In the Earnings Spotlight: Rivian Automotive (RIVN)

by | Mar 10, 2022 | Earnings

Revenues and earnings won’t matter. RIVN must prove it can start churning deliveries. RIVN reports Q4 earnings today aftermarket. Consensus calls for $(2.05) on sales of $64 million. These numbers don’t matter. The only metric investors will be watching for is...

In the Earnings Spotlight: Cepton (CPTN)

by | Mar 10, 2022 | Earnings, SPACs

If you like juice, fine. If you like fundamentals, LiDAR is still a next-year story Key points ahead of the quarter CPTN reports Q4 earnings today aftermarket. Cepton appears to have the relations in pace to make it into the winner’s circle. LiDAR maker Cepton (CPTN)...

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 &...