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Dhruba
2021-03-21
??
Facebook rose more than 4%
Dhruba
2021-03-04
??
Gold recovers from 9-month low, but higher yields weigh
Dhruba
2021-03-03
Bad news
ExxonMobil to cut 300 jobs in Singapore, citing 'unprecedented market conditions' due to Covid-19
Dhruba
2021-02-27
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Dhruba
2021-02-25
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Is Dropbox Stock a Buy?
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I think it's possible that we may even be in a stronger position.\"</p><p>That marks a sharp reversal from last summer, when Facebook said Apple's change to unique device IDs couldcut revenues in half for its Audience Network in-app ad business, and Facebook chief Mark Zuckerbergsingled Apple out for criticism in a companywide meeting.</p><p>Now, Zuckerberg is saying Apple's changes might encourage sellers to use Facebook's commerce products directly.</p><p>\"Apple's changes encourage more businesses to conduct commerce on our platforms, by making it harder for them to basically use their data in order to find the customers that would want to use their products outside of our platforms,\" he said.</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>Facebook rose more than 4%</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\">\nFacebook rose more than 4%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-03-19 22:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(March 19) Facebook rose more than 4%.</p><p><img src=\"https://static.tigerbbs.com/fea58a0f3c9d80d1b9267044a776f39d\" tg-width=\"678\" tg-height=\"520\" referrerpolicy=\"no-referrer\"></p><p></p><p>Facebook is a strong positive outlier in the S&P 500 today,up 4.08% and gaining (and bouncing back froma slightly decline yesterday) after CEO Mark Zuckerberg looked to change his tune on upcoming privacy changes from Apple.</p><p>Zuckerberg had increasingly taken an adversarial stance against the big-tech rival, but in a new discussion on audio platform Clubhouse, he said thatFacebook may be better off this way.</p><p>\"I think the reality is that I'm confident that we're gonna be able to manage through that situation,\" Zuckerberg said. \"And we'll be in a good position. I think it's possible that we may even be in a stronger position.\"</p><p>That marks a sharp reversal from last summer, when Facebook said Apple's change to unique device IDs couldcut revenues in half for its Audience Network in-app ad business, and Facebook chief Mark Zuckerbergsingled Apple out for criticism in a companywide meeting.</p><p>Now, Zuckerberg is saying Apple's changes might encourage sellers to use Facebook's commerce products directly.</p><p>\"Apple's changes encourage more businesses to conduct commerce on our platforms, by making it harder for them to basically use their data in order to find the customers that would want to use their products outside of our platforms,\" he said.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136440314","content_text":"(March 19) Facebook rose more than 4%.Facebook is a strong positive outlier in the S&P 500 today,up 4.08% and gaining (and bouncing back froma slightly decline yesterday) after CEO Mark Zuckerberg looked to change his tune on upcoming privacy changes from Apple.Zuckerberg had increasingly taken an adversarial stance against the big-tech rival, but in a new discussion on audio platform Clubhouse, he said thatFacebook may be better off this way.\"I think the reality is that I'm confident that we're gonna be able to manage through that situation,\" Zuckerberg said. \"And we'll be in a good position. I think it's possible that we may even be in a stronger position.\"That marks a sharp reversal from last summer, when Facebook said Apple's change to unique device IDs couldcut revenues in half for its Audience Network in-app ad business, and Facebook chief Mark Zuckerbergsingled Apple out for criticism in a companywide meeting.Now, Zuckerberg is saying Apple's changes might encourage sellers to use Facebook's commerce products directly.\"Apple's changes encourage more businesses to conduct commerce on our platforms, by making it harder for them to basically use their data in order to find the customers that would want to use their products outside of our platforms,\" he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":496,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":364177184,"gmtCreate":1614828689148,"gmtModify":1704775744250,"author":{"id":"3577191740767978","authorId":"3577191740767978","name":"Dhruba","avatar":"https://static.tigerbbs.com/70912569c2b97a0c4fbe2141f05299b2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577191740767978","authorIdStr":"3577191740767978"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/364177184","repostId":"2116524354","repostType":4,"repost":{"id":"2116524354","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1614820992,"share":"https://ttm.financial/m/news/2116524354?lang=&edition=fundamental","pubTime":"2021-03-04 09:23","market":"fut","language":"en","title":"Gold recovers from 9-month low, but higher yields weigh","url":"https://stock-news.laohu8.com/highlight/detail?id=2116524354","media":"Reuters","summary":"March 4 (Reuters) - Gold prices edged up on Thursday to recover from a near nine-month low hit in th","content":"<p>March 4 (Reuters) - Gold prices edged up on Thursday to recover from a near nine-month low hit in the previous session, although higher U.S. Treasury yields continued to weigh on the non-yielding bullion's appeal.</p><p>* Spot gold was up 0.2% at $1,714.27 per ounce by 0051 GMT, having dropped to their lowest since June 9 at $1,701.40 on Wednesday. U.S. gold futures dipped 0.2% to $1,712.80.</p><p>* Benchmark U.S. Treasury yields held near 1.5%, increasing the opportunity cost of holding bullion, which pays no returns.</p><p>* The U.S. economic recovery continued at a modest pace over the first weeks of this year, the Federal Reserve reported on Wednesday.</p><p>* Chicago Fed President Charles Evans on Wednesday said he sees the recent rapid rise in bond yields as mostly reflecting improvements in the economy.</p><p>* U.S. private payrolls increased less than expected in February, suggesting the labor market was continuing to struggle.</p><p>* The U.S. Senate delayed the start of debate on a $1.9 trillion COVID-19 relief bill until at least Thursday.</p><p>* Investors now await Fed Chair Jerome Powell's speech before a virtual Wall Street Journal Jobs Summit at 1705 GMT, for clues on the outlook of the central bank's monetary policy.</p><p>* Perth Mint's gold sales surged in February to their highest in at least nine years, while silver sales also jumped, the refiner said in a blog post on Wednesday.</p><p>* Holdings of the world's largest gold-backed exchange-traded fund, SPDR Gold Trust fell 0.4% to 1,082.38 tonnes on Wednesday.</p><p>* Silver rose 0.4% to $26.18 an ounce, while palladium eased 0.3% at $2,347.52. Platinum shed 0.5% to $1,161.50.</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>Gold recovers from 9-month low, but higher yields weigh</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGold recovers from 9-month low, but higher yields weigh\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-03-04 09:23</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>March 4 (Reuters) - Gold prices edged up on Thursday to recover from a near nine-month low hit in the previous session, although higher U.S. Treasury yields continued to weigh on the non-yielding bullion's appeal.</p><p>* Spot gold was up 0.2% at $1,714.27 per ounce by 0051 GMT, having dropped to their lowest since June 9 at $1,701.40 on Wednesday. U.S. gold futures dipped 0.2% to $1,712.80.</p><p>* Benchmark U.S. Treasury yields held near 1.5%, increasing the opportunity cost of holding bullion, which pays no returns.</p><p>* The U.S. economic recovery continued at a modest pace over the first weeks of this year, the Federal Reserve reported on Wednesday.</p><p>* Chicago Fed President Charles Evans on Wednesday said he sees the recent rapid rise in bond yields as mostly reflecting improvements in the economy.</p><p>* U.S. private payrolls increased less than expected in February, suggesting the labor market was continuing to struggle.</p><p>* The U.S. Senate delayed the start of debate on a $1.9 trillion COVID-19 relief bill until at least Thursday.</p><p>* Investors now await Fed Chair Jerome Powell's speech before a virtual Wall Street Journal Jobs Summit at 1705 GMT, for clues on the outlook of the central bank's monetary policy.</p><p>* Perth Mint's gold sales surged in February to their highest in at least nine years, while silver sales also jumped, the refiner said in a blog post on Wednesday.</p><p>* Holdings of the world's largest gold-backed exchange-traded fund, SPDR Gold Trust fell 0.4% to 1,082.38 tonnes on Wednesday.</p><p>* Silver rose 0.4% to $26.18 an ounce, while palladium eased 0.3% at $2,347.52. Platinum shed 0.5% to $1,161.50.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"159934":"黄金ETF","518880":"黄金ETF","NUGT":"二倍做多黄金矿业指数ETF-Direxion","GLD":"SPDR黄金ETF","GDX":"黄金矿业ETF-VanEck","DUST":"二倍做空黄金矿业指数ETF-Direxion","IAU":"黄金信托ETF(iShares)"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2116524354","content_text":"March 4 (Reuters) - Gold prices edged up on Thursday to recover from a near nine-month low hit in the previous session, although higher U.S. Treasury yields continued to weigh on the non-yielding bullion's appeal.* Spot gold was up 0.2% at $1,714.27 per ounce by 0051 GMT, having dropped to their lowest since June 9 at $1,701.40 on Wednesday. U.S. gold futures dipped 0.2% to $1,712.80.* Benchmark U.S. Treasury yields held near 1.5%, increasing the opportunity cost of holding bullion, which pays no returns.* The U.S. economic recovery continued at a modest pace over the first weeks of this year, the Federal Reserve reported on Wednesday.* Chicago Fed President Charles Evans on Wednesday said he sees the recent rapid rise in bond yields as mostly reflecting improvements in the economy.* U.S. private payrolls increased less than expected in February, suggesting the labor market was continuing to struggle.* The U.S. Senate delayed the start of debate on a $1.9 trillion COVID-19 relief bill until at least Thursday.* Investors now await Fed Chair Jerome Powell's speech before a virtual Wall Street Journal Jobs Summit at 1705 GMT, for clues on the outlook of the central bank's monetary policy.* Perth Mint's gold sales surged in February to their highest in at least nine years, while silver sales also jumped, the refiner said in a blog post on Wednesday.* Holdings of the world's largest gold-backed exchange-traded fund, SPDR Gold Trust fell 0.4% to 1,082.38 tonnes on Wednesday.* Silver rose 0.4% to $26.18 an ounce, while palladium eased 0.3% at $2,347.52. Platinum shed 0.5% to $1,161.50.","news_type":1},"isVote":1,"tweetType":1,"viewCount":284,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":365252702,"gmtCreate":1614750136706,"gmtModify":1704774759957,"author":{"id":"3577191740767978","authorId":"3577191740767978","name":"Dhruba","avatar":"https://static.tigerbbs.com/70912569c2b97a0c4fbe2141f05299b2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577191740767978","authorIdStr":"3577191740767978"},"themes":[],"htmlText":"Bad news","listText":"Bad news","text":"Bad news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/365252702","repostId":"2116514876","repostType":4,"repost":{"id":"2116514876","kind":"highlight","pubTimestamp":1614740476,"share":"https://ttm.financial/m/news/2116514876?lang=&edition=fundamental","pubTime":"2021-03-03 11:01","market":"us","language":"en","title":"ExxonMobil to cut 300 jobs in Singapore, citing 'unprecedented market conditions' due to Covid-19","url":"https://stock-news.laohu8.com/highlight/detail?id=2116514876","media":"The Straits Times","summary":"SINGAPORE (REUTERS) - ExxonMobil Corp said it will cut about 7 per cent of its workforce in Singapor","content":"<div>\n<p>SINGAPORE (REUTERS) - ExxonMobil Corp said it will cut about 7 per cent of its workforce in Singapore, home to its largest refining-petrochemical complex, as \"unprecedented market conditions\" due to ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/exxon-to-cut-300-jobs-in-singapore-citing-unprecedented-market-conditions\">Web Link</a>\n\n</div>\n","source":"straits_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>ExxonMobil to cut 300 jobs in Singapore, citing 'unprecedented market conditions' due to Covid-19</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\">\nExxonMobil to cut 300 jobs in Singapore, citing 'unprecedented market conditions' due to Covid-19\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-03 11:01 GMT+8 <a href=http://www.straitstimes.com/business/companies-markets/exxon-to-cut-300-jobs-in-singapore-citing-unprecedented-market-conditions><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE (REUTERS) - ExxonMobil Corp said it will cut about 7 per cent of its workforce in Singapore, home to its largest refining-petrochemical complex, as \"unprecedented market conditions\" due to ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/exxon-to-cut-300-jobs-in-singapore-citing-unprecedented-market-conditions\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/exxon-to-cut-300-jobs-in-singapore-citing-unprecedented-market-conditions","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2116514876","content_text":"SINGAPORE (REUTERS) - ExxonMobil Corp said it will cut about 7 per cent of its workforce in Singapore, home to its largest refining-petrochemical complex, as \"unprecedented market conditions\" due to the Covid-19 pandemic accelerate ongoing reorganisation.\nAbout 300 positions will be impacted by the end of 2021, the oil major said.\nExxonMobil has more than 4,000 employees in Singapore, which houses the company's largest refinery with a capacity of about 592,000 barrels a day.\nSingapore, which is also home to the oil giant's biggest integrated petrochemical complex, will remain a strategic location for the company.\n\"This is a difficult but necessary step to improve our company's competitiveness and strengthen the foundation of our business for future success,\" said Ms Geraldine Chin, chairman and managing director, ExxonMobil Asia Pacific.\nGrim forecasts that oil consumption may never return to levels seen before the pandemic has seen an industry-wide culling in recent months.\nLast November, Shell Singapore announced it would cut 500 employees from its 1,300-strong Pulau Bukom workforce by end-2023 as it downsizes operations and pivot away from crude oil towards a low-carbon slate of fuels.\nThis came after parent Royal Dutch Shell in September disclosed it will cut as many as 9,000 positions worldwide by end-2022 as Covid-19 precipitated a company-wide restructuring into low-carbon energy\nExxonMobil in October last year announced it will slash its global workforce by 14,000, while BP has said it will cut 10,000 jobs worldwide and Chevron 6,000. Even oilfield services companies like Schlumberger have joined the fray, with 21,000 layoffs globally.","news_type":1},"isVote":1,"tweetType":1,"viewCount":127,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":366020362,"gmtCreate":1614362696556,"gmtModify":1704771273082,"author":{"id":"3577191740767978","authorId":"3577191740767978","name":"Dhruba","avatar":"https://static.tigerbbs.com/70912569c2b97a0c4fbe2141f05299b2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577191740767978","authorIdStr":"3577191740767978"},"themes":[],"htmlText":"Wait","listText":"Wait","text":"Wait","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/366020362","repostId":"2114326273","repostType":4,"isVote":1,"tweetType":1,"viewCount":223,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":361249837,"gmtCreate":1614242265929,"gmtModify":1704890073848,"author":{"id":"3577191740767978","authorId":"3577191740767978","name":"Dhruba","avatar":"https://static.tigerbbs.com/70912569c2b97a0c4fbe2141f05299b2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577191740767978","authorIdStr":"3577191740767978"},"themes":[],"htmlText":"Agree","listText":"Agree","text":"Agree","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/361249837","repostId":"2113367475","repostType":4,"repost":{"id":"2113367475","kind":"news","pubTimestamp":1614238434,"share":"https://ttm.financial/m/news/2113367475?lang=&edition=fundamental","pubTime":"2021-02-25 15:33","market":"us","language":"en","title":"Is Dropbox Stock a Buy?","url":"https://stock-news.laohu8.com/highlight/detail?id=2113367475","media":"Leo Sun","summary":"The cloud storage provider still faces an uphill battle in 2021.","content":"<p><b>Dropbox</b>'s (NASDAQ:DBX) stock price recently dipped after the cloud storage service provider posted its fourth-quarter earnings. Its revenue rose 13% year over year to $504.1 million, beating estimates by $5.4 million.</p>\n<p>Its adjusted net income jumped 75% to $117.9 million, or $0.28 per share, which also cleared expectations by four cents. Those growth rates look solid, so why weren't investors more impressed?</p>\n<p>Let's dig deeper into Dropbox's strengths and weaknesses to see if it's still worth buying.</p>\n<p><b>How does Dropbox make money?</b></p>\n<p>Dropbox operates a freemium model, which grants paid users more storage and additional features. It offers 2GB of storage for free users, and individuals who pay $9.99 per month get 2TB of storage. A new family plan splits 2TB between six users for $16.99 a month, while its enterprise plans start at $12.50.</p>\n<p><img src=\"https://static.tigerbbs.com/9c94cda2768b544bdd620c1e61c47ae7\" tg-width=\"700\" tg-height=\"393\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Box</b> (NYSE:BOX), its smaller competitor, provides 10GB of free storage, but users who pay $10 a month only get 100GB of storage. However, Box's enterprise plans start at just $5 a month.</p>\n<p>Dropbox and Box both face intense competition from tech giants like<b>Microsoft</b> (NASDAQ:MSFT),<b>Alphabet</b>'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, and<b>Amazon</b>(NASDAQ:AMZN), which can all afford to offer similar services at lower prices.</p>\n<p><b>The key growth rates</b></p>\n<p>Dropbox believes it can continue to attract new individuals and businesses that don't want to be tethered to those big tech giants. After all, it still ranks second in the cloud storage market after Google Drive, according to Datanyze, followed by Microsoft, privately held<b>Egynte</b>, and Box.</p>\n<p>However, Dropbox's revenue only rose 15% in fiscal 2020, compared to its 19% growth in 2019 and 26% growth in 2018. Its growth in paid users also decelerated over the past year.</p>\n<p><img src=\"https://static.tigerbbs.com/2ddc13f2fc431235d2414446686640c4\" tg-width=\"1157\" tg-height=\"286\" referrerpolicy=\"no-referrer\"></p>\n<p>On the bright side, Dropbox's ARPPU (average revenue per paying user) continued climbing, and its gross and operating margins expanded.</p>\n<p><img src=\"https://static.tigerbbs.com/aeb45fd326272095fcdcf2cd6dd239dc\" tg-width=\"1158\" tg-height=\"372\"></p>\n<p>Dropbox attributed its stable ARPPU growth to the growing adoption of its family plan, which was launched in late 2020; new features like Vault, which adds an additional layer of security for sensitive documents; and its integration of the electronic document signing service HelloSign in 2019.</p>\n<p>It noted the more efficient usage of its infrastructure hardware lifted its gross margins over the past year. Meanwhile, a shift to remote work and a delayed brand campaign during the pandemic reduced its R&D and marketing costs, respectively, and boosted its operating margins.</p>\n<p><b>The main weaknesses</b></p>\n<p>Dropbox's core business looks stable, but there are three glaring problems. First, it expects its revenue to rise just 11% year over year in the first quarter of 2021, and a mere 9%-11% for the full year.</p>\n<p><img src=\"https://static.tigerbbs.com/b9ab2901d555fcdbb4b387c551f2d64c\" tg-width=\"700\" tg-height=\"393\" referrerpolicy=\"no-referrer\"></p>\n<p>In other words, Dropbox's slowdown will continue as the cloud storage market matures and the top platforms lose their pricing power. Google, Microsoft, and Amazon can afford to operate their cloud storage platforms at losses to tether more users to their other cloud services, but Dropbox and Box can't.</p>\n<p>Second, Dropbox has remained unprofitable by GAAP measures ever since its IPO in 2018. It posted a net loss of $256.3 million in fiscal 2020, compared to a loss of $57.2 million in 2019, mainly due to non-recurring real estate impairment charges in the fourth quarter.</p>\n<p>Dropbox should post a narrower loss in 2021, but its high stock-based compensation expenses -- which gobbled up 14% of its revenue in 2020 -- should prevent it from turning profitable anytime soon.</p>\n<p>Lastly, Dropbox is constantly buying back its own shares, which is an odd strategy for an unprofitable tech company that should be focused on growth. It authorized a $600 million buyback program in early 2020, repurchased nearly $400 million in shares throughout the year, and plans to exhaust the program in the first quarter of 2021. It plans to follow up that program with another $1 billion buyback plan.</p>\n<p>However, Dropbox's number of outstanding shares actually<i> increased</i> nearly 1% in 2020. In short, it's merely repurchasing its own shares to offset the dilution from its own stock bonuses.</p>\n<p><b>Is Dropbox worth buying?</b></p>\n<p>Dropbox's stock looks cheap at 16 times forward earnings and less than five times this year's sales. But it's cheap because investors expect its growth to decelerate, and for its GAAP earnings to remain in the red. Dropbox's valuations should limit its downside potential, and it might still be an appealing takeover target -- but it's just not a compelling investment when other tech stocks offer much stronger growth.</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>Is Dropbox Stock a Buy?</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\">\nIs Dropbox Stock a Buy?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-25 15:33 GMT+8 <a href=https://www.fool.com/investing/2021/02/24/is-dropbox-stock-a-buy/><strong>Leo Sun</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Dropbox's (NASDAQ:DBX) stock price recently dipped after the cloud storage service provider posted its fourth-quarter earnings. Its revenue rose 13% year over year to $504.1 million, beating estimates...</p>\n\n<a href=\"https://www.fool.com/investing/2021/02/24/is-dropbox-stock-a-buy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DBX":"Dropbox Inc."},"source_url":"https://www.fool.com/investing/2021/02/24/is-dropbox-stock-a-buy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2113367475","content_text":"Dropbox's (NASDAQ:DBX) stock price recently dipped after the cloud storage service provider posted its fourth-quarter earnings. Its revenue rose 13% year over year to $504.1 million, beating estimates by $5.4 million.\nIts adjusted net income jumped 75% to $117.9 million, or $0.28 per share, which also cleared expectations by four cents. Those growth rates look solid, so why weren't investors more impressed?\nLet's dig deeper into Dropbox's strengths and weaknesses to see if it's still worth buying.\nHow does Dropbox make money?\nDropbox operates a freemium model, which grants paid users more storage and additional features. It offers 2GB of storage for free users, and individuals who pay $9.99 per month get 2TB of storage. A new family plan splits 2TB between six users for $16.99 a month, while its enterprise plans start at $12.50.\n\nBox (NYSE:BOX), its smaller competitor, provides 10GB of free storage, but users who pay $10 a month only get 100GB of storage. However, Box's enterprise plans start at just $5 a month.\nDropbox and Box both face intense competition from tech giants likeMicrosoft (NASDAQ:MSFT),Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, andAmazon(NASDAQ:AMZN), which can all afford to offer similar services at lower prices.\nThe key growth rates\nDropbox believes it can continue to attract new individuals and businesses that don't want to be tethered to those big tech giants. After all, it still ranks second in the cloud storage market after Google Drive, according to Datanyze, followed by Microsoft, privately heldEgynte, and Box.\nHowever, Dropbox's revenue only rose 15% in fiscal 2020, compared to its 19% growth in 2019 and 26% growth in 2018. Its growth in paid users also decelerated over the past year.\n\nOn the bright side, Dropbox's ARPPU (average revenue per paying user) continued climbing, and its gross and operating margins expanded.\n\nDropbox attributed its stable ARPPU growth to the growing adoption of its family plan, which was launched in late 2020; new features like Vault, which adds an additional layer of security for sensitive documents; and its integration of the electronic document signing service HelloSign in 2019.\nIt noted the more efficient usage of its infrastructure hardware lifted its gross margins over the past year. Meanwhile, a shift to remote work and a delayed brand campaign during the pandemic reduced its R&D and marketing costs, respectively, and boosted its operating margins.\nThe main weaknesses\nDropbox's core business looks stable, but there are three glaring problems. First, it expects its revenue to rise just 11% year over year in the first quarter of 2021, and a mere 9%-11% for the full year.\n\nIn other words, Dropbox's slowdown will continue as the cloud storage market matures and the top platforms lose their pricing power. Google, Microsoft, and Amazon can afford to operate their cloud storage platforms at losses to tether more users to their other cloud services, but Dropbox and Box can't.\nSecond, Dropbox has remained unprofitable by GAAP measures ever since its IPO in 2018. It posted a net loss of $256.3 million in fiscal 2020, compared to a loss of $57.2 million in 2019, mainly due to non-recurring real estate impairment charges in the fourth quarter.\nDropbox should post a narrower loss in 2021, but its high stock-based compensation expenses -- which gobbled up 14% of its revenue in 2020 -- should prevent it from turning profitable anytime soon.\nLastly, Dropbox is constantly buying back its own shares, which is an odd strategy for an unprofitable tech company that should be focused on growth. It authorized a $600 million buyback program in early 2020, repurchased nearly $400 million in shares throughout the year, and plans to exhaust the program in the first quarter of 2021. It plans to follow up that program with another $1 billion buyback plan.\nHowever, Dropbox's number of outstanding shares actually increased nearly 1% in 2020. In short, it's merely repurchasing its own shares to offset the dilution from its own stock bonuses.\nIs Dropbox worth buying?\nDropbox's stock looks cheap at 16 times forward earnings and less than five times this year's sales. But it's cheap because investors expect its growth to decelerate, and for its GAAP earnings to remain in the red. Dropbox's valuations should limit its downside potential, and it might still be an appealing takeover target -- but it's just not a compelling investment when other tech stocks offer much stronger growth.","news_type":1},"isVote":1,"tweetType":1,"viewCount":171,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":365252702,"gmtCreate":1614750136706,"gmtModify":1704774759957,"author":{"id":"3577191740767978","authorId":"3577191740767978","name":"Dhruba","avatar":"https://static.tigerbbs.com/70912569c2b97a0c4fbe2141f05299b2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577191740767978","authorIdStr":"3577191740767978"},"themes":[],"htmlText":"Bad news","listText":"Bad news","text":"Bad news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/365252702","repostId":"2116514876","repostType":4,"repost":{"id":"2116514876","kind":"highlight","pubTimestamp":1614740476,"share":"https://ttm.financial/m/news/2116514876?lang=&edition=fundamental","pubTime":"2021-03-03 11:01","market":"us","language":"en","title":"ExxonMobil to cut 300 jobs in Singapore, citing 'unprecedented market conditions' due to Covid-19","url":"https://stock-news.laohu8.com/highlight/detail?id=2116514876","media":"The Straits Times","summary":"SINGAPORE (REUTERS) - ExxonMobil Corp said it will cut about 7 per cent of its workforce in Singapor","content":"<div>\n<p>SINGAPORE (REUTERS) - ExxonMobil Corp said it will cut about 7 per cent of its workforce in Singapore, home to its largest refining-petrochemical complex, as \"unprecedented market conditions\" due to ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/exxon-to-cut-300-jobs-in-singapore-citing-unprecedented-market-conditions\">Web Link</a>\n\n</div>\n","source":"straits_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>ExxonMobil to cut 300 jobs in Singapore, citing 'unprecedented market conditions' due to Covid-19</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\">\nExxonMobil to cut 300 jobs in Singapore, citing 'unprecedented market conditions' due to Covid-19\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-03 11:01 GMT+8 <a href=http://www.straitstimes.com/business/companies-markets/exxon-to-cut-300-jobs-in-singapore-citing-unprecedented-market-conditions><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE (REUTERS) - ExxonMobil Corp said it will cut about 7 per cent of its workforce in Singapore, home to its largest refining-petrochemical complex, as \"unprecedented market conditions\" due to ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/exxon-to-cut-300-jobs-in-singapore-citing-unprecedented-market-conditions\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/exxon-to-cut-300-jobs-in-singapore-citing-unprecedented-market-conditions","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2116514876","content_text":"SINGAPORE (REUTERS) - ExxonMobil Corp said it will cut about 7 per cent of its workforce in Singapore, home to its largest refining-petrochemical complex, as \"unprecedented market conditions\" due to the Covid-19 pandemic accelerate ongoing reorganisation.\nAbout 300 positions will be impacted by the end of 2021, the oil major said.\nExxonMobil has more than 4,000 employees in Singapore, which houses the company's largest refinery with a capacity of about 592,000 barrels a day.\nSingapore, which is also home to the oil giant's biggest integrated petrochemical complex, will remain a strategic location for the company.\n\"This is a difficult but necessary step to improve our company's competitiveness and strengthen the foundation of our business for future success,\" said Ms Geraldine Chin, chairman and managing director, ExxonMobil Asia Pacific.\nGrim forecasts that oil consumption may never return to levels seen before the pandemic has seen an industry-wide culling in recent months.\nLast November, Shell Singapore announced it would cut 500 employees from its 1,300-strong Pulau Bukom workforce by end-2023 as it downsizes operations and pivot away from crude oil towards a low-carbon slate of fuels.\nThis came after parent Royal Dutch Shell in September disclosed it will cut as many as 9,000 positions worldwide by end-2022 as Covid-19 precipitated a company-wide restructuring into low-carbon energy\nExxonMobil in October last year announced it will slash its global workforce by 14,000, while BP has said it will cut 10,000 jobs worldwide and Chevron 6,000. Even oilfield services companies like Schlumberger have joined the fray, with 21,000 layoffs globally.","news_type":1},"isVote":1,"tweetType":1,"viewCount":127,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":359333939,"gmtCreate":1616339034021,"gmtModify":1704792991896,"author":{"id":"3577191740767978","authorId":"3577191740767978","name":"Dhruba","avatar":"https://static.tigerbbs.com/70912569c2b97a0c4fbe2141f05299b2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577191740767978","authorIdStr":"3577191740767978"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/359333939","repostId":"1136440314","repostType":4,"repost":{"id":"1136440314","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1616165231,"share":"https://ttm.financial/m/news/1136440314?lang=&edition=fundamental","pubTime":"2021-03-19 22:47","market":"us","language":"en","title":"Facebook rose more than 4%","url":"https://stock-news.laohu8.com/highlight/detail?id=1136440314","media":"Tiger Newspress","summary":"(March 19) Facebook rose more than 4%.Facebook is a strong positive outlier in the S&P 500 today,up ","content":"<p>(March 19) Facebook rose more than 4%.</p><p><img src=\"https://static.tigerbbs.com/fea58a0f3c9d80d1b9267044a776f39d\" tg-width=\"678\" tg-height=\"520\" referrerpolicy=\"no-referrer\"></p><p></p><p>Facebook is a strong positive outlier in the S&P 500 today,up 4.08% and gaining (and bouncing back froma slightly decline yesterday) after CEO Mark Zuckerberg looked to change his tune on upcoming privacy changes from Apple.</p><p>Zuckerberg had increasingly taken an adversarial stance against the big-tech rival, but in a new discussion on audio platform Clubhouse, he said thatFacebook may be better off this way.</p><p>\"I think the reality is that I'm confident that we're gonna be able to manage through that situation,\" Zuckerberg said. \"And we'll be in a good position. I think it's possible that we may even be in a stronger position.\"</p><p>That marks a sharp reversal from last summer, when Facebook said Apple's change to unique device IDs couldcut revenues in half for its Audience Network in-app ad business, and Facebook chief Mark Zuckerbergsingled Apple out for criticism in a companywide meeting.</p><p>Now, Zuckerberg is saying Apple's changes might encourage sellers to use Facebook's commerce products directly.</p><p>\"Apple's changes encourage more businesses to conduct commerce on our platforms, by making it harder for them to basically use their data in order to find the customers that would want to use their products outside of our platforms,\" he said.</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>Facebook rose more than 4%</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\">\nFacebook rose more than 4%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-03-19 22:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(March 19) Facebook rose more than 4%.</p><p><img src=\"https://static.tigerbbs.com/fea58a0f3c9d80d1b9267044a776f39d\" tg-width=\"678\" tg-height=\"520\" referrerpolicy=\"no-referrer\"></p><p></p><p>Facebook is a strong positive outlier in the S&P 500 today,up 4.08% and gaining (and bouncing back froma slightly decline yesterday) after CEO Mark Zuckerberg looked to change his tune on upcoming privacy changes from Apple.</p><p>Zuckerberg had increasingly taken an adversarial stance against the big-tech rival, but in a new discussion on audio platform Clubhouse, he said thatFacebook may be better off this way.</p><p>\"I think the reality is that I'm confident that we're gonna be able to manage through that situation,\" Zuckerberg said. \"And we'll be in a good position. I think it's possible that we may even be in a stronger position.\"</p><p>That marks a sharp reversal from last summer, when Facebook said Apple's change to unique device IDs couldcut revenues in half for its Audience Network in-app ad business, and Facebook chief Mark Zuckerbergsingled Apple out for criticism in a companywide meeting.</p><p>Now, Zuckerberg is saying Apple's changes might encourage sellers to use Facebook's commerce products directly.</p><p>\"Apple's changes encourage more businesses to conduct commerce on our platforms, by making it harder for them to basically use their data in order to find the customers that would want to use their products outside of our platforms,\" he said.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136440314","content_text":"(March 19) Facebook rose more than 4%.Facebook is a strong positive outlier in the S&P 500 today,up 4.08% and gaining (and bouncing back froma slightly decline yesterday) after CEO Mark Zuckerberg looked to change his tune on upcoming privacy changes from Apple.Zuckerberg had increasingly taken an adversarial stance against the big-tech rival, but in a new discussion on audio platform Clubhouse, he said thatFacebook may be better off this way.\"I think the reality is that I'm confident that we're gonna be able to manage through that situation,\" Zuckerberg said. \"And we'll be in a good position. I think it's possible that we may even be in a stronger position.\"That marks a sharp reversal from last summer, when Facebook said Apple's change to unique device IDs couldcut revenues in half for its Audience Network in-app ad business, and Facebook chief Mark Zuckerbergsingled Apple out for criticism in a companywide meeting.Now, Zuckerberg is saying Apple's changes might encourage sellers to use Facebook's commerce products directly.\"Apple's changes encourage more businesses to conduct commerce on our platforms, by making it harder for them to basically use their data in order to find the customers that would want to use their products outside of our platforms,\" he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":496,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":364177184,"gmtCreate":1614828689148,"gmtModify":1704775744250,"author":{"id":"3577191740767978","authorId":"3577191740767978","name":"Dhruba","avatar":"https://static.tigerbbs.com/70912569c2b97a0c4fbe2141f05299b2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577191740767978","authorIdStr":"3577191740767978"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/364177184","repostId":"2116524354","repostType":4,"isVote":1,"tweetType":1,"viewCount":284,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":366020362,"gmtCreate":1614362696556,"gmtModify":1704771273082,"author":{"id":"3577191740767978","authorId":"3577191740767978","name":"Dhruba","avatar":"https://static.tigerbbs.com/70912569c2b97a0c4fbe2141f05299b2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577191740767978","authorIdStr":"3577191740767978"},"themes":[],"htmlText":"Wait","listText":"Wait","text":"Wait","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/366020362","repostId":"2114326273","repostType":4,"isVote":1,"tweetType":1,"viewCount":223,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":361249837,"gmtCreate":1614242265929,"gmtModify":1704890073848,"author":{"id":"3577191740767978","authorId":"3577191740767978","name":"Dhruba","avatar":"https://static.tigerbbs.com/70912569c2b97a0c4fbe2141f05299b2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577191740767978","authorIdStr":"3577191740767978"},"themes":[],"htmlText":"Agree","listText":"Agree","text":"Agree","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/361249837","repostId":"2113367475","repostType":4,"repost":{"id":"2113367475","kind":"news","pubTimestamp":1614238434,"share":"https://ttm.financial/m/news/2113367475?lang=&edition=fundamental","pubTime":"2021-02-25 15:33","market":"us","language":"en","title":"Is Dropbox Stock a Buy?","url":"https://stock-news.laohu8.com/highlight/detail?id=2113367475","media":"Leo Sun","summary":"The cloud storage provider still faces an uphill battle in 2021.","content":"<p><b>Dropbox</b>'s (NASDAQ:DBX) stock price recently dipped after the cloud storage service provider posted its fourth-quarter earnings. Its revenue rose 13% year over year to $504.1 million, beating estimates by $5.4 million.</p>\n<p>Its adjusted net income jumped 75% to $117.9 million, or $0.28 per share, which also cleared expectations by four cents. Those growth rates look solid, so why weren't investors more impressed?</p>\n<p>Let's dig deeper into Dropbox's strengths and weaknesses to see if it's still worth buying.</p>\n<p><b>How does Dropbox make money?</b></p>\n<p>Dropbox operates a freemium model, which grants paid users more storage and additional features. It offers 2GB of storage for free users, and individuals who pay $9.99 per month get 2TB of storage. A new family plan splits 2TB between six users for $16.99 a month, while its enterprise plans start at $12.50.</p>\n<p><img src=\"https://static.tigerbbs.com/9c94cda2768b544bdd620c1e61c47ae7\" tg-width=\"700\" tg-height=\"393\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Box</b> (NYSE:BOX), its smaller competitor, provides 10GB of free storage, but users who pay $10 a month only get 100GB of storage. However, Box's enterprise plans start at just $5 a month.</p>\n<p>Dropbox and Box both face intense competition from tech giants like<b>Microsoft</b> (NASDAQ:MSFT),<b>Alphabet</b>'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, and<b>Amazon</b>(NASDAQ:AMZN), which can all afford to offer similar services at lower prices.</p>\n<p><b>The key growth rates</b></p>\n<p>Dropbox believes it can continue to attract new individuals and businesses that don't want to be tethered to those big tech giants. After all, it still ranks second in the cloud storage market after Google Drive, according to Datanyze, followed by Microsoft, privately held<b>Egynte</b>, and Box.</p>\n<p>However, Dropbox's revenue only rose 15% in fiscal 2020, compared to its 19% growth in 2019 and 26% growth in 2018. Its growth in paid users also decelerated over the past year.</p>\n<p><img src=\"https://static.tigerbbs.com/2ddc13f2fc431235d2414446686640c4\" tg-width=\"1157\" tg-height=\"286\" referrerpolicy=\"no-referrer\"></p>\n<p>On the bright side, Dropbox's ARPPU (average revenue per paying user) continued climbing, and its gross and operating margins expanded.</p>\n<p><img src=\"https://static.tigerbbs.com/aeb45fd326272095fcdcf2cd6dd239dc\" tg-width=\"1158\" tg-height=\"372\"></p>\n<p>Dropbox attributed its stable ARPPU growth to the growing adoption of its family plan, which was launched in late 2020; new features like Vault, which adds an additional layer of security for sensitive documents; and its integration of the electronic document signing service HelloSign in 2019.</p>\n<p>It noted the more efficient usage of its infrastructure hardware lifted its gross margins over the past year. Meanwhile, a shift to remote work and a delayed brand campaign during the pandemic reduced its R&D and marketing costs, respectively, and boosted its operating margins.</p>\n<p><b>The main weaknesses</b></p>\n<p>Dropbox's core business looks stable, but there are three glaring problems. First, it expects its revenue to rise just 11% year over year in the first quarter of 2021, and a mere 9%-11% for the full year.</p>\n<p><img src=\"https://static.tigerbbs.com/b9ab2901d555fcdbb4b387c551f2d64c\" tg-width=\"700\" tg-height=\"393\" referrerpolicy=\"no-referrer\"></p>\n<p>In other words, Dropbox's slowdown will continue as the cloud storage market matures and the top platforms lose their pricing power. Google, Microsoft, and Amazon can afford to operate their cloud storage platforms at losses to tether more users to their other cloud services, but Dropbox and Box can't.</p>\n<p>Second, Dropbox has remained unprofitable by GAAP measures ever since its IPO in 2018. It posted a net loss of $256.3 million in fiscal 2020, compared to a loss of $57.2 million in 2019, mainly due to non-recurring real estate impairment charges in the fourth quarter.</p>\n<p>Dropbox should post a narrower loss in 2021, but its high stock-based compensation expenses -- which gobbled up 14% of its revenue in 2020 -- should prevent it from turning profitable anytime soon.</p>\n<p>Lastly, Dropbox is constantly buying back its own shares, which is an odd strategy for an unprofitable tech company that should be focused on growth. It authorized a $600 million buyback program in early 2020, repurchased nearly $400 million in shares throughout the year, and plans to exhaust the program in the first quarter of 2021. It plans to follow up that program with another $1 billion buyback plan.</p>\n<p>However, Dropbox's number of outstanding shares actually<i> increased</i> nearly 1% in 2020. In short, it's merely repurchasing its own shares to offset the dilution from its own stock bonuses.</p>\n<p><b>Is Dropbox worth buying?</b></p>\n<p>Dropbox's stock looks cheap at 16 times forward earnings and less than five times this year's sales. But it's cheap because investors expect its growth to decelerate, and for its GAAP earnings to remain in the red. Dropbox's valuations should limit its downside potential, and it might still be an appealing takeover target -- but it's just not a compelling investment when other tech stocks offer much stronger growth.</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>Is Dropbox Stock a Buy?</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\">\nIs Dropbox Stock a Buy?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-25 15:33 GMT+8 <a href=https://www.fool.com/investing/2021/02/24/is-dropbox-stock-a-buy/><strong>Leo Sun</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Dropbox's (NASDAQ:DBX) stock price recently dipped after the cloud storage service provider posted its fourth-quarter earnings. Its revenue rose 13% year over year to $504.1 million, beating estimates...</p>\n\n<a href=\"https://www.fool.com/investing/2021/02/24/is-dropbox-stock-a-buy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DBX":"Dropbox Inc."},"source_url":"https://www.fool.com/investing/2021/02/24/is-dropbox-stock-a-buy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2113367475","content_text":"Dropbox's (NASDAQ:DBX) stock price recently dipped after the cloud storage service provider posted its fourth-quarter earnings. Its revenue rose 13% year over year to $504.1 million, beating estimates by $5.4 million.\nIts adjusted net income jumped 75% to $117.9 million, or $0.28 per share, which also cleared expectations by four cents. Those growth rates look solid, so why weren't investors more impressed?\nLet's dig deeper into Dropbox's strengths and weaknesses to see if it's still worth buying.\nHow does Dropbox make money?\nDropbox operates a freemium model, which grants paid users more storage and additional features. It offers 2GB of storage for free users, and individuals who pay $9.99 per month get 2TB of storage. A new family plan splits 2TB between six users for $16.99 a month, while its enterprise plans start at $12.50.\n\nBox (NYSE:BOX), its smaller competitor, provides 10GB of free storage, but users who pay $10 a month only get 100GB of storage. However, Box's enterprise plans start at just $5 a month.\nDropbox and Box both face intense competition from tech giants likeMicrosoft (NASDAQ:MSFT),Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, andAmazon(NASDAQ:AMZN), which can all afford to offer similar services at lower prices.\nThe key growth rates\nDropbox believes it can continue to attract new individuals and businesses that don't want to be tethered to those big tech giants. After all, it still ranks second in the cloud storage market after Google Drive, according to Datanyze, followed by Microsoft, privately heldEgynte, and Box.\nHowever, Dropbox's revenue only rose 15% in fiscal 2020, compared to its 19% growth in 2019 and 26% growth in 2018. Its growth in paid users also decelerated over the past year.\n\nOn the bright side, Dropbox's ARPPU (average revenue per paying user) continued climbing, and its gross and operating margins expanded.\n\nDropbox attributed its stable ARPPU growth to the growing adoption of its family plan, which was launched in late 2020; new features like Vault, which adds an additional layer of security for sensitive documents; and its integration of the electronic document signing service HelloSign in 2019.\nIt noted the more efficient usage of its infrastructure hardware lifted its gross margins over the past year. Meanwhile, a shift to remote work and a delayed brand campaign during the pandemic reduced its R&D and marketing costs, respectively, and boosted its operating margins.\nThe main weaknesses\nDropbox's core business looks stable, but there are three glaring problems. First, it expects its revenue to rise just 11% year over year in the first quarter of 2021, and a mere 9%-11% for the full year.\n\nIn other words, Dropbox's slowdown will continue as the cloud storage market matures and the top platforms lose their pricing power. Google, Microsoft, and Amazon can afford to operate their cloud storage platforms at losses to tether more users to their other cloud services, but Dropbox and Box can't.\nSecond, Dropbox has remained unprofitable by GAAP measures ever since its IPO in 2018. It posted a net loss of $256.3 million in fiscal 2020, compared to a loss of $57.2 million in 2019, mainly due to non-recurring real estate impairment charges in the fourth quarter.\nDropbox should post a narrower loss in 2021, but its high stock-based compensation expenses -- which gobbled up 14% of its revenue in 2020 -- should prevent it from turning profitable anytime soon.\nLastly, Dropbox is constantly buying back its own shares, which is an odd strategy for an unprofitable tech company that should be focused on growth. It authorized a $600 million buyback program in early 2020, repurchased nearly $400 million in shares throughout the year, and plans to exhaust the program in the first quarter of 2021. It plans to follow up that program with another $1 billion buyback plan.\nHowever, Dropbox's number of outstanding shares actually increased nearly 1% in 2020. In short, it's merely repurchasing its own shares to offset the dilution from its own stock bonuses.\nIs Dropbox worth buying?\nDropbox's stock looks cheap at 16 times forward earnings and less than five times this year's sales. But it's cheap because investors expect its growth to decelerate, and for its GAAP earnings to remain in the red. Dropbox's valuations should limit its downside potential, and it might still be an appealing takeover target -- but it's just not a compelling investment when other tech stocks offer much stronger growth.","news_type":1},"isVote":1,"tweetType":1,"viewCount":171,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
