MicroStrategy to redeem $1.05B in convertible notes amid concerns over Bitcoin tax rules
Jan 24, 2025
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways MicroStrategy plans to redeem $1.05 billion in convertible notes due to potential tax implications from the CAMT. The CAMT poses a 15% tax rate on companies like MicroStrategy with substantial GAAP earnings from Bitcoin holdings. Share this article MicroStrategy has announced plans to redeem $1.05 billion in 0% convertible senior notes due in […]
a16z cuts UK crypto plans as it shifts focus to Trump-era US opportunities
Jan 24, 2025
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Andreessen Horowitz is scaling back UK crypto operations to refocus on US opportunities. Bitcoin prices have surged post-election as Trump’s executive order signals potential lighter regulations for crypto. Share this article Andreessen Horowitz (a16z), one of Silicon Valley’s leading venture capital firms, is shifting its crypto focus back to the US, scaling down […]
Southern Company (SO) Dividend Stock Analysis
Jan 24, 2025
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Linked here is a detailed quantitative analysis of Southern Company (SO). Below are some highlights from the above linked analysis:Company Description: Southern Company is an Atlanta-based energy holding company and is one of the largest producers of electricity in the U.S.Fair Value: In calculating fair value, I consider the NPV MMA Differential Fair Value along with these […]
Retail on-chain activity drops 19% despite Bitcoin’s strength above $100K
Jan 24, 2025
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Retail crypto transactions under $10,000 have decreased by 19.3% despite Bitcoin prices remaining above $100,000. Search trends reveal retail interest centers on brief euphoria, like the Trump meme coin spike, not sustained rallies. Share this article On-chain activity for transactions under $10,000 has declined by 19.34% in recent days, according to verified CryptoQuant […]
Bankers & Davos Elites Get Trumped – The Corn & Ethanol Report
Jan 24, 2025
Jeremy Parkinson
Finance, No picture
We kickoff the day with Export Sales at 7:30 A.M., S&P Global Composite PMI Flash, S&P Global Manufacturing PMI Flash, and S&P Global Services PMI Flash at 8:45 A.M., Existing Home Sales, Existing Home Sales MoM, Michigan Consumer Sentiment Final, Michigan 5 Year Inflation Expectations Final, Michigan Consumer Expectations Final, Michigan Current Conditions Final, and […]
The Energy Report: A Revolution Of Common Sense
Jan 24, 2025
Jeremy Parkinson
Finance, No picture
President Trump took down the global elites at Davos and oil prices at the same time. The President put OPEC and on oil on notice when he said he was going to ask Saudi Arabia and OPEC to bring down the cost of oil but at the same time fed into the animal spirits of […]
Sensex Today Ends 330 Points Lower; Nifty Below 23,100
Jan 24, 2025
Jeremy Parkinson
Finance, No picture
After opening the day higher, the Indian benchmark turned negative as the session progressed and ended the day lower.Benchmark equity indices, BSE Sensex and NSE Nifty50, ended the week’s last trading session on a lower note.At the closing bell, the BSE Sensex closed lower by 330 points (down 0.4%).Meanwhile, the NSE Nifty closed 114 points lower (down 0.5%).HUL, […]
American Express Beats Q4 Earnings And Revenue Estimates
Jan 24, 2025
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash American Express (AXP – Free Report) came out with quarterly earnings of $3.04 per share, beating the Zacks Consensus Estimate of $3.03 per share. This compares to earnings of $2.62 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 0.33%. A quarter ago, it was […]
Dollar Slides – Friday, Jan. 24
Jan 24, 2025
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Overview: The US dollar is broadly lower. The tariff-threat inspired gains stalled and the BOJ rate hike and stronger PMI in Europe have dragged the greenback lower against all the G10 currencies and nearly all of the emerging market currencies. While the market remains vulnerable to pronouncements from Washington, and next week’s policy divergence […]
Eurozone PMI Better Than Expected In January
Jan 24, 2025
Jeremy Parkinson
Finance, No picture
The composite PMI increased from 49.6 to 50.2. Though better than expected, it still corresponds to a stagnant economy with a contracting manufacturing sector. While price pressures are increasing again, the weak growth environment seems to take priority as the ECB gears up for more rate cuts.Some positive news from the eurozone at last. It’s […]