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Buraien
2021-07-26
Nice
Apple, Tesla, Amazon, Pfizer, and Other Stocks to Watch This Week
Buraien
2021-04-15
Hola this is my first post.
Buraien
2022-05-11
Sure not?
Grab: Building A Super App
Buraien
2021-07-21
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Cryptocurrency-related stocks soar in morning trading
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2021-07-21
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Blockchain firm Core Scientific to go public via $4.3 billion SPAC deal
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not?","listText":"Sure not?","text":"Sure not?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9064087623","repostId":"1116694400","repostType":2,"repost":{"id":"1116694400","pubTimestamp":1652231997,"share":"https://ttm.financial/m/news/1116694400?lang=&edition=fundamental","pubTime":"2022-05-11 09:19","market":"us","language":"en","title":"Grab: Building A Super App","url":"https://stock-news.laohu8.com/highlight/detail?id=1116694400","media":"Seeking Alpha","summary":"SummaryGrab is the largest SPAC that went public last year, with a market cap of around $40 billion.","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Grab is the largest SPAC that went public last year, with a market cap of around $40 billion.</li><li>The stock hit an all-time high last November at $17 and has been plummeting since.</li><li>The company is trying to build a Super App by launching more products beyond ride sharing.</li><li>There are huge opportunities ahead, but valuation is still elevated compared to peers and profitability remains an issue.</li><li>Grab is a hold for now.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9d553f7e5cdf038e0841ed8ed1d4b4b7\" tg-width=\"1080\" tg-height=\"720\" referrerpolicy=\"no-referrer\"/><span>kokkai/iStock Unreleased via Getty Images</span></p><p><b>Investment Thesis</b></p><p>Grab Holdings Limited (NASDAQ:GRAB) went public through a SPAC merger with Altimeter Growth Corp. The company was valued at $39.5 billion in equity value and $30.4 billion in EV (enterprise value, making it the largest SPAC dealto date. The stock price went up from $10 to $17 right after the merger, but has been plummeting since. It is now down over 80% from its high last year trading at $2.76 currently.</p><p>This is partly due to the broad sell-off in high-growth stocks amid the fear of rising rates and inflation, but it is also because Grab failed to deliver the financial performance it forecasted in its Investor Presentation prior to the merger. However, I believe the TAM (total addressable market) for Grab is huge, as it is now expanding to businesses beyond ride-sharing and food delivery. This provides a huge opportunity and upside for the company if they are able to capitalize on it.</p><p>After the massive drop in its share price, the company is now trading at a market cap of around $10 billion, which I think is fair. Therefore, I rate the stock a hold at the moment as we wait and see if management is able to execute and deliver.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d5060b45b3754a6adeb4884ccc158bd4\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\"/><span>Data by YCharts</span></p><p><b>Introduction</b></p><p>Grab is a ride-sharing and food delivery company founded in Singapore in 2012 by Anthony Tan. It is not a popular name in America or Europe, but it has been a household name in Southeast Asia.</p><p>Grab started as a pure ride-sharing company in Malaysia with the intention to provide safer and more efficient taxi services by connecting passengers with private hire and taxis. After gaining some traction, they started to expand their service into other countries like Singapore, Thailand, the Philippines, Indonesia, and Vietnam. It also started launching more flexible ride-sharing options such as business rides, premium rides, coach rides, and more.</p><p>The company also acquired Uber's (UBER) business in SEA (South East Asia), making it the ride-sharing leader in the region.According to the company, it now has a 71% market share in the ride-sharing market. In the last few years, Grab is trying to grow beyond being just a ride-sharing company. It is rapidly expanding into other sectors and aiming to build a super app in SEA.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a636a21de910e529373809865bc7a135\" tg-width=\"640\" tg-height=\"400\" referrerpolicy=\"no-referrer\"/><span>Grab</span></p><p><b>Super App</b></p><p>A lot of industries in Southeast Asia are really fragmented. Grab is trying to consolidate these industries' services together by building a super app that is able to fulfill customers' daily needs all in one place. I believe this is the right direction for the company, as it significantly increases its product breadth and TAM. They introduced GrabExpress and GrabFood. GrabExpress is an on-demand delivery service with live GPS tracking that helps customers send documents, items, and more. Whereas GrabFood is a food delivery service. This is smart, as the company already has a lot of drivers, therefore the two expansion is very easy and smooth.</p><p>Then they launched GrabPay, one of the most important products, essentially the heart of their Super app. It provides customers a digital wallet and card which they can use to store, pay, and transfer money easily. This is important as it allows customers to easily pay for any product in the app, and also allows the company to process all the payments. It also introduced GrabRewards, a rewards program for app users, in order to drive customer engagement. The company now provides products such as Insurance, auto investing, loans, BNPL, and more. It is also introducing new partnerships with companies like McDonald's (MCD) and Starbucks (SBUX) to offer electronic payments in their stores.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4ac1d8904fa938c2c7124d5e1d5f9256\" tg-width=\"640\" tg-height=\"400\" referrerpolicy=\"no-referrer\"/><span>Grab</span></p><p>The company is starting to form its own ecosystem and the Grab app is so important to customers that they can't live without it. From ordering food, booking a taxi, paying bills, investing, and shopping online, the Grab app got you all covered. The company is currently operating in over 400 cities across the SEA region and serving 24 million monthly active users. I believe the Super App is poised to continue its strong growth as the total addressable market in SEA is huge and its penetration rate is still low compared to other continents like North America and Europe.</p><p>According to Grab, the total online food delivery market will be valued at $170 billion in 2025, while the mobility market and digital payment market will increase to $235 billion and $1.3 trillion, respectively, in 2025. Besides, currently, only 17% of the population in SEA is engaged in digital payment compared to 42% in China and 82% in the US. These numbers show that SEA is still in the early innings of online disruption and provides a huge opportunity for Grab. As the company further expands its service, the engagement from users will continue to increase, which will further strengthen Grab's Super App.</p><p><b>Financials and Numbers</b></p><p>Part of the reason the company missed its forecasted financials is due to the lockdown in SEA in 2021. With ride-sharing being its biggest revenue stream, the lockdown significantly impacted its financials. It also reduces the usage of the e-wallet, as customers aren't able to shop and spend outside. This situation unprecedentedly affected the progression of its Super App. From the chart below, you can see that the company's mobility GMV (gross merchandising volume) dipped from December 2020 to August 2021 but has been recovering strongly since. Monthly transacting users also reached an all-time high of 27.7 million after bottoming last year. I believe this uptrend will continue as COVID cases ease.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6e1fdcaf96d04fbaacb71fd7de933b8b\" tg-width=\"640\" tg-height=\"400\" referrerpolicy=\"no-referrer\"/><span>Grab</span></p><p>For the full year of 2021, Grab reported revenue of $675 million compared to $469 million a year ago, representing an increase of 44%. GMV increased 29% from $12.5 billion to $16.1 billion, a record high for the company. Deliveries and financial services reported GMV growth of 56% and 37% respectively, which offset the 14% YoY drop in mobility. Its e-wallet and food delivery now have market shares of 21% and 51% in SEA, respectively. It guided GMV for Q1 2022 to be around $6.3 billion and forecasted GMV growth of 30%-35% for the rest of the year. The company also ended the year with $9 billion in cash, which allows them to take the cash burn and further invest in the business.</p><p>The top line for the company is strong but the bottom line is disastrous. The loss for FY21 is $3.6 billion and an adjusted EBITDA loss of $842 billion. It is expanding quickly, but cost control is something to keep an eye on going forward. I expect the company will post a profit soon as financial revenue starts to ramp up, it also has a much stronger margin profile compared to the mobility and delivery segment.</p><p>This is the same approach that SEA (SE) and Mercadolibre (MELI) are doing. Cost synergies will also start to kick in as users start to use more products. In 2018, only 21% of customers use more than 2 products, the percentage has now increased 1.7 times to 56%. As the apps scale, the company will be able to have better leverage, which I believe will improve profitability.</p><p><b>Valuation</b></p><p>Despite the massive drop in share price and market cap, the company's valuation is still expensive. At the current price of $2.84, it has a PS (price to sales) ratio of 11.7. From the chart below, you can see that it is significantly more expensive than other ride-sharing and food delivery companies like Uber, DoorDash (DASH), and Lyft (LYFT). It is trading at almost an 8x premium compared to Uber and Lyft.</p><p>However, Grab is a much more diversified business with a much larger opportunity. Much of its valuation is valued on its potential to grow its financial service segment and build other high-margin products by leveraging its huge existing customer base. It is definitely not cheap by any means, especially if you value it using traditional metrics, but I think the current valuation is fair given the growth runway the company has.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/30e1c852498601ba39d3053d7b007ac4\" tg-width=\"635\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Data by YCharts</span></p><p><b>Risk</b></p><p>Much of my thesis is based on the company successfully scaling its Super App by expanding its product offerings and increasing engagement. Therefore, management's execution will be key going forward. If they fail to grow their financial service segment and improve their profitability, the valuation may compress quickly to levels similar to Uber and DoorDash.</p><p>The current macro situation may also post some potential headwinds. As inflation persists, consumers may start spending less which will affect the GMV of their e-wallet. Higher gas costs may also reduce the take rate for the mobility segment and reduce the number of drivers, which will further hurt margins.</p><p><b>Conclusion</b></p><p>In conclusion, I believe Grab's Super App has a huge potential going forward. The SEA market is expanding quickly while penetration rates still remain low. This provides a huge opportunity for further expansion. The company also has a huge existing customer base that it can leverage.</p><p>GRAB has been executing well by launching new products and increasing partnerships. It has also managed to live through the unprecedented headwind caused by the lockdown, which shows the management's strong ability to execute. The company's valuation is elevated, especially when compared to its competitors. However, Grab's business is a lot more diverse and has a much larger TAM.</p><p>I believe that, if Grab is able to continue to execute well, it can grow into its valuation relatively quickly. I rate the company as a hold for now.</p></body></html>","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>Grab: Building A Super App</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\">\nGrab: Building A Super App\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-11 09:19 GMT+8 <a href=https://seekingalpha.com/article/4509640-grab-building-a-super-app><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryGrab is the largest SPAC that went public last year, with a market cap of around $40 billion.The stock hit an all-time high last November at $17 and has been plummeting since.The company is ...</p>\n\n<a href=\"https://seekingalpha.com/article/4509640-grab-building-a-super-app\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GRAB":"Grab Holdings"},"source_url":"https://seekingalpha.com/article/4509640-grab-building-a-super-app","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116694400","content_text":"SummaryGrab is the largest SPAC that went public last year, with a market cap of around $40 billion.The stock hit an all-time high last November at $17 and has been plummeting since.The company is trying to build a Super App by launching more products beyond ride sharing.There are huge opportunities ahead, but valuation is still elevated compared to peers and profitability remains an issue.Grab is a hold for now.kokkai/iStock Unreleased via Getty ImagesInvestment ThesisGrab Holdings Limited (NASDAQ:GRAB) went public through a SPAC merger with Altimeter Growth Corp. The company was valued at $39.5 billion in equity value and $30.4 billion in EV (enterprise value, making it the largest SPAC dealto date. The stock price went up from $10 to $17 right after the merger, but has been plummeting since. It is now down over 80% from its high last year trading at $2.76 currently.This is partly due to the broad sell-off in high-growth stocks amid the fear of rising rates and inflation, but it is also because Grab failed to deliver the financial performance it forecasted in its Investor Presentation prior to the merger. However, I believe the TAM (total addressable market) for Grab is huge, as it is now expanding to businesses beyond ride-sharing and food delivery. This provides a huge opportunity and upside for the company if they are able to capitalize on it.After the massive drop in its share price, the company is now trading at a market cap of around $10 billion, which I think is fair. Therefore, I rate the stock a hold at the moment as we wait and see if management is able to execute and deliver.Data by YChartsIntroductionGrab is a ride-sharing and food delivery company founded in Singapore in 2012 by Anthony Tan. It is not a popular name in America or Europe, but it has been a household name in Southeast Asia.Grab started as a pure ride-sharing company in Malaysia with the intention to provide safer and more efficient taxi services by connecting passengers with private hire and taxis. After gaining some traction, they started to expand their service into other countries like Singapore, Thailand, the Philippines, Indonesia, and Vietnam. It also started launching more flexible ride-sharing options such as business rides, premium rides, coach rides, and more.The company also acquired Uber's (UBER) business in SEA (South East Asia), making it the ride-sharing leader in the region.According to the company, it now has a 71% market share in the ride-sharing market. In the last few years, Grab is trying to grow beyond being just a ride-sharing company. It is rapidly expanding into other sectors and aiming to build a super app in SEA.GrabSuper AppA lot of industries in Southeast Asia are really fragmented. Grab is trying to consolidate these industries' services together by building a super app that is able to fulfill customers' daily needs all in one place. I believe this is the right direction for the company, as it significantly increases its product breadth and TAM. They introduced GrabExpress and GrabFood. GrabExpress is an on-demand delivery service with live GPS tracking that helps customers send documents, items, and more. Whereas GrabFood is a food delivery service. This is smart, as the company already has a lot of drivers, therefore the two expansion is very easy and smooth.Then they launched GrabPay, one of the most important products, essentially the heart of their Super app. It provides customers a digital wallet and card which they can use to store, pay, and transfer money easily. This is important as it allows customers to easily pay for any product in the app, and also allows the company to process all the payments. It also introduced GrabRewards, a rewards program for app users, in order to drive customer engagement. The company now provides products such as Insurance, auto investing, loans, BNPL, and more. It is also introducing new partnerships with companies like McDonald's (MCD) and Starbucks (SBUX) to offer electronic payments in their stores.GrabThe company is starting to form its own ecosystem and the Grab app is so important to customers that they can't live without it. From ordering food, booking a taxi, paying bills, investing, and shopping online, the Grab app got you all covered. The company is currently operating in over 400 cities across the SEA region and serving 24 million monthly active users. I believe the Super App is poised to continue its strong growth as the total addressable market in SEA is huge and its penetration rate is still low compared to other continents like North America and Europe.According to Grab, the total online food delivery market will be valued at $170 billion in 2025, while the mobility market and digital payment market will increase to $235 billion and $1.3 trillion, respectively, in 2025. Besides, currently, only 17% of the population in SEA is engaged in digital payment compared to 42% in China and 82% in the US. These numbers show that SEA is still in the early innings of online disruption and provides a huge opportunity for Grab. As the company further expands its service, the engagement from users will continue to increase, which will further strengthen Grab's Super App.Financials and NumbersPart of the reason the company missed its forecasted financials is due to the lockdown in SEA in 2021. With ride-sharing being its biggest revenue stream, the lockdown significantly impacted its financials. It also reduces the usage of the e-wallet, as customers aren't able to shop and spend outside. This situation unprecedentedly affected the progression of its Super App. From the chart below, you can see that the company's mobility GMV (gross merchandising volume) dipped from December 2020 to August 2021 but has been recovering strongly since. Monthly transacting users also reached an all-time high of 27.7 million after bottoming last year. I believe this uptrend will continue as COVID cases ease.GrabFor the full year of 2021, Grab reported revenue of $675 million compared to $469 million a year ago, representing an increase of 44%. GMV increased 29% from $12.5 billion to $16.1 billion, a record high for the company. Deliveries and financial services reported GMV growth of 56% and 37% respectively, which offset the 14% YoY drop in mobility. Its e-wallet and food delivery now have market shares of 21% and 51% in SEA, respectively. It guided GMV for Q1 2022 to be around $6.3 billion and forecasted GMV growth of 30%-35% for the rest of the year. The company also ended the year with $9 billion in cash, which allows them to take the cash burn and further invest in the business.The top line for the company is strong but the bottom line is disastrous. The loss for FY21 is $3.6 billion and an adjusted EBITDA loss of $842 billion. It is expanding quickly, but cost control is something to keep an eye on going forward. I expect the company will post a profit soon as financial revenue starts to ramp up, it also has a much stronger margin profile compared to the mobility and delivery segment.This is the same approach that SEA (SE) and Mercadolibre (MELI) are doing. Cost synergies will also start to kick in as users start to use more products. In 2018, only 21% of customers use more than 2 products, the percentage has now increased 1.7 times to 56%. As the apps scale, the company will be able to have better leverage, which I believe will improve profitability.ValuationDespite the massive drop in share price and market cap, the company's valuation is still expensive. At the current price of $2.84, it has a PS (price to sales) ratio of 11.7. From the chart below, you can see that it is significantly more expensive than other ride-sharing and food delivery companies like Uber, DoorDash (DASH), and Lyft (LYFT). It is trading at almost an 8x premium compared to Uber and Lyft.However, Grab is a much more diversified business with a much larger opportunity. Much of its valuation is valued on its potential to grow its financial service segment and build other high-margin products by leveraging its huge existing customer base. It is definitely not cheap by any means, especially if you value it using traditional metrics, but I think the current valuation is fair given the growth runway the company has.Data by YChartsRiskMuch of my thesis is based on the company successfully scaling its Super App by expanding its product offerings and increasing engagement. Therefore, management's execution will be key going forward. If they fail to grow their financial service segment and improve their profitability, the valuation may compress quickly to levels similar to Uber and DoorDash.The current macro situation may also post some potential headwinds. As inflation persists, consumers may start spending less which will affect the GMV of their e-wallet. Higher gas costs may also reduce the take rate for the mobility segment and reduce the number of drivers, which will further hurt margins.ConclusionIn conclusion, I believe Grab's Super App has a huge potential going forward. The SEA market is expanding quickly while penetration rates still remain low. This provides a huge opportunity for further expansion. The company also has a huge existing customer base that it can leverage.GRAB has been executing well by launching new products and increasing partnerships. It has also managed to live through the unprecedented headwind caused by the lockdown, which shows the management's strong ability to execute. The company's valuation is elevated, especially when compared to its competitors. However, Grab's business is a lot more diverse and has a much larger TAM.I believe that, if Grab is able to continue to execute well, it can grow into its valuation relatively quickly. I rate the company as a hold for now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":236,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4099650032870960","authorId":"4099650032870960","authorIdStr":"4099650032870960","name":"Helloyah","avatar":"https://static.tigerbbs.com/04a600ad88159fff17f3cf715916ac3a","crmLevel":2,"crmLevelSwitch":0,"idStr":"4099650032870960"},"content":"i also doubt","text":"i also doubt","html":"i also doubt"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":800308069,"gmtCreate":1627275419651,"gmtModify":1703486533566,"author":{"id":"3568721631363771","authorId":"3568721631363771","authorIdStr":"3568721631363771","name":"Buraien","avatar":"https://static.tigerbbs.com/3172e0e2d1786b034c3d997253035831","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568721631363771"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/800308069","repostId":"1100772026","repostType":4,"isVote":1,"tweetType":1,"viewCount":308,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176845144,"gmtCreate":1626877542588,"gmtModify":1703479822098,"author":{"id":"3568721631363771","authorId":"3568721631363771","authorIdStr":"3568721631363771","name":"Buraien","avatar":"https://static.tigerbbs.com/3172e0e2d1786b034c3d997253035831","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568721631363771"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/176845144","repostId":"1182009211","repostType":4,"repost":{"id":"1182009211","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1626876025,"share":"https://ttm.financial/m/news/1182009211?lang=&edition=fundamental","pubTime":"2021-07-21 22:00","market":"us","language":"en","title":"Cryptocurrency-related stocks soar in morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1182009211","media":"Tiger Newspress","summary":"(July 21) Cryptocurrency-related stocks soar in morning trading. \nOn day after sliding below $30,000","content":"<p>(July 21) Cryptocurrency-related stocks soar in morning trading. </p>\n<p>On day after sliding below $30,000, a key support level which many said has to hold, it did just that with bitcoin storming higher and back over $31,000.</p>\n<p><img src=\"https://static.tigerbbs.com/96ba84b633e0ac3f409f8c463cd88beb\" tg-width=\"310\" tg-height=\"366\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/b1ff2661c20fa3335bbd359f86b5e594\" tg-width=\"687\" tg-height=\"733\" referrerpolicy=\"no-referrer\"></p>","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>Cryptocurrency-related stocks soar in morning trading</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\">\nCryptocurrency-related stocks soar in morning trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-07-21 22:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(July 21) Cryptocurrency-related stocks soar in morning trading. </p>\n<p>On day after sliding below $30,000, a key support level which many said has to hold, it did just that with bitcoin storming higher and back over $31,000.</p>\n<p><img src=\"https://static.tigerbbs.com/96ba84b633e0ac3f409f8c463cd88beb\" tg-width=\"310\" tg-height=\"366\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/b1ff2661c20fa3335bbd359f86b5e594\" tg-width=\"687\" tg-height=\"733\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182009211","content_text":"(July 21) Cryptocurrency-related stocks soar in morning trading. \nOn day after sliding below $30,000, a key support level which many said has to hold, it did just that with bitcoin storming higher and back over $31,000.","news_type":1},"isVote":1,"tweetType":1,"viewCount":268,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176842711,"gmtCreate":1626877526733,"gmtModify":1703479821106,"author":{"id":"3568721631363771","authorId":"3568721631363771","authorIdStr":"3568721631363771","name":"Buraien","avatar":"https://static.tigerbbs.com/3172e0e2d1786b034c3d997253035831","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568721631363771"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/176842711","repostId":"1137267771","repostType":4,"repost":{"id":"1137267771","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1626877398,"share":"https://ttm.financial/m/news/1137267771?lang=&edition=fundamental","pubTime":"2021-07-21 22:23","market":"us","language":"en","title":"Blockchain firm Core Scientific to go public via $4.3 billion SPAC deal","url":"https://stock-news.laohu8.com/highlight/detail?id=1137267771","media":"Reuters","summary":"(Reuters) -Core Scientific will go public through a merger with a special purpose acquisition compan","content":"<p>(Reuters) -Core Scientific will go public through a merger with a special purpose acquisition company (SPAC) in a deal that values the blockchain infrastructure and software firm at $4.3 billion, the companies said on Wednesday.</p>\n<p>The deal with Power & Digital Infrastructure Acquisition Corp will fetch $300 million in cash proceeds, Core Scientific said.</p>\n<p>Some cryptocurrency firms like Peter Thiel-backed Bullish and FTX Trading Ltd have either raised funds or have gone public at high valuations, unfazed by the waning of investor enthusiasm in cryptocurrencies and the regulatory crackdown globally.</p>","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>Blockchain firm Core Scientific to go public via $4.3 billion SPAC deal</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\">\nBlockchain firm Core Scientific to go public via $4.3 billion SPAC deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-21 22:23</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Reuters) -Core Scientific will go public through a merger with a special purpose acquisition company (SPAC) in a deal that values the blockchain infrastructure and software firm at $4.3 billion, the companies said on Wednesday.</p>\n<p>The deal with Power & Digital Infrastructure Acquisition Corp will fetch $300 million in cash proceeds, Core Scientific said.</p>\n<p>Some cryptocurrency firms like Peter Thiel-backed Bullish and FTX Trading Ltd have either raised funds or have gone public at high valuations, unfazed by the waning of investor enthusiasm in cryptocurrencies and the regulatory crackdown globally.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137267771","content_text":"(Reuters) -Core Scientific will go public through a merger with a special purpose acquisition company (SPAC) in a deal that values the blockchain infrastructure and software firm at $4.3 billion, the companies said on Wednesday.\nThe deal with Power & Digital Infrastructure Acquisition Corp will fetch $300 million in cash proceeds, Core Scientific said.\nSome cryptocurrency firms like Peter Thiel-backed Bullish and FTX Trading Ltd have either raised funds or have gone public at high valuations, unfazed by the waning of investor enthusiasm in cryptocurrencies and the regulatory crackdown globally.","news_type":1},"isVote":1,"tweetType":1,"viewCount":428,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347079558,"gmtCreate":1618452564874,"gmtModify":1704711043969,"author":{"id":"3568721631363771","authorId":"3568721631363771","authorIdStr":"3568721631363771","name":"Buraien","avatar":"https://static.tigerbbs.com/3172e0e2d1786b034c3d997253035831","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568721631363771"},"themes":[],"htmlText":"Hola this is my first post.","listText":"Hola this is my first post.","text":"Hola this is my first post.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/347079558","isVote":1,"tweetType":1,"viewCount":426,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":800308069,"gmtCreate":1627275419651,"gmtModify":1703486533566,"author":{"id":"3568721631363771","authorId":"3568721631363771","authorIdStr":"3568721631363771","name":"Buraien","avatar":"https://static.tigerbbs.com/3172e0e2d1786b034c3d997253035831","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568721631363771"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/800308069","repostId":"1100772026","repostType":4,"repost":{"id":"1100772026","pubTimestamp":1627254622,"share":"https://ttm.financial/m/news/1100772026?lang=&edition=fundamental","pubTime":"2021-07-26 07:10","market":"us","language":"en","title":"Apple, Tesla, Amazon, Pfizer, and Other Stocks to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1100772026","media":"Barrons","summary":"It’s the busiest week of second-quarter earnings season. About $one$ third of S&P 500 companies are scheduled to report. Tesla and Lockheed Martin kick things off on M onday, followed by a packed Tuesday: Apple, Microsoft, Alphabet, $Visa$, $AMD$, UPS, General Electric, $3M$, and Starbucks headline a 42-report day.$Facebook$, Shopify, Boeing, Ford Motor, $PayPal$ Holdings, Pfizer, and Qualcomm release results on Wednesday. Then Amazon.com, Comcast, Mastercard, and T-Mobile US report on Thursday.","content":"<p>It’s the busiest week of second-quarter earnings season. About <a href=\"https://laohu8.com/S/AONE.U\">one</a> third of S&P 500 companies are scheduled to report. Tesla and Lockheed Martin kick things off on M onday, followed by a packed Tuesday: Apple, Microsoft, Alphabet, <a href=\"https://laohu8.com/S/V\">Visa</a>, <a href=\"https://laohu8.com/S/AMD\">AMD</a>, UPS, General Electric, <a href=\"https://laohu8.com/S/MMM\">3M</a>, and Starbucks headline a 42-report day.</p>\n<p><a href=\"https://laohu8.com/S/FB\">Facebook</a>, Shopify, Boeing, Ford Motor, <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings, Pfizer, and Qualcomm release results on Wednesday. Then Amazon.com, Comcast, Mastercard, and T-Mobile US report on Thursday. Finally, Exxon Mobil, Caterpillar, <a href=\"https://laohu8.com/S/CHTR\">Charter Communications</a>, Chevron, and Procter & Gamble close the week on Friday.</p>\n<p><img src=\"https://static.tigerbbs.com/4564430f7fe9649d97a7a105615955e5\" tg-width=\"1562\" tg-height=\"676\" referrerpolicy=\"no-referrer\">There will be plenty of action on the economic calendar this week too. The Federal Reserve’s policy committee wraps up a two-day meeting on Wednesday. A change in interest rates is off the table, but officials could reveal more information about their timeline for reducing bond purchases. Fed Chair Jerome Powell’s post-meeting press conference will be must-watch viewing.</p>\n<p>On Thursday, the Bureau of Economic Analysis publishes its first official estimate of second-quarter U.S. gross domestic product. Economists are expecting a white-hot 9.1% seasonally adjusted annual growth rate, up from 6.4% in the first quarter.</p>\n<p>Other data out this week include the Conference Board’s Consumer Confidence Index for July and the Commerce Department’s durable goods orders for June, both on Tuesday. The latter is often viewed as a decent proxy for business investment.</p>\n<p>Monday 7/26</p>\n<p>Cadence Design Systems, Hasbro, Lockheed Martin, Otis Worldwide, and Tesla report quarterly results.</p>\n<p>The Census Bureau reports new single-family home sales for June. Economists forecast a seasonally adjusted annual rate of 800,000 new homes sold, 4% more than May’s 769,000.</p>\n<p>Tuesday 7/27</p>\n<p>It’s a big day for megacap tech earnings. Alphabet, Apple, and Microsoft will release quarterly results. The three companies are among the five largest globally by market value, worth a combined $6.4 trillion.</p>\n<p>3M, Advanced Micro Devices, Chubb, Ecolab, General Electric, Invesco, Mondelez International, MSCI, Raytheon Technologies, Starbucks, United Parcel Service, and Visa announce earnings.</p>\n<p>The Conference Board releases its Consumer Confidence Index for July. Consensus estimate is for a 124 reading, lower than June’s 127.3. The June figure was the highest for the index since the beginning of the pandemic.</p>\n<p>S&P <a href=\"https://laohu8.com/S/CLGX\">CoreLogic</a> releases its Case-Shiller National Home Price Index for May. Expectations are for a 16.4% year-over-year rise, after a 14.6% jump in April. The April spike was a record for the index going back to 1988, when data were first collected.</p>\n<p>Wednesday 7/28</p>\n<p>Automatic Data Processing, Boeing, Bristol Myers Squibb, Facebook, Ford Motor, Generac Holdings, McDonald’s, Moody’s, Norfolk Southern, PayPal Holdings, Pfizer, Qualcomm, Shopify, and Thermo Fisher Scientific release quarterly results.</p>\n<p>The Federal Open Market Committee announces its monetary-policy decision. The FOMC is expected to leave the federal-funds rate unchanged near zero. Wall Street expects the central bank to announce a timeline for reducing its bond purchases, currently about $120 billion a month, at some time between now and the September meeting.</p>\n<p>Thursday 7/29</p>\n<p>Altria Group, Amazon.com, Comcast, Hershey, Hilton Worldwide Holdings, Mastercard, Merck, Molson Coors Beverage, Northrop Grumman, and T-Mobile US hold conference calls to discuss earnings.</p>\n<p>Robinhood Markets, the zero-commission investment app, is expected to begin trading on the Nasdaq exchange under the ticker HOOD. Robinhood plans to offer 55 million shares at $38 to $42 a share, which would value the company at roughly $35 billion.</p>\n<p>The Bureau of Economic Analysis reports its preliminary estimate of second-quarter gross domestic product. Economists forecast a 9.1% seasonally adjusted annual growth rate, following a 6.4% increase in the first quarter. The Federal Reserve currently projects 7% GDP growth for 2021, which would be the fastest rate of growth since 1984.</p>\n<p>Friday 7/30</p>\n<p>AbbVie, Caterpillar, Charter Communications, Chevron, Colgate-Palmolive, Exxon Mobil, Procter & Gamble, and Weyerhaeuser report quarterly results.</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>Apple, Tesla, Amazon, Pfizer, and Other Stocks to Watch This Week</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, Tesla, Amazon, Pfizer, and Other Stocks to Watch This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-26 07:10 GMT+8 <a href=https://www.barrons.com/articles/stocks-to-watch-this-week-51627239605?mod=hp_LEAD_4><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s the busiest week of second-quarter earnings season. About one third of S&P 500 companies are scheduled to report. Tesla and Lockheed Martin kick things off on M onday, followed by a packed ...</p>\n\n<a href=\"https://www.barrons.com/articles/stocks-to-watch-this-week-51627239605?mod=hp_LEAD_4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","FORD":"福沃德工业","TSLA":"特斯拉","SHOP":"Shopify Inc","BA":"波音","AAPL":"苹果","PYPL":"PayPal"},"source_url":"https://www.barrons.com/articles/stocks-to-watch-this-week-51627239605?mod=hp_LEAD_4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100772026","content_text":"It’s the busiest week of second-quarter earnings season. About one third of S&P 500 companies are scheduled to report. Tesla and Lockheed Martin kick things off on M onday, followed by a packed Tuesday: Apple, Microsoft, Alphabet, Visa, AMD, UPS, General Electric, 3M, and Starbucks headline a 42-report day.\nFacebook, Shopify, Boeing, Ford Motor, PayPal Holdings, Pfizer, and Qualcomm release results on Wednesday. Then Amazon.com, Comcast, Mastercard, and T-Mobile US report on Thursday. Finally, Exxon Mobil, Caterpillar, Charter Communications, Chevron, and Procter & Gamble close the week on Friday.\nThere will be plenty of action on the economic calendar this week too. The Federal Reserve’s policy committee wraps up a two-day meeting on Wednesday. A change in interest rates is off the table, but officials could reveal more information about their timeline for reducing bond purchases. Fed Chair Jerome Powell’s post-meeting press conference will be must-watch viewing.\nOn Thursday, the Bureau of Economic Analysis publishes its first official estimate of second-quarter U.S. gross domestic product. Economists are expecting a white-hot 9.1% seasonally adjusted annual growth rate, up from 6.4% in the first quarter.\nOther data out this week include the Conference Board’s Consumer Confidence Index for July and the Commerce Department’s durable goods orders for June, both on Tuesday. The latter is often viewed as a decent proxy for business investment.\nMonday 7/26\nCadence Design Systems, Hasbro, Lockheed Martin, Otis Worldwide, and Tesla report quarterly results.\nThe Census Bureau reports new single-family home sales for June. Economists forecast a seasonally adjusted annual rate of 800,000 new homes sold, 4% more than May’s 769,000.\nTuesday 7/27\nIt’s a big day for megacap tech earnings. Alphabet, Apple, and Microsoft will release quarterly results. The three companies are among the five largest globally by market value, worth a combined $6.4 trillion.\n3M, Advanced Micro Devices, Chubb, Ecolab, General Electric, Invesco, Mondelez International, MSCI, Raytheon Technologies, Starbucks, United Parcel Service, and Visa announce earnings.\nThe Conference Board releases its Consumer Confidence Index for July. Consensus estimate is for a 124 reading, lower than June’s 127.3. The June figure was the highest for the index since the beginning of the pandemic.\nS&P CoreLogic releases its Case-Shiller National Home Price Index for May. Expectations are for a 16.4% year-over-year rise, after a 14.6% jump in April. The April spike was a record for the index going back to 1988, when data were first collected.\nWednesday 7/28\nAutomatic Data Processing, Boeing, Bristol Myers Squibb, Facebook, Ford Motor, Generac Holdings, McDonald’s, Moody’s, Norfolk Southern, PayPal Holdings, Pfizer, Qualcomm, Shopify, and Thermo Fisher Scientific release quarterly results.\nThe Federal Open Market Committee announces its monetary-policy decision. The FOMC is expected to leave the federal-funds rate unchanged near zero. Wall Street expects the central bank to announce a timeline for reducing its bond purchases, currently about $120 billion a month, at some time between now and the September meeting.\nThursday 7/29\nAltria Group, Amazon.com, Comcast, Hershey, Hilton Worldwide Holdings, Mastercard, Merck, Molson Coors Beverage, Northrop Grumman, and T-Mobile US hold conference calls to discuss earnings.\nRobinhood Markets, the zero-commission investment app, is expected to begin trading on the Nasdaq exchange under the ticker HOOD. Robinhood plans to offer 55 million shares at $38 to $42 a share, which would value the company at roughly $35 billion.\nThe Bureau of Economic Analysis reports its preliminary estimate of second-quarter gross domestic product. Economists forecast a 9.1% seasonally adjusted annual growth rate, following a 6.4% increase in the first quarter. The Federal Reserve currently projects 7% GDP growth for 2021, which would be the fastest rate of growth since 1984.\nFriday 7/30\nAbbVie, Caterpillar, Charter Communications, Chevron, Colgate-Palmolive, Exxon Mobil, Procter & Gamble, and Weyerhaeuser report quarterly results.","news_type":1},"isVote":1,"tweetType":1,"viewCount":308,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347079558,"gmtCreate":1618452564874,"gmtModify":1704711043969,"author":{"id":"3568721631363771","authorId":"3568721631363771","authorIdStr":"3568721631363771","name":"Buraien","avatar":"https://static.tigerbbs.com/3172e0e2d1786b034c3d997253035831","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568721631363771"},"themes":[],"htmlText":"Hola this is my first post.","listText":"Hola this is my first post.","text":"Hola this is my first post.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/347079558","isVote":1,"tweetType":1,"viewCount":426,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9064087623,"gmtCreate":1652248830062,"gmtModify":1676535061855,"author":{"id":"3568721631363771","authorId":"3568721631363771","authorIdStr":"3568721631363771","name":"Buraien","avatar":"https://static.tigerbbs.com/3172e0e2d1786b034c3d997253035831","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568721631363771"},"themes":[],"htmlText":"Sure not?","listText":"Sure not?","text":"Sure not?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9064087623","repostId":"1116694400","repostType":2,"repost":{"id":"1116694400","pubTimestamp":1652231997,"share":"https://ttm.financial/m/news/1116694400?lang=&edition=fundamental","pubTime":"2022-05-11 09:19","market":"us","language":"en","title":"Grab: Building A Super App","url":"https://stock-news.laohu8.com/highlight/detail?id=1116694400","media":"Seeking Alpha","summary":"SummaryGrab is the largest SPAC that went public last year, with a market cap of around $40 billion.","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Grab is the largest SPAC that went public last year, with a market cap of around $40 billion.</li><li>The stock hit an all-time high last November at $17 and has been plummeting since.</li><li>The company is trying to build a Super App by launching more products beyond ride sharing.</li><li>There are huge opportunities ahead, but valuation is still elevated compared to peers and profitability remains an issue.</li><li>Grab is a hold for now.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9d553f7e5cdf038e0841ed8ed1d4b4b7\" tg-width=\"1080\" tg-height=\"720\" referrerpolicy=\"no-referrer\"/><span>kokkai/iStock Unreleased via Getty Images</span></p><p><b>Investment Thesis</b></p><p>Grab Holdings Limited (NASDAQ:GRAB) went public through a SPAC merger with Altimeter Growth Corp. The company was valued at $39.5 billion in equity value and $30.4 billion in EV (enterprise value, making it the largest SPAC dealto date. The stock price went up from $10 to $17 right after the merger, but has been plummeting since. It is now down over 80% from its high last year trading at $2.76 currently.</p><p>This is partly due to the broad sell-off in high-growth stocks amid the fear of rising rates and inflation, but it is also because Grab failed to deliver the financial performance it forecasted in its Investor Presentation prior to the merger. However, I believe the TAM (total addressable market) for Grab is huge, as it is now expanding to businesses beyond ride-sharing and food delivery. This provides a huge opportunity and upside for the company if they are able to capitalize on it.</p><p>After the massive drop in its share price, the company is now trading at a market cap of around $10 billion, which I think is fair. Therefore, I rate the stock a hold at the moment as we wait and see if management is able to execute and deliver.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d5060b45b3754a6adeb4884ccc158bd4\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\"/><span>Data by YCharts</span></p><p><b>Introduction</b></p><p>Grab is a ride-sharing and food delivery company founded in Singapore in 2012 by Anthony Tan. It is not a popular name in America or Europe, but it has been a household name in Southeast Asia.</p><p>Grab started as a pure ride-sharing company in Malaysia with the intention to provide safer and more efficient taxi services by connecting passengers with private hire and taxis. After gaining some traction, they started to expand their service into other countries like Singapore, Thailand, the Philippines, Indonesia, and Vietnam. It also started launching more flexible ride-sharing options such as business rides, premium rides, coach rides, and more.</p><p>The company also acquired Uber's (UBER) business in SEA (South East Asia), making it the ride-sharing leader in the region.According to the company, it now has a 71% market share in the ride-sharing market. In the last few years, Grab is trying to grow beyond being just a ride-sharing company. It is rapidly expanding into other sectors and aiming to build a super app in SEA.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a636a21de910e529373809865bc7a135\" tg-width=\"640\" tg-height=\"400\" referrerpolicy=\"no-referrer\"/><span>Grab</span></p><p><b>Super App</b></p><p>A lot of industries in Southeast Asia are really fragmented. Grab is trying to consolidate these industries' services together by building a super app that is able to fulfill customers' daily needs all in one place. I believe this is the right direction for the company, as it significantly increases its product breadth and TAM. They introduced GrabExpress and GrabFood. GrabExpress is an on-demand delivery service with live GPS tracking that helps customers send documents, items, and more. Whereas GrabFood is a food delivery service. This is smart, as the company already has a lot of drivers, therefore the two expansion is very easy and smooth.</p><p>Then they launched GrabPay, one of the most important products, essentially the heart of their Super app. It provides customers a digital wallet and card which they can use to store, pay, and transfer money easily. This is important as it allows customers to easily pay for any product in the app, and also allows the company to process all the payments. It also introduced GrabRewards, a rewards program for app users, in order to drive customer engagement. The company now provides products such as Insurance, auto investing, loans, BNPL, and more. It is also introducing new partnerships with companies like McDonald's (MCD) and Starbucks (SBUX) to offer electronic payments in their stores.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4ac1d8904fa938c2c7124d5e1d5f9256\" tg-width=\"640\" tg-height=\"400\" referrerpolicy=\"no-referrer\"/><span>Grab</span></p><p>The company is starting to form its own ecosystem and the Grab app is so important to customers that they can't live without it. From ordering food, booking a taxi, paying bills, investing, and shopping online, the Grab app got you all covered. The company is currently operating in over 400 cities across the SEA region and serving 24 million monthly active users. I believe the Super App is poised to continue its strong growth as the total addressable market in SEA is huge and its penetration rate is still low compared to other continents like North America and Europe.</p><p>According to Grab, the total online food delivery market will be valued at $170 billion in 2025, while the mobility market and digital payment market will increase to $235 billion and $1.3 trillion, respectively, in 2025. Besides, currently, only 17% of the population in SEA is engaged in digital payment compared to 42% in China and 82% in the US. These numbers show that SEA is still in the early innings of online disruption and provides a huge opportunity for Grab. As the company further expands its service, the engagement from users will continue to increase, which will further strengthen Grab's Super App.</p><p><b>Financials and Numbers</b></p><p>Part of the reason the company missed its forecasted financials is due to the lockdown in SEA in 2021. With ride-sharing being its biggest revenue stream, the lockdown significantly impacted its financials. It also reduces the usage of the e-wallet, as customers aren't able to shop and spend outside. This situation unprecedentedly affected the progression of its Super App. From the chart below, you can see that the company's mobility GMV (gross merchandising volume) dipped from December 2020 to August 2021 but has been recovering strongly since. Monthly transacting users also reached an all-time high of 27.7 million after bottoming last year. I believe this uptrend will continue as COVID cases ease.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6e1fdcaf96d04fbaacb71fd7de933b8b\" tg-width=\"640\" tg-height=\"400\" referrerpolicy=\"no-referrer\"/><span>Grab</span></p><p>For the full year of 2021, Grab reported revenue of $675 million compared to $469 million a year ago, representing an increase of 44%. GMV increased 29% from $12.5 billion to $16.1 billion, a record high for the company. Deliveries and financial services reported GMV growth of 56% and 37% respectively, which offset the 14% YoY drop in mobility. Its e-wallet and food delivery now have market shares of 21% and 51% in SEA, respectively. It guided GMV for Q1 2022 to be around $6.3 billion and forecasted GMV growth of 30%-35% for the rest of the year. The company also ended the year with $9 billion in cash, which allows them to take the cash burn and further invest in the business.</p><p>The top line for the company is strong but the bottom line is disastrous. The loss for FY21 is $3.6 billion and an adjusted EBITDA loss of $842 billion. It is expanding quickly, but cost control is something to keep an eye on going forward. I expect the company will post a profit soon as financial revenue starts to ramp up, it also has a much stronger margin profile compared to the mobility and delivery segment.</p><p>This is the same approach that SEA (SE) and Mercadolibre (MELI) are doing. Cost synergies will also start to kick in as users start to use more products. In 2018, only 21% of customers use more than 2 products, the percentage has now increased 1.7 times to 56%. As the apps scale, the company will be able to have better leverage, which I believe will improve profitability.</p><p><b>Valuation</b></p><p>Despite the massive drop in share price and market cap, the company's valuation is still expensive. At the current price of $2.84, it has a PS (price to sales) ratio of 11.7. From the chart below, you can see that it is significantly more expensive than other ride-sharing and food delivery companies like Uber, DoorDash (DASH), and Lyft (LYFT). It is trading at almost an 8x premium compared to Uber and Lyft.</p><p>However, Grab is a much more diversified business with a much larger opportunity. Much of its valuation is valued on its potential to grow its financial service segment and build other high-margin products by leveraging its huge existing customer base. It is definitely not cheap by any means, especially if you value it using traditional metrics, but I think the current valuation is fair given the growth runway the company has.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/30e1c852498601ba39d3053d7b007ac4\" tg-width=\"635\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Data by YCharts</span></p><p><b>Risk</b></p><p>Much of my thesis is based on the company successfully scaling its Super App by expanding its product offerings and increasing engagement. Therefore, management's execution will be key going forward. If they fail to grow their financial service segment and improve their profitability, the valuation may compress quickly to levels similar to Uber and DoorDash.</p><p>The current macro situation may also post some potential headwinds. As inflation persists, consumers may start spending less which will affect the GMV of their e-wallet. Higher gas costs may also reduce the take rate for the mobility segment and reduce the number of drivers, which will further hurt margins.</p><p><b>Conclusion</b></p><p>In conclusion, I believe Grab's Super App has a huge potential going forward. The SEA market is expanding quickly while penetration rates still remain low. This provides a huge opportunity for further expansion. The company also has a huge existing customer base that it can leverage.</p><p>GRAB has been executing well by launching new products and increasing partnerships. It has also managed to live through the unprecedented headwind caused by the lockdown, which shows the management's strong ability to execute. The company's valuation is elevated, especially when compared to its competitors. However, Grab's business is a lot more diverse and has a much larger TAM.</p><p>I believe that, if Grab is able to continue to execute well, it can grow into its valuation relatively quickly. I rate the company as a hold for now.</p></body></html>","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>Grab: Building A Super App</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\">\nGrab: Building A Super App\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-11 09:19 GMT+8 <a href=https://seekingalpha.com/article/4509640-grab-building-a-super-app><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryGrab is the largest SPAC that went public last year, with a market cap of around $40 billion.The stock hit an all-time high last November at $17 and has been plummeting since.The company is ...</p>\n\n<a href=\"https://seekingalpha.com/article/4509640-grab-building-a-super-app\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GRAB":"Grab Holdings"},"source_url":"https://seekingalpha.com/article/4509640-grab-building-a-super-app","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116694400","content_text":"SummaryGrab is the largest SPAC that went public last year, with a market cap of around $40 billion.The stock hit an all-time high last November at $17 and has been plummeting since.The company is trying to build a Super App by launching more products beyond ride sharing.There are huge opportunities ahead, but valuation is still elevated compared to peers and profitability remains an issue.Grab is a hold for now.kokkai/iStock Unreleased via Getty ImagesInvestment ThesisGrab Holdings Limited (NASDAQ:GRAB) went public through a SPAC merger with Altimeter Growth Corp. The company was valued at $39.5 billion in equity value and $30.4 billion in EV (enterprise value, making it the largest SPAC dealto date. The stock price went up from $10 to $17 right after the merger, but has been plummeting since. It is now down over 80% from its high last year trading at $2.76 currently.This is partly due to the broad sell-off in high-growth stocks amid the fear of rising rates and inflation, but it is also because Grab failed to deliver the financial performance it forecasted in its Investor Presentation prior to the merger. However, I believe the TAM (total addressable market) for Grab is huge, as it is now expanding to businesses beyond ride-sharing and food delivery. This provides a huge opportunity and upside for the company if they are able to capitalize on it.After the massive drop in its share price, the company is now trading at a market cap of around $10 billion, which I think is fair. Therefore, I rate the stock a hold at the moment as we wait and see if management is able to execute and deliver.Data by YChartsIntroductionGrab is a ride-sharing and food delivery company founded in Singapore in 2012 by Anthony Tan. It is not a popular name in America or Europe, but it has been a household name in Southeast Asia.Grab started as a pure ride-sharing company in Malaysia with the intention to provide safer and more efficient taxi services by connecting passengers with private hire and taxis. After gaining some traction, they started to expand their service into other countries like Singapore, Thailand, the Philippines, Indonesia, and Vietnam. It also started launching more flexible ride-sharing options such as business rides, premium rides, coach rides, and more.The company also acquired Uber's (UBER) business in SEA (South East Asia), making it the ride-sharing leader in the region.According to the company, it now has a 71% market share in the ride-sharing market. In the last few years, Grab is trying to grow beyond being just a ride-sharing company. It is rapidly expanding into other sectors and aiming to build a super app in SEA.GrabSuper AppA lot of industries in Southeast Asia are really fragmented. Grab is trying to consolidate these industries' services together by building a super app that is able to fulfill customers' daily needs all in one place. I believe this is the right direction for the company, as it significantly increases its product breadth and TAM. They introduced GrabExpress and GrabFood. GrabExpress is an on-demand delivery service with live GPS tracking that helps customers send documents, items, and more. Whereas GrabFood is a food delivery service. This is smart, as the company already has a lot of drivers, therefore the two expansion is very easy and smooth.Then they launched GrabPay, one of the most important products, essentially the heart of their Super app. It provides customers a digital wallet and card which they can use to store, pay, and transfer money easily. This is important as it allows customers to easily pay for any product in the app, and also allows the company to process all the payments. It also introduced GrabRewards, a rewards program for app users, in order to drive customer engagement. The company now provides products such as Insurance, auto investing, loans, BNPL, and more. It is also introducing new partnerships with companies like McDonald's (MCD) and Starbucks (SBUX) to offer electronic payments in their stores.GrabThe company is starting to form its own ecosystem and the Grab app is so important to customers that they can't live without it. From ordering food, booking a taxi, paying bills, investing, and shopping online, the Grab app got you all covered. The company is currently operating in over 400 cities across the SEA region and serving 24 million monthly active users. I believe the Super App is poised to continue its strong growth as the total addressable market in SEA is huge and its penetration rate is still low compared to other continents like North America and Europe.According to Grab, the total online food delivery market will be valued at $170 billion in 2025, while the mobility market and digital payment market will increase to $235 billion and $1.3 trillion, respectively, in 2025. Besides, currently, only 17% of the population in SEA is engaged in digital payment compared to 42% in China and 82% in the US. These numbers show that SEA is still in the early innings of online disruption and provides a huge opportunity for Grab. As the company further expands its service, the engagement from users will continue to increase, which will further strengthen Grab's Super App.Financials and NumbersPart of the reason the company missed its forecasted financials is due to the lockdown in SEA in 2021. With ride-sharing being its biggest revenue stream, the lockdown significantly impacted its financials. It also reduces the usage of the e-wallet, as customers aren't able to shop and spend outside. This situation unprecedentedly affected the progression of its Super App. From the chart below, you can see that the company's mobility GMV (gross merchandising volume) dipped from December 2020 to August 2021 but has been recovering strongly since. Monthly transacting users also reached an all-time high of 27.7 million after bottoming last year. I believe this uptrend will continue as COVID cases ease.GrabFor the full year of 2021, Grab reported revenue of $675 million compared to $469 million a year ago, representing an increase of 44%. GMV increased 29% from $12.5 billion to $16.1 billion, a record high for the company. Deliveries and financial services reported GMV growth of 56% and 37% respectively, which offset the 14% YoY drop in mobility. Its e-wallet and food delivery now have market shares of 21% and 51% in SEA, respectively. It guided GMV for Q1 2022 to be around $6.3 billion and forecasted GMV growth of 30%-35% for the rest of the year. The company also ended the year with $9 billion in cash, which allows them to take the cash burn and further invest in the business.The top line for the company is strong but the bottom line is disastrous. The loss for FY21 is $3.6 billion and an adjusted EBITDA loss of $842 billion. It is expanding quickly, but cost control is something to keep an eye on going forward. I expect the company will post a profit soon as financial revenue starts to ramp up, it also has a much stronger margin profile compared to the mobility and delivery segment.This is the same approach that SEA (SE) and Mercadolibre (MELI) are doing. Cost synergies will also start to kick in as users start to use more products. In 2018, only 21% of customers use more than 2 products, the percentage has now increased 1.7 times to 56%. As the apps scale, the company will be able to have better leverage, which I believe will improve profitability.ValuationDespite the massive drop in share price and market cap, the company's valuation is still expensive. At the current price of $2.84, it has a PS (price to sales) ratio of 11.7. From the chart below, you can see that it is significantly more expensive than other ride-sharing and food delivery companies like Uber, DoorDash (DASH), and Lyft (LYFT). It is trading at almost an 8x premium compared to Uber and Lyft.However, Grab is a much more diversified business with a much larger opportunity. Much of its valuation is valued on its potential to grow its financial service segment and build other high-margin products by leveraging its huge existing customer base. It is definitely not cheap by any means, especially if you value it using traditional metrics, but I think the current valuation is fair given the growth runway the company has.Data by YChartsRiskMuch of my thesis is based on the company successfully scaling its Super App by expanding its product offerings and increasing engagement. Therefore, management's execution will be key going forward. If they fail to grow their financial service segment and improve their profitability, the valuation may compress quickly to levels similar to Uber and DoorDash.The current macro situation may also post some potential headwinds. As inflation persists, consumers may start spending less which will affect the GMV of their e-wallet. Higher gas costs may also reduce the take rate for the mobility segment and reduce the number of drivers, which will further hurt margins.ConclusionIn conclusion, I believe Grab's Super App has a huge potential going forward. The SEA market is expanding quickly while penetration rates still remain low. This provides a huge opportunity for further expansion. The company also has a huge existing customer base that it can leverage.GRAB has been executing well by launching new products and increasing partnerships. It has also managed to live through the unprecedented headwind caused by the lockdown, which shows the management's strong ability to execute. The company's valuation is elevated, especially when compared to its competitors. However, Grab's business is a lot more diverse and has a much larger TAM.I believe that, if Grab is able to continue to execute well, it can grow into its valuation relatively quickly. I rate the company as a hold for now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":236,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4099650032870960","authorId":"4099650032870960","authorIdStr":"4099650032870960","name":"Helloyah","avatar":"https://static.tigerbbs.com/04a600ad88159fff17f3cf715916ac3a","crmLevel":2,"crmLevelSwitch":0,"idStr":"4099650032870960"},"content":"i also doubt","text":"i also doubt","html":"i also doubt"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176845144,"gmtCreate":1626877542588,"gmtModify":1703479822098,"author":{"id":"3568721631363771","authorId":"3568721631363771","authorIdStr":"3568721631363771","name":"Buraien","avatar":"https://static.tigerbbs.com/3172e0e2d1786b034c3d997253035831","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568721631363771"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/176845144","repostId":"1182009211","repostType":4,"repost":{"id":"1182009211","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1626876025,"share":"https://ttm.financial/m/news/1182009211?lang=&edition=fundamental","pubTime":"2021-07-21 22:00","market":"us","language":"en","title":"Cryptocurrency-related stocks soar in morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1182009211","media":"Tiger Newspress","summary":"(July 21) Cryptocurrency-related stocks soar in morning trading. \nOn day after sliding below $30,000","content":"<p>(July 21) Cryptocurrency-related stocks soar in morning trading. </p>\n<p>On day after sliding below $30,000, a key support level which many said has to hold, it did just that with bitcoin storming higher and back over $31,000.</p>\n<p><img src=\"https://static.tigerbbs.com/96ba84b633e0ac3f409f8c463cd88beb\" tg-width=\"310\" tg-height=\"366\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/b1ff2661c20fa3335bbd359f86b5e594\" tg-width=\"687\" tg-height=\"733\" referrerpolicy=\"no-referrer\"></p>","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>Cryptocurrency-related stocks soar in morning trading</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\">\nCryptocurrency-related stocks soar in morning trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-07-21 22:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(July 21) Cryptocurrency-related stocks soar in morning trading. </p>\n<p>On day after sliding below $30,000, a key support level which many said has to hold, it did just that with bitcoin storming higher and back over $31,000.</p>\n<p><img src=\"https://static.tigerbbs.com/96ba84b633e0ac3f409f8c463cd88beb\" tg-width=\"310\" tg-height=\"366\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/b1ff2661c20fa3335bbd359f86b5e594\" tg-width=\"687\" tg-height=\"733\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182009211","content_text":"(July 21) Cryptocurrency-related stocks soar in morning trading. \nOn day after sliding below $30,000, a key support level which many said has to hold, it did just that with bitcoin storming higher and back over $31,000.","news_type":1},"isVote":1,"tweetType":1,"viewCount":268,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176842711,"gmtCreate":1626877526733,"gmtModify":1703479821106,"author":{"id":"3568721631363771","authorId":"3568721631363771","authorIdStr":"3568721631363771","name":"Buraien","avatar":"https://static.tigerbbs.com/3172e0e2d1786b034c3d997253035831","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568721631363771"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/176842711","repostId":"1137267771","repostType":4,"repost":{"id":"1137267771","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1626877398,"share":"https://ttm.financial/m/news/1137267771?lang=&edition=fundamental","pubTime":"2021-07-21 22:23","market":"us","language":"en","title":"Blockchain firm Core Scientific to go public via $4.3 billion SPAC deal","url":"https://stock-news.laohu8.com/highlight/detail?id=1137267771","media":"Reuters","summary":"(Reuters) -Core Scientific will go public through a merger with a special purpose acquisition compan","content":"<p>(Reuters) -Core Scientific will go public through a merger with a special purpose acquisition company (SPAC) in a deal that values the blockchain infrastructure and software firm at $4.3 billion, the companies said on Wednesday.</p>\n<p>The deal with Power & Digital Infrastructure Acquisition Corp will fetch $300 million in cash proceeds, Core Scientific said.</p>\n<p>Some cryptocurrency firms like Peter Thiel-backed Bullish and FTX Trading Ltd have either raised funds or have gone public at high valuations, unfazed by the waning of investor enthusiasm in cryptocurrencies and the regulatory crackdown globally.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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\">\nBlockchain firm Core Scientific to go public via $4.3 billion SPAC deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-21 22:23</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Reuters) -Core Scientific will go public through a merger with a special purpose acquisition company (SPAC) in a deal that values the blockchain infrastructure and software firm at $4.3 billion, the companies said on Wednesday.</p>\n<p>The deal with Power & Digital Infrastructure Acquisition Corp will fetch $300 million in cash proceeds, Core Scientific said.</p>\n<p>Some cryptocurrency firms like Peter Thiel-backed Bullish and FTX Trading Ltd have either raised funds or have gone public at high valuations, unfazed by the waning of investor enthusiasm in cryptocurrencies and the regulatory crackdown globally.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137267771","content_text":"(Reuters) -Core Scientific will go public through a merger with a special purpose acquisition company (SPAC) in a deal that values the blockchain infrastructure and software firm at $4.3 billion, the companies said on Wednesday.\nThe deal with Power & Digital Infrastructure Acquisition Corp will fetch $300 million in cash proceeds, Core Scientific said.\nSome cryptocurrency firms like Peter Thiel-backed Bullish and FTX Trading Ltd have either raised funds or have gone public at high valuations, unfazed by the waning of investor enthusiasm in cryptocurrencies and the regulatory crackdown globally.","news_type":1},"isVote":1,"tweetType":1,"viewCount":428,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
