standbyme personal page - To The Moon

standbyme

standbyme

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2021-08-26

Great. Pls go back to your glory days !

Sorry, the original content has been removed

2021-08-02

Cmon [Serious]

2021-08-02

$Square(SQ)$Boom ?

2021-07-28

When ?

Pinterest stock price target raised to $84 from $78 at BofA Securities

2021-07-26

$Pinterest, Inc.(PINS)$Excited ! [Call] [Strong]

2021-07-26

$Square(SQ)$Always never let you down [Cool]

2021-07-22

[Cry]

@DerrickC:$Clean Energy Fuels(CLNE)$damm

2021-07-22

Why this article seems to contradict on the other article ‘Growth stock that could makesyou a millionaire’ published on 16 Jul? [Doubt]

3 Expensive Stocks I'd Sell Before the Next Market Crash

2021-07-13

Small drop before the next high ?

2021-07-13

Sian.. [Glance]

Dow retreats slightly from record as hot inflation report overshadows strong earnings

2021-07-06

$Pinterest, Inc.(PINS)$[Call] [Heart]

2021-07-06

Totally agree on these three favourable stocks [Victory]

Sorry, the original content has been removed

2021-07-02

$Pinterest, Inc.(PINS)$Tonight 83?

2021-07-02

Going more ?

2021-07-02

Cool

Pinterest bans all weight loss ads

2021-06-25

How high can it go? What’s your take ?

2021-06-25

Biware [Tongue]

Sorry, the original content has been removed

2021-06-25

$Pinterest, Inc.(PINS)$[Cool] way to go !

2021-06-24

$Square(SQ)$show your power again ! [Victory]

2021-06-24

Going 80 [Bless]

Go to Tiger App to see more news

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Company, Inc.\n</p>\n</font></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>Pinterest stock price target raised to $84 from $78 at BofA Securities</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; 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}\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\">\nPinterest stock price target raised to $84 from $78 at BofA Securities\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-07-27 22:14</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Pinterest stock price target raised to $84 from $78 at BofA Securities\n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  July 27, 2021 10:14 ET (14:14 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PINS":"Pinterest, Inc.","TERN":"Terns Pharmaceuticals, Inc.","CRCT":"Cricut, Inc."},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154167359","content_text":"MW Pinterest stock price target raised to $84 from $78 at BofA Securities\n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  July 27, 2021 10:14 ET (14:14 GMT)\n\n\n  Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":395,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":800620374,"gmtCreate":1627299337398,"gmtModify":1703487058252,"author":{"id":"3569874765024530","authorId":"3569874765024530","name":"standbyme","avatar":"https://static.tigerbbs.com/cf19113e7ac397999e54c3b56ee9f086","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569874765024530","idStr":"3569874765024530"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PINS\">$Pinterest, Inc.(PINS)$</a>Excited ! [Call]&nbsp;[Strong]&nbsp;","listText":"<a href=\"https://laohu8.com/S/PINS\">$Pinterest, Inc.(PINS)$</a>Excited ! [Call]&nbsp;[Strong]&nbsp;","text":"$Pinterest, Inc.(PINS)$Excited ! [Call] [Strong]","images":[{"img":"https://static.tigerbbs.com/8e6afc528f93b842ce425c729a41ebf0","width":"1125","height":"2183"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/800620374","isVote":1,"tweetType":1,"viewCount":755,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":800667592,"gmtCreate":1627299269716,"gmtModify":1703487059909,"author":{"id":"3569874765024530","authorId":"3569874765024530","name":"standbyme","avatar":"https://static.tigerbbs.com/cf19113e7ac397999e54c3b56ee9f086","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569874765024530","idStr":"3569874765024530"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SQ\">$Square(SQ)$</a>Always never let you down [Cool]&nbsp;","listText":"<a href=\"https://laohu8.com/S/SQ\">$Square(SQ)$</a>Always never let you down [Cool]&nbsp;","text":"$Square(SQ)$Always never let you down [Cool]","images":[{"img":"https://static.tigerbbs.com/5382bb7674ea1a41fc2d40ed5714446e","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/800667592","isVote":1,"tweetType":1,"viewCount":594,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":172094175,"gmtCreate":1626919487597,"gmtModify":1703480577508,"author":{"id":"3569874765024530","authorId":"3569874765024530","name":"standbyme","avatar":"https://static.tigerbbs.com/cf19113e7ac397999e54c3b56ee9f086","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569874765024530","idStr":"3569874765024530"},"themes":[],"htmlText":"[Cry]&nbsp;","listText":"[Cry]&nbsp;","text":"[Cry]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/172094175","repostId":"178302163","repostType":1,"repost":{"id":178302163,"gmtCreate":1626786896152,"gmtModify":1703765138378,"author":{"id":"3571496827776013","authorId":"3571496827776013","name":"DerrickC","avatar":"https://static.tigerbbs.com/e597f441411c3dba94a89dc37058d7f4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571496827776013","idStr":"3571496827776013"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CLNE\">$Clean Energy Fuels(CLNE)$</a>damm","listText":"<a href=\"https://laohu8.com/S/CLNE\">$Clean Energy Fuels(CLNE)$</a>damm","text":"$Clean Energy Fuels(CLNE)$damm","images":[{"img":"https://static.tigerbbs.com/c18d1cc6f7bbdff7bc98c48b003d16ce","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/178302163","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":441,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176485337,"gmtCreate":1626912286029,"gmtModify":1703480334116,"author":{"id":"3569874765024530","authorId":"3569874765024530","name":"standbyme","avatar":"https://static.tigerbbs.com/cf19113e7ac397999e54c3b56ee9f086","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569874765024530","idStr":"3569874765024530"},"themes":[],"htmlText":"Why this article seems to contradict on the other article ‘Growth stock that could makesyou a millionaire’ published on 16 Jul? [Doubt]&nbsp;","listText":"Why this article seems to contradict on the other article ‘Growth stock that could makesyou a millionaire’ published on 16 Jul? [Doubt]&nbsp;","text":"Why this article seems to contradict on the other article ‘Growth stock that could makesyou a millionaire’ published on 16 Jul? [Doubt]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/176485337","repostId":"2152693458","repostType":2,"repost":{"id":"2152693458","pubTimestamp":1626790560,"share":"https://ttm.financial/m/news/2152693458?lang=&edition=fundamental","pubTime":"2021-07-20 22:16","market":"us","language":"en","title":"3 Expensive Stocks I'd Sell Before the Next Market Crash","url":"https://stock-news.laohu8.com/highlight/detail?id=2152693458","media":"Motley Fool","summary":"Even if you love these stocks, it may not be a bad move to cash out right now.","content":"<p>The stock market has been soaring to new heights in recent weeks and months, even though the coronavirus persists in some places, the economy hasn't fully recovered, and stimulus payments are still propping things up. All this creates a risk that as things get back to normal, the market overall could be due for a correction. Some of the money that has been flowing into it could be cashed out and put back into bonds as interest rates rise, or used for other purposes as spending resumes and people choose to hold less in stocks.</p>\n<p>If I owned <a href=\"https://laohu8.com/S/MRNA\"><b>Moderna, Inc.</a></b> , <b><a href=\"https://laohu8.com/S/FUBO\">fuboTV Inc.</a></b>, or <b><a href=\"https://laohu8.com/S/PINS\">Pinterest, Inc.</a></b>, I'd be considering selling them right now. Each company's share prices has more than doubled in the past year, blowing past the <b>S&amp;P 500</b> and its 35% gains during that time. But with inflated valuations and the possibility of a crash looming, they become riskier as each day passes by.</p>\n<p><img src=\"https://static.tigerbbs.com/f1da2df5b21cc39ab7b17f7b776e5045\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: <a href=\"https://laohu8.com/S/GTY\">Getty</a> Images.</p>\n<h3>1. Moderna</h3>\n<p>Moderna has soared by 250% in 12 months, and for good reason -- its COVID-19 vaccine obtained emergency use authorization from the U.S. Food and Drug Administration (FDA) last year. The company expects to generate more than $18 billion in revenue from the vaccine in 2021, and its bottom line will finally be in the black -- in 2020 its losses totaled $747 million, triple what it lost in 2017.</p>\n<p>Things are certainly looking up for Moderna, especially with rival&nbsp;<b><a href=\"https://laohu8.com/S/PFE\">Pfizer</a></b> looking to get the OK from the FDA for a third dose of its vaccine to help fight the delta variant. If Pfizer is successful, it's likely Moderna would follow suit, which could bring in even more revenue for the company. But there's no certainty that will happen. And more vaccines could be coming to market soon, including <a href=\"https://laohu8.com/S/AONE.U\">one</a> from <b><a href=\"https://laohu8.com/S/NVAX\">Novavax</a></b>, which plans to apply for authorization from the FDA during the third quarter.</p>\n<p>As countries have more options for vaccines, that will inevitably bring down the revenue and potential market share for Moderna. And beyond that, there are questions about what the future holds for Moderna after COVID-19. While its mRNA technology has proven to be effective, that doesn't guarantee that other vaccines in its pipeline will succeed. Its vaccine for cytomegalovirus, currently the furthest along, is entering phase 3 trials. With a peak annual revenue potential of between $2 billion and $5 billion, however, the company won't be able to solely rely on it in replacing COVID-19-related revenue.</p>\n<p>Moderna's future is a question mark for me, and while its forward price-to-earnings ratio of 11 looks cheap, that could change drastically post-COVID. Even on a forward basis, the stock is trading at more than 6 times revenue -- Pfizer is at just 3. Although Moderna is doing well right now, its stock is expensive and could be due for a correction soon.</p>\n<h3>2. fuboTV</h3>\n<p>Streaming and entertainment company fuboTV isn't profitable, nor does profitability look to be in its sights. But that hasn't stopped investors from jumping on its bandwagon, driving shares up by more than 160% in 12 months. Its subscriber base as of March 31 topped 590,000 people -- a year-over-year increase of 105%. And the company may continue attracting more subscribers thanks to plans to launch a sportsbook before the end of the year.</p>\n<p>However, while the company is growing fast, my concern is that its approach may be <i>too </i>aggressive in pursuing revenue. In its most recent quarterly results, for the period ending March 31, revenue of $120 million was nowhere near enough to cover its $185 million in operating expenses. Of particular concern is that fuboTV has incurred subscriber-related expenses of $113 million -- more than the $107 million it brought in from subscription-related revenue.</p>\n<p>Without good margins to support the company's growth, the problem for investors is that fuboTV's financials may not get stronger as it expands, which could lead to an inevitable need to raise cash -- diluting existing shareholders. fuboTV currently trades at a multiple of 6 times its revenue, and although that's cheaper than <b><a href=\"https://laohu8.com/S/NFLX\">Netflix</a></b>'s multiple of more than 9, the streaming giant is at least profitable. In a crash, investors look for safety, and without a strong bottom line, fuboTV's stock could fall quickly.</p>\n<h3>3. Pinterest</h3>\n<p>Pinterest's stock has benefited from people staying at home during the pandemic and using its discovery engine to explore hobbies and interests. As of the end of March, the company had 478 million monthly active users (MAUs), an increase of 30% year over year. That tops last year's results, in which MAUs of 367 million grew by 26%. The company does expect to see a slowdown next quarter, however, with its MAU growth rate likely to be in the \"mid-teens.\"</p>\n<p>Even with the rising user base and a 78% year-over-year increase in sales this past quarter to $485 million, the company still posted a net loss of $22 million. Although that was a fraction of the $141 million loss it incurred a year earlier, with the economy opening back up and people going back to their regular habits, there may be less time to spend on Pinterest -- and a decline in MAUs. If that happens, the progress the company has been making on its bottom line could be stalled.</p>\n<p>Pinterest has been a hot stay-at-home stock, but now could become a risky buy given its hefty valuation; currently, the growth stock trades at more than 22 times its revenue -- the average holding in the <b><a href=\"https://laohu8.com/S/XLK\">Technology Select Sector SPDR Fund</a>&nbsp;</b>trades at a multiple of less than 7.</p>","source":"fool_stock","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>3 Expensive Stocks I'd Sell Before the Next Market Crash</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\">\n3 Expensive Stocks I'd Sell Before the Next Market Crash\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-20 22:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/20/3-expensive-stocks-id-sell-before-the-next-market/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The stock market has been soaring to new heights in recent weeks and months, even though the coronavirus persists in some places, the economy hasn't fully recovered, and stimulus payments are still ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/20/3-expensive-stocks-id-sell-before-the-next-market/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MRNA":"Moderna, Inc.","PINS":"Pinterest, Inc.","FUBO":"fuboTV Inc."},"source_url":"https://www.fool.com/investing/2021/07/20/3-expensive-stocks-id-sell-before-the-next-market/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152693458","content_text":"The stock market has been soaring to new heights in recent weeks and months, even though the coronavirus persists in some places, the economy hasn't fully recovered, and stimulus payments are still propping things up. All this creates a risk that as things get back to normal, the market overall could be due for a correction. Some of the money that has been flowing into it could be cashed out and put back into bonds as interest rates rise, or used for other purposes as spending resumes and people choose to hold less in stocks.\nIf I owned Moderna, Inc. , fuboTV Inc., or Pinterest, Inc., I'd be considering selling them right now. Each company's share prices has more than doubled in the past year, blowing past the S&P 500 and its 35% gains during that time. But with inflated valuations and the possibility of a crash looming, they become riskier as each day passes by.\n\nImage source: Getty Images.\n1. Moderna\nModerna has soared by 250% in 12 months, and for good reason -- its COVID-19 vaccine obtained emergency use authorization from the U.S. Food and Drug Administration (FDA) last year. The company expects to generate more than $18 billion in revenue from the vaccine in 2021, and its bottom line will finally be in the black -- in 2020 its losses totaled $747 million, triple what it lost in 2017.\nThings are certainly looking up for Moderna, especially with rival Pfizer looking to get the OK from the FDA for a third dose of its vaccine to help fight the delta variant. If Pfizer is successful, it's likely Moderna would follow suit, which could bring in even more revenue for the company. But there's no certainty that will happen. And more vaccines could be coming to market soon, including one from Novavax, which plans to apply for authorization from the FDA during the third quarter.\nAs countries have more options for vaccines, that will inevitably bring down the revenue and potential market share for Moderna. And beyond that, there are questions about what the future holds for Moderna after COVID-19. While its mRNA technology has proven to be effective, that doesn't guarantee that other vaccines in its pipeline will succeed. Its vaccine for cytomegalovirus, currently the furthest along, is entering phase 3 trials. With a peak annual revenue potential of between $2 billion and $5 billion, however, the company won't be able to solely rely on it in replacing COVID-19-related revenue.\nModerna's future is a question mark for me, and while its forward price-to-earnings ratio of 11 looks cheap, that could change drastically post-COVID. Even on a forward basis, the stock is trading at more than 6 times revenue -- Pfizer is at just 3. Although Moderna is doing well right now, its stock is expensive and could be due for a correction soon.\n2. fuboTV\nStreaming and entertainment company fuboTV isn't profitable, nor does profitability look to be in its sights. But that hasn't stopped investors from jumping on its bandwagon, driving shares up by more than 160% in 12 months. Its subscriber base as of March 31 topped 590,000 people -- a year-over-year increase of 105%. And the company may continue attracting more subscribers thanks to plans to launch a sportsbook before the end of the year.\nHowever, while the company is growing fast, my concern is that its approach may be too aggressive in pursuing revenue. In its most recent quarterly results, for the period ending March 31, revenue of $120 million was nowhere near enough to cover its $185 million in operating expenses. Of particular concern is that fuboTV has incurred subscriber-related expenses of $113 million -- more than the $107 million it brought in from subscription-related revenue.\nWithout good margins to support the company's growth, the problem for investors is that fuboTV's financials may not get stronger as it expands, which could lead to an inevitable need to raise cash -- diluting existing shareholders. fuboTV currently trades at a multiple of 6 times its revenue, and although that's cheaper than Netflix's multiple of more than 9, the streaming giant is at least profitable. In a crash, investors look for safety, and without a strong bottom line, fuboTV's stock could fall quickly.\n3. Pinterest\nPinterest's stock has benefited from people staying at home during the pandemic and using its discovery engine to explore hobbies and interests. As of the end of March, the company had 478 million monthly active users (MAUs), an increase of 30% year over year. That tops last year's results, in which MAUs of 367 million grew by 26%. The company does expect to see a slowdown next quarter, however, with its MAU growth rate likely to be in the \"mid-teens.\"\nEven with the rising user base and a 78% year-over-year increase in sales this past quarter to $485 million, the company still posted a net loss of $22 million. Although that was a fraction of the $141 million loss it incurred a year earlier, with the economy opening back up and people going back to their regular habits, there may be less time to spend on Pinterest -- and a decline in MAUs. If that happens, the progress the company has been making on its bottom line could be stalled.\nPinterest has been a hot stay-at-home stock, but now could become a risky buy given its hefty valuation; currently, the growth stock trades at more than 22 times its revenue -- the average holding in the Technology Select Sector SPDR Fund trades at a multiple of less than 7.","news_type":1},"isVote":1,"tweetType":1,"viewCount":670,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145999003,"gmtCreate":1626185158202,"gmtModify":1703755079411,"author":{"id":"3569874765024530","authorId":"3569874765024530","name":"standbyme","avatar":"https://static.tigerbbs.com/cf19113e7ac397999e54c3b56ee9f086","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569874765024530","idStr":"3569874765024530"},"themes":[],"htmlText":"Small drop before the next high ?&nbsp;","listText":"Small drop before the next high ?&nbsp;","text":"Small drop before the next high ?","images":[{"img":"https://static.tigerbbs.com/994638455b0424ffd4c886ad267b5408","width":"1125","height":"3372"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/145999003","isVote":1,"tweetType":1,"viewCount":426,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":145076547,"gmtCreate":1626184771889,"gmtModify":1703755056529,"author":{"id":"3569874765024530","authorId":"3569874765024530","name":"standbyme","avatar":"https://static.tigerbbs.com/cf19113e7ac397999e54c3b56ee9f086","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569874765024530","idStr":"3569874765024530"},"themes":[],"htmlText":"Sian.. [Glance]&nbsp;","listText":"Sian.. [Glance]&nbsp;","text":"Sian.. [Glance]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/145076547","repostId":"1111418784","repostType":4,"repost":{"id":"1111418784","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":1626183009,"share":"https://ttm.financial/m/news/1111418784?lang=&edition=fundamental","pubTime":"2021-07-13 21:30","market":"us","language":"en","title":"Dow retreats slightly from record as hot inflation report overshadows strong earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=1111418784","media":"Tiger Newspress","summary":"Stocks fell slightly on Tuesday after a hotter-than-expected inflation report overshadowed a strong ","content":"<p>Stocks fell slightly on Tuesday after a hotter-than-expected inflation report overshadowed a strong start to second-quarter earnings season.</p>\n<p>The Dow Jones Industrial average shed 20 points, or 0.1%. The measure closed at a record just below 35,000 the day prior. The S&amp;P 500 lost 0.1%. The Nasdaq Composite also fell 0.1%.</p>\n<p>Inflation rose at its fastest pace in nearly 13 years,the Labor Department reported Tuesday. The consumer price index increased 5.4% from a year ago; economists surveyed by Dow Jones expected a 5% gain. Core CPI, excluding food and energy, jumped 4.5%, the sharpest move for that measure since September 1991 and well above the estimate of 3.8%.</p>\n<p>\"A white-hot June CPI print has the markets jittery this morning,\" Cliff Hodge, CIO at Cornerstone Wealth, said. \"Moving forward we expect these inflation numbers to begin to cool. June 2020 was the absolute low for Core CPI during the pandemic shutdown, so the comparisons get tougher from&nbsp;here. Used car prices soared 45% year over year which is not likely to persist in coming months.\"</p>\n<p>The10-year U.S. Treasury yield&nbsp;edged slightly higher following the CPI report.</p>\n<p>The latest inflation data came after big banks and PepsiCo posted blowout second-quarter earnings reports beating Wall Street estimates. But with stocks at record highs and the Dow Jones Industrial Average just shy of 35,000, expectations likely ran higher than the official estimates reflected.</p>\n<p>JPMorgan Chase shares dipped in the premarket even after posting&nbsp;second-quarter earningsof $11.9 billion, or $3.78 per share, which exceeded the $3.21 estimate of analysts surveyed by Refinitiv.</p>\n<p>Banks set aside billions of dollars for loan losses amid the pandemic, but have been releasing those reserves as consumers performed better than expected. JPMorgan released $3 billion in loan loss reserves after taking just $734 million in charge-offs. That gave the firm a $2.3 billion benefit, allowing the bank to top earnings expectations. Investors may be giving less credit to JPMorgan's earnings beat due to this loan loss reserve release.</p>\n<p>Meanwhile, Goldman Sachs shared edged about 1% higher in premarket trading. The firm reported&nbsp;second-quarter earnings&nbsp;of $15.02 per share, topping analysts' expectation of $10.24 earnings per share. The bank posted its second-best ever quarterly investment banking revenue as a rush of IPOs hit Wall Street last quarter.</p>\n<p>PepsiCo also crushed estimates for its&nbsp;second-quarter earnings&nbsp;and revenue, fueled by returning restaurant demand. The drink and snack giant also raised its forecast. Shares added more than 1% in premarket trading.</p>\n<p>Overall earnings reports are expected to be stellar for the second quarter over the coming weeks with profit growth estimated at 64% year-over-year for the quarter, according to FactSet. That would be the biggest quarterly profit increase since 2009.</p>\n<p>Banks' earnings are expected to more than double for the second quarter, with an estimated 119.5% estimated year-over-year growth rate, according to analysts polled by FactSet.</p>\n<p>In the regular trading session on Monday theDowrose 126.02 points to close just below 35,000. The blue-chip measure is up 14% this year. TheS&amp;P 500andNasdaq Compositegained 0.3% and 0.2%, respectively, to record closes.</p>\n<p>\"High expectations for earnings and each companies' forward guidance will push markets higher or disappointment may create a small pullback in equity markets,\" said Jeff Kilburg, chief investment officer at Sanctuary Wealth. \"Eyes will be on the major banks to set the tone for the next few weeks of earnings.\"</p>\n<p>Bank of America,Citi&nbsp;group,Wells Fargo&nbsp;and&nbsp;Morgan Stanley&nbsp;all ended Monday higher as well. They will report their earnings later in the week.</p>\n<p>Federal Reserve Chairman Jerome Powellis scheduled to appearin front of Congress Wednesday and Thursday to provide an update on monetary policy. He has maintained that the Fed's easy policies will remain intact until there's more progress on its employment and inflation goals.</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>Dow retreats slightly from record as hot inflation report overshadows strong earnings</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\">\nDow retreats slightly from record as hot inflation report overshadows strong earnings\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\">2021-07-13 21:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Stocks fell slightly on Tuesday after a hotter-than-expected inflation report overshadowed a strong start to second-quarter earnings season.</p>\n<p>The Dow Jones Industrial average shed 20 points, or 0.1%. The measure closed at a record just below 35,000 the day prior. The S&amp;P 500 lost 0.1%. The Nasdaq Composite also fell 0.1%.</p>\n<p>Inflation rose at its fastest pace in nearly 13 years,the Labor Department reported Tuesday. The consumer price index increased 5.4% from a year ago; economists surveyed by Dow Jones expected a 5% gain. Core CPI, excluding food and energy, jumped 4.5%, the sharpest move for that measure since September 1991 and well above the estimate of 3.8%.</p>\n<p>\"A white-hot June CPI print has the markets jittery this morning,\" Cliff Hodge, CIO at Cornerstone Wealth, said. \"Moving forward we expect these inflation numbers to begin to cool. June 2020 was the absolute low for Core CPI during the pandemic shutdown, so the comparisons get tougher from&nbsp;here. Used car prices soared 45% year over year which is not likely to persist in coming months.\"</p>\n<p>The10-year U.S. Treasury yield&nbsp;edged slightly higher following the CPI report.</p>\n<p>The latest inflation data came after big banks and PepsiCo posted blowout second-quarter earnings reports beating Wall Street estimates. But with stocks at record highs and the Dow Jones Industrial Average just shy of 35,000, expectations likely ran higher than the official estimates reflected.</p>\n<p>JPMorgan Chase shares dipped in the premarket even after posting&nbsp;second-quarter earningsof $11.9 billion, or $3.78 per share, which exceeded the $3.21 estimate of analysts surveyed by Refinitiv.</p>\n<p>Banks set aside billions of dollars for loan losses amid the pandemic, but have been releasing those reserves as consumers performed better than expected. JPMorgan released $3 billion in loan loss reserves after taking just $734 million in charge-offs. That gave the firm a $2.3 billion benefit, allowing the bank to top earnings expectations. Investors may be giving less credit to JPMorgan's earnings beat due to this loan loss reserve release.</p>\n<p>Meanwhile, Goldman Sachs shared edged about 1% higher in premarket trading. The firm reported&nbsp;second-quarter earnings&nbsp;of $15.02 per share, topping analysts' expectation of $10.24 earnings per share. The bank posted its second-best ever quarterly investment banking revenue as a rush of IPOs hit Wall Street last quarter.</p>\n<p>PepsiCo also crushed estimates for its&nbsp;second-quarter earnings&nbsp;and revenue, fueled by returning restaurant demand. The drink and snack giant also raised its forecast. Shares added more than 1% in premarket trading.</p>\n<p>Overall earnings reports are expected to be stellar for the second quarter over the coming weeks with profit growth estimated at 64% year-over-year for the quarter, according to FactSet. That would be the biggest quarterly profit increase since 2009.</p>\n<p>Banks' earnings are expected to more than double for the second quarter, with an estimated 119.5% estimated year-over-year growth rate, according to analysts polled by FactSet.</p>\n<p>In the regular trading session on Monday theDowrose 126.02 points to close just below 35,000. The blue-chip measure is up 14% this year. TheS&amp;P 500andNasdaq Compositegained 0.3% and 0.2%, respectively, to record closes.</p>\n<p>\"High expectations for earnings and each companies' forward guidance will push markets higher or disappointment may create a small pullback in equity markets,\" said Jeff Kilburg, chief investment officer at Sanctuary Wealth. \"Eyes will be on the major banks to set the tone for the next few weeks of earnings.\"</p>\n<p>Bank of America,Citi&nbsp;group,Wells Fargo&nbsp;and&nbsp;Morgan Stanley&nbsp;all ended Monday higher as well. They will report their earnings later in the week.</p>\n<p>Federal Reserve Chairman Jerome Powellis scheduled to appearin front of Congress Wednesday and Thursday to provide an update on monetary policy. He has maintained that the Fed's easy policies will remain intact until there's more progress on its employment and inflation goals.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111418784","content_text":"Stocks fell slightly on Tuesday after a hotter-than-expected inflation report overshadowed a strong start to second-quarter earnings season.\nThe Dow Jones Industrial average shed 20 points, or 0.1%. The measure closed at a record just below 35,000 the day prior. The S&P 500 lost 0.1%. The Nasdaq Composite also fell 0.1%.\nInflation rose at its fastest pace in nearly 13 years,the Labor Department reported Tuesday. The consumer price index increased 5.4% from a year ago; economists surveyed by Dow Jones expected a 5% gain. Core CPI, excluding food and energy, jumped 4.5%, the sharpest move for that measure since September 1991 and well above the estimate of 3.8%.\n\"A white-hot June CPI print has the markets jittery this morning,\" Cliff Hodge, CIO at Cornerstone Wealth, said. \"Moving forward we expect these inflation numbers to begin to cool. June 2020 was the absolute low for Core CPI during the pandemic shutdown, so the comparisons get tougher from here. Used car prices soared 45% year over year which is not likely to persist in coming months.\"\nThe10-year U.S. Treasury yield edged slightly higher following the CPI report.\nThe latest inflation data came after big banks and PepsiCo posted blowout second-quarter earnings reports beating Wall Street estimates. But with stocks at record highs and the Dow Jones Industrial Average just shy of 35,000, expectations likely ran higher than the official estimates reflected.\nJPMorgan Chase shares dipped in the premarket even after posting second-quarter earningsof $11.9 billion, or $3.78 per share, which exceeded the $3.21 estimate of analysts surveyed by Refinitiv.\nBanks set aside billions of dollars for loan losses amid the pandemic, but have been releasing those reserves as consumers performed better than expected. JPMorgan released $3 billion in loan loss reserves after taking just $734 million in charge-offs. That gave the firm a $2.3 billion benefit, allowing the bank to top earnings expectations. Investors may be giving less credit to JPMorgan's earnings beat due to this loan loss reserve release.\nMeanwhile, Goldman Sachs shared edged about 1% higher in premarket trading. The firm reported second-quarter earnings of $15.02 per share, topping analysts' expectation of $10.24 earnings per share. The bank posted its second-best ever quarterly investment banking revenue as a rush of IPOs hit Wall Street last quarter.\nPepsiCo also crushed estimates for its second-quarter earnings and revenue, fueled by returning restaurant demand. The drink and snack giant also raised its forecast. Shares added more than 1% in premarket trading.\nOverall earnings reports are expected to be stellar for the second quarter over the coming weeks with profit growth estimated at 64% year-over-year for the quarter, according to FactSet. That would be the biggest quarterly profit increase since 2009.\nBanks' earnings are expected to more than double for the second quarter, with an estimated 119.5% estimated year-over-year growth rate, according to analysts polled by FactSet.\nIn the regular trading session on Monday theDowrose 126.02 points to close just below 35,000. The blue-chip measure is up 14% this year. TheS&P 500andNasdaq Compositegained 0.3% and 0.2%, respectively, to record closes.\n\"High expectations for earnings and each companies' forward guidance will push markets higher or disappointment may create a small pullback in equity markets,\" said Jeff Kilburg, chief investment officer at Sanctuary Wealth. \"Eyes will be on the major banks to set the tone for the next few weeks of earnings.\"\nBank of America,Citi group,Wells Fargo and Morgan Stanley all ended Monday higher as well. They will report their earnings later in the week.\nFederal Reserve Chairman Jerome Powellis scheduled to appearin front of Congress Wednesday and Thursday to provide an update on monetary policy. He has maintained that the Fed's easy policies will remain intact until there's more progress on its employment and inflation goals.","news_type":1},"isVote":1,"tweetType":1,"viewCount":195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":157688407,"gmtCreate":1625580384709,"gmtModify":1703744284543,"author":{"id":"3569874765024530","authorId":"3569874765024530","name":"standbyme","avatar":"https://static.tigerbbs.com/cf19113e7ac397999e54c3b56ee9f086","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569874765024530","idStr":"3569874765024530"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PINS\">$Pinterest, Inc.(PINS)$</a>[Call]&nbsp;[Heart]&nbsp;","listText":"<a href=\"https://laohu8.com/S/PINS\">$Pinterest, Inc.(PINS)$</a>[Call]&nbsp;[Heart]&nbsp;","text":"$Pinterest, Inc.(PINS)$[Call] [Heart]","images":[{"img":"https://static.tigerbbs.com/36b150126233bcbaee63c6e7b422330a","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/157688407","isVote":1,"tweetType":1,"viewCount":187,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":157699296,"gmtCreate":1625579545015,"gmtModify":1703744237956,"author":{"id":"3569874765024530","authorId":"3569874765024530","name":"standbyme","avatar":"https://static.tigerbbs.com/cf19113e7ac397999e54c3b56ee9f086","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569874765024530","idStr":"3569874765024530"},"themes":[],"htmlText":"Totally agree on these three favourable stocks [Victory]&nbsp;","listText":"Totally agree on these three favourable stocks [Victory]&nbsp;","text":"Totally agree on these three favourable stocks [Victory]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/157699296","repostId":"2148725958","repostType":2,"isVote":1,"tweetType":1,"viewCount":122,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156891703,"gmtCreate":1625208071502,"gmtModify":1703738383287,"author":{"id":"3569874765024530","authorId":"3569874765024530","name":"standbyme","avatar":"https://static.tigerbbs.com/cf19113e7ac397999e54c3b56ee9f086","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569874765024530","idStr":"3569874765024530"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PINS\">$Pinterest, Inc.(PINS)$</a>Tonight 83?","listText":"<a href=\"https://laohu8.com/S/PINS\">$Pinterest, Inc.(PINS)$</a>Tonight 83?","text":"$Pinterest, Inc.(PINS)$Tonight 83?","images":[{"img":"https://static.tigerbbs.com/408ba01e835264fb47f142fe07ca8e2e","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/156891703","isVote":1,"tweetType":1,"viewCount":238,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":156893491,"gmtCreate":1625207987513,"gmtModify":1703738381791,"author":{"id":"3569874765024530","authorId":"3569874765024530","name":"standbyme","avatar":"https://static.tigerbbs.com/cf19113e7ac397999e54c3b56ee9f086","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569874765024530","idStr":"3569874765024530"},"themes":[],"htmlText":"Going more ?&nbsp;","listText":"Going more ?&nbsp;","text":"Going more ?","images":[{"img":"https://static.tigerbbs.com/d89b6836a1b375f83c6fa85be0521820","width":"1125","height":"3657"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/156893491","isVote":1,"tweetType":1,"viewCount":246,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":158746087,"gmtCreate":1625184005449,"gmtModify":1703737763224,"author":{"id":"3569874765024530","authorId":"3569874765024530","name":"standbyme","avatar":"https://static.tigerbbs.com/cf19113e7ac397999e54c3b56ee9f086","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569874765024530","idStr":"3569874765024530"},"themes":[],"htmlText":"Cool&nbsp;","listText":"Cool&nbsp;","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/158746087","repostId":"2148825736","repostType":2,"repost":{"id":"2148825736","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":1625145380,"share":"https://ttm.financial/m/news/2148825736?lang=&edition=fundamental","pubTime":"2021-07-01 21:16","market":"us","language":"en","title":"Pinterest bans all weight loss ads","url":"https://stock-news.laohu8.com/highlight/detail?id=2148825736","media":"Reuters","summary":"July 1 (Reuters) - Pinterest is banning all ads with weight loss language and imagery, including ads","content":"<p>July 1 (Reuters) - Pinterest is banning all ads with weight loss language and imagery, including ads that idealize or denigrate certain body types, it said on Thursday.</p>\n<p>The digital pinboard site said it would also not allow ads with testimonials about weight loss or weight loss products, or ads referencing Body Mass Index <a href=\"https://laohu8.com/S/BMI\">$(BMI)$</a> or similar indexes.</p>\n<p>\"This stance makes Pinterest the only major platform to prohibit all weight loss ads. It's an expansion of our ad policies that have long prohibited body shaming and dangerous weight loss products or claims,\" the company said in a blog post on Thursday.</p>\n<p>Ads promoting healthy lifestyles, habits or fitness services and products are still allowed on the platform if they do not \"focus on weight loss.\" The company said it had developed the policy with guidance from the National Eating Disorders Association.</p>\n<p>Pinterest's head of policy, Sarah Bromma, said in an interview that the rule change prioritized Pinterest users' \"emotional and mental health and wellbeing, especially those directly impacted by eating disorders or diet culture or body shaming.\"</p>\n<p>Pinterest, which has long grappled with combating pro-eating disorder content on its site and has since 2015 blocked such searches and directed users to expert organizations, already has rules against ads promoting weight loss pills or containing before-and-after weight-loss imagery.</p>\n<p>The company also said this week that its global head of inclusion and diversity, Tyi McCray, was leaving the company after less than a year. The move was first reported by Protocol.</p>\n<p>Pinterest, which went public in 2019, has faced controversies around diversity and inequality in the last year, including when two former policy team employees alleged racial discrimination in the workplace.</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>Pinterest bans all weight loss ads</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\">\nPinterest bans all weight loss ads\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\">2021-07-01 21:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>July 1 (Reuters) - Pinterest is banning all ads with weight loss language and imagery, including ads that idealize or denigrate certain body types, it said on Thursday.</p>\n<p>The digital pinboard site said it would also not allow ads with testimonials about weight loss or weight loss products, or ads referencing Body Mass Index <a href=\"https://laohu8.com/S/BMI\">$(BMI)$</a> or similar indexes.</p>\n<p>\"This stance makes Pinterest the only major platform to prohibit all weight loss ads. It's an expansion of our ad policies that have long prohibited body shaming and dangerous weight loss products or claims,\" the company said in a blog post on Thursday.</p>\n<p>Ads promoting healthy lifestyles, habits or fitness services and products are still allowed on the platform if they do not \"focus on weight loss.\" The company said it had developed the policy with guidance from the National Eating Disorders Association.</p>\n<p>Pinterest's head of policy, Sarah Bromma, said in an interview that the rule change prioritized Pinterest users' \"emotional and mental health and wellbeing, especially those directly impacted by eating disorders or diet culture or body shaming.\"</p>\n<p>Pinterest, which has long grappled with combating pro-eating disorder content on its site and has since 2015 blocked such searches and directed users to expert organizations, already has rules against ads promoting weight loss pills or containing before-and-after weight-loss imagery.</p>\n<p>The company also said this week that its global head of inclusion and diversity, Tyi McCray, was leaving the company after less than a year. The move was first reported by Protocol.</p>\n<p>Pinterest, which went public in 2019, has faced controversies around diversity and inequality in the last year, including when two former policy team employees alleged racial discrimination in the workplace.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PINS":"Pinterest, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148825736","content_text":"July 1 (Reuters) - Pinterest is banning all ads with weight loss language and imagery, including ads that idealize or denigrate certain body types, it said on Thursday.\nThe digital pinboard site said it would also not allow ads with testimonials about weight loss or weight loss products, or ads referencing Body Mass Index $(BMI)$ or similar indexes.\n\"This stance makes Pinterest the only major platform to prohibit all weight loss ads. It's an expansion of our ad policies that have long prohibited body shaming and dangerous weight loss products or claims,\" the company said in a blog post on Thursday.\nAds promoting healthy lifestyles, habits or fitness services and products are still allowed on the platform if they do not \"focus on weight loss.\" The company said it had developed the policy with guidance from the National Eating Disorders Association.\nPinterest's head of policy, Sarah Bromma, said in an interview that the rule change prioritized Pinterest users' \"emotional and mental health and wellbeing, especially those directly impacted by eating disorders or diet culture or body shaming.\"\nPinterest, which has long grappled with combating pro-eating disorder content on its site and has since 2015 blocked such searches and directed users to expert organizations, already has rules against ads promoting weight loss pills or containing before-and-after weight-loss imagery.\nThe company also said this week that its global head of inclusion and diversity, Tyi McCray, was leaving the company after less than a year. The move was first reported by Protocol.\nPinterest, which went public in 2019, has faced controversies around diversity and inequality in the last year, including when two former policy team employees alleged racial discrimination in the workplace.","news_type":1},"isVote":1,"tweetType":1,"viewCount":248,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122428084,"gmtCreate":1624630685648,"gmtModify":1703842262468,"author":{"id":"3569874765024530","authorId":"3569874765024530","name":"standbyme","avatar":"https://static.tigerbbs.com/cf19113e7ac397999e54c3b56ee9f086","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569874765024530","idStr":"3569874765024530"},"themes":[],"htmlText":"How high can it go? What’s your take ?","listText":"How high can it go? What’s your take ?","text":"How high can it go? 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[Victory]&nbsp;","listText":"<a href=\"https://laohu8.com/S/SQ\">$Square(SQ)$</a>show your power again ! [Victory]&nbsp;","text":"$Square(SQ)$show your power again ! [Victory]","images":[{"img":"https://static.tigerbbs.com/5d999af859a547e10b4135f0a75ca657","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121713921","isVote":1,"tweetType":1,"viewCount":231,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":121735807,"gmtCreate":1624492172709,"gmtModify":1703838094051,"author":{"id":"3569874765024530","authorId":"3569874765024530","name":"standbyme","avatar":"https://static.tigerbbs.com/cf19113e7ac397999e54c3b56ee9f086","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3569874765024530","idStr":"3569874765024530"},"themes":[],"htmlText":"Going 80 [Bless]&nbsp;","listText":"Going 80 [Bless]&nbsp;","text":"Going 80 [Bless]","images":[{"img":"https://static.tigerbbs.com/22961c83a788ce5c1693bb446b1fe355","width":"1125","height":"3387"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121735807","isVote":1,"tweetType":1,"viewCount":115,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":347778984,"gmtCreate":1618533497448,"gmtModify":1704712286444,"author":{"id":"3569874765024530","authorId":"3569874765024530","name":"standbyme","avatar":"https://static.tigerbbs.com/cf19113e7ac397999e54c3b56ee9f086","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569874765024530","authorIdStr":"3569874765024530"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CLNE\">$Clean Energy Fuels(CLNE)$</a>When will it revive? 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While careful not to derail the recovery - with no end in sight for supportive policy measures such as bond-buying - the rate-rise signal highlighted concerns about inflation.</p>\n<p>\"I think there was a scenario that people had in mind, that the Fed was going to allow for a larger and longer inflation overshoot, and I think with the increase in the dot plot yesterday... people are rethinking that scenario,\" said David Lefkowitz, head of equities for the Americas at UBS Global Wealth Management.</p>\n<p>Technology shares, which generally perform better when interest rates are low, powered a rally on Wall Street last year as investors flocked to stocks seen as relatively safe during times of economic turmoil.</p>\n<p>Investors returned to such positions on Thursday. Chipmaker Nvidia Corp jumped 4.8%, posting its fourth consecutive record close, after Jefferies raised its price target on the stock.</p>\n<p>Meanwhile, shares of Apple Inc, Microsoft Corp, Amazon.com Inc and Facebook Inc shook off premarket declines to advance between 1.3% and 2.2% as investors bet that a steady economic rebound would boost demand for their products in the long run.</p>\n<p>The Nasdaq ended 13 points short of its record finish on Monday, but it was still the index's second-highest close ever.</p>\n<p>The Dow Jones Industrial Average fell 210.22 points, or 0.62%, to 33,823.45, the S&amp;P 500 lost 1.84 points, or 0.04%, to 4,221.86 and the Nasdaq Composite added 121.67 points, or 0.87%, to 14,161.35.</p>\n<p>Interest rate-sensitive bank stocks slumped 4.3% as longer-dated U.S. Treasury yields dropped.</p>\n<p>The strengthening dollar, another by-product of the previous day's Fed news, pushed U.S. oil prices down from the multi-year high hit earlier in the week. The energy index, in turn, was off 3.5%, the biggest laggard among the 11 main S&amp;P sectors.</p>\n<p>Other economically sensitive stocks, including materials&nbsp;and industrials, fell 2.2% and 1.6% respectively as data showed jobless claims rising last week for the first time in more than a month. Still, layoffs appeared to be easing amid a reopening economy and a shortage of people willing to work.</p>\n<p>Volume on U.S. exchanges was 11.77 billion shares, compared with the 10.67 billion average over the last 20 trading days.</p>\n<p>The S&amp;P 500 posted 23 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 82 new highs and 37 new lows.</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>Nasdaq closes up on tech stocks strength, as hawkish Fed limits S&P</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\">\nNasdaq closes up on tech stocks strength, as hawkish Fed limits S&P\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\">2021-06-18 06:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 17 (Reuters) - Conviction in the strength of the economic recovery pushed investors into U.S. technology stocks on Thursday, driving the Nasdaq higher, although a post-Fed hangover left a subdued S&amp;P nursing a very minor loss.</p>\n<p>The marginal decline was the S&amp;P's third negative finish in a row, while the Dow - with a more pronounced drop - posted its fourth straight lower close.</p>\n<p>Many investors were still processing the Federal Reserve's unexpectedly hawkish message on monetary policy from the previous day, which projected the first post-pandemic interest rate hikes in 2023.</p>\n<p>Fed officials cited an improved economic outlook as the U.S. economy recovers quickly from the pandemic, with overall growth expected to hit 7% this year. While careful not to derail the recovery - with no end in sight for supportive policy measures such as bond-buying - the rate-rise signal highlighted concerns about inflation.</p>\n<p>\"I think there was a scenario that people had in mind, that the Fed was going to allow for a larger and longer inflation overshoot, and I think with the increase in the dot plot yesterday... people are rethinking that scenario,\" said David Lefkowitz, head of equities for the Americas at UBS Global Wealth Management.</p>\n<p>Technology shares, which generally perform better when interest rates are low, powered a rally on Wall Street last year as investors flocked to stocks seen as relatively safe during times of economic turmoil.</p>\n<p>Investors returned to such positions on Thursday. Chipmaker Nvidia Corp jumped 4.8%, posting its fourth consecutive record close, after Jefferies raised its price target on the stock.</p>\n<p>Meanwhile, shares of Apple Inc, Microsoft Corp, Amazon.com Inc and Facebook Inc shook off premarket declines to advance between 1.3% and 2.2% as investors bet that a steady economic rebound would boost demand for their products in the long run.</p>\n<p>The Nasdaq ended 13 points short of its record finish on Monday, but it was still the index's second-highest close ever.</p>\n<p>The Dow Jones Industrial Average fell 210.22 points, or 0.62%, to 33,823.45, the S&amp;P 500 lost 1.84 points, or 0.04%, to 4,221.86 and the Nasdaq Composite added 121.67 points, or 0.87%, to 14,161.35.</p>\n<p>Interest rate-sensitive bank stocks slumped 4.3% as longer-dated U.S. Treasury yields dropped.</p>\n<p>The strengthening dollar, another by-product of the previous day's Fed news, pushed U.S. oil prices down from the multi-year high hit earlier in the week. The energy index, in turn, was off 3.5%, the biggest laggard among the 11 main S&amp;P sectors.</p>\n<p>Other economically sensitive stocks, including materials&nbsp;and industrials, fell 2.2% and 1.6% respectively as data showed jobless claims rising last week for the first time in more than a month. Still, layoffs appeared to be easing amid a reopening economy and a shortage of people willing to work.</p>\n<p>Volume on U.S. exchanges was 11.77 billion shares, compared with the 10.67 billion average over the last 20 trading days.</p>\n<p>The S&amp;P 500 posted 23 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 82 new highs and 37 new lows.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QID":"纳指两倍做空ETF","DDM":"道指两倍做多ETF","NVDA":"英伟达","NAB.AU":"NATIONAL AUSTRALIA BANK LTD","SQQQ":"纳指三倍做空ETF",".DJI":"道琼斯","MSFT":"微软",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","DOG":"道指反向ETF","QLD":"纳指两倍做多ETF","QNETCN":"纳斯达克中美互联网老虎指数","AAPL":"苹果","09086":"华夏纳指-U","TQQQ":"纳指三倍做多ETF","SDOW":"道指三倍做空ETF-ProShares","PSQ":"纳指反向ETF","DJX":"1/100道琼斯","UDOW":"道指三倍做多ETF-ProShares","QQQ":"纳指100ETF","AMZN":"亚马逊","DXD":"道指两倍做空ETF","03086":"华夏纳指"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144286417","content_text":"June 17 (Reuters) - Conviction in the strength of the economic recovery pushed investors into U.S. technology stocks on Thursday, driving the Nasdaq higher, although a post-Fed hangover left a subdued S&P nursing a very minor loss.\nThe marginal decline was the S&P's third negative finish in a row, while the Dow - with a more pronounced drop - posted its fourth straight lower close.\nMany investors were still processing the Federal Reserve's unexpectedly hawkish message on monetary policy from the previous day, which projected the first post-pandemic interest rate hikes in 2023.\nFed officials cited an improved economic outlook as the U.S. economy recovers quickly from the pandemic, with overall growth expected to hit 7% this year. While careful not to derail the recovery - with no end in sight for supportive policy measures such as bond-buying - the rate-rise signal highlighted concerns about inflation.\n\"I think there was a scenario that people had in mind, that the Fed was going to allow for a larger and longer inflation overshoot, and I think with the increase in the dot plot yesterday... people are rethinking that scenario,\" said David Lefkowitz, head of equities for the Americas at UBS Global Wealth Management.\nTechnology shares, which generally perform better when interest rates are low, powered a rally on Wall Street last year as investors flocked to stocks seen as relatively safe during times of economic turmoil.\nInvestors returned to such positions on Thursday. Chipmaker Nvidia Corp jumped 4.8%, posting its fourth consecutive record close, after Jefferies raised its price target on the stock.\nMeanwhile, shares of Apple Inc, Microsoft Corp, Amazon.com Inc and Facebook Inc shook off premarket declines to advance between 1.3% and 2.2% as investors bet that a steady economic rebound would boost demand for their products in the long run.\nThe Nasdaq ended 13 points short of its record finish on Monday, but it was still the index's second-highest close ever.\nThe Dow Jones Industrial Average fell 210.22 points, or 0.62%, to 33,823.45, the S&P 500 lost 1.84 points, or 0.04%, to 4,221.86 and the Nasdaq Composite added 121.67 points, or 0.87%, to 14,161.35.\nInterest rate-sensitive bank stocks slumped 4.3% as longer-dated U.S. Treasury yields dropped.\nThe strengthening dollar, another by-product of the previous day's Fed news, pushed U.S. oil prices down from the multi-year high hit earlier in the week. The energy index, in turn, was off 3.5%, the biggest laggard among the 11 main S&P sectors.\nOther economically sensitive stocks, including materials and industrials, fell 2.2% and 1.6% respectively as data showed jobless claims rising last week for the first time in more than a month. Still, layoffs appeared to be easing amid a reopening economy and a shortage of people willing to work.\nVolume on U.S. exchanges was 11.77 billion shares, compared with the 10.67 billion average over the last 20 trading days.\nThe S&P 500 posted 23 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 82 new highs and 37 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":106,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347775283,"gmtCreate":1618533685342,"gmtModify":1704712291150,"author":{"id":"3569874765024530","authorId":"3569874765024530","name":"standbyme","avatar":"https://static.tigerbbs.com/cf19113e7ac397999e54c3b56ee9f086","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569874765024530","authorIdStr":"3569874765024530"},"themes":[],"htmlText":"How about today’s forecast?","listText":"How about today’s forecast?","text":"How about today’s forecast?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/347775283","repostId":"1184470866","repostType":4,"repost":{"id":"1184470866","pubTimestamp":1618530196,"share":"https://ttm.financial/m/news/1184470866?lang=&edition=fundamental","pubTime":"2021-04-16 07:43","market":"us","language":"en","title":"Dow jumps 300 points to top 34,000 for the first time amid blowout economic data","url":"https://stock-news.laohu8.com/highlight/detail?id=1184470866","media":"CNBC","summary":"U.S. stocks climbed to record levels on Thursday after key companies reported strong earnings and fr","content":"<div>\n<p>U.S. stocks climbed to record levels on Thursday after key companies reported strong earnings and fresh economic data pointed to a rebound in consumer spending and the jobs market.\nThe Dow Jones ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/14/stock-futures-inch-higher-after-sp-500-retreats-from-record.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","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>Dow jumps 300 points to top 34,000 for the first time amid blowout economic data</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\">\nDow jumps 300 points to top 34,000 for the first time amid blowout economic data\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-16 07:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/14/stock-futures-inch-higher-after-sp-500-retreats-from-record.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. stocks climbed to record levels on Thursday after key companies reported strong earnings and fresh economic data pointed to a rebound in consumer spending and the jobs market.\nThe Dow Jones ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/14/stock-futures-inch-higher-after-sp-500-retreats-from-record.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果",".DJI":"道琼斯","NFLX":"奈飞",".IXIC":"NASDAQ Composite","AMZN":"亚马逊",".SPX":"S&P 500 Index","COIN":"Coinbase Global, Inc."},"source_url":"https://www.cnbc.com/2021/04/14/stock-futures-inch-higher-after-sp-500-retreats-from-record.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1184470866","content_text":"U.S. stocks climbed to record levels on Thursday after key companies reported strong earnings and fresh economic data pointed to a rebound in consumer spending and the jobs market.\nThe Dow Jones Industrial Average rose 305.10 points, or 0.9%, to a record close of 34,035.99, marking the first time the blue-chip benchmark has crossed the 34,000 milestone. The S&P 500 gained 1.1% to 4,170.42, also reaching a record high. The Nasdaq Composite advanced 1.3% to 14,038.76.\nTechnology shares rebounded as bond yields fell. The so-called FAANG stocks – Facebook, Amazon, Apple, Netflix and Alphabet – all climbed more than 1%. The 10-year Treasury yield dropped 8 basis points below 1.56%. Earlier in the year, higher rates caused investors to dump growth-oriented stocks.\nRetail sales surged 9.8% in March as additional stimulus sent consumer spending soaring, the Commerce Department reported Thursday. That number topped the Dow Jones estimate of a 6.1% gain.\nA separate report on Thursday showed that first-time filings for unemployment insurance dropped to the lowest level since March 2020. The Labor Department reported 576,000 new jobless claims for the week ended April 10. Economists polled by Dow Jones expected a total of 710,000.\n“Although 34,000 by itself is just another number, this is a monumental feat when you think back to where we were last year at this time,” said Ryan Detrick, chief market strategist at LPL Financial. “The speed and resiliency of this economic recovery is unlike anything we’ve ever seen and it helps to justify stocks at all-time highs.”\nShares of UnitedHealth, a Dow member, gained 3.8% after results topped the Street’s forecasts and the health insurer raised guidance for 2021.\nPepsi shares added 0.1% after the consumer snack and drink maker said sales last quarter rose nearly 7%, topping estimates.\nThe market has been grinding higher to reach new records in recent sessions amid the economic reopening and trillions of dollars in stimulus. The S&P 500 has gained 11% in 2021 with energy and financials up the most year to date.\n“I am incredibly bullish on the markets, and you are right to be worried about our deficits,” Larry Fink, BlackRock CEO, said in an interview on “Squawk Box.”“If we don’t have economic growth that is sustainable over the next 10 years — our deficits are going to matter and they are going to elevate interest rates ... I believe because of monetary stimulus, fiscal stimulus, cash on the sidelines, earnings, markets are okay. Markets are going to continue to be stronger.”\nShares of Citigroup erased earlier gains and fell 0.5% The bank posted results that beat analysts’ estimates for first-quarter profit with strong investment banking revenue and a bigger-than-expected release of loan-loss reserves.\nBank of America shares rose as earnings last quarter blew past the Street on booming trading and investment banking results as well the release of loan-loss reserves. The shares dipped 2.9%, however.\nNewly public crypto exchange Coinbase rolled over and closed the day down 1.7% in volatile trading. The stock got a boost earlier after it was revealed Ark Invest’s Cathie Wood loaded up on the first day of trading.\nOn Tuesday, the Food and Drug Administration called for a pause in administering J&J’s Covid-19 vaccine after six people in the U.S. developed a rare disorder involving blood clots. The announcement triggered a sell-off in reopening plays earlier in the week, but is not expected to have a material impact on the pace of the U.S. vaccine rollout.","news_type":1},"isVote":1,"tweetType":1,"viewCount":70,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804060559,"gmtCreate":1627912527071,"gmtModify":1703497749800,"author":{"id":"3569874765024530","authorId":"3569874765024530","name":"standbyme","avatar":"https://static.tigerbbs.com/cf19113e7ac397999e54c3b56ee9f086","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569874765024530","authorIdStr":"3569874765024530"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SQ\">$Square(SQ)$</a>Boom ?&nbsp;","listText":"<a href=\"https://laohu8.com/S/SQ\">$Square(SQ)$</a>Boom ?&nbsp;","text":"$Square(SQ)$Boom ?","images":[{"img":"https://static.tigerbbs.com/e4d0eaaa2a03b068d2e194a972f5ee94","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/804060559","isVote":1,"tweetType":1,"viewCount":820,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":123950291,"gmtCreate":1624407193213,"gmtModify":1703835616888,"author":{"id":"3569874765024530","authorId":"3569874765024530","name":"standbyme","avatar":"https://static.tigerbbs.com/cf19113e7ac397999e54c3b56ee9f086","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569874765024530","authorIdStr":"3569874765024530"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PINS\">$Pinterest, Inc.(PINS)$</a>Can be higher [Happy]&nbsp;","listText":"<a href=\"https://laohu8.com/S/PINS\">$Pinterest, Inc.(PINS)$</a>Can be higher [Happy]&nbsp;","text":"$Pinterest, Inc.(PINS)$Can be higher [Happy]","images":[{"img":"https://static.tigerbbs.com/d6dfe19f34f04d371dae7bb1b6fd05fb","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/123950291","isVote":1,"tweetType":1,"viewCount":52,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":352567516,"gmtCreate":1616985992935,"gmtModify":1704800438557,"author":{"id":"3569874765024530","authorId":"3569874765024530","name":"standbyme","avatar":"https://static.tigerbbs.com/cf19113e7ac397999e54c3b56ee9f086","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569874765024530","authorIdStr":"3569874765024530"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/C09.SI\">$CITY DEVELOPMENTS LIMITED(C09.SI)$</a>???","listText":"<a href=\"https://laohu8.com/S/C09.SI\">$CITY DEVELOPMENTS LIMITED(C09.SI)$</a>???","text":"$CITY DEVELOPMENTS LIMITED(C09.SI)$???","images":[{"img":"https://static.tigerbbs.com/445b18feb3c00671afa6bd09ca04ef41","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/352567516","isVote":1,"tweetType":1,"viewCount":171,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":322563808,"gmtCreate":1615816908604,"gmtModify":1704786992295,"author":{"id":"3569874765024530","authorId":"3569874765024530","name":"standbyme","avatar":"https://static.tigerbbs.com/cf19113e7ac397999e54c3b56ee9f086","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569874765024530","authorIdStr":"3569874765024530"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/LMND\">$Lemonade, Inc.(LMND)$</a>When’s is the&nbsp;ATH?","listText":"<a href=\"https://laohu8.com/S/LMND\">$Lemonade, Inc.(LMND)$</a>When’s is the&nbsp;ATH?","text":"$Lemonade, Inc.(LMND)$When’s is the ATH?","images":[{"img":"https://static.tigerbbs.com/03e2b440fc3912d8ad9f6ed41a2673e2","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/322563808","isVote":1,"tweetType":1,"viewCount":633,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":810056571,"gmtCreate":1629936225293,"gmtModify":1676530175466,"author":{"id":"3569874765024530","authorId":"3569874765024530","name":"standbyme","avatar":"https://static.tigerbbs.com/cf19113e7ac397999e54c3b56ee9f086","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569874765024530","authorIdStr":"3569874765024530"},"themes":[],"htmlText":"Great.&nbsp;Pls go back to your glory days !&nbsp;","listText":"Great.&nbsp;Pls go back to your glory days !&nbsp;","text":"Great. Pls go back to your glory days !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/810056571","repostId":"2162507820","repostType":2,"repost":{"id":"2162507820","pubTimestamp":1629934288,"share":"https://ttm.financial/m/news/2162507820?lang=&edition=fundamental","pubTime":"2021-08-26 07:31","market":"us","language":"en","title":"Snowflake Beats Revenue Estimates and Gives Upbeat Forecast","url":"https://stock-news.laohu8.com/highlight/detail?id=2162507820","media":"Bloomberg","summary":"(Bloomberg) -- Snowflake Inc., the software company with 2020’s biggest U.S. initial public offering","content":"<p>(Bloomberg) -- <a href=\"https://laohu8.com/S/SNOW\">Snowflake</a> Inc., the software company with 2020’s biggest U.S. initial public offering, delivered better-than-expected results and a rosy forecast for the current quarter.</p>\n<p>Product sales, which make up more than 90% of Snowflake’s revenue, will be $280 million to $285 million this quarter, the company said on Wednesday. Analysts have projected $271.4 million on average. Revenue also topped projections in the second quarter, and Snowflake posted a narrower loss than predicted.</p>\n<p>Snowflake, which makes software for warehousing data in the cloud, is benefiting from companies modernizing their corporate applications and networks. Customers also are seeking ways to manage and analyze ever-increasing volumes of information from multiple locations. And Snowflake is facing less of a threat from a rival Amazon Web Services product called Redshift, according to <a href=\"https://laohu8.com/S/UGBLF\">UBS AG</a>.</p>\n<p>Snowflake makes software that pulls in, stores and analyzes information from multiple systems. Its customers include BlackRock Inc. and McKesson Corp. Product revenue climbed to $254.6 million last quarter, compared with an average analyst estimate of $240.1 million. Snowflake reported a loss of 64 cents a share, narrower than the 70 cents projected.</p>\n<p>At its analyst day in June, Snowflake said it is aiming for $10 billion in sales by fiscal 2029. Analysts expect annual sales to top $1 billion in the current fiscal year, 2022.</p>\n<p>Snowflake listed on the New York Stock Exchange in September in the largest IPO ever for a software maker. The stock has more than doubled since then. It climbed as much as 5.3% to $298.75 in late trading Wednesday, before paring the gains.</p>\n<p>The onetime Silicon Valley company said in May that it no longer has a corporate headquarters because its workforce is distributed. It currently lists Bozeman, Montana -- where Chief Executive Officer Frank Slootman and Chief Financial Officer Mike Scarpelli live -- as its principal executive office.</p>\n<p>Snowflake&nbsp;shares&nbsp;rose&nbsp;nearly&nbsp;4%&nbsp;in&nbsp;after-hour&nbsp;trading.</p>","source":"yahoofinance","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>Snowflake Beats Revenue Estimates and Gives Upbeat Forecast</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\">\nSnowflake Beats Revenue Estimates and Gives Upbeat Forecast\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-26 07:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/snowflake-beats-revenue-estimates-gives-202528632.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Snowflake Inc., the software company with 2020’s biggest U.S. initial public offering, delivered better-than-expected results and a rosy forecast for the current quarter.\nProduct sales,...</p>\n\n<a href=\"https://finance.yahoo.com/news/snowflake-beats-revenue-estimates-gives-202528632.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/snowflake-beats-revenue-estimates-gives-202528632.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2162507820","content_text":"(Bloomberg) -- Snowflake Inc., the software company with 2020’s biggest U.S. initial public offering, delivered better-than-expected results and a rosy forecast for the current quarter.\nProduct sales, which make up more than 90% of Snowflake’s revenue, will be $280 million to $285 million this quarter, the company said on Wednesday. Analysts have projected $271.4 million on average. Revenue also topped projections in the second quarter, and Snowflake posted a narrower loss than predicted.\nSnowflake, which makes software for warehousing data in the cloud, is benefiting from companies modernizing their corporate applications and networks. Customers also are seeking ways to manage and analyze ever-increasing volumes of information from multiple locations. And Snowflake is facing less of a threat from a rival Amazon Web Services product called Redshift, according to UBS AG.\nSnowflake makes software that pulls in, stores and analyzes information from multiple systems. Its customers include BlackRock Inc. and McKesson Corp. Product revenue climbed to $254.6 million last quarter, compared with an average analyst estimate of $240.1 million. Snowflake reported a loss of 64 cents a share, narrower than the 70 cents projected.\nAt its analyst day in June, Snowflake said it is aiming for $10 billion in sales by fiscal 2029. Analysts expect annual sales to top $1 billion in the current fiscal year, 2022.\nSnowflake listed on the New York Stock Exchange in September in the largest IPO ever for a software maker. The stock has more than doubled since then. It climbed as much as 5.3% to $298.75 in late trading Wednesday, before paring the gains.\nThe onetime Silicon Valley company said in May that it no longer has a corporate headquarters because its workforce is distributed. It currently lists Bozeman, Montana -- where Chief Executive Officer Frank Slootman and Chief Financial Officer Mike Scarpelli live -- as its principal executive office.\nSnowflake shares rose nearly 4% in after-hour trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":862,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":104864499,"gmtCreate":1620375928311,"gmtModify":1704342771125,"author":{"id":"3569874765024530","authorId":"3569874765024530","name":"standbyme","avatar":"https://static.tigerbbs.com/cf19113e7ac397999e54c3b56ee9f086","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569874765024530","authorIdStr":"3569874765024530"},"themes":[],"htmlText":"Cmon ? ?&nbsp;","listText":"Cmon ? ?&nbsp;","text":"Cmon ? ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/104864499","repostId":"1160279071","repostType":2,"repost":{"id":"1160279071","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":1620375635,"share":"https://ttm.financial/m/news/1160279071?lang=&edition=fundamental","pubTime":"2021-05-07 16:20","market":"us","language":"en","title":"Square Inc rose 2.8% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1160279071","media":"Tiger Newspress","summary":"Square Inc rose 2.8% in premarket trading.Payments firm Square Inc handily beat Wall Street expectat","content":"<p>Square Inc rose 2.8% in premarket&nbsp;trading.</p><p><img src=\"https://static.tigerbbs.com/0ab4eda18961f6df39fda41943c36877\" tg-width=\"1292\" tg-height=\"607\" referrerpolicy=\"no-referrer\">Payments firm Square Inc handily beat Wall Street expectations for quarterly profit on Thursday, as surging demand for bitcoin fueled a jump in cryptocurrency transactions on its peer-to-peer payment service Cash App.</p><p>Stripping out one-time costs, the payments firm, led by Twitter Inc top boss Jack Dorsey, earned 41 cents per share. Analysts on average had expected 16 cents per share, according to Refinitiv IBES data.</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>Square Inc rose 2.8% in premarket 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\">\nSquare Inc rose 2.8% in premarket 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\">2021-05-07 16:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Square Inc rose 2.8% in premarket&nbsp;trading.</p><p><img src=\"https://static.tigerbbs.com/0ab4eda18961f6df39fda41943c36877\" tg-width=\"1292\" tg-height=\"607\" referrerpolicy=\"no-referrer\">Payments firm Square Inc handily beat Wall Street expectations for quarterly profit on Thursday, as surging demand for bitcoin fueled a jump in cryptocurrency transactions on its peer-to-peer payment service Cash App.</p><p>Stripping out one-time costs, the payments firm, led by Twitter Inc top boss Jack Dorsey, earned 41 cents per share. Analysts on average had expected 16 cents per share, according to Refinitiv IBES data.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160279071","content_text":"Square Inc rose 2.8% in premarket trading.Payments firm Square Inc handily beat Wall Street expectations for quarterly profit on Thursday, as surging demand for bitcoin fueled a jump in cryptocurrency transactions on its peer-to-peer payment service Cash App.Stripping out one-time costs, the payments firm, led by Twitter Inc top boss Jack Dorsey, earned 41 cents per share. Analysts on average had expected 16 cents per share, according to Refinitiv IBES data.","news_type":1},"isVote":1,"tweetType":1,"viewCount":226,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373877649,"gmtCreate":1618840953081,"gmtModify":1704715707263,"author":{"id":"3569874765024530","authorId":"3569874765024530","name":"standbyme","avatar":"https://static.tigerbbs.com/cf19113e7ac397999e54c3b56ee9f086","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569874765024530","authorIdStr":"3569874765024530"},"themes":[],"htmlText":"Agree too","listText":"Agree too","text":"Agree too","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/373877649","repostId":"1110962984","repostType":4,"repost":{"id":"1110962984","pubTimestamp":1618837545,"share":"https://ttm.financial/m/news/1110962984?lang=&edition=fundamental","pubTime":"2021-04-19 21:05","market":"hk","language":"en","title":"BYD: Why Buffett's EV Choice Is Better Than The Rest","url":"https://stock-news.laohu8.com/highlight/detail?id=1110962984","media":"seekingalpha","summary":"BYD is a lesser-known EV company, even though it is a major player in different markets.The company has a lot of potential in both personal and commercial EVs and offers exposure to the high-growth battery industry on top of that.Valuations aren't low, but they are way more reasonable compared to most other EV stocks.Photo by Steve Pope/Getty Images News via Getty Images. BYD Seeks To Profit From The EV Trend Through Several Ways. Companies such as NIO, Tesla, XPeng are mostly focused on develop","content":"<p><b>Summary</b></p>\n<ul>\n <li>BYD is a lesser-known EV company, even though it is a major player in different markets.</li>\n <li>The company has a lot of potential in both personal and commercial EVs and offers exposure to the high-growth battery industry on top of that.</li>\n <li>Valuations aren't low, but they are way more reasonable compared to most other EV stocks.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d2002ef0802d10b49978ce6b6c1fdc1c\" tg-width=\"1536\" tg-height=\"1248\"><span>Photo by Steve Pope/Getty Images News via Getty Images</span></p>\n<p><b>Article Thesis</b></p>\n<p>EV stocks have been a favorite investment of many throughout the last year, and currently, many stocks in this space seem to be priced for perfection. Not everything is extremely expensive, however. BYD Company (OTCPK:BYDDY) (OTCPK:BYDDF) is an under-followed Chinese EV maker that is active in a range of other businesses as well, and which has Buffett's Berkshire Hathaway (BRK.A) (BRK.B) as one of its top shareholders. In this report, we will shine some light on this lesser-known EV play and outline why Buffett has chosen BYD over the likes of Tesla (TSLA), NIO (NIO), and other better-known EV companies.</p>\n<p><b>BYD: One Of The Top Players That Is Not Very Well Known</b></p>\n<p>In 2020, EV stocks around the globe have jumped upwards, delivering hefty returns for shareholders. This was likely driven by a combination of ultra-loose monetary policy, growing adoption of EVs, and the fact that there was a large wave of new investors joining the market, many of them young and interested in potentially \"disruptive\" technologies.</p>\n<p>Market capitalizations of the likes of Tesla, NIO, and many more soared as new capital was rushing into the sector:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6e2b1304f62f55d7a1d7260525680717\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p>\n<p>Market capitalization increases of hundreds of percentage points seem baffling for sure, and it seems quite questionable whether those are warranted by the companies' underlying growth. After all, Tesla didn't grow its sales by 400%+, nor did NIO grow its sales by 1,600%.</p>\n<p>Not all EV-related stocks felt the same love over the last year, however. BYD saw its shares rise as well, but not to the same degree as Tesla, NIO, and many others. This could, I believe, be due to the fact that the company isn't well-known among retail investors. Looking at the \"Followers\" the stock has here on Seeking Alpha, about 12,000, we see that the company is much less followed compared to the likes of NIO (173,000), XPeng (XPEV) (44,000), or even Nikola (NKLA) (53,000). BYD is, however, a larger and more successful company than these widely followed EV companies.</p>\n<p><b>BYD Seeks To Profit From The EV Trend Through Several Ways</b></p>\n<p>Companies such as NIO, Tesla, XPeng are mostly focused on developing and selling EVs, while BYD has a wider approach. The company is an EV OEM, but on top of that, BYD also has exposure to the space through other business units.</p>\n<p><b>Batteries</b></p>\n<p>First, BYD is a battery producer that does not only use the batteries it manufactures for its own EVs, but also sells batteries to other OEMs on top of that. This seems like an approach that could pay off in the long run. It is not yet known whether the current leaders in the EV space will remain the top performers for years or decades in terms of market share, but it seems pretty obvious that EV adoption, overall, will continue to grow. This means that more and more batteries are needed, which means that the battery manufacturing business BYD is active in should do well, whether the EV leader in 2030 is Tesla, Volkswagen, or any other company.</p>\n<p>Due to growth tailwinds for the battery industry as a whole, stemming from growing kWH per EV (to increase range) and from a rising number of overall EV sales, battery manufacturing is a business that should see strong growth for many years. On top of that, battery manufacturing is not only tied to personal EVs, but BYD can also supply its batteries to manufacturers of commercial vehicles - e.g., electricity-powered busses or trucks.</p>\n<p><b>Commercial Vehicles</b></p>\n<p>BYD is not only selling batteries to commercial vehicle producers, but is also designing and manufacturing its own products. BYD's portfolio includes electric busses, electric trucks, and electric vans. E-bus technologies look promising and have a range of tailwinds. Commercial electric vehicles don't get a lot of attention, but there is a lot of potential for disrupting that industry eventually. E-buses, for example, are a viable alternative to ICE-powered buses, as low average speed and travel range means that range considerations are not a major issue for the electricity-powered versions. On top of that, using EV technology instead of diesel-powered vehicles will lead to lower local emissions and can thus translate to cleaner air. Especially in huge cities where air pollution is a serious concern, such as in parts of China, growing e-bus adoption seems very likely. BYD also has developed and sells a monorail system calledSkyrail, which is being deployed in a wide range of countries, including Brazil, Egypt, and China.</p>\n<p><b>Passenger EVs</b></p>\n<p>BYD, of course, also sells its own passenger EVs that compete with the offerings of NIO, Tesla, etc. Unbeknownst to many, BYD is one of the top passenger EV manufacturers in the world. During the first quarter, the company sold&nbsp;55,000&nbsp;New Energy Vehicles, or NEVs, with 53,000 of those being plug-in EVs. If BYD were to keep that rate throughout the remainder of the year, they would sell 220,000 EVs in 2021, but due to the Chinese New Year in Q1 and planned production growth, that is likely a conservative estimate, and it seems reasonable to assume that BYD will actually sell more than 220,000 EVs this year.</p>\n<p>Nevertheless, even at that rate, BYD would be able to easily outsell the likes of NIO, XPeng, Li Auto (LI), LUCID (LUCIDM), Rivian (RIVN), and so on. Looking at the company's sales performance on a year-over-year basis, we see that BYD has grown its EV deliveries by about 150% between Q1 2020 and Q1 2021. The previous year's Q1 was impacted by pandemic-related lockdowns in China, but that also holds true for many other manufacturers. With a 150% growth rate in EV deliveries, BYD grew significantly faster than Tesla, which saw its volumes rise by a little above 100% year over year. This seems like a very reasonable comparison, as BYD's EVs are not at all cheap entry-level cars, unlike some of the offerings by other Chinese EV manufacturers. In fact, BYD's Tang and Han models can be described as premium cars that sell for similar prices as do Tesla's offerings. BYD is thus, with relatively comparable offerings, taking market share versus Tesla. For now, BYD mostly sells its cars in its home market China, but exports to foreign markets have started and will likely continue to climb going forward, as BYD seeks to expand its international operations and gain market share in Europe, for example.</p>\n<p><b>Growth At A More Reasonable Price</b></p>\n<p>BYD can't be described as inexpensive at all. Even though it is not as well-known as some of its peers, its shares still experienced strong gains over the last year, and in absolute terms, they look expensive.</p>\n<p>BYD, however, trades at a discount compared to most of the better-known EV stocks, thus one may argue that they are trading at a<i>more reasonable</i>&nbsp;price:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/53c84dd81447cb8b76203843fa6607c3\" tg-width=\"635\" tg-height=\"470\"><span>Data by YCharts</span></p>\n<p>While peers such as NIO, Tesla, XPeng, and LI are trading for 10-25 times sales, BYD trades at 3.7 times its sales. This is, compared to legacy automakers such as Volkswagen (OTCPK:VWAGY), General Motors (GM), Ford (F), or Toyota (TM), still not a low valuation, though, as those mostly trade for 0.5-1 times sales. Still, compared to many of the EV pure-plays, BYD looks like an absolute bargain.</p>\n<p>That also holds true when we look at how its EV business alone could be valued if it were beloved by the market. Tesla, with annual deliveries of about 800,000 vehicles, is valued at roughly $700 billion, or about $900,000 per car they sell. BYD, with an EV sales run rate of about 220,000 vehicles and a relatively comparable model lineup, would see its passenger EV business be valued at about $200 billion at a similar multiple. Add in BYD's promising commercial EV business and its growing battery manufacturing business, and BYD could be valued at several hundred billion dollars. BYD is trading for around $70 billion, though, and thus way cheaper than what one would expect when looking at how its peers are valued. I want to note that I do not believe that BYD should be valued at $200+ billion. Instead, I want to point out that there is a clear disconnect between how the market values BYD compared to most other EV companies. This could also mean that BYD's peers are very overvalued and that BYD is<i>not</i>undervalued.</p>\n<p>The reasons for this disconnect are likely two-fold. First, BYD's management is not doing a good job at promoting the stock and increasing name recognition, showcased by the fact that other, even way smaller EV companies have much higher follower counts. On top of that, BYD is not releasing 10-Q/Ks in the US, so it is hard to get information on the stock, and some investors may also avoid the stock as they fear potential governance issues. These are, however, issues that could be dealt with if management wants to. They could grow their IR team and make the company a better-known EV company, and I assume that they will do so over the years, although not necessarily in the very near term. After all, BYD has ambitious goals of becoming a global leader in EV technologies and growing its sales to $100+ billion over the next couple of years, and it would only be reasonable to then also upgrade investor communication.</p>\n<p><b>Takeaway</b></p>\n<p>BYD is a company that is encroaching on the high-growth EV industry through a multi-faceted strategy that includes personal EVs, commercial EVs, and battery manufacturing. This approach seems sensible and has the potential to be less volatile and cyclical compared to an approach of going all-in on personal EVs, where market share battles could lead to wide margin swings.</p>\n<p>BYD also trades at a relatively low valuation, at least compared to EV pureplay peers, although BYD still trades at a premium to legacy autos. Nevertheless, for value investors and valuation-conscious stock pickers, it seems like one of the best choices in the EV space. Buffett's Berkshire Hathaway holds a stake of&nbsp;more than 8%&nbsp;in BYD, which makes the EV play one of Buffett's top 10 holdings. Long-term Buffett backing always is a good sign, although investors should of course still do their due diligence and consider valuation before making an investment.</p>\n<p>BYD is not necessarily looking like a steal, but I believe that shares are looking way more reasonably valued compared to most of its peers. Among EV stocks, it seems like one of the better investments from a risk/reward perspective for sure.</p>","source":"seekingalpha","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>BYD: Why Buffett's EV Choice Is Better Than The Rest</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\">\nBYD: Why Buffett's EV Choice Is Better Than The Rest\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-19 21:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4419653-byd-why-buffetts-ev-choice-is-better-rest><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nBYD is a lesser-known EV company, even though it is a major player in different markets.\nThe company has a lot of potential in both personal and commercial EVs and offers exposure to the high...</p>\n\n<a href=\"https://seekingalpha.com/article/4419653-byd-why-buffetts-ev-choice-is-better-rest\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"002594":"比亚迪","01211":"比亚迪股份","BYDDY":"比亚迪ADR"},"source_url":"https://seekingalpha.com/article/4419653-byd-why-buffetts-ev-choice-is-better-rest","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1110962984","content_text":"Summary\n\nBYD is a lesser-known EV company, even though it is a major player in different markets.\nThe company has a lot of potential in both personal and commercial EVs and offers exposure to the high-growth battery industry on top of that.\nValuations aren't low, but they are way more reasonable compared to most other EV stocks.\n\nPhoto by Steve Pope/Getty Images News via Getty Images\nArticle Thesis\nEV stocks have been a favorite investment of many throughout the last year, and currently, many stocks in this space seem to be priced for perfection. Not everything is extremely expensive, however. BYD Company (OTCPK:BYDDY) (OTCPK:BYDDF) is an under-followed Chinese EV maker that is active in a range of other businesses as well, and which has Buffett's Berkshire Hathaway (BRK.A) (BRK.B) as one of its top shareholders. In this report, we will shine some light on this lesser-known EV play and outline why Buffett has chosen BYD over the likes of Tesla (TSLA), NIO (NIO), and other better-known EV companies.\nBYD: One Of The Top Players That Is Not Very Well Known\nIn 2020, EV stocks around the globe have jumped upwards, delivering hefty returns for shareholders. This was likely driven by a combination of ultra-loose monetary policy, growing adoption of EVs, and the fact that there was a large wave of new investors joining the market, many of them young and interested in potentially \"disruptive\" technologies.\nMarket capitalizations of the likes of Tesla, NIO, and many more soared as new capital was rushing into the sector:\nData by YCharts\nMarket capitalization increases of hundreds of percentage points seem baffling for sure, and it seems quite questionable whether those are warranted by the companies' underlying growth. After all, Tesla didn't grow its sales by 400%+, nor did NIO grow its sales by 1,600%.\nNot all EV-related stocks felt the same love over the last year, however. BYD saw its shares rise as well, but not to the same degree as Tesla, NIO, and many others. This could, I believe, be due to the fact that the company isn't well-known among retail investors. Looking at the \"Followers\" the stock has here on Seeking Alpha, about 12,000, we see that the company is much less followed compared to the likes of NIO (173,000), XPeng (XPEV) (44,000), or even Nikola (NKLA) (53,000). BYD is, however, a larger and more successful company than these widely followed EV companies.\nBYD Seeks To Profit From The EV Trend Through Several Ways\nCompanies such as NIO, Tesla, XPeng are mostly focused on developing and selling EVs, while BYD has a wider approach. The company is an EV OEM, but on top of that, BYD also has exposure to the space through other business units.\nBatteries\nFirst, BYD is a battery producer that does not only use the batteries it manufactures for its own EVs, but also sells batteries to other OEMs on top of that. This seems like an approach that could pay off in the long run. It is not yet known whether the current leaders in the EV space will remain the top performers for years or decades in terms of market share, but it seems pretty obvious that EV adoption, overall, will continue to grow. This means that more and more batteries are needed, which means that the battery manufacturing business BYD is active in should do well, whether the EV leader in 2030 is Tesla, Volkswagen, or any other company.\nDue to growth tailwinds for the battery industry as a whole, stemming from growing kWH per EV (to increase range) and from a rising number of overall EV sales, battery manufacturing is a business that should see strong growth for many years. On top of that, battery manufacturing is not only tied to personal EVs, but BYD can also supply its batteries to manufacturers of commercial vehicles - e.g., electricity-powered busses or trucks.\nCommercial Vehicles\nBYD is not only selling batteries to commercial vehicle producers, but is also designing and manufacturing its own products. BYD's portfolio includes electric busses, electric trucks, and electric vans. E-bus technologies look promising and have a range of tailwinds. Commercial electric vehicles don't get a lot of attention, but there is a lot of potential for disrupting that industry eventually. E-buses, for example, are a viable alternative to ICE-powered buses, as low average speed and travel range means that range considerations are not a major issue for the electricity-powered versions. On top of that, using EV technology instead of diesel-powered vehicles will lead to lower local emissions and can thus translate to cleaner air. Especially in huge cities where air pollution is a serious concern, such as in parts of China, growing e-bus adoption seems very likely. BYD also has developed and sells a monorail system calledSkyrail, which is being deployed in a wide range of countries, including Brazil, Egypt, and China.\nPassenger EVs\nBYD, of course, also sells its own passenger EVs that compete with the offerings of NIO, Tesla, etc. Unbeknownst to many, BYD is one of the top passenger EV manufacturers in the world. During the first quarter, the company sold 55,000 New Energy Vehicles, or NEVs, with 53,000 of those being plug-in EVs. If BYD were to keep that rate throughout the remainder of the year, they would sell 220,000 EVs in 2021, but due to the Chinese New Year in Q1 and planned production growth, that is likely a conservative estimate, and it seems reasonable to assume that BYD will actually sell more than 220,000 EVs this year.\nNevertheless, even at that rate, BYD would be able to easily outsell the likes of NIO, XPeng, Li Auto (LI), LUCID (LUCIDM), Rivian (RIVN), and so on. Looking at the company's sales performance on a year-over-year basis, we see that BYD has grown its EV deliveries by about 150% between Q1 2020 and Q1 2021. The previous year's Q1 was impacted by pandemic-related lockdowns in China, but that also holds true for many other manufacturers. With a 150% growth rate in EV deliveries, BYD grew significantly faster than Tesla, which saw its volumes rise by a little above 100% year over year. This seems like a very reasonable comparison, as BYD's EVs are not at all cheap entry-level cars, unlike some of the offerings by other Chinese EV manufacturers. In fact, BYD's Tang and Han models can be described as premium cars that sell for similar prices as do Tesla's offerings. BYD is thus, with relatively comparable offerings, taking market share versus Tesla. For now, BYD mostly sells its cars in its home market China, but exports to foreign markets have started and will likely continue to climb going forward, as BYD seeks to expand its international operations and gain market share in Europe, for example.\nGrowth At A More Reasonable Price\nBYD can't be described as inexpensive at all. Even though it is not as well-known as some of its peers, its shares still experienced strong gains over the last year, and in absolute terms, they look expensive.\nBYD, however, trades at a discount compared to most of the better-known EV stocks, thus one may argue that they are trading at amore reasonable price:\nData by YCharts\nWhile peers such as NIO, Tesla, XPeng, and LI are trading for 10-25 times sales, BYD trades at 3.7 times its sales. This is, compared to legacy automakers such as Volkswagen (OTCPK:VWAGY), General Motors (GM), Ford (F), or Toyota (TM), still not a low valuation, though, as those mostly trade for 0.5-1 times sales. Still, compared to many of the EV pure-plays, BYD looks like an absolute bargain.\nThat also holds true when we look at how its EV business alone could be valued if it were beloved by the market. Tesla, with annual deliveries of about 800,000 vehicles, is valued at roughly $700 billion, or about $900,000 per car they sell. BYD, with an EV sales run rate of about 220,000 vehicles and a relatively comparable model lineup, would see its passenger EV business be valued at about $200 billion at a similar multiple. Add in BYD's promising commercial EV business and its growing battery manufacturing business, and BYD could be valued at several hundred billion dollars. BYD is trading for around $70 billion, though, and thus way cheaper than what one would expect when looking at how its peers are valued. I want to note that I do not believe that BYD should be valued at $200+ billion. Instead, I want to point out that there is a clear disconnect between how the market values BYD compared to most other EV companies. This could also mean that BYD's peers are very overvalued and that BYD isnotundervalued.\nThe reasons for this disconnect are likely two-fold. First, BYD's management is not doing a good job at promoting the stock and increasing name recognition, showcased by the fact that other, even way smaller EV companies have much higher follower counts. On top of that, BYD is not releasing 10-Q/Ks in the US, so it is hard to get information on the stock, and some investors may also avoid the stock as they fear potential governance issues. These are, however, issues that could be dealt with if management wants to. They could grow their IR team and make the company a better-known EV company, and I assume that they will do so over the years, although not necessarily in the very near term. After all, BYD has ambitious goals of becoming a global leader in EV technologies and growing its sales to $100+ billion over the next couple of years, and it would only be reasonable to then also upgrade investor communication.\nTakeaway\nBYD is a company that is encroaching on the high-growth EV industry through a multi-faceted strategy that includes personal EVs, commercial EVs, and battery manufacturing. This approach seems sensible and has the potential to be less volatile and cyclical compared to an approach of going all-in on personal EVs, where market share battles could lead to wide margin swings.\nBYD also trades at a relatively low valuation, at least compared to EV pureplay peers, although BYD still trades at a premium to legacy autos. Nevertheless, for value investors and valuation-conscious stock pickers, it seems like one of the best choices in the EV space. Buffett's Berkshire Hathaway holds a stake of more than 8% in BYD, which makes the EV play one of Buffett's top 10 holdings. Long-term Buffett backing always is a good sign, although investors should of course still do their due diligence and consider valuation before making an investment.\nBYD is not necessarily looking like a steal, but I believe that shares are looking way more reasonably valued compared to most of its peers. Among EV stocks, it seems like one of the better investments from a risk/reward perspective for sure.","news_type":1},"isVote":1,"tweetType":1,"viewCount":127,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":800620374,"gmtCreate":1627299337398,"gmtModify":1703487058252,"author":{"id":"3569874765024530","authorId":"3569874765024530","name":"standbyme","avatar":"https://static.tigerbbs.com/cf19113e7ac397999e54c3b56ee9f086","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569874765024530","authorIdStr":"3569874765024530"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PINS\">$Pinterest, Inc.(PINS)$</a>Excited ! [Call]&nbsp;[Strong]&nbsp;","listText":"<a href=\"https://laohu8.com/S/PINS\">$Pinterest, Inc.(PINS)$</a>Excited ! [Call]&nbsp;[Strong]&nbsp;","text":"$Pinterest, Inc.(PINS)$Excited ! [Call] [Strong]","images":[{"img":"https://static.tigerbbs.com/8e6afc528f93b842ce425c729a41ebf0","width":"1125","height":"2183"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/800620374","isVote":1,"tweetType":1,"viewCount":755,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":800667592,"gmtCreate":1627299269716,"gmtModify":1703487059909,"author":{"id":"3569874765024530","authorId":"3569874765024530","name":"standbyme","avatar":"https://static.tigerbbs.com/cf19113e7ac397999e54c3b56ee9f086","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569874765024530","authorIdStr":"3569874765024530"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SQ\">$Square(SQ)$</a>Always never let you down [Cool]&nbsp;","listText":"<a href=\"https://laohu8.com/S/SQ\">$Square(SQ)$</a>Always never let you down [Cool]&nbsp;","text":"$Square(SQ)$Always never let you down [Cool]","images":[{"img":"https://static.tigerbbs.com/5382bb7674ea1a41fc2d40ed5714446e","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/800667592","isVote":1,"tweetType":1,"viewCount":594,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":145076547,"gmtCreate":1626184771889,"gmtModify":1703755056529,"author":{"id":"3569874765024530","authorId":"3569874765024530","name":"standbyme","avatar":"https://static.tigerbbs.com/cf19113e7ac397999e54c3b56ee9f086","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569874765024530","authorIdStr":"3569874765024530"},"themes":[],"htmlText":"Sian.. [Glance]&nbsp;","listText":"Sian.. [Glance]&nbsp;","text":"Sian.. [Glance]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/145076547","repostId":"1111418784","repostType":4,"repost":{"id":"1111418784","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":1626183009,"share":"https://ttm.financial/m/news/1111418784?lang=&edition=fundamental","pubTime":"2021-07-13 21:30","market":"us","language":"en","title":"Dow retreats slightly from record as hot inflation report overshadows strong earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=1111418784","media":"Tiger Newspress","summary":"Stocks fell slightly on Tuesday after a hotter-than-expected inflation report overshadowed a strong ","content":"<p>Stocks fell slightly on Tuesday after a hotter-than-expected inflation report overshadowed a strong start to second-quarter earnings season.</p>\n<p>The Dow Jones Industrial average shed 20 points, or 0.1%. The measure closed at a record just below 35,000 the day prior. The S&amp;P 500 lost 0.1%. The Nasdaq Composite also fell 0.1%.</p>\n<p>Inflation rose at its fastest pace in nearly 13 years,the Labor Department reported Tuesday. The consumer price index increased 5.4% from a year ago; economists surveyed by Dow Jones expected a 5% gain. Core CPI, excluding food and energy, jumped 4.5%, the sharpest move for that measure since September 1991 and well above the estimate of 3.8%.</p>\n<p>\"A white-hot June CPI print has the markets jittery this morning,\" Cliff Hodge, CIO at Cornerstone Wealth, said. \"Moving forward we expect these inflation numbers to begin to cool. June 2020 was the absolute low for Core CPI during the pandemic shutdown, so the comparisons get tougher from&nbsp;here. Used car prices soared 45% year over year which is not likely to persist in coming months.\"</p>\n<p>The10-year U.S. Treasury yield&nbsp;edged slightly higher following the CPI report.</p>\n<p>The latest inflation data came after big banks and PepsiCo posted blowout second-quarter earnings reports beating Wall Street estimates. But with stocks at record highs and the Dow Jones Industrial Average just shy of 35,000, expectations likely ran higher than the official estimates reflected.</p>\n<p>JPMorgan Chase shares dipped in the premarket even after posting&nbsp;second-quarter earningsof $11.9 billion, or $3.78 per share, which exceeded the $3.21 estimate of analysts surveyed by Refinitiv.</p>\n<p>Banks set aside billions of dollars for loan losses amid the pandemic, but have been releasing those reserves as consumers performed better than expected. JPMorgan released $3 billion in loan loss reserves after taking just $734 million in charge-offs. That gave the firm a $2.3 billion benefit, allowing the bank to top earnings expectations. Investors may be giving less credit to JPMorgan's earnings beat due to this loan loss reserve release.</p>\n<p>Meanwhile, Goldman Sachs shared edged about 1% higher in premarket trading. The firm reported&nbsp;second-quarter earnings&nbsp;of $15.02 per share, topping analysts' expectation of $10.24 earnings per share. The bank posted its second-best ever quarterly investment banking revenue as a rush of IPOs hit Wall Street last quarter.</p>\n<p>PepsiCo also crushed estimates for its&nbsp;second-quarter earnings&nbsp;and revenue, fueled by returning restaurant demand. The drink and snack giant also raised its forecast. Shares added more than 1% in premarket trading.</p>\n<p>Overall earnings reports are expected to be stellar for the second quarter over the coming weeks with profit growth estimated at 64% year-over-year for the quarter, according to FactSet. That would be the biggest quarterly profit increase since 2009.</p>\n<p>Banks' earnings are expected to more than double for the second quarter, with an estimated 119.5% estimated year-over-year growth rate, according to analysts polled by FactSet.</p>\n<p>In the regular trading session on Monday theDowrose 126.02 points to close just below 35,000. The blue-chip measure is up 14% this year. TheS&amp;P 500andNasdaq Compositegained 0.3% and 0.2%, respectively, to record closes.</p>\n<p>\"High expectations for earnings and each companies' forward guidance will push markets higher or disappointment may create a small pullback in equity markets,\" said Jeff Kilburg, chief investment officer at Sanctuary Wealth. \"Eyes will be on the major banks to set the tone for the next few weeks of earnings.\"</p>\n<p>Bank of America,Citi&nbsp;group,Wells Fargo&nbsp;and&nbsp;Morgan Stanley&nbsp;all ended Monday higher as well. They will report their earnings later in the week.</p>\n<p>Federal Reserve Chairman Jerome Powellis scheduled to appearin front of Congress Wednesday and Thursday to provide an update on monetary policy. He has maintained that the Fed's easy policies will remain intact until there's more progress on its employment and inflation goals.</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>Dow retreats slightly from record as hot inflation report overshadows strong earnings</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\">\nDow retreats slightly from record as hot inflation report overshadows strong earnings\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\">2021-07-13 21:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Stocks fell slightly on Tuesday after a hotter-than-expected inflation report overshadowed a strong start to second-quarter earnings season.</p>\n<p>The Dow Jones Industrial average shed 20 points, or 0.1%. The measure closed at a record just below 35,000 the day prior. The S&amp;P 500 lost 0.1%. The Nasdaq Composite also fell 0.1%.</p>\n<p>Inflation rose at its fastest pace in nearly 13 years,the Labor Department reported Tuesday. The consumer price index increased 5.4% from a year ago; economists surveyed by Dow Jones expected a 5% gain. Core CPI, excluding food and energy, jumped 4.5%, the sharpest move for that measure since September 1991 and well above the estimate of 3.8%.</p>\n<p>\"A white-hot June CPI print has the markets jittery this morning,\" Cliff Hodge, CIO at Cornerstone Wealth, said. \"Moving forward we expect these inflation numbers to begin to cool. June 2020 was the absolute low for Core CPI during the pandemic shutdown, so the comparisons get tougher from&nbsp;here. Used car prices soared 45% year over year which is not likely to persist in coming months.\"</p>\n<p>The10-year U.S. Treasury yield&nbsp;edged slightly higher following the CPI report.</p>\n<p>The latest inflation data came after big banks and PepsiCo posted blowout second-quarter earnings reports beating Wall Street estimates. But with stocks at record highs and the Dow Jones Industrial Average just shy of 35,000, expectations likely ran higher than the official estimates reflected.</p>\n<p>JPMorgan Chase shares dipped in the premarket even after posting&nbsp;second-quarter earningsof $11.9 billion, or $3.78 per share, which exceeded the $3.21 estimate of analysts surveyed by Refinitiv.</p>\n<p>Banks set aside billions of dollars for loan losses amid the pandemic, but have been releasing those reserves as consumers performed better than expected. JPMorgan released $3 billion in loan loss reserves after taking just $734 million in charge-offs. That gave the firm a $2.3 billion benefit, allowing the bank to top earnings expectations. Investors may be giving less credit to JPMorgan's earnings beat due to this loan loss reserve release.</p>\n<p>Meanwhile, Goldman Sachs shared edged about 1% higher in premarket trading. The firm reported&nbsp;second-quarter earnings&nbsp;of $15.02 per share, topping analysts' expectation of $10.24 earnings per share. The bank posted its second-best ever quarterly investment banking revenue as a rush of IPOs hit Wall Street last quarter.</p>\n<p>PepsiCo also crushed estimates for its&nbsp;second-quarter earnings&nbsp;and revenue, fueled by returning restaurant demand. The drink and snack giant also raised its forecast. Shares added more than 1% in premarket trading.</p>\n<p>Overall earnings reports are expected to be stellar for the second quarter over the coming weeks with profit growth estimated at 64% year-over-year for the quarter, according to FactSet. That would be the biggest quarterly profit increase since 2009.</p>\n<p>Banks' earnings are expected to more than double for the second quarter, with an estimated 119.5% estimated year-over-year growth rate, according to analysts polled by FactSet.</p>\n<p>In the regular trading session on Monday theDowrose 126.02 points to close just below 35,000. The blue-chip measure is up 14% this year. TheS&amp;P 500andNasdaq Compositegained 0.3% and 0.2%, respectively, to record closes.</p>\n<p>\"High expectations for earnings and each companies' forward guidance will push markets higher or disappointment may create a small pullback in equity markets,\" said Jeff Kilburg, chief investment officer at Sanctuary Wealth. \"Eyes will be on the major banks to set the tone for the next few weeks of earnings.\"</p>\n<p>Bank of America,Citi&nbsp;group,Wells Fargo&nbsp;and&nbsp;Morgan Stanley&nbsp;all ended Monday higher as well. They will report their earnings later in the week.</p>\n<p>Federal Reserve Chairman Jerome Powellis scheduled to appearin front of Congress Wednesday and Thursday to provide an update on monetary policy. He has maintained that the Fed's easy policies will remain intact until there's more progress on its employment and inflation goals.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111418784","content_text":"Stocks fell slightly on Tuesday after a hotter-than-expected inflation report overshadowed a strong start to second-quarter earnings season.\nThe Dow Jones Industrial average shed 20 points, or 0.1%. The measure closed at a record just below 35,000 the day prior. The S&P 500 lost 0.1%. The Nasdaq Composite also fell 0.1%.\nInflation rose at its fastest pace in nearly 13 years,the Labor Department reported Tuesday. The consumer price index increased 5.4% from a year ago; economists surveyed by Dow Jones expected a 5% gain. Core CPI, excluding food and energy, jumped 4.5%, the sharpest move for that measure since September 1991 and well above the estimate of 3.8%.\n\"A white-hot June CPI print has the markets jittery this morning,\" Cliff Hodge, CIO at Cornerstone Wealth, said. \"Moving forward we expect these inflation numbers to begin to cool. June 2020 was the absolute low for Core CPI during the pandemic shutdown, so the comparisons get tougher from here. Used car prices soared 45% year over year which is not likely to persist in coming months.\"\nThe10-year U.S. Treasury yield edged slightly higher following the CPI report.\nThe latest inflation data came after big banks and PepsiCo posted blowout second-quarter earnings reports beating Wall Street estimates. But with stocks at record highs and the Dow Jones Industrial Average just shy of 35,000, expectations likely ran higher than the official estimates reflected.\nJPMorgan Chase shares dipped in the premarket even after posting second-quarter earningsof $11.9 billion, or $3.78 per share, which exceeded the $3.21 estimate of analysts surveyed by Refinitiv.\nBanks set aside billions of dollars for loan losses amid the pandemic, but have been releasing those reserves as consumers performed better than expected. JPMorgan released $3 billion in loan loss reserves after taking just $734 million in charge-offs. That gave the firm a $2.3 billion benefit, allowing the bank to top earnings expectations. Investors may be giving less credit to JPMorgan's earnings beat due to this loan loss reserve release.\nMeanwhile, Goldman Sachs shared edged about 1% higher in premarket trading. The firm reported second-quarter earnings of $15.02 per share, topping analysts' expectation of $10.24 earnings per share. The bank posted its second-best ever quarterly investment banking revenue as a rush of IPOs hit Wall Street last quarter.\nPepsiCo also crushed estimates for its second-quarter earnings and revenue, fueled by returning restaurant demand. The drink and snack giant also raised its forecast. Shares added more than 1% in premarket trading.\nOverall earnings reports are expected to be stellar for the second quarter over the coming weeks with profit growth estimated at 64% year-over-year for the quarter, according to FactSet. That would be the biggest quarterly profit increase since 2009.\nBanks' earnings are expected to more than double for the second quarter, with an estimated 119.5% estimated year-over-year growth rate, according to analysts polled by FactSet.\nIn the regular trading session on Monday theDowrose 126.02 points to close just below 35,000. The blue-chip measure is up 14% this year. TheS&P 500andNasdaq Compositegained 0.3% and 0.2%, respectively, to record closes.\n\"High expectations for earnings and each companies' forward guidance will push markets higher or disappointment may create a small pullback in equity markets,\" said Jeff Kilburg, chief investment officer at Sanctuary Wealth. \"Eyes will be on the major banks to set the tone for the next few weeks of earnings.\"\nBank of America,Citi group,Wells Fargo and Morgan Stanley all ended Monday higher as well. They will report their earnings later in the week.\nFederal Reserve Chairman Jerome Powellis scheduled to appearin front of Congress Wednesday and Thursday to provide an update on monetary policy. He has maintained that the Fed's easy policies will remain intact until there's more progress on its employment and inflation goals.","news_type":1},"isVote":1,"tweetType":1,"viewCount":195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156891703,"gmtCreate":1625208071502,"gmtModify":1703738383287,"author":{"id":"3569874765024530","authorId":"3569874765024530","name":"standbyme","avatar":"https://static.tigerbbs.com/cf19113e7ac397999e54c3b56ee9f086","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569874765024530","authorIdStr":"3569874765024530"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PINS\">$Pinterest, Inc.(PINS)$</a>Tonight 83?","listText":"<a href=\"https://laohu8.com/S/PINS\">$Pinterest, Inc.(PINS)$</a>Tonight 83?","text":"$Pinterest, Inc.(PINS)$Tonight 83?","images":[{"img":"https://static.tigerbbs.com/408ba01e835264fb47f142fe07ca8e2e","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/156891703","isVote":1,"tweetType":1,"viewCount":238,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":168291251,"gmtCreate":1623975565973,"gmtModify":1703825062777,"author":{"id":"3569874765024530","authorId":"3569874765024530","name":"standbyme","avatar":"https://static.tigerbbs.com/cf19113e7ac397999e54c3b56ee9f086","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569874765024530","authorIdStr":"3569874765024530"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PINS\">$Pinterest, Inc.(PINS)$</a>going 80 [Call]&nbsp;","listText":"<a href=\"https://laohu8.com/S/PINS\">$Pinterest, Inc.(PINS)$</a>going 80 [Call]&nbsp;","text":"$Pinterest, Inc.(PINS)$going 80 [Call]","images":[{"img":"https://static.tigerbbs.com/448e98ab1a422e613a89b276df33aabd","width":"1125","height":"2183"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/168291251","isVote":1,"tweetType":1,"viewCount":38,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":157699296,"gmtCreate":1625579545015,"gmtModify":1703744237956,"author":{"id":"3569874765024530","authorId":"3569874765024530","name":"standbyme","avatar":"https://static.tigerbbs.com/cf19113e7ac397999e54c3b56ee9f086","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569874765024530","authorIdStr":"3569874765024530"},"themes":[],"htmlText":"Totally agree on these three favourable stocks [Victory]&nbsp;","listText":"Totally agree on these three favourable stocks [Victory]&nbsp;","text":"Totally agree on these three favourable stocks [Victory]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/157699296","repostId":"2148725958","repostType":2,"repost":{"id":"2148725958","pubTimestamp":1625227829,"share":"https://ttm.financial/m/news/2148725958?lang=&edition=fundamental","pubTime":"2021-07-02 20:10","market":"us","language":"en","title":"3 Stocks Cathie Wood Is Selling That Could Still Make You Rich","url":"https://stock-news.laohu8.com/highlight/detail?id=2148725958","media":"Motley Fool","summary":"It's not always the best move to copy what the successful investor does.","content":"<p>L.A. Lakers star Lebron James doesn't make every shot he takes. Tennis great Serena Williams doesn't win every match she plays. And successful investor Cathie Wood sometimes makes the wrong call on a stock.</p>\n<p>I think Wood does a great job with her ARK Invest ETFs. The proof is in the fantastic performance she's achieved over the years. However, I also view some of the recent moves to sell certain stocks in the ARK ETFs as short-sighted. Here are three stocks Wood is selling that I believe could still make you rich over the long run.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/519578e90d4a7c02b89d60c8b46b0a43\" tg-width=\"700\" tg-height=\"525\"><span>Image source: Getty Images.</span></p>\n<h2>Pinterest</h2>\n<p>Wood's <b>ARK Fintech Revolution ETF</b> (NYSEMKT:ARKF) sold more than 320,000 shares of&nbsp;<b>Pinterest</b> (NYSE:PINS) in recent weeks. However, the social media stock still ranks in the top 10 holdings of the ETF.</p>\n<p>My Motley Fool colleague Danny Vena views Pinterest as <a href=\"https://laohu8.com/S/AONE\">one</a> of the three top e-commerce stocks to buy right now. I agree with Danny's take on Pinterest (and his other two picks, for that matter).</p>\n<p>Some might be concerned that Pinterest's monthly average user growth rate is slipping a little. Not me. I think that's to be expected after the pandemic-fueled growth of 2020.</p>\n<p>I fully expect that Pinterest will continue to attract more users, including men (the company's customer base currently largely consists of women.) I also look for the company to boost its monetization in international markets as well as in the U.S. Pinterest could easily double its current market cap of $50 billion over the next few years, in my view.</p>\n<h2>Sea Limited</h2>\n<p><a href=\"https://laohu8.com/S/TWOA.U\">Two</a> of Wood's ETFs have sold shares of&nbsp;<b>Sea Limited</b> (NYSE:SE) over the last few weeks -- the ARK Fintech Revolution ETF and the <b><a href=\"https://laohu8.com/S/ARKW\">ARK Next Generation Internet ETF</a></b> (NYSEMKT:ARKW). Still, though, Sea remains the No. 3 holding in the fintech ETF and ranks No. 16 in the internet ETF.</p>\n<p>Sea stands as <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the fastest-growing large-cap stocks on the planet. Its business is expanding on all fronts -- digital entertainment, e-commerce, and digital payments.</p>\n<p>For now, Sea makes most of its money from its digital entertainment unit thanks to the super-popular <i>Free Fire</i> mobile game. It could have even greater growth opportunities over the long term, though, with its Shopee e-commerce platform.</p>\n<p>The company's name reflects an abbreviation for its primary market -- Southeast Asia. However, Sea continues to make solid inroads into the Latin American market. My prediction is that Sea will become a much bigger player in the region, making patient investors a lot of money in the process.</p>\n<h2>Square</h2>\n<p>Three of Wood's ETFs were scooping up shares of&nbsp;<b>Square</b> (NYSE:SQ) in May. That changed in June, though, with the ARK Next Generation Internet ETF selling over 73,500 shares of the fintech stock.</p>\n<p>Don't think that Wood has soured on Square's prospects. The stock remains the No. 1 holding in the ARK Fintech Revolution ETF and is the fourth-biggest position in the <b><a href=\"https://laohu8.com/S/ARKK\">ARK Innovation ETF</a></b> (NYSEMKT:ARKK).</p>\n<p>Sure, Square's valuation seems ridiculously high, with shares trading at close to 170 times expected earnings. However, disruptive companies almost always command steep valuations. And make no mistake about it: Square is a disruptor.</p>\n<p>The company already offers a wide array of services to businesses. Square is positioning itself to also become a full-fledged commercial bank.</p>\n<p>Perhaps Square's greatest opportunity, though, lies in the individual financial services market. The company's Cash App provides a convenient way for consumers to digitally transfer money and buy and sell stocks and <b>Bitcoin</b>.</p>\n<p>It's easy to see Square expanding Cash App to support personal loans and more features in the future. It's also easy to envision this stock making investors much wealthier over the next decade and beyond.</p>","source":"fool_stock","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>3 Stocks Cathie Wood Is Selling That Could Still Make You Rich</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\">\n3 Stocks Cathie Wood Is Selling That Could Still Make You Rich\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 20:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/02/3-stocks-cathie-wood-is-selling-that-could-still-m/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>L.A. Lakers star Lebron James doesn't make every shot he takes. Tennis great Serena Williams doesn't win every match she plays. And successful investor Cathie Wood sometimes makes the wrong call on a ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/02/3-stocks-cathie-wood-is-selling-that-could-still-m/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PINS":"Pinterest, Inc.","SQ":"Block","SE":"Sea Ltd"},"source_url":"https://www.fool.com/investing/2021/07/02/3-stocks-cathie-wood-is-selling-that-could-still-m/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148725958","content_text":"L.A. Lakers star Lebron James doesn't make every shot he takes. Tennis great Serena Williams doesn't win every match she plays. And successful investor Cathie Wood sometimes makes the wrong call on a stock.\nI think Wood does a great job with her ARK Invest ETFs. The proof is in the fantastic performance she's achieved over the years. However, I also view some of the recent moves to sell certain stocks in the ARK ETFs as short-sighted. Here are three stocks Wood is selling that I believe could still make you rich over the long run.\nImage source: Getty Images.\nPinterest\nWood's ARK Fintech Revolution ETF (NYSEMKT:ARKF) sold more than 320,000 shares of Pinterest (NYSE:PINS) in recent weeks. However, the social media stock still ranks in the top 10 holdings of the ETF.\nMy Motley Fool colleague Danny Vena views Pinterest as one of the three top e-commerce stocks to buy right now. I agree with Danny's take on Pinterest (and his other two picks, for that matter).\nSome might be concerned that Pinterest's monthly average user growth rate is slipping a little. Not me. I think that's to be expected after the pandemic-fueled growth of 2020.\nI fully expect that Pinterest will continue to attract more users, including men (the company's customer base currently largely consists of women.) I also look for the company to boost its monetization in international markets as well as in the U.S. Pinterest could easily double its current market cap of $50 billion over the next few years, in my view.\nSea Limited\nTwo of Wood's ETFs have sold shares of Sea Limited (NYSE:SE) over the last few weeks -- the ARK Fintech Revolution ETF and the ARK Next Generation Internet ETF (NYSEMKT:ARKW). Still, though, Sea remains the No. 3 holding in the fintech ETF and ranks No. 16 in the internet ETF.\nSea stands as one of the fastest-growing large-cap stocks on the planet. Its business is expanding on all fronts -- digital entertainment, e-commerce, and digital payments.\nFor now, Sea makes most of its money from its digital entertainment unit thanks to the super-popular Free Fire mobile game. It could have even greater growth opportunities over the long term, though, with its Shopee e-commerce platform.\nThe company's name reflects an abbreviation for its primary market -- Southeast Asia. However, Sea continues to make solid inroads into the Latin American market. My prediction is that Sea will become a much bigger player in the region, making patient investors a lot of money in the process.\nSquare\nThree of Wood's ETFs were scooping up shares of Square (NYSE:SQ) in May. That changed in June, though, with the ARK Next Generation Internet ETF selling over 73,500 shares of the fintech stock.\nDon't think that Wood has soured on Square's prospects. The stock remains the No. 1 holding in the ARK Fintech Revolution ETF and is the fourth-biggest position in the ARK Innovation ETF (NYSEMKT:ARKK).\nSure, Square's valuation seems ridiculously high, with shares trading at close to 170 times expected earnings. However, disruptive companies almost always command steep valuations. And make no mistake about it: Square is a disruptor.\nThe company already offers a wide array of services to businesses. Square is positioning itself to also become a full-fledged commercial bank.\nPerhaps Square's greatest opportunity, though, lies in the individual financial services market. The company's Cash App provides a convenient way for consumers to digitally transfer money and buy and sell stocks and Bitcoin.\nIt's easy to see Square expanding Cash App to support personal loans and more features in the future. It's also easy to envision this stock making investors much wealthier over the next decade and beyond.","news_type":1},"isVote":1,"tweetType":1,"viewCount":122,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122465871,"gmtCreate":1624630519393,"gmtModify":1703842253189,"author":{"id":"3569874765024530","authorId":"3569874765024530","name":"standbyme","avatar":"https://static.tigerbbs.com/cf19113e7ac397999e54c3b56ee9f086","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569874765024530","authorIdStr":"3569874765024530"},"themes":[],"htmlText":"Biware [Tongue]&nbsp;","listText":"Biware [Tongue]&nbsp;","text":"Biware [Tongue]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/122465871","repostId":"1198438276","repostType":4,"repost":{"id":"1198438276","pubTimestamp":1624628503,"share":"https://ttm.financial/m/news/1198438276?lang=&edition=fundamental","pubTime":"2021-06-25 21:41","market":"us","language":"en","title":"Elon Musk and Jack Dorsey agree to talk about bitcoin at an event in July","url":"https://stock-news.laohu8.com/highlight/detail?id=1198438276","media":"cnbc","summary":"KEY POINTS\n\nElon Musk and Jack Dorsey have agreed to discuss bitcoin with each other at an event abo","content":"<div>\n<p>KEY POINTS\n\nElon Musk and Jack Dorsey have agreed to discuss bitcoin with each other at an event about the cryptocurrency.\nThe event is called The B Word and will take place on July 21.\nComments from ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/25/elon-musk-jack-dorsey-discuss-bitcoin.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","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>Elon Musk and Jack Dorsey agree to talk about bitcoin at an event in July</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; 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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\">\nElon Musk and Jack Dorsey agree to talk about bitcoin at an event in July\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-25 21:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/25/elon-musk-jack-dorsey-discuss-bitcoin.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nElon Musk and Jack Dorsey have agreed to discuss bitcoin with each other at an event about the cryptocurrency.\nThe event is called The B Word and will take place on July 21.\nComments from ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/25/elon-musk-jack-dorsey-discuss-bitcoin.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust","COIN":"Coinbase Global, Inc."},"source_url":"https://www.cnbc.com/2021/06/25/elon-musk-jack-dorsey-discuss-bitcoin.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1198438276","content_text":"KEY POINTS\n\nElon Musk and Jack Dorsey have agreed to discuss bitcoin with each other at an event about the cryptocurrency.\nThe event is called The B Word and will take place on July 21.\nComments from Musk have taken bitcoin investors on a wild ride lately.\n\nTech billionairesElon MuskandJack Dorseyhave agreed to discussbitcoinwith each other at an event in July.\nIn a bizarreTwitterthread, Musk responded to a tweet from Dorsey promoting an event called \"The B Word,\" which aims to encourage companies and institutional investors to adopt bitcoin.\n\n\"Bicurious?\" theTeslaCEO said, seemingly referring to the \"B\" word in question.\nIn response, Twitter's Dorsey said: \"Bizarre! Let's you and I have a conversation at the event. You can share all your curiosities...\"\n\nMusk agreed. \"For the Bitcurious? Very well then, let's do it,\" he said, to which Dorsey later replied: \"Done! Will set up.\"\nThe event will take place on July 21, according to itswebsite, “offering a live experience and a library of content to the investor community, enabling a more informed discussion about the role Bitcoin can serve for institutions across the globe.”\nComments from Musk have taken bitcoin investors on a wild ride lately. The eccentric Tesla boss initially supported bitcoin,briefly adding the hashtag #bitcointo his Twitter bio in January.\nTesla then announced in February that it hadbought $1.5 billion worth of bitcoinand would start accepting it as a method of payment.\nAt the same time, Musk has made a number of tweets supporting dogecoin, which led to astunning— butshort-lived— rally for the joke cryptocurrency.\nMore recently, Musk appears to have rowed back on his views about bitcoin. Last month, he said Tesla wouldstop accepting bitcoin for car purchases, citingenvironmental concerns around the “insane” amount of energyrequired to mine the digital currency.\nHe also posted a meme suggesting he’sfallen out of lovewith bitcoin.\nBut earlier this month, Musk said that Tesla would accept the cryptocurrency when at least half of bitcoin mining is confirmed to be powered by clean energy.\nBitcoinfell below the key $30,000 mark on Tuesday, briefly erasing all its 2021 gains. The digital asset has since risen back above $33,000 but is still down almost 50% of its all-time high of nearly $65,000 which it reached in April.","news_type":1},"isVote":1,"tweetType":1,"viewCount":157,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123976835,"gmtCreate":1624407753227,"gmtModify":1703835652535,"author":{"id":"3569874765024530","authorId":"3569874765024530","name":"standbyme","avatar":"https://static.tigerbbs.com/cf19113e7ac397999e54c3b56ee9f086","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569874765024530","authorIdStr":"3569874765024530"},"themes":[],"htmlText":"Have faith on its potential, Go Green!&nbsp;","listText":"Have faith on its potential, Go Green!&nbsp;","text":"Have faith on its potential, Go Green!","images":[{"img":"https://static.tigerbbs.com/b6a1b53d0a2b21cc56be04f758811977","width":"1125","height":"3477"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123976835","isVote":1,"tweetType":1,"viewCount":176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":123900631,"gmtCreate":1624405379123,"gmtModify":1703835516864,"author":{"id":"3569874765024530","authorId":"3569874765024530","name":"standbyme","avatar":"https://static.tigerbbs.com/cf19113e7ac397999e54c3b56ee9f086","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569874765024530","authorIdStr":"3569874765024530"},"themes":[],"htmlText":"Good article [Smile]&nbsp;","listText":"Good article [Smile]&nbsp;","text":"Good article [Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123900631","repostId":"1188931868","repostType":2,"repost":{"id":"1188931868","pubTimestamp":1624352654,"share":"https://ttm.financial/m/news/1188931868?lang=&edition=fundamental","pubTime":"2021-06-22 17:04","market":"us","language":"en","title":"Square: Winner Takes Most","url":"https://stock-news.laohu8.com/highlight/detail?id=1188931868","media":"seekingalpha","summary":"Summary\n\nArguably the most important fintech metric is customer acquisition cost (CAC). Square’s mas","content":"<p><b>Summary</b></p>\n<ul>\n <li>Arguably the most important fintech metric is customer acquisition cost (CAC). Square’s mastery of viral marketing results in the lowest CAC in the digital wallet space. This is a moat.</li>\n <li>Square is building massive ecosystems in Cash App and Seller that are just beginning to overlap, which results in massive cross-selling opportunities and network effects.</li>\n <li>Square banking is a major catalyst that has not received sufficient attention from analysts or investors.</li>\n <li>Square has spent an entire year building as-of-yet unannounced Square Checking and Square Banking products. This is a shot across the bow at incumbent banks, and indicates Square is ready for a higher level of fintech warfare.</li>\n <li>Square’s future relationship with crypto remains undercooked, and Dorsey’s overfocus on Bitcoin to the exclusion of alternative coins is an uncommon mistake.</li>\n</ul>\n<p><b>Square's Investment Thesis</b></p>\n<p>When I begin researching a company for an article, I always start with the CEO. For as much as I know about balance sheets and technical analysis, it is the CEO that I am most critical and analytical about.</p>\n<p>This is reflected in the types of companies I invest in and write about. Opendoor (OPEN), SoFi (SOFI), Zillow (Z) and Palantir (PLTR) are each led by visionary CEO’s, with colorful histories who make massive contributions to their industries. In my opinion, the story behind these disruptive companies and the CEOs who lead them can inform investment decisions as surely as an earnings report.</p>\n<p>Writing this article began no differently. Jack Dorsey, the $15 Billion dollar man who leads both Square (SQ) and Twitter (TWTR), is one of Wall Street’s biggest eccentricities. He has a penchant for meditating, facial hair, intermittent fasting, 80+ minute morning walks and wields an invisible armor that has allowed him to endure a decade of investors ranting he over-focuses on Square to the detriment of Twitter (sorry Twitter longs).</p>\n<p>Today, we will dive into Square – its competitive advantages over neo-banking peers and incumbents alike, Square's banking opportunity, as well as an update on Square’s cryptocurrency initiatives. Square is the best positioned company in the digital wallet space, and Jack's advertising expertise gained by founding and running Twitter has allowed Square to deploy viral marketing campaigns to fuel absurd growth in Cash App. Cash App's success is rivaled only by Square's Seller ecosystem, and these two businesses are just beginning to combine, interact and compound.</p>\n<p>We're going to talk about all of this here. But first, I want to share a story about how a young Square, in its first years as a company, suffered a direct Amazon (AMZN) salvo and somehow emerged stronger.</p>\n<p><b>How Square Survived An Amazon Siege</b></p>\n<p>Bookstores, brick and mortal retail, supermarkets, meal-kits, enterprise cloud, the list of industries Amazon has bled out and internalized stretches on.</p>\n<p>Amazon has earned the moniker, “The Death Star.”Bought and paid for it. Over the past two decades no other company has so pervasively and efficiently disrupted legacy industries.</p>\n<p>As a brief anecdote, in his early days at Amazon, CEO and founder Jeff Bezos was always searching for ways to eliminate company overhead. In his mind, the less Amazon spent on operations, the more savings could be passed on to Amazon customers.</p>\n<p>In this vein, instead of purchasing a fancy desk for his office, Bezos built his own out of a recycled door and some two by fours. This practice caught on, and Amazon's employees participated broadly by building their own desks out of wooden doors.</p>\n<p>The wooden door initiative served two purposes: 1) it was a cultural commitment to humility, from the top down, and 2) it emphasized the importance of spending money only on initiatives that improve the customer experience.</p>\n<p>There's a picture of Bezos working away on his door deskhere. I’m tempted to frame this photograph, and I probably would if my fiancé would let me. Just confirmed, she says no. But I love this combined concept of customer obsession and frugality.</p>\n<p>From a capital allocation, leadership, and customer-centric perspective, it’s easy to look back now and recognize how Amazon became the goliath it is today. Bezos may not look it, but he is a ruthless, patient CEO whose basilisk gaze you pray doesn’t fall on your industry.</p>\n<p>So when Amazon turned its cannons on a private, relatively small payment processing company named Square in 2014, you didn’t have to be a rocket scientist to know who would be left standing after the dust settled.</p>\n<p>But if you assumed it would be Amazon, you would have been wrong.</p>\n<p>“Amazon Register” was built to kill Square. It undercut Square’s pricing by 30% and offered live customer service (which Square did not have). Even by Square co-founderJim McKelvey’s own admission, Amazon’s product worked better than Square’s ‘dongle’ did (I hate that word as much as you do and I promise to not use it again).</p>\n<p>But Square survived. Thrived in fact. Square continued to execute along the same playbook, launched new features like Square Capital to the innovation stack, and grew roughly 10% week over week that year. Amazon, for all its strength, could not compete with Square in offerings, and small businesses were understandably skeptical about partnering with Amazon.</p>\n<p>After the year-long siege, on October 30, 2015, Amazon gracefully bowed out, announcing they were shuttering Amazon Register. When the hardware was officially discontinued in early 2016, Amazon mailed a white Square card reader to each of its business customers.</p>\n<p>And the rest is history.</p>\n<p>Since Square’s IPO in 2015, the company has continued to fend off fearsome competitors such as Intuit (INTU), PayPal (PYPL), and Shopify (SHOP), not to mention the largest banking systems in the world. Square has ridden a wave of timely and engaging financial innovations to a market cap of $107 Billion at the time of this writing. Cash App’s growth has been an absolute rocket ship, and Dorsey is delivering on the long term vision of connecting Seller and Cash App to one, unified ecosystem.</p>\n<p><b>Square’s Moat: Customer Acquisition Cost</b></p>\n<p>In the banking space, the company that optimizes lifetime value [LTV] vs customer acquisition cost [CAC] is the company that wins.</p>\n<p>Read that again, write it down, bold it and underline it.</p>\n<p>This is not supernatural. Behind the B-school terminology is a basic principle of unit economics: make more from a customer than it costs to acquire them, and do it better than competitors.</p>\n<p>Of all the participants in the banking ecosystem, I believe Square has the lowest customer acquisition costs. This is a major part of the Dorsey value proposition, and misunderstood.</p>\n<p>As founder and CEO of both Square and Twitter, Dorsey has been able to leverage his incredibly nuanced understanding of viral communication to inform viral marketing. Starting in 2017, Twitter mediated campaigns like #CashAppFriday, in which Square offers thousands of dollars to Twitter users who post their Cash App handle, has drawn massive numbers of comments, retweets and Cash App downloads. Partnerships with engaging content developers like the Joe Rogan Experience, Lex Fridmen, Burger King, Travis Scott and Lil B have continued to drive brand awareness. This brand awareness is critical, especially in a crowded digital banking space.According to this study, 82% of app or internet searchers choose a familiar brand for the first click.</p>\n<p>As an example of viral and opportunistic marketing, in 2018 a prominent content creator on TikTok, “Shiggy” released a SoundCloud song about Cash App. After striking a sponsorship deal with Shiggy in 2019, the Cash App marketing team edited a shorter version of the single, and reached out to TikTok influencers with the below message:</p>\n<blockquote>\n Create a TikTok with your best interpretation of the catchy song in everyday situations. And use hashtag #CashAppThatMoney.\n</blockquote>\n<p>Source:Business Insider</p>\n<p>To date, the Shiggy Cash App song has beenused in 9,138 videos. Prominent TikTok influencers such as Addison Rae (81+ million followers) have leveraged their massive platforms to drive hundreds of millions of views.</p>\n<p>Look at the below tweet I found from Cash App on May 7thof this year. By leveraging Cash App’s 1.2 million Twitter followers, $5k in marketing spend and goodwill resulted in 17.4k comments and 26.7k retweets. Those retweets create a reverberation in the Twitter ecosystem and result in a geometric increase in captive eyeballs. Now I am not a TikTok'er and I started a Twitter account within the past month, but it's important to appreciate Square's masterful use of these millennial and Gen Z driven platforms. Assuming roughly one in 50 retweeting individuals downloads CashApp, Square’s CAC is &lt; $10 dollars.</p>\n<p><img src=\"https://static.tigerbbs.com/dee784888614bff23c414cecae7e5f7e\" tg-width=\"640\" tg-height=\"171\" referrerpolicy=\"no-referrer\"></p>\n<p>Source:CashApp Twitter</p>\n<p>The takehome point from this type of marketing? Cash App is able to climb a more vertical slope of user acquisition at lower cost than challenger and incumbent banks alike.</p>\n<p>ARK Invest estimatesincumbent banks spend an average of $925 dollars on customer acquisition. On Square’s most recent earning’s call, management confirmed their CAC was less than $5 dollars. Said another way, Square’s marketing and customer acquisition is 18,500% higher than your retail bank.</p>\n<p>So how has Square flown under the radar of the massive U.S. banking industry?</p>\n<p>Square’s strategy to largely target unbanked or “under-banked” individuals allowed them to build a platform without drawing the attention of Wells Fargo (WFC), Bank of America (BAC), and JPMorgan Chase (JPM). But Square is now one of the top ten largest ‘banks’ in the United States by market cap, and is expanding its total addressable market to those who are already clients of traditional banks.</p>\n<p>This strategy of finding an underserved population, providing value to those customers, then broadening offerings and selling upmarket is in Square’s DNA. They followed the same playbook on the Seller side, initially targeting small businesses doing less than $100k in GMV, but today Square's fastest growing segment is mid- to large-size businesses.</p>\n<p>Square’s peer Venmo cannot flex the same marketing efficiencies as Cash App. Cash App continues to hold the crown as the most downloaded finance application on Apple’s App Store (AAPL) as well as Google Play Store (GOOG), more popular than Venmo, PayPal Cash, and Robinhood (RBNHD). Furthermore, Square has a full 10X more followers than Venmo on Twitter. These advantages manifest as Square enjoying a healthy gap over Venmo in search as well.</p>\n<p><img src=\"https://static.tigerbbs.com/f0ee1067df9e647949f72f4d772af186\" tg-width=\"640\" tg-height=\"172\" referrerpolicy=\"no-referrer\"></p>\n<p>Source:Similarweb</p>\n<p><img src=\"https://static.tigerbbs.com/df7398ef5a030917f6de3ac8d13fe5a9\" tg-width=\"640\" tg-height=\"394\" referrerpolicy=\"no-referrer\"></p>\n<p>Source: I made this with help fromGoogle Trends</p>\n<p>Perhaps most importantly, although Venmo has more monthly active users (MAU’s), Square is better at<i>monetizing</i>these users.According to RBC Capital analyst DanielPerlin, Venmo garners roughly $12 from each MAU, whereas Cash App brings in $54. And due to industry low CAC, Cash App gets the extra benefit of being more profitable as well.</p>\n<p>While there is much more that can be said about Square and PayPal’s competition in the challenger banking space, it is this customer acquisition and long term value that underlies why I prefer holding shares of Square over PayPal.</p>\n<p>Square is just doing the important things better than Venmo. Part of this is Dorsey's social media advantages, but I believe much if it has to do with the fact that Venmo was acquired by PayPal, whereas Square remains independent. The innovative connective tissue which once held Venmo together and fostered bold ideas and big bets was absorbed into the massive PayPal machine, and lost.</p>\n<p>As a SoFi shareholder and bull, I was disappointed to learn in my research that SoFi has been unable thus far to creatively turn its Twitter presence into a customer acquisition engine. Despite 120k+ followers, the SoFi Twitter page has relatively low engagement and no promotional activities reminiscent of #CashAppFriday. SoFi CEO Anthony Noto coincidentally was formerly COO of Twitter when #CashAppFriday first launched, and I believe he will be able to leverage this experience into a more engaging social media presence. Fortunately for SoFi, their CAC's are low (~$40) with much higher LTV's than Cash App as of now (roughly double, close to $2,000 with cross selling into lending).</p>\n<p><b>Square Financial Services: A Bank For All Mankind</b></p>\n<p>On March 1, 2021, Square announced its banking service had begun operations after completing the charter approval process with the FDIC. This is a massive catalyst for Square’s business, and positions them squarely against the glacially slow incumbent banks.</p>\n<p>I recently wrote adeep dive on SoFi(SOFI), which is also pursuing a bank charter, and discussed the massive benefits these fintech companies inherit by building banking infrastructure. With this banking platform, Square will be able to make loans using deposits on its platform, originate loans to small businesses, and improve profitability.</p>\n<p>About a month ago, an iOS developer namedSteve Moser discovered codeon a Square software update revealing new products “Square Checking” and “Square Savings.” Based on the code, Square is planning to offer 0.5% interest rates for its savings accounts through 2021, a full 8+ times higher than thenational savings account average.</p>\n<p>Square's banking play is a continuation of the playbook that led them to purchase Credit Karma’s tax preparation business in 2020. At the time of the acquisition, roughly 2 million Americans used Karma to file returns, with an average refund of $2k. Those tax returns were then deposited in Cash App accounts, where fintech magic happens. Higher account deposits can be loaned out, drive increased transaction volume, and ultimately elevate the LTV of the user.</p>\n<p>SoFi is doing something similar with its $3k account minimums for SoFi IPO Invest, and Square’s banking venture has the opportunity to both elevate account balances and steal additional customers from incumbent banks.</p>\n<p>And the incumbent banks are terrified. See what Jamie Dimon, CEO of JP Morgan and perhaps the most famous banker in the world has said about Square over the years.</p>\n<blockquote>\n What does the small business want? They wanted to process cash and checks and debit on the same machine. We didn’t give them that opportunity. Square did.\n</blockquote>\n<p>Jamie Dimon, CEO, JP Morgan, Investor Day, 2019</p>\n<p>And more recently when asked if JPM should be scared of challenger banks like Square:</p>\n<blockquote>\n Absolutely we should be scared s---less about that. We’ve just got to get quicker, better, faster.\n</blockquote>\n<p>Jamie Dimon, CEO, JP Morgan, Investor Day, January, 2021</p>\n<p>Most importantly, adding banking services multiplies the LTV of Square's customers, and is a major step towards Cash App becoming a financial super app. The single biggest money maker for individual banking customers is checking and savings accounts. According to an ARK Invest white paper, LTV per retail banking customer is roughly $3,600, of which a full 25%, or $900 is checking and savings accounts.</p>\n<p><img src=\"https://static.tigerbbs.com/2bdfa91840a4611caf6808ad0c4bb076\" tg-width=\"640\" tg-height=\"367\" referrerpolicy=\"no-referrer\"></p>\n<p>Source: ARK Invest, with annotations from me:Cash App vs Venmo</p>\n<p>You can breathlessly hype Square's Bitcoin opportunities and wax poetic about Cash App's booming Bitcoin revenue, but the meat and potatoes is here, right in front of us: Square banking. The weapon Square will use to dethrone the incumbent banks is slowly being drawn from its sheath.</p>\n<p><b>Jack Dorsey's Bitcoin Obsession</b></p>\n<p>For those of you who don't follow Dorsey on Twitter or read updates about the Bitcoin (BTC-USD) 2021 Convention, believe me when I say Jack is<i>convicted</i>about the role Bitcoin will play in the Internet’s future.</p>\n<blockquote>\n If I were not at Square or Twitter, I would be working on bitcoin. If bitcoin needed more help than Square or Twitter, I would leave them for bitcoin.\n</blockquote>\n<p>Jack Dorsey, CEO Square, CEO Twitter,Bitcoin 2021 Conference</p>\n<p>At the conference Dorsey announced Square is considering releasing a hardware Bitcoin wallet. For those unfamiliar, when you purchase cryptocurrency on an exchange, the vast majority of the time it is not actually<i>yours</i>, but is in fact an IOU. If you’ve heard the expression, “Not your keys, not your coins,” this is referring directly to this issue. If you don’t have a hardware wallet with a password only you have access to, then the coins don’t truly belong to you.</p>\n<p>Regarding Square's involvement inBitcoin hardware wallets, color me unimpressed. I was surprised to see Square’s stock pop on that news. I can’t really see a situation where a company doing $20+ Billion a year in sales like Square gets meaningful top or bottom line contribution from a glorified flash drive. It’s just not going to move the needle.</p>\n<p>To be honest, cryptocurrency is the biggest potential blind spot I see right now in Dorsey’s execution. Don’t get me wrong, as a Square shareholder I will<i>gladly accept a</i>1,047% increase year over year in Bitcoin revenue to $3.51 B as of Q1 2021. But Dorsey refusing to allow any other coins on the Cash App platform is, in my opinion, the wrong choice for Square and cryptocurrency in general. I have already heard several friends comment they see no role for Cash App because its “crypto features” only allow for Bitcoin trading.</p>\n<p>“That’s why we don’t deal with any other ‘currencies’ or ‘coins’ because we’re so focused on making bitcoin the native currency for the internet,”</p>\n<p>-Jack Dorsey, CEO Square</p>\n<p>Effectively, Dorsey is limiting features for Square’s Cash App users to focus all attention on Bitcoin. But that’s not really how cryptocurrency works – over the past several years the market share of Bitcoin has declined slightly as new platforms have generated interest and ease of investing in alternative coins. Diversity of coin options coincided with Bitcoin reaching its highest market capitalization of all time. I believe there is space for more than one coin in the future, and am personally invested in Ethereum (ETH-USD) due to the utility it offers as the nexus of Internet 3.0.</p>\n<p>I would love to see Dorsey developing revenue-driving crypto services such as decentralized finance for Square. I said this for SoFi, and I will say it again for Square: a staking system, by which users are granted upsize interest for holding Bitcoin in their Cash App, for example, would dramatically elevate Cash App’s value proposition. This is something for all challenger banks to explore and invest in, and it is a game changer.</p>\n<p>All that said, Square has a history of surprising analysts and investors with clever solutions that delight customers. Bitcoin and the cryptocurrency landscape<i>needs</i>innovation and development, and Square is well capitalized in cash and intellect to address this issue.</p>\n<p><b>Square's Near Term Risks</b></p>\n<p>Despite how positive I feel about Square's long-term positioning in the fintech space, I would be remiss if I did not alert you to several considerable near term risks. Square is hurtling towards challenging 2020 comps, with Q2 2020 being the first quarter of government disbursement checks. While I expect Square to post excellent Seller and Cash App numbers, growth will inherently moderate. Furthermore, Cash App benefited from Robinhood's well-publicized meltdown in Q1, as retail investors searched for more transparent and reliable trading platforms. This resulted in a pull-forward of user growth, and I do not believe this is sustainable or reflective of Cash App's long term user growth rates.</p>\n<p>Furthermore, Square's Q1 2021 shareholder letter was chock full of new operating expense forecasts for Q2. Square promised stock based compensation would rise materially in Q2 as new hirings occurred (in Q1 was $118 million), an increase in product development and G&amp;A by $120 million, as well as an increase in transaction and loan losses by $40 million.</p>\n<p>A potential bright spot is Square's investment in DoorDash (DASH), which was a catalyst for Square's blowout Q4 2020 earnings. Based on a price of $168.5/share at the time of this writing, DoorDash's stock has appreciated 28.5% since Q1 end. That equates to a $65 million appreciation in Square's DoorDash equity ownership.</p>\n<p>Even still, netting out equity appreciation and Square's guided opex expansion, Square is guiding for roughly $110 million in additional Q2 spend. This is significant for a company that earned only $39 million last quarter, and Q1 was already benefiting from stimulus check disbursement and peak Bitcoin price and volatility.</p>\n<p>And that brings us to Bitcoin, of which Square owns 8,027 coins.</p>\n<p>Bitcoin's price at the conclusion of Q1 (March 31, 2021) was $58,724. At the time of this writing, one Bitcoin is valued at $32,270, or a 45% drop from the prior quarter.</p>\n<p><b>This is a loss of $259 million on Bitcoin alone in Q2, 2021.</b></p>\n<p>Gulp. All in, these costs will result in an estimated $370 million drag on Square's Q2 earnings. Despite these facts, consensus estimates for Square indicate the investment community believes Square will be<i>profitable</i>this quarter, with 86% earnings revisions up over the past three months. I would be shocked if Square turned a profit this next quarter.</p>\n<p>Accordingly, if you are considering a position in Square, this might be a good indication to wait on the sidelines and see how the next earnings call plays out. As a long term Square shareholder I will continue to hold, as none of these issues impacts my long term bullish stance on Square. I believe Bitcoin will recover over the balance of 2021, and Square's investments in product development and talent acquisition are necessary for the battle ahead with legacy banks.</p>\n<p><b>Concluding Thoughts</b></p>\n<p>The holy grail of the fintech space is low customer acquisition cost. Dorsey’s mastery of viral social media advertising generating low CAC's has been a primary catalyst of Square’s titanic growth rates. Square is just beginning to combine and integrate Cash App and Seller, which will manifest as increased user LTV and strengthening network effects.</p>\n<p>Between Square cross-selling Cash App and Seller, solidifying a banking presence with Square banking and the development and implementation of much-needed crypto services, Square will be the apex presence in the fintech space, with no natural predators. I believe this not only possible, but likely. As the future fintech king, Square has a vast ocean of opportunity ahead, because in the multi-trillion financial services space, winner takes most.</p>","source":"seekingalpha","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>Square: Winner Takes Most</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\">\nSquare: Winner Takes Most\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 17:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4435869-square-winner-takes-most><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nArguably the most important fintech metric is customer acquisition cost (CAC). Square’s mastery of viral marketing results in the lowest CAC in the digital wallet space. This is a moat.\n...</p>\n\n<a href=\"https://seekingalpha.com/article/4435869-square-winner-takes-most\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block"},"source_url":"https://seekingalpha.com/article/4435869-square-winner-takes-most","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1188931868","content_text":"Summary\n\nArguably the most important fintech metric is customer acquisition cost (CAC). Square’s mastery of viral marketing results in the lowest CAC in the digital wallet space. This is a moat.\nSquare is building massive ecosystems in Cash App and Seller that are just beginning to overlap, which results in massive cross-selling opportunities and network effects.\nSquare banking is a major catalyst that has not received sufficient attention from analysts or investors.\nSquare has spent an entire year building as-of-yet unannounced Square Checking and Square Banking products. This is a shot across the bow at incumbent banks, and indicates Square is ready for a higher level of fintech warfare.\nSquare’s future relationship with crypto remains undercooked, and Dorsey’s overfocus on Bitcoin to the exclusion of alternative coins is an uncommon mistake.\n\nSquare's Investment Thesis\nWhen I begin researching a company for an article, I always start with the CEO. For as much as I know about balance sheets and technical analysis, it is the CEO that I am most critical and analytical about.\nThis is reflected in the types of companies I invest in and write about. Opendoor (OPEN), SoFi (SOFI), Zillow (Z) and Palantir (PLTR) are each led by visionary CEO’s, with colorful histories who make massive contributions to their industries. In my opinion, the story behind these disruptive companies and the CEOs who lead them can inform investment decisions as surely as an earnings report.\nWriting this article began no differently. Jack Dorsey, the $15 Billion dollar man who leads both Square (SQ) and Twitter (TWTR), is one of Wall Street’s biggest eccentricities. He has a penchant for meditating, facial hair, intermittent fasting, 80+ minute morning walks and wields an invisible armor that has allowed him to endure a decade of investors ranting he over-focuses on Square to the detriment of Twitter (sorry Twitter longs).\nToday, we will dive into Square – its competitive advantages over neo-banking peers and incumbents alike, Square's banking opportunity, as well as an update on Square’s cryptocurrency initiatives. Square is the best positioned company in the digital wallet space, and Jack's advertising expertise gained by founding and running Twitter has allowed Square to deploy viral marketing campaigns to fuel absurd growth in Cash App. Cash App's success is rivaled only by Square's Seller ecosystem, and these two businesses are just beginning to combine, interact and compound.\nWe're going to talk about all of this here. But first, I want to share a story about how a young Square, in its first years as a company, suffered a direct Amazon (AMZN) salvo and somehow emerged stronger.\nHow Square Survived An Amazon Siege\nBookstores, brick and mortal retail, supermarkets, meal-kits, enterprise cloud, the list of industries Amazon has bled out and internalized stretches on.\nAmazon has earned the moniker, “The Death Star.”Bought and paid for it. Over the past two decades no other company has so pervasively and efficiently disrupted legacy industries.\nAs a brief anecdote, in his early days at Amazon, CEO and founder Jeff Bezos was always searching for ways to eliminate company overhead. In his mind, the less Amazon spent on operations, the more savings could be passed on to Amazon customers.\nIn this vein, instead of purchasing a fancy desk for his office, Bezos built his own out of a recycled door and some two by fours. This practice caught on, and Amazon's employees participated broadly by building their own desks out of wooden doors.\nThe wooden door initiative served two purposes: 1) it was a cultural commitment to humility, from the top down, and 2) it emphasized the importance of spending money only on initiatives that improve the customer experience.\nThere's a picture of Bezos working away on his door deskhere. I’m tempted to frame this photograph, and I probably would if my fiancé would let me. Just confirmed, she says no. But I love this combined concept of customer obsession and frugality.\nFrom a capital allocation, leadership, and customer-centric perspective, it’s easy to look back now and recognize how Amazon became the goliath it is today. Bezos may not look it, but he is a ruthless, patient CEO whose basilisk gaze you pray doesn’t fall on your industry.\nSo when Amazon turned its cannons on a private, relatively small payment processing company named Square in 2014, you didn’t have to be a rocket scientist to know who would be left standing after the dust settled.\nBut if you assumed it would be Amazon, you would have been wrong.\n“Amazon Register” was built to kill Square. It undercut Square’s pricing by 30% and offered live customer service (which Square did not have). Even by Square co-founderJim McKelvey’s own admission, Amazon’s product worked better than Square’s ‘dongle’ did (I hate that word as much as you do and I promise to not use it again).\nBut Square survived. Thrived in fact. Square continued to execute along the same playbook, launched new features like Square Capital to the innovation stack, and grew roughly 10% week over week that year. Amazon, for all its strength, could not compete with Square in offerings, and small businesses were understandably skeptical about partnering with Amazon.\nAfter the year-long siege, on October 30, 2015, Amazon gracefully bowed out, announcing they were shuttering Amazon Register. When the hardware was officially discontinued in early 2016, Amazon mailed a white Square card reader to each of its business customers.\nAnd the rest is history.\nSince Square’s IPO in 2015, the company has continued to fend off fearsome competitors such as Intuit (INTU), PayPal (PYPL), and Shopify (SHOP), not to mention the largest banking systems in the world. Square has ridden a wave of timely and engaging financial innovations to a market cap of $107 Billion at the time of this writing. Cash App’s growth has been an absolute rocket ship, and Dorsey is delivering on the long term vision of connecting Seller and Cash App to one, unified ecosystem.\nSquare’s Moat: Customer Acquisition Cost\nIn the banking space, the company that optimizes lifetime value [LTV] vs customer acquisition cost [CAC] is the company that wins.\nRead that again, write it down, bold it and underline it.\nThis is not supernatural. Behind the B-school terminology is a basic principle of unit economics: make more from a customer than it costs to acquire them, and do it better than competitors.\nOf all the participants in the banking ecosystem, I believe Square has the lowest customer acquisition costs. This is a major part of the Dorsey value proposition, and misunderstood.\nAs founder and CEO of both Square and Twitter, Dorsey has been able to leverage his incredibly nuanced understanding of viral communication to inform viral marketing. Starting in 2017, Twitter mediated campaigns like #CashAppFriday, in which Square offers thousands of dollars to Twitter users who post their Cash App handle, has drawn massive numbers of comments, retweets and Cash App downloads. Partnerships with engaging content developers like the Joe Rogan Experience, Lex Fridmen, Burger King, Travis Scott and Lil B have continued to drive brand awareness. This brand awareness is critical, especially in a crowded digital banking space.According to this study, 82% of app or internet searchers choose a familiar brand for the first click.\nAs an example of viral and opportunistic marketing, in 2018 a prominent content creator on TikTok, “Shiggy” released a SoundCloud song about Cash App. After striking a sponsorship deal with Shiggy in 2019, the Cash App marketing team edited a shorter version of the single, and reached out to TikTok influencers with the below message:\n\n Create a TikTok with your best interpretation of the catchy song in everyday situations. And use hashtag #CashAppThatMoney.\n\nSource:Business Insider\nTo date, the Shiggy Cash App song has beenused in 9,138 videos. Prominent TikTok influencers such as Addison Rae (81+ million followers) have leveraged their massive platforms to drive hundreds of millions of views.\nLook at the below tweet I found from Cash App on May 7thof this year. By leveraging Cash App’s 1.2 million Twitter followers, $5k in marketing spend and goodwill resulted in 17.4k comments and 26.7k retweets. Those retweets create a reverberation in the Twitter ecosystem and result in a geometric increase in captive eyeballs. Now I am not a TikTok'er and I started a Twitter account within the past month, but it's important to appreciate Square's masterful use of these millennial and Gen Z driven platforms. Assuming roughly one in 50 retweeting individuals downloads CashApp, Square’s CAC is < $10 dollars.\n\nSource:CashApp Twitter\nThe takehome point from this type of marketing? Cash App is able to climb a more vertical slope of user acquisition at lower cost than challenger and incumbent banks alike.\nARK Invest estimatesincumbent banks spend an average of $925 dollars on customer acquisition. On Square’s most recent earning’s call, management confirmed their CAC was less than $5 dollars. Said another way, Square’s marketing and customer acquisition is 18,500% higher than your retail bank.\nSo how has Square flown under the radar of the massive U.S. banking industry?\nSquare’s strategy to largely target unbanked or “under-banked” individuals allowed them to build a platform without drawing the attention of Wells Fargo (WFC), Bank of America (BAC), and JPMorgan Chase (JPM). But Square is now one of the top ten largest ‘banks’ in the United States by market cap, and is expanding its total addressable market to those who are already clients of traditional banks.\nThis strategy of finding an underserved population, providing value to those customers, then broadening offerings and selling upmarket is in Square’s DNA. They followed the same playbook on the Seller side, initially targeting small businesses doing less than $100k in GMV, but today Square's fastest growing segment is mid- to large-size businesses.\nSquare’s peer Venmo cannot flex the same marketing efficiencies as Cash App. Cash App continues to hold the crown as the most downloaded finance application on Apple’s App Store (AAPL) as well as Google Play Store (GOOG), more popular than Venmo, PayPal Cash, and Robinhood (RBNHD). Furthermore, Square has a full 10X more followers than Venmo on Twitter. These advantages manifest as Square enjoying a healthy gap over Venmo in search as well.\n\nSource:Similarweb\n\nSource: I made this with help fromGoogle Trends\nPerhaps most importantly, although Venmo has more monthly active users (MAU’s), Square is better atmonetizingthese users.According to RBC Capital analyst DanielPerlin, Venmo garners roughly $12 from each MAU, whereas Cash App brings in $54. And due to industry low CAC, Cash App gets the extra benefit of being more profitable as well.\nWhile there is much more that can be said about Square and PayPal’s competition in the challenger banking space, it is this customer acquisition and long term value that underlies why I prefer holding shares of Square over PayPal.\nSquare is just doing the important things better than Venmo. Part of this is Dorsey's social media advantages, but I believe much if it has to do with the fact that Venmo was acquired by PayPal, whereas Square remains independent. The innovative connective tissue which once held Venmo together and fostered bold ideas and big bets was absorbed into the massive PayPal machine, and lost.\nAs a SoFi shareholder and bull, I was disappointed to learn in my research that SoFi has been unable thus far to creatively turn its Twitter presence into a customer acquisition engine. Despite 120k+ followers, the SoFi Twitter page has relatively low engagement and no promotional activities reminiscent of #CashAppFriday. SoFi CEO Anthony Noto coincidentally was formerly COO of Twitter when #CashAppFriday first launched, and I believe he will be able to leverage this experience into a more engaging social media presence. Fortunately for SoFi, their CAC's are low (~$40) with much higher LTV's than Cash App as of now (roughly double, close to $2,000 with cross selling into lending).\nSquare Financial Services: A Bank For All Mankind\nOn March 1, 2021, Square announced its banking service had begun operations after completing the charter approval process with the FDIC. This is a massive catalyst for Square’s business, and positions them squarely against the glacially slow incumbent banks.\nI recently wrote adeep dive on SoFi(SOFI), which is also pursuing a bank charter, and discussed the massive benefits these fintech companies inherit by building banking infrastructure. With this banking platform, Square will be able to make loans using deposits on its platform, originate loans to small businesses, and improve profitability.\nAbout a month ago, an iOS developer namedSteve Moser discovered codeon a Square software update revealing new products “Square Checking” and “Square Savings.” Based on the code, Square is planning to offer 0.5% interest rates for its savings accounts through 2021, a full 8+ times higher than thenational savings account average.\nSquare's banking play is a continuation of the playbook that led them to purchase Credit Karma’s tax preparation business in 2020. At the time of the acquisition, roughly 2 million Americans used Karma to file returns, with an average refund of $2k. Those tax returns were then deposited in Cash App accounts, where fintech magic happens. Higher account deposits can be loaned out, drive increased transaction volume, and ultimately elevate the LTV of the user.\nSoFi is doing something similar with its $3k account minimums for SoFi IPO Invest, and Square’s banking venture has the opportunity to both elevate account balances and steal additional customers from incumbent banks.\nAnd the incumbent banks are terrified. See what Jamie Dimon, CEO of JP Morgan and perhaps the most famous banker in the world has said about Square over the years.\n\n What does the small business want? They wanted to process cash and checks and debit on the same machine. We didn’t give them that opportunity. Square did.\n\nJamie Dimon, CEO, JP Morgan, Investor Day, 2019\nAnd more recently when asked if JPM should be scared of challenger banks like Square:\n\n Absolutely we should be scared s---less about that. We’ve just got to get quicker, better, faster.\n\nJamie Dimon, CEO, JP Morgan, Investor Day, January, 2021\nMost importantly, adding banking services multiplies the LTV of Square's customers, and is a major step towards Cash App becoming a financial super app. The single biggest money maker for individual banking customers is checking and savings accounts. According to an ARK Invest white paper, LTV per retail banking customer is roughly $3,600, of which a full 25%, or $900 is checking and savings accounts.\n\nSource: ARK Invest, with annotations from me:Cash App vs Venmo\nYou can breathlessly hype Square's Bitcoin opportunities and wax poetic about Cash App's booming Bitcoin revenue, but the meat and potatoes is here, right in front of us: Square banking. The weapon Square will use to dethrone the incumbent banks is slowly being drawn from its sheath.\nJack Dorsey's Bitcoin Obsession\nFor those of you who don't follow Dorsey on Twitter or read updates about the Bitcoin (BTC-USD) 2021 Convention, believe me when I say Jack isconvictedabout the role Bitcoin will play in the Internet’s future.\n\n If I were not at Square or Twitter, I would be working on bitcoin. If bitcoin needed more help than Square or Twitter, I would leave them for bitcoin.\n\nJack Dorsey, CEO Square, CEO Twitter,Bitcoin 2021 Conference\nAt the conference Dorsey announced Square is considering releasing a hardware Bitcoin wallet. For those unfamiliar, when you purchase cryptocurrency on an exchange, the vast majority of the time it is not actuallyyours, but is in fact an IOU. If you’ve heard the expression, “Not your keys, not your coins,” this is referring directly to this issue. If you don’t have a hardware wallet with a password only you have access to, then the coins don’t truly belong to you.\nRegarding Square's involvement inBitcoin hardware wallets, color me unimpressed. I was surprised to see Square’s stock pop on that news. I can’t really see a situation where a company doing $20+ Billion a year in sales like Square gets meaningful top or bottom line contribution from a glorified flash drive. It’s just not going to move the needle.\nTo be honest, cryptocurrency is the biggest potential blind spot I see right now in Dorsey’s execution. Don’t get me wrong, as a Square shareholder I willgladly accept a1,047% increase year over year in Bitcoin revenue to $3.51 B as of Q1 2021. But Dorsey refusing to allow any other coins on the Cash App platform is, in my opinion, the wrong choice for Square and cryptocurrency in general. I have already heard several friends comment they see no role for Cash App because its “crypto features” only allow for Bitcoin trading.\n“That’s why we don’t deal with any other ‘currencies’ or ‘coins’ because we’re so focused on making bitcoin the native currency for the internet,”\n-Jack Dorsey, CEO Square\nEffectively, Dorsey is limiting features for Square’s Cash App users to focus all attention on Bitcoin. But that’s not really how cryptocurrency works – over the past several years the market share of Bitcoin has declined slightly as new platforms have generated interest and ease of investing in alternative coins. Diversity of coin options coincided with Bitcoin reaching its highest market capitalization of all time. I believe there is space for more than one coin in the future, and am personally invested in Ethereum (ETH-USD) due to the utility it offers as the nexus of Internet 3.0.\nI would love to see Dorsey developing revenue-driving crypto services such as decentralized finance for Square. I said this for SoFi, and I will say it again for Square: a staking system, by which users are granted upsize interest for holding Bitcoin in their Cash App, for example, would dramatically elevate Cash App’s value proposition. This is something for all challenger banks to explore and invest in, and it is a game changer.\nAll that said, Square has a history of surprising analysts and investors with clever solutions that delight customers. Bitcoin and the cryptocurrency landscapeneedsinnovation and development, and Square is well capitalized in cash and intellect to address this issue.\nSquare's Near Term Risks\nDespite how positive I feel about Square's long-term positioning in the fintech space, I would be remiss if I did not alert you to several considerable near term risks. Square is hurtling towards challenging 2020 comps, with Q2 2020 being the first quarter of government disbursement checks. While I expect Square to post excellent Seller and Cash App numbers, growth will inherently moderate. Furthermore, Cash App benefited from Robinhood's well-publicized meltdown in Q1, as retail investors searched for more transparent and reliable trading platforms. This resulted in a pull-forward of user growth, and I do not believe this is sustainable or reflective of Cash App's long term user growth rates.\nFurthermore, Square's Q1 2021 shareholder letter was chock full of new operating expense forecasts for Q2. Square promised stock based compensation would rise materially in Q2 as new hirings occurred (in Q1 was $118 million), an increase in product development and G&A by $120 million, as well as an increase in transaction and loan losses by $40 million.\nA potential bright spot is Square's investment in DoorDash (DASH), which was a catalyst for Square's blowout Q4 2020 earnings. Based on a price of $168.5/share at the time of this writing, DoorDash's stock has appreciated 28.5% since Q1 end. That equates to a $65 million appreciation in Square's DoorDash equity ownership.\nEven still, netting out equity appreciation and Square's guided opex expansion, Square is guiding for roughly $110 million in additional Q2 spend. This is significant for a company that earned only $39 million last quarter, and Q1 was already benefiting from stimulus check disbursement and peak Bitcoin price and volatility.\nAnd that brings us to Bitcoin, of which Square owns 8,027 coins.\nBitcoin's price at the conclusion of Q1 (March 31, 2021) was $58,724. At the time of this writing, one Bitcoin is valued at $32,270, or a 45% drop from the prior quarter.\nThis is a loss of $259 million on Bitcoin alone in Q2, 2021.\nGulp. All in, these costs will result in an estimated $370 million drag on Square's Q2 earnings. Despite these facts, consensus estimates for Square indicate the investment community believes Square will beprofitablethis quarter, with 86% earnings revisions up over the past three months. I would be shocked if Square turned a profit this next quarter.\nAccordingly, if you are considering a position in Square, this might be a good indication to wait on the sidelines and see how the next earnings call plays out. As a long term Square shareholder I will continue to hold, as none of these issues impacts my long term bullish stance on Square. I believe Bitcoin will recover over the balance of 2021, and Square's investments in product development and talent acquisition are necessary for the battle ahead with legacy banks.\nConcluding Thoughts\nThe holy grail of the fintech space is low customer acquisition cost. Dorsey’s mastery of viral social media advertising generating low CAC's has been a primary catalyst of Square’s titanic growth rates. Square is just beginning to combine and integrate Cash App and Seller, which will manifest as increased user LTV and strengthening network effects.\nBetween Square cross-selling Cash App and Seller, solidifying a banking presence with Square banking and the development and implementation of much-needed crypto services, Square will be the apex presence in the fintech space, with no natural predators. I believe this not only possible, but likely. As the future fintech king, Square has a vast ocean of opportunity ahead, because in the multi-trillion financial services space, winner takes most.","news_type":1},"isVote":1,"tweetType":1,"viewCount":30,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":190825052,"gmtCreate":1620611837776,"gmtModify":1704345484995,"author":{"id":"3569874765024530","authorId":"3569874765024530","name":"standbyme","avatar":"https://static.tigerbbs.com/cf19113e7ac397999e54c3b56ee9f086","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569874765024530","authorIdStr":"3569874765024530"},"themes":[],"htmlText":"Nope [NosePick]&nbsp;","listText":"Nope [NosePick]&nbsp;","text":"Nope [NosePick]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/190825052","repostId":"1134182996","repostType":4,"isVote":1,"tweetType":1,"viewCount":110,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}