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2021-03-16

Like and share pls

Hedge Funds Kicked Off 2021 With $49 Billion Sale of Treasuries

2021-04-27

Like and comments pls

What to watch in the markets this week

2021-03-18

Bitcoin ?

Morgan Stanley becomes the first big U.S. bank to offer its wealthy clients access to bitcoin funds

2021-03-22

Buy the Dip ?

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2021-04-27

Like and comment

Huawei in U.S. court after being accused of improperly helping its CFO in Canada

2021-03-04

?

Wall Street drops as high-flying tech stocks retreat

2021-03-23

But ? tgt stonks

From pet food to video games: inside Ryan Cohen's GameStop obsession

2021-03-10

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Sorry, the original content has been removed

2021-03-19

Facebook ?

Zuckerberg: Facebook may actually be in a ‘stronger position’ after Apple’s iOS 14 privacy changes

2021-03-23

?

3 Troubling Numbers From Sundial Growers' Q4 Results

2021-03-10

Let’s go!!!! ?

@giogio:$Luokung Technology Corp(LKCO)$ LKCO to the MOON! US Judge questioned Xiaomi delist as baseless, same Judge for LKCO delist hearing, good news !

2021-03-10

$Luokung Technology Corp(LKCO)$???

2021-02-18

$Luokung Technology Corp(LKCO)$Dip due to liquidation by stock volume, hold long should reap results soon :)

Go to Tiger App to see more news

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pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/374459096","repostId":"1184404050","repostType":4,"repost":{"id":"1184404050","pubTimestamp":1619319329,"share":"https://ttm.financial/m/news/1184404050?lang=&edition=fundamental","pubTime":"2021-04-25 10:55","market":"us","language":"en","title":"What to watch in the markets this week","url":"https://stock-news.laohu8.com/highlight/detail?id=1184404050","media":"CNBC","summary":"The last week of April will be extremely busy for markets with a third of the S&P 500 reporting earnings, a Federal Reserve meeting, and new spending and tax proposals from the White House.Big Tech is a highlight of the earnings calendar, with Apple, Microsoft, Amazon, Facebook and Alphabet all releasing results.The Fed is not expected to take any action, but economists expect it to defend its policy to let inflation run hot.There is some key data including 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}\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\">\nWhat to watch in the markets this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-25 10:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/23/taxes-and-inflation-will-be-key-themes-for-markets-in-the-week-ahead.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSThe last week of April will be extremely busy for markets with a third of the S&P 500 reporting earnings, a Federal Reserve meeting, and new spending and tax proposals from the White House....</p>\n\n<a href=\"https://www.cnbc.com/2021/04/23/taxes-and-inflation-will-be-key-themes-for-markets-in-the-week-ahead.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","AAPL":"苹果","GOOGL":"谷歌A",".DJI":"道琼斯","AMZN":"亚马逊",".IXIC":"NASDAQ Composite","TSLA":"特斯拉",".SPX":"S&P 500 Index"},"source_url":"https://www.cnbc.com/2021/04/23/taxes-and-inflation-will-be-key-themes-for-markets-in-the-week-ahead.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1184404050","content_text":"KEY POINTSThe last week of April will be extremely busy for markets with a third of the S&P 500 reporting earnings, a Federal Reserve meeting, and new spending and tax proposals from the White House.Big Tech is a highlight of the earnings calendar, with Apple, Microsoft, Amazon, Facebook and Alphabet all releasing results.The Fed is not expected to take any action, but economists expect it to defend its policy to let inflation run hot.There is some key data including first-quarter gross domestic product and the Fed’s favorite inflation measure: the personal consumption expenditures deflator.The final week of April is going to be a busy one for markets with a Federal Reserve meeting and a deluge of earnings news.Hot topics in markets will continue to be inflation and taxes.President Joe Biden is expected to detail his “American Families Plan” and the tax increases to pay for it, including a much higher capital gains tax for the wealthy.The plan is the second part of his Build Back Better agenda and will include new spending proposals aimed at helping families. The president addresses a joint session of Congress Wednesday evening.It’s a huge week for earnings with about a third of the S&P 500 reporting, including Big Tech names, such as Apple,Microsoft,Alphabet and Amazon.As many have already done, firms like Boeing, Ford,Caterpillar and McDonald’s, are likely to detail cost pressures they are facing from rising materials and transportation costs and supply chain disruptions.At the same time, the Fed is expected to defend its policy of letting inflation run hot, while assuring markets it sees the pick-up in prices as only temporary. The central bank meets on Tuesday and Wednesday.The central bank takes the main stage“I think the Fed would like not to be a feature next week, but the Fed will be forced from the background because of concerns about inflation,” said Diane Swonk, chief economist at Grant Thornton.The central bank is not expected to make any policy moves, but Fed Chairman Jerome Powell’s press briefing following the meeting Wednesday will be closely watched.So far, the barrage of earnings news has been positive, with 86% of companies reporting earnings beats. Corporate profits are expected to be up about 33.9% for the first quarter, based on estimates and actual reports, according to Refinitiv. Revenues are about 9.9% higher.There is important inflation data Friday when the Fed’s preferred inflation gauge is reported.The personal consumption expenditure report is expected to show a 1.8% rise in core inflation, still below the Fed’s target of 2%. Other data releases include the first-quarter gross domestic product on Thursday, which is expected to have grown by 6.5%, according to Dow Jones.“I think the Fed has no urgency to shift monetary policy at this point,” said Ian Lyngen, head of U.S. rates strategy at BMO. “The Fed needs to acknowledge that the data is improving. We had a strong first quarter.”“The Fed needs to acknowledge that but at the same time they’re keeping extremely accommodative policy in place, so they’ll have to make a note to the fact that the easy policy is warranted,” he said.Lyngen said the Fed will likely point to continued concerns about the pandemic globally as a potential risk to the economic recovery.Powell is also expected to once more explain that the Fed will let inflation rise above its 2% target for a period of time before it raises rates so that the economy can have more time to heal. “It’s going to be a challenge for the Fed,” said Swonk.The base effects for the next several months will make inflation appear to have jumped sharply because of the comparison to a weak period last year. The consumer price index for April could be above 3%, compared to 2.6% last month, Swonk added.“The Fed is trying to let a lot more people get out onto the dance floor before it calls ‘last call,’” she said. “Really what Powell has been saying since day one is if we take care of people on the margins and bring them back into the labor force, the rest will take care of itself.”Stocks were slightly lower in the past week, and Treasury yields held at lower levels. The 10-year yield,which moves opposite price, was at 1.55% Friday.The S&P 500was down 0.1%, ending the week at 4,180, while Nasdaq Composite was down nearly 0.3% at 14,016. The Dow was off just shy of 0.5% at 34,043.Tax hike prospectsStocks were hit hard on Thursday when after a news report said that Biden is expected to propose a capital gains tax rate of 39.6% for people earning more than $1 million a year.Combined with the 3.8% net investment income tax, the new levy would more than double the long term capital gains rate of 20% or the richest Americans.Strategists said Biden is expected to propose raising the income tax rate for those earning more than $400,000.“I think a lot of people are starting to price in the risk there going to be a significant increase in both corporate and capital gains taxes,” said Lyngen.So far, companies have not provided much in the way of commentary on the proposed hike in corporate taxes to 28% from 21% but they have been talking about other costs.David Bianco, chief investment strategist for the Americas at DWS, said he expects larger companies will do better dealing with supply chain constraints than smaller ones. Big Tech is also likely to fare better during the semiconductor shortage than auto makers, which have already announced production shutdowns, he said.“Next week is tech week. I think we’re going to get down on our knees and just be in awe of their business models and their ability to grow at a behemoth scale,” Bianco said.He said he’s not in favor of Wall Street’s popular trade into cyclicals and out of growth. He still favors growth.“We’re overweight equities really because we’re concerned about rising interest rates,” Bianco said. “I’m not bullish in that I expect the market to rise that much from here.”“We stuck with growth and dug deeper into bond substitutes, utilities, staples, real estate,” he said, adding he is underweight industrials, energy and materials. “Energy is doomed. It’s being nationalized via regulation. I do like industrials, they are well-run companies, but I do think infrastructure spending expectations for classic infrastructure are too high.”He also said industrials are good businesses, but the stocks have become overvalued.Bianco said he likes big box stores, but smaller retailers are facing big challenges that were already impacting them prior to Covid. He also finds small biotech firms attractive.“I like healthcare stocks. Those valuations are reasonable. People have been paranoid about politicians beating on them since 1992. They manage through it and lately they’ve been delivering,” he said.Week ahead calendarMondayEarnings:Tesla,Canadian National Railway, Canon,Check Point Software,Otis Worldwide, Vale,Ameriprise,NXP Semiconductor,Albertsons, Royal Phillips8:30 a.m. Durable goodsTuesdayFOMC begins two day meetingEarnings:Microsoft,Alphabet,Visa,Amgen,Advanced Micro Devices,3M,General Electric,Eli Lilly, Hasbro,United Parcel Service,BP,Novartis,JetBlue,Pultegroup,Archer Daniels Midland,Waste Management,Starbucks,Texas Instrument,Chubb,Mondelez,FireEye,Corning,Raytheon9:00 a.m. S&P/Case-Shiller9:00 a.m. FHFA home prices10:00 a.m. Consumer confidence10:00 a.m. Housing vacanciesWednesdayEarnings:Apple, Boeing,Facebook,Qualcomm,Ford,MGM Resorts,Humana,Norfolk Southern,General Dynamics,Boston Scientific, eBay, Samsung Electronics, GlaxoSmithKline,Yum Brands, SiriusXM, Aflac,Cheesecake Factory,Community Health System,CIT Group,Entergy,CME Group,Hess,Ryder System8:30 a.m. Advance economic indicators2:00 p.m. Fed statement2:30 p.m. Fed Chairman Jerome Powell briefingThursdayEarnings:Amazon,Caterpillar,McDonald’s,Twitter,Bristol-Myers Squibb,Comcast,Merck,Northrop Grumman, Airbus,Kraft Heinz,Intercontinental Exchange,Mastercard,Gilead Sciences,U.S. Steel, Cirrus Logic,Texas Roadhouse, Cabot Oil, PG&E,Royal Dutch Shell,Church & Dwight, Carlyle Group,Southern Co.8:30 a.m. Initial jobless claims8:30 a.m. Real GDP Q110:00 a.m. Pending home salesFridayEarnings:ExxonMobil,Chevron,Colgate-Palmolive,AstraZeneca,Clorox,Barclays, AbbVie, BNP Paribas,Weyerhaeuser,Illinois Tool Works, CBOE Global Markets, Lazard,Newell Brands,Aon,LyondellBasell,Pitney Bowes,Phillips 66,Charter Communications8:30 a.m. Personal income and spending8:30 a.m. Employment cost index Q19:45 a.m. Chicago PMI10:00 a.m. Consumer sentimentSaturdayEarnings:Berkshire Hathaway","news_type":1},"isVote":1,"tweetType":1,"viewCount":626,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":353592804,"gmtCreate":1616506826508,"gmtModify":1704795005144,"author":{"id":"3574203435871118","authorId":"3574203435871118","name":"Blubber","avatar":"https://static.tigerbbs.com/8fc25d1ac92658c939c9704630201621","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574203435871118","authorIdStr":"3574203435871118"},"themes":[],"htmlText":"But ? tgt stonks&nbsp;","listText":"But ? tgt stonks&nbsp;","text":"But ? tgt stonks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353592804","repostId":"2121486792","repostType":4,"repost":{"id":"2121486792","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":1616505310,"share":"https://ttm.financial/m/news/2121486792?lang=&edition=fundamental","pubTime":"2021-03-23 21:15","market":"us","language":"en","title":"From pet food to video games: inside Ryan Cohen's GameStop obsession","url":"https://stock-news.laohu8.com/highlight/detail?id=2121486792","media":"Reuters","summary":"March 23 (Reuters) - After almost four months of phone calls and emails to GameStop Corp complaining","content":"<p>March 23 (Reuters) - After almost four months of phone calls and emails to GameStop Corp complaining about the slow shipping of an order, New Jersey teacher Steven Titus received a late night call in early March - from a director on the video game retailer's board.</p>\n<p>On the line was Ryan Cohen, the billionaire co-founder and former chief executive of online pet supplies retailer Chewy who is now leading GameStop's push into e-commerce. Cohen was responding to an email Titus had sent 12 hours earlier to more than two dozen GameStop executives and board members.</p>\n<p>\"NOBODY has attempted to respond except a muddled voicemail with no distinguishable callback number or extension. E-commerce requires a customer support team and processes that are responsive,\" Titus wrote.</p>\n<p>\"I just got your email, I'm so sorry this happened. Let me get to the bottom of this,\" Cohen told Titus.</p>\n<p>Cohen then asked GameStop's new customer service chief Kelli Durkin, who spearheaded initiatives at Chewy that included written personal notes to customers, to look into the matter. Titus was reimbursed for his purchase, even though he had not requested a refund and was only complaining about the tardiness of his order.</p>\n<p>The anecdote, described by Titus and GameStop insiders, is representative of the intensity Cohen has brought to the Grapevine, Texas-based company as he pursues an against-the-odds transformation of the brick-and-mortar retailer into an e-commerce firm that can take on big-box retailers such as Target Corp and Walmart Inc and technology firms such as Microsoft Corp and Sony Corp .</p>\n<p>Since Cohen joined GameStop's board in January, the 35-year-old entrepreneur has been obsessing about customer service, contacting customers late into the night to solicit feedback, and has made a push to upgrade the company's website and online ordering system, eight people who work with or know Cohen said in interviews. Cohen aims to turn GameStop into the \"Chewy of gaming\" with lower prices, better selection and faster delivery times, said the sources, most of them speaking on condition of anonymity.</p>\n<p>Wall Street analysts are doubtful Cohen - a college dropout who says he learned the ins and outs of business from his late father, who was a glass importer - can win back GameStop customers who have become accustomed to streaming video games. Some are struggling to understand why the creator of the world's most valuable online pet supplies store would take on a moribund video game retailer as a turnaround project.</p>\n<p>The sources said Cohen's efforts are driven by a belief that video game lovers will turn to a dedicated internet shop just as pet lovers turned to Chewy.</p>\n<p>\"He has the courage of conviction and that muscle memory of doing this before,\" said Jay Park, a former Chewy investor who founded Prysm Capital.</p>\n<p>Cohen declined to comment through a spokesman.</p>\n<p>His attempted turnaround would have been less in the public eye had GameStop not captured the imagination in January of an army of amateur traders on social media site Reddit who helped drive the company's market value to a peak of $33.7 billion at the end of that month, from $1.4 billion days before. It is now worth about $14 billion. A year ago, GameStop's market capitalization was $250 million.</p>\n<p>Cohen invested in GameStop last year before the stock became a social media sensation. His 13% stake in the company, on which he spent roughly $75 million, is now worth about $1.8 billion.</p>\n<p>Wall Street is watching his every move. The ouster of GameStop's chief financial officer last month, which Cohen pushed for, was enough to revive a rally in its shares. Investors monitor Cohen's every tweet, trying to make sense of what seemingly unrelated memes like frogs and ice cream cones mean for GameStop.</p>\n<p>Many of Cohen's investment plans for the company require more capital. Unlike Chewy, GameStop cannot rely on fundraising from California's Silicon Valley, yet it could raise hundreds of millions of dollars by seizing on its elevated share price to sell stock. GameStop will be legally allowed to do that once it reports its fourth-quarter results, which are scheduled to be released on Tuesday.</p>\n<p>None of the sources close to Cohen would comment on whether GameStop would seek to raise capital soon. GameStop declined to comment on the matter.</p>\n<p><b>THE CHEWY RECIPE</b></p>\n<p>Cohen founded Chewy in 2011 with Michael Day, who dropped out of college to join in building the startup they sold to retail giant PetSmart for $3.35 billion six years later. Chewy is now a publicly listed company with a market value of $34 billion.</p>\n<p>There are similarities between GameStop and Chewy that give Cohen's supporters confidence he can repeat his success. GameStop has been written off by many industry insiders as the next Blockbuster, the now-defunct movie rental and video game chain. Chewy also was snubbed by much of Silicon Valley as a Pets.com copycat that would be crushed by Amazon.com Inc.</p>\n<p>But there are also key differences. Chewy investors were forgiving of its losses, driven by Cohen's big spending on customer service and marketing, because it delivered breakneck revenue growth.</p>\n<p>GameStop, on the other hand, is no red-hot start-up. Tracing its roots to 1984, it has reported year-on-year revenue declines for the last 10 quarters, and is projected by Wall Street analysts to report a 66% decline in quarterly revenue on Tuesday, according to data compiled by Refinitiv.</p>\n<p>Cohen has cautioned GameStop insiders that there is no guarantee of success and that progress could take time while vowing that the company will turn around its financial results quickly this year and 2022 as new video game systems like Sony's PlayStation or Microsoft's Xbox are released, the sources said. He is focused on recruiting top talent, including a new CFO, the sources said.</p>\n<p>Volition Capital co-founder Larry Cheng, the first investor to back Chewy after about 100 others snubbed it early on, said Cohen's relentless focus could pay off for GameStop.</p>\n<p>\"I certainly wouldn't bet against Ryan. He has a knack for figuring things out,\" Cheng said.</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>From pet food to video games: inside Ryan Cohen's GameStop obsession</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\">\nFrom pet food to video games: inside Ryan Cohen's GameStop obsession\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\">2021-03-23 21:15</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>March 23 (Reuters) - After almost four months of phone calls and emails to GameStop Corp complaining about the slow shipping of an order, New Jersey teacher Steven Titus received a late night call in early March - from a director on the video game retailer's board.</p>\n<p>On the line was Ryan Cohen, the billionaire co-founder and former chief executive of online pet supplies retailer Chewy who is now leading GameStop's push into e-commerce. Cohen was responding to an email Titus had sent 12 hours earlier to more than two dozen GameStop executives and board members.</p>\n<p>\"NOBODY has attempted to respond except a muddled voicemail with no distinguishable callback number or extension. E-commerce requires a customer support team and processes that are responsive,\" Titus wrote.</p>\n<p>\"I just got your email, I'm so sorry this happened. Let me get to the bottom of this,\" Cohen told Titus.</p>\n<p>Cohen then asked GameStop's new customer service chief Kelli Durkin, who spearheaded initiatives at Chewy that included written personal notes to customers, to look into the matter. Titus was reimbursed for his purchase, even though he had not requested a refund and was only complaining about the tardiness of his order.</p>\n<p>The anecdote, described by Titus and GameStop insiders, is representative of the intensity Cohen has brought to the Grapevine, Texas-based company as he pursues an against-the-odds transformation of the brick-and-mortar retailer into an e-commerce firm that can take on big-box retailers such as Target Corp and Walmart Inc and technology firms such as Microsoft Corp and Sony Corp .</p>\n<p>Since Cohen joined GameStop's board in January, the 35-year-old entrepreneur has been obsessing about customer service, contacting customers late into the night to solicit feedback, and has made a push to upgrade the company's website and online ordering system, eight people who work with or know Cohen said in interviews. Cohen aims to turn GameStop into the \"Chewy of gaming\" with lower prices, better selection and faster delivery times, said the sources, most of them speaking on condition of anonymity.</p>\n<p>Wall Street analysts are doubtful Cohen - a college dropout who says he learned the ins and outs of business from his late father, who was a glass importer - can win back GameStop customers who have become accustomed to streaming video games. Some are struggling to understand why the creator of the world's most valuable online pet supplies store would take on a moribund video game retailer as a turnaround project.</p>\n<p>The sources said Cohen's efforts are driven by a belief that video game lovers will turn to a dedicated internet shop just as pet lovers turned to Chewy.</p>\n<p>\"He has the courage of conviction and that muscle memory of doing this before,\" said Jay Park, a former Chewy investor who founded Prysm Capital.</p>\n<p>Cohen declined to comment through a spokesman.</p>\n<p>His attempted turnaround would have been less in the public eye had GameStop not captured the imagination in January of an army of amateur traders on social media site Reddit who helped drive the company's market value to a peak of $33.7 billion at the end of that month, from $1.4 billion days before. It is now worth about $14 billion. A year ago, GameStop's market capitalization was $250 million.</p>\n<p>Cohen invested in GameStop last year before the stock became a social media sensation. His 13% stake in the company, on which he spent roughly $75 million, is now worth about $1.8 billion.</p>\n<p>Wall Street is watching his every move. The ouster of GameStop's chief financial officer last month, which Cohen pushed for, was enough to revive a rally in its shares. Investors monitor Cohen's every tweet, trying to make sense of what seemingly unrelated memes like frogs and ice cream cones mean for GameStop.</p>\n<p>Many of Cohen's investment plans for the company require more capital. Unlike Chewy, GameStop cannot rely on fundraising from California's Silicon Valley, yet it could raise hundreds of millions of dollars by seizing on its elevated share price to sell stock. GameStop will be legally allowed to do that once it reports its fourth-quarter results, which are scheduled to be released on Tuesday.</p>\n<p>None of the sources close to Cohen would comment on whether GameStop would seek to raise capital soon. GameStop declined to comment on the matter.</p>\n<p><b>THE CHEWY RECIPE</b></p>\n<p>Cohen founded Chewy in 2011 with Michael Day, who dropped out of college to join in building the startup they sold to retail giant PetSmart for $3.35 billion six years later. Chewy is now a publicly listed company with a market value of $34 billion.</p>\n<p>There are similarities between GameStop and Chewy that give Cohen's supporters confidence he can repeat his success. GameStop has been written off by many industry insiders as the next Blockbuster, the now-defunct movie rental and video game chain. Chewy also was snubbed by much of Silicon Valley as a Pets.com copycat that would be crushed by Amazon.com Inc.</p>\n<p>But there are also key differences. Chewy investors were forgiving of its losses, driven by Cohen's big spending on customer service and marketing, because it delivered breakneck revenue growth.</p>\n<p>GameStop, on the other hand, is no red-hot start-up. Tracing its roots to 1984, it has reported year-on-year revenue declines for the last 10 quarters, and is projected by Wall Street analysts to report a 66% decline in quarterly revenue on Tuesday, according to data compiled by Refinitiv.</p>\n<p>Cohen has cautioned GameStop insiders that there is no guarantee of success and that progress could take time while vowing that the company will turn around its financial results quickly this year and 2022 as new video game systems like Sony's PlayStation or Microsoft's Xbox are released, the sources said. He is focused on recruiting top talent, including a new CFO, the sources said.</p>\n<p>Volition Capital co-founder Larry Cheng, the first investor to back Chewy after about 100 others snubbed it early on, said Cohen's relentless focus could pay off for GameStop.</p>\n<p>\"I certainly wouldn't bet against Ryan. He has a knack for figuring things out,\" Cheng said.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03086":"华夏纳指","WMT":"沃尔玛","GME":"游戏驿站","TGT":"塔吉特","AMZN":"亚马逊","MSFT":"微软","QNETCN":"纳斯达克中美互联网老虎指数","CHWY":"Chewy, Inc.","BBY":"百思买","09086":"华夏纳指-U"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2121486792","content_text":"March 23 (Reuters) - After almost four months of phone calls and emails to GameStop Corp complaining about the slow shipping of an order, New Jersey teacher Steven Titus received a late night call in early March - from a director on the video game retailer's board.\nOn the line was Ryan Cohen, the billionaire co-founder and former chief executive of online pet supplies retailer Chewy who is now leading GameStop's push into e-commerce. Cohen was responding to an email Titus had sent 12 hours earlier to more than two dozen GameStop executives and board members.\n\"NOBODY has attempted to respond except a muddled voicemail with no distinguishable callback number or extension. E-commerce requires a customer support team and processes that are responsive,\" Titus wrote.\n\"I just got your email, I'm so sorry this happened. Let me get to the bottom of this,\" Cohen told Titus.\nCohen then asked GameStop's new customer service chief Kelli Durkin, who spearheaded initiatives at Chewy that included written personal notes to customers, to look into the matter. Titus was reimbursed for his purchase, even though he had not requested a refund and was only complaining about the tardiness of his order.\nThe anecdote, described by Titus and GameStop insiders, is representative of the intensity Cohen has brought to the Grapevine, Texas-based company as he pursues an against-the-odds transformation of the brick-and-mortar retailer into an e-commerce firm that can take on big-box retailers such as Target Corp and Walmart Inc and technology firms such as Microsoft Corp and Sony Corp .\nSince Cohen joined GameStop's board in January, the 35-year-old entrepreneur has been obsessing about customer service, contacting customers late into the night to solicit feedback, and has made a push to upgrade the company's website and online ordering system, eight people who work with or know Cohen said in interviews. Cohen aims to turn GameStop into the \"Chewy of gaming\" with lower prices, better selection and faster delivery times, said the sources, most of them speaking on condition of anonymity.\nWall Street analysts are doubtful Cohen - a college dropout who says he learned the ins and outs of business from his late father, who was a glass importer - can win back GameStop customers who have become accustomed to streaming video games. Some are struggling to understand why the creator of the world's most valuable online pet supplies store would take on a moribund video game retailer as a turnaround project.\nThe sources said Cohen's efforts are driven by a belief that video game lovers will turn to a dedicated internet shop just as pet lovers turned to Chewy.\n\"He has the courage of conviction and that muscle memory of doing this before,\" said Jay Park, a former Chewy investor who founded Prysm Capital.\nCohen declined to comment through a spokesman.\nHis attempted turnaround would have been less in the public eye had GameStop not captured the imagination in January of an army of amateur traders on social media site Reddit who helped drive the company's market value to a peak of $33.7 billion at the end of that month, from $1.4 billion days before. It is now worth about $14 billion. A year ago, GameStop's market capitalization was $250 million.\nCohen invested in GameStop last year before the stock became a social media sensation. His 13% stake in the company, on which he spent roughly $75 million, is now worth about $1.8 billion.\nWall Street is watching his every move. The ouster of GameStop's chief financial officer last month, which Cohen pushed for, was enough to revive a rally in its shares. Investors monitor Cohen's every tweet, trying to make sense of what seemingly unrelated memes like frogs and ice cream cones mean for GameStop.\nMany of Cohen's investment plans for the company require more capital. Unlike Chewy, GameStop cannot rely on fundraising from California's Silicon Valley, yet it could raise hundreds of millions of dollars by seizing on its elevated share price to sell stock. GameStop will be legally allowed to do that once it reports its fourth-quarter results, which are scheduled to be released on Tuesday.\nNone of the sources close to Cohen would comment on whether GameStop would seek to raise capital soon. GameStop declined to comment on the matter.\nTHE CHEWY RECIPE\nCohen founded Chewy in 2011 with Michael Day, who dropped out of college to join in building the startup they sold to retail giant PetSmart for $3.35 billion six years later. Chewy is now a publicly listed company with a market value of $34 billion.\nThere are similarities between GameStop and Chewy that give Cohen's supporters confidence he can repeat his success. GameStop has been written off by many industry insiders as the next Blockbuster, the now-defunct movie rental and video game chain. Chewy also was snubbed by much of Silicon Valley as a Pets.com copycat that would be crushed by Amazon.com Inc.\nBut there are also key differences. Chewy investors were forgiving of its losses, driven by Cohen's big spending on customer service and marketing, because it delivered breakneck revenue growth.\nGameStop, on the other hand, is no red-hot start-up. Tracing its roots to 1984, it has reported year-on-year revenue declines for the last 10 quarters, and is projected by Wall Street analysts to report a 66% decline in quarterly revenue on Tuesday, according to data compiled by Refinitiv.\nCohen has cautioned GameStop insiders that there is no guarantee of success and that progress could take time while vowing that the company will turn around its financial results quickly this year and 2022 as new video game systems like Sony's PlayStation or Microsoft's Xbox are released, the sources said. He is focused on recruiting top talent, including a new CFO, the sources said.\nVolition Capital co-founder Larry Cheng, the first investor to back Chewy after about 100 others snubbed it early on, said Cohen's relentless focus could pay off for GameStop.\n\"I certainly wouldn't bet against Ryan. He has a knack for figuring things out,\" Cheng said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":677,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":353596078,"gmtCreate":1616506761094,"gmtModify":1704795003040,"author":{"id":"3574203435871118","authorId":"3574203435871118","name":"Blubber","avatar":"https://static.tigerbbs.com/8fc25d1ac92658c939c9704630201621","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574203435871118","authorIdStr":"3574203435871118"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353596078","repostId":"2121819744","repostType":4,"isVote":1,"tweetType":1,"viewCount":446,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":359731830,"gmtCreate":1616423170620,"gmtModify":1704793942164,"author":{"id":"3574203435871118","authorId":"3574203435871118","name":"Blubber","avatar":"https://static.tigerbbs.com/8fc25d1ac92658c939c9704630201621","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574203435871118","authorIdStr":"3574203435871118"},"themes":[],"htmlText":"Buy the Dip ?","listText":"Buy the Dip ?","text":"Buy the Dip ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/359731830","repostId":"1144300867","repostType":4,"repost":{"id":"1144300867","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":1616422110,"share":"https://ttm.financial/m/news/1144300867?lang=&edition=fundamental","pubTime":"2021-03-22 22:08","market":"us","language":"en","title":"Crypto Stocks fell rapidly","url":"https://stock-news.laohu8.com/highlight/detail?id=1144300867","media":"Tiger Newspress","summary":"Crypto assets are more for speculation, not as means of payment,Federal Reserve chair Jerome Powell ","content":"<p>Crypto assets are more for speculation, not as means of payment,Federal Reserve chair Jerome Powell said on Monday.</p><p>Crypto Stocks fell rapidly&nbsp;in Monday morning trading.Canaan Inc. fell more&nbsp;8%, Xunlei&nbsp;fell more than 7%,Riot Blockchain&nbsp;and&nbsp;The9&nbsp;Fell more than 5%.</p><p>Bitcoin fell about $500 in the short term to $56754.10 per coin.</p><p><img src=\"https://static.tigerbbs.com/6d888fd90764150569defc2bed3abce2\" tg-width=\"370\" tg-height=\"725\" referrerpolicy=\"no-referrer\"></p><p></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>Crypto Stocks fell rapidly</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\">\nCrypto Stocks fell rapidly\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\">2021-03-22 22:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Crypto assets are more for speculation, not as means of payment,Federal Reserve chair Jerome Powell said on Monday.</p><p>Crypto Stocks fell rapidly&nbsp;in Monday morning trading.Canaan Inc. fell more&nbsp;8%, Xunlei&nbsp;fell more than 7%,Riot Blockchain&nbsp;and&nbsp;The9&nbsp;Fell more than 5%.</p><p>Bitcoin fell about $500 in the short term to $56754.10 per coin.</p><p><img src=\"https://static.tigerbbs.com/6d888fd90764150569defc2bed3abce2\" tg-width=\"370\" tg-height=\"725\" referrerpolicy=\"no-referrer\"></p><p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAN":"嘉楠科技","NCTY":"第九城市","GBTC":"Grayscale Bitcoin Trust","XNET":"迅雷","RIOT":"Riot Platforms"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144300867","content_text":"Crypto assets are more for speculation, not as means of payment,Federal Reserve chair Jerome Powell said on Monday.Crypto Stocks fell rapidly in Monday morning trading.Canaan Inc. fell more 8%, Xunlei fell more than 7%,Riot Blockchain and The9 Fell more than 5%.Bitcoin fell about $500 in the short term to $56754.10 per coin.","news_type":1},"isVote":1,"tweetType":1,"viewCount":418,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":327540496,"gmtCreate":1616112789015,"gmtModify":1704791063698,"author":{"id":"3574203435871118","authorId":"3574203435871118","name":"Blubber","avatar":"https://static.tigerbbs.com/8fc25d1ac92658c939c9704630201621","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574203435871118","authorIdStr":"3574203435871118"},"themes":[],"htmlText":"Facebook ?","listText":"Facebook ?","text":"Facebook ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/327540496","repostId":"1148160962","repostType":4,"isVote":1,"tweetType":1,"viewCount":431,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":324499952,"gmtCreate":1616023055276,"gmtModify":1704789768896,"author":{"id":"3574203435871118","authorId":"3574203435871118","name":"Blubber","avatar":"https://static.tigerbbs.com/8fc25d1ac92658c939c9704630201621","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574203435871118","authorIdStr":"3574203435871118"},"themes":[],"htmlText":"Bitcoin ?","listText":"Bitcoin ?","text":"Bitcoin ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/324499952","repostId":"1102193342","repostType":4,"repost":{"id":"1102193342","pubTimestamp":1615993690,"share":"https://ttm.financial/m/news/1102193342?lang=&edition=fundamental","pubTime":"2021-03-17 23:08","market":"us","language":"en","title":"Morgan Stanley becomes the first big U.S. bank to offer its wealthy clients access to bitcoin funds","url":"https://stock-news.laohu8.com/highlight/detail?id=1102193342","media":"cnbc","summary":"The investment bank told its financial advisors Wednesday in an internal memo that the bank is launching access to three funds that enable ownership of bitcoin, according to people with direct knowledge of the matter.Two of the funds on offer are from Galaxy Digital, the crypto firm founded by Mike Novogratz, while the third is a joint effort from asset manager FS Investments and bitcoin company NYDIG.The bank is only allowing its wealthier clients access to the volatile asset: The bank consider","content":"<div>\n<p>KEY POINTS\n\nThe investment bank told its financial advisors Wednesday in an internal memo that the bank is launching access to three funds that enable ownership of bitcoin, according to people with ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/17/bitcoin-morgan-stanley-is-the-first-big-us-bank-to-offer-wealthy-clients-access-to-bitcoin-funds.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Morgan Stanley becomes the first big U.S. bank to offer its wealthy clients access to bitcoin funds</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\">\nMorgan Stanley becomes the first big U.S. bank to offer its wealthy clients access to bitcoin funds\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-17 23:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/17/bitcoin-morgan-stanley-is-the-first-big-us-bank-to-offer-wealthy-clients-access-to-bitcoin-funds.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe investment bank told its financial advisors Wednesday in an internal memo that the bank is launching access to three funds that enable ownership of bitcoin, according to people with ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/17/bitcoin-morgan-stanley-is-the-first-big-us-bank-to-offer-wealthy-clients-access-to-bitcoin-funds.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.cnbc.com/2021/03/17/bitcoin-morgan-stanley-is-the-first-big-us-bank-to-offer-wealthy-clients-access-to-bitcoin-funds.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1102193342","content_text":"KEY POINTS\n\nThe investment bank told its financial advisors Wednesday in an internal memo that the bank is launching access to three funds that enable ownership of bitcoin, according to people with direct knowledge of the matter.\nTwo of the funds on offer are from Galaxy Digital, the crypto firm founded by Mike Novogratz, while the third is a joint effort from asset manager FS Investments and bitcoin company NYDIG.\nThe bank is only allowing its wealthier clients access to the volatile asset: The bank considers it suitable for people with “an aggressive risk tolerance” who have at least $2 million in assets held by the firm. Investment firms need at least $5 million at the bank to qualify for the new stakes.\n\nMorgan Stanleyis the first big U.S. bank to offer its wealth management clients access tobitcoinfunds, CNBC has learned exclusively.\nThe investment bank, a giant in the wealth management with$4 trillionin client assets, told its financial advisors Wednesday in an internal memo that the bank is launching access to three funds that enable ownership of bitcoin, according to people with direct knowledge of the matter.\nThe move, a significant step for the acceptance ofbitcoinas an asset class, was made by Morgan Stanley after clients demanded exposure to the cryptocurrency, said the people, who declined to be identified sharing details about the bank’s internal communications. Bitcoin’s rally in the past year has put Wall Street firmsunder pressureto consider getting involved in the nascent asset class.\nBut, at least for now, the bank is only allowing its wealthier clients access to the volatile asset: The bank considers it suitable for people with “an aggressive risk tolerance” who have at least $2 million in assets held by the firm.\nSome restrictions\nInvestment firms need at least $5 million at the bank to qualify for the new stakes. In either case, the accounts have to be at least six months old.\nAnd even for those accredited U.S. investors with brokerage accounts and enough assets to qualify, Morgan Stanley is limiting bitcoin investments to as much as 2.5% of their total net worth, said the people.\nTwo of the funds on offer are fromGalaxy Digital, the crypto firm founded by Mike Novogratz, while the third is a joint effort from asset manager FS Investments and bitcoin company NYDIG.\nThe Galaxy Bitcoin Fund LP and FS NYDIG Select Fund have minimum investments of $25,000, while the Galaxy Institutional Bitcoin Fund LP has a $5 million minimum.\nClients can likely make investments as early as next month, after the bank’s financial advisors complete training courses tied to the new offerings, said the people.","news_type":1},"isVote":1,"tweetType":1,"viewCount":395,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":325356147,"gmtCreate":1615867766389,"gmtModify":1704787693105,"author":{"id":"3574203435871118","authorId":"3574203435871118","name":"Blubber","avatar":"https://static.tigerbbs.com/8fc25d1ac92658c939c9704630201621","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574203435871118","authorIdStr":"3574203435871118"},"themes":[],"htmlText":"Like and share pls","listText":"Like and share pls","text":"Like and share pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/325356147","repostId":"1159089513","repostType":4,"isVote":1,"tweetType":1,"viewCount":789,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":321086620,"gmtCreate":1615385570660,"gmtModify":1704781993915,"author":{"id":"3574203435871118","authorId":"3574203435871118","name":"Blubber","avatar":"https://static.tigerbbs.com/8fc25d1ac92658c939c9704630201621","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574203435871118","authorIdStr":"3574203435871118"},"themes":[],"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/321086620","repostId":"1129292669","repostType":4,"repost":{"id":"1129292669","pubTimestamp":1615384190,"share":"https://ttm.financial/m/news/1129292669?lang=&edition=fundamental","pubTime":"2021-03-10 21:49","market":"us","language":"en","title":"Biden administration to buy an additional 100 million doses of J&J's Covid vaccine","url":"https://stock-news.laohu8.com/highlight/detail?id=1129292669","media":"cnbc","summary":"The U.S. plans to buy 100 million additional doses of Johnson & Johnson's Covid-19 vaccine, two admi","content":"<div>\n<p>The U.S. plans to buy 100 million additional doses of Johnson & Johnson's Covid-19 vaccine, two administration sources told NBC News.、\nPresident Joe Biden will announce the plans Wednesday during a ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/10/jj-covid-vaccine-biden-administration-to-buy-an-additional-100-million-doses.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biden administration to buy an additional 100 million doses of J&J's Covid vaccine</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\">\nBiden administration to buy an additional 100 million doses of J&J's Covid vaccine\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-10 21:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/10/jj-covid-vaccine-biden-administration-to-buy-an-additional-100-million-doses.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The U.S. plans to buy 100 million additional doses of Johnson & Johnson's Covid-19 vaccine, two administration sources told NBC News.、\nPresident Joe Biden will announce the plans Wednesday during a ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/10/jj-covid-vaccine-biden-administration-to-buy-an-additional-100-million-doses.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JNJ":"强生"},"source_url":"https://www.cnbc.com/2021/03/10/jj-covid-vaccine-biden-administration-to-buy-an-additional-100-million-doses.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1129292669","content_text":"The U.S. plans to buy 100 million additional doses of Johnson & Johnson's Covid-19 vaccine, two administration sources told NBC News.、\nPresident Joe Biden will announce the plans Wednesday during a White House meeting with executives from J&J and Merck.\nJ&J currently has a deal with the U.S. government to provide 100 million doses by the end of June. The federal government shipped out nearly 3.9 million doses of the single-shot vaccine last week and says it plans to distribute 16 million more by the end of this month.\nThe announcement comes as the administration works to ramp up the production of J&J’s vaccine after it learned earlier in the year that the company had fallen behind in vaccine production.\nThe New York Times first reported in January that unexpected manufacturing delays would lead to a reduced initial supply of J&J’s drug if it were given emergency authorization.\nLast week,Biden announced that pharmaceutical giant Merck would help make J&J’s Covid vaccine. Under the arrangement, Merck will dedicate two facilities in the U.S. to J&J’s vaccine. One will make the vaccine and the other will provide “fill-finish” services, when the vaccine is placed in vials.\nWhite House Chief Medical Advisor Dr. Anthony Fauci said last month he was “disappointed” with the number of doses initially expected from J&J, adding the federal government thought there would be “considerably more.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":296,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":323183477,"gmtCreate":1615309881799,"gmtModify":1704781053560,"author":{"id":"3574203435871118","authorId":"3574203435871118","name":"Blubber","avatar":"https://static.tigerbbs.com/8fc25d1ac92658c939c9704630201621","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574203435871118","authorIdStr":"3574203435871118"},"themes":[],"htmlText":"Let’s go!!!! ?","listText":"Let’s go!!!! ?","text":"Let’s go!!!! ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/323183477","repostId":"323183838","repostType":1,"repost":{"id":323183838,"gmtCreate":1615309847924,"gmtModify":1704781052754,"author":{"id":"3575289900188639","authorId":"3575289900188639","name":"giogio","avatar":"https://static.tigerbbs.com/2493640e03a12e7020fe03fefc2d021c","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3575289900188639","authorIdStr":"3575289900188639"},"themes":[],"htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/LKCO\">$Luokung Technology Corp(LKCO)$</a> LKCO to the MOON! US Judge questioned Xiaomi delist as baseless, same Judge for LKCO delist hearing, good news !","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/LKCO\">$Luokung Technology Corp(LKCO)$</a> LKCO to the MOON! US Judge questioned Xiaomi delist as baseless, same Judge for LKCO delist hearing, good news !","text":"$Luokung Technology Corp(LKCO)$ LKCO to the MOON! US Judge questioned Xiaomi delist as baseless, same Judge for LKCO delist hearing, good news !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/323183838","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":560,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":323183082,"gmtCreate":1615309817546,"gmtModify":1704781051943,"author":{"id":"3574203435871118","authorId":"3574203435871118","name":"Blubber","avatar":"https://static.tigerbbs.com/8fc25d1ac92658c939c9704630201621","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574203435871118","authorIdStr":"3574203435871118"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/LKCO\">$Luokung Technology Corp(LKCO)$</a>???","listText":"<a href=\"https://laohu8.com/S/LKCO\">$Luokung Technology Corp(LKCO)$</a>???","text":"$Luokung Technology Corp(LKCO)$???","images":[{"img":"https://static.tigerbbs.com/b631df4f198316d683a982c485481984","width":"1242","height":"2385"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/323183082","isVote":1,"tweetType":1,"viewCount":117,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":364346829,"gmtCreate":1614818566561,"gmtModify":1704775583949,"author":{"id":"3574203435871118","authorId":"3574203435871118","name":"Blubber","avatar":"https://static.tigerbbs.com/8fc25d1ac92658c939c9704630201621","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574203435871118","authorIdStr":"3574203435871118"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/364346829","repostId":"1107788140","repostType":4,"repost":{"id":"1107788140","pubTimestamp":1614816795,"share":"https://ttm.financial/m/news/1107788140?lang=&edition=fundamental","pubTime":"2021-03-04 08:13","market":"us","language":"en","title":"Wall Street drops as high-flying tech stocks retreat","url":"https://stock-news.laohu8.com/highlight/detail?id=1107788140","media":"Reuters","summary":"(Reuters) - The Nasdaq ended sharply lower on Wednesday after investors sold high-flying technology ","content":"<p>(Reuters) - The Nasdaq ended sharply lower on Wednesday after investors sold high-flying technology shares and pivoted to sectors viewed as more likely to benefit from an economic recovery on the back of fiscal stimulus and vaccination programs.</p><p>Microsoft Corp, Apple Inc and Amazon.com Inc dropped more than 2%, weighing more than any other stocks on the S&amp;P 500.</p><p>The S&amp;P 500 financial and industrial sector indexes reached intra-day record highs. Most other S&amp;P 500 sectors declined.</p><p>“Today is the perfect encapsulation of the big theme we’ve been seeing in the past couple of months: The vaccine rollout is going well and the economy improving, and that is sending yields and rate expectations higher, which is hurting growth stocks,” said Baird investment strategist Ross Mayfield, in Louisville, Kentucky.</p><p>The Dow Jones Industrial Average fell 0.39% to end at 31,270.09 points, while the S&amp;P 500 lost 1.31% to 3,819.72.</p><p>The Nasdaq Composite dropped 2.7% to 12,997.75. That left it at its lowest since early January and reduced its gain in 2021 to less than 1%.</p><p>The U.S. economic recovery continued at a modest pace over the first weeks of this year, with businesses optimistic about the months to come and demand for housing “robust,” but only slow improvement in the job market, the Federal Reserve reported.</p><p>While the vaccine distribution is expected to help the economy, data showed U.S. private employers hired fewer workers than expected in February, suggesting the labor market was struggling to regain speed.</p><p>Another report showed U.S. services industry activity unexpectedly slowed in February amid winter storms, while a measure of prices paid by companies for inputs surged to the highest level in nearly 12-1/2 years.</p><p>The U.S. 10-year Treasury yield ticked up to 1.47%, pressuring areas of the market with high valuations. It was still off last week’s peak of above 1.61% that roiled stock markets as investors bet on rising inflation.</p><p>Rising interest rates disproportionately hurt high-growth tech companies because investors value them based on earnings expected years into the future, and high interest rates hurt the value of future earnings more than the value of earnings made in the short term.</p><p>“There is a definite headwind for equity markets if yields go above the 1.5% level with most investors keeping an eye on the pace of yield growth,” said Michael Stritch, chief investment officer at BMO Wealth Management.</p><p>President Joe Biden’s proposed $1.9 trillion coronavirus relief bill would phase out $1,400 payments to high-income Americans in a compromise with moderate Democratic senators, according to lawmakers and media reports.</p><p>Exxon Mobil Corp rose 0.8% after the oil major unveiled plans to grow dividends and curb spending with projections that were less bold than previous years.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.31-to-1 ratio; on Nasdaq, a 1.95-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 62 new 52-week highs and no new lows; the Nasdaq Composite recorded 284 new highs and 68 new lows.</p><p>Volume on U.S. exchanges was 14 billion shares, compared with the 14.9 billion average for the full session over the last 20 trading days.</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>Wall Street drops as high-flying tech stocks retreat</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\">\nWall Street drops as high-flying tech stocks retreat\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-04 08:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-usa-stocks/wall-street-drops-as-high-flying-tech-stocks-retreat-idUSKBN2AV1EG><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - The Nasdaq ended sharply lower on Wednesday after investors sold high-flying technology shares and pivoted to sectors viewed as more likely to benefit from an economic recovery on the back...</p>\n\n<a href=\"https://www.reuters.com/article/us-usa-stocks/wall-street-drops-as-high-flying-tech-stocks-retreat-idUSKBN2AV1EG\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","AAPL":"苹果"},"source_url":"https://www.reuters.com/article/us-usa-stocks/wall-street-drops-as-high-flying-tech-stocks-retreat-idUSKBN2AV1EG","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107788140","content_text":"(Reuters) - The Nasdaq ended sharply lower on Wednesday after investors sold high-flying technology shares and pivoted to sectors viewed as more likely to benefit from an economic recovery on the back of fiscal stimulus and vaccination programs.Microsoft Corp, Apple Inc and Amazon.com Inc dropped more than 2%, weighing more than any other stocks on the S&P 500.The S&P 500 financial and industrial sector indexes reached intra-day record highs. Most other S&P 500 sectors declined.“Today is the perfect encapsulation of the big theme we’ve been seeing in the past couple of months: The vaccine rollout is going well and the economy improving, and that is sending yields and rate expectations higher, which is hurting growth stocks,” said Baird investment strategist Ross Mayfield, in Louisville, Kentucky.The Dow Jones Industrial Average fell 0.39% to end at 31,270.09 points, while the S&P 500 lost 1.31% to 3,819.72.The Nasdaq Composite dropped 2.7% to 12,997.75. That left it at its lowest since early January and reduced its gain in 2021 to less than 1%.The U.S. economic recovery continued at a modest pace over the first weeks of this year, with businesses optimistic about the months to come and demand for housing “robust,” but only slow improvement in the job market, the Federal Reserve reported.While the vaccine distribution is expected to help the economy, data showed U.S. private employers hired fewer workers than expected in February, suggesting the labor market was struggling to regain speed.Another report showed U.S. services industry activity unexpectedly slowed in February amid winter storms, while a measure of prices paid by companies for inputs surged to the highest level in nearly 12-1/2 years.The U.S. 10-year Treasury yield ticked up to 1.47%, pressuring areas of the market with high valuations. It was still off last week’s peak of above 1.61% that roiled stock markets as investors bet on rising inflation.Rising interest rates disproportionately hurt high-growth tech companies because investors value them based on earnings expected years into the future, and high interest rates hurt the value of future earnings more than the value of earnings made in the short term.“There is a definite headwind for equity markets if yields go above the 1.5% level with most investors keeping an eye on the pace of yield growth,” said Michael Stritch, chief investment officer at BMO Wealth Management.President Joe Biden’s proposed $1.9 trillion coronavirus relief bill would phase out $1,400 payments to high-income Americans in a compromise with moderate Democratic senators, according to lawmakers and media reports.Exxon Mobil Corp rose 0.8% after the oil major unveiled plans to grow dividends and curb spending with projections that were less bold than previous years.Declining issues outnumbered advancing ones on the NYSE by a 1.31-to-1 ratio; on Nasdaq, a 1.95-to-1 ratio favored decliners.The S&P 500 posted 62 new 52-week highs and no new lows; the Nasdaq Composite recorded 284 new highs and 68 new lows.Volume on U.S. exchanges was 14 billion shares, compared with the 14.9 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":159,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":384589531,"gmtCreate":1613660871523,"gmtModify":1704883409029,"author":{"id":"3574203435871118","authorId":"3574203435871118","name":"Blubber","avatar":"https://static.tigerbbs.com/8fc25d1ac92658c939c9704630201621","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574203435871118","authorIdStr":"3574203435871118"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/LKCO\">$Luokung Technology Corp(LKCO)$</a>Dip due to liquidation by stock volume, hold long should reap results soon :)","listText":"<a href=\"https://laohu8.com/S/LKCO\">$Luokung Technology Corp(LKCO)$</a>Dip due to liquidation by stock volume, hold long should reap results soon :)","text":"$Luokung Technology Corp(LKCO)$Dip due to liquidation by stock volume, hold long should reap results soon :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/384589531","isVote":1,"tweetType":1,"viewCount":66,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":325356147,"gmtCreate":1615867766389,"gmtModify":1704787693105,"author":{"id":"3574203435871118","authorId":"3574203435871118","name":"Blubber","avatar":"https://static.tigerbbs.com/8fc25d1ac92658c939c9704630201621","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574203435871118","idStr":"3574203435871118"},"themes":[],"htmlText":"Like and share pls","listText":"Like and share pls","text":"Like and share pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/325356147","repostId":"1159089513","repostType":4,"repost":{"id":"1159089513","pubTimestamp":1615867068,"share":"https://ttm.financial/m/news/1159089513?lang=&edition=fundamental","pubTime":"2021-03-16 11:57","market":"fut","language":"en","title":"Hedge Funds Kicked Off 2021 With $49 Billion Sale of Treasuries","url":"https://stock-news.laohu8.com/highlight/detail?id=1159089513","media":"Bloomberg","summary":"Funds were the biggest net seller of U.S. bonds in January\nSelling came on the back of Democratic sw","content":"<ul>\n <li>Funds were the biggest net seller of U.S. bonds in January</li>\n <li>Selling came on the back of Democratic sweep in Georgia race</li>\n</ul>\n<p>Hedge funds offloaded the most Treasuries in nine months in January, foreshadowing a selloff in U.S. bonds that occurred just weeks later.</p>\n<p>The Cayman Islands, seen as a proxy for hedge funds and other leveraged accounts, dumped $49 billion of U.S. sovereign bonds, making it the largest net seller of the debt that month, according to the latest data from the Treasury Department.</p>\n<p>The selling came on the back of the Democratic victories in the January 5 Georgia run-off race which paved the way for bumper stimulus spending to revive the U.S. economy. Bets for growth and inflation to quicken have since gained traction, fueling a jump in Treasury yields to the highest in over a year.</p>\n<p><img src=\"https://static.tigerbbs.com/d64f0495aebab8cfc18c7e27d8681c4c\" tg-width=\"1200\" tg-height=\"675\"></p>\n<p>Benchmark U.S. yields rose 15 basis points in January to break the 1% level for the first time in over nine months. The data, released on Monday, suggest hedge funds were well positioned for what was to follow, as yields surged another 34 basis points in February.</p>\n<p>Hedge Fund Research Inc.’s Macro Total Index, which tracks discretionary macro managers among others, climbed 0.2% in January, before clocking up a 2.8% gain in February.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hedge Funds Kicked Off 2021 With $49 Billion Sale of Treasuries</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\">\nHedge Funds Kicked Off 2021 With $49 Billion Sale of Treasuries\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-16 11:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-16/hedge-funds-kicked-off-2021-with-49-billion-sale-of-treasuries><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Funds were the biggest net seller of U.S. bonds in January\nSelling came on the back of Democratic sweep in Georgia race\n\nHedge funds offloaded the most Treasuries in nine months in January, ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-16/hedge-funds-kicked-off-2021-with-49-billion-sale-of-treasuries\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-16/hedge-funds-kicked-off-2021-with-49-billion-sale-of-treasuries","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159089513","content_text":"Funds were the biggest net seller of U.S. bonds in January\nSelling came on the back of Democratic sweep in Georgia race\n\nHedge funds offloaded the most Treasuries in nine months in January, foreshadowing a selloff in U.S. bonds that occurred just weeks later.\nThe Cayman Islands, seen as a proxy for hedge funds and other leveraged accounts, dumped $49 billion of U.S. sovereign bonds, making it the largest net seller of the debt that month, according to the latest data from the Treasury Department.\nThe selling came on the back of the Democratic victories in the January 5 Georgia run-off race which paved the way for bumper stimulus spending to revive the U.S. economy. Bets for growth and inflation to quicken have since gained traction, fueling a jump in Treasury yields to the highest in over a year.\n\nBenchmark U.S. yields rose 15 basis points in January to break the 1% level for the first time in over nine months. The data, released on Monday, suggest hedge funds were well positioned for what was to follow, as yields surged another 34 basis points in February.\nHedge Fund Research Inc.’s Macro Total Index, which tracks discretionary macro managers among others, climbed 0.2% in January, before clocking up a 2.8% gain in February.","news_type":1},"isVote":1,"tweetType":1,"viewCount":789,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374459096,"gmtCreate":1619478488815,"gmtModify":1704724418002,"author":{"id":"3574203435871118","authorId":"3574203435871118","name":"Blubber","avatar":"https://static.tigerbbs.com/8fc25d1ac92658c939c9704630201621","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574203435871118","idStr":"3574203435871118"},"themes":[],"htmlText":"Like and comments pls","listText":"Like and comments pls","text":"Like and comments pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/374459096","repostId":"1184404050","repostType":4,"repost":{"id":"1184404050","pubTimestamp":1619319329,"share":"https://ttm.financial/m/news/1184404050?lang=&edition=fundamental","pubTime":"2021-04-25 10:55","market":"us","language":"en","title":"What to watch in the markets this week","url":"https://stock-news.laohu8.com/highlight/detail?id=1184404050","media":"CNBC","summary":"The last week of April will be extremely busy for markets with a third of the S&P 500 reporting earnings, a Federal Reserve meeting, and new spending and tax proposals from the White House.Big Tech is a highlight of the earnings calendar, with Apple, Microsoft, Amazon, Facebook and Alphabet all releasing results.The Fed is not expected to take any action, but economists expect it to defend its policy to let inflation run hot.There is some key data including first-quarter gross domestic product a","content":"<div>\n<p>KEY POINTSThe last week of April will be extremely busy for markets with a third of the S&P 500 reporting earnings, a Federal Reserve meeting, and new spending and tax proposals from the White House....</p>\n\n<a href=\"https://www.cnbc.com/2021/04/23/taxes-and-inflation-will-be-key-themes-for-markets-in-the-week-ahead.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What to watch in the markets this week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat to watch in the markets this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-25 10:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/23/taxes-and-inflation-will-be-key-themes-for-markets-in-the-week-ahead.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSThe last week of April will be extremely busy for markets with a third of the S&P 500 reporting earnings, a Federal Reserve meeting, and new spending and tax proposals from the White House....</p>\n\n<a href=\"https://www.cnbc.com/2021/04/23/taxes-and-inflation-will-be-key-themes-for-markets-in-the-week-ahead.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","AAPL":"苹果","GOOGL":"谷歌A",".DJI":"道琼斯","AMZN":"亚马逊",".IXIC":"NASDAQ Composite","TSLA":"特斯拉",".SPX":"S&P 500 Index"},"source_url":"https://www.cnbc.com/2021/04/23/taxes-and-inflation-will-be-key-themes-for-markets-in-the-week-ahead.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1184404050","content_text":"KEY POINTSThe last week of April will be extremely busy for markets with a third of the S&P 500 reporting earnings, a Federal Reserve meeting, and new spending and tax proposals from the White House.Big Tech is a highlight of the earnings calendar, with Apple, Microsoft, Amazon, Facebook and Alphabet all releasing results.The Fed is not expected to take any action, but economists expect it to defend its policy to let inflation run hot.There is some key data including first-quarter gross domestic product and the Fed’s favorite inflation measure: the personal consumption expenditures deflator.The final week of April is going to be a busy one for markets with a Federal Reserve meeting and a deluge of earnings news.Hot topics in markets will continue to be inflation and taxes.President Joe Biden is expected to detail his “American Families Plan” and the tax increases to pay for it, including a much higher capital gains tax for the wealthy.The plan is the second part of his Build Back Better agenda and will include new spending proposals aimed at helping families. The president addresses a joint session of Congress Wednesday evening.It’s a huge week for earnings with about a third of the S&P 500 reporting, including Big Tech names, such as Apple,Microsoft,Alphabet and Amazon.As many have already done, firms like Boeing, Ford,Caterpillar and McDonald’s, are likely to detail cost pressures they are facing from rising materials and transportation costs and supply chain disruptions.At the same time, the Fed is expected to defend its policy of letting inflation run hot, while assuring markets it sees the pick-up in prices as only temporary. The central bank meets on Tuesday and Wednesday.The central bank takes the main stage“I think the Fed would like not to be a feature next week, but the Fed will be forced from the background because of concerns about inflation,” said Diane Swonk, chief economist at Grant Thornton.The central bank is not expected to make any policy moves, but Fed Chairman Jerome Powell’s press briefing following the meeting Wednesday will be closely watched.So far, the barrage of earnings news has been positive, with 86% of companies reporting earnings beats. Corporate profits are expected to be up about 33.9% for the first quarter, based on estimates and actual reports, according to Refinitiv. Revenues are about 9.9% higher.There is important inflation data Friday when the Fed’s preferred inflation gauge is reported.The personal consumption expenditure report is expected to show a 1.8% rise in core inflation, still below the Fed’s target of 2%. Other data releases include the first-quarter gross domestic product on Thursday, which is expected to have grown by 6.5%, according to Dow Jones.“I think the Fed has no urgency to shift monetary policy at this point,” said Ian Lyngen, head of U.S. rates strategy at BMO. “The Fed needs to acknowledge that the data is improving. We had a strong first quarter.”“The Fed needs to acknowledge that but at the same time they’re keeping extremely accommodative policy in place, so they’ll have to make a note to the fact that the easy policy is warranted,” he said.Lyngen said the Fed will likely point to continued concerns about the pandemic globally as a potential risk to the economic recovery.Powell is also expected to once more explain that the Fed will let inflation rise above its 2% target for a period of time before it raises rates so that the economy can have more time to heal. “It’s going to be a challenge for the Fed,” said Swonk.The base effects for the next several months will make inflation appear to have jumped sharply because of the comparison to a weak period last year. The consumer price index for April could be above 3%, compared to 2.6% last month, Swonk added.“The Fed is trying to let a lot more people get out onto the dance floor before it calls ‘last call,’” she said. “Really what Powell has been saying since day one is if we take care of people on the margins and bring them back into the labor force, the rest will take care of itself.”Stocks were slightly lower in the past week, and Treasury yields held at lower levels. The 10-year yield,which moves opposite price, was at 1.55% Friday.The S&P 500was down 0.1%, ending the week at 4,180, while Nasdaq Composite was down nearly 0.3% at 14,016. The Dow was off just shy of 0.5% at 34,043.Tax hike prospectsStocks were hit hard on Thursday when after a news report said that Biden is expected to propose a capital gains tax rate of 39.6% for people earning more than $1 million a year.Combined with the 3.8% net investment income tax, the new levy would more than double the long term capital gains rate of 20% or the richest Americans.Strategists said Biden is expected to propose raising the income tax rate for those earning more than $400,000.“I think a lot of people are starting to price in the risk there going to be a significant increase in both corporate and capital gains taxes,” said Lyngen.So far, companies have not provided much in the way of commentary on the proposed hike in corporate taxes to 28% from 21% but they have been talking about other costs.David Bianco, chief investment strategist for the Americas at DWS, said he expects larger companies will do better dealing with supply chain constraints than smaller ones. Big Tech is also likely to fare better during the semiconductor shortage than auto makers, which have already announced production shutdowns, he said.“Next week is tech week. I think we’re going to get down on our knees and just be in awe of their business models and their ability to grow at a behemoth scale,” Bianco said.He said he’s not in favor of Wall Street’s popular trade into cyclicals and out of growth. He still favors growth.“We’re overweight equities really because we’re concerned about rising interest rates,” Bianco said. “I’m not bullish in that I expect the market to rise that much from here.”“We stuck with growth and dug deeper into bond substitutes, utilities, staples, real estate,” he said, adding he is underweight industrials, energy and materials. “Energy is doomed. It’s being nationalized via regulation. I do like industrials, they are well-run companies, but I do think infrastructure spending expectations for classic infrastructure are too high.”He also said industrials are good businesses, but the stocks have become overvalued.Bianco said he likes big box stores, but smaller retailers are facing big challenges that were already impacting them prior to Covid. He also finds small biotech firms attractive.“I like healthcare stocks. Those valuations are reasonable. People have been paranoid about politicians beating on them since 1992. They manage through it and lately they’ve been delivering,” he said.Week ahead calendarMondayEarnings:Tesla,Canadian National Railway, Canon,Check Point Software,Otis Worldwide, Vale,Ameriprise,NXP Semiconductor,Albertsons, Royal Phillips8:30 a.m. Durable goodsTuesdayFOMC begins two day meetingEarnings:Microsoft,Alphabet,Visa,Amgen,Advanced Micro Devices,3M,General Electric,Eli Lilly, Hasbro,United Parcel Service,BP,Novartis,JetBlue,Pultegroup,Archer Daniels Midland,Waste Management,Starbucks,Texas Instrument,Chubb,Mondelez,FireEye,Corning,Raytheon9:00 a.m. S&P/Case-Shiller9:00 a.m. FHFA home prices10:00 a.m. Consumer confidence10:00 a.m. Housing vacanciesWednesdayEarnings:Apple, Boeing,Facebook,Qualcomm,Ford,MGM Resorts,Humana,Norfolk Southern,General Dynamics,Boston Scientific, eBay, Samsung Electronics, GlaxoSmithKline,Yum Brands, SiriusXM, Aflac,Cheesecake Factory,Community Health System,CIT Group,Entergy,CME Group,Hess,Ryder System8:30 a.m. Advance economic indicators2:00 p.m. Fed statement2:30 p.m. Fed Chairman Jerome Powell briefingThursdayEarnings:Amazon,Caterpillar,McDonald’s,Twitter,Bristol-Myers Squibb,Comcast,Merck,Northrop Grumman, Airbus,Kraft Heinz,Intercontinental Exchange,Mastercard,Gilead Sciences,U.S. Steel, Cirrus Logic,Texas Roadhouse, Cabot Oil, PG&E,Royal Dutch Shell,Church & Dwight, Carlyle Group,Southern Co.8:30 a.m. Initial jobless claims8:30 a.m. Real GDP Q110:00 a.m. Pending home salesFridayEarnings:ExxonMobil,Chevron,Colgate-Palmolive,AstraZeneca,Clorox,Barclays, AbbVie, BNP Paribas,Weyerhaeuser,Illinois Tool Works, CBOE Global Markets, Lazard,Newell Brands,Aon,LyondellBasell,Pitney Bowes,Phillips 66,Charter Communications8:30 a.m. Personal income and spending8:30 a.m. Employment cost index Q19:45 a.m. Chicago PMI10:00 a.m. Consumer sentimentSaturdayEarnings:Berkshire Hathaway","news_type":1},"isVote":1,"tweetType":1,"viewCount":626,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":324499952,"gmtCreate":1616023055276,"gmtModify":1704789768896,"author":{"id":"3574203435871118","authorId":"3574203435871118","name":"Blubber","avatar":"https://static.tigerbbs.com/8fc25d1ac92658c939c9704630201621","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574203435871118","idStr":"3574203435871118"},"themes":[],"htmlText":"Bitcoin ?","listText":"Bitcoin ?","text":"Bitcoin ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/324499952","repostId":"1102193342","repostType":4,"repost":{"id":"1102193342","pubTimestamp":1615993690,"share":"https://ttm.financial/m/news/1102193342?lang=&edition=fundamental","pubTime":"2021-03-17 23:08","market":"us","language":"en","title":"Morgan Stanley becomes the first big U.S. bank to offer its wealthy clients access to bitcoin funds","url":"https://stock-news.laohu8.com/highlight/detail?id=1102193342","media":"cnbc","summary":"The investment bank told its financial advisors Wednesday in an internal memo that the bank is launching access to three funds that enable ownership of bitcoin, according to people with direct knowledge of the matter.Two of the funds on offer are from Galaxy Digital, the crypto firm founded by Mike Novogratz, while the third is a joint effort from asset manager FS Investments and bitcoin company NYDIG.The bank is only allowing its wealthier clients access to the volatile asset: The bank consider","content":"<div>\n<p>KEY POINTS\n\nThe investment bank told its financial advisors Wednesday in an internal memo that the bank is launching access to three funds that enable ownership of bitcoin, according to people with ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/17/bitcoin-morgan-stanley-is-the-first-big-us-bank-to-offer-wealthy-clients-access-to-bitcoin-funds.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Morgan Stanley becomes the first big U.S. bank to offer its wealthy clients access to bitcoin funds</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\">\nMorgan Stanley becomes the first big U.S. bank to offer its wealthy clients access to bitcoin funds\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-17 23:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/17/bitcoin-morgan-stanley-is-the-first-big-us-bank-to-offer-wealthy-clients-access-to-bitcoin-funds.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe investment bank told its financial advisors Wednesday in an internal memo that the bank is launching access to three funds that enable ownership of bitcoin, according to people with ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/17/bitcoin-morgan-stanley-is-the-first-big-us-bank-to-offer-wealthy-clients-access-to-bitcoin-funds.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.cnbc.com/2021/03/17/bitcoin-morgan-stanley-is-the-first-big-us-bank-to-offer-wealthy-clients-access-to-bitcoin-funds.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1102193342","content_text":"KEY POINTS\n\nThe investment bank told its financial advisors Wednesday in an internal memo that the bank is launching access to three funds that enable ownership of bitcoin, according to people with direct knowledge of the matter.\nTwo of the funds on offer are from Galaxy Digital, the crypto firm founded by Mike Novogratz, while the third is a joint effort from asset manager FS Investments and bitcoin company NYDIG.\nThe bank is only allowing its wealthier clients access to the volatile asset: The bank considers it suitable for people with “an aggressive risk tolerance” who have at least $2 million in assets held by the firm. Investment firms need at least $5 million at the bank to qualify for the new stakes.\n\nMorgan Stanleyis the first big U.S. bank to offer its wealth management clients access tobitcoinfunds, CNBC has learned exclusively.\nThe investment bank, a giant in the wealth management with$4 trillionin client assets, told its financial advisors Wednesday in an internal memo that the bank is launching access to three funds that enable ownership of bitcoin, according to people with direct knowledge of the matter.\nThe move, a significant step for the acceptance ofbitcoinas an asset class, was made by Morgan Stanley after clients demanded exposure to the cryptocurrency, said the people, who declined to be identified sharing details about the bank’s internal communications. Bitcoin’s rally in the past year has put Wall Street firmsunder pressureto consider getting involved in the nascent asset class.\nBut, at least for now, the bank is only allowing its wealthier clients access to the volatile asset: The bank considers it suitable for people with “an aggressive risk tolerance” who have at least $2 million in assets held by the firm.\nSome restrictions\nInvestment firms need at least $5 million at the bank to qualify for the new stakes. In either case, the accounts have to be at least six months old.\nAnd even for those accredited U.S. investors with brokerage accounts and enough assets to qualify, Morgan Stanley is limiting bitcoin investments to as much as 2.5% of their total net worth, said the people.\nTwo of the funds on offer are fromGalaxy Digital, the crypto firm founded by Mike Novogratz, while the third is a joint effort from asset manager FS Investments and bitcoin company NYDIG.\nThe Galaxy Bitcoin Fund LP and FS NYDIG Select Fund have minimum investments of $25,000, while the Galaxy Institutional Bitcoin Fund LP has a $5 million minimum.\nClients can likely make investments as early as next month, after the bank’s financial advisors complete training courses tied to the new offerings, said the people.","news_type":1},"isVote":1,"tweetType":1,"viewCount":395,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":359731830,"gmtCreate":1616423170620,"gmtModify":1704793942164,"author":{"id":"3574203435871118","authorId":"3574203435871118","name":"Blubber","avatar":"https://static.tigerbbs.com/8fc25d1ac92658c939c9704630201621","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574203435871118","idStr":"3574203435871118"},"themes":[],"htmlText":"Buy the Dip ?","listText":"Buy the Dip ?","text":"Buy the Dip ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/359731830","repostId":"1144300867","repostType":4,"isVote":1,"tweetType":1,"viewCount":418,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374459427,"gmtCreate":1619478525269,"gmtModify":1704724419624,"author":{"id":"3574203435871118","authorId":"3574203435871118","name":"Blubber","avatar":"https://static.tigerbbs.com/8fc25d1ac92658c939c9704630201621","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574203435871118","idStr":"3574203435871118"},"themes":[],"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/374459427","repostId":"1119741842","repostType":4,"repost":{"id":"1119741842","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":1619446937,"share":"https://ttm.financial/m/news/1119741842?lang=&edition=fundamental","pubTime":"2021-04-26 22:22","market":"sh","language":"en","title":"Huawei in U.S. court after being accused of improperly helping its CFO in Canada","url":"https://stock-news.laohu8.com/highlight/detail?id=1119741842","media":"Reuters","summary":"Lawyers for China’s Huawei will appear in a New York court on Monday to defend the indicted telecoms","content":"<p>Lawyers for China’s Huawei will appear in a New York court on Monday to defend the indicted telecoms equipment giant against accusations it is improperly helping its chief financial officer fight extradition from Canada.</p>\n<p>U.S. prosecutors claim Huawei wrongly shared materials the government disclosed in the criminal case against the company with chief executive officer Meng Wanzhou, who also is charged but considered a fugitive.</p>\n<p>A hearing on the dispute is scheduled for Monday afternoon in U.S. District Court in Brooklyn, where Huawei and Meng were indicted for bank fraud and other crimes, in a case that has strained ties between the United States, China and Canada. Meng was arrested on a U.S. warrant in Vancouver in December 2018.</p>\n<p>Huawei’s counsel is “impermissibly using the government’s discovery in this case to help Meng fight extradition from Canada,” U.S. prosecutors said in an April 14 letter seeking the hearing.</p>\n<p>Huawei has denied it made information available in violation of any court orders. Nothing “prohibits the defendants from stating that the evidence provided in discovery contradicts the government’s allegations,” lawyers representing Huawei wrote in an April 21 filing.</p>\n<p>The indictment is one battle in a campaign the United States has waged against Huawei, which it has warned could spy on customers for Beijing. The company also was placed on a U.S. trade blacklist, and the United States moved to cut off its global chip supply.</p>\n<p>Huawei has pleaded not guilty in the case and Meng has said she is innocent.</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>Huawei in U.S. court after being accused of improperly helping its CFO in Canada</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\">\nHuawei in U.S. court after being accused of improperly helping its CFO in Canada\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\">2021-04-26 22:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Lawyers for China’s Huawei will appear in a New York court on Monday to defend the indicted telecoms equipment giant against accusations it is improperly helping its chief financial officer fight extradition from Canada.</p>\n<p>U.S. prosecutors claim Huawei wrongly shared materials the government disclosed in the criminal case against the company with chief executive officer Meng Wanzhou, who also is charged but considered a fugitive.</p>\n<p>A hearing on the dispute is scheduled for Monday afternoon in U.S. District Court in Brooklyn, where Huawei and Meng were indicted for bank fraud and other crimes, in a case that has strained ties between the United States, China and Canada. Meng was arrested on a U.S. warrant in Vancouver in December 2018.</p>\n<p>Huawei’s counsel is “impermissibly using the government’s discovery in this case to help Meng fight extradition from Canada,” U.S. prosecutors said in an April 14 letter seeking the hearing.</p>\n<p>Huawei has denied it made information available in violation of any court orders. Nothing “prohibits the defendants from stating that the evidence provided in discovery contradicts the government’s allegations,” lawyers representing Huawei wrote in an April 21 filing.</p>\n<p>The indictment is one battle in a campaign the United States has waged against Huawei, which it has warned could spy on customers for Beijing. The company also was placed on a U.S. trade blacklist, and the United States moved to cut off its global chip supply.</p>\n<p>Huawei has pleaded not guilty in the case and Meng has said she is innocent.</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":"1119741842","content_text":"Lawyers for China’s Huawei will appear in a New York court on Monday to defend the indicted telecoms equipment giant against accusations it is improperly helping its chief financial officer fight extradition from Canada.\nU.S. prosecutors claim Huawei wrongly shared materials the government disclosed in the criminal case against the company with chief executive officer Meng Wanzhou, who also is charged but considered a fugitive.\nA hearing on the dispute is scheduled for Monday afternoon in U.S. District Court in Brooklyn, where Huawei and Meng were indicted for bank fraud and other crimes, in a case that has strained ties between the United States, China and Canada. Meng was arrested on a U.S. warrant in Vancouver in December 2018.\nHuawei’s counsel is “impermissibly using the government’s discovery in this case to help Meng fight extradition from Canada,” U.S. prosecutors said in an April 14 letter seeking the hearing.\nHuawei has denied it made information available in violation of any court orders. Nothing “prohibits the defendants from stating that the evidence provided in discovery contradicts the government’s allegations,” lawyers representing Huawei wrote in an April 21 filing.\nThe indictment is one battle in a campaign the United States has waged against Huawei, which it has warned could spy on customers for Beijing. The company also was placed on a U.S. trade blacklist, and the United States moved to cut off its global chip supply.\nHuawei has pleaded not guilty in the case and Meng has said she is innocent.","news_type":1},"isVote":1,"tweetType":1,"viewCount":569,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":364346829,"gmtCreate":1614818566561,"gmtModify":1704775583949,"author":{"id":"3574203435871118","authorId":"3574203435871118","name":"Blubber","avatar":"https://static.tigerbbs.com/8fc25d1ac92658c939c9704630201621","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574203435871118","idStr":"3574203435871118"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/364346829","repostId":"1107788140","repostType":4,"repost":{"id":"1107788140","pubTimestamp":1614816795,"share":"https://ttm.financial/m/news/1107788140?lang=&edition=fundamental","pubTime":"2021-03-04 08:13","market":"us","language":"en","title":"Wall Street drops as high-flying tech stocks retreat","url":"https://stock-news.laohu8.com/highlight/detail?id=1107788140","media":"Reuters","summary":"(Reuters) - The Nasdaq ended sharply lower on Wednesday after investors sold high-flying technology ","content":"<p>(Reuters) - The Nasdaq ended sharply lower on Wednesday after investors sold high-flying technology shares and pivoted to sectors viewed as more likely to benefit from an economic recovery on the back of fiscal stimulus and vaccination programs.</p><p>Microsoft Corp, Apple Inc and Amazon.com Inc dropped more than 2%, weighing more than any other stocks on the S&amp;P 500.</p><p>The S&amp;P 500 financial and industrial sector indexes reached intra-day record highs. Most other S&amp;P 500 sectors declined.</p><p>“Today is the perfect encapsulation of the big theme we’ve been seeing in the past couple of months: The vaccine rollout is going well and the economy improving, and that is sending yields and rate expectations higher, which is hurting growth stocks,” said Baird investment strategist Ross Mayfield, in Louisville, Kentucky.</p><p>The Dow Jones Industrial Average fell 0.39% to end at 31,270.09 points, while the S&amp;P 500 lost 1.31% to 3,819.72.</p><p>The Nasdaq Composite dropped 2.7% to 12,997.75. That left it at its lowest since early January and reduced its gain in 2021 to less than 1%.</p><p>The U.S. economic recovery continued at a modest pace over the first weeks of this year, with businesses optimistic about the months to come and demand for housing “robust,” but only slow improvement in the job market, the Federal Reserve reported.</p><p>While the vaccine distribution is expected to help the economy, data showed U.S. private employers hired fewer workers than expected in February, suggesting the labor market was struggling to regain speed.</p><p>Another report showed U.S. services industry activity unexpectedly slowed in February amid winter storms, while a measure of prices paid by companies for inputs surged to the highest level in nearly 12-1/2 years.</p><p>The U.S. 10-year Treasury yield ticked up to 1.47%, pressuring areas of the market with high valuations. It was still off last week’s peak of above 1.61% that roiled stock markets as investors bet on rising inflation.</p><p>Rising interest rates disproportionately hurt high-growth tech companies because investors value them based on earnings expected years into the future, and high interest rates hurt the value of future earnings more than the value of earnings made in the short term.</p><p>“There is a definite headwind for equity markets if yields go above the 1.5% level with most investors keeping an eye on the pace of yield growth,” said Michael Stritch, chief investment officer at BMO Wealth Management.</p><p>President Joe Biden’s proposed $1.9 trillion coronavirus relief bill would phase out $1,400 payments to high-income Americans in a compromise with moderate Democratic senators, according to lawmakers and media reports.</p><p>Exxon Mobil Corp rose 0.8% after the oil major unveiled plans to grow dividends and curb spending with projections that were less bold than previous years.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.31-to-1 ratio; on Nasdaq, a 1.95-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 62 new 52-week highs and no new lows; the Nasdaq Composite recorded 284 new highs and 68 new lows.</p><p>Volume on U.S. exchanges was 14 billion shares, compared with the 14.9 billion average for the full session over the last 20 trading days.</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>Wall Street drops as high-flying tech stocks retreat</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\">\nWall Street drops as high-flying tech stocks retreat\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-04 08:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-usa-stocks/wall-street-drops-as-high-flying-tech-stocks-retreat-idUSKBN2AV1EG><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - The Nasdaq ended sharply lower on Wednesday after investors sold high-flying technology shares and pivoted to sectors viewed as more likely to benefit from an economic recovery on the back...</p>\n\n<a href=\"https://www.reuters.com/article/us-usa-stocks/wall-street-drops-as-high-flying-tech-stocks-retreat-idUSKBN2AV1EG\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","AAPL":"苹果"},"source_url":"https://www.reuters.com/article/us-usa-stocks/wall-street-drops-as-high-flying-tech-stocks-retreat-idUSKBN2AV1EG","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107788140","content_text":"(Reuters) - The Nasdaq ended sharply lower on Wednesday after investors sold high-flying technology shares and pivoted to sectors viewed as more likely to benefit from an economic recovery on the back of fiscal stimulus and vaccination programs.Microsoft Corp, Apple Inc and Amazon.com Inc dropped more than 2%, weighing more than any other stocks on the S&P 500.The S&P 500 financial and industrial sector indexes reached intra-day record highs. Most other S&P 500 sectors declined.“Today is the perfect encapsulation of the big theme we’ve been seeing in the past couple of months: The vaccine rollout is going well and the economy improving, and that is sending yields and rate expectations higher, which is hurting growth stocks,” said Baird investment strategist Ross Mayfield, in Louisville, Kentucky.The Dow Jones Industrial Average fell 0.39% to end at 31,270.09 points, while the S&P 500 lost 1.31% to 3,819.72.The Nasdaq Composite dropped 2.7% to 12,997.75. That left it at its lowest since early January and reduced its gain in 2021 to less than 1%.The U.S. economic recovery continued at a modest pace over the first weeks of this year, with businesses optimistic about the months to come and demand for housing “robust,” but only slow improvement in the job market, the Federal Reserve reported.While the vaccine distribution is expected to help the economy, data showed U.S. private employers hired fewer workers than expected in February, suggesting the labor market was struggling to regain speed.Another report showed U.S. services industry activity unexpectedly slowed in February amid winter storms, while a measure of prices paid by companies for inputs surged to the highest level in nearly 12-1/2 years.The U.S. 10-year Treasury yield ticked up to 1.47%, pressuring areas of the market with high valuations. It was still off last week’s peak of above 1.61% that roiled stock markets as investors bet on rising inflation.Rising interest rates disproportionately hurt high-growth tech companies because investors value them based on earnings expected years into the future, and high interest rates hurt the value of future earnings more than the value of earnings made in the short term.“There is a definite headwind for equity markets if yields go above the 1.5% level with most investors keeping an eye on the pace of yield growth,” said Michael Stritch, chief investment officer at BMO Wealth Management.President Joe Biden’s proposed $1.9 trillion coronavirus relief bill would phase out $1,400 payments to high-income Americans in a compromise with moderate Democratic senators, according to lawmakers and media reports.Exxon Mobil Corp rose 0.8% after the oil major unveiled plans to grow dividends and curb spending with projections that were less bold than previous years.Declining issues outnumbered advancing ones on the NYSE by a 1.31-to-1 ratio; on Nasdaq, a 1.95-to-1 ratio favored decliners.The S&P 500 posted 62 new 52-week highs and no new lows; the Nasdaq Composite recorded 284 new highs and 68 new lows.Volume on U.S. exchanges was 14 billion shares, compared with the 14.9 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":159,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":353592804,"gmtCreate":1616506826508,"gmtModify":1704795005144,"author":{"id":"3574203435871118","authorId":"3574203435871118","name":"Blubber","avatar":"https://static.tigerbbs.com/8fc25d1ac92658c939c9704630201621","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574203435871118","idStr":"3574203435871118"},"themes":[],"htmlText":"But ? tgt stonks&nbsp;","listText":"But ? tgt stonks&nbsp;","text":"But ? tgt stonks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353592804","repostId":"2121486792","repostType":4,"repost":{"id":"2121486792","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":1616505310,"share":"https://ttm.financial/m/news/2121486792?lang=&edition=fundamental","pubTime":"2021-03-23 21:15","market":"us","language":"en","title":"From pet food to video games: inside Ryan Cohen's GameStop obsession","url":"https://stock-news.laohu8.com/highlight/detail?id=2121486792","media":"Reuters","summary":"March 23 (Reuters) - After almost four months of phone calls and emails to GameStop Corp complaining","content":"<p>March 23 (Reuters) - After almost four months of phone calls and emails to GameStop Corp complaining about the slow shipping of an order, New Jersey teacher Steven Titus received a late night call in early March - from a director on the video game retailer's board.</p>\n<p>On the line was Ryan Cohen, the billionaire co-founder and former chief executive of online pet supplies retailer Chewy who is now leading GameStop's push into e-commerce. Cohen was responding to an email Titus had sent 12 hours earlier to more than two dozen GameStop executives and board members.</p>\n<p>\"NOBODY has attempted to respond except a muddled voicemail with no distinguishable callback number or extension. E-commerce requires a customer support team and processes that are responsive,\" Titus wrote.</p>\n<p>\"I just got your email, I'm so sorry this happened. Let me get to the bottom of this,\" Cohen told Titus.</p>\n<p>Cohen then asked GameStop's new customer service chief Kelli Durkin, who spearheaded initiatives at Chewy that included written personal notes to customers, to look into the matter. Titus was reimbursed for his purchase, even though he had not requested a refund and was only complaining about the tardiness of his order.</p>\n<p>The anecdote, described by Titus and GameStop insiders, is representative of the intensity Cohen has brought to the Grapevine, Texas-based company as he pursues an against-the-odds transformation of the brick-and-mortar retailer into an e-commerce firm that can take on big-box retailers such as Target Corp and Walmart Inc and technology firms such as Microsoft Corp and Sony Corp .</p>\n<p>Since Cohen joined GameStop's board in January, the 35-year-old entrepreneur has been obsessing about customer service, contacting customers late into the night to solicit feedback, and has made a push to upgrade the company's website and online ordering system, eight people who work with or know Cohen said in interviews. Cohen aims to turn GameStop into the \"Chewy of gaming\" with lower prices, better selection and faster delivery times, said the sources, most of them speaking on condition of anonymity.</p>\n<p>Wall Street analysts are doubtful Cohen - a college dropout who says he learned the ins and outs of business from his late father, who was a glass importer - can win back GameStop customers who have become accustomed to streaming video games. Some are struggling to understand why the creator of the world's most valuable online pet supplies store would take on a moribund video game retailer as a turnaround project.</p>\n<p>The sources said Cohen's efforts are driven by a belief that video game lovers will turn to a dedicated internet shop just as pet lovers turned to Chewy.</p>\n<p>\"He has the courage of conviction and that muscle memory of doing this before,\" said Jay Park, a former Chewy investor who founded Prysm Capital.</p>\n<p>Cohen declined to comment through a spokesman.</p>\n<p>His attempted turnaround would have been less in the public eye had GameStop not captured the imagination in January of an army of amateur traders on social media site Reddit who helped drive the company's market value to a peak of $33.7 billion at the end of that month, from $1.4 billion days before. It is now worth about $14 billion. A year ago, GameStop's market capitalization was $250 million.</p>\n<p>Cohen invested in GameStop last year before the stock became a social media sensation. His 13% stake in the company, on which he spent roughly $75 million, is now worth about $1.8 billion.</p>\n<p>Wall Street is watching his every move. The ouster of GameStop's chief financial officer last month, which Cohen pushed for, was enough to revive a rally in its shares. Investors monitor Cohen's every tweet, trying to make sense of what seemingly unrelated memes like frogs and ice cream cones mean for GameStop.</p>\n<p>Many of Cohen's investment plans for the company require more capital. Unlike Chewy, GameStop cannot rely on fundraising from California's Silicon Valley, yet it could raise hundreds of millions of dollars by seizing on its elevated share price to sell stock. GameStop will be legally allowed to do that once it reports its fourth-quarter results, which are scheduled to be released on Tuesday.</p>\n<p>None of the sources close to Cohen would comment on whether GameStop would seek to raise capital soon. GameStop declined to comment on the matter.</p>\n<p><b>THE CHEWY RECIPE</b></p>\n<p>Cohen founded Chewy in 2011 with Michael Day, who dropped out of college to join in building the startup they sold to retail giant PetSmart for $3.35 billion six years later. Chewy is now a publicly listed company with a market value of $34 billion.</p>\n<p>There are similarities between GameStop and Chewy that give Cohen's supporters confidence he can repeat his success. GameStop has been written off by many industry insiders as the next Blockbuster, the now-defunct movie rental and video game chain. Chewy also was snubbed by much of Silicon Valley as a Pets.com copycat that would be crushed by Amazon.com Inc.</p>\n<p>But there are also key differences. Chewy investors were forgiving of its losses, driven by Cohen's big spending on customer service and marketing, because it delivered breakneck revenue growth.</p>\n<p>GameStop, on the other hand, is no red-hot start-up. Tracing its roots to 1984, it has reported year-on-year revenue declines for the last 10 quarters, and is projected by Wall Street analysts to report a 66% decline in quarterly revenue on Tuesday, according to data compiled by Refinitiv.</p>\n<p>Cohen has cautioned GameStop insiders that there is no guarantee of success and that progress could take time while vowing that the company will turn around its financial results quickly this year and 2022 as new video game systems like Sony's PlayStation or Microsoft's Xbox are released, the sources said. He is focused on recruiting top talent, including a new CFO, the sources said.</p>\n<p>Volition Capital co-founder Larry Cheng, the first investor to back Chewy after about 100 others snubbed it early on, said Cohen's relentless focus could pay off for GameStop.</p>\n<p>\"I certainly wouldn't bet against Ryan. He has a knack for figuring things out,\" Cheng said.</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>From pet food to video games: inside Ryan Cohen's GameStop obsession</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\">\nFrom pet food to video games: inside Ryan Cohen's GameStop obsession\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\">2021-03-23 21:15</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>March 23 (Reuters) - After almost four months of phone calls and emails to GameStop Corp complaining about the slow shipping of an order, New Jersey teacher Steven Titus received a late night call in early March - from a director on the video game retailer's board.</p>\n<p>On the line was Ryan Cohen, the billionaire co-founder and former chief executive of online pet supplies retailer Chewy who is now leading GameStop's push into e-commerce. Cohen was responding to an email Titus had sent 12 hours earlier to more than two dozen GameStop executives and board members.</p>\n<p>\"NOBODY has attempted to respond except a muddled voicemail with no distinguishable callback number or extension. E-commerce requires a customer support team and processes that are responsive,\" Titus wrote.</p>\n<p>\"I just got your email, I'm so sorry this happened. Let me get to the bottom of this,\" Cohen told Titus.</p>\n<p>Cohen then asked GameStop's new customer service chief Kelli Durkin, who spearheaded initiatives at Chewy that included written personal notes to customers, to look into the matter. Titus was reimbursed for his purchase, even though he had not requested a refund and was only complaining about the tardiness of his order.</p>\n<p>The anecdote, described by Titus and GameStop insiders, is representative of the intensity Cohen has brought to the Grapevine, Texas-based company as he pursues an against-the-odds transformation of the brick-and-mortar retailer into an e-commerce firm that can take on big-box retailers such as Target Corp and Walmart Inc and technology firms such as Microsoft Corp and Sony Corp .</p>\n<p>Since Cohen joined GameStop's board in January, the 35-year-old entrepreneur has been obsessing about customer service, contacting customers late into the night to solicit feedback, and has made a push to upgrade the company's website and online ordering system, eight people who work with or know Cohen said in interviews. Cohen aims to turn GameStop into the \"Chewy of gaming\" with lower prices, better selection and faster delivery times, said the sources, most of them speaking on condition of anonymity.</p>\n<p>Wall Street analysts are doubtful Cohen - a college dropout who says he learned the ins and outs of business from his late father, who was a glass importer - can win back GameStop customers who have become accustomed to streaming video games. Some are struggling to understand why the creator of the world's most valuable online pet supplies store would take on a moribund video game retailer as a turnaround project.</p>\n<p>The sources said Cohen's efforts are driven by a belief that video game lovers will turn to a dedicated internet shop just as pet lovers turned to Chewy.</p>\n<p>\"He has the courage of conviction and that muscle memory of doing this before,\" said Jay Park, a former Chewy investor who founded Prysm Capital.</p>\n<p>Cohen declined to comment through a spokesman.</p>\n<p>His attempted turnaround would have been less in the public eye had GameStop not captured the imagination in January of an army of amateur traders on social media site Reddit who helped drive the company's market value to a peak of $33.7 billion at the end of that month, from $1.4 billion days before. It is now worth about $14 billion. A year ago, GameStop's market capitalization was $250 million.</p>\n<p>Cohen invested in GameStop last year before the stock became a social media sensation. His 13% stake in the company, on which he spent roughly $75 million, is now worth about $1.8 billion.</p>\n<p>Wall Street is watching his every move. The ouster of GameStop's chief financial officer last month, which Cohen pushed for, was enough to revive a rally in its shares. Investors monitor Cohen's every tweet, trying to make sense of what seemingly unrelated memes like frogs and ice cream cones mean for GameStop.</p>\n<p>Many of Cohen's investment plans for the company require more capital. Unlike Chewy, GameStop cannot rely on fundraising from California's Silicon Valley, yet it could raise hundreds of millions of dollars by seizing on its elevated share price to sell stock. GameStop will be legally allowed to do that once it reports its fourth-quarter results, which are scheduled to be released on Tuesday.</p>\n<p>None of the sources close to Cohen would comment on whether GameStop would seek to raise capital soon. GameStop declined to comment on the matter.</p>\n<p><b>THE CHEWY RECIPE</b></p>\n<p>Cohen founded Chewy in 2011 with Michael Day, who dropped out of college to join in building the startup they sold to retail giant PetSmart for $3.35 billion six years later. Chewy is now a publicly listed company with a market value of $34 billion.</p>\n<p>There are similarities between GameStop and Chewy that give Cohen's supporters confidence he can repeat his success. GameStop has been written off by many industry insiders as the next Blockbuster, the now-defunct movie rental and video game chain. Chewy also was snubbed by much of Silicon Valley as a Pets.com copycat that would be crushed by Amazon.com Inc.</p>\n<p>But there are also key differences. Chewy investors were forgiving of its losses, driven by Cohen's big spending on customer service and marketing, because it delivered breakneck revenue growth.</p>\n<p>GameStop, on the other hand, is no red-hot start-up. Tracing its roots to 1984, it has reported year-on-year revenue declines for the last 10 quarters, and is projected by Wall Street analysts to report a 66% decline in quarterly revenue on Tuesday, according to data compiled by Refinitiv.</p>\n<p>Cohen has cautioned GameStop insiders that there is no guarantee of success and that progress could take time while vowing that the company will turn around its financial results quickly this year and 2022 as new video game systems like Sony's PlayStation or Microsoft's Xbox are released, the sources said. He is focused on recruiting top talent, including a new CFO, the sources said.</p>\n<p>Volition Capital co-founder Larry Cheng, the first investor to back Chewy after about 100 others snubbed it early on, said Cohen's relentless focus could pay off for GameStop.</p>\n<p>\"I certainly wouldn't bet against Ryan. He has a knack for figuring things out,\" Cheng said.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03086":"华夏纳指","WMT":"沃尔玛","GME":"游戏驿站","TGT":"塔吉特","AMZN":"亚马逊","MSFT":"微软","QNETCN":"纳斯达克中美互联网老虎指数","CHWY":"Chewy, Inc.","BBY":"百思买","09086":"华夏纳指-U"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2121486792","content_text":"March 23 (Reuters) - After almost four months of phone calls and emails to GameStop Corp complaining about the slow shipping of an order, New Jersey teacher Steven Titus received a late night call in early March - from a director on the video game retailer's board.\nOn the line was Ryan Cohen, the billionaire co-founder and former chief executive of online pet supplies retailer Chewy who is now leading GameStop's push into e-commerce. Cohen was responding to an email Titus had sent 12 hours earlier to more than two dozen GameStop executives and board members.\n\"NOBODY has attempted to respond except a muddled voicemail with no distinguishable callback number or extension. E-commerce requires a customer support team and processes that are responsive,\" Titus wrote.\n\"I just got your email, I'm so sorry this happened. Let me get to the bottom of this,\" Cohen told Titus.\nCohen then asked GameStop's new customer service chief Kelli Durkin, who spearheaded initiatives at Chewy that included written personal notes to customers, to look into the matter. Titus was reimbursed for his purchase, even though he had not requested a refund and was only complaining about the tardiness of his order.\nThe anecdote, described by Titus and GameStop insiders, is representative of the intensity Cohen has brought to the Grapevine, Texas-based company as he pursues an against-the-odds transformation of the brick-and-mortar retailer into an e-commerce firm that can take on big-box retailers such as Target Corp and Walmart Inc and technology firms such as Microsoft Corp and Sony Corp .\nSince Cohen joined GameStop's board in January, the 35-year-old entrepreneur has been obsessing about customer service, contacting customers late into the night to solicit feedback, and has made a push to upgrade the company's website and online ordering system, eight people who work with or know Cohen said in interviews. Cohen aims to turn GameStop into the \"Chewy of gaming\" with lower prices, better selection and faster delivery times, said the sources, most of them speaking on condition of anonymity.\nWall Street analysts are doubtful Cohen - a college dropout who says he learned the ins and outs of business from his late father, who was a glass importer - can win back GameStop customers who have become accustomed to streaming video games. Some are struggling to understand why the creator of the world's most valuable online pet supplies store would take on a moribund video game retailer as a turnaround project.\nThe sources said Cohen's efforts are driven by a belief that video game lovers will turn to a dedicated internet shop just as pet lovers turned to Chewy.\n\"He has the courage of conviction and that muscle memory of doing this before,\" said Jay Park, a former Chewy investor who founded Prysm Capital.\nCohen declined to comment through a spokesman.\nHis attempted turnaround would have been less in the public eye had GameStop not captured the imagination in January of an army of amateur traders on social media site Reddit who helped drive the company's market value to a peak of $33.7 billion at the end of that month, from $1.4 billion days before. It is now worth about $14 billion. A year ago, GameStop's market capitalization was $250 million.\nCohen invested in GameStop last year before the stock became a social media sensation. His 13% stake in the company, on which he spent roughly $75 million, is now worth about $1.8 billion.\nWall Street is watching his every move. The ouster of GameStop's chief financial officer last month, which Cohen pushed for, was enough to revive a rally in its shares. Investors monitor Cohen's every tweet, trying to make sense of what seemingly unrelated memes like frogs and ice cream cones mean for GameStop.\nMany of Cohen's investment plans for the company require more capital. Unlike Chewy, GameStop cannot rely on fundraising from California's Silicon Valley, yet it could raise hundreds of millions of dollars by seizing on its elevated share price to sell stock. GameStop will be legally allowed to do that once it reports its fourth-quarter results, which are scheduled to be released on Tuesday.\nNone of the sources close to Cohen would comment on whether GameStop would seek to raise capital soon. GameStop declined to comment on the matter.\nTHE CHEWY RECIPE\nCohen founded Chewy in 2011 with Michael Day, who dropped out of college to join in building the startup they sold to retail giant PetSmart for $3.35 billion six years later. Chewy is now a publicly listed company with a market value of $34 billion.\nThere are similarities between GameStop and Chewy that give Cohen's supporters confidence he can repeat his success. GameStop has been written off by many industry insiders as the next Blockbuster, the now-defunct movie rental and video game chain. Chewy also was snubbed by much of Silicon Valley as a Pets.com copycat that would be crushed by Amazon.com Inc.\nBut there are also key differences. Chewy investors were forgiving of its losses, driven by Cohen's big spending on customer service and marketing, because it delivered breakneck revenue growth.\nGameStop, on the other hand, is no red-hot start-up. Tracing its roots to 1984, it has reported year-on-year revenue declines for the last 10 quarters, and is projected by Wall Street analysts to report a 66% decline in quarterly revenue on Tuesday, according to data compiled by Refinitiv.\nCohen has cautioned GameStop insiders that there is no guarantee of success and that progress could take time while vowing that the company will turn around its financial results quickly this year and 2022 as new video game systems like Sony's PlayStation or Microsoft's Xbox are released, the sources said. He is focused on recruiting top talent, including a new CFO, the sources said.\nVolition Capital co-founder Larry Cheng, the first investor to back Chewy after about 100 others snubbed it early on, said Cohen's relentless focus could pay off for GameStop.\n\"I certainly wouldn't bet against Ryan. He has a knack for figuring things out,\" Cheng said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":677,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":321086620,"gmtCreate":1615385570660,"gmtModify":1704781993915,"author":{"id":"3574203435871118","authorId":"3574203435871118","name":"Blubber","avatar":"https://static.tigerbbs.com/8fc25d1ac92658c939c9704630201621","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574203435871118","idStr":"3574203435871118"},"themes":[],"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/321086620","repostId":"1129292669","repostType":4,"isVote":1,"tweetType":1,"viewCount":296,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":327540496,"gmtCreate":1616112789015,"gmtModify":1704791063698,"author":{"id":"3574203435871118","authorId":"3574203435871118","name":"Blubber","avatar":"https://static.tigerbbs.com/8fc25d1ac92658c939c9704630201621","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574203435871118","idStr":"3574203435871118"},"themes":[],"htmlText":"Facebook ?","listText":"Facebook ?","text":"Facebook ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/327540496","repostId":"1148160962","repostType":4,"repost":{"id":"1148160962","pubTimestamp":1616112545,"share":"https://ttm.financial/m/news/1148160962?lang=&edition=fundamental","pubTime":"2021-03-19 08:09","market":"us","language":"en","title":"Zuckerberg: Facebook may actually be in a ‘stronger position’ after Apple’s iOS 14 privacy changes","url":"https://stock-news.laohu8.com/highlight/detail?id=1148160962","media":"cnbc","summary":"KEY POINTS\n\nFacebook CEO Mark Zuckerberg on Thursday said he is confident the social media company “","content":"<div>\n<p>KEY POINTS\n\nFacebook CEO Mark Zuckerberg on Thursday said he is confident the social media company “will be able to manage through” Apple’s upcoming privacy changes.\nZuckerberg explained that the ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/18/zuckerberg-facebook-may-be-in-stronger-position-after-apple-ios-14.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Zuckerberg: Facebook may actually be in a ‘stronger position’ after Apple’s iOS 14 privacy changes</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\">\nZuckerberg: Facebook may actually be in a ‘stronger position’ after Apple’s iOS 14 privacy changes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-19 08:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/18/zuckerberg-facebook-may-be-in-stronger-position-after-apple-ios-14.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nFacebook CEO Mark Zuckerberg on Thursday said he is confident the social media company “will be able to manage through” Apple’s upcoming privacy changes.\nZuckerberg explained that the ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/18/zuckerberg-facebook-may-be-in-stronger-position-after-apple-ios-14.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.cnbc.com/2021/03/18/zuckerberg-facebook-may-be-in-stronger-position-after-apple-ios-14.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1148160962","content_text":"KEY POINTS\n\nFacebook CEO Mark Zuckerberg on Thursday said he is confident the social media company “will be able to manage through” Apple’s upcoming privacy changes.\nZuckerberg explained that the change could benefit Facebook if more businesses decide to sell goods directly through Facebook and Instagram.\nFacebook has prepared for the looming Apple changes by introducing more commerce products. Most notably, the social media company in 2020 introduced Facebook Shops and Instagram Shops.\n\nFacebook CEO Mark Zuckerberg on Thursday said he is confident the social media company “will be able to manage through ”Apple’s upcoming planned privacy update to iOS 14, which will make it easier for iPhone and iPad users to block companies from tracking their activity to target ads.\n“We’ll be in a good position,” Zuckerberg said in a Clubhouse room Thursday afternoon.\nApple’s upcoming privacy changes will inform users about device ID tracking and ask them if they want to allow it. The tracking is based on a unique device identifier on every iPhone and iPad called the IDFA. Companies that sell mobile advertisements use this ID to help target ads and estimate their effectiveness.\nApple has said that the change will roll out early this spring.\nZuckerberg explained that the change could benefit Facebook if more businesses decide to sell goods directly through Facebook and Instagram.\n“It’s possible that we may even be in a stronger position if Apple’s changes encourage more businesses to conduct more commerce on our platforms by making it harder for them to use their data in order to find the customers that would want to use their products outside of our platforms,” Zuckerberg said.\nZuckerberg’s comments are the most optimistic statements Facebook has delivered about how the looming Apple changes may impact the company’s advertising business.\nIn July 2020, Facebook CFO David Wehner said that Apple’s iOS 14 changes could hurt the social media company’s ability to target ads to users, and in August 2020, the company said the changes could lead to a more than 50% drop in its Audience Network advertising business, which represents less than 10% of the company’s net revenue. The company told investors during its fourth-quarter earnings in January that the impact of Apple’s changes could start to affect Facebook’s business late in the first quarter.\nFacebook has prepared for the looming Apple changes by introducing more commerce products.\nMost notably, the social media company in 2020 introduced Facebook Shops and Instagram Shops. These features make it possible for brands to list their product catalogs directly on Facebook’s most popular apps, and sell goods directly on Facebook and Instagram.\nZuckerberg on Thursday said that already Facebook has 1 million active shops on its services and 250 million people using shops actively.\n“Compared to the early conversations we had about how people would use this across Facebook and Instagram and our product, I think this is something that’s well on track to be something that’s going to be increasingly important to people,” Zuckerberg said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":431,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":353596078,"gmtCreate":1616506761094,"gmtModify":1704795003040,"author":{"id":"3574203435871118","authorId":"3574203435871118","name":"Blubber","avatar":"https://static.tigerbbs.com/8fc25d1ac92658c939c9704630201621","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574203435871118","idStr":"3574203435871118"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353596078","repostId":"2121819744","repostType":4,"repost":{"id":"2121819744","pubTimestamp":1616506098,"share":"https://ttm.financial/m/news/2121819744?lang=&edition=fundamental","pubTime":"2021-03-23 21:28","market":"us","language":"en","title":"3 Troubling Numbers From Sundial Growers' Q4 Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2121819744","media":"Motley Fool","summary":"There were more negatives than positives on the company's most recent earnings report.","content":"<p>There were more negatives than positives on the company's most recent earnings report.</p>\n<p><b>Sundial Growers</b>&nbsp;(NASDAQ:SNDL) released its fourth-quarter earnings report on March 17 last week. Investors saw many positives in the report, including a reduction in certain expenses due to a reduction in force plus a big improvement in its cash position. But for a stock as volatile as Sundial, the response was fairly muted -- over the past five days, its shares were up a relatively modest 5% (while the&nbsp;<b>S&amp;P 500</b>&nbsp;was down 1%).</p>\n<p>Investors were likely looking for much more from the company's Q4 numbers. While Sundial did show improvement in some areas, it wasn't enough to offset the negatives. Here are three of the most troubling numbers from the earnings report that should have you thinking twice about investing in the stock.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/af564c8e93ad6657d5fad263a6d0b483\" tg-width=\"700\" tg-height=\"525\"><span>Image source: Getty Images.</span></p>\n<p><b>1. Sales growth of just 7.8%</b></p>\n<p>In Q4, Sundial reported net sales of 13.9 million Canadian dollars for the period ending Dec. 31, 2020. That was only 7.8% higher than the CA$12.9 million it posted in the previous period. Not only is that a relatively modest rate of growth for a company in what is supposed to be a high-growth industry, but it is even more concerning given that Q3's numbers were abysmal for Sundial. Its sales for the period ending Sept. 30, 2020, were down a staggering 54% year over year as it was transitioning from a wholesale business to <a href=\"https://laohu8.com/S/AONE\">one</a> that is focused more on branded retail sales.</p>\n<p>It isn't clear if that transition is complete but given just how bad Q3 was, the company should have performed much better given how well the industry is doing. In the last three months of 2020, Canadian retail pot sales totaled CA$830.7 million, which was a 12% improvement from the previous period. Without much sales growth, Sundial isn't giving investors a compelling reason to invest in its business, especially compared to pot stocks that are producing much stronger revenue numbers. And low margins only exacerbate the company's problems.</p>\n<p><b>2. Sundial's gross margin was negative, again</b></p>\n<p>Cannabis companies often report fair value adjustments on their assets that can wildly impact their overall earnings performance. But in Q4, Sundial's gross margin before those adjustments was already a negative CA$5.1 million. In the prior-year period, the company also incurred a negative CA$0.5 million on its gross margin. Sundial blames the worse performance this past quarter on lower revenue and inventory obsolescence. The only positive here was that its total impairment charges of CA$21.8 million were less than <a href=\"https://laohu8.com/S/AONE.U\">one</a>-third of the CA$79.9 million the company incurred in the previous period.</p>\n<p>But even without factoring in impairment, Sundial's margins still don't look good. On CA$13.9 million in revenue, its cost of sales was CA$10.6 million -- 76.8% of its top line. That means a little over 23% of its sales are making it through to cover impairment charges, any losses relating to fair value<i>plus</i> its fixed costs and other operating expenses. Sundial says its gross margins are lower because it has shifted to \"a higher cost product mix\" while also reducing its pricing.&nbsp;And that means even if the company were growing its sales at a high rate, it wouldn't guarantee Sundial would get anywhere near breakeven.</p>\n<p><b>3. Adjusted EBITDA was worse than in Q3</b></p>\n<p>For Q4, Sundial's adjusted EBITDA loss from continuing operations was CA$5.6 million, which was 27.3% higher than the CA$4.4 million loss it reported in the previous period. What's disappointing here is that although Sundial reported a smaller net loss this past quarter (CA$64.1 million versus CA$71.4 million), when factoring out non-cash items, including impairment, its adjusted bottom line wasn't any better than what was already a disappointing quarter in Q3. Sundial said this was due to an increase in changes in foreign exchange as well as an increase in sales and marketing expenses.</p>\n<p>Although the company is in great shape to cover these expenses with an unrestricted cash balance of CA$719 million as of March 15, that only ensures that the business stays afloat -- not that it is a good one to invest in.</p>\n<p><b>Should you buy shares of Sundial Growers?</b></p>\n<p>In light of these results, investors should take a hard pass on Sundial Growers. The above numbers raise many questions about the company's future, and it is unclear how it will turn things around. While having ample cash could give it the opportunity to transform its business via a potential acquisition, that may not necessarily make things better and there is no guarantee a good deal is out there. Sundial has a lot of work to do before it becomes an investable company. Not only do the impairment charges need to stop but Sundial has to improve its margins while also finding a way to generate more sales growth. Until all of these things happen, this is a pot stock I would stay far away from.</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 Troubling Numbers From Sundial Growers' Q4 Results</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 Troubling Numbers From Sundial Growers' Q4 Results\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 21:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/03/23/3-troubling-numbers-from-sundial-growers-q4-result/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There were more negatives than positives on the company's most recent earnings report.\nSundial Growers (NASDAQ:SNDL) released its fourth-quarter earnings report on March 17 last week. Investors saw ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/03/23/3-troubling-numbers-from-sundial-growers-q4-result/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNDL":"SNDL Inc."},"source_url":"https://www.fool.com/investing/2021/03/23/3-troubling-numbers-from-sundial-growers-q4-result/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2121819744","content_text":"There were more negatives than positives on the company's most recent earnings report.\nSundial Growers (NASDAQ:SNDL) released its fourth-quarter earnings report on March 17 last week. Investors saw many positives in the report, including a reduction in certain expenses due to a reduction in force plus a big improvement in its cash position. But for a stock as volatile as Sundial, the response was fairly muted -- over the past five days, its shares were up a relatively modest 5% (while the S&P 500 was down 1%).\nInvestors were likely looking for much more from the company's Q4 numbers. While Sundial did show improvement in some areas, it wasn't enough to offset the negatives. Here are three of the most troubling numbers from the earnings report that should have you thinking twice about investing in the stock.\nImage source: Getty Images.\n1. Sales growth of just 7.8%\nIn Q4, Sundial reported net sales of 13.9 million Canadian dollars for the period ending Dec. 31, 2020. That was only 7.8% higher than the CA$12.9 million it posted in the previous period. Not only is that a relatively modest rate of growth for a company in what is supposed to be a high-growth industry, but it is even more concerning given that Q3's numbers were abysmal for Sundial. Its sales for the period ending Sept. 30, 2020, were down a staggering 54% year over year as it was transitioning from a wholesale business to one that is focused more on branded retail sales.\nIt isn't clear if that transition is complete but given just how bad Q3 was, the company should have performed much better given how well the industry is doing. In the last three months of 2020, Canadian retail pot sales totaled CA$830.7 million, which was a 12% improvement from the previous period. Without much sales growth, Sundial isn't giving investors a compelling reason to invest in its business, especially compared to pot stocks that are producing much stronger revenue numbers. And low margins only exacerbate the company's problems.\n2. Sundial's gross margin was negative, again\nCannabis companies often report fair value adjustments on their assets that can wildly impact their overall earnings performance. But in Q4, Sundial's gross margin before those adjustments was already a negative CA$5.1 million. In the prior-year period, the company also incurred a negative CA$0.5 million on its gross margin. Sundial blames the worse performance this past quarter on lower revenue and inventory obsolescence. The only positive here was that its total impairment charges of CA$21.8 million were less than one-third of the CA$79.9 million the company incurred in the previous period.\nBut even without factoring in impairment, Sundial's margins still don't look good. On CA$13.9 million in revenue, its cost of sales was CA$10.6 million -- 76.8% of its top line. That means a little over 23% of its sales are making it through to cover impairment charges, any losses relating to fair valueplus its fixed costs and other operating expenses. Sundial says its gross margins are lower because it has shifted to \"a higher cost product mix\" while also reducing its pricing. And that means even if the company were growing its sales at a high rate, it wouldn't guarantee Sundial would get anywhere near breakeven.\n3. Adjusted EBITDA was worse than in Q3\nFor Q4, Sundial's adjusted EBITDA loss from continuing operations was CA$5.6 million, which was 27.3% higher than the CA$4.4 million loss it reported in the previous period. What's disappointing here is that although Sundial reported a smaller net loss this past quarter (CA$64.1 million versus CA$71.4 million), when factoring out non-cash items, including impairment, its adjusted bottom line wasn't any better than what was already a disappointing quarter in Q3. Sundial said this was due to an increase in changes in foreign exchange as well as an increase in sales and marketing expenses.\nAlthough the company is in great shape to cover these expenses with an unrestricted cash balance of CA$719 million as of March 15, that only ensures that the business stays afloat -- not that it is a good one to invest in.\nShould you buy shares of Sundial Growers?\nIn light of these results, investors should take a hard pass on Sundial Growers. The above numbers raise many questions about the company's future, and it is unclear how it will turn things around. While having ample cash could give it the opportunity to transform its business via a potential acquisition, that may not necessarily make things better and there is no guarantee a good deal is out there. Sundial has a lot of work to do before it becomes an investable company. Not only do the impairment charges need to stop but Sundial has to improve its margins while also finding a way to generate more sales growth. Until all of these things happen, this is a pot stock I would stay far away from.","news_type":1},"isVote":1,"tweetType":1,"viewCount":446,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":323183477,"gmtCreate":1615309881799,"gmtModify":1704781053560,"author":{"id":"3574203435871118","authorId":"3574203435871118","name":"Blubber","avatar":"https://static.tigerbbs.com/8fc25d1ac92658c939c9704630201621","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574203435871118","idStr":"3574203435871118"},"themes":[],"htmlText":"Let’s go!!!! ?","listText":"Let’s go!!!! ?","text":"Let’s go!!!! ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/323183477","repostId":"323183838","repostType":1,"repost":{"id":323183838,"gmtCreate":1615309847924,"gmtModify":1704781052754,"author":{"id":"3575289900188639","authorId":"3575289900188639","name":"giogio","avatar":"https://static.tigerbbs.com/2493640e03a12e7020fe03fefc2d021c","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3575289900188639","idStr":"3575289900188639"},"themes":[],"htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/LKCO\">$Luokung Technology Corp(LKCO)$</a> LKCO to the MOON! US Judge questioned Xiaomi delist as baseless, same Judge for LKCO delist hearing, good news !","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/LKCO\">$Luokung Technology Corp(LKCO)$</a> LKCO to the MOON! US Judge questioned Xiaomi delist as baseless, same Judge for LKCO delist hearing, good news !","text":"$Luokung Technology Corp(LKCO)$ LKCO to the MOON! US Judge questioned Xiaomi delist as baseless, same Judge for LKCO delist hearing, good news !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/323183838","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":560,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":323183082,"gmtCreate":1615309817546,"gmtModify":1704781051943,"author":{"id":"3574203435871118","authorId":"3574203435871118","name":"Blubber","avatar":"https://static.tigerbbs.com/8fc25d1ac92658c939c9704630201621","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574203435871118","idStr":"3574203435871118"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/LKCO\">$Luokung Technology Corp(LKCO)$</a>???","listText":"<a href=\"https://laohu8.com/S/LKCO\">$Luokung Technology Corp(LKCO)$</a>???","text":"$Luokung Technology Corp(LKCO)$???","images":[{"img":"https://static.tigerbbs.com/b631df4f198316d683a982c485481984","width":"1242","height":"2385"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/323183082","isVote":1,"tweetType":1,"viewCount":117,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":384589531,"gmtCreate":1613660871523,"gmtModify":1704883409029,"author":{"id":"3574203435871118","authorId":"3574203435871118","name":"Blubber","avatar":"https://static.tigerbbs.com/8fc25d1ac92658c939c9704630201621","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574203435871118","idStr":"3574203435871118"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/LKCO\">$Luokung Technology Corp(LKCO)$</a>Dip due to liquidation by stock volume, hold long should reap results soon :)","listText":"<a href=\"https://laohu8.com/S/LKCO\">$Luokung Technology Corp(LKCO)$</a>Dip due to liquidation by stock volume, hold long should reap results soon :)","text":"$Luokung Technology Corp(LKCO)$Dip due to liquidation by stock volume, hold long should reap results soon :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/384589531","isVote":1,"tweetType":1,"viewCount":66,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}