RomeoTan personal page - To The Moon

RomeoTan

RomeoTan

No personal profile

3Follow

0Followers

0Topic

0Badge

2021-06-23

$$$

Why this Tesla taxi fleet won't be allowed to operate in NYC

2021-06-22

Noooooooooo

Bitcoin crashes through $30K as cryptocurrency selloff picks up steam

2021-06-20

Merck!!

AMC, big movie chains are more than meme stocks to property bond investors

2021-06-17

Cool share

With Fed Seeing Higher Inflation, Growth Stocks Could be In The Spotlight Today

Go to Tiger App to see more news

{"i18n":{"language":"en_US"},"userPageInfo":{"id":"3578023888975147","uuid":"3578023888975147","gmtCreate":1614930336948,"gmtModify":1623941704142,"name":"RomeoTan","pinyin":"romeotan","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.tigerbbs.com/89bbb07aea0b511b37eb9f1cd4db8820","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":0,"headSize":3,"tweetSize":4,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":1,"name":"萌萌虎","nameTw":"萌萌虎","represent":"呱呱坠地","factor":"评论帖子3次或发布1条主帖（非转发）","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.12.02","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.06.07","exceedPercentage":"60.60%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":4,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":2,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":121687347,"gmtCreate":1624462042289,"gmtModify":1703837569220,"author":{"id":"3578023888975147","authorId":"3578023888975147","name":"RomeoTan","avatar":"https://static.tigerbbs.com/89bbb07aea0b511b37eb9f1cd4db8820","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578023888975147","authorIdStr":"3578023888975147"},"themes":[],"htmlText":"$$$","listText":"$$$","text":"$$$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121687347","repostId":"2145066431","repostType":2,"repost":{"id":"2145066431","kind":"highlight","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":1624429920,"share":"https://ttm.financial/m/news/2145066431?lang=&edition=fundamental","pubTime":"2021-06-23 14:32","market":"us","language":"en","title":"Why this Tesla taxi fleet won't be allowed to operate in NYC","url":"https://stock-news.laohu8.com/highlight/detail?id=2145066431","media":"Dow Jones","summary":"The Taxi and Limousine Commission blocked electric transit startup Revel from launching a fleet of 5","content":"<p>The Taxi and Limousine Commission blocked electric transit startup Revel from launching a fleet of 50 Model Y Tesla taxis</p>\n<p>New York's taxi regulator voted Tuesday to stop issuing new for-hire licenses for electric vehicles, snubbing a ride-share company that wanted to launch an all-Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> ride-sharing rival to Uber <a href=\"https://laohu8.com/S/UBER\">$(UBER)$</a> and Lyft <a href=\"https://laohu8.com/S/LYFT\">$(LYFT)$</a>.</p>\n<p>The five-to-<a href=\"https://laohu8.com/S/AONE\">one</a> vote by the Taxi and Limousine Commission blocks electric transit startup Revel from launching its fleet of 50 Model Y Tesla taxis without breaking city rules. The TLC argued that Revel can still operate if it buys 50 gas cars and swaps their licenses out for electric vehicles -- a requirement that Revel called \"the very definition of limiting market competition.\"</p>\n<p>\"It is not sustainable to allow an unlimited number of new vehicles to the road in a city that is all too familiar with the choke of traffic congestion,\" TLC Chair Aloysee Heredia Jarmoszuk said at Tuesday's meeting. \"What we will not allow is the opportunity for another corporation -- venture capitalists or otherwise -- to flood our streets with additional cars.\"</p>\n<p>The TLC's ruling came a day after it posted a bizarre notice saying that it had already voted to stop issuing electric vehicle licenses . The TLC said Monday that the notice was posted in accordance with city rules, but legal and transit experts told the Post that such notices don't typically use past-tense language, adding that it may have discouraged New Yorkers from weighing in at Tuesday's hearing.</p>\n<p>Revel CEO Frank Reig slammed the TLC's ban in a three-minute speech at the meeting, saying that in addition to its plan for environmentally friendly taxis, Revel offered its drivers fairer treatment than Uber and Lyft because it hired them as full-time employees.</p>\n<p>\"We're offering exactly what this commission has been asking for for years: fair treatment and stable pay for drivers -- who are all W-2 employees with benefits -- and a plan to drive EV adoption in the city,\" Reig said.</p>\n<p>Reig's company -- which has raised $31.6 million from backers including Toyota, according to Crunchbase -- griped that the TLC \"offered no evidence or analysis\" to support its move to end the electric vehicle exemption.</p>\n<p>\"The Commissioners sat through almost 3 hours of testimony on all sides yet asked zero questions and spent zero time deliberating before making a policy decision with profound consequences,\" Reig said in a statement. \"The TLC never intended to consider what drivers and New Yorkers had to say, and only cared about jamming through this vote on Primary Day with as little scrutiny as possible.\"</p>\n<p>Revel's plan would have been allowed under previous TLC rules, but shortly after Revel announced its plans to launch the Tesla service in April, TLC Chair Heredia Jarmoszuk said the agency planned to eliminate the electric vehicle exemption for ride-sharing licenses.</p>\n<p>Representatives of the New York Taxi Workers Alliance and several taxi drivers praised the TLC's rule change, while the Independent Drivers Guild and activist groups including the Sierra Club and Tristate Transportation Campaign blasted it, saying it would set back efforts to address climate change.</p>\n<p>The sole TLC commissioner to vote against the rule was Bill Aguado, an artist and activist who represents the Bronx. Commissioners Lauvienska Polanco and Nora Constance Marino were not present.</p>\n<p>Last week, asked if Revel would ignore a potential TLC decision against the company and launch its ride-share service anyway, Reig said the company will hit the streets.</p>\n<p>\"We are going to be on the streets because we know the law is completely on our side,\" he said. \"Never in Revel's history have we operated illegally.\"</p>\n<p>This story originally ran on NYPost.com.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why this Tesla taxi fleet won't be allowed to operate in NYC</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy this Tesla taxi fleet won't be allowed to operate in NYC\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\">2021-06-23 14:32</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>The Taxi and Limousine Commission blocked electric transit startup Revel from launching a fleet of 50 Model Y Tesla taxis</p>\n<p>New York's taxi regulator voted Tuesday to stop issuing new for-hire licenses for electric vehicles, snubbing a ride-share company that wanted to launch an all-Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> ride-sharing rival to Uber <a href=\"https://laohu8.com/S/UBER\">$(UBER)$</a> and Lyft <a href=\"https://laohu8.com/S/LYFT\">$(LYFT)$</a>.</p>\n<p>The five-to-<a href=\"https://laohu8.com/S/AONE\">one</a> vote by the Taxi and Limousine Commission blocks electric transit startup Revel from launching its fleet of 50 Model Y Tesla taxis without breaking city rules. The TLC argued that Revel can still operate if it buys 50 gas cars and swaps their licenses out for electric vehicles -- a requirement that Revel called \"the very definition of limiting market competition.\"</p>\n<p>\"It is not sustainable to allow an unlimited number of new vehicles to the road in a city that is all too familiar with the choke of traffic congestion,\" TLC Chair Aloysee Heredia Jarmoszuk said at Tuesday's meeting. \"What we will not allow is the opportunity for another corporation -- venture capitalists or otherwise -- to flood our streets with additional cars.\"</p>\n<p>The TLC's ruling came a day after it posted a bizarre notice saying that it had already voted to stop issuing electric vehicle licenses . The TLC said Monday that the notice was posted in accordance with city rules, but legal and transit experts told the Post that such notices don't typically use past-tense language, adding that it may have discouraged New Yorkers from weighing in at Tuesday's hearing.</p>\n<p>Revel CEO Frank Reig slammed the TLC's ban in a three-minute speech at the meeting, saying that in addition to its plan for environmentally friendly taxis, Revel offered its drivers fairer treatment than Uber and Lyft because it hired them as full-time employees.</p>\n<p>\"We're offering exactly what this commission has been asking for for years: fair treatment and stable pay for drivers -- who are all W-2 employees with benefits -- and a plan to drive EV adoption in the city,\" Reig said.</p>\n<p>Reig's company -- which has raised $31.6 million from backers including Toyota, according to Crunchbase -- griped that the TLC \"offered no evidence or analysis\" to support its move to end the electric vehicle exemption.</p>\n<p>\"The Commissioners sat through almost 3 hours of testimony on all sides yet asked zero questions and spent zero time deliberating before making a policy decision with profound consequences,\" Reig said in a statement. \"The TLC never intended to consider what drivers and New Yorkers had to say, and only cared about jamming through this vote on Primary Day with as little scrutiny as possible.\"</p>\n<p>Revel's plan would have been allowed under previous TLC rules, but shortly after Revel announced its plans to launch the Tesla service in April, TLC Chair Heredia Jarmoszuk said the agency planned to eliminate the electric vehicle exemption for ride-sharing licenses.</p>\n<p>Representatives of the New York Taxi Workers Alliance and several taxi drivers praised the TLC's rule change, while the Independent Drivers Guild and activist groups including the Sierra Club and Tristate Transportation Campaign blasted it, saying it would set back efforts to address climate change.</p>\n<p>The sole TLC commissioner to vote against the rule was Bill Aguado, an artist and activist who represents the Bronx. Commissioners Lauvienska Polanco and Nora Constance Marino were not present.</p>\n<p>Last week, asked if Revel would ignore a potential TLC decision against the company and launch its ride-share service anyway, Reig said the company will hit the streets.</p>\n<p>\"We are going to be on the streets because we know the law is completely on our side,\" he said. \"Never in Revel's history have we operated illegally.\"</p>\n<p>This story originally ran on NYPost.com.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145066431","content_text":"The Taxi and Limousine Commission blocked electric transit startup Revel from launching a fleet of 50 Model Y Tesla taxis\nNew York's taxi regulator voted Tuesday to stop issuing new for-hire licenses for electric vehicles, snubbing a ride-share company that wanted to launch an all-Tesla $(TSLA)$ ride-sharing rival to Uber $(UBER)$ and Lyft $(LYFT)$.\nThe five-to-one vote by the Taxi and Limousine Commission blocks electric transit startup Revel from launching its fleet of 50 Model Y Tesla taxis without breaking city rules. The TLC argued that Revel can still operate if it buys 50 gas cars and swaps their licenses out for electric vehicles -- a requirement that Revel called \"the very definition of limiting market competition.\"\n\"It is not sustainable to allow an unlimited number of new vehicles to the road in a city that is all too familiar with the choke of traffic congestion,\" TLC Chair Aloysee Heredia Jarmoszuk said at Tuesday's meeting. \"What we will not allow is the opportunity for another corporation -- venture capitalists or otherwise -- to flood our streets with additional cars.\"\nThe TLC's ruling came a day after it posted a bizarre notice saying that it had already voted to stop issuing electric vehicle licenses . The TLC said Monday that the notice was posted in accordance with city rules, but legal and transit experts told the Post that such notices don't typically use past-tense language, adding that it may have discouraged New Yorkers from weighing in at Tuesday's hearing.\nRevel CEO Frank Reig slammed the TLC's ban in a three-minute speech at the meeting, saying that in addition to its plan for environmentally friendly taxis, Revel offered its drivers fairer treatment than Uber and Lyft because it hired them as full-time employees.\n\"We're offering exactly what this commission has been asking for for years: fair treatment and stable pay for drivers -- who are all W-2 employees with benefits -- and a plan to drive EV adoption in the city,\" Reig said.\nReig's company -- which has raised $31.6 million from backers including Toyota, according to Crunchbase -- griped that the TLC \"offered no evidence or analysis\" to support its move to end the electric vehicle exemption.\n\"The Commissioners sat through almost 3 hours of testimony on all sides yet asked zero questions and spent zero time deliberating before making a policy decision with profound consequences,\" Reig said in a statement. \"The TLC never intended to consider what drivers and New Yorkers had to say, and only cared about jamming through this vote on Primary Day with as little scrutiny as possible.\"\nRevel's plan would have been allowed under previous TLC rules, but shortly after Revel announced its plans to launch the Tesla service in April, TLC Chair Heredia Jarmoszuk said the agency planned to eliminate the electric vehicle exemption for ride-sharing licenses.\nRepresentatives of the New York Taxi Workers Alliance and several taxi drivers praised the TLC's rule change, while the Independent Drivers Guild and activist groups including the Sierra Club and Tristate Transportation Campaign blasted it, saying it would set back efforts to address climate change.\nThe sole TLC commissioner to vote against the rule was Bill Aguado, an artist and activist who represents the Bronx. Commissioners Lauvienska Polanco and Nora Constance Marino were not present.\nLast week, asked if Revel would ignore a potential TLC decision against the company and launch its ride-share service anyway, Reig said the company will hit the streets.\n\"We are going to be on the streets because we know the law is completely on our side,\" he said. \"Never in Revel's history have we operated illegally.\"\nThis story originally ran on NYPost.com.","news_type":1},"isVote":1,"tweetType":1,"viewCount":195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129173764,"gmtCreate":1624367424458,"gmtModify":1703834515894,"author":{"id":"3578023888975147","authorId":"3578023888975147","name":"RomeoTan","avatar":"https://static.tigerbbs.com/89bbb07aea0b511b37eb9f1cd4db8820","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578023888975147","authorIdStr":"3578023888975147"},"themes":[],"htmlText":"Noooooooooo","listText":"Noooooooooo","text":"Noooooooooo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129173764","repostId":"1144845444","repostType":4,"repost":{"id":"1144845444","kind":"news","pubTimestamp":1624365149,"share":"https://ttm.financial/m/news/1144845444?lang=&edition=fundamental","pubTime":"2021-06-22 20:32","market":"us","language":"en","title":"Bitcoin crashes through $30K as cryptocurrency selloff picks up steam","url":"https://stock-news.laohu8.com/highlight/detail?id=1144845444","media":"seekingalpha","summary":"Down more than 7% today to $30.1K, bitcoin (BTC-USD) is among the better performers in a continued b","content":"<p>Down more than 7%&nbsp;today to $30.1K, bitcoin (BTC-USD) is among the better performers in a continued broad-based liquidation in thecryptocurrency world. Ether (ETH-USD) isdown 6%, but pretty much everything else is lower by double-digits.</p>\n<p><img src=\"https://static.tigerbbs.com/8989f738106461fb7ea849ed42de1ff4\" tg-width=\"1062\" tg-height=\"730\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Updated at 8:30 AM ET:</b>Bitcoin has plunged below $30K, now trading at $29.7K. Other names getting hit premarket include: Coinbase(NASDAQ:COIN), Canaan(NASDAQ:CAN), Bitfarms(NASDAQ:BITF), Grayscale Bitcoin Trust(OTC:GBTC).</p>\n<p>Dogecoin (DOGE-USD) is&nbsp;down 21%, Binance Coin (BNB-USD)&nbsp;-16%, Cardano (ADA-USD)&nbsp;-16%.</p>\n<p>To get an idea of the excesses that still need to come out of the crypto market, consider Dogecoin - a crypto of no value, no matter how many times Elon Musk tweets about it. At $0.18, it's off about 75% from an all-time high hit a couple of months ago, but still up several hundred times from late last year. Its market cap is $23.6B.</p>\n<p>In a crashing bubble, any news will do, and this week it's thegrowing crackdown coming out of Beijing, with bitcoin miners in China reportedly being forced to shut down operations, and the PBOC ordering banks to stop dealing in crypto.</p>\n<p>Bulls point out that minerswill simply migrate tofriendlier locales (including places like Texas and Florida which are opening the welcome gates). It's a good argument for the long-term case, but in the short-term, the price direction remains down.</p>\n<p>Among crypto names sharply lower premarket: Microstrategy(NASDAQ:MSTR), Riot Blockchain(NASDAQ:RIOT), Marathon Digital(NASDAQ:MARA).</p>\n<p><img src=\"https://static.tigerbbs.com/b0fcd8e9e34affbdce3f7d882d7084fb\" tg-width=\"285\" tg-height=\"361\" referrerpolicy=\"no-referrer\"></p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin crashes through $30K as cryptocurrency selloff picks up steam</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\">\nBitcoin crashes through $30K as cryptocurrency selloff picks up steam\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 20:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3708613-bitcoin-barely-holding-above-30k-as-cryptocurrency-selloff-picks-up-steam><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Down more than 7% today to $30.1K, bitcoin (BTC-USD) is among the better performers in a continued broad-based liquidation in thecryptocurrency world. Ether (ETH-USD) isdown 6%, but pretty much ...</p>\n\n<a href=\"https://seekingalpha.com/news/3708613-bitcoin-barely-holding-above-30k-as-cryptocurrency-selloff-picks-up-steam\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust","COIN":"Coinbase Global, Inc."},"source_url":"https://seekingalpha.com/news/3708613-bitcoin-barely-holding-above-30k-as-cryptocurrency-selloff-picks-up-steam","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144845444","content_text":"Down more than 7% today to $30.1K, bitcoin (BTC-USD) is among the better performers in a continued broad-based liquidation in thecryptocurrency world. Ether (ETH-USD) isdown 6%, but pretty much everything else is lower by double-digits.\n\nUpdated at 8:30 AM ET:Bitcoin has plunged below $30K, now trading at $29.7K. Other names getting hit premarket include: Coinbase(NASDAQ:COIN), Canaan(NASDAQ:CAN), Bitfarms(NASDAQ:BITF), Grayscale Bitcoin Trust(OTC:GBTC).\nDogecoin (DOGE-USD) is down 21%, Binance Coin (BNB-USD) -16%, Cardano (ADA-USD) -16%.\nTo get an idea of the excesses that still need to come out of the crypto market, consider Dogecoin - a crypto of no value, no matter how many times Elon Musk tweets about it. At $0.18, it's off about 75% from an all-time high hit a couple of months ago, but still up several hundred times from late last year. Its market cap is $23.6B.\nIn a crashing bubble, any news will do, and this week it's thegrowing crackdown coming out of Beijing, with bitcoin miners in China reportedly being forced to shut down operations, and the PBOC ordering banks to stop dealing in crypto.\nBulls point out that minerswill simply migrate tofriendlier locales (including places like Texas and Florida which are opening the welcome gates). It's a good argument for the long-term case, but in the short-term, the price direction remains down.\nAmong crypto names sharply lower premarket: Microstrategy(NASDAQ:MSTR), Riot Blockchain(NASDAQ:RIOT), Marathon Digital(NASDAQ:MARA).","news_type":1},"isVote":1,"tweetType":1,"viewCount":116,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164834357,"gmtCreate":1624190341179,"gmtModify":1703830380517,"author":{"id":"3578023888975147","authorId":"3578023888975147","name":"RomeoTan","avatar":"https://static.tigerbbs.com/89bbb07aea0b511b37eb9f1cd4db8820","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578023888975147","authorIdStr":"3578023888975147"},"themes":[],"htmlText":"Merck!!&nbsp;","listText":"Merck!!&nbsp;","text":"Merck!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164834357","repostId":"2144243772","repostType":2,"repost":{"id":"2144243772","kind":"highlight","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":1624035120,"share":"https://ttm.financial/m/news/2144243772?lang=&edition=fundamental","pubTime":"2021-06-19 00:52","market":"us","language":"en","title":"AMC, big movie chains are more than meme stocks to property bond investors","url":"https://stock-news.laohu8.com/highlight/detail?id=2144243772","media":"Dow Jones","summary":"MW AMC, big movie chains are more than meme stocks to property bond investors\n\n\n  By Joy Wiltermuth ","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW AMC, big movie chains are more than meme stocks to property bond investors\n</p>\n<p>\n  By Joy Wiltermuth \n</p>\n<p>\n  Can nostalgia save movie theaters? \n</p>\n<p>\n  \"Nowhere special. I always wanted to go there,\" said Gene Wilder's character  with setting \"the gold standard\" for the interracial buddy comedy \"with its over-the-top jabs at racism and Hollywood.\" \n</p>\n<p>\n  The appeal of going almost anywhere to escape home -- and extreme heat  scorching Western states  -- has deepened as more people in the U.S. get fully vaccinated for COVID. But a movie theater? Commercial property bond investors weren't always thrilled about the niche buildings even before the pandemic hit. \n</p>\n<p>\n  \"We didn't like movie theaters, generally to speak of, even pre-COVID,\" said Dave Goodson, Voya Investment Management's head of securitized investments, adding that upkeep can be expensive on the big, boxy buildings, even before thinking about what retrofits might be needed to attract another kind of tenant if a theater chain goes dark. \n</p>\n<p>\n  \"Uncertainty around the space, that's been accelerated with COVID,\" Goodson told MarketWatch. \"It forces us to be more cautious.\" \n</p>\n<p>\n  Roughly $34 billion worth of property loans have a movie theater operator as a top-five tenant, according to Trepp LLC, when looking at the broader $600 billion U.S. commercial mortgage bond market. \n</p>\n<p>\n  Trepp estimated that embattled AMC Entertainment Holdings Inc. <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a>, a popular meme stock, had the largest real estate footprint of 20 operators in the sector at 37%, followed by Regal Cinemas at 22% and Cinemark Holdings Inc. <a href=\"https://laohu8.com/S/CNK\">$(CNK)$</a>at 16%. \n</p>\n<p>\n  \"At AMC, we were within months or weeks of running out of cash five different times between April of 2020 and January of 2021,\" said chief executive Adam Aron on the company's May 6 first-quarter earnings call, while stressing that AMC's outlook has \"radically improved\" since, including as more theaters have reopened during the pandemic. \n</p>\n<p>\n  The cash-burning AMC reported raising about $2.95 billion of fresh capital through equity or debt offerings, as part of the earnings report, and receiving about $1.2 billion of landlord or creditor concessions. \n</p>\n<p>\n  Shares of  AMC were up 2.5% Friday and almost 3,000 on the year, while the S&amp;P 500 index  traded about 0.8% lower for the session, but up  9.2% so far in 2021. U.S. stock indexes mostly were set to book weekly declines  after the Federal Reserve offered a slightly more hawkish policy update on Wednesday, which also sent benchmark Treasury yields  tumbling. \n</p>\n<p>\n  AMC did not immediately respond to a request for comment for this article. \n</p>\n<p>\n  AMC boss Aron took to <a href=\"https://laohu8.com/S/TWTR\">Twitter</a>(TWTR) this week to urge shareholders to vote to approve the sale of 25 million new shares, roughly six months from now. \n</p>\n<p>\n</p>\n<p>\n  Aron has cultivated a splashy following  on social media with the meme-stock crowd, but as the former chief executive of Starwood Hotels &amp; Resorts also has deep experience in real estate and commercial property finance. \n</p>\n<p>\n  Wall Street has been a key financier for owners of shopping malls, hotels, office buildings and other types of commercial properties since the late 1990s, when the velocity of loans packaged into bond deals took off. \n</p>\n<p>\n  A typical commercial mortgage bond deal might reach $1 billion and include loans on roughly 70 buildings of various property types coast-to-coast, in theory, a feature that can help insulate investors from downturns that hit a specific region or asset class. \n</p>\n<p>\n  For bondholders, that also means movie theaters, while large tenants, often only serve as part of the tenant mix at most properties, including in the $34 billion of mortgage debt tied to AMC and similar chains, which could be a saving grace. \n</p>\n<p>\n  \"It's not necessarily tied all specifically to movie theaters,\" said Jen Ripper, investment specialist in mortgage bonds at Penn Mutual Asset Management. \"In any given [bond] deal, a theater would tend to be pretty small in the big picture of a diversified conduit deal.\" \n</p>\n<p>\n  Even so, Ripper said movie theaters are worth \"keeping an eye on,\" particularly since it's unclear what, or how long, it will take to get movie seats filled at 2019 levels, or if that's even possible. \n</p>\n<p>\n  \"There's a lot of competition with streaming services,\" she said. \"But I do think people like to go to the movies for the experience. Star Wars fanatics will probably go to the theater.\" \n</p>\n<p>\n  And while empty shopping centers pose their own sets of problems for investors, Goodson sees added risk in owning mall property debt that has movie theaters in the mix. \n</p>\n<p>\n  \"We have to acknowledge that the consumer is still in the midst of a change in terms of the way we consume, whether that's services or goods or apparel,\" he said. \"We will forecast, generally, a lower recovery if the mall has a theater.\" \n</p>\n<p>\n  See also: The streaming wars have a winner -- in this real estate sector  \n</p>\n<p>\n  -Joy Wiltermuth; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  June 18, 2021 12:52 ET (16:52 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>","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, big movie chains are more than meme stocks to property bond investors</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, big movie chains are more than meme stocks to property bond investors\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\">2021-06-19 00:52</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW AMC, big movie chains are more than meme stocks to property bond investors\n</p>\n<p>\n  By Joy Wiltermuth \n</p>\n<p>\n  Can nostalgia save movie theaters? \n</p>\n<p>\n  \"Nowhere special. I always wanted to go there,\" said Gene Wilder's character  with setting \"the gold standard\" for the interracial buddy comedy \"with its over-the-top jabs at racism and Hollywood.\" \n</p>\n<p>\n  The appeal of going almost anywhere to escape home -- and extreme heat  scorching Western states  -- has deepened as more people in the U.S. get fully vaccinated for COVID. But a movie theater? Commercial property bond investors weren't always thrilled about the niche buildings even before the pandemic hit. \n</p>\n<p>\n  \"We didn't like movie theaters, generally to speak of, even pre-COVID,\" said Dave Goodson, Voya Investment Management's head of securitized investments, adding that upkeep can be expensive on the big, boxy buildings, even before thinking about what retrofits might be needed to attract another kind of tenant if a theater chain goes dark. \n</p>\n<p>\n  \"Uncertainty around the space, that's been accelerated with COVID,\" Goodson told MarketWatch. \"It forces us to be more cautious.\" \n</p>\n<p>\n  Roughly $34 billion worth of property loans have a movie theater operator as a top-five tenant, according to Trepp LLC, when looking at the broader $600 billion U.S. commercial mortgage bond market. \n</p>\n<p>\n  Trepp estimated that embattled AMC Entertainment Holdings Inc. <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a>, a popular meme stock, had the largest real estate footprint of 20 operators in the sector at 37%, followed by Regal Cinemas at 22% and Cinemark Holdings Inc. <a href=\"https://laohu8.com/S/CNK\">$(CNK)$</a>at 16%. \n</p>\n<p>\n  \"At AMC, we were within months or weeks of running out of cash five different times between April of 2020 and January of 2021,\" said chief executive Adam Aron on the company's May 6 first-quarter earnings call, while stressing that AMC's outlook has \"radically improved\" since, including as more theaters have reopened during the pandemic. \n</p>\n<p>\n  The cash-burning AMC reported raising about $2.95 billion of fresh capital through equity or debt offerings, as part of the earnings report, and receiving about $1.2 billion of landlord or creditor concessions. \n</p>\n<p>\n  Shares of  AMC were up 2.5% Friday and almost 3,000 on the year, while the S&amp;P 500 index  traded about 0.8% lower for the session, but up  9.2% so far in 2021. U.S. stock indexes mostly were set to book weekly declines  after the Federal Reserve offered a slightly more hawkish policy update on Wednesday, which also sent benchmark Treasury yields  tumbling. \n</p>\n<p>\n  AMC did not immediately respond to a request for comment for this article. \n</p>\n<p>\n  AMC boss Aron took to <a href=\"https://laohu8.com/S/TWTR\">Twitter</a>(TWTR) this week to urge shareholders to vote to approve the sale of 25 million new shares, roughly six months from now. \n</p>\n<p>\n</p>\n<p>\n  Aron has cultivated a splashy following  on social media with the meme-stock crowd, but as the former chief executive of Starwood Hotels &amp; Resorts also has deep experience in real estate and commercial property finance. \n</p>\n<p>\n  Wall Street has been a key financier for owners of shopping malls, hotels, office buildings and other types of commercial properties since the late 1990s, when the velocity of loans packaged into bond deals took off. \n</p>\n<p>\n  A typical commercial mortgage bond deal might reach $1 billion and include loans on roughly 70 buildings of various property types coast-to-coast, in theory, a feature that can help insulate investors from downturns that hit a specific region or asset class. \n</p>\n<p>\n  For bondholders, that also means movie theaters, while large tenants, often only serve as part of the tenant mix at most properties, including in the $34 billion of mortgage debt tied to AMC and similar chains, which could be a saving grace. \n</p>\n<p>\n  \"It's not necessarily tied all specifically to movie theaters,\" said Jen Ripper, investment specialist in mortgage bonds at Penn Mutual Asset Management. \"In any given [bond] deal, a theater would tend to be pretty small in the big picture of a diversified conduit deal.\" \n</p>\n<p>\n  Even so, Ripper said movie theaters are worth \"keeping an eye on,\" particularly since it's unclear what, or how long, it will take to get movie seats filled at 2019 levels, or if that's even possible. \n</p>\n<p>\n  \"There's a lot of competition with streaming services,\" she said. \"But I do think people like to go to the movies for the experience. Star Wars fanatics will probably go to the theater.\" \n</p>\n<p>\n  And while empty shopping centers pose their own sets of problems for investors, Goodson sees added risk in owning mall property debt that has movie theaters in the mix. \n</p>\n<p>\n  \"We have to acknowledge that the consumer is still in the midst of a change in terms of the way we consume, whether that's services or goods or apparel,\" he said. \"We will forecast, generally, a lower recovery if the mall has a theater.\" \n</p>\n<p>\n  See also: The streaming wars have a winner -- in this real estate sector  \n</p>\n<p>\n  -Joy Wiltermuth; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  June 18, 2021 12:52 ET (16:52 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter","CNK":"喜满客影城","AMC":"AMC院线","QNETCN":"纳斯达克中美互联网老虎指数"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144243772","content_text":"MW AMC, big movie chains are more than meme stocks to property bond investors\n\n\n  By Joy Wiltermuth \n\n\n  Can nostalgia save movie theaters? \n\n\n  \"Nowhere special. I always wanted to go there,\" said Gene Wilder's character  with setting \"the gold standard\" for the interracial buddy comedy \"with its over-the-top jabs at racism and Hollywood.\" \n\n\n  The appeal of going almost anywhere to escape home -- and extreme heat  scorching Western states  -- has deepened as more people in the U.S. get fully vaccinated for COVID. But a movie theater? Commercial property bond investors weren't always thrilled about the niche buildings even before the pandemic hit. \n\n\n  \"We didn't like movie theaters, generally to speak of, even pre-COVID,\" said Dave Goodson, Voya Investment Management's head of securitized investments, adding that upkeep can be expensive on the big, boxy buildings, even before thinking about what retrofits might be needed to attract another kind of tenant if a theater chain goes dark. \n\n\n  \"Uncertainty around the space, that's been accelerated with COVID,\" Goodson told MarketWatch. \"It forces us to be more cautious.\" \n\n\n  Roughly $34 billion worth of property loans have a movie theater operator as a top-five tenant, according to Trepp LLC, when looking at the broader $600 billion U.S. commercial mortgage bond market. \n\n\n  Trepp estimated that embattled AMC Entertainment Holdings Inc. $(AMC)$, a popular meme stock, had the largest real estate footprint of 20 operators in the sector at 37%, followed by Regal Cinemas at 22% and Cinemark Holdings Inc. $(CNK)$at 16%. \n\n\n  \"At AMC, we were within months or weeks of running out of cash five different times between April of 2020 and January of 2021,\" said chief executive Adam Aron on the company's May 6 first-quarter earnings call, while stressing that AMC's outlook has \"radically improved\" since, including as more theaters have reopened during the pandemic. \n\n\n  The cash-burning AMC reported raising about $2.95 billion of fresh capital through equity or debt offerings, as part of the earnings report, and receiving about $1.2 billion of landlord or creditor concessions. \n\n\n  Shares of  AMC were up 2.5% Friday and almost 3,000 on the year, while the S&P 500 index  traded about 0.8% lower for the session, but up  9.2% so far in 2021. U.S. stock indexes mostly were set to book weekly declines  after the Federal Reserve offered a slightly more hawkish policy update on Wednesday, which also sent benchmark Treasury yields  tumbling. \n\n\n  AMC did not immediately respond to a request for comment for this article. \n\n\n  AMC boss Aron took to Twitter(TWTR) this week to urge shareholders to vote to approve the sale of 25 million new shares, roughly six months from now. \n\n\n\n\n  Aron has cultivated a splashy following  on social media with the meme-stock crowd, but as the former chief executive of Starwood Hotels & Resorts also has deep experience in real estate and commercial property finance. \n\n\n  Wall Street has been a key financier for owners of shopping malls, hotels, office buildings and other types of commercial properties since the late 1990s, when the velocity of loans packaged into bond deals took off. \n\n\n  A typical commercial mortgage bond deal might reach $1 billion and include loans on roughly 70 buildings of various property types coast-to-coast, in theory, a feature that can help insulate investors from downturns that hit a specific region or asset class. \n\n\n  For bondholders, that also means movie theaters, while large tenants, often only serve as part of the tenant mix at most properties, including in the $34 billion of mortgage debt tied to AMC and similar chains, which could be a saving grace. \n\n\n  \"It's not necessarily tied all specifically to movie theaters,\" said Jen Ripper, investment specialist in mortgage bonds at Penn Mutual Asset Management. \"In any given [bond] deal, a theater would tend to be pretty small in the big picture of a diversified conduit deal.\" \n\n\n  Even so, Ripper said movie theaters are worth \"keeping an eye on,\" particularly since it's unclear what, or how long, it will take to get movie seats filled at 2019 levels, or if that's even possible. \n\n\n  \"There's a lot of competition with streaming services,\" she said. \"But I do think people like to go to the movies for the experience. Star Wars fanatics will probably go to the theater.\" \n\n\n  And while empty shopping centers pose their own sets of problems for investors, Goodson sees added risk in owning mall property debt that has movie theaters in the mix. \n\n\n  \"We have to acknowledge that the consumer is still in the midst of a change in terms of the way we consume, whether that's services or goods or apparel,\" he said. \"We will forecast, generally, a lower recovery if the mall has a theater.\" \n\n\n  See also: The streaming wars have a winner -- in this real estate sector  \n\n\n  -Joy Wiltermuth; 415-439-6400; AskNewswires@dowjones.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  June 18, 2021 12:52 ET (16:52 GMT)\n\n\n  Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":173,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161728625,"gmtCreate":1623941205567,"gmtModify":1703824174772,"author":{"id":"3578023888975147","authorId":"3578023888975147","name":"RomeoTan","avatar":"https://static.tigerbbs.com/89bbb07aea0b511b37eb9f1cd4db8820","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578023888975147","authorIdStr":"3578023888975147"},"themes":[],"htmlText":"Cool share&nbsp;","listText":"Cool share&nbsp;","text":"Cool share","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161728625","repostId":"1137716821","repostType":2,"repost":{"id":"1137716821","kind":"news","pubTimestamp":1623940600,"share":"https://ttm.financial/m/news/1137716821?lang=&edition=fundamental","pubTime":"2021-06-17 22:36","market":"us","language":"en","title":"With Fed Seeing Higher Inflation, Growth Stocks Could be In The Spotlight Today","url":"https://stock-news.laohu8.com/highlight/detail?id=1137716821","media":"benzinga","summary":"It seems that the market debate about whether inflation is truly temporary or could be more lingerin","content":"<p>It seems that the market debate about whether inflation is truly temporary or could be more lingering has heated up a bit.</p>\n<p>The Fed added more fuel to that fire by raising its inflation expectations for this year but still saying it thinks inflation is “transitory.” This argument may also further another tussle that’s been going on in the market—growth versus value—with growth stocks perhaps continuing to be a little worse for wear amid worries about inflation eating away at future earnings prospects.</p>\n<p>But really we’re still just in the follow-up mode to the Fed’s announcement, and the selling hasn’t been that bad. There certainly hasn’t been any panic. Chair Jerome Powell did say to take the dot plot with a “big grain of salt.” Also the central bank didn’t say when it would start tapering its bond purchases, with Powell calling this month’s meeting the “talking about talking about” one.</p>\n<p>So all in all, a big takeaway was that the Fed may be engaging in one of those summer traditions of easing cautiously into cold water while still trying to keep its swimsuit dry. While the market wasn’t particularly warm to what the Fed had to say, it’s not like the bottom fell out.</p>\n<p>In earnings news this morning, grocery giant&nbsp;<b>Kroger</b>&nbsp;rung up solid earnings, raised full-year guidance, and announced a billion-dollar stock buyback … and shares were near unchanged in premarket trading. As we’ve seen in recent days, retailers can have a hard time impressing investors in the post-Covid world. Shares of homebuilder&nbsp;<b>Lennar</b>&nbsp;are pointing green after releasing better-than-expected earnings and offering up some positive words on the demand outlook. Remember:&nbsp;Homebuilders have had a tough time&nbsp;navigating the pandemic, with low-interest rates and high demand countered by soaring costs of labor, raw materials, and building supplies.</p>\n<p>Another stock in the green—literally and figuratively—is&nbsp;<b>Ford</b>&nbsp;, which issued strong Q2 guidance ahead of the Deutsche Bank Auto Conference. Shares of F, which are up more than 70% this year, soared another 3% ahead of the open. F and rival U.S. automaker&nbsp;<b>General Motors</b>GM 0.91%have grabbed the headlines in recent days amid plans to shift electric vehicle production into high gear.</p>\n<p>A (Somewhat) Jarring Jolt</p>\n<p>Yesterday, stock indices quickly fell to session lows when the Fed issued projections showing much better chances of a rate hike next year. It also raised its inflation growth estimate for this year pretty sharply.</p>\n<p>These moves led to thoughts among analysts that a taper of the Fed’s $120 billion a month bond-buying program might start by late this year or early next, though the Fed is sticking by it for now.</p>\n<p>Seven members of the Federal Open Market Committee (FOMC) now expect at least one rate hike next year, up from four who did at the Fed’s March meeting. Also, 13 FOMC members expect rates to rise in 2023, up from seven in March. The meeting basically seems to indicate we can expect a rate hike possibly by late 2023, rather than the 2024 timing projected after the March meeting.</p>\n<p>But stocks did recover somewhat yesterday, and the laggard&nbsp;<b>Dow Jones Industrial Average</b>&nbsp;($DJI) was able to regain the 34,000 mark when all was said and done.</p>\n<p>Is It Worth A&nbsp;Taper Tantrum?</p>\n<p>Even though really-cheap-money may be coming to an end sooner than some had expected, it doesn’t seem like the present situation is anything to go too crazy over. It’s unclear if the Fed will really change course until we get a handle on employment and some of the government subsidies start to dry up. Last week’s Job Openings and Labor Turnover Survey report showed a historically high level of job openings. It’s hard to imagine the Fed getting too hawkish while all those jobs are left to be filled.</p>\n<p>The Fed’s actual press release didn’t change all that much from March. It did say the country is making progress on vaccinations, easing the crisis. There was no change in its asset purchase language and its aiming for inflation above 2% for some time. Even though the Fed raised its inflation projection, it continues to say inflation is “transitory.”</p>\n<p>Fed officials continue to cite short-term supply bottlenecks caused by sharp increases in demand as the economy reopens following the pandemic. The supply shortages, they say, will fade as the year continues. Let’s hope they’re right.</p>\n<p><b>CHART OF THE DAY: IN TANDEM:</b>The&nbsp;<b>US dollar index</b>&nbsp;($DXY—purple line) and&nbsp;<b>10-Year Treasury Note Yield Index</b>&nbsp;(TNX—candlestick) both popped nicely on the Fed news yesterday. It seems that the central bank may be a little more hawkish than many market participants were expecting at this juncture. Data source: Intercontinental Exchange, Cboe Global Markets. Chart source: The&nbsp;thinkorswim® platform.&nbsp;<i>For illustrative purposes only. Past performance does not guarantee future results.</i></p>\n<p><b>ESG Debt Accelerating:</b>It’s not your grandfather’s market. There is still a place in many investor portfolios for companies where the bottom line is, well, the bottom line. But investing in line with environmental, social, and governance goals has taken hold in the minds of many investors. This so-called ESG investing is not only associated with stock, but also bonds. Research company BloombergNEF this month reported that money borrowed for ESG purposes has surpassed $3 trillion.</p>\n<p>That sustainable debt milestone “highlights the rapid growth this once-niche corner of investing has seen lately, with the most recent trillion dollars issued in just the last eight months,” the research company said. It took almost 12 years to reach the $1 trillion mark since sustainable debt labeling began and less than two years to reach the second trillion, according to BloombergNEF.</p>\n<p><b>Charging Up:</b>Continuing with the sustainability theme, it may seem that&nbsp;<b>Tesla</b>&nbsp;dominates the headlines for electric vehicles, but the company is facing increased competition from both electric vehicle upstarts like&nbsp;<b>Kandi Technologies Group</b>&nbsp;,&nbsp;<b>Li Auto</b>&nbsp;, and&nbsp;<b>NIO</b>&nbsp;but also from traditional automakers like&nbsp;<b>General Motors</b>&nbsp;and&nbsp;<b>Ford</b>&nbsp;. Indeed, BloombergNEF this month released its latest annual Electric Vehicle Outlook that says even with no additional policy measures global sales of zero-emission cars will rise from 4% of the market in 2020 to 70% by 2040, led by China, the United States and European economies.</p>\n<p><b>Catching The Bus:</b>But the electric vehicle push also offers investors opportunities beyond cars. The BloombergNEF EV outlook sees global sales of zero-emission buses rising to 83%, light commercial vehicles to 60%, and medium and heavy commercial vehicles to just over 30% of their respective markets by 2040. In recent related news, a California program that provides cash vouchers to reduce the purchase price for operators of electric commercial vehicles recently said enough funding has been requested to fund more than 900 vehicles, and more funds will be available in August. One company that could benefit is&nbsp;<b>Lion Electric</b>&nbsp;. According to research from BMO Capital Markets, the West Coast state is the largest target market for the company’s electric school buses and trucks.</p>\n<p>“We understand Lion has applied for a few vouchers for customers with results to be determined within weeks,” a BMO research note said. “These could represent some orders toward what Lion needs to secure over the next 18 months to achieve our 2022 sales projection for 2,475 vehicles.” Just as with the proliferation of electric car makers, there also are a growing number of companies involved in heavier electric vehicles, including LEV,&nbsp;<b>Arrival</b>ARVL 6.42%,&nbsp;<b>BYD Co.</b>&nbsp;(OTCMKTS: BYDDY),&nbsp;<b>Nikola Corp.</b>&nbsp;. And yes, lest we forget, TSLA has been working on an electric semi-truck for years.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>With Fed Seeing Higher Inflation, Growth Stocks Could be In The Spotlight Today</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\">\nWith Fed Seeing Higher Inflation, Growth Stocks Could be In The Spotlight Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 22:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/earnings/21/06/21608060/with-fed-seeing-higher-inflation-growth-stocks-could-be-in-the-spotlight-today><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It seems that the market debate about whether inflation is truly temporary or could be more lingering has heated up a bit.\nThe Fed added more fuel to that fire by raising its inflation expectations ...</p>\n\n<a href=\"https://www.benzinga.com/news/earnings/21/06/21608060/with-fed-seeing-higher-inflation-growth-stocks-could-be-in-the-spotlight-today\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KR":"克罗格","TSLA":"特斯拉","LEN":"莱纳建筑公司"},"source_url":"https://www.benzinga.com/news/earnings/21/06/21608060/with-fed-seeing-higher-inflation-growth-stocks-could-be-in-the-spotlight-today","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137716821","content_text":"It seems that the market debate about whether inflation is truly temporary or could be more lingering has heated up a bit.\nThe Fed added more fuel to that fire by raising its inflation expectations for this year but still saying it thinks inflation is “transitory.” This argument may also further another tussle that’s been going on in the market—growth versus value—with growth stocks perhaps continuing to be a little worse for wear amid worries about inflation eating away at future earnings prospects.\nBut really we’re still just in the follow-up mode to the Fed’s announcement, and the selling hasn’t been that bad. There certainly hasn’t been any panic. Chair Jerome Powell did say to take the dot plot with a “big grain of salt.” Also the central bank didn’t say when it would start tapering its bond purchases, with Powell calling this month’s meeting the “talking about talking about” one.\nSo all in all, a big takeaway was that the Fed may be engaging in one of those summer traditions of easing cautiously into cold water while still trying to keep its swimsuit dry. While the market wasn’t particularly warm to what the Fed had to say, it’s not like the bottom fell out.\nIn earnings news this morning, grocery giant Kroger rung up solid earnings, raised full-year guidance, and announced a billion-dollar stock buyback … and shares were near unchanged in premarket trading. As we’ve seen in recent days, retailers can have a hard time impressing investors in the post-Covid world. Shares of homebuilder Lennar are pointing green after releasing better-than-expected earnings and offering up some positive words on the demand outlook. Remember: Homebuilders have had a tough time navigating the pandemic, with low-interest rates and high demand countered by soaring costs of labor, raw materials, and building supplies.\nAnother stock in the green—literally and figuratively—is Ford , which issued strong Q2 guidance ahead of the Deutsche Bank Auto Conference. Shares of F, which are up more than 70% this year, soared another 3% ahead of the open. F and rival U.S. automaker General MotorsGM 0.91%have grabbed the headlines in recent days amid plans to shift electric vehicle production into high gear.\nA (Somewhat) Jarring Jolt\nYesterday, stock indices quickly fell to session lows when the Fed issued projections showing much better chances of a rate hike next year. It also raised its inflation growth estimate for this year pretty sharply.\nThese moves led to thoughts among analysts that a taper of the Fed’s $120 billion a month bond-buying program might start by late this year or early next, though the Fed is sticking by it for now.\nSeven members of the Federal Open Market Committee (FOMC) now expect at least one rate hike next year, up from four who did at the Fed’s March meeting. Also, 13 FOMC members expect rates to rise in 2023, up from seven in March. The meeting basically seems to indicate we can expect a rate hike possibly by late 2023, rather than the 2024 timing projected after the March meeting.\nBut stocks did recover somewhat yesterday, and the laggard Dow Jones Industrial Average ($DJI) was able to regain the 34,000 mark when all was said and done.\nIs It Worth A Taper Tantrum?\nEven though really-cheap-money may be coming to an end sooner than some had expected, it doesn’t seem like the present situation is anything to go too crazy over. It’s unclear if the Fed will really change course until we get a handle on employment and some of the government subsidies start to dry up. Last week’s Job Openings and Labor Turnover Survey report showed a historically high level of job openings. It’s hard to imagine the Fed getting too hawkish while all those jobs are left to be filled.\nThe Fed’s actual press release didn’t change all that much from March. It did say the country is making progress on vaccinations, easing the crisis. There was no change in its asset purchase language and its aiming for inflation above 2% for some time. Even though the Fed raised its inflation projection, it continues to say inflation is “transitory.”\nFed officials continue to cite short-term supply bottlenecks caused by sharp increases in demand as the economy reopens following the pandemic. The supply shortages, they say, will fade as the year continues. Let’s hope they’re right.\nCHART OF THE DAY: IN TANDEM:The US dollar index ($DXY—purple line) and 10-Year Treasury Note Yield Index (TNX—candlestick) both popped nicely on the Fed news yesterday. It seems that the central bank may be a little more hawkish than many market participants were expecting at this juncture. Data source: Intercontinental Exchange, Cboe Global Markets. Chart source: The thinkorswim® platform. For illustrative purposes only. Past performance does not guarantee future results.\nESG Debt Accelerating:It’s not your grandfather’s market. There is still a place in many investor portfolios for companies where the bottom line is, well, the bottom line. But investing in line with environmental, social, and governance goals has taken hold in the minds of many investors. This so-called ESG investing is not only associated with stock, but also bonds. Research company BloombergNEF this month reported that money borrowed for ESG purposes has surpassed $3 trillion.\nThat sustainable debt milestone “highlights the rapid growth this once-niche corner of investing has seen lately, with the most recent trillion dollars issued in just the last eight months,” the research company said. It took almost 12 years to reach the $1 trillion mark since sustainable debt labeling began and less than two years to reach the second trillion, according to BloombergNEF.\nCharging Up:Continuing with the sustainability theme, it may seem that Tesla dominates the headlines for electric vehicles, but the company is facing increased competition from both electric vehicle upstarts like Kandi Technologies Group , Li Auto , and NIO but also from traditional automakers like General Motors and Ford . Indeed, BloombergNEF this month released its latest annual Electric Vehicle Outlook that says even with no additional policy measures global sales of zero-emission cars will rise from 4% of the market in 2020 to 70% by 2040, led by China, the United States and European economies.\nCatching The Bus:But the electric vehicle push also offers investors opportunities beyond cars. The BloombergNEF EV outlook sees global sales of zero-emission buses rising to 83%, light commercial vehicles to 60%, and medium and heavy commercial vehicles to just over 30% of their respective markets by 2040. In recent related news, a California program that provides cash vouchers to reduce the purchase price for operators of electric commercial vehicles recently said enough funding has been requested to fund more than 900 vehicles, and more funds will be available in August. One company that could benefit is Lion Electric . According to research from BMO Capital Markets, the West Coast state is the largest target market for the company’s electric school buses and trucks.\n“We understand Lion has applied for a few vouchers for customers with results to be determined within weeks,” a BMO research note said. “These could represent some orders toward what Lion needs to secure over the next 18 months to achieve our 2022 sales projection for 2,475 vehicles.” Just as with the proliferation of electric car makers, there also are a growing number of companies involved in heavier electric vehicles, including LEV, ArrivalARVL 6.42%, BYD Co. (OTCMKTS: BYDDY), Nikola Corp. . And yes, lest we forget, TSLA has been working on an electric semi-truck for years.","news_type":1},"isVote":1,"tweetType":1,"viewCount":183,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":164834357,"gmtCreate":1624190341179,"gmtModify":1703830380517,"author":{"id":"3578023888975147","authorId":"3578023888975147","name":"RomeoTan","avatar":"https://static.tigerbbs.com/89bbb07aea0b511b37eb9f1cd4db8820","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578023888975147","authorIdStr":"3578023888975147"},"themes":[],"htmlText":"Merck!!&nbsp;","listText":"Merck!!&nbsp;","text":"Merck!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164834357","repostId":"2144243772","repostType":2,"repost":{"id":"2144243772","kind":"highlight","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":1624035120,"share":"https://ttm.financial/m/news/2144243772?lang=&edition=fundamental","pubTime":"2021-06-19 00:52","market":"us","language":"en","title":"AMC, big movie chains are more than meme stocks to property bond investors","url":"https://stock-news.laohu8.com/highlight/detail?id=2144243772","media":"Dow Jones","summary":"MW AMC, big movie chains are more than meme stocks to property bond investors\n\n\n  By Joy Wiltermuth ","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW AMC, big movie chains are more than meme stocks to property bond investors\n</p>\n<p>\n  By Joy Wiltermuth \n</p>\n<p>\n  Can nostalgia save movie theaters? \n</p>\n<p>\n  \"Nowhere special. I always wanted to go there,\" said Gene Wilder's character  with setting \"the gold standard\" for the interracial buddy comedy \"with its over-the-top jabs at racism and Hollywood.\" \n</p>\n<p>\n  The appeal of going almost anywhere to escape home -- and extreme heat  scorching Western states  -- has deepened as more people in the U.S. get fully vaccinated for COVID. But a movie theater? Commercial property bond investors weren't always thrilled about the niche buildings even before the pandemic hit. \n</p>\n<p>\n  \"We didn't like movie theaters, generally to speak of, even pre-COVID,\" said Dave Goodson, Voya Investment Management's head of securitized investments, adding that upkeep can be expensive on the big, boxy buildings, even before thinking about what retrofits might be needed to attract another kind of tenant if a theater chain goes dark. \n</p>\n<p>\n  \"Uncertainty around the space, that's been accelerated with COVID,\" Goodson told MarketWatch. \"It forces us to be more cautious.\" \n</p>\n<p>\n  Roughly $34 billion worth of property loans have a movie theater operator as a top-five tenant, according to Trepp LLC, when looking at the broader $600 billion U.S. commercial mortgage bond market. \n</p>\n<p>\n  Trepp estimated that embattled AMC Entertainment Holdings Inc. <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a>, a popular meme stock, had the largest real estate footprint of 20 operators in the sector at 37%, followed by Regal Cinemas at 22% and Cinemark Holdings Inc. <a href=\"https://laohu8.com/S/CNK\">$(CNK)$</a>at 16%. \n</p>\n<p>\n  \"At AMC, we were within months or weeks of running out of cash five different times between April of 2020 and January of 2021,\" said chief executive Adam Aron on the company's May 6 first-quarter earnings call, while stressing that AMC's outlook has \"radically improved\" since, including as more theaters have reopened during the pandemic. \n</p>\n<p>\n  The cash-burning AMC reported raising about $2.95 billion of fresh capital through equity or debt offerings, as part of the earnings report, and receiving about $1.2 billion of landlord or creditor concessions. \n</p>\n<p>\n  Shares of  AMC were up 2.5% Friday and almost 3,000 on the year, while the S&amp;P 500 index  traded about 0.8% lower for the session, but up  9.2% so far in 2021. U.S. stock indexes mostly were set to book weekly declines  after the Federal Reserve offered a slightly more hawkish policy update on Wednesday, which also sent benchmark Treasury yields  tumbling. \n</p>\n<p>\n  AMC did not immediately respond to a request for comment for this article. \n</p>\n<p>\n  AMC boss Aron took to <a href=\"https://laohu8.com/S/TWTR\">Twitter</a>(TWTR) this week to urge shareholders to vote to approve the sale of 25 million new shares, roughly six months from now. \n</p>\n<p>\n</p>\n<p>\n  Aron has cultivated a splashy following  on social media with the meme-stock crowd, but as the former chief executive of Starwood Hotels &amp; Resorts also has deep experience in real estate and commercial property finance. \n</p>\n<p>\n  Wall Street has been a key financier for owners of shopping malls, hotels, office buildings and other types of commercial properties since the late 1990s, when the velocity of loans packaged into bond deals took off. \n</p>\n<p>\n  A typical commercial mortgage bond deal might reach $1 billion and include loans on roughly 70 buildings of various property types coast-to-coast, in theory, a feature that can help insulate investors from downturns that hit a specific region or asset class. \n</p>\n<p>\n  For bondholders, that also means movie theaters, while large tenants, often only serve as part of the tenant mix at most properties, including in the $34 billion of mortgage debt tied to AMC and similar chains, which could be a saving grace. \n</p>\n<p>\n  \"It's not necessarily tied all specifically to movie theaters,\" said Jen Ripper, investment specialist in mortgage bonds at Penn Mutual Asset Management. \"In any given [bond] deal, a theater would tend to be pretty small in the big picture of a diversified conduit deal.\" \n</p>\n<p>\n  Even so, Ripper said movie theaters are worth \"keeping an eye on,\" particularly since it's unclear what, or how long, it will take to get movie seats filled at 2019 levels, or if that's even possible. \n</p>\n<p>\n  \"There's a lot of competition with streaming services,\" she said. \"But I do think people like to go to the movies for the experience. Star Wars fanatics will probably go to the theater.\" \n</p>\n<p>\n  And while empty shopping centers pose their own sets of problems for investors, Goodson sees added risk in owning mall property debt that has movie theaters in the mix. \n</p>\n<p>\n  \"We have to acknowledge that the consumer is still in the midst of a change in terms of the way we consume, whether that's services or goods or apparel,\" he said. \"We will forecast, generally, a lower recovery if the mall has a theater.\" \n</p>\n<p>\n  See also: The streaming wars have a winner -- in this real estate sector  \n</p>\n<p>\n  -Joy Wiltermuth; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  June 18, 2021 12:52 ET (16:52 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>","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, big movie chains are more than meme stocks to property bond investors</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, big movie chains are more than meme stocks to property bond investors\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\">2021-06-19 00:52</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW AMC, big movie chains are more than meme stocks to property bond investors\n</p>\n<p>\n  By Joy Wiltermuth \n</p>\n<p>\n  Can nostalgia save movie theaters? \n</p>\n<p>\n  \"Nowhere special. I always wanted to go there,\" said Gene Wilder's character  with setting \"the gold standard\" for the interracial buddy comedy \"with its over-the-top jabs at racism and Hollywood.\" \n</p>\n<p>\n  The appeal of going almost anywhere to escape home -- and extreme heat  scorching Western states  -- has deepened as more people in the U.S. get fully vaccinated for COVID. But a movie theater? Commercial property bond investors weren't always thrilled about the niche buildings even before the pandemic hit. \n</p>\n<p>\n  \"We didn't like movie theaters, generally to speak of, even pre-COVID,\" said Dave Goodson, Voya Investment Management's head of securitized investments, adding that upkeep can be expensive on the big, boxy buildings, even before thinking about what retrofits might be needed to attract another kind of tenant if a theater chain goes dark. \n</p>\n<p>\n  \"Uncertainty around the space, that's been accelerated with COVID,\" Goodson told MarketWatch. \"It forces us to be more cautious.\" \n</p>\n<p>\n  Roughly $34 billion worth of property loans have a movie theater operator as a top-five tenant, according to Trepp LLC, when looking at the broader $600 billion U.S. commercial mortgage bond market. \n</p>\n<p>\n  Trepp estimated that embattled AMC Entertainment Holdings Inc. <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a>, a popular meme stock, had the largest real estate footprint of 20 operators in the sector at 37%, followed by Regal Cinemas at 22% and Cinemark Holdings Inc. <a href=\"https://laohu8.com/S/CNK\">$(CNK)$</a>at 16%. \n</p>\n<p>\n  \"At AMC, we were within months or weeks of running out of cash five different times between April of 2020 and January of 2021,\" said chief executive Adam Aron on the company's May 6 first-quarter earnings call, while stressing that AMC's outlook has \"radically improved\" since, including as more theaters have reopened during the pandemic. \n</p>\n<p>\n  The cash-burning AMC reported raising about $2.95 billion of fresh capital through equity or debt offerings, as part of the earnings report, and receiving about $1.2 billion of landlord or creditor concessions. \n</p>\n<p>\n  Shares of  AMC were up 2.5% Friday and almost 3,000 on the year, while the S&amp;P 500 index  traded about 0.8% lower for the session, but up  9.2% so far in 2021. U.S. stock indexes mostly were set to book weekly declines  after the Federal Reserve offered a slightly more hawkish policy update on Wednesday, which also sent benchmark Treasury yields  tumbling. \n</p>\n<p>\n  AMC did not immediately respond to a request for comment for this article. \n</p>\n<p>\n  AMC boss Aron took to <a href=\"https://laohu8.com/S/TWTR\">Twitter</a>(TWTR) this week to urge shareholders to vote to approve the sale of 25 million new shares, roughly six months from now. \n</p>\n<p>\n</p>\n<p>\n  Aron has cultivated a splashy following  on social media with the meme-stock crowd, but as the former chief executive of Starwood Hotels &amp; Resorts also has deep experience in real estate and commercial property finance. \n</p>\n<p>\n  Wall Street has been a key financier for owners of shopping malls, hotels, office buildings and other types of commercial properties since the late 1990s, when the velocity of loans packaged into bond deals took off. \n</p>\n<p>\n  A typical commercial mortgage bond deal might reach $1 billion and include loans on roughly 70 buildings of various property types coast-to-coast, in theory, a feature that can help insulate investors from downturns that hit a specific region or asset class. \n</p>\n<p>\n  For bondholders, that also means movie theaters, while large tenants, often only serve as part of the tenant mix at most properties, including in the $34 billion of mortgage debt tied to AMC and similar chains, which could be a saving grace. \n</p>\n<p>\n  \"It's not necessarily tied all specifically to movie theaters,\" said Jen Ripper, investment specialist in mortgage bonds at Penn Mutual Asset Management. \"In any given [bond] deal, a theater would tend to be pretty small in the big picture of a diversified conduit deal.\" \n</p>\n<p>\n  Even so, Ripper said movie theaters are worth \"keeping an eye on,\" particularly since it's unclear what, or how long, it will take to get movie seats filled at 2019 levels, or if that's even possible. \n</p>\n<p>\n  \"There's a lot of competition with streaming services,\" she said. \"But I do think people like to go to the movies for the experience. Star Wars fanatics will probably go to the theater.\" \n</p>\n<p>\n  And while empty shopping centers pose their own sets of problems for investors, Goodson sees added risk in owning mall property debt that has movie theaters in the mix. \n</p>\n<p>\n  \"We have to acknowledge that the consumer is still in the midst of a change in terms of the way we consume, whether that's services or goods or apparel,\" he said. \"We will forecast, generally, a lower recovery if the mall has a theater.\" \n</p>\n<p>\n  See also: The streaming wars have a winner -- in this real estate sector  \n</p>\n<p>\n  -Joy Wiltermuth; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  June 18, 2021 12:52 ET (16:52 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter","CNK":"喜满客影城","AMC":"AMC院线","QNETCN":"纳斯达克中美互联网老虎指数"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144243772","content_text":"MW AMC, big movie chains are more than meme stocks to property bond investors\n\n\n  By Joy Wiltermuth \n\n\n  Can nostalgia save movie theaters? \n\n\n  \"Nowhere special. I always wanted to go there,\" said Gene Wilder's character  with setting \"the gold standard\" for the interracial buddy comedy \"with its over-the-top jabs at racism and Hollywood.\" \n\n\n  The appeal of going almost anywhere to escape home -- and extreme heat  scorching Western states  -- has deepened as more people in the U.S. get fully vaccinated for COVID. But a movie theater? Commercial property bond investors weren't always thrilled about the niche buildings even before the pandemic hit. \n\n\n  \"We didn't like movie theaters, generally to speak of, even pre-COVID,\" said Dave Goodson, Voya Investment Management's head of securitized investments, adding that upkeep can be expensive on the big, boxy buildings, even before thinking about what retrofits might be needed to attract another kind of tenant if a theater chain goes dark. \n\n\n  \"Uncertainty around the space, that's been accelerated with COVID,\" Goodson told MarketWatch. \"It forces us to be more cautious.\" \n\n\n  Roughly $34 billion worth of property loans have a movie theater operator as a top-five tenant, according to Trepp LLC, when looking at the broader $600 billion U.S. commercial mortgage bond market. \n\n\n  Trepp estimated that embattled AMC Entertainment Holdings Inc. $(AMC)$, a popular meme stock, had the largest real estate footprint of 20 operators in the sector at 37%, followed by Regal Cinemas at 22% and Cinemark Holdings Inc. $(CNK)$at 16%. \n\n\n  \"At AMC, we were within months or weeks of running out of cash five different times between April of 2020 and January of 2021,\" said chief executive Adam Aron on the company's May 6 first-quarter earnings call, while stressing that AMC's outlook has \"radically improved\" since, including as more theaters have reopened during the pandemic. \n\n\n  The cash-burning AMC reported raising about $2.95 billion of fresh capital through equity or debt offerings, as part of the earnings report, and receiving about $1.2 billion of landlord or creditor concessions. \n\n\n  Shares of  AMC were up 2.5% Friday and almost 3,000 on the year, while the S&P 500 index  traded about 0.8% lower for the session, but up  9.2% so far in 2021. U.S. stock indexes mostly were set to book weekly declines  after the Federal Reserve offered a slightly more hawkish policy update on Wednesday, which also sent benchmark Treasury yields  tumbling. \n\n\n  AMC did not immediately respond to a request for comment for this article. \n\n\n  AMC boss Aron took to Twitter(TWTR) this week to urge shareholders to vote to approve the sale of 25 million new shares, roughly six months from now. \n\n\n\n\n  Aron has cultivated a splashy following  on social media with the meme-stock crowd, but as the former chief executive of Starwood Hotels & Resorts also has deep experience in real estate and commercial property finance. \n\n\n  Wall Street has been a key financier for owners of shopping malls, hotels, office buildings and other types of commercial properties since the late 1990s, when the velocity of loans packaged into bond deals took off. \n\n\n  A typical commercial mortgage bond deal might reach $1 billion and include loans on roughly 70 buildings of various property types coast-to-coast, in theory, a feature that can help insulate investors from downturns that hit a specific region or asset class. \n\n\n  For bondholders, that also means movie theaters, while large tenants, often only serve as part of the tenant mix at most properties, including in the $34 billion of mortgage debt tied to AMC and similar chains, which could be a saving grace. \n\n\n  \"It's not necessarily tied all specifically to movie theaters,\" said Jen Ripper, investment specialist in mortgage bonds at Penn Mutual Asset Management. \"In any given [bond] deal, a theater would tend to be pretty small in the big picture of a diversified conduit deal.\" \n\n\n  Even so, Ripper said movie theaters are worth \"keeping an eye on,\" particularly since it's unclear what, or how long, it will take to get movie seats filled at 2019 levels, or if that's even possible. \n\n\n  \"There's a lot of competition with streaming services,\" she said. \"But I do think people like to go to the movies for the experience. Star Wars fanatics will probably go to the theater.\" \n\n\n  And while empty shopping centers pose their own sets of problems for investors, Goodson sees added risk in owning mall property debt that has movie theaters in the mix. \n\n\n  \"We have to acknowledge that the consumer is still in the midst of a change in terms of the way we consume, whether that's services or goods or apparel,\" he said. \"We will forecast, generally, a lower recovery if the mall has a theater.\" \n\n\n  See also: The streaming wars have a winner -- in this real estate sector  \n\n\n  -Joy Wiltermuth; 415-439-6400; AskNewswires@dowjones.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  June 18, 2021 12:52 ET (16:52 GMT)\n\n\n  Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":173,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161728625,"gmtCreate":1623941205567,"gmtModify":1703824174772,"author":{"id":"3578023888975147","authorId":"3578023888975147","name":"RomeoTan","avatar":"https://static.tigerbbs.com/89bbb07aea0b511b37eb9f1cd4db8820","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578023888975147","authorIdStr":"3578023888975147"},"themes":[],"htmlText":"Cool share&nbsp;","listText":"Cool share&nbsp;","text":"Cool share","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161728625","repostId":"1137716821","repostType":2,"isVote":1,"tweetType":1,"viewCount":183,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121687347,"gmtCreate":1624462042289,"gmtModify":1703837569220,"author":{"id":"3578023888975147","authorId":"3578023888975147","name":"RomeoTan","avatar":"https://static.tigerbbs.com/89bbb07aea0b511b37eb9f1cd4db8820","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578023888975147","authorIdStr":"3578023888975147"},"themes":[],"htmlText":"$$$","listText":"$$$","text":"$$$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121687347","repostId":"2145066431","repostType":2,"repost":{"id":"2145066431","kind":"highlight","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":1624429920,"share":"https://ttm.financial/m/news/2145066431?lang=&edition=fundamental","pubTime":"2021-06-23 14:32","market":"us","language":"en","title":"Why this Tesla taxi fleet won't be allowed to operate in NYC","url":"https://stock-news.laohu8.com/highlight/detail?id=2145066431","media":"Dow Jones","summary":"The Taxi and Limousine Commission blocked electric transit startup Revel from launching a fleet of 5","content":"<p>The Taxi and Limousine Commission blocked electric transit startup Revel from launching a fleet of 50 Model Y Tesla taxis</p>\n<p>New York's taxi regulator voted Tuesday to stop issuing new for-hire licenses for electric vehicles, snubbing a ride-share company that wanted to launch an all-Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> ride-sharing rival to Uber <a href=\"https://laohu8.com/S/UBER\">$(UBER)$</a> and Lyft <a href=\"https://laohu8.com/S/LYFT\">$(LYFT)$</a>.</p>\n<p>The five-to-<a href=\"https://laohu8.com/S/AONE\">one</a> vote by the Taxi and Limousine Commission blocks electric transit startup Revel from launching its fleet of 50 Model Y Tesla taxis without breaking city rules. The TLC argued that Revel can still operate if it buys 50 gas cars and swaps their licenses out for electric vehicles -- a requirement that Revel called \"the very definition of limiting market competition.\"</p>\n<p>\"It is not sustainable to allow an unlimited number of new vehicles to the road in a city that is all too familiar with the choke of traffic congestion,\" TLC Chair Aloysee Heredia Jarmoszuk said at Tuesday's meeting. \"What we will not allow is the opportunity for another corporation -- venture capitalists or otherwise -- to flood our streets with additional cars.\"</p>\n<p>The TLC's ruling came a day after it posted a bizarre notice saying that it had already voted to stop issuing electric vehicle licenses . The TLC said Monday that the notice was posted in accordance with city rules, but legal and transit experts told the Post that such notices don't typically use past-tense language, adding that it may have discouraged New Yorkers from weighing in at Tuesday's hearing.</p>\n<p>Revel CEO Frank Reig slammed the TLC's ban in a three-minute speech at the meeting, saying that in addition to its plan for environmentally friendly taxis, Revel offered its drivers fairer treatment than Uber and Lyft because it hired them as full-time employees.</p>\n<p>\"We're offering exactly what this commission has been asking for for years: fair treatment and stable pay for drivers -- who are all W-2 employees with benefits -- and a plan to drive EV adoption in the city,\" Reig said.</p>\n<p>Reig's company -- which has raised $31.6 million from backers including Toyota, according to Crunchbase -- griped that the TLC \"offered no evidence or analysis\" to support its move to end the electric vehicle exemption.</p>\n<p>\"The Commissioners sat through almost 3 hours of testimony on all sides yet asked zero questions and spent zero time deliberating before making a policy decision with profound consequences,\" Reig said in a statement. \"The TLC never intended to consider what drivers and New Yorkers had to say, and only cared about jamming through this vote on Primary Day with as little scrutiny as possible.\"</p>\n<p>Revel's plan would have been allowed under previous TLC rules, but shortly after Revel announced its plans to launch the Tesla service in April, TLC Chair Heredia Jarmoszuk said the agency planned to eliminate the electric vehicle exemption for ride-sharing licenses.</p>\n<p>Representatives of the New York Taxi Workers Alliance and several taxi drivers praised the TLC's rule change, while the Independent Drivers Guild and activist groups including the Sierra Club and Tristate Transportation Campaign blasted it, saying it would set back efforts to address climate change.</p>\n<p>The sole TLC commissioner to vote against the rule was Bill Aguado, an artist and activist who represents the Bronx. Commissioners Lauvienska Polanco and Nora Constance Marino were not present.</p>\n<p>Last week, asked if Revel would ignore a potential TLC decision against the company and launch its ride-share service anyway, Reig said the company will hit the streets.</p>\n<p>\"We are going to be on the streets because we know the law is completely on our side,\" he said. \"Never in Revel's history have we operated illegally.\"</p>\n<p>This story originally ran on NYPost.com.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why this Tesla taxi fleet won't be allowed to operate in NYC</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy this Tesla taxi fleet won't be allowed to operate in NYC\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\">2021-06-23 14:32</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>The Taxi and Limousine Commission blocked electric transit startup Revel from launching a fleet of 50 Model Y Tesla taxis</p>\n<p>New York's taxi regulator voted Tuesday to stop issuing new for-hire licenses for electric vehicles, snubbing a ride-share company that wanted to launch an all-Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> ride-sharing rival to Uber <a href=\"https://laohu8.com/S/UBER\">$(UBER)$</a> and Lyft <a href=\"https://laohu8.com/S/LYFT\">$(LYFT)$</a>.</p>\n<p>The five-to-<a href=\"https://laohu8.com/S/AONE\">one</a> vote by the Taxi and Limousine Commission blocks electric transit startup Revel from launching its fleet of 50 Model Y Tesla taxis without breaking city rules. The TLC argued that Revel can still operate if it buys 50 gas cars and swaps their licenses out for electric vehicles -- a requirement that Revel called \"the very definition of limiting market competition.\"</p>\n<p>\"It is not sustainable to allow an unlimited number of new vehicles to the road in a city that is all too familiar with the choke of traffic congestion,\" TLC Chair Aloysee Heredia Jarmoszuk said at Tuesday's meeting. \"What we will not allow is the opportunity for another corporation -- venture capitalists or otherwise -- to flood our streets with additional cars.\"</p>\n<p>The TLC's ruling came a day after it posted a bizarre notice saying that it had already voted to stop issuing electric vehicle licenses . The TLC said Monday that the notice was posted in accordance with city rules, but legal and transit experts told the Post that such notices don't typically use past-tense language, adding that it may have discouraged New Yorkers from weighing in at Tuesday's hearing.</p>\n<p>Revel CEO Frank Reig slammed the TLC's ban in a three-minute speech at the meeting, saying that in addition to its plan for environmentally friendly taxis, Revel offered its drivers fairer treatment than Uber and Lyft because it hired them as full-time employees.</p>\n<p>\"We're offering exactly what this commission has been asking for for years: fair treatment and stable pay for drivers -- who are all W-2 employees with benefits -- and a plan to drive EV adoption in the city,\" Reig said.</p>\n<p>Reig's company -- which has raised $31.6 million from backers including Toyota, according to Crunchbase -- griped that the TLC \"offered no evidence or analysis\" to support its move to end the electric vehicle exemption.</p>\n<p>\"The Commissioners sat through almost 3 hours of testimony on all sides yet asked zero questions and spent zero time deliberating before making a policy decision with profound consequences,\" Reig said in a statement. \"The TLC never intended to consider what drivers and New Yorkers had to say, and only cared about jamming through this vote on Primary Day with as little scrutiny as possible.\"</p>\n<p>Revel's plan would have been allowed under previous TLC rules, but shortly after Revel announced its plans to launch the Tesla service in April, TLC Chair Heredia Jarmoszuk said the agency planned to eliminate the electric vehicle exemption for ride-sharing licenses.</p>\n<p>Representatives of the New York Taxi Workers Alliance and several taxi drivers praised the TLC's rule change, while the Independent Drivers Guild and activist groups including the Sierra Club and Tristate Transportation Campaign blasted it, saying it would set back efforts to address climate change.</p>\n<p>The sole TLC commissioner to vote against the rule was Bill Aguado, an artist and activist who represents the Bronx. Commissioners Lauvienska Polanco and Nora Constance Marino were not present.</p>\n<p>Last week, asked if Revel would ignore a potential TLC decision against the company and launch its ride-share service anyway, Reig said the company will hit the streets.</p>\n<p>\"We are going to be on the streets because we know the law is completely on our side,\" he said. \"Never in Revel's history have we operated illegally.\"</p>\n<p>This story originally ran on NYPost.com.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145066431","content_text":"The Taxi and Limousine Commission blocked electric transit startup Revel from launching a fleet of 50 Model Y Tesla taxis\nNew York's taxi regulator voted Tuesday to stop issuing new for-hire licenses for electric vehicles, snubbing a ride-share company that wanted to launch an all-Tesla $(TSLA)$ ride-sharing rival to Uber $(UBER)$ and Lyft $(LYFT)$.\nThe five-to-one vote by the Taxi and Limousine Commission blocks electric transit startup Revel from launching its fleet of 50 Model Y Tesla taxis without breaking city rules. The TLC argued that Revel can still operate if it buys 50 gas cars and swaps their licenses out for electric vehicles -- a requirement that Revel called \"the very definition of limiting market competition.\"\n\"It is not sustainable to allow an unlimited number of new vehicles to the road in a city that is all too familiar with the choke of traffic congestion,\" TLC Chair Aloysee Heredia Jarmoszuk said at Tuesday's meeting. \"What we will not allow is the opportunity for another corporation -- venture capitalists or otherwise -- to flood our streets with additional cars.\"\nThe TLC's ruling came a day after it posted a bizarre notice saying that it had already voted to stop issuing electric vehicle licenses . The TLC said Monday that the notice was posted in accordance with city rules, but legal and transit experts told the Post that such notices don't typically use past-tense language, adding that it may have discouraged New Yorkers from weighing in at Tuesday's hearing.\nRevel CEO Frank Reig slammed the TLC's ban in a three-minute speech at the meeting, saying that in addition to its plan for environmentally friendly taxis, Revel offered its drivers fairer treatment than Uber and Lyft because it hired them as full-time employees.\n\"We're offering exactly what this commission has been asking for for years: fair treatment and stable pay for drivers -- who are all W-2 employees with benefits -- and a plan to drive EV adoption in the city,\" Reig said.\nReig's company -- which has raised $31.6 million from backers including Toyota, according to Crunchbase -- griped that the TLC \"offered no evidence or analysis\" to support its move to end the electric vehicle exemption.\n\"The Commissioners sat through almost 3 hours of testimony on all sides yet asked zero questions and spent zero time deliberating before making a policy decision with profound consequences,\" Reig said in a statement. \"The TLC never intended to consider what drivers and New Yorkers had to say, and only cared about jamming through this vote on Primary Day with as little scrutiny as possible.\"\nRevel's plan would have been allowed under previous TLC rules, but shortly after Revel announced its plans to launch the Tesla service in April, TLC Chair Heredia Jarmoszuk said the agency planned to eliminate the electric vehicle exemption for ride-sharing licenses.\nRepresentatives of the New York Taxi Workers Alliance and several taxi drivers praised the TLC's rule change, while the Independent Drivers Guild and activist groups including the Sierra Club and Tristate Transportation Campaign blasted it, saying it would set back efforts to address climate change.\nThe sole TLC commissioner to vote against the rule was Bill Aguado, an artist and activist who represents the Bronx. Commissioners Lauvienska Polanco and Nora Constance Marino were not present.\nLast week, asked if Revel would ignore a potential TLC decision against the company and launch its ride-share service anyway, Reig said the company will hit the streets.\n\"We are going to be on the streets because we know the law is completely on our side,\" he said. \"Never in Revel's history have we operated illegally.\"\nThis story originally ran on NYPost.com.","news_type":1},"isVote":1,"tweetType":1,"viewCount":195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129173764,"gmtCreate":1624367424458,"gmtModify":1703834515894,"author":{"id":"3578023888975147","authorId":"3578023888975147","name":"RomeoTan","avatar":"https://static.tigerbbs.com/89bbb07aea0b511b37eb9f1cd4db8820","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578023888975147","authorIdStr":"3578023888975147"},"themes":[],"htmlText":"Noooooooooo","listText":"Noooooooooo","text":"Noooooooooo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129173764","repostId":"1144845444","repostType":4,"repost":{"id":"1144845444","kind":"news","pubTimestamp":1624365149,"share":"https://ttm.financial/m/news/1144845444?lang=&edition=fundamental","pubTime":"2021-06-22 20:32","market":"us","language":"en","title":"Bitcoin crashes through $30K as cryptocurrency selloff picks up steam","url":"https://stock-news.laohu8.com/highlight/detail?id=1144845444","media":"seekingalpha","summary":"Down more than 7% today to $30.1K, bitcoin (BTC-USD) is among the better performers in a continued b","content":"<p>Down more than 7%&nbsp;today to $30.1K, bitcoin (BTC-USD) is among the better performers in a continued broad-based liquidation in thecryptocurrency world. Ether (ETH-USD) isdown 6%, but pretty much everything else is lower by double-digits.</p>\n<p><img src=\"https://static.tigerbbs.com/8989f738106461fb7ea849ed42de1ff4\" tg-width=\"1062\" tg-height=\"730\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Updated at 8:30 AM ET:</b>Bitcoin has plunged below $30K, now trading at $29.7K. Other names getting hit premarket include: Coinbase(NASDAQ:COIN), Canaan(NASDAQ:CAN), Bitfarms(NASDAQ:BITF), Grayscale Bitcoin Trust(OTC:GBTC).</p>\n<p>Dogecoin (DOGE-USD) is&nbsp;down 21%, Binance Coin (BNB-USD)&nbsp;-16%, Cardano (ADA-USD)&nbsp;-16%.</p>\n<p>To get an idea of the excesses that still need to come out of the crypto market, consider Dogecoin - a crypto of no value, no matter how many times Elon Musk tweets about it. At $0.18, it's off about 75% from an all-time high hit a couple of months ago, but still up several hundred times from late last year. Its market cap is $23.6B.</p>\n<p>In a crashing bubble, any news will do, and this week it's thegrowing crackdown coming out of Beijing, with bitcoin miners in China reportedly being forced to shut down operations, and the PBOC ordering banks to stop dealing in crypto.</p>\n<p>Bulls point out that minerswill simply migrate tofriendlier locales (including places like Texas and Florida which are opening the welcome gates). It's a good argument for the long-term case, but in the short-term, the price direction remains down.</p>\n<p>Among crypto names sharply lower premarket: Microstrategy(NASDAQ:MSTR), Riot Blockchain(NASDAQ:RIOT), Marathon Digital(NASDAQ:MARA).</p>\n<p><img src=\"https://static.tigerbbs.com/b0fcd8e9e34affbdce3f7d882d7084fb\" tg-width=\"285\" tg-height=\"361\" referrerpolicy=\"no-referrer\"></p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin crashes through $30K as cryptocurrency selloff picks up steam</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\">\nBitcoin crashes through $30K as cryptocurrency selloff picks up steam\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 20:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3708613-bitcoin-barely-holding-above-30k-as-cryptocurrency-selloff-picks-up-steam><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Down more than 7% today to $30.1K, bitcoin (BTC-USD) is among the better performers in a continued broad-based liquidation in thecryptocurrency world. Ether (ETH-USD) isdown 6%, but pretty much ...</p>\n\n<a href=\"https://seekingalpha.com/news/3708613-bitcoin-barely-holding-above-30k-as-cryptocurrency-selloff-picks-up-steam\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust","COIN":"Coinbase Global, Inc."},"source_url":"https://seekingalpha.com/news/3708613-bitcoin-barely-holding-above-30k-as-cryptocurrency-selloff-picks-up-steam","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144845444","content_text":"Down more than 7% today to $30.1K, bitcoin (BTC-USD) is among the better performers in a continued broad-based liquidation in thecryptocurrency world. Ether (ETH-USD) isdown 6%, but pretty much everything else is lower by double-digits.\n\nUpdated at 8:30 AM ET:Bitcoin has plunged below $30K, now trading at $29.7K. Other names getting hit premarket include: Coinbase(NASDAQ:COIN), Canaan(NASDAQ:CAN), Bitfarms(NASDAQ:BITF), Grayscale Bitcoin Trust(OTC:GBTC).\nDogecoin (DOGE-USD) is down 21%, Binance Coin (BNB-USD) -16%, Cardano (ADA-USD) -16%.\nTo get an idea of the excesses that still need to come out of the crypto market, consider Dogecoin - a crypto of no value, no matter how many times Elon Musk tweets about it. At $0.18, it's off about 75% from an all-time high hit a couple of months ago, but still up several hundred times from late last year. Its market cap is $23.6B.\nIn a crashing bubble, any news will do, and this week it's thegrowing crackdown coming out of Beijing, with bitcoin miners in China reportedly being forced to shut down operations, and the PBOC ordering banks to stop dealing in crypto.\nBulls point out that minerswill simply migrate tofriendlier locales (including places like Texas and Florida which are opening the welcome gates). It's a good argument for the long-term case, but in the short-term, the price direction remains down.\nAmong crypto names sharply lower premarket: Microstrategy(NASDAQ:MSTR), Riot Blockchain(NASDAQ:RIOT), Marathon Digital(NASDAQ:MARA).","news_type":1},"isVote":1,"tweetType":1,"viewCount":116,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}