equisights

Bank of America Analyst Sees both Bearish and Bullish implications for amazon after layoffs

The significant round of layoffs Amazon (NASDAQ:AMZN) has made this year are said to be a sign that the e-commerce behemoth is trying to be more efficient in the face of generally reduced growth estimates for 2023. In addition to a round of 18K job cuts disclosed by the business in January, Amazon (AMZN) just […]

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Google\’s AI chatbot Bard makes its public debut in response to threats from Microsoft and OpenAI

Google has responded to competing initiatives from Microsoft and OpenAI by making its AI chatbot Bard available to the general public. Before being introduced to more nations, Bard will be made available to a select group of users in the US and the UK who are on a waiting. The measure is a part of

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Algonquin Power & Utilities Corp. Faces Uncertain Future with Kentucky Power Acquisition

[vc_row][vc_column width=\”1/1\”][vc_column_text]Summary Algonquin Power & Utilities Corp. exceeded Q4-2022 expectations.Capital allocation and 2023 guidance were unsurprising. Short-term, Algonquin Power & Utilities Corp. stock is unpredictable. Analysts are well offside relative to earnings potential, thus we expect more downgrades in the medium future. Hold/neutral for Algonquin Power & Utilities Corp. As investors know, we exclusively provide

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Credicorp : A Lesser-Known Undervalued Latam Finance Play

[vc_row][vc_column width=\”1/1\”][vc_column_text]Credicorp : A Lesser-Known Undervalued Latam Finance Play Summary : Credicorp\’s full-year profitability was boosted by improved results at Universal Banking and Microfinance, a robust rebound on the insurance front, while assets under management decreased due to redemptions. The company\’s net interest income and loan portfolio grew due to its focus on digital transformation,

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Asana CEO Plans to Purchase 30M Shares After Strong Q4 Earnings

[vc_row][vc_column][vc_column_text]Asana, a work management platform, saw its stock surge by 24% following the announcement that CEO Dustin Moskovitz is planning to purchase 30 million shares of the company. The plan is set to begin on March 9, 2023, and will be executed through a 10b5-1 trading plan. Moskovitz stated that he believes Asana\’s shares are

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UpHealth to Sell Innovations Group for $56M, Focusing on Core Offerings and Debt Reduction

[vc_row][vc_column][vc_column_text]UpHealth (NYSE:UPH) announced recently that it has reached a deal to sell Innovations Group to Belmar Pharma Solutions for approximately $56 million. The news has sent UpHealth\’s stock soaring by 11% premarket on Monday. The acquisition covers Innovations Group\’s compounding pharmacy subsidiary, MedQuest Pharmacy, and marks a significant milestone in UpHealth\’s strategy to integrate its

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Energy Fuels Misses Earnings Expectations, Plans for Future Growth

[vc_row][vc_column][vc_column_text]Energy Fuels Inc. (UUUU) recently released its fourth-quarter and full-year 2022 earnings report, which missed earnings expectations by $0.07 and revenue expectations by $4.75 million. The company reported a GAAP EPS of -$0.38 for the year, and a revenue of $12.52 million, which is a significant increase of 293.7% year-over-year. Despite the disappointing earnings, Energy

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Roku Shares Slip After Disclosing 26% of Cash Held at Failed Silicon Valley Bank

[vc_row][vc_column][vc_column_text]Roku Inc. (NASDAQ:ROKU) announced on Thursday that it had held approximately 26% of its cash and equivalents at Silicon Valley Bank (SVB), which failed and was closed down by California last Friday. Following this disclosure, Roku\’s shares slipped by 3.5% in after-hours trading. Of its total cash and equivalents of $1.9 billion, Roku held $487

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YPF reports strong Q4 and record annual net profit driven by higher production and prices

[vc_row][vc_column][vc_column_text]Argentina\’s state-owned oil and gas company, YPF (NYSE:YPF), reported a 69% year-on-year jump in Q4 net profit to $464 million, driven by higher production and prices. Revenues rose by 24% to $4.65 billion during the quarter. The company\’s Q4 crude oil production increased 3% quarter-on-quarter to 232,000 barrels per day, while natural gas output fell

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