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Category: realestateSource: rismediaMay 19th, 2022

Etsy (ETSY) Tops Q2 Earnings and Revenue Estimates

Etsy (ETSY) delivered earnings and revenue surprises of 45.71% and 4.21%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock? Etsy (ETSY) came out with quarterly earnings of $0.51 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.68 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 45.71%. A quarter ago, it was expected that this online crafts marketplace would post earnings of $0.59 per share when it actually produced earnings of $0.60, delivering a surprise of 1.69%.Over the last four quarters, the company has surpassed consensus EPS estimates four times.Etsy, which belongs to the Zacks Internet - Services industry, posted revenues of $585.14 million for the quarter ended June 2022, surpassing the Zacks Consensus Estimate by 4.21%. This compares to year-ago revenues of $528.9 million. The company has topped consensus revenue estimates four times over the last four quarters.The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.Etsy shares have lost about 57.4% since the beginning of the year versus the S&P 500's decline of -17.7%.What's Next for Etsy?While Etsy has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.Ahead of this earnings release, the estimate revisions trend for Etsy: unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #5 (Strong Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.40 on $574.06 million in revenues for the coming quarter and $2.14 on $2.5 billion in revenues for the current fiscal year.Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Internet - Services is currently in the bottom 39% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.Bilibili (BILI), another stock in the same industry, has yet to report results for the quarter ended June 2022.This Chinese video sharing website is expected to post quarterly loss of $0.67 per share in its upcoming report, which represents a year-over-year change of -91.4%. The consensus EPS estimate for the quarter has been revised 2.7% higher over the last 30 days to the current level.Bilibili's revenues are expected to be $736.79 million, up 5.8% from the year-ago quarter. Just Released: Zacks Top 10 Stocks for 2022 In addition to the investment ideas discussed above, would you like to know about our 10 top picks for the entirety of 2022? From inception in 2012 through 2021, the Zacks Top 10 Stocks portfolios gained an impressive +1,001.2% versus the S&P 500’s +348.7%. Now our Director of Research has combed through 4,000 companies covered by the Zacks Rank and has handpicked the best 10 tickers to buy and hold. Don’t miss your chance to get in…because the sooner you do, the more upside you stand to grab.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Etsy, Inc. (ETSY): Free Stock Analysis Report Bilibili Inc. Sponsored ADR (BILI): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksJul 27th, 2022

LendingClub (LC) Q2 Earnings and Revenues Surpass Estimates

LendingClub (LC) delivered earnings and revenue surprises of 9.76% and 10.62%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock? LendingClub (LC) came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 9.76%. A quarter ago, it was expected that this company that connects borrowers and lenders online would post earnings of $0.25 per share when it actually produced earnings of $0.39, delivering a surprise of 56%.Over the last four quarters, the company has surpassed consensus EPS estimates four times.LendingClub, which belongs to the Zacks Financial - Miscellaneous Services industry, posted revenues of $330.06 million for the quarter ended June 2022, surpassing the Zacks Consensus Estimate by 10.62%. This compares to year-ago revenues of $204.38 million. The company has topped consensus revenue estimates four times over the last four quarters.The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.LendingClub shares have lost about 41.1% since the beginning of the year versus the S&P 500's decline of -17.7%.What's Next for LendingClub?While LendingClub has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.Ahead of this earnings release, the estimate revisions trend for LendingClub: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.37 on $306.89 million in revenues for the coming quarter and $1.58 on $1.21 billion in revenues for the current fiscal year.Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial - Miscellaneous Services is currently in the bottom 24% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.Another stock from the same industry, MoneyGram (MGI), has yet to report results for the quarter ended June 2022.This money transfer company is expected to post quarterly earnings of $0.15 per share in its upcoming report, which represents a year-over-year change of +1400%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.MoneyGram's revenues are expected to be $330.15 million, up 0.3% from the year-ago quarter. Just Released: Zacks Top 10 Stocks for 2022 In addition to the investment ideas discussed above, would you like to know about our 10 top picks for the entirety of 2022? From inception in 2012 through 2021, the Zacks Top 10 Stocks portfolios gained an impressive +1,001.2% versus the S&P 500’s +348.7%. Now our Director of Research has combed through 4,000 companies covered by the Zacks Rank and has handpicked the best 10 tickers to buy and hold. Don’t miss your chance to get in…because the sooner you do, the more upside you stand to grab.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report LendingClub Corporation (LC): Free Stock Analysis Report MoneyGram International Inc. (MGI): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksJul 27th, 2022

Cognizant (CTSH) Q2 Earnings Beat Estimates

Cognizant (CTSH) delivered earnings and revenue surprises of 4.59% and 0.32%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock? Cognizant (CTSH) came out with quarterly earnings of $1.14 per share, beating the Zacks Consensus Estimate of $1.09 per share. This compares to earnings of $0.99 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.59%. A quarter ago, it was expected that this information technology consulting and outsourcing firm would post earnings of $1.04 per share when it actually produced earnings of $1.08, delivering a surprise of 3.85%.Over the last four quarters, the company has surpassed consensus EPS estimates four times.Cognizant, which belongs to the Zacks Business - Software Services industry, posted revenues of $4.91 billion for the quarter ended June 2022, missing the Zacks Consensus Estimate by 0.32%. This compares to year-ago revenues of $4.59 billion. The company has topped consensus revenue estimates just once over the last four quarters.The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.Cognizant shares have lost about 23.3% since the beginning of the year versus the S&P 500's decline of -17.7%.What's Next for Cognizant?While Cognizant has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.Ahead of this earnings release, the estimate revisions trend for Cognizant: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $1.17 on $5.09 billion in revenues for the coming quarter and $4.50 on $19.96 billion in revenues for the current fiscal year.Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Business - Software Services is currently in the bottom 15% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.Q2 Holdings (QTWO), another stock in the same industry, has yet to report results for the quarter ended June 2022. The results are expected to be released on August 3.This provider of online banking software is expected to post quarterly earnings of $0.05 per share in its upcoming report, which represents a year-over-year change of -44.4%. The consensus EPS estimate for the quarter has been revised 1.3% lower over the last 30 days to the current level.Q2 Holdings' revenues are expected to be $140.22 million, up 13.5% from the year-ago quarter. Just Released: Zacks Top 10 Stocks for 2022 In addition to the investment ideas discussed above, would you like to know about our 10 top picks for the entirety of 2022? From inception in 2012 through 2021, the Zacks Top 10 Stocks portfolios gained an impressive +1,001.2% versus the S&P 500’s +348.7%. Now our Director of Research has combed through 4,000 companies covered by the Zacks Rank and has handpicked the best 10 tickers to buy and hold. Don’t miss your chance to get in…because the sooner you do, the more upside you stand to grab.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Cognizant Technology Solutions Corporation (CTSH): Free Stock Analysis Report Q2 Holdings, Inc. (QTWO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJul 27th, 2022

Pre-Markets Up Ahead of Fed Announcement

The Dow is +162 points at this hour, the S&P 500 is +36 and the Nasdaq is far ahead of the field: +188 points. Wednesday, July 27, 2022After appearing to hedge against any potential “bad news” from the Fed this afternoon, when its latest monetary policy meeting wraps and the latest interest rate hike is announced, pre-market futures are nicely growing in positive territory this morning: the Dow is +162 points at this hour, the S&P 500 is +36 and the Nasdaq is far ahead of the field: +188 points.There are so many moving pieces surrounding this Fed meeting, compared to the last couple — where we saw hikes of 50 basis points (bps) and 75 bps, respectively: the latter the highest move from the Fed in 28 years — that it’s tough to predict a reaction. What we may assume, despite hesitant headlines to the contrary, is that 75 bps is a lock.Consider the Fed’s somewhat surprising move from 50 bps to 75 bps at its last meeting: after clearly telegraphing a half-point raise for a month, and within the quiet period ahead of every Fed meeting, it was leaked through the press (somehow) that 75 bps was being bandied about. So the raise we saw in June was not much of a surprise to those who were paying attention.No such news item is out prior to the July meeting. This Jay Powell-led Fed, while not perfect, has taken pains to make sure its intentions are made clear ahead of time — the better not to roil the markets. So, along with the interest rate hike which would take Fed funds to 2.25-2.50%, the expiration of Treasury bills and mortgage-backed securities will be taking down (rather slowly) the Fed’s balance sheet. All of these moves are widely expected to continue softening inflation.The Fed pushes pause on new monetary policy meetings until after Labor Day this year; it will have more than a month’s worth of economic data to register whether these moves are having the desired effect on inflation metrics across the economy. Based on what we’ve seen so far, there are significant changes already in the Housing market, among other places. The trick for the Fed will then be to pump the brakes without letting inflation spin out of control again.Durable Goods Orders for June came in well above expectations: +1.9% — more than double the prior month’s +0.8% and significantly beyond the -0.4% a consensus of analysts were looking for. This is the fourth straight up-month for Durable Goods Orders, and its highest month-over-month jump since January. Wholesale Inventories came in +0.4% above estimates, which is now expected to impact tomorrow’s Q2 GDP print.The Boeing Co. BA missed on both top and bottom lines in its Q2 report this morning, with a loss of -37 cents per share well off the -8 cents in the Zacks consensus, and revenues of $16.68 billion -5.87% lower than the $17.72 billion estimate. Yet the aerospace giant seems to have righted its ship regarding new orders — not only with the 737 MAX back online, but upcoming deliveries for the 787, as well. Shares are up over +3% in the pre-market. For more on BA’s earnings, click here.A big beat was delivered by healthcare insurer Humana HUM this morning, with the company beating expectations by +13% on the bottom line, reporting $8.67 per share. Revenues of $23.66 billion in the quarter also surpassed estimates, by +1.16%. Humana shares are +6% year to date, but are giving up a point or more on the news in pre-market activity. For more on HUM’s earnings, click here.After today’s close, we have a big Q2 reporting session as well, with Meta Platforms META, Qualcomm QCOM, Etsy ETSY and Ford F reporting results, among many others. This, of course, will follow the big Fed announcement and subsequent press conference with Jay Powell afterward; look for this around 2pm ET.Questions or comments about this article and/or its author? Click here>> Just Released: Zacks Top 10 Stocks for 2022 In addition to the investment ideas discussed above, would you like to know about our 10 top picks for the entirety of 2022? From inception in 2012 through 2021, the Zacks Top 10 Stocks portfolios gained an impressive +1,001.2% versus the S&P 500’s +348.7%. Now our Director of Research has combed through 4,000 companies covered by the Zacks Rank and has handpicked the best 10 tickers to buy and hold. Don’t miss your chance to get in…because the sooner you do, the more upside you stand to grab.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Boeing Company (BA): Free Stock Analysis Report Ford Motor Company (F): Free Stock Analysis Report QUALCOMM Incorporated (QCOM): Free Stock Analysis Report Humana Inc. (HUM): Free Stock Analysis Report Etsy, Inc. (ETSY): Free Stock Analysis Report Meta Platforms, Inc. (META): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report.....»»

Category: topSource: zacksJul 27th, 2022

Activision (ATVI) to Report Q2 Earnings: What"s in Store?

Activision's (ATVI) second-quarter 2022 results are likely to reflect continued demand for its popular game franchises despite intense competition. Activision Blizzard ATVI is set to report second-quarter 2022 results on Aug 1.The Zacks Consensus Estimate for revenues is pegged at $1.53 billion, indicating a decline of 20.51% from the year-ago quarter’s reported figure.The consensus mark for second-quarter earnings has moved up 2.2% to 46 cents per share in the past 30 days.The company’s earnings beat the Zacks Consensus Estimate in two of the last four quarters and missed the same in two. Activision has a negative trailing four-quarter earnings surprise of 7.66%, on average.Let’s see how things have shaped up prior to this announcement.Activision Blizzard, Inc Price and EPS Surprise Activision Blizzard, Inc price-eps-surprise | Activision Blizzard, Inc QuoteFactors to ConsiderActivision is expected to have benefited from the popularity of its franchises, including Call of Duty (COD), Overwatch, Hearthstone, World of Warcraft, Candy Crush Saga and Candy Crush Friends Saga, in the to-be-reported quarter.The expanding user bases of COD, Hearthstone, World of Warcraft and King’s franchises are expected to have boosted in-game spending, driving net bookings and the top line in the to-be-reported quarter.In the second quarter, the company released Diablo Immortal, an expansion of its most iconic game franchise Diablo. As a massively multiplayer online roleplaying game, Diablo Immortal allows players to experience the game alone or with others. This is expected to have increased active user growth in the to-be-reported quarter.Major game releases like Fractured in Alterac Valley, Hearthstone Mercenaries and Call of Duty: Vanguard in the first quarter are expected to have had a positive impact on the user engagement in the to-be-reported quarter.However, decline in video game spending in the quarter is expected to have reflected on Activision’s top-line growth. Per VentureBeat, which cited NPD data, consumer spending on video games was down 8%, 19% and 11% year over year in April, May and June, respectively.Intensifying competition from game publishers like Take Two Interactive TTWO and Nintendo NTDOY is expected to have hurt Activision’s top line in the second quarter.In the second quarter, Take-Two’s subsidiaries Private Division and Roll7 announced the launch of OlliOlli World: VOID Riders, the first of the two expansions to the skateboarding action-platformer game, OlliOlli World.Nintendo’s recent releases of Mario Strikers: Battle League, available on Nintendo Switch and Fire Emblem Warriors: Three Hopes are expected to have pulled gamers to its platform in the to-be-reported quarter.Major Development in 2022On Jan 18, Microsoft MSFT announced plans to acquire Activision Blizzard.Microsoft will pay $95.00 per Activision share, with the total transaction value being $68.7 billion. The deal is expected to close in the fiscal year 2023.Microsoft, through its decision to acquire this Zacks Rank #3 (Hold) company, showcases its intent to expand its gaming business. Activision’s popular gaming franchises, including the recent launch, will add more titles to Microsoft’s Xbox Console. You can see the complete list of Zacks #1 (Strong Buy) Rank stocks here.Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Just Released: Zacks Top 10 Stocks for 2022 In addition to the investment ideas discussed above, would you like to know about our 10 top picks for the entirety of 2022? From inception in 2012 through 2021, the Zacks Top 10 Stocks portfolios gained an impressive +1,001.2% versus the S&P 500’s +348.7%. Now our Director of Research has combed through 4,000 companies covered by the Zacks Rank and has handpicked the best 10 tickers to buy and hold. Don’t miss your chance to get in…because the sooner you do, the more upside you stand to grab.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Microsoft Corporation (MSFT): Free Stock Analysis Report Activision Blizzard, Inc (ATVI): Free Stock Analysis Report TakeTwo Interactive Software, Inc. (TTWO): Free Stock Analysis Report Nintendo Co. (NTDOY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJul 27th, 2022

Investors Await For Key Fed FOMC Decision

Investors Await For Key Fed FOMC Decision. After appearing to hedge against any potential “bad news” from the Fed this afternoon, when its latest monetary policy meeting wraps and the latest interest rate hike is announced, pre-market futures are nicely growing in positive territory this morning: the Dow is +162 points at this hour, the S&P 500 is +36 and the Nasdaq is far ahead of the field: +188 points.There are so many moving pieces surrounding this Fed meeting, compared to the last couple — where we saw hikes of 50 basis points (bps) and 75 bps, respectively: the latter the highest move from the Fed in 28 years — that it’s tough to predict a reaction. What we may assume, despite hesitant headlines to the contrary, is that 75 bps is a lock.Consider the Fed’s somewhat surprising move from 50 bps to 75 bps at its last meeting: after clearly telegraphing a half-point raise for a month, and within the quiet period ahead of every Fed meeting, it was leaked through the press (somehow) that 75 bps was being bandied about. So the raise we saw in June was not much of a surprise to those who were paying attention.No such news item is out prior to the July meeting. This Jay Powell-led Fed, while not perfect, has taken pains to make sure its intentions are made clear ahead of time — the better not to roil the markets. So, along with the interest rate hike which would take Fed funds to 2.25-2.50%, the expiration of Treasury bills and mortgage-backed securities will be taking down (rather slowly) the Fed’s balance sheet. All of these moves are widely expected to continue softening inflation.The Fed pushes pause on new monetary policy meetings until after Labor Day this year; it will have more than a month’s worth of economic data to register whether these moves are having the desired effect on inflation metrics across the economy. Based on what we’ve seen so far, there are significant changes already in the Housing market, among other places. The trick for the Fed will then be to pump the brakes without letting inflation spin out of control again.Durable Goods Orders for June came in well above expectations: +1.9% — more than double the prior month’s +0.8% and significantly beyond the -0.4% a consensus of analysts were looking for. This is the fourth straight up-month for Durable Goods Orders, and its highest month-over-month jump since January. Wholesale Inventories came in +0.4% above estimates, which is now expected to impact tomorrow’s Q2 GDP print.The Boeing Co. BA missed on both top and bottom lines in its Q2 report this morning, with a loss of -37 cents per share well off the -8 cents in the Zacks consensus, and revenues of $16.68 billion -5.87% lower than the $17.72 billion estimate. Yet the aerospace giant seems to have righted its ship regarding new orders — not only with the 737 MAX back online, but upcoming deliveries for the 787, as well. Shares are up over +3% in the pre-market.A big beat was delivered by healthcare insurer Humana HUM this morning, with the company beating expectations by +13% on the bottom line, reporting $8.67 per share. Revenues of $23.66 billion in the quarter also surpassed estimates, by +1.16%. Humana shares are +6% year to date, but are giving up a point or more on the news in pre-market activity.After today’s close, we have a big Q2 reporting session as well, with Meta Platforms META, Qualcomm QCOM, Etsy ETSY and Ford F reporting results, among many others. This, of course, will follow the big Fed announcement and subsequent press conference with Jay Powell afterward; look for this around 2pm ET. Just Released: Zacks Top 10 Stocks for 2022 In addition to the investment ideas discussed above, would you like to know about our 10 top picks for the entirety of 2022? From inception in 2012 through 2021, the Zacks Top 10 Stocks portfolios gained an impressive +1,001.2% versus the S&P 500’s +348.7%. Now our Director of Research has combed through 4,000 companies covered by the Zacks Rank and has handpicked the best 10 tickers to buy and hold. Don’t miss your chance to get in…because the sooner you do, the more upside you stand to grab.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Boeing Company (BA): Free Stock Analysis Report Ford Motor Company (F): Free Stock Analysis Report QUALCOMM Incorporated (QCOM): Free Stock Analysis Report Humana Inc. (HUM): Free Stock Analysis Report Etsy, Inc. (ETSY): Free Stock Analysis Report Meta Platforms, Inc. (META): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJul 27th, 2022

Travelzoo (TZOO) Misses Q2 Earnings and Revenue Estimates

Travelzoo (TZOO) delivered earnings and revenue surprises of -46.67% and 10.30%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock? Travelzoo (TZOO) came out with quarterly earnings of $0.08 per share, missing the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.22 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -46.67%. A quarter ago, it was expected that this global media commerce company would post a loss of $0.01 per share when it actually produced earnings of $0.19, delivering a surprise of 2,000%.Over the last four quarters, the company has surpassed consensus EPS estimates just once.Travelzoo, which belongs to the Zacks Internet - Commerce industry, posted revenues of $17.69 million for the quarter ended June 2022, missing the Zacks Consensus Estimate by 10.30%. This compares to year-ago revenues of $19.08 million. The company has topped consensus revenue estimates just once over the last four quarters.The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.Travelzoo shares have lost about 30.3% since the beginning of the year versus the S&P 500's decline of -17.7%.What's Next for Travelzoo?While Travelzoo has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.Ahead of this earnings release, the estimate revisions trend for Travelzoo: favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.17 on $20.89 million in revenues for the coming quarter and $0.65 on $80.23 million in revenues for the current fiscal year.Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Internet - Commerce is currently in the bottom 42% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.Booking Holdings (BKNG), another stock in the same industry, has yet to report results for the quarter ended June 2022. The results are expected to be released on August 3.This online booking service is expected to post quarterly earnings of $17.73 per share in its upcoming report, which represents a year-over-year change of +795.3%. The consensus EPS estimate for the quarter has been revised 2.3% lower over the last 30 days to the current level.Booking Holdings' revenues are expected to be $4.35 billion, up 101.3% from the year-ago quarter. Just Released: Zacks Top 10 Stocks for 2022 In addition to the investment ideas discussed above, would you like to know about our 10 top picks for the entirety of 2022? From inception in 2012 through 2021, the Zacks Top 10 Stocks portfolios gained an impressive +1,001.2% versus the S&P 500’s +348.7%. Now our Director of Research has combed through 4,000 companies covered by the Zacks Rank and has handpicked the best 10 tickers to buy and hold. Don’t miss your chance to get in…because the sooner you do, the more upside you stand to grab.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Travelzoo (TZOO): Free Stock Analysis Report Booking Holdings Inc. (BKNG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJul 27th, 2022

MakeMyTrip (MMYT) Tops Q1 Earnings and Revenue Estimates

MakeMyTrip (MMYT) delivered earnings and revenue surprises of 66.67% and 7.29%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock? MakeMyTrip (MMYT) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to loss of $0.22 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 66.67%. A quarter ago, it was expected that this online travel company would post earnings of $0.05 per share when it actually produced earnings of $0.08, delivering a surprise of 60%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.MakeMyTrip, which belongs to the Zacks Internet - Delivery Services industry, posted revenues of $142.73 million for the quarter ended June 2022, surpassing the Zacks Consensus Estimate by 7.29%. This compares to year-ago revenues of $32.83 million. The company has topped consensus revenue estimates just once over the last four quarters.The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.MakeMyTrip shares have added about 0.8% since the beginning of the year versus the S&P 500's decline of -17.7%.What's Next for MakeMyTrip?While MakeMyTrip has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.Ahead of this earnings release, the estimate revisions trend for MakeMyTrip: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.04 on $132.66 million in revenues for the coming quarter and $0.27 on $608.15 million in revenues for the current fiscal year.Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Internet - Delivery Services is currently in the top 16% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.One other stock from the same industry, QuinStreet (QNST), is yet to report results for the quarter ended June 2022. The results are expected to be released on August 3.This online marketing services company is expected to post quarterly earnings of $0.04 per share in its upcoming report, which represents a year-over-year change of -76.5%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.QuinStreet's revenues are expected to be $141.19 million, down 6.6% from the year-ago quarter. Just Released: Zacks Top 10 Stocks for 2022 In addition to the investment ideas discussed above, would you like to know about our 10 top picks for the entirety of 2022? From inception in 2012 through 2021, the Zacks Top 10 Stocks portfolios gained an impressive +1,001.2% versus the S&P 500’s +348.7%. Now our Director of Research has combed through 4,000 companies covered by the Zacks Rank and has handpicked the best 10 tickers to buy and hold. Don’t miss your chance to get in…because the sooner you do, the more upside you stand to grab.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MakeMyTrip Limited (MMYT): Free Stock Analysis Report QuinStreet, Inc. (QNST): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJul 27th, 2022

Factors to Decide the Fate of Colgate (CL) in Q2 Earnings

Colgate's (CL) Q2 results are expected to reflect gains from strong consumer demand, innovation, premiumization, digital growth and robust pricing actions amid rising raw material and logistic costs. Colgate-Palmolive Company CL is expected to register top-line growth when it reports second-quarter 2022 numbers on Jul 29, before the opening bell. The company is expected to deliver sales growth in the to-be-reported quarter.The Zacks Consensus Estimate for revenues is pegged at $4.37 billion, which indicates a rise of 2.5% from the prior-year quarter’s reported figure. The Zacks Consensus Estimate for the company’s earnings is pegged at 71 cents per share, suggesting a decline of 11.3% from the prior-year quarter’s figure. The consensus mark for earnings has been unchanged in the past 30 days.In the last reported quarter, the company reported earnings in line with the Zacks Consensus Estimate. It has delivered an earnings surprise of 0.6%, on average, in the trailing four quarters.ColgatePalmolive Company Price and EPS Surprise  ColgatePalmolive Company price-eps-surprise | ColgatePalmolive Company QuoteKey Aspects to NoteThe leading global consumer products company is expected to have gained from consumer demand for personal care, hygiene and home care products. Colgate has been driving growth via product innovation, in-store implementation and expansion plans. Increased focus on premiumization and digital transformation also bodes well. These are likely to have aided the second-quarter 2022 performance.Colgate’s top-line performance is expected to have benefited from increased product pricing across all regions to combat rising costs.The company has been focused on the premiumization of its Oral Care portfolio through major innovations. Its premium innovation products, including CO. by Colgate, Colgate Elixir toothpaste and Colgate enzyme whitening toothpaste, have been performing well. This is expected to have boosted organic sales growth for its oral care business in the second quarter.Colgate’s Hill's business has been witnessing momentum, which is expected to have delivered sales growth in the second quarter. Strength in Hill's Prescription Diet and Hill's Science Diet has been aiding sales for the segment. The company’s newly launched Prescription Diet Derm Complete has been gaining market share. This is expected to have boosted sales in the second quarter.Expanding product availability through enhanced distribution to newer markets and channels is one of Colgate’s priorities to improve organic sales. The company has been aggressively expanding into faster growth channels, while extending the geographic footprint of its brands. Colgate has also been focused on expanding the availability of its products through the e-commerce channel, as more consumers have been using online services for their essential needs. Gains from the company’s expansion efforts are likely to get reflected in the to-be-reported quarter’s results.However, higher raw material and logistic costs worldwide despite sales growth have been concerning. Each of the company’s segments has been incurring significantly higher raw and packaging material costs. Higher logistics costs have been resulting from volume and capacity constraints in the shipping and logistics industry, higher e-commerce demand, and the impact of the Ukraine war. These headwinds are likely to have continued to impact the second-quarter performance.Moreover, the company has been witnessing a deleverage in advertising and SG&A expenses, which have been weighing on margins. These costs and headwinds are likely to have hurt the bottom-line results in the to-be-reported quarter.What the Zacks Model UnveilsOur proven model does not conclusively predict an earnings beat for Colgate this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.Colgate has a Zacks Rank #3 and an Earnings ESP of -0.33%.Stocks With Favorable CombinationHere are some companies you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat:Corteva CTVA has an Earnings ESP of +0.20% and currently sports a Zacks Rank #1. The company is expected to register top and bottom-line growth when it reports the second-quarter 2022 numbers. The Zacks Consensus Estimate for CTVA’s quarterly revenues is pegged at $6.18 billion, which suggests growth of 9.8% from the prior-year quarter’s reported figure.You can see the complete list of today’s Zacks #1 Rank stocks here.The Zacks Consensus Estimate for Corteva’s quarterly earnings has moved up by a penny in the past seven days to $1.47 per share, suggesting 5% growth from the year-ago reported number. CTVA has delivered an earnings beat of 23.3%, on average, in the trailing four quarters.Hershey HSY has an Earnings ESP of +1.54% and flaunts a Zacks Rank #1 at present. HSY is likely to register top and bottom-line growth when it reports the second-quarter 2022 numbers. The Zacks Consensus Estimate for its quarterly revenues is pegged at $2.22 billion, which suggests growth of 11.7% from the figure reported in the prior-year quarter.The Zacks Consensus Estimate for Hershey’s quarterly earnings has been unchanged in the past 30 days at $1.66 per share, suggesting growth of 12.9% from the year-ago quarter’s reported number. HSY has delivered an earnings beat of 7.9%, on average, in the trailing four quarters.Kellogg's K currently has an Earnings ESP of +2.01% and a Zacks Rank #3. K is anticipated to register top-line growth when it reports the second-quarter fiscal 2022 results. The Zacks Consensus Estimate for Kellogg's quarterly revenues is pegged at $3.64 billion, indicating an improvement of 2.5% from the figure reported in the prior-year quarter.The Zacks Consensus Estimate for Kellogg's bottom line has been unchanged in the past 30 days at $1.05 per share. However, the consensus estimate suggests a decline of 7.9% from the prior-year quarter. K has delivered an earnings beat of 12.8%, on average, in the trailing four quarters.Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Just Released: Zacks Top 10 Stocks for 2022 In addition to the investment ideas discussed above, would you like to know about our 10 top picks for the entirety of 2022? From inception in 2012 through 2021, the Zacks Top 10 Stocks portfolios gained an impressive +1,001.2% versus the S&P 500’s +348.7%. Now our Director of Research has combed through 4,000 companies covered by the Zacks Rank and has handpicked the best 10 tickers to buy and hold. Don’t miss your chance to get in…because the sooner you do, the more upside you stand to grab.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Hershey Company The (HSY): Free Stock Analysis Report ColgatePalmolive Company (CL): Free Stock Analysis Report Kellogg Company (K): Free Stock Analysis Report Corteva, Inc. (CTVA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJul 27th, 2022

Vornado (VNO) to Report Q2 Earnings: What"s in the Cards?

Vornado's (VNO) Q2 earnings are likely to have benefited from the improved U.S. office market scenario. Vornado Realty Trust VNO is scheduled to report second-quarter 2022 results on Aug 1, after the closing bell. The quarterly results are likely to reflect growth in revenues and funds from operations (FFO) per share.In the last reported quarter, this New York-based real estate investment trust’s (REIT) FFO plus assumed conversions, as adjusted, surpassed the Zacks Consensus Estimate by 3.95%. The quarterly results reflect year-over-year growth in same-store net operating income (NOI) across its portfolio.Over the trailing four quarters, Vornado surpassed the Zacks Consensus Estimate on three occasions and missed the mark in one, the average beat being 3.01%. This is depicted in the graph below.Vornado Realty Trust Price and EPS Surprise Vornado Realty Trust price-eps-surprise | Vornado Realty Trust QuoteFactors at PlayPer a Cushman & Wakefield CWK report, for the second quarter, the recovery in the office market has not been consistent across the United States. Although office-using employment increased 1.9% in the first half of 2022, the office absorption rate has been negative in the last eight out of nine quarters. For second-quarter 2022, the U.S. office sector witnessed a negative net absorption of 7.8 million square feet (msf).The Cushman & Wakefield report also highlights that the vacancy trend reflects unevenness across the U.S. office market. On a year-over-year basis, the national vacancy climbed 110 basis points to 17.6% in the second quarter. For the quarter, effective rents decreased 2.4% year over year, while the national asking rent was $37.03.However, there has been a rebound in gross leasing activity, and the four-quarter rolling total leasing is more than 360 msf for the second consecutive quarter. Although there has been improvement in gross leasing, it remains lower than the three-year lead up to the pandemic, wherein the four-quarter rolling leasing averaged 395 msf in 2017-2019.As for Vornado, its portfolio of premium assets in a few select high-rent, high barrier-to-entry markets of New York, San Francisco and Chicago is likely to have benefited from the improving leasing scenario in the office real-estate market post the health crisis.Also, with widespread vaccination drives, the retail market is anticipated to have experienced a rebound. These factors might have led to growth in rental revenues during the second quarter for Vornado.The Zacks Consensus Estimate for second-quarter revenues is pegged at $428.8 million, suggesting 13.2% growth from the year-ago quarter’s reported figure.Also, the Zacks Consensus Estimate for Vornado’s New York property rentals is pegged at $264 million, indicating a 9.5% increase from the prior-year quarter’s reported figure.However, the rising supply of office properties remains a major concern for VNO. It faces intense competition from developers, owners and operators of office properties and other commercial real estates, including sublease space available from its tenants. This affects Vornado’s ability to attract and retain tenants at relatively higher rents than its competitors.Also, with mall traffic still lower than the pre-pandemic levels and a change in the shopping preferences of customers to online retailing, Vornado is less likely to have achieved its full leasing potential in the second quarter.VNO’s activities during the second quarter were not adequate to secure analyst confidence. The Zacks Consensus Estimate for the quarterly FFO per share has moved downward by 2.5% to 79 cents over the past two months. However, the same suggests a 14.5% increase from the prior-year period’s reported number.Earnings WhispersOur proven model does not conclusively predict a positive surprise in terms of FFO per share for VNO this season. The combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or higher — increases the odds of an FFO beat. However, that’s not the case here.Earnings ESP: Vornado has an Earnings ESP of -0.29%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.Zacks Rank: Vornado currently carries a Zacks Rank #4 (Sell).You can see the complete list of today’s Zacks #1(Strong Buy) Rank stocks here.Stocks That Warrant a LookHere are some stocks that are worth considering from the REIT sector as our model shows that these have the right combination of elements to deliver a surprise this reporting cycle:SBA Communications SBAC is slated to release second-quarter earnings on Aug 1. SBAC has an Earnings ESP of +0.95% and a Zacks Rank of 3 at present.American Tower AMT is scheduled to report quarterly figures on Jul 28. AMT has an Earnings ESP of +1.71% and a Zacks Rank of 3 currently.Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.Note: Anything related to earnings presented in this write-up represent funds from operations (FFO) — a widely used metric to gauge the performance of REITs. Just Released: Zacks Top 10 Stocks for 2022 In addition to the investment ideas discussed above, would you like to know about our 10 top picks for the entirety of 2022? From inception in 2012 through 2021, the Zacks Top 10 Stocks portfolios gained an impressive +1,001.2% versus the S&P 500’s +348.7%. Now our Director of Research has combed through 4,000 companies covered by the Zacks Rank and has handpicked the best 10 tickers to buy and hold. Don’t miss your chance to get in…because the sooner you do, the more upside you stand to grab.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report American Tower Corporation (AMT): Free Stock Analysis Report Vornado Realty Trust (VNO): Free Stock Analysis Report SBA Communications Corporation (SBAC): Free Stock Analysis Report Cushman & Wakefield PLC (CWK): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJul 27th, 2022

Factors Likely to Decide Newell"s (NWL) Fate in Q2 Earnings

Higher costs, inflationary pressure and supply-chain woes are likely to have hurt Newell's (NWL) Q2 performance. Online strength, strong demand and core sales growth are likely to have aided. Newell Brands Inc. NWL is expected to witness a year-over-year decline in the top and bottom lines when it reports second-quarter 2022 earnings on Jul 29, before the opening bell.The Zacks Consensus Estimate for second-quarter earnings is pegged at 47 cents, which suggests a decline of 16.1% from the year-ago quarter’s figure. The consensus mark has moved down by a penny in the past seven days. For quarterly revenues, the consensus mark is pegged at $2.56 billion, indicating a decline of 5.5% from the figure reported in the year-ago quarter.In the last reported quarter, the Atlanta, GA-based company delivered an earnings surprise of 33.3%. Its bottom line beat the Zacks Consensus Estimate by 23.3%, on average, in the trailing four quarters.Key Factors to NoteNewell has been witnessing elevated advertising and promotional expenses related to product launches and omni-channel investments. Ongoing inflationary pressures, mainly related to resin, sourced finished goods, transportation and labor, are likely to have been other concerns.Industry-wide supply-chain disruptions, including port congestion, limited container availability, and shortage of labor and truck drivers, remain headwinds. These are likely to have dented its second-quarter performance.However, solid demand, product innovation and robust core sales growth are anticipated to have been upsides. Strength in its e-commerce capabilities, including buy online and pick up in stores, and ship from store, is anticipated to have continued in the to-be-reported quarter.Newell has been witnessing continued improvement in the Writing Business, driven by some accelerated back-to-school orders and robust merchandising plans. Strength in the Sharpie and Paper Mate brands bodes well. The company also remains focused on product innovations in this category. These are expected to have provided some cushion to the top line in the second quarter.On the last reported quarter’s earnings call, management envisioned net sales of $2.52-$2.57 billion for second-quarter 2022, with core sales growth in the low-single digits. The company expected a normalized operating margin of 11.7-12.1% and normalized earnings of 45-48 cents per share.Newell Brands Inc. Price and EPS Surprise   Newell Brands Inc. price-eps-surprise | Newell Brands Inc. QuoteWhat the Zacks Model UnveilsOur proven model doesn’t conclusively predict an earnings beat for Newell this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.Newell currently has a Zacks Rank #3 and an Earnings ESP of -2.47%.Stocks With Favorable CombinationHere are some companies you may want to consider, as our model shows that these have the right combination of elements to deliver an earnings beat.Corteva CTVA has an Earnings ESP of +8.12% and currently sports a Zacks Rank #1. CTVA is anticipated to register top and bottom-line growth when it reports the second-quarter 2022 results. The Zacks Consensus Estimate for Corteva’s quarterly revenues is pegged at $6.2 billion, indicating an improvement of 9.4% from the figure reported in the prior-year quarter.You can see the complete list of today’s Zacks #1 Rank stocks here.The Zacks Consensus Estimate for Corteva’s bottom line has been unchanged in the past 30 days to $1.46 per share. However, the consensus estimate for CTVA suggests growth of 4.3% from the year-ago quarter’s reported figure. CTVA has delivered an earnings beat of 22.3%, on average, in the trailing four quarters.General Mills GIS currently has an Earnings ESP of +0.58% and a Zacks Rank #2. GIS is likely to register top-line growth when it reports first-quarter fiscal 2023 numbers. The Zacks Consensus Estimate for the company’s quarterly revenues is pegged at $4.62 billion, which suggests growth of 1.7% from the figure reported in the prior-year quarter.However, the Zacks Consensus Estimate for General Mills’ quarterly earnings has moved down by a penny in the past 30 days to 98 cents per share, suggesting a decrease of 1% from the year-ago quarter’s reported number. GIS has delivered an earnings beat of 6.5%, on average, in the trailing four quarters.Hershey HSY currently has an Earnings ESP of +1.84% and a Zacks Rank of 3. The company is expected to register top and bottom-line growth when it reports the second-quarter 2022 numbers. The Zacks Consensus Estimate for ADM’s quarterly revenues is pegged at $2.2 billion, which suggests growth of 11.7% from the prior-year quarter’s reported figure.The Zacks Consensus Estimate for Hershey’s quarterly earnings has moved up by a penny in the past 30 days at $1.67 per share, suggesting a 13.6% decline from the year-ago reported number. HSY has delivered an earnings beat of 7.9%, on average, in the trailing four quarters.Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Just Released: Zacks Top 10 Stocks for 2022 In addition to the investment ideas discussed above, would you like to know about our 10 top picks for the entirety of 2022? From inception in 2012 through 2021, the Zacks Top 10 Stocks portfolios gained an impressive +1,001.2% versus the S&P 500’s +348.7%. Now our Director of Research has combed through 4,000 companies covered by the Zacks Rank and has handpicked the best 10 tickers to buy and hold. Don’t miss your chance to get in…because the sooner you do, the more upside you stand to grab.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Newell Brands Inc. (NWL): Free Stock Analysis Report Hershey Company The (HSY): Free Stock Analysis Report General Mills, Inc. (GIS): Free Stock Analysis Report Corteva, Inc. (CTVA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJul 27th, 2022

MercadoLibre (MELI) Earnings Expected to Grow: Should You Buy?

MercadoLibre (MELI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. The market expects MercadoLibre (MELI) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2022. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.Zacks Consensus EstimateThis operator of an online marketplace and payments system in Latin America is expected to post quarterly earnings of $1.68 per share in its upcoming report, which represents a year-over-year change of +22.6%.Revenues are expected to be $2.47 billion, up 45.3% from the year-ago quarter.Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 23.21% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).How Have the Numbers Shaped Up for MercadoLibre?For MercadoLibre, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +16.20%.On the other hand, the stock currently carries a Zacks Rank of #3.So, this combination indicates that MercadoLibre will most likely beat the consensus EPS estimate.Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.For the last reported quarter, it was expected that MercadoLibre would post earnings of $1.66 per share when it actually produced earnings of $1.30, delivering a surprise of -21.69%.Over the last four quarters, the company has beaten consensus EPS estimates two times.Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.MercadoLibre appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.An Industry Player's Expected ResultsAmong the stocks in the Zacks Internet - Commerce industry, eBay (EBAY) is soon expected to post earnings of $0.90 per share for the quarter ended June 2022. This estimate indicates a year-over-year change of -9.1%. This quarter's revenue is expected to be $2.37 billion, down 11.1% from the year-ago quarter.Over the last 30 days, the consensus EPS estimate for eBay has been revised 0.1% down to the current level. Nevertheless, the company now has an Earnings ESP of 0.00%, reflecting an equal Most Accurate Estimate.This Earnings ESP, combined with its Zacks Rank #3 (Hold), makes it difficult to conclusively predict that eBay will beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates three times.Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Just Released: Zacks Top 10 Stocks for 2022 In addition to the investment ideas discussed above, would you like to know about our 10 top picks for the entirety of 2022? From inception in 2012 through 2021, the Zacks Top 10 Stocks portfolios gained an impressive +1,001.2% versus the S&P 500’s +348.7%. Now our Director of Research has combed through 4,000 companies covered by the Zacks Rank and has handpicked the best 10 tickers to buy and hold. Don’t miss your chance to get in…because the sooner you do, the more upside you stand to grab.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MercadoLibre, Inc. (MELI): Free Stock Analysis Report eBay Inc. (EBAY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJul 27th, 2022

Revolve Group (RVLV) Expected to Beat Earnings Estimates: Should You Buy?

Revolve Group (RVLV) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. Revolve Group (RVLV) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2022. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on August 3, 2022, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.Zacks Consensus EstimateThis online women's fashion retailer is expected to post quarterly earnings of $0.30 per share in its upcoming report, which represents a year-over-year change of -28.6%.Revenues are expected to be $294.7 million, up 28.9% from the year-ago quarter.Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 1.43% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).How Have the Numbers Shaped Up for Revolve Group?For Revolve Group, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +1.16%.On the other hand, the stock currently carries a Zacks Rank of #3.So, this combination indicates that Revolve Group will most likely beat the consensus EPS estimate.Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.For the last reported quarter, it was expected that Revolve Group would post earnings of $0.25 per share when it actually produced earnings of $0.30, delivering a surprise of +20%.Over the last four quarters, the company has beaten consensus EPS estimates four times.Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.Revolve Group appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Just Released: Zacks Top 10 Stocks for 2022 In addition to the investment ideas discussed above, would you like to know about our 10 top picks for the entirety of 2022? From inception in 2012 through 2021, the Zacks Top 10 Stocks portfolios gained an impressive +1,001.2% versus the S&P 500’s +348.7%. Now our Director of Research has combed through 4,000 companies covered by the Zacks Rank and has handpicked the best 10 tickers to buy and hold. Don’t miss your chance to get in…because the sooner you do, the more upside you stand to grab.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Revolve Group, Inc. (RVLV): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJul 27th, 2022

Booking Holdings (BKNG) Earnings Expected to Grow: Should You Buy?

Booking Holdings (BKNG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. Booking Holdings (BKNG) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2022. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 3. On the other hand, if they miss, the stock may move lower.While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.Zacks Consensus EstimateThis online booking service is expected to post quarterly earnings of $17.73 per share in its upcoming report, which represents a year-over-year change of +795.3%.Revenues are expected to be $4.35 billion, up 101.3% from the year-ago quarter.Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 2.3% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).How Have the Numbers Shaped Up for Booking Holdings?For Booking Holdings, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +0.67%.On the other hand, the stock currently carries a Zacks Rank of #4.So, this combination makes it difficult to conclusively predict that Booking Holdings will beat the consensus EPS estimate.Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.For the last reported quarter, it was expected that Booking Holdings would post a loss of $0.14 per share when it actually produced earnings of $3.90, delivering a surprise of +2,885.71%.Over the last four quarters, the company has beaten consensus EPS estimates four times.Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.Booking Holdings doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Just Released: Zacks Top 10 Stocks for 2022 In addition to the investment ideas discussed above, would you like to know about our 10 top picks for the entirety of 2022? From inception in 2012 through 2021, the Zacks Top 10 Stocks portfolios gained an impressive +1,001.2% versus the S&P 500’s +348.7%. Now our Director of Research has combed through 4,000 companies covered by the Zacks Rank and has handpicked the best 10 tickers to buy and hold. Don’t miss your chance to get in…because the sooner you do, the more upside you stand to grab.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Booking Holdings Inc. (BKNG): Free Stock Analysis Report To read this article on Zacks.com click here......»»

Category: topSource: zacksJul 27th, 2022

A Beginner’s Guide to Becoming a Real Estate Influencer

In today’s world, social media is king. No matter how big or small a real estate brand, broker or agent may be, to keep up with today’s demographic of buyers and sellers, having a strong presence on social media is a must. But what about those real estate professionals looking to dive a little deeper,… The post A Beginner’s Guide to Becoming a Real Estate Influencer appeared first on RISMedia. In today’s world, social media is king. No matter how big or small a real estate brand, broker or agent may be, to keep up with today’s demographic of buyers and sellers, having a strong presence on social media is a must. But what about those real estate professionals looking to dive a little deeper, expand their reach a little further and ultimately, become an ‘influencer’? Across social media, there are nearly endless opportunities for people, brands and businesses to grow. Influencers are established and passionate leaders who people want to follow and hear from. This fact is no different in the real estate industry. Here is a guide for beginners, laying out the steps you need to take and the work you need to commit to in order to boost your brand, inspire others and build your business, to become a real estate influencer. Develop a brand identity Whether you’re a broker who works for themselves, or an agent working for an established brokerage, having your own brand identity is crucial, even if you aren’t looking to become an influencer. Remember that a brand is more than a logo, and your brand should be personalized to you. Developing a real estate niche is a good place to start your branding journey, however it is not necessary. The key to honing in your brand identity is connecting to and resonating with your audience, who should see you not just as a real estate agent, but a local expert and resource for all things real estate. Check out the series below for a deeper dive into real estate niche marketing on social media! Read: Social Media Tips for Your Real Estate Niche – Part 1: Rentals  Read: Social Media Tips for Your Real Estate Niche – Part 2: Vacation Homes Read: Social Media & Marketing Tips for Your Real Estate Niche – Part 3: FSBO Read: Social Media & Marketing Tips for Your Real Estate Niche – Part 4: Urban Markets Create a social media marketing strategy In today’s landscape, it is crucial to have a social media strategy, whether you are looking to become an ‘influencer’ or not. From the pandemic driving more people online to the new, social media-driven generations entering the market, having a strong social media presence is essential for finding success in this industry. Write down your goals and objectives for becoming an influencer, identify your audience, their interests and pain points, choose the platform(s) where you plan to execute these strategies, and ultimately, curate content and get sharing! Watch: ‘Stop Getting Ready to Get Ready’ – How to Build a Social Media Strategy That Builds Business Increase your engagement In any relationship, communication is key—and this rings especially true when it comes to your social sphere. By interacting with your audience, you are driving up engagement, helping your audience grow in numbers and allowing for your content to be seen by a wider pool. Ask your audience for comments and be sure to respond to them, even if it is just a ‘like’ or a more generic response. Be sure to tag accounts, such as your company’s page, vendors and even other agents, as this will also help boost your engagement, ultimately pushing your content to the top more frequently. The higher your engagement levels, the better the algorithm across social platforms will work to your advantage. Connect with other real estate influencers If you’re looking to become an influencer, what is a better place to get started than researching relevant real estate influencers? Hop onto TikTok, Instagram, Facebook and even Twitter and search for hashtags such as #realestate, #realestatetips, #realestateagent, #realestate, #realestate, #realestate, or any other relevant keywords for your business. Pay attention to their followers and likes, the interaction with their audience and the type of trends and topics covered in their content. This will help inspire your content creation, develop your social media strategy and learn what potential leads are looking for! Just like with leads, prospecting for new connections can be as simple as sending a message. Once you find a real estate influencer on the platform(s) you plan to start your journey, reach out! Direct or private message the real estate professional and share that you are looking to grow your online presence and become an influencer. More likely than not, these agents will be more than willing to help, answer questions or even plan to jump into a live video with you, giving you a chance to reach a new, wider audience. Check out these real estate influencers for inspiration or a new connection on TikTok! Liz Brown, 40.2k Followers – @lizbrownrealtordaily Stephanie Kebede, 85k Followers – @stephaniekebede Sierra Yeager, 94.9k Followers – @sierrayeager Sean Christopher Cochran, 320.2 Followers – @thecowboyofrealestate Harley Maxwell, 350k Followers – @harleymaxwell3 So, you want to be an influencer? Becoming an influencer isn’t easy, and requires a lot of hard work and attention. From sharing educational and entertaining content to being your most genuine and authentic self, you can build your brand, grow your audience and become an influential expert in your market. It is important to monitor your analytics, build partnerships across social media and even pay to promote your posts. Though this may take some time, dedication and the drive to succeed will help get your started on your journey of becoming a real estate influencer. The post A Beginner’s Guide to Becoming a Real Estate Influencer appeared first on RISMedia......»»

Category: realestateSource: rismediaJul 27th, 2022

Are We Headed For A Crypto Winter Recession?

Cryptocurrency professionals are beginning to issue warnings of a forthcoming “crypto winter,” in which interest in cryptocurrency significantly dies down. But are we truly headed for this eventuality? Or, are there causes for optimism that outweighs these predictions? What Is a Crypto Winter? Crypto winter is a relatively new term, and it’s neither a precise […] Cryptocurrency professionals are beginning to issue warnings of a forthcoming “crypto winter,” in which interest in cryptocurrency significantly dies down. But are we truly headed for this eventuality? Or, are there causes for optimism that outweighs these predictions? What Is a Crypto Winter? Crypto winter is a relatively new term, and it’s neither a precise nor an objective one. Essentially, the term is meant to describe a period of downward momentum in the cryptocurrency industry. You can think of it as a bear market applied to the world of crypto. if (typeof jQuery == 'undefined') { document.write(''); } .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Henry Singleton Series in PDF Get the entire 4-part series on Henry Singleton in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q2 2022 hedge fund letters, conferences and more   For several years, cryptocurrencies like Bitcoin have consistently increased in value. They exploded in price as more people entered the market and started talking about cryptocurrency. If investors start to lose interest in these assets, it makes sense that this momentum would reverse. If things get truly bad, it could mean that crypto prices generally plateau at a low level, potentially never returning to their former heights. Of course, the word “winter” implies a seasonality to this era. However, even if cryptocurrency does experience a long and challenging winter period, investors can always look forward to the following spring. Problems Affecting the Crypto World Why are people talking about a crypto winter in the first place? Anyone in the crypto industry should know by now that the prices of many cryptocurrency assets — including flagships like Bitcoin, Ethereum, and Litecoin — have plummeted in recent months. But what are the factors behind this apparent crash? Do these factors potentially lock cryptocurrency into a more prolonged winter in the near future? Investor Panic Possibly the most compelling explanation for the plummet is investor panic. This panic comes from many different places, but the most proximate cause is a significant downturn in the stock market. Despite rallying throughout the COVID-19 pandemic and reaching new all-time highs, the stock market’s momentum has finally reversed and entered bear market territory. This has been concerning for crypto investors for two main reasons. First, it indicates an overall lack of economic stability. Suppose you lost significant money in the stock market, which is commonly considered even safer and more stable than crypto. In that case, you might consider pulling your assets out of many different investments. Second, many investors flocked to crypto because they saw it as a hedge against inflation and an overpriced stock market. So when crypto started declining in value, rather than increasing in response to recent stock market downturns, crypto investors may have seen this as a sign that crypto wasn’t the safe haven they thought it was. For both reasons, investor panic has caused millions of people to sell, perhaps prematurely, resulting in plummeting prices. It remains to be seen how long this panic will remain or if the price of crypto will rebound as people begin to re-enter this perceived safe haven. Inflation The United States is suffering from a massive wave of price inflation. Of course, inflation itself is a complex topic, but the bottom line is that prices are rising across the board without a corresponding increase in worker wages. This is putting a disproportionate burden on many households throughout the country, forcing people to spend more money on housing, groceries, and other necessary goods. With this increased financial burden, people have less money to spend on investments. Lack of New Innovation Thanks in part to a talent shortage, there’s been a lack of new innovation in the cryptocurrency space. Bitcoin has long been the most prominent and most emblematic coin in the crypto world. However, it’s not without its shortcomings — including a massive dependency on energy expenditure to stay running. Without new coins to solve some of these problems and make up for some of these weaknesses, investors may be second-guessing the value of crypto overall. Interest Rate Hikes It doesn’t help that the Federal Reserve has announced plans to increase interest rates gradually over time. For the past couple of decades, the central bank has kept interest rates artificially low in an effort to stimulate economic activity and make money readily available. The downstream effect is that more people enter into leveraged investment positions. As a result, more people are willing to trade frequently. With the federal reserve’s recent reversal, leveraged positions are no longer as feasible, and investors are necessarily more conservative in their investing decisions. Higher Supply The crypto market could also be described as somewhat oversaturated. While the biggest names in the industry haven’t changed much, thousands of new coins have emerged in the past few years, diluting the market, confusing new investors, and giving crypto pessimists a strong reason to leave and never look back. Liquidation With concerns about the short-term and long-term future of cryptocurrency and the economy in general, consumers are increasingly attempting to liquidate their positions. They would rather hold cash, or true safe haven asset classes, than continue holding an asset they believe to be volatile or risky. Contagious Sentiments As more organizations report on falling cryptocurrency prices, the market overall succumbs to contagious sentiments. This happened in reverse in 2017, when Bitcoin exploded in price initially. Most of this momentum is attributable to overhyped news stories. In some ways, the crypto market is much more sensitive to publicity and hype than other markets. Reasons to Be a Crypto Optimist Evidence shows there are many factors influencing recent falls in crypto prices. These factors could very well lead us to the predicted crypto winter to come. However, there are also some very strong reasons to be a crypto optimist. Crypto is the long-term future. “True believer” crypto enthusiasts have never deviated from their viewpoint that crypto is the future. On the contrary, cryptocurrency has always attracted attention because of its decentralized, secure, private, and sound money status. These qualities haven’t gone away. If you believed that cryptocurrency was the future a few years ago, there’s nothing that should change your mind on that front. After winter comes spring. Dropping prices represent buying opportunities. Falling prices aren’t necessarily a bad thing for investors. If you believe that prices will rise again, you can continue holding your current assets without realizing any of your losses. Even better, you can take advantage of this discounted rate and add to your positions. Weak and flawed coins are revealing themselves. Challenging periods in the market often reveal weaknesses in flawed and overhyped assets. Weak and flawed coins are revealing themselves at a record rate, while the toughest and most resilient coins are only suffering modest losses. This is a great learning opportunity for avid coin investors. Reassessing Your Portfolio Wherever you stand on the debate about the near-term future of cryptocurrency, this is an excellent time to reassess your portfolio. If you’re a crypto optimist, this is your chance to pick up some of your favorite coins at rock-bottom prices. If you’re skeptical or concerned about the future, this is your chance to reallocate assets and diversify. No matter what your opinion is or what your takeaways are, there are ways for you to take advantage of this situation as an investor. Article by Peter Daisyme, Due About the Author Peter Daisyme is the co-founder of Palo Alto, California-based Hostt, specializing in helping businesses with hosting their website for free, for life. Previously he was the co-founder of Pixloo, a company that helped people sell their homes online, that was acquired in 2012. Updated on Jul 26, 2022, 4:08 pm (function() { var sc = document.createElement("script"); sc.type = "text/javascript"; sc.async = true;sc.src = "//mixi.media/data/js/95481.js"; sc.charset = "utf-8";var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(sc, s); }()); window._F20 = window._F20 || []; _F20.push({container: 'F20WidgetContainer', placement: '', count: 3}); _F20.push({finish: true});.....»»

Category: blogSource: valuewalkJul 26th, 2022

Trump-endorsed Doug Mastriano, urged to denounce Gab and extremists, endorses far-right Arizona lawmaker instead

The GOP candidate for governor of Pennsylvania is facing criticism from both Republican and Democratic Jewish groups to cut ties with Gab. Left: Arizona state Sen. Wendy Rogers, R-Flagstaff, speaks at a Save America Rally prior to former president Donald Trump speaking Saturday, Jan. 15, 2022, in Florence, Arizona. Right: Pennsylvania Republican gubernatorial candidate Doug Mastriano speaks during a campaign rally at The Fuge on May 14, 2022 in Warminster, Pennsylvania.Left: (AP Photo/Ross D. Franklin, File) Right: (Photo by Michael M. Santiago/Getty Images) Pennsylvania state Sen. Doug Mastriano has endorsed Arizona Republican Wendy Rogers in her reelection bid. Rogers is a far-right conspiracy theorist who recently spoke at a white nationalist conference. Mastriano, who is running for governor, has been criticized by Jewish leaders for his own embrace of antisemites. Doug Mastriano, the Pennsylvania Republican facing criticism for refusing to cut ties with a social media platform popular with Christian nationalists, has endorsed the reelection bid of an Arizona Republican who has welcomed the support of white nationalists and is herself a member of the far-right Oath Keepers militia.In a video posted on her Telegram, Wendy Rogers, a state senator who was censured by her party after appearing at a white nationalist conference earlier this year, touted the endorsement from Mastriano, who is himself running for governor."Thank you, Colonel, for your endorsement!" Rogers wrote. "We are rooting for you in Pennsylvania, too!"Mastriano, in the video posted Monday evening, described the state senator as a "good friend.""We need more champions for freedom like her in office," he said. "She's tough and courageous. She's a brave leader."Rogers, who was also endorsed by former President Donald Trump, is fighting to keep the seat she first won in 2020. On August 2, GOP primary voters will pick between her and state Sen. Kelly Townsend, an ultra-conservative lawmaker who says she launched her primary challenge due to Rogers' open embrace of white nationalists.In February, Rogers spoke at a conference organized by far-right streamer Nick Fuentes, who the Southern Poverty Law Center describes as a "white nationalist live streamer" and "outspoken admirer of fascists." The Anti-Defamation League likewise describes him as a "white supremacist leader." Fuentes, among other things, has claimed the Republican Party "is run by Jews, atheists, and homosexuals."Speaking to Insider's Bryan Metzger, Townsend said she watched a compilation of Fuentes' views after Rogers' participation in the conference was publicized and was "horrified" by what she saw. Previously, Metzger wrote describing Fuentes as "a 23-year-old far-right political commentator who the FBI has identified as a white supremacist and with an online following known as 'Groypers.'"Rogers, far from distancing herself, has embraced so-called "groypers" — deeming her white nationalist audience "patriots" while describing Fuentes as "the most persecuted man in America" — and doubled down on controversy.After Russia's invasion of Ukraine, for example, she attacked President Volodymyr Zelenskyy, who is Jewish, as a "globalist puppet for Soros," along with further antisemitic tropes: "I stand with the Christians worldwide not the global bankers who are shoving godlessness and degeneracy in our face.""I will not apologize for being white," she added the next day.Rogers later suggested that a white man's mass killing of Black shoppers at a supermarket in Buffalo, New York, was a "false flag" attack staged by the federal government.In its censure, the Arizona state Senate, which is led by Republicans, said Rogers had engaged in conduct "unbecoming of a senator, including publicly issuing and promoting social media and video messages encouraging violence."Rogers' membership in the Oath Keepers has also come under increased scrutiny since the paramilitary group's leadership was charged with a seditious conspiracy over their role in the January 6 insurrection.Mastriano criticMastriano, who won a plurality in the GOP primary to become his party's Trump-backed candidate for governor, has himself been criticized for cozying up to far-right extremists and antisemites. His opponent, Pennsylvania Attorney General Josh Shapiro, is Jewish.In a statement, the Shapiro campaign attacked Mastriano for "plunging his campaign deeper into toxic extremism and conspiracy theories.""It's appalling to see Mastriano team up with an out-of-state politician who spends her time with white nationalists and peddles horrific antisemitism, but it's unsurprising – they're two peas in a pod," Manuel Bonder, a spokesperson for the Shapiro campaign, told Insider.Earlier this year, HuffPost reported, Mastriano paid $5,000 in a "consulting" fee to Gab, a social network popular with extremists that was used by the man who murdered 11 Jews at the Tree of Life synagogue in Pittsburgh. Mastriano also sat down for an interview with the site's founder, Andrew Torba, a self-described Christian nationalist who has frequently posted antisemitic tirades."Jewish voters expect candidates to condemn antisemitism, whether it comes from the far left or the far right — and to shun those who espouse it," Matt Brooks, executive director of the Republican Jewish Coalition, said in a statement reported by The Philadelphia Inquirer. "We strongly urge Doug Mastriano to end his association with Gab, a social network rightly seen by Jewish Americans as a cesspool of bigotry and antisemitism."Mastriano did not respond to a request for comment.Have a news tip? Email this reporter: cdavis@insider.comRead the original article on Business Insider.....»»

Category: topSource: businessinsiderJul 26th, 2022

Meet the 2 women mobilizing a team of architects to help design and build abortion clinics nationwide

Experts project that millions plan to flee anti-abortion states to get the procedure — and two architects are responding to the demand. Four images of the exterior of various abortion clinics in the USClockwise from top left: AP Photo/Russ Bynum; AP Photo/Derek Montgomery; AP Photo/Rogelio V. Solis; AP Photo/Derek Montgomery Two women are assembling US architects to design and build abortion clinics nationwide. Lori Brown and Jordan Kravitz expect many to flee anti-abortion states to get the procedure. Brown and Kravitz plan to design most near borders to lessen travel costs for abortion-seekers. After the Supreme Court overturned Roe v. Wade, two women took to Twitter for help. "[I]f you are an architect and are willing to be included on a list to assist abortion clinics in states where abortion remains legal, Jordan Kravitz and i are creating a list," Lori Brown wrote, adding her contact information. "[P]lease let us know. ASAP… spread the call."—lori brown (@lori_a_brown) July 2, 2022 Brown, a professor at the Syracuse University School of Architecture, and Kravitz, a healthcare architect and medical planner, teamed up to field the requests. About 90 architects responded to the call, Brown told Insider. The goal, Brown said, is to mobilize a team of architects who'd be willing to help design and build new clinics in states where abortion is still legal. Now the women have now found themselves at the forefront of what might be the biggest architectural movement in support of reproductive rights. Architects have historically ignored the reproductive health spaceArchitecture is a male-dominated profession. Although nearly half of all US architectural students are women, just 17% of registered architects are female, according to a 2020 report from the American Institute of Architects. "It has been a bit ostracized in the profession," Brown said. "Because [abortion] is so political and politicized in this country, that tends to turn certain populations away from even wanting to think about working on a type of project like this."As a result, according to them, architects have seldom taken on abortion clinic projects. And abortion clinics, which often face threats and demonstrators,  haven't realized that they can turn to architects to help them navigate design and building complexities. A 33-year-old mother of three from central Texas is escorted down the hall by clinic administrator Kathaleen Pittman prior to getting an abortion, Oct. 9, 2021, at Hope Medical Group for Women in Shreveport, Louisiana.Rebecca Blackwell, File/Associated Press"We're trying to mainstream the issues around abortion as a space where architects need to be engaged and working on and helping design," Brown explained. "And then also, for providers to know that there's so many people who are interested and willing to work with them."So far, they're going to keep the list a secret and circulate it only through known abortion online distribution lists and networks to avoid potential harassment or threats. "I have the privilege of being [in] the academy," Brown said. "I'm not reliant on clients for my source of income. So, I won't take a financial hit like a lot of the architects."But "people have to stand up," she added, which is why she and Kravitz started the list in the first place.For now, they'll focus on sending architects to states in which abortion is still legal to avoid wasting resources, Brown said. The goal is also to create a set of guidelines that help future architects design spaces dedicated primarily to reproductive rights and abortion. Currently, no such guidelines exist, Brown said. But she hopes this mobilization effort will help standardize practices for abortion clinics.Preparing for a flood of out-of-state travel Overturning Roe v. Wade means the question of the legality of abortion is now in the hands of individual state legislatures — essentially making the medical procedure illegal or inaccessible in at least 22 states. There could be added restrictions in several others.However, the ruling will not stop people from obtaining an abortion, reproductive rights experts say. To circumvent the new restrictions, people have begun seeking care overseas. Others continue to cross state lines, often taking drastic measures.Recently, for example, a pregnant 10-year-old girl from Ohio fled her home state to Indiana to get an abortion. Earlier this month, 27-year-old Gershon Fuentes confessed to raping the girl, which led to her impregnation.However, there aren't enough abortion clinics in states where the medical procedure still remains legal to be able to effectively respond to the influx. An analysis conducted by the Guttmacher Institute, a pro-choice research and policy group, found that some states may be overburdened. Illinois, for example, is expected to see an influx of more than 8,000%, the group projected. A woman naps, bundled up against the air conditioning, as she waits to have an abortion, Saturday, Oct. 9, 2021, at Hope Medical Group for Women in Shreveport, La.Associated Press/Rebecca BlackwellAlso, traveling out of state is expensive and unattainable for many people. Some Americans might shell out as much as $10,000 to cross state lines and receive an abortion, as Insider previously reported, which often includes the cost of the procedure, hotel, transportation, and other expenses such as childcare or food.In their plan, Brown and Kravitz are anticipating an influx of patients."I firmly believe that because of this, there's just not enough abortion clinics in the states where abortion is remaining legal to provide services for all of these women that need them, so they're going to have to build," Kravitz told Insider. "They're going to have to expand these spaces." The two want to design clinics near state borders to shorten the traveling time to seek an abortion, Kravitz said.How architects can support and bolster abortion clinicsArchitects are useful to abortion providers, the women said, because they can think about implementing safeguards, improving the patient experience, and staying in compliance with local laws and regulations. Safeguards can include the establishment of secure passageways for patients to walk through to minimize or avoid harassment from anti-choice protesters. Other safeguards can be having separate entrance and exits so people who've had an abortion aren't harassed when they leave. "Because everyone knows what's happened when you exit," Brown said.Other times, architects can suggest implementing bulletproof windows to deter or prevent potentially dangerous situations. However, since there are no standardized guidelines for architects to follow, these safeguards aren't universal practices when it comes to establishing abortion clinics. But part of an architect's job is to foresee the patient's experience and design elements that cater to it. That's particularly why it's so important for women to be involved in healthcare architecture, especially when setting up abortion clinics, Kravitz and Brown said. "Abortion is healthcare, and we should be, especially in the architecture, design, and healthcare world … talking about abortion clinics the same as we talk about dental clinics or hospital patient towers," Kravitz said.Architects also can interpret zoning laws and fight against rules that don't make sense for an abortion clinic.They can, for example, review specific laws and ordinances that make it harder to establish an abortion clinic and make the argument that they don't need to adhere to them.These rules are frequently called Targeted Regulation of Abortion Providers, or TRAP laws, according to the Guttmacher Institute, and critics argue they're imposed to curtail the abilities of an abortion clinic. The laws "go beyond what is necessary to ensure patient safety," the Institute says. So architects can help navigate that space, according to Brown and Kravitz.Some of these laws take the form of "building code standards that do not improve the health and safety of women's care," Brown said. "And one of the things to note is that those groups making these changes in building codes are most often, there's no architects there. It's most often people who have very little expertise in the build environment."The goal of an architect in the reproductive healthcare space is to guide abortion providers through a seamless process of establishing a clinic.Workers at a family planning clinic watch as thousands of abortion rights demonstrators march past their clinic chanting support on their way downtown on May 14, 2022 in Chicago, Illinois.Scott Olson/Getty Images"We are particularly well-suited to be able to read and understand building codes, and also, to argue and advocate for ones that are sensible and ones that are only political," Brown said. "A lot of these TRAP laws are political kinds of building codes that aren't necessary and should not exist."But because the design of abortion clinics is so rarely talked about in the architecture community, Brown and Kravitz said, this kind of pushback against regulators and officials seldom happens."The architecture community itself has remained relatively silent about abortion and architecture," Kravitz said. It's the hope of Kravitz and Brown that this mobilization effort will at least begin to challenge the stigma of abortion and reproductive rights within architecture."Architecture needs to participate more broadly in the spaces of everyday life," Brown said. "And abortion is one of those spaces where we have been absent and we have a lot to contribute."Read the original article on Business Insider.....»»

Category: worldSource: nytJul 25th, 2022

The Talented Mr. Pottinger: The US Intelligence Agent Who Pushed Lockdowns

The Talented Mr. Pottinger: The US Intelligence Agent Who Pushed Lockdowns Authored by Michael Senger via 'The New Normal' Substack, In 1948, the US House of Representatives received a tip from a man named Whittaker Chambers that several federal officials had been working for the communists. One of these officials was more than happy to appear before Congress to clear his name—a leading State Department and United Nations representative named Alger Hiss. The rakish Hiss was the exemplary American statesman: Polite, pedigreed, well-spoken, and a Harvard man to boot. During the 1945 United Nations conference, the Chinese delegation had proposed the creation of a new international health organization. After the Chinese failed to get a resolution passed, Hiss recommended establishing the organization by declaration, and the World Health Organization was born. In Congress, Hiss coolly denied the allegations and denounced his deadbeat accuser for the libelous claims. The House came away newly reassured that the State Department was in excellent hands. (Spoiler alert: He was then and always had been a communist.) The next year, intelligence leaks from the federal service led to the Soviet Union’s first successful nuclear test, ending the security afforded by America’s nuclear monopoly 15 years earlier than experts expected. Shortly thereafter, Kim Il-Sung and Chairman Mao used the cover of Soviet nuclear weapons to invade South Korea. The ensuing war claimed over 3 million lives and resulted in the permanent recognition of the nation of North Korea. Around this time, a little-known Congressman from California’s 12th district named Richard M. Nixon pressed Chambers for more information. Chambers reluctantly led Tricky Dick to a package of State Department materials he had hidden in a pumpkin patch—including notes in Hiss’s own writing. Alger Hiss became the most high-level American official ever convicted in connection with working for the communists. 2022 To be honest, I barely knew who Matt Pottinger was until I read that he’d appointed Deborah Birx as White House Coronavirus Response Coordinator in her bizarrely self-incriminating memoir Silent Invasion, which reads like it was written by the Chinese Communist Party itself. There’s little information about Pottinger’s role in Covid online. Yet Pottinger is portrayed as a leading protagonist in three different pro-lockdown books on America’s response to Covid-19: The Plague Year by the New Yorker’s Lawrence Wright, Nightmare Scenario by the Washington Post’s Yasmeen Abutaleb, and Chaos Under Heaven by the Washington Post’s Josh Rogin. Pottinger’s singularly outsized role in pushing for alarm, shutdowns, mandates, and science from China in the early months of Covid is extremely well-documented. Pottinger’s enormous influence during Covid is especially surprising not only because of his absence from online discussion about these events, but because of who he is. The son of leading Department of Justice official Stanley Pottinger, Matt Pottinger graduated with a degree in Chinese studies in 1998 before going to work as a journalist in China for seven years, where he reported on topics including the original SARS. In 2005, Pottinger unexpectedly left journalism and obtained an age waiver to join the US Marine Corps. Over several tours in Iraq and Afghanistan, Pottinger became a decorated intelligence officer and met General Michael Flynn, who later appointed him to the National Security Council (NSC). Pottinger was originally in line to be China Director, but Flynn gave him the more senior job of Asia Director. Despite being new to civilian government, Pottinger outlasted many others in Trump’s White House. In September 2019, Pottinger was named Deputy National Security Advisor, second only to National Security Advisor Robert O’Brien. Pottinger is best known as a China hawk, but a smart and sophisticated one. He’s been ahead of the curve in calling out China’s increasingly aggressive geopolitical stance, articulating this challenge with near-perfect eloquence. As Politico writes, “While hawks like Bannon love his tough views toward China, even Democrats call his views basically mainstream. Still, some foreign policy experts…wonder what a nice guy like him is doing in a place like this.” “He’s a very effective bureaucratic player, which is saying something because he’s never had a policy job before,” the New York Times agreed. “Matt has an extraordinary sense of caution that, ‘Let’s not push something unless the president clearly has approved it.’ This is different from other members of White House staff,” the Washington Post admired. While many Trump administration officials have floundered since Trump left the White House, “things are going well for Pottinger,” Vox gushed. “[T]hat subject matter expertise—plus the patina afforded by resigning on January 6—has helped Pottinger, a former journalist, expertly navigate the post-Trump landscape. He even emerged as the White House hero of the initial Covid-19 chaos in New Yorker writer Lawrence Wright’s chronicle of The Plague Year… One reason that Matt Pottinger was welcomed back into the establishment is that, unlike some of Trump’s unconventional appointees, he had already been a part of the elite.” From the center-right to the center-left and the far right to the far left, it’s tough to find anyone on the Beltway short on praise for Matt Pottinger. Everything about Pottinger is silky smooth. Between the lines of glowing coverage are not-so-subtle winks and nudges that he’d make an excellent candidate for higher office. 2020 1. Ratcheting Up Alarm via “Asymptomatic Spread” In January 2020, Pottinger unilaterally called meetings and ratcheted up alarm about the new coronavirus in the White House based on information from his own sources in China, despite having no official intelligence to back up his alarmism, breaching protocol on several occasions. In Washington, Matt Pottinger was first made aware of the new coronavirus after China’s CDC Director called US CDC Director Robert Redfield to report it on January 3, 2020. According to Pottinger, he grew increasingly alarmed due to the rumors he saw on Chinese social media. As Wright reports: He was struck by the disparity between official accounts of the novel coronavirus in China, which scarcely mentioned the disease, and Chinese social media, which was aflame with rumors and anecdotes. Pottinger therefore authorized the first interagency meeting on the coronavirus based on these social media reports. There was no official intelligence to prompt the meeting. On January 14, Pottinger authorized a briefing for the NSC staff by the State Department and the Department of Health and Human Services, along with CDC director Redfield. That first interagency meeting to discuss the situation in Wuhan wasn’t prompted by official intelligence; in fact, there was practically none of that. On January 27, 2020, Trump’s staff attended the first full meeting on the coronavirus in the White House Situation Room. Unbeknownst to those in attendance, Pottinger had unilaterally called the meeting. Others urged calm, but Pottinger immediately began pushing for travel bans. As Abutaleb writes: Few people in the room knew it, but Pottinger had actually called the meeting. The Chinese weren’t providing the US government much information about the virus, and Pottinger didn’t trust what they were disclosing anyway. He had spent two weeks scouring Chinese social media feeds and had uncovered dramatic reports of the new infectious disease suggesting that it was much worse than the Chinese government had revealed. He had also seen reports that the virus might have escaped from a lab in Wuhan, China. There were too many unanswered questions. He told everyone in the Sit Room that they needed to consider enacting a travel ban immediately: ban all travel from China; shut it down… [Pottinger] spent several days calling some of his old contacts in China, doctors who would tell him the truth. And they had told him that things were bad—and only going to get worse. Pottinger’s discourse was measured but he conveyed the gravity of the threat. He said that the virus was spreading fast. He said that dramatic actions would need to be taken, which was why the government should consider banning travel from China to the United States until it had a better understanding of what was going on. As he continued, people sat up in their chairs. This was not the “we’ve got everything handled” message that Azar had conveyed just minutes earlier. As Wright documents, the health officials thought travel restrictions would be futile. Predictably, the public health representatives were resistant, too: viruses found ways to travel no matter what. Moreover, at least 14,000 passengers from China were arriving in the U.S. every day; there was no feasible way to quarantine them all. These arguments would join a parade of other public health verities that would be jettisoned during the pandemic. Among those present, Chief of Staff Mick Mulvaney appears to have been the only one to express skepticism of Pottinger’s information. As Abutaleb writes: Mulvaney intervened to wrap things up. He could tell that Pottinger and a few others were calling for a dramatic change, one that was an anathema to his libertarian instincts. He was pretty skeptical of Pottinger’s “sources” in China, too. They weren’t going to be setting US policy based on what someone had heard from their “friend” thousands of miles away. Mulvaney reiterated that they would reconvene the next day to discuss matters again before anything was settled. He warned attendees not to leak any details of the meeting to the media. The next morning, January 28, 2020, Pottinger says he spoke to a doctor in China who told him the new coronavirus would be as bad as the 1918 Spanish flu, and that half the cases were asymptomatic. As Rogin writes: The next morning, Pottinger had a conversation with a very high-level doctor in China, one who had spoken with health officials in several provinces, including Wuhan. This was a trusted source who was in a position to know the ground truth. “Is this going to be as bad as SARS in 2003?” he asked the doctor, whose name must remain secret for his own protection. “Forget SARS in 2003,” the doctor replied, “this is 1918.” The doctor told Pottinger half the cases were asymptomatic and the government must have known all about it. Later that same day, National Security Advisor Robert O’Brien brought Pottinger into the Oval Office, where he seized the first opportunity to repeat to the President what the doctor in China had told him that morning. “This is the single greatest national security crisis of your presidency and it’s now unfolding,” O’Brien told the president. “It’s going to be 1918,” Pottinger told Trump. “Holy fuck,” the president replied. Wright goes into more detail on this meeting, in which Pottinger interjected to alarm the President: Later that day, the national security adviser, Robert O’Brien, brought Pottinger into the Oval Office, where the president was getting his daily intelligence briefing. Far down the list of threats was the mysterious new virus in China. The briefer didn’t seem to take it seriously. O’Brien did. “This will be the biggest national security threat you will face in your presidency,” he warned. “Is this going to be as bad or worse than SARS in 2003?” Trump asked. The briefer responded that it wasn’t clear yet. Pottinger, who was sitting on a couch, jumped to his feet. He had seen enough high-level arguments in the Oval Office to know that Trump relished clashes between agencies. “Mr. President, I actually covered that,” he said, recounting his experience with SARS and what he was learning now from his sources—most shockingly, that more than half of the spread of the disease was by asymptomatic carriers. China had already curbed travel within the country, but every day thousands of people were traveling from China to the U.S.—half a million in January alone. “Should we shut down travel?” the president asked. “Yes,” Pottinger said unequivocally. That same day, Pottinger and the White House staff reconvened in the Situation Room. Pottinger recalls that he’d been especially inspired into action by Xi Jinping’s lockdown of Wuhan and by the hospital that the CCP claims to have built in 10 days, but did not actually build. As Abutaleb reports: A few hours later, Pottinger and other government officials filed back into the Situation Room. Pottinger knew he was going to be outnumbered. Mulvaney and his allies didn’t want to allow the NSC to do anything that might be too disruptive. Blocking travel from China would be an unprecedented intervention. And over what? Five cases of the sniffles in the United States?… On January 23, China announced that it was locking down Wuhan, a city of 11 million people. The shutdown was extended to several more cities in the coming days, with travel prohibited inside much of the country. Tens of millions of people were effectively locked in their homes. The Chinese were rapidly building an entire hospital in Wuhan that was completed within days. Everyone in the country was wearing a mask. People in hazmat suits took passengers’ temperatures before anyone was allowed into the subway. China had gone from reluctantly admitting that there had been a few cases of person-to-person spread to shutting down the world’s second largest economy. If the virus had brought the world’s most populous country to a standstill, some top US officials, especially Pottinger, knew they should be doing more. As Deputy National Security Advisor, Pottinger was supposed to “avoid arguing forcefully for any particular outcome,” so he brought Peter Navarro to make his arguments for him. Abutaleb continues: But as deputy national security advisor, Pottinger was in an awkward position. He was supposed to be chairing the meeting, which meant that his job was to solicit input from others in the room and avoid arguing forcefully for any particular outcome. That fact tied his hands. He needed someone else to make the more pointed parts of his argument for him. Someone who would stand up to everyone else in the room unflinchingly. He knew just the person: a reviled troublemaker named Peter Navarro, the director of the White House National Trade Council… Pottinger’s plan to use Navarro as his mouthpiece seemed to work initially, but then Navarro kept going. And going… They needed to ban travel, and they needed to do it now. Pottinger had been waiting for an opening. He told his colleagues that he had come across some alarming information: Chinese officials were no longer able to contact trace the virus. In other words, it was so widespread that they couldn’t determine where people had contracted it. And he relayed the Chinese suspicions about asymptomatic spread: people who seemed perfectly healthy were transmitting the virus, not just in China but potentially everywhere, including in the United States. Once again, Mulvaney was skeptical of Pottinger. Three months prior, Navarro had been caught citing himself as an expert source using the pseudonym “Ron Vara”: Mulvaney couldn’t believe what he was witnessing. Pottinger and Navarro had nearly pulled off a policy ambush. “Look,” Mulvaney told someone at the meeting, “I’ve got Pottinger with a friend of his in Hong Kong as a source. I’ve got Navarro, who makes up his sources, and then on the other side of the equation I’ve got Kadlec and Fauci and Redfield, three experts, who say not to shut down flights just yet.” A health expert pointed out that the statistic Pottinger had reported from the doctor in China about asymptomatic spread couldn’t be true. One of the government health experts pulled Pottinger aside. The stat Pottinger had cited, the one about half of all people with the virus being asymptomatic, there’s just no way that can be true, the person said. No one has ever heard of a coronavirus similar to SARS or MERS whose spread can be driven in part by asymptomatic carriers. That would be a game changer. On February 1, Mulvaney tried to rein Pottinger in. As Rogin reports: Concerned about the political implications, Mulvaney tried to rein in Pottinger. He took O’Brien aside and told him, “You’ve got to get Pottinger under control.” Pottinger was too young, Mulvaney said, and too immature to be deputy national security adviser. Mulvaney was among the most skeptical of all the White House officials that the virus threat was real. In late February, as the markets tanked, Mulvaney said the media was exaggerating the threat in an effort to bring down President Trump, calling it the “hoax of the day.” As he prepared the White House’s first budget to respond to the emerging crisis, Mulvaney pegged the total cost at $800 million. (Mulvaney was pushed out in early March.) 2. Pottinger’s Crusade for Universal Masking In February 2020, Pottinger, who has no background in science or public health, began a months-long campaign to popularize universal masking and travel quarantines in response to the coronavirus based on information from his own sources in China. Beginning in February 2020, Pottinger began a crusade for Americans to adopt universal masking in response to the new coronavirus based on recommendations from his own sources in China. As Abutaleb writes: Back in February, Matt Pottinger had relayed what he had hoped would be received as good news by the Coronavirus Task Force. His contacts in China had found a way to significantly slow the virus’s spread: face coverings. Pottinger began wearing a mask to work in early March to convince his White House colleagues to take up the practice. A mask, however, could significantly stem transmission, Pottinger argued. If people’s noses and mouths were covered, they would emit far fewer respiratory droplets, lowering the risk of infecting others. Pottinger began wearing a mask to work in early March. But he didn’t wear a simple cloth face covering; he wore what other White House aides thought was a gas mask. He looked like a lunatic, some snickered, and it reinforced his reputation as an alarmist. One staffer described him as “being at a hundred” as early as January (on a scale of 1 to 10 in terms of concern). Pottinger, who has no background in science or public health, pushed for mask mandates in the White House and for staff to be quarantined if they traveled outside Washington. Having lived in China during the SARS outbreak, he saw the importance of the speed with which Asian countries had mobilized. In early February, he recommended that NSC staffers who traveled outside Washington—even to other parts of the United States—quarantine before returning to work. He also wanted NSC staff to telework when possible, limit in-person meetings, restrict the number of people who could be in a room at one time, and be required to wear masks. That struck many White House aides as absurd. There were just a handful of known cases at the time; the virus was barely a blip on most people’s radars. No one else was changing their workplace standards… Pottinger urged the adoption of universal masking as had been ordered by “governments in China, Taiwan, and Hong Kong.” Pottinger pointed to a handful of Asian countries where the use of face coverings was universal. The governments in China, Taiwan, and Hong Kong had ordered their citizens to wear masks with seemingly indisputable results. Pottinger saw no “downside” in universal masking, though there was no data and research to show it was effective. Pottinger’s heart sank as he saw the tweet and the ensuing messages. What was the downside in having people cover their faces while they waited for more data and research about how effective masks might be? Pottinger proposed delivering a mask to every mailbox in America. As Wright reports: Pottinger and Robert Kadlec, an assistant secretary at Health and Human Services, came up with an idea to put masks in every mailbox in America. Hanes, the underwear company, offered to make antimicrobial masks that were machine washable. “We couldn’t get it through the task force,” Pottinger told his brother. “We got machine-gunned down before we could even move on it.” Masks were still seen as useless or even harmful by the administration and even public health officials. Matt Pottinger’s crusade for the adoption of universal masking based on information from his own sources in China is especially peculiar because, as of the time of this writing, though there are hundreds of pictures of Pottinger online, there does not appear to be a single one in which he is wearing a mask anywhere on the Internet. 3. Popularizing Shutdowns In January 2020, Pottinger popularized shutdowns within the White House using a dubious study on the 1918 flu pandemic comparing outcomes between Philadelphia and St. Louis, a month before this study received any significant media attention. If you live in the United States, you probably remember the ludicrous study that made the rounds among major media outlets in March 2020 comparing outcomes in Philadelphia and St. Louis during the 1918 Spanish flu. According to the study, St. Louis canceled its annual parade, closed schools, and discouraged gatherings in 1918, while Philadelphia did not, so Philadelphia was punished when thousands of residents died of flu over the coming weeks. Therefore, these media outlets argued, it somehow logically followed that we should shut down the entire United States economy in 2020. One man who was several weeks ahead of media outlets in citing this claptrap was Matt Pottinger. As Wright reports, Pottinger began popularizing the idea of shutdowns within the White House by circulating this study among his White House colleagues on January 31, 2020. Matt Pottinger handed out a study of the 1918 flu pandemic to his colleagues in the White House, indicating the differing outcomes between the experiences of Philadelphia and St. Louis—a clear example of the importance of leadership, transparency, and following the best scientific counsel. 4. Appointing Deborah Birx as White House Coronavirus Response Coordinator Beginning in January 2020, Pottinger began petitioning for Deborah Birx to be appointed as White House Coronavirus Response Coordinator. Birx then embarked on a months-long scorched earth campaign for lockdowns that were as long and strict as possible across the United States. On January 28, 2020, Pottinger began to reach out to Deborah Birx to have her come to the White House to lead the response to the Coronavirus. As Birx recalls in her book: On January 28, after meeting with Erin Walsh to solidify the planning and schedule for the upcoming African Diplomatic Corps State Department meeting, I received a text from Yen Pottinger. Aside from being the wife of my friend Matt, the deputy national security advisor, Yen was also a former colleague at the CDC and a trusted friend and neighbor… Matt had apologized for the short notice and said he hoped we could meet face-to-face. Yen arranged so that I could meet him in the West Wing, and once we were both there, Matt got to the point quickly. He offered me the position of White House spokesperson on the virus. Abutaleb goes into more detail on Birx’s relationship with Pottinger. Pottinger was married to one of Birx’s subordinates who’d developed a widely-used HIV test at the CDC. [Birx] made a number of powerful connections along the way. When she became head of the CDC’s Division of Global HIV/AIDS, one of her subordinates was a bright virologist named Yen Duong, who developed a widely used HIV test while working at the agency. Duong would eventually marry a Wall Street Journal reporter turned marine named Matt Pottinger, a connection that would eventually bring Birx into Trump’s orbit. According to Pottinger and Birx, he pleaded with her over several weeks to head the Coronavirus Task Force, and she reluctantly agreed. The hero we didn’t need. As Birx recalls in her book: It is March 2, 2020. I’ve just flown in overnight from South Africa to take on the role of response coordinator for the White House Coronavirus Task Force, a job I didn’t seek but felt compelled to accept. I’m physically tired but mentally alert. After weeks of urging from Matthew Pottinger— President Trump’s deputy national security advisor, a task force member himself, and the husband of a former colleague and friend of mine—I finally gave in to Matt’s request that I come on board to help with the response to the coronavirus outbreak… Matt Pottinger, was one of the good ones in the Trump White House. A former journalist turned highly-decorated U.S. Marine who served as an intelligence officer for part of his time, Matt had deep experience in China (including during the 2002–2003 SARS outbreak there) and was fluent in Mandarin. Matt took a position in the National Security Council in the earliest stage of the Trump administration, while still serving in the Marine Reserves. As documented in her bizarre tell-all book, which received uniquely excellent reviews from Chinese state media, Birx then embarked on a months-long, largely clandestine, scorched-earth crusade to orchestrate lockdowns that were as long and strict as possible across the United States. These lockdowns ultimately killed tens of thousands of young Americans while failing to meaningfully slow the spread of the coronavirus everywhere they were tried. By her own admission, she lied, hid data, and manipulated the president’s administration to drive consent for lockdowns that were stricter than the administration realized until finally stepping down soon after breaking her own travel guidance to visit her family for Thanksgiving in November 2020. No sooner had we convinced the Trump administration to implement our version of a two-week shutdown than I was trying to figure out how to extend it. Fifteen Days to Slow the Spread was a start, but I knew it would be just that. I didn’t have the numbers in front of me yet to make the case for extending it longer, but I had two weeks to get them. However hard it had been to get the fifteen-day shutdown approved, getting another one would be more difficult by many orders of magnitude. In October 2020, while visiting Utah, Pottinger admired his handiwork in appointing Birx. Wright reports: Utah had just hit a record high number of new cases. On the ride, an alarm sounded on Pottinger’s cell phone in the saddlebag. It was an alert: “Almost every single county is a high transmission area. Hospitals are nearly overwhelmed. By public health order masks are required in high transmission areas.” Pottinger thought, “Debi must have met with the governor.” 5. Promoting Mass Testing Sometime in February 2020, Pottinger, who has no background in science or public health, appears to have promoted within the White House the idea of mass testing for the coronavirus. Wright recounts: At a Coronavirus Task Force meeting, Redfield announced that the CDC would send a limited number of test kits to five “sentinel cities.” Pottinger was stunned: five cities? Why not send them everywhere? He learned that the CDC makes tests, but not at scale. For that, you have to go to a company like Roche or Abbott—molecular testing powerhouses which have the experience and capacity to manufacture millions of tests a month. Using the standard PCR cycle thresholds of 37 to 40 later provided in the testing guidance published by the WHO, approximately 85% to 90% of these cases were false positives, as later confirmed by The New York Times. 6. Endorsing Remdesivir In March 2020, Pottinger appears to have endorsed use of the drug remdesivir as a possible Covid therapy based on information from a doctor in China. Wright reports: In the early morning of March 4, as Matt Pottinger was driving to the White House, he was on the phone with a source in China, a doctor. Taking notes on the back of an envelope while holding the phone to his ear and navigating the city traffic, Pottinger was excited by all the valuable new information about how the virus was being contained in China. The doctor specifically mentioned the antiviral drug remdesivir. The health outcomes of remdesivir remain unknown, but no benefit to the mortality of its recipients has been proven. 7. Pushing Intelligence to Believe Covid Came From a Lab Pottinger has continually promoted the idea that the coronavirus came from a lab, and specifically prodded the US intelligence community to do the same, regardless of evidence, while urging the global adoption of China’s virus containment measures. In January 2020, Pottinger began directly prodding the CIA to look for evidence that the coronavirus came from a lab in Wuhan, China. As the New York Times disclosed: With his skeptical—some might even say conspiratorial—view of China’s ruling Communist Party, Mr. Pottinger initially suspected that President Xi Jinping’s government was keeping a dark secret: that the virus may have originated in one of the laboratories in Wuhan studying deadly pathogens. In his view, it might have even been a deadly accident unleashed on an unsuspecting Chinese population. During meetings and telephone calls, Mr. Pottinger asked intelligence agencies—including officers at the C.I.A. working on Asia and on weapons of mass destruction—to search for evidence that might bolster his theory. They didn’t have any evidence. Intelligence agencies did not detect any alarm inside the Chinese government that analysts presumed would accompany the accidental leak of a deadly virus from a government laboratory. But Mr. Pottinger continued to believe the coronavirus problem was far worse than the Chinese were acknowledging. Though the CIA did not return any evidence to support his theory, Pottinger has continued to promote the conclusion that the coronavirus leaked from the Wuhan lab, despite quietly admitting that the virus was not man-made or genetically modified. As CBS reported in its interview on February 21, 2021: MARGARET BRENNAN: U.S. intelligence has said COVID, according to wide scientific consensus, was not man-made or genetically modified. You are not in any way alleging that it was, are you?  MATT POTTINGER: No. Much of the initial alarm that Covid might be a supervirus from the Wuhan lab arose because of the frightening videos of Wuhan residents spontaneously dying in January 2020, and because Xi Jinping decided to shut down Wuhan, where the lab was. However, all of those videos were soon proven fake, and US intelligence has confirmed that the virus was spreading in Wuhan by November 2019 at the latest. A growing body of research suggests that the virus did not start either in the Wuhan lab or the Wuhan wet market, and a number of studies from various continents have shown that the virus was also spreading undetected all over the world by November 2019 at the latest, many months before lockdowns began. Covid’s origins remain a mystery, and leading scientists and policymakers were nowhere near transparent enough about their panic that the virus might have come from a lab in early 2020. However, given that the national security community has quietly admitted Covid is not genetically modified, it began spreading undetected globally many months before lockdowns, and it did not cause Wuhan residents to spontaneously die, the question of whether Covid came from the lab would appear to be a moot point from a national security perspective. Furthermore, in my book and elsewhere, there is a growing body of evidence that the CCP used a variety of clandestine means to promote the idea that Covid came from a lab, both to stoke fear and to mislead the western intelligence community from the CCP’s well-documented campaign for global adoption of China’s virus containment measures. Likewise, Pottinger has continually promoted the idea that Covid came from a lab, and prodded the intelligence community to do the same, while urging the adoption of China’s virus containment measures. Pottinger’s credulousness in sharing and promoting scientific concepts and policies from China including asymptomatic spread, universal masking, quarantines, shutdowns, and remdesivir further belies the notion that the fixation on the Wuhan lab serves any legitimate national security interest. In summary, as Deputy National Security Advisor, Matt Pottinger played a singularly outsized role in shaping America’s disastrous response to Covid by taking the following actions: Throughout January 2020, Pottinger unilaterally called White House meetings unbeknownst to those in attendance and breached protocol to ratchet up alarm about the new coronavirus based on information from his own sources in China, despite having no official intelligence to back up his alarmism. Despite having no background in science or public health, beginning in February 2020, Pottinger embarked on a months-long campaign to urge the adoption of universal masking and travel quarantines in response to the coronavirus based on information from his own sources in China. However, there does not appear to be a single picture of Pottinger wearing a mask anywhere on the Internet. Pottinger popularized the idea of shutdowns within the White House using a questionable study on the 1918 flu pandemic comparing outcomes between Philadelphia and St. Louis, a month before this study received any significant attention from media outlets in 2020. Pottinger specifically courted Deborah Birx to serve as White House Coronavirus Response Coordinator, who then embarked on a months-long campaign for lockdowns that were as long and strict as possible across the United States. Despite having no background in science or public health, Pottinger appears to have promoted the idea of mass testing for the coronavirus. Pottinger appears to have endorsed use of the drug remdesivir as a possible Covid therapy based on information from a doctor in China. Pottinger has continually promoted the conclusion that the coronavirus came from a lab, and specifically prodded the US intelligence community to do the same, regardless of evidence to support that conclusion, while simultaneously urging the global adoption of China’s virus containment measures. In Pottinger’s speeches, he often discusses the need for more grassroots populism in China. Pottinger may have simply been overly-trusting of his sources, thinking they were the little people in China trying to help their American friends. But why did Pottinger push so hard for sweeping Chinese policies like mask mandates that were far outside his field of expertise? Why did he so often breach protocol? Why seek out and appoint Deborah Birx? Pottinger’s zealousness in endorsing these sweeping policies is even more bewildering because it’s widely known in the intelligence community that the CCP’s primary focus is on information warfare—“superseding their cultural and political values” to those of the west and undermining the western values that Xi Jinping sees as threatening, outlined in his leaked Document No. 9: “independent judiciaries,” “human rights,” “western freedom,” “civil society,” “freedom of the press,” and the “free flow of information on the internet.” Though political conditions in China have deteriorated rapidly, Pottinger is supposed to know that—that’s why he had the Top Secret security clearance and the big job in the National Security Council. In fact, we know how rapidly conditions in China have deteriorated in part because Matt Pottinger is the one who told us. The only reason anyone accepted all this information and guidance from these Chinese sources is that it came through Pottinger. I certainly can’t pass judgment. But from where I’m sitting, it looks like we’ve been struck by a smooth criminal. *  *  * Michael P Senger is an attorney and author of Snake Oil: How Xi Jinping Shut Down the World. Want to support my work? Get the book. Already got the book? Leave a quick review. The New Normal is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. Tyler Durden Sat, 07/23/2022 - 20:30.....»»

Category: worldSource: nytJul 24th, 2022

How Better Inventory Management Can Improve Your Finances

One of the best ways to improve your company’s finances is to practice better inventory management. Inventory management is a crucial part of your operational approach. How you choose to implement and maintain this strategy can have a lasting effect on your business’s efficiency and profitability. What does this relationship look like? What steps can […] One of the best ways to improve your company’s finances is to practice better inventory management. Inventory management is a crucial part of your operational approach. How you choose to implement and maintain this strategy can have a lasting effect on your business’s efficiency and profitability. What does this relationship look like? What steps can you take to improve your approach to inventory management? Why Inventory Management Matters Inventory management is important for your bottom line for several reasons. if (typeof jQuery == 'undefined') { document.write(''); } .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Series in PDF Get the entire 10-part series on Charlie Munger in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues. (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q2 2022 hedge fund letters, conferences and more 1. Accurate Forecasting Whether you’re taking counts in person or remotely, it’s important to generate accurate forecasting. Monitoring your inventory levels as you land more sales and interact with customers on a daily basis is crucial. It gives you the opportunity to track the ebb and flow of transactions in your organization. Similarly, it allows you to figure out exactly how many products you should be ordering. You must know how many products you’re going to need to satisfy consumer demand. There aren’t any tools that can offer perfectly accurate forecasting because the future isn’t inherently predictable. However, you can at least get close if you track inventory levels with meticulous precision. Once you have this process down, you’ll also be able to accurately project several things. These include revenue, profit, losses, and other important business metrics. From there, you’ll be able to make better business decisions. You’ll also make them in a timelier, more decisive way. 2. Improved Cash Flow Improvements to your inventory management should also result in improved cash flow. When you have a tight leash on your business inventory, you reduce losses. You’ll seldom run the risk of overspending on products you don’t need. The number of products that remain on your shelves, unsold, will be minimal. You’ll keep your inventory on active rotation as more consumers buy what you’re selling. Downstream, this means you’ll have more revenue coming in and fewer expenses. This allows you to have more free capital to allocate as you see fit. 3. Sufficient Supply Better inventory management should also improve the supply you provide to your customers. When someone shops with your business and wants to purchase one of your top products, they don’t have to worry about whether or not that product is available. With your accurate forecasts and consistent approach to purchasing, you’ll always have exactly the products you need most to serve your target demographics. This is important for a few reasons. Most notably, keeping products on the shelves means you’re going to land more sales immediately. However, it’s also important to keep in mind that an adequate supply will improve your reputation among customers. This incentivizes them to return to your business and leave good reviews for your brand. Over time, this can lead to a massive breakthrough in your reputation, allowing you to reach even more people. 4. Higher Efficiency Inventory is at the center of most of your business operations. You want higher efficiency. Purchasers will need to think carefully about the products they buy on a regular basis. Additionally, product managers and salespeople will need to keep tabs on inventory. Customer purchases will be entirely dependent on what you have in stock and when you’re going to have new stock next. Accordingly, the more efficient you are with inventory management, the more efficient your business is going to be overall. With smarter, higher-tech approaches to inventory management, you’ll be able to spend less money, save time, and better serve your customers simultaneously. 5. Loss Prevention Inventory management is also effective for improving loss prevention. If you’re keeping a close eye on the flow of products coming in and out of your organization, you’ll be able to detect when there’s a problem. These include theft, destruction, or some other external threat. Combined with a proactive management strategy, you should be able to save significant money in your business. 6. Data and Insights Finally, if you’re equipped with the right system, inventory management becomes much easier. In one location, you’ll be able to gather tons of data about how your business is operating. As a result, you’ll see how your customers are behaving and how you might change your approach. Used intelligently, the reports and analytics you generate with inventory management software can provide you with more data that you can use to make smart business decisions. The Elements of Effective Inventory Management Designing an effective inventory management system requires your attention to the following areas, at a minimum. 1. Tracking Improving your inventory turns starts with in-depth tracking. You need to have a system in place to keep constant tabs on the products in your warehouses and stores, where those products are going, where they’re coming from, and even their current condition. The more data you gather, and the more seamlessly you gather it, the better. 2. Purchasing Most inventory management systems also have built-in support for purchasing management. Using current data sets, you can plan your next purchase, connect with your suppliers, submit a purchase order, and even follow up to make sure your purchase orders were fulfilled successfully. 3. Shipping If you’re in the shipping world, you need to think about how you’re going to get your products into the hands of your customers. When an online user places an order with your business, how and when do you ship the product to them? How do you create tracking codes, and how do you provide those codes to your customers? 4. Order Management Speaking of orders, a good inventory management system will include elements of order management. Whether placed online or in person, new orders from customers should be effortlessly tracked and managed. 5. Transfer Management If you have multiple physical locations, such as multiple store locations or multiple warehouses, you need a system in place to facilitate faster, more efficient, and more trackable transfers. For example, if one of your warehouses is low on a specific good, how do you trigger a new transfer? How do you determine which warehouse to send inventory to? How do you track the shipment? 6. Measurement and Analysis Throughout all these activities, your inventory management system will be tracking data in the background. At the end of each tracking period, you can generate a report that tells you everything you need to know about your past activity. With these metrics, you can identify potential issues, evaluate the cost-effectiveness of your strategy, and make better decisions in the future. Improving Your Inventory Management System If you want more efficient inventory management, you’ll need to spend time upgrading your inventory management system. 1. Designate a point person. Choose one person on your team to be the designated authority on the inventory management front. They may choose to enlist the help of other people and delegate some of their responsibilities, but they serve as the individual in charge. Centralizing inventory management decision-making is a practical necessity if you want the process to go smoothly. 2. Document your approach. Too often, inventory management strategies fall apart simply because team members aren’t on the same page. If you want to prevent this and keep your team working consistently, you have to document your approach. 3. Choose the right tech system. It’s inadvisable to practice modern inventory management without the help of inventory management software. The right software platform will guide you in the creation of your strategy, automate most elements of inventory management, and make it easy to create and distribute new reports. 4. Invest in RFID and automated tools. RFID chips make it easier to track individual shipments and individual products, as do automated tools like scanning devices. The less manual effort you expend as a team, the better. 5. Train and educate employees. No matter how many high-tech tools you use in your approach to inventory management, you’re still going to have at least some human beings carrying out your strategy. Accordingly, you need to take the time to train and educate your employees on proper inventory management processes. Each team member should be thoroughly acquainted with the tools you use to track and manage inventory, the goals of the organization, and the troubleshooting processes necessary to resolve issues. 6. Employ consistent processes. Try to implement processes that can be easily and consistently replicated. If your day shift and night shift have radically different viewpoints on inventory management or if they track things differently, it’s going to result in a chaotic catastrophe. Therefore, enforce a single system that is predictable and replicable. 7. Track in real-time. Most modern inventory management systems have the capacity to track items in real-time. When you ship out a product, you can see exactly where it is and where it’s going. On the other hand, when you’re expecting a shipment, you can predict the specific time of its arrival. When you’re looking at inventory currently on store shelves, you can give customers accurate expectations. Real-time analytics give you more transparency into how your operation runs, and it can help you identify and resolve any issues that stand in the way of your success. 8. Negotiate new deals with suppliers. After practicing more effective inventory management, consider negotiating new deals with your suppliers. For example, is there a way they can get inventory in your hands faster? Can you create an arrangement where suppliers give you smaller, more frequent shipments? How can you save money without overbuying new stock? If you have good relationships with your suppliers, they’ll want to proactively work with you to find a mutually beneficial arrangement. 9. Get rid of obsolete inventory. Always take the time to get rid of your obsolete inventory. There’s no reason to keep items that are no longer relevant to your business or interesting to your customers. There are many ways to liquidate this inventory, such as offering it for a steep discount, reusing the inventory for some other purpose, or recycling or disposing of the inventory. 10. Learn from your reports. Understand the value of your inventory management reports. Many of the numbers and details from these reports may seem inconsequential. However, the truth is that they can tell you valuable information about how your business is running. 11. Keep changing. Agile, flexible inventory management systems tend to be much more effective than their stagnant, unchanging counterparts. As a result, you’ll have much more wiggle room for incorporating new technologies, experimenting with new strategies, and correcting issues that hold your team back from their productive potential. Technologies to Watch in Inventory Management Inventory management is set to grow even more sophisticated and powerful in the near future, thanks to the onset of new innovations and technological developments. If you want to get even more value from your own inventory management, it’s up to you to keep watching these technologies and incorporate them into your system when appropriate. Machine Learning and Artificial Intelligence Machine learning and artificial intelligence are both designed to bring smarter processing and predictive functionality to the inventory management world. As a result, with pattern recognition, intelligent predictions, and more sophisticated automation potential, you can manage inventory more reliably and with far less manual effort required. The Blockchain Most people only know the blockchain for its applications in cryptocurrency. However, the blockchain system can be used for a wide range of business applications. For example, the “shared ledger” system of the blockchain makes it easier and more efficient to track transactions, which could be exactly the tool your system needs. The Internet of Things RFID chips, scanners, and other smart devices are in warehouses all over the country. But next-generation “internet of things” technology is going to be even more comprehensive, enabling new techniques and management approaches for businesses willing to upgrade. However, better inventory management doesn’t always come easy or cheap. However, if you’re willing to spend some time and effort upgrading your systems and processes, you can end up in a much better position. In the same vein, improved inventory management means higher efficiency, lower costs, and perhaps best of all, better customer relationships, so there’s no excuse not to invest in it. Article by Deanna Ritchie, Due About the Author Deanna Ritchie is a financial editor at Due. She has a degree in English Literature. She has written 1000+ articles on getting out of debt and mastering your finances. She has edited over 40,000 articles in her life. She has a passion for helping writers inspire others through their words. Deanna has also been an editor at Entrepreneur Magazine and ReadWrite. Updated on Jul 21, 2022, 3:29 pm (function() { var sc = document.createElement("script"); sc.type = "text/javascript"; sc.async = true;sc.src = "//mixi.media/data/js/95481.js"; sc.charset = "utf-8";var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(sc, s); }()); window._F20 = window._F20 || []; _F20.push({container: 'F20WidgetContainer', placement: '', count: 3}); _F20.push({finish: true});.....»»

Category: blogSource: valuewalkJul 22nd, 2022