All P4 conference champs lost their 1st CFB Playoff game. NCAA has to eliminate these games.
ACC Champ - Clemson lost 1st rd to Texas. Big 12 Champ - ASU lost QFs to Texas. SEC Champ - Georgia lost QFs to ND. B1G Champ - Oregon lost QFs to Ohio. St.
According to a Chicago Bridge & Iron (NYSE: CBI)
presentation, the LNG project capital expenditures over the next two
years will reach over $70 billion. The spending will reach a plateau in
2015 at over $45 billion and max out around $50 billion in 2017. Not bad
for a market that topped out around $30 billion in 2012 and plunged
this year.
Probably not surprising, but a main beneficiary will be more »
Disclosure: No positions mentioned. Please review the disclaimer page for more info.
ChargePoint beat FQ2'22 revenue estimates, but the losses are mounting. The company guided up FY22 numbers partly due to acquisitions. The stock still trades at an estimated 21x FY23 number leaving limited upside for the stock and reinforcing why venture funds sold 13.8 million shares. Looking for a portfolio of ideas like this one? Members of Out Fox The Street get exclusive access to our model portfolio. Learn More » After solid FQ2'22 earnings , ChargePoint Holdings ( CHPT ) has seen a nice bump in the stock. Now investors have to confront the valuation divide and deal with the past insider sales likely leading to future sales on any stock rallies. My investment thesis remains very Bearish on the EV charging station stock on any rallies into the mid-$20s. Read the full article on Seeking Alpha. Disclosure: No position mentioned. Please review the disclaimer page for more details. Update - Sept. 8 Be cautious when analysts strugg...
Though oil continues plunging, the oil giants continue producing more. For Q4, Occidental Petroleum (OXY) had roughly flat production. The worst part is that OXY plans to grow production by 2% to 4% in 2016. The stock has held up somewhat strong, but the inability to turn off the spigot remains troubling. Disclosure: No positions mentioned. Please review the disclaimer page for more details.
Aurora Cannabis was left out of the major deal making in 2018. The cannabis company updated FQ2 guidance to revenues of $50 to $55 million with a continued focus on pure production growth. The stock is down as the market is becoming less impressed with commodity farming operations due to the prime Oregon example. The stock is below key resistance at $5.40 as medical cannabis patient totals failed to impress. As the end of 2018 came and went, Aurora Cannabis ( ACB ) was a notable absentee from the deal making in the cannabis market. Just about all of the other major Canadian cannabis players got large investments or signed up powerful partnerships, but the related stocks didn't generally maintain rallies following the deals. Based on the early legalization data in Canada and Oregon, the best option for Aurora Cannabis might actually be selling production capacity while the Canadian market remains hot. Read the full article on Seeking Alpha. Disc...
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