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2021-05-06

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Dow opens slightly higher after notching record close, S&P 500 is flat

2021-04-08

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Jim Cramer says Walmart is among the stocks that will do well in a ‘hybrid world’

2021-04-22

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Intel Reports Earnings Thursday. Here’s What to Know.

2021-04-21

IPO

UiPath IPO: 5 things to know about the 'software robots' company valued at nearly $30 billion

2021-03-20

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Facebook rose more than 4%

2021-03-18

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Yields Jump, Tech Declines Amid Dot Plot Anxiety: Markets Wrap

2021-05-31

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2 Deeply Discounted Dividend Stocks to Buy and Hold Right Now

2021-04-27

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U.S. auto dealers are winners as chip shortage lifts vehicle profits

2021-04-17

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Bionano Genomics fell about 10% in Friday morning trading

2021-03-18

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Apollo SPAC and Vista Halt $15 Billion Merger Talks

2021-03-11

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Toplines Before US Market Open on Thursday

2021-06-02

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How Much Is Coinbase Worth?

2021-04-25

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Churchill Capital IV Stock Is Being Pushed Down by Short-Sellers

2021-04-20

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2021-04-12

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Is Bitcoin Displacing Gold As An Inflation Hedge?

2021-03-25

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Apple Stock: At What Price Should You Buy?

2021-03-15

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The tech-heavy Nasdaq has underperformed the Dow for four straight weeks — a first since 2016

2021-08-26

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4 Growth Stocks With 116% to 247% Upside, According to Wall Street

2021-04-24

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‘Black Swan’ author calls bitcoin a ‘gimmick’ and a ‘game,’ says it resembles a Ponzi scheme

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It's been over nine months since the benchmark <b>S&amp;P 500</b> underwent even a 5% correction. Panning out a bit further, the widely followed index has doubled since hitting its bear-market low on March 23, 2020.</p>\n<p>Yet, even with the stock market mowing down record highs on a regular basis this year, Wall Street still sees value in a number of growth stocks. Based on the highest price target issued by a Wall Street analyst or investment bank, the following four growth stocks could deliver gains ranging from 116% to as much as 247%.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F640299%2Fbull-market-rising-stock-chart-economy-bear-newspaper-getty.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"525\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>Tesla Motors: Implied upside of 134%</h2>\n<p>Few stocks are as polarizing on Wall Street, from the perspective of price targets, than electric vehicle (EV) company <b>Tesla Motors</b> (NASDAQ:TSLA). Whereas <a href=\"https://laohu8.com/S/AONE.U\">one</a> analyst foresees approximately 90% downside in shares of the company, another believes Tesla could \"motor\" its way to $1,591 a share. This would represent 134% upside from where the company ended this past week.</p>\n<p>On one hand, Tesla has clear-cut advantages that are driving it forward. For instance, its battery technology offers more capacity, range, and power than competing EV manufacturers. Tesla has also built itself from the ground up to mass production. Based on its second-quarter deliveries of 201,250, the company looks to be on its way to topping 1 million annual deliveries by as soon as next year.&nbsp; Finally, don't overlook that Tesla has visionary Elon Musk as its CEO.</p>\n<p>On the other hand, it's unlikely that Tesla will be able to hang onto its competitive edges over the long run, with auto stocks like <b>Ford Motor Company</b>&nbsp;and <b>General Motors</b>&nbsp;respectively investing $30 billion and $35 billion through mid-decade in EVs and related technology. Both companies plan to respectively launch 30 new EVs globally by 2025.</p>\n<p>Perhaps the biggest concern is that Tesla hadn't generated a true operating profit until the latest quarter. Though it's been profitable for more than a year, the company had relied on selling renewable energy credits and one-time asset sales (e.g., <b>Bitcoin</b>) to generate a profit. If Tesla is ever going to hit $1,591 a share, its EV sales, not one-time benefits, will have to do the talking.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F640299%2Fmarijuana-cannabis-oil-pot-weed-leaf-drug-medical-getty.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"568\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>Green Thumb Industries: Implied upside of 116%</h2>\n<p>Wall Street also sees U.S. marijuana stocks budding over the coming year. In particular, one Wall Street analyst believes multistate operator (MSO) <b>Green Thumb Industries</b> (OTC:GTBIF) can rally to north of $61 a share, which would equate to 116% implied upside.</p>\n<p>The great thing for U.S. MSOs is that they don't need federal reform to thrive. We've watched 36 states legalize cannabis in some capacity, which is providing more than enough of a growth opportunity for MSOs and ancillary players to succeed. By mid-decade, <a href=\"https://laohu8.com/S/NFC.U\">New Frontier</a> Data is predicting that the U.S. weed industry could bring in $41.5 billion in annual sales.</p>\n<p>Green Thumb currently has 62 operating dispensaries, with 111 total retail licenses in its back pocket and a presence in 14 states. This is a company that's been picky about its expansion and has generally focused on either high-dollar states or markets protected by limited license issuance. In Illinois, for instance, the number of retail licenses issued, in total and to a single business, is capped. This should give Green Thumb a good opportunity to gobble up market share in a billion-dollar market.</p>\n<p>But the best aspect of Green Thumb is arguably its product mix. A majority of the company's sales come from derivatives, such as vapes, edibles, and infused beverages. Since derivatives generate higher margins than dried cannabis flower and are less likely to face supply issues, they're the reason Green Thumb has been profitable on a recurring basis for the past year. In other words, Wall Street's most aggressive price target may become a reality.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/69c8d46ab082fe9b933b958f3354a003\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>Skillz: Implied upside of 138%</h2>\n<p>Another high-growth stock at least one Wall Street analyst believes could soar is mobile gaming platform <b>Skillz</b> (NYSE:SKLZ). With a high-water price target of $25, the implication is that Skillz could return up to 138% for its shareholders over the next year.</p>\n<p>To be upfront, Skillz has performed very poorly of late. It's lost more than three-quarters of its value since early February, which is a reflection of the company's operating losses expanding. Skillz has been increasing its headcount, marketing to expand its reach, and making acquisitions. This all points to ongoing operating losses for the foreseeable future.</p>\n<p>However, there's no denying the potential for this company, either. During the first quarter, approximately 17% of its monthly active users were paying to play on its platform, which is substantially higher than the industry conversion average of around 2%. Furthermore, with Skillz acting as a middleman platform for gamers, its ongoing operating expenses (aside from marketing) are quite low. As a result, it's been consistently generating a gross margin of 95%.</p>\n<p>Probably the most exciting thing for Skillz is the multiyear agreement it signed with the National Football League (NFL) in February. Football is the most popular sport in the United States. The expectation is that NFL-themed games will hit its platform in 2022, which could bring in a number of new users and partnerships.</p>\n<p>While I do believe a $25 price target is possible, investors will need to exercise patience as Skillz focuses on expanding its brand.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F640299%2Fbiotech-lab-researcher-examining-test-tube-getty.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>Exelixis: Implied upside of 247%</h2>\n<p>But the crème de la crème of potential upside comes from biotech stock <b>Exelixis</b> (NASDAQ:EXEL). With investment firm HC Wainwright recently anointing Exelixis with a $64 price target, the implied upside for shareholders is an insane 247%, based on where it closed last week. In fact, Exelixis' share price is currently below all 13 issued Wall Street price targets.</p>\n<p>If you're looking for a reason behind Exelixis' relative \"cheapness\" to Wall Street's price targets, the company's late-June interim data release from the Cosmic-312 study holds the answer. While the ongoing phase 3 study of Exelixis' leading cancer drug, Cabometyx, in combination with atezolizumab demonstrated a statistically significant improvement in progression-free survival for previously untreated liver cancer patients, the data looked unlikely to produce a statistically significant survival benefit.</p>\n<p>Although this might sound like a disappointment, it's par for the course when developing cancer drugs. Thus far, Cabometyx has been approved as a treatment for first- and second-line renal cell carcinoma (RCC) and advanced hepatocellular carcinoma. These indications alone should push its annual sales past $1 billion in 2022.</p>\n<p>However, Cabometyx is being examined in around six dozen additional studies as a monotherapy or combination treatment. If even a handful of these trials succeed, label expansion opportunities could send Exelixis markedly higher. It's worth pointing out that one of these studies, CheckMate-9ER, already led the Food and Drug Administration to approve the combination of Cabometyx and <b>Bristol Myers Squibb</b>'s cancer immunotherapy Opdivo as a treatment for first-line RCC.</p>\n<p>With a hearty cash pile and plenty of long-term momentum for Cabometyx, Exelixis looks incredibly cheap. I'm not certain that $64 is in the cards, but higher than where it currently sits is the direction it's likely headed.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>4 Growth Stocks With 116% to 247% Upside, According to Wall Street</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n4 Growth Stocks With 116% to 247% Upside, According to Wall Street\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-26 21:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/26/4-growth-stocks-with-116-to-247-upside-wall-street/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Patience has paid off handsomely for investors in 2021. It's been over nine months since the benchmark S&P 500 underwent even a 5% correction. Panning out a bit further, the widely followed index has ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/26/4-growth-stocks-with-116-to-247-upside-wall-street/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SKLZ":"Skillz Inc","GTBIF":"Green Thumb Industries Inc.","TSLA":"特斯拉","EXEL":"伊克力西斯"},"source_url":"https://www.fool.com/investing/2021/08/26/4-growth-stocks-with-116-to-247-upside-wall-street/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2162931260","content_text":"Patience has paid off handsomely for investors in 2021. It's been over nine months since the benchmark S&P 500 underwent even a 5% correction. Panning out a bit further, the widely followed index has doubled since hitting its bear-market low on March 23, 2020.\nYet, even with the stock market mowing down record highs on a regular basis this year, Wall Street still sees value in a number of growth stocks. Based on the highest price target issued by a Wall Street analyst or investment bank, the following four growth stocks could deliver gains ranging from 116% to as much as 247%.\nImage source: Getty Images.\nTesla Motors: Implied upside of 134%\nFew stocks are as polarizing on Wall Street, from the perspective of price targets, than electric vehicle (EV) company Tesla Motors (NASDAQ:TSLA). Whereas one analyst foresees approximately 90% downside in shares of the company, another believes Tesla could \"motor\" its way to $1,591 a share. This would represent 134% upside from where the company ended this past week.\nOn one hand, Tesla has clear-cut advantages that are driving it forward. For instance, its battery technology offers more capacity, range, and power than competing EV manufacturers. Tesla has also built itself from the ground up to mass production. Based on its second-quarter deliveries of 201,250, the company looks to be on its way to topping 1 million annual deliveries by as soon as next year.  Finally, don't overlook that Tesla has visionary Elon Musk as its CEO.\nOn the other hand, it's unlikely that Tesla will be able to hang onto its competitive edges over the long run, with auto stocks like Ford Motor Company and General Motors respectively investing $30 billion and $35 billion through mid-decade in EVs and related technology. Both companies plan to respectively launch 30 new EVs globally by 2025.\nPerhaps the biggest concern is that Tesla hadn't generated a true operating profit until the latest quarter. Though it's been profitable for more than a year, the company had relied on selling renewable energy credits and one-time asset sales (e.g., Bitcoin) to generate a profit. If Tesla is ever going to hit $1,591 a share, its EV sales, not one-time benefits, will have to do the talking.\nImage source: Getty Images.\nGreen Thumb Industries: Implied upside of 116%\nWall Street also sees U.S. marijuana stocks budding over the coming year. In particular, one Wall Street analyst believes multistate operator (MSO) Green Thumb Industries (OTC:GTBIF) can rally to north of $61 a share, which would equate to 116% implied upside.\nThe great thing for U.S. MSOs is that they don't need federal reform to thrive. We've watched 36 states legalize cannabis in some capacity, which is providing more than enough of a growth opportunity for MSOs and ancillary players to succeed. By mid-decade, New Frontier Data is predicting that the U.S. weed industry could bring in $41.5 billion in annual sales.\nGreen Thumb currently has 62 operating dispensaries, with 111 total retail licenses in its back pocket and a presence in 14 states. This is a company that's been picky about its expansion and has generally focused on either high-dollar states or markets protected by limited license issuance. In Illinois, for instance, the number of retail licenses issued, in total and to a single business, is capped. This should give Green Thumb a good opportunity to gobble up market share in a billion-dollar market.\nBut the best aspect of Green Thumb is arguably its product mix. A majority of the company's sales come from derivatives, such as vapes, edibles, and infused beverages. Since derivatives generate higher margins than dried cannabis flower and are less likely to face supply issues, they're the reason Green Thumb has been profitable on a recurring basis for the past year. In other words, Wall Street's most aggressive price target may become a reality.\nImage source: Getty Images.\nSkillz: Implied upside of 138%\nAnother high-growth stock at least one Wall Street analyst believes could soar is mobile gaming platform Skillz (NYSE:SKLZ). With a high-water price target of $25, the implication is that Skillz could return up to 138% for its shareholders over the next year.\nTo be upfront, Skillz has performed very poorly of late. It's lost more than three-quarters of its value since early February, which is a reflection of the company's operating losses expanding. Skillz has been increasing its headcount, marketing to expand its reach, and making acquisitions. This all points to ongoing operating losses for the foreseeable future.\nHowever, there's no denying the potential for this company, either. During the first quarter, approximately 17% of its monthly active users were paying to play on its platform, which is substantially higher than the industry conversion average of around 2%. Furthermore, with Skillz acting as a middleman platform for gamers, its ongoing operating expenses (aside from marketing) are quite low. As a result, it's been consistently generating a gross margin of 95%.\nProbably the most exciting thing for Skillz is the multiyear agreement it signed with the National Football League (NFL) in February. Football is the most popular sport in the United States. The expectation is that NFL-themed games will hit its platform in 2022, which could bring in a number of new users and partnerships.\nWhile I do believe a $25 price target is possible, investors will need to exercise patience as Skillz focuses on expanding its brand.\nImage source: Getty Images.\nExelixis: Implied upside of 247%\nBut the crème de la crème of potential upside comes from biotech stock Exelixis (NASDAQ:EXEL). With investment firm HC Wainwright recently anointing Exelixis with a $64 price target, the implied upside for shareholders is an insane 247%, based on where it closed last week. In fact, Exelixis' share price is currently below all 13 issued Wall Street price targets.\nIf you're looking for a reason behind Exelixis' relative \"cheapness\" to Wall Street's price targets, the company's late-June interim data release from the Cosmic-312 study holds the answer. While the ongoing phase 3 study of Exelixis' leading cancer drug, Cabometyx, in combination with atezolizumab demonstrated a statistically significant improvement in progression-free survival for previously untreated liver cancer patients, the data looked unlikely to produce a statistically significant survival benefit.\nAlthough this might sound like a disappointment, it's par for the course when developing cancer drugs. Thus far, Cabometyx has been approved as a treatment for first- and second-line renal cell carcinoma (RCC) and advanced hepatocellular carcinoma. These indications alone should push its annual sales past $1 billion in 2022.\nHowever, Cabometyx is being examined in around six dozen additional studies as a monotherapy or combination treatment. If even a handful of these trials succeed, label expansion opportunities could send Exelixis markedly higher. It's worth pointing out that one of these studies, CheckMate-9ER, already led the Food and Drug Administration to approve the combination of Cabometyx and Bristol Myers Squibb's cancer immunotherapy Opdivo as a treatment for first-line RCC.\nWith a hearty cash pile and plenty of long-term momentum for Cabometyx, Exelixis looks incredibly cheap. I'm not certain that $64 is in the cards, but higher than where it currently sits is the direction it's likely headed.","news_type":1},"isVote":1,"tweetType":1,"viewCount":594,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":111065270,"gmtCreate":1622644918390,"gmtModify":1704188006538,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/111065270","repostId":"1133890180","repostType":2,"repost":{"id":"1133890180","pubTimestamp":1622468284,"share":"https://ttm.financial/m/news/1133890180?lang=&edition=fundamental","pubTime":"2021-05-31 21:38","market":"us","language":"en","title":"How Much Is Coinbase Worth?","url":"https://stock-news.laohu8.com/highlight/detail?id=1133890180","media":"seekingalpha","summary":"Summary\n\nCOIN is a leading cryptocurrency infrastructure company.\nCOIN is investing aggressively in ","content":"<p><b>Summary</b></p>\n<ul>\n <li>COIN is a leading cryptocurrency infrastructure company.</li>\n <li>COIN is investing aggressively in cryptocurrency innovation in order to reduce dependency on its no-moat crypto trading fee business.</li>\n <li>What are COIN shares worth today? We detail our full valuation model.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e9c9e391ae4abc39a8e464c026fc0b0d\" tg-width=\"1536\" tg-height=\"1024\"><span>Photo by Movus/iStock Editorial via Getty Images</span></p>\n<p>As we detailed in our full investment thesis&nbsp;<i>Forget Bitcoin - 5 Reasons To Buy Coinbase Instead</i>, Coinbase(NASDAQ:COIN)&nbsp;is a leading cryptocurrency infrastructure company that is investing aggressively in cryptocurrency innovation in order to reduce dependency on its no-moat crypto trading fee business.</p>\n<p>What are COIN shares worth today? In the following sections, we will attempt to give an estimate.</p>\n<p><b>#1. Qualitative Analysis</b></p>\n<p>In order to provide the proper context for our quantitative assumptions and analysis we will briefly outline our qualitative appraisal of the company here.</p>\n<p><b>Diversified</b></p>\n<p>COIN is not solely dependent on the fate of any single cryptocurrency as it deals in over 100 cryptocurrencies on its platform. Furthermore, it is not confined to simply profiting off of cryptocurrency trading fees.</p>\n<p>While it is true that its cryptocurrency trading platform benefits from a large network effect and early-mover status, there is no lasting moat here given that competition is plentiful and growing and the retail investing crowd typically cares more about fees than anything else, making it a highly commoditized service.</p>\n<p>COIN's management sees this trend forming and realizes that it cannot maintain its fat 60.2% EBITDA margins forever by simply relying on transaction fees. Therefore it is investing aggressively to&nbsp;diversify into ancillary businesses&nbsp;like cryptocurrency rewards credit card through a partnership with Visa (V),Coinbase Prime&nbsp;(a prime brokerage product for custody, advanced trading, data analytics, and prime services targeting institutional and corporate investors), cybersecurity services tailored to blockchain and cryptocurrency, and loans and deposit accounts. In fact, within 5 years they expect to derive&nbsp;the majority of their revenue&nbsp;from outside of transaction fees.</p>\n<p><b>Profitable</b></p>\n<p>Even though its cryptocurrency transaction business may not have much of a moat and we do not expect its fat margins to be sustainable, it is current wildly profitable as returns on invested capital were a whopping 48.4% over the past twelve months and the company is expected to generate $8.41 in normalized earnings per share this year.</p>\n<p>As a result of their profitable business, they have a net cash position and nearly $2 billion in cash on their balance sheet, giving them plenty of dry powder to not only avoid financial distress but also continue to invest opportunistically in growing into ancillary businesses.</p>\n<p><b>Not Directly Correlated to the Bitcoin (BTC-USD) Price</b></p>\n<p>Given that COIN profits from transaction fees and ancillary services, its revenues are not directly tied to the price of Bitcoin or other cryptocurrencies. Instead, they are more closely tied to the volume of transactions and other uses of cryptocurrencies. As a result, they tend to rack up large profits when cryptocurrencies are either on a strong bull run or in a fierce downturn.</p>\n<p><b>Massive Growth Potential</b></p>\n<p>Last, but not least, we expect COIN to grow significantly in the years to come, provided that cryptocurrencies and blockchain technology continue their strong growth trajectory.</p>\n<p>Between their strong crypto and software brain trust, their stakes in numerous cryptocurrency and blockchain startups which are developing innovative products and services using the technology, and their massive growth runway from their current 50 million users to an estimated 1 billion potential customers, they could very well enjoy an exponential growth trajectory.</p>\n<p>We are particularly bullish on their institutional investor services business potential, which should help them more than offset expected tightening margins in their retail exchange business.</p>\n<p><b>#2. Quantitative Analysis</b></p>\n<p>While all this sounds great, the main question remains: what is COIN worth?</p>\n<p>The company is currently appraised by Mr. Market to be worth an Enterprise Value of $50.8 billion and is expected to generate ~$6.3 billion in revenue in 2021 followed by $5.9 billion in 2022. The EBITDA margin is expected to be 47.7% in 2021 and then decline to 39.2% in 2022 on declining revenue and increased competition in the exchange business.</p>\n<p>While these estimates are nice, if not useful to some extent, COIN's revenue and profitability are extremely hard to predict in any given year due to the asset-light nature of the business and its heavy dependence on exchange volume in an immature and rapidly evolving asset class.</p>\n<p>That said, a few things we are quite confident in are that:</p>\n<ol>\n <li>Exchange business margins will compress meaningfully in the years to come.</li>\n <li>COIN will continue to diversify rapidly away from its exchange business into ancillary businesses and within the next half decade these alternative sources of revenue should combine to exceed its exchange business revenue.</li>\n <li>COIN will remain profitable and a leader in the cryptocurrency/blockchain tech and services space given its financial and personnel resources and sector-leading scale and early-mover advantage.</li>\n <li>Blockchain technology is here to stay with many valuable applications and cryptocurrencies of some sort will likely also continue to grow in popularity and acceptance.</li>\n</ol>\n<p>Given these assumptions, here are a few possible scenarios and potential corresponding valuations for COIN:</p>\n<p><b>Model #1: \"Bear\" Case</b></p>\n<p>COIN struggles to deliver on its innovations and misses its target of generating the majority of its revenue outside of its exchange business within 5 years and/or cryptocurrencies run into major regulatory headwinds that lead to weak institutional adoption. As a result, retail investor demand also fizzles out and their exchange business also weakens considerably. In such a combination of scenarios, COIN is clearly dramatically overvalued at present and - while it likely will not go bankrupt given the utility of blockchain technology, their strong balance sheet, and the likelihood that some lingering demand will always exist for cryptocurrencies - investors at today's prices will be set up for dramatic losses.</p>\n<p><b>Model #2: \"Bull\" Case</b></p>\n<p>COIN's innovations take off as their startup investments reap significant rewards and their institutional business grows exponentially as broad institutional adoption of cryptocurrencies results in strong demand for secure storage and other services and products that COIN is in a highly competitive position to offer.</p>\n<p>Furthermore, this strong institutional demand provides rocket fuel to cryptocurrency prices, driving Bitcoin pricing into the hundreds of thousands of dollars and Ethereum (ETH-USD) pricing into the tends of thousands of dollars. Retail demand also then becomes even stronger as more and more participants enter the market and the fear of missing out drives people to put more and more of their wealth into crypto assets. This surge in demand will offset the heavy competition and COIN - as a major player in the exchange business - will see such strong demand that its margins will not compress as much as originally thought and revenue growth will lead to strong profit growth.</p>\n<p>In such a scenario, we expect annual exchange revenue to more than triple from 2021 levels by 2026 to hit $18 billion and net profit margins will only decline to ~25% ($4.5 billion in net profit from the exchange business).</p>\n<p>Meanwhile, their ancillary businesses will explode to consume 60% of their total revenue by 2026 at $27 billion and profit margins in these lucrative businesses will be ~45% ($12.2 billion in net profit from ancillary businesses). As a result, their total net income in 2026 will be ~$16.7 billion. Given their strength and growth, we assume a 20x multiple for the exchange business and a 35x multiple for the ancillary businesses, giving us a bull case valuation of $517 billion. That would represent a whopping 10x from current levels or a ~160% CAGR over the next half decade from current share prices.</p>\n<p><b>Model #3: \"Base\" Case</b></p>\n<p>COIN hits its target of generating the majority of its revenue outside of its exchange business within 5 years. We assume that exchange net income margins will decline significantly from their current levels to ~19% and revenue remains flat in that business as growth roughly offsets reduced fees. Meanwhile, however, ancillary businesses enjoy fat 40% net income margins due to COIN's technological advantages, asset-light business models, and economies of scale and revenues from these businesses are roughly 55% of their total revenue. As a result, we estimate 2026 revenue coming in at ~$14 billion and exchange net income at $1.2 billion and ancillary business net income coming in at $3.1 billion.</p>\n<p>We would conservatively value the exchange business at 15x net income and the ancillary business at 25x net income, resulting in an estimated value of $95.5 billion, or an 88% increase in valuation over 5 years. This would lead to a CAGR of 13.5% from current share price and make the stock an attractive buy here.</p>\n<p><b>Investor Takeaway</b></p>\n<p>As you can see from our models, valuing COIN is very challenging right now and the potential outcomes range from massive losses in a bear case scenario to enormous gains in a bull scenario. Our base case - based on a mildly bullish outlook for cryptocurrencies and their ancillary business investments, a realistically slightly bearish outlook for their exchange business, and conservative valuation multiple assumptions - indicates that COIN could be an attractive buy at present.</p>\n<p>While our current fair value estimate is ~$300 a share and implies meaningful upside from the current share price of ~$240, investors need to acknowledge that this is a highly speculative estimate at this point and that the thesis hinges primarily on their outlook for the growth of institutional cryptocurrency adoption rather than on internal factors at COIN. As a result, we rate COIN a speculative buy.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How Much Is Coinbase Worth?</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\">\nHow Much Is Coinbase Worth?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-31 21:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4432066-how-much-is-coinbase-worth><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nCOIN is a leading cryptocurrency infrastructure company.\nCOIN is investing aggressively in cryptocurrency innovation in order to reduce dependency on its no-moat crypto trading fee business.\n...</p>\n\n<a href=\"https://seekingalpha.com/article/4432066-how-much-is-coinbase-worth\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://seekingalpha.com/article/4432066-how-much-is-coinbase-worth","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1133890180","content_text":"Summary\n\nCOIN is a leading cryptocurrency infrastructure company.\nCOIN is investing aggressively in cryptocurrency innovation in order to reduce dependency on its no-moat crypto trading fee business.\nWhat are COIN shares worth today? We detail our full valuation model.\n\nPhoto by Movus/iStock Editorial via Getty Images\nAs we detailed in our full investment thesis Forget Bitcoin - 5 Reasons To Buy Coinbase Instead, Coinbase(NASDAQ:COIN) is a leading cryptocurrency infrastructure company that is investing aggressively in cryptocurrency innovation in order to reduce dependency on its no-moat crypto trading fee business.\nWhat are COIN shares worth today? In the following sections, we will attempt to give an estimate.\n#1. Qualitative Analysis\nIn order to provide the proper context for our quantitative assumptions and analysis we will briefly outline our qualitative appraisal of the company here.\nDiversified\nCOIN is not solely dependent on the fate of any single cryptocurrency as it deals in over 100 cryptocurrencies on its platform. Furthermore, it is not confined to simply profiting off of cryptocurrency trading fees.\nWhile it is true that its cryptocurrency trading platform benefits from a large network effect and early-mover status, there is no lasting moat here given that competition is plentiful and growing and the retail investing crowd typically cares more about fees than anything else, making it a highly commoditized service.\nCOIN's management sees this trend forming and realizes that it cannot maintain its fat 60.2% EBITDA margins forever by simply relying on transaction fees. Therefore it is investing aggressively to diversify into ancillary businesses like cryptocurrency rewards credit card through a partnership with Visa (V),Coinbase Prime (a prime brokerage product for custody, advanced trading, data analytics, and prime services targeting institutional and corporate investors), cybersecurity services tailored to blockchain and cryptocurrency, and loans and deposit accounts. In fact, within 5 years they expect to derive the majority of their revenue from outside of transaction fees.\nProfitable\nEven though its cryptocurrency transaction business may not have much of a moat and we do not expect its fat margins to be sustainable, it is current wildly profitable as returns on invested capital were a whopping 48.4% over the past twelve months and the company is expected to generate $8.41 in normalized earnings per share this year.\nAs a result of their profitable business, they have a net cash position and nearly $2 billion in cash on their balance sheet, giving them plenty of dry powder to not only avoid financial distress but also continue to invest opportunistically in growing into ancillary businesses.\nNot Directly Correlated to the Bitcoin (BTC-USD) Price\nGiven that COIN profits from transaction fees and ancillary services, its revenues are not directly tied to the price of Bitcoin or other cryptocurrencies. Instead, they are more closely tied to the volume of transactions and other uses of cryptocurrencies. As a result, they tend to rack up large profits when cryptocurrencies are either on a strong bull run or in a fierce downturn.\nMassive Growth Potential\nLast, but not least, we expect COIN to grow significantly in the years to come, provided that cryptocurrencies and blockchain technology continue their strong growth trajectory.\nBetween their strong crypto and software brain trust, their stakes in numerous cryptocurrency and blockchain startups which are developing innovative products and services using the technology, and their massive growth runway from their current 50 million users to an estimated 1 billion potential customers, they could very well enjoy an exponential growth trajectory.\nWe are particularly bullish on their institutional investor services business potential, which should help them more than offset expected tightening margins in their retail exchange business.\n#2. Quantitative Analysis\nWhile all this sounds great, the main question remains: what is COIN worth?\nThe company is currently appraised by Mr. Market to be worth an Enterprise Value of $50.8 billion and is expected to generate ~$6.3 billion in revenue in 2021 followed by $5.9 billion in 2022. The EBITDA margin is expected to be 47.7% in 2021 and then decline to 39.2% in 2022 on declining revenue and increased competition in the exchange business.\nWhile these estimates are nice, if not useful to some extent, COIN's revenue and profitability are extremely hard to predict in any given year due to the asset-light nature of the business and its heavy dependence on exchange volume in an immature and rapidly evolving asset class.\nThat said, a few things we are quite confident in are that:\n\nExchange business margins will compress meaningfully in the years to come.\nCOIN will continue to diversify rapidly away from its exchange business into ancillary businesses and within the next half decade these alternative sources of revenue should combine to exceed its exchange business revenue.\nCOIN will remain profitable and a leader in the cryptocurrency/blockchain tech and services space given its financial and personnel resources and sector-leading scale and early-mover advantage.\nBlockchain technology is here to stay with many valuable applications and cryptocurrencies of some sort will likely also continue to grow in popularity and acceptance.\n\nGiven these assumptions, here are a few possible scenarios and potential corresponding valuations for COIN:\nModel #1: \"Bear\" Case\nCOIN struggles to deliver on its innovations and misses its target of generating the majority of its revenue outside of its exchange business within 5 years and/or cryptocurrencies run into major regulatory headwinds that lead to weak institutional adoption. As a result, retail investor demand also fizzles out and their exchange business also weakens considerably. In such a combination of scenarios, COIN is clearly dramatically overvalued at present and - while it likely will not go bankrupt given the utility of blockchain technology, their strong balance sheet, and the likelihood that some lingering demand will always exist for cryptocurrencies - investors at today's prices will be set up for dramatic losses.\nModel #2: \"Bull\" Case\nCOIN's innovations take off as their startup investments reap significant rewards and their institutional business grows exponentially as broad institutional adoption of cryptocurrencies results in strong demand for secure storage and other services and products that COIN is in a highly competitive position to offer.\nFurthermore, this strong institutional demand provides rocket fuel to cryptocurrency prices, driving Bitcoin pricing into the hundreds of thousands of dollars and Ethereum (ETH-USD) pricing into the tends of thousands of dollars. Retail demand also then becomes even stronger as more and more participants enter the market and the fear of missing out drives people to put more and more of their wealth into crypto assets. This surge in demand will offset the heavy competition and COIN - as a major player in the exchange business - will see such strong demand that its margins will not compress as much as originally thought and revenue growth will lead to strong profit growth.\nIn such a scenario, we expect annual exchange revenue to more than triple from 2021 levels by 2026 to hit $18 billion and net profit margins will only decline to ~25% ($4.5 billion in net profit from the exchange business).\nMeanwhile, their ancillary businesses will explode to consume 60% of their total revenue by 2026 at $27 billion and profit margins in these lucrative businesses will be ~45% ($12.2 billion in net profit from ancillary businesses). As a result, their total net income in 2026 will be ~$16.7 billion. Given their strength and growth, we assume a 20x multiple for the exchange business and a 35x multiple for the ancillary businesses, giving us a bull case valuation of $517 billion. That would represent a whopping 10x from current levels or a ~160% CAGR over the next half decade from current share prices.\nModel #3: \"Base\" Case\nCOIN hits its target of generating the majority of its revenue outside of its exchange business within 5 years. We assume that exchange net income margins will decline significantly from their current levels to ~19% and revenue remains flat in that business as growth roughly offsets reduced fees. Meanwhile, however, ancillary businesses enjoy fat 40% net income margins due to COIN's technological advantages, asset-light business models, and economies of scale and revenues from these businesses are roughly 55% of their total revenue. As a result, we estimate 2026 revenue coming in at ~$14 billion and exchange net income at $1.2 billion and ancillary business net income coming in at $3.1 billion.\nWe would conservatively value the exchange business at 15x net income and the ancillary business at 25x net income, resulting in an estimated value of $95.5 billion, or an 88% increase in valuation over 5 years. This would lead to a CAGR of 13.5% from current share price and make the stock an attractive buy here.\nInvestor Takeaway\nAs you can see from our models, valuing COIN is very challenging right now and the potential outcomes range from massive losses in a bear case scenario to enormous gains in a bull scenario. Our base case - based on a mildly bullish outlook for cryptocurrencies and their ancillary business investments, a realistically slightly bearish outlook for their exchange business, and conservative valuation multiple assumptions - indicates that COIN could be an attractive buy at present.\nWhile our current fair value estimate is ~$300 a share and implies meaningful upside from the current share price of ~$240, investors need to acknowledge that this is a highly speculative estimate at this point and that the thesis hinges primarily on their outlook for the growth of institutional cryptocurrency adoption rather than on internal factors at COIN. As a result, we rate COIN a speculative buy.","news_type":1},"isVote":1,"tweetType":1,"viewCount":449,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110327602,"gmtCreate":1622426665506,"gmtModify":1704184205636,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/110327602","repostId":"2139480953","repostType":4,"repost":{"id":"2139480953","pubTimestamp":1622421908,"share":"https://ttm.financial/m/news/2139480953?lang=&edition=fundamental","pubTime":"2021-05-31 08:45","market":"us","language":"en","title":"2 Deeply Discounted Dividend Stocks to Buy and Hold Right Now","url":"https://stock-news.laohu8.com/highlight/detail?id=2139480953","media":"Motley Fool","summary":"These pharmaceutical companies might make great long-term additions to your portfolio.","content":"<p>Finding bargains can be a tough challenge even in a market that's going down. But there are always discounts to be had, and two great blue-chip companies -- <b>AstraZeneca </b>(NASDAQ:AZN) and <b>GlaxoSmithKline </b>(NYSE:GSK) -- are currently selling for bargain prices. Both offer solid dividends in the mix, meaning that a buy-and-hold strategy with these stocks in your portfolio could prove quite fruitful over the long run.</p>\n<p>Here's why you may want to take a look at these two companies.</p>\n<p><img src=\"https://static.tigerbbs.com/6241bdb32e48148eeb1bcc68b793ec25\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\">Image source: <a href=\"https://laohu8.com/S/GTY\">Getty</a> Images.</p>\n<h2>1. AstraZeneca</h2>\n<p>Still down from its all-time highs of $61 set back in July 2020, AstraZeneca is currently in a great spot to possibly break through that record and head higher. Trading at a forward price-to-earnings ratio of just 15.23, the stock looks cheap compared with a year ago, when it traded at its average market valuation with a forward P/E of 20 -- a level it's maintained for the past five years, indicating that today's valuation is a discount.</p>\n<p>Its current discount can be attributed to a tremendous growth in earnings to which the stock price has yet to catch up, highlighting the immense potential AstraZeneca has to rise. Its 2018 earnings per share were $1.70, 2019's were $1.03, and 2020's were $2.44 -- a remarkable jump.</p>\n<p>AstraZeneca's new drugs are <a href=\"https://laohu8.com/S/AONE\">one</a> reason for optimism about its growth. One in particular that shows incredible promise is Fasenra, for severe asthma. Fasenra's sales potential looks especially impressive given the market in which it operates. The global asthma market in 2020 came in at $20.6 billion, which could provide a lot of potential for Fasenra -- already a near-blockbuster, with nearly $1 billion in 2020 sales -- to grow and take market share away from <b>GlaxoSmithKline</b>'s Nucala and <b><a href=\"https://laohu8.com/S/GCVRZ\">Sanofi</a>'</b>s Dupixient. Doctors already seem to prefer Fasenra thanks to its more precise dosing, and Fasenra could end up bringing AstraZeneca several billion dollars annually.</p>\n<p>Eventually, AstraZeneca's stock price will catch up with its revenue growth. Taking analysts' EPS estimates of $3.77 for the year and figuring on a P/E of 21, we are looking at a $79 share price -- a 38% return on this discounted stock should it return to the valuation which the market has historically applied.</p>\n<p>AstraZeneca also pays a dividend, yielding 2.44%, almost double the <b>SPDR S&amp;P 500</b> ETF's 1.3%. With a reliable dividend history going back to 1999 and potential for lots of upside, AstraZeneca is worth considering as a set-and-forget stock.</p>\n<h2>2. GlaxoSmithKline</h2>\n<p>Founded in 1715 as a small apothecary shop, GlaxoSmithKline has spent more than 300 years growing into the multinational pharmaceutical company we know today. The business behind such brand names as Aquafresh, Nicorette, Sensodyne, and Tums, GlaxoSmithKline is familiar to consumers worldwide.</p>\n<p>The company today sits off recent highs of more than $45 a share set before March 2020. It currently trades at about $39, and looks inexpensive at that valuation, with a forward P/E of 13.98. Its five-year average forward P/E has been 14.59, so buying today could be getting the stock cheap. If it rises to back to its highs, investors would reap a 15% return; even if it only reverts to its normal market valuation, the return would be 9.5%.</p>\n<p>Management has discussed potentially cutting the dividend as the company spins off its consumer health segment in 2022. That division brought in 10 billion pounds in 2020, or almost 30% of total revenue (34 billion pounds). The company is making this move to help transform itself into a research and development-focused biopharma; the spun-off segment will focus on consumer health. Dividend investors value safe payouts, and a dividend cut makes sense for a business that's spinning off a segment that's been adding to revenue. Without a cut, the payout ratio after the spinoff would be very high, and the company might not be able to meet its obligations to pay shareholders, making the dividend unsustainable.</p>\n<p>Thus, this move should bring safety to the dividend and to the financial health of the company. GlaxoSmithKline can use that excess cash to reinvest into other parts of the business to drive future revenue growth. One such business is its vaccine segment; the company is currently co-developing a COVID-19 vaccine with pharmaceutical company Sanofi. So far, the partners have garnered a $2.1 billion contract with the U.S. gvernment to develop and deliver 100 million doses of their vaccine, and deals with the European Union and Canada to deliver 300 million and 60 million doses to those areas respectively.</p>\n<p>While the financials of the latter two deals have yet to be been disclosed, the terms are likely similar to those reached with the U.S. Such deals have the potential to bring billions in revenue, not just in the near term but for the future as the world continues to fight against COVID-19.</p>\n<p>When looking for stocks to buy and hold, safety and stability must be taken into account. Still off its highs, GlaxoSmithKline has a lot more room to grow in share price, and given the dividend cut, its payout should be much more secure as part of a long-term strategy.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2 Deeply Discounted Dividend Stocks to Buy and Hold Right Now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 Deeply Discounted Dividend Stocks to Buy and Hold Right Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-31 08:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/30/deeply-discounted-dividend-stocks-to-buy-and-hold/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Finding bargains can be a tough challenge even in a market that's going down. But there are always discounts to be had, and two great blue-chip companies -- AstraZeneca (NASDAQ:AZN) and ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/30/deeply-discounted-dividend-stocks-to-buy-and-hold/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AZN":"阿斯利康","GSK":"葛兰素史克"},"source_url":"https://www.fool.com/investing/2021/05/30/deeply-discounted-dividend-stocks-to-buy-and-hold/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2139480953","content_text":"Finding bargains can be a tough challenge even in a market that's going down. But there are always discounts to be had, and two great blue-chip companies -- AstraZeneca (NASDAQ:AZN) and GlaxoSmithKline (NYSE:GSK) -- are currently selling for bargain prices. Both offer solid dividends in the mix, meaning that a buy-and-hold strategy with these stocks in your portfolio could prove quite fruitful over the long run.\nHere's why you may want to take a look at these two companies.\nImage source: Getty Images.\n1. AstraZeneca\nStill down from its all-time highs of $61 set back in July 2020, AstraZeneca is currently in a great spot to possibly break through that record and head higher. Trading at a forward price-to-earnings ratio of just 15.23, the stock looks cheap compared with a year ago, when it traded at its average market valuation with a forward P/E of 20 -- a level it's maintained for the past five years, indicating that today's valuation is a discount.\nIts current discount can be attributed to a tremendous growth in earnings to which the stock price has yet to catch up, highlighting the immense potential AstraZeneca has to rise. Its 2018 earnings per share were $1.70, 2019's were $1.03, and 2020's were $2.44 -- a remarkable jump.\nAstraZeneca's new drugs are one reason for optimism about its growth. One in particular that shows incredible promise is Fasenra, for severe asthma. Fasenra's sales potential looks especially impressive given the market in which it operates. The global asthma market in 2020 came in at $20.6 billion, which could provide a lot of potential for Fasenra -- already a near-blockbuster, with nearly $1 billion in 2020 sales -- to grow and take market share away from GlaxoSmithKline's Nucala and Sanofi's Dupixient. Doctors already seem to prefer Fasenra thanks to its more precise dosing, and Fasenra could end up bringing AstraZeneca several billion dollars annually.\nEventually, AstraZeneca's stock price will catch up with its revenue growth. Taking analysts' EPS estimates of $3.77 for the year and figuring on a P/E of 21, we are looking at a $79 share price -- a 38% return on this discounted stock should it return to the valuation which the market has historically applied.\nAstraZeneca also pays a dividend, yielding 2.44%, almost double the SPDR S&P 500 ETF's 1.3%. With a reliable dividend history going back to 1999 and potential for lots of upside, AstraZeneca is worth considering as a set-and-forget stock.\n2. GlaxoSmithKline\nFounded in 1715 as a small apothecary shop, GlaxoSmithKline has spent more than 300 years growing into the multinational pharmaceutical company we know today. The business behind such brand names as Aquafresh, Nicorette, Sensodyne, and Tums, GlaxoSmithKline is familiar to consumers worldwide.\nThe company today sits off recent highs of more than $45 a share set before March 2020. It currently trades at about $39, and looks inexpensive at that valuation, with a forward P/E of 13.98. Its five-year average forward P/E has been 14.59, so buying today could be getting the stock cheap. If it rises to back to its highs, investors would reap a 15% return; even if it only reverts to its normal market valuation, the return would be 9.5%.\nManagement has discussed potentially cutting the dividend as the company spins off its consumer health segment in 2022. That division brought in 10 billion pounds in 2020, or almost 30% of total revenue (34 billion pounds). The company is making this move to help transform itself into a research and development-focused biopharma; the spun-off segment will focus on consumer health. Dividend investors value safe payouts, and a dividend cut makes sense for a business that's spinning off a segment that's been adding to revenue. Without a cut, the payout ratio after the spinoff would be very high, and the company might not be able to meet its obligations to pay shareholders, making the dividend unsustainable.\nThus, this move should bring safety to the dividend and to the financial health of the company. GlaxoSmithKline can use that excess cash to reinvest into other parts of the business to drive future revenue growth. One such business is its vaccine segment; the company is currently co-developing a COVID-19 vaccine with pharmaceutical company Sanofi. So far, the partners have garnered a $2.1 billion contract with the U.S. gvernment to develop and deliver 100 million doses of their vaccine, and deals with the European Union and Canada to deliver 300 million and 60 million doses to those areas respectively.\nWhile the financials of the latter two deals have yet to be been disclosed, the terms are likely similar to those reached with the U.S. Such deals have the potential to bring billions in revenue, not just in the near term but for the future as the world continues to fight against COVID-19.\nWhen looking for stocks to buy and hold, safety and stability must be taken into account. Still off its highs, GlaxoSmithKline has a lot more room to grow in share price, and given the dividend cut, its payout should be much more secure as part of a long-term strategy.","news_type":1},"isVote":1,"tweetType":1,"viewCount":334,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105593427,"gmtCreate":1620310085469,"gmtModify":1704341760728,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/105593427","repostId":"1123117067","repostType":4,"repost":{"id":"1123117067","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1620307918,"share":"https://ttm.financial/m/news/1123117067?lang=&edition=fundamental","pubTime":"2021-05-06 21:31","market":"us","language":"en","title":"Dow opens slightly higher after notching record close, S&P 500 is flat","url":"https://stock-news.laohu8.com/highlight/detail?id=1123117067","media":"Tiger Newspress","summary":"U.S. stocks held steady on Thursday as investors awaited Friday's highly anticipated jobs report.The","content":"<p>U.S. stocks held steady on Thursday as investors awaited Friday's highly anticipated jobs report.</p><p>The Dow Jones Industrial Average added 40 points after reaching a record closing high in the previous session. The S&amp;P 500 was little changed. The Nasdaq Composite dipped 0.5%.</p><p>The muted action in futures came despite a better-than-expected reading onjobless claims. First-time claims for unemployment insurance totaled 498,000 for the week ended March 1, hitting a fresh pandemic-era low and better than a Dow Jones estimate of 527,000.</p><p>The data came one day before April's jobs report is released on Friday.</p><p>\"Job growth has been strong and increasing for the past three months. April's employment numbers are expected to show another significant gain, as layoffs were down by one-sixth during the month,\" noted Brad McMillan, chief investment officer for Commonwealth Financial Network.</p><p>PayPal shares jumped 4% in premarket trading to lead tech names after the company posted better-than-expected earnings andsaid revenue last quarter surged 31%.</p><p>The Nasdaq Composite posted its fourth straight negative session on Wednesday for its longest daily losing streak since October. The tech-heavy index and S&amp;P 500 are each lower for the week. The Dow is on track to break a two-week losing streak.</p><p>However, Etsy tanked by 11% in early trading afterwarning that sales will slowas the pandemic boost wanes.</p><p>Shares of Gap, which have been popping in the past month along with other specialty retail as investors bet on a return to more in-person shopping, was higher again, up about 2% in early trading.</p><p>During Wednesday's session, the Dow gained 97 points to end at a new closing high. The 30-stock benchmark index also set a new intraday record after rising nearly 200 points at one point.</p><p>It's too early to say whether the early gains Thursday will mark a reversal in trend.</p><p>\"Technology sector earnings momentum relative to the broader market peaked in late May of 2020,\" said Keith Lerner, chief market strategist at Truist. \"Given that we expect the economy to grow well above trend this year and next, value stands to benefit. Indeed, when looking at the value indices, they are dominated by financials and tend to have greater exposure to economically-sensitive sectors that are more leveraged to an economic recovery.\"</p><p>The Russell 1000 Value index has gained 16% this year, while the Russell 1000 Growth index has advanced 5%.</p><p>However, he added that concerns still remain in the market. For one, federal stimulus packages have boosted growth, and at some point, the economy will have to return to organic growth.</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>Dow opens slightly higher after notching record close, S&P 500 is flat</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\">\nDow opens slightly higher after notching record close, S&P 500 is flat\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-06 21:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stocks held steady on Thursday as investors awaited Friday's highly anticipated jobs report.</p><p>The Dow Jones Industrial Average added 40 points after reaching a record closing high in the previous session. The S&amp;P 500 was little changed. The Nasdaq Composite dipped 0.5%.</p><p>The muted action in futures came despite a better-than-expected reading onjobless claims. First-time claims for unemployment insurance totaled 498,000 for the week ended March 1, hitting a fresh pandemic-era low and better than a Dow Jones estimate of 527,000.</p><p>The data came one day before April's jobs report is released on Friday.</p><p>\"Job growth has been strong and increasing for the past three months. April's employment numbers are expected to show another significant gain, as layoffs were down by one-sixth during the month,\" noted Brad McMillan, chief investment officer for Commonwealth Financial Network.</p><p>PayPal shares jumped 4% in premarket trading to lead tech names after the company posted better-than-expected earnings andsaid revenue last quarter surged 31%.</p><p>The Nasdaq Composite posted its fourth straight negative session on Wednesday for its longest daily losing streak since October. The tech-heavy index and S&amp;P 500 are each lower for the week. The Dow is on track to break a two-week losing streak.</p><p>However, Etsy tanked by 11% in early trading afterwarning that sales will slowas the pandemic boost wanes.</p><p>Shares of Gap, which have been popping in the past month along with other specialty retail as investors bet on a return to more in-person shopping, was higher again, up about 2% in early trading.</p><p>During Wednesday's session, the Dow gained 97 points to end at a new closing high. The 30-stock benchmark index also set a new intraday record after rising nearly 200 points at one point.</p><p>It's too early to say whether the early gains Thursday will mark a reversal in trend.</p><p>\"Technology sector earnings momentum relative to the broader market peaked in late May of 2020,\" said Keith Lerner, chief market strategist at Truist. \"Given that we expect the economy to grow well above trend this year and next, value stands to benefit. Indeed, when looking at the value indices, they are dominated by financials and tend to have greater exposure to economically-sensitive sectors that are more leveraged to an economic recovery.\"</p><p>The Russell 1000 Value index has gained 16% this year, while the Russell 1000 Growth index has advanced 5%.</p><p>However, he added that concerns still remain in the market. For one, federal stimulus packages have boosted growth, and at some point, the economy will have to return to organic growth.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123117067","content_text":"U.S. stocks held steady on Thursday as investors awaited Friday's highly anticipated jobs report.The Dow Jones Industrial Average added 40 points after reaching a record closing high in the previous session. The S&P 500 was little changed. The Nasdaq Composite dipped 0.5%.The muted action in futures came despite a better-than-expected reading onjobless claims. First-time claims for unemployment insurance totaled 498,000 for the week ended March 1, hitting a fresh pandemic-era low and better than a Dow Jones estimate of 527,000.The data came one day before April's jobs report is released on Friday.\"Job growth has been strong and increasing for the past three months. April's employment numbers are expected to show another significant gain, as layoffs were down by one-sixth during the month,\" noted Brad McMillan, chief investment officer for Commonwealth Financial Network.PayPal shares jumped 4% in premarket trading to lead tech names after the company posted better-than-expected earnings andsaid revenue last quarter surged 31%.The Nasdaq Composite posted its fourth straight negative session on Wednesday for its longest daily losing streak since October. The tech-heavy index and S&P 500 are each lower for the week. The Dow is on track to break a two-week losing streak.However, Etsy tanked by 11% in early trading afterwarning that sales will slowas the pandemic boost wanes.Shares of Gap, which have been popping in the past month along with other specialty retail as investors bet on a return to more in-person shopping, was higher again, up about 2% in early trading.During Wednesday's session, the Dow gained 97 points to end at a new closing high. The 30-stock benchmark index also set a new intraday record after rising nearly 200 points at one point.It's too early to say whether the early gains Thursday will mark a reversal in trend.\"Technology sector earnings momentum relative to the broader market peaked in late May of 2020,\" said Keith Lerner, chief market strategist at Truist. \"Given that we expect the economy to grow well above trend this year and next, value stands to benefit. Indeed, when looking at the value indices, they are dominated by financials and tend to have greater exposure to economically-sensitive sectors that are more leveraged to an economic recovery.\"The Russell 1000 Value index has gained 16% this year, while the Russell 1000 Growth index has advanced 5%.However, he added that concerns still remain in the market. For one, federal stimulus packages have boosted growth, and at some point, the economy will have to return to organic growth.","news_type":1},"isVote":1,"tweetType":1,"viewCount":488,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374706801,"gmtCreate":1619479944003,"gmtModify":1704724467902,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/374706801","repostId":"1126317368","repostType":4,"repost":{"id":"1126317368","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1619447548,"share":"https://ttm.financial/m/news/1126317368?lang=&edition=fundamental","pubTime":"2021-04-26 22:32","market":"us","language":"en","title":"U.S. auto dealers are winners as chip shortage lifts vehicle profits","url":"https://stock-news.laohu8.com/highlight/detail?id=1126317368","media":"Reuters","summary":"Mike Bowsher shakes his head in wonder when he hears yet another customer at one of his Buick-GMC de","content":"<p>Mike Bowsher shakes his head in wonder when he hears yet another customer at one of his Buick-GMC dealerships near Atlanta has agreed to pay full sticker price of more than $71,000 for a top-of-the-line GMC Yukon XL Denali SUV that is still being assembled at a General Motors factory.</p>\n<p>Customers know what Bowsher has arriving by scanning the online inventories of his six stores in the region, and they are often willing to wait more than a week and pay full price to get their desired vehicle.</p>\n<p>“I’m selling about 150% of what I have on the ground,” Bowsher said. “We are selling stuff so far up in the pipeline that they’re putting money down on ‘in-process,’ which is in the plant.”</p>\n<p>Automakers from GM to Ford Motor and Toyota have cut production this year due to the global semiconductor chip shortage. While those automakers have been pinched, dealers are experiencing the best of times. Not only can they charge full price for the hottest-selling trucks and SUVs, but many also have reduced promotional spending and other costs required by full vehicle lots.</p>\n<p>“I’ll take this till I’m six feet under,” Bowsher said. “Customers are coming in just saying, ‘I’ll take it, full sticker, get it ready.’ It’s nuts.”</p>\n<p>This means record profits for car dealers.</p>\n<p>AutoNation Inc Executive Vice President Marc Cannon called it “Camelot,” comparing it to the legendary castle and court of King Arthur. He wondered whether this could turn into the new operating model in an industry where consumers in the past were conditioned to seek incentives and rebates that reduced vehicle prices by 10% or more.</p>\n<p>Profits at AutoNation Inc, the largest U.S. dealer chain, almost tripled last week as gross profit per new vehicle soared 61% to more than $2,700 in the first quarter. Rival Lithia Motors saw its profit per new vehicle jump 33% to $2,910 as its quarterly results trounced expectations.</p>\n<p>The good times won’t likely end soon as many industry officials see the chip shortage lasting into 2022. Many dealers report thin vehicle supplies, in some cases as low as 15 days worth.</p>\n<p>At his company’s Toyota store in Maine, Todd Skelton, chief executive of Prime Automotive Group, had 62 cars in mid-April, down from the typical 300 vehicles.</p>\n<p>“We’re now beginning to see not only the depletion of what we had in stock, but nothing following behind it,” said Skelton, whose company has 32 stores in New York, New Jersey and New England across multiple brands.</p>\n<p>One concern of Skelton’s is whether reduced supply will drag down overall profits despite higher margins.</p>\n<p>And demand is not high for just new cars, as used-car prices are also rising, dealers said.</p>\n<p>“If all of a sudden, I don’t have a lot of 2021 Santa Fe’s, I’m going to want as many 2019 and 2020 Santa Fe’s as I can find,” Andrew DiFeo, dealer principal at a Hyundai dealer in St. Augustine, Florida, said.</p>\n<p>Not every dealer is ebullient.</p>\n<p>Jim Seavitt, who owns a Ford dealer near the No. 2 U.S. automaker’s Dearborn, Michigan, headquarters, said dealers celebrating now could be hurt later if inventories continue to fall.</p>\n<p>“They think it’s a light at the end of the tunnel, but it’s a freight train,” he said. “I’ve got 150 cars on the ground. I’ve got maybe 30 cars coming next week. I sell 225 a month. Why would I be rejoicing right now?”</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>U.S. auto dealers are winners as chip shortage lifts vehicle profits</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. auto dealers are winners as chip shortage lifts vehicle profits\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-04-26 22:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Mike Bowsher shakes his head in wonder when he hears yet another customer at one of his Buick-GMC dealerships near Atlanta has agreed to pay full sticker price of more than $71,000 for a top-of-the-line GMC Yukon XL Denali SUV that is still being assembled at a General Motors factory.</p>\n<p>Customers know what Bowsher has arriving by scanning the online inventories of his six stores in the region, and they are often willing to wait more than a week and pay full price to get their desired vehicle.</p>\n<p>“I’m selling about 150% of what I have on the ground,” Bowsher said. “We are selling stuff so far up in the pipeline that they’re putting money down on ‘in-process,’ which is in the plant.”</p>\n<p>Automakers from GM to Ford Motor and Toyota have cut production this year due to the global semiconductor chip shortage. While those automakers have been pinched, dealers are experiencing the best of times. Not only can they charge full price for the hottest-selling trucks and SUVs, but many also have reduced promotional spending and other costs required by full vehicle lots.</p>\n<p>“I’ll take this till I’m six feet under,” Bowsher said. “Customers are coming in just saying, ‘I’ll take it, full sticker, get it ready.’ It’s nuts.”</p>\n<p>This means record profits for car dealers.</p>\n<p>AutoNation Inc Executive Vice President Marc Cannon called it “Camelot,” comparing it to the legendary castle and court of King Arthur. He wondered whether this could turn into the new operating model in an industry where consumers in the past were conditioned to seek incentives and rebates that reduced vehicle prices by 10% or more.</p>\n<p>Profits at AutoNation Inc, the largest U.S. dealer chain, almost tripled last week as gross profit per new vehicle soared 61% to more than $2,700 in the first quarter. Rival Lithia Motors saw its profit per new vehicle jump 33% to $2,910 as its quarterly results trounced expectations.</p>\n<p>The good times won’t likely end soon as many industry officials see the chip shortage lasting into 2022. Many dealers report thin vehicle supplies, in some cases as low as 15 days worth.</p>\n<p>At his company’s Toyota store in Maine, Todd Skelton, chief executive of Prime Automotive Group, had 62 cars in mid-April, down from the typical 300 vehicles.</p>\n<p>“We’re now beginning to see not only the depletion of what we had in stock, but nothing following behind it,” said Skelton, whose company has 32 stores in New York, New Jersey and New England across multiple brands.</p>\n<p>One concern of Skelton’s is whether reduced supply will drag down overall profits despite higher margins.</p>\n<p>And demand is not high for just new cars, as used-car prices are also rising, dealers said.</p>\n<p>“If all of a sudden, I don’t have a lot of 2021 Santa Fe’s, I’m going to want as many 2019 and 2020 Santa Fe’s as I can find,” Andrew DiFeo, dealer principal at a Hyundai dealer in St. Augustine, Florida, said.</p>\n<p>Not every dealer is ebullient.</p>\n<p>Jim Seavitt, who owns a Ford dealer near the No. 2 U.S. automaker’s Dearborn, Michigan, headquarters, said dealers celebrating now could be hurt later if inventories continue to fall.</p>\n<p>“They think it’s a light at the end of the tunnel, but it’s a freight train,” he said. “I’ve got 150 cars on the ground. I’ve got maybe 30 cars coming next week. I sell 225 a month. Why would I be rejoicing right now?”</p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126317368","content_text":"Mike Bowsher shakes his head in wonder when he hears yet another customer at one of his Buick-GMC dealerships near Atlanta has agreed to pay full sticker price of more than $71,000 for a top-of-the-line GMC Yukon XL Denali SUV that is still being assembled at a General Motors factory.\nCustomers know what Bowsher has arriving by scanning the online inventories of his six stores in the region, and they are often willing to wait more than a week and pay full price to get their desired vehicle.\n“I’m selling about 150% of what I have on the ground,” Bowsher said. “We are selling stuff so far up in the pipeline that they’re putting money down on ‘in-process,’ which is in the plant.”\nAutomakers from GM to Ford Motor and Toyota have cut production this year due to the global semiconductor chip shortage. While those automakers have been pinched, dealers are experiencing the best of times. Not only can they charge full price for the hottest-selling trucks and SUVs, but many also have reduced promotional spending and other costs required by full vehicle lots.\n“I’ll take this till I’m six feet under,” Bowsher said. “Customers are coming in just saying, ‘I’ll take it, full sticker, get it ready.’ It’s nuts.”\nThis means record profits for car dealers.\nAutoNation Inc Executive Vice President Marc Cannon called it “Camelot,” comparing it to the legendary castle and court of King Arthur. He wondered whether this could turn into the new operating model in an industry where consumers in the past were conditioned to seek incentives and rebates that reduced vehicle prices by 10% or more.\nProfits at AutoNation Inc, the largest U.S. dealer chain, almost tripled last week as gross profit per new vehicle soared 61% to more than $2,700 in the first quarter. Rival Lithia Motors saw its profit per new vehicle jump 33% to $2,910 as its quarterly results trounced expectations.\nThe good times won’t likely end soon as many industry officials see the chip shortage lasting into 2022. Many dealers report thin vehicle supplies, in some cases as low as 15 days worth.\nAt his company’s Toyota store in Maine, Todd Skelton, chief executive of Prime Automotive Group, had 62 cars in mid-April, down from the typical 300 vehicles.\n“We’re now beginning to see not only the depletion of what we had in stock, but nothing following behind it,” said Skelton, whose company has 32 stores in New York, New Jersey and New England across multiple brands.\nOne concern of Skelton’s is whether reduced supply will drag down overall profits despite higher margins.\nAnd demand is not high for just new cars, as used-car prices are also rising, dealers said.\n“If all of a sudden, I don’t have a lot of 2021 Santa Fe’s, I’m going to want as many 2019 and 2020 Santa Fe’s as I can find,” Andrew DiFeo, dealer principal at a Hyundai dealer in St. Augustine, Florida, said.\nNot every dealer is ebullient.\nJim Seavitt, who owns a Ford dealer near the No. 2 U.S. automaker’s Dearborn, Michigan, headquarters, said dealers celebrating now could be hurt later if inventories continue to fall.\n“They think it’s a light at the end of the tunnel, but it’s a freight train,” he said. “I’ve got 150 cars on the ground. I’ve got maybe 30 cars coming next week. I sell 225 a month. Why would I be rejoicing right now?”","news_type":1},"isVote":1,"tweetType":1,"viewCount":350,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374088069,"gmtCreate":1619402111651,"gmtModify":1704723268562,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/374088069","repostId":"1112636113","repostType":4,"repost":{"id":"1112636113","pubTimestamp":1619398704,"share":"https://ttm.financial/m/news/1112636113?lang=&edition=fundamental","pubTime":"2021-04-26 08:58","market":"sg","language":"en","title":"Singapore’s top banks could see a boost in share prices as earnings bounce back","url":"https://stock-news.laohu8.com/highlight/detail?id=1112636113","media":"CNBC","summary":"KEY POINTS\n\nSingapore’s three largest banks are expected to report improved earnings as the global e","content":"<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are expected to report improved earnings as the global economy recovers from the Covid-19 pandemic, said analysts.\nThe city-state’s largest bank DBS will ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/26/singapore-banks-q1-2021-earnings-what-to-expect-from-dbs-ocbc-uob.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore’s top banks could see a boost in share prices as earnings bounce back</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore’s top banks could see a boost in share prices as earnings bounce back\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-26 08:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/26/singapore-banks-q1-2021-earnings-what-to-expect-from-dbs-ocbc-uob.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nSingapore’s three largest banks are expected to report improved earnings as the global economy recovers from the Covid-19 pandemic, said analysts.\nThe city-state’s largest bank DBS will ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/26/singapore-banks-q1-2021-earnings-what-to-expect-from-dbs-ocbc-uob.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"O39.SI":"华侨银行","D05.SI":"星展集团控股","STI.SI":"富时新加坡海峡指数","U11.SI":"大华银行"},"source_url":"https://www.cnbc.com/2021/04/26/singapore-banks-q1-2021-earnings-what-to-expect-from-dbs-ocbc-uob.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1112636113","content_text":"KEY POINTS\n\nSingapore’s three largest banks are expected to report improved earnings as the global economy recovers from the Covid-19 pandemic, said analysts.\nThe city-state’s largest bank DBS will release first-quarter earnings on Friday; while smaller peers UOB and OCBC will report on May 6 and May 7, respectively.\nAll three Singapore-listed banks have risen more than 15% this year as of Friday’s close — outpacing the benchmark Straits Times Index’s 12.3% gain.\n\nSINGAPORE — Singapore’s three largest banks are expected to report improved earnings as the global economy recovers from the Covid-19 pandemic, said analysts.\nThe banks are scheduled to release first-quarter earnings in the coming days. The largest of the trio,DBS Group Holdings, will be the first to do so on Friday, while smaller peers United Overseas Bank and Oversea-Chinese Banking Corp will report on May 6 and May 7, respectively.\nHere’s what analysts are expecting from the banks’ financial report cards, according to estimates compiled by Refinitiv as of Friday.\n\nInvestors have appeared more optimistic about the banks’ prospects, with all three stocks gaining more than 15% this year as of Friday’s close — outpacing the benchmark Straits Times Index, which rose about 12.3% in the same period.\nKrishna Guha, an equity analyst at investment bank Jefferies, said in a report this month that a better earnings outlook could send the city-state’s bank stocks higher.\nThe analyst has a “buy” rating on all three banks and raised his price targets for them in early-April.\n\nDBS: 33 Singapore dollars, implying an upside of around 14% from Friday’s close.\nOCBC: 13.50 Singapore dollars, which is a 13% upside.\nUOB: 29.50 Singapore dollars, an upside of 12%.\n\nGuha said growth in the banks’ loans business is picking up, while lending margins may recover. Buoyant deal-making activities in the financial markets could also boost service fees for the banks, he added.\n\nDavid Lum, an analyst at investment bank Daiwa Capital Markets, said he’s “positive” on Singapore banks — but less bullish on the sector compared to many of his counterparts.\nLum said in a report this month that net interest margins — a measure of lending profitability — would stay weak even as bank earnings recover. He explained that competition in the Singapore housing loan market is one factor that could keep a lid on lending margins.\nThe banks’ shares also look “close to fully valued,” said Lum.\nDaiwa’s top pick among the three Singapore banks is OCBC, which it rated “outperform.” Both DBS and UOB have a “hold” rating.","news_type":1},"isVote":1,"tweetType":1,"viewCount":240,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375368532,"gmtCreate":1619309913326,"gmtModify":1704722196091,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"Weee","listText":"Weee","text":"Weee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/375368532","repostId":"2129843350","repostType":4,"repost":{"id":"2129843350","pubTimestamp":1619189269,"share":"https://ttm.financial/m/news/2129843350?lang=&edition=fundamental","pubTime":"2021-04-23 22:47","market":"us","language":"en","title":"Churchill Capital IV Stock Is Being Pushed Down by Short-Sellers","url":"https://stock-news.laohu8.com/highlight/detail?id=2129843350","media":"Motley Fool","summary":"Bears are capitalizing on the lack of near-term positive catalysts, but the dip could be a buying opportunity for patient investors.","content":"<p>Following a massive boom over the past year, special purpose acquisition companies (SPACs) have seemingly fallen out of favor since February as investors question some of the lofty valuations that private companies have been fetching in definitive agreements. The Securities and Exchange Commission (SEC) has started to scrutinize SPACs more closely, fearing that average investors could end up getting harmed from the exuberance.</p>\n<p>The securities regulator recently proposed a change that would impact how warrants are accounted for, which could potentially make reported earnings more volatile. Short-sellers have also been targeting some SPACs to capitalize on the SPAC pullback, amplifying the selling pressure.</p>\n<p>Here's some evidence that short-sellers are pushing down <b><a href=\"https://laohu8.com/S/CCC.U\">Churchill Capital</a> IV </b>(NYSE:CCIV), a high-profile SPAC that's merging with Lucid Motors.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F622526%2Flucid-air-exterior-09.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"350\"><span>Image source: Lucid Motors.</span></p>\n<h2>The biggest and most profitable SPAC short</h2>\n<p>Recent data from short-selling analytics firm S3 Partners shows that bears have significantly increased their short positions over the past 30 days. S3 Partners uses proprietary models to estimate real-time data, which can be more useful than the official data that exchanges provide twice per month. Of the 885 SPACs that S3 Partners tracks on its analytics platform, Churchill Capital IV has seen the largest increase by far.</p>\n<p>Currently, approximately 13.7% of Churchill Capital IV's float is sold short, according to S3 Partners. The total dollar value of those bearish positions is around $603 million, which has increased by a whopping $178 million over the past 30 days. The next highest increase in short bets was <b>Forest Road</b>, which is merging&nbsp;with Beachbody and Myx Fitness in a rare three-way merger, at just $25 million over the past 30 days. The data makes it clear that shorts are disproportionately targeting Churchill Capital IV by a significant margin.</p>\n<p>So far, it's working out quite profitably for the bears. Churchill Capital IV has also been the most profitable SPAC short over the past 30 days, generating overall mark-to-market profits of $249 million, or a 34% return.</p>\n<h2>Why shorts are targeting Churchill Capital IV</h2>\n<p>There are a few likely reasons why Churchill Capital IV has attracted so much short interest. First off, the stock had run up to unsustainably high levels of around $65 prior to confirming the merger with Lucid. Once the reality of the deal set it, the stock plummeted and continued to pull back.</p>\n<p>Additionally, there are no positive fundamental drivers in the near term for Churchill Capital IV. The SPAC is currently in the process of closing the merger with Lucid, and the aspiring electric vehicle (EV) maker recently decided to delay the launch of its flagship Air sedan into the second half of 2021.</p>\n<p>In the meantime, Lucid continues to open new stores to expand its retail network, which will help build brand awareness. Eventually, those locations will be important to conduct direct sales, but that will come after Air deliveries commence.</p>\n<p>Long-term investors will need to be patient for the next several months and expect plenty of volatility as short-sellers capitalize on the absence of positive news. Shares will likely be range-bound for a bit.</p>\n<p>However, that doesn't mean that long-term investors can't benefit. The stock looks particularly compelling at $20, and patient investors can now buy shares on the cheap.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Churchill Capital IV Stock Is Being Pushed Down by Short-Sellers</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\">\nChurchill Capital IV Stock Is Being Pushed Down by Short-Sellers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-23 22:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/23/churchill-capital-iv-stock-is-being-pushed-down-by/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Following a massive boom over the past year, special purpose acquisition companies (SPACs) have seemingly fallen out of favor since February as investors question some of the lofty valuations that ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/23/churchill-capital-iv-stock-is-being-pushed-down-by/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/04/23/churchill-capital-iv-stock-is-being-pushed-down-by/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129843350","content_text":"Following a massive boom over the past year, special purpose acquisition companies (SPACs) have seemingly fallen out of favor since February as investors question some of the lofty valuations that private companies have been fetching in definitive agreements. The Securities and Exchange Commission (SEC) has started to scrutinize SPACs more closely, fearing that average investors could end up getting harmed from the exuberance.\nThe securities regulator recently proposed a change that would impact how warrants are accounted for, which could potentially make reported earnings more volatile. Short-sellers have also been targeting some SPACs to capitalize on the SPAC pullback, amplifying the selling pressure.\nHere's some evidence that short-sellers are pushing down Churchill Capital IV (NYSE:CCIV), a high-profile SPAC that's merging with Lucid Motors.\nImage source: Lucid Motors.\nThe biggest and most profitable SPAC short\nRecent data from short-selling analytics firm S3 Partners shows that bears have significantly increased their short positions over the past 30 days. S3 Partners uses proprietary models to estimate real-time data, which can be more useful than the official data that exchanges provide twice per month. Of the 885 SPACs that S3 Partners tracks on its analytics platform, Churchill Capital IV has seen the largest increase by far.\nCurrently, approximately 13.7% of Churchill Capital IV's float is sold short, according to S3 Partners. The total dollar value of those bearish positions is around $603 million, which has increased by a whopping $178 million over the past 30 days. The next highest increase in short bets was Forest Road, which is merging with Beachbody and Myx Fitness in a rare three-way merger, at just $25 million over the past 30 days. The data makes it clear that shorts are disproportionately targeting Churchill Capital IV by a significant margin.\nSo far, it's working out quite profitably for the bears. Churchill Capital IV has also been the most profitable SPAC short over the past 30 days, generating overall mark-to-market profits of $249 million, or a 34% return.\nWhy shorts are targeting Churchill Capital IV\nThere are a few likely reasons why Churchill Capital IV has attracted so much short interest. First off, the stock had run up to unsustainably high levels of around $65 prior to confirming the merger with Lucid. Once the reality of the deal set it, the stock plummeted and continued to pull back.\nAdditionally, there are no positive fundamental drivers in the near term for Churchill Capital IV. The SPAC is currently in the process of closing the merger with Lucid, and the aspiring electric vehicle (EV) maker recently decided to delay the launch of its flagship Air sedan into the second half of 2021.\nIn the meantime, Lucid continues to open new stores to expand its retail network, which will help build brand awareness. Eventually, those locations will be important to conduct direct sales, but that will come after Air deliveries commence.\nLong-term investors will need to be patient for the next several months and expect plenty of volatility as short-sellers capitalize on the absence of positive news. Shares will likely be range-bound for a bit.\nHowever, that doesn't mean that long-term investors can't benefit. The stock looks particularly compelling at $20, and patient investors can now buy shares on the cheap.","news_type":1},"isVote":1,"tweetType":1,"viewCount":222,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372448815,"gmtCreate":1619237352537,"gmtModify":1704721696033,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372448815","repostId":"1179843002","repostType":4,"repost":{"id":"1179843002","pubTimestamp":1619190162,"share":"https://ttm.financial/m/news/1179843002?lang=&edition=fundamental","pubTime":"2021-04-23 23:02","market":"fut","language":"en","title":"‘Black Swan’ author calls bitcoin a ‘gimmick’ and a ‘game,’ says it resembles a Ponzi scheme","url":"https://stock-news.laohu8.com/highlight/detail?id=1179843002","media":"CNBC","summary":"KEY POINTS\n\n“Black Swan” author Nassim Taleb ripped bitcoin as a “gimmick” that’s too volatile to be","content":"<div>\n<p>KEY POINTS\n\n“Black Swan” author Nassim Taleb ripped bitcoin as a “gimmick” that’s too volatile to be a currency and an unsafe hedge against inflation.\n“Basically, there’s no connection between ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/23/bitcoin-a-gimmick-and-resembles-a-ponzi-scheme-black-swan-author-.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Black Swan’ author calls bitcoin a ‘gimmick’ and a ‘game,’ says it resembles a Ponzi scheme</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\">\n‘Black Swan’ author calls bitcoin a ‘gimmick’ and a ‘game,’ says it resembles a Ponzi scheme\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-23 23:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/23/bitcoin-a-gimmick-and-resembles-a-ponzi-scheme-black-swan-author-.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\n“Black Swan” author Nassim Taleb ripped bitcoin as a “gimmick” that’s too volatile to be a currency and an unsafe hedge against inflation.\n“Basically, there’s no connection between ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/23/bitcoin-a-gimmick-and-resembles-a-ponzi-scheme-black-swan-author-.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal","SQ":"Block","TSLA":"特斯拉","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.cnbc.com/2021/04/23/bitcoin-a-gimmick-and-resembles-a-ponzi-scheme-black-swan-author-.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1179843002","content_text":"KEY POINTS\n\n“Black Swan” author Nassim Taleb ripped bitcoin as a “gimmick” that’s too volatile to be a currency and an unsafe hedge against inflation.\n“Basically, there’s no connection between inflation and bitcoin,” the former derivatives trader and current hedge fund advisor told CNBC on Friday.\nTaleb had once believed bitcoin was a promising new currency, because it was not controlled by a government. But he has since changed his mind.\n\n“Black Swan” author Nassim Taleb on Friday criticized bitcoin as a “gimmick,” telling CNBC he believes it’s too volatile to be an effective currency and it’s not a safe hedge against inflation.\n“Basically, there’s no connection between inflation and bitcoin. None. I mean, you can have hyperinflation and bitcoin going to zero. There’s no link between them,” Taleb said in a “Squawk Box” interview.\n“It’s a beautifully set up cryptographic system. It’s well made but there’s absolutely no reason it should be linked to anything economic,” added Taleb, whose bestselling 2007 book examined highly improbable events and their potential to cause severe consequences. He said bitcoin has characteristics of what he calls a Ponzi scheme that’s right out in the open.\nA Ponzi scheme is a type of fraud whereby crooks steal money from investors and mask the theft by funneling returns to clients from funds contributed by newer investors.\nTaleb had once held favorable views toward bitcoin, which was created in 2009 and is the world’s largest cryptocurrency by market value. However, he told CNBC he was “fooled by it initially” because he thought it could develop into a currency used in transactions.\n“Something that moves 5% a day, 20% in a month — up or down — cannot be a currency. It’s something else,” said Taleb, a former derivatives trader who serves as scientific advisor to hedge fund Universa Investments.\n“I bought into it ... not willing to have capital appreciation, so much as wanting to have an alternative to the fiat currency issued by central banks: A currency without a government,” Taleb said. “I realized it was not a currency without a government. It was just pure speculation. It’s just like a game ... I mean, you can create another game and call it a currency.”\nWhile some businesses do accept bitcoin as payment for goods and services, including electric vehicle maker Tesla, there are those in the crypto community who think it’s actually an asset and store of value. Bitcoin, which has its supply capped at 21 million tokens, has been described as “digital gold.”\n“It’s easily transportable and can be sent anywhere in the world if you have a smartphone so it’s a much better version, as a store of value, than gold,” famed value investor Bill Miller told CNBC earlier this week.\n“With bitcoin, volatility is the price you pay for performance,” added Miller, who has also previously contended bitcoin grows less risky as adoption and its price increases.\nIndeed, the price of bitcoin has soared higher in recent months — rising from under $11,000 per unit as recently as October to an all-time high of nearly $65,000 last week. Increased institutional adoption has been cited as one factor in its climb.\nIn keeping with its propensity for wild price swings, bitcoin has tumbled in the days since, ultimately breaking below $50,000 per token earlier Friday, a 23% drop in a little more than a week. However, the price has still risen more than 70% year to date,according to Coindesk.\nBitcoin has received long-term price targets between $400,000 and $600,000 per token from some people in the investment community, including Guggenheim Partners’Scott Minerd; others have projected even higher than that.\nTaleb suggested bitcoin’s price is not what informs his now-critical view, saying “bitcoin could go to $1 million” and it wouldn’t change his argument. “These gimmicks, you have bitcoin today. You may have another one tomorrow. They come and go, and there’s no systematic link between them and the claims they make,” he added.\nInvestors who are worried about inflation would be better off purchasing property than investing in bitcoin, Taleb said. “If you want to hedge against inflation, buy a piece of land. Grow, I don’t know, olives on it. You’ll have olive oil. If the price collapses, you’ll have something.”\n“But bitcoin, there’s no connection and, of course, the best strategy for investors is to own things that produce yields in the future. In other words, you can fall back on real dollars coming out of the company,” he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":243,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":376585333,"gmtCreate":1619137154522,"gmtModify":1704720137271,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"Comment s. &nbsp; Comments comment.&nbsp;","listText":"Comment s. &nbsp; Comments comment.&nbsp;","text":"Comment s. Comments comment.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/376585333","repostId":"2129382543","repostType":4,"repost":{"id":"2129382543","pubTimestamp":1619105702,"share":"https://ttm.financial/m/news/2129382543?lang=&edition=fundamental","pubTime":"2021-04-22 23:35","market":"us","language":"en","title":"What the chip shortage means for the US economy","url":"https://stock-news.laohu8.com/highlight/detail?id=2129382543","media":"Yahoo Finance","summary":"The global computer chip shortage could have larger ramifications than making it harder to buy the l","content":"<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.</p>\n<p>In a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.</p>\n<p>“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/e5c12850-7712-11eb-bed7-ff59768d247a\" tg-width=\"2768\" tg-height=\"1847\"><span>U.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters</span></p>\n<p>Still, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.</p>\n<p>And while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.</p>\n<h2><b>Why there’s a massive global chip shortage</b></h2>\n<p>The global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.</p>\n<p>Those chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.</p>\n<p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-02/066a0770-714b-11eb-bfcd-5b5d72ec06d7\" tg-width=\"5472\" tg-height=\"3648\"><span>Automakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS</span></p>\n<p>But automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.</p>\n<p>Automakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.</p>\n<p>At the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.</p>\n<p>It’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.</p>\n<p>Compounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.</p>\n<p>The result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.</p>\n<p>Both Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.</p>\n<p>President Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.</p>\n<p>But things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.</p>\n<p>And inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.</p>\n<p>To be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.</p>","source":"yahoofinance_sg","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What the chip shortage means for the US economy</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\">\nWhat the chip shortage means for the US economy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 23:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note,...</p>\n\n<a href=\"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","MSFT":"微软",".SPX":"S&P 500 Index","NVDA":"英伟达","HMC":"本田汽车",".DJI":"道琼斯","GM":"通用汽车","INTC":"英特尔","TM":"丰田汽车","SSNLF":"三星电子","F":"福特汽车","TSM":"台积电"},"source_url":"https://finance.yahoo.com/news/what-the-chip-shortage-means-for-the-us-economy-152607880.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129382543","content_text":"The global computer chip shortage could have larger ramifications than making it harder to buy the latest video game console or more expensive to buy a car. According to a new Goldman Sachs (GS) note, the slowdown in chip availability could in theory smack U.S. GDP by as much as 1% in 2021.\nIn a research note led by Goldman’s Spencer Hill, an analysis looked at the economy-wide effects of the shortage by assuming a 20% chip shortfall that lasts three quarters and affects the 169 U.S. industries that use semiconductors in their products.\n“Some computer chips have no available substitute, and if output of every product that uses chips were to decline proportionately, the drag on 2021 GDP would be around 1%,” the note said, while noting that in reality the drag will likely be smaller, in part, because firms will find ways to reconfigure their products.\nU.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst TPX IMAGES OF THE DAYJonathan Ernst / reuters\nStill, prices on goods impacted by the shortage — including autos and consumer electronics — could also rise by as much as 1% to 3%, which could temporarily boost core inflation by 0.1 to 0.4 percentage points, according to Hill.\nAnd while semiconductors in the U.S. account for 0.3% of the nation’s GDP, the components they go into make up a massive 12%. What’s more, both Intel (INTC) and TSMC, two of the world’s largest chip makers, have said the delays in chip manufacturing could last into 2022.\nWhy there’s a massive global chip shortage\nThe global chip shortage began at the beginning of the pandemic, when automakers, assuming that sales of cars and trucks would collapse due to lockdowns, began slowing purchases of various components including chips.\nThose chips have become essential to autos over the years controlling everything from fuel usage to diagnostics, and their infotainment centers.\nAutomakers across the world have been forced to idle plants due to the global chip shortage. (AP Photo/Carlos Osorio, File)ASSOCIATED PRESS\nBut automotive sales picked up far faster than manufacturers predicted, with the Semiconductor Industry Association (SIA) saying that while purchases of cars and trucks had collapsed in March and April 2020, they had already recovered by Q3 and were higher than 2019 sales in Q4.\nAutomakers are notorious for keeping their supply chains lean to limit over purchasing components. But in this case it backfired spectacularly, as the industry was forced to grab as many chips as they could from semiconductor manufacturers.\nAt the same time that automakers predicted a fall in sales, consumer goods purchases were skyrocketing due to the influx of employers and schools implementing work-from-home and learn-from-home policies. As a result, both industries found themselves competing for semiconductor companies’ manufacturing capacity.\nIt’s not just consumer electronics and automakers that use semiconductors, though. As Hill notes, an estimated 169 U.S. industries embed computer chips into their goods.\nCompounding the problem is the fact that producing computer chips is incredibly time consuming. The SIA says that building chips can take anywhere from three to four months, with more advanced units taking as many as six months to complete.\nThe result is automakers including Ford (F), GM (GM), Honda (HMC), Toyota (TM), and Volkswagen idling factories across the U.S., with automotive production expected to fall between 2% and 6%. On the electronics side, the shortage has caused equally huge headaches including a whopping 60-week delay on goods like computer routers for broadband providers, and chip giant Samsung saying it might have to delay its popular Galaxy Note smartphone until 2022.\nBoth Microsoft (MSFT) and Sony (SONY), which launched their latest game consoles in November, have also been hit by the chip crunch, with customers unable to order the systems for months.\nPresident Joe Biden has even linked the chip shortage in the U.S. to his $2.3 trillion infrastructure plan, saying that the U.S. needs to become the leader in semiconductor manufacturing. The U.S. used to produce some 37% of the world's computer chips. However, outsourcing to Asia has dropped that amount to just 12%.\nBut things may not all be gloom and doom. According to Goldman, a 1% hit to the U.S. GDP could be an outside scenario. It’s more likely that U.S. GDP would take a 0.5% hit, according to Goldman, as companies use fewer or different semiconductor components, and available chips find themselves into higher value products.\nAnd inflation on consumer electronics? That may be temporary, as the surge in semiconductor demand could spur a glut of tech gadgets, which would push prices down in 2022.\nTo be sure, chips and the goods that rely on them will be in short supply for the foreseeable future. But the ultimate result of the shortage may not be as bad as was once feared — as the title of the Goldman note suggests, it is only a “semi-troubling” shortage.","news_type":1},"isVote":1,"tweetType":1,"viewCount":317,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":376582091,"gmtCreate":1619137118413,"gmtModify":1704720136134,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"wow","listText":"wow","text":"wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/376582091","repostId":"2129707339","repostType":4,"repost":{"id":"2129707339","pubTimestamp":1619125200,"share":"https://ttm.financial/m/news/2129707339?lang=&edition=fundamental","pubTime":"2021-04-23 05:00","market":"us","language":"en","title":"Archegos Fiasco Thwarts Nomura’s Push to Join Wall Street Elite","url":"https://stock-news.laohu8.com/highlight/detail?id=2129707339","media":"Bloomberg","summary":"(Bloomberg) -- News of the blowup spread through financial circles in Tokyo to the pulse of a famili","content":"<p>(Bloomberg) -- News of the blowup spread through financial circles in Tokyo to the pulse of a familiar refrain: not again.</p>\n<p>Nomura Holdings Inc. had run into trouble far from home, this time, with the giant implosion of Archegos Capital Management in New York. Few institutions have been as humbled by the Archegos debacle as Nomura, the forever-striving giant of Japanese finance.</p>\n<p>The question now is how, or perhaps whether, Nomura can shake off this latest blow and press on with its global ambitions. Analysts wonder if heads will roll over the Archegos losses or if Nomura will quit certain businesses.</p>\n<p>Whatever happens, breaking into the big leagues in New York looks as daunting as ever, for a brokerage that’s been eyeing Wall Street ever since founder Tokushichi Nomura first toured the city in 1908.</p>\n<p>“Nomura has yet to be able to join the Wall Street club,” said Hideyasu Ban, a finance analyst at Jefferies Financial Group Inc. in Tokyo. “Even those well-established financial firms in the European continent haven’t had many successes in the U.S.”</p>\n<p>Nomura likely trails only Credit Suisse Group AG among banks posting the biggest losses from the family office collapse that saw almost $20 billion vanish in two days. Nomura has only said its claim was about $2 billion. More details on the extent of the damage may emerge Tuesday when the firm reports fourth-quarter results.</p>\n<p>While Nomura wasn’t the only firm caught out by the debacle at Archegos, the setback adds to a list of stumbles for the Japanese firm as it takes on global risk to offset slower growth at home and vies to compete with its larger, more agile U.S. rivals.</p>\n<p><b>Next Steps</b></p>\n<p>Nomura, joined by Japanese peers Mitsubishi UFJ Financial Group Inc. and Mizuho Financial Group Inc. in facing losses linked to Archegos, is already taking steps to deal with the fallout. The firm is tightening credit for hedge fund clients as part of a review of its prime brokerage, which may result in a scaled-back business, people familiar with the matter have said. Nomura is also drawing up a list of clients that will be encouraged to move their business elsewhere because they don’t use the full spectrum of its services, <a href=\"https://laohu8.com/S/AONE\">one</a> person said. Japanese regulators are conducting their own review.</p>\n<p>A representative for Nomura declined to comment. A spokesman for MUFG said the risk controls were working, “but we take it seriously that we were not able to detect it early. We will work to improve and enhance risk management.” The bank declined to name the client behind the loss. A Mizuho spokeswoman declined to comment beyond saying no events would affect its profit forecast.</p>\n<p>The Nomura losses add to the pressure on Kentaro Okuda, a company lifer who took over as chief executive officer a year ago and once ran the North American business. As recently as December, Okuda was downplaying the risk of his global operations.</p>\n<p>“I still feel that our international business is seen as unstable,” he said at a conference. “Thanks to continued efforts over the past few years, we are transforming into an organization capable of delivering consistent revenues in spite of market turbulence.”</p>\n<p>Okuda led a restructuring of the wholesale division starting in 2019 to focus on businesses that Nomura is good at, following three rounds of similar overhauls and cutbacks. The conclusion: the prime brokerage should remain, allowing the firm to lend money and securities to hedge funds and other institutional investors.</p>\n<p>Since it lacks the balance sheet and deposit-taking heft of its bigger U.S. rivals, Nomura also saw an opportunity in small corners of the derivatives markets such as structured finance.</p>\n<p>Despite the push, Nomura has never been a big player in the prime broker space, making the massive Archegos hit all the more surprising. Archegos founder Bill Hwang put on so many bets with so many banks, the lenders weren’t aware of how over leveraged he was until some of the underlying stocks including ViacomCBS Inc. crashed.</p>\n<p>While firms such as Goldman Sachs Group Inc. and Wells Fargo &amp; Co. were able to unload their shares without suffering much damage, the Japanese banks -- along with Credit Suisse and <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> -- were slower off the mark and took bigger hits.</p>\n<p>The Archegos mess signals Nomura is repeating past mistakes of taking on too much risk in a single market, said JPMorgan Chase &amp; Co. analyst Wataru Otsuka.</p>\n<p>“The latest case indicates that there has been some unbalanced risk-taking,” said Otsuka, adding the firm needs to once again determine where in the U.S. market it’s truly competitive. “What investors want to know is whether Nomura’s business is sustainable.”</p>\n<p>Nomura has had other setbacks abroad, and has posted pre-tax losses in the Americas for three of the past five years. Once the largest investment bank in the world by market value in the late 1980s, Nomura tried to leverage the expertise of Lehman Brothers by taking over its European and Asian units in 2008, though that contributed to an 81 billion yen ($750 million) writedown two years ago. It suffered <a href=\"https://laohu8.com/S/AONE.U\">one</a> of its biggest trading losses from the collapse of a bond firm in London in 2015, and closed a real estate finance business in San Francisco two decades ago after posting a $700 million loss.</p>\n<p>Archegos-linked losses at MUFG and Mizuho - estimated at about $270 million and $93 million -- were much smaller but also highlight the risks of stepping out of their comfort zone.</p>\n<p>MUFG and Mizuho have said they aren’t in the prime broker business. Yet they were exposed to Archegos.</p>\n<p>Even with the losses, the Japanese firms are unlikely to resist the siren call of Wall Street, home to the biggest pool of bank fees. Risk taking comes with the territory.</p>\n<p>“You can never become a major international player without doing business in the U.S.,” said Ban.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Archegos Fiasco Thwarts Nomura’s Push to Join Wall Street Elite</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\">\nArchegos Fiasco Thwarts Nomura’s Push to Join Wall Street Elite\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-23 05:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/archegos-fiasco-thwarts-nomura-push-210000988.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- News of the blowup spread through financial circles in Tokyo to the pulse of a familiar refrain: not again.\nNomura Holdings Inc. had run into trouble far from home, this time, with the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/archegos-fiasco-thwarts-nomura-push-210000988.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NMR":"野村控股","MUFG":"三菱日联金融"},"source_url":"https://finance.yahoo.com/news/archegos-fiasco-thwarts-nomura-push-210000988.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2129707339","content_text":"(Bloomberg) -- News of the blowup spread through financial circles in Tokyo to the pulse of a familiar refrain: not again.\nNomura Holdings Inc. had run into trouble far from home, this time, with the giant implosion of Archegos Capital Management in New York. Few institutions have been as humbled by the Archegos debacle as Nomura, the forever-striving giant of Japanese finance.\nThe question now is how, or perhaps whether, Nomura can shake off this latest blow and press on with its global ambitions. Analysts wonder if heads will roll over the Archegos losses or if Nomura will quit certain businesses.\nWhatever happens, breaking into the big leagues in New York looks as daunting as ever, for a brokerage that’s been eyeing Wall Street ever since founder Tokushichi Nomura first toured the city in 1908.\n“Nomura has yet to be able to join the Wall Street club,” said Hideyasu Ban, a finance analyst at Jefferies Financial Group Inc. in Tokyo. “Even those well-established financial firms in the European continent haven’t had many successes in the U.S.”\nNomura likely trails only Credit Suisse Group AG among banks posting the biggest losses from the family office collapse that saw almost $20 billion vanish in two days. Nomura has only said its claim was about $2 billion. More details on the extent of the damage may emerge Tuesday when the firm reports fourth-quarter results.\nWhile Nomura wasn’t the only firm caught out by the debacle at Archegos, the setback adds to a list of stumbles for the Japanese firm as it takes on global risk to offset slower growth at home and vies to compete with its larger, more agile U.S. rivals.\nNext Steps\nNomura, joined by Japanese peers Mitsubishi UFJ Financial Group Inc. and Mizuho Financial Group Inc. in facing losses linked to Archegos, is already taking steps to deal with the fallout. The firm is tightening credit for hedge fund clients as part of a review of its prime brokerage, which may result in a scaled-back business, people familiar with the matter have said. Nomura is also drawing up a list of clients that will be encouraged to move their business elsewhere because they don’t use the full spectrum of its services, one person said. Japanese regulators are conducting their own review.\nA representative for Nomura declined to comment. A spokesman for MUFG said the risk controls were working, “but we take it seriously that we were not able to detect it early. We will work to improve and enhance risk management.” The bank declined to name the client behind the loss. A Mizuho spokeswoman declined to comment beyond saying no events would affect its profit forecast.\nThe Nomura losses add to the pressure on Kentaro Okuda, a company lifer who took over as chief executive officer a year ago and once ran the North American business. As recently as December, Okuda was downplaying the risk of his global operations.\n“I still feel that our international business is seen as unstable,” he said at a conference. “Thanks to continued efforts over the past few years, we are transforming into an organization capable of delivering consistent revenues in spite of market turbulence.”\nOkuda led a restructuring of the wholesale division starting in 2019 to focus on businesses that Nomura is good at, following three rounds of similar overhauls and cutbacks. The conclusion: the prime brokerage should remain, allowing the firm to lend money and securities to hedge funds and other institutional investors.\nSince it lacks the balance sheet and deposit-taking heft of its bigger U.S. rivals, Nomura also saw an opportunity in small corners of the derivatives markets such as structured finance.\nDespite the push, Nomura has never been a big player in the prime broker space, making the massive Archegos hit all the more surprising. Archegos founder Bill Hwang put on so many bets with so many banks, the lenders weren’t aware of how over leveraged he was until some of the underlying stocks including ViacomCBS Inc. crashed.\nWhile firms such as Goldman Sachs Group Inc. and Wells Fargo & Co. were able to unload their shares without suffering much damage, the Japanese banks -- along with Credit Suisse and Morgan Stanley -- were slower off the mark and took bigger hits.\nThe Archegos mess signals Nomura is repeating past mistakes of taking on too much risk in a single market, said JPMorgan Chase & Co. analyst Wataru Otsuka.\n“The latest case indicates that there has been some unbalanced risk-taking,” said Otsuka, adding the firm needs to once again determine where in the U.S. market it’s truly competitive. “What investors want to know is whether Nomura’s business is sustainable.”\nNomura has had other setbacks abroad, and has posted pre-tax losses in the Americas for three of the past five years. Once the largest investment bank in the world by market value in the late 1980s, Nomura tried to leverage the expertise of Lehman Brothers by taking over its European and Asian units in 2008, though that contributed to an 81 billion yen ($750 million) writedown two years ago. It suffered one of its biggest trading losses from the collapse of a bond firm in London in 2015, and closed a real estate finance business in San Francisco two decades ago after posting a $700 million loss.\nArchegos-linked losses at MUFG and Mizuho - estimated at about $270 million and $93 million -- were much smaller but also highlight the risks of stepping out of their comfort zone.\nMUFG and Mizuho have said they aren’t in the prime broker business. Yet they were exposed to Archegos.\nEven with the losses, the Japanese firms are unlikely to resist the siren call of Wall Street, home to the biggest pool of bank fees. Risk taking comes with the territory.\n“You can never become a major international player without doing business in the U.S.,” said Ban.","news_type":1},"isVote":1,"tweetType":1,"viewCount":240,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":376808680,"gmtCreate":1619100758440,"gmtModify":1704719675003,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/376808680","repostId":"1147263213","repostType":4,"repost":{"id":"1147263213","pubTimestamp":1619075516,"share":"https://ttm.financial/m/news/1147263213?lang=&edition=fundamental","pubTime":"2021-04-22 15:11","market":"us","language":"en","title":"Intel Reports Earnings Thursday. Here’s What to Know.","url":"https://stock-news.laohu8.com/highlight/detail?id=1147263213","media":"Barrons","summary":"Weeks after Intel installed chief executive Pat Gelsinger and its rollout of a $20 billion plan to expand its manufacturing operations, the company is set to report its earnings.As part of the plan, Intel said it would once again license its x86 chip designs to other companies, and create a foundry services unit that would produce chips for third parties interested in paying Intel to fabricate semiconductors.Intel didn’t issue precise new financial guidance for the first quarter, but said it exp","content":"<p>Weeks after Intel installed chief executive Pat Gelsinger and its rollout of a $20 billion plan to expand its manufacturing operations, the company is set to report its earnings.</p>\n<p>Investors already have a solid idea of what the report, due after the close of trading on Thursday, will bring. When Gelsinger unveiled the company’s plans for the future in late March,Intel (ticker: INTC) said it expected full-year earnings of $4 a share from revenue of $76.5 billion. Including various adjustments, such as those related to Intel’s sale of its flash-memory business in 2020, EPS is likely to be $4.55, while revenue is expected to be $72 billion, the company said.</p>\n<p>As part of the plan, Intel said it would once again license its x86 chip designs to other companies, and create a foundry services unit that would produce chips for third parties interested in paying Intel to fabricate semiconductors.</p>\n<p>Intel didn’t issue precise new financial guidance for the first quarter, but said it expected results better than its prior forecast. Previously, Intel said it expected adjusted first-quarter earnings of $1.10 a share and revenue of $17.5 billion. The consensus forecast is for adjusted earnings of $1.15 a share from revenue of $17.74 billion.</p>\n<p>Susquehanna Financial Group analyst Christopher Rolland,who called the company’s full-year guidance “underwhelming,” said he is expecting investors to focus on Gelsinger’s long-term plans for the company, and to look for more details about Intel’s next generation chip-making technology. According to the analyst’s data sources, notebook sales were strong in the first quarter, but it is less clear what’s coming through the rest of the year.</p>\n<p>Analysts predict that Intel’s client computing segment, which includes notebook sales, will report first-quarter revenue of $10.02 billion. That is the company’s largest segment, followed by the data center operation, which is expected to report revenue of $5.84 billion.</p>\n<p>Despite Intel’s decision to double down on its manufacturing capabilities, BMO Capital Markets analyst Ambrish Srivastava wrote in a client note Monday that he isn’t expecting executives to offer details about its goals, and their effect on Intel’s financial performance.</p>\n<p>Still, Srivastava said, investors should watch closely for commentary about the impact to the company’s capital spending, profit, and free cash flow, among other things.</p>\n<p>Intel’s report arrives amid a global shortage of semiconductors that is hurting production of goods ranging from appliances to cars and videogame consoles. Gelsinger has previously told&nbsp;<i>Barron’s</i> that he expects the chip shortage to last two years.</p>\n<p>Of the analysts that cover Intel, 43% rate shares at Buy, 34% have Hold ratings, and 23% rate the stock at Sell. The average target for the stock price is $68.71, which implies a return of 8.6%.</p>\n<p>Intel stock advanced 1.6% to $63.70 in Wednesday trading. Shares in the chip maker have gained 12% in the past year, while the PHLX Semiconductor index, or Sox, has doubled.</p>\n<p>Rolland pointed out that since Intel’s most recent quarterly report, its stock has gained 14%, while the Sox rose 5.8%. The analyst said that outperformance may indicate that expectations for the earnings are high, a potential negative for the stock.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Intel Reports Earnings Thursday. Here’s What to Know.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIntel Reports Earnings Thursday. Here’s What to Know.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 15:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/intel-reports-earnings-thursday-heres-what-to-know-51619037330?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Weeks after Intel installed chief executive Pat Gelsinger and its rollout of a $20 billion plan to expand its manufacturing operations, the company is set to report its earnings.\nInvestors already ...</p>\n\n<a href=\"https://www.barrons.com/articles/intel-reports-earnings-thursday-heres-what-to-know-51619037330?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTC":"英特尔"},"source_url":"https://www.barrons.com/articles/intel-reports-earnings-thursday-heres-what-to-know-51619037330?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147263213","content_text":"Weeks after Intel installed chief executive Pat Gelsinger and its rollout of a $20 billion plan to expand its manufacturing operations, the company is set to report its earnings.\nInvestors already have a solid idea of what the report, due after the close of trading on Thursday, will bring. When Gelsinger unveiled the company’s plans for the future in late March,Intel (ticker: INTC) said it expected full-year earnings of $4 a share from revenue of $76.5 billion. Including various adjustments, such as those related to Intel’s sale of its flash-memory business in 2020, EPS is likely to be $4.55, while revenue is expected to be $72 billion, the company said.\nAs part of the plan, Intel said it would once again license its x86 chip designs to other companies, and create a foundry services unit that would produce chips for third parties interested in paying Intel to fabricate semiconductors.\nIntel didn’t issue precise new financial guidance for the first quarter, but said it expected results better than its prior forecast. Previously, Intel said it expected adjusted first-quarter earnings of $1.10 a share and revenue of $17.5 billion. The consensus forecast is for adjusted earnings of $1.15 a share from revenue of $17.74 billion.\nSusquehanna Financial Group analyst Christopher Rolland,who called the company’s full-year guidance “underwhelming,” said he is expecting investors to focus on Gelsinger’s long-term plans for the company, and to look for more details about Intel’s next generation chip-making technology. According to the analyst’s data sources, notebook sales were strong in the first quarter, but it is less clear what’s coming through the rest of the year.\nAnalysts predict that Intel’s client computing segment, which includes notebook sales, will report first-quarter revenue of $10.02 billion. That is the company’s largest segment, followed by the data center operation, which is expected to report revenue of $5.84 billion.\nDespite Intel’s decision to double down on its manufacturing capabilities, BMO Capital Markets analyst Ambrish Srivastava wrote in a client note Monday that he isn’t expecting executives to offer details about its goals, and their effect on Intel’s financial performance.\nStill, Srivastava said, investors should watch closely for commentary about the impact to the company’s capital spending, profit, and free cash flow, among other things.\nIntel’s report arrives amid a global shortage of semiconductors that is hurting production of goods ranging from appliances to cars and videogame consoles. Gelsinger has previously told Barron’s that he expects the chip shortage to last two years.\nOf the analysts that cover Intel, 43% rate shares at Buy, 34% have Hold ratings, and 23% rate the stock at Sell. The average target for the stock price is $68.71, which implies a return of 8.6%.\nIntel stock advanced 1.6% to $63.70 in Wednesday trading. Shares in the chip maker have gained 12% in the past year, while the PHLX Semiconductor index, or Sox, has doubled.\nRolland pointed out that since Intel’s most recent quarterly report, its stock has gained 14%, while the Sox rose 5.8%. The analyst said that outperformance may indicate that expectations for the earnings are high, a potential negative for the stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":185,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":378101528,"gmtCreate":1619007531664,"gmtModify":1704718184493,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"IPO","listText":"IPO","text":"IPO","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/378101528","repostId":"2129829074","repostType":4,"repost":{"id":"2129829074","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":1618979520,"share":"https://ttm.financial/m/news/2129829074?lang=&edition=fundamental","pubTime":"2021-04-21 12:32","market":"us","language":"en","title":"UiPath IPO: 5 things to know about the 'software robots' company valued at nearly $30 billion","url":"https://stock-news.laohu8.com/highlight/detail?id=2129829074","media":"Dow Jones","summary":"UiPath increased customers by 33% during pandemic by making automation software that is marketed toward employees without software-development knowledge or experience.UiPath Inc. is launching its initial public offering at a valuation close to what it received from venture-capital investors, with help from automation it cheerfully calls \"software robots.\". UiPath $$ makes software that helps automate business tasks, and sets itself apart from rivals by allowing employees without coding experienc","content":"<blockquote>UiPath increased customers by 33% during pandemic by making automation software that is marketed toward employees without software-development knowledge or experience.</blockquote><p>UiPath Inc. is launching its initial public offering at a valuation close to what it received from venture-capital investors, with help from automation it cheerfully calls \"software robots.\"</p><p>UiPath <a href=\"https://laohu8.com/S/PATH.UK\">$(PATH.UK)$</a> makes software that helps automate business tasks, and sets itself apart from rivals by allowing employees without coding experience to customize artificial-intelligence capabilities.</p><p>\"Traditional automation solutions intended to reduce this friction have generally been designed to be used by developers and engineers, rather than the employees directly involved in executing the actual work being automated,\" the company said in its filing with the Securities and Exchange Commission.</p><p>\"Our platform leverages the power of artificial intelligence, or AI, based computer vision to enable our software robots to perform a vast array of actions as a human would when executing business processes,\" the company said. \"These actions include, but are not limited to, logging into applications, extracting information from documents, moving folders, filling in forms, and updating information fields and databases.\"</p><p>Late Tuesday, UiPath priced its IPO at $56 a share, raising more than $1.3 billion and giving the company an initial market capitalization of $29.1 billion, which is less than the self-valuation of $35 billion  following a $750 million round of venture funding on Feb. 1. It's expected to begin trading Wednesday on the New York Stock Exchange under the ticker \"PATH.\"</p><p>UiPath originally filed for its IPO on March 26   have opted for a direct listing instead.</p><p>The New York-based company originally said it was registering up to 24.5 million shares, at a range of $43 to $50 a share, to raise up to $1.22 billion. On Monday, it hiked the range to between $52 and $54 a share  and increased the number of shares it planned to offer.</p><p><a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>, J.P. Morgan, B of A Securities, Credit Suisse, Barclays, and Wells Fargo Securities are among the underwriters.</p><p><b>Here are five things to know about UiPath:</b></p><p><b>The 'humble' company notes rapid expansion</b></p><p>In the S-1, UiPath Chief Executive, Chairman and co-founder Daniel Dines wrote about his company having \"humility\" as a core value, in that it allows its developers to listen and adapt quickly to the needs of the customer. Founded in Bucharest, Romania, in 2005, the company was incorporated in Delaware six years ago after working its way up from \"10 people in an apartment in Romania,\" Dines wrote.</p><p>\"We went against the rules of perfecting the business model first in <a href=\"https://laohu8.com/S/AONE\">one</a> territory, and instead we rapidly expanded globally to the United States, Europe, and Asia simultaneously,\" the CEO wrote in a letter.</p><p>At a current annualized renewal run rate, or ARR, of $580 million, UiPath bills itself as \"<a href=\"https://laohu8.com/S/AONE.U\">one</a> of the fastest-growing modern enterprise software companies ever.\" ARR is a metric often used by software-as-a-service companies to show how much revenue the company can expect based on subscriptions.</p><p>While UiPath notes International Data Corp. sees the automation software market at $17 billion in 2020, with an expected rise to $30 billion by 2024, the company said its \"fully automated enterprise\" software gives it a current market opportunity of more than $60 billion.</p><p><b>CEO holds most of the cards</b></p><p>Since 2015, UiPath has raised about $2 billion in eight funding rounds, according to Crunchbase. That funding doesn't appear to have bought much voting power in the company, though.</p><p>UiPath's Class B shares carry 35 votes, while Class A shares -- being offered in the IPO -- carry one vote. The S-1 filing revealed that CEO Dines holds 100% of the Class B shares and 6.5% of the Class A shares, for 88.1% of the voting power.</p><p>The only entity that comes close to that is venture-capital firm Accel, which began building its stake in 2017, and now claims about 101 million Class A shares, or 24% of those shares, for 3.1% of the voting power. Earlybird Management, with 9.5% of Class A shares, commands 1.2% of the votes.</p><p><b>The company has reined in expenses</b></p><p>For the fiscal year 2021 ended Jan. 30, the company booked $607.6 million in revenue for a loss of $92.4 million, compared with $336.2 million in revenue for a loss of $519.9 million in fiscal 2020. In 2018, UiPath reported fiscal 2019 revenue of $148.5 million and a loss of $261.6 million.</p><p>As revenue rose 81% for fiscal 2021, UiPath reduced sales and marketing costs by 21%, research and development costs by 16%, and general and administrative expenses by 10%.</p><p><b>No specific plans for the funds</b></p><p>If underwriters exercise all option for shares in the offering, UiPath expects to bring in net proceeds of about $1.34 billion, based on a $56 stock price. With about $357.7 million in ready cash on the books as of Jan. 31, the company isn't earmarking raised capital for any specific use.</p><p>\"As of the date of this prospectus, we cannot specify with certainty all of the particular uses for the net proceeds to us from this offering,\" the company said in its April 19 filing. \"However, we currently intend to use the net proceeds we receive from this offering for general corporate purposes, including working capital, operating expenses, and capital expenditures.\"</p><p><b>COVID-19 boosted diverse customer base</b></p><p>As of Jan. 31, the company claimed having nearly 8,000 customers, with 63% of the those in the Fortune Global 500. About 1,000 of those customers account for more than $100,000 in ARR apiece, UiPath said. The company highlighted such customers as Adobe Inc. <a href=\"https://laohu8.com/S/ADBE\">$(ADBE)$</a>, Applied Materials Inc. <a href=\"https://laohu8.com/S/AMAT\">$(AMAT)$</a>, Chevron Corp. <a href=\"https://laohu8.com/S/CVX\">$(CVX)$</a>, Chipotle Mexican Grill Inc. <a href=\"https://laohu8.com/S/CMG\">$(CMG)$</a>, CrowdStrike Holdings Inc. <a href=\"https://laohu8.com/S/CRWD\">$(CRWD)$</a>, CVS Health Corp. <a href=\"https://laohu8.com/S/CVS\">$(CVS)$</a> and Uber Technologies Inc. <a href=\"https://laohu8.com/S/UBER\">$(UBER)$</a>.</p><p>That's compared with the 700-or-so customers the company claimed in 2018.</p><p>The company's current customer base is spread out enough where one customer can't upset revenue significantly.  \"No customer or channel partner accounted for more than 10% of our revenue for the year-ended January 31, 2021,\" according to the S-1.</p><p>Meanwhile, the COVID-19 pandemic helped. On Jan. 31, 2020, the company said it had about 6,000 customers, so during the year of the pandemic alone, UiPath grew its number of customers by 33%.</p><p>\"As the pandemic persisted, global demand for automation continued to accelerate as automation became essential for business execution and performance in a remote working environment,\" UiPath said.</p><p>\"While the pandemic may have accelerated the adoption of automation, the need for organizations to address extraordinary cost pressures, preserve and grow revenue, and adapt to ever-evolving end-customer needs illustrates the durability of the demand for digital transformation and the resilience and power of automation in even the most challenging times,\" according to the company.</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>UiPath IPO: 5 things to know about the 'software robots' company valued at nearly $30 billion</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; 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}\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\">\nUiPath IPO: 5 things to know about the 'software robots' company valued at nearly $30 billion\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\">2021-04-21 12:32</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>UiPath increased customers by 33% during pandemic by making automation software that is marketed toward employees without software-development knowledge or experience.</blockquote><p>UiPath Inc. is launching its initial public offering at a valuation close to what it received from venture-capital investors, with help from automation it cheerfully calls \"software robots.\"</p><p>UiPath <a href=\"https://laohu8.com/S/PATH.UK\">$(PATH.UK)$</a> makes software that helps automate business tasks, and sets itself apart from rivals by allowing employees without coding experience to customize artificial-intelligence capabilities.</p><p>\"Traditional automation solutions intended to reduce this friction have generally been designed to be used by developers and engineers, rather than the employees directly involved in executing the actual work being automated,\" the company said in its filing with the Securities and Exchange Commission.</p><p>\"Our platform leverages the power of artificial intelligence, or AI, based computer vision to enable our software robots to perform a vast array of actions as a human would when executing business processes,\" the company said. \"These actions include, but are not limited to, logging into applications, extracting information from documents, moving folders, filling in forms, and updating information fields and databases.\"</p><p>Late Tuesday, UiPath priced its IPO at $56 a share, raising more than $1.3 billion and giving the company an initial market capitalization of $29.1 billion, which is less than the self-valuation of $35 billion  following a $750 million round of venture funding on Feb. 1. It's expected to begin trading Wednesday on the New York Stock Exchange under the ticker \"PATH.\"</p><p>UiPath originally filed for its IPO on March 26   have opted for a direct listing instead.</p><p>The New York-based company originally said it was registering up to 24.5 million shares, at a range of $43 to $50 a share, to raise up to $1.22 billion. On Monday, it hiked the range to between $52 and $54 a share  and increased the number of shares it planned to offer.</p><p><a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>, J.P. Morgan, B of A Securities, Credit Suisse, Barclays, and Wells Fargo Securities are among the underwriters.</p><p><b>Here are five things to know about UiPath:</b></p><p><b>The 'humble' company notes rapid expansion</b></p><p>In the S-1, UiPath Chief Executive, Chairman and co-founder Daniel Dines wrote about his company having \"humility\" as a core value, in that it allows its developers to listen and adapt quickly to the needs of the customer. Founded in Bucharest, Romania, in 2005, the company was incorporated in Delaware six years ago after working its way up from \"10 people in an apartment in Romania,\" Dines wrote.</p><p>\"We went against the rules of perfecting the business model first in <a href=\"https://laohu8.com/S/AONE\">one</a> territory, and instead we rapidly expanded globally to the United States, Europe, and Asia simultaneously,\" the CEO wrote in a letter.</p><p>At a current annualized renewal run rate, or ARR, of $580 million, UiPath bills itself as \"<a href=\"https://laohu8.com/S/AONE.U\">one</a> of the fastest-growing modern enterprise software companies ever.\" ARR is a metric often used by software-as-a-service companies to show how much revenue the company can expect based on subscriptions.</p><p>While UiPath notes International Data Corp. sees the automation software market at $17 billion in 2020, with an expected rise to $30 billion by 2024, the company said its \"fully automated enterprise\" software gives it a current market opportunity of more than $60 billion.</p><p><b>CEO holds most of the cards</b></p><p>Since 2015, UiPath has raised about $2 billion in eight funding rounds, according to Crunchbase. That funding doesn't appear to have bought much voting power in the company, though.</p><p>UiPath's Class B shares carry 35 votes, while Class A shares -- being offered in the IPO -- carry one vote. The S-1 filing revealed that CEO Dines holds 100% of the Class B shares and 6.5% of the Class A shares, for 88.1% of the voting power.</p><p>The only entity that comes close to that is venture-capital firm Accel, which began building its stake in 2017, and now claims about 101 million Class A shares, or 24% of those shares, for 3.1% of the voting power. Earlybird Management, with 9.5% of Class A shares, commands 1.2% of the votes.</p><p><b>The company has reined in expenses</b></p><p>For the fiscal year 2021 ended Jan. 30, the company booked $607.6 million in revenue for a loss of $92.4 million, compared with $336.2 million in revenue for a loss of $519.9 million in fiscal 2020. In 2018, UiPath reported fiscal 2019 revenue of $148.5 million and a loss of $261.6 million.</p><p>As revenue rose 81% for fiscal 2021, UiPath reduced sales and marketing costs by 21%, research and development costs by 16%, and general and administrative expenses by 10%.</p><p><b>No specific plans for the funds</b></p><p>If underwriters exercise all option for shares in the offering, UiPath expects to bring in net proceeds of about $1.34 billion, based on a $56 stock price. With about $357.7 million in ready cash on the books as of Jan. 31, the company isn't earmarking raised capital for any specific use.</p><p>\"As of the date of this prospectus, we cannot specify with certainty all of the particular uses for the net proceeds to us from this offering,\" the company said in its April 19 filing. \"However, we currently intend to use the net proceeds we receive from this offering for general corporate purposes, including working capital, operating expenses, and capital expenditures.\"</p><p><b>COVID-19 boosted diverse customer base</b></p><p>As of Jan. 31, the company claimed having nearly 8,000 customers, with 63% of the those in the Fortune Global 500. About 1,000 of those customers account for more than $100,000 in ARR apiece, UiPath said. The company highlighted such customers as Adobe Inc. <a href=\"https://laohu8.com/S/ADBE\">$(ADBE)$</a>, Applied Materials Inc. <a href=\"https://laohu8.com/S/AMAT\">$(AMAT)$</a>, Chevron Corp. <a href=\"https://laohu8.com/S/CVX\">$(CVX)$</a>, Chipotle Mexican Grill Inc. <a href=\"https://laohu8.com/S/CMG\">$(CMG)$</a>, CrowdStrike Holdings Inc. <a href=\"https://laohu8.com/S/CRWD\">$(CRWD)$</a>, CVS Health Corp. <a href=\"https://laohu8.com/S/CVS\">$(CVS)$</a> and Uber Technologies Inc. <a href=\"https://laohu8.com/S/UBER\">$(UBER)$</a>.</p><p>That's compared with the 700-or-so customers the company claimed in 2018.</p><p>The company's current customer base is spread out enough where one customer can't upset revenue significantly.  \"No customer or channel partner accounted for more than 10% of our revenue for the year-ended January 31, 2021,\" according to the S-1.</p><p>Meanwhile, the COVID-19 pandemic helped. On Jan. 31, 2020, the company said it had about 6,000 customers, so during the year of the pandemic alone, UiPath grew its number of customers by 33%.</p><p>\"As the pandemic persisted, global demand for automation continued to accelerate as automation became essential for business execution and performance in a remote working environment,\" UiPath said.</p><p>\"While the pandemic may have accelerated the adoption of automation, the need for organizations to address extraordinary cost pressures, preserve and grow revenue, and adapt to ever-evolving end-customer needs illustrates the durability of the demand for digital transformation and the resilience and power of automation in even the most challenging times,\" according to the company.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TERN":"Terns Pharmaceuticals, Inc.","CRCT":"Cricut, Inc.","PATH":"UiPath"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129829074","content_text":"UiPath increased customers by 33% during pandemic by making automation software that is marketed toward employees without software-development knowledge or experience.UiPath Inc. is launching its initial public offering at a valuation close to what it received from venture-capital investors, with help from automation it cheerfully calls \"software robots.\"UiPath $(PATH.UK)$ makes software that helps automate business tasks, and sets itself apart from rivals by allowing employees without coding experience to customize artificial-intelligence capabilities.\"Traditional automation solutions intended to reduce this friction have generally been designed to be used by developers and engineers, rather than the employees directly involved in executing the actual work being automated,\" the company said in its filing with the Securities and Exchange Commission.\"Our platform leverages the power of artificial intelligence, or AI, based computer vision to enable our software robots to perform a vast array of actions as a human would when executing business processes,\" the company said. \"These actions include, but are not limited to, logging into applications, extracting information from documents, moving folders, filling in forms, and updating information fields and databases.\"Late Tuesday, UiPath priced its IPO at $56 a share, raising more than $1.3 billion and giving the company an initial market capitalization of $29.1 billion, which is less than the self-valuation of $35 billion  following a $750 million round of venture funding on Feb. 1. It's expected to begin trading Wednesday on the New York Stock Exchange under the ticker \"PATH.\"UiPath originally filed for its IPO on March 26   have opted for a direct listing instead.The New York-based company originally said it was registering up to 24.5 million shares, at a range of $43 to $50 a share, to raise up to $1.22 billion. On Monday, it hiked the range to between $52 and $54 a share  and increased the number of shares it planned to offer.Morgan Stanley, J.P. Morgan, B of A Securities, Credit Suisse, Barclays, and Wells Fargo Securities are among the underwriters.Here are five things to know about UiPath:The 'humble' company notes rapid expansionIn the S-1, UiPath Chief Executive, Chairman and co-founder Daniel Dines wrote about his company having \"humility\" as a core value, in that it allows its developers to listen and adapt quickly to the needs of the customer. Founded in Bucharest, Romania, in 2005, the company was incorporated in Delaware six years ago after working its way up from \"10 people in an apartment in Romania,\" Dines wrote.\"We went against the rules of perfecting the business model first in one territory, and instead we rapidly expanded globally to the United States, Europe, and Asia simultaneously,\" the CEO wrote in a letter.At a current annualized renewal run rate, or ARR, of $580 million, UiPath bills itself as \"one of the fastest-growing modern enterprise software companies ever.\" ARR is a metric often used by software-as-a-service companies to show how much revenue the company can expect based on subscriptions.While UiPath notes International Data Corp. sees the automation software market at $17 billion in 2020, with an expected rise to $30 billion by 2024, the company said its \"fully automated enterprise\" software gives it a current market opportunity of more than $60 billion.CEO holds most of the cardsSince 2015, UiPath has raised about $2 billion in eight funding rounds, according to Crunchbase. That funding doesn't appear to have bought much voting power in the company, though.UiPath's Class B shares carry 35 votes, while Class A shares -- being offered in the IPO -- carry one vote. The S-1 filing revealed that CEO Dines holds 100% of the Class B shares and 6.5% of the Class A shares, for 88.1% of the voting power.The only entity that comes close to that is venture-capital firm Accel, which began building its stake in 2017, and now claims about 101 million Class A shares, or 24% of those shares, for 3.1% of the voting power. Earlybird Management, with 9.5% of Class A shares, commands 1.2% of the votes.The company has reined in expensesFor the fiscal year 2021 ended Jan. 30, the company booked $607.6 million in revenue for a loss of $92.4 million, compared with $336.2 million in revenue for a loss of $519.9 million in fiscal 2020. In 2018, UiPath reported fiscal 2019 revenue of $148.5 million and a loss of $261.6 million.As revenue rose 81% for fiscal 2021, UiPath reduced sales and marketing costs by 21%, research and development costs by 16%, and general and administrative expenses by 10%.No specific plans for the fundsIf underwriters exercise all option for shares in the offering, UiPath expects to bring in net proceeds of about $1.34 billion, based on a $56 stock price. With about $357.7 million in ready cash on the books as of Jan. 31, the company isn't earmarking raised capital for any specific use.\"As of the date of this prospectus, we cannot specify with certainty all of the particular uses for the net proceeds to us from this offering,\" the company said in its April 19 filing. \"However, we currently intend to use the net proceeds we receive from this offering for general corporate purposes, including working capital, operating expenses, and capital expenditures.\"COVID-19 boosted diverse customer baseAs of Jan. 31, the company claimed having nearly 8,000 customers, with 63% of the those in the Fortune Global 500. About 1,000 of those customers account for more than $100,000 in ARR apiece, UiPath said. The company highlighted such customers as Adobe Inc. $(ADBE)$, Applied Materials Inc. $(AMAT)$, Chevron Corp. $(CVX)$, Chipotle Mexican Grill Inc. $(CMG)$, CrowdStrike Holdings Inc. $(CRWD)$, CVS Health Corp. $(CVS)$ and Uber Technologies Inc. $(UBER)$.That's compared with the 700-or-so customers the company claimed in 2018.The company's current customer base is spread out enough where one customer can't upset revenue significantly.  \"No customer or channel partner accounted for more than 10% of our revenue for the year-ended January 31, 2021,\" according to the S-1.Meanwhile, the COVID-19 pandemic helped. On Jan. 31, 2020, the company said it had about 6,000 customers, so during the year of the pandemic alone, UiPath grew its number of customers by 33%.\"As the pandemic persisted, global demand for automation continued to accelerate as automation became essential for business execution and performance in a remote working environment,\" UiPath said.\"While the pandemic may have accelerated the adoption of automation, the need for organizations to address extraordinary cost pressures, preserve and grow revenue, and adapt to ever-evolving end-customer needs illustrates the durability of the demand for digital transformation and the resilience and power of automation in even the most challenging times,\" according to the company.","news_type":1},"isVote":1,"tweetType":1,"viewCount":160,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":378101073,"gmtCreate":1619007440992,"gmtModify":1704718183360,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"IPO","listText":"IPO","text":"IPO","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/378101073","repostId":"2129829074","repostType":4,"repost":{"id":"2129829074","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":1618979520,"share":"https://ttm.financial/m/news/2129829074?lang=&edition=fundamental","pubTime":"2021-04-21 12:32","market":"us","language":"en","title":"UiPath IPO: 5 things to know about the 'software robots' company valued at nearly $30 billion","url":"https://stock-news.laohu8.com/highlight/detail?id=2129829074","media":"Dow Jones","summary":"UiPath increased customers by 33% during pandemic by making automation software that is marketed toward employees without software-development knowledge or experience.UiPath Inc. is launching its initial public offering at a valuation close to what it received from venture-capital investors, with help from automation it cheerfully calls \"software robots.\". UiPath $$ makes software that helps automate business tasks, and sets itself apart from rivals by allowing employees without coding experienc","content":"<blockquote>UiPath increased customers by 33% during pandemic by making automation software that is marketed toward employees without software-development knowledge or experience.</blockquote><p>UiPath Inc. is launching its initial public offering at a valuation close to what it received from venture-capital investors, with help from automation it cheerfully calls \"software robots.\"</p><p>UiPath <a href=\"https://laohu8.com/S/PATH.UK\">$(PATH.UK)$</a> makes software that helps automate business tasks, and sets itself apart from rivals by allowing employees without coding experience to customize artificial-intelligence capabilities.</p><p>\"Traditional automation solutions intended to reduce this friction have generally been designed to be used by developers and engineers, rather than the employees directly involved in executing the actual work being automated,\" the company said in its filing with the Securities and Exchange Commission.</p><p>\"Our platform leverages the power of artificial intelligence, or AI, based computer vision to enable our software robots to perform a vast array of actions as a human would when executing business processes,\" the company said. \"These actions include, but are not limited to, logging into applications, extracting information from documents, moving folders, filling in forms, and updating information fields and databases.\"</p><p>Late Tuesday, UiPath priced its IPO at $56 a share, raising more than $1.3 billion and giving the company an initial market capitalization of $29.1 billion, which is less than the self-valuation of $35 billion  following a $750 million round of venture funding on Feb. 1. It's expected to begin trading Wednesday on the New York Stock Exchange under the ticker \"PATH.\"</p><p>UiPath originally filed for its IPO on March 26   have opted for a direct listing instead.</p><p>The New York-based company originally said it was registering up to 24.5 million shares, at a range of $43 to $50 a share, to raise up to $1.22 billion. On Monday, it hiked the range to between $52 and $54 a share  and increased the number of shares it planned to offer.</p><p><a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>, J.P. Morgan, B of A Securities, Credit Suisse, Barclays, and Wells Fargo Securities are among the underwriters.</p><p><b>Here are five things to know about UiPath:</b></p><p><b>The 'humble' company notes rapid expansion</b></p><p>In the S-1, UiPath Chief Executive, Chairman and co-founder Daniel Dines wrote about his company having \"humility\" as a core value, in that it allows its developers to listen and adapt quickly to the needs of the customer. Founded in Bucharest, Romania, in 2005, the company was incorporated in Delaware six years ago after working its way up from \"10 people in an apartment in Romania,\" Dines wrote.</p><p>\"We went against the rules of perfecting the business model first in <a href=\"https://laohu8.com/S/AONE\">one</a> territory, and instead we rapidly expanded globally to the United States, Europe, and Asia simultaneously,\" the CEO wrote in a letter.</p><p>At a current annualized renewal run rate, or ARR, of $580 million, UiPath bills itself as \"<a href=\"https://laohu8.com/S/AONE.U\">one</a> of the fastest-growing modern enterprise software companies ever.\" ARR is a metric often used by software-as-a-service companies to show how much revenue the company can expect based on subscriptions.</p><p>While UiPath notes International Data Corp. sees the automation software market at $17 billion in 2020, with an expected rise to $30 billion by 2024, the company said its \"fully automated enterprise\" software gives it a current market opportunity of more than $60 billion.</p><p><b>CEO holds most of the cards</b></p><p>Since 2015, UiPath has raised about $2 billion in eight funding rounds, according to Crunchbase. That funding doesn't appear to have bought much voting power in the company, though.</p><p>UiPath's Class B shares carry 35 votes, while Class A shares -- being offered in the IPO -- carry one vote. The S-1 filing revealed that CEO Dines holds 100% of the Class B shares and 6.5% of the Class A shares, for 88.1% of the voting power.</p><p>The only entity that comes close to that is venture-capital firm Accel, which began building its stake in 2017, and now claims about 101 million Class A shares, or 24% of those shares, for 3.1% of the voting power. Earlybird Management, with 9.5% of Class A shares, commands 1.2% of the votes.</p><p><b>The company has reined in expenses</b></p><p>For the fiscal year 2021 ended Jan. 30, the company booked $607.6 million in revenue for a loss of $92.4 million, compared with $336.2 million in revenue for a loss of $519.9 million in fiscal 2020. In 2018, UiPath reported fiscal 2019 revenue of $148.5 million and a loss of $261.6 million.</p><p>As revenue rose 81% for fiscal 2021, UiPath reduced sales and marketing costs by 21%, research and development costs by 16%, and general and administrative expenses by 10%.</p><p><b>No specific plans for the funds</b></p><p>If underwriters exercise all option for shares in the offering, UiPath expects to bring in net proceeds of about $1.34 billion, based on a $56 stock price. With about $357.7 million in ready cash on the books as of Jan. 31, the company isn't earmarking raised capital for any specific use.</p><p>\"As of the date of this prospectus, we cannot specify with certainty all of the particular uses for the net proceeds to us from this offering,\" the company said in its April 19 filing. \"However, we currently intend to use the net proceeds we receive from this offering for general corporate purposes, including working capital, operating expenses, and capital expenditures.\"</p><p><b>COVID-19 boosted diverse customer base</b></p><p>As of Jan. 31, the company claimed having nearly 8,000 customers, with 63% of the those in the Fortune Global 500. About 1,000 of those customers account for more than $100,000 in ARR apiece, UiPath said. The company highlighted such customers as Adobe Inc. <a href=\"https://laohu8.com/S/ADBE\">$(ADBE)$</a>, Applied Materials Inc. <a href=\"https://laohu8.com/S/AMAT\">$(AMAT)$</a>, Chevron Corp. <a href=\"https://laohu8.com/S/CVX\">$(CVX)$</a>, Chipotle Mexican Grill Inc. <a href=\"https://laohu8.com/S/CMG\">$(CMG)$</a>, CrowdStrike Holdings Inc. <a href=\"https://laohu8.com/S/CRWD\">$(CRWD)$</a>, CVS Health Corp. <a href=\"https://laohu8.com/S/CVS\">$(CVS)$</a> and Uber Technologies Inc. <a href=\"https://laohu8.com/S/UBER\">$(UBER)$</a>.</p><p>That's compared with the 700-or-so customers the company claimed in 2018.</p><p>The company's current customer base is spread out enough where one customer can't upset revenue significantly.  \"No customer or channel partner accounted for more than 10% of our revenue for the year-ended January 31, 2021,\" according to the S-1.</p><p>Meanwhile, the COVID-19 pandemic helped. On Jan. 31, 2020, the company said it had about 6,000 customers, so during the year of the pandemic alone, UiPath grew its number of customers by 33%.</p><p>\"As the pandemic persisted, global demand for automation continued to accelerate as automation became essential for business execution and performance in a remote working environment,\" UiPath said.</p><p>\"While the pandemic may have accelerated the adoption of automation, the need for organizations to address extraordinary cost pressures, preserve and grow revenue, and adapt to ever-evolving end-customer needs illustrates the durability of the demand for digital transformation and the resilience and power of automation in even the most challenging times,\" according to the company.</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>UiPath IPO: 5 things to know about the 'software robots' company valued at nearly $30 billion</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\">\nUiPath IPO: 5 things to know about the 'software robots' company valued at nearly $30 billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-04-21 12:32</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>UiPath increased customers by 33% during pandemic by making automation software that is marketed toward employees without software-development knowledge or experience.</blockquote><p>UiPath Inc. is launching its initial public offering at a valuation close to what it received from venture-capital investors, with help from automation it cheerfully calls \"software robots.\"</p><p>UiPath <a href=\"https://laohu8.com/S/PATH.UK\">$(PATH.UK)$</a> makes software that helps automate business tasks, and sets itself apart from rivals by allowing employees without coding experience to customize artificial-intelligence capabilities.</p><p>\"Traditional automation solutions intended to reduce this friction have generally been designed to be used by developers and engineers, rather than the employees directly involved in executing the actual work being automated,\" the company said in its filing with the Securities and Exchange Commission.</p><p>\"Our platform leverages the power of artificial intelligence, or AI, based computer vision to enable our software robots to perform a vast array of actions as a human would when executing business processes,\" the company said. \"These actions include, but are not limited to, logging into applications, extracting information from documents, moving folders, filling in forms, and updating information fields and databases.\"</p><p>Late Tuesday, UiPath priced its IPO at $56 a share, raising more than $1.3 billion and giving the company an initial market capitalization of $29.1 billion, which is less than the self-valuation of $35 billion  following a $750 million round of venture funding on Feb. 1. It's expected to begin trading Wednesday on the New York Stock Exchange under the ticker \"PATH.\"</p><p>UiPath originally filed for its IPO on March 26   have opted for a direct listing instead.</p><p>The New York-based company originally said it was registering up to 24.5 million shares, at a range of $43 to $50 a share, to raise up to $1.22 billion. On Monday, it hiked the range to between $52 and $54 a share  and increased the number of shares it planned to offer.</p><p><a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>, J.P. Morgan, B of A Securities, Credit Suisse, Barclays, and Wells Fargo Securities are among the underwriters.</p><p><b>Here are five things to know about UiPath:</b></p><p><b>The 'humble' company notes rapid expansion</b></p><p>In the S-1, UiPath Chief Executive, Chairman and co-founder Daniel Dines wrote about his company having \"humility\" as a core value, in that it allows its developers to listen and adapt quickly to the needs of the customer. Founded in Bucharest, Romania, in 2005, the company was incorporated in Delaware six years ago after working its way up from \"10 people in an apartment in Romania,\" Dines wrote.</p><p>\"We went against the rules of perfecting the business model first in <a href=\"https://laohu8.com/S/AONE\">one</a> territory, and instead we rapidly expanded globally to the United States, Europe, and Asia simultaneously,\" the CEO wrote in a letter.</p><p>At a current annualized renewal run rate, or ARR, of $580 million, UiPath bills itself as \"<a href=\"https://laohu8.com/S/AONE.U\">one</a> of the fastest-growing modern enterprise software companies ever.\" ARR is a metric often used by software-as-a-service companies to show how much revenue the company can expect based on subscriptions.</p><p>While UiPath notes International Data Corp. sees the automation software market at $17 billion in 2020, with an expected rise to $30 billion by 2024, the company said its \"fully automated enterprise\" software gives it a current market opportunity of more than $60 billion.</p><p><b>CEO holds most of the cards</b></p><p>Since 2015, UiPath has raised about $2 billion in eight funding rounds, according to Crunchbase. That funding doesn't appear to have bought much voting power in the company, though.</p><p>UiPath's Class B shares carry 35 votes, while Class A shares -- being offered in the IPO -- carry one vote. The S-1 filing revealed that CEO Dines holds 100% of the Class B shares and 6.5% of the Class A shares, for 88.1% of the voting power.</p><p>The only entity that comes close to that is venture-capital firm Accel, which began building its stake in 2017, and now claims about 101 million Class A shares, or 24% of those shares, for 3.1% of the voting power. Earlybird Management, with 9.5% of Class A shares, commands 1.2% of the votes.</p><p><b>The company has reined in expenses</b></p><p>For the fiscal year 2021 ended Jan. 30, the company booked $607.6 million in revenue for a loss of $92.4 million, compared with $336.2 million in revenue for a loss of $519.9 million in fiscal 2020. In 2018, UiPath reported fiscal 2019 revenue of $148.5 million and a loss of $261.6 million.</p><p>As revenue rose 81% for fiscal 2021, UiPath reduced sales and marketing costs by 21%, research and development costs by 16%, and general and administrative expenses by 10%.</p><p><b>No specific plans for the funds</b></p><p>If underwriters exercise all option for shares in the offering, UiPath expects to bring in net proceeds of about $1.34 billion, based on a $56 stock price. With about $357.7 million in ready cash on the books as of Jan. 31, the company isn't earmarking raised capital for any specific use.</p><p>\"As of the date of this prospectus, we cannot specify with certainty all of the particular uses for the net proceeds to us from this offering,\" the company said in its April 19 filing. \"However, we currently intend to use the net proceeds we receive from this offering for general corporate purposes, including working capital, operating expenses, and capital expenditures.\"</p><p><b>COVID-19 boosted diverse customer base</b></p><p>As of Jan. 31, the company claimed having nearly 8,000 customers, with 63% of the those in the Fortune Global 500. About 1,000 of those customers account for more than $100,000 in ARR apiece, UiPath said. The company highlighted such customers as Adobe Inc. <a href=\"https://laohu8.com/S/ADBE\">$(ADBE)$</a>, Applied Materials Inc. <a href=\"https://laohu8.com/S/AMAT\">$(AMAT)$</a>, Chevron Corp. <a href=\"https://laohu8.com/S/CVX\">$(CVX)$</a>, Chipotle Mexican Grill Inc. <a href=\"https://laohu8.com/S/CMG\">$(CMG)$</a>, CrowdStrike Holdings Inc. <a href=\"https://laohu8.com/S/CRWD\">$(CRWD)$</a>, CVS Health Corp. <a href=\"https://laohu8.com/S/CVS\">$(CVS)$</a> and Uber Technologies Inc. <a href=\"https://laohu8.com/S/UBER\">$(UBER)$</a>.</p><p>That's compared with the 700-or-so customers the company claimed in 2018.</p><p>The company's current customer base is spread out enough where one customer can't upset revenue significantly.  \"No customer or channel partner accounted for more than 10% of our revenue for the year-ended January 31, 2021,\" according to the S-1.</p><p>Meanwhile, the COVID-19 pandemic helped. On Jan. 31, 2020, the company said it had about 6,000 customers, so during the year of the pandemic alone, UiPath grew its number of customers by 33%.</p><p>\"As the pandemic persisted, global demand for automation continued to accelerate as automation became essential for business execution and performance in a remote working environment,\" UiPath said.</p><p>\"While the pandemic may have accelerated the adoption of automation, the need for organizations to address extraordinary cost pressures, preserve and grow revenue, and adapt to ever-evolving end-customer needs illustrates the durability of the demand for digital transformation and the resilience and power of automation in even the most challenging times,\" according to the company.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TERN":"Terns Pharmaceuticals, Inc.","CRCT":"Cricut, Inc.","PATH":"UiPath"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129829074","content_text":"UiPath increased customers by 33% during pandemic by making automation software that is marketed toward employees without software-development knowledge or experience.UiPath Inc. is launching its initial public offering at a valuation close to what it received from venture-capital investors, with help from automation it cheerfully calls \"software robots.\"UiPath $(PATH.UK)$ makes software that helps automate business tasks, and sets itself apart from rivals by allowing employees without coding experience to customize artificial-intelligence capabilities.\"Traditional automation solutions intended to reduce this friction have generally been designed to be used by developers and engineers, rather than the employees directly involved in executing the actual work being automated,\" the company said in its filing with the Securities and Exchange Commission.\"Our platform leverages the power of artificial intelligence, or AI, based computer vision to enable our software robots to perform a vast array of actions as a human would when executing business processes,\" the company said. \"These actions include, but are not limited to, logging into applications, extracting information from documents, moving folders, filling in forms, and updating information fields and databases.\"Late Tuesday, UiPath priced its IPO at $56 a share, raising more than $1.3 billion and giving the company an initial market capitalization of $29.1 billion, which is less than the self-valuation of $35 billion  following a $750 million round of venture funding on Feb. 1. It's expected to begin trading Wednesday on the New York Stock Exchange under the ticker \"PATH.\"UiPath originally filed for its IPO on March 26   have opted for a direct listing instead.The New York-based company originally said it was registering up to 24.5 million shares, at a range of $43 to $50 a share, to raise up to $1.22 billion. On Monday, it hiked the range to between $52 and $54 a share  and increased the number of shares it planned to offer.Morgan Stanley, J.P. Morgan, B of A Securities, Credit Suisse, Barclays, and Wells Fargo Securities are among the underwriters.Here are five things to know about UiPath:The 'humble' company notes rapid expansionIn the S-1, UiPath Chief Executive, Chairman and co-founder Daniel Dines wrote about his company having \"humility\" as a core value, in that it allows its developers to listen and adapt quickly to the needs of the customer. Founded in Bucharest, Romania, in 2005, the company was incorporated in Delaware six years ago after working its way up from \"10 people in an apartment in Romania,\" Dines wrote.\"We went against the rules of perfecting the business model first in one territory, and instead we rapidly expanded globally to the United States, Europe, and Asia simultaneously,\" the CEO wrote in a letter.At a current annualized renewal run rate, or ARR, of $580 million, UiPath bills itself as \"one of the fastest-growing modern enterprise software companies ever.\" ARR is a metric often used by software-as-a-service companies to show how much revenue the company can expect based on subscriptions.While UiPath notes International Data Corp. sees the automation software market at $17 billion in 2020, with an expected rise to $30 billion by 2024, the company said its \"fully automated enterprise\" software gives it a current market opportunity of more than $60 billion.CEO holds most of the cardsSince 2015, UiPath has raised about $2 billion in eight funding rounds, according to Crunchbase. That funding doesn't appear to have bought much voting power in the company, though.UiPath's Class B shares carry 35 votes, while Class A shares -- being offered in the IPO -- carry one vote. The S-1 filing revealed that CEO Dines holds 100% of the Class B shares and 6.5% of the Class A shares, for 88.1% of the voting power.The only entity that comes close to that is venture-capital firm Accel, which began building its stake in 2017, and now claims about 101 million Class A shares, or 24% of those shares, for 3.1% of the voting power. Earlybird Management, with 9.5% of Class A shares, commands 1.2% of the votes.The company has reined in expensesFor the fiscal year 2021 ended Jan. 30, the company booked $607.6 million in revenue for a loss of $92.4 million, compared with $336.2 million in revenue for a loss of $519.9 million in fiscal 2020. In 2018, UiPath reported fiscal 2019 revenue of $148.5 million and a loss of $261.6 million.As revenue rose 81% for fiscal 2021, UiPath reduced sales and marketing costs by 21%, research and development costs by 16%, and general and administrative expenses by 10%.No specific plans for the fundsIf underwriters exercise all option for shares in the offering, UiPath expects to bring in net proceeds of about $1.34 billion, based on a $56 stock price. With about $357.7 million in ready cash on the books as of Jan. 31, the company isn't earmarking raised capital for any specific use.\"As of the date of this prospectus, we cannot specify with certainty all of the particular uses for the net proceeds to us from this offering,\" the company said in its April 19 filing. \"However, we currently intend to use the net proceeds we receive from this offering for general corporate purposes, including working capital, operating expenses, and capital expenditures.\"COVID-19 boosted diverse customer baseAs of Jan. 31, the company claimed having nearly 8,000 customers, with 63% of the those in the Fortune Global 500. About 1,000 of those customers account for more than $100,000 in ARR apiece, UiPath said. The company highlighted such customers as Adobe Inc. $(ADBE)$, Applied Materials Inc. $(AMAT)$, Chevron Corp. $(CVX)$, Chipotle Mexican Grill Inc. $(CMG)$, CrowdStrike Holdings Inc. $(CRWD)$, CVS Health Corp. $(CVS)$ and Uber Technologies Inc. $(UBER)$.That's compared with the 700-or-so customers the company claimed in 2018.The company's current customer base is spread out enough where one customer can't upset revenue significantly.  \"No customer or channel partner accounted for more than 10% of our revenue for the year-ended January 31, 2021,\" according to the S-1.Meanwhile, the COVID-19 pandemic helped. On Jan. 31, 2020, the company said it had about 6,000 customers, so during the year of the pandemic alone, UiPath grew its number of customers by 33%.\"As the pandemic persisted, global demand for automation continued to accelerate as automation became essential for business execution and performance in a remote working environment,\" UiPath said.\"While the pandemic may have accelerated the adoption of automation, the need for organizations to address extraordinary cost pressures, preserve and grow revenue, and adapt to ever-evolving end-customer needs illustrates the durability of the demand for digital transformation and the resilience and power of automation in even the most challenging times,\" according to the company.","news_type":1},"isVote":1,"tweetType":1,"viewCount":200,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371747896,"gmtCreate":1618975658315,"gmtModify":1704717749968,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"up","listText":"up","text":"up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/371747896","repostId":"1184207591","repostType":4,"repost":{"id":"1184207591","pubTimestamp":1618970427,"share":"https://ttm.financial/m/news/1184207591?lang=&edition=fundamental","pubTime":"2021-04-21 10:00","market":"us","language":"en","title":"Lacalle: Why The US Recovery Is Not That Strong","url":"https://stock-news.laohu8.com/highlight/detail?id=1184207591","media":"zerohedge","summary":"The United States: Hardly A Recovery\nThere is anoverly optimistic consensus viewabout the speed and ","content":"<p><b>The United States: Hardly A Recovery</b></p>\n<p>There is an<b>overly optimistic consensus view</b>about the speed and strength of the United States’ recovery that is contradicted by facts. It is true that the&nbsp;<b>United States</b>&nbsp;recovery is stronger than the European or Japanese one, but the macro data shows that the euphoric messages about aggregate GDP growth are wildly exaggerated.</p>\n<p>Of course, Gross Domestic Product is going to rise fast, with estimates of 6% for 2021. It would be alarming if it did not after a massive chain of stimuli of more than 12% of GDP in fiscal spending and $7 trillion in&nbsp;<b>Federal Reserve balance</b>&nbsp;sheet expansion. This is a combined stimulus that is almost three times larger than the 2008 crisis one, according to McKinsey.<b>The question is, what is the quality of this recovery?</b></p>\n<p><u><b>The answer is: extremely poor.</b></u>The United States real growth excluding the increase in debt will continue to be exceedingly small. No one can talk about a strong recovery when industry capacity utilization is at 74%, massively below the level of 80% at which it was before the pandemic. Furthermore, labor force participation rate stands at 61.5%, significantly below the pre-covid level and stalling after bouncing to 62% in September. Unemployment may be at 6%, but it is still almost twice as large as it was before the pandemic. Continuing jobless claims remain above 3.7 million in April. &nbsp;Weekly jobless claims remain above 500,000 and the total number of people claiming benefits in all programs — state and federal combined — for the week ending March 27 decreased by 1.2 million to 16.9 million.</p>\n<p><b>These figures must be put in the context of the unprecedented spending spree and the monetary stimulus.</b>Yes, the recovery is better than the Eurozone’s thanks to a fast and efficient vaccination rollout and the dynamism of the United States business fabric, but the figures show that a relevant amount of the subsequent stimulus plans have simply perpetuated overcapacity, kept zombie firms that had financial issues before covid-19 alive and bloated the government structural deficit and mandatory spending.</p>\n<p>Would the United States economy had recovered as fast as it has without the deficit-spending stimulus plans? Maybe. I believe so because the entire recovery, both in markets and the economy, has been driven by the vaccine news and the process of inoculation. Most of the programs that have been implemented have had a small impact compared to the re-opening of the hospitality sector and the vaccinations. The entire economic crisis came from the lockdowns and the virus and the entire recovery is the re-opening and the vaccinations.</p>\n<p><b>My main concern is that this monster deficit and debt program has been set as the minimum for the next crisis.</b>No one has analysed if the spending plans have been effective. In fact, in the eurozone no one seems to be concerned about the fact that countries that have spent between 20 to 30% of GDP in stimulus plans are now in stagnation. The mainstream message seems to be that if the spending plans have not worked it is because they were not large enough. Very few seem to be discussing the waste in public funding when the number one drivers of the recovery are the vaccine roll-out and the re-opening of the services sector.</p>\n<p>It seems that governments want to convince us that they have saved the world when the reality is that the misguided lockdowns were the cause of the economic debacle and lifting them is the main cause of the recovery. In the process, trillions have been squandered. It is dangerous to accept that government spending no matter how much and what for is the only solution and even more dangerous to believe that the shape of the recovery is only a function of the size of the stimulus package. The problem was the virus and the government-imposed lockdowns, the solution is the vaccine and the re-opening.<b>The problem was caused by government’s lack of prevention and excess of interventionism and the solution is not more intervention.</b></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lacalle: Why The US Recovery Is Not That Strong</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\">\nLacalle: Why The US Recovery Is Not That Strong\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-21 10:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/economics/lacalle-why-us-recovery-not-strong?utm_source=feedburner&utm_meium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The United States: Hardly A Recovery\nThere is anoverly optimistic consensus viewabout the speed and strength of the United States’ recovery that is contradicted by facts. It is true that the United ...</p>\n\n<a href=\"https://www.zerohedge.com/economics/lacalle-why-us-recovery-not-strong?utm_source=feedburner&utm_meium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.zerohedge.com/economics/lacalle-why-us-recovery-not-strong?utm_source=feedburner&utm_meium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184207591","content_text":"The United States: Hardly A Recovery\nThere is anoverly optimistic consensus viewabout the speed and strength of the United States’ recovery that is contradicted by facts. It is true that the United States recovery is stronger than the European or Japanese one, but the macro data shows that the euphoric messages about aggregate GDP growth are wildly exaggerated.\nOf course, Gross Domestic Product is going to rise fast, with estimates of 6% for 2021. It would be alarming if it did not after a massive chain of stimuli of more than 12% of GDP in fiscal spending and $7 trillion in Federal Reserve balance sheet expansion. This is a combined stimulus that is almost three times larger than the 2008 crisis one, according to McKinsey.The question is, what is the quality of this recovery?\nThe answer is: extremely poor.The United States real growth excluding the increase in debt will continue to be exceedingly small. No one can talk about a strong recovery when industry capacity utilization is at 74%, massively below the level of 80% at which it was before the pandemic. Furthermore, labor force participation rate stands at 61.5%, significantly below the pre-covid level and stalling after bouncing to 62% in September. Unemployment may be at 6%, but it is still almost twice as large as it was before the pandemic. Continuing jobless claims remain above 3.7 million in April.  Weekly jobless claims remain above 500,000 and the total number of people claiming benefits in all programs — state and federal combined — for the week ending March 27 decreased by 1.2 million to 16.9 million.\nThese figures must be put in the context of the unprecedented spending spree and the monetary stimulus.Yes, the recovery is better than the Eurozone’s thanks to a fast and efficient vaccination rollout and the dynamism of the United States business fabric, but the figures show that a relevant amount of the subsequent stimulus plans have simply perpetuated overcapacity, kept zombie firms that had financial issues before covid-19 alive and bloated the government structural deficit and mandatory spending.\nWould the United States economy had recovered as fast as it has without the deficit-spending stimulus plans? Maybe. I believe so because the entire recovery, both in markets and the economy, has been driven by the vaccine news and the process of inoculation. Most of the programs that have been implemented have had a small impact compared to the re-opening of the hospitality sector and the vaccinations. The entire economic crisis came from the lockdowns and the virus and the entire recovery is the re-opening and the vaccinations.\nMy main concern is that this monster deficit and debt program has been set as the minimum for the next crisis.No one has analysed if the spending plans have been effective. In fact, in the eurozone no one seems to be concerned about the fact that countries that have spent between 20 to 30% of GDP in stimulus plans are now in stagnation. The mainstream message seems to be that if the spending plans have not worked it is because they were not large enough. Very few seem to be discussing the waste in public funding when the number one drivers of the recovery are the vaccine roll-out and the re-opening of the services sector.\nIt seems that governments want to convince us that they have saved the world when the reality is that the misguided lockdowns were the cause of the economic debacle and lifting them is the main cause of the recovery. In the process, trillions have been squandered. It is dangerous to accept that government spending no matter how much and what for is the only solution and even more dangerous to believe that the shape of the recovery is only a function of the size of the stimulus package. The problem was the virus and the government-imposed lockdowns, the solution is the vaccine and the re-opening.The problem was caused by government’s lack of prevention and excess of interventionism and the solution is not more intervention.","news_type":1},"isVote":1,"tweetType":1,"viewCount":124,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371317962,"gmtCreate":1618910906356,"gmtModify":1704716727863,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"Already&nbsp;","listText":"Already&nbsp;","text":"Already","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/371317962","repostId":"2128897404","repostType":4,"isVote":1,"tweetType":1,"viewCount":155,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":379485145,"gmtCreate":1618790055687,"gmtModify":1704714805095,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"wow ok I see","listText":"wow ok I see","text":"wow ok I see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/379485145","repostId":"1169761437","repostType":4,"repost":{"id":"1169761437","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1618577693,"share":"https://ttm.financial/m/news/1169761437?lang=&edition=fundamental","pubTime":"2021-04-16 20:54","market":"us","language":"en","title":"3 EV Stocks That Could Be Set For A Downturn","url":"https://stock-news.laohu8.com/highlight/detail?id=1169761437","media":"Benzinga","summary":"The sellers are about to hitTesla, Inc.(NASDAQ:TSLA).\nThe stock has staged an impressive rally over ","content":"<p>The sellers are about to hit<b>Tesla, Inc.</b>(NASDAQ:TSLA).</p>\n<p>The stock has staged an impressive rally over the past week as investors think it will benefit from the $2 trillion infrastructure bill, as well as a potential Green New Deal.</p>\n<p>But the stock may have become overextended.</p>\n<p>The red line on the following chart marks two standard deviations above its recent 20-day average price. Shares&nbsp;are trading above this threshold.</p>\n<p>These overbought conditions will draw sellers into the market as&nbsp;they will expect a reversion to the average. This could put a top on the shares and it could even push them lower.</p>\n<p><img src=\"https://static.tigerbbs.com/e28ae93e549790d354809d8d1d849546\" tg-width=\"1536\" tg-height=\"813\"><b>NIO Inc.</b>(NYSE:NIO) has formed a classic descending triangle&nbsp;pattern, which has bearish implications.</p>\n<p>Chart patterns are illustrations of the supply and demand dynamics occurring within a market. This pattern shows&nbsp;buyers of NIO have been complacent. At the same time, sellers are becoming more aggressive.</p>\n<p>Since early March buyers have held firm at the $35 level. At the same time, sellers have been knocking the shares lower.</p>\n<p>In mid-March, the lowest price sellers would accept for their shares was around $45. By early April it had dropped to $40. Now there are sellers willing to accept $35.</p>\n<p>The combination of aggressive sellers and complacent buyers could drive the price lower.</p>\n<p><img src=\"https://static.tigerbbs.com/a64b841348a68424562dfd4d0996f91d\" tg-width=\"1533\" tg-height=\"817\">Shares of<b>Fisker Inc.</b>(NYSE:FSR) have broken support and&nbsp;could continue to trend lower.</p>\n<p>Support forms when there are a large number of buyers that are looking to pay the same price for shares of stock. In this case, it was the $14.75 level. It was clear support through December and January.</p>\n<p>Now that level been has broken, which means the buyers who were willing to pay $14.75 have either finished or canceled their orders.</p>\n<p>With this demand of the market, the stage is set for a further decline in the share price.</p>\n<p><img src=\"https://static.tigerbbs.com/f1504ff3581a62fe5fe5390c585f43b4\" tg-width=\"1538\" tg-height=\"823\"></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>3 EV Stocks That Could Be Set For A Downturn</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\">\n3 EV Stocks That Could Be Set For A Downturn\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-04-16 20:54</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>The sellers are about to hit<b>Tesla, Inc.</b>(NASDAQ:TSLA).</p>\n<p>The stock has staged an impressive rally over the past week as investors think it will benefit from the $2 trillion infrastructure bill, as well as a potential Green New Deal.</p>\n<p>But the stock may have become overextended.</p>\n<p>The red line on the following chart marks two standard deviations above its recent 20-day average price. Shares&nbsp;are trading above this threshold.</p>\n<p>These overbought conditions will draw sellers into the market as&nbsp;they will expect a reversion to the average. This could put a top on the shares and it could even push them lower.</p>\n<p><img src=\"https://static.tigerbbs.com/e28ae93e549790d354809d8d1d849546\" tg-width=\"1536\" tg-height=\"813\"><b>NIO Inc.</b>(NYSE:NIO) has formed a classic descending triangle&nbsp;pattern, which has bearish implications.</p>\n<p>Chart patterns are illustrations of the supply and demand dynamics occurring within a market. This pattern shows&nbsp;buyers of NIO have been complacent. At the same time, sellers are becoming more aggressive.</p>\n<p>Since early March buyers have held firm at the $35 level. At the same time, sellers have been knocking the shares lower.</p>\n<p>In mid-March, the lowest price sellers would accept for their shares was around $45. By early April it had dropped to $40. Now there are sellers willing to accept $35.</p>\n<p>The combination of aggressive sellers and complacent buyers could drive the price lower.</p>\n<p><img src=\"https://static.tigerbbs.com/a64b841348a68424562dfd4d0996f91d\" tg-width=\"1533\" tg-height=\"817\">Shares of<b>Fisker Inc.</b>(NYSE:FSR) have broken support and&nbsp;could continue to trend lower.</p>\n<p>Support forms when there are a large number of buyers that are looking to pay the same price for shares of stock. In this case, it was the $14.75 level. It was clear support through December and January.</p>\n<p>Now that level been has broken, which means the buyers who were willing to pay $14.75 have either finished or canceled their orders.</p>\n<p>With this demand of the market, the stage is set for a further decline in the share price.</p>\n<p><img src=\"https://static.tigerbbs.com/f1504ff3581a62fe5fe5390c585f43b4\" tg-width=\"1538\" tg-height=\"823\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FSR":"菲斯克","NIO":"蔚来","TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169761437","content_text":"The sellers are about to hitTesla, Inc.(NASDAQ:TSLA).\nThe stock has staged an impressive rally over the past week as investors think it will benefit from the $2 trillion infrastructure bill, as well as a potential Green New Deal.\nBut the stock may have become overextended.\nThe red line on the following chart marks two standard deviations above its recent 20-day average price. Shares are trading above this threshold.\nThese overbought conditions will draw sellers into the market as they will expect a reversion to the average. This could put a top on the shares and it could even push them lower.\nNIO Inc.(NYSE:NIO) has formed a classic descending triangle pattern, which has bearish implications.\nChart patterns are illustrations of the supply and demand dynamics occurring within a market. This pattern shows buyers of NIO have been complacent. At the same time, sellers are becoming more aggressive.\nSince early March buyers have held firm at the $35 level. At the same time, sellers have been knocking the shares lower.\nIn mid-March, the lowest price sellers would accept for their shares was around $45. By early April it had dropped to $40. Now there are sellers willing to accept $35.\nThe combination of aggressive sellers and complacent buyers could drive the price lower.\nShares ofFisker Inc.(NYSE:FSR) have broken support and could continue to trend lower.\nSupport forms when there are a large number of buyers that are looking to pay the same price for shares of stock. In this case, it was the $14.75 level. It was clear support through December and January.\nNow that level been has broken, which means the buyers who were willing to pay $14.75 have either finished or canceled their orders.\nWith this demand of the market, the stage is set for a further decline in the share price.","news_type":1},"isVote":1,"tweetType":1,"viewCount":181,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":379486287,"gmtCreate":1618789925249,"gmtModify":1704714803939,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/379486287","repostId":"1145242426","repostType":4,"repost":{"id":"1145242426","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1618579826,"share":"https://ttm.financial/m/news/1145242426?lang=&edition=fundamental","pubTime":"2021-04-16 21:30","market":"us","language":"en","title":"U.S. stocks gained in Friday open. Blockchain stocks fell","url":"https://stock-news.laohu8.com/highlight/detail?id=1145242426","media":"Tiger Newspress","summary":"(April 16) U.S. stocks shot higher at the open Friday, aiming for fresh records, as economic reports","content":"<p>(April 16)&nbsp;U.S. stocks shot higher at the open Friday, aiming for fresh records, as economic reports and corporate results remained strong. S&amp;P 500 edges higher to another all-time high, on pace for 4th straight positive week.</p><p>The Dow Jones Industrial Average added 157 points, 0.5%, to open near 34,193, while the S&amp;P 500 added 15 points, 0.4%, starting trading near 4,185. Both indexes clinched record closes Thursday. The Nasdaq Composite index,&nbsp; meanwhile, ticked up 0.1%, about 15 points, to trade near 14,053.</p><p>The pace of residential construction quickened in March, according to the most recent housing starts report and Morgan Stanley said profit doubled in the first quarter, topping analyst expectations.</p><p>Bitcoin slides,&nbsp;Blockchain stocks fell.&nbsp;</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/86da6884447eed1c7e8c7b86db77eb7f\" tg-width=\"313\" tg-height=\"361\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 09:37</span></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>U.S. stocks gained in Friday open. Blockchain stocks fell</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. stocks gained in Friday open. Blockchain stocks fell\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-16 21:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(April 16)&nbsp;U.S. stocks shot higher at the open Friday, aiming for fresh records, as economic reports and corporate results remained strong. S&amp;P 500 edges higher to another all-time high, on pace for 4th straight positive week.</p><p>The Dow Jones Industrial Average added 157 points, 0.5%, to open near 34,193, while the S&amp;P 500 added 15 points, 0.4%, starting trading near 4,185. Both indexes clinched record closes Thursday. The Nasdaq Composite index,&nbsp; meanwhile, ticked up 0.1%, about 15 points, to trade near 14,053.</p><p>The pace of residential construction quickened in March, according to the most recent housing starts report and Morgan Stanley said profit doubled in the first quarter, topping analyst expectations.</p><p>Bitcoin slides,&nbsp;Blockchain stocks fell.&nbsp;</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/86da6884447eed1c7e8c7b86db77eb7f\" tg-width=\"313\" tg-height=\"361\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 09:37</span></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145242426","content_text":"(April 16) U.S. stocks shot higher at the open Friday, aiming for fresh records, as economic reports and corporate results remained strong. S&P 500 edges higher to another all-time high, on pace for 4th straight positive week.The Dow Jones Industrial Average added 157 points, 0.5%, to open near 34,193, while the S&P 500 added 15 points, 0.4%, starting trading near 4,185. Both indexes clinched record closes Thursday. The Nasdaq Composite index,  meanwhile, ticked up 0.1%, about 15 points, to trade near 14,053.The pace of residential construction quickened in March, according to the most recent housing starts report and Morgan Stanley said profit doubled in the first quarter, topping analyst expectations.Bitcoin slides, Blockchain stocks fell. *Source From Tiger Trade, EST 09:37","news_type":1},"isVote":1,"tweetType":1,"viewCount":172,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":379696588,"gmtCreate":1618723952244,"gmtModify":1704714355527,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/379696588","repostId":"1106901371","repostType":4,"isVote":1,"tweetType":1,"viewCount":183,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":379696840,"gmtCreate":1618723935280,"gmtModify":1704714355197,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"Heee","listText":"Heee","text":"Heee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/379696840","repostId":"1106901371","repostType":4,"repost":{"id":"1106901371","pubTimestamp":1618572410,"share":"https://ttm.financial/m/news/1106901371?lang=&edition=fundamental","pubTime":"2021-04-16 19:26","market":"us","language":"en","title":"Insiders Are Sending A Pretty Clear Signal About The Stock Market (And The Economy)","url":"https://stock-news.laohu8.com/highlight/detail?id=1106901371","media":"zerohedge","summary":"The following is an excerpt from a recent Market Comment featured on The Felder Report PREMIUM.\nAs m","content":"<p><i>The following is an excerpt from a recent Market Comment featured on&nbsp;The Felder Report PREMIUM.</i></p>\n<p>As most readers should be well aware, one of the things I monitor most closely is insider buying and selling.<b>Nobody knows more about the bullish and bearish developments of a business and its valuation relative to those developments than the company’s top executives.</b>&nbsp;Now some believe that, while insider activity may sometimes be a good indication of future price movements in individual stocks, in aggregate it doesn’t have any meaning at all. In addition, many suggest that, while insider buying may be predictive at times, insider selling is not. Both of these positions, however, are contradicted by the data.</p>\n<p>As&nbsp;Nejat Seyhun, Professor of Finance at the University of Michigan, has demonstrated in his book,&nbsp;Investment Intelligence From Insider Trading, the aggregate selling-to-buying ratio over certain periods of time has a very good track record at predicting future returns in the stock market.&nbsp;In his words,<i><b>“Aggregate insider trading predicts aggregate stock returns.”</b></i>Furthermore, “Aggregate insider trading predicts changes in future economic growth up to two years ahead.” So not only are insiders better market strategists than those on Wall Street, they are also better economists.</p>\n<p>This should make intuitive sense.<i><b>Who has a better read on both the stock market and the economy than the amalgamation of those top executives in the country with the confidence to not merely make a public forecast but actually put their money where their mouths are?</b></i></p>\n<p>As to those who say, ‘there are many reasons for an insider to sell; there’s only one reason to buy,’ again here is Mr. Seyhun: “both purchases and sales seem to be informative. The future stock price movements following insider purchases exceed the average stock price movements. Also the future stock price movements following insider sales fall short of the average stock price movements.”</p>\n<p><b>Certainly, we have seen this play out over the past year.</b>The aggregate insider buying just over a year ago has proved very prescient as to the direction of the stock market, the&nbsp;leadership of the rebound&nbsp;in stock prices and the turnaround in the economy so far.&nbsp;However, when we look at the recent data (provided by&nbsp;InsideArbitrage.com), i<b>t’s immediately apparent that the top executives (along with directors and 10% shareholders) have rarely been as aggressive in selling, or disinterested in buying,&nbsp;as they are today.</b></p>\n<p><img src=\"https://static.tigerbbs.com/37c9e459013ee9778fa4c5034a2f04f6\" tg-width=\"500\" tg-height=\"362\">In light of Seyhun’s findings noted above, this relative bearishness on the part of insiders in aggregate would seem to suggest that<b>stock prices are likely to fall short of&nbsp;euphoric expectations&nbsp;over the next year or so.</b>On top of that, the economy could begin to disappoint on a similar time frame, as well. Don’t say they didn’t warn you.</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>Insiders Are Sending A Pretty Clear Signal About The Stock Market (And The Economy)</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\">\nInsiders Are Sending A Pretty Clear Signal About The Stock Market (And The Economy)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-16 19:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/insiders-are-sending-pretty-clear-signal-about-stock-market-and-economy?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The following is an excerpt from a recent Market Comment featured on The Felder Report PREMIUM.\nAs most readers should be well aware, one of the things I monitor most closely is insider buying and ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/insiders-are-sending-pretty-clear-signal-about-stock-market-and-economy?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.zerohedge.com/markets/insiders-are-sending-pretty-clear-signal-about-stock-market-and-economy?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106901371","content_text":"The following is an excerpt from a recent Market Comment featured on The Felder Report PREMIUM.\nAs most readers should be well aware, one of the things I monitor most closely is insider buying and selling.Nobody knows more about the bullish and bearish developments of a business and its valuation relative to those developments than the company’s top executives. Now some believe that, while insider activity may sometimes be a good indication of future price movements in individual stocks, in aggregate it doesn’t have any meaning at all. In addition, many suggest that, while insider buying may be predictive at times, insider selling is not. Both of these positions, however, are contradicted by the data.\nAs Nejat Seyhun, Professor of Finance at the University of Michigan, has demonstrated in his book, Investment Intelligence From Insider Trading, the aggregate selling-to-buying ratio over certain periods of time has a very good track record at predicting future returns in the stock market. In his words,“Aggregate insider trading predicts aggregate stock returns.”Furthermore, “Aggregate insider trading predicts changes in future economic growth up to two years ahead.” So not only are insiders better market strategists than those on Wall Street, they are also better economists.\nThis should make intuitive sense.Who has a better read on both the stock market and the economy than the amalgamation of those top executives in the country with the confidence to not merely make a public forecast but actually put their money where their mouths are?\nAs to those who say, ‘there are many reasons for an insider to sell; there’s only one reason to buy,’ again here is Mr. Seyhun: “both purchases and sales seem to be informative. The future stock price movements following insider purchases exceed the average stock price movements. Also the future stock price movements following insider sales fall short of the average stock price movements.”\nCertainly, we have seen this play out over the past year.The aggregate insider buying just over a year ago has proved very prescient as to the direction of the stock market, the leadership of the rebound in stock prices and the turnaround in the economy so far. However, when we look at the recent data (provided by InsideArbitrage.com), it’s immediately apparent that the top executives (along with directors and 10% shareholders) have rarely been as aggressive in selling, or disinterested in buying, as they are today.\nIn light of Seyhun’s findings noted above, this relative bearishness on the part of insiders in aggregate would seem to suggest thatstock prices are likely to fall short of euphoric expectations over the next year or so.On top of that, the economy could begin to disappoint on a similar time frame, as well. Don’t say they didn’t warn you.","news_type":1},"isVote":1,"tweetType":1,"viewCount":137,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":379698420,"gmtCreate":1618723872760,"gmtModify":1704714354377,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"Jezz","listText":"Jezz","text":"Jezz","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/379698420","repostId":"1179330583","repostType":4,"repost":{"id":"1179330583","pubTimestamp":1618588042,"share":"https://ttm.financial/m/news/1179330583?lang=&edition=fundamental","pubTime":"2021-04-16 23:47","market":"us","language":"en","title":"Airbnb CEO says company is going to need millions more hosts to meet surging demand","url":"https://stock-news.laohu8.com/highlight/detail?id=1179330583","media":"cnbc","summary":"KEY POINTS\n\nAirbnb is going to need millions of new hosts to meet incoming demand as travel picks up","content":"<div>\n<p>KEY POINTS\n\nAirbnb is going to need millions of new hosts to meet incoming demand as travel picks up again, CEO Brian Chesky told CNBC.\n\"To meet the demand over the coming years, we're going to need ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/16/airbnb-ceo-says-company-is-going-to-need-millions-more-hosts-to-meet-demand.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Airbnb CEO says company is going to need millions more hosts to meet surging demand</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAirbnb CEO says company is going to need millions more hosts to meet surging demand\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-16 23:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/16/airbnb-ceo-says-company-is-going-to-need-millions-more-hosts-to-meet-demand.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nAirbnb is going to need millions of new hosts to meet incoming demand as travel picks up again, CEO Brian Chesky told CNBC.\n\"To meet the demand over the coming years, we're going to need ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/16/airbnb-ceo-says-company-is-going-to-need-millions-more-hosts-to-meet-demand.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ABNB":"爱彼迎"},"source_url":"https://www.cnbc.com/2021/04/16/airbnb-ceo-says-company-is-going-to-need-millions-more-hosts-to-meet-demand.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1179330583","content_text":"KEY POINTS\n\nAirbnb is going to need millions of new hosts to meet incoming demand as travel picks up again, CEO Brian Chesky told CNBC.\n\"To meet the demand over the coming years, we're going to need millions more hosts,\" Chesky said in an interview that aired Friday on \"TechCheck.\"\nCurrently, the home-sharing platform has 4 million hosts.\n\nAirbnbis going to need millions of new hosts to meet incoming demand as travel picks up again, CEO Brian Chesky told CNBC.\n\"To meet the demand over the coming years, we're going to need millions more hosts,\" Chesky said in an interview that aired Friday on CNBC's \"TechCheck.\" Currently, the home-sharing platform has 4 million hosts.\n“I think that we probably will have a high cost problem where there will probably be more guests coming to Airbnb than we’ll have hosts for because what we think is we think there’s going to be a travel rebound coming that’s unlike anything we’ve ever seen,” Chesky added. “We are working our hardest to get more hosts on the platform.”\nThe travel industry is seeing an uptick in business as more Americans get vaccinated and state restrictions ease. But for Airbnb, which relies on people to open their homes to guests, the company will need to ramp up its number of hosts instead of building out more real estate or adding flights to meet demand.\nIt’s a similar problem faced by other companies in the gig economy likeUber, which recently announced a$250 million stimulusin an effort to bring more drivers to its platform.\n“As vaccination rates increase in the United States, we are observing that consumer demand for Mobility is recovering faster than driver availability, and consumer demand for Delivery continues to exceed courier availability,”Uber saidin a filing with the Securities and Exchange Commission.\nChesky said Airbnb isn’t likely to offer “a lot of incentives” to bring new hosts on board since there’s already a huge amount of demand for service.\n“I think that all we have to do is just continue to tell our story of Airbnb, and the benefits of hosting. And we are seeing a lot of interest,” he said.\nAs part of that, Chesky said the company has done things like launch its “made possible by hosts” ad campaign. The company rolled out a number of advertisements using photographs from Airbnb guests staying in homes around the world, in an effort to create a sense of nostalgia.","news_type":1},"isVote":1,"tweetType":1,"viewCount":213,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":105593427,"gmtCreate":1620310085469,"gmtModify":1704341760728,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/105593427","repostId":"1123117067","repostType":4,"repost":{"id":"1123117067","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1620307918,"share":"https://ttm.financial/m/news/1123117067?lang=&edition=fundamental","pubTime":"2021-05-06 21:31","market":"us","language":"en","title":"Dow opens slightly higher after notching record close, S&P 500 is flat","url":"https://stock-news.laohu8.com/highlight/detail?id=1123117067","media":"Tiger Newspress","summary":"U.S. stocks held steady on Thursday as investors awaited Friday's highly anticipated jobs report.The","content":"<p>U.S. stocks held steady on Thursday as investors awaited Friday's highly anticipated jobs report.</p><p>The Dow Jones Industrial Average added 40 points after reaching a record closing high in the previous session. The S&amp;P 500 was little changed. The Nasdaq Composite dipped 0.5%.</p><p>The muted action in futures came despite a better-than-expected reading onjobless claims. First-time claims for unemployment insurance totaled 498,000 for the week ended March 1, hitting a fresh pandemic-era low and better than a Dow Jones estimate of 527,000.</p><p>The data came one day before April's jobs report is released on Friday.</p><p>\"Job growth has been strong and increasing for the past three months. April's employment numbers are expected to show another significant gain, as layoffs were down by one-sixth during the month,\" noted Brad McMillan, chief investment officer for Commonwealth Financial Network.</p><p>PayPal shares jumped 4% in premarket trading to lead tech names after the company posted better-than-expected earnings andsaid revenue last quarter surged 31%.</p><p>The Nasdaq Composite posted its fourth straight negative session on Wednesday for its longest daily losing streak since October. The tech-heavy index and S&amp;P 500 are each lower for the week. The Dow is on track to break a two-week losing streak.</p><p>However, Etsy tanked by 11% in early trading afterwarning that sales will slowas the pandemic boost wanes.</p><p>Shares of Gap, which have been popping in the past month along with other specialty retail as investors bet on a return to more in-person shopping, was higher again, up about 2% in early trading.</p><p>During Wednesday's session, the Dow gained 97 points to end at a new closing high. The 30-stock benchmark index also set a new intraday record after rising nearly 200 points at one point.</p><p>It's too early to say whether the early gains Thursday will mark a reversal in trend.</p><p>\"Technology sector earnings momentum relative to the broader market peaked in late May of 2020,\" said Keith Lerner, chief market strategist at Truist. \"Given that we expect the economy to grow well above trend this year and next, value stands to benefit. Indeed, when looking at the value indices, they are dominated by financials and tend to have greater exposure to economically-sensitive sectors that are more leveraged to an economic recovery.\"</p><p>The Russell 1000 Value index has gained 16% this year, while the Russell 1000 Growth index has advanced 5%.</p><p>However, he added that concerns still remain in the market. For one, federal stimulus packages have boosted growth, and at some point, the economy will have to return to organic growth.</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>Dow opens slightly higher after notching record close, S&P 500 is flat</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\">\nDow opens slightly higher after notching record close, S&P 500 is flat\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-06 21:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stocks held steady on Thursday as investors awaited Friday's highly anticipated jobs report.</p><p>The Dow Jones Industrial Average added 40 points after reaching a record closing high in the previous session. The S&amp;P 500 was little changed. The Nasdaq Composite dipped 0.5%.</p><p>The muted action in futures came despite a better-than-expected reading onjobless claims. First-time claims for unemployment insurance totaled 498,000 for the week ended March 1, hitting a fresh pandemic-era low and better than a Dow Jones estimate of 527,000.</p><p>The data came one day before April's jobs report is released on Friday.</p><p>\"Job growth has been strong and increasing for the past three months. April's employment numbers are expected to show another significant gain, as layoffs were down by one-sixth during the month,\" noted Brad McMillan, chief investment officer for Commonwealth Financial Network.</p><p>PayPal shares jumped 4% in premarket trading to lead tech names after the company posted better-than-expected earnings andsaid revenue last quarter surged 31%.</p><p>The Nasdaq Composite posted its fourth straight negative session on Wednesday for its longest daily losing streak since October. The tech-heavy index and S&amp;P 500 are each lower for the week. The Dow is on track to break a two-week losing streak.</p><p>However, Etsy tanked by 11% in early trading afterwarning that sales will slowas the pandemic boost wanes.</p><p>Shares of Gap, which have been popping in the past month along with other specialty retail as investors bet on a return to more in-person shopping, was higher again, up about 2% in early trading.</p><p>During Wednesday's session, the Dow gained 97 points to end at a new closing high. The 30-stock benchmark index also set a new intraday record after rising nearly 200 points at one point.</p><p>It's too early to say whether the early gains Thursday will mark a reversal in trend.</p><p>\"Technology sector earnings momentum relative to the broader market peaked in late May of 2020,\" said Keith Lerner, chief market strategist at Truist. \"Given that we expect the economy to grow well above trend this year and next, value stands to benefit. Indeed, when looking at the value indices, they are dominated by financials and tend to have greater exposure to economically-sensitive sectors that are more leveraged to an economic recovery.\"</p><p>The Russell 1000 Value index has gained 16% this year, while the Russell 1000 Growth index has advanced 5%.</p><p>However, he added that concerns still remain in the market. For one, federal stimulus packages have boosted growth, and at some point, the economy will have to return to organic growth.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123117067","content_text":"U.S. stocks held steady on Thursday as investors awaited Friday's highly anticipated jobs report.The Dow Jones Industrial Average added 40 points after reaching a record closing high in the previous session. The S&P 500 was little changed. The Nasdaq Composite dipped 0.5%.The muted action in futures came despite a better-than-expected reading onjobless claims. First-time claims for unemployment insurance totaled 498,000 for the week ended March 1, hitting a fresh pandemic-era low and better than a Dow Jones estimate of 527,000.The data came one day before April's jobs report is released on Friday.\"Job growth has been strong and increasing for the past three months. April's employment numbers are expected to show another significant gain, as layoffs were down by one-sixth during the month,\" noted Brad McMillan, chief investment officer for Commonwealth Financial Network.PayPal shares jumped 4% in premarket trading to lead tech names after the company posted better-than-expected earnings andsaid revenue last quarter surged 31%.The Nasdaq Composite posted its fourth straight negative session on Wednesday for its longest daily losing streak since October. The tech-heavy index and S&P 500 are each lower for the week. The Dow is on track to break a two-week losing streak.However, Etsy tanked by 11% in early trading afterwarning that sales will slowas the pandemic boost wanes.Shares of Gap, which have been popping in the past month along with other specialty retail as investors bet on a return to more in-person shopping, was higher again, up about 2% in early trading.During Wednesday's session, the Dow gained 97 points to end at a new closing high. The 30-stock benchmark index also set a new intraday record after rising nearly 200 points at one point.It's too early to say whether the early gains Thursday will mark a reversal in trend.\"Technology sector earnings momentum relative to the broader market peaked in late May of 2020,\" said Keith Lerner, chief market strategist at Truist. \"Given that we expect the economy to grow well above trend this year and next, value stands to benefit. Indeed, when looking at the value indices, they are dominated by financials and tend to have greater exposure to economically-sensitive sectors that are more leveraged to an economic recovery.\"The Russell 1000 Value index has gained 16% this year, while the Russell 1000 Growth index has advanced 5%.However, he added that concerns still remain in the market. For one, federal stimulus packages have boosted growth, and at some point, the economy will have to return to organic growth.","news_type":1},"isVote":1,"tweetType":1,"viewCount":488,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":341587972,"gmtCreate":1617841039396,"gmtModify":1704703743246,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"Ok. &nbsp;Alright. &nbsp;","listText":"Ok. &nbsp;Alright. &nbsp;","text":"Ok. Alright.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/341587972","repostId":"1169840293","repostType":4,"repost":{"id":"1169840293","pubTimestamp":1617836263,"share":"https://ttm.financial/m/news/1169840293?lang=&edition=fundamental","pubTime":"2021-04-08 06:57","market":"us","language":"en","title":"Jim Cramer says Walmart is among the stocks that will do well in a ‘hybrid world’","url":"https://stock-news.laohu8.com/highlight/detail?id=1169840293","media":"cnbc","summary":"KEY POINTS\n\nCramer is betting many people will maintain some pandemic routines as Covid-19 health re","content":"<div>\n<p>KEY POINTS\n\nCramer is betting many people will maintain some pandemic routines as Covid-19 health restrictions ease and more offices reopen.\nBecause of this, Cramer recommended investors gain exposure...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/07/jim-cramer-says-walmart-is-among-the-stocks-that-will-do-well-in-a-hybrid-world.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jim Cramer says Walmart is among the stocks that will do well in a ‘hybrid world’</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJim Cramer says Walmart is among the stocks that will do well in a ‘hybrid world’\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-08 06:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/07/jim-cramer-says-walmart-is-among-the-stocks-that-will-do-well-in-a-hybrid-world.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nCramer is betting many people will maintain some pandemic routines as Covid-19 health restrictions ease and more offices reopen.\nBecause of this, Cramer recommended investors gain exposure...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/07/jim-cramer-says-walmart-is-among-the-stocks-that-will-do-well-in-a-hybrid-world.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WMT":"沃尔玛"},"source_url":"https://www.cnbc.com/2021/04/07/jim-cramer-says-walmart-is-among-the-stocks-that-will-do-well-in-a-hybrid-world.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1169840293","content_text":"KEY POINTS\n\nCramer is betting many people will maintain some pandemic routines as Covid-19 health restrictions ease and more offices reopen.\nBecause of this, Cramer recommended investors gain exposure to the hybrid economy.\n\nCNBC’s Jim Cramer revealed on Wednesday a handful of stocks he thinks will do well in the emerging “hybrid world.”\nThe “Mad Money” host is betting many people will maintain some pandemic routines as Covid-19 health restrictions ease and more offices reopen in the coming months. Because of this, Cramer recommended investors gain exposure to the hybrid economy.\n“We’re headed for a hybrid world where stay-at-home habits have staying power, but you also have the ability to go out and do things,” he said. “You have to stick with the stocks that win either way.”\nCramer pointed out the following stock picks as hybrid plays:\n\nHome Depot\nLowe’s\nWalmart\nStanley Black & Decker\nWilliams-Sonoma\nMcCormick\nEtsy\n\nAll but two of Cramer’s picks have rallied double digits this year, outperforming the broader market. Williams-Sonoma is the biggest gainer in the group, up more than 75%. Walmart and McCormick are down 3% and nearly 7%, respectively, in 2021.\nCramer’s recommendations came after the S&P 500 eked out a record close on Wednesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":97,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":376808680,"gmtCreate":1619100758440,"gmtModify":1704719675003,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/376808680","repostId":"1147263213","repostType":4,"repost":{"id":"1147263213","pubTimestamp":1619075516,"share":"https://ttm.financial/m/news/1147263213?lang=&edition=fundamental","pubTime":"2021-04-22 15:11","market":"us","language":"en","title":"Intel Reports Earnings Thursday. Here’s What to Know.","url":"https://stock-news.laohu8.com/highlight/detail?id=1147263213","media":"Barrons","summary":"Weeks after Intel installed chief executive Pat Gelsinger and its rollout of a $20 billion plan to expand its manufacturing operations, the company is set to report its earnings.As part of the plan, Intel said it would once again license its x86 chip designs to other companies, and create a foundry services unit that would produce chips for third parties interested in paying Intel to fabricate semiconductors.Intel didn’t issue precise new financial guidance for the first quarter, but said it exp","content":"<p>Weeks after Intel installed chief executive Pat Gelsinger and its rollout of a $20 billion plan to expand its manufacturing operations, the company is set to report its earnings.</p>\n<p>Investors already have a solid idea of what the report, due after the close of trading on Thursday, will bring. When Gelsinger unveiled the company’s plans for the future in late March,Intel (ticker: INTC) said it expected full-year earnings of $4 a share from revenue of $76.5 billion. Including various adjustments, such as those related to Intel’s sale of its flash-memory business in 2020, EPS is likely to be $4.55, while revenue is expected to be $72 billion, the company said.</p>\n<p>As part of the plan, Intel said it would once again license its x86 chip designs to other companies, and create a foundry services unit that would produce chips for third parties interested in paying Intel to fabricate semiconductors.</p>\n<p>Intel didn’t issue precise new financial guidance for the first quarter, but said it expected results better than its prior forecast. Previously, Intel said it expected adjusted first-quarter earnings of $1.10 a share and revenue of $17.5 billion. The consensus forecast is for adjusted earnings of $1.15 a share from revenue of $17.74 billion.</p>\n<p>Susquehanna Financial Group analyst Christopher Rolland,who called the company’s full-year guidance “underwhelming,” said he is expecting investors to focus on Gelsinger’s long-term plans for the company, and to look for more details about Intel’s next generation chip-making technology. According to the analyst’s data sources, notebook sales were strong in the first quarter, but it is less clear what’s coming through the rest of the year.</p>\n<p>Analysts predict that Intel’s client computing segment, which includes notebook sales, will report first-quarter revenue of $10.02 billion. That is the company’s largest segment, followed by the data center operation, which is expected to report revenue of $5.84 billion.</p>\n<p>Despite Intel’s decision to double down on its manufacturing capabilities, BMO Capital Markets analyst Ambrish Srivastava wrote in a client note Monday that he isn’t expecting executives to offer details about its goals, and their effect on Intel’s financial performance.</p>\n<p>Still, Srivastava said, investors should watch closely for commentary about the impact to the company’s capital spending, profit, and free cash flow, among other things.</p>\n<p>Intel’s report arrives amid a global shortage of semiconductors that is hurting production of goods ranging from appliances to cars and videogame consoles. Gelsinger has previously told&nbsp;<i>Barron’s</i> that he expects the chip shortage to last two years.</p>\n<p>Of the analysts that cover Intel, 43% rate shares at Buy, 34% have Hold ratings, and 23% rate the stock at Sell. The average target for the stock price is $68.71, which implies a return of 8.6%.</p>\n<p>Intel stock advanced 1.6% to $63.70 in Wednesday trading. Shares in the chip maker have gained 12% in the past year, while the PHLX Semiconductor index, or Sox, has doubled.</p>\n<p>Rolland pointed out that since Intel’s most recent quarterly report, its stock has gained 14%, while the Sox rose 5.8%. The analyst said that outperformance may indicate that expectations for the earnings are high, a potential negative for the stock.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Intel Reports Earnings Thursday. Here’s What to Know.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIntel Reports Earnings Thursday. Here’s What to Know.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 15:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/intel-reports-earnings-thursday-heres-what-to-know-51619037330?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Weeks after Intel installed chief executive Pat Gelsinger and its rollout of a $20 billion plan to expand its manufacturing operations, the company is set to report its earnings.\nInvestors already ...</p>\n\n<a href=\"https://www.barrons.com/articles/intel-reports-earnings-thursday-heres-what-to-know-51619037330?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTC":"英特尔"},"source_url":"https://www.barrons.com/articles/intel-reports-earnings-thursday-heres-what-to-know-51619037330?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147263213","content_text":"Weeks after Intel installed chief executive Pat Gelsinger and its rollout of a $20 billion plan to expand its manufacturing operations, the company is set to report its earnings.\nInvestors already have a solid idea of what the report, due after the close of trading on Thursday, will bring. When Gelsinger unveiled the company’s plans for the future in late March,Intel (ticker: INTC) said it expected full-year earnings of $4 a share from revenue of $76.5 billion. Including various adjustments, such as those related to Intel’s sale of its flash-memory business in 2020, EPS is likely to be $4.55, while revenue is expected to be $72 billion, the company said.\nAs part of the plan, Intel said it would once again license its x86 chip designs to other companies, and create a foundry services unit that would produce chips for third parties interested in paying Intel to fabricate semiconductors.\nIntel didn’t issue precise new financial guidance for the first quarter, but said it expected results better than its prior forecast. Previously, Intel said it expected adjusted first-quarter earnings of $1.10 a share and revenue of $17.5 billion. The consensus forecast is for adjusted earnings of $1.15 a share from revenue of $17.74 billion.\nSusquehanna Financial Group analyst Christopher Rolland,who called the company’s full-year guidance “underwhelming,” said he is expecting investors to focus on Gelsinger’s long-term plans for the company, and to look for more details about Intel’s next generation chip-making technology. According to the analyst’s data sources, notebook sales were strong in the first quarter, but it is less clear what’s coming through the rest of the year.\nAnalysts predict that Intel’s client computing segment, which includes notebook sales, will report first-quarter revenue of $10.02 billion. That is the company’s largest segment, followed by the data center operation, which is expected to report revenue of $5.84 billion.\nDespite Intel’s decision to double down on its manufacturing capabilities, BMO Capital Markets analyst Ambrish Srivastava wrote in a client note Monday that he isn’t expecting executives to offer details about its goals, and their effect on Intel’s financial performance.\nStill, Srivastava said, investors should watch closely for commentary about the impact to the company’s capital spending, profit, and free cash flow, among other things.\nIntel’s report arrives amid a global shortage of semiconductors that is hurting production of goods ranging from appliances to cars and videogame consoles. Gelsinger has previously told Barron’s that he expects the chip shortage to last two years.\nOf the analysts that cover Intel, 43% rate shares at Buy, 34% have Hold ratings, and 23% rate the stock at Sell. The average target for the stock price is $68.71, which implies a return of 8.6%.\nIntel stock advanced 1.6% to $63.70 in Wednesday trading. Shares in the chip maker have gained 12% in the past year, while the PHLX Semiconductor index, or Sox, has doubled.\nRolland pointed out that since Intel’s most recent quarterly report, its stock has gained 14%, while the Sox rose 5.8%. The analyst said that outperformance may indicate that expectations for the earnings are high, a potential negative for the stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":185,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":378101528,"gmtCreate":1619007531664,"gmtModify":1704718184493,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"IPO","listText":"IPO","text":"IPO","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/378101528","repostId":"2129829074","repostType":4,"repost":{"id":"2129829074","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":1618979520,"share":"https://ttm.financial/m/news/2129829074?lang=&edition=fundamental","pubTime":"2021-04-21 12:32","market":"us","language":"en","title":"UiPath IPO: 5 things to know about the 'software robots' company valued at nearly $30 billion","url":"https://stock-news.laohu8.com/highlight/detail?id=2129829074","media":"Dow Jones","summary":"UiPath increased customers by 33% during pandemic by making automation software that is marketed toward employees without software-development knowledge or experience.UiPath Inc. is launching its initial public offering at a valuation close to what it received from venture-capital investors, with help from automation it cheerfully calls \"software robots.\". UiPath $$ makes software that helps automate business tasks, and sets itself apart from rivals by allowing employees without coding experienc","content":"<blockquote>UiPath increased customers by 33% during pandemic by making automation software that is marketed toward employees without software-development knowledge or experience.</blockquote><p>UiPath Inc. is launching its initial public offering at a valuation close to what it received from venture-capital investors, with help from automation it cheerfully calls \"software robots.\"</p><p>UiPath <a href=\"https://laohu8.com/S/PATH.UK\">$(PATH.UK)$</a> makes software that helps automate business tasks, and sets itself apart from rivals by allowing employees without coding experience to customize artificial-intelligence capabilities.</p><p>\"Traditional automation solutions intended to reduce this friction have generally been designed to be used by developers and engineers, rather than the employees directly involved in executing the actual work being automated,\" the company said in its filing with the Securities and Exchange Commission.</p><p>\"Our platform leverages the power of artificial intelligence, or AI, based computer vision to enable our software robots to perform a vast array of actions as a human would when executing business processes,\" the company said. \"These actions include, but are not limited to, logging into applications, extracting information from documents, moving folders, filling in forms, and updating information fields and databases.\"</p><p>Late Tuesday, UiPath priced its IPO at $56 a share, raising more than $1.3 billion and giving the company an initial market capitalization of $29.1 billion, which is less than the self-valuation of $35 billion  following a $750 million round of venture funding on Feb. 1. It's expected to begin trading Wednesday on the New York Stock Exchange under the ticker \"PATH.\"</p><p>UiPath originally filed for its IPO on March 26   have opted for a direct listing instead.</p><p>The New York-based company originally said it was registering up to 24.5 million shares, at a range of $43 to $50 a share, to raise up to $1.22 billion. On Monday, it hiked the range to between $52 and $54 a share  and increased the number of shares it planned to offer.</p><p><a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>, J.P. Morgan, B of A Securities, Credit Suisse, Barclays, and Wells Fargo Securities are among the underwriters.</p><p><b>Here are five things to know about UiPath:</b></p><p><b>The 'humble' company notes rapid expansion</b></p><p>In the S-1, UiPath Chief Executive, Chairman and co-founder Daniel Dines wrote about his company having \"humility\" as a core value, in that it allows its developers to listen and adapt quickly to the needs of the customer. Founded in Bucharest, Romania, in 2005, the company was incorporated in Delaware six years ago after working its way up from \"10 people in an apartment in Romania,\" Dines wrote.</p><p>\"We went against the rules of perfecting the business model first in <a href=\"https://laohu8.com/S/AONE\">one</a> territory, and instead we rapidly expanded globally to the United States, Europe, and Asia simultaneously,\" the CEO wrote in a letter.</p><p>At a current annualized renewal run rate, or ARR, of $580 million, UiPath bills itself as \"<a href=\"https://laohu8.com/S/AONE.U\">one</a> of the fastest-growing modern enterprise software companies ever.\" ARR is a metric often used by software-as-a-service companies to show how much revenue the company can expect based on subscriptions.</p><p>While UiPath notes International Data Corp. sees the automation software market at $17 billion in 2020, with an expected rise to $30 billion by 2024, the company said its \"fully automated enterprise\" software gives it a current market opportunity of more than $60 billion.</p><p><b>CEO holds most of the cards</b></p><p>Since 2015, UiPath has raised about $2 billion in eight funding rounds, according to Crunchbase. That funding doesn't appear to have bought much voting power in the company, though.</p><p>UiPath's Class B shares carry 35 votes, while Class A shares -- being offered in the IPO -- carry one vote. The S-1 filing revealed that CEO Dines holds 100% of the Class B shares and 6.5% of the Class A shares, for 88.1% of the voting power.</p><p>The only entity that comes close to that is venture-capital firm Accel, which began building its stake in 2017, and now claims about 101 million Class A shares, or 24% of those shares, for 3.1% of the voting power. Earlybird Management, with 9.5% of Class A shares, commands 1.2% of the votes.</p><p><b>The company has reined in expenses</b></p><p>For the fiscal year 2021 ended Jan. 30, the company booked $607.6 million in revenue for a loss of $92.4 million, compared with $336.2 million in revenue for a loss of $519.9 million in fiscal 2020. In 2018, UiPath reported fiscal 2019 revenue of $148.5 million and a loss of $261.6 million.</p><p>As revenue rose 81% for fiscal 2021, UiPath reduced sales and marketing costs by 21%, research and development costs by 16%, and general and administrative expenses by 10%.</p><p><b>No specific plans for the funds</b></p><p>If underwriters exercise all option for shares in the offering, UiPath expects to bring in net proceeds of about $1.34 billion, based on a $56 stock price. With about $357.7 million in ready cash on the books as of Jan. 31, the company isn't earmarking raised capital for any specific use.</p><p>\"As of the date of this prospectus, we cannot specify with certainty all of the particular uses for the net proceeds to us from this offering,\" the company said in its April 19 filing. \"However, we currently intend to use the net proceeds we receive from this offering for general corporate purposes, including working capital, operating expenses, and capital expenditures.\"</p><p><b>COVID-19 boosted diverse customer base</b></p><p>As of Jan. 31, the company claimed having nearly 8,000 customers, with 63% of the those in the Fortune Global 500. About 1,000 of those customers account for more than $100,000 in ARR apiece, UiPath said. The company highlighted such customers as Adobe Inc. <a href=\"https://laohu8.com/S/ADBE\">$(ADBE)$</a>, Applied Materials Inc. <a href=\"https://laohu8.com/S/AMAT\">$(AMAT)$</a>, Chevron Corp. <a href=\"https://laohu8.com/S/CVX\">$(CVX)$</a>, Chipotle Mexican Grill Inc. <a href=\"https://laohu8.com/S/CMG\">$(CMG)$</a>, CrowdStrike Holdings Inc. <a href=\"https://laohu8.com/S/CRWD\">$(CRWD)$</a>, CVS Health Corp. <a href=\"https://laohu8.com/S/CVS\">$(CVS)$</a> and Uber Technologies Inc. <a href=\"https://laohu8.com/S/UBER\">$(UBER)$</a>.</p><p>That's compared with the 700-or-so customers the company claimed in 2018.</p><p>The company's current customer base is spread out enough where one customer can't upset revenue significantly.  \"No customer or channel partner accounted for more than 10% of our revenue for the year-ended January 31, 2021,\" according to the S-1.</p><p>Meanwhile, the COVID-19 pandemic helped. On Jan. 31, 2020, the company said it had about 6,000 customers, so during the year of the pandemic alone, UiPath grew its number of customers by 33%.</p><p>\"As the pandemic persisted, global demand for automation continued to accelerate as automation became essential for business execution and performance in a remote working environment,\" UiPath said.</p><p>\"While the pandemic may have accelerated the adoption of automation, the need for organizations to address extraordinary cost pressures, preserve and grow revenue, and adapt to ever-evolving end-customer needs illustrates the durability of the demand for digital transformation and the resilience and power of automation in even the most challenging times,\" according to the company.</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>UiPath IPO: 5 things to know about the 'software robots' company valued at nearly $30 billion</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\">\nUiPath IPO: 5 things to know about the 'software robots' company valued at nearly $30 billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-04-21 12:32</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>UiPath increased customers by 33% during pandemic by making automation software that is marketed toward employees without software-development knowledge or experience.</blockquote><p>UiPath Inc. is launching its initial public offering at a valuation close to what it received from venture-capital investors, with help from automation it cheerfully calls \"software robots.\"</p><p>UiPath <a href=\"https://laohu8.com/S/PATH.UK\">$(PATH.UK)$</a> makes software that helps automate business tasks, and sets itself apart from rivals by allowing employees without coding experience to customize artificial-intelligence capabilities.</p><p>\"Traditional automation solutions intended to reduce this friction have generally been designed to be used by developers and engineers, rather than the employees directly involved in executing the actual work being automated,\" the company said in its filing with the Securities and Exchange Commission.</p><p>\"Our platform leverages the power of artificial intelligence, or AI, based computer vision to enable our software robots to perform a vast array of actions as a human would when executing business processes,\" the company said. \"These actions include, but are not limited to, logging into applications, extracting information from documents, moving folders, filling in forms, and updating information fields and databases.\"</p><p>Late Tuesday, UiPath priced its IPO at $56 a share, raising more than $1.3 billion and giving the company an initial market capitalization of $29.1 billion, which is less than the self-valuation of $35 billion  following a $750 million round of venture funding on Feb. 1. It's expected to begin trading Wednesday on the New York Stock Exchange under the ticker \"PATH.\"</p><p>UiPath originally filed for its IPO on March 26   have opted for a direct listing instead.</p><p>The New York-based company originally said it was registering up to 24.5 million shares, at a range of $43 to $50 a share, to raise up to $1.22 billion. On Monday, it hiked the range to between $52 and $54 a share  and increased the number of shares it planned to offer.</p><p><a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>, J.P. Morgan, B of A Securities, Credit Suisse, Barclays, and Wells Fargo Securities are among the underwriters.</p><p><b>Here are five things to know about UiPath:</b></p><p><b>The 'humble' company notes rapid expansion</b></p><p>In the S-1, UiPath Chief Executive, Chairman and co-founder Daniel Dines wrote about his company having \"humility\" as a core value, in that it allows its developers to listen and adapt quickly to the needs of the customer. Founded in Bucharest, Romania, in 2005, the company was incorporated in Delaware six years ago after working its way up from \"10 people in an apartment in Romania,\" Dines wrote.</p><p>\"We went against the rules of perfecting the business model first in <a href=\"https://laohu8.com/S/AONE\">one</a> territory, and instead we rapidly expanded globally to the United States, Europe, and Asia simultaneously,\" the CEO wrote in a letter.</p><p>At a current annualized renewal run rate, or ARR, of $580 million, UiPath bills itself as \"<a href=\"https://laohu8.com/S/AONE.U\">one</a> of the fastest-growing modern enterprise software companies ever.\" ARR is a metric often used by software-as-a-service companies to show how much revenue the company can expect based on subscriptions.</p><p>While UiPath notes International Data Corp. sees the automation software market at $17 billion in 2020, with an expected rise to $30 billion by 2024, the company said its \"fully automated enterprise\" software gives it a current market opportunity of more than $60 billion.</p><p><b>CEO holds most of the cards</b></p><p>Since 2015, UiPath has raised about $2 billion in eight funding rounds, according to Crunchbase. That funding doesn't appear to have bought much voting power in the company, though.</p><p>UiPath's Class B shares carry 35 votes, while Class A shares -- being offered in the IPO -- carry one vote. The S-1 filing revealed that CEO Dines holds 100% of the Class B shares and 6.5% of the Class A shares, for 88.1% of the voting power.</p><p>The only entity that comes close to that is venture-capital firm Accel, which began building its stake in 2017, and now claims about 101 million Class A shares, or 24% of those shares, for 3.1% of the voting power. Earlybird Management, with 9.5% of Class A shares, commands 1.2% of the votes.</p><p><b>The company has reined in expenses</b></p><p>For the fiscal year 2021 ended Jan. 30, the company booked $607.6 million in revenue for a loss of $92.4 million, compared with $336.2 million in revenue for a loss of $519.9 million in fiscal 2020. In 2018, UiPath reported fiscal 2019 revenue of $148.5 million and a loss of $261.6 million.</p><p>As revenue rose 81% for fiscal 2021, UiPath reduced sales and marketing costs by 21%, research and development costs by 16%, and general and administrative expenses by 10%.</p><p><b>No specific plans for the funds</b></p><p>If underwriters exercise all option for shares in the offering, UiPath expects to bring in net proceeds of about $1.34 billion, based on a $56 stock price. With about $357.7 million in ready cash on the books as of Jan. 31, the company isn't earmarking raised capital for any specific use.</p><p>\"As of the date of this prospectus, we cannot specify with certainty all of the particular uses for the net proceeds to us from this offering,\" the company said in its April 19 filing. \"However, we currently intend to use the net proceeds we receive from this offering for general corporate purposes, including working capital, operating expenses, and capital expenditures.\"</p><p><b>COVID-19 boosted diverse customer base</b></p><p>As of Jan. 31, the company claimed having nearly 8,000 customers, with 63% of the those in the Fortune Global 500. About 1,000 of those customers account for more than $100,000 in ARR apiece, UiPath said. The company highlighted such customers as Adobe Inc. <a href=\"https://laohu8.com/S/ADBE\">$(ADBE)$</a>, Applied Materials Inc. <a href=\"https://laohu8.com/S/AMAT\">$(AMAT)$</a>, Chevron Corp. <a href=\"https://laohu8.com/S/CVX\">$(CVX)$</a>, Chipotle Mexican Grill Inc. <a href=\"https://laohu8.com/S/CMG\">$(CMG)$</a>, CrowdStrike Holdings Inc. <a href=\"https://laohu8.com/S/CRWD\">$(CRWD)$</a>, CVS Health Corp. <a href=\"https://laohu8.com/S/CVS\">$(CVS)$</a> and Uber Technologies Inc. <a href=\"https://laohu8.com/S/UBER\">$(UBER)$</a>.</p><p>That's compared with the 700-or-so customers the company claimed in 2018.</p><p>The company's current customer base is spread out enough where one customer can't upset revenue significantly.  \"No customer or channel partner accounted for more than 10% of our revenue for the year-ended January 31, 2021,\" according to the S-1.</p><p>Meanwhile, the COVID-19 pandemic helped. On Jan. 31, 2020, the company said it had about 6,000 customers, so during the year of the pandemic alone, UiPath grew its number of customers by 33%.</p><p>\"As the pandemic persisted, global demand for automation continued to accelerate as automation became essential for business execution and performance in a remote working environment,\" UiPath said.</p><p>\"While the pandemic may have accelerated the adoption of automation, the need for organizations to address extraordinary cost pressures, preserve and grow revenue, and adapt to ever-evolving end-customer needs illustrates the durability of the demand for digital transformation and the resilience and power of automation in even the most challenging times,\" according to the company.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TERN":"Terns Pharmaceuticals, Inc.","CRCT":"Cricut, Inc.","PATH":"UiPath"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129829074","content_text":"UiPath increased customers by 33% during pandemic by making automation software that is marketed toward employees without software-development knowledge or experience.UiPath Inc. is launching its initial public offering at a valuation close to what it received from venture-capital investors, with help from automation it cheerfully calls \"software robots.\"UiPath $(PATH.UK)$ makes software that helps automate business tasks, and sets itself apart from rivals by allowing employees without coding experience to customize artificial-intelligence capabilities.\"Traditional automation solutions intended to reduce this friction have generally been designed to be used by developers and engineers, rather than the employees directly involved in executing the actual work being automated,\" the company said in its filing with the Securities and Exchange Commission.\"Our platform leverages the power of artificial intelligence, or AI, based computer vision to enable our software robots to perform a vast array of actions as a human would when executing business processes,\" the company said. \"These actions include, but are not limited to, logging into applications, extracting information from documents, moving folders, filling in forms, and updating information fields and databases.\"Late Tuesday, UiPath priced its IPO at $56 a share, raising more than $1.3 billion and giving the company an initial market capitalization of $29.1 billion, which is less than the self-valuation of $35 billion  following a $750 million round of venture funding on Feb. 1. It's expected to begin trading Wednesday on the New York Stock Exchange under the ticker \"PATH.\"UiPath originally filed for its IPO on March 26   have opted for a direct listing instead.The New York-based company originally said it was registering up to 24.5 million shares, at a range of $43 to $50 a share, to raise up to $1.22 billion. On Monday, it hiked the range to between $52 and $54 a share  and increased the number of shares it planned to offer.Morgan Stanley, J.P. Morgan, B of A Securities, Credit Suisse, Barclays, and Wells Fargo Securities are among the underwriters.Here are five things to know about UiPath:The 'humble' company notes rapid expansionIn the S-1, UiPath Chief Executive, Chairman and co-founder Daniel Dines wrote about his company having \"humility\" as a core value, in that it allows its developers to listen and adapt quickly to the needs of the customer. Founded in Bucharest, Romania, in 2005, the company was incorporated in Delaware six years ago after working its way up from \"10 people in an apartment in Romania,\" Dines wrote.\"We went against the rules of perfecting the business model first in one territory, and instead we rapidly expanded globally to the United States, Europe, and Asia simultaneously,\" the CEO wrote in a letter.At a current annualized renewal run rate, or ARR, of $580 million, UiPath bills itself as \"one of the fastest-growing modern enterprise software companies ever.\" ARR is a metric often used by software-as-a-service companies to show how much revenue the company can expect based on subscriptions.While UiPath notes International Data Corp. sees the automation software market at $17 billion in 2020, with an expected rise to $30 billion by 2024, the company said its \"fully automated enterprise\" software gives it a current market opportunity of more than $60 billion.CEO holds most of the cardsSince 2015, UiPath has raised about $2 billion in eight funding rounds, according to Crunchbase. That funding doesn't appear to have bought much voting power in the company, though.UiPath's Class B shares carry 35 votes, while Class A shares -- being offered in the IPO -- carry one vote. The S-1 filing revealed that CEO Dines holds 100% of the Class B shares and 6.5% of the Class A shares, for 88.1% of the voting power.The only entity that comes close to that is venture-capital firm Accel, which began building its stake in 2017, and now claims about 101 million Class A shares, or 24% of those shares, for 3.1% of the voting power. Earlybird Management, with 9.5% of Class A shares, commands 1.2% of the votes.The company has reined in expensesFor the fiscal year 2021 ended Jan. 30, the company booked $607.6 million in revenue for a loss of $92.4 million, compared with $336.2 million in revenue for a loss of $519.9 million in fiscal 2020. In 2018, UiPath reported fiscal 2019 revenue of $148.5 million and a loss of $261.6 million.As revenue rose 81% for fiscal 2021, UiPath reduced sales and marketing costs by 21%, research and development costs by 16%, and general and administrative expenses by 10%.No specific plans for the fundsIf underwriters exercise all option for shares in the offering, UiPath expects to bring in net proceeds of about $1.34 billion, based on a $56 stock price. With about $357.7 million in ready cash on the books as of Jan. 31, the company isn't earmarking raised capital for any specific use.\"As of the date of this prospectus, we cannot specify with certainty all of the particular uses for the net proceeds to us from this offering,\" the company said in its April 19 filing. \"However, we currently intend to use the net proceeds we receive from this offering for general corporate purposes, including working capital, operating expenses, and capital expenditures.\"COVID-19 boosted diverse customer baseAs of Jan. 31, the company claimed having nearly 8,000 customers, with 63% of the those in the Fortune Global 500. About 1,000 of those customers account for more than $100,000 in ARR apiece, UiPath said. The company highlighted such customers as Adobe Inc. $(ADBE)$, Applied Materials Inc. $(AMAT)$, Chevron Corp. $(CVX)$, Chipotle Mexican Grill Inc. $(CMG)$, CrowdStrike Holdings Inc. $(CRWD)$, CVS Health Corp. $(CVS)$ and Uber Technologies Inc. $(UBER)$.That's compared with the 700-or-so customers the company claimed in 2018.The company's current customer base is spread out enough where one customer can't upset revenue significantly.  \"No customer or channel partner accounted for more than 10% of our revenue for the year-ended January 31, 2021,\" according to the S-1.Meanwhile, the COVID-19 pandemic helped. On Jan. 31, 2020, the company said it had about 6,000 customers, so during the year of the pandemic alone, UiPath grew its number of customers by 33%.\"As the pandemic persisted, global demand for automation continued to accelerate as automation became essential for business execution and performance in a remote working environment,\" UiPath said.\"While the pandemic may have accelerated the adoption of automation, the need for organizations to address extraordinary cost pressures, preserve and grow revenue, and adapt to ever-evolving end-customer needs illustrates the durability of the demand for digital transformation and the resilience and power of automation in even the most challenging times,\" according to the company.","news_type":1},"isVote":1,"tweetType":1,"viewCount":160,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":350463184,"gmtCreate":1616255190748,"gmtModify":1704792504160,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"what!","listText":"what!","text":"what!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/350463184","repostId":"1136440314","repostType":4,"repost":{"id":"1136440314","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1616165231,"share":"https://ttm.financial/m/news/1136440314?lang=&edition=fundamental","pubTime":"2021-03-19 22:47","market":"us","language":"en","title":"Facebook rose more than 4%","url":"https://stock-news.laohu8.com/highlight/detail?id=1136440314","media":"Tiger Newspress","summary":"(March 19) Facebook rose more than 4%.Facebook is a strong positive outlier in the S&P 500 today,up ","content":"<p>(March 19)&nbsp;Facebook rose more than 4%.</p><p><img src=\"https://static.tigerbbs.com/fea58a0f3c9d80d1b9267044a776f39d\" tg-width=\"678\" tg-height=\"520\" referrerpolicy=\"no-referrer\"></p><p></p><p>Facebook&nbsp;is a strong positive outlier in the S&amp;P 500 today,up 4.08%&nbsp;and gaining (and bouncing back froma slightly decline yesterday) after CEO Mark Zuckerberg looked to change his tune on upcoming privacy changes from Apple.</p><p>Zuckerberg had increasingly taken an adversarial stance against the big-tech rival, but in a new discussion on audio platform Clubhouse, he said thatFacebook may be better off this way.</p><p>\"I think the reality is that I'm confident that we're gonna be able to manage through that situation,\" Zuckerberg said. \"And we'll be in a good position. I think it's possible that we may even be in a stronger position.\"</p><p>That marks a sharp reversal from last summer, when Facebook said Apple's change to unique device IDs couldcut revenues in half for its Audience Network in-app ad business, and Facebook chief Mark Zuckerbergsingled Apple out for criticism in a companywide meeting.</p><p>Now, Zuckerberg is saying Apple's changes might encourage sellers to use Facebook's commerce products directly.</p><p>\"Apple's changes encourage more businesses to conduct commerce on our platforms, by making it harder for them to basically use their data in order to find the customers that would want to use their products outside of our platforms,\" he said.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook rose more than 4%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook rose more than 4%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-03-19 22:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(March 19)&nbsp;Facebook rose more than 4%.</p><p><img src=\"https://static.tigerbbs.com/fea58a0f3c9d80d1b9267044a776f39d\" tg-width=\"678\" tg-height=\"520\" referrerpolicy=\"no-referrer\"></p><p></p><p>Facebook&nbsp;is a strong positive outlier in the S&amp;P 500 today,up 4.08%&nbsp;and gaining (and bouncing back froma slightly decline yesterday) after CEO Mark Zuckerberg looked to change his tune on upcoming privacy changes from Apple.</p><p>Zuckerberg had increasingly taken an adversarial stance against the big-tech rival, but in a new discussion on audio platform Clubhouse, he said thatFacebook may be better off this way.</p><p>\"I think the reality is that I'm confident that we're gonna be able to manage through that situation,\" Zuckerberg said. \"And we'll be in a good position. I think it's possible that we may even be in a stronger position.\"</p><p>That marks a sharp reversal from last summer, when Facebook said Apple's change to unique device IDs couldcut revenues in half for its Audience Network in-app ad business, and Facebook chief Mark Zuckerbergsingled Apple out for criticism in a companywide meeting.</p><p>Now, Zuckerberg is saying Apple's changes might encourage sellers to use Facebook's commerce products directly.</p><p>\"Apple's changes encourage more businesses to conduct commerce on our platforms, by making it harder for them to basically use their data in order to find the customers that would want to use their products outside of our platforms,\" he said.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136440314","content_text":"(March 19) Facebook rose more than 4%.Facebook is a strong positive outlier in the S&P 500 today,up 4.08% and gaining (and bouncing back froma slightly decline yesterday) after CEO Mark Zuckerberg looked to change his tune on upcoming privacy changes from Apple.Zuckerberg had increasingly taken an adversarial stance against the big-tech rival, but in a new discussion on audio platform Clubhouse, he said thatFacebook may be better off this way.\"I think the reality is that I'm confident that we're gonna be able to manage through that situation,\" Zuckerberg said. \"And we'll be in a good position. I think it's possible that we may even be in a stronger position.\"That marks a sharp reversal from last summer, when Facebook said Apple's change to unique device IDs couldcut revenues in half for its Audience Network in-app ad business, and Facebook chief Mark Zuckerbergsingled Apple out for criticism in a companywide meeting.Now, Zuckerberg is saying Apple's changes might encourage sellers to use Facebook's commerce products directly.\"Apple's changes encourage more businesses to conduct commerce on our platforms, by making it harder for them to basically use their data in order to find the customers that would want to use their products outside of our platforms,\" he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":99,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":324409183,"gmtCreate":1616022264042,"gmtModify":1704789756922,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"Wow&nbsp;","listText":"Wow&nbsp;","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/324409183","repostId":"1159727729","repostType":4,"repost":{"id":"1159727729","pubTimestamp":1615993857,"share":"https://ttm.financial/m/news/1159727729?lang=&edition=fundamental","pubTime":"2021-03-17 23:10","market":"us","language":"en","title":"Yields Jump, Tech Declines Amid Dot Plot Anxiety: Markets Wrap","url":"https://stock-news.laohu8.com/highlight/detail?id=1159727729","media":"Bloomberg","summary":"(Bloomberg) -- Treasury yields climbed to more than one-year highs and growth stocks favored under t","content":"<p>(Bloomberg) -- Treasury yields climbed to more than one-year highs and growth stocks favored under the so-called reflation led U.S. equity declines amid concern Federal Reserve officials could revise forecasts for when they see a liftoff from near-zero rates.</p>\n<p>The tech-heavy Nasdaq 100 slumped for the first time in three trading sessions as U.S. central bankers meet for a second day. The S&amp;P 500 also declined, while the Dow Jones Industrial Average erased earlier gains. Fuel-cell firm Plug Power Inc. tumbled after it disclosed accounting errors.</p>\n<p>“The interest rate game continues to be the key catalyst among movement within the U.S. equity market. The 10-year Treasury yield rises, the Nasdaq 100 falls and partially drags the S&amp;P 500 with it,”said Michael O’Rourke, chief market strategist at JonesTrading. “The Federal Reserve certainly does not need to react to every signal the market provides. The market just wants the chairman to indicate that he is not blind to it.”</p>\n<p>Expectations of a strong recovery from the Covid-19 slump are putting an intense focus on Fed officials’ projections for interest rates displayed in their “dot plot.” Two-thirds of economists surveyed by Bloomberg expect policy makers to continue to signal no liftoff from near-zero rates through 2023, though more of the 18 central bankers could drift their dots higher.</p>\n<p>The yield on 30-year Treasuries spiked to a level unseen since 2019 and the 10-year hit 1.67%. Market-implied inflation expectations are at 12-year highs. The dollar strengthened versus most major peers.</p>\n<p>“So what happens with the fixed income markets will ultimately determine also what happens with equity markets too, especially if those fixed income yields start to rise,” said Rohan Reddy, a research analyst at Global X Management. “So I would expect them to come out with a slightly more detailed policy, and if they don’t you could see a bit of a market selloff.”</p>\n<p>Elsewhere, the Stoxx Europe 600 Index fell, and South Korean stocks retreated as Samsung Electronics Co. warned it’s grappling with the fallout from a “serious imbalance” in semiconductors globally.</p>\n<p>WTI crude oil reversed a gain after the International Energy Agency said markets aren’t on the verge of a new price supercycle. Bitcoin held at about $55,000, below the weekend record above $61,000.</p>\n<p>These are some key events this week:</p>\n<p>Fed Chair Jerome Powell will likely reaffirm his steady policy stance at the Fed policy meeting Wednesday.Bank of England rate decision Thursday. BOE is expected to leave monetary policy unchanged.Bank of Japan monetary policy decision and Governor Haruhiko Kuroda briefing Friday.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Yields Jump, Tech Declines Amid Dot Plot Anxiety: Markets Wrap</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\">\nYields Jump, Tech Declines Amid Dot Plot Anxiety: Markets Wrap\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-17 23:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/asian-stocks-open-steady-oil-205952812.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Treasury yields climbed to more than one-year highs and growth stocks favored under the so-called reflation led U.S. equity declines amid concern Federal Reserve officials could revise ...</p>\n\n<a href=\"https://finance.yahoo.com/news/asian-stocks-open-steady-oil-205952812.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/asian-stocks-open-steady-oil-205952812.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159727729","content_text":"(Bloomberg) -- Treasury yields climbed to more than one-year highs and growth stocks favored under the so-called reflation led U.S. equity declines amid concern Federal Reserve officials could revise forecasts for when they see a liftoff from near-zero rates.\nThe tech-heavy Nasdaq 100 slumped for the first time in three trading sessions as U.S. central bankers meet for a second day. The S&P 500 also declined, while the Dow Jones Industrial Average erased earlier gains. Fuel-cell firm Plug Power Inc. tumbled after it disclosed accounting errors.\n“The interest rate game continues to be the key catalyst among movement within the U.S. equity market. The 10-year Treasury yield rises, the Nasdaq 100 falls and partially drags the S&P 500 with it,”said Michael O’Rourke, chief market strategist at JonesTrading. “The Federal Reserve certainly does not need to react to every signal the market provides. The market just wants the chairman to indicate that he is not blind to it.”\nExpectations of a strong recovery from the Covid-19 slump are putting an intense focus on Fed officials’ projections for interest rates displayed in their “dot plot.” Two-thirds of economists surveyed by Bloomberg expect policy makers to continue to signal no liftoff from near-zero rates through 2023, though more of the 18 central bankers could drift their dots higher.\nThe yield on 30-year Treasuries spiked to a level unseen since 2019 and the 10-year hit 1.67%. Market-implied inflation expectations are at 12-year highs. The dollar strengthened versus most major peers.\n“So what happens with the fixed income markets will ultimately determine also what happens with equity markets too, especially if those fixed income yields start to rise,” said Rohan Reddy, a research analyst at Global X Management. “So I would expect them to come out with a slightly more detailed policy, and if they don’t you could see a bit of a market selloff.”\nElsewhere, the Stoxx Europe 600 Index fell, and South Korean stocks retreated as Samsung Electronics Co. warned it’s grappling with the fallout from a “serious imbalance” in semiconductors globally.\nWTI crude oil reversed a gain after the International Energy Agency said markets aren’t on the verge of a new price supercycle. Bitcoin held at about $55,000, below the weekend record above $61,000.\nThese are some key events this week:\nFed Chair Jerome Powell will likely reaffirm his steady policy stance at the Fed policy meeting Wednesday.Bank of England rate decision Thursday. BOE is expected to leave monetary policy unchanged.Bank of Japan monetary policy decision and Governor Haruhiko Kuroda briefing Friday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":70,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110327602,"gmtCreate":1622426665506,"gmtModify":1704184205636,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/110327602","repostId":"2139480953","repostType":4,"repost":{"id":"2139480953","pubTimestamp":1622421908,"share":"https://ttm.financial/m/news/2139480953?lang=&edition=fundamental","pubTime":"2021-05-31 08:45","market":"us","language":"en","title":"2 Deeply Discounted Dividend Stocks to Buy and Hold Right Now","url":"https://stock-news.laohu8.com/highlight/detail?id=2139480953","media":"Motley Fool","summary":"These pharmaceutical companies might make great long-term additions to your portfolio.","content":"<p>Finding bargains can be a tough challenge even in a market that's going down. But there are always discounts to be had, and two great blue-chip companies -- <b>AstraZeneca </b>(NASDAQ:AZN) and <b>GlaxoSmithKline </b>(NYSE:GSK) -- are currently selling for bargain prices. Both offer solid dividends in the mix, meaning that a buy-and-hold strategy with these stocks in your portfolio could prove quite fruitful over the long run.</p>\n<p>Here's why you may want to take a look at these two companies.</p>\n<p><img src=\"https://static.tigerbbs.com/6241bdb32e48148eeb1bcc68b793ec25\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\">Image source: <a href=\"https://laohu8.com/S/GTY\">Getty</a> Images.</p>\n<h2>1. AstraZeneca</h2>\n<p>Still down from its all-time highs of $61 set back in July 2020, AstraZeneca is currently in a great spot to possibly break through that record and head higher. Trading at a forward price-to-earnings ratio of just 15.23, the stock looks cheap compared with a year ago, when it traded at its average market valuation with a forward P/E of 20 -- a level it's maintained for the past five years, indicating that today's valuation is a discount.</p>\n<p>Its current discount can be attributed to a tremendous growth in earnings to which the stock price has yet to catch up, highlighting the immense potential AstraZeneca has to rise. Its 2018 earnings per share were $1.70, 2019's were $1.03, and 2020's were $2.44 -- a remarkable jump.</p>\n<p>AstraZeneca's new drugs are <a href=\"https://laohu8.com/S/AONE\">one</a> reason for optimism about its growth. One in particular that shows incredible promise is Fasenra, for severe asthma. Fasenra's sales potential looks especially impressive given the market in which it operates. The global asthma market in 2020 came in at $20.6 billion, which could provide a lot of potential for Fasenra -- already a near-blockbuster, with nearly $1 billion in 2020 sales -- to grow and take market share away from <b>GlaxoSmithKline</b>'s Nucala and <b><a href=\"https://laohu8.com/S/GCVRZ\">Sanofi</a>'</b>s Dupixient. Doctors already seem to prefer Fasenra thanks to its more precise dosing, and Fasenra could end up bringing AstraZeneca several billion dollars annually.</p>\n<p>Eventually, AstraZeneca's stock price will catch up with its revenue growth. Taking analysts' EPS estimates of $3.77 for the year and figuring on a P/E of 21, we are looking at a $79 share price -- a 38% return on this discounted stock should it return to the valuation which the market has historically applied.</p>\n<p>AstraZeneca also pays a dividend, yielding 2.44%, almost double the <b>SPDR S&amp;P 500</b> ETF's 1.3%. With a reliable dividend history going back to 1999 and potential for lots of upside, AstraZeneca is worth considering as a set-and-forget stock.</p>\n<h2>2. GlaxoSmithKline</h2>\n<p>Founded in 1715 as a small apothecary shop, GlaxoSmithKline has spent more than 300 years growing into the multinational pharmaceutical company we know today. The business behind such brand names as Aquafresh, Nicorette, Sensodyne, and Tums, GlaxoSmithKline is familiar to consumers worldwide.</p>\n<p>The company today sits off recent highs of more than $45 a share set before March 2020. It currently trades at about $39, and looks inexpensive at that valuation, with a forward P/E of 13.98. Its five-year average forward P/E has been 14.59, so buying today could be getting the stock cheap. If it rises to back to its highs, investors would reap a 15% return; even if it only reverts to its normal market valuation, the return would be 9.5%.</p>\n<p>Management has discussed potentially cutting the dividend as the company spins off its consumer health segment in 2022. That division brought in 10 billion pounds in 2020, or almost 30% of total revenue (34 billion pounds). The company is making this move to help transform itself into a research and development-focused biopharma; the spun-off segment will focus on consumer health. Dividend investors value safe payouts, and a dividend cut makes sense for a business that's spinning off a segment that's been adding to revenue. Without a cut, the payout ratio after the spinoff would be very high, and the company might not be able to meet its obligations to pay shareholders, making the dividend unsustainable.</p>\n<p>Thus, this move should bring safety to the dividend and to the financial health of the company. GlaxoSmithKline can use that excess cash to reinvest into other parts of the business to drive future revenue growth. One such business is its vaccine segment; the company is currently co-developing a COVID-19 vaccine with pharmaceutical company Sanofi. So far, the partners have garnered a $2.1 billion contract with the U.S. gvernment to develop and deliver 100 million doses of their vaccine, and deals with the European Union and Canada to deliver 300 million and 60 million doses to those areas respectively.</p>\n<p>While the financials of the latter two deals have yet to be been disclosed, the terms are likely similar to those reached with the U.S. Such deals have the potential to bring billions in revenue, not just in the near term but for the future as the world continues to fight against COVID-19.</p>\n<p>When looking for stocks to buy and hold, safety and stability must be taken into account. Still off its highs, GlaxoSmithKline has a lot more room to grow in share price, and given the dividend cut, its payout should be much more secure as part of a long-term strategy.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2 Deeply Discounted Dividend Stocks to Buy and Hold Right Now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 Deeply Discounted Dividend Stocks to Buy and Hold Right Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-31 08:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/30/deeply-discounted-dividend-stocks-to-buy-and-hold/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Finding bargains can be a tough challenge even in a market that's going down. But there are always discounts to be had, and two great blue-chip companies -- AstraZeneca (NASDAQ:AZN) and ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/30/deeply-discounted-dividend-stocks-to-buy-and-hold/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AZN":"阿斯利康","GSK":"葛兰素史克"},"source_url":"https://www.fool.com/investing/2021/05/30/deeply-discounted-dividend-stocks-to-buy-and-hold/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2139480953","content_text":"Finding bargains can be a tough challenge even in a market that's going down. But there are always discounts to be had, and two great blue-chip companies -- AstraZeneca (NASDAQ:AZN) and GlaxoSmithKline (NYSE:GSK) -- are currently selling for bargain prices. Both offer solid dividends in the mix, meaning that a buy-and-hold strategy with these stocks in your portfolio could prove quite fruitful over the long run.\nHere's why you may want to take a look at these two companies.\nImage source: Getty Images.\n1. AstraZeneca\nStill down from its all-time highs of $61 set back in July 2020, AstraZeneca is currently in a great spot to possibly break through that record and head higher. Trading at a forward price-to-earnings ratio of just 15.23, the stock looks cheap compared with a year ago, when it traded at its average market valuation with a forward P/E of 20 -- a level it's maintained for the past five years, indicating that today's valuation is a discount.\nIts current discount can be attributed to a tremendous growth in earnings to which the stock price has yet to catch up, highlighting the immense potential AstraZeneca has to rise. Its 2018 earnings per share were $1.70, 2019's were $1.03, and 2020's were $2.44 -- a remarkable jump.\nAstraZeneca's new drugs are one reason for optimism about its growth. One in particular that shows incredible promise is Fasenra, for severe asthma. Fasenra's sales potential looks especially impressive given the market in which it operates. The global asthma market in 2020 came in at $20.6 billion, which could provide a lot of potential for Fasenra -- already a near-blockbuster, with nearly $1 billion in 2020 sales -- to grow and take market share away from GlaxoSmithKline's Nucala and Sanofi's Dupixient. Doctors already seem to prefer Fasenra thanks to its more precise dosing, and Fasenra could end up bringing AstraZeneca several billion dollars annually.\nEventually, AstraZeneca's stock price will catch up with its revenue growth. Taking analysts' EPS estimates of $3.77 for the year and figuring on a P/E of 21, we are looking at a $79 share price -- a 38% return on this discounted stock should it return to the valuation which the market has historically applied.\nAstraZeneca also pays a dividend, yielding 2.44%, almost double the SPDR S&P 500 ETF's 1.3%. With a reliable dividend history going back to 1999 and potential for lots of upside, AstraZeneca is worth considering as a set-and-forget stock.\n2. GlaxoSmithKline\nFounded in 1715 as a small apothecary shop, GlaxoSmithKline has spent more than 300 years growing into the multinational pharmaceutical company we know today. The business behind such brand names as Aquafresh, Nicorette, Sensodyne, and Tums, GlaxoSmithKline is familiar to consumers worldwide.\nThe company today sits off recent highs of more than $45 a share set before March 2020. It currently trades at about $39, and looks inexpensive at that valuation, with a forward P/E of 13.98. Its five-year average forward P/E has been 14.59, so buying today could be getting the stock cheap. If it rises to back to its highs, investors would reap a 15% return; even if it only reverts to its normal market valuation, the return would be 9.5%.\nManagement has discussed potentially cutting the dividend as the company spins off its consumer health segment in 2022. That division brought in 10 billion pounds in 2020, or almost 30% of total revenue (34 billion pounds). The company is making this move to help transform itself into a research and development-focused biopharma; the spun-off segment will focus on consumer health. Dividend investors value safe payouts, and a dividend cut makes sense for a business that's spinning off a segment that's been adding to revenue. Without a cut, the payout ratio after the spinoff would be very high, and the company might not be able to meet its obligations to pay shareholders, making the dividend unsustainable.\nThus, this move should bring safety to the dividend and to the financial health of the company. GlaxoSmithKline can use that excess cash to reinvest into other parts of the business to drive future revenue growth. One such business is its vaccine segment; the company is currently co-developing a COVID-19 vaccine with pharmaceutical company Sanofi. So far, the partners have garnered a $2.1 billion contract with the U.S. gvernment to develop and deliver 100 million doses of their vaccine, and deals with the European Union and Canada to deliver 300 million and 60 million doses to those areas respectively.\nWhile the financials of the latter two deals have yet to be been disclosed, the terms are likely similar to those reached with the U.S. Such deals have the potential to bring billions in revenue, not just in the near term but for the future as the world continues to fight against COVID-19.\nWhen looking for stocks to buy and hold, safety and stability must be taken into account. Still off its highs, GlaxoSmithKline has a lot more room to grow in share price, and given the dividend cut, its payout should be much more secure as part of a long-term strategy.","news_type":1},"isVote":1,"tweetType":1,"viewCount":334,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374706801,"gmtCreate":1619479944003,"gmtModify":1704724467902,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/374706801","repostId":"1126317368","repostType":4,"repost":{"id":"1126317368","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1619447548,"share":"https://ttm.financial/m/news/1126317368?lang=&edition=fundamental","pubTime":"2021-04-26 22:32","market":"us","language":"en","title":"U.S. auto dealers are winners as chip shortage lifts vehicle profits","url":"https://stock-news.laohu8.com/highlight/detail?id=1126317368","media":"Reuters","summary":"Mike Bowsher shakes his head in wonder when he hears yet another customer at one of his Buick-GMC de","content":"<p>Mike Bowsher shakes his head in wonder when he hears yet another customer at one of his Buick-GMC dealerships near Atlanta has agreed to pay full sticker price of more than $71,000 for a top-of-the-line GMC Yukon XL Denali SUV that is still being assembled at a General Motors factory.</p>\n<p>Customers know what Bowsher has arriving by scanning the online inventories of his six stores in the region, and they are often willing to wait more than a week and pay full price to get their desired vehicle.</p>\n<p>“I’m selling about 150% of what I have on the ground,” Bowsher said. “We are selling stuff so far up in the pipeline that they’re putting money down on ‘in-process,’ which is in the plant.”</p>\n<p>Automakers from GM to Ford Motor and Toyota have cut production this year due to the global semiconductor chip shortage. While those automakers have been pinched, dealers are experiencing the best of times. Not only can they charge full price for the hottest-selling trucks and SUVs, but many also have reduced promotional spending and other costs required by full vehicle lots.</p>\n<p>“I’ll take this till I’m six feet under,” Bowsher said. “Customers are coming in just saying, ‘I’ll take it, full sticker, get it ready.’ It’s nuts.”</p>\n<p>This means record profits for car dealers.</p>\n<p>AutoNation Inc Executive Vice President Marc Cannon called it “Camelot,” comparing it to the legendary castle and court of King Arthur. He wondered whether this could turn into the new operating model in an industry where consumers in the past were conditioned to seek incentives and rebates that reduced vehicle prices by 10% or more.</p>\n<p>Profits at AutoNation Inc, the largest U.S. dealer chain, almost tripled last week as gross profit per new vehicle soared 61% to more than $2,700 in the first quarter. Rival Lithia Motors saw its profit per new vehicle jump 33% to $2,910 as its quarterly results trounced expectations.</p>\n<p>The good times won’t likely end soon as many industry officials see the chip shortage lasting into 2022. Many dealers report thin vehicle supplies, in some cases as low as 15 days worth.</p>\n<p>At his company’s Toyota store in Maine, Todd Skelton, chief executive of Prime Automotive Group, had 62 cars in mid-April, down from the typical 300 vehicles.</p>\n<p>“We’re now beginning to see not only the depletion of what we had in stock, but nothing following behind it,” said Skelton, whose company has 32 stores in New York, New Jersey and New England across multiple brands.</p>\n<p>One concern of Skelton’s is whether reduced supply will drag down overall profits despite higher margins.</p>\n<p>And demand is not high for just new cars, as used-car prices are also rising, dealers said.</p>\n<p>“If all of a sudden, I don’t have a lot of 2021 Santa Fe’s, I’m going to want as many 2019 and 2020 Santa Fe’s as I can find,” Andrew DiFeo, dealer principal at a Hyundai dealer in St. Augustine, Florida, said.</p>\n<p>Not every dealer is ebullient.</p>\n<p>Jim Seavitt, who owns a Ford dealer near the No. 2 U.S. automaker’s Dearborn, Michigan, headquarters, said dealers celebrating now could be hurt later if inventories continue to fall.</p>\n<p>“They think it’s a light at the end of the tunnel, but it’s a freight train,” he said. “I’ve got 150 cars on the ground. I’ve got maybe 30 cars coming next week. I sell 225 a month. Why would I be rejoicing right now?”</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>U.S. auto dealers are winners as chip shortage lifts vehicle profits</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. auto dealers are winners as chip shortage lifts vehicle profits\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-04-26 22:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Mike Bowsher shakes his head in wonder when he hears yet another customer at one of his Buick-GMC dealerships near Atlanta has agreed to pay full sticker price of more than $71,000 for a top-of-the-line GMC Yukon XL Denali SUV that is still being assembled at a General Motors factory.</p>\n<p>Customers know what Bowsher has arriving by scanning the online inventories of his six stores in the region, and they are often willing to wait more than a week and pay full price to get their desired vehicle.</p>\n<p>“I’m selling about 150% of what I have on the ground,” Bowsher said. “We are selling stuff so far up in the pipeline that they’re putting money down on ‘in-process,’ which is in the plant.”</p>\n<p>Automakers from GM to Ford Motor and Toyota have cut production this year due to the global semiconductor chip shortage. While those automakers have been pinched, dealers are experiencing the best of times. Not only can they charge full price for the hottest-selling trucks and SUVs, but many also have reduced promotional spending and other costs required by full vehicle lots.</p>\n<p>“I’ll take this till I’m six feet under,” Bowsher said. “Customers are coming in just saying, ‘I’ll take it, full sticker, get it ready.’ It’s nuts.”</p>\n<p>This means record profits for car dealers.</p>\n<p>AutoNation Inc Executive Vice President Marc Cannon called it “Camelot,” comparing it to the legendary castle and court of King Arthur. He wondered whether this could turn into the new operating model in an industry where consumers in the past were conditioned to seek incentives and rebates that reduced vehicle prices by 10% or more.</p>\n<p>Profits at AutoNation Inc, the largest U.S. dealer chain, almost tripled last week as gross profit per new vehicle soared 61% to more than $2,700 in the first quarter. Rival Lithia Motors saw its profit per new vehicle jump 33% to $2,910 as its quarterly results trounced expectations.</p>\n<p>The good times won’t likely end soon as many industry officials see the chip shortage lasting into 2022. Many dealers report thin vehicle supplies, in some cases as low as 15 days worth.</p>\n<p>At his company’s Toyota store in Maine, Todd Skelton, chief executive of Prime Automotive Group, had 62 cars in mid-April, down from the typical 300 vehicles.</p>\n<p>“We’re now beginning to see not only the depletion of what we had in stock, but nothing following behind it,” said Skelton, whose company has 32 stores in New York, New Jersey and New England across multiple brands.</p>\n<p>One concern of Skelton’s is whether reduced supply will drag down overall profits despite higher margins.</p>\n<p>And demand is not high for just new cars, as used-car prices are also rising, dealers said.</p>\n<p>“If all of a sudden, I don’t have a lot of 2021 Santa Fe’s, I’m going to want as many 2019 and 2020 Santa Fe’s as I can find,” Andrew DiFeo, dealer principal at a Hyundai dealer in St. Augustine, Florida, said.</p>\n<p>Not every dealer is ebullient.</p>\n<p>Jim Seavitt, who owns a Ford dealer near the No. 2 U.S. automaker’s Dearborn, Michigan, headquarters, said dealers celebrating now could be hurt later if inventories continue to fall.</p>\n<p>“They think it’s a light at the end of the tunnel, but it’s a freight train,” he said. “I’ve got 150 cars on the ground. I’ve got maybe 30 cars coming next week. I sell 225 a month. Why would I be rejoicing right now?”</p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126317368","content_text":"Mike Bowsher shakes his head in wonder when he hears yet another customer at one of his Buick-GMC dealerships near Atlanta has agreed to pay full sticker price of more than $71,000 for a top-of-the-line GMC Yukon XL Denali SUV that is still being assembled at a General Motors factory.\nCustomers know what Bowsher has arriving by scanning the online inventories of his six stores in the region, and they are often willing to wait more than a week and pay full price to get their desired vehicle.\n“I’m selling about 150% of what I have on the ground,” Bowsher said. “We are selling stuff so far up in the pipeline that they’re putting money down on ‘in-process,’ which is in the plant.”\nAutomakers from GM to Ford Motor and Toyota have cut production this year due to the global semiconductor chip shortage. While those automakers have been pinched, dealers are experiencing the best of times. Not only can they charge full price for the hottest-selling trucks and SUVs, but many also have reduced promotional spending and other costs required by full vehicle lots.\n“I’ll take this till I’m six feet under,” Bowsher said. “Customers are coming in just saying, ‘I’ll take it, full sticker, get it ready.’ It’s nuts.”\nThis means record profits for car dealers.\nAutoNation Inc Executive Vice President Marc Cannon called it “Camelot,” comparing it to the legendary castle and court of King Arthur. He wondered whether this could turn into the new operating model in an industry where consumers in the past were conditioned to seek incentives and rebates that reduced vehicle prices by 10% or more.\nProfits at AutoNation Inc, the largest U.S. dealer chain, almost tripled last week as gross profit per new vehicle soared 61% to more than $2,700 in the first quarter. Rival Lithia Motors saw its profit per new vehicle jump 33% to $2,910 as its quarterly results trounced expectations.\nThe good times won’t likely end soon as many industry officials see the chip shortage lasting into 2022. Many dealers report thin vehicle supplies, in some cases as low as 15 days worth.\nAt his company’s Toyota store in Maine, Todd Skelton, chief executive of Prime Automotive Group, had 62 cars in mid-April, down from the typical 300 vehicles.\n“We’re now beginning to see not only the depletion of what we had in stock, but nothing following behind it,” said Skelton, whose company has 32 stores in New York, New Jersey and New England across multiple brands.\nOne concern of Skelton’s is whether reduced supply will drag down overall profits despite higher margins.\nAnd demand is not high for just new cars, as used-car prices are also rising, dealers said.\n“If all of a sudden, I don’t have a lot of 2021 Santa Fe’s, I’m going to want as many 2019 and 2020 Santa Fe’s as I can find,” Andrew DiFeo, dealer principal at a Hyundai dealer in St. Augustine, Florida, said.\nNot every dealer is ebullient.\nJim Seavitt, who owns a Ford dealer near the No. 2 U.S. automaker’s Dearborn, Michigan, headquarters, said dealers celebrating now could be hurt later if inventories continue to fall.\n“They think it’s a light at the end of the tunnel, but it’s a freight train,” he said. “I’ve got 150 cars on the ground. I’ve got maybe 30 cars coming next week. I sell 225 a month. Why would I be rejoicing right now?”","news_type":1},"isVote":1,"tweetType":1,"viewCount":350,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":370454282,"gmtCreate":1618622171146,"gmtModify":1704713492406,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/370454282","repostId":"1151923129","repostType":4,"repost":{"id":"1151923129","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1618581789,"share":"https://ttm.financial/m/news/1151923129?lang=&edition=fundamental","pubTime":"2021-04-16 22:03","market":"us","language":"en","title":"Bionano Genomics fell about 10% in Friday morning  trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1151923129","media":"Tiger Newspress","summary":"(April 16) Bionano Genomics fell about 10% in Friday morning trading.\nThere's a genomics revolution ","content":"<p>(April 16)&nbsp;Bionano Genomics&nbsp;fell&nbsp;about&nbsp;10%&nbsp;in Friday morning trading.</p>\n<p>There's a genomics revolution underway right now. Surprisingly, though, only one pure-play genomics stock is in the top 100 most popular list on Robinhood. That lone ranger is<b>Bionano Genomics</b>(NASDAQ:BNGO). The stock has been a major winner so far this year, with Bionano's shares vaulting 108% higher.</p>\n<p>Bionano had generated even bigger gains earlier in 2021. By mid-February, the stock had more than quintupled year to date. However, a shift away from high-flying growth stocks caused Bionano's share price to tumble over the last couple of months.</p>\n<p>Many investors remain enthusiastic about the company's prospects. Bionanobeat analysts' Q4 revenue expectations. It expects to soon win accreditation in select European markets for Saphyr-based laboratory-developed tests for acute lymphocytic leukemia (ALL) and facioscapulohumeral muscular dystrophy (FSHD). The genomics testing company also thinks that it will have 150 Saphyr gene-sequencing systems installed by the end of this year, which would represent a 50% increase year over year.</p>\n<p><img src=\"https://static.tigerbbs.com/4d6d3a8298b2b720b7b4ddcf26507750\" tg-width=\"708\" tg-height=\"500\"></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>Bionano Genomics fell about 10% in Friday morning  trading</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\">\nBionano Genomics fell about 10% in Friday morning  trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-16 22:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(April 16)&nbsp;Bionano Genomics&nbsp;fell&nbsp;about&nbsp;10%&nbsp;in Friday morning trading.</p>\n<p>There's a genomics revolution underway right now. Surprisingly, though, only one pure-play genomics stock is in the top 100 most popular list on Robinhood. That lone ranger is<b>Bionano Genomics</b>(NASDAQ:BNGO). The stock has been a major winner so far this year, with Bionano's shares vaulting 108% higher.</p>\n<p>Bionano had generated even bigger gains earlier in 2021. By mid-February, the stock had more than quintupled year to date. However, a shift away from high-flying growth stocks caused Bionano's share price to tumble over the last couple of months.</p>\n<p>Many investors remain enthusiastic about the company's prospects. Bionanobeat analysts' Q4 revenue expectations. It expects to soon win accreditation in select European markets for Saphyr-based laboratory-developed tests for acute lymphocytic leukemia (ALL) and facioscapulohumeral muscular dystrophy (FSHD). The genomics testing company also thinks that it will have 150 Saphyr gene-sequencing systems installed by the end of this year, which would represent a 50% increase year over year.</p>\n<p><img src=\"https://static.tigerbbs.com/4d6d3a8298b2b720b7b4ddcf26507750\" tg-width=\"708\" tg-height=\"500\"></p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BNGO":"Bionano Genomics"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151923129","content_text":"(April 16) Bionano Genomics fell about 10% in Friday morning trading.\nThere's a genomics revolution underway right now. Surprisingly, though, only one pure-play genomics stock is in the top 100 most popular list on Robinhood. That lone ranger isBionano Genomics(NASDAQ:BNGO). The stock has been a major winner so far this year, with Bionano's shares vaulting 108% higher.\nBionano had generated even bigger gains earlier in 2021. By mid-February, the stock had more than quintupled year to date. However, a shift away from high-flying growth stocks caused Bionano's share price to tumble over the last couple of months.\nMany investors remain enthusiastic about the company's prospects. Bionanobeat analysts' Q4 revenue expectations. It expects to soon win accreditation in select European markets for Saphyr-based laboratory-developed tests for acute lymphocytic leukemia (ALL) and facioscapulohumeral muscular dystrophy (FSHD). The genomics testing company also thinks that it will have 150 Saphyr gene-sequencing systems installed by the end of this year, which would represent a 50% increase year over year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":88,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":324422030,"gmtCreate":1616026625320,"gmtModify":1704789843740,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"Nahh","listText":"Nahh","text":"Nahh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324422030","repostId":"2120136037","repostType":4,"repost":{"id":"2120136037","pubTimestamp":1616024856,"share":"https://ttm.financial/m/news/2120136037?lang=&edition=fundamental","pubTime":"2021-03-18 07:47","market":"us","language":"en","title":"Apollo SPAC and Vista Halt $15 Billion Merger Talks","url":"https://stock-news.laohu8.com/highlight/detail?id=2120136037","media":"Bloomberg","summary":"Deal featured Vista’s Solera, DealerSocket and Omnitracs\nTalks stalled due to market conditions for ","content":"<ul>\n <li>Deal featured Vista’s Solera, DealerSocket and Omnitracs</li>\n <li>Talks stalled due to market conditions for tech companies</li>\n</ul>\n<p>Vista Equity Partners’s talks to merge three of its companies with blank-check firm <a href=\"https://laohu8.com/S/APSG\">Apollo Strategic Growth Capital</a> in a $15 billion transaction have been halted, according to people familiar with the matter.</p>\n<p>Discussions about a merger featuring Vista’s Solera Holdings Inc., DealerSocket Inc. and Omnitracs stalled in recent days amid weak market conditions for technology companies, said some of the people, who asked not to be named because the information isn’t public. It isn’t clear when or if talks will be revived.</p>\n<p>The Nasdaq Composite Index of more than 3,000 tech-related stocks has fallen 4% since Feb. 12 and has posted three weekly declines in that span. It’s still up 4.9% this year.</p>\n<p>Amid a boom in issuance involving new SPACs and private investments in public equity, or PIPEs, some recentSPAC mergershave met a tepid response from investors. Cerberus Telecom Acquisition Corp. and Motion Acquisition Corp. closed Wednesday below the traditional SPAC IPO price of $10, after announcing mergers last week.</p>\n<p>Bloomberg reported the expanded deal involving the trio of technology companies that service the auto industry earlier this month.</p>\n<p>An Apollo representative declined to comment. A Vista spokesperson didn’t immediately respond to a request for comment.</p>\n<p><a href=\"https://laohu8.com/S/APSG.U\">Apollo Strategic Growth Capital</a>, led by Chief Executive Officer Sanjay Patel, raised $817 million in an initial public offering last year. The blank-check company’s shares closed at $10.12 on Wednesday, giving it a market value of about $1 billion.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apollo SPAC and Vista Halt $15 Billion Merger Talks</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\">\nApollo SPAC and Vista Halt $15 Billion Merger Talks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-18 07:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-17/apollo-spac-vista-are-said-to-halt-15-billion-merger-talks?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Deal featured Vista’s Solera, DealerSocket and Omnitracs\nTalks stalled due to market conditions for tech companies\n\nVista Equity Partners’s talks to merge three of its companies with blank-check firm ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-17/apollo-spac-vista-are-said-to-halt-15-billion-merger-talks?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2021-03-17/apollo-spac-vista-are-said-to-halt-15-billion-merger-talks?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2120136037","content_text":"Deal featured Vista’s Solera, DealerSocket and Omnitracs\nTalks stalled due to market conditions for tech companies\n\nVista Equity Partners’s talks to merge three of its companies with blank-check firm Apollo Strategic Growth Capital in a $15 billion transaction have been halted, according to people familiar with the matter.\nDiscussions about a merger featuring Vista’s Solera Holdings Inc., DealerSocket Inc. and Omnitracs stalled in recent days amid weak market conditions for technology companies, said some of the people, who asked not to be named because the information isn’t public. It isn’t clear when or if talks will be revived.\nThe Nasdaq Composite Index of more than 3,000 tech-related stocks has fallen 4% since Feb. 12 and has posted three weekly declines in that span. It’s still up 4.9% this year.\nAmid a boom in issuance involving new SPACs and private investments in public equity, or PIPEs, some recentSPAC mergershave met a tepid response from investors. Cerberus Telecom Acquisition Corp. and Motion Acquisition Corp. closed Wednesday below the traditional SPAC IPO price of $10, after announcing mergers last week.\nBloomberg reported the expanded deal involving the trio of technology companies that service the auto industry earlier this month.\nAn Apollo representative declined to comment. A Vista spokesperson didn’t immediately respond to a request for comment.\nApollo Strategic Growth Capital, led by Chief Executive Officer Sanjay Patel, raised $817 million in an initial public offering last year. The blank-check company’s shares closed at $10.12 on Wednesday, giving it a market value of about $1 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":38,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":321708300,"gmtCreate":1615467723500,"gmtModify":1704783146676,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/321708300","repostId":"1195977229","repostType":4,"repost":{"id":"1195977229","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1615467127,"share":"https://ttm.financial/m/news/1195977229?lang=&edition=fundamental","pubTime":"2021-03-11 20:52","market":"us","language":"en","title":"Toplines Before US Market Open on Thursday","url":"https://stock-news.laohu8.com/highlight/detail?id=1195977229","media":"Tiger Newspress","summary":"U.S. stock futures rose on Thursday10-year rate below 1.5%Jobless claims data In focusU.S. stock fut","content":"<ul><li>U.S. stock futures rose on Thursday</li></ul><ul><li>10-year rate below 1.5%</li></ul><ul><li>Jobless claims data In focus</li></ul><p>U.S. stock futures rose on Thursday after the market’s blue-chip average set another record high a day earlier.</p><p>Futures contracts for the Dow Jones Industrial Average added 96 points, or 0.3%. S&amp;P 500 futures climbed 0.7%.The big winner, however, was the tech-heavy Nasdaq 100 with futures jumping 1.6%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/02dd3f7c429e192a4843f11763cbe0b4\" tg-width=\"1080\" tg-height=\"391\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 07:30</span></p><p>A rotation back into tech shares appeared to be happening early Thursday. Tesla was up 4% in premarket trading. Nvidia and Apple shares were also higher.while GameStop Corp. sank 4% in the premarket after a wild day of volatility.</p><p><img src=\"https://static.tigerbbs.com/0b9f5e6f6361ad3cc7ef5fb8cbab9587\" tg-width=\"417\" tg-height=\"430\" referrerpolicy=\"no-referrer\"></p><p>The 10-year Treasury yield slide for a second day, helping sentiment. The 10-year yield was last down about 2 basis pints to 1.50%. (1 basis point is 0.01%)</p><p>Weekly jobless claims data is due out at 8:30 a.m. ET on Thursday, with economists surveyed by Dow Jones expecting 725,000 new claims.</p><p>Data showing the number of job openings in January is expected to be released at 10 a.m. ET.</p><p><b>Stocks making the biggest moves premarket</b></p><p>AMC Entertainment(AMC) – AMC stock jumped 6% premarket after it said the Covid-19 vaccine rollout and upcoming major releases would boost movie theater ticket sales this year. That followed a quarterly loss that nonetheless saw better-than-expected revenue. AMC said 8 million patrons returned to its theaters during the most recent quarter.</p><p>JD.com(JD) – The China-based e-commerce company saw its shares rise 7.9% premarket after it reported better-than-expected profit and revenue for its latest quarter. It gained shoppers even as China largely emerged from coronavirus lockdowns.</p><p>Bilibili(BILI) – The China-based online entertainment platform's shares jumped 7.5% premarket following news that it won approval from the Hong Kong Stock Exchange to list its shares.</p><p>Roblox(RBLX) – The videogame platform company’s shares rose another 10.2% today, following gains during its Wednesday Wall Street debut that raised its total market valuation to about $45 billion.The $7.1 billion ARK Next Generation Internet exchange-traded fund (ticker ARKW) purchased more than 500,000 Roblox shares, according to the latest data on Ark’s website. The New York-based firm lists the market value of the stake as a little over $36 million.</p><p>Oracle(ORCL) – Oracle reported an adjusted quarterly profit of $1.16 per share, 5 cents above estimates, and the business software giant’s revenue was slightly above Wall Street forecasts. However, revenue in Oracle’s cloud division fell short of analyst projections, and Oracle shares fell 5.4% premarket. Oracle also increased its dividend by 33% and increased its share buyback program by $20 billion.</p><p>Boeing(BA) – Boeing is close to finalizing a multi-billion dollar order for its 737 MAX jets from&nbsp;Southwest Airlines(LUV), according to people familiar with the matter who spoke to Reuters. It would be the largest order for the MAX since it was ungrounded, and also would stave off a possible defection to rival Airbus by Southwest, which had been the largest customer for the 737 MAX prior to the grounding. Boeing rose 2.1% premarket.</p><p>Bumble(BMBL) – Bumble beat Wall Street’s revenue estimates in its first quarter as a public company, and gave an upbeat projection for the current quarter. The dating service company said it expects pent-up demand from people who had been reluctant to date during the pandemic. Bumble shares surged 9% premarket.</p><p>Cloudera(CLDR) – Cloudera beat estimates by 4 cents with adjusted quarterly earnings of 15 cents per share, and revenue above estimates as well. However, the data cloud company also gave weaker-than-expected forecasts for both profit and revenue, and its shares tumbled 7% premarket.</p><p>AstraZeneca(AZN) – Denmark temporarily suspended the use of AstraZeneca’s Covid-19 vaccine following reported cases of blood clots formed in patients. The suspension will last for 14 days while regulators investigate. AstraZeneca said it maintains strict quality controls and that there had been no serious adverse events associated with the vaccine. AstraZeneca lost 1.9% in premarket trading.</p><p>Coupang(CPNG) – Coupang makes its Wall Street debut today after the South Korean e-commerce company priced its initial public offering of 130 million shares at $35 per share, above the expected range of $32 to $34. Coupang raised $4.6 billion in the largest U.S. IPO so far this year.</p><p>Vir Biotechnology(VIR),GlaxoSmithKline(GSK) – Vir and Glaxo said their Covid-19 antibody treatment reduced hospitalizations and death from the disease by 85% in a clinical trial. The drug makers said they will immediately seek emergency use authorization for the drug in the U.S. and other countries. Vir shares soared 60% premarket.</p><p>MSG Networks(MSGN) – MSG Networks is considering merging withMadison Square Garden Entertainment(MSGE), according to people familiar with the matter who spoke to Bloomberg. Such a deal would reverse a prior split of the two entities. MSG Networks jumped 4.6% premarket, while Madison Square Garden Entertainment jumped 7.4%.</p><p>Party City(PRTY) – Party City shares tumbled 10% premarket after the party supplies retailer reported quarterly earnings of 25 cents per share, missing forecasts by 6 cents. Party City’s revenue matched Wall Street forecasts, but its same-store sales decline of 5.9% was slightly larger than the Refinitiv consensus estimate of a 5.2% decline.</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>Toplines Before US Market Open on Thursday</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\">\nToplines Before US Market Open on Thursday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-03-11 20:52</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul><li>U.S. stock futures rose on Thursday</li></ul><ul><li>10-year rate below 1.5%</li></ul><ul><li>Jobless claims data In focus</li></ul><p>U.S. stock futures rose on Thursday after the market’s blue-chip average set another record high a day earlier.</p><p>Futures contracts for the Dow Jones Industrial Average added 96 points, or 0.3%. S&amp;P 500 futures climbed 0.7%.The big winner, however, was the tech-heavy Nasdaq 100 with futures jumping 1.6%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/02dd3f7c429e192a4843f11763cbe0b4\" tg-width=\"1080\" tg-height=\"391\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 07:30</span></p><p>A rotation back into tech shares appeared to be happening early Thursday. Tesla was up 4% in premarket trading. Nvidia and Apple shares were also higher.while GameStop Corp. sank 4% in the premarket after a wild day of volatility.</p><p><img src=\"https://static.tigerbbs.com/0b9f5e6f6361ad3cc7ef5fb8cbab9587\" tg-width=\"417\" tg-height=\"430\" referrerpolicy=\"no-referrer\"></p><p>The 10-year Treasury yield slide for a second day, helping sentiment. The 10-year yield was last down about 2 basis pints to 1.50%. (1 basis point is 0.01%)</p><p>Weekly jobless claims data is due out at 8:30 a.m. ET on Thursday, with economists surveyed by Dow Jones expecting 725,000 new claims.</p><p>Data showing the number of job openings in January is expected to be released at 10 a.m. ET.</p><p><b>Stocks making the biggest moves premarket</b></p><p>AMC Entertainment(AMC) – AMC stock jumped 6% premarket after it said the Covid-19 vaccine rollout and upcoming major releases would boost movie theater ticket sales this year. That followed a quarterly loss that nonetheless saw better-than-expected revenue. AMC said 8 million patrons returned to its theaters during the most recent quarter.</p><p>JD.com(JD) – The China-based e-commerce company saw its shares rise 7.9% premarket after it reported better-than-expected profit and revenue for its latest quarter. It gained shoppers even as China largely emerged from coronavirus lockdowns.</p><p>Bilibili(BILI) – The China-based online entertainment platform's shares jumped 7.5% premarket following news that it won approval from the Hong Kong Stock Exchange to list its shares.</p><p>Roblox(RBLX) – The videogame platform company’s shares rose another 10.2% today, following gains during its Wednesday Wall Street debut that raised its total market valuation to about $45 billion.The $7.1 billion ARK Next Generation Internet exchange-traded fund (ticker ARKW) purchased more than 500,000 Roblox shares, according to the latest data on Ark’s website. The New York-based firm lists the market value of the stake as a little over $36 million.</p><p>Oracle(ORCL) – Oracle reported an adjusted quarterly profit of $1.16 per share, 5 cents above estimates, and the business software giant’s revenue was slightly above Wall Street forecasts. However, revenue in Oracle’s cloud division fell short of analyst projections, and Oracle shares fell 5.4% premarket. Oracle also increased its dividend by 33% and increased its share buyback program by $20 billion.</p><p>Boeing(BA) – Boeing is close to finalizing a multi-billion dollar order for its 737 MAX jets from&nbsp;Southwest Airlines(LUV), according to people familiar with the matter who spoke to Reuters. It would be the largest order for the MAX since it was ungrounded, and also would stave off a possible defection to rival Airbus by Southwest, which had been the largest customer for the 737 MAX prior to the grounding. Boeing rose 2.1% premarket.</p><p>Bumble(BMBL) – Bumble beat Wall Street’s revenue estimates in its first quarter as a public company, and gave an upbeat projection for the current quarter. The dating service company said it expects pent-up demand from people who had been reluctant to date during the pandemic. Bumble shares surged 9% premarket.</p><p>Cloudera(CLDR) – Cloudera beat estimates by 4 cents with adjusted quarterly earnings of 15 cents per share, and revenue above estimates as well. However, the data cloud company also gave weaker-than-expected forecasts for both profit and revenue, and its shares tumbled 7% premarket.</p><p>AstraZeneca(AZN) – Denmark temporarily suspended the use of AstraZeneca’s Covid-19 vaccine following reported cases of blood clots formed in patients. The suspension will last for 14 days while regulators investigate. AstraZeneca said it maintains strict quality controls and that there had been no serious adverse events associated with the vaccine. AstraZeneca lost 1.9% in premarket trading.</p><p>Coupang(CPNG) – Coupang makes its Wall Street debut today after the South Korean e-commerce company priced its initial public offering of 130 million shares at $35 per share, above the expected range of $32 to $34. Coupang raised $4.6 billion in the largest U.S. IPO so far this year.</p><p>Vir Biotechnology(VIR),GlaxoSmithKline(GSK) – Vir and Glaxo said their Covid-19 antibody treatment reduced hospitalizations and death from the disease by 85% in a clinical trial. The drug makers said they will immediately seek emergency use authorization for the drug in the U.S. and other countries. Vir shares soared 60% premarket.</p><p>MSG Networks(MSGN) – MSG Networks is considering merging withMadison Square Garden Entertainment(MSGE), according to people familiar with the matter who spoke to Bloomberg. Such a deal would reverse a prior split of the two entities. MSG Networks jumped 4.6% premarket, while Madison Square Garden Entertainment jumped 7.4%.</p><p>Party City(PRTY) – Party City shares tumbled 10% premarket after the party supplies retailer reported quarterly earnings of 25 cents per share, missing forecasts by 6 cents. Party City’s revenue matched Wall Street forecasts, but its same-store sales decline of 5.9% was slightly larger than the Refinitiv consensus estimate of a 5.2% decline.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JD":"京东","AMC":"AMC院线","GME":"游戏驿站","AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195977229","content_text":"U.S. stock futures rose on Thursday10-year rate below 1.5%Jobless claims data In focusU.S. stock futures rose on Thursday after the market’s blue-chip average set another record high a day earlier.Futures contracts for the Dow Jones Industrial Average added 96 points, or 0.3%. S&P 500 futures climbed 0.7%.The big winner, however, was the tech-heavy Nasdaq 100 with futures jumping 1.6%.*Source From Tiger Trade, EST 07:30A rotation back into tech shares appeared to be happening early Thursday. Tesla was up 4% in premarket trading. Nvidia and Apple shares were also higher.while GameStop Corp. sank 4% in the premarket after a wild day of volatility.The 10-year Treasury yield slide for a second day, helping sentiment. The 10-year yield was last down about 2 basis pints to 1.50%. (1 basis point is 0.01%)Weekly jobless claims data is due out at 8:30 a.m. ET on Thursday, with economists surveyed by Dow Jones expecting 725,000 new claims.Data showing the number of job openings in January is expected to be released at 10 a.m. ET.Stocks making the biggest moves premarketAMC Entertainment(AMC) – AMC stock jumped 6% premarket after it said the Covid-19 vaccine rollout and upcoming major releases would boost movie theater ticket sales this year. That followed a quarterly loss that nonetheless saw better-than-expected revenue. AMC said 8 million patrons returned to its theaters during the most recent quarter.JD.com(JD) – The China-based e-commerce company saw its shares rise 7.9% premarket after it reported better-than-expected profit and revenue for its latest quarter. It gained shoppers even as China largely emerged from coronavirus lockdowns.Bilibili(BILI) – The China-based online entertainment platform's shares jumped 7.5% premarket following news that it won approval from the Hong Kong Stock Exchange to list its shares.Roblox(RBLX) – The videogame platform company’s shares rose another 10.2% today, following gains during its Wednesday Wall Street debut that raised its total market valuation to about $45 billion.The $7.1 billion ARK Next Generation Internet exchange-traded fund (ticker ARKW) purchased more than 500,000 Roblox shares, according to the latest data on Ark’s website. The New York-based firm lists the market value of the stake as a little over $36 million.Oracle(ORCL) – Oracle reported an adjusted quarterly profit of $1.16 per share, 5 cents above estimates, and the business software giant’s revenue was slightly above Wall Street forecasts. However, revenue in Oracle’s cloud division fell short of analyst projections, and Oracle shares fell 5.4% premarket. Oracle also increased its dividend by 33% and increased its share buyback program by $20 billion.Boeing(BA) – Boeing is close to finalizing a multi-billion dollar order for its 737 MAX jets from Southwest Airlines(LUV), according to people familiar with the matter who spoke to Reuters. It would be the largest order for the MAX since it was ungrounded, and also would stave off a possible defection to rival Airbus by Southwest, which had been the largest customer for the 737 MAX prior to the grounding. Boeing rose 2.1% premarket.Bumble(BMBL) – Bumble beat Wall Street’s revenue estimates in its first quarter as a public company, and gave an upbeat projection for the current quarter. The dating service company said it expects pent-up demand from people who had been reluctant to date during the pandemic. Bumble shares surged 9% premarket.Cloudera(CLDR) – Cloudera beat estimates by 4 cents with adjusted quarterly earnings of 15 cents per share, and revenue above estimates as well. However, the data cloud company also gave weaker-than-expected forecasts for both profit and revenue, and its shares tumbled 7% premarket.AstraZeneca(AZN) – Denmark temporarily suspended the use of AstraZeneca’s Covid-19 vaccine following reported cases of blood clots formed in patients. The suspension will last for 14 days while regulators investigate. AstraZeneca said it maintains strict quality controls and that there had been no serious adverse events associated with the vaccine. AstraZeneca lost 1.9% in premarket trading.Coupang(CPNG) – Coupang makes its Wall Street debut today after the South Korean e-commerce company priced its initial public offering of 130 million shares at $35 per share, above the expected range of $32 to $34. Coupang raised $4.6 billion in the largest U.S. IPO so far this year.Vir Biotechnology(VIR),GlaxoSmithKline(GSK) – Vir and Glaxo said their Covid-19 antibody treatment reduced hospitalizations and death from the disease by 85% in a clinical trial. The drug makers said they will immediately seek emergency use authorization for the drug in the U.S. and other countries. Vir shares soared 60% premarket.MSG Networks(MSGN) – MSG Networks is considering merging withMadison Square Garden Entertainment(MSGE), according to people familiar with the matter who spoke to Bloomberg. Such a deal would reverse a prior split of the two entities. MSG Networks jumped 4.6% premarket, while Madison Square Garden Entertainment jumped 7.4%.Party City(PRTY) – Party City shares tumbled 10% premarket after the party supplies retailer reported quarterly earnings of 25 cents per share, missing forecasts by 6 cents. Party City’s revenue matched Wall Street forecasts, but its same-store sales decline of 5.9% was slightly larger than the Refinitiv consensus estimate of a 5.2% decline.","news_type":1},"isVote":1,"tweetType":1,"viewCount":8,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":111065270,"gmtCreate":1622644918390,"gmtModify":1704188006538,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/111065270","repostId":"1133890180","repostType":2,"repost":{"id":"1133890180","pubTimestamp":1622468284,"share":"https://ttm.financial/m/news/1133890180?lang=&edition=fundamental","pubTime":"2021-05-31 21:38","market":"us","language":"en","title":"How Much Is Coinbase Worth?","url":"https://stock-news.laohu8.com/highlight/detail?id=1133890180","media":"seekingalpha","summary":"Summary\n\nCOIN is a leading cryptocurrency infrastructure company.\nCOIN is investing aggressively in ","content":"<p><b>Summary</b></p>\n<ul>\n <li>COIN is a leading cryptocurrency infrastructure company.</li>\n <li>COIN is investing aggressively in cryptocurrency innovation in order to reduce dependency on its no-moat crypto trading fee business.</li>\n <li>What are COIN shares worth today? We detail our full valuation model.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e9c9e391ae4abc39a8e464c026fc0b0d\" tg-width=\"1536\" tg-height=\"1024\"><span>Photo by Movus/iStock Editorial via Getty Images</span></p>\n<p>As we detailed in our full investment thesis&nbsp;<i>Forget Bitcoin - 5 Reasons To Buy Coinbase Instead</i>, Coinbase(NASDAQ:COIN)&nbsp;is a leading cryptocurrency infrastructure company that is investing aggressively in cryptocurrency innovation in order to reduce dependency on its no-moat crypto trading fee business.</p>\n<p>What are COIN shares worth today? In the following sections, we will attempt to give an estimate.</p>\n<p><b>#1. Qualitative Analysis</b></p>\n<p>In order to provide the proper context for our quantitative assumptions and analysis we will briefly outline our qualitative appraisal of the company here.</p>\n<p><b>Diversified</b></p>\n<p>COIN is not solely dependent on the fate of any single cryptocurrency as it deals in over 100 cryptocurrencies on its platform. Furthermore, it is not confined to simply profiting off of cryptocurrency trading fees.</p>\n<p>While it is true that its cryptocurrency trading platform benefits from a large network effect and early-mover status, there is no lasting moat here given that competition is plentiful and growing and the retail investing crowd typically cares more about fees than anything else, making it a highly commoditized service.</p>\n<p>COIN's management sees this trend forming and realizes that it cannot maintain its fat 60.2% EBITDA margins forever by simply relying on transaction fees. Therefore it is investing aggressively to&nbsp;diversify into ancillary businesses&nbsp;like cryptocurrency rewards credit card through a partnership with Visa (V),Coinbase Prime&nbsp;(a prime brokerage product for custody, advanced trading, data analytics, and prime services targeting institutional and corporate investors), cybersecurity services tailored to blockchain and cryptocurrency, and loans and deposit accounts. In fact, within 5 years they expect to derive&nbsp;the majority of their revenue&nbsp;from outside of transaction fees.</p>\n<p><b>Profitable</b></p>\n<p>Even though its cryptocurrency transaction business may not have much of a moat and we do not expect its fat margins to be sustainable, it is current wildly profitable as returns on invested capital were a whopping 48.4% over the past twelve months and the company is expected to generate $8.41 in normalized earnings per share this year.</p>\n<p>As a result of their profitable business, they have a net cash position and nearly $2 billion in cash on their balance sheet, giving them plenty of dry powder to not only avoid financial distress but also continue to invest opportunistically in growing into ancillary businesses.</p>\n<p><b>Not Directly Correlated to the Bitcoin (BTC-USD) Price</b></p>\n<p>Given that COIN profits from transaction fees and ancillary services, its revenues are not directly tied to the price of Bitcoin or other cryptocurrencies. Instead, they are more closely tied to the volume of transactions and other uses of cryptocurrencies. As a result, they tend to rack up large profits when cryptocurrencies are either on a strong bull run or in a fierce downturn.</p>\n<p><b>Massive Growth Potential</b></p>\n<p>Last, but not least, we expect COIN to grow significantly in the years to come, provided that cryptocurrencies and blockchain technology continue their strong growth trajectory.</p>\n<p>Between their strong crypto and software brain trust, their stakes in numerous cryptocurrency and blockchain startups which are developing innovative products and services using the technology, and their massive growth runway from their current 50 million users to an estimated 1 billion potential customers, they could very well enjoy an exponential growth trajectory.</p>\n<p>We are particularly bullish on their institutional investor services business potential, which should help them more than offset expected tightening margins in their retail exchange business.</p>\n<p><b>#2. Quantitative Analysis</b></p>\n<p>While all this sounds great, the main question remains: what is COIN worth?</p>\n<p>The company is currently appraised by Mr. Market to be worth an Enterprise Value of $50.8 billion and is expected to generate ~$6.3 billion in revenue in 2021 followed by $5.9 billion in 2022. The EBITDA margin is expected to be 47.7% in 2021 and then decline to 39.2% in 2022 on declining revenue and increased competition in the exchange business.</p>\n<p>While these estimates are nice, if not useful to some extent, COIN's revenue and profitability are extremely hard to predict in any given year due to the asset-light nature of the business and its heavy dependence on exchange volume in an immature and rapidly evolving asset class.</p>\n<p>That said, a few things we are quite confident in are that:</p>\n<ol>\n <li>Exchange business margins will compress meaningfully in the years to come.</li>\n <li>COIN will continue to diversify rapidly away from its exchange business into ancillary businesses and within the next half decade these alternative sources of revenue should combine to exceed its exchange business revenue.</li>\n <li>COIN will remain profitable and a leader in the cryptocurrency/blockchain tech and services space given its financial and personnel resources and sector-leading scale and early-mover advantage.</li>\n <li>Blockchain technology is here to stay with many valuable applications and cryptocurrencies of some sort will likely also continue to grow in popularity and acceptance.</li>\n</ol>\n<p>Given these assumptions, here are a few possible scenarios and potential corresponding valuations for COIN:</p>\n<p><b>Model #1: \"Bear\" Case</b></p>\n<p>COIN struggles to deliver on its innovations and misses its target of generating the majority of its revenue outside of its exchange business within 5 years and/or cryptocurrencies run into major regulatory headwinds that lead to weak institutional adoption. As a result, retail investor demand also fizzles out and their exchange business also weakens considerably. In such a combination of scenarios, COIN is clearly dramatically overvalued at present and - while it likely will not go bankrupt given the utility of blockchain technology, their strong balance sheet, and the likelihood that some lingering demand will always exist for cryptocurrencies - investors at today's prices will be set up for dramatic losses.</p>\n<p><b>Model #2: \"Bull\" Case</b></p>\n<p>COIN's innovations take off as their startup investments reap significant rewards and their institutional business grows exponentially as broad institutional adoption of cryptocurrencies results in strong demand for secure storage and other services and products that COIN is in a highly competitive position to offer.</p>\n<p>Furthermore, this strong institutional demand provides rocket fuel to cryptocurrency prices, driving Bitcoin pricing into the hundreds of thousands of dollars and Ethereum (ETH-USD) pricing into the tends of thousands of dollars. Retail demand also then becomes even stronger as more and more participants enter the market and the fear of missing out drives people to put more and more of their wealth into crypto assets. This surge in demand will offset the heavy competition and COIN - as a major player in the exchange business - will see such strong demand that its margins will not compress as much as originally thought and revenue growth will lead to strong profit growth.</p>\n<p>In such a scenario, we expect annual exchange revenue to more than triple from 2021 levels by 2026 to hit $18 billion and net profit margins will only decline to ~25% ($4.5 billion in net profit from the exchange business).</p>\n<p>Meanwhile, their ancillary businesses will explode to consume 60% of their total revenue by 2026 at $27 billion and profit margins in these lucrative businesses will be ~45% ($12.2 billion in net profit from ancillary businesses). As a result, their total net income in 2026 will be ~$16.7 billion. Given their strength and growth, we assume a 20x multiple for the exchange business and a 35x multiple for the ancillary businesses, giving us a bull case valuation of $517 billion. That would represent a whopping 10x from current levels or a ~160% CAGR over the next half decade from current share prices.</p>\n<p><b>Model #3: \"Base\" Case</b></p>\n<p>COIN hits its target of generating the majority of its revenue outside of its exchange business within 5 years. We assume that exchange net income margins will decline significantly from their current levels to ~19% and revenue remains flat in that business as growth roughly offsets reduced fees. Meanwhile, however, ancillary businesses enjoy fat 40% net income margins due to COIN's technological advantages, asset-light business models, and economies of scale and revenues from these businesses are roughly 55% of their total revenue. As a result, we estimate 2026 revenue coming in at ~$14 billion and exchange net income at $1.2 billion and ancillary business net income coming in at $3.1 billion.</p>\n<p>We would conservatively value the exchange business at 15x net income and the ancillary business at 25x net income, resulting in an estimated value of $95.5 billion, or an 88% increase in valuation over 5 years. This would lead to a CAGR of 13.5% from current share price and make the stock an attractive buy here.</p>\n<p><b>Investor Takeaway</b></p>\n<p>As you can see from our models, valuing COIN is very challenging right now and the potential outcomes range from massive losses in a bear case scenario to enormous gains in a bull scenario. Our base case - based on a mildly bullish outlook for cryptocurrencies and their ancillary business investments, a realistically slightly bearish outlook for their exchange business, and conservative valuation multiple assumptions - indicates that COIN could be an attractive buy at present.</p>\n<p>While our current fair value estimate is ~$300 a share and implies meaningful upside from the current share price of ~$240, investors need to acknowledge that this is a highly speculative estimate at this point and that the thesis hinges primarily on their outlook for the growth of institutional cryptocurrency adoption rather than on internal factors at COIN. As a result, we rate COIN a speculative buy.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How Much Is Coinbase Worth?</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\">\nHow Much Is Coinbase Worth?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-31 21:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4432066-how-much-is-coinbase-worth><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nCOIN is a leading cryptocurrency infrastructure company.\nCOIN is investing aggressively in cryptocurrency innovation in order to reduce dependency on its no-moat crypto trading fee business.\n...</p>\n\n<a href=\"https://seekingalpha.com/article/4432066-how-much-is-coinbase-worth\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://seekingalpha.com/article/4432066-how-much-is-coinbase-worth","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1133890180","content_text":"Summary\n\nCOIN is a leading cryptocurrency infrastructure company.\nCOIN is investing aggressively in cryptocurrency innovation in order to reduce dependency on its no-moat crypto trading fee business.\nWhat are COIN shares worth today? We detail our full valuation model.\n\nPhoto by Movus/iStock Editorial via Getty Images\nAs we detailed in our full investment thesis Forget Bitcoin - 5 Reasons To Buy Coinbase Instead, Coinbase(NASDAQ:COIN) is a leading cryptocurrency infrastructure company that is investing aggressively in cryptocurrency innovation in order to reduce dependency on its no-moat crypto trading fee business.\nWhat are COIN shares worth today? In the following sections, we will attempt to give an estimate.\n#1. Qualitative Analysis\nIn order to provide the proper context for our quantitative assumptions and analysis we will briefly outline our qualitative appraisal of the company here.\nDiversified\nCOIN is not solely dependent on the fate of any single cryptocurrency as it deals in over 100 cryptocurrencies on its platform. Furthermore, it is not confined to simply profiting off of cryptocurrency trading fees.\nWhile it is true that its cryptocurrency trading platform benefits from a large network effect and early-mover status, there is no lasting moat here given that competition is plentiful and growing and the retail investing crowd typically cares more about fees than anything else, making it a highly commoditized service.\nCOIN's management sees this trend forming and realizes that it cannot maintain its fat 60.2% EBITDA margins forever by simply relying on transaction fees. Therefore it is investing aggressively to diversify into ancillary businesses like cryptocurrency rewards credit card through a partnership with Visa (V),Coinbase Prime (a prime brokerage product for custody, advanced trading, data analytics, and prime services targeting institutional and corporate investors), cybersecurity services tailored to blockchain and cryptocurrency, and loans and deposit accounts. In fact, within 5 years they expect to derive the majority of their revenue from outside of transaction fees.\nProfitable\nEven though its cryptocurrency transaction business may not have much of a moat and we do not expect its fat margins to be sustainable, it is current wildly profitable as returns on invested capital were a whopping 48.4% over the past twelve months and the company is expected to generate $8.41 in normalized earnings per share this year.\nAs a result of their profitable business, they have a net cash position and nearly $2 billion in cash on their balance sheet, giving them plenty of dry powder to not only avoid financial distress but also continue to invest opportunistically in growing into ancillary businesses.\nNot Directly Correlated to the Bitcoin (BTC-USD) Price\nGiven that COIN profits from transaction fees and ancillary services, its revenues are not directly tied to the price of Bitcoin or other cryptocurrencies. Instead, they are more closely tied to the volume of transactions and other uses of cryptocurrencies. As a result, they tend to rack up large profits when cryptocurrencies are either on a strong bull run or in a fierce downturn.\nMassive Growth Potential\nLast, but not least, we expect COIN to grow significantly in the years to come, provided that cryptocurrencies and blockchain technology continue their strong growth trajectory.\nBetween their strong crypto and software brain trust, their stakes in numerous cryptocurrency and blockchain startups which are developing innovative products and services using the technology, and their massive growth runway from their current 50 million users to an estimated 1 billion potential customers, they could very well enjoy an exponential growth trajectory.\nWe are particularly bullish on their institutional investor services business potential, which should help them more than offset expected tightening margins in their retail exchange business.\n#2. Quantitative Analysis\nWhile all this sounds great, the main question remains: what is COIN worth?\nThe company is currently appraised by Mr. Market to be worth an Enterprise Value of $50.8 billion and is expected to generate ~$6.3 billion in revenue in 2021 followed by $5.9 billion in 2022. The EBITDA margin is expected to be 47.7% in 2021 and then decline to 39.2% in 2022 on declining revenue and increased competition in the exchange business.\nWhile these estimates are nice, if not useful to some extent, COIN's revenue and profitability are extremely hard to predict in any given year due to the asset-light nature of the business and its heavy dependence on exchange volume in an immature and rapidly evolving asset class.\nThat said, a few things we are quite confident in are that:\n\nExchange business margins will compress meaningfully in the years to come.\nCOIN will continue to diversify rapidly away from its exchange business into ancillary businesses and within the next half decade these alternative sources of revenue should combine to exceed its exchange business revenue.\nCOIN will remain profitable and a leader in the cryptocurrency/blockchain tech and services space given its financial and personnel resources and sector-leading scale and early-mover advantage.\nBlockchain technology is here to stay with many valuable applications and cryptocurrencies of some sort will likely also continue to grow in popularity and acceptance.\n\nGiven these assumptions, here are a few possible scenarios and potential corresponding valuations for COIN:\nModel #1: \"Bear\" Case\nCOIN struggles to deliver on its innovations and misses its target of generating the majority of its revenue outside of its exchange business within 5 years and/or cryptocurrencies run into major regulatory headwinds that lead to weak institutional adoption. As a result, retail investor demand also fizzles out and their exchange business also weakens considerably. In such a combination of scenarios, COIN is clearly dramatically overvalued at present and - while it likely will not go bankrupt given the utility of blockchain technology, their strong balance sheet, and the likelihood that some lingering demand will always exist for cryptocurrencies - investors at today's prices will be set up for dramatic losses.\nModel #2: \"Bull\" Case\nCOIN's innovations take off as their startup investments reap significant rewards and their institutional business grows exponentially as broad institutional adoption of cryptocurrencies results in strong demand for secure storage and other services and products that COIN is in a highly competitive position to offer.\nFurthermore, this strong institutional demand provides rocket fuel to cryptocurrency prices, driving Bitcoin pricing into the hundreds of thousands of dollars and Ethereum (ETH-USD) pricing into the tends of thousands of dollars. Retail demand also then becomes even stronger as more and more participants enter the market and the fear of missing out drives people to put more and more of their wealth into crypto assets. This surge in demand will offset the heavy competition and COIN - as a major player in the exchange business - will see such strong demand that its margins will not compress as much as originally thought and revenue growth will lead to strong profit growth.\nIn such a scenario, we expect annual exchange revenue to more than triple from 2021 levels by 2026 to hit $18 billion and net profit margins will only decline to ~25% ($4.5 billion in net profit from the exchange business).\nMeanwhile, their ancillary businesses will explode to consume 60% of their total revenue by 2026 at $27 billion and profit margins in these lucrative businesses will be ~45% ($12.2 billion in net profit from ancillary businesses). As a result, their total net income in 2026 will be ~$16.7 billion. Given their strength and growth, we assume a 20x multiple for the exchange business and a 35x multiple for the ancillary businesses, giving us a bull case valuation of $517 billion. That would represent a whopping 10x from current levels or a ~160% CAGR over the next half decade from current share prices.\nModel #3: \"Base\" Case\nCOIN hits its target of generating the majority of its revenue outside of its exchange business within 5 years. We assume that exchange net income margins will decline significantly from their current levels to ~19% and revenue remains flat in that business as growth roughly offsets reduced fees. Meanwhile, however, ancillary businesses enjoy fat 40% net income margins due to COIN's technological advantages, asset-light business models, and economies of scale and revenues from these businesses are roughly 55% of their total revenue. As a result, we estimate 2026 revenue coming in at ~$14 billion and exchange net income at $1.2 billion and ancillary business net income coming in at $3.1 billion.\nWe would conservatively value the exchange business at 15x net income and the ancillary business at 25x net income, resulting in an estimated value of $95.5 billion, or an 88% increase in valuation over 5 years. This would lead to a CAGR of 13.5% from current share price and make the stock an attractive buy here.\nInvestor Takeaway\nAs you can see from our models, valuing COIN is very challenging right now and the potential outcomes range from massive losses in a bear case scenario to enormous gains in a bull scenario. Our base case - based on a mildly bullish outlook for cryptocurrencies and their ancillary business investments, a realistically slightly bearish outlook for their exchange business, and conservative valuation multiple assumptions - indicates that COIN could be an attractive buy at present.\nWhile our current fair value estimate is ~$300 a share and implies meaningful upside from the current share price of ~$240, investors need to acknowledge that this is a highly speculative estimate at this point and that the thesis hinges primarily on their outlook for the growth of institutional cryptocurrency adoption rather than on internal factors at COIN. As a result, we rate COIN a speculative buy.","news_type":1},"isVote":1,"tweetType":1,"viewCount":449,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375368532,"gmtCreate":1619309913326,"gmtModify":1704722196091,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"Weee","listText":"Weee","text":"Weee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/375368532","repostId":"2129843350","repostType":4,"repost":{"id":"2129843350","pubTimestamp":1619189269,"share":"https://ttm.financial/m/news/2129843350?lang=&edition=fundamental","pubTime":"2021-04-23 22:47","market":"us","language":"en","title":"Churchill Capital IV Stock Is Being Pushed Down by Short-Sellers","url":"https://stock-news.laohu8.com/highlight/detail?id=2129843350","media":"Motley Fool","summary":"Bears are capitalizing on the lack of near-term positive catalysts, but the dip could be a buying opportunity for patient investors.","content":"<p>Following a massive boom over the past year, special purpose acquisition companies (SPACs) have seemingly fallen out of favor since February as investors question some of the lofty valuations that private companies have been fetching in definitive agreements. The Securities and Exchange Commission (SEC) has started to scrutinize SPACs more closely, fearing that average investors could end up getting harmed from the exuberance.</p>\n<p>The securities regulator recently proposed a change that would impact how warrants are accounted for, which could potentially make reported earnings more volatile. Short-sellers have also been targeting some SPACs to capitalize on the SPAC pullback, amplifying the selling pressure.</p>\n<p>Here's some evidence that short-sellers are pushing down <b><a href=\"https://laohu8.com/S/CCC.U\">Churchill Capital</a> IV </b>(NYSE:CCIV), a high-profile SPAC that's merging with Lucid Motors.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F622526%2Flucid-air-exterior-09.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"350\"><span>Image source: Lucid Motors.</span></p>\n<h2>The biggest and most profitable SPAC short</h2>\n<p>Recent data from short-selling analytics firm S3 Partners shows that bears have significantly increased their short positions over the past 30 days. S3 Partners uses proprietary models to estimate real-time data, which can be more useful than the official data that exchanges provide twice per month. Of the 885 SPACs that S3 Partners tracks on its analytics platform, Churchill Capital IV has seen the largest increase by far.</p>\n<p>Currently, approximately 13.7% of Churchill Capital IV's float is sold short, according to S3 Partners. The total dollar value of those bearish positions is around $603 million, which has increased by a whopping $178 million over the past 30 days. The next highest increase in short bets was <b>Forest Road</b>, which is merging&nbsp;with Beachbody and Myx Fitness in a rare three-way merger, at just $25 million over the past 30 days. The data makes it clear that shorts are disproportionately targeting Churchill Capital IV by a significant margin.</p>\n<p>So far, it's working out quite profitably for the bears. Churchill Capital IV has also been the most profitable SPAC short over the past 30 days, generating overall mark-to-market profits of $249 million, or a 34% return.</p>\n<h2>Why shorts are targeting Churchill Capital IV</h2>\n<p>There are a few likely reasons why Churchill Capital IV has attracted so much short interest. First off, the stock had run up to unsustainably high levels of around $65 prior to confirming the merger with Lucid. Once the reality of the deal set it, the stock plummeted and continued to pull back.</p>\n<p>Additionally, there are no positive fundamental drivers in the near term for Churchill Capital IV. The SPAC is currently in the process of closing the merger with Lucid, and the aspiring electric vehicle (EV) maker recently decided to delay the launch of its flagship Air sedan into the second half of 2021.</p>\n<p>In the meantime, Lucid continues to open new stores to expand its retail network, which will help build brand awareness. Eventually, those locations will be important to conduct direct sales, but that will come after Air deliveries commence.</p>\n<p>Long-term investors will need to be patient for the next several months and expect plenty of volatility as short-sellers capitalize on the absence of positive news. Shares will likely be range-bound for a bit.</p>\n<p>However, that doesn't mean that long-term investors can't benefit. The stock looks particularly compelling at $20, and patient investors can now buy shares on the cheap.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Churchill Capital IV Stock Is Being Pushed Down by Short-Sellers</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\">\nChurchill Capital IV Stock Is Being Pushed Down by Short-Sellers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-23 22:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/23/churchill-capital-iv-stock-is-being-pushed-down-by/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Following a massive boom over the past year, special purpose acquisition companies (SPACs) have seemingly fallen out of favor since February as investors question some of the lofty valuations that ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/23/churchill-capital-iv-stock-is-being-pushed-down-by/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/04/23/churchill-capital-iv-stock-is-being-pushed-down-by/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129843350","content_text":"Following a massive boom over the past year, special purpose acquisition companies (SPACs) have seemingly fallen out of favor since February as investors question some of the lofty valuations that private companies have been fetching in definitive agreements. The Securities and Exchange Commission (SEC) has started to scrutinize SPACs more closely, fearing that average investors could end up getting harmed from the exuberance.\nThe securities regulator recently proposed a change that would impact how warrants are accounted for, which could potentially make reported earnings more volatile. Short-sellers have also been targeting some SPACs to capitalize on the SPAC pullback, amplifying the selling pressure.\nHere's some evidence that short-sellers are pushing down Churchill Capital IV (NYSE:CCIV), a high-profile SPAC that's merging with Lucid Motors.\nImage source: Lucid Motors.\nThe biggest and most profitable SPAC short\nRecent data from short-selling analytics firm S3 Partners shows that bears have significantly increased their short positions over the past 30 days. S3 Partners uses proprietary models to estimate real-time data, which can be more useful than the official data that exchanges provide twice per month. Of the 885 SPACs that S3 Partners tracks on its analytics platform, Churchill Capital IV has seen the largest increase by far.\nCurrently, approximately 13.7% of Churchill Capital IV's float is sold short, according to S3 Partners. The total dollar value of those bearish positions is around $603 million, which has increased by a whopping $178 million over the past 30 days. The next highest increase in short bets was Forest Road, which is merging with Beachbody and Myx Fitness in a rare three-way merger, at just $25 million over the past 30 days. The data makes it clear that shorts are disproportionately targeting Churchill Capital IV by a significant margin.\nSo far, it's working out quite profitably for the bears. Churchill Capital IV has also been the most profitable SPAC short over the past 30 days, generating overall mark-to-market profits of $249 million, or a 34% return.\nWhy shorts are targeting Churchill Capital IV\nThere are a few likely reasons why Churchill Capital IV has attracted so much short interest. First off, the stock had run up to unsustainably high levels of around $65 prior to confirming the merger with Lucid. Once the reality of the deal set it, the stock plummeted and continued to pull back.\nAdditionally, there are no positive fundamental drivers in the near term for Churchill Capital IV. The SPAC is currently in the process of closing the merger with Lucid, and the aspiring electric vehicle (EV) maker recently decided to delay the launch of its flagship Air sedan into the second half of 2021.\nIn the meantime, Lucid continues to open new stores to expand its retail network, which will help build brand awareness. Eventually, those locations will be important to conduct direct sales, but that will come after Air deliveries commence.\nLong-term investors will need to be patient for the next several months and expect plenty of volatility as short-sellers capitalize on the absence of positive news. Shares will likely be range-bound for a bit.\nHowever, that doesn't mean that long-term investors can't benefit. The stock looks particularly compelling at $20, and patient investors can now buy shares on the cheap.","news_type":1},"isVote":1,"tweetType":1,"viewCount":222,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371317962,"gmtCreate":1618910906356,"gmtModify":1704716727863,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"Already&nbsp;","listText":"Already&nbsp;","text":"Already","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/371317962","repostId":"2128897404","repostType":4,"isVote":1,"tweetType":1,"viewCount":155,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":342249862,"gmtCreate":1618225479156,"gmtModify":1704707735756,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"Jeeeezz","listText":"Jeeeezz","text":"Jeeeezz","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/342249862","repostId":"1121930993","repostType":4,"repost":{"id":"1121930993","pubTimestamp":1618224287,"share":"https://ttm.financial/m/news/1121930993?lang=&edition=fundamental","pubTime":"2021-04-12 18:44","market":"us","language":"en","title":"Is Bitcoin Displacing Gold As An Inflation Hedge?","url":"https://stock-news.laohu8.com/highlight/detail?id=1121930993","media":"zerohedge","summary":"Silver and Gold, and Bitcoin\nHow to explain bitcoin? As I said a couple of weeks ago, it’s hard to d","content":"<p><b>Silver and Gold, and Bitcoin</b></p>\n<p>How to explain bitcoin? As I said a couple of weeks ago, it’s hard to dismiss the digital currency as a classic investment bubble because —&nbsp;unlike any of the other historical manias which have seen similarly extreme gains in price —&nbsp;it has formed a series of bubbles, which have burst&nbsp;and then reinflated.<b>Bubbles aren’t supposed to do this</b>: They are booms grown so large that they cannot gently deflate and must burst, never to return.</p>\n<p>Bitcoin has many of the symptoms of a speculative mania, led by the sheer excitement it inspires in its believers. But it’s&nbsp;hard to say what the digital asset’s value should be. Like gold, value is in the eye of the beholder. It has no intrinsic value, and while the same is true of banknotes, it has no government standing behind it.</p>\n<p>Plenty of people are grappling with the same issue, and the value of bitcoin might best be derived from its absence. To see how this works, look at the odd relationship between gold and Treasury bonds, in this chart from Gavekal Research Ltd.<b>Generally, Treasuries beat gold when people aren’t too worried about inflation, while gold wins when there are inflationary concerns. Except at present, both are falling:</b></p>\n<p><img src=\"https://static.tigerbbs.com/a8f06f8cd9731b383f9d0181930e6289\" tg-width=\"500\" tg-height=\"345\" referrerpolicy=\"no-referrer\">This is happening despite widespread belief in a new wave of reflationary growth, and a historic amount of money-printing, normally inflationary, illustrated here by growth in M2:</p>\n<p><img src=\"https://static.tigerbbs.com/1f6aff63854c5946c003f9782f80a755\" tg-width=\"500\" tg-height=\"371\" referrerpolicy=\"no-referrer\"><b>Gold is generally thought of as an inflationary hedge, but if we judge it instead in terms of silver, we see that its price has roughly halved since the Covid panic last year.</b>Gold has grown steadily more expensive relative to silver since the bizarre year of 1980 when prices of both precious metals went bonkers. The last year has seen a spike and then a reversal for the ages:</p>\n<p><img src=\"https://static.tigerbbs.com/90325ba5146c527b0fe6c902382b31c3\" tg-width=\"500\" tg-height=\"281\" referrerpolicy=\"no-referrer\"><b>What drives the gold price, then?</b>Dhaval Joshi of BCA Research Inc. comes up with a different idea. The following chart shows three centuries of the gold/silver ratio. The relationship was stable until confidence in the gold standard eroded and then collapsed after the First World War. During the decades of the soft gold standard of the postwar Bretton Woods agreement&nbsp;the ratio returned to its old level, only to head back to the stratosphere once Bretton Woods broke down 50 years ago:</p>\n<p><img src=\"https://static.tigerbbs.com/77d3e6c10076e2672025d9f70cf13fa0\" tg-width=\"500\" tg-height=\"252\" referrerpolicy=\"no-referrer\">Joshi contends that this shows demand for gold over silver is driven by its perception as a superior “anti-fiat” asset. If people are worried about the long-term buying power of government-issued currencies, they will be prepared to pay more for gold, with its perceived role as a store of value. How then do we explain gold’s sudden fall in silver terms over the last year?</p>\n<p><b>The Joshi argument is that bitcoin has risen as an alternative anti-fiat asset. It has been popular because of the libertarian anti-government ideas that have accompanied the digital currency since its inception. Bitcoin’s increase in&nbsp;scale to become better known and much easier to obtain now makes it a much more viable competitor for the shiny metal.</b></p>\n<p>There is circumstantial evidence that some money has flowed directly from gold into bitcoin. The following chart is from Charles Morris of ByteTree Asset Management Ltd.&nbsp;and shows flows into investment funds holding both assets since last May:</p>\n<p><img src=\"https://static.tigerbbs.com/ecdeb7acff0aeb1150b22b1daed5e655\" tg-width=\"500\" tg-height=\"301\" referrerpolicy=\"no-referrer\"><b>Not all of the money leaving gold has gone into bitcoin, but quite a big chunk has.</b>Institutions appear to be making a decision to allocate some money to bitcoin as a hedge against a fiat collapse. (Another important destination appears to be Chinese bonds.) Bitcoin’s strength in the last few months has come despite a distinct drop-off in Google searches for the term, which might be taken as a proxy for retail interest, or&nbsp;the kind of excitement that typically accompanies a bubble:</p>\n<p><b>Bitcoin’s performance over the last year is directly aligned with movements in bond yields.</b>When yields rise, so does bitcoin. This implies that the digital currency benefits directly from the “reflation trade” —&nbsp;or the belief that inflation is coming. And to be clear, before anyone accuses me of chart crime, this one has two scales. Bitcoin is prone to much more titanic moves than Treasury bonds. The point is that they both move in the same direction at the same time:</p>\n<p>A rather more scientific analysis by the British research firm Quant Insight Ltd. shows bitcoin’s key sensitivity is to inflation breakevens.<b>The same is true of gold. The difference, at present, is that bitcoin is positively correlated with breakevens, gaining when fears about inflation rise, while gold is negatively correlated.</b></p>\n<p><img src=\"https://static.tigerbbs.com/f4914e4b3acf9a51a825d944e7be4c89\" tg-width=\"500\" tg-height=\"281\" referrerpolicy=\"no-referrer\"></p>\n<p>Adding another layer, Morris of ByteTree suggests that bitcoin is behaving like a growth stock, and gold has never done that:</p>\n<blockquote>\n Bitcoin seems to have it all. It is one of the few assets that seems to benefit from a rising bond yield – something we reserve for true growth stocks and those cyclicals enjoying recovery. Conversely, this is normally detrimental to traditional low-growth safe assets such as gold, defensive yield stocks and bonds. Unlike defensive stocks and bonds, Bitcoin and gold are both inflation-sensitive, but gold is happiest when the world faces a downward spiral. In contrast, Bitcoin prefers a stronger economy, when the yield is rising. This is where we are today.\n</blockquote>\n<p><b>The current drive in bitcoin therefore looks like a bid to protect against currency debasement, by means of a measured transfer from gold, which is deemed the weaker anti-fiat asset for the moment.</b>Bitcoin’s recent pause (at a level where its price is still double what it was at the start the year) overlaps with a pause in the bond market, which had seemed to get ahead of itself. Real 10-year yields have essentially moved sideways for more than a month since their big rise ended in late February:</p>\n<p><b>If this is what is motivating people to buy bitcoin, with resurgence in fears of debasement and inflation accounting for its persistent recovery after crashes, the question of exactly how we should value it remains.</b>Joshi looks at the merits of an anti-fiat asset as being tied up with its ability to avoid major losses. Gold can also have big drawdowns, but nothing like the epic losses that bitcoin periodically inflicts on its holders before rallying again. As bitcoin’s declines tend to be three times bigger, risk can be equalized by holding three times as much gold as bitcoin —&nbsp;which implies buying more bitcoin from here:</p>\n<p><img src=\"https://static.tigerbbs.com/2b2771040ef04af0bbee37892e4443fc\" tg-width=\"500\" tg-height=\"644\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Is bitcoin really that direct a substitute for gold?</b>It’s a tough proposition to handle. I am typing this with a very small piece of gold around my ring finger. I am confident that I will never swap my wedding ring for one made of bitcoin. Gold at least has an intrinsic use as the raw material for much-desired jewelry. Bitcoin has nothing so straightforward to fall back on. Official action might easily&nbsp;limit use of the digital asset if it grew big enough to challenge the government’s monopoly of currency issuance.</p>\n<p>One final issue is that, as with gold, there is so little to hold on to. Yes, there are some measures that can justify a rising price. Bitcoin has been ingeniously designed so that the supply of new coin will reduce over time, and so that price declines will reduce the incentive to spend money on increasing supply. Network effects can also make the currency more useful —&nbsp;the more applications are developed, and the more easily and swiftly it can be used, the more it becomes a viable currency. But it still provides no yield to compare it to other assets. And its continued susceptibility to massive crashes messes up its use as a means of exchange, while ensuring that it continues to be an unreliable store of value.</p>\n<p>The technology undergirding bitcoin and other cryptocurrencies continues to develop. Like the laser, in its early days known as a “solution in search of a problem,” cryptocurrencies and the blockchain could solve all kind of problems for us. This is a reasonable hope, if not something that can be pinned down and valued with discounted cash flow analysis.</p>\n<p><b>For now, bitcoin fills a demand for a wider array of alternatives to fiat currencies at a time when many are deeply skeptical of monetary policy, while also promising the kind of exciting growth that tech stocks have done.</b>It’s understandable that there would be wide demand for such an asset. And while that demand is strong, it is aided by that other universal force in markets; fear of missing out. If reflation doesn’t&nbsp;come through on cue, however, it might be as well to brace for another bitcoin bump.</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>Is Bitcoin Displacing Gold As An Inflation Hedge?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Bitcoin Displacing Gold As An Inflation Hedge?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-12 18:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/crypto/bitcoin-displacing-gold-inflation-hedge><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Silver and Gold, and Bitcoin\nHow to explain bitcoin? As I said a couple of weeks ago, it’s hard to dismiss the digital currency as a classic investment bubble because — unlike any of the other ...</p>\n\n<a href=\"https://www.zerohedge.com/crypto/bitcoin-displacing-gold-inflation-hedge\">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"},"source_url":"https://www.zerohedge.com/crypto/bitcoin-displacing-gold-inflation-hedge","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121930993","content_text":"Silver and Gold, and Bitcoin\nHow to explain bitcoin? As I said a couple of weeks ago, it’s hard to dismiss the digital currency as a classic investment bubble because — unlike any of the other historical manias which have seen similarly extreme gains in price — it has formed a series of bubbles, which have burst and then reinflated.Bubbles aren’t supposed to do this: They are booms grown so large that they cannot gently deflate and must burst, never to return.\nBitcoin has many of the symptoms of a speculative mania, led by the sheer excitement it inspires in its believers. But it’s hard to say what the digital asset’s value should be. Like gold, value is in the eye of the beholder. It has no intrinsic value, and while the same is true of banknotes, it has no government standing behind it.\nPlenty of people are grappling with the same issue, and the value of bitcoin might best be derived from its absence. To see how this works, look at the odd relationship between gold and Treasury bonds, in this chart from Gavekal Research Ltd.Generally, Treasuries beat gold when people aren’t too worried about inflation, while gold wins when there are inflationary concerns. Except at present, both are falling:\nThis is happening despite widespread belief in a new wave of reflationary growth, and a historic amount of money-printing, normally inflationary, illustrated here by growth in M2:\nGold is generally thought of as an inflationary hedge, but if we judge it instead in terms of silver, we see that its price has roughly halved since the Covid panic last year.Gold has grown steadily more expensive relative to silver since the bizarre year of 1980 when prices of both precious metals went bonkers. The last year has seen a spike and then a reversal for the ages:\nWhat drives the gold price, then?Dhaval Joshi of BCA Research Inc. comes up with a different idea. The following chart shows three centuries of the gold/silver ratio. The relationship was stable until confidence in the gold standard eroded and then collapsed after the First World War. During the decades of the soft gold standard of the postwar Bretton Woods agreement the ratio returned to its old level, only to head back to the stratosphere once Bretton Woods broke down 50 years ago:\nJoshi contends that this shows demand for gold over silver is driven by its perception as a superior “anti-fiat” asset. If people are worried about the long-term buying power of government-issued currencies, they will be prepared to pay more for gold, with its perceived role as a store of value. How then do we explain gold’s sudden fall in silver terms over the last year?\nThe Joshi argument is that bitcoin has risen as an alternative anti-fiat asset. It has been popular because of the libertarian anti-government ideas that have accompanied the digital currency since its inception. Bitcoin’s increase in scale to become better known and much easier to obtain now makes it a much more viable competitor for the shiny metal.\nThere is circumstantial evidence that some money has flowed directly from gold into bitcoin. The following chart is from Charles Morris of ByteTree Asset Management Ltd. and shows flows into investment funds holding both assets since last May:\nNot all of the money leaving gold has gone into bitcoin, but quite a big chunk has.Institutions appear to be making a decision to allocate some money to bitcoin as a hedge against a fiat collapse. (Another important destination appears to be Chinese bonds.) Bitcoin’s strength in the last few months has come despite a distinct drop-off in Google searches for the term, which might be taken as a proxy for retail interest, or the kind of excitement that typically accompanies a bubble:\nBitcoin’s performance over the last year is directly aligned with movements in bond yields.When yields rise, so does bitcoin. This implies that the digital currency benefits directly from the “reflation trade” — or the belief that inflation is coming. And to be clear, before anyone accuses me of chart crime, this one has two scales. Bitcoin is prone to much more titanic moves than Treasury bonds. The point is that they both move in the same direction at the same time:\nA rather more scientific analysis by the British research firm Quant Insight Ltd. shows bitcoin’s key sensitivity is to inflation breakevens.The same is true of gold. The difference, at present, is that bitcoin is positively correlated with breakevens, gaining when fears about inflation rise, while gold is negatively correlated.\n\nAdding another layer, Morris of ByteTree suggests that bitcoin is behaving like a growth stock, and gold has never done that:\n\n Bitcoin seems to have it all. It is one of the few assets that seems to benefit from a rising bond yield – something we reserve for true growth stocks and those cyclicals enjoying recovery. Conversely, this is normally detrimental to traditional low-growth safe assets such as gold, defensive yield stocks and bonds. Unlike defensive stocks and bonds, Bitcoin and gold are both inflation-sensitive, but gold is happiest when the world faces a downward spiral. In contrast, Bitcoin prefers a stronger economy, when the yield is rising. This is where we are today.\n\nThe current drive in bitcoin therefore looks like a bid to protect against currency debasement, by means of a measured transfer from gold, which is deemed the weaker anti-fiat asset for the moment.Bitcoin’s recent pause (at a level where its price is still double what it was at the start the year) overlaps with a pause in the bond market, which had seemed to get ahead of itself. Real 10-year yields have essentially moved sideways for more than a month since their big rise ended in late February:\nIf this is what is motivating people to buy bitcoin, with resurgence in fears of debasement and inflation accounting for its persistent recovery after crashes, the question of exactly how we should value it remains.Joshi looks at the merits of an anti-fiat asset as being tied up with its ability to avoid major losses. Gold can also have big drawdowns, but nothing like the epic losses that bitcoin periodically inflicts on its holders before rallying again. As bitcoin’s declines tend to be three times bigger, risk can be equalized by holding three times as much gold as bitcoin — which implies buying more bitcoin from here:\n\nIs bitcoin really that direct a substitute for gold?It’s a tough proposition to handle. I am typing this with a very small piece of gold around my ring finger. I am confident that I will never swap my wedding ring for one made of bitcoin. Gold at least has an intrinsic use as the raw material for much-desired jewelry. Bitcoin has nothing so straightforward to fall back on. Official action might easily limit use of the digital asset if it grew big enough to challenge the government’s monopoly of currency issuance.\nOne final issue is that, as with gold, there is so little to hold on to. Yes, there are some measures that can justify a rising price. Bitcoin has been ingeniously designed so that the supply of new coin will reduce over time, and so that price declines will reduce the incentive to spend money on increasing supply. Network effects can also make the currency more useful — the more applications are developed, and the more easily and swiftly it can be used, the more it becomes a viable currency. But it still provides no yield to compare it to other assets. And its continued susceptibility to massive crashes messes up its use as a means of exchange, while ensuring that it continues to be an unreliable store of value.\nThe technology undergirding bitcoin and other cryptocurrencies continues to develop. Like the laser, in its early days known as a “solution in search of a problem,” cryptocurrencies and the blockchain could solve all kind of problems for us. This is a reasonable hope, if not something that can be pinned down and valued with discounted cash flow analysis.\nFor now, bitcoin fills a demand for a wider array of alternatives to fiat currencies at a time when many are deeply skeptical of monetary policy, while also promising the kind of exciting growth that tech stocks have done.It’s understandable that there would be wide demand for such an asset. And while that demand is strong, it is aided by that other universal force in markets; fear of missing out. If reflation doesn’t come through on cue, however, it might be as well to brace for another bitcoin bump.","news_type":1},"isVote":1,"tweetType":1,"viewCount":53,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":358883943,"gmtCreate":1616679715582,"gmtModify":1704797333897,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"Ooo","listText":"Ooo","text":"Ooo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/358883943","repostId":"1179353023","repostType":4,"repost":{"id":"1179353023","pubTimestamp":1616673145,"share":"https://ttm.financial/m/news/1179353023?lang=&edition=fundamental","pubTime":"2021-03-25 19:52","market":"us","language":"en","title":"Apple Stock: At What Price Should You Buy?","url":"https://stock-news.laohu8.com/highlight/detail?id=1179353023","media":"seekingalpha","summary":"Once my favorite stock, the current valuation for Apple doesn't make a whole lot of sense to me.However, Apple is a great business that remains on my radar. I share the price Apple would need to trade down to for me to expect above-average returns from the stock.An idea for how to get exposure to Apple Inc. without paying full price.Apple's net income has increased from $1.3 billion in FY 2005 to over $57 billion in FY 2020. As you can see from the graph below, the iPhone launch in 2007 was a ga","content":"<p><b>Summary</b></p>\n<ul>\n <li>Once my favorite stock, the current valuation for Apple doesn't make a whole lot of sense to me.</li>\n <li>However, Apple is a great business that remains on my radar. I share the price Apple would need to trade down to for me to expect above-average returns from the stock.</li>\n <li>An idea for how to get exposure to Apple Inc. without paying full price.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2759ebda380d31d3cb7409646e4e7d5f\" tg-width=\"537\" tg-height=\"322\"><span>Photo by Andrej Kalsin/iStock via Getty Images</span></p>\n<p>In a sign of the times, financial news networks now have minute-by-minute quotes on GameStop (GME) stock, right next to the Dow and S&amp;P 500. This is the part of the \"TikTokization\" of society, as real relationships and long-term thinking are increasingly replaced by smartphone apps that are engineered to trigger reward centers in the human brain, whether on Robinhood, TikTok, or Tinder. Somewhere along the way, the majority of investors stopped looking at fundamentals, swapping deep calculation and due diligence with mantras like \"stocks only go up,\" and \"hold the line.\" When stocks get disconnected from their business fundamentals, wealth typically ends up getting transferred. This clearly affects Apple (AAPL), the most popular stock in America. To this point, I have good news and bad news.</p>\n<p>First, the bad news. There are a lot of people who have no idea what they are doing who are being taken advantage of by Wall Street. They're rapid-fire day trading, getting&nbsp;fleeced in SPACs, buying options without knowing what implied volatility is, and loading their retirement accounts with AMC (AMC) and GameStop. The good news is that it's a tremendous advantage to be a long-term economic thinker when so few people are. This can help you make money not only in Apple but in the stock market in general.</p>\n<p><b>Apple Stock Price History</b></p>\n<p>Apple is up big over the last year off of the bear market low but is flat over the last six months. The obsession du-jour is the direction of Treasury yields. For the first time in my career, the Dow and Nasdaq, which are historically highly correlated, move opposite on most days based on how market participants feel about yields and whether the pandemic will last a few more months or not. This is more of the short-term thinking that won't make anyone money in the long run. But over the last year, you can see that Apple's fortunes have mirrored the US economy at large.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/807cda601ea1bc6be4a57a3b5182548d\" tg-width=\"635\" tg-height=\"435\"><span>Data by YCharts</span></p>\n<p>Over longer periods of time, Apple's stock price has reflected the actual business, which has been successful. The business results, along with the valuation you pay for Apple will determine your success as an investor in the stock.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a39d987338524b27749867cfac46f235\" tg-width=\"635\" tg-height=\"435\"><span>Data by YCharts</span></p>\n<p><b>Apple Growth Rate and Valuation</b></p>\n<p>Apple's net income has increased from $1.3 billion in FY 2005 to over $57 billion in FY 2020. As you can see from the graph below, the iPhone launch in 2007 was a game-changer for Apple. More recently, Apple's growth in net income has slowed, although they're running over $60 billion annually in net income. Net income is quoted after corporate taxes, so remember that Apple is getting the benefit of a roughly 20 percent increase in income from the Trump tax cuts of 2017.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5dbfd56479bd134400ea2dc32a079c08\" tg-width=\"640\" tg-height=\"406\"><span>Source: Statista</span></p>\n<p>You can compare Apple's net income against their market cap of around $2 trillion, and you see that Apple trades for over 35x what it made in FY 2020. There's nothing wrong with Apple, it's a great business, but that's generally pretty expensive for a company whose growth is leveling out. Apple has some positives working in its favor, most importantly that they're expected to earn about 30 percent more in FY 2021 than they did in FY 2020. This brings the valuation down to about 28x its expected earnings, which is still pretty high. Additionally, Apple bulls are quick to remind you that growth in Apple's all-important services segment is driving their earnings and that the&nbsp;new iPhone&nbsp;should sell like hotcakes. It might not be enough, however, to justify the valuation.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0005edbd4f616e1f2557865c40eb4383\" tg-width=\"640\" tg-height=\"346\"><span>Source: Macrotrends</span></p>\n<p>Apple trading for this kind of valuation it trades for is a recent development. For most of the 2010s, Apple traded closer to 10x earnings, reaching ~20x before the tech correction of 2018 took it back down. P/E ratios are based on earnings per share, which grew faster than pre-tax net income for two reasons.</p>\n<p>1. Trump's tax cuts in 2017. These increased corporate net income for S&amp;P 500 companies by around 20 percent, per my calculations. The tax cuts also unlocked money that had been trapped offshore, creating a large one-time earnings boost for corporations. Apple shows a clear benefit in its financial statements from the 2017 tax cuts. This is a one-time deal. I'll be blunt – I'm more likely to date a supermodel than corporate tax rates are to be cut further with the US fiscal situation being what it is.</p>\n<p>2. Tim Cook's buyback program. By my calculations, Apple was able to purchase a little over 36 percent of its shares outstanding between&nbsp;September 2012 and their last quarterly report. This was a huge win for Apple shareholders, as the company was able to buy tons of shares on the cheap. Apple earned $3.31 per share last year. If they hadn't bought back any shares, they only would have earned $2.21 per share. The buyback alone increased Apple's earnings per share by nearly 50 percent! And what gave the buyback oxygen was Apple's low valuation for most of the 2010s, allowing them to use cash flow and low-interest debt to cheaply accumulate shares and drive EPS growth.</p>\n<p>With the first tailwind being a one-time event and the second being largely ineffective with Apple's high valuation, if you're going to make a lot of money in Apple shares, you're either going to need to see Apple's net income itself grow, or its PE multiple to rise even higher. I think Apple can grow its net income by 4-5 percent annually over the next 10 years. This seems fair since net income has grown less than this since 2018. With the high valuation, the EPS isn't likely to grow much faster even with buybacks. Based on the business results of Apple and the valuation, I think you can expect a roughly 8 percent annual return by investing in Apple stock at current prices. This isn't enough for me to back up the truck on Apple, but since I've done very well in the past with Apple, the stock never really leaves my radar. What I need to buy Apple at is a price that's more agreeable to me.</p>\n<p><b>When to Buy Apple Stock</b></p>\n<p>My quick and dirty method for estimating stock returns is to take earnings yield plus normalized earnings growth. Historically analysts would use dividend yield instead of earnings yield, but now buybacks are much more common than they were in the past, so it doesn't bias the model in favor of dividends. For me to be interested in Apple, I'd like to see at least double-digit expected returns, and assuming 5 percent EPS growth, Apple would need to trade for 20x earnings or less (i.e. what it normally trades for historically). This implies a price of roughly $93 based on Apple's earnings estimates for next year. Apple trades for over $122 as of my writing this article, so we have a ways to go. Apple will need to trade sideways for a couple of years or see a 25-30 percent correction to hit where I'd like to start accumulating it.</p>\n<p>Given the bipolar history of Apple stock, I think that this is likely to happen at some point. After all, the stock didn't trade above $93 until July of 2020. $93 is just where I would start accumulating, by the way, I'd get more interested as the stock gets cheaper, assuming the fundamentals don't change too much.</p>\n<p>If you don't want to wait for a correction in Apple, I have another idea that I executed in my portfolio. Sometimes companies own large stakes in other companies, and this can present opportunities for patient investors. Michael Burry (of<i>The Big Short</i>fame) recently bought Porsche (OTCPK:POAHY) stock for this reason because they own part of Volkswagen and the sum of the parts is worth more than the whole. After he publicly shared the idea, people started pumping a bunch of money into Porsche stock, which may or may not have corrected the mispricing (you'd have to look at the financials to know for sure). In Apple's case, Berkshire Hathaway (BRK.B) owns a large minority stake in the company. If you pull Berkshire's 13-F, they own ~$117 billion in Apple stock as of the filing, which represents roughly 20 percent of Berkshire's market cap of ~$580 billion. Berkshire is cheaper than Apple and is tied to Apple stock by its ownership stake. I like the optionality of this trade because you get the Apple exposure essentially for free – the stake has little impact on Berkshire's EPS due to Apple's low dividend yield at the moment. If Apple goes down, I'd expect that Berkshire would be able to accumulate more stock which would help in the long run, and if Apple goes up, then it helps raise the floor on the price of Berkshire stock. There's no mechanism to force this unless Berkshire sells, but over the long run, I would expect that the economic link between the companies would be enough to create an advantage for me.</p>\n<p>I currently own Apple through index funds and Berkshire. If Apple and the NASDAQ continue to fall, I'll be interested in buying, but I'm watching and waiting for now.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Stock: At What Price Should You Buy?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Stock: At What Price Should You Buy?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-25 19:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4415785-apple-stock-what-price-buy><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nOnce my favorite stock, the current valuation for Apple doesn't make a whole lot of sense to me.\nHowever, Apple is a great business that remains on my radar. I share the price Apple would ...</p>\n\n<a href=\"https://seekingalpha.com/article/4415785-apple-stock-what-price-buy\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4415785-apple-stock-what-price-buy","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1179353023","content_text":"Summary\n\nOnce my favorite stock, the current valuation for Apple doesn't make a whole lot of sense to me.\nHowever, Apple is a great business that remains on my radar. I share the price Apple would need to trade down to for me to expect above-average returns from the stock.\nAn idea for how to get exposure to Apple Inc. without paying full price.\n\nPhoto by Andrej Kalsin/iStock via Getty Images\nIn a sign of the times, financial news networks now have minute-by-minute quotes on GameStop (GME) stock, right next to the Dow and S&P 500. This is the part of the \"TikTokization\" of society, as real relationships and long-term thinking are increasingly replaced by smartphone apps that are engineered to trigger reward centers in the human brain, whether on Robinhood, TikTok, or Tinder. Somewhere along the way, the majority of investors stopped looking at fundamentals, swapping deep calculation and due diligence with mantras like \"stocks only go up,\" and \"hold the line.\" When stocks get disconnected from their business fundamentals, wealth typically ends up getting transferred. This clearly affects Apple (AAPL), the most popular stock in America. To this point, I have good news and bad news.\nFirst, the bad news. There are a lot of people who have no idea what they are doing who are being taken advantage of by Wall Street. They're rapid-fire day trading, getting fleeced in SPACs, buying options without knowing what implied volatility is, and loading their retirement accounts with AMC (AMC) and GameStop. The good news is that it's a tremendous advantage to be a long-term economic thinker when so few people are. This can help you make money not only in Apple but in the stock market in general.\nApple Stock Price History\nApple is up big over the last year off of the bear market low but is flat over the last six months. The obsession du-jour is the direction of Treasury yields. For the first time in my career, the Dow and Nasdaq, which are historically highly correlated, move opposite on most days based on how market participants feel about yields and whether the pandemic will last a few more months or not. This is more of the short-term thinking that won't make anyone money in the long run. But over the last year, you can see that Apple's fortunes have mirrored the US economy at large.\nData by YCharts\nOver longer periods of time, Apple's stock price has reflected the actual business, which has been successful. The business results, along with the valuation you pay for Apple will determine your success as an investor in the stock.\nData by YCharts\nApple Growth Rate and Valuation\nApple's net income has increased from $1.3 billion in FY 2005 to over $57 billion in FY 2020. As you can see from the graph below, the iPhone launch in 2007 was a game-changer for Apple. More recently, Apple's growth in net income has slowed, although they're running over $60 billion annually in net income. Net income is quoted after corporate taxes, so remember that Apple is getting the benefit of a roughly 20 percent increase in income from the Trump tax cuts of 2017.\nSource: Statista\nYou can compare Apple's net income against their market cap of around $2 trillion, and you see that Apple trades for over 35x what it made in FY 2020. There's nothing wrong with Apple, it's a great business, but that's generally pretty expensive for a company whose growth is leveling out. Apple has some positives working in its favor, most importantly that they're expected to earn about 30 percent more in FY 2021 than they did in FY 2020. This brings the valuation down to about 28x its expected earnings, which is still pretty high. Additionally, Apple bulls are quick to remind you that growth in Apple's all-important services segment is driving their earnings and that the new iPhone should sell like hotcakes. It might not be enough, however, to justify the valuation.\nSource: Macrotrends\nApple trading for this kind of valuation it trades for is a recent development. For most of the 2010s, Apple traded closer to 10x earnings, reaching ~20x before the tech correction of 2018 took it back down. P/E ratios are based on earnings per share, which grew faster than pre-tax net income for two reasons.\n1. Trump's tax cuts in 2017. These increased corporate net income for S&P 500 companies by around 20 percent, per my calculations. The tax cuts also unlocked money that had been trapped offshore, creating a large one-time earnings boost for corporations. Apple shows a clear benefit in its financial statements from the 2017 tax cuts. This is a one-time deal. I'll be blunt – I'm more likely to date a supermodel than corporate tax rates are to be cut further with the US fiscal situation being what it is.\n2. Tim Cook's buyback program. By my calculations, Apple was able to purchase a little over 36 percent of its shares outstanding between September 2012 and their last quarterly report. This was a huge win for Apple shareholders, as the company was able to buy tons of shares on the cheap. Apple earned $3.31 per share last year. If they hadn't bought back any shares, they only would have earned $2.21 per share. The buyback alone increased Apple's earnings per share by nearly 50 percent! And what gave the buyback oxygen was Apple's low valuation for most of the 2010s, allowing them to use cash flow and low-interest debt to cheaply accumulate shares and drive EPS growth.\nWith the first tailwind being a one-time event and the second being largely ineffective with Apple's high valuation, if you're going to make a lot of money in Apple shares, you're either going to need to see Apple's net income itself grow, or its PE multiple to rise even higher. I think Apple can grow its net income by 4-5 percent annually over the next 10 years. This seems fair since net income has grown less than this since 2018. With the high valuation, the EPS isn't likely to grow much faster even with buybacks. Based on the business results of Apple and the valuation, I think you can expect a roughly 8 percent annual return by investing in Apple stock at current prices. This isn't enough for me to back up the truck on Apple, but since I've done very well in the past with Apple, the stock never really leaves my radar. What I need to buy Apple at is a price that's more agreeable to me.\nWhen to Buy Apple Stock\nMy quick and dirty method for estimating stock returns is to take earnings yield plus normalized earnings growth. Historically analysts would use dividend yield instead of earnings yield, but now buybacks are much more common than they were in the past, so it doesn't bias the model in favor of dividends. For me to be interested in Apple, I'd like to see at least double-digit expected returns, and assuming 5 percent EPS growth, Apple would need to trade for 20x earnings or less (i.e. what it normally trades for historically). This implies a price of roughly $93 based on Apple's earnings estimates for next year. Apple trades for over $122 as of my writing this article, so we have a ways to go. Apple will need to trade sideways for a couple of years or see a 25-30 percent correction to hit where I'd like to start accumulating it.\nGiven the bipolar history of Apple stock, I think that this is likely to happen at some point. After all, the stock didn't trade above $93 until July of 2020. $93 is just where I would start accumulating, by the way, I'd get more interested as the stock gets cheaper, assuming the fundamentals don't change too much.\nIf you don't want to wait for a correction in Apple, I have another idea that I executed in my portfolio. Sometimes companies own large stakes in other companies, and this can present opportunities for patient investors. Michael Burry (ofThe Big Shortfame) recently bought Porsche (OTCPK:POAHY) stock for this reason because they own part of Volkswagen and the sum of the parts is worth more than the whole. After he publicly shared the idea, people started pumping a bunch of money into Porsche stock, which may or may not have corrected the mispricing (you'd have to look at the financials to know for sure). In Apple's case, Berkshire Hathaway (BRK.B) owns a large minority stake in the company. If you pull Berkshire's 13-F, they own ~$117 billion in Apple stock as of the filing, which represents roughly 20 percent of Berkshire's market cap of ~$580 billion. Berkshire is cheaper than Apple and is tied to Apple stock by its ownership stake. I like the optionality of this trade because you get the Apple exposure essentially for free – the stake has little impact on Berkshire's EPS due to Apple's low dividend yield at the moment. If Apple goes down, I'd expect that Berkshire would be able to accumulate more stock which would help in the long run, and if Apple goes up, then it helps raise the floor on the price of Berkshire stock. There's no mechanism to force this unless Berkshire sells, but over the long run, I would expect that the economic link between the companies would be enough to create an advantage for me.\nI currently own Apple through index funds and Berkshire. If Apple and the NASDAQ continue to fall, I'll be interested in buying, but I'm watching and waiting for now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":57,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":322941441,"gmtCreate":1615769688183,"gmtModify":1704786211560,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"wow wee","listText":"wow wee","text":"wow wee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/322941441","repostId":"1161672993","repostType":4,"repost":{"id":"1161672993","pubTimestamp":1615769028,"share":"https://ttm.financial/m/news/1161672993?lang=&edition=fundamental","pubTime":"2021-03-15 08:43","market":"us","language":"en","title":"The tech-heavy Nasdaq has underperformed the Dow for four straight weeks — a first since 2016","url":"https://stock-news.laohu8.com/highlight/detail?id=1161672993","media":"cnbc","summary":"KEY POINTS\n\nWhile the Nasdaq broke its string of three straight weekly losses, it trailed the Dow ye","content":"<div>\n<p>KEY POINTS\n\nWhile the Nasdaq broke its string of three straight weekly losses, it trailed the Dow yet again.\nThe Dow has outperformed the Nasdaq for four consecutive weeks for the first time since ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/12/nasdaq-trails-dow-for-fourth-straight-week-longest-streak-since-2016.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The tech-heavy Nasdaq has underperformed the Dow for four straight weeks — a first since 2016</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\">\nThe tech-heavy Nasdaq has underperformed the Dow for four straight weeks — a first since 2016\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-15 08:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/12/nasdaq-trails-dow-for-fourth-straight-week-longest-streak-since-2016.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nWhile the Nasdaq broke its string of three straight weekly losses, it trailed the Dow yet again.\nThe Dow has outperformed the Nasdaq for four consecutive weeks for the first time since ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/12/nasdaq-trails-dow-for-fourth-straight-week-longest-streak-since-2016.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","AMZN":"亚马逊",".SPX":"S&P 500 Index","AAPL":"苹果","TSLA":"特斯拉",".DJI":"道琼斯"},"source_url":"https://www.cnbc.com/2021/03/12/nasdaq-trails-dow-for-fourth-straight-week-longest-streak-since-2016.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1161672993","content_text":"KEY POINTS\n\nWhile the Nasdaq broke its string of three straight weekly losses, it trailed the Dow yet again.\nThe Dow has outperformed the Nasdaq for four consecutive weeks for the first time since April 2016.\nInvestors have been rotating into value stocks in sectors like energy and financials as interest rates move higher and the economy slowly reopens.\n\nInvestors are finally rotating out of tech stocks after a decade of outperformance.\nFor the fourth straight week, the tech-heavy Nasdaq Composite trailed the Dow Jones Industrial Average. It’s the longest such streak since April-May 2016, which was also the only year since 2011 that the Dow beat the Nasdaq.\nMarket experts have been predicting a tech cooldown for years and have been consistently wrong, thanks to the increasing dominance of mega-cap companies like Apple and Amazon, the frenzy around Tesla and the massive shift in spending to cloud computing.\n“It’s been years of frustration trying to get that trade right,” said Jack Ablin, who oversees $12.5 billion as chief investment officer at Cresset.\nAblin said this time feels different. Starting in the fourth quarter, his firm rolled out a new “quality dividend strategy,” moving clients out of technology and into industrials, financials, materials and energy companies. He was betting on a Democratic sweep in November, followed by a big stimulus package that would pump money into the economy, leading to inflation and higher interest rates.\nThe 10-year Treasury rose to its highest level in over a year on Friday, reaching as high as 1.642%. Rising rates give investors an incentive to shift money towards fixed income, while inflation tends to have an outsized impact on growth companies because it dampens expectations for future profits.\nMeanwhile, the $1.9 trillion coronavirus relief package that President Joe Biden signed on Thursday will send direct payments of $1,400 to most Americans, and will also expand the child tax credit and provide rental and utility assistance.\n‘Pent-up demand’\nAdd to that Biden’s pronouncement that all adults will be eligible for a Covid-19 vaccine by May 1, and the economy looks poised for a big rebound in 2021.\n“There’s pent-up demand for actually going out and doing stuff, taking vacations, going to bars and restaurants,” Ablin said. People are going to “take all that money on the sidelines and spend it,” he said.\nEven though Biden and the Democratic Congress are focused on expanding green energy alternatives, the current outlook for travel and getting back to work is benefiting traditional oil and gas companies. Within the S&P 500, energy stocks are performing the best this year, up 40% as a group. The top-performing groups this week were consumer discretionary stocks, real estate and utilities.\nThe Dow Industrials rose 4.1% for the week to close at a record 32,778.64. After three straight weeks of declines, the Nasdaq climbed 3.1% to 13,319.87. For the year, the Dow is up 7.1%, while the Nasdaq has gained 3.4%.\nDow vs. Nasdaq in 2021\nAblin knows that it’s too soon for a victory lap. Even as tech broadly is underperforming, there’s still a ton of money going into even more speculative assets.Bitcoin has almost doubled in value this year, and on Wednesday a non-fungible token (NFT) by the artist Beeple sold for more than $69 million in an auction through Christie’s.\nAblin said he was just asked about NFTs by a client on Thursday. While he admits to not having a strong viewpoint on them, he said that if recipients of stimulus money opt for risky investments instead of traveling and buying consumer goods, the market could look very different in the coming months.\n“If it really doesn’t get spent but gets plowed into the market, that would pull the rug out from under our thesis,” Ablin said. For example, he said, “If instead of taking their vacation, they go buy Tesla stock.”\nTesla shares did jump 16% last week. But that wasafter tumbling 30% over the prior month.","news_type":1},"isVote":1,"tweetType":1,"viewCount":2,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810574895,"gmtCreate":1629989216717,"gmtModify":1676530194965,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"Oo","listText":"Oo","text":"Oo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/810574895","repostId":"2162931260","repostType":4,"repost":{"id":"2162931260","pubTimestamp":1629982994,"share":"https://ttm.financial/m/news/2162931260?lang=&edition=fundamental","pubTime":"2021-08-26 21:03","market":"us","language":"en","title":"4 Growth Stocks With 116% to 247% Upside, According to Wall Street","url":"https://stock-news.laohu8.com/highlight/detail?id=2162931260","media":"Motley Fool","summary":"Analysts' high-water price targets foresee these fast-growing stocks doubling or tripling in value.","content":"<p>Patience has paid off handsomely for investors in 2021. It's been over nine months since the benchmark <b>S&amp;P 500</b> underwent even a 5% correction. Panning out a bit further, the widely followed index has doubled since hitting its bear-market low on March 23, 2020.</p>\n<p>Yet, even with the stock market mowing down record highs on a regular basis this year, Wall Street still sees value in a number of growth stocks. Based on the highest price target issued by a Wall Street analyst or investment bank, the following four growth stocks could deliver gains ranging from 116% to as much as 247%.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F640299%2Fbull-market-rising-stock-chart-economy-bear-newspaper-getty.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"525\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>Tesla Motors: Implied upside of 134%</h2>\n<p>Few stocks are as polarizing on Wall Street, from the perspective of price targets, than electric vehicle (EV) company <b>Tesla Motors</b> (NASDAQ:TSLA). Whereas <a href=\"https://laohu8.com/S/AONE.U\">one</a> analyst foresees approximately 90% downside in shares of the company, another believes Tesla could \"motor\" its way to $1,591 a share. This would represent 134% upside from where the company ended this past week.</p>\n<p>On one hand, Tesla has clear-cut advantages that are driving it forward. For instance, its battery technology offers more capacity, range, and power than competing EV manufacturers. Tesla has also built itself from the ground up to mass production. Based on its second-quarter deliveries of 201,250, the company looks to be on its way to topping 1 million annual deliveries by as soon as next year.&nbsp; Finally, don't overlook that Tesla has visionary Elon Musk as its CEO.</p>\n<p>On the other hand, it's unlikely that Tesla will be able to hang onto its competitive edges over the long run, with auto stocks like <b>Ford Motor Company</b>&nbsp;and <b>General Motors</b>&nbsp;respectively investing $30 billion and $35 billion through mid-decade in EVs and related technology. Both companies plan to respectively launch 30 new EVs globally by 2025.</p>\n<p>Perhaps the biggest concern is that Tesla hadn't generated a true operating profit until the latest quarter. Though it's been profitable for more than a year, the company had relied on selling renewable energy credits and one-time asset sales (e.g., <b>Bitcoin</b>) to generate a profit. If Tesla is ever going to hit $1,591 a share, its EV sales, not one-time benefits, will have to do the talking.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F640299%2Fmarijuana-cannabis-oil-pot-weed-leaf-drug-medical-getty.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"568\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>Green Thumb Industries: Implied upside of 116%</h2>\n<p>Wall Street also sees U.S. marijuana stocks budding over the coming year. In particular, one Wall Street analyst believes multistate operator (MSO) <b>Green Thumb Industries</b> (OTC:GTBIF) can rally to north of $61 a share, which would equate to 116% implied upside.</p>\n<p>The great thing for U.S. MSOs is that they don't need federal reform to thrive. We've watched 36 states legalize cannabis in some capacity, which is providing more than enough of a growth opportunity for MSOs and ancillary players to succeed. By mid-decade, <a href=\"https://laohu8.com/S/NFC.U\">New Frontier</a> Data is predicting that the U.S. weed industry could bring in $41.5 billion in annual sales.</p>\n<p>Green Thumb currently has 62 operating dispensaries, with 111 total retail licenses in its back pocket and a presence in 14 states. This is a company that's been picky about its expansion and has generally focused on either high-dollar states or markets protected by limited license issuance. In Illinois, for instance, the number of retail licenses issued, in total and to a single business, is capped. This should give Green Thumb a good opportunity to gobble up market share in a billion-dollar market.</p>\n<p>But the best aspect of Green Thumb is arguably its product mix. A majority of the company's sales come from derivatives, such as vapes, edibles, and infused beverages. Since derivatives generate higher margins than dried cannabis flower and are less likely to face supply issues, they're the reason Green Thumb has been profitable on a recurring basis for the past year. In other words, Wall Street's most aggressive price target may become a reality.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/69c8d46ab082fe9b933b958f3354a003\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>Skillz: Implied upside of 138%</h2>\n<p>Another high-growth stock at least one Wall Street analyst believes could soar is mobile gaming platform <b>Skillz</b> (NYSE:SKLZ). With a high-water price target of $25, the implication is that Skillz could return up to 138% for its shareholders over the next year.</p>\n<p>To be upfront, Skillz has performed very poorly of late. It's lost more than three-quarters of its value since early February, which is a reflection of the company's operating losses expanding. Skillz has been increasing its headcount, marketing to expand its reach, and making acquisitions. This all points to ongoing operating losses for the foreseeable future.</p>\n<p>However, there's no denying the potential for this company, either. During the first quarter, approximately 17% of its monthly active users were paying to play on its platform, which is substantially higher than the industry conversion average of around 2%. Furthermore, with Skillz acting as a middleman platform for gamers, its ongoing operating expenses (aside from marketing) are quite low. As a result, it's been consistently generating a gross margin of 95%.</p>\n<p>Probably the most exciting thing for Skillz is the multiyear agreement it signed with the National Football League (NFL) in February. Football is the most popular sport in the United States. The expectation is that NFL-themed games will hit its platform in 2022, which could bring in a number of new users and partnerships.</p>\n<p>While I do believe a $25 price target is possible, investors will need to exercise patience as Skillz focuses on expanding its brand.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F640299%2Fbiotech-lab-researcher-examining-test-tube-getty.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>Exelixis: Implied upside of 247%</h2>\n<p>But the crème de la crème of potential upside comes from biotech stock <b>Exelixis</b> (NASDAQ:EXEL). With investment firm HC Wainwright recently anointing Exelixis with a $64 price target, the implied upside for shareholders is an insane 247%, based on where it closed last week. In fact, Exelixis' share price is currently below all 13 issued Wall Street price targets.</p>\n<p>If you're looking for a reason behind Exelixis' relative \"cheapness\" to Wall Street's price targets, the company's late-June interim data release from the Cosmic-312 study holds the answer. While the ongoing phase 3 study of Exelixis' leading cancer drug, Cabometyx, in combination with atezolizumab demonstrated a statistically significant improvement in progression-free survival for previously untreated liver cancer patients, the data looked unlikely to produce a statistically significant survival benefit.</p>\n<p>Although this might sound like a disappointment, it's par for the course when developing cancer drugs. Thus far, Cabometyx has been approved as a treatment for first- and second-line renal cell carcinoma (RCC) and advanced hepatocellular carcinoma. These indications alone should push its annual sales past $1 billion in 2022.</p>\n<p>However, Cabometyx is being examined in around six dozen additional studies as a monotherapy or combination treatment. If even a handful of these trials succeed, label expansion opportunities could send Exelixis markedly higher. It's worth pointing out that one of these studies, CheckMate-9ER, already led the Food and Drug Administration to approve the combination of Cabometyx and <b>Bristol Myers Squibb</b>'s cancer immunotherapy Opdivo as a treatment for first-line RCC.</p>\n<p>With a hearty cash pile and plenty of long-term momentum for Cabometyx, Exelixis looks incredibly cheap. I'm not certain that $64 is in the cards, but higher than where it currently sits is the direction it's likely headed.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>4 Growth Stocks With 116% to 247% Upside, According to Wall Street</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n4 Growth Stocks With 116% to 247% Upside, According to Wall Street\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-26 21:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/26/4-growth-stocks-with-116-to-247-upside-wall-street/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Patience has paid off handsomely for investors in 2021. It's been over nine months since the benchmark S&P 500 underwent even a 5% correction. Panning out a bit further, the widely followed index has ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/26/4-growth-stocks-with-116-to-247-upside-wall-street/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SKLZ":"Skillz Inc","GTBIF":"Green Thumb Industries Inc.","TSLA":"特斯拉","EXEL":"伊克力西斯"},"source_url":"https://www.fool.com/investing/2021/08/26/4-growth-stocks-with-116-to-247-upside-wall-street/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2162931260","content_text":"Patience has paid off handsomely for investors in 2021. It's been over nine months since the benchmark S&P 500 underwent even a 5% correction. Panning out a bit further, the widely followed index has doubled since hitting its bear-market low on March 23, 2020.\nYet, even with the stock market mowing down record highs on a regular basis this year, Wall Street still sees value in a number of growth stocks. Based on the highest price target issued by a Wall Street analyst or investment bank, the following four growth stocks could deliver gains ranging from 116% to as much as 247%.\nImage source: Getty Images.\nTesla Motors: Implied upside of 134%\nFew stocks are as polarizing on Wall Street, from the perspective of price targets, than electric vehicle (EV) company Tesla Motors (NASDAQ:TSLA). Whereas one analyst foresees approximately 90% downside in shares of the company, another believes Tesla could \"motor\" its way to $1,591 a share. This would represent 134% upside from where the company ended this past week.\nOn one hand, Tesla has clear-cut advantages that are driving it forward. For instance, its battery technology offers more capacity, range, and power than competing EV manufacturers. Tesla has also built itself from the ground up to mass production. Based on its second-quarter deliveries of 201,250, the company looks to be on its way to topping 1 million annual deliveries by as soon as next year.  Finally, don't overlook that Tesla has visionary Elon Musk as its CEO.\nOn the other hand, it's unlikely that Tesla will be able to hang onto its competitive edges over the long run, with auto stocks like Ford Motor Company and General Motors respectively investing $30 billion and $35 billion through mid-decade in EVs and related technology. Both companies plan to respectively launch 30 new EVs globally by 2025.\nPerhaps the biggest concern is that Tesla hadn't generated a true operating profit until the latest quarter. Though it's been profitable for more than a year, the company had relied on selling renewable energy credits and one-time asset sales (e.g., Bitcoin) to generate a profit. If Tesla is ever going to hit $1,591 a share, its EV sales, not one-time benefits, will have to do the talking.\nImage source: Getty Images.\nGreen Thumb Industries: Implied upside of 116%\nWall Street also sees U.S. marijuana stocks budding over the coming year. In particular, one Wall Street analyst believes multistate operator (MSO) Green Thumb Industries (OTC:GTBIF) can rally to north of $61 a share, which would equate to 116% implied upside.\nThe great thing for U.S. MSOs is that they don't need federal reform to thrive. We've watched 36 states legalize cannabis in some capacity, which is providing more than enough of a growth opportunity for MSOs and ancillary players to succeed. By mid-decade, New Frontier Data is predicting that the U.S. weed industry could bring in $41.5 billion in annual sales.\nGreen Thumb currently has 62 operating dispensaries, with 111 total retail licenses in its back pocket and a presence in 14 states. This is a company that's been picky about its expansion and has generally focused on either high-dollar states or markets protected by limited license issuance. In Illinois, for instance, the number of retail licenses issued, in total and to a single business, is capped. This should give Green Thumb a good opportunity to gobble up market share in a billion-dollar market.\nBut the best aspect of Green Thumb is arguably its product mix. A majority of the company's sales come from derivatives, such as vapes, edibles, and infused beverages. Since derivatives generate higher margins than dried cannabis flower and are less likely to face supply issues, they're the reason Green Thumb has been profitable on a recurring basis for the past year. In other words, Wall Street's most aggressive price target may become a reality.\nImage source: Getty Images.\nSkillz: Implied upside of 138%\nAnother high-growth stock at least one Wall Street analyst believes could soar is mobile gaming platform Skillz (NYSE:SKLZ). With a high-water price target of $25, the implication is that Skillz could return up to 138% for its shareholders over the next year.\nTo be upfront, Skillz has performed very poorly of late. It's lost more than three-quarters of its value since early February, which is a reflection of the company's operating losses expanding. Skillz has been increasing its headcount, marketing to expand its reach, and making acquisitions. This all points to ongoing operating losses for the foreseeable future.\nHowever, there's no denying the potential for this company, either. During the first quarter, approximately 17% of its monthly active users were paying to play on its platform, which is substantially higher than the industry conversion average of around 2%. Furthermore, with Skillz acting as a middleman platform for gamers, its ongoing operating expenses (aside from marketing) are quite low. As a result, it's been consistently generating a gross margin of 95%.\nProbably the most exciting thing for Skillz is the multiyear agreement it signed with the National Football League (NFL) in February. Football is the most popular sport in the United States. The expectation is that NFL-themed games will hit its platform in 2022, which could bring in a number of new users and partnerships.\nWhile I do believe a $25 price target is possible, investors will need to exercise patience as Skillz focuses on expanding its brand.\nImage source: Getty Images.\nExelixis: Implied upside of 247%\nBut the crème de la crème of potential upside comes from biotech stock Exelixis (NASDAQ:EXEL). With investment firm HC Wainwright recently anointing Exelixis with a $64 price target, the implied upside for shareholders is an insane 247%, based on where it closed last week. In fact, Exelixis' share price is currently below all 13 issued Wall Street price targets.\nIf you're looking for a reason behind Exelixis' relative \"cheapness\" to Wall Street's price targets, the company's late-June interim data release from the Cosmic-312 study holds the answer. While the ongoing phase 3 study of Exelixis' leading cancer drug, Cabometyx, in combination with atezolizumab demonstrated a statistically significant improvement in progression-free survival for previously untreated liver cancer patients, the data looked unlikely to produce a statistically significant survival benefit.\nAlthough this might sound like a disappointment, it's par for the course when developing cancer drugs. Thus far, Cabometyx has been approved as a treatment for first- and second-line renal cell carcinoma (RCC) and advanced hepatocellular carcinoma. These indications alone should push its annual sales past $1 billion in 2022.\nHowever, Cabometyx is being examined in around six dozen additional studies as a monotherapy or combination treatment. If even a handful of these trials succeed, label expansion opportunities could send Exelixis markedly higher. It's worth pointing out that one of these studies, CheckMate-9ER, already led the Food and Drug Administration to approve the combination of Cabometyx and Bristol Myers Squibb's cancer immunotherapy Opdivo as a treatment for first-line RCC.\nWith a hearty cash pile and plenty of long-term momentum for Cabometyx, Exelixis looks incredibly cheap. I'm not certain that $64 is in the cards, but higher than where it currently sits is the direction it's likely headed.","news_type":1},"isVote":1,"tweetType":1,"viewCount":594,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372448815,"gmtCreate":1619237352537,"gmtModify":1704721696033,"author":{"id":"3578294070796563","authorId":"3578294070796563","name":"JPKS","avatar":"https://static.tigerbbs.com/6413e1760b9d15bff94ffb34fdc6026f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578294070796563","authorIdStr":"3578294070796563"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372448815","repostId":"1179843002","repostType":4,"repost":{"id":"1179843002","pubTimestamp":1619190162,"share":"https://ttm.financial/m/news/1179843002?lang=&edition=fundamental","pubTime":"2021-04-23 23:02","market":"fut","language":"en","title":"‘Black Swan’ author calls bitcoin a ‘gimmick’ and a ‘game,’ says it resembles a Ponzi scheme","url":"https://stock-news.laohu8.com/highlight/detail?id=1179843002","media":"CNBC","summary":"KEY POINTS\n\n“Black Swan” author Nassim Taleb ripped bitcoin as a “gimmick” that’s too volatile to be","content":"<div>\n<p>KEY POINTS\n\n“Black Swan” author Nassim Taleb ripped bitcoin as a “gimmick” that’s too volatile to be a currency and an unsafe hedge against inflation.\n“Basically, there’s no connection between ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/23/bitcoin-a-gimmick-and-resembles-a-ponzi-scheme-black-swan-author-.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Black Swan’ author calls bitcoin a ‘gimmick’ and a ‘game,’ says it resembles a Ponzi scheme\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-23 23:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/23/bitcoin-a-gimmick-and-resembles-a-ponzi-scheme-black-swan-author-.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\n“Black Swan” author Nassim Taleb ripped bitcoin as a “gimmick” that’s too volatile to be a currency and an unsafe hedge against inflation.\n“Basically, there’s no connection between ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/23/bitcoin-a-gimmick-and-resembles-a-ponzi-scheme-black-swan-author-.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal","SQ":"Block","TSLA":"特斯拉","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.cnbc.com/2021/04/23/bitcoin-a-gimmick-and-resembles-a-ponzi-scheme-black-swan-author-.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1179843002","content_text":"KEY POINTS\n\n“Black Swan” author Nassim Taleb ripped bitcoin as a “gimmick” that’s too volatile to be a currency and an unsafe hedge against inflation.\n“Basically, there’s no connection between inflation and bitcoin,” the former derivatives trader and current hedge fund advisor told CNBC on Friday.\nTaleb had once believed bitcoin was a promising new currency, because it was not controlled by a government. But he has since changed his mind.\n\n“Black Swan” author Nassim Taleb on Friday criticized bitcoin as a “gimmick,” telling CNBC he believes it’s too volatile to be an effective currency and it’s not a safe hedge against inflation.\n“Basically, there’s no connection between inflation and bitcoin. None. I mean, you can have hyperinflation and bitcoin going to zero. There’s no link between them,” Taleb said in a “Squawk Box” interview.\n“It’s a beautifully set up cryptographic system. It’s well made but there’s absolutely no reason it should be linked to anything economic,” added Taleb, whose bestselling 2007 book examined highly improbable events and their potential to cause severe consequences. He said bitcoin has characteristics of what he calls a Ponzi scheme that’s right out in the open.\nA Ponzi scheme is a type of fraud whereby crooks steal money from investors and mask the theft by funneling returns to clients from funds contributed by newer investors.\nTaleb had once held favorable views toward bitcoin, which was created in 2009 and is the world’s largest cryptocurrency by market value. However, he told CNBC he was “fooled by it initially” because he thought it could develop into a currency used in transactions.\n“Something that moves 5% a day, 20% in a month — up or down — cannot be a currency. It’s something else,” said Taleb, a former derivatives trader who serves as scientific advisor to hedge fund Universa Investments.\n“I bought into it ... not willing to have capital appreciation, so much as wanting to have an alternative to the fiat currency issued by central banks: A currency without a government,” Taleb said. “I realized it was not a currency without a government. It was just pure speculation. It’s just like a game ... I mean, you can create another game and call it a currency.”\nWhile some businesses do accept bitcoin as payment for goods and services, including electric vehicle maker Tesla, there are those in the crypto community who think it’s actually an asset and store of value. Bitcoin, which has its supply capped at 21 million tokens, has been described as “digital gold.”\n“It’s easily transportable and can be sent anywhere in the world if you have a smartphone so it’s a much better version, as a store of value, than gold,” famed value investor Bill Miller told CNBC earlier this week.\n“With bitcoin, volatility is the price you pay for performance,” added Miller, who has also previously contended bitcoin grows less risky as adoption and its price increases.\nIndeed, the price of bitcoin has soared higher in recent months — rising from under $11,000 per unit as recently as October to an all-time high of nearly $65,000 last week. Increased institutional adoption has been cited as one factor in its climb.\nIn keeping with its propensity for wild price swings, bitcoin has tumbled in the days since, ultimately breaking below $50,000 per token earlier Friday, a 23% drop in a little more than a week. However, the price has still risen more than 70% year to date,according to Coindesk.\nBitcoin has received long-term price targets between $400,000 and $600,000 per token from some people in the investment community, including Guggenheim Partners’Scott Minerd; others have projected even higher than that.\nTaleb suggested bitcoin’s price is not what informs his now-critical view, saying “bitcoin could go to $1 million” and it wouldn’t change his argument. “These gimmicks, you have bitcoin today. You may have another one tomorrow. They come and go, and there’s no systematic link between them and the claims they make,” he added.\nInvestors who are worried about inflation would be better off purchasing property than investing in bitcoin, Taleb said. “If you want to hedge against inflation, buy a piece of land. Grow, I don’t know, olives on it. You’ll have olive oil. If the price collapses, you’ll have something.”\n“But bitcoin, there’s no connection and, of course, the best strategy for investors is to own things that produce yields in the future. In other words, you can fall back on real dollars coming out of the company,” he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":243,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}