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Huilun

Huilun

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2022-07-25

$Bavarian Nordic A/S(BVNRY)$Potential play

2022-06-28

$Endo International PLC(ENDP)$Another quick play?

2022-06-27

$Mullen Automotive(MULN)$catalyst coming up

2022-06-27

$Evofem Biosciences Inc.(EVFM)$Potential play considering the abortion ban

2022-05-24

$GeoVax Labs Inc(GOVX)$Finally one stockthat goes up

2021-09-02

$Blue Sphere Corp.(BLSP)$It says delisting soon.. what if we didnt sell?

2021-09-02

$Focus Universal, Inc.(FCUV)$Who saw it at$5 but didn’t get it ?✋?

2021-07-27

$PHI Group, Inc.(PHIL)$Read on Stocktwits it’s going to pink current..

2021-07-11

Like pls tq

The Meme Stock Trade Is Far From Over. What Investors Need to Know.

2021-07-09

Like pls

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2021-07-09

Like pls thank you

Elon Musk’s China Battery Partner Is Now Richer Than Jack Ma

2021-07-06

Like this pls thank you

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2021-07-05

Like this pls thank youuu :)

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2021-07-01

Like this pls thank you

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2021-06-18

Nice

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2021-02-25

Wow

GameStop rallies again; some puzzle over ice cream cone tweet

2021-02-23

What do you guys feel about this?

Why Apple Will Hit A $3 Trillion Market Cap By The End Of 2021

2021-02-23

Can like this pls? Thanks

Sorry, the original content has been removed

2021-02-20

Interesting article

Uber drivers should be classified as workers not independent contractors, top UK court rules

2021-02-20

Interesting

Goldman Sachs is joining the robo-investing party — should you?

Go to Tiger App to see more news

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href=\"https://ttm.financial/S/BVNRY\">$Bavarian Nordic A/S(BVNRY)$</a>Potential play","listText":"<a href=\"https://ttm.financial/S/BVNRY\">$Bavarian Nordic A/S(BVNRY)$</a>Potential play","text":"$Bavarian Nordic A/S(BVNRY)$Potential play","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9900458337","isVote":1,"tweetType":1,"viewCount":428,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9042395070,"gmtCreate":1656429577890,"gmtModify":1676535826873,"author":{"id":"3575430322164662","authorId":"3575430322164662","name":"Huilun","avatar":"https://community-static.tradeup.com/news/7b2123526a86ccf17147e6a13387c954","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/ENDP\">$Endo International PLC(ENDP)$</a>Another quick play?","listText":"<a href=\"https://ttm.financial/S/ENDP\">$Endo International PLC(ENDP)$</a>Another quick play?","text":"$Endo International PLC(ENDP)$Another quick play?","images":[{"img":"https://community-static.tradeup.com/news/496c011d228954e59f4a5af10ecaa4a6","width":"1125","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9042395070","isVote":1,"tweetType":1,"viewCount":222,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9046804381,"gmtCreate":1656323027743,"gmtModify":1676535805867,"author":{"id":"3575430322164662","authorId":"3575430322164662","name":"Huilun","avatar":"https://community-static.tradeup.com/news/7b2123526a86ccf17147e6a13387c954","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/MULN\">$Mullen Automotive(MULN)$</a>catalyst coming up","listText":"<a href=\"https://ttm.financial/S/MULN\">$Mullen Automotive(MULN)$</a>catalyst coming up","text":"$Mullen Automotive(MULN)$catalyst coming up","images":[{"img":"https://community-static.tradeup.com/news/91783115d7b2d70fc7832b7f57c7b069","width":"1125","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9046804381","isVote":1,"tweetType":1,"viewCount":235,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9046805408,"gmtCreate":1656322974304,"gmtModify":1676535805875,"author":{"id":"3575430322164662","authorId":"3575430322164662","name":"Huilun","avatar":"https://community-static.tradeup.com/news/7b2123526a86ccf17147e6a13387c954","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/EVFM\">$Evofem Biosciences Inc.(EVFM)$</a>Potential play considering the abortion ban","listText":"<a href=\"https://ttm.financial/S/EVFM\">$Evofem Biosciences Inc.(EVFM)$</a>Potential play considering the abortion ban","text":"$Evofem Biosciences Inc.(EVFM)$Potential play considering the abortion ban","images":[{"img":"https://community-static.tradeup.com/news/48557bb14d4bf61ec8002c94202b9164","width":"1125","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9046805408","isVote":1,"tweetType":1,"viewCount":429,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9026535951,"gmtCreate":1653399509673,"gmtModify":1676535274495,"author":{"id":"3575430322164662","authorId":"3575430322164662","name":"Huilun","avatar":"https://community-static.tradeup.com/news/7b2123526a86ccf17147e6a13387c954","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GOVX\">$GeoVax Labs Inc(GOVX)$</a>Finally one stockthat goes up","listText":"<a href=\"https://ttm.financial/S/GOVX\">$GeoVax Labs Inc(GOVX)$</a>Finally one stockthat goes up","text":"$GeoVax Labs Inc(GOVX)$Finally one stockthat goes up","images":[{"img":"https://community-static.tradeup.com/news/2d4bbebd4467256e0e006db1b6c2596b","width":"1125","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9026535951","isVote":1,"tweetType":1,"viewCount":678,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3578959012207035","authorId":"3578959012207035","name":"Kingcat","avatar":"https://static.itradeup.com/news/74371ec6f5a0cccc9fdecb315dbcbcb7","crmLevel":2,"crmLevelSwitch":1},"content":"congrats! [Like]","text":"congrats! [Like]","html":"congrats! [Like]"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":812400417,"gmtCreate":1630598188139,"gmtModify":1676530353719,"author":{"id":"3575430322164662","authorId":"3575430322164662","name":"Huilun","avatar":"https://community-static.tradeup.com/news/7b2123526a86ccf17147e6a13387c954","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BLSP\">$Blue Sphere Corp.(BLSP)$</a>It says delisting soon.. what if we didnt sell?","listText":"<a href=\"https://laohu8.com/S/BLSP\">$Blue Sphere Corp.(BLSP)$</a>It says delisting soon.. what if we didnt sell?","text":"$Blue Sphere Corp.(BLSP)$It says delisting soon.. what if we didnt sell?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":1,"link":"https://ttm.financial/post/812400417","isVote":1,"tweetType":1,"viewCount":552,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816413325,"gmtCreate":1630512394767,"gmtModify":1676530327407,"author":{"id":"3575430322164662","authorId":"3575430322164662","name":"Huilun","avatar":"https://community-static.tradeup.com/news/7b2123526a86ccf17147e6a13387c954","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/FCUV\">$Focus Universal, Inc.(FCUV)$</a>Who saw it at$5 but didn’t get it ?✋?","listText":"<a href=\"https://laohu8.com/S/FCUV\">$Focus Universal, Inc.(FCUV)$</a>Who saw it at$5 but didn’t get it ?✋?","text":"$Focus Universal, Inc.(FCUV)$Who saw it at$5 but didn’t get it ?✋?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/816413325","isVote":1,"tweetType":1,"viewCount":2604,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809758853,"gmtCreate":1627394145672,"gmtModify":1703489077320,"author":{"id":"3575430322164662","authorId":"3575430322164662","name":"Huilun","avatar":"https://community-static.tradeup.com/news/7b2123526a86ccf17147e6a13387c954","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PHIL\">$PHI Group, Inc.(PHIL)$</a>Read on Stocktwits it’s going to pink current..","listText":"<a href=\"https://laohu8.com/S/PHIL\">$PHI Group, Inc.(PHIL)$</a>Read on Stocktwits it’s going to pink current..","text":"$PHI Group, Inc.(PHIL)$Read on Stocktwits it’s going to pink current..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/809758853","isVote":1,"tweetType":1,"viewCount":394,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":148409224,"gmtCreate":1625997691168,"gmtModify":1703751786233,"author":{"id":"3575430322164662","authorId":"3575430322164662","name":"Huilun","avatar":"https://community-static.tradeup.com/news/7b2123526a86ccf17147e6a13387c954","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like pls tq","listText":"Like pls tq","text":"Like pls tq","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/148409224","repostId":"1112201050","repostType":4,"repost":{"id":"1112201050","pubTimestamp":1625966101,"share":"https://www.laohu8.com/m/news/1112201050?lang=&edition=full","pubTime":"2021-07-11 09:15","market":"us","language":"en","title":"The Meme Stock Trade Is Far From Over. What Investors Need to Know.","url":"https://stock-news.laohu8.com/highlight/detail?id=1112201050","media":"Barrons","summary":"It seemed to be only a matter of time.\nWhen GameStop (ticker: GME), BlackBerry (BB), and even the de","content":"<p>It seemed to be only a matter of time.</p>\n<p>When GameStop (ticker: GME), BlackBerry (BB), and even the desiccated carcass of Blockbuster suddenly sprang to life in January, the clock was already ticking for when they would crash again. Would it be hours, days, or weeks?</p>\n<p>It has now been half a year, and the core “meme stocks” are still trading at levels considered outrageous by people who have studied them for years. New names like&nbsp;Clover Health Investments(CLOV) and&nbsp;Newegg Commerce(NEGG) have recently popped up on message boards, and their stocks have popped, too.</p>\n<p>The collective efforts of millions of retail traders—long derided as “the dumb money”—have successfully held stocks aloft and forced naysayers to capitulate.</p>\n<p>That is true even as the companies they are betting on have shown scant signs of transforming their businesses, or turning profits that might justify their valuations. BlackBerry burned cash in its latest quarter and warned that its key cybersecurity division would hit the low end of its revenue guidance; the stock dipped on the news but has still more than doubled in the past year.</p>\n<p>While trading volume at the big brokers has come down slightly from its February peak, it remains two to three times as high as it was before the pandemic. And a startling amount of that activity is occurring in stocks favored by retail traders. The average daily value of shares traded in&nbsp;AMC Entertainment Holdings(AMC), for example, reached $13.1 billion in June, more than&nbsp;Apple’s(AAPL) $9.5 billion and Amazon.com’s (AMZN) $10.3 billion.</p>\n<p>Even as the coronavirus fades in the U.S., most new traders say they are committed to the hobby they learned during lockdown—58% of day traders in a Betterment survey said they are planning to trade even more in the future, and only 12% plan to trade less. Amateur pandemic bakers have stopped kneading sourdough loaves; traders are only getting hungrier.</p>\n<p>A sustained bear market would spoil such an appetite, as it did when the dot-com bubble burst. For now, dips are reasons to hold or buy.</p>\n<p><img src=\"https://static.tigerbbs.com/25a79e71371c165f9a3a5085931fc487\" tg-width=\"979\" tg-height=\"649\"></p>\n<p>“I’ve seen that the ‘buy the dip’ sentiment hasn’t relented for a moment,” wrote Brandon Luczek, an electronics technician for the U.S. Navy who trades with friends online, in an email to&nbsp;Barron’s.</p>\n<p>The meme stock surge has been propelled by a rise in trading by retail investors. In 2020, online brokers signed clients at a record pace, with more than 10 million people opening new accounts. That record will almost certainly be broken in 2021. Brokers had already added more than 10 million accounts less than halfway into the year, some of the top firms have disclosed.</p>\n<p>Meme stocks are both the cart and the horse of this phenomenon. Their sudden price spikes are driven by new investors, and then that action drives even more new people to invest. Millions of people downloaded investing apps in late January and early February just to be a part of the fun. A recent&nbsp;Charles Schwab(SCHW) survey found that 15% of all current traders began investing after 2020.</p>\n<p><img src=\"https://static.tigerbbs.com/167386c6881a258922ad62caaf7a05f4\" tg-width=\"971\" tg-height=\"644\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/8e29e3041b91070252ab9063d1a11fa2\" tg-width=\"975\" tg-height=\"642\"><img src=\"https://static.tigerbbs.com/f9cc1c0bd6368721c0eca87e25719f16\" tg-width=\"964\" tg-height=\"641\"></p>\n<p>The most prominent player in the surge is Robinhood, which said it had added 5.5 million funded accounts in the first quarter alone. But it isn’t alone. Fidelity, for instance, announced that it had attracted 1.6 million new customers under the age of 35 in the first quarter, 223% more than a year before.</p>\n<p>Under pressure from Robinhood’s zero-commission model, all of the major brokers cut commissions to zero in 2019. That opened the floodgates to a new group of customers—one that may not have as much spare cash to trade but is more active and diverse than its predecessors. And the brokers are cashing in. Fidelity is hoping to attract investors before they even have driver’s licenses, allowing children as young as 13 to open trading accounts. Robinhood is riding the momentum to an initial public offering that analysts expect to value it at more than 10 times its revenue.</p>\n<p>These new customers act differently than their older peers. For years, there was a “big gravitation toward ETFs,” says Chris Larkin, head of trading at E*Trade, which is now owned by Morgan Stanley (MS). But picking single stocks is clearly “the big story of 2021.”</p>\n<p>To be sure, equity exchange-traded funds are still doing well, as investors around the world bet on the pandemic recovery and avoid weak bond yields.</p>\n<p>But ETFs don’t light up the message boards like stocks do. Not that it has been a one-way ride for the top names. GameStop did dip in February, and Wall Street enjoyed a moment of schadenfreude. It didn’t last.</p>\n<p>“Like cicadas, meme traders returned in a wild blaze of activity after being seemingly underground for several months,” wrote Steve Sosnick, chief strategist at Interactive Brokers. Sosnick believes that the meme stocks tend to trade inversely to cryptocurrencies, because their fans rotate from one to the other as the momentum shifts.</p>\n<p>“I don’t think it’s strictly a coincidence that meme stocks roared back to life after a significant correction in Bitcoin and other cryptocurrencies,” he wrote.</p>\n<p>Sosnick considers meme stocks a “sector unto themselves,” one that he segregates on his computer monitor away from other stock tickers.</p>\n<p>Indeed, Wall Street’s reaction to the meme stock revolution has been to isolate the parts of the market that the pros deem irrational. Most short sellers won’t touch the stocks, and analysts are dropping coverage.</p>\n<p>But Wall Street can’t swat the retail army away like cicadas, or count on them disappearing for the next 17 years. Stock trading has permanently shifted. This year, retail activity accounts for 24% of equity volume, up from 15% in 2019. Adherents to the new creed are not passive observers willing to let Wall Street manage the markets.</p>\n<p><img src=\"https://static.tigerbbs.com/710e642d3b685b74f8c9dcaf46ef3e0b\" tg-width=\"968\" tg-height=\"643\"></p>\n<p>“What this really reflects is a reversal of the trends that we saw toward less and less engagement with individual companies,” says Joshua Mitts, a professor at Columbia Law School specializing in securities markets. “Technology is bringing the average investor closer to the companies in which he or she invests, and that’s just taking on new and unpredictable forms.”</p>\n<p>The swings you get can definitely make you feel some sort of way.</p>\n<p>— Matt Kohrs, 26, who streams stock analysis daily on YouTube</p>\n<p>It is now changing the lives of those who got in early and are still riding the names higher.</p>\n<p>Take Matt Kohrs, who had invested in AMC Entertainment early. He quit his job as a programmer in New York in February, moved to Philadelphia, and started streaming&nbsp;stock analysis on YouTube&nbsp;for seven hours a day.</p>\n<p>With 350,000 YouTube followers, it’s paying the bills. With his earnings from ads and from the stock, Kohrs says he can pull down roughly the same salary he made before. But he also knows that relying on earnings from stocks like this is nothing like a 9-to-5 job.</p>\n<p>“The swings you get can definitely make you feel some sort of way,” he says.</p>\n<p>Companies are starting to react more aggressively, too. They are either embracing their new owners or paying meme-ologists to understand the emoji-filled language of the new Wall Street so they can ward them off or appease them.</p>\n<p>AMC even canceled a proposed equity raise this past week because the company apparently didn’t like the vibes it was getting from the Reddit crowd. AMC has already quintupled its share count over the past year. CEO Adam Aron tweeted that he had seen “many yes, many no” reactions to his proposal to issue 25 million more shares, so it will be canceled instead of being presented for a vote at AMC’s annual meeting later this month. The company did not respond to a question on how it had polled shareholders.</p>\n<p>Forget the boardroom. Corporate policy is now being determined in the chat room.</p>\n<p>Big investors are spending more time tracking social-media discussions about stocks. Bank of America found in a survey this year that about 25% of institutions had already been tracking social-media sentiment, but that about 40% are interested in using it going forward.</p>\n<p>In the past few months, Bank of America, Morgan Stanley, and J.P. Morgan have all produced reports on how to trade around the retail action, coming to somewhat different conclusions.</p>\n<p>There can be “alpha in the signal,” as Morgan Stanley put it, but it can take some intense number-crunching to get there. Not all message-board chatter leads to sustained price gains, of course, and retail order flow cannot easily be separated from institutional flow without substantial data analysis. For investors with the tools to pinpoint which stocks retail investors are buying and which they are selling, J.P. Morgan suggests going long on the 20% of stocks with the most buying interest and short on the top 20% in selling interest.</p>\n<p>For now, many of the institutions buying data on social-media sentiment appear to be trying to reduce their risks, as opposed to scouting new opportunities, according to Boris Spiwak of alternative data firm Thinknum, which offers products that track social-media sentiment. “They see it as almost like an insurance policy, to limit their downside risks,” he says.</p>\n<p>For retail traders, the method isn’t always scientific. The action is sustained by a community ethos. And the force behind it is as much emotional and moral as financial.</p>\n<p>New investors say they are motivated by a desire to prove themselves and punish the old guard as much as by profits. They learn from one another about the market, sometimes amplifying or debunking conspiracy theories about Wall Street. Some link the meme-stock movement to continued mistrust of big financial institutions stemming from the 2008 financial crisis.</p>\n<p>“Wall Street brought our economy to its knees, and no one ever got in trouble for it,” says the 26-year-old Kohrs. “So, I think they view this as not only can we make money, but we can also make these hedge funds on Wall Street pay.”</p>\n<p>Claire Hirschberg is a 28-year-old union organizer who bought about $50 worth of GameStop stock on Robinhood in January after hearing about it from friends. She liked the idea, but what really got her excited about it was the reaction of her father, a longtime money manager. “He was so mad I had bought GameStop and was refusing to sell,” she says, laughing. “And that just makes me want to hold it forever.”</p>\n<p>Just like old Wall Street has rituals and codes, the new one does, too. A new investment banking employee learns quickly that you don’t wear a Ferragamo tie until after you make associate. You never leave the office until the managing director does, and you don’t complain about the hours. And the bad guys are the regulators and Sen. Elizabeth Warren, and not in that order.</p>\n<p>The new trading desk—the apps that millions of retail traders now use and the message boards where they congregate—have unspoken rules, too. Publicly acknowledging financial losses is a valiant act, evidence of internal fortitude and belief in the group. You don’t take yourself seriously and you don’t police language. You are part of an army of “apes” or “retards.” You hold through the crashes, even if it means you might lose everything. And the bad guys are the short sellers, the market makers, and the Wall Street elites, in that order.</p>\n<p>The group action is not just for moral support. The trading strategy depends on people keeping up the buying pressure to force a short squeeze or to buy bullish options that trigger what’s known as a gamma squeeze.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/75d79c78a14cc8f297e17397cc54bdb5\" tg-width=\"1260\" tg-height=\"840\"><span>Keith Gill became the face of the Reddit army of retail traders pushing shares of GameStop higher when he appeared virtually before a House Financial Services Committee hearing in February.</span></p>\n<p>Many short sellers say they won’t touch these stocks anymore. But clearly, others aren’t taking that advice and are giving the meme movement oxygen by repeatedly betting against the stocks. AMC’s short interest was at 17% of the stock’s float in mid-June, down from 28% in January, but not by much.</p>\n<p>As the price rises, the shorts can’t help themselves. They start “drooling, with flames coming out of their ears,” says Michael Pachter, a Wedbush Securities analyst who has covered GameStop for years. “What’s kind of shocked me is the definition of insanity, which is doing the same thing over and over and over again and hoping for a different outcome each time, and the shorts keep coming back,” he says. “And [GameStop bull] Keith Gill and his Reddit raiders keep squeezing them, and it keeps working.”</p>\n<p>To beat the short sellers, the Reddit crowd needs to hold together, but the community has been showing cracks at times. The two meme stocks with the most determined fan bases—GameStop and AMC—still have enormous armies of core believers who do not seem easily swayed. But other names seem to have more-fickle backers. Several stocks caught up in the meme madness have come crashing down to earth.Bed Bath &amp; Beyond(BBBY) spiked twice—in late January and early June—but now trades only slightly above its mid-January levels. People who bought during the upswings have lost money.</p>\n<p>Distrust has spread, and some traders worry that wallstreetbets— the original Reddit message board that inspired the GameStop frenzy—has grown so fast that it has lost its original spirit, and potentially grown vulnerable to manipulation. Some have moved to other message boards, like r/superstonk, in hopes of reclaiming the old community’s flavor.</p>\n<p>Travis Rehl, the founder of social-media tracking company Hype Equity, says that he tries to separate possible manipulators from more organic investor sentiment. Hype Equity is usually hired by public-relations firms representing companies that are being talked about online, he says. Now, he sees a growing trend of stocks that suddenly come up on message boards, receive positive chatter, and then disappear.</p>\n<p>“It’s called into question what is a true discussion versus what is something that somebody just wants to pump,” he says. The moderators of wallstreetbets forbid market manipulation on the platform, and Rehl say they appear to work hard to police misinformation. The moderators did not respond to a request from&nbsp;Barron’s&nbsp;for comment.</p>\n<p>“If you can create enough buzz to get a stock that goes up 10%, 20%, even 50% in a short period of time, there’s a tremendous incentive to do that,” Sosnick says.</p>\n<p>The Securities and Exchange Commission is watching for funny business on the message boards. SEC Chairman Gary Gensler and some members of Congress have discussed changing market rules with the intention of adding transparency protecting retail traders—although changes could also anger the retail crowd if they slow down trading or make it more expensive.</p>\n<p>Regulations aren’t the only thing that could deflate this trend. Dan Egan, vice president of behavioral finance and investing at fintech Betterment, thinks the momentum may run out of steam in September. Even “apes” have responsibilities. “Kids start going back to schools; parents are free to go to work again,” he says. “That’s the next time there’s going to be some oxygen pulled out of the room.”</p>\n<p>Traditional investors may be tempted to write off the entire phenomenon as temporary madness inspired by lockdowns and free government money. But that would be a mistake. If zero-commission brokerages and fun with GameStop broke down barriers for millions of new investors to open accounts, it’s almost certainly a good thing, as long as most people bet with money they don’t need immediately. Many new retail traders say they are teaching themselves how to trade, and have begun to diversify their holdings.</p>\n<p>In one form or another, this is the future client base of Wall Street.</p>\n<p>Arizona State University professor Hendrik Bessembinder published groundbreaking&nbsp;research&nbsp;in 2018 that found that “a randomly selected stock in a randomly selected month is more likely to lose money than make money.” In short, picking single stocks and holding a concentrated portfolio tends to be a losing strategy.</p>\n<p>Even so, he’s encouraged by the new wave of trading. “I welcome the increase in retail trading, the idea of the stock market being a place with wide participation,” Bessembinder says. “Economists can’t tell people they shouldn’t get some fun.”</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>The Meme Stock Trade Is Far From Over. 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\">\nThe Meme Stock Trade Is Far From Over. What Investors Need to Know.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-11 09:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/the-meme-stock-trade-is-far-from-over-what-investors-need-to-know-51625875247?mod=hp_HERO><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It seemed to be only a matter of time.\nWhen GameStop (ticker: GME), BlackBerry (BB), and even the desiccated carcass of Blockbuster suddenly sprang to life in January, the clock was already ticking ...</p>\n\n<a href=\"https://www.barrons.com/articles/the-meme-stock-trade-is-far-from-over-what-investors-need-to-know-51625875247?mod=hp_HERO\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NEGG":"Newegg Comm Inc.","AMC":"AMC院线","SCHW":"嘉信理财","WKHS":"Workhorse Group, Inc.","BBBY":"3B家居","CARV":"卡弗储蓄","BB":"黑莓","CLOV":"Clover Health Corp","MRIN":"Marin Software Inc.","GME":"游戏驿站"},"source_url":"https://www.barrons.com/articles/the-meme-stock-trade-is-far-from-over-what-investors-need-to-know-51625875247?mod=hp_HERO","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112201050","content_text":"It seemed to be only a matter of time.\nWhen GameStop (ticker: GME), BlackBerry (BB), and even the desiccated carcass of Blockbuster suddenly sprang to life in January, the clock was already ticking for when they would crash again. Would it be hours, days, or weeks?\nIt has now been half a year, and the core “meme stocks” are still trading at levels considered outrageous by people who have studied them for years. New names like Clover Health Investments(CLOV) and Newegg Commerce(NEGG) have recently popped up on message boards, and their stocks have popped, too.\nThe collective efforts of millions of retail traders—long derided as “the dumb money”—have successfully held stocks aloft and forced naysayers to capitulate.\nThat is true even as the companies they are betting on have shown scant signs of transforming their businesses, or turning profits that might justify their valuations. BlackBerry burned cash in its latest quarter and warned that its key cybersecurity division would hit the low end of its revenue guidance; the stock dipped on the news but has still more than doubled in the past year.\nWhile trading volume at the big brokers has come down slightly from its February peak, it remains two to three times as high as it was before the pandemic. And a startling amount of that activity is occurring in stocks favored by retail traders. The average daily value of shares traded in AMC Entertainment Holdings(AMC), for example, reached $13.1 billion in June, more than Apple’s(AAPL) $9.5 billion and Amazon.com’s (AMZN) $10.3 billion.\nEven as the coronavirus fades in the U.S., most new traders say they are committed to the hobby they learned during lockdown—58% of day traders in a Betterment survey said they are planning to trade even more in the future, and only 12% plan to trade less. Amateur pandemic bakers have stopped kneading sourdough loaves; traders are only getting hungrier.\nA sustained bear market would spoil such an appetite, as it did when the dot-com bubble burst. For now, dips are reasons to hold or buy.\n\n“I’ve seen that the ‘buy the dip’ sentiment hasn’t relented for a moment,” wrote Brandon Luczek, an electronics technician for the U.S. Navy who trades with friends online, in an email to Barron’s.\nThe meme stock surge has been propelled by a rise in trading by retail investors. In 2020, online brokers signed clients at a record pace, with more than 10 million people opening new accounts. That record will almost certainly be broken in 2021. Brokers had already added more than 10 million accounts less than halfway into the year, some of the top firms have disclosed.\nMeme stocks are both the cart and the horse of this phenomenon. Their sudden price spikes are driven by new investors, and then that action drives even more new people to invest. Millions of people downloaded investing apps in late January and early February just to be a part of the fun. A recent Charles Schwab(SCHW) survey found that 15% of all current traders began investing after 2020.\n\nThe most prominent player in the surge is Robinhood, which said it had added 5.5 million funded accounts in the first quarter alone. But it isn’t alone. Fidelity, for instance, announced that it had attracted 1.6 million new customers under the age of 35 in the first quarter, 223% more than a year before.\nUnder pressure from Robinhood’s zero-commission model, all of the major brokers cut commissions to zero in 2019. That opened the floodgates to a new group of customers—one that may not have as much spare cash to trade but is more active and diverse than its predecessors. And the brokers are cashing in. Fidelity is hoping to attract investors before they even have driver’s licenses, allowing children as young as 13 to open trading accounts. Robinhood is riding the momentum to an initial public offering that analysts expect to value it at more than 10 times its revenue.\nThese new customers act differently than their older peers. For years, there was a “big gravitation toward ETFs,” says Chris Larkin, head of trading at E*Trade, which is now owned by Morgan Stanley (MS). But picking single stocks is clearly “the big story of 2021.”\nTo be sure, equity exchange-traded funds are still doing well, as investors around the world bet on the pandemic recovery and avoid weak bond yields.\nBut ETFs don’t light up the message boards like stocks do. Not that it has been a one-way ride for the top names. GameStop did dip in February, and Wall Street enjoyed a moment of schadenfreude. It didn’t last.\n“Like cicadas, meme traders returned in a wild blaze of activity after being seemingly underground for several months,” wrote Steve Sosnick, chief strategist at Interactive Brokers. Sosnick believes that the meme stocks tend to trade inversely to cryptocurrencies, because their fans rotate from one to the other as the momentum shifts.\n“I don’t think it’s strictly a coincidence that meme stocks roared back to life after a significant correction in Bitcoin and other cryptocurrencies,” he wrote.\nSosnick considers meme stocks a “sector unto themselves,” one that he segregates on his computer monitor away from other stock tickers.\nIndeed, Wall Street’s reaction to the meme stock revolution has been to isolate the parts of the market that the pros deem irrational. Most short sellers won’t touch the stocks, and analysts are dropping coverage.\nBut Wall Street can’t swat the retail army away like cicadas, or count on them disappearing for the next 17 years. Stock trading has permanently shifted. This year, retail activity accounts for 24% of equity volume, up from 15% in 2019. Adherents to the new creed are not passive observers willing to let Wall Street manage the markets.\n\n“What this really reflects is a reversal of the trends that we saw toward less and less engagement with individual companies,” says Joshua Mitts, a professor at Columbia Law School specializing in securities markets. “Technology is bringing the average investor closer to the companies in which he or she invests, and that’s just taking on new and unpredictable forms.”\nThe swings you get can definitely make you feel some sort of way.\n— Matt Kohrs, 26, who streams stock analysis daily on YouTube\nIt is now changing the lives of those who got in early and are still riding the names higher.\nTake Matt Kohrs, who had invested in AMC Entertainment early. He quit his job as a programmer in New York in February, moved to Philadelphia, and started streaming stock analysis on YouTube for seven hours a day.\nWith 350,000 YouTube followers, it’s paying the bills. With his earnings from ads and from the stock, Kohrs says he can pull down roughly the same salary he made before. But he also knows that relying on earnings from stocks like this is nothing like a 9-to-5 job.\n“The swings you get can definitely make you feel some sort of way,” he says.\nCompanies are starting to react more aggressively, too. They are either embracing their new owners or paying meme-ologists to understand the emoji-filled language of the new Wall Street so they can ward them off or appease them.\nAMC even canceled a proposed equity raise this past week because the company apparently didn’t like the vibes it was getting from the Reddit crowd. AMC has already quintupled its share count over the past year. CEO Adam Aron tweeted that he had seen “many yes, many no” reactions to his proposal to issue 25 million more shares, so it will be canceled instead of being presented for a vote at AMC’s annual meeting later this month. The company did not respond to a question on how it had polled shareholders.\nForget the boardroom. Corporate policy is now being determined in the chat room.\nBig investors are spending more time tracking social-media discussions about stocks. Bank of America found in a survey this year that about 25% of institutions had already been tracking social-media sentiment, but that about 40% are interested in using it going forward.\nIn the past few months, Bank of America, Morgan Stanley, and J.P. Morgan have all produced reports on how to trade around the retail action, coming to somewhat different conclusions.\nThere can be “alpha in the signal,” as Morgan Stanley put it, but it can take some intense number-crunching to get there. Not all message-board chatter leads to sustained price gains, of course, and retail order flow cannot easily be separated from institutional flow without substantial data analysis. For investors with the tools to pinpoint which stocks retail investors are buying and which they are selling, J.P. Morgan suggests going long on the 20% of stocks with the most buying interest and short on the top 20% in selling interest.\nFor now, many of the institutions buying data on social-media sentiment appear to be trying to reduce their risks, as opposed to scouting new opportunities, according to Boris Spiwak of alternative data firm Thinknum, which offers products that track social-media sentiment. “They see it as almost like an insurance policy, to limit their downside risks,” he says.\nFor retail traders, the method isn’t always scientific. The action is sustained by a community ethos. And the force behind it is as much emotional and moral as financial.\nNew investors say they are motivated by a desire to prove themselves and punish the old guard as much as by profits. They learn from one another about the market, sometimes amplifying or debunking conspiracy theories about Wall Street. Some link the meme-stock movement to continued mistrust of big financial institutions stemming from the 2008 financial crisis.\n“Wall Street brought our economy to its knees, and no one ever got in trouble for it,” says the 26-year-old Kohrs. “So, I think they view this as not only can we make money, but we can also make these hedge funds on Wall Street pay.”\nClaire Hirschberg is a 28-year-old union organizer who bought about $50 worth of GameStop stock on Robinhood in January after hearing about it from friends. She liked the idea, but what really got her excited about it was the reaction of her father, a longtime money manager. “He was so mad I had bought GameStop and was refusing to sell,” she says, laughing. “And that just makes me want to hold it forever.”\nJust like old Wall Street has rituals and codes, the new one does, too. A new investment banking employee learns quickly that you don’t wear a Ferragamo tie until after you make associate. You never leave the office until the managing director does, and you don’t complain about the hours. And the bad guys are the regulators and Sen. Elizabeth Warren, and not in that order.\nThe new trading desk—the apps that millions of retail traders now use and the message boards where they congregate—have unspoken rules, too. Publicly acknowledging financial losses is a valiant act, evidence of internal fortitude and belief in the group. You don’t take yourself seriously and you don’t police language. You are part of an army of “apes” or “retards.” You hold through the crashes, even if it means you might lose everything. And the bad guys are the short sellers, the market makers, and the Wall Street elites, in that order.\nThe group action is not just for moral support. The trading strategy depends on people keeping up the buying pressure to force a short squeeze or to buy bullish options that trigger what’s known as a gamma squeeze.\nKeith Gill became the face of the Reddit army of retail traders pushing shares of GameStop higher when he appeared virtually before a House Financial Services Committee hearing in February.\nMany short sellers say they won’t touch these stocks anymore. But clearly, others aren’t taking that advice and are giving the meme movement oxygen by repeatedly betting against the stocks. AMC’s short interest was at 17% of the stock’s float in mid-June, down from 28% in January, but not by much.\nAs the price rises, the shorts can’t help themselves. They start “drooling, with flames coming out of their ears,” says Michael Pachter, a Wedbush Securities analyst who has covered GameStop for years. “What’s kind of shocked me is the definition of insanity, which is doing the same thing over and over and over again and hoping for a different outcome each time, and the shorts keep coming back,” he says. “And [GameStop bull] Keith Gill and his Reddit raiders keep squeezing them, and it keeps working.”\nTo beat the short sellers, the Reddit crowd needs to hold together, but the community has been showing cracks at times. The two meme stocks with the most determined fan bases—GameStop and AMC—still have enormous armies of core believers who do not seem easily swayed. But other names seem to have more-fickle backers. Several stocks caught up in the meme madness have come crashing down to earth.Bed Bath & Beyond(BBBY) spiked twice—in late January and early June—but now trades only slightly above its mid-January levels. People who bought during the upswings have lost money.\nDistrust has spread, and some traders worry that wallstreetbets— the original Reddit message board that inspired the GameStop frenzy—has grown so fast that it has lost its original spirit, and potentially grown vulnerable to manipulation. Some have moved to other message boards, like r/superstonk, in hopes of reclaiming the old community’s flavor.\nTravis Rehl, the founder of social-media tracking company Hype Equity, says that he tries to separate possible manipulators from more organic investor sentiment. Hype Equity is usually hired by public-relations firms representing companies that are being talked about online, he says. Now, he sees a growing trend of stocks that suddenly come up on message boards, receive positive chatter, and then disappear.\n“It’s called into question what is a true discussion versus what is something that somebody just wants to pump,” he says. The moderators of wallstreetbets forbid market manipulation on the platform, and Rehl say they appear to work hard to police misinformation. The moderators did not respond to a request from Barron’s for comment.\n“If you can create enough buzz to get a stock that goes up 10%, 20%, even 50% in a short period of time, there’s a tremendous incentive to do that,” Sosnick says.\nThe Securities and Exchange Commission is watching for funny business on the message boards. SEC Chairman Gary Gensler and some members of Congress have discussed changing market rules with the intention of adding transparency protecting retail traders—although changes could also anger the retail crowd if they slow down trading or make it more expensive.\nRegulations aren’t the only thing that could deflate this trend. Dan Egan, vice president of behavioral finance and investing at fintech Betterment, thinks the momentum may run out of steam in September. Even “apes” have responsibilities. “Kids start going back to schools; parents are free to go to work again,” he says. “That’s the next time there’s going to be some oxygen pulled out of the room.”\nTraditional investors may be tempted to write off the entire phenomenon as temporary madness inspired by lockdowns and free government money. But that would be a mistake. If zero-commission brokerages and fun with GameStop broke down barriers for millions of new investors to open accounts, it’s almost certainly a good thing, as long as most people bet with money they don’t need immediately. Many new retail traders say they are teaching themselves how to trade, and have begun to diversify their holdings.\nIn one form or another, this is the future client base of Wall Street.\nArizona State University professor Hendrik Bessembinder published groundbreaking research in 2018 that found that “a randomly selected stock in a randomly selected month is more likely to lose money than make money.” In short, picking single stocks and holding a concentrated portfolio tends to be a losing strategy.\nEven so, he’s encouraged by the new wave of trading. “I welcome the increase in retail trading, the idea of the stock market being a place with wide participation,” Bessembinder says. “Economists can’t tell people they shouldn’t get some fun.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":311,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141174543,"gmtCreate":1625844359182,"gmtModify":1703749808418,"author":{"id":"3575430322164662","authorId":"3575430322164662","name":"Huilun","avatar":"https://community-static.tradeup.com/news/7b2123526a86ccf17147e6a13387c954","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/141174543","repostId":"2150434370","repostType":4,"isVote":1,"tweetType":1,"viewCount":120,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141175499,"gmtCreate":1625844308911,"gmtModify":1703749807439,"author":{"id":"3575430322164662","authorId":"3575430322164662","name":"Huilun","avatar":"https://community-static.tradeup.com/news/7b2123526a86ccf17147e6a13387c954","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like pls thank you","listText":"Like pls thank you","text":"Like pls thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/141175499","repostId":"1103507901","repostType":4,"repost":{"id":"1103507901","pubTimestamp":1625841943,"share":"https://www.laohu8.com/m/news/1103507901?lang=&edition=full","pubTime":"2021-07-09 22:45","market":"sh","language":"en","title":"Elon Musk’s China Battery Partner Is Now Richer Than Jack Ma","url":"https://stock-news.laohu8.com/highlight/detail?id=1103507901","media":"Bloomberg","summary":"Zeng Yuqun, the founder of the world’s biggest electric-vehicle battery maker, has overtakenJack Mai","content":"<p>Zeng Yuqun, the founder of the world’s biggest electric-vehicle battery maker, has overtakenJack Main the wealth rankings, a symbolic moment in the rise of China’s green billionaires.</p>\n<p>Zeng’s net worth has jumped to $49.5 billion, according to theBloomberg Billionaires Index, as shares ofContemporary Amperex Technology Co. Ltd.surged this year. That exceeds Alibaba Group Holding Ltd. co-founder Ma’s wealth of $48.1 billion and makes Zeng one of the five richest people in Asia for the first time.</p>\n<p>It’s the latest sign of how a new generation of tycoons in China is amassing vast fortunes in the clean-energy boom. Investors havepushed upstocks such as CATL, a key supplier to Tesla Inc., as the country leads the market for electric-vehicle sales and pursues an ambitious policy of reaching carbon neutrality in 2060.</p>\n<p>“The billionaire ranking used to be dominated by real estate tycoons and later tech entrepreneurs, and now we are seeing more from the new energy sector,” said Hao Gao, director of Tsinghua University’s NIFR Global Family Business Research Center. “As the industry leader for electric-vehicle batteries, CATL will benefit most from the carbon emission goal.”</p>\n<p>A spokeswoman for CATL declined to comment on Zeng’s net worth.</p>\n<p>Zeng, 53, who hails from a hillside village in Fujian province in southeast China, built CATL into a battery juggernaut in less than a decade, creating the largest global producer of rechargeable cells for plug-in vehicles.</p>\n<p>Global electric-vehicle battery sales more thandoubledin the first five months of this year from a year earlier, with CATL accounting for 31.2% of the market, the largest share, according to an SNE Research report. New-energy vehicle retail sales in Chinarose9.8% in 2020 to 1.11 million units, according to the China Passenger Car Association.</p>\n<p>BloombergNEFexpectsthe company’s global sales growth to continue, benefiting from economies of scale, a cost-competitive upstream supply chain and an established client base.</p>\n<p>CATL’s stock has surged more than 20-fold since the company went public in Shenzhen in 2018. It’s up 55% this year alone as demand for EVs increases, countries work to reduce carbon emissions and costs tumble. Shares fell 2.4% on Friday.</p>\n<p>CATL trades at more than 100 times estimated earnings, compared with about 13 times for competitorPanasonic Corp.</p>\n<p>In addition to Tesla, CATL counts BMW AG and Volkswagen AG among its customers. In an interview last year, Zengsaidhe and Tesla Chief Executive OfficerElon Musktext about technology, Covid-19 and Musk’s main interest: cheaper batteries and cars.</p>\n<p>Zeng, who earned a doctorate in condensed matter physics from the Chinese Academy of Science in Beijing, isn’t the only billionaire who’s benefiting from the surge in CATL’s stock.Huang Shilin, a vice chairman of the company, is worth more than $21 billion, whileLi Ping, who’s also a vice chairman, has an $8.5 billion fortune.</p>\n<p>As Zeng’s star rises, Ma’s has been on the wane. The value of Ma’s fintech arm Ant Group Co. hasplummetedsince the former English teacher openly pushed back against Beijing, prompting Chinese authorities to quash the company’s plans for a huge initial public offering. Ma, 56, has all but dropped from public view, and has lost $2.5 billion in wealth this year.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk’s China Battery Partner Is Now Richer Than Jack Ma</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\">\nElon Musk’s China Battery Partner Is Now Richer Than Jack Ma\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-09 22:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-07-08/elon-musk-s-battery-partner-in-china-is-now-richer-than-jack-ma><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Zeng Yuqun, the founder of the world’s biggest electric-vehicle battery maker, has overtakenJack Main the wealth rankings, a symbolic moment in the rise of China’s green billionaires.\nZeng’s net worth...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-08/elon-musk-s-battery-partner-in-china-is-now-richer-than-jack-ma\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"300750":"宁德时代"},"source_url":"https://www.bloomberg.com/news/articles/2021-07-08/elon-musk-s-battery-partner-in-china-is-now-richer-than-jack-ma","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103507901","content_text":"Zeng Yuqun, the founder of the world’s biggest electric-vehicle battery maker, has overtakenJack Main the wealth rankings, a symbolic moment in the rise of China’s green billionaires.\nZeng’s net worth has jumped to $49.5 billion, according to theBloomberg Billionaires Index, as shares ofContemporary Amperex Technology Co. Ltd.surged this year. That exceeds Alibaba Group Holding Ltd. co-founder Ma’s wealth of $48.1 billion and makes Zeng one of the five richest people in Asia for the first time.\nIt’s the latest sign of how a new generation of tycoons in China is amassing vast fortunes in the clean-energy boom. Investors havepushed upstocks such as CATL, a key supplier to Tesla Inc., as the country leads the market for electric-vehicle sales and pursues an ambitious policy of reaching carbon neutrality in 2060.\n“The billionaire ranking used to be dominated by real estate tycoons and later tech entrepreneurs, and now we are seeing more from the new energy sector,” said Hao Gao, director of Tsinghua University’s NIFR Global Family Business Research Center. “As the industry leader for electric-vehicle batteries, CATL will benefit most from the carbon emission goal.”\nA spokeswoman for CATL declined to comment on Zeng’s net worth.\nZeng, 53, who hails from a hillside village in Fujian province in southeast China, built CATL into a battery juggernaut in less than a decade, creating the largest global producer of rechargeable cells for plug-in vehicles.\nGlobal electric-vehicle battery sales more thandoubledin the first five months of this year from a year earlier, with CATL accounting for 31.2% of the market, the largest share, according to an SNE Research report. New-energy vehicle retail sales in Chinarose9.8% in 2020 to 1.11 million units, according to the China Passenger Car Association.\nBloombergNEFexpectsthe company’s global sales growth to continue, benefiting from economies of scale, a cost-competitive upstream supply chain and an established client base.\nCATL’s stock has surged more than 20-fold since the company went public in Shenzhen in 2018. It’s up 55% this year alone as demand for EVs increases, countries work to reduce carbon emissions and costs tumble. Shares fell 2.4% on Friday.\nCATL trades at more than 100 times estimated earnings, compared with about 13 times for competitorPanasonic Corp.\nIn addition to Tesla, CATL counts BMW AG and Volkswagen AG among its customers. In an interview last year, Zengsaidhe and Tesla Chief Executive OfficerElon Musktext about technology, Covid-19 and Musk’s main interest: cheaper batteries and cars.\nZeng, who earned a doctorate in condensed matter physics from the Chinese Academy of Science in Beijing, isn’t the only billionaire who’s benefiting from the surge in CATL’s stock.Huang Shilin, a vice chairman of the company, is worth more than $21 billion, whileLi Ping, who’s also a vice chairman, has an $8.5 billion fortune.\nAs Zeng’s star rises, Ma’s has been on the wane. The value of Ma’s fintech arm Ant Group Co. hasplummetedsince the former English teacher openly pushed back against Beijing, prompting Chinese authorities to quash the company’s plans for a huge initial public offering. Ma, 56, has all but dropped from public view, and has lost $2.5 billion in wealth this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":239,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":157247520,"gmtCreate":1625585398960,"gmtModify":1703744494243,"author":{"id":"3575430322164662","authorId":"3575430322164662","name":"Huilun","avatar":"https://community-static.tradeup.com/news/7b2123526a86ccf17147e6a13387c954","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like this pls thank you","listText":"Like this pls thank you","text":"Like this pls thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/157247520","repostId":"1158933651","repostType":4,"isVote":1,"tweetType":1,"viewCount":287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":154063670,"gmtCreate":1625461051790,"gmtModify":1703742174600,"author":{"id":"3575430322164662","authorId":"3575430322164662","name":"Huilun","avatar":"https://community-static.tradeup.com/news/7b2123526a86ccf17147e6a13387c954","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like this pls thank youuu :)","listText":"Like this pls thank youuu :)","text":"Like this pls thank youuu :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/154063670","repostId":"1169840279","repostType":4,"isVote":1,"tweetType":1,"viewCount":69,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":151726788,"gmtCreate":1625108253144,"gmtModify":1703736321555,"author":{"id":"3575430322164662","authorId":"3575430322164662","name":"Huilun","avatar":"https://community-static.tradeup.com/news/7b2123526a86ccf17147e6a13387c954","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like this pls thank you","listText":"Like this pls thank you","text":"Like this pls thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/151726788","repostId":"1129431555","repostType":4,"isVote":1,"tweetType":1,"viewCount":161,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3573806944936951","authorId":"3573806944936951","name":"Leongny","avatar":"https://static.tigerbbs.com/4bd616003d6a60238752edde650d3e2d","crmLevel":2,"crmLevelSwitch":0},"content":"Done please do the same","text":"Done please do the same","html":"Done please do the same"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166069847,"gmtCreate":1623985625589,"gmtModify":1703825681857,"author":{"id":"3575430322164662","authorId":"3575430322164662","name":"Huilun","avatar":"https://community-static.tradeup.com/news/7b2123526a86ccf17147e6a13387c954","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/166069847","repostId":"2144742421","repostType":4,"isVote":1,"tweetType":1,"viewCount":78,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":361695458,"gmtCreate":1614226635974,"gmtModify":1704889844569,"author":{"id":"3575430322164662","authorId":"3575430322164662","name":"Huilun","avatar":"https://community-static.tradeup.com/news/7b2123526a86ccf17147e6a13387c954","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/361695458","repostId":"1116750750","repostType":4,"repost":{"id":"1116750750","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":1614217562,"share":"https://www.laohu8.com/m/news/1116750750?lang=&edition=full","pubTime":"2021-02-25 09:46","market":"us","language":"en","title":"GameStop rallies again; some puzzle over ice cream cone tweet","url":"https://stock-news.laohu8.com/highlight/detail?id=1116750750","media":"Reuters","summary":"GameStop Corp shares more than doubled in afternoon trading on Wednesday, surprising those who thoug","content":"<p>GameStop Corp shares more than doubled in afternoon trading on Wednesday, surprising those who thought the video game retailer’s stock price would stabilize after a fierce rally and steep dive that upended Wall Street in January.</p>\n<p>The shares soared nearly 104% during the session in which trading was halted several times, then jumped another 85% after hours. The rally began after 2:30 p.m. (1930 GMT).</p>\n<p>Other so-called “stonks” - an intentional misspelling of ‘stocks’ - favored by retail traders on sites such as Reddit’s WallStreetBets, also shot higher. AMC Entertainment Holdings Inc gained 18%, Koss Corp rallied more than 50% and BlackBerry Corp rose nearly 9%. Shares of Canadian cannabis company Tilray Inc gained nearly 13%.</p>\n<p>Analysts could not pinpoint one reason for the sharp move. At least one ruled out a short squeeze like that which fired the “Reddit rally” in January when mom-and-pop investors bought GameStop furiously to punish hedge funds that had bet against the retailer. Some Twitter users pointed to an activist investor’s tweet of an ice cream cone picture. Others cited factors including a reshuffling of top executives and options trading.</p>\n<p>Shortly before 2 p.m., activist investor Ryan Cohen, a major shareholder of GameStop and founder of Chewy.com, tweeted a picture of a McDonald’s ice cream cone with a frog emoji. Some GameStop bulls wondered online whether it was a veiled message that Cohen would fix GameStop’s business, like the fast-food chain fixed its ice cream machines.</p>\n<p>“I don’t know what an ice-cream means,” said Michael Pachter, an analyst covering GameStop at Wedbush Securities. “People are looking for signals.”</p>\n<p>Others pointed to the resignation of GameStop Chief Financial Officer Jim Bell as the company focuses on shifting into technology-driven sales.</p>\n<p>“GameStop announced the resignation of its CFO last night. Some may have taken this as a good sign that RC Ventures is making a difference at the company in terms of trying to accelerate the shift to digital,” said Joseph Feldman, an analyst at Telsey Advisory Group.</p>\n<p>Stephanie Wissink, analyst at Jefferies Research cited her research report noting that the CFO resigned after the company settled with activist investor Ryan Cohen’s RC Ventures. Her note said the chain of stores would likely signal a change in business model by going after “a CFO with a more extensive tech (vs. retail) background.”</p>\n<p>Ihor Dusaniwsky, managing director of predictive analytics at analytics firm S3 Partners, said short covering was “not the predominant reason for this price move.”</p>\n<p>“It’s mostly long buying with short covering sprinkled in to help grease the skids up,” Dusaniwsky said.</p>\n<p>Fewer than 18 million GameStop shares were shorted as of Tuesday, down from over 70 million in early January, according to S3.</p>\n<p>Some said options trading may have amplified the move.</p>\n<p>Henry Schwartz, head of product intelligence at Cboe Global Markets, said the most active options contracts for GameStop were in calls around the $50 and $60 strike prices, expiring Friday. Those contracts began picking up in volume after 11 a.m., Schwartz said, adding that when the stock started jumping after 2:30 p.m., whoever was short those contracts may have had to buy GME stock to hedge their position.</p>\n<p>GameStop devotees on Reddit’s popular WallStreetBets forum expressed surprise.</p>\n<p>“Why is GME going up?” another retail trader asked on WallStreetBets. “Because we like the stock”, another replied, borrowing a line from well-known GameStop backer Keith Gill, known as RoaringKitty.</p>\n<p>Another user posted, “I missed out on GME the first time, I’m not making that mistake again. TO THE MOON”</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>GameStop rallies again; some puzzle over ice cream cone tweet</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\">\nGameStop rallies again; some puzzle over ice cream cone tweet\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\">2021-02-25 09:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>GameStop Corp shares more than doubled in afternoon trading on Wednesday, surprising those who thought the video game retailer’s stock price would stabilize after a fierce rally and steep dive that upended Wall Street in January.</p>\n<p>The shares soared nearly 104% during the session in which trading was halted several times, then jumped another 85% after hours. The rally began after 2:30 p.m. (1930 GMT).</p>\n<p>Other so-called “stonks” - an intentional misspelling of ‘stocks’ - favored by retail traders on sites such as Reddit’s WallStreetBets, also shot higher. AMC Entertainment Holdings Inc gained 18%, Koss Corp rallied more than 50% and BlackBerry Corp rose nearly 9%. Shares of Canadian cannabis company Tilray Inc gained nearly 13%.</p>\n<p>Analysts could not pinpoint one reason for the sharp move. At least one ruled out a short squeeze like that which fired the “Reddit rally” in January when mom-and-pop investors bought GameStop furiously to punish hedge funds that had bet against the retailer. Some Twitter users pointed to an activist investor’s tweet of an ice cream cone picture. Others cited factors including a reshuffling of top executives and options trading.</p>\n<p>Shortly before 2 p.m., activist investor Ryan Cohen, a major shareholder of GameStop and founder of Chewy.com, tweeted a picture of a McDonald’s ice cream cone with a frog emoji. Some GameStop bulls wondered online whether it was a veiled message that Cohen would fix GameStop’s business, like the fast-food chain fixed its ice cream machines.</p>\n<p>“I don’t know what an ice-cream means,” said Michael Pachter, an analyst covering GameStop at Wedbush Securities. “People are looking for signals.”</p>\n<p>Others pointed to the resignation of GameStop Chief Financial Officer Jim Bell as the company focuses on shifting into technology-driven sales.</p>\n<p>“GameStop announced the resignation of its CFO last night. Some may have taken this as a good sign that RC Ventures is making a difference at the company in terms of trying to accelerate the shift to digital,” said Joseph Feldman, an analyst at Telsey Advisory Group.</p>\n<p>Stephanie Wissink, analyst at Jefferies Research cited her research report noting that the CFO resigned after the company settled with activist investor Ryan Cohen’s RC Ventures. Her note said the chain of stores would likely signal a change in business model by going after “a CFO with a more extensive tech (vs. retail) background.”</p>\n<p>Ihor Dusaniwsky, managing director of predictive analytics at analytics firm S3 Partners, said short covering was “not the predominant reason for this price move.”</p>\n<p>“It’s mostly long buying with short covering sprinkled in to help grease the skids up,” Dusaniwsky said.</p>\n<p>Fewer than 18 million GameStop shares were shorted as of Tuesday, down from over 70 million in early January, according to S3.</p>\n<p>Some said options trading may have amplified the move.</p>\n<p>Henry Schwartz, head of product intelligence at Cboe Global Markets, said the most active options contracts for GameStop were in calls around the $50 and $60 strike prices, expiring Friday. Those contracts began picking up in volume after 11 a.m., Schwartz said, adding that when the stock started jumping after 2:30 p.m., whoever was short those contracts may have had to buy GME stock to hedge their position.</p>\n<p>GameStop devotees on Reddit’s popular WallStreetBets forum expressed surprise.</p>\n<p>“Why is GME going up?” another retail trader asked on WallStreetBets. “Because we like the stock”, another replied, borrowing a line from well-known GameStop backer Keith Gill, known as RoaringKitty.</p>\n<p>Another user posted, “I missed out on GME the first time, I’m not making that mistake again. TO THE MOON”</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116750750","content_text":"GameStop Corp shares more than doubled in afternoon trading on Wednesday, surprising those who thought the video game retailer’s stock price would stabilize after a fierce rally and steep dive that upended Wall Street in January.\nThe shares soared nearly 104% during the session in which trading was halted several times, then jumped another 85% after hours. The rally began after 2:30 p.m. (1930 GMT).\nOther so-called “stonks” - an intentional misspelling of ‘stocks’ - favored by retail traders on sites such as Reddit’s WallStreetBets, also shot higher. AMC Entertainment Holdings Inc gained 18%, Koss Corp rallied more than 50% and BlackBerry Corp rose nearly 9%. Shares of Canadian cannabis company Tilray Inc gained nearly 13%.\nAnalysts could not pinpoint one reason for the sharp move. At least one ruled out a short squeeze like that which fired the “Reddit rally” in January when mom-and-pop investors bought GameStop furiously to punish hedge funds that had bet against the retailer. Some Twitter users pointed to an activist investor’s tweet of an ice cream cone picture. Others cited factors including a reshuffling of top executives and options trading.\nShortly before 2 p.m., activist investor Ryan Cohen, a major shareholder of GameStop and founder of Chewy.com, tweeted a picture of a McDonald’s ice cream cone with a frog emoji. Some GameStop bulls wondered online whether it was a veiled message that Cohen would fix GameStop’s business, like the fast-food chain fixed its ice cream machines.\n“I don’t know what an ice-cream means,” said Michael Pachter, an analyst covering GameStop at Wedbush Securities. “People are looking for signals.”\nOthers pointed to the resignation of GameStop Chief Financial Officer Jim Bell as the company focuses on shifting into technology-driven sales.\n“GameStop announced the resignation of its CFO last night. Some may have taken this as a good sign that RC Ventures is making a difference at the company in terms of trying to accelerate the shift to digital,” said Joseph Feldman, an analyst at Telsey Advisory Group.\nStephanie Wissink, analyst at Jefferies Research cited her research report noting that the CFO resigned after the company settled with activist investor Ryan Cohen’s RC Ventures. Her note said the chain of stores would likely signal a change in business model by going after “a CFO with a more extensive tech (vs. retail) background.”\nIhor Dusaniwsky, managing director of predictive analytics at analytics firm S3 Partners, said short covering was “not the predominant reason for this price move.”\n“It’s mostly long buying with short covering sprinkled in to help grease the skids up,” Dusaniwsky said.\nFewer than 18 million GameStop shares were shorted as of Tuesday, down from over 70 million in early January, according to S3.\nSome said options trading may have amplified the move.\nHenry Schwartz, head of product intelligence at Cboe Global Markets, said the most active options contracts for GameStop were in calls around the $50 and $60 strike prices, expiring Friday. Those contracts began picking up in volume after 11 a.m., Schwartz said, adding that when the stock started jumping after 2:30 p.m., whoever was short those contracts may have had to buy GME stock to hedge their position.\nGameStop devotees on Reddit’s popular WallStreetBets forum expressed surprise.\n“Why is GME going up?” another retail trader asked on WallStreetBets. “Because we like the stock”, another replied, borrowing a line from well-known GameStop backer Keith Gill, known as RoaringKitty.\nAnother user posted, “I missed out on GME the first time, I’m not making that mistake again. TO THE MOON”","news_type":1},"isVote":1,"tweetType":1,"viewCount":155,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":369534774,"gmtCreate":1614057067898,"gmtModify":1704887425885,"author":{"id":"3575430322164662","authorId":"3575430322164662","name":"Huilun","avatar":"https://community-static.tradeup.com/news/7b2123526a86ccf17147e6a13387c954","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"What do you guys feel about this?","listText":"What do you guys feel about this?","text":"What do you guys feel about this?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/369534774","repostId":"2113280449","repostType":4,"repost":{"id":"2113280449","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1614056619,"share":"https://www.laohu8.com/m/news/2113280449?lang=&edition=full","pubTime":"2021-02-23 13:03","market":"us","language":"en","title":"Why Apple Will Hit A $3 Trillion Market Cap By The End Of 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2113280449","media":"Benzinga","summary":"Apple Inc shares are on track to hit another milestone in terms of market capitalization, according to Wedbush Securities.The Apple Analyst:Daniel Ives has an Outperform rating and $175 price target on Apple shares, with the bull-case price target at $225.\"Given the fundamental strength we are seeing for this supercycle, coupled by a further re-rating on the horizon, we believe Apple will hit $3 trillion in market cap by year-end,\" Ives wrote in the note.With about 350 million of the 950 million","content":"<p><b>Apple Inc</b>&nbsp;shares are on track to hit another milestone in terms of market capitalization, according to Wedbush Securities.</p>\n<p><b>The Apple Analyst:</b>Daniel Ives has an Outperform rating and $175 price target on Apple shares, with the bull-case price target at $225.</p>\n<p><b>The Apple Thesis:</b>After Apple'sjaw-dropping performancein the December quarter that was reported in late January, the shares of the company have taken a breather,&nbsp;Ives said. The weakness, the analyst said, is a short-term blip on the stock's upward trajectory.</p>\n<p>The positive view is premised on Wedbush's Asia supply chain checks, which point to robust strength in the iPhone 12 supercycle into the rest of 2021.</p>\n<p>\"Given the fundamental strength we are seeing for this supercycle, coupled by a further re-rating on the horizon, we believe Apple will hit $3 trillion in market cap by year-end,\" Ives wrote in the note.</p>\n<p>Based on the current trajectory and in a bull-case scenario, Apple has the potential to sell more than&nbsp;240 million units of iPhones in the fiscal year 2021, the analyst estimates. This is higher than the current consensus forecast of 220 million units and will likely easily eclipse the previous annual record of 230 million units set by the company in the fiscal year 2015.</p>\n<p>With about 350 million of the 950 million iPhones worldwide currently in the window of an upgrade cycle, Ives thinks this will translate to an unprecedented upgrade cycle for Apple.</p>\n<p>ASPs are also shifting higher due to product mix shifting toward the more expensive iPhone Pro, boding well for top-line numbers, heading into the March and June quarters.</p>\n<p>Apple's EV endeavor, according to the firm, is the right strategic move at the right time.</p>\n<p>\"If Apple gets just 5%-10% of share this could represent another major growth pillar within Cupertino and add $30+ per share to Apple's SOTP valuation,\" the firm said.</p>\n<p><b>AAPL Price Target:</b>Apple shares were retreating 2.4% to $126.64 Monday, after having lost about 2% year-to-date.</p>\n<p><img src=\"https://static.tigerbbs.com/8fac62e6983a02890a83935175f6060c\" tg-width=\"1043\" tg-height=\"243\" referrerpolicy=\"no-referrer\"></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>Why Apple Will Hit A $3 Trillion Market Cap By The End Of 2021</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 Apple Will Hit A $3 Trillion Market Cap By The End Of 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-02-23 13:03</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>Apple Inc</b>&nbsp;shares are on track to hit another milestone in terms of market capitalization, according to Wedbush Securities.</p>\n<p><b>The Apple Analyst:</b>Daniel Ives has an Outperform rating and $175 price target on Apple shares, with the bull-case price target at $225.</p>\n<p><b>The Apple Thesis:</b>After Apple'sjaw-dropping performancein the December quarter that was reported in late January, the shares of the company have taken a breather,&nbsp;Ives said. The weakness, the analyst said, is a short-term blip on the stock's upward trajectory.</p>\n<p>The positive view is premised on Wedbush's Asia supply chain checks, which point to robust strength in the iPhone 12 supercycle into the rest of 2021.</p>\n<p>\"Given the fundamental strength we are seeing for this supercycle, coupled by a further re-rating on the horizon, we believe Apple will hit $3 trillion in market cap by year-end,\" Ives wrote in the note.</p>\n<p>Based on the current trajectory and in a bull-case scenario, Apple has the potential to sell more than&nbsp;240 million units of iPhones in the fiscal year 2021, the analyst estimates. This is higher than the current consensus forecast of 220 million units and will likely easily eclipse the previous annual record of 230 million units set by the company in the fiscal year 2015.</p>\n<p>With about 350 million of the 950 million iPhones worldwide currently in the window of an upgrade cycle, Ives thinks this will translate to an unprecedented upgrade cycle for Apple.</p>\n<p>ASPs are also shifting higher due to product mix shifting toward the more expensive iPhone Pro, boding well for top-line numbers, heading into the March and June quarters.</p>\n<p>Apple's EV endeavor, according to the firm, is the right strategic move at the right time.</p>\n<p>\"If Apple gets just 5%-10% of share this could represent another major growth pillar within Cupertino and add $30+ per share to Apple's SOTP valuation,\" the firm said.</p>\n<p><b>AAPL Price Target:</b>Apple shares were retreating 2.4% to $126.64 Monday, after having lost about 2% year-to-date.</p>\n<p><img src=\"https://static.tigerbbs.com/8fac62e6983a02890a83935175f6060c\" tg-width=\"1043\" tg-height=\"243\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2113280449","content_text":"Apple Inc shares are on track to hit another milestone in terms of market capitalization, according to Wedbush Securities.\nThe Apple Analyst:Daniel Ives has an Outperform rating and $175 price target on Apple shares, with the bull-case price target at $225.\nThe Apple Thesis:After Apple'sjaw-dropping performancein the December quarter that was reported in late January, the shares of the company have taken a breather, Ives said. The weakness, the analyst said, is a short-term blip on the stock's upward trajectory.\nThe positive view is premised on Wedbush's Asia supply chain checks, which point to robust strength in the iPhone 12 supercycle into the rest of 2021.\n\"Given the fundamental strength we are seeing for this supercycle, coupled by a further re-rating on the horizon, we believe Apple will hit $3 trillion in market cap by year-end,\" Ives wrote in the note.\nBased on the current trajectory and in a bull-case scenario, Apple has the potential to sell more than 240 million units of iPhones in the fiscal year 2021, the analyst estimates. This is higher than the current consensus forecast of 220 million units and will likely easily eclipse the previous annual record of 230 million units set by the company in the fiscal year 2015.\nWith about 350 million of the 950 million iPhones worldwide currently in the window of an upgrade cycle, Ives thinks this will translate to an unprecedented upgrade cycle for Apple.\nASPs are also shifting higher due to product mix shifting toward the more expensive iPhone Pro, boding well for top-line numbers, heading into the March and June quarters.\nApple's EV endeavor, according to the firm, is the right strategic move at the right time.\n\"If Apple gets just 5%-10% of share this could represent another major growth pillar within Cupertino and add $30+ per share to Apple's SOTP valuation,\" the firm said.\nAAPL Price Target:Apple shares were retreating 2.4% to $126.64 Monday, after having lost about 2% year-to-date.","news_type":1},"isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":369534887,"gmtCreate":1614057004649,"gmtModify":1704887425077,"author":{"id":"3575430322164662","authorId":"3575430322164662","name":"Huilun","avatar":"https://community-static.tradeup.com/news/7b2123526a86ccf17147e6a13387c954","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Can like this pls? Thanks","listText":"Can like this pls? Thanks","text":"Can like this pls? Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/369534887","repostId":"2113280449","repostType":4,"isVote":1,"tweetType":1,"viewCount":224,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":387404830,"gmtCreate":1613767457020,"gmtModify":1704884823147,"author":{"id":"3575430322164662","authorId":"3575430322164662","name":"Huilun","avatar":"https://community-static.tradeup.com/news/7b2123526a86ccf17147e6a13387c954","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Interesting article","listText":"Interesting article","text":"Interesting article","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/387404830","repostId":"1194607255","repostType":4,"repost":{"id":"1194607255","pubTimestamp":1613728971,"share":"https://www.laohu8.com/m/news/1194607255?lang=&edition=full","pubTime":"2021-02-19 18:02","market":"us","language":"en","title":"Uber drivers should be classified as workers not independent contractors, top UK court rules","url":"https://stock-news.laohu8.com/highlight/detail?id=1194607255","media":"cnbc","summary":"LONDON —Uberlost a crucial legal fight in the U.K. on Friday, as the country's Supreme Court upheld ","content":"<div>\n<p>LONDON —Uberlost a crucial legal fight in the U.K. on Friday, as the country's Supreme Court upheld a ruling that its drivers should be classified as workers rather than independent contractors.\nThe ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/19/uk-supreme-court-rules-uber-drivers-are-workers-not-contractors.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Uber drivers should be classified as workers not independent contractors, top UK court rules</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUber drivers should be classified as workers not independent contractors, top UK court rules\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-19 18:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/02/19/uk-supreme-court-rules-uber-drivers-are-workers-not-contractors.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>LONDON —Uberlost a crucial legal fight in the U.K. on Friday, as the country's Supreme Court upheld a ruling that its drivers should be classified as workers rather than independent contractors.\nThe ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/19/uk-supreme-court-rules-uber-drivers-are-workers-not-contractors.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBER":"优步"},"source_url":"https://www.cnbc.com/2021/02/19/uk-supreme-court-rules-uber-drivers-are-workers-not-contractors.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1194607255","content_text":"LONDON —Uberlost a crucial legal fight in the U.K. on Friday, as the country's Supreme Court upheld a ruling that its drivers should be classified as workers rather than independent contractors.\nThe verdict concludes an almost five-year legal battle between Uber and a group of former drivers who claim they were workers entitled to employment rights like a minimum wage, holiday pay and rest breaks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":75,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":387404198,"gmtCreate":1613767435614,"gmtModify":1704884822986,"author":{"id":"3575430322164662","authorId":"3575430322164662","name":"Huilun","avatar":"https://community-static.tradeup.com/news/7b2123526a86ccf17147e6a13387c954","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Interesting&nbsp;","listText":"Interesting&nbsp;","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/387404198","repostId":"1161529893","repostType":4,"repost":{"id":"1161529893","pubTimestamp":1613733842,"share":"https://www.laohu8.com/m/news/1161529893?lang=&edition=full","pubTime":"2021-02-19 19:24","market":"us","language":"en","title":"Goldman Sachs is joining the robo-investing party — should you?","url":"https://stock-news.laohu8.com/highlight/detail?id=1161529893","media":"Marketwatch","summary":"‘Much like in Vegas, the house generally wins,” said Vance Barse, a San Diego, California-based financial advisor who runs a company called Your Dedicated Fiduciary.Robo investing has become increasingly ubiquitous on practically every brokerage platform. Until Tuesday, Goldman Sachs GS, -0.91% restricted its robo-advisory service, Marcus, to people who had at least $10 million to invest.Now anyone with at least $1,000 to invest in can access the same trading algorithms that have been used by so","content":"<blockquote>\n ‘Much like in Vegas, the house generally wins,” said Vance Barse, a San Diego, California-based financial advisor who runs a company called Your Dedicated Fiduciary.\n</blockquote>\n<p>Robo investing has become increasingly ubiquitous on practically every brokerage platform. Until Tuesday, Goldman Sachs GS, -0.91% restricted its robo-advisory service, Marcus, to people who had at least $10 million to invest.</p>\n<p>Now anyone with at least $1,000 to invest in can access the same trading algorithms that have been used by some of Goldman Sachs’ wealthiest clients for a 0.35% annual advisory fee. But investing experts say there are more costs to consider before jumping on the robo-investing train.</p>\n<p>“Much like in Vegas, the house generally wins,” said Vance Barse, a San Diego, California-based financial advisor who runs a company called Your Dedicated Fiduciary.</p>\n<p>Although the 35 basis-point price tag is a “loss leader” to Goldman Sachs, he said companies typically make such offers in order to attract clients to cross-sell them banking products.</p>\n<p>“People forget that banks are ultimately in the business of making money,” he said.</p>\n<p>Goldman Sachs declined to comment.</p>\n<p>The company is among other major financial-services firms offering digital advisers, including Vanguard, Fidelity and Schwab SCHW, +1.03% and startups such as Betterment and Wealthfront.</p>\n<p>Fees for robo advisers can start at around 0.25%, and increase to 1% and above for traditional brokers. A survey of nearly 1,000 financial planners by Inside Information, a trade publication, found that the bigger the portfolio, the lower the percentage clients paid in fees.</p>\n<p>The median annual charge hovered at around 1% for portfolios of $1 million or less, and 0.5% for portfolios worth $5 million to $10 million.</p>\n<p>Robo advisers like those on offer from Goldman Sachs and Betterment differ from robo platforms like Robinhood. The former suggest portfolios focused on exchange-traded funds, while Robinhood allows users to invest in individual ETFs, stocks, options and even cryptocurrencies.</p>\n<p><b>Robo investing as a self-driving car</b></p>\n<p>Consumers have turned to robo-investing at unprecedented levels during the pandemic.</p>\n<p>The rate of new accounts opened jumped between 50% and 300% during the first quarter of 2020 compared to the fourth quarter of last year, according to a May report published by research and advisory firm Aite Group.</p>\n<p>So what is rob-investing? Think of it like a self-driving car.</p>\n<p>You put in your destination, buckle up in the backseat and your driver (robo adviser) will get there. You, the passenger, can’t easily slam the breaks if you fear your driver is leading you in the wrong direction. Nor can you put your foot on the gas pedal if you’re in a rush and want to get to your destination faster.</p>\n<p>Robo-investing platforms use advanced-trading algorithm software to design investment portfolios based on factors such as an individual’s appetite for risk-taking and desired short-term and long-term returns.</p>\n<p>There are over 200 platforms that provide these services charging typically no more than a 0.5% annual advisory fee, compared to the 1% annual fee human investment advisors charge.</p>\n<p>And rather than investing entirely on your own, which can become a second job and lead to emotional investment decisions, robo advisers handle buying and selling assets.</p>\n<p>Cynthia Loh, Schwab vice president of Digital Advice and Innovation, disagrees, and argues that robo investing doesn’t mean giving technology control of your money. Schwab, she said, has a team of investment experts who oversee investment strategy and keep watch during periods of market volatility, although some services have more input from humans than others.</p>\n<p>As she recently wrote on MarketWatch: “One common misconception about automated investing is that choosing a robo adviser essentially means handing control of your money over to robots. The truth is that robo solutions have a combination of automated and human components running things behind the scenes.”</p>\n<p><b>Robos appeal to inexperienced investors</b></p>\n<p>Robo investing tends to appeal to inexperienced investors or ones who don’t have the time or energy to manage their own portfolios. These investors can take comfort in the “set it and forget it approach to investing and overtime let the markets do their thing,” Barse said.</p>\n<p>That makes it much easier to stomach market volatility knowing that you don’t necessarily have to make spur-of-the-moment decisions to buy or sell assets, said Tiffany Lam-Balfour, an investing and retirement specialist at NerdWallet.</p>\n<p>“When you’re investing, you don’t want to keep looking at the market and going ‘Oh I need to get out of this,’” she said. “You want to leave it to the professionals to get you through it because they know what your time horizon is, and they’ll adjust your portfolio automatically for you.”</p>\n<p>That said, “you can’t just expect your investments will only go up. Even if you had the world’s best human financial adviser you can’t expect that.”</p>\n<p>Others disagree, and say robo advisers appeal to older investors. “Planning for and paying yourself in retirement is complex. There are many options out there to help investors through it, and robo investing is one of them,” Loh said.</p>\n<p>“Many thoughtful, long-term investors have discovered that they want a more modern, streamlined, and inexpensive way to invest, and robo investing fits the bill. They are happy to let technology handle the mundane activities that are harder and more time-consuming for investors to do themselves,” she added.</p>\n<p><b>There is often no door to knock on</b></p>\n<p>Your robo adviser only knows what you tell it. The simplistic questionnaire you’re required to fill out will on most robo-investing platforms will collect information on your annual income, desired age to retire and the level of risk you’re willing to take on.</p>\n<p>It won’t however know if you just had a child and would like to begin saving for their education down the road or if you recently lost your job.</p>\n<p>“The question then becomes to whom does that person go to for advice and does that platform offer that and if so, to what level of complexity?” said Barse.</p>\n<p>Not all platforms give individualized investment advice and the hybrid models that do offer advice from a human tend to charge higher annual fees.</p>\n<p>Additionally, a robo adviser won’t necessarily “manage your money with tax efficiency at front of mind,” said Roger Ma, a certified financial planner at Lifelaidout, a New York City-based financial advisory group.</p>\n<p>For instance, one common way investors offset the taxes they pay on long-term investments is by selling assets that have accrued losses. Traditional advisers often specialize in constructing portfolios that lead to the most tax-efficient outcomes, said Ma, who is the author of “Work Your Money, Not Your Life”.</p>\n<p>But with robo investing, the trades that are made for you are the same ones that are being made for a slew of other investors who may fall under a different tax-bracket than you.</p>\n<p>On top of that, while robo investing may feel like a simplistic way to get into investing, especially for beginners it can “overcomplicate investing,” Ma said.</p>\n<p>“If you are just looking to dip your toe in and you want to feel like you’re invested in a diversified portfolio, I wouldn’t say definitely don’t do a robo adviser,” he said.</p>\n<p>Don’t rule out investing through a target-date fund that selects a single fund to invest in and adjusts the position over time based on their investment goals, he added.</p>\n<p>But not everyone can tell the difference between robo advice and advice from a human being. In 2015, MarketWatch asked four prominent robo advisers and four of the traditional, flesh-and-blood variety to construct portfolios for a hypothetical 35-year-old investor with $40,000 to invest.</p>\n<p>The results were, perhaps, surprising for critics of robo advisers. The robots’ suggestions were “not massively different” from what the human advisers proposed, said Michael Kitces, Pinnacle Advisory Group’s research director, after reviewing the results.</p>\n<p></p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman Sachs is joining the robo-investing party — should you?</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\">\nGoldman Sachs is joining the robo-investing party — should you?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-19 19:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/goldman-sachs-is-joining-the-robo-investing-party-should-you-11613658128?mod=home-page><strong>Marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>‘Much like in Vegas, the house generally wins,” said Vance Barse, a San Diego, California-based financial advisor who runs a company called Your Dedicated Fiduciary.\n\nRobo investing has become ...</p>\n\n<a href=\"https://www.marketwatch.com/story/goldman-sachs-is-joining-the-robo-investing-party-should-you-11613658128?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/goldman-sachs-is-joining-the-robo-investing-party-should-you-11613658128?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161529893","content_text":"‘Much like in Vegas, the house generally wins,” said Vance Barse, a San Diego, California-based financial advisor who runs a company called Your Dedicated Fiduciary.\n\nRobo investing has become increasingly ubiquitous on practically every brokerage platform. Until Tuesday, Goldman Sachs GS, -0.91% restricted its robo-advisory service, Marcus, to people who had at least $10 million to invest.\nNow anyone with at least $1,000 to invest in can access the same trading algorithms that have been used by some of Goldman Sachs’ wealthiest clients for a 0.35% annual advisory fee. But investing experts say there are more costs to consider before jumping on the robo-investing train.\n“Much like in Vegas, the house generally wins,” said Vance Barse, a San Diego, California-based financial advisor who runs a company called Your Dedicated Fiduciary.\nAlthough the 35 basis-point price tag is a “loss leader” to Goldman Sachs, he said companies typically make such offers in order to attract clients to cross-sell them banking products.\n“People forget that banks are ultimately in the business of making money,” he said.\nGoldman Sachs declined to comment.\nThe company is among other major financial-services firms offering digital advisers, including Vanguard, Fidelity and Schwab SCHW, +1.03% and startups such as Betterment and Wealthfront.\nFees for robo advisers can start at around 0.25%, and increase to 1% and above for traditional brokers. A survey of nearly 1,000 financial planners by Inside Information, a trade publication, found that the bigger the portfolio, the lower the percentage clients paid in fees.\nThe median annual charge hovered at around 1% for portfolios of $1 million or less, and 0.5% for portfolios worth $5 million to $10 million.\nRobo advisers like those on offer from Goldman Sachs and Betterment differ from robo platforms like Robinhood. The former suggest portfolios focused on exchange-traded funds, while Robinhood allows users to invest in individual ETFs, stocks, options and even cryptocurrencies.\nRobo investing as a self-driving car\nConsumers have turned to robo-investing at unprecedented levels during the pandemic.\nThe rate of new accounts opened jumped between 50% and 300% during the first quarter of 2020 compared to the fourth quarter of last year, according to a May report published by research and advisory firm Aite Group.\nSo what is rob-investing? Think of it like a self-driving car.\nYou put in your destination, buckle up in the backseat and your driver (robo adviser) will get there. You, the passenger, can’t easily slam the breaks if you fear your driver is leading you in the wrong direction. Nor can you put your foot on the gas pedal if you’re in a rush and want to get to your destination faster.\nRobo-investing platforms use advanced-trading algorithm software to design investment portfolios based on factors such as an individual’s appetite for risk-taking and desired short-term and long-term returns.\nThere are over 200 platforms that provide these services charging typically no more than a 0.5% annual advisory fee, compared to the 1% annual fee human investment advisors charge.\nAnd rather than investing entirely on your own, which can become a second job and lead to emotional investment decisions, robo advisers handle buying and selling assets.\nCynthia Loh, Schwab vice president of Digital Advice and Innovation, disagrees, and argues that robo investing doesn’t mean giving technology control of your money. Schwab, she said, has a team of investment experts who oversee investment strategy and keep watch during periods of market volatility, although some services have more input from humans than others.\nAs she recently wrote on MarketWatch: “One common misconception about automated investing is that choosing a robo adviser essentially means handing control of your money over to robots. The truth is that robo solutions have a combination of automated and human components running things behind the scenes.”\nRobos appeal to inexperienced investors\nRobo investing tends to appeal to inexperienced investors or ones who don’t have the time or energy to manage their own portfolios. These investors can take comfort in the “set it and forget it approach to investing and overtime let the markets do their thing,” Barse said.\nThat makes it much easier to stomach market volatility knowing that you don’t necessarily have to make spur-of-the-moment decisions to buy or sell assets, said Tiffany Lam-Balfour, an investing and retirement specialist at NerdWallet.\n“When you’re investing, you don’t want to keep looking at the market and going ‘Oh I need to get out of this,’” she said. “You want to leave it to the professionals to get you through it because they know what your time horizon is, and they’ll adjust your portfolio automatically for you.”\nThat said, “you can’t just expect your investments will only go up. Even if you had the world’s best human financial adviser you can’t expect that.”\nOthers disagree, and say robo advisers appeal to older investors. “Planning for and paying yourself in retirement is complex. There are many options out there to help investors through it, and robo investing is one of them,” Loh said.\n“Many thoughtful, long-term investors have discovered that they want a more modern, streamlined, and inexpensive way to invest, and robo investing fits the bill. They are happy to let technology handle the mundane activities that are harder and more time-consuming for investors to do themselves,” she added.\nThere is often no door to knock on\nYour robo adviser only knows what you tell it. The simplistic questionnaire you’re required to fill out will on most robo-investing platforms will collect information on your annual income, desired age to retire and the level of risk you’re willing to take on.\nIt won’t however know if you just had a child and would like to begin saving for their education down the road or if you recently lost your job.\n“The question then becomes to whom does that person go to for advice and does that platform offer that and if so, to what level of complexity?” said Barse.\nNot all platforms give individualized investment advice and the hybrid models that do offer advice from a human tend to charge higher annual fees.\nAdditionally, a robo adviser won’t necessarily “manage your money with tax efficiency at front of mind,” said Roger Ma, a certified financial planner at Lifelaidout, a New York City-based financial advisory group.\nFor instance, one common way investors offset the taxes they pay on long-term investments is by selling assets that have accrued losses. Traditional advisers often specialize in constructing portfolios that lead to the most tax-efficient outcomes, said Ma, who is the author of “Work Your Money, Not Your Life”.\nBut with robo investing, the trades that are made for you are the same ones that are being made for a slew of other investors who may fall under a different tax-bracket than you.\nOn top of that, while robo investing may feel like a simplistic way to get into investing, especially for beginners it can “overcomplicate investing,” Ma said.\n“If you are just looking to dip your toe in and you want to feel like you’re invested in a diversified portfolio, I wouldn’t say definitely don’t do a robo adviser,” he said.\nDon’t rule out investing through a target-date fund that selects a single fund to invest in and adjusts the position over time based on their investment goals, he added.\nBut not everyone can tell the difference between robo advice and advice from a human being. In 2015, MarketWatch asked four prominent robo advisers and four of the traditional, flesh-and-blood variety to construct portfolios for a hypothetical 35-year-old investor with $40,000 to invest.\nThe results were, perhaps, surprising for critics of robo advisers. The robots’ suggestions were “not massively different” from what the human advisers proposed, said Michael Kitces, Pinnacle Advisory Group’s research director, after reviewing the results.","news_type":1},"isVote":1,"tweetType":1,"viewCount":192,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9026535951,"gmtCreate":1653399509673,"gmtModify":1676535274495,"author":{"id":"3575430322164662","authorId":"3575430322164662","name":"Huilun","avatar":"https://community-static.tradeup.com/news/7b2123526a86ccf17147e6a13387c954","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GOVX\">$GeoVax Labs Inc(GOVX)$</a>Finally one stockthat goes up","listText":"<a href=\"https://ttm.financial/S/GOVX\">$GeoVax Labs Inc(GOVX)$</a>Finally one stockthat goes up","text":"$GeoVax Labs Inc(GOVX)$Finally one stockthat goes up","images":[{"img":"https://community-static.tradeup.com/news/2d4bbebd4467256e0e006db1b6c2596b","width":"1125","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9026535951","isVote":1,"tweetType":1,"viewCount":678,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3578959012207035","authorId":"3578959012207035","name":"Kingcat","avatar":"https://static.itradeup.com/news/74371ec6f5a0cccc9fdecb315dbcbcb7","crmLevel":2,"crmLevelSwitch":1},"content":"congrats! [Like]","text":"congrats! [Like]","html":"congrats! [Like]"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":816413325,"gmtCreate":1630512394767,"gmtModify":1676530327407,"author":{"id":"3575430322164662","authorId":"3575430322164662","name":"Huilun","avatar":"https://community-static.tradeup.com/news/7b2123526a86ccf17147e6a13387c954","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/FCUV\">$Focus Universal, Inc.(FCUV)$</a>Who saw it at$5 but didn’t get it ?✋?","listText":"<a href=\"https://laohu8.com/S/FCUV\">$Focus Universal, Inc.(FCUV)$</a>Who saw it at$5 but didn’t get it ?✋?","text":"$Focus Universal, Inc.(FCUV)$Who saw it at$5 but didn’t get it ?✋?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/816413325","isVote":1,"tweetType":1,"viewCount":2604,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":154063670,"gmtCreate":1625461051790,"gmtModify":1703742174600,"author":{"id":"3575430322164662","authorId":"3575430322164662","name":"Huilun","avatar":"https://community-static.tradeup.com/news/7b2123526a86ccf17147e6a13387c954","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like this pls thank youuu :)","listText":"Like this pls thank youuu :)","text":"Like this pls thank youuu :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/154063670","repostId":"1169840279","repostType":4,"isVote":1,"tweetType":1,"viewCount":69,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":148409224,"gmtCreate":1625997691168,"gmtModify":1703751786233,"author":{"id":"3575430322164662","authorId":"3575430322164662","name":"Huilun","avatar":"https://community-static.tradeup.com/news/7b2123526a86ccf17147e6a13387c954","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like pls tq","listText":"Like pls tq","text":"Like pls tq","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/148409224","repostId":"1112201050","repostType":4,"repost":{"id":"1112201050","pubTimestamp":1625966101,"share":"https://www.laohu8.com/m/news/1112201050?lang=&edition=full","pubTime":"2021-07-11 09:15","market":"us","language":"en","title":"The Meme Stock Trade Is Far From Over. What Investors Need to Know.","url":"https://stock-news.laohu8.com/highlight/detail?id=1112201050","media":"Barrons","summary":"It seemed to be only a matter of time.\nWhen GameStop (ticker: GME), BlackBerry (BB), and even the de","content":"<p>It seemed to be only a matter of time.</p>\n<p>When GameStop (ticker: GME), BlackBerry (BB), and even the desiccated carcass of Blockbuster suddenly sprang to life in January, the clock was already ticking for when they would crash again. Would it be hours, days, or weeks?</p>\n<p>It has now been half a year, and the core “meme stocks” are still trading at levels considered outrageous by people who have studied them for years. New names like&nbsp;Clover Health Investments(CLOV) and&nbsp;Newegg Commerce(NEGG) have recently popped up on message boards, and their stocks have popped, too.</p>\n<p>The collective efforts of millions of retail traders—long derided as “the dumb money”—have successfully held stocks aloft and forced naysayers to capitulate.</p>\n<p>That is true even as the companies they are betting on have shown scant signs of transforming their businesses, or turning profits that might justify their valuations. BlackBerry burned cash in its latest quarter and warned that its key cybersecurity division would hit the low end of its revenue guidance; the stock dipped on the news but has still more than doubled in the past year.</p>\n<p>While trading volume at the big brokers has come down slightly from its February peak, it remains two to three times as high as it was before the pandemic. And a startling amount of that activity is occurring in stocks favored by retail traders. The average daily value of shares traded in&nbsp;AMC Entertainment Holdings(AMC), for example, reached $13.1 billion in June, more than&nbsp;Apple’s(AAPL) $9.5 billion and Amazon.com’s (AMZN) $10.3 billion.</p>\n<p>Even as the coronavirus fades in the U.S., most new traders say they are committed to the hobby they learned during lockdown—58% of day traders in a Betterment survey said they are planning to trade even more in the future, and only 12% plan to trade less. Amateur pandemic bakers have stopped kneading sourdough loaves; traders are only getting hungrier.</p>\n<p>A sustained bear market would spoil such an appetite, as it did when the dot-com bubble burst. For now, dips are reasons to hold or buy.</p>\n<p><img src=\"https://static.tigerbbs.com/25a79e71371c165f9a3a5085931fc487\" tg-width=\"979\" tg-height=\"649\"></p>\n<p>“I’ve seen that the ‘buy the dip’ sentiment hasn’t relented for a moment,” wrote Brandon Luczek, an electronics technician for the U.S. Navy who trades with friends online, in an email to&nbsp;Barron’s.</p>\n<p>The meme stock surge has been propelled by a rise in trading by retail investors. In 2020, online brokers signed clients at a record pace, with more than 10 million people opening new accounts. That record will almost certainly be broken in 2021. Brokers had already added more than 10 million accounts less than halfway into the year, some of the top firms have disclosed.</p>\n<p>Meme stocks are both the cart and the horse of this phenomenon. Their sudden price spikes are driven by new investors, and then that action drives even more new people to invest. Millions of people downloaded investing apps in late January and early February just to be a part of the fun. A recent&nbsp;Charles Schwab(SCHW) survey found that 15% of all current traders began investing after 2020.</p>\n<p><img src=\"https://static.tigerbbs.com/167386c6881a258922ad62caaf7a05f4\" tg-width=\"971\" tg-height=\"644\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/8e29e3041b91070252ab9063d1a11fa2\" tg-width=\"975\" tg-height=\"642\"><img src=\"https://static.tigerbbs.com/f9cc1c0bd6368721c0eca87e25719f16\" tg-width=\"964\" tg-height=\"641\"></p>\n<p>The most prominent player in the surge is Robinhood, which said it had added 5.5 million funded accounts in the first quarter alone. But it isn’t alone. Fidelity, for instance, announced that it had attracted 1.6 million new customers under the age of 35 in the first quarter, 223% more than a year before.</p>\n<p>Under pressure from Robinhood’s zero-commission model, all of the major brokers cut commissions to zero in 2019. That opened the floodgates to a new group of customers—one that may not have as much spare cash to trade but is more active and diverse than its predecessors. And the brokers are cashing in. Fidelity is hoping to attract investors before they even have driver’s licenses, allowing children as young as 13 to open trading accounts. Robinhood is riding the momentum to an initial public offering that analysts expect to value it at more than 10 times its revenue.</p>\n<p>These new customers act differently than their older peers. For years, there was a “big gravitation toward ETFs,” says Chris Larkin, head of trading at E*Trade, which is now owned by Morgan Stanley (MS). But picking single stocks is clearly “the big story of 2021.”</p>\n<p>To be sure, equity exchange-traded funds are still doing well, as investors around the world bet on the pandemic recovery and avoid weak bond yields.</p>\n<p>But ETFs don’t light up the message boards like stocks do. Not that it has been a one-way ride for the top names. GameStop did dip in February, and Wall Street enjoyed a moment of schadenfreude. It didn’t last.</p>\n<p>“Like cicadas, meme traders returned in a wild blaze of activity after being seemingly underground for several months,” wrote Steve Sosnick, chief strategist at Interactive Brokers. Sosnick believes that the meme stocks tend to trade inversely to cryptocurrencies, because their fans rotate from one to the other as the momentum shifts.</p>\n<p>“I don’t think it’s strictly a coincidence that meme stocks roared back to life after a significant correction in Bitcoin and other cryptocurrencies,” he wrote.</p>\n<p>Sosnick considers meme stocks a “sector unto themselves,” one that he segregates on his computer monitor away from other stock tickers.</p>\n<p>Indeed, Wall Street’s reaction to the meme stock revolution has been to isolate the parts of the market that the pros deem irrational. Most short sellers won’t touch the stocks, and analysts are dropping coverage.</p>\n<p>But Wall Street can’t swat the retail army away like cicadas, or count on them disappearing for the next 17 years. Stock trading has permanently shifted. This year, retail activity accounts for 24% of equity volume, up from 15% in 2019. Adherents to the new creed are not passive observers willing to let Wall Street manage the markets.</p>\n<p><img src=\"https://static.tigerbbs.com/710e642d3b685b74f8c9dcaf46ef3e0b\" tg-width=\"968\" tg-height=\"643\"></p>\n<p>“What this really reflects is a reversal of the trends that we saw toward less and less engagement with individual companies,” says Joshua Mitts, a professor at Columbia Law School specializing in securities markets. “Technology is bringing the average investor closer to the companies in which he or she invests, and that’s just taking on new and unpredictable forms.”</p>\n<p>The swings you get can definitely make you feel some sort of way.</p>\n<p>— Matt Kohrs, 26, who streams stock analysis daily on YouTube</p>\n<p>It is now changing the lives of those who got in early and are still riding the names higher.</p>\n<p>Take Matt Kohrs, who had invested in AMC Entertainment early. He quit his job as a programmer in New York in February, moved to Philadelphia, and started streaming&nbsp;stock analysis on YouTube&nbsp;for seven hours a day.</p>\n<p>With 350,000 YouTube followers, it’s paying the bills. With his earnings from ads and from the stock, Kohrs says he can pull down roughly the same salary he made before. But he also knows that relying on earnings from stocks like this is nothing like a 9-to-5 job.</p>\n<p>“The swings you get can definitely make you feel some sort of way,” he says.</p>\n<p>Companies are starting to react more aggressively, too. They are either embracing their new owners or paying meme-ologists to understand the emoji-filled language of the new Wall Street so they can ward them off or appease them.</p>\n<p>AMC even canceled a proposed equity raise this past week because the company apparently didn’t like the vibes it was getting from the Reddit crowd. AMC has already quintupled its share count over the past year. CEO Adam Aron tweeted that he had seen “many yes, many no” reactions to his proposal to issue 25 million more shares, so it will be canceled instead of being presented for a vote at AMC’s annual meeting later this month. The company did not respond to a question on how it had polled shareholders.</p>\n<p>Forget the boardroom. Corporate policy is now being determined in the chat room.</p>\n<p>Big investors are spending more time tracking social-media discussions about stocks. Bank of America found in a survey this year that about 25% of institutions had already been tracking social-media sentiment, but that about 40% are interested in using it going forward.</p>\n<p>In the past few months, Bank of America, Morgan Stanley, and J.P. Morgan have all produced reports on how to trade around the retail action, coming to somewhat different conclusions.</p>\n<p>There can be “alpha in the signal,” as Morgan Stanley put it, but it can take some intense number-crunching to get there. Not all message-board chatter leads to sustained price gains, of course, and retail order flow cannot easily be separated from institutional flow without substantial data analysis. For investors with the tools to pinpoint which stocks retail investors are buying and which they are selling, J.P. Morgan suggests going long on the 20% of stocks with the most buying interest and short on the top 20% in selling interest.</p>\n<p>For now, many of the institutions buying data on social-media sentiment appear to be trying to reduce their risks, as opposed to scouting new opportunities, according to Boris Spiwak of alternative data firm Thinknum, which offers products that track social-media sentiment. “They see it as almost like an insurance policy, to limit their downside risks,” he says.</p>\n<p>For retail traders, the method isn’t always scientific. The action is sustained by a community ethos. And the force behind it is as much emotional and moral as financial.</p>\n<p>New investors say they are motivated by a desire to prove themselves and punish the old guard as much as by profits. They learn from one another about the market, sometimes amplifying or debunking conspiracy theories about Wall Street. Some link the meme-stock movement to continued mistrust of big financial institutions stemming from the 2008 financial crisis.</p>\n<p>“Wall Street brought our economy to its knees, and no one ever got in trouble for it,” says the 26-year-old Kohrs. “So, I think they view this as not only can we make money, but we can also make these hedge funds on Wall Street pay.”</p>\n<p>Claire Hirschberg is a 28-year-old union organizer who bought about $50 worth of GameStop stock on Robinhood in January after hearing about it from friends. She liked the idea, but what really got her excited about it was the reaction of her father, a longtime money manager. “He was so mad I had bought GameStop and was refusing to sell,” she says, laughing. “And that just makes me want to hold it forever.”</p>\n<p>Just like old Wall Street has rituals and codes, the new one does, too. A new investment banking employee learns quickly that you don’t wear a Ferragamo tie until after you make associate. You never leave the office until the managing director does, and you don’t complain about the hours. And the bad guys are the regulators and Sen. Elizabeth Warren, and not in that order.</p>\n<p>The new trading desk—the apps that millions of retail traders now use and the message boards where they congregate—have unspoken rules, too. Publicly acknowledging financial losses is a valiant act, evidence of internal fortitude and belief in the group. You don’t take yourself seriously and you don’t police language. You are part of an army of “apes” or “retards.” You hold through the crashes, even if it means you might lose everything. And the bad guys are the short sellers, the market makers, and the Wall Street elites, in that order.</p>\n<p>The group action is not just for moral support. The trading strategy depends on people keeping up the buying pressure to force a short squeeze or to buy bullish options that trigger what’s known as a gamma squeeze.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/75d79c78a14cc8f297e17397cc54bdb5\" tg-width=\"1260\" tg-height=\"840\"><span>Keith Gill became the face of the Reddit army of retail traders pushing shares of GameStop higher when he appeared virtually before a House Financial Services Committee hearing in February.</span></p>\n<p>Many short sellers say they won’t touch these stocks anymore. But clearly, others aren’t taking that advice and are giving the meme movement oxygen by repeatedly betting against the stocks. AMC’s short interest was at 17% of the stock’s float in mid-June, down from 28% in January, but not by much.</p>\n<p>As the price rises, the shorts can’t help themselves. They start “drooling, with flames coming out of their ears,” says Michael Pachter, a Wedbush Securities analyst who has covered GameStop for years. “What’s kind of shocked me is the definition of insanity, which is doing the same thing over and over and over again and hoping for a different outcome each time, and the shorts keep coming back,” he says. “And [GameStop bull] Keith Gill and his Reddit raiders keep squeezing them, and it keeps working.”</p>\n<p>To beat the short sellers, the Reddit crowd needs to hold together, but the community has been showing cracks at times. The two meme stocks with the most determined fan bases—GameStop and AMC—still have enormous armies of core believers who do not seem easily swayed. But other names seem to have more-fickle backers. Several stocks caught up in the meme madness have come crashing down to earth.Bed Bath &amp; Beyond(BBBY) spiked twice—in late January and early June—but now trades only slightly above its mid-January levels. People who bought during the upswings have lost money.</p>\n<p>Distrust has spread, and some traders worry that wallstreetbets— the original Reddit message board that inspired the GameStop frenzy—has grown so fast that it has lost its original spirit, and potentially grown vulnerable to manipulation. Some have moved to other message boards, like r/superstonk, in hopes of reclaiming the old community’s flavor.</p>\n<p>Travis Rehl, the founder of social-media tracking company Hype Equity, says that he tries to separate possible manipulators from more organic investor sentiment. Hype Equity is usually hired by public-relations firms representing companies that are being talked about online, he says. Now, he sees a growing trend of stocks that suddenly come up on message boards, receive positive chatter, and then disappear.</p>\n<p>“It’s called into question what is a true discussion versus what is something that somebody just wants to pump,” he says. The moderators of wallstreetbets forbid market manipulation on the platform, and Rehl say they appear to work hard to police misinformation. The moderators did not respond to a request from&nbsp;Barron’s&nbsp;for comment.</p>\n<p>“If you can create enough buzz to get a stock that goes up 10%, 20%, even 50% in a short period of time, there’s a tremendous incentive to do that,” Sosnick says.</p>\n<p>The Securities and Exchange Commission is watching for funny business on the message boards. SEC Chairman Gary Gensler and some members of Congress have discussed changing market rules with the intention of adding transparency protecting retail traders—although changes could also anger the retail crowd if they slow down trading or make it more expensive.</p>\n<p>Regulations aren’t the only thing that could deflate this trend. Dan Egan, vice president of behavioral finance and investing at fintech Betterment, thinks the momentum may run out of steam in September. Even “apes” have responsibilities. “Kids start going back to schools; parents are free to go to work again,” he says. “That’s the next time there’s going to be some oxygen pulled out of the room.”</p>\n<p>Traditional investors may be tempted to write off the entire phenomenon as temporary madness inspired by lockdowns and free government money. But that would be a mistake. If zero-commission brokerages and fun with GameStop broke down barriers for millions of new investors to open accounts, it’s almost certainly a good thing, as long as most people bet with money they don’t need immediately. Many new retail traders say they are teaching themselves how to trade, and have begun to diversify their holdings.</p>\n<p>In one form or another, this is the future client base of Wall Street.</p>\n<p>Arizona State University professor Hendrik Bessembinder published groundbreaking&nbsp;research&nbsp;in 2018 that found that “a randomly selected stock in a randomly selected month is more likely to lose money than make money.” In short, picking single stocks and holding a concentrated portfolio tends to be a losing strategy.</p>\n<p>Even so, he’s encouraged by the new wave of trading. “I welcome the increase in retail trading, the idea of the stock market being a place with wide participation,” Bessembinder says. “Economists can’t tell people they shouldn’t get some fun.”</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>The Meme Stock Trade Is Far From Over. 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What Investors Need to Know.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-11 09:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/the-meme-stock-trade-is-far-from-over-what-investors-need-to-know-51625875247?mod=hp_HERO><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It seemed to be only a matter of time.\nWhen GameStop (ticker: GME), BlackBerry (BB), and even the desiccated carcass of Blockbuster suddenly sprang to life in January, the clock was already ticking ...</p>\n\n<a href=\"https://www.barrons.com/articles/the-meme-stock-trade-is-far-from-over-what-investors-need-to-know-51625875247?mod=hp_HERO\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NEGG":"Newegg Comm Inc.","AMC":"AMC院线","SCHW":"嘉信理财","WKHS":"Workhorse Group, Inc.","BBBY":"3B家居","CARV":"卡弗储蓄","BB":"黑莓","CLOV":"Clover Health Corp","MRIN":"Marin Software Inc.","GME":"游戏驿站"},"source_url":"https://www.barrons.com/articles/the-meme-stock-trade-is-far-from-over-what-investors-need-to-know-51625875247?mod=hp_HERO","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112201050","content_text":"It seemed to be only a matter of time.\nWhen GameStop (ticker: GME), BlackBerry (BB), and even the desiccated carcass of Blockbuster suddenly sprang to life in January, the clock was already ticking for when they would crash again. Would it be hours, days, or weeks?\nIt has now been half a year, and the core “meme stocks” are still trading at levels considered outrageous by people who have studied them for years. New names like Clover Health Investments(CLOV) and Newegg Commerce(NEGG) have recently popped up on message boards, and their stocks have popped, too.\nThe collective efforts of millions of retail traders—long derided as “the dumb money”—have successfully held stocks aloft and forced naysayers to capitulate.\nThat is true even as the companies they are betting on have shown scant signs of transforming their businesses, or turning profits that might justify their valuations. BlackBerry burned cash in its latest quarter and warned that its key cybersecurity division would hit the low end of its revenue guidance; the stock dipped on the news but has still more than doubled in the past year.\nWhile trading volume at the big brokers has come down slightly from its February peak, it remains two to three times as high as it was before the pandemic. And a startling amount of that activity is occurring in stocks favored by retail traders. The average daily value of shares traded in AMC Entertainment Holdings(AMC), for example, reached $13.1 billion in June, more than Apple’s(AAPL) $9.5 billion and Amazon.com’s (AMZN) $10.3 billion.\nEven as the coronavirus fades in the U.S., most new traders say they are committed to the hobby they learned during lockdown—58% of day traders in a Betterment survey said they are planning to trade even more in the future, and only 12% plan to trade less. Amateur pandemic bakers have stopped kneading sourdough loaves; traders are only getting hungrier.\nA sustained bear market would spoil such an appetite, as it did when the dot-com bubble burst. For now, dips are reasons to hold or buy.\n\n“I’ve seen that the ‘buy the dip’ sentiment hasn’t relented for a moment,” wrote Brandon Luczek, an electronics technician for the U.S. Navy who trades with friends online, in an email to Barron’s.\nThe meme stock surge has been propelled by a rise in trading by retail investors. In 2020, online brokers signed clients at a record pace, with more than 10 million people opening new accounts. That record will almost certainly be broken in 2021. Brokers had already added more than 10 million accounts less than halfway into the year, some of the top firms have disclosed.\nMeme stocks are both the cart and the horse of this phenomenon. Their sudden price spikes are driven by new investors, and then that action drives even more new people to invest. Millions of people downloaded investing apps in late January and early February just to be a part of the fun. A recent Charles Schwab(SCHW) survey found that 15% of all current traders began investing after 2020.\n\nThe most prominent player in the surge is Robinhood, which said it had added 5.5 million funded accounts in the first quarter alone. But it isn’t alone. Fidelity, for instance, announced that it had attracted 1.6 million new customers under the age of 35 in the first quarter, 223% more than a year before.\nUnder pressure from Robinhood’s zero-commission model, all of the major brokers cut commissions to zero in 2019. That opened the floodgates to a new group of customers—one that may not have as much spare cash to trade but is more active and diverse than its predecessors. And the brokers are cashing in. Fidelity is hoping to attract investors before they even have driver’s licenses, allowing children as young as 13 to open trading accounts. Robinhood is riding the momentum to an initial public offering that analysts expect to value it at more than 10 times its revenue.\nThese new customers act differently than their older peers. For years, there was a “big gravitation toward ETFs,” says Chris Larkin, head of trading at E*Trade, which is now owned by Morgan Stanley (MS). But picking single stocks is clearly “the big story of 2021.”\nTo be sure, equity exchange-traded funds are still doing well, as investors around the world bet on the pandemic recovery and avoid weak bond yields.\nBut ETFs don’t light up the message boards like stocks do. Not that it has been a one-way ride for the top names. GameStop did dip in February, and Wall Street enjoyed a moment of schadenfreude. It didn’t last.\n“Like cicadas, meme traders returned in a wild blaze of activity after being seemingly underground for several months,” wrote Steve Sosnick, chief strategist at Interactive Brokers. Sosnick believes that the meme stocks tend to trade inversely to cryptocurrencies, because their fans rotate from one to the other as the momentum shifts.\n“I don’t think it’s strictly a coincidence that meme stocks roared back to life after a significant correction in Bitcoin and other cryptocurrencies,” he wrote.\nSosnick considers meme stocks a “sector unto themselves,” one that he segregates on his computer monitor away from other stock tickers.\nIndeed, Wall Street’s reaction to the meme stock revolution has been to isolate the parts of the market that the pros deem irrational. Most short sellers won’t touch the stocks, and analysts are dropping coverage.\nBut Wall Street can’t swat the retail army away like cicadas, or count on them disappearing for the next 17 years. Stock trading has permanently shifted. This year, retail activity accounts for 24% of equity volume, up from 15% in 2019. Adherents to the new creed are not passive observers willing to let Wall Street manage the markets.\n\n“What this really reflects is a reversal of the trends that we saw toward less and less engagement with individual companies,” says Joshua Mitts, a professor at Columbia Law School specializing in securities markets. “Technology is bringing the average investor closer to the companies in which he or she invests, and that’s just taking on new and unpredictable forms.”\nThe swings you get can definitely make you feel some sort of way.\n— Matt Kohrs, 26, who streams stock analysis daily on YouTube\nIt is now changing the lives of those who got in early and are still riding the names higher.\nTake Matt Kohrs, who had invested in AMC Entertainment early. He quit his job as a programmer in New York in February, moved to Philadelphia, and started streaming stock analysis on YouTube for seven hours a day.\nWith 350,000 YouTube followers, it’s paying the bills. With his earnings from ads and from the stock, Kohrs says he can pull down roughly the same salary he made before. But he also knows that relying on earnings from stocks like this is nothing like a 9-to-5 job.\n“The swings you get can definitely make you feel some sort of way,” he says.\nCompanies are starting to react more aggressively, too. They are either embracing their new owners or paying meme-ologists to understand the emoji-filled language of the new Wall Street so they can ward them off or appease them.\nAMC even canceled a proposed equity raise this past week because the company apparently didn’t like the vibes it was getting from the Reddit crowd. AMC has already quintupled its share count over the past year. CEO Adam Aron tweeted that he had seen “many yes, many no” reactions to his proposal to issue 25 million more shares, so it will be canceled instead of being presented for a vote at AMC’s annual meeting later this month. The company did not respond to a question on how it had polled shareholders.\nForget the boardroom. Corporate policy is now being determined in the chat room.\nBig investors are spending more time tracking social-media discussions about stocks. Bank of America found in a survey this year that about 25% of institutions had already been tracking social-media sentiment, but that about 40% are interested in using it going forward.\nIn the past few months, Bank of America, Morgan Stanley, and J.P. Morgan have all produced reports on how to trade around the retail action, coming to somewhat different conclusions.\nThere can be “alpha in the signal,” as Morgan Stanley put it, but it can take some intense number-crunching to get there. Not all message-board chatter leads to sustained price gains, of course, and retail order flow cannot easily be separated from institutional flow without substantial data analysis. For investors with the tools to pinpoint which stocks retail investors are buying and which they are selling, J.P. Morgan suggests going long on the 20% of stocks with the most buying interest and short on the top 20% in selling interest.\nFor now, many of the institutions buying data on social-media sentiment appear to be trying to reduce their risks, as opposed to scouting new opportunities, according to Boris Spiwak of alternative data firm Thinknum, which offers products that track social-media sentiment. “They see it as almost like an insurance policy, to limit their downside risks,” he says.\nFor retail traders, the method isn’t always scientific. The action is sustained by a community ethos. And the force behind it is as much emotional and moral as financial.\nNew investors say they are motivated by a desire to prove themselves and punish the old guard as much as by profits. They learn from one another about the market, sometimes amplifying or debunking conspiracy theories about Wall Street. Some link the meme-stock movement to continued mistrust of big financial institutions stemming from the 2008 financial crisis.\n“Wall Street brought our economy to its knees, and no one ever got in trouble for it,” says the 26-year-old Kohrs. “So, I think they view this as not only can we make money, but we can also make these hedge funds on Wall Street pay.”\nClaire Hirschberg is a 28-year-old union organizer who bought about $50 worth of GameStop stock on Robinhood in January after hearing about it from friends. She liked the idea, but what really got her excited about it was the reaction of her father, a longtime money manager. “He was so mad I had bought GameStop and was refusing to sell,” she says, laughing. “And that just makes me want to hold it forever.”\nJust like old Wall Street has rituals and codes, the new one does, too. A new investment banking employee learns quickly that you don’t wear a Ferragamo tie until after you make associate. You never leave the office until the managing director does, and you don’t complain about the hours. And the bad guys are the regulators and Sen. Elizabeth Warren, and not in that order.\nThe new trading desk—the apps that millions of retail traders now use and the message boards where they congregate—have unspoken rules, too. Publicly acknowledging financial losses is a valiant act, evidence of internal fortitude and belief in the group. You don’t take yourself seriously and you don’t police language. You are part of an army of “apes” or “retards.” You hold through the crashes, even if it means you might lose everything. And the bad guys are the short sellers, the market makers, and the Wall Street elites, in that order.\nThe group action is not just for moral support. The trading strategy depends on people keeping up the buying pressure to force a short squeeze or to buy bullish options that trigger what’s known as a gamma squeeze.\nKeith Gill became the face of the Reddit army of retail traders pushing shares of GameStop higher when he appeared virtually before a House Financial Services Committee hearing in February.\nMany short sellers say they won’t touch these stocks anymore. But clearly, others aren’t taking that advice and are giving the meme movement oxygen by repeatedly betting against the stocks. AMC’s short interest was at 17% of the stock’s float in mid-June, down from 28% in January, but not by much.\nAs the price rises, the shorts can’t help themselves. They start “drooling, with flames coming out of their ears,” says Michael Pachter, a Wedbush Securities analyst who has covered GameStop for years. “What’s kind of shocked me is the definition of insanity, which is doing the same thing over and over and over again and hoping for a different outcome each time, and the shorts keep coming back,” he says. “And [GameStop bull] Keith Gill and his Reddit raiders keep squeezing them, and it keeps working.”\nTo beat the short sellers, the Reddit crowd needs to hold together, but the community has been showing cracks at times. The two meme stocks with the most determined fan bases—GameStop and AMC—still have enormous armies of core believers who do not seem easily swayed. But other names seem to have more-fickle backers. Several stocks caught up in the meme madness have come crashing down to earth.Bed Bath & Beyond(BBBY) spiked twice—in late January and early June—but now trades only slightly above its mid-January levels. People who bought during the upswings have lost money.\nDistrust has spread, and some traders worry that wallstreetbets— the original Reddit message board that inspired the GameStop frenzy—has grown so fast that it has lost its original spirit, and potentially grown vulnerable to manipulation. Some have moved to other message boards, like r/superstonk, in hopes of reclaiming the old community’s flavor.\nTravis Rehl, the founder of social-media tracking company Hype Equity, says that he tries to separate possible manipulators from more organic investor sentiment. Hype Equity is usually hired by public-relations firms representing companies that are being talked about online, he says. Now, he sees a growing trend of stocks that suddenly come up on message boards, receive positive chatter, and then disappear.\n“It’s called into question what is a true discussion versus what is something that somebody just wants to pump,” he says. The moderators of wallstreetbets forbid market manipulation on the platform, and Rehl say they appear to work hard to police misinformation. The moderators did not respond to a request from Barron’s for comment.\n“If you can create enough buzz to get a stock that goes up 10%, 20%, even 50% in a short period of time, there’s a tremendous incentive to do that,” Sosnick says.\nThe Securities and Exchange Commission is watching for funny business on the message boards. SEC Chairman Gary Gensler and some members of Congress have discussed changing market rules with the intention of adding transparency protecting retail traders—although changes could also anger the retail crowd if they slow down trading or make it more expensive.\nRegulations aren’t the only thing that could deflate this trend. Dan Egan, vice president of behavioral finance and investing at fintech Betterment, thinks the momentum may run out of steam in September. Even “apes” have responsibilities. “Kids start going back to schools; parents are free to go to work again,” he says. “That’s the next time there’s going to be some oxygen pulled out of the room.”\nTraditional investors may be tempted to write off the entire phenomenon as temporary madness inspired by lockdowns and free government money. But that would be a mistake. If zero-commission brokerages and fun with GameStop broke down barriers for millions of new investors to open accounts, it’s almost certainly a good thing, as long as most people bet with money they don’t need immediately. Many new retail traders say they are teaching themselves how to trade, and have begun to diversify their holdings.\nIn one form or another, this is the future client base of Wall Street.\nArizona State University professor Hendrik Bessembinder published groundbreaking research in 2018 that found that “a randomly selected stock in a randomly selected month is more likely to lose money than make money.” In short, picking single stocks and holding a concentrated portfolio tends to be a losing strategy.\nEven so, he’s encouraged by the new wave of trading. “I welcome the increase in retail trading, the idea of the stock market being a place with wide participation,” Bessembinder says. “Economists can’t tell people they shouldn’t get some fun.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":311,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":388215921,"gmtCreate":1613057409863,"gmtModify":1704877984580,"author":{"id":"3575430322164662","authorId":"3575430322164662","name":"Huilun","avatar":"https://community-static.tradeup.com/news/7b2123526a86ccf17147e6a13387c954","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BLSP\">$Blue Sphere Corp.(BLSP)$</a>?","listText":"<a href=\"https://laohu8.com/S/BLSP\">$Blue Sphere Corp.(BLSP)$</a>?","text":"$Blue Sphere Corp.(BLSP)$?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/388215921","isVote":1,"tweetType":1,"viewCount":8,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141174543,"gmtCreate":1625844359182,"gmtModify":1703749808418,"author":{"id":"3575430322164662","authorId":"3575430322164662","name":"Huilun","avatar":"https://community-static.tradeup.com/news/7b2123526a86ccf17147e6a13387c954","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/141174543","repostId":"2150434370","repostType":4,"isVote":1,"tweetType":1,"viewCount":120,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141175499,"gmtCreate":1625844308911,"gmtModify":1703749807439,"author":{"id":"3575430322164662","authorId":"3575430322164662","name":"Huilun","avatar":"https://community-static.tradeup.com/news/7b2123526a86ccf17147e6a13387c954","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like pls thank you","listText":"Like pls thank you","text":"Like pls thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/141175499","repostId":"1103507901","repostType":4,"repost":{"id":"1103507901","pubTimestamp":1625841943,"share":"https://www.laohu8.com/m/news/1103507901?lang=&edition=full","pubTime":"2021-07-09 22:45","market":"sh","language":"en","title":"Elon Musk’s China Battery Partner Is Now Richer Than Jack Ma","url":"https://stock-news.laohu8.com/highlight/detail?id=1103507901","media":"Bloomberg","summary":"Zeng Yuqun, the founder of the world’s biggest electric-vehicle battery maker, has overtakenJack Mai","content":"<p>Zeng Yuqun, the founder of the world’s biggest electric-vehicle battery maker, has overtakenJack Main the wealth rankings, a symbolic moment in the rise of China’s green billionaires.</p>\n<p>Zeng’s net worth has jumped to $49.5 billion, according to theBloomberg Billionaires Index, as shares ofContemporary Amperex Technology Co. Ltd.surged this year. That exceeds Alibaba Group Holding Ltd. co-founder Ma’s wealth of $48.1 billion and makes Zeng one of the five richest people in Asia for the first time.</p>\n<p>It’s the latest sign of how a new generation of tycoons in China is amassing vast fortunes in the clean-energy boom. Investors havepushed upstocks such as CATL, a key supplier to Tesla Inc., as the country leads the market for electric-vehicle sales and pursues an ambitious policy of reaching carbon neutrality in 2060.</p>\n<p>“The billionaire ranking used to be dominated by real estate tycoons and later tech entrepreneurs, and now we are seeing more from the new energy sector,” said Hao Gao, director of Tsinghua University’s NIFR Global Family Business Research Center. “As the industry leader for electric-vehicle batteries, CATL will benefit most from the carbon emission goal.”</p>\n<p>A spokeswoman for CATL declined to comment on Zeng’s net worth.</p>\n<p>Zeng, 53, who hails from a hillside village in Fujian province in southeast China, built CATL into a battery juggernaut in less than a decade, creating the largest global producer of rechargeable cells for plug-in vehicles.</p>\n<p>Global electric-vehicle battery sales more thandoubledin the first five months of this year from a year earlier, with CATL accounting for 31.2% of the market, the largest share, according to an SNE Research report. New-energy vehicle retail sales in Chinarose9.8% in 2020 to 1.11 million units, according to the China Passenger Car Association.</p>\n<p>BloombergNEFexpectsthe company’s global sales growth to continue, benefiting from economies of scale, a cost-competitive upstream supply chain and an established client base.</p>\n<p>CATL’s stock has surged more than 20-fold since the company went public in Shenzhen in 2018. It’s up 55% this year alone as demand for EVs increases, countries work to reduce carbon emissions and costs tumble. Shares fell 2.4% on Friday.</p>\n<p>CATL trades at more than 100 times estimated earnings, compared with about 13 times for competitorPanasonic Corp.</p>\n<p>In addition to Tesla, CATL counts BMW AG and Volkswagen AG among its customers. In an interview last year, Zengsaidhe and Tesla Chief Executive OfficerElon Musktext about technology, Covid-19 and Musk’s main interest: cheaper batteries and cars.</p>\n<p>Zeng, who earned a doctorate in condensed matter physics from the Chinese Academy of Science in Beijing, isn’t the only billionaire who’s benefiting from the surge in CATL’s stock.Huang Shilin, a vice chairman of the company, is worth more than $21 billion, whileLi Ping, who’s also a vice chairman, has an $8.5 billion fortune.</p>\n<p>As Zeng’s star rises, Ma’s has been on the wane. The value of Ma’s fintech arm Ant Group Co. hasplummetedsince the former English teacher openly pushed back against Beijing, prompting Chinese authorities to quash the company’s plans for a huge initial public offering. Ma, 56, has all but dropped from public view, and has lost $2.5 billion in wealth this year.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk’s China Battery Partner Is Now Richer Than Jack Ma</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\">\nElon Musk’s China Battery Partner Is Now Richer Than Jack Ma\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-09 22:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-07-08/elon-musk-s-battery-partner-in-china-is-now-richer-than-jack-ma><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Zeng Yuqun, the founder of the world’s biggest electric-vehicle battery maker, has overtakenJack Main the wealth rankings, a symbolic moment in the rise of China’s green billionaires.\nZeng’s net worth...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-08/elon-musk-s-battery-partner-in-china-is-now-richer-than-jack-ma\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"300750":"宁德时代"},"source_url":"https://www.bloomberg.com/news/articles/2021-07-08/elon-musk-s-battery-partner-in-china-is-now-richer-than-jack-ma","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103507901","content_text":"Zeng Yuqun, the founder of the world’s biggest electric-vehicle battery maker, has overtakenJack Main the wealth rankings, a symbolic moment in the rise of China’s green billionaires.\nZeng’s net worth has jumped to $49.5 billion, according to theBloomberg Billionaires Index, as shares ofContemporary Amperex Technology Co. Ltd.surged this year. That exceeds Alibaba Group Holding Ltd. co-founder Ma’s wealth of $48.1 billion and makes Zeng one of the five richest people in Asia for the first time.\nIt’s the latest sign of how a new generation of tycoons in China is amassing vast fortunes in the clean-energy boom. Investors havepushed upstocks such as CATL, a key supplier to Tesla Inc., as the country leads the market for electric-vehicle sales and pursues an ambitious policy of reaching carbon neutrality in 2060.\n“The billionaire ranking used to be dominated by real estate tycoons and later tech entrepreneurs, and now we are seeing more from the new energy sector,” said Hao Gao, director of Tsinghua University’s NIFR Global Family Business Research Center. “As the industry leader for electric-vehicle batteries, CATL will benefit most from the carbon emission goal.”\nA spokeswoman for CATL declined to comment on Zeng’s net worth.\nZeng, 53, who hails from a hillside village in Fujian province in southeast China, built CATL into a battery juggernaut in less than a decade, creating the largest global producer of rechargeable cells for plug-in vehicles.\nGlobal electric-vehicle battery sales more thandoubledin the first five months of this year from a year earlier, with CATL accounting for 31.2% of the market, the largest share, according to an SNE Research report. New-energy vehicle retail sales in Chinarose9.8% in 2020 to 1.11 million units, according to the China Passenger Car Association.\nBloombergNEFexpectsthe company’s global sales growth to continue, benefiting from economies of scale, a cost-competitive upstream supply chain and an established client base.\nCATL’s stock has surged more than 20-fold since the company went public in Shenzhen in 2018. It’s up 55% this year alone as demand for EVs increases, countries work to reduce carbon emissions and costs tumble. Shares fell 2.4% on Friday.\nCATL trades at more than 100 times estimated earnings, compared with about 13 times for competitorPanasonic Corp.\nIn addition to Tesla, CATL counts BMW AG and Volkswagen AG among its customers. In an interview last year, Zengsaidhe and Tesla Chief Executive OfficerElon Musktext about technology, Covid-19 and Musk’s main interest: cheaper batteries and cars.\nZeng, who earned a doctorate in condensed matter physics from the Chinese Academy of Science in Beijing, isn’t the only billionaire who’s benefiting from the surge in CATL’s stock.Huang Shilin, a vice chairman of the company, is worth more than $21 billion, whileLi Ping, who’s also a vice chairman, has an $8.5 billion fortune.\nAs Zeng’s star rises, Ma’s has been on the wane. The value of Ma’s fintech arm Ant Group Co. hasplummetedsince the former English teacher openly pushed back against Beijing, prompting Chinese authorities to quash the company’s plans for a huge initial public offering. Ma, 56, has all but dropped from public view, and has lost $2.5 billion in wealth this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":239,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":157247520,"gmtCreate":1625585398960,"gmtModify":1703744494243,"author":{"id":"3575430322164662","authorId":"3575430322164662","name":"Huilun","avatar":"https://community-static.tradeup.com/news/7b2123526a86ccf17147e6a13387c954","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like this pls thank you","listText":"Like this pls thank you","text":"Like this pls thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/157247520","repostId":"1158933651","repostType":4,"isVote":1,"tweetType":1,"viewCount":287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":151726788,"gmtCreate":1625108253144,"gmtModify":1703736321555,"author":{"id":"3575430322164662","authorId":"3575430322164662","name":"Huilun","avatar":"https://community-static.tradeup.com/news/7b2123526a86ccf17147e6a13387c954","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like this pls thank you","listText":"Like this pls thank you","text":"Like this pls thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/151726788","repostId":"1129431555","repostType":4,"repost":{"id":"1129431555","pubTimestamp":1625108041,"share":"https://www.laohu8.com/m/news/1129431555?lang=&edition=full","pubTime":"2021-07-01 10:54","market":"us","language":"en","title":"Acumen Pharmaceuticals Pursues $125 Million IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1129431555","media":"seekingalpha","summary":"Summary\n\nAcumen Pharmaceuticals has filed proposed terms for a $125 million IPO.\nThe firm is develop","content":"<p><b>Summary</b></p>\n<ul>\n <li>Acumen Pharmaceuticals has filed proposed terms for a $125 million IPO.</li>\n <li>The firm is developing a treatment for Alzheimer's Disease.</li>\n <li>ABOS is researching a notoriously difficult area, so the IPO is extremely high risk; I'll watch it from the sidelines.</li>\n</ul>\n<p><b>Quick Take</b></p>\n<p>Acumen Pharmaceuticals (ABOS) has filed to raise $125 million in an IPO of its common stock, according to an S-1/Aregistration statement.</p>\n<p>The firm is a clinical stage biopharma developing a treatment candidate for patients with Alzheimer's disease [AD].</p>\n<p>ABOS is operating in a notoriously difficult research area so its chances for meaningful success are extremely low.</p>\n<p>I'll pass on the IPO.</p>\n<p><b>Company &amp; Technology</b></p>\n<p>Charlottesville, Virginia-based Acumen was founded to develop a treatment focused on amyloid-beta oligomers, or ABOS, which management believes are the most toxic form of amyloid-beta.</p>\n<p>Management is headed by president and CEO Daniel O'Connell, who has been with the firm since 2014 and was previously co-founder and CEO of Functional NeuroModulation Ltd.</p>\n<p>The firm's primary candidate, ACU193, just started its Phase 1 safety trial with patients with mild dementia or mild cognitive impairment.</p>\n<p>ABOS expects Phase 1 data to be published not until sometime in 2022.</p>\n<p>Investors in the firm have invested at least $57 million in equity investment and include RA Capital Management, PBM Capital, Robert Hardie, Sands Capital Management, James Murray Jr. and Knollwood Investment.</p>\n<p><b>Market &amp; Competition</b></p>\n<p>According to a 2020 marketresearch reportby Market Insight Reports, the global market for Alzheimer's Disease was an estimated $2.9 billion in 2018 and is expected to reach $10.5 billion by 2025.</p>\n<p>This represents a forecast CAGR (Compound Annual Growth Rate) of 17.5% from 2019 to 2025.</p>\n<p>Key elements driving this expected growth are the aging global population and increasing incidence of Alzheimer's and related dementia diseases.</p>\n<p>Also, there are numerous early stage through major pharmaceutical firms developing treatments in the difficult to succeed area.</p>\n<p>Major competitive vendors that provide or are developing related treatments include:</p>\n<ul>\n <li>Alzheon</li>\n <li>Alzinova</li>\n <li>Chugai Pharmaceuticals</li>\n <li>Cognition Therapeutics</li>\n <li>Eisai</li>\n <li>Eli Lilly</li>\n <li>Grifols</li>\n <li>KalGene Pharmaceuticals</li>\n <li>Neurimmune AG</li>\n <li>Wren Therapeutics</li>\n <li>AbbVie</li>\n <li>Johnson &amp; Johnson</li>\n <li>Others</li>\n</ul>\n<p><b>Financial Status</b></p>\n<p>Acumen's recent financial results are typical of an early stage biopharma firm in that they feature little revenue and significant R&amp;D and G&amp;A expenses associated with its development efforts.</p>\n<p>Below are the company's financial results for the past two and 1/4 years:</p>\n<p><img src=\"https://static.tigerbbs.com/ab335118be71a46f461cc9c10b58da47\" tg-width=\"1280\" tg-height=\"817\" referrerpolicy=\"no-referrer\"></p>\n<p>As of March 31, 2021, the company had $41.4 million in cash and $31.2 million in total liabilities.</p>\n<p><b>IPO Details</b></p>\n<p>Acumen intends to raise $125 million in gross proceeds from an IPO of its common stock, offering 8.3 million shares at $15.00 per share.</p>\n<p>No existing shareholders have indicated an interest to purchase shares at the IPO price.</p>\n<p>Assuming a successful IPO, the company's enterprise value at IPO (ex. underwriter options) would approximate $370.6 million, excluding the effects of underwriter over-allotment options.</p>\n<p>Excluding effects of underwriter options and private placement shares or restricted stock, if any, the float to outstanding shares ratio will be approximately 22.53%.</p>\n<p>Management says it will use the net proceeds from the IPO as follows:</p>\n<blockquote>\n <ul>\n  <li>approximately $75.0 million to fund the completion of our ongoing Phase 1 clinical trial of ACU193 and, subject to the successful completion of that trial, the Phase 2 portion of a future Phase 2/3 adaptive trial of ACU193;</li>\n  <li>approximately $30.0 million to fund chemistry, manufacturing and other research and development activities; and</li>\n  <li>the remainder for working capital and other general corporate purposes.</li>\n </ul>\n</blockquote>\n<p>Management's presentation of the company roadshow isavailable here.</p>\n<p>Listed bookrunners of the IPO are BofA Securities, Credit Suisse, Stifel and UBS Investment Bank.</p>\n<p><b>Commentary</b></p>\n<p>Acumen is seeking public capital market funding to advance its sole product through clinical trials.</p>\n<p>The firm's lead candidate, ACU193, recently started its Phase 1 safety trial with patients with mild dementia or mild cognitive impairment. ABOS expects Phase 1 data to be published not until sometime in 2022 at the earliest.</p>\n<p>The market opportunity for treating Alzheimer's disease is large and expected to grow substantially due to an aging global population. The number of Baby Boomers retiring in the U.S. is estimated at 10,000 each day.</p>\n<p>Management has disclosed no major pharma firm collaboration agreements.</p>\n<p>The company's investor syndicate does not include any mainline life science venture capital firms, although it does include RA Capital Management, a frequent investor in life science firms.</p>\n<p>BofA Securities is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 42.9% since their IPO. This is a top-tier performance for all major underwriters during the period.</p>\n<p>As for valuation, management is asking IPO investors to pay an Enterprise Value of approximately $371 million, in the middle of the typical range for clinical biopharma firms at IPO.</p>\n<p>I'm leery of neurological life science firms, especially those operating in the dementia related spaces such as Alzheimer's as these areas have proven exceedingly difficult for even deep-pocketed major pharma firms to make any progress in.</p>\n<p>While I wish the firm well, I'll watch the IPO from the sidelines.</p>\n<p>Expected IPO Pricing Date: June 30, 2021</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Acumen Pharmaceuticals Pursues $125 Million IPO</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\">\nAcumen Pharmaceuticals Pursues $125 Million IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 10:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4437332-acumen-pharmaceuticals-pursues-125-million-ipo><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAcumen Pharmaceuticals has filed proposed terms for a $125 million IPO.\nThe firm is developing a treatment for Alzheimer's Disease.\nABOS is researching a notoriously difficult area, so the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4437332-acumen-pharmaceuticals-pursues-125-million-ipo\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ABOS":"Acumen Pharmaceuticals, Inc."},"source_url":"https://seekingalpha.com/article/4437332-acumen-pharmaceuticals-pursues-125-million-ipo","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1129431555","content_text":"Summary\n\nAcumen Pharmaceuticals has filed proposed terms for a $125 million IPO.\nThe firm is developing a treatment for Alzheimer's Disease.\nABOS is researching a notoriously difficult area, so the IPO is extremely high risk; I'll watch it from the sidelines.\n\nQuick Take\nAcumen Pharmaceuticals (ABOS) has filed to raise $125 million in an IPO of its common stock, according to an S-1/Aregistration statement.\nThe firm is a clinical stage biopharma developing a treatment candidate for patients with Alzheimer's disease [AD].\nABOS is operating in a notoriously difficult research area so its chances for meaningful success are extremely low.\nI'll pass on the IPO.\nCompany & Technology\nCharlottesville, Virginia-based Acumen was founded to develop a treatment focused on amyloid-beta oligomers, or ABOS, which management believes are the most toxic form of amyloid-beta.\nManagement is headed by president and CEO Daniel O'Connell, who has been with the firm since 2014 and was previously co-founder and CEO of Functional NeuroModulation Ltd.\nThe firm's primary candidate, ACU193, just started its Phase 1 safety trial with patients with mild dementia or mild cognitive impairment.\nABOS expects Phase 1 data to be published not until sometime in 2022.\nInvestors in the firm have invested at least $57 million in equity investment and include RA Capital Management, PBM Capital, Robert Hardie, Sands Capital Management, James Murray Jr. and Knollwood Investment.\nMarket & Competition\nAccording to a 2020 marketresearch reportby Market Insight Reports, the global market for Alzheimer's Disease was an estimated $2.9 billion in 2018 and is expected to reach $10.5 billion by 2025.\nThis represents a forecast CAGR (Compound Annual Growth Rate) of 17.5% from 2019 to 2025.\nKey elements driving this expected growth are the aging global population and increasing incidence of Alzheimer's and related dementia diseases.\nAlso, there are numerous early stage through major pharmaceutical firms developing treatments in the difficult to succeed area.\nMajor competitive vendors that provide or are developing related treatments include:\n\nAlzheon\nAlzinova\nChugai Pharmaceuticals\nCognition Therapeutics\nEisai\nEli Lilly\nGrifols\nKalGene Pharmaceuticals\nNeurimmune AG\nWren Therapeutics\nAbbVie\nJohnson & Johnson\nOthers\n\nFinancial Status\nAcumen's recent financial results are typical of an early stage biopharma firm in that they feature little revenue and significant R&D and G&A expenses associated with its development efforts.\nBelow are the company's financial results for the past two and 1/4 years:\n\nAs of March 31, 2021, the company had $41.4 million in cash and $31.2 million in total liabilities.\nIPO Details\nAcumen intends to raise $125 million in gross proceeds from an IPO of its common stock, offering 8.3 million shares at $15.00 per share.\nNo existing shareholders have indicated an interest to purchase shares at the IPO price.\nAssuming a successful IPO, the company's enterprise value at IPO (ex. underwriter options) would approximate $370.6 million, excluding the effects of underwriter over-allotment options.\nExcluding effects of underwriter options and private placement shares or restricted stock, if any, the float to outstanding shares ratio will be approximately 22.53%.\nManagement says it will use the net proceeds from the IPO as follows:\n\n\napproximately $75.0 million to fund the completion of our ongoing Phase 1 clinical trial of ACU193 and, subject to the successful completion of that trial, the Phase 2 portion of a future Phase 2/3 adaptive trial of ACU193;\napproximately $30.0 million to fund chemistry, manufacturing and other research and development activities; and\nthe remainder for working capital and other general corporate purposes.\n\n\nManagement's presentation of the company roadshow isavailable here.\nListed bookrunners of the IPO are BofA Securities, Credit Suisse, Stifel and UBS Investment Bank.\nCommentary\nAcumen is seeking public capital market funding to advance its sole product through clinical trials.\nThe firm's lead candidate, ACU193, recently started its Phase 1 safety trial with patients with mild dementia or mild cognitive impairment. ABOS expects Phase 1 data to be published not until sometime in 2022 at the earliest.\nThe market opportunity for treating Alzheimer's disease is large and expected to grow substantially due to an aging global population. The number of Baby Boomers retiring in the U.S. is estimated at 10,000 each day.\nManagement has disclosed no major pharma firm collaboration agreements.\nThe company's investor syndicate does not include any mainline life science venture capital firms, although it does include RA Capital Management, a frequent investor in life science firms.\nBofA Securities is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 42.9% since their IPO. This is a top-tier performance for all major underwriters during the period.\nAs for valuation, management is asking IPO investors to pay an Enterprise Value of approximately $371 million, in the middle of the typical range for clinical biopharma firms at IPO.\nI'm leery of neurological life science firms, especially those operating in the dementia related spaces such as Alzheimer's as these areas have proven exceedingly difficult for even deep-pocketed major pharma firms to make any progress in.\nWhile I wish the firm well, I'll watch the IPO from the sidelines.\nExpected IPO Pricing Date: June 30, 2021","news_type":1},"isVote":1,"tweetType":1,"viewCount":161,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3573806944936951","authorId":"3573806944936951","name":"Leongny","avatar":"https://static.tigerbbs.com/4bd616003d6a60238752edde650d3e2d","crmLevel":2,"crmLevelSwitch":0},"content":"Done please do the same","text":"Done please do the same","html":"Done please do the same"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":381347683,"gmtCreate":1612938252442,"gmtModify":1704876227577,"author":{"id":"3575430322164662","authorId":"3575430322164662","name":"Huilun","avatar":"https://community-static.tradeup.com/news/7b2123526a86ccf17147e6a13387c954","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BLSP\">$Blue Sphere Corp.(BLSP)$</a>?","listText":"<a href=\"https://laohu8.com/S/BLSP\">$Blue Sphere Corp.(BLSP)$</a>?","text":"$Blue Sphere Corp.(BLSP)$?","images":[{"img":"https://static.tigerbbs.com/998a28199834ccaa2eb97f1cf88dbeea","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/381347683","isVote":1,"tweetType":1,"viewCount":577,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":380517015,"gmtCreate":1612552289137,"gmtModify":1704872854716,"author":{"id":"3575430322164662","authorId":"3575430322164662","name":"Huilun","avatar":"https://community-static.tradeup.com/news/7b2123526a86ccf17147e6a13387c954","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ALPP\">$Alpine 4 Technologies Ltd.(ALPP)$</a>Can’t wait for listing on NASDAQ","listText":"<a href=\"https://laohu8.com/S/ALPP\">$Alpine 4 Technologies Ltd.(ALPP)$</a>Can’t wait for listing on NASDAQ","text":"$Alpine 4 Technologies Ltd.(ALPP)$Can’t wait for listing on NASDAQ","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/380517015","isVote":1,"tweetType":1,"viewCount":8,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9042395070,"gmtCreate":1656429577890,"gmtModify":1676535826873,"author":{"id":"3575430322164662","authorId":"3575430322164662","name":"Huilun","avatar":"https://community-static.tradeup.com/news/7b2123526a86ccf17147e6a13387c954","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/ENDP\">$Endo International PLC(ENDP)$</a>Another quick play?","listText":"<a href=\"https://ttm.financial/S/ENDP\">$Endo International PLC(ENDP)$</a>Another quick play?","text":"$Endo International PLC(ENDP)$Another quick play?","images":[{"img":"https://community-static.tradeup.com/news/496c011d228954e59f4a5af10ecaa4a6","width":"1125","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9042395070","isVote":1,"tweetType":1,"viewCount":222,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":166069847,"gmtCreate":1623985625589,"gmtModify":1703825681857,"author":{"id":"3575430322164662","authorId":"3575430322164662","name":"Huilun","avatar":"https://community-static.tradeup.com/news/7b2123526a86ccf17147e6a13387c954","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/166069847","repostId":"2144742421","repostType":4,"repost":{"id":"2144742421","pubTimestamp":1623984606,"share":"https://www.laohu8.com/m/news/2144742421?lang=&edition=full","pubTime":"2021-06-18 10:50","market":"us","language":"en","title":"1 Robinhood Stock That Could Crush Dogecoin","url":"https://stock-news.laohu8.com/highlight/detail?id=2144742421","media":"Motley Fool","summary":"The future looks bright for this tech company.","content":"<p>Aside from their popularity on Robinhood, <b>Dogecoin</b> (CRYPTO:DOGE) and <b>Palantir Technologies</b> (NYSE:PLTR) have <a href=\"https://laohu8.com/S/AONE\">one</a> more thing in common: Both received their names in rather amusing ways.</p>\n<p>Jackson Palmer came up with Dogecoin while switching between two browser tabs: <a href=\"https://laohu8.com/S/AONE.U\">one</a> an article about the Doge meme, the other a popular cryptocurrency site. Similarly, Palantir takes its name from an indestructible, far-seeing crystal ball in <i>The Lord of the Rings</i>.</p>\n<p>While both have humorous origin stories, only one looks like a good long-term investment -- and it's not Dogecoin. Here's why.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4876c80a850ed8ca69b70c4830a75de3\" tg-width=\"700\" tg-height=\"466\"><span>The mascot of Dogecoin. Image source: Getty Images.</span></p>\n<h2>Dogecoin</h2>\n<p>Dogecoin has captivated investors, and it's easy to understand why. Almost overnight, this meme currency became a millionaire-maker -- its value has rocketed 5,600% since January. Even so, there is nothing special about Dogecoin, and no logical reason for its soaring price.</p>\n<p>It isn't the most valuable cryptocurrency, like <b>Bitcoin </b>(CRYPTO: BTC); it doesn't offer instant transactions like <b>Oxen </b>does;, and it doesn't support smart contracts and decentralized financial (DeFi) services, like <b>Ethereum</b>&nbsp;(CRYPTO:ETH)&nbsp;does. Moreover, even if all those problems vanished, the meme currency would still have a scalability problem.</p>\n<p>The Dogecoin blockchain currently handles 0.31 transactions per second&nbsp;(TPS). By comparison, <b><a href=\"https://laohu8.com/S/V\">Visa</a></b>'s network can support up to 65,000 TPS, and cryptocurrencies like <b>Cardano</b> can theoretically handle up to 1 million TPS.</p>\n<p>Put simply, the only remarkable thing about Dogecoin is the level of support it's garnered on social platforms like Reddit and <b><a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b>. But popularity alone is not a good reason to invest. So if you're looking to buy a lottery ticket, Dogecoin is a good choice. But if you're trying to build wealth over the long term, I would look elsewhere.</p>\n<h2>Palantir</h2>\n<p>Palantir specializes in big data analytics. In 2003, the company got its start building software for the U.S. intelligence community. Specifically, its platform was used to connect siloed data sets across the CIA and FBI, allowing government agents to work more efficiently.</p>\n<p>But private firms use Palantir, too. In 2005, its analytics tools were used to sift through troves of data during the Bernie Madoff investigation. Ultimately, Palantir played a crucial role in his conviction for securities fraud.</p>\n<p>More recently, Palantir partnered with robotics specialist Sarcos. Its software will help the company build mechanized suits for military and industrial workers. If you're picturing <i>Iron Man</i>, that's pretty accurate.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/311e6e26f35fba3ceebfdc31e63e6b36\" tg-width=\"700\" tg-height=\"413\"><span>Image source: Getty Images.</span></p>\n<p>While the company's history is interesting, it also gives Palantir an advantage over virtually every competitor. Case in point: Data privacy is of crucial importance in any application, but that's especially true with classified government intelligence. If Palantir's platform met the security standards of the CIA and FBI, it should be good enough for almost anyone.</p>\n<p>In the first quarter, Palantir delivered strong results. Revenue popped 49%&nbsp;to $341 million, driven by strong traction with both commercial and government clients in the United States. Gross margin jumped 600 basis points to 78%, underscoring its potential profitability.</p>\n<p>That being said, Palantir is not currently profitable according to generally accepted accounting principles (GAAP). But the company did generate positive free cash flow of $116 million in the first quarter, a significant improvement over the $290 million it burned in the prior-year period.</p>\n<p>Looking ahead, Palantir's growing ecosystem of independent software vendors, cloud service providers, and systems integrators should help the company win new contracts in both the government and commercial sectors. Global digitization should be a tailwind: As enterprises look to differentiate themselves, the ability to draw insights from proprietary data should become more important, and that should drive demand for Palantir's software.</p>\n<p>Given these catalysts, management is forecasting revenue growth of at least 30%&nbsp;per year through 2025. However, given the company's performance in recent quarters, that's probably a lowball estimate. Regardless, I think Palantir will be worth twice what it is today by 2025, but I can't say the same for Dogecoin.</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>1 Robinhood Stock That Could Crush Dogecoin</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\">\n1 Robinhood Stock That Could Crush Dogecoin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 10:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/17/1-robinhood-stock-that-could-crush-dogecoin/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Aside from their popularity on Robinhood, Dogecoin (CRYPTO:DOGE) and Palantir Technologies (NYSE:PLTR) have one more thing in common: Both received their names in rather amusing ways.\nJackson Palmer ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/17/1-robinhood-stock-that-could-crush-dogecoin/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://www.fool.com/investing/2021/06/17/1-robinhood-stock-that-could-crush-dogecoin/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144742421","content_text":"Aside from their popularity on Robinhood, Dogecoin (CRYPTO:DOGE) and Palantir Technologies (NYSE:PLTR) have one more thing in common: Both received their names in rather amusing ways.\nJackson Palmer came up with Dogecoin while switching between two browser tabs: one an article about the Doge meme, the other a popular cryptocurrency site. Similarly, Palantir takes its name from an indestructible, far-seeing crystal ball in The Lord of the Rings.\nWhile both have humorous origin stories, only one looks like a good long-term investment -- and it's not Dogecoin. Here's why.\nThe mascot of Dogecoin. Image source: Getty Images.\nDogecoin\nDogecoin has captivated investors, and it's easy to understand why. Almost overnight, this meme currency became a millionaire-maker -- its value has rocketed 5,600% since January. Even so, there is nothing special about Dogecoin, and no logical reason for its soaring price.\nIt isn't the most valuable cryptocurrency, like Bitcoin (CRYPTO: BTC); it doesn't offer instant transactions like Oxen does;, and it doesn't support smart contracts and decentralized financial (DeFi) services, like Ethereum (CRYPTO:ETH) does. Moreover, even if all those problems vanished, the meme currency would still have a scalability problem.\nThe Dogecoin blockchain currently handles 0.31 transactions per second (TPS). By comparison, Visa's network can support up to 65,000 TPS, and cryptocurrencies like Cardano can theoretically handle up to 1 million TPS.\nPut simply, the only remarkable thing about Dogecoin is the level of support it's garnered on social platforms like Reddit and Twitter. But popularity alone is not a good reason to invest. So if you're looking to buy a lottery ticket, Dogecoin is a good choice. But if you're trying to build wealth over the long term, I would look elsewhere.\nPalantir\nPalantir specializes in big data analytics. In 2003, the company got its start building software for the U.S. intelligence community. Specifically, its platform was used to connect siloed data sets across the CIA and FBI, allowing government agents to work more efficiently.\nBut private firms use Palantir, too. In 2005, its analytics tools were used to sift through troves of data during the Bernie Madoff investigation. Ultimately, Palantir played a crucial role in his conviction for securities fraud.\nMore recently, Palantir partnered with robotics specialist Sarcos. Its software will help the company build mechanized suits for military and industrial workers. If you're picturing Iron Man, that's pretty accurate.\nImage source: Getty Images.\nWhile the company's history is interesting, it also gives Palantir an advantage over virtually every competitor. Case in point: Data privacy is of crucial importance in any application, but that's especially true with classified government intelligence. If Palantir's platform met the security standards of the CIA and FBI, it should be good enough for almost anyone.\nIn the first quarter, Palantir delivered strong results. Revenue popped 49% to $341 million, driven by strong traction with both commercial and government clients in the United States. Gross margin jumped 600 basis points to 78%, underscoring its potential profitability.\nThat being said, Palantir is not currently profitable according to generally accepted accounting principles (GAAP). But the company did generate positive free cash flow of $116 million in the first quarter, a significant improvement over the $290 million it burned in the prior-year period.\nLooking ahead, Palantir's growing ecosystem of independent software vendors, cloud service providers, and systems integrators should help the company win new contracts in both the government and commercial sectors. Global digitization should be a tailwind: As enterprises look to differentiate themselves, the ability to draw insights from proprietary data should become more important, and that should drive demand for Palantir's software.\nGiven these catalysts, management is forecasting revenue growth of at least 30% per year through 2025. However, given the company's performance in recent quarters, that's probably a lowball estimate. Regardless, I think Palantir will be worth twice what it is today by 2025, but I can't say the same for Dogecoin.","news_type":1},"isVote":1,"tweetType":1,"viewCount":78,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9046805408,"gmtCreate":1656322974304,"gmtModify":1676535805875,"author":{"id":"3575430322164662","authorId":"3575430322164662","name":"Huilun","avatar":"https://community-static.tradeup.com/news/7b2123526a86ccf17147e6a13387c954","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/EVFM\">$Evofem Biosciences Inc.(EVFM)$</a>Potential play considering the abortion ban","listText":"<a href=\"https://ttm.financial/S/EVFM\">$Evofem Biosciences Inc.(EVFM)$</a>Potential play considering the abortion ban","text":"$Evofem Biosciences Inc.(EVFM)$Potential play considering the abortion ban","images":[{"img":"https://community-static.tradeup.com/news/48557bb14d4bf61ec8002c94202b9164","width":"1125","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9046805408","isVote":1,"tweetType":1,"viewCount":429,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":812400417,"gmtCreate":1630598188139,"gmtModify":1676530353719,"author":{"id":"3575430322164662","authorId":"3575430322164662","name":"Huilun","avatar":"https://community-static.tradeup.com/news/7b2123526a86ccf17147e6a13387c954","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BLSP\">$Blue Sphere Corp.(BLSP)$</a>It says delisting soon.. what if we didnt sell?","listText":"<a href=\"https://laohu8.com/S/BLSP\">$Blue Sphere Corp.(BLSP)$</a>It says delisting soon.. what if we didnt sell?","text":"$Blue Sphere Corp.(BLSP)$It says delisting soon.. what if we didnt sell?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":1,"link":"https://ttm.financial/post/812400417","isVote":1,"tweetType":1,"viewCount":552,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":369534774,"gmtCreate":1614057067898,"gmtModify":1704887425885,"author":{"id":"3575430322164662","authorId":"3575430322164662","name":"Huilun","avatar":"https://community-static.tradeup.com/news/7b2123526a86ccf17147e6a13387c954","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"What do you guys feel about this?","listText":"What do you guys feel about this?","text":"What do you guys feel about this?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/369534774","repostId":"2113280449","repostType":4,"repost":{"id":"2113280449","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1614056619,"share":"https://www.laohu8.com/m/news/2113280449?lang=&edition=full","pubTime":"2021-02-23 13:03","market":"us","language":"en","title":"Why Apple Will Hit A $3 Trillion Market Cap By The End Of 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2113280449","media":"Benzinga","summary":"Apple Inc shares are on track to hit another milestone in terms of market capitalization, according to Wedbush Securities.The Apple Analyst:Daniel Ives has an Outperform rating and $175 price target on Apple shares, with the bull-case price target at $225.\"Given the fundamental strength we are seeing for this supercycle, coupled by a further re-rating on the horizon, we believe Apple will hit $3 trillion in market cap by year-end,\" Ives wrote in the note.With about 350 million of the 950 million","content":"<p><b>Apple Inc</b>&nbsp;shares are on track to hit another milestone in terms of market capitalization, according to Wedbush Securities.</p>\n<p><b>The Apple Analyst:</b>Daniel Ives has an Outperform rating and $175 price target on Apple shares, with the bull-case price target at $225.</p>\n<p><b>The Apple Thesis:</b>After Apple'sjaw-dropping performancein the December quarter that was reported in late January, the shares of the company have taken a breather,&nbsp;Ives said. The weakness, the analyst said, is a short-term blip on the stock's upward trajectory.</p>\n<p>The positive view is premised on Wedbush's Asia supply chain checks, which point to robust strength in the iPhone 12 supercycle into the rest of 2021.</p>\n<p>\"Given the fundamental strength we are seeing for this supercycle, coupled by a further re-rating on the horizon, we believe Apple will hit $3 trillion in market cap by year-end,\" Ives wrote in the note.</p>\n<p>Based on the current trajectory and in a bull-case scenario, Apple has the potential to sell more than&nbsp;240 million units of iPhones in the fiscal year 2021, the analyst estimates. This is higher than the current consensus forecast of 220 million units and will likely easily eclipse the previous annual record of 230 million units set by the company in the fiscal year 2015.</p>\n<p>With about 350 million of the 950 million iPhones worldwide currently in the window of an upgrade cycle, Ives thinks this will translate to an unprecedented upgrade cycle for Apple.</p>\n<p>ASPs are also shifting higher due to product mix shifting toward the more expensive iPhone Pro, boding well for top-line numbers, heading into the March and June quarters.</p>\n<p>Apple's EV endeavor, according to the firm, is the right strategic move at the right time.</p>\n<p>\"If Apple gets just 5%-10% of share this could represent another major growth pillar within Cupertino and add $30+ per share to Apple's SOTP valuation,\" the firm said.</p>\n<p><b>AAPL Price Target:</b>Apple shares were retreating 2.4% to $126.64 Monday, after having lost about 2% year-to-date.</p>\n<p><img src=\"https://static.tigerbbs.com/8fac62e6983a02890a83935175f6060c\" tg-width=\"1043\" tg-height=\"243\" referrerpolicy=\"no-referrer\"></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>Why Apple Will Hit A $3 Trillion Market Cap By The End Of 2021</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 Apple Will Hit A $3 Trillion Market Cap By The End Of 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-02-23 13:03</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>Apple Inc</b>&nbsp;shares are on track to hit another milestone in terms of market capitalization, according to Wedbush Securities.</p>\n<p><b>The Apple Analyst:</b>Daniel Ives has an Outperform rating and $175 price target on Apple shares, with the bull-case price target at $225.</p>\n<p><b>The Apple Thesis:</b>After Apple'sjaw-dropping performancein the December quarter that was reported in late January, the shares of the company have taken a breather,&nbsp;Ives said. The weakness, the analyst said, is a short-term blip on the stock's upward trajectory.</p>\n<p>The positive view is premised on Wedbush's Asia supply chain checks, which point to robust strength in the iPhone 12 supercycle into the rest of 2021.</p>\n<p>\"Given the fundamental strength we are seeing for this supercycle, coupled by a further re-rating on the horizon, we believe Apple will hit $3 trillion in market cap by year-end,\" Ives wrote in the note.</p>\n<p>Based on the current trajectory and in a bull-case scenario, Apple has the potential to sell more than&nbsp;240 million units of iPhones in the fiscal year 2021, the analyst estimates. This is higher than the current consensus forecast of 220 million units and will likely easily eclipse the previous annual record of 230 million units set by the company in the fiscal year 2015.</p>\n<p>With about 350 million of the 950 million iPhones worldwide currently in the window of an upgrade cycle, Ives thinks this will translate to an unprecedented upgrade cycle for Apple.</p>\n<p>ASPs are also shifting higher due to product mix shifting toward the more expensive iPhone Pro, boding well for top-line numbers, heading into the March and June quarters.</p>\n<p>Apple's EV endeavor, according to the firm, is the right strategic move at the right time.</p>\n<p>\"If Apple gets just 5%-10% of share this could represent another major growth pillar within Cupertino and add $30+ per share to Apple's SOTP valuation,\" the firm said.</p>\n<p><b>AAPL Price Target:</b>Apple shares were retreating 2.4% to $126.64 Monday, after having lost about 2% year-to-date.</p>\n<p><img src=\"https://static.tigerbbs.com/8fac62e6983a02890a83935175f6060c\" tg-width=\"1043\" tg-height=\"243\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2113280449","content_text":"Apple Inc shares are on track to hit another milestone in terms of market capitalization, according to Wedbush Securities.\nThe Apple Analyst:Daniel Ives has an Outperform rating and $175 price target on Apple shares, with the bull-case price target at $225.\nThe Apple Thesis:After Apple'sjaw-dropping performancein the December quarter that was reported in late January, the shares of the company have taken a breather, Ives said. The weakness, the analyst said, is a short-term blip on the stock's upward trajectory.\nThe positive view is premised on Wedbush's Asia supply chain checks, which point to robust strength in the iPhone 12 supercycle into the rest of 2021.\n\"Given the fundamental strength we are seeing for this supercycle, coupled by a further re-rating on the horizon, we believe Apple will hit $3 trillion in market cap by year-end,\" Ives wrote in the note.\nBased on the current trajectory and in a bull-case scenario, Apple has the potential to sell more than 240 million units of iPhones in the fiscal year 2021, the analyst estimates. This is higher than the current consensus forecast of 220 million units and will likely easily eclipse the previous annual record of 230 million units set by the company in the fiscal year 2015.\nWith about 350 million of the 950 million iPhones worldwide currently in the window of an upgrade cycle, Ives thinks this will translate to an unprecedented upgrade cycle for Apple.\nASPs are also shifting higher due to product mix shifting toward the more expensive iPhone Pro, boding well for top-line numbers, heading into the March and June quarters.\nApple's EV endeavor, according to the firm, is the right strategic move at the right time.\n\"If Apple gets just 5%-10% of share this could represent another major growth pillar within Cupertino and add $30+ per share to Apple's SOTP valuation,\" the firm said.\nAAPL Price Target:Apple shares were retreating 2.4% to $126.64 Monday, after having lost about 2% year-to-date.","news_type":1},"isVote":1,"tweetType":1,"viewCount":209,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":387404830,"gmtCreate":1613767457020,"gmtModify":1704884823147,"author":{"id":"3575430322164662","authorId":"3575430322164662","name":"Huilun","avatar":"https://community-static.tradeup.com/news/7b2123526a86ccf17147e6a13387c954","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Interesting article","listText":"Interesting article","text":"Interesting article","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/387404830","repostId":"1194607255","repostType":4,"isVote":1,"tweetType":1,"viewCount":75,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":387404198,"gmtCreate":1613767435614,"gmtModify":1704884822986,"author":{"id":"3575430322164662","authorId":"3575430322164662","name":"Huilun","avatar":"https://community-static.tradeup.com/news/7b2123526a86ccf17147e6a13387c954","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Interesting&nbsp;","listText":"Interesting&nbsp;","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/387404198","repostId":"1161529893","repostType":4,"repost":{"id":"1161529893","pubTimestamp":1613733842,"share":"https://www.laohu8.com/m/news/1161529893?lang=&edition=full","pubTime":"2021-02-19 19:24","market":"us","language":"en","title":"Goldman Sachs is joining the robo-investing party — should you?","url":"https://stock-news.laohu8.com/highlight/detail?id=1161529893","media":"Marketwatch","summary":"‘Much like in Vegas, the house generally wins,” said Vance Barse, a San Diego, California-based financial advisor who runs a company called Your Dedicated Fiduciary.Robo investing has become increasingly ubiquitous on practically every brokerage platform. Until Tuesday, Goldman Sachs GS, -0.91% restricted its robo-advisory service, Marcus, to people who had at least $10 million to invest.Now anyone with at least $1,000 to invest in can access the same trading algorithms that have been used by so","content":"<blockquote>\n ‘Much like in Vegas, the house generally wins,” said Vance Barse, a San Diego, California-based financial advisor who runs a company called Your Dedicated Fiduciary.\n</blockquote>\n<p>Robo investing has become increasingly ubiquitous on practically every brokerage platform. Until Tuesday, Goldman Sachs GS, -0.91% restricted its robo-advisory service, Marcus, to people who had at least $10 million to invest.</p>\n<p>Now anyone with at least $1,000 to invest in can access the same trading algorithms that have been used by some of Goldman Sachs’ wealthiest clients for a 0.35% annual advisory fee. But investing experts say there are more costs to consider before jumping on the robo-investing train.</p>\n<p>“Much like in Vegas, the house generally wins,” said Vance Barse, a San Diego, California-based financial advisor who runs a company called Your Dedicated Fiduciary.</p>\n<p>Although the 35 basis-point price tag is a “loss leader” to Goldman Sachs, he said companies typically make such offers in order to attract clients to cross-sell them banking products.</p>\n<p>“People forget that banks are ultimately in the business of making money,” he said.</p>\n<p>Goldman Sachs declined to comment.</p>\n<p>The company is among other major financial-services firms offering digital advisers, including Vanguard, Fidelity and Schwab SCHW, +1.03% and startups such as Betterment and Wealthfront.</p>\n<p>Fees for robo advisers can start at around 0.25%, and increase to 1% and above for traditional brokers. A survey of nearly 1,000 financial planners by Inside Information, a trade publication, found that the bigger the portfolio, the lower the percentage clients paid in fees.</p>\n<p>The median annual charge hovered at around 1% for portfolios of $1 million or less, and 0.5% for portfolios worth $5 million to $10 million.</p>\n<p>Robo advisers like those on offer from Goldman Sachs and Betterment differ from robo platforms like Robinhood. The former suggest portfolios focused on exchange-traded funds, while Robinhood allows users to invest in individual ETFs, stocks, options and even cryptocurrencies.</p>\n<p><b>Robo investing as a self-driving car</b></p>\n<p>Consumers have turned to robo-investing at unprecedented levels during the pandemic.</p>\n<p>The rate of new accounts opened jumped between 50% and 300% during the first quarter of 2020 compared to the fourth quarter of last year, according to a May report published by research and advisory firm Aite Group.</p>\n<p>So what is rob-investing? Think of it like a self-driving car.</p>\n<p>You put in your destination, buckle up in the backseat and your driver (robo adviser) will get there. You, the passenger, can’t easily slam the breaks if you fear your driver is leading you in the wrong direction. Nor can you put your foot on the gas pedal if you’re in a rush and want to get to your destination faster.</p>\n<p>Robo-investing platforms use advanced-trading algorithm software to design investment portfolios based on factors such as an individual’s appetite for risk-taking and desired short-term and long-term returns.</p>\n<p>There are over 200 platforms that provide these services charging typically no more than a 0.5% annual advisory fee, compared to the 1% annual fee human investment advisors charge.</p>\n<p>And rather than investing entirely on your own, which can become a second job and lead to emotional investment decisions, robo advisers handle buying and selling assets.</p>\n<p>Cynthia Loh, Schwab vice president of Digital Advice and Innovation, disagrees, and argues that robo investing doesn’t mean giving technology control of your money. Schwab, she said, has a team of investment experts who oversee investment strategy and keep watch during periods of market volatility, although some services have more input from humans than others.</p>\n<p>As she recently wrote on MarketWatch: “One common misconception about automated investing is that choosing a robo adviser essentially means handing control of your money over to robots. The truth is that robo solutions have a combination of automated and human components running things behind the scenes.”</p>\n<p><b>Robos appeal to inexperienced investors</b></p>\n<p>Robo investing tends to appeal to inexperienced investors or ones who don’t have the time or energy to manage their own portfolios. These investors can take comfort in the “set it and forget it approach to investing and overtime let the markets do their thing,” Barse said.</p>\n<p>That makes it much easier to stomach market volatility knowing that you don’t necessarily have to make spur-of-the-moment decisions to buy or sell assets, said Tiffany Lam-Balfour, an investing and retirement specialist at NerdWallet.</p>\n<p>“When you’re investing, you don’t want to keep looking at the market and going ‘Oh I need to get out of this,’” she said. “You want to leave it to the professionals to get you through it because they know what your time horizon is, and they’ll adjust your portfolio automatically for you.”</p>\n<p>That said, “you can’t just expect your investments will only go up. Even if you had the world’s best human financial adviser you can’t expect that.”</p>\n<p>Others disagree, and say robo advisers appeal to older investors. “Planning for and paying yourself in retirement is complex. There are many options out there to help investors through it, and robo investing is one of them,” Loh said.</p>\n<p>“Many thoughtful, long-term investors have discovered that they want a more modern, streamlined, and inexpensive way to invest, and robo investing fits the bill. They are happy to let technology handle the mundane activities that are harder and more time-consuming for investors to do themselves,” she added.</p>\n<p><b>There is often no door to knock on</b></p>\n<p>Your robo adviser only knows what you tell it. The simplistic questionnaire you’re required to fill out will on most robo-investing platforms will collect information on your annual income, desired age to retire and the level of risk you’re willing to take on.</p>\n<p>It won’t however know if you just had a child and would like to begin saving for their education down the road or if you recently lost your job.</p>\n<p>“The question then becomes to whom does that person go to for advice and does that platform offer that and if so, to what level of complexity?” said Barse.</p>\n<p>Not all platforms give individualized investment advice and the hybrid models that do offer advice from a human tend to charge higher annual fees.</p>\n<p>Additionally, a robo adviser won’t necessarily “manage your money with tax efficiency at front of mind,” said Roger Ma, a certified financial planner at Lifelaidout, a New York City-based financial advisory group.</p>\n<p>For instance, one common way investors offset the taxes they pay on long-term investments is by selling assets that have accrued losses. Traditional advisers often specialize in constructing portfolios that lead to the most tax-efficient outcomes, said Ma, who is the author of “Work Your Money, Not Your Life”.</p>\n<p>But with robo investing, the trades that are made for you are the same ones that are being made for a slew of other investors who may fall under a different tax-bracket than you.</p>\n<p>On top of that, while robo investing may feel like a simplistic way to get into investing, especially for beginners it can “overcomplicate investing,” Ma said.</p>\n<p>“If you are just looking to dip your toe in and you want to feel like you’re invested in a diversified portfolio, I wouldn’t say definitely don’t do a robo adviser,” he said.</p>\n<p>Don’t rule out investing through a target-date fund that selects a single fund to invest in and adjusts the position over time based on their investment goals, he added.</p>\n<p>But not everyone can tell the difference between robo advice and advice from a human being. In 2015, MarketWatch asked four prominent robo advisers and four of the traditional, flesh-and-blood variety to construct portfolios for a hypothetical 35-year-old investor with $40,000 to invest.</p>\n<p>The results were, perhaps, surprising for critics of robo advisers. The robots’ suggestions were “not massively different” from what the human advisers proposed, said Michael Kitces, Pinnacle Advisory Group’s research director, after reviewing the results.</p>\n<p></p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman Sachs is joining the robo-investing party — should you?</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\">\nGoldman Sachs is joining the robo-investing party — should you?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-19 19:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/goldman-sachs-is-joining-the-robo-investing-party-should-you-11613658128?mod=home-page><strong>Marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>‘Much like in Vegas, the house generally wins,” said Vance Barse, a San Diego, California-based financial advisor who runs a company called Your Dedicated Fiduciary.\n\nRobo investing has become ...</p>\n\n<a href=\"https://www.marketwatch.com/story/goldman-sachs-is-joining-the-robo-investing-party-should-you-11613658128?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/goldman-sachs-is-joining-the-robo-investing-party-should-you-11613658128?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161529893","content_text":"‘Much like in Vegas, the house generally wins,” said Vance Barse, a San Diego, California-based financial advisor who runs a company called Your Dedicated Fiduciary.\n\nRobo investing has become increasingly ubiquitous on practically every brokerage platform. Until Tuesday, Goldman Sachs GS, -0.91% restricted its robo-advisory service, Marcus, to people who had at least $10 million to invest.\nNow anyone with at least $1,000 to invest in can access the same trading algorithms that have been used by some of Goldman Sachs’ wealthiest clients for a 0.35% annual advisory fee. But investing experts say there are more costs to consider before jumping on the robo-investing train.\n“Much like in Vegas, the house generally wins,” said Vance Barse, a San Diego, California-based financial advisor who runs a company called Your Dedicated Fiduciary.\nAlthough the 35 basis-point price tag is a “loss leader” to Goldman Sachs, he said companies typically make such offers in order to attract clients to cross-sell them banking products.\n“People forget that banks are ultimately in the business of making money,” he said.\nGoldman Sachs declined to comment.\nThe company is among other major financial-services firms offering digital advisers, including Vanguard, Fidelity and Schwab SCHW, +1.03% and startups such as Betterment and Wealthfront.\nFees for robo advisers can start at around 0.25%, and increase to 1% and above for traditional brokers. A survey of nearly 1,000 financial planners by Inside Information, a trade publication, found that the bigger the portfolio, the lower the percentage clients paid in fees.\nThe median annual charge hovered at around 1% for portfolios of $1 million or less, and 0.5% for portfolios worth $5 million to $10 million.\nRobo advisers like those on offer from Goldman Sachs and Betterment differ from robo platforms like Robinhood. The former suggest portfolios focused on exchange-traded funds, while Robinhood allows users to invest in individual ETFs, stocks, options and even cryptocurrencies.\nRobo investing as a self-driving car\nConsumers have turned to robo-investing at unprecedented levels during the pandemic.\nThe rate of new accounts opened jumped between 50% and 300% during the first quarter of 2020 compared to the fourth quarter of last year, according to a May report published by research and advisory firm Aite Group.\nSo what is rob-investing? Think of it like a self-driving car.\nYou put in your destination, buckle up in the backseat and your driver (robo adviser) will get there. You, the passenger, can’t easily slam the breaks if you fear your driver is leading you in the wrong direction. Nor can you put your foot on the gas pedal if you’re in a rush and want to get to your destination faster.\nRobo-investing platforms use advanced-trading algorithm software to design investment portfolios based on factors such as an individual’s appetite for risk-taking and desired short-term and long-term returns.\nThere are over 200 platforms that provide these services charging typically no more than a 0.5% annual advisory fee, compared to the 1% annual fee human investment advisors charge.\nAnd rather than investing entirely on your own, which can become a second job and lead to emotional investment decisions, robo advisers handle buying and selling assets.\nCynthia Loh, Schwab vice president of Digital Advice and Innovation, disagrees, and argues that robo investing doesn’t mean giving technology control of your money. Schwab, she said, has a team of investment experts who oversee investment strategy and keep watch during periods of market volatility, although some services have more input from humans than others.\nAs she recently wrote on MarketWatch: “One common misconception about automated investing is that choosing a robo adviser essentially means handing control of your money over to robots. The truth is that robo solutions have a combination of automated and human components running things behind the scenes.”\nRobos appeal to inexperienced investors\nRobo investing tends to appeal to inexperienced investors or ones who don’t have the time or energy to manage their own portfolios. These investors can take comfort in the “set it and forget it approach to investing and overtime let the markets do their thing,” Barse said.\nThat makes it much easier to stomach market volatility knowing that you don’t necessarily have to make spur-of-the-moment decisions to buy or sell assets, said Tiffany Lam-Balfour, an investing and retirement specialist at NerdWallet.\n“When you’re investing, you don’t want to keep looking at the market and going ‘Oh I need to get out of this,’” she said. “You want to leave it to the professionals to get you through it because they know what your time horizon is, and they’ll adjust your portfolio automatically for you.”\nThat said, “you can’t just expect your investments will only go up. Even if you had the world’s best human financial adviser you can’t expect that.”\nOthers disagree, and say robo advisers appeal to older investors. “Planning for and paying yourself in retirement is complex. There are many options out there to help investors through it, and robo investing is one of them,” Loh said.\n“Many thoughtful, long-term investors have discovered that they want a more modern, streamlined, and inexpensive way to invest, and robo investing fits the bill. They are happy to let technology handle the mundane activities that are harder and more time-consuming for investors to do themselves,” she added.\nThere is often no door to knock on\nYour robo adviser only knows what you tell it. The simplistic questionnaire you’re required to fill out will on most robo-investing platforms will collect information on your annual income, desired age to retire and the level of risk you’re willing to take on.\nIt won’t however know if you just had a child and would like to begin saving for their education down the road or if you recently lost your job.\n“The question then becomes to whom does that person go to for advice and does that platform offer that and if so, to what level of complexity?” said Barse.\nNot all platforms give individualized investment advice and the hybrid models that do offer advice from a human tend to charge higher annual fees.\nAdditionally, a robo adviser won’t necessarily “manage your money with tax efficiency at front of mind,” said Roger Ma, a certified financial planner at Lifelaidout, a New York City-based financial advisory group.\nFor instance, one common way investors offset the taxes they pay on long-term investments is by selling assets that have accrued losses. Traditional advisers often specialize in constructing portfolios that lead to the most tax-efficient outcomes, said Ma, who is the author of “Work Your Money, Not Your Life”.\nBut with robo investing, the trades that are made for you are the same ones that are being made for a slew of other investors who may fall under a different tax-bracket than you.\nOn top of that, while robo investing may feel like a simplistic way to get into investing, especially for beginners it can “overcomplicate investing,” Ma said.\n“If you are just looking to dip your toe in and you want to feel like you’re invested in a diversified portfolio, I wouldn’t say definitely don’t do a robo adviser,” he said.\nDon’t rule out investing through a target-date fund that selects a single fund to invest in and adjusts the position over time based on their investment goals, he added.\nBut not everyone can tell the difference between robo advice and advice from a human being. In 2015, MarketWatch asked four prominent robo advisers and four of the traditional, flesh-and-blood variety to construct portfolios for a hypothetical 35-year-old investor with $40,000 to invest.\nThe results were, perhaps, surprising for critics of robo advisers. The robots’ suggestions were “not massively different” from what the human advisers proposed, said Michael Kitces, Pinnacle Advisory Group’s research director, after reviewing the results.","news_type":1},"isVote":1,"tweetType":1,"viewCount":192,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}