Activist Alert: Cano Health (CANO)

by | Mar 9, 2022 | Activism

Daniel Loeb targets Cano Health. As the deSPAC firesale rages on, let the arbitrage begin. Cano Health (CANO) is trading up ~38% intraday after Daniel Loeb’s Third Point disclosed an  increased stake in the company to 1.5M shares. Given the shares’ recent...

Activist Alert: Bed Bath & Beyond (BBBY)

by | Mar 9, 2022 | Activism

Ryan Cohen hopes for a GameStop re-run at this short-squeeze favorite. Right now, it looks more like a meme stock and less of a turnaround. Ryan Cohen, billionaire co-founder of online pet-product retailer Chewy Inc. (CHWY) has taken a 9.8% stake in Bed Bath &...

DWAC: Where Big Tech and Free Speech Collide

by | Mar 7, 2022 | General, SPACs

The disruption of mainstream media is now an investing theme Following the theme of “what’s working in SPACs,” we take a closer look at Digital World Acquisition Corp. (DWAC). With a war in the Ukraine drawing even more attention to the issues of censorship, free...
Earnings Spotlight: Broadcom (AVGO)

Earnings Spotlight: Broadcom (AVGO)

by | Mar 3, 2022 | Earnings

Let’s not be too cute ahead of the Q. With 5G heating up, we know which side of the line we want to be on. Key points ahead of the quarter AVGO reports F1Q2022 earnings today aftermarket. Consensus calls for $8.08 (+4% Q/Q, 23% Y/Y) on revenue of $7.6 billion (+3%...