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phanghuiying
2021-02-10
HMM
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phanghuiying
2021-02-09
not relevant at all
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phanghuiying
2021-02-05
Nice!
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phanghuiying
2021-02-01
Apple :)
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phanghuiying
2021-02-01
nice
GameStop short Melvin Capital lost 53% in January
Go to Tiger App to see more news
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water to drink!","text":"More water to drink!","html":"More water to drink!"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":312504140,"gmtCreate":1612162818980,"gmtModify":1704867562638,"author":{"id":"3561105062822231","authorId":"3561105062822231","name":"phanghuiying","avatar":"https://static.tigerbbs.com/1e6de359b1f4fa96675ee77832707304","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561105062822231","authorIdStr":"3561105062822231"},"themes":[],"htmlText":"Apple :)","listText":"Apple :)","text":"Apple 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","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/312502260","repostId":"1127084130","repostType":4,"repost":{"id":"1127084130","pubTimestamp":1612160908,"share":"https://ttm.financial/m/news/1127084130?lang=&edition=fundamental","pubTime":"2021-02-01 14:28","market":"us","language":"en","title":"GameStop short Melvin Capital lost 53% in January","url":"https://stock-news.laohu8.com/highlight/detail?id=1127084130","media":"marketwatch","summary":"Melvin Capital Management, the hedge fund that has borne the brunt of losses from the soaring stock ","content":"<p>Melvin Capital Management, the hedge fund that has borne the brunt of losses from the soaring stock prices of heavily shorted stocks recently, lost 53% in January, according to people familiar with the firm.</p>\n<p>Melvin was founded by Gabe Plotkin, a former star portfolio manager for hedge-fund titan Steven A. Cohen. It started the year with about $12.5 billion and now runs more than $8 billion. The current figure includes $2.75 billion in emergency funds Citadel LLC, its partners and Mr. Cohen's Point72 Asset Management injected into the hedge fund last Monday.</p>\n<p>As part of the deal, they got non-controlling revenue shares in Melvin for three years. So far, Citadel, its partners and Point72 have lost money on the deal, though the precise scope of the loss was unclear Sunday.</p>\n<p>Melvin has massively de-risked its portfolio, said a client. People familiar with the hedge fund said its leverage ratio -- the value of its assets compared with its capital from investors -- was the lowest it has been since Melvin's 2014 start. They also said the firm's position-level liquidity, or its ability to exit securities in its portfolio easily, had increased significantly.</p>\n<p>New and existing clients have signed up to invest money into Melvin on Feb. 1, according to the people familiar. It was unclear how much they would be adding.</p>\n<p>Melvin had established itself in recent years as one of the top hedge funds on Wall Street, but a short position in GameStop Corp. hurt the firm in recent weeks. Losses extended beyond GameStop, with declines coming from throughout its portfolio during a period of market turmoil in January. Positions in which Melvin had publicly disclosed owning put options -- bearish contracts that typically profit as stocks fall -- in its last quarterly regulatory filing soared, while positions in companies it held sold off.</p>\n<p>Bed Bath & Beyond Inc., New York-listed Chinese tutoring company GSX Techedu Inc. and National Beverage Corp. were up 78.4%, 62% and 99% at their intraweek highs last week, respectively. Meanwhile, Booking Holdings Inc. and Expedia Group Inc. were down 9.9% and 13.4% at their intraweek lows.</p>\n<p>Traders say as GameStop continued to soar -- f rom $30 to $75 and higher -- there was a contagion effect. Managers lost confidence short positions would stop rising in value and covered heavily shorted names, worried social media-fueled investors would focus on companies they were short. They also started cutting their stakes in companies to reduce the risk in their portfolios, hurting other investors in those companies. Last week alone, GameStop shares soared more than four times.</p>\n<p>\"The performance pain...has been record breaking,\" read a note from Morgan Stanley to its trading clients last week.</p>\n<p>Indeed, hedge funds set near-daily records of various sorts last week for how much they pulled back their exposure to the U.S. stock market by covering their shorts and selling out of their wagers on companies, according to client notes from Morgan Stanley and Goldman Sachs Group Inc. On Wednesday, this type of so-called degrossing contributed to the largest one-day drop in funds' use of leverage on record, said a Goldman note.</p>\n<p>Maplelane Capital, another hedge fund that has sustained significant losses this month, ended January with a roughly 45% loss, said a person familiar with the fund. It managed about $3.5 billion at the start of the year.</p>\n<p>The frenetic trading that catapulted GameStop, AMC Entertainment Holdings Inc. and BlackBerry Ltd. into the ranks of the most traded stocks in the U.S. market and captured the attention of the White House and regulators also hit prominent hedge funds Point72 and D1 Capital Partners.</p>\n<p>D1, which ended the month down about 20%, was short AMC and GameStop, said people familiar with the fund. One of the people said D1 had exited both positions by Wednesday morning but that those were small drivers of losses. A more significant factor was shares of travel-related companies declining.</p>\n<p>Some fund managers say the episode is likely to change how the industry works.</p>\n<p>Fewer hedge funds are likely to highlight their bearish positions by disclosing put options, they said. Instead, funds may use Securities and Exchange Commission rules to keep confidential those positions, a tool activist investors have long used to build positions in companies quietly. More funds also may institute rules about avoiding thinly traded, heavily shorted stocks.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop short Melvin Capital lost 53% in January</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop short Melvin Capital lost 53% in January\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-01 14:28 GMT+8 <a href=https://www.marketwatch.com/story/gamestop-short-melvin-capital-lost-53-in-january-2021-01-31?mod=home-page><strong>marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Melvin Capital Management, the hedge fund that has borne the brunt of losses from the soaring stock prices of heavily shorted stocks recently, lost 53% in January, according to people familiar with ...</p>\n\n<a href=\"https://www.marketwatch.com/story/gamestop-short-melvin-capital-lost-53-in-january-2021-01-31?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/gamestop-short-melvin-capital-lost-53-in-january-2021-01-31?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127084130","content_text":"Melvin Capital Management, the hedge fund that has borne the brunt of losses from the soaring stock prices of heavily shorted stocks recently, lost 53% in January, according to people familiar with the firm.\nMelvin was founded by Gabe Plotkin, a former star portfolio manager for hedge-fund titan Steven A. Cohen. It started the year with about $12.5 billion and now runs more than $8 billion. The current figure includes $2.75 billion in emergency funds Citadel LLC, its partners and Mr. Cohen's Point72 Asset Management injected into the hedge fund last Monday.\nAs part of the deal, they got non-controlling revenue shares in Melvin for three years. So far, Citadel, its partners and Point72 have lost money on the deal, though the precise scope of the loss was unclear Sunday.\nMelvin has massively de-risked its portfolio, said a client. People familiar with the hedge fund said its leverage ratio -- the value of its assets compared with its capital from investors -- was the lowest it has been since Melvin's 2014 start. They also said the firm's position-level liquidity, or its ability to exit securities in its portfolio easily, had increased significantly.\nNew and existing clients have signed up to invest money into Melvin on Feb. 1, according to the people familiar. It was unclear how much they would be adding.\nMelvin had established itself in recent years as one of the top hedge funds on Wall Street, but a short position in GameStop Corp. hurt the firm in recent weeks. Losses extended beyond GameStop, with declines coming from throughout its portfolio during a period of market turmoil in January. Positions in which Melvin had publicly disclosed owning put options -- bearish contracts that typically profit as stocks fall -- in its last quarterly regulatory filing soared, while positions in companies it held sold off.\nBed Bath & Beyond Inc., New York-listed Chinese tutoring company GSX Techedu Inc. and National Beverage Corp. were up 78.4%, 62% and 99% at their intraweek highs last week, respectively. Meanwhile, Booking Holdings Inc. and Expedia Group Inc. were down 9.9% and 13.4% at their intraweek lows.\nTraders say as GameStop continued to soar -- f rom $30 to $75 and higher -- there was a contagion effect. Managers lost confidence short positions would stop rising in value and covered heavily shorted names, worried social media-fueled investors would focus on companies they were short. They also started cutting their stakes in companies to reduce the risk in their portfolios, hurting other investors in those companies. Last week alone, GameStop shares soared more than four times.\n\"The performance pain...has been record breaking,\" read a note from Morgan Stanley to its trading clients last week.\nIndeed, hedge funds set near-daily records of various sorts last week for how much they pulled back their exposure to the U.S. stock market by covering their shorts and selling out of their wagers on companies, according to client notes from Morgan Stanley and Goldman Sachs Group Inc. On Wednesday, this type of so-called degrossing contributed to the largest one-day drop in funds' use of leverage on record, said a Goldman note.\nMaplelane Capital, another hedge fund that has sustained significant losses this month, ended January with a roughly 45% loss, said a person familiar with the fund. It managed about $3.5 billion at the start of the year.\nThe frenetic trading that catapulted GameStop, AMC Entertainment Holdings Inc. and BlackBerry Ltd. into the ranks of the most traded stocks in the U.S. market and captured the attention of the White House and regulators also hit prominent hedge funds Point72 and D1 Capital Partners.\nD1, which ended the month down about 20%, was short AMC and GameStop, said people familiar with the fund. One of the people said D1 had exited both positions by Wednesday morning but that those were small drivers of losses. A more significant factor was shares of travel-related companies declining.\nSome fund managers say the episode is likely to change how the industry works.\nFewer hedge funds are likely to highlight their bearish positions by disclosing put options, they said. Instead, funds may use Securities and Exchange Commission rules to keep confidential those positions, a tool activist investors have long used to build positions in companies quietly. More funds also may institute rules about avoiding thinly traded, heavily shorted stocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":312504140,"gmtCreate":1612162818980,"gmtModify":1704867562638,"author":{"id":"3561105062822231","authorId":"3561105062822231","name":"phanghuiying","avatar":"https://static.tigerbbs.com/1e6de359b1f4fa96675ee77832707304","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561105062822231","authorIdStr":"3561105062822231"},"themes":[],"htmlText":"Apple :)","listText":"Apple :)","text":"Apple :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/312504140","repostId":"1152120826","repostType":4,"repost":{"id":"1152120826","pubTimestamp":1611898550,"share":"https://ttm.financial/m/news/1152120826?lang=&edition=fundamental","pubTime":"2021-01-29 13:35","market":"us","language":"en","title":"Apple Vs Microsoft: Which Is A Better Tech Stock To Buy Right Now?","url":"https://stock-news.laohu8.com/highlight/detail?id=1152120826","media":"Nasdaq","summary":"Could The Big Tech Earnings Supercharge Your Portfolio?This has been a major week forBig Tech Stocks","content":"<p>Could The Big Tech Earnings Supercharge Your Portfolio?</p><p>This has been a major week forBig Tech Stocksreleasing their earnings. Yet, markets took a turn on Wednesday. Major stock indexes suffered their sharpest one-day losses since October. This came amid concerns about COVID-19 vaccine distribution. And at the same time, Wall Street is captivated by insane rallies from GameStop (NYSE: GME) and AMC Entertainment (NYSE: AMC).</p><p>Sponsored LinksVolatility means opportunity. Start trading today!IC Markets</p><p>When irrational market reactions happen, most of us can’t help but get distracted from the main events that are taking place in thestock market. Today, we are not going to talk about the brinkmanship between Wall Street andReddit investors. Rather, we are going to focus on the tech giants who have been competing neck-to-neck for the past 4 decades. Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT) may not be competing on the same thing today. Still, the rivalry between thesetop tech stockscontinues. Apple remains a leader in the smartphone and wearables. Whereas, Microsoft has successfully transformed itself into a cloud company.</p><p>Now, Apple and Microsoft are two of the most valuable companies in the world. Choosing between these two giants probably is one difficult task to do. Of course, you don’t have to pick one between the two. But what if you do? Let’s take a look at their recent results.</p><p>Microsoft Hits $40 Billion In Quarterly Sales For First Time</p><p>Microsoft keeps going from strength to strength. Its latest quarterly report was a blast, to say the least. Revenue accelerated an impressive 17%, an exceptional rate for a company this size. That’s because it’s often assumed that a company will inevitably decelerate in growth as it becomes larger. However, Microsoft has proven that’s not always the case. In fact, it’s worth mentioning that the company’s net income rose by 33% year-over-year to $15.5 billion. If you look at the earnings alone, you would know that Microsoft’s quarter was strong across the board. With that all in mind, MSFT stock does seem like a solid investment.</p><p></p><p>Sure, Microsoft was growing at a healthy rate of 12%-14% for the past few years. Given its gigantic size, investors would love to know if the growth rate is sustainable, or even accelerating this rate. Among them, the highlight would be the revenue for its Intelligent Cloud, which hit $14.6 billion. That represents an increase of 23% from a year ago.</p><p>This is likely due to more people working from home, and companies transitioning to the cloud to accommodate remote working. Many are expecting the cloud segment to drive Microsoft’s overall growth rate in the future.</p>","source":"lsy1603171495471","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Vs Microsoft: Which Is A Better Tech Stock To Buy Right Now?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Vs Microsoft: Which Is A Better Tech Stock To Buy Right Now?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-01-29 13:35 GMT+8 <a href=https://www.nasdaq.com/articles/apple-aapl-vs-microsoft-msft%3A-which-is-a-better-tech-stock-to-buy-right-now-2021-01-28><strong>Nasdaq</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Could The Big Tech Earnings Supercharge Your Portfolio?This has been a major week forBig Tech Stocksreleasing their earnings. Yet, markets took a turn on Wednesday. Major stock indexes suffered their ...</p>\n\n<a href=\"https://www.nasdaq.com/articles/apple-aapl-vs-microsoft-msft%3A-which-is-a-better-tech-stock-to-buy-right-now-2021-01-28\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.nasdaq.com/articles/apple-aapl-vs-microsoft-msft%3A-which-is-a-better-tech-stock-to-buy-right-now-2021-01-28","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152120826","content_text":"Could The Big Tech Earnings Supercharge Your Portfolio?This has been a major week forBig Tech Stocksreleasing their earnings. Yet, markets took a turn on Wednesday. Major stock indexes suffered their sharpest one-day losses since October. This came amid concerns about COVID-19 vaccine distribution. And at the same time, Wall Street is captivated by insane rallies from GameStop (NYSE: GME) and AMC Entertainment (NYSE: AMC).Sponsored LinksVolatility means opportunity. Start trading today!IC MarketsWhen irrational market reactions happen, most of us can’t help but get distracted from the main events that are taking place in thestock market. Today, we are not going to talk about the brinkmanship between Wall Street andReddit investors. Rather, we are going to focus on the tech giants who have been competing neck-to-neck for the past 4 decades. Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT) may not be competing on the same thing today. Still, the rivalry between thesetop tech stockscontinues. Apple remains a leader in the smartphone and wearables. Whereas, Microsoft has successfully transformed itself into a cloud company.Now, Apple and Microsoft are two of the most valuable companies in the world. Choosing between these two giants probably is one difficult task to do. Of course, you don’t have to pick one between the two. But what if you do? Let’s take a look at their recent results.Microsoft Hits $40 Billion In Quarterly Sales For First TimeMicrosoft keeps going from strength to strength. Its latest quarterly report was a blast, to say the least. Revenue accelerated an impressive 17%, an exceptional rate for a company this size. That’s because it’s often assumed that a company will inevitably decelerate in growth as it becomes larger. However, Microsoft has proven that’s not always the case. In fact, it’s worth mentioning that the company’s net income rose by 33% year-over-year to $15.5 billion. If you look at the earnings alone, you would know that Microsoft’s quarter was strong across the board. With that all in mind, MSFT stock does seem like a solid investment.Sure, Microsoft was growing at a healthy rate of 12%-14% for the past few years. Given its gigantic size, investors would love to know if the growth rate is sustainable, or even accelerating this rate. Among them, the highlight would be the revenue for its Intelligent Cloud, which hit $14.6 billion. That represents an increase of 23% from a year ago.This is likely due to more people working from home, and companies transitioning to the cloud to accommodate remote working. Many are expecting the cloud segment to drive Microsoft’s overall growth rate in the future.","news_type":1},"isVote":1,"tweetType":1,"viewCount":199,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":380904463,"gmtCreate":1612499153152,"gmtModify":1704872031955,"author":{"id":"3561105062822231","authorId":"3561105062822231","name":"phanghuiying","avatar":"https://static.tigerbbs.com/1e6de359b1f4fa96675ee77832707304","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561105062822231","authorIdStr":"3561105062822231"},"themes":[],"htmlText":"Nice!","listText":"Nice!","text":"Nice!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/380904463","repostId":"2108715201","repostType":4,"isVote":1,"tweetType":1,"viewCount":392,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3561102963736661","authorId":"3561102963736661","name":"kylerwsm","avatar":"https://static.tigerbbs.com/a43845a47cc0ce18120e903c1eaffb3f","crmLevel":1,"crmLevelSwitch":0,"idStr":"3561102963736661","authorIdStr":"3561102963736661"},"content":"More water to drink!","text":"More water to drink!","html":"More water to drink!"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":381856518,"gmtCreate":1612955488034,"gmtModify":1704876477449,"author":{"id":"3561105062822231","authorId":"3561105062822231","name":"phanghuiying","avatar":"https://static.tigerbbs.com/1e6de359b1f4fa96675ee77832707304","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561105062822231","authorIdStr":"3561105062822231"},"themes":[],"htmlText":"HMM","listText":"HMM","text":"HMM","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/381856518","repostId":"2110098829","repostType":4,"repost":{"id":"2110098829","pubTimestamp":1612942404,"share":"https://ttm.financial/m/news/2110098829?lang=&edition=fundamental","pubTime":"2021-02-10 15:33","market":"fut","language":"en","title":"Why did Tesla buy bitcoin?","url":"https://stock-news.laohu8.com/highlight/detail?id=2110098829","media":"MarketWatch","summary":"Tesla Inc. has become the latest major corporation to make an investment in bitcoin, underscoring the increasing acceptability of the digital asset.The big question observers are asking is, why is the Elon Musk-run company doing this?Monday, electric-car maker Tesla said in a public filing that it purchased $1.5 billion of bitcoin and that it expects to begin accepting payment in the cryptocurrency for its products in the future.The move by Tesla to invest in bitcoins was seen as further confirm","content":"<p>Tesla Inc. has become the latest major corporation to make an investment in bitcoin, underscoring the increasing acceptability of the digital asset.</p>\n<p>The big question observers are asking is, why is the Elon Musk-run company doing this?</p>\n<p>Monday, electric-car maker Tesla said in a public filing that it purchased $1.5 billion of bitcoin and that it expects to begin accepting payment in the cryptocurrency for its products in the future.</p>\n<p>The move by Tesla to invest in bitcoins was seen as further confirmation of the legitimacy of the nascent asset that didn’t exist until about 12 years ago.</p>\n<p>However, bitcoin is seen as a volatile asset that is prone to sharp price volatility and Monday’s announcement by Tesla was described by some corporate finance professionals as an unnecessary addition of risk to the vehicle maker’s balance sheet in the form of currency or a commodity, depending on how you classify bitcoin.</p>\n<p>While it’s not clear, at this point, why Musk & Co. have opted to expose the company to the possible risk of owning bitcoin, here are a few reasons why the revolutionary company may have aligned itself with the crypto crowd.</p>\n<p><b>Diversification</b></p>\n<p>Tesla made it clear in its statement filed with its regulator the Securities and Exchange Commission that it sees bitcoin as a chance to diversify its cash and cash-equivalent holdings.</p>\n<p>Corporations usually hold excess cash and/or cash-equivalents, like Treasury bills or commercial paper on their books to provide operational liquidity and generate returns while limiting risks.</p>\n<p>Tesla wrote, “we updated our investment policy to provide us with more flexibility to further diversify and maximize returns on our cash that is not required to maintain adequate operating liquidity.”</p>\n<p>The move isn’t without risk, Tesla acknowledges as the price of bitcoin could slump.</p>\n<p>“If we hold digital assets and their values decrease relative to our purchase prices, our financial condition may be harmed,” the company acknowledges.</p>\n<p>But a single bitcoin, which has soared 62% so far this year, could easily be headed for a six-digit value if bullish momentum continues to build, which would make Musk look smart.</p>\n<p><b>Publicity stunt?</b></p>\n<p>“Thankfully, Elon Musk on Monday once again ensured no one would be bored, with the unexpected announcement that Tesla will buy bitcoin and accept them as payment for vehicles,” writes Craig Erlam, senior market analyst at Oanda, in a Tuesday research note.</p>\n<p>The analyst referred to the move as a “publicity stunt,” a move that everbody is talking about, but there are a number of ways to think about it.</p>\n<p><b>Brand management</b></p>\n<p>Bitcoin is associated with a group of iconoclastic founders who were attempting to break the mold on payments and fiat money. That was the idea behind cryptos being written into code back in 2009 by a person or persons known as Satoshi Nakamoto.</p>\n<p>Those rebellious notions align somewhat with Musk’s own agenda of disruption. Tesla is making electric-powered vehicles in a world that has thus far been dominated by fossil-fuel driven cars.</p>\n<p>Moreover, Tesla’s direct-to-customer sales model also is viewed as trendsetting, since many companies sell their cars through unaffiliated dealerships.</p>\n<p>Bitcoin’s image as a decentralized asset, not controlled by any one body, also fits with Tesla’s image and that of its leader Musk.</p>\n<p><img src=\"https://static.tigerbbs.com/33c354045da9bf1b0b8bbe93d0eb9e43\" tg-width=\"947\" tg-height=\"673\" referrerpolicy=\"no-referrer\"></p>\n<p><b>The future of $</b></p>\n<p>Tesla’s $1.5 billion investment in bitcoin could also be a simple hedge against the hegemony of the U.S. dollar as the world’s reserve currency since World War Two.</p>\n<p>Bitcoin, or something like it, represents the future of payment systems to many supporters, even if it isn’t currently an effective means of exchange due to its current volatility.</p>\n<p>“Yesterday’s move by Tesla to invest in bitcoin and start accepting it as payment for its own products really moved the needle,” wrote Simon Peters, cryptoasset analyst at multiasset investment platform eToro, in emailed comments.</p>\n<p>The eToro analyst said that there are unconfirmed talks about technology behemoths Apple Inc. and Google-parent Alphabet Inc.,linking it to their own payment systems.</p>\n<p>Musk is viewed as an innovator tied to electric vehicles, batteries and space exploration via SpaceX, but one of his early ventures was in payments.</p>\n<p><b>Writing on the wall</b></p>\n<p>The Wall Street Journal notes that, the Tesla CEO invested most of the $22 million he earned from the sale of an internet business into a new startup, X.com, which became PayPal Holdings about 20 years ago.</p>\n<p>PayPal currently is among the vanguard of bitcoin revolution. PayPal back in November opened up its cryptocurrency platform to all U.S. customers after conducting a more narrow rollout.</p>\n<p>Moreover, several high-profile Wall Street investors, including Stanley Druckenmiller and Paul Tudor Jones, have embraced bitcoin. Famed investor Bill Miller, founder of Miller Value Partners, in a letter to clients earlier this month published on the firm’s website, reaffirmed his bullish outlook on bitcoin.</p>\n<p>In other words, Tesla and Musk may be among the biggest to wade into the crypto pool, but a growing cadre of investors are starting to view the volatile digital-ledger-backed cryptos as a bona fide asset.</p>\n<p>“Corporate adoption takes another leap forward with Tesla announcement,” writes Devin Ryan, analyst at JMP Securities in a Monday research note.</p>\n<p>The researcher, along with fellow analyst Brian McKenna, noted they “believe the building ‘network effect’ around bitcoin is moving the broader crypto asset class into the mainstream, and with many hundreds of billions of dollars of value in infrastructure supporting the asset class, we see the already substantial (and growing) vested interest in its success as bullish for the industry.”</p>\n<p>On Tuesday, bitcoin touched a record high around $48,000 before pulling back, as the Dow Jones Industrial Average,the S&P 500 and the Nasdaq Composite indexes have seen relatively tepid trade on the day.</p>","source":"market_watch","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why did Tesla buy bitcoin?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy did Tesla buy bitcoin?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-10 15:33 GMT+8 <a href=https://www.marketwatch.com/story/why-did-tesla-buy-bitcoin-11612902220?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla Inc. has become the latest major corporation to make an investment in bitcoin, underscoring the increasing acceptability of the digital asset.\nThe big question observers are asking is, why is ...</p>\n\n<a href=\"https://www.marketwatch.com/story/why-did-tesla-buy-bitcoin-11612902220?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.marketwatch.com/story/why-did-tesla-buy-bitcoin-11612902220?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"2110098829","content_text":"Tesla Inc. has become the latest major corporation to make an investment in bitcoin, underscoring the increasing acceptability of the digital asset.\nThe big question observers are asking is, why is the Elon Musk-run company doing this?\nMonday, electric-car maker Tesla said in a public filing that it purchased $1.5 billion of bitcoin and that it expects to begin accepting payment in the cryptocurrency for its products in the future.\nThe move by Tesla to invest in bitcoins was seen as further confirmation of the legitimacy of the nascent asset that didn’t exist until about 12 years ago.\nHowever, bitcoin is seen as a volatile asset that is prone to sharp price volatility and Monday’s announcement by Tesla was described by some corporate finance professionals as an unnecessary addition of risk to the vehicle maker’s balance sheet in the form of currency or a commodity, depending on how you classify bitcoin.\nWhile it’s not clear, at this point, why Musk & Co. have opted to expose the company to the possible risk of owning bitcoin, here are a few reasons why the revolutionary company may have aligned itself with the crypto crowd.\nDiversification\nTesla made it clear in its statement filed with its regulator the Securities and Exchange Commission that it sees bitcoin as a chance to diversify its cash and cash-equivalent holdings.\nCorporations usually hold excess cash and/or cash-equivalents, like Treasury bills or commercial paper on their books to provide operational liquidity and generate returns while limiting risks.\nTesla wrote, “we updated our investment policy to provide us with more flexibility to further diversify and maximize returns on our cash that is not required to maintain adequate operating liquidity.”\nThe move isn’t without risk, Tesla acknowledges as the price of bitcoin could slump.\n“If we hold digital assets and their values decrease relative to our purchase prices, our financial condition may be harmed,” the company acknowledges.\nBut a single bitcoin, which has soared 62% so far this year, could easily be headed for a six-digit value if bullish momentum continues to build, which would make Musk look smart.\nPublicity stunt?\n“Thankfully, Elon Musk on Monday once again ensured no one would be bored, with the unexpected announcement that Tesla will buy bitcoin and accept them as payment for vehicles,” writes Craig Erlam, senior market analyst at Oanda, in a Tuesday research note.\nThe analyst referred to the move as a “publicity stunt,” a move that everbody is talking about, but there are a number of ways to think about it.\nBrand management\nBitcoin is associated with a group of iconoclastic founders who were attempting to break the mold on payments and fiat money. That was the idea behind cryptos being written into code back in 2009 by a person or persons known as Satoshi Nakamoto.\nThose rebellious notions align somewhat with Musk’s own agenda of disruption. Tesla is making electric-powered vehicles in a world that has thus far been dominated by fossil-fuel driven cars.\nMoreover, Tesla’s direct-to-customer sales model also is viewed as trendsetting, since many companies sell their cars through unaffiliated dealerships.\nBitcoin’s image as a decentralized asset, not controlled by any one body, also fits with Tesla’s image and that of its leader Musk.\n\nThe future of $\nTesla’s $1.5 billion investment in bitcoin could also be a simple hedge against the hegemony of the U.S. dollar as the world’s reserve currency since World War Two.\nBitcoin, or something like it, represents the future of payment systems to many supporters, even if it isn’t currently an effective means of exchange due to its current volatility.\n“Yesterday’s move by Tesla to invest in bitcoin and start accepting it as payment for its own products really moved the needle,” wrote Simon Peters, cryptoasset analyst at multiasset investment platform eToro, in emailed comments.\nThe eToro analyst said that there are unconfirmed talks about technology behemoths Apple Inc. and Google-parent Alphabet Inc.,linking it to their own payment systems.\nMusk is viewed as an innovator tied to electric vehicles, batteries and space exploration via SpaceX, but one of his early ventures was in payments.\nWriting on the wall\nThe Wall Street Journal notes that, the Tesla CEO invested most of the $22 million he earned from the sale of an internet business into a new startup, X.com, which became PayPal Holdings about 20 years ago.\nPayPal currently is among the vanguard of bitcoin revolution. PayPal back in November opened up its cryptocurrency platform to all U.S. customers after conducting a more narrow rollout.\nMoreover, several high-profile Wall Street investors, including Stanley Druckenmiller and Paul Tudor Jones, have embraced bitcoin. Famed investor Bill Miller, founder of Miller Value Partners, in a letter to clients earlier this month published on the firm’s website, reaffirmed his bullish outlook on bitcoin.\nIn other words, Tesla and Musk may be among the biggest to wade into the crypto pool, but a growing cadre of investors are starting to view the volatile digital-ledger-backed cryptos as a bona fide asset.\n“Corporate adoption takes another leap forward with Tesla announcement,” writes Devin Ryan, analyst at JMP Securities in a Monday research note.\nThe researcher, along with fellow analyst Brian McKenna, noted they “believe the building ‘network effect’ around bitcoin is moving the broader crypto asset class into the mainstream, and with many hundreds of billions of dollars of value in infrastructure supporting the asset class, we see the already substantial (and growing) vested interest in its success as bullish for the industry.”\nOn Tuesday, bitcoin touched a record high around $48,000 before pulling back, as the Dow Jones Industrial Average,the S&P 500 and the Nasdaq Composite indexes have seen relatively tepid trade on the day.","news_type":1},"isVote":1,"tweetType":1,"viewCount":432,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":383327410,"gmtCreate":1612841392430,"gmtModify":1704874861954,"author":{"id":"3561105062822231","authorId":"3561105062822231","name":"phanghuiying","avatar":"https://static.tigerbbs.com/1e6de359b1f4fa96675ee77832707304","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561105062822231","authorIdStr":"3561105062822231"},"themes":[],"htmlText":"not relevant at all","listText":"not relevant at all","text":"not relevant at all","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/383327410","repostId":"1190885543","repostType":4,"repost":{"id":"1190885543","pubTimestamp":1612838297,"share":"https://ttm.financial/m/news/1190885543?lang=&edition=fundamental","pubTime":"2021-02-09 10:38","market":"us","language":"en","title":"Forget About Cars. Apple Should Launch a Crypto Exchange, Analyst Says.","url":"https://stock-news.laohu8.com/highlight/detail?id=1190885543","media":"Barrons","summary":"Now here’s an idea. Maybe Apple should get into cryptocurrency-exchange business.That one comes cour","content":"<p>Now here’s an idea. Maybe Apple should get into cryptocurrency-exchange business.</p><p>That one comes courtesy of RBC Capital analyst Mitch Steves, who picked up coverage of Apple shares on Monday with an Outperform rating, lifting the firm’s target for the share price to $171, from $154. Apple stock was up 0.1% to $136.91.</p><p>The hot topic on Apple lately has been speculation that the company is nearing a deal with Hyundai on creating anApple Car(or maybe an iCar, MacCar, or Jobsmobile.) Steves thinks that a car might make sense eventually, but he is more intrigued by the idea that Apple could dip its toe into the cryptocurrency markets.</p><p>“When we look at Apple as an ecosystem player we note that the firm has industry-leading software, security and a 1.5B installed base [of hardware devices],” he wrote in a research note.In its recent December-quarter earnings announcement, Apple disclosed that the installed base of iPhones alone is now above 1 billion.</p><p>Steves agrees that an electric car could be a long-term opportunity, but he cautioned that competing with Tesla is a higher-risk proposition, which is likely to require more than $10 billion in research and development costs. He sees a better opportunity in leveragingApple Wallet, software on every iPhone that is used to manage Apple Pay, airline and event tickets, and other items.</p><p>Were Apple to enter the crypto-exchange business, Steves said, they would “immediately gain market share and disrupt the industry.” He noted that Square (SQ) generates about $1.6 billion a quarter from Bitcoin-related revenue on an installed base of about 30 million.</p><p>Apple, he said, has an installed base of more than 1.5 billion. If you assume 200 million users transact, he said, that would be 6.7 times the size of Square. On that basis, he concluded that the opportunity for Apple could be more than $40 billion a year, potentially boosting the top line by about 15%.</p><p>And Steves said the “best part” is that the required R&D cost “would be de minimis,” pointing out that Square’s entire R&D budget is under $1 billion. “Net Net: fundamentals at Apple remain secure with a cash flowing business related to iPhones, peripherals, computers and services,” he wrote. “However, the firm could unlock a multi-billion dollar opportunity with a few clicks while investing into next generation chips as well.”</p><p>He also says a move by Apple to buy $1 billion of Bitcoin would boost interest in Apple Exchange, or whatever the theoretical cryptocurrency-trading venue would be called. “Where would the price of bitcoin go if Apple purchase the asset?” he wrote. “Likely up.”</p><p>The note arrived the same day thatTesla announced it has purchased $1.5 billion in Bitcoin, and that it would start accepting the currency for payments. Bitcoin was up 12.8%, to $43,037 on the Tesla news. Imagine what would happen if Apple jumped into the fray.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Forget About Cars. Apple Should Launch a Crypto Exchange, Analyst Says.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nForget About Cars. Apple Should Launch a Crypto Exchange, Analyst Says.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-09 10:38 GMT+8 <a href=https://www.barrons.com/articles/forget-about-cars-apple-should-launch-a-crypto-exchange-analyst-says-51612814633?mod=hp_DAY_8><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Now here’s an idea. Maybe Apple should get into cryptocurrency-exchange business.That one comes courtesy of RBC Capital analyst Mitch Steves, who picked up coverage of Apple shares on Monday with an ...</p>\n\n<a href=\"https://www.barrons.com/articles/forget-about-cars-apple-should-launch-a-crypto-exchange-analyst-says-51612814633?mod=hp_DAY_8\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.barrons.com/articles/forget-about-cars-apple-should-launch-a-crypto-exchange-analyst-says-51612814633?mod=hp_DAY_8","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190885543","content_text":"Now here’s an idea. Maybe Apple should get into cryptocurrency-exchange business.That one comes courtesy of RBC Capital analyst Mitch Steves, who picked up coverage of Apple shares on Monday with an Outperform rating, lifting the firm’s target for the share price to $171, from $154. Apple stock was up 0.1% to $136.91.The hot topic on Apple lately has been speculation that the company is nearing a deal with Hyundai on creating anApple Car(or maybe an iCar, MacCar, or Jobsmobile.) Steves thinks that a car might make sense eventually, but he is more intrigued by the idea that Apple could dip its toe into the cryptocurrency markets.“When we look at Apple as an ecosystem player we note that the firm has industry-leading software, security and a 1.5B installed base [of hardware devices],” he wrote in a research note.In its recent December-quarter earnings announcement, Apple disclosed that the installed base of iPhones alone is now above 1 billion.Steves agrees that an electric car could be a long-term opportunity, but he cautioned that competing with Tesla is a higher-risk proposition, which is likely to require more than $10 billion in research and development costs. He sees a better opportunity in leveragingApple Wallet, software on every iPhone that is used to manage Apple Pay, airline and event tickets, and other items.Were Apple to enter the crypto-exchange business, Steves said, they would “immediately gain market share and disrupt the industry.” He noted that Square (SQ) generates about $1.6 billion a quarter from Bitcoin-related revenue on an installed base of about 30 million.Apple, he said, has an installed base of more than 1.5 billion. If you assume 200 million users transact, he said, that would be 6.7 times the size of Square. On that basis, he concluded that the opportunity for Apple could be more than $40 billion a year, potentially boosting the top line by about 15%.And Steves said the “best part” is that the required R&D cost “would be de minimis,” pointing out that Square’s entire R&D budget is under $1 billion. “Net Net: fundamentals at Apple remain secure with a cash flowing business related to iPhones, peripherals, computers and services,” he wrote. “However, the firm could unlock a multi-billion dollar opportunity with a few clicks while investing into next generation chips as well.”He also says a move by Apple to buy $1 billion of Bitcoin would boost interest in Apple Exchange, or whatever the theoretical cryptocurrency-trading venue would be called. “Where would the price of bitcoin go if Apple purchase the asset?” he wrote. “Likely up.”The note arrived the same day thatTesla announced it has purchased $1.5 billion in Bitcoin, and that it would start accepting the currency for payments. Bitcoin was up 12.8%, to $43,037 on the Tesla news. Imagine what would happen if Apple jumped into the fray.","news_type":1},"isVote":1,"tweetType":1,"viewCount":258,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":312502260,"gmtCreate":1612162561650,"gmtModify":1704867559885,"author":{"id":"3561105062822231","authorId":"3561105062822231","name":"phanghuiying","avatar":"https://static.tigerbbs.com/1e6de359b1f4fa96675ee77832707304","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3561105062822231","authorIdStr":"3561105062822231"},"themes":[],"htmlText":"nice ","listText":"nice ","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/312502260","repostId":"1127084130","repostType":4,"repost":{"id":"1127084130","pubTimestamp":1612160908,"share":"https://ttm.financial/m/news/1127084130?lang=&edition=fundamental","pubTime":"2021-02-01 14:28","market":"us","language":"en","title":"GameStop short Melvin Capital lost 53% in January","url":"https://stock-news.laohu8.com/highlight/detail?id=1127084130","media":"marketwatch","summary":"Melvin Capital Management, the hedge fund that has borne the brunt of losses from the soaring stock ","content":"<p>Melvin Capital Management, the hedge fund that has borne the brunt of losses from the soaring stock prices of heavily shorted stocks recently, lost 53% in January, according to people familiar with the firm.</p>\n<p>Melvin was founded by Gabe Plotkin, a former star portfolio manager for hedge-fund titan Steven A. Cohen. It started the year with about $12.5 billion and now runs more than $8 billion. The current figure includes $2.75 billion in emergency funds Citadel LLC, its partners and Mr. Cohen's Point72 Asset Management injected into the hedge fund last Monday.</p>\n<p>As part of the deal, they got non-controlling revenue shares in Melvin for three years. So far, Citadel, its partners and Point72 have lost money on the deal, though the precise scope of the loss was unclear Sunday.</p>\n<p>Melvin has massively de-risked its portfolio, said a client. People familiar with the hedge fund said its leverage ratio -- the value of its assets compared with its capital from investors -- was the lowest it has been since Melvin's 2014 start. They also said the firm's position-level liquidity, or its ability to exit securities in its portfolio easily, had increased significantly.</p>\n<p>New and existing clients have signed up to invest money into Melvin on Feb. 1, according to the people familiar. It was unclear how much they would be adding.</p>\n<p>Melvin had established itself in recent years as one of the top hedge funds on Wall Street, but a short position in GameStop Corp. hurt the firm in recent weeks. Losses extended beyond GameStop, with declines coming from throughout its portfolio during a period of market turmoil in January. Positions in which Melvin had publicly disclosed owning put options -- bearish contracts that typically profit as stocks fall -- in its last quarterly regulatory filing soared, while positions in companies it held sold off.</p>\n<p>Bed Bath & Beyond Inc., New York-listed Chinese tutoring company GSX Techedu Inc. and National Beverage Corp. were up 78.4%, 62% and 99% at their intraweek highs last week, respectively. Meanwhile, Booking Holdings Inc. and Expedia Group Inc. were down 9.9% and 13.4% at their intraweek lows.</p>\n<p>Traders say as GameStop continued to soar -- f rom $30 to $75 and higher -- there was a contagion effect. Managers lost confidence short positions would stop rising in value and covered heavily shorted names, worried social media-fueled investors would focus on companies they were short. They also started cutting their stakes in companies to reduce the risk in their portfolios, hurting other investors in those companies. Last week alone, GameStop shares soared more than four times.</p>\n<p>\"The performance pain...has been record breaking,\" read a note from Morgan Stanley to its trading clients last week.</p>\n<p>Indeed, hedge funds set near-daily records of various sorts last week for how much they pulled back their exposure to the U.S. stock market by covering their shorts and selling out of their wagers on companies, according to client notes from Morgan Stanley and Goldman Sachs Group Inc. On Wednesday, this type of so-called degrossing contributed to the largest one-day drop in funds' use of leverage on record, said a Goldman note.</p>\n<p>Maplelane Capital, another hedge fund that has sustained significant losses this month, ended January with a roughly 45% loss, said a person familiar with the fund. It managed about $3.5 billion at the start of the year.</p>\n<p>The frenetic trading that catapulted GameStop, AMC Entertainment Holdings Inc. and BlackBerry Ltd. into the ranks of the most traded stocks in the U.S. market and captured the attention of the White House and regulators also hit prominent hedge funds Point72 and D1 Capital Partners.</p>\n<p>D1, which ended the month down about 20%, was short AMC and GameStop, said people familiar with the fund. One of the people said D1 had exited both positions by Wednesday morning but that those were small drivers of losses. A more significant factor was shares of travel-related companies declining.</p>\n<p>Some fund managers say the episode is likely to change how the industry works.</p>\n<p>Fewer hedge funds are likely to highlight their bearish positions by disclosing put options, they said. Instead, funds may use Securities and Exchange Commission rules to keep confidential those positions, a tool activist investors have long used to build positions in companies quietly. More funds also may institute rules about avoiding thinly traded, heavily shorted stocks.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop short Melvin Capital lost 53% in January</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop short Melvin Capital lost 53% in January\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-01 14:28 GMT+8 <a href=https://www.marketwatch.com/story/gamestop-short-melvin-capital-lost-53-in-january-2021-01-31?mod=home-page><strong>marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Melvin Capital Management, the hedge fund that has borne the brunt of losses from the soaring stock prices of heavily shorted stocks recently, lost 53% in January, according to people familiar with ...</p>\n\n<a href=\"https://www.marketwatch.com/story/gamestop-short-melvin-capital-lost-53-in-january-2021-01-31?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/gamestop-short-melvin-capital-lost-53-in-january-2021-01-31?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127084130","content_text":"Melvin Capital Management, the hedge fund that has borne the brunt of losses from the soaring stock prices of heavily shorted stocks recently, lost 53% in January, according to people familiar with the firm.\nMelvin was founded by Gabe Plotkin, a former star portfolio manager for hedge-fund titan Steven A. Cohen. It started the year with about $12.5 billion and now runs more than $8 billion. The current figure includes $2.75 billion in emergency funds Citadel LLC, its partners and Mr. Cohen's Point72 Asset Management injected into the hedge fund last Monday.\nAs part of the deal, they got non-controlling revenue shares in Melvin for three years. So far, Citadel, its partners and Point72 have lost money on the deal, though the precise scope of the loss was unclear Sunday.\nMelvin has massively de-risked its portfolio, said a client. People familiar with the hedge fund said its leverage ratio -- the value of its assets compared with its capital from investors -- was the lowest it has been since Melvin's 2014 start. They also said the firm's position-level liquidity, or its ability to exit securities in its portfolio easily, had increased significantly.\nNew and existing clients have signed up to invest money into Melvin on Feb. 1, according to the people familiar. It was unclear how much they would be adding.\nMelvin had established itself in recent years as one of the top hedge funds on Wall Street, but a short position in GameStop Corp. hurt the firm in recent weeks. Losses extended beyond GameStop, with declines coming from throughout its portfolio during a period of market turmoil in January. Positions in which Melvin had publicly disclosed owning put options -- bearish contracts that typically profit as stocks fall -- in its last quarterly regulatory filing soared, while positions in companies it held sold off.\nBed Bath & Beyond Inc., New York-listed Chinese tutoring company GSX Techedu Inc. and National Beverage Corp. were up 78.4%, 62% and 99% at their intraweek highs last week, respectively. Meanwhile, Booking Holdings Inc. and Expedia Group Inc. were down 9.9% and 13.4% at their intraweek lows.\nTraders say as GameStop continued to soar -- f rom $30 to $75 and higher -- there was a contagion effect. Managers lost confidence short positions would stop rising in value and covered heavily shorted names, worried social media-fueled investors would focus on companies they were short. They also started cutting their stakes in companies to reduce the risk in their portfolios, hurting other investors in those companies. Last week alone, GameStop shares soared more than four times.\n\"The performance pain...has been record breaking,\" read a note from Morgan Stanley to its trading clients last week.\nIndeed, hedge funds set near-daily records of various sorts last week for how much they pulled back their exposure to the U.S. stock market by covering their shorts and selling out of their wagers on companies, according to client notes from Morgan Stanley and Goldman Sachs Group Inc. On Wednesday, this type of so-called degrossing contributed to the largest one-day drop in funds' use of leverage on record, said a Goldman note.\nMaplelane Capital, another hedge fund that has sustained significant losses this month, ended January with a roughly 45% loss, said a person familiar with the fund. It managed about $3.5 billion at the start of the year.\nThe frenetic trading that catapulted GameStop, AMC Entertainment Holdings Inc. and BlackBerry Ltd. into the ranks of the most traded stocks in the U.S. market and captured the attention of the White House and regulators also hit prominent hedge funds Point72 and D1 Capital Partners.\nD1, which ended the month down about 20%, was short AMC and GameStop, said people familiar with the fund. One of the people said D1 had exited both positions by Wednesday morning but that those were small drivers of losses. A more significant factor was shares of travel-related companies declining.\nSome fund managers say the episode is likely to change how the industry works.\nFewer hedge funds are likely to highlight their bearish positions by disclosing put options, they said. Instead, funds may use Securities and Exchange Commission rules to keep confidential those positions, a tool activist investors have long used to build positions in companies quietly. More funds also may institute rules about avoiding thinly traded, heavily shorted stocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
