Wedbush Securities

Members from our Research and Investment Banking teams, Seth Basham and Patrick Furlong will be attending SEMA & AAPEX 2024 in Las Vegas from November 5-8. As the premier global trade events in the automobile aftermarket, we look forward to seeing manufacturers, retailers and service providers showcase their latest innovations. #SEMA2024 #AAPEX2024 #AutoIndustry #AutomotiveInnovation

We recently hosted our 2024 President’s Club trip in Napa Valley, California! 🌿🍇 From inspiring conversations to beautiful views, it was the perfect way to honor our colleagues and their outstanding contributions to our firm. We are especially proud to recognize Daniel Ives with the Onward and Upward award, the highest honor at Wedbush, as a testament to embodying the spirit and vision of Ed Wedbush through growth, service, and client satisfaction.   Thank you to everyone who made this event so special. Here's to another great year and continued success! #OnwardandUpward #PresidentsClub2024 #WedbushNapa

Jay McCanless updated his TOL rating to #OUTPERFORM. He joined Bloomberg’s The Close to discuss what sets the “luxury-focused buyer” apart from other buyers in the space. [starts at 18:44] 

October gets us into the heart of football season where we can begin to see which teams are looking like the best ones this year. It is also an important month in the investment world because October is the beginning of the third quarter earnings season. Most publicly traded companies will report their third quarter earnings beginning in October and spanning the final quarter of the year.

Equity Research Analyst, Seth Basham, kick started the day with Joel Elconin, Dennis Dick, CFA, Aaron B. and an update on the retail space on Benzinga's PreMarketPrep. Grab your morning coffee and tune in to hear Seth’s take on the “sluggish” start to third quarter earnings. [starts at 34:15]

With lower rates on the horizon for regionals, Equity Research Analyst, David Chiaverini told Nicole Petallides that a steepening yield curve and lower-rate-driven loan demand can be “really beneficial.” 🏦 Catch the convo on Schwab Network here.

What makes today’s RH different from two years ago? #TuneIn to Bloomberg’s The Close to hear from Equity Research Analyst, Seth Basham on why he believes the company is “back on track," and how this is reflected in his recent upgrade to #Outperform. [starts at 16:44]

We are excited to announce the release of a new suite of highly functional APIs (application programming interfaces) that provide enhanced integration for our clearing clients. These APIs enable clearing clients to easily connect with Wedbush, allowing us to streamline key processes, from onboarding new customers to managing accounts efficiently. 

Our Wedbush colleagues joined WedbushCares and core partner, Scholastic for a heartwarming book fair event at Mark Twain Elementary School in Sacramento! More than 200 students received books, with additional donations made to the school. A big thanks to everyone who helped spread the love of reading and brightened students' days! 📚💙 #WedbushCares #TeamWedbush #BookFairMagic

NFLX wants investors to “focus solely on top-line revenue and earnings,” and they’re phasing out other metrics in future earnings reports, shared Equity Research Analyst, Alicia Reese, with Oliver Renick on Schwab Network. Solely looking at subscriber numbers doesn’t show the “huge benefit over time that they expect from that ad tier.” For what to look for in NFLX earnings and more, catch Alicia here.