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2021-02-04

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2021-01-31

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Apple Smashes Q1 Earnings Forecast on Surging China Sales

2021-01-31

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These 2 Nasdaq Stocks Hit All-Time Highs Thursday

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15:48","market":"sg","language":"en","title":"Apple Smashes Q1 Earnings Forecast on Surging China Sales","url":"https://stock-news.laohu8.com/highlight/detail?id=1181346723","media":"The street","summary":"Apple saw a 57% surge in China sales over the December quarter, helping drive a record top line and much stronger-than-expected first quarter earnings.Apple Inc.  -Get Report posted stronger-than-expected first quarter earnings Wednesday, and its first print of revenues over $100 million, thanks in part to surging China sales and demand for its new iPhone 12.Greater China revenues surged 57% to $21.3 billion, Apple said, helping iPhone revenues rise 17% to an all-time high of $65.5 billion, than","content":"<p>Apple saw a 57% surge in China sales over the December quarter, helping drive a record top line and much stronger-than-expected first quarter earnings.</p><p>Apple Inc.&nbsp;(<b>AAPL</b>) -Get Report&nbsp;posted stronger-than-expected first quarter earnings Wednesday, and its first print of revenues over $100 million, thanks in part to surging China sales and demand for its new iPhone 12.</p><p>Apple said profits for the three months ending in December, the tech giant's fiscal first quarter, were pegged at $1.68 per share, up 34.4% from the same period last year and well ahead of the Street consensus forecast of $1.41. Group revenues, Apple said, rose 21% from last year to a record $111.44 billion, again topping analysts' estimates of a $103.3 billion tally.</p><p>Greater China revenues surged 57% to $21.3 billion, Apple said, helping iPhone revenues rise 17% to an all-time high of $65.5 billion, thanks in part to the launch of its new iPhone 12 suite of smartphones late last year amid COVID-related disruptions to its global brick-and-mortar network of stores. Services revenue rose 24.2% to $15.8 billion, Apple said, with more than 620 million subscribers across all of its platforms.</p><p>Looking into the three months ending in March, Apple said its sees revenue growing on an year-on-year basis, but declined to provide detailed guidance for either sales or bottom line earnings. Gross margins, Apple said, will likely be flat on a quarter-to-quarter basis.</p><p>“This quarter for Apple wouldn’t have been possible without the tireless and innovative work of every Apple team member worldwide,” said CEO Tim Cook. “We’re gratified by the enthusiastic customer response to the unmatched line of cutting-edge products that we delivered across a historic holiday season.\"</p><p>Apple shares were marked 2% lower in after hours trading immediately following the earnings release to indicate a Thursday opening bell price of $139.30 each, a move that would trim the stock's six-month gain to around 49%.</p><p>Mac sales, Apple said, rose 21.2% to $8.68 billion, while sales from its wearables, home and accessories division jumped 30% to $13 billion, \"driven by holiday demand for the latest Apple watch,\" Cook said. iPad sales were up an astonishing 41% to $8.44 billion.</p><p>“Our December quarter business performance was fueled by double-digit growth in each product category, which drove all-time revenue records in each of our geographic segments and an all-time high for our installed base of active devices,” said CFO Luca Maestri. “These results helped us generate record operating cash flow of $38.8 billion. We also returned over $30 billion to shareholders during the quarter as we maintain our target of reaching a net cash neutral position over time.</p><p>Cook said the gains helped lift its total installed base of devices past 1.65 billion, with more than 1 billion iPhones active and outstanding and records in each of its project categories.</p>","source":"lsy1610613172068","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>Apple Smashes Q1 Earnings Forecast on Surging China Sales</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\">\nApple Smashes Q1 Earnings Forecast on Surging China Sales\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-01-28 15:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/apple-smashes-q1-earnings-forecast-on-surging-china-sales><strong>The street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple saw a 57% surge in China sales over the December quarter, helping drive a record top line and much stronger-than-expected first quarter earnings.Apple Inc. (AAPL) -Get Report posted stronger-...</p>\n\n<a href=\"https://www.thestreet.com/investing/apple-smashes-q1-earnings-forecast-on-surging-china-sales\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.thestreet.com/investing/apple-smashes-q1-earnings-forecast-on-surging-china-sales","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181346723","content_text":"Apple saw a 57% surge in China sales over the December quarter, helping drive a record top line and much stronger-than-expected first quarter earnings.Apple Inc. (AAPL) -Get Report posted stronger-than-expected first quarter earnings Wednesday, and its first print of revenues over $100 million, thanks in part to surging China sales and demand for its new iPhone 12.Apple said profits for the three months ending in December, the tech giant's fiscal first quarter, were pegged at $1.68 per share, up 34.4% from the same period last year and well ahead of the Street consensus forecast of $1.41. Group revenues, Apple said, rose 21% from last year to a record $111.44 billion, again topping analysts' estimates of a $103.3 billion tally.Greater China revenues surged 57% to $21.3 billion, Apple said, helping iPhone revenues rise 17% to an all-time high of $65.5 billion, thanks in part to the launch of its new iPhone 12 suite of smartphones late last year amid COVID-related disruptions to its global brick-and-mortar network of stores. Services revenue rose 24.2% to $15.8 billion, Apple said, with more than 620 million subscribers across all of its platforms.Looking into the three months ending in March, Apple said its sees revenue growing on an year-on-year basis, but declined to provide detailed guidance for either sales or bottom line earnings. Gross margins, Apple said, will likely be flat on a quarter-to-quarter basis.“This quarter for Apple wouldn’t have been possible without the tireless and innovative work of every Apple team member worldwide,” said CEO Tim Cook. “We’re gratified by the enthusiastic customer response to the unmatched line of cutting-edge products that we delivered across a historic holiday season.\"Apple shares were marked 2% lower in after hours trading immediately following the earnings release to indicate a Thursday opening bell price of $139.30 each, a move that would trim the stock's six-month gain to around 49%.Mac sales, Apple said, rose 21.2% to $8.68 billion, while sales from its wearables, home and accessories division jumped 30% to $13 billion, \"driven by holiday demand for the latest Apple watch,\" Cook said. iPad sales were up an astonishing 41% to $8.44 billion.“Our December quarter business performance was fueled by double-digit growth in each product category, which drove all-time revenue records in each of our geographic segments and an all-time high for our installed base of active devices,” said CFO Luca Maestri. “These results helped us generate record operating cash flow of $38.8 billion. We also returned over $30 billion to shareholders during the quarter as we maintain our target of reaching a net cash neutral position over time.Cook said the gains helped lift its total installed base of devices past 1.65 billion, with more than 1 billion iPhones active and outstanding and records in each of its project categories.","news_type":1},"isVote":1,"tweetType":1,"viewCount":542,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":312110789,"gmtCreate":1612062948341,"gmtModify":1704867081525,"author":{"id":"3574931817971549","authorId":"3574931817971549","name":"Cokiesmont","avatar":"https://community-static.tradeup.com/news/c1c00e6055a847cd842b847dadfb2858","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"Best","listText":"Best","text":"Best","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/312110789","repostId":"1168785023","repostType":4,"repost":{"id":"1168785023","pubTimestamp":1611898385,"share":"https://www.laohu8.com/m/news/1168785023?lang=&edition=full","pubTime":"2021-01-29 13:33","market":"sg","language":"en","title":"These 2 Nasdaq Stocks Hit All-Time Highs Thursday","url":"https://stock-news.laohu8.com/highlight/detail?id=1168785023","media":"Nasdaq","summary":"Market volatility continued on Thursday, but in stark contrast to Wednesday's big plunge, the news w","content":"<p>Market volatility continued on Thursday, but in stark contrast to Wednesday's big plunge, the news was more positive. By 1:15 p.m. EST, the&nbsp;<b>Nasdaq Composite</b>(NASDAQINDEX: ^IXIC)was up 1.5%, and other major benchmarks saw similarly strong performance.</p><p>Once again, some high-profile stocks were subject to short squeezes, and many investors focused their entire attention on the wild swings that their share prices saw. Yet amid all the uproar, a couple of high-qualityNasdaq stocksmanaged to climb to all-time records. Far from being caused by market hype, both of these companies stand a good chance of holding onto their gains and even pushing further into record territory.</p><p>Sponsored LinksTrade the Impact of the US Election with IC Markets.IC Markets</p><p>A strong quarter for Big Softy</p><p>Shares of&nbsp;<b>Microsoft</b>(NASDAQ: MSFT)were up more than 3% on Thursday afternoon. The move sent the software giant's market capitalization above $1.8 trillion, and despite an impressive advance over the past year, many investors in Microsoft see further upside ahead.</p><p>Thegood news for Microsoftstarted earlier this week, when the company announced its fiscal second-quarter financial results. The numbers were strong, with revenue climbing 17% year over year and net income soaring by 33% from year-ago levels. Microsoft saw consistently good performance across almost its entire corporate footprint, as sales jumped double-digit percentages in the productivity and business processes, intelligent cloud, and more personal computing segments. As we've seen repeatedly in recent quarters, cloud growth stood out, with total revenue climbing 23% on a 26% rise in server products and cloud services sales.</p><p>Most investors believe that Microsoft's future lies in maximizing its growth in cloud computing. Microsoft Azure has picked up some key wins lately, most notably when&nbsp;<b>General Motors</b>(NYSE: GM)agreed to have Microsoft become a partner in its Cruise electric vehicle venture in exchange for giving Azure a prominent status with Cruise and GM. Yet Azure doesn't get the same recognition as&nbsp;<b>Amazon</b>'s Web Services division.</p><p>Microsoft has come a long way quickly, but its gains haven't been triggered by any short-term trading considerations. There are strong fundamentals underlying the stock, and that's why investors can feel confident aboutMicrosoft's chances to keep producing solid long-term returns.</p><p>A longtime fund giant with a modern approach</p><p>Digging even further into the little-followed realm, fund manager&nbsp;<b>T. Rowe Price</b>(NASDAQ: TROW)hit all-time highs Thursday, climbing more than 5%. The company had strong fourth-quarter results that showed how popular its fund offerings still are even as investing has changed dramatically.</p><p>T. Rowe Price's results show how lucrative the business still is. Net revenue jumped 18% to $1.73 billion, with net income soaring 44% to $783 million. That capped a surprisingly good year for the fund manager, as assets under management ended up rising 22% to $1.47 trillion. Strong markets played a big role in that, but the company also saw $2.2 billion in net inflows during the fourth quarter to support its business.</p><p>To keep up with the pace of transformation in the investing industry,T. Rowe Price has also jumped into the active ETF realm. Funds have had solid inflows even as many competitors struggle to remain viable. With ARK Invest having taken a lot of the mindshare in the active ETF space, it's encouraging to see T. Rowe Price's funds still gaining traction.</p><p>T. Rowe Price was a pioneer in investing in the technology industry, and that's given it an edge over more conservative peers among fund managers. The stock has been a solid performer, paying significant and growing dividends and giving shareholders long-term gains. That's a recipe for sustained growth well into the future.</p>","source":"lsy1603171495471","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>These 2 Nasdaq Stocks Hit All-Time Highs Thursday</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\">\nThese 2 Nasdaq Stocks Hit All-Time Highs Thursday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-01-29 13:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.nasdaq.com/articles/these-2-nasdaq-stocks-hit-all-time-highs-thursday-and-they-deserve-all-the-credit-2021-01><strong>Nasdaq</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Market volatility continued on Thursday, but in stark contrast to Wednesday's big plunge, the news was more positive. By 1:15 p.m. EST, the Nasdaq Composite(NASDAQINDEX: ^IXIC)was up 1.5%, and other ...</p>\n\n<a href=\"https://www.nasdaq.com/articles/these-2-nasdaq-stocks-hit-all-time-highs-thursday-and-they-deserve-all-the-credit-2021-01\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.nasdaq.com/articles/these-2-nasdaq-stocks-hit-all-time-highs-thursday-and-they-deserve-all-the-credit-2021-01","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168785023","content_text":"Market volatility continued on Thursday, but in stark contrast to Wednesday's big plunge, the news was more positive. By 1:15 p.m. EST, the Nasdaq Composite(NASDAQINDEX: ^IXIC)was up 1.5%, and other major benchmarks saw similarly strong performance.Once again, some high-profile stocks were subject to short squeezes, and many investors focused their entire attention on the wild swings that their share prices saw. Yet amid all the uproar, a couple of high-qualityNasdaq stocksmanaged to climb to all-time records. Far from being caused by market hype, both of these companies stand a good chance of holding onto their gains and even pushing further into record territory.Sponsored LinksTrade the Impact of the US Election with IC Markets.IC MarketsA strong quarter for Big SoftyShares of Microsoft(NASDAQ: MSFT)were up more than 3% on Thursday afternoon. The move sent the software giant's market capitalization above $1.8 trillion, and despite an impressive advance over the past year, many investors in Microsoft see further upside ahead.Thegood news for Microsoftstarted earlier this week, when the company announced its fiscal second-quarter financial results. The numbers were strong, with revenue climbing 17% year over year and net income soaring by 33% from year-ago levels. Microsoft saw consistently good performance across almost its entire corporate footprint, as sales jumped double-digit percentages in the productivity and business processes, intelligent cloud, and more personal computing segments. As we've seen repeatedly in recent quarters, cloud growth stood out, with total revenue climbing 23% on a 26% rise in server products and cloud services sales.Most investors believe that Microsoft's future lies in maximizing its growth in cloud computing. Microsoft Azure has picked up some key wins lately, most notably when General Motors(NYSE: GM)agreed to have Microsoft become a partner in its Cruise electric vehicle venture in exchange for giving Azure a prominent status with Cruise and GM. Yet Azure doesn't get the same recognition as Amazon's Web Services division.Microsoft has come a long way quickly, but its gains haven't been triggered by any short-term trading considerations. There are strong fundamentals underlying the stock, and that's why investors can feel confident aboutMicrosoft's chances to keep producing solid long-term returns.A longtime fund giant with a modern approachDigging even further into the little-followed realm, fund manager T. Rowe Price(NASDAQ: TROW)hit all-time highs Thursday, climbing more than 5%. The company had strong fourth-quarter results that showed how popular its fund offerings still are even as investing has changed dramatically.T. Rowe Price's results show how lucrative the business still is. Net revenue jumped 18% to $1.73 billion, with net income soaring 44% to $783 million. That capped a surprisingly good year for the fund manager, as assets under management ended up rising 22% to $1.47 trillion. Strong markets played a big role in that, but the company also saw $2.2 billion in net inflows during the fourth quarter to support its business.To keep up with the pace of transformation in the investing industry,T. Rowe Price has also jumped into the active ETF realm. Funds have had solid inflows even as many competitors struggle to remain viable. With ARK Invest having taken a lot of the mindshare in the active ETF space, it's encouraging to see T. Rowe Price's funds still gaining traction.T. Rowe Price was a pioneer in investing in the technology industry, and that's given it an edge over more conservative peers among fund managers. The stock has been a solid performer, paying significant and growing dividends and giving shareholders long-term gains. That's a recipe for sustained growth well into the future.","news_type":1},"isVote":1,"tweetType":1,"viewCount":321,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":317340771,"gmtCreate":1612421470693,"gmtModify":1704870929227,"author":{"id":"3574931817971549","authorId":"3574931817971549","name":"Cokiesmont","avatar":"https://community-static.tradeup.com/news/c1c00e6055a847cd842b847dadfb2858","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"Lolx","listText":"Lolx","text":"Lolx","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/317340771","repostId":"1151193085","repostType":4,"repost":{"id":"1151193085","pubTimestamp":1612410160,"share":"https://www.laohu8.com/m/news/1151193085?lang=&edition=full","pubTime":"2021-02-04 11:42","market":"us","language":"en","title":"Robinhood to allow buying fractional shares of GameStop, AMC","url":"https://stock-news.laohu8.com/highlight/detail?id=1151193085","media":"reuters","summary":"(Reuters) - Online brokerage app Robinhood, which is at the center of a Reddit-fueled rally in a han","content":"<p>(Reuters) - Online brokerage app Robinhood, which is at the center of a Reddit-fueled rally in a handful of stocks heavily shorted by hedge funds, said on Wednesday it would allow investors to buy fractional shares in GameStop Corp and AMC Entertainment Holdings Inc.</p>\n<p>The move allows buying parts of shares, often to encourage participation from smaller investors by reducing the size of the amount they have to bet.</p>\n<p>Robinhood’s website showed on Wednesday trading restrictions were placed only on GameStop and AMC’s stock, while restrictions on others had been lifted.</p>\n<p>Trading limit on GameStop’s shares was increased to 500 from 100. For AMC, the limit was set at 5,500 shares.</p>\n<p>Last week, Chief Executive Officer Vlad Tenev said the app had temporarily curbed some transactions because a clearinghouse had asked for $3 billion in collateral.</p>\n<p>The demand forced Robinhood to seek emergency funding from investors who poured in $2.4 billion on Monday, over and above the $1 billion the online brokerage raised last week.</p>\n<p>Clearinghouses are intermediaries which ensure the completion of a stock trade even if one side of the deal goes bust.</p>\n<p></p>\n<p></p>","source":"lsy1601381805984","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Robinhood to allow buying fractional shares of GameStop, AMC</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\">\nRobinhood to allow buying fractional shares of GameStop, AMC\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-04 11:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-retail-trading-robinhood/robinhood-to-allow-buying-fractional-shares-of-gamestop-amc-idUSKBN2A31ZR?il=0><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Online brokerage app Robinhood, which is at the center of a Reddit-fueled rally in a handful of stocks heavily shorted by hedge funds, said on Wednesday it would allow investors to buy ...</p>\n\n<a href=\"https://www.reuters.com/article/us-retail-trading-robinhood/robinhood-to-allow-buying-fractional-shares-of-gamestop-amc-idUSKBN2A31ZR?il=0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/15d9ea030358e2f5ed72a5a3cccffef1","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.reuters.com/article/us-retail-trading-robinhood/robinhood-to-allow-buying-fractional-shares-of-gamestop-amc-idUSKBN2A31ZR?il=0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151193085","content_text":"(Reuters) - Online brokerage app Robinhood, which is at the center of a Reddit-fueled rally in a handful of stocks heavily shorted by hedge funds, said on Wednesday it would allow investors to buy fractional shares in GameStop Corp and AMC Entertainment Holdings Inc.\nThe move allows buying parts of shares, often to encourage participation from smaller investors by reducing the size of the amount they have to bet.\nRobinhood’s website showed on Wednesday trading restrictions were placed only on GameStop and AMC’s stock, while restrictions on others had been lifted.\nTrading limit on GameStop’s shares was increased to 500 from 100. For AMC, the limit was set at 5,500 shares.\nLast week, Chief Executive Officer Vlad Tenev said the app had temporarily curbed some transactions because a clearinghouse had asked for $3 billion in collateral.\nThe demand forced Robinhood to seek emergency funding from investors who poured in $2.4 billion on Monday, over and above the $1 billion the online brokerage raised last week.\nClearinghouses are intermediaries which ensure the completion of a stock trade even if one side of the deal goes bust.","news_type":1},"isVote":1,"tweetType":1,"viewCount":554,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":312113476,"gmtCreate":1612063212095,"gmtModify":1704867083637,"author":{"id":"3574931817971549","authorId":"3574931817971549","name":"Cokiesmont","avatar":"https://community-static.tradeup.com/news/c1c00e6055a847cd842b847dadfb2858","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/312113476","repostId":"1181346723","repostType":4,"isVote":1,"tweetType":1,"viewCount":542,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":312110789,"gmtCreate":1612062948341,"gmtModify":1704867081525,"author":{"id":"3574931817971549","authorId":"3574931817971549","name":"Cokiesmont","avatar":"https://community-static.tradeup.com/news/c1c00e6055a847cd842b847dadfb2858","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"Best","listText":"Best","text":"Best","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/312110789","repostId":"1168785023","repostType":4,"isVote":1,"tweetType":1,"viewCount":321,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}