Kaceace personal page - To The Moon

Kaceace

Kaceace

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2021-08-24

Moon

Sorry, the original content has been removed

2021-07-28

Oh ok

Sorry, the original content has been removed

2021-07-27

Hcjioko

Snowflake: 5 Reasons Why It Is Truly Special

2021-07-26

Ok i see

4 Game-Changing Stocks That Can Turn $200,000 Into $1 Million (or More) in a Decade

2021-07-21

Oh

@美股研究社:【快訊】《消費者報告》稱，特斯拉(TSLA.O)在公共道路上使用的“完全自動駕駛”測試軟件缺乏安全措施。$特斯拉(TSLA)$

2021-07-15

Ok

Microsoft CEO Says Company on ‘Right Side’ of Antitrust Battle

2021-07-12

ok

@卡布斯说投资:在投資蔚來汽車後，我更加確認2020年-2021年是新能源股票的高峯期，截止目前，當我覆盤過去的投資決策，我發現我做的都是對的。

2021-06-21

Okay i see

Carnival: Ludicrous Mode

2021-06-21

Ah okay

U.S. Dollar Faces Volatile Week as Fed Policy Makers Line Up to Speak

2021-06-19

oh i see

@小虎综合资讯:愛回收登陸紐交所，首日掛牌開漲31.21%

2021-06-16

Like n comment

2021-06-14

Hello everyone

2021-06-13

Nice

Blue Origin auctions seat on first spaceflight with Jeff Bezos for $28 million

2021-06-12

yes i see//@Hopehope:Resending this article

@Hopehope赋予希望:11 June 2021: Tiger Brokers' Shortsellers go broke? Why?

2021-06-07

ahh okay

@小虎综合资讯:盤前異動：WSB概念股又嗨了，多隻明星中概股“病怏怏”

2021-06-02

Oh i see

AMC Stock Is Surging Again. How to Make Sense of the Move.

2021-05-26

hahahaha

@我就是阿硕:$Flanigans Enterprises Inc(BDL)$沒戲了，我掛50多一點點，傷心?

2021-05-24

I see

2021-05-22

Yes i think

2021-05-19

Yes do

Go to Tiger App to see more news

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ok","listText":"Oh ok","text":"Oh ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/803359124","repostId":"2154691065","repostType":4,"isVote":1,"tweetType":1,"viewCount":227,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809522213,"gmtCreate":1627380759732,"gmtModify":1703488780988,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577181668002271","authorIdStr":"3577181668002271"},"themes":[],"htmlText":"Hcjioko","listText":"Hcjioko","text":"Hcjioko","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/809522213","repostId":"1157314860","repostType":4,"repost":{"id":"1157314860","pubTimestamp":1627379639,"share":"https://ttm.financial/m/news/1157314860?lang=&edition=fundamental","pubTime":"2021-07-27 17:53","market":"us","language":"en","title":"Snowflake: 5 Reasons Why It Is Truly Special","url":"https://stock-news.laohu8.com/highlight/detail?id=1157314860","media":"seekingalpha","summary":"Summary\n\nSnowflake is the leading cloud-computing data warehouse company that will play an integral ","content":"<p><b>Summary</b></p>\n<ul>\n <li>Snowflake is the leading cloud-computing data warehouse company that will play an integral role in the future of Artificial Intelligence.</li>\n <li>This article discusses five key competitive advantages that make Snowflake unique and able to dominate its industry for an extensive period.</li>\n <li>Snowflake recently announced an ambitious plan of achieving $10B in Revenue by 2028. We evaluate the possibility and future growth estimates.</li>\n <li>I discuss the competitive dynamics and future risks for investors to watch for those looking into purchasing Snowflake.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/243b84d3fd988927c4b86e5b512afae0\" tg-width=\"1536\" tg-height=\"1025\" width=\"100%\" height=\"auto\"><span>amriphoto/iStock via Getty Images</span></p>\n<p><b>Thesis:</b></p>\n<p>Snowflake(NYSE:SNOW)founders have built a truly unique software product and a robust Go-To-Market strategy that will make it hard for competitors to replicate and take away their market share.</p>\n<p>Snowflake needs no introduction. They are a leading cloud-based computing-data warehousing provider that builds solutions for companies to store and run analytics/artificial intelligence on the cloud</p>\n<p>Some people will say that Snowflake's current valuation has priced in many of its future domination. However, if Snowflake continues to grow rapidly while maintaining its core competitive advantages, then they have a good chance of providing investors with a decent return.</p>\n<p>This article will evaluate their competitive advantage around the uniqueness of the product, platform optimization, the TAM, their best in class financials and management team.</p>\n<p><b>Introduction:</b></p>\n<p>At their recent conference, they recently announced an ambitious plan of achieving $10B in Revenue by 2028. This shows great confidence by management in their ability to sustain their competitive advantage over that period.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/818e9b6119fe734e015455a98e1611d0\" tg-width=\"640\" tg-height=\"344\" width=\"100%\" height=\"auto\"><span>Source: Snowflake Investor Relations</span></p>\n<p>Below are the operating models and the assumptions as they plan towards achieving that audacious goal by 2028.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ca9357623df4e55e00cc12f5c79646db\" tg-width=\"640\" tg-height=\"364\" width=\"100%\" height=\"auto\"><span>Source: Snowflake Investor Relations</span></p>\n<p>What made management so confident in providing such guidance many years ahead into future? I believe it has to do with management's confidence around the core product strengths. We will discuss five key competitive advantages that may provide us with a hint towards how Snowflake can archive this milestone.</p>\n<p><b>1. Vast Total Addressable Market Opportunity ahead with few Competitors:</b></p>\n<p>Snowflake estimates a $90B TAM for the data cloud, but this number could increase with the recent information that “<i>90% of all the data that has been created were done over the last two years.”</i>If all that data was created within the last two years, can you imagine what the opportunity looks like 10-years from now?</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9dcfef417212217b1442a8bc0ead54bb\" tg-width=\"640\" tg-height=\"360\" width=\"100%\" height=\"auto\"><span>Source: Snowflake Investor Relations</span></p>\n<p>Some of the major reasons for the growing TAM opportunities include:</p>\n<ul>\n <li>Data volume and digital footprints are rapidly growing</li>\n <li>Many companies moving their businesses to the cloud.</li>\n</ul>\n<p>As a result of the first two points, there is a high demand for data management and data sciences tools to capitalize on the opportunity. There are increasing needs for new database architectures to accommodate and keep up with the rising volume of customer data.</p>\n<p>Hence, compared to the Fintech industry where a large Total Addressable Market (TAM) has a low barrier to entry and invites numerous competitors, the data cloud industry TAM that Snowflake has carved out for itself truly allows them to capture enough of the TAM dollar opportunity with relatively few competitors. The primarily is due to the high barrier to entry of building a specialized technical software similar to Snowflake (or Databricks/Amazon Redshift).</p>\n<p><b>2. Uniqueness and Defensibility of the Product:</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a3d27d98fe1e663f4515fcabd0f28bb1\" tg-width=\"640\" tg-height=\"390\" width=\"100%\" height=\"auto\"><span>Source: Snowflake Investor Relations</span></p>\n<p><b>Platform moat:</b>Snowflake’s product was built in the cloud for companies on the cloud. The company has been able to provide a platform that centralizes all forms of the high volume of structured &amp; unstructured data in a centralized location (Data Warehouse &amp; Lake). Traditional companies like Teradata, Hadoop, Cloudera require on-prem infrastructure such as servers, databases, etc. However, Snowflake has built everything solely in the cloud to allow their customers store, manage, analyze, &amp; share data seamlessly.</p>\n<p><b>Software defensibility:</b>This concept is linked to the moat. Defensibility in my definition is the ability for a company to build a unique product, whether through a much more efficient process or system, and the product solves a problem in a differentiated way that is hard for competitors to replicate. The architecture of Snowflake’s platform has been purposely built in this manner. This is the reason they have been able to starve off 'strong' competitors over the last 10-years. Defensibility can drive customer loyalty and high stickiness as evidenced by Snowflake’s high retention metrics of 168%.</p>\n<p><b>Storage and Compute Optimization</b>: One of the unique features that Snowflake offers is the ability to separate storage and compute for customers. They have created one platform that serves multiple purposes. Customers can store their data on Snowflake’s cloud but choose not to utilize their computational products or vice-versa. In addition, Snowflake’s computational power is extremely strong and fast, managing a high amount of analytics workload while still providing best-in-class performance.</p>\n<p>In summary, when you combine the platform's uniqueness on the cloud, storage and compute differentiation and defensibility due to the inability to easily replicate the product. When you combine this together with a first-mover advantage, this enables a company to starve 'strong' competitors and allows for more revenue runway.</p>\n<p><b>3. Platform Innovation &amp; Optimization drives Scale:</b></p>\n<p>Snowflake has done a great job constantly reinventing and innovating on their product despite being the industry disruptor. One of the things to observe with Snowflake is the obsession with innovation. Recently, major platform improvements were discussed at their conference.</p>\n<p><b>Storage Compression Costs:</b>At the last quarterly result, Snowflake announced storage compression improvements. It was also announced that they have reduced storage costs for new data coming into their platform by 30%. I believe that customers are more likely to want to store their data on Snowflake’s platform moving forward due to this change. Computation speed has increased, making the platform 6x better with regards to improvements on query and throughput on a single compute cluster and 8x improvements in average query duration and high consistency for latency. In my previous company, I encountered challenges, and my colleagues did experience problems with how slow Microsoft SQL queries performed when you ran multiple or concurrent complex queries, but Snowflake offers a much faster compute power/speed capability.</p>\n<p>On the surface, it might appear that this improvement in computing power will reduce revenue (since snowflake makes money based on how much time consumers spend on the platform). But reflecting deeper, this situation allows Snowflake to reach scale efficiencies which is a core competitive advantage. The faster and smoother queries I can run, the more I will be more likely to utilize Snowflake’s platform and run more queries. I will assume that more companies will be increasing workloads and bringing more items to snowflake’s platform due to the performance improvements/speed at a cost that fits their budget. The company is also working on developing a chip technology that will massively improve performance for customers, but we are waiting to obtain more information on this product. The marginal scale efficiencies here will benefit Snowflake.</p>\n<p><b>The usage-based model drives customer Autonomy:</b>Snowflake has optimized its platform performance to provide efficiencies in billing customers. Customers are guaranteed that they are not going to have any idle time wasted on the platform. Customers pay for only what they need and use. Snowflake provides strong analytics and data as usage evidence to their customers. This is unlike Amazon AWS where the customer pays whatever bill is presented, regardless of how much time they have spent on the platform. There are some nuances here too.</p>\n<p>Based on the usage-based model, customers have full autonomy on the price they pay vs the performance they receive. For example, In the case of a customer who may not use snowflake’s platform in the summer months compared to higher usage in the Fall/Winter, if they want to save more money upfront - they would be more likely to sign up on Snowflake's platform because they are guaranteed they would have a much lower bill as compared to Amazon AWS. Customers can adjust usage to how best they want it. On the other hand, customers who pay a lesser amount will accept that their queries and requests take longer. Customers can decide to pay snowflake more money, to get faster speed performance. Business customers have better control and autonomy in how they utilize the platform.</p>\n<p><b>Optimizing the time-to-value for customers:</b>The biggest challenge for businesses trying to use the Snowflake platform is the length of time it takes to get Snowflake up and running, because of the extensive data migration from companies with an on-prem legacy system, moving all that data into the cloud. The average company on the Snowflake platform takes around 249-days before consuming snowflake’s product. The length of time has now been reduced to 212-days. Now imagine, if it takes a company more than 200+ days to patiently migrate data into Snowflake’s cloud, do you think that such customers will easily churn after a few months? I doubt it. Hence, companies that are signing up conduct extensive due diligence before making the decision. This is a major strength for Snowflake because customers who have signed up are more than likely going to last on the platform for multiple years. Snowflake has improved its platform optimization to deliver more value to its customer base. Although a higher time period to use a product leads to high Customer Acquisition Costs, in snowflake's case, it is a strong moat that customers are willing to wait so long. It means they will last longer on the platform and it will be very hard to churn.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2eb1b69e71391c44e6ac1f70f2c6e635\" tg-width=\"640\" tg-height=\"318\" width=\"100%\" height=\"auto\"><span>Source: Snowflake Investor Relations.</span></p>\n<p><b>Flexibility and Usage-based business model</b>: The flexibility based on the usage-based business model has continued to translate into a major strength for Snowflake. Companies can consume based on their contracted capacity during a contract period. A company may decide to roll over unused capacity to future periods.</p>\n<p>To summarize this third point, the usage-based business model, the combination of innovation that keeps driving down the cost of the platform relative to its higher effectiveness, the autonomy that customers receive, and the optimization of value is truly one of the unique competitive advantages that snowflake continues to hold over the competition.</p>\n<p><b>4. Building a powerful ecosystem and empire around the data cloud</b></p>\n<p>I believe Snowflake’s long-term ambition is to control a large empire of the entire data analytics and Artificial Intelligence space. For example, Amazon AWS has been built in such a way that almost a third (1/3rd) of the entire technology market today touches or is somewhat connected to AWS. Similarly with Microsoft Office suite, in Corporate America, it is difficult to not interact with a Microsoft product.</p>\n<p>I believe that Snowflake’s long-term goal is to be embedded within the entire Data Analytics and AI ecosystem. Below are a few pointers:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/65b01f8df1a2df85043f55b601a82e7f\" tg-width=\"640\" tg-height=\"200\" width=\"100%\" height=\"auto\"><span>Source: Snowflake Investor Relations</span></p>\n<p><b>Building strong partnerships with Data Universe Partners</b>: As mentioned, Snowflake has established many partnerships with major players across the entire Data Analytics spectrum - from integration to data visualization partners. They have mentioned it several times and it is clear; they would like to control a major component of the entire space. As a result of becoming an ecosystem that every company running ML and AI computation would eventually touch, this will increase the long-term viability and stickiness of the platform. As part of building the ecosystem, has established major partnerships with companies like Deloitte. Consulting firms discussing digital transformation with large corporations can now discuss Snowflake as part of the engagement. It was recently announced at the last quarterly call that Snowflake has surpassed over $100M in deal flow with Deloitte. Snowflake's aim is to be the central nervous system and unified systems within the Data Ecosystem and that includes winning system integrators.</p>\n<p><b>Marketplace and Data Programmability Building on Snowflake:</b></p>\n<p>Snowparkis a new data programmability system that has been built to provide developers with an API for building applications or querying/analyzing data on Snowflake’s Cloud platform.</p>\n<p>The goal is to automate data pipelines making programmability easy. It allows for integration with Microsoft SQL so that developers can use SQL to easily program or run codes within the platform.</p>\n<p>The ability for developers, data scientists, and data engineers to seamlessly integrate with Snowflake’s platform will be game-changing. Companies or individuals can now utilize Snowflake’s partner program to help build, market, and operate applications in the snowflake Data Cloud bringing in a lot of future potential. In the near future, creative entrepreneurs can build truly successful products (or even companies) on Snowflake’s platform, elevating its brand and value.</p>\n<p><b>Snowflake Marketplace:</b>As we are aware, Snowflake runs a marketplace where companies can share and monetize data across clouds and regions and have more relationships with business units, partners, and customers.</p>\n<p>At their most recent conference, Snowflake announced massive improvements to the payment processing capability of this marketplace. Companies can easily make transactions on Snowflake’s platform. Snowflake thereby generates revenue based on take-rates on every transaction, similar to a marketplace business model.</p>\n<p>The last point here is that Snowflake is focusing on becoming more industry-centric rather than purely customer-centric. In the sense that the company is focusing more on understanding the data needs of major industries and thereby catering to products that meet the needs of those industries.</p>\n<p><b>5. Best in Class Management Team &amp; Financial Metrics:</b></p>\n<p>One of the most unique asset of every company is the Founders and Leaders. The Founders of Snowflake were previous Oracle employees and specifically, they were \"data warehousing\" and Data Architect experts: Benoit Dageville, Thierry Cruanes and Marcin Żukowski. They knew the ins and outs, and the challenges with on-prem data storage infrastructure. They were able to turn the data world on its head by building a product that was solely for the cloud due to their knowledge.</p>\n<p>In 2019, they were hired Frank Slootman. Frank is a highly respected and well-versed CEO within technology. As many people know, Frank took over a small company in 2003, doubled the company's revenue, and took them towards an IPO in 2007.</p>\n<p>Secondly, he joined ServiceNow in its early days when they were generating only about &lt;$100M in revenue and quadrupled their revenue to over $2.6B eventually taking them public and retiring.</p>\n<p>In summary, Frank Slootman is an executor and someone who delivers results. He is a unique CEO that has been placed at the right time for Snowflake. This&nbsp;article&nbsp;breaks down why he is special: The Outsider: How CEO-For-Hire Frank Slootman Turned Snowflake Into Software's Biggest-Ever IPO</p>\n<p><b>Financials:</b></p>\n<p>Snowflake has some of the best ever seen financial metrics in the SaaS Industry. Below are a few highlights of their financials:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8727ba421dab01c8d569bf5045926039\" tg-width=\"640\" tg-height=\"337\" width=\"100%\" height=\"auto\"><span>Source: Snowflake Investor Relations</span></p>\n<p>Below are more important metrics:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/def281fb5281a940aecbac7bf74a4278\" tg-width=\"405\" tg-height=\"389\" width=\"100%\" height=\"auto\"><span>Source: Author - Investi Analyst</span></p>\n<p><b>Valuation and Future Metrics:</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/75edbb94dd1c58ff092936d7ccc9694c\" tg-width=\"640\" tg-height=\"321\" width=\"100%\" height=\"auto\"><span>Source: Clouded Judgement</span></p>\n<p>On a high level, it has been much talked about that Snowflake is overvalued. The company is currently trading at EV/ 2021 Sales of 58x.</p>\n<p>There are a few metrics to justify the valuation. They are currently the market leader within an industry with relatively few strong competitors. The company has been growing consistently at a rate of over 100% within a TAM industry that continues to increase. They have improved Gross Margins from the 50% to now 70%. Operating Leverage is gradually showing on its bottom-line margins.</p>\n<p>Snowflake has one of the highest ever dollar-based net retention and expansion rate at 168%, arguably one of the highest DBNER within the SaaS industry. Customers realize that they can run multiple clusters and workloads at the same time. The loyalty of customers gives us some visibility into future revenue.</p>\n<p><b>Biggest Risks - Competition:</b></p>\n<p>Snowflake’s ability to hold its premium valuation relative to its growth for an extensive period will be key for investors to make money on this stock. The competitive landscape will become the biggest risk for investors to watch.</p>\n<p><b>1. Amazon’s Redshift</b>is lacking behind Snowflake because they do not have some of the unique features that Snowflake offers around flexibility/ optimization for data storage and computational analytics. Many people prefer Snowflake because of the pay-as-you-go package and the fact that customers are charged based on strictly business and technical needs. There are many other reasons Snowflake is outpacing Redshift, but recently Amazon Redshift has been making major updates to its platform and library. Snowflake is dependent on Amazon AWS for the cloud. If Amazon prioritizes and invests significantly in Redshift, it can catch up with Snowflake because Amazon already controls many of the workloads of most enterprises.</p>\n<p><b>2. Databricks and Its Impending IPO:</b>Databricks is a data science tooling software making massive improvements to their data cloud warehouse as well as their computational capabilities to catch up to Snowflake. If they did IPO or continue to make significant enhancements, this could lead to multiple compression for Snowflake.</p>\n<p><b>3. Slowing Customer Growth Momentum</b>: Snowflake currently has around 4500 general customer base. On a Quarter-over-Quarter, their Fortune 500 customers growth slowed down dramatically as they only added one customer last quarter.</p>\n<p>In general, their customer growth rate is slowing down. While this is not a problem, it is something that investors should keep watching and monitoring.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/287c587c7732dee4e6581e3f6880a2be\" tg-width=\"640\" tg-height=\"360\" width=\"100%\" height=\"auto\"><span>Source: Snowflake Investor Relations</span></p>\n<p><b>Pre-Earnings Expectations:</b></p>\n<p>Below are Analyst’s estimates for Snowflake:</p>\n<p>As Snowflake faces very difficult comps against last year, this earnings report will play a major role in determining if their valuation multiple continues to expand or compress moving forward.</p>\n<p>Customer growth will be very important. Last quarter, they only grew by one customer amongst Fortune 500 Companies on a QoQ basis in Q1 FY 2022 Earnings. Investors will be watching these metrics closely and will provide a projection into future revenue expectations.</p>\n<p><b>Annual Revenue Growth:</b></p>\n<p>Below are the current estimates by Analysts:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/83e32e0275bec6c0c313c9f4a244bd9b\" tg-width=\"640\" tg-height=\"225\" width=\"100%\" height=\"auto\"><span>Source: Koyfin/Wall Street Estimates</span></p>\n<p><b>Quarterly Revenue Growth:</b></p>\n<p>By next quarter, they are expected to deliver over $256M while facing tough comps.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/090dd266e206c4606d700b0b8ab488ed\" tg-width=\"574\" tg-height=\"281\" width=\"100%\" height=\"auto\"><span>Source: Seeking Alpha Estimates</span></p>\n<p><b>A Glimpse into the Future:</b></p>\n<p>Enterprise Technology Research firm conducted a recent Q1 2021 research amongst major Global Enterprise Companies (over 1500+ Organizations) to ask about their future spending intentions on Databases/Data Warehouse.</p>\n<p>As can be seen on the y-axis (net score represents the future spending momentum and it is calculated using dollar-figures), but ETR uses a net score to summarize it and on the x-axis, that represents the existing market share of the database market.</p>\n<p>In summary, the chart below shows that Snowflake has the highest spending momentum (companies are planning to spend more on the platform), but they have a low market-share as at today. This proves that Snowflake has so much more room to run into the future to gain more market share of this market.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5684bbfe5ff5f7be8caa27669cc6b8c0\" tg-width=\"640\" tg-height=\"351\" width=\"100%\" height=\"auto\"><span>Source: ETR Research/SiliconANGLE theCUBE</span></p>\n<p>Below were survey questions that were asked to companies: Overwhelming almost all the companies said that they are planning to increase their adoption and 0% said they plan to drop the product.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5d34a8f72f3d995dfbb7a3ba62974da9\" tg-width=\"640\" tg-height=\"351\" width=\"100%\" height=\"auto\"><span>Source: ETR Research/SiliconANGLE theCUBE</span></p>\n<p><b>Institutional Ownership keeps increasing:</b></p>\n<p>Below are snapshots that I wanted to show investors. As you can see below, major institutions such as Hedge Funds, ETF, Mutual Funds are increasing their ownership of Snowflake stocks (despite its premium valuation).</p>\n<p>This shows that big money investors have confidence in Snowflake's future and long growth runway ahead.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e3b6fceb59d1600cd67295f9dea32731\" tg-width=\"303\" tg-height=\"444\" width=\"100%\" height=\"auto\"><span>Source: IBD Marketsmith/Funds Holding</span></p>\n<p><b>Some personal experiences:</b>The reason my former company ultimately chose Snowflake over AWS Redshift or Microsoft Azure was because of the turnkey approach of Snowflake. Snowflake made it incredibly easy to access/use the platform and handled all the maintenance services. All customers had to worry about was transitioning data and performing analytics on them.</p>\n<p>The second reason had to do with flexibility. The ability to manage your compute needs and storage needs differently were invaluable. Hence, even though getting on the platform was expensive and took over 200+ days, it was worth it over the long-term, we were able to control costs and pay-only-as-we-use.</p>\n<p><b>Summary and Conclusion:</b></p>\n<p>To summarize this article, there are five major competitive advantages and moats that Snowflake holds:</p>\n<p>First, the vast market potential for Data Analytics with relatively few competitors, Secondly, the uniqueness and defensibility of the product. Third, the platform innovation and optimization driving marginal scale efficiencies as workloads increase on the platform. Fourth, the building of a powerful ecosystem and empire around the data cloud through partnerships, data programmability, data sharing on the marketplace, and merging industries. and Lastly, the Best in Class Financials and Management Team.</p>\n<p>Overall, Snowflake is still the preferred leader within their category. Snowflake is an interesting company that will continue to play a major role in the ongoing digital disruption of enterprises moving into the Cloud. They will also be integrated as AI and Data Analytics continues to play a crucial role for companies all over the world.</p>\n<p>The big question for investors to continue to reflect upon is if Snowflake can continue to sustain its premium valuation for the next 3-5 years especially as Databricks and Amazon Redshift continue to gain traction. Investors would want to monitor and track the competitive landscape because I believe the competitive dynamics may be the future biggest risk.</p>\n<p>I will continue to follow and track developments with Snowflake. Please tell me in the comments section, what do you see as the biggest risk to the Snowflake story, and have you invested in the stock?</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Snowflake: 5 Reasons Why It Is Truly Special</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\">\nSnowflake: 5 Reasons Why It Is Truly Special\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-27 17:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4441421-snowflake-five-reasons-why-it-is-truly-special><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nSnowflake is the leading cloud-computing data warehouse company that will play an integral role in the future of Artificial Intelligence.\nThis article discusses five key competitive ...</p>\n\n<a href=\"https://seekingalpha.com/article/4441421-snowflake-five-reasons-why-it-is-truly-special\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNOW":"Snowflake"},"source_url":"https://seekingalpha.com/article/4441421-snowflake-five-reasons-why-it-is-truly-special","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157314860","content_text":"Summary\n\nSnowflake is the leading cloud-computing data warehouse company that will play an integral role in the future of Artificial Intelligence.\nThis article discusses five key competitive advantages that make Snowflake unique and able to dominate its industry for an extensive period.\nSnowflake recently announced an ambitious plan of achieving $10B in Revenue by 2028. We evaluate the possibility and future growth estimates.\nI discuss the competitive dynamics and future risks for investors to watch for those looking into purchasing Snowflake.\n\namriphoto/iStock via Getty Images\nThesis:\nSnowflake(NYSE:SNOW)founders have built a truly unique software product and a robust Go-To-Market strategy that will make it hard for competitors to replicate and take away their market share.\nSnowflake needs no introduction. They are a leading cloud-based computing-data warehousing provider that builds solutions for companies to store and run analytics/artificial intelligence on the cloud\nSome people will say that Snowflake's current valuation has priced in many of its future domination. However, if Snowflake continues to grow rapidly while maintaining its core competitive advantages, then they have a good chance of providing investors with a decent return.\nThis article will evaluate their competitive advantage around the uniqueness of the product, platform optimization, the TAM, their best in class financials and management team.\nIntroduction:\nAt their recent conference, they recently announced an ambitious plan of achieving $10B in Revenue by 2028. This shows great confidence by management in their ability to sustain their competitive advantage over that period.\nSource: Snowflake Investor Relations\nBelow are the operating models and the assumptions as they plan towards achieving that audacious goal by 2028.\nSource: Snowflake Investor Relations\nWhat made management so confident in providing such guidance many years ahead into future? I believe it has to do with management's confidence around the core product strengths. We will discuss five key competitive advantages that may provide us with a hint towards how Snowflake can archive this milestone.\n1. Vast Total Addressable Market Opportunity ahead with few Competitors:\nSnowflake estimates a $90B TAM for the data cloud, but this number could increase with the recent information that “90% of all the data that has been created were done over the last two years.”If all that data was created within the last two years, can you imagine what the opportunity looks like 10-years from now?\nSource: Snowflake Investor Relations\nSome of the major reasons for the growing TAM opportunities include:\n\nData volume and digital footprints are rapidly growing\nMany companies moving their businesses to the cloud.\n\nAs a result of the first two points, there is a high demand for data management and data sciences tools to capitalize on the opportunity. There are increasing needs for new database architectures to accommodate and keep up with the rising volume of customer data.\nHence, compared to the Fintech industry where a large Total Addressable Market (TAM) has a low barrier to entry and invites numerous competitors, the data cloud industry TAM that Snowflake has carved out for itself truly allows them to capture enough of the TAM dollar opportunity with relatively few competitors. The primarily is due to the high barrier to entry of building a specialized technical software similar to Snowflake (or Databricks/Amazon Redshift).\n2. Uniqueness and Defensibility of the Product:\nSource: Snowflake Investor Relations\nPlatform moat:Snowflake’s product was built in the cloud for companies on the cloud. The company has been able to provide a platform that centralizes all forms of the high volume of structured & unstructured data in a centralized location (Data Warehouse & Lake). Traditional companies like Teradata, Hadoop, Cloudera require on-prem infrastructure such as servers, databases, etc. However, Snowflake has built everything solely in the cloud to allow their customers store, manage, analyze, & share data seamlessly.\nSoftware defensibility:This concept is linked to the moat. Defensibility in my definition is the ability for a company to build a unique product, whether through a much more efficient process or system, and the product solves a problem in a differentiated way that is hard for competitors to replicate. The architecture of Snowflake’s platform has been purposely built in this manner. This is the reason they have been able to starve off 'strong' competitors over the last 10-years. Defensibility can drive customer loyalty and high stickiness as evidenced by Snowflake’s high retention metrics of 168%.\nStorage and Compute Optimization: One of the unique features that Snowflake offers is the ability to separate storage and compute for customers. They have created one platform that serves multiple purposes. Customers can store their data on Snowflake’s cloud but choose not to utilize their computational products or vice-versa. In addition, Snowflake’s computational power is extremely strong and fast, managing a high amount of analytics workload while still providing best-in-class performance.\nIn summary, when you combine the platform's uniqueness on the cloud, storage and compute differentiation and defensibility due to the inability to easily replicate the product. When you combine this together with a first-mover advantage, this enables a company to starve 'strong' competitors and allows for more revenue runway.\n3. Platform Innovation & Optimization drives Scale:\nSnowflake has done a great job constantly reinventing and innovating on their product despite being the industry disruptor. One of the things to observe with Snowflake is the obsession with innovation. Recently, major platform improvements were discussed at their conference.\nStorage Compression Costs:At the last quarterly result, Snowflake announced storage compression improvements. It was also announced that they have reduced storage costs for new data coming into their platform by 30%. I believe that customers are more likely to want to store their data on Snowflake’s platform moving forward due to this change. Computation speed has increased, making the platform 6x better with regards to improvements on query and throughput on a single compute cluster and 8x improvements in average query duration and high consistency for latency. In my previous company, I encountered challenges, and my colleagues did experience problems with how slow Microsoft SQL queries performed when you ran multiple or concurrent complex queries, but Snowflake offers a much faster compute power/speed capability.\nOn the surface, it might appear that this improvement in computing power will reduce revenue (since snowflake makes money based on how much time consumers spend on the platform). But reflecting deeper, this situation allows Snowflake to reach scale efficiencies which is a core competitive advantage. The faster and smoother queries I can run, the more I will be more likely to utilize Snowflake’s platform and run more queries. I will assume that more companies will be increasing workloads and bringing more items to snowflake’s platform due to the performance improvements/speed at a cost that fits their budget. The company is also working on developing a chip technology that will massively improve performance for customers, but we are waiting to obtain more information on this product. The marginal scale efficiencies here will benefit Snowflake.\nThe usage-based model drives customer Autonomy:Snowflake has optimized its platform performance to provide efficiencies in billing customers. Customers are guaranteed that they are not going to have any idle time wasted on the platform. Customers pay for only what they need and use. Snowflake provides strong analytics and data as usage evidence to their customers. This is unlike Amazon AWS where the customer pays whatever bill is presented, regardless of how much time they have spent on the platform. There are some nuances here too.\nBased on the usage-based model, customers have full autonomy on the price they pay vs the performance they receive. For example, In the case of a customer who may not use snowflake’s platform in the summer months compared to higher usage in the Fall/Winter, if they want to save more money upfront - they would be more likely to sign up on Snowflake's platform because they are guaranteed they would have a much lower bill as compared to Amazon AWS. Customers can adjust usage to how best they want it. On the other hand, customers who pay a lesser amount will accept that their queries and requests take longer. Customers can decide to pay snowflake more money, to get faster speed performance. Business customers have better control and autonomy in how they utilize the platform.\nOptimizing the time-to-value for customers:The biggest challenge for businesses trying to use the Snowflake platform is the length of time it takes to get Snowflake up and running, because of the extensive data migration from companies with an on-prem legacy system, moving all that data into the cloud. The average company on the Snowflake platform takes around 249-days before consuming snowflake’s product. The length of time has now been reduced to 212-days. Now imagine, if it takes a company more than 200+ days to patiently migrate data into Snowflake’s cloud, do you think that such customers will easily churn after a few months? I doubt it. Hence, companies that are signing up conduct extensive due diligence before making the decision. This is a major strength for Snowflake because customers who have signed up are more than likely going to last on the platform for multiple years. Snowflake has improved its platform optimization to deliver more value to its customer base. Although a higher time period to use a product leads to high Customer Acquisition Costs, in snowflake's case, it is a strong moat that customers are willing to wait so long. It means they will last longer on the platform and it will be very hard to churn.\nSource: Snowflake Investor Relations.\nFlexibility and Usage-based business model: The flexibility based on the usage-based business model has continued to translate into a major strength for Snowflake. Companies can consume based on their contracted capacity during a contract period. A company may decide to roll over unused capacity to future periods.\nTo summarize this third point, the usage-based business model, the combination of innovation that keeps driving down the cost of the platform relative to its higher effectiveness, the autonomy that customers receive, and the optimization of value is truly one of the unique competitive advantages that snowflake continues to hold over the competition.\n4. Building a powerful ecosystem and empire around the data cloud\nI believe Snowflake’s long-term ambition is to control a large empire of the entire data analytics and Artificial Intelligence space. For example, Amazon AWS has been built in such a way that almost a third (1/3rd) of the entire technology market today touches or is somewhat connected to AWS. Similarly with Microsoft Office suite, in Corporate America, it is difficult to not interact with a Microsoft product.\nI believe that Snowflake’s long-term goal is to be embedded within the entire Data Analytics and AI ecosystem. Below are a few pointers:\nSource: Snowflake Investor Relations\nBuilding strong partnerships with Data Universe Partners: As mentioned, Snowflake has established many partnerships with major players across the entire Data Analytics spectrum - from integration to data visualization partners. They have mentioned it several times and it is clear; they would like to control a major component of the entire space. As a result of becoming an ecosystem that every company running ML and AI computation would eventually touch, this will increase the long-term viability and stickiness of the platform. As part of building the ecosystem, has established major partnerships with companies like Deloitte. Consulting firms discussing digital transformation with large corporations can now discuss Snowflake as part of the engagement. It was recently announced at the last quarterly call that Snowflake has surpassed over $100M in deal flow with Deloitte. Snowflake's aim is to be the central nervous system and unified systems within the Data Ecosystem and that includes winning system integrators.\nMarketplace and Data Programmability Building on Snowflake:\nSnowparkis a new data programmability system that has been built to provide developers with an API for building applications or querying/analyzing data on Snowflake’s Cloud platform.\nThe goal is to automate data pipelines making programmability easy. It allows for integration with Microsoft SQL so that developers can use SQL to easily program or run codes within the platform.\nThe ability for developers, data scientists, and data engineers to seamlessly integrate with Snowflake’s platform will be game-changing. Companies or individuals can now utilize Snowflake’s partner program to help build, market, and operate applications in the snowflake Data Cloud bringing in a lot of future potential. In the near future, creative entrepreneurs can build truly successful products (or even companies) on Snowflake’s platform, elevating its brand and value.\nSnowflake Marketplace:As we are aware, Snowflake runs a marketplace where companies can share and monetize data across clouds and regions and have more relationships with business units, partners, and customers.\nAt their most recent conference, Snowflake announced massive improvements to the payment processing capability of this marketplace. Companies can easily make transactions on Snowflake’s platform. Snowflake thereby generates revenue based on take-rates on every transaction, similar to a marketplace business model.\nThe last point here is that Snowflake is focusing on becoming more industry-centric rather than purely customer-centric. In the sense that the company is focusing more on understanding the data needs of major industries and thereby catering to products that meet the needs of those industries.\n5. Best in Class Management Team & Financial Metrics:\nOne of the most unique asset of every company is the Founders and Leaders. The Founders of Snowflake were previous Oracle employees and specifically, they were \"data warehousing\" and Data Architect experts: Benoit Dageville, Thierry Cruanes and Marcin Żukowski. They knew the ins and outs, and the challenges with on-prem data storage infrastructure. They were able to turn the data world on its head by building a product that was solely for the cloud due to their knowledge.\nIn 2019, they were hired Frank Slootman. Frank is a highly respected and well-versed CEO within technology. As many people know, Frank took over a small company in 2003, doubled the company's revenue, and took them towards an IPO in 2007.\nSecondly, he joined ServiceNow in its early days when they were generating only about <$100M in revenue and quadrupled their revenue to over $2.6B eventually taking them public and retiring.\nIn summary, Frank Slootman is an executor and someone who delivers results. He is a unique CEO that has been placed at the right time for Snowflake. This article breaks down why he is special: The Outsider: How CEO-For-Hire Frank Slootman Turned Snowflake Into Software's Biggest-Ever IPO\nFinancials:\nSnowflake has some of the best ever seen financial metrics in the SaaS Industry. Below are a few highlights of their financials:\nSource: Snowflake Investor Relations\nBelow are more important metrics:\nSource: Author - Investi Analyst\nValuation and Future Metrics:\nSource: Clouded Judgement\nOn a high level, it has been much talked about that Snowflake is overvalued. The company is currently trading at EV/ 2021 Sales of 58x.\nThere are a few metrics to justify the valuation. They are currently the market leader within an industry with relatively few strong competitors. The company has been growing consistently at a rate of over 100% within a TAM industry that continues to increase. They have improved Gross Margins from the 50% to now 70%. Operating Leverage is gradually showing on its bottom-line margins.\nSnowflake has one of the highest ever dollar-based net retention and expansion rate at 168%, arguably one of the highest DBNER within the SaaS industry. Customers realize that they can run multiple clusters and workloads at the same time. The loyalty of customers gives us some visibility into future revenue.\nBiggest Risks - Competition:\nSnowflake’s ability to hold its premium valuation relative to its growth for an extensive period will be key for investors to make money on this stock. The competitive landscape will become the biggest risk for investors to watch.\n1. Amazon’s Redshiftis lacking behind Snowflake because they do not have some of the unique features that Snowflake offers around flexibility/ optimization for data storage and computational analytics. Many people prefer Snowflake because of the pay-as-you-go package and the fact that customers are charged based on strictly business and technical needs. There are many other reasons Snowflake is outpacing Redshift, but recently Amazon Redshift has been making major updates to its platform and library. Snowflake is dependent on Amazon AWS for the cloud. If Amazon prioritizes and invests significantly in Redshift, it can catch up with Snowflake because Amazon already controls many of the workloads of most enterprises.\n2. Databricks and Its Impending IPO:Databricks is a data science tooling software making massive improvements to their data cloud warehouse as well as their computational capabilities to catch up to Snowflake. If they did IPO or continue to make significant enhancements, this could lead to multiple compression for Snowflake.\n3. Slowing Customer Growth Momentum: Snowflake currently has around 4500 general customer base. On a Quarter-over-Quarter, their Fortune 500 customers growth slowed down dramatically as they only added one customer last quarter.\nIn general, their customer growth rate is slowing down. While this is not a problem, it is something that investors should keep watching and monitoring.\nSource: Snowflake Investor Relations\nPre-Earnings Expectations:\nBelow are Analyst’s estimates for Snowflake:\nAs Snowflake faces very difficult comps against last year, this earnings report will play a major role in determining if their valuation multiple continues to expand or compress moving forward.\nCustomer growth will be very important. Last quarter, they only grew by one customer amongst Fortune 500 Companies on a QoQ basis in Q1 FY 2022 Earnings. Investors will be watching these metrics closely and will provide a projection into future revenue expectations.\nAnnual Revenue Growth:\nBelow are the current estimates by Analysts:\nSource: Koyfin/Wall Street Estimates\nQuarterly Revenue Growth:\nBy next quarter, they are expected to deliver over $256M while facing tough comps.\nSource: Seeking Alpha Estimates\nA Glimpse into the Future:\nEnterprise Technology Research firm conducted a recent Q1 2021 research amongst major Global Enterprise Companies (over 1500+ Organizations) to ask about their future spending intentions on Databases/Data Warehouse.\nAs can be seen on the y-axis (net score represents the future spending momentum and it is calculated using dollar-figures), but ETR uses a net score to summarize it and on the x-axis, that represents the existing market share of the database market.\nIn summary, the chart below shows that Snowflake has the highest spending momentum (companies are planning to spend more on the platform), but they have a low market-share as at today. This proves that Snowflake has so much more room to run into the future to gain more market share of this market.\nSource: ETR Research/SiliconANGLE theCUBE\nBelow were survey questions that were asked to companies: Overwhelming almost all the companies said that they are planning to increase their adoption and 0% said they plan to drop the product.\nSource: ETR Research/SiliconANGLE theCUBE\nInstitutional Ownership keeps increasing:\nBelow are snapshots that I wanted to show investors. As you can see below, major institutions such as Hedge Funds, ETF, Mutual Funds are increasing their ownership of Snowflake stocks (despite its premium valuation).\nThis shows that big money investors have confidence in Snowflake's future and long growth runway ahead.\nSource: IBD Marketsmith/Funds Holding\nSome personal experiences:The reason my former company ultimately chose Snowflake over AWS Redshift or Microsoft Azure was because of the turnkey approach of Snowflake. Snowflake made it incredibly easy to access/use the platform and handled all the maintenance services. All customers had to worry about was transitioning data and performing analytics on them.\nThe second reason had to do with flexibility. The ability to manage your compute needs and storage needs differently were invaluable. Hence, even though getting on the platform was expensive and took over 200+ days, it was worth it over the long-term, we were able to control costs and pay-only-as-we-use.\nSummary and Conclusion:\nTo summarize this article, there are five major competitive advantages and moats that Snowflake holds:\nFirst, the vast market potential for Data Analytics with relatively few competitors, Secondly, the uniqueness and defensibility of the product. Third, the platform innovation and optimization driving marginal scale efficiencies as workloads increase on the platform. Fourth, the building of a powerful ecosystem and empire around the data cloud through partnerships, data programmability, data sharing on the marketplace, and merging industries. and Lastly, the Best in Class Financials and Management Team.\nOverall, Snowflake is still the preferred leader within their category. Snowflake is an interesting company that will continue to play a major role in the ongoing digital disruption of enterprises moving into the Cloud. They will also be integrated as AI and Data Analytics continues to play a crucial role for companies all over the world.\nThe big question for investors to continue to reflect upon is if Snowflake can continue to sustain its premium valuation for the next 3-5 years especially as Databricks and Amazon Redshift continue to gain traction. Investors would want to monitor and track the competitive landscape because I believe the competitive dynamics may be the future biggest risk.\nI will continue to follow and track developments with Snowflake. Please tell me in the comments section, what do you see as the biggest risk to the Snowflake story, and have you invested in the stock?","news_type":1},"isVote":1,"tweetType":1,"viewCount":643,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":800834375,"gmtCreate":1627289994397,"gmtModify":1703486863554,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577181668002271","authorIdStr":"3577181668002271"},"themes":[],"htmlText":"Ok i see","listText":"Ok i see","text":"Ok i see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/800834375","repostId":"2154931205","repostType":4,"repost":{"id":"2154931205","pubTimestamp":1627283771,"share":"https://ttm.financial/m/news/2154931205?lang=&edition=fundamental","pubTime":"2021-07-26 15:16","market":"us","language":"en","title":"4 Game-Changing Stocks That Can Turn $200,000 Into $1 Million (or More) in a Decade","url":"https://stock-news.laohu8.com/highlight/detail?id=2154931205","media":"Motley Fool","summary":"These high-growth companies can turn a healthy pile of cash into a life-altering amount of money.","content":"<p>There are no shortage of ways for people to build wealth. They can squirrel away money in their savings account, buy real estate, or purchase physical gold. But the method proven to deliver the highest average annual returns over the long run is putting your capital to work in the stock market.</p>\n<p>For example, despite navigating its way through the Black Monday crash in 1987, the dot-com bubble, the Great Recession, and the coronavirus crash, the benchmark <b>S&amp;P 500</b> has averaged an annual total return, including dividends paid, of 11% since the beginning of 1980. At this return rate, folks reinvesting their dividends are doubling their money about every 6.5 years.</p>\n<p>But you don't have to settle for simply matching the performance of the market. If you buy stakes in game-changing businesses, you have the opportunity to take a large sum of money and turn it into a life-altering amount of cash. The following four game-changing stocks all have the tools necessary to turn a $200,000 investment into $1 million (or more) over the next decade.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F634606%2Fcash-money-one-hundred-dollars-pocketwatch-long-term-investing-getty.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"467\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>Redfin</h2>\n<p>Whereas real estate is traditionally a slow-growing, if not boring, sector, technology-driven real estate company <b>Redfin</b> (NASDAQ:RDFN) is showing Wall Street that it has the ability to completely change how properties are purchased, sold, and viewed.</p>\n<p>One of the core attributes of the Redfin operating model is saving its users money. Traditional real estate companies charge up to a 3% commission/listing fee when a home is bought or sold. Depending on how much previous business was completed with the company, Redfin only charges a fee ranging from 1% to 1.5%. A difference of 1.5% to 2% might not sound like much, but it's quite impactful with home prices soaring. According to Realtor.com, the median home price for active listings in June 2021 was $385,000, meaning Redfin could save the median seller up to $7,700 in costs.</p>\n<p>But it's not just a more cost-efficient operation that's driving buyers and sellers to Redfin. It's the company's adaptation to a changing real estate landscape and the unparalleled personalization it provides. For instance, RedfinNow is a service that purchases homes for cash, which removes the hassles of putting a home on the market and haggling with prospective buyers over price. There's also Redfin Concierge, which works with homeowners on improvements and staging to maximize the value of their home.</p>\n<p>With Redfin's share of existing home sales nearly tripling from 0.44% at the end of 2015 to 1.14% by March 2021, it's pretty evident that Redfin's operating model is resonating with consumers.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F634606%2Fsquare-card-terminal.png&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"520\" width=\"100%\" height=\"auto\"><span>Image source: Square.</span></p>\n<h2>Square</h2>\n<p>Just because a high-growth stock has a market cap in excess of $100 billion doesn't mean it can't quintuple (or more) over the next decade. Fintech stock <b>Square</b> (NYSE:SQ) has two operating segments that should allow it to handily outperform the broader market in the coming 10 years.</p>\n<p>Square's bread and butter has long been its seller ecosystem, which provides point-of-sale devices, analytics, and other tools that help merchants succeed. Between 2012 and 2019, the gross payment volume (GPV) on Square's network surged by an average of 49% annually, with GPV on track to easily top $130 billion in 2021.</p>\n<p>As I've previously noted, the seller ecosystem was really designed to be a tool for smaller merchants. Over time, however, the percentage of medium-and-large-sized businesses utilizing the platform has grown. As of the end of March, 61% of GPV came from businesses with $125,000 or more in annualized GPV, up from 52% in Q1 2019. Since this is a fee-driven operating segment, it implies steady profit growth for the seller ecosystem.</p>\n<p>However, the real lure here is digital peer-to-peer platform Cash App, which has seen its monthly active user count more than quintuple in three years to 36 million (as of Dec. 31, 2020). Cash App allows Square to monetize consumer purchases, bank transfers, investments, and even <b>Bitcoin</b>&nbsp;exchange. With gross profit per user of $41, compared to less than $5 in expenses to bring in each new user, Cash App is a burgeoning cash cow for Square.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5fca19ebbe0e88c23fe3449884bad2c4\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>Fastly</h2>\n<p>Yet another high-growth game-changer that could turn a $200,000 investment into $1 million or more over the next decade is edge cloud solutions provider <b>Fastly</b> (NYSE:FSLY).</p>\n<p>Fastly's primary task is to expedite the delivery of content to end users as quickly and securely as possible. While we we're witnessing a pretty steady shift of businesses pushing online prior to the pandemic, the coronavirus took this steady trend and kicked it into overdrive. Essentially, Fastly will benefit as more data is consumed digitally in the post-pandemic environment -- a trend that's unlikely to slow or ever reverse.</p>\n<p>All the key metrics investors would look for in a usage-based company are pointing in the right direction. The company's dollar-based net expansion rate has tallied 147% (Q3 2020), 143% (Q4 2020), and 139% (Q1 2021) in each of the past three quarters. In simple terms, this means existing clients spent 47%, 43%, and 39% more than they did in each respective year-ago quarter. We've also seen total customer count, enterprise customer count, and average enterprise customer spend, climb on a quarterly basis.</p>\n<p>What's perhaps most impressive about Fastly has been the company's ability to overcome ByteDance (the parent of TikTok) pulling traffic from its network in Q3 2020 due to a stateside spat with the Trump administration. ByteDance was Fastly's biggest customer by sales in the first-half of 2020. Despite this loss, Fastly still produced sales growth of better than 40% in the third quarter. Fastly is quickly becoming a popular content delivery solution, and the company's rapid sales growth proves it.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/72753f29fd92e186bec3ea1c1d331f6b\" tg-width=\"700\" tg-height=\"510\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2><a href=\"https://laohu8.com/S/CRM\">Salesforce</a></h2>\n<p>A final game-changing stock that has the ability to make its shareholder a whole lot richer over the next decade is cloud-based customer relationship management (CRM) software provider <b>Salesforce.com</b> (NYSE:CRM).</p>\n<p>Put simply, CRM software is what customer-facing businesses use to log and access client information in real-time, handle service and product issues, manage online marketing campaigns, and run predictive analysis with regard to which clients might purchase a new product or service. That's just a small snippet of what CRM can help with. It's a relatively common solution employed by retail and service-oriented companies, but it is gaining traction in nontraditional industries and sectors.</p>\n<p>Salesforce chimes in as the single most-dominant player in the global CRM space. According to IDC, Salesforce controlled just shy of 20% of all global CRM spending in the first-half of 2020.&nbsp; That was more than the next four competitors, combined. Between internal innovation and CEO Marc Benioff's willingness to lean on acquisitions as a means to cross-sell and broaden its service portfolio and client base, Salesforce's market share lead appears virtually insurmountable in CRM software.</p>\n<p>Benioff anticipates Salesforce surpassing $50 billion in full-year sales by fiscal 2026 after delivering $21.3 billion in annual sales in fiscal 2021. If this projection proves accurate, Salesforce's 20%-plus sustained growth rate should help motor its stock a lot higher.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>4 Game-Changing Stocks That Can Turn $200,000 Into $1 Million (or More) in a Decade</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\">\n4 Game-Changing Stocks That Can Turn $200,000 Into $1 Million (or More) in a Decade\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-26 15:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/25/4-game-changing-stocks-turn-200000-to-1-million/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There are no shortage of ways for people to build wealth. They can squirrel away money in their savings account, buy real estate, or purchase physical gold. But the method proven to deliver the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/25/4-game-changing-stocks-turn-200000-to-1-million/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block","CRM":"赛富时","FSLY":"Fastly, Inc.","RDFN":"Redfin Corp"},"source_url":"https://www.fool.com/investing/2021/07/25/4-game-changing-stocks-turn-200000-to-1-million/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154931205","content_text":"There are no shortage of ways for people to build wealth. They can squirrel away money in their savings account, buy real estate, or purchase physical gold. But the method proven to deliver the highest average annual returns over the long run is putting your capital to work in the stock market.\nFor example, despite navigating its way through the Black Monday crash in 1987, the dot-com bubble, the Great Recession, and the coronavirus crash, the benchmark S&P 500 has averaged an annual total return, including dividends paid, of 11% since the beginning of 1980. At this return rate, folks reinvesting their dividends are doubling their money about every 6.5 years.\nBut you don't have to settle for simply matching the performance of the market. If you buy stakes in game-changing businesses, you have the opportunity to take a large sum of money and turn it into a life-altering amount of cash. The following four game-changing stocks all have the tools necessary to turn a $200,000 investment into $1 million (or more) over the next decade.\nImage source: Getty Images.\nRedfin\nWhereas real estate is traditionally a slow-growing, if not boring, sector, technology-driven real estate company Redfin (NASDAQ:RDFN) is showing Wall Street that it has the ability to completely change how properties are purchased, sold, and viewed.\nOne of the core attributes of the Redfin operating model is saving its users money. Traditional real estate companies charge up to a 3% commission/listing fee when a home is bought or sold. Depending on how much previous business was completed with the company, Redfin only charges a fee ranging from 1% to 1.5%. A difference of 1.5% to 2% might not sound like much, but it's quite impactful with home prices soaring. According to Realtor.com, the median home price for active listings in June 2021 was $385,000, meaning Redfin could save the median seller up to $7,700 in costs.\nBut it's not just a more cost-efficient operation that's driving buyers and sellers to Redfin. It's the company's adaptation to a changing real estate landscape and the unparalleled personalization it provides. For instance, RedfinNow is a service that purchases homes for cash, which removes the hassles of putting a home on the market and haggling with prospective buyers over price. There's also Redfin Concierge, which works with homeowners on improvements and staging to maximize the value of their home.\nWith Redfin's share of existing home sales nearly tripling from 0.44% at the end of 2015 to 1.14% by March 2021, it's pretty evident that Redfin's operating model is resonating with consumers.\nImage source: Square.\nSquare\nJust because a high-growth stock has a market cap in excess of $100 billion doesn't mean it can't quintuple (or more) over the next decade. Fintech stock Square (NYSE:SQ) has two operating segments that should allow it to handily outperform the broader market in the coming 10 years.\nSquare's bread and butter has long been its seller ecosystem, which provides point-of-sale devices, analytics, and other tools that help merchants succeed. Between 2012 and 2019, the gross payment volume (GPV) on Square's network surged by an average of 49% annually, with GPV on track to easily top $130 billion in 2021.\nAs I've previously noted, the seller ecosystem was really designed to be a tool for smaller merchants. Over time, however, the percentage of medium-and-large-sized businesses utilizing the platform has grown. As of the end of March, 61% of GPV came from businesses with $125,000 or more in annualized GPV, up from 52% in Q1 2019. Since this is a fee-driven operating segment, it implies steady profit growth for the seller ecosystem.\nHowever, the real lure here is digital peer-to-peer platform Cash App, which has seen its monthly active user count more than quintuple in three years to 36 million (as of Dec. 31, 2020). Cash App allows Square to monetize consumer purchases, bank transfers, investments, and even Bitcoin exchange. With gross profit per user of $41, compared to less than $5 in expenses to bring in each new user, Cash App is a burgeoning cash cow for Square.\nImage source: Getty Images.\nFastly\nYet another high-growth game-changer that could turn a $200,000 investment into $1 million or more over the next decade is edge cloud solutions provider Fastly (NYSE:FSLY).\nFastly's primary task is to expedite the delivery of content to end users as quickly and securely as possible. While we we're witnessing a pretty steady shift of businesses pushing online prior to the pandemic, the coronavirus took this steady trend and kicked it into overdrive. Essentially, Fastly will benefit as more data is consumed digitally in the post-pandemic environment -- a trend that's unlikely to slow or ever reverse.\nAll the key metrics investors would look for in a usage-based company are pointing in the right direction. The company's dollar-based net expansion rate has tallied 147% (Q3 2020), 143% (Q4 2020), and 139% (Q1 2021) in each of the past three quarters. In simple terms, this means existing clients spent 47%, 43%, and 39% more than they did in each respective year-ago quarter. We've also seen total customer count, enterprise customer count, and average enterprise customer spend, climb on a quarterly basis.\nWhat's perhaps most impressive about Fastly has been the company's ability to overcome ByteDance (the parent of TikTok) pulling traffic from its network in Q3 2020 due to a stateside spat with the Trump administration. ByteDance was Fastly's biggest customer by sales in the first-half of 2020. Despite this loss, Fastly still produced sales growth of better than 40% in the third quarter. Fastly is quickly becoming a popular content delivery solution, and the company's rapid sales growth proves it.\nImage source: Getty Images.\nSalesforce\nA final game-changing stock that has the ability to make its shareholder a whole lot richer over the next decade is cloud-based customer relationship management (CRM) software provider Salesforce.com (NYSE:CRM).\nPut simply, CRM software is what customer-facing businesses use to log and access client information in real-time, handle service and product issues, manage online marketing campaigns, and run predictive analysis with regard to which clients might purchase a new product or service. That's just a small snippet of what CRM can help with. It's a relatively common solution employed by retail and service-oriented companies, but it is gaining traction in nontraditional industries and sectors.\nSalesforce chimes in as the single most-dominant player in the global CRM space. According to IDC, Salesforce controlled just shy of 20% of all global CRM spending in the first-half of 2020.  That was more than the next four competitors, combined. Between internal innovation and CEO Marc Benioff's willingness to lean on acquisitions as a means to cross-sell and broaden its service portfolio and client base, Salesforce's market share lead appears virtually insurmountable in CRM software.\nBenioff anticipates Salesforce surpassing $50 billion in full-year sales by fiscal 2026 after delivering $21.3 billion in annual sales in fiscal 2021. If this projection proves accurate, Salesforce's 20%-plus sustained growth rate should help motor its stock a lot higher.","news_type":1},"isVote":1,"tweetType":1,"viewCount":644,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":178291960,"gmtCreate":1626822538250,"gmtModify":1703765700543,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577181668002271","authorIdStr":"3577181668002271"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/178291960","repostId":"178172231","repostType":1,"repost":{"id":178172231,"gmtCreate":1626794417023,"gmtModify":1703765407057,"author":{"id":"3503452965237041","authorId":"3503452965237041","name":"美股研究社","avatar":"https://static.tigerbbs.com/a239c7906133df1f3817d0746a8a0ba1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3503452965237041","authorIdStr":"3503452965237041"},"themes":[],"htmlText":"【快訊】《消費者報告》稱，特斯拉(TSLA.O)在公共道路上使用的“完全自動駕駛”測試軟件缺乏安全措施。<a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$</a>","listText":"【快訊】《消費者報告》稱，特斯拉(TSLA.O)在公共道路上使用的“完全自動駕駛”測試軟件缺乏安全措施。<a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$</a>","text":"【快訊】《消費者報告》稱，特斯拉(TSLA.O)在公共道路上使用的“完全自動駕駛”測試軟件缺乏安全措施。$特斯拉(TSLA)$","images":[{"img":"https://static.tigerbbs.com/9777dd84b75bb82d2f13cf0795cfbad2","width":"828","height":"466"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/178172231","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":400,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144761879,"gmtCreate":1626315005491,"gmtModify":1703757697722,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577181668002271","authorIdStr":"3577181668002271"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/144761879","repostId":"2151454562","repostType":4,"repost":{"id":"2151454562","pubTimestamp":1626312716,"share":"https://ttm.financial/m/news/2151454562?lang=&edition=fundamental","pubTime":"2021-07-15 09:31","market":"us","language":"en","title":"Microsoft CEO Says Company on ‘Right Side’ of Antitrust Battle","url":"https://stock-news.laohu8.com/highlight/detail?id=2151454562","media":"Bloomberg","summary":"(Bloomberg) -- Microsoft Corp. Chief Executive Officer Satya Nadella said the company “is on the rig","content":"<p>(Bloomberg) -- Microsoft Corp. Chief Executive Officer Satya Nadella said the company “is on the right side of history” in the antitrust debates about whether big technology companies abuse user privacy and squash competition.</p>\n<p>While Congress and U.S. regulators have clashed with <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc., Alphabet Inc., Amazon.com Inc. and Apple Inc. over the companies’ business practices, Microsoft hasn’t received the same kind of scrutiny more than 20 years after it was sued by the U.S. Justice Department on antitrust issues.</p>\n<p>The software company “makes sure” user privacy and internet safety are among its highest priorities for products “and then when it comes to competition, I mean you should go talk to the people who are investing a lot of capital and a lot of M&amp;A competing with Microsoft and we welcome that guy,” Nadella said Wednesday in an interview with Bloomberg Television.</p>\n<p>During the interview, the Microsoft CEO also spoke about cybersecurity threats, the future of remote work and the company’s rivalry with Alphabet’s Google.</p>\n<p>Nadella said he is concerned about the wave of hacks in the past few months, which have included ransomware attacks that stopped business at a major pipeline company and food producer in the U.S.</p>\n<p>“We have another real pandemic, which is a cyber” pandemic, he said. “The level of attacks for sure have increased, but the need for our response to be top notch has also increased. We just have to get better as an industry.”</p>\n<p>Nadella also discussed tensions with Google, following the end of a five-year cease-fire between the two companies, which mutually agreed not to fuel legal lobbying efforts against <a href=\"https://laohu8.com/S/AONE\">one</a> another. He said he “has a lot of respect” for Google and its leadership.</p>\n<p>“We’re fighting the good fight to sort of compete against colossal lead in that space,” he said of digital advertising sales, which is led by Google and Facebook.</p>\n<p>Nadella weighed in on Microsoft’s work-from-home policy, emphasizing the importance of flexibility and accommodating “changed expectations” in the wake of the coronavirus pandemic.</p>\n<p>“We’ll really think about long-term policies based on, quite frankly, having all of that data behind us because otherwise I think we’re trying to come up and being too overly dogmatic,” he said.</p>","source":"yahoofinance","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 CEO Says Company on ‘Right Side’ of Antitrust Battle</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 CEO Says Company on ‘Right Side’ of Antitrust Battle\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-15 09:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/microsoft-ceo-says-company-side-225956186.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Microsoft Corp. Chief Executive Officer Satya Nadella said the company “is on the right side of history” in the antitrust debates about whether big technology companies abuse user ...</p>\n\n<a href=\"https://finance.yahoo.com/news/microsoft-ceo-says-company-side-225956186.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","09086":"华夏纳指-U","AAPL":"苹果","AMZN":"亚马逊","MSFT":"微软","03086":"华夏纳指","GOOG":"谷歌"},"source_url":"https://finance.yahoo.com/news/microsoft-ceo-says-company-side-225956186.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2151454562","content_text":"(Bloomberg) -- Microsoft Corp. Chief Executive Officer Satya Nadella said the company “is on the right side of history” in the antitrust debates about whether big technology companies abuse user privacy and squash competition.\nWhile Congress and U.S. regulators have clashed with Facebook Inc., Alphabet Inc., Amazon.com Inc. and Apple Inc. over the companies’ business practices, Microsoft hasn’t received the same kind of scrutiny more than 20 years after it was sued by the U.S. Justice Department on antitrust issues.\nThe software company “makes sure” user privacy and internet safety are among its highest priorities for products “and then when it comes to competition, I mean you should go talk to the people who are investing a lot of capital and a lot of M&A competing with Microsoft and we welcome that guy,” Nadella said Wednesday in an interview with Bloomberg Television.\nDuring the interview, the Microsoft CEO also spoke about cybersecurity threats, the future of remote work and the company’s rivalry with Alphabet’s Google.\nNadella said he is concerned about the wave of hacks in the past few months, which have included ransomware attacks that stopped business at a major pipeline company and food producer in the U.S.\n“We have another real pandemic, which is a cyber” pandemic, he said. “The level of attacks for sure have increased, but the need for our response to be top notch has also increased. We just have to get better as an industry.”\nNadella also discussed tensions with Google, following the end of a five-year cease-fire between the two companies, which mutually agreed not to fuel legal lobbying efforts against one another. He said he “has a lot of respect” for Google and its leadership.\n“We’re fighting the good fight to sort of compete against colossal lead in that space,” he said of digital advertising sales, which is led by Google and Facebook.\nNadella weighed in on Microsoft’s work-from-home policy, emphasizing the importance of flexibility and accommodating “changed expectations” in the wake of the coronavirus pandemic.\n“We’ll really think about long-term policies based on, quite frankly, having all of that data behind us because otherwise I think we’re trying to come up and being too overly dogmatic,” he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":446,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146201235,"gmtCreate":1626080155127,"gmtModify":1703752917857,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577181668002271","authorIdStr":"3577181668002271"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/146201235","repostId":"146651655","repostType":1,"repost":{"id":146651655,"gmtCreate":1626077965277,"gmtModify":1703752873222,"author":{"id":"3500430567020304","authorId":"3500430567020304","name":"卡布斯说投资","avatar":"https://static.tigerbbs.com/7ffde0c8f52183fe27f9ffb66095bf31","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3500430567020304","authorIdStr":"3500430567020304"},"themes":[],"title":"2021進入下半場，爲何我還在重倉新能源？","htmlText":"\n \n \n  在投資蔚來汽車後，我更加確認2020年-2021年是新能源股票的高峯期，截止目前，當我覆盤過去的投資決策，我發現我做的都是對的。\n \n","listText":"在投資蔚來汽車後，我更加確認2020年-2021年是新能源股票的高峯期，截止目前，當我覆盤過去的投資決策，我發現我做的都是對的。","text":"在投資蔚來汽車後，我更加確認2020年-2021年是新能源股票的高峯期，截止目前，當我覆盤過去的投資決策，我發現我做的都是對的。","images":[{"img":"https://static.tigerbbs.com/9e990cf6746e1bedab2d50b33dd43df0","width":"0","height":"0"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/146651655","isVote":1,"tweetType":2,"object":{"id":"a7a6af7bcdaa48b58b0002a99e6f448d","tweetId":"146651655","videoUrl":"https://1254107296.vod2.myqcloud.com/27e1f7ecvodtransgzp1254107296/6b17cd283701925920791916444/v.f30.mp4","poster":"https://static.tigerbbs.com/9e990cf6746e1bedab2d50b33dd43df0"},"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":409,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167844842,"gmtCreate":1624262137186,"gmtModify":1703831842200,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577181668002271","authorIdStr":"3577181668002271"},"themes":[],"htmlText":"Okay i see","listText":"Okay i see","text":"Okay i see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167844842","repostId":"1117073468","repostType":4,"repost":{"id":"1117073468","pubTimestamp":1624261389,"share":"https://ttm.financial/m/news/1117073468?lang=&edition=fundamental","pubTime":"2021-06-21 15:43","market":"us","language":"en","title":"Carnival: Ludicrous Mode","url":"https://stock-news.laohu8.com/highlight/detail?id=1117073468","media":"seekingalpha","summary":"Summary\n\nCarnival shares look tired in the current rally.\nWith its long-term debt situation continui","content":"<p><b>Summary</b></p>\n<ul>\n <li>Carnival shares look tired in the current rally.</li>\n <li>With its long-term debt situation continuing to worsen, and with it interest expense, the business is impaired.</li>\n <li>The current share price is pricing in a ludicrously unrealistic recovery.</li>\n</ul>\n<p>The cruise line stocks have been in the midst of a prolonged rally since the vaccine became a reality last fall. The group has soared, including one of its major constituents,<b>Carnival Corp.</b>(CCL). I’ve been critical of the valuations in the sector because I see overly optimistic investors bidding up the stocks of cruise operators without concern for the long-term damage that has been done to their business models. In the case of Carnival, that is very much the case, but the chart is suggesting caution is warranted as well.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4c105625684d84d58f9e6641691a5cdf\" tg-width=\"640\" tg-height=\"615\" referrerpolicy=\"no-referrer\"><span>Source: StockCharts</span></p>\n<p>I’ve annotated a rectangular consolidation that has been forming since February, with the bottom near $24 and the top near $31. Rectangular consolidations following strong uptrends are bullish typically, so I would normally say Carnival is digesting gains and readying for a new push higher. But in this case, the rectangle was broken early this month, but the breakout failed.</p>\n<p>I’ve circled the area of the failed breakout, and shares have fallen quickly since then. That is a bearish sign because the bulls had the breakout, but failed to push the stock any higher.</p>\n<p>In addition, the accumulation/distribution line is neutral, which isn’t confirming the bull move, or the breakout attempt that occurred. The A/D line isn’t bearish, necessarily, but it isn’t confirming the bullish move that was attempted.</p>\n<p>In addition, the PPO is showing very strong negative divergences, which simply means it is declining while the price has been rising. That indicates bullish momentum is waning, and can often portend the end of a bullish move as rallies become less and less potent as time goes on.</p>\n<p>Taken together, these factors make it look to me like Carnival’s current move off of the November low is more likely to be complete than to continue. And given what I’ll discuss below about just how damaged Carnival is at this point, I’m sticking with my sell rating.</p>\n<p><b>Reality is setting in</b></p>\n<p>The cruise line stocks – among other highly discretionary groups – have been rallying on the prospect of the world’s economy reopening. That has happened to a large extent, but not for cruise lines, which continue to deal with heavy restrictions in most locales.</p>\n<p>That has led to several quarters in a row of Carnival producing essentially no revenue, but on the plus side, the company has setplansto continue to get its ships moving again. Keep in mind that Carnival isn’t anywhere near even a meaningfully sized fraction of its prior capacity, and won’t be for some time to come, at least into 2022. In addition, there will undoubtedly be restrictions in terms of spacing, cleaning measures, etc., that will drive operating costs that are higher than they otherwise would have been as a percentage of revenue. But that isn’t stopping the bulls from blindly bidding up the stock anyway.</p>\n<p>For some perspective on the matter, I think revenue revisions are extremely instructive.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/535c29d74125585f55ef2ce4bacbd615\" tg-width=\"640\" tg-height=\"285\" referrerpolicy=\"no-referrer\"><span>Source:Seeking Alpha</span></p>\n<p>The ever-plummeting orange line is the mean estimate for this year, and it continues to fall unabated. That’s because estimates for this were<i>always</i>too high, even before the pandemic, and analysts have continuously underestimated the negative impact of COVID on Carnival’s ability to generate revenue. In other words, the analyst community has been wrong<i>for years</i>on Carnival’s top line, and continues to lower estimates to try and keep pace. Thus, why should we believe there is some light at the end of the tunnel when Carnival has disappointed investors over and over again? That’s not a leap I’m willing to make.</p>\n<p>The out years have some upward kinks at the end of the lines, indicating some upward revisions, and that’s a good sign. It means that the worst of the revisions could be behind the company, but that assumes that you believe an analyst community that has gotten it wrong for years by being overly optimistic. Is this time different? Anything is possible. Is that something I’m willing to bet on? I think you know the answer to that.</p>\n<p>This has massive implications on the company’s ability to generate earnings because cruise lines operate with huge fixed and operating costs. Thus, volume is absolutely necessary to produce any sort of meaningful profits. We won’t get a read on the company’s new level of operating margins until at least next year, when some meaningful volume of cruises actually take place. But in the interim, there are some costs – both explicit and implicit – that we do have a handle on, and none of it is good news.</p>\n<p>Let’s begin with the balance sheet, which has been ravaged during this crisis.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e5f65e836dfbd23b70e589bfee554867\" tg-width=\"640\" tg-height=\"169\" referrerpolicy=\"no-referrer\"><span>Source: TIKR.com</span></p>\n<p>Carnival had a huge amount of debt before the pandemic, checking in near $10 billion. Today, it’s nearly 3X that value and rising all the time, because Carnival is burning through huge amounts of cash every single day, and that won’t stop until the cruises start again in earnest. Carnival could easily have $30+ billion in debt before the cruises get going again, and for a company with ~$3 billion in normalizedoperating profit, there is essentially no hope of ever paying down that much debt. The only way Carnival could ever reduce debt back to prior levels is to issue even more common shares (more on that in just a bit), or asset sales, which would further exacerbate its revenue/profit situation.</p>\n<p>Further, we can see Carnival is now on the hook for ~$400 million in<i>quarterly</i>interest expense, an unbelievably huge sum when viewed in comparison to pre-pandemic levels.</p>\n<p>This will continue to rise into next year because Carnival has to keep borrowing as it burns through cash, waiting for the pandemic to end. We could see ~$2 billion in annual interest expense next year, which would be roughly two-thirds of normalized operating profit. And keep in mind I’m not suggesting Carnival will hit normalized operating profit next year; I’m simply providing context for the ruinously expensive hole Carnival is in right now with its financing situation.</p>\n<p>Finally, as if that weren’t enough, Carnival’s share count has ballooned during this crisis because it had no other sources of funds to keep the lights on.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2ac33f6ea2957c3d3e64559f472488e5\" tg-width=\"640\" tg-height=\"168\"><span>Source: TIKR.com</span></p>\n<p>This means that when/if Carnival does start to produce profits again, it will have to produce a staggering ~70% more profit on a dollar basis just to line up equal to pre-pandemic levels of EPS. In other words, because today’s share count is 69% higher than it was at the end of February 2020 – before the share issuances began – each dollar of profit is spread over 69% more shares. That makes each share’s spread of the profits worth 69% less than it otherwise would have been.</p>\n<p><b>The extent of the problem</b></p>\n<p>This all leads us to valuing the stock, which points to only one conclusion for me; Carnival needs to pull way back from where it is today.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e59adf15d725fe2e89c45e9ff1c75742\" tg-width=\"640\" tg-height=\"286\"><span>Source:Seeking Alpha</span></p>\n<p>EPS revisions are hideously negative, similar to revenue, but that’s beside the point here. The company isn’t expected to produce any sort of meaningful earnings until 2023, and even out to 2026, is only at $3.11. But keep in mind that based upon Carnival’s EPS revision history, these estimates are almost certainly too high. But even if we take these at face value, buyers of the stock today are unbelievably optimistic.</p>\n<p>Fiscal 2018was the best year Carnival has ever had when measured by net income, which came to $3.15 billion. That’s a lot of money, and reflected extremely favorable macro factors for cruise lines, which Carnival took full advantage of. Now, we know the company is running at ~$1.5 billion in incremental interest expense over and above fiscal 2018, and we know that the share count is about 60% higher than fiscal 2018.</p>\n<p>If we assume Carnival will hit $3.15 billion in net income again, which would be a company record, that would be spread over ~60% more shares, which would put it in the area of $2.70 in EPS, not the $4.45 the company actually produced with that level of net income. Now, Carnival has to pay an additional $1.5 billion (give or take) in annual interest expense as well, so we’d actually need to see the company produce another $1.5 billion in operating profit over and above fiscal 2018,<i>just to get to $3.15 billion</i>in net income.</p>\n<p>To get to $4.45 again, Carnival would need to cover the additional $1.5 billion in interest expense, and the ~60% higher share count. That means that instead of the $3.4 billion in operating income Carnival produced that year, it would need nearly<i>$7 billion</i>in operating income to produce the same number (covering the incremental interest expense and higher share count).</p>\n<p>When we put all of this together, shareholders today are betting that Carnival will blow past prior records it had produced in terms of operating and net earnings, and that it has some way to sustain $30 billion in debt, and that it won’t simply continue to issue new shares of stock to fund itself.</p>\n<p>When laid out like this, I simply don’t understand anyone wanting to own Carnival. The current valuation implies a rapid ascent to new heights in terms of earnings, and that is not just imprudent, it is delusional. Carnival is in its own form ofLudicrous Mode, but in this case, that's not a good thing.</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>Carnival: Ludicrous Mode</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\">\nCarnival: Ludicrous Mode\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 15:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4435729-carnival-ludicrous-mode><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nCarnival shares look tired in the current rally.\nWith its long-term debt situation continuing to worsen, and with it interest expense, the business is impaired.\nThe current share price is ...</p>\n\n<a href=\"https://seekingalpha.com/article/4435729-carnival-ludicrous-mode\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CCL":"嘉年华邮轮"},"source_url":"https://seekingalpha.com/article/4435729-carnival-ludicrous-mode","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1117073468","content_text":"Summary\n\nCarnival shares look tired in the current rally.\nWith its long-term debt situation continuing to worsen, and with it interest expense, the business is impaired.\nThe current share price is pricing in a ludicrously unrealistic recovery.\n\nThe cruise line stocks have been in the midst of a prolonged rally since the vaccine became a reality last fall. The group has soared, including one of its major constituents,Carnival Corp.(CCL). I’ve been critical of the valuations in the sector because I see overly optimistic investors bidding up the stocks of cruise operators without concern for the long-term damage that has been done to their business models. In the case of Carnival, that is very much the case, but the chart is suggesting caution is warranted as well.\nSource: StockCharts\nI’ve annotated a rectangular consolidation that has been forming since February, with the bottom near $24 and the top near $31. Rectangular consolidations following strong uptrends are bullish typically, so I would normally say Carnival is digesting gains and readying for a new push higher. But in this case, the rectangle was broken early this month, but the breakout failed.\nI’ve circled the area of the failed breakout, and shares have fallen quickly since then. That is a bearish sign because the bulls had the breakout, but failed to push the stock any higher.\nIn addition, the accumulation/distribution line is neutral, which isn’t confirming the bull move, or the breakout attempt that occurred. The A/D line isn’t bearish, necessarily, but it isn’t confirming the bullish move that was attempted.\nIn addition, the PPO is showing very strong negative divergences, which simply means it is declining while the price has been rising. That indicates bullish momentum is waning, and can often portend the end of a bullish move as rallies become less and less potent as time goes on.\nTaken together, these factors make it look to me like Carnival’s current move off of the November low is more likely to be complete than to continue. And given what I’ll discuss below about just how damaged Carnival is at this point, I’m sticking with my sell rating.\nReality is setting in\nThe cruise line stocks – among other highly discretionary groups – have been rallying on the prospect of the world’s economy reopening. That has happened to a large extent, but not for cruise lines, which continue to deal with heavy restrictions in most locales.\nThat has led to several quarters in a row of Carnival producing essentially no revenue, but on the plus side, the company has setplansto continue to get its ships moving again. Keep in mind that Carnival isn’t anywhere near even a meaningfully sized fraction of its prior capacity, and won’t be for some time to come, at least into 2022. In addition, there will undoubtedly be restrictions in terms of spacing, cleaning measures, etc., that will drive operating costs that are higher than they otherwise would have been as a percentage of revenue. But that isn’t stopping the bulls from blindly bidding up the stock anyway.\nFor some perspective on the matter, I think revenue revisions are extremely instructive.\nSource:Seeking Alpha\nThe ever-plummeting orange line is the mean estimate for this year, and it continues to fall unabated. That’s because estimates for this werealwaystoo high, even before the pandemic, and analysts have continuously underestimated the negative impact of COVID on Carnival’s ability to generate revenue. In other words, the analyst community has been wrongfor yearson Carnival’s top line, and continues to lower estimates to try and keep pace. Thus, why should we believe there is some light at the end of the tunnel when Carnival has disappointed investors over and over again? That’s not a leap I’m willing to make.\nThe out years have some upward kinks at the end of the lines, indicating some upward revisions, and that’s a good sign. It means that the worst of the revisions could be behind the company, but that assumes that you believe an analyst community that has gotten it wrong for years by being overly optimistic. Is this time different? Anything is possible. Is that something I’m willing to bet on? I think you know the answer to that.\nThis has massive implications on the company’s ability to generate earnings because cruise lines operate with huge fixed and operating costs. Thus, volume is absolutely necessary to produce any sort of meaningful profits. We won’t get a read on the company’s new level of operating margins until at least next year, when some meaningful volume of cruises actually take place. But in the interim, there are some costs – both explicit and implicit – that we do have a handle on, and none of it is good news.\nLet’s begin with the balance sheet, which has been ravaged during this crisis.\nSource: TIKR.com\nCarnival had a huge amount of debt before the pandemic, checking in near $10 billion. Today, it’s nearly 3X that value and rising all the time, because Carnival is burning through huge amounts of cash every single day, and that won’t stop until the cruises start again in earnest. Carnival could easily have $30+ billion in debt before the cruises get going again, and for a company with ~$3 billion in normalizedoperating profit, there is essentially no hope of ever paying down that much debt. The only way Carnival could ever reduce debt back to prior levels is to issue even more common shares (more on that in just a bit), or asset sales, which would further exacerbate its revenue/profit situation.\nFurther, we can see Carnival is now on the hook for ~$400 million inquarterlyinterest expense, an unbelievably huge sum when viewed in comparison to pre-pandemic levels.\nThis will continue to rise into next year because Carnival has to keep borrowing as it burns through cash, waiting for the pandemic to end. We could see ~$2 billion in annual interest expense next year, which would be roughly two-thirds of normalized operating profit. And keep in mind I’m not suggesting Carnival will hit normalized operating profit next year; I’m simply providing context for the ruinously expensive hole Carnival is in right now with its financing situation.\nFinally, as if that weren’t enough, Carnival’s share count has ballooned during this crisis because it had no other sources of funds to keep the lights on.\nSource: TIKR.com\nThis means that when/if Carnival does start to produce profits again, it will have to produce a staggering ~70% more profit on a dollar basis just to line up equal to pre-pandemic levels of EPS. In other words, because today’s share count is 69% higher than it was at the end of February 2020 – before the share issuances began – each dollar of profit is spread over 69% more shares. That makes each share’s spread of the profits worth 69% less than it otherwise would have been.\nThe extent of the problem\nThis all leads us to valuing the stock, which points to only one conclusion for me; Carnival needs to pull way back from where it is today.\nSource:Seeking Alpha\nEPS revisions are hideously negative, similar to revenue, but that’s beside the point here. The company isn’t expected to produce any sort of meaningful earnings until 2023, and even out to 2026, is only at $3.11. But keep in mind that based upon Carnival’s EPS revision history, these estimates are almost certainly too high. But even if we take these at face value, buyers of the stock today are unbelievably optimistic.\nFiscal 2018was the best year Carnival has ever had when measured by net income, which came to $3.15 billion. That’s a lot of money, and reflected extremely favorable macro factors for cruise lines, which Carnival took full advantage of. Now, we know the company is running at ~$1.5 billion in incremental interest expense over and above fiscal 2018, and we know that the share count is about 60% higher than fiscal 2018.\nIf we assume Carnival will hit $3.15 billion in net income again, which would be a company record, that would be spread over ~60% more shares, which would put it in the area of $2.70 in EPS, not the $4.45 the company actually produced with that level of net income. Now, Carnival has to pay an additional $1.5 billion (give or take) in annual interest expense as well, so we’d actually need to see the company produce another $1.5 billion in operating profit over and above fiscal 2018,just to get to $3.15 billionin net income.\nTo get to $4.45 again, Carnival would need to cover the additional $1.5 billion in interest expense, and the ~60% higher share count. That means that instead of the $3.4 billion in operating income Carnival produced that year, it would need nearly$7 billionin operating income to produce the same number (covering the incremental interest expense and higher share count).\nWhen we put all of this together, shareholders today are betting that Carnival will blow past prior records it had produced in terms of operating and net earnings, and that it has some way to sustain $30 billion in debt, and that it won’t simply continue to issue new shares of stock to fund itself.\nWhen laid out like this, I simply don’t understand anyone wanting to own Carnival. The current valuation implies a rapid ascent to new heights in terms of earnings, and that is not just imprudent, it is delusional. Carnival is in its own form ofLudicrous Mode, but in this case, that's not a good thing.","news_type":1},"isVote":1,"tweetType":1,"viewCount":441,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167845740,"gmtCreate":1624262107080,"gmtModify":1703831841065,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577181668002271","authorIdStr":"3577181668002271"},"themes":[],"htmlText":"Ah okay","listText":"Ah okay","text":"Ah okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167845740","repostId":"1135081526","repostType":4,"repost":{"id":"1135081526","pubTimestamp":1624261638,"share":"https://ttm.financial/m/news/1135081526?lang=&edition=fundamental","pubTime":"2021-06-21 15:47","market":"us","language":"en","title":"U.S. Dollar Faces Volatile Week as Fed Policy Makers Line Up to Speak","url":"https://stock-news.laohu8.com/highlight/detail?id=1135081526","media":"Bloomberg","summary":"(Bloomberg) -- The dollar faces a week of volatile trade as a slew of Federal Reserve speakers and U","content":"<p>(Bloomberg) -- The dollar faces a week of volatile trade as a slew of Federal Reserve speakers and U.S. inflation data test investors trying to gauge the pace of monetary tightening.</p>\n<p>St. Louis Fed President James Bullard, Dallas Fed President Robert Kaplan and New York Fed President John Williams will speak on Monday before Chair Jerome Powell testifies to Congress on Tuesday. Friday will feature a reading on the central bank’s favored inflation gauge, while in between, other regional Fed chiefs discuss the economy and monetary policy.</p>\n<p>The JPMorgan Global FX Volatility Index has climbed sharply since the Fed projections last week showed more than one rate hike in 2023. In an indication of what what may be to come this week, two-year Treasury yields and the greenback jumped on Friday after Bullard said it may be appropriate for the central bank to start raising interest rates next year.</p>\n<p>Policy makers will have a close eye on how hawkishly markets are taking their comments and forecasts, according to Vishnu Varathan, the Singapore-based head of economics and strategy at Mizuho Bank Ltd. “If markets fall into old habits of over-indulgence, then Fed attempts to rein in run-away hawks down the road should not surprise anyone,” he wrote in a research note.</p>\n<p><b>Key Gauges</b></p>\n<p>The Bloomberg Dollar Spot Index is little changed on Monday after jumping 2% last week, the most since April 2020.</p>\n<p>Data due Friday is projected to show year-on-year growth in core personal consumption expenditures probably quickened to 3.4% last month, from 3.1% in April, which was already the highest since 1992.</p>\n<p>“Market participants will be interested in whether Powell and Williams indicate concerns about an inflation overshoot,” according to a research note from Commonwealth Bank of Australia. “Signs that the FOMC is growing less certain about the inflation outlook is important for the policy outlook, and can support the U.S. dollar.”</p>","source":"lsy1612507957220","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>U.S. Dollar Faces Volatile Week as Fed Policy Makers Line Up to Speak</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\">\nU.S. Dollar Faces Volatile Week as Fed Policy Makers Line Up to Speak\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 15:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/u-dollar-faces-volatile-week-064145743.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- The dollar faces a week of volatile trade as a slew of Federal Reserve speakers and U.S. inflation data test investors trying to gauge the pace of monetary tightening.\nSt. Louis Fed ...</p>\n\n<a href=\"https://finance.yahoo.com/news/u-dollar-faces-volatile-week-064145743.html\">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://finance.yahoo.com/news/u-dollar-faces-volatile-week-064145743.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135081526","content_text":"(Bloomberg) -- The dollar faces a week of volatile trade as a slew of Federal Reserve speakers and U.S. inflation data test investors trying to gauge the pace of monetary tightening.\nSt. Louis Fed President James Bullard, Dallas Fed President Robert Kaplan and New York Fed President John Williams will speak on Monday before Chair Jerome Powell testifies to Congress on Tuesday. Friday will feature a reading on the central bank’s favored inflation gauge, while in between, other regional Fed chiefs discuss the economy and monetary policy.\nThe JPMorgan Global FX Volatility Index has climbed sharply since the Fed projections last week showed more than one rate hike in 2023. In an indication of what what may be to come this week, two-year Treasury yields and the greenback jumped on Friday after Bullard said it may be appropriate for the central bank to start raising interest rates next year.\nPolicy makers will have a close eye on how hawkishly markets are taking their comments and forecasts, according to Vishnu Varathan, the Singapore-based head of economics and strategy at Mizuho Bank Ltd. “If markets fall into old habits of over-indulgence, then Fed attempts to rein in run-away hawks down the road should not surprise anyone,” he wrote in a research note.\nKey Gauges\nThe Bloomberg Dollar Spot Index is little changed on Monday after jumping 2% last week, the most since April 2020.\nData due Friday is projected to show year-on-year growth in core personal consumption expenditures probably quickened to 3.4% last month, from 3.1% in April, which was already the highest since 1992.\n“Market participants will be interested in whether Powell and Williams indicate concerns about an inflation overshoot,” according to a research note from Commonwealth Bank of Australia. “Signs that the FOMC is growing less certain about the inflation outlook is important for the policy outlook, and can support the U.S. dollar.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":616,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":162190204,"gmtCreate":1624038624108,"gmtModify":1703827449773,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577181668002271","authorIdStr":"3577181668002271"},"themes":[],"htmlText":"oh i see","listText":"oh i see","text":"oh i see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/162190204","repostId":"162970771","repostType":1,"repost":{"id":162970771,"gmtCreate":1624032856088,"gmtModify":1703827285529,"author":{"id":"3527667586584720","authorId":"3527667586584720","name":"小虎综合资讯","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667586584720","authorIdStr":"3527667586584720"},"themes":[],"title":"愛回收登陸紐交所，首日掛牌開漲31.21%","htmlText":"6月18日，互聯網二手電子產品銷售平臺愛回收在紐約證交所首日掛牌高開31.21%，報18.37美元，總市值46.78億美元。 今晚，80後復旦學子率隊站上了IPO敲鐘舞臺。 投資界6月18日消息，中國最大的二手消費電子產品交易和服務平臺——萬物新生（愛回收）集團成功在紐交所掛牌上市，成爲中概股ESG第一股。此次IPO發行價爲14美元，對應市值35.65億美元（約合人民幣230億元）。 萬物新生背後，是一對復旦師兄弟的創業故事。2011年，已經31歲的陳雪峯聯手師兄孫文俊踏入一門被忽視的生意——二手手機回收。一路走來，萬物新生曾經歷一段艱難歲月，陳雪峯一度被投資人拒之門外。如今，這位41歲創始人終於斬獲人生第一個IPO。 而萬物新生的崛起，同樣離不開身後一支投資天團。IPO前，萬物新生完成超70億元的融資，浮現了五源資本、天圖投資、景林投資、達晨財智、凱輝基金、前海母基金、老虎環球基金、啓承資本、國泰君安、清新資本、京東、快手等十餘家VC/PE機構和巨頭企業的身影。 回望十年曆程，陳雪峯在公開信寫到，我們從一個看似簡單的手機回收業務出發，“很幸運，我們不經意之間進入到了這樣一個容易被低估的行業。很長一段時間，我們一度被誤解爲是一個做手機拆解和提煉金屬的公司。”他感慨，創業中“被低估”很可能並不是壞事，很多成功往往都源於“被低估”。 復旦學子「收垃圾」 從回收舊手機起家，做出230億市值 愛回收的背後，是一位復旦程序員進階CEO的逆襲故事。 1980年，愛回收CEO陳雪峯出生於湖北黃石，從小學習成績出衆。他本科就讀於同濟大學計算機科學專業，之後又在復旦大學計算機系取得碩士學位。2006年，陳雪峯入職上海一家公司擔任技術經理，這段經歷持續了4年。 愛回收最初的創立靈感緣於幾年前的換物概念。2008年，還在做程序員的陳雪峯看到一則“別針換別墅”的新聞。新聞講述了一個美國男子通過以物","listText":"6月18日，互聯網二手電子產品銷售平臺愛回收在紐約證交所首日掛牌高開31.21%，報18.37美元，總市值46.78億美元。 今晚，80後復旦學子率隊站上了IPO敲鐘舞臺。 投資界6月18日消息，中國最大的二手消費電子產品交易和服務平臺——萬物新生（愛回收）集團成功在紐交所掛牌上市，成爲中概股ESG第一股。此次IPO發行價爲14美元，對應市值35.65億美元（約合人民幣230億元）。 萬物新生背後，是一對復旦師兄弟的創業故事。2011年，已經31歲的陳雪峯聯手師兄孫文俊踏入一門被忽視的生意——二手手機回收。一路走來，萬物新生曾經歷一段艱難歲月，陳雪峯一度被投資人拒之門外。如今，這位41歲創始人終於斬獲人生第一個IPO。 而萬物新生的崛起，同樣離不開身後一支投資天團。IPO前，萬物新生完成超70億元的融資，浮現了五源資本、天圖投資、景林投資、達晨財智、凱輝基金、前海母基金、老虎環球基金、啓承資本、國泰君安、清新資本、京東、快手等十餘家VC/PE機構和巨頭企業的身影。 回望十年曆程，陳雪峯在公開信寫到，我們從一個看似簡單的手機回收業務出發，“很幸運，我們不經意之間進入到了這樣一個容易被低估的行業。很長一段時間，我們一度被誤解爲是一個做手機拆解和提煉金屬的公司。”他感慨，創業中“被低估”很可能並不是壞事，很多成功往往都源於“被低估”。 復旦學子「收垃圾」 從回收舊手機起家，做出230億市值 愛回收的背後，是一位復旦程序員進階CEO的逆襲故事。 1980年，愛回收CEO陳雪峯出生於湖北黃石，從小學習成績出衆。他本科就讀於同濟大學計算機科學專業，之後又在復旦大學計算機系取得碩士學位。2006年，陳雪峯入職上海一家公司擔任技術經理，這段經歷持續了4年。 愛回收最初的創立靈感緣於幾年前的換物概念。2008年，還在做程序員的陳雪峯看到一則“別針換別墅”的新聞。新聞講述了一個美國男子通過以物","text":"6月18日，互聯網二手電子產品銷售平臺愛回收在紐約證交所首日掛牌高開31.21%，報18.37美元，總市值46.78億美元。 今晚，80後復旦學子率隊站上了IPO敲鐘舞臺。 投資界6月18日消息，中國最大的二手消費電子產品交易和服務平臺——萬物新生（愛回收）集團成功在紐交所掛牌上市，成爲中概股ESG第一股。此次IPO發行價爲14美元，對應市值35.65億美元（約合人民幣230億元）。 萬物新生背後，是一對復旦師兄弟的創業故事。2011年，已經31歲的陳雪峯聯手師兄孫文俊踏入一門被忽視的生意——二手手機回收。一路走來，萬物新生曾經歷一段艱難歲月，陳雪峯一度被投資人拒之門外。如今，這位41歲創始人終於斬獲人生第一個IPO。 而萬物新生的崛起，同樣離不開身後一支投資天團。IPO前，萬物新生完成超70億元的融資，浮現了五源資本、天圖投資、景林投資、達晨財智、凱輝基金、前海母基金、老虎環球基金、啓承資本、國泰君安、清新資本、京東、快手等十餘家VC/PE機構和巨頭企業的身影。 回望十年曆程，陳雪峯在公開信寫到，我們從一個看似簡單的手機回收業務出發，“很幸運，我們不經意之間進入到了這樣一個容易被低估的行業。很長一段時間，我們一度被誤解爲是一個做手機拆解和提煉金屬的公司。”他感慨，創業中“被低估”很可能並不是壞事，很多成功往往都源於“被低估”。 復旦學子「收垃圾」 從回收舊手機起家，做出230億市值 愛回收的背後，是一位復旦程序員進階CEO的逆襲故事。 1980年，愛回收CEO陳雪峯出生於湖北黃石，從小學習成績出衆。他本科就讀於同濟大學計算機科學專業，之後又在復旦大學計算機系取得碩士學位。2006年，陳雪峯入職上海一家公司擔任技術經理，這段經歷持續了4年。 愛回收最初的創立靈感緣於幾年前的換物概念。2008年，還在做程序員的陳雪峯看到一則“別針換別墅”的新聞。新聞講述了一個美國男子通過以物","images":[{"img":"https://static.tigerbbs.com/6e069bd4e7e98cc4e8ef67ef245de551","width":"1080","height":"723"},{"img":"https://static.tigerbbs.com/8076b9e3d9cb89fc46a4b6aa923eaaea","width":"1080","height":"2222"},{"img":"https://static.tigerbbs.com/291f9455ffca3312c81f6745545bdbf7","width":"866","height":"424"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/162970771","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":307,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169315133,"gmtCreate":1623816950422,"gmtModify":1703820386182,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577181668002271","authorIdStr":"3577181668002271"},"themes":[],"htmlText":"Like n comment","listText":"Like n comment","text":"Like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/169315133","isVote":1,"tweetType":1,"viewCount":255,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185562968,"gmtCreate":1623660837154,"gmtModify":1704208037294,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577181668002271","authorIdStr":"3577181668002271"},"themes":[],"htmlText":"Hello everyone","listText":"Hello everyone","text":"Hello everyone","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/185562968","isVote":1,"tweetType":1,"viewCount":147,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":182176831,"gmtCreate":1623560132223,"gmtModify":1704206203782,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577181668002271","authorIdStr":"3577181668002271"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/182176831","repostId":"1191179846","repostType":4,"repost":{"id":"1191179846","pubTimestamp":1623536312,"share":"https://ttm.financial/m/news/1191179846?lang=&edition=fundamental","pubTime":"2021-06-13 06:18","market":"us","language":"en","title":"Blue Origin auctions seat on first spaceflight with Jeff Bezos for $28 million","url":"https://stock-news.laohu8.com/highlight/detail?id=1191179846","media":"cnbc","summary":"KEY POINTS\n\nJeff Bezos’ space venture Blue Origin auctioned off a seat Saturday on its first crewed ","content":"<div>\n<p>KEY POINTS\n\nJeff Bezos’ space venture Blue Origin auctioned off a seat Saturday on its first crewed spaceflight scheduled on July 20.\nThe winning bidder will fly to the edge of space with the Amazon ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/12/jeff-bezos-blue-origin-auctions-spaceflight-seat-for-28-million.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>Blue Origin auctions seat on first spaceflight with Jeff Bezos for $28 million</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{ 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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\">\nBlue Origin auctions seat on first spaceflight with Jeff Bezos for $28 million\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-13 06:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/12/jeff-bezos-blue-origin-auctions-spaceflight-seat-for-28-million.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nJeff Bezos’ space venture Blue Origin auctioned off a seat Saturday on its first crewed spaceflight scheduled on July 20.\nThe winning bidder will fly to the edge of space with the Amazon ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/12/jeff-bezos-blue-origin-auctions-spaceflight-seat-for-28-million.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.cnbc.com/2021/06/12/jeff-bezos-blue-origin-auctions-spaceflight-seat-for-28-million.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1191179846","content_text":"KEY POINTS\n\nJeff Bezos’ space venture Blue Origin auctioned off a seat Saturday on its first crewed spaceflight scheduled on July 20.\nThe winning bidder will fly to the edge of space with the Amazon founder and his brother Mark on Blue Origin’s New Shepard rocket.\nNew Shepard, a rocket that carries a capsule to an altitude of over 340,000 feet, has flown more than a dozen successful test flights without passengers.\n\nJeff Bezos’ space venture Blue Origin auctioned off a seat on its upcoming first crewed spaceflight on Saturday for $28 million.\nThe winning bidder,whose name wasn’t released,will fly to the edge of space with theAmazonfounder and his brother Markon Blue Origin’s New Shepard rocket scheduled to launch on July 20.The company said it will reveal the name of the auction winner in the coming weeks.\nBidding opened at $4.8 million but surpassed $20 million within the first few minutes of the auction. The auction’s proceeds will be donated to Blue Origin’s education-focused nonprofit Club for the Future, which supports kids interested in future STEM careers.\nBlue Origin director of astronaut and orbital sales Ariane Cornell said during the auction webcast that New Shepard’s first passenger flight will carry four people, including Bezos, his brother, the auction winner and a fourth person to be announced later.\nAutonomous spaceflight\nNew Shepard, a rocket that carries a capsule to an altitude of over 340,000 feet, has flown more than a dozen successful test flights without passengers, including one in April at the company’s facility in the Texas desert. It’s designed to carry up to six people and flies autonomously — without needing a pilot. The capsule has massive windows to give passengers a view of the earth below during about three minutes in zero gravity, before returning to Earth.\nBlue Origin’s system launches vertically, and both the rocket and capsule are reusable. The boosters land vertically on a concrete pad at the company’s facility in Van Horn, Texas, while the capsules land using a set of parachutes.\nBezos founded Blue Origin in 2000 and still owns the company, funding it through share sales of his Amazon stock.\nJuly 20 is notable because it also marks the 52nd anniversary of the Apollo 11 moon landing.\nBranson and Musk\nBezos and fellow billionairesElon MuskandSir Richard Bransonarein a race to get to space, but each in different ways.Bezos’ Blue Origin and Branson’sVirgin Galacticare competing to take passengers on short flights to the edge of space, a sector known as suborbital tourism, while Musk’s SpaceX is launching private passengers on further, multi-day flights, in what is known as orbital tourism.\nBoth Blue Origin and Virgin Galactic have been developing rocket-powered spacecraft, but that is where the similarities end. While Blue Origin’s New Shepard rocket launches vertically from the ground,Virgin Galactic’s SpaceShipTwo system is released mid-air and returns to Earth in a glidefor a runway landing, like an aircraft.\nVirgin Galactic’s system is also flown by two pilots, while Blue Origin’s launches without one.Branson’s company has also flown a test spaceflight with a passenger onboard, although the company has three spaceflight tests remainingbefore it begins flying commercial customers– which is planned to start in 2022.\nSpaceX launches its Crew Dragon spacecraft to orbit atop its reusable Falcon 9 rocket, havingsent 10 astronauts to the International Space Station on three missions to date.\nIn addition to the government flights, Musk’s company is planning to launch multiple private astronaut missions in the year ahead – beginning withthe all-civilian Inspiration4 missionthat is planned for September. SpaceX is also launchingat least four private missions for Axiom Space, starting early next year.\nBlue Origin’s auction may have netted $28 million, but a seat on a suborbital spacecraft is typically much less expensive. Virgin Galactic has historically sold reservations between $200,000 and $250,000 per ticket, and more recently charged the Italian Air Force about $500,000 per ticket for a training spaceflight.\nMusk’s orbital missions are more costly than the suborbital flights, with NASA paying SpaceX about $55 million per seat for spaceflights to the ISS.","news_type":1},"isVote":1,"tweetType":1,"viewCount":194,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188650597,"gmtCreate":1623434566419,"gmtModify":1704203731918,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577181668002271","authorIdStr":"3577181668002271"},"themes":[],"htmlText":"yes i see//<a href=\"https://laohu8.com/U/3563421686188310\">@Hopehope</a>:Resending this article","listText":"yes i see//<a href=\"https://laohu8.com/U/3563421686188310\">@Hopehope</a>:Resending this article","text":"yes i see//@Hopehope:Resending this article","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188650597","repostId":"181849722","repostType":1,"repost":{"id":181849722,"gmtCreate":1623386697866,"gmtModify":1704202259609,"author":{"id":"3563421686188310","authorId":"3563421686188310","name":"Hopehope赋予希望","avatar":"https://community-static.tradeup.com/news/46495f44529967f5d3b4d03a47167f5b","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3563421686188310","authorIdStr":"3563421686188310"},"themes":[],"title":"11 June 2021: Tiger Brokers' Shortsellers go broke? Why?","htmlText":"Readers would have known that I have a view of the broad markets and have mentioned that my view is for Nasdaq 100 to hit 16,000. Will I be right or wrong? Like what I have always said, only time will tell if I will be right. Even if I am right now, will I continue to `be right? As you know, past performance does not guarantee future performance though it is one indicator to assess my ability to read the markets.As it goes, I had in May 2021 mentioned that we had to see if support can be held at 13,000 for Nasdaq 100 futures during the cryptocurrencies crashed when Bitcoin first broke 40,000 USD and then tanked rapidly to 31,000 USD. ETH and Dogecoin also fell rapidly back then. Since then, I had mentioned that further support should be seen at 13,400, 13,560, 13,700 and 13,760 and have ov","listText":"Readers would have known that I have a view of the broad markets and have mentioned that my view is for Nasdaq 100 to hit 16,000. Will I be right or wrong? Like what I have always said, only time will tell if I will be right. Even if I am right now, will I continue to `be right? As you know, past performance does not guarantee future performance though it is one indicator to assess my ability to read the markets.As it goes, I had in May 2021 mentioned that we had to see if support can be held at 13,000 for Nasdaq 100 futures during the cryptocurrencies crashed when Bitcoin first broke 40,000 USD and then tanked rapidly to 31,000 USD. ETH and Dogecoin also fell rapidly back then. Since then, I had mentioned that further support should be seen at 13,400, 13,560, 13,700 and 13,760 and have ov","text":"Readers would have known that I have a view of the broad markets and have mentioned that my view is for Nasdaq 100 to hit 16,000. Will I be right or wrong? Like what I have always said, only time will tell if I will be right. Even if I am right now, will I continue to `be right? As you know, past performance does not guarantee future performance though it is one indicator to assess my ability to read the markets.As it goes, I had in May 2021 mentioned that we had to see if support can be held at 13,000 for Nasdaq 100 futures during the cryptocurrencies crashed when Bitcoin first broke 40,000 USD and then tanked rapidly to 31,000 USD. ETH and Dogecoin also fell rapidly back then. Since then, I had mentioned that further support should be seen at 13,400, 13,560, 13,700 and 13,760 and have ov","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/181849722","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":249,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":114172815,"gmtCreate":1623061509137,"gmtModify":1704195247338,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577181668002271","authorIdStr":"3577181668002271"},"themes":[],"htmlText":"ahh okay","listText":"ahh okay","text":"ahh okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/114172815","repostId":"114169204","repostType":1,"repost":{"id":114169204,"gmtCreate":1623057865104,"gmtModify":1704195183630,"author":{"id":"3527667586584720","authorId":"3527667586584720","name":"小虎综合资讯","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667586584720","authorIdStr":"3527667586584720"},"themes":[],"title":"盤前異動：WSB概念股又嗨了，多隻明星中概股“病怏怏”","htmlText":"6月7日，美國三大股指期貨漲跌不一，截至發稿，道指期貨漲0.01%；標普500指數期貨跌0.14%；納斯達克100指數期貨跌0.30%。WSB概念股盤前上漲，<a href=\"https://laohu8.com/S/MVIS\">$維視圖像(MVIS)$</a>漲超9%，Naked Brand漲超8%，<a href=\"https://laohu8.com/S/AMC\">$AMC院線(AMC)$</a>、<a href=\"https://laohu8.com/S/BBRY\">$黑莓(BBRY)$</a>漲超4%，<a href=\"https://laohu8.com/S/GME\">$遊戲驛站(GME)$</a>漲近2%。 部分明星中概股走弱，<a href=\"https://laohu8.com/S/EM\">$怪獸充電(EM)$</a>跌超4%，<a href=\"https://laohu8.com/S/EDU\">$新東方(EDU)$</a>跌超3%，<a href=\"https://laohu8.com/S/XPEV\">$小鵬汽車(XPEV)$</a>、<a href=\"https://laohu8.com/S/NIO\">$蔚來(NIO)$</a>、<a href=\"https://laohu8.com/S/IQ\">$愛奇藝(IQ)$</a>、<a href=\"https://laohu8.com/S/BILI\">$嗶哩嗶哩(BILI)$</a>跌超1% 加拿大臨牀階段生物製藥公司Liminal BioSciences盤前漲超46%，美國食品藥品監督管理局通過其藥物Ryplazim的生物製劑許可證申請。 明星科技股盤前走弱，<a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$</a>、","listText":"6月7日，美國三大股指期貨漲跌不一，截至發稿，道指期貨漲0.01%；標普500指數期貨跌0.14%；納斯達克100指數期貨跌0.30%。WSB概念股盤前上漲，<a href=\"https://laohu8.com/S/MVIS\">$維視圖像(MVIS)$</a>漲超9%，Naked Brand漲超8%，<a href=\"https://laohu8.com/S/AMC\">$AMC院線(AMC)$</a>、<a href=\"https://laohu8.com/S/BBRY\">$黑莓(BBRY)$</a>漲超4%，<a href=\"https://laohu8.com/S/GME\">$遊戲驛站(GME)$</a>漲近2%。 部分明星中概股走弱，<a href=\"https://laohu8.com/S/EM\">$怪獸充電(EM)$</a>跌超4%，<a href=\"https://laohu8.com/S/EDU\">$新東方(EDU)$</a>跌超3%，<a href=\"https://laohu8.com/S/XPEV\">$小鵬汽車(XPEV)$</a>、<a href=\"https://laohu8.com/S/NIO\">$蔚來(NIO)$</a>、<a href=\"https://laohu8.com/S/IQ\">$愛奇藝(IQ)$</a>、<a href=\"https://laohu8.com/S/BILI\">$嗶哩嗶哩(BILI)$</a>跌超1% 加拿大臨牀階段生物製藥公司Liminal BioSciences盤前漲超46%，美國食品藥品監督管理局通過其藥物Ryplazim的生物製劑許可證申請。 明星科技股盤前走弱，<a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$</a>、","text":"6月7日，美國三大股指期貨漲跌不一，截至發稿，道指期貨漲0.01%；標普500指數期貨跌0.14%；納斯達克100指數期貨跌0.30%。WSB概念股盤前上漲，$維視圖像(MVIS)$漲超9%，Naked Brand漲超8%，$AMC院線(AMC)$、$黑莓(BBRY)$漲超4%，$遊戲驛站(GME)$漲近2%。 部分明星中概股走弱，$怪獸充電(EM)$跌超4%，$新東方(EDU)$跌超3%，$小鵬汽車(XPEV)$、$蔚來(NIO)$、$愛奇藝(IQ)$、$嗶哩嗶哩(BILI)$跌超1% 加拿大臨牀階段生物製藥公司Liminal BioSciences盤前漲超46%，美國食品藥品監督管理局通過其藥物Ryplazim的生物製劑許可證申請。 明星科技股盤前走弱，$特斯拉(TSLA)$、","images":[{"img":"https://static.tigerbbs.com/d4b94d86f2af352ecc41613220ce7e78","width":"828","height":"245"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/114169204","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":174,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":113578916,"gmtCreate":1622629527935,"gmtModify":1704187647509,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577181668002271","authorIdStr":"3577181668002271"},"themes":[],"htmlText":"Oh i see","listText":"Oh i see","text":"Oh i see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/113578916","repostId":"1188552613","repostType":4,"repost":{"id":"1188552613","pubTimestamp":1622627641,"share":"https://ttm.financial/m/news/1188552613?lang=&edition=fundamental","pubTime":"2021-06-02 17:54","market":"us","language":"en","title":"AMC Stock Is Surging Again. How to Make Sense of the Move.","url":"https://stock-news.laohu8.com/highlight/detail?id=1188552613","media":"Barrons","summary":"AMC Entertainment‘s skyrocketing stock price would be easy to dismiss as just meme-trade madness, th","content":"<p>AMC Entertainment‘s skyrocketing stock price would be easy to dismiss as just meme-trade madness, that social media-fueled investor frenzy that has launched the likes of&nbsp;GameStop&nbsp;and&nbsp;BlackBerry&nbsp;into speculative territory.</p>\n<p>But it’s possible that traditional investors have missed a fundamental change in the movie theater business—and it wouldn’t be the first time.</p>\n<p>Shares of AMC (ticker: AMC) surged 23% on Tuesday, closing at $32.04—just off an all-time high of $36.72 set in late May. That puts the movie-theater chain’s market capitalization at roughly $16 billion, more than 15 times what it was in 2018, a record-breaking year at the box office.&nbsp;Shares were up another 34%, to $42.92, in premarket trading Wednesday.</p>\n<p>Even if investors missed an inflection point, though, the math doesn’t add up. The reason might be that market cap isn’t the right measure. Maybe it’s enterprise value, which is essentially market cap and debt. AMC’s enterprise value is about $26 billion, compared with $6.2 billion or so at the end of 2018.</p>\n<p>AMC added debt during the pandemic as theaters in the country’s biggest cities were dark for months. And the numbers make it easy to understand why: The U.S. box office in 2020 generated about $2.1 billion in ticket sales, down 81% from the 2018 record of $11.9 billion.</p>\n<p>So, it seems investors have been vexed by movie theater economics. But it wouldn’t be the first time. The industry essentially went belly up at the turn of the millennium. Regal Cinemas, for instance, declared bankruptcy in 2001.</p>\n<p>Back then, the industry had plenty of capacity because of a new theater design—stadium seating that gave a better view of the screen. That shift meant movie theater chains had to renovate or risk losing all their patrons to movie theaters that offered the better view. In the end, too many seats and not enough patrons meant the return on the stadium-seating investments never materialized.</p>\n<p>The upshot was consolidation. With fewer operators, the number of screens stabilized. Between 2002 and 2007, Regal Cinemas became a cash-generating machine because the stock was mispriced. The stock returned 21% a year on average. The S&amp;P 500 and Dow Jones Industrial Average both returned less than 9% a year on average over the same period.</p>\n<p>In those days, Regal Cinema’s enterprise value about $5 billion, or about 50% of total U.S. box office sales. That’s far short of AMC today. Something new has to be different for AMC to be worth it.</p>\n<p>Maybe the movie theater business is going to go through another period of consolidation, which can usher in another golden age of returns. AMC’s Tuesday gains, in fact, were catalyzed by new capital raised so the company could go on the offensive, acquiring defunct chains. Monopolies, after all, can be good for stock returns.</p>\n<p>If AMC can increase market share and the U.S. box office sales can return to 2018 levels in a few years, total sales at might be $9 billion—$6 billion from tickets and $3 billion from concessions. Sales in 2018 amounted to $5.5 billion.</p>\n<p>Then, with better gross profit margins derived from larger scale, AMC might be able to generate $600 million in free cash flow annually, which puts the stock at about a 4% free cash flow yield. The S&amp;P 500 trades for about a 3% free cash flow yield. The numbers can work—if they’re stretched.</p>\n<p>There are problems with this scenario, though. There are lots of ifs and mights—and AMC has never generated cash flow like that in the past. Arriving at $600 million in free cash flow is more about justifying current valuations than predicting what is likely.</p>\n<p>Also, with mergers and acquisitions, AMC market shares might rise, but there are still competitors. Regal Cinemas is still out there, owned by Cineworld Holdings (CINE. London). So is Cinemark (CNK). There’s not a true monopoly.</p>\n<p>AMC and its peers have to deal with streaming, too. Windows for exclusive theater showings are shrinking. The pandemic has accelerated that. And if AMC gets too large and demanding for movie makers, the talent can always go to streaming faster, hurting box office sales.</p>\n<p>There is also the problem of the peer stocks. They aren’t trading like this is a brave new world for theaters. Cineworld stock is up 484% from its 52-week low, but shares are still off 72% from all-time highs. Cinemark shares are up 222% from their 52-week low. They are down 47% from their all-time high.</p>\n<p>AMC stock, again, is up almost 1,600% from its 52-week low and is down just 13% from its May all-time high.</p>\n<p>Wall Street just doesn’t see the potential either. Nine analysts cover the stock. The average analyst price target is about $5. Before the pandemic, the average analyst price target was $15. But there were fewer shares back then. The old target enterprise value was roughly $7 billion. It’s tough to get from $7 billion to $26 billion predicting better margins.</p>\n<p>Analysts do have positive free cash flow modeled, though–$13 million in 2022 and $90 million in 2023. That’s a long way from $600 million.</p>\n<p>And that’s just another way of saying that AMC bulls are a long way from making the math work.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC Stock Is Surging Again. How to Make Sense of the Move.</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\">\nAMC Stock Is Surging Again. How to Make Sense of the Move.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-02 17:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amc-rockets-higher-is-it-worth-it-maybe-51622594691?mod=hp_LEAD_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AMC Entertainment‘s skyrocketing stock price would be easy to dismiss as just meme-trade madness, that social media-fueled investor frenzy that has launched the likes of GameStop and BlackBerry into ...</p>\n\n<a href=\"https://www.barrons.com/articles/amc-rockets-higher-is-it-worth-it-maybe-51622594691?mod=hp_LEAD_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://www.barrons.com/articles/amc-rockets-higher-is-it-worth-it-maybe-51622594691?mod=hp_LEAD_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188552613","content_text":"AMC Entertainment‘s skyrocketing stock price would be easy to dismiss as just meme-trade madness, that social media-fueled investor frenzy that has launched the likes of GameStop and BlackBerry into speculative territory.\nBut it’s possible that traditional investors have missed a fundamental change in the movie theater business—and it wouldn’t be the first time.\nShares of AMC (ticker: AMC) surged 23% on Tuesday, closing at $32.04—just off an all-time high of $36.72 set in late May. That puts the movie-theater chain’s market capitalization at roughly $16 billion, more than 15 times what it was in 2018, a record-breaking year at the box office. Shares were up another 34%, to $42.92, in premarket trading Wednesday.\nEven if investors missed an inflection point, though, the math doesn’t add up. The reason might be that market cap isn’t the right measure. Maybe it’s enterprise value, which is essentially market cap and debt. AMC’s enterprise value is about $26 billion, compared with $6.2 billion or so at the end of 2018.\nAMC added debt during the pandemic as theaters in the country’s biggest cities were dark for months. And the numbers make it easy to understand why: The U.S. box office in 2020 generated about $2.1 billion in ticket sales, down 81% from the 2018 record of $11.9 billion.\nSo, it seems investors have been vexed by movie theater economics. But it wouldn’t be the first time. The industry essentially went belly up at the turn of the millennium. Regal Cinemas, for instance, declared bankruptcy in 2001.\nBack then, the industry had plenty of capacity because of a new theater design—stadium seating that gave a better view of the screen. That shift meant movie theater chains had to renovate or risk losing all their patrons to movie theaters that offered the better view. In the end, too many seats and not enough patrons meant the return on the stadium-seating investments never materialized.\nThe upshot was consolidation. With fewer operators, the number of screens stabilized. Between 2002 and 2007, Regal Cinemas became a cash-generating machine because the stock was mispriced. The stock returned 21% a year on average. The S&P 500 and Dow Jones Industrial Average both returned less than 9% a year on average over the same period.\nIn those days, Regal Cinema’s enterprise value about $5 billion, or about 50% of total U.S. box office sales. That’s far short of AMC today. Something new has to be different for AMC to be worth it.\nMaybe the movie theater business is going to go through another period of consolidation, which can usher in another golden age of returns. AMC’s Tuesday gains, in fact, were catalyzed by new capital raised so the company could go on the offensive, acquiring defunct chains. Monopolies, after all, can be good for stock returns.\nIf AMC can increase market share and the U.S. box office sales can return to 2018 levels in a few years, total sales at might be $9 billion—$6 billion from tickets and $3 billion from concessions. Sales in 2018 amounted to $5.5 billion.\nThen, with better gross profit margins derived from larger scale, AMC might be able to generate $600 million in free cash flow annually, which puts the stock at about a 4% free cash flow yield. The S&P 500 trades for about a 3% free cash flow yield. The numbers can work—if they’re stretched.\nThere are problems with this scenario, though. There are lots of ifs and mights—and AMC has never generated cash flow like that in the past. Arriving at $600 million in free cash flow is more about justifying current valuations than predicting what is likely.\nAlso, with mergers and acquisitions, AMC market shares might rise, but there are still competitors. Regal Cinemas is still out there, owned by Cineworld Holdings (CINE. London). So is Cinemark (CNK). There’s not a true monopoly.\nAMC and its peers have to deal with streaming, too. Windows for exclusive theater showings are shrinking. The pandemic has accelerated that. And if AMC gets too large and demanding for movie makers, the talent can always go to streaming faster, hurting box office sales.\nThere is also the problem of the peer stocks. They aren’t trading like this is a brave new world for theaters. Cineworld stock is up 484% from its 52-week low, but shares are still off 72% from all-time highs. Cinemark shares are up 222% from their 52-week low. They are down 47% from their all-time high.\nAMC stock, again, is up almost 1,600% from its 52-week low and is down just 13% from its May all-time high.\nWall Street just doesn’t see the potential either. Nine analysts cover the stock. The average analyst price target is about $5. Before the pandemic, the average analyst price target was $15. But there were fewer shares back then. The old target enterprise value was roughly $7 billion. It’s tough to get from $7 billion to $26 billion predicting better margins.\nAnalysts do have positive free cash flow modeled, though–$13 million in 2022 and $90 million in 2023. That’s a long way from $600 million.\nAnd that’s just another way of saying that AMC bulls are a long way from making the math work.","news_type":1},"isVote":1,"tweetType":1,"viewCount":121,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138765311,"gmtCreate":1621968943433,"gmtModify":1704365269387,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577181668002271","authorIdStr":"3577181668002271"},"themes":[],"htmlText":"hahahaha","listText":"hahahaha","text":"hahahaha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/138765311","repostId":"138735954","repostType":1,"repost":{"id":138735954,"gmtCreate":1621961275678,"gmtModify":1704365230827,"author":{"id":"3483669283508638","authorId":"3483669283508638","name":"我就是阿硕","avatar":"https://static.tigerbbs.com/ef3a6f12848da8815606073e69dae4be","crmLevel":8,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3483669283508638","authorIdStr":"3483669283508638"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BDL\">$Flanigans Enterprises Inc(BDL)$</a>沒戲了，我掛50多一點點，傷心?","listText":"<a href=\"https://laohu8.com/S/BDL\">$Flanigans Enterprises Inc(BDL)$</a>沒戲了，我掛50多一點點，傷心?","text":"$Flanigans Enterprises Inc(BDL)$沒戲了，我掛50多一點點，傷心?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/138735954","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":69,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":131521079,"gmtCreate":1621868463791,"gmtModify":1704363624609,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577181668002271","authorIdStr":"3577181668002271"},"themes":[],"htmlText":"I see","listText":"I see","text":"I 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think","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/139451584","isVote":1,"tweetType":1,"viewCount":133,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":194747769,"gmtCreate":1621405480951,"gmtModify":1704357098492,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577181668002271","authorIdStr":"3577181668002271"},"themes":[],"htmlText":"Yes do","listText":"Yes do","text":"Yes do","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/194747769","isVote":1,"tweetType":1,"viewCount":90,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":800834375,"gmtCreate":1627289994397,"gmtModify":1703486863554,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577181668002271","authorIdStr":"3577181668002271"},"themes":[],"htmlText":"Ok i see","listText":"Ok i see","text":"Ok i see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/800834375","repostId":"2154931205","repostType":4,"isVote":1,"tweetType":1,"viewCount":644,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834358602,"gmtCreate":1629774006306,"gmtModify":1676530127207,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577181668002271","authorIdStr":"3577181668002271"},"themes":[],"htmlText":"Moon","listText":"Moon","text":"Moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/834358602","repostId":"2161703720","repostType":4,"repost":{"id":"2161703720","pubTimestamp":1629771747,"share":"https://ttm.financial/m/news/2161703720?lang=&edition=fundamental","pubTime":"2021-08-24 10:22","market":"us","language":"en","title":"AMC Shares Soar 7% as Silver Lining Emerges","url":"https://stock-news.laohu8.com/highlight/detail?id=2161703720","media":"FX Empire","summary":"Shares of AMC Entertainment rallied nearly 7% on Monday, giving investors something to cheer about r","content":"<p>Shares of AMC Entertainment rallied nearly 7% on Monday, giving investors something to cheer about right out of the gate. The stock is inching closer to the USD 40 level once again after trading below the USD 30 threshold in early August.</p>\n<p>Retail investors have been drawn to AMC largely based on its meme-stock status, which is tied to sentiment on social media. Nevertheless, AMC’s fundamentals appear to be strengthening in their own right.</p>\n<p><img src=\"https://static.tigerbbs.com/78b6ffa621e91ab1932980aea31789e9\" tg-width=\"800\" tg-height=\"316\" referrerpolicy=\"no-referrer\"></p>\n<h2>Mass Vaccinations in Sight</h2>\n<p>AMC’s stock could be benefiting directly from a positive development out of the pharmaceutical sector. The U.S. FDA has given the green light to a COVID-19 vaccine made by Pfizer and BioNTech. The drug, which they are calling Comirnaty, will be made available to people as young as 16 years old.</p>\n<p>Even though millions of Americans have already been inoculated, the FDA stamp of approval is expected to instill confidence that the drug is safe. With mass vaccinations in sight, the economy stands to benefit, including the entertainment industry and movie chains such as AMC.</p>\n<p>In fact, AMC CEO Adam Aron on the company’s Q2 earnings call made a link between the strength of the balance sheet and vaccination levels. He stated,</p>\n<blockquote>\n “Vaccination rates have climbed quickly in 2021. And the counterintuitive result of this new Delta variant is that vaccinations likely will continue to rise, and vaccination increasing is very important for AMC and for the movie theater industry generally.”\n</blockquote>\n<h2>David vs. Goliath</h2>\n<p>AMC Entertainment was founded more than a century ago in Kansas City, Miss. Now the company must transform itself to compete in the era of streaming entertainment in which on-demand platforms designed for mobile devices and computers have taken market share.</p>\n<p>AMC’s Aron appears to be the person for the job. He is confronting the threat that movie studios pose by bypassing the theater experience in favor of releasing films to content streaming platforms first.</p>\n<blockquote>\n At next week’s CinemaCon, the big annual movie theatre conclave, @AMCTheatres receives the Marquis Award celebrating our 101 years of cinema leadership. At that time, I will emphasize the importance to studios of showcasing their movies in theatres before streaming them to homes.— Adam Aron (@CEOAdam) August 20, 2021\n</blockquote>\n<p>Movie studios and theaters have long had a love/hate relationship given the dependence that the cinema companies have on studios for their very survival. Since the pandemic hit, some major movie studios inked deals with movie chains such as AMC to soften the blow with a bigger piece of the profit pie as movies became available on demand.</p>\n<p>In the interim, another way that AMC’s Aron is fighting back is by embracing the cryptocurrency revolution, with plans to accept bitcoin as a payment method for tickets and popcorn by the end of the year.</p>","source":"yahoofinance","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>AMC Shares Soar 7% as Silver Lining Emerges</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\">\nAMC Shares Soar 7% as Silver Lining Emerges\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-24 10:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/amc-shares-soar-7-silver-211627667.html><strong>FX Empire</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of AMC Entertainment rallied nearly 7% on Monday, giving investors something to cheer about right out of the gate. The stock is inching closer to the USD 40 level once again after trading below...</p>\n\n<a href=\"https://finance.yahoo.com/news/amc-shares-soar-7-silver-211627667.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://finance.yahoo.com/news/amc-shares-soar-7-silver-211627667.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2161703720","content_text":"Shares of AMC Entertainment rallied nearly 7% on Monday, giving investors something to cheer about right out of the gate. The stock is inching closer to the USD 40 level once again after trading below the USD 30 threshold in early August.\nRetail investors have been drawn to AMC largely based on its meme-stock status, which is tied to sentiment on social media. Nevertheless, AMC’s fundamentals appear to be strengthening in their own right.\n\nMass Vaccinations in Sight\nAMC’s stock could be benefiting directly from a positive development out of the pharmaceutical sector. The U.S. FDA has given the green light to a COVID-19 vaccine made by Pfizer and BioNTech. The drug, which they are calling Comirnaty, will be made available to people as young as 16 years old.\nEven though millions of Americans have already been inoculated, the FDA stamp of approval is expected to instill confidence that the drug is safe. With mass vaccinations in sight, the economy stands to benefit, including the entertainment industry and movie chains such as AMC.\nIn fact, AMC CEO Adam Aron on the company’s Q2 earnings call made a link between the strength of the balance sheet and vaccination levels. He stated,\n\n “Vaccination rates have climbed quickly in 2021. And the counterintuitive result of this new Delta variant is that vaccinations likely will continue to rise, and vaccination increasing is very important for AMC and for the movie theater industry generally.”\n\nDavid vs. Goliath\nAMC Entertainment was founded more than a century ago in Kansas City, Miss. Now the company must transform itself to compete in the era of streaming entertainment in which on-demand platforms designed for mobile devices and computers have taken market share.\nAMC’s Aron appears to be the person for the job. He is confronting the threat that movie studios pose by bypassing the theater experience in favor of releasing films to content streaming platforms first.\n\n At next week’s CinemaCon, the big annual movie theatre conclave, @AMCTheatres receives the Marquis Award celebrating our 101 years of cinema leadership. At that time, I will emphasize the importance to studios of showcasing their movies in theatres before streaming them to homes.— Adam Aron (@CEOAdam) August 20, 2021\n\nMovie studios and theaters have long had a love/hate relationship given the dependence that the cinema companies have on studios for their very survival. Since the pandemic hit, some major movie studios inked deals with movie chains such as AMC to soften the blow with a bigger piece of the profit pie as movies became available on demand.\nIn the interim, another way that AMC’s Aron is fighting back is by embracing the cryptocurrency revolution, with plans to accept bitcoin as a payment method for tickets and popcorn by the end of the year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":644,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":113578916,"gmtCreate":1622629527935,"gmtModify":1704187647509,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577181668002271","authorIdStr":"3577181668002271"},"themes":[],"htmlText":"Oh i see","listText":"Oh i see","text":"Oh i see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/113578916","repostId":"1188552613","repostType":4,"isVote":1,"tweetType":1,"viewCount":121,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":194877393,"gmtCreate":1621365331812,"gmtModify":1704356429762,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577181668002271","authorIdStr":"3577181668002271"},"themes":[],"htmlText":"JXHXJ","listText":"JXHXJ","text":"JXHXJ","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/194877393","repostId":"2136995492","repostType":4,"repost":{"id":"2136995492","pubTimestamp":1621351887,"share":"https://ttm.financial/m/news/2136995492?lang=&edition=fundamental","pubTime":"2021-05-18 23:31","market":"us","language":"en","title":"4 Reasons to Buy Electronic Arts After Its Latest Earnings Report","url":"https://stock-news.laohu8.com/highlight/detail?id=2136995492","media":"Motley Fool","summary":"The gaming studio continues to put up consistent profits and growth.","content":"<p><b>Electronic Arts</b> (NASDAQ:EA) released its full-year 2021 earnings on May 11, delivering another year of solid growth for the gaming conglomerate. The company continues to delight shareholders by growing its top line through its long-standing franchises and up-and-coming games, while also acquiring new studios and returning cash to shareholders. Here are four reasons to buy Electronic Arts after its latest earnings report.</p>\n<h2>1. Growth of <i>Apex Legends</i></h2>\n<p>In the recent quarter, free-to-play battle royale game and <i>Fortnite</i> competitor <i>Apex Legends&nbsp;</i>hit $1 billion in lifetime bookings since its launch in 2019. CFO Blake Jorgenson mentioned that bookings (the equivalent of revenue in the gaming industry) doubled over the past 12 months, which shows the high growth the franchise is bringing to EA's business.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9f3983e379004486975fdfaf44fe4d28\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<p>The free-to-play game now has over 100 million players, just launched on the Nintendo Switch, and has a mobile version coming out of beta testing soon. While most of EA's franchises are low-growth, steady cash generators like <i>FIFA</i>, <i>Madden NFL</i>, and <i>The Sims</i>, <i>Apex Legends</i> is growing at a rapid pace and shows no signs of slowing down anytime soon.</p>\n<h2>2. Recent acquisitions</h2>\n<p>EA has made two recent acquisitions. One was the purchase of U.K. studio Codemasters for $1.2 billion. Codemasters owns racing titles like <i>Dirt</i> and <i>Grid</i>, but most importantly, it brings the <i>Formula One</i> franchise under EA's roof. F1 will likely not be a blockbuster franchise as the sport is not as popular as soccer or football worldwide, but it should generate a steady stream of cash each year while also giving EA Sports the potential to expand its esports and mobile capabilities.</p>\n<p>The second acquisition was Glu Mobile for $2.1 billion. The mobile-focused studio generates over $500 million in annual bookings, so the acquisition looks like it was made at a reasonable valuation. Plus, it brings over 500 mobile game developers under EA's umbrella.</p>\n<p>Historically, EA has struggled with the mobile market. It made up only 12.6% of bookings over the last 12 months, even though it makes up 50% of the overall gaming market. If EA can leverage Glu's expertise, the company's mobile segment could grow substantially over the next few years through Glu's franchises and a revamp of EA's existing mobile titles.</p>\n<h2>3. Returning cash to shareholders</h2>\n<p>Over the last year, EA repurchased 5.6 million shares of its stock, bringing the total share count down to an estimated 287.6 million. The company has a strong history of reducing its shares outstanding (and therefore increasing the earnings attributed to remaining shareholders) as a way of returning cash to investors. Its share count has steadily come down since 2012, where it stood at 331 million, to below 288 million today.</p>\n<p>EA has also started paying a $0.17 quarterly dividend on top of its consistent buyback program. The yield is small, at about 0.5%, but with $4.5 billion in net cash (cash minus debt) and almost $2 billion in annual cash flow, EA has a clear path to grow its dividend in conjunction with its buyback program over the next decade.</p>\n<h2>4. Reasonable valuation</h2>\n<p>EA has a market cap just north of $40 billion. But if you take out the $4.5 billion in net cash -- which it won't need to fund operations -- that comes down to around $36 billion. Guidance for the next fiscal year is for $1.75 billion in operating cash flow, meaning that currently, EA's stock trades at a price-to-operating cash flow (P/OCF) of 20.5. This is not dirt cheap, but totally reasonable if you believe EA can consistently grow its business while also returning cash to shareholders through buybacks and dividends.</p>\n<p>Overall, there are a lot of reasons to like Electronic Arts prospects over the next decade. It has a high-growth franchise in <i>Apex Legends</i>, has acquired some great assets from Codemasters and Glu Mobile, and should continue to repurchase stock and pay a dividend. For these reasons and more, EA stock looks like a buy after its latest earnings report.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>4 Reasons to Buy Electronic Arts After Its Latest Earnings 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\">\n4 Reasons to Buy Electronic Arts After Its Latest Earnings Report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-18 23:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/18/reasons-buy-electronic-arts-after-q4-earnings/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Electronic Arts (NASDAQ:EA) released its full-year 2021 earnings on May 11, delivering another year of solid growth for the gaming conglomerate. The company continues to delight shareholders by ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/18/reasons-buy-electronic-arts-after-q4-earnings/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"EA":"艺电"},"source_url":"https://www.fool.com/investing/2021/05/18/reasons-buy-electronic-arts-after-q4-earnings/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2136995492","content_text":"Electronic Arts (NASDAQ:EA) released its full-year 2021 earnings on May 11, delivering another year of solid growth for the gaming conglomerate. The company continues to delight shareholders by growing its top line through its long-standing franchises and up-and-coming games, while also acquiring new studios and returning cash to shareholders. Here are four reasons to buy Electronic Arts after its latest earnings report.\n1. Growth of Apex Legends\nIn the recent quarter, free-to-play battle royale game and Fortnite competitor Apex Legends hit $1 billion in lifetime bookings since its launch in 2019. CFO Blake Jorgenson mentioned that bookings (the equivalent of revenue in the gaming industry) doubled over the past 12 months, which shows the high growth the franchise is bringing to EA's business.\nImage source: Getty Images.\nThe free-to-play game now has over 100 million players, just launched on the Nintendo Switch, and has a mobile version coming out of beta testing soon. While most of EA's franchises are low-growth, steady cash generators like FIFA, Madden NFL, and The Sims, Apex Legends is growing at a rapid pace and shows no signs of slowing down anytime soon.\n2. Recent acquisitions\nEA has made two recent acquisitions. One was the purchase of U.K. studio Codemasters for $1.2 billion. Codemasters owns racing titles like Dirt and Grid, but most importantly, it brings the Formula One franchise under EA's roof. F1 will likely not be a blockbuster franchise as the sport is not as popular as soccer or football worldwide, but it should generate a steady stream of cash each year while also giving EA Sports the potential to expand its esports and mobile capabilities.\nThe second acquisition was Glu Mobile for $2.1 billion. The mobile-focused studio generates over $500 million in annual bookings, so the acquisition looks like it was made at a reasonable valuation. Plus, it brings over 500 mobile game developers under EA's umbrella.\nHistorically, EA has struggled with the mobile market. It made up only 12.6% of bookings over the last 12 months, even though it makes up 50% of the overall gaming market. If EA can leverage Glu's expertise, the company's mobile segment could grow substantially over the next few years through Glu's franchises and a revamp of EA's existing mobile titles.\n3. Returning cash to shareholders\nOver the last year, EA repurchased 5.6 million shares of its stock, bringing the total share count down to an estimated 287.6 million. The company has a strong history of reducing its shares outstanding (and therefore increasing the earnings attributed to remaining shareholders) as a way of returning cash to investors. Its share count has steadily come down since 2012, where it stood at 331 million, to below 288 million today.\nEA has also started paying a $0.17 quarterly dividend on top of its consistent buyback program. The yield is small, at about 0.5%, but with $4.5 billion in net cash (cash minus debt) and almost $2 billion in annual cash flow, EA has a clear path to grow its dividend in conjunction with its buyback program over the next decade.\n4. Reasonable valuation\nEA has a market cap just north of $40 billion. But if you take out the $4.5 billion in net cash -- which it won't need to fund operations -- that comes down to around $36 billion. Guidance for the next fiscal year is for $1.75 billion in operating cash flow, meaning that currently, EA's stock trades at a price-to-operating cash flow (P/OCF) of 20.5. This is not dirt cheap, but totally reasonable if you believe EA can consistently grow its business while also returning cash to shareholders through buybacks and dividends.\nOverall, there are a lot of reasons to like Electronic Arts prospects over the next decade. It has a high-growth franchise in Apex Legends, has acquired some great assets from Codemasters and Glu Mobile, and should continue to repurchase stock and pay a dividend. For these reasons and more, EA stock looks like a buy after its latest earnings report.","news_type":1},"isVote":1,"tweetType":1,"viewCount":41,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":329021100,"gmtCreate":1615191876800,"gmtModify":1704779316014,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577181668002271","authorIdStr":"3577181668002271"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/329021100","repostId":"2117651365","repostType":4,"repost":{"id":"2117651365","pubTimestamp":1615125354,"share":"https://ttm.financial/m/news/2117651365?lang=&edition=fundamental","pubTime":"2021-03-07 21:55","market":"us","language":"en","title":"Roblox goes public, inflation data: What to know in the week ahead","url":"https://stock-news.laohu8.com/highlight/detail?id=2117651365","media":"Yahoo Finance","summary":"This week, investors will be eyeing new inflation data, which will offer a look at whether prices ha","content":"<p>This week, investors will be eyeing new inflation data, which will offer a look at whether prices have already begun to creep up as some have feared ahead of a major economic reopening. A highly anticipated direct listing for the video game company Roblox is also on deck.</p><p>On Wednesday, the Labor Department will release its monthly Consumer Price Index (CPI), which tracks changes in prices for consumers across a broad basket of goods and services. Consensus economists anticipate that the CPI accelerated to see a 0.4% month-over-month increase in February, up from the 0.3% monthly rise in January, according to Bloomberg-compiled data.</p><p>Over last year, the CPI likely rose by 1.7%, picking up from the 1.4% rise in January. But excluding more volatile food and energy prices, the CPI is expected to have risen 1.4% year-over-year to match its January increase, since a jump in energy prices during the harsh winter weather last month likely contributed much of the gain.</p><p>Still, the possibility of an upside surprise in consumer prices gains has left investors jittery, with many market participants bracing for inflationary pressures to pick up rapidly later this year as more businesses reopen and many consumers start to release their pent-up savings during the pandemic.</p><p>\"If our forecast is correct, February would mark the beginning of a reversal of COVID-induced relative price changes. That would imply goods prices might decline but service prices might increase in coming months, as consumer demand shifts back to services requiring personal contact,\" Nomura chief economist Lewis Alexander wrote in a note Friday.</p><p>\"We expect relative price changes between goods and services to exert modest inflationary pressure going forward,\" he added. \"However, the persistent softness of rent inflation should limit the degree of acceleration in core inflation for some time, with the exception of an expected jump in year-on-year changes due to base effects.\"</p><p><img src=\"https://s.yimg.com/os/creatr-images/2020-04/0eb92cc0-8a43-11ea-ad7b-c4ef6d70b12d\" tg-width=\"5184\" tg-height=\"3456\" referrerpolicy=\"no-referrer\">Federal Reserve Chairman Jerome Powell holds a press conference following a two day Federal Open Market Committee policy meeting in Washington, U.S., January 30, 2019. REUTERS/Leah Millis TPX IMAGES OF THE DAYLeah Millis / Reuters</p><p>Federal Reserve Chair Jerome Powell has reiterated repeatedly that he believes any impending rise in inflation this year will be \"transitory,\" resulting as the year-over-year data laps 2020's highly depressed inflationary prints. For years preceding the pandemic, inflation had held well below the Fed's 2% target, as measured by core personal consumption expenditures (PCE). The Fed has signaled the economy remains \"well below\" its targets, suggesting it would not change its policy stance or work to stave off the first signs of rising inflation.</p><p>But investors' fears that the Fed may be under appreciating a possible surge in inflation has begun to mount in recent weeks. Those concerns have only grown in amplitude as Congress passes additional stimulus to consumers, and as the Federal Reserve keeps its foot on the gas pedal with ultra-accommodative monetary policy comprising near-zero interest rates and a massive asset purchase program. The benchmark 10-year Treasury yield surged to a <a href=\"https://laohu8.com/S/AONE\">one</a>-year high of about 1.6%, jumping by more than 50 basis points from levels a month earlier, as investors priced in the possibility that the Fed may need to tighten policy sooner than it has telegraphed as of late.</p><p>\"It is the inflation profile once reopening begins in earnest that should be of most interest,\" RBC Capital Markets economists wrote in a note Friday. \"The reality is that we are likely still a few months away from a significant supply/demand imbalance that is likely to take prices much higher.\"</p><p>\"Our baseline is for inflation to easily print with a 3-handle in 2Q and for the balance of 2021 thereafter,\" he added.</p><p><b>Roblox hits the public markets</b></p><p>Meanwhile, the video game company Roblox is set to make its public debut this week, in <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the latest high-profile, public facing companies to hit the public markets.</p><p>Roblox's direct listing is set to take place on the New York Stock Exchange on Wednesday under the ticker symbol \"RBLX.\" The move comes after the company delayed its public offering late last year amid a wave of exuberance in markets following Airbnb's (ABNB) and DoorDash's (DASH) IPOs.</p><p>By going public via a direct listing, Roblox will have existing stakeholders sell shares directly to public investors, rather than issuing new shares and conducting a fresh capital raise in the process as is the case in a traditional initial public offering. Companies including Spotify (SPOT) and Slack (WORK) also went public in recent years via direct listings, eschewing the typical IPO.</p><p>Roblox was last valued in the private market at $4 billion, following a $150 million funding round led by the venture capital firm Andreessen Horowitz in February last year.</p><p>Roblox daily active users have accelerated over the past couple years, and especially so during the pandemic with so many people stuck indoors and seeking out entertainment. Daily active users on Roblox grew by 85% to 32.6 million in 2020, accelerating from a 47% growth rate in 2019. Users' hours engaged also more than doubled to 30.6 billion last year.</p><p>That user growth has translated to major revenue growth for the 17-year-old company, which increased by 82% to about $924 million last year. Net losses have also widened, however, increasing from $71 million to about $253.3 million from 2019 to 2020.</p><p><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-01/2994b2e0-500d-11eb-bff0-d79b8e34795e\" tg-width=\"5472\" tg-height=\"3648\" referrerpolicy=\"no-referrer\">Alice Wilkinson (7) adds a face mask to her character on the game 'Roblox' at her home in Manchester, as the spread of the coronavirus disease (COVID-19) continues, Manchester, Britain, April 5, 2020. REUTERS/Phil NoblePhil Noble / reuters</p><p>As a beneficiary of 2020's stay-in-place orders, Roblox has already acknowledged that it's meteoric growth rates will likely not be sustained going forward.</p><p>\"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,\" the company said in a February 22 filing. \"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.\"</p><p>Roblox also recently issued guidance for the first and second quarters of this year, or for the three months ending in March and June, respectively. For the first quarter, daily active users may grow as much as 68% to 39.6 million, and revenue could grow as much as 85% to $335 million. For the second quarter, however, daily active user growth will likely grow as much as only 9% over last year, though revenue could still likely rise by as much as 86%, Roblox said.</p><p><b>Economic Calendar</b></p><ul><li><p><b>Monday: </b>Wholesale inventories, month-over-month, January final (1.3% expected, 1.3% in December)</p></li><li><p><b>Tuesday: </b>NFIB Small Business Optimism, February (96.3 expected, 95.0 in January)</p></li><li><p><b>Wednesday: </b>MBA Mortgage Applications, week ended March 5 (0.5% during prior week); Consumer Price Index, month-over-month, February (0.4% expected, 0.3% in January); Consumer Price Index excluding food and energy, month-over-month, February (0.2% expected, 0.0% in January); Consumer Price Index year-over-year, February (1.7% expected, 1.4% in January); Consumer Price Index excluding food and energy, year-over-year (1.4% expected, 1.4% in January); Monthly Budget Statement, February (-$162.8 billion in January)</p></li><li><p><b>Thursday: </b>Initial jobless claims, week ended March 6 (725,000 expected, 745,000 during prior week); Continuing claims, week ended February 27 (4.180 million expected, 4.295 million during prior week); JOLTS job openings, January (6.600 million expected, 6.646 million in December); Household change in net worth, 4Q ($3.817 trillion in 3Q)</p></li><li><p><b>Friday:</b> Producer price index, month-over-month, February (0.4% expected, 1.3% in January); Producer price index excluding food and energy, month-over-month, February (0.2% expected, 1.2% in January); Producer price index year-over-year, February (2.7% expected, 1.7% in January); Producer price index excluding food and energy, year-over-year (2.6% expected, 2.0% in January); University of Michigan Consumer Sentiment, March preliminary (78.0 expected, 76.8 in February)</p></li></ul><p><b>Earnings Calendar</b></p><ul><li><p><b>Monday: </b>StitchFix (SFIX), ContextLogic (WISH) after market close</p></li><li><p><b>Tuesday: </b>MongoDB (MDB) after market close</p></li><li><p><b>Wednesday: </b>Bumble (BMBL), Oracle (ORCL), AMC Entertainment (AMC) after market close</p></li><li><p><b>Thursday: </b>DocuSign (DOCU), Ulta (ULTA), Poshmark (POSH) after market close</p></li><li><p><b>Friday: </b>N/A</p></li></ul>","source":"yahoofinance","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 goes public, inflation data: What to know in the week ahead</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRoblox goes public, inflation data: What to know in the week ahead\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-07 21:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/roblox-goes-public-consumer-price-index-what-to-know-in-the-week-ahead-135554089.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>This week, investors will be eyeing new inflation data, which will offer a look at whether prices have already begun to creep up as some have feared ahead of a major economic reopening. A highly ...</p>\n\n<a href=\"https://finance.yahoo.com/news/roblox-goes-public-consumer-price-index-what-to-know-in-the-week-ahead-135554089.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF","RBLX":"Roblox Corporation",".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","ZM":"Zoom"},"source_url":"https://finance.yahoo.com/news/roblox-goes-public-consumer-price-index-what-to-know-in-the-week-ahead-135554089.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2117651365","content_text":"This week, investors will be eyeing new inflation data, which will offer a look at whether prices have already begun to creep up as some have feared ahead of a major economic reopening. A highly anticipated direct listing for the video game company Roblox is also on deck.On Wednesday, the Labor Department will release its monthly Consumer Price Index (CPI), which tracks changes in prices for consumers across a broad basket of goods and services. Consensus economists anticipate that the CPI accelerated to see a 0.4% month-over-month increase in February, up from the 0.3% monthly rise in January, according to Bloomberg-compiled data.Over last year, the CPI likely rose by 1.7%, picking up from the 1.4% rise in January. But excluding more volatile food and energy prices, the CPI is expected to have risen 1.4% year-over-year to match its January increase, since a jump in energy prices during the harsh winter weather last month likely contributed much of the gain.Still, the possibility of an upside surprise in consumer prices gains has left investors jittery, with many market participants bracing for inflationary pressures to pick up rapidly later this year as more businesses reopen and many consumers start to release their pent-up savings during the pandemic.\"If our forecast is correct, February would mark the beginning of a reversal of COVID-induced relative price changes. That would imply goods prices might decline but service prices might increase in coming months, as consumer demand shifts back to services requiring personal contact,\" Nomura chief economist Lewis Alexander wrote in a note Friday.\"We expect relative price changes between goods and services to exert modest inflationary pressure going forward,\" he added. \"However, the persistent softness of rent inflation should limit the degree of acceleration in core inflation for some time, with the exception of an expected jump in year-on-year changes due to base effects.\"Federal Reserve Chairman Jerome Powell holds a press conference following a two day Federal Open Market Committee policy meeting in Washington, U.S., January 30, 2019. REUTERS/Leah Millis TPX IMAGES OF THE DAYLeah Millis / ReutersFederal Reserve Chair Jerome Powell has reiterated repeatedly that he believes any impending rise in inflation this year will be \"transitory,\" resulting as the year-over-year data laps 2020's highly depressed inflationary prints. For years preceding the pandemic, inflation had held well below the Fed's 2% target, as measured by core personal consumption expenditures (PCE). The Fed has signaled the economy remains \"well below\" its targets, suggesting it would not change its policy stance or work to stave off the first signs of rising inflation.But investors' fears that the Fed may be under appreciating a possible surge in inflation has begun to mount in recent weeks. Those concerns have only grown in amplitude as Congress passes additional stimulus to consumers, and as the Federal Reserve keeps its foot on the gas pedal with ultra-accommodative monetary policy comprising near-zero interest rates and a massive asset purchase program. The benchmark 10-year Treasury yield surged to a one-year high of about 1.6%, jumping by more than 50 basis points from levels a month earlier, as investors priced in the possibility that the Fed may need to tighten policy sooner than it has telegraphed as of late.\"It is the inflation profile once reopening begins in earnest that should be of most interest,\" RBC Capital Markets economists wrote in a note Friday. \"The reality is that we are likely still a few months away from a significant supply/demand imbalance that is likely to take prices much higher.\"\"Our baseline is for inflation to easily print with a 3-handle in 2Q and for the balance of 2021 thereafter,\" he added.Roblox hits the public marketsMeanwhile, the video game company Roblox is set to make its public debut this week, in one of the latest high-profile, public facing companies to hit the public markets.Roblox's direct listing is set to take place on the New York Stock Exchange on Wednesday under the ticker symbol \"RBLX.\" The move comes after the company delayed its public offering late last year amid a wave of exuberance in markets following Airbnb's (ABNB) and DoorDash's (DASH) IPOs.By going public via a direct listing, Roblox will have existing stakeholders sell shares directly to public investors, rather than issuing new shares and conducting a fresh capital raise in the process as is the case in a traditional initial public offering. Companies including Spotify (SPOT) and Slack (WORK) also went public in recent years via direct listings, eschewing the typical IPO.Roblox was last valued in the private market at $4 billion, following a $150 million funding round led by the venture capital firm Andreessen Horowitz in February last year.Roblox daily active users have accelerated over the past couple years, and especially so during the pandemic with so many people stuck indoors and seeking out entertainment. Daily active users on Roblox grew by 85% to 32.6 million in 2020, accelerating from a 47% growth rate in 2019. Users' hours engaged also more than doubled to 30.6 billion last year.That user growth has translated to major revenue growth for the 17-year-old company, which increased by 82% to about $924 million last year. Net losses have also widened, however, increasing from $71 million to about $253.3 million from 2019 to 2020.Alice Wilkinson (7) adds a face mask to her character on the game 'Roblox' at her home in Manchester, as the spread of the coronavirus disease (COVID-19) continues, Manchester, Britain, April 5, 2020. REUTERS/Phil NoblePhil Noble / reutersAs a beneficiary of 2020's stay-in-place orders, Roblox has already acknowledged that it's meteoric growth rates will likely not be sustained going forward.\"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,\" the company said in a February 22 filing. \"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.\"Roblox also recently issued guidance for the first and second quarters of this year, or for the three months ending in March and June, respectively. For the first quarter, daily active users may grow as much as 68% to 39.6 million, and revenue could grow as much as 85% to $335 million. For the second quarter, however, daily active user growth will likely grow as much as only 9% over last year, though revenue could still likely rise by as much as 86%, Roblox said.Economic CalendarMonday: Wholesale inventories, month-over-month, January final (1.3% expected, 1.3% in December)Tuesday: NFIB Small Business Optimism, February (96.3 expected, 95.0 in January)Wednesday: MBA Mortgage Applications, week ended March 5 (0.5% during prior week); Consumer Price Index, month-over-month, February (0.4% expected, 0.3% in January); Consumer Price Index excluding food and energy, month-over-month, February (0.2% expected, 0.0% in January); Consumer Price Index year-over-year, February (1.7% expected, 1.4% in January); Consumer Price Index excluding food and energy, year-over-year (1.4% expected, 1.4% in January); Monthly Budget Statement, February (-$162.8 billion in January)Thursday: Initial jobless claims, week ended March 6 (725,000 expected, 745,000 during prior week); Continuing claims, week ended February 27 (4.180 million expected, 4.295 million during prior week); JOLTS job openings, January (6.600 million expected, 6.646 million in December); Household change in net worth, 4Q ($3.817 trillion in 3Q)Friday: Producer price index, month-over-month, February (0.4% expected, 1.3% in January); Producer price index excluding food and energy, month-over-month, February (0.2% expected, 1.2% in January); Producer price index year-over-year, February (2.7% expected, 1.7% in January); Producer price index excluding food and energy, year-over-year (2.6% expected, 2.0% in January); University of Michigan Consumer Sentiment, March preliminary (78.0 expected, 76.8 in February)Earnings CalendarMonday: StitchFix (SFIX), ContextLogic (WISH) after market closeTuesday: MongoDB (MDB) after market closeWednesday: Bumble (BMBL), Oracle (ORCL), AMC Entertainment (AMC) after market closeThursday: DocuSign (DOCU), Ulta (ULTA), Poshmark (POSH) after market closeFriday: N/A","news_type":1},"isVote":1,"tweetType":1,"viewCount":10,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144761879,"gmtCreate":1626315005491,"gmtModify":1703757697722,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577181668002271","authorIdStr":"3577181668002271"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/144761879","repostId":"2151454562","repostType":4,"isVote":1,"tweetType":1,"viewCount":446,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":343831479,"gmtCreate":1617699940791,"gmtModify":1704701930118,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577181668002271","authorIdStr":"3577181668002271"},"themes":[],"htmlText":"Yes true","listText":"Yes true","text":"Yes true","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/343831479","repostId":"1101907559","repostType":4,"repost":{"id":"1101907559","pubTimestamp":1617672655,"share":"https://ttm.financial/m/news/1101907559?lang=&edition=fundamental","pubTime":"2021-04-06 09:30","market":"us","language":"en","title":"Opinion: Financial crises get triggered about every 10 years — Archegos might be right on time","url":"https://stock-news.laohu8.com/highlight/detail?id=1101907559","media":"marketwatch","summary":"No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.Financial crises are never quite the same. During the late 1980s, nearly a third of the nation’s savings and loan associations failed, ending with a taxpayer bailout — in 2021 terms — of about $265 billion.In 1997-1998, financial crises in Asia and Russia led to the near meltdown of the largest hedge fund in the U.S. —Long-Term Capital Management. Its reach and operating practices were","content":"<blockquote>\n <b>No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.</b>\n</blockquote>\n<p>Financial crises are never quite the same. During the late 1980s, nearly a third of the nation’s savings and loan associations failed, ending with a taxpayer bailout — in 2021 terms — of about $265 billion.</p>\n<p>In 1997-1998, financial crises in Asia and Russia led to the near meltdown of the largest hedge fund in the U.S. —Long-Term Capital Management(LTCM). Its reach and operating practices were such that Federal Reserve Chairman Alan Greenspan said that when LTCM failed, “he had never seen anything in his lifetime that compared to the terror” he felt. LTCM was deemed “too big to fail,” and he engineered a bailout by 14 major U.S. financial institutions.</p>\n<p>Exactly a decade later, too much leverage by some of those very institutions, and the bursting of a U.S. real estate bubble, led to the near collapse of the U.S. financial system. Once again, big banks were deemed too big to fail and taxpayers came to the rescue.</p>\n<p>The trend? Every 10 years or so, and they all look different.&nbsp;Are we in the early stages of a new crisis now, with the blowup at the family office Archegos Capital Management LP?</p>\n<p>A family office, for the uninitiated, is a private wealth management vehicle for the ultra-wealthy. Here’s what I mean by ultra-wealthy: Consulting firm EY estimates there are some 10,000 family offices globally, but manage, says a separate estimate by market research firm Campden Research, nearly $6 trillion. That $6 trillion is likely far higher now given that it’s based on 2019 data.</p>\n<p><b>Unregulated money managers</b></p>\n<p>Here’s the potential danger. Family offices generally aren’t regulated. The 1940 Investment Advisers Act says firms with 15 clients or fewer don’t have to register with the Securities and Exchange Commission. What this means is that trillions of dollars are in play and no one can really say who’s running the money, what it’s invested in, how much leverage is being used, and what kind of counterparty risk may exist. (Counterparty risk is the probability that one party involved in a financial transaction could default on a contractual obligation to someone else.)</p>\n<p>This appears to be the case with Archegos. The firm bet heavily on certain Chinese stocks, including e-commerce player&nbsp;Vipshop Holdings&nbsp;Ltd.VIPS,-1.19%,U.S.-listed Chinese tutoring company&nbsp;GSX Techedu&nbsp;Inc.GSX,-10.63%and U.S. media companiesViacomCBS&nbsp;Inc.VIAC,-3.90%and&nbsp;Discovery&nbsp;Inc.DISCA,-3.86%,among others. Share prices have tumbled lately, sparking large sales — some $30 billion — by Archegos.</p>\n<p>The problem is that only about a third of that, or $10 billion, was its own money. We now know that Archegos worked with some of the biggest names on Wall Street, including&nbsp;Credit Suisse Group AGCS,+1.59%,UBS Group AGUBS,+1.01%,Goldman Sachs Group Inc.GS,-1.25%,&nbsp;Morgan StanleyMS,-0.28%,Deutsche Bank AGDB,+0.74%and Nomura Holdings Inc.&nbsp;NMR,+1.87%.</p>\n<p>But since family offices are largely allowed to operate unregulated, who’s to say how much money is really involved here and what the extent of market risk is? My colleague Mark DeCambre&nbsp;reported last week that Archegos’ true exposures to bad trades could actuallybe closer to $100 billion.</p>\n<p><b>Danger of counterparty risk</b></p>\n<p>This is where counterparty risk comes in. As Archegos’ bets went south, the above banks — looking at losses of their own — hit the firm with margin calls. Deutsche quickly dumped about $4 billion in holdings, while Goldman and Morgan Stanley are also said to have unwound their positions, perhaps limiting their downside.</p>\n<p>So is this a financial crisis? It doesn’t appear to be. Even so, the Securities and Exchange Commission has opened a preliminary investigation into Archegos and its founder, Bill Hwang.</p>\n<p>One peer, Tom Lee, the research chief of Fundstrat Global Advisors, calls Hwang one of the “top 10 of the best investment minds” he knows.</p>\n<p>But federal regulators may have a lesser opinion. In 2012, Hwang’s former hedge fund, Tiger Asia Management, pleaded guilty and paid more than $60 million in penalties after it was accused of trading on illegal tips about Chinese banks. The SEC banned Hwang from managing money on behalf of clients — essentially booting him from the hedge fund industry. So Hwang opened Archegos, and again, family offices aren’t generally aren’t regulated.</p>\n<p><b>Yellen on the case</b></p>\n<p>This issue is on Treasury Secretary Janet Yellen’s radar. She said last week that greater oversight of these private corners of the financial industry is needed. The Financial Stability Oversight Council (FSOC), which she oversees, has revived a task force to help agencies better “share data, identify risks and work to strengthen our financial system.”</p>\n<p>Most financial crises end up with American taxpayers getting stuck with the tab. Gains belong to the risk-takers. But losses — they belong to us. To paraphrase Abe Lincoln, family offices — a multi-trillion dollar industry largely allowed to operate in the shadows in a global financial system that is more intertwined than ever — are of the super-wealthy, by the super-wealthy and for the super-wealthy. And no one else.</p>\n<p>The Archegos collapse may or may not be the beginning of yet another financial crisis. But who’s to say what thousands of other family offices are doing with their trillions, and whether similar problems could blow up?</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Opinion: Financial crises get triggered about every 10 years — Archegos might be right on time</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\">\nOpinion: Financial crises get triggered about every 10 years — Archegos might be right on time\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-06 09:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/financial-crises-happen-about-every-10-years-which-makes-the-archegos-meltdown-unnerving-11617634942?mod=home-page><strong>marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.\n\nFinancial crises are never quite the same. During the late 1980s, nearly a third of ...</p>\n\n<a href=\"https://www.marketwatch.com/story/financial-crises-happen-about-every-10-years-which-makes-the-archegos-meltdown-unnerving-11617634942?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/story/financial-crises-happen-about-every-10-years-which-makes-the-archegos-meltdown-unnerving-11617634942?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101907559","content_text":"No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.\n\nFinancial crises are never quite the same. During the late 1980s, nearly a third of the nation’s savings and loan associations failed, ending with a taxpayer bailout — in 2021 terms — of about $265 billion.\nIn 1997-1998, financial crises in Asia and Russia led to the near meltdown of the largest hedge fund in the U.S. —Long-Term Capital Management(LTCM). Its reach and operating practices were such that Federal Reserve Chairman Alan Greenspan said that when LTCM failed, “he had never seen anything in his lifetime that compared to the terror” he felt. LTCM was deemed “too big to fail,” and he engineered a bailout by 14 major U.S. financial institutions.\nExactly a decade later, too much leverage by some of those very institutions, and the bursting of a U.S. real estate bubble, led to the near collapse of the U.S. financial system. Once again, big banks were deemed too big to fail and taxpayers came to the rescue.\nThe trend? Every 10 years or so, and they all look different. Are we in the early stages of a new crisis now, with the blowup at the family office Archegos Capital Management LP?\nA family office, for the uninitiated, is a private wealth management vehicle for the ultra-wealthy. Here’s what I mean by ultra-wealthy: Consulting firm EY estimates there are some 10,000 family offices globally, but manage, says a separate estimate by market research firm Campden Research, nearly $6 trillion. That $6 trillion is likely far higher now given that it’s based on 2019 data.\nUnregulated money managers\nHere’s the potential danger. Family offices generally aren’t regulated. The 1940 Investment Advisers Act says firms with 15 clients or fewer don’t have to register with the Securities and Exchange Commission. What this means is that trillions of dollars are in play and no one can really say who’s running the money, what it’s invested in, how much leverage is being used, and what kind of counterparty risk may exist. (Counterparty risk is the probability that one party involved in a financial transaction could default on a contractual obligation to someone else.)\nThis appears to be the case with Archegos. The firm bet heavily on certain Chinese stocks, including e-commerce player Vipshop Holdings Ltd.VIPS,-1.19%,U.S.-listed Chinese tutoring company GSX Techedu Inc.GSX,-10.63%and U.S. media companiesViacomCBS Inc.VIAC,-3.90%and Discovery Inc.DISCA,-3.86%,among others. Share prices have tumbled lately, sparking large sales — some $30 billion — by Archegos.\nThe problem is that only about a third of that, or $10 billion, was its own money. We now know that Archegos worked with some of the biggest names on Wall Street, including Credit Suisse Group AGCS,+1.59%,UBS Group AGUBS,+1.01%,Goldman Sachs Group Inc.GS,-1.25%, Morgan StanleyMS,-0.28%,Deutsche Bank AGDB,+0.74%and Nomura Holdings Inc. NMR,+1.87%.\nBut since family offices are largely allowed to operate unregulated, who’s to say how much money is really involved here and what the extent of market risk is? My colleague Mark DeCambre reported last week that Archegos’ true exposures to bad trades could actuallybe closer to $100 billion.\nDanger of counterparty risk\nThis is where counterparty risk comes in. As Archegos’ bets went south, the above banks — looking at losses of their own — hit the firm with margin calls. Deutsche quickly dumped about $4 billion in holdings, while Goldman and Morgan Stanley are also said to have unwound their positions, perhaps limiting their downside.\nSo is this a financial crisis? It doesn’t appear to be. Even so, the Securities and Exchange Commission has opened a preliminary investigation into Archegos and its founder, Bill Hwang.\nOne peer, Tom Lee, the research chief of Fundstrat Global Advisors, calls Hwang one of the “top 10 of the best investment minds” he knows.\nBut federal regulators may have a lesser opinion. In 2012, Hwang’s former hedge fund, Tiger Asia Management, pleaded guilty and paid more than $60 million in penalties after it was accused of trading on illegal tips about Chinese banks. The SEC banned Hwang from managing money on behalf of clients — essentially booting him from the hedge fund industry. So Hwang opened Archegos, and again, family offices aren’t generally aren’t regulated.\nYellen on the case\nThis issue is on Treasury Secretary Janet Yellen’s radar. She said last week that greater oversight of these private corners of the financial industry is needed. The Financial Stability Oversight Council (FSOC), which she oversees, has revived a task force to help agencies better “share data, identify risks and work to strengthen our financial system.”\nMost financial crises end up with American taxpayers getting stuck with the tab. Gains belong to the risk-takers. But losses — they belong to us. To paraphrase Abe Lincoln, family offices — a multi-trillion dollar industry largely allowed to operate in the shadows in a global financial system that is more intertwined than ever — are of the super-wealthy, by the super-wealthy and for the super-wealthy. And no one else.\nThe Archegos collapse may or may not be the beginning of yet another financial crisis. But who’s to say what thousands of other family offices are doing with their trillions, and whether similar problems could blow up?","news_type":1},"isVote":1,"tweetType":1,"viewCount":42,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":321429665,"gmtCreate":1615463541057,"gmtModify":1704783088621,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577181668002271","authorIdStr":"3577181668002271"},"themes":[],"htmlText":"Wow amazing!","listText":"Wow amazing!","text":"Wow amazing!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/321429665","repostId":"1148700766","repostType":4,"repost":{"id":"1148700766","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":1615461584,"share":"https://ttm.financial/m/news/1148700766?lang=&edition=fundamental","pubTime":"2021-03-11 19:19","market":"us","language":"en","title":"Dating app Bumble expects pent up demand","url":"https://stock-news.laohu8.com/highlight/detail?id=1148700766","media":"Reuters","summary":"Bumble Inc on Wednesday said it expects pent up demand from people who had been avoiding dating in p","content":"<p>Bumble Inc on Wednesday said it expects pent up demand from people who had been avoiding dating in person due to the COVID-19 pandemic, after it reported a bigger-than-expected rise in fourth-quarter revenue.</p>\n<p>Dating apps have benefited from social distancing restrictions that made people yearn for company as casual gatherings with friends and family became a rarity.</p>\n<p>The company said it will build its friendship product Bumble BFF beyond its minimum viable offering as it expects friendships and platonic relationships at large to be a massive opportunity going forward.</p>\n<p>Texas-based Bumble expects current quarter revenue to be in the range of $163 million and $165 million.</p>\n<p>Bumble boasted of 12.7% of the U.S. dating market, with close to 5.5 million average monthly active users and 2.2 million downloads in the United States alone, during the quarter, according to data from analytics firm Apptopia.</p>\n<p>The company differentiates itself from competitors, biggest rival being Match Group’s Tinder, by allowing women to make the first move. It also has verticals like Bumble BFF and Bumble Bizz that are dedicated to make friendships and professional connection.</p>\n<p>Founded by Tinder co-founder Whitney Wolfe Herd, Bumble raised $2.2 billion in its initial public offering last month, following which Herd became the youngest female CEO to ever take a company public.</p>\n<p>Bumble, which operates two major apps Badoo and Bumble, posted a 31.1% rise in revenue to $165.6 million in the fourth quarter, first earnings report since it went public. Analysts on average had expected a revenue of $163.3 million, according to Refinitiv IBES data.</p>\n<p>Net loss widened to $26.1 million during the quarter, or 1 cent a share, from a net loss of $17.2 million a year ago.</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>Dating app Bumble expects pent up demand</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\">\nDating app Bumble expects pent up demand\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\">2021-03-11 19:19</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Bumble Inc on Wednesday said it expects pent up demand from people who had been avoiding dating in person due to the COVID-19 pandemic, after it reported a bigger-than-expected rise in fourth-quarter revenue.</p>\n<p>Dating apps have benefited from social distancing restrictions that made people yearn for company as casual gatherings with friends and family became a rarity.</p>\n<p>The company said it will build its friendship product Bumble BFF beyond its minimum viable offering as it expects friendships and platonic relationships at large to be a massive opportunity going forward.</p>\n<p>Texas-based Bumble expects current quarter revenue to be in the range of $163 million and $165 million.</p>\n<p>Bumble boasted of 12.7% of the U.S. dating market, with close to 5.5 million average monthly active users and 2.2 million downloads in the United States alone, during the quarter, according to data from analytics firm Apptopia.</p>\n<p>The company differentiates itself from competitors, biggest rival being Match Group’s Tinder, by allowing women to make the first move. It also has verticals like Bumble BFF and Bumble Bizz that are dedicated to make friendships and professional connection.</p>\n<p>Founded by Tinder co-founder Whitney Wolfe Herd, Bumble raised $2.2 billion in its initial public offering last month, following which Herd became the youngest female CEO to ever take a company public.</p>\n<p>Bumble, which operates two major apps Badoo and Bumble, posted a 31.1% rise in revenue to $165.6 million in the fourth quarter, first earnings report since it went public. Analysts on average had expected a revenue of $163.3 million, according to Refinitiv IBES data.</p>\n<p>Net loss widened to $26.1 million during the quarter, or 1 cent a share, from a net loss of $17.2 million a year ago.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BMBL":"Bumble Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148700766","content_text":"Bumble Inc on Wednesday said it expects pent up demand from people who had been avoiding dating in person due to the COVID-19 pandemic, after it reported a bigger-than-expected rise in fourth-quarter revenue.\nDating apps have benefited from social distancing restrictions that made people yearn for company as casual gatherings with friends and family became a rarity.\nThe company said it will build its friendship product Bumble BFF beyond its minimum viable offering as it expects friendships and platonic relationships at large to be a massive opportunity going forward.\nTexas-based Bumble expects current quarter revenue to be in the range of $163 million and $165 million.\nBumble boasted of 12.7% of the U.S. dating market, with close to 5.5 million average monthly active users and 2.2 million downloads in the United States alone, during the quarter, according to data from analytics firm Apptopia.\nThe company differentiates itself from competitors, biggest rival being Match Group’s Tinder, by allowing women to make the first move. It also has verticals like Bumble BFF and Bumble Bizz that are dedicated to make friendships and professional connection.\nFounded by Tinder co-founder Whitney Wolfe Herd, Bumble raised $2.2 billion in its initial public offering last month, following which Herd became the youngest female CEO to ever take a company public.\nBumble, which operates two major apps Badoo and Bumble, posted a 31.1% rise in revenue to $165.6 million in the fourth quarter, first earnings report since it went public. Analysts on average had expected a revenue of $163.3 million, according to Refinitiv IBES data.\nNet loss widened to $26.1 million during the quarter, or 1 cent a share, from a net loss of $17.2 million a year ago.","news_type":1},"isVote":1,"tweetType":1,"viewCount":32,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":329881283,"gmtCreate":1615220462942,"gmtModify":1704779827307,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577181668002271","authorIdStr":"3577181668002271"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/329881283","repostId":"1130305981","repostType":4,"repost":{"id":"1130305981","pubTimestamp":1615217480,"share":"https://ttm.financial/m/news/1130305981?lang=&edition=fundamental","pubTime":"2021-03-08 23:31","market":"us","language":"en","title":"Buy Target Stock on the Dip, Analyst Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1130305981","media":"Barrons","summary":"Targetstock soared in 2020, as the Covid-19 pandemic funneled millions of new customers to its store","content":"<p>Targetstock soared in 2020, as the Covid-19 pandemic funneled millions of new customers to its stores and website, yet that rally has stalled as investors look toward an end to the crisis. Yet Guggenheim argues that Target’s advantage is here to stay, and that selloff is a buying opportunity.</p>\n<p>Analyst Robert Drbul boosted his rating on Target (ticker: TGT) to Buy from Neutral, and established a $200 price target on Monday. He writes that he has “admired the execution and performance of the company over the past year and have been waiting for a pullback to become more constructive.” With the shares off some 6% last week,despite another upbeat earnings report, that time has come.</p>\n<p>Drbul sees three main reasons to be bullish on Target. First, he notes the tremendous growth the company saw last year, when it grew revenue by $15 billion, more than the company had grown over the prior 11 years combined.</p>\n<p>“Target proved fulfill-from-store can work, driving share gains and meeting an unprecedented demand led by a rise in digital demand,” he writes, and while he had “stubbornly been skeptical” of the company’s ability to execute as well as major competitors such asWalmart(WMT) andAmazon.com(AMZN), those fears have been laid to rest, leading him to think that these three retailers will keep their pandemic market-share gains.</p>\n<p>Second, he also likes the company’s expanding partnerships with key brands, includingLevi Strauss(LEVI), Ulta Beauty (ULTA), andWalt Disney(DIS). He notes that these high-profile agreements with popular consumer brands could be a “tipping point for vendors,” as they drive more and more traffic to Target.</p>\n<p>Finally, Drbul is upbeat about the U.S. consumer in 2021: While unemployment remains an issue, government stimulus and greater savings rates should allow for more shopping. “We expect Target to fully participate in the discretionary spending increase in 2021, led by its apparel offering.”</p>\n<p>Target stock is up 1.4% to $175 in recent trading. The shares are up 66% in the past 12 months but have fallen 2.2% year to date. Other analysts have also argued that therecent selloff is overdone.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Buy Target Stock on the Dip, Analyst Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBuy Target Stock on the Dip, Analyst Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-08 23:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/buy-target-stock-on-the-dip-analyst-says-51615214880?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Targetstock soared in 2020, as the Covid-19 pandemic funneled millions of new customers to its stores and website, yet that rally has stalled as investors look toward an end to the crisis. Yet ...</p>\n\n<a href=\"https://www.barrons.com/articles/buy-target-stock-on-the-dip-analyst-says-51615214880?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.barrons.com/articles/buy-target-stock-on-the-dip-analyst-says-51615214880?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130305981","content_text":"Targetstock soared in 2020, as the Covid-19 pandemic funneled millions of new customers to its stores and website, yet that rally has stalled as investors look toward an end to the crisis. Yet Guggenheim argues that Target’s advantage is here to stay, and that selloff is a buying opportunity.\nAnalyst Robert Drbul boosted his rating on Target (ticker: TGT) to Buy from Neutral, and established a $200 price target on Monday. He writes that he has “admired the execution and performance of the company over the past year and have been waiting for a pullback to become more constructive.” With the shares off some 6% last week,despite another upbeat earnings report, that time has come.\nDrbul sees three main reasons to be bullish on Target. First, he notes the tremendous growth the company saw last year, when it grew revenue by $15 billion, more than the company had grown over the prior 11 years combined.\n“Target proved fulfill-from-store can work, driving share gains and meeting an unprecedented demand led by a rise in digital demand,” he writes, and while he had “stubbornly been skeptical” of the company’s ability to execute as well as major competitors such asWalmart(WMT) andAmazon.com(AMZN), those fears have been laid to rest, leading him to think that these three retailers will keep their pandemic market-share gains.\nSecond, he also likes the company’s expanding partnerships with key brands, includingLevi Strauss(LEVI), Ulta Beauty (ULTA), andWalt Disney(DIS). He notes that these high-profile agreements with popular consumer brands could be a “tipping point for vendors,” as they drive more and more traffic to Target.\nFinally, Drbul is upbeat about the U.S. consumer in 2021: While unemployment remains an issue, government stimulus and greater savings rates should allow for more shopping. “We expect Target to fully participate in the discretionary spending increase in 2021, led by its apparel offering.”\nTarget stock is up 1.4% to $175 in recent trading. The shares are up 66% in the past 12 months but have fallen 2.2% year to date. Other analysts have also argued that therecent selloff is overdone.","news_type":1},"isVote":1,"tweetType":1,"viewCount":17,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":803359124,"gmtCreate":1627424224668,"gmtModify":1703489496175,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577181668002271","authorIdStr":"3577181668002271"},"themes":[],"htmlText":"Oh ok","listText":"Oh ok","text":"Oh ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/803359124","repostId":"2154691065","repostType":4,"repost":{"id":"2154691065","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1627423500,"share":"https://ttm.financial/m/news/2154691065?lang=&edition=fundamental","pubTime":"2021-07-28 06:05","market":"us","language":"en","title":"Apple profit nearly doubles as iPhone sales boom, but company projects growth slowdown","url":"https://stock-news.laohu8.com/highlight/detail?id=2154691065","media":"Dow Jones","summary":"Supply constraints and foreign exchange expected to drive lower growth rate in September quarter. Apple Inc. just posted its strongest June quarter ever, with a near doubling of profits and a huge revenue beat for its iPhone business, though shares slipped in the extended session after the company projected slower growth for the current period.Apple's $$ revenue for the quarter rose to $81.43 billion from $59.69 billion, while analysts had been anticipating $73.34 billion. The biggest positive s","content":"<font class=\"NormalMinus1\" face=\"Arial\"> <p> MW Apple profit nearly doubles as iPhone sales boom, but company projects growth slowdown </p> <p> By Emily Bary </p> <p> Supply constraints and foreign exchange expected to drive lower growth rate in September quarter </p> <p> Apple Inc. just posted its strongest June quarter ever, with a near doubling of profits and a huge revenue beat for its iPhone business, though shares slipped in the extended session after the company projected slower growth for the current period. </p> <p> The company posted fiscal third-quarter net income of $21.74 billion, or $1.30 a share, up from $11.25 billion, or 65 cents a share, a year earlier. Analysts tracked by FactSet were expecting earnings per share of $1.01. </p> <p> Apple's <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> revenue for the quarter rose to $81.43 billion from $59.69 billion, while analysts had been anticipating $73.34 billion. The biggest positive surprise came in the iPhone segment, which exceeded revenue expectations by more than $5 billion. </p> <p> The smartphone giant delivered $39.57 billion in iPhone revenue, up from $26.42 billion a year prior and far ahead of the FactSet consensus, which called for $34.19 billion. </p> <p> Once again, Apple declined to provide a numerical revenue forecast for the current period but offered \"directional insights.\" </p> <p> Apple expects \"very strong double-digit\" year-over-year revenue growth in the September quarter, though with a growth rate not as high as the 36% seen in the June quarter, according to Chief Financial Officer Luca Maestri. The company anticipates a less favorable impact from foreign exchange, a return to \"more typical\" growth for the services business, and a greater impact from supply constraints relative to the June quarter. </p> <p> Though the company was able to limit the impact of supply constraints in the June quarter such that the impact was slightly below the low end of the $3 billion to $4 billion that executives had originally projected, Apple expects a higher number in the September quarter, with impacts mainly to the iPhone and iPad businesses. </p> <p> Chief Executive Tim Cook noted that Apple \"is paying more for freight costs than I would like to pay,\" though component costs are falling in aggregate. </p> <p> Shares were off 2.2% in after-hours trading. </p> <p> The company had been seeing strong performances from its iPad and Mac businesses amid the pandemic as the remote-work boom fueled demand for those devices, and Apple posted growth once again in the June period. Apple generated $8.24 billion in Mac revenue for the quarter, up from $7.08 billion a year prior, as well as $7.37 billion in iPad revenue, up from $6.59 billion a year ago. Analysts were projecting $7.86 billion and $7.17 billion, respectively. </p> <p> Apple saw revenue for its services unit climb to $17.49 billion from $13.16 billion a year ago, above estimates for $16.26 billion. The services revenue total was an all-time record. </p> <p> The company posted $8.78 billion in revenue from its wearables, home and accessories segment. That compares with $6.45 billion a year prior and the $7.83 billion FactSet consensus. </p> <p> Shares of Apple have gained just over 10% so far this year as the Dow Jones Industrial Average , of which Apple is a component, has risen upwards of 14%. </p> <p> -Emily Bary; 415-439-6400; AskNewswires@dowjones.com </p> <pre>\n \n</pre> <p> <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires </p> <p> July 27, 2021 18:05 ET (22:05 GMT) </p> <p> Copyright (c) 2021 Dow Jones &amp; Company, Inc. </p> </font>","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 profit nearly doubles as iPhone sales boom, but company projects growth slowdown</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 profit nearly doubles as iPhone sales boom, but company projects growth slowdown\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/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-07-28 06:05</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\"> <p> MW Apple profit nearly doubles as iPhone sales boom, but company projects growth slowdown </p> <p> By Emily Bary </p> <p> Supply constraints and foreign exchange expected to drive lower growth rate in September quarter </p> <p> Apple Inc. just posted its strongest June quarter ever, with a near doubling of profits and a huge revenue beat for its iPhone business, though shares slipped in the extended session after the company projected slower growth for the current period. </p> <p> The company posted fiscal third-quarter net income of $21.74 billion, or $1.30 a share, up from $11.25 billion, or 65 cents a share, a year earlier. Analysts tracked by FactSet were expecting earnings per share of $1.01. </p> <p> Apple's <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> revenue for the quarter rose to $81.43 billion from $59.69 billion, while analysts had been anticipating $73.34 billion. The biggest positive surprise came in the iPhone segment, which exceeded revenue expectations by more than $5 billion. </p> <p> The smartphone giant delivered $39.57 billion in iPhone revenue, up from $26.42 billion a year prior and far ahead of the FactSet consensus, which called for $34.19 billion. </p> <p> Once again, Apple declined to provide a numerical revenue forecast for the current period but offered \"directional insights.\" </p> <p> Apple expects \"very strong double-digit\" year-over-year revenue growth in the September quarter, though with a growth rate not as high as the 36% seen in the June quarter, according to Chief Financial Officer Luca Maestri. The company anticipates a less favorable impact from foreign exchange, a return to \"more typical\" growth for the services business, and a greater impact from supply constraints relative to the June quarter. </p> <p> Though the company was able to limit the impact of supply constraints in the June quarter such that the impact was slightly below the low end of the $3 billion to $4 billion that executives had originally projected, Apple expects a higher number in the September quarter, with impacts mainly to the iPhone and iPad businesses. </p> <p> Chief Executive Tim Cook noted that Apple \"is paying more for freight costs than I would like to pay,\" though component costs are falling in aggregate. </p> <p> Shares were off 2.2% in after-hours trading. </p> <p> The company had been seeing strong performances from its iPad and Mac businesses amid the pandemic as the remote-work boom fueled demand for those devices, and Apple posted growth once again in the June period. Apple generated $8.24 billion in Mac revenue for the quarter, up from $7.08 billion a year prior, as well as $7.37 billion in iPad revenue, up from $6.59 billion a year ago. Analysts were projecting $7.86 billion and $7.17 billion, respectively. </p> <p> Apple saw revenue for its services unit climb to $17.49 billion from $13.16 billion a year ago, above estimates for $16.26 billion. The services revenue total was an all-time record. </p> <p> The company posted $8.78 billion in revenue from its wearables, home and accessories segment. That compares with $6.45 billion a year prior and the $7.83 billion FactSet consensus. </p> <p> Shares of Apple have gained just over 10% so far this year as the Dow Jones Industrial Average , of which Apple is a component, has risen upwards of 14%. </p> <p> -Emily Bary; 415-439-6400; AskNewswires@dowjones.com </p> <pre>\n \n</pre> <p> <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires </p> <p> July 27, 2021 18:05 ET (22:05 GMT) </p> <p> Copyright (c) 2021 Dow Jones &amp; Company, Inc. </p> </font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154691065","content_text":"MW Apple profit nearly doubles as iPhone sales boom, but company projects growth slowdown   By Emily Bary   Supply constraints and foreign exchange expected to drive lower growth rate in September quarter   Apple Inc. just posted its strongest June quarter ever, with a near doubling of profits and a huge revenue beat for its iPhone business, though shares slipped in the extended session after the company projected slower growth for the current period.   The company posted fiscal third-quarter net income of $21.74 billion, or $1.30 a share, up from $11.25 billion, or 65 cents a share, a year earlier. Analysts tracked by FactSet were expecting earnings per share of $1.01.   Apple's $(AAPL)$ revenue for the quarter rose to $81.43 billion from $59.69 billion, while analysts had been anticipating $73.34 billion. The biggest positive surprise came in the iPhone segment, which exceeded revenue expectations by more than $5 billion.   The smartphone giant delivered $39.57 billion in iPhone revenue, up from $26.42 billion a year prior and far ahead of the FactSet consensus, which called for $34.19 billion.   Once again, Apple declined to provide a numerical revenue forecast for the current period but offered \"directional insights.\"   Apple expects \"very strong double-digit\" year-over-year revenue growth in the September quarter, though with a growth rate not as high as the 36% seen in the June quarter, according to Chief Financial Officer Luca Maestri. The company anticipates a less favorable impact from foreign exchange, a return to \"more typical\" growth for the services business, and a greater impact from supply constraints relative to the June quarter.   Though the company was able to limit the impact of supply constraints in the June quarter such that the impact was slightly below the low end of the $3 billion to $4 billion that executives had originally projected, Apple expects a higher number in the September quarter, with impacts mainly to the iPhone and iPad businesses.   Chief Executive Tim Cook noted that Apple \"is paying more for freight costs than I would like to pay,\" though component costs are falling in aggregate.   Shares were off 2.2% in after-hours trading.   The company had been seeing strong performances from its iPad and Mac businesses amid the pandemic as the remote-work boom fueled demand for those devices, and Apple posted growth once again in the June period. Apple generated $8.24 billion in Mac revenue for the quarter, up from $7.08 billion a year prior, as well as $7.37 billion in iPad revenue, up from $6.59 billion a year ago. Analysts were projecting $7.86 billion and $7.17 billion, respectively.   Apple saw revenue for its services unit climb to $17.49 billion from $13.16 billion a year ago, above estimates for $16.26 billion. The services revenue total was an all-time record.   The company posted $8.78 billion in revenue from its wearables, home and accessories segment. That compares with $6.45 billion a year prior and the $7.83 billion FactSet consensus.   Shares of Apple have gained just over 10% so far this year as the Dow Jones Industrial Average , of which Apple is a component, has risen upwards of 14%.   -Emily Bary; 415-439-6400; AskNewswires@dowjones.com  \n \n  $(END)$ Dow Jones Newswires   July 27, 2021 18:05 ET (22:05 GMT)   Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":227,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167844842,"gmtCreate":1624262137186,"gmtModify":1703831842200,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577181668002271","authorIdStr":"3577181668002271"},"themes":[],"htmlText":"Okay i see","listText":"Okay i see","text":"Okay i 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href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$</a>","listText":"【快訊】《消費者報告》稱，特斯拉(TSLA.O)在公共道路上使用的“完全自動駕駛”測試軟件缺乏安全措施。<a 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\n \n  在投資蔚來汽車後，我更加確認2020年-2021年是新能源股票的高峯期，截止目前，當我覆盤過去的投資決策，我發現我做的都是對的。\n 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see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/162190204","repostId":"162970771","repostType":1,"repost":{"id":162970771,"gmtCreate":1624032856088,"gmtModify":1703827285529,"author":{"id":"3527667586584720","authorId":"3527667586584720","name":"小虎综合资讯","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667586584720","authorIdStr":"3527667586584720"},"themes":[],"title":"愛回收登陸紐交所，首日掛牌開漲31.21%","htmlText":"6月18日，互聯網二手電子產品銷售平臺愛回收在紐約證交所首日掛牌高開31.21%，報18.37美元，總市值46.78億美元。 今晚，80後復旦學子率隊站上了IPO敲鐘舞臺。 投資界6月18日消息，中國最大的二手消費電子產品交易和服務平臺——萬物新生（愛回收）集團成功在紐交所掛牌上市，成爲中概股ESG第一股。此次IPO發行價爲14美元，對應市值35.65億美元（約合人民幣230億元）。 萬物新生背後，是一對復旦師兄弟的創業故事。2011年，已經31歲的陳雪峯聯手師兄孫文俊踏入一門被忽視的生意——二手手機回收。一路走來，萬物新生曾經歷一段艱難歲月，陳雪峯一度被投資人拒之門外。如今，這位41歲創始人終於斬獲人生第一個IPO。 而萬物新生的崛起，同樣離不開身後一支投資天團。IPO前，萬物新生完成超70億元的融資，浮現了五源資本、天圖投資、景林投資、達晨財智、凱輝基金、前海母基金、老虎環球基金、啓承資本、國泰君安、清新資本、京東、快手等十餘家VC/PE機構和巨頭企業的身影。 回望十年曆程，陳雪峯在公開信寫到，我們從一個看似簡單的手機回收業務出發，“很幸運，我們不經意之間進入到了這樣一個容易被低估的行業。很長一段時間，我們一度被誤解爲是一個做手機拆解和提煉金屬的公司。”他感慨，創業中“被低估”很可能並不是壞事，很多成功往往都源於“被低估”。 復旦學子「收垃圾」 從回收舊手機起家，做出230億市值 愛回收的背後，是一位復旦程序員進階CEO的逆襲故事。 1980年，愛回收CEO陳雪峯出生於湖北黃石，從小學習成績出衆。他本科就讀於同濟大學計算機科學專業，之後又在復旦大學計算機系取得碩士學位。2006年，陳雪峯入職上海一家公司擔任技術經理，這段經歷持續了4年。 愛回收最初的創立靈感緣於幾年前的換物概念。2008年，還在做程序員的陳雪峯看到一則“別針換別墅”的新聞。新聞講述了一個美國男子通過以物","listText":"6月18日，互聯網二手電子產品銷售平臺愛回收在紐約證交所首日掛牌高開31.21%，報18.37美元，總市值46.78億美元。 今晚，80後復旦學子率隊站上了IPO敲鐘舞臺。 投資界6月18日消息，中國最大的二手消費電子產品交易和服務平臺——萬物新生（愛回收）集團成功在紐交所掛牌上市，成爲中概股ESG第一股。此次IPO發行價爲14美元，對應市值35.65億美元（約合人民幣230億元）。 萬物新生背後，是一對復旦師兄弟的創業故事。2011年，已經31歲的陳雪峯聯手師兄孫文俊踏入一門被忽視的生意——二手手機回收。一路走來，萬物新生曾經歷一段艱難歲月，陳雪峯一度被投資人拒之門外。如今，這位41歲創始人終於斬獲人生第一個IPO。 而萬物新生的崛起，同樣離不開身後一支投資天團。IPO前，萬物新生完成超70億元的融資，浮現了五源資本、天圖投資、景林投資、達晨財智、凱輝基金、前海母基金、老虎環球基金、啓承資本、國泰君安、清新資本、京東、快手等十餘家VC/PE機構和巨頭企業的身影。 回望十年曆程，陳雪峯在公開信寫到，我們從一個看似簡單的手機回收業務出發，“很幸運，我們不經意之間進入到了這樣一個容易被低估的行業。很長一段時間，我們一度被誤解爲是一個做手機拆解和提煉金屬的公司。”他感慨，創業中“被低估”很可能並不是壞事，很多成功往往都源於“被低估”。 復旦學子「收垃圾」 從回收舊手機起家，做出230億市值 愛回收的背後，是一位復旦程序員進階CEO的逆襲故事。 1980年，愛回收CEO陳雪峯出生於湖北黃石，從小學習成績出衆。他本科就讀於同濟大學計算機科學專業，之後又在復旦大學計算機系取得碩士學位。2006年，陳雪峯入職上海一家公司擔任技術經理，這段經歷持續了4年。 愛回收最初的創立靈感緣於幾年前的換物概念。2008年，還在做程序員的陳雪峯看到一則“別針換別墅”的新聞。新聞講述了一個美國男子通過以物","text":"6月18日，互聯網二手電子產品銷售平臺愛回收在紐約證交所首日掛牌高開31.21%，報18.37美元，總市值46.78億美元。 今晚，80後復旦學子率隊站上了IPO敲鐘舞臺。 投資界6月18日消息，中國最大的二手消費電子產品交易和服務平臺——萬物新生（愛回收）集團成功在紐交所掛牌上市，成爲中概股ESG第一股。此次IPO發行價爲14美元，對應市值35.65億美元（約合人民幣230億元）。 萬物新生背後，是一對復旦師兄弟的創業故事。2011年，已經31歲的陳雪峯聯手師兄孫文俊踏入一門被忽視的生意——二手手機回收。一路走來，萬物新生曾經歷一段艱難歲月，陳雪峯一度被投資人拒之門外。如今，這位41歲創始人終於斬獲人生第一個IPO。 而萬物新生的崛起，同樣離不開身後一支投資天團。IPO前，萬物新生完成超70億元的融資，浮現了五源資本、天圖投資、景林投資、達晨財智、凱輝基金、前海母基金、老虎環球基金、啓承資本、國泰君安、清新資本、京東、快手等十餘家VC/PE機構和巨頭企業的身影。 回望十年曆程，陳雪峯在公開信寫到，我們從一個看似簡單的手機回收業務出發，“很幸運，我們不經意之間進入到了這樣一個容易被低估的行業。很長一段時間，我們一度被誤解爲是一個做手機拆解和提煉金屬的公司。”他感慨，創業中“被低估”很可能並不是壞事，很多成功往往都源於“被低估”。 復旦學子「收垃圾」 從回收舊手機起家，做出230億市值 愛回收的背後，是一位復旦程序員進階CEO的逆襲故事。 1980年，愛回收CEO陳雪峯出生於湖北黃石，從小學習成績出衆。他本科就讀於同濟大學計算機科學專業，之後又在復旦大學計算機系取得碩士學位。2006年，陳雪峯入職上海一家公司擔任技術經理，這段經歷持續了4年。 愛回收最初的創立靈感緣於幾年前的換物概念。2008年，還在做程序員的陳雪峯看到一則“別針換別墅”的新聞。新聞講述了一個美國男子通過以物","images":[{"img":"https://static.tigerbbs.com/6e069bd4e7e98cc4e8ef67ef245de551","width":"1080","height":"723"},{"img":"https://static.tigerbbs.com/8076b9e3d9cb89fc46a4b6aa923eaaea","width":"1080","height":"2222"},{"img":"https://static.tigerbbs.com/291f9455ffca3312c81f6745545bdbf7","width":"866","height":"424"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/162970771","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":307,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169315133,"gmtCreate":1623816950422,"gmtModify":1703820386182,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577181668002271","authorIdStr":"3577181668002271"},"themes":[],"htmlText":"Like n comment","listText":"Like n comment","text":"Like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/169315133","isVote":1,"tweetType":1,"viewCount":255,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185562968,"gmtCreate":1623660837154,"gmtModify":1704208037294,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577181668002271","authorIdStr":"3577181668002271"},"themes":[],"htmlText":"Hello everyone","listText":"Hello everyone","text":"Hello everyone","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/185562968","isVote":1,"tweetType":1,"viewCount":147,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":182176831,"gmtCreate":1623560132223,"gmtModify":1704206203782,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577181668002271","authorIdStr":"3577181668002271"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/182176831","repostId":"1191179846","repostType":4,"repost":{"id":"1191179846","pubTimestamp":1623536312,"share":"https://ttm.financial/m/news/1191179846?lang=&edition=fundamental","pubTime":"2021-06-13 06:18","market":"us","language":"en","title":"Blue Origin auctions seat on first spaceflight with Jeff Bezos for $28 million","url":"https://stock-news.laohu8.com/highlight/detail?id=1191179846","media":"cnbc","summary":"KEY POINTS\n\nJeff Bezos’ space venture Blue Origin auctioned off a seat Saturday on its first crewed ","content":"<div>\n<p>KEY POINTS\n\nJeff Bezos’ space venture Blue Origin auctioned off a seat Saturday on its first crewed spaceflight scheduled on July 20.\nThe winning bidder will fly to the edge of space with the Amazon ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/12/jeff-bezos-blue-origin-auctions-spaceflight-seat-for-28-million.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>Blue Origin auctions seat on first spaceflight with Jeff Bezos for $28 million</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{ 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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\">\nBlue Origin auctions seat on first spaceflight with Jeff Bezos for $28 million\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-13 06:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/12/jeff-bezos-blue-origin-auctions-spaceflight-seat-for-28-million.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nJeff Bezos’ space venture Blue Origin auctioned off a seat Saturday on its first crewed spaceflight scheduled on July 20.\nThe winning bidder will fly to the edge of space with the Amazon ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/12/jeff-bezos-blue-origin-auctions-spaceflight-seat-for-28-million.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.cnbc.com/2021/06/12/jeff-bezos-blue-origin-auctions-spaceflight-seat-for-28-million.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1191179846","content_text":"KEY POINTS\n\nJeff Bezos’ space venture Blue Origin auctioned off a seat Saturday on its first crewed spaceflight scheduled on July 20.\nThe winning bidder will fly to the edge of space with the Amazon founder and his brother Mark on Blue Origin’s New Shepard rocket.\nNew Shepard, a rocket that carries a capsule to an altitude of over 340,000 feet, has flown more than a dozen successful test flights without passengers.\n\nJeff Bezos’ space venture Blue Origin auctioned off a seat on its upcoming first crewed spaceflight on Saturday for $28 million.\nThe winning bidder,whose name wasn’t released,will fly to the edge of space with theAmazonfounder and his brother Markon Blue Origin’s New Shepard rocket scheduled to launch on July 20.The company said it will reveal the name of the auction winner in the coming weeks.\nBidding opened at $4.8 million but surpassed $20 million within the first few minutes of the auction. The auction’s proceeds will be donated to Blue Origin’s education-focused nonprofit Club for the Future, which supports kids interested in future STEM careers.\nBlue Origin director of astronaut and orbital sales Ariane Cornell said during the auction webcast that New Shepard’s first passenger flight will carry four people, including Bezos, his brother, the auction winner and a fourth person to be announced later.\nAutonomous spaceflight\nNew Shepard, a rocket that carries a capsule to an altitude of over 340,000 feet, has flown more than a dozen successful test flights without passengers, including one in April at the company’s facility in the Texas desert. It’s designed to carry up to six people and flies autonomously — without needing a pilot. The capsule has massive windows to give passengers a view of the earth below during about three minutes in zero gravity, before returning to Earth.\nBlue Origin’s system launches vertically, and both the rocket and capsule are reusable. The boosters land vertically on a concrete pad at the company’s facility in Van Horn, Texas, while the capsules land using a set of parachutes.\nBezos founded Blue Origin in 2000 and still owns the company, funding it through share sales of his Amazon stock.\nJuly 20 is notable because it also marks the 52nd anniversary of the Apollo 11 moon landing.\nBranson and Musk\nBezos and fellow billionairesElon MuskandSir Richard Bransonarein a race to get to space, but each in different ways.Bezos’ Blue Origin and Branson’sVirgin Galacticare competing to take passengers on short flights to the edge of space, a sector known as suborbital tourism, while Musk’s SpaceX is launching private passengers on further, multi-day flights, in what is known as orbital tourism.\nBoth Blue Origin and Virgin Galactic have been developing rocket-powered spacecraft, but that is where the similarities end. While Blue Origin’s New Shepard rocket launches vertically from the ground,Virgin Galactic’s SpaceShipTwo system is released mid-air and returns to Earth in a glidefor a runway landing, like an aircraft.\nVirgin Galactic’s system is also flown by two pilots, while Blue Origin’s launches without one.Branson’s company has also flown a test spaceflight with a passenger onboard, although the company has three spaceflight tests remainingbefore it begins flying commercial customers– which is planned to start in 2022.\nSpaceX launches its Crew Dragon spacecraft to orbit atop its reusable Falcon 9 rocket, havingsent 10 astronauts to the International Space Station on three missions to date.\nIn addition to the government flights, Musk’s company is planning to launch multiple private astronaut missions in the year ahead – beginning withthe all-civilian Inspiration4 missionthat is planned for September. SpaceX is also launchingat least four private missions for Axiom Space, starting early next year.\nBlue Origin’s auction may have netted $28 million, but a seat on a suborbital spacecraft is typically much less expensive. Virgin Galactic has historically sold reservations between $200,000 and $250,000 per ticket, and more recently charged the Italian Air Force about $500,000 per ticket for a training spaceflight.\nMusk’s orbital missions are more costly than the suborbital flights, with NASA paying SpaceX about $55 million per seat for spaceflights to the ISS.","news_type":1},"isVote":1,"tweetType":1,"viewCount":194,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188650597,"gmtCreate":1623434566419,"gmtModify":1704203731918,"author":{"id":"3577181668002271","authorId":"3577181668002271","name":"Kaceace","avatar":"https://static.tigerbbs.com/d18b89625c850035e9c86a16c0a91612","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577181668002271","authorIdStr":"3577181668002271"},"themes":[],"htmlText":"yes i see//<a href=\"https://laohu8.com/U/3563421686188310\">@Hopehope</a>:Resending this article","listText":"yes i see//<a href=\"https://laohu8.com/U/3563421686188310\">@Hopehope</a>:Resending this article","text":"yes i see//@Hopehope:Resending this article","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188650597","repostId":"181849722","repostType":1,"repost":{"id":181849722,"gmtCreate":1623386697866,"gmtModify":1704202259609,"author":{"id":"3563421686188310","authorId":"3563421686188310","name":"Hopehope赋予希望","avatar":"https://community-static.tradeup.com/news/46495f44529967f5d3b4d03a47167f5b","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3563421686188310","authorIdStr":"3563421686188310"},"themes":[],"title":"11 June 2021: Tiger Brokers' Shortsellers go broke? Why?","htmlText":"Readers would have known that I have a view of the broad markets and have mentioned that my view is for Nasdaq 100 to hit 16,000. Will I be right or wrong? Like what I have always said, only time will tell if I will be right. Even if I am right now, will I continue to `be right? As you know, past performance does not guarantee future performance though it is one indicator to assess my ability to read the markets.As it goes, I had in May 2021 mentioned that we had to see if support can be held at 13,000 for Nasdaq 100 futures during the cryptocurrencies crashed when Bitcoin first broke 40,000 USD and then tanked rapidly to 31,000 USD. ETH and Dogecoin also fell rapidly back then. Since then, I had mentioned that further support should be seen at 13,400, 13,560, 13,700 and 13,760 and have ov","listText":"Readers would have known that I have a view of the broad markets and have mentioned that my view is for Nasdaq 100 to hit 16,000. Will I be right or wrong? Like what I have always said, only time will tell if I will be right. Even if I am right now, will I continue to `be right? As you know, past performance does not guarantee future performance though it is one indicator to assess my ability to read the markets.As it goes, I had in May 2021 mentioned that we had to see if support can be held at 13,000 for Nasdaq 100 futures during the cryptocurrencies crashed when Bitcoin first broke 40,000 USD and then tanked rapidly to 31,000 USD. ETH and Dogecoin also fell rapidly back then. Since then, I had mentioned that further support should be seen at 13,400, 13,560, 13,700 and 13,760 and have ov","text":"Readers would have known that I have a view of the broad markets and have mentioned that my view is for Nasdaq 100 to hit 16,000. Will I be right or wrong? Like what I have always said, only time will tell if I will be right. Even if I am right now, will I continue to `be right? As you know, past performance does not guarantee future performance though it is one indicator to assess my ability to read the markets.As it goes, I had in May 2021 mentioned that we had to see if support can be held at 13,000 for Nasdaq 100 futures during the cryptocurrencies crashed when Bitcoin first broke 40,000 USD and then tanked rapidly to 31,000 USD. ETH and Dogecoin also fell rapidly back then. Since then, I had mentioned that further support should be seen at 13,400, 13,560, 13,700 and 13,760 and have ov","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/181849722","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":249,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}