Uber Technologies, Inc. (UBER) has received an average target price from analysts of 48.41 amounting to a recommendation rating of Overweight. That comes from 38 different analysts. Perhaps, the driver for that assessment comes from the company’s valuations. Right now, we are looking at a median price-to-earnings ratio for this calendar year of N/A. To […]
Brendan Byrne
The Daily Buzz: What’s Hot on the OTC This Week (SGMD, KPAY, CRLBF)
Sugarmade Inc (OTCMKTS:SGMD) momentum in recent action is indisputable and appears to spring from the company’s announcement earlier this week of the finalization of terms between itself and BZRTH Inc. for a definitive agreement whereby Sugarmade will acquire BZRTH Inc., a leading ecommerce supplier to the rapidly expanding hydroponic agricultural space. According to the release, […]
Phase Two of the CBD Boom (ACB, CWBHF, GDET, CGC, TLRY)
We have all heard the pitch: The CBD market is set to grow by some ungodly CAGR over such-and-such period of years ahead. It’s “sliced bread” multiplied by “the wheel” to the power of “fire”. But, as is always the case, capital markets swing around a basic core of reason with some enthusiastic fat tails. […]
IMTL’s Fotofy Platform Appears to be the Real Deal, Which Could Be Huge
Image Protect Inc (OTCMKTS:IMTL) is a tiny sub-penny stock that could be very easy to overlook. But it’s also tremendously interesting if you take the time to understand what the company is trying to do. It’s nothing short of a revolutionary gambit to create a brand new global programmatic ad marketplace and simultaneously solve the […]
Facebook, Inc. (NASDAQ:FB) CEO`s Comments Casts A Dark Shadow On Its Apps: Zuckerberg Underestimates Tik Tok
In leaked audio from an internal meeting held with employees in July 2019, Mark Zuckerberg, Chief Executive Officer of Facebook, Inc. (NASDAQ:FB), said it is just like an explore Tab on Instagram when describing the Tik Tok. He possibly misunderstood the impact of Tik Tok, and his talk casts a dark shadow on the future […]
Hot Prospects in the Digital Ad Boom (TTD, IMTL, TLRA)
A recent research piece by eMarketer, a leading market analysis firm, significantly raised expectations for the growth dead ahead in the digital ad space. This theme is very interesting for prospective investors because it represents a highly recession-resistant structural growth story with outsized potential, particularly in light of accelerating growth prospects highlighted by the research, […]
Image Protect Inc (OTCMKTS:IMTL) Shares in Focus on Huge KODAKOne Partnership
Image Protect Inc (OTCMKTS:IMTL) took off to the upside yesterday on one of its biggest volume days ever, closing higher with better than 33% gains. In retrospect now, it looks like the stock was jumping following a series of strong catalysts as well as some clear insider buying by top execs. But today’s action is […]
Comcast Corporation (NASDAQ:CMCSA) To Offer Internet-Only Subscribers A Free Xfinity Flex Streaming Box
Comcast Corporation (NASDAQ:CMCSA) will give internet-only subscribers with a free steaming box to enhance their watching experiences, and they will not pay for cable. The company introduced the streaming box called Xfinity Flex in March. It has been charging $5 per month, which was exorbitant considering Roku Inc. (NASDAQ: ROKU) offers a streaming box at […]
EEOC Says Walmart Inc. (NYSE:WMT) Allegedly Discriminated Female Workers
The Equal Employment Opportunity Commission has allegedly indicated that Walmart Inc. (NYSE:WMT) discriminated against 178 female employees. In memos seen by The Wall Street Journal, the workers were allegedly paid less and denied promotions because of being women. Walmart accused of systematic discrimination The commission has asked the retailer, and the workers who filed the […]
The Daily Buzz: Three Turnaround Prospects Under the Microscope (TLRY, ISWH, CRON)
Tilray Inc (NASDAQ:TLRY) engages in the research, cultivation, processing, and distribution of medical cannabis. The company offers its products in Argentina, Australia, Canada, Chile, Croatia, Cyprus, the Czech Republic, Germany, New Zealand, and South Africa. Tilray, Inc. was incorporated in 2018 and is headquartered in Nanaimo, Canada. We see the company as something approaching a catastrophe for investors […]
Ebix Paying $338 Million for Indian Travel Booking Company Yatra
Atlanta-based software company Ebix Inc. (NASDAQ: EBIX) is acquiring Yatra Online (NASDAQ: YTRA) for $337.8 million in an all-stock transaction. The main prize for Ebix is Yatra Online Pvt. Ltd., a subsidiary of Yatra Online and leading corporate travel exchange in India. The companies announced during the first quarter that they were considering merging. On […]
Medexus Pharma Revenue and Profits Surge on Acquisitions
Following Monday’s closing bell, Canadian specialty pharma company Medexus Pharmaceuticals (TSX-V:MDP)(OTCQB:PDDPF) released its results from operations for the quarter and fiscal year ended March 31, 2019 showing a dramatic improvement in the top and bottom lines compared to a year earlier. The books were catalyzed by the company formerly known as Pediapharm completing mergers with […]
Brazilian Banks To Implement A New Blockchain Identity Solution
Brazilian banks are all set to implement a new uniform blockchain identity solution driven by the Hyperledger Fabric-platform. This identity solution is co-developed by the nation’s central bank named CIP and IBM. The new platform is supposedly to be incorporated into the Brazilian Payment System, an arrangement used by all financial institutions and banks in […]
Amazon.com, Inc. (NASDAQ:AMZN) Ramp Up Its Single Day Delivery Plans
Amazon.com, Inc. (NASDAQ:AMZN) has been gradually launching free one-day delivery for months. IN its recent earnings call, CFO Brian Olsavsky reported that the firm would substitute two-day delivery with one-day delivery, but indicated that one-day delivery would take a substantial amount of time to accomplish. He also stated that some zip codes can enjoy this […]
Facebook, Inc. (NASDAQ:FB) To Face Competition Probe
The Federal Trade Commission reported that it is exercising its right to perform a competition probe on the social media juggernaut Facebook, Inc. (NASDAQ:FB). This update was taken negatively by the market, dragging down the company’s stock deep in the red. Social media firms have been facing an increasing backlash and mark another measure by the […]
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