TLDR Hyperliquid Strategies (PURR) approved a $30 million stock buyback program just days after launching as a public company The program runs for 12 months and aims to increase shareholder exposure to HYPE tokens on a per-share basis The company was formed through a merger between Sonnet BioTherapeutics and Rorschach SPAC, which closed on December [...] The post Hyperliquid Strategies (PURR) Stock: New HYPE Token Treasury Announces $30M Share Buyback appeared first on CoinCentral.TLDR Hyperliquid Strategies (PURR) approved a $30 million stock buyback program just days after launching as a public company The program runs for 12 months and aims to increase shareholder exposure to HYPE tokens on a per-share basis The company was formed through a merger between Sonnet BioTherapeutics and Rorschach SPAC, which closed on December [...] The post Hyperliquid Strategies (PURR) Stock: New HYPE Token Treasury Announces $30M Share Buyback appeared first on CoinCentral.

Hyperliquid Strategies (PURR) Stock: New HYPE Token Treasury Announces $30M Share Buyback

TLDR

  • Hyperliquid Strategies (PURR) approved a $30 million stock buyback program just days after launching as a public company
  • The program runs for 12 months and aims to increase shareholder exposure to HYPE tokens on a per-share basis
  • The company was formed through a merger between Sonnet BioTherapeutics and Rorschach SPAC, which closed on December 2
  • Trading began December 3 on Nasdaq at $3.64 per share, down about 1.1% at time of reporting
  • Hyperliquid Strategies filed in October to raise up to $1 billion through equity sales to fund HYPE token acquisitions

Hyperliquid Strategies has moved quickly to support its stock price. The publicly traded HYPE token treasury company approved a $30 million share repurchase program on Monday.


PURR Stock Card
Hyperliquid Strategies Inc Common Stock, PURR

The announcement came just days after the firm officially launched operations. This marks an unusually fast rollout for a stock buyback program. Most digital asset treasury companies wait much longer before implementing such measures.

The board authorized repurchases of up to $30 million worth of outstanding stock over the next 12 months. CEO David Schamis said the decision reflects a commitment to maximizing shareholder value through disciplined treasury management.

Hyperliquid Strategies joins other digital asset treasury firms that have rolled out stock support measures. BitMine and Strategy have both implemented buyback programs or cash reserves to support their share prices during market volatility.

Merger Creates New Public Vehicle for HYPE Exposure

The company resulted from a merger between Sonnet BioTherapeutics and Rorschach. Sonnet was a publicly traded healthcare technology firm. Rorschach was a special purpose acquisition company connected to crypto venture capital firm Paradigm.

The deal was originally scheduled to close in November. However, shareholders initially failed to provide sufficient approval. The merger ultimately completed on December 2, about two weeks behind schedule.

Trading began December 3 under the ticker symbol PURR on Nasdaq. Shares were priced at $3.64 on Monday, down roughly 1.1% from the listing price.

In October, Hyperliquid Strategies filed an S-1 statement with the SEC. The filing seeks authority to raise up to $1 billion through equity sales. These funds would go toward building the company’s HYPE token treasury.

The firm has stated it will stake most of its HYPE holdings. Some capital may also go toward decentralized finance activities that generate yields.

Strong Backing and Growing Competition

Strategic investors in Hyperliquid Strategies include D1 Capital, Galaxy Digital, Pantera Capital, Republic Digital, and 683 Capital. Former Barclays CEO Bob Diamond joined as chairman.

The underlying Hyperliquid protocol took an unconventional approach to funding. The project did not raise venture capital money. Instead, about one-third of the total HYPE token supply was airdropped to early users when it debuted in late 2023.

That distribution was valued at $1.2 billion. Additional tokens went to the founding team and the Hyper Foundation. None were explicitly earmarked for venture capital firms or traditional investors.

Hyperliquid has grown into the largest decentralized perpetual contracts exchange by accumulated trading volume. Competition has emerged recently from Aster on BNB Chain and Liquid on an Ethereum Layer 2 network.

Lion Group Holding, a Hong Kong-based brokerage, raised $600 million in June for its own HYPE treasury vehicle. This creates a second public market option for investors seeking exposure to the token.

HYPE traded near $29 on Monday. The token reached a peak of $59.30 in September.

The post Hyperliquid Strategies (PURR) Stock: New HYPE Token Treasury Announces $30M Share Buyback appeared first on CoinCentral.

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Summarize Any Stock’s Earnings Call in Seconds Using FMP API

Summarize Any Stock’s Earnings Call in Seconds Using FMP API

Turn lengthy earnings call transcripts into one-page insights using the Financial Modeling Prep APIPhoto by Bich Tran Earnings calls are packed with insights. They tell you how a company performed, what management expects in the future, and what analysts are worried about. The challenge is that these transcripts often stretch across dozens of pages, making it tough to separate the key takeaways from the noise. With the right tools, you don’t need to spend hours reading every line. By combining the Financial Modeling Prep (FMP) API with Groq’s lightning-fast LLMs, you can transform any earnings call into a concise summary in seconds. The FMP API provides reliable access to complete transcripts, while Groq handles the heavy lifting of distilling them into clear, actionable highlights. In this article, we’ll build a Python workflow that brings these two together. You’ll see how to fetch transcripts for any stock, prepare the text, and instantly generate a one-page summary. Whether you’re tracking Apple, NVIDIA, or your favorite growth stock, the process works the same — fast, accurate, and ready whenever you are. Fetching Earnings Transcripts with FMP API The first step is to pull the raw transcript data. FMP makes this simple with dedicated endpoints for earnings calls. If you want the latest transcripts across the market, you can use the stable endpoint /stable/earning-call-transcript-latest. For a specific stock, the v3 endpoint lets you request transcripts by symbol, quarter, and year using the pattern: https://financialmodelingprep.com/api/v3/earning_call_transcript/{symbol}?quarter={q}&year={y}&apikey=YOUR_API_KEY here’s how you can fetch NVIDIA’s transcript for a given quarter: import requestsAPI_KEY = "your_api_key"symbol = "NVDA"quarter = 2year = 2024url = f"https://financialmodelingprep.com/api/v3/earning_call_transcript/{symbol}?quarter={quarter}&year={year}&apikey={API_KEY}"response = requests.get(url)data = response.json()# Inspect the keysprint(data.keys())# Access transcript contentif "content" in data[0]: transcript_text = data[0]["content"] print(transcript_text[:500]) # preview first 500 characters The response typically includes details like the company symbol, quarter, year, and the full transcript text. If you aren’t sure which quarter to query, the “latest transcripts” endpoint is the quickest way to always stay up to date. Cleaning and Preparing Transcript Data Raw transcripts from the API often include long paragraphs, speaker tags, and formatting artifacts. Before sending them to an LLM, it helps to organize the text into a cleaner structure. Most transcripts follow a pattern: prepared remarks from executives first, followed by a Q&A session with analysts. Separating these sections gives better control when prompting the model. In Python, you can parse the transcript and strip out unnecessary characters. A simple way is to split by markers such as “Operator” or “Question-and-Answer.” Once separated, you can create two blocks — Prepared Remarks and Q&A — that will later be summarized independently. This ensures the model handles each section within context and avoids missing important details. Here’s a small example of how you might start preparing the data: import re# Example: using the transcript_text we fetched earliertext = transcript_text# Remove extra spaces and line breaksclean_text = re.sub(r'\s+', ' ', text).strip()# Split sections (this is a heuristic; real-world transcripts vary slightly)if "Question-and-Answer" in clean_text: prepared, qna = clean_text.split("Question-and-Answer", 1)else: prepared, qna = clean_text, ""print("Prepared Remarks Preview:\n", prepared[:500])print("\nQ&A Preview:\n", qna[:500]) With the transcript cleaned and divided, you’re ready to feed it into Groq’s LLM. Chunking may be necessary if the text is very long. A good approach is to break it into segments of a few thousand tokens, summarize each part, and then merge the summaries in a final pass. Summarizing with Groq LLM Now that the transcript is clean and split into Prepared Remarks and Q&A, we’ll use Groq to generate a crisp one-pager. The idea is simple: summarize each section separately (for focus and accuracy), then synthesize a final brief. Prompt design (concise and factual) Use a short, repeatable template that pushes for neutral, investor-ready language: You are an equity research analyst. Summarize the following earnings call sectionfor {symbol} ({quarter} {year}). Be factual and concise.Return:1) TL;DR (3–5 bullets)2) Results vs. guidance (what improved/worsened)3) Forward outlook (specific statements)4) Risks / watch-outs5) Q&A takeaways (if present)Text:<<<{section_text}>>> Python: calling Groq and getting a clean summary Groq provides an OpenAI-compatible API. Set your GROQ_API_KEY and pick a fast, high-quality model (e.g., a Llama-3.1 70B variant). We’ll write a helper to summarize any text block, then run it for both sections and merge. import osimport textwrapimport requestsGROQ_API_KEY = os.environ.get("GROQ_API_KEY") or "your_groq_api_key"GROQ_BASE_URL = "https://api.groq.com/openai/v1" # OpenAI-compatibleMODEL = "llama-3.1-70b" # choose your preferred Groq modeldef call_groq(prompt, temperature=0.2, max_tokens=1200): url = f"{GROQ_BASE_URL}/chat/completions" headers = { "Authorization": f"Bearer {GROQ_API_KEY}", "Content-Type": "application/json", } payload = { "model": MODEL, "messages": [ {"role": "system", "content": "You are a precise, neutral equity research analyst."}, {"role": "user", "content": prompt}, ], "temperature": temperature, "max_tokens": max_tokens, } r = requests.post(url, headers=headers, json=payload, timeout=60) r.raise_for_status() return r.json()["choices"][0]["message"]["content"].strip()def build_prompt(section_text, symbol, quarter, year): template = """ You are an equity research analyst. Summarize the following earnings call section for {symbol} ({quarter} {year}). Be factual and concise. Return: 1) TL;DR (3–5 bullets) 2) Results vs. guidance (what improved/worsened) 3) Forward outlook (specific statements) 4) Risks / watch-outs 5) Q&A takeaways (if present) Text: <<< {section_text} >>> """ return textwrap.dedent(template).format( symbol=symbol, quarter=quarter, year=year, section_text=section_text )def summarize_section(section_text, symbol="NVDA", quarter="Q2", year="2024"): if not section_text or section_text.strip() == "": return "(No content found for this section.)" prompt = build_prompt(section_text, symbol, quarter, year) return call_groq(prompt)# Example usage with the cleaned splits from Section 3prepared_summary = summarize_section(prepared, symbol="NVDA", quarter="Q2", year="2024")qna_summary = summarize_section(qna, symbol="NVDA", quarter="Q2", year="2024")final_one_pager = f"""# {symbol} Earnings One-Pager — {quarter} {year}## Prepared Remarks — Key Points{prepared_summary}## Q&A Highlights{qna_summary}""".strip()print(final_one_pager[:1200]) # preview Tips that keep quality high: Keep temperature low (≈0.2) for factual tone. If a section is extremely long, chunk at ~5–8k tokens, summarize each chunk with the same prompt, then ask the model to merge chunk summaries into one section summary before producing the final one-pager. If you also fetched headline numbers (EPS/revenue, guidance) earlier, prepend them to the prompt as brief context to help the model anchor on the right outcomes. Building the End-to-End Pipeline At this point, we have all the building blocks: the FMP API to fetch transcripts, a cleaning step to structure the data, and Groq LLM to generate concise summaries. The final step is to connect everything into a single workflow that can take any ticker and return a one-page earnings call summary. The flow looks like this: Input a stock ticker (for example, NVDA). Use FMP to fetch the latest transcript. Clean and split the text into Prepared Remarks and Q&A. Send each section to Groq for summarization. Merge the outputs into a neatly formatted earnings one-pager. Here’s how it comes together in Python: def summarize_earnings_call(symbol, quarter, year, api_key, groq_key): # Step 1: Fetch transcript from FMP url = f"https://financialmodelingprep.com/api/v3/earning_call_transcript/{symbol}?quarter={quarter}&year={year}&apikey={api_key}" resp = requests.get(url) resp.raise_for_status() data = resp.json() if not data or "content" not in data[0]: return f"No transcript found for {symbol} {quarter} {year}" text = data[0]["content"] # Step 2: Clean and split clean_text = re.sub(r'\s+', ' ', text).strip() if "Question-and-Answer" in clean_text: prepared, qna = clean_text.split("Question-and-Answer", 1) else: prepared, qna = clean_text, "" # Step 3: Summarize with Groq prepared_summary = summarize_section(prepared, symbol, quarter, year) qna_summary = summarize_section(qna, symbol, quarter, year) # Step 4: Merge into final one-pager return f"""# {symbol} Earnings One-Pager — {quarter} {year}## Prepared Remarks{prepared_summary}## Q&A Highlights{qna_summary}""".strip()# Example runprint(summarize_earnings_call("NVDA", 2, 2024, API_KEY, GROQ_API_KEY)) With this setup, generating a summary becomes as simple as calling one function with a ticker and date. You can run it inside a notebook, integrate it into a research workflow, or even schedule it to trigger after each new earnings release. Free Stock Market API and Financial Statements API... Conclusion Earnings calls no longer need to feel overwhelming. With the Financial Modeling Prep API, you can instantly access any company’s transcript, and with Groq LLM, you can turn that raw text into a sharp, actionable summary in seconds. This pipeline saves hours of reading and ensures you never miss the key results, guidance, or risks hidden in lengthy remarks. Whether you track tech giants like NVIDIA or smaller growth stocks, the process is the same — fast, reliable, and powered by the flexibility of FMP’s data. Summarize Any Stock’s Earnings Call in Seconds Using FMP API was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story
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Medium2025/09/18 14:40