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Update - March 21, 2025 Quantum Day didn't go very well. Rigetti CEO appeared to double-down on current quantum technology not being very useful.  Original article posted on Mar. 19 Rigetti Computing, Inc. reported weak Q4 results, with revenues dipping YoY. Nvidia's Quantum Day at the GTC 2025 event could temporarily boost Rigetti's stock based on quantum computing hype. Rigetti's CEO continues to emphasize limited commercial sales in the near future, relying heavily on government contracts and R&D milestones for now. Investors should consider cashing out if the stock surges due to the Nvidia event, as true commercialization is still 5 years away. The quantum computing space could see a major pop on any announcements coming out of the Quantum Day at the  Nvidia  ( NVDA ) GTC 2025 event this week.  Rigetti Computing, Inc.  ( NASDAQ: RGTI ) just  reported  weak Q4 results  and investors should hone in on the actual prospects of the quantum busi...

  Viking Therapeutics' hit yearly lows despite strong sector expectations, as it enters pivotal trials for obesity drugs. The biotech announced a production deal with CordenPharma, signaling confidence in FDA approval and eliminating the need for capital-intensive manufacturing facilities. The $150 million prepayment deal with CordenPharma ensures production capacity ensures production capacity for 1 billion oral tablets and billions in annual revenues. The stock only has a market cap of $3 billion after this dip, despite the potential for billions in sales and a peer trading at 12.5x sales targets. The obesity drug sector has taken a significant hit despite ongoing strong expectations for weight-loss drugs. The sector dip has left  Viking Therapeutics, Inc.  ( NASDAQ: VKTX ) at yearly lows just as the biotech enters pivotal trials for their  obesity drugs. My  investment thesis  remains ultra-Bullish on the stock following the latest dip and game-changing ...

Update - March 10, 2025 Reddit ended down 20% and over 50% from the highs.  The stock needs to close the gap to $80, before Reddit gets appealing.  Looking for a portfolio of ideas like this one? Members of Out Fox The Street get exclusive access to our subscriber-only portfolios.  Learn More » Original article posted on Feb. 3 Reddit's current growth rate is unsustainable with U.S. DAU growth decelerating and future growth likely to be challenging, similar to other social media stocks. The stock trades at over 20x forward sales, a multiple other social media stocks were unable to sustain. Investors should be cautious; while Reddit may report strong Q4 results, sustaining growth to justify its current stock price is uncertain. The stock market has an established history of smacking down social media stocks when the major growth phase ends.  Reddit, Inc.  ( NYSE: RDDT ) will ultimately face this outcome when the current spectacular growth phase normalizes. My...

Update - Mar.7, 2025 A CEO led deal right now makes no sense with shipping rates set to collapse and the Drewry World Container Index already down to $2,541. -ZIM Integrated Shipping (NYSE: ZIM) +7% - Shares soared amid takeover speculation, following reports that CEO Eli Glickman is exploring a management-led buyout of the Israel-based shipping firm. According to a StreetInsider report citing an unidentified source, Glickman is working with advisers on a potential bid, though it remains unclear whether his efforts will materialize or if the board will be receptive. The company is set to report its Q4 earnings on Wednesday. Original article posted on January 21.   ZIM Integrated Shipping Services Ltd. faces a bearish outlook due to the expected collapse in shipping rates following the end of the Red Sea disruption on a Hamas/Israel ceasefire. The container shipping market faces a potential 25% tonnage oversupply and an 11% drop in TEU-mile demand by the sector returning to the Suez...

IonQ continues to decline due to fading quantum computing hype and self-inflicted setbacks, despite impressive revenue growth from 2023 levels. The company guided to sequentially lower Q1 revenue and stopped reporting bookings, raising doubts about its ambitious $1 billion sales goal by 2030. CEO Peter Chapman's move to Executive Chairman and the decision to raise another $500 million have further shaken investor confidence. The stock still trades at a very expensive 65x forward sales. Looking for a portfolio of ideas like this one? Members of Out Fox The Street get exclusive access to our subscriber-only portfolios.  Learn More » IonQ, Inc.  ( NYSE: IONQ ) continues to roll over as the quantum computing hype fades. Along with the Q4 earnings report, the company made several moves that were self-inflicted as far as reducing the hype. My  investment thesis  remains ultra-Bearish on the stock due to the massive valuation multiples, even after the stock has already fall...

Update - Feb. 28, 2025 Nextdoor reported another strong quarter.  Q4 Revenue of $65.23M (+17.4% Y/Y)  beats by $2.11M . Adjusted EBITDA was $3.0 million, compared to a $14.0 million loss in the year-ago period, reflecting 30 percentage points of year-over-year margin improvement. The social media company guided to weak Q1 results due to going full speed ahead with the NEXT UI updates. This is great news for  investors, but the stock is down some 30% due to the markets short-term focus.  The stock trades at near cash value of $427 million.  Originally posted on Nov. 8 Looking for a portfolio of ideas like this one? Members of Out Fox The Street get exclusive access to our subscriber-only portfolios.  Learn More » Nextdoor has achieved a significant turnaround under the return of founding CEO Nirav Tolia, with 17% revenue growth and record WAUs. The company nearly eliminated losses, reporting a Q3 adjusted EBITDA loss of just $1 million, and expects to be cas...