Wall St Engine
Homeland Security says it’ll now pay $1,000 to immigrants in the U.S. illegally if they choose to self-deport. The department is calling it “travel assistance,” and says it’s a cheaper alternative to formal deportation, which costs over $17,000 per person.
The program will use a new app called CBP Home, and payments are made once migrants confirm they’ve returned to their home country.
Source: Washington Times
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Homeland Security says it’ll now pay $1,000 to immigrants in the U.S. illegally if they choose to self-deport. The department is calling it “travel assistance,” and says it’s a cheaper alternative to formal deportation, which costs over $17,000 per person.
The program will use a new app called CBP Home, and payments are made once migrants confirm they’ve returned to their home country.
Source: Washington Times
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Quiver Quantitative
JUST IN: Representative April McClain Delaney just filed new trades.
One of them caught our attention:
She bought Bio-Techne stock, $TECH.
Bio-Techne is a biotechnology company.
McClain Delaney sits on the House Committee on Science, Space, and Tech.
This is the first time we have seen her buy the stock, and we have only seen one other politician ever buy it.
Follow here for updates, or track portfolios live on Quiver.
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JUST IN: Representative April McClain Delaney just filed new trades.
One of them caught our attention:
She bought Bio-Techne stock, $TECH.
Bio-Techne is a biotechnology company.
McClain Delaney sits on the House Committee on Science, Space, and Tech.
This is the first time we have seen her buy the stock, and we have only seen one other politician ever buy it.
Follow here for updates, or track portfolios live on Quiver.
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Wall St Engine
ETORO TARGETS $4B VALUATION IN U.S. IPO
Trading platform eToro is looking to raise up to $500 million in a U.S. IPO, offering 10 million shares priced between $46 and $50. At the high end, that gives the company a valuation near $4 billion. The deal had been on hold since Trump’s tariff announcement in April rattled markets and froze dealmaking.
eToro brought in $192 million in net income last year on $787 million in net contribution, and BlackRock has shown interest in picking up as much as $100 million worth of shares in the offering.
Source: Bloomberg
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ETORO TARGETS $4B VALUATION IN U.S. IPO
Trading platform eToro is looking to raise up to $500 million in a U.S. IPO, offering 10 million shares priced between $46 and $50. At the high end, that gives the company a valuation near $4 billion. The deal had been on hold since Trump’s tariff announcement in April rattled markets and froze dealmaking.
eToro brought in $192 million in net income last year on $787 million in net contribution, and BlackRock has shown interest in picking up as much as $100 million worth of shares in the offering.
Source: Bloomberg
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Wall St Engine
Trump: I just had a very good and productive telephone conversation with the President of Turkey, Recep Erdoğan, concerning many subjects, including the War with Russia/Ukraine, all things Syria, Gaza, and more. The President invited me to go to Turkey at a future date and, likewise, he will be coming to Washington, D.C.
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Trump: I just had a very good and productive telephone conversation with the President of Turkey, Recep Erdoğan, concerning many subjects, including the War with Russia/Ukraine, all things Syria, Gaza, and more. The President invited me to go to Turkey at a future date and, likewise, he will be coming to Washington, D.C.
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Quiver Quantitative
RT @InsiderRadar: 🚨BREAKING: Huge New CEO Insider Purchase
The CEO of $MDXG has just reported purchasing ~$1.2m of the company's stock, increasing his ownership stake by 61%.
This is the largest insider purchase we have ever seen at the company.
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RT @InsiderRadar: 🚨BREAKING: Huge New CEO Insider Purchase
The CEO of $MDXG has just reported purchasing ~$1.2m of the company's stock, increasing his ownership stake by 61%.
This is the largest insider purchase we have ever seen at the company.
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Investing visuals
$AMD will report tomorrow after the close.
All eyes will be on data center revenue which is expected to be $3.4B ~ $3.68 billion (47% - 57% growth Y/Y). https://t.co/1khUMQTbi1
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$AMD will report tomorrow after the close.
All eyes will be on data center revenue which is expected to be $3.4B ~ $3.68 billion (47% - 57% growth Y/Y). https://t.co/1khUMQTbi1
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Wall St Engine
BOFA ON $HIMS (UNDERPERFORM; PT $26) COO APPOINTMENT:
"Our initial takeaway on this hire is positive, as it brings HIMS an executive with experience scaling a fast-growing pharmacy. According to Nader Kabbani’s LinkedIn profile, he has broad logistics experience and most recently worked in Amazon’s acquired pharmacy business. He served as VP of Operations at PillPack & Amazon Pharmacy from January 2019 to March 2022. Given Amazon acquired PillPack in 2018 to build out its online pharmacy capabilities, Mr. Kabbani is likely to provide HIMS with best practices for building a pharmacy operation and insight into how other online pharmacies navigate the evolving pharmacy landscape—covering elements like integrated physician visits, PBMs, and pricing models. While we view the announcement positively, we maintain our Underperform rating given weakening consumer trends and decelerating growth rates exiting March (see our March data note for more)."
Analyst: Michael Cherny
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BOFA ON $HIMS (UNDERPERFORM; PT $26) COO APPOINTMENT:
"Our initial takeaway on this hire is positive, as it brings HIMS an executive with experience scaling a fast-growing pharmacy. According to Nader Kabbani’s LinkedIn profile, he has broad logistics experience and most recently worked in Amazon’s acquired pharmacy business. He served as VP of Operations at PillPack & Amazon Pharmacy from January 2019 to March 2022. Given Amazon acquired PillPack in 2018 to build out its online pharmacy capabilities, Mr. Kabbani is likely to provide HIMS with best practices for building a pharmacy operation and insight into how other online pharmacies navigate the evolving pharmacy landscape—covering elements like integrated physician visits, PBMs, and pricing models. While we view the announcement positively, we maintain our Underperform rating given weakening consumer trends and decelerating growth rates exiting March (see our March data note for more)."
Analyst: Michael Cherny
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Wall St Engine
Microsoft $MSFT reclaimed the top spot last week—and Polymarket odds now give it a 42% chance of ending 2025 as the largest company, followed by $AAPL, which has struggled this year amid growth concerns and a lingering tariff overhang. https://t.co/UropyE9lUa
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Microsoft $MSFT reclaimed the top spot last week—and Polymarket odds now give it a 42% chance of ending 2025 as the largest company, followed by $AAPL, which has struggled this year amid growth concerns and a lingering tariff overhang. https://t.co/UropyE9lUa
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