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Samantha88

Samantha88

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2022-01-28

Tesla is the besttttttt

2021-05-06

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3 Must-See Quotes From Amazon's Earnings Call

2021-05-06

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Shopify Smashed Expectations Again But Post-Pandemic Uncertainty Lies Ahead

2021-05-06

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2021-05-06

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PayPal CEO touts ‘next generation digital wallet’ after earnings beat

2021-05-06

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This Day In Market History: Panic Of 1893 Crashes Stock Market

2021-05-06

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Uber losses dramatically improve thanks to sale of self-driving unit

2021-05-06

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2021-05-05

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Cathie Wood Loads Up on More Skillz Stock After Record Q1 Report

2021-05-05

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2021-05-05

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China's super-charged buying reshapes the copper market: Andy Home

2021-05-05

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China's super-charged buying reshapes the copper market: Andy Home

2021-04-14

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2021-04-14

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Coinbase IPO: Everything you need to know about the ‘watershed moment’ in crypto

2021-04-14

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Is that it? Markets relax about inflation pop - Mike Dolan

2021-04-14

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2021-04-14

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Cryptocurrency Market Overtakes Apple — The World's Most Valuable Company — In Market Capitalization

2021-04-14

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Is Chinese Giant Automaker Geely Joining Hip Rivals Nio, Xpeng, Li With US Listing?

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The growth stock's pullback may be a good buying opportunity to get in on a company firing on all cylinders.</p>\n<p>Amazon's first-quarter sales soared 44% year over year to $108.5 billion. The strong quarter helped trailing-12-month free cash flow swell to $26.4 billion. Further, net income for Q1 alone was $8.1 billion, up from $2.5 billion in the year-ago quarter.</p>\n<p>But these key metrics arguably miss many of the important trends beneath the surface at this great company -- trends that help tell Amazon's long-term growth story. To fully appreciate some of these narratives, here's a look at three important excerpts from Amazon's first-quarter earnings call.</p>\n<p><img src=\"https://static.tigerbbs.com/aa6bb7469f50583ee4d0baabc9589617\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h2>Prime Video is booming</h2>\n<p>While Amazon is primarily known for its e-commerce and cloud-computing businesses, investors shouldn't overlook the company's rapidly growing video streaming service.</p>\n<p>\"Over the past 12 months, Prime Video streaming hours were up over 70% year over year,\" said Amazon CFO Brian Olsavsky.</p>\n<p>Olsavsky explained during the call that management views Prime Video as a key component of \"the broader Prime membership,\" noting that it helps drive Prime adoption and retention.</p>\n<h2>Prime members are more engaged than ever</h2>\n<p>One of the keys to Amazon's business has always been its Prime membership. While it creates a recurring revenue stream for Amazon, it also offers customers a range of benefits including free shipping, fast shipping, streaming music, and more. This helps Amazon maintain a good relationship with its customers and keep them coming back.</p>\n<p>\"Prime members also continue to shop with greater frequency and across more categories than before the pandemic.\" In a nod to the company's fast-growing streaming-video business, Olsavsky added, \"These trends have also extended to Prime's digital benefits.\"</p>\n<p>Amazon said in its first-quarter earnings release that it has over 200 million paying Prime members.</p>\n<h2>Q2 momentum is broad-based</h2>\n<p>Amazon's guidance for its second-quarter revenue to grow at a rate between 24% to 30% was strong considering the tough comparisons the company is up against in the second quarter of 2020, when many consumers were staying at home and making many of their purchases online. When <a href=\"https://laohu8.com/S/AONE\">one</a> analyst asked about what was behind management's confidence in this robust guidance, Olsavsky said its momentum is broad-based. \"[W]e are projecting ... continued strength across all of our segments,\" he explained.</p>\n<p>Considering multiple catalysts driving Amazon's business and the company's impressive financials, shares arguably look attractive after their recent sell-off, making the stock worth a closer look for investors who are interested in including the e-commerce giant in their portfolio.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Must-See Quotes From Amazon's Earnings Call</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Must-See Quotes From Amazon's Earnings Call\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 23:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/05/3-must-see-quotes-from-amazons-earnings-call/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Despite posting impressive first-quarter results late last week, shares of e-commerce and cloud-computing giant Amazon.com (NASDAQ:AMZN) have declined about 5% since the report. The growth stock's ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/05/3-must-see-quotes-from-amazons-earnings-call/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","03086":"华夏纳指","09086":"华夏纳指-U","AMZN":"亚马逊"},"source_url":"https://www.fool.com/investing/2021/05/05/3-must-see-quotes-from-amazons-earnings-call/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133584525","content_text":"Despite posting impressive first-quarter results late last week, shares of e-commerce and cloud-computing giant Amazon.com (NASDAQ:AMZN) have declined about 5% since the report. The growth stock's pullback may be a good buying opportunity to get in on a company firing on all cylinders.\nAmazon's first-quarter sales soared 44% year over year to $108.5 billion. The strong quarter helped trailing-12-month free cash flow swell to $26.4 billion. Further, net income for Q1 alone was $8.1 billion, up from $2.5 billion in the year-ago quarter.\nBut these key metrics arguably miss many of the important trends beneath the surface at this great company -- trends that help tell Amazon's long-term growth story. To fully appreciate some of these narratives, here's a look at three important excerpts from Amazon's first-quarter earnings call.\n\nImage source: Getty Images.\nPrime Video is booming\nWhile Amazon is primarily known for its e-commerce and cloud-computing businesses, investors shouldn't overlook the company's rapidly growing video streaming service.\n\"Over the past 12 months, Prime Video streaming hours were up over 70% year over year,\" said Amazon CFO Brian Olsavsky.\nOlsavsky explained during the call that management views Prime Video as a key component of \"the broader Prime membership,\" noting that it helps drive Prime adoption and retention.\nPrime members are more engaged than ever\nOne of the keys to Amazon's business has always been its Prime membership. While it creates a recurring revenue stream for Amazon, it also offers customers a range of benefits including free shipping, fast shipping, streaming music, and more. This helps Amazon maintain a good relationship with its customers and keep them coming back.\n\"Prime members also continue to shop with greater frequency and across more categories than before the pandemic.\" In a nod to the company's fast-growing streaming-video business, Olsavsky added, \"These trends have also extended to Prime's digital benefits.\"\nAmazon said in its first-quarter earnings release that it has over 200 million paying Prime members.\nQ2 momentum is broad-based\nAmazon's guidance for its second-quarter revenue to grow at a rate between 24% to 30% was strong considering the tough comparisons the company is up against in the second quarter of 2020, when many consumers were staying at home and making many of their purchases online. When one analyst asked about what was behind management's confidence in this robust guidance, Olsavsky said its momentum is broad-based. \"[W]e are projecting ... continued strength across all of our segments,\" he explained.\nConsidering multiple catalysts driving Amazon's business and the company's impressive financials, shares arguably look attractive after their recent sell-off, making the stock worth a closer look for investors who are interested in including the e-commerce giant in their portfolio.","news_type":1},"isVote":1,"tweetType":1,"viewCount":338,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105933408,"gmtCreate":1620262849304,"gmtModify":1704340952327,"author":{"id":"3572868860672408","authorId":"3572868860672408","name":"Samantha88","avatar":"https://static.tigerbbs.com/17723d2075b69224c864dd5864a34ecb","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3572868860672408","authorIdStr":"3572868860672408"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105933408","repostId":"2133521525","repostType":4,"repost":{"id":"2133521525","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":1620227934,"share":"https://ttm.financial/m/news/2133521525?lang=&edition=fundamental","pubTime":"2021-05-05 23:18","market":"us","language":"en","title":"Shopify Smashed Expectations Again But Post-Pandemic Uncertainty Lies Ahead","url":"https://stock-news.laohu8.com/highlight/detail?id=2133521525","media":"Benzinga","summary":"Last Wednesday, Shopify (NYSE: SHOP) earnings, revenue and gross merchandise volume for the first quarter crushed analyst expectations As a result, shares of the stock soared 11.4% as e-commerce growth remained robust during the coronavirus pandemic.","content":"<p>Last Wednesday, <b>Shopify </b>(NYSE:SHOP) earnings, revenue and gross merchandise volume for the first quarter crushed analyst expectations As a result, shares of the stock soared 11.4% as e-commerce growth remained robust during the coronavirus pandemic.</p>\n<h4>Q1 Figures</h4>\n<p>For the quarter that ended on March 31st, investors had expected Shopify to post $865.48 million but it delivered $988.6 million instead. This achievement was enabled by the 137% growth of the \"Merchant Solutions\" business that expanded even at an even faster pace during the quarter than the company's aggregate 110% growth rate. This segment that encompasses payments, shipping, and capital services brought $668 million to the table, exceeding estimates of $560 million. In addition, subscription solutions revenue rose 71% to $320.7 million, also exceeding estimates of $284 million.</p>\n<p>Net income was boosted by an unrealized gain of $1.3 billion from its partnership with Affirm Holdings Inc (NASDAQ:AFRM) which went public at the beginning of the year. Since last July, Shopify owns more than 20 million shares of the online payments company. It earned an adjusted $2.01 per share, including a $1.3 billion investment gain. Adjusted earnings were more than triple Wall Street's projected 75 cents per share.</p>\n<h4><b>How Sustainable Is The Pandemic Win?</b></h4>\n<p>Shopify became <a href=\"https://laohu8.com/S/AONE\">one</a> of the biggest winners of the pandemic-fueled shift to e-commerce, as many brick-and-mortar stores were forced to temporarily shut down and people opted to stay indoors. The stock surged last year on the back of that momentum. However, upon the earnings call, Shopify executives said that even in areas where economies have reopened, there is proof that momentum remains strong as gross merchandise volume, the monetary-value of merchandise sold, more than doubled to $37.3 billion during the quarter.</p>\n<h4>Concerns</h4>\n<p>Executives warned that revenue growth could moderate this year as the vaccine rollout speeds up and consumers return to stores due to eased coronavirus restrictions. Executive departures have also been a concern and some analysts are questioning whether the business has reached a scale where it is self-sustaining beyond the individual contributions of several executives.</p>\n<p>Another concern is how will investments in sales, marketing and R&amp;D impact&nbsp;the operating margin as the company is building a U.S. distribution network to store and ship products for its customers – the merchants. <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> analyst Keith Weiss believes demand for fulfillment services may disappoint near-term.</p>\n<h4>Outlook</h4>\n<p>No guidance for 2021 was provided. Although blowout results for the first quarter achieved to rekindle investor enthusiasm, writing another successful chapter in the post-IPO story of this Canadian e-commerce player, management is warning a slower growth pace is in the cards as the economy reopens and the pandemic finally becomes history.</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>Shopify Smashed Expectations Again But Post-Pandemic Uncertainty Lies Ahead</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\">\nShopify Smashed Expectations Again But Post-Pandemic Uncertainty Lies Ahead\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\">2021-05-05 23:18</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Last Wednesday, <b>Shopify </b>(NYSE:SHOP) earnings, revenue and gross merchandise volume for the first quarter crushed analyst expectations As a result, shares of the stock soared 11.4% as e-commerce growth remained robust during the coronavirus pandemic.</p>\n<h4>Q1 Figures</h4>\n<p>For the quarter that ended on March 31st, investors had expected Shopify to post $865.48 million but it delivered $988.6 million instead. This achievement was enabled by the 137% growth of the \"Merchant Solutions\" business that expanded even at an even faster pace during the quarter than the company's aggregate 110% growth rate. This segment that encompasses payments, shipping, and capital services brought $668 million to the table, exceeding estimates of $560 million. In addition, subscription solutions revenue rose 71% to $320.7 million, also exceeding estimates of $284 million.</p>\n<p>Net income was boosted by an unrealized gain of $1.3 billion from its partnership with Affirm Holdings Inc (NASDAQ:AFRM) which went public at the beginning of the year. Since last July, Shopify owns more than 20 million shares of the online payments company. It earned an adjusted $2.01 per share, including a $1.3 billion investment gain. Adjusted earnings were more than triple Wall Street's projected 75 cents per share.</p>\n<h4><b>How Sustainable Is The Pandemic Win?</b></h4>\n<p>Shopify became <a href=\"https://laohu8.com/S/AONE\">one</a> of the biggest winners of the pandemic-fueled shift to e-commerce, as many brick-and-mortar stores were forced to temporarily shut down and people opted to stay indoors. The stock surged last year on the back of that momentum. However, upon the earnings call, Shopify executives said that even in areas where economies have reopened, there is proof that momentum remains strong as gross merchandise volume, the monetary-value of merchandise sold, more than doubled to $37.3 billion during the quarter.</p>\n<h4>Concerns</h4>\n<p>Executives warned that revenue growth could moderate this year as the vaccine rollout speeds up and consumers return to stores due to eased coronavirus restrictions. Executive departures have also been a concern and some analysts are questioning whether the business has reached a scale where it is self-sustaining beyond the individual contributions of several executives.</p>\n<p>Another concern is how will investments in sales, marketing and R&amp;D impact&nbsp;the operating margin as the company is building a U.S. distribution network to store and ship products for its customers – the merchants. <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> analyst Keith Weiss believes demand for fulfillment services may disappoint near-term.</p>\n<h4>Outlook</h4>\n<p>No guidance for 2021 was provided. Although blowout results for the first quarter achieved to rekindle investor enthusiasm, writing another successful chapter in the post-IPO story of this Canadian e-commerce player, management is warning a slower growth pace is in the cards as the economy reopens and the pandemic finally becomes history.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AFRM":"Affirm Holdings, Inc.","SHOP":"Shopify Inc"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133521525","content_text":"Last Wednesday, Shopify (NYSE:SHOP) earnings, revenue and gross merchandise volume for the first quarter crushed analyst expectations As a result, shares of the stock soared 11.4% as e-commerce growth remained robust during the coronavirus pandemic.\nQ1 Figures\nFor the quarter that ended on March 31st, investors had expected Shopify to post $865.48 million but it delivered $988.6 million instead. This achievement was enabled by the 137% growth of the \"Merchant Solutions\" business that expanded even at an even faster pace during the quarter than the company's aggregate 110% growth rate. This segment that encompasses payments, shipping, and capital services brought $668 million to the table, exceeding estimates of $560 million. In addition, subscription solutions revenue rose 71% to $320.7 million, also exceeding estimates of $284 million.\nNet income was boosted by an unrealized gain of $1.3 billion from its partnership with Affirm Holdings Inc (NASDAQ:AFRM) which went public at the beginning of the year. Since last July, Shopify owns more than 20 million shares of the online payments company. It earned an adjusted $2.01 per share, including a $1.3 billion investment gain. Adjusted earnings were more than triple Wall Street's projected 75 cents per share.\nHow Sustainable Is The Pandemic Win?\nShopify became one of the biggest winners of the pandemic-fueled shift to e-commerce, as many brick-and-mortar stores were forced to temporarily shut down and people opted to stay indoors. The stock surged last year on the back of that momentum. However, upon the earnings call, Shopify executives said that even in areas where economies have reopened, there is proof that momentum remains strong as gross merchandise volume, the monetary-value of merchandise sold, more than doubled to $37.3 billion during the quarter.\nConcerns\nExecutives warned that revenue growth could moderate this year as the vaccine rollout speeds up and consumers return to stores due to eased coronavirus restrictions. Executive departures have also been a concern and some analysts are questioning whether the business has reached a scale where it is self-sustaining beyond the individual contributions of several executives.\nAnother concern is how will investments in sales, marketing and R&D impact the operating margin as the company is building a U.S. distribution network to store and ship products for its customers – the merchants. Morgan Stanley analyst Keith Weiss believes demand for fulfillment services may disappoint near-term.\nOutlook\nNo guidance for 2021 was provided. Although blowout results for the first quarter achieved to rekindle investor enthusiasm, writing another successful chapter in the post-IPO story of this Canadian e-commerce player, management is warning a slower growth pace is in the cards as the economy reopens and the pandemic finally becomes history.","news_type":1},"isVote":1,"tweetType":1,"viewCount":319,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105933349,"gmtCreate":1620262825681,"gmtModify":1704340951020,"author":{"id":"3572868860672408","authorId":"3572868860672408","name":"Samantha88","avatar":"https://static.tigerbbs.com/17723d2075b69224c864dd5864a34ecb","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3572868860672408","authorIdStr":"3572868860672408"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105933349","repostId":"1131387668","repostType":4,"isVote":1,"tweetType":1,"viewCount":246,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105939798,"gmtCreate":1620262799614,"gmtModify":1704340950374,"author":{"id":"3572868860672408","authorId":"3572868860672408","name":"Samantha88","avatar":"https://static.tigerbbs.com/17723d2075b69224c864dd5864a34ecb","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3572868860672408","authorIdStr":"3572868860672408"},"themes":[],"htmlText":"Pls like&nbsp;","listText":"Pls like&nbsp;","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105939798","repostId":"1190727792","repostType":4,"repost":{"id":"1190727792","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1620261268,"share":"https://ttm.financial/m/news/1190727792?lang=&edition=fundamental","pubTime":"2021-05-06 08:34","market":"us","language":"en","title":"PayPal CEO touts ‘next generation digital wallet’ after earnings beat","url":"https://stock-news.laohu8.com/highlight/detail?id=1190727792","media":"Tiger Newspress","summary":"PayPal shares rose as much as 5.5% in extended trading on Wednesday after reporting first-quarter ea","content":"<p>PayPal&nbsp;shares rose as much as 5.5% in extended trading on Wednesday after reporting&nbsp;first-quarter earnings&nbsp;that were stronger than analysts had expected.<img src=\"https://static.tigerbbs.com/58ec3528147a01fb437277e9297f867e\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\">Here’s how the company did:</p><ul><li><b>Earnings per share:</b>$1.22, adjusted, vs. $1.01 per share expected in a Refinitiv survey of analysts</li><li><b>Revenue:</b>$6.03 billion vs. $5.90 billion expected by Refinitiv</li><li><b>Total payment volume:</b>$285 billion vs. $265 billionexpected in a FactSet survey</li></ul><p><img src=\"https://static.tigerbbs.com/280fd499646b944018a299f06e8a7149\" tg-width=\"838\" tg-height=\"638\" referrerpolicy=\"no-referrer\">PayPal&nbsp;shares rose as much as 5.5% in extended trading on Wednesday after reporting&nbsp;first-quarter earnings&nbsp;that were stronger than analysts had expected.First quarter net profit rose to $1.10 billion from $84 million a year earlier, and the company added 14.5 million net new active accounts, bringing its total user base to 392 million.</p><p>Revenue grew 31% year over year in the quarter that ended Mar. 31, according to a statement. In the year-ago quarter, the pandemic fomented a surge in online shopping, helping todrive record payment volumefor the quarter and the full year.</p><p>On the company’s earnings call, CEO&nbsp;Dan Schulman pointed to cryptocurrency as a key growth engine for the company.</p><p>“We’ve got a tremendous amount of really great results going on tactically with our crypto efforts,” said Schulman. He went on to say that half of crypto users open their PayPal app daily, suggesting that it increases engagement for users.</p><p>The mobile payments company made a big push into crypto in the last six months, allowing users in the U.S. to buy, sell, and check out with cryptocurrencies.</p><p>With its network of&nbsp;26 million retailers, PayPal’s crypto ambitions have positioned the company as a rival to&nbsp;Coinbase, the country’smost popular crypto exchange.</p><p>The company also announced plans to roll out a “next-generation digital wallet” in the third quarter. Schulman described the product as an “all-in-one, personalized app [that] will provide increasingly customized and unique shopping, financial services, and payments experiences.”</p><p>With respect to guidance, for the second quarter PayPal sees adjusted earnings of $1.12 per share on $6.25 billion in revenue. Analysts surveyed by Refinitiv had expected $1.10 in adjusted earnings per share on $6.16 billion in revenue.</p><p>For the full year, PayPal expects revenue to grow 20% to $25.75 billion, and the company called for adjusted earnings to grow 21% to $4.70. Analysts polled by Refinitiv had been looking for $4.57 in adjusted earnings per share and $25.71 billion in revenue.</p><p>Excluding the after-hours move, PayPal stock has risen about 5.9% since the start of the year, while theNasdaqis up about 5.5% over the same period.</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>PayPal CEO touts ‘next generation digital wallet’ after earnings beat</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\">\nPayPal CEO touts ‘next generation digital wallet’ after earnings beat\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-06 08:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>PayPal&nbsp;shares rose as much as 5.5% in extended trading on Wednesday after reporting&nbsp;first-quarter earnings&nbsp;that were stronger than analysts had expected.<img src=\"https://static.tigerbbs.com/58ec3528147a01fb437277e9297f867e\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\">Here’s how the company did:</p><ul><li><b>Earnings per share:</b>$1.22, adjusted, vs. $1.01 per share expected in a Refinitiv survey of analysts</li><li><b>Revenue:</b>$6.03 billion vs. $5.90 billion expected by Refinitiv</li><li><b>Total payment volume:</b>$285 billion vs. $265 billionexpected in a FactSet survey</li></ul><p><img src=\"https://static.tigerbbs.com/280fd499646b944018a299f06e8a7149\" tg-width=\"838\" tg-height=\"638\" referrerpolicy=\"no-referrer\">PayPal&nbsp;shares rose as much as 5.5% in extended trading on Wednesday after reporting&nbsp;first-quarter earnings&nbsp;that were stronger than analysts had expected.First quarter net profit rose to $1.10 billion from $84 million a year earlier, and the company added 14.5 million net new active accounts, bringing its total user base to 392 million.</p><p>Revenue grew 31% year over year in the quarter that ended Mar. 31, according to a statement. In the year-ago quarter, the pandemic fomented a surge in online shopping, helping todrive record payment volumefor the quarter and the full year.</p><p>On the company’s earnings call, CEO&nbsp;Dan Schulman pointed to cryptocurrency as a key growth engine for the company.</p><p>“We’ve got a tremendous amount of really great results going on tactically with our crypto efforts,” said Schulman. He went on to say that half of crypto users open their PayPal app daily, suggesting that it increases engagement for users.</p><p>The mobile payments company made a big push into crypto in the last six months, allowing users in the U.S. to buy, sell, and check out with cryptocurrencies.</p><p>With its network of&nbsp;26 million retailers, PayPal’s crypto ambitions have positioned the company as a rival to&nbsp;Coinbase, the country’smost popular crypto exchange.</p><p>The company also announced plans to roll out a “next-generation digital wallet” in the third quarter. Schulman described the product as an “all-in-one, personalized app [that] will provide increasingly customized and unique shopping, financial services, and payments experiences.”</p><p>With respect to guidance, for the second quarter PayPal sees adjusted earnings of $1.12 per share on $6.25 billion in revenue. Analysts surveyed by Refinitiv had expected $1.10 in adjusted earnings per share on $6.16 billion in revenue.</p><p>For the full year, PayPal expects revenue to grow 20% to $25.75 billion, and the company called for adjusted earnings to grow 21% to $4.70. Analysts polled by Refinitiv had been looking for $4.57 in adjusted earnings per share and $25.71 billion in revenue.</p><p>Excluding the after-hours move, PayPal stock has risen about 5.9% since the start of the year, while theNasdaqis up about 5.5% over the same period.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190727792","content_text":"PayPal shares rose as much as 5.5% in extended trading on Wednesday after reporting first-quarter earnings that were stronger than analysts had expected.Here’s how the company did:Earnings per share:$1.22, adjusted, vs. $1.01 per share expected in a Refinitiv survey of analystsRevenue:$6.03 billion vs. $5.90 billion expected by RefinitivTotal payment volume:$285 billion vs. $265 billionexpected in a FactSet surveyPayPal shares rose as much as 5.5% in extended trading on Wednesday after reporting first-quarter earnings that were stronger than analysts had expected.First quarter net profit rose to $1.10 billion from $84 million a year earlier, and the company added 14.5 million net new active accounts, bringing its total user base to 392 million.Revenue grew 31% year over year in the quarter that ended Mar. 31, according to a statement. In the year-ago quarter, the pandemic fomented a surge in online shopping, helping todrive record payment volumefor the quarter and the full year.On the company’s earnings call, CEO Dan Schulman pointed to cryptocurrency as a key growth engine for the company.“We’ve got a tremendous amount of really great results going on tactically with our crypto efforts,” said Schulman. He went on to say that half of crypto users open their PayPal app daily, suggesting that it increases engagement for users.The mobile payments company made a big push into crypto in the last six months, allowing users in the U.S. to buy, sell, and check out with cryptocurrencies.With its network of 26 million retailers, PayPal’s crypto ambitions have positioned the company as a rival to Coinbase, the country’smost popular crypto exchange.The company also announced plans to roll out a “next-generation digital wallet” in the third quarter. Schulman described the product as an “all-in-one, personalized app [that] will provide increasingly customized and unique shopping, financial services, and payments experiences.”With respect to guidance, for the second quarter PayPal sees adjusted earnings of $1.12 per share on $6.25 billion in revenue. Analysts surveyed by Refinitiv had expected $1.10 in adjusted earnings per share on $6.16 billion in revenue.For the full year, PayPal expects revenue to grow 20% to $25.75 billion, and the company called for adjusted earnings to grow 21% to $4.70. Analysts polled by Refinitiv had been looking for $4.57 in adjusted earnings per share and $25.71 billion in revenue.Excluding the after-hours move, PayPal stock has risen about 5.9% since the start of the year, while theNasdaqis up about 5.5% over the same period.","news_type":1},"isVote":1,"tweetType":1,"viewCount":342,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105939621,"gmtCreate":1620262783963,"gmtModify":1704340949567,"author":{"id":"3572868860672408","authorId":"3572868860672408","name":"Samantha88","avatar":"https://static.tigerbbs.com/17723d2075b69224c864dd5864a34ecb","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3572868860672408","authorIdStr":"3572868860672408"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105939621","repostId":"1148686352","repostType":4,"repost":{"id":"1148686352","pubTimestamp":1620224535,"share":"https://ttm.financial/m/news/1148686352?lang=&edition=fundamental","pubTime":"2021-05-05 22:22","market":"us","language":"en","title":"This Day In Market History: Panic Of 1893 Crashes Stock Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1148686352","media":"benzinga","summary":"What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the ","content":"<p><b>What Happened?</b>On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time.</p>\n<p><b>Where The Market Was:</b>The Dow finished the day at 30.02.</p>\n<p><b>What Else Was Going On In The World?</b>In 1893, Thomas Edison completed the world’s first movie studio in West Orange, New Jersey. Lizzie Borden was acquitted of the ax murders of her father and stepmother. A fresh, one-pound beef steak cost 10 cents.</p>\n<p><b>Panic Of 1893:</b>On May 5, 1893, the Dow Jones Index dropped more than 24% from 39.90 to 30.02. It would mark the worst intraday sell-off in U.S. history at the time, a record that would stand until 1929.</p>\n<p>The&nbsp;Panic of 1893&nbsp;was triggered in part by falling gold reserves in the U.S. Treasury. At the time, the U.S. was on the gold standard, meaning U.S. dollars could be redeemed for physical gold. When Treasury gold reserves dropped from $190 million in 1890 to $100 million by 1893, Americans grew concerned that the Treasury might run out of gold and began withdrawing bank notes and converting them to gold, placing extreme strain on the U.S. banking industry and credit markets.</p>\n<p>The May 5 sell-off was triggered in part by the bankruptcy of Nation Cordage the day before.<b>General Electric Company</b>GE 0.34%shares dropped 28% on the day from $80 to $58.</p>\n<p>Fortunately for investors, the Panic of 1893 didn’t last for long. By the end of the day, the market nearly completely recovered its losses. GE, for example, closed the session at $78.50.</p>\n<p>The Panic of 1893 would ravage the U.S. economy, triggering a severe four-year depression. Roughly 14,000 U.S. businesses closed, and unemployment rose to 20%. The event would mark the worst economic downturn in U.S. history until the Great Depression began in 1929.</p>","source":"lsy1606299360108","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>This Day In Market History: Panic Of 1893 Crashes Stock Market</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\">\nThis Day In Market History: Panic Of 1893 Crashes Stock Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 22:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time.\nWhere The Market Was:The Dow finished the day at 30.02.\nWhat Else Was Going On In The World?In...</p>\n\n<a href=\"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market\">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.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148686352","content_text":"What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time.\nWhere The Market Was:The Dow finished the day at 30.02.\nWhat Else Was Going On In The World?In 1893, Thomas Edison completed the world’s first movie studio in West Orange, New Jersey. Lizzie Borden was acquitted of the ax murders of her father and stepmother. A fresh, one-pound beef steak cost 10 cents.\nPanic Of 1893:On May 5, 1893, the Dow Jones Index dropped more than 24% from 39.90 to 30.02. It would mark the worst intraday sell-off in U.S. history at the time, a record that would stand until 1929.\nThe Panic of 1893 was triggered in part by falling gold reserves in the U.S. Treasury. At the time, the U.S. was on the gold standard, meaning U.S. dollars could be redeemed for physical gold. When Treasury gold reserves dropped from $190 million in 1890 to $100 million by 1893, Americans grew concerned that the Treasury might run out of gold and began withdrawing bank notes and converting them to gold, placing extreme strain on the U.S. banking industry and credit markets.\nThe May 5 sell-off was triggered in part by the bankruptcy of Nation Cordage the day before.General Electric CompanyGE 0.34%shares dropped 28% on the day from $80 to $58.\nFortunately for investors, the Panic of 1893 didn’t last for long. By the end of the day, the market nearly completely recovered its losses. GE, for example, closed the session at $78.50.\nThe Panic of 1893 would ravage the U.S. economy, triggering a severe four-year depression. Roughly 14,000 U.S. businesses closed, and unemployment rose to 20%. The event would mark the worst economic downturn in U.S. history until the Great Depression began in 1929.","news_type":1},"isVote":1,"tweetType":1,"viewCount":319,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105939970,"gmtCreate":1620262764890,"gmtModify":1704340950213,"author":{"id":"3572868860672408","authorId":"3572868860672408","name":"Samantha88","avatar":"https://static.tigerbbs.com/17723d2075b69224c864dd5864a34ecb","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3572868860672408","authorIdStr":"3572868860672408"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105939970","repostId":"1108837445","repostType":4,"repost":{"id":"1108837445","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1620260974,"share":"https://ttm.financial/m/news/1108837445?lang=&edition=fundamental","pubTime":"2021-05-06 08:29","market":"us","language":"en","title":"Uber losses dramatically improve thanks to sale of self-driving unit","url":"https://stock-news.laohu8.com/highlight/detail?id=1108837445","media":"Tiger Newspress","summary":"Uberbeat estimates on the top line and dramatically improved its net losses in itsfirst quarterbut m","content":"<p>Uberbeat estimates on the top line and dramatically improved its net losses in itsfirst quarterbut missed on revenue.</p><p>Shares initially gained in after-hours trading before dipping more than 4.5%.<img src=\"https://static.tigerbbs.com/c19ef83e736dbd9b729a4cfa9c05d0d2\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\">Here’s how Uber did versus expectations:</p><ul><li><b>Loss:</b>6 cents vs. 54 cents expected, according to a consensus of analysts surveyed by Refinitiv.</li><li><b>Revenue:</b>$2.90 billion vs. $3.29 billion expected per Refinitiv.</li></ul><p><img src=\"https://static.tigerbbs.com/faa62cd16bc8e422160a12eaf889b22a\" tg-width=\"1053\" tg-height=\"635\" referrerpolicy=\"no-referrer\">It’s difficult for investors to compare year-over-year numbers from the company, as the Covid-19 pandemic began to take hold a year ago and severely restricted travel. However, ride-hailing companies are beginning tobounce backfrom their pandemic lows as coronavirus vaccines roll out and restrictions are eased.</p><p>Overall, Uber’s net loss was $108 million, a tremendous improvement from a $968 million loss in its fourth quarter of 2020. But that was largely due to a $1.6 billion gain from thesale of its self-driving unit, ATG. Uber’s operating loss was still high for the quarter at more than $1.5 billion.</p><p>Uber reaffirmed its expectation to reach profitability on an adjusted EBITDA basis by the end of this year.</p><p>Its adjusted EBITDA loss was $359 million, which improved by $95 million from the prior quarter. EBITDA refers to earnings before interest, taxes, depreciation and amortization.</p><p>The company said its mobility take rate is expected to decline about 20% in the second quarter.</p><p>“For the remainder of the year, I would remind you that delivery gross bookings year-over-year comparisons will become tougher as we continue to face significant forecasting uncertainty in predicting post-reopening consumer behavior,” CFO Nelson Chai said on a call with investors.</p><p>Here’s how Uber’s largest business segments performed in the first quarter of 2021:</p><ul><li><b>Mobility (gross bookings):</b>&nbsp;$6.77 billion, down 38% from a year ago</li><li><b>Delivery (gross bookings)</b>: $12.46 billion, up 166% from a year ago</li></ul><p>Delivery revenue also outperformed its core ride-hailing business at $1.7 billion, compared with $853 million. The company has relied on its delivery services to make up for lost transit during the pandemic. Uber said the Eats segment revenue was up 28% quarter over quarter.</p><p>“We’re finally seeing the light at the end of the tunnel,” CEO Dara Khosrowshahi said on a call with investors. “Uber is starting to fire on all cylinders, as more consumers are riding with us again while continuing to use our expanding delivery offerings.”</p><p>In an update to shareholders, the company said that merchants on Uber Eats exceeded 700,000 in the first quarter, with the additions of Mr. Beast Burger,Rite Aidand Smoothie King.</p><p>The company also entered into an agreement with Gopuff to offer more convenience-store and grocery items starting in June.</p><p>Ride-hailing trends are starting to improve in some markets, Khosrowshahi said, adding he’s “optimistic this trend should accelerate going forward.”</p><p>Uber is also facing an immediate and growing need for more drivers, struggling to meet demand following Covid vaccines and an easing of restrictions. The company said last month it would spend&nbsp;$250 million&nbsp;on a one-time stimulusaimed at getting drivers back on the road. If it can’t bring in enough drivers to meet demand, the company could face annoyed customers who are having to shell out more cash or it might even have to put out more incentives.</p><p>Uber said it has approximately 3.5 million drivers and couriers on its platform, up 4% quarter over quarter but still down 22% year over year.</p><p>Trips on the platform were flat quarter over quarter at 1.45 billion and 13% below the same quarter a year ago. The company said its continued growth in delivery trips is offsetting declines in its mobility unit.</p><p>Uber also faced pressure during the quarter in the U.K. after the nation’s Supreme Courtupheld a rulingthat its drivers are workers, not independent contractors.</p><p>The company said it took a $600 million hit to ride-hailing revenue “due to the accrual made for the resolution of historical claims in the UK relating to the classification of drivers.”</p><p>Classifying drivers as contractors allows the companies to avoid the costly benefits associated with employment, such as unemployment insurance. If a similar measure ends up passing in the United States, it could make it harder for them to reach profitability.</p><p>Executives said they believe there’s space in the Biden-Harris administration to have an open dialogue.</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>Uber losses dramatically improve thanks to sale of self-driving unit</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\">\nUber losses dramatically improve thanks to sale of self-driving unit\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-06 08:29</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Uberbeat estimates on the top line and dramatically improved its net losses in itsfirst quarterbut missed on revenue.</p><p>Shares initially gained in after-hours trading before dipping more than 4.5%.<img src=\"https://static.tigerbbs.com/c19ef83e736dbd9b729a4cfa9c05d0d2\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\">Here’s how Uber did versus expectations:</p><ul><li><b>Loss:</b>6 cents vs. 54 cents expected, according to a consensus of analysts surveyed by Refinitiv.</li><li><b>Revenue:</b>$2.90 billion vs. $3.29 billion expected per Refinitiv.</li></ul><p><img src=\"https://static.tigerbbs.com/faa62cd16bc8e422160a12eaf889b22a\" tg-width=\"1053\" tg-height=\"635\" referrerpolicy=\"no-referrer\">It’s difficult for investors to compare year-over-year numbers from the company, as the Covid-19 pandemic began to take hold a year ago and severely restricted travel. However, ride-hailing companies are beginning tobounce backfrom their pandemic lows as coronavirus vaccines roll out and restrictions are eased.</p><p>Overall, Uber’s net loss was $108 million, a tremendous improvement from a $968 million loss in its fourth quarter of 2020. But that was largely due to a $1.6 billion gain from thesale of its self-driving unit, ATG. Uber’s operating loss was still high for the quarter at more than $1.5 billion.</p><p>Uber reaffirmed its expectation to reach profitability on an adjusted EBITDA basis by the end of this year.</p><p>Its adjusted EBITDA loss was $359 million, which improved by $95 million from the prior quarter. EBITDA refers to earnings before interest, taxes, depreciation and amortization.</p><p>The company said its mobility take rate is expected to decline about 20% in the second quarter.</p><p>“For the remainder of the year, I would remind you that delivery gross bookings year-over-year comparisons will become tougher as we continue to face significant forecasting uncertainty in predicting post-reopening consumer behavior,” CFO Nelson Chai said on a call with investors.</p><p>Here’s how Uber’s largest business segments performed in the first quarter of 2021:</p><ul><li><b>Mobility (gross bookings):</b>&nbsp;$6.77 billion, down 38% from a year ago</li><li><b>Delivery (gross bookings)</b>: $12.46 billion, up 166% from a year ago</li></ul><p>Delivery revenue also outperformed its core ride-hailing business at $1.7 billion, compared with $853 million. The company has relied on its delivery services to make up for lost transit during the pandemic. Uber said the Eats segment revenue was up 28% quarter over quarter.</p><p>“We’re finally seeing the light at the end of the tunnel,” CEO Dara Khosrowshahi said on a call with investors. “Uber is starting to fire on all cylinders, as more consumers are riding with us again while continuing to use our expanding delivery offerings.”</p><p>In an update to shareholders, the company said that merchants on Uber Eats exceeded 700,000 in the first quarter, with the additions of Mr. Beast Burger,Rite Aidand Smoothie King.</p><p>The company also entered into an agreement with Gopuff to offer more convenience-store and grocery items starting in June.</p><p>Ride-hailing trends are starting to improve in some markets, Khosrowshahi said, adding he’s “optimistic this trend should accelerate going forward.”</p><p>Uber is also facing an immediate and growing need for more drivers, struggling to meet demand following Covid vaccines and an easing of restrictions. The company said last month it would spend&nbsp;$250 million&nbsp;on a one-time stimulusaimed at getting drivers back on the road. If it can’t bring in enough drivers to meet demand, the company could face annoyed customers who are having to shell out more cash or it might even have to put out more incentives.</p><p>Uber said it has approximately 3.5 million drivers and couriers on its platform, up 4% quarter over quarter but still down 22% year over year.</p><p>Trips on the platform were flat quarter over quarter at 1.45 billion and 13% below the same quarter a year ago. The company said its continued growth in delivery trips is offsetting declines in its mobility unit.</p><p>Uber also faced pressure during the quarter in the U.K. after the nation’s Supreme Courtupheld a rulingthat its drivers are workers, not independent contractors.</p><p>The company said it took a $600 million hit to ride-hailing revenue “due to the accrual made for the resolution of historical claims in the UK relating to the classification of drivers.”</p><p>Classifying drivers as contractors allows the companies to avoid the costly benefits associated with employment, such as unemployment insurance. If a similar measure ends up passing in the United States, it could make it harder for them to reach profitability.</p><p>Executives said they believe there’s space in the Biden-Harris administration to have an open dialogue.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108837445","content_text":"Uberbeat estimates on the top line and dramatically improved its net losses in itsfirst quarterbut missed on revenue.Shares initially gained in after-hours trading before dipping more than 4.5%.Here’s how Uber did versus expectations:Loss:6 cents vs. 54 cents expected, according to a consensus of analysts surveyed by Refinitiv.Revenue:$2.90 billion vs. $3.29 billion expected per Refinitiv.It’s difficult for investors to compare year-over-year numbers from the company, as the Covid-19 pandemic began to take hold a year ago and severely restricted travel. However, ride-hailing companies are beginning tobounce backfrom their pandemic lows as coronavirus vaccines roll out and restrictions are eased.Overall, Uber’s net loss was $108 million, a tremendous improvement from a $968 million loss in its fourth quarter of 2020. But that was largely due to a $1.6 billion gain from thesale of its self-driving unit, ATG. Uber’s operating loss was still high for the quarter at more than $1.5 billion.Uber reaffirmed its expectation to reach profitability on an adjusted EBITDA basis by the end of this year.Its adjusted EBITDA loss was $359 million, which improved by $95 million from the prior quarter. EBITDA refers to earnings before interest, taxes, depreciation and amortization.The company said its mobility take rate is expected to decline about 20% in the second quarter.“For the remainder of the year, I would remind you that delivery gross bookings year-over-year comparisons will become tougher as we continue to face significant forecasting uncertainty in predicting post-reopening consumer behavior,” CFO Nelson Chai said on a call with investors.Here’s how Uber’s largest business segments performed in the first quarter of 2021:Mobility (gross bookings): $6.77 billion, down 38% from a year agoDelivery (gross bookings): $12.46 billion, up 166% from a year agoDelivery revenue also outperformed its core ride-hailing business at $1.7 billion, compared with $853 million. The company has relied on its delivery services to make up for lost transit during the pandemic. Uber said the Eats segment revenue was up 28% quarter over quarter.“We’re finally seeing the light at the end of the tunnel,” CEO Dara Khosrowshahi said on a call with investors. “Uber is starting to fire on all cylinders, as more consumers are riding with us again while continuing to use our expanding delivery offerings.”In an update to shareholders, the company said that merchants on Uber Eats exceeded 700,000 in the first quarter, with the additions of Mr. Beast Burger,Rite Aidand Smoothie King.The company also entered into an agreement with Gopuff to offer more convenience-store and grocery items starting in June.Ride-hailing trends are starting to improve in some markets, Khosrowshahi said, adding he’s “optimistic this trend should accelerate going forward.”Uber is also facing an immediate and growing need for more drivers, struggling to meet demand following Covid vaccines and an easing of restrictions. The company said last month it would spend $250 million on a one-time stimulusaimed at getting drivers back on the road. If it can’t bring in enough drivers to meet demand, the company could face annoyed customers who are having to shell out more cash or it might even have to put out more incentives.Uber said it has approximately 3.5 million drivers and couriers on its platform, up 4% quarter over quarter but still down 22% year over year.Trips on the platform were flat quarter over quarter at 1.45 billion and 13% below the same quarter a year ago. The company said its continued growth in delivery trips is offsetting declines in its mobility unit.Uber also faced pressure during the quarter in the U.K. after the nation’s Supreme Courtupheld a rulingthat its drivers are workers, not independent contractors.The company said it took a $600 million hit to ride-hailing revenue “due to the accrual made for the resolution of historical claims in the UK relating to the classification of drivers.”Classifying drivers as contractors allows the companies to avoid the costly benefits associated with employment, such as unemployment insurance. If a similar measure ends up passing in the United States, it could make it harder for them to reach profitability.Executives said they believe there’s space in the Biden-Harris administration to have an open dialogue.","news_type":1},"isVote":1,"tweetType":1,"viewCount":391,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105930571,"gmtCreate":1620262748393,"gmtModify":1704340948590,"author":{"id":"3572868860672408","authorId":"3572868860672408","name":"Samantha88","avatar":"https://static.tigerbbs.com/17723d2075b69224c864dd5864a34ecb","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3572868860672408","authorIdStr":"3572868860672408"},"themes":[],"htmlText":"Happy&nbsp;","listText":"Happy&nbsp;","text":"Happy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105930571","repostId":"2133652936","repostType":4,"isVote":1,"tweetType":1,"viewCount":382,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":102410338,"gmtCreate":1620229686724,"gmtModify":1704340558455,"author":{"id":"3572868860672408","authorId":"3572868860672408","name":"Samantha88","avatar":"https://static.tigerbbs.com/17723d2075b69224c864dd5864a34ecb","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3572868860672408","authorIdStr":"3572868860672408"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/102410338","repostId":"2133255365","repostType":4,"repost":{"id":"2133255365","pubTimestamp":1620225900,"share":"https://ttm.financial/m/news/2133255365?lang=&edition=fundamental","pubTime":"2021-05-05 22:45","market":"us","language":"en","title":"Cathie Wood Loads Up on More Skillz Stock After Record Q1 Report","url":"https://stock-news.laohu8.com/highlight/detail?id=2133255365","media":"Motley Fool","summary":"The star investment manager puts her money where her mouth is.","content":"<p>Mobile esports platform <b>Skillz</b> (NYSE:SKLZ) recorded yet another quarter of rising revenue, the 21st consecutive quarter in which revenue jumped year over year. And that was apparently enough for Wall Street's current investment guru, Cathie Wood, to load up again on its stock.</p>\n<p>Wood's ARK Invest exchange-traded funds (ETFs) added another 3.1 million shares of Skillz yesterday (Wood's ETFs report their buys and sales daily), giving her nearly 15.6 million shares in total of the competitive-gameplay specialist.</p>\n<p><img src=\"https://static.tigerbbs.com/d9dcd970e1b1e9ef66ed2200f7e27796\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<p>Although Skillz saw its revenue rise in the first quarter, it also reported wider losses for the period, with adjusted EBITDA coming in at a loss of $31.1 million, compared to losses of $14.6 million a year ago.</p>\n<p>Still, the esports company was able to exceed its own expectations on paying monthly average users (MAUs), which came in at 467,000, some 17,000 more than it guided for last quarter. However, that was below the upper end of Wall Street's forecast of 469,000 MAUs.</p>\n<p>Last month, short-seller Eagle Eye Research issued a report questioning Skillz's revenue-recognition policies. Another short-seller, Wolfpack Research, questioned the value of its recent deal with the National Football League.</p>\n<p>Cathie Wood ended up coming to Skillz's defense, saying the allegations were \"either exaggerated or incorrect\" and stemmed from not understanding the esports company's business.</p>\n<p>Wood's <b><a href=\"https://laohu8.com/S/ARKW\">ARK Next Generation Internet ETF</a></b> (NYSEMKT:ARKW) now owns 7.05 million shares of Skillz; her <b>ARK Innovation</b> (NYSEMKT:ARKK) owns over 8.51 million shares.</p>\n<p>While her purchases are yet another vote of confidence for Skillz, they don't comprise a particularly large portion of her funds' portfolios, amounting to no more than 1.92% in either of the two funds.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood Loads Up on More Skillz Stock After Record Q1 Report</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\">\nCathie Wood Loads Up on More Skillz Stock After Record Q1 Report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 22:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/05/cathie-wood-loads-up-on-more-skillz-stock-after-re/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Mobile esports platform Skillz (NYSE:SKLZ) recorded yet another quarter of rising revenue, the 21st consecutive quarter in which revenue jumped year over year. And that was apparently enough for Wall ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/05/cathie-wood-loads-up-on-more-skillz-stock-after-re/\">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.fool.com/investing/2021/05/05/cathie-wood-loads-up-on-more-skillz-stock-after-re/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133255365","content_text":"Mobile esports platform Skillz (NYSE:SKLZ) recorded yet another quarter of rising revenue, the 21st consecutive quarter in which revenue jumped year over year. And that was apparently enough for Wall Street's current investment guru, Cathie Wood, to load up again on its stock.\nWood's ARK Invest exchange-traded funds (ETFs) added another 3.1 million shares of Skillz yesterday (Wood's ETFs report their buys and sales daily), giving her nearly 15.6 million shares in total of the competitive-gameplay specialist.\n\nImage source: Getty Images.\nAlthough Skillz saw its revenue rise in the first quarter, it also reported wider losses for the period, with adjusted EBITDA coming in at a loss of $31.1 million, compared to losses of $14.6 million a year ago.\nStill, the esports company was able to exceed its own expectations on paying monthly average users (MAUs), which came in at 467,000, some 17,000 more than it guided for last quarter. However, that was below the upper end of Wall Street's forecast of 469,000 MAUs.\nLast month, short-seller Eagle Eye Research issued a report questioning Skillz's revenue-recognition policies. Another short-seller, Wolfpack Research, questioned the value of its recent deal with the National Football League.\nCathie Wood ended up coming to Skillz's defense, saying the allegations were \"either exaggerated or incorrect\" and stemmed from not understanding the esports company's business.\nWood's ARK Next Generation Internet ETF (NYSEMKT:ARKW) now owns 7.05 million shares of Skillz; her ARK Innovation (NYSEMKT:ARKK) owns over 8.51 million shares.\nWhile her purchases are yet another vote of confidence for Skillz, they don't comprise a particularly large portion of her funds' portfolios, amounting to no more than 1.92% in either of the two funds.","news_type":1},"isVote":1,"tweetType":1,"viewCount":242,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":102437528,"gmtCreate":1620229662164,"gmtModify":1704340557328,"author":{"id":"3572868860672408","authorId":"3572868860672408","name":"Samantha88","avatar":"https://static.tigerbbs.com/17723d2075b69224c864dd5864a34ecb","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3572868860672408","authorIdStr":"3572868860672408"},"themes":[],"htmlText":"To be improved&nbsp;","listText":"To be improved&nbsp;","text":"To be improved","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/102437528","repostId":"2133255365","repostType":4,"isVote":1,"tweetType":1,"viewCount":204,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":102434532,"gmtCreate":1620229587626,"gmtModify":1704340556198,"author":{"id":"3572868860672408","authorId":"3572868860672408","name":"Samantha88","avatar":"https://static.tigerbbs.com/17723d2075b69224c864dd5864a34ecb","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3572868860672408","authorIdStr":"3572868860672408"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/102434532","repostId":"2133525876","repostType":4,"repost":{"id":"2133525876","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1620222962,"share":"https://ttm.financial/m/news/2133525876?lang=&edition=fundamental","pubTime":"2021-05-05 21:56","market":"fut","language":"en","title":"China's super-charged buying reshapes the copper market: Andy Home","url":"https://stock-news.laohu8.com/highlight/detail?id=2133525876","media":"Reuters","summary":"* China's imports of refined copper:\n* China's imports of copper scrap:\nBy Andy Home\nLONDON, May 5 (","content":"<p>* China's imports of refined copper:</p>\n<p>* China's imports of copper scrap:</p>\n<p>By Andy Home</p>\n<p>LONDON, May 5 (Reuters) - China's net imports of refined copper surged by 38% to 4.4 million tonnes last year, breaking all historical records.</p>\n<p>The country's call on metal from the rest of the world was a million tonnes higher than the previous peak in 2018 and 1.2 million tonnes more than was imported in 2019.</p>\n<p>This extraordinary buying spree has propelled the London Metal Exchange <a href=\"https://laohu8.com/S/LME.UK\">$(LME.UK)$</a> copper price from its COVID-19 low of $4,371 per tonne in March last year to above $10,000 per tonne, last trading at $9,985.</p>\n<p>It has also reshaped the copper market's statistical landscape, judging by the latest forecasts from the International Copper Study Group (ICSG).</p>\n<p>The Group suggests the global market will record modest supply surpluses of 79,000 tonnes and 109,000 tonnes this year and next respectively.</p>\n<p>If that seems a bit at odds with the bullish exuberance currently washing around the copper market, it's because of what happened last year.</p>\n<p>China sucked so much metal out of the global market-place that copper recorded a deep 600,000-tonne statistical supply-demand deficit, according to the ICSG. That black hole looms large over the Group's outlook.</p>\n<p>However, Chinese imports are now slowing and the big question is what happens when the big copper driver stops driving.</p>\n<p>YEAR OF DEFICIT?</p>\n<p>Copper usage outside of China collapsed by 9% last year with pandemic lockdowns having \"a notable negative impact on the world economy and subsequently on key copper end-use sectors in all regions,\" the ICSG said in its latest twice-yearly assessment of the market.</p>\n<p>Such a demand implosion should have resulted in a massive surplus of unsold metal and a big rise in inventories.</p>\n<p>That didn't happen, however, thanks to China removing a record 4.7 million tonnes of metal from the international market with only a trickle of offset from exports.</p>\n<p>This import strength radically affects calculations of global market balance.</p>\n<p>Calculating usage in the copper market is challenging because copper is continuously being melted into different forms for myriad end-products. The statistical problems are compounded when it comes to working out what is happening in China's massive, geographically dispersed manufacturing sector.</p>\n<p>That's why the ICSG and other analysts use an \"apparent\" calculation of demand, based on relatively hard data such as domestic production, visible stocks changes and, of course, net trade.</p>\n<p>Factor last year's enormous net imports into that statistical equation and \"apparent\" usage in China jumped by 13% last year. That more than offset the demand collapse everywhere else and generates the ICSG's assessment that the global market was in a supply-usage deficit to the tune of 604,000 tonnes last.</p>\n<p>Moreover, the import-distortion effect permeates the forecasts of surplus this year and next. China's \"apparent\" usage is expected to drop sharply as imports tail off, a statistical quirk that will reduce the impact of actual demand recovery in the rest of the world.</p>\n<p>The key takeaways from this blurred statistical landscape are that the size of expected surplus - a cumulative 188,000 tonnes over this year and next - is marginal in the context of a 25-million-tonne market and modest relative to last year's calculated deficit.</p>\n<p>SWITCH TO RAW MATERIALS</p>\n<p>China's imports of refined copper are already showing signs of plateauing. Net imports totalled 853,000 tonnes in the first quarter, which was up by 5% on last year but 19% lower sequentially than the fourth quarter of 2020.</p>\n<p>There is a broad analyst consensus that last year's imports were boosted by <a href=\"https://laohu8.com/S/AONE\">one</a>-off government stockpiling. Estimates of how much vary from half a million to a million tonnes but no-<a href=\"https://laohu8.com/S/AONE.U\">one</a> knows for sure apart from the secretive state entities in charge of the country's strategic reserves.</p>\n<p>That impulse should fade this year. Commercial stock-building will also diminish sharply as industrial buyers baulk at high prices.</p>\n<p>China's import appetite is now shifting to the raw materials segment of the market.</p>\n<p>Constrained supplies of copper concentrates and copper scrap were also major contributors to China's stepped-up purchases of refined metal last year.</p>\n<p>The concentrates market remains tight as mine supply recovers from COVID-19 lockdowns. Global mine production flat-lined for the third consecutive year in 2020 but is expected to rise by 3.5% this year and by 3.7% in 2022, the ICSG said.</p>\n<p>Improved availability is starting to feed through into China's imports of mined concentrates. These fell by 1% last year even as the country's smelting capacity grew but volumes jumped by 7.5% over the first quarter of 2020. Indeed, March's tally of 2.17 million tonnes was a monthly record.</p>\n<p>A simultaneous rebound in copper scrap imports is also playing out after the Chinese government relaxed its import purity rules late last year.</p>\n<p>After sliding by 37% to 944,000 tonnes in 2020, imports of copper scrap have rebounded by 73% to 364,000 tonnes in the first quarter of 2021.</p>\n<p>With high prices incentivising recycled metal supply and China now allowing imports of the reclassified \"resource\", scrap flows can be expected to continue trending higher.</p>\n<p>That will alleviate the materials pressure on both China's secondary refining plants and on the many manufacturers who melt scrap directly into the product mix.</p>\n<p>More scrap will dampen demand for refined metal even as more concentrates feeds through to higher domestic production, both trends feeding back into reduced import needs.</p>\n<p>PASSING THE BATON?</p>\n<p>China is the single most important reason why copper is challenging the $10,000 per tonne level.</p>\n<p>Consider how different market optics would be if the country's hadn't imported an extra 1.2 million tonnes last year. Much of that metal would have found its way into LME or CME warehouses, acting as a visible dampener on price.</p>\n<p>Instead LME and CME inventory combined is less than 200,000 tonnes with both exchange contracts prone to time-spread tightness.</p>\n<p>Commodity super-bulls contend that this cycle will not be defined by China alone but by a metals-intensive recovery in the rest of the world.</p>\n<p>Copper is shaping up to be an interesting test of that theory because China's import appetite will lessen over the coming months as raw materials markets loosen up and restocking, both commercial and state, fades.</p>\n<p>How the price reacts will tell you whether the rest of the world is ready to take the copper baton from China.</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>China's super-charged buying reshapes the copper market: Andy Home</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's super-charged buying reshapes the copper market: Andy Home\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-05-05 21:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* China's imports of refined copper:</p>\n<p>* China's imports of copper scrap:</p>\n<p>By Andy Home</p>\n<p>LONDON, May 5 (Reuters) - China's net imports of refined copper surged by 38% to 4.4 million tonnes last year, breaking all historical records.</p>\n<p>The country's call on metal from the rest of the world was a million tonnes higher than the previous peak in 2018 and 1.2 million tonnes more than was imported in 2019.</p>\n<p>This extraordinary buying spree has propelled the London Metal Exchange <a href=\"https://laohu8.com/S/LME.UK\">$(LME.UK)$</a> copper price from its COVID-19 low of $4,371 per tonne in March last year to above $10,000 per tonne, last trading at $9,985.</p>\n<p>It has also reshaped the copper market's statistical landscape, judging by the latest forecasts from the International Copper Study Group (ICSG).</p>\n<p>The Group suggests the global market will record modest supply surpluses of 79,000 tonnes and 109,000 tonnes this year and next respectively.</p>\n<p>If that seems a bit at odds with the bullish exuberance currently washing around the copper market, it's because of what happened last year.</p>\n<p>China sucked so much metal out of the global market-place that copper recorded a deep 600,000-tonne statistical supply-demand deficit, according to the ICSG. That black hole looms large over the Group's outlook.</p>\n<p>However, Chinese imports are now slowing and the big question is what happens when the big copper driver stops driving.</p>\n<p>YEAR OF DEFICIT?</p>\n<p>Copper usage outside of China collapsed by 9% last year with pandemic lockdowns having \"a notable negative impact on the world economy and subsequently on key copper end-use sectors in all regions,\" the ICSG said in its latest twice-yearly assessment of the market.</p>\n<p>Such a demand implosion should have resulted in a massive surplus of unsold metal and a big rise in inventories.</p>\n<p>That didn't happen, however, thanks to China removing a record 4.7 million tonnes of metal from the international market with only a trickle of offset from exports.</p>\n<p>This import strength radically affects calculations of global market balance.</p>\n<p>Calculating usage in the copper market is challenging because copper is continuously being melted into different forms for myriad end-products. The statistical problems are compounded when it comes to working out what is happening in China's massive, geographically dispersed manufacturing sector.</p>\n<p>That's why the ICSG and other analysts use an \"apparent\" calculation of demand, based on relatively hard data such as domestic production, visible stocks changes and, of course, net trade.</p>\n<p>Factor last year's enormous net imports into that statistical equation and \"apparent\" usage in China jumped by 13% last year. That more than offset the demand collapse everywhere else and generates the ICSG's assessment that the global market was in a supply-usage deficit to the tune of 604,000 tonnes last.</p>\n<p>Moreover, the import-distortion effect permeates the forecasts of surplus this year and next. China's \"apparent\" usage is expected to drop sharply as imports tail off, a statistical quirk that will reduce the impact of actual demand recovery in the rest of the world.</p>\n<p>The key takeaways from this blurred statistical landscape are that the size of expected surplus - a cumulative 188,000 tonnes over this year and next - is marginal in the context of a 25-million-tonne market and modest relative to last year's calculated deficit.</p>\n<p>SWITCH TO RAW MATERIALS</p>\n<p>China's imports of refined copper are already showing signs of plateauing. Net imports totalled 853,000 tonnes in the first quarter, which was up by 5% on last year but 19% lower sequentially than the fourth quarter of 2020.</p>\n<p>There is a broad analyst consensus that last year's imports were boosted by <a href=\"https://laohu8.com/S/AONE\">one</a>-off government stockpiling. Estimates of how much vary from half a million to a million tonnes but no-<a href=\"https://laohu8.com/S/AONE.U\">one</a> knows for sure apart from the secretive state entities in charge of the country's strategic reserves.</p>\n<p>That impulse should fade this year. Commercial stock-building will also diminish sharply as industrial buyers baulk at high prices.</p>\n<p>China's import appetite is now shifting to the raw materials segment of the market.</p>\n<p>Constrained supplies of copper concentrates and copper scrap were also major contributors to China's stepped-up purchases of refined metal last year.</p>\n<p>The concentrates market remains tight as mine supply recovers from COVID-19 lockdowns. Global mine production flat-lined for the third consecutive year in 2020 but is expected to rise by 3.5% this year and by 3.7% in 2022, the ICSG said.</p>\n<p>Improved availability is starting to feed through into China's imports of mined concentrates. These fell by 1% last year even as the country's smelting capacity grew but volumes jumped by 7.5% over the first quarter of 2020. Indeed, March's tally of 2.17 million tonnes was a monthly record.</p>\n<p>A simultaneous rebound in copper scrap imports is also playing out after the Chinese government relaxed its import purity rules late last year.</p>\n<p>After sliding by 37% to 944,000 tonnes in 2020, imports of copper scrap have rebounded by 73% to 364,000 tonnes in the first quarter of 2021.</p>\n<p>With high prices incentivising recycled metal supply and China now allowing imports of the reclassified \"resource\", scrap flows can be expected to continue trending higher.</p>\n<p>That will alleviate the materials pressure on both China's secondary refining plants and on the many manufacturers who melt scrap directly into the product mix.</p>\n<p>More scrap will dampen demand for refined metal even as more concentrates feeds through to higher domestic production, both trends feeding back into reduced import needs.</p>\n<p>PASSING THE BATON?</p>\n<p>China is the single most important reason why copper is challenging the $10,000 per tonne level.</p>\n<p>Consider how different market optics would be if the country's hadn't imported an extra 1.2 million tonnes last year. Much of that metal would have found its way into LME or CME warehouses, acting as a visible dampener on price.</p>\n<p>Instead LME and CME inventory combined is less than 200,000 tonnes with both exchange contracts prone to time-spread tightness.</p>\n<p>Commodity super-bulls contend that this cycle will not be defined by China alone but by a metals-intensive recovery in the rest of the world.</p>\n<p>Copper is shaping up to be an interesting test of that theory because China's import appetite will lessen over the coming months as raw materials markets loosen up and restocking, both commercial and state, fades.</p>\n<p>How the price reacts will tell you whether the rest of the world is ready to take the copper baton from China.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HBCP":"Home合众银行"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133525876","content_text":"* China's imports of refined copper:\n* China's imports of copper scrap:\nBy Andy Home\nLONDON, May 5 (Reuters) - China's net imports of refined copper surged by 38% to 4.4 million tonnes last year, breaking all historical records.\nThe country's call on metal from the rest of the world was a million tonnes higher than the previous peak in 2018 and 1.2 million tonnes more than was imported in 2019.\nThis extraordinary buying spree has propelled the London Metal Exchange $(LME.UK)$ copper price from its COVID-19 low of $4,371 per tonne in March last year to above $10,000 per tonne, last trading at $9,985.\nIt has also reshaped the copper market's statistical landscape, judging by the latest forecasts from the International Copper Study Group (ICSG).\nThe Group suggests the global market will record modest supply surpluses of 79,000 tonnes and 109,000 tonnes this year and next respectively.\nIf that seems a bit at odds with the bullish exuberance currently washing around the copper market, it's because of what happened last year.\nChina sucked so much metal out of the global market-place that copper recorded a deep 600,000-tonne statistical supply-demand deficit, according to the ICSG. That black hole looms large over the Group's outlook.\nHowever, Chinese imports are now slowing and the big question is what happens when the big copper driver stops driving.\nYEAR OF DEFICIT?\nCopper usage outside of China collapsed by 9% last year with pandemic lockdowns having \"a notable negative impact on the world economy and subsequently on key copper end-use sectors in all regions,\" the ICSG said in its latest twice-yearly assessment of the market.\nSuch a demand implosion should have resulted in a massive surplus of unsold metal and a big rise in inventories.\nThat didn't happen, however, thanks to China removing a record 4.7 million tonnes of metal from the international market with only a trickle of offset from exports.\nThis import strength radically affects calculations of global market balance.\nCalculating usage in the copper market is challenging because copper is continuously being melted into different forms for myriad end-products. The statistical problems are compounded when it comes to working out what is happening in China's massive, geographically dispersed manufacturing sector.\nThat's why the ICSG and other analysts use an \"apparent\" calculation of demand, based on relatively hard data such as domestic production, visible stocks changes and, of course, net trade.\nFactor last year's enormous net imports into that statistical equation and \"apparent\" usage in China jumped by 13% last year. That more than offset the demand collapse everywhere else and generates the ICSG's assessment that the global market was in a supply-usage deficit to the tune of 604,000 tonnes last.\nMoreover, the import-distortion effect permeates the forecasts of surplus this year and next. China's \"apparent\" usage is expected to drop sharply as imports tail off, a statistical quirk that will reduce the impact of actual demand recovery in the rest of the world.\nThe key takeaways from this blurred statistical landscape are that the size of expected surplus - a cumulative 188,000 tonnes over this year and next - is marginal in the context of a 25-million-tonne market and modest relative to last year's calculated deficit.\nSWITCH TO RAW MATERIALS\nChina's imports of refined copper are already showing signs of plateauing. Net imports totalled 853,000 tonnes in the first quarter, which was up by 5% on last year but 19% lower sequentially than the fourth quarter of 2020.\nThere is a broad analyst consensus that last year's imports were boosted by one-off government stockpiling. Estimates of how much vary from half a million to a million tonnes but no-one knows for sure apart from the secretive state entities in charge of the country's strategic reserves.\nThat impulse should fade this year. Commercial stock-building will also diminish sharply as industrial buyers baulk at high prices.\nChina's import appetite is now shifting to the raw materials segment of the market.\nConstrained supplies of copper concentrates and copper scrap were also major contributors to China's stepped-up purchases of refined metal last year.\nThe concentrates market remains tight as mine supply recovers from COVID-19 lockdowns. Global mine production flat-lined for the third consecutive year in 2020 but is expected to rise by 3.5% this year and by 3.7% in 2022, the ICSG said.\nImproved availability is starting to feed through into China's imports of mined concentrates. These fell by 1% last year even as the country's smelting capacity grew but volumes jumped by 7.5% over the first quarter of 2020. Indeed, March's tally of 2.17 million tonnes was a monthly record.\nA simultaneous rebound in copper scrap imports is also playing out after the Chinese government relaxed its import purity rules late last year.\nAfter sliding by 37% to 944,000 tonnes in 2020, imports of copper scrap have rebounded by 73% to 364,000 tonnes in the first quarter of 2021.\nWith high prices incentivising recycled metal supply and China now allowing imports of the reclassified \"resource\", scrap flows can be expected to continue trending higher.\nThat will alleviate the materials pressure on both China's secondary refining plants and on the many manufacturers who melt scrap directly into the product mix.\nMore scrap will dampen demand for refined metal even as more concentrates feeds through to higher domestic production, both trends feeding back into reduced import needs.\nPASSING THE BATON?\nChina is the single most important reason why copper is challenging the $10,000 per tonne level.\nConsider how different market optics would be if the country's hadn't imported an extra 1.2 million tonnes last year. Much of that metal would have found its way into LME or CME warehouses, acting as a visible dampener on price.\nInstead LME and CME inventory combined is less than 200,000 tonnes with both exchange contracts prone to time-spread tightness.\nCommodity super-bulls contend that this cycle will not be defined by China alone but by a metals-intensive recovery in the rest of the world.\nCopper is shaping up to be an interesting test of that theory because China's import appetite will lessen over the coming months as raw materials markets loosen up and restocking, both commercial and state, fades.\nHow the price reacts will tell you whether the rest of the world is ready to take the copper baton from China.","news_type":1},"isVote":1,"tweetType":1,"viewCount":313,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":102434984,"gmtCreate":1620229557748,"gmtModify":1704340555875,"author":{"id":"3572868860672408","authorId":"3572868860672408","name":"Samantha88","avatar":"https://static.tigerbbs.com/17723d2075b69224c864dd5864a34ecb","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3572868860672408","authorIdStr":"3572868860672408"},"themes":[],"htmlText":"Good good&nbsp;","listText":"Good good&nbsp;","text":"Good good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/102434984","repostId":"2133525876","repostType":4,"repost":{"id":"2133525876","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1620222962,"share":"https://ttm.financial/m/news/2133525876?lang=&edition=fundamental","pubTime":"2021-05-05 21:56","market":"fut","language":"en","title":"China's super-charged buying reshapes the copper market: Andy Home","url":"https://stock-news.laohu8.com/highlight/detail?id=2133525876","media":"Reuters","summary":"* China's imports of refined copper:\n* China's imports of copper scrap:\nBy Andy Home\nLONDON, May 5 (","content":"<p>* China's imports of refined copper:</p>\n<p>* China's imports of copper scrap:</p>\n<p>By Andy Home</p>\n<p>LONDON, May 5 (Reuters) - China's net imports of refined copper surged by 38% to 4.4 million tonnes last year, breaking all historical records.</p>\n<p>The country's call on metal from the rest of the world was a million tonnes higher than the previous peak in 2018 and 1.2 million tonnes more than was imported in 2019.</p>\n<p>This extraordinary buying spree has propelled the London Metal Exchange <a href=\"https://laohu8.com/S/LME.UK\">$(LME.UK)$</a> copper price from its COVID-19 low of $4,371 per tonne in March last year to above $10,000 per tonne, last trading at $9,985.</p>\n<p>It has also reshaped the copper market's statistical landscape, judging by the latest forecasts from the International Copper Study Group (ICSG).</p>\n<p>The Group suggests the global market will record modest supply surpluses of 79,000 tonnes and 109,000 tonnes this year and next respectively.</p>\n<p>If that seems a bit at odds with the bullish exuberance currently washing around the copper market, it's because of what happened last year.</p>\n<p>China sucked so much metal out of the global market-place that copper recorded a deep 600,000-tonne statistical supply-demand deficit, according to the ICSG. That black hole looms large over the Group's outlook.</p>\n<p>However, Chinese imports are now slowing and the big question is what happens when the big copper driver stops driving.</p>\n<p>YEAR OF DEFICIT?</p>\n<p>Copper usage outside of China collapsed by 9% last year with pandemic lockdowns having \"a notable negative impact on the world economy and subsequently on key copper end-use sectors in all regions,\" the ICSG said in its latest twice-yearly assessment of the market.</p>\n<p>Such a demand implosion should have resulted in a massive surplus of unsold metal and a big rise in inventories.</p>\n<p>That didn't happen, however, thanks to China removing a record 4.7 million tonnes of metal from the international market with only a trickle of offset from exports.</p>\n<p>This import strength radically affects calculations of global market balance.</p>\n<p>Calculating usage in the copper market is challenging because copper is continuously being melted into different forms for myriad end-products. The statistical problems are compounded when it comes to working out what is happening in China's massive, geographically dispersed manufacturing sector.</p>\n<p>That's why the ICSG and other analysts use an \"apparent\" calculation of demand, based on relatively hard data such as domestic production, visible stocks changes and, of course, net trade.</p>\n<p>Factor last year's enormous net imports into that statistical equation and \"apparent\" usage in China jumped by 13% last year. That more than offset the demand collapse everywhere else and generates the ICSG's assessment that the global market was in a supply-usage deficit to the tune of 604,000 tonnes last.</p>\n<p>Moreover, the import-distortion effect permeates the forecasts of surplus this year and next. China's \"apparent\" usage is expected to drop sharply as imports tail off, a statistical quirk that will reduce the impact of actual demand recovery in the rest of the world.</p>\n<p>The key takeaways from this blurred statistical landscape are that the size of expected surplus - a cumulative 188,000 tonnes over this year and next - is marginal in the context of a 25-million-tonne market and modest relative to last year's calculated deficit.</p>\n<p>SWITCH TO RAW MATERIALS</p>\n<p>China's imports of refined copper are already showing signs of plateauing. Net imports totalled 853,000 tonnes in the first quarter, which was up by 5% on last year but 19% lower sequentially than the fourth quarter of 2020.</p>\n<p>There is a broad analyst consensus that last year's imports were boosted by <a href=\"https://laohu8.com/S/AONE\">one</a>-off government stockpiling. Estimates of how much vary from half a million to a million tonnes but no-<a href=\"https://laohu8.com/S/AONE.U\">one</a> knows for sure apart from the secretive state entities in charge of the country's strategic reserves.</p>\n<p>That impulse should fade this year. Commercial stock-building will also diminish sharply as industrial buyers baulk at high prices.</p>\n<p>China's import appetite is now shifting to the raw materials segment of the market.</p>\n<p>Constrained supplies of copper concentrates and copper scrap were also major contributors to China's stepped-up purchases of refined metal last year.</p>\n<p>The concentrates market remains tight as mine supply recovers from COVID-19 lockdowns. Global mine production flat-lined for the third consecutive year in 2020 but is expected to rise by 3.5% this year and by 3.7% in 2022, the ICSG said.</p>\n<p>Improved availability is starting to feed through into China's imports of mined concentrates. These fell by 1% last year even as the country's smelting capacity grew but volumes jumped by 7.5% over the first quarter of 2020. Indeed, March's tally of 2.17 million tonnes was a monthly record.</p>\n<p>A simultaneous rebound in copper scrap imports is also playing out after the Chinese government relaxed its import purity rules late last year.</p>\n<p>After sliding by 37% to 944,000 tonnes in 2020, imports of copper scrap have rebounded by 73% to 364,000 tonnes in the first quarter of 2021.</p>\n<p>With high prices incentivising recycled metal supply and China now allowing imports of the reclassified \"resource\", scrap flows can be expected to continue trending higher.</p>\n<p>That will alleviate the materials pressure on both China's secondary refining plants and on the many manufacturers who melt scrap directly into the product mix.</p>\n<p>More scrap will dampen demand for refined metal even as more concentrates feeds through to higher domestic production, both trends feeding back into reduced import needs.</p>\n<p>PASSING THE BATON?</p>\n<p>China is the single most important reason why copper is challenging the $10,000 per tonne level.</p>\n<p>Consider how different market optics would be if the country's hadn't imported an extra 1.2 million tonnes last year. Much of that metal would have found its way into LME or CME warehouses, acting as a visible dampener on price.</p>\n<p>Instead LME and CME inventory combined is less than 200,000 tonnes with both exchange contracts prone to time-spread tightness.</p>\n<p>Commodity super-bulls contend that this cycle will not be defined by China alone but by a metals-intensive recovery in the rest of the world.</p>\n<p>Copper is shaping up to be an interesting test of that theory because China's import appetite will lessen over the coming months as raw materials markets loosen up and restocking, both commercial and state, fades.</p>\n<p>How the price reacts will tell you whether the rest of the world is ready to take the copper baton from China.</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>China's super-charged buying reshapes the copper market: Andy Home</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\">\nChina's super-charged buying reshapes the copper market: Andy Home\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-05-05 21:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* China's imports of refined copper:</p>\n<p>* China's imports of copper scrap:</p>\n<p>By Andy Home</p>\n<p>LONDON, May 5 (Reuters) - China's net imports of refined copper surged by 38% to 4.4 million tonnes last year, breaking all historical records.</p>\n<p>The country's call on metal from the rest of the world was a million tonnes higher than the previous peak in 2018 and 1.2 million tonnes more than was imported in 2019.</p>\n<p>This extraordinary buying spree has propelled the London Metal Exchange <a href=\"https://laohu8.com/S/LME.UK\">$(LME.UK)$</a> copper price from its COVID-19 low of $4,371 per tonne in March last year to above $10,000 per tonne, last trading at $9,985.</p>\n<p>It has also reshaped the copper market's statistical landscape, judging by the latest forecasts from the International Copper Study Group (ICSG).</p>\n<p>The Group suggests the global market will record modest supply surpluses of 79,000 tonnes and 109,000 tonnes this year and next respectively.</p>\n<p>If that seems a bit at odds with the bullish exuberance currently washing around the copper market, it's because of what happened last year.</p>\n<p>China sucked so much metal out of the global market-place that copper recorded a deep 600,000-tonne statistical supply-demand deficit, according to the ICSG. That black hole looms large over the Group's outlook.</p>\n<p>However, Chinese imports are now slowing and the big question is what happens when the big copper driver stops driving.</p>\n<p>YEAR OF DEFICIT?</p>\n<p>Copper usage outside of China collapsed by 9% last year with pandemic lockdowns having \"a notable negative impact on the world economy and subsequently on key copper end-use sectors in all regions,\" the ICSG said in its latest twice-yearly assessment of the market.</p>\n<p>Such a demand implosion should have resulted in a massive surplus of unsold metal and a big rise in inventories.</p>\n<p>That didn't happen, however, thanks to China removing a record 4.7 million tonnes of metal from the international market with only a trickle of offset from exports.</p>\n<p>This import strength radically affects calculations of global market balance.</p>\n<p>Calculating usage in the copper market is challenging because copper is continuously being melted into different forms for myriad end-products. The statistical problems are compounded when it comes to working out what is happening in China's massive, geographically dispersed manufacturing sector.</p>\n<p>That's why the ICSG and other analysts use an \"apparent\" calculation of demand, based on relatively hard data such as domestic production, visible stocks changes and, of course, net trade.</p>\n<p>Factor last year's enormous net imports into that statistical equation and \"apparent\" usage in China jumped by 13% last year. That more than offset the demand collapse everywhere else and generates the ICSG's assessment that the global market was in a supply-usage deficit to the tune of 604,000 tonnes last.</p>\n<p>Moreover, the import-distortion effect permeates the forecasts of surplus this year and next. China's \"apparent\" usage is expected to drop sharply as imports tail off, a statistical quirk that will reduce the impact of actual demand recovery in the rest of the world.</p>\n<p>The key takeaways from this blurred statistical landscape are that the size of expected surplus - a cumulative 188,000 tonnes over this year and next - is marginal in the context of a 25-million-tonne market and modest relative to last year's calculated deficit.</p>\n<p>SWITCH TO RAW MATERIALS</p>\n<p>China's imports of refined copper are already showing signs of plateauing. Net imports totalled 853,000 tonnes in the first quarter, which was up by 5% on last year but 19% lower sequentially than the fourth quarter of 2020.</p>\n<p>There is a broad analyst consensus that last year's imports were boosted by <a href=\"https://laohu8.com/S/AONE\">one</a>-off government stockpiling. Estimates of how much vary from half a million to a million tonnes but no-<a href=\"https://laohu8.com/S/AONE.U\">one</a> knows for sure apart from the secretive state entities in charge of the country's strategic reserves.</p>\n<p>That impulse should fade this year. Commercial stock-building will also diminish sharply as industrial buyers baulk at high prices.</p>\n<p>China's import appetite is now shifting to the raw materials segment of the market.</p>\n<p>Constrained supplies of copper concentrates and copper scrap were also major contributors to China's stepped-up purchases of refined metal last year.</p>\n<p>The concentrates market remains tight as mine supply recovers from COVID-19 lockdowns. Global mine production flat-lined for the third consecutive year in 2020 but is expected to rise by 3.5% this year and by 3.7% in 2022, the ICSG said.</p>\n<p>Improved availability is starting to feed through into China's imports of mined concentrates. These fell by 1% last year even as the country's smelting capacity grew but volumes jumped by 7.5% over the first quarter of 2020. Indeed, March's tally of 2.17 million tonnes was a monthly record.</p>\n<p>A simultaneous rebound in copper scrap imports is also playing out after the Chinese government relaxed its import purity rules late last year.</p>\n<p>After sliding by 37% to 944,000 tonnes in 2020, imports of copper scrap have rebounded by 73% to 364,000 tonnes in the first quarter of 2021.</p>\n<p>With high prices incentivising recycled metal supply and China now allowing imports of the reclassified \"resource\", scrap flows can be expected to continue trending higher.</p>\n<p>That will alleviate the materials pressure on both China's secondary refining plants and on the many manufacturers who melt scrap directly into the product mix.</p>\n<p>More scrap will dampen demand for refined metal even as more concentrates feeds through to higher domestic production, both trends feeding back into reduced import needs.</p>\n<p>PASSING THE BATON?</p>\n<p>China is the single most important reason why copper is challenging the $10,000 per tonne level.</p>\n<p>Consider how different market optics would be if the country's hadn't imported an extra 1.2 million tonnes last year. Much of that metal would have found its way into LME or CME warehouses, acting as a visible dampener on price.</p>\n<p>Instead LME and CME inventory combined is less than 200,000 tonnes with both exchange contracts prone to time-spread tightness.</p>\n<p>Commodity super-bulls contend that this cycle will not be defined by China alone but by a metals-intensive recovery in the rest of the world.</p>\n<p>Copper is shaping up to be an interesting test of that theory because China's import appetite will lessen over the coming months as raw materials markets loosen up and restocking, both commercial and state, fades.</p>\n<p>How the price reacts will tell you whether the rest of the world is ready to take the copper baton from China.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HBCP":"Home合众银行"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133525876","content_text":"* China's imports of refined copper:\n* China's imports of copper scrap:\nBy Andy Home\nLONDON, May 5 (Reuters) - China's net imports of refined copper surged by 38% to 4.4 million tonnes last year, breaking all historical records.\nThe country's call on metal from the rest of the world was a million tonnes higher than the previous peak in 2018 and 1.2 million tonnes more than was imported in 2019.\nThis extraordinary buying spree has propelled the London Metal Exchange $(LME.UK)$ copper price from its COVID-19 low of $4,371 per tonne in March last year to above $10,000 per tonne, last trading at $9,985.\nIt has also reshaped the copper market's statistical landscape, judging by the latest forecasts from the International Copper Study Group (ICSG).\nThe Group suggests the global market will record modest supply surpluses of 79,000 tonnes and 109,000 tonnes this year and next respectively.\nIf that seems a bit at odds with the bullish exuberance currently washing around the copper market, it's because of what happened last year.\nChina sucked so much metal out of the global market-place that copper recorded a deep 600,000-tonne statistical supply-demand deficit, according to the ICSG. That black hole looms large over the Group's outlook.\nHowever, Chinese imports are now slowing and the big question is what happens when the big copper driver stops driving.\nYEAR OF DEFICIT?\nCopper usage outside of China collapsed by 9% last year with pandemic lockdowns having \"a notable negative impact on the world economy and subsequently on key copper end-use sectors in all regions,\" the ICSG said in its latest twice-yearly assessment of the market.\nSuch a demand implosion should have resulted in a massive surplus of unsold metal and a big rise in inventories.\nThat didn't happen, however, thanks to China removing a record 4.7 million tonnes of metal from the international market with only a trickle of offset from exports.\nThis import strength radically affects calculations of global market balance.\nCalculating usage in the copper market is challenging because copper is continuously being melted into different forms for myriad end-products. The statistical problems are compounded when it comes to working out what is happening in China's massive, geographically dispersed manufacturing sector.\nThat's why the ICSG and other analysts use an \"apparent\" calculation of demand, based on relatively hard data such as domestic production, visible stocks changes and, of course, net trade.\nFactor last year's enormous net imports into that statistical equation and \"apparent\" usage in China jumped by 13% last year. That more than offset the demand collapse everywhere else and generates the ICSG's assessment that the global market was in a supply-usage deficit to the tune of 604,000 tonnes last.\nMoreover, the import-distortion effect permeates the forecasts of surplus this year and next. China's \"apparent\" usage is expected to drop sharply as imports tail off, a statistical quirk that will reduce the impact of actual demand recovery in the rest of the world.\nThe key takeaways from this blurred statistical landscape are that the size of expected surplus - a cumulative 188,000 tonnes over this year and next - is marginal in the context of a 25-million-tonne market and modest relative to last year's calculated deficit.\nSWITCH TO RAW MATERIALS\nChina's imports of refined copper are already showing signs of plateauing. Net imports totalled 853,000 tonnes in the first quarter, which was up by 5% on last year but 19% lower sequentially than the fourth quarter of 2020.\nThere is a broad analyst consensus that last year's imports were boosted by one-off government stockpiling. Estimates of how much vary from half a million to a million tonnes but no-one knows for sure apart from the secretive state entities in charge of the country's strategic reserves.\nThat impulse should fade this year. Commercial stock-building will also diminish sharply as industrial buyers baulk at high prices.\nChina's import appetite is now shifting to the raw materials segment of the market.\nConstrained supplies of copper concentrates and copper scrap were also major contributors to China's stepped-up purchases of refined metal last year.\nThe concentrates market remains tight as mine supply recovers from COVID-19 lockdowns. Global mine production flat-lined for the third consecutive year in 2020 but is expected to rise by 3.5% this year and by 3.7% in 2022, the ICSG said.\nImproved availability is starting to feed through into China's imports of mined concentrates. These fell by 1% last year even as the country's smelting capacity grew but volumes jumped by 7.5% over the first quarter of 2020. Indeed, March's tally of 2.17 million tonnes was a monthly record.\nA simultaneous rebound in copper scrap imports is also playing out after the Chinese government relaxed its import purity rules late last year.\nAfter sliding by 37% to 944,000 tonnes in 2020, imports of copper scrap have rebounded by 73% to 364,000 tonnes in the first quarter of 2021.\nWith high prices incentivising recycled metal supply and China now allowing imports of the reclassified \"resource\", scrap flows can be expected to continue trending higher.\nThat will alleviate the materials pressure on both China's secondary refining plants and on the many manufacturers who melt scrap directly into the product mix.\nMore scrap will dampen demand for refined metal even as more concentrates feeds through to higher domestic production, both trends feeding back into reduced import needs.\nPASSING THE BATON?\nChina is the single most important reason why copper is challenging the $10,000 per tonne level.\nConsider how different market optics would be if the country's hadn't imported an extra 1.2 million tonnes last year. Much of that metal would have found its way into LME or CME warehouses, acting as a visible dampener on price.\nInstead LME and CME inventory combined is less than 200,000 tonnes with both exchange contracts prone to time-spread tightness.\nCommodity super-bulls contend that this cycle will not be defined by China alone but by a metals-intensive recovery in the rest of the world.\nCopper is shaping up to be an interesting test of that theory because China's import appetite will lessen over the coming months as raw materials markets loosen up and restocking, both commercial and state, fades.\nHow the price reacts will tell you whether the rest of the world is ready to take the copper baton from China.","news_type":1},"isVote":1,"tweetType":1,"viewCount":260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344100238,"gmtCreate":1618382709324,"gmtModify":1704709954786,"author":{"id":"3572868860672408","authorId":"3572868860672408","name":"Samantha88","avatar":"https://static.tigerbbs.com/17723d2075b69224c864dd5864a34ecb","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3572868860672408","authorIdStr":"3572868860672408"},"themes":[],"htmlText":"Like me and comment&nbsp;pls thank u&nbsp;","listText":"Like me and comment&nbsp;pls thank u&nbsp;","text":"Like me and comment pls thank u","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/344100238","repostId":"2127322043","repostType":4,"isVote":1,"tweetType":1,"viewCount":408,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344377741,"gmtCreate":1618382640483,"gmtModify":1704709953166,"author":{"id":"3572868860672408","authorId":"3572868860672408","name":"Samantha88","avatar":"https://static.tigerbbs.com/17723d2075b69224c864dd5864a34ecb","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3572868860672408","authorIdStr":"3572868860672408"},"themes":[],"htmlText":"Like me&nbsp;","listText":"Like me&nbsp;","text":"Like me","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/344377741","repostId":"2127454000","repostType":4,"repost":{"id":"2127454000","pubTimestamp":1618364092,"share":"https://ttm.financial/m/news/2127454000?lang=&edition=fundamental","pubTime":"2021-04-14 09:34","market":"us","language":"en","title":"Coinbase IPO: Everything you need to know about the ‘watershed moment’ in crypto","url":"https://stock-news.laohu8.com/highlight/detail?id=2127454000","media":"MarketWatch","summary":"'That said, investing in Coinbase is not for the faint of heart, as the business--and the stock--wil","content":"<p>'That said, investing in Coinbase is not for the faint of heart, as the business--and the stock--will likely see dramatic, potentially protracted, swings,' MoffettNathanson's Ellis writes</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9a8244209cb653b4d9e43e2d729863b9\" tg-width=\"620\" tg-height=\"414\" referrerpolicy=\"no-referrer\"><span>Here comes the Coinbase IPO! Photographer: Tiffany Hagler-Geard/Bloomberg</span></p><p>Coinbase is the talk of Wall Street, as the largest crypto platform in the U.S. gears up for its public debut on a traditional exchange Wednesday, through a direct listing.</p><p>There is no doubt that the public offering of Coinbase is a big deal in the world of crypto. The company was created just over a decade ago with the genesis of bitcoin  and is now in the midst of a moment that many in the industry have described as a tipping point .</p><p>There are few ways to get direct ownership of crypto currencies, outside of buying them directly, a service that Coinbase provides for a fee, and what investors appear willing to be pay up for.</p><p>Leeor Shimron, analyst at FundStrat Global Advisors, described the Coinbase listing as seminal. \"Coinbase's direct listing is a watershed moment for the crypto industry.\"</p><p>Wedbush analyst Dan Ives said the listing is a reflection of the crypto's mainstream evolution.</p><p>\"Coinbase is a foundational piece of the crypto ecosystem and is a barometer for the growing mainstream adoption of Bitcoin and crypto for the coming years in our opinion,\" he wrote in a research note Tuesday.</p><p>Some caution that the implied valuations for Coinbase as a crypto exchange are too lofty , the parent company of the New York Stock Exchange.</p><p>In a direct listing, a company floats its shares on a stock exchange, but without hiring banks to underwrite the transaction, like in an IPO.</p><p>Here's what you need to know about the coming offering.</p><p><b>What is Coinbase?</b></p><p>The Silicon Valley crypto exchange was co-founded in 2012 by Brian Armstrong, 38, who runs the platform as chief executive. Fred Ehrsam, a Coinbase director, also helped to create the company.</p><p>According to Forbes , Armstrong's networth is currently $6.5 billion based on his ownership in the company and his wealth is likely to increase if the direct listing goes off successfully.</p><p><b>When will Coinbase go public?</b></p><p>Coinbase will list on April 14. The precise timing of the list isn't clear but <a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies Inc.</a>'s (PLTR)direct listing   after 1:30 p.m. Eastern Time.</p><p><b>Where will it list?</b></p><p>Coinbase is set to go public on the Nasdaq under the ticker symbol \"COIN\" as a direct listing, meaning it isn't raising any new money, as a company would under a traditional IPO.</p><p>Coinbase is the Nasdaq's first major direct listing, with Spotify <a href=\"https://laohu8.com/S/SPOT\">$(SPOT)$</a>, <a href=\"https://laohu8.com/S/WORK\">Slack Technologies</a> (WORK) and most recently Palantir Technologies (PLTR) all opting to directly list at the NYSE.</p><p><b>Valuations?</b></p><p>Valuations for Coinbase vary from $50 billion to $150 billion based on some decentralized crypto platforms that attempt to replicate how the company's shares might trade. At the top end of the spectrum, Coinbase would be bigger than a number of U.S. exchanges, including ICE, Nasdaq, CME Group <a href=\"https://laohu8.com/S/CME\">$(CME)$</a> and Cboe Global Markets <a href=\"https://laohu8.com/S/CBOE\">$(CBOE)$</a>.</p><p><img src=\"https://static.tigerbbs.com/d2200134a14a3d37a8a656d85f6906c0\" tg-width=\"955\" tg-height=\"657\" referrerpolicy=\"no-referrer\"></p><p>David Trainer, CEO of New Constructs, an investment research firm, said the crypto platform's value is ridiculously high. \"Even though Coinbase's revenue surged over the past 12 months, the company has little-to-no-chance of meeting the future profit expectations that are baked into its ridiculously high expected valuation of $100 billion,\" he said.</p><p>\"Coinbase's expected valuation of $100 billion implies that its revenue will be 1.5x the combined 2020 revenues of two of the most established exchanges in the marketplace, Nasdaq Inc. <a href=\"https://laohu8.com/S/NDAQ\">$(NDAQ)$</a> and Intercontinental Exchange <a href=\"https://laohu8.com/S/ICE\">$(ICE)$</a>, the parent company of the New York Stock Exchange,\" he said.</p><p>Trainer said that based on his calculation, Coinbase's valuation should be closer to $18.9 billion--an 81% decrease from the $100 billion expected valuation.</p><p><b>'Not for the faint of heart'</b></p><p>MoffettNathanson analyst Lisa Ellis explained to MarketWatch why the offering is, as she describes it \"not for the faint of heart,\" but why she initiated coverage of the exchange at a buy with a price-target of $600, even before it sees its first trade on the Nasdaq.</p><p>\"I'm super super bullish on Coinbase...because you get the sense that they are a market leader in the space and crypto agnostic,\" she said.</p><p>That said, she acknowledges that currently 90% of Coinbase's revenues are derived directly from retail trading, with most in the U.S. and trading centered primarily on the two largest cryptos: bitcoin and Ether  on the ethereum blockchain.</p><p>\"So the implications is that Coinbase's revenues are correlated with the level of activity in cryto currency and especially bitcoin and ether.\"</p><p>Ellis says investors need to have at least a one-year long-term investment strategy in bitcoin, which could still go to zero by some bearish accounts, but a three-year outlook is even better, because the crypto complex has tended to operate in three-year cycles of boom and then bust.</p><p><b>Validation for crypto or a top?</b></p><p>Some bulls see Coinbase as validation for the nascent crpyto industry.</p><p>Alex Mashinsky, head of crypto-lending and trading platform Celsius Network, put it this way:</p><p>\"We look at the Coinbase listing as an additional validation of the space, and a major PR opportunity for the entire industry to shine as the future of finance,\" he told MarketWatch via email.</p><p>\"Coinbase has more users and more revenues than many of the largest Wall Street players and is more profitable than any major exchange, and this validation puts most skeptics at a crossroads having to re-evaluate their denial and frustration with the disruption coming at them from all sides.\"</p><p>Others suggest that it may prove a new top for the market and put crypto prices under pressure after a precipitous rally in recent days and a fresh record for bitcoin.</p><p>Yves Lamoureux, the president of Montreal-based macroeconomic research firm Lamoureux &amp; Co., told MarketWatch that he is fearful that too much euphoria surrounds bitcoin and crypto and sees it due for a retrenchment as a result. \"Can you find out-there anyone with a bearish viewpoint?\" he asked. \"A resounding no,\" said Lamoureux.</p><p><b>Is Coinbase the largest crypto exchange?</b></p><p>Coinbase is the second-largest crypto platform, but the largest in the U.S., by volume. The title of largest goes to Binance, which sees $47 billion in crypto trading volume in a 24-hour period, according to CoinMarketCap.com .</p><p><b>Who else owns Coinbase?</b></p><p>Venture-capital firm Andreessen Horowitz, is the largest owner of Coinbase, boasting about 25% of Class A shares  and 14%% of Class B. And Marc Andreessen, head of the venture capital outfit, sits on Coinbase's board.</p><p><b>Other facts</b></p><p>For those aiming for an even deeper dive into Coinbase, check out MarketWatch's <a href=\"https://laohu8.com/NW/2116458171\" target=\"_blank\">5 things to know about the company</a>.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Coinbase IPO: Everything you need to know about the ‘watershed moment’ in crypto</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\">\nCoinbase IPO: Everything you need to know about the ‘watershed moment’ in crypto\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-14 09:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/coinbase-ipo-everything-you-need-to-know-about-the-watershed-moment-in-crypto-11618350086?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>'That said, investing in Coinbase is not for the faint of heart, as the business--and the stock--will likely see dramatic, potentially protracted, swings,' MoffettNathanson's Ellis writesHere comes ...</p>\n\n<a href=\"https://www.marketwatch.com/story/coinbase-ipo-everything-you-need-to-know-about-the-watershed-moment-in-crypto-11618350086?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://www.marketwatch.com/story/coinbase-ipo-everything-you-need-to-know-about-the-watershed-moment-in-crypto-11618350086?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2127454000","content_text":"'That said, investing in Coinbase is not for the faint of heart, as the business--and the stock--will likely see dramatic, potentially protracted, swings,' MoffettNathanson's Ellis writesHere comes the Coinbase IPO! Photographer: Tiffany Hagler-Geard/BloombergCoinbase is the talk of Wall Street, as the largest crypto platform in the U.S. gears up for its public debut on a traditional exchange Wednesday, through a direct listing.There is no doubt that the public offering of Coinbase is a big deal in the world of crypto. The company was created just over a decade ago with the genesis of bitcoin  and is now in the midst of a moment that many in the industry have described as a tipping point .There are few ways to get direct ownership of crypto currencies, outside of buying them directly, a service that Coinbase provides for a fee, and what investors appear willing to be pay up for.Leeor Shimron, analyst at FundStrat Global Advisors, described the Coinbase listing as seminal. \"Coinbase's direct listing is a watershed moment for the crypto industry.\"Wedbush analyst Dan Ives said the listing is a reflection of the crypto's mainstream evolution.\"Coinbase is a foundational piece of the crypto ecosystem and is a barometer for the growing mainstream adoption of Bitcoin and crypto for the coming years in our opinion,\" he wrote in a research note Tuesday.Some caution that the implied valuations for Coinbase as a crypto exchange are too lofty , the parent company of the New York Stock Exchange.In a direct listing, a company floats its shares on a stock exchange, but without hiring banks to underwrite the transaction, like in an IPO.Here's what you need to know about the coming offering.What is Coinbase?The Silicon Valley crypto exchange was co-founded in 2012 by Brian Armstrong, 38, who runs the platform as chief executive. Fred Ehrsam, a Coinbase director, also helped to create the company.According to Forbes , Armstrong's networth is currently $6.5 billion based on his ownership in the company and his wealth is likely to increase if the direct listing goes off successfully.When will Coinbase go public?Coinbase will list on April 14. The precise timing of the list isn't clear but Palantir Technologies Inc.'s (PLTR)direct listing   after 1:30 p.m. Eastern Time.Where will it list?Coinbase is set to go public on the Nasdaq under the ticker symbol \"COIN\" as a direct listing, meaning it isn't raising any new money, as a company would under a traditional IPO.Coinbase is the Nasdaq's first major direct listing, with Spotify $(SPOT)$, Slack Technologies (WORK) and most recently Palantir Technologies (PLTR) all opting to directly list at the NYSE.Valuations?Valuations for Coinbase vary from $50 billion to $150 billion based on some decentralized crypto platforms that attempt to replicate how the company's shares might trade. At the top end of the spectrum, Coinbase would be bigger than a number of U.S. exchanges, including ICE, Nasdaq, CME Group $(CME)$ and Cboe Global Markets $(CBOE)$.David Trainer, CEO of New Constructs, an investment research firm, said the crypto platform's value is ridiculously high. \"Even though Coinbase's revenue surged over the past 12 months, the company has little-to-no-chance of meeting the future profit expectations that are baked into its ridiculously high expected valuation of $100 billion,\" he said.\"Coinbase's expected valuation of $100 billion implies that its revenue will be 1.5x the combined 2020 revenues of two of the most established exchanges in the marketplace, Nasdaq Inc. $(NDAQ)$ and Intercontinental Exchange $(ICE)$, the parent company of the New York Stock Exchange,\" he said.Trainer said that based on his calculation, Coinbase's valuation should be closer to $18.9 billion--an 81% decrease from the $100 billion expected valuation.'Not for the faint of heart'MoffettNathanson analyst Lisa Ellis explained to MarketWatch why the offering is, as she describes it \"not for the faint of heart,\" but why she initiated coverage of the exchange at a buy with a price-target of $600, even before it sees its first trade on the Nasdaq.\"I'm super super bullish on Coinbase...because you get the sense that they are a market leader in the space and crypto agnostic,\" she said.That said, she acknowledges that currently 90% of Coinbase's revenues are derived directly from retail trading, with most in the U.S. and trading centered primarily on the two largest cryptos: bitcoin and Ether  on the ethereum blockchain.\"So the implications is that Coinbase's revenues are correlated with the level of activity in cryto currency and especially bitcoin and ether.\"Ellis says investors need to have at least a one-year long-term investment strategy in bitcoin, which could still go to zero by some bearish accounts, but a three-year outlook is even better, because the crypto complex has tended to operate in three-year cycles of boom and then bust.Validation for crypto or a top?Some bulls see Coinbase as validation for the nascent crpyto industry.Alex Mashinsky, head of crypto-lending and trading platform Celsius Network, put it this way:\"We look at the Coinbase listing as an additional validation of the space, and a major PR opportunity for the entire industry to shine as the future of finance,\" he told MarketWatch via email.\"Coinbase has more users and more revenues than many of the largest Wall Street players and is more profitable than any major exchange, and this validation puts most skeptics at a crossroads having to re-evaluate their denial and frustration with the disruption coming at them from all sides.\"Others suggest that it may prove a new top for the market and put crypto prices under pressure after a precipitous rally in recent days and a fresh record for bitcoin.Yves Lamoureux, the president of Montreal-based macroeconomic research firm Lamoureux & Co., told MarketWatch that he is fearful that too much euphoria surrounds bitcoin and crypto and sees it due for a retrenchment as a result. \"Can you find out-there anyone with a bearish viewpoint?\" he asked. \"A resounding no,\" said Lamoureux.Is Coinbase the largest crypto exchange?Coinbase is the second-largest crypto platform, but the largest in the U.S., by volume. The title of largest goes to Binance, which sees $47 billion in crypto trading volume in a 24-hour period, according to CoinMarketCap.com .Who else owns Coinbase?Venture-capital firm Andreessen Horowitz, is the largest owner of Coinbase, boasting about 25% of Class A shares  and 14%% of Class B. And Marc Andreessen, head of the venture capital outfit, sits on Coinbase's board.Other factsFor those aiming for an even deeper dive into Coinbase, check out MarketWatch's 5 things to know about the company.","news_type":1},"isVote":1,"tweetType":1,"viewCount":302,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344377247,"gmtCreate":1618382555889,"gmtModify":1704709952841,"author":{"id":"3572868860672408","authorId":"3572868860672408","name":"Samantha88","avatar":"https://static.tigerbbs.com/17723d2075b69224c864dd5864a34ecb","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3572868860672408","authorIdStr":"3572868860672408"},"themes":[],"htmlText":"Goof good&nbsp;","listText":"Goof good&nbsp;","text":"Goof good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/344377247","repostId":"1138438148","repostType":4,"repost":{"id":"1138438148","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1618377436,"share":"https://ttm.financial/m/news/1138438148?lang=&edition=fundamental","pubTime":"2021-04-14 13:17","market":"us","language":"en","title":"Is that it? Markets relax about inflation pop - Mike Dolan","url":"https://stock-news.laohu8.com/highlight/detail?id=1138438148","media":"Reuters","summary":"Just as long-dormant inflation finally rears its head again, there are some signs that financial mar","content":"<p>Just as long-dormant inflation finally rears its head again, there are some signs that financial markets may already have overestimated the impact - or at least the response.</p>\n<p>One of the biggest fears of the year for global investors has been that a policy-supercharged, post-pandemic recovery of major economies seeds an inflation surge that spooks central banks into tightening credit well before they currently suggest.</p>\n<p>While there’s some argument for holding stocks during an inflation scare, the worry is central banks get spooked - lifting borrowing costs and dragging on growth and earnings estimates and rethinking discounted valuations for growth and technology stocks.</p>\n<p>With base effects from last year’s energy and price crash now starting in earnest amid considerable COVID-related supply-chain bottlenecks, U.S. consumer price inflation bounced back above 2% for first time since the pandemic in March - topping forecasts for its highest in almost three years at 2.6%.</p>\n<p>And yet after a couple of months of tantrums and rising bond yields in anticipation of the coming price jump, Tuesday’s CPI data release passed off with barely a flicker.</p>\n<p>The Fed’s relentless message that temporary inflation spikes are to be expected and that it will not tighten policy until evidence of a recovery is clear and complete seems to be sinking in.</p>\n<p>With central bank eyes mainly on inflation that excludes volatile food and energy prices, the March “core” rate of just 1.6% will hardly ruffle feathers in Washington yet.</p>\n<p>To be sure, there will be many more months of these sparky price headlines. The oil price nadir in 2020 was on April 22 and so next month’s inflation headline readings will have to factor in a quadrupling of crude prices since then.</p>\n<p>But there are already some signs the recent bounce in U.S. yields may already be enough to tempt investors back to bonds - partly to brace for any pause or correction in record high stocks and any spluttering of the vaccine-led recovery or a stalling of mooted fiscal spending splurge.</p>\n<p>Another way to look at it is the extent to which Fed tightening is already priced or expected.</p>\n<p>Money markets have for several weeks now almost fully priced a quarter-point Fed rate rise by the end of next year - and almost 100 basis points before the 2024 date when the median of Fed policymaker forecasts currently sees a first liftoff. (Graphic: Markets' inflation pricing,hereBank of America chart on survey showing \"short Treasuries\" as crowded trade, ) SHARP ELBOWS</p>\n<p><img src=\"https://static.tigerbbs.com/00ae1b7286b09283c2c64dfcd94c78fc\" tg-width=\"602\" tg-height=\"347\"></p>\n<p>That pretty aggressive stance was underlined by this month’s global fund manager survey by Bank of America.</p>\n<p>Bearing in mind that it polls investors around the world and also that the question was non-specific about key policy rates per se, almost 60% of respondents said they saw higher short-term rates within 12 months.</p>\n<p>That’s almost eight months before even angst-ridden money markets say “go” and the highest reading in more than two years.</p>\n<p>Reinforcing that were signs that any funds wanting to bet on higher yields may find themselves late to the game.</p>\n<p>Almost 10% of the April survey’s respondents reckoned “Short U.S. Treasuries” - essentially betting on higher bond yields - was the most crowded trade on the street.</p>\n<p>It was identified as one of the top five crowded trades, including regular moans about long tech stocks and bitcoin and more recently the crush into so-called environmental, social and governance (ESG) investments.</p>\n<p>None of the investors polled in March thought “short Treasuries” needed much elbow room at all.</p>\n<p>So has the great 2020 yield surge gone far enough already?</p>\n<p>Perhaps the very assumption of such aggressive policy tightening has itself allowed investors some reassurance that long-term inflation expectations will remain in check and March headline CPI inflation may prove the best long-term assumption.</p>\n<p>If central banks want to and are successful at pushing back that market pricing, it’s possible yield curves may steepen again at the long end - absent an economic stumble itself. So maybe everyone’s happy right here at the moment.</p>\n<p>Even though 10-year nominal Treasury yields are 1.66%, “real” inflation-adjusted yields are still negative to the tune 0.68%. Sub-1% 5-year yields have equivalent as low as -1.83%.</p>\n<p>However, 30-year real yields from the inflation-protected bond market are back in positive territory again and hold nominal yields as high as 2.34%.</p>\n<p>This meatier long bond rate, together with this year’s unexpected dollar strength, is allowing many overseas fund managers to once again consider Treasuries as ballast in portfolios that will guard against any sudden stock market correction, temporary or not.</p>\n<p>“Flexibility is key,” wrote M&amp;G Investments macro fund manager Eric Lonergan, adding that bulky holdings of cash, diversified world equities and 30-year Treasuries were now necessary to navigate a bumpy year ahead that could easily see a 15%-20% retreat in stocks at some point.</p>\n<p>“If something goes wrong, that’s your insurance policy.”</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>Is that it? Markets relax about inflation pop - Mike Dolan</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\">\nIs that it? Markets relax about inflation pop - Mike Dolan\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-04-14 13:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Just as long-dormant inflation finally rears its head again, there are some signs that financial markets may already have overestimated the impact - or at least the response.</p>\n<p>One of the biggest fears of the year for global investors has been that a policy-supercharged, post-pandemic recovery of major economies seeds an inflation surge that spooks central banks into tightening credit well before they currently suggest.</p>\n<p>While there’s some argument for holding stocks during an inflation scare, the worry is central banks get spooked - lifting borrowing costs and dragging on growth and earnings estimates and rethinking discounted valuations for growth and technology stocks.</p>\n<p>With base effects from last year’s energy and price crash now starting in earnest amid considerable COVID-related supply-chain bottlenecks, U.S. consumer price inflation bounced back above 2% for first time since the pandemic in March - topping forecasts for its highest in almost three years at 2.6%.</p>\n<p>And yet after a couple of months of tantrums and rising bond yields in anticipation of the coming price jump, Tuesday’s CPI data release passed off with barely a flicker.</p>\n<p>The Fed’s relentless message that temporary inflation spikes are to be expected and that it will not tighten policy until evidence of a recovery is clear and complete seems to be sinking in.</p>\n<p>With central bank eyes mainly on inflation that excludes volatile food and energy prices, the March “core” rate of just 1.6% will hardly ruffle feathers in Washington yet.</p>\n<p>To be sure, there will be many more months of these sparky price headlines. The oil price nadir in 2020 was on April 22 and so next month’s inflation headline readings will have to factor in a quadrupling of crude prices since then.</p>\n<p>But there are already some signs the recent bounce in U.S. yields may already be enough to tempt investors back to bonds - partly to brace for any pause or correction in record high stocks and any spluttering of the vaccine-led recovery or a stalling of mooted fiscal spending splurge.</p>\n<p>Another way to look at it is the extent to which Fed tightening is already priced or expected.</p>\n<p>Money markets have for several weeks now almost fully priced a quarter-point Fed rate rise by the end of next year - and almost 100 basis points before the 2024 date when the median of Fed policymaker forecasts currently sees a first liftoff. (Graphic: Markets' inflation pricing,hereBank of America chart on survey showing \"short Treasuries\" as crowded trade, ) SHARP ELBOWS</p>\n<p><img src=\"https://static.tigerbbs.com/00ae1b7286b09283c2c64dfcd94c78fc\" tg-width=\"602\" tg-height=\"347\"></p>\n<p>That pretty aggressive stance was underlined by this month’s global fund manager survey by Bank of America.</p>\n<p>Bearing in mind that it polls investors around the world and also that the question was non-specific about key policy rates per se, almost 60% of respondents said they saw higher short-term rates within 12 months.</p>\n<p>That’s almost eight months before even angst-ridden money markets say “go” and the highest reading in more than two years.</p>\n<p>Reinforcing that were signs that any funds wanting to bet on higher yields may find themselves late to the game.</p>\n<p>Almost 10% of the April survey’s respondents reckoned “Short U.S. Treasuries” - essentially betting on higher bond yields - was the most crowded trade on the street.</p>\n<p>It was identified as one of the top five crowded trades, including regular moans about long tech stocks and bitcoin and more recently the crush into so-called environmental, social and governance (ESG) investments.</p>\n<p>None of the investors polled in March thought “short Treasuries” needed much elbow room at all.</p>\n<p>So has the great 2020 yield surge gone far enough already?</p>\n<p>Perhaps the very assumption of such aggressive policy tightening has itself allowed investors some reassurance that long-term inflation expectations will remain in check and March headline CPI inflation may prove the best long-term assumption.</p>\n<p>If central banks want to and are successful at pushing back that market pricing, it’s possible yield curves may steepen again at the long end - absent an economic stumble itself. So maybe everyone’s happy right here at the moment.</p>\n<p>Even though 10-year nominal Treasury yields are 1.66%, “real” inflation-adjusted yields are still negative to the tune 0.68%. Sub-1% 5-year yields have equivalent as low as -1.83%.</p>\n<p>However, 30-year real yields from the inflation-protected bond market are back in positive territory again and hold nominal yields as high as 2.34%.</p>\n<p>This meatier long bond rate, together with this year’s unexpected dollar strength, is allowing many overseas fund managers to once again consider Treasuries as ballast in portfolios that will guard against any sudden stock market correction, temporary or not.</p>\n<p>“Flexibility is key,” wrote M&amp;G Investments macro fund manager Eric Lonergan, adding that bulky holdings of cash, diversified world equities and 30-year Treasuries were now necessary to navigate a bumpy year ahead that could easily see a 15%-20% retreat in stocks at some point.</p>\n<p>“If something goes wrong, that’s your insurance policy.”</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138438148","content_text":"Just as long-dormant inflation finally rears its head again, there are some signs that financial markets may already have overestimated the impact - or at least the response.\nOne of the biggest fears of the year for global investors has been that a policy-supercharged, post-pandemic recovery of major economies seeds an inflation surge that spooks central banks into tightening credit well before they currently suggest.\nWhile there’s some argument for holding stocks during an inflation scare, the worry is central banks get spooked - lifting borrowing costs and dragging on growth and earnings estimates and rethinking discounted valuations for growth and technology stocks.\nWith base effects from last year’s energy and price crash now starting in earnest amid considerable COVID-related supply-chain bottlenecks, U.S. consumer price inflation bounced back above 2% for first time since the pandemic in March - topping forecasts for its highest in almost three years at 2.6%.\nAnd yet after a couple of months of tantrums and rising bond yields in anticipation of the coming price jump, Tuesday’s CPI data release passed off with barely a flicker.\nThe Fed’s relentless message that temporary inflation spikes are to be expected and that it will not tighten policy until evidence of a recovery is clear and complete seems to be sinking in.\nWith central bank eyes mainly on inflation that excludes volatile food and energy prices, the March “core” rate of just 1.6% will hardly ruffle feathers in Washington yet.\nTo be sure, there will be many more months of these sparky price headlines. The oil price nadir in 2020 was on April 22 and so next month’s inflation headline readings will have to factor in a quadrupling of crude prices since then.\nBut there are already some signs the recent bounce in U.S. yields may already be enough to tempt investors back to bonds - partly to brace for any pause or correction in record high stocks and any spluttering of the vaccine-led recovery or a stalling of mooted fiscal spending splurge.\nAnother way to look at it is the extent to which Fed tightening is already priced or expected.\nMoney markets have for several weeks now almost fully priced a quarter-point Fed rate rise by the end of next year - and almost 100 basis points before the 2024 date when the median of Fed policymaker forecasts currently sees a first liftoff. (Graphic: Markets' inflation pricing,hereBank of America chart on survey showing \"short Treasuries\" as crowded trade, ) SHARP ELBOWS\n\nThat pretty aggressive stance was underlined by this month’s global fund manager survey by Bank of America.\nBearing in mind that it polls investors around the world and also that the question was non-specific about key policy rates per se, almost 60% of respondents said they saw higher short-term rates within 12 months.\nThat’s almost eight months before even angst-ridden money markets say “go” and the highest reading in more than two years.\nReinforcing that were signs that any funds wanting to bet on higher yields may find themselves late to the game.\nAlmost 10% of the April survey’s respondents reckoned “Short U.S. Treasuries” - essentially betting on higher bond yields - was the most crowded trade on the street.\nIt was identified as one of the top five crowded trades, including regular moans about long tech stocks and bitcoin and more recently the crush into so-called environmental, social and governance (ESG) investments.\nNone of the investors polled in March thought “short Treasuries” needed much elbow room at all.\nSo has the great 2020 yield surge gone far enough already?\nPerhaps the very assumption of such aggressive policy tightening has itself allowed investors some reassurance that long-term inflation expectations will remain in check and March headline CPI inflation may prove the best long-term assumption.\nIf central banks want to and are successful at pushing back that market pricing, it’s possible yield curves may steepen again at the long end - absent an economic stumble itself. So maybe everyone’s happy right here at the moment.\nEven though 10-year nominal Treasury yields are 1.66%, “real” inflation-adjusted yields are still negative to the tune 0.68%. Sub-1% 5-year yields have equivalent as low as -1.83%.\nHowever, 30-year real yields from the inflation-protected bond market are back in positive territory again and hold nominal yields as high as 2.34%.\nThis meatier long bond rate, together with this year’s unexpected dollar strength, is allowing many overseas fund managers to once again consider Treasuries as ballast in portfolios that will guard against any sudden stock market correction, temporary or not.\n“Flexibility is key,” wrote M&G Investments macro fund manager Eric Lonergan, adding that bulky holdings of cash, diversified world equities and 30-year Treasuries were now necessary to navigate a bumpy year ahead that could easily see a 15%-20% retreat in stocks at some point.\n“If something goes wrong, that’s your insurance policy.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":110,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344374446,"gmtCreate":1618382453985,"gmtModify":1704709951546,"author":{"id":"3572868860672408","authorId":"3572868860672408","name":"Samantha88","avatar":"https://static.tigerbbs.com/17723d2075b69224c864dd5864a34ecb","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3572868860672408","authorIdStr":"3572868860672408"},"themes":[],"htmlText":"Keep it up&nbsp;","listText":"Keep it up&nbsp;","text":"Keep it up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/344374446","repostId":"2127322043","repostType":4,"isVote":1,"tweetType":1,"viewCount":210,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344374898,"gmtCreate":1618382433814,"gmtModify":1704709950740,"author":{"id":"3572868860672408","authorId":"3572868860672408","name":"Samantha88","avatar":"https://static.tigerbbs.com/17723d2075b69224c864dd5864a34ecb","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3572868860672408","authorIdStr":"3572868860672408"},"themes":[],"htmlText":"Keep it up&nbsp;","listText":"Keep it up&nbsp;","text":"Keep it up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/344374898","repostId":"1138981786","repostType":4,"repost":{"id":"1138981786","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":1618378683,"share":"https://ttm.financial/m/news/1138981786?lang=&edition=fundamental","pubTime":"2021-04-14 13:38","market":"fut","language":"en","title":"Cryptocurrency Market Overtakes Apple — The World's Most Valuable Company — In Market Capitalization","url":"https://stock-news.laohu8.com/highlight/detail?id=1138981786","media":"Benzinga","summary":"The market capitalization of cryptocurrencies, as tracked by CoinMarketCap, has exceeded that of the","content":"<p><img src=\"https://static.tigerbbs.com/1d4fd60a492940285375780df3d54f37\" tg-width=\"1200\" tg-height=\"630\"></p>\n<p>The market capitalization of cryptocurrencies, as tracked by CoinMarketCap, has exceeded that of the world’s most valuable company&nbsp;<b>Apple Inc</b>.</p>\n<p><b>What Happened:</b>The global cryptocurrency market cap stood at $2.243 trillion at press time, which is more than the iPhone maker’s $2.203 trillion valuation, as defined by its outstanding stock.</p>\n<p>Apple is the world's most valuable publicly-listed company.</p>\n<p>Cryptocurrencies have already eclipsed the second most valuable company by market cap,<b>Microsoft Corporation</b> is worth $1.95 trillion.</p>\n<p>Together cryptocurrencies are also more valuable than&nbsp;<b>Alphabet Inc</b>,<b>Amazon.com, Inc</b>, and&nbsp;<b>Tesla Inc</b>.</p>\n<p>The apex cryptocurrency,<b>BItcoin</b>, has a market capitalization of $1.2 trillion. BTC traded 5.33% higher at $63,860.05 at press time, while the runner’s up in terms of market cap, Ethereum (ETH) was up 9.35% at $2,370.58.</p>\n<p>Both&nbsp;BTC and ETH touched all-time highs&nbsp;on Monday, and have continued to run up since.&nbsp;BTC touched its latest all-time high of $63,835.01 on Monday, while ETH charted another high around press time Tuesday of $2,355.79.</p>\n<p><b>Why It Matters:</b>The cryptocurrency market cap is swelling as the largest cryptocurrency exchange in the United States,<b>Coinbase Global, Inc</b>&nbsp;prepares to liston Wednesday.</p>\n<p>Coinbase has been assigned a reference price of $250 per share by Nasdaq, which values the exchange at 65.3 billion, a number lower than the $89.5 billion figure arrived at as a result of an earlie&nbsp;rprivate market auction.</p>\n<p>Even though BTC is hovering near all-time high levels, it is beginning to&nbsp;lose grip over the cryptocurrency market&nbsp;in terms of market cap dominance. ETH market dominance stood at 12.03% on Tuesday.</p>\n<p>Other cryptocurrencies, which are called altcoins, are also helping&nbsp;push up the worth&nbsp;of the global cryptocurrency pack.</p>\n<p>However, will the cryptocurrency market cap continue to exceed Apple’s in the medium term is questionable. Wedbush analyst Dan Ives believes Apple will hit a&nbsp;$3 trillion market cap by year-end.</p>\n<p><b>Price Action:</b>Apple shares closed nearly 2.4% higher at $134.43 on Tuesday in the regular session and fell nearly 0.2% in after-hours trading.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cryptocurrency Market Overtakes Apple — The World's Most Valuable Company — In Market Capitalization</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCryptocurrency Market Overtakes Apple — The World's Most Valuable Company — In Market Capitalization\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\">2021-04-14 13:38</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><img src=\"https://static.tigerbbs.com/1d4fd60a492940285375780df3d54f37\" tg-width=\"1200\" tg-height=\"630\"></p>\n<p>The market capitalization of cryptocurrencies, as tracked by CoinMarketCap, has exceeded that of the world’s most valuable company&nbsp;<b>Apple Inc</b>.</p>\n<p><b>What Happened:</b>The global cryptocurrency market cap stood at $2.243 trillion at press time, which is more than the iPhone maker’s $2.203 trillion valuation, as defined by its outstanding stock.</p>\n<p>Apple is the world's most valuable publicly-listed company.</p>\n<p>Cryptocurrencies have already eclipsed the second most valuable company by market cap,<b>Microsoft Corporation</b> is worth $1.95 trillion.</p>\n<p>Together cryptocurrencies are also more valuable than&nbsp;<b>Alphabet Inc</b>,<b>Amazon.com, Inc</b>, and&nbsp;<b>Tesla Inc</b>.</p>\n<p>The apex cryptocurrency,<b>BItcoin</b>, has a market capitalization of $1.2 trillion. BTC traded 5.33% higher at $63,860.05 at press time, while the runner’s up in terms of market cap, Ethereum (ETH) was up 9.35% at $2,370.58.</p>\n<p>Both&nbsp;BTC and ETH touched all-time highs&nbsp;on Monday, and have continued to run up since.&nbsp;BTC touched its latest all-time high of $63,835.01 on Monday, while ETH charted another high around press time Tuesday of $2,355.79.</p>\n<p><b>Why It Matters:</b>The cryptocurrency market cap is swelling as the largest cryptocurrency exchange in the United States,<b>Coinbase Global, Inc</b>&nbsp;prepares to liston Wednesday.</p>\n<p>Coinbase has been assigned a reference price of $250 per share by Nasdaq, which values the exchange at 65.3 billion, a number lower than the $89.5 billion figure arrived at as a result of an earlie&nbsp;rprivate market auction.</p>\n<p>Even though BTC is hovering near all-time high levels, it is beginning to&nbsp;lose grip over the cryptocurrency market&nbsp;in terms of market cap dominance. ETH market dominance stood at 12.03% on Tuesday.</p>\n<p>Other cryptocurrencies, which are called altcoins, are also helping&nbsp;push up the worth&nbsp;of the global cryptocurrency pack.</p>\n<p>However, will the cryptocurrency market cap continue to exceed Apple’s in the medium term is questionable. Wedbush analyst Dan Ives believes Apple will hit a&nbsp;$3 trillion market cap by year-end.</p>\n<p><b>Price Action:</b>Apple shares closed nearly 2.4% higher at $134.43 on Tuesday in the regular session and fell nearly 0.2% in after-hours trading.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust","PYPL":"PayPal","COIN":"Coinbase Global, Inc.","AAPL":"苹果","SQ":"Block","TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138981786","content_text":"The market capitalization of cryptocurrencies, as tracked by CoinMarketCap, has exceeded that of the world’s most valuable company Apple Inc.\nWhat Happened:The global cryptocurrency market cap stood at $2.243 trillion at press time, which is more than the iPhone maker’s $2.203 trillion valuation, as defined by its outstanding stock.\nApple is the world's most valuable publicly-listed company.\nCryptocurrencies have already eclipsed the second most valuable company by market cap,Microsoft Corporation is worth $1.95 trillion.\nTogether cryptocurrencies are also more valuable than Alphabet Inc,Amazon.com, Inc, and Tesla Inc.\nThe apex cryptocurrency,BItcoin, has a market capitalization of $1.2 trillion. BTC traded 5.33% higher at $63,860.05 at press time, while the runner’s up in terms of market cap, Ethereum (ETH) was up 9.35% at $2,370.58.\nBoth BTC and ETH touched all-time highs on Monday, and have continued to run up since. BTC touched its latest all-time high of $63,835.01 on Monday, while ETH charted another high around press time Tuesday of $2,355.79.\nWhy It Matters:The cryptocurrency market cap is swelling as the largest cryptocurrency exchange in the United States,Coinbase Global, Inc prepares to liston Wednesday.\nCoinbase has been assigned a reference price of $250 per share by Nasdaq, which values the exchange at 65.3 billion, a number lower than the $89.5 billion figure arrived at as a result of an earlie rprivate market auction.\nEven though BTC is hovering near all-time high levels, it is beginning to lose grip over the cryptocurrency market in terms of market cap dominance. ETH market dominance stood at 12.03% on Tuesday.\nOther cryptocurrencies, which are called altcoins, are also helping push up the worth of the global cryptocurrency pack.\nHowever, will the cryptocurrency market cap continue to exceed Apple’s in the medium term is questionable. Wedbush analyst Dan Ives believes Apple will hit a $3 trillion market cap by year-end.\nPrice Action:Apple shares closed nearly 2.4% higher at $134.43 on Tuesday in the regular session and fell nearly 0.2% in after-hours trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":357,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344374996,"gmtCreate":1618382381515,"gmtModify":1704709951868,"author":{"id":"3572868860672408","authorId":"3572868860672408","name":"Samantha88","avatar":"https://static.tigerbbs.com/17723d2075b69224c864dd5864a34ecb","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3572868860672408","authorIdStr":"3572868860672408"},"themes":[],"htmlText":"Good job&nbsp;","listText":"Good job&nbsp;","text":"Good job","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/344374996","repostId":"1109031420","repostType":4,"isVote":1,"tweetType":1,"viewCount":459,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344375495,"gmtCreate":1618382320217,"gmtModify":1704709950901,"author":{"id":"3572868860672408","authorId":"3572868860672408","name":"Samantha88","avatar":"https://static.tigerbbs.com/17723d2075b69224c864dd5864a34ecb","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3572868860672408","authorIdStr":"3572868860672408"},"themes":[],"htmlText":"Good job&nbsp;","listText":"Good job&nbsp;","text":"Good job","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/344375495","repostId":"1167233243","repostType":4,"isVote":1,"tweetType":1,"viewCount":415,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344375374,"gmtCreate":1618382248598,"gmtModify":1704709949607,"author":{"id":"3572868860672408","authorId":"3572868860672408","name":"Samantha88","avatar":"https://static.tigerbbs.com/17723d2075b69224c864dd5864a34ecb","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3572868860672408","authorIdStr":"3572868860672408"},"themes":[],"htmlText":"Like like like&nbsp;","listText":"Like like like&nbsp;","text":"Like like like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/344375374","repostId":"1193720451","repostType":4,"repost":{"id":"1193720451","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":1618381542,"share":"https://ttm.financial/m/news/1193720451?lang=&edition=fundamental","pubTime":"2021-04-14 14:25","market":"us","language":"en","title":"Is Chinese Giant Automaker Geely Joining Hip Rivals Nio, Xpeng, Li With US Listing?","url":"https://stock-news.laohu8.com/highlight/detail?id=1193720451","media":"Benzinga","summary":"Geely Automobile Holdings Ltd’s GELYF 4.03% parent Zhejiang Geely Holding Group Co and among China’s","content":"<p><b>Geely Automobile Holdings Ltd’s</b>&nbsp;GELYF 4.03%&nbsp;parent&nbsp;Zhejiang Geely Holding Group Co and among China’s largest automakers that owns multiple brands, is in talks to sponsor two blank-check acquisition deals,&nbsp;reports&nbsp;the Wall Street Journal.</p><p><b>What Happened:</b>&nbsp;The multinational company that also owns Volvo Car Group is in talks to sponsor a $300 million special purpose acquisition company&nbsp;for&nbsp;a Nasdaq listing and another SPAC to list the Swedish-electric vehicle maker Polestar, the report said — citing people familiar with the matter.</p><p>The Hangzhou-based group plans to list Polestar, owned by Volvo Cars and Geely, through a different SPAC in a transaction that could value the business at as much as $40 billion and would be one of the most valuable SPAC mergers.</p><p>Polestar focuses on high-performance electric cars and is currently wrapping up a Series A fundraising round that will value the startup at $7 billion and it's aiming for a Series B fundraising that could boost its valuation to $20 billion by the end of June, before merging with a SPAC to go public, the report said.</p><p>The group, which also owns many electric vehicle brands, is discussing creating a SPAC with its Hong Kong-based venture arm, GLY Capital Management. The funds raised by the new company could give Geely a war chest as it ramps up investments in new technology such as electrification and artificial intelligence.</p><p>Bloomberg Newsreportedlast month that Geely is weighing reviving IPO plans for its Volvo Cars unit that could value the business at around $20 billion.</p><p><b>Why It Matters:</b>&nbsp;Geely is playing catch-up even as rivals such as<b>Tesla Inc</b>TSLA 8.6%,<b>BYD Co</b>BYDDF 2.61%, and others have established themselves&nbsp;while its electric brands have sold poorly in China.</p><p>The values of the U.S.-listed Chinese electric-vehicle companies<b>Li Auto Inc</b>LI 0.18%,<b>Nio Inc</b>NIO 3.65%,&nbsp;and<b>XPeng Inc</b>XPEV 4.37%have burgeoned in recent months and positioning them with valuations far in excess of Geely’s.</p><p><b>Price Action:</b>&nbsp;Shares of Geely closed 4.03% higher at $2.58 on Tuesday, those of Xpeng 4.38% higher at $35.47, Nio 3.6% higher at $38.48, and Li Auto closed 0.18% higher at $21.82.</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>Is Chinese Giant Automaker Geely Joining Hip Rivals Nio, Xpeng, Li With US Listing?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Chinese Giant Automaker Geely Joining Hip Rivals Nio, Xpeng, Li With US Listing?\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\">2021-04-14 14:25</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>Geely Automobile Holdings Ltd’s</b>&nbsp;GELYF 4.03%&nbsp;parent&nbsp;Zhejiang Geely Holding Group Co and among China’s largest automakers that owns multiple brands, is in talks to sponsor two blank-check acquisition deals,&nbsp;reports&nbsp;the Wall Street Journal.</p><p><b>What Happened:</b>&nbsp;The multinational company that also owns Volvo Car Group is in talks to sponsor a $300 million special purpose acquisition company&nbsp;for&nbsp;a Nasdaq listing and another SPAC to list the Swedish-electric vehicle maker Polestar, the report said — citing people familiar with the matter.</p><p>The Hangzhou-based group plans to list Polestar, owned by Volvo Cars and Geely, through a different SPAC in a transaction that could value the business at as much as $40 billion and would be one of the most valuable SPAC mergers.</p><p>Polestar focuses on high-performance electric cars and is currently wrapping up a Series A fundraising round that will value the startup at $7 billion and it's aiming for a Series B fundraising that could boost its valuation to $20 billion by the end of June, before merging with a SPAC to go public, the report said.</p><p>The group, which also owns many electric vehicle brands, is discussing creating a SPAC with its Hong Kong-based venture arm, GLY Capital Management. The funds raised by the new company could give Geely a war chest as it ramps up investments in new technology such as electrification and artificial intelligence.</p><p>Bloomberg Newsreportedlast month that Geely is weighing reviving IPO plans for its Volvo Cars unit that could value the business at around $20 billion.</p><p><b>Why It Matters:</b>&nbsp;Geely is playing catch-up even as rivals such as<b>Tesla Inc</b>TSLA 8.6%,<b>BYD Co</b>BYDDF 2.61%, and others have established themselves&nbsp;while its electric brands have sold poorly in China.</p><p>The values of the U.S.-listed Chinese electric-vehicle companies<b>Li Auto Inc</b>LI 0.18%,<b>Nio Inc</b>NIO 3.65%,&nbsp;and<b>XPeng Inc</b>XPEV 4.37%have burgeoned in recent months and positioning them with valuations far in excess of Geely’s.</p><p><b>Price Action:</b>&nbsp;Shares of Geely closed 4.03% higher at $2.58 on Tuesday, those of Xpeng 4.38% higher at $35.47, Nio 3.6% higher at $38.48, and Li Auto closed 0.18% higher at $21.82.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GELYY":"吉利汽车ADR","00175":"吉利汽车"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193720451","content_text":"Geely Automobile Holdings Ltd’s GELYF 4.03% parent Zhejiang Geely Holding Group Co and among China’s largest automakers that owns multiple brands, is in talks to sponsor two blank-check acquisition deals, reports the Wall Street Journal.What Happened: The multinational company that also owns Volvo Car Group is in talks to sponsor a $300 million special purpose acquisition company for a Nasdaq listing and another SPAC to list the Swedish-electric vehicle maker Polestar, the report said — citing people familiar with the matter.The Hangzhou-based group plans to list Polestar, owned by Volvo Cars and Geely, through a different SPAC in a transaction that could value the business at as much as $40 billion and would be one of the most valuable SPAC mergers.Polestar focuses on high-performance electric cars and is currently wrapping up a Series A fundraising round that will value the startup at $7 billion and it's aiming for a Series B fundraising that could boost its valuation to $20 billion by the end of June, before merging with a SPAC to go public, the report said.The group, which also owns many electric vehicle brands, is discussing creating a SPAC with its Hong Kong-based venture arm, GLY Capital Management. The funds raised by the new company could give Geely a war chest as it ramps up investments in new technology such as electrification and artificial intelligence.Bloomberg Newsreportedlast month that Geely is weighing reviving IPO plans for its Volvo Cars unit that could value the business at around $20 billion.Why It Matters: Geely is playing catch-up even as rivals such asTesla IncTSLA 8.6%,BYD CoBYDDF 2.61%, and others have established themselves while its electric brands have sold poorly in China.The values of the U.S.-listed Chinese electric-vehicle companiesLi Auto IncLI 0.18%,Nio IncNIO 3.65%, andXPeng IncXPEV 4.37%have burgeoned in recent months and positioning them with valuations far in excess of Geely’s.Price Action: Shares of Geely closed 4.03% higher at $2.58 on Tuesday, those of Xpeng 4.38% higher at $35.47, Nio 3.6% higher at $38.48, and Li Auto closed 0.18% higher at $21.82.","news_type":1},"isVote":1,"tweetType":1,"viewCount":198,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":344374446,"gmtCreate":1618382453985,"gmtModify":1704709951546,"author":{"id":"3572868860672408","authorId":"3572868860672408","name":"Samantha88","avatar":"https://static.tigerbbs.com/17723d2075b69224c864dd5864a34ecb","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3572868860672408","idStr":"3572868860672408"},"themes":[],"htmlText":"Keep it up&nbsp;","listText":"Keep it up&nbsp;","text":"Keep it up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/344374446","repostId":"2127322043","repostType":4,"isVote":1,"tweetType":1,"viewCount":210,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105931321,"gmtCreate":1620262876963,"gmtModify":1704340952812,"author":{"id":"3572868860672408","authorId":"3572868860672408","name":"Samantha88","avatar":"https://static.tigerbbs.com/17723d2075b69224c864dd5864a34ecb","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3572868860672408","idStr":"3572868860672408"},"themes":[],"htmlText":"Thank u&nbsp;","listText":"Thank u&nbsp;","text":"Thank u","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105931321","repostId":"2133584525","repostType":4,"isVote":1,"tweetType":1,"viewCount":338,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344100238,"gmtCreate":1618382709324,"gmtModify":1704709954786,"author":{"id":"3572868860672408","authorId":"3572868860672408","name":"Samantha88","avatar":"https://static.tigerbbs.com/17723d2075b69224c864dd5864a34ecb","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3572868860672408","idStr":"3572868860672408"},"themes":[],"htmlText":"Like me and comment&nbsp;pls thank u&nbsp;","listText":"Like me and comment&nbsp;pls thank u&nbsp;","text":"Like me and comment pls thank u","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/344100238","repostId":"2127322043","repostType":4,"repost":{"id":"2127322043","pubTimestamp":1618378096,"share":"https://ttm.financial/m/news/2127322043?lang=&edition=fundamental","pubTime":"2021-04-14 13:28","market":"us","language":"en","title":"Bank stocks rally is not over: analyst","url":"https://stock-news.laohu8.com/highlight/detail?id=2127322043","media":"Yahoo Finance","summary":"Optimism over the post-pandemic economy is building as the vaccine rollout continues, a theme that w","content":"<p>Optimism over the post-pandemic economy is building as the vaccine rollout continues, a theme that will likely carry through the large banks’ earnings reports due this week.</p>\n<p>Bank stocks were among the worst performing stocks in the teeth of the pandemic. But an improving economic outlook has had investors piling into financials since late last year, raising the question: can the bank stocks extend the rally?</p>\n<p>“There’s more to go with the catch-up trade for bank stocks,” said Mike Mayo, senior equity analyst at Wells Fargo.</p>\n<p>One positive development for banks is higher longer-term interest rates.</p>\n<p>With job gains surging in March and consumer confidence rising to the highest levels seen during the pandemic, longer-term bond yields have tilted higher. The U.S. 10-year Treasury has gained as much as 65 basis points since mid-January.</p>\n<p>Those rising bond yields suggest that banks are able to lend at higher rates, which in theory should be positive for earnings.</p>\n<p>Banks could also offer guidance this week on another potential driver: loan growth.</p>\n<p>Deutsche Bank Research analyst Matt O’Connor expects loan paydowns from stimulus checks to keep loan growth slow for now, but says a more developed vaccine rollout later this year could tee up strong spending this holiday season and beyond.</p>\n<p>“There could be another 30%-50% upside in bank stocks over the next 2-3 years,” O’Connor wrote in a client note, framing an argument for bank stocks being cheap at the moment.</p>\n<h2><b>Loan loss reserves</b></h2>\n<p>Analysts will also be closely watching the large banks for how they are managing the billions of dollars in buffers set aside last year to absorb possible loan losses.</p>\n<p>In recent quarters, banks have begun releasing the so-called allowance for loan losses. In January, the big four (JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo) released $5.7 billion in reserves set aside last year to absorb loan losses.</p>\n<p>But the firms still had $91 billion in total reserves as of the last reported quarter, more than double pre-pandemic levels. Management said in January that they were conservative on their provisioning because of the uncertainty over whether or not the banking industry had weathered the full storm of loan delinquencies.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/afb9f80d432178a391089017b25092cd\" tg-width=\"3530\" tg-height=\"2194\"><span>A combination file photo shows Wells Fargo, Citigbank, <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>, JPMorgan Chase, Bank of America, JPMorgan, and Goldman Sachs from Reuters archive. REUTERS/File PhotosREUTERS FILE PHOTO / Reuters</span></p>\n<p>Mayo said that the vaccine rollout, a fresh round of $1.9 trillion in federal stimulus, and the improving outlook should allow banks to pull-forward more reserve releases to this quarter.</p>\n<p>“These reserves for problem loans are really based on your forecasts and how you feel, so credit quality should be much better,” Mayo told Yahoo Finance Tuesday.</p>\n<p>Not all analysts expect the same.</p>\n<p>RBC Capital Markets analyst Gerard Cassidy said he actually expects banks to increase loan loss provisions on a quarter-over-quarter basis, although he acknowledges that his forecasts “may prove to be too conservative.”</p>\n<p>JPMorgan Chase (JPM), Goldman Sachs (GS) and Wells Fargo (WFC) will kick off earnings season on Wednesday morning. Bank of America (BAC) and Citigroup (C) will report on Thursday with Morgan Stanley (MS) due on Friday.</p>","source":"yahoofinance_sg","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>Bank stocks rally is not over: analyst</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\">\nBank stocks rally is not over: analyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-14 13:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/bank-stocks-rally-is-not-over-analyst-180909556.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Optimism over the post-pandemic economy is building as the vaccine rollout continues, a theme that will likely carry through the large banks’ earnings reports due this week.\nBank stocks were among the...</p>\n\n<a href=\"https://finance.yahoo.com/news/bank-stocks-rally-is-not-over-analyst-180909556.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WFC":"富国银行","C":"花旗","JPM":"摩根大通","MS":"摩根士丹利","BAC":"美国银行","GS":"高盛"},"source_url":"https://finance.yahoo.com/news/bank-stocks-rally-is-not-over-analyst-180909556.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2127322043","content_text":"Optimism over the post-pandemic economy is building as the vaccine rollout continues, a theme that will likely carry through the large banks’ earnings reports due this week.\nBank stocks were among the worst performing stocks in the teeth of the pandemic. But an improving economic outlook has had investors piling into financials since late last year, raising the question: can the bank stocks extend the rally?\n“There’s more to go with the catch-up trade for bank stocks,” said Mike Mayo, senior equity analyst at Wells Fargo.\nOne positive development for banks is higher longer-term interest rates.\nWith job gains surging in March and consumer confidence rising to the highest levels seen during the pandemic, longer-term bond yields have tilted higher. The U.S. 10-year Treasury has gained as much as 65 basis points since mid-January.\nThose rising bond yields suggest that banks are able to lend at higher rates, which in theory should be positive for earnings.\nBanks could also offer guidance this week on another potential driver: loan growth.\nDeutsche Bank Research analyst Matt O’Connor expects loan paydowns from stimulus checks to keep loan growth slow for now, but says a more developed vaccine rollout later this year could tee up strong spending this holiday season and beyond.\n“There could be another 30%-50% upside in bank stocks over the next 2-3 years,” O’Connor wrote in a client note, framing an argument for bank stocks being cheap at the moment.\nLoan loss reserves\nAnalysts will also be closely watching the large banks for how they are managing the billions of dollars in buffers set aside last year to absorb possible loan losses.\nIn recent quarters, banks have begun releasing the so-called allowance for loan losses. In January, the big four (JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo) released $5.7 billion in reserves set aside last year to absorb loan losses.\nBut the firms still had $91 billion in total reserves as of the last reported quarter, more than double pre-pandemic levels. Management said in January that they were conservative on their provisioning because of the uncertainty over whether or not the banking industry had weathered the full storm of loan delinquencies.\nA combination file photo shows Wells Fargo, Citigbank, Morgan Stanley, JPMorgan Chase, Bank of America, JPMorgan, and Goldman Sachs from Reuters archive. REUTERS/File PhotosREUTERS FILE PHOTO / Reuters\nMayo said that the vaccine rollout, a fresh round of $1.9 trillion in federal stimulus, and the improving outlook should allow banks to pull-forward more reserve releases to this quarter.\n“These reserves for problem loans are really based on your forecasts and how you feel, so credit quality should be much better,” Mayo told Yahoo Finance Tuesday.\nNot all analysts expect the same.\nRBC Capital Markets analyst Gerard Cassidy said he actually expects banks to increase loan loss provisions on a quarter-over-quarter basis, although he acknowledges that his forecasts “may prove to be too conservative.”\nJPMorgan Chase (JPM), Goldman Sachs (GS) and Wells Fargo (WFC) will kick off earnings season on Wednesday morning. Bank of America (BAC) and Citigroup (C) will report on Thursday with Morgan Stanley (MS) due on Friday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":408,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344374996,"gmtCreate":1618382381515,"gmtModify":1704709951868,"author":{"id":"3572868860672408","authorId":"3572868860672408","name":"Samantha88","avatar":"https://static.tigerbbs.com/17723d2075b69224c864dd5864a34ecb","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3572868860672408","idStr":"3572868860672408"},"themes":[],"htmlText":"Good job&nbsp;","listText":"Good job&nbsp;","text":"Good job","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/344374996","repostId":"1109031420","repostType":4,"repost":{"id":"1109031420","pubTimestamp":1618379266,"share":"https://ttm.financial/m/news/1109031420?lang=&edition=fundamental","pubTime":"2021-04-14 13:47","market":"us","language":"en","title":"Tesla Stock Forecast: Who Will Be The Biggest Competitors By 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=1109031420","media":"seekingalpha","summary":"Summary\n\nTSLA has been a highly rewarding stock with related ETFs appreciating correspondingly, crea","content":"<p><b>Summary</b></p>\n<ul>\n <li>TSLA has been a highly rewarding stock with related ETFs appreciating correspondingly, creating a virtuous cycle.</li>\n <li>However, if the halo starts to unravel, TSLA could suffer and the share price begins its decline.</li>\n <li>Tesla stock is not priced for its achievements today but what it could be going into the future.</li>\n <li>Combining projections by industry analysts on the market size of BEVs and forecasts on Tesla's sales, there appears to be a huge mismatch on expectations by either side.</li>\n <li>Chinese EV-makers could pose serious threats to Tesla's dominance of the EV market.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/aaa0830ab38e480c60dc0495856085a7\" tg-width=\"1536\" tg-height=\"1047\"><span>Photo by Justin Sullivan/Getty Images News via Getty Images</span></p>\n<p><b>Tesla, highly rewarding investment in the past year</b></p>\n<p>The clear leader in the electric vehicle space today, Tesla, Inc. (TSLA), has proven many naysayers wrong as its valuation soared higher than every traditional car manufacturer and more. In the process, many shareholders are laughing to the bank with the share price rising more than eight times in the past year.</p>\n<p><img src=\"https://static.tigerbbs.com/31ed897779f72ab8f9c42493c0c0a97b\" tg-width=\"640\" tg-height=\"451\"></p>\n<p>Investors in funds that hold Tesla stock such as the various ARK ETFs (ARKK)(ARKW)(ARKQ) and numerous other ETFs are also enjoying the ride up. According to<i>ETF Database</i>, there are 268 ETFs with exposure to Tesla Inc. Of these, the Simplify Volt Pop Culture Disruption ETF (VCAR) has the largest exposure to Tesla with the EV-maker having a 16.3 percent weighting in its portfolio. The iShares U.S. Consumer Goods ETF (IYK) follows close behind at 16.1 percent.</p>\n<p>Top 10 ETFs with the highest weighting on Tesla (as of April 5, 2021)</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f339760ad6b84e6fe7ce1cde0b28a52b\" tg-width=\"815\" tg-height=\"707\"><span>Source: ETF Database</span></p>\n<p>The allure of having Tesla as the top or one of the major holdings of an ETF is irresistible. ETFs like the US Vegan Climate ETF (VEGN), whose name suggests something to do with food or agriculture, have Tesla as the highest weighted holding at 6.1 percent of the portfolio.</p>\n<p>This brings us to a potential party spoiler. As the share price of Tesla climbs, market players get more enamored with the brand and its story, enticing more investors to get on board. Likewise, the associated ETFs see heightened interest and appreciation. In turn, the fund managers would have to buy more Tesla shares with the inflows. This results in a virtuous cycle.</p>\n<p>Unfortunately, it's not a one-way street. If the halo starts to unravel, TSLA could suffer and the share price begins its decline. The bevy of related funds would experience withdrawals correspondingly and a downward spiral ensues in a race to the bottom. This undesirable scenario could come true if Tesla's autonomous fleet failed to materialize and it has to rely on the sale of EVs for an extended period.</p>\n<p><b>How large is the EV market expected to grow by 2025 and what is Tesla's expected market share?</b></p>\n<p>Don't get me wrong. I am not a Tesla-basher. I have written several bullish articles on Tesla including&nbsp;<i>Shorting Tesla On Elon Musk's Earnings Call 'Tantrum' Would Be A Mistake</i>&nbsp;and&nbsp;<i>Chinese EVs Are Making Tesla Look Cheap.</i>However, to be a responsible writer, it's imperative to share my thoughts on the adverse scenario as well.</p>\n<p>With government policies and environmentally aware consumers supporting the shift to electric vehicles, industry analysts are projecting strong growth in EV sales at the expense of conventional ones. The share of new car sales of EVs could jump from a low single-digits percentage presently to around 15 percent by 2025. That corresponds to around 20 million new sales of EVs in 2025.</p>\n<p><img src=\"https://static.tigerbbs.com/0cd810d4171606b50d186b8d9bf10bf5\" tg-width=\"640\" tg-height=\"479\"></p>\n<p>How much of this pie would belong to Elon Musk's Tesla? According to Mario Herger, a prominent technology analyst based in Silicon Valley,Tesla could be selling&nbsp;as many as 5.1 million vehicles per year by 2025, if we calculate the average growth value over the last 7 years of 59 percent. This represents around one-quarter of the 20 million new sales of EVs in 2025 as estimated by Canalys.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7f081d43d8e7a359eaf2ee3f8ee33c56\" tg-width=\"640\" tg-height=\"493\"><span>Source: The Last Driver License Holder</span></p>\n<p>A projection posted on EV blog CleanTechnica has a slightly higher forecast of&nbsp;5.6 million sales for Tesla&nbsp;in 2025. That would bump the supposed Tesla market share to 28 percent. Note that this projection should be viewed as a rather generous one considering the Model 2 is expected to form the bulk of the sales at 3 million units, followed by 1 million units each for Model Y and the Cybertruck.</p>\n<p>Model 2 is only a hypothetical future model and recent reports&nbsp;noted&nbsp;the company has been quiet on this entry-level Tesla. The forecast for the sales to start with 200 vehicles in 2022, quadrupling to 800 in 2023, and then doubling in 2024, and a near doubling in 2025 would hinge on the demand truly matching expectations and the production being able to ramp up that quickly. Similarly, Cybertruck has not been released.</p>\n<p>Yet, either estimate would only fall near \"a plausible case\" in which ARK Invest deemed to be on the pessimistic side out of 40,000 simulations. That \"Example Bear Case 2025\" estimated that Tesla would sell 5 million cars.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d779938fc3d5f9fec52514f241b4b511\" tg-width=\"640\" tg-height=\"338\"><span>Source: ARK Invest</span></p>\n<p>At the other end, Tesla could see a doubling in sales, selling as many as 10 million cars based on the \"Example Bull Case\". That would bring its share of EV sales to half the global total. This level of sales would mean Tesla increase its 2020 sales by 20 times in five years. Taking half the world's EV market justifies Tesla's rich valuation multiples and outstanding market cap against the other EV players, even neglecting the contribution from its touted potential autonomous ride-hailing business. However, is that sales forecast realistic?</p>\n<p><img src=\"https://static.tigerbbs.com/cfaae540ca0063a35b9f79227e9421cb\" tg-width=\"640\" tg-height=\"535\"></p>\n<p><b>China is not a winner-take-all market</b></p>\n<p>A large premise for the substantial rise in EV sales is the big shift in China thanks to policy support. The share of EV sales in China of the total car sales has been higher than other regions and its lead would become more pronounced in the next few years.</p>\n<p><img src=\"https://static.tigerbbs.com/e465989d1c2b4d2ccc80395779623fe8\" tg-width=\"640\" tg-height=\"375\"></p>\n<p>It should be noted that in China, the Tesla brand and the aura of Elon Musk are very strong. Hence, it's not surprising to know that it's the dream of many Chinese to own a Tesla car. Nonetheless, dreams can be very different from reality and car buyers generally end up with other brands either due to affordability issues or features that its rivals provide.</p>\n<p>Tesla cars are no doubt experiencing robust sales currently. However, a large driver has been the eagerness of early adopters and the appeal of scarcity. It would be erroneous to assume that Tesla can simply ride the growth in the EV market in the same proportion as it started. The buyers coming in subsequently would comprise those who are attracted by the low price points offered by Tesla competitors or features relevant to their needs such as NIO, Inc.'s (NIO) battery-as-a-service (BaaS) option.</p>\n<p>Expanding on this point, it's worthy to highlight there are several types of electric vehicles. Besides the Battery Electric Vehicles (BEVs) that Tesla cars are known for, there are also Hybrid Electric Vehicles (HEVs) that use an electric motor to assist gas-powered engines. Unlike HEVs which are wholly reliant on gasoline, Plug-in Hybrid Electric Vehicles (PHEVs) have both a gas tank and a charging port. They also come with a larger battery and electric motor.</p>\n<p>Mild Hybrid Electric Vehicles (MHEVs) are projected to become the most popular EV option by far in the coming years. Mild Hybrid cars are like a lite-version of PHEVs - their electric motors are employed to support the engine only during acceleration and cruising and the electric motor cannot power the car on its own. According to estimates from Boston Consulting Group [BCG], the share of MHEVs could even surpass that of diesel-powered cars by 2023 to become the second most popular powertrain type after gasoline-powered ones.</p>\n<p><img src=\"https://static.tigerbbs.com/7bc9a919aacd05dee8f555db546113c2\" tg-width=\"640\" tg-height=\"348\"></p>\n<p>Since Tesla has no stated ambitions to compete in the other EV categories, it follows that it will fight with the other BEV-makers for that 7 percent share of the total global car sales of around 108 million in 2025. That calculates to be around 7.56 million BEV cars, falling right in the middle of the 5-10 million Tesla car sales under the bear and bull cases churned out by ARK Invest.</p>\n<p>In other words, taking the bull case of 10 million car sales by Tesla in 2025, the company would be responsible for more BEVs than the entire projected BEV market. Taking the bear case of 5 million cars, Tesla would account for around two-thirds of the total BEV sales in the world. This sounds rather improbable, considering the bevy of EV-maker wannabes sprouting up in recent years, with more to come.</p>\n<p><b>Who are Tesla's largest EV competitors to watch for?</b></p>\n<p>It's tempting to shout out the names of the large car manufacturers today (e.g. Toyota Motor Corporation (TM)(OTCPK:TOYOF) and Volkswagen AG (OTCPK:VWAGY)(OTCPK:VLKAF)) and call them the biggest threat to Tesla. Nonetheless, considering how the then-leading mobile phone company Nokia Corporation (NOK)(OTCPK:NOKBF) and near-smartphone maker BlackBerry Limited (BB) failed to impede Apple Inc. (AAPL) from displacing the duo, I am wary to suggest it would be different for the EV industry.</p>\n<p>On the other hand, Chinese EV-makers like NIO Inc., XPeng Inc. (XPEV) are in a sweet spot. They have the advantage of an attractive home base where the largest demand growth is and an abundance of generous government incentives to spur the take-up of electric vehicles.</p>\n<p>For instance, Chinese Premier Li Keqiang said during an address in March to the National People's Congress that the government will help multiply the number of EV charging stations and battery-swapping facilities. The former will diminish a key benefit of owning a Tesla versus other BEVs - the privilege of access to Tesla Superchargers. The latter would boost the convenience of BaaS, a major selling point of NIO cars.</p>\n<p>A key advantage of Tesla Superchargers is that car batteries get recharged significantly more quickly than a typical charger. For NIO car owners, charging time is not an issue at all since they can drive to a battery-swapping point and get their drained batteries replaced with fully charged ones in minutes.</p>\n<p>On the technology front, Xpeng Motors announced last month that its Navigation Guide Pilot (NGP) function, which enables navigation-assisted autonomous driving on highways, is&nbsp;superior to Tesla's&nbsp;Navigate on Autopilot [NOA] on several critical metrics.Xpeng revealed&nbsp;that during its 3,000 km navigation-assisted autonomous driving expedition in March, China's longest real highway autonomous driving test on mass-produced vehicles, it achieved the lowest rate of human driver intervention per 100km on record. Under the control of the NGP, the average success rate for lane changing and overtaking was 94.41 percent during the 8-day expedition, surpassing Tesla.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1cad1e0cf6556d1999f12975cead5915\" tg-width=\"640\" tg-height=\"357\"><span>Source: XPeng</span></p>\n<p>I suspect that Tesla's autonomous driving capabilities in China may not be as robust as they are in the U.S. where most of the miles were chalked up and the bulk of the autonomous driving \"training\" was done. Thus, the result comparison could have been starker if Tesla's numbers are based on tests on China's roads.</p>\n<p>Another not-so-secret sauce for Xpeng's autonomous driving strength is its use of Alibaba Group's (BABA) map platform AutoNavi (Gaode map in Chinese). Alibaba is a substantial and early shareholder in Xpeng. AutoNavi's constantly updated high-definition maps enable Xpeng to navigate in adverse weather conditions or places with poor signal such as in tunnels. In contrast, Elon Musk has long eschewed the dependency on maps to avoid the failure of AV when real-world changes have yet to be captured by the map.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4a3eae32fc056956312901e92142058c\" tg-width=\"640\" tg-height=\"360\"><span>Source: XPeng</span></p>\n<p>Even if there is genuine demand for electric vehicles, manufacturers need to be able to meet the matching output. As noted earlier, to achieve merely the bear case put out by ARK Invest, Tesla would need to ramp up its production by 20 folds in the next five years.</p>\n<p>Where else can Tesla achieve this on the scale and speed required other than China? Elon Musk expressed his amazement in 2019 over the breakneck speed Tesla's Shanghai plant was completed and readied itself for commercial production. The substantially lower manufacturing cost in China further seals the case of expansion in the populous country. Tesla estimated that the cost per unit capacity for the Model 3 production line in Shanghai is expected to be&nbsp;50 percent lower&nbsp;than that in the United States.</p>\n<p>Unfortunately for Tesla, even if the Chinese government is willing to provide it with more land for new factories, the big question is whether the California-based company is willing to sink itself deeper into what President Joseph Biden termed as the greatest political and economic adversary to the U.S.</p>\n<p>With Beijing having pledged to have the world's second-largest economy become a global leader in new energy vehicles (NEVs), Chinese EV-makers are riding high on official support in various aspects of the business. That includes the building of new plants.</p>\n<p>Recently, Xpeng signed a&nbsp;cooperation agreement&nbsp;with the City of Wuhan to build a new \"Smart EV\" manufacturing base. The new facility will have an annual capacity of 100,000 units with manufacturing and powertrain plants. The development is noteworthy due to the strategic location of Wuhan which is affectionately called the Detroit of China.</p>\n<p>I expect Xpeng to enter into more of such collaborative efforts with dozens of potential cities as it scales up its production capacity. The planned new factory comes less than a year after its first assembly facility went online. Likewise, its peers like NIO, Berkshire Hathaway-backed (BRK.A)(BRK.B) BYD Company Limited (OTCPK:BYDDF)(OTCPK:BYDDY), and Li Auto Inc. (LI) would do the same as they expand output to meet the ravenous appetite for EVs in the coming years.</p>\n<p>At the same time, the other allure of Tesla being its autonomous ride-hailing business opportunity could be threatened by alternative offerings. Besides XPeng, Chinese search engine leader Baidu, Inc. (BIDU) has announced venturing into the EV space to showcase its autonomous capabilities as it endeavors to partner with more industry players.</p>\n<p>The EV market is deemed so lucrative that smartphone and Internet-of-Things appliance-maker Xiaomi Corporation (OTC:XIACF) has entered the fray, announcing its intention to&nbsp;produce self-branded electric cars. The sheer number of qualified players cast serious doubts about Tesla's ability to secure the projected ultra-dominant share of the EV sales in 2025.</p>\n<p><b>Investor Takeaway</b></p>\n<p>Tesla has been a wonderful investment for shareholders who have bought into the shares prior to the run-up last year. The question is whether the stock has gotten ahead of itself with its valuation arguably rich, especially when compared with the more established carmakers.</p>\n<p>Projections of Tesla's sales figures in 2025 put its market share of the total global EV sales to a mouth-watering level which is not reasonable given the plethora of competitors presently and emerging. The government support for the Chinese EV-makers is further raising the gauntlet.</p>\n<p>Tesla could remain an excellent EV-maker and benefit commercially from a fleet of autonomous ride-hailing in the future. However, the stock could stagnant in the near term and offer limited appreciation given a rosy scenario has apparently been priced in.</p>\n<p>A greater-than-expected upside is possible if the rate of EV adoption in the world accelerates, Tesla receives higher regulatory credits for each sale, and its ride-hailing business achieves a better-than-expected take-rate.</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>Tesla Stock Forecast: Who Will Be The Biggest Competitors By 2025</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\">\nTesla Stock Forecast: Who Will Be The Biggest Competitors By 2025\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-14 13:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4418818-tesla-stock-forecast-biggest-competition-2025><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nTSLA has been a highly rewarding stock with related ETFs appreciating correspondingly, creating a virtuous cycle.\nHowever, if the halo starts to unravel, TSLA could suffer and the share price...</p>\n\n<a href=\"https://seekingalpha.com/article/4418818-tesla-stock-forecast-biggest-competition-2025\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","TSLA":"特斯拉","XPEV":"小鹏汽车","LI":"理想汽车"},"source_url":"https://seekingalpha.com/article/4418818-tesla-stock-forecast-biggest-competition-2025","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1109031420","content_text":"Summary\n\nTSLA has been a highly rewarding stock with related ETFs appreciating correspondingly, creating a virtuous cycle.\nHowever, if the halo starts to unravel, TSLA could suffer and the share price begins its decline.\nTesla stock is not priced for its achievements today but what it could be going into the future.\nCombining projections by industry analysts on the market size of BEVs and forecasts on Tesla's sales, there appears to be a huge mismatch on expectations by either side.\nChinese EV-makers could pose serious threats to Tesla's dominance of the EV market.\n\nPhoto by Justin Sullivan/Getty Images News via Getty Images\nTesla, highly rewarding investment in the past year\nThe clear leader in the electric vehicle space today, Tesla, Inc. (TSLA), has proven many naysayers wrong as its valuation soared higher than every traditional car manufacturer and more. In the process, many shareholders are laughing to the bank with the share price rising more than eight times in the past year.\n\nInvestors in funds that hold Tesla stock such as the various ARK ETFs (ARKK)(ARKW)(ARKQ) and numerous other ETFs are also enjoying the ride up. According toETF Database, there are 268 ETFs with exposure to Tesla Inc. Of these, the Simplify Volt Pop Culture Disruption ETF (VCAR) has the largest exposure to Tesla with the EV-maker having a 16.3 percent weighting in its portfolio. The iShares U.S. Consumer Goods ETF (IYK) follows close behind at 16.1 percent.\nTop 10 ETFs with the highest weighting on Tesla (as of April 5, 2021)\nSource: ETF Database\nThe allure of having Tesla as the top or one of the major holdings of an ETF is irresistible. ETFs like the US Vegan Climate ETF (VEGN), whose name suggests something to do with food or agriculture, have Tesla as the highest weighted holding at 6.1 percent of the portfolio.\nThis brings us to a potential party spoiler. As the share price of Tesla climbs, market players get more enamored with the brand and its story, enticing more investors to get on board. Likewise, the associated ETFs see heightened interest and appreciation. In turn, the fund managers would have to buy more Tesla shares with the inflows. This results in a virtuous cycle.\nUnfortunately, it's not a one-way street. If the halo starts to unravel, TSLA could suffer and the share price begins its decline. The bevy of related funds would experience withdrawals correspondingly and a downward spiral ensues in a race to the bottom. This undesirable scenario could come true if Tesla's autonomous fleet failed to materialize and it has to rely on the sale of EVs for an extended period.\nHow large is the EV market expected to grow by 2025 and what is Tesla's expected market share?\nDon't get me wrong. I am not a Tesla-basher. I have written several bullish articles on Tesla including Shorting Tesla On Elon Musk's Earnings Call 'Tantrum' Would Be A Mistake and Chinese EVs Are Making Tesla Look Cheap.However, to be a responsible writer, it's imperative to share my thoughts on the adverse scenario as well.\nWith government policies and environmentally aware consumers supporting the shift to electric vehicles, industry analysts are projecting strong growth in EV sales at the expense of conventional ones. The share of new car sales of EVs could jump from a low single-digits percentage presently to around 15 percent by 2025. That corresponds to around 20 million new sales of EVs in 2025.\n\nHow much of this pie would belong to Elon Musk's Tesla? According to Mario Herger, a prominent technology analyst based in Silicon Valley,Tesla could be selling as many as 5.1 million vehicles per year by 2025, if we calculate the average growth value over the last 7 years of 59 percent. This represents around one-quarter of the 20 million new sales of EVs in 2025 as estimated by Canalys.\nSource: The Last Driver License Holder\nA projection posted on EV blog CleanTechnica has a slightly higher forecast of 5.6 million sales for Tesla in 2025. That would bump the supposed Tesla market share to 28 percent. Note that this projection should be viewed as a rather generous one considering the Model 2 is expected to form the bulk of the sales at 3 million units, followed by 1 million units each for Model Y and the Cybertruck.\nModel 2 is only a hypothetical future model and recent reports noted the company has been quiet on this entry-level Tesla. The forecast for the sales to start with 200 vehicles in 2022, quadrupling to 800 in 2023, and then doubling in 2024, and a near doubling in 2025 would hinge on the demand truly matching expectations and the production being able to ramp up that quickly. Similarly, Cybertruck has not been released.\nYet, either estimate would only fall near \"a plausible case\" in which ARK Invest deemed to be on the pessimistic side out of 40,000 simulations. That \"Example Bear Case 2025\" estimated that Tesla would sell 5 million cars.\nSource: ARK Invest\nAt the other end, Tesla could see a doubling in sales, selling as many as 10 million cars based on the \"Example Bull Case\". That would bring its share of EV sales to half the global total. This level of sales would mean Tesla increase its 2020 sales by 20 times in five years. Taking half the world's EV market justifies Tesla's rich valuation multiples and outstanding market cap against the other EV players, even neglecting the contribution from its touted potential autonomous ride-hailing business. However, is that sales forecast realistic?\n\nChina is not a winner-take-all market\nA large premise for the substantial rise in EV sales is the big shift in China thanks to policy support. The share of EV sales in China of the total car sales has been higher than other regions and its lead would become more pronounced in the next few years.\n\nIt should be noted that in China, the Tesla brand and the aura of Elon Musk are very strong. Hence, it's not surprising to know that it's the dream of many Chinese to own a Tesla car. Nonetheless, dreams can be very different from reality and car buyers generally end up with other brands either due to affordability issues or features that its rivals provide.\nTesla cars are no doubt experiencing robust sales currently. However, a large driver has been the eagerness of early adopters and the appeal of scarcity. It would be erroneous to assume that Tesla can simply ride the growth in the EV market in the same proportion as it started. The buyers coming in subsequently would comprise those who are attracted by the low price points offered by Tesla competitors or features relevant to their needs such as NIO, Inc.'s (NIO) battery-as-a-service (BaaS) option.\nExpanding on this point, it's worthy to highlight there are several types of electric vehicles. Besides the Battery Electric Vehicles (BEVs) that Tesla cars are known for, there are also Hybrid Electric Vehicles (HEVs) that use an electric motor to assist gas-powered engines. Unlike HEVs which are wholly reliant on gasoline, Plug-in Hybrid Electric Vehicles (PHEVs) have both a gas tank and a charging port. They also come with a larger battery and electric motor.\nMild Hybrid Electric Vehicles (MHEVs) are projected to become the most popular EV option by far in the coming years. Mild Hybrid cars are like a lite-version of PHEVs - their electric motors are employed to support the engine only during acceleration and cruising and the electric motor cannot power the car on its own. According to estimates from Boston Consulting Group [BCG], the share of MHEVs could even surpass that of diesel-powered cars by 2023 to become the second most popular powertrain type after gasoline-powered ones.\n\nSince Tesla has no stated ambitions to compete in the other EV categories, it follows that it will fight with the other BEV-makers for that 7 percent share of the total global car sales of around 108 million in 2025. That calculates to be around 7.56 million BEV cars, falling right in the middle of the 5-10 million Tesla car sales under the bear and bull cases churned out by ARK Invest.\nIn other words, taking the bull case of 10 million car sales by Tesla in 2025, the company would be responsible for more BEVs than the entire projected BEV market. Taking the bear case of 5 million cars, Tesla would account for around two-thirds of the total BEV sales in the world. This sounds rather improbable, considering the bevy of EV-maker wannabes sprouting up in recent years, with more to come.\nWho are Tesla's largest EV competitors to watch for?\nIt's tempting to shout out the names of the large car manufacturers today (e.g. Toyota Motor Corporation (TM)(OTCPK:TOYOF) and Volkswagen AG (OTCPK:VWAGY)(OTCPK:VLKAF)) and call them the biggest threat to Tesla. Nonetheless, considering how the then-leading mobile phone company Nokia Corporation (NOK)(OTCPK:NOKBF) and near-smartphone maker BlackBerry Limited (BB) failed to impede Apple Inc. (AAPL) from displacing the duo, I am wary to suggest it would be different for the EV industry.\nOn the other hand, Chinese EV-makers like NIO Inc., XPeng Inc. (XPEV) are in a sweet spot. They have the advantage of an attractive home base where the largest demand growth is and an abundance of generous government incentives to spur the take-up of electric vehicles.\nFor instance, Chinese Premier Li Keqiang said during an address in March to the National People's Congress that the government will help multiply the number of EV charging stations and battery-swapping facilities. The former will diminish a key benefit of owning a Tesla versus other BEVs - the privilege of access to Tesla Superchargers. The latter would boost the convenience of BaaS, a major selling point of NIO cars.\nA key advantage of Tesla Superchargers is that car batteries get recharged significantly more quickly than a typical charger. For NIO car owners, charging time is not an issue at all since they can drive to a battery-swapping point and get their drained batteries replaced with fully charged ones in minutes.\nOn the technology front, Xpeng Motors announced last month that its Navigation Guide Pilot (NGP) function, which enables navigation-assisted autonomous driving on highways, is superior to Tesla's Navigate on Autopilot [NOA] on several critical metrics.Xpeng revealed that during its 3,000 km navigation-assisted autonomous driving expedition in March, China's longest real highway autonomous driving test on mass-produced vehicles, it achieved the lowest rate of human driver intervention per 100km on record. Under the control of the NGP, the average success rate for lane changing and overtaking was 94.41 percent during the 8-day expedition, surpassing Tesla.\nSource: XPeng\nI suspect that Tesla's autonomous driving capabilities in China may not be as robust as they are in the U.S. where most of the miles were chalked up and the bulk of the autonomous driving \"training\" was done. Thus, the result comparison could have been starker if Tesla's numbers are based on tests on China's roads.\nAnother not-so-secret sauce for Xpeng's autonomous driving strength is its use of Alibaba Group's (BABA) map platform AutoNavi (Gaode map in Chinese). Alibaba is a substantial and early shareholder in Xpeng. AutoNavi's constantly updated high-definition maps enable Xpeng to navigate in adverse weather conditions or places with poor signal such as in tunnels. In contrast, Elon Musk has long eschewed the dependency on maps to avoid the failure of AV when real-world changes have yet to be captured by the map.\nSource: XPeng\nEven if there is genuine demand for electric vehicles, manufacturers need to be able to meet the matching output. As noted earlier, to achieve merely the bear case put out by ARK Invest, Tesla would need to ramp up its production by 20 folds in the next five years.\nWhere else can Tesla achieve this on the scale and speed required other than China? Elon Musk expressed his amazement in 2019 over the breakneck speed Tesla's Shanghai plant was completed and readied itself for commercial production. The substantially lower manufacturing cost in China further seals the case of expansion in the populous country. Tesla estimated that the cost per unit capacity for the Model 3 production line in Shanghai is expected to be 50 percent lower than that in the United States.\nUnfortunately for Tesla, even if the Chinese government is willing to provide it with more land for new factories, the big question is whether the California-based company is willing to sink itself deeper into what President Joseph Biden termed as the greatest political and economic adversary to the U.S.\nWith Beijing having pledged to have the world's second-largest economy become a global leader in new energy vehicles (NEVs), Chinese EV-makers are riding high on official support in various aspects of the business. That includes the building of new plants.\nRecently, Xpeng signed a cooperation agreement with the City of Wuhan to build a new \"Smart EV\" manufacturing base. The new facility will have an annual capacity of 100,000 units with manufacturing and powertrain plants. The development is noteworthy due to the strategic location of Wuhan which is affectionately called the Detroit of China.\nI expect Xpeng to enter into more of such collaborative efforts with dozens of potential cities as it scales up its production capacity. The planned new factory comes less than a year after its first assembly facility went online. Likewise, its peers like NIO, Berkshire Hathaway-backed (BRK.A)(BRK.B) BYD Company Limited (OTCPK:BYDDF)(OTCPK:BYDDY), and Li Auto Inc. (LI) would do the same as they expand output to meet the ravenous appetite for EVs in the coming years.\nAt the same time, the other allure of Tesla being its autonomous ride-hailing business opportunity could be threatened by alternative offerings. Besides XPeng, Chinese search engine leader Baidu, Inc. (BIDU) has announced venturing into the EV space to showcase its autonomous capabilities as it endeavors to partner with more industry players.\nThe EV market is deemed so lucrative that smartphone and Internet-of-Things appliance-maker Xiaomi Corporation (OTC:XIACF) has entered the fray, announcing its intention to produce self-branded electric cars. The sheer number of qualified players cast serious doubts about Tesla's ability to secure the projected ultra-dominant share of the EV sales in 2025.\nInvestor Takeaway\nTesla has been a wonderful investment for shareholders who have bought into the shares prior to the run-up last year. The question is whether the stock has gotten ahead of itself with its valuation arguably rich, especially when compared with the more established carmakers.\nProjections of Tesla's sales figures in 2025 put its market share of the total global EV sales to a mouth-watering level which is not reasonable given the plethora of competitors presently and emerging. The government support for the Chinese EV-makers is further raising the gauntlet.\nTesla could remain an excellent EV-maker and benefit commercially from a fleet of autonomous ride-hailing in the future. However, the stock could stagnant in the near term and offer limited appreciation given a rosy scenario has apparently been priced in.\nA greater-than-expected upside is possible if the rate of EV adoption in the world accelerates, Tesla receives higher regulatory credits for each sale, and its ride-hailing business achieves a better-than-expected take-rate.","news_type":1},"isVote":1,"tweetType":1,"viewCount":459,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9099565467,"gmtCreate":1643385272715,"gmtModify":1676533815022,"author":{"id":"3572868860672408","authorId":"3572868860672408","name":"Samantha88","avatar":"https://static.tigerbbs.com/17723d2075b69224c864dd5864a34ecb","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3572868860672408","idStr":"3572868860672408"},"themes":[],"htmlText":"Tesla is the besttttttt","listText":"Tesla is the besttttttt","text":"Tesla is the besttttttt","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9099565467","isVote":1,"tweetType":1,"viewCount":245,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105933408,"gmtCreate":1620262849304,"gmtModify":1704340952327,"author":{"id":"3572868860672408","authorId":"3572868860672408","name":"Samantha88","avatar":"https://static.tigerbbs.com/17723d2075b69224c864dd5864a34ecb","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3572868860672408","idStr":"3572868860672408"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105933408","repostId":"2133521525","repostType":4,"isVote":1,"tweetType":1,"viewCount":319,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105933349,"gmtCreate":1620262825681,"gmtModify":1704340951020,"author":{"id":"3572868860672408","authorId":"3572868860672408","name":"Samantha88","avatar":"https://static.tigerbbs.com/17723d2075b69224c864dd5864a34ecb","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3572868860672408","idStr":"3572868860672408"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105933349","repostId":"1131387668","repostType":4,"repost":{"id":"1131387668","pubTimestamp":1620228331,"share":"https://ttm.financial/m/news/1131387668?lang=&edition=fundamental","pubTime":"2021-05-05 23:25","market":"us","language":"en","title":"This COVID-19 Vaccine Stock Quietly Soared 75% In April: Is There More Upside Ahead?","url":"https://stock-news.laohu8.com/highlight/detail?id=1131387668","media":"benzinga","summary":"Shares ofBioNTech SE, which partnered withPfizer Inc. in successfully developing a vaccine against t","content":"<p>Shares of<b>BioNTech SE</b>, which&nbsp;partnered with<b>Pfizer Inc.</b>&nbsp;in successfully developing a vaccine against the coronavirus, have been gaining ground.</p>\n<p><b>BioNTech's Price Action:</b>BioNTech and its partner Pfizerreceived in mid-Decemberauthorization for emergency use of the&nbsp;BNT162b2 mRNA vaccine&nbsp;against the novel coronavirus that causes COVID-19.</p>\n<p>BioNTech's shares, which rallied to a high of $131 ahead of the FDA decision, gave back part of the gains in a ‘buy-the-rumor, sell-the-news' move. The stock ended 2020 at $81.52, about 38% off the intraday high for the year.</p>\n<p>The German vaccine maker's stock picked up momentum early in 2021, breaching&nbsp;the $100 psychological resistance level on Jan. 8 and trading&nbsp;in a $100-$120 range until early March.</p>\n<p>The marketwide selloff in March did not spare BioNTech, with the stock dropping below $100 for a few sessions before climbing back again. The stock was locked in a lackluster phase until the end of March.</p>\n<p>Come April, the trend began to change. In the very first session of April, the stock rose over 4% and moved steadily higher through the month. In April alone, the stock added 72.4%.</p>\n<p>To put things in perspective, if an investor had invested $1,000 in BioNTech shares at the end of March, their investment would now be worth $1,909.46 (using the intraday high of $207.55 hit on Monday). This would mean nearly doubling the investment in a span of a month.</p>\n<p><b>What's Behind The BioNTech Rally:</b>The stock has been supported by the intermittent news flow regarding the company's vaccine.</p>\n<p>In late March, the companies reported positive top-line results from a study evaluating the vaccine in adolescents.</p>\n<p>On April 1, BioNTech and Pfizer reported data on BNT162b2 following six months of follow-up that confirmed its efficacy and safety.</p>\n<p>The companies announced April 9 a request to the FDA to authorize&nbsp;expanded use of the vaccine in adolescents ages&nbsp;12-15.</p>\n<p>The FDA'sdecisionto temporarily pause the use of<b>Johnson &amp; Johnson's</b>JNJ 0.2%vaccine also proved positive for BioNTech, which added about 7% on April 13&nbsp;when the pause was announced.</p>\n<p>In mid-April, the companies announced an agreement with the European Union to supply 100 million doses of BNT162b2, which is named Comirnaty in Europe, in 2021. With that, the total number of doses delivered to the EU is 600 million.</p>\n<p>Last week, a request was submitted to the EU to expand conditional marketing authorization to adolescents in the EU.</p>\n<p><b>What Lies Ahead For BioNTech Stock?</b>BNT162b2 is expected to continue to boost BioNTech's top-line. Having delivered 200 million doses by the end of March, the company has signed orders for supplying 1.4 billion doses in 2021.</p>\n<p>Pfizer and BioNTech plan to boost the manufacturing capacity for&nbsp;the vaccine to 2.5 billion doses by the end of 2021.</p>\n<p>\"BioNTech and Pfizer will be the standout leader in COVID-19 vaccination globally, with demand increasing for the 2.5Bn doses they are targeting to manufacture in 2021,\" SVB Leerink analyst Daina Graybosch said in a note.</p>\n<p>With the second wave of the COVID-19 pandemic now sweeping across several nations, the&nbsp;companies have a lucrative opportunity.&nbsp;The companies have also proved the efficacy of the&nbsp;vaccine against variants.</p>\n<p>Once the pandemic phase passes, the vaccine has scope for use in endemic setting.</p>\n<p>More importantly, BioNTech is not a one-trick pony. The company has a broad oncology pipeline&nbsp;consisting of 13 product candidates.</p>\n<p>Weighing in all the opportunities, further upside in the stock cannot be ruled out.</p>\n<p><b>BNTX Price Action:</b>At last check, BioNTech shares were rising 8.2% to $191.38.</p>","source":"lsy1606299360108","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>This COVID-19 Vaccine Stock Quietly Soared 75% In April: Is There More Upside Ahead?</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\">\nThis COVID-19 Vaccine Stock Quietly Soared 75% In April: Is There More Upside Ahead?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 23:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/general/biotech/21/05/20918917/this-covid-19-vaccine-stock-quietly-soared-75-in-april-is-there-more-upside-ahead><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares ofBioNTech SE, which partnered withPfizer Inc. in successfully developing a vaccine against the coronavirus, have been gaining ground.\nBioNTech's Price Action:BioNTech and its partner ...</p>\n\n<a href=\"https://www.benzinga.com/general/biotech/21/05/20918917/this-covid-19-vaccine-stock-quietly-soared-75-in-april-is-there-more-upside-ahead\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BNTX":"BioNTech SE"},"source_url":"https://www.benzinga.com/general/biotech/21/05/20918917/this-covid-19-vaccine-stock-quietly-soared-75-in-april-is-there-more-upside-ahead","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131387668","content_text":"Shares ofBioNTech SE, which partnered withPfizer Inc. in successfully developing a vaccine against the coronavirus, have been gaining ground.\nBioNTech's Price Action:BioNTech and its partner Pfizerreceived in mid-Decemberauthorization for emergency use of the BNT162b2 mRNA vaccine against the novel coronavirus that causes COVID-19.\nBioNTech's shares, which rallied to a high of $131 ahead of the FDA decision, gave back part of the gains in a ‘buy-the-rumor, sell-the-news' move. The stock ended 2020 at $81.52, about 38% off the intraday high for the year.\nThe German vaccine maker's stock picked up momentum early in 2021, breaching the $100 psychological resistance level on Jan. 8 and trading in a $100-$120 range until early March.\nThe marketwide selloff in March did not spare BioNTech, with the stock dropping below $100 for a few sessions before climbing back again. The stock was locked in a lackluster phase until the end of March.\nCome April, the trend began to change. In the very first session of April, the stock rose over 4% and moved steadily higher through the month. In April alone, the stock added 72.4%.\nTo put things in perspective, if an investor had invested $1,000 in BioNTech shares at the end of March, their investment would now be worth $1,909.46 (using the intraday high of $207.55 hit on Monday). This would mean nearly doubling the investment in a span of a month.\nWhat's Behind The BioNTech Rally:The stock has been supported by the intermittent news flow regarding the company's vaccine.\nIn late March, the companies reported positive top-line results from a study evaluating the vaccine in adolescents.\nOn April 1, BioNTech and Pfizer reported data on BNT162b2 following six months of follow-up that confirmed its efficacy and safety.\nThe companies announced April 9 a request to the FDA to authorize expanded use of the vaccine in adolescents ages 12-15.\nThe FDA'sdecisionto temporarily pause the use ofJohnson & Johnson'sJNJ 0.2%vaccine also proved positive for BioNTech, which added about 7% on April 13 when the pause was announced.\nIn mid-April, the companies announced an agreement with the European Union to supply 100 million doses of BNT162b2, which is named Comirnaty in Europe, in 2021. With that, the total number of doses delivered to the EU is 600 million.\nLast week, a request was submitted to the EU to expand conditional marketing authorization to adolescents in the EU.\nWhat Lies Ahead For BioNTech Stock?BNT162b2 is expected to continue to boost BioNTech's top-line. Having delivered 200 million doses by the end of March, the company has signed orders for supplying 1.4 billion doses in 2021.\nPfizer and BioNTech plan to boost the manufacturing capacity for the vaccine to 2.5 billion doses by the end of 2021.\n\"BioNTech and Pfizer will be the standout leader in COVID-19 vaccination globally, with demand increasing for the 2.5Bn doses they are targeting to manufacture in 2021,\" SVB Leerink analyst Daina Graybosch said in a note.\nWith the second wave of the COVID-19 pandemic now sweeping across several nations, the companies have a lucrative opportunity. The companies have also proved the efficacy of the vaccine against variants.\nOnce the pandemic phase passes, the vaccine has scope for use in endemic setting.\nMore importantly, BioNTech is not a one-trick pony. The company has a broad oncology pipeline consisting of 13 product candidates.\nWeighing in all the opportunities, further upside in the stock cannot be ruled out.\nBNTX Price Action:At last check, BioNTech shares were rising 8.2% to $191.38.","news_type":1},"isVote":1,"tweetType":1,"viewCount":246,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105939798,"gmtCreate":1620262799614,"gmtModify":1704340950374,"author":{"id":"3572868860672408","authorId":"3572868860672408","name":"Samantha88","avatar":"https://static.tigerbbs.com/17723d2075b69224c864dd5864a34ecb","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3572868860672408","idStr":"3572868860672408"},"themes":[],"htmlText":"Pls like&nbsp;","listText":"Pls like&nbsp;","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105939798","repostId":"1190727792","repostType":4,"isVote":1,"tweetType":1,"viewCount":342,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105939621,"gmtCreate":1620262783963,"gmtModify":1704340949567,"author":{"id":"3572868860672408","authorId":"3572868860672408","name":"Samantha88","avatar":"https://static.tigerbbs.com/17723d2075b69224c864dd5864a34ecb","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3572868860672408","idStr":"3572868860672408"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105939621","repostId":"1148686352","repostType":4,"repost":{"id":"1148686352","pubTimestamp":1620224535,"share":"https://ttm.financial/m/news/1148686352?lang=&edition=fundamental","pubTime":"2021-05-05 22:22","market":"us","language":"en","title":"This Day In Market History: Panic Of 1893 Crashes Stock Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1148686352","media":"benzinga","summary":"What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the ","content":"<p><b>What Happened?</b>On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time.</p>\n<p><b>Where The Market Was:</b>The Dow finished the day at 30.02.</p>\n<p><b>What Else Was Going On In The World?</b>In 1893, Thomas Edison completed the world’s first movie studio in West Orange, New Jersey. Lizzie Borden was acquitted of the ax murders of her father and stepmother. A fresh, one-pound beef steak cost 10 cents.</p>\n<p><b>Panic Of 1893:</b>On May 5, 1893, the Dow Jones Index dropped more than 24% from 39.90 to 30.02. It would mark the worst intraday sell-off in U.S. history at the time, a record that would stand until 1929.</p>\n<p>The&nbsp;Panic of 1893&nbsp;was triggered in part by falling gold reserves in the U.S. Treasury. At the time, the U.S. was on the gold standard, meaning U.S. dollars could be redeemed for physical gold. When Treasury gold reserves dropped from $190 million in 1890 to $100 million by 1893, Americans grew concerned that the Treasury might run out of gold and began withdrawing bank notes and converting them to gold, placing extreme strain on the U.S. banking industry and credit markets.</p>\n<p>The May 5 sell-off was triggered in part by the bankruptcy of Nation Cordage the day before.<b>General Electric Company</b>GE 0.34%shares dropped 28% on the day from $80 to $58.</p>\n<p>Fortunately for investors, the Panic of 1893 didn’t last for long. By the end of the day, the market nearly completely recovered its losses. GE, for example, closed the session at $78.50.</p>\n<p>The Panic of 1893 would ravage the U.S. economy, triggering a severe four-year depression. Roughly 14,000 U.S. businesses closed, and unemployment rose to 20%. The event would mark the worst economic downturn in U.S. history until the Great Depression began in 1929.</p>","source":"lsy1606299360108","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>This Day In Market History: Panic Of 1893 Crashes Stock Market</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\">\nThis Day In Market History: Panic Of 1893 Crashes Stock Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 22:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time.\nWhere The Market Was:The Dow finished the day at 30.02.\nWhat Else Was Going On In The World?In...</p>\n\n<a href=\"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market\">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.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148686352","content_text":"What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time.\nWhere The Market Was:The Dow finished the day at 30.02.\nWhat Else Was Going On In The World?In 1893, Thomas Edison completed the world’s first movie studio in West Orange, New Jersey. Lizzie Borden was acquitted of the ax murders of her father and stepmother. A fresh, one-pound beef steak cost 10 cents.\nPanic Of 1893:On May 5, 1893, the Dow Jones Index dropped more than 24% from 39.90 to 30.02. It would mark the worst intraday sell-off in U.S. history at the time, a record that would stand until 1929.\nThe Panic of 1893 was triggered in part by falling gold reserves in the U.S. Treasury. At the time, the U.S. was on the gold standard, meaning U.S. dollars could be redeemed for physical gold. When Treasury gold reserves dropped from $190 million in 1890 to $100 million by 1893, Americans grew concerned that the Treasury might run out of gold and began withdrawing bank notes and converting them to gold, placing extreme strain on the U.S. banking industry and credit markets.\nThe May 5 sell-off was triggered in part by the bankruptcy of Nation Cordage the day before.General Electric CompanyGE 0.34%shares dropped 28% on the day from $80 to $58.\nFortunately for investors, the Panic of 1893 didn’t last for long. By the end of the day, the market nearly completely recovered its losses. GE, for example, closed the session at $78.50.\nThe Panic of 1893 would ravage the U.S. economy, triggering a severe four-year depression. Roughly 14,000 U.S. businesses closed, and unemployment rose to 20%. The event would mark the worst economic downturn in U.S. history until the Great Depression began in 1929.","news_type":1},"isVote":1,"tweetType":1,"viewCount":319,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105939970,"gmtCreate":1620262764890,"gmtModify":1704340950213,"author":{"id":"3572868860672408","authorId":"3572868860672408","name":"Samantha88","avatar":"https://static.tigerbbs.com/17723d2075b69224c864dd5864a34ecb","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3572868860672408","idStr":"3572868860672408"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105939970","repostId":"1108837445","repostType":4,"isVote":1,"tweetType":1,"viewCount":391,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105930571,"gmtCreate":1620262748393,"gmtModify":1704340948590,"author":{"id":"3572868860672408","authorId":"3572868860672408","name":"Samantha88","avatar":"https://static.tigerbbs.com/17723d2075b69224c864dd5864a34ecb","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3572868860672408","idStr":"3572868860672408"},"themes":[],"htmlText":"Happy&nbsp;","listText":"Happy&nbsp;","text":"Happy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105930571","repostId":"2133652936","repostType":4,"repost":{"id":"2133652936","pubTimestamp":1620244873,"share":"https://ttm.financial/m/news/2133652936?lang=&edition=fundamental","pubTime":"2021-05-06 04:01","market":"hk","language":"en","title":"Dow ends at record high，Nasdaq falls as tech slides","url":"https://stock-news.laohu8.com/highlight/detail?id=2133652936","media":"Reuters","summary":"May 5 (Reuters) - The Dow Jones Industrial Average ended at a record high on Wednesday, while Nasdaq","content":"<p>May 5 (Reuters) - The Dow Jones Industrial Average ended at a record high on Wednesday, while Nasdaq gave up its earlier gains and closed in red.</p><p>Energy and materials continued this week's momentum, leading gains among S&amp;P 500 sectors. Defensive utilities and real estate led sectoral declines.</p><p>\"Energy, financial, materials, industrials are all outperforming. They tend to be cyclically oriented sectors and tend to benefit during periods when the economies are reopening and expanding,\" said Terry Sandven, chief equity strategist at U.S. Bank Wealth Management.</p><p>The Philadelphia SE Semiconductor index recovered from a sell-off on Tuesday. Megacap technology companies including Amazon.com Inc and <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc and Alphabet Inc were down.</p><p>Strong economic data and earnings pushed the S&amp;P 500 and Nasdaq indexes to record high last week, but markets have wobbled amid concerns about rising inflation and potentially higher U.S. interest rates.</p><p>\"Once you have markets hitting the highs we have seen recently, the <a href=\"https://laohu8.com/S/AONE\">one</a> thing investors are worried about is rising inflation and what that means for profitability of companies,\" said Shawn Cruz, senior market strategist at TD Ameritrade.</p><p>Tech sell-off accelerated on Tuesday after Treasury Secretary Janet Yellen suggested that interest rates might need to rise in an overheating economy.</p><p>She later clarified that a near-term interest rate hike was not something she was \"predicting or recommending\" on Tuesday evening.</p><p>The ADP National Employment Report showed U.S. private payrolls increased in April as companies rushed to boost production amid a surge in demand, powered by massive government aid and rising vaccinations against COVID-19.</p><p>A more comprehensive reading in the form of the Labor Department's non-farm payrolls data is due on Friday.</p><p>Unofficially, the Dow Jones Industrial Average rose 96.99 points, or 0.28%, to 34,230.02, the S&amp;P 500 gained 2.97 points, or 0.07%, to 4,167.63 and the Nasdaq Composite dropped 51.08 points, or 0.37%, to 13,582.43.</p><p>Peloton Interactive Inc hit a seven-month low on its announcement to recall its treadmills amid reports of multiple injuries and the death of a child in an accident.</p><p>Boeing Co fell after U.S. air safety officials asked it to supply fresh analysis and documentation showing 737 MAX subsystems would not be affected by electrical grounding issues.</p><p><a href=\"https://laohu8.com/S/TMUSR\">T-Mobile US Inc</a> jumped as it raised its full-year postpaid subscriber net additions forecast.</p><p>Uber Technologies Inc is set to report earnings after markets close on Wednesday.</p><p><a href=\"https://laohu8.com/NW/1108837445\" target=\"_blank\">Uber losses dramatically improve thanks to sale of self-driving unit</a></p><p><a href=\"https://laohu8.com/NW/1190727792\" target=\"_blank\">PayPal CEO touts ‘next generation digital wallet’ after earnings beat</a></p><p><a href=\"https://laohu8.com/NW/1185637253\" target=\"_blank\">Twilio Surpasses Q1 Earnings and Revenue Estimates</a></p><p><a href=\"https://laohu8.com/NW/1118316842\" target=\"_blank\">The Allstate Corp Q1 adjusted earnings of $6.11 per share</a></p><p><a href=\"https://laohu8.com/NW/1144806506\" target=\"_blank\">Etsy slides more than 10% after it warns of slowing growth</a></p>","source":"lsy1601381805984","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow ends at record high，Nasdaq falls as tech slides</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow ends at record high，Nasdaq falls as tech slides\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-06 04:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/dow-ends-record-high-nasdaq-falls-tech-slides-2021-05-05/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>May 5 (Reuters) - The Dow Jones Industrial Average ended at a record high on Wednesday, while Nasdaq gave up its earlier gains and closed in red.Energy and materials continued this week's momentum, ...</p>\n\n<a href=\"https://www.reuters.com/business/dow-ends-record-high-nasdaq-falls-tech-slides-2021-05-05/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","BA":"波音",".SPX":"S&P 500 Index","OEX":"标普100","OEF":"标普100指数ETF-iShares","SDS":"两倍做空标普500ETF","QNETCN":"纳斯达克中美互联网老虎指数","COMP":"Compass, Inc.","UPRO":"三倍做多标普500ETF","03086":"华夏纳指","CGEM":"Cullinan Therapeutics","IVV":"标普500指数ETF","SANA":"Sana Biotechnology, Inc.","09086":"华夏纳指-U","SSO":"两倍做多标普500ETF","SH":"标普500反向ETF","SPXU":"三倍做空标普500ETF","LHDX":"Lucira Health, Inc.","APR":"Apria, Inc.","LABP":"Landos Biopharma, Inc."},"source_url":"https://www.reuters.com/business/dow-ends-record-high-nasdaq-falls-tech-slides-2021-05-05/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133652936","content_text":"May 5 (Reuters) - The Dow Jones Industrial Average ended at a record high on Wednesday, while Nasdaq gave up its earlier gains and closed in red.Energy and materials continued this week's momentum, leading gains among S&P 500 sectors. Defensive utilities and real estate led sectoral declines.\"Energy, financial, materials, industrials are all outperforming. They tend to be cyclically oriented sectors and tend to benefit during periods when the economies are reopening and expanding,\" said Terry Sandven, chief equity strategist at U.S. Bank Wealth Management.The Philadelphia SE Semiconductor index recovered from a sell-off on Tuesday. Megacap technology companies including Amazon.com Inc and Facebook Inc and Alphabet Inc were down.Strong economic data and earnings pushed the S&P 500 and Nasdaq indexes to record high last week, but markets have wobbled amid concerns about rising inflation and potentially higher U.S. interest rates.\"Once you have markets hitting the highs we have seen recently, the one thing investors are worried about is rising inflation and what that means for profitability of companies,\" said Shawn Cruz, senior market strategist at TD Ameritrade.Tech sell-off accelerated on Tuesday after Treasury Secretary Janet Yellen suggested that interest rates might need to rise in an overheating economy.She later clarified that a near-term interest rate hike was not something she was \"predicting or recommending\" on Tuesday evening.The ADP National Employment Report showed U.S. private payrolls increased in April as companies rushed to boost production amid a surge in demand, powered by massive government aid and rising vaccinations against COVID-19.A more comprehensive reading in the form of the Labor Department's non-farm payrolls data is due on Friday.Unofficially, the Dow Jones Industrial Average rose 96.99 points, or 0.28%, to 34,230.02, the S&P 500 gained 2.97 points, or 0.07%, to 4,167.63 and the Nasdaq Composite dropped 51.08 points, or 0.37%, to 13,582.43.Peloton Interactive Inc hit a seven-month low on its announcement to recall its treadmills amid reports of multiple injuries and the death of a child in an accident.Boeing Co fell after U.S. air safety officials asked it to supply fresh analysis and documentation showing 737 MAX subsystems would not be affected by electrical grounding issues.T-Mobile US Inc jumped as it raised its full-year postpaid subscriber net additions forecast.Uber Technologies Inc is set to report earnings after markets close on Wednesday.Uber losses dramatically improve thanks to sale of self-driving unitPayPal CEO touts ‘next generation digital wallet’ after earnings beatTwilio Surpasses Q1 Earnings and Revenue EstimatesThe Allstate Corp Q1 adjusted earnings of $6.11 per shareEtsy slides more than 10% after it warns of slowing 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