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2021-04-23

What goes up will come down again.

Wall Street rebounds after two-day decline; Netflix slides

2021-04-23

Automation is the next big thing.

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

2021-04-23

Wow, I will definitely invest to become rich.

5 Stocks That Can Turn $100,000 Into $400,000 This Decade

2021-04-23

Tax the rich to help the poor.

Biden to float historic tax increase on investment gains for the rich

2021-04-23

Wow, the price of Bitcoin is still very high, you must be very rich to invest in it.

Why crypto stocks tumbled in premarket trading

2021-04-20

I would definitely go for Apple.

Better Buy: Apple vs. IBM

2021-04-20

The Dow is already very high.

Dow falls 100 points for a second day of losses as investors shrug off strong earnings

Go to Tiger App to see more news

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The maker of robotic surgical systems vied with Microsoft Corp    and Tesla Inc    for much of the session as the biggest contributor to the S&amp;P 500's    upside.</p><p>Nine of the 11 S&amp;P 500 sectors rose, with communication services   , led by Netflix, and the defensive utilities&nbsp;sectors falling.</p><p>Economically sensitive value stocks    rose at about double the gain in growth    as measured by the Russell 1000 indexes.</p><p>\"You take Netflix out of today's equation, it's simply a broad-based rally,\" said JJ Kinahan, chief market strategist at TD Ameritrade, adding technology shares still had room to run.</p><p>The VIX, CBOE's market volatility index, slid below 18, suggesting the market in days to come could be range-bound while also shrugging off a rebound in COVID infections, he said.</p><p>Analysts expect S&amp;P 500 companies to post first-quarter earnings growth of 30.9% from a year earlier, Refinitiv IBES data shows.</p><p>Netflix's results dashed expectations but technology remains a major market focus.</p><p>\"Investors feel more confident of the earnings growth prospects for technology,\" said Sam Stovall, chief investment strategist at CFRA Research in New York. \"They would rather gravitate toward the sure thing, which right now is tech stocks.\"</p><p>Unofficially, the Dow Jones Industrial Average    rose 0.94% to 34,139.02, the S&amp;P 500    gained 0.93% to 4,173.46 and the Nasdaq Composite    added 1.19% to 13,950.22.</p><p>Verizon Communications Inc    slid after it lost more wireless subscribers than expected in the first quarter. Shares of <a href=\"https://laohu8.com/S/TMUS\">T-Mobile US Inc</a>    and AT&amp;T Inc    rose.</p><p>U.S. railroad operator CSX Corp    fell after it missed estimates for first-quarter profit, hurt by frigid polar vortex temperatures, ongoing pandemic disruptions and higher fuel costs.</p><p>(Reporting by Herbert Lash, additional reporting by Shreyashi Sanyal and Devik Jain in Bengaluru; Editing by Anil D'Silva, Sriraj Kalluvila and Arun Koyyur and Richard Chang)</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>Wall Street rebounds after two-day decline; Netflix slides</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\">\nWall Street rebounds after two-day decline; Netflix slides\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\">2021-04-22 04:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul><li>Nasdaq index outshines S&amp;P 500 at close</li><li>Netflix falls as subscriber growth slows</li><li>Verizon shares fall after Q1 results</li></ul><p>NEW YORK/BANGALORE, April 21 (Reuters) - Wall Street rallied on Wednesday, rebounding from a two-day decline, as a tilt toward stocks poised to benefit from a recovering economy offset Netflix Inc's    sell-off after its disappointing results.</p><p>Shares of Netflix slumped a day after the world's largest streaming service said slower production of TV shows and movies during the pandemic hurt subscriber growth in the first quarter.</p><p>But stocks rallied throughout the day, building steam as the tech-heavy Nasdaq overtook the S&amp;P 500 in percentage gain shortly before the close.</p><p>Intuitive Surgical Inc    surged to an all-time high as its results trounced estimates. The maker of robotic surgical systems vied with Microsoft Corp    and Tesla Inc    for much of the session as the biggest contributor to the S&amp;P 500's    upside.</p><p>Nine of the 11 S&amp;P 500 sectors rose, with communication services   , led by Netflix, and the defensive utilities&nbsp;sectors falling.</p><p>Economically sensitive value stocks    rose at about double the gain in growth    as measured by the Russell 1000 indexes.</p><p>\"You take Netflix out of today's equation, it's simply a broad-based rally,\" said JJ Kinahan, chief market strategist at TD Ameritrade, adding technology shares still had room to run.</p><p>The VIX, CBOE's market volatility index, slid below 18, suggesting the market in days to come could be range-bound while also shrugging off a rebound in COVID infections, he said.</p><p>Analysts expect S&amp;P 500 companies to post first-quarter earnings growth of 30.9% from a year earlier, Refinitiv IBES data shows.</p><p>Netflix's results dashed expectations but technology remains a major market focus.</p><p>\"Investors feel more confident of the earnings growth prospects for technology,\" said Sam Stovall, chief investment strategist at CFRA Research in New York. \"They would rather gravitate toward the sure thing, which right now is tech stocks.\"</p><p>Unofficially, the Dow Jones Industrial Average    rose 0.94% to 34,139.02, the S&amp;P 500    gained 0.93% to 4,173.46 and the Nasdaq Composite    added 1.19% to 13,950.22.</p><p>Verizon Communications Inc    slid after it lost more wireless subscribers than expected in the first quarter. Shares of <a href=\"https://laohu8.com/S/TMUS\">T-Mobile US Inc</a>    and AT&amp;T Inc    rose.</p><p>U.S. railroad operator CSX Corp    fell after it missed estimates for first-quarter profit, hurt by frigid polar vortex temperatures, ongoing pandemic disruptions and higher fuel costs.</p><p>(Reporting by Herbert Lash, additional reporting by Shreyashi Sanyal and Devik Jain in Bengaluru; Editing by Anil D'Silva, Sriraj Kalluvila and Arun Koyyur and Richard Chang)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TMUS":"T-Mobile US Inc","CSX":"CSX运输",".SPX":"S&P 500 Index","NFLX":"奈飞","TSLA":"特斯拉","ISRG":"直觉外科公司","VZ":"威瑞森","MSFT":"微软",".DJI":"道琼斯","QNETCN":"纳斯达克中美互联网老虎指数","T":"美国电话电报",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129803357","content_text":"Nasdaq index outshines S&P 500 at closeNetflix falls as subscriber growth slowsVerizon shares fall after Q1 resultsNEW YORK/BANGALORE, April 21 (Reuters) - Wall Street rallied on Wednesday, rebounding from a two-day decline, as a tilt toward stocks poised to benefit from a recovering economy offset Netflix Inc's    sell-off after its disappointing results.Shares of Netflix slumped a day after the world's largest streaming service said slower production of TV shows and movies during the pandemic hurt subscriber growth in the first quarter.But stocks rallied throughout the day, building steam as the tech-heavy Nasdaq overtook the S&P 500 in percentage gain shortly before the close.Intuitive Surgical Inc    surged to an all-time high as its results trounced estimates. The maker of robotic surgical systems vied with Microsoft Corp    and Tesla Inc    for much of the session as the biggest contributor to the S&P 500's    upside.Nine of the 11 S&P 500 sectors rose, with communication services   , led by Netflix, and the defensive utilities sectors falling.Economically sensitive value stocks    rose at about double the gain in growth    as measured by the Russell 1000 indexes.\"You take Netflix out of today's equation, it's simply a broad-based rally,\" said JJ Kinahan, chief market strategist at TD Ameritrade, adding technology shares still had room to run.The VIX, CBOE's market volatility index, slid below 18, suggesting the market in days to come could be range-bound while also shrugging off a rebound in COVID infections, he said.Analysts expect S&P 500 companies to post first-quarter earnings growth of 30.9% from a year earlier, Refinitiv IBES data shows.Netflix's results dashed expectations but technology remains a major market focus.\"Investors feel more confident of the earnings growth prospects for technology,\" said Sam Stovall, chief investment strategist at CFRA Research in New York. \"They would rather gravitate toward the sure thing, which right now is tech stocks.\"Unofficially, the Dow Jones Industrial Average    rose 0.94% to 34,139.02, the S&P 500    gained 0.93% to 4,173.46 and the Nasdaq Composite    added 1.19% to 13,950.22.Verizon Communications Inc    slid after it lost more wireless subscribers than expected in the first quarter. Shares of T-Mobile US Inc    and AT&T Inc    rose.U.S. railroad operator CSX Corp    fell after it missed estimates for first-quarter profit, hurt by frigid polar vortex temperatures, ongoing pandemic disruptions and higher fuel costs.(Reporting by Herbert Lash, additional reporting by Shreyashi Sanyal and Devik Jain in Bengaluru; Editing by Anil D'Silva, Sriraj Kalluvila and Arun Koyyur and Richard Chang)","news_type":1},"isVote":1,"tweetType":1,"viewCount":329,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372938668,"gmtCreate":1619166653554,"gmtModify":1704720660220,"author":{"id":"3578344989334608","authorId":"3578344989334608","name":"Gecko88","avatar":"https://static.tigerbbs.com/5fec19cd9bef89bfc35988f09b32324a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578344989334608","authorIdStr":"3578344989334608"},"themes":[],"htmlText":"Automation is the next big thing.&nbsp;","listText":"Automation is the next big thing.&nbsp;","text":"Automation is the next big thing.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372938668","repostId":"2129829074","repostType":4,"repost":{"id":"2129829074","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":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":{"CRCT":"Cricut, Inc.","TERN":"Terns Pharmaceuticals, 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":511,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372931166,"gmtCreate":1619166502455,"gmtModify":1704720658442,"author":{"id":"3578344989334608","authorId":"3578344989334608","name":"Gecko88","avatar":"https://static.tigerbbs.com/5fec19cd9bef89bfc35988f09b32324a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578344989334608","authorIdStr":"3578344989334608"},"themes":[],"htmlText":"Wow, I will definitely invest to become rich.&nbsp;","listText":"Wow, I will definitely invest to become rich.&nbsp;","text":"Wow, I will definitely invest to become rich.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372931166","repostId":"2129938659","repostType":4,"repost":{"id":"2129938659","kind":"highlight","pubTimestamp":1619086705,"share":"https://ttm.financial/m/news/2129938659?lang=&edition=fundamental","pubTime":"2021-04-22 18:18","market":"us","language":"en","title":"5 Stocks That Can Turn $100,000 Into $400,000 This Decade","url":"https://stock-news.laohu8.com/highlight/detail?id=2129938659","media":"Motley Fool","summary":"These game-changing businesses can make investors rich.","content":"<p>The stock market provides a pathway for tens of millions of Americans to work their way toward financial freedom. Although big gains don't happen overnight, patience pays off when it comes to investing in great businesses.</p>\n<p>For example, the broad-based <b>S&amp;P 500</b>, which is home to 500 of the largest multinational companies by market cap, has generated an annual average total return, including dividends, of more than 10% for the past four decades. People who chose to reinvest their dividends could double their initial investment in an S&amp;P 500 tracking index in about seven years.</p>\n<p>There's zero shame in pacing the market and building wealth. But there are also plenty of companies worth buying that can handily outpace the S&amp;P 500 over the longer term. If you were to invest $100,000 into these five stocks right now, it's my belief you'll have $400,000 or more by the end of the decade.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/143422e972067a40e53697240fb597a4\" tg-width=\"700\" tg-height=\"491\"><span>Image source: Getty Images.</span></p>\n<h2><a href=\"https://laohu8.com/S/CRM\">Salesforce</a>.com</h2>\n<p>First up is cloud-based customer relationship management (CRM) software provider <b>salesforce.com </b>(NYSE:CRM). CRM software is used by consumer-facing businesses to log customer info, resolve service and product issues, manage marketing campaigns, and provide predictive sales analyses for existing customers, among other things.</p>\n<p>CRM software is an annual double-digit growth opportunity throughout the decade, and salesforce is the lion that sits atop this growth trend. In the first half of 2020, salesforce controlled 19.8% of all global CRM revenue, according to IDC. Comparatively, the next four companies behind it in global share don't add up to 19.8%.</p>\n<p>Salesforce is also in the midst of acquiring enterprise communications platform <b><a href=\"https://laohu8.com/S/WORK\">Slack Technologies</a></b>&nbsp;for $27.7 billion in a cash and stock deal. If completed, this purchase will allow salesforce to use Slack's platform to cross-sell its CRM solutions, as well as reach smaller (but often fast-growing) businesses.</p>\n<p>With CEO Marc Benioff setting a target of $50 billion in sales five years from now after reporting $21.25 billion in revenue in fiscal 2021, salesforce projects as <a href=\"https://laohu8.com/S/AONE\">one</a> of the decade's fastest-growing megacap stocks.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9e30b444a3e55d3f01be10032d32e251\" tg-width=\"700\" tg-height=\"452\"><span>Image source: Getty Images.</span></p>\n<h2>Cresco Labs</h2>\n<p>It's no secret that marijuana stocks have the potential to be <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the decade's top-performing industries. U.S. cannabis multistate operator (MSO) <b>Cresco Labs</b> (OTC:CRLBF) has all the tools necessary to deliver a 300% or greater gain for investors by 2030.</p>\n<p>Like other MSOs, Cresco has a burgeoning retail segment. It has 24 operational stores at the moment, with an additional five retail licenses in its back pocket. However, it has two pending acquisitions that'll bolster the total number of retail stores it can eventually open to closer to four dozen.</p>\n<p>What's interesting about Cresco's retail presence is that it's chosen a number of states where license issuance is limited. It's maxed out its retail footprint in Illinois and Ohio with 10 and five stores, respectively. By choosing states where license issuance is limited, Cresco is assuring itself a healthy share of cannabis revenue.</p>\n<p>However, the real allure of Cresco is its wholesale operations. As one of only a handful of companies with a cannabis distribution license in California, it's able to place its proprietary and third-party products into more than 575 dispensaries throughout the state. Despite wholesale margins being lower than retail, Cresco has the volume to make a fortune off of wholesale.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/86dde557e543a4e82531f33e33412739\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Pinterest.</span></p>\n<h2>Pinterest</h2>\n<p>Social media up-and-comer <b>Pinterest</b> (NYSE:PINS) is another company that can turn $100,000 into $400,000 this decade.</p>\n<p>Pinterest was a clear beneficiary of the coronavirus pandemic. With people stuck in their homes, they turned to social media for engagement. For Pinterest, this resulted in 124 million net new monthly active users (MAU), representing a 37% increase. Understand, though, that Pinterest's MAUs grew by an average of 30% annually in the three years preceding the pandemic.</p>\n<p>What makes Pinterest such a growth powerhouse is its allure outside the United States. On one hand, the average revenue it generates per user is a lot lower outside the U.S. Then again, this also gives the company the opportunity to double its average revenue per international user many times over this decade.</p>\n<p>Additionally, few if any social media platforms provide a more targeted audience to advertisers than Pinterest. This is a platform where users willingly post about the things, services, and places that interest them. This makes all Pinners potentially motivated shoppers for merchants that specialize in their desires.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bcd0950de1778cd86374141ec560b237\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>Northern Star Acquisition</h2>\n<p>Even though special purpose acquisition companies (SPAC) have been clobbered of late, the opportunity is simply too great to pass up with <b>Northern Star Acquisition</b> (NYSE:STIC). The SPAC is in the process of merging with dog-focused products and services company BarkBox, which should close sometime this quarter.</p>\n<p>Companion-animal spending might take a back seat to fast-growing trends like cannabis and social media, but it's about as surefire as it gets. It's been over a quarter of a century since spending on companion pets declined on a year-over-year basis. Time and again, pet owners have shown their willingness to spend freely to keep their four-legged friends happy and healthy. That's where BarkBox comes in.</p>\n<p>BarkBox is a technology-driven dog-focused company that's amassed 1.1 million subscribers, and its gross margins are north of 60%. It's recently been registering its highest monthly \"product retention\" rate since inception and has forecast a near doubling in sales between 2021 and 2023 to more than $700 million. In short, it's one of the fastest-growing pet stocks, yet is valued at one of the lowest sales multiples.</p>\n<p>BarkBox is also using innovation to drive sales growth. The introduction of Bark Home, which offers essentials like collars and dog beds, and Bark Eats, which provides a personalized dry-food diet to dog owners, can boost ticket size and bring in new customers.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0d49d28d45274d25f79f1ae0006a6294\" tg-width=\"700\" tg-height=\"520\"><span>Image source: Square.</span></p>\n<h2>Square</h2>\n<p>Last but certainly not least, fintech stock <b>Square</b> (NYSE:SQ) has all the tools necessary to shake things up in the financial services space and become an absolute giant. A 300% gain to $400,000 from $100,000 is probably undercutting its potential this decade.</p>\n<p>For nearly a decade, Square has been generating big bucks from its seller ecosystem. This segment, which provides point-of-sale devices and analytics to small businesses, has seen gross payment volume (GPV) surge from $6.2 billion in 2012 to $112.3 billion in 2020. Not counting the pandemic year, Square's seller ecosystem has grown GPV by an annual average of 49% since 2012.</p>\n<p>Equally exciting is the fact that Square's seller ecosystem has begun appealing to larger businesses. Whereas 24% of all GPV originated from merchants with at least $500,000 in annualized GPV in the fourth quarter of 2018, 30% of GPV in Q4 2020 came from merchants with annualized GPV over $500,000. Since this is a payment-driven segment, having bigger businesses using its platform can only pump up gross profit.</p>\n<p>However, the most exciting growth driver is peer-to-peer payment platform Cash App. In three years, Cash App's user base has more than quintupled to 36 million. Further, the company is bringing in $41 in gross profit per user and spending less than $5 to acquire each new user. With <b>Bitcoin</b>&nbsp;trading and investing exploding on Cash App in 2020, it has all the look of a game-changing platform for young investors.</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>5 Stocks That Can Turn $100,000 Into $400,000 This Decade</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Stocks That Can Turn $100,000 Into $400,000 This Decade\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 18:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/22/5-stocks-can-turn-100000-into-400000-this-decade/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The stock market provides a pathway for tens of millions of Americans to work their way toward financial freedom. Although big gains don't happen overnight, patience pays off when it comes to ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/22/5-stocks-can-turn-100000-into-400000-this-decade/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block","CRLBF":"Cresco Labs Inc.","CRM":"赛富时","PINS":"Pinterest, Inc."},"source_url":"https://www.fool.com/investing/2021/04/22/5-stocks-can-turn-100000-into-400000-this-decade/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129938659","content_text":"The stock market provides a pathway for tens of millions of Americans to work their way toward financial freedom. Although big gains don't happen overnight, patience pays off when it comes to investing in great businesses.\nFor example, the broad-based S&P 500, which is home to 500 of the largest multinational companies by market cap, has generated an annual average total return, including dividends, of more than 10% for the past four decades. People who chose to reinvest their dividends could double their initial investment in an S&P 500 tracking index in about seven years.\nThere's zero shame in pacing the market and building wealth. But there are also plenty of companies worth buying that can handily outpace the S&P 500 over the longer term. If you were to invest $100,000 into these five stocks right now, it's my belief you'll have $400,000 or more by the end of the decade.\nImage source: Getty Images.\nSalesforce.com\nFirst up is cloud-based customer relationship management (CRM) software provider salesforce.com (NYSE:CRM). CRM software is used by consumer-facing businesses to log customer info, resolve service and product issues, manage marketing campaigns, and provide predictive sales analyses for existing customers, among other things.\nCRM software is an annual double-digit growth opportunity throughout the decade, and salesforce is the lion that sits atop this growth trend. In the first half of 2020, salesforce controlled 19.8% of all global CRM revenue, according to IDC. Comparatively, the next four companies behind it in global share don't add up to 19.8%.\nSalesforce is also in the midst of acquiring enterprise communications platform Slack Technologies for $27.7 billion in a cash and stock deal. If completed, this purchase will allow salesforce to use Slack's platform to cross-sell its CRM solutions, as well as reach smaller (but often fast-growing) businesses.\nWith CEO Marc Benioff setting a target of $50 billion in sales five years from now after reporting $21.25 billion in revenue in fiscal 2021, salesforce projects as one of the decade's fastest-growing megacap stocks.\nImage source: Getty Images.\nCresco Labs\nIt's no secret that marijuana stocks have the potential to be one of the decade's top-performing industries. U.S. cannabis multistate operator (MSO) Cresco Labs (OTC:CRLBF) has all the tools necessary to deliver a 300% or greater gain for investors by 2030.\nLike other MSOs, Cresco has a burgeoning retail segment. It has 24 operational stores at the moment, with an additional five retail licenses in its back pocket. However, it has two pending acquisitions that'll bolster the total number of retail stores it can eventually open to closer to four dozen.\nWhat's interesting about Cresco's retail presence is that it's chosen a number of states where license issuance is limited. It's maxed out its retail footprint in Illinois and Ohio with 10 and five stores, respectively. By choosing states where license issuance is limited, Cresco is assuring itself a healthy share of cannabis revenue.\nHowever, the real allure of Cresco is its wholesale operations. As one of only a handful of companies with a cannabis distribution license in California, it's able to place its proprietary and third-party products into more than 575 dispensaries throughout the state. Despite wholesale margins being lower than retail, Cresco has the volume to make a fortune off of wholesale.\nImage source: Pinterest.\nPinterest\nSocial media up-and-comer Pinterest (NYSE:PINS) is another company that can turn $100,000 into $400,000 this decade.\nPinterest was a clear beneficiary of the coronavirus pandemic. With people stuck in their homes, they turned to social media for engagement. For Pinterest, this resulted in 124 million net new monthly active users (MAU), representing a 37% increase. Understand, though, that Pinterest's MAUs grew by an average of 30% annually in the three years preceding the pandemic.\nWhat makes Pinterest such a growth powerhouse is its allure outside the United States. On one hand, the average revenue it generates per user is a lot lower outside the U.S. Then again, this also gives the company the opportunity to double its average revenue per international user many times over this decade.\nAdditionally, few if any social media platforms provide a more targeted audience to advertisers than Pinterest. This is a platform where users willingly post about the things, services, and places that interest them. This makes all Pinners potentially motivated shoppers for merchants that specialize in their desires.\nImage source: Getty Images.\nNorthern Star Acquisition\nEven though special purpose acquisition companies (SPAC) have been clobbered of late, the opportunity is simply too great to pass up with Northern Star Acquisition (NYSE:STIC). The SPAC is in the process of merging with dog-focused products and services company BarkBox, which should close sometime this quarter.\nCompanion-animal spending might take a back seat to fast-growing trends like cannabis and social media, but it's about as surefire as it gets. It's been over a quarter of a century since spending on companion pets declined on a year-over-year basis. Time and again, pet owners have shown their willingness to spend freely to keep their four-legged friends happy and healthy. That's where BarkBox comes in.\nBarkBox is a technology-driven dog-focused company that's amassed 1.1 million subscribers, and its gross margins are north of 60%. It's recently been registering its highest monthly \"product retention\" rate since inception and has forecast a near doubling in sales between 2021 and 2023 to more than $700 million. In short, it's one of the fastest-growing pet stocks, yet is valued at one of the lowest sales multiples.\nBarkBox is also using innovation to drive sales growth. The introduction of Bark Home, which offers essentials like collars and dog beds, and Bark Eats, which provides a personalized dry-food diet to dog owners, can boost ticket size and bring in new customers.\nImage source: Square.\nSquare\nLast but certainly not least, fintech stock Square (NYSE:SQ) has all the tools necessary to shake things up in the financial services space and become an absolute giant. A 300% gain to $400,000 from $100,000 is probably undercutting its potential this decade.\nFor nearly a decade, Square has been generating big bucks from its seller ecosystem. This segment, which provides point-of-sale devices and analytics to small businesses, has seen gross payment volume (GPV) surge from $6.2 billion in 2012 to $112.3 billion in 2020. Not counting the pandemic year, Square's seller ecosystem has grown GPV by an annual average of 49% since 2012.\nEqually exciting is the fact that Square's seller ecosystem has begun appealing to larger businesses. Whereas 24% of all GPV originated from merchants with at least $500,000 in annualized GPV in the fourth quarter of 2018, 30% of GPV in Q4 2020 came from merchants with annualized GPV over $500,000. Since this is a payment-driven segment, having bigger businesses using its platform can only pump up gross profit.\nHowever, the most exciting growth driver is peer-to-peer payment platform Cash App. In three years, Cash App's user base has more than quintupled to 36 million. Further, the company is bringing in $41 in gross profit per user and spending less than $5 to acquire each new user. With Bitcoin trading and investing exploding on Cash App in 2020, it has all the look of a game-changing platform for young investors.","news_type":1},"isVote":1,"tweetType":1,"viewCount":289,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372997646,"gmtCreate":1619166208785,"gmtModify":1704720652441,"author":{"id":"3578344989334608","authorId":"3578344989334608","name":"Gecko88","avatar":"https://static.tigerbbs.com/5fec19cd9bef89bfc35988f09b32324a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578344989334608","authorIdStr":"3578344989334608"},"themes":[],"htmlText":"Tax the rich to help the poor.&nbsp;","listText":"Tax the rich to help the poor.&nbsp;","text":"Tax the rich to help the poor.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/372997646","repostId":"1141178573","repostType":4,"repost":{"id":"1141178573","kind":"news","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":1619147275,"share":"https://ttm.financial/m/news/1141178573?lang=&edition=fundamental","pubTime":"2021-04-23 11:07","market":"us","language":"en","title":"Biden to float historic tax increase on investment gains for the rich","url":"https://stock-news.laohu8.com/highlight/detail?id=1141178573","media":"Reuters","summary":"President Joe Biden will roll out a plan to raise taxes on the wealthiest Americans, including the l","content":"<p>President Joe Biden will roll out a plan to raise taxes on the wealthiest Americans, including the largest-ever increase in levies on investment gains, to fund about $1 trillion in childcare, universal pre-kindergarten education and paid leave for workers, sources familiar with the proposal said.</p><p>The plan is part of the White House's push for a sweeping overhaul of the U.S. tax system to make rich people and big companies pay more and help foot the bill for Biden's ambitious economic agenda. The proposal calls for increasing the top marginal income tax rate to 39.6% from 37%, the sources said this week. It would also nearly double taxes on capital gains to 39.6% for people earning more than $1 million.</p><p>That would be the highest tax rate on investment gains, which are mostly paid by the wealthiest Americans, since the 1920s. The rate has not exceeded 33.8% in the post-World War Two era.</p><p>News of the proposal- which was a staple of Biden’s presidential campaign platform - triggered sharp declines on Wall Street, with the benchmark S&amp;P 500 index(.SPX)down 1% in early afternoon, its steepest drop in more than a month.</p><p>Any such hike would need to go through Congress, where Biden's Democratic Party holds narrow majorities and is unlikely to win support from Republicans. It is also unclear if it would have the unanimous backing of congressional Democrats, which would be essential in the Senate where each party holds 50 seats.</p><p>\"If it had a chance of passing, we'd be down 2,000 points,\" said Thomas Hayes, chairman and managing member at hedge fund Great Hill Capital LLC, referring to stock market indexes.</p><p>Sources said details would be released next week before Biden's address to Congress on Wednesday. Details of the plan may change in coming days. White House officials are debating other possible tax increases that could ultimately be included such as capping deductions for wealthy taxpayers or increasing the estate tax, sources told Reuters.</p><p>Biden has promised not to raise taxes on households earning less than $400,000.</p><p>Tax details related to the plan, which has been in the works for months, were first reported by the New York Times on Thursday morning.</p><p>White House press secretary Jen Psaki said the president would discuss his \"American Families Plan\" during his speech to Congress but declined to comment on any details.</p><p>She said the administration had not yet finalized funding plans but stressed Biden's determination to make the wealthy and companies pay for new programs.</p><p>\"His view is that that should be on the backs ... of the wealthiest Americans who can afford it and corporations and businesses who can afford it,\" Psaki said.</p><p><img src=\"https://static.tigerbbs.com/3ac23774dc0b788c1569e6bfa03da03d\" tg-width=\"6754\" tg-height=\"4701\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/b90dcdfac3c849d0483fcf1eaee00814\" tg-width=\"7824\" tg-height=\"5219\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/3ac23774dc0b788c1569e6bfa03da03d\" tg-width=\"6754\" tg-height=\"4701\" referrerpolicy=\"no-referrer\"></p><p><i>U.S. President Joe Biden speaks in the Cross Hall at the White House in Washington, U.S., April 20, 2021. REUTERS/Tom Brenner</i></p><p>She said Biden and his economic team did not believe the measures would have a negative impact on investment in the United States.</p><p>Yields on Treasuries, which move in the opposite direction to their price, fell to the day's low.</p><p><b>CAPITAL GAINS</b></p><p>Biden's new plan, likely to generate about $1 trillion, comes after a $2.3 trillion jobs and infrastructure proposal that has already run into stiff opposition from Republicans. They generally support funding infrastructure projects but oppose Biden's inclusion of priorities like expanding eldercare and asking corporate America to pay the tab.</p><p>Tax hikes on the wealthy could harden Republicans' resistance against Biden's latest \"human\" infrastructure plan, forcing Democrats to consider pushing it - or least some of the measures - through Congress using a party-line budget vote known as reconciliation.</p><p>Senator Joe Manchin, a moderate Democrat from West Virginia who wields outsize power due to the party's slim majority, said recently said he was wary of expanding the use of reconciliation.</p><p>Biden's proposal should be viewed as an aggressive negotiating tactic, said Steve Chiavarone, a portfolio manager and equity strategist at Federated Hermes.</p><p>\"You should expect that you will get at least initially the biggest, baddest, most progressive policy proposals with the understanding that they won't get everything they want but define the scope of the negotiation. Maybe Biden doesn’t get 39%, he will get 29%\" tax rate, he said.</p><p>Wealthy Americans could face an overall federal capital gains tax rate of 43.4% including the 3.8% net investment tax on individuals with income of $200,000 or more ($250,000 married filing jointly). The latter helps fund the Affordable Care Act, popularly known as Obamacare.</p><p>Currently, those earning more than $200,000 pay a capital gains rate of about 23.8% including the Obamacare net investment tax instituted as part of that law. For tax year 2021, the top marginal tax rate remains 37% for individual single taxpayers with incomes greater than $523,600 and $628,300 for married couples filing jointly.</p><p>Erica York, an economist at the Tax Foundation, said the proposal would put U.S. capital gains taxes at the top of the global charts. Average capital gains taxes in Europe are around 19.3%, and the highest rate there is in Denmark, which collects 42%. France and Finland charge 34%.</p><p>For residents of some states and cities that assess their own capital gains levy, Biden’s plan would push the total capital gains rate to more than 50%, York said. The rate would rise to 56.7% in California, 68.2% in New York City and 57.3% in Portland, Oregon, York said.</p><p><b>Goldman Says \"No Surprise\" In Biden Cap Gains Proposal, Sees Congress Settling On 28% Tax Rate</b></p><p>Today the market freaked out when Bloomberg reported that the Biden Administration will propose to tax capital gains at the top ordinary income tax rate (39.6%, or 43.4% when the existing 3.8% tax on net investment income tax is added).</p><p>Well, according to Goldman, this is nothing more than the latest pipe dream trial balloon from progressives, one which won't actually take place and instead has been floated to set the negotiation \"ask\", with Goldman expecting that<b>\"Congress will settle on a more modest increase, potentially around 28%.\"</b>As such there are no actual \"surprises\" in the proposal which has been floated in this exact format previously, and while it remains unclear when the tax rate increase would be effective, the bank's economists \"think it is unlikely to apply to gains realized before May, and an increase effective Jan. 1, 2022 is more likely.\"</p><p>1.Bloomberg hasreportedthat the Biden Administration will propose to raise the federal capital gains tax rate to 39.6%, also the top marginal income tax rate under President Biden’s proposal. In addition to 3.8% tax on net investment income that Congress established in 2009, the combined rate would be 43.4%.<b>We had expected the President to propose this as part of his “American Families Plan” and the proposal comes as no surprise.</b>This proposal would apply to taxpayers with annual incomes over $1 million, and would likely also apply to qualified dividends, which are currently taxed at the same rate as capital gains. We note that the Biden campaign also proposed eliminating the step-up in basis on inherited assets, which would result in much larger taxable gains on those assets once sold.</p><p><b>2. We expect Congress will pass a scaled back version of this tax increase.</b>While it is possible that Congress might pass the proposal in its entirety,<b>we think a moderated version is more likely in light of the razor-thin majorities in the House and Senate. At 43.4%, long-term capital gains would be taxed at the highest rate in the more than 100 years since Congress established the income tax. A 28% rate looks most likely, in our view, as it is roughly halfway between the current rate and Biden’s likely proposal.</b>This is also the rate that President Reagan and a Democratic House settled on a few decades ago when raising the tax from 20%.</p><p>3. The issue will likely remain in flux over the next several months. We expect President Biden to discuss the issue among many other topics when he addresses a joint session of Congress on April 28. By early May, the Biden Administration might also release its full fiscal year 2022 budget submission to Congress, which would provide more details on tax proposals including capital gains. However, the timing of this release remains unclear. In the interim,<b>comments from centrist Senate Democrats, such as Sens. Joe Manchin (D-W Va.) and Kyrsten Sinema (D-Ariz.),could clarify where key swing voters might come out on the issue</b>.</p><p>4. It is unclear when the higher rate would be effective, but we see three main options.</p><ul><li>First, Congress has occasionally made tax policies effective as of the date when the bill is introduced in the House of Representatives. This would likely be no earlier than May.</li><li>A second option would be to make the higher tax rate effective for gains realized after the bill is enacted into law, which we think will be sometime between July and September.</li><li>The third option would be an increase effective on January 1, 2022. We note that the last time Congress legislated an increase in the rate, the policy became law in October 1986 but the increase did not take effect until January 1987.</li></ul><p>While a retroactive increase cannot be ruled out entirely, we believe it is very unlikely that it would apply to gains realized before May 2021 (at earliest).</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>Biden to float historic tax increase on investment gains for the rich</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\">\nBiden to float historic tax increase on investment gains for the rich\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\">2021-04-23 11:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>President Joe Biden will roll out a plan to raise taxes on the wealthiest Americans, including the largest-ever increase in levies on investment gains, to fund about $1 trillion in childcare, universal pre-kindergarten education and paid leave for workers, sources familiar with the proposal said.</p><p>The plan is part of the White House's push for a sweeping overhaul of the U.S. tax system to make rich people and big companies pay more and help foot the bill for Biden's ambitious economic agenda. The proposal calls for increasing the top marginal income tax rate to 39.6% from 37%, the sources said this week. It would also nearly double taxes on capital gains to 39.6% for people earning more than $1 million.</p><p>That would be the highest tax rate on investment gains, which are mostly paid by the wealthiest Americans, since the 1920s. The rate has not exceeded 33.8% in the post-World War Two era.</p><p>News of the proposal- which was a staple of Biden’s presidential campaign platform - triggered sharp declines on Wall Street, with the benchmark S&amp;P 500 index(.SPX)down 1% in early afternoon, its steepest drop in more than a month.</p><p>Any such hike would need to go through Congress, where Biden's Democratic Party holds narrow majorities and is unlikely to win support from Republicans. It is also unclear if it would have the unanimous backing of congressional Democrats, which would be essential in the Senate where each party holds 50 seats.</p><p>\"If it had a chance of passing, we'd be down 2,000 points,\" said Thomas Hayes, chairman and managing member at hedge fund Great Hill Capital LLC, referring to stock market indexes.</p><p>Sources said details would be released next week before Biden's address to Congress on Wednesday. Details of the plan may change in coming days. White House officials are debating other possible tax increases that could ultimately be included such as capping deductions for wealthy taxpayers or increasing the estate tax, sources told Reuters.</p><p>Biden has promised not to raise taxes on households earning less than $400,000.</p><p>Tax details related to the plan, which has been in the works for months, were first reported by the New York Times on Thursday morning.</p><p>White House press secretary Jen Psaki said the president would discuss his \"American Families Plan\" during his speech to Congress but declined to comment on any details.</p><p>She said the administration had not yet finalized funding plans but stressed Biden's determination to make the wealthy and companies pay for new programs.</p><p>\"His view is that that should be on the backs ... of the wealthiest Americans who can afford it and corporations and businesses who can afford it,\" Psaki said.</p><p><img src=\"https://static.tigerbbs.com/3ac23774dc0b788c1569e6bfa03da03d\" tg-width=\"6754\" tg-height=\"4701\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/b90dcdfac3c849d0483fcf1eaee00814\" tg-width=\"7824\" tg-height=\"5219\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/3ac23774dc0b788c1569e6bfa03da03d\" tg-width=\"6754\" tg-height=\"4701\" referrerpolicy=\"no-referrer\"></p><p><i>U.S. President Joe Biden speaks in the Cross Hall at the White House in Washington, U.S., April 20, 2021. REUTERS/Tom Brenner</i></p><p>She said Biden and his economic team did not believe the measures would have a negative impact on investment in the United States.</p><p>Yields on Treasuries, which move in the opposite direction to their price, fell to the day's low.</p><p><b>CAPITAL GAINS</b></p><p>Biden's new plan, likely to generate about $1 trillion, comes after a $2.3 trillion jobs and infrastructure proposal that has already run into stiff opposition from Republicans. They generally support funding infrastructure projects but oppose Biden's inclusion of priorities like expanding eldercare and asking corporate America to pay the tab.</p><p>Tax hikes on the wealthy could harden Republicans' resistance against Biden's latest \"human\" infrastructure plan, forcing Democrats to consider pushing it - or least some of the measures - through Congress using a party-line budget vote known as reconciliation.</p><p>Senator Joe Manchin, a moderate Democrat from West Virginia who wields outsize power due to the party's slim majority, said recently said he was wary of expanding the use of reconciliation.</p><p>Biden's proposal should be viewed as an aggressive negotiating tactic, said Steve Chiavarone, a portfolio manager and equity strategist at Federated Hermes.</p><p>\"You should expect that you will get at least initially the biggest, baddest, most progressive policy proposals with the understanding that they won't get everything they want but define the scope of the negotiation. Maybe Biden doesn’t get 39%, he will get 29%\" tax rate, he said.</p><p>Wealthy Americans could face an overall federal capital gains tax rate of 43.4% including the 3.8% net investment tax on individuals with income of $200,000 or more ($250,000 married filing jointly). The latter helps fund the Affordable Care Act, popularly known as Obamacare.</p><p>Currently, those earning more than $200,000 pay a capital gains rate of about 23.8% including the Obamacare net investment tax instituted as part of that law. For tax year 2021, the top marginal tax rate remains 37% for individual single taxpayers with incomes greater than $523,600 and $628,300 for married couples filing jointly.</p><p>Erica York, an economist at the Tax Foundation, said the proposal would put U.S. capital gains taxes at the top of the global charts. Average capital gains taxes in Europe are around 19.3%, and the highest rate there is in Denmark, which collects 42%. France and Finland charge 34%.</p><p>For residents of some states and cities that assess their own capital gains levy, Biden’s plan would push the total capital gains rate to more than 50%, York said. The rate would rise to 56.7% in California, 68.2% in New York City and 57.3% in Portland, Oregon, York said.</p><p><b>Goldman Says \"No Surprise\" In Biden Cap Gains Proposal, Sees Congress Settling On 28% Tax Rate</b></p><p>Today the market freaked out when Bloomberg reported that the Biden Administration will propose to tax capital gains at the top ordinary income tax rate (39.6%, or 43.4% when the existing 3.8% tax on net investment income tax is added).</p><p>Well, according to Goldman, this is nothing more than the latest pipe dream trial balloon from progressives, one which won't actually take place and instead has been floated to set the negotiation \"ask\", with Goldman expecting that<b>\"Congress will settle on a more modest increase, potentially around 28%.\"</b>As such there are no actual \"surprises\" in the proposal which has been floated in this exact format previously, and while it remains unclear when the tax rate increase would be effective, the bank's economists \"think it is unlikely to apply to gains realized before May, and an increase effective Jan. 1, 2022 is more likely.\"</p><p>1.Bloomberg hasreportedthat the Biden Administration will propose to raise the federal capital gains tax rate to 39.6%, also the top marginal income tax rate under President Biden’s proposal. In addition to 3.8% tax on net investment income that Congress established in 2009, the combined rate would be 43.4%.<b>We had expected the President to propose this as part of his “American Families Plan” and the proposal comes as no surprise.</b>This proposal would apply to taxpayers with annual incomes over $1 million, and would likely also apply to qualified dividends, which are currently taxed at the same rate as capital gains. We note that the Biden campaign also proposed eliminating the step-up in basis on inherited assets, which would result in much larger taxable gains on those assets once sold.</p><p><b>2. We expect Congress will pass a scaled back version of this tax increase.</b>While it is possible that Congress might pass the proposal in its entirety,<b>we think a moderated version is more likely in light of the razor-thin majorities in the House and Senate. At 43.4%, long-term capital gains would be taxed at the highest rate in the more than 100 years since Congress established the income tax. A 28% rate looks most likely, in our view, as it is roughly halfway between the current rate and Biden’s likely proposal.</b>This is also the rate that President Reagan and a Democratic House settled on a few decades ago when raising the tax from 20%.</p><p>3. The issue will likely remain in flux over the next several months. We expect President Biden to discuss the issue among many other topics when he addresses a joint session of Congress on April 28. By early May, the Biden Administration might also release its full fiscal year 2022 budget submission to Congress, which would provide more details on tax proposals including capital gains. However, the timing of this release remains unclear. In the interim,<b>comments from centrist Senate Democrats, such as Sens. Joe Manchin (D-W Va.) and Kyrsten Sinema (D-Ariz.),could clarify where key swing voters might come out on the issue</b>.</p><p>4. It is unclear when the higher rate would be effective, but we see three main options.</p><ul><li>First, Congress has occasionally made tax policies effective as of the date when the bill is introduced in the House of Representatives. This would likely be no earlier than May.</li><li>A second option would be to make the higher tax rate effective for gains realized after the bill is enacted into law, which we think will be sometime between July and September.</li><li>The third option would be an increase effective on January 1, 2022. We note that the last time Congress legislated an increase in the rate, the policy became law in October 1986 but the increase did not take effect until January 1987.</li></ul><p>While a retroactive increase cannot be ruled out entirely, we believe it is very unlikely that it would apply to gains realized before May 2021 (at earliest).</p>\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"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141178573","content_text":"President Joe Biden will roll out a plan to raise taxes on the wealthiest Americans, including the largest-ever increase in levies on investment gains, to fund about $1 trillion in childcare, universal pre-kindergarten education and paid leave for workers, sources familiar with the proposal said.The plan is part of the White House's push for a sweeping overhaul of the U.S. tax system to make rich people and big companies pay more and help foot the bill for Biden's ambitious economic agenda. The proposal calls for increasing the top marginal income tax rate to 39.6% from 37%, the sources said this week. It would also nearly double taxes on capital gains to 39.6% for people earning more than $1 million.That would be the highest tax rate on investment gains, which are mostly paid by the wealthiest Americans, since the 1920s. The rate has not exceeded 33.8% in the post-World War Two era.News of the proposal- which was a staple of Biden’s presidential campaign platform - triggered sharp declines on Wall Street, with the benchmark S&P 500 index(.SPX)down 1% in early afternoon, its steepest drop in more than a month.Any such hike would need to go through Congress, where Biden's Democratic Party holds narrow majorities and is unlikely to win support from Republicans. It is also unclear if it would have the unanimous backing of congressional Democrats, which would be essential in the Senate where each party holds 50 seats.\"If it had a chance of passing, we'd be down 2,000 points,\" said Thomas Hayes, chairman and managing member at hedge fund Great Hill Capital LLC, referring to stock market indexes.Sources said details would be released next week before Biden's address to Congress on Wednesday. Details of the plan may change in coming days. White House officials are debating other possible tax increases that could ultimately be included such as capping deductions for wealthy taxpayers or increasing the estate tax, sources told Reuters.Biden has promised not to raise taxes on households earning less than $400,000.Tax details related to the plan, which has been in the works for months, were first reported by the New York Times on Thursday morning.White House press secretary Jen Psaki said the president would discuss his \"American Families Plan\" during his speech to Congress but declined to comment on any details.She said the administration had not yet finalized funding plans but stressed Biden's determination to make the wealthy and companies pay for new programs.\"His view is that that should be on the backs ... of the wealthiest Americans who can afford it and corporations and businesses who can afford it,\" Psaki said.U.S. President Joe Biden speaks in the Cross Hall at the White House in Washington, U.S., April 20, 2021. REUTERS/Tom BrennerShe said Biden and his economic team did not believe the measures would have a negative impact on investment in the United States.Yields on Treasuries, which move in the opposite direction to their price, fell to the day's low.CAPITAL GAINSBiden's new plan, likely to generate about $1 trillion, comes after a $2.3 trillion jobs and infrastructure proposal that has already run into stiff opposition from Republicans. They generally support funding infrastructure projects but oppose Biden's inclusion of priorities like expanding eldercare and asking corporate America to pay the tab.Tax hikes on the wealthy could harden Republicans' resistance against Biden's latest \"human\" infrastructure plan, forcing Democrats to consider pushing it - or least some of the measures - through Congress using a party-line budget vote known as reconciliation.Senator Joe Manchin, a moderate Democrat from West Virginia who wields outsize power due to the party's slim majority, said recently said he was wary of expanding the use of reconciliation.Biden's proposal should be viewed as an aggressive negotiating tactic, said Steve Chiavarone, a portfolio manager and equity strategist at Federated Hermes.\"You should expect that you will get at least initially the biggest, baddest, most progressive policy proposals with the understanding that they won't get everything they want but define the scope of the negotiation. Maybe Biden doesn’t get 39%, he will get 29%\" tax rate, he said.Wealthy Americans could face an overall federal capital gains tax rate of 43.4% including the 3.8% net investment tax on individuals with income of $200,000 or more ($250,000 married filing jointly). The latter helps fund the Affordable Care Act, popularly known as Obamacare.Currently, those earning more than $200,000 pay a capital gains rate of about 23.8% including the Obamacare net investment tax instituted as part of that law. For tax year 2021, the top marginal tax rate remains 37% for individual single taxpayers with incomes greater than $523,600 and $628,300 for married couples filing jointly.Erica York, an economist at the Tax Foundation, said the proposal would put U.S. capital gains taxes at the top of the global charts. Average capital gains taxes in Europe are around 19.3%, and the highest rate there is in Denmark, which collects 42%. France and Finland charge 34%.For residents of some states and cities that assess their own capital gains levy, Biden’s plan would push the total capital gains rate to more than 50%, York said. The rate would rise to 56.7% in California, 68.2% in New York City and 57.3% in Portland, Oregon, York said.Goldman Says \"No Surprise\" In Biden Cap Gains Proposal, Sees Congress Settling On 28% Tax RateToday the market freaked out when Bloomberg reported that the Biden Administration will propose to tax capital gains at the top ordinary income tax rate (39.6%, or 43.4% when the existing 3.8% tax on net investment income tax is added).Well, according to Goldman, this is nothing more than the latest pipe dream trial balloon from progressives, one which won't actually take place and instead has been floated to set the negotiation \"ask\", with Goldman expecting that\"Congress will settle on a more modest increase, potentially around 28%.\"As such there are no actual \"surprises\" in the proposal which has been floated in this exact format previously, and while it remains unclear when the tax rate increase would be effective, the bank's economists \"think it is unlikely to apply to gains realized before May, and an increase effective Jan. 1, 2022 is more likely.\"1.Bloomberg hasreportedthat the Biden Administration will propose to raise the federal capital gains tax rate to 39.6%, also the top marginal income tax rate under President Biden’s proposal. In addition to 3.8% tax on net investment income that Congress established in 2009, the combined rate would be 43.4%.We had expected the President to propose this as part of his “American Families Plan” and the proposal comes as no surprise.This proposal would apply to taxpayers with annual incomes over $1 million, and would likely also apply to qualified dividends, which are currently taxed at the same rate as capital gains. We note that the Biden campaign also proposed eliminating the step-up in basis on inherited assets, which would result in much larger taxable gains on those assets once sold.2. We expect Congress will pass a scaled back version of this tax increase.While it is possible that Congress might pass the proposal in its entirety,we think a moderated version is more likely in light of the razor-thin majorities in the House and Senate. At 43.4%, long-term capital gains would be taxed at the highest rate in the more than 100 years since Congress established the income tax. A 28% rate looks most likely, in our view, as it is roughly halfway between the current rate and Biden’s likely proposal.This is also the rate that President Reagan and a Democratic House settled on a few decades ago when raising the tax from 20%.3. The issue will likely remain in flux over the next several months. We expect President Biden to discuss the issue among many other topics when he addresses a joint session of Congress on April 28. By early May, the Biden Administration might also release its full fiscal year 2022 budget submission to Congress, which would provide more details on tax proposals including capital gains. However, the timing of this release remains unclear. In the interim,comments from centrist Senate Democrats, such as Sens. Joe Manchin (D-W Va.) and Kyrsten Sinema (D-Ariz.),could clarify where key swing voters might come out on the issue.4. It is unclear when the higher rate would be effective, but we see three main options.First, Congress has occasionally made tax policies effective as of the date when the bill is introduced in the House of Representatives. This would likely be no earlier than May.A second option would be to make the higher tax rate effective for gains realized after the bill is enacted into law, which we think will be sometime between July and September.The third option would be an increase effective on January 1, 2022. We note that the last time Congress legislated an increase in the rate, the policy became law in October 1986 but the increase did not take effect until January 1987.While a retroactive increase cannot be ruled out entirely, we believe it is very unlikely that it would apply to gains realized before May 2021 (at earliest).","news_type":1},"isVote":1,"tweetType":1,"viewCount":387,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372995197,"gmtCreate":1619166027819,"gmtModify":1704720649856,"author":{"id":"3578344989334608","authorId":"3578344989334608","name":"Gecko88","avatar":"https://static.tigerbbs.com/5fec19cd9bef89bfc35988f09b32324a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578344989334608","authorIdStr":"3578344989334608"},"themes":[],"htmlText":"Wow, the price of Bitcoin is still very high, you must be very rich to invest in it.&nbsp;","listText":"Wow, the price of Bitcoin is still very high, you must be very rich to invest in it.&nbsp;","text":"Wow, the price of Bitcoin is still very high, you must be very rich to invest in it.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372995197","repostId":"1109677270","repostType":4,"repost":{"id":"1109677270","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1619165270,"share":"https://ttm.financial/m/news/1109677270?lang=&edition=fundamental","pubTime":"2021-04-23 16:07","market":"us","language":"en","title":"Why crypto stocks tumbled in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1109677270","media":"Tiger Newspress","summary":"Crypto stocks tumbled in premarket trading after Bitcoin falling more than 8% as cryptos stumble ove","content":"<p>Crypto stocks tumbled in premarket trading&nbsp;after&nbsp;Bitcoin falling more&nbsp;than&nbsp;8% as cryptos stumble over Biden tax plans.Canaan&nbsp;Inc.&nbsp;and&nbsp;Riot Blockchain&nbsp;fell&nbsp;more&nbsp;than&nbsp;9%,Marathon&nbsp;Digital,The9&nbsp;and&nbsp;SOS&nbsp;Limited&nbsp;fell&nbsp;nearly&nbsp;8%,Bit Digital&nbsp;fell&nbsp;nearly&nbsp;7%,Coinbase&nbsp;fell&nbsp;nearly&nbsp;4%.</p><p><img src=\"https://static.tigerbbs.com/8df1b71a6465ba625a78a685cbdd8d4f\" tg-width=\"415\" tg-height=\"543\" referrerpolicy=\"no-referrer\"></p><p>Bitcoin and other cryptocurrencies suffered hefty losses on Friday amid fears that U.S. President Joe Biden's plan to raise capital gains taxes will curb investment in digital assets.</p><p>Bitcoin slumped 8% to below $48000 / piece in a third straight session of losses while Ether and XPR suffered double digit tumbles.</p><p>\"The crypto currency came under fresh pressure on the Biden tax headlines,\" Deutsche Bank's Jim Reid wrote in a note to clients.</p><p>Bitcoin, the world's biggest cryptocurrency, is on track for a 15% loss on the week. However, the latest tumbles come in the wake of a sharp rally with Bitcoin still up 65% since the start of the year.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why crypto stocks tumbled in premarket 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\">\nWhy crypto stocks tumbled in premarket 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\">2021-04-23 16:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Crypto stocks tumbled in premarket trading&nbsp;after&nbsp;Bitcoin falling more&nbsp;than&nbsp;8% as cryptos stumble over Biden tax plans.Canaan&nbsp;Inc.&nbsp;and&nbsp;Riot Blockchain&nbsp;fell&nbsp;more&nbsp;than&nbsp;9%,Marathon&nbsp;Digital,The9&nbsp;and&nbsp;SOS&nbsp;Limited&nbsp;fell&nbsp;nearly&nbsp;8%,Bit Digital&nbsp;fell&nbsp;nearly&nbsp;7%,Coinbase&nbsp;fell&nbsp;nearly&nbsp;4%.</p><p><img src=\"https://static.tigerbbs.com/8df1b71a6465ba625a78a685cbdd8d4f\" tg-width=\"415\" tg-height=\"543\" referrerpolicy=\"no-referrer\"></p><p>Bitcoin and other cryptocurrencies suffered hefty losses on Friday amid fears that U.S. President Joe Biden's plan to raise capital gains taxes will curb investment in digital assets.</p><p>Bitcoin slumped 8% to below $48000 / piece in a third straight session of losses while Ether and XPR suffered double digit tumbles.</p><p>\"The crypto currency came under fresh pressure on the Biden tax headlines,\" Deutsche Bank's Jim Reid wrote in a note to clients.</p><p>Bitcoin, the world's biggest cryptocurrency, is on track for a 15% loss on the week. However, the latest tumbles come in the wake of a sharp rally with Bitcoin still up 65% since the start of the year.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NCTY":"第九城市","SOS":"SOS Limited","COIN":"Coinbase Global, Inc.","MARA":"MARA Holdings","CAN":"嘉楠科技","RIOT":"Riot Platforms","BTBT":"Bit Digital, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109677270","content_text":"Crypto stocks tumbled in premarket trading after Bitcoin falling more than 8% as cryptos stumble over Biden tax plans.Canaan Inc. and Riot Blockchain fell more than 9%,Marathon Digital,The9 and SOS Limited fell nearly 8%,Bit Digital fell nearly 7%,Coinbase fell nearly 4%.Bitcoin and other cryptocurrencies suffered hefty losses on Friday amid fears that U.S. President Joe Biden's plan to raise capital gains taxes will curb investment in digital assets.Bitcoin slumped 8% to below $48000 / piece in a third straight session of losses while Ether and XPR suffered double digit tumbles.\"The crypto currency came under fresh pressure on the Biden tax headlines,\" Deutsche Bank's Jim Reid wrote in a note to clients.Bitcoin, the world's biggest cryptocurrency, is on track for a 15% loss on the week. However, the latest tumbles come in the wake of a sharp rally with Bitcoin still up 65% since the start of the year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371888948,"gmtCreate":1618926942884,"gmtModify":1704717009839,"author":{"id":"3578344989334608","authorId":"3578344989334608","name":"Gecko88","avatar":"https://static.tigerbbs.com/5fec19cd9bef89bfc35988f09b32324a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578344989334608","authorIdStr":"3578344989334608"},"themes":[],"htmlText":"I would definitely go for Apple.&nbsp;","listText":"I would definitely go for Apple.&nbsp;","text":"I would definitely go for Apple.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/371888948","repostId":"2128849801","repostType":4,"repost":{"id":"2128849801","kind":"highlight","pubTimestamp":1618923964,"share":"https://ttm.financial/m/news/2128849801?lang=&edition=fundamental","pubTime":"2021-04-20 21:06","market":"us","language":"en","title":"Better Buy: Apple vs. IBM","url":"https://stock-news.laohu8.com/highlight/detail?id=2128849801","media":"Motley Fool","summary":"Should you follow Warren Buffett's lead and dump IBM stock to buy Apple?","content":"<p><b>Apple</b> (NASDAQ:AAPL) and <b><a href=\"https://laohu8.com/S/IBM\">IBM</a></b> (NYSE:IBM) are two tech giants that have generated very different returns for investors over the past decade.</p>\n<p>Apple's stock price has skyrocketed more than 1,000% as the iPhone has reshaped the mobile market. The iPad redefined tablet computers, the Apple Watch dominated the smartwatch market, and the company further expanded its hardware ecosystem with AirPods and HomePods. Apple also aggressively locked in its users with new subscription services like Apple Music, Apple TV+, and Apple Arcade.</p>\n<p>Meanwhile, IBM's stock price has declined 20% as the company has desperately tried to grow its revenue again. It's tried to expand its higher-growth cloud businesses to offset its declining business software, hardware, and IT services revenue, but those efforts have produced inconsistent results. Big Blue has also struggled to compete against <b>Amazon</b> (NASDAQ:AMZN), <b>Microsoft </b>(NASDAQ:MSFT), and other cloud giants.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2f0193c46e290e13c95a5514f952d998\" tg-width=\"700\" tg-height=\"451\"><span>Image source: Apple.</span></p>\n<p>The choice between Apple and IBM might seem like a simple <a href=\"https://laohu8.com/S/AONE\">one</a>. Even Warren Buffett's <b>Berkshire Hathaway</b> sold its&nbsp;entire stake in IBM and accumulated a big position in Apple in recent years. But are investors overestimating Apple's growth, and underestimating IBM's turnaround efforts?</p>\n<h2>Apple's growth is accelerating</h2>\n<p>Apple's revenue and earnings grew 6% and&nbsp;10%, respectively, in fiscal 2020, which ended last September. Its rising sales of Macs, iPads, Apple Watches, AirPods, and software services all offset a 3% drop in iPhone sales, which accounted for half of its full-year revenue.</p>\n<p>In the first quarter of 2021, Apple's revenue rose 21% year over year to $111.4 billion as it launched the iPhone 12, its first family of 5G devices. Its iPhone sales jumped 17% as all its other segments generated double-digit sales growth. Its services revenue rose 24% as it locked in over 600 million paid subscribers across its entire software ecosystem.</p>\n<p>Apple's sales also hit record highs across all its geographic regions, led by its 57% growth in Greater China. Its gross margin expanded, it bought back $24.8 billion in shares, and its earnings per share jumped 35%.</p>\n<p>Most analysts expect Apple to post its strongest year of iPhone sales since the iPhone 6 in&nbsp;2014. However, Apple also faces unresolved conflicts over its app store fees, and it clashes with online advertisers over its privacy changes in iOS 14.</p>\n<p>The Mac also faces fresh competition from <b>Alphabet</b>'s Chromebooks, which outpaced MacBooks in full-year shipments for the first time in 2020, according to IDC. The expansion of its services ecosystem could also encounter fierce resistance from streaming media giants like <b>Spotify </b>and <b>Netflix</b>.</p>\n<p>Despite the challenges, analysts expect Apple's revenue and earnings to grow 22% and 36%, respectively, this year as its strengths easily offset its potential weaknesses. Apple also ended the first quarter with nearly $196 billion in cash and equivalents, so it has plenty of ways to expand its business with fresh investments and acquisitions.</p>\n<h2>IBM will split into two companies</h2>\n<p>IBM's revenue and&nbsp;adjusted earnings declined 5% and 32%, respectively, in fiscal 2020, which aligns with the calendar year. Its total cloud revenue rose 19% to $25.1 billion, or 34% of its top line, but couldn't offset the soft demand for its legacy products and services throughout the crisis. Its gross margin expanded slightly, but its operating margin still declined.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7e0e8d81f304b06e79534de5399fbeb8\" tg-width=\"700\" tg-height=\"467\"><span>Image source: Getty Images.</span></p>\n<p>IBM's $34 billion acquisition of Red Hat, which it closed in mid-2019, didn't cushion the blow. Red Hat's revenue rose 18% in fiscal 2020, but postponed enterprise deals across IBM's other businesses wiped out those gains.</p>\n<p>Analysts expect IBM's revenue to rise&nbsp;less than 1% this year as its growth stabilizes in a post-pandemic world, and for its earnings to grow 27%. However, those estimates don't fully account for IBM's planned split into two companies later this year.</p>\n<p>CEO Arvind Krishna, who took the helm last April, plans to spin off IBM's slow-growth managed infrastructure services segment into a new company. The \"new\" IBM will then focus on expanding its higher-growth hybrid cloud and AI businesses with the support of Red Hat's open-source software.</p>\n<p>Krishna believes IBM can carve out a niche in hybrid cloud services, which link public cloud platforms to private clouds, but Amazon and Microsoft are also expanding their public cloud platforms with hybrid cloud services.</p>\n<p>IBM ended the year with $14.3 billion in cash on hand and marketable securities, which gives it some room for future cloud investments -- but it's still shouldering $61.5 billion in total debt, and $7.2 billion of that total matures within the year.</p>\n<p>Apple reported $107 billion in long-term debt last quarter, but its cash and equivalents still easily outweigh that debt -- and just $7.8 billion of its total debt matures within the year.</p>\n<h2>It's still an easy choice</h2>\n<p>Apple trades at 29 times forward earnings and pays a forward yield of just 0.6% on its dividend. IBM has a much lower forward P/E ratio of 11, and pays a much higher dividend yield of 4.9%. IBM might initially seem like a bargain, but it's cheap because it faces too many unpredictable headwinds.</p>\n<p>Meanwhile, Apple's valuation remains reasonable relative to its growth, and its path forward is much clearer. Therefore, I believe Apple will continue to outperform IBM for the foreseeable future.</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>Better Buy: Apple vs. IBM</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\">\nBetter Buy: Apple vs. IBM\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-20 21:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/20/better-buy-apple-vs-ibm/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple (NASDAQ:AAPL) and IBM (NYSE:IBM) are two tech giants that have generated very different returns for investors over the past decade.\nApple's stock price has skyrocketed more than 1,000% as the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/20/better-buy-apple-vs-ibm/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IBM":"IBM","AAPL":"苹果"},"source_url":"https://www.fool.com/investing/2021/04/20/better-buy-apple-vs-ibm/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2128849801","content_text":"Apple (NASDAQ:AAPL) and IBM (NYSE:IBM) are two tech giants that have generated very different returns for investors over the past decade.\nApple's stock price has skyrocketed more than 1,000% as the iPhone has reshaped the mobile market. The iPad redefined tablet computers, the Apple Watch dominated the smartwatch market, and the company further expanded its hardware ecosystem with AirPods and HomePods. Apple also aggressively locked in its users with new subscription services like Apple Music, Apple TV+, and Apple Arcade.\nMeanwhile, IBM's stock price has declined 20% as the company has desperately tried to grow its revenue again. It's tried to expand its higher-growth cloud businesses to offset its declining business software, hardware, and IT services revenue, but those efforts have produced inconsistent results. Big Blue has also struggled to compete against Amazon (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT), and other cloud giants.\nImage source: Apple.\nThe choice between Apple and IBM might seem like a simple one. Even Warren Buffett's Berkshire Hathaway sold its entire stake in IBM and accumulated a big position in Apple in recent years. But are investors overestimating Apple's growth, and underestimating IBM's turnaround efforts?\nApple's growth is accelerating\nApple's revenue and earnings grew 6% and 10%, respectively, in fiscal 2020, which ended last September. Its rising sales of Macs, iPads, Apple Watches, AirPods, and software services all offset a 3% drop in iPhone sales, which accounted for half of its full-year revenue.\nIn the first quarter of 2021, Apple's revenue rose 21% year over year to $111.4 billion as it launched the iPhone 12, its first family of 5G devices. Its iPhone sales jumped 17% as all its other segments generated double-digit sales growth. Its services revenue rose 24% as it locked in over 600 million paid subscribers across its entire software ecosystem.\nApple's sales also hit record highs across all its geographic regions, led by its 57% growth in Greater China. Its gross margin expanded, it bought back $24.8 billion in shares, and its earnings per share jumped 35%.\nMost analysts expect Apple to post its strongest year of iPhone sales since the iPhone 6 in 2014. However, Apple also faces unresolved conflicts over its app store fees, and it clashes with online advertisers over its privacy changes in iOS 14.\nThe Mac also faces fresh competition from Alphabet's Chromebooks, which outpaced MacBooks in full-year shipments for the first time in 2020, according to IDC. The expansion of its services ecosystem could also encounter fierce resistance from streaming media giants like Spotify and Netflix.\nDespite the challenges, analysts expect Apple's revenue and earnings to grow 22% and 36%, respectively, this year as its strengths easily offset its potential weaknesses. Apple also ended the first quarter with nearly $196 billion in cash and equivalents, so it has plenty of ways to expand its business with fresh investments and acquisitions.\nIBM will split into two companies\nIBM's revenue and adjusted earnings declined 5% and 32%, respectively, in fiscal 2020, which aligns with the calendar year. Its total cloud revenue rose 19% to $25.1 billion, or 34% of its top line, but couldn't offset the soft demand for its legacy products and services throughout the crisis. Its gross margin expanded slightly, but its operating margin still declined.\nImage source: Getty Images.\nIBM's $34 billion acquisition of Red Hat, which it closed in mid-2019, didn't cushion the blow. Red Hat's revenue rose 18% in fiscal 2020, but postponed enterprise deals across IBM's other businesses wiped out those gains.\nAnalysts expect IBM's revenue to rise less than 1% this year as its growth stabilizes in a post-pandemic world, and for its earnings to grow 27%. However, those estimates don't fully account for IBM's planned split into two companies later this year.\nCEO Arvind Krishna, who took the helm last April, plans to spin off IBM's slow-growth managed infrastructure services segment into a new company. The \"new\" IBM will then focus on expanding its higher-growth hybrid cloud and AI businesses with the support of Red Hat's open-source software.\nKrishna believes IBM can carve out a niche in hybrid cloud services, which link public cloud platforms to private clouds, but Amazon and Microsoft are also expanding their public cloud platforms with hybrid cloud services.\nIBM ended the year with $14.3 billion in cash on hand and marketable securities, which gives it some room for future cloud investments -- but it's still shouldering $61.5 billion in total debt, and $7.2 billion of that total matures within the year.\nApple reported $107 billion in long-term debt last quarter, but its cash and equivalents still easily outweigh that debt -- and just $7.8 billion of its total debt matures within the year.\nIt's still an easy choice\nApple trades at 29 times forward earnings and pays a forward yield of just 0.6% on its dividend. IBM has a much lower forward P/E ratio of 11, and pays a much higher dividend yield of 4.9%. IBM might initially seem like a bargain, but it's cheap because it faces too many unpredictable headwinds.\nMeanwhile, Apple's valuation remains reasonable relative to its growth, and its path forward is much clearer. Therefore, I believe Apple will continue to outperform IBM for the foreseeable future.","news_type":1},"isVote":1,"tweetType":1,"viewCount":354,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371835871,"gmtCreate":1618926161593,"gmtModify":1704716986437,"author":{"id":"3578344989334608","authorId":"3578344989334608","name":"Gecko88","avatar":"https://static.tigerbbs.com/5fec19cd9bef89bfc35988f09b32324a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578344989334608","authorIdStr":"3578344989334608"},"themes":[],"htmlText":"The Dow is already very high.&nbsp;","listText":"The Dow is already very high.&nbsp;","text":"The Dow is already very high.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/371835871","repostId":"1113293341","repostType":4,"repost":{"id":"1113293341","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1618925493,"share":"https://ttm.financial/m/news/1113293341?lang=&edition=fundamental","pubTime":"2021-04-20 21:31","market":"us","language":"en","title":"Dow falls 100 points for a second day of losses as investors shrug off strong earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=1113293341","media":"Tiger Newspress","summary":"U.S. stocks fell for a second day on Tuesday as strong corporate earnings failed to boost the market","content":"<p>U.S. stocks fell for a second day on Tuesday as strong corporate earnings failed to boost the market already near record highs.</p><p>The Dow Jones Industrial average fell 113 points. The S&amp;P 500 lost 0.2%, while the tech-heavy Nasdaq Composite also dipped 0.1%.</p><p><img src=\"https://static.tigerbbs.com/eec4ea72dfee5946b79cca222d2c85a0\" tg-width=\"1045\" tg-height=\"410\" referrerpolicy=\"no-referrer\"></p><p>Procter &amp; Gamble&nbsp;shares dipped 1% even after the consumer giant reported quarterly earnings that beat expectations&nbsp;with pandemic home care trends lingering and beauty sales picking up.</p><p>Johnson &amp; Johnson&nbsp;shares remained flat following&nbsp;better-than-expected earnings and revenue.The company also reported $100 million in first-quarter sales of its Covid-19 vaccine that's on hold in the U.S. while U.S. health regulators investigate a rare blood-clotting issue.</p><p>Another Dow component&nbsp;Travelers Companies&nbsp;also held steady despite quarterly results that topped Wall Street's estimates. The company also raised its quarterly cash dividend and approved an additional $5 billion of share buybacks.</p><p>“The key to determining that will be the sustainability of these earnings increases,” said Tom Essaye, founder of Sevens Report. “Most of the factors that are producing these blowout earnings results are typically considered one offs.”</p><p>Many on Wall Street believe much of the good news has already been priced into the market, which had been climbing steadily to record after record. The Dow and S&amp;P 500 closed at records on Friday and the Dow crossed above the 34,000 level for the first time ever last week.</p><p>The first-quarter earnings season got off to a strong start last week as the major U.S. banks reported. Financials earnings have topped expectations by 38%, while others in the S&amp;P 500 have surprised to the upside by 12%, according to data from Credit Suisse.</p><p>Tesla rebounded 1.7% after dropping more than 3% in the previous session as bitcoin — which makes up some of Tesla's balance sheet—tanked over the weekend&nbsp;after hitting an all-time high of $64,841 Wednesday morning, according to data from Coin Metrics.</p><p>Streaming giant&nbsp;Netflixis slated to release numbers after the bell. Wall Street analysts expected Netflix to remain a winner in the streaming space even as the pandemic recovery improves.</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 falls 100 points for a second day of losses as investors shrug off strong earnings</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 falls 100 points for a second day of losses as investors shrug off strong earnings\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\">2021-04-20 21:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stocks fell for a second day on Tuesday as strong corporate earnings failed to boost the market already near record highs.</p><p>The Dow Jones Industrial average fell 113 points. The S&amp;P 500 lost 0.2%, while the tech-heavy Nasdaq Composite also dipped 0.1%.</p><p><img src=\"https://static.tigerbbs.com/eec4ea72dfee5946b79cca222d2c85a0\" tg-width=\"1045\" tg-height=\"410\" referrerpolicy=\"no-referrer\"></p><p>Procter &amp; Gamble&nbsp;shares dipped 1% even after the consumer giant reported quarterly earnings that beat expectations&nbsp;with pandemic home care trends lingering and beauty sales picking up.</p><p>Johnson &amp; Johnson&nbsp;shares remained flat following&nbsp;better-than-expected earnings and revenue.The company also reported $100 million in first-quarter sales of its Covid-19 vaccine that's on hold in the U.S. while U.S. health regulators investigate a rare blood-clotting issue.</p><p>Another Dow component&nbsp;Travelers Companies&nbsp;also held steady despite quarterly results that topped Wall Street's estimates. The company also raised its quarterly cash dividend and approved an additional $5 billion of share buybacks.</p><p>“The key to determining that will be the sustainability of these earnings increases,” said Tom Essaye, founder of Sevens Report. “Most of the factors that are producing these blowout earnings results are typically considered one offs.”</p><p>Many on Wall Street believe much of the good news has already been priced into the market, which had been climbing steadily to record after record. The Dow and S&amp;P 500 closed at records on Friday and the Dow crossed above the 34,000 level for the first time ever last week.</p><p>The first-quarter earnings season got off to a strong start last week as the major U.S. banks reported. Financials earnings have topped expectations by 38%, while others in the S&amp;P 500 have surprised to the upside by 12%, according to data from Credit Suisse.</p><p>Tesla rebounded 1.7% after dropping more than 3% in the previous session as bitcoin — which makes up some of Tesla's balance sheet—tanked over the weekend&nbsp;after hitting an all-time high of $64,841 Wednesday morning, according to data from Coin Metrics.</p><p>Streaming giant&nbsp;Netflixis slated to release numbers after the bell. Wall Street analysts expected Netflix to remain a winner in the streaming space even as the pandemic recovery improves.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113293341","content_text":"U.S. stocks fell for a second day on Tuesday as strong corporate earnings failed to boost the market already near record highs.The Dow Jones Industrial average fell 113 points. The S&P 500 lost 0.2%, while the tech-heavy Nasdaq Composite also dipped 0.1%.Procter & Gamble shares dipped 1% even after the consumer giant reported quarterly earnings that beat expectations with pandemic home care trends lingering and beauty sales picking up.Johnson & Johnson shares remained flat following better-than-expected earnings and revenue.The company also reported $100 million in first-quarter sales of its Covid-19 vaccine that's on hold in the U.S. while U.S. health regulators investigate a rare blood-clotting issue.Another Dow component Travelers Companies also held steady despite quarterly results that topped Wall Street's estimates. The company also raised its quarterly cash dividend and approved an additional $5 billion of share buybacks.“The key to determining that will be the sustainability of these earnings increases,” said Tom Essaye, founder of Sevens Report. “Most of the factors that are producing these blowout earnings results are typically considered one offs.”Many on Wall Street believe much of the good news has already been priced into the market, which had been climbing steadily to record after record. The Dow and S&P 500 closed at records on Friday and the Dow crossed above the 34,000 level for the first time ever last week.The first-quarter earnings season got off to a strong start last week as the major U.S. banks reported. Financials earnings have topped expectations by 38%, while others in the S&P 500 have surprised to the upside by 12%, according to data from Credit Suisse.Tesla rebounded 1.7% after dropping more than 3% in the previous session as bitcoin — which makes up some of Tesla's balance sheet—tanked over the weekend after hitting an all-time high of $64,841 Wednesday morning, according to data from Coin Metrics.Streaming giant Netflixis slated to release numbers after the bell. Wall Street analysts expected Netflix to remain a winner in the streaming space even as the pandemic recovery improves.","news_type":1},"isVote":1,"tweetType":1,"viewCount":317,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":372997646,"gmtCreate":1619166208785,"gmtModify":1704720652441,"author":{"id":"3578344989334608","authorId":"3578344989334608","name":"Gecko88","avatar":"https://static.tigerbbs.com/5fec19cd9bef89bfc35988f09b32324a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578344989334608","authorIdStr":"3578344989334608"},"themes":[],"htmlText":"Tax the rich to help the poor.&nbsp;","listText":"Tax the rich to help the poor.&nbsp;","text":"Tax the rich to help the poor.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/372997646","repostId":"1141178573","repostType":4,"repost":{"id":"1141178573","kind":"news","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":1619147275,"share":"https://ttm.financial/m/news/1141178573?lang=&edition=fundamental","pubTime":"2021-04-23 11:07","market":"us","language":"en","title":"Biden to float historic tax increase on investment gains for the rich","url":"https://stock-news.laohu8.com/highlight/detail?id=1141178573","media":"Reuters","summary":"President Joe Biden will roll out a plan to raise taxes on the wealthiest Americans, including the l","content":"<p>President Joe Biden will roll out a plan to raise taxes on the wealthiest Americans, including the largest-ever increase in levies on investment gains, to fund about $1 trillion in childcare, universal pre-kindergarten education and paid leave for workers, sources familiar with the proposal said.</p><p>The plan is part of the White House's push for a sweeping overhaul of the U.S. tax system to make rich people and big companies pay more and help foot the bill for Biden's ambitious economic agenda. The proposal calls for increasing the top marginal income tax rate to 39.6% from 37%, the sources said this week. It would also nearly double taxes on capital gains to 39.6% for people earning more than $1 million.</p><p>That would be the highest tax rate on investment gains, which are mostly paid by the wealthiest Americans, since the 1920s. The rate has not exceeded 33.8% in the post-World War Two era.</p><p>News of the proposal- which was a staple of Biden’s presidential campaign platform - triggered sharp declines on Wall Street, with the benchmark S&amp;P 500 index(.SPX)down 1% in early afternoon, its steepest drop in more than a month.</p><p>Any such hike would need to go through Congress, where Biden's Democratic Party holds narrow majorities and is unlikely to win support from Republicans. It is also unclear if it would have the unanimous backing of congressional Democrats, which would be essential in the Senate where each party holds 50 seats.</p><p>\"If it had a chance of passing, we'd be down 2,000 points,\" said Thomas Hayes, chairman and managing member at hedge fund Great Hill Capital LLC, referring to stock market indexes.</p><p>Sources said details would be released next week before Biden's address to Congress on Wednesday. Details of the plan may change in coming days. White House officials are debating other possible tax increases that could ultimately be included such as capping deductions for wealthy taxpayers or increasing the estate tax, sources told Reuters.</p><p>Biden has promised not to raise taxes on households earning less than $400,000.</p><p>Tax details related to the plan, which has been in the works for months, were first reported by the New York Times on Thursday morning.</p><p>White House press secretary Jen Psaki said the president would discuss his \"American Families Plan\" during his speech to Congress but declined to comment on any details.</p><p>She said the administration had not yet finalized funding plans but stressed Biden's determination to make the wealthy and companies pay for new programs.</p><p>\"His view is that that should be on the backs ... of the wealthiest Americans who can afford it and corporations and businesses who can afford it,\" Psaki said.</p><p><img src=\"https://static.tigerbbs.com/3ac23774dc0b788c1569e6bfa03da03d\" tg-width=\"6754\" tg-height=\"4701\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/b90dcdfac3c849d0483fcf1eaee00814\" tg-width=\"7824\" tg-height=\"5219\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/3ac23774dc0b788c1569e6bfa03da03d\" tg-width=\"6754\" tg-height=\"4701\" referrerpolicy=\"no-referrer\"></p><p><i>U.S. President Joe Biden speaks in the Cross Hall at the White House in Washington, U.S., April 20, 2021. REUTERS/Tom Brenner</i></p><p>She said Biden and his economic team did not believe the measures would have a negative impact on investment in the United States.</p><p>Yields on Treasuries, which move in the opposite direction to their price, fell to the day's low.</p><p><b>CAPITAL GAINS</b></p><p>Biden's new plan, likely to generate about $1 trillion, comes after a $2.3 trillion jobs and infrastructure proposal that has already run into stiff opposition from Republicans. They generally support funding infrastructure projects but oppose Biden's inclusion of priorities like expanding eldercare and asking corporate America to pay the tab.</p><p>Tax hikes on the wealthy could harden Republicans' resistance against Biden's latest \"human\" infrastructure plan, forcing Democrats to consider pushing it - or least some of the measures - through Congress using a party-line budget vote known as reconciliation.</p><p>Senator Joe Manchin, a moderate Democrat from West Virginia who wields outsize power due to the party's slim majority, said recently said he was wary of expanding the use of reconciliation.</p><p>Biden's proposal should be viewed as an aggressive negotiating tactic, said Steve Chiavarone, a portfolio manager and equity strategist at Federated Hermes.</p><p>\"You should expect that you will get at least initially the biggest, baddest, most progressive policy proposals with the understanding that they won't get everything they want but define the scope of the negotiation. Maybe Biden doesn’t get 39%, he will get 29%\" tax rate, he said.</p><p>Wealthy Americans could face an overall federal capital gains tax rate of 43.4% including the 3.8% net investment tax on individuals with income of $200,000 or more ($250,000 married filing jointly). The latter helps fund the Affordable Care Act, popularly known as Obamacare.</p><p>Currently, those earning more than $200,000 pay a capital gains rate of about 23.8% including the Obamacare net investment tax instituted as part of that law. For tax year 2021, the top marginal tax rate remains 37% for individual single taxpayers with incomes greater than $523,600 and $628,300 for married couples filing jointly.</p><p>Erica York, an economist at the Tax Foundation, said the proposal would put U.S. capital gains taxes at the top of the global charts. Average capital gains taxes in Europe are around 19.3%, and the highest rate there is in Denmark, which collects 42%. France and Finland charge 34%.</p><p>For residents of some states and cities that assess their own capital gains levy, Biden’s plan would push the total capital gains rate to more than 50%, York said. The rate would rise to 56.7% in California, 68.2% in New York City and 57.3% in Portland, Oregon, York said.</p><p><b>Goldman Says \"No Surprise\" In Biden Cap Gains Proposal, Sees Congress Settling On 28% Tax Rate</b></p><p>Today the market freaked out when Bloomberg reported that the Biden Administration will propose to tax capital gains at the top ordinary income tax rate (39.6%, or 43.4% when the existing 3.8% tax on net investment income tax is added).</p><p>Well, according to Goldman, this is nothing more than the latest pipe dream trial balloon from progressives, one which won't actually take place and instead has been floated to set the negotiation \"ask\", with Goldman expecting that<b>\"Congress will settle on a more modest increase, potentially around 28%.\"</b>As such there are no actual \"surprises\" in the proposal which has been floated in this exact format previously, and while it remains unclear when the tax rate increase would be effective, the bank's economists \"think it is unlikely to apply to gains realized before May, and an increase effective Jan. 1, 2022 is more likely.\"</p><p>1.Bloomberg hasreportedthat the Biden Administration will propose to raise the federal capital gains tax rate to 39.6%, also the top marginal income tax rate under President Biden’s proposal. In addition to 3.8% tax on net investment income that Congress established in 2009, the combined rate would be 43.4%.<b>We had expected the President to propose this as part of his “American Families Plan” and the proposal comes as no surprise.</b>This proposal would apply to taxpayers with annual incomes over $1 million, and would likely also apply to qualified dividends, which are currently taxed at the same rate as capital gains. We note that the Biden campaign also proposed eliminating the step-up in basis on inherited assets, which would result in much larger taxable gains on those assets once sold.</p><p><b>2. We expect Congress will pass a scaled back version of this tax increase.</b>While it is possible that Congress might pass the proposal in its entirety,<b>we think a moderated version is more likely in light of the razor-thin majorities in the House and Senate. At 43.4%, long-term capital gains would be taxed at the highest rate in the more than 100 years since Congress established the income tax. A 28% rate looks most likely, in our view, as it is roughly halfway between the current rate and Biden’s likely proposal.</b>This is also the rate that President Reagan and a Democratic House settled on a few decades ago when raising the tax from 20%.</p><p>3. The issue will likely remain in flux over the next several months. We expect President Biden to discuss the issue among many other topics when he addresses a joint session of Congress on April 28. By early May, the Biden Administration might also release its full fiscal year 2022 budget submission to Congress, which would provide more details on tax proposals including capital gains. However, the timing of this release remains unclear. In the interim,<b>comments from centrist Senate Democrats, such as Sens. Joe Manchin (D-W Va.) and Kyrsten Sinema (D-Ariz.),could clarify where key swing voters might come out on the issue</b>.</p><p>4. It is unclear when the higher rate would be effective, but we see three main options.</p><ul><li>First, Congress has occasionally made tax policies effective as of the date when the bill is introduced in the House of Representatives. This would likely be no earlier than May.</li><li>A second option would be to make the higher tax rate effective for gains realized after the bill is enacted into law, which we think will be sometime between July and September.</li><li>The third option would be an increase effective on January 1, 2022. We note that the last time Congress legislated an increase in the rate, the policy became law in October 1986 but the increase did not take effect until January 1987.</li></ul><p>While a retroactive increase cannot be ruled out entirely, we believe it is very unlikely that it would apply to gains realized before May 2021 (at earliest).</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>Biden to float historic tax increase on investment gains for the rich</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\">\nBiden to float historic tax increase on investment gains for the rich\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\">2021-04-23 11:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>President Joe Biden will roll out a plan to raise taxes on the wealthiest Americans, including the largest-ever increase in levies on investment gains, to fund about $1 trillion in childcare, universal pre-kindergarten education and paid leave for workers, sources familiar with the proposal said.</p><p>The plan is part of the White House's push for a sweeping overhaul of the U.S. tax system to make rich people and big companies pay more and help foot the bill for Biden's ambitious economic agenda. The proposal calls for increasing the top marginal income tax rate to 39.6% from 37%, the sources said this week. It would also nearly double taxes on capital gains to 39.6% for people earning more than $1 million.</p><p>That would be the highest tax rate on investment gains, which are mostly paid by the wealthiest Americans, since the 1920s. The rate has not exceeded 33.8% in the post-World War Two era.</p><p>News of the proposal- which was a staple of Biden’s presidential campaign platform - triggered sharp declines on Wall Street, with the benchmark S&amp;P 500 index(.SPX)down 1% in early afternoon, its steepest drop in more than a month.</p><p>Any such hike would need to go through Congress, where Biden's Democratic Party holds narrow majorities and is unlikely to win support from Republicans. It is also unclear if it would have the unanimous backing of congressional Democrats, which would be essential in the Senate where each party holds 50 seats.</p><p>\"If it had a chance of passing, we'd be down 2,000 points,\" said Thomas Hayes, chairman and managing member at hedge fund Great Hill Capital LLC, referring to stock market indexes.</p><p>Sources said details would be released next week before Biden's address to Congress on Wednesday. Details of the plan may change in coming days. White House officials are debating other possible tax increases that could ultimately be included such as capping deductions for wealthy taxpayers or increasing the estate tax, sources told Reuters.</p><p>Biden has promised not to raise taxes on households earning less than $400,000.</p><p>Tax details related to the plan, which has been in the works for months, were first reported by the New York Times on Thursday morning.</p><p>White House press secretary Jen Psaki said the president would discuss his \"American Families Plan\" during his speech to Congress but declined to comment on any details.</p><p>She said the administration had not yet finalized funding plans but stressed Biden's determination to make the wealthy and companies pay for new programs.</p><p>\"His view is that that should be on the backs ... of the wealthiest Americans who can afford it and corporations and businesses who can afford it,\" Psaki said.</p><p><img src=\"https://static.tigerbbs.com/3ac23774dc0b788c1569e6bfa03da03d\" tg-width=\"6754\" tg-height=\"4701\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/b90dcdfac3c849d0483fcf1eaee00814\" tg-width=\"7824\" tg-height=\"5219\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/3ac23774dc0b788c1569e6bfa03da03d\" tg-width=\"6754\" tg-height=\"4701\" referrerpolicy=\"no-referrer\"></p><p><i>U.S. President Joe Biden speaks in the Cross Hall at the White House in Washington, U.S., April 20, 2021. REUTERS/Tom Brenner</i></p><p>She said Biden and his economic team did not believe the measures would have a negative impact on investment in the United States.</p><p>Yields on Treasuries, which move in the opposite direction to their price, fell to the day's low.</p><p><b>CAPITAL GAINS</b></p><p>Biden's new plan, likely to generate about $1 trillion, comes after a $2.3 trillion jobs and infrastructure proposal that has already run into stiff opposition from Republicans. They generally support funding infrastructure projects but oppose Biden's inclusion of priorities like expanding eldercare and asking corporate America to pay the tab.</p><p>Tax hikes on the wealthy could harden Republicans' resistance against Biden's latest \"human\" infrastructure plan, forcing Democrats to consider pushing it - or least some of the measures - through Congress using a party-line budget vote known as reconciliation.</p><p>Senator Joe Manchin, a moderate Democrat from West Virginia who wields outsize power due to the party's slim majority, said recently said he was wary of expanding the use of reconciliation.</p><p>Biden's proposal should be viewed as an aggressive negotiating tactic, said Steve Chiavarone, a portfolio manager and equity strategist at Federated Hermes.</p><p>\"You should expect that you will get at least initially the biggest, baddest, most progressive policy proposals with the understanding that they won't get everything they want but define the scope of the negotiation. Maybe Biden doesn’t get 39%, he will get 29%\" tax rate, he said.</p><p>Wealthy Americans could face an overall federal capital gains tax rate of 43.4% including the 3.8% net investment tax on individuals with income of $200,000 or more ($250,000 married filing jointly). The latter helps fund the Affordable Care Act, popularly known as Obamacare.</p><p>Currently, those earning more than $200,000 pay a capital gains rate of about 23.8% including the Obamacare net investment tax instituted as part of that law. For tax year 2021, the top marginal tax rate remains 37% for individual single taxpayers with incomes greater than $523,600 and $628,300 for married couples filing jointly.</p><p>Erica York, an economist at the Tax Foundation, said the proposal would put U.S. capital gains taxes at the top of the global charts. Average capital gains taxes in Europe are around 19.3%, and the highest rate there is in Denmark, which collects 42%. France and Finland charge 34%.</p><p>For residents of some states and cities that assess their own capital gains levy, Biden’s plan would push the total capital gains rate to more than 50%, York said. The rate would rise to 56.7% in California, 68.2% in New York City and 57.3% in Portland, Oregon, York said.</p><p><b>Goldman Says \"No Surprise\" In Biden Cap Gains Proposal, Sees Congress Settling On 28% Tax Rate</b></p><p>Today the market freaked out when Bloomberg reported that the Biden Administration will propose to tax capital gains at the top ordinary income tax rate (39.6%, or 43.4% when the existing 3.8% tax on net investment income tax is added).</p><p>Well, according to Goldman, this is nothing more than the latest pipe dream trial balloon from progressives, one which won't actually take place and instead has been floated to set the negotiation \"ask\", with Goldman expecting that<b>\"Congress will settle on a more modest increase, potentially around 28%.\"</b>As such there are no actual \"surprises\" in the proposal which has been floated in this exact format previously, and while it remains unclear when the tax rate increase would be effective, the bank's economists \"think it is unlikely to apply to gains realized before May, and an increase effective Jan. 1, 2022 is more likely.\"</p><p>1.Bloomberg hasreportedthat the Biden Administration will propose to raise the federal capital gains tax rate to 39.6%, also the top marginal income tax rate under President Biden’s proposal. In addition to 3.8% tax on net investment income that Congress established in 2009, the combined rate would be 43.4%.<b>We had expected the President to propose this as part of his “American Families Plan” and the proposal comes as no surprise.</b>This proposal would apply to taxpayers with annual incomes over $1 million, and would likely also apply to qualified dividends, which are currently taxed at the same rate as capital gains. We note that the Biden campaign also proposed eliminating the step-up in basis on inherited assets, which would result in much larger taxable gains on those assets once sold.</p><p><b>2. We expect Congress will pass a scaled back version of this tax increase.</b>While it is possible that Congress might pass the proposal in its entirety,<b>we think a moderated version is more likely in light of the razor-thin majorities in the House and Senate. At 43.4%, long-term capital gains would be taxed at the highest rate in the more than 100 years since Congress established the income tax. A 28% rate looks most likely, in our view, as it is roughly halfway between the current rate and Biden’s likely proposal.</b>This is also the rate that President Reagan and a Democratic House settled on a few decades ago when raising the tax from 20%.</p><p>3. The issue will likely remain in flux over the next several months. We expect President Biden to discuss the issue among many other topics when he addresses a joint session of Congress on April 28. By early May, the Biden Administration might also release its full fiscal year 2022 budget submission to Congress, which would provide more details on tax proposals including capital gains. However, the timing of this release remains unclear. In the interim,<b>comments from centrist Senate Democrats, such as Sens. Joe Manchin (D-W Va.) and Kyrsten Sinema (D-Ariz.),could clarify where key swing voters might come out on the issue</b>.</p><p>4. It is unclear when the higher rate would be effective, but we see three main options.</p><ul><li>First, Congress has occasionally made tax policies effective as of the date when the bill is introduced in the House of Representatives. This would likely be no earlier than May.</li><li>A second option would be to make the higher tax rate effective for gains realized after the bill is enacted into law, which we think will be sometime between July and September.</li><li>The third option would be an increase effective on January 1, 2022. We note that the last time Congress legislated an increase in the rate, the policy became law in October 1986 but the increase did not take effect until January 1987.</li></ul><p>While a retroactive increase cannot be ruled out entirely, we believe it is very unlikely that it would apply to gains realized before May 2021 (at earliest).</p>\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"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141178573","content_text":"President Joe Biden will roll out a plan to raise taxes on the wealthiest Americans, including the largest-ever increase in levies on investment gains, to fund about $1 trillion in childcare, universal pre-kindergarten education and paid leave for workers, sources familiar with the proposal said.The plan is part of the White House's push for a sweeping overhaul of the U.S. tax system to make rich people and big companies pay more and help foot the bill for Biden's ambitious economic agenda. The proposal calls for increasing the top marginal income tax rate to 39.6% from 37%, the sources said this week. It would also nearly double taxes on capital gains to 39.6% for people earning more than $1 million.That would be the highest tax rate on investment gains, which are mostly paid by the wealthiest Americans, since the 1920s. The rate has not exceeded 33.8% in the post-World War Two era.News of the proposal- which was a staple of Biden’s presidential campaign platform - triggered sharp declines on Wall Street, with the benchmark S&P 500 index(.SPX)down 1% in early afternoon, its steepest drop in more than a month.Any such hike would need to go through Congress, where Biden's Democratic Party holds narrow majorities and is unlikely to win support from Republicans. It is also unclear if it would have the unanimous backing of congressional Democrats, which would be essential in the Senate where each party holds 50 seats.\"If it had a chance of passing, we'd be down 2,000 points,\" said Thomas Hayes, chairman and managing member at hedge fund Great Hill Capital LLC, referring to stock market indexes.Sources said details would be released next week before Biden's address to Congress on Wednesday. Details of the plan may change in coming days. White House officials are debating other possible tax increases that could ultimately be included such as capping deductions for wealthy taxpayers or increasing the estate tax, sources told Reuters.Biden has promised not to raise taxes on households earning less than $400,000.Tax details related to the plan, which has been in the works for months, were first reported by the New York Times on Thursday morning.White House press secretary Jen Psaki said the president would discuss his \"American Families Plan\" during his speech to Congress but declined to comment on any details.She said the administration had not yet finalized funding plans but stressed Biden's determination to make the wealthy and companies pay for new programs.\"His view is that that should be on the backs ... of the wealthiest Americans who can afford it and corporations and businesses who can afford it,\" Psaki said.U.S. President Joe Biden speaks in the Cross Hall at the White House in Washington, U.S., April 20, 2021. REUTERS/Tom BrennerShe said Biden and his economic team did not believe the measures would have a negative impact on investment in the United States.Yields on Treasuries, which move in the opposite direction to their price, fell to the day's low.CAPITAL GAINSBiden's new plan, likely to generate about $1 trillion, comes after a $2.3 trillion jobs and infrastructure proposal that has already run into stiff opposition from Republicans. They generally support funding infrastructure projects but oppose Biden's inclusion of priorities like expanding eldercare and asking corporate America to pay the tab.Tax hikes on the wealthy could harden Republicans' resistance against Biden's latest \"human\" infrastructure plan, forcing Democrats to consider pushing it - or least some of the measures - through Congress using a party-line budget vote known as reconciliation.Senator Joe Manchin, a moderate Democrat from West Virginia who wields outsize power due to the party's slim majority, said recently said he was wary of expanding the use of reconciliation.Biden's proposal should be viewed as an aggressive negotiating tactic, said Steve Chiavarone, a portfolio manager and equity strategist at Federated Hermes.\"You should expect that you will get at least initially the biggest, baddest, most progressive policy proposals with the understanding that they won't get everything they want but define the scope of the negotiation. Maybe Biden doesn’t get 39%, he will get 29%\" tax rate, he said.Wealthy Americans could face an overall federal capital gains tax rate of 43.4% including the 3.8% net investment tax on individuals with income of $200,000 or more ($250,000 married filing jointly). The latter helps fund the Affordable Care Act, popularly known as Obamacare.Currently, those earning more than $200,000 pay a capital gains rate of about 23.8% including the Obamacare net investment tax instituted as part of that law. For tax year 2021, the top marginal tax rate remains 37% for individual single taxpayers with incomes greater than $523,600 and $628,300 for married couples filing jointly.Erica York, an economist at the Tax Foundation, said the proposal would put U.S. capital gains taxes at the top of the global charts. Average capital gains taxes in Europe are around 19.3%, and the highest rate there is in Denmark, which collects 42%. France and Finland charge 34%.For residents of some states and cities that assess their own capital gains levy, Biden’s plan would push the total capital gains rate to more than 50%, York said. The rate would rise to 56.7% in California, 68.2% in New York City and 57.3% in Portland, Oregon, York said.Goldman Says \"No Surprise\" In Biden Cap Gains Proposal, Sees Congress Settling On 28% Tax RateToday the market freaked out when Bloomberg reported that the Biden Administration will propose to tax capital gains at the top ordinary income tax rate (39.6%, or 43.4% when the existing 3.8% tax on net investment income tax is added).Well, according to Goldman, this is nothing more than the latest pipe dream trial balloon from progressives, one which won't actually take place and instead has been floated to set the negotiation \"ask\", with Goldman expecting that\"Congress will settle on a more modest increase, potentially around 28%.\"As such there are no actual \"surprises\" in the proposal which has been floated in this exact format previously, and while it remains unclear when the tax rate increase would be effective, the bank's economists \"think it is unlikely to apply to gains realized before May, and an increase effective Jan. 1, 2022 is more likely.\"1.Bloomberg hasreportedthat the Biden Administration will propose to raise the federal capital gains tax rate to 39.6%, also the top marginal income tax rate under President Biden’s proposal. In addition to 3.8% tax on net investment income that Congress established in 2009, the combined rate would be 43.4%.We had expected the President to propose this as part of his “American Families Plan” and the proposal comes as no surprise.This proposal would apply to taxpayers with annual incomes over $1 million, and would likely also apply to qualified dividends, which are currently taxed at the same rate as capital gains. We note that the Biden campaign also proposed eliminating the step-up in basis on inherited assets, which would result in much larger taxable gains on those assets once sold.2. We expect Congress will pass a scaled back version of this tax increase.While it is possible that Congress might pass the proposal in its entirety,we think a moderated version is more likely in light of the razor-thin majorities in the House and Senate. At 43.4%, long-term capital gains would be taxed at the highest rate in the more than 100 years since Congress established the income tax. A 28% rate looks most likely, in our view, as it is roughly halfway between the current rate and Biden’s likely proposal.This is also the rate that President Reagan and a Democratic House settled on a few decades ago when raising the tax from 20%.3. The issue will likely remain in flux over the next several months. We expect President Biden to discuss the issue among many other topics when he addresses a joint session of Congress on April 28. By early May, the Biden Administration might also release its full fiscal year 2022 budget submission to Congress, which would provide more details on tax proposals including capital gains. However, the timing of this release remains unclear. In the interim,comments from centrist Senate Democrats, such as Sens. Joe Manchin (D-W Va.) and Kyrsten Sinema (D-Ariz.),could clarify where key swing voters might come out on the issue.4. It is unclear when the higher rate would be effective, but we see three main options.First, Congress has occasionally made tax policies effective as of the date when the bill is introduced in the House of Representatives. This would likely be no earlier than May.A second option would be to make the higher tax rate effective for gains realized after the bill is enacted into law, which we think will be sometime between July and September.The third option would be an increase effective on January 1, 2022. We note that the last time Congress legislated an increase in the rate, the policy became law in October 1986 but the increase did not take effect until January 1987.While a retroactive increase cannot be ruled out entirely, we believe it is very unlikely that it would apply to gains realized before May 2021 (at earliest).","news_type":1},"isVote":1,"tweetType":1,"viewCount":387,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372936370,"gmtCreate":1619166753990,"gmtModify":1704720661850,"author":{"id":"3578344989334608","authorId":"3578344989334608","name":"Gecko88","avatar":"https://static.tigerbbs.com/5fec19cd9bef89bfc35988f09b32324a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578344989334608","authorIdStr":"3578344989334608"},"themes":[],"htmlText":"What goes up will come down again.&nbsp;","listText":"What goes up will come down again.&nbsp;","text":"What goes up will come down again.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372936370","repostId":"2129803357","repostType":4,"repost":{"id":"2129803357","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1619035258,"share":"https://ttm.financial/m/news/2129803357?lang=&edition=fundamental","pubTime":"2021-04-22 04:00","market":"us","language":"en","title":"Wall Street rebounds after two-day decline; Netflix slides","url":"https://stock-news.laohu8.com/highlight/detail?id=2129803357","media":"Reuters","summary":"Nasdaq index outshines S&P 500 at closeNetflix falls as subscriber growth slowsVerizon shares fall a","content":"<ul><li>Nasdaq index outshines S&amp;P 500 at close</li><li>Netflix falls as subscriber growth slows</li><li>Verizon shares fall after Q1 results</li></ul><p>NEW YORK/BANGALORE, April 21 (Reuters) - Wall Street rallied on Wednesday, rebounding from a two-day decline, as a tilt toward stocks poised to benefit from a recovering economy offset Netflix Inc's    sell-off after its disappointing results.</p><p>Shares of Netflix slumped a day after the world's largest streaming service said slower production of TV shows and movies during the pandemic hurt subscriber growth in the first quarter.</p><p>But stocks rallied throughout the day, building steam as the tech-heavy Nasdaq overtook the S&amp;P 500 in percentage gain shortly before the close.</p><p>Intuitive Surgical Inc    surged to an all-time high as its results trounced estimates. The maker of robotic surgical systems vied with Microsoft Corp    and Tesla Inc    for much of the session as the biggest contributor to the S&amp;P 500's    upside.</p><p>Nine of the 11 S&amp;P 500 sectors rose, with communication services   , led by Netflix, and the defensive utilities&nbsp;sectors falling.</p><p>Economically sensitive value stocks    rose at about double the gain in growth    as measured by the Russell 1000 indexes.</p><p>\"You take Netflix out of today's equation, it's simply a broad-based rally,\" said JJ Kinahan, chief market strategist at TD Ameritrade, adding technology shares still had room to run.</p><p>The VIX, CBOE's market volatility index, slid below 18, suggesting the market in days to come could be range-bound while also shrugging off a rebound in COVID infections, he said.</p><p>Analysts expect S&amp;P 500 companies to post first-quarter earnings growth of 30.9% from a year earlier, Refinitiv IBES data shows.</p><p>Netflix's results dashed expectations but technology remains a major market focus.</p><p>\"Investors feel more confident of the earnings growth prospects for technology,\" said Sam Stovall, chief investment strategist at CFRA Research in New York. \"They would rather gravitate toward the sure thing, which right now is tech stocks.\"</p><p>Unofficially, the Dow Jones Industrial Average    rose 0.94% to 34,139.02, the S&amp;P 500    gained 0.93% to 4,173.46 and the Nasdaq Composite    added 1.19% to 13,950.22.</p><p>Verizon Communications Inc    slid after it lost more wireless subscribers than expected in the first quarter. Shares of <a href=\"https://laohu8.com/S/TMUS\">T-Mobile US Inc</a>    and AT&amp;T Inc    rose.</p><p>U.S. railroad operator CSX Corp    fell after it missed estimates for first-quarter profit, hurt by frigid polar vortex temperatures, ongoing pandemic disruptions and higher fuel costs.</p><p>(Reporting by Herbert Lash, additional reporting by Shreyashi Sanyal and Devik Jain in Bengaluru; Editing by Anil D'Silva, Sriraj Kalluvila and Arun Koyyur and Richard Chang)</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>Wall Street rebounds after two-day decline; Netflix slides</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\">\nWall Street rebounds after two-day decline; Netflix slides\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\">2021-04-22 04:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul><li>Nasdaq index outshines S&amp;P 500 at close</li><li>Netflix falls as subscriber growth slows</li><li>Verizon shares fall after Q1 results</li></ul><p>NEW YORK/BANGALORE, April 21 (Reuters) - Wall Street rallied on Wednesday, rebounding from a two-day decline, as a tilt toward stocks poised to benefit from a recovering economy offset Netflix Inc's    sell-off after its disappointing results.</p><p>Shares of Netflix slumped a day after the world's largest streaming service said slower production of TV shows and movies during the pandemic hurt subscriber growth in the first quarter.</p><p>But stocks rallied throughout the day, building steam as the tech-heavy Nasdaq overtook the S&amp;P 500 in percentage gain shortly before the close.</p><p>Intuitive Surgical Inc    surged to an all-time high as its results trounced estimates. The maker of robotic surgical systems vied with Microsoft Corp    and Tesla Inc    for much of the session as the biggest contributor to the S&amp;P 500's    upside.</p><p>Nine of the 11 S&amp;P 500 sectors rose, with communication services   , led by Netflix, and the defensive utilities&nbsp;sectors falling.</p><p>Economically sensitive value stocks    rose at about double the gain in growth    as measured by the Russell 1000 indexes.</p><p>\"You take Netflix out of today's equation, it's simply a broad-based rally,\" said JJ Kinahan, chief market strategist at TD Ameritrade, adding technology shares still had room to run.</p><p>The VIX, CBOE's market volatility index, slid below 18, suggesting the market in days to come could be range-bound while also shrugging off a rebound in COVID infections, he said.</p><p>Analysts expect S&amp;P 500 companies to post first-quarter earnings growth of 30.9% from a year earlier, Refinitiv IBES data shows.</p><p>Netflix's results dashed expectations but technology remains a major market focus.</p><p>\"Investors feel more confident of the earnings growth prospects for technology,\" said Sam Stovall, chief investment strategist at CFRA Research in New York. \"They would rather gravitate toward the sure thing, which right now is tech stocks.\"</p><p>Unofficially, the Dow Jones Industrial Average    rose 0.94% to 34,139.02, the S&amp;P 500    gained 0.93% to 4,173.46 and the Nasdaq Composite    added 1.19% to 13,950.22.</p><p>Verizon Communications Inc    slid after it lost more wireless subscribers than expected in the first quarter. Shares of <a href=\"https://laohu8.com/S/TMUS\">T-Mobile US Inc</a>    and AT&amp;T Inc    rose.</p><p>U.S. railroad operator CSX Corp    fell after it missed estimates for first-quarter profit, hurt by frigid polar vortex temperatures, ongoing pandemic disruptions and higher fuel costs.</p><p>(Reporting by Herbert Lash, additional reporting by Shreyashi Sanyal and Devik Jain in Bengaluru; Editing by Anil D'Silva, Sriraj Kalluvila and Arun Koyyur and Richard Chang)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TMUS":"T-Mobile US Inc","CSX":"CSX运输",".SPX":"S&P 500 Index","NFLX":"奈飞","TSLA":"特斯拉","ISRG":"直觉外科公司","VZ":"威瑞森","MSFT":"微软",".DJI":"道琼斯","QNETCN":"纳斯达克中美互联网老虎指数","T":"美国电话电报",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129803357","content_text":"Nasdaq index outshines S&P 500 at closeNetflix falls as subscriber growth slowsVerizon shares fall after Q1 resultsNEW YORK/BANGALORE, April 21 (Reuters) - Wall Street rallied on Wednesday, rebounding from a two-day decline, as a tilt toward stocks poised to benefit from a recovering economy offset Netflix Inc's    sell-off after its disappointing results.Shares of Netflix slumped a day after the world's largest streaming service said slower production of TV shows and movies during the pandemic hurt subscriber growth in the first quarter.But stocks rallied throughout the day, building steam as the tech-heavy Nasdaq overtook the S&P 500 in percentage gain shortly before the close.Intuitive Surgical Inc    surged to an all-time high as its results trounced estimates. The maker of robotic surgical systems vied with Microsoft Corp    and Tesla Inc    for much of the session as the biggest contributor to the S&P 500's    upside.Nine of the 11 S&P 500 sectors rose, with communication services   , led by Netflix, and the defensive utilities sectors falling.Economically sensitive value stocks    rose at about double the gain in growth    as measured by the Russell 1000 indexes.\"You take Netflix out of today's equation, it's simply a broad-based rally,\" said JJ Kinahan, chief market strategist at TD Ameritrade, adding technology shares still had room to run.The VIX, CBOE's market volatility index, slid below 18, suggesting the market in days to come could be range-bound while also shrugging off a rebound in COVID infections, he said.Analysts expect S&P 500 companies to post first-quarter earnings growth of 30.9% from a year earlier, Refinitiv IBES data shows.Netflix's results dashed expectations but technology remains a major market focus.\"Investors feel more confident of the earnings growth prospects for technology,\" said Sam Stovall, chief investment strategist at CFRA Research in New York. \"They would rather gravitate toward the sure thing, which right now is tech stocks.\"Unofficially, the Dow Jones Industrial Average    rose 0.94% to 34,139.02, the S&P 500    gained 0.93% to 4,173.46 and the Nasdaq Composite    added 1.19% to 13,950.22.Verizon Communications Inc    slid after it lost more wireless subscribers than expected in the first quarter. Shares of T-Mobile US Inc    and AT&T Inc    rose.U.S. railroad operator CSX Corp    fell after it missed estimates for first-quarter profit, hurt by frigid polar vortex temperatures, ongoing pandemic disruptions and higher fuel costs.(Reporting by Herbert Lash, additional reporting by Shreyashi Sanyal and Devik Jain in Bengaluru; Editing by Anil D'Silva, Sriraj Kalluvila and Arun Koyyur and Richard Chang)","news_type":1},"isVote":1,"tweetType":1,"viewCount":329,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372938668,"gmtCreate":1619166653554,"gmtModify":1704720660220,"author":{"id":"3578344989334608","authorId":"3578344989334608","name":"Gecko88","avatar":"https://static.tigerbbs.com/5fec19cd9bef89bfc35988f09b32324a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578344989334608","authorIdStr":"3578344989334608"},"themes":[],"htmlText":"Automation is the next big thing.&nbsp;","listText":"Automation is the next big thing.&nbsp;","text":"Automation is the next big thing.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372938668","repostId":"2129829074","repostType":4,"repost":{"id":"2129829074","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":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":{"CRCT":"Cricut, Inc.","TERN":"Terns Pharmaceuticals, 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":511,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372931166,"gmtCreate":1619166502455,"gmtModify":1704720658442,"author":{"id":"3578344989334608","authorId":"3578344989334608","name":"Gecko88","avatar":"https://static.tigerbbs.com/5fec19cd9bef89bfc35988f09b32324a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578344989334608","authorIdStr":"3578344989334608"},"themes":[],"htmlText":"Wow, I will definitely invest to become rich.&nbsp;","listText":"Wow, I will definitely invest to become rich.&nbsp;","text":"Wow, I will definitely invest to become rich.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372931166","repostId":"2129938659","repostType":4,"repost":{"id":"2129938659","kind":"highlight","pubTimestamp":1619086705,"share":"https://ttm.financial/m/news/2129938659?lang=&edition=fundamental","pubTime":"2021-04-22 18:18","market":"us","language":"en","title":"5 Stocks That Can Turn $100,000 Into $400,000 This Decade","url":"https://stock-news.laohu8.com/highlight/detail?id=2129938659","media":"Motley Fool","summary":"These game-changing businesses can make investors rich.","content":"<p>The stock market provides a pathway for tens of millions of Americans to work their way toward financial freedom. Although big gains don't happen overnight, patience pays off when it comes to investing in great businesses.</p>\n<p>For example, the broad-based <b>S&amp;P 500</b>, which is home to 500 of the largest multinational companies by market cap, has generated an annual average total return, including dividends, of more than 10% for the past four decades. People who chose to reinvest their dividends could double their initial investment in an S&amp;P 500 tracking index in about seven years.</p>\n<p>There's zero shame in pacing the market and building wealth. But there are also plenty of companies worth buying that can handily outpace the S&amp;P 500 over the longer term. If you were to invest $100,000 into these five stocks right now, it's my belief you'll have $400,000 or more by the end of the decade.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/143422e972067a40e53697240fb597a4\" tg-width=\"700\" tg-height=\"491\"><span>Image source: Getty Images.</span></p>\n<h2><a href=\"https://laohu8.com/S/CRM\">Salesforce</a>.com</h2>\n<p>First up is cloud-based customer relationship management (CRM) software provider <b>salesforce.com </b>(NYSE:CRM). CRM software is used by consumer-facing businesses to log customer info, resolve service and product issues, manage marketing campaigns, and provide predictive sales analyses for existing customers, among other things.</p>\n<p>CRM software is an annual double-digit growth opportunity throughout the decade, and salesforce is the lion that sits atop this growth trend. In the first half of 2020, salesforce controlled 19.8% of all global CRM revenue, according to IDC. Comparatively, the next four companies behind it in global share don't add up to 19.8%.</p>\n<p>Salesforce is also in the midst of acquiring enterprise communications platform <b><a href=\"https://laohu8.com/S/WORK\">Slack Technologies</a></b>&nbsp;for $27.7 billion in a cash and stock deal. If completed, this purchase will allow salesforce to use Slack's platform to cross-sell its CRM solutions, as well as reach smaller (but often fast-growing) businesses.</p>\n<p>With CEO Marc Benioff setting a target of $50 billion in sales five years from now after reporting $21.25 billion in revenue in fiscal 2021, salesforce projects as <a href=\"https://laohu8.com/S/AONE\">one</a> of the decade's fastest-growing megacap stocks.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9e30b444a3e55d3f01be10032d32e251\" tg-width=\"700\" tg-height=\"452\"><span>Image source: Getty Images.</span></p>\n<h2>Cresco Labs</h2>\n<p>It's no secret that marijuana stocks have the potential to be <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the decade's top-performing industries. U.S. cannabis multistate operator (MSO) <b>Cresco Labs</b> (OTC:CRLBF) has all the tools necessary to deliver a 300% or greater gain for investors by 2030.</p>\n<p>Like other MSOs, Cresco has a burgeoning retail segment. It has 24 operational stores at the moment, with an additional five retail licenses in its back pocket. However, it has two pending acquisitions that'll bolster the total number of retail stores it can eventually open to closer to four dozen.</p>\n<p>What's interesting about Cresco's retail presence is that it's chosen a number of states where license issuance is limited. It's maxed out its retail footprint in Illinois and Ohio with 10 and five stores, respectively. By choosing states where license issuance is limited, Cresco is assuring itself a healthy share of cannabis revenue.</p>\n<p>However, the real allure of Cresco is its wholesale operations. As one of only a handful of companies with a cannabis distribution license in California, it's able to place its proprietary and third-party products into more than 575 dispensaries throughout the state. Despite wholesale margins being lower than retail, Cresco has the volume to make a fortune off of wholesale.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/86dde557e543a4e82531f33e33412739\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Pinterest.</span></p>\n<h2>Pinterest</h2>\n<p>Social media up-and-comer <b>Pinterest</b> (NYSE:PINS) is another company that can turn $100,000 into $400,000 this decade.</p>\n<p>Pinterest was a clear beneficiary of the coronavirus pandemic. With people stuck in their homes, they turned to social media for engagement. For Pinterest, this resulted in 124 million net new monthly active users (MAU), representing a 37% increase. Understand, though, that Pinterest's MAUs grew by an average of 30% annually in the three years preceding the pandemic.</p>\n<p>What makes Pinterest such a growth powerhouse is its allure outside the United States. On one hand, the average revenue it generates per user is a lot lower outside the U.S. Then again, this also gives the company the opportunity to double its average revenue per international user many times over this decade.</p>\n<p>Additionally, few if any social media platforms provide a more targeted audience to advertisers than Pinterest. This is a platform where users willingly post about the things, services, and places that interest them. This makes all Pinners potentially motivated shoppers for merchants that specialize in their desires.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bcd0950de1778cd86374141ec560b237\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>Northern Star Acquisition</h2>\n<p>Even though special purpose acquisition companies (SPAC) have been clobbered of late, the opportunity is simply too great to pass up with <b>Northern Star Acquisition</b> (NYSE:STIC). The SPAC is in the process of merging with dog-focused products and services company BarkBox, which should close sometime this quarter.</p>\n<p>Companion-animal spending might take a back seat to fast-growing trends like cannabis and social media, but it's about as surefire as it gets. It's been over a quarter of a century since spending on companion pets declined on a year-over-year basis. Time and again, pet owners have shown their willingness to spend freely to keep their four-legged friends happy and healthy. That's where BarkBox comes in.</p>\n<p>BarkBox is a technology-driven dog-focused company that's amassed 1.1 million subscribers, and its gross margins are north of 60%. It's recently been registering its highest monthly \"product retention\" rate since inception and has forecast a near doubling in sales between 2021 and 2023 to more than $700 million. In short, it's one of the fastest-growing pet stocks, yet is valued at one of the lowest sales multiples.</p>\n<p>BarkBox is also using innovation to drive sales growth. The introduction of Bark Home, which offers essentials like collars and dog beds, and Bark Eats, which provides a personalized dry-food diet to dog owners, can boost ticket size and bring in new customers.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0d49d28d45274d25f79f1ae0006a6294\" tg-width=\"700\" tg-height=\"520\"><span>Image source: Square.</span></p>\n<h2>Square</h2>\n<p>Last but certainly not least, fintech stock <b>Square</b> (NYSE:SQ) has all the tools necessary to shake things up in the financial services space and become an absolute giant. A 300% gain to $400,000 from $100,000 is probably undercutting its potential this decade.</p>\n<p>For nearly a decade, Square has been generating big bucks from its seller ecosystem. This segment, which provides point-of-sale devices and analytics to small businesses, has seen gross payment volume (GPV) surge from $6.2 billion in 2012 to $112.3 billion in 2020. Not counting the pandemic year, Square's seller ecosystem has grown GPV by an annual average of 49% since 2012.</p>\n<p>Equally exciting is the fact that Square's seller ecosystem has begun appealing to larger businesses. Whereas 24% of all GPV originated from merchants with at least $500,000 in annualized GPV in the fourth quarter of 2018, 30% of GPV in Q4 2020 came from merchants with annualized GPV over $500,000. Since this is a payment-driven segment, having bigger businesses using its platform can only pump up gross profit.</p>\n<p>However, the most exciting growth driver is peer-to-peer payment platform Cash App. In three years, Cash App's user base has more than quintupled to 36 million. Further, the company is bringing in $41 in gross profit per user and spending less than $5 to acquire each new user. With <b>Bitcoin</b>&nbsp;trading and investing exploding on Cash App in 2020, it has all the look of a game-changing platform for young investors.</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>5 Stocks That Can Turn $100,000 Into $400,000 This Decade</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Stocks That Can Turn $100,000 Into $400,000 This Decade\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 18:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/22/5-stocks-can-turn-100000-into-400000-this-decade/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The stock market provides a pathway for tens of millions of Americans to work their way toward financial freedom. Although big gains don't happen overnight, patience pays off when it comes to ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/22/5-stocks-can-turn-100000-into-400000-this-decade/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block","CRLBF":"Cresco Labs Inc.","CRM":"赛富时","PINS":"Pinterest, Inc."},"source_url":"https://www.fool.com/investing/2021/04/22/5-stocks-can-turn-100000-into-400000-this-decade/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129938659","content_text":"The stock market provides a pathway for tens of millions of Americans to work their way toward financial freedom. Although big gains don't happen overnight, patience pays off when it comes to investing in great businesses.\nFor example, the broad-based S&P 500, which is home to 500 of the largest multinational companies by market cap, has generated an annual average total return, including dividends, of more than 10% for the past four decades. People who chose to reinvest their dividends could double their initial investment in an S&P 500 tracking index in about seven years.\nThere's zero shame in pacing the market and building wealth. But there are also plenty of companies worth buying that can handily outpace the S&P 500 over the longer term. If you were to invest $100,000 into these five stocks right now, it's my belief you'll have $400,000 or more by the end of the decade.\nImage source: Getty Images.\nSalesforce.com\nFirst up is cloud-based customer relationship management (CRM) software provider salesforce.com (NYSE:CRM). CRM software is used by consumer-facing businesses to log customer info, resolve service and product issues, manage marketing campaigns, and provide predictive sales analyses for existing customers, among other things.\nCRM software is an annual double-digit growth opportunity throughout the decade, and salesforce is the lion that sits atop this growth trend. In the first half of 2020, salesforce controlled 19.8% of all global CRM revenue, according to IDC. Comparatively, the next four companies behind it in global share don't add up to 19.8%.\nSalesforce is also in the midst of acquiring enterprise communications platform Slack Technologies for $27.7 billion in a cash and stock deal. If completed, this purchase will allow salesforce to use Slack's platform to cross-sell its CRM solutions, as well as reach smaller (but often fast-growing) businesses.\nWith CEO Marc Benioff setting a target of $50 billion in sales five years from now after reporting $21.25 billion in revenue in fiscal 2021, salesforce projects as one of the decade's fastest-growing megacap stocks.\nImage source: Getty Images.\nCresco Labs\nIt's no secret that marijuana stocks have the potential to be one of the decade's top-performing industries. U.S. cannabis multistate operator (MSO) Cresco Labs (OTC:CRLBF) has all the tools necessary to deliver a 300% or greater gain for investors by 2030.\nLike other MSOs, Cresco has a burgeoning retail segment. It has 24 operational stores at the moment, with an additional five retail licenses in its back pocket. However, it has two pending acquisitions that'll bolster the total number of retail stores it can eventually open to closer to four dozen.\nWhat's interesting about Cresco's retail presence is that it's chosen a number of states where license issuance is limited. It's maxed out its retail footprint in Illinois and Ohio with 10 and five stores, respectively. By choosing states where license issuance is limited, Cresco is assuring itself a healthy share of cannabis revenue.\nHowever, the real allure of Cresco is its wholesale operations. As one of only a handful of companies with a cannabis distribution license in California, it's able to place its proprietary and third-party products into more than 575 dispensaries throughout the state. Despite wholesale margins being lower than retail, Cresco has the volume to make a fortune off of wholesale.\nImage source: Pinterest.\nPinterest\nSocial media up-and-comer Pinterest (NYSE:PINS) is another company that can turn $100,000 into $400,000 this decade.\nPinterest was a clear beneficiary of the coronavirus pandemic. With people stuck in their homes, they turned to social media for engagement. For Pinterest, this resulted in 124 million net new monthly active users (MAU), representing a 37% increase. Understand, though, that Pinterest's MAUs grew by an average of 30% annually in the three years preceding the pandemic.\nWhat makes Pinterest such a growth powerhouse is its allure outside the United States. On one hand, the average revenue it generates per user is a lot lower outside the U.S. Then again, this also gives the company the opportunity to double its average revenue per international user many times over this decade.\nAdditionally, few if any social media platforms provide a more targeted audience to advertisers than Pinterest. This is a platform where users willingly post about the things, services, and places that interest them. This makes all Pinners potentially motivated shoppers for merchants that specialize in their desires.\nImage source: Getty Images.\nNorthern Star Acquisition\nEven though special purpose acquisition companies (SPAC) have been clobbered of late, the opportunity is simply too great to pass up with Northern Star Acquisition (NYSE:STIC). The SPAC is in the process of merging with dog-focused products and services company BarkBox, which should close sometime this quarter.\nCompanion-animal spending might take a back seat to fast-growing trends like cannabis and social media, but it's about as surefire as it gets. It's been over a quarter of a century since spending on companion pets declined on a year-over-year basis. Time and again, pet owners have shown their willingness to spend freely to keep their four-legged friends happy and healthy. That's where BarkBox comes in.\nBarkBox is a technology-driven dog-focused company that's amassed 1.1 million subscribers, and its gross margins are north of 60%. It's recently been registering its highest monthly \"product retention\" rate since inception and has forecast a near doubling in sales between 2021 and 2023 to more than $700 million. In short, it's one of the fastest-growing pet stocks, yet is valued at one of the lowest sales multiples.\nBarkBox is also using innovation to drive sales growth. The introduction of Bark Home, which offers essentials like collars and dog beds, and Bark Eats, which provides a personalized dry-food diet to dog owners, can boost ticket size and bring in new customers.\nImage source: Square.\nSquare\nLast but certainly not least, fintech stock Square (NYSE:SQ) has all the tools necessary to shake things up in the financial services space and become an absolute giant. A 300% gain to $400,000 from $100,000 is probably undercutting its potential this decade.\nFor nearly a decade, Square has been generating big bucks from its seller ecosystem. This segment, which provides point-of-sale devices and analytics to small businesses, has seen gross payment volume (GPV) surge from $6.2 billion in 2012 to $112.3 billion in 2020. Not counting the pandemic year, Square's seller ecosystem has grown GPV by an annual average of 49% since 2012.\nEqually exciting is the fact that Square's seller ecosystem has begun appealing to larger businesses. Whereas 24% of all GPV originated from merchants with at least $500,000 in annualized GPV in the fourth quarter of 2018, 30% of GPV in Q4 2020 came from merchants with annualized GPV over $500,000. Since this is a payment-driven segment, having bigger businesses using its platform can only pump up gross profit.\nHowever, the most exciting growth driver is peer-to-peer payment platform Cash App. In three years, Cash App's user base has more than quintupled to 36 million. Further, the company is bringing in $41 in gross profit per user and spending less than $5 to acquire each new user. With Bitcoin trading and investing exploding on Cash App in 2020, it has all the look of a game-changing platform for young investors.","news_type":1},"isVote":1,"tweetType":1,"viewCount":289,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372995197,"gmtCreate":1619166027819,"gmtModify":1704720649856,"author":{"id":"3578344989334608","authorId":"3578344989334608","name":"Gecko88","avatar":"https://static.tigerbbs.com/5fec19cd9bef89bfc35988f09b32324a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578344989334608","authorIdStr":"3578344989334608"},"themes":[],"htmlText":"Wow, the price of Bitcoin is still very high, you must be very rich to invest in it.&nbsp;","listText":"Wow, the price of Bitcoin is still very high, you must be very rich to invest in it.&nbsp;","text":"Wow, the price of Bitcoin is still very high, you must be very rich to invest in it.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372995197","repostId":"1109677270","repostType":4,"repost":{"id":"1109677270","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1619165270,"share":"https://ttm.financial/m/news/1109677270?lang=&edition=fundamental","pubTime":"2021-04-23 16:07","market":"us","language":"en","title":"Why crypto stocks tumbled in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1109677270","media":"Tiger Newspress","summary":"Crypto stocks tumbled in premarket trading after Bitcoin falling more than 8% as cryptos stumble ove","content":"<p>Crypto stocks tumbled in premarket trading&nbsp;after&nbsp;Bitcoin falling more&nbsp;than&nbsp;8% as cryptos stumble over Biden tax plans.Canaan&nbsp;Inc.&nbsp;and&nbsp;Riot Blockchain&nbsp;fell&nbsp;more&nbsp;than&nbsp;9%,Marathon&nbsp;Digital,The9&nbsp;and&nbsp;SOS&nbsp;Limited&nbsp;fell&nbsp;nearly&nbsp;8%,Bit Digital&nbsp;fell&nbsp;nearly&nbsp;7%,Coinbase&nbsp;fell&nbsp;nearly&nbsp;4%.</p><p><img src=\"https://static.tigerbbs.com/8df1b71a6465ba625a78a685cbdd8d4f\" tg-width=\"415\" tg-height=\"543\" referrerpolicy=\"no-referrer\"></p><p>Bitcoin and other cryptocurrencies suffered hefty losses on Friday amid fears that U.S. President Joe Biden's plan to raise capital gains taxes will curb investment in digital assets.</p><p>Bitcoin slumped 8% to below $48000 / piece in a third straight session of losses while Ether and XPR suffered double digit tumbles.</p><p>\"The crypto currency came under fresh pressure on the Biden tax headlines,\" Deutsche Bank's Jim Reid wrote in a note to clients.</p><p>Bitcoin, the world's biggest cryptocurrency, is on track for a 15% loss on the week. However, the latest tumbles come in the wake of a sharp rally with Bitcoin still up 65% since the start of the year.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why crypto stocks tumbled in premarket 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\">\nWhy crypto stocks tumbled in premarket 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\">2021-04-23 16:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Crypto stocks tumbled in premarket trading&nbsp;after&nbsp;Bitcoin falling more&nbsp;than&nbsp;8% as cryptos stumble over Biden tax plans.Canaan&nbsp;Inc.&nbsp;and&nbsp;Riot Blockchain&nbsp;fell&nbsp;more&nbsp;than&nbsp;9%,Marathon&nbsp;Digital,The9&nbsp;and&nbsp;SOS&nbsp;Limited&nbsp;fell&nbsp;nearly&nbsp;8%,Bit Digital&nbsp;fell&nbsp;nearly&nbsp;7%,Coinbase&nbsp;fell&nbsp;nearly&nbsp;4%.</p><p><img src=\"https://static.tigerbbs.com/8df1b71a6465ba625a78a685cbdd8d4f\" tg-width=\"415\" tg-height=\"543\" referrerpolicy=\"no-referrer\"></p><p>Bitcoin and other cryptocurrencies suffered hefty losses on Friday amid fears that U.S. President Joe Biden's plan to raise capital gains taxes will curb investment in digital assets.</p><p>Bitcoin slumped 8% to below $48000 / piece in a third straight session of losses while Ether and XPR suffered double digit tumbles.</p><p>\"The crypto currency came under fresh pressure on the Biden tax headlines,\" Deutsche Bank's Jim Reid wrote in a note to clients.</p><p>Bitcoin, the world's biggest cryptocurrency, is on track for a 15% loss on the week. However, the latest tumbles come in the wake of a sharp rally with Bitcoin still up 65% since the start of the year.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NCTY":"第九城市","SOS":"SOS Limited","COIN":"Coinbase Global, Inc.","MARA":"MARA Holdings","CAN":"嘉楠科技","RIOT":"Riot Platforms","BTBT":"Bit Digital, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109677270","content_text":"Crypto stocks tumbled in premarket trading after Bitcoin falling more than 8% as cryptos stumble over Biden tax plans.Canaan Inc. and Riot Blockchain fell more than 9%,Marathon Digital,The9 and SOS Limited fell nearly 8%,Bit Digital fell nearly 7%,Coinbase fell nearly 4%.Bitcoin and other cryptocurrencies suffered hefty losses on Friday amid fears that U.S. President Joe Biden's plan to raise capital gains taxes will curb investment in digital assets.Bitcoin slumped 8% to below $48000 / piece in a third straight session of losses while Ether and XPR suffered double digit tumbles.\"The crypto currency came under fresh pressure on the Biden tax headlines,\" Deutsche Bank's Jim Reid wrote in a note to clients.Bitcoin, the world's biggest cryptocurrency, is on track for a 15% loss on the week. However, the latest tumbles come in the wake of a sharp rally with Bitcoin still up 65% since the start of the year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371888948,"gmtCreate":1618926942884,"gmtModify":1704717009839,"author":{"id":"3578344989334608","authorId":"3578344989334608","name":"Gecko88","avatar":"https://static.tigerbbs.com/5fec19cd9bef89bfc35988f09b32324a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578344989334608","authorIdStr":"3578344989334608"},"themes":[],"htmlText":"I would definitely go for Apple.&nbsp;","listText":"I would definitely go for Apple.&nbsp;","text":"I would definitely go for Apple.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/371888948","repostId":"2128849801","repostType":4,"repost":{"id":"2128849801","kind":"highlight","pubTimestamp":1618923964,"share":"https://ttm.financial/m/news/2128849801?lang=&edition=fundamental","pubTime":"2021-04-20 21:06","market":"us","language":"en","title":"Better Buy: Apple vs. IBM","url":"https://stock-news.laohu8.com/highlight/detail?id=2128849801","media":"Motley Fool","summary":"Should you follow Warren Buffett's lead and dump IBM stock to buy Apple?","content":"<p><b>Apple</b> (NASDAQ:AAPL) and <b><a href=\"https://laohu8.com/S/IBM\">IBM</a></b> (NYSE:IBM) are two tech giants that have generated very different returns for investors over the past decade.</p>\n<p>Apple's stock price has skyrocketed more than 1,000% as the iPhone has reshaped the mobile market. The iPad redefined tablet computers, the Apple Watch dominated the smartwatch market, and the company further expanded its hardware ecosystem with AirPods and HomePods. Apple also aggressively locked in its users with new subscription services like Apple Music, Apple TV+, and Apple Arcade.</p>\n<p>Meanwhile, IBM's stock price has declined 20% as the company has desperately tried to grow its revenue again. It's tried to expand its higher-growth cloud businesses to offset its declining business software, hardware, and IT services revenue, but those efforts have produced inconsistent results. Big Blue has also struggled to compete against <b>Amazon</b> (NASDAQ:AMZN), <b>Microsoft </b>(NASDAQ:MSFT), and other cloud giants.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2f0193c46e290e13c95a5514f952d998\" tg-width=\"700\" tg-height=\"451\"><span>Image source: Apple.</span></p>\n<p>The choice between Apple and IBM might seem like a simple <a href=\"https://laohu8.com/S/AONE\">one</a>. Even Warren Buffett's <b>Berkshire Hathaway</b> sold its&nbsp;entire stake in IBM and accumulated a big position in Apple in recent years. But are investors overestimating Apple's growth, and underestimating IBM's turnaround efforts?</p>\n<h2>Apple's growth is accelerating</h2>\n<p>Apple's revenue and earnings grew 6% and&nbsp;10%, respectively, in fiscal 2020, which ended last September. Its rising sales of Macs, iPads, Apple Watches, AirPods, and software services all offset a 3% drop in iPhone sales, which accounted for half of its full-year revenue.</p>\n<p>In the first quarter of 2021, Apple's revenue rose 21% year over year to $111.4 billion as it launched the iPhone 12, its first family of 5G devices. Its iPhone sales jumped 17% as all its other segments generated double-digit sales growth. Its services revenue rose 24% as it locked in over 600 million paid subscribers across its entire software ecosystem.</p>\n<p>Apple's sales also hit record highs across all its geographic regions, led by its 57% growth in Greater China. Its gross margin expanded, it bought back $24.8 billion in shares, and its earnings per share jumped 35%.</p>\n<p>Most analysts expect Apple to post its strongest year of iPhone sales since the iPhone 6 in&nbsp;2014. However, Apple also faces unresolved conflicts over its app store fees, and it clashes with online advertisers over its privacy changes in iOS 14.</p>\n<p>The Mac also faces fresh competition from <b>Alphabet</b>'s Chromebooks, which outpaced MacBooks in full-year shipments for the first time in 2020, according to IDC. The expansion of its services ecosystem could also encounter fierce resistance from streaming media giants like <b>Spotify </b>and <b>Netflix</b>.</p>\n<p>Despite the challenges, analysts expect Apple's revenue and earnings to grow 22% and 36%, respectively, this year as its strengths easily offset its potential weaknesses. Apple also ended the first quarter with nearly $196 billion in cash and equivalents, so it has plenty of ways to expand its business with fresh investments and acquisitions.</p>\n<h2>IBM will split into two companies</h2>\n<p>IBM's revenue and&nbsp;adjusted earnings declined 5% and 32%, respectively, in fiscal 2020, which aligns with the calendar year. Its total cloud revenue rose 19% to $25.1 billion, or 34% of its top line, but couldn't offset the soft demand for its legacy products and services throughout the crisis. Its gross margin expanded slightly, but its operating margin still declined.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7e0e8d81f304b06e79534de5399fbeb8\" tg-width=\"700\" tg-height=\"467\"><span>Image source: Getty Images.</span></p>\n<p>IBM's $34 billion acquisition of Red Hat, which it closed in mid-2019, didn't cushion the blow. Red Hat's revenue rose 18% in fiscal 2020, but postponed enterprise deals across IBM's other businesses wiped out those gains.</p>\n<p>Analysts expect IBM's revenue to rise&nbsp;less than 1% this year as its growth stabilizes in a post-pandemic world, and for its earnings to grow 27%. However, those estimates don't fully account for IBM's planned split into two companies later this year.</p>\n<p>CEO Arvind Krishna, who took the helm last April, plans to spin off IBM's slow-growth managed infrastructure services segment into a new company. The \"new\" IBM will then focus on expanding its higher-growth hybrid cloud and AI businesses with the support of Red Hat's open-source software.</p>\n<p>Krishna believes IBM can carve out a niche in hybrid cloud services, which link public cloud platforms to private clouds, but Amazon and Microsoft are also expanding their public cloud platforms with hybrid cloud services.</p>\n<p>IBM ended the year with $14.3 billion in cash on hand and marketable securities, which gives it some room for future cloud investments -- but it's still shouldering $61.5 billion in total debt, and $7.2 billion of that total matures within the year.</p>\n<p>Apple reported $107 billion in long-term debt last quarter, but its cash and equivalents still easily outweigh that debt -- and just $7.8 billion of its total debt matures within the year.</p>\n<h2>It's still an easy choice</h2>\n<p>Apple trades at 29 times forward earnings and pays a forward yield of just 0.6% on its dividend. IBM has a much lower forward P/E ratio of 11, and pays a much higher dividend yield of 4.9%. IBM might initially seem like a bargain, but it's cheap because it faces too many unpredictable headwinds.</p>\n<p>Meanwhile, Apple's valuation remains reasonable relative to its growth, and its path forward is much clearer. Therefore, I believe Apple will continue to outperform IBM for the foreseeable future.</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>Better Buy: Apple vs. IBM</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\">\nBetter Buy: Apple vs. IBM\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-20 21:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/20/better-buy-apple-vs-ibm/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple (NASDAQ:AAPL) and IBM (NYSE:IBM) are two tech giants that have generated very different returns for investors over the past decade.\nApple's stock price has skyrocketed more than 1,000% as the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/20/better-buy-apple-vs-ibm/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IBM":"IBM","AAPL":"苹果"},"source_url":"https://www.fool.com/investing/2021/04/20/better-buy-apple-vs-ibm/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2128849801","content_text":"Apple (NASDAQ:AAPL) and IBM (NYSE:IBM) are two tech giants that have generated very different returns for investors over the past decade.\nApple's stock price has skyrocketed more than 1,000% as the iPhone has reshaped the mobile market. The iPad redefined tablet computers, the Apple Watch dominated the smartwatch market, and the company further expanded its hardware ecosystem with AirPods and HomePods. Apple also aggressively locked in its users with new subscription services like Apple Music, Apple TV+, and Apple Arcade.\nMeanwhile, IBM's stock price has declined 20% as the company has desperately tried to grow its revenue again. It's tried to expand its higher-growth cloud businesses to offset its declining business software, hardware, and IT services revenue, but those efforts have produced inconsistent results. Big Blue has also struggled to compete against Amazon (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT), and other cloud giants.\nImage source: Apple.\nThe choice between Apple and IBM might seem like a simple one. Even Warren Buffett's Berkshire Hathaway sold its entire stake in IBM and accumulated a big position in Apple in recent years. But are investors overestimating Apple's growth, and underestimating IBM's turnaround efforts?\nApple's growth is accelerating\nApple's revenue and earnings grew 6% and 10%, respectively, in fiscal 2020, which ended last September. Its rising sales of Macs, iPads, Apple Watches, AirPods, and software services all offset a 3% drop in iPhone sales, which accounted for half of its full-year revenue.\nIn the first quarter of 2021, Apple's revenue rose 21% year over year to $111.4 billion as it launched the iPhone 12, its first family of 5G devices. Its iPhone sales jumped 17% as all its other segments generated double-digit sales growth. Its services revenue rose 24% as it locked in over 600 million paid subscribers across its entire software ecosystem.\nApple's sales also hit record highs across all its geographic regions, led by its 57% growth in Greater China. Its gross margin expanded, it bought back $24.8 billion in shares, and its earnings per share jumped 35%.\nMost analysts expect Apple to post its strongest year of iPhone sales since the iPhone 6 in 2014. However, Apple also faces unresolved conflicts over its app store fees, and it clashes with online advertisers over its privacy changes in iOS 14.\nThe Mac also faces fresh competition from Alphabet's Chromebooks, which outpaced MacBooks in full-year shipments for the first time in 2020, according to IDC. The expansion of its services ecosystem could also encounter fierce resistance from streaming media giants like Spotify and Netflix.\nDespite the challenges, analysts expect Apple's revenue and earnings to grow 22% and 36%, respectively, this year as its strengths easily offset its potential weaknesses. Apple also ended the first quarter with nearly $196 billion in cash and equivalents, so it has plenty of ways to expand its business with fresh investments and acquisitions.\nIBM will split into two companies\nIBM's revenue and adjusted earnings declined 5% and 32%, respectively, in fiscal 2020, which aligns with the calendar year. Its total cloud revenue rose 19% to $25.1 billion, or 34% of its top line, but couldn't offset the soft demand for its legacy products and services throughout the crisis. Its gross margin expanded slightly, but its operating margin still declined.\nImage source: Getty Images.\nIBM's $34 billion acquisition of Red Hat, which it closed in mid-2019, didn't cushion the blow. Red Hat's revenue rose 18% in fiscal 2020, but postponed enterprise deals across IBM's other businesses wiped out those gains.\nAnalysts expect IBM's revenue to rise less than 1% this year as its growth stabilizes in a post-pandemic world, and for its earnings to grow 27%. However, those estimates don't fully account for IBM's planned split into two companies later this year.\nCEO Arvind Krishna, who took the helm last April, plans to spin off IBM's slow-growth managed infrastructure services segment into a new company. The \"new\" IBM will then focus on expanding its higher-growth hybrid cloud and AI businesses with the support of Red Hat's open-source software.\nKrishna believes IBM can carve out a niche in hybrid cloud services, which link public cloud platforms to private clouds, but Amazon and Microsoft are also expanding their public cloud platforms with hybrid cloud services.\nIBM ended the year with $14.3 billion in cash on hand and marketable securities, which gives it some room for future cloud investments -- but it's still shouldering $61.5 billion in total debt, and $7.2 billion of that total matures within the year.\nApple reported $107 billion in long-term debt last quarter, but its cash and equivalents still easily outweigh that debt -- and just $7.8 billion of its total debt matures within the year.\nIt's still an easy choice\nApple trades at 29 times forward earnings and pays a forward yield of just 0.6% on its dividend. IBM has a much lower forward P/E ratio of 11, and pays a much higher dividend yield of 4.9%. IBM might initially seem like a bargain, but it's cheap because it faces too many unpredictable headwinds.\nMeanwhile, Apple's valuation remains reasonable relative to its growth, and its path forward is much clearer. Therefore, I believe Apple will continue to outperform IBM for the foreseeable future.","news_type":1},"isVote":1,"tweetType":1,"viewCount":354,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371835871,"gmtCreate":1618926161593,"gmtModify":1704716986437,"author":{"id":"3578344989334608","authorId":"3578344989334608","name":"Gecko88","avatar":"https://static.tigerbbs.com/5fec19cd9bef89bfc35988f09b32324a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578344989334608","authorIdStr":"3578344989334608"},"themes":[],"htmlText":"The Dow is already very high.&nbsp;","listText":"The Dow is already very high.&nbsp;","text":"The Dow is already very high.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/371835871","repostId":"1113293341","repostType":4,"repost":{"id":"1113293341","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1618925493,"share":"https://ttm.financial/m/news/1113293341?lang=&edition=fundamental","pubTime":"2021-04-20 21:31","market":"us","language":"en","title":"Dow falls 100 points for a second day of losses as investors shrug off strong earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=1113293341","media":"Tiger Newspress","summary":"U.S. stocks fell for a second day on Tuesday as strong corporate earnings failed to boost the market","content":"<p>U.S. stocks fell for a second day on Tuesday as strong corporate earnings failed to boost the market already near record highs.</p><p>The Dow Jones Industrial average fell 113 points. The S&amp;P 500 lost 0.2%, while the tech-heavy Nasdaq Composite also dipped 0.1%.</p><p><img src=\"https://static.tigerbbs.com/eec4ea72dfee5946b79cca222d2c85a0\" tg-width=\"1045\" tg-height=\"410\" referrerpolicy=\"no-referrer\"></p><p>Procter &amp; Gamble&nbsp;shares dipped 1% even after the consumer giant reported quarterly earnings that beat expectations&nbsp;with pandemic home care trends lingering and beauty sales picking up.</p><p>Johnson &amp; Johnson&nbsp;shares remained flat following&nbsp;better-than-expected earnings and revenue.The company also reported $100 million in first-quarter sales of its Covid-19 vaccine that's on hold in the U.S. while U.S. health regulators investigate a rare blood-clotting issue.</p><p>Another Dow component&nbsp;Travelers Companies&nbsp;also held steady despite quarterly results that topped Wall Street's estimates. The company also raised its quarterly cash dividend and approved an additional $5 billion of share buybacks.</p><p>“The key to determining that will be the sustainability of these earnings increases,” said Tom Essaye, founder of Sevens Report. “Most of the factors that are producing these blowout earnings results are typically considered one offs.”</p><p>Many on Wall Street believe much of the good news has already been priced into the market, which had been climbing steadily to record after record. The Dow and S&amp;P 500 closed at records on Friday and the Dow crossed above the 34,000 level for the first time ever last week.</p><p>The first-quarter earnings season got off to a strong start last week as the major U.S. banks reported. Financials earnings have topped expectations by 38%, while others in the S&amp;P 500 have surprised to the upside by 12%, according to data from Credit Suisse.</p><p>Tesla rebounded 1.7% after dropping more than 3% in the previous session as bitcoin — which makes up some of Tesla's balance sheet—tanked over the weekend&nbsp;after hitting an all-time high of $64,841 Wednesday morning, according to data from Coin Metrics.</p><p>Streaming giant&nbsp;Netflixis slated to release numbers after the bell. Wall Street analysts expected Netflix to remain a winner in the streaming space even as the pandemic recovery improves.</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 falls 100 points for a second day of losses as investors shrug off strong earnings</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 falls 100 points for a second day of losses as investors shrug off strong earnings\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\">2021-04-20 21:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stocks fell for a second day on Tuesday as strong corporate earnings failed to boost the market already near record highs.</p><p>The Dow Jones Industrial average fell 113 points. The S&amp;P 500 lost 0.2%, while the tech-heavy Nasdaq Composite also dipped 0.1%.</p><p><img src=\"https://static.tigerbbs.com/eec4ea72dfee5946b79cca222d2c85a0\" tg-width=\"1045\" tg-height=\"410\" referrerpolicy=\"no-referrer\"></p><p>Procter &amp; Gamble&nbsp;shares dipped 1% even after the consumer giant reported quarterly earnings that beat expectations&nbsp;with pandemic home care trends lingering and beauty sales picking up.</p><p>Johnson &amp; Johnson&nbsp;shares remained flat following&nbsp;better-than-expected earnings and revenue.The company also reported $100 million in first-quarter sales of its Covid-19 vaccine that's on hold in the U.S. while U.S. health regulators investigate a rare blood-clotting issue.</p><p>Another Dow component&nbsp;Travelers Companies&nbsp;also held steady despite quarterly results that topped Wall Street's estimates. The company also raised its quarterly cash dividend and approved an additional $5 billion of share buybacks.</p><p>“The key to determining that will be the sustainability of these earnings increases,” said Tom Essaye, founder of Sevens Report. “Most of the factors that are producing these blowout earnings results are typically considered one offs.”</p><p>Many on Wall Street believe much of the good news has already been priced into the market, which had been climbing steadily to record after record. The Dow and S&amp;P 500 closed at records on Friday and the Dow crossed above the 34,000 level for the first time ever last week.</p><p>The first-quarter earnings season got off to a strong start last week as the major U.S. banks reported. Financials earnings have topped expectations by 38%, while others in the S&amp;P 500 have surprised to the upside by 12%, according to data from Credit Suisse.</p><p>Tesla rebounded 1.7% after dropping more than 3% in the previous session as bitcoin — which makes up some of Tesla's balance sheet—tanked over the weekend&nbsp;after hitting an all-time high of $64,841 Wednesday morning, according to data from Coin Metrics.</p><p>Streaming giant&nbsp;Netflixis slated to release numbers after the bell. Wall Street analysts expected Netflix to remain a winner in the streaming space even as the pandemic recovery improves.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113293341","content_text":"U.S. stocks fell for a second day on Tuesday as strong corporate earnings failed to boost the market already near record highs.The Dow Jones Industrial average fell 113 points. The S&P 500 lost 0.2%, while the tech-heavy Nasdaq Composite also dipped 0.1%.Procter & Gamble shares dipped 1% even after the consumer giant reported quarterly earnings that beat expectations with pandemic home care trends lingering and beauty sales picking up.Johnson & Johnson shares remained flat following better-than-expected earnings and revenue.The company also reported $100 million in first-quarter sales of its Covid-19 vaccine that's on hold in the U.S. while U.S. health regulators investigate a rare blood-clotting issue.Another Dow component Travelers Companies also held steady despite quarterly results that topped Wall Street's estimates. The company also raised its quarterly cash dividend and approved an additional $5 billion of share buybacks.“The key to determining that will be the sustainability of these earnings increases,” said Tom Essaye, founder of Sevens Report. “Most of the factors that are producing these blowout earnings results are typically considered one offs.”Many on Wall Street believe much of the good news has already been priced into the market, which had been climbing steadily to record after record. The Dow and S&P 500 closed at records on Friday and the Dow crossed above the 34,000 level for the first time ever last week.The first-quarter earnings season got off to a strong start last week as the major U.S. banks reported. Financials earnings have topped expectations by 38%, while others in the S&P 500 have surprised to the upside by 12%, according to data from Credit Suisse.Tesla rebounded 1.7% after dropping more than 3% in the previous session as bitcoin — which makes up some of Tesla's balance sheet—tanked over the weekend after hitting an all-time high of $64,841 Wednesday morning, according to data from Coin Metrics.Streaming giant Netflixis slated to release numbers after the bell. Wall Street analysts expected Netflix to remain a winner in the streaming space even as the pandemic recovery improves.","news_type":1},"isVote":1,"tweetType":1,"viewCount":317,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}