2022.02.01 02:04 onlychans BlackGoldNode
2016.04.06 15:59 Drigr Black Desert Online Subreddit
2023.06.08 01:45 tttoughpuppp MCT on my 13yr old Epileptic dogs shoulder.
2023.06.07 15:17 MightBeneficial3302 Enterprise Group (TSX: E, OTCQB : ETOLF) Earnings Exceeded Expectations And More to Come
![]() | When you finish reading this article, you may well kick yourself. The good news is that the Enterprise Group, Inc. (TSX: E) (OTCQB: ETOLF) growth is just getting started. While hindsight is 20/20, the future looks very bright for this consolidator of energy services (including specialized equipment rental to the energy/resource sector), including one of the first companies to build and release systems and plans to drastically lower GHG emissions of resource companies. (Opened in Apr 2022). submitted by MightBeneficial3302 to PennyHaven [link] [comments] https://preview.redd.it/me1yrccxhl4b1.jpg?width=1024&format=pjpg&auto=webp&s=b007813063481fc0339adb9bfa41a6e8006ce144 Cool as that is, it isn’t the good part the graph below shows the price growth of Enterprise (orange line on the graph below) over the last two years against all the major indices (group like a rainbow at the bottom). If you bought the shares a couple of years ago, congrats. The second-best time is today. I will give you the most up-to-date info and stats. If you don’t come out with a positive attitude about the shares, I can’t help you. I will list the salient reasons why a little (or a lot) of the Company should be in your portfolio. Over and above the fact it smoked the major US Indices. These points will be in some order, but all are powerful forces to grow the Company.
For more context of most recent earnings (and for those more visual investors among us) announcement’s power, comparing Q1 2023 to FY 2022 is productive. https://preview.redd.it/k83j8uptil4b1.png?width=2048&format=png&auto=webp&s=e6856483596f84d69ba652d2a97753b977045bce FY2022 Numbers Revenue: CA$26.9m (up 44% from FY 2021). Net income: CA$2.28m (up from CA$2.38m loss in FY 2021). Net Profit margin: 8.5% (up from a net loss in FY 2021). The move to profitability was driven by higher revenue. EPS: CA$0.05 (up from CA$0.049 loss in FY 2021). Factors That Will Drive Future Growth. A Lot.
When shareholders and investors dive into the Company’s advances, they will note the following.
Research Assets Fundamental Research states that the Company blew through its previous estimates, raising its fair value from CDN1.02 to CDN1.12. The latest Corporate Presentation is here Latest Podcast Enterprise Group Inc.’s Desmond O’Kell lays out the company’s successful business model in the Company’s most recent podcast. YouTube Channel It’s YouTube. After reading all the foregoing facts, if you aren’t moved to pick up some shares, as I said at the outset, I can’t help you. |
2023.06.07 13:24 bigbear0083 (6/7) Wednesday's Pre-Market Stock Movers & News
Stocks futures slipped Wednesday after the S&P 500 notched its highest closing level of 2023.
Futures tied to the Dow Jones Industrial Average dipped 38 points, or 0.1%. S&P 500 futures and Nasdaq-100 futures were down 0.1% each.
The tail-end of earnings season pressed on with results from Dave & Buster’s and Stitch Fix. Dave & Buster’s gained about 3%, while Stitch Fix added 5%.
Stocks edged higher during Tuesday’s session. The broad index added 0.24% to finish at its highest level since August 2022, while the Nasdaq Composite rose 0.36% to end at its highest close in 2023. The Dow Jones Industrial Average ticked 10.42 points higher, or 0.03%, pressured by health stocks Merck and UnitedHealth.
Seven major S&P sectors finished Tuesday’s session with gains. The financial sector added 1.3%, boosted by regional banking stocks and bellwethers like Goldman Sachs and Morgan Stanley.
Tuesday’s uptrend trailed last week’s blowout rally. However, continued modest gains instead of sharp pullbacks after a major upswing could signal more good news ahead, said Adam Sarhan, CEO of 50 Park Investments.
“The fact that it refuses to fall to me is extremely bullish,” he said. “Normally, after a big run up, you see a market pullback, and when the market doesn’t pull back and goes sideways, that to me is very bullish.”
A light period for economic data continues ahead of next week’s Federal Reserve policy meeting, with trade balance data due out before the bell Wednesday. Earnings from Campbell Soup and GameStop are also on deck.
Tesla — Shares of the electric vehicle maker added more than 3% in premarket trading after an update on the company’s website showed that new Model 3 and Model Y cars are eligible for a $7,500 tax credit from the Inflation Reduction Act.
STOCK SYMBOL: TSLA
(CLICK HERE FOR LIVE STOCK QUOTE!)
Netflix — The streaming giant climbed 3.1% after JPMorgan increased its price target on the stock, citing the company’s effort to limit password sharing on its platform. The said the move could fuel revenue growth, JPMorgan said.
STOCK SYMBOL: NFLX
(CLICK HERE FOR LIVE STOCK QUOTE!)
Stitch Fix — Shares jumped more than 7% after the company’s fiscal third-quarter revenue and adjusted EBITDA earnings came above expectations. The company mentioned it focused on “improving efficiencies, maintaining profitability and cash flow” during the third quarter.
STOCK SYMBOL: SFIX
(CLICK HERE FOR LIVE STOCK QUOTE!)
GameStop — The meme stock added 2.4% premarket ahead of quarterly results on Wednesday. Analysts polled by FactSet are forecasting a quarterly loss of an adjusted 15 cents per share.
STOCK SYMBOL: GME
(CLICK HERE FOR LIVE STOCK QUOTE!)
Petrobras — The Brazilian oil giant rose 2% in premarket trading after Morgan Stanley upgraded the stock to overweight from equal weight. The bank said Petrobras could deliver a larger dividend to investors this year than it has historically.
STOCK SYMBOL: PBR
(CLICK HERE FOR LIVE STOCK QUOTE!)
Coinbase — The crypto exchange climbed about 2% in premarket following a 12% selloff the day before. The SEC sued Coinbase on Tuesday, alleging the company was operating as an unregistered exchange and broker. Ark Invest’s Cathie Wood bought the dip in Coinbase.
STOCK SYMBOL: COIN
(CLICK HERE FOR LIVE STOCK QUOTE!)
NovoCure — The oncology company added 3.2% before the opening bell. The company just wrapped up a presentation of key data from a study linked to a treatment for lung cancer at the 2023 American Society of Clinical Oncology Annual Meeting which reached its “primary endpoint.”
STOCK SYMBOL: NVCR
(CLICK HERE FOR LIVE STOCK QUOTE!)
Yext — The online marketing firm soared more than 17% in premarket trading on better-than-expected quarterly results. Yext earned an adjusted 8 cents per share in the first quarter on revenue of $99.5 million. Analysts expected a profit of 5 cents per share on revenue of $98.5 million, according to StreetAccount.
STOCK SYMBOL: YEXT
(CLICK HERE FOR LIVE STOCK QUOTE!)
bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk. bigbear0083 is an admin at the financial forums StonkForums.com where this content was originally posted.
Join the Official Reddit Stock Market Chat Discord Server HERE!
2023.06.07 13:23 bigbear0083 (6/7) Wednesday's Pre-Market Stock Movers & News
Stocks futures slipped Wednesday after the S&P 500 notched its highest closing level of 2023.
Futures tied to the Dow Jones Industrial Average dipped 38 points, or 0.1%. S&P 500 futures and Nasdaq-100 futures were down 0.1% each.
The tail-end of earnings season pressed on with results from Dave & Buster’s and Stitch Fix. Dave & Buster’s gained about 3%, while Stitch Fix added 5%.
Stocks edged higher during Tuesday’s session. The broad index added 0.24% to finish at its highest level since August 2022, while the Nasdaq Composite rose 0.36% to end at its highest close in 2023. The Dow Jones Industrial Average ticked 10.42 points higher, or 0.03%, pressured by health stocks Merck and UnitedHealth.
Seven major S&P sectors finished Tuesday’s session with gains. The financial sector added 1.3%, boosted by regional banking stocks and bellwethers like Goldman Sachs and Morgan Stanley.
Tuesday’s uptrend trailed last week’s blowout rally. However, continued modest gains instead of sharp pullbacks after a major upswing could signal more good news ahead, said Adam Sarhan, CEO of 50 Park Investments.
“The fact that it refuses to fall to me is extremely bullish,” he said. “Normally, after a big run up, you see a market pullback, and when the market doesn’t pull back and goes sideways, that to me is very bullish.”
A light period for economic data continues ahead of next week’s Federal Reserve policy meeting, with trade balance data due out before the bell Wednesday. Earnings from Campbell Soup and GameStop are also on deck.
Tesla — Shares of the electric vehicle maker added more than 3% in premarket trading after an update on the company’s website showed that new Model 3 and Model Y cars are eligible for a $7,500 tax credit from the Inflation Reduction Act.
STOCK SYMBOL: TSLA
(CLICK HERE FOR LIVE STOCK QUOTE!)
Netflix — The streaming giant climbed 3.1% after JPMorgan increased its price target on the stock, citing the company’s effort to limit password sharing on its platform. The said the move could fuel revenue growth, JPMorgan said.
STOCK SYMBOL: NFLX
(CLICK HERE FOR LIVE STOCK QUOTE!)
Stitch Fix — Shares jumped more than 7% after the company’s fiscal third-quarter revenue and adjusted EBITDA earnings came above expectations. The company mentioned it focused on “improving efficiencies, maintaining profitability and cash flow” during the third quarter.
STOCK SYMBOL: SFIX
(CLICK HERE FOR LIVE STOCK QUOTE!)
GameStop — The meme stock added 2.4% premarket ahead of quarterly results on Wednesday. Analysts polled by FactSet are forecasting a quarterly loss of an adjusted 15 cents per share.
STOCK SYMBOL: GME
(CLICK HERE FOR LIVE STOCK QUOTE!)
Petrobras — The Brazilian oil giant rose 2% in premarket trading after Morgan Stanley upgraded the stock to overweight from equal weight. The bank said Petrobras could deliver a larger dividend to investors this year than it has historically.
STOCK SYMBOL: PBR
(CLICK HERE FOR LIVE STOCK QUOTE!)
Coinbase — The crypto exchange climbed about 2% in premarket following a 12% selloff the day before. The SEC sued Coinbase on Tuesday, alleging the company was operating as an unregistered exchange and broker. Ark Invest’s Cathie Wood bought the dip in Coinbase.
STOCK SYMBOL: COIN
(CLICK HERE FOR LIVE STOCK QUOTE!)
NovoCure — The oncology company added 3.2% before the opening bell. The company just wrapped up a presentation of key data from a study linked to a treatment for lung cancer at the 2023 American Society of Clinical Oncology Annual Meeting which reached its “primary endpoint.”
STOCK SYMBOL: NVCR
(CLICK HERE FOR LIVE STOCK QUOTE!)
Yext — The online marketing firm soared more than 17% in premarket trading on better-than-expected quarterly results. Yext earned an adjusted 8 cents per share in the first quarter on revenue of $99.5 million. Analysts expected a profit of 5 cents per share on revenue of $98.5 million, according to StreetAccount.
STOCK SYMBOL: YEXT
(CLICK HERE FOR LIVE STOCK QUOTE!)
bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk. bigbear0083 is an admin at the financial forums StonkForums.com where this content was originally posted.
Join the Official Reddit Stock Market Chat Discord Server HERE!
2023.06.07 13:22 bigbear0083 (6/7) Wednesday's Pre-Market Stock Movers & News
Stocks futures slipped Wednesday after the S&P 500 notched its highest closing level of 2023.
Futures tied to the Dow Jones Industrial Average dipped 38 points, or 0.1%. S&P 500 futures and Nasdaq-100 futures were down 0.1% each.
The tail-end of earnings season pressed on with results from Dave & Buster’s and Stitch Fix. Dave & Buster’s gained about 3%, while Stitch Fix added 5%.
Stocks edged higher during Tuesday’s session. The broad index added 0.24% to finish at its highest level since August 2022, while the Nasdaq Composite rose 0.36% to end at its highest close in 2023. The Dow Jones Industrial Average ticked 10.42 points higher, or 0.03%, pressured by health stocks Merck and UnitedHealth.
Seven major S&P sectors finished Tuesday’s session with gains. The financial sector added 1.3%, boosted by regional banking stocks and bellwethers like Goldman Sachs and Morgan Stanley.
Tuesday’s uptrend trailed last week’s blowout rally. However, continued modest gains instead of sharp pullbacks after a major upswing could signal more good news ahead, said Adam Sarhan, CEO of 50 Park Investments.
“The fact that it refuses to fall to me is extremely bullish,” he said. “Normally, after a big run up, you see a market pullback, and when the market doesn’t pull back and goes sideways, that to me is very bullish.”
A light period for economic data continues ahead of next week’s Federal Reserve policy meeting, with trade balance data due out before the bell Wednesday. Earnings from Campbell Soup and GameStop are also on deck.
Tesla — Shares of the electric vehicle maker added more than 3% in premarket trading after an update on the company’s website showed that new Model 3 and Model Y cars are eligible for a $7,500 tax credit from the Inflation Reduction Act.
STOCK SYMBOL: TSLA
(CLICK HERE FOR LIVE STOCK QUOTE!)
Netflix — The streaming giant climbed 3.1% after JPMorgan increased its price target on the stock, citing the company’s effort to limit password sharing on its platform. The said the move could fuel revenue growth, JPMorgan said.
STOCK SYMBOL: NFLX
(CLICK HERE FOR LIVE STOCK QUOTE!)
Stitch Fix — Shares jumped more than 7% after the company’s fiscal third-quarter revenue and adjusted EBITDA earnings came above expectations. The company mentioned it focused on “improving efficiencies, maintaining profitability and cash flow” during the third quarter.
STOCK SYMBOL: SFIX
(CLICK HERE FOR LIVE STOCK QUOTE!)
GameStop — The meme stock added 2.4% premarket ahead of quarterly results on Wednesday. Analysts polled by FactSet are forecasting a quarterly loss of an adjusted 15 cents per share.
STOCK SYMBOL: GME
(CLICK HERE FOR LIVE STOCK QUOTE!)
Petrobras — The Brazilian oil giant rose 2% in premarket trading after Morgan Stanley upgraded the stock to overweight from equal weight. The bank said Petrobras could deliver a larger dividend to investors this year than it has historically.
STOCK SYMBOL: PBR
(CLICK HERE FOR LIVE STOCK QUOTE!)
Coinbase — The crypto exchange climbed about 2% in premarket following a 12% selloff the day before. The SEC sued Coinbase on Tuesday, alleging the company was operating as an unregistered exchange and broker. Ark Invest’s Cathie Wood bought the dip in Coinbase.
STOCK SYMBOL: COIN
(CLICK HERE FOR LIVE STOCK QUOTE!)
NovoCure — The oncology company added 3.2% before the opening bell. The company just wrapped up a presentation of key data from a study linked to a treatment for lung cancer at the 2023 American Society of Clinical Oncology Annual Meeting which reached its “primary endpoint.”
STOCK SYMBOL: NVCR
(CLICK HERE FOR LIVE STOCK QUOTE!)
Yext — The online marketing firm soared more than 17% in premarket trading on better-than-expected quarterly results. Yext earned an adjusted 8 cents per share in the first quarter on revenue of $99.5 million. Analysts expected a profit of 5 cents per share on revenue of $98.5 million, according to StreetAccount.
STOCK SYMBOL: YEXT
(CLICK HERE FOR LIVE STOCK QUOTE!)
bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk. bigbear0083 is an admin at the financial forums StonkForums.com where this content was originally posted.
Join the Official Reddit Stock Market Chat Discord Server HERE!
2023.06.07 13:21 bigbear0083 (6/7) Wednesday's Pre-Market Stock Movers & News
Stocks futures slipped Wednesday after the S&P 500 notched its highest closing level of 2023.
Futures tied to the Dow Jones Industrial Average dipped 38 points, or 0.1%. S&P 500 futures and Nasdaq-100 futures were down 0.1% each.
The tail-end of earnings season pressed on with results from Dave & Buster’s and Stitch Fix. Dave & Buster’s gained about 3%, while Stitch Fix added 5%.
Stocks edged higher during Tuesday’s session. The broad index added 0.24% to finish at its highest level since August 2022, while the Nasdaq Composite rose 0.36% to end at its highest close in 2023. The Dow Jones Industrial Average ticked 10.42 points higher, or 0.03%, pressured by health stocks Merck and UnitedHealth.
Seven major S&P sectors finished Tuesday’s session with gains. The financial sector added 1.3%, boosted by regional banking stocks and bellwethers like Goldman Sachs and Morgan Stanley.
Tuesday’s uptrend trailed last week’s blowout rally. However, continued modest gains instead of sharp pullbacks after a major upswing could signal more good news ahead, said Adam Sarhan, CEO of 50 Park Investments.
“The fact that it refuses to fall to me is extremely bullish,” he said. “Normally, after a big run up, you see a market pullback, and when the market doesn’t pull back and goes sideways, that to me is very bullish.”
A light period for economic data continues ahead of next week’s Federal Reserve policy meeting, with trade balance data due out before the bell Wednesday. Earnings from Campbell Soup and GameStop are also on deck.
Tesla — Shares of the electric vehicle maker added more than 3% in premarket trading after an update on the company’s website showed that new Model 3 and Model Y cars are eligible for a $7,500 tax credit from the Inflation Reduction Act.
STOCK SYMBOL: TSLA
(CLICK HERE FOR LIVE STOCK QUOTE!)
Netflix — The streaming giant climbed 3.1% after JPMorgan increased its price target on the stock, citing the company’s effort to limit password sharing on its platform. The said the move could fuel revenue growth, JPMorgan said.
STOCK SYMBOL: NFLX
(CLICK HERE FOR LIVE STOCK QUOTE!)
Stitch Fix — Shares jumped more than 7% after the company’s fiscal third-quarter revenue and adjusted EBITDA earnings came above expectations. The company mentioned it focused on “improving efficiencies, maintaining profitability and cash flow” during the third quarter.
STOCK SYMBOL: SFIX
(CLICK HERE FOR LIVE STOCK QUOTE!)
GameStop — The meme stock added 2.4% premarket ahead of quarterly results on Wednesday. Analysts polled by FactSet are forecasting a quarterly loss of an adjusted 15 cents per share.
STOCK SYMBOL: GME
(CLICK HERE FOR LIVE STOCK QUOTE!)
Petrobras — The Brazilian oil giant rose 2% in premarket trading after Morgan Stanley upgraded the stock to overweight from equal weight. The bank said Petrobras could deliver a larger dividend to investors this year than it has historically.
STOCK SYMBOL: PBR
(CLICK HERE FOR LIVE STOCK QUOTE!)
Coinbase — The crypto exchange climbed about 2% in premarket following a 12% selloff the day before. The SEC sued Coinbase on Tuesday, alleging the company was operating as an unregistered exchange and broker. Ark Invest’s Cathie Wood bought the dip in Coinbase.
STOCK SYMBOL: COIN
(CLICK HERE FOR LIVE STOCK QUOTE!)
NovoCure — The oncology company added 3.2% before the opening bell. The company just wrapped up a presentation of key data from a study linked to a treatment for lung cancer at the 2023 American Society of Clinical Oncology Annual Meeting which reached its “primary endpoint.”
STOCK SYMBOL: NVCR
(CLICK HERE FOR LIVE STOCK QUOTE!)
Yext — The online marketing firm soared more than 17% in premarket trading on better-than-expected quarterly results. Yext earned an adjusted 8 cents per share in the first quarter on revenue of $99.5 million. Analysts expected a profit of 5 cents per share on revenue of $98.5 million, according to StreetAccount.
STOCK SYMBOL: YEXT
(CLICK HERE FOR LIVE STOCK QUOTE!)
bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk. bigbear0083 is an admin at the financial forums StonkForums.com where this content was originally posted.
Join the Official Reddit Stock Market Chat Discord Server HERE!
2023.06.07 13:20 bigbear0083 (6/7) Wednesday's Pre-Market Stock Movers & News
Stocks futures slipped Wednesday after the S&P 500 notched its highest closing level of 2023.
Futures tied to the Dow Jones Industrial Average dipped 38 points, or 0.1%. S&P 500 futures and Nasdaq-100 futures were down 0.1% each.
The tail-end of earnings season pressed on with results from Dave & Buster’s and Stitch Fix. Dave & Buster’s gained about 3%, while Stitch Fix added 5%.
Stocks edged higher during Tuesday’s session. The broad index added 0.24% to finish at its highest level since August 2022, while the Nasdaq Composite rose 0.36% to end at its highest close in 2023. The Dow Jones Industrial Average ticked 10.42 points higher, or 0.03%, pressured by health stocks Merck and UnitedHealth.
Seven major S&P sectors finished Tuesday’s session with gains. The financial sector added 1.3%, boosted by regional banking stocks and bellwethers like Goldman Sachs and Morgan Stanley.
Tuesday’s uptrend trailed last week’s blowout rally. However, continued modest gains instead of sharp pullbacks after a major upswing could signal more good news ahead, said Adam Sarhan, CEO of 50 Park Investments.
“The fact that it refuses to fall to me is extremely bullish,” he said. “Normally, after a big run up, you see a market pullback, and when the market doesn’t pull back and goes sideways, that to me is very bullish.”
A light period for economic data continues ahead of next week’s Federal Reserve policy meeting, with trade balance data due out before the bell Wednesday. Earnings from Campbell Soup and GameStop are also on deck.
Tesla — Shares of the electric vehicle maker added more than 3% in premarket trading after an update on the company’s website showed that new Model 3 and Model Y cars are eligible for a $7,500 tax credit from the Inflation Reduction Act.
STOCK SYMBOL: TSLA
(CLICK HERE FOR LIVE STOCK QUOTE!)
Netflix — The streaming giant climbed 3.1% after JPMorgan increased its price target on the stock, citing the company’s effort to limit password sharing on its platform. The said the move could fuel revenue growth, JPMorgan said.
STOCK SYMBOL: NFLX
(CLICK HERE FOR LIVE STOCK QUOTE!)
Stitch Fix — Shares jumped more than 7% after the company’s fiscal third-quarter revenue and adjusted EBITDA earnings came above expectations. The company mentioned it focused on “improving efficiencies, maintaining profitability and cash flow” during the third quarter.
STOCK SYMBOL: SFIX
(CLICK HERE FOR LIVE STOCK QUOTE!)
GameStop — The meme stock added 2.4% premarket ahead of quarterly results on Wednesday. Analysts polled by FactSet are forecasting a quarterly loss of an adjusted 15 cents per share.
STOCK SYMBOL: GME
(CLICK HERE FOR LIVE STOCK QUOTE!)
Petrobras — The Brazilian oil giant rose 2% in premarket trading after Morgan Stanley upgraded the stock to overweight from equal weight. The bank said Petrobras could deliver a larger dividend to investors this year than it has historically.
STOCK SYMBOL: PBR
(CLICK HERE FOR LIVE STOCK QUOTE!)
Coinbase — The crypto exchange climbed about 2% in premarket following a 12% selloff the day before. The SEC sued Coinbase on Tuesday, alleging the company was operating as an unregistered exchange and broker. Ark Invest’s Cathie Wood bought the dip in Coinbase.
STOCK SYMBOL: COIN
(CLICK HERE FOR LIVE STOCK QUOTE!)
NovoCure — The oncology company added 3.2% before the opening bell. The company just wrapped up a presentation of key data from a study linked to a treatment for lung cancer at the 2023 American Society of Clinical Oncology Annual Meeting which reached its “primary endpoint.”
STOCK SYMBOL: NVCR
(CLICK HERE FOR LIVE STOCK QUOTE!)
Yext — The online marketing firm soared more than 17% in premarket trading on better-than-expected quarterly results. Yext earned an adjusted 8 cents per share in the first quarter on revenue of $99.5 million. Analysts expected a profit of 5 cents per share on revenue of $98.5 million, according to StreetAccount.
STOCK SYMBOL: YEXT
(CLICK HERE FOR LIVE STOCK QUOTE!)
bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk. bigbear0083 is an admin at the financial forums StonkForums.com where this content was originally posted.
Join the Official Reddit Stock Market Chat Discord Server HERE!
2023.06.07 13:19 bigbear0083 (6/7) Wednesday's Pre-Market Stock Movers & News
Stocks futures slipped Wednesday after the S&P 500 notched its highest closing level of 2023.
Futures tied to the Dow Jones Industrial Average dipped 38 points, or 0.1%. S&P 500 futures and Nasdaq-100 futures were down 0.1% each.
The tail-end of earnings season pressed on with results from Dave & Buster’s and Stitch Fix. Dave & Buster’s gained about 3%, while Stitch Fix added 5%.
Stocks edged higher during Tuesday’s session. The broad index added 0.24% to finish at its highest level since August 2022, while the Nasdaq Composite rose 0.36% to end at its highest close in 2023. The Dow Jones Industrial Average ticked 10.42 points higher, or 0.03%, pressured by health stocks Merck and UnitedHealth.
Seven major S&P sectors finished Tuesday’s session with gains. The financial sector added 1.3%, boosted by regional banking stocks and bellwethers like Goldman Sachs and Morgan Stanley.
Tuesday’s uptrend trailed last week’s blowout rally. However, continued modest gains instead of sharp pullbacks after a major upswing could signal more good news ahead, said Adam Sarhan, CEO of 50 Park Investments.
“The fact that it refuses to fall to me is extremely bullish,” he said. “Normally, after a big run up, you see a market pullback, and when the market doesn’t pull back and goes sideways, that to me is very bullish.”
A light period for economic data continues ahead of next week’s Federal Reserve policy meeting, with trade balance data due out before the bell Wednesday. Earnings from Campbell Soup and GameStop are also on deck.
Tesla — Shares of the electric vehicle maker added more than 3% in premarket trading after an update on the company’s website showed that new Model 3 and Model Y cars are eligible for a $7,500 tax credit from the Inflation Reduction Act.
STOCK SYMBOL: TSLA
(CLICK HERE FOR LIVE STOCK QUOTE!)
Netflix — The streaming giant climbed 3.1% after JPMorgan increased its price target on the stock, citing the company’s effort to limit password sharing on its platform. The said the move could fuel revenue growth, JPMorgan said.
STOCK SYMBOL: NFLX
(CLICK HERE FOR LIVE STOCK QUOTE!)
Stitch Fix — Shares jumped more than 7% after the company’s fiscal third-quarter revenue and adjusted EBITDA earnings came above expectations. The company mentioned it focused on “improving efficiencies, maintaining profitability and cash flow” during the third quarter.
STOCK SYMBOL: SFIX
(CLICK HERE FOR LIVE STOCK QUOTE!)
GameStop — The meme stock added 2.4% premarket ahead of quarterly results on Wednesday. Analysts polled by FactSet are forecasting a quarterly loss of an adjusted 15 cents per share.
STOCK SYMBOL: GME
(CLICK HERE FOR LIVE STOCK QUOTE!)
Petrobras — The Brazilian oil giant rose 2% in premarket trading after Morgan Stanley upgraded the stock to overweight from equal weight. The bank said Petrobras could deliver a larger dividend to investors this year than it has historically.
STOCK SYMBOL: PBR
(CLICK HERE FOR LIVE STOCK QUOTE!)
Coinbase — The crypto exchange climbed about 2% in premarket following a 12% selloff the day before. The SEC sued Coinbase on Tuesday, alleging the company was operating as an unregistered exchange and broker. Ark Invest’s Cathie Wood bought the dip in Coinbase.
STOCK SYMBOL: COIN
(CLICK HERE FOR LIVE STOCK QUOTE!)
NovoCure — The oncology company added 3.2% before the opening bell. The company just wrapped up a presentation of key data from a study linked to a treatment for lung cancer at the 2023 American Society of Clinical Oncology Annual Meeting which reached its “primary endpoint.”
STOCK SYMBOL: NVCR
(CLICK HERE FOR LIVE STOCK QUOTE!)
Yext — The online marketing firm soared more than 17% in premarket trading on better-than-expected quarterly results. Yext earned an adjusted 8 cents per share in the first quarter on revenue of $99.5 million. Analysts expected a profit of 5 cents per share on revenue of $98.5 million, according to StreetAccount.
STOCK SYMBOL: YEXT
(CLICK HERE FOR LIVE STOCK QUOTE!)
bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk. bigbear0083 is an admin at the financial forums StonkForums.com where this content was originally posted.
Join the Official Reddit Stock Market Chat Discord Server HERE!
2023.06.07 13:19 bigbear0083 (6/7) Wednesday's Pre-Market Stock Movers & News
Stocks futures slipped Wednesday after the S&P 500 notched its highest closing level of 2023.
Futures tied to the Dow Jones Industrial Average dipped 38 points, or 0.1%. S&P 500 futures and Nasdaq-100 futures were down 0.1% each.
The tail-end of earnings season pressed on with results from Dave & Buster’s and Stitch Fix. Dave & Buster’s gained about 3%, while Stitch Fix added 5%.
Stocks edged higher during Tuesday’s session. The broad index added 0.24% to finish at its highest level since August 2022, while the Nasdaq Composite rose 0.36% to end at its highest close in 2023. The Dow Jones Industrial Average ticked 10.42 points higher, or 0.03%, pressured by health stocks Merck and UnitedHealth.
Seven major S&P sectors finished Tuesday’s session with gains. The financial sector added 1.3%, boosted by regional banking stocks and bellwethers like Goldman Sachs and Morgan Stanley.
Tuesday’s uptrend trailed last week’s blowout rally. However, continued modest gains instead of sharp pullbacks after a major upswing could signal more good news ahead, said Adam Sarhan, CEO of 50 Park Investments.
“The fact that it refuses to fall to me is extremely bullish,” he said. “Normally, after a big run up, you see a market pullback, and when the market doesn’t pull back and goes sideways, that to me is very bullish.”
A light period for economic data continues ahead of next week’s Federal Reserve policy meeting, with trade balance data due out before the bell Wednesday. Earnings from Campbell Soup and GameStop are also on deck.
Tesla — Shares of the electric vehicle maker added more than 3% in premarket trading after an update on the company’s website showed that new Model 3 and Model Y cars are eligible for a $7,500 tax credit from the Inflation Reduction Act.
STOCK SYMBOL: TSLA
(CLICK HERE FOR LIVE STOCK QUOTE!)
Netflix — The streaming giant climbed 3.1% after JPMorgan increased its price target on the stock, citing the company’s effort to limit password sharing on its platform. The said the move could fuel revenue growth, JPMorgan said.
STOCK SYMBOL: NFLX
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Stitch Fix — Shares jumped more than 7% after the company’s fiscal third-quarter revenue and adjusted EBITDA earnings came above expectations. The company mentioned it focused on “improving efficiencies, maintaining profitability and cash flow” during the third quarter.
STOCK SYMBOL: SFIX
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GameStop — The meme stock added 2.4% premarket ahead of quarterly results on Wednesday. Analysts polled by FactSet are forecasting a quarterly loss of an adjusted 15 cents per share.
STOCK SYMBOL: GME
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Petrobras — The Brazilian oil giant rose 2% in premarket trading after Morgan Stanley upgraded the stock to overweight from equal weight. The bank said Petrobras could deliver a larger dividend to investors this year than it has historically.
STOCK SYMBOL: PBR
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Coinbase — The crypto exchange climbed about 2% in premarket following a 12% selloff the day before. The SEC sued Coinbase on Tuesday, alleging the company was operating as an unregistered exchange and broker. Ark Invest’s Cathie Wood bought the dip in Coinbase.
STOCK SYMBOL: COIN
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NovoCure — The oncology company added 3.2% before the opening bell. The company just wrapped up a presentation of key data from a study linked to a treatment for lung cancer at the 2023 American Society of Clinical Oncology Annual Meeting which reached its “primary endpoint.”
STOCK SYMBOL: NVCR
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Yext — The online marketing firm soared more than 17% in premarket trading on better-than-expected quarterly results. Yext earned an adjusted 8 cents per share in the first quarter on revenue of $99.5 million. Analysts expected a profit of 5 cents per share on revenue of $98.5 million, according to StreetAccount.
STOCK SYMBOL: YEXT
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bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk.
2023.06.07 13:18 bigbear0083 (6/7) Wednesday's Pre-Market Stock Movers & News
Stocks futures slipped Wednesday after the S&P 500 notched its highest closing level of 2023.
Futures tied to the Dow Jones Industrial Average dipped 38 points, or 0.1%. S&P 500 futures and Nasdaq-100 futures were down 0.1% each.
The tail-end of earnings season pressed on with results from Dave & Buster’s and Stitch Fix. Dave & Buster’s gained about 3%, while Stitch Fix added 5%.
Stocks edged higher during Tuesday’s session. The broad index added 0.24% to finish at its highest level since August 2022, while the Nasdaq Composite rose 0.36% to end at its highest close in 2023. The Dow Jones Industrial Average ticked 10.42 points higher, or 0.03%, pressured by health stocks Merck and UnitedHealth.
Seven major S&P sectors finished Tuesday’s session with gains. The financial sector added 1.3%, boosted by regional banking stocks and bellwethers like Goldman Sachs and Morgan Stanley.
Tuesday’s uptrend trailed last week’s blowout rally. However, continued modest gains instead of sharp pullbacks after a major upswing could signal more good news ahead, said Adam Sarhan, CEO of 50 Park Investments.
“The fact that it refuses to fall to me is extremely bullish,” he said. “Normally, after a big run up, you see a market pullback, and when the market doesn’t pull back and goes sideways, that to me is very bullish.”
A light period for economic data continues ahead of next week’s Federal Reserve policy meeting, with trade balance data due out before the bell Wednesday. Earnings from Campbell Soup and GameStop are also on deck.
Tesla — Shares of the electric vehicle maker added more than 3% in premarket trading after an update on the company’s website showed that new Model 3 and Model Y cars are eligible for a $7,500 tax credit from the Inflation Reduction Act.
STOCK SYMBOL: TSLA
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Netflix — The streaming giant climbed 3.1% after JPMorgan increased its price target on the stock, citing the company’s effort to limit password sharing on its platform. The said the move could fuel revenue growth, JPMorgan said.
STOCK SYMBOL: NFLX
(CLICK HERE FOR LIVE STOCK QUOTE!)
Stitch Fix — Shares jumped more than 7% after the company’s fiscal third-quarter revenue and adjusted EBITDA earnings came above expectations. The company mentioned it focused on “improving efficiencies, maintaining profitability and cash flow” during the third quarter.
STOCK SYMBOL: SFIX
(CLICK HERE FOR LIVE STOCK QUOTE!)
GameStop — The meme stock added 2.4% premarket ahead of quarterly results on Wednesday. Analysts polled by FactSet are forecasting a quarterly loss of an adjusted 15 cents per share.
STOCK SYMBOL: GME
(CLICK HERE FOR LIVE STOCK QUOTE!)
Petrobras — The Brazilian oil giant rose 2% in premarket trading after Morgan Stanley upgraded the stock to overweight from equal weight. The bank said Petrobras could deliver a larger dividend to investors this year than it has historically.
STOCK SYMBOL: PBR
(CLICK HERE FOR LIVE STOCK QUOTE!)
Coinbase — The crypto exchange climbed about 2% in premarket following a 12% selloff the day before. The SEC sued Coinbase on Tuesday, alleging the company was operating as an unregistered exchange and broker. Ark Invest’s Cathie Wood bought the dip in Coinbase.
STOCK SYMBOL: COIN
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NovoCure — The oncology company added 3.2% before the opening bell. The company just wrapped up a presentation of key data from a study linked to a treatment for lung cancer at the 2023 American Society of Clinical Oncology Annual Meeting which reached its “primary endpoint.”
STOCK SYMBOL: NVCR
(CLICK HERE FOR LIVE STOCK QUOTE!)
Yext — The online marketing firm soared more than 17% in premarket trading on better-than-expected quarterly results. Yext earned an adjusted 8 cents per share in the first quarter on revenue of $99.5 million. Analysts expected a profit of 5 cents per share on revenue of $98.5 million, according to StreetAccount.
STOCK SYMBOL: YEXT
(CLICK HERE FOR LIVE STOCK QUOTE!)
bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk. bigbear0083 is an admin at the financial forums StonkForums.com where this content was originally posted.
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2023.06.07 08:30 LuniCorn24 Not directly a PLC but maybe someone can help.
![]() | I am trying to find out what the basic density of this Marine LSFO Fuel is. submitted by LuniCorn24 to PLC [link] [comments] The density has been programmed into the inventory management system, but no one knows which value is the actual base value the system works with. The excel shows all the folders in the tanks inventory system that mention density. Our DCS is experion 510. Maybe someone here has any ideas. My money is on "denref", but I want to be sure before proceeding and no there is no documentation available that shows the should be density of the liquid in each tank. |
2023.06.06 20:20 willmagnify Notes on “A Tale of Two Cities: the development of early Arhada city states (0-500 AD)”, Part 1
This essay analyses the emergence of the first large-scale polities within the Arhadan cultural sphere, putting together the writings of notable scholars and the archaelogical record at our disposal. The title, "A Tale of Two Cities” was chosen in reference to the sites of Kamābarha and Amadahai, two settlements which would continue to act as major actors in the region throughout the following centuries. Because of their prominence, these two cities have been chosen as case studies through which we will examine the political, cultural and social characteristics of Arhada city states in the formative period. Those first few post-dawn centuries see the emergence of other important centres, but these two examples prove to be the earliest, the most consistently documented and the only ones who maintained their preeminence in post-formative eras.[...]
The text is divided into three main sections: the first detailing the general characteristics of urban, social and political developments within the region, the second and third delving into the specific nuances that these developments acquire in Kamābarha and Amadahai, respectively.
I thank the department of Tritonean studies at the Horean International University for their help in procuring material for this research, and Dr. Amaha Geherun for her invaluable guidance and insight.
2.a Palaces, urban settlements and their spatial characters.[...]
Scholars of late Tritonean prehistory usually divide the development of Arhadan settlements in three main phases; the Stilt House Period (SHP), which lasted roughly until 750 BD, the courtyard house period (CHP), which covers the millenium between 750 BD and 250 AD and the palatial house period (PHP), emerging from 250 onwards, with the development of the first palatial complexes and the first signs of wide-reaching palace economies, large scale political networks of reciprocal exchange, and true suzerain-client relationships. These three periods are named after their defining building types: the main characteristic of the SHP, unsurprisigly the one for which we have less documentation, were the small, square wooden constructions built on stilts along the lake shores and wetlands, next to the paddies. This period is the longest, stretching from the early development of zizania, cattail and sagittaria cultivation; with the construction of more specialised agricultural works and the consequent emergence of a higher level of inequality within Arhada settlements, we shift to the CHP, wherein successful family units migrated away from the lakeshores into dry land and extablished a new building typology, the multifamily courtyard house, acting as a higher status dwelling. The palace is nothing more than the natural evolution of the Courtyard-house type: it is merely larger and with cellular buildings constructed within the confines of the courtyard. The general layout consists of three outbuildings: a shrine, where the clans held religious functions both for the families and for the community at large, a granary, where the harvest would be stockpiled for distribution in lean years, and a treasury, where specialised group of artisans, usually the women of the clan, created and gathered family hierlooms, which obtained a near-sacred value and acted as further insurance against difficult harvests (See chapter 4a).
The palatial typology is fairly standardised: the frame, the courtyard building, is usually two or three stories high, with the ground floor being dedicated to common rooms, the middle floor containing the apartments of the clanmen and women and the last floor, built under a steep thatch roof, hosting lower-status inhabitants: servants, guards, favourites. What is more variable, however, was the disposition of buildings inside; shrines especially assumed different typologies: the constant is in their verticality and consistent central-plan type. From pictographic and sculptural sources, we can also note that canopies, usually defined by square-plans with four columns at the four corners, were important places of gathering, where tobacco ceremonies and clan meetings were held in the hot summers of southern Tritonea.
While it's interesting to consider the palace as a singular architectural and typological phenomenon, no discussion about the palatial type is complete without a mention about its relationship with the city at large. Built atop a hill (the term Nabaradjân, 'house of the hill', is, in fact, synonymous with palace), it acted as a centripetal force for the expansion of villages and cities, with important buildings being constructed radially from the central point of the palace and all other houses, small scale orchards and other structures being built in between. As architectural types specialised and key public buildings began to be built outside of the confines of the palace – granaries first, then shrines and storehouses – the radial composition of cities began to be even more clearly visible – in later periods those secondary "nodes" would create other radial sprawling points. "Radial cities, early settlement patterns in Arhadaland", by Dr. Amaha Geherun, provides an in-depth study of the spatiality of early, late and imperial Arhada cities.Reminder to get that book as soon as I get paid this week – couldn't find it at the library.
4.a Political Networks, the first states and the "Bead Bracelet" Structure.I had to copy the map in the book, because I was having a hard time visualising it. There was also a more schematic version of it. Apparently, villages owed "fealty" (though I'm sure that's the wrong word) to bigger villages wich in turn owed "fealty" to bigger ones. It wasn't really a feudalistic setup, though. Land belonged to the single villages, who cultivated it directly – but they were essentially client cities, providing labour or artisanal goods to their suzerain, provided they would keep their granaries full in lean years. Another quote on this, and some interesting notes on the contracts between polities:
With the growth of palaces, we can truly see the evolution of Arhada settlements change from villages, to cities, to city-states: each palace acted as a key driver for a city’s local economy; from within the various clans of the palace, the men of the clan oversaw and organised works in the paddies, allocating human resources and ensuring the harvest was safely stored in the granary. The women, on the other hand, handled the production of specialised crafts - pottery, textiles, painting and dye production being the most common ones - which would form the bulk of the treasury. This setup, which contributed to a general labour specialisation even outside the confines of the palace, greatly contributed to the growing influence of palaces in the surrounding sub-urban territory.
Archeological and archaeo-anthropological studies show that the early Zizania aquatica strains cultivated by Tritonean farmers were prone to failures, with some estimates indicating a one in six chance of failure. This insecurity was the main driver for the construction of granaries, and, later, the use of the palaces treasure as a sort of insurance against bad harvests. There is ample tangible evidence of extra-urban exchanges of luxury trade goods between palaces around the southern lakes - with them, came birchbark contracts (and, more rarely clay tablets), documenting the exchange agreements between villages. Sadly, we have very few documents of this kind, but just enough to get a clear picture of what these signified.
What looked like simple exchanges based on favours and giftgiving - which basically amounted to “I owe yous” with a precious gifts attached - quickly developed into more deliberate agreements. We find pictographic contracts detailing the exchange of zizania for corvée labour or zizania in exchange for a larger repayment over a period of several years. Often villages would repay their benefactor by providing labour until they were able to return the same quantity of zizania – other times, contracts operated over a fixed period of time. The maturation of these systems culminated in semi-permanent ties between villages and a construction of hierarchical client-patron relations. The short term contracts between polities, exchanging part of the harvest for corvées, valuable goods or interest on the repayment, became more and more drawn out, until finally long term relationships were established.
The term "Bead Bracelet network", introduced by Dr Lagor Daham in her seminal work "Early Political Relationships along the Southern Tritonean lakes: new models of political unity", is used to refer to these long strings of villages sharing some form political affiliation, each village being the client or suzerain of another one within the chain. The water-based agricultural tradition of Tritonea conditioned the developments of their urban centres as lines running paralel to the lakeshore, each with some influence over their adjoining woodland and wetlands: the creation of these ties would then follow these lines, creating complexes of neighbouring villages with varying degrees of freedoms and duties towards one other. these ties and contracts, which would be overseen by clan matriarchs, would connect all villages within a single network to the highest one.
In truth, most of these ties would not be very long lasting, and could break immediately if either of the parties was unable to maintain the foundational promises of the agreement. This usually resulted in small scale warfare in which the suzerain's victory would result in an even more restrictive contract and the clients victory would signify temporary freedom from the expansion of its neighbour's political influence. Kamābarha and Amadahai were the first to estabish stable and well-maintained networks of this kind, mostly due to the fact that their prosperous positions – Kamābarha in fertile and rich land, Amadahai straddled between two lakes, controlling trade and expanding at a fast pace along two lakesides – allowed them to maintain control over nearby polities thanks to the consistency with which they were able to provide their side of the bargain and distribute parts of their abundant harvest to their clients.[...]
The terms of the contracts themselves were extremely heterogeneous – and could be easily changed and misinterpreted. Being pictographic in nature, with imagery tied to Arhada proverb glyphs, they served more as visual aids to help the matriarchs remember the exact terms of a contract. It's a widely held belief that it's a need for specificity in birchbark contracts that led Arhada women to the development of true logographic writing in the following centuries.This note I found particularly interesting! I'll have to read more on that.
7. Trade and external relationsOne last bad drawing for today. I saw this map and I was truly impressed with how developed trade networks were at that time, especially for people who did not have horses or chariots. I'm afraid I'll have to read through second half of the book tomorrow, the library's closing now – end of note.
One final point to be made, before we delve into the specific configurations and internal histories of our two cities, has to do with trade systems within the Arhada cultural sphere. Arhadanists and scholars of Tritonean history speak of the Formative "Northern pottery", "Middle pottery" and "Southern pottery" schools: the Arhada territory fell squarely between the Middle and Southern areas, with Kamābarha being connected to the Kemithātsan polities along the southern shore of the Sihodjivôdjo (Middle school), and thus having an closer relationship to northern and western cultures into Xanthean territories, and Amadahai being connected instead to southern cultures such as the Zonowōdjon, beyond the lake, with whom they entertained relationships in a network that extended south, beyond Tritonea proper, in the territories of the Aluwa. As such, our two case studies present very different cultural traits and influences – it must be noted, however, that the deep interrelation of Arhadan cities through the connective tissue of the lakes serves as an avenue for the exchange and merger of these two very different cultural impulses.
The Arhada themselves were great exporters of finished products. Indigo dyes, pottery, hemp-cattail blend textiles and pecan oil, used both in cuisine and cosmetics, were ubiquitous items throughout Arhada territories; preserved fruits were common southern commodities; brass products from the zinc-abundant copper ores along the Green River, were Kamābarha's most valuable export. It's interesting, however, to analyse what was imported into their territories during this period, so that we can better track the changes in material culture throughout the early formative. Contact with the nearby Kemithātsan is evident in the spread of glazes in Middle Pottery school sites. Even in Souther Pottery sites we can begin to observe more Middle style artefacts, and we have evidence of kilns being built – many scholars believe these kilns were actually built by Kemithātsan artisans who relocated in the south. From the Kemithātsan they also obtained picked goods and wines, whose production was more specialised. Maple – a prised product in the south – was also obtained through northern trade routes.
Southern trade relationships were more tenuous at that time – Arhada groups migrated into Zonowōdjon lands around 500 AD, and while intermingling did occur at an early stage, we have evidence of a rather fraught relationship, with several Arhadan led attacks into the southern regions, certainly with the aim of clearing coastal land for more intensive agricultural production. Sanaboborôn, another formative site which would develop in the later quarter of the 1st millenium AD, emerged in the wake of these attacks, following different dynamics when compared the other early Arhada cities. This development, which lies outside the themes of this research, is brilliantly explored in another seminal work by Dr Lagor Daham, published in the collection of essays "Dawn of War: Martial history in formative Horea". While tensions and distrust with neighbouring Tritonean peoples slowed trade between the eastern and western southern lakes, polities such as Amadahai and Sanaboborôn found fertile ground with trade further down the continent. Crossing the Gorgonean-Tritonean mountain range they would encounter the Aluwa people – corals were an especially prised trade item, but spices such as peppers and citrus peel were also brought north, where they would enter the diets of elite Arhadans.
2023.06.06 17:40 Tonosonic LIMBS - magic in a post-apocalyptic wasteland
2023.06.06 15:20 MightBeneficial3302 Enterprise Group (TSX: E, OTCQB : ETOLF) Earnings Exceeded Expectations And More to Come
2023.06.06 14:31 FromAcrosstheStars 54F fainting, heart palpitations, slurred speech and general weakness?
2023.06.06 12:10 Chico237 #NIOCORP~Department of Energy Issues Request for Information to Provide Feedback on Critical Materials Assessment, Critical Materials Assessment U.S. Department of Energy May 2023 & more...
![]() | MAY 5, 2023~Department of Energy Issues Request for Information to Provide Feedback on Critical Materials Assessment~DOE Issues Request for Information to Provide Feedback on Critical Materials Assessment (govdelivery.com)https://preview.redd.it/130qasmbbd4b1.png?width=700&format=png&auto=webp&s=eb3f3658182302d9d0e839603c2847367b564173 The U.S. Department of Energy (DOE) has issued a Request for Information (RFI) seeking public feedback on DOE’s draft Critical Materials Assessment. This RFI is being issued by the Office of Energy Efficiency and Renewable Energy (EERE)’s Advanced Materials and Manufacturing Technologies Office (AMMTO), with the purpose of improving the DOE Critical Materials Assessment prior to finalization. Specifically, this RFI seeks input on the following Areas of Interest:
Historically, the Critical Materials Assessment has informed DOE’s priorities for research activities. The dynamic nature of criticality necessitates ongoing updates to the Assessment. Since DOE released its first Critical Materials Strategy in 2010, DOE’s research portfolio has expanded into a Critical Materials Research, Development, Demonstration, and Commercialization Application (RDD&CA) Program. DOE anticipates updating the Critical Materials Assessment every three years to reflect the most current data and market conditions underlying the methodology. Inclusion on DOE’s critical materials for energy list will inform crosscutting priorities including Critical Materials RDD&CA Program priorities and eligibility for the Inflation Reduction Act 48C tax credit. Responses to this RFI must be submitted electronically to [[email protected]](mailto:[email protected]) no later than 5:00pm ET on June 20, 2023. Learn more about DOE’s work on critical minerals and materials to build resilient supply chains that support the clean energy transition. Critical Materials Assessment U.S. Department of Energy May 20232023 Critical Materials Assessment (energy.gov)https://preview.redd.it/n99phcdtbd4b1.png?width=971&format=png&auto=webp&s=8871f330d140c1e636711e043b88fe65c275163dhttps://preview.redd.it/o25ine4pcd4b1.png?width=852&format=png&auto=webp&s=707d2482017170bba6d8e6cfddbc55575f85bd1e TITLE 17 CLEAN ENERGY FINANCING Department of Energyhttps://preview.redd.it/wqy0pfohkd4b1.png?width=1231&format=png&auto=webp&s=10c4eadad2dd833473b5c3d919f952cf4838b105AUGUST 22, 2022 New Federal Legislation Could Deliver Powerful New Benefits to NioCorp for its Critical Mineralshttps://www.niocorp.com/new-federal-legislation-could-deliver-powerful-new-benefits-to-niocorp-for-its-critical-minerals/CENTENNIAL, Colo., August 17, 2022— The “Inflation Reduction Act of 2022,” signed into law by President Biden this week, includes multiple financial and tax incentives designed to encourage greater production of critical minerals in the U.S. Virtually all of the critical minerals NioCorp Developments Ltd. (“NioCorp” or the “Company”) (TSX:NB) (OTCQX:NIOBF) intends to produce as part of its Elk Creek Critical Minerals Project in Nebraska (the “Project”) would be eligible for new tax credits once the Project is financed and placed into commercial production.****ALSO UNDER- Other Provisions That Could Benefit NioCorpOther provisions of the law are aimed at encouraging greater production of critical minerals in the U.S.:$40 billion commitment authority for the U.S. Department of Energy’s Innovative Technology Loan Guarantee Program (Title XVII), on top of DOE’s existing commitment authority of approximately $24 billion. The Innovative Technologies Loan Guarantee Program authorizes loan guarantees for projects that (1) “avoid, reduce, utilize, or sequester” air pollutants or anthropogenic emissions of greenhouse gases; and (2) employ “new or significantly improved technologies” as compared to commercial technologies in service in the United States at the time the guarantee is issued. JANUARY 2023 National Defense Act Calls out NIOBIUM & TITANIUM & SCANDIUM & the need to establish a U.S. Industrial Base for the Supply & Processing of ALL!https://docs.house.gov/billsthisweek/20220711/CRPT-117hrpt397.pdf The committee believes the United States industrial base for the supply and processing of the critical mineral scandium has significant vulnerabilities. The committee also believes that the United States should seek to eliminate dependence on Chinese and Russian sources of scandium, with support from allies and partners. Accordingly, public and private sectors should cooperate closely to establish scandium processing facilities in the United States. Therefore, the committee directs the Secretary of Defense, in consultation with the Secretary of Commerce, to provide a briefing to the House Committee on Armed Services not later than May 1, 2023, on public and private sector activities, working with allied nations, to establish scandium processing facilities in the United States, especially facilities based on more efficient, cleaner, and less energy intensive technologies. This briefing will also include how these processing facilities will help the United States reduce dependence on and compete more effectively with China and Russia. Department of Defense on NIOBIUM PAGE #250 ~Control of Niobium by the Chinese Communist Party~ The committee is concerned by recent investments in global niobium production made by firms under the ownership, control, or influence of the Chinese Communist Party (“CCP”). Niobium is a critical mineral needed for the production of superalloys in jet and rocket engines, critical components in defense systems and hypersonic vehicles, and other emerging technologies. CCP control of niobium and a lack of a domestic capability within the United States present a national security risk similar to risks in the rare earth mineral markets. Therefore, the committee directs the Under Secretary of Defense for Acquisition and Sustainment to provide a briefing to the House Committee on Armed Services by December 31, 2022, on current global sources of supply of niobium along with a cost-benefit analysis of establishing a domestic supply of high purity niobium oxides. The briefing shall:(1) differentiate between ferroniobium and high-purity niobium (the critical niobium oxide precursor);(2) address the possibility of using underutilized byproduct niobium feed stocks from coproduced materials in the United States to strengthen the domestic industrial base for other key refractory materials such as tantalum; and(3) include a list of defense programs that are significant users of niobium or where niobium is a critical component. Department of Defense Access to TITANIUM on pages #250 & #253 ~Establishment of Efficient Titanium Processing Facilities in the United States~ The committee is concerned that the United States industrial base for the supply and processing of the critical mineral titanium has significant vulnerabilities, including dependence on strategic competitors for the supply and processing of titanium. The committee believes that the United States should seek to eliminate dependence when it comes to the supply and processing of titanium, with support from allies and partners. Furthermore, the committee believes the public and private sectors should cooperate closely to establish titanium processing facilities in the United States or in other trusted partner countries. Therefore, the committee directs the Secretary of Defense, in consultation with the heads of other appropriate Federal departments, to submit to the House Committee on Armed Services an unclassified briefing not later than December 31, 2022, that includes:(1) a description of the public and private sector activities to cooperate and establish efficient titanium processing facilities in the United States or in trusted partner countries; and(2) an analysis of how such facilities will help the United States reduce dependence on strategic competitors\**.**\** SEE ALSO ~Armed Services report to the Senate supporting (2023 NDAA)https://www.armed-services.senate.gov/imo/media/doc/fy23_ndaa_bill_report.pdfSUBTITLE B— NATIONAL DEFENSE STOCKPILE (***There is more in the document for those interested!) Modification of acquisition authority under Strategic and Critical Materials Stock Piling Act (sec. 1411)The committee recommends a provision that would amend the Strategic and Critical Materials Stock Piling Act (50 U.S.C. 98d) in order to give the National Defense Stockpile Manager greater flexibility and agility to acquire critical materials, including rare earth elements, that are necessary to meet the requirements of the Department of Defense.Briefings on shortfalls in National Defense Stockpile (sec. 1412)The committee recommends a provision that would amend section 14 of the Strategic and Critical Materials Stock Piling Act (50 U.S.C. 98h-5) to require the National Defense Stockpile Manager to submit, not later than March 1 each year, a briefing to the congressional defense committees on strategic and critical materials shortfalls.Authority to acquire materials for the National Defense Stockpile (sec. 1413)The committee recommends a provision that would authorize the National Defense Stockpile Manager to use, of the funds appropriated for the National Defense Stockpile Transaction Fund, $1.0 billion for the acquisition of materials determined to be strategic and critical materials required to meet the defense, industrial, and essential civilian needs of the United States. *********Please see Response to the following question: Jan. 2023Jim: Given the information posted above-***A) Can you offer a comment on how the Scandium, Titanium & Niobium mining & processing facilities MENTIONED above would help or affect the outcome of the Elk Creek Mine Project moving forward?*See Response: "The Congress is focusing more intensely now on the need to encourage greater domestic production capacity of scandium, niobium, titanium, and rare earths. The language contained in the House Report accompanying the FY23 NDAA requires DoD to brief the House Armed Services Committee on each of the topics mentioned related to scandium, niobium, and titanium. These initiatives show that our education efforts, and those of others, are moving these elements to a much higher visibility with Congressional leaders. That is very good for our Project for a number of reasons. The findings and recommendations of these studies can often spur Congress to take more definitive actions (e.g., funding availability) of Projects such as ours." NIOCORP MANAGEMENT ON Jan. 31st, 2023, ~What were they doing in D.C. for 4-Days?~ "Working with White House officials on critical minerals issues. This Administration is working hard to help support environmentally responsible critical minerals projects like NioCorp’s Elk Creek Project in the great State of Nebraska. "~ https://preview.redd.it/wcw6fujged4b1.png?width=800&format=png&auto=webp&s=a5de0369242ed317d4c43e5b8fc9a60dc1f3d605 ~President Biden Signs Presidential Waiver of Statutory Requirements for Supply Chain Resilience~ Feb. 28, 2023https://www.defense.gov/News/Releases/Release/Article/3312486/president-biden-signs-presidential-waiver-of-statutory-requirements-for-supply/ https://preview.redd.it/racnwnnled4b1.png?width=1082&format=png&auto=webp&s=b9fdb6a5e4489ace4566f199ad1a794ca2b00c35 JIM SIMS RESPONDS TO TWO ONGOING RELEVANT QUESTIONS MAY 5, 2023 (***Please see all earlier posted responses to this line of questions for reference) https://preview.redd.it/zus1ei1ped4b1.png?width=1459&format=png&auto=webp&s=31ea9b2250fffdd18924a15d9959278a72221a19 https://preview.redd.it/wyas65eqed4b1.png?width=906&format=png&auto=webp&s=d821c0a36be19946a2117dad9d2d488bbca7bb26 RESPONSE: "There are several DOE programs, including the LGP program (Title XVII), that could potentially provide debt assistance to NioCorp."https://preview.redd.it/dmadmcxued4b1.png?width=916&format=png&auto=webp&s=1f158bfa4dcc231376548237bf8df1b06c355f3f RESPONSE: " As I have stated many times before, we are not allowed to confirm or deny whether we have a pending application with the DOE for this or other programs." - JIMMAY 25th 2023 ~NioCorp Demonstrates Higher Niobium Recovery Rates New Processing Approach Demonstrates the Ability to Make More Niobium per Tonne of Ore, Produce a Higher Purity Product, and Potentially Address New Markets with Different Niobium Productshttps://www.niocorp.com/niocorp-demonstrates-higher-niobium-recovery-rates/Potential New Forms of Niobium Products and Potential Markets NioCorp’s new process approach, which incorporates a chlorination step to improve niobium and titanium separation and purification, also has demonstrated NioCorp’s ability to potentially produce three different niobium products: (1) ferroniobium; (2) niobium chloride; and (3) niobium oxide.NioCorp had previously planned to make ferroniobium, which is used by the steel industry to produce high-strength low-alloy steel alloys. Those alloys are used in the construction, automotive and transport, aerospace and defense, oil and gas, and other industries. Niobium is a $3.3 billion per year global market but is currently served by only three major niobium producers in two countries.Niobium chloride would likely be converted by NioCorp into niobium oxide, but niobium chloride is also used in glass and ceramic manufacturing.Niobium oxide is critical to multiple applications, including niobium-lithium-ion batteries, superalloys, superconducting applications, capacitors, specialized optics, and many others. Its use in niobium-lithium-ion batteries is considered by current niobium producers as one of the fastest growing prospective global niobium markets. https://preview.redd.it/2eqlicc1fd4b1.png?width=250&format=png&auto=webp&s=450527c6d82996ee66f571526fb245d7b8b25fb4 MAY 26th 2023~NioCorp Demonstrates the Ability to Potentially Double Projected Titanium Recovery Rates for the Elk Creek Projecthttps://www.niocorp.com/niocorp-demonstrates-the-ability-to-potentially-double-projected-titanium-recovery-rates-for-the-elk-creek-project/ Demonstration Plant Shows New Recovery Process May Double NioCorp’s Titanium Production per Tonne of Ore as well as Produce a Higher Purity Product that May Command Higher Market Prices  – NioCorp Developments Ltd. (“NioCorp” or the “Company”) (NASDAQ:NB) (TSX:NB) is pleased to announce that it has successfully demonstrated an ability to potentially double the recovery of titanium from each tonne of ore the Company expects to mine at its Nebraska-based Elk Creek Critical Minerals Project (the “Project”), once project financing is obtained and the commercial plant is constructed. The new process is expected to produce a purer form of titanium that may command a higher price than is assumed in NioCorp’s June 2022 feasibility study for the Project (the “Feasibility Study”). NioCorp’s demonstration plant in Trois Rivieres, Quebec, has shown that the Company’s new and improved recovery process can likely achieve an 83.7% rate of overall titanium recovery to final product. This compares to a 40.3% titanium recovery rate in NioCorp’s previous process approach. This new result points to a potentially large increase in the amount of titanium that NioCorp can potentially produce at currently planned rates of mining ") MAY 29th 2023~NioCorp Launches Phased Approach to Commercial Production of Made-in-America Aluminum-Scandium Master Alloyhttps://www.niocorp.com/niocorp-launches-phased-approach-to-commercial-production-of-made-in-america-aluminum-scandium-master-alloy/ NioCorp Partnering with Nanoscale Powders LLC to Explore the Possibility of Establishing the First US-Based Mine-to-Master-Alloy Vertically Integrated Production of the High-Performance MaterialNioCorp’s Potential Commercial Production of Al-Sc Master Alloy Could Launch Prior to the Company’s Planned Production of >100 Tonnes/Year of Scandium Oxide at its Proposed Elk Creek Critical Minerals Project in Nebraska and Would Use Scandium Produced at the Elk Creek Facility as well as From Other SourcesChina Now Dominates the Scandium World, but North America is Now Positioned to Emerge as a “Leading Scandium Producer,” says NioCorp CEO THINKCOLLABORATIONS ON BATTERY BOXES ~(FORDS PATENT) ~& OTHER OEMS & MORE! MAY 29th 2023~ Jim/NIOCORP respond to question on recent Scandium News Release above:What comes to mind right off the bat is: *A)"How is this Scandium AlSc master Alloy different than what Niocorp produced with IBC & AMES laboratory???"*Response: "It is a different process that will be utilized. "*B) Will this be a Patentable approach now moving forward? in conjunction with Nanoscale???*Response:" Yes and yes. But we do not discuss the details of intellectual property matters except as required by law"(\****This is very interesting indeed because a few years back Niocorp was not interested in patenting any such materials!)**C) IS NIOCORP still engaged with IBC, AMES & OTHER ENTITIES in regards to Scandium Alloy production & uses moving forward? and with the New Niobium & Titanium oxides as well!!!!*Response: "We are focusing on our partnership with Nanoscale on the production of AlSc master alloy, but we engaged with a number of parties on various elements of our scandium-aluminum master alloy business development. We are not working with IBC on niobium or titanium product development efforts."(****SOUNDS LIKE OTHER COLLABORATIONS ARE ONGOING WITH POSSIBLE PRIVATE & GOVERNMENT ENTITIES?? OFF-TAKE AGREEMENTS & SO MUCH MORE! COULD BE IN PLAY AS THE MINE IS BUILT & NEARS PRODUCTION!!!!!!)"ENGAGED WITH A NUMBER OF VARIOUS PARTIES!!!!" ARE (SCANDIUM, NIOBIUM & TITANIUM ALL INVOLVED......???? INTERESTING!!!!)THEN THERE IS THE RARE EARTHS QUESTION:Sharing Jims response as Niocorp does have legal DISCLOSURE constraints to deal with in regards to all "Material News releases"! When asked about Rare Earths ON ~MAY, 26th 2023~RESPONSE: "NioCorp has not made a final determination on which REE products we will make, including tonnages, etc.. That determination can only be made in the context of publication of an updated Feasibility Study"FORM YOUR OWN OPINIONS & CONCLUSIONS ABOVE:https://preview.redd.it/nf73356wgd4b1.png?width=218&format=png&auto=webp&s=7916393789ad99412484d280e31273e57a34d842 https://preview.redd.it/08s205rxgd4b1.png?width=480&format=png&auto=webp&s=88cd9b2cb2d076f739c323ed94f063179e5bf5b3 https://preview.redd.it/ut3f46qygd4b1.png?width=383&format=png&auto=webp&s=ef4b4f460b2813fe23f7b862958788ca2a189aaa CHICO |
2023.06.05 23:10 PodcastPlusOne_James HELP! Pipe Issue quickly driving me insane
2023.06.05 21:11 welp007 As we watch CZ versus the SEC battle it out today, let us not forget that CFTC Chair Rostin Benham met with SBF 10 times in 14 months right after the GME sneeze. Benham wants to deregulate the SEC's oversight over Crypto tmrw in a House AG hearing, taking on that oversight role of Crypto himself.🔥
![]() | Big mystery: Any one wonder what Chair CFTC Rostin Benham will say at the House AG hearing tomorrow on the pro-crypto bill that guts SEC investor protections & empowers crypto-friendly CFTC? You don't have to watch: just replay Rostin’s fawning sucking up to FTX’s SBF. submitted by welp007 to Superstonk [link] [comments] Remember, CFTC Chair Benham met at least 10 times w/SBF in their attempt to get the CFTC to approve their anti-investor predatory model; Benham promised last year to release his/CFTC calendars showing the incestuous relationship, but never did. 🧐 No one should listen to the guy who was SBF FTX's partner in promoting FTX's special interest legislation that, surprise, took away SEC protections & expanded CFTC jurisdiction; read washingtonpost ToryNewmyer on the "courtship": Article transcript: Fried’s courtship of a Washington regulatorThe FTX executive wanted the Commodity Futures Trading Commission to oversee crypto. So did the CFTC’s boss, Rostin Behnam.Before his undoing this month, crypto magnate Sam Bankman-Fried aggressively pursued powerful allies in Washington. None was more important than Rostin Behnam. The chief of the federal agency that oversees commodities markets, Behnam holds a strategic perch among the nation’s financial regulators. And the 44-year-old Washington bureaucrat was indispensable in the boyish billionaire’s ambitious plans to reshape U.S. crypto regulation. Since last year, the two have worked in parallel on critical initiatives which, if not for the sudden demise of Bankman-Fried’s FTX empire, might have radically altered the nation’s attempts to govern the freewheeling market for digital currencies. Now that FTX has collapsed amid allegations of fraud, those initiatives may be doomed. But as the financial world examines why major firms threw hundreds of millions of dollars at the 30-year-old Bankman-Fried, the capital is looking anew at his courtship of Washington and why he sought to build ties with Behnam and the agency he leads, the Commodity Futures Trading Commission. The most ambitious of the two initiatives entwining the two men is a bill in Congress — one outlined by Behnam’s agency and then loudly backed by Bankman-Fried, who commanded a phalanx of lobbyists and public relations people. The bill would put the CFTC largely in charge of crypto exchanges like FTX. As the overall value of digital currencies swelled in recent years to as much as $3 trillion, some members of Congress and consumer advocates have clamored for clearer rules and stronger oversight of crypto trading. But many of the same advocates calling for regulation oppose the regulatory bill favored by Behnam and Bankman-Fried because, they say, the CFTC is too small, too lenient and less prepared than the Securities and Exchange Commission to undertake oversight of the burgeoning realm of digital currencies. Bankman-Fried, though, was a big fan: “It’s a well-done bill,” he said in an interview last month with The Washington Post. “And it’s well-positioned.” Behnam pushed for the legislation, too. The measure — co-sponsored by Sen. Debbie Stabenow (D-Mich.), whom Behnam previously served as a senior aide — would considerably expand his agency’s reach and budget. While drumming up support, he predicted that regulation by his agency might even profit crypto businesses: “Bitcoin might double in price if there’s a CFTC-regulated market,” he said this fall at a conference at Georgetown University. The second initiative to join the two was Bankman-Fried’s novel proposal to the CFTC last year. The proposal forced regulators to rethink how risk is handled in all commodities trading — not just crypto exchanges — and could have had profound economic implications, supporters and detractors agreed. For FTX, the proposal would have allowed customers to make sophisticated cryptocurrency bets with borrowed money directly through its exchange website FTX.US, rather than making such trades through brokers. Some federal regulators have warned that the idea could harm consumers and destabilize markets, but CFTC officials spent months in discussions with FTX as it developed the proposal and, in public comments, Behnam offered positive remarks about the idea. Behnam repeatedly said that his agency had made no decision, but behind the scenes, according to Terry Duffy, chief executive of the Chicago Mercantile Exchange, agency officials wanted to approve the proposal. They staunchly defended it in conversation with him this spring — so much so that Duffy, an opponent, told them he would sue the agency over it, he said. In his view, all of Washington seemed to be entranced by Bankman-Fried’s promises of innovation. “I’ve been [going to] Congress for 25 years — I’ve never seen a Washington, D.C., like I saw that time, from the regulators to the members of Congress, singing hymns that I’d never heard before,” Duffy recently recalled of his May visit to Washington on the On the Tape podcast. “No one else was calling BS on these clowns but me.” “You cannot try to make round holes and square pegs fit just because someone walks into town and sprinkles the infield with other people’s money,” he said. Bankman-Fried had given enough in political currency — donations — to expect to get an audience. The crypto mogul gave $40 million to politicians and political action committees before this month’s midterms, mostly to Democrats and liberal-leaning groups, according to the Center for Responsive Politics, a nonpartisan group that tracks campaign donations. Another senior FTX official, Ryan Salame, gave large sums to Republicans. Behnam declined to comment for this story. At a recent industry conference, though, he said the FTX debacle underscored his previous call to plug gaps in U.S. crypto regulation “This really only elevates the urgency for Congress to pass legislation to address these issues, many of which we are seeing in real time with the FTX implosion,” Behnam said at the conference held earlier this month. A CFTC official said that under existing law, the agency had no authority to probe FTX or most of its affiliates. Aside from two smaller FTX-owned firms that the CFTC already regulates — LedgerX and LedgerPrime — “any suggestion that we could have regulated, examined, surveilled, reviewed, intervened or prevented the issues at the unregulated FTX or any company owned, operated or affiliated with FTX is patently false,” the official said, speaking on the condition of anonymity to discuss a company the agency regulates. As for Behnam’s push for crypto oversight, CFTC spokesman Steve Adamske said the chair’s “years-long advocacy for expanded authority for the CFTC is driven solely by the fact that digital commodity asset investors and customers remain vulnerable to fraud and manipulation because these markets are unregulated.” Now some are calling for more scrutiny of interactions between FTX and the agency. Dennis Kelleher, president of Better Markets, which advocates for stricter financial regulation, is calling for an investigation into “how FTX ended up having so much influence at the CFTC.” He said the agency missed red flags at FTX, as Behnam demonstrated “a willingness to subordinate the public interest to the profit-maximizing interest of FTX.” All along, as Bankman-Fried and other FTX officials lobbied to make the CFTC their regulator, they professed their admiration for the federal agency. The CFTC is “a very thorough regulator who understands this space very deeply,” Bankman-Fried testified to Congress in May. “We are encouraged that the CFTC has taken such a deep, thoughtful, rigorous approach,” the company echoed on its blog. For a moment after FTX’s implosion earlier this month, though, it seemed that the respect between the billionaire and the CFTC had frayed. Bankman-Fried took out some of his wrath on regulators, saying in an interview with Vox, “f--- Regulators … they make everything worse.” By the next day, he wanted to make clear he didn’t mean all regulators. He tweeted that “there are regulators who have deeply impressed me with their knowledge and thoughtfulness. The CFTC has … But most are overwhelmed.” The CFTC traces its history back to 1922, when the federal government began regulating grain futures. In 1975, it spun off from the Agriculture Department as an independent agency, and in the decades since, it has expanded its oversight from futures for staples such as wheat, metals and oil to more complex financial products. Its authority took a leap forward in the aftermath of the 2009 global financial crisis, when it began policing the multitrillion-dollar swaps market, where traders exchange financial instruments to hedge bets on loans or prices of fuel and other commodities. In 2014, the agency also became the first federal regulator to nose into crypto. At the prompting of then-Commissioner Mark Wetjen, who had been nominated by President Barack O in 2011, the CFTC allowed a company called TeraExchange to facilitate trades based on the future price of bitcoin, a similar sort of maneuver to the financial derivatives the agency already oversaw. The agency later found that the traders on either side of the first such deal completed an offsetting transaction six minutes later in an illegally arranged scheme. The exchange got away with a slap on the wrist, as TeraExchange simply agreed to cease and desist from any future violations. But the regulator had planted its flag over the nascent industry. Wetjen stepped down from the CFTC a year later and quickly found work in crypto, joining the board of LedgerX, a crypto derivatives exchange. The company went on to secure three CFTC licenses that allowed it to facilitate commodities derivatives trades, making it an attractive target for Bankman-Fried as he eyed a future in the U.S. from his Bahamas headquarters. FTX bought LedgerX last year, bringing Wetjen into Bankman-Fried’s expanding constellation of crypto businesses. The crypto executive soon tapped Wetjen to serve as the architect of his aggressive Washington agenda. And Bankman-Fried continued adding former CFTC officials to his roster as he sought to build his Washington muscle. In August 2021, he brought on as general counsel of FTX’s U.S. affiliate Ryne Miller, an adviser to then-CFTC Chairman Gary Gensler, who now runs the SEC. He added Jill Sommers, another former CFTC commissioner, to the U.S. company’s board this September. Behnam, for his part, has seen his profile rise alongside the CFTC’s over the past decade. The New Jersey native went to law school at Syracuse University, cut his teeth working for his home state’s financial regulator and then practiced law in New York. But he landed on Capitol Hill in 2011, with a job advising Stabenow on the Senate Agriculture Committee, which oversees the CFTC. The committee and the agency were busy implementing the Dodd-Frank financial reform law that expanded the CFTC’s scope to include the swaps market. Behnam jumped into that effort and spent the next six years on the committee’s staff, focusing in part on its work with the CFTC. Senate Democrats tapped him to join the commission itself in 2017, and President Joe nominated him as chairman last year. Appearing before the committee that October for a confirmation hearing, Behnam signaled he would try to strengthen the CFTC’s crypto powers, telling senators he wanted to work with them to “reexamine — and if appropriate, expand” the agency’s authority over digital assets. Once FTX hired several former agency officials, its first major move in Washington was a proposal, filed in December 2021, to allow people to make cryptocurrency bets using borrowed money directly through the company’s website, putting up collateral directly with FTX rather than with a broker. For months before it was submitted, the CFTC held informal discussions with FTX about the proposal, and the company made alterations in response, company officials have said. By May 2022, according to Bankman-Fried, his firm had “spent tens of thousands of hours talking with the commission about this proposal.” Little noticed by the public, the proposal provoked strong opinions in the financial world. In May, the CFTC invited industry players, supporters and detractors alike, to a special roundtable meeting. The participants included representatives of BlackRock, JP Morgan, Citi, Citadel, Goldman Sachs and CME. The meeting was titled “Staff Roundtable Discussion on Non-intermediation,” but it was clear to participants that the meeting was about the FTX proposal. Bankman-Fried was there — and the young billionaire, often portrayed as a benevolent tech genius, showed that he could be imperious, too. Proponents at the meeting praised the idea of using technology to enhance market efficiency. It would make the market more democratic, too, they said, by giving more people the ability to bet on the prices of cryptocurrencies. But the proposal also required regulators to reconsider long-standing protocols for how markets should work — removing brokers who could protect consumers and stabilize markets and replacing them in part with computer algorithms. Four hours into the meeting, a consumer advocate and former FDIC attorney, Todd Phillips, hit a nerve, saying the proposal would allow large, aggressive trading firms to prey on unsophisticated crypto traders. Bankman-Fried then took aim at his Washington critics, declaring that when it comes to understanding financial risks, his customers knew better. “I think I feel pretty compelled to say this,” Bankman-Fried began, glaring at some on the panel, a video of the meeting shows. “I’m going to be pretty blunt. Most of the traders on our platform know a lot more about these contracts than many of the people in this room, including many of the people in this room who are condescendingly talking to them about what they do and don’t know. There is some irony in, you know, some of the statements made by people attempting to protect those who know massively more than they do about the topic.” At least through October, Behnam and the CFTC remained publicly undecided on the FTX measure. But in remarks to interested groups, Behnam repeatedly touted the proposal’s potential, saying it could be an important technical innovation akin to the shift in the ’90s from the trading floor to computerized systems. “This is a unique intersection of the crypto space and traditional finance,” Behnam said at a Georgetown University conference last month, according to news accounts. He added that crypto innovators offered lessons for those in traditional markets. “They come into the traditional market space, and they’re just a bit puzzled,” Behnam said. “They’re like, ‘Why do you do it this way? We have a way that’s more efficient, where we can have trading execution that’s quicker with better pricing, and we can have settlement and custody in a much better manner.’ That’s where I think we have to learn from each other collectively.” Behnam refused to say which way the CFTC was leaning on the FTX proposal, but Duffy, the chief executive of the Chicago Mercantile Exchange, believed that the agency aimed to approve it. Angry and skeptical about a move he thought would be disastrous for market stability, he went to the CFTC this spring where, he said, the staff rejected his complaints. “They wanted to approve it,” Duffy recalled in the Friday interview with the On the Tape podcast. “I said that would be lovely except that would be an arbitrary decision to approve a regulatory change for one asset class. They argued with me. They said, ‘No, it’s not. We have the ability to do it.’ ” On Nov. 11, the day Bankman-Fried resigned as chief executive of FTX, the company withdrew its proposal. An agency official, speaking on the condition of anonymity to discuss a company it regulates, disputed Duffy’s claim that the CFTC had been poised to approve the application. “CFTC staff were nowhere near completing the work that would advance any recommendation to the commission,” the official said. “In fact, in the more than 11 months of review and working openly and transparently that allowed for plenty of public comment, the application did not hold up to our scrutiny.” While the CFTC mulled Bankman-Fried’s application, the executive launched himself on a mission to help the agency expand its jurisdiction to include crypto. A legislative proposal as complicated and fraught as one dividing regulatory authority over a new, booming industry might take years to advance; Bankman-Fried, moving with characteristic speed, tried to get it done in months. There was good reason for the crypto executive’s urgency. He argued that the legislation from Sens. Stabenow and John Boozman (R-Ark.), the leaders of the Senate Agriculture Committee, would unlock a wave of institutional investment into firms such as his by giving big-money players in traditional finance the legal clarity they needed to jump into the sector. The senators introduced their bill in early August, and Bankman-Fried was intent on pushing it into law by the end of the year, a goal he confirmed in an interview with The Post last month. The mission pitted him against a shrinking legislative calendar and detractors who criticized the bill from two sides. Consumer protection advocates said it was too lax on industry and threatened to undermine the power of the SEC, and an increasingly vocal segment of crypto die-hards argued that the bill would enshrine centralized crypto platforms like FTX and snuff out their decentralized competition. Bankman-Fried, however, had a well of political capital to draw from thanks to his prodigious campaign giving. He also had a key ally in Behnam, who would see his power grow if he became the first federal cop on the crypto beat. The agency head’s support for the bill extended beyond supplying Hill staff with its outline. Before the legislation was introduced on Aug. 3, Behnam’s office attempted to get all four of the other commissioners at the agency to sign on to a unanimous statement expressing a positive view of the measure, CFTC officials said, speaking on the condition of anonymity to discuss internal agency deliberations. The effort fell short, and Behnam was left to put out his own statement, declaring that the bill arrived at a “critical inflection point where new legislative authority is needed to clarify ambiguities.” Behnam then made the rounds in favor of the bill. He called it a “huge step forward” in a September appearance before the Senate Agriculture Committee. Two weeks later, in what was billed as a fireside chat at NYU School of Law, he dangled the possibility that crypto investors would see a handsome return if the CFTC secured jurisdiction over the market. “Growth might occur if we have a well-regulated space,” he said, adding that bitcoin’s price could double. Now that FTX is in ruins, the measure has encountered new resistance on the Hill and beyond. Gensler, who had refrained from commenting on it until now, noted the bill was backed by FTX. “And you sort of wonder why,” he said at the Healthy Markets Conference earlier this month. “Because it was too light-touch.” |
2023.06.05 20:14 Professional_Disk131 Enterprise Group (TSX: E, OTCQB : ETOLF) Earnings Exceeded Expectations And More to Come
![]() | When you finish reading this article, you may well kick yourself. The good news is that the Enterprise Group, Inc. (TSX: E) (OTCQB: ETOLF) growth is just getting started. While hindsight is 20/20, the future looks very bright for this consolidator of energy services (including specialized equipment rental to the energy/resource sector), including one of the first companies to build and release systems and plans to drastically lower GHG emissions of resource companies. (Opened in Apr 2022). submitted by Professional_Disk131 to SmallCapStocks [link] [comments] https://preview.redd.it/6wnqcfedq84b1.jpg?width=1024&format=pjpg&auto=webp&s=c907576b9063053233885a56e86bc6fec789562b Cool as that is, it isn’t the good part the graph below shows the price growth of Enterprise (orange line on the graph below) over the last two years against all the major indices (group like a rainbow at the bottom). If you bought the shares a couple of years ago, congrats. The second-best time is today. I will give you the most up-to-date info and stats. If you don’t come out with a positive attitude about the shares, I can’t help you. I will list the salient reasons why a little (or a lot) of the Company should be in your portfolio. Over and above the fact it smoked the major US Indices. These points will be in some order, but all are powerful forces to grow the Company.
https://preview.redd.it/0kiy9tqgq84b1.png?width=1677&format=png&auto=webp&s=0347f87be9ed5bb98f4b1ce97373b4417c37308f For more context of most recent earnings (and for those more visual investors among us) announcement’s power, comparing Q1 2023 to FY 2022 is productive. https://preview.redd.it/g7glgce1q84b1.png?width=2058&format=png&auto=webp&s=7488bf7c5770db11542138e67527adaa7c827b24 FY2022 Numbers Revenue: CA$26.9m (up 44% from FY 2021). Net income: CA$2.28m (up from CA$2.38m loss in FY 2021). Net Profit margin: 8.5% (up from a net loss in FY 2021). The move to profitability was driven by higher revenue. EPS: CA$0.05 (up from CA$0.049 loss in FY 2021). Factors That Will Drive Future Growth. A Lot.
When shareholders and investors dive into the Company’s advances, they will note the following.
Research Assets Fundamental Research states that the Company blew through its previous estimates, raising its fair value from CDN1.02 to CDN1.12. The latest Corporate Presentation is here Latest Podcast Enterprise Group Inc.’s Desmond O’Kell lays out the company’s successful business model in the Company’s most recent podcast. YouTube Channel It’s YouTube. After reading all the foregoing facts, if you aren’t moved to pick up some shares, as I said at the outset, I can’t help you. |
2023.06.05 20:13 Professional_Disk131 Enterprise Group (TSX: E, OTCQB : ETOLF) Earnings Exceeded Expectations And More to Come
2023.06.05 20:12 Professional_Disk131 Enterprise Group (TSX: E, OTCQB : ETOLF) Earnings Exceeded Expectations And More to Come
![]() | When you finish reading this article, you may well kick yourself. The good news is that the Enterprise Group, Inc. (TSX: E) (OTCQB: ETOLF) growth is just getting started. While hindsight is 20/20, the future looks very bright for this consolidator of energy services (including specialized equipment rental to the energy/resource sector), including one of the first companies to build and release systems and plans to drastically lower GHG emissions of resource companies. (Opened in Apr 2022). submitted by Professional_Disk131 to pennystocks [link] [comments] https://preview.redd.it/1jojmtj3q84b1.jpg?width=1024&format=pjpg&auto=webp&s=17e3555ecb6f2835d74ca273587e80ec274a5949 Cool as that is, it isn’t the good part the graph below shows the price growth of Enterprise (orange line on the graph below) over the last two years against all the major indices (group like a rainbow at the bottom). If you bought the shares a couple of years ago, congrats. The second-best time is today. I will give you the most up-to-date info and stats. If you don’t come out with a positive attitude about the shares, I can’t help you. I will list the salient reasons why a little (or a lot) of the Company should be in your portfolio. Over and above the fact it smoked the major US Indices. These points will be in some order, but all are powerful forces to grow the Company.
https://preview.redd.it/k3fcvz95q84b1.png?width=1677&format=png&auto=webp&s=517350fda35f094a58013a48d063d8edfb9ed5a2 For more context of most recent earnings (and for those more visual investors among us) announcement’s power, comparing Q1 2023 to FY 2022 is productive. https://preview.redd.it/fryiks3zp84b1.png?width=2058&format=png&auto=webp&s=47fc261d732635c7ddee0ae48edc4f5e477de52e FY2022 Numbers Revenue: CA$26.9m (up 44% from FY 2021). Net income: CA$2.28m (up from CA$2.38m loss in FY 2021). Net Profit margin: 8.5% (up from a net loss in FY 2021). The move to profitability was driven by higher revenue. EPS: CA$0.05 (up from CA$0.049 loss in FY 2021). Factors That Will Drive Future Growth. A Lot.
When shareholders and investors dive into the Company’s advances, they will note the following.
Research Assets Fundamental Research states that the Company blew through its previous estimates, raising its fair value from CDN1.02 to CDN1.12. The latest Corporate Presentation is here Latest Podcast Enterprise Group Inc.’s Desmond O’Kell lays out the company’s successful business model in the Company’s most recent podcast. YouTube Channel It’s YouTube. After reading all the foregoing facts, if you aren’t moved to pick up some shares, as I said at the outset, I can’t help you. |
2023.06.05 20:11 Professional_Disk131 Enterprise Group (TSX: E, OTCQB : ETOLF) Earnings Exceeded Expectations And More to Come
![]() | When you finish reading this article, you may well kick yourself. The good news is that the Enterprise Group, Inc. (TSX: E) (OTCQB: ETOLF) growth is just getting started. While hindsight is 20/20, the future looks very bright for this consolidator of energy services (including specialized equipment rental to the energy/resource sector), including one of the first companies to build and release systems and plans to drastically lower GHG emissions of resource companies. (Opened in Apr 2022). submitted by Professional_Disk131 to PennyStocksCanada [link] [comments] https://preview.redd.it/l0brcrlip84b1.jpg?width=1024&format=pjpg&auto=webp&s=614cc6028489d1063edb3dfa1732ae5122622f8b Cool as that is, it isn’t the good part the graph below shows the price growth of Enterprise (orange line on the graph below) over the last two years against all the major indices (group like a rainbow at the bottom). If you bought the shares a couple of years ago, congrats. The second-best time is today. I will give you the most up-to-date info and stats. If you don’t come out with a positive attitude about the shares, I can’t help you. I will list the salient reasons why a little (or a lot) of the Company should be in your portfolio. Over and above the fact it smoked the major US Indices. These points will be in some order, but all are powerful forces to grow the Company.
https://preview.redd.it/p162i0xmp84b1.png?width=1677&format=png&auto=webp&s=d911e39b9c09b533d5ab4c57c1392624f6adbcb6 For more context of most recent earnings (and for those more visual investors among us) announcement’s power, comparing Q1 2023 to FY 2022 is productive. https://preview.redd.it/ndgy1c4vp84b1.png?width=2058&format=png&auto=webp&s=5331c6243abcd448787325f9c50ffafb74bb43bf FY2022 Numbers Revenue: CA$26.9m (up 44% from FY 2021). Net income: CA$2.28m (up from CA$2.38m loss in FY 2021). Net Profit margin: 8.5% (up from a net loss in FY 2021). The move to profitability was driven by higher revenue. EPS: CA$0.05 (up from CA$0.049 loss in FY 2021). Factors That Will Drive Future Growth. A Lot.
When shareholders and investors dive into the Company’s advances, they will note the following.
Research Assets Fundamental Research states that the Company blew through its previous estimates, raising its fair value from CDN1.02 to CDN1.12. The latest Corporate Presentation is here Latest Podcast Enterprise Group Inc.’s Desmond O’Kell lays out the company’s successful business model in the Company’s most recent podcast. YouTube Channel It’s YouTube. After reading all the foregoing facts, if you aren’t moved to pick up some shares, as I said at the outset, I can’t help you. |