OST Overview

Earnings Reports Expected: Several companies, including Home Depot, Medtronic, and Amer Sports, are set to report earnings prior to market opening on August 19, 2025.

Home Depot (HD): Forecasted earnings per share is $4.71, a slight increase from last year, but missed previous expectations by -0.84%. The company has a higher Price to Earnings ratio compared to its industry.

Medtronic (MDT): Expected earnings per share is $1.23, unchanged from last year, with a consistent record of beating expectations. It also shows a higher Price to Earnings ratio than its industry peers.

Other Companies: Viking Holdings and Premier, Inc. are also reporting, with Viking expected to see a significant increase in earnings while Premier anticipates a decrease. Opera Limited and OS Therapies have mixed forecasts as well.

Investors Lose Billions: U.S.-listed Chinese stocks experienced significant declines, losing a combined $3.7 billion in market value after being promoted on social media, raising concerns about potential pump-and-dump scams.

Affected Stocks: Seven specific stocks, including Concorde International and Ostin Technology, saw their values drop by over 80% following social media promotions, although there is no evidence that the companies were involved in these stock movements.

FBI Warning: The FBI reported a 300% increase in complaints related to ramp-and-dump stock fraud, highlighting that investors are often targeted through social media advertisements promoting fake investment clubs.

Regencell Bioscience Surge: Regencell Bioscience's shares surged nearly 10,000% year-to-date, with analysts warning it may follow a boom-and-bust pattern similar to other Chinese stocks, despite no indication of company involvement in unusual trading activity.

Upcoming Stock Splits: Several companies, including NewGenIVF and Anghami, are implementing reverse stock splits to comply with Nasdaq's listing requirements, with effective dates ranging from August 3 to August 5.

Market Impact: These stock splits often indicate a company's financial strategy or health, as many of the mentioned companies have seen significant declines in their stock prices this year.

Warning on Pheton Holdings: The Bear Cave has issued a report alleging that Pheton Holdings Ltd is involved in a pump-and-dump scheme, leading to a significant drop in its stock price by over 90% after claims of manipulation and false acquisition rumors surfaced.

Historical Context of Scams: The report highlights a pattern of similar fraudulent activities targeting U.S.-listed Chinese companies, where overseas scammers have previously caused dramatic stock collapses following unsubstantiated merger and acquisition claims.

Offering Details: Univest Securities, LLC announced the closing of a registered direct offering for Ostin Technology Group Co., Ltd., where the company sold 41,666,667 Class A ordinary shares at $0.12 per share, raising approximately $5 million.

Company Background: Ostin Technology Group, founded in 2010, specializes in manufacturing display modules and polarizers primarily for consumer electronics and automotive displays.