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2021-06-22

Like and comment please

Will Disney Stock Split This Year?

2021-06-21

Yay finally green

2021-06-21

No inflation pls

Nomura Warns Of Market "Reversal Risk" As FedSpeak Walks Back 'Bullard Bomb'

2021-06-21

Like and comment

Nomura Warns Of Market "Reversal Risk" As FedSpeak Walks Back 'Bullard Bomb'

2021-06-16

Fatty

Michael "Big Short" Burry: This Is The Greatest Bubble Of All Time In All Things "By Two Orders Of Magnitude"

2021-06-16

Pls drop so i can buu

FOMC Preview: "It's Like The Titanic Running At Full Speed. In Fog. At Night"

2021-06-16

Spam

Quad-Witch Quandary: How Will Friday's $2 Trillion Gamma Expiration Impact Markets

2021-06-15

Pins over snap

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2021-06-15

Emirates good

Emirates got $3.1 billion from Dubai govt as pandemic drove losses

2021-06-15

Banks overated

Big-Tech & Bitcoin Pumped As Banks, Bonds, & Bullion Dumped

2021-06-15

Ggwp

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2021-06-15

Crsr to the moon!

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2021-06-15

Apple yay

Apple and Google are forcing a rethink in advertising, ad guru Maurice Levy says

2021-06-15

Oof

Singapore’s Hyflux May Fetch Under $151 Million in Liquidation

2021-06-15

China stocks good

China stocks end lower as Sino-West tensions weigh

2021-06-15

Pltr win

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2021-06-15

Amd is better

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2021-06-15

Inflation sux

There’s a Big Divergence Developing in Inflation Expectations

2021-06-15

Mara pls fly

Tesla, MicroStrategy, Riot Blockchain Stocks Up As Bitcoin Regains Strength At $40,000 Level

2021-06-15

Intel is trash

Intel unveils Infrastructure Processing Units

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and comment please","listText":"Like and comment please","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/129957806","repostId":"1186919064","repostType":4,"repost":{"id":"1186919064","kind":"news","pubTimestamp":1624352931,"share":"https://ttm.financial/m/news/1186919064?lang=&edition=fundamental","pubTime":"2021-06-22 17:08","market":"us","language":"en","title":"Will Disney Stock Split This Year?","url":"https://stock-news.laohu8.com/highlight/detail?id=1186919064","media":"seekingalpha","summary":"Disney's stock split history is reviewed for the possibility of a repeat this year.Its financials and cash flows are negatively impacted by the pandemic but analysts are projecting a strong recovery in the next few years.The Walt Disney Company could consider another stock split to \"get more people in the stock.\". Readers may come across different answers to the question in the header depending on the sources. According to YCharts, The Walt Disney Company  has had nine stock splits, three betwee","content":"<p><b>Summary</b></p>\n<ul>\n <li>Disney's stock split history is reviewed for the possibility of a repeat this year.</li>\n <li>Its financials and cash flows are negatively impacted by the pandemic but analysts are projecting a strong recovery in the next few years.</li>\n <li>If the consensus estimates come true, the share price of DIS has much room to head north in line with the EPS growth.</li>\n <li>The Walt Disney Company could consider another stock split to \"get more people in the stock.\"</li>\n</ul>\n<p><b>Has Disney Stock Ever Split?</b></p>\n<p>Readers may come across different answers to the question in the header depending on the sources. According to YCharts, The Walt Disney Company (DIS) has had nine stock splits, three between 1985 and 2000, and six prior to 1980.</p>\n<p><img src=\"https://static.tigerbbs.com/fd38f0d03c0480c1f6728aa9e8dd5cfb\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"></p>\n<p>On the other hand,<i>Stock Split History</i>and<i>Yahoo Finance</i>both reflect eight stock splits in Disney's history. However, the exercises in 1962 and 2007 seem more like bonus issues than stock splits. The first \"split\" for DIS stock was dated December 18, 1962. This was a 103 for 100 split, meaning that a shareholder with 100 shares of DIS pre-split will subsequently own 103 shares.</p>\n<p><img src=\"https://static.tigerbbs.com/98283a2c39510a381b9f91cdc416f6f8\" tg-width=\"274\" tg-height=\"329\" referrerpolicy=\"no-referrer\"></p>\n<p><i>Source:StockSplitHistory.com</i></p>\n<p>As with all corporate matters, investors should refer to the official announcements to be sure. From Walt Disney's website under the Investor Relations section, the company provided a neat table under the Frequently Asked Questions [FAQs]. The table showed only seven past stock splits that happened between 1956 and 1998. This meant that DIS stock has not split for over two decades. Also, it shows that Walt Disney does not consider the 103 shares for 100 shares and 1,014 shares for 1,000 shares as stock splits.</p>\n<p><img src=\"https://static.tigerbbs.com/a398b378fd1cb185e5fe95cbaf2513d7\" tg-width=\"640\" tg-height=\"232\" referrerpolicy=\"no-referrer\"></p>\n<p><i>Source: The Walt Disney Company</i></p>\n<p><b>Is Disney Stock Going To Split Again?</b></p>\n<p>Tesla (TSLA) and Nvidia (NVDA) were among the prominent few companies that underwent stock splits recently. When Tesla announced itsfirst-ever stock spliton August 11 last year, the stock jumped from a pre-split price of $1374.4 to as high as $1585 the next day before closing at $1554.75. TSLA went on to clock further gains the rest of the month, appreciating over 80 percent by the end of August 2020.</p>\n<p>Nvidia announced in May that its decision to do afour-for-one stock splitwas approved by the board. Its shares were trading above $500 before the announcement and are priced around $750 currently. Nvidia justified the proposed stock split as enabling its shares to become \"more accessible to investors and employees.\"</p>\n<p>The share price of Disney is currently around $172. It hit a high of $203.02 on March 8, 2021. Even at the peak, the share price was a fraction of what TSLA and NVDA were trading at prior to their stock split announcements. As such, is there an impetus for Disney?</p>\n<p>Well, the last time Disney had a stock split was July 9, 1998, and the pre-split share price was only $111. Apart from one stock split in 1973, the last six stock splits were done when its share price was below $200. A quote often attributed to Mark Twain goes: \"History doesn't repeat itself, but it often rhymes.\" It is probably timely to consider Disney could conduct a fresh stock split as its stock heads back towards $200.</p>\n<p>Disney's Valuation And Prospects Support A Stock Split</p>\n<p>The Walt Disney Company appeared to be heading for disaster when the COVID-19 pandemic struck last year. Its Disneyland theme parks and hotels around the world had to be shut for extended periods. Its cruise line and retail stores had to close for business as well. Its movies couldn't be shown as theaters were shut while film and TV productions had to be halted too.</p>\n<p>The challenges that the House of the Mouse faced were unprecedented. In the second fiscal quarter of 2020, its adjusted EPS fell to $0.60 a share from $1.61 a year earlier primarily due to the suspended operations.</p>\n<p>The management took proactive steps during the second quarter of 2020 to enhance Disney's liquidity position by issuing $6 billion of term debt. A week after the quarter ended, it issued another $925 million in term debt. In terms of net financial debt, however, Disney managed to hold steady and did not exceed the peak of above $50 billion following the addition of debt load to its balance sheet from the 21st Century Fox acquisition in 2019.</p>\n<p><img src=\"https://static.tigerbbs.com/cbd5da32f627c04144c275782ef135e7\" tg-width=\"640\" tg-height=\"432\" referrerpolicy=\"no-referrer\"></p>\n<p>Although Disney's debt level remains elevated at 28 percent, its debt-to-assets remained close to its five-year average at around 25 percent. It is also comparatively lower than its industry peers. ViacomCBS (VIAC)(VIACA) has a debt-to-assets of 32.5 percent while Comcast (CMCSA) has a debt-to-assets of 37.2 percent. Netflix (NFLX) doesn't own any attraction parks but it has the highest debt-to-assets of 38.8 percent.</p>\n<p><img src=\"https://static.tigerbbs.com/7ff01b9033cebf8c5e4fb15976c0d266\" tg-width=\"640\" tg-height=\"480\" referrerpolicy=\"no-referrer\"></p>\n<p>Looking at the debt-to-equity ratio, The Walt Disney Company is also the lowest among its peers. This suggests that Disney's capital structure could be conservative in its approach to debt relative to the industry.</p>\n<p><img src=\"https://static.tigerbbs.com/c53bbfa821e92f67b05ae6c4a418bad0\" tg-width=\"640\" tg-height=\"480\" referrerpolicy=\"no-referrer\"></p>\n<p>However, dividend investors may have been disappointed with the decision of Disney's Board to forego the payment of dividends last year. Its last payment of $0.88 per share was on January 16, 2020, for those who had the shares on the record date of December 16, 2019.</p>\n<p><img src=\"https://static.tigerbbs.com/86b599e7a38c7af0abe617f3e95e54a5\" tg-width=\"640\" tg-height=\"446\" referrerpolicy=\"no-referrer\"></p>\n<p>Bob Chapek, the Chief Executive Officer of Disney, said during the Credit Suisse 23rd Annual Communications Conference held on June 14 that the Board of Directors is prioritizing thefunding of its Direct-to-Consumer[DTC] business. He added that dividends will be \"a part of our long-term capital allocation strategy, for sure.\"</p>\n<p>Chapek also revealed what the board is considering:</p>\n<blockquote>\n \"...they'll take into account what they’ve taken into account in the past, which is, what's our strategic investment outlook, where our alternative uses of capital and what are those priorities? What our financial leverage look like coming out of COVID? What the operating environment look like in terms of the release of restrictions that we've got that might constrain our business going forward, or at least give us some time to actually ramp back up to full operating mode, if you will? And what's really just the overall recovery of our businesses across the entire enterprise?\"\n</blockquote>\n<p>For now, Disney's financials are constrained. Its free cash flow is at a depressed level historically, primarily due to the weak cash from operations which in turn is due to the low revenue. The cash from operations on a trailing-twelve-month basis is at a multi-year low of $4.3 billion. Its new star division, Disney+, is unable to singlehandedly lift the company from its pandemic-impacted operations.</p>\n<p><img src=\"https://static.tigerbbs.com/501540384c7735541ed0eeb33116a073\" tg-width=\"640\" tg-height=\"447\" referrerpolicy=\"no-referrer\"></p>\n<p>Nevertheless, Wall Street analysts are not perturbed by the short-term difficulties faced by Disney. The consensus EPS estimate for the fiscal period ending September 2025 is $8.72, implying a sub-20 times forward P/E, a sharp drop from the one-year forward P/E of 72 times. It's thus likely that the share price would rise to bring the P/E ratio above the \"bargain\" sub-20 times level, increasing the justification for a stock split.</p>\n<p><img src=\"https://static.tigerbbs.com/f33bdfa14f2e1f94d872349194cef3d1\" tg-width=\"640\" tg-height=\"281\" referrerpolicy=\"no-referrer\"></p>\n<p><i>Source: Seeking Alpha Premium</i></p>\n<p><b>Additional Justifications For A DIS Stock Split</b></p>\n<p>Given that one of the reasons for doing a stock split is to bring the share price much lower than the current level, double-digit pricing certainly fits the bill. A rhetorical repeat of a 3:1 stock split would bring the share price of Disney to around $57, making it look affordable psychologically, even though it is meaningless from the valuation angle.</p>\n<p>On the other hand, it appears that Disney prefers the prestige of a larger share price, given that it has long resisted a stock split (the last one being over 20 years ago). The management of Disney might regard DIS stock's elevated share price as a reflection of its achievements, especially considering the challenges during the pandemic. A stock split bringing the share price substantially lower has the reverse effect, making the company look less accomplished compared to, say, Amazon.com, Inc. (AMZN) with its quadruple-digit share price.</p>\n<p>At the same time, while we recognize that calling a stock \"expensive\" based on the absolute price might sound silly, it is not uncommon to come across comments lamenting that tickers with share prices in the high triple-digits are \"expensive\" and those with single-digit share prices are \"bargains\".</p>\n<p>Given the option of purchasing partial shares provided by certain brokerages, the impetus to do a split is further diminished. However, judging from the cryptocurrency market, the notion that the price levels do have an effect on investors' mentality shouldn't be dismissed. For instance, the much lower-priced Dogecoin (DOGE-USD) appears to be more favored whether by short-term traders or longer-term investors compared to Bitcoin (BTC-USD).</p>\n<p><img src=\"https://static.tigerbbs.com/efb4b1d5343c9d189af17f7d9d72de30\" tg-width=\"640\" tg-height=\"446\" referrerpolicy=\"no-referrer\"></p>\n<p>Another oft-mentioned reason that companies do stock split is to improve their chances to enter the Dow Jones Industrial Average, one of the oldest and the most commonly followed equity indices. This is because the Dow is a price-weighted measurement stock market index and a high-priced component would skew the index.</p>\n<p>However, The Walt Disney Company is already a Dow component since May 6, 1991. Hence, this would not be a motivation. Nevertheless, those who trade options may welcome a stock split as it makes the option contracts more affordable.</p>\n<p>Whether a DIS stock split would happen this year is another big question. Fundamentally as I discussed earlier, it's a matter of time investors regain confidence in Disney's growth potential. Chart-wise, however, doesn't look good for Disney stock. Its gap in December last year has yet to be filled.</p>\n<p>At the same time, there appears to be a tail-end formation of a head-and-shoulder pattern, a bearish sign. Investors may wish to consider the mentioned factors instead of just looking at a potential jump should Disney announce a stock split.</p>\n<p><img src=\"https://static.tigerbbs.com/eee7ab6b1236c4ed57d19afc78319174\" tg-width=\"640\" tg-height=\"247\"><i>Source: Yahoo Finance</i></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>Will Disney Stock Split This Year?</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\">\nWill Disney Stock Split This Year?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 17:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4435877-will-disney-stock-split><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nDisney's stock split history is reviewed for the possibility of a repeat this year.\nIts financials and cash flows are negatively impacted by the pandemic but analysts are projecting a strong ...</p>\n\n<a href=\"https://seekingalpha.com/article/4435877-will-disney-stock-split\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIS":"迪士尼"},"source_url":"https://seekingalpha.com/article/4435877-will-disney-stock-split","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1186919064","content_text":"Summary\n\nDisney's stock split history is reviewed for the possibility of a repeat this year.\nIts financials and cash flows are negatively impacted by the pandemic but analysts are projecting a strong recovery in the next few years.\nIf the consensus estimates come true, the share price of DIS has much room to head north in line with the EPS growth.\nThe Walt Disney Company could consider another stock split to \"get more people in the stock.\"\n\nHas Disney Stock Ever Split?\nReaders may come across different answers to the question in the header depending on the sources. According to YCharts, The Walt Disney Company (DIS) has had nine stock splits, three between 1985 and 2000, and six prior to 1980.\n\nOn the other hand,Stock Split HistoryandYahoo Financeboth reflect eight stock splits in Disney's history. However, the exercises in 1962 and 2007 seem more like bonus issues than stock splits. The first \"split\" for DIS stock was dated December 18, 1962. This was a 103 for 100 split, meaning that a shareholder with 100 shares of DIS pre-split will subsequently own 103 shares.\n\nSource:StockSplitHistory.com\nAs with all corporate matters, investors should refer to the official announcements to be sure. From Walt Disney's website under the Investor Relations section, the company provided a neat table under the Frequently Asked Questions [FAQs]. The table showed only seven past stock splits that happened between 1956 and 1998. This meant that DIS stock has not split for over two decades. Also, it shows that Walt Disney does not consider the 103 shares for 100 shares and 1,014 shares for 1,000 shares as stock splits.\n\nSource: The Walt Disney Company\nIs Disney Stock Going To Split Again?\nTesla (TSLA) and Nvidia (NVDA) were among the prominent few companies that underwent stock splits recently. When Tesla announced itsfirst-ever stock spliton August 11 last year, the stock jumped from a pre-split price of $1374.4 to as high as $1585 the next day before closing at $1554.75. TSLA went on to clock further gains the rest of the month, appreciating over 80 percent by the end of August 2020.\nNvidia announced in May that its decision to do afour-for-one stock splitwas approved by the board. Its shares were trading above $500 before the announcement and are priced around $750 currently. Nvidia justified the proposed stock split as enabling its shares to become \"more accessible to investors and employees.\"\nThe share price of Disney is currently around $172. It hit a high of $203.02 on March 8, 2021. Even at the peak, the share price was a fraction of what TSLA and NVDA were trading at prior to their stock split announcements. As such, is there an impetus for Disney?\nWell, the last time Disney had a stock split was July 9, 1998, and the pre-split share price was only $111. Apart from one stock split in 1973, the last six stock splits were done when its share price was below $200. A quote often attributed to Mark Twain goes: \"History doesn't repeat itself, but it often rhymes.\" It is probably timely to consider Disney could conduct a fresh stock split as its stock heads back towards $200.\nDisney's Valuation And Prospects Support A Stock Split\nThe Walt Disney Company appeared to be heading for disaster when the COVID-19 pandemic struck last year. Its Disneyland theme parks and hotels around the world had to be shut for extended periods. Its cruise line and retail stores had to close for business as well. Its movies couldn't be shown as theaters were shut while film and TV productions had to be halted too.\nThe challenges that the House of the Mouse faced were unprecedented. In the second fiscal quarter of 2020, its adjusted EPS fell to $0.60 a share from $1.61 a year earlier primarily due to the suspended operations.\nThe management took proactive steps during the second quarter of 2020 to enhance Disney's liquidity position by issuing $6 billion of term debt. A week after the quarter ended, it issued another $925 million in term debt. In terms of net financial debt, however, Disney managed to hold steady and did not exceed the peak of above $50 billion following the addition of debt load to its balance sheet from the 21st Century Fox acquisition in 2019.\n\nAlthough Disney's debt level remains elevated at 28 percent, its debt-to-assets remained close to its five-year average at around 25 percent. It is also comparatively lower than its industry peers. ViacomCBS (VIAC)(VIACA) has a debt-to-assets of 32.5 percent while Comcast (CMCSA) has a debt-to-assets of 37.2 percent. Netflix (NFLX) doesn't own any attraction parks but it has the highest debt-to-assets of 38.8 percent.\n\nLooking at the debt-to-equity ratio, The Walt Disney Company is also the lowest among its peers. This suggests that Disney's capital structure could be conservative in its approach to debt relative to the industry.\n\nHowever, dividend investors may have been disappointed with the decision of Disney's Board to forego the payment of dividends last year. Its last payment of $0.88 per share was on January 16, 2020, for those who had the shares on the record date of December 16, 2019.\n\nBob Chapek, the Chief Executive Officer of Disney, said during the Credit Suisse 23rd Annual Communications Conference held on June 14 that the Board of Directors is prioritizing thefunding of its Direct-to-Consumer[DTC] business. He added that dividends will be \"a part of our long-term capital allocation strategy, for sure.\"\nChapek also revealed what the board is considering:\n\n \"...they'll take into account what they’ve taken into account in the past, which is, what's our strategic investment outlook, where our alternative uses of capital and what are those priorities? What our financial leverage look like coming out of COVID? What the operating environment look like in terms of the release of restrictions that we've got that might constrain our business going forward, or at least give us some time to actually ramp back up to full operating mode, if you will? And what's really just the overall recovery of our businesses across the entire enterprise?\"\n\nFor now, Disney's financials are constrained. Its free cash flow is at a depressed level historically, primarily due to the weak cash from operations which in turn is due to the low revenue. The cash from operations on a trailing-twelve-month basis is at a multi-year low of $4.3 billion. Its new star division, Disney+, is unable to singlehandedly lift the company from its pandemic-impacted operations.\n\nNevertheless, Wall Street analysts are not perturbed by the short-term difficulties faced by Disney. The consensus EPS estimate for the fiscal period ending September 2025 is $8.72, implying a sub-20 times forward P/E, a sharp drop from the one-year forward P/E of 72 times. It's thus likely that the share price would rise to bring the P/E ratio above the \"bargain\" sub-20 times level, increasing the justification for a stock split.\n\nSource: Seeking Alpha Premium\nAdditional Justifications For A DIS Stock Split\nGiven that one of the reasons for doing a stock split is to bring the share price much lower than the current level, double-digit pricing certainly fits the bill. A rhetorical repeat of a 3:1 stock split would bring the share price of Disney to around $57, making it look affordable psychologically, even though it is meaningless from the valuation angle.\nOn the other hand, it appears that Disney prefers the prestige of a larger share price, given that it has long resisted a stock split (the last one being over 20 years ago). The management of Disney might regard DIS stock's elevated share price as a reflection of its achievements, especially considering the challenges during the pandemic. A stock split bringing the share price substantially lower has the reverse effect, making the company look less accomplished compared to, say, Amazon.com, Inc. (AMZN) with its quadruple-digit share price.\nAt the same time, while we recognize that calling a stock \"expensive\" based on the absolute price might sound silly, it is not uncommon to come across comments lamenting that tickers with share prices in the high triple-digits are \"expensive\" and those with single-digit share prices are \"bargains\".\nGiven the option of purchasing partial shares provided by certain brokerages, the impetus to do a split is further diminished. However, judging from the cryptocurrency market, the notion that the price levels do have an effect on investors' mentality shouldn't be dismissed. For instance, the much lower-priced Dogecoin (DOGE-USD) appears to be more favored whether by short-term traders or longer-term investors compared to Bitcoin (BTC-USD).\n\nAnother oft-mentioned reason that companies do stock split is to improve their chances to enter the Dow Jones Industrial Average, one of the oldest and the most commonly followed equity indices. This is because the Dow is a price-weighted measurement stock market index and a high-priced component would skew the index.\nHowever, The Walt Disney Company is already a Dow component since May 6, 1991. Hence, this would not be a motivation. Nevertheless, those who trade options may welcome a stock split as it makes the option contracts more affordable.\nWhether a DIS stock split would happen this year is another big question. Fundamentally as I discussed earlier, it's a matter of time investors regain confidence in Disney's growth potential. Chart-wise, however, doesn't look good for Disney stock. Its gap in December last year has yet to be filled.\nAt the same time, there appears to be a tail-end formation of a head-and-shoulder pattern, a bearish sign. Investors may wish to consider the mentioned factors instead of just looking at a potential jump should Disney announce a stock split.\nSource: Yahoo Finance","news_type":1},"isVote":1,"tweetType":1,"viewCount":404,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167768967,"gmtCreate":1624285190959,"gmtModify":1703832502359,"author":{"id":"3575507353908450","authorId":"3575507353908450","name":"trisnando","avatar":"https://static.tigerbbs.com/a97932ca83eff2802eeb59122aeca88e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575507353908450","authorIdStr":"3575507353908450"},"themes":[],"htmlText":"Yay finally green","listText":"Yay finally green","text":"Yay finally green","images":[{"img":"https://static.tigerbbs.com/b6427688428f93228bea07acf3268b65","width":"1080","height":"3221"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167768967","isVote":1,"tweetType":1,"viewCount":635,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":167761946,"gmtCreate":1624285158385,"gmtModify":1703832498419,"author":{"id":"3575507353908450","authorId":"3575507353908450","name":"trisnando","avatar":"https://static.tigerbbs.com/a97932ca83eff2802eeb59122aeca88e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575507353908450","authorIdStr":"3575507353908450"},"themes":[],"htmlText":"No inflation pls","listText":"No inflation pls","text":"No inflation pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/167761946","repostId":"1133913488","repostType":4,"repost":{"id":"1133913488","kind":"news","pubTimestamp":1624283796,"share":"https://ttm.financial/m/news/1133913488?lang=&edition=fundamental","pubTime":"2021-06-21 21:56","market":"us","language":"en","title":"Nomura Warns Of Market \"Reversal Risk\" As FedSpeak Walks Back 'Bullard Bomb'","url":"https://stock-news.laohu8.com/highlight/detail?id=1133913488","media":"zerohedge","summary":"After last week’s market fireworks on the Fed's \"hawkish surprise\" and Jim Bullard's \"you think that's hawkish, hold my beer\" moment on Friday morning, which has many market participants screaming “policy error\", Nomura's Charlie McElligott warnstraders now need to be ready for some potential “reversal of the rhetoric” this week-especially as we are looking at an astounding sixteen (!) Fed speakers on the calendar ahead......which is notable in that bothTreasury Yields and Equities are already s","content":"<p>After last week’s market fireworks on the Fed's \"hawkish surprise\" and Jim Bullard's \"you think that's hawkish, hold my beer\" moment on Friday morning, which has many market participants screaming “policy error\", Nomura's Charlie McElligott warns<b>traders now need to be ready for some potential “reversal of the rhetoric” this week</b>-<i>especially as we are looking at an astounding sixteen (!) Fed speakers on the calendar ahead...</i></p>\n<p><img src=\"https://static.tigerbbs.com/7b9c98ddf2dc1b15c2d57d8c2421a348\" tg-width=\"500\" tg-height=\"235\" referrerpolicy=\"no-referrer\"><i>...which is notable in that both</i><i><b>Treasury Yields and Equities are already substantially higher versus Asian reopening lows</b></i><i>...</i></p>\n<p><img src=\"https://static.tigerbbs.com/51d6b2b76cf82953faef9bf5fab63418\" tg-width=\"500\" tg-height=\"312\" referrerpolicy=\"no-referrer\">Which McElligott warns,<b>risks creating a counter-trend reversal which could catch many flat-footed again as tactically, any semblance of walking-back from the Fed could then elicit an optic of “Reflation,”</b>&nbsp;particularly if USD were to weaken further from here, Real Yields were to again tilt more negative and UST curves then again “bear-steepen” after their eye-water liquidations / stop-out last week—which too would then likely trigger a concurrent bounceback of the prior “Cyclical Value over Secular Growth” trend in US Equities,&nbsp;<i>after said expressions were powerfully de-grossed last week</i>&nbsp;(Nasdaq +0.4% last wk vs Russell -4.1%)</p>\n<ul>\n <li><p><i>Equities “Reflation” last week: Nomura 10 Yr Yield Sensitive Factor -4.6%; Cyclical Value Factor -3.5%; Growth Nowcast -3.1%; LT Momentum -3.1%; Wolfe AVID Value -2.7%; Defensive Value -2.4%</i></p></li>\n <li><p><i>Equities “Duration” last week: IG Credit Sensitive Factor +2.7%; HF Crowding +2.2%; Low Risk +2.0%; Size (Big-Small) +1.3%; Dividend +1.0%</i></p></li>\n</ul>\n<p><b>This is what the unspoken “third Fed mandate” of maintaining “easy financial conditions at all costs” hath wrought</b><i>-</i>an absurd cycle where Fed policy and the US economy actually works to a point where in “old” central banking, the Fed would accordingly pivot “hawkish” and begin tightening policy; but in the “Fed Put” world order, market forces now pull-ahead the negative economic slowdown implications of said “tightening” and have “taper tantrums” creating market volatility,&nbsp;<b>ultimately forcing the Fed to walk-back hawkish tone shifts if the market.</b></p>\n<p><img src=\"https://static.tigerbbs.com/0ca8c1b6e282ef937647386ccbcdc21b\" tg-width=\"500\" tg-height=\"272\" referrerpolicy=\"no-referrer\">In this case,<b>the risk this week then becomes that some portion of the very active calendar of Fed speakers will now voice a “concern” that last week’s dot plot and SEP will work against their previously stated FAIT desire and impede future growth- and inflation- expectations,and could then message on just how “conditional” those forecasts are -</b><i>i.e. downplaying their forecasting ability, in an attempt to reverse some of the market’s pull-forward of “tighter financial conditions” due to perceived “hawkish pivot” from Fed which nullifies their own prior efforts to reset future inflation expectations!</i></p>\n<p><img src=\"https://static.tigerbbs.com/72edd0892cdcb8696310f135ba5dec38\" tg-width=\"500\" tg-height=\"273\" referrerpolicy=\"no-referrer\">And as we have now seen countless times before, if the Fed then again “bends the knee” to market forces, the vol spike and forced deleveraging / hedging of risk-assets is then reversed with “rich vols” then sold into, which in standard lagging-fashion will mean that as trailing rVol then resets lower following the expected “Fed back-track,” a large covering of dynamic hedges (shorts) and / or mechancial re-leveraging of risk-asset exposure from “Target Volatility / Vol Control” universe will then see markets resume their rise, as vols are smashed<b><i>- “Crash-down, then crash-up” rinse / repeat.</i></b></p>\n<p>To further contribute to these potential “sling-shot” (crash-down, then crash-up) optics,&nbsp;<b>we now inherently see much “cleaner” options positioning (current ES at 4167, which is the “Delta Neutral vs Spot” level) post last week’s abnormally outsized Op-Ex&nbsp;</b><b><i>(although worth-noting that we are now in “short Gamma vs spot” territory at 4167 last vs 4237 “Gamma neutral” line).</i></b></p>\n<p><img src=\"https://static.tigerbbs.com/db8e096623b51035a7813c45b7dc2b02\" tg-width=\"996\" tg-height=\"618\" referrerpolicy=\"no-referrer\"></p>\n<p><b>And in the case that the incremental “hawkish Fed surprise” vol spike is sold into Dealers by the VRP crowd&nbsp;</b><b><i>(particular with any semblance of “Fed walk-back” this wk),</i></b><b>&nbsp;this impulse supply of Volatility- and Gamma- will again then perpetuate a more stable, insulated market thereafter, as Dealer “long Gamma” means hedging flows will further squelch the potential for market moves</b>- hence, the virtuous cycle phase of the “vol selling” feedback loop.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNomura Warns Of Market \"Reversal Risk\" As FedSpeak Walks Back 'Bullard Bomb'\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 21:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/nomura-warns-market-reversal-risk-fedspeak-walks-back-bulard-bomb?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After last week’s market fireworks on the Fed's \"hawkish surprise\" and Jim Bullard's \"you think that's hawkish, hold my beer\" moment on Friday morning, which has many market participants screaming “...</p>\n\n<a href=\"https://www.zerohedge.com/markets/nomura-warns-market-reversal-risk-fedspeak-walks-back-bulard-bomb?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://www.zerohedge.com/markets/nomura-warns-market-reversal-risk-fedspeak-walks-back-bulard-bomb?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133913488","content_text":"After last week’s market fireworks on the Fed's \"hawkish surprise\" and Jim Bullard's \"you think that's hawkish, hold my beer\" moment on Friday morning, which has many market participants screaming “policy error\", Nomura's Charlie McElligott warnstraders now need to be ready for some potential “reversal of the rhetoric” this week-especially as we are looking at an astounding sixteen (!) Fed speakers on the calendar ahead...\n...which is notable in that bothTreasury Yields and Equities are already substantially higher versus Asian reopening lows...\nWhich McElligott warns,risks creating a counter-trend reversal which could catch many flat-footed again as tactically, any semblance of walking-back from the Fed could then elicit an optic of “Reflation,” particularly if USD were to weaken further from here, Real Yields were to again tilt more negative and UST curves then again “bear-steepen” after their eye-water liquidations / stop-out last week—which too would then likely trigger a concurrent bounceback of the prior “Cyclical Value over Secular Growth” trend in US Equities, after said expressions were powerfully de-grossed last week (Nasdaq +0.4% last wk vs Russell -4.1%)\n\nEquities “Reflation” last week: Nomura 10 Yr Yield Sensitive Factor -4.6%; Cyclical Value Factor -3.5%; Growth Nowcast -3.1%; LT Momentum -3.1%; Wolfe AVID Value -2.7%; Defensive Value -2.4%\nEquities “Duration” last week: IG Credit Sensitive Factor +2.7%; HF Crowding +2.2%; Low Risk +2.0%; Size (Big-Small) +1.3%; Dividend +1.0%\n\nThis is what the unspoken “third Fed mandate” of maintaining “easy financial conditions at all costs” hath wrought-an absurd cycle where Fed policy and the US economy actually works to a point where in “old” central banking, the Fed would accordingly pivot “hawkish” and begin tightening policy; but in the “Fed Put” world order, market forces now pull-ahead the negative economic slowdown implications of said “tightening” and have “taper tantrums” creating market volatility, ultimately forcing the Fed to walk-back hawkish tone shifts if the market.\nIn this case,the risk this week then becomes that some portion of the very active calendar of Fed speakers will now voice a “concern” that last week’s dot plot and SEP will work against their previously stated FAIT desire and impede future growth- and inflation- expectations,and could then message on just how “conditional” those forecasts are -i.e. downplaying their forecasting ability, in an attempt to reverse some of the market’s pull-forward of “tighter financial conditions” due to perceived “hawkish pivot” from Fed which nullifies their own prior efforts to reset future inflation expectations!\nAnd as we have now seen countless times before, if the Fed then again “bends the knee” to market forces, the vol spike and forced deleveraging / hedging of risk-assets is then reversed with “rich vols” then sold into, which in standard lagging-fashion will mean that as trailing rVol then resets lower following the expected “Fed back-track,” a large covering of dynamic hedges (shorts) and / or mechancial re-leveraging of risk-asset exposure from “Target Volatility / Vol Control” universe will then see markets resume their rise, as vols are smashed- “Crash-down, then crash-up” rinse / repeat.\nTo further contribute to these potential “sling-shot” (crash-down, then crash-up) optics, we now inherently see much “cleaner” options positioning (current ES at 4167, which is the “Delta Neutral vs Spot” level) post last week’s abnormally outsized Op-Ex (although worth-noting that we are now in “short Gamma vs spot” territory at 4167 last vs 4237 “Gamma neutral” line).\n\nAnd in the case that the incremental “hawkish Fed surprise” vol spike is sold into Dealers by the VRP crowd (particular with any semblance of “Fed walk-back” this wk), this impulse supply of Volatility- and Gamma- will again then perpetuate a more stable, insulated market thereafter, as Dealer “long Gamma” means hedging flows will further squelch the potential for market moves- hence, the virtuous cycle phase of the “vol selling” feedback loop.","news_type":1},"isVote":1,"tweetType":1,"viewCount":694,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167763978,"gmtCreate":1624285135695,"gmtModify":1703832496951,"author":{"id":"3575507353908450","authorId":"3575507353908450","name":"trisnando","avatar":"https://static.tigerbbs.com/a97932ca83eff2802eeb59122aeca88e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575507353908450","authorIdStr":"3575507353908450"},"themes":[],"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167763978","repostId":"1133913488","repostType":4,"repost":{"id":"1133913488","kind":"news","pubTimestamp":1624283796,"share":"https://ttm.financial/m/news/1133913488?lang=&edition=fundamental","pubTime":"2021-06-21 21:56","market":"us","language":"en","title":"Nomura Warns Of Market \"Reversal Risk\" As FedSpeak Walks Back 'Bullard Bomb'","url":"https://stock-news.laohu8.com/highlight/detail?id=1133913488","media":"zerohedge","summary":"After last week’s market fireworks on the Fed's \"hawkish surprise\" and Jim Bullard's \"you think that's hawkish, hold my beer\" moment on Friday morning, which has many market participants screaming “policy error\", Nomura's Charlie McElligott warnstraders now need to be ready for some potential “reversal of the rhetoric” this week-especially as we are looking at an astounding sixteen (!) Fed speakers on the calendar ahead......which is notable in that bothTreasury Yields and Equities are already s","content":"<p>After last week’s market fireworks on the Fed's \"hawkish surprise\" and Jim Bullard's \"you think that's hawkish, hold my beer\" moment on Friday morning, which has many market participants screaming “policy error\", Nomura's Charlie McElligott warns<b>traders now need to be ready for some potential “reversal of the rhetoric” this week</b>-<i>especially as we are looking at an astounding sixteen (!) Fed speakers on the calendar ahead...</i></p>\n<p><img src=\"https://static.tigerbbs.com/7b9c98ddf2dc1b15c2d57d8c2421a348\" tg-width=\"500\" tg-height=\"235\" referrerpolicy=\"no-referrer\"><i>...which is notable in that both</i><i><b>Treasury Yields and Equities are already substantially higher versus Asian reopening lows</b></i><i>...</i></p>\n<p><img src=\"https://static.tigerbbs.com/51d6b2b76cf82953faef9bf5fab63418\" tg-width=\"500\" tg-height=\"312\" referrerpolicy=\"no-referrer\">Which McElligott warns,<b>risks creating a counter-trend reversal which could catch many flat-footed again as tactically, any semblance of walking-back from the Fed could then elicit an optic of “Reflation,”</b>&nbsp;particularly if USD were to weaken further from here, Real Yields were to again tilt more negative and UST curves then again “bear-steepen” after their eye-water liquidations / stop-out last week—which too would then likely trigger a concurrent bounceback of the prior “Cyclical Value over Secular Growth” trend in US Equities,&nbsp;<i>after said expressions were powerfully de-grossed last week</i>&nbsp;(Nasdaq +0.4% last wk vs Russell -4.1%)</p>\n<ul>\n <li><p><i>Equities “Reflation” last week: Nomura 10 Yr Yield Sensitive Factor -4.6%; Cyclical Value Factor -3.5%; Growth Nowcast -3.1%; LT Momentum -3.1%; Wolfe AVID Value -2.7%; Defensive Value -2.4%</i></p></li>\n <li><p><i>Equities “Duration” last week: IG Credit Sensitive Factor +2.7%; HF Crowding +2.2%; Low Risk +2.0%; Size (Big-Small) +1.3%; Dividend +1.0%</i></p></li>\n</ul>\n<p><b>This is what the unspoken “third Fed mandate” of maintaining “easy financial conditions at all costs” hath wrought</b><i>-</i>an absurd cycle where Fed policy and the US economy actually works to a point where in “old” central banking, the Fed would accordingly pivot “hawkish” and begin tightening policy; but in the “Fed Put” world order, market forces now pull-ahead the negative economic slowdown implications of said “tightening” and have “taper tantrums” creating market volatility,&nbsp;<b>ultimately forcing the Fed to walk-back hawkish tone shifts if the market.</b></p>\n<p><img src=\"https://static.tigerbbs.com/0ca8c1b6e282ef937647386ccbcdc21b\" tg-width=\"500\" tg-height=\"272\" referrerpolicy=\"no-referrer\">In this case,<b>the risk this week then becomes that some portion of the very active calendar of Fed speakers will now voice a “concern” that last week’s dot plot and SEP will work against their previously stated FAIT desire and impede future growth- and inflation- expectations,and could then message on just how “conditional” those forecasts are -</b><i>i.e. downplaying their forecasting ability, in an attempt to reverse some of the market’s pull-forward of “tighter financial conditions” due to perceived “hawkish pivot” from Fed which nullifies their own prior efforts to reset future inflation expectations!</i></p>\n<p><img src=\"https://static.tigerbbs.com/72edd0892cdcb8696310f135ba5dec38\" tg-width=\"500\" tg-height=\"273\" referrerpolicy=\"no-referrer\">And as we have now seen countless times before, if the Fed then again “bends the knee” to market forces, the vol spike and forced deleveraging / hedging of risk-assets is then reversed with “rich vols” then sold into, which in standard lagging-fashion will mean that as trailing rVol then resets lower following the expected “Fed back-track,” a large covering of dynamic hedges (shorts) and / or mechancial re-leveraging of risk-asset exposure from “Target Volatility / Vol Control” universe will then see markets resume their rise, as vols are smashed<b><i>- “Crash-down, then crash-up” rinse / repeat.</i></b></p>\n<p>To further contribute to these potential “sling-shot” (crash-down, then crash-up) optics,&nbsp;<b>we now inherently see much “cleaner” options positioning (current ES at 4167, which is the “Delta Neutral vs Spot” level) post last week’s abnormally outsized Op-Ex&nbsp;</b><b><i>(although worth-noting that we are now in “short Gamma vs spot” territory at 4167 last vs 4237 “Gamma neutral” line).</i></b></p>\n<p><img src=\"https://static.tigerbbs.com/db8e096623b51035a7813c45b7dc2b02\" tg-width=\"996\" tg-height=\"618\" referrerpolicy=\"no-referrer\"></p>\n<p><b>And in the case that the incremental “hawkish Fed surprise” vol spike is sold into Dealers by the VRP crowd&nbsp;</b><b><i>(particular with any semblance of “Fed walk-back” this wk),</i></b><b>&nbsp;this impulse supply of Volatility- and Gamma- will again then perpetuate a more stable, insulated market thereafter, as Dealer “long Gamma” means hedging flows will further squelch the potential for market moves</b>- hence, the virtuous cycle phase of the “vol selling” feedback loop.</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>Nomura Warns Of Market \"Reversal Risk\" As FedSpeak Walks Back 'Bullard Bomb'</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\">\nNomura Warns Of Market \"Reversal Risk\" As FedSpeak Walks Back 'Bullard Bomb'\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 21:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/nomura-warns-market-reversal-risk-fedspeak-walks-back-bulard-bomb?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After last week’s market fireworks on the Fed's \"hawkish surprise\" and Jim Bullard's \"you think that's hawkish, hold my beer\" moment on Friday morning, which has many market participants screaming “...</p>\n\n<a href=\"https://www.zerohedge.com/markets/nomura-warns-market-reversal-risk-fedspeak-walks-back-bulard-bomb?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://www.zerohedge.com/markets/nomura-warns-market-reversal-risk-fedspeak-walks-back-bulard-bomb?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133913488","content_text":"After last week’s market fireworks on the Fed's \"hawkish surprise\" and Jim Bullard's \"you think that's hawkish, hold my beer\" moment on Friday morning, which has many market participants screaming “policy error\", Nomura's Charlie McElligott warnstraders now need to be ready for some potential “reversal of the rhetoric” this week-especially as we are looking at an astounding sixteen (!) Fed speakers on the calendar ahead...\n...which is notable in that bothTreasury Yields and Equities are already substantially higher versus Asian reopening lows...\nWhich McElligott warns,risks creating a counter-trend reversal which could catch many flat-footed again as tactically, any semblance of walking-back from the Fed could then elicit an optic of “Reflation,” particularly if USD were to weaken further from here, Real Yields were to again tilt more negative and UST curves then again “bear-steepen” after their eye-water liquidations / stop-out last week—which too would then likely trigger a concurrent bounceback of the prior “Cyclical Value over Secular Growth” trend in US Equities, after said expressions were powerfully de-grossed last week (Nasdaq +0.4% last wk vs Russell -4.1%)\n\nEquities “Reflation” last week: Nomura 10 Yr Yield Sensitive Factor -4.6%; Cyclical Value Factor -3.5%; Growth Nowcast -3.1%; LT Momentum -3.1%; Wolfe AVID Value -2.7%; Defensive Value -2.4%\nEquities “Duration” last week: IG Credit Sensitive Factor +2.7%; HF Crowding +2.2%; Low Risk +2.0%; Size (Big-Small) +1.3%; Dividend +1.0%\n\nThis is what the unspoken “third Fed mandate” of maintaining “easy financial conditions at all costs” hath wrought-an absurd cycle where Fed policy and the US economy actually works to a point where in “old” central banking, the Fed would accordingly pivot “hawkish” and begin tightening policy; but in the “Fed Put” world order, market forces now pull-ahead the negative economic slowdown implications of said “tightening” and have “taper tantrums” creating market volatility, ultimately forcing the Fed to walk-back hawkish tone shifts if the market.\nIn this case,the risk this week then becomes that some portion of the very active calendar of Fed speakers will now voice a “concern” that last week’s dot plot and SEP will work against their previously stated FAIT desire and impede future growth- and inflation- expectations,and could then message on just how “conditional” those forecasts are -i.e. downplaying their forecasting ability, in an attempt to reverse some of the market’s pull-forward of “tighter financial conditions” due to perceived “hawkish pivot” from Fed which nullifies their own prior efforts to reset future inflation expectations!\nAnd as we have now seen countless times before, if the Fed then again “bends the knee” to market forces, the vol spike and forced deleveraging / hedging of risk-assets is then reversed with “rich vols” then sold into, which in standard lagging-fashion will mean that as trailing rVol then resets lower following the expected “Fed back-track,” a large covering of dynamic hedges (shorts) and / or mechancial re-leveraging of risk-asset exposure from “Target Volatility / Vol Control” universe will then see markets resume their rise, as vols are smashed- “Crash-down, then crash-up” rinse / repeat.\nTo further contribute to these potential “sling-shot” (crash-down, then crash-up) optics, we now inherently see much “cleaner” options positioning (current ES at 4167, which is the “Delta Neutral vs Spot” level) post last week’s abnormally outsized Op-Ex (although worth-noting that we are now in “short Gamma vs spot” territory at 4167 last vs 4237 “Gamma neutral” line).\n\nAnd in the case that the incremental “hawkish Fed surprise” vol spike is sold into Dealers by the VRP crowd (particular with any semblance of “Fed walk-back” this wk), this impulse supply of Volatility- and Gamma- will again then perpetuate a more stable, insulated market thereafter, as Dealer “long Gamma” means hedging flows will further squelch the potential for market moves- hence, the virtuous cycle phase of the “vol selling” feedback loop.","news_type":1},"isVote":1,"tweetType":1,"viewCount":234,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160615208,"gmtCreate":1623794753304,"gmtModify":1703819426341,"author":{"id":"3575507353908450","authorId":"3575507353908450","name":"trisnando","avatar":"https://static.tigerbbs.com/a97932ca83eff2802eeb59122aeca88e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575507353908450","authorIdStr":"3575507353908450"},"themes":[],"htmlText":"Fatty","listText":"Fatty","text":"Fatty","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/160615208","repostId":"1147269544","repostType":4,"repost":{"id":"1147269544","kind":"news","pubTimestamp":1623770166,"share":"https://ttm.financial/m/news/1147269544?lang=&edition=fundamental","pubTime":"2021-06-15 23:16","market":"us","language":"en","title":"Michael \"Big Short\" Burry: This Is The Greatest Bubble Of All Time In All Things \"By Two Orders Of Magnitude\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1147269544","media":"zerohedge","summary":"Earlier this year, none other than Michael 'Big Short' Burry confirmedBofA's greatest fears, as he p","content":"<p>Earlier this year, none other than Michael 'Big Short' Burry confirmedBofA's greatest fears, as he picked up on the theme of Weimar Germany and specifically its<b>hyperinflation, as the blueprint for what comes next</b>in a lengthy tweetstorm cribbing generously fromParsson's seminal work, warning that<b>:</b></p>\n<p><b>\"The US government is inviting inflation with its MMT-tinged policies. Brisk Debt/GDP, M2 increases while retail sales, PMI stage V recovery</b>. Trillions more stimulus &amp; re-opening to boost demand as employee and supply chain costs skyrocket.\"</p>\n<p>#ParadigmShift</p>\n<p>\"The life of the inflation in its ripening stage was a paradox which had its own unmistakable characteristics. One was the great wealth, at least of those favored by the boom..Many great fortunes sprang up overnight...The cities, had an aimless and wanton youth\"</p>\n<p>\"Prices in Germany were steady, and both business and the stock market were booming. The exchange rate of the mark against the dollar and other currencies actually rose for a time, and the mark was momentarily the strongest currency in the world\" on inflation's eve.</p>\n<p><b>\"Side by side with the wealth were the pockets of poverty. Greater numbers of people remained on the outside of the easy money, looking in but not able to enter. The crime rate soared.\"</b></p>\n<p><b>\"Accounts of the time tell of a progressive demoralization which crept over the common people, compounded of their weariness with the breakneck pace, to no visible purpose, and their fears from watching their own precarious positions slip while others grew so conspicuously rich.\"</b></p>\n<p>\"Almost any kind of business could make money. Business failures and bankruptcies became few. The boom suspended the normal processes of natural selection by which the nonessential and ineffective otherwise would have been culled out.\"</p>\n<p><b>\"Speculation alone, while adding nothing to Germany's wealth, became one of its largest activities. The fever to join in turning a quick mark infected nearly all classes..Everyone from the elevator operator up was playing the market.\"</b></p>\n<p>\"The volumes of turnover in securities on the Berlin Bourse became so high that the financial industry could not keep up with the paperwork...and the Bourse was obliged to close several days a week to work off the backlog\" #<i>robinhooddown</i></p>\n<p>\"all the marks that existed in the world in the summer of 1922 were not worth enough, by November of 1923, to buy a single&nbsp; newspaper or a tram ticket. That was the spectacular part of the collapse, but most of the real loss in money wealth had been suffered much earlier.\"</p>\n<p>\"Throughout these years the structure was quietly building itself up for the blow.<b>Germany's #inflationcycle ran not for a year but for nine years, representing eight years of gestation and only one year of #collapse.\"</b></p>\n<p>His punchline: the above was \"written in 1974 re: 1914-1923\" and then makes the ominous extrapolation that \"<b>2010-2021: Gestation</b>\" adding that \"when dollars might as well be falling from the sky...management teams get creative and ultimately take more risk.. paying out debt-financed dividends to investors or investing in risky growth opportunities has beaten a frugal mentality hands down.\"</p>\n<p><img src=\"https://static.tigerbbs.com/c531b21050b42425510a30125935555e\" tg-width=\"500\" tg-height=\"395\">And, as if reading from the same playbook,<b>Paul Tudor Jones warned yesterday that things are \"bat shit crazy\"</b>and if Jay Powell</p>\n<blockquote>\n <i><b>“The idea that inflation is transitory, to me ... that one just doesn’t work the way I see the world.\"</b></i>\n</blockquote>\n<p>All of which led to Burry's latest tweet warning this morning...</p>\n<blockquote>\n <i><b>\"People always ask me what is going on in the markets. It is simple. Greatest Speculative Bubble of All Time in All Things. By two orders of magnitude.</b></i>#FlyingPigs360\"\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/afafeb68134e031ca871659bd8dbc595\" tg-width=\"512\" tg-height=\"261\">In other words:<i><b>\"Brace!\"</b></i></p>\n<p>So what are you going to do about it?</p>\n<p>Tudor Jones had some simple advice: \"<b>buy commodities, buy crypto, buy gold.\"</b></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>Michael \"Big Short\" Burry: This Is The Greatest Bubble Of All Time In All Things \"By Two Orders Of Magnitude\"</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\">\nMichael \"Big Short\" Burry: This Is The Greatest Bubble Of All Time In All Things \"By Two Orders Of Magnitude\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 23:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/michael-big-short-burry-greatest-bubble-all-time-all-things-two-orders-magnitude><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Earlier this year, none other than Michael 'Big Short' Burry confirmedBofA's greatest fears, as he picked up on the theme of Weimar Germany and specifically itshyperinflation, as the blueprint for ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/michael-big-short-burry-greatest-bubble-all-time-all-things-two-orders-magnitude\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.zerohedge.com/markets/michael-big-short-burry-greatest-bubble-all-time-all-things-two-orders-magnitude","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147269544","content_text":"Earlier this year, none other than Michael 'Big Short' Burry confirmedBofA's greatest fears, as he picked up on the theme of Weimar Germany and specifically itshyperinflation, as the blueprint for what comes nextin a lengthy tweetstorm cribbing generously fromParsson's seminal work, warning that:\n\"The US government is inviting inflation with its MMT-tinged policies. Brisk Debt/GDP, M2 increases while retail sales, PMI stage V recovery. Trillions more stimulus & re-opening to boost demand as employee and supply chain costs skyrocket.\"\n#ParadigmShift\n\"The life of the inflation in its ripening stage was a paradox which had its own unmistakable characteristics. One was the great wealth, at least of those favored by the boom..Many great fortunes sprang up overnight...The cities, had an aimless and wanton youth\"\n\"Prices in Germany were steady, and both business and the stock market were booming. The exchange rate of the mark against the dollar and other currencies actually rose for a time, and the mark was momentarily the strongest currency in the world\" on inflation's eve.\n\"Side by side with the wealth were the pockets of poverty. Greater numbers of people remained on the outside of the easy money, looking in but not able to enter. The crime rate soared.\"\n\"Accounts of the time tell of a progressive demoralization which crept over the common people, compounded of their weariness with the breakneck pace, to no visible purpose, and their fears from watching their own precarious positions slip while others grew so conspicuously rich.\"\n\"Almost any kind of business could make money. Business failures and bankruptcies became few. The boom suspended the normal processes of natural selection by which the nonessential and ineffective otherwise would have been culled out.\"\n\"Speculation alone, while adding nothing to Germany's wealth, became one of its largest activities. The fever to join in turning a quick mark infected nearly all classes..Everyone from the elevator operator up was playing the market.\"\n\"The volumes of turnover in securities on the Berlin Bourse became so high that the financial industry could not keep up with the paperwork...and the Bourse was obliged to close several days a week to work off the backlog\" #robinhooddown\n\"all the marks that existed in the world in the summer of 1922 were not worth enough, by November of 1923, to buy a single  newspaper or a tram ticket. That was the spectacular part of the collapse, but most of the real loss in money wealth had been suffered much earlier.\"\n\"Throughout these years the structure was quietly building itself up for the blow.Germany's #inflationcycle ran not for a year but for nine years, representing eight years of gestation and only one year of #collapse.\"\nHis punchline: the above was \"written in 1974 re: 1914-1923\" and then makes the ominous extrapolation that \"2010-2021: Gestation\" adding that \"when dollars might as well be falling from the sky...management teams get creative and ultimately take more risk.. paying out debt-financed dividends to investors or investing in risky growth opportunities has beaten a frugal mentality hands down.\"\nAnd, as if reading from the same playbook,Paul Tudor Jones warned yesterday that things are \"bat shit crazy\"and if Jay Powell\n\n“The idea that inflation is transitory, to me ... that one just doesn’t work the way I see the world.\"\n\nAll of which led to Burry's latest tweet warning this morning...\n\n\"People always ask me what is going on in the markets. It is simple. Greatest Speculative Bubble of All Time in All Things. By two orders of magnitude.#FlyingPigs360\"\n\nIn other words:\"Brace!\"\nSo what are you going to do about it?\nTudor Jones had some simple advice: \"buy commodities, buy crypto, buy gold.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":392,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160615664,"gmtCreate":1623794738958,"gmtModify":1703819427310,"author":{"id":"3575507353908450","authorId":"3575507353908450","name":"trisnando","avatar":"https://static.tigerbbs.com/a97932ca83eff2802eeb59122aeca88e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575507353908450","authorIdStr":"3575507353908450"},"themes":[],"htmlText":"Pls drop so i can buu","listText":"Pls drop so i can buu","text":"Pls drop so i can buu","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/160615664","repostId":"1187337744","repostType":4,"repost":{"id":"1187337744","kind":"news","pubTimestamp":1623770439,"share":"https://ttm.financial/m/news/1187337744?lang=&edition=fundamental","pubTime":"2021-06-15 23:20","market":"us","language":"en","title":"FOMC Preview: \"It's Like The Titanic Running At Full Speed. In Fog. At Night\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1187337744","media":"zerohedge","summary":"Perhaps it's prudent to ease up on the throttle.","content":"<p>There's an FOMC meeting this week and we are expecting a policy statement at 2:00 PM on Wednesday. Many commentators are calling this FOMC meeting the \"most important\" in recent years.</p>\n<p><u><i><b>Big picture … did the Fed move the goal posts?</b></i></u></p>\n<p>Let's look at some numbers.</p>\n<p>Monthly inflation: wage growth +.5%, PCE +.7%, PPI +.6%, CPI +.7% -<b>these are real scary when they're annualized</b>.</p>\n<p>GDP is projected to be 6.4% and the unemployment rate is projected to be 5.5% at the next report.</p>\n<p>With these numbers, U.S. monetary is still \"<b>all in.\"</b></p>\n<p>Overnight rates are at 0% and QE running at $120 billion a month.</p>\n<p><b>On top of that, there will be more stimulus as the economy continues to reopen.</b></p>\n<p>In my book, this economic situation calls for attention.</p>\n<p><u><i><b>It's like the Titanic running at full speed. In fog. At night.</b></i></u></p>\n<p>Perhaps it's prudent to ease up on the throttle.</p>\n<p></p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>FOMC Preview: \"It's Like The Titanic Running At Full Speed. In Fog. At Night\"</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\">\nFOMC Preview: \"It's Like The Titanic Running At Full Speed. In Fog. At Night\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 23:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/fomc-preview-its-titanic-running-full-speed-fog-night><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There's an FOMC meeting this week and we are expecting a policy statement at 2:00 PM on Wednesday. Many commentators are calling this FOMC meeting the \"most important\" in recent years.\nBig picture … ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/fomc-preview-its-titanic-running-full-speed-fog-night\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.zerohedge.com/markets/fomc-preview-its-titanic-running-full-speed-fog-night","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187337744","content_text":"There's an FOMC meeting this week and we are expecting a policy statement at 2:00 PM on Wednesday. Many commentators are calling this FOMC meeting the \"most important\" in recent years.\nBig picture … did the Fed move the goal posts?\nLet's look at some numbers.\nMonthly inflation: wage growth +.5%, PCE +.7%, PPI +.6%, CPI +.7% -these are real scary when they're annualized.\nGDP is projected to be 6.4% and the unemployment rate is projected to be 5.5% at the next report.\nWith these numbers, U.S. monetary is still \"all in.\"\nOvernight rates are at 0% and QE running at $120 billion a month.\nOn top of that, there will be more stimulus as the economy continues to reopen.\nIn my book, this economic situation calls for attention.\nIt's like the Titanic running at full speed. In fog. At night.\nPerhaps it's prudent to ease up on the throttle.","news_type":1},"isVote":1,"tweetType":1,"viewCount":702,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160612733,"gmtCreate":1623794716522,"gmtModify":1703819425316,"author":{"id":"3575507353908450","authorId":"3575507353908450","name":"trisnando","avatar":"https://static.tigerbbs.com/a97932ca83eff2802eeb59122aeca88e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575507353908450","authorIdStr":"3575507353908450"},"themes":[],"htmlText":"Spam","listText":"Spam","text":"Spam","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/160612733","repostId":"1191245053","repostType":4,"repost":{"id":"1191245053","kind":"news","pubTimestamp":1623762167,"share":"https://ttm.financial/m/news/1191245053?lang=&edition=fundamental","pubTime":"2021-06-15 21:02","market":"us","language":"en","title":"Quad-Witch Quandary: How Will Friday's $2 Trillion Gamma Expiration Impact Markets","url":"https://stock-news.laohu8.com/highlight/detail?id=1191245053","media":"zerohedge","summary":"Last week, when discussing thebizarre summer doldrumsin the market which pushed the VIX to the lowest level since the onset of the covid pandemic, we said that this period of abnormal market quiet is likely to last until this Friday' quad-witch, when a massive amount of gamma and delta expire and are de-risked, in the process eliminating one of the natural downside stock buffers .So picking up on the topic of Friday' potentially market-moving opex, Goldman' in-house derivatives expert, Rocky Fis","content":"<p>Last week, when discussing thebizarre summer doldrumsin the market which pushed the VIX to the lowest level since the onset of the covid pandemic, we said that this period of abnormal market quiet is likely to last until this Friday' quad-witch, when a massive amount of gamma and delta expire and are de-risked, in the process eliminating one of the natural downside stock buffers (see \"4 Reasons Why The Market Doldrums End With Next Friday's Op-Ex\").</p>\n<p>So picking up on the topic of Friday' potentially market-moving opex, Goldman' in-house derivatives expert, Rocky Fishman, previews June’s upcoming expiration which he dubs as \"large - comparable to a typical quarterly.\" Specifically,<b>there are $1.8 trillion of SPX options expiring on Friday, in addition to $240 billion of SPY options and $200 billion of options on SPX and SPX E-mini futures.</b></p>\n<p><img src=\"https://static.tigerbbs.com/0d1ece116794c7f6523250fd682450e3\" tg-width=\"959\" tg-height=\"765\" referrerpolicy=\"no-referrer\"></p>\n<p>Yet while these totals are massive,<b>when adjusted for the index’s size the amount of expiring options within 10% of current spot is smaller than just about any quarterly over the past decade.</b></p>\n<p><img src=\"https://static.tigerbbs.com/534b677774a92a59d4fe08f09359932b\" tg-width=\"500\" tg-height=\"298\" referrerpolicy=\"no-referrer\"></p>\n<p>It's worth noting that according to Goldman estimates that combos account<b>for 15-20% of SPX options,</b>so an adjusted open interest total would add up to $1.5tln, still much larger than total expiring single stock open interest ($775bln). Furthermore, with stocks at all time highs, it is to be expected that most of the June open interest is below the current SPX spot price. As shown in the chart below, the dual peaks are at 3,900 and 4,150. This means that after Friday, there may be a certain \"anti\"-gravity around those spots until gamma is refilled.</p>\n<p><img src=\"https://static.tigerbbs.com/adfcada2b0ef3f2ebbd684649a613043\" tg-width=\"936\" tg-height=\"541\" referrerpolicy=\"no-referrer\"></p>\n<p>The Goldman strategist then explains what he believes is below the abnormally low level of realized market vol, noting that - as we discussed last week - it is consistent with long gamma positioning. Consider that SPX<b>realized volatility over the past 13 trading days has been just 5.1% - the lowest 13-day realized vol since 2019.</b></p>\n<p><img src=\"https://static.tigerbbs.com/afffda1e07736784ad695d95a9936421\" tg-width=\"952\" tg-height=\"558\" referrerpolicy=\"no-referrer\"></p>\n<p>This contrasts with extreme volatility in pockets of the single stock market; AMC, which had the highest contract volume among single stocks last week (but far less notional volume at$7bln/day than AMZN’s leading $120bln/day), has had close to 400% realized vol over the same period.</p>\n<p><img src=\"https://static.tigerbbs.com/df2b7aeaadb37160a7eaf0ac08ba31de\" tg-width=\"1236\" tg-height=\"561\" referrerpolicy=\"no-referrer\"></p>\n<p>Then, as Nomura's Charlie McElligott first noted last week, Goldman's derivatives team agrees that<b>the extremely low SPX realized volatility is consistent with the possibility that 18-Jun has left “the street” long index gamma, in which case Fishman echoeswhat we said last week, namely that \"realized volatility could pick up once positions are cleaner. \"</b>Meanwhile, the rising beta of VIX futures to the SPX indicates that investors expect short gamma dynamics to pick up should markets sell off. Translation:<u><b>the market will become much more volatile in a selloff.</b></u></p>\n<p><img src=\"https://static.tigerbbs.com/76b01b8a05b70ec4f343626b1fad491b\" tg-width=\"931\" tg-height=\"560\" referrerpolicy=\"no-referrer\"></p>\n<p>Meanwhile, and in keeping with the latest memo stock squeeze, Goldman also notes that while single stock option volumes continue to be high, it is well short of Q1 peaks. The large percentage of all single stock option activity driven by retail, and the predictive value of retail activity, have both heightened the attention on the single stock option market in recent weeks. Recent growth in single stock option activity has been concentrated in low-share-price stocks, leaving a shar prise in contract-volume over the past two weeks that has not been matched by notional volume. When adjusting notional volume for the size of the equity market, Goldman finds that single stock volume has actually been on the low of its 2021 range over the past two weeks which means that the latest ramps had little to no gamma squeeze components to them.</p>\n<p><img src=\"https://static.tigerbbs.com/9c6c3df49e3e5d1e4a7a0d9c24696e6a\" tg-width=\"1212\" tg-height=\"608\" referrerpolicy=\"no-referrer\"></p>\n<p>One final point which we discussed recently and which is in keeping with the growing retail participation in trading, is Goldman's observation that the trend toward shorter-dated SPX options (weeklies) and away from quarterlies, continues. That also is one of the reasons why Friday’s SPX expiration is smaller than many recent quarterlies, and why as it as approached expiration, its trading volume has been falling.</p>\n<p>As Goldman explains, investors have been increasingly adopting the full calendar of SPX expirations, including expirations every Monday and Wednesday, as they tailor their views around events. In fact,<b>the percentage of SPX option volume happening in 3rd Friday expirations is at an all-time low,</b>and is now smaller than the percentage happening in Monday and Wednesday expirations. One explanation for heightened ultra-short-dated volumes is the strong single stock volumes: and here an interest suggesting from Goldman - \"to the extent market makers are unable to cover the short single stock gamma generated by retail investors’ call buying, they may be actively trading long positions in strips of ultra-short-dated SPX index options to offset this gamma.\"</p>\n<p><img src=\"https://static.tigerbbs.com/bd0e886a62a61c70b0f299bd6c032a24\" tg-width=\"954\" tg-height=\"1128\" referrerpolicy=\"no-referrer\"></p>\n<p>Why is this important? because if this trend is large enough, it directly contributes to low implied and realized correlation.<b>Ironically, by ramping single name, \"most-shorted names\", retail investors are ushering a period of unorthodox calm across the rest of the market!</b></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>Quad-Witch Quandary: How Will Friday's $2 Trillion Gamma Expiration Impact Markets</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\">\nQuad-Witch Quandary: How Will Friday's $2 Trillion Gamma Expiration Impact Markets\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 21:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/quad-witch-quandary-how-will-fridays-2-trillion-gamma-expiration-impact-markets><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Last week, when discussing thebizarre summer doldrumsin the market which pushed the VIX to the lowest level since the onset of the covid pandemic, we said that this period of abnormal market quiet is ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/quad-witch-quandary-how-will-fridays-2-trillion-gamma-expiration-impact-markets\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF",".DJI":"道琼斯"},"source_url":"https://www.zerohedge.com/markets/quad-witch-quandary-how-will-fridays-2-trillion-gamma-expiration-impact-markets","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191245053","content_text":"Last week, when discussing thebizarre summer doldrumsin the market which pushed the VIX to the lowest level since the onset of the covid pandemic, we said that this period of abnormal market quiet is likely to last until this Friday' quad-witch, when a massive amount of gamma and delta expire and are de-risked, in the process eliminating one of the natural downside stock buffers (see \"4 Reasons Why The Market Doldrums End With Next Friday's Op-Ex\").\nSo picking up on the topic of Friday' potentially market-moving opex, Goldman' in-house derivatives expert, Rocky Fishman, previews June’s upcoming expiration which he dubs as \"large - comparable to a typical quarterly.\" Specifically,there are $1.8 trillion of SPX options expiring on Friday, in addition to $240 billion of SPY options and $200 billion of options on SPX and SPX E-mini futures.\n\nYet while these totals are massive,when adjusted for the index’s size the amount of expiring options within 10% of current spot is smaller than just about any quarterly over the past decade.\n\nIt's worth noting that according to Goldman estimates that combos accountfor 15-20% of SPX options,so an adjusted open interest total would add up to $1.5tln, still much larger than total expiring single stock open interest ($775bln). Furthermore, with stocks at all time highs, it is to be expected that most of the June open interest is below the current SPX spot price. As shown in the chart below, the dual peaks are at 3,900 and 4,150. This means that after Friday, there may be a certain \"anti\"-gravity around those spots until gamma is refilled.\n\nThe Goldman strategist then explains what he believes is below the abnormally low level of realized market vol, noting that - as we discussed last week - it is consistent with long gamma positioning. Consider that SPXrealized volatility over the past 13 trading days has been just 5.1% - the lowest 13-day realized vol since 2019.\n\nThis contrasts with extreme volatility in pockets of the single stock market; AMC, which had the highest contract volume among single stocks last week (but far less notional volume at$7bln/day than AMZN’s leading $120bln/day), has had close to 400% realized vol over the same period.\n\nThen, as Nomura's Charlie McElligott first noted last week, Goldman's derivatives team agrees thatthe extremely low SPX realized volatility is consistent with the possibility that 18-Jun has left “the street” long index gamma, in which case Fishman echoeswhat we said last week, namely that \"realized volatility could pick up once positions are cleaner. \"Meanwhile, the rising beta of VIX futures to the SPX indicates that investors expect short gamma dynamics to pick up should markets sell off. Translation:the market will become much more volatile in a selloff.\n\nMeanwhile, and in keeping with the latest memo stock squeeze, Goldman also notes that while single stock option volumes continue to be high, it is well short of Q1 peaks. The large percentage of all single stock option activity driven by retail, and the predictive value of retail activity, have both heightened the attention on the single stock option market in recent weeks. Recent growth in single stock option activity has been concentrated in low-share-price stocks, leaving a shar prise in contract-volume over the past two weeks that has not been matched by notional volume. When adjusting notional volume for the size of the equity market, Goldman finds that single stock volume has actually been on the low of its 2021 range over the past two weeks which means that the latest ramps had little to no gamma squeeze components to them.\n\nOne final point which we discussed recently and which is in keeping with the growing retail participation in trading, is Goldman's observation that the trend toward shorter-dated SPX options (weeklies) and away from quarterlies, continues. That also is one of the reasons why Friday’s SPX expiration is smaller than many recent quarterlies, and why as it as approached expiration, its trading volume has been falling.\nAs Goldman explains, investors have been increasingly adopting the full calendar of SPX expirations, including expirations every Monday and Wednesday, as they tailor their views around events. In fact,the percentage of SPX option volume happening in 3rd Friday expirations is at an all-time low,and is now smaller than the percentage happening in Monday and Wednesday expirations. One explanation for heightened ultra-short-dated volumes is the strong single stock volumes: and here an interest suggesting from Goldman - \"to the extent market makers are unable to cover the short single stock gamma generated by retail investors’ call buying, they may be actively trading long positions in strips of ultra-short-dated SPX index options to offset this gamma.\"\n\nWhy is this important? because if this trend is large enough, it directly contributes to low implied and realized correlation.Ironically, by ramping single name, \"most-shorted names\", retail investors are ushering a period of unorthodox calm across the rest of the market!","news_type":1},"isVote":1,"tweetType":1,"viewCount":508,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187855064,"gmtCreate":1623750079658,"gmtModify":1704210411449,"author":{"id":"3575507353908450","authorId":"3575507353908450","name":"trisnando","avatar":"https://static.tigerbbs.com/a97932ca83eff2802eeb59122aeca88e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575507353908450","authorIdStr":"3575507353908450"},"themes":[],"htmlText":"Pins over snap","listText":"Pins over snap","text":"Pins over snap","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187855064","repostId":"2143784949","repostType":4,"isVote":1,"tweetType":1,"viewCount":441,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187852193,"gmtCreate":1623750058312,"gmtModify":1704210410795,"author":{"id":"3575507353908450","authorId":"3575507353908450","name":"trisnando","avatar":"https://static.tigerbbs.com/a97932ca83eff2802eeb59122aeca88e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575507353908450","authorIdStr":"3575507353908450"},"themes":[],"htmlText":"Emirates good","listText":"Emirates good","text":"Emirates good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187852193","repostId":"2143377637","repostType":4,"repost":{"id":"2143377637","kind":"news","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":1623739560,"share":"https://ttm.financial/m/news/2143377637?lang=&edition=fundamental","pubTime":"2021-06-15 14:46","market":"us","language":"en","title":"Emirates got $3.1 billion from Dubai govt as pandemic drove losses","url":"https://stock-news.laohu8.com/highlight/detail?id=2143377637","media":"Reuters","summary":"DUBAI (Reuters) - State-owned Emirates said on Tuesday Dubai was committed to supporting it through ","content":"<p><img src=\"https://static.tigerbbs.com/19445bb279ee35fb6a6b7e5b06d3e297\" tg-width=\"200\" tg-height=\"133\" referrerpolicy=\"no-referrer\"></p>\n<p>DUBAI (Reuters) - State-owned Emirates said on Tuesday Dubai was committed to supporting it through the coronavirus crisis after the airline's holding company plunged to its first annual loss in over three decades.</p>\n<p>The Dubai government has injected $3.1 billion into Emirates since the onset of the pandemic, the airline group said in its annual report. It disclosed a $2 billion equity injection last year.</p>\n<p>Emirates airline made a 20.28 billion dirham ($5.52 billion) loss for the year, while the group recorded an annual loss of 22.1 billion dirhams, its first in 33 years.</p>\n<p>The airline, <a href=\"https://laohu8.com/S/AONE\">one</a> of the world's largest prior to the pandemic, saw revenue plunge 66.4% to 30.9 billion dirham as passenger traffic plummeted 88.3% to just 6.5 million</p>\n<p>\"\"No <a href=\"https://laohu8.com/S/AONE.U\">one</a> knows when the pandemic will be over, but we know recovery will be patchy,\" Emirates Chairman Sheikh Ahmed bin Saeed Al Maktoum said in a statement.</p>\n<p>(Writing by Alexander Cornwell; Editing by Jason Neely and Muralikumar Anantharaman)</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>Emirates got $3.1 billion from Dubai govt as pandemic drove losses</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\">\nEmirates got $3.1 billion from Dubai govt as pandemic drove losses\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\">2021-06-15 14:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><img src=\"https://static.tigerbbs.com/19445bb279ee35fb6a6b7e5b06d3e297\" tg-width=\"200\" tg-height=\"133\" referrerpolicy=\"no-referrer\"></p>\n<p>DUBAI (Reuters) - State-owned Emirates said on Tuesday Dubai was committed to supporting it through the coronavirus crisis after the airline's holding company plunged to its first annual loss in over three decades.</p>\n<p>The Dubai government has injected $3.1 billion into Emirates since the onset of the pandemic, the airline group said in its annual report. It disclosed a $2 billion equity injection last year.</p>\n<p>Emirates airline made a 20.28 billion dirham ($5.52 billion) loss for the year, while the group recorded an annual loss of 22.1 billion dirhams, its first in 33 years.</p>\n<p>The airline, <a href=\"https://laohu8.com/S/AONE\">one</a> of the world's largest prior to the pandemic, saw revenue plunge 66.4% to 30.9 billion dirham as passenger traffic plummeted 88.3% to just 6.5 million</p>\n<p>\"\"No <a href=\"https://laohu8.com/S/AONE.U\">one</a> knows when the pandemic will be over, but we know recovery will be patchy,\" Emirates Chairman Sheikh Ahmed bin Saeed Al Maktoum said in a statement.</p>\n<p>(Writing by Alexander Cornwell; Editing by Jason Neely and Muralikumar Anantharaman)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143377637","content_text":"DUBAI (Reuters) - State-owned Emirates said on Tuesday Dubai was committed to supporting it through the coronavirus crisis after the airline's holding company plunged to its first annual loss in over three decades.\nThe Dubai government has injected $3.1 billion into Emirates since the onset of the pandemic, the airline group said in its annual report. It disclosed a $2 billion equity injection last year.\nEmirates airline made a 20.28 billion dirham ($5.52 billion) loss for the year, while the group recorded an annual loss of 22.1 billion dirhams, its first in 33 years.\nThe airline, one of the world's largest prior to the pandemic, saw revenue plunge 66.4% to 30.9 billion dirham as passenger traffic plummeted 88.3% to just 6.5 million\n\"\"No one knows when the pandemic will be over, but we know recovery will be patchy,\" Emirates Chairman Sheikh Ahmed bin Saeed Al Maktoum said in a statement.\n(Writing by Alexander Cornwell; Editing by Jason Neely and Muralikumar Anantharaman)","news_type":1},"isVote":1,"tweetType":1,"viewCount":556,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187856054,"gmtCreate":1623750037978,"gmtModify":1704210409654,"author":{"id":"3575507353908450","authorId":"3575507353908450","name":"trisnando","avatar":"https://static.tigerbbs.com/a97932ca83eff2802eeb59122aeca88e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575507353908450","authorIdStr":"3575507353908450"},"themes":[],"htmlText":"Banks overated","listText":"Banks overated","text":"Banks overated","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187856054","repostId":"1183190766","repostType":4,"repost":{"id":"1183190766","kind":"news","pubTimestamp":1623740790,"share":"https://ttm.financial/m/news/1183190766?lang=&edition=fundamental","pubTime":"2021-06-15 15:06","market":"us","language":"en","title":"Big-Tech & Bitcoin Pumped As Banks, Bonds, & Bullion Dumped","url":"https://stock-news.laohu8.com/highlight/detail?id=1183190766","media":"zerohedge","summary":"Big-tech was bid as soon as the cash market opened and both Small Caps (Russell 2000) and Big-Caps (","content":"<p>Big-tech was bid as soon as the cash market opened and both Small Caps (Russell 2000) and Big-Caps (Dow Industrials) were dumped with the S&amp;P under water most of the day until the late day panic-bid hit as the<b>gamma-meltup struck</b>...</p>\n<p><img src=\"https://static.tigerbbs.com/a7b2e9a8b272b493af999d0ceae800b8\" tg-width=\"500\" tg-height=\"293\">That's a record close for the S&amp;P and Nasdaq thanks to this utterly ridiculous meltup...</p>\n<p><img src=\"https://static.tigerbbs.com/8111401f1c57064e42f7db7836fc08f4\" tg-width=\"500\" tg-height=\"283\">The Nasdaq's outperformance pushed it to its highest relative to The Dow since April...</p>\n<p><img src=\"https://static.tigerbbs.com/58a5974b095ffdd321cc0542d8e79f9c\" tg-width=\"500\" tg-height=\"270\"><i>Source: Bloomberg</i></p>\n<p>Lordstown Motors was clubbed like a baby seal today as its CEO/CFO abandoned ship...</p>\n<p><img src=\"https://static.tigerbbs.com/25e0168b578ceffd190a198be1dc12fc\" tg-width=\"500\" tg-height=\"305\">Retail traders were back buying today...</p>\n<p><img src=\"https://static.tigerbbs.com/23530164a0be04b223851688d160207d\" tg-width=\"500\" tg-height=\"270\"><i>Source: Bloomberg</i></p>\n<p>Elon Musk's ability to influence crypto is as evident as ever as he tweeted that he is not full of FUD and bitcoin ripped over 10% higher (helped by PTJ's positive perspective on crypto in an inflationary environment)...</p>\n<p><img src=\"https://static.tigerbbs.com/e08afe4b38b0f2ae3f7156be3ebfd3b2\" tg-width=\"500\" tg-height=\"273\"><i>Source: Bloomberg</i></p>\n<p>JPM's Dimon spooked bank stocks even further - despite rising yields today...</p>\n<p><img src=\"https://static.tigerbbs.com/18e0c996017633d636ae90deef9014c1\" tg-width=\"500\" tg-height=\"271\"><i>Source: Bloomberg</i></p>\n<p>Uranium/Nuclear-related stocks tumbled on the China Nuke emissions headlines...</p>\n<p><img src=\"https://static.tigerbbs.com/1a356aabbf1d4f837b7ba2bce85cc222\" tg-width=\"500\" tg-height=\"272\"><i>Source: Bloomberg</i></p>\n<p>VIX jumped back above 17 intraday...</p>\n<p><img src=\"https://static.tigerbbs.com/6e43410dc971e3e8776003333e0e28f3\" tg-width=\"500\" tg-height=\"283\"><b>S&amp;P 500 Realized vol has tumbled to its lowest since Nov 2019...</b></p>\n<p><img src=\"https://static.tigerbbs.com/01d778bf240b8823a5bb1e6c028dd3ef\" tg-width=\"500\" tg-height=\"292\"><i>Source: Bloomberg</i></p>\n<p>Will The Fed's \"most important meeting in years\" this week get it moving?</p>\n<p>Treasuries were sold today, erasing more of the gains from Thursday's CPI malarkey. The short-end yield rose 1-2bps, the long-end yields rose 4-5bps...</p>\n<p><img src=\"https://static.tigerbbs.com/1ef5c4ac58ce44530cd76f5bcee30b4c\" tg-width=\"500\" tg-height=\"272\"><i>Source: Bloomberg</i></p>\n<p>We note that 10Y yields hit 1.50% and the selloff stalled...</p>\n<p><img src=\"https://static.tigerbbs.com/b4b856ca9fe863397f4654ab0fe9c498\" tg-width=\"500\" tg-height=\"274\"><i>Source: Bloomberg</i></p>\n<p>Amid all the chatter on inflation, breakevens went nowhere at all...</p>\n<p><img src=\"https://static.tigerbbs.com/e0c3a45693e92514889b7f5996325660\" tg-width=\"500\" tg-height=\"271\"><i>Source: Bloomberg</i></p>\n<p>The Dollar trod water after spiking Friday up to fill the payrolls gap down...</p>\n<p><img src=\"https://static.tigerbbs.com/5878dae244b0a9c90c95c121c6e18ec1\" tg-width=\"500\" tg-height=\"273\"><i>Source: Bloomberg</i></p>\n<p>Gold ended the day lower despite the dollar going nowhere...</p>\n<p><img src=\"https://static.tigerbbs.com/f17e358c769f54cac481cec61ed19b7f\" tg-width=\"500\" tg-height=\"283\">Oil prices rollercoasted on the day but ended unchanged with WTI pushing up near $71.80 at its highs...</p>\n<p><img src=\"https://static.tigerbbs.com/46c8f08f012d23ff95f167708c2598f7\" tg-width=\"500\" tg-height=\"282\">Finally, if you're wondering why people are buying USTs again... here's one reason...<b>5Y greek debt is now trading at a negative yield (yes, really)</b>... so which would you rather own 5Y UST at 75bps or 5Y GGB at -0.4bps!?</p>\n<p><img src=\"https://static.tigerbbs.com/89cc32e484870131a463b81b2307f870\" tg-width=\"500\" tg-height=\"270\"><i>Source: Bloomberg</i></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>Big-Tech & Bitcoin Pumped As Banks, Bonds, & Bullion Dumped</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\">\nBig-Tech & Bitcoin Pumped As Banks, Bonds, & Bullion Dumped\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 15:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/big-tech-bitcoin-pumped-banks-bonds-bullion-dumped><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Big-tech was bid as soon as the cash market opened and both Small Caps (Russell 2000) and Big-Caps (Dow Industrials) were dumped with the S&P under water most of the day until the late day panic-bid ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/big-tech-bitcoin-pumped-banks-bonds-bullion-dumped\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite"},"source_url":"https://www.zerohedge.com/markets/big-tech-bitcoin-pumped-banks-bonds-bullion-dumped","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183190766","content_text":"Big-tech was bid as soon as the cash market opened and both Small Caps (Russell 2000) and Big-Caps (Dow Industrials) were dumped with the S&P under water most of the day until the late day panic-bid hit as thegamma-meltup struck...\nThat's a record close for the S&P and Nasdaq thanks to this utterly ridiculous meltup...\nThe Nasdaq's outperformance pushed it to its highest relative to The Dow since April...\nSource: Bloomberg\nLordstown Motors was clubbed like a baby seal today as its CEO/CFO abandoned ship...\nRetail traders were back buying today...\nSource: Bloomberg\nElon Musk's ability to influence crypto is as evident as ever as he tweeted that he is not full of FUD and bitcoin ripped over 10% higher (helped by PTJ's positive perspective on crypto in an inflationary environment)...\nSource: Bloomberg\nJPM's Dimon spooked bank stocks even further - despite rising yields today...\nSource: Bloomberg\nUranium/Nuclear-related stocks tumbled on the China Nuke emissions headlines...\nSource: Bloomberg\nVIX jumped back above 17 intraday...\nS&P 500 Realized vol has tumbled to its lowest since Nov 2019...\nSource: Bloomberg\nWill The Fed's \"most important meeting in years\" this week get it moving?\nTreasuries were sold today, erasing more of the gains from Thursday's CPI malarkey. The short-end yield rose 1-2bps, the long-end yields rose 4-5bps...\nSource: Bloomberg\nWe note that 10Y yields hit 1.50% and the selloff stalled...\nSource: Bloomberg\nAmid all the chatter on inflation, breakevens went nowhere at all...\nSource: Bloomberg\nThe Dollar trod water after spiking Friday up to fill the payrolls gap down...\nSource: Bloomberg\nGold ended the day lower despite the dollar going nowhere...\nOil prices rollercoasted on the day but ended unchanged with WTI pushing up near $71.80 at its highs...\nFinally, if you're wondering why people are buying USTs again... here's one reason...5Y greek debt is now trading at a negative yield (yes, really)... so which would you rather own 5Y UST at 75bps or 5Y GGB at -0.4bps!?\nSource: Bloomberg","news_type":1},"isVote":1,"tweetType":1,"viewCount":543,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187858304,"gmtCreate":1623750018108,"gmtModify":1704210407856,"author":{"id":"3575507353908450","authorId":"3575507353908450","name":"trisnando","avatar":"https://static.tigerbbs.com/a97932ca83eff2802eeb59122aeca88e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575507353908450","authorIdStr":"3575507353908450"},"themes":[],"htmlText":"Ggwp","listText":"Ggwp","text":"Ggwp","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187858304","repostId":"1174890666","repostType":4,"isVote":1,"tweetType":1,"viewCount":112,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187851595,"gmtCreate":1623750005717,"gmtModify":1704210407532,"author":{"id":"3575507353908450","authorId":"3575507353908450","name":"trisnando","avatar":"https://static.tigerbbs.com/a97932ca83eff2802eeb59122aeca88e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575507353908450","authorIdStr":"3575507353908450"},"themes":[],"htmlText":"Crsr to the moon!","listText":"Crsr to the moon!","text":"Crsr to the moon!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187851595","repostId":"1108391088","repostType":4,"isVote":1,"tweetType":1,"viewCount":273,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187853473,"gmtCreate":1623749985692,"gmtModify":1704210406231,"author":{"id":"3575507353908450","authorId":"3575507353908450","name":"trisnando","avatar":"https://static.tigerbbs.com/a97932ca83eff2802eeb59122aeca88e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575507353908450","authorIdStr":"3575507353908450"},"themes":[],"htmlText":"Apple yay","listText":"Apple yay","text":"Apple yay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/187853473","repostId":"1122399963","repostType":4,"repost":{"id":"1122399963","kind":"news","pubTimestamp":1623742330,"share":"https://ttm.financial/m/news/1122399963?lang=&edition=fundamental","pubTime":"2021-06-15 15:32","market":"us","language":"en","title":"Apple and Google are forcing a rethink in advertising, ad guru Maurice Levy says","url":"https://stock-news.laohu8.com/highlight/detail?id=1122399963","media":"cnbc","summary":"KEY POINTS\n\nChanges to Apple and Google’s web tracking tools mean advertisers are having to “revisit","content":"<div>\n<p>KEY POINTS\n\nChanges to Apple and Google’s web tracking tools mean advertisers are having to “revisit the whole way we are working,” Publicis Chairman Maurice Levy said.\nApple has forced app developers...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/15/apple-google-force-rethink-in-advertising-industry-maurice-levy.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>Apple and Google are forcing a rethink in advertising, ad guru Maurice Levy says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple and Google are forcing a rethink in advertising, ad guru Maurice Levy says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 15:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/15/apple-google-force-rethink-in-advertising-industry-maurice-levy.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nChanges to Apple and Google’s web tracking tools mean advertisers are having to “revisit the whole way we are working,” Publicis Chairman Maurice Levy said.\nApple has forced app developers...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/15/apple-google-force-rethink-in-advertising-industry-maurice-levy.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","GOOG":"谷歌","GOOGL":"谷歌A"},"source_url":"https://www.cnbc.com/2021/06/15/apple-google-force-rethink-in-advertising-industry-maurice-levy.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1122399963","content_text":"KEY POINTS\n\nChanges to Apple and Google’s web tracking tools mean advertisers are having to “revisit the whole way we are working,” Publicis Chairman Maurice Levy said.\nApple has forced app developers to ask permission to collect unique identifiers to target mobile ads, while Google plans to ditch third-party cookies on Chrome.\nLevy welcomed plans for a global minimum corporate tax of 15%, and said digital giants should pay their fair share in the countries in which they operate.\n\nDigital privacy moves fromAppleandGoogleare forcing the advertising industry to reconsider the way it works,Publicis Groupe’sMaurice Levy told CNBC.\nThe chairman of the world’s third-biggest advertising company said changes to Apple’s iOS smartphone software and Google’s Chrome web browser meant advertisers were having to “revisit the whole way we are working.”\n“It’s not a clear win” for traditional ad agencies, Levy told CNBC’s Karen Tso Monday.\n“Privacy is extremely important,” he added. “And I think the fact that all those platforms are taking care of the privacy of the consumers and their customers is something which is extraordinarily important. But this is leading to a revisit of the way we are working.”\nApple this year started forcing app developers on its platforms to ask permission before they can collectunique identifiersused by advertisers to target mobile ads and measure how effective they are.\nThe company had alreadybanned the use of unauthorized third-party cookies— which many advertisers rely on to track internet users and serve them with personalized ads — on its Safari browser.\nNow, Google also plans toditch third-party cookies on Chrome, and is in the process of searching for an alternative. Last week, the tech giant said it wouldgive Britain’s competition regulator a sayin its proposal to replace cookies.\nThe move has led to infighting in the tech industry, with Facebook and Apple sparring over the latter’s privacy updates. Facebook is likely to be one of the companies most affected by Apple’s iOS changes, and has been pushing into new business lines likeonline shoppingin an effort to cushion the blow.\nLevy said Publicis’$4.4 billion acquisition of data company Epsilonshould help to shield the marketing giant from the fallout of Apple and Google’s privacy changes.\nTech tax\nApple, Google and other large tech firms are facing growing scrutiny from regulators around the world over everything from their sheer size to how much tax they pay.\nThis month, the Group of Seven (G-7) richest nations agreed ahistoric dealto set a global minimum corporation tax of 15%. The move is aimed in large part at tackling tax avoidance from digital giants like Google, Apple, Facebook and Amazon, with a new tax system linked to the places where multinationals are actually doing business rather than where they are headquartered.\n“I think that the decision which has been made is a very good one,” Levy told CNBC’s Karen Tso. “I believe that it’s normal that somebody who is working in a country pay the taxes in that country.”\nLevy added: “15% is not excessive it’s a minimum I consider that this is fair and I believe that the G-20 will accept that kind of solution.”\n“As all of those platforms have valuation market cap which are above hundreds of billion — and sometimes trillion — it is important that they contribute to the taxes in the country where they operate.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":156,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187853994,"gmtCreate":1623749968418,"gmtModify":1704210405088,"author":{"id":"3575507353908450","authorId":"3575507353908450","name":"trisnando","avatar":"https://static.tigerbbs.com/a97932ca83eff2802eeb59122aeca88e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575507353908450","authorIdStr":"3575507353908450"},"themes":[],"htmlText":"Oof","listText":"Oof","text":"Oof","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187853994","repostId":"1184288080","repostType":4,"repost":{"id":"1184288080","kind":"news","pubTimestamp":1623742532,"share":"https://ttm.financial/m/news/1184288080?lang=&edition=fundamental","pubTime":"2021-06-15 15:35","market":"sg","language":"en","title":"Singapore’s Hyflux May Fetch Under $151 Million in Liquidation","url":"https://stock-news.laohu8.com/highlight/detail?id=1184288080","media":"Bloomberg","summary":"Keppel Infrastructure is one of the bidders: person familiar\nFirm has six offers after administrator","content":"<ul>\n <li>Keppel Infrastructure is one of the bidders: person familiar</li>\n <li>Firm has six offers after administrator decided on liquidation</li>\n</ul>\n<p>Asset sales in a liquidation process atHyflux Ltd., Singapore’s highest-profile distressed company, would likely bring in less than S$200 million ($151 million), a person familiar with the matter said, a fraction of the amount creditors are claiming.</p>\n<p>Hyflux’s judicial manager Borrelli Walsh Ltd. filed a court application earlier this month to wind up the water-treatment and power company, and said there aresix bidsinvolving individual assets.</p>\n<p>There’s no specific timeline to sell these assets, but the judicial manager aims to do so as soon as possible, according to the person, who asked not to be identified because the matter is private.</p>\n<p>Proceeds of that size from the liquidation would confirm creditors’ concerns that they may get little back from the company, whichbegana court-supervised debt restructuring process in 2018 and faced about S$2.8 billion in total investor claims. Investors in the once-highflying firm include about 34,000 individuals who put money in products including perpetual notes and preference shares.</p>\n<p>Borrelli Walsh, which has been in charge of Hyflux since November last year, said in its statement earlier this month that the remaining value of the Hyflux Group would be best realized in a liquidation;read more details.</p>\n<p>Patrick Bance, a Singapore-based director at Borrelli Walsh, declined to comment when asked about the asset sale forecasts.</p>\n<p>One of the bidders for Hyflux assets is Singapore’sKeppel Infrastructure Trust, according to the person. It’s interested in the TuasOne waste-to-energy plant and the remaining 30% stake in the SingSpring desalination plant that it doesn’t own already, the person said.</p>\n<p>Keppel Infrastructure has contractual rights to acquire the 30% stake in the SingSpring plant and to take over the operations, and that’s unaffected by the liquidation proceedings, the firm’s spokesperson said in an email response to Bloomberg queries. The company is unable to comment further due to ongoing confidential discussions with Hyflux’s judicial manager, the spokesperson said.</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>Singapore’s Hyflux May Fetch Under $151 Million in Liquidation</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\">\nSingapore’s Hyflux May Fetch Under $151 Million in Liquidation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 15:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-15/singapore-s-hyflux-may-fetch-under-151-million-in-liquidation?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Keppel Infrastructure is one of the bidders: person familiar\nFirm has six offers after administrator decided on liquidation\n\nAsset sales in a liquidation process atHyflux Ltd., Singapore’s highest-...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-15/singapore-s-hyflux-may-fetch-under-151-million-in-liquidation?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"600.SI":"凯发"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-15/singapore-s-hyflux-may-fetch-under-151-million-in-liquidation?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184288080","content_text":"Keppel Infrastructure is one of the bidders: person familiar\nFirm has six offers after administrator decided on liquidation\n\nAsset sales in a liquidation process atHyflux Ltd., Singapore’s highest-profile distressed company, would likely bring in less than S$200 million ($151 million), a person familiar with the matter said, a fraction of the amount creditors are claiming.\nHyflux’s judicial manager Borrelli Walsh Ltd. filed a court application earlier this month to wind up the water-treatment and power company, and said there aresix bidsinvolving individual assets.\nThere’s no specific timeline to sell these assets, but the judicial manager aims to do so as soon as possible, according to the person, who asked not to be identified because the matter is private.\nProceeds of that size from the liquidation would confirm creditors’ concerns that they may get little back from the company, whichbegana court-supervised debt restructuring process in 2018 and faced about S$2.8 billion in total investor claims. Investors in the once-highflying firm include about 34,000 individuals who put money in products including perpetual notes and preference shares.\nBorrelli Walsh, which has been in charge of Hyflux since November last year, said in its statement earlier this month that the remaining value of the Hyflux Group would be best realized in a liquidation;read more details.\nPatrick Bance, a Singapore-based director at Borrelli Walsh, declined to comment when asked about the asset sale forecasts.\nOne of the bidders for Hyflux assets is Singapore’sKeppel Infrastructure Trust, according to the person. It’s interested in the TuasOne waste-to-energy plant and the remaining 30% stake in the SingSpring desalination plant that it doesn’t own already, the person said.\nKeppel Infrastructure has contractual rights to acquire the 30% stake in the SingSpring plant and to take over the operations, and that’s unaffected by the liquidation proceedings, the firm’s spokesperson said in an email response to Bloomberg queries. The company is unable to comment further due to ongoing confidential discussions with Hyflux’s judicial manager, the spokesperson said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":154,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187859695,"gmtCreate":1623749953817,"gmtModify":1704210404267,"author":{"id":"3575507353908450","authorId":"3575507353908450","name":"trisnando","avatar":"https://static.tigerbbs.com/a97932ca83eff2802eeb59122aeca88e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575507353908450","authorIdStr":"3575507353908450"},"themes":[],"htmlText":"China stocks good","listText":"China stocks good","text":"China stocks good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187859695","repostId":"2143730319","repostType":4,"repost":{"id":"2143730319","kind":"highlight","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":1623742806,"share":"https://ttm.financial/m/news/2143730319?lang=&edition=fundamental","pubTime":"2021-06-15 15:40","market":"sh","language":"en","title":"China stocks end lower as Sino-West tensions weigh","url":"https://stock-news.laohu8.com/highlight/detail?id=2143730319","media":"Reuters","summary":"SHANGHAI, June 15 (Reuters) - China stocks ended lower on Tuesday, as tensions between Beijing and t","content":"<p>SHANGHAI, June 15 (Reuters) - China stocks ended lower on Tuesday, as tensions between Beijing and the West soured investor sentiment after G7 leaders took the Asian nation to task over a range of issues, which China called a gross interference in the country's internal affairs.</p>\n<p>The blue-chip CSI300 index ended 1.1% lower at 5,166.56, while the Shanghai Composite Index slipped 0.9% to 3,556.56.</p>\n<p>Shares in China's Belt and Road-related companies dropped, after the G7 leaders sought to counter China's growing influence by offering developing nations an infrastructure plan that could rival President Xi Jinping's multi-trillion-dollar Belt and Road initiative.</p>\n<p>Among the worst performing sectors, the CSI300 Real Estate Index and the CSI A-share resource industries slumped 2.5% and 2.6%, respectively.</p>\n<p>Shares of developers retreated after state media warned speculators that China's housing prices would inevitably enter a cycle of slow growth.</p>\n<p>This round of real-estate regulations have entered into an in-depth stage and the (market) would be dampened to some extent for the short term, the China Real Estate Business said in an article titled \"It's time for house speculators to give up illusions\".</p>\n<p>Money inflows from institutional investors had been limited in the past weeks, while foreign inflows via the Stock Connect slowed, CITIC Securities noted in a report.</p>\n<p>Investors via the Stock Connect linking mainland and Hong Kong sold a net 2.5 billion yuan ($390.52 million) worth of A-shares on Tuesday, according to Refinitiv data.</p>\n<p>($1 = 6.4018 Chinese yuan)</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>China stocks end lower as Sino-West tensions weigh</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\">\nChina stocks end lower as Sino-West tensions weigh\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\">2021-06-15 15:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SHANGHAI, June 15 (Reuters) - China stocks ended lower on Tuesday, as tensions between Beijing and the West soured investor sentiment after G7 leaders took the Asian nation to task over a range of issues, which China called a gross interference in the country's internal affairs.</p>\n<p>The blue-chip CSI300 index ended 1.1% lower at 5,166.56, while the Shanghai Composite Index slipped 0.9% to 3,556.56.</p>\n<p>Shares in China's Belt and Road-related companies dropped, after the G7 leaders sought to counter China's growing influence by offering developing nations an infrastructure plan that could rival President Xi Jinping's multi-trillion-dollar Belt and Road initiative.</p>\n<p>Among the worst performing sectors, the CSI300 Real Estate Index and the CSI A-share resource industries slumped 2.5% and 2.6%, respectively.</p>\n<p>Shares of developers retreated after state media warned speculators that China's housing prices would inevitably enter a cycle of slow growth.</p>\n<p>This round of real-estate regulations have entered into an in-depth stage and the (market) would be dampened to some extent for the short term, the China Real Estate Business said in an article titled \"It's time for house speculators to give up illusions\".</p>\n<p>Money inflows from institutional investors had been limited in the past weeks, while foreign inflows via the Stock Connect slowed, CITIC Securities noted in a report.</p>\n<p>Investors via the Stock Connect linking mainland and Hong Kong sold a net 2.5 billion yuan ($390.52 million) worth of A-shares on Tuesday, according to Refinitiv data.</p>\n<p>($1 = 6.4018 Chinese yuan)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"399001":"深证成指","399006":"创业板指","000001.SH":"上证指数"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143730319","content_text":"SHANGHAI, June 15 (Reuters) - China stocks ended lower on Tuesday, as tensions between Beijing and the West soured investor sentiment after G7 leaders took the Asian nation to task over a range of issues, which China called a gross interference in the country's internal affairs.\nThe blue-chip CSI300 index ended 1.1% lower at 5,166.56, while the Shanghai Composite Index slipped 0.9% to 3,556.56.\nShares in China's Belt and Road-related companies dropped, after the G7 leaders sought to counter China's growing influence by offering developing nations an infrastructure plan that could rival President Xi Jinping's multi-trillion-dollar Belt and Road initiative.\nAmong the worst performing sectors, the CSI300 Real Estate Index and the CSI A-share resource industries slumped 2.5% and 2.6%, respectively.\nShares of developers retreated after state media warned speculators that China's housing prices would inevitably enter a cycle of slow growth.\nThis round of real-estate regulations have entered into an in-depth stage and the (market) would be dampened to some extent for the short term, the China Real Estate Business said in an article titled \"It's time for house speculators to give up illusions\".\nMoney inflows from institutional investors had been limited in the past weeks, while foreign inflows via the Stock Connect slowed, CITIC Securities noted in a report.\nInvestors via the Stock Connect linking mainland and Hong Kong sold a net 2.5 billion yuan ($390.52 million) worth of A-shares on Tuesday, according to Refinitiv data.\n($1 = 6.4018 Chinese yuan)","news_type":1},"isVote":1,"tweetType":1,"viewCount":114,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187859065,"gmtCreate":1623749939157,"gmtModify":1704210403609,"author":{"id":"3575507353908450","authorId":"3575507353908450","name":"trisnando","avatar":"https://static.tigerbbs.com/a97932ca83eff2802eeb59122aeca88e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575507353908450","authorIdStr":"3575507353908450"},"themes":[],"htmlText":"Pltr win","listText":"Pltr win","text":"Pltr win","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187859065","repostId":"1155798913","repostType":4,"isVote":1,"tweetType":1,"viewCount":229,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187824804,"gmtCreate":1623749834608,"gmtModify":1704210399849,"author":{"id":"3575507353908450","authorId":"3575507353908450","name":"trisnando","avatar":"https://static.tigerbbs.com/a97932ca83eff2802eeb59122aeca88e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575507353908450","authorIdStr":"3575507353908450"},"themes":[],"htmlText":"Amd is better","listText":"Amd is better","text":"Amd is better","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187824804","repostId":"1130157766","repostType":4,"isVote":1,"tweetType":1,"viewCount":333,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187825212,"gmtCreate":1623749812636,"gmtModify":1704210398708,"author":{"id":"3575507353908450","authorId":"3575507353908450","name":"trisnando","avatar":"https://static.tigerbbs.com/a97932ca83eff2802eeb59122aeca88e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575507353908450","authorIdStr":"3575507353908450"},"themes":[],"htmlText":"Inflation sux","listText":"Inflation sux","text":"Inflation sux","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187825212","repostId":"1180935322","repostType":4,"repost":{"id":"1180935322","kind":"news","pubTimestamp":1623743595,"share":"https://ttm.financial/m/news/1180935322?lang=&edition=fundamental","pubTime":"2021-06-15 15:53","market":"us","language":"en","title":"There’s a Big Divergence Developing in Inflation Expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=1180935322","media":"Bloomberg","summary":"Older people who remember bouts of high inflation see much stronger price pressures ahead.","content":"<p>Inflation is always and everywhere a monetary phenomenon, according to Milton Friedman. It’s also a massively subjective experience.</p>\n<p>People might have different impressions of inflation depending on their own personal ‘baskets’ of recurrent items, but they can also have different concerns based on their personal history with&nbsp;price pressures. Those who lived through the 1970s, for instance, might be far more inclined to seeWeimar-esque hyperinflationlurking around the corner, while those who’ve never witnessed inflation hit 2% are far more sanguine.</p>\n<p>As&nbsp;Ulrike Malmendierand&nbsp;Stefan Nagelput it in their seminal 2016 paper examining how people actually form&nbsp;inflation expectations:</p>\n<blockquote>\n “Such learning from experience carries two central implications. First, expectations are history-dependent. Cohorts that have lived through periods of high inflation for a substantial amount of time have higher inflation expectations than individuals who have mostly experienced low inflation.\n</blockquote>\n<blockquote>\n Second, beliefs are heterogeneous. Young individuals place more weight on recent data than older individuals since recent experiences make up a larger part of their life-times so far. As a result, different generations tend to disagree about the future.”\n</blockquote>\n<p>That dynamic is now fully apparent, according to data from the New York Fed, with a schism now developing between younger survey respondents who expect inflation to hit 3.19% in a year,&nbsp;and an older generation who sees it getting close to 5% within the same time period.</p>\n<p>So while respondents across the spectrum of ages do see inflation trending higher,&nbsp;the olds expect a much higher rate than the youngs.</p>\n<p>Median one-year ahead expected inflation rate by age group</p>\n<p><img src=\"https://static.tigerbbs.com/29689a621effc70feb1657ffbfb870d9\" tg-width=\"648\" tg-height=\"303\">Now would be a good time to ask whether economic policy takes into account age-like schisms and whether the impression of higher inflation from those over 60 might be the latest thing for members of the FOMC to strip out of inflation data as transitory&nbsp;or otherwise ‘noisy.’</p>\n<p>It’s also worth mentioning&nbsp;that Malmendier’slatest workfocuses on central bankers’ own history with inflation, concluding that “personal lifetime experiences significantly affect the inflation forecasts, voting behavior, tone of speeches, and federal funds target rate decisions of FOMC members.”</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>There’s a Big Divergence Developing in Inflation Expectations</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\">\nThere’s a Big Divergence Developing in Inflation Expectations\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 15:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-15/there-s-a-big-divergence-developing-in-inflation-expectations><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Inflation is always and everywhere a monetary phenomenon, according to Milton Friedman. It’s also a massively subjective experience.\nPeople might have different impressions of inflation depending on ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-15/there-s-a-big-divergence-developing-in-inflation-expectations\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯","SPY":"标普500ETF"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-15/there-s-a-big-divergence-developing-in-inflation-expectations","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180935322","content_text":"Inflation is always and everywhere a monetary phenomenon, according to Milton Friedman. It’s also a massively subjective experience.\nPeople might have different impressions of inflation depending on their own personal ‘baskets’ of recurrent items, but they can also have different concerns based on their personal history with price pressures. Those who lived through the 1970s, for instance, might be far more inclined to seeWeimar-esque hyperinflationlurking around the corner, while those who’ve never witnessed inflation hit 2% are far more sanguine.\nAs Ulrike Malmendierand Stefan Nagelput it in their seminal 2016 paper examining how people actually form inflation expectations:\n\n “Such learning from experience carries two central implications. First, expectations are history-dependent. Cohorts that have lived through periods of high inflation for a substantial amount of time have higher inflation expectations than individuals who have mostly experienced low inflation.\n\n\n Second, beliefs are heterogeneous. Young individuals place more weight on recent data than older individuals since recent experiences make up a larger part of their life-times so far. As a result, different generations tend to disagree about the future.”\n\nThat dynamic is now fully apparent, according to data from the New York Fed, with a schism now developing between younger survey respondents who expect inflation to hit 3.19% in a year, and an older generation who sees it getting close to 5% within the same time period.\nSo while respondents across the spectrum of ages do see inflation trending higher, the olds expect a much higher rate than the youngs.\nMedian one-year ahead expected inflation rate by age group\nNow would be a good time to ask whether economic policy takes into account age-like schisms and whether the impression of higher inflation from those over 60 might be the latest thing for members of the FOMC to strip out of inflation data as transitory or otherwise ‘noisy.’\nIt’s also worth mentioning that Malmendier’slatest workfocuses on central bankers’ own history with inflation, concluding that “personal lifetime experiences significantly affect the inflation forecasts, voting behavior, tone of speeches, and federal funds target rate decisions of FOMC members.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":259,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187822464,"gmtCreate":1623749789458,"gmtModify":1704210397416,"author":{"id":"3575507353908450","authorId":"3575507353908450","name":"trisnando","avatar":"https://static.tigerbbs.com/a97932ca83eff2802eeb59122aeca88e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575507353908450","authorIdStr":"3575507353908450"},"themes":[],"htmlText":"Mara pls fly","listText":"Mara pls fly","text":"Mara pls fly","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187822464","repostId":"1123375053","repostType":4,"repost":{"id":"1123375053","kind":"news","pubTimestamp":1623745435,"share":"https://ttm.financial/m/news/1123375053?lang=&edition=fundamental","pubTime":"2021-06-15 16:23","market":"us","language":"en","title":"Tesla, MicroStrategy, Riot Blockchain Stocks Up As Bitcoin Regains Strength At $40,000 Level","url":"https://stock-news.laohu8.com/highlight/detail?id=1123375053","media":"yahoo","summary":"Blockchain Stocks Up As Bitcoin Regains Strength At $40,000 Level.\n\nBitcoin has seen significant gai","content":"<p>Blockchain Stocks Up As Bitcoin Regains Strength At $40,000 Level.</p>\n<p><img src=\"https://static.tigerbbs.com/bcb7953764bb128bc18cd601e00a3e92\" tg-width=\"287\" tg-height=\"367\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Bitcoin</b>&nbsp;has seen significant gains today, as well as stocks of companies related to the world's top cryptocurrency following Elon Musk's reassuring tweet indicating that Tesla will accept the leading cryptocurrency again.</p>\n<p><b>What Happened:</b>&nbsp;CoinMarketCapdatasuggests that Bitcoin price grew by over 14.3% from its 24-hour low of $36,000 to a high of nearly $41,000, before settling at its current price of $40,306 at press time.</p>\n<p><img src=\"https://static.tigerbbs.com/87d03c0cede12209e410f4a012c4c59d\" tg-width=\"1070\" tg-height=\"776\"></p>\n<p>According to Paolo Ardoino, CTO of Bitfinex, \"the king of crypto is carrying cryptocurrency markets higher.\"</p>\n<p>\"Meanwhile, Bitcoin’s utility and use cases such as the Lightning Network continue to strengthen and grow. While it is important to always take a long-term view, we’re seeing a quiet optimism return to the market,\" he added.</p>\n<p>Cryptocurrency mining enterprise&nbsp;<b>Riot Blockchain Inc.</b>(NASDAQ:RIOT) shares are up over 20% Monday, beating even Bitcoin's growth over the last 24-hours, with a stock price of $37.25.</p>\n<p><b>Microstrategy</b>(NASDAQ:MSTR)'s stock has been 15% up Monday and was trading at $590 at press time. The company has invested almost all of its revenue into Bitcoin and raising further capital through the issuance of bonds to buy even more.</p>\n<p>Microstrategy recentlyannouncedthat it intended to raise $400 million to buy Bitcoin but thendecidedto raise $500 instead, and the bond offering got oversubscribed to a total of $1.6 billion.</p>\n<p>Lastly,<b>Tesla Inc</b>(NASDAQ:TSLA) has seen its shares rise by 1.28% Monady after&nbsp;Musk's statement.</p>\n<p><img src=\"https://static.tigerbbs.com/90130509ac2ffdd09edf9123136048fa\" tg-width=\"663\" tg-height=\"440\" referrerpolicy=\"no-referrer\"></p>\n<p>The shares were trading at $618 at press time.</p>","source":"yahoofinance_sg","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>Tesla, MicroStrategy, Riot Blockchain Stocks Up As Bitcoin Regains Strength At $40,000 Level</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\">\nTesla, MicroStrategy, Riot Blockchain Stocks Up As Bitcoin Regains Strength At $40,000 Level\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 16:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/tesla-microstrategy-riot-blockchain-stocks-170045555.html><strong>yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Blockchain Stocks Up As Bitcoin Regains Strength At $40,000 Level.\n\nBitcoin has seen significant gains today, as well as stocks of companies related to the world's top cryptocurrency following Elon ...</p>\n\n<a href=\"https://finance.yahoo.com/news/tesla-microstrategy-riot-blockchain-stocks-170045555.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","RIOT":"Riot Platforms","MARA":"MARA Holdings","CAN":"嘉楠科技"},"source_url":"https://finance.yahoo.com/news/tesla-microstrategy-riot-blockchain-stocks-170045555.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123375053","content_text":"Blockchain Stocks Up As Bitcoin Regains Strength At $40,000 Level.\n\nBitcoin has seen significant gains today, as well as stocks of companies related to the world's top cryptocurrency following Elon Musk's reassuring tweet indicating that Tesla will accept the leading cryptocurrency again.\nWhat Happened: CoinMarketCapdatasuggests that Bitcoin price grew by over 14.3% from its 24-hour low of $36,000 to a high of nearly $41,000, before settling at its current price of $40,306 at press time.\n\nAccording to Paolo Ardoino, CTO of Bitfinex, \"the king of crypto is carrying cryptocurrency markets higher.\"\n\"Meanwhile, Bitcoin’s utility and use cases such as the Lightning Network continue to strengthen and grow. While it is important to always take a long-term view, we’re seeing a quiet optimism return to the market,\" he added.\nCryptocurrency mining enterprise Riot Blockchain Inc.(NASDAQ:RIOT) shares are up over 20% Monday, beating even Bitcoin's growth over the last 24-hours, with a stock price of $37.25.\nMicrostrategy(NASDAQ:MSTR)'s stock has been 15% up Monday and was trading at $590 at press time. The company has invested almost all of its revenue into Bitcoin and raising further capital through the issuance of bonds to buy even more.\nMicrostrategy recentlyannouncedthat it intended to raise $400 million to buy Bitcoin but thendecidedto raise $500 instead, and the bond offering got oversubscribed to a total of $1.6 billion.\nLastly,Tesla Inc(NASDAQ:TSLA) has seen its shares rise by 1.28% Monady after Musk's statement.\n\nThe shares were trading at $618 at press time.","news_type":1},"isVote":1,"tweetType":1,"viewCount":201,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187826290,"gmtCreate":1623749772310,"gmtModify":1704210395948,"author":{"id":"3575507353908450","authorId":"3575507353908450","name":"trisnando","avatar":"https://static.tigerbbs.com/a97932ca83eff2802eeb59122aeca88e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575507353908450","authorIdStr":"3575507353908450"},"themes":[],"htmlText":"Intel is trash","listText":"Intel is trash","text":"Intel is trash","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187826290","repostId":"1163671123","repostType":4,"repost":{"id":"1163671123","kind":"news","pubTimestamp":1623746274,"share":"https://ttm.financial/m/news/1163671123?lang=&edition=fundamental","pubTime":"2021-06-15 16:37","market":"us","language":"en","title":"Intel unveils Infrastructure Processing Units","url":"https://stock-news.laohu8.com/highlight/detail?id=1163671123","media":"seekingalpha","summary":"During the Six Five Summit, Intel(NASDAQ:INTC)unveils the Infrastructure Processing Unit or IPU, whi","content":"<p>During the Six Five Summit, Intel(NASDAQ:INTC)unveils the Infrastructure Processing Unit or IPU, which the company says is an evolution of its SmartNIC line of smart network adapters.</p>\n<p>When combined with Xeon processors, Intel says the IPUs will offer highly intelligent infrastructure acceleration. The programmable networking device helps hyperscale customers reduce overhead and free up performance for CPUs.</p>\n<p>\"There is a need for silicon solutions that act as a control point across the cloud infrastructure to accelerate that overhead portion - the infrastructure functions. We call this silicon solution a new unit of computing: the infrastructure processing unit,\" says Navin Shenoy, Intel EVP, Data Platforms Group, during his presentation.</p>\n<p><img src=\"https://static.tigerbbs.com/eb0304d17c767d838c48a91e235e3771\" tg-width=\"1280\" tg-height=\"720\" referrerpolicy=\"no-referrer\"></p>\n<p><i>Image source: Intel presentation.</i></p>\n<p>Intel says it has evolved its products in partnership with leading partners, including Microsoft, Baidu, JD.com, and VMware. The company says it's collaboration with the majority of hyperscalers, Intel is already the IPU market leader with its&nbsp;Xeon-D, FPGA, and Ethernet components.</p>\n<p>The first FPGA-based Intel IPU platforms are already deployed at multiple cloud service providers. The first ASIC IPU is currently under test.</p>\n<p>Shares&nbsp;of&nbsp;Intel&nbsp;rose&nbsp;slightly&nbsp;in&nbsp;premarket&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/8f49620373c1a82a2d3553cf5dd85fdb\" tg-width=\"663\" tg-height=\"440\" referrerpolicy=\"no-referrer\"></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>Intel unveils Infrastructure Processing Units</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\">\nIntel unveils Infrastructure Processing Units\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 16:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3706124-intel-unveils-infrastructure-processing-units><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>During the Six Five Summit, Intel(NASDAQ:INTC)unveils the Infrastructure Processing Unit or IPU, which the company says is an evolution of its SmartNIC line of smart network adapters.\nWhen combined ...</p>\n\n<a href=\"https://seekingalpha.com/news/3706124-intel-unveils-infrastructure-processing-units\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTC":"英特尔"},"source_url":"https://seekingalpha.com/news/3706124-intel-unveils-infrastructure-processing-units","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1163671123","content_text":"During the Six Five Summit, Intel(NASDAQ:INTC)unveils the Infrastructure Processing Unit or IPU, which the company says is an evolution of its SmartNIC line of smart network adapters.\nWhen combined with Xeon processors, Intel says the IPUs will offer highly intelligent infrastructure acceleration. The programmable networking device helps hyperscale customers reduce overhead and free up performance for CPUs.\n\"There is a need for silicon solutions that act as a control point across the cloud infrastructure to accelerate that overhead portion - the infrastructure functions. We call this silicon solution a new unit of computing: the infrastructure processing unit,\" says Navin Shenoy, Intel EVP, Data Platforms Group, during his presentation.\n\nImage source: Intel presentation.\nIntel says it has evolved its products in partnership with leading partners, including Microsoft, Baidu, JD.com, and VMware. The company says it's collaboration with the majority of hyperscalers, Intel is already the IPU market leader with its Xeon-D, FPGA, and Ethernet components.\nThe first FPGA-based Intel IPU platforms are already deployed at multiple cloud service providers. The first ASIC IPU is currently under test.\nShares of Intel rose slightly in premarket trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":192,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":129957806,"gmtCreate":1624353910005,"gmtModify":1703834212057,"author":{"id":"3575507353908450","authorId":"3575507353908450","name":"trisnando","avatar":"https://static.tigerbbs.com/a97932ca83eff2802eeb59122aeca88e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575507353908450","authorIdStr":"3575507353908450"},"themes":[],"htmlText":"Like and comment please","listText":"Like and comment please","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/129957806","repostId":"1186919064","repostType":4,"repost":{"id":"1186919064","kind":"news","pubTimestamp":1624352931,"share":"https://ttm.financial/m/news/1186919064?lang=&edition=fundamental","pubTime":"2021-06-22 17:08","market":"us","language":"en","title":"Will Disney Stock Split This Year?","url":"https://stock-news.laohu8.com/highlight/detail?id=1186919064","media":"seekingalpha","summary":"Disney's stock split history is reviewed for the possibility of a repeat this year.Its financials and cash flows are negatively impacted by the pandemic but analysts are projecting a strong recovery in the next few years.The Walt Disney Company could consider another stock split to \"get more people in the stock.\". Readers may come across different answers to the question in the header depending on the sources. According to YCharts, The Walt Disney Company  has had nine stock splits, three betwee","content":"<p><b>Summary</b></p>\n<ul>\n <li>Disney's stock split history is reviewed for the possibility of a repeat this year.</li>\n <li>Its financials and cash flows are negatively impacted by the pandemic but analysts are projecting a strong recovery in the next few years.</li>\n <li>If the consensus estimates come true, the share price of DIS has much room to head north in line with the EPS growth.</li>\n <li>The Walt Disney Company could consider another stock split to \"get more people in the stock.\"</li>\n</ul>\n<p><b>Has Disney Stock Ever Split?</b></p>\n<p>Readers may come across different answers to the question in the header depending on the sources. According to YCharts, The Walt Disney Company (DIS) has had nine stock splits, three between 1985 and 2000, and six prior to 1980.</p>\n<p><img src=\"https://static.tigerbbs.com/fd38f0d03c0480c1f6728aa9e8dd5cfb\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"></p>\n<p>On the other hand,<i>Stock Split History</i>and<i>Yahoo Finance</i>both reflect eight stock splits in Disney's history. However, the exercises in 1962 and 2007 seem more like bonus issues than stock splits. The first \"split\" for DIS stock was dated December 18, 1962. This was a 103 for 100 split, meaning that a shareholder with 100 shares of DIS pre-split will subsequently own 103 shares.</p>\n<p><img src=\"https://static.tigerbbs.com/98283a2c39510a381b9f91cdc416f6f8\" tg-width=\"274\" tg-height=\"329\" referrerpolicy=\"no-referrer\"></p>\n<p><i>Source:StockSplitHistory.com</i></p>\n<p>As with all corporate matters, investors should refer to the official announcements to be sure. From Walt Disney's website under the Investor Relations section, the company provided a neat table under the Frequently Asked Questions [FAQs]. The table showed only seven past stock splits that happened between 1956 and 1998. This meant that DIS stock has not split for over two decades. Also, it shows that Walt Disney does not consider the 103 shares for 100 shares and 1,014 shares for 1,000 shares as stock splits.</p>\n<p><img src=\"https://static.tigerbbs.com/a398b378fd1cb185e5fe95cbaf2513d7\" tg-width=\"640\" tg-height=\"232\" referrerpolicy=\"no-referrer\"></p>\n<p><i>Source: The Walt Disney Company</i></p>\n<p><b>Is Disney Stock Going To Split Again?</b></p>\n<p>Tesla (TSLA) and Nvidia (NVDA) were among the prominent few companies that underwent stock splits recently. When Tesla announced itsfirst-ever stock spliton August 11 last year, the stock jumped from a pre-split price of $1374.4 to as high as $1585 the next day before closing at $1554.75. TSLA went on to clock further gains the rest of the month, appreciating over 80 percent by the end of August 2020.</p>\n<p>Nvidia announced in May that its decision to do afour-for-one stock splitwas approved by the board. Its shares were trading above $500 before the announcement and are priced around $750 currently. Nvidia justified the proposed stock split as enabling its shares to become \"more accessible to investors and employees.\"</p>\n<p>The share price of Disney is currently around $172. It hit a high of $203.02 on March 8, 2021. Even at the peak, the share price was a fraction of what TSLA and NVDA were trading at prior to their stock split announcements. As such, is there an impetus for Disney?</p>\n<p>Well, the last time Disney had a stock split was July 9, 1998, and the pre-split share price was only $111. Apart from one stock split in 1973, the last six stock splits were done when its share price was below $200. A quote often attributed to Mark Twain goes: \"History doesn't repeat itself, but it often rhymes.\" It is probably timely to consider Disney could conduct a fresh stock split as its stock heads back towards $200.</p>\n<p>Disney's Valuation And Prospects Support A Stock Split</p>\n<p>The Walt Disney Company appeared to be heading for disaster when the COVID-19 pandemic struck last year. Its Disneyland theme parks and hotels around the world had to be shut for extended periods. Its cruise line and retail stores had to close for business as well. Its movies couldn't be shown as theaters were shut while film and TV productions had to be halted too.</p>\n<p>The challenges that the House of the Mouse faced were unprecedented. In the second fiscal quarter of 2020, its adjusted EPS fell to $0.60 a share from $1.61 a year earlier primarily due to the suspended operations.</p>\n<p>The management took proactive steps during the second quarter of 2020 to enhance Disney's liquidity position by issuing $6 billion of term debt. A week after the quarter ended, it issued another $925 million in term debt. In terms of net financial debt, however, Disney managed to hold steady and did not exceed the peak of above $50 billion following the addition of debt load to its balance sheet from the 21st Century Fox acquisition in 2019.</p>\n<p><img src=\"https://static.tigerbbs.com/cbd5da32f627c04144c275782ef135e7\" tg-width=\"640\" tg-height=\"432\" referrerpolicy=\"no-referrer\"></p>\n<p>Although Disney's debt level remains elevated at 28 percent, its debt-to-assets remained close to its five-year average at around 25 percent. It is also comparatively lower than its industry peers. ViacomCBS (VIAC)(VIACA) has a debt-to-assets of 32.5 percent while Comcast (CMCSA) has a debt-to-assets of 37.2 percent. Netflix (NFLX) doesn't own any attraction parks but it has the highest debt-to-assets of 38.8 percent.</p>\n<p><img src=\"https://static.tigerbbs.com/7ff01b9033cebf8c5e4fb15976c0d266\" tg-width=\"640\" tg-height=\"480\" referrerpolicy=\"no-referrer\"></p>\n<p>Looking at the debt-to-equity ratio, The Walt Disney Company is also the lowest among its peers. This suggests that Disney's capital structure could be conservative in its approach to debt relative to the industry.</p>\n<p><img src=\"https://static.tigerbbs.com/c53bbfa821e92f67b05ae6c4a418bad0\" tg-width=\"640\" tg-height=\"480\" referrerpolicy=\"no-referrer\"></p>\n<p>However, dividend investors may have been disappointed with the decision of Disney's Board to forego the payment of dividends last year. Its last payment of $0.88 per share was on January 16, 2020, for those who had the shares on the record date of December 16, 2019.</p>\n<p><img src=\"https://static.tigerbbs.com/86b599e7a38c7af0abe617f3e95e54a5\" tg-width=\"640\" tg-height=\"446\" referrerpolicy=\"no-referrer\"></p>\n<p>Bob Chapek, the Chief Executive Officer of Disney, said during the Credit Suisse 23rd Annual Communications Conference held on June 14 that the Board of Directors is prioritizing thefunding of its Direct-to-Consumer[DTC] business. He added that dividends will be \"a part of our long-term capital allocation strategy, for sure.\"</p>\n<p>Chapek also revealed what the board is considering:</p>\n<blockquote>\n \"...they'll take into account what they’ve taken into account in the past, which is, what's our strategic investment outlook, where our alternative uses of capital and what are those priorities? What our financial leverage look like coming out of COVID? What the operating environment look like in terms of the release of restrictions that we've got that might constrain our business going forward, or at least give us some time to actually ramp back up to full operating mode, if you will? And what's really just the overall recovery of our businesses across the entire enterprise?\"\n</blockquote>\n<p>For now, Disney's financials are constrained. Its free cash flow is at a depressed level historically, primarily due to the weak cash from operations which in turn is due to the low revenue. The cash from operations on a trailing-twelve-month basis is at a multi-year low of $4.3 billion. Its new star division, Disney+, is unable to singlehandedly lift the company from its pandemic-impacted operations.</p>\n<p><img src=\"https://static.tigerbbs.com/501540384c7735541ed0eeb33116a073\" tg-width=\"640\" tg-height=\"447\" referrerpolicy=\"no-referrer\"></p>\n<p>Nevertheless, Wall Street analysts are not perturbed by the short-term difficulties faced by Disney. The consensus EPS estimate for the fiscal period ending September 2025 is $8.72, implying a sub-20 times forward P/E, a sharp drop from the one-year forward P/E of 72 times. It's thus likely that the share price would rise to bring the P/E ratio above the \"bargain\" sub-20 times level, increasing the justification for a stock split.</p>\n<p><img src=\"https://static.tigerbbs.com/f33bdfa14f2e1f94d872349194cef3d1\" tg-width=\"640\" tg-height=\"281\" referrerpolicy=\"no-referrer\"></p>\n<p><i>Source: Seeking Alpha Premium</i></p>\n<p><b>Additional Justifications For A DIS Stock Split</b></p>\n<p>Given that one of the reasons for doing a stock split is to bring the share price much lower than the current level, double-digit pricing certainly fits the bill. A rhetorical repeat of a 3:1 stock split would bring the share price of Disney to around $57, making it look affordable psychologically, even though it is meaningless from the valuation angle.</p>\n<p>On the other hand, it appears that Disney prefers the prestige of a larger share price, given that it has long resisted a stock split (the last one being over 20 years ago). The management of Disney might regard DIS stock's elevated share price as a reflection of its achievements, especially considering the challenges during the pandemic. A stock split bringing the share price substantially lower has the reverse effect, making the company look less accomplished compared to, say, Amazon.com, Inc. (AMZN) with its quadruple-digit share price.</p>\n<p>At the same time, while we recognize that calling a stock \"expensive\" based on the absolute price might sound silly, it is not uncommon to come across comments lamenting that tickers with share prices in the high triple-digits are \"expensive\" and those with single-digit share prices are \"bargains\".</p>\n<p>Given the option of purchasing partial shares provided by certain brokerages, the impetus to do a split is further diminished. However, judging from the cryptocurrency market, the notion that the price levels do have an effect on investors' mentality shouldn't be dismissed. For instance, the much lower-priced Dogecoin (DOGE-USD) appears to be more favored whether by short-term traders or longer-term investors compared to Bitcoin (BTC-USD).</p>\n<p><img src=\"https://static.tigerbbs.com/efb4b1d5343c9d189af17f7d9d72de30\" tg-width=\"640\" tg-height=\"446\" referrerpolicy=\"no-referrer\"></p>\n<p>Another oft-mentioned reason that companies do stock split is to improve their chances to enter the Dow Jones Industrial Average, one of the oldest and the most commonly followed equity indices. This is because the Dow is a price-weighted measurement stock market index and a high-priced component would skew the index.</p>\n<p>However, The Walt Disney Company is already a Dow component since May 6, 1991. Hence, this would not be a motivation. Nevertheless, those who trade options may welcome a stock split as it makes the option contracts more affordable.</p>\n<p>Whether a DIS stock split would happen this year is another big question. Fundamentally as I discussed earlier, it's a matter of time investors regain confidence in Disney's growth potential. Chart-wise, however, doesn't look good for Disney stock. Its gap in December last year has yet to be filled.</p>\n<p>At the same time, there appears to be a tail-end formation of a head-and-shoulder pattern, a bearish sign. Investors may wish to consider the mentioned factors instead of just looking at a potential jump should Disney announce a stock split.</p>\n<p><img src=\"https://static.tigerbbs.com/eee7ab6b1236c4ed57d19afc78319174\" tg-width=\"640\" tg-height=\"247\"><i>Source: Yahoo Finance</i></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>Will Disney Stock Split This Year?</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\">\nWill Disney Stock Split This Year?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 17:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4435877-will-disney-stock-split><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nDisney's stock split history is reviewed for the possibility of a repeat this year.\nIts financials and cash flows are negatively impacted by the pandemic but analysts are projecting a strong ...</p>\n\n<a href=\"https://seekingalpha.com/article/4435877-will-disney-stock-split\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIS":"迪士尼"},"source_url":"https://seekingalpha.com/article/4435877-will-disney-stock-split","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1186919064","content_text":"Summary\n\nDisney's stock split history is reviewed for the possibility of a repeat this year.\nIts financials and cash flows are negatively impacted by the pandemic but analysts are projecting a strong recovery in the next few years.\nIf the consensus estimates come true, the share price of DIS has much room to head north in line with the EPS growth.\nThe Walt Disney Company could consider another stock split to \"get more people in the stock.\"\n\nHas Disney Stock Ever Split?\nReaders may come across different answers to the question in the header depending on the sources. According to YCharts, The Walt Disney Company (DIS) has had nine stock splits, three between 1985 and 2000, and six prior to 1980.\n\nOn the other hand,Stock Split HistoryandYahoo Financeboth reflect eight stock splits in Disney's history. However, the exercises in 1962 and 2007 seem more like bonus issues than stock splits. The first \"split\" for DIS stock was dated December 18, 1962. This was a 103 for 100 split, meaning that a shareholder with 100 shares of DIS pre-split will subsequently own 103 shares.\n\nSource:StockSplitHistory.com\nAs with all corporate matters, investors should refer to the official announcements to be sure. From Walt Disney's website under the Investor Relations section, the company provided a neat table under the Frequently Asked Questions [FAQs]. The table showed only seven past stock splits that happened between 1956 and 1998. This meant that DIS stock has not split for over two decades. Also, it shows that Walt Disney does not consider the 103 shares for 100 shares and 1,014 shares for 1,000 shares as stock splits.\n\nSource: The Walt Disney Company\nIs Disney Stock Going To Split Again?\nTesla (TSLA) and Nvidia (NVDA) were among the prominent few companies that underwent stock splits recently. When Tesla announced itsfirst-ever stock spliton August 11 last year, the stock jumped from a pre-split price of $1374.4 to as high as $1585 the next day before closing at $1554.75. TSLA went on to clock further gains the rest of the month, appreciating over 80 percent by the end of August 2020.\nNvidia announced in May that its decision to do afour-for-one stock splitwas approved by the board. Its shares were trading above $500 before the announcement and are priced around $750 currently. Nvidia justified the proposed stock split as enabling its shares to become \"more accessible to investors and employees.\"\nThe share price of Disney is currently around $172. It hit a high of $203.02 on March 8, 2021. Even at the peak, the share price was a fraction of what TSLA and NVDA were trading at prior to their stock split announcements. As such, is there an impetus for Disney?\nWell, the last time Disney had a stock split was July 9, 1998, and the pre-split share price was only $111. Apart from one stock split in 1973, the last six stock splits were done when its share price was below $200. A quote often attributed to Mark Twain goes: \"History doesn't repeat itself, but it often rhymes.\" It is probably timely to consider Disney could conduct a fresh stock split as its stock heads back towards $200.\nDisney's Valuation And Prospects Support A Stock Split\nThe Walt Disney Company appeared to be heading for disaster when the COVID-19 pandemic struck last year. Its Disneyland theme parks and hotels around the world had to be shut for extended periods. Its cruise line and retail stores had to close for business as well. Its movies couldn't be shown as theaters were shut while film and TV productions had to be halted too.\nThe challenges that the House of the Mouse faced were unprecedented. In the second fiscal quarter of 2020, its adjusted EPS fell to $0.60 a share from $1.61 a year earlier primarily due to the suspended operations.\nThe management took proactive steps during the second quarter of 2020 to enhance Disney's liquidity position by issuing $6 billion of term debt. A week after the quarter ended, it issued another $925 million in term debt. In terms of net financial debt, however, Disney managed to hold steady and did not exceed the peak of above $50 billion following the addition of debt load to its balance sheet from the 21st Century Fox acquisition in 2019.\n\nAlthough Disney's debt level remains elevated at 28 percent, its debt-to-assets remained close to its five-year average at around 25 percent. It is also comparatively lower than its industry peers. ViacomCBS (VIAC)(VIACA) has a debt-to-assets of 32.5 percent while Comcast (CMCSA) has a debt-to-assets of 37.2 percent. Netflix (NFLX) doesn't own any attraction parks but it has the highest debt-to-assets of 38.8 percent.\n\nLooking at the debt-to-equity ratio, The Walt Disney Company is also the lowest among its peers. This suggests that Disney's capital structure could be conservative in its approach to debt relative to the industry.\n\nHowever, dividend investors may have been disappointed with the decision of Disney's Board to forego the payment of dividends last year. Its last payment of $0.88 per share was on January 16, 2020, for those who had the shares on the record date of December 16, 2019.\n\nBob Chapek, the Chief Executive Officer of Disney, said during the Credit Suisse 23rd Annual Communications Conference held on June 14 that the Board of Directors is prioritizing thefunding of its Direct-to-Consumer[DTC] business. He added that dividends will be \"a part of our long-term capital allocation strategy, for sure.\"\nChapek also revealed what the board is considering:\n\n \"...they'll take into account what they’ve taken into account in the past, which is, what's our strategic investment outlook, where our alternative uses of capital and what are those priorities? What our financial leverage look like coming out of COVID? What the operating environment look like in terms of the release of restrictions that we've got that might constrain our business going forward, or at least give us some time to actually ramp back up to full operating mode, if you will? And what's really just the overall recovery of our businesses across the entire enterprise?\"\n\nFor now, Disney's financials are constrained. Its free cash flow is at a depressed level historically, primarily due to the weak cash from operations which in turn is due to the low revenue. The cash from operations on a trailing-twelve-month basis is at a multi-year low of $4.3 billion. Its new star division, Disney+, is unable to singlehandedly lift the company from its pandemic-impacted operations.\n\nNevertheless, Wall Street analysts are not perturbed by the short-term difficulties faced by Disney. The consensus EPS estimate for the fiscal period ending September 2025 is $8.72, implying a sub-20 times forward P/E, a sharp drop from the one-year forward P/E of 72 times. It's thus likely that the share price would rise to bring the P/E ratio above the \"bargain\" sub-20 times level, increasing the justification for a stock split.\n\nSource: Seeking Alpha Premium\nAdditional Justifications For A DIS Stock Split\nGiven that one of the reasons for doing a stock split is to bring the share price much lower than the current level, double-digit pricing certainly fits the bill. A rhetorical repeat of a 3:1 stock split would bring the share price of Disney to around $57, making it look affordable psychologically, even though it is meaningless from the valuation angle.\nOn the other hand, it appears that Disney prefers the prestige of a larger share price, given that it has long resisted a stock split (the last one being over 20 years ago). The management of Disney might regard DIS stock's elevated share price as a reflection of its achievements, especially considering the challenges during the pandemic. A stock split bringing the share price substantially lower has the reverse effect, making the company look less accomplished compared to, say, Amazon.com, Inc. (AMZN) with its quadruple-digit share price.\nAt the same time, while we recognize that calling a stock \"expensive\" based on the absolute price might sound silly, it is not uncommon to come across comments lamenting that tickers with share prices in the high triple-digits are \"expensive\" and those with single-digit share prices are \"bargains\".\nGiven the option of purchasing partial shares provided by certain brokerages, the impetus to do a split is further diminished. However, judging from the cryptocurrency market, the notion that the price levels do have an effect on investors' mentality shouldn't be dismissed. For instance, the much lower-priced Dogecoin (DOGE-USD) appears to be more favored whether by short-term traders or longer-term investors compared to Bitcoin (BTC-USD).\n\nAnother oft-mentioned reason that companies do stock split is to improve their chances to enter the Dow Jones Industrial Average, one of the oldest and the most commonly followed equity indices. This is because the Dow is a price-weighted measurement stock market index and a high-priced component would skew the index.\nHowever, The Walt Disney Company is already a Dow component since May 6, 1991. Hence, this would not be a motivation. Nevertheless, those who trade options may welcome a stock split as it makes the option contracts more affordable.\nWhether a DIS stock split would happen this year is another big question. Fundamentally as I discussed earlier, it's a matter of time investors regain confidence in Disney's growth potential. Chart-wise, however, doesn't look good for Disney stock. Its gap in December last year has yet to be filled.\nAt the same time, there appears to be a tail-end formation of a head-and-shoulder pattern, a bearish sign. Investors may wish to consider the mentioned factors instead of just looking at a potential jump should Disney announce a stock split.\nSource: Yahoo Finance","news_type":1},"isVote":1,"tweetType":1,"viewCount":404,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344251336,"gmtCreate":1618411599625,"gmtModify":1704710479746,"author":{"id":"3575507353908450","authorId":"3575507353908450","name":"trisnando","avatar":"https://static.tigerbbs.com/a97932ca83eff2802eeb59122aeca88e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575507353908450","authorIdStr":"3575507353908450"},"themes":[],"htmlText":"Guessing ipo at 420","listText":"Guessing ipo at 420","text":"Guessing ipo at 420","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/344251336","repostId":"2127454000","repostType":4,"repost":{"id":"2127454000","kind":"highlight","pubTimestamp":1618364092,"share":"https://ttm.financial/m/news/2127454000?lang=&edition=fundamental","pubTime":"2021-04-14 09:34","market":"us","language":"en","title":"Coinbase IPO: Everything you need to know about the ‘watershed moment’ in crypto","url":"https://stock-news.laohu8.com/highlight/detail?id=2127454000","media":"MarketWatch","summary":"'That said, investing in Coinbase is not for the faint of heart, as the business--and the stock--wil","content":"<p>'That said, investing in Coinbase is not for the faint of heart, as the business--and the stock--will likely see dramatic, potentially protracted, swings,' MoffettNathanson's Ellis writes</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9a8244209cb653b4d9e43e2d729863b9\" tg-width=\"620\" tg-height=\"414\" referrerpolicy=\"no-referrer\"><span>Here comes the Coinbase IPO! Photographer: Tiffany Hagler-Geard/Bloomberg</span></p><p>Coinbase is the talk of Wall Street, as the largest crypto platform in the U.S. gears up for its public debut on a traditional exchange Wednesday, through a direct listing.</p><p>There is no doubt that the public offering of Coinbase is a big deal in the world of crypto. The company was created just over a decade ago with the genesis of bitcoin  and is now in the midst of a moment that many in the industry have described as a tipping point .</p><p>There are few ways to get direct ownership of crypto currencies, outside of buying them directly, a service that Coinbase provides for a fee, and what investors appear willing to be pay up for.</p><p>Leeor Shimron, analyst at FundStrat Global Advisors, described the Coinbase listing as seminal. \"Coinbase's direct listing is a watershed moment for the crypto industry.\"</p><p>Wedbush analyst Dan Ives said the listing is a reflection of the crypto's mainstream evolution.</p><p>\"Coinbase is a foundational piece of the crypto ecosystem and is a barometer for the growing mainstream adoption of Bitcoin and crypto for the coming years in our opinion,\" he wrote in a research note Tuesday.</p><p>Some caution that the implied valuations for Coinbase as a crypto exchange are too lofty , the parent company of the New York Stock Exchange.</p><p>In a direct listing, a company floats its shares on a stock exchange, but without hiring banks to underwrite the transaction, like in an IPO.</p><p>Here's what you need to know about the coming offering.</p><p><b>What is Coinbase?</b></p><p>The Silicon Valley crypto exchange was co-founded in 2012 by Brian Armstrong, 38, who runs the platform as chief executive. Fred Ehrsam, a Coinbase director, also helped to create the company.</p><p>According to Forbes , Armstrong's networth is currently $6.5 billion based on his ownership in the company and his wealth is likely to increase if the direct listing goes off successfully.</p><p><b>When will Coinbase go public?</b></p><p>Coinbase will list on April 14. The precise timing of the list isn't clear but <a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies Inc.</a>'s (PLTR)direct listing   after 1:30 p.m. Eastern Time.</p><p><b>Where will it list?</b></p><p>Coinbase is set to go public on the Nasdaq under the ticker symbol \"COIN\" as a direct listing, meaning it isn't raising any new money, as a company would under a traditional IPO.</p><p>Coinbase is the Nasdaq's first major direct listing, with Spotify <a href=\"https://laohu8.com/S/SPOT\">$(SPOT)$</a>, <a href=\"https://laohu8.com/S/WORK\">Slack Technologies</a> (WORK) and most recently Palantir Technologies (PLTR) all opting to directly list at the NYSE.</p><p><b>Valuations?</b></p><p>Valuations for Coinbase vary from $50 billion to $150 billion based on some decentralized crypto platforms that attempt to replicate how the company's shares might trade. At the top end of the spectrum, Coinbase would be bigger than a number of U.S. exchanges, including ICE, Nasdaq, CME Group <a href=\"https://laohu8.com/S/CME\">$(CME)$</a> and Cboe Global Markets <a href=\"https://laohu8.com/S/CBOE\">$(CBOE)$</a>.</p><p><img src=\"https://static.tigerbbs.com/d2200134a14a3d37a8a656d85f6906c0\" tg-width=\"955\" tg-height=\"657\" referrerpolicy=\"no-referrer\"></p><p>David Trainer, CEO of New Constructs, an investment research firm, said the crypto platform's value is ridiculously high. \"Even though Coinbase's revenue surged over the past 12 months, the company has little-to-no-chance of meeting the future profit expectations that are baked into its ridiculously high expected valuation of $100 billion,\" he said.</p><p>\"Coinbase's expected valuation of $100 billion implies that its revenue will be 1.5x the combined 2020 revenues of two of the most established exchanges in the marketplace, Nasdaq Inc. <a href=\"https://laohu8.com/S/NDAQ\">$(NDAQ)$</a> and Intercontinental Exchange <a href=\"https://laohu8.com/S/ICE\">$(ICE)$</a>, the parent company of the New York Stock Exchange,\" he said.</p><p>Trainer said that based on his calculation, Coinbase's valuation should be closer to $18.9 billion--an 81% decrease from the $100 billion expected valuation.</p><p><b>'Not for the faint of heart'</b></p><p>MoffettNathanson analyst Lisa Ellis explained to MarketWatch why the offering is, as she describes it \"not for the faint of heart,\" but why she initiated coverage of the exchange at a buy with a price-target of $600, even before it sees its first trade on the Nasdaq.</p><p>\"I'm super super bullish on Coinbase...because you get the sense that they are a market leader in the space and crypto agnostic,\" she said.</p><p>That said, she acknowledges that currently 90% of Coinbase's revenues are derived directly from retail trading, with most in the U.S. and trading centered primarily on the two largest cryptos: bitcoin and Ether  on the ethereum blockchain.</p><p>\"So the implications is that Coinbase's revenues are correlated with the level of activity in cryto currency and especially bitcoin and ether.\"</p><p>Ellis says investors need to have at least a one-year long-term investment strategy in bitcoin, which could still go to zero by some bearish accounts, but a three-year outlook is even better, because the crypto complex has tended to operate in three-year cycles of boom and then bust.</p><p><b>Validation for crypto or a top?</b></p><p>Some bulls see Coinbase as validation for the nascent crpyto industry.</p><p>Alex Mashinsky, head of crypto-lending and trading platform Celsius Network, put it this way:</p><p>\"We look at the Coinbase listing as an additional validation of the space, and a major PR opportunity for the entire industry to shine as the future of finance,\" he told MarketWatch via email.</p><p>\"Coinbase has more users and more revenues than many of the largest Wall Street players and is more profitable than any major exchange, and this validation puts most skeptics at a crossroads having to re-evaluate their denial and frustration with the disruption coming at them from all sides.\"</p><p>Others suggest that it may prove a new top for the market and put crypto prices under pressure after a precipitous rally in recent days and a fresh record for bitcoin.</p><p>Yves Lamoureux, the president of Montreal-based macroeconomic research firm Lamoureux &amp; Co., told MarketWatch that he is fearful that too much euphoria surrounds bitcoin and crypto and sees it due for a retrenchment as a result. \"Can you find out-there anyone with a bearish viewpoint?\" he asked. \"A resounding no,\" said Lamoureux.</p><p><b>Is Coinbase the largest crypto exchange?</b></p><p>Coinbase is the second-largest crypto platform, but the largest in the U.S., by volume. The title of largest goes to Binance, which sees $47 billion in crypto trading volume in a 24-hour period, according to CoinMarketCap.com .</p><p><b>Who else owns Coinbase?</b></p><p>Venture-capital firm Andreessen Horowitz, is the largest owner of Coinbase, boasting about 25% of Class A shares  and 14%% of Class B. And Marc Andreessen, head of the venture capital outfit, sits on Coinbase's board.</p><p><b>Other facts</b></p><p>For those aiming for an even deeper dive into Coinbase, check out MarketWatch's <a href=\"https://laohu8.com/NW/2116458171\" target=\"_blank\">5 things to know about the company</a>.</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>Coinbase IPO: Everything you need to know about the ‘watershed moment’ in crypto</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\">\nCoinbase IPO: Everything you need to know about the ‘watershed moment’ in crypto\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-14 09:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/coinbase-ipo-everything-you-need-to-know-about-the-watershed-moment-in-crypto-11618350086?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>'That said, investing in Coinbase is not for the faint of heart, as the business--and the stock--will likely see dramatic, potentially protracted, swings,' MoffettNathanson's Ellis writesHere comes ...</p>\n\n<a href=\"https://www.marketwatch.com/story/coinbase-ipo-everything-you-need-to-know-about-the-watershed-moment-in-crypto-11618350086?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":{"COIN":"Coinbase Global, Inc."},"source_url":"https://www.marketwatch.com/story/coinbase-ipo-everything-you-need-to-know-about-the-watershed-moment-in-crypto-11618350086?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2127454000","content_text":"'That said, investing in Coinbase is not for the faint of heart, as the business--and the stock--will likely see dramatic, potentially protracted, swings,' MoffettNathanson's Ellis writesHere comes the Coinbase IPO! Photographer: Tiffany Hagler-Geard/BloombergCoinbase is the talk of Wall Street, as the largest crypto platform in the U.S. gears up for its public debut on a traditional exchange Wednesday, through a direct listing.There is no doubt that the public offering of Coinbase is a big deal in the world of crypto. The company was created just over a decade ago with the genesis of bitcoin  and is now in the midst of a moment that many in the industry have described as a tipping point .There are few ways to get direct ownership of crypto currencies, outside of buying them directly, a service that Coinbase provides for a fee, and what investors appear willing to be pay up for.Leeor Shimron, analyst at FundStrat Global Advisors, described the Coinbase listing as seminal. \"Coinbase's direct listing is a watershed moment for the crypto industry.\"Wedbush analyst Dan Ives said the listing is a reflection of the crypto's mainstream evolution.\"Coinbase is a foundational piece of the crypto ecosystem and is a barometer for the growing mainstream adoption of Bitcoin and crypto for the coming years in our opinion,\" he wrote in a research note Tuesday.Some caution that the implied valuations for Coinbase as a crypto exchange are too lofty , the parent company of the New York Stock Exchange.In a direct listing, a company floats its shares on a stock exchange, but without hiring banks to underwrite the transaction, like in an IPO.Here's what you need to know about the coming offering.What is Coinbase?The Silicon Valley crypto exchange was co-founded in 2012 by Brian Armstrong, 38, who runs the platform as chief executive. Fred Ehrsam, a Coinbase director, also helped to create the company.According to Forbes , Armstrong's networth is currently $6.5 billion based on his ownership in the company and his wealth is likely to increase if the direct listing goes off successfully.When will Coinbase go public?Coinbase will list on April 14. The precise timing of the list isn't clear but Palantir Technologies Inc.'s (PLTR)direct listing   after 1:30 p.m. Eastern Time.Where will it list?Coinbase is set to go public on the Nasdaq under the ticker symbol \"COIN\" as a direct listing, meaning it isn't raising any new money, as a company would under a traditional IPO.Coinbase is the Nasdaq's first major direct listing, with Spotify $(SPOT)$, Slack Technologies (WORK) and most recently Palantir Technologies (PLTR) all opting to directly list at the NYSE.Valuations?Valuations for Coinbase vary from $50 billion to $150 billion based on some decentralized crypto platforms that attempt to replicate how the company's shares might trade. At the top end of the spectrum, Coinbase would be bigger than a number of U.S. exchanges, including ICE, Nasdaq, CME Group $(CME)$ and Cboe Global Markets $(CBOE)$.David Trainer, CEO of New Constructs, an investment research firm, said the crypto platform's value is ridiculously high. \"Even though Coinbase's revenue surged over the past 12 months, the company has little-to-no-chance of meeting the future profit expectations that are baked into its ridiculously high expected valuation of $100 billion,\" he said.\"Coinbase's expected valuation of $100 billion implies that its revenue will be 1.5x the combined 2020 revenues of two of the most established exchanges in the marketplace, Nasdaq Inc. $(NDAQ)$ and Intercontinental Exchange $(ICE)$, the parent company of the New York Stock Exchange,\" he said.Trainer said that based on his calculation, Coinbase's valuation should be closer to $18.9 billion--an 81% decrease from the $100 billion expected valuation.'Not for the faint of heart'MoffettNathanson analyst Lisa Ellis explained to MarketWatch why the offering is, as she describes it \"not for the faint of heart,\" but why she initiated coverage of the exchange at a buy with a price-target of $600, even before it sees its first trade on the Nasdaq.\"I'm super super bullish on Coinbase...because you get the sense that they are a market leader in the space and crypto agnostic,\" she said.That said, she acknowledges that currently 90% of Coinbase's revenues are derived directly from retail trading, with most in the U.S. and trading centered primarily on the two largest cryptos: bitcoin and Ether  on the ethereum blockchain.\"So the implications is that Coinbase's revenues are correlated with the level of activity in cryto currency and especially bitcoin and ether.\"Ellis says investors need to have at least a one-year long-term investment strategy in bitcoin, which could still go to zero by some bearish accounts, but a three-year outlook is even better, because the crypto complex has tended to operate in three-year cycles of boom and then bust.Validation for crypto or a top?Some bulls see Coinbase as validation for the nascent crpyto industry.Alex Mashinsky, head of crypto-lending and trading platform Celsius Network, put it this way:\"We look at the Coinbase listing as an additional validation of the space, and a major PR opportunity for the entire industry to shine as the future of finance,\" he told MarketWatch via email.\"Coinbase has more users and more revenues than many of the largest Wall Street players and is more profitable than any major exchange, and this validation puts most skeptics at a crossroads having to re-evaluate their denial and frustration with the disruption coming at them from all sides.\"Others suggest that it may prove a new top for the market and put crypto prices under pressure after a precipitous rally in recent days and a fresh record for bitcoin.Yves Lamoureux, the president of Montreal-based macroeconomic research firm Lamoureux & Co., told MarketWatch that he is fearful that too much euphoria surrounds bitcoin and crypto and sees it due for a retrenchment as a result. \"Can you find out-there anyone with a bearish viewpoint?\" he asked. \"A resounding no,\" said Lamoureux.Is Coinbase the largest crypto exchange?Coinbase is the second-largest crypto platform, but the largest in the U.S., by volume. The title of largest goes to Binance, which sees $47 billion in crypto trading volume in a 24-hour period, according to CoinMarketCap.com .Who else owns Coinbase?Venture-capital firm Andreessen Horowitz, is the largest owner of Coinbase, boasting about 25% of Class A shares  and 14%% of Class B. And Marc Andreessen, head of the venture capital outfit, sits on Coinbase's board.Other factsFor those aiming for an even deeper dive into Coinbase, check out MarketWatch's 5 things to know about the company.","news_type":1},"isVote":1,"tweetType":1,"viewCount":130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347177010,"gmtCreate":1618479573230,"gmtModify":1704711473849,"author":{"id":"3575507353908450","authorId":"3575507353908450","name":"trisnando","avatar":"https://static.tigerbbs.com/a97932ca83eff2802eeb59122aeca88e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575507353908450","authorIdStr":"3575507353908450"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NET\">$Cloudflare, Inc.(NET)$</a>NET&gt;FSLY","listText":"<a href=\"https://laohu8.com/S/NET\">$Cloudflare, Inc.(NET)$</a>NET&gt;FSLY","text":"$Cloudflare, Inc.(NET)$NET>FSLY","images":[{"img":"https://static.tigerbbs.com/09cabc81392966334dc80f8a9ceb54ab","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/347177010","isVote":1,"tweetType":1,"viewCount":462,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3560598381922417","authorId":"3560598381922417","name":"Yamcake18","avatar":"https://static.tigerbbs.com/2d7f68c89404c7c2abce9286c953c18d","crmLevel":1,"crmLevelSwitch":1,"idStr":"3560598381922417","authorIdStr":"3560598381922417"},"content":"Happy! I have this one, too. Will you increase your position now?","text":"Happy! I have this one, too. Will you increase your position now?","html":"Happy! I have this one, too. Will you increase your position now?"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":362425473,"gmtCreate":1614660440792,"gmtModify":1704773671673,"author":{"id":"3575507353908450","authorId":"3575507353908450","name":"trisnando","avatar":"https://static.tigerbbs.com/a97932ca83eff2802eeb59122aeca88e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575507353908450","authorIdStr":"3575507353908450"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>Feeling downz","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>Feeling downz","text":"$Palantir Technologies Inc.(PLTR)$Feeling downz","images":[{"img":"https://static.tigerbbs.com/e44e5b7901750ea3cfed7eb49bdd8c4d","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/362425473","isVote":1,"tweetType":1,"viewCount":409,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":328194070,"gmtCreate":1615505124090,"gmtModify":1704783706981,"author":{"id":"3575507353908450","authorId":"3575507353908450","name":"trisnando","avatar":"https://static.tigerbbs.com/a97932ca83eff2802eeb59122aeca88e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575507353908450","authorIdStr":"3575507353908450"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NET\">$Cloudflare, Inc.(NET)$</a>LES GO&nbsp;","listText":"<a href=\"https://laohu8.com/S/NET\">$Cloudflare, Inc.(NET)$</a>LES GO&nbsp;","text":"$Cloudflare, Inc.(NET)$LES GO","images":[{"img":"https://static.tigerbbs.com/389f675489db54f984ffdf1e154fa447","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/328194070","isVote":1,"tweetType":1,"viewCount":65,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":321571899,"gmtCreate":1615456661911,"gmtModify":1704782992606,"author":{"id":"3575507353908450","authorId":"3575507353908450","name":"trisnando","avatar":"https://static.tigerbbs.com/a97932ca83eff2802eeb59122aeca88e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575507353908450","authorIdStr":"3575507353908450"},"themes":[],"htmlText":"To the moon","listText":"To the moon","text":"To the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/321571899","repostId":"1143561095","repostType":4,"repost":{"id":"1143561095","kind":"news","pubTimestamp":1615455913,"share":"https://ttm.financial/m/news/1143561095?lang=&edition=fundamental","pubTime":"2021-03-11 17:45","market":"us","language":"en","title":"Toyota Chief’s Warning to Apple: The Car Business Isn’t Easy","url":"https://stock-news.laohu8.com/highlight/detail?id=1143561095","media":"Bloomberg","summary":"Apple plotting to enter the car market with autonomous EV\nToyoda cautions of need to be responsible ","content":"<ul>\n <li>Apple plotting to enter the car market with autonomous EV</li>\n <li>Toyoda cautions of need to be responsible for whole life cycle</li>\n</ul>\n<p>Toyota Motor Corp.&nbsp;President Akio Toyoda offered a warning to&nbsp;Apple Inc., which is&nbsp;plotting a foray&nbsp;into the auto industry: There’s more to the business of selling cars than just having the technology to produce them.</p>\n<p>The automotive industry welcomes new entrants, “but after making a vehicle, I’d like them to be prepared to deal with customers and various changes for some 40 years,” Toyoda said at a news conference held Thursday by the Japan Automobile Manufacturers Association, where he is the chairman.</p>\n<p>Although it will probably take Apple&nbsp;at least half a decade&nbsp;to launch its planned&nbsp;autonomous, electric vehicle, the technology giant has been creating waves within the car industry recently as it approaches a wide range of automakers that are seen as potential contenders for a vehicle partnership.</p>\n<p>The Cupertino, California-based company’s entry into the car market has sparked fear among some legacy automakers concerned about the potential disruptiveness of an Apple-branded vehicle. These concerns&nbsp;may be one of the reasons&nbsp;discussions between Apple and some firms have apparently fizzled in recent months, with Hyundai Motor Co. and others&nbsp;backtracking&nbsp;after saying they were in talks.</p>\n<p>The world’s largest and second-largest automakers, Toyota and&nbsp;Volkswagen AG&nbsp;appear less concerned.</p>\n<p>Volkswagen chief Herbert Diess said that he wasn’t afraid of Apple’s entry in an&nbsp;interview&nbsp;with German newspaper Frankfurter Allgemeine Sonntagszeitung in February. The car sector is different from the technology industry, and Apple “won’t manage to take it over overnight,” he said.</p>\n<p>New tech firms joining “has the potential to breathe new life into the auto industry and give customers a wider range of choices,” Toyoda said. But their entry needs to be “fair” to consumers, in that they need to be prepared to take responsibility for the entire life cycle of their vehicles, from maintenance to eventual scrapping, he said.</p>\n<p>This isn’t the first time Toyoda has been dismissive of new entrants. In a briefing in November, Toyoda&nbsp;said&nbsp;that&nbsp;Tesla Inc.&nbsp;isn’t making “real products.” Tesla, which overtook Toyota as the world’s most valuable automaker last year, may be winning in terms of market value, Toyoda said. But Toyota has what the Fremont, California-based automaker doesn’t: experience making more than 100 million cars.</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>Toyota Chief’s Warning to Apple: The Car Business Isn’t Easy</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\">\nToyota Chief’s Warning to Apple: The Car Business Isn’t Easy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-11 17:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-11/toyota-chief-s-warning-to-apple-the-car-business-isn-t-easy?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple plotting to enter the car market with autonomous EV\nToyoda cautions of need to be responsible for whole life cycle\n\nToyota Motor Corp. President Akio Toyoda offered a warning to Apple Inc., ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-11/toyota-chief-s-warning-to-apple-the-car-business-isn-t-easy?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TM":"丰田汽车","AAPL":"苹果"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-11/toyota-chief-s-warning-to-apple-the-car-business-isn-t-easy?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143561095","content_text":"Apple plotting to enter the car market with autonomous EV\nToyoda cautions of need to be responsible for whole life cycle\n\nToyota Motor Corp. President Akio Toyoda offered a warning to Apple Inc., which is plotting a foray into the auto industry: There’s more to the business of selling cars than just having the technology to produce them.\nThe automotive industry welcomes new entrants, “but after making a vehicle, I’d like them to be prepared to deal with customers and various changes for some 40 years,” Toyoda said at a news conference held Thursday by the Japan Automobile Manufacturers Association, where he is the chairman.\nAlthough it will probably take Apple at least half a decade to launch its planned autonomous, electric vehicle, the technology giant has been creating waves within the car industry recently as it approaches a wide range of automakers that are seen as potential contenders for a vehicle partnership.\nThe Cupertino, California-based company’s entry into the car market has sparked fear among some legacy automakers concerned about the potential disruptiveness of an Apple-branded vehicle. These concerns may be one of the reasons discussions between Apple and some firms have apparently fizzled in recent months, with Hyundai Motor Co. and others backtracking after saying they were in talks.\nThe world’s largest and second-largest automakers, Toyota and Volkswagen AG appear less concerned.\nVolkswagen chief Herbert Diess said that he wasn’t afraid of Apple’s entry in an interview with German newspaper Frankfurter Allgemeine Sonntagszeitung in February. The car sector is different from the technology industry, and Apple “won’t manage to take it over overnight,” he said.\nNew tech firms joining “has the potential to breathe new life into the auto industry and give customers a wider range of choices,” Toyoda said. But their entry needs to be “fair” to consumers, in that they need to be prepared to take responsibility for the entire life cycle of their vehicles, from maintenance to eventual scrapping, he said.\nThis isn’t the first time Toyoda has been dismissive of new entrants. In a briefing in November, Toyoda said that Tesla Inc. isn’t making “real products.” Tesla, which overtook Toyota as the world’s most valuable automaker last year, may be winning in terms of market value, Toyoda said. But Toyota has what the Fremont, California-based automaker doesn’t: experience making more than 100 million cars.","news_type":1},"isVote":1,"tweetType":1,"viewCount":17,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167761946,"gmtCreate":1624285158385,"gmtModify":1703832498419,"author":{"id":"3575507353908450","authorId":"3575507353908450","name":"trisnando","avatar":"https://static.tigerbbs.com/a97932ca83eff2802eeb59122aeca88e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575507353908450","authorIdStr":"3575507353908450"},"themes":[],"htmlText":"No inflation pls","listText":"No inflation pls","text":"No inflation pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/167761946","repostId":"1133913488","repostType":4,"repost":{"id":"1133913488","kind":"news","pubTimestamp":1624283796,"share":"https://ttm.financial/m/news/1133913488?lang=&edition=fundamental","pubTime":"2021-06-21 21:56","market":"us","language":"en","title":"Nomura Warns Of Market \"Reversal Risk\" As FedSpeak Walks Back 'Bullard Bomb'","url":"https://stock-news.laohu8.com/highlight/detail?id=1133913488","media":"zerohedge","summary":"After last week’s market fireworks on the Fed's \"hawkish surprise\" and Jim Bullard's \"you think that's hawkish, hold my beer\" moment on Friday morning, which has many market participants screaming “policy error\", Nomura's Charlie McElligott warnstraders now need to be ready for some potential “reversal of the rhetoric” this week-especially as we are looking at an astounding sixteen (!) Fed speakers on the calendar ahead......which is notable in that bothTreasury Yields and Equities are already s","content":"<p>After last week’s market fireworks on the Fed's \"hawkish surprise\" and Jim Bullard's \"you think that's hawkish, hold my beer\" moment on Friday morning, which has many market participants screaming “policy error\", Nomura's Charlie McElligott warns<b>traders now need to be ready for some potential “reversal of the rhetoric” this week</b>-<i>especially as we are looking at an astounding sixteen (!) Fed speakers on the calendar ahead...</i></p>\n<p><img src=\"https://static.tigerbbs.com/7b9c98ddf2dc1b15c2d57d8c2421a348\" tg-width=\"500\" tg-height=\"235\" referrerpolicy=\"no-referrer\"><i>...which is notable in that both</i><i><b>Treasury Yields and Equities are already substantially higher versus Asian reopening lows</b></i><i>...</i></p>\n<p><img src=\"https://static.tigerbbs.com/51d6b2b76cf82953faef9bf5fab63418\" tg-width=\"500\" tg-height=\"312\" referrerpolicy=\"no-referrer\">Which McElligott warns,<b>risks creating a counter-trend reversal which could catch many flat-footed again as tactically, any semblance of walking-back from the Fed could then elicit an optic of “Reflation,”</b>&nbsp;particularly if USD were to weaken further from here, Real Yields were to again tilt more negative and UST curves then again “bear-steepen” after their eye-water liquidations / stop-out last week—which too would then likely trigger a concurrent bounceback of the prior “Cyclical Value over Secular Growth” trend in US Equities,&nbsp;<i>after said expressions were powerfully de-grossed last week</i>&nbsp;(Nasdaq +0.4% last wk vs Russell -4.1%)</p>\n<ul>\n <li><p><i>Equities “Reflation” last week: Nomura 10 Yr Yield Sensitive Factor -4.6%; Cyclical Value Factor -3.5%; Growth Nowcast -3.1%; LT Momentum -3.1%; Wolfe AVID Value -2.7%; Defensive Value -2.4%</i></p></li>\n <li><p><i>Equities “Duration” last week: IG Credit Sensitive Factor +2.7%; HF Crowding +2.2%; Low Risk +2.0%; Size (Big-Small) +1.3%; Dividend +1.0%</i></p></li>\n</ul>\n<p><b>This is what the unspoken “third Fed mandate” of maintaining “easy financial conditions at all costs” hath wrought</b><i>-</i>an absurd cycle where Fed policy and the US economy actually works to a point where in “old” central banking, the Fed would accordingly pivot “hawkish” and begin tightening policy; but in the “Fed Put” world order, market forces now pull-ahead the negative economic slowdown implications of said “tightening” and have “taper tantrums” creating market volatility,&nbsp;<b>ultimately forcing the Fed to walk-back hawkish tone shifts if the market.</b></p>\n<p><img src=\"https://static.tigerbbs.com/0ca8c1b6e282ef937647386ccbcdc21b\" tg-width=\"500\" tg-height=\"272\" referrerpolicy=\"no-referrer\">In this case,<b>the risk this week then becomes that some portion of the very active calendar of Fed speakers will now voice a “concern” that last week’s dot plot and SEP will work against their previously stated FAIT desire and impede future growth- and inflation- expectations,and could then message on just how “conditional” those forecasts are -</b><i>i.e. downplaying their forecasting ability, in an attempt to reverse some of the market’s pull-forward of “tighter financial conditions” due to perceived “hawkish pivot” from Fed which nullifies their own prior efforts to reset future inflation expectations!</i></p>\n<p><img src=\"https://static.tigerbbs.com/72edd0892cdcb8696310f135ba5dec38\" tg-width=\"500\" tg-height=\"273\" referrerpolicy=\"no-referrer\">And as we have now seen countless times before, if the Fed then again “bends the knee” to market forces, the vol spike and forced deleveraging / hedging of risk-assets is then reversed with “rich vols” then sold into, which in standard lagging-fashion will mean that as trailing rVol then resets lower following the expected “Fed back-track,” a large covering of dynamic hedges (shorts) and / or mechancial re-leveraging of risk-asset exposure from “Target Volatility / Vol Control” universe will then see markets resume their rise, as vols are smashed<b><i>- “Crash-down, then crash-up” rinse / repeat.</i></b></p>\n<p>To further contribute to these potential “sling-shot” (crash-down, then crash-up) optics,&nbsp;<b>we now inherently see much “cleaner” options positioning (current ES at 4167, which is the “Delta Neutral vs Spot” level) post last week’s abnormally outsized Op-Ex&nbsp;</b><b><i>(although worth-noting that we are now in “short Gamma vs spot” territory at 4167 last vs 4237 “Gamma neutral” line).</i></b></p>\n<p><img src=\"https://static.tigerbbs.com/db8e096623b51035a7813c45b7dc2b02\" tg-width=\"996\" tg-height=\"618\" referrerpolicy=\"no-referrer\"></p>\n<p><b>And in the case that the incremental “hawkish Fed surprise” vol spike is sold into Dealers by the VRP crowd&nbsp;</b><b><i>(particular with any semblance of “Fed walk-back” this wk),</i></b><b>&nbsp;this impulse supply of Volatility- and Gamma- will again then perpetuate a more stable, insulated market thereafter, as Dealer “long Gamma” means hedging flows will further squelch the potential for market moves</b>- hence, the virtuous cycle phase of the “vol selling” feedback loop.</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>Nomura Warns Of Market \"Reversal Risk\" As FedSpeak Walks Back 'Bullard Bomb'</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\">\nNomura Warns Of Market \"Reversal Risk\" As FedSpeak Walks Back 'Bullard Bomb'\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 21:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/nomura-warns-market-reversal-risk-fedspeak-walks-back-bulard-bomb?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After last week’s market fireworks on the Fed's \"hawkish surprise\" and Jim Bullard's \"you think that's hawkish, hold my beer\" moment on Friday morning, which has many market participants screaming “...</p>\n\n<a href=\"https://www.zerohedge.com/markets/nomura-warns-market-reversal-risk-fedspeak-walks-back-bulard-bomb?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://www.zerohedge.com/markets/nomura-warns-market-reversal-risk-fedspeak-walks-back-bulard-bomb?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133913488","content_text":"After last week’s market fireworks on the Fed's \"hawkish surprise\" and Jim Bullard's \"you think that's hawkish, hold my beer\" moment on Friday morning, which has many market participants screaming “policy error\", Nomura's Charlie McElligott warnstraders now need to be ready for some potential “reversal of the rhetoric” this week-especially as we are looking at an astounding sixteen (!) Fed speakers on the calendar ahead...\n...which is notable in that bothTreasury Yields and Equities are already substantially higher versus Asian reopening lows...\nWhich McElligott warns,risks creating a counter-trend reversal which could catch many flat-footed again as tactically, any semblance of walking-back from the Fed could then elicit an optic of “Reflation,” particularly if USD were to weaken further from here, Real Yields were to again tilt more negative and UST curves then again “bear-steepen” after their eye-water liquidations / stop-out last week—which too would then likely trigger a concurrent bounceback of the prior “Cyclical Value over Secular Growth” trend in US Equities, after said expressions were powerfully de-grossed last week (Nasdaq +0.4% last wk vs Russell -4.1%)\n\nEquities “Reflation” last week: Nomura 10 Yr Yield Sensitive Factor -4.6%; Cyclical Value Factor -3.5%; Growth Nowcast -3.1%; LT Momentum -3.1%; Wolfe AVID Value -2.7%; Defensive Value -2.4%\nEquities “Duration” last week: IG Credit Sensitive Factor +2.7%; HF Crowding +2.2%; Low Risk +2.0%; Size (Big-Small) +1.3%; Dividend +1.0%\n\nThis is what the unspoken “third Fed mandate” of maintaining “easy financial conditions at all costs” hath wrought-an absurd cycle where Fed policy and the US economy actually works to a point where in “old” central banking, the Fed would accordingly pivot “hawkish” and begin tightening policy; but in the “Fed Put” world order, market forces now pull-ahead the negative economic slowdown implications of said “tightening” and have “taper tantrums” creating market volatility, ultimately forcing the Fed to walk-back hawkish tone shifts if the market.\nIn this case,the risk this week then becomes that some portion of the very active calendar of Fed speakers will now voice a “concern” that last week’s dot plot and SEP will work against their previously stated FAIT desire and impede future growth- and inflation- expectations,and could then message on just how “conditional” those forecasts are -i.e. downplaying their forecasting ability, in an attempt to reverse some of the market’s pull-forward of “tighter financial conditions” due to perceived “hawkish pivot” from Fed which nullifies their own prior efforts to reset future inflation expectations!\nAnd as we have now seen countless times before, if the Fed then again “bends the knee” to market forces, the vol spike and forced deleveraging / hedging of risk-assets is then reversed with “rich vols” then sold into, which in standard lagging-fashion will mean that as trailing rVol then resets lower following the expected “Fed back-track,” a large covering of dynamic hedges (shorts) and / or mechancial re-leveraging of risk-asset exposure from “Target Volatility / Vol Control” universe will then see markets resume their rise, as vols are smashed- “Crash-down, then crash-up” rinse / repeat.\nTo further contribute to these potential “sling-shot” (crash-down, then crash-up) optics, we now inherently see much “cleaner” options positioning (current ES at 4167, which is the “Delta Neutral vs Spot” level) post last week’s abnormally outsized Op-Ex (although worth-noting that we are now in “short Gamma vs spot” territory at 4167 last vs 4237 “Gamma neutral” line).\n\nAnd in the case that the incremental “hawkish Fed surprise” vol spike is sold into Dealers by the VRP crowd (particular with any semblance of “Fed walk-back” this wk), this impulse supply of Volatility- and Gamma- will again then perpetuate a more stable, insulated market thereafter, as Dealer “long Gamma” means hedging flows will further squelch the potential for market moves- hence, the virtuous cycle phase of the “vol selling” feedback loop.","news_type":1},"isVote":1,"tweetType":1,"viewCount":694,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160615664,"gmtCreate":1623794738958,"gmtModify":1703819427310,"author":{"id":"3575507353908450","authorId":"3575507353908450","name":"trisnando","avatar":"https://static.tigerbbs.com/a97932ca83eff2802eeb59122aeca88e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575507353908450","authorIdStr":"3575507353908450"},"themes":[],"htmlText":"Pls drop so i can buu","listText":"Pls drop so i can buu","text":"Pls drop so i can buu","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/160615664","repostId":"1187337744","repostType":4,"repost":{"id":"1187337744","kind":"news","pubTimestamp":1623770439,"share":"https://ttm.financial/m/news/1187337744?lang=&edition=fundamental","pubTime":"2021-06-15 23:20","market":"us","language":"en","title":"FOMC Preview: \"It's Like The Titanic Running At Full Speed. In Fog. At Night\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1187337744","media":"zerohedge","summary":"Perhaps it's prudent to ease up on the throttle.","content":"<p>There's an FOMC meeting this week and we are expecting a policy statement at 2:00 PM on Wednesday. Many commentators are calling this FOMC meeting the \"most important\" in recent years.</p>\n<p><u><i><b>Big picture … did the Fed move the goal posts?</b></i></u></p>\n<p>Let's look at some numbers.</p>\n<p>Monthly inflation: wage growth +.5%, PCE +.7%, PPI +.6%, CPI +.7% -<b>these are real scary when they're annualized</b>.</p>\n<p>GDP is projected to be 6.4% and the unemployment rate is projected to be 5.5% at the next report.</p>\n<p>With these numbers, U.S. monetary is still \"<b>all in.\"</b></p>\n<p>Overnight rates are at 0% and QE running at $120 billion a month.</p>\n<p><b>On top of that, there will be more stimulus as the economy continues to reopen.</b></p>\n<p>In my book, this economic situation calls for attention.</p>\n<p><u><i><b>It's like the Titanic running at full speed. In fog. At night.</b></i></u></p>\n<p>Perhaps it's prudent to ease up on the throttle.</p>\n<p></p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>FOMC Preview: \"It's Like The Titanic Running At Full Speed. In Fog. At Night\"</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\">\nFOMC Preview: \"It's Like The Titanic Running At Full Speed. In Fog. At Night\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 23:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/fomc-preview-its-titanic-running-full-speed-fog-night><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There's an FOMC meeting this week and we are expecting a policy statement at 2:00 PM on Wednesday. Many commentators are calling this FOMC meeting the \"most important\" in recent years.\nBig picture … ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/fomc-preview-its-titanic-running-full-speed-fog-night\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.zerohedge.com/markets/fomc-preview-its-titanic-running-full-speed-fog-night","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187337744","content_text":"There's an FOMC meeting this week and we are expecting a policy statement at 2:00 PM on Wednesday. Many commentators are calling this FOMC meeting the \"most important\" in recent years.\nBig picture … did the Fed move the goal posts?\nLet's look at some numbers.\nMonthly inflation: wage growth +.5%, PCE +.7%, PPI +.6%, CPI +.7% -these are real scary when they're annualized.\nGDP is projected to be 6.4% and the unemployment rate is projected to be 5.5% at the next report.\nWith these numbers, U.S. monetary is still \"all in.\"\nOvernight rates are at 0% and QE running at $120 billion a month.\nOn top of that, there will be more stimulus as the economy continues to reopen.\nIn my book, this economic situation calls for attention.\nIt's like the Titanic running at full speed. In fog. At night.\nPerhaps it's prudent to ease up on the throttle.","news_type":1},"isVote":1,"tweetType":1,"viewCount":702,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349462792,"gmtCreate":1617632864016,"gmtModify":1704701162313,"author":{"id":"3575507353908450","authorId":"3575507353908450","name":"trisnando","avatar":"https://static.tigerbbs.com/a97932ca83eff2802eeb59122aeca88e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575507353908450","authorIdStr":"3575507353908450"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/MARA\">$Marathon Digital Holdings Inc(MARA)$</a>LETS GO","listText":"<a href=\"https://laohu8.com/S/MARA\">$Marathon Digital Holdings Inc(MARA)$</a>LETS GO","text":"$Marathon Digital Holdings Inc(MARA)$LETS GO","images":[{"img":"https://static.tigerbbs.com/a7b2a04782b58bd83db625f146589a73","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/349462792","isVote":1,"tweetType":1,"viewCount":278,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":380752824,"gmtCreate":1612599378968,"gmtModify":1704873167755,"author":{"id":"3575507353908450","authorId":"3575507353908450","name":"trisnando","avatar":"https://static.tigerbbs.com/a97932ca83eff2802eeb59122aeca88e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575507353908450","authorIdStr":"3575507353908450"},"themes":[],"htmlText":"Thanks tiger for the profits","listText":"Thanks tiger for the profits","text":"Thanks tiger for the profits","images":[{"img":"https://static.tigerbbs.com/48b626410ecc9494b1a1ffa86de96090","width":"3024","height":"4032"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/380752824","isVote":1,"tweetType":1,"viewCount":29,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":160612733,"gmtCreate":1623794716522,"gmtModify":1703819425316,"author":{"id":"3575507353908450","authorId":"3575507353908450","name":"trisnando","avatar":"https://static.tigerbbs.com/a97932ca83eff2802eeb59122aeca88e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575507353908450","authorIdStr":"3575507353908450"},"themes":[],"htmlText":"Spam","listText":"Spam","text":"Spam","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/160612733","repostId":"1191245053","repostType":4,"repost":{"id":"1191245053","kind":"news","pubTimestamp":1623762167,"share":"https://ttm.financial/m/news/1191245053?lang=&edition=fundamental","pubTime":"2021-06-15 21:02","market":"us","language":"en","title":"Quad-Witch Quandary: How Will Friday's $2 Trillion Gamma Expiration Impact Markets","url":"https://stock-news.laohu8.com/highlight/detail?id=1191245053","media":"zerohedge","summary":"Last week, when discussing thebizarre summer doldrumsin the market which pushed the VIX to the lowest level since the onset of the covid pandemic, we said that this period of abnormal market quiet is likely to last until this Friday' quad-witch, when a massive amount of gamma and delta expire and are de-risked, in the process eliminating one of the natural downside stock buffers .So picking up on the topic of Friday' potentially market-moving opex, Goldman' in-house derivatives expert, Rocky Fis","content":"<p>Last week, when discussing thebizarre summer doldrumsin the market which pushed the VIX to the lowest level since the onset of the covid pandemic, we said that this period of abnormal market quiet is likely to last until this Friday' quad-witch, when a massive amount of gamma and delta expire and are de-risked, in the process eliminating one of the natural downside stock buffers (see \"4 Reasons Why The Market Doldrums End With Next Friday's Op-Ex\").</p>\n<p>So picking up on the topic of Friday' potentially market-moving opex, Goldman' in-house derivatives expert, Rocky Fishman, previews June’s upcoming expiration which he dubs as \"large - comparable to a typical quarterly.\" Specifically,<b>there are $1.8 trillion of SPX options expiring on Friday, in addition to $240 billion of SPY options and $200 billion of options on SPX and SPX E-mini futures.</b></p>\n<p><img src=\"https://static.tigerbbs.com/0d1ece116794c7f6523250fd682450e3\" tg-width=\"959\" tg-height=\"765\" referrerpolicy=\"no-referrer\"></p>\n<p>Yet while these totals are massive,<b>when adjusted for the index’s size the amount of expiring options within 10% of current spot is smaller than just about any quarterly over the past decade.</b></p>\n<p><img src=\"https://static.tigerbbs.com/534b677774a92a59d4fe08f09359932b\" tg-width=\"500\" tg-height=\"298\" referrerpolicy=\"no-referrer\"></p>\n<p>It's worth noting that according to Goldman estimates that combos account<b>for 15-20% of SPX options,</b>so an adjusted open interest total would add up to $1.5tln, still much larger than total expiring single stock open interest ($775bln). Furthermore, with stocks at all time highs, it is to be expected that most of the June open interest is below the current SPX spot price. As shown in the chart below, the dual peaks are at 3,900 and 4,150. This means that after Friday, there may be a certain \"anti\"-gravity around those spots until gamma is refilled.</p>\n<p><img src=\"https://static.tigerbbs.com/adfcada2b0ef3f2ebbd684649a613043\" tg-width=\"936\" tg-height=\"541\" referrerpolicy=\"no-referrer\"></p>\n<p>The Goldman strategist then explains what he believes is below the abnormally low level of realized market vol, noting that - as we discussed last week - it is consistent with long gamma positioning. Consider that SPX<b>realized volatility over the past 13 trading days has been just 5.1% - the lowest 13-day realized vol since 2019.</b></p>\n<p><img src=\"https://static.tigerbbs.com/afffda1e07736784ad695d95a9936421\" tg-width=\"952\" tg-height=\"558\" referrerpolicy=\"no-referrer\"></p>\n<p>This contrasts with extreme volatility in pockets of the single stock market; AMC, which had the highest contract volume among single stocks last week (but far less notional volume at$7bln/day than AMZN’s leading $120bln/day), has had close to 400% realized vol over the same period.</p>\n<p><img src=\"https://static.tigerbbs.com/df2b7aeaadb37160a7eaf0ac08ba31de\" tg-width=\"1236\" tg-height=\"561\" referrerpolicy=\"no-referrer\"></p>\n<p>Then, as Nomura's Charlie McElligott first noted last week, Goldman's derivatives team agrees that<b>the extremely low SPX realized volatility is consistent with the possibility that 18-Jun has left “the street” long index gamma, in which case Fishman echoeswhat we said last week, namely that \"realized volatility could pick up once positions are cleaner. \"</b>Meanwhile, the rising beta of VIX futures to the SPX indicates that investors expect short gamma dynamics to pick up should markets sell off. Translation:<u><b>the market will become much more volatile in a selloff.</b></u></p>\n<p><img src=\"https://static.tigerbbs.com/76b01b8a05b70ec4f343626b1fad491b\" tg-width=\"931\" tg-height=\"560\" referrerpolicy=\"no-referrer\"></p>\n<p>Meanwhile, and in keeping with the latest memo stock squeeze, Goldman also notes that while single stock option volumes continue to be high, it is well short of Q1 peaks. The large percentage of all single stock option activity driven by retail, and the predictive value of retail activity, have both heightened the attention on the single stock option market in recent weeks. Recent growth in single stock option activity has been concentrated in low-share-price stocks, leaving a shar prise in contract-volume over the past two weeks that has not been matched by notional volume. When adjusting notional volume for the size of the equity market, Goldman finds that single stock volume has actually been on the low of its 2021 range over the past two weeks which means that the latest ramps had little to no gamma squeeze components to them.</p>\n<p><img src=\"https://static.tigerbbs.com/9c6c3df49e3e5d1e4a7a0d9c24696e6a\" tg-width=\"1212\" tg-height=\"608\" referrerpolicy=\"no-referrer\"></p>\n<p>One final point which we discussed recently and which is in keeping with the growing retail participation in trading, is Goldman's observation that the trend toward shorter-dated SPX options (weeklies) and away from quarterlies, continues. That also is one of the reasons why Friday’s SPX expiration is smaller than many recent quarterlies, and why as it as approached expiration, its trading volume has been falling.</p>\n<p>As Goldman explains, investors have been increasingly adopting the full calendar of SPX expirations, including expirations every Monday and Wednesday, as they tailor their views around events. In fact,<b>the percentage of SPX option volume happening in 3rd Friday expirations is at an all-time low,</b>and is now smaller than the percentage happening in Monday and Wednesday expirations. One explanation for heightened ultra-short-dated volumes is the strong single stock volumes: and here an interest suggesting from Goldman - \"to the extent market makers are unable to cover the short single stock gamma generated by retail investors’ call buying, they may be actively trading long positions in strips of ultra-short-dated SPX index options to offset this gamma.\"</p>\n<p><img src=\"https://static.tigerbbs.com/bd0e886a62a61c70b0f299bd6c032a24\" tg-width=\"954\" tg-height=\"1128\" referrerpolicy=\"no-referrer\"></p>\n<p>Why is this important? because if this trend is large enough, it directly contributes to low implied and realized correlation.<b>Ironically, by ramping single name, \"most-shorted names\", retail investors are ushering a period of unorthodox calm across the rest of the market!</b></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>Quad-Witch Quandary: How Will Friday's $2 Trillion Gamma Expiration Impact Markets</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\">\nQuad-Witch Quandary: How Will Friday's $2 Trillion Gamma Expiration Impact Markets\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 21:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/quad-witch-quandary-how-will-fridays-2-trillion-gamma-expiration-impact-markets><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Last week, when discussing thebizarre summer doldrumsin the market which pushed the VIX to the lowest level since the onset of the covid pandemic, we said that this period of abnormal market quiet is ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/quad-witch-quandary-how-will-fridays-2-trillion-gamma-expiration-impact-markets\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF",".DJI":"道琼斯"},"source_url":"https://www.zerohedge.com/markets/quad-witch-quandary-how-will-fridays-2-trillion-gamma-expiration-impact-markets","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191245053","content_text":"Last week, when discussing thebizarre summer doldrumsin the market which pushed the VIX to the lowest level since the onset of the covid pandemic, we said that this period of abnormal market quiet is likely to last until this Friday' quad-witch, when a massive amount of gamma and delta expire and are de-risked, in the process eliminating one of the natural downside stock buffers (see \"4 Reasons Why The Market Doldrums End With Next Friday's Op-Ex\").\nSo picking up on the topic of Friday' potentially market-moving opex, Goldman' in-house derivatives expert, Rocky Fishman, previews June’s upcoming expiration which he dubs as \"large - comparable to a typical quarterly.\" Specifically,there are $1.8 trillion of SPX options expiring on Friday, in addition to $240 billion of SPY options and $200 billion of options on SPX and SPX E-mini futures.\n\nYet while these totals are massive,when adjusted for the index’s size the amount of expiring options within 10% of current spot is smaller than just about any quarterly over the past decade.\n\nIt's worth noting that according to Goldman estimates that combos accountfor 15-20% of SPX options,so an adjusted open interest total would add up to $1.5tln, still much larger than total expiring single stock open interest ($775bln). Furthermore, with stocks at all time highs, it is to be expected that most of the June open interest is below the current SPX spot price. As shown in the chart below, the dual peaks are at 3,900 and 4,150. This means that after Friday, there may be a certain \"anti\"-gravity around those spots until gamma is refilled.\n\nThe Goldman strategist then explains what he believes is below the abnormally low level of realized market vol, noting that - as we discussed last week - it is consistent with long gamma positioning. Consider that SPXrealized volatility over the past 13 trading days has been just 5.1% - the lowest 13-day realized vol since 2019.\n\nThis contrasts with extreme volatility in pockets of the single stock market; AMC, which had the highest contract volume among single stocks last week (but far less notional volume at$7bln/day than AMZN’s leading $120bln/day), has had close to 400% realized vol over the same period.\n\nThen, as Nomura's Charlie McElligott first noted last week, Goldman's derivatives team agrees thatthe extremely low SPX realized volatility is consistent with the possibility that 18-Jun has left “the street” long index gamma, in which case Fishman echoeswhat we said last week, namely that \"realized volatility could pick up once positions are cleaner. \"Meanwhile, the rising beta of VIX futures to the SPX indicates that investors expect short gamma dynamics to pick up should markets sell off. Translation:the market will become much more volatile in a selloff.\n\nMeanwhile, and in keeping with the latest memo stock squeeze, Goldman also notes that while single stock option volumes continue to be high, it is well short of Q1 peaks. The large percentage of all single stock option activity driven by retail, and the predictive value of retail activity, have both heightened the attention on the single stock option market in recent weeks. Recent growth in single stock option activity has been concentrated in low-share-price stocks, leaving a shar prise in contract-volume over the past two weeks that has not been matched by notional volume. When adjusting notional volume for the size of the equity market, Goldman finds that single stock volume has actually been on the low of its 2021 range over the past two weeks which means that the latest ramps had little to no gamma squeeze components to them.\n\nOne final point which we discussed recently and which is in keeping with the growing retail participation in trading, is Goldman's observation that the trend toward shorter-dated SPX options (weeklies) and away from quarterlies, continues. That also is one of the reasons why Friday’s SPX expiration is smaller than many recent quarterlies, and why as it as approached expiration, its trading volume has been falling.\nAs Goldman explains, investors have been increasingly adopting the full calendar of SPX expirations, including expirations every Monday and Wednesday, as they tailor their views around events. In fact,the percentage of SPX option volume happening in 3rd Friday expirations is at an all-time low,and is now smaller than the percentage happening in Monday and Wednesday expirations. One explanation for heightened ultra-short-dated volumes is the strong single stock volumes: and here an interest suggesting from Goldman - \"to the extent market makers are unable to cover the short single stock gamma generated by retail investors’ call buying, they may be actively trading long positions in strips of ultra-short-dated SPX index options to offset this gamma.\"\n\nWhy is this important? because if this trend is large enough, it directly contributes to low implied and realized correlation.Ironically, by ramping single name, \"most-shorted names\", retail investors are ushering a period of unorthodox calm across the rest of the market!","news_type":1},"isVote":1,"tweetType":1,"viewCount":508,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187853473,"gmtCreate":1623749985692,"gmtModify":1704210406231,"author":{"id":"3575507353908450","authorId":"3575507353908450","name":"trisnando","avatar":"https://static.tigerbbs.com/a97932ca83eff2802eeb59122aeca88e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575507353908450","authorIdStr":"3575507353908450"},"themes":[],"htmlText":"Apple yay","listText":"Apple yay","text":"Apple yay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/187853473","repostId":"1122399963","repostType":4,"repost":{"id":"1122399963","kind":"news","pubTimestamp":1623742330,"share":"https://ttm.financial/m/news/1122399963?lang=&edition=fundamental","pubTime":"2021-06-15 15:32","market":"us","language":"en","title":"Apple and Google are forcing a rethink in advertising, ad guru Maurice Levy says","url":"https://stock-news.laohu8.com/highlight/detail?id=1122399963","media":"cnbc","summary":"KEY POINTS\n\nChanges to Apple and Google’s web tracking tools mean advertisers are having to “revisit","content":"<div>\n<p>KEY POINTS\n\nChanges to Apple and Google’s web tracking tools mean advertisers are having to “revisit the whole way we are working,” Publicis Chairman Maurice Levy said.\nApple has forced app developers...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/15/apple-google-force-rethink-in-advertising-industry-maurice-levy.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>Apple and Google are forcing a rethink in advertising, ad guru Maurice Levy says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple and Google are forcing a rethink in advertising, ad guru Maurice Levy says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 15:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/15/apple-google-force-rethink-in-advertising-industry-maurice-levy.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nChanges to Apple and Google’s web tracking tools mean advertisers are having to “revisit the whole way we are working,” Publicis Chairman Maurice Levy said.\nApple has forced app developers...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/15/apple-google-force-rethink-in-advertising-industry-maurice-levy.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","GOOG":"谷歌","GOOGL":"谷歌A"},"source_url":"https://www.cnbc.com/2021/06/15/apple-google-force-rethink-in-advertising-industry-maurice-levy.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1122399963","content_text":"KEY POINTS\n\nChanges to Apple and Google’s web tracking tools mean advertisers are having to “revisit the whole way we are working,” Publicis Chairman Maurice Levy said.\nApple has forced app developers to ask permission to collect unique identifiers to target mobile ads, while Google plans to ditch third-party cookies on Chrome.\nLevy welcomed plans for a global minimum corporate tax of 15%, and said digital giants should pay their fair share in the countries in which they operate.\n\nDigital privacy moves fromAppleandGoogleare forcing the advertising industry to reconsider the way it works,Publicis Groupe’sMaurice Levy told CNBC.\nThe chairman of the world’s third-biggest advertising company said changes to Apple’s iOS smartphone software and Google’s Chrome web browser meant advertisers were having to “revisit the whole way we are working.”\n“It’s not a clear win” for traditional ad agencies, Levy told CNBC’s Karen Tso Monday.\n“Privacy is extremely important,” he added. “And I think the fact that all those platforms are taking care of the privacy of the consumers and their customers is something which is extraordinarily important. But this is leading to a revisit of the way we are working.”\nApple this year started forcing app developers on its platforms to ask permission before they can collectunique identifiersused by advertisers to target mobile ads and measure how effective they are.\nThe company had alreadybanned the use of unauthorized third-party cookies— which many advertisers rely on to track internet users and serve them with personalized ads — on its Safari browser.\nNow, Google also plans toditch third-party cookies on Chrome, and is in the process of searching for an alternative. Last week, the tech giant said it wouldgive Britain’s competition regulator a sayin its proposal to replace cookies.\nThe move has led to infighting in the tech industry, with Facebook and Apple sparring over the latter’s privacy updates. Facebook is likely to be one of the companies most affected by Apple’s iOS changes, and has been pushing into new business lines likeonline shoppingin an effort to cushion the blow.\nLevy said Publicis’$4.4 billion acquisition of data company Epsilonshould help to shield the marketing giant from the fallout of Apple and Google’s privacy changes.\nTech tax\nApple, Google and other large tech firms are facing growing scrutiny from regulators around the world over everything from their sheer size to how much tax they pay.\nThis month, the Group of Seven (G-7) richest nations agreed ahistoric dealto set a global minimum corporation tax of 15%. The move is aimed in large part at tackling tax avoidance from digital giants like Google, Apple, Facebook and Amazon, with a new tax system linked to the places where multinationals are actually doing business rather than where they are headquartered.\n“I think that the decision which has been made is a very good one,” Levy told CNBC’s Karen Tso. “I believe that it’s normal that somebody who is working in a country pay the taxes in that country.”\nLevy added: “15% is not excessive it’s a minimum I consider that this is fair and I believe that the G-20 will accept that kind of solution.”\n“As all of those platforms have valuation market cap which are above hundreds of billion — and sometimes trillion — it is important that they contribute to the taxes in the country where they operate.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":156,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371957276,"gmtCreate":1618905731095,"gmtModify":1704716649556,"author":{"id":"3575507353908450","authorId":"3575507353908450","name":"trisnando","avatar":"https://static.tigerbbs.com/a97932ca83eff2802eeb59122aeca88e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575507353908450","authorIdStr":"3575507353908450"},"themes":[],"htmlText":"Like and comment pls","listText":"Like and comment pls","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/371957276","repostId":"2128689062","repostType":4,"repost":{"id":"2128689062","kind":"highlight","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":1618862511,"share":"https://ttm.financial/m/news/2128689062?lang=&edition=fundamental","pubTime":"2021-04-20 04:01","market":"us","language":"en","title":"Wall Street slips off record highs, Tesla drops after fatal crash","url":"https://stock-news.laohu8.com/highlight/detail?id=2128689062","media":"Reuters","summary":"Tesla falls after fatal crash, bitcoin slumpsGameStop shares jump as CEO exitsCoca-Cola rises as revenue beats estimates. NEW YORK, April 19  - U.S. stocks closed lower on Monday, slipping from last week's record levels, as investors awaited guidance from first-quarter earnings to justify high valuations, while Tesla Inc    shares fell after a fatal car crash.The electric-car maker fell after a Tesla vehicle believed to be operating without anyone in the driver's seat crashed into a tree on Satu","content":"<ul><li>Tesla falls after fatal crash, bitcoin slumps</li><li>GameStop shares jump as CEO exits</li><li>Coca-Cola rises as revenue beats estimates</li></ul><p>NEW YORK, April 19 (Reuters) - U.S. stocks closed lower on Monday, slipping from last week's record levels, as investors awaited guidance from first-quarter earnings to justify high valuations, while Tesla Inc    shares fell after a fatal car crash.</p><p>The electric-car maker fell after a Tesla vehicle believed to be operating without anyone in the driver's seat crashed into a tree on Saturday north of Houston, killing two occupants.</p><p>The stock was the biggest drag on the S&amp;P 500    and Nasdaq Composite Index   . An 8.4% drop over the weekend in bitcoin   , in which Tesla has an investment, also weighed on its share price.</p><p>The S&amp;P 500 was mostly lower, with Microsoft Corp   , Amazon.com Inc    and Nvidia Corp    also weighing on the benchmark index as analysts await results this week and next that form the bulk of earnings season.</p><p>Corporate outlooks should indicate to what degree the rally from last year's lows can continue. Analysts expect first-quarter earnings to have grown 30.9% from a year ago, according to Refinitiv IBES data.</p><p>The U.S. economy is poised to boom as consumers hold $2 trillion in savings in excess of what they held before the pandemic, said Doug Peta, chief U.S. investment strategist at BCA Research, adding markets are in pause mode.</p><p>\"If indeed we do keep grinding higher that would be healthy, that would suggest that the grinding higher is sustainable,\" Peta said. \"The pullbacks along the way are healthy.\"</p><p>Nvidia fell after the UK government said it would look into the national security implications of Nvidia's purchase of British chip designer <a href=\"https://laohu8.com/S/ARMH\">ARM Holdings</a>, raising a question mark over the $40 billion deal.</p><p>Coca-Cola Co rose after the beverage maker trounced estimates for quarterly profit and revenue, benefiting from the easing of pandemic curbs and wide vaccine rollouts.</p><p>International Business Machines Corp   , another blue-chip company, slipped ahead of its results due after the market close.</p><p>\"The market has had a huge jump to the upside so it needs to take a little bit of rest,\" said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.</p><p>\"For now it's just a little bit of profit taking as traders await results from big tech names on Wall Street.\"</p><p>Unofficially, the Dow Jones Industrial Average    fell 0.35% to end at 34,082.44 points, while the S&amp;P 500    lost 0.52% to 4,163.64.</p><p>The Nasdaq Composite dropped 0.98% to 13,914.77.</p><p>A recent retreat in benchmark 10-year Treasury yields&nbsp;from 14-month highs has helped high-flying technology stocks to rebound, while strong economic data has lifted the S&amp;P 500 and the Dow to record levels.</p><p>The S&amp;P 500 has gained the past four weeks, its longest winning streak since August 2020.</p><p>GameStop Corp    jumped on the announcement of its chief executive's resignation.</p><p>Crypto stocks including miners Riot Blockchain    and Marathon Digital    each slumped as bitcoin took a hammering.</p><p>Harley-Davidson Inc    jumped after the motorcycle maker raised it full-year forecast for sales growth.</p><p>(Reporting by Shivani Kumaresan and Medha Singh in Bengaluru; Editing by Shounak Dasgupta, Bernard Orr and Richard Chang)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street slips off record highs, Tesla drops after fatal crash</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\">\nWall Street slips off record highs, Tesla drops after fatal crash\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-04-20 04:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul><li>Tesla falls after fatal crash, bitcoin slumps</li><li>GameStop shares jump as CEO exits</li><li>Coca-Cola rises as revenue beats estimates</li></ul><p>NEW YORK, April 19 (Reuters) - U.S. stocks closed lower on Monday, slipping from last week's record levels, as investors awaited guidance from first-quarter earnings to justify high valuations, while Tesla Inc    shares fell after a fatal car crash.</p><p>The electric-car maker fell after a Tesla vehicle believed to be operating without anyone in the driver's seat crashed into a tree on Saturday north of Houston, killing two occupants.</p><p>The stock was the biggest drag on the S&amp;P 500    and Nasdaq Composite Index   . An 8.4% drop over the weekend in bitcoin   , in which Tesla has an investment, also weighed on its share price.</p><p>The S&amp;P 500 was mostly lower, with Microsoft Corp   , Amazon.com Inc    and Nvidia Corp    also weighing on the benchmark index as analysts await results this week and next that form the bulk of earnings season.</p><p>Corporate outlooks should indicate to what degree the rally from last year's lows can continue. Analysts expect first-quarter earnings to have grown 30.9% from a year ago, according to Refinitiv IBES data.</p><p>The U.S. economy is poised to boom as consumers hold $2 trillion in savings in excess of what they held before the pandemic, said Doug Peta, chief U.S. investment strategist at BCA Research, adding markets are in pause mode.</p><p>\"If indeed we do keep grinding higher that would be healthy, that would suggest that the grinding higher is sustainable,\" Peta said. \"The pullbacks along the way are healthy.\"</p><p>Nvidia fell after the UK government said it would look into the national security implications of Nvidia's purchase of British chip designer <a href=\"https://laohu8.com/S/ARMH\">ARM Holdings</a>, raising a question mark over the $40 billion deal.</p><p>Coca-Cola Co rose after the beverage maker trounced estimates for quarterly profit and revenue, benefiting from the easing of pandemic curbs and wide vaccine rollouts.</p><p>International Business Machines Corp   , another blue-chip company, slipped ahead of its results due after the market close.</p><p>\"The market has had a huge jump to the upside so it needs to take a little bit of rest,\" said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.</p><p>\"For now it's just a little bit of profit taking as traders await results from big tech names on Wall Street.\"</p><p>Unofficially, the Dow Jones Industrial Average    fell 0.35% to end at 34,082.44 points, while the S&amp;P 500    lost 0.52% to 4,163.64.</p><p>The Nasdaq Composite dropped 0.98% to 13,914.77.</p><p>A recent retreat in benchmark 10-year Treasury yields&nbsp;from 14-month highs has helped high-flying technology stocks to rebound, while strong economic data has lifted the S&amp;P 500 and the Dow to record levels.</p><p>The S&amp;P 500 has gained the past four weeks, its longest winning streak since August 2020.</p><p>GameStop Corp    jumped on the announcement of its chief executive's resignation.</p><p>Crypto stocks including miners Riot Blockchain    and Marathon Digital    each slumped as bitcoin took a hammering.</p><p>Harley-Davidson Inc    jumped after the motorcycle maker raised it full-year forecast for sales growth.</p><p>(Reporting by Shivani Kumaresan and Medha Singh in Bengaluru; Editing by Shounak Dasgupta, Bernard Orr and Richard Chang)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HOG":"哈雷戴维森","HON":"霍尼韦尔",".IXIC":"NASDAQ Composite","NVDA":"英伟达","NFLX":"奈飞","TSLA":"特斯拉","IBM":"IBM","KO":"可口可乐",".SPX":"S&P 500 Index","GME":"游戏驿站","RIOT":"Riot Platforms","SLB":"斯伦贝谢","MARA":"MARA Holdings","INTC":"英特尔","JNJ":"强生","MSFT":"微软",".DJI":"道琼斯","AMZN":"亚马逊"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2128689062","content_text":"Tesla falls after fatal crash, bitcoin slumpsGameStop shares jump as CEO exitsCoca-Cola rises as revenue beats estimatesNEW YORK, April 19 (Reuters) - U.S. stocks closed lower on Monday, slipping from last week's record levels, as investors awaited guidance from first-quarter earnings to justify high valuations, while Tesla Inc    shares fell after a fatal car crash.The electric-car maker fell after a Tesla vehicle believed to be operating without anyone in the driver's seat crashed into a tree on Saturday north of Houston, killing two occupants.The stock was the biggest drag on the S&P 500    and Nasdaq Composite Index   . An 8.4% drop over the weekend in bitcoin   , in which Tesla has an investment, also weighed on its share price.The S&P 500 was mostly lower, with Microsoft Corp   , Amazon.com Inc    and Nvidia Corp    also weighing on the benchmark index as analysts await results this week and next that form the bulk of earnings season.Corporate outlooks should indicate to what degree the rally from last year's lows can continue. Analysts expect first-quarter earnings to have grown 30.9% from a year ago, according to Refinitiv IBES data.The U.S. economy is poised to boom as consumers hold $2 trillion in savings in excess of what they held before the pandemic, said Doug Peta, chief U.S. investment strategist at BCA Research, adding markets are in pause mode.\"If indeed we do keep grinding higher that would be healthy, that would suggest that the grinding higher is sustainable,\" Peta said. \"The pullbacks along the way are healthy.\"Nvidia fell after the UK government said it would look into the national security implications of Nvidia's purchase of British chip designer ARM Holdings, raising a question mark over the $40 billion deal.Coca-Cola Co rose after the beverage maker trounced estimates for quarterly profit and revenue, benefiting from the easing of pandemic curbs and wide vaccine rollouts.International Business Machines Corp   , another blue-chip company, slipped ahead of its results due after the market close.\"The market has had a huge jump to the upside so it needs to take a little bit of rest,\" said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.\"For now it's just a little bit of profit taking as traders await results from big tech names on Wall Street.\"Unofficially, the Dow Jones Industrial Average    fell 0.35% to end at 34,082.44 points, while the S&P 500    lost 0.52% to 4,163.64.The Nasdaq Composite dropped 0.98% to 13,914.77.A recent retreat in benchmark 10-year Treasury yields from 14-month highs has helped high-flying technology stocks to rebound, while strong economic data has lifted the S&P 500 and the Dow to record levels.The S&P 500 has gained the past four weeks, its longest winning streak since August 2020.GameStop Corp    jumped on the announcement of its chief executive's resignation.Crypto stocks including miners Riot Blockchain    and Marathon Digital    each slumped as bitcoin took a hammering.Harley-Davidson Inc    jumped after the motorcycle maker raised it full-year forecast for sales growth.(Reporting by Shivani Kumaresan and Medha Singh in Bengaluru; Editing by Shounak Dasgupta, Bernard Orr and Richard Chang)","news_type":1},"isVote":1,"tweetType":1,"viewCount":230,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344253824,"gmtCreate":1618411562068,"gmtModify":1704710477781,"author":{"id":"3575507353908450","authorId":"3575507353908450","name":"trisnando","avatar":"https://static.tigerbbs.com/a97932ca83eff2802eeb59122aeca88e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575507353908450","authorIdStr":"3575507353908450"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NET\">$Cloudflare, Inc.(NET)$</a>long","listText":"<a href=\"https://laohu8.com/S/NET\">$Cloudflare, Inc.(NET)$</a>long","text":"$Cloudflare, Inc.(NET)$long","images":[{"img":"https://static.tigerbbs.com/16d0f2a0e71a4f798fedf960b75eeaf8","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/344253824","isVote":1,"tweetType":1,"viewCount":224,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":325591294,"gmtCreate":1615904995218,"gmtModify":1704788291613,"author":{"id":"3575507353908450","authorId":"3575507353908450","name":"trisnando","avatar":"https://static.tigerbbs.com/a97932ca83eff2802eeb59122aeca88e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575507353908450","authorIdStr":"3575507353908450"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NET\">$Cloudflare, Inc.(NET)$</a>gogogo","listText":"<a href=\"https://laohu8.com/S/NET\">$Cloudflare, Inc.(NET)$</a>gogogo","text":"$Cloudflare, Inc.(NET)$gogogo","images":[{"img":"https://static.tigerbbs.com/d59ad532261204a747619ac457ecd6c6","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/325591294","isVote":1,"tweetType":1,"viewCount":25,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":365804060,"gmtCreate":1614720313250,"gmtModify":1704774397308,"author":{"id":"3575507353908450","authorId":"3575507353908450","name":"trisnando","avatar":"https://static.tigerbbs.com/a97932ca83eff2802eeb59122aeca88e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575507353908450","authorIdStr":"3575507353908450"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>fundamentals still strong dou","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>fundamentals still strong dou","text":"$NIO Inc.(NIO)$fundamentals still strong dou","images":[{"img":"https://static.tigerbbs.com/25c8437bcf54a74c0e664041e6b189f7","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/365804060","isVote":1,"tweetType":1,"viewCount":466,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":362427351,"gmtCreate":1614660592673,"gmtModify":1704773673956,"author":{"id":"3575507353908450","authorId":"3575507353908450","name":"trisnando","avatar":"https://static.tigerbbs.com/a97932ca83eff2802eeb59122aeca88e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575507353908450","authorIdStr":"3575507353908450"},"themes":[],"htmlText":"I LOVE CHINA","listText":"I LOVE CHINA","text":"I LOVE CHINA","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/362427351","repostId":"1114312314","repostType":4,"isVote":1,"tweetType":1,"viewCount":59,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187859695,"gmtCreate":1623749953817,"gmtModify":1704210404267,"author":{"id":"3575507353908450","authorId":"3575507353908450","name":"trisnando","avatar":"https://static.tigerbbs.com/a97932ca83eff2802eeb59122aeca88e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575507353908450","authorIdStr":"3575507353908450"},"themes":[],"htmlText":"China stocks good","listText":"China stocks good","text":"China stocks good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187859695","repostId":"2143730319","repostType":4,"repost":{"id":"2143730319","kind":"highlight","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":1623742806,"share":"https://ttm.financial/m/news/2143730319?lang=&edition=fundamental","pubTime":"2021-06-15 15:40","market":"sh","language":"en","title":"China stocks end lower as Sino-West tensions weigh","url":"https://stock-news.laohu8.com/highlight/detail?id=2143730319","media":"Reuters","summary":"SHANGHAI, June 15 (Reuters) - China stocks ended lower on Tuesday, as tensions between Beijing and t","content":"<p>SHANGHAI, June 15 (Reuters) - China stocks ended lower on Tuesday, as tensions between Beijing and the West soured investor sentiment after G7 leaders took the Asian nation to task over a range of issues, which China called a gross interference in the country's internal affairs.</p>\n<p>The blue-chip CSI300 index ended 1.1% lower at 5,166.56, while the Shanghai Composite Index slipped 0.9% to 3,556.56.</p>\n<p>Shares in China's Belt and Road-related companies dropped, after the G7 leaders sought to counter China's growing influence by offering developing nations an infrastructure plan that could rival President Xi Jinping's multi-trillion-dollar Belt and Road initiative.</p>\n<p>Among the worst performing sectors, the CSI300 Real Estate Index and the CSI A-share resource industries slumped 2.5% and 2.6%, respectively.</p>\n<p>Shares of developers retreated after state media warned speculators that China's housing prices would inevitably enter a cycle of slow growth.</p>\n<p>This round of real-estate regulations have entered into an in-depth stage and the (market) would be dampened to some extent for the short term, the China Real Estate Business said in an article titled \"It's time for house speculators to give up illusions\".</p>\n<p>Money inflows from institutional investors had been limited in the past weeks, while foreign inflows via the Stock Connect slowed, CITIC Securities noted in a report.</p>\n<p>Investors via the Stock Connect linking mainland and Hong Kong sold a net 2.5 billion yuan ($390.52 million) worth of A-shares on Tuesday, according to Refinitiv data.</p>\n<p>($1 = 6.4018 Chinese yuan)</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>China stocks end lower as Sino-West tensions weigh</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\">\nChina stocks end lower as Sino-West tensions weigh\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\">2021-06-15 15:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SHANGHAI, June 15 (Reuters) - China stocks ended lower on Tuesday, as tensions between Beijing and the West soured investor sentiment after G7 leaders took the Asian nation to task over a range of issues, which China called a gross interference in the country's internal affairs.</p>\n<p>The blue-chip CSI300 index ended 1.1% lower at 5,166.56, while the Shanghai Composite Index slipped 0.9% to 3,556.56.</p>\n<p>Shares in China's Belt and Road-related companies dropped, after the G7 leaders sought to counter China's growing influence by offering developing nations an infrastructure plan that could rival President Xi Jinping's multi-trillion-dollar Belt and Road initiative.</p>\n<p>Among the worst performing sectors, the CSI300 Real Estate Index and the CSI A-share resource industries slumped 2.5% and 2.6%, respectively.</p>\n<p>Shares of developers retreated after state media warned speculators that China's housing prices would inevitably enter a cycle of slow growth.</p>\n<p>This round of real-estate regulations have entered into an in-depth stage and the (market) would be dampened to some extent for the short term, the China Real Estate Business said in an article titled \"It's time for house speculators to give up illusions\".</p>\n<p>Money inflows from institutional investors had been limited in the past weeks, while foreign inflows via the Stock Connect slowed, CITIC Securities noted in a report.</p>\n<p>Investors via the Stock Connect linking mainland and Hong Kong sold a net 2.5 billion yuan ($390.52 million) worth of A-shares on Tuesday, according to Refinitiv data.</p>\n<p>($1 = 6.4018 Chinese yuan)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"399001":"深证成指","399006":"创业板指","000001.SH":"上证指数"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143730319","content_text":"SHANGHAI, June 15 (Reuters) - China stocks ended lower on Tuesday, as tensions between Beijing and the West soured investor sentiment after G7 leaders took the Asian nation to task over a range of issues, which China called a gross interference in the country's internal affairs.\nThe blue-chip CSI300 index ended 1.1% lower at 5,166.56, while the Shanghai Composite Index slipped 0.9% to 3,556.56.\nShares in China's Belt and Road-related companies dropped, after the G7 leaders sought to counter China's growing influence by offering developing nations an infrastructure plan that could rival President Xi Jinping's multi-trillion-dollar Belt and Road initiative.\nAmong the worst performing sectors, the CSI300 Real Estate Index and the CSI A-share resource industries slumped 2.5% and 2.6%, respectively.\nShares of developers retreated after state media warned speculators that China's housing prices would inevitably enter a cycle of slow growth.\nThis round of real-estate regulations have entered into an in-depth stage and the (market) would be dampened to some extent for the short term, the China Real Estate Business said in an article titled \"It's time for house speculators to give up illusions\".\nMoney inflows from institutional investors had been limited in the past weeks, while foreign inflows via the Stock Connect slowed, CITIC Securities noted in a report.\nInvestors via the Stock Connect linking mainland and Hong Kong sold a net 2.5 billion yuan ($390.52 million) worth of A-shares on Tuesday, according to Refinitiv data.\n($1 = 6.4018 Chinese yuan)","news_type":1},"isVote":1,"tweetType":1,"viewCount":114,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187824804,"gmtCreate":1623749834608,"gmtModify":1704210399849,"author":{"id":"3575507353908450","authorId":"3575507353908450","name":"trisnando","avatar":"https://static.tigerbbs.com/a97932ca83eff2802eeb59122aeca88e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575507353908450","authorIdStr":"3575507353908450"},"themes":[],"htmlText":"Amd is better","listText":"Amd is better","text":"Amd is better","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187824804","repostId":"1130157766","repostType":4,"repost":{"id":"1130157766","kind":"news","pubTimestamp":1623743342,"share":"https://ttm.financial/m/news/1130157766?lang=&edition=fundamental","pubTime":"2021-06-15 15:49","market":"us","language":"en","title":"Nvidia's Crypto Concerns Are Cancelled, Gaming To Reign Supreme","url":"https://stock-news.laohu8.com/highlight/detail?id=1130157766","media":"seekingalpha","summary":"Summary\n\nNvidia's massive FQ2 guidance raise brings bears (back) to the crypto talking point.\nBut if","content":"<p><b>Summary</b></p>\n<ul>\n <li>Nvidia's massive FQ2 guidance raise brings bears (back) to the crypto talking point.</li>\n <li>But if they move to crypto, they admit RTX 3000 series cards have been selling in droves - negating any paper launch theories.</li>\n <li>Management, though, is now becoming much more transparent with crypto revenue as it dives directly into the growing market.</li>\n <li>The market can now assess the at-risk revenue and understand the risk-adjusted return for Nvidia, which is why the stock has risen in the face of growing crypto revenue.</li>\n <li>There won't be any cannibalizing of Gaming division revenue as gamers will now take up the slack with RTX 30XX making up less than 4% of the market.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/00e894af87a4cdb30b9a1f647d2ee42d\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>StefaNikolic/E+ via Getty Images</span></p>\n<p>Another record quarter was put on the table just over two weeks ago when Nvidia (NVDA) announced even better revenue than even it anticipated&nbsp;in a late quarter update. But the guide was even more out of this world, showing analysts they're way off base in their models. This is causing the bears to move from one argument to another as each gets debunked through raw financial numbers. But now they're walking into a crypto debate where the bulls have more transparency and data on their side than any other time. Unfortunately, the crypto bear thesis is not the one to take this time around. Gaming revenue growth will not slow as there's a huge RTX 3000 series opportunity with less than 4% of the GPU market share, just as supply receives a much-needed reprieve with crypto migrating to a new SKU altogether. The market appreciates the mitigated risk with crypto revenue transparency, allowing the stock to sustain a premium valuation.</p>\n<p><b>Paper Launch, Remember?</b></p>\n<p>At first, the bears postulated the RTX 3000 series debut was a paper launch because there was such limited supply. Gamers across the internet were up in arms because so few cards could be bought, sold out everywhere. Limited supply has continued to plague the 3000 series since then.</p>\n<p>But Gaming revenue has gone from $1.65B before the RTX 3000 launch to $2.76B in the latest quarter, causing this bear talking point to fade over the last several months.</p>\n<p>If the 3000 cards were so limited in supply, what accounts for the consistent monstrous quarter-over-quarter growth in the Gaming division?</p>\n<p>Ah, I'm glad you asked.</p>\n<p>It's clearly the selling of more than just a few (paper) RTX 3000 cards.</p>\n<p><b>Crypto Is The Talking Point, Again</b></p>\n<p>That question brings us to the latest bear talking point - crypto. If the bears move to this point, they have given up on the paper launch argument. That's because to mine crypto, you need a powerful GPU, and that powerful GPU is an RTX 3000 series card. So either there are very few 3000 series being sold (paper launch) - which doesn't allow a crypto bubble to be an issue - or there are indeed enough 3000 cards to meaningfully show up on the top line and debate how much is due to crypto-related sales.</p>\n<p>But the crypto debate is much harder to prove for either side. Historically it has been a bit of a closed box in terms of what cards have been sold to crypto miners and which ones have gotten into \"real\" gamers' hands. The bears can point to this and say that whatever RTX 3000 series cards have been sold over the last several months were for crypto mining.</p>\n<p>And you might be wondering, \"Why is this a big deal? Revenue is revenue, regardless of who's buying the card.\"</p>\n<p>This might be true if it wasn't for the volatile nature of the cryptocurrency world. Mining crypto is a profitability equation of how high the hash rate of a processor is (how fast it can complete the crypto calculations on the blockchain to receive a reward) and how much that particular crypto is worth on the market. The higher the crypto price, the higher the incentive to mine (the reward is bigger in pure dollar terms).</p>\n<p>But in 2018, after the \"crypto bubble\" deflated when the price of Bitcoin (BTC-USD) and Ethereum (ETH-USD) plummeted 85% from then all-time highs, Nvidia's revenue took a hit. Suddenly the cards of 2018 were not profitable to mine at depressed prices. It appeared a lot of the Gaming division sales were tied to crypto, or at least enough to knock growth off-kilter. As a result, the company experienced negative top-line growth throughout the following year.</p>\n<p>This is why the word crypto spoken by management, along with the crypto volatility with Bitcoin and Ethereum 50% off the latest all-time highs, brings a shiver down the market's spine.</p>\n<p>It sees 2018 playing out all over again.</p>\n<p><b>Facing The Crypto Thesis Head On</b></p>\n<p>However, bulls have more data over the last two quarters than they did in the 2018 crypt bust, with the strongest talking point to date coming just a few weeks ago. That point is the new RTX 3000 SKUs which will physically limit the hash rate of the cards, deterring miners from buying cards and opening up supply to gamers for typical GPU use.</p>\n<p>But if crypto is a major part of Gaming division revenue and the company is going to hardware limit the hash rates to make them unprofitable to mine crypto, future Gaming revenue will undoubtedly suffer.</p>\n<p>Right?</p>\n<p>Apparently not; guidance isn't telling us that story. With the current quarter running from May through July and the&nbsp;new \"hash lite\" RTX cards shipping at the end of May, guidance was still $6.3B in revenue versus The Street consensus of $5.48B.</p>\n<p>The hidden gem in the guide was the additional data bulls have needed for some time: a breakdown of revenue from CMPs (crypto mining processors). The company created CMPs to serve the industrial crypto mining community to provide better performance (by focusing processing power specifically on hashing and removing graphic rendering capabilities) and separate the supply between miners and gamers. This works to benefit investors as this breakdown of revenue allows for better risk analysis of overall revenue.</p>\n<p>And that is the key to the crypto cycle this time around.</p>\n<p>The&nbsp;guide for FQ2 included $400M of revenue for CMP products&nbsp;(as shown under the OEM/Other category). You might see this as a huge risk (relative to overall revenue), but this has now made the risk a solid number. Before this CMP breakdown, the market and analysts had to rely on rough estimates based in wide ranges to understand how much the Gaming division had downside risk built into it due to crypto.</p>\n<p>Why has the market responded positively to the expected 158% quarter-over-quarter growth, which follows 114% sequential growth in the just reported quarter for CMP? Because the market can assess the risk to the downside now - uncertainty has been mitigated.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/10c92c645e86c40c1af4be579b56fab8\" tg-width=\"635\" tg-height=\"403\"><span>Data byYCharts</span></p>\n<p>The market knows $400M is the mark now. The rest of the divisions are more understood, and channel checks are more accurate there. The question mark has been crypto, and the company is now being the most transparent about it.</p>\n<p><b>Outlook For Gaming</b></p>\n<p>This then begs the question: how much will be cannibalized from the Gaming division?</p>\n<p>Not much if we continue doing the math on the FQ2 guide. After backing out the $400M of CMP sales, we're left with a guide of $5.9B. That's still $420M of outperformance analysts didn't account for, while the Gaming division will technically see two \"hits\" to its growth, each for the same reason. Not only is there a separate product line for crypto, but the RTX cards will also have their inherent mining performance throttled. This should provide no reason to continue using RTX cards as the best value for mining (relatively cheap compared to ASICs with still profitable processing power).</p>\n<p>Of course, not all of the $420M guidance raise is for Gaming. Still, considering it's the largest division with 48% of revenue in the last quarter, it stands that analysts will meaningfully raise estimates for the Gaming division.</p>\n<p>But then, where's the Gaming growth coming from in the quarters ahead?</p>\n<p>Gamers will be the clear demand driver now. Supply should now make its way toward the gamers who have been trying to get a 3000 series card for the last eight months. You don't have to Google very much to find folks still patiently - and impatiently - waiting for their 3000 series card.</p>\n<p>There's a huge runway for upgrades from prior RTX cards and GTX cards as the market penetration of RTX 30XX cards is still less than 4%, around 3.64%, according to Steam's monthly hardware survey. And that's growing each month since January across the SKU board. This compares to the current gamer market share of all other Nvidia cards of 68.6%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/828d8670b5f989162d31b002ead58ab0\" tg-width=\"640\" tg-height=\"109\"><span>(Source:Steam Hardware Survey)</span></p>\n<p>And if you're concerned about the lack of upgrades from RTX 20XX cards since they're only one generation behind, the non-RTX portion of the market makes up 55.11%. So there's a huge greenfield for upgrades to the 3000 series ahead with supply opening up to the real gamers.</p>\n<p><b>Outperformance To Continue</b></p>\n<p>Management has been tackling the market's concerns head-on, contrary to 2018. It has been able to capitalize on a strained crypto market because its GPU-based CMP processors are above and beyond anything anyone has ever produced. This time it did it correctly with much better transparency - the market appreciates the calculated risk.</p>\n<p>There's still further bullishness as Nvidia enters a crypto market dominated by ASICs, which tend to have very limited supply and very long lead times. Nvidia is capitalizing on the market using its larger contract position with fabs like Taiwan Semiconductor (TSM) and Samsung (OTC:SSNLF)(OTC:SSNNF) to produce competitive mining processors.</p>\n<p>Eventually, the transition of Ethereum (ETH-USD) to proof-of-stake from proof-of-work may serve as a headwind rather than a tailwind. Still, this risk is much further out as not only will the transition start in early 2022, but miners are expected to remain on the network&nbsp;for at least a year after the transition.</p>\n<p>It comes down to this: if the market has the data it needs to calculate the at-risk revenue easily, the market won't be as skittish to value Nvidia at the multiples it has grown to. Add in the huge upside to revenue for FQ2 with gamers now able to dive into the consumer market more fully, and you have a continuation for the Gaming division to outperform through at least year-end, if not well into 2022. For a long-term shareholder, there are further returns ahead for the stock.</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>Nvidia's Crypto Concerns Are Cancelled, Gaming To Reign Supreme</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia's Crypto Concerns Are Cancelled, Gaming To Reign Supreme\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 15:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4434754-nvidias-crypto-concerns-are-cancelled-gaming-to-reign-supreme><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nNvidia's massive FQ2 guidance raise brings bears (back) to the crypto talking point.\nBut if they move to crypto, they admit RTX 3000 series cards have been selling in droves - negating any ...</p>\n\n<a href=\"https://seekingalpha.com/article/4434754-nvidias-crypto-concerns-are-cancelled-gaming-to-reign-supreme\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://seekingalpha.com/article/4434754-nvidias-crypto-concerns-are-cancelled-gaming-to-reign-supreme","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130157766","content_text":"Summary\n\nNvidia's massive FQ2 guidance raise brings bears (back) to the crypto talking point.\nBut if they move to crypto, they admit RTX 3000 series cards have been selling in droves - negating any paper launch theories.\nManagement, though, is now becoming much more transparent with crypto revenue as it dives directly into the growing market.\nThe market can now assess the at-risk revenue and understand the risk-adjusted return for Nvidia, which is why the stock has risen in the face of growing crypto revenue.\nThere won't be any cannibalizing of Gaming division revenue as gamers will now take up the slack with RTX 30XX making up less than 4% of the market.\n\nStefaNikolic/E+ via Getty Images\nAnother record quarter was put on the table just over two weeks ago when Nvidia (NVDA) announced even better revenue than even it anticipated in a late quarter update. But the guide was even more out of this world, showing analysts they're way off base in their models. This is causing the bears to move from one argument to another as each gets debunked through raw financial numbers. But now they're walking into a crypto debate where the bulls have more transparency and data on their side than any other time. Unfortunately, the crypto bear thesis is not the one to take this time around. Gaming revenue growth will not slow as there's a huge RTX 3000 series opportunity with less than 4% of the GPU market share, just as supply receives a much-needed reprieve with crypto migrating to a new SKU altogether. The market appreciates the mitigated risk with crypto revenue transparency, allowing the stock to sustain a premium valuation.\nPaper Launch, Remember?\nAt first, the bears postulated the RTX 3000 series debut was a paper launch because there was such limited supply. Gamers across the internet were up in arms because so few cards could be bought, sold out everywhere. Limited supply has continued to plague the 3000 series since then.\nBut Gaming revenue has gone from $1.65B before the RTX 3000 launch to $2.76B in the latest quarter, causing this bear talking point to fade over the last several months.\nIf the 3000 cards were so limited in supply, what accounts for the consistent monstrous quarter-over-quarter growth in the Gaming division?\nAh, I'm glad you asked.\nIt's clearly the selling of more than just a few (paper) RTX 3000 cards.\nCrypto Is The Talking Point, Again\nThat question brings us to the latest bear talking point - crypto. If the bears move to this point, they have given up on the paper launch argument. That's because to mine crypto, you need a powerful GPU, and that powerful GPU is an RTX 3000 series card. So either there are very few 3000 series being sold (paper launch) - which doesn't allow a crypto bubble to be an issue - or there are indeed enough 3000 cards to meaningfully show up on the top line and debate how much is due to crypto-related sales.\nBut the crypto debate is much harder to prove for either side. Historically it has been a bit of a closed box in terms of what cards have been sold to crypto miners and which ones have gotten into \"real\" gamers' hands. The bears can point to this and say that whatever RTX 3000 series cards have been sold over the last several months were for crypto mining.\nAnd you might be wondering, \"Why is this a big deal? Revenue is revenue, regardless of who's buying the card.\"\nThis might be true if it wasn't for the volatile nature of the cryptocurrency world. Mining crypto is a profitability equation of how high the hash rate of a processor is (how fast it can complete the crypto calculations on the blockchain to receive a reward) and how much that particular crypto is worth on the market. The higher the crypto price, the higher the incentive to mine (the reward is bigger in pure dollar terms).\nBut in 2018, after the \"crypto bubble\" deflated when the price of Bitcoin (BTC-USD) and Ethereum (ETH-USD) plummeted 85% from then all-time highs, Nvidia's revenue took a hit. Suddenly the cards of 2018 were not profitable to mine at depressed prices. It appeared a lot of the Gaming division sales were tied to crypto, or at least enough to knock growth off-kilter. As a result, the company experienced negative top-line growth throughout the following year.\nThis is why the word crypto spoken by management, along with the crypto volatility with Bitcoin and Ethereum 50% off the latest all-time highs, brings a shiver down the market's spine.\nIt sees 2018 playing out all over again.\nFacing The Crypto Thesis Head On\nHowever, bulls have more data over the last two quarters than they did in the 2018 crypt bust, with the strongest talking point to date coming just a few weeks ago. That point is the new RTX 3000 SKUs which will physically limit the hash rate of the cards, deterring miners from buying cards and opening up supply to gamers for typical GPU use.\nBut if crypto is a major part of Gaming division revenue and the company is going to hardware limit the hash rates to make them unprofitable to mine crypto, future Gaming revenue will undoubtedly suffer.\nRight?\nApparently not; guidance isn't telling us that story. With the current quarter running from May through July and the new \"hash lite\" RTX cards shipping at the end of May, guidance was still $6.3B in revenue versus The Street consensus of $5.48B.\nThe hidden gem in the guide was the additional data bulls have needed for some time: a breakdown of revenue from CMPs (crypto mining processors). The company created CMPs to serve the industrial crypto mining community to provide better performance (by focusing processing power specifically on hashing and removing graphic rendering capabilities) and separate the supply between miners and gamers. This works to benefit investors as this breakdown of revenue allows for better risk analysis of overall revenue.\nAnd that is the key to the crypto cycle this time around.\nThe guide for FQ2 included $400M of revenue for CMP products (as shown under the OEM/Other category). You might see this as a huge risk (relative to overall revenue), but this has now made the risk a solid number. Before this CMP breakdown, the market and analysts had to rely on rough estimates based in wide ranges to understand how much the Gaming division had downside risk built into it due to crypto.\nWhy has the market responded positively to the expected 158% quarter-over-quarter growth, which follows 114% sequential growth in the just reported quarter for CMP? Because the market can assess the risk to the downside now - uncertainty has been mitigated.\nData byYCharts\nThe market knows $400M is the mark now. The rest of the divisions are more understood, and channel checks are more accurate there. The question mark has been crypto, and the company is now being the most transparent about it.\nOutlook For Gaming\nThis then begs the question: how much will be cannibalized from the Gaming division?\nNot much if we continue doing the math on the FQ2 guide. After backing out the $400M of CMP sales, we're left with a guide of $5.9B. That's still $420M of outperformance analysts didn't account for, while the Gaming division will technically see two \"hits\" to its growth, each for the same reason. Not only is there a separate product line for crypto, but the RTX cards will also have their inherent mining performance throttled. This should provide no reason to continue using RTX cards as the best value for mining (relatively cheap compared to ASICs with still profitable processing power).\nOf course, not all of the $420M guidance raise is for Gaming. Still, considering it's the largest division with 48% of revenue in the last quarter, it stands that analysts will meaningfully raise estimates for the Gaming division.\nBut then, where's the Gaming growth coming from in the quarters ahead?\nGamers will be the clear demand driver now. Supply should now make its way toward the gamers who have been trying to get a 3000 series card for the last eight months. You don't have to Google very much to find folks still patiently - and impatiently - waiting for their 3000 series card.\nThere's a huge runway for upgrades from prior RTX cards and GTX cards as the market penetration of RTX 30XX cards is still less than 4%, around 3.64%, according to Steam's monthly hardware survey. And that's growing each month since January across the SKU board. This compares to the current gamer market share of all other Nvidia cards of 68.6%.\n(Source:Steam Hardware Survey)\nAnd if you're concerned about the lack of upgrades from RTX 20XX cards since they're only one generation behind, the non-RTX portion of the market makes up 55.11%. So there's a huge greenfield for upgrades to the 3000 series ahead with supply opening up to the real gamers.\nOutperformance To Continue\nManagement has been tackling the market's concerns head-on, contrary to 2018. It has been able to capitalize on a strained crypto market because its GPU-based CMP processors are above and beyond anything anyone has ever produced. This time it did it correctly with much better transparency - the market appreciates the calculated risk.\nThere's still further bullishness as Nvidia enters a crypto market dominated by ASICs, which tend to have very limited supply and very long lead times. Nvidia is capitalizing on the market using its larger contract position with fabs like Taiwan Semiconductor (TSM) and Samsung (OTC:SSNLF)(OTC:SSNNF) to produce competitive mining processors.\nEventually, the transition of Ethereum (ETH-USD) to proof-of-stake from proof-of-work may serve as a headwind rather than a tailwind. Still, this risk is much further out as not only will the transition start in early 2022, but miners are expected to remain on the network for at least a year after the transition.\nIt comes down to this: if the market has the data it needs to calculate the at-risk revenue easily, the market won't be as skittish to value Nvidia at the multiples it has grown to. Add in the huge upside to revenue for FQ2 with gamers now able to dive into the consumer market more fully, and you have a continuation for the Gaming division to outperform through at least year-end, if not well into 2022. For a long-term shareholder, there are further returns ahead for the stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":333,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187826004,"gmtCreate":1623749759108,"gmtModify":1704210395131,"author":{"id":"3575507353908450","authorId":"3575507353908450","name":"trisnando","avatar":"https://static.tigerbbs.com/a97932ca83eff2802eeb59122aeca88e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575507353908450","authorIdStr":"3575507353908450"},"themes":[],"htmlText":"Growth stonks","listText":"Growth stonks","text":"Growth stonks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/187826004","repostId":"1126566204","repostType":4,"repost":{"id":"1126566204","kind":"news","pubTimestamp":1623746520,"share":"https://ttm.financial/m/news/1126566204?lang=&edition=fundamental","pubTime":"2021-06-15 16:42","market":"us","language":"en","title":"Treasury yields fall despite investor anticipation over Fed meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=1126566204","media":"cnbc","summary":"KEY POINTS\n\nThe Federal Open Market Committee’s two-day monetary policy meeting kicks off on Tuesday","content":"<div>\n<p>KEY POINTS\n\nThe Federal Open Market Committee’s two-day monetary policy meeting kicks off on Tuesday.\nThe May Producer Price Index is expected to be released at 8:30 a.m. ET.\n\nTreasury yields fell on ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/15/us-bonds-treasury-yields-fall-ahead-of-fed-meeting.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>Treasury yields fall despite investor anticipation over Fed meeting</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\">\nTreasury yields fall despite investor anticipation over Fed meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 16:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/15/us-bonds-treasury-yields-fall-ahead-of-fed-meeting.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe Federal Open Market Committee’s two-day monetary policy meeting kicks off on Tuesday.\nThe May Producer Price Index is expected to be released at 8:30 a.m. ET.\n\nTreasury yields fell on ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/15/us-bonds-treasury-yields-fall-ahead-of-fed-meeting.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/06/15/us-bonds-treasury-yields-fall-ahead-of-fed-meeting.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1126566204","content_text":"KEY POINTS\n\nThe Federal Open Market Committee’s two-day monetary policy meeting kicks off on Tuesday.\nThe May Producer Price Index is expected to be released at 8:30 a.m. ET.\n\nTreasury yields fell on Tuesday morning, despite anticipation over what the Federal Reserve will say in its two-day policy meeting, which kicks off later in the day.\nThe yield on the benchmark10-year Treasury notefell less than a basis point to 1.484% at 4 a.m. ET. The yield on the30-year Treasury bonddipped to 2.176%. Yields move inversely to prices.\nThe Federal Open Market Committee’s two-day policy meeting wraps up on Wednesday afternoon, followed by a press conference with Fed Chairman Jerome Powell.\nThe Fed is not expected to take any action in its meeting, though investors will be listening to Powell’s comments closely for any signals of the central bank’s eventual asset purchase tapering plans.\nTiffany Wilding, U.S. economist at PIMCO, said on Monday that the investment management firm expected the Fed to upgrade its outlook for growth and “materially revise up the inflation forecast” in its meeting.\n“As a result of the better growth outlook, and despite the transitory nature of the inflation spike, we think the majority of Fed officials will also pull forward their projections for the first rate hike to 2023,” Wilding said, compared to a forecasted rate hike in March 2024.\nWilding added that PIMCO’s base case remained that the Fed would announce a tapering of bond purchases at its December meeting. However, she said that Powell could float the idea that the Fed might consider the possibility of tapering in September, if “inflation is more persistent than expected.”\nIn terms of data due out on Tuesday, May's Producer Price Index is expected to be released at 8:30 a.m. ET. PPI is another inflation gauge, measuring the prices paid to producers rather than on a consumer level.\nThe overall index is expected to rise 0.5% in May, according to Dow Jones estimates. The core PPI — which excludes volatile items like foods, energy and trade services — is also estimated to increase 0.5%.\nRetail sales data for May is also due to be released at 8:30 a.m. ET, along with the NY Empire State manufacturing index for June. Industrial production data for May is then expected to come out at 9:15 a.m. ET.\nThe National Association of Home Builders' housing market index for June is due out at 10 a.m. ET.\nAuctions are due to be held on Tuesday for $34 billion of 52-week bills, $40 billion of 42-week bills and $24 billion of 20-year bonds.","news_type":1},"isVote":1,"tweetType":1,"viewCount":31,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}