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2021-04-23

Btc to usd 100k by 2022

Why crypto stocks tumbled in premarket trading

2021-04-23

So hard to keep with trends these days. Gamestop is supposedly dying but it is instead pumping woth steroids. How now? No need FA or TA, just diamonds hands. Weak hands stay out

Don't Touch GameStop Until This Happens

2021-04-22

450 TP? So low?

Buy Coinbase stock, as crypto has reached an ‘inflection point to legitimacy,’ analyst says

2021-04-22

Invested, lets see

Could QuantumScape Be a Millionaire-Maker Stock?

Go to Tiger App to see more news

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to usd 100k by 2022","listText":"Btc to usd 100k by 2022","text":"Btc to usd 100k by 2022","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372998973","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","COIN":"Coinbase Global, Inc.","CAN":"嘉楠科技","RIOT":"Riot Platforms","BTBT":"Bit Digital, Inc.","SOS":"SOS Limited","MARA":"MARA Holdings"},"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":247,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":376677833,"gmtCreate":1619126506522,"gmtModify":1704719935971,"author":{"id":"3578478726247630","authorId":"3578478726247630","name":"xNemesys","avatar":"https://static.tigerbbs.com/09ab86d6c490aba7ca6d9acc22937ac4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578478726247630","authorIdStr":"3578478726247630"},"themes":[],"htmlText":"So hard to keep with trends these days. Gamestop is supposedly dying but it is instead pumping woth steroids. How now? No need FA or TA, just diamonds hands. Weak hands stay out&nbsp;","listText":"So hard to keep with trends these days. Gamestop is supposedly dying but it is instead pumping woth steroids. How now? No need FA or TA, just diamonds hands. Weak hands stay out&nbsp;","text":"So hard to keep with trends these days. Gamestop is supposedly dying but it is instead pumping woth steroids. How now? No need FA or TA, just diamonds hands. Weak hands stay out","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/376677833","repostId":"2129381431","repostType":4,"repost":{"id":"2129381431","kind":"highlight","pubTimestamp":1619091720,"share":"https://ttm.financial/m/news/2129381431?lang=&edition=fundamental","pubTime":"2021-04-22 19:42","market":"us","language":"en","title":"Don't Touch GameStop Until This Happens","url":"https://stock-news.laohu8.com/highlight/detail?id=2129381431","media":"Motley Fool","summary":"Despite investors sending the stock price soaring, GameStop faces a tough road.","content":"<p>Fueled by Reddit group WallStreetBets and others piling into the shares, which also caused short covering, <b>GameStop</b>'s (NYSE:GME), shares went from about $17 at the start of the year to $483 in February. Although the stock has dropped from that level, it remains up about 800% this year.</p><p>If you haven't benefited from this year's astounding rise, you may feel like you've missed out. But there are good reasons you should hold off right now.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F621884%2Fgettyimages-157672090.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"429\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><h2>Losing to digital</h2><p>GameStop sells video hardware and games. While it was doing well for a long time, online competition and digital downloads from the likes of Epic Games, Steam, <b>Microsoft</b>, and <b>Sony</b>&nbsp;have eaten into the retailer's sales.</p><p>In fact, in four out of the last five years, GameStop's same-store sales (comps) fell. This includes a 19.4% drop in fiscal 2019. This period ended on Feb. 1, 2020, before the pandemic took hold and dramatically altered people's lives and business activity.</p><p>Last year, comps dropped by 9.5%. These results didn't measure up, even given the pandemic, and CEO George Sherman forfeited previously granted performance shares.</p><p>GameStop faced a tough road to reverse this slide and compete with digital offerings. But an investment offered GameStop shareholders some hope that better days were ahead.</p><h2>A major investor enters</h2><p>RC Ventures, led by Ryan Cohen, who founded the successful online company <b>Chewy</b>, made a major investment in GameStop last year.</p><p>With about a 13% stake, RC Ventures has set about to make some changes. This includes Cohen, who took a board seat along with two others in January, recently stepping up as chairman. The company also announced that George Sherman, chief executive officer, was stepping down in July, or possibly earlier if his replacement is found.</p><p>With Cohen's experience, plus his push to hire executives with e-commerce experience from places like Chewy and <b>Amazon</b>, Cohen will attempt to move GameStop further into digital offerings.</p><h2>Hit the pause button</h2><p>GameStop, which has been cleaning up its balance sheet, recently announced that it would pay down debt. It plans to repay the $216 million senior notes, ridding itself of long-term debt. This gives the company some breathing room to execute its plan.</p><p>Cohen is hiring the management team, but it has provided few details on a turnaround plan. While he certainly has e-commerce credentials, and his track record is impressive, it is hard to take a leap of faith right now. There are formidable competitors in the digital download arena, making it tough for GameStop to compete. This means winning the battle will not come easy.</p><p>There a couple of things that need to happen before you invest your money. First, you need to hear details on the plan. But I wouldn't stop there. It is important to see how management is executing its strategy and how its actions flow to the top and bottom lines.</p><p>While GameStop's fourth-quarter comps rose by 6.5%, this was largely due to new game consoles from Sony and Microsoft. This also helped first-quarter sales get off to a good start, with February's comps increasing by 23%. Therefore, it is important to see how the company's software sales, which GameStop breaks out separately, are doing. With fierce online competition, this isn't easy sledding.</p><p>Until you see this improving, it's best to sit on the sidelines.</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>Don't Touch GameStop Until This Happens</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\">\nDon't Touch GameStop Until This Happens\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 19:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/22/dont-touch-gamestop-until-this-happens/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fueled by Reddit group WallStreetBets and others piling into the shares, which also caused short covering, GameStop's (NYSE:GME), shares went from about $17 at the start of the year to $483 in ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/22/dont-touch-gamestop-until-this-happens/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.fool.com/investing/2021/04/22/dont-touch-gamestop-until-this-happens/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129381431","content_text":"Fueled by Reddit group WallStreetBets and others piling into the shares, which also caused short covering, GameStop's (NYSE:GME), shares went from about $17 at the start of the year to $483 in February. Although the stock has dropped from that level, it remains up about 800% this year.If you haven't benefited from this year's astounding rise, you may feel like you've missed out. But there are good reasons you should hold off right now.Image source: Getty Images.Losing to digitalGameStop sells video hardware and games. While it was doing well for a long time, online competition and digital downloads from the likes of Epic Games, Steam, Microsoft, and Sony have eaten into the retailer's sales.In fact, in four out of the last five years, GameStop's same-store sales (comps) fell. This includes a 19.4% drop in fiscal 2019. This period ended on Feb. 1, 2020, before the pandemic took hold and dramatically altered people's lives and business activity.Last year, comps dropped by 9.5%. These results didn't measure up, even given the pandemic, and CEO George Sherman forfeited previously granted performance shares.GameStop faced a tough road to reverse this slide and compete with digital offerings. But an investment offered GameStop shareholders some hope that better days were ahead.A major investor entersRC Ventures, led by Ryan Cohen, who founded the successful online company Chewy, made a major investment in GameStop last year.With about a 13% stake, RC Ventures has set about to make some changes. This includes Cohen, who took a board seat along with two others in January, recently stepping up as chairman. The company also announced that George Sherman, chief executive officer, was stepping down in July, or possibly earlier if his replacement is found.With Cohen's experience, plus his push to hire executives with e-commerce experience from places like Chewy and Amazon, Cohen will attempt to move GameStop further into digital offerings.Hit the pause buttonGameStop, which has been cleaning up its balance sheet, recently announced that it would pay down debt. It plans to repay the $216 million senior notes, ridding itself of long-term debt. This gives the company some breathing room to execute its plan.Cohen is hiring the management team, but it has provided few details on a turnaround plan. While he certainly has e-commerce credentials, and his track record is impressive, it is hard to take a leap of faith right now. There are formidable competitors in the digital download arena, making it tough for GameStop to compete. This means winning the battle will not come easy.There a couple of things that need to happen before you invest your money. First, you need to hear details on the plan. But I wouldn't stop there. It is important to see how management is executing its strategy and how its actions flow to the top and bottom lines.While GameStop's fourth-quarter comps rose by 6.5%, this was largely due to new game consoles from Sony and Microsoft. This also helped first-quarter sales get off to a good start, with February's comps increasing by 23%. Therefore, it is important to see how the company's software sales, which GameStop breaks out separately, are doing. With fierce online competition, this isn't easy sledding.Until you see this improving, it's best to sit on the sidelines.","news_type":1},"isVote":1,"tweetType":1,"viewCount":238,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":376310155,"gmtCreate":1619088591777,"gmtModify":1704719438187,"author":{"id":"3578478726247630","authorId":"3578478726247630","name":"xNemesys","avatar":"https://static.tigerbbs.com/09ab86d6c490aba7ca6d9acc22937ac4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578478726247630","authorIdStr":"3578478726247630"},"themes":[],"htmlText":"450 TP? So low?&nbsp;","listText":"450 TP? So low?&nbsp;","text":"450 TP? So low?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/376310155","repostId":"2129872922","repostType":2,"repost":{"id":"2129872922","kind":"highlight","pubTimestamp":1619076483,"share":"https://ttm.financial/m/news/2129872922?lang=&edition=fundamental","pubTime":"2021-04-22 15:28","market":"us","language":"en","title":"Buy Coinbase stock, as crypto has reached an ‘inflection point to legitimacy,’ analyst says","url":"https://stock-news.laohu8.com/highlight/detail?id=2129872922","media":"MarketWatch","summary":"Rosenblatt's Horgan is bullish on long-term upside, but is more cautious near-term give risk of pull","content":"<p>Rosenblatt's Horgan is bullish on long-term upside, but is more cautious near-term give risk of pullback in cryptocurrency prices</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/59ac349ba929df706908af2cc08474a4\" tg-width=\"1260\" tg-height=\"712\"><span>AFP VIA GETTY IMAGES</span></p>\n<p>Coinbase Global Inc. received yet another bullish endorsement from a Wall Street analyst on Wednesday, with Rosenblatt Securities analyst Sean Horgan expects the cryptocurrency exchange stands to be a \"long-term category leader.\"</p>\n<p>Horgan initiated coverage of Coinbase with a buy rating and a stock price target of $450, which is about 46% above current levels.</p>\n<p>That keeps it unanimous, as all six analysts surveyed by FactSet have the equivalent of buy ratings on Coinbase. The average price target is $509.00, which is more than double the $250 reference price established when the stock went public last week.</p>\n<p>The stock dropped 3.7% in morning trading Wednesday, to trade 5.9% below where it closed on its first day of trading on April 14 .</p>\n<p>Horgan said he was bullish on the long-term upside of Coinbase, as it is set to benefit from the growing adoption and acceptance of cryptocurrencies. He said he was more cautious for the short-term, however, as \"the stock faces downside risk from the drawdown in the price of crypto.\"</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ca969a8b8f33073bca39b20d25585859\" tg-width=\"1240\" tg-height=\"584\"><span>FACTSET</span></p>\n<p>Bitcoin was down 1.4% in morning trading Wednesday, and has shed 12.4% since closing at a record $63,434.45 on April 13, according to FactSet data. Despite the recent pullback, bitcoin has still climbed 91.6% year to date and soared 712.7% over the past 12 months. In comparison, the S&amp;P 500 index has gained 10.4% this year and rallied 51.5% over the past year.</p>\n<p>Last week, BTIG analyst Mark Palmer initiated coverage of Coinbase with a buy rating and $500 stock price target, saying he believed the crypto exchange will be the \"primary beneficiary\" of the increased adoption of bitcoin and other digital assets, especially be institutional investors.</p>\n<p>\"We believe [Coinbase] should be regarded as the market leader in a category characterized by rapid and apparently sustainable growth driven by significant changes in consumers' behaviors and their adoption of new technology,\" Palmer wrote in a research note.</p>\n<p>Rosenblatt's Horgan said he believes it's \"reasonable\" to assume the potential for cryptocurrency market value to increase by about fivefold to the approximately $11 trillion market value of gold over the next years. He said Coinbase's current 11% share of the crypto market leaves it in \"pole position\" to capitalize on that growth.</p>\n<p>\"Crypto has reached an inflection point on its road to legitimacy, and we see this as a long-term disruptive trend that is only in its early innings,\" Horgan wrote in a note to clients. \"Net/net, we are buyers of [Coinbase's stock] as a long-term category leader and pure-play cryptocurrency stock.\"</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Buy Coinbase stock, as crypto has reached an ‘inflection point to legitimacy,’ analyst says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBuy Coinbase stock, as crypto has reached an ‘inflection point to legitimacy,’ analyst says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 15:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/buy-coinbase-stock-as-crypto-has-reached-an-inflection-point-to-legitimacy-analyst-says-11619013827?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Rosenblatt's Horgan is bullish on long-term upside, but is more cautious near-term give risk of pullback in cryptocurrency prices\nAFP VIA GETTY IMAGES\nCoinbase Global Inc. received yet another bullish...</p>\n\n<a href=\"https://www.marketwatch.com/story/buy-coinbase-stock-as-crypto-has-reached-an-inflection-point-to-legitimacy-analyst-says-11619013827?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://www.marketwatch.com/story/buy-coinbase-stock-as-crypto-has-reached-an-inflection-point-to-legitimacy-analyst-says-11619013827?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129872922","content_text":"Rosenblatt's Horgan is bullish on long-term upside, but is more cautious near-term give risk of pullback in cryptocurrency prices\nAFP VIA GETTY IMAGES\nCoinbase Global Inc. received yet another bullish endorsement from a Wall Street analyst on Wednesday, with Rosenblatt Securities analyst Sean Horgan expects the cryptocurrency exchange stands to be a \"long-term category leader.\"\nHorgan initiated coverage of Coinbase with a buy rating and a stock price target of $450, which is about 46% above current levels.\nThat keeps it unanimous, as all six analysts surveyed by FactSet have the equivalent of buy ratings on Coinbase. The average price target is $509.00, which is more than double the $250 reference price established when the stock went public last week.\nThe stock dropped 3.7% in morning trading Wednesday, to trade 5.9% below where it closed on its first day of trading on April 14 .\nHorgan said he was bullish on the long-term upside of Coinbase, as it is set to benefit from the growing adoption and acceptance of cryptocurrencies. He said he was more cautious for the short-term, however, as \"the stock faces downside risk from the drawdown in the price of crypto.\"\nFACTSET\nBitcoin was down 1.4% in morning trading Wednesday, and has shed 12.4% since closing at a record $63,434.45 on April 13, according to FactSet data. Despite the recent pullback, bitcoin has still climbed 91.6% year to date and soared 712.7% over the past 12 months. In comparison, the S&P 500 index has gained 10.4% this year and rallied 51.5% over the past year.\nLast week, BTIG analyst Mark Palmer initiated coverage of Coinbase with a buy rating and $500 stock price target, saying he believed the crypto exchange will be the \"primary beneficiary\" of the increased adoption of bitcoin and other digital assets, especially be institutional investors.\n\"We believe [Coinbase] should be regarded as the market leader in a category characterized by rapid and apparently sustainable growth driven by significant changes in consumers' behaviors and their adoption of new technology,\" Palmer wrote in a research note.\nRosenblatt's Horgan said he believes it's \"reasonable\" to assume the potential for cryptocurrency market value to increase by about fivefold to the approximately $11 trillion market value of gold over the next years. He said Coinbase's current 11% share of the crypto market leaves it in \"pole position\" to capitalize on that growth.\n\"Crypto has reached an inflection point on its road to legitimacy, and we see this as a long-term disruptive trend that is only in its early innings,\" Horgan wrote in a note to clients. \"Net/net, we are buyers of [Coinbase's stock] as a long-term category leader and pure-play cryptocurrency stock.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":192,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":378673405,"gmtCreate":1619037780907,"gmtModify":1704718574451,"author":{"id":"3578478726247630","authorId":"3578478726247630","name":"xNemesys","avatar":"https://static.tigerbbs.com/09ab86d6c490aba7ca6d9acc22937ac4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578478726247630","authorIdStr":"3578478726247630"},"themes":[],"htmlText":"Invested, lets see","listText":"Invested, lets see","text":"Invested, lets see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/378673405","repostId":"2129877423","repostType":4,"repost":{"id":"2129877423","kind":"highlight","pubTimestamp":1619018940,"share":"https://ttm.financial/m/news/2129877423?lang=&edition=fundamental","pubTime":"2021-04-21 23:29","market":"us","language":"en","title":"Could QuantumScape Be a Millionaire-Maker Stock?","url":"https://stock-news.laohu8.com/highlight/detail?id=2129877423","media":"Motley Fool","summary":"What may and may not work for this developer of next-generation battery technology.","content":"<p><b>QuantumScape</b> (NYSE:QS) stock is 73% off its high price of more than $131 in December last year. The stock is even trading at a level lower than its opening price on listing. As a company in an emerging technology, the volatility in QuantumScape stock isn't too striking. The key question is, after falling so much, is the stock a buy now? And can it generate multibagger returns over time? Let's take a closer look at what may and may not work for QuantumScape.</p><h2>What may work</h2><p>First and foremost, QuantumScape's biggest attraction is its promising technology. The company claims to have achieved major breakthroughs in next-generation battery technology. Right now, electric vehicles use lithium-ion batteries. Though they're a major improvement over their predecessor -- nickel-cadmium batteries -- lithium-ion batteries have their own limitations.</p><p>To begin with, their energy density -- the amount of energy produced per kilogram or per liter volume -- is low. This makes them bulkier. As increasing weight beyond a level adversely affects a vehicle's performance, electric vehicles right now have limited range and need frequent recharging.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F621976%2Fyoung-woman-charging-electric-car.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><p>QuantumScape uses solid-state battery technology and has developed lithium-metal batteries that have higher energy density. Additionally, they can be charged faster and could cost less than lithium-ion batteries. If successful, this technology could be a game-changer in the EV space.</p><p>The second thing that favors QuantumScape is the backing of a list of notable people. Apart from an experienced management team, the company has the likes of Bill Gates and <b>Volkswagen</b> (OTC:VWAGY) as its investors. It also boasts several notable board members, including some from the auto industry. The company has spent more than a decade in researching this battery technology and looks committed to its purpose.</p><p>Finally, QuantumScape will have a near-confirmed buyer in Volkswagen should it start commercial production of batteries. Volkswagen plans to build more than 25 million electric vehicles by 2030. Volkswagen has committed funding of $300 million to QuantumScape. Furthermore, it has formed a joint venture with QuantumScape for commercial production of batteries. Notably, this partnership does not require QuantumScape to supply exclusively to Volkswagen, and the company can potentially sell to other automakers.</p><h2>What may not work</h2><p>There are several factors that may affect QuantumScape's plans. First and foremost, it does not have a commercially viable product right now. The company's battery technology so far has only been sample tested in labs. There remain many unknowns between now and when the company thinks it can have a product ready for use at a commercial scale.</p><p>For example, QuantumScape uses a proprietary separator in its lithium-metal batteries. It expects engineering challenges as it increases the dimensions and volumes of this solid-state separator. Likewise, to achieve the required energy density, single-layer cells need to be stacked in multi-layer format. The company hasn't yet built multi-layer cells of dimensions required for electric vehicles and does not yet have the manufacturing processes to develop such cells in high volumes.</p><p>Further, the company hasn't yet finalized the composition of cathode material to be used in its solid-state batteries and whether it meets electric vehicle requirements or not. In short, QuantumScape's solid-state technology could fail to produce the desired results, or it may end up costing higher than the company is hoping.</p><p>The second factor that may work against QuantumScape is fierce competition. QuantumScape is not the only company trying to commercialize solid-state technology. <b>Toyota</b> (NYSE:TM), for example, plans to produce vehicles running on solid-state batteries by 2025. It hopes to launch a prototype as early as this year itself. Along with <b>Panasonic</b> partnership, Toyota is believed to be backed by the Japanese government. Toyota already has more than 1,000 patents related to solid-state battery technology.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F621976%2Fhand-turns-a-dice-and-changes-the-word-no-to-yes.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"327\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><p>Top suppliers of lithium-ion batteries are also researching solid-state technology. Finally, there are several development-stage companies working on the next-generation battery technology, like EnergyX and Amprius.</p><p>QuantumScape has more than 200 patents and patent applications relating to its battery technology. That does seem to be higher than most competitors apart from Toyota. With the backing of Volkswagen, QuantumScape thus looks well-positioned to take competition head-on.</p><p>Another potential issue is that of patent infringements. Though better-protected in the U.S., patent rights could be difficult and expensive to protect in several other countries. On the other hand, QuantumScape's competitors may hold some patents that may interfere in the production process, resulting in lawsuits on it. That, again, could make it difficult for QuantumScape to carry on its operations.</p><p>The final thing that works against QuantumScape is the long time before it could become profitable. The company expects to generate positive EBITDA in 2027.  Many things can go against it in the meantime, the biggest being a competitor bringing the technology to market before QuantumScape.</p><h2>Conclusion</h2><p>In addition to the above-noted positives, it is also worth noting that QuantumScape doesn't expect to need additional funding until it starts commercial production. That means less potential dilution for existing shareholders. Based on its forecasted EBITDA of $1.6 billion in 2028, the stock's valuation seems reasonable after its more than 70% fall.</p><p>Can QuantumScape fail to achieve what it is hoping? Of course, it can. But the company seems to be making an honest effort in a promising segment. And it seems to have a lead and an edge. Still, competition is fierce and there remain many unknowns between lab testing to commercial production and real-world operation. But I think there are more pluses than minuses here. For that reason, QuantumScape has a fair chance of becoming a millionaire-maker stock.</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>Could QuantumScape Be a Millionaire-Maker Stock?</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\">\nCould QuantumScape Be a Millionaire-Maker Stock?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-21 23:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/21/could-quantumscape-be-a-millionaire-maker-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>QuantumScape (NYSE:QS) stock is 73% off its high price of more than $131 in December last year. The stock is even trading at a level lower than its opening price on listing. As a company in an ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/21/could-quantumscape-be-a-millionaire-maker-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TM":"丰田汽车","03160":"华夏日股对冲"},"source_url":"https://www.fool.com/investing/2021/04/21/could-quantumscape-be-a-millionaire-maker-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129877423","content_text":"QuantumScape (NYSE:QS) stock is 73% off its high price of more than $131 in December last year. The stock is even trading at a level lower than its opening price on listing. As a company in an emerging technology, the volatility in QuantumScape stock isn't too striking. The key question is, after falling so much, is the stock a buy now? And can it generate multibagger returns over time? Let's take a closer look at what may and may not work for QuantumScape.What may workFirst and foremost, QuantumScape's biggest attraction is its promising technology. The company claims to have achieved major breakthroughs in next-generation battery technology. Right now, electric vehicles use lithium-ion batteries. Though they're a major improvement over their predecessor -- nickel-cadmium batteries -- lithium-ion batteries have their own limitations.To begin with, their energy density -- the amount of energy produced per kilogram or per liter volume -- is low. This makes them bulkier. As increasing weight beyond a level adversely affects a vehicle's performance, electric vehicles right now have limited range and need frequent recharging.Image source: Getty Images.QuantumScape uses solid-state battery technology and has developed lithium-metal batteries that have higher energy density. Additionally, they can be charged faster and could cost less than lithium-ion batteries. If successful, this technology could be a game-changer in the EV space.The second thing that favors QuantumScape is the backing of a list of notable people. Apart from an experienced management team, the company has the likes of Bill Gates and Volkswagen (OTC:VWAGY) as its investors. It also boasts several notable board members, including some from the auto industry. The company has spent more than a decade in researching this battery technology and looks committed to its purpose.Finally, QuantumScape will have a near-confirmed buyer in Volkswagen should it start commercial production of batteries. Volkswagen plans to build more than 25 million electric vehicles by 2030. Volkswagen has committed funding of $300 million to QuantumScape. Furthermore, it has formed a joint venture with QuantumScape for commercial production of batteries. Notably, this partnership does not require QuantumScape to supply exclusively to Volkswagen, and the company can potentially sell to other automakers.What may not workThere are several factors that may affect QuantumScape's plans. First and foremost, it does not have a commercially viable product right now. The company's battery technology so far has only been sample tested in labs. There remain many unknowns between now and when the company thinks it can have a product ready for use at a commercial scale.For example, QuantumScape uses a proprietary separator in its lithium-metal batteries. It expects engineering challenges as it increases the dimensions and volumes of this solid-state separator. Likewise, to achieve the required energy density, single-layer cells need to be stacked in multi-layer format. The company hasn't yet built multi-layer cells of dimensions required for electric vehicles and does not yet have the manufacturing processes to develop such cells in high volumes.Further, the company hasn't yet finalized the composition of cathode material to be used in its solid-state batteries and whether it meets electric vehicle requirements or not. In short, QuantumScape's solid-state technology could fail to produce the desired results, or it may end up costing higher than the company is hoping.The second factor that may work against QuantumScape is fierce competition. QuantumScape is not the only company trying to commercialize solid-state technology. Toyota (NYSE:TM), for example, plans to produce vehicles running on solid-state batteries by 2025. It hopes to launch a prototype as early as this year itself. Along with Panasonic partnership, Toyota is believed to be backed by the Japanese government. Toyota already has more than 1,000 patents related to solid-state battery technology.Image source: Getty Images.Top suppliers of lithium-ion batteries are also researching solid-state technology. Finally, there are several development-stage companies working on the next-generation battery technology, like EnergyX and Amprius.QuantumScape has more than 200 patents and patent applications relating to its battery technology. That does seem to be higher than most competitors apart from Toyota. With the backing of Volkswagen, QuantumScape thus looks well-positioned to take competition head-on.Another potential issue is that of patent infringements. Though better-protected in the U.S., patent rights could be difficult and expensive to protect in several other countries. On the other hand, QuantumScape's competitors may hold some patents that may interfere in the production process, resulting in lawsuits on it. That, again, could make it difficult for QuantumScape to carry on its operations.The final thing that works against QuantumScape is the long time before it could become profitable. The company expects to generate positive EBITDA in 2027.  Many things can go against it in the meantime, the biggest being a competitor bringing the technology to market before QuantumScape.ConclusionIn addition to the above-noted positives, it is also worth noting that QuantumScape doesn't expect to need additional funding until it starts commercial production. That means less potential dilution for existing shareholders. Based on its forecasted EBITDA of $1.6 billion in 2028, the stock's valuation seems reasonable after its more than 70% fall.Can QuantumScape fail to achieve what it is hoping? Of course, it can. But the company seems to be making an honest effort in a promising segment. And it seems to have a lead and an edge. Still, competition is fierce and there remain many unknowns between lab testing to commercial production and real-world operation. But I think there are more pluses than minuses here. For that reason, QuantumScape has a fair chance of becoming a millionaire-maker stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":377,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":378673405,"gmtCreate":1619037780907,"gmtModify":1704718574451,"author":{"id":"3578478726247630","authorId":"3578478726247630","name":"xNemesys","avatar":"https://static.tigerbbs.com/09ab86d6c490aba7ca6d9acc22937ac4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578478726247630","authorIdStr":"3578478726247630"},"themes":[],"htmlText":"Invested, lets see","listText":"Invested, lets see","text":"Invested, lets see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/378673405","repostId":"2129877423","repostType":4,"repost":{"id":"2129877423","kind":"highlight","pubTimestamp":1619018940,"share":"https://ttm.financial/m/news/2129877423?lang=&edition=fundamental","pubTime":"2021-04-21 23:29","market":"us","language":"en","title":"Could QuantumScape Be a Millionaire-Maker Stock?","url":"https://stock-news.laohu8.com/highlight/detail?id=2129877423","media":"Motley Fool","summary":"What may and may not work for this developer of next-generation battery technology.","content":"<p><b>QuantumScape</b> (NYSE:QS) stock is 73% off its high price of more than $131 in December last year. The stock is even trading at a level lower than its opening price on listing. As a company in an emerging technology, the volatility in QuantumScape stock isn't too striking. The key question is, after falling so much, is the stock a buy now? And can it generate multibagger returns over time? Let's take a closer look at what may and may not work for QuantumScape.</p><h2>What may work</h2><p>First and foremost, QuantumScape's biggest attraction is its promising technology. The company claims to have achieved major breakthroughs in next-generation battery technology. Right now, electric vehicles use lithium-ion batteries. Though they're a major improvement over their predecessor -- nickel-cadmium batteries -- lithium-ion batteries have their own limitations.</p><p>To begin with, their energy density -- the amount of energy produced per kilogram or per liter volume -- is low. This makes them bulkier. As increasing weight beyond a level adversely affects a vehicle's performance, electric vehicles right now have limited range and need frequent recharging.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F621976%2Fyoung-woman-charging-electric-car.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><p>QuantumScape uses solid-state battery technology and has developed lithium-metal batteries that have higher energy density. Additionally, they can be charged faster and could cost less than lithium-ion batteries. If successful, this technology could be a game-changer in the EV space.</p><p>The second thing that favors QuantumScape is the backing of a list of notable people. Apart from an experienced management team, the company has the likes of Bill Gates and <b>Volkswagen</b> (OTC:VWAGY) as its investors. It also boasts several notable board members, including some from the auto industry. The company has spent more than a decade in researching this battery technology and looks committed to its purpose.</p><p>Finally, QuantumScape will have a near-confirmed buyer in Volkswagen should it start commercial production of batteries. Volkswagen plans to build more than 25 million electric vehicles by 2030. Volkswagen has committed funding of $300 million to QuantumScape. Furthermore, it has formed a joint venture with QuantumScape for commercial production of batteries. Notably, this partnership does not require QuantumScape to supply exclusively to Volkswagen, and the company can potentially sell to other automakers.</p><h2>What may not work</h2><p>There are several factors that may affect QuantumScape's plans. First and foremost, it does not have a commercially viable product right now. The company's battery technology so far has only been sample tested in labs. There remain many unknowns between now and when the company thinks it can have a product ready for use at a commercial scale.</p><p>For example, QuantumScape uses a proprietary separator in its lithium-metal batteries. It expects engineering challenges as it increases the dimensions and volumes of this solid-state separator. Likewise, to achieve the required energy density, single-layer cells need to be stacked in multi-layer format. The company hasn't yet built multi-layer cells of dimensions required for electric vehicles and does not yet have the manufacturing processes to develop such cells in high volumes.</p><p>Further, the company hasn't yet finalized the composition of cathode material to be used in its solid-state batteries and whether it meets electric vehicle requirements or not. In short, QuantumScape's solid-state technology could fail to produce the desired results, or it may end up costing higher than the company is hoping.</p><p>The second factor that may work against QuantumScape is fierce competition. QuantumScape is not the only company trying to commercialize solid-state technology. <b>Toyota</b> (NYSE:TM), for example, plans to produce vehicles running on solid-state batteries by 2025. It hopes to launch a prototype as early as this year itself. Along with <b>Panasonic</b> partnership, Toyota is believed to be backed by the Japanese government. Toyota already has more than 1,000 patents related to solid-state battery technology.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F621976%2Fhand-turns-a-dice-and-changes-the-word-no-to-yes.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"327\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><p>Top suppliers of lithium-ion batteries are also researching solid-state technology. Finally, there are several development-stage companies working on the next-generation battery technology, like EnergyX and Amprius.</p><p>QuantumScape has more than 200 patents and patent applications relating to its battery technology. That does seem to be higher than most competitors apart from Toyota. With the backing of Volkswagen, QuantumScape thus looks well-positioned to take competition head-on.</p><p>Another potential issue is that of patent infringements. Though better-protected in the U.S., patent rights could be difficult and expensive to protect in several other countries. On the other hand, QuantumScape's competitors may hold some patents that may interfere in the production process, resulting in lawsuits on it. That, again, could make it difficult for QuantumScape to carry on its operations.</p><p>The final thing that works against QuantumScape is the long time before it could become profitable. The company expects to generate positive EBITDA in 2027.  Many things can go against it in the meantime, the biggest being a competitor bringing the technology to market before QuantumScape.</p><h2>Conclusion</h2><p>In addition to the above-noted positives, it is also worth noting that QuantumScape doesn't expect to need additional funding until it starts commercial production. That means less potential dilution for existing shareholders. Based on its forecasted EBITDA of $1.6 billion in 2028, the stock's valuation seems reasonable after its more than 70% fall.</p><p>Can QuantumScape fail to achieve what it is hoping? Of course, it can. But the company seems to be making an honest effort in a promising segment. And it seems to have a lead and an edge. Still, competition is fierce and there remain many unknowns between lab testing to commercial production and real-world operation. But I think there are more pluses than minuses here. For that reason, QuantumScape has a fair chance of becoming a millionaire-maker stock.</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>Could QuantumScape Be a Millionaire-Maker Stock?</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\">\nCould QuantumScape Be a Millionaire-Maker Stock?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-21 23:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/21/could-quantumscape-be-a-millionaire-maker-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>QuantumScape (NYSE:QS) stock is 73% off its high price of more than $131 in December last year. The stock is even trading at a level lower than its opening price on listing. As a company in an ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/21/could-quantumscape-be-a-millionaire-maker-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TM":"丰田汽车","03160":"华夏日股对冲"},"source_url":"https://www.fool.com/investing/2021/04/21/could-quantumscape-be-a-millionaire-maker-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129877423","content_text":"QuantumScape (NYSE:QS) stock is 73% off its high price of more than $131 in December last year. The stock is even trading at a level lower than its opening price on listing. As a company in an emerging technology, the volatility in QuantumScape stock isn't too striking. The key question is, after falling so much, is the stock a buy now? And can it generate multibagger returns over time? Let's take a closer look at what may and may not work for QuantumScape.What may workFirst and foremost, QuantumScape's biggest attraction is its promising technology. The company claims to have achieved major breakthroughs in next-generation battery technology. Right now, electric vehicles use lithium-ion batteries. Though they're a major improvement over their predecessor -- nickel-cadmium batteries -- lithium-ion batteries have their own limitations.To begin with, their energy density -- the amount of energy produced per kilogram or per liter volume -- is low. This makes them bulkier. As increasing weight beyond a level adversely affects a vehicle's performance, electric vehicles right now have limited range and need frequent recharging.Image source: Getty Images.QuantumScape uses solid-state battery technology and has developed lithium-metal batteries that have higher energy density. Additionally, they can be charged faster and could cost less than lithium-ion batteries. If successful, this technology could be a game-changer in the EV space.The second thing that favors QuantumScape is the backing of a list of notable people. Apart from an experienced management team, the company has the likes of Bill Gates and Volkswagen (OTC:VWAGY) as its investors. It also boasts several notable board members, including some from the auto industry. The company has spent more than a decade in researching this battery technology and looks committed to its purpose.Finally, QuantumScape will have a near-confirmed buyer in Volkswagen should it start commercial production of batteries. Volkswagen plans to build more than 25 million electric vehicles by 2030. Volkswagen has committed funding of $300 million to QuantumScape. Furthermore, it has formed a joint venture with QuantumScape for commercial production of batteries. Notably, this partnership does not require QuantumScape to supply exclusively to Volkswagen, and the company can potentially sell to other automakers.What may not workThere are several factors that may affect QuantumScape's plans. First and foremost, it does not have a commercially viable product right now. The company's battery technology so far has only been sample tested in labs. There remain many unknowns between now and when the company thinks it can have a product ready for use at a commercial scale.For example, QuantumScape uses a proprietary separator in its lithium-metal batteries. It expects engineering challenges as it increases the dimensions and volumes of this solid-state separator. Likewise, to achieve the required energy density, single-layer cells need to be stacked in multi-layer format. The company hasn't yet built multi-layer cells of dimensions required for electric vehicles and does not yet have the manufacturing processes to develop such cells in high volumes.Further, the company hasn't yet finalized the composition of cathode material to be used in its solid-state batteries and whether it meets electric vehicle requirements or not. In short, QuantumScape's solid-state technology could fail to produce the desired results, or it may end up costing higher than the company is hoping.The second factor that may work against QuantumScape is fierce competition. QuantumScape is not the only company trying to commercialize solid-state technology. Toyota (NYSE:TM), for example, plans to produce vehicles running on solid-state batteries by 2025. It hopes to launch a prototype as early as this year itself. Along with Panasonic partnership, Toyota is believed to be backed by the Japanese government. Toyota already has more than 1,000 patents related to solid-state battery technology.Image source: Getty Images.Top suppliers of lithium-ion batteries are also researching solid-state technology. Finally, there are several development-stage companies working on the next-generation battery technology, like EnergyX and Amprius.QuantumScape has more than 200 patents and patent applications relating to its battery technology. That does seem to be higher than most competitors apart from Toyota. With the backing of Volkswagen, QuantumScape thus looks well-positioned to take competition head-on.Another potential issue is that of patent infringements. Though better-protected in the U.S., patent rights could be difficult and expensive to protect in several other countries. On the other hand, QuantumScape's competitors may hold some patents that may interfere in the production process, resulting in lawsuits on it. That, again, could make it difficult for QuantumScape to carry on its operations.The final thing that works against QuantumScape is the long time before it could become profitable. The company expects to generate positive EBITDA in 2027.  Many things can go against it in the meantime, the biggest being a competitor bringing the technology to market before QuantumScape.ConclusionIn addition to the above-noted positives, it is also worth noting that QuantumScape doesn't expect to need additional funding until it starts commercial production. That means less potential dilution for existing shareholders. Based on its forecasted EBITDA of $1.6 billion in 2028, the stock's valuation seems reasonable after its more than 70% fall.Can QuantumScape fail to achieve what it is hoping? Of course, it can. But the company seems to be making an honest effort in a promising segment. And it seems to have a lead and an edge. Still, competition is fierce and there remain many unknowns between lab testing to commercial production and real-world operation. But I think there are more pluses than minuses here. For that reason, QuantumScape has a fair chance of becoming a millionaire-maker stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":377,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372998973,"gmtCreate":1619165834792,"gmtModify":1704720644676,"author":{"id":"3578478726247630","authorId":"3578478726247630","name":"xNemesys","avatar":"https://static.tigerbbs.com/09ab86d6c490aba7ca6d9acc22937ac4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578478726247630","authorIdStr":"3578478726247630"},"themes":[],"htmlText":"Btc to usd 100k by 2022","listText":"Btc to usd 100k by 2022","text":"Btc to usd 100k by 2022","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372998973","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","COIN":"Coinbase Global, Inc.","CAN":"嘉楠科技","RIOT":"Riot Platforms","BTBT":"Bit Digital, Inc.","SOS":"SOS Limited","MARA":"MARA Holdings"},"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":247,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":376310155,"gmtCreate":1619088591777,"gmtModify":1704719438187,"author":{"id":"3578478726247630","authorId":"3578478726247630","name":"xNemesys","avatar":"https://static.tigerbbs.com/09ab86d6c490aba7ca6d9acc22937ac4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578478726247630","authorIdStr":"3578478726247630"},"themes":[],"htmlText":"450 TP? So low?&nbsp;","listText":"450 TP? So low?&nbsp;","text":"450 TP? So low?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/376310155","repostId":"2129872922","repostType":2,"repost":{"id":"2129872922","kind":"highlight","pubTimestamp":1619076483,"share":"https://ttm.financial/m/news/2129872922?lang=&edition=fundamental","pubTime":"2021-04-22 15:28","market":"us","language":"en","title":"Buy Coinbase stock, as crypto has reached an ‘inflection point to legitimacy,’ analyst says","url":"https://stock-news.laohu8.com/highlight/detail?id=2129872922","media":"MarketWatch","summary":"Rosenblatt's Horgan is bullish on long-term upside, but is more cautious near-term give risk of pull","content":"<p>Rosenblatt's Horgan is bullish on long-term upside, but is more cautious near-term give risk of pullback in cryptocurrency prices</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/59ac349ba929df706908af2cc08474a4\" tg-width=\"1260\" tg-height=\"712\"><span>AFP VIA GETTY IMAGES</span></p>\n<p>Coinbase Global Inc. received yet another bullish endorsement from a Wall Street analyst on Wednesday, with Rosenblatt Securities analyst Sean Horgan expects the cryptocurrency exchange stands to be a \"long-term category leader.\"</p>\n<p>Horgan initiated coverage of Coinbase with a buy rating and a stock price target of $450, which is about 46% above current levels.</p>\n<p>That keeps it unanimous, as all six analysts surveyed by FactSet have the equivalent of buy ratings on Coinbase. The average price target is $509.00, which is more than double the $250 reference price established when the stock went public last week.</p>\n<p>The stock dropped 3.7% in morning trading Wednesday, to trade 5.9% below where it closed on its first day of trading on April 14 .</p>\n<p>Horgan said he was bullish on the long-term upside of Coinbase, as it is set to benefit from the growing adoption and acceptance of cryptocurrencies. He said he was more cautious for the short-term, however, as \"the stock faces downside risk from the drawdown in the price of crypto.\"</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ca969a8b8f33073bca39b20d25585859\" tg-width=\"1240\" tg-height=\"584\"><span>FACTSET</span></p>\n<p>Bitcoin was down 1.4% in morning trading Wednesday, and has shed 12.4% since closing at a record $63,434.45 on April 13, according to FactSet data. Despite the recent pullback, bitcoin has still climbed 91.6% year to date and soared 712.7% over the past 12 months. In comparison, the S&amp;P 500 index has gained 10.4% this year and rallied 51.5% over the past year.</p>\n<p>Last week, BTIG analyst Mark Palmer initiated coverage of Coinbase with a buy rating and $500 stock price target, saying he believed the crypto exchange will be the \"primary beneficiary\" of the increased adoption of bitcoin and other digital assets, especially be institutional investors.</p>\n<p>\"We believe [Coinbase] should be regarded as the market leader in a category characterized by rapid and apparently sustainable growth driven by significant changes in consumers' behaviors and their adoption of new technology,\" Palmer wrote in a research note.</p>\n<p>Rosenblatt's Horgan said he believes it's \"reasonable\" to assume the potential for cryptocurrency market value to increase by about fivefold to the approximately $11 trillion market value of gold over the next years. He said Coinbase's current 11% share of the crypto market leaves it in \"pole position\" to capitalize on that growth.</p>\n<p>\"Crypto has reached an inflection point on its road to legitimacy, and we see this as a long-term disruptive trend that is only in its early innings,\" Horgan wrote in a note to clients. \"Net/net, we are buyers of [Coinbase's stock] as a long-term category leader and pure-play cryptocurrency stock.\"</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Buy Coinbase stock, as crypto has reached an ‘inflection point to legitimacy,’ analyst says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBuy Coinbase stock, as crypto has reached an ‘inflection point to legitimacy,’ analyst says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 15:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/buy-coinbase-stock-as-crypto-has-reached-an-inflection-point-to-legitimacy-analyst-says-11619013827?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Rosenblatt's Horgan is bullish on long-term upside, but is more cautious near-term give risk of pullback in cryptocurrency prices\nAFP VIA GETTY IMAGES\nCoinbase Global Inc. received yet another bullish...</p>\n\n<a href=\"https://www.marketwatch.com/story/buy-coinbase-stock-as-crypto-has-reached-an-inflection-point-to-legitimacy-analyst-says-11619013827?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://www.marketwatch.com/story/buy-coinbase-stock-as-crypto-has-reached-an-inflection-point-to-legitimacy-analyst-says-11619013827?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129872922","content_text":"Rosenblatt's Horgan is bullish on long-term upside, but is more cautious near-term give risk of pullback in cryptocurrency prices\nAFP VIA GETTY IMAGES\nCoinbase Global Inc. received yet another bullish endorsement from a Wall Street analyst on Wednesday, with Rosenblatt Securities analyst Sean Horgan expects the cryptocurrency exchange stands to be a \"long-term category leader.\"\nHorgan initiated coverage of Coinbase with a buy rating and a stock price target of $450, which is about 46% above current levels.\nThat keeps it unanimous, as all six analysts surveyed by FactSet have the equivalent of buy ratings on Coinbase. The average price target is $509.00, which is more than double the $250 reference price established when the stock went public last week.\nThe stock dropped 3.7% in morning trading Wednesday, to trade 5.9% below where it closed on its first day of trading on April 14 .\nHorgan said he was bullish on the long-term upside of Coinbase, as it is set to benefit from the growing adoption and acceptance of cryptocurrencies. He said he was more cautious for the short-term, however, as \"the stock faces downside risk from the drawdown in the price of crypto.\"\nFACTSET\nBitcoin was down 1.4% in morning trading Wednesday, and has shed 12.4% since closing at a record $63,434.45 on April 13, according to FactSet data. Despite the recent pullback, bitcoin has still climbed 91.6% year to date and soared 712.7% over the past 12 months. In comparison, the S&P 500 index has gained 10.4% this year and rallied 51.5% over the past year.\nLast week, BTIG analyst Mark Palmer initiated coverage of Coinbase with a buy rating and $500 stock price target, saying he believed the crypto exchange will be the \"primary beneficiary\" of the increased adoption of bitcoin and other digital assets, especially be institutional investors.\n\"We believe [Coinbase] should be regarded as the market leader in a category characterized by rapid and apparently sustainable growth driven by significant changes in consumers' behaviors and their adoption of new technology,\" Palmer wrote in a research note.\nRosenblatt's Horgan said he believes it's \"reasonable\" to assume the potential for cryptocurrency market value to increase by about fivefold to the approximately $11 trillion market value of gold over the next years. He said Coinbase's current 11% share of the crypto market leaves it in \"pole position\" to capitalize on that growth.\n\"Crypto has reached an inflection point on its road to legitimacy, and we see this as a long-term disruptive trend that is only in its early innings,\" Horgan wrote in a note to clients. \"Net/net, we are buyers of [Coinbase's stock] as a long-term category leader and pure-play cryptocurrency stock.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":192,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":376677833,"gmtCreate":1619126506522,"gmtModify":1704719935971,"author":{"id":"3578478726247630","authorId":"3578478726247630","name":"xNemesys","avatar":"https://static.tigerbbs.com/09ab86d6c490aba7ca6d9acc22937ac4","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578478726247630","authorIdStr":"3578478726247630"},"themes":[],"htmlText":"So hard to keep with trends these days. Gamestop is supposedly dying but it is instead pumping woth steroids. How now? No need FA or TA, just diamonds hands. Weak hands stay out&nbsp;","listText":"So hard to keep with trends these days. Gamestop is supposedly dying but it is instead pumping woth steroids. How now? No need FA or TA, just diamonds hands. Weak hands stay out&nbsp;","text":"So hard to keep with trends these days. Gamestop is supposedly dying but it is instead pumping woth steroids. How now? No need FA or TA, just diamonds hands. Weak hands stay out","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/376677833","repostId":"2129381431","repostType":4,"repost":{"id":"2129381431","kind":"highlight","pubTimestamp":1619091720,"share":"https://ttm.financial/m/news/2129381431?lang=&edition=fundamental","pubTime":"2021-04-22 19:42","market":"us","language":"en","title":"Don't Touch GameStop Until This Happens","url":"https://stock-news.laohu8.com/highlight/detail?id=2129381431","media":"Motley Fool","summary":"Despite investors sending the stock price soaring, GameStop faces a tough road.","content":"<p>Fueled by Reddit group WallStreetBets and others piling into the shares, which also caused short covering, <b>GameStop</b>'s (NYSE:GME), shares went from about $17 at the start of the year to $483 in February. Although the stock has dropped from that level, it remains up about 800% this year.</p><p>If you haven't benefited from this year's astounding rise, you may feel like you've missed out. But there are good reasons you should hold off right now.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F621884%2Fgettyimages-157672090.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"429\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><h2>Losing to digital</h2><p>GameStop sells video hardware and games. While it was doing well for a long time, online competition and digital downloads from the likes of Epic Games, Steam, <b>Microsoft</b>, and <b>Sony</b>&nbsp;have eaten into the retailer's sales.</p><p>In fact, in four out of the last five years, GameStop's same-store sales (comps) fell. This includes a 19.4% drop in fiscal 2019. This period ended on Feb. 1, 2020, before the pandemic took hold and dramatically altered people's lives and business activity.</p><p>Last year, comps dropped by 9.5%. These results didn't measure up, even given the pandemic, and CEO George Sherman forfeited previously granted performance shares.</p><p>GameStop faced a tough road to reverse this slide and compete with digital offerings. But an investment offered GameStop shareholders some hope that better days were ahead.</p><h2>A major investor enters</h2><p>RC Ventures, led by Ryan Cohen, who founded the successful online company <b>Chewy</b>, made a major investment in GameStop last year.</p><p>With about a 13% stake, RC Ventures has set about to make some changes. This includes Cohen, who took a board seat along with two others in January, recently stepping up as chairman. The company also announced that George Sherman, chief executive officer, was stepping down in July, or possibly earlier if his replacement is found.</p><p>With Cohen's experience, plus his push to hire executives with e-commerce experience from places like Chewy and <b>Amazon</b>, Cohen will attempt to move GameStop further into digital offerings.</p><h2>Hit the pause button</h2><p>GameStop, which has been cleaning up its balance sheet, recently announced that it would pay down debt. It plans to repay the $216 million senior notes, ridding itself of long-term debt. This gives the company some breathing room to execute its plan.</p><p>Cohen is hiring the management team, but it has provided few details on a turnaround plan. While he certainly has e-commerce credentials, and his track record is impressive, it is hard to take a leap of faith right now. There are formidable competitors in the digital download arena, making it tough for GameStop to compete. This means winning the battle will not come easy.</p><p>There a couple of things that need to happen before you invest your money. First, you need to hear details on the plan. But I wouldn't stop there. It is important to see how management is executing its strategy and how its actions flow to the top and bottom lines.</p><p>While GameStop's fourth-quarter comps rose by 6.5%, this was largely due to new game consoles from Sony and Microsoft. This also helped first-quarter sales get off to a good start, with February's comps increasing by 23%. Therefore, it is important to see how the company's software sales, which GameStop breaks out separately, are doing. With fierce online competition, this isn't easy sledding.</p><p>Until you see this improving, it's best to sit on the sidelines.</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>Don't Touch GameStop Until This Happens</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\">\nDon't Touch GameStop Until This Happens\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 19:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/22/dont-touch-gamestop-until-this-happens/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fueled by Reddit group WallStreetBets and others piling into the shares, which also caused short covering, GameStop's (NYSE:GME), shares went from about $17 at the start of the year to $483 in ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/22/dont-touch-gamestop-until-this-happens/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.fool.com/investing/2021/04/22/dont-touch-gamestop-until-this-happens/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129381431","content_text":"Fueled by Reddit group WallStreetBets and others piling into the shares, which also caused short covering, GameStop's (NYSE:GME), shares went from about $17 at the start of the year to $483 in February. Although the stock has dropped from that level, it remains up about 800% this year.If you haven't benefited from this year's astounding rise, you may feel like you've missed out. But there are good reasons you should hold off right now.Image source: Getty Images.Losing to digitalGameStop sells video hardware and games. While it was doing well for a long time, online competition and digital downloads from the likes of Epic Games, Steam, Microsoft, and Sony have eaten into the retailer's sales.In fact, in four out of the last five years, GameStop's same-store sales (comps) fell. This includes a 19.4% drop in fiscal 2019. This period ended on Feb. 1, 2020, before the pandemic took hold and dramatically altered people's lives and business activity.Last year, comps dropped by 9.5%. These results didn't measure up, even given the pandemic, and CEO George Sherman forfeited previously granted performance shares.GameStop faced a tough road to reverse this slide and compete with digital offerings. But an investment offered GameStop shareholders some hope that better days were ahead.A major investor entersRC Ventures, led by Ryan Cohen, who founded the successful online company Chewy, made a major investment in GameStop last year.With about a 13% stake, RC Ventures has set about to make some changes. This includes Cohen, who took a board seat along with two others in January, recently stepping up as chairman. The company also announced that George Sherman, chief executive officer, was stepping down in July, or possibly earlier if his replacement is found.With Cohen's experience, plus his push to hire executives with e-commerce experience from places like Chewy and Amazon, Cohen will attempt to move GameStop further into digital offerings.Hit the pause buttonGameStop, which has been cleaning up its balance sheet, recently announced that it would pay down debt. It plans to repay the $216 million senior notes, ridding itself of long-term debt. This gives the company some breathing room to execute its plan.Cohen is hiring the management team, but it has provided few details on a turnaround plan. While he certainly has e-commerce credentials, and his track record is impressive, it is hard to take a leap of faith right now. There are formidable competitors in the digital download arena, making it tough for GameStop to compete. This means winning the battle will not come easy.There a couple of things that need to happen before you invest your money. First, you need to hear details on the plan. But I wouldn't stop there. It is important to see how management is executing its strategy and how its actions flow to the top and bottom lines.While GameStop's fourth-quarter comps rose by 6.5%, this was largely due to new game consoles from Sony and Microsoft. This also helped first-quarter sales get off to a good start, with February's comps increasing by 23%. Therefore, it is important to see how the company's software sales, which GameStop breaks out separately, are doing. With fierce online competition, this isn't easy sledding.Until you see this improving, it's best to sit on the sidelines.","news_type":1},"isVote":1,"tweetType":1,"viewCount":238,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}