ENAHSHANE personal page - To The Moon

ENAHSHANE

ENAHSHANE

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2021-09-09

Waiting for the dip

2021-07-03

Yo

Suze Orman worries about a market crash — here's what you should do

2021-07-03

Gold to rise?

2021-07-01

Damn this is going to the moon

2021-06-25

$SOS Limited(SOS)$HODL TO $77

2021-06-25

Next stop $750

2021-06-24

HODLING ON. I HAVE FAITH IN THIS

2021-06-18

One for the future.

2021-06-18

$ChargePoint Holdings Inc.(CHPT)$Lookinggood for the EV sector

2021-06-16

$SOS Limited(SOS)$Send this to the moon.

2021-06-16

Looking good

2021-06-14

Let’s go

Elon Musk’s Tweet Revives Bitcoin Bulls

2021-06-14

Go on and save the world

2021-06-09

$Vanguard S&P 500 ETF(VOO)$Still my favourite

2021-06-08

$NIO Inc.(NIO)$Looking good

2021-06-08

Let’s go!

2021-06-07

Looking at how AMC and GME got squeezed, I don’t see how SOS can’t follow in the same direction. Institutions have already added. They know what’s up

2021-06-07

Nice

Sorry, the original content has been removed

2021-06-04

$Tesla Motors(TSLA)$Mmmm still buying the dips

2021-05-28

$SOS Limited(SOS)$Loved the rally last night. How bout a few more

Go to Tiger App to see more news

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09:37","market":"us","language":"en","title":"Suze Orman worries about a market crash — here's what you should do","url":"https://stock-news.laohu8.com/highlight/detail?id=1188153141","media":"MoneyWise","summary":"As stock markets continue setting records, fallout from COVID-19 continues to create problems for th","content":"<p>As stock markets continue setting records, fallout from COVID-19 continues to create problems for the economy.</p>\n<p>That clash has worried investing experts, including Suze Orman, who's gone so far as to say she’s now preparing for an inevitable market crash.</p>\n<p>And a famous measurement popularized by Warren Buffett — known as the Buffett Indicator — shows Orman might be onto something.</p>\n<p>Here’s an explanation of where the concern is coming from and some techniques you can use tokeep your investment portfolio growingeven if the market goes south.</p>\n<p><b>What does Suze Orman think?</b></p>\n<p><img src=\"https://static.tigerbbs.com/be8dc3ad363faad96bc575a22235562d\" tg-width=\"703\" tg-height=\"293\" referrerpolicy=\"no-referrer\">Mediapunch/Shutterstock</p>\n<p>Suze Orman has avidly watched the market for decades. She knows ups and downs are to be expected, but what she’s seeing happen with investment fads like GameStop has her concerned.</p>\n<p>“I don’t like what I see happening in the market right now,” Orman said in a video for CNBC. “The economy has been horrible, but the stock market has been going.”</p>\n<p>While investing is as easy now asusing a smartphone app, Orman is concerned about where we can go from these record highs.</p>\n<p>And even with stimulus checks, which are still going out, and the real estate market breaking its own records last year, Orman worries about what will come with the coronavirus — especially as new variants continue to pop up.</p>\n<p>What's more, she feels it’s just been too long since the last crash to stay this high much longer.</p>\n<p>“This reminds me of 2000 all over again,” Orman says.</p>\n<p><b>The Buffett Indicator</b></p>\n<p><img src=\"https://static.tigerbbs.com/44ada32ecadcc4581fed208f4f4e4d53\" tg-width=\"703\" tg-height=\"293\" referrerpolicy=\"no-referrer\">Larry W Smith/EPA/Shutterstock</p>\n<p>One metric Warren Buffett uses to assess the market so regularly that it’s been named after him has been flashing red for long enough that market watchers are starting to wonder if it’s an outdated tool.</p>\n<p>But the Buffett Indicator, a measurement of the ratio of the stock market’s total value against U.S. economic output, continues to climb to previously unseen levels.</p>\n<p>And those in the know are wondering if it's a sign that we’re about to see a hard fall.</p>\n<p>How to prepare for a crash<img src=\"https://static.tigerbbs.com/1ad912a6b4611d9e39b46d2851c78c9e\" tg-width=\"703\" tg-height=\"293\" referrerpolicy=\"no-referrer\">Freedomz / Shutterstock</p>\n<p>Orman has three recommendations for setting up a simple investment strategy to help you successfully navigate any sharp turns in the market.</p>\n<p><b>1. Buy low</b></p>\n<p>Part of what upsets Orman so much about the furor over meme stocks like GameStop is it goes completely against the average investor’s interests.</p>\n<p>“All of you have your heads screwed on backwards,” she says. “All you want is for these markets to go up and up and up. What good is that going to do you?”</p>\n<p>She points out the only extra money most people have goes towardinvesting for retirementin their 401(k) or IRA plans.</p>\n<p>Because you probably don’t plan to touch that money for decades, the best long-term strategy is to buy low. That way, your dollar will go much further now, leaving plenty of room for growth over the next 20, 30 or 40 years.</p>\n<p><b>2. Invest on a schedule</b></p>\n<p><img src=\"https://static.tigerbbs.com/e4102f8a6d5002090743b1cbded32ef9\" tg-width=\"703\" tg-height=\"293\" referrerpolicy=\"no-referrer\">katjen / Shutterstock</p>\n<p>While she prefers to buy low, Orman doesn’t recommend you stop investing completely when the market goes up.</p>\n<p>She wants casual investors to not get caught up in the daily ups and downs of the market.</p>\n<p>In fact, cheering for downturns now may be your best bet at getting a larger piece of very profitable investments — like some lucky investors were able to do back in 2007 and 2008.</p>\n<p>“When the market went down, down, down you could buy things at nothing,” says Orman. “And now look at them 15 years later.”</p>\n<p>She suggests you set up a dollar-cost averaging strategy, which means you invest your money in equal portions at regular intervals, regardless of the market’s fluctuations.</p>\n<p>This kind of approach is easy to implement with any of the many investing apps currently available to DIY investors.</p>\n<p>There are even apps that willautomatically invest your spare changeby rounding up your debit and credit card purchases to the nearest dollar.</p>\n<p><b>3. Diversify with fractional shares</b></p>\n<p>To help weather dips in specific corners of the market, Orman suggests you diversify your investments — balance your portfolio with investments in many different types of assets and sectors of the economy.</p>\n<p>Orman particularly recommends fractional-share investing. This approach allows you to buy a slice of a share for a big-name company that you otherwise wouldn’t be able to afford.</p>\n<p>With the help of apopular stock-trading tool, anyone at any budget can afford the fractional share strategy.</p>\n<p>“The sooner you begin, the more money you will have,” says Orman. “Just don’t stop, and when these markets go down, you should be so happy because your dollars find more shares.”</p>\n<p>“And the more shares you have, the more money you’ll have 20, 40, 50 years from now.”</p>\n<p><b>What else you can do</b></p>\n<p><img src=\"https://static.tigerbbs.com/5e79c6fd1f8fa6e3a7c3a6c94f1e14b5\" tg-width=\"703\" tg-height=\"293\" referrerpolicy=\"no-referrer\">goodluz / Shutterstock</p>\n<p>Whether or not a big crash is around the corner, investors who are still decades out from retirement can make that work for them, Orman said in theCNBC video.</p>\n<p>First, prepare for the worst and hope for the best. Since the onset of the pandemic, Orman now recommends everyone have an emergency fund that can cover their expenses for a full year.</p>\n<p>Then, to set yourself up fora comfortable retirement, she suggests you opt for a Roth account, whether that’s a 401(k) or IRA.</p>\n<p>That will help you avoid paying tax when you take money out of your retirement account because your contributions to a Roth account are made after tax. Traditional IRAs, on the other hand, aren’t taxed when you make contributions, so you’ll end up paying later.</p>\n<p>If you find you need a little more guidance, working with aprofessional financial adviser, can help point you in the right direction so you can confidently ride out any market volatility.</p>\n<p>While everyone else is veering off course or overcorrecting, you’ll be firmly in the driver’s seat with your sunset years planned for.</p>","source":"lsy1621813427262","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>Suze Orman worries about a market crash — here's what you should do</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\">\nSuze Orman worries about a market crash — here's what you should do\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-03 09:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/suze-orman-worries-market-crash-220000108.html><strong>MoneyWise</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As stock markets continue setting records, fallout from COVID-19 continues to create problems for the economy.\nThat clash has worried investing experts, including Suze Orman, who's gone so far as to ...</p>\n\n<a href=\"https://finance.yahoo.com/news/suze-orman-worries-market-crash-220000108.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/suze-orman-worries-market-crash-220000108.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188153141","content_text":"As stock markets continue setting records, fallout from COVID-19 continues to create problems for the economy.\nThat clash has worried investing experts, including Suze Orman, who's gone so far as to say she’s now preparing for an inevitable market crash.\nAnd a famous measurement popularized by Warren Buffett — known as the Buffett Indicator — shows Orman might be onto something.\nHere’s an explanation of where the concern is coming from and some techniques you can use tokeep your investment portfolio growingeven if the market goes south.\nWhat does Suze Orman think?\nMediapunch/Shutterstock\nSuze Orman has avidly watched the market for decades. She knows ups and downs are to be expected, but what she’s seeing happen with investment fads like GameStop has her concerned.\n“I don’t like what I see happening in the market right now,” Orman said in a video for CNBC. “The economy has been horrible, but the stock market has been going.”\nWhile investing is as easy now asusing a smartphone app, Orman is concerned about where we can go from these record highs.\nAnd even with stimulus checks, which are still going out, and the real estate market breaking its own records last year, Orman worries about what will come with the coronavirus — especially as new variants continue to pop up.\nWhat's more, she feels it’s just been too long since the last crash to stay this high much longer.\n“This reminds me of 2000 all over again,” Orman says.\nThe Buffett Indicator\nLarry W Smith/EPA/Shutterstock\nOne metric Warren Buffett uses to assess the market so regularly that it’s been named after him has been flashing red for long enough that market watchers are starting to wonder if it’s an outdated tool.\nBut the Buffett Indicator, a measurement of the ratio of the stock market’s total value against U.S. economic output, continues to climb to previously unseen levels.\nAnd those in the know are wondering if it's a sign that we’re about to see a hard fall.\nHow to prepare for a crashFreedomz / Shutterstock\nOrman has three recommendations for setting up a simple investment strategy to help you successfully navigate any sharp turns in the market.\n1. Buy low\nPart of what upsets Orman so much about the furor over meme stocks like GameStop is it goes completely against the average investor’s interests.\n“All of you have your heads screwed on backwards,” she says. “All you want is for these markets to go up and up and up. What good is that going to do you?”\nShe points out the only extra money most people have goes towardinvesting for retirementin their 401(k) or IRA plans.\nBecause you probably don’t plan to touch that money for decades, the best long-term strategy is to buy low. That way, your dollar will go much further now, leaving plenty of room for growth over the next 20, 30 or 40 years.\n2. Invest on a schedule\nkatjen / Shutterstock\nWhile she prefers to buy low, Orman doesn’t recommend you stop investing completely when the market goes up.\nShe wants casual investors to not get caught up in the daily ups and downs of the market.\nIn fact, cheering for downturns now may be your best bet at getting a larger piece of very profitable investments — like some lucky investors were able to do back in 2007 and 2008.\n“When the market went down, down, down you could buy things at nothing,” says Orman. “And now look at them 15 years later.”\nShe suggests you set up a dollar-cost averaging strategy, which means you invest your money in equal portions at regular intervals, regardless of the market’s fluctuations.\nThis kind of approach is easy to implement with any of the many investing apps currently available to DIY investors.\nThere are even apps that willautomatically invest your spare changeby rounding up your debit and credit card purchases to the nearest dollar.\n3. Diversify with fractional shares\nTo help weather dips in specific corners of the market, Orman suggests you diversify your investments — balance your portfolio with investments in many different types of assets and sectors of the economy.\nOrman particularly recommends fractional-share investing. This approach allows you to buy a slice of a share for a big-name company that you otherwise wouldn’t be able to afford.\nWith the help of apopular stock-trading tool, anyone at any budget can afford the fractional share strategy.\n“The sooner you begin, the more money you will have,” says Orman. “Just don’t stop, and when these markets go down, you should be so happy because your dollars find more shares.”\n“And the more shares you have, the more money you’ll have 20, 40, 50 years from now.”\nWhat else you can do\ngoodluz / Shutterstock\nWhether or not a big crash is around the corner, investors who are still decades out from retirement can make that work for them, Orman said in theCNBC video.\nFirst, prepare for the worst and hope for the best. Since the onset of the pandemic, Orman now recommends everyone have an emergency fund that can cover their expenses for a full year.\nThen, to set yourself up fora comfortable retirement, she suggests you opt for a Roth account, whether that’s a 401(k) or IRA.\nThat will help you avoid paying tax when you take money out of your retirement account because your contributions to a Roth account are made after tax. Traditional IRAs, on the other hand, aren’t taxed when you make contributions, so you’ll end up paying later.\nIf you find you need a little more guidance, working with aprofessional financial adviser, can help point you in the right direction so you can confidently ride out any market volatility.\nWhile everyone else is veering off course or overcorrecting, you’ll be firmly in the driver’s seat with your sunset years planned for.","news_type":1},"isVote":1,"tweetType":1,"viewCount":310,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":152415458,"gmtCreate":1625326328074,"gmtModify":1703740452294,"author":{"id":"3570938778601887","authorId":"3570938778601887","name":"ENAHSHANE","avatar":"https://static.tigerbbs.com/4826b7f9114514b02002820348f8e822","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Gold to rise?","listText":"Gold to rise?","text":"Gold to rise?","images":[{"img":"https://static.tigerbbs.com/887019bda41abb448bdcd46d78fe0f18","width":"1125","height":"3299"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/152415458","isVote":1,"tweetType":1,"viewCount":399,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":158279069,"gmtCreate":1625153018051,"gmtModify":1703737357711,"author":{"id":"3570938778601887","authorId":"3570938778601887","name":"ENAHSHANE","avatar":"https://static.tigerbbs.com/4826b7f9114514b02002820348f8e822","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Damn this is going to the moon","listText":"Damn this is going to the moon","text":"Damn this is going to the moon","images":[{"img":"https://static.tigerbbs.com/eebdd641bd58f5391c7f26a1fcf8c756","width":"1125","height":"3642"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/158279069","isVote":1,"tweetType":1,"viewCount":233,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":122299482,"gmtCreate":1624621253346,"gmtModify":1703841907021,"author":{"id":"3570938778601887","authorId":"3570938778601887","name":"ENAHSHANE","avatar":"https://static.tigerbbs.com/4826b7f9114514b02002820348f8e822","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SOS\">$SOS Limited(SOS)$</a>HODL TO $77","listText":"<a href=\"https://laohu8.com/S/SOS\">$SOS Limited(SOS)$</a>HODL TO $77","text":"$SOS Limited(SOS)$HODL TO $77","images":[{"img":"https://static.tigerbbs.com/deb0c4ada991f574c93bfcd5141037f0","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/122299482","isVote":1,"tweetType":1,"viewCount":374,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":122290451,"gmtCreate":1624621212773,"gmtModify":1703841906052,"author":{"id":"3570938778601887","authorId":"3570938778601887","name":"ENAHSHANE","avatar":"https://static.tigerbbs.com/4826b7f9114514b02002820348f8e822","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Next stop $750","listText":"Next stop $750","text":"Next stop $750","images":[{"img":"https://static.tigerbbs.com/0a0397c7dd026788eb6f5557ec32a829","width":"1125","height":"3567"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/122290451","isVote":1,"tweetType":1,"viewCount":307,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":126075384,"gmtCreate":1624540455748,"gmtModify":1703839760562,"author":{"id":"3570938778601887","authorId":"3570938778601887","name":"ENAHSHANE","avatar":"https://static.tigerbbs.com/4826b7f9114514b02002820348f8e822","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"HODLING ON. I HAVE FAITH &nbsp;IN THIS&nbsp;","listText":"HODLING ON. I HAVE FAITH &nbsp;IN THIS&nbsp;","text":"HODLING ON. I HAVE FAITH IN THIS","images":[{"img":"https://static.tigerbbs.com/29bda3a10e607bdca1430a907f85927d","width":"1125","height":"3657"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/126075384","isVote":1,"tweetType":1,"viewCount":211,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":168458072,"gmtCreate":1623981708596,"gmtModify":1703825433566,"author":{"id":"3570938778601887","authorId":"3570938778601887","name":"ENAHSHANE","avatar":"https://static.tigerbbs.com/4826b7f9114514b02002820348f8e822","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"One for the future.&nbsp;","listText":"One for the future.&nbsp;","text":"One for the future.","images":[{"img":"https://static.tigerbbs.com/76c5ee53c3a259fd491bb8bf0403198e","width":"1125","height":"3567"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/168458072","isVote":1,"tweetType":1,"viewCount":175,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":168453200,"gmtCreate":1623981657900,"gmtModify":1703825431407,"author":{"id":"3570938778601887","authorId":"3570938778601887","name":"ENAHSHANE","avatar":"https://static.tigerbbs.com/4826b7f9114514b02002820348f8e822","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CHPT\">$ChargePoint Holdings Inc.(CHPT)$</a>Lookinggood for the EV sector","listText":"<a href=\"https://laohu8.com/S/CHPT\">$ChargePoint Holdings Inc.(CHPT)$</a>Lookinggood for the EV sector","text":"$ChargePoint Holdings Inc.(CHPT)$Lookinggood for the EV sector","images":[{"img":"https://static.tigerbbs.com/7e3d1aa863e7fbd5496aec363f7aaa1d","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/168453200","isVote":1,"tweetType":1,"viewCount":358,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":169486010,"gmtCreate":1623847467030,"gmtModify":1703821233872,"author":{"id":"3570938778601887","authorId":"3570938778601887","name":"ENAHSHANE","avatar":"https://static.tigerbbs.com/4826b7f9114514b02002820348f8e822","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SOS\">$SOS Limited(SOS)$</a>Send this to the moon.&nbsp;","listText":"<a href=\"https://laohu8.com/S/SOS\">$SOS Limited(SOS)$</a>Send this to the moon.&nbsp;","text":"$SOS Limited(SOS)$Send this to the moon.","images":[{"img":"https://static.tigerbbs.com/f39266f7f987d7f7e675b0dcfd626596","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/169486010","isVote":1,"tweetType":1,"viewCount":529,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":169483766,"gmtCreate":1623847409855,"gmtModify":1703821230591,"author":{"id":"3570938778601887","authorId":"3570938778601887","name":"ENAHSHANE","avatar":"https://static.tigerbbs.com/4826b7f9114514b02002820348f8e822","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Looking good","listText":"Looking good","text":"Looking good","images":[{"img":"https://static.tigerbbs.com/bb75a019b85ed79063fed28da6fe5348","width":"1125","height":"3747"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/169483766","isVote":1,"tweetType":1,"viewCount":130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":185783663,"gmtCreate":1623673518252,"gmtModify":1704208297952,"author":{"id":"3570938778601887","authorId":"3570938778601887","name":"ENAHSHANE","avatar":"https://static.tigerbbs.com/4826b7f9114514b02002820348f8e822","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Let’s go","listText":"Let’s go","text":"Let’s go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/185783663","repostId":"2143778219","repostType":4,"repost":{"id":"2143778219","pubTimestamp":1623671623,"share":"https://www.laohu8.com/m/news/2143778219?lang=&edition=full","pubTime":"2021-06-14 19:53","market":"us","language":"en","title":"Elon Musk’s Tweet Revives Bitcoin Bulls","url":"https://stock-news.laohu8.com/highlight/detail?id=2143778219","media":"FX Empire","summary":"At the time of filing this report, Bitcoin traded near the $40,000 mark, posting gains of about 12% ","content":"<p>At the time of filing this report, Bitcoin traded near the $40,000 mark, posting gains of about 12% for the day.</p>\n<p>Present price actions reveal the most popular crypto asset had been hovering in a lower corridor between the $30,000 and $40,00 price levels since the second week of last month, suggest the asset was consolidating.</p>\n<p>Though recent macros reveal that investors are increasing their buying capacity on the crypto asset partly attributed on Elon Musk’s recent comment suggesting Tesla would resume buying and accepting Bitcoin once miners go 50% with renewable energy.</p>\n<p>These fundamentals boosted the faith among vintage bulls having a long-term mindset on the most popular Crypto amid recent calls for tough Crypto regulations.</p>\n<p>The tech Billionaire’s tweet also suggested that the world’s most valuable carmaker will resume allowing Bitcoin transactions, once those terms were met.</p>\n<p>Consequently, Elon Musk reiterated his earlier statements on Tesla having sold only 10% of its Bitcoin holdings, which seem to indicate Tesla’s hasn’t sold anymore, triggered more bullish sentiments around the Crypto asset, in the early hours of Monday.</p>\n<p>Such a surge on the price of the flagship Crypto pushed the market value of Bitcoin to about $740 billion or 45% of the total crypto market valuation.</p>\n<p>Though it’s important to note Bitcoin is still down by about 38% from its all-time high of $64,778 set on April 14.</p>\n<p>Additionally, market sentiments around Bitcoin seem to be rallying stronger on reports that President Hassan of Tanzania instructed its central bank on reforming their banking processes, singling out crypto assets as the future of finance, further gave Bitcoin bulls the much-needed momentum in aiming for the resistance level of $40,000.</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>Elon Musk’s Tweet Revives Bitcoin Bulls</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\">\nElon Musk’s Tweet Revives Bitcoin Bulls\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-14 19:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/elon-musk-tweet-revives-bitcoin-062543026.html><strong>FX Empire</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>At the time of filing this report, Bitcoin traded near the $40,000 mark, posting gains of about 12% for the day.\nPresent price actions reveal the most popular crypto asset had been hovering in a lower...</p>\n\n<a href=\"https://finance.yahoo.com/news/elon-musk-tweet-revives-bitcoin-062543026.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://finance.yahoo.com/news/elon-musk-tweet-revives-bitcoin-062543026.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2143778219","content_text":"At the time of filing this report, Bitcoin traded near the $40,000 mark, posting gains of about 12% for the day.\nPresent price actions reveal the most popular crypto asset had been hovering in a lower corridor between the $30,000 and $40,00 price levels since the second week of last month, suggest the asset was consolidating.\nThough recent macros reveal that investors are increasing their buying capacity on the crypto asset partly attributed on Elon Musk’s recent comment suggesting Tesla would resume buying and accepting Bitcoin once miners go 50% with renewable energy.\nThese fundamentals boosted the faith among vintage bulls having a long-term mindset on the most popular Crypto amid recent calls for tough Crypto regulations.\nThe tech Billionaire’s tweet also suggested that the world’s most valuable carmaker will resume allowing Bitcoin transactions, once those terms were met.\nConsequently, Elon Musk reiterated his earlier statements on Tesla having sold only 10% of its Bitcoin holdings, which seem to indicate Tesla’s hasn’t sold anymore, triggered more bullish sentiments around the Crypto asset, in the early hours of Monday.\nSuch a surge on the price of the flagship Crypto pushed the market value of Bitcoin to about $740 billion or 45% of the total crypto market valuation.\nThough it’s important to note Bitcoin is still down by about 38% from its all-time high of $64,778 set on April 14.\nAdditionally, market sentiments around Bitcoin seem to be rallying stronger on reports that President Hassan of Tanzania instructed its central bank on reforming their banking processes, singling out crypto assets as the future of finance, further gave Bitcoin bulls the much-needed momentum in aiming for the resistance level of $40,000.","news_type":1},"isVote":1,"tweetType":1,"viewCount":54,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185717472,"gmtCreate":1623673404596,"gmtModify":1704208294874,"author":{"id":"3570938778601887","authorId":"3570938778601887","name":"ENAHSHANE","avatar":"https://static.tigerbbs.com/4826b7f9114514b02002820348f8e822","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Go on and save the world&nbsp;","listText":"Go on and save the world&nbsp;","text":"Go on and save the world","images":[{"img":"https://static.tigerbbs.com/74bca685d559118b7f8c06d05d64bdf0","width":"1125","height":"3567"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/185717472","isVote":1,"tweetType":1,"viewCount":81,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":189028175,"gmtCreate":1623234510397,"gmtModify":1704198930167,"author":{"id":"3570938778601887","authorId":"3570938778601887","name":"ENAHSHANE","avatar":"https://static.tigerbbs.com/4826b7f9114514b02002820348f8e822","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/VOO\">$Vanguard S&amp;P 500 ETF(VOO)$</a>Still my favourite&nbsp;","listText":"<a href=\"https://laohu8.com/S/VOO\">$Vanguard S&amp;P 500 ETF(VOO)$</a>Still my favourite&nbsp;","text":"$Vanguard S&P 500 ETF(VOO)$Still my favourite","images":[{"img":"https://static.tigerbbs.com/f38917282a187b3625fa571d41407649","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/189028175","isVote":1,"tweetType":1,"viewCount":45,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":117454581,"gmtCreate":1623159088243,"gmtModify":1704197295002,"author":{"id":"3570938778601887","authorId":"3570938778601887","name":"ENAHSHANE","avatar":"https://static.tigerbbs.com/4826b7f9114514b02002820348f8e822","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>Looking good","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>Looking good","text":"$NIO Inc.(NIO)$Looking good","images":[{"img":"https://static.tigerbbs.com/3e6ac2db40a1c41bd6f23f68eab7aa61","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/117454581","isVote":1,"tweetType":1,"viewCount":96,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":117452339,"gmtCreate":1623158959921,"gmtModify":1704197291442,"author":{"id":"3570938778601887","authorId":"3570938778601887","name":"ENAHSHANE","avatar":"https://static.tigerbbs.com/4826b7f9114514b02002820348f8e822","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Let’s go!&nbsp;","listText":"Let’s go!&nbsp;","text":"Let’s go!","images":[{"img":"https://static.tigerbbs.com/579dcbdc0a9423438ea5b3a1370bba7d","width":"1125","height":"2677"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/117452339","isVote":1,"tweetType":1,"viewCount":137,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":114870781,"gmtCreate":1623069479343,"gmtModify":1704195372848,"author":{"id":"3570938778601887","authorId":"3570938778601887","name":"ENAHSHANE","avatar":"https://static.tigerbbs.com/4826b7f9114514b02002820348f8e822","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Looking at how AMC and GME got squeezed, I don’t see how SOS can’t follow in the same direction. Institutions have already added. They know what’s up","listText":"Looking at how AMC and GME got squeezed, I don’t see how SOS can’t follow in the same direction. Institutions have already added. They know what’s up","text":"Looking at how AMC and GME got squeezed, I don’t see how SOS can’t follow in the same direction. Institutions have already added. They know what’s up","images":[{"img":"https://static.tigerbbs.com/f5235fd5bbc0a870413d81a7b62d1fea","width":"1125","height":"2857"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/114870781","isVote":1,"tweetType":1,"viewCount":76,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":114847277,"gmtCreate":1623069360799,"gmtModify":1704195370879,"author":{"id":"3570938778601887","authorId":"3570938778601887","name":"ENAHSHANE","avatar":"https://static.tigerbbs.com/4826b7f9114514b02002820348f8e822","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/114847277","repostId":"1122556332","repostType":4,"isVote":1,"tweetType":1,"viewCount":123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":116869710,"gmtCreate":1622789028830,"gmtModify":1704191225235,"author":{"id":"3570938778601887","authorId":"3570938778601887","name":"ENAHSHANE","avatar":"https://static.tigerbbs.com/4826b7f9114514b02002820348f8e822","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>Mmmm still buying the dips&nbsp;","listText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>Mmmm still buying the dips&nbsp;","text":"$Tesla Motors(TSLA)$Mmmm still buying the dips","images":[{"img":"https://static.tigerbbs.com/c750369bf0e714aa1a6d1a3a903b466a","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/116869710","isVote":1,"tweetType":1,"viewCount":333,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":134095133,"gmtCreate":1622190543622,"gmtModify":1704181173309,"author":{"id":"3570938778601887","authorId":"3570938778601887","name":"ENAHSHANE","avatar":"https://static.tigerbbs.com/4826b7f9114514b02002820348f8e822","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SOS\">$SOS Limited(SOS)$</a>Loved the rally last night. How bout a few more&nbsp;","listText":"<a href=\"https://laohu8.com/S/SOS\">$SOS Limited(SOS)$</a>Loved the rally last night. How bout a few more&nbsp;","text":"$SOS Limited(SOS)$Loved the rally last night. How bout a few more","images":[{"img":"https://static.tigerbbs.com/78dc3c1823a82145efa7535b35e44a16","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/134095133","isVote":1,"tweetType":1,"viewCount":580,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":348749846,"gmtCreate":1617967566085,"gmtModify":1704705422639,"author":{"id":"3570938778601887","authorId":"3570938778601887","name":"ENAHSHANE","avatar":"https://static.tigerbbs.com/4826b7f9114514b02002820348f8e822","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Need likes for coins","listText":"Need likes for coins","text":"Need likes for coins","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/348749846","repostId":"1168300924","repostType":4,"repost":{"id":"1168300924","pubTimestamp":1617955250,"share":"https://www.laohu8.com/m/news/1168300924?lang=&edition=full","pubTime":"2021-04-09 16:00","market":"us","language":"en","title":"Next Week’s IPO Lineup Is Growing. It Could Be Busy.","url":"https://stock-news.laohu8.com/highlight/detail?id=1168300924","media":"barrons","summary":"The second week of April is shaping up to be a relatively strong time for the IPO market. As many as four more companies are making their stock-market debuts, bringing the total to at least six.Coinbase, the largest U.S. cryptocurrency exchange,is slated to open for trading on Wednesday, April 14. Applovin and TuSimple are listing the next day, three people familiar with the situation said. Agilon Health ismaking its debut that Thursday.And Alkami Technology,a bank software company, and Karat Pa","content":"<p>The second week of April is shaping up to be a relatively strong time for the IPO market. As many as four more companies are making their stock-market debuts, bringing the total to at least six.</p><p>Coinbase, the largest U.S. cryptocurrency exchange,is slated to open for trading on Wednesday, April 14. Applovin and TuSimple are listing the next day, three people familiar with the situation said. Agilon Health ismaking its debut that Thursday.</p><p>And Alkami Technology,a bank software company, and Karat Packaging, whichmakes environmentally-friendly disposable food service products, are also reportedly going public.</p><p>This week, by way of contrast, two companies, Reneo Pharmaceuticals and VectivBio Holding, are listing. Both are small biotech companies that areslated to begin trading on the Nasdaq on Friday.</p><p>Applovin on Wednesday set terms for its initial public offering. It is offering 25 million shares at $75 to $85 each, which means it could raise as much as $2.13 billion if the stock sells at the high end of that range. The company plans to trade on the Nasdaq under the symbol APP.</p><p>Eighteen underwriters are listed in the Applovin prospectus, includingMorgan Stanley(ticker: MS),JPMorgan Chase(JPM),KKR,&nbsp;Bank of America‘s (BAC) BofA Securities, andCitigroup(C).</p><p>Founded in 2012, Applovin&nbsp;provides software&nbsp;used by mobile-game developers to grow their businesses.&nbsp; Some 410 million people a day open apps that contain Applovin software, according to the company. Applovin also has a portfolio of more than 200 free-to-play mobile games with 32 million daily users.</p><p>In 2018, KKRbought a minority stakein Applovin for $400 million, valuing Applovin at $2 billion at the time. Applovin in February acquired Adjust, a firm that helps mobile-app developers measure the performance of apps and prevent fraud, for $1 billion. KKR will own 67.4% of the company after the IPO, theprospectus said.</p><p>With 357,955,309 shares outstanding, Applovin’s market capitalization could hit $30 billion.</p><p>TuSimple also set terms for its IPO. The self-driving technology company could raise as much as $1.3 billion; it is offering nearly 34 million shares at $35 to $39 each. It will trade on the Nasdaq under the ticker TSP.</p><p>Morgan Stanley(MS),Citigroup,and J.P. Morgan (JPM) are lead bookrunners on the deal.</p><p>Founded in 2015, TuSimple is looking to transform the $800 billion trucking industry. The San Diego company, which has plants in Tucson, Shanghai, and Beijing, in addition to operations in Japan, is developing an autonomous freight network for long-haul, semi-trucks that it says will increase efficiency and safety on the road, while cutting operating costs.</p><p>TuSimple develops software for the Level 4 self-driving, long-haul trucks, which can see up to 1,000 meters away, equivalent to 30 seconds of driving time. High-definition maps provide accuracy within five centimeters.</p><p>The company is partnering withNavistar(NAV) to develop trucks for the North American market by 2024,its prospectus said. TuSimple has another partnership withVolkswagensubsidiary TRATON for trucks in Europe. Navistar, TRATON, and United Parcel Service (UPS) are all investors.</p><p>TuSimple has raised $800 million in funding, including a $350 million round in November led by VectoIQ.BlackRock(BR), Fidelity Management &amp; Research Co and Capital Group are in talks to buy up to 10.1 million TuSimple shares at the IPO price, the prospectus said.</p><p>The company will have 212,263,328 shares outstanding, meaning TuSimple’s market cap could climb to $8.3 billion. TuSimple, however, is not profitable. Losses widened to $177.9 million in 2020 from $84.9 million in 2019. Revenue jumped nearly 160% to $1.8 million in 2020.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Next Week’s IPO Lineup Is Growing. It Could Be Busy.</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\">\nNext Week’s IPO Lineup Is Growing. It Could Be Busy.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-09 16:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/next-weeks-ipo-lineup-is-growing-it-could-be-busy-51617907448?mod=hp_LEAD_1_B_2><strong>barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The second week of April is shaping up to be a relatively strong time for the IPO market. As many as four more companies are making their stock-market debuts, bringing the total to at least six....</p>\n\n<a href=\"https://www.barrons.com/articles/next-weeks-ipo-lineup-is-growing-it-could-be-busy-51617907448?mod=hp_LEAD_1_B_2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","KRT":"Karat Packaging Inc.","ALKT":"Alkami Technology, Inc.","RPHM":"Reneo Pharmaceuticals, Inc.","APP":"AppLovin Corporation","VECT":"VectivBio Holding AG"},"source_url":"https://www.barrons.com/articles/next-weeks-ipo-lineup-is-growing-it-could-be-busy-51617907448?mod=hp_LEAD_1_B_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168300924","content_text":"The second week of April is shaping up to be a relatively strong time for the IPO market. As many as four more companies are making their stock-market debuts, bringing the total to at least six.Coinbase, the largest U.S. cryptocurrency exchange,is slated to open for trading on Wednesday, April 14. Applovin and TuSimple are listing the next day, three people familiar with the situation said. Agilon Health ismaking its debut that Thursday.And Alkami Technology,a bank software company, and Karat Packaging, whichmakes environmentally-friendly disposable food service products, are also reportedly going public.This week, by way of contrast, two companies, Reneo Pharmaceuticals and VectivBio Holding, are listing. Both are small biotech companies that areslated to begin trading on the Nasdaq on Friday.Applovin on Wednesday set terms for its initial public offering. It is offering 25 million shares at $75 to $85 each, which means it could raise as much as $2.13 billion if the stock sells at the high end of that range. The company plans to trade on the Nasdaq under the symbol APP.Eighteen underwriters are listed in the Applovin prospectus, includingMorgan Stanley(ticker: MS),JPMorgan Chase(JPM),KKR, Bank of America‘s (BAC) BofA Securities, andCitigroup(C).Founded in 2012, Applovin provides software used by mobile-game developers to grow their businesses.  Some 410 million people a day open apps that contain Applovin software, according to the company. Applovin also has a portfolio of more than 200 free-to-play mobile games with 32 million daily users.In 2018, KKRbought a minority stakein Applovin for $400 million, valuing Applovin at $2 billion at the time. Applovin in February acquired Adjust, a firm that helps mobile-app developers measure the performance of apps and prevent fraud, for $1 billion. KKR will own 67.4% of the company after the IPO, theprospectus said.With 357,955,309 shares outstanding, Applovin’s market capitalization could hit $30 billion.TuSimple also set terms for its IPO. The self-driving technology company could raise as much as $1.3 billion; it is offering nearly 34 million shares at $35 to $39 each. It will trade on the Nasdaq under the ticker TSP.Morgan Stanley(MS),Citigroup,and J.P. Morgan (JPM) are lead bookrunners on the deal.Founded in 2015, TuSimple is looking to transform the $800 billion trucking industry. The San Diego company, which has plants in Tucson, Shanghai, and Beijing, in addition to operations in Japan, is developing an autonomous freight network for long-haul, semi-trucks that it says will increase efficiency and safety on the road, while cutting operating costs.TuSimple develops software for the Level 4 self-driving, long-haul trucks, which can see up to 1,000 meters away, equivalent to 30 seconds of driving time. High-definition maps provide accuracy within five centimeters.The company is partnering withNavistar(NAV) to develop trucks for the North American market by 2024,its prospectus said. TuSimple has another partnership withVolkswagensubsidiary TRATON for trucks in Europe. Navistar, TRATON, and United Parcel Service (UPS) are all investors.TuSimple has raised $800 million in funding, including a $350 million round in November led by VectoIQ.BlackRock(BR), Fidelity Management & Research Co and Capital Group are in talks to buy up to 10.1 million TuSimple shares at the IPO price, the prospectus said.The company will have 212,263,328 shares outstanding, meaning TuSimple’s market cap could climb to $8.3 billion. TuSimple, however, is not profitable. Losses widened to $177.9 million in 2020 from $84.9 million in 2019. Revenue jumped nearly 160% to $1.8 million in 2020.","news_type":1},"isVote":1,"tweetType":1,"viewCount":44,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3558275010133966","authorId":"3558275010133966","name":"Chillman","avatar":"https://static.tigerbbs.com/26d692768260a0369516e9c9a49897ec","crmLevel":4,"crmLevelSwitch":1},"content":"Comment for coin","text":"Comment for coin","html":"Comment for coin"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362328743,"gmtCreate":1614599438782,"gmtModify":1704772872539,"author":{"id":"3570938778601887","authorId":"3570938778601887","name":"ENAHSHANE","avatar":"https://static.tigerbbs.com/4826b7f9114514b02002820348f8e822","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CHPT\">$ChargePoint Holdings Inc.(CHPT)$</a>New name new highs? ?","listText":"<a href=\"https://laohu8.com/S/CHPT\">$ChargePoint Holdings Inc.(CHPT)$</a>New name new highs? ?","text":"$ChargePoint Holdings Inc.(CHPT)$New name new highs? ?","images":[{"img":"https://static.tigerbbs.com/7261f96e0ec99053d688eaaec37cdf98","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":1,"link":"https://ttm.financial/post/362328743","isVote":1,"tweetType":1,"viewCount":501,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":132409327,"gmtCreate":1622103834069,"gmtModify":1704179525143,"author":{"id":"3570938778601887","authorId":"3570938778601887","name":"ENAHSHANE","avatar":"https://static.tigerbbs.com/4826b7f9114514b02002820348f8e822","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Can some one comment on this. Greatly appreciated","listText":"Can some one comment on this. Greatly appreciated","text":"Can some one comment on this. Greatly appreciated","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/132409327","repostId":"1138766875","repostType":4,"repost":{"id":"1138766875","pubTimestamp":1622102518,"share":"https://www.laohu8.com/m/news/1138766875?lang=&edition=full","pubTime":"2021-05-27 16:01","market":"us","language":"en","title":"Paytm Targets $3 Billion IPO in What Would Be India’s Largest Debut","url":"https://stock-news.laohu8.com/highlight/detail?id=1138766875","media":"Bloomberg","summary":"Paytm, India’s leading digital payments provider, is aiming toraise about 218 billion rupees ($3 bil","content":"<p>Paytm, India’s leading digital payments provider, is&nbsp;aiming toraise about 218 billion rupees ($3 billion) in an initial public offering late this year, according to a person familiar with the deal, in what could be the country’s largest debut ever.</p><p>The startup, backed by investors includingBerkshire Hathaway Inc.,SoftBank Group Corp.andAnt Group Co., plans to list in India around November and its offering could coincide with the Diwali festival season, said the person, asking not to be named because the details are private. Paytm, formally calledOne97 Communications Ltd., is targeting a valuation of around $25 billion to $30 billion.</p><p>The One97 board plans to meet this Friday to formally approve the IPO, said the person. Paytm declined to comment in response to emailed questions.</p><p>If successful, Paytm’s initial share sale would surpassCoal India Ltd.’s offering, which raised more than 150 billion rupees in 2010 in the country’s largest IPO so far.</p><p>Banks shortlisted to run the Paytm offering includeMorgan Stanley,Citigroup Inc.andJPMorgan Chase &amp; Co., with Morgan Stanley the leading contender, the person said. The process is expected to get rolling in late June or early July. The banks did not immediately respond to requests for comment.</p><p>The public market debut will include a mix of new and existing shares to meet regulatory obligations in India. The country’s regulations require that 10% of shares are floated within two years and 25% within five years.</p><p>Paytm, led by founder and Chief Executive Officer Vijay Shekhar Sharma, has been focusing on ramping up revenue and monetizing its services over the past year. It’s expanded beyond digital payments into banking, credit cards, financial services, wealth management and digital wallets. It also supports India’s financial payments backbone, the Unified Payments Interface or UPI.</p><p>Paytm has fended off stiff competition from a swath of global players includingWalmart Inc.-owned PhonePe, Google Pay,AmazonPay as well asFacebook Inc.-owned WhatsApp Pay. It has the biggest market share of India’s merchant payments.</p><p>Paytm has over 20 million merchant partners and its users make 1.4 billion monthly transactions, according to numbers ina recent company blog post.</p><p>In a recent conversation, CEO Sharma said Paytm had its best ever quarter in the first three months of this year after pandemic-related spending spurred digital payments.</p>","source":"lsy1584095487587","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>Paytm Targets $3 Billion IPO in What Would Be India’s Largest Debut</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\">\nPaytm Targets $3 Billion IPO in What Would Be India’s Largest Debut\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-27 16:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-05-27/paytm-is-said-to-target-3-billion-ipo-largest-ever-for-india><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Paytm, India’s leading digital payments provider, is aiming toraise about 218 billion rupees ($3 billion) in an initial public offering late this year, according to a person familiar with the deal, in...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-05-27/paytm-is-said-to-target-3-billion-ipo-largest-ever-for-india\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2021-05-27/paytm-is-said-to-target-3-billion-ipo-largest-ever-for-india","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138766875","content_text":"Paytm, India’s leading digital payments provider, is aiming toraise about 218 billion rupees ($3 billion) in an initial public offering late this year, according to a person familiar with the deal, in what could be the country’s largest debut ever.The startup, backed by investors includingBerkshire Hathaway Inc.,SoftBank Group Corp.andAnt Group Co., plans to list in India around November and its offering could coincide with the Diwali festival season, said the person, asking not to be named because the details are private. Paytm, formally calledOne97 Communications Ltd., is targeting a valuation of around $25 billion to $30 billion.The One97 board plans to meet this Friday to formally approve the IPO, said the person. Paytm declined to comment in response to emailed questions.If successful, Paytm’s initial share sale would surpassCoal India Ltd.’s offering, which raised more than 150 billion rupees in 2010 in the country’s largest IPO so far.Banks shortlisted to run the Paytm offering includeMorgan Stanley,Citigroup Inc.andJPMorgan Chase & Co., with Morgan Stanley the leading contender, the person said. The process is expected to get rolling in late June or early July. The banks did not immediately respond to requests for comment.The public market debut will include a mix of new and existing shares to meet regulatory obligations in India. The country’s regulations require that 10% of shares are floated within two years and 25% within five years.Paytm, led by founder and Chief Executive Officer Vijay Shekhar Sharma, has been focusing on ramping up revenue and monetizing its services over the past year. It’s expanded beyond digital payments into banking, credit cards, financial services, wealth management and digital wallets. It also supports India’s financial payments backbone, the Unified Payments Interface or UPI.Paytm has fended off stiff competition from a swath of global players includingWalmart Inc.-owned PhonePe, Google Pay,AmazonPay as well asFacebook Inc.-owned WhatsApp Pay. It has the biggest market share of India’s merchant payments.Paytm has over 20 million merchant partners and its users make 1.4 billion monthly transactions, according to numbers ina recent company blog post.In a recent conversation, CEO Sharma said Paytm had its best ever quarter in the first three months of this year after pandemic-related spending spurred digital payments.","news_type":1},"isVote":1,"tweetType":1,"viewCount":52,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":323020191,"gmtCreate":1615290796113,"gmtModify":1704780669802,"author":{"id":"3570938778601887","authorId":"3570938778601887","name":"ENAHSHANE","avatar":"https://static.tigerbbs.com/4826b7f9114514b02002820348f8e822","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"I need coins&nbsp;","listText":"I need coins&nbsp;","text":"I need coins","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/323020191","repostId":"1123435119","repostType":4,"repost":{"id":"1123435119","pubTimestamp":1615289149,"share":"https://www.laohu8.com/m/news/1123435119?lang=&edition=full","pubTime":"2021-03-09 19:25","market":"us","language":"en","title":"Spotify Is Rocking And Rolling","url":"https://stock-news.laohu8.com/highlight/detail?id=1123435119","media":"seekingalpha","summary":"Summary\n\nThe February 2021 Stream On event explains that Spotify’s future is exciting!\nLike Amazon, ","content":"<p>Summary</p>\n<ul>\n <li>The February 2021 Stream On event explains that Spotify’s future is exciting!</li>\n <li>Like Amazon, Spotify focuses on growth and FCF as opposed to reported accrual earnings.</li>\n <li>There are now over 60,000 tracks delivered to Spotify every day!</li>\n</ul>\n<p><b>Introduction</b></p>\n<p>My thesis is that Spotify (SPOT) is well-positioned to continue being the leader in audio as the world changes. Co-founder and CEO Daniel Ek is special. Following former CFO Barry McCarthy, current CFO Paul Vogel has big shoes to fill and I think he is up to the challenge.</p>\n<p>Spotify reports their financials in euros. At the time of this writing, $1 equals €0.84.</p>\n<p><b>Stream On</b></p>\n<p>It has been nearly 3 years since Spotify’s March 2018 Investor Day and it was nice to get some updates at Spotify’s February 2021 Stream Onevent.</p>\n<p>Global Co-Head of Music Jeremy Erlich noted that there are now over 60,000 tracks delivered to Spotify every day! The Spotify library contains over 70 million tracks, 4.5 billion playlists and more than 2 million podcasts per Chief R&amp;D Officer Gustav Söderström.</p>\n<p>Chief Content &amp; Advertising Business Officer Dawn Ostroff said there are now over 7,500 artists at Spotify generating more than $100,000 per year. She noted that in the U.S. consumers spend about the same amount of time listening to digital audio as they do watching digital video (over 9 hours per week). She added that digital audio advertising has lagged digital video advertising and that terrestrial and satellite radio are a $30 billion ad industry without the insights of modern advertising.</p>\n<p>Noting that advertisers are flying blind when podcast consumption is based on downloads, she revealed that Spotify’s shift to streaming unlocks missing data. Spotify’s Ad Insertion [SAI] has become one of their most in-demand ad tools as it lets advertisers reach the right audiences and understand the impact of their ads.</p>\n<p>CEO Ek said there were 3 million creators on Spotify 3 years ago and by the end of 2020 it was up to 8 million! He thinks there could be as many as 50 million creators by 2025! He emphasized that Spotify has a head start in audio of more than a decade and that this advantage gives them tremendous data, insights and experiences along with unrivaled size and scale. Spotify’s head start reminds me of what Bill Mesce Jr. said about HBO’s head start over Showtime in his<i>Inside the Rise of HBO</i>book:</p>\n<blockquote>\n It was a head start Showtime never overcame. By the late 1980s, HBO had a brand recognition level in the same league as Coca-Cola, meaning you had to have been living in a cave since 1972 not to know what HBO was. HBO had become so identified in the public mind with cable TV that many cable customers thought HBO and their cable company were the same thing!\n</blockquote>\n<blockquote>\n [Location: 1,307]\n</blockquote>\n<p>The early leader has more advantages than just brand recognition. At the March 2018Investor Daythen CFO Barry McCarthy noted that the older subscription companies have an edge over newer subscription companies because older companies have lower average churn rates such that they can beat newer companies like a drum.</p>\n<p>I believe these updates are very encouraging as they show that Spotify has tremendous momentum. The fact that 60,000 songs are updated daily vs. just 20,000 2 years ago shows that the music industry is changing and the old ways of doing things with the labels are fading quickly. The large number of artists and listeners is a powerful combination and no one wants to be left out of the Spotify ecosystem.</p>\n<p><b>Stream On Investor Discussion</b></p>\n<p>The slides during the investordiscussionat the end of Stream On were very helpful.</p>\n<p>CEO Ek says the mission guides everything they do at Spotify:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4303c60b8f5981ea05099664de42cf1c\" tg-width=\"640\" tg-height=\"381\"><span>Image Source: Spotify February 2021 Stream On Investor Discussion</span></p>\n<p>When thinking about the mission, CEO Ek says we should keep their 4 pillars in mind. They are Create, Grow, Engage and Monetize. He says to keep these pillars in mind when thinking about all the Stream On announcements:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d04f00cb996e32f33ff48ba72f2f505f\" tg-width=\"640\" tg-height=\"330\"><span>Image Source: Spotify February 2021 Stream On Investor Discussion</span></p>\n<p>There are 2 interlocking flywheels and Spotify is the facilitator in the middle. On the Creator side the Owned &amp; Exclusive [O&amp;E] podcast portfolio is becoming more important:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4ccd066e55490a8acdd51e0f0d4bfb71\" tg-width=\"640\" tg-height=\"378\"><span>Image Source: Spotify February 2021 Stream On Investor Discussion</span></p>\n<p>Spotify shows that they have come a long way since the 2008 launch now that they have 345 million monthly active users [MAUs], 155 million premium subscribers, annual revenue of €7.9 billion and a gross margin of 26%:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d0d78b9d290608d299e3230657b30488\" tg-width=\"500\" tg-height=\"510\"><span>Image Source: Spotify February 2021 Stream On Investor Discussion</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3ff9c728e95d3cb19da3cd33bbdf0baf\" tg-width=\"500\" tg-height=\"503\"><span>Image Source: Spotify February 2021 Stream On Investor Discussion</span></p>\n<p>Spotify is already the leader for music streaming and they want to be the podcast leader as well. It can be dangerous for investors when new companies have rosy projections for the total addressable market [TAM] but we see from the slide above that Spotify is not a new company; they have proven themselves with music streaming and they have credibility with other audio ambitions:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ef1307809b7284693e1fd2bcee0b23c4\" tg-width=\"640\" tg-height=\"535\"><span>Image Source: Spotify February 2021 Stream On Investor Discussion</span></p>\n<p>This data in the TAM slides is from a number of sources including a Goldman Sachs research report. Spotify is already at about 40% market share for music streaming. They want to take share in paid audio and podcasting such that they reach a level of 1/3rd to 40% of market share in those spaces. CEO Ek says the overall audio market will be vastly different in 2030:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6fb1ab14618249fd3cb9f76345ebd534\" tg-width=\"640\" tg-height=\"682\"><span>Image Source: Spotify February 2021 Stream On Investor Discussion</span></p>\n<p>CEO Ek makes the following observations about the slide above:</p>\n<p>1. Audio is a fast growing market.</p>\n<p>2. Radio is going from a gigantic business to a smaller part of the audio space.</p>\n<p>3. Music streaming, podcasting and paid audio benefit as terrestrial radio is unbundled.</p>\n<p>He goes on to note that by 2030 music streaming should triple from $25 billion in annual revenue to $75 billion. By 2030 paid audio and podcasting should combine to be about $55 billion in annual revenue. As such, Spotify will be vying for a share of $130 billion in annual revenue. They want to have 1/3rd to 40% share so that could be $44 billion to $52 billion in annual revenue from music streaming, paid audio and podcasting. It’s a bit confusing because the slides are in $ but Spotify reports in €. Either way, the opportunity is vast. Speaking of paid audio, the Sirius XM Holdings (SIRI) 202010-Kshows free cash flow of $1.7 billion on revenue of $8 billion for a margin of over 20%!</p>\n<p>Spotify CFO Vogel shows that they expect long term revenue growth to be 20%+. He then explains why they decided to increase the upper end of the long term gross margin range from 35% to 40%. In other words, the gross margin range shifted up from 30-35% in the Investor Day slides to 30-40% in the Stream On slides. The operating margin objective is 10%+ where R&amp;D should continue to see heavy investments but leverage should be obtained with sales/marketing and G&amp;A:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a217d0c4cac08a9a3feabd17aea83999\" tg-width=\"438\" tg-height=\"321\"><span>Image Source: Spotify February 2021 Stream On Investor Discussion</span></p>\n<p>CFO Vogel reiterated 2021 guidance with respect to the full year:</p>\n<p>Total MAUs: 407 - 427 million</p>\n<p>Total Premium Subs: 172 - 184 million</p>\n<p>Total Revenue: €9.01 - €9.41 billion*</p>\n<p>*Assumes about 370 bps headwind due to foreign exchange</p>\n<p>Gross Margin: 23.7 - 25.7%</p>\n<p>Operating Loss: €(300) - €(200) million</p>\n<p>Showing the last slide, CFO Vogel recapped some of the large Stream On announcements:</p>\n<p>New Markets Expansion</p>\n<p>HiFi</p>\n<p>New Owned &amp; Exclusive (“O&amp;E”) Content</p>\n<p>New Anchor Features</p>\n<p>Spotify Audience Network</p>\n<p>Ad Studio For Podcasting</p>\n<p>SAI Expansion</p>\n<p>Sponsored Recommendation Expansion</p>\n<p>Discovery Mode Early Results</p>\n<p>The first 4 announcements above impact both consumers and creators. The New Markets Expansion means the 85 new markets will bring the global total up to 170+. President Obama and Bruce Springsteen are highlighted with the new O&amp;E content. The New Anchor Features make it easier for WordPress bloggers to become podcasters. Aimed at creators, the last 5 announcements are the right types of tools that are needed as the world changes. Spotify Audience Network, Ad Studio For Podcasting and SAI Expansion are in the advertising category. Sponsored Recommendation Expansion and Discovery Mode Early Results are in the marketplace category.</p>\n<p>These slides left a meaningful impact on me as they show that Spotify is well positioned to be the dominant company in a growing audio world. The foundation is being laid down such that Spotify should have a substantial portion of the $130 billion TAM in 2030.</p>\n<p><b>Stream On Q&amp;A</b></p>\n<p>CEO Ek and CFO Vogel held a helpful Q&amp;A session following the Stream On investor discussion.</p>\n<p>CFO Vogel said they expect “significant growth” in marketplace contribution to gross profit in 2021 and we know this is accretive to gross margin. CEO Ek made encouraging statements with margins as well by saying the #1 question from artists is about things they can do to be heard while the #1 question from consumers is how they can discover more content. This double-sided coin allows Spotify to create more efficient ways for creators and consumers to meet. In forming these relationships Spotify gets compensated in a manner that is accretive to margins.</p>\n<p>Regarding the 2030 revenue opportunity, a question was asked about the potential mix between subscription and advertising. CEO Ek responded by saying advertising will increase from today’s level of 10% vs 90% subscription. Referencing the $130 billion TAM, CEO Ek stated that advertising can be between 20 and 40% of the revenue mix. He also mentioned the transactional or a la carte part.</p>\n<p>A question was asked about getting to 50 million creators. Mentioning the internationalization of audiences, CEO Ek remarked that 80% of Spotify creators have audiences outside of their home countries. He went on to talk about the New Anchor Features announcement which revealed that vloggers can now create podcasts with 1 click.</p>\n<p>Following this Q&amp;A, it’s clear to me that Spotify will have a unique role in the future of audio as there has never been a company in a position to have 50 million artists to go along with hundreds of millions of listeners.</p>\n<p><b>Streaming Is Crucial For The Music Industry</b></p>\n<p>I believe there has been some mendacity in the past with respect to just how much the labels depend on Spotify but that seems to be changing. The 202010-Kfor Warner Music Group (WMG) shows that streaming is more important than ever for the music industry:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7f5c127e386be593a686957c01755885\" tg-width=\"640\" tg-height=\"272\"><span>Image Source: Warner Music Group 10-K</span></p>\n<p>The Warner Music Group 10-K goes on to show the importance of their relationship with Spotify. The Digital/streaming segment is prodigious and it is still growing! It was 51% of overall revenue or $2.3 billion/$4.5 billion in 2019 and 58% or $2.6 billion/$4.5 billion in 2020.</p>\n<p>The Vivendi (OTCPK:VIVEF) Full Year 2020Resultsshow the importance of streaming for their Universal Music Group subsidiary:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2219ce9b68792547ed18b325902e035a\" tg-width=\"640\" tg-height=\"349\"><span>Image Source: Vivendi Full Year 2020 Results</span></p>\n<p>The Vivendi Full Year 2020 Results show streaming and subscriptions were 46% of Universal Music Group revenue or €3.3 billion/€7.2 billion in 2019 and 51% or €3.8 billion/€7.4 billion in 2020.</p>\n<p>I’ve seen that analysts have questioned Spotify’s position with the labels but the labels themselves all say that the streaming market is growing and Spotify is the clear leader in this area.</p>\n<p><b>Independent Artists</b></p>\n<p>The Big 3 labels and Merlin are becoming a little less dominant every year as independent artists rise. The SpotifyF-1filing shows that the Big 3 labels and Merlin accounted for about 87% of music streams back in 2017. The 20-F filings and a MIDiAwriteupshow how that has changed since then:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/de2e736757796fabcbd3880c10b056f4\" tg-width=\"640\" tg-height=\"360\"><span>Image Source: MIDiA</span></p>\n<p>The Big 3 labels and Merlin are dropping more noticeably as time goes on, losing 2 percentage points from 2017 to 2018, 3 points from 2018 to 2019 and 4 points from 2019 to 2020.</p>\n<p>GCAsays20,000 tracks were uploaded daily in 2018 and this went up to 40,000 daily in 2019. In the Stream On event Global Co-Head of Music Jeremy Erlich said it is now 60,000 daily! GCA shows that the number of independent artists on Spotify is growing rapidly:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/351cbccd1ea0c815c1ac626adc7c0699\" tg-width=\"600\" tg-height=\"820\"><span>Image Source: GCA 4Q20 Report</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e59977d4d1725c2e9b060afdd2f46e25\" tg-width=\"600\" tg-height=\"307\"><span>Image Source: GCA 4Q20 Report.</span></p>\n<p><i>I added red text to the GCA image above to note that Spotify now has 60K tracks updated daily and 22% of their streams are now from non-majors!</i></p>\n<p>It isn’t surprising that we see a higher percentage of independent artists each year as the idea of signing away lifetime royalties continues to be questioned more directly as time passes.</p>\n<p><b>User Growth</b></p>\n<p>Visual Capitalistshowsthat Spotify already has more than twice as many paid subs as either Apple Music (AAPL) or Amazon (AMZN):</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/58416f1db36b3fd8a8e3e2be84483587\" tg-width=\"640\" tg-height=\"930\"><span>Image Source: Visual Capitalist</span></p>\n<p>It isn’t just that Spotify has more paid subs than Apple and Amazon. Spotify users voraciously listen to streams and it is said that Spotify has more engagement per sub than Apple and Amazon.</p>\n<p>The Warner Music Group 10-K says that music streaming is still in the early stages of global adoption and penetration. Spotify was founded in Sweden and about 43% of the people there are paid music subs compared to 27% in the U.S., 18% in Germany and 8% in Japan. At the Stream On event Spotifyannouncedthat they are expanding to 80+ new markets:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e3b034aeab1451a814675bcc97a0c2a6\" tg-width=\"640\" tg-height=\"1445\"><span>Image Source: Spotify newsroom</span></p>\n<p>The Spotify user number that I follow closest on the 202020-Fis the premium subscriber count:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7ef9dc4c8e8f7cfc1191cb232b43d1c1\" tg-width=\"500\" tg-height=\"102\"><span>Image Source: 2020 20-F</span></p>\n<p>Their MAUs include both premium subs and ad-supported users. This overall number isn’t quite as important to me as premium subs at this time because the economics for ad-supported users aren’t great right now. I view the ad-supported service as a subsidy program that offsets the costs of new premium subs. MAUs grew from 207 million in 2018 to 271 million in 2019 and then they went up to 345 million in 2020.</p>\n<p>In the 2Q20callCEO Daniel Ek noted that they have a culture of experimentation, upping the number of A/B tests from a few hundred to thousands. He goes on to say that there is still a lot of pent-up demand for Spotify in markets around the world</p>\n<p>Apple’s aversion to advertising is a huge disadvantage in this space. I think Spotify will continue to have a large lead over Apple with respect to paid subs as Spotify can use the ad-based freemium model as a customer acquisition tool for the paid side. It isn’t a good sign for Apple that they stopped disclosing the number of paid subs.Statistashows that we needn’t worry much about competition from Apple Music in places like Brazil and India where iOS share is minimal:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2b21e19d936e3c7ddd5070ef2260bf0c\" tg-width=\"400\" tg-height=\"399\"><span>Image Source: Statista</span></p>\n<p>Amazon Music is disadvantaged in Latin America where MercadoLibre is the dominant online marketplace. Both Amazon and Apple have priorities other than audio whereas Spotify is focused in this area.</p>\n<p><b>Long Term Goal Of Revenue Growth 20%+</b></p>\n<p>Spotify revenue climbed about 29% from $5.26 billion in 2018 to $6.76 billion in 2019. It then went up over 16% in 2020 to $7.88 billion. The Y/Y growth rates for the 2018 to 2019 period and the 2019 to 2020 period are much closer when we view them through a lens that removes the foreign currency effect. In that case Y/Y growth from 2019 to 2020 slowed to 20% after being 26% from 2018 to 2019 per the 4Q20 shareholderletterand the 4Q19 shareholderletter, respectively. A red box has been added below to the Reconciliation of IFRS to Non-IFRS Results table below from the 4Q20 shareholder letter in order to emphasize the adjusted growth rate of 20%:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ef11b79ac7a694673caef8da4e19bc6d\" tg-width=\"640\" tg-height=\"307\"><span>Image Source: 4Q20 shareholder letter</span></p>\n<p>The 3Q20 letter and the 4Q20 letter say the depreciation of the USD vs. the euro was the primary driver behind the foreign currency effect.Trading Economicsshows the way the euro increased against the USD in 2020:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/796592a599eeacb95a672653df4a6452\" tg-width=\"500\" tg-height=\"337\"><span>Image Source: Trading Economics</span></p>\n<p>Other factors explaining the lower revenue growth are the lower growth of premium subs, lower monthly average revenue per user [ARPU] due to things like family plans and lower monthly ARPU in some geographies. Monthly premium ARPU fell from €4.81 in 2018 to €4.72 in 2019 to €4.31 in 2020 but this is part of the market share strategy and they didn’t want to raise prices during the Covid-19 pandemic.</p>\n<p>Management explained during the Stream On event that they expect long term revenue growth to be 20%+ but their 2021 guidance appears to be below this percentage in part due to foreign exchange headwinds . I think they can get back to the 20%+ growth level starting with the 2021 to 2022 period.</p>\n<p><b>Long-Term Goal Of Gross Margin 30-40%</b></p>\n<p>Management put up a slide during the March 2018 Investor Day presentation saying they would eventually like to get to gross margins of 30-35%. Then CFO Barry McCarthy said explained the thought process:</p>\n<blockquote>\n Now if the investments we make in R&amp;D and content improve the overall user experience, and if, as a result of building our two-sided marketplace, we come to own discovery and demand creation for users and artists, then we expect the long-term margin structure of the business to evolve along the lines summarized on this slide.\n</blockquote>\n<p>In the 2Q20callCEO Daniel Ek answered a question about promoted songs saying that promotion/marketing has overtaken distribution as the most expensive cost for labels:</p>\n<blockquote>\n So if labels instead reinvest some of the portion of the marketing spend that they use to promote market artists on this platform natively, the result should be a lot better. You should see better results for consumers because they're getting more of what they actually like. You should see better results for artists and labels as well because they're able to grow their fans a lot better at more efficiently priced -- prices than, say, other advertising marketplaces or billboards that they've traditionally spent them on. And of course, for Spotify, it means a higher gross margin business as well.\n</blockquote>\n<p>This sounds a lot to me like Amazon telling their third-party merchants that they could improve marketplace results by advertising. And what we’ve seen with respect to advertising revenue at Amazon has been mind boggling. A footnote on their 202010-Ksays the “Other” segment that went from $10.1 billion in 2018 to $21.5 billion in 2020 is primarily advertising.</p>\n<p>The 2020 20-F reminds us that Spotify is in the discovery business and this is good for the gross margin:</p>\n<blockquote>\n Spotify is more than an audio streaming service. We are in the discovery business. Every day, fans from around the world trust our brand to guide them to music and entertainment that they would never have discovered on their own. If discovery drives delight, and delight drives engagement, and engagement drives discovery, we believe Spotify wins and so do our users.\n</blockquote>\n<p>The 4Q20 Warner Music Group earningscalltalked about one of the many ways in which Spotify can increase the gross margins. Jessica Ehrlich of BofA Merrill Lynch asked about Spotify’s marketing tools:</p>\n<blockquote>\n Spotify is testing a new discovery mode, which allows artists and labels to influence the songs selected by its algorithm by receiving a lower royalty payout. How does this feature affect your marketing strategy? And how do you think about the importance of marketing within that ecosystem or in DSPs in general versus marketing or promoting music through other channels?\n</blockquote>\n<p>Warner CEO Stephen Cooper answered by saying they experiment with marketing tools regularly. I believe there are many ways that Spotify can provide value in this area over the years and it’s hard to envision a future where this doesn’t work well for all parties involved.</p>\n<p>Ben Swinburne asked about Spotify raising the high end of their gross margin guidance to 40% at the March 2021 Morgan Stanley Technology, Media and TelecomConference. CFO Paul Vogel responded:</p>\n<blockquote>\n I mean for us, it's just the optionality of all the new initiatives and all the investments that we see over the next 3 to 5 years. And so if you think about the opportunity in podcast, and when you think about the opportunities in ad network, right? A couple of years ago, there really wasn't as much of a thought around us being and creating an advertising network. And now we think that's, obviously, something we're developing and building. And we think if it goes really well, there could be upside there to margins in initiatives like that. And there's obviously other things we're working on that we didn't even announce at Stream On in terms of products or innovations.\n</blockquote>\n<p>We haven’t even seen all the ways in which the gross margin will rise as the audio space continues to evolve.</p>\n<p><b>Long-Term Goal Of Operating Margin 10+%</b></p>\n<p>I don’t expect them to get to this level anytime soon given what then CFO Barry McCarthy said at the March 2018 Investor Day:</p>\n<blockquote>\n Growth, of course, has pressured our operating margins. And you should expect us to continue to invest in growth at the expense of operating profit, because we believe growth increases our enterprise value.\n</blockquote>\n<blockquote>\n Now in some respects, this reminds me of my first 10 years at Netflix, when we transitioned from operating with a negative gross margin to operating with a 35% gross margin as the business scaled. And the point here is that scale can be a great enabler of margin expansion, particularly if you couple it with data insights to drive a better user interface, add a better content experience, and in the process come to own demand creation and the margin that comes with owning demand creation.\n</blockquote>\n<p>In the 4Q20 earningscalla question from Steven Cahall pointed out that the implied 2021 incremental operating margin is about 3%. His question was about meaningful margin expansion in the future. CFO Vogel answered by saying R&amp;D will continue to see heavy investment such that there won’t be much leveraging there. He went on to say that sales and marketing along with G&amp;A could see some leverage:</p>\n<blockquote>\n And then when you look at sort of sales and marketing, I think there are areas over time that we could be more efficient there, potentially on the marketing side we'll see them and also on the sales side as we add more automation into the ecosystem and more self-serve products and those types of things.\n</blockquote>\n<blockquote>\n And in the G&amp;A side as well. I mean it's a heavy lift first to go and be prepared to be a public company. And then as you continue to launch more and more markets, what you need to do from an infrastructure standpoint, obviously, there's some build-out there. But you can imagine over time, once we're in more markets where we want to be and where it is sufficient scale, you'll start to see leverage on the G&amp;A side as well.\n</blockquote>\n<p>CEO Ek chimed in during the 4Q20 call as well noting that it is expensive to go after billions of consumers around the world in the audio category. They also have to invest in tools for millions of creators and this hurts the operating margin:</p>\n<blockquote>\n And these are multiyear investments. Plus, of course, adding to the fact that we're producing our own content. We're pursuing exclusives. We're going into categories. We're going into new markets. Those are all the things that you're seeing in the P&amp;L coming through that we are doing.\n</blockquote>\n<p>CEO Ek went on to say that at a mature state, the business will look very different than the growth stage that they’re investing behind now.</p>\n<p>I try not to anchor on the current economics and I believe they can eventually get to 12 to 15% operating margins well into the future after the audio space has changed dramatically.</p>\n<p><b>Valuation</b></p>\n<p>The midpoint of 2021 revenue guidance is 9.2 billion euros as there are foreign exchange headwinds. Management is aiming for 20%+ revenue growth in the long run. Starting with a base of 9.2 billion euros in 2021, if they can grow revenue at 20% then revenue should be close to 20 billion euros by 2025.</p>\n<p>If Spotify can have a steady-state operating margin of 12 to 15% by that time then operating earnings should be about 2.4 to 3 billion euros and if the company is valued at 25x that amount then we’re talking about a value of around 60 to 75 euros. Right now 1 euro equals $1.21 and if the exchange rate is similar in 2025 then this range will be equivalent to $73 to $91 billion. It’s hard to say what that is worth today but if it is around $55 billion then the 5 year CAGR range could be 6 to 11%.</p>\n<p>The enterprise value is fairly close to the market cap. The 2020 20-F shows 190,212,847 shares and the March 5th share price was $274.98 implying a market cap of $52.3 billion. I think the stock is reasonably priced as the $52.3 billion market cap is less than the $55 billion mentioned above.</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>Spotify Is Rocking And Rolling</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\">\nSpotify Is Rocking And Rolling\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-09 19:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4412401-spotify-is-rocking-and-rolling><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nThe February 2021 Stream On event explains that Spotify’s future is exciting!\nLike Amazon, Spotify focuses on growth and FCF as opposed to reported accrual earnings.\nThere are now over 60,000...</p>\n\n<a href=\"https://seekingalpha.com/article/4412401-spotify-is-rocking-and-rolling\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPOT":"Spotify Technology S.A."},"source_url":"https://seekingalpha.com/article/4412401-spotify-is-rocking-and-rolling","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1123435119","content_text":"Summary\n\nThe February 2021 Stream On event explains that Spotify’s future is exciting!\nLike Amazon, Spotify focuses on growth and FCF as opposed to reported accrual earnings.\nThere are now over 60,000 tracks delivered to Spotify every day!\n\nIntroduction\nMy thesis is that Spotify (SPOT) is well-positioned to continue being the leader in audio as the world changes. Co-founder and CEO Daniel Ek is special. Following former CFO Barry McCarthy, current CFO Paul Vogel has big shoes to fill and I think he is up to the challenge.\nSpotify reports their financials in euros. At the time of this writing, $1 equals €0.84.\nStream On\nIt has been nearly 3 years since Spotify’s March 2018 Investor Day and it was nice to get some updates at Spotify’s February 2021 Stream Onevent.\nGlobal Co-Head of Music Jeremy Erlich noted that there are now over 60,000 tracks delivered to Spotify every day! The Spotify library contains over 70 million tracks, 4.5 billion playlists and more than 2 million podcasts per Chief R&D Officer Gustav Söderström.\nChief Content & Advertising Business Officer Dawn Ostroff said there are now over 7,500 artists at Spotify generating more than $100,000 per year. She noted that in the U.S. consumers spend about the same amount of time listening to digital audio as they do watching digital video (over 9 hours per week). She added that digital audio advertising has lagged digital video advertising and that terrestrial and satellite radio are a $30 billion ad industry without the insights of modern advertising.\nNoting that advertisers are flying blind when podcast consumption is based on downloads, she revealed that Spotify’s shift to streaming unlocks missing data. Spotify’s Ad Insertion [SAI] has become one of their most in-demand ad tools as it lets advertisers reach the right audiences and understand the impact of their ads.\nCEO Ek said there were 3 million creators on Spotify 3 years ago and by the end of 2020 it was up to 8 million! He thinks there could be as many as 50 million creators by 2025! He emphasized that Spotify has a head start in audio of more than a decade and that this advantage gives them tremendous data, insights and experiences along with unrivaled size and scale. Spotify’s head start reminds me of what Bill Mesce Jr. said about HBO’s head start over Showtime in hisInside the Rise of HBObook:\n\n It was a head start Showtime never overcame. By the late 1980s, HBO had a brand recognition level in the same league as Coca-Cola, meaning you had to have been living in a cave since 1972 not to know what HBO was. HBO had become so identified in the public mind with cable TV that many cable customers thought HBO and their cable company were the same thing!\n\n\n [Location: 1,307]\n\nThe early leader has more advantages than just brand recognition. At the March 2018Investor Daythen CFO Barry McCarthy noted that the older subscription companies have an edge over newer subscription companies because older companies have lower average churn rates such that they can beat newer companies like a drum.\nI believe these updates are very encouraging as they show that Spotify has tremendous momentum. The fact that 60,000 songs are updated daily vs. just 20,000 2 years ago shows that the music industry is changing and the old ways of doing things with the labels are fading quickly. The large number of artists and listeners is a powerful combination and no one wants to be left out of the Spotify ecosystem.\nStream On Investor Discussion\nThe slides during the investordiscussionat the end of Stream On were very helpful.\nCEO Ek says the mission guides everything they do at Spotify:\nImage Source: Spotify February 2021 Stream On Investor Discussion\nWhen thinking about the mission, CEO Ek says we should keep their 4 pillars in mind. They are Create, Grow, Engage and Monetize. He says to keep these pillars in mind when thinking about all the Stream On announcements:\nImage Source: Spotify February 2021 Stream On Investor Discussion\nThere are 2 interlocking flywheels and Spotify is the facilitator in the middle. On the Creator side the Owned & Exclusive [O&E] podcast portfolio is becoming more important:\nImage Source: Spotify February 2021 Stream On Investor Discussion\nSpotify shows that they have come a long way since the 2008 launch now that they have 345 million monthly active users [MAUs], 155 million premium subscribers, annual revenue of €7.9 billion and a gross margin of 26%:\nImage Source: Spotify February 2021 Stream On Investor Discussion\nImage Source: Spotify February 2021 Stream On Investor Discussion\nSpotify is already the leader for music streaming and they want to be the podcast leader as well. It can be dangerous for investors when new companies have rosy projections for the total addressable market [TAM] but we see from the slide above that Spotify is not a new company; they have proven themselves with music streaming and they have credibility with other audio ambitions:\nImage Source: Spotify February 2021 Stream On Investor Discussion\nThis data in the TAM slides is from a number of sources including a Goldman Sachs research report. Spotify is already at about 40% market share for music streaming. They want to take share in paid audio and podcasting such that they reach a level of 1/3rd to 40% of market share in those spaces. CEO Ek says the overall audio market will be vastly different in 2030:\nImage Source: Spotify February 2021 Stream On Investor Discussion\nCEO Ek makes the following observations about the slide above:\n1. Audio is a fast growing market.\n2. Radio is going from a gigantic business to a smaller part of the audio space.\n3. Music streaming, podcasting and paid audio benefit as terrestrial radio is unbundled.\nHe goes on to note that by 2030 music streaming should triple from $25 billion in annual revenue to $75 billion. By 2030 paid audio and podcasting should combine to be about $55 billion in annual revenue. As such, Spotify will be vying for a share of $130 billion in annual revenue. They want to have 1/3rd to 40% share so that could be $44 billion to $52 billion in annual revenue from music streaming, paid audio and podcasting. It’s a bit confusing because the slides are in $ but Spotify reports in €. Either way, the opportunity is vast. Speaking of paid audio, the Sirius XM Holdings (SIRI) 202010-Kshows free cash flow of $1.7 billion on revenue of $8 billion for a margin of over 20%!\nSpotify CFO Vogel shows that they expect long term revenue growth to be 20%+. He then explains why they decided to increase the upper end of the long term gross margin range from 35% to 40%. In other words, the gross margin range shifted up from 30-35% in the Investor Day slides to 30-40% in the Stream On slides. The operating margin objective is 10%+ where R&D should continue to see heavy investments but leverage should be obtained with sales/marketing and G&A:\nImage Source: Spotify February 2021 Stream On Investor Discussion\nCFO Vogel reiterated 2021 guidance with respect to the full year:\nTotal MAUs: 407 - 427 million\nTotal Premium Subs: 172 - 184 million\nTotal Revenue: €9.01 - €9.41 billion*\n*Assumes about 370 bps headwind due to foreign exchange\nGross Margin: 23.7 - 25.7%\nOperating Loss: €(300) - €(200) million\nShowing the last slide, CFO Vogel recapped some of the large Stream On announcements:\nNew Markets Expansion\nHiFi\nNew Owned & Exclusive (“O&E”) Content\nNew Anchor Features\nSpotify Audience Network\nAd Studio For Podcasting\nSAI Expansion\nSponsored Recommendation Expansion\nDiscovery Mode Early Results\nThe first 4 announcements above impact both consumers and creators. The New Markets Expansion means the 85 new markets will bring the global total up to 170+. President Obama and Bruce Springsteen are highlighted with the new O&E content. The New Anchor Features make it easier for WordPress bloggers to become podcasters. Aimed at creators, the last 5 announcements are the right types of tools that are needed as the world changes. Spotify Audience Network, Ad Studio For Podcasting and SAI Expansion are in the advertising category. Sponsored Recommendation Expansion and Discovery Mode Early Results are in the marketplace category.\nThese slides left a meaningful impact on me as they show that Spotify is well positioned to be the dominant company in a growing audio world. The foundation is being laid down such that Spotify should have a substantial portion of the $130 billion TAM in 2030.\nStream On Q&A\nCEO Ek and CFO Vogel held a helpful Q&A session following the Stream On investor discussion.\nCFO Vogel said they expect “significant growth” in marketplace contribution to gross profit in 2021 and we know this is accretive to gross margin. CEO Ek made encouraging statements with margins as well by saying the #1 question from artists is about things they can do to be heard while the #1 question from consumers is how they can discover more content. This double-sided coin allows Spotify to create more efficient ways for creators and consumers to meet. In forming these relationships Spotify gets compensated in a manner that is accretive to margins.\nRegarding the 2030 revenue opportunity, a question was asked about the potential mix between subscription and advertising. CEO Ek responded by saying advertising will increase from today’s level of 10% vs 90% subscription. Referencing the $130 billion TAM, CEO Ek stated that advertising can be between 20 and 40% of the revenue mix. He also mentioned the transactional or a la carte part.\nA question was asked about getting to 50 million creators. Mentioning the internationalization of audiences, CEO Ek remarked that 80% of Spotify creators have audiences outside of their home countries. He went on to talk about the New Anchor Features announcement which revealed that vloggers can now create podcasts with 1 click.\nFollowing this Q&A, it’s clear to me that Spotify will have a unique role in the future of audio as there has never been a company in a position to have 50 million artists to go along with hundreds of millions of listeners.\nStreaming Is Crucial For The Music Industry\nI believe there has been some mendacity in the past with respect to just how much the labels depend on Spotify but that seems to be changing. The 202010-Kfor Warner Music Group (WMG) shows that streaming is more important than ever for the music industry:\nImage Source: Warner Music Group 10-K\nThe Warner Music Group 10-K goes on to show the importance of their relationship with Spotify. The Digital/streaming segment is prodigious and it is still growing! It was 51% of overall revenue or $2.3 billion/$4.5 billion in 2019 and 58% or $2.6 billion/$4.5 billion in 2020.\nThe Vivendi (OTCPK:VIVEF) Full Year 2020Resultsshow the importance of streaming for their Universal Music Group subsidiary:\nImage Source: Vivendi Full Year 2020 Results\nThe Vivendi Full Year 2020 Results show streaming and subscriptions were 46% of Universal Music Group revenue or €3.3 billion/€7.2 billion in 2019 and 51% or €3.8 billion/€7.4 billion in 2020.\nI’ve seen that analysts have questioned Spotify’s position with the labels but the labels themselves all say that the streaming market is growing and Spotify is the clear leader in this area.\nIndependent Artists\nThe Big 3 labels and Merlin are becoming a little less dominant every year as independent artists rise. The SpotifyF-1filing shows that the Big 3 labels and Merlin accounted for about 87% of music streams back in 2017. The 20-F filings and a MIDiAwriteupshow how that has changed since then:\nImage Source: MIDiA\nThe Big 3 labels and Merlin are dropping more noticeably as time goes on, losing 2 percentage points from 2017 to 2018, 3 points from 2018 to 2019 and 4 points from 2019 to 2020.\nGCAsays20,000 tracks were uploaded daily in 2018 and this went up to 40,000 daily in 2019. In the Stream On event Global Co-Head of Music Jeremy Erlich said it is now 60,000 daily! GCA shows that the number of independent artists on Spotify is growing rapidly:\nImage Source: GCA 4Q20 Report\nImage Source: GCA 4Q20 Report.\nI added red text to the GCA image above to note that Spotify now has 60K tracks updated daily and 22% of their streams are now from non-majors!\nIt isn’t surprising that we see a higher percentage of independent artists each year as the idea of signing away lifetime royalties continues to be questioned more directly as time passes.\nUser Growth\nVisual Capitalistshowsthat Spotify already has more than twice as many paid subs as either Apple Music (AAPL) or Amazon (AMZN):\nImage Source: Visual Capitalist\nIt isn’t just that Spotify has more paid subs than Apple and Amazon. Spotify users voraciously listen to streams and it is said that Spotify has more engagement per sub than Apple and Amazon.\nThe Warner Music Group 10-K says that music streaming is still in the early stages of global adoption and penetration. Spotify was founded in Sweden and about 43% of the people there are paid music subs compared to 27% in the U.S., 18% in Germany and 8% in Japan. At the Stream On event Spotifyannouncedthat they are expanding to 80+ new markets:\nImage Source: Spotify newsroom\nThe Spotify user number that I follow closest on the 202020-Fis the premium subscriber count:\nImage Source: 2020 20-F\nTheir MAUs include both premium subs and ad-supported users. This overall number isn’t quite as important to me as premium subs at this time because the economics for ad-supported users aren’t great right now. I view the ad-supported service as a subsidy program that offsets the costs of new premium subs. MAUs grew from 207 million in 2018 to 271 million in 2019 and then they went up to 345 million in 2020.\nIn the 2Q20callCEO Daniel Ek noted that they have a culture of experimentation, upping the number of A/B tests from a few hundred to thousands. He goes on to say that there is still a lot of pent-up demand for Spotify in markets around the world\nApple’s aversion to advertising is a huge disadvantage in this space. I think Spotify will continue to have a large lead over Apple with respect to paid subs as Spotify can use the ad-based freemium model as a customer acquisition tool for the paid side. It isn’t a good sign for Apple that they stopped disclosing the number of paid subs.Statistashows that we needn’t worry much about competition from Apple Music in places like Brazil and India where iOS share is minimal:\nImage Source: Statista\nAmazon Music is disadvantaged in Latin America where MercadoLibre is the dominant online marketplace. Both Amazon and Apple have priorities other than audio whereas Spotify is focused in this area.\nLong Term Goal Of Revenue Growth 20%+\nSpotify revenue climbed about 29% from $5.26 billion in 2018 to $6.76 billion in 2019. It then went up over 16% in 2020 to $7.88 billion. The Y/Y growth rates for the 2018 to 2019 period and the 2019 to 2020 period are much closer when we view them through a lens that removes the foreign currency effect. In that case Y/Y growth from 2019 to 2020 slowed to 20% after being 26% from 2018 to 2019 per the 4Q20 shareholderletterand the 4Q19 shareholderletter, respectively. A red box has been added below to the Reconciliation of IFRS to Non-IFRS Results table below from the 4Q20 shareholder letter in order to emphasize the adjusted growth rate of 20%:\nImage Source: 4Q20 shareholder letter\nThe 3Q20 letter and the 4Q20 letter say the depreciation of the USD vs. the euro was the primary driver behind the foreign currency effect.Trading Economicsshows the way the euro increased against the USD in 2020:\nImage Source: Trading Economics\nOther factors explaining the lower revenue growth are the lower growth of premium subs, lower monthly average revenue per user [ARPU] due to things like family plans and lower monthly ARPU in some geographies. Monthly premium ARPU fell from €4.81 in 2018 to €4.72 in 2019 to €4.31 in 2020 but this is part of the market share strategy and they didn’t want to raise prices during the Covid-19 pandemic.\nManagement explained during the Stream On event that they expect long term revenue growth to be 20%+ but their 2021 guidance appears to be below this percentage in part due to foreign exchange headwinds . I think they can get back to the 20%+ growth level starting with the 2021 to 2022 period.\nLong-Term Goal Of Gross Margin 30-40%\nManagement put up a slide during the March 2018 Investor Day presentation saying they would eventually like to get to gross margins of 30-35%. Then CFO Barry McCarthy said explained the thought process:\n\n Now if the investments we make in R&D and content improve the overall user experience, and if, as a result of building our two-sided marketplace, we come to own discovery and demand creation for users and artists, then we expect the long-term margin structure of the business to evolve along the lines summarized on this slide.\n\nIn the 2Q20callCEO Daniel Ek answered a question about promoted songs saying that promotion/marketing has overtaken distribution as the most expensive cost for labels:\n\n So if labels instead reinvest some of the portion of the marketing spend that they use to promote market artists on this platform natively, the result should be a lot better. You should see better results for consumers because they're getting more of what they actually like. You should see better results for artists and labels as well because they're able to grow their fans a lot better at more efficiently priced -- prices than, say, other advertising marketplaces or billboards that they've traditionally spent them on. And of course, for Spotify, it means a higher gross margin business as well.\n\nThis sounds a lot to me like Amazon telling their third-party merchants that they could improve marketplace results by advertising. And what we’ve seen with respect to advertising revenue at Amazon has been mind boggling. A footnote on their 202010-Ksays the “Other” segment that went from $10.1 billion in 2018 to $21.5 billion in 2020 is primarily advertising.\nThe 2020 20-F reminds us that Spotify is in the discovery business and this is good for the gross margin:\n\n Spotify is more than an audio streaming service. We are in the discovery business. Every day, fans from around the world trust our brand to guide them to music and entertainment that they would never have discovered on their own. If discovery drives delight, and delight drives engagement, and engagement drives discovery, we believe Spotify wins and so do our users.\n\nThe 4Q20 Warner Music Group earningscalltalked about one of the many ways in which Spotify can increase the gross margins. Jessica Ehrlich of BofA Merrill Lynch asked about Spotify’s marketing tools:\n\n Spotify is testing a new discovery mode, which allows artists and labels to influence the songs selected by its algorithm by receiving a lower royalty payout. How does this feature affect your marketing strategy? And how do you think about the importance of marketing within that ecosystem or in DSPs in general versus marketing or promoting music through other channels?\n\nWarner CEO Stephen Cooper answered by saying they experiment with marketing tools regularly. I believe there are many ways that Spotify can provide value in this area over the years and it’s hard to envision a future where this doesn’t work well for all parties involved.\nBen Swinburne asked about Spotify raising the high end of their gross margin guidance to 40% at the March 2021 Morgan Stanley Technology, Media and TelecomConference. CFO Paul Vogel responded:\n\n I mean for us, it's just the optionality of all the new initiatives and all the investments that we see over the next 3 to 5 years. And so if you think about the opportunity in podcast, and when you think about the opportunities in ad network, right? A couple of years ago, there really wasn't as much of a thought around us being and creating an advertising network. And now we think that's, obviously, something we're developing and building. And we think if it goes really well, there could be upside there to margins in initiatives like that. And there's obviously other things we're working on that we didn't even announce at Stream On in terms of products or innovations.\n\nWe haven’t even seen all the ways in which the gross margin will rise as the audio space continues to evolve.\nLong-Term Goal Of Operating Margin 10+%\nI don’t expect them to get to this level anytime soon given what then CFO Barry McCarthy said at the March 2018 Investor Day:\n\n Growth, of course, has pressured our operating margins. And you should expect us to continue to invest in growth at the expense of operating profit, because we believe growth increases our enterprise value.\n\n\n Now in some respects, this reminds me of my first 10 years at Netflix, when we transitioned from operating with a negative gross margin to operating with a 35% gross margin as the business scaled. And the point here is that scale can be a great enabler of margin expansion, particularly if you couple it with data insights to drive a better user interface, add a better content experience, and in the process come to own demand creation and the margin that comes with owning demand creation.\n\nIn the 4Q20 earningscalla question from Steven Cahall pointed out that the implied 2021 incremental operating margin is about 3%. His question was about meaningful margin expansion in the future. CFO Vogel answered by saying R&D will continue to see heavy investment such that there won’t be much leveraging there. He went on to say that sales and marketing along with G&A could see some leverage:\n\n And then when you look at sort of sales and marketing, I think there are areas over time that we could be more efficient there, potentially on the marketing side we'll see them and also on the sales side as we add more automation into the ecosystem and more self-serve products and those types of things.\n\n\n And in the G&A side as well. I mean it's a heavy lift first to go and be prepared to be a public company. And then as you continue to launch more and more markets, what you need to do from an infrastructure standpoint, obviously, there's some build-out there. But you can imagine over time, once we're in more markets where we want to be and where it is sufficient scale, you'll start to see leverage on the G&A side as well.\n\nCEO Ek chimed in during the 4Q20 call as well noting that it is expensive to go after billions of consumers around the world in the audio category. They also have to invest in tools for millions of creators and this hurts the operating margin:\n\n And these are multiyear investments. Plus, of course, adding to the fact that we're producing our own content. We're pursuing exclusives. We're going into categories. We're going into new markets. Those are all the things that you're seeing in the P&L coming through that we are doing.\n\nCEO Ek went on to say that at a mature state, the business will look very different than the growth stage that they’re investing behind now.\nI try not to anchor on the current economics and I believe they can eventually get to 12 to 15% operating margins well into the future after the audio space has changed dramatically.\nValuation\nThe midpoint of 2021 revenue guidance is 9.2 billion euros as there are foreign exchange headwinds. Management is aiming for 20%+ revenue growth in the long run. Starting with a base of 9.2 billion euros in 2021, if they can grow revenue at 20% then revenue should be close to 20 billion euros by 2025.\nIf Spotify can have a steady-state operating margin of 12 to 15% by that time then operating earnings should be about 2.4 to 3 billion euros and if the company is valued at 25x that amount then we’re talking about a value of around 60 to 75 euros. Right now 1 euro equals $1.21 and if the exchange rate is similar in 2025 then this range will be equivalent to $73 to $91 billion. It’s hard to say what that is worth today but if it is around $55 billion then the 5 year CAGR range could be 6 to 11%.\nThe enterprise value is fairly close to the market cap. The 2020 20-F shows 190,212,847 shares and the March 5th share price was $274.98 implying a market cap of $52.3 billion. I think the stock is reasonably priced as the $52.3 billion market cap is less than the $55 billion mentioned above.","news_type":1},"isVote":1,"tweetType":1,"viewCount":103,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3572958192819602","authorId":"3572958192819602","name":"anyhowtrade","avatar":"https://static.tigerbbs.com/b08140969f37c1bef357fee9b862347c","crmLevel":5,"crmLevelSwitch":1},"content":"quick qn, what are you using the coins for?","text":"quick qn, what are you using the coins for?","html":"quick qn, what are you using the coins for?"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169486010,"gmtCreate":1623847467030,"gmtModify":1703821233872,"author":{"id":"3570938778601887","authorId":"3570938778601887","name":"ENAHSHANE","avatar":"https://static.tigerbbs.com/4826b7f9114514b02002820348f8e822","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SOS\">$SOS Limited(SOS)$</a>Send this to the moon.&nbsp;","listText":"<a href=\"https://laohu8.com/S/SOS\">$SOS Limited(SOS)$</a>Send this to the moon.&nbsp;","text":"$SOS Limited(SOS)$Send this to the moon.","images":[{"img":"https://static.tigerbbs.com/f39266f7f987d7f7e675b0dcfd626596","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/169486010","isVote":1,"tweetType":1,"viewCount":529,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":116869710,"gmtCreate":1622789028830,"gmtModify":1704191225235,"author":{"id":"3570938778601887","authorId":"3570938778601887","name":"ENAHSHANE","avatar":"https://static.tigerbbs.com/4826b7f9114514b02002820348f8e822","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>Mmmm still buying the dips&nbsp;","listText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>Mmmm still buying the dips&nbsp;","text":"$Tesla Motors(TSLA)$Mmmm still buying the dips","images":[{"img":"https://static.tigerbbs.com/c750369bf0e714aa1a6d1a3a903b466a","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/116869710","isVote":1,"tweetType":1,"viewCount":333,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":191974959,"gmtCreate":1620839045571,"gmtModify":1704349218541,"author":{"id":"3570938778601887","authorId":"3570938778601887","name":"ENAHSHANE","avatar":"https://static.tigerbbs.com/4826b7f9114514b02002820348f8e822","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Grateful if someone replied to this!","listText":"Grateful if someone replied to this!","text":"Grateful if someone replied to this!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/191974959","repostId":"1186510575","repostType":4,"repost":{"id":"1186510575","pubTimestamp":1620834242,"share":"https://www.laohu8.com/m/news/1186510575?lang=&edition=full","pubTime":"2021-05-12 23:44","market":"us","language":"en","title":"Bill Ackman Unveils 6% Stake In Dominos, Says He Won't Invest In Bitcoin","url":"https://stock-news.laohu8.com/highlight/detail?id=1186510575","media":"zerohedge","summary":"Shares of Domino's Pizza surged nearly 4% Wednesday morning after celebrity investor Bill Ackman announced that his investment firm, Pershing Square Capital, had purchased a 6% stake in the pizza-delivery pioneer.Speaking at the \"Future of Everything\" conference organized by WSJ, Ackman added that he has long been an admirer of the firm and has eyed buying its stock, but that he only just recently found what he believed to be a compelling entry point to invest. Pershing sold some of its stake in","content":"<p>Shares of Domino's Pizza surged nearly 4% Wednesday morning after celebrity investor Bill Ackman announced that his investment firm, Pershing Square Capital, had purchased a 6% stake in the pizza-delivery pioneer.</p>\n<p><img src=\"https://static.tigerbbs.com/63594f1f7c8dd7f4857fc989fa947180\" tg-width=\"1074\" tg-height=\"633\"></p>\n<p>Speaking at the \"Future of Everything\" conference organized by WSJ, Ackman added that he has long been an admirer of the firm and has eyed buying its stock, but that he only just recently found what he believed to be a compelling entry point to invest. Pershing sold some of its stake in Starbucks - which, along with Pershings bets on Chipotle, marked one of Ackman's biggest turnaround successes - to finance its investment in Dominos.</p>\n<p>Pershing started building its position in Dominoes at $330/share.</p>\n<p><img src=\"https://static.tigerbbs.com/b895ad36f893b0976b1cfac9c18d101a\" tg-width=\"500\" tg-height=\"333\"></p>\n<p>As CNBC's Kate Rogers pointed out, Dominos rival Papa Johns also saw some news on the activist front Wednesday.</p>\n<p><img src=\"https://static.tigerbbs.com/f32345dd4b763e29d83b9e01f1574ebe\" tg-width=\"526\" tg-height=\"358\"></p>\n<p>Ackman also revealed that he has been working on a single potential acquisition deal for the Pershing Square Tontine - Ackman's SPAC -&nbsp; since November of last year. \"We're deeply engaged\" with an \"iconic, phenomenal great business,\" Ackman said. But it's an \"extremely complex\" deal, and \"I'm either going to get a transaction done\" in the short term or move on to the next target.</p>\n<p>Whatever happens, \"It was worth devoting six months,\" Ackman added, though he wouldn't name the building.</p>\n<p>Asked about bitcoin, Ackman bucked the trend of hedge fund icons buying into the crypto craze by responding that bitcoin isn't a place he would invest. His rejection of crypto comes on the heels of his industry archrival Dan Loeb's embrace of crypto via his firm,Third Point, which now holds cryptocurrency from five of its funds.</p>","source":"lsy1583725640930","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>Bill Ackman Unveils 6% Stake In Dominos, Says He Won't Invest In Bitcoin</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; 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\">\nBill Ackman Unveils 6% Stake In Dominos, Says He Won't Invest In Bitcoin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-12 23:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/dominos-jumps-bill-ackman-unveils-6-stake-offers-update-spac-deal-hunt><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of Domino's Pizza surged nearly 4% Wednesday morning after celebrity investor Bill Ackman announced that his investment firm, Pershing Square Capital, had purchased a 6% stake in the pizza-...</p>\n\n<a href=\"https://www.zerohedge.com/markets/dominos-jumps-bill-ackman-unveils-6-stake-offers-update-spac-deal-hunt\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.zerohedge.com/markets/dominos-jumps-bill-ackman-unveils-6-stake-offers-update-spac-deal-hunt","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186510575","content_text":"Shares of Domino's Pizza surged nearly 4% Wednesday morning after celebrity investor Bill Ackman announced that his investment firm, Pershing Square Capital, had purchased a 6% stake in the pizza-delivery pioneer.\n\nSpeaking at the \"Future of Everything\" conference organized by WSJ, Ackman added that he has long been an admirer of the firm and has eyed buying its stock, but that he only just recently found what he believed to be a compelling entry point to invest. Pershing sold some of its stake in Starbucks - which, along with Pershings bets on Chipotle, marked one of Ackman's biggest turnaround successes - to finance its investment in Dominos.\nPershing started building its position in Dominoes at $330/share.\n\nAs CNBC's Kate Rogers pointed out, Dominos rival Papa Johns also saw some news on the activist front Wednesday.\n\nAckman also revealed that he has been working on a single potential acquisition deal for the Pershing Square Tontine - Ackman's SPAC -  since November of last year. \"We're deeply engaged\" with an \"iconic, phenomenal great business,\" Ackman said. But it's an \"extremely complex\" deal, and \"I'm either going to get a transaction done\" in the short term or move on to the next target.\nWhatever happens, \"It was worth devoting six months,\" Ackman added, though he wouldn't name the building.\nAsked about bitcoin, Ackman bucked the trend of hedge fund icons buying into the crypto craze by responding that bitcoin isn't a place he would invest. His rejection of crypto comes on the heels of his industry archrival Dan Loeb's embrace of crypto via his firm,Third Point, which now holds cryptocurrency from five of its funds.","news_type":1},"isVote":1,"tweetType":1,"viewCount":182,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374617579,"gmtCreate":1619444249891,"gmtModify":1704723963128,"author":{"id":"3570938778601887","authorId":"3570938778601887","name":"ENAHSHANE","avatar":"https://static.tigerbbs.com/4826b7f9114514b02002820348f8e822","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>Total is the day. Ahead of earnings&nbsp;","listText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>Total is the day. Ahead of earnings&nbsp;","text":"$Tesla Motors(TSLA)$Total is the day. Ahead of earnings","images":[{"img":"https://static.tigerbbs.com/4bcd962387f3027c004ba0cfdbc63d12","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/374617579","isVote":1,"tweetType":1,"viewCount":23,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":350889454,"gmtCreate":1616178278778,"gmtModify":1704791959492,"author":{"id":"3570938778601887","authorId":"3570938778601887","name":"ENAHSHANE","avatar":"https://static.tigerbbs.com/4826b7f9114514b02002820348f8e822","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>KEEP BUYING THE DIPS","listText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>KEEP BUYING THE DIPS","text":"$Tesla Motors(TSLA)$KEEP BUYING THE DIPS","images":[{"img":"https://static.tigerbbs.com/2702e4576843e9cff37da8ca84e7e1d3","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":1,"link":"https://ttm.financial/post/350889454","isVote":1,"tweetType":1,"viewCount":701,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":323064784,"gmtCreate":1615290732648,"gmtModify":1704780667863,"author":{"id":"3570938778601887","authorId":"3570938778601887","name":"ENAHSHANE","avatar":"https://static.tigerbbs.com/4826b7f9114514b02002820348f8e822","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SOS\">$SOS Limited(SOS)$</a>Are we still sending this to the moon","listText":"<a href=\"https://laohu8.com/S/SOS\">$SOS Limited(SOS)$</a>Are we still sending this to the moon","text":"$SOS Limited(SOS)$Are we still sending this to the moon","images":[{"img":"https://static.tigerbbs.com/832ec10b4002395e261ee77f463ea3d7","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/323064784","isVote":1,"tweetType":1,"viewCount":7,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3563509039674222","authorId":"3563509039674222","name":"恭喜发财9_9","avatar":"https://static.tigerbbs.com/473d37a37ebf8e06694b3c5a97e01ff5","crmLevel":1,"crmLevelSwitch":0},"content":"I can't send it up","text":"I can't send it up","html":"I can't send it up"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":134095133,"gmtCreate":1622190543622,"gmtModify":1704181173309,"author":{"id":"3570938778601887","authorId":"3570938778601887","name":"ENAHSHANE","avatar":"https://static.tigerbbs.com/4826b7f9114514b02002820348f8e822","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SOS\">$SOS Limited(SOS)$</a>Loved the rally last night. How bout a few more&nbsp;","listText":"<a href=\"https://laohu8.com/S/SOS\">$SOS Limited(SOS)$</a>Loved the rally last night. How bout a few more&nbsp;","text":"$SOS Limited(SOS)$Loved the rally last night. How bout a few more","images":[{"img":"https://static.tigerbbs.com/78dc3c1823a82145efa7535b35e44a16","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/134095133","isVote":1,"tweetType":1,"viewCount":580,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":136571121,"gmtCreate":1622032630763,"gmtModify":1704178164315,"author":{"id":"3570938778601887","authorId":"3570938778601887","name":"ENAHSHANE","avatar":"https://static.tigerbbs.com/4826b7f9114514b02002820348f8e822","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like this please thank you guys","listText":"Like this please thank you guys","text":"Like this please thank you guys","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/136571121","repostId":"1120785755","repostType":2,"repost":{"id":"1120785755","pubTimestamp":1621993793,"share":"https://www.laohu8.com/m/news/1120785755?lang=&edition=full","pubTime":"2021-05-26 09:49","market":"us","language":"en","title":"ZipRecruiter Given $18 a Share Reference Price by NYSE","url":"https://stock-news.laohu8.com/highlight/detail?id=1120785755","media":"Bloomberg","summary":"Job search, recruiting company set for trading debut Wednesday\nYear’s 4th direct listing after Squar","content":"<ul>\n <li>Job search, recruiting company set for trading debut Wednesday</li>\n <li>Year’s 4th direct listing after Squarespace, Coinbase, Roblox</li>\n</ul>\n<p>ZipRecruiter Inc.was assigned a reference price of $18 a share for what will be the fourth major direct listing of the year on a U.S. exchange.</p>\n<p>The job search and recruiting company’s shares are set to begin trading Wednesday without the company raising any capital. The reference price issued Tuesday by the New York Stock Exchange is intended merely as a guide for investors and to allow trading to begin.</p>\n<p>If the company does trade near its reference price, it would have a fully diluted valuation of about $2.4 billion based on the shares listed in astatement. The company’s Class B shares were trading privately during the first quarter at $9 apiece, according to the filings with the U.S. Securities and Exchange Commission.</p>\n<p>ZipRecruiter’s listing follows those by website-hosting serviceSquarespace Inc., which become the first company to close below the reference price in its debut last week. Cryptocurrency exchangeCoinbase Global Inc.and online game makerRoblox Corp.also went public through direct listings.Palantir Technologies Inc.andAsana Inc.did so last year, following an alternative route to public markets established bySpotify Technology SAin 2018 andSlack Technologies Inc.the following year.</p>\n<p>Like its predecessors, ZipRecruiter won’t issue new shares at a set price. Instead, current investors can simply begin selling shares based on demand when trading opens, without waiting for a lockup period to expire.</p>\n<p>The Santa Monica, California-based company became profitable in 2020, even as its revenue declined slightly, according to itsfilings. Since its founding in 2010, more than 2.8 million businesses and 110 million job seekers have used ZipRecruiter, the company said.</p>\n<p>ZipRecruiter wasvaluedin a 2018 funding round at $1.5 billion. Last year, it had net income of $86 million on revenue of $418 million, compared with a net loss of $6.3 million on revenue of $430 million in 2019, according to its filing.</p>\n<p>Chief Executive Officer Ian Siegel and other executives, along with investors such asInstitutional Venture Partnersand Wellington will continue to control the company through Class B shares, which carry 20 votes each compared to one each for the Class A shares to be sold to the public.</p>\n<p>While banks don’t underwrite offerings as they do in IPOs, they do advise the company on the process. ZipRecruiter’s advisers includeGoldman Sachs Group Inc.andJPMorgan Chase &amp; Co., according to the filing.</p>\n<p>ZipRecruiter’s shares will trade on NYSE under the symbol ZIP.</p>","source":"lsy1584095487587","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>ZipRecruiter Given $18 a Share Reference Price by NYSE</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\">\nZipRecruiter Given $18 a Share Reference Price by NYSE\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 09:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-05-25/ziprecruiter-given-18-a-share-reference-price-in-direct-listing?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Job search, recruiting company set for trading debut Wednesday\nYear’s 4th direct listing after Squarespace, Coinbase, Roblox\n\nZipRecruiter Inc.was assigned a reference price of $18 a share for what ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-05-25/ziprecruiter-given-18-a-share-reference-price-in-direct-listing?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ZIP":"ZipRecruiter Inc."},"source_url":"https://www.bloomberg.com/news/articles/2021-05-25/ziprecruiter-given-18-a-share-reference-price-in-direct-listing?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120785755","content_text":"Job search, recruiting company set for trading debut Wednesday\nYear’s 4th direct listing after Squarespace, Coinbase, Roblox\n\nZipRecruiter Inc.was assigned a reference price of $18 a share for what will be the fourth major direct listing of the year on a U.S. exchange.\nThe job search and recruiting company’s shares are set to begin trading Wednesday without the company raising any capital. The reference price issued Tuesday by the New York Stock Exchange is intended merely as a guide for investors and to allow trading to begin.\nIf the company does trade near its reference price, it would have a fully diluted valuation of about $2.4 billion based on the shares listed in astatement. The company’s Class B shares were trading privately during the first quarter at $9 apiece, according to the filings with the U.S. Securities and Exchange Commission.\nZipRecruiter’s listing follows those by website-hosting serviceSquarespace Inc., which become the first company to close below the reference price in its debut last week. Cryptocurrency exchangeCoinbase Global Inc.and online game makerRoblox Corp.also went public through direct listings.Palantir Technologies Inc.andAsana Inc.did so last year, following an alternative route to public markets established bySpotify Technology SAin 2018 andSlack Technologies Inc.the following year.\nLike its predecessors, ZipRecruiter won’t issue new shares at a set price. Instead, current investors can simply begin selling shares based on demand when trading opens, without waiting for a lockup period to expire.\nThe Santa Monica, California-based company became profitable in 2020, even as its revenue declined slightly, according to itsfilings. Since its founding in 2010, more than 2.8 million businesses and 110 million job seekers have used ZipRecruiter, the company said.\nZipRecruiter wasvaluedin a 2018 funding round at $1.5 billion. Last year, it had net income of $86 million on revenue of $418 million, compared with a net loss of $6.3 million on revenue of $430 million in 2019, according to its filing.\nChief Executive Officer Ian Siegel and other executives, along with investors such asInstitutional Venture Partnersand Wellington will continue to control the company through Class B shares, which carry 20 votes each compared to one each for the Class A shares to be sold to the public.\nWhile banks don’t underwrite offerings as they do in IPOs, they do advise the company on the process. ZipRecruiter’s advisers includeGoldman Sachs Group Inc.andJPMorgan Chase & Co., according to the filing.\nZipRecruiter’s shares will trade on NYSE under the symbol ZIP.","news_type":1},"isVote":1,"tweetType":1,"viewCount":23,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138646048,"gmtCreate":1621937884684,"gmtModify":1704364754750,"author":{"id":"3570938778601887","authorId":"3570938778601887","name":"ENAHSHANE","avatar":"https://static.tigerbbs.com/4826b7f9114514b02002820348f8e822","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Can I get one like please","listText":"Can I get one like please","text":"Can I get one like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/138646048","repostId":"2138776169","repostType":4,"repost":{"id":"2138776169","pubTimestamp":1621935660,"share":"https://www.laohu8.com/m/news/2138776169?lang=&edition=full","pubTime":"2021-05-25 17:41","market":"hk","language":"en","title":"China approves Goldman Sachs, ICBC joint wealth management venture","url":"https://stock-news.laohu8.com/highlight/detail?id=2138776169","media":"StreetInsider","summary":"BEIJING (Reuters) -China's largest bank Industrial and Commercial Bank of China (ICBC) said on Tuesd","content":"<p>BEIJING (Reuters) -China's largest bank Industrial and Commercial Bank of China (ICBC) said on Tuesday its unit had received approval to set up a foreign-controlled wealth management firm with Goldman Sachs Asset Management.</p><p>The unit of U.S. banking giant Goldman Sachs Group Inc will offer a 51% funding contribution ratio, while the wealth management unit of ICBC will offer 49%, the Chinese bank said in a exchange filing.</p>","source":"highlight_streetinsider","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>China approves Goldman Sachs, ICBC joint wealth management venture</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\">\nChina approves Goldman Sachs, ICBC joint wealth management venture\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-25 17:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18468116><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BEIJING (Reuters) -China's largest bank Industrial and Commercial Bank of China (ICBC) said on Tuesday its unit had received approval to set up a foreign-controlled wealth management firm with Goldman...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18468116\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GS":"高盛","03143":"华夏香港银行股","01398":"工商银行"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18468116","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138776169","content_text":"BEIJING (Reuters) -China's largest bank Industrial and Commercial Bank of China (ICBC) said on Tuesday its unit had received approval to set up a foreign-controlled wealth management firm with Goldman Sachs Asset Management.The unit of U.S. banking giant Goldman Sachs Group Inc will offer a 51% funding contribution ratio, while the wealth management unit of ICBC will offer 49%, the Chinese bank said in a exchange filing.","news_type":1},"isVote":1,"tweetType":1,"viewCount":90,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":131629092,"gmtCreate":1621856858016,"gmtModify":1704363354063,"author":{"id":"3570938778601887","authorId":"3570938778601887","name":"ENAHSHANE","avatar":"https://static.tigerbbs.com/4826b7f9114514b02002820348f8e822","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/131629092","repostId":"1146017349","repostType":4,"repost":{"id":"1146017349","pubTimestamp":1621843320,"share":"https://www.laohu8.com/m/news/1146017349?lang=&edition=full","pubTime":"2021-05-24 16:02","market":"us","language":"en","title":"ZipRecruiter Is Going Public This Month. What to Know.","url":"https://stock-news.laohu8.com/highlight/detail?id=1146017349","media":"Barrons","summary":"ZipRecruiter, the latest company to file for a direct listing, has set a date for its offering.The o","content":"<p>ZipRecruiter, the latest company to file for a direct listing, has set a date for its offering.</p><p>The online employment marketplace said it would make its debut on the New York Stock Exchange “on or about May 26, 2021,” a prospectus said. It will trade under the symbol ZIP.</p><p>ZipRecruiter itself is not selling shares with the offering and will not receive proceeds from the direct listing. Instead, its shareholders will offer up to 86,598,896 shares of Class A common stock for resale, according to the document.</p><p>ZipRecruiter will be the third company this year to use a direct listing to go public:Coinbase(ticker: COIN), a cryptocurrency exchange, used the method&nbsp;to list its shares in April on the Nasdaq, after the gaming platform&nbsp;Roblox(RBLX) did so for its March&nbsp;debut on the NYSE. (Squarespace, a website design company,has also filed to go public&nbsp;via a direct listing on the NYSE, but has yet to set a trading date.)</p><p>Companies mainly use direct listings because they’re cheaper than traditional IPOs and allow shareholders to sell their stock to the public without intermediaries. In a traditional IPO, a company sells shares and uses an investment bank or banks to underwrite the deals. But in a direct listing, a bank or banks typically work as financial advisors for the company going public.</p><p>ZipRecruiter has lined up six investment banks—Goldman Sachs(GS),JPMorgan Chase(JPM), Barclays Capital,Evercore Group(EVR), William Blair and Raymond James—to advise on the upcoming offering. However, only Goldman and&nbsp;JPMorgan Chase&nbsp;will consult with a&nbsp;designated market maker to set ZipRecruiter’s opening price.</p><p>Direct listings typically do not include lockups, which prevent shareholders from selling for a certain period of time. ZipRecruiter stockholders, similarly, will be able to selltheir shares as soon as the company lists later this month.</p><p>In a traditional IPO, a company will have a roadshow where the management team&nbsp;makes presentations to institutional investors&nbsp;to create interest in the stock. Direct listings have replaced the roadshow with the investor day, when investors typically learn about a company going public via a webcast meeting. ZipRecruiter is&nbsp;hosting its investor day&nbsp;on May 10.</p><p>Founded in 2010, ZipRecruiter is an employment marketplace for people looking for work and businesses seeking employees. More than 2.8 million businesses have used ZipRecruiter to find an employee while&nbsp;110 million jobseekers have sought employment on the site, the filing said. The company became profitable in 2020, reporting $86 million in income from $6.3 million in losses in 2019. Revenue droppednearly 3% to $418 million in 2020, the prospectus said.</p><p>ZipRecruiter has raised $219 million in funding, according to&nbsp;Crunchbase. This includes&nbsp;a $156 million round in 2018&nbsp;co-led by Wellington Management Company and Institutional Venture Partners, or IVP. IVP owns the biggest chunk of ZipRecruiter’s voting power—21.1%.</p><p>Several shareholders have registered their class A common stock, which they may or may not sell via the direct listing, the prospectus said. IVP has registered about 22.7 million Class A shares, while Wellington is offering roughly 1.9 million shares. ZipRecruiter CEO Ian Siegel has put up 10.5 million Class A shares.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ZipRecruiter Is Going Public This Month. What to Know.</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\">\nZipRecruiter Is Going Public This Month. What to Know.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-24 16:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/ziprecruiter-direct-listing-what-to-know-51619903652?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ZipRecruiter, the latest company to file for a direct listing, has set a date for its offering.The online employment marketplace said it would make its debut on the New York Stock Exchange “on or ...</p>\n\n<a href=\"https://www.barrons.com/articles/ziprecruiter-direct-listing-what-to-know-51619903652?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ZIP":"ZipRecruiter Inc."},"source_url":"https://www.barrons.com/articles/ziprecruiter-direct-listing-what-to-know-51619903652?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146017349","content_text":"ZipRecruiter, the latest company to file for a direct listing, has set a date for its offering.The online employment marketplace said it would make its debut on the New York Stock Exchange “on or about May 26, 2021,” a prospectus said. It will trade under the symbol ZIP.ZipRecruiter itself is not selling shares with the offering and will not receive proceeds from the direct listing. Instead, its shareholders will offer up to 86,598,896 shares of Class A common stock for resale, according to the document.ZipRecruiter will be the third company this year to use a direct listing to go public:Coinbase(ticker: COIN), a cryptocurrency exchange, used the method to list its shares in April on the Nasdaq, after the gaming platform Roblox(RBLX) did so for its March debut on the NYSE. (Squarespace, a website design company,has also filed to go public via a direct listing on the NYSE, but has yet to set a trading date.)Companies mainly use direct listings because they’re cheaper than traditional IPOs and allow shareholders to sell their stock to the public without intermediaries. In a traditional IPO, a company sells shares and uses an investment bank or banks to underwrite the deals. But in a direct listing, a bank or banks typically work as financial advisors for the company going public.ZipRecruiter has lined up six investment banks—Goldman Sachs(GS),JPMorgan Chase(JPM), Barclays Capital,Evercore Group(EVR), William Blair and Raymond James—to advise on the upcoming offering. However, only Goldman and JPMorgan Chase will consult with a designated market maker to set ZipRecruiter’s opening price.Direct listings typically do not include lockups, which prevent shareholders from selling for a certain period of time. ZipRecruiter stockholders, similarly, will be able to selltheir shares as soon as the company lists later this month.In a traditional IPO, a company will have a roadshow where the management team makes presentations to institutional investors to create interest in the stock. Direct listings have replaced the roadshow with the investor day, when investors typically learn about a company going public via a webcast meeting. ZipRecruiter is hosting its investor day on May 10.Founded in 2010, ZipRecruiter is an employment marketplace for people looking for work and businesses seeking employees. More than 2.8 million businesses have used ZipRecruiter to find an employee while 110 million jobseekers have sought employment on the site, the filing said. The company became profitable in 2020, reporting $86 million in income from $6.3 million in losses in 2019. Revenue droppednearly 3% to $418 million in 2020, the prospectus said.ZipRecruiter has raised $219 million in funding, according to Crunchbase. This includes a $156 million round in 2018 co-led by Wellington Management Company and Institutional Venture Partners, or IVP. IVP owns the biggest chunk of ZipRecruiter’s voting power—21.1%.Several shareholders have registered their class A common stock, which they may or may not sell via the direct listing, the prospectus said. IVP has registered about 22.7 million Class A shares, while Wellington is offering roughly 1.9 million shares. ZipRecruiter CEO Ian Siegel has put up 10.5 million Class A shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":4,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":197062871,"gmtCreate":1621411847893,"gmtModify":1704357191509,"author":{"id":"3570938778601887","authorId":"3570938778601887","name":"ENAHSHANE","avatar":"https://static.tigerbbs.com/4826b7f9114514b02002820348f8e822","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Buying the dips","listText":"Buying the dips","text":"Buying the dips","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/197062871","repostId":"1134038876","repostType":4,"isVote":1,"tweetType":1,"viewCount":26,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":196930529,"gmtCreate":1621003559961,"gmtModify":1704351867992,"author":{"id":"3570938778601887","authorId":"3570938778601887","name":"ENAHSHANE","avatar":"https://static.tigerbbs.com/4826b7f9114514b02002820348f8e822","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Can someone help to like this&nbsp;","listText":"Can someone help to like this&nbsp;","text":"Can someone help to like this","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/196930529","repostId":"2135710626","repostType":4,"repost":{"id":"2135710626","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1620982380,"share":"https://www.laohu8.com/m/news/2135710626?lang=&edition=full","pubTime":"2021-05-14 16:53","market":"sh","language":"en","title":"Early Tesla backer and top fund manager attacks Warren Buffett's strategy. Here's his investing advice.","url":"https://stock-news.laohu8.com/highlight/detail?id=2135710626","media":"Dow Jones","summary":"James Anderson says to forget value investing and be ready for stomach-churning swings in stock prices. One of the U.K.'s top fund managers and a trailblazing technology investor has criticized value investing and the obsession with short-term metrics, in a departing letter on Thursday. He said his greatest regret was not making bigger and bolder bets.Listen to experts and have faith in the forces of change, despite severe swings in stock prices, James Anderson said in his report with the annual","content":"<p>James Anderson says to forget value investing and be ready for stomach-churning swings in stock prices</p><p>One of the U.K.'s top fund managers and a trailblazing technology investor has criticized value investing and the obsession with short-term metrics, in a departing letter on Thursday. He said his greatest regret was not making bigger and bolder bets.</p><p>Listen to experts and have faith in the forces of change, despite severe swings in stock prices, James Anderson said in his report with the annual results of Scottish Mortgage Investment Trust .</p><p>Anderson will retire as a partner in asset manager Bailie Gifford and as joint manager of its Scottish Mortgage fund next April. The fund -- a FTSE 100 constituent with a market cap of more than GBP15 billion ($21 billion) -- has enjoyed remarkable gains over its history, marked by big, early bets on technology companies including online retailer Amazon <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a>, Chinese internet giant Tencent , and electric-car maker Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a>, which the fund bought into in 2014.</p><p>Shares in Scottish Mortgage have fallen 9% so far in 2021, but the fund remains up near 60% in the past year.</p><p>In a letter to shareholders, Anderson called the world of conventional asset management \"irretrievably broken,\" and took aim at \"value investing,\" the strategy famously espoused by investors like Ben Graham and Warren Buffett.</p><p>\"The only rhyme is that in the long run the value of stocks is the long-run free cash flows they generate but we have but the barest and most nebulous clues as to what these cash flows will turn out to be,\" Anderson said. \"But woe betide those who think that a near-term price to earnings ratio defines value in an era of deep change.\"</p><p>Since the emergence of digital technologies, \"sustained growth at extreme pace and with increasing returns to scale\" has become more evident, Anderson said. He pointed to tech giant Microsoft <a href=\"https://laohu8.com/S/MSFT\">$(MSFT)$</a>, which continues to grow after 35 years as a public company.</p><p>\"Distraction through seeking minor opportunities in banal companies over short periods is the perennial temptation. It must be resisted,\" Anderson said.</p><p>He described how the classic and careful investing approach of choosing a level of risk and return along a bell curve is flawed. It \"is neither accepting the deep uncertainty of the world nor acknowledging that the skew of returns is so extreme that it is the search for companies with the characteristics that might enable extreme and compounding success that is central to investing,\" he said.</p><p>But faith is required in investing in high-growth opportunities, Anderson stressed, because share-price crashes happen regularly and are severe. \"The stock charts that look like remorseless bottom left to top right graphs are never as smooth and easy as they subsequently appear,\" he said.</p><p>The fund manager also took a swipe at investors' obsession with short-term metrics -- what he called \"the near pornographic allure of news such as earnings announcements and macroeconomic headlines.\"</p><p>Instead of following \"brokers and the media,\" Anderson advised listening to experts and scientists. Following expert advice on the advances in battery technology was behind Baillie Gifford's decision to invest in Tesla early, he said. At the time, Tesla was the only substantial Western player in electric vehicles, which the fund saw as an inevitable successor to conventional cars powered by internal combustion engines.</p><p>Anderson also acknowledged the difficulties of measuring the value and profitability of future-focused endeavors. He cited Tesla's ambitions in autonomous vehicles, which the fund views as possibly transformative for the economics of the company -- despite not having any idea how successful it will be.</p><p>\"To us it is bizarre that brokers, hedge fund mavens and commentators can claim to be able to decipher the future and assign a precise numerical target to the value of Tesla,\" he said.</p><p>In his final annual results at Scottish Mortgage, Anderson pointed to renewable energy, synthetic biology, and the changing landscape in healthcare innovation as among the revolutionary forces ahead in the market.</p><p>Describing what makes for a great investment, he cited Amazon and its founder Jeff Bezos as a model. \"The company should have open-ended growth opportunities that they should work hard never to define or time,\" he said, alongside \"initial leadership that thinks like a founder (and almost always is <a href=\"https://laohu8.com/S/AONE\">one</a>)\" as well as a distinctive philosophy of business.</p><p>Today, Scottish Mortgage's top 10 holdings, in order of portfolio weight, are Tencent, biotechnology-equipment group <a href=\"https://laohu8.com/S/ILMN\">Illumina</a> (ILMN), Dutch semiconductor industry supplier ASML (ASML.AE), Amazon, Tesla, Chinese e-commerce giant Alibaba <a href=\"https://laohu8.com/S/09988\">$(09988)$</a>, Chinese local services platform Meituan Dianping , U.S. biotech group Moderna <a href=\"https://laohu8.com/S/MRNA\">$(MRNA)$</a>, Chinese EV player NIO <a href=\"https://laohu8.com/S/NIO\">$(NIO)$</a>, and European food-delivery group Delivery Hero.</p><p>\"There's much that I have misunderstood and misjudged over the two decades,\" Anderson said, urging those that follow him to be eccentric, and to place trust in unreasonable people and propositions. \"My ever-growing conviction is that my greatest failing has been to be insufficiently radical.\"</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>Early Tesla backer and top fund manager attacks Warren Buffett's strategy. Here's his investing advice.</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\">\nEarly Tesla backer and top fund manager attacks Warren Buffett's strategy. Here's his investing advice.\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\">2021-05-14 16:53</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>James Anderson says to forget value investing and be ready for stomach-churning swings in stock prices</p><p>One of the U.K.'s top fund managers and a trailblazing technology investor has criticized value investing and the obsession with short-term metrics, in a departing letter on Thursday. He said his greatest regret was not making bigger and bolder bets.</p><p>Listen to experts and have faith in the forces of change, despite severe swings in stock prices, James Anderson said in his report with the annual results of Scottish Mortgage Investment Trust .</p><p>Anderson will retire as a partner in asset manager Bailie Gifford and as joint manager of its Scottish Mortgage fund next April. The fund -- a FTSE 100 constituent with a market cap of more than GBP15 billion ($21 billion) -- has enjoyed remarkable gains over its history, marked by big, early bets on technology companies including online retailer Amazon <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a>, Chinese internet giant Tencent , and electric-car maker Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a>, which the fund bought into in 2014.</p><p>Shares in Scottish Mortgage have fallen 9% so far in 2021, but the fund remains up near 60% in the past year.</p><p>In a letter to shareholders, Anderson called the world of conventional asset management \"irretrievably broken,\" and took aim at \"value investing,\" the strategy famously espoused by investors like Ben Graham and Warren Buffett.</p><p>\"The only rhyme is that in the long run the value of stocks is the long-run free cash flows they generate but we have but the barest and most nebulous clues as to what these cash flows will turn out to be,\" Anderson said. \"But woe betide those who think that a near-term price to earnings ratio defines value in an era of deep change.\"</p><p>Since the emergence of digital technologies, \"sustained growth at extreme pace and with increasing returns to scale\" has become more evident, Anderson said. He pointed to tech giant Microsoft <a href=\"https://laohu8.com/S/MSFT\">$(MSFT)$</a>, which continues to grow after 35 years as a public company.</p><p>\"Distraction through seeking minor opportunities in banal companies over short periods is the perennial temptation. It must be resisted,\" Anderson said.</p><p>He described how the classic and careful investing approach of choosing a level of risk and return along a bell curve is flawed. It \"is neither accepting the deep uncertainty of the world nor acknowledging that the skew of returns is so extreme that it is the search for companies with the characteristics that might enable extreme and compounding success that is central to investing,\" he said.</p><p>But faith is required in investing in high-growth opportunities, Anderson stressed, because share-price crashes happen regularly and are severe. \"The stock charts that look like remorseless bottom left to top right graphs are never as smooth and easy as they subsequently appear,\" he said.</p><p>The fund manager also took a swipe at investors' obsession with short-term metrics -- what he called \"the near pornographic allure of news such as earnings announcements and macroeconomic headlines.\"</p><p>Instead of following \"brokers and the media,\" Anderson advised listening to experts and scientists. Following expert advice on the advances in battery technology was behind Baillie Gifford's decision to invest in Tesla early, he said. At the time, Tesla was the only substantial Western player in electric vehicles, which the fund saw as an inevitable successor to conventional cars powered by internal combustion engines.</p><p>Anderson also acknowledged the difficulties of measuring the value and profitability of future-focused endeavors. He cited Tesla's ambitions in autonomous vehicles, which the fund views as possibly transformative for the economics of the company -- despite not having any idea how successful it will be.</p><p>\"To us it is bizarre that brokers, hedge fund mavens and commentators can claim to be able to decipher the future and assign a precise numerical target to the value of Tesla,\" he said.</p><p>In his final annual results at Scottish Mortgage, Anderson pointed to renewable energy, synthetic biology, and the changing landscape in healthcare innovation as among the revolutionary forces ahead in the market.</p><p>Describing what makes for a great investment, he cited Amazon and its founder Jeff Bezos as a model. \"The company should have open-ended growth opportunities that they should work hard never to define or time,\" he said, alongside \"initial leadership that thinks like a founder (and almost always is <a href=\"https://laohu8.com/S/AONE\">one</a>)\" as well as a distinctive philosophy of business.</p><p>Today, Scottish Mortgage's top 10 holdings, in order of portfolio weight, are Tencent, biotechnology-equipment group <a href=\"https://laohu8.com/S/ILMN\">Illumina</a> (ILMN), Dutch semiconductor industry supplier ASML (ASML.AE), Amazon, Tesla, Chinese e-commerce giant Alibaba <a href=\"https://laohu8.com/S/09988\">$(09988)$</a>, Chinese local services platform Meituan Dianping , U.S. biotech group Moderna <a href=\"https://laohu8.com/S/MRNA\">$(MRNA)$</a>, Chinese EV player NIO <a href=\"https://laohu8.com/S/NIO\">$(NIO)$</a>, and European food-delivery group Delivery Hero.</p><p>\"There's much that I have misunderstood and misjudged over the two decades,\" Anderson said, urging those that follow him to be eccentric, and to place trust in unreasonable people and propositions. \"My ever-growing conviction is that my greatest failing has been to be insufficiently radical.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","BRK.A":"伯克希尔",".SPX":"S&P 500 Index","BRK.B":"伯克希尔B","SPY":"标普500ETF","TSLA":"特斯拉",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2135710626","content_text":"James Anderson says to forget value investing and be ready for stomach-churning swings in stock pricesOne of the U.K.'s top fund managers and a trailblazing technology investor has criticized value investing and the obsession with short-term metrics, in a departing letter on Thursday. He said his greatest regret was not making bigger and bolder bets.Listen to experts and have faith in the forces of change, despite severe swings in stock prices, James Anderson said in his report with the annual results of Scottish Mortgage Investment Trust .Anderson will retire as a partner in asset manager Bailie Gifford and as joint manager of its Scottish Mortgage fund next April. The fund -- a FTSE 100 constituent with a market cap of more than GBP15 billion ($21 billion) -- has enjoyed remarkable gains over its history, marked by big, early bets on technology companies including online retailer Amazon $(AMZN)$, Chinese internet giant Tencent , and electric-car maker Tesla $(TSLA)$, which the fund bought into in 2014.Shares in Scottish Mortgage have fallen 9% so far in 2021, but the fund remains up near 60% in the past year.In a letter to shareholders, Anderson called the world of conventional asset management \"irretrievably broken,\" and took aim at \"value investing,\" the strategy famously espoused by investors like Ben Graham and Warren Buffett.\"The only rhyme is that in the long run the value of stocks is the long-run free cash flows they generate but we have but the barest and most nebulous clues as to what these cash flows will turn out to be,\" Anderson said. \"But woe betide those who think that a near-term price to earnings ratio defines value in an era of deep change.\"Since the emergence of digital technologies, \"sustained growth at extreme pace and with increasing returns to scale\" has become more evident, Anderson said. He pointed to tech giant Microsoft $(MSFT)$, which continues to grow after 35 years as a public company.\"Distraction through seeking minor opportunities in banal companies over short periods is the perennial temptation. It must be resisted,\" Anderson said.He described how the classic and careful investing approach of choosing a level of risk and return along a bell curve is flawed. It \"is neither accepting the deep uncertainty of the world nor acknowledging that the skew of returns is so extreme that it is the search for companies with the characteristics that might enable extreme and compounding success that is central to investing,\" he said.But faith is required in investing in high-growth opportunities, Anderson stressed, because share-price crashes happen regularly and are severe. \"The stock charts that look like remorseless bottom left to top right graphs are never as smooth and easy as they subsequently appear,\" he said.The fund manager also took a swipe at investors' obsession with short-term metrics -- what he called \"the near pornographic allure of news such as earnings announcements and macroeconomic headlines.\"Instead of following \"brokers and the media,\" Anderson advised listening to experts and scientists. Following expert advice on the advances in battery technology was behind Baillie Gifford's decision to invest in Tesla early, he said. At the time, Tesla was the only substantial Western player in electric vehicles, which the fund saw as an inevitable successor to conventional cars powered by internal combustion engines.Anderson also acknowledged the difficulties of measuring the value and profitability of future-focused endeavors. He cited Tesla's ambitions in autonomous vehicles, which the fund views as possibly transformative for the economics of the company -- despite not having any idea how successful it will be.\"To us it is bizarre that brokers, hedge fund mavens and commentators can claim to be able to decipher the future and assign a precise numerical target to the value of Tesla,\" he said.In his final annual results at Scottish Mortgage, Anderson pointed to renewable energy, synthetic biology, and the changing landscape in healthcare innovation as among the revolutionary forces ahead in the market.Describing what makes for a great investment, he cited Amazon and its founder Jeff Bezos as a model. \"The company should have open-ended growth opportunities that they should work hard never to define or time,\" he said, alongside \"initial leadership that thinks like a founder (and almost always is one)\" as well as a distinctive philosophy of business.Today, Scottish Mortgage's top 10 holdings, in order of portfolio weight, are Tencent, biotechnology-equipment group Illumina (ILMN), Dutch semiconductor industry supplier ASML (ASML.AE), Amazon, Tesla, Chinese e-commerce giant Alibaba $(09988)$, Chinese local services platform Meituan Dianping , U.S. biotech group Moderna $(MRNA)$, Chinese EV player NIO $(NIO)$, and European food-delivery group Delivery Hero.\"There's much that I have misunderstood and misjudged over the two decades,\" Anderson said, urging those that follow him to be eccentric, and to place trust in unreasonable people and propositions. \"My ever-growing conviction is that my greatest failing has been to be insufficiently radical.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":39,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136576175,"gmtCreate":1622032783597,"gmtModify":1704178167428,"author":{"id":"3570938778601887","authorId":"3570938778601887","name":"ENAHSHANE","avatar":"https://static.tigerbbs.com/4826b7f9114514b02002820348f8e822","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>Great news on NIO production w JAC. Feeling positive&nbsp;","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>Great news on NIO production w JAC. Feeling positive&nbsp;","text":"$NIO Inc.(NIO)$Great news on NIO production w JAC. Feeling positive","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/136576175","isVote":1,"tweetType":1,"viewCount":121,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":131629513,"gmtCreate":1621856925132,"gmtModify":1704363354877,"author":{"id":"3570938778601887","authorId":"3570938778601887","name":"ENAHSHANE","avatar":"https://static.tigerbbs.com/4826b7f9114514b02002820348f8e822","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Please&nbsp;Can someone like this","listText":"Please&nbsp;Can someone like this","text":"Please Can someone like this","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/131629513","repostId":"1142753520","repostType":4,"repost":{"id":"1142753520","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1621816950,"share":"https://www.laohu8.com/m/news/1142753520?lang=&edition=full","pubTime":"2021-05-24 08:42","market":"us","language":"en","title":"IPO Previews For The Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1142753520","media":"Benzinga","summary":"With the start of a new week comes the excitement surrounding a new set of companies looking to make","content":"<p>With the start of a new week comes the excitement surrounding a new set of companies looking to make an impact through their public offerings.According to Benzinga Pro, these enticing companies are scheduled to trade publicly this week.</p><p><b>FIGS, Inc</b>(NYSE:FIGS) will be trading publicly starting on May 27, 2021 at 05:00 AM. The company's price band is set between $16.0 and $19.0 with an insider lock-up period of 180 days. FIGS, Inc will be offering 22,500,000 shares at a per-share value of $17.5.</p><p><b>FLYWIRE CORPORATION</b>(NASDAQ:FLYW) becomes publicly listed starting on May 26, 2021 at 06:32 AM. The company has a price range set between $22.0 and $24.0 with a 180-day lockup period. FLYWIRE CORPORATION will be offering 8,700,000 shares at a per-share value of $22.99.</p><p><b>Paymentus Holdings, Inc.</b>(NYSE:PAY) will be trading publicly starting on May 26, 2021 at 04:37 AM. The company's price band is set between $19.0 and $21.0 with an insider lock-up period of 180 days. Paymentus Holdings, Inc. will be offering 10,000,000 shares at a per-share value of $20.0.</p><p><b>Neighbourly Pharmacy Inc</b>(TSX:NBLY) will be trading publicly starting on May 25, 2021 at 05:25 AM. Neighbourly Pharmacy Inc will be offering 10,295,000 shares at a per-share value of $17.0 with an insider lock-up period of 180 days.</p><p><b>What Are IPOs?</b></p><p>An initial public offering, or IPO, is the transitional process of a private company deciding to go public and offer shares to investors on an exchange. Typically, IPOs offer companies the ability to build capital. Before a company becomes publicly listed, it must meet SEC requirements and work with investment banks through audits to determine pricing, offering date, and other important data points before the offering.</p><p>Companies and investment banks will work to establish a price range that the stock is expected to sell between. This is known as an offering range. Once a company goes public, its stock comes with an opening price. The insider lock-up period is usually a set number of days after an IPO where company insiders, or employees with a 10% or higher stake in their company, cannot sell shares.</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>IPO Previews For The Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIPO Previews For The Week\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/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-05-24 08:42</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>With the start of a new week comes the excitement surrounding a new set of companies looking to make an impact through their public offerings.According to Benzinga Pro, these enticing companies are scheduled to trade publicly this week.</p><p><b>FIGS, Inc</b>(NYSE:FIGS) will be trading publicly starting on May 27, 2021 at 05:00 AM. The company's price band is set between $16.0 and $19.0 with an insider lock-up period of 180 days. FIGS, Inc will be offering 22,500,000 shares at a per-share value of $17.5.</p><p><b>FLYWIRE CORPORATION</b>(NASDAQ:FLYW) becomes publicly listed starting on May 26, 2021 at 06:32 AM. The company has a price range set between $22.0 and $24.0 with a 180-day lockup period. FLYWIRE CORPORATION will be offering 8,700,000 shares at a per-share value of $22.99.</p><p><b>Paymentus Holdings, Inc.</b>(NYSE:PAY) will be trading publicly starting on May 26, 2021 at 04:37 AM. The company's price band is set between $19.0 and $21.0 with an insider lock-up period of 180 days. Paymentus Holdings, Inc. will be offering 10,000,000 shares at a per-share value of $20.0.</p><p><b>Neighbourly Pharmacy Inc</b>(TSX:NBLY) will be trading publicly starting on May 25, 2021 at 05:25 AM. Neighbourly Pharmacy Inc will be offering 10,295,000 shares at a per-share value of $17.0 with an insider lock-up period of 180 days.</p><p><b>What Are IPOs?</b></p><p>An initial public offering, or IPO, is the transitional process of a private company deciding to go public and offer shares to investors on an exchange. Typically, IPOs offer companies the ability to build capital. Before a company becomes publicly listed, it must meet SEC requirements and work with investment banks through audits to determine pricing, offering date, and other important data points before the offering.</p><p>Companies and investment banks will work to establish a price range that the stock is expected to sell between. This is known as an offering range. Once a company goes public, its stock comes with an opening price. The insider lock-up period is usually a set number of days after an IPO where company insiders, or employees with a 10% or higher stake in their company, cannot sell shares.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FLYW":"Flywire Corp.","FIGS":"FIGS, Inc.","PAY":"Paymentus Holdings, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142753520","content_text":"With the start of a new week comes the excitement surrounding a new set of companies looking to make an impact through their public offerings.According to Benzinga Pro, these enticing companies are scheduled to trade publicly this week.FIGS, Inc(NYSE:FIGS) will be trading publicly starting on May 27, 2021 at 05:00 AM. The company's price band is set between $16.0 and $19.0 with an insider lock-up period of 180 days. FIGS, Inc will be offering 22,500,000 shares at a per-share value of $17.5.FLYWIRE CORPORATION(NASDAQ:FLYW) becomes publicly listed starting on May 26, 2021 at 06:32 AM. The company has a price range set between $22.0 and $24.0 with a 180-day lockup period. FLYWIRE CORPORATION will be offering 8,700,000 shares at a per-share value of $22.99.Paymentus Holdings, Inc.(NYSE:PAY) will be trading publicly starting on May 26, 2021 at 04:37 AM. The company's price band is set between $19.0 and $21.0 with an insider lock-up period of 180 days. Paymentus Holdings, Inc. will be offering 10,000,000 shares at a per-share value of $20.0.Neighbourly Pharmacy Inc(TSX:NBLY) will be trading publicly starting on May 25, 2021 at 05:25 AM. Neighbourly Pharmacy Inc will be offering 10,295,000 shares at a per-share value of $17.0 with an insider lock-up period of 180 days.What Are IPOs?An initial public offering, or IPO, is the transitional process of a private company deciding to go public and offer shares to investors on an exchange. Typically, IPOs offer companies the ability to build capital. Before a company becomes publicly listed, it must meet SEC requirements and work with investment banks through audits to determine pricing, offering date, and other important data points before the offering.Companies and investment banks will work to establish a price range that the stock is expected to sell between. This is known as an offering range. Once a company goes public, its stock comes with an opening price. The insider lock-up period is usually a set number of days after an IPO where company insiders, or employees with a 10% or higher stake in their company, cannot sell shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":10,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}