American Air raises guidance.-- A trendline entry for AAL stock could shape up today, with short-term resistance at 15.08. If American Airlines stock can advance a little further, a consolidation going back to January should take shape with a 17.74 buy point. American's world-spanning peers United Airlines and Delta Air rose 2% and 1.5%, respectvely, in early action. UAL stock is in a consolidationwith a 55.14 buy point. Investors could use a move above the May 23 high of 49.05 as an early entry. Delta stock is working on a 40.40 buy point from its own consolidation. We like Delta. I would wait for week-- Let the next QTr start then pounce.
45 Million shares later... and he nails it within 3 pennies. That might even turn out to be the 52 week high when we look back 5/31/2024. Odds are it will be.
Confluent to Host Investor Day on Tuesday, June 13, 2023 MOUNTAIN VIEW, Calif., May 23, 2023--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ: CFLT), the data streaming pioneer, today announced that it will host Investor Day 2023 in New York City on Tuesday, June 13, 2023. Management will provide an update on Confluent’s vision and strategy, products, go to market, and financials.
Last thought: RCAT I am close to buying this drone maker. About 20 days ago the stk spiked on a Ukraine purchase order that I thought pretty significant. All gains have been given back-- I think RCAT could be a big winner. Red Cat Receives Order for 200 Long-Range, High-Speed Drones for Ukrainian Deployment Red Cat Holdings, Inc. SAN JUAN, Puerto Rico, May 10, 2023 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or the “Company”), a military technology company integrating robotic hardware and software to protect and support the warfighter, announces that it will fulfill a purchase order to provide 200 long-range, high-speed FPV (first-person view) drones to Ukrainian drone pilots engaged in conflict with Russia. The FPV drones will be delivered to Ukraine in June. The drones to be shipped have the highest power-to-weight ratio in the drone industry, offering increased maneuverability, especially when combined with the FPV functionality of the drones. These FPV drones can also fly in GPS-denied and GPS-jammed battlefield conditions. “Fortunately, Red Cat has the U.S. manufacturing capacity required to quickly deliver on such orders,” said Red Cat CEO Jeff Thompson. “We are pleased to provide our product to Ukrainian drone pilots, and we look forward to continuing to engage with them, including by providing our new nighttime drone, the Teal 2. Much of drone activity is performed at night, and the Teal 2 is at the forefront of nighttime drone capabilities.” Officially launched last month, the Teal 2 is designed to Dominate the Night™ and is equipped with Teledyne FLIR’s new Hadron 640R sensor. This provides end-users with the highest resolution thermal imaging in a small (Group 1) form factor and is optimized for nighttime operations. Red Cat’s other technology partners for the Teal 2 include Athena AI, Reveal Technology, and Tomahawk Robotics.
Targets $1.10 // $1.30 & $1.40 If those are achieved Next year it's off to $2.40. Red Cat Holdings, Inc. (RCAT) NasdaqCM - NasdaqCM Real Time Price. 0.9306+0.0296 (+3.29%) As of 10:28AM EDT.
Last Qtr's update// next one should have the 200 Ukraine purchase... Operational Highlights: Red Cat partners with Athena AI for artificial intelligence and computer vision on new Teal 2 military drone Red Cat Holdings CEO to Visit NATO Countries for Talks on Military Drone Support for Ukraine Utah Governor Visits Red Cat Holdings Subsidiary Teal Drones to Discuss State Support for Local Defense Industry Teal Drones Enhances Low-Light Navigation Through New Partnership With Immervision Skypersonic Delivers Drones, Rover, and Piloting Platform to NASA’s Simulated Mars Missions Red Cat Holdings Signs Agreement to Divest Consumer Business Mary Beth Long, Former U.S. Assistant Secretary of Defense, Joins Red Cat Holdings Board of Directors U.S. Border Patrol Purchases over $1 Million of Teal Drones Third Quarter 2023 Financial Highlights: Revenues for the nine months ended January 31, 2023 were approximately $7.7 million, compared to approximately $5.1 million for the same period in fiscal 2022, representing an increase of more than 50% percent Nearly 25% of fiscal 2023 revenues to date were generated from sales to U.S. government agencies Cash and investments were approximately $25 million as of January 31, 2023 “The Teal 2 sUAS, with its new best-in-class thermal camera, is getting a great response from U.S. Customs and Border Protection, multiple NATO militaries, and federal law enforcement agencies,” said Red Cat CEO Jeff Thompson. “Our sales pipeline is growing rapidly, and the first program of record for quad copters – U.S. Army SRR Tranche 2 – is on track.” "We are pleased to report year-to-date revenue growth of more than 50%," stated Joseph Hernon, Chief Financial Officer. "Orders from U.S. government agencies continue to increase and represented almost 25% of fiscal 2023 revenues to date. Notably, the government procurement process can be lengthy and challenging, but the U.S. government is often a long-term, recurring customer once these relationships are established.