Rachael Lee personal page - To The Moon

Rachael Lee

Rachael Lee

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2021-03-11

Pls like & comment

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2021-03-11

Please like and comment

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2021-03-12

Interesting

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2021-03-12

I don't play game, hahaha

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2021-03-11

Thanks for sharing

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2021-03-16

Looking forward

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2021-03-16

Looks great

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2021-03-11

Got hope?

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2021-03-10

Good

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2021-03-09

How?

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Go to Tiger App to see more news

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Ltd.</b>&nbsp;OTCSSNLFaccounted for at least 60% of the top 25 5G smartphones that were ranked based on their average 5G or 4G download speeds. Samsung’s new Galaxy S21 5G, powered by&nbsp;<b>Qualcomm Inc.</b>&nbsp;Snapdragon 888, took the top spot with an average download speed of 56 Mbps.</p><p><b>TCL Electronics Holdings Limited’s</b>&nbsp;&nbsp;Revvl 5G and the OnePlus 8T+ took the second and third spots, with download speeds of 49.8 Mbps and 49.3 Mbps, respectively. The LG Velvet 5G was in 25th place with a download speed of 37.8 Mbps.</p><p>In comparison, the iPhone 12 Pro and iPhone 12 Pro Max had average download speeds of 36.9 and 36.2 Mbps, while the iPhone 12 and iPhone 12 mini clocked speeds of 29.6 and 32.9 Mbps, respectively.</p><p>However, the Apple devices had overall download speeds 2.3 times faster than their 4G iPhone counterparts that used older Intel modems, according to the report. In addition, the average download speeds on the 5G iPhone Pro models are 36% faster than the speeds on the most recent cellular iPad Pro models that are limited to 4G.</p><p><b>Why It Matters:</b>&nbsp;While the iPhone 12 models have been successful for Apple and helped the tech giant toreportbetter-than-expected first-quarter results earlier this year, the lineup’sbattery performancehas also fallen short.</p><p>The iPhone 12 is Apple’s first 5G device, while Samsung’s smartphones are the third generation of 5G devices.</p><p><b>Price Action:</b>&nbsp;Apple shares closed almost 2.5% higher on Monday at $123.99.</p>","source":"lsy1606299360108","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's iPhone 12, iPhone 12 Pro Trail Android Rivals In 5G Speeds: Report</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's iPhone 12, iPhone 12 Pro Trail Android Rivals In 5G Speeds: Report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-16 17:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/21/03/20182901/apples-iphone-12-iphone-12-pro-trail-android-rivals-in-5g-speeds-report><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple Inc.’s  iPhone 12 lineup continues to lag behind its Android-based rivals in terms of 5G performance, according to a report from Opensignal.What Happened: Apple’s first-ever 5 G-enabled ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/03/20182901/apples-iphone-12-iphone-12-pro-trail-android-rivals-in-5g-speeds-report\">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"},"source_url":"https://www.benzinga.com/news/21/03/20182901/apples-iphone-12-iphone-12-pro-trail-android-rivals-in-5g-speeds-report","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163228495","content_text":"Apple Inc.’s  iPhone 12 lineup continues to lag behind its Android-based rivals in terms of 5G performance, according to a report from Opensignal.What Happened: Apple’s first-ever 5 G-enabled smartphones are ranked lower than at least 25 smartphones runningAlphabet Inc.’sGOOGGOOGLAndroid operating system for overall download speed, as per the report.Samsung Electronics Co. Ltd. OTCSSNLFaccounted for at least 60% of the top 25 5G smartphones that were ranked based on their average 5G or 4G download speeds. Samsung’s new Galaxy S21 5G, powered by Qualcomm Inc. Snapdragon 888, took the top spot with an average download speed of 56 Mbps.TCL Electronics Holdings Limited’s  Revvl 5G and the OnePlus 8T+ took the second and third spots, with download speeds of 49.8 Mbps and 49.3 Mbps, respectively. The LG Velvet 5G was in 25th place with a download speed of 37.8 Mbps.In comparison, the iPhone 12 Pro and iPhone 12 Pro Max had average download speeds of 36.9 and 36.2 Mbps, while the iPhone 12 and iPhone 12 mini clocked speeds of 29.6 and 32.9 Mbps, respectively.However, the Apple devices had overall download speeds 2.3 times faster than their 4G iPhone counterparts that used older Intel modems, according to the report. In addition, the average download speeds on the 5G iPhone Pro models are 36% faster than the speeds on the most recent cellular iPad Pro models that are limited to 4G.Why It Matters: While the iPhone 12 models have been successful for Apple and helped the tech giant toreportbetter-than-expected first-quarter results earlier this year, the lineup’sbattery performancehas also fallen short.The iPhone 12 is Apple’s first 5G device, while Samsung’s smartphones are the third generation of 5G devices.Price Action: Apple shares closed almost 2.5% higher on Monday at $123.99.","news_type":1},"isVote":1,"tweetType":1,"viewCount":293,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":325862673,"gmtCreate":1615887059892,"gmtModify":1704787941187,"author":{"id":"3576648722811020","authorId":"3576648722811020","authorIdStr":"3576648722811020","name":"Rachael Lee","avatar":"https://static.tigerbbs.com/3b648156dc1928fb5287be1c64cfae97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576648722811020"},"themes":[],"htmlText":"Looks great","listText":"Looks great","text":"Looks great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/325862673","repostId":"1165415491","repostType":4,"repost":{"id":"1165415491","pubTimestamp":1615885573,"share":"https://ttm.financial/m/news/1165415491?lang=&edition=fundamental","pubTime":"2021-03-16 17:06","market":"us","language":"en","title":"Tilray Stock Trades Green: Technical Levels To Watch","url":"https://stock-news.laohu8.com/highlight/detail?id=1165415491","media":"Benzing","summary":"Tilray Inc.(NASDAQ:TLRY) shares jumped Monday after the company announced it willhold a meetingto ap","content":"<p><b>Tilray Inc.</b>(NASDAQ:TLRY) shares jumped Monday after the company announced it willhold a meetingto approve the proposed Tilray-<b>Aphria Inc</b>(NASDAQ:APHA) business combination.</p>\n<p>The meeting will be held Friday, April 16.</p>\n<p><img src=\"https://static.tigerbbs.com/7cb18e341dafe73fdbeee25658dd48f3\" tg-width=\"1233\" tg-height=\"697\"><b>Tilray Technical Levels To Watch:</b>The short-term, 5-minute chart above has what looks to be an ascending triangle pattern that was broken out of Monday.</p>\n<p>This triangle pattern showed higher lows building up to a resistance level of $29. This level was broken and now may hold as a potential support level in the future.</p>\n<p>The stock has also been holding the 200-day moving average (blue) and VWAP (pink) as support. As long as those levels are held, the stock may still be considered bullish on the day.</p>\n<p>Short-term bullish traders may like to see the stock consolidate with a retest of resistance now as support before a further upward&nbsp;move. The bears would like to see the stock stop forming higher lows and fail when attempting to retest the $29 area as support.</p>\n<p><img src=\"https://static.tigerbbs.com/47eb87c9b3286fecfe3618f24710f9ce\" tg-width=\"1242\" tg-height=\"695\">The daily chart shows the stock has been trading in a channel. The support level at the $20 mark comes from old resistance levels that were retested as support and were able to hold. The resistance from previous highs seems to be near the $35 level.</p>\n<p>Bulls would like to see the resistance level break with some consolidation before the price may go higher up.</p>\n<p>Bears would like to see the opposite occur with a support level break and consolidation before the price may go lower.</p>\n<p>Tilray is trading with a market cap of $4.8 billion and a public float of 143.8 million shares.</p>","source":"lsy1606299360108","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>Tilray Stock Trades Green: Technical Levels To Watch</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\">\nTilray Stock Trades Green: Technical Levels To Watch\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-16 17:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/cannabis/21/03/20175743/tilray-stock-trades-green-technical-levels-to-watch><strong>Benzing</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tilray Inc.(NASDAQ:TLRY) shares jumped Monday after the company announced it willhold a meetingto approve the proposed Tilray-Aphria Inc(NASDAQ:APHA) business combination.\nThe meeting will be held ...</p>\n\n<a href=\"https://www.benzinga.com/markets/cannabis/21/03/20175743/tilray-stock-trades-green-technical-levels-to-watch\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TLRY":"Tilray Inc."},"source_url":"https://www.benzinga.com/markets/cannabis/21/03/20175743/tilray-stock-trades-green-technical-levels-to-watch","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165415491","content_text":"Tilray Inc.(NASDAQ:TLRY) shares jumped Monday after the company announced it willhold a meetingto approve the proposed Tilray-Aphria Inc(NASDAQ:APHA) business combination.\nThe meeting will be held Friday, April 16.\nTilray Technical Levels To Watch:The short-term, 5-minute chart above has what looks to be an ascending triangle pattern that was broken out of Monday.\nThis triangle pattern showed higher lows building up to a resistance level of $29. This level was broken and now may hold as a potential support level in the future.\nThe stock has also been holding the 200-day moving average (blue) and VWAP (pink) as support. As long as those levels are held, the stock may still be considered bullish on the day.\nShort-term bullish traders may like to see the stock consolidate with a retest of resistance now as support before a further upward move. The bears would like to see the stock stop forming higher lows and fail when attempting to retest the $29 area as support.\nThe daily chart shows the stock has been trading in a channel. The support level at the $20 mark comes from old resistance levels that were retested as support and were able to hold. The resistance from previous highs seems to be near the $35 level.\nBulls would like to see the resistance level break with some consolidation before the price may go higher up.\nBears would like to see the opposite occur with a support level break and consolidation before the price may go lower.\nTilray is trading with a market cap of $4.8 billion and a public float of 143.8 million shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":313,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":328793987,"gmtCreate":1615557923449,"gmtModify":1704784523024,"author":{"id":"3576648722811020","authorId":"3576648722811020","authorIdStr":"3576648722811020","name":"Rachael Lee","avatar":"https://static.tigerbbs.com/3b648156dc1928fb5287be1c64cfae97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576648722811020"},"themes":[],"htmlText":"I don't play game, hahaha","listText":"I don't play game, hahaha","text":"I don't play game, hahaha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/328793987","repostId":"1144000725","repostType":4,"repost":{"id":"1144000725","pubTimestamp":1615554528,"share":"https://ttm.financial/m/news/1144000725?lang=&edition=fundamental","pubTime":"2021-03-12 21:08","market":"us","language":"en","title":"Roblox Builds The Metaverse","url":"https://stock-news.laohu8.com/highlight/detail?id=1144000725","media":"seekingalpha","summary":"Summary\n\nRoblox is not a game, but a platform for both designing and playing games.\nLike other gamin","content":"<p><b>Summary</b></p>\n<ul>\n <li>Roblox is not a game, but a platform for both designing and playing games.</li>\n <li>Like other gaming companies, they are trying to build a metaverse that blends real and persistent virtual worlds.</li>\n <li>They have what I consider a durable long-term strategy and stellar word-of-mouth marketing.</li>\n <li>Like many gaming companies, their user metrics all saw outrageous growth in 2020 due to the pandemic. That cannot be matched after Q1 2021.</li>\n <li>As such, I think a better price will be available later in the year.</li>\n</ul>\n<p><img src=\"https://static.tigerbbs.com/da521a162b09482db5b85e52ad4f9858\" tg-width=\"640\" tg-height=\"346\" referrerpolicy=\"no-referrer\"></p>\n<p>Nobody Knows Anything</p>\n<blockquote>\n Nobody knows anything. Not one person in the entire motion picture field knows for a certainty what’s going to work. Every time out it’s a guess — and if you’re lucky, an educated one.\n</blockquote>\n<blockquote>\n - William Goldman,Adventures in the Screen Trade\n</blockquote>\n<p>I live in LA, and many of my friends and neighbors are in the film and TV industry, and I even once worked at Warner Brothers TV, Warner's TV production arm. Even if they don’t know where it came from, that three-word phrase, “nobody knows anything,” is one everybody knows, and is as close to gospel as you get in Hollywood.</p>\n<p>One of the&nbsp;greatest screenwriters of all time, Goldman’s point was that it is impossible to ever know exactly what audiences are going to want, and even the smartest, cagiest, most creative executives are frequently wrong. Complicating that is the very long time it takes to go from screenplay to screen. What may have been perfect cultural timing at conception may already be stale by the time people can see it.</p>\n<p>I see this exact problem in game studios as well, prominently in that last part about timing. Especially in the AAA game world, development times can extend for years. Creators get immersed in the world they are building, and meanwhile outside the walls of the studio, the world is changing. I think Apple TV+’s Mythic Quest, a comedy about a fictional MMORPG studio, dramatizes a lot of this very well.</p>\n<p>Roblox’s (RBLX) model solves the Nobody Knows Anything Problem in the way YouTube (GOOG)(NASDAQ:GOOGL)solved it for video. Roblox is not really a game, but a platform for designing and playing games. It gets frequently compared to Minecraft (MSFT), because they both rely on user creativity, but it is more akin to Unreal Engine, Epic’s game development platform. But that’s for developers. Roblox brings game publishing to the masses the way YouTube democratized video broadcasting.</p>\n<p>The YouTube model is that most of their content is terrible, but that there is so much of it, there is also a huge volume of good stuff that rises to the top and gets monetized, especially when we are talking about niche audiences. That Roblox graphic above, “Millions of Experiences” is the same model in a three-word slogan.</p>\n<p>Roblox does not have to come up with the Next Big Thing, and the one after that, and the one after that. They are counting on their users to do it for them. Amongst millions of worlds, thousands are going to be of interest to players.</p>\n<p>But as much as I like the model, I can’t recommend the stock for two reasons. In the first place, they have already seen huge pandemic-related growth, and even they are predicting user engagement will be flattish or down in 2021. But more to the point, Roblox closed its first day of trading with a market cap over $40 billion. The stock price was up to over $70 aftermarket after listing at $45. The problem is this:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ce11bd249428baffd59f8154f10e022c\" tg-width=\"635\" tg-height=\"436\"><span>Data by YCharts</span></p>\n<p>That valuation does not make a ton of sense right now for a company with under a billion in GAAP revenue. But that aside, this is one to keep an eye on. I believe a better price will come later in the year as the report soft comps with pandemic quarters.</p>\n<p><b>It’s A Game Development Platform, Not A Game</b></p>\n<p>Many companies like to refer to their IP stack as a “platform” to imply that a lot can be built upon it. Most of the time, that’s just management buzzwording. But Roblox is genuinely a gaming platform for both creators and users, which makes it distinct.</p>\n<p>Developing games is not as simple as they’d like to make out, but it is much simpler than any other method.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e171a67b3fa5b09a5b8fc1009f9a3506\" tg-width=\"640\" tg-height=\"550\"><span>Roblox Studio screenshot</span></p>\n<p>Roblox comes with a huge library of modifiable characters, environments and objects. While much can be scripted, games can be authored without writing a single line of code, using built-in scripts and behaviors. It also has a plugin architecture, and there are many which add functionality or ease-of-use to the development environment, or add game content. They have 35 million of these in their developer store. This is a full stack development tool that even beginners can use.</p>\n<p>There are thousands of these videos on YouTube. More complex gameplay and objects require scripting in Roblox’s Lua language, but it tends to be much simpler than alternative languages. My point here is that a wide range of game designers - from kids to professionals - can use this thing and create something very simple, or something very complex.</p>\n<p>The majority of users will never download Roblox Studio. They counted 33 million daily active users in 2020, and 8 million “active developers.” 1.5 million earned something from their creations, so that’s probably a more realistic number. Only 300 earned more than $100,000, so it’s still a small and growing opportunity for game developers. Developers are paid 70% of the Robux - the in-game currency - their content earns, which encourages the many small earners to funnel that back into gameplay, and not convert it into real bucks.</p>\n<p>But most users will only ever experience the mobile app for playing the games. So it is actually very different from Minecraft, to which it gets frequently compared:</p>\n<p><img src=\"https://static.tigerbbs.com/cfb43273a10448d6157e5031eb16f226\" tg-width=\"640\" tg-height=\"295\"></p>\n<p>So while there is some general overlap, mostly in the idea that creativity is one of the core parts of the game, they mostly are pretty different. Minecraft is also infinitely modifiable, but it is not millions of games.</p>\n<p>As 2020 closed, there were 20 million games, which opens up a new challenge: discoverability. Apple’s(NASDAQ:AAPL)struggles with this in the App Store, despite big investments there, highlight what a challenge that is. My own experience is that they are doing pretty well, but have a ways to go, like everyone else that is relying on algorithmic discovery.</p>\n<p><b>The Metaverse</b></p>\n<p>What Roblox is building here is something futurists have referred to as a “metaverse,” a term lifted from a 1992 sci-fi novel,Snow Crash. You can think about the metaverse as a combination of persistent virtual worlds, and the real world interacting - the world of the film Ready Player One, but hopefully less awful. Roblox talks about 8 parts of this that make up the metaverse they are building.</p>\n<ol>\n <li>The avatar. How each individual player chooses to represent themselves in virtual worlds. These can be self-designed or purchased.</li>\n <li>Friends. You are interacting with your real-life friends, and new ones you make on the platform. By December, they were processing 2 million chat messages a day. They do not have voice yet, mostly because they are working on a system that enforces their trust and civility standards, which is far easier to do with plain text messages (item 8 below).</li>\n <li>“Immersiveness.” They are working hard on iterating the graphics so 3D worlds can be everything from cartoony to highly realistic. The progress from even 5 years ago is extraordinary, and light years ahead of their original platform, which looked more like the blocky Minecraft world.</li>\n <li>Global and mobile. Games dynamically downshift graphics and rendering on older devices, or where internet connections are poor. Localization rollout is very far along, but slowed by their focus on content moderation. Again, this is an artifact of item 8 below. Their China strategy is a joint venture with Tencent.</li>\n <li>Variety. Millions of worlds.</li>\n <li>“Frictionless” movement between worlds in a matter of seconds. Games load incrementally, as data is needed. Users average playing 20 different games per month.</li>\n <li>Monetized via Robux, their in-game currency. Also future potential from ad revenue, but I believe they will limit this because of the next item.</li>\n <li>Trust and civility. This is super key for the long-term growth of the platform - to not let a small minority of trolls ruin the experience for everyone else. After developer payments, the largest line item in their Opex is “Infrastructure and trust &amp; safety.” I view this as a crucial investment.</li>\n</ol>\n<p>Roblox is far from the only company trying to put something like this together, but I like their strategy, especially these aspects:</p>\n<ul>\n <li>Combining development and gameplay into one platform solves the Nobody Knows Anything Problem.</li>\n <li>Their emphasis on the social aspects of gameplay.</li>\n <li>Their emphasis on trust and civility.</li>\n <li>Monetization that is already working, and an untapped advertising stream of revenue in the future.</li>\n <li>They run their own backend cloud, customized for their needs and ambitions. In some regions, they fall back to AWS (AMZN).</li>\n <li>They prefer small, autonomous teams to large hierarchical groups, and encourage cross-pollination between groups.</li>\n <li>The “moat” comes when they reach enough scale. They are not close yet.</li>\n <li>Their future plans include translating this model focused on engagement with your friends and content creation to other areas like education, work, live events and video. I believe they have a key opportunity to become the preferred work-from-home platform over Zoom (ZM).</li>\n</ul>\n<p>This is a wholistic, Apple-like strategy that is built to last.</p>\n<p><b>Financials</b></p>\n<p>I specified GAAP revenue in the intro because digital goods companies like Roblox have complications, even that far up the operating statement. The big issue is that monetization is done through the sale of Robux, the in-game currency. But until the Robux are spent in-game, they are counted as deferred revenue, and not counted in GAAP revenue. This makes quite the difference.</p>\n<p><img src=\"https://static.tigerbbs.com/659642cfe091e1d54c0a2f10ef66e5e2\" tg-width=\"640\" tg-height=\"377\"></p>\n<p>As you can see, there were a lot of Christmas Robux still in user accounts at the end of 2020. So I’m going to redo the operating statement with revenue plus deferred Robux, or what Roblox calls “bookings,” as the top line. Bookings are a much more accurate representation of their cash flows from app store owners like Apple and Google.</p>\n<p><img src=\"https://static.tigerbbs.com/e9fd5871111e25c87be06898e293801d\" tg-width=\"640\" tg-height=\"392\"></p>\n<p>The point is this is already a profitable company, despite the negative GAAP earnings, with $524 million in cash flows from operations in 2020 (CFOs count deferred revenue).</p>\n<p>What’s more, this is an efficient, mature operation. On every new tech listing, I have a metric I call “the revenue juicer.” Growth companies know analysts focus on revenue growth, so they juice that number with large discounts to customers that get filed away in cost-of-goods, or as a marketing cost. Revenues look larger, even if it doesn’t affect operating income. This metric is a way of catching that. It’s the sum of cost-of-goods and sales/marketing divided by revenue.</p>\n<p>Just to give you an idea of what this looks like, Snowflake (SNOW) is the most egregious recent example. In their last quarter, they spent $1.26 on customer acquisition for every dollar of revenue. Roblox spent $0.32 using GAAP revenue, and $0.28 using bookings as the denominator. They spent particularly little on marketing, only 3% of bookings and 6% of GAAP revenue. Their growth is largely organic, through word-of-mouth. Every parent of young children I know is talking about it. This is a virtuous cycle. As more people become attracted to the platform, more of them decide to make games, and the volume and quality of the games rises, attracting new users.</p>\n<p>Their administrative expenses are similarly in-line at 5% of bookings and 11% of GAAP revenue.</p>\n<p>This is a nicely run operation, that also has a big GAAP number coming in the March quarter as users spend down those holiday Robux account balances, and the revenue goes from deferred to GAAP.</p>\n<p>But they are also expecting a drop-off in engagement from the pandemic highs as people begin to spend more time out of their houses. So let’s talk about user metrics.</p>\n<p><b>User Metrics</b></p>\n<p>What we see here is huge growth in user metrics in 2020 that is not sustainable in a post-pandemic environment. Starting with daily active users:</p>\n<p><img src=\"https://static.tigerbbs.com/ca65d547a060f9d5415cd3d4b43962f7\" tg-width=\"640\" tg-height=\"377\"></p>\n<p>But I hate DAUs. They tell you nothing about what people are doing while there. Fortunately, Roblox breaks out total hours of usage.</p>\n<p><img src=\"https://static.tigerbbs.com/a6ac29876f67948190c8a606cfab6209\" tg-width=\"640\" tg-height=\"377\"></p>\n<p>Putting those together, on average, Roblox users spent an extra half hour a day in the app in 2020, after dipping slightly in 2019.</p>\n<p><img src=\"https://static.tigerbbs.com/dd012aa8b818b763e6cc1f3a1d7eca35\" tg-width=\"640\" tg-height=\"377\"></p>\n<p>That extra half hour is the pandemic effect in a nutshell. Users are also spending more every hour.</p>\n<p><img src=\"https://static.tigerbbs.com/be94d53323e077a3f12325a6b38ed19f\" tg-width=\"640\" tg-height=\"377\"></p>\n<p>My guess is they revert back to 2018-2019 type numbers in 2021 in those last two metrics. The company is also predicting that we could see some negative comps in 2021. Here’s their 2021 guidance from last week:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/557691b5f03b6c7536bea5c651ada13d\" tg-width=\"640\" tg-height=\"149\"><span>The party ends Q2.</span></p>\n<p>The Whale Problem</p>\n<p>I’m a fan of S-1 “Risk Factors” sections. In the first place there’s a lot of information in there. But also, from the tone and language of how it’s written, you can get a sense of how management wants to frame problems. Are they being honest and forthright, and using plain English, or are they using a lot of management doublespeak? If it’sthe latter, it makes me sniff everything twice.</p>\n<p>Right off the bat, in the first paragraph, they made a friend:</p>\n<blockquote>\n We have experienced rapid growth in the three months ended June 30, 2020, September 30, 2020, December 31, 2020, and for a portion of the three months ended March 31, 2020, due in part to the COVID-19 pandemic given our users have been online more as a result of global COVID-19 shelter-in-place policies. For example, our bookings increased 171% from the year ended December 31, 2019 to the year ended December 31, 2020. We do not expect these activity levels to be sustained, and in future periods we expect growth rates for our revenue to decline, and we may not experience any growth in bookings or our user base during periods where we are comparing against COVID-19 impacted periods.\n</blockquote>\n<p>This is carried through in their 2021 guidance we just looked at. This is a great example of their language in this section — simple, clear, informative. But the thing that stood out to me was something I was looking for, because it’s a thing that bothers me always, the so-called Whale Problem, or the 80-20 Problem. There are many companies in the free-to-play gaming business that get a very large portion of their revenues, around 80%, from a small number of users, around 20%. Those 20% are the “whales.” Roblox’ description:</p>\n<blockquote>\n <b><i>We rely on a very small percentage of our total users for a significant majority of our revenue and bookings that we derive from our platform.</i></b>\n</blockquote>\n<blockquote>\n We generate substantially all of our revenue through the sales of our virtual currency, “Robux,” which players can use to purchase virtual items sold by our developer and creator community on the platform. Only a small portion of our users regularly purchase Robux through subscriptions and pay for experiences and virtual items compared to all users who use our platform in any period.\n</blockquote>\n<p>The term “whale” comes from the casino business, where much of the house’s take comes from these whales. How this works at casinos is a great example as why I view this as a problem. Some of the highest paid people at casinos are the “hosts,” whose job it is to attract and retain whales. It is a large part of their focus and Opex. The problem is what attracts the whales will not always work on the general public. Casinos solved this problem with the one-on-one marketing of the hosts, and by having separate gaming areas for the whales.</p>\n<p>In the gaming world, companies can fall into the same trap, but don’t have as clean a solution as the high-roller rooms in casinos. All users, from the whales to the people who never pay a dime, are all mixed together, by design. The trap here is the efforts to attract whales turns off everyone else — the other 80% that provide the network effects, but very little revenue.</p>\n<p>At some point, management is going to come under pressure to keep revenues growing fast, and that means more whales, but that can also limit total user growth long term. They calmed my fears a bit with another section of Risk Factors:</p>\n<blockquote>\n <b><i>We focus our business on our developers, creators, and users, and acting in their interests in the long-term may conflict with the short-term expectations of analysts and investors.</i></b>\n</blockquote>\n<blockquote>\n A significant part of our business strategy and culture is to focus on long-term growth and developer, creator, and user experience over short-term financial results. We expect our expenses to continue to increase in the future as we broaden our developer, creator, and user community, as developers, creators, and users increase the amount and types of experiences and virtual items they make available on our platform and the content they consume, and as we develop and further enhance our platform, expand our technical infrastructure and data centers, and hire additional employees to support our expanding operations.\n</blockquote>\n<p>This is the right choice for what they are trying to build. Let’s hope they remember that in a couple of years.</p>\n<p>Wrapping Up</p>\n<p>First, some summary bullets:</p>\n<ul>\n <li>Roblox is not a game, but a platform for both designing and playing games. They have 20 million games on the platform.</li>\n <li>Like other gaming companies, they are trying to build a metaverse that blends real and persistent virtual worlds. Social aspects are key in Roblox, and I believe they are focusing on the right parts of this, putting a lot of emphasis on having a safe, fun environment for all ages.</li>\n <li>They have what I consider a durable long-term strategy.</li>\n <li>Their growth up to now has been almost entirely via word-of-mouth.</li>\n <li>Without a quirk in GAAP reporting, they are actually a profitable company with over a half billion in operational cash flows in 2020.</li>\n <li>Like many gaming companies, their user metrics all saw outrageous growth in 2020 due to the pandemic. That cannot be matched in 2021. Q1 GAAP numbers will be still very large due to high Robux balances at the end of 2020 and the same pandemic conditions, but the party ends Q2.</li>\n</ul>\n<p>So I like what they have brewing here, despite all the long-term challenges of building something so ambitious. But that last bullet leads me to believe there is a better price coming later in the year when the reality of post-pandemic gaming patterns settle in. It looks like they packed a couple of years of growth into one year. As such, at current prices, which puts it with a higher market cap than EA (EA), makes me think there is a much better price coming later in the year. That’s why the neutral rating.</p>\n<p>I’ll circle back when they report Q1.</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>Roblox Builds The Metaverse</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\">\nRoblox Builds The Metaverse\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-12 21:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4413403-roblox-builds-metaverse><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nRoblox is not a game, but a platform for both designing and playing games.\nLike other gaming companies, they are trying to build a metaverse that blends real and persistent virtual worlds.\n...</p>\n\n<a href=\"https://seekingalpha.com/article/4413403-roblox-builds-metaverse\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RBLX":"Roblox Corporation"},"source_url":"https://seekingalpha.com/article/4413403-roblox-builds-metaverse","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1144000725","content_text":"Summary\n\nRoblox is not a game, but a platform for both designing and playing games.\nLike other gaming companies, they are trying to build a metaverse that blends real and persistent virtual worlds.\nThey have what I consider a durable long-term strategy and stellar word-of-mouth marketing.\nLike many gaming companies, their user metrics all saw outrageous growth in 2020 due to the pandemic. That cannot be matched after Q1 2021.\nAs such, I think a better price will be available later in the year.\n\n\nNobody Knows Anything\n\n Nobody knows anything. Not one person in the entire motion picture field knows for a certainty what’s going to work. Every time out it’s a guess — and if you’re lucky, an educated one.\n\n\n - William Goldman,Adventures in the Screen Trade\n\nI live in LA, and many of my friends and neighbors are in the film and TV industry, and I even once worked at Warner Brothers TV, Warner's TV production arm. Even if they don’t know where it came from, that three-word phrase, “nobody knows anything,” is one everybody knows, and is as close to gospel as you get in Hollywood.\nOne of the greatest screenwriters of all time, Goldman’s point was that it is impossible to ever know exactly what audiences are going to want, and even the smartest, cagiest, most creative executives are frequently wrong. Complicating that is the very long time it takes to go from screenplay to screen. What may have been perfect cultural timing at conception may already be stale by the time people can see it.\nI see this exact problem in game studios as well, prominently in that last part about timing. Especially in the AAA game world, development times can extend for years. Creators get immersed in the world they are building, and meanwhile outside the walls of the studio, the world is changing. I think Apple TV+’s Mythic Quest, a comedy about a fictional MMORPG studio, dramatizes a lot of this very well.\nRoblox’s (RBLX) model solves the Nobody Knows Anything Problem in the way YouTube (GOOG)(NASDAQ:GOOGL)solved it for video. Roblox is not really a game, but a platform for designing and playing games. It gets frequently compared to Minecraft (MSFT), because they both rely on user creativity, but it is more akin to Unreal Engine, Epic’s game development platform. But that’s for developers. Roblox brings game publishing to the masses the way YouTube democratized video broadcasting.\nThe YouTube model is that most of their content is terrible, but that there is so much of it, there is also a huge volume of good stuff that rises to the top and gets monetized, especially when we are talking about niche audiences. That Roblox graphic above, “Millions of Experiences” is the same model in a three-word slogan.\nRoblox does not have to come up with the Next Big Thing, and the one after that, and the one after that. They are counting on their users to do it for them. Amongst millions of worlds, thousands are going to be of interest to players.\nBut as much as I like the model, I can’t recommend the stock for two reasons. In the first place, they have already seen huge pandemic-related growth, and even they are predicting user engagement will be flattish or down in 2021. But more to the point, Roblox closed its first day of trading with a market cap over $40 billion. The stock price was up to over $70 aftermarket after listing at $45. The problem is this:\nData by YCharts\nThat valuation does not make a ton of sense right now for a company with under a billion in GAAP revenue. But that aside, this is one to keep an eye on. I believe a better price will come later in the year as the report soft comps with pandemic quarters.\nIt’s A Game Development Platform, Not A Game\nMany companies like to refer to their IP stack as a “platform” to imply that a lot can be built upon it. Most of the time, that’s just management buzzwording. But Roblox is genuinely a gaming platform for both creators and users, which makes it distinct.\nDeveloping games is not as simple as they’d like to make out, but it is much simpler than any other method.\nRoblox Studio screenshot\nRoblox comes with a huge library of modifiable characters, environments and objects. While much can be scripted, games can be authored without writing a single line of code, using built-in scripts and behaviors. It also has a plugin architecture, and there are many which add functionality or ease-of-use to the development environment, or add game content. They have 35 million of these in their developer store. This is a full stack development tool that even beginners can use.\nThere are thousands of these videos on YouTube. More complex gameplay and objects require scripting in Roblox’s Lua language, but it tends to be much simpler than alternative languages. My point here is that a wide range of game designers - from kids to professionals - can use this thing and create something very simple, or something very complex.\nThe majority of users will never download Roblox Studio. They counted 33 million daily active users in 2020, and 8 million “active developers.” 1.5 million earned something from their creations, so that’s probably a more realistic number. Only 300 earned more than $100,000, so it’s still a small and growing opportunity for game developers. Developers are paid 70% of the Robux - the in-game currency - their content earns, which encourages the many small earners to funnel that back into gameplay, and not convert it into real bucks.\nBut most users will only ever experience the mobile app for playing the games. So it is actually very different from Minecraft, to which it gets frequently compared:\n\nSo while there is some general overlap, mostly in the idea that creativity is one of the core parts of the game, they mostly are pretty different. Minecraft is also infinitely modifiable, but it is not millions of games.\nAs 2020 closed, there were 20 million games, which opens up a new challenge: discoverability. Apple’s(NASDAQ:AAPL)struggles with this in the App Store, despite big investments there, highlight what a challenge that is. My own experience is that they are doing pretty well, but have a ways to go, like everyone else that is relying on algorithmic discovery.\nThe Metaverse\nWhat Roblox is building here is something futurists have referred to as a “metaverse,” a term lifted from a 1992 sci-fi novel,Snow Crash. You can think about the metaverse as a combination of persistent virtual worlds, and the real world interacting - the world of the film Ready Player One, but hopefully less awful. Roblox talks about 8 parts of this that make up the metaverse they are building.\n\nThe avatar. How each individual player chooses to represent themselves in virtual worlds. These can be self-designed or purchased.\nFriends. You are interacting with your real-life friends, and new ones you make on the platform. By December, they were processing 2 million chat messages a day. They do not have voice yet, mostly because they are working on a system that enforces their trust and civility standards, which is far easier to do with plain text messages (item 8 below).\n“Immersiveness.” They are working hard on iterating the graphics so 3D worlds can be everything from cartoony to highly realistic. The progress from even 5 years ago is extraordinary, and light years ahead of their original platform, which looked more like the blocky Minecraft world.\nGlobal and mobile. Games dynamically downshift graphics and rendering on older devices, or where internet connections are poor. Localization rollout is very far along, but slowed by their focus on content moderation. Again, this is an artifact of item 8 below. Their China strategy is a joint venture with Tencent.\nVariety. Millions of worlds.\n“Frictionless” movement between worlds in a matter of seconds. Games load incrementally, as data is needed. Users average playing 20 different games per month.\nMonetized via Robux, their in-game currency. Also future potential from ad revenue, but I believe they will limit this because of the next item.\nTrust and civility. This is super key for the long-term growth of the platform - to not let a small minority of trolls ruin the experience for everyone else. After developer payments, the largest line item in their Opex is “Infrastructure and trust & safety.” I view this as a crucial investment.\n\nRoblox is far from the only company trying to put something like this together, but I like their strategy, especially these aspects:\n\nCombining development and gameplay into one platform solves the Nobody Knows Anything Problem.\nTheir emphasis on the social aspects of gameplay.\nTheir emphasis on trust and civility.\nMonetization that is already working, and an untapped advertising stream of revenue in the future.\nThey run their own backend cloud, customized for their needs and ambitions. In some regions, they fall back to AWS (AMZN).\nThey prefer small, autonomous teams to large hierarchical groups, and encourage cross-pollination between groups.\nThe “moat” comes when they reach enough scale. They are not close yet.\nTheir future plans include translating this model focused on engagement with your friends and content creation to other areas like education, work, live events and video. I believe they have a key opportunity to become the preferred work-from-home platform over Zoom (ZM).\n\nThis is a wholistic, Apple-like strategy that is built to last.\nFinancials\nI specified GAAP revenue in the intro because digital goods companies like Roblox have complications, even that far up the operating statement. The big issue is that monetization is done through the sale of Robux, the in-game currency. But until the Robux are spent in-game, they are counted as deferred revenue, and not counted in GAAP revenue. This makes quite the difference.\n\nAs you can see, there were a lot of Christmas Robux still in user accounts at the end of 2020. So I’m going to redo the operating statement with revenue plus deferred Robux, or what Roblox calls “bookings,” as the top line. Bookings are a much more accurate representation of their cash flows from app store owners like Apple and Google.\n\nThe point is this is already a profitable company, despite the negative GAAP earnings, with $524 million in cash flows from operations in 2020 (CFOs count deferred revenue).\nWhat’s more, this is an efficient, mature operation. On every new tech listing, I have a metric I call “the revenue juicer.” Growth companies know analysts focus on revenue growth, so they juice that number with large discounts to customers that get filed away in cost-of-goods, or as a marketing cost. Revenues look larger, even if it doesn’t affect operating income. This metric is a way of catching that. It’s the sum of cost-of-goods and sales/marketing divided by revenue.\nJust to give you an idea of what this looks like, Snowflake (SNOW) is the most egregious recent example. In their last quarter, they spent $1.26 on customer acquisition for every dollar of revenue. Roblox spent $0.32 using GAAP revenue, and $0.28 using bookings as the denominator. They spent particularly little on marketing, only 3% of bookings and 6% of GAAP revenue. Their growth is largely organic, through word-of-mouth. Every parent of young children I know is talking about it. This is a virtuous cycle. As more people become attracted to the platform, more of them decide to make games, and the volume and quality of the games rises, attracting new users.\nTheir administrative expenses are similarly in-line at 5% of bookings and 11% of GAAP revenue.\nThis is a nicely run operation, that also has a big GAAP number coming in the March quarter as users spend down those holiday Robux account balances, and the revenue goes from deferred to GAAP.\nBut they are also expecting a drop-off in engagement from the pandemic highs as people begin to spend more time out of their houses. So let’s talk about user metrics.\nUser Metrics\nWhat we see here is huge growth in user metrics in 2020 that is not sustainable in a post-pandemic environment. Starting with daily active users:\n\nBut I hate DAUs. They tell you nothing about what people are doing while there. Fortunately, Roblox breaks out total hours of usage.\n\nPutting those together, on average, Roblox users spent an extra half hour a day in the app in 2020, after dipping slightly in 2019.\n\nThat extra half hour is the pandemic effect in a nutshell. Users are also spending more every hour.\n\nMy guess is they revert back to 2018-2019 type numbers in 2021 in those last two metrics. The company is also predicting that we could see some negative comps in 2021. Here’s their 2021 guidance from last week:\nThe party ends Q2.\nThe Whale Problem\nI’m a fan of S-1 “Risk Factors” sections. In the first place there’s a lot of information in there. But also, from the tone and language of how it’s written, you can get a sense of how management wants to frame problems. Are they being honest and forthright, and using plain English, or are they using a lot of management doublespeak? If it’sthe latter, it makes me sniff everything twice.\nRight off the bat, in the first paragraph, they made a friend:\n\n We have experienced rapid growth in the three months ended June 30, 2020, September 30, 2020, December 31, 2020, and for a portion of the three months ended March 31, 2020, due in part to the COVID-19 pandemic given our users have been online more as a result of global COVID-19 shelter-in-place policies. For example, our bookings increased 171% from the year ended December 31, 2019 to the year ended December 31, 2020. We do not expect these activity levels to be sustained, and in future periods we expect growth rates for our revenue to decline, and we may not experience any growth in bookings or our user base during periods where we are comparing against COVID-19 impacted periods.\n\nThis is carried through in their 2021 guidance we just looked at. This is a great example of their language in this section — simple, clear, informative. But the thing that stood out to me was something I was looking for, because it’s a thing that bothers me always, the so-called Whale Problem, or the 80-20 Problem. There are many companies in the free-to-play gaming business that get a very large portion of their revenues, around 80%, from a small number of users, around 20%. Those 20% are the “whales.” Roblox’ description:\n\nWe rely on a very small percentage of our total users for a significant majority of our revenue and bookings that we derive from our platform.\n\n\n We generate substantially all of our revenue through the sales of our virtual currency, “Robux,” which players can use to purchase virtual items sold by our developer and creator community on the platform. Only a small portion of our users regularly purchase Robux through subscriptions and pay for experiences and virtual items compared to all users who use our platform in any period.\n\nThe term “whale” comes from the casino business, where much of the house’s take comes from these whales. How this works at casinos is a great example as why I view this as a problem. Some of the highest paid people at casinos are the “hosts,” whose job it is to attract and retain whales. It is a large part of their focus and Opex. The problem is what attracts the whales will not always work on the general public. Casinos solved this problem with the one-on-one marketing of the hosts, and by having separate gaming areas for the whales.\nIn the gaming world, companies can fall into the same trap, but don’t have as clean a solution as the high-roller rooms in casinos. All users, from the whales to the people who never pay a dime, are all mixed together, by design. The trap here is the efforts to attract whales turns off everyone else — the other 80% that provide the network effects, but very little revenue.\nAt some point, management is going to come under pressure to keep revenues growing fast, and that means more whales, but that can also limit total user growth long term. They calmed my fears a bit with another section of Risk Factors:\n\nWe focus our business on our developers, creators, and users, and acting in their interests in the long-term may conflict with the short-term expectations of analysts and investors.\n\n\n A significant part of our business strategy and culture is to focus on long-term growth and developer, creator, and user experience over short-term financial results. We expect our expenses to continue to increase in the future as we broaden our developer, creator, and user community, as developers, creators, and users increase the amount and types of experiences and virtual items they make available on our platform and the content they consume, and as we develop and further enhance our platform, expand our technical infrastructure and data centers, and hire additional employees to support our expanding operations.\n\nThis is the right choice for what they are trying to build. Let’s hope they remember that in a couple of years.\nWrapping Up\nFirst, some summary bullets:\n\nRoblox is not a game, but a platform for both designing and playing games. They have 20 million games on the platform.\nLike other gaming companies, they are trying to build a metaverse that blends real and persistent virtual worlds. Social aspects are key in Roblox, and I believe they are focusing on the right parts of this, putting a lot of emphasis on having a safe, fun environment for all ages.\nThey have what I consider a durable long-term strategy.\nTheir growth up to now has been almost entirely via word-of-mouth.\nWithout a quirk in GAAP reporting, they are actually a profitable company with over a half billion in operational cash flows in 2020.\nLike many gaming companies, their user metrics all saw outrageous growth in 2020 due to the pandemic. That cannot be matched in 2021. Q1 GAAP numbers will be still very large due to high Robux balances at the end of 2020 and the same pandemic conditions, but the party ends Q2.\n\nSo I like what they have brewing here, despite all the long-term challenges of building something so ambitious. But that last bullet leads me to believe there is a better price coming later in the year when the reality of post-pandemic gaming patterns settle in. It looks like they packed a couple of years of growth into one year. As such, at current prices, which puts it with a higher market cap than EA (EA), makes me think there is a much better price coming later in the year. That’s why the neutral rating.\nI’ll circle back when they report Q1.","news_type":1},"isVote":1,"tweetType":1,"viewCount":376,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":328790787,"gmtCreate":1615557863249,"gmtModify":1704784521243,"author":{"id":"3576648722811020","authorId":"3576648722811020","authorIdStr":"3576648722811020","name":"Rachael Lee","avatar":"https://static.tigerbbs.com/3b648156dc1928fb5287be1c64cfae97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576648722811020"},"themes":[],"htmlText":"Interesting&nbsp;","listText":"Interesting&nbsp;","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/328790787","repostId":"2118575159","repostType":4,"repost":{"id":"2118575159","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":1615556555,"share":"https://ttm.financial/m/news/2118575159?lang=&edition=fundamental","pubTime":"2021-03-12 21:42","market":"us","language":"en","title":"Global investors continue to pour money into equity funds, shrugging off inflation fears","url":"https://stock-news.laohu8.com/highlight/detail?id=2118575159","media":"Reuters","summary":"March 12 (Reuters) - Global investors continued to pour money into equity funds on hopes over global","content":"<p>March 12 (Reuters) - Global investors continued to pour money into equity funds on hopes over global economic recovery and vaccine optimism, shrugging off concerns about inflation levels.</p>\n<p>Flows into equity mutual funds doubled from last week to $20.4 billion in the week to March 10, data from Refinitiv Lipper showed.</p>\n<p>However, investors sold a net $2.7 billion in global bond funds, as U.S. Treasury yields touched a 1-year high this week.</p>\n<p>Graphic: Fund flows into global equities bonds and money markets -</p>\n<p><img src=\"https://static.tigerbbs.com/d67fde2fd7daed9f440e3347d70817ed\" tg-width=\"1255\" tg-height=\"530\"></p>\n<p>Meanwhile, investors also put $28.7 billion worth of money into safer money market funds, the data showed.</p>\n<p>Among equity funds, technology funds faced an outflow for the first time in a year due to the surge in bond yields. Higher yields lower the present value of future cash flows of growth stocks.</p>\n<p>On the other hand, the financial sector attracted an inflow of $3.14 billion, the biggest in eight weeks, as investor ploughed money into cyclical stocks on rising optimism about a global economic recovery.</p>\n<p>Graphic: Global bond outflows in the week ended March 10 -</p>\n<p><img src=\"https://static.tigerbbs.com/7f6bea846d584f1e337a0cc5c5232ad6\" tg-width=\"1272\" tg-height=\"524\"></p>\n<p>Other sectors, which rise and fall along with the economic cycles, such as industrials, energy and mining companies, also had inflows in the week.</p>\n<p>Among commodity funds, precious metal funds saw net sales of $1.74 billion, the fifth consecutive weekly outflow, signalling investors are looking past safer assets such as gold and willing to take higher risks.</p>\n<p>Graphic: Global fund flows into equity sectors -</p>\n<p><img src=\"https://static.tigerbbs.com/c183c9a9187545e89e2364bfbf638a27\" tg-width=\"1276\" tg-height=\"549\"></p>\n<p>An analysis of 23,755 emerging-market funds showed equity funds got $2.3 billion in inflows. Bond funds saw net sales of $3.4 billion, their biggest outflow for the latter in about a year.</p>\n<p>Graphic: Fund flows into EM equities and bonds -</p>\n<p><img src=\"https://static.tigerbbs.com/6da719b76cab69810dc6c7e179f49f4a\" tg-width=\"1272\" tg-height=\"525\"></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>Global investors continue to pour money into equity funds, shrugging off inflation fears</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\">\nGlobal investors continue to pour money into equity funds, shrugging off inflation fears\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\">2021-03-12 21:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>March 12 (Reuters) - Global investors continued to pour money into equity funds on hopes over global economic recovery and vaccine optimism, shrugging off concerns about inflation levels.</p>\n<p>Flows into equity mutual funds doubled from last week to $20.4 billion in the week to March 10, data from Refinitiv Lipper showed.</p>\n<p>However, investors sold a net $2.7 billion in global bond funds, as U.S. Treasury yields touched a 1-year high this week.</p>\n<p>Graphic: Fund flows into global equities bonds and money markets -</p>\n<p><img src=\"https://static.tigerbbs.com/d67fde2fd7daed9f440e3347d70817ed\" tg-width=\"1255\" tg-height=\"530\"></p>\n<p>Meanwhile, investors also put $28.7 billion worth of money into safer money market funds, the data showed.</p>\n<p>Among equity funds, technology funds faced an outflow for the first time in a year due to the surge in bond yields. Higher yields lower the present value of future cash flows of growth stocks.</p>\n<p>On the other hand, the financial sector attracted an inflow of $3.14 billion, the biggest in eight weeks, as investor ploughed money into cyclical stocks on rising optimism about a global economic recovery.</p>\n<p>Graphic: Global bond outflows in the week ended March 10 -</p>\n<p><img src=\"https://static.tigerbbs.com/7f6bea846d584f1e337a0cc5c5232ad6\" tg-width=\"1272\" tg-height=\"524\"></p>\n<p>Other sectors, which rise and fall along with the economic cycles, such as industrials, energy and mining companies, also had inflows in the week.</p>\n<p>Among commodity funds, precious metal funds saw net sales of $1.74 billion, the fifth consecutive weekly outflow, signalling investors are looking past safer assets such as gold and willing to take higher risks.</p>\n<p>Graphic: Global fund flows into equity sectors -</p>\n<p><img src=\"https://static.tigerbbs.com/c183c9a9187545e89e2364bfbf638a27\" tg-width=\"1276\" tg-height=\"549\"></p>\n<p>An analysis of 23,755 emerging-market funds showed equity funds got $2.3 billion in inflows. Bond funds saw net sales of $3.4 billion, their biggest outflow for the latter in about a year.</p>\n<p>Graphic: Fund flows into EM equities and bonds -</p>\n<p><img src=\"https://static.tigerbbs.com/6da719b76cab69810dc6c7e179f49f4a\" tg-width=\"1272\" tg-height=\"525\"></p>\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"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118575159","content_text":"March 12 (Reuters) - Global investors continued to pour money into equity funds on hopes over global economic recovery and vaccine optimism, shrugging off concerns about inflation levels.\nFlows into equity mutual funds doubled from last week to $20.4 billion in the week to March 10, data from Refinitiv Lipper showed.\nHowever, investors sold a net $2.7 billion in global bond funds, as U.S. Treasury yields touched a 1-year high this week.\nGraphic: Fund flows into global equities bonds and money markets -\n\nMeanwhile, investors also put $28.7 billion worth of money into safer money market funds, the data showed.\nAmong equity funds, technology funds faced an outflow for the first time in a year due to the surge in bond yields. Higher yields lower the present value of future cash flows of growth stocks.\nOn the other hand, the financial sector attracted an inflow of $3.14 billion, the biggest in eight weeks, as investor ploughed money into cyclical stocks on rising optimism about a global economic recovery.\nGraphic: Global bond outflows in the week ended March 10 -\n\nOther sectors, which rise and fall along with the economic cycles, such as industrials, energy and mining companies, also had inflows in the week.\nAmong commodity funds, precious metal funds saw net sales of $1.74 billion, the fifth consecutive weekly outflow, signalling investors are looking past safer assets such as gold and willing to take higher risks.\nGraphic: Global fund flows into equity sectors -\n\nAn analysis of 23,755 emerging-market funds showed equity funds got $2.3 billion in inflows. Bond funds saw net sales of $3.4 billion, their biggest outflow for the latter in about a year.\nGraphic: Fund flows into EM equities and bonds -","news_type":1},"isVote":1,"tweetType":1,"viewCount":254,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":328032138,"gmtCreate":1615474218224,"gmtModify":1704783316604,"author":{"id":"3576648722811020","authorId":"3576648722811020","authorIdStr":"3576648722811020","name":"Rachael Lee","avatar":"https://static.tigerbbs.com/3b648156dc1928fb5287be1c64cfae97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576648722811020"},"themes":[],"htmlText":"Thanks for sharing&nbsp;","listText":"Thanks for sharing&nbsp;","text":"Thanks for sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/328032138","repostId":"2118677018","repostType":4,"isVote":1,"tweetType":1,"viewCount":196,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":328036236,"gmtCreate":1615474204725,"gmtModify":1704783315470,"author":{"id":"3576648722811020","authorId":"3576648722811020","authorIdStr":"3576648722811020","name":"Rachael Lee","avatar":"https://static.tigerbbs.com/3b648156dc1928fb5287be1c64cfae97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576648722811020"},"themes":[],"htmlText":"Pls like &amp; comment","listText":"Pls like &amp; comment","text":"Pls like & comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/328036236","repostId":"2118677018","repostType":4,"isVote":1,"tweetType":1,"viewCount":178,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3575039193701494","authorId":"3575039193701494","authorIdStr":"3575039193701494","name":"jeremiahlo","avatar":"https://static.tigerbbs.com/21de2d9d678bee1a58ef1dacdd08f089","crmLevel":2,"crmLevelSwitch":0,"idStr":"3575039193701494"},"content":"comment on my comment pls :)","text":"comment on my comment pls :)","html":"comment on my comment pls :)"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":328038082,"gmtCreate":1615474176346,"gmtModify":1704783313691,"author":{"id":"3576648722811020","authorId":"3576648722811020","authorIdStr":"3576648722811020","name":"Rachael Lee","avatar":"https://static.tigerbbs.com/3b648156dc1928fb5287be1c64cfae97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576648722811020"},"themes":[],"htmlText":"Please like and comment&nbsp;","listText":"Please like and comment&nbsp;","text":"Please like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/328038082","repostId":"2118677018","repostType":4,"repost":{"id":"2118677018","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1615472839,"share":"https://ttm.financial/m/news/2118677018?lang=&edition=fundamental","pubTime":"2021-03-11 22:27","market":"us","language":"en","title":"If You Invested $1,000 In Tesla 10 Years Ago, Here's How Much You'd Have Now","url":"https://stock-news.laohu8.com/highlight/detail?id=2118677018","media":"Benzinga","summary":"Have you ever thought about what your returns would be today if you invested in Tesla Motors  10 years ago?Tesla Motors is an American electric vehicle and clean energy company that was founded and incorporated on July 1, 2003, by Martin Eberhard and Marc Tarpenning. Elon Musk was an early investor in Tesla and has served as the CEO and product architect of Tesla Motors since 2008.This company specializes in building electric cars, solar and integrated renewable energy solutions for homes and bu","content":"<p><img src=\"https://static.tigerbbs.com/1c434325fc9d83bd73e4dee58168cecf\" tg-width=\"600\" tg-height=\"400\" referrerpolicy=\"no-referrer\"></p>\n<p>Have you ever thought about what your returns would be today if you invested in Tesla Motors (NASDAQ: TSLA) 10 years ago? Tesla Motors is an American electric vehicle and clean energy company that was founded and incorporated on July 1, 2003, by Martin Eberhard and Marc Tarpenning. Elon Musk was an early investor in Tesla and has served as the CEO and product architect of Tesla Motors since 2008.</p>\n<p>This company specializes in building electric cars, solar and integrated renewable energy solutions for homes and businesses. Tesla is the world's best-selling plug-in and battery electric passenger car manufacturer. Tesla Motors has headquartered in Palo Alto, California, and builds many of its vehicle components in-house, such as batteries, motors, and software.</p>\n<p>In 2010 Tesla Motors purchased the Tesla factory for 42 million in Fremont California. Tesla went on to launch its first initial public offering (IPO) on NASDAQ on June 29, 2010. They issued 13.3 million shares of common stock for the public at a price of $17.00 per share.</p>\n<p>On March 8th, 2011 Tesla shares were sold at an opening price of $4.92 per share. Now a decade later the Tesla share price has skyrocketed up to $563 per share. If you'd invested 1,000 in Tesla Motors, Inc. (TSLA) on March 7, 2011, today that investment would be worth $119,829.66. Your total profit from that investment today would equal $118,829.66 with an annual return of 61.26%.</p>\n<p>Back in August, they announced a stock split and since then share prices have increased by nearly 200% on a split-adjusted basis. The overall share price has been steadily increasing over the past few years.</p>\n<p>In 2020, Tesla's global sales reached an all-time high of 499,550 units with a 35.8% increase over the previous year. Tesla broke the record for the greatest value of any American automaker after reaching a market capitalization of $86 billion on January 20th, 2020. Tesla shot up 743% in 2020 alone and their share price reached a peak of $900 at the start of this year.</p>\n<p>Since reaching that peak back in January, Tesla share prices have dropped by around 38%. Tesla shares have been down by about 16% so far this year. Tesla has definitely had its struggles but the company expects to increase its productivity and volume by 50% each year in the near future. Every stock has had its ups and downs but Tesla Motors has grown to become <a href=\"https://laohu8.com/S/AONE\">one</a> of the top electric car manufacturers in the world.</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>If You Invested $1,000 In Tesla 10 Years Ago, Here's How Much You'd Have Now</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\">\nIf You Invested $1,000 In Tesla 10 Years Ago, Here's How Much You'd Have Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-03-11 22:27</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><img src=\"https://static.tigerbbs.com/1c434325fc9d83bd73e4dee58168cecf\" tg-width=\"600\" tg-height=\"400\" referrerpolicy=\"no-referrer\"></p>\n<p>Have you ever thought about what your returns would be today if you invested in Tesla Motors (NASDAQ: TSLA) 10 years ago? Tesla Motors is an American electric vehicle and clean energy company that was founded and incorporated on July 1, 2003, by Martin Eberhard and Marc Tarpenning. Elon Musk was an early investor in Tesla and has served as the CEO and product architect of Tesla Motors since 2008.</p>\n<p>This company specializes in building electric cars, solar and integrated renewable energy solutions for homes and businesses. Tesla is the world's best-selling plug-in and battery electric passenger car manufacturer. Tesla Motors has headquartered in Palo Alto, California, and builds many of its vehicle components in-house, such as batteries, motors, and software.</p>\n<p>In 2010 Tesla Motors purchased the Tesla factory for 42 million in Fremont California. Tesla went on to launch its first initial public offering (IPO) on NASDAQ on June 29, 2010. They issued 13.3 million shares of common stock for the public at a price of $17.00 per share.</p>\n<p>On March 8th, 2011 Tesla shares were sold at an opening price of $4.92 per share. Now a decade later the Tesla share price has skyrocketed up to $563 per share. If you'd invested 1,000 in Tesla Motors, Inc. (TSLA) on March 7, 2011, today that investment would be worth $119,829.66. Your total profit from that investment today would equal $118,829.66 with an annual return of 61.26%.</p>\n<p>Back in August, they announced a stock split and since then share prices have increased by nearly 200% on a split-adjusted basis. The overall share price has been steadily increasing over the past few years.</p>\n<p>In 2020, Tesla's global sales reached an all-time high of 499,550 units with a 35.8% increase over the previous year. Tesla broke the record for the greatest value of any American automaker after reaching a market capitalization of $86 billion on January 20th, 2020. Tesla shot up 743% in 2020 alone and their share price reached a peak of $900 at the start of this year.</p>\n<p>Since reaching that peak back in January, Tesla share prices have dropped by around 38%. Tesla shares have been down by about 16% so far this year. Tesla has definitely had its struggles but the company expects to increase its productivity and volume by 50% each year in the near future. Every stock has had its ups and downs but Tesla Motors has grown to become <a href=\"https://laohu8.com/S/AONE\">one</a> of the top electric car manufacturers in the world.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118677018","content_text":"Have you ever thought about what your returns would be today if you invested in Tesla Motors (NASDAQ: TSLA) 10 years ago? Tesla Motors is an American electric vehicle and clean energy company that was founded and incorporated on July 1, 2003, by Martin Eberhard and Marc Tarpenning. Elon Musk was an early investor in Tesla and has served as the CEO and product architect of Tesla Motors since 2008.\nThis company specializes in building electric cars, solar and integrated renewable energy solutions for homes and businesses. Tesla is the world's best-selling plug-in and battery electric passenger car manufacturer. Tesla Motors has headquartered in Palo Alto, California, and builds many of its vehicle components in-house, such as batteries, motors, and software.\nIn 2010 Tesla Motors purchased the Tesla factory for 42 million in Fremont California. Tesla went on to launch its first initial public offering (IPO) on NASDAQ on June 29, 2010. They issued 13.3 million shares of common stock for the public at a price of $17.00 per share.\nOn March 8th, 2011 Tesla shares were sold at an opening price of $4.92 per share. Now a decade later the Tesla share price has skyrocketed up to $563 per share. If you'd invested 1,000 in Tesla Motors, Inc. (TSLA) on March 7, 2011, today that investment would be worth $119,829.66. Your total profit from that investment today would equal $118,829.66 with an annual return of 61.26%.\nBack in August, they announced a stock split and since then share prices have increased by nearly 200% on a split-adjusted basis. The overall share price has been steadily increasing over the past few years.\nIn 2020, Tesla's global sales reached an all-time high of 499,550 units with a 35.8% increase over the previous year. Tesla broke the record for the greatest value of any American automaker after reaching a market capitalization of $86 billion on January 20th, 2020. Tesla shot up 743% in 2020 alone and their share price reached a peak of $900 at the start of this year.\nSince reaching that peak back in January, Tesla share prices have dropped by around 38%. Tesla shares have been down by about 16% so far this year. Tesla has definitely had its struggles but the company expects to increase its productivity and volume by 50% each year in the near future. Every stock has had its ups and downs but Tesla Motors has grown to become one of the top electric car manufacturers in the world.","news_type":1},"isVote":1,"tweetType":1,"viewCount":147,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":321897419,"gmtCreate":1615420220131,"gmtModify":1704782479402,"author":{"id":"3576648722811020","authorId":"3576648722811020","authorIdStr":"3576648722811020","name":"Rachael Lee","avatar":"https://static.tigerbbs.com/3b648156dc1928fb5287be1c64cfae97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576648722811020"},"themes":[],"htmlText":"Got hope?","listText":"Got hope?","text":"Got hope?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/321897419","repostId":"2118696039","repostType":4,"repost":{"id":"2118696039","pubTimestamp":1615388861,"share":"https://ttm.financial/m/news/2118696039?lang=&edition=fundamental","pubTime":"2021-03-10 23:07","market":"us","language":"en","title":"American Air Borrowing $10 Billion in Record Airline Debt Sale","url":"https://stock-news.laohu8.com/highlight/detail?id=2118696039","media":"Bloomberg","summary":"Combined size of bond, loan offering outweighs United, Delta\nDeal backed by frequent-flyer program w","content":"<ul>\n <li>Combined size of bond, loan offering outweighs United, Delta</li>\n <li>Deal backed by frequent-flyer program will repay Treasury loan</li>\n</ul>\n<p>American Airlines Group Inc.has boosted the size and cut borrowing costs on what’s now a $10 billion debt deal backed by its frequent-flyerprogram, making it the largest ever by an airline.</p>\n<p>The carrier is now selling $6.5 billion ofbondsand $3.5 billion ofloans, up from $5 billion and $2.5 billion, respectively, according to people familiar with the matter. Each of the bond tranches, which mature in five and eight years, may yield around 5.75% and 6%, respectively, lower than initial discussions in the low-to-high 6% range.</p>\n<p>The size of the combined bond and loan offering marks the largest-ever debt sale by an airline. American’s record deal surpasses Delta Air Lines Inc.’s $9 billionsalein September, and a $6.8 billiontransactionfrom United Airlines Holdings Inc.in June.</p>\n<p><img src=\"https://static.tigerbbs.com/f0a3c24bcf4f01a454329fb3498ac84f\" tg-width=\"1200\" tg-height=\"675\"></p>\n<p>All three used a special structure, pioneered by United, that backstops the debt with the company’s frequent-flyerprogram. Extracting value from rewards programs has become a critical lifeline for carriers that have faced disrupted air travel for more than a year due to the Covid-19 pandemic.</p>\n<p>Loyalty programs carry a lot of value -- around $18 billion to $30 billion, inAmerican’s case-- which in part contributes to higher credit ratings on such deals. That’s helped drive investor demand at a time when air traffic levels are still well below the norm. Moody’s Investors ServiceratesAmerican’s new bonds Ba2, or two steps below investment grade, while its corporate issuer rating is three notches lower.</p>\n<p><img src=\"https://static.tigerbbs.com/d3a4d0e12c2c9e2cb2e1dcb4e895c3d5\" tg-width=\"1200\" tg-height=\"675\"></p>\n<p>Proceeds from American’s offering will help refinance its $7.5 billion Treasury loan, of which $550 million has been drawn to date, according to an investorpresentationMonday. The remaining proceeds will be used for general corporate purposes.</p>\n<p>Books close on the bonds at 11 a.m. in New York on Wednesday, with pricing expected thereafter, the people added, asking not to be identified discussing a private transaction. Commitments on theloanhave been accelerated by one day to Wednesday.</p>\n<p>American is returning to the market at a ripe time for borrowers: Funding costs are athistorically low levelsand risk appetite has been soaring as investors rush to get their hands on higher-paying assets. The airline borrowed $2.5 billion in June at an&nbsp;all-in yieldof 12%.</p>\n<p></p>\n<p></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>American Air Borrowing $10 Billion in Record Airline Debt Sale</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\">\nAmerican Air Borrowing $10 Billion in Record Airline Debt Sale\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-10 23:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-10/american-air-boosts-debt-sale-to-10-billion-amid-strong-demand?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Combined size of bond, loan offering outweighs United, Delta\nDeal backed by frequent-flyer program will repay Treasury loan\n\nAmerican Airlines Group Inc.has boosted the size and cut borrowing costs on...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-10/american-air-boosts-debt-sale-to-10-billion-amid-strong-demand?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":{"UAL":"联合大陆航空","AAL":"美国航空"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-10/american-air-boosts-debt-sale-to-10-billion-amid-strong-demand?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118696039","content_text":"Combined size of bond, loan offering outweighs United, Delta\nDeal backed by frequent-flyer program will repay Treasury loan\n\nAmerican Airlines Group Inc.has boosted the size and cut borrowing costs on what’s now a $10 billion debt deal backed by its frequent-flyerprogram, making it the largest ever by an airline.\nThe carrier is now selling $6.5 billion ofbondsand $3.5 billion ofloans, up from $5 billion and $2.5 billion, respectively, according to people familiar with the matter. Each of the bond tranches, which mature in five and eight years, may yield around 5.75% and 6%, respectively, lower than initial discussions in the low-to-high 6% range.\nThe size of the combined bond and loan offering marks the largest-ever debt sale by an airline. American’s record deal surpasses Delta Air Lines Inc.’s $9 billionsalein September, and a $6.8 billiontransactionfrom United Airlines Holdings Inc.in June.\n\nAll three used a special structure, pioneered by United, that backstops the debt with the company’s frequent-flyerprogram. Extracting value from rewards programs has become a critical lifeline for carriers that have faced disrupted air travel for more than a year due to the Covid-19 pandemic.\nLoyalty programs carry a lot of value -- around $18 billion to $30 billion, inAmerican’s case-- which in part contributes to higher credit ratings on such deals. That’s helped drive investor demand at a time when air traffic levels are still well below the norm. Moody’s Investors ServiceratesAmerican’s new bonds Ba2, or two steps below investment grade, while its corporate issuer rating is three notches lower.\n\nProceeds from American’s offering will help refinance its $7.5 billion Treasury loan, of which $550 million has been drawn to date, according to an investorpresentationMonday. The remaining proceeds will be used for general corporate purposes.\nBooks close on the bonds at 11 a.m. in New York on Wednesday, with pricing expected thereafter, the people added, asking not to be identified discussing a private transaction. Commitments on theloanhave been accelerated by one day to Wednesday.\nAmerican is returning to the market at a ripe time for borrowers: Funding costs are athistorically low levelsand risk appetite has been soaring as investors rush to get their hands on higher-paying assets. The airline borrowed $2.5 billion in June at an all-in yieldof 12%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":280,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":323843132,"gmtCreate":1615334213526,"gmtModify":1704781230457,"author":{"id":"3576648722811020","authorId":"3576648722811020","authorIdStr":"3576648722811020","name":"Rachael Lee","avatar":"https://static.tigerbbs.com/3b648156dc1928fb5287be1c64cfae97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576648722811020"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/323843132","repostId":"1194586000","repostType":4,"repost":{"id":"1194586000","pubTimestamp":1615304958,"share":"https://ttm.financial/m/news/1194586000?lang=&edition=fundamental","pubTime":"2021-03-09 23:49","market":"us","language":"en","title":"Microsoft closes $7.5 billion Bethesda acquisition, aiming to take on Sony with exclusive games","url":"https://stock-news.laohu8.com/highlight/detail?id=1194586000","media":"cnbc","summary":"KEY POINTS\n\nMicrosoft has closed its $7.5 billion acquisition of ZeniMax, the parent company of Beth","content":"<div>\n<p>KEY POINTS\n\nMicrosoft has closed its $7.5 billion acquisition of ZeniMax, the parent company of Bethesda.\nMicrosoft confirmed that some new Bethesda games would be exclusive to Xbox consoles and PCs.\n...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/09/microsoft-closes-bethesda-acquisition-aiming-to-take-on-sony.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>Microsoft closes $7.5 billion Bethesda acquisition, aiming to take on Sony with exclusive games</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\">\nMicrosoft closes $7.5 billion Bethesda acquisition, aiming to take on Sony with exclusive games\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-09 23:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/09/microsoft-closes-bethesda-acquisition-aiming-to-take-on-sony.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nMicrosoft has closed its $7.5 billion acquisition of ZeniMax, the parent company of Bethesda.\nMicrosoft confirmed that some new Bethesda games would be exclusive to Xbox consoles and PCs.\n...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/09/microsoft-closes-bethesda-acquisition-aiming-to-take-on-sony.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"source_url":"https://www.cnbc.com/2021/03/09/microsoft-closes-bethesda-acquisition-aiming-to-take-on-sony.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1194586000","content_text":"KEY POINTS\n\nMicrosoft has closed its $7.5 billion acquisition of ZeniMax, the parent company of Bethesda.\nMicrosoft confirmed that some new Bethesda games would be exclusive to Xbox consoles and PCs.\nThe firm has often been seen as lagging behind Sony when it comes to major first-party releases.\n\nMicrosoft says it has closed its blockbuster acquisition of ZeniMax, the parent company of video game publisher Bethesda.\nThe company announced in September that it would buy ZeniMax for $7.5 billion in cash. It’s the biggest gaming acquisition in Microsoft’s history, eclipsing the $2.5 billion the firm paid to buy Minecraft developer Mojang in 2014.\nThe Bethesda deal’s completion comes days after the European Union and U.S. Securities and Exchange Commission gave the takeover their blessing. Bethesda is a household name in gaming. It’s published a number of hit franchises including the role-playing game series Fallout and The Elder Scrolls, and the Doom shooter franchise.\nIn a blog postTuesday, Microsoft confirmed rumors that some new Bethesda games would be exclusive to its Xbox console and Windows PCs.\n“With the addition of the Bethesda creative teams, gamers should know that Xbox consoles, PC, and Game Pass will be the best place to experience new Bethesda games, including some new titles in the future that will be exclusive to Xbox and PC players,” said Phil Spencer, head of Microsoft’s Xbox unit.\nSuch a move would ramp up Microsoft’s competition withSony. Both firms debuted their next-generation consoles last year, hoping to lure in gamers with the promise of big improvements on the older systems.\nMicrosoft took a different approach to Sony though, heavily marketing its Xbox Game Pass subscription service which offers players access to a library of games. Sony, on the other hand, is touting new PlayStation exclusives to attract gamers.\nWith Bethesda, Microsoft is hoping to build out Xbox Game Pass by including the Rockville, Maryland-based studio’s catalog of titles. But it also aims to convince people to play on its Xbox Series X and Xbox Series S platforms and PCs, rather than Sony’s new PlayStation 5.\nMicrosoft has often been seen as lagging behind Sony when it comes to major first-party releases. Xbox Game Studios’ highly anticipated new Halo game, Halo Infinite, was delayed until later this year after a backlash over quality issues in a reveal of the game.\nGaming has been a key beneficiary from the coronavirus pandemic as people have been spending more of their time at home. Major publishers like Microsoft’s Xbox Game Studios and Electronic Arts have looked to capitalize on that trend by using their huge cash piles to snap up smaller game developers.","news_type":1},"isVote":1,"tweetType":1,"viewCount":412,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":329786349,"gmtCreate":1615280966081,"gmtModify":1704780513390,"author":{"id":"3576648722811020","authorId":"3576648722811020","authorIdStr":"3576648722811020","name":"Rachael Lee","avatar":"https://static.tigerbbs.com/3b648156dc1928fb5287be1c64cfae97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576648722811020"},"themes":[],"htmlText":"How?","listText":"How?","text":"How?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/329786349","repostId":"1173183731","repostType":4,"repost":{"id":"1173183731","pubTimestamp":1615277110,"share":"https://ttm.financial/m/news/1173183731?lang=&edition=fundamental","pubTime":"2021-03-09 16:05","market":"sg","language":"en","title":"DBS joins JPMorgan, Barclays to endorse benefits of office work","url":"https://stock-news.laohu8.com/highlight/detail?id=1173183731","media":"Bloomberg","summary":"[SINGAPORE] DBS Group Holdings Ltd.'s Chief Executive Officer Piyush Gupta said employees need to so","content":"<p>[SINGAPORE] DBS Group Holdings Ltd.'s Chief Executive Officer Piyush Gupta said employees need to sometimes work from the office to develop a firm's identity.</p>\n<p>\"You need to build the soul of the company, and it's very hard to do that if everybody is always working from somewhere else,\" Mr Gupta, who runs Southeast Asia's largest bank, said in an interview with Bloomberg Television. \"So you need to bring people in from time to time.\" Mr Gupta's comments on the benefits of working from the office echo remarks from global counterparts including JPMorgan Chase &amp; Co's Jamie Dimon, who has said that working remotely for too long could decrease productivity and Barclays Plc CEO Jes Staley who expects his largely homebound bankers to return to their offices this year.</p>\n<p>DBS in November said all of its employees would be granted the flexibility to work remotely as much as 40 per cent of the time to address the changes brought about by the Covid-19 pandemic. The bank found that more than four in five of its 29,000 staff were able to work seamlessly remotely, it said at the time.</p>\n<p>Still, Mr Gupta said that companies are stronger when staff are also office based.</p>\n<p>\"At the end of the day, if you want to be a company, you need alignment of purpose, alignment of intent, you need a common culture,\" he said.</p>\n<p></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>DBS joins JPMorgan, Barclays to endorse benefits of office work</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\">\nDBS joins JPMorgan, Barclays to endorse benefits of office work\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-09 16:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/banking-finance/dbs-joins-jpmorgan-barclays-to-endorse-benefits-of-office-work><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>[SINGAPORE] DBS Group Holdings Ltd.'s Chief Executive Officer Piyush Gupta said employees need to sometimes work from the office to develop a firm's identity.\n\"You need to build the soul of the ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/banking-finance/dbs-joins-jpmorgan-barclays-to-endorse-benefits-of-office-work\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.businesstimes.com.sg/banking-finance/dbs-joins-jpmorgan-barclays-to-endorse-benefits-of-office-work","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173183731","content_text":"[SINGAPORE] DBS Group Holdings Ltd.'s Chief Executive Officer Piyush Gupta said employees need to sometimes work from the office to develop a firm's identity.\n\"You need to build the soul of the company, and it's very hard to do that if everybody is always working from somewhere else,\" Mr Gupta, who runs Southeast Asia's largest bank, said in an interview with Bloomberg Television. \"So you need to bring people in from time to time.\" Mr Gupta's comments on the benefits of working from the office echo remarks from global counterparts including JPMorgan Chase & Co's Jamie Dimon, who has said that working remotely for too long could decrease productivity and Barclays Plc CEO Jes Staley who expects his largely homebound bankers to return to their offices this year.\nDBS in November said all of its employees would be granted the flexibility to work remotely as much as 40 per cent of the time to address the changes brought about by the Covid-19 pandemic. The bank found that more than four in five of its 29,000 staff were able to work seamlessly remotely, it said at the time.\nStill, Mr Gupta said that companies are stronger when staff are also office based.\n\"At the end of the day, if you want to be a company, you need alignment of purpose, alignment of intent, you need a common culture,\" he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":74,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":328036236,"gmtCreate":1615474204725,"gmtModify":1704783315470,"author":{"id":"3576648722811020","authorId":"3576648722811020","authorIdStr":"3576648722811020","name":"Rachael Lee","avatar":"https://static.tigerbbs.com/3b648156dc1928fb5287be1c64cfae97","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576648722811020"},"themes":[],"htmlText":"Pls like &amp; comment","listText":"Pls like &amp; comment","text":"Pls like & 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