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2023-05-26

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09-13

Will NVidia dip again?

Nvidia CEO Jen-Hsun Huang Sells Over $26 Million in Company Stock

09-04

Good news from a software development company

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2021-05-28

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NVidia dip again?","listText":"Will NVidia dip again?","text":"Will NVidia dip again?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/348877962805408","repostId":"1196546051","repostType":2,"repost":{"id":"1196546051","kind":"news","pubTimestamp":1726192800,"share":"https://ttm.financial/m/news/1196546051?lang=&edition=fundamental","pubTime":"2024-09-13 10:00","market":"us","language":"en","title":"Nvidia CEO Jen-Hsun Huang Sells Over $26 Million in Company Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1196546051","media":"Investing.com","summary":"Nvidia Corp (NASDAQ:NVDA) President and CEO Jen-Hsun Huang has sold a significant portion of his holdings in the company, according to recent filings with the Securities and Exchange Commission. The t","content":"<html><head></head><body><p>Nvidia Corp (NASDAQ:NVDA) President and CEO Jen-Hsun Huang has sold a significant portion of his holdings in the company, according to recent filings with the Securities and Exchange Commission. The transactions, carried out over two days, resulted in the sale of Nvidia shares worth over $26 million.</p><p>The sales occurred on September 10th and 11th, with prices per share ranging from $104.99 to $117.072. These transactions were executed under a pre-arranged trading plan, known as a Rule 10b5-1 trading plan, which allows company insiders to sell stocks at predetermined times to avoid accusations of insider trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5b32be7161aecbc0b2aba2891a48935c\" tg-width=\"1891\" tg-height=\"3567\"/></p><p>While the exact number of shares sold at each price point was not disclosed in the filing, the weighted average prices for the shares sold on each day were provided in footnotes, indicating a range of prices within approximately one dollar of the average price reported for each batch of sales.</p><p>As a result of these sales, Jen-Hsun Huang&#39;s direct ownership in Nvidia stock has been adjusted, but he remains a significant shareholder through various indirect holdings. These include shares held by trusts and partnerships where Huang serves as a trustee or has a controlling interest.</p><p>Investors often monitor the buying and selling activity of company executives as it can provide insights into their confidence in the company&#39;s future performance. However, sales made under Rule 10b5-1 trading plans are scheduled in advance and may not necessarily reflect the executive&#39;s real-time perspective on the company&#39;s outlook.</p><p>Nvidia&#39;s stock performance and market position continue to be of keen interest to investors, particularly as the semiconductor industry experiences shifts in demand and supply chain dynamics. The company has not provided any comments on these specific transactions at this time.</p><p>In other recent news, Nvidia&#39;s shares saw a significant 8% increase following reports of the U.S. government possibly allowing the export of advanced chips to Saudi Arabia. Goldman Sachs reaffirmed its Conviction Buy rating on Nvidia, highlighting the company&#39;s strategic position and growth prospects in the accelerated computing space, particularly within data centers. The company&#39;s CEO, Mr. Huang, emphasized Nvidia&#39;s competitive advantages, including a broad GPU installed base, the integration of hardware with domain-specific software libraries, and the capacity to create rack-level systems with innovations across various chips.</p><p>In related developments, data center operator Switch (NYSE:SWCH) is considering an initial public offering (IPO) that could potentially value the company at approximately $40 billion. This move comes amidst a surge in demand for data infrastructure driven by the growing interest in generative artificial intelligence, benefiting companies like Nvidia.</p></body></html>","source":"investingArticles_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>Nvidia CEO Jen-Hsun Huang Sells Over $26 Million in Company Stock</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\">\nNvidia CEO Jen-Hsun Huang Sells Over $26 Million in Company Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-13 10:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investing.com/news/company-news/nvidia-ceo-jenhsun-huang-sells-over-26-million-in-company-stock-93CH-3614644><strong>Investing.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nvidia Corp (NASDAQ:NVDA) President and CEO Jen-Hsun Huang has sold a significant portion of his holdings in the company, according to recent filings with the Securities and Exchange Commission. The ...</p>\n\n<a href=\"https://www.investing.com/news/company-news/nvidia-ceo-jenhsun-huang-sells-over-26-million-in-company-stock-93CH-3614644\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.investing.com/news/company-news/nvidia-ceo-jenhsun-huang-sells-over-26-million-in-company-stock-93CH-3614644","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196546051","content_text":"Nvidia Corp (NASDAQ:NVDA) President and CEO Jen-Hsun Huang has sold a significant portion of his holdings in the company, according to recent filings with the Securities and Exchange Commission. The transactions, carried out over two days, resulted in the sale of Nvidia shares worth over $26 million.The sales occurred on September 10th and 11th, with prices per share ranging from $104.99 to $117.072. These transactions were executed under a pre-arranged trading plan, known as a Rule 10b5-1 trading plan, which allows company insiders to sell stocks at predetermined times to avoid accusations of insider trading.While the exact number of shares sold at each price point was not disclosed in the filing, the weighted average prices for the shares sold on each day were provided in footnotes, indicating a range of prices within approximately one dollar of the average price reported for each batch of sales.As a result of these sales, Jen-Hsun Huang's direct ownership in Nvidia stock has been adjusted, but he remains a significant shareholder through various indirect holdings. These include shares held by trusts and partnerships where Huang serves as a trustee or has a controlling interest.Investors often monitor the buying and selling activity of company executives as it can provide insights into their confidence in the company's future performance. However, sales made under Rule 10b5-1 trading plans are scheduled in advance and may not necessarily reflect the executive's real-time perspective on the company's outlook.Nvidia's stock performance and market position continue to be of keen interest to investors, particularly as the semiconductor industry experiences shifts in demand and supply chain dynamics. The company has not provided any comments on these specific transactions at this time.In other recent news, Nvidia's shares saw a significant 8% increase following reports of the U.S. government possibly allowing the export of advanced chips to Saudi Arabia. Goldman Sachs reaffirmed its Conviction Buy rating on Nvidia, highlighting the company's strategic position and growth prospects in the accelerated computing space, particularly within data centers. The company's CEO, Mr. Huang, emphasized Nvidia's competitive advantages, including a broad GPU installed base, the integration of hardware with domain-specific software libraries, and the capacity to create rack-level systems with innovations across various chips.In related developments, data center operator Switch (NYSE:SWCH) is considering an initial public offering (IPO) that could potentially value the company at approximately $40 billion. This move comes amidst a surge in demand for data infrastructure driven by the growing interest in generative artificial intelligence, benefiting companies like Nvidia.","news_type":1},"isVote":1,"tweetType":1,"viewCount":69,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":345834390053120,"gmtCreate":1725437710620,"gmtModify":1725438013733,"author":{"id":"3574334317474026","authorId":"3574334317474026","name":"SoulHeart","avatar":"https://static.tigerbbs.com/4729c1e83cf8ca7bd88a57b6d37c6131","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574334317474026","authorIdStr":"3574334317474026"},"themes":[],"htmlText":"Good news from a software development company","listText":"Good news from a software development company","text":"Good news from a software development company","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/345834390053120","repostId":"1127631866","repostType":2,"repost":{"id":"1127631866","kind":"news","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":1725437322,"share":"https://ttm.financial/m/news/1127631866?lang=&edition=fundamental","pubTime":"2024-09-04 16:08","market":"us","language":"en","title":"GitLab Stock Surges 15% on Q2 Results, Strong FY 25 Guidance","url":"https://stock-news.laohu8.com/highlight/detail?id=1127631866","media":"Tiger Newspress","summary":"Shares of GitLab Inc. surged 14.8% in premarket trading Wednesday after the software development company posted strong earnings results and bumped up its full-year outlook.That came even as lingering ","content":"<html><head></head><body><p>Shares of GitLab Inc. surged 14.8% in premarket trading Wednesday after the software development company posted strong earnings results and bumped up its full-year outlook.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/07a793d3ceab5925143f51af39b9b9d4\" tg-width=\"875\" tg-height=\"624\"/></p><p style=\"text-align: start;\">That came even as lingering concerns over the health of the company’s chief executive fuel speculation over a possible sale.</p><p style=\"text-align: start;\">The company reported second-quarter earnings before certain costs such as stock compensation of 15 cents per share, easily beating the Street’s target of 10 cents per share. Revenue for the period rose by an impressive 31% from a year ago, to $128.6 million, above the analysts’ consensus estimate of $176.9 million. All told, GitLab delivered net income of $12.3 million, recovering from a loss of $51.2 million in the year-ago period.</p><p style=\"text-align: start;\">GitLab’s co-founder and CEO Sid Sijbrandij (pictured) told analysts the company is benefiting as more businesses try to embed artificial intelligence and security tooling into their technology platforms.</p><p style=\"text-align: start;\">Because of that, the company is raising its full-year forecast by a fairly hefty margin. It said it’s now looking at full-year sales of between $742 million and $744 million, up from its previous guidance of $733 million to $737 million. It’s also targeting earnings of between 45 and 47 cents per share, compared to its previous forecast of 34 to 37 cents.</p><p style=\"text-align: start;\">Both projections are now well ahead of the Street’s targets, with analysts looking for full-year revenue of $736.6 million and earnings of 36 cents per share.</p><p style=\"text-align: start;\">GitLab’s forecast for the third quarter also looks good, with the company targeting earnings of 15 to 16 cents on sales of $187 million to $188 million. In comparison, the Street says it’s looking for third-quarter earnings of just 11 per share on sales of $187 million.</p><p style=\"text-align: start;\">“Organizations need to deliver software faster to accelerate performance and respond to intense competition,” Sijbrandij said in a statement. “Our results show the combination of our end-to-end platform and AI solutions are driving results for our customers by aligning to business goals, providing measurable benefits and improving security.”</p><p style=\"text-align: start;\">GitLab is considered to be a pioneer in DevOps, selling software that enables companies to adopt a modern strategy of rapid, continuous software updates by combining their developer teams and information technology operations staff. Using GitLab’s tools, developers can share code more easily and create new applications faster than before.</p><p style=\"text-align: start;\">Today’s results clearly helped to alleviate concerns some shareholders have had about the company in light of Sijbrandij’s revelation three months earlier that he’s undergoing treatment for osteosarcoma, a form of bone cancer. Shortly after, a report in Reuters emerged saying that GitLab was exploring a potential sale, citing Datadog Inc. as a possible acquirer.</p><p style=\"text-align: start;\">In a note to clients later that month, financial analyst William Blair said Sijbrandij’s “uncertain health could be a factor in the board’s openness to a potential sale,” noting that the CEO controls 45.5% of GitLab’s voting stock through dual-class shares.</p><p style=\"text-align: start;\">Sijbrandij said during the company’s prior earnings call in June that he was undergoing treatment for a second time, having previously done so a year earlier.</p><p style=\"text-align: start;\">“My doctor believes that this finding is part of the original lesion and that as such the disease has not metastasized,” he told analysts at the time. “I’m working on making a full recovery. As [with] the last time, my scope and responsibilities as GitLab’s CEO and chair remain unchanged.”</p><p style=\"text-align: start;\">Sijbrandij’s health is said to be one of the main reasons for the poor performance of GitLab’s stock lately. Prior to today’s results, the stock was down 29% in the year-to-date, with investors also worried about a cautious information technology spending environment stemming from the broader economic outlook.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GitLab Stock Surges 15% on Q2 Results, Strong FY 25 Guidance</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\">\nGitLab Stock Surges 15% on Q2 Results, Strong FY 25 Guidance\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\">2024-09-04 16:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Shares of GitLab Inc. surged 14.8% in premarket trading Wednesday after the software development company posted strong earnings results and bumped up its full-year outlook.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/07a793d3ceab5925143f51af39b9b9d4\" tg-width=\"875\" tg-height=\"624\"/></p><p style=\"text-align: start;\">That came even as lingering concerns over the health of the company’s chief executive fuel speculation over a possible sale.</p><p style=\"text-align: start;\">The company reported second-quarter earnings before certain costs such as stock compensation of 15 cents per share, easily beating the Street’s target of 10 cents per share. Revenue for the period rose by an impressive 31% from a year ago, to $128.6 million, above the analysts’ consensus estimate of $176.9 million. All told, GitLab delivered net income of $12.3 million, recovering from a loss of $51.2 million in the year-ago period.</p><p style=\"text-align: start;\">GitLab’s co-founder and CEO Sid Sijbrandij (pictured) told analysts the company is benefiting as more businesses try to embed artificial intelligence and security tooling into their technology platforms.</p><p style=\"text-align: start;\">Because of that, the company is raising its full-year forecast by a fairly hefty margin. It said it’s now looking at full-year sales of between $742 million and $744 million, up from its previous guidance of $733 million to $737 million. It’s also targeting earnings of between 45 and 47 cents per share, compared to its previous forecast of 34 to 37 cents.</p><p style=\"text-align: start;\">Both projections are now well ahead of the Street’s targets, with analysts looking for full-year revenue of $736.6 million and earnings of 36 cents per share.</p><p style=\"text-align: start;\">GitLab’s forecast for the third quarter also looks good, with the company targeting earnings of 15 to 16 cents on sales of $187 million to $188 million. In comparison, the Street says it’s looking for third-quarter earnings of just 11 per share on sales of $187 million.</p><p style=\"text-align: start;\">“Organizations need to deliver software faster to accelerate performance and respond to intense competition,” Sijbrandij said in a statement. “Our results show the combination of our end-to-end platform and AI solutions are driving results for our customers by aligning to business goals, providing measurable benefits and improving security.”</p><p style=\"text-align: start;\">GitLab is considered to be a pioneer in DevOps, selling software that enables companies to adopt a modern strategy of rapid, continuous software updates by combining their developer teams and information technology operations staff. Using GitLab’s tools, developers can share code more easily and create new applications faster than before.</p><p style=\"text-align: start;\">Today’s results clearly helped to alleviate concerns some shareholders have had about the company in light of Sijbrandij’s revelation three months earlier that he’s undergoing treatment for osteosarcoma, a form of bone cancer. Shortly after, a report in Reuters emerged saying that GitLab was exploring a potential sale, citing Datadog Inc. as a possible acquirer.</p><p style=\"text-align: start;\">In a note to clients later that month, financial analyst William Blair said Sijbrandij’s “uncertain health could be a factor in the board’s openness to a potential sale,” noting that the CEO controls 45.5% of GitLab’s voting stock through dual-class shares.</p><p style=\"text-align: start;\">Sijbrandij said during the company’s prior earnings call in June that he was undergoing treatment for a second time, having previously done so a year earlier.</p><p style=\"text-align: start;\">“My doctor believes that this finding is part of the original lesion and that as such the disease has not metastasized,” he told analysts at the time. “I’m working on making a full recovery. As [with] the last time, my scope and responsibilities as GitLab’s CEO and chair remain unchanged.”</p><p style=\"text-align: start;\">Sijbrandij’s health is said to be one of the main reasons for the poor performance of GitLab’s stock lately. Prior to today’s results, the stock was down 29% in the year-to-date, with investors also worried about a cautious information technology spending environment stemming from the broader economic outlook.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GTLB":"GitLab, Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127631866","content_text":"Shares of GitLab Inc. surged 14.8% in premarket trading Wednesday after the software development company posted strong earnings results and bumped up its full-year outlook.That came even as lingering concerns over the health of the company’s chief executive fuel speculation over a possible sale.The company reported second-quarter earnings before certain costs such as stock compensation of 15 cents per share, easily beating the Street’s target of 10 cents per share. Revenue for the period rose by an impressive 31% from a year ago, to $128.6 million, above the analysts’ consensus estimate of $176.9 million. All told, GitLab delivered net income of $12.3 million, recovering from a loss of $51.2 million in the year-ago period.GitLab’s co-founder and CEO Sid Sijbrandij (pictured) told analysts the company is benefiting as more businesses try to embed artificial intelligence and security tooling into their technology platforms.Because of that, the company is raising its full-year forecast by a fairly hefty margin. It said it’s now looking at full-year sales of between $742 million and $744 million, up from its previous guidance of $733 million to $737 million. It’s also targeting earnings of between 45 and 47 cents per share, compared to its previous forecast of 34 to 37 cents.Both projections are now well ahead of the Street’s targets, with analysts looking for full-year revenue of $736.6 million and earnings of 36 cents per share.GitLab’s forecast for the third quarter also looks good, with the company targeting earnings of 15 to 16 cents on sales of $187 million to $188 million. In comparison, the Street says it’s looking for third-quarter earnings of just 11 per share on sales of $187 million.“Organizations need to deliver software faster to accelerate performance and respond to intense competition,” Sijbrandij said in a statement. “Our results show the combination of our end-to-end platform and AI solutions are driving results for our customers by aligning to business goals, providing measurable benefits and improving security.”GitLab is considered to be a pioneer in DevOps, selling software that enables companies to adopt a modern strategy of rapid, continuous software updates by combining their developer teams and information technology operations staff. Using GitLab’s tools, developers can share code more easily and create new applications faster than before.Today’s results clearly helped to alleviate concerns some shareholders have had about the company in light of Sijbrandij’s revelation three months earlier that he’s undergoing treatment for osteosarcoma, a form of bone cancer. Shortly after, a report in Reuters emerged saying that GitLab was exploring a potential sale, citing Datadog Inc. as a possible acquirer.In a note to clients later that month, financial analyst William Blair said Sijbrandij’s “uncertain health could be a factor in the board’s openness to a potential sale,” noting that the CEO controls 45.5% of GitLab’s voting stock through dual-class shares.Sijbrandij said during the company’s prior earnings call in June that he was undergoing treatment for a second time, having previously done so a year earlier.“My doctor believes that this finding is part of the original lesion and that as such the disease has not metastasized,” he told analysts at the time. “I’m working on making a full recovery. As [with] the last time, my scope and responsibilities as GitLab’s CEO and chair remain unchanged.”Sijbrandij’s health is said to be one of the main reasons for the poor performance of GitLab’s stock lately. Prior to today’s results, the stock was down 29% in the year-to-date, with investors also worried about a cautious information technology spending environment stemming from the broader economic outlook.","news_type":1},"isVote":1,"tweetType":1,"viewCount":113,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970771865,"gmtCreate":1685067643758,"gmtModify":1685067811758,"author":{"id":"3574334317474026","authorId":"3574334317474026","name":"SoulHeart","avatar":"https://static.tigerbbs.com/4729c1e83cf8ca7bd88a57b6d37c6131","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574334317474026","authorIdStr":"3574334317474026"},"themes":[],"htmlText":"Sembcorp","listText":"Sembcorp","text":"Sembcorp","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970771865","repostId":"1186568304","repostType":2,"repost":{"id":"1186568304","kind":"news","pubTimestamp":1685067255,"share":"https://ttm.financial/m/news/1186568304?lang=&edition=fundamental","pubTime":"2023-05-26 10:14","market":"sg","language":"en","title":"CGS-CIMB Maintains \"Add\" Call on Sembcorp Following Singtel Power Supply Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=1186568304","media":"The Edge Singapore","summary":"CGS CIMB analysts Lim Siew Khee and Izabella Tan have kept their \"add\" call and $5.12 on Sembcorp In","content":"<html><head></head><body><p>CGS CIMB analysts Lim Siew Khee and Izabella Tan have kept their &#34;add&#34; call and $5.12 on Sembcorp Industries following a ten-year power supply deal inked with Singtel.</p><p style=\"text-align: start;\">Under terms of the deal, Singtel will pay $180 million a year starting from Oct 2023, following the expiry of the current agreement this Sept.</p><p style=\"text-align: start;\">Citing figures from Sembcorp&#39;s annual reports, the utilities company booked interested party transaction sales of $174 million for FY2021 and $146 million for FY2019.</p><p>The new power supply deal will be put forward Singtel shareholders for their go ahead as part of the AGM agenda on July 28.</p><p style=\"text-align: start;\">This multi-year deal with Singtel follows a similar 18-year deal by Sembcorp with Micron.</p><p style=\"text-align: start;\">In its separate announcement on May 25, Singtel says that Sembcorp&#39;s proposal was the most competitive out of four potential suppliers considered.</p><p>Singtel also said that it has been offered the option to request Sembcorp to supply solar power, as well as opportunities for Singtel to participate in the latter&#39;s renewable energy projects to support Singtel’s green journey.</p><p style=\"text-align: start;\">According to Lim and Tan&#39;s estimate, with the Singtel and Micron deals in the bag, Sembcorp has secured takers for between 650 and 700 MW of capacity, out of its total of 1.2 GW installed here, for the coming 1 to 18 years.</p><p style=\"text-align: start;\">&#34;As shorter-term contracts roll off, we believe Sembcorp would need to achieve a balance, leaving some capacity to ride on the spot market.</p><p>The analysts note that Singapore&#39;s so-called uniform Singapore energy price (USEP) has been surprisingly strong year to date at an average of $339/MWh, up 30% over 2H22’s average of $259/MWh, spurred by hotter weather and periods of unplanned maintenance of some plants.</p><p style=\"text-align: start;\">If spot prices remain firm, they see upside to their Sembcorp&#39;s current FY2023 earnings estimate of $629 million, which will be up 4% y-o-y。</p><p style=\"text-align: start;\">The target price, held steady at $5.12, is pegged to 12 x forward FY2024 earnings, and is at a 10% discount to Sembcorp&#39;s regional utilities peers.</p></body></html>","source":"lsy1655096814160","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>CGS-CIMB Maintains \"Add\" Call on Sembcorp Following Singtel Power Supply Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ 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.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\">\nCGS-CIMB Maintains \"Add\" Call on Sembcorp Following Singtel Power Supply Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-26 10:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/capital/brokers-calls/cgs-cimb-maintains-add-call-sembcorp-following-singtel-power-supply-deal><strong>The Edge Singapore</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CGS CIMB analysts Lim Siew Khee and Izabella Tan have kept their \"add\" call and $5.12 on Sembcorp Industries following a ten-year power supply deal inked with Singtel.Under terms of the deal, Singtel ...</p>\n\n<a href=\"https://www.theedgesingapore.com/capital/brokers-calls/cgs-cimb-maintains-add-call-sembcorp-following-singtel-power-supply-deal\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"Z74.SI":"新电信","U96.SI":"胜科工业"},"source_url":"https://www.theedgesingapore.com/capital/brokers-calls/cgs-cimb-maintains-add-call-sembcorp-following-singtel-power-supply-deal","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186568304","content_text":"CGS CIMB analysts Lim Siew Khee and Izabella Tan have kept their \"add\" call and $5.12 on Sembcorp Industries following a ten-year power supply deal inked with Singtel.Under terms of the deal, Singtel will pay $180 million a year starting from Oct 2023, following the expiry of the current agreement this Sept.Citing figures from Sembcorp's annual reports, the utilities company booked interested party transaction sales of $174 million for FY2021 and $146 million for FY2019.The new power supply deal will be put forward Singtel shareholders for their go ahead as part of the AGM agenda on July 28.This multi-year deal with Singtel follows a similar 18-year deal by Sembcorp with Micron.In its separate announcement on May 25, Singtel says that Sembcorp's proposal was the most competitive out of four potential suppliers considered.Singtel also said that it has been offered the option to request Sembcorp to supply solar power, as well as opportunities for Singtel to participate in the latter's renewable energy projects to support Singtel’s green journey.According to Lim and Tan's estimate, with the Singtel and Micron deals in the bag, Sembcorp has secured takers for between 650 and 700 MW of capacity, out of its total of 1.2 GW installed here, for the coming 1 to 18 years.\"As shorter-term contracts roll off, we believe Sembcorp would need to achieve a balance, leaving some capacity to ride on the spot market.The analysts note that Singapore's so-called uniform Singapore energy price (USEP) has been surprisingly strong year to date at an average of $339/MWh, up 30% over 2H22’s average of $259/MWh, spurred by hotter weather and periods of unplanned maintenance of some plants.If spot prices remain firm, they see upside to their Sembcorp's current FY2023 earnings estimate of $629 million, which will be up 4% y-o-y。The target price, held steady at $5.12, is pegged to 12 x forward FY2024 earnings, and is at a 10% discount to Sembcorp's regional utilities peers.","news_type":1},"isVote":1,"tweetType":1,"viewCount":155,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":135669298,"gmtCreate":1622161606014,"gmtModify":1704180533403,"author":{"id":"3574334317474026","authorId":"3574334317474026","name":"SoulHeart","avatar":"https://static.tigerbbs.com/4729c1e83cf8ca7bd88a57b6d37c6131","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574334317474026","authorIdStr":"3574334317474026"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/135669298","repostId":"2138179626","repostType":4,"isVote":1,"tweetType":1,"viewCount":298,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9970771865,"gmtCreate":1685067643758,"gmtModify":1685067811758,"author":{"id":"3574334317474026","authorId":"3574334317474026","name":"SoulHeart","avatar":"https://static.tigerbbs.com/4729c1e83cf8ca7bd88a57b6d37c6131","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574334317474026","idStr":"3574334317474026"},"themes":[],"htmlText":"Sembcorp","listText":"Sembcorp","text":"Sembcorp","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970771865","repostId":"1186568304","repostType":2,"isVote":1,"tweetType":1,"viewCount":155,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":348877962805408,"gmtCreate":1726193835476,"gmtModify":1726193839536,"author":{"id":"3574334317474026","authorId":"3574334317474026","name":"SoulHeart","avatar":"https://static.tigerbbs.com/4729c1e83cf8ca7bd88a57b6d37c6131","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574334317474026","idStr":"3574334317474026"},"themes":[],"htmlText":"Will NVidia dip again?","listText":"Will NVidia dip again?","text":"Will NVidia dip again?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/348877962805408","repostId":"1196546051","repostType":2,"repost":{"id":"1196546051","kind":"news","pubTimestamp":1726192800,"share":"https://ttm.financial/m/news/1196546051?lang=&edition=fundamental","pubTime":"2024-09-13 10:00","market":"us","language":"en","title":"Nvidia CEO Jen-Hsun Huang Sells Over $26 Million in Company Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1196546051","media":"Investing.com","summary":"Nvidia Corp (NASDAQ:NVDA) President and CEO Jen-Hsun Huang has sold a significant portion of his holdings in the company, according to recent filings with the Securities and Exchange Commission. The t","content":"<html><head></head><body><p>Nvidia Corp (NASDAQ:NVDA) President and CEO Jen-Hsun Huang has sold a significant portion of his holdings in the company, according to recent filings with the Securities and Exchange Commission. The transactions, carried out over two days, resulted in the sale of Nvidia shares worth over $26 million.</p><p>The sales occurred on September 10th and 11th, with prices per share ranging from $104.99 to $117.072. These transactions were executed under a pre-arranged trading plan, known as a Rule 10b5-1 trading plan, which allows company insiders to sell stocks at predetermined times to avoid accusations of insider trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5b32be7161aecbc0b2aba2891a48935c\" tg-width=\"1891\" tg-height=\"3567\"/></p><p>While the exact number of shares sold at each price point was not disclosed in the filing, the weighted average prices for the shares sold on each day were provided in footnotes, indicating a range of prices within approximately one dollar of the average price reported for each batch of sales.</p><p>As a result of these sales, Jen-Hsun Huang&#39;s direct ownership in Nvidia stock has been adjusted, but he remains a significant shareholder through various indirect holdings. These include shares held by trusts and partnerships where Huang serves as a trustee or has a controlling interest.</p><p>Investors often monitor the buying and selling activity of company executives as it can provide insights into their confidence in the company&#39;s future performance. However, sales made under Rule 10b5-1 trading plans are scheduled in advance and may not necessarily reflect the executive&#39;s real-time perspective on the company&#39;s outlook.</p><p>Nvidia&#39;s stock performance and market position continue to be of keen interest to investors, particularly as the semiconductor industry experiences shifts in demand and supply chain dynamics. The company has not provided any comments on these specific transactions at this time.</p><p>In other recent news, Nvidia&#39;s shares saw a significant 8% increase following reports of the U.S. government possibly allowing the export of advanced chips to Saudi Arabia. Goldman Sachs reaffirmed its Conviction Buy rating on Nvidia, highlighting the company&#39;s strategic position and growth prospects in the accelerated computing space, particularly within data centers. The company&#39;s CEO, Mr. Huang, emphasized Nvidia&#39;s competitive advantages, including a broad GPU installed base, the integration of hardware with domain-specific software libraries, and the capacity to create rack-level systems with innovations across various chips.</p><p>In related developments, data center operator Switch (NYSE:SWCH) is considering an initial public offering (IPO) that could potentially value the company at approximately $40 billion. This move comes amidst a surge in demand for data infrastructure driven by the growing interest in generative artificial intelligence, benefiting companies like Nvidia.</p></body></html>","source":"investingArticles_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>Nvidia CEO Jen-Hsun Huang Sells Over $26 Million in Company Stock</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\">\nNvidia CEO Jen-Hsun Huang Sells Over $26 Million in Company Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-13 10:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investing.com/news/company-news/nvidia-ceo-jenhsun-huang-sells-over-26-million-in-company-stock-93CH-3614644><strong>Investing.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nvidia Corp (NASDAQ:NVDA) President and CEO Jen-Hsun Huang has sold a significant portion of his holdings in the company, according to recent filings with the Securities and Exchange Commission. The ...</p>\n\n<a href=\"https://www.investing.com/news/company-news/nvidia-ceo-jenhsun-huang-sells-over-26-million-in-company-stock-93CH-3614644\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.investing.com/news/company-news/nvidia-ceo-jenhsun-huang-sells-over-26-million-in-company-stock-93CH-3614644","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196546051","content_text":"Nvidia Corp (NASDAQ:NVDA) President and CEO Jen-Hsun Huang has sold a significant portion of his holdings in the company, according to recent filings with the Securities and Exchange Commission. The transactions, carried out over two days, resulted in the sale of Nvidia shares worth over $26 million.The sales occurred on September 10th and 11th, with prices per share ranging from $104.99 to $117.072. These transactions were executed under a pre-arranged trading plan, known as a Rule 10b5-1 trading plan, which allows company insiders to sell stocks at predetermined times to avoid accusations of insider trading.While the exact number of shares sold at each price point was not disclosed in the filing, the weighted average prices for the shares sold on each day were provided in footnotes, indicating a range of prices within approximately one dollar of the average price reported for each batch of sales.As a result of these sales, Jen-Hsun Huang's direct ownership in Nvidia stock has been adjusted, but he remains a significant shareholder through various indirect holdings. These include shares held by trusts and partnerships where Huang serves as a trustee or has a controlling interest.Investors often monitor the buying and selling activity of company executives as it can provide insights into their confidence in the company's future performance. However, sales made under Rule 10b5-1 trading plans are scheduled in advance and may not necessarily reflect the executive's real-time perspective on the company's outlook.Nvidia's stock performance and market position continue to be of keen interest to investors, particularly as the semiconductor industry experiences shifts in demand and supply chain dynamics. The company has not provided any comments on these specific transactions at this time.In other recent news, Nvidia's shares saw a significant 8% increase following reports of the U.S. government possibly allowing the export of advanced chips to Saudi Arabia. Goldman Sachs reaffirmed its Conviction Buy rating on Nvidia, highlighting the company's strategic position and growth prospects in the accelerated computing space, particularly within data centers. The company's CEO, Mr. Huang, emphasized Nvidia's competitive advantages, including a broad GPU installed base, the integration of hardware with domain-specific software libraries, and the capacity to create rack-level systems with innovations across various chips.In related developments, data center operator Switch (NYSE:SWCH) is considering an initial public offering (IPO) that could potentially value the company at approximately $40 billion. This move comes amidst a surge in demand for data infrastructure driven by the growing interest in generative artificial intelligence, benefiting companies like Nvidia.","news_type":1},"isVote":1,"tweetType":1,"viewCount":69,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":345834390053120,"gmtCreate":1725437710620,"gmtModify":1725438013733,"author":{"id":"3574334317474026","authorId":"3574334317474026","name":"SoulHeart","avatar":"https://static.tigerbbs.com/4729c1e83cf8ca7bd88a57b6d37c6131","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574334317474026","idStr":"3574334317474026"},"themes":[],"htmlText":"Good news from a software development company","listText":"Good news from a software development company","text":"Good news from a software development company","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/345834390053120","repostId":"1127631866","repostType":2,"repost":{"id":"1127631866","kind":"news","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":1725437322,"share":"https://ttm.financial/m/news/1127631866?lang=&edition=fundamental","pubTime":"2024-09-04 16:08","market":"us","language":"en","title":"GitLab Stock Surges 15% on Q2 Results, Strong FY 25 Guidance","url":"https://stock-news.laohu8.com/highlight/detail?id=1127631866","media":"Tiger Newspress","summary":"Shares of GitLab Inc. surged 14.8% in premarket trading Wednesday after the software development company posted strong earnings results and bumped up its full-year outlook.That came even as lingering ","content":"<html><head></head><body><p>Shares of GitLab Inc. surged 14.8% in premarket trading Wednesday after the software development company posted strong earnings results and bumped up its full-year outlook.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/07a793d3ceab5925143f51af39b9b9d4\" tg-width=\"875\" tg-height=\"624\"/></p><p style=\"text-align: start;\">That came even as lingering concerns over the health of the company’s chief executive fuel speculation over a possible sale.</p><p style=\"text-align: start;\">The company reported second-quarter earnings before certain costs such as stock compensation of 15 cents per share, easily beating the Street’s target of 10 cents per share. Revenue for the period rose by an impressive 31% from a year ago, to $128.6 million, above the analysts’ consensus estimate of $176.9 million. All told, GitLab delivered net income of $12.3 million, recovering from a loss of $51.2 million in the year-ago period.</p><p style=\"text-align: start;\">GitLab’s co-founder and CEO Sid Sijbrandij (pictured) told analysts the company is benefiting as more businesses try to embed artificial intelligence and security tooling into their technology platforms.</p><p style=\"text-align: start;\">Because of that, the company is raising its full-year forecast by a fairly hefty margin. It said it’s now looking at full-year sales of between $742 million and $744 million, up from its previous guidance of $733 million to $737 million. It’s also targeting earnings of between 45 and 47 cents per share, compared to its previous forecast of 34 to 37 cents.</p><p style=\"text-align: start;\">Both projections are now well ahead of the Street’s targets, with analysts looking for full-year revenue of $736.6 million and earnings of 36 cents per share.</p><p style=\"text-align: start;\">GitLab’s forecast for the third quarter also looks good, with the company targeting earnings of 15 to 16 cents on sales of $187 million to $188 million. In comparison, the Street says it’s looking for third-quarter earnings of just 11 per share on sales of $187 million.</p><p style=\"text-align: start;\">“Organizations need to deliver software faster to accelerate performance and respond to intense competition,” Sijbrandij said in a statement. “Our results show the combination of our end-to-end platform and AI solutions are driving results for our customers by aligning to business goals, providing measurable benefits and improving security.”</p><p style=\"text-align: start;\">GitLab is considered to be a pioneer in DevOps, selling software that enables companies to adopt a modern strategy of rapid, continuous software updates by combining their developer teams and information technology operations staff. Using GitLab’s tools, developers can share code more easily and create new applications faster than before.</p><p style=\"text-align: start;\">Today’s results clearly helped to alleviate concerns some shareholders have had about the company in light of Sijbrandij’s revelation three months earlier that he’s undergoing treatment for osteosarcoma, a form of bone cancer. Shortly after, a report in Reuters emerged saying that GitLab was exploring a potential sale, citing Datadog Inc. as a possible acquirer.</p><p style=\"text-align: start;\">In a note to clients later that month, financial analyst William Blair said Sijbrandij’s “uncertain health could be a factor in the board’s openness to a potential sale,” noting that the CEO controls 45.5% of GitLab’s voting stock through dual-class shares.</p><p style=\"text-align: start;\">Sijbrandij said during the company’s prior earnings call in June that he was undergoing treatment for a second time, having previously done so a year earlier.</p><p style=\"text-align: start;\">“My doctor believes that this finding is part of the original lesion and that as such the disease has not metastasized,” he told analysts at the time. “I’m working on making a full recovery. As [with] the last time, my scope and responsibilities as GitLab’s CEO and chair remain unchanged.”</p><p style=\"text-align: start;\">Sijbrandij’s health is said to be one of the main reasons for the poor performance of GitLab’s stock lately. Prior to today’s results, the stock was down 29% in the year-to-date, with investors also worried about a cautious information technology spending environment stemming from the broader economic outlook.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GitLab Stock Surges 15% on Q2 Results, Strong FY 25 Guidance</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\">\nGitLab Stock Surges 15% on Q2 Results, Strong FY 25 Guidance\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\">2024-09-04 16:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Shares of GitLab Inc. surged 14.8% in premarket trading Wednesday after the software development company posted strong earnings results and bumped up its full-year outlook.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/07a793d3ceab5925143f51af39b9b9d4\" tg-width=\"875\" tg-height=\"624\"/></p><p style=\"text-align: start;\">That came even as lingering concerns over the health of the company’s chief executive fuel speculation over a possible sale.</p><p style=\"text-align: start;\">The company reported second-quarter earnings before certain costs such as stock compensation of 15 cents per share, easily beating the Street’s target of 10 cents per share. Revenue for the period rose by an impressive 31% from a year ago, to $128.6 million, above the analysts’ consensus estimate of $176.9 million. All told, GitLab delivered net income of $12.3 million, recovering from a loss of $51.2 million in the year-ago period.</p><p style=\"text-align: start;\">GitLab’s co-founder and CEO Sid Sijbrandij (pictured) told analysts the company is benefiting as more businesses try to embed artificial intelligence and security tooling into their technology platforms.</p><p style=\"text-align: start;\">Because of that, the company is raising its full-year forecast by a fairly hefty margin. It said it’s now looking at full-year sales of between $742 million and $744 million, up from its previous guidance of $733 million to $737 million. It’s also targeting earnings of between 45 and 47 cents per share, compared to its previous forecast of 34 to 37 cents.</p><p style=\"text-align: start;\">Both projections are now well ahead of the Street’s targets, with analysts looking for full-year revenue of $736.6 million and earnings of 36 cents per share.</p><p style=\"text-align: start;\">GitLab’s forecast for the third quarter also looks good, with the company targeting earnings of 15 to 16 cents on sales of $187 million to $188 million. In comparison, the Street says it’s looking for third-quarter earnings of just 11 per share on sales of $187 million.</p><p style=\"text-align: start;\">“Organizations need to deliver software faster to accelerate performance and respond to intense competition,” Sijbrandij said in a statement. “Our results show the combination of our end-to-end platform and AI solutions are driving results for our customers by aligning to business goals, providing measurable benefits and improving security.”</p><p style=\"text-align: start;\">GitLab is considered to be a pioneer in DevOps, selling software that enables companies to adopt a modern strategy of rapid, continuous software updates by combining their developer teams and information technology operations staff. Using GitLab’s tools, developers can share code more easily and create new applications faster than before.</p><p style=\"text-align: start;\">Today’s results clearly helped to alleviate concerns some shareholders have had about the company in light of Sijbrandij’s revelation three months earlier that he’s undergoing treatment for osteosarcoma, a form of bone cancer. Shortly after, a report in Reuters emerged saying that GitLab was exploring a potential sale, citing Datadog Inc. as a possible acquirer.</p><p style=\"text-align: start;\">In a note to clients later that month, financial analyst William Blair said Sijbrandij’s “uncertain health could be a factor in the board’s openness to a potential sale,” noting that the CEO controls 45.5% of GitLab’s voting stock through dual-class shares.</p><p style=\"text-align: start;\">Sijbrandij said during the company’s prior earnings call in June that he was undergoing treatment for a second time, having previously done so a year earlier.</p><p style=\"text-align: start;\">“My doctor believes that this finding is part of the original lesion and that as such the disease has not metastasized,” he told analysts at the time. “I’m working on making a full recovery. As [with] the last time, my scope and responsibilities as GitLab’s CEO and chair remain unchanged.”</p><p style=\"text-align: start;\">Sijbrandij’s health is said to be one of the main reasons for the poor performance of GitLab’s stock lately. Prior to today’s results, the stock was down 29% in the year-to-date, with investors also worried about a cautious information technology spending environment stemming from the broader economic outlook.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GTLB":"GitLab, Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127631866","content_text":"Shares of GitLab Inc. surged 14.8% in premarket trading Wednesday after the software development company posted strong earnings results and bumped up its full-year outlook.That came even as lingering concerns over the health of the company’s chief executive fuel speculation over a possible sale.The company reported second-quarter earnings before certain costs such as stock compensation of 15 cents per share, easily beating the Street’s target of 10 cents per share. Revenue for the period rose by an impressive 31% from a year ago, to $128.6 million, above the analysts’ consensus estimate of $176.9 million. All told, GitLab delivered net income of $12.3 million, recovering from a loss of $51.2 million in the year-ago period.GitLab’s co-founder and CEO Sid Sijbrandij (pictured) told analysts the company is benefiting as more businesses try to embed artificial intelligence and security tooling into their technology platforms.Because of that, the company is raising its full-year forecast by a fairly hefty margin. It said it’s now looking at full-year sales of between $742 million and $744 million, up from its previous guidance of $733 million to $737 million. It’s also targeting earnings of between 45 and 47 cents per share, compared to its previous forecast of 34 to 37 cents.Both projections are now well ahead of the Street’s targets, with analysts looking for full-year revenue of $736.6 million and earnings of 36 cents per share.GitLab’s forecast for the third quarter also looks good, with the company targeting earnings of 15 to 16 cents on sales of $187 million to $188 million. In comparison, the Street says it’s looking for third-quarter earnings of just 11 per share on sales of $187 million.“Organizations need to deliver software faster to accelerate performance and respond to intense competition,” Sijbrandij said in a statement. “Our results show the combination of our end-to-end platform and AI solutions are driving results for our customers by aligning to business goals, providing measurable benefits and improving security.”GitLab is considered to be a pioneer in DevOps, selling software that enables companies to adopt a modern strategy of rapid, continuous software updates by combining their developer teams and information technology operations staff. Using GitLab’s tools, developers can share code more easily and create new applications faster than before.Today’s results clearly helped to alleviate concerns some shareholders have had about the company in light of Sijbrandij’s revelation three months earlier that he’s undergoing treatment for osteosarcoma, a form of bone cancer. Shortly after, a report in Reuters emerged saying that GitLab was exploring a potential sale, citing Datadog Inc. as a possible acquirer.In a note to clients later that month, financial analyst William Blair said Sijbrandij’s “uncertain health could be a factor in the board’s openness to a potential sale,” noting that the CEO controls 45.5% of GitLab’s voting stock through dual-class shares.Sijbrandij said during the company’s prior earnings call in June that he was undergoing treatment for a second time, having previously done so a year earlier.“My doctor believes that this finding is part of the original lesion and that as such the disease has not metastasized,” he told analysts at the time. “I’m working on making a full recovery. As [with] the last time, my scope and responsibilities as GitLab’s CEO and chair remain unchanged.”Sijbrandij’s health is said to be one of the main reasons for the poor performance of GitLab’s stock lately. Prior to today’s results, the stock was down 29% in the year-to-date, with investors also worried about a cautious information technology spending environment stemming from the broader economic outlook.","news_type":1},"isVote":1,"tweetType":1,"viewCount":113,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":135669298,"gmtCreate":1622161606014,"gmtModify":1704180533403,"author":{"id":"3574334317474026","authorId":"3574334317474026","name":"SoulHeart","avatar":"https://static.tigerbbs.com/4729c1e83cf8ca7bd88a57b6d37c6131","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574334317474026","idStr":"3574334317474026"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/135669298","repostId":"2138179626","repostType":4,"repost":{"id":"2138179626","kind":"news","pubTimestamp":1622158199,"share":"https://ttm.financial/m/news/2138179626?lang=&edition=fundamental","pubTime":"2021-05-28 07:29","market":"us","language":"en","title":"AMC Defies Gravity as Retail Traders Propel Gains","url":"https://stock-news.laohu8.com/highlight/detail?id=2138179626","media":"Bloomberg","summary":"(Bloomberg) -- AMC Entertainment Holdings Inc. capped its best trading session in four months, pushe","content":"<p>(Bloomberg) -- AMC Entertainment Holdings Inc. capped its best trading session in four months, pushed higher by eager retail investors who celebrated vaulting the company’s market value to a record $13 billion on social media.</p><p>Shares soared 36% to $26.52 as 691 million shares changed hands, in the busiest day since January for the Leawood, Kansas-based company. The four-day rally more than doubled its stock price, pushing its year-to-date gains to 1,150%.</p><p>AMC’s revival has been fueled by individual investors eager to save the movie theater industry after it raised more than $1 billion in financing to avoid bankruptcy over recent months.</p><p>Chief Executive Officer Adam Aron has embraced the Reddit-fueled rally and talked to new retail investors on conference calls. The stock has roughly tripled since AMC reported quarterly results on May 6, adding $9 billion in value. Thursday’s milestone stands out against a market value bottom of $216.8 million which was hit in April 2020.</p><p>While Chad Beynon, an analyst with <a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a> Securities, is waiting for AMC to continue to shed debt and lease obligations before getting more constructive on shares, he acknowledged the mania individual investors can create.</p><p>“The Reddit crowd is strong, the volumes have been off the charts lately, so there’s clearly demand that wasn’t there pre-Covid,” he said by phone. The company’s ability to raise cash at over $10 a share earlier in the month “marked the first time the company was able to financially benefit from the Reddit rally,” he said.</p><p>The cash AMC has raised through the sales of hundreds of millions of additional shares is a key driver for the massive run-up in market value despite the stock actually trading down more than 25% from a 2015 peak. More than 490 million shares of AMC are currently available for trading, data compiled by Bloomberg show, almost ten-times the 52 million shares outstanding at the start of last year.</p><p>More Capital</p><p>Debt tied to AMC has rallied alongside shares, setting new highs in recent days. The company’s bonds, which were trading at a low of 5 cents in November, are inching close to par, according to Trace trading data. That debt carries a hefty coupon of 12% for the notes due 2026.</p><p>AMC’s bonds were among the top performers in the U.S. high-yield market on Thursday, extending gains from earlier in the week.</p><p>The company said previously it might seek more financing, and some investors have suggested it sell more shares to pay down or look to refinance its more than $10 billion debt load.</p><p>The cinema chain “will carefully examine the raising of additional capital in whatever form we think is most attractive” and is focused on de-leveraging, Aron said on a call to discuss fourth-quarter results in March.</p><p>The company’s latest resurgence at the hands of individual investors has pushed the market value to more than double its April 2017 peak of $4.17 billion prior to this year’s trading. Put a different way, AMC has consistently added more than $1 billion in each of the last three sessions -- more than double its value at the start of the year.</p><p>The movie theater company’s ability to post strong box office numbers as it reopens in key markets like New York and California will be important, B. Riley Securities analyst Eric Wold said by phone. Wold downgraded shares to neutral from buy on Wednesday citing valuation concerns.</p><p><img src=\"https://static.tigerbbs.com/60a6934d0b488dec4c7fc32bf274daf1\" tg-width=\"1200\" tg-height=\"675\" referrerpolicy=\"no-referrer\"></p><p>(Corrects to clarify company is based in Leawood and trading volume was the highest since January in second paragraph)</p><p></p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC Defies Gravity as Retail Traders Propel Gains</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\">\nAMC Defies Gravity as Retail Traders Propel Gains\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-28 07:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/amc-defies-gravity-retail-traders-202014502.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- AMC Entertainment Holdings Inc. capped its best trading session in four months, pushed higher by eager retail investors who celebrated vaulting the company’s market value to a record $...</p>\n\n<a href=\"https://finance.yahoo.com/news/amc-defies-gravity-retail-traders-202014502.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://s.yimg.com/uu/api/res/1.2/2bquXi1tyRzkQitTS.I9hw--~B/aD02NzU7dz0xMjAwO2FwcGlkPXl0YWNoeW9u/https://s.yimg.com/uu/api/res/1.2/joOJw96gIckoL0UwWzKSCQ--~B/aD02NzU7dz0xMjAwO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/bloomberg_markets_842/062907bd926ca764eb3e3c6667e60162","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://finance.yahoo.com/news/amc-defies-gravity-retail-traders-202014502.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2138179626","content_text":"(Bloomberg) -- AMC Entertainment Holdings Inc. capped its best trading session in four months, pushed higher by eager retail investors who celebrated vaulting the company’s market value to a record $13 billion on social media.Shares soared 36% to $26.52 as 691 million shares changed hands, in the busiest day since January for the Leawood, Kansas-based company. The four-day rally more than doubled its stock price, pushing its year-to-date gains to 1,150%.AMC’s revival has been fueled by individual investors eager to save the movie theater industry after it raised more than $1 billion in financing to avoid bankruptcy over recent months.Chief Executive Officer Adam Aron has embraced the Reddit-fueled rally and talked to new retail investors on conference calls. The stock has roughly tripled since AMC reported quarterly results on May 6, adding $9 billion in value. Thursday’s milestone stands out against a market value bottom of $216.8 million which was hit in April 2020.While Chad Beynon, an analyst with Macquarie Securities, is waiting for AMC to continue to shed debt and lease obligations before getting more constructive on shares, he acknowledged the mania individual investors can create.“The Reddit crowd is strong, the volumes have been off the charts lately, so there’s clearly demand that wasn’t there pre-Covid,” he said by phone. The company’s ability to raise cash at over $10 a share earlier in the month “marked the first time the company was able to financially benefit from the Reddit rally,” he said.The cash AMC has raised through the sales of hundreds of millions of additional shares is a key driver for the massive run-up in market value despite the stock actually trading down more than 25% from a 2015 peak. More than 490 million shares of AMC are currently available for trading, data compiled by Bloomberg show, almost ten-times the 52 million shares outstanding at the start of last year.More CapitalDebt tied to AMC has rallied alongside shares, setting new highs in recent days. The company’s bonds, which were trading at a low of 5 cents in November, are inching close to par, according to Trace trading data. That debt carries a hefty coupon of 12% for the notes due 2026.AMC’s bonds were among the top performers in the U.S. high-yield market on Thursday, extending gains from earlier in the week.The company said previously it might seek more financing, and some investors have suggested it sell more shares to pay down or look to refinance its more than $10 billion debt load.The cinema chain “will carefully examine the raising of additional capital in whatever form we think is most attractive” and is focused on de-leveraging, Aron said on a call to discuss fourth-quarter results in March.The company’s latest resurgence at the hands of individual investors has pushed the market value to more than double its April 2017 peak of $4.17 billion prior to this year’s trading. Put a different way, AMC has consistently added more than $1 billion in each of the last three sessions -- more than double its value at the start of the year.The movie theater company’s ability to post strong box office numbers as it reopens in key markets like New York and California will be important, B. Riley Securities analyst Eric Wold said by phone. Wold downgraded shares to neutral from buy on Wednesday citing valuation concerns.(Corrects to clarify company is based in Leawood and trading volume was the highest since January in second paragraph)","news_type":1},"isVote":1,"tweetType":1,"viewCount":298,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}