 8.58
Delta Air Lines price target lowered to $35 from $47 at Susquehanna 07:22 DAL Susquehanna analyst Christopher Stathoulopoulos lowered the firm's price target on Delta Air Lines to $35 from $47 and keeps a Positive rating on the shares. The analyst said going into Q2 earnings he expects commentary from the US carriers to be positive but also believes a a "clearing event" is needed to get the stocks working again; specifically, downward revisions to FY22 and FY23 guidance for capacity and by extension, upward revisions to unit cost outlooks. He believes the updates are more of a fall event.
Check Point added to Best Ideas List at Wedbush 07:13 CHKP Wedbush analyst Daniel Ives added Checkpoint to the firm's Best Ideas List, while maintaining an Outperform rating and $145 price target. Ives expects to see positive trends continue as cyber security demand increases, the analyst tells investors in a research note. The analyst expects growth in Checkpoint and investment across the cyber security space into the rest of 2022/2023 despite the macro fears given the elevated threat levels facing enterprises and governments around the world
CHKP- $125.60
Fortinet added to Best Ideas List at Wedbush 07:11 FTNT Wedbush analyst Daniel Ives added Fortinet to the firm's Best Ideas List, while maintaining an Outperform rating and $76 price target. Ives is bullish on Fortinet's ability to execute on its long-term vision of continuing to capture market as the company is benefiting from strong tailwinds, its proprietary ASIC technology with its ability to package SD-WAN and OT Security with its network security products, the analyst tells investors in a research note.
FTNT- $62.30
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Curiosity Ink Media to debut 'The Legion of Forgettable Supervillians' 08:20 GROM Curiosity Ink Media announced The Legion of Forgettable Supervillains, the company's original intellectual property franchise, will make its debut as a graphic novel exclusively in comic bookstores on Wednesday, July 27, prior to its wider release wherever books are sold, beginning Tuesday, August 9th. The first in a series of planned releases, The Legion of Forgettable Supervillains centers around a group of failed superheroes who inadvertently find greater success and acclaim in villainy and is being released by Dynamite Entertainment, Curiosity's publishing partner.
Kura Oncology initiated with an Overweight at Cantor Fitzgerald 07:01 KURA
electroCore sees Q2 revenue over $2.1M, consensus $2M 08:06 ECOR During the second quarter of 2022, the Company expects to recognize revenue of approximately $1,200,000 pursuant to the Department of Veterans Affairs and Department of Defense originating prescriptions for the Company's gammaCore products, compared to $1,260,00 in the first quarter of 2022 and $779,000 or approximately 54% growth over the second quarter of 2021. 106 VA and DoD military treatment facilities purchased gammaCore products through June 30, 2022, as compared to 105 through the first quarter of 2022 and 85 through the second quarter of 2021. Commercial: During the second quarter of 2022, the Company expects to recognize revenue of approximately $465,000 from its commercial channels, dominated by our cash pay initiatives and representing approximately a 68% increase over the first quarter of 2022 and approximately a 347% increase from the second quarter of 2021. Outside of the U.S.: The Company expects to recognize revenue of approximately $466,000 from its business outside of the U.S. for the second quarter ended June 30, 2022, representing approximately a 53% increase from the first quarter of 2022 and approximately a 20% increase from the second quarter of 2021. International revenue includes approximately $50,000 of license fees pursuant to the previously announced agreement with Teijin Limited for commercialization in Japan. Cash Position: The Company ended the second quarter of 2022 with approximately $26.6 million of cash and cash equivalents, compared to $29.9 million as of the end of the first quarter of 2022.
HyreCar narrows Q2 revenue view $10.4M-$10.6M from $10.2M-$10.7M 07:02 HYRE Consensus $10.44M. The company said, "Demand continued to increase compared to the prior quarter despite record high gas prices. The company believes its focus on gig rentals insulated utilization and spurred driver demand amidst increasing inflation and recessionary pressure. Additionally, based on preliminary results, the company expects to report improved gross margin in excess of both first quarter of 2022 and fourth quarter of 2021 results of 31% and 34%, respectively, despite inflationary pressure on claims and repair costs. Operating expenditures are expected to be in line with guidance provided during the first quarter earnings call with a view that the current level will be maintained as a sustainable base in anticipation of accelerated growth. The company expects to issue a series of announcements and updates on new strategic partnerships and financing initiatives to continue driving expansion."
Kura Oncology initiated with an Overweight at Cantor Fitzgerald 07:01 KURA
electroCore sees Q2 revenue over $2.1M, consensus $2M 08:06 ECOR During the second quarter of 2022, the Company expects to recognize revenue of approximately $1,200,000 pursuant to the Department of Veterans Affairs and Department of Defense originating prescriptions for the Company's gammaCore products, compared to $1,260,00 in the first quarter of 2022 and $779,000 or approximately 54% growth over the second quarter of 2021. 106 VA and DoD military treatment facilities purchased gammaCore products through June 30, 2022, as compared to 105 through the first quarter of 2022 and 85 through the second quarter of 2021. Commercial: During the second quarter of 2022, the Company expects to recognize revenue of approximately $465,000 from its commercial channels, dominated by our cash pay initiatives and representing approximately a 68% increase over the first quarter of 2022 and approximately a 347% increase from the second quarter of 2021. Outside of the U.S.: The Company expects to recognize revenue of approximately $466,000 from its business outside of the U.S. for the second quarter ended June 30, 2022, representing approximately a 53% increase from the first quarter of 2022 and approximately a 20% increase from the second quarter of 2021. International revenue includes approximately $50,000 of license fees pursuant to the previously announced agreement with Teijin Limited for commercialization in Japan. Cash Position: The Company ended the second quarter of 2022 with approximately $26.6 million of cash and cash equivalents, compared to $29.9 million as of the end of the first quarter of 2022.
HyreCar narrows Q2 revenue view $10.4M-$10.6M from $10.2M-$10.7M 07:02 HYRE Consensus $10.44M. The company said, "Demand continued to increase compared to the prior quarter despite record high gas prices. The company believes its focus on gig rentals insulated utilization and spurred driver demand amidst increasing inflation and recessionary pressure. Additionally, based on preliminary results, the company expects to report improved gross margin in excess of both first quarter of 2022 and fourth quarter of 2021 results of 31% and 34%, respectively, despite inflationary pressure on claims and repair costs. Operating expenditures are expected to be in line with guidance provided during the first quarter earnings call with a view that the current level will be maintained as a sustainable base in anticipation of accelerated growth. The company expects to issue a series of announcements and updates on new strategic partnerships and financing initiatives to continue driving expansion."
Thor Industries announces strategic investment in Dragonfly Energy 06:33 THO, CNTQ THOR Industries (THO) announced that it has made a strategic investment in Dragonfly Energy, a deep cycle lithium-ion battery producer to the RV industry. In May Dragonfly entered into a merger agreement for a business combination transaction with Chardan NexTech Acquisition 2 (CNTQ). THOR's equity investment has been completed and is being made ahead of Dragonfly's previously announced business combination with Chardan NexTech Acquisition 2. Funding of the business combination includes a $75M senior secured term loan for which Energy Impact Partners is lead arranger, a $5M equity investment from Chardan NexTech Investments 2, and a $150M Chardan Equity Facility from Chardan, an affiliate of CNTQ's sponsor.
Ping Identity price target lowered to $26 from $30 at Barclays 06:25 PING Barclays analyst Saket Kalia lowered the firm's price target on Ping Identity to $26 from $30 and keeps an Overweight rating on the shares into the Q2 results.
Braze initiated with a Buy at UBS 05:57 BRZE UBS analyst Taylor McGinnis initiated coverage of Braze with a Buy rating and $53 price target. The company trades in-line with peers growing in the low-30%s, but it can grow in the mid-30%s in 2023 and maintain 30%-plus going forward, McGinnis tells investors in a research note. The analyst says Braze's revenue growth has outpaced its monthly active user growth
Ping Identity price target lowered to $26 from $30 at Barclays 06:25 PING Barclays analyst Saket Kalia lowered the firm's price target on Ping Identity to $26 from $30 and keeps an Overweight rating on the shares into the Q2 results.
Braze initiated with a Buy at UBS 05:57 BRZE UBS analyst Taylor McGinnis initiated coverage of Braze with a Buy rating and $53 price target. The company trades in-line with peers growing in the low-30%s, but it can grow in the mid-30%s in 2023 and maintain 30%-plus going forward, McGinnis tells investors in a research note. The analyst says Braze's revenue growth has outpaced its monthly active user growth
Shell upgraded to Buy from Hold at ING Bank 05:42 SHEL ING Bank analyst Quirijn…
This is the name I have been watching most in the oil space pull in.
This is the name I have been watching most in the oil space pull in.
Cathie Wood's ARK Investment bought 604K shares of Butterfly Network today 20:06 BFLY
U.S. box office sales rising closer to pre-pandemic levels, CNBC reports 17:55 DIS, PARA, PARAA, CMCSA, CMCSK, WBD, AMC, CNK, IMAX Audiences in the U.S. appear to be returning to movie theaters in droves, with theater operators saying customers are opting for pricier tickets and spending more on concessions, CNBC's Sarah Whitten reports. Over the past weekend, Disney's (DIS) "Thor: Love and Thunder" opened to nearly $145M in ticket sales, with the domestic box office raking in around $240M also with the help of Paramount's (PARA) "Top Gun: Maverick," Universal's (CMCSA) "Minions: The Rise of Gru" and "Jurassic World: Dominion," Pixar's "Lightyear," and Warner Bros.' (WBD) "Elvis," the author notes. That $240M figure is well above the $185M weekend gross for the same period in 2019, a weekend whose top box office recipients included "Spider-Man: Far From Home" and "Toy Story 4," the author says. Companies in the theater operator space include AMC Entertainment (AMC), Cinemark (CNK), and Imax (IMAX). Reference Link
Aerojet Rocketdyne names Thomas Corcoran independent chairman of the board 16:57 AJRD According to a regulatory filing, on July 8, 2022, the Board of Directors of Aerojet Rocketdyne Holdings, Inc. appointed Thomas A. Corcoran to serve as independent Chairman of the Board, effective immediately. The Board also appointed Gail Baker to serve as Chairman of the Corporate Governance & Nominating Committee, with Maj. Gen. Charles F. Bolden and Deborah Lee James serving as members; General Kevin P. Chilton to serve as Chairman of the Organization & Compensation Committee, with Marion C. Blakey and General Lance W. Lord serving as members; and General Lance W. Lord to serve as Chairman of the Audit Committee, with Gail Baker and General Kevin P. Chilton serving as members, effective immediately.
U.S. box office sales rising closer to pre-pandemic levels, CNBC reports 17:55 DIS, PARA, PARAA, CMCSA, CMCSK, WBD, AMC, CNK, IMAX Audiences in the U.S. appear to be returning to movie theaters in droves, with theater operators saying customers are opting for pricier tickets and spending more on concessions, CNBC's Sarah Whitten reports. Over the past weekend, Disney's (DIS) "Thor: Love and Thunder" opened to nearly $145M in ticket sales, with the domestic box office raking in around $240M also with the help of Paramount's (PARA) "Top Gun: Maverick," Universal's (CMCSA) "Minions: The Rise of Gru" and "Jurassic World: Dominion," Pixar's "Lightyear," and Warner Bros.' (WBD) "Elvis," the author notes. That $240M figure is well above the $185M weekend gross for the same period in 2019, a weekend whose top box office recipients included "Spider-Man: Far From Home" and "Toy Story 4," the author says. Companies in the theater operator space include AMC Entertainment (AMC), Cinemark (CNK), and Imax (IMAX). Reference Link
Aerojet Rocketdyne names Thomas Corcoran independent chairman of the board 16:57 AJRD According to a regulatory filing, on July 8, 2022, the Board of Directors of Aerojet Rocketdyne Holdings, Inc. appointed Thomas A. Corcoran to serve as independent Chairman of the Board, effective immediately. The Board also appointed Gail Baker to serve as Chairman of the Corporate Governance & Nominating Committee, with Maj. Gen. Charles F. Bolden and Deborah Lee James serving as members; General Kevin P. Chilton to serve as Chairman of the Organization & Compensation Committee, with Marion C. Blakey and General Lance W. Lord serving as members; and General Lance W. Lord to serve as Chairman of the Audit Committee, with Gail Baker and General Kevin P. Chilton serving as members, effective immediately.
What about BP?
Remember a few months back we talked about how they didn't enjoy the big run in energy stocks because they were so heavily into green?
Hey yesterday you asked where's the old Van and you quoted one of my posts on Ollies... Stoney its because oftentimes I do all this work, write it all out at 6AM, and you check in for the 8AM to 10AM Stoney blitz.... and you never even acknowledge the post. Let alone discuss it. You get so absorbed in posting all your daily stuff, it just gets buried. I still do the work, I just don't do all the typing to post it. Thats all.
A butterfly and the dragonfly flew into a bar and sat down....
The bartender says "what can I do ya for?"
(i'll work on the punchline later)