Perion Raises Financial Outlook case studyPerion Raises Financial Outlook, Expects 31% Year over Year Revenue Growth in the Fourth Quarter of 2020
Customers Momentum for Connected TV and "Full-Funnel" Solution Propel Advertising Business
"The acceleration of Perion’s advertising revenue growth is being driven by higher-than-expected revenue synergies from recent acquisitions, as well as higher demand across our CTV and video offerings"
following the four-year renewal of our partnership with Microsoft, announced earlier this quarter, we see an increased number of publishers who wish to engage with Perion’s search business unit. These achievements underscore the success of our diversification strategy and are expected to contribute to double digit revenue growth rates over the coming years for Perion."
e revised guidance for Q4 2020, implies that for the second half of 2020, revenue and Adjusted EBITDA ranges are $183-$188 and $22-$23 million, respectively, compared to the previously provided second half outlook of revenue and Adjusted EBITDA ranges of $164-$174 and $16-$18 million, respectively.
finance.yahoo.com
Stockssignals
ATOM Sign Joint Development AgreementAtomera and Market Leading Semiconductor Company Sign Joint Development Agreement for Use of MST in Future Devices.
entered into JDA with a leading semiconductor provider for integration of Atomera's Mears Silicon Technology (MST) into their silicon fabrication process.
Atomera's MST is a patented, quantum-engineered material that enhances transistors to deliver significantly better performance in today's electronics.
New collaboration will leverage Atomera's transistor enhancement technology to develop improvements across the manufacturer's production lines
finance.yahoo.com
ftiv Announce Execution of Definitive Business CombinationPerella Weinberg Partners and FinTech IV Announce Execution of Definitive Business Combination Agreement
Transaction Includes Commitments for a $125 Million Common Stock Private Placement from Leading Institutional Investors Including Fidelity Management & Research Company LLC, Wellington Management and Strategic Investor Korea Investment & Securities
Perella Weinberg Partners’ Working Partners and Employees Will Own Approximately 50% of the Company Post-Closing
The transaction reflects an implied equity value for the Company of approximately $975 million.
Established, Diversified Franchise in the U.S. and Europe With approximately 560 employees.
Culture and Alignment Positioned to Drive Shareholder Value
The cash component of the consideration will be funded by FinTech IV’s $230 million cash in trust
At closing of the transaction, PWP expects to have a debt-free balance sheet with access to additional liquidity under an undrawn revolving credit facility.
The business combination is expected to close in the first half of 2021
finance.yahoo.com
AST & Science LLC to Become Public Company via NPA spac companyAST & Science LLC to Become Public Company Through Combination with New Providence Acquisition Corp. (NASDAQ: NPA, NPAUU and NPAWW)
- AST & Science LLC ("AST SpaceMobile") is building the first and only space-based cellular broadband network accessible directly by standard mobile phones.
- Combined company to have an estimated post-transaction enterprise value of $1.4 billion and will become listed on the NASDAQ under the ticker symbol "ASTS" following expected transaction close in the first quarter of 2021.
Expected to have an equity value of approximately $1.8 billion at closing, or 1.4 times calendar year 2024's estimated EBITDA of approximately $1 billion. The company will have no debt on the balance sheet at closing.
- Transaction to provide up to $462 million in gross proceeds, comprised of New Providence Acquisition Corp.'s $232 million of cash held in trust (assuming no redemptions) and a $230 million fully committed common stock PIPE at $10.00 per share, including investments from Rakuten, Vodafone, American Tower, UBS O'Connor and a broad base of financial institutions
- AST SpaceMobile LLC shareholders Vodafone, Rakuten, American Tower, and Cisneros will increase their equity holding through participation in the PIPE financing in support of AST SpaceMobile's transition into the publicly listed company.
Backed by an extensive IP and patent portfolio, AST SpaceMobile will uniquely address the $1 trillion global mobile wireless services market
finance.yahoo.com
BARK to List on NYSE Through Merger with STICBARK, A Leading Brand for Dogs, to List on NYSE Through Merger with Northern Star Acquisition Corp.
BARK serves over 1 million dogs monthly through BarkBox and Super Chewer subscriptions and broad retail distribution of its comprehensive suite of best-in-class, proprietary products
projected revenues of approximately $365 million and gross margins of approximately 60% for fiscal year ending March 31, 2021, 179% YoY increase in revenue from new product lines in first half of FY2021, and net revenue CAGR FY2020-FY2023 of over 40%
Transaction values BARK at an enterprise value of approximately $1.6 billion and is expected to provide up to $454 million of gross cash proceeds to invest in the acceleration of new and existing product lines as well as international expansion
Top-tier institutional investors, including Fidelity Management & Research Company LLC, Senator Investment Group, the Federated Hermes Kaufmann Funds, and affiliates of the Santo Domingo Group, among others, are supporting the transaction with an upsized $200 million fully-committed PIPE
The Northern Star and BARK Boards of Directors have unanimously approved the proposed merger and the related transactions, which are expected to be completed early in the second quarter of 2021,
www.prnewswire.com
500.com Limited Announces Private Placement500.com Limited Announces Private Placement and Appointment of New Officers
500.com Limited (NYSE: WBAI) ("500.com" or the "Company"), an online sports lottery service provider in China, today announced that it has entered into a definitive share subscription agreement (the "Agreement") with Good Luck Information Technology Co., Limited ("Good Luck Information"), a company incorporated in Hong Kong, for the issuance and sale of newly issued Class A ordinary shares of the Company ("Class A Shares").
Pursuant to the Agreement, Good Luck Information will purchase 85,572,963 newly issued Class A Shares for a total purchase price of approximately US$23 million, to be settled in U.S. dollars or in crypto-currencies, including Bitcoin (BHC), to be determined chosen by the Company within one month of the date of the Agreement. Good Luck Information shall make full payment of the purchase price in currencies determined by the Company within one month of the Company's determination. The per share purchase price of US$0.269 is the closing trading price of the Company's ADSs on December 18, 2020, the last trading day immediately preceding the date of the purchase agreement. as adjusted by a 1-to-10 ADS to ordinary shares ratio.
Good Luck Information has agreed to subject all the shares it or its affiliate will acquire in the transaction to a contractual lock-up restriction for 180 days after the closing. The closing is expected to take place on or before February 20, 2021, upon satisfaction of customary closing conditions.
Good luck Information is controlled by Mr. Man San Vincent Law, a founder of the Company, who currently holds less than 5% of the Company's outstanding share capital. Upon closing, Good Luck Information will hold 16.6% of the Company's issued and outstanding ordinary shares.
finance.yahoo.com
Interesting asset to watch: Baltic Dry Index (BDI)INDEX:BDI
Baltic Exchange Dry index is showing some signs of bullish reversal. Despite the fact that Buy/Sell Zones on a weekly chart is in the red zone, historically this setup led to a increase in price.
First Long trade target may be 1600 and up to 0, 0,5 and 1 Fib.
I may assume, that some selling pressure may be met near 0 Fib, so be sure to place your Stop-loss in the safe zone, if anticipated uptrend is legit.
Invalidation may be crushing the 900 zone.
Disclaimer: This article should not be considered as financial or investment advice. Trading digital assets involve risk and may resolve in the loss of your capital. Always be sure to understand the amount of risk involved and do your research before taking any trading/investment steps.
BABA - China/US tension heavy on the stockSince the first news that the US is going to ban Chinese companies to list on the US stock market, $BABA was one of the first to took the hit. This can be seen in the volume spikes when investors started to close their positions.
The two uncovered gaps to the South are also making an impression. Volatility has calmed down since then as seen in the lower volume levels, but we are not witnessing any fresh buying or selling.
Price is currently in a range after getting out of the long-term uptrend.
Stock to watch: Elbit Systems (ESLT)NASDAQ:ESLT
An interesting stock to watch: shows a pullback but is still in the green zone (as for Buy/Sell Zones indicator ).
Plus a significant level around 109,8-110 (the low that caused high) had kept the price drawdowns for 3 times already.
If the price holds above I'm anticipating a new wave of an uptrend.
Buy zone may be extended to 111.
Short-term targets: 1 Fib and previous high (167,75).
Long-term targets: up to 2 Fib.
Invalidation: breaking 0 Fib and staying there would mean a deeper correction cycle is in progress.
Disclaimer: This article should not be considered as financial or investment advice. Trading digital assets involve risk and may resolve in the loss of your capital. Always be sure to understand the amount of risk involved and do your research before taking any trading/investment steps.
SSPK long for 11 december 2020SSPK for long tomorrow and as i said always to my students when the price its 50% of your take profit close 50% of the deal and let the rest to run
Thomas Boleto
Have a green day
$KO - Timing is everythingCoca - Cola is one of the best "blue chips" companies on Wall Street, so it's always a good idea to add it to your portfiolio.
We have a clear uptrend after the price formed a bottom in the first Clousire.
Company has payed out a dividend, so that's the spike in volume as traders were cashing in.
Currently the price is in the middle of the trend, so it's not a good idea to buy here. I would wait for a correction at the marked zone. SL placed appropriately.
Heelys and Reebok Team Up for a CollabHeelys, the original shoes with wheels, which is owned by Sequential Brands Group, Inc. (Nasdaq:SQBG), is excited to announce a new collection with popular lifestyle footwear brand, Reebok. The collaboration features ten signature Reebok styles, with the added Heelys’ wheel technology.
Amongst a number of different collabs that Heelys has recently worked on, this marks the first time that the brand has teamed up with another sneaker brand. The Reebok styles will range in colors, patterns, and shapes – but in typical Heelys fashion, will all have the ability to go from a sneaker to a skate by shifting weight on to the heel.
finance.yahoo.com
Berkshire Hathaway stock priceBerkshire Hathaway stock has been moving to higher grounds as expected and mentioned in my last stock technical analysis update. As expected the strong demand imbalance created at $175 per share has played out very nicely. Berkshire Hathaway stock price has been moving much higher managing to break all-time high again. Warren Buffet and most of his clients must be very happy people again.
As explained in a previous forecast for Berkshire Hathaway, we expected the stock to rally strongly from $176 per share and so it did. The all-time high has been broken and created another strong imbalance around $209 per share. Will Berkshire Hathaway stock price drop down there? We will see. Given the bullish strength of all US indexes, It might continue to rally much higher creating new imbalances.
Apple Stock will be stuckThe fair value of Apple stock is 112.94 $ per share. That based on the previous earning report released by Apple on Oct 29, 2020. Until, the next earning report which will be on Feb 02, 2021, Apple stock will be stuck in the range between 138 which will barely reach, and 102 $ which high likely will be reached. Once that date reached and based on the earnings report the stock is either will be appreciated and goes up or depreciated and goes down.
Netflix's Another Bearish AttemptNetflix, Inc. has broken the support trendline channel of September 2019 and closed negatively at $480.67 in a loss of -19.52 ( -3.90% ). We can see price correction up to 61.80% retracement levels.
As per the fundamental research reports, it's totally in an uptrend. And according to technical analysis, NFLX may start a potential reversal from $476 for $506 - $518 - $538+ levels.
According to the secret source, this stock may hit $550 - $570+ prices before October 2020 end.
Entry-point key: Short-term investors can start initiating new positions after the divergence of Stoch RSI.
Please note here is the supply & demand zone based on the support trendline & control price.
MICROSOFT BREAKOUT LONG|TRADING PLAN|OPTION CHAIN|
The child of Bill Gates has no limits and has been a rocket lately, leaving the pre-covid all time high far behind.
At a closer look, the stock is moving in an upward diagonal channel, and has formed a bullish flag/triangle.
It seems like the Microsoft train is still full of steam, and therefore, our target trade is a long.
TRADING PLAN:
1- one might be going long inside the trading session in the hope of the speedy breakout(not overnight, as the stock might gap down and wipe out your entire deposit as the stop loss orders won't work till the opening of the trading session)
2-one might wait for the confirmed breakout, and then go long after pullback(safe option)
3-one might wanna play this with call options.
The option chain now looks like this:
August 28 expiration:( 3 trading sessions) |September 4 expiration(7 trading sessions+weekend gap) |September 11(12 trading sessions+2 weekend gaps)
strike 1= 220.00=1.03 usd =2.64usd =3,7usd
strike 2=222.5=0,5 usd =1.9usd =2,94usd
The 0,5 usd 3 seession gamble actually looks pretty good.
7 session 2.64 seems like a reliable option, if you believe in the breakout, but the risk reward is lower. One might wanna wait if the price drops a bit, within the triangle and then buy the calls, but you risk missing the breakout.
Thats about it, on Microsoft for today, thank you for reading, like and subscribe and have a nice day!
Triple Top Pattern Has Formed For Broadcom Inc (AVGO)After much V-shape recovery in the technology sector, the price of Broadcom Inc has currently reached a very strong resistance level (triple top pattern). The price is stubborn to break the 332 level. if there is no breakout beyond this point, I believe we should SHORT this stock to the 38% of Fibonacci level.
Key Trading Plan:
SHORT from the current price to the Take Profit Target level of 38% Fibonacci Retracement, 262.00, and then after that, go LONG to the resistance level again as fundamentally the stock still in the bullish trend.
‼️Disclaimer: Please be advised that we are NOT Financial Advisors. We are not responsible for the results of your Forex or CFDs trading. The only person responsible for profits or losses is yourself. You should not consider any market information, educational and analytical material as trading advice that defines your trading actions but purely as educational market material. Please be advised that S.I.D. Capital shall not be liable for any errors in quotes and trading platform software errors.
‼️This Channel and all information is intended for educational purposes only and does not give financial advice. S.I.D. Capital Signals is not a service to provide legal and financial advice; any information provided here is only the personal opinion of the author (not advice or financial advice in any sense, and in the sense of any act, ordinance or law of any country) and must not be used for financial activities.