Hey everyone and thanks for jumping back into the cryptoverse. Today we're going to talk about Bitcoin and we're going to be discussing a an indicator that historically has been useful for identifying market cycle tops. If you guys like the content, make sure you subscribe to the channel, give the video a thumbs up, and also check out the sale on Into the Cryptoverse Premium at into the cryptoverse.com. Let's go ahead and jump in. So, we've done um a couple videos on this in the past.Um the last one was pro ...

Reykjavík, June 11, 2025 (GLOBE NEWSWIRE) -- THIS ANNOUNCEMENT (INCLUDING THE APPENDICES) AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO. PLEASE SEE THE IMPORTANT NOTICES SECTION WITHIN THIS ANNOUNCEMENT. THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY, AND DOES NO ...

Phathom Pharmaceuticals (PHAT) FY Conference June 11, 2025 10:40 AM ET Speaker0 Okay. We'll continue with the next session. Good morning, everyone. I'm Paul Choi, and I cover the biotech sector here at Goldman Sachs. It's my pleasure to have Fathom Pharmaceuticals here for our next session and Steve Fosta, CEO, to my immediate left. Maybe what we'll do is kick it off by letting Steve kinda introduce himself, maybe provide a little bit of background. There has been some changes at at Fathom recently, and so ...

Ryder System (R) 2025 Conference June 11, 2025 09:45 AM ET Speaker0 All right. Well, welcome back to day two of the Wells Industrial and Materials Conference. I'm delighted to continue and segue into the trucking and logistics portion of our conference with Ryder Systems Inc. With us, we've got Robert Sanchez, the Chairman and CEO as well as in the audience, Kayleen Candela. So I'm going to turn it over to Robert for some prepared remarks, and then we'll jump into Q and A. Speaker1 Okay. Thank you. Well, I' ...

Investor Presentation First Quarter Fiscal Year 2026 © GitLab Inc. First quarter fiscal year 2026 results $215M Revenue1 27% Revenue Growth1 12% Q1 FY26 Non-GAAP Operating Margin1 49% Q1 FY26 Non-GAAP Adj. Free Cash Flow Margin1 122% Dollar-Based Net Retention Rate1 10,104 Base Customers1 1,288 $100K ARR Customers1 1 Platform Note: Figures as of the three months ended April 30, 2025 Q1 FY26) unless otherwise noted. 1 Definitions and reconciliations with most directly comparable GAAP figure can be found in t ...

Hi everyone, I'm Vicos. I'm a software development manager with AWS at Amazon. I'm Linda.I'm a developer advocate at AWS and in this video we're going to talk about the software development life cycle and specifically how you can use Genai throughout that life cycle. We're going to focus on Amazon Q developer which is an AI coding assistant and we're going to show you where you could use it in all the different parts of that. So I'm going to throw it to Vicash because he as a manager always gets a very comm ...

Turtle Beach (HEAR) FY Conference Summary Industry and Company Overview - The conference focused on Turtle Beach, a leading company in the gaming accessory industry, particularly known for its headsets and controllers [1][2] - The discussion highlighted the upcoming gaming cycle, including new hardware launches and significant game releases that are expected to impact accessory sales positively [3][4] Key Points and Arguments Upcoming Gaming Cycle - Anticipation for the Nintendo Switch 2 and its impact on accessory sales, with historical trends indicating strong initial sales for accessories following new console launches [4][5] - Excitement surrounding the release of GTA VI in May, which is expected to drive significant engagement and accessory purchases [6][14] Accessory Categories and Growth - Turtle Beach aims to differentiate its products by collaborating with console manufacturers to create complementary accessories that enhance the gaming experience [8][11] - The company is focusing on innovative audio features and new technologies across all platforms, including PC [10][12] Engagement-Driven Sales - High engagement games, such as GTA VI and Fortnite, are identified as key drivers for accessory purchases, with the expectation that increased playtime leads to higher accessory demand [13][15] - The company has successfully launched licensed products for popular games like Minecraft, indicating a strategy to tap into high-engagement titles [16][17] Market Dynamics and Replacement Cycles - Historically, the replacement cycle for gaming accessories has been around 2-3 years, driven by gamer engagement and technological advancements [21][22] - The pandemic created a surge in demand for gaming accessories, but a full replacement cycle has not yet been realized, presenting an opportunity for future growth as new hardware and games are released [23][25] Financial Performance and M&A Strategy - The acquisition of PDP has been transformative, broadening Turtle Beach's product portfolio and contributing to a more balanced revenue split between headsets and other categories [30][31] - The company has exceeded synergy expectations from the PDP acquisition, achieving over $13 million in synergies compared to the anticipated $10-12 million [32] - Future M&A activities will be informed by the success of the PDP acquisition, with a focus on accretive deals that enhance growth [34][35] Capital Allocation and Cash Flow - Turtle Beach anticipates $50 million in EBITDA for the year, with cash flow expected to be in the mid-$30 million range, supported by low capital requirements [37][38] - The company has a strong buyback program, having repurchased nearly $30 million in stock last year and approving an additional $75 million buyback program [36][39] Long-Term Strategy - The focus for the next 3-5 years includes consistent execution, adapting to market changes, and maintaining a leadership position in the gaming accessory space [47][50] - The company aims to balance investments in core business growth, M&A opportunities, and share buybacks to enhance shareholder value [49][51] Additional Important Insights - The company is preparing for a shift in revenue seasonality due to the upcoming releases, particularly GTA VI, which may create patterns similar to console launches [44][45] - The management emphasizes agility and quick adaptation to market changes, which has been a competitive advantage for Turtle Beach [48][49] This summary encapsulates the key insights from the Turtle Beach FY Conference, highlighting the company's strategic direction, market opportunities, and financial outlook.

There are orders, you know, there's a monetary order, there's a domestic, political, social order. Um there's a global world and they go through tend to go through a cycle um in which they break down and you have new orders. So a good example would be let's say 1945, we have a new monetary order, we have a new uh all those orders.Um, and then when they break down, um, you wipe out a lot and you have a new beginning and everybody remembers the trauma of the past and then there's the building up of credit, th ...

Financial Data and Key Metrics Changes - Full year revenue grew approximately 13% to $210 million, with adjusted EBITDA increasing 69% to $22.4 million, representing 10.7% of sales [6][31] - Record backlog reached $412 million as of March 31, up 7% sequentially, with a book to bill ratio of 1.1, marking the fifth consecutive year above 1.0 [7][36] - Fourth quarter net income was $4.4 million, compared to $1.3 million in the prior year, equating to $0.40 per share on a GAAP basis [31] Business Line Data and Key Metrics Changes - Defense market sales grew by $7.7 million or 28% year-over-year, driven by existing programs and improved execution [28] - Energy and process sales increased by $1.8 million, supported by higher capital equipment sales to the Middle East and Asia [28] - Aftermarket sales for energy and process and defense markets totaled $12.1 million, up 3% from the prior year [28] Market Data and Key Metrics Changes - The defense sector remains a key focus, with significant contracts awarded, including a $136.5 million contract for the Virginia class submarine program [7][8] - The energy and process market is seeing continued demand, with innovative solutions driving customer interest [9] Company Strategy and Development Direction - The company is transitioning into a growth phase, focusing on product life cycle expansion, commercialization, global reach, and digital transformation [23][26] - Investments in automation and facility expansion are aimed at enhancing operational efficiency and throughput [21][22] - The strategic plan includes a target of 8% to 10% organic revenue growth and low to mid-teens adjusted EBITDA margins by fiscal 2027 [14][42] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to capitalize on opportunities in the defense and energy sectors, supported by a robust backlog and strategic investments [14][39] - The leadership transition is expected to ensure continuity in strategic vision and operational execution [12][13] Other Important Information - The company has secured a $50 million credit facility to support future growth initiatives [22] - Capital expenditures for fiscal 2025 were $19 million, with expectations to maintain CapEx at 7% to 10% of sales in the coming years [10][38] Q&A Session Summary Question: Inquiry about guidance and gross margin outlook - Management indicated that the gross margin outlook is primarily affected by tariffs and the absence of a training grant, with process improvement initiatives in place to offset these factors [45][46] Question: Details on the investment in radiographic equipment - The new X-ray equipment will enhance the evaluation of complex welds, improving efficiency and quality in production [47][48] Question: Update on M&A opportunities - The M&A pipeline is robust, with opportunities arising from aging ownership groups, and valuations are seen as favorable for strategic acquisitions [51][52] Question: Changes in contract terms for Navy orders - Management confirmed that there are protective clauses in contracts to mitigate commodity price volatility, ensuring stability in pricing [58][59] Question: Status of welder training program and future needs - The welder training program has been successful, with a 10% increase in welders year-over-year, supporting growth in both defense and energy sectors [62][63] Question: Utilization of the cryogenic facility - The cryogenic facility is on track to be operational soon, with strong demand anticipated based on customer inquiries [67][70] Question: Progress on NextGen nozzle and potential clients - The NextGen nozzle design is complete, with ongoing discussions with existing clients for upgrades during maintenance turnarounds [75][76]

Investment Rating - The report assigns an "Overweight" (OW) rating to HK Exchanges & Clearing (0388.HK) with a new price target of HK$500, reflecting a 24% upside potential from the current price of HK$402.40 [6][31]. Core Insights - The report highlights increased confidence in the financial system cycle bottom, which is expected to support trading volume and market sentiment in Hong Kong [9][44]. - Strong year-to-date (YTD) performance is noted, with average daily trading value (ADV) reaching HK$240 billion as of June 6, 2025, an 82% increase from HK$132 billion in 2024 [2][9]. - The report anticipates a robust IPO recovery, with funds raised reaching HK$78 billion in the first five months of 2025, up over 700% year-on-year [15][17]. Summary by Sections Financial Performance - The report raises ADV assumptions to HK$220 billion for 2025 and HK$240 billion for 2026, reflecting a more favorable market environment and increased IPO activity [4][26]. - Earnings forecasts have been adjusted upward, with EPS estimates increasing by 9.4% for 2025 and 10.6% for 2026 [27][30]. Market Dynamics - The financial system is believed to be in a properly regulated development mode, reducing market volatility and supporting capital market activity [3][10]. - The report identifies key drivers for trading volume, including a shift to an innovation-driven development model in China and easing trade tensions, which are expected to enhance market sentiment [11][14]. IPO Activity - A solid IPO pipeline is anticipated, with 138 deals in process as of May 30, 2025, and expectations for IPO volume to rise to HK$180 billion in 2025 and HK$310 billion in 2026 [15][19]. - The loosening of IPO criteria by the China Securities Regulatory Commission (CSRC) is expected to further stimulate market activity [15][44]. Valuation and Price Target - The new price target of HK$500 is derived from applying a P/E multiple of 37.4x to the 2026 EPS estimate of HK$13.38, reflecting a bullish outlook on market conditions [31][38]. - The report outlines different valuation scenarios, with the base case target increasing to HK$468 and the bull case target rising to HK$630 [32][33].