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Sebi proposes tighter curbs on promotional claims by online bond platforms

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Sebi proposes tighter curbs on promotional claims by online bond platforms
New Delhi, Sebi has proposed tighter advertising norms for online bond platform providers, including restrictions on promotional claims that could encourage investors to make decisions without adequate due diligence.

The proposed revised advertisement code seeks to address the growing use of digital advertising, social media and influencer-led promotions by online bond platforms, according to a consultation paper issued by the regulator on Friday.

The regulator has proposed restrictions on advertisements that use urgency, behavioural prompts, and fear-of-missing-out messaging, which may encourage investors to act without adequate due diligence.

For advertisements featuring specific securities, OBPPs would be required to provide standardised information, including the issuer, tenor, credit rating, nature of the security, clean and dirty prices, yield to maturity and the Credit Risk-o-meter.

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The regulator has also proposed guidelines governing the use of terms such as “fixed returns”, “predictable returns” and “passive income” to ensure such descriptions do not create an impression of assured returns.


Advertisements using the term “fixed returns” would have to carry a prominent disclaimer stating that fixed returns are not guaranteed and that debt securities are subject to market, credit and default risks.
The market watchdog has also proposed restrictions on vague promotional claims such as “high yield”, “high rated” and “high returns” that are not adequately substantiated.The proposed code would operate alongside a common advertisement code applicable to specified SEBI-regulated entities.

The Securities and Exchange Board of India (Sebi) has invited comments from stakeholders on the consultation paper by September 11.

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Opportunity To Catch 2 Income Picks Before Their Yield Goes Higher

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HYMB: Solid High-Yield Muni Bond ETF, Above-Average Tax-Advantaged Income (NYSEARCA:HYMB)

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Rida Morwa is a former investment and commercial Banker, with over 35 years of experience. He has been advising individual and institutional clients on high-yield investment strategies since 1991. Rida Morwa leads the Investing Group High Dividend Opportunities where he teams up with some of Seeking Alpha’s top income investing analysts. The service focuses on sustainable income through a variety of high yield investments with a targeted safe +9% yield. Features include: model portfolio with buy/sell alerts, preferred and baby bond portfolios for more conservative investors, vibrant and active chat with access to the service’s leaders, dividend and portfolio trackers, and regular market updates. The service philosophy focuses on community, education, and the belief that nobody should invest alone. Learn More.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of HQH, RVT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Beyond Saving, Philip Mause, and Hidden Opportunities, all are supporting contributors for High Dividend Opportunities. Any recommendation posted in this article is not indefinite. We closely monitor all of our positions. We issue Buy and Sell alerts on our recommendations, which are exclusive to our members.

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Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Mystery Bread Dumping Near Japanese National Park Sparks Fears of Attracting Wild Asiatic Black Bears

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China Unveils 288-Meter Glass Cliff Elevator That Cuts Kids' Perilous

Authorities in Japan’s Tottori Prefecture are investigating a series of mysterious incidents in which someone repeatedly dumped large quantities of bread along a roadside inside Daisen-Oki National Park, with local officials warning the act could be an attempt to lure wild bears, which have been spotted with increasing frequency in the area this year.

According to a report by Nippon TV cited by the JoongAng Ilbo, the first batch of dumped bread was discovered on Aug. 14 along a road running through the midsection of Mount Daisen within the national park. A representative from the Tottori branch of Japan’s Nature Conservation Society, who first came across the discovery, found approximately 30 loaves of bread laid out at regular intervals along the roadside. Most of the loaves were individually wrapped, standard-sized units, and the total collected that day alone weighed 16.7 kilograms.

The foundation official described the initial confusion upon encountering the scene. “At first, I thought squared logs had fallen onto the road,” the official said, according to the JoongAng Ilbo. “I was truly shocked that bread kept appearing all along the road. I’ve never experienced anything like this before.”

The dumping did not stop after the initial discovery. According to the report, foundation staff collected an additional 6.3 kilograms of bread on Aug. 15 and 5.5 kilograms on Aug. 16, bringing the three-day total to 28.5 kilograms. After the matter was reported to police, another 10.5 kilograms of freshly dumped bread was discovered on Aug. 20. In total, roughly 39 kilograms of bread have been collected from the site since the incidents began.

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Adding to the mystery, what appeared to be discarded chicken entrails were found along the same roadside area on Aug. 19, though authorities have not confirmed whether that discovery is connected to the bread dumping incidents.

Local officials have raised the possibility that the food was deliberately placed to attract wild animals, a suspicion rooted partly in the pattern of how the bread was distributed. Rather than being dumped in a single large pile, the loaves were spread out at consistent intervals along the road, a pattern the Nature Conservation Society said it could not fully explain but has treated as a potential indication that someone intended to draw animals toward the area.

The concern carries particular weight given a rise in sightings of Asiatic black bears, commonly known as moon bears, around the Mount Daisen area this year. Wildlife officials have warned that when wild animals become accustomed to food left out by humans, they are more likely to venture toward roads and residential areas in search of similar food sources, raising the risk of vehicle collisions or direct encounters between bears and people.

A representative from the Nature Conservation Society issued a direct appeal to the public following the discovery. “If food meant for human consumption is left out, it can lead to unfortunate encounters between people and animals,” the official said. “Please do not dispose of or leave out this kind of food under any circumstances.”

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In response to the repeated incidents, Tottori Prefecture increased patrols of the area to twice daily beginning Aug. 20. According to the report, authorities are considering further measures, including daily patrols or the installation of surveillance cameras, should the dumping continue. More than a week after the first bread was discovered, authorities have not identified who is responsible or determined a clear motive behind the incidents.

The dumped bread and chicken entrails found along the roadside may constitute waste under Japan’s Waste Management and Public Cleansing Act, according to the report. If the dumping is formally classified as illegal disposal under that law, those responsible could face up to five years in prison or a fine of up to 10 million yen, or roughly $67,700. Because the incidents occurred within a national park, authorities have also indicated that violations of Japan’s Natural Parks Act could come into play if investigators confirm the intent was specifically to feed wildlife.

The incidents have drawn attention on social media within Japan, with some commenters speculating about possible motives behind the unusual dumping pattern, ranging from theories involving wildlife feeding to more critical commentary questioning why someone would discard so much food along a protected natural area.

Japan has experienced a broader increase in bear-related incidents and public safety concerns in recent years, as expanding bear populations and shrinking rural human populations in some regions have led to more frequent encounters between bears and residents across the country. Wildlife and conservation officials in Japan have periodically issued public warnings cautioning against feeding wild bears or leaving food accessible to them, given the significant safety risks that can arise once bears begin associating human areas with reliable food sources, a pattern that has, in past cases elsewhere in the country, ultimately required authorities to capture or cull bears that had become habituated to human-populated areas.

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As the investigation into the Mount Daisen bread dumping continues, Tottori Prefecture officials say they remain focused on both determining the identity and motive of whoever is responsible and on preventing any further incidents that could increase the risk of dangerous encounters between bears and the public along the affected roadway. Authorities have not indicated a timeline for when the investigation might be resolved, and the increased twice-daily patrol schedule is expected to remain in place as officials continue monitoring the area for any additional dumping activity.

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(VIDEO) 300-Pound Bear Dies Trapped Inside Car in Colorado Amid Record-Breaking Statewide Bear Activity

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CDC

COLORADO SPRINGS, Colo. — A 300-pound black bear died after breaking into an unlocked car in central Colorado Springs and becoming trapped inside, according to Colorado Parks and Wildlife, an incident that comes amid what the agency is describing as a record-breaking year for bear activity across the state.

The bear entered the unlocked vehicle, destroyed much of its interior while attempting to get out, and ultimately became stuck, according to Colorado Parks and Wildlife. The animal died inside the car and went undiscovered for several days in the summer heat before being found. Wildlife officials estimated the bear weighed roughly 300 pounds and believe it was likely drawn into the vehicle by a scent or food attractant left inside.

The incident is one of a growing number of bear-related conflicts reported across Colorado this year, as extreme drought conditions have significantly reduced the natural food sources bears typically rely on, pushing them farther into neighborhoods, campgrounds and other areas populated by people. According to figures from Colorado Parks and Wildlife, the agency received 6,129 reports of bear sightings and conflicts statewide between Jan. 1 and Aug. 13, nearly double the 3,115 reports recorded during the same period in 2025. A separate, more recent tally from the agency put the statewide total at more than 7,000 reports as of Aug. 20, compared with roughly 5,400 reports recorded by that same point in 2025.

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Rachael Gonzales, public information officer for Colorado Parks and Wildlife, described the scale of this year’s bear activity in stark terms. “This year, it’s not even that we are on track for a record year; it is a record year for the number of human bear reports that CPW as an agency has seen,” Gonzales said.

The surge in reported conflicts has been especially pronounced in parts of northwest Colorado. In Routt County, reported bear sightings have climbed 219% compared with 2025, according to new data from Colorado Parks and Wildlife. Gonzales connected that spike directly to the region’s ongoing drought conditions. “Bears right now are in search of food, and they are opportunistic,” Gonzales said.

Statewide, Colorado Parks and Wildlife reported a 68% increase in bear reports over the prior year for the first seven months of 2026. Brad Banulis, the agency’s senior terrestrial biologist, addressed the trend during a July 28 sportspersons’ meeting in Grand Junction. “Bears are tough this year,” Banulis said, noting that while conflicts had increased gradually through early summer, the situation intensified more sharply in recent weeks. “Now we’re definitely seeing conflicts go up a lot across the region, really across the Western Slope at least, maybe even statewide, with this drought,” he said.

Kris Middledorf, the agency’s area wildlife manager, described the situation in Routt County specifically as an “unprecedented surge in human-bear interactions.”

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Beyond property damage and vehicle break-ins, this year’s drought-driven bear activity has also coincided with a rare cluster of bear attacks. According to Colorado Parks and Wildlife, the agency’s northwest region, which covers counties west of Jackson, Grand and Summit counties and north of Mesa, Pitkin and Eagle counties, recorded four bear attacks between Jan. 1 and Aug. 20, the highest number of reported attacks in that region over the past decade. Statewide, five bear attacks have been reported so far in 2026, a total that, while elevated, still falls short of the seven attacks recorded in 2020, six each in 2019 and 2023, and five in 2017.

Gonzales emphasized that bear attacks remain a genuinely rare occurrence in Colorado despite this year’s unusual activity levels. “Bear attacks in Colorado are very rare,” Gonzales said. “Between 1960 and today, Colorado has only had 105 bear attacks.” Over that same 66-year period, four of those attacks have proven fatal, with the most recent fatal attack occurring in 2021 near Durango.

The underlying driver behind this year’s spike in bear activity is Colorado’s ongoing extreme drought, which has significantly reduced the availability of natural food sources bears depend on, particularly berries, during the late summer months. With berry supplies limited this year, bears have increasingly searched closer to towns and communities for alternative food sources. Wildlife officials have expressed particular concern about how conflict levels might continue evolving into the fall, as bears enter a biological state known as hyperphagia, during which their caloric needs spike dramatically, reaching as much as 20,000 calories per day, as they work to build fat reserves ahead of winter hibernation.

Colorado is home to an estimated 17,000 to 20,000 black bears, the vast majority of which live on the state’s Western Slope, according to wildlife officials. In recent years, a combination of population growth, increased tourism and fluctuating food availability has steadily driven up bear conflicts, particularly in mountain communities where human development increasingly overlaps with bear habitat.

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Colorado Parks and Wildlife has repeatedly emphasized that incidents like the Colorado Springs vehicle death are largely preventable. Wildlife managers say residents and visitors can significantly reduce the risk of bear encounters by keeping vehicles locked, ensuring windows are fully closed, and removing all trash, food and scented items from cars and outdoor spaces. Officials have specifically warned that once a bear successfully obtains food from a vehicle, it is highly likely to return to the same area seeking similar opportunities, a pattern that increases risk for both people and the bears themselves over time.

As Colorado’s drought conditions show no clear signs of easing heading into the fall, wildlife officials continue urging residents across the state to remain vigilant about securing food, trash and other potential attractants, both to protect public safety and to reduce the likelihood of additional bears becoming trapped, injured or killed while searching for food in populated areas during what has already proven to be one of the most active bear seasons in the state’s recorded history.

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(PHOTO) China Unveils 288-Meter Glass Cliff Elevator That Cuts Kids’ Perilous 3-Hour School Trek to 30 Minutes

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China Unveils 288-Meter Glass Cliff Elevator That Cuts Kids' Perilous

XUANWEI, China — A new 288-meter glass elevator clinging to the sheer walls of a remote canyon in southwestern China has transformed a dangerous multi-hour mountain climb into a swift, safe journey for local schoolchildren, while simultaneously boosting tourism in one of Yunnan province’s most isolated communities.

The Fuyao elevator, which began operating on July 31, rises along the vertical cliff face of the Nizhu River Grand Canyon in Xuanwei city’s Puli Township. It stands beside the 268-meter Qingyun elevator that opened in 2022. Together the two lifts, combined with a cable car and shuttle buses, have reduced the one-way trip from Nizhuhe village at the canyon floor to Guanzhai Village Primary School on the rim from more than three hours to about 30 minutes.

For generations, children living in the deep valley faced a perilous commute. Nizhuhe village sits at roughly 1,100 meters above sea level. The primary school is perched near 1,650 meters, leaving a vertical drop exceeding 500 meters. Students and parents once negotiated steep, exposed trails, ladders and slippery rock faces. Round trips could approach six hours, and many children boarded at the school, returning home only every 10 days or so.

“The Fuyao is faster and much more spacious than the Qingyun,” said Lei Xin, a 12-year-old from Nizhuhe village who attended Guanzhai Primary School until the previous year, after taking one of the first rides on the new lift.

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The Fuyao climbs at about 5 meters per second, completing the ascent in roughly 50 seconds. Its fully transparent 360-degree glass curtain wall offers panoramic views of the canyon and its winding streams. The cabin can carry up to 81 passengers, nearly three times the capacity of the older elevator. Combined, the two lifts move as many as 1,200 people per hour.

Cai Xiong, chairman of Xuanwei Yatuo Tourism Development, the company behind the project, said the new structure’s shaft is 20 meters taller than its predecessor. “The Fuyao goes from the bottom to the top in just 50 seconds, which is nearly twice as fast as the Qingyun, and it can carry up to 81 passengers at a time, nearly double the capacity,” Cai said, adding that the canyon views are unbeatable.

Local residents and students ride free of charge, with a dedicated school commute lane and staff support to keep children separate from tourist crowds. The system functions as what local media have called a “sky school bus.”

The project is part of a broader tourism development that has already drawn more than 1 million visitors since the first elevator opened. Daily visitor capacity in the scenic area has risen from about 4,000 to 15,000 with the second lift in operation. Cai projected that if trends continue, the site could see more than 600,000 tourists next year, with elevator revenue exceeding 3 million yuan.

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China already holds the Guinness World Record for the tallest outdoor elevator: the Bailong Elevator in Zhangjiajie National Forest Park, which rises 326 meters. The Yunnan installations are shorter but serve a dual purpose of daily local transport and sightseeing. The Fuyao and Qingyun are outdoor glass elevators fixed to the cliff face, engineered for the humid, foggy canyon environment with multiple power backups and monitoring systems.

Construction of the second elevator began in late 2024. The main structure was completed in 2025, and final work enabled the late-July opening. Ningbo Hongda Elevator, based in Zhejiang province, built both lifts. Engineers had to contend with long travel distances, mountain moisture and structural movement on the steel framework.

Before the elevators, local authorities had tried to improve the trail by cutting footholds and installing chains, yet the route remained hazardous, especially in rain. The combination of sightseeing shuttles, the cliff elevators and the cable car has eliminated the need for that climb for most daily travel.

Around 20 children from Nizhuhe and nearby villages use the route regularly. Guanzhai Primary School serves as a boarding school for students from the surrounding mountain communities. Parents rotate accompaniment duties, and dedicated staff and police help oversee the children’s passages.

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The elevators have also changed how residents view their landscape. One 10-year-old student told state media that riding the lift made her realize how beautiful her hometown was. Cai, who grew up in the mountains, recalled walking the dangerous path many times and said safety was a primary motivation for the project.

Tourism growth has brought additional benefits. Job opportunities and higher incomes have followed the influx of visitors drawn by the dramatic canyon scenery, glass bridges, observation decks and the elevators themselves. The dual-lift system has eased congestion that previously built up around the single Qingyun elevator.

Officials emphasize that the infrastructure prioritizes local access. Villagers and students retain free priority use even as tourist numbers climb. The scenic area includes other attractions such as a high glass footbridge and viewing platforms, positioning the canyon as a destination that pairs natural drama with engineering spectacle.

The Fuyao’s 288-meter height and transparent design allow passengers to experience the full vertical drama of the canyon in under a minute. At 5 meters per second, the ride is faster than the original Qingyun, which traveled at about 3 meters per second. The increased capacity and speed address both the practical needs of school transport and the demands of growing visitor traffic.

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In a region long isolated by its steep topography, the elevators represent a practical solution that also generates economic returns. The shift from a life-threatening trek to a short, scenic ride has altered daily routines for families in Nizhuhe. Children who once spent hours climbing can now reach class more reliably and return home more frequently.

As the second elevator settles into regular service, local leaders expect the combined system to sustain both educational access and tourism growth. The “sky school bus” continues to carry students upward each school day while offering visitors a brief, dramatic ascent along one of Yunnan’s most striking canyon walls.

The project illustrates how targeted infrastructure can address long-standing isolation in China’s mountainous interior. For the children of Nizhuhe, the glass elevators have turned a once-dreaded journey into a routine half-hour trip that ends with a view of the canyon they once had to climb.

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StubHub: Still A Buy, Still Strong, Still Underrated

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StubHub: Still A Buy, Still Strong, Still Underrated

StubHub: Still A Buy, Still Strong, Still Underrated

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InvestingPro’s Fair Value spotted TTM’s 38% drop before it happened

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InvestingPro’s Fair Value spotted TTM’s 38% drop before it happened

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AI Job Disruption Risk Factored Into $950,000 Injury Payout in Australian Legal First

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Artificial Intelligence / AI

SYDNEY — A New South Wales tribunal has become the first known legal body in Australia to explicitly factor the potential impact of artificial intelligence on the job market into a worker’s compensation payout, awarding an injured former warehouse worker nearly $1 million after finding his future earning capacity had to account for growing workplace uncertainty tied to AI.

The NSW Personal Injury Commission assessed earlier this month that Andrew Duong, a 34-year-old former warehouse worker for Aldi and a home delivery service, suffered damages totaling $950,000 following a head-on car collision on his way to work in 2023. The award included $400,000 specifically tied to Duong’s future economic loss, after the commission found he could continue working only with significant restrictions, and that his ongoing injuries and pain would further limit his ability to find alternative employment if he were to lose his current position.

Duong was working roughly 70 hours per week across his warehouse roles for Aldi and the home delivery service before the crash. The collision caused injuries to his right hand and wrist, shoulder, elbow and lower back, along with a psychological injury, and required two separate operations on his wrist. He ultimately lost his position at Aldi because he was not medically cleared to return to full-time work, though he remained employed by the delivery company on reduced hours following the accident.

Commission member Philip Carr, who assessed the case, found that Duong had 33 years of working life remaining that would be affected by his reduced capacity. Carr determined that Duong should receive what he described as a “significant buffer” to account for broader uncertainty surrounding his future earning potential, explicitly citing the disruptive potential of artificial intelligence as one of several contributing factors. “[And] with the uncertainty of any occupation in today’s workforce, especially with the advent of artificial intelligence and its workplace challenges during his working life, which requires an allowance for his future continuing loss of capacity,” Carr wrote in his determination.

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Importantly, the tribunal did not find that artificial intelligence had already cost Duong his job, nor did it predict with certainty that AI would do so in the future. Instead, Carr’s reasoning centered on the idea that AI-driven disruption could contribute to broader job market uncertainty in the years ahead, a dynamic that could disproportionately affect an injured worker who requires greater workplace accommodations than an uninjured colleague performing the same role. Carr identified artificial intelligence as one of several considerations factored into his overall assessment of Duong’s future earning capacity, alongside his physical injuries, ongoing medication needs, and the general risk that he could eventually lose his current, accommodated position.

The ruling arrives amid broader national debate over how significantly artificial intelligence is currently reshaping, or is likely to reshape, the Australian labor market. Dr. Leonora Risse, an associate professor in economics at Queensland University of Technology, said substantial uncertainty remains regarding AI’s overall impact on employment. “There’s no one definitive clear result. In some ways it’ll be positive, in other aspects, it will be negative,” Risse said. She noted that even in industries or roles not directly threatened by automation, AI is still likely to reshape the specific tasks and skills required within many jobs. “Work and tasks are going to look very different,” Risse said, adding that labor markets have historically undergone continuous change in response to technological shifts of various kinds.

The tribunal’s decision follows the Australian federal government’s first-ever formal analysis of AI’s impact on the national jobs market, which found no clear evidence of broad, AI-driven disruption within Australia’s labor force to date. Modelling conducted by the Department of Employment and Workplace Relations suggested that employment in occupations more heavily exposed to AI technology was running approximately 2% lower by February than would have been expected under pre-ChatGPT employment trends. However, the department cautioned repeatedly that this finding did not constitute proof that AI itself had directly caused job losses, noting that occupations more exposed to the technology had already been experiencing slower employment growth even before ChatGPT became widely available to the public. The government indicated it would continue monitoring available data as further evidence emerges regarding AI’s longer-term effects on the labor market.

A separate economic analysis from consultancy firm Deloitte, referenced alongside coverage of the Duong ruling, suggested that the organizations most likely to succeed amid AI-driven workplace changes will be those that effectively combine human judgment with machine capabilities, with recruiters interviewed for that report emphasizing that human decision-making will remain a critical factor even as AI tools become more deeply integrated into various industries.

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The Duong case is likely to draw significant attention from personal injury lawyers, insurers and tribunal members across Australia, given its status as what is believed to be the first instance of a legal body explicitly incorporating AI-related job market uncertainty into a formal compensation calculation. Legal and insurance industry observers may view the ruling as an early indicator of how tribunals and courts could increasingly grapple with quantifying the economic risk artificial intelligence poses to injured workers’ future earning capacity, particularly as AI adoption continues expanding across a broader range of industries and job functions.

As the debate over AI’s economic and employment impact continues to develop in Australia, both within government policy circles and now within the legal system itself, further cases addressing similar questions of AI-related occupational uncertainty may follow, particularly as additional workers navigating injury-related compensation claims seek to account for the same kind of long-term labor market unpredictability that shaped the commission’s assessment in Duong’s case. The federal government has indicated it considers it too early to draw firm conclusions about AI’s current or future effect on job losses in Australia, but has committed to continuing to monitor emerging data as the broader technology continues to evolve and become more widely adopted across the national workforce.

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Nvidia: It's All About SpaceX Now

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Nvidia: It's All About SpaceX Now

Nvidia: It's All About SpaceX Now

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U.S. Steel Stocks Nucor, Steel Dynamics: Big Winners As Canada Trade Talks Collapse?

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U.S. Steel Stocks Nucor, Steel Dynamics: Big Winners As Canada Trade Talks Collapse?

Nucor, Steel Dynamics, Cleveland-Cliffs and Century Aluminum could be winners from U.S.-Canada trade talks breaking down. Last week those stocks tumbled on the prospect of a Canada trade deal that would lower U.S. tariffs on steel and aluminum. New 50% tariffs on a $20 billion worth of Canadian goods, including liquor, electrical equipment and hockey gear, took effect on Saturday.…

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AST SpaceMobile: Sovereign Satellite Strategy Wins More Contracts; Launch Risks Explored

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Rocket Lab: 36x Forward P/S Looks Like A Valuation Trap (NASDAQ:RKLB)

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I am a full-time analyst interested in a wide range of stocks. With my unique insights and knowledge, I hope to provide other investors with a contrasting view of my portfolio, given my particular background.If you have any questions, feel free to reach out to me via a direct message on Seeking Alpha or leave a comment on one of my articles.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

The analysis is provided exclusively for informational purposes and should not be considered professional investment advice. Before investing, please conduct personal in-depth research and utmost due diligence, as there are many risks associated with the trade, including capital loss.

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Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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