-
New Crypto Accounting Rules Could Accelerate Corporate Bitcoin Adoption, Says CEO Of Leading BTC Miner — Mark-To-Market Standards 'Really Important'
Wednesday, January 15, 2025 - 6:06am | 767HIVE Digital Technologies Ltd. (NASDAQ:HIVE) co-founder Frank Holmes said that the new cryptocurrency accounting standards will remove barriers to corporate adoption of Bitcoin (CRYPTO: BTC). What Happened: During an interview with Scott Melker, host of the popular “The Wolf of All Streets...
-
1 ETF Shows The Economy Is Stronger Than We Think, Bulldog Holmes Tells Benzinga
Wednesday, June 28, 2023 - 3:11pm | 670Renowned businessman and U.S. Global Investors CEO Frank 'Bulldog' Holmes appeared on Benzinga's PreMarket Prep show Wednesday morning to discuss a variety of topics, including how the U.S. Global Jets ETF (NYSE: JETS) is up 15.4% in the last month. JETS counts the “Big 4...
-
PreMarket Prep Recap: Market At All-Time-Highs, But Not All News Is Good News
Monday, December 16, 2019 - 7:26pm | 836Although the indexes were firmly in the green during Monday's PreMarket Prep show, the co-hosts were discussing two issues that were deep in the red at the top of the broadcast. Headline Risk Is The Reality When Owning Or Shorting Boeing Ever since two fatal crashes led to the grounding of...
-
Wall Street Will Do What It Wants With A Stock Regardless Of Earnings
Friday, February 10, 2017 - 10:40am | 315Walt Disney Co (NYSE: DIS) shares showed its resilience to a not-so-good print and it seemed to have got the investor confidence that the resumption in growth is on its way. Disney reported a mixed first quarter, with EPS beating the Street, while revenues missing the consensus estimate. Results...
-
Are Airliners Good As Gold?
Thursday, February 9, 2017 - 12:30pm | 802Frank Holmes, CEO and chief investment officer of U.S. Global Investors, stopped by for Wednesday's edition of Benzinga's PreMarket Prep Morning show to talk about two areas of his market expertise: airlines and gold. The two industries are both seeing one of the better rallies in the...
-
A View From The Sky: Jets ETF Executive Provides Top-Down Look At Airliners
Friday, January 27, 2017 - 9:33am | 871If there has been one consistent upside industry this earnings season so far, it is airliners. Delta Air Lines, Inc. (NYSE: DAL), United Continental Holdings Inc (NYSE: UAL) and Southwest Airlines Co (NYSE: LUV) have all come out with strong reports, exceeding revenue estimates and showing...
-
Is There A Pilot Shortage?
Monday, October 31, 2016 - 12:27pm | 273Benzinga had the opportunity to chat with Frank Holmes of U.S. Global Investors, and part of the conversation focused on the airline industry. According to Holmes, the airline industry is very constrained by the limited number of pilots, which has resulted in 25 percent fewer flights departing from...
-
Southwest, Not United, Could Buy Virgin America Says World's Only Airline ETF Manager
Wednesday, March 23, 2016 - 2:44pm | 325Market chatter on Wednesday has shed some interesting light on a potential buyer for Virgin America Inc (NASDAQ: VA). Bloomberg reported Virgin is in fact amid sales talks with suitors interested in part or all of the company. "The carrier, which flies to destinations throughout the U.S....
-
Frank Holmes Of U.S. Global Investors Likes Gold And Airlines
Thursday, January 21, 2016 - 8:02am | 179Frank Holmes Of U.S. Global Investors spoke on CNBC about his top picks in current market environment. He revealed that his company has a long position in gold. He noticed that gold companies had great returns in Australia and Canada and he believes that they have been a safe place. The airline...
-
Jets ETF CEO: Airliners Set For 'Spectacular Earnings'
Tuesday, December 8, 2015 - 12:27pm | 456Frank Holmes, CEO and Chief Investment Officer of U.S. Global Investors, told Benzinga that airliners are set up to report "spectacular earnings." Holmes added that airline stocks have gained as of late following a notable dip in oil prices. The airline and investment pro...
-
Is Glencore Too Big To Fail?
Tuesday, September 29, 2015 - 2:09pm | 863An Investec note highlighting Glencore International PLC, St. Heiler (OTC: GLCNF)’s debt issues have sent shares plunging this week. Glencore’s size and role as a commodity trading firm have drawn fearful comparisons to Lehman Bros. A report by University of Houston professor Craig...
-
Morgan Stanley Is Not Backing Down On Airlines. Should You?
Tuesday, August 4, 2015 - 8:34am | 722In a report published Tuesday, Morgan Stanley analyst Rajeev Lalwani commented on the U.S. airline sector, noting that the recent drop in fuel prices is offsetting what would have been "large" downward revisions to his earnings estimates. According to Lalwani, PRASM (passenger revenue...
-
A Deeper Look Into Airlines, And The Rise Of The 'Global Middle Class'
Wednesday, July 29, 2015 - 5:29pm | 671Airlines are in the midst of a smooth ascent after many of the top dogs in the United States released earnings last week. American Airlines Group Inc (NASDAQ: AAL), Delta Air Lines, Inc. (NYSE: DAL) and United Continental Holdings Inc (NYSE: UAL) all posted beats, while Southwest...
-
Exclusive: Airline ETF Manager Weighs In On Industry In Light Of DOJ Investigation
Wednesday, July 1, 2015 - 3:52pm | 488Airliners are selling off late in the day on Wednesday following news from the Department Of Justice that airliners would be investigated for collusion on airfares. Benzinga spoke with Frank Holmes, manager of the U.S. Global Jets ETF (NYSE: JETS) for his take on the news. Holmes highlighted...
-
Exclusive: U.S. Global Investors CEO Talks Airlines
Tuesday, June 2, 2015 - 3:09pm | 532About a month ago, Benzinga spoke with Frank Holmes, CEO and Chief Investment Officer of U.S. Global Investors, about the brand new U.S. Global Jets ETF (NYSE: JETS), the only pure-play airline ETF. Over the past month, airline stocks and the new ETF have significantly lagged the S&P 500....