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2021-04-22

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2021-04-21

우아 ?

How a sweetheart deal gives GameStop CEO a $179 mln goodbye gift

2021-04-19

???? nice

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2021-04-19

Wow ?

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2021-04-15

$Chembio Diagnostics(CEMI)$?

2021-04-05

Hmm ? should I?

2021-04-05

??

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?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/378345729","repostId":"2129875328","repostType":4,"repost":{"id":"2129875328","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1619004087,"share":"https://ttm.financial/m/news/2129875328?lang=&edition=fundamental","pubTime":"2021-04-21 19:21","market":"us","language":"en","title":"How a sweetheart deal gives GameStop CEO a $179 mln goodbye gift","url":"https://stock-news.laohu8.com/highlight/detail?id=2129875328","media":"Reuters","summary":"April 21 (Reuters) - Gamestop Corp chief executive George Sherman can step down this summer with a $","content":"<p>April 21 (Reuters) - Gamestop Corp chief executive George Sherman can step down this summer with a $179 million windfall that dwarfs CEO salaries at many larger corporations thanks to a sweetheart deal that was turbocharged by this year's furious meme stock rally, compensation experts said.</p>\n<p>GameStop said on Monday that Sherman would step down by July 31. The struggling U.S. videogame retailer has been seeking a new leader to work on its e-commerce transition with chairman Ryan Cohen, the billionaire co-founder and former chief executive of online pet supplies retailer Chewy Inc.</p>\n<p>GameStop decoupled some of Sherman's pay from his performance last year in the early months of the COVID-19 pandemic and granted him stock when its shares were worth a tiny fraction of their current value, according to a Reuters review of security filings and interviews with compensation consultants.</p>\n<p>As a condition of his exit, GameStop is speeding up the time frame for Sherman to receive the shares, generating the award.</p>\n<p>Sherman, who has been CEO since April 2019, forfeited $98 million worth of stock this month because he did not meet performance targets, GameStop disclosed last week.</p>\n<p>Still, he stands to receive a stock payout currently worth $179 million because GameStop granted him more shares linked to his tenure at the company rather than to his performance as most companies do with their CEO, said Eric Hoffmann, a vice president at compensation consultant Farient Advisors LLC.</p>\n<p>\"Investors like awards that are performance-based, that have hard pre-established financial goals that the executives have to meet to earn, as opposed to time-based shares, where they just have to hang on to get them,\" Hoffmann said.</p>\n<p>A spokesman at Grapevine, Texas-based GameStop declined to comment. Sherman did not respond to requests for comment. Cohen, GameStop's largest shareholder with a 13% stake, could not be reached for comment.</p>\n<p>The value of Sherman's severance payout surpasses annual salaries given to many top U.S. CEOs. ViacomCBS Inc CEO Joseph Ianniello took home $112.9 million in realized pay in 2019, while JPMorgan Chase &amp; Co's Jamie Dimon's 2019 realized pay hit $107.8 million, according to the most recent tally by corporate governance data provider CGLytics.</p>\n<p>Other GameStop employees will not share in Sherman's windfall. The retailer has been shuttering hundreds of stores, according to securities disclosures.</p>\n<p>GameStop's shares closed at $158.53 on Tuesday, a stratospheric rise from around $5 last summer, when the company granted the bulk of the stock award to Sherman. They skyrocketed in January as individual traders on Reddit and other social media platforms snapped them up, squeezing short sellers.</p>\n<p>Reuters reported last year how some companies were shielding executives from the financial fallout of the pandemic by moving from performance-based to time-based payouts. They reasoned that the market disruption made it difficult to meet financial targets, and Sherman will benefit from that trend.</p>\n<p>Sherman, 59, has been credited internally with slashing costs and steering GameStop through the pandemic that put other retailers out of business, Reuters reported last week.</p>\n<p>But his 25 years of experience have been largely with brick-and-mortar retailers, such as <a href=\"https://laohu8.com/S/AAP\">Advance Auto Parts Inc</a>&nbsp;and Home Depot Inc. Cohen wants a top executive with skills better suited for GameStop's digital transformation, Reuters reported.</p>\n<p><b>VESTING OF SHARES</b></p>\n<p>GameStop granted Sherman roughly 925,000 shares last June that he was set to receive in thirds over three years, according to regulatory filings.</p>\n<p>He is set to receive them all at once upon his exit under terms of a \"transition agreement\" negotiated this month, as well as roughly 200,000 more shares that had not previously vested, the filings show. The filings do not disclose how GameStop's board decided on these awards.</p>\n<p>Sherman also stood to eventually receive 308,477 shares awarded last June that were tied to his performance, separate from the stock he forfeited last week. He agreed to forgo those performance-based shares as well, <a href=\"https://laohu8.com/S/AONE\">one</a> of the filings shows. It was not clear whether he would have met the performance targets.</p>\n<p>GameStop has said Sherman plans to remain on the board of directors without pay to help the next CEO transition into the role.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How a sweetheart deal gives GameStop CEO a $179 mln goodbye gift</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\">\nHow a sweetheart deal gives GameStop CEO a $179 mln goodbye gift\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-04-21 19:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>April 21 (Reuters) - Gamestop Corp chief executive George Sherman can step down this summer with a $179 million windfall that dwarfs CEO salaries at many larger corporations thanks to a sweetheart deal that was turbocharged by this year's furious meme stock rally, compensation experts said.</p>\n<p>GameStop said on Monday that Sherman would step down by July 31. The struggling U.S. videogame retailer has been seeking a new leader to work on its e-commerce transition with chairman Ryan Cohen, the billionaire co-founder and former chief executive of online pet supplies retailer Chewy Inc.</p>\n<p>GameStop decoupled some of Sherman's pay from his performance last year in the early months of the COVID-19 pandemic and granted him stock when its shares were worth a tiny fraction of their current value, according to a Reuters review of security filings and interviews with compensation consultants.</p>\n<p>As a condition of his exit, GameStop is speeding up the time frame for Sherman to receive the shares, generating the award.</p>\n<p>Sherman, who has been CEO since April 2019, forfeited $98 million worth of stock this month because he did not meet performance targets, GameStop disclosed last week.</p>\n<p>Still, he stands to receive a stock payout currently worth $179 million because GameStop granted him more shares linked to his tenure at the company rather than to his performance as most companies do with their CEO, said Eric Hoffmann, a vice president at compensation consultant Farient Advisors LLC.</p>\n<p>\"Investors like awards that are performance-based, that have hard pre-established financial goals that the executives have to meet to earn, as opposed to time-based shares, where they just have to hang on to get them,\" Hoffmann said.</p>\n<p>A spokesman at Grapevine, Texas-based GameStop declined to comment. Sherman did not respond to requests for comment. Cohen, GameStop's largest shareholder with a 13% stake, could not be reached for comment.</p>\n<p>The value of Sherman's severance payout surpasses annual salaries given to many top U.S. CEOs. ViacomCBS Inc CEO Joseph Ianniello took home $112.9 million in realized pay in 2019, while JPMorgan Chase &amp; Co's Jamie Dimon's 2019 realized pay hit $107.8 million, according to the most recent tally by corporate governance data provider CGLytics.</p>\n<p>Other GameStop employees will not share in Sherman's windfall. The retailer has been shuttering hundreds of stores, according to securities disclosures.</p>\n<p>GameStop's shares closed at $158.53 on Tuesday, a stratospheric rise from around $5 last summer, when the company granted the bulk of the stock award to Sherman. They skyrocketed in January as individual traders on Reddit and other social media platforms snapped them up, squeezing short sellers.</p>\n<p>Reuters reported last year how some companies were shielding executives from the financial fallout of the pandemic by moving from performance-based to time-based payouts. They reasoned that the market disruption made it difficult to meet financial targets, and Sherman will benefit from that trend.</p>\n<p>Sherman, 59, has been credited internally with slashing costs and steering GameStop through the pandemic that put other retailers out of business, Reuters reported last week.</p>\n<p>But his 25 years of experience have been largely with brick-and-mortar retailers, such as <a href=\"https://laohu8.com/S/AAP\">Advance Auto Parts Inc</a>&nbsp;and Home Depot Inc. Cohen wants a top executive with skills better suited for GameStop's digital transformation, Reuters reported.</p>\n<p><b>VESTING OF SHARES</b></p>\n<p>GameStop granted Sherman roughly 925,000 shares last June that he was set to receive in thirds over three years, according to regulatory filings.</p>\n<p>He is set to receive them all at once upon his exit under terms of a \"transition agreement\" negotiated this month, as well as roughly 200,000 more shares that had not previously vested, the filings show. The filings do not disclose how GameStop's board decided on these awards.</p>\n<p>Sherman also stood to eventually receive 308,477 shares awarded last June that were tied to his performance, separate from the stock he forfeited last week. He agreed to forgo those performance-based shares as well, <a href=\"https://laohu8.com/S/AONE\">one</a> of the filings shows. It was not clear whether he would have met the performance targets.</p>\n<p>GameStop has said Sherman plans to remain on the board of directors without pay to help the next CEO transition into the role.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站","CHWY":"Chewy, Inc.","HD":"家得宝","JPM":"摩根大通","AAPL":"苹果","AAP":"Advance Auto Parts Inc"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129875328","content_text":"April 21 (Reuters) - Gamestop Corp chief executive George Sherman can step down this summer with a $179 million windfall that dwarfs CEO salaries at many larger corporations thanks to a sweetheart deal that was turbocharged by this year's furious meme stock rally, compensation experts said.\nGameStop said on Monday that Sherman would step down by July 31. The struggling U.S. videogame retailer has been seeking a new leader to work on its e-commerce transition with chairman Ryan Cohen, the billionaire co-founder and former chief executive of online pet supplies retailer Chewy Inc.\nGameStop decoupled some of Sherman's pay from his performance last year in the early months of the COVID-19 pandemic and granted him stock when its shares were worth a tiny fraction of their current value, according to a Reuters review of security filings and interviews with compensation consultants.\nAs a condition of his exit, GameStop is speeding up the time frame for Sherman to receive the shares, generating the award.\nSherman, who has been CEO since April 2019, forfeited $98 million worth of stock this month because he did not meet performance targets, GameStop disclosed last week.\nStill, he stands to receive a stock payout currently worth $179 million because GameStop granted him more shares linked to his tenure at the company rather than to his performance as most companies do with their CEO, said Eric Hoffmann, a vice president at compensation consultant Farient Advisors LLC.\n\"Investors like awards that are performance-based, that have hard pre-established financial goals that the executives have to meet to earn, as opposed to time-based shares, where they just have to hang on to get them,\" Hoffmann said.\nA spokesman at Grapevine, Texas-based GameStop declined to comment. Sherman did not respond to requests for comment. Cohen, GameStop's largest shareholder with a 13% stake, could not be reached for comment.\nThe value of Sherman's severance payout surpasses annual salaries given to many top U.S. CEOs. ViacomCBS Inc CEO Joseph Ianniello took home $112.9 million in realized pay in 2019, while JPMorgan Chase & Co's Jamie Dimon's 2019 realized pay hit $107.8 million, according to the most recent tally by corporate governance data provider CGLytics.\nOther GameStop employees will not share in Sherman's windfall. The retailer has been shuttering hundreds of stores, according to securities disclosures.\nGameStop's shares closed at $158.53 on Tuesday, a stratospheric rise from around $5 last summer, when the company granted the bulk of the stock award to Sherman. They skyrocketed in January as individual traders on Reddit and other social media platforms snapped them up, squeezing short sellers.\nReuters reported last year how some companies were shielding executives from the financial fallout of the pandemic by moving from performance-based to time-based payouts. They reasoned that the market disruption made it difficult to meet financial targets, and Sherman will benefit from that trend.\nSherman, 59, has been credited internally with slashing costs and steering GameStop through the pandemic that put other retailers out of business, Reuters reported last week.\nBut his 25 years of experience have been largely with brick-and-mortar retailers, such as Advance Auto Parts Inc and Home Depot Inc. Cohen wants a top executive with skills better suited for GameStop's digital transformation, Reuters reported.\nVESTING OF SHARES\nGameStop granted Sherman roughly 925,000 shares last June that he was set to receive in thirds over three years, according to regulatory filings.\nHe is set to receive them all at once upon his exit under terms of a \"transition agreement\" negotiated this month, as well as roughly 200,000 more shares that had not previously vested, the filings show. The filings do not disclose how GameStop's board decided on these awards.\nSherman also stood to eventually receive 308,477 shares awarded last June that were tied to his performance, separate from the stock he forfeited last week. He agreed to forgo those performance-based shares as well, one of the filings shows. It was not clear whether he would have met the performance targets.\nGameStop has said Sherman plans to remain on the board of directors without pay to help the next CEO transition into the role.","news_type":1},"isVote":1,"tweetType":1,"viewCount":194,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373119421,"gmtCreate":1618830342863,"gmtModify":1704715477355,"author":{"id":"3575184171862540","authorId":"3575184171862540","name":"jerial","avatar":"https://static.tigerbbs.com/9d2533b4f5dd1670d1c163615a6577fe","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575184171862540","authorIdStr":"3575184171862540"},"themes":[],"htmlText":"???? nice&nbsp;","listText":"???? nice&nbsp;","text":"???? nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/373119421","repostId":"1130761594","repostType":4,"isVote":1,"tweetType":1,"viewCount":274,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373119263,"gmtCreate":1618830321252,"gmtModify":1704715476541,"author":{"id":"3575184171862540","authorId":"3575184171862540","name":"jerial","avatar":"https://static.tigerbbs.com/9d2533b4f5dd1670d1c163615a6577fe","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575184171862540","authorIdStr":"3575184171862540"},"themes":[],"htmlText":"Wow ?&nbsp;","listText":"Wow ?&nbsp;","text":"Wow ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/373119263","repostId":"1130761594","repostType":4,"isVote":1,"tweetType":1,"viewCount":172,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347206342,"gmtCreate":1618495576886,"gmtModify":1704711762125,"author":{"id":"3575184171862540","authorId":"3575184171862540","name":"jerial","avatar":"https://static.tigerbbs.com/9d2533b4f5dd1670d1c163615a6577fe","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575184171862540","authorIdStr":"3575184171862540"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CEMI\">$Chembio Diagnostics(CEMI)$</a>?","listText":"<a href=\"https://laohu8.com/S/CEMI\">$Chembio Diagnostics(CEMI)$</a>?","text":"$Chembio Diagnostics(CEMI)$?","images":[{"img":"https://static.tigerbbs.com/70a8e5a92067fba0e7de7c4462f8ccad","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347206342","isVote":1,"tweetType":1,"viewCount":215,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":349712541,"gmtCreate":1617638020883,"gmtModify":1704701271757,"author":{"id":"3575184171862540","authorId":"3575184171862540","name":"jerial","avatar":"https://static.tigerbbs.com/9d2533b4f5dd1670d1c163615a6577fe","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575184171862540","authorIdStr":"3575184171862540"},"themes":[],"htmlText":"Hmm ? should I?","listText":"Hmm ? should I?","text":"Hmm ? should I?","images":[{"img":"https://static.tigerbbs.com/0961ed8938cb92e20987fa07b49726b2","width":"1125","height":"3600"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/349712541","isVote":1,"tweetType":1,"viewCount":283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":349711851,"gmtCreate":1617637709373,"gmtModify":1704701268361,"author":{"id":"3575184171862540","authorId":"3575184171862540","name":"jerial","avatar":"https://static.tigerbbs.com/9d2533b4f5dd1670d1c163615a6577fe","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575184171862540","authorIdStr":"3575184171862540"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/349711851","repostId":"1167453696","repostType":4,"isVote":1,"tweetType":1,"viewCount":77,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":373119421,"gmtCreate":1618830342863,"gmtModify":1704715477355,"author":{"id":"3575184171862540","authorId":"3575184171862540","name":"jerial","avatar":"https://static.tigerbbs.com/9d2533b4f5dd1670d1c163615a6577fe","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575184171862540","idStr":"3575184171862540"},"themes":[],"htmlText":"???? nice&nbsp;","listText":"???? nice&nbsp;","text":"???? nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/373119421","repostId":"1130761594","repostType":4,"isVote":1,"tweetType":1,"viewCount":274,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347206342,"gmtCreate":1618495576886,"gmtModify":1704711762125,"author":{"id":"3575184171862540","authorId":"3575184171862540","name":"jerial","avatar":"https://static.tigerbbs.com/9d2533b4f5dd1670d1c163615a6577fe","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575184171862540","idStr":"3575184171862540"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CEMI\">$Chembio Diagnostics(CEMI)$</a>?","listText":"<a href=\"https://laohu8.com/S/CEMI\">$Chembio Diagnostics(CEMI)$</a>?","text":"$Chembio Diagnostics(CEMI)$?","images":[{"img":"https://static.tigerbbs.com/70a8e5a92067fba0e7de7c4462f8ccad","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347206342","isVote":1,"tweetType":1,"viewCount":215,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":378641877,"gmtCreate":1619032413199,"gmtModify":1704718562474,"author":{"id":"3575184171862540","authorId":"3575184171862540","name":"jerial","avatar":"https://static.tigerbbs.com/9d2533b4f5dd1670d1c163615a6577fe","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575184171862540","idStr":"3575184171862540"},"themes":[],"htmlText":"No new shows","listText":"No new shows","text":"No new shows","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/378641877","repostId":"2129187781","repostType":4,"repost":{"id":"2129187781","pubTimestamp":1619015700,"share":"https://ttm.financial/m/news/2129187781?lang=&edition=fundamental","pubTime":"2021-04-21 22:35","market":"us","language":"en","title":"Why Netflix Stock Was Sliding Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2129187781","media":"Motley Fool","summary":"Weak subscriber growth spooked investors.","content":"<h2>What happened</h2><p>Shares of&nbsp;<b>Netflix&nbsp;</b>(NASDAQ:NFLX) were getting a thumbs down from investors today after the streaming giant reported underwhelming subscriber growth in its first quarter and indicated that subscriber additions would be even weaker in the second quarter.</p><p>As of 9:44 a.m. EDT, the stock was down 7%.</p><p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F622280%2Fnetflix-hollywood-mural.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"467\"><span>Image source: Netflix.</span></p><h2>So what</h2><p>Netflix added just 4 million net new subscribers in the first quarter, its worst first quarter in at least six years. The result was also less than the 6 million subscriber additions that the company had forecast, and it projected only 1 million new subscribers in the second quarter, which would be the worst quarter of growth in its history as a streaming company. Management blamed a slowdown in new titles on production delays from the pandemic and also noted the pull-forward effect of the health crisis as it added 26 million new subs in the first half of 2020 as global lockdowns sparked strong demand for streaming entertainment.</p><p>Elsewhere, Netflix's numbers were strong, but subscriber growth is the most closely watched figure as investors see that as the best reflection of the company's long-term growth potential.</p><p>Revenue rose 24.2% to $7.16 billion, boosted by a recent price hike in the U.S., which was ahead of the company's own guidance at $7.13 billion. Operating income doubled to $1.96 billion as profits benefited from the delay in new content. Earnings per share jumped from $1.57 to $3.75, helped by a $253 million gain on debt, which was well ahead of the consensus at $2.97.</p><h2>Now what</h2><p>It's clear why the stock is down. Investors are understandably disappointed by the weak second-quarter guidance and lower-than-expected growth in the first quarter. However, management was confident that subscriber growth would return in the second half of the year when a \"very strong\" content slate will include new season of hit shows like <i>Sex Education</i>, <i>The Witcher</i>, and&nbsp;<i>La Casa de Papel.&nbsp;</i>It also said that churn was lower than a year ago, showing longtime customers are remaining loyal to the service.</p><p>Netflix's subscriber growth has historically been volatile and it's not unusual for the company to miss its guidance. One quarter like this is not a reason to sell the stock, especially as it remains the clear leader in the streaming industry.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Netflix Stock Was Sliding Today</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\">\nWhy Netflix Stock Was Sliding Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-21 22:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/21/why-netflix-stock-was-sliding-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedShares of Netflix (NASDAQ:NFLX) were getting a thumbs down from investors today after the streaming giant reported underwhelming subscriber growth in its first quarter and indicated that ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/21/why-netflix-stock-was-sliding-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","NFLX":"奈飞"},"source_url":"https://www.fool.com/investing/2021/04/21/why-netflix-stock-was-sliding-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129187781","content_text":"What happenedShares of Netflix (NASDAQ:NFLX) were getting a thumbs down from investors today after the streaming giant reported underwhelming subscriber growth in its first quarter and indicated that subscriber additions would be even weaker in the second quarter.As of 9:44 a.m. EDT, the stock was down 7%.Image source: Netflix.So whatNetflix added just 4 million net new subscribers in the first quarter, its worst first quarter in at least six years. The result was also less than the 6 million subscriber additions that the company had forecast, and it projected only 1 million new subscribers in the second quarter, which would be the worst quarter of growth in its history as a streaming company. Management blamed a slowdown in new titles on production delays from the pandemic and also noted the pull-forward effect of the health crisis as it added 26 million new subs in the first half of 2020 as global lockdowns sparked strong demand for streaming entertainment.Elsewhere, Netflix's numbers were strong, but subscriber growth is the most closely watched figure as investors see that as the best reflection of the company's long-term growth potential.Revenue rose 24.2% to $7.16 billion, boosted by a recent price hike in the U.S., which was ahead of the company's own guidance at $7.13 billion. Operating income doubled to $1.96 billion as profits benefited from the delay in new content. Earnings per share jumped from $1.57 to $3.75, helped by a $253 million gain on debt, which was well ahead of the consensus at $2.97.Now whatIt's clear why the stock is down. Investors are understandably disappointed by the weak second-quarter guidance and lower-than-expected growth in the first quarter. However, management was confident that subscriber growth would return in the second half of the year when a \"very strong\" content slate will include new season of hit shows like Sex Education, The Witcher, and La Casa de Papel. It also said that churn was lower than a year ago, showing longtime customers are remaining loyal to the service.Netflix's subscriber growth has historically been volatile and it's not unusual for the company to miss its guidance. One quarter like this is not a reason to sell the stock, especially as it remains the clear leader in the streaming industry.","news_type":1},"isVote":1,"tweetType":1,"viewCount":302,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":378345729,"gmtCreate":1619006104061,"gmtModify":1704718162745,"author":{"id":"3575184171862540","authorId":"3575184171862540","name":"jerial","avatar":"https://static.tigerbbs.com/9d2533b4f5dd1670d1c163615a6577fe","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575184171862540","idStr":"3575184171862540"},"themes":[],"htmlText":"우아 ?","listText":"우아 ?","text":"우아 ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/378345729","repostId":"2129875328","repostType":4,"isVote":1,"tweetType":1,"viewCount":194,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373119263,"gmtCreate":1618830321252,"gmtModify":1704715476541,"author":{"id":"3575184171862540","authorId":"3575184171862540","name":"jerial","avatar":"https://static.tigerbbs.com/9d2533b4f5dd1670d1c163615a6577fe","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575184171862540","idStr":"3575184171862540"},"themes":[],"htmlText":"Wow ?&nbsp;","listText":"Wow ?&nbsp;","text":"Wow ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/373119263","repostId":"1130761594","repostType":4,"repost":{"id":"1130761594","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":1618829948,"share":"https://ttm.financial/m/news/1130761594?lang=&edition=fundamental","pubTime":"2021-04-19 18:59","market":"us","language":"en","title":"Coca-Cola Q1 EPS $0.52 Beats $0.50 Estimate, Sales $9.00B Beat $8.61B Estimate","url":"https://stock-news.laohu8.com/highlight/detail?id=1130761594","media":"Tiger Newspress","summary":"Coca-Cola (NYSE:KO) reported quarterly earnings of $0.52 per share which beat the analyst consensus ","content":"<p>Coca-Cola (NYSE:KO) reported quarterly earnings of $0.52 per share which beat the analyst consensus estimate of $0.50 by 4 percent. This is a 1.96 percent increase over earnings of $0.51 per share from the same period last year. The company reported quarterly sales of $9.00 billion which beat the analyst consensus estimate of $8.61 billion by 4.53 percent. This is a 4.64 percent increase over sales of $8.60 billion the same period last year.</p><p>Coca-Cola&nbsp;climbed&nbsp;0.61%&nbsp;in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/4658fe2d745e09a8000eceaa4876d373\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p><p><b>Highlights</b></p><p><b>Quarterly Performance</b></p><ul><li><b>Revenues:</b>Net revenues grew 5% to $9.0 billion, and organic revenues (non-GAAP) grew 6%. This was driven by 5% growth in concentrate sales, while price/mix grew 1%. The quarter included five additional days, which resulted in an approximate 6-point benefit to revenue growth.</li><li><b>Margin:</b>Operating margin, which included items impacting comparability, was 30.2% versus 27.7% in the prior year, while comparable operating margin (non-GAAP) was 31.0% versus 30.7% in the prior year. Operating margin expansion was primarily driven by effective cost management, partially offset by currency headwinds.</li><li><b>Earnings per share:</b>EPS declined 19% to $0.52, and comparable EPS (non-GAAP) grew 8% to $0.55. Comparable EPS (non-GAAP) growth included the impact of a 2-point currency headwind.</li><li><b>Market share:</b>The company lost value share in total nonalcoholic ready-to-drink (NARTD) beverages as an underlying share gain in both at-home and away-from-home channels was more than offset by negative channel mix due to continued pressure in away-from-home channels, where the company has a strong share position.</li><li><b>Cash flow:</b>Cash from operations was $1.6 billion, up $1.1 billion versus the prior year, driven by positive business performance, five additional days in the quarter and working capital initiatives. Free cash flow (non-GAAP) was $1.4 billion, up $1.2 billion versus the prior year, primarily driven by cash from operations along with lower capital expenditures versus the prior year.</li></ul><p><b>Company Updates</b></p><ul><li><b>Business environment update:</b>Global unit case volume trends remain closely linked to consumer mobility, driven by vaccination rates in different markets and related improvements in away-from-home channels. Through the first quarter, volume trends steadily improved each month, driven by recovery in markets where coronavirus-related uncertainty has abated. The path to recovery, however, remains asynchronous around the world. March volume was back to 2019 levels, with growth in at-home channels being offset by pressure in away-from-home channels. Solid growth in Trademark Coca-Cola, sparkling flavors and the nutrition, juice, dairy and plant-based beverages category was offset by pressure in the hydration category during the quarter.</li><li><b>Driving consumer-centric innovation through scaled brands:</b>The company launched new products across several categories, leveraging loved brands to drive scale and impact. In the United States, the company launched smartwater®+, a lineup of infused hydration options featuring unique ingredient pairings and flavor extracts tailored for specific wellness occasions. Three smartwater®+ variants – smartwater®+ clarity, smartwater®+ tranquility and smartwater®+ renew – deliver unique hydration experiences and will be supported by a 360-degree marketing campaign. This rollout is the latest addition to the company’s portfolio of premium beverages across key markets. After initial success in international markets, the company launched Coca-Cola® with Coffee and Coca-Cola® with Coffee Zero Sugar in the United States to give consumers a refreshing and reinvigorating reset to their daily routine. This innovation exemplifies the company’s lift-and-shift strategy to scale successful beverage innovations to new markets, with the United States becoming the 50thmarket to launch the product. Additionally, Topo Chico™ Hard Seltzer continued its expansion in Latin America and Europe and was recently launched in key markets in the United States under an agreement with Molson Coors Beverage Co.</li><li><b>Aligned bottling system investing for growth:</b>The company continues to focus on strengthening bottling partnerships and bottler alignment as the system enters the recovery phase. Seamless system connectivity is helping the company maintain local relevance while benefiting from global scale. In line with its objective of focusing its resources on building consumer-loved brands and on innovation, the company announced in a separate Form 8-K filing with the Securities and Exchange Commission today that it plans to list Coca-Cola Beverages Africa (CCBA) as a publicly traded bottler and intends to sell a portion of its holdings in CCBA via an initial public offering. This demonstrates a commitment by the company for CCBA to remain Africa-focused and South Africa-headquartered. For more information, please refer to the press release section of the company’s website.</li><li><b>Progress against long-term sustainability goals and creating business value:</b>Environmental, social and governance (ESG) goals remain core to the company’s business and are embedded in its operations. The company delivered on its decade-long drive to enable the economic empowerment of 5 million women entrepreneurs through the 5by20 initiative. The program has reached more than 6 million women entrepreneurs, providing business-skills training, financial services, peer networks, mentoring and other resources. In addition, building on its water stewardship leadership, the company recently announced a holistic strategy to achieve water security where the company operates by 2030. The strategic framework focuses on three priorities: reducing shared water challenges around the world; enhancing community water and sanitation access with a focus on women and girls; and improving the health of priority watersheds. A full update of the company’s ESG priorities will be published April 20 in the 2020 Business &amp; ESG Report, reflecting a continued journey toward driving sustainable business practices.</li></ul><p><img src=\"https://static.tigerbbs.com/69bdae91a25a77d7cc5821baf1be3f06\" tg-width=\"1318\" tg-height=\"545\"><img src=\"https://static.tigerbbs.com/973f21126d532de43949c5f7483c30b6\" tg-width=\"1314\" tg-height=\"382\"><img src=\"https://static.tigerbbs.com/a9d7bbf9724d8ec5240f7b5a8adc1a9a\" tg-width=\"1101\" tg-height=\"469\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Coca-Cola Q1 EPS $0.52 Beats $0.50 Estimate, Sales $9.00B Beat $8.61B Estimate</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\">\nCoca-Cola Q1 EPS $0.52 Beats $0.50 Estimate, Sales $9.00B Beat $8.61B Estimate\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-19 18:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Coca-Cola (NYSE:KO) reported quarterly earnings of $0.52 per share which beat the analyst consensus estimate of $0.50 by 4 percent. This is a 1.96 percent increase over earnings of $0.51 per share from the same period last year. The company reported quarterly sales of $9.00 billion which beat the analyst consensus estimate of $8.61 billion by 4.53 percent. This is a 4.64 percent increase over sales of $8.60 billion the same period last year.</p><p>Coca-Cola&nbsp;climbed&nbsp;0.61%&nbsp;in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/4658fe2d745e09a8000eceaa4876d373\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p><p><b>Highlights</b></p><p><b>Quarterly Performance</b></p><ul><li><b>Revenues:</b>Net revenues grew 5% to $9.0 billion, and organic revenues (non-GAAP) grew 6%. This was driven by 5% growth in concentrate sales, while price/mix grew 1%. The quarter included five additional days, which resulted in an approximate 6-point benefit to revenue growth.</li><li><b>Margin:</b>Operating margin, which included items impacting comparability, was 30.2% versus 27.7% in the prior year, while comparable operating margin (non-GAAP) was 31.0% versus 30.7% in the prior year. Operating margin expansion was primarily driven by effective cost management, partially offset by currency headwinds.</li><li><b>Earnings per share:</b>EPS declined 19% to $0.52, and comparable EPS (non-GAAP) grew 8% to $0.55. Comparable EPS (non-GAAP) growth included the impact of a 2-point currency headwind.</li><li><b>Market share:</b>The company lost value share in total nonalcoholic ready-to-drink (NARTD) beverages as an underlying share gain in both at-home and away-from-home channels was more than offset by negative channel mix due to continued pressure in away-from-home channels, where the company has a strong share position.</li><li><b>Cash flow:</b>Cash from operations was $1.6 billion, up $1.1 billion versus the prior year, driven by positive business performance, five additional days in the quarter and working capital initiatives. Free cash flow (non-GAAP) was $1.4 billion, up $1.2 billion versus the prior year, primarily driven by cash from operations along with lower capital expenditures versus the prior year.</li></ul><p><b>Company Updates</b></p><ul><li><b>Business environment update:</b>Global unit case volume trends remain closely linked to consumer mobility, driven by vaccination rates in different markets and related improvements in away-from-home channels. Through the first quarter, volume trends steadily improved each month, driven by recovery in markets where coronavirus-related uncertainty has abated. The path to recovery, however, remains asynchronous around the world. March volume was back to 2019 levels, with growth in at-home channels being offset by pressure in away-from-home channels. Solid growth in Trademark Coca-Cola, sparkling flavors and the nutrition, juice, dairy and plant-based beverages category was offset by pressure in the hydration category during the quarter.</li><li><b>Driving consumer-centric innovation through scaled brands:</b>The company launched new products across several categories, leveraging loved brands to drive scale and impact. In the United States, the company launched smartwater®+, a lineup of infused hydration options featuring unique ingredient pairings and flavor extracts tailored for specific wellness occasions. Three smartwater®+ variants – smartwater®+ clarity, smartwater®+ tranquility and smartwater®+ renew – deliver unique hydration experiences and will be supported by a 360-degree marketing campaign. This rollout is the latest addition to the company’s portfolio of premium beverages across key markets. After initial success in international markets, the company launched Coca-Cola® with Coffee and Coca-Cola® with Coffee Zero Sugar in the United States to give consumers a refreshing and reinvigorating reset to their daily routine. This innovation exemplifies the company’s lift-and-shift strategy to scale successful beverage innovations to new markets, with the United States becoming the 50thmarket to launch the product. Additionally, Topo Chico™ Hard Seltzer continued its expansion in Latin America and Europe and was recently launched in key markets in the United States under an agreement with Molson Coors Beverage Co.</li><li><b>Aligned bottling system investing for growth:</b>The company continues to focus on strengthening bottling partnerships and bottler alignment as the system enters the recovery phase. Seamless system connectivity is helping the company maintain local relevance while benefiting from global scale. In line with its objective of focusing its resources on building consumer-loved brands and on innovation, the company announced in a separate Form 8-K filing with the Securities and Exchange Commission today that it plans to list Coca-Cola Beverages Africa (CCBA) as a publicly traded bottler and intends to sell a portion of its holdings in CCBA via an initial public offering. This demonstrates a commitment by the company for CCBA to remain Africa-focused and South Africa-headquartered. For more information, please refer to the press release section of the company’s website.</li><li><b>Progress against long-term sustainability goals and creating business value:</b>Environmental, social and governance (ESG) goals remain core to the company’s business and are embedded in its operations. The company delivered on its decade-long drive to enable the economic empowerment of 5 million women entrepreneurs through the 5by20 initiative. The program has reached more than 6 million women entrepreneurs, providing business-skills training, financial services, peer networks, mentoring and other resources. In addition, building on its water stewardship leadership, the company recently announced a holistic strategy to achieve water security where the company operates by 2030. The strategic framework focuses on three priorities: reducing shared water challenges around the world; enhancing community water and sanitation access with a focus on women and girls; and improving the health of priority watersheds. A full update of the company’s ESG priorities will be published April 20 in the 2020 Business &amp; ESG Report, reflecting a continued journey toward driving sustainable business practices.</li></ul><p><img src=\"https://static.tigerbbs.com/69bdae91a25a77d7cc5821baf1be3f06\" tg-width=\"1318\" tg-height=\"545\"><img src=\"https://static.tigerbbs.com/973f21126d532de43949c5f7483c30b6\" tg-width=\"1314\" tg-height=\"382\"><img src=\"https://static.tigerbbs.com/a9d7bbf9724d8ec5240f7b5a8adc1a9a\" tg-width=\"1101\" tg-height=\"469\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KO":"可口可乐"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130761594","content_text":"Coca-Cola (NYSE:KO) reported quarterly earnings of $0.52 per share which beat the analyst consensus estimate of $0.50 by 4 percent. This is a 1.96 percent increase over earnings of $0.51 per share from the same period last year. The company reported quarterly sales of $9.00 billion which beat the analyst consensus estimate of $8.61 billion by 4.53 percent. This is a 4.64 percent increase over sales of $8.60 billion the same period last year.Coca-Cola climbed 0.61% in premarket trading.HighlightsQuarterly PerformanceRevenues:Net revenues grew 5% to $9.0 billion, and organic revenues (non-GAAP) grew 6%. This was driven by 5% growth in concentrate sales, while price/mix grew 1%. The quarter included five additional days, which resulted in an approximate 6-point benefit to revenue growth.Margin:Operating margin, which included items impacting comparability, was 30.2% versus 27.7% in the prior year, while comparable operating margin (non-GAAP) was 31.0% versus 30.7% in the prior year. Operating margin expansion was primarily driven by effective cost management, partially offset by currency headwinds.Earnings per share:EPS declined 19% to $0.52, and comparable EPS (non-GAAP) grew 8% to $0.55. Comparable EPS (non-GAAP) growth included the impact of a 2-point currency headwind.Market share:The company lost value share in total nonalcoholic ready-to-drink (NARTD) beverages as an underlying share gain in both at-home and away-from-home channels was more than offset by negative channel mix due to continued pressure in away-from-home channels, where the company has a strong share position.Cash flow:Cash from operations was $1.6 billion, up $1.1 billion versus the prior year, driven by positive business performance, five additional days in the quarter and working capital initiatives. Free cash flow (non-GAAP) was $1.4 billion, up $1.2 billion versus the prior year, primarily driven by cash from operations along with lower capital expenditures versus the prior year.Company UpdatesBusiness environment update:Global unit case volume trends remain closely linked to consumer mobility, driven by vaccination rates in different markets and related improvements in away-from-home channels. Through the first quarter, volume trends steadily improved each month, driven by recovery in markets where coronavirus-related uncertainty has abated. The path to recovery, however, remains asynchronous around the world. March volume was back to 2019 levels, with growth in at-home channels being offset by pressure in away-from-home channels. Solid growth in Trademark Coca-Cola, sparkling flavors and the nutrition, juice, dairy and plant-based beverages category was offset by pressure in the hydration category during the quarter.Driving consumer-centric innovation through scaled brands:The company launched new products across several categories, leveraging loved brands to drive scale and impact. In the United States, the company launched smartwater®+, a lineup of infused hydration options featuring unique ingredient pairings and flavor extracts tailored for specific wellness occasions. Three smartwater®+ variants – smartwater®+ clarity, smartwater®+ tranquility and smartwater®+ renew – deliver unique hydration experiences and will be supported by a 360-degree marketing campaign. This rollout is the latest addition to the company’s portfolio of premium beverages across key markets. After initial success in international markets, the company launched Coca-Cola® with Coffee and Coca-Cola® with Coffee Zero Sugar in the United States to give consumers a refreshing and reinvigorating reset to their daily routine. This innovation exemplifies the company’s lift-and-shift strategy to scale successful beverage innovations to new markets, with the United States becoming the 50thmarket to launch the product. Additionally, Topo Chico™ Hard Seltzer continued its expansion in Latin America and Europe and was recently launched in key markets in the United States under an agreement with Molson Coors Beverage Co.Aligned bottling system investing for growth:The company continues to focus on strengthening bottling partnerships and bottler alignment as the system enters the recovery phase. Seamless system connectivity is helping the company maintain local relevance while benefiting from global scale. In line with its objective of focusing its resources on building consumer-loved brands and on innovation, the company announced in a separate Form 8-K filing with the Securities and Exchange Commission today that it plans to list Coca-Cola Beverages Africa (CCBA) as a publicly traded bottler and intends to sell a portion of its holdings in CCBA via an initial public offering. This demonstrates a commitment by the company for CCBA to remain Africa-focused and South Africa-headquartered. For more information, please refer to the press release section of the company’s website.Progress against long-term sustainability goals and creating business value:Environmental, social and governance (ESG) goals remain core to the company’s business and are embedded in its operations. The company delivered on its decade-long drive to enable the economic empowerment of 5 million women entrepreneurs through the 5by20 initiative. The program has reached more than 6 million women entrepreneurs, providing business-skills training, financial services, peer networks, mentoring and other resources. In addition, building on its water stewardship leadership, the company recently announced a holistic strategy to achieve water security where the company operates by 2030. The strategic framework focuses on three priorities: reducing shared water challenges around the world; enhancing community water and sanitation access with a focus on women and girls; and improving the health of priority watersheds. A full update of the company’s ESG priorities will be published April 20 in the 2020 Business & ESG Report, reflecting a continued journey toward driving sustainable business practices.","news_type":1},"isVote":1,"tweetType":1,"viewCount":172,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349712541,"gmtCreate":1617638020883,"gmtModify":1704701271757,"author":{"id":"3575184171862540","authorId":"3575184171862540","name":"jerial","avatar":"https://static.tigerbbs.com/9d2533b4f5dd1670d1c163615a6577fe","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575184171862540","idStr":"3575184171862540"},"themes":[],"htmlText":"Hmm ? should I?","listText":"Hmm ? should I?","text":"Hmm ? should I?","images":[{"img":"https://static.tigerbbs.com/0961ed8938cb92e20987fa07b49726b2","width":"1125","height":"3600"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/349712541","isVote":1,"tweetType":1,"viewCount":283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":349711851,"gmtCreate":1617637709373,"gmtModify":1704701268361,"author":{"id":"3575184171862540","authorId":"3575184171862540","name":"jerial","avatar":"https://static.tigerbbs.com/9d2533b4f5dd1670d1c163615a6577fe","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575184171862540","idStr":"3575184171862540"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/349711851","repostId":"1167453696","repostType":4,"repost":{"id":"1167453696","pubTimestamp":1617635757,"share":"https://ttm.financial/m/news/1167453696?lang=&edition=fundamental","pubTime":"2021-04-05 23:15","market":"fut","language":"en","title":"Bitcoin Is Going Mainstream. What Investors Need to Know.","url":"https://stock-news.laohu8.com/highlight/detail?id=1167453696","media":"Barrons","summary":"Bitcoin is either a massive bubble or the digital currency of the future.\nThe reality is likely some","content":"<p>Bitcoin is either a massive bubble or the digital currency of the future.</p>\n<p>The reality is likely somewhere in the middle. Either way, the cryptocurrency is working itself into the mainstream financial world, achieving the scale and critical mass that may make it increasingly difficult to dislodge or restrain.</p>\n<p>With its market value hovering around $1 trillion, Bitcoin (BTC) has become too large and influential to remain on the financial fringes. Wall Street is pumping out reports on cryptos. Piper Sandler issued a 30-page report on Thursday, noting that the “crypto-economy could be entering a pivotal point in its development/lifecycle.”</p>\n<p>Coinbase Global, the largest U.S. crypto exchange and custodian, says it plans to go public on April 14 in what may be the largest tech IPO since&nbsp;Facebook(ticker: FB) in 2012. Private valuations peg Coinbase at $68 billion. The firm custodies an estimated $90 billion in crypto assets on its platform. It had revenue of $1.3 billion in 2020 and profits of $322 million, according to a regulatory filing.</p>\n<p>Fintechs see Bitcoin and other cryptos as a vast new market for payments and transaction services.Visasays it plans to settle transactions in a “stablecoin,” USD Coin (USDC). About $10 billion of USDC is now circulating, according to Visa, which sees it used for everything from buying a cup of coffee to cross-border payments, trade settlements, or foreign money transfers. Stablecoins are like digital dollars, pegged in value to the buck.</p>\n<p>Other votes of confidence in Bitcoin are coming fromTesla(TSLA),PayPal Holdings(PYPL) andSquare(SQ), all of which are now offering ways to transact in Bitcoin or other cryptos.</p>\n<p>And there are expanding ways to invest, including derivatives, stocks and holding companies like the&nbsp;Grayscale Bitcoin Trust&nbsp;(GBTC). Fund sponsors are also angling to launch a U.S.-listed exchange-traded fund (catching up to Canada, where&nbsp;Bitcoin ETFs recently started trading).</p>\n<p>U.S. fund sponsors filing for approvals recently include Fidelity Investments, VanEck,WisdomTree Investments(WETF), SkyBridge Capital, Valkyrie Digital Assets, and NYDIG Asset Management, according to Piper Sandler.</p>\n<p>The Securities and Exchange Commission has so far declined to approve a Bitcoin ETF, citing concerns about volatility, price transparency, and market manipulation. However, the Biden Administration’s nominee for SEC chairman, Gary Gensler, may take a friendlier approach. Gensler previously ran the Commodity Futures Trading Commission and has studied cryptos extensively. “This is good news for the digital assets industry,” wrote Jeff Bandman, a former CFTC official in aposton CoinDesk.</p>\n<p>As Bitcoin becomes entrenched, it may only get harder for regulators to restrain. Its growing acceptance as an alternative investment or transaction currency is far outpacing regulatory controls. That, in turn, could improve the investment case for owning it, according to Piper Sandler.</p>\n<p>“Many investors view this scale as a safeguard against potentially overbearing regulations from governments in the developed world,” Piper says. Investing in Bitcoin, the firm adds, is a “quasi call option for both individuals and institutions on this new and potentially disruptive technology.”</p>\n<p>Some economists also view Bitcoin’s rising clout as a means of keeping regulators at bay.</p>\n<p>“My read on the last six to 12 months is that as influential investors come in, it puts pressure on regulators not to do anything,” says Harvard economist Kenneth Rogoff, who doesn’t expect regulators to sit on their hands forever.</p>\n<p>Bitcoin and other crytpos are regulated by various federal agencies and states, but they aren’t entirely clear or consistent. The IRS classifies cryptos as property, for instance, subjecting it to capital-gains tax. The CFTC said in 2015 that virtual currencies should be “properly defined as commodities.” Banks, for their part, are now allowed to custody cryptos, conduct banking in stablecoins, and participate in blockchain networks under guidelines from the U.S. Comptroller of the Currency.</p>\n<p>But prices for Bitcoin and other cryptos are likely to stay volatile. Only a small fraction of the Bitcoin supply actually trades on exchanges or other platforms—most of it is kept off the market by long-term “hodlers.” That makes the price volatile and act like a thinly traded stock.</p>\n<p>“How bubbly is this market? I think it’s very bubbly,” says Carmen Reinhart, chief economist of the World Bank. “It’s low liquidity and it may not take any melodrama in a thin market to reverse most or all of the price gains we’ve seen.”</p>\n<p>Nonetheless, Bitcoin’s use cases are also compelling, she notes, particularly in countries like Venezuela and Lebanon, where hyperinflation and capital controls incentivize the use of unregulated digital currencies.</p>\n<p>“If you want to get money out of Lebanon or any country where you’re concerned about its future prospects—whether it’s inflation, confiscation, or anything else—crypto is a way of transferring [money], a vehicle for capital flight,” she says.</p>\n<p>As for the price, investors should buckle up. “We have to expect huge price volatility,” Reinhart says. “But does this mean we’ll see a crash from which it doesn’t recover? I doubt that too.”</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin Is Going Mainstream. What Investors Need to Know.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin Is Going Mainstream. What Investors Need to Know.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-05 23:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/bitcoin-is-going-mainstream-what-investors-need-to-know-51617393392?siteid=yhoof2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bitcoin is either a massive bubble or the digital currency of the future.\nThe reality is likely somewhere in the middle. Either way, the cryptocurrency is working itself into the mainstream financial ...</p>\n\n<a href=\"https://www.barrons.com/articles/bitcoin-is-going-mainstream-what-investors-need-to-know-51617393392?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal","GBTC":"Grayscale Bitcoin Trust","TSLA":"特斯拉","SQ":"Block","COIN":"Coinbase Global, Inc."},"source_url":"https://www.barrons.com/articles/bitcoin-is-going-mainstream-what-investors-need-to-know-51617393392?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167453696","content_text":"Bitcoin is either a massive bubble or the digital currency of the future.\nThe reality is likely somewhere in the middle. Either way, the cryptocurrency is working itself into the mainstream financial world, achieving the scale and critical mass that may make it increasingly difficult to dislodge or restrain.\nWith its market value hovering around $1 trillion, Bitcoin (BTC) has become too large and influential to remain on the financial fringes. Wall Street is pumping out reports on cryptos. Piper Sandler issued a 30-page report on Thursday, noting that the “crypto-economy could be entering a pivotal point in its development/lifecycle.”\nCoinbase Global, the largest U.S. crypto exchange and custodian, says it plans to go public on April 14 in what may be the largest tech IPO since Facebook(ticker: FB) in 2012. Private valuations peg Coinbase at $68 billion. The firm custodies an estimated $90 billion in crypto assets on its platform. It had revenue of $1.3 billion in 2020 and profits of $322 million, according to a regulatory filing.\nFintechs see Bitcoin and other cryptos as a vast new market for payments and transaction services.Visasays it plans to settle transactions in a “stablecoin,” USD Coin (USDC). About $10 billion of USDC is now circulating, according to Visa, which sees it used for everything from buying a cup of coffee to cross-border payments, trade settlements, or foreign money transfers. Stablecoins are like digital dollars, pegged in value to the buck.\nOther votes of confidence in Bitcoin are coming fromTesla(TSLA),PayPal Holdings(PYPL) andSquare(SQ), all of which are now offering ways to transact in Bitcoin or other cryptos.\nAnd there are expanding ways to invest, including derivatives, stocks and holding companies like the Grayscale Bitcoin Trust (GBTC). Fund sponsors are also angling to launch a U.S.-listed exchange-traded fund (catching up to Canada, where Bitcoin ETFs recently started trading).\nU.S. fund sponsors filing for approvals recently include Fidelity Investments, VanEck,WisdomTree Investments(WETF), SkyBridge Capital, Valkyrie Digital Assets, and NYDIG Asset Management, according to Piper Sandler.\nThe Securities and Exchange Commission has so far declined to approve a Bitcoin ETF, citing concerns about volatility, price transparency, and market manipulation. However, the Biden Administration’s nominee for SEC chairman, Gary Gensler, may take a friendlier approach. Gensler previously ran the Commodity Futures Trading Commission and has studied cryptos extensively. “This is good news for the digital assets industry,” wrote Jeff Bandman, a former CFTC official in aposton CoinDesk.\nAs Bitcoin becomes entrenched, it may only get harder for regulators to restrain. Its growing acceptance as an alternative investment or transaction currency is far outpacing regulatory controls. That, in turn, could improve the investment case for owning it, according to Piper Sandler.\n“Many investors view this scale as a safeguard against potentially overbearing regulations from governments in the developed world,” Piper says. Investing in Bitcoin, the firm adds, is a “quasi call option for both individuals and institutions on this new and potentially disruptive technology.”\nSome economists also view Bitcoin’s rising clout as a means of keeping regulators at bay.\n“My read on the last six to 12 months is that as influential investors come in, it puts pressure on regulators not to do anything,” says Harvard economist Kenneth Rogoff, who doesn’t expect regulators to sit on their hands forever.\nBitcoin and other crytpos are regulated by various federal agencies and states, but they aren’t entirely clear or consistent. The IRS classifies cryptos as property, for instance, subjecting it to capital-gains tax. The CFTC said in 2015 that virtual currencies should be “properly defined as commodities.” Banks, for their part, are now allowed to custody cryptos, conduct banking in stablecoins, and participate in blockchain networks under guidelines from the U.S. Comptroller of the Currency.\nBut prices for Bitcoin and other cryptos are likely to stay volatile. Only a small fraction of the Bitcoin supply actually trades on exchanges or other platforms—most of it is kept off the market by long-term “hodlers.” That makes the price volatile and act like a thinly traded stock.\n“How bubbly is this market? I think it’s very bubbly,” says Carmen Reinhart, chief economist of the World Bank. “It’s low liquidity and it may not take any melodrama in a thin market to reverse most or all of the price gains we’ve seen.”\nNonetheless, Bitcoin’s use cases are also compelling, she notes, particularly in countries like Venezuela and Lebanon, where hyperinflation and capital controls incentivize the use of unregulated digital currencies.\n“If you want to get money out of Lebanon or any country where you’re concerned about its future prospects—whether it’s inflation, confiscation, or anything else—crypto is a way of transferring [money], a vehicle for capital flight,” she says.\nAs for the price, investors should buckle up. “We have to expect huge price volatility,” Reinhart says. “But does this mean we’ll see a crash from which it doesn’t recover? I doubt that too.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":77,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}