Two words you never want to be associated with your company: Hindenburg Research. Hindenburg is famous for betting against companies with their short reports. They famously erased $100B+ in Adani Group’s market value — and exposed EV startup Nikola’s fraud, which led to its CEO’s criminal prosecution. Now they’re back with a 17K+ word report…
Read more
Can AI fix the accountant shortage?
Tax season. Every accountant’s worst nightmare. Jack, audit us like one of your Cayman corporations. Due to a major CPA shortage, accounting firms must choose between overworking their employees or losing potential revenue: Over 300K accountants have quit in the past two years — leaving firms struggling to meet customer demand. One firm interviewed by…
Read more
Small-Cap Quality Stocks: OTC Markets Group
In September, Quality Compounding released a post titled “20 undervalued small cap quality stocks.” It’s a really good starting point for small-cap quality stocks. One stock, in particular, caught our eyes: OTC Markets Group (OTC:OTCM) — the operator of several over-the-counter exchanges and data providers. Some background info: For US investors, many of the major…
Read more
Nubank is feeling brave with plans to launch its own crypto Nucoin
Nubank is the largest Latin American digital bank (a.k.a. neobank). This week, they announced plans to launch their own crypto — Nucoin. Uh oh, is that Matt Damon? You may know one of Nu’s largest shareholders… … Berkshire Hathaway, run by the famous Warren Buffett. Yes, the same Buffett that’s been highly vocal against crypto….
Read more
Card companies and merchants both want a bigger slice of transactions
Two companies Visa (NYSE:V) and Mastercard (NYSE:MA) dominate the global credit card (CC) industry. So when they change their fee structure (which they did in April), everyone has to go along with it. No competition, no options. At the mercy of credit card networks Banks and credit card networks force merchants to pay a portion…
Read more
Monster earnings report from Mercado Libre — the “Amazon” of Latin America
MercadoLibre (NASDAQ:MELI) — the “Amazon” of Latin America — reported a massive quarter that sent its stock up 16% yesterday. Net income jumped 80% from the same year in 2022. Total sales grew 57% (excluding FX impacts) — carried by its fintech arm. What’s the big deal? In North America, payments and e-commerce are two…
Read more
PayPal’s earnings report gives investors lots to look forward to
PayPal (NASDAQ:PYPL) jumped 9% yesterday after giving investors lots to look forward to on its earnings report. PayPal’s earnings and sales came in ahead of expectations, but the big news came from these initiatives: Cost-cutting program — expected to save $900M in costs this year and $1.3B the following year. Share buyback program of $15B….
Read more
Buy now pay later companies greeted with IOUs
Buy now, pay later companies want their money — but they’re finding it harder and harder to collect. Where’s my money? — every BNPL company In 2021, Americans spent $20B on BNPL services (SFGATE) — taking a larger share of the $870B U.S. e-commerce industry. Now, consumers are beginning to see the actual price of…
Read more
Robinhood struggles to find its footing
Robinhood (NASDAQ:HOOD) is at a significant discount from its last year’s peak — and still the trading app isn’t looking too appetizing to investors right now. For those investing using Robinhood to trade, let’s hope its recent performance hasn’t ruined the app for you. Struggling to find a bottom Last week, Robinhood announced extended trading…
Read more
SoFi makes big moves in a big fintech bear market
SoFi (NASDAQ:SOFI) received regulators’ approval to become a bank holding company — sending its stock up 14%. What’s the big deal? Financial super app, SoFi, has been chasing a bank charter for over three years — in order to reduce costs and improve its product offering in investing, banking products and loans . As a…
Read more