Kim Kahn
👤 SpeakerAppearances Over Time
Podcast Appearances
On the list are Arista, Guidewire, Broadcom, Salesforce, and LendingClub.
You can check out the whole list in the story on Seeking Alpha.
And with the holidays approaching, we take a look across the pond.
Trading floors in London echoed with the chatter of the surprise change in direction for boutique brokerage Scrooge & Marley County House.
The company, whose American depository receipts trade under the symbol HUMBG, announced a number of new initiatives.
Labor costs at the brokerage for the coming fiscal year will increase 100%.
Investors are taken aback as wages have remained steady for more than a decade.
The market was actually hoping for some traditional seasonal layoffs from Scrooge Marley, one analyst said.
Reached at his London residence, CEO Ebenezer Scrooge said only that the spirits did it in one night.
Must have been two full bottles of spirits, quit one city trader this morning.
In addition to the rise in labor costs, Scrooge and Marley have decided to invest a large portion of the substantial cash on its books to help thousands in want of common necessaries and hundreds of thousands in want of common comforts.
We frankly would have preferred a special one-time dividend to dispose of that cash, or at least a stock buyback, one portfolio manager said.
Others focused on Scrooge and Marley's latest purchases, including a prized turkey and a scuttle full of coal.
Foul futures were up a shilling in early morning trading, while coal futures ticked up sixpence.
Happy holidays to those who celebrate.
Welcome to Seeking Alpha's Wall Street Lunch, our afternoon update on today's market action, news, and analysis.
Today is Thursday, December 18th, and I'm your host, Kim Kahn.
TAE Technologies, a long-running nuclear fusion developer backed by major technology and energy investors, is set to go public through a $6 billion merger with Trump Media and Technology Group, a milestone for the fusion energy sector amid surging electricity demand from AI data centers.