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RainaEWQ
2021-07-13
$Exela Technologies, Inc.(XELA)$
up up up
RainaEWQ
2021-07-02
$Aethlon Medical(AEMD)$
Will you ever go up again.
RainaEWQ
2021-06-26
?
Shopify: Valuation Should Not Be A Concern
RainaEWQ
2021-06-26
nice.
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RainaEWQ
2021-06-26
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ARKK: Buy On Weakness Before It Leaves Without You
RainaEWQ
2021-06-26
nice.
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RainaEWQ
2021-06-26
will it go up again?
RainaEWQ
2021-06-25
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Tiger Broker has been honoured The Asset Triple A Sustainable Investing Awards 2021
RainaEWQ
2021-06-25
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RainaEWQ
2021-06-25
$Aethlon Medical(AEMD)$
hold?
RainaEWQ
2021-06-25
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Two guests aboard Royal Caribbean cruise test positive for Covid
RainaEWQ
2021-06-25
nice.
Athena says will install 1,500 cryptocurrency ATMs in El Salvador
RainaEWQ
2021-06-14
$Cresco Labs Inc.(CRLBF)$
??
RainaEWQ
2021-06-04
$Cresco Labs Inc.(CRLBF)$
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","listText":"<a href=\"https://laohu8.com/S/AEMD\">$Aethlon Medical(AEMD)$</a>Will you ever go up again. ","text":"$Aethlon Medical(AEMD)$Will you ever go up again.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/156471272","isVote":1,"tweetType":1,"viewCount":498,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125807905,"gmtCreate":1624666679807,"gmtModify":1703843038632,"author":{"id":"3579993752209850","authorId":"3579993752209850","name":"RainaEWQ","avatar":"https://static.tigerbbs.com/61454605a806295755b784f273ebf4b7","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579993752209850","authorIdStr":"3579993752209850"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/125807905","repostId":"1117650695","repostType":2,"repost":{"id":"1117650695","kind":"news","pubTimestamp":1623902228,"share":"https://ttm.financial/m/news/1117650695?lang=&edition=fundamental","pubTime":"2021-06-17 11:57","market":"us","language":"en","title":"Shopify: Valuation Should Not Be A Concern","url":"https://stock-news.laohu8.com/highlight/detail?id=1117650695","media":"seekingalpha","summary":"Shopify is a leading merchant platform empowering mostly small online retailers.Shopify is set to grow revenues to $5b by 2023.Fulfillment center strategy makes Shopify a long-term threat to Amazon.Shopify is taking a larger bite out of the e-commerce market and the price is justified given Shopify's potential for rapid revenue growth.Shopify is a strong buy as the merchant platform takes a bigger and bigger bite out of the expanding e-commerce market and revenues are growing rapidly. Shopify i","content":"<p><b>Summary</b></p>\n<ul>\n <li>Shopify is a leading merchant platform empowering mostly small online retailers.</li>\n <li>Shopify is set to grow revenues to $5b by 2023.</li>\n <li>Fulfillment center strategy makes Shopify a long-term threat to Amazon.</li>\n <li>Shopify is taking a larger bite out of the e-commerce market and the price is justified given Shopify's potential for rapid revenue growth.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b5f3ab455f8b2c1956c4124771b084d9\" tg-width=\"768\" tg-height=\"400\"><span>ipopba/iStock via Getty Images</span></p>\n<p>Shopify (SHOP) is a strong buy as the merchant platform takes a bigger and bigger bite out of the expanding e-commerce market and revenues are growing rapidly. Shopify is on its way to becoming a $5b annual revenue company and its fulfillment center strategy provides fertile ground for stock price appreciation. Amazon(NASDAQ:AMZN)should be worried.</p>\n<p><b>Why Shopify is a strong buy</b></p>\n<p>Shopify enables people to start an online business relatively fast and with very little cost. Itse-commerce platform offers a suite of integrated products and apps that includes marketing functionality, payment processing and customer engagement tools. Shopify’s core services are paid for on a subscription basis with the most basic plan starting at $29-month.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d0e35fa316c0fd7e939400d53fd623fb\" tg-width=\"1280\" tg-height=\"266\"><span>(Source: Shopify)</span></p>\n<p>Thee-commerce market is booming, not just because of the pandemic. The ease of shopping and the wide distribution of mobile devices made online shopping popular even before COVID-19 emerged. Globale-commerce sales are expected to rise in the future with some estimates calling for global online sales of $4.9 trillion in 2021... with sales growing 30% to $6.4 trillion by 2024.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9918556cae0d9e7fdb0e58780b922413\" tg-width=\"907\" tg-height=\"460\"><span>(Source:Oberlo)</span></p>\n<p>Online sales are not only expected to grow in absolute terms but also relatively: E-Commerce is taking an ever-growing share of retail sales, a trend that accelerated during the 2020 pandemic year. Thee-commerce share of retail sales in 2020 was 18% and is projected to grow to 21.8% by 2024.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1c7297749c9cb665e56f89bb920507e5\" tg-width=\"905\" tg-height=\"463\"><span>(Source:Oberlo)</span></p>\n<p>Growth ine-commerce and merchandise volumes are not dependent on one particular category either. People buy everything from fashion items to personal care products online. According to Hootsuite’sDigital 2021 Global Overview Report, money spent on travel and accommodation cratered 51% due to the pandemic but all other categories grew sales by at least 18% Y/Y.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bd515034ac6d1ea79da171cca44eacb0\" tg-width=\"1232\" tg-height=\"682\"><span>(Source: Digital 2021Global Overview Report)</span></p>\n<p>Shopify also saw a year of revenue acceleration during the pandemic… just like Amazon did. As people lost their jobs because of COVID-19 and remote working became the new standard, Shopify’s merchant platform gained in popularity, too. The pandemic also helped shift a lot of purchasing power online as retail stores and small businesses shut their doors. Shopify benefited from these unfortunate trends by experiencing a surge in revenues as more retailers built online stores and processed transactions through Shopify. Shopify’s revenues surged 86% to $2.9b in FY 2020.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/47be367ae30fc395bd0cf9f998f5efc0\" tg-width=\"1106\" tg-height=\"574\"><span>(Source:Shopify)</span></p>\n<p>Shopify’s revenues can be broken down into two parts, subscriptions and merchant solutions. Subscriptions include the payments for monthly plans and merchant solutions include additional costs for doing business through Shopify, such as payment processing fees and costs associated with Shopify Shipping and point-of-sale terminals. Revenues from merchant solutions have become more important for Shopify over time as the platform developed its ecosystem and created new apps and products for its merchants to use.</p>\n<p>2020 was a banner year for Shopify and its merchants. The gross merchandise value, the amount cumulatively sold through Shopify, doubled from $61.1b before the pandemic to $119.6b a year later. While 2020 growth rates will likely decline in 2021 as normal retail businesses open their doors again, merchandise volumes will continue to grow as thee-commerce market expands. I estimate that Shopify’s GMV will reach $210b for FY 2021 and $340b next year.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/845466a2e9dd8dcae9d4d3c4542611c9\" tg-width=\"938\" tg-height=\"546\"><span>(Source: Shopify)</span></p>\n<p>Shopify’s FY 2020 gross profits also saw rapid growth. Gross profits surged 78% to $1.6b with more growth expected in FY 2021.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c2530faf2d14eb2bb0f90d05694eba0b\" tg-width=\"904\" tg-height=\"544\"><span>(Source: Shopify)</span></p>\n<p><b>Taking on Amazon</b></p>\n<p>Shopify’s merchant platform shows healthy growth in subscriber and merchant revenues and merchant revenues are going to continue to grow in importance as Shopify signs up new partners and develops its apps suite. This is quite predictable.</p>\n<p>Longer term, however, Shopify should emerge as a growing threat to Amazon because of its investments in fulfillment centers. Entering the physical space is the next step in Shopify’s evolution and Amazon should be worried. Amazon is still the largeste-commerce platform, by far, but Shopify’s move into fulfillment centers is set to narrow this existing gap between the two companies. Amazon’s share of US retaile-commerce share is 4.5 times larger than Shopify’s giving Shopify a lot of potential to catch up...</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5108b1c5dead03ebaec97df972ed74f7\" tg-width=\"891\" tg-height=\"600\"><span>(Source: Shopify)</span></p>\n<p>Building its own fulfillment centers makes strategic sense for Shopify since it solves problems that a lot of online retailers have. Fulfillment centers, as the same implies, take over the function of fulfillment. This means a merchant that sells on Shopify sends goods to a warehouse and Shopify takes over order processing and shipping in return for a fee. The benefit for the retailer is obvious: Reduced shipping times and optimized inventory management.</p>\n<p>The benefit for Shopify: It can collect more revenues by controlling the fulfillment part of the sales process. While Shopify will build new fulfillment centers in the US as part of a $1b investment plan, it also provides Shopify with the option to use its US fulfillment network as a springboard to enter markets outside the US and drive its international expansion.</p>\n<p>Shopify is cashed up after the pandemic year and has more than enough cash to finance its expansion which in the future will likely include the expansion into international fulfillment markets. Shopify’s balance sheet is healthy enough to support the platform’s growth.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b284d5316a0604662b9dd5af30215f3f\" tg-width=\"640\" tg-height=\"542\"><span>(Source:Shopify)</span></p>\n<p>If Shopify and Amazon were to go toe-to-toe, Amazon would have a distinct advantage… because it is so much bigger than Shopify and because its website is drawing the most traffic as the number onee-commerce platform in the US. Amazon is about ten times bigger than Shopify regarding market value and Amazon has sales that are more than one hundred times larger than Shopify’s… so the battle between these twoe-commerce companies can be seen as a battle between David and Goliath, with Amazon being the Goliath.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d5d0d062b9a02247c1e38dc5b0c23343\" tg-width=\"635\" tg-height=\"500\"><span>Data by YCharts</span></p>\n<p>But Shopify is growing its merchant platform fast and operates from a much smaller revenue base, which is easier to scale. Shopify has more than 1.7m merchants signed on to its platform from 175 countries and continually develops news complementary sources of revenues. In its latestproduct news, Shopify announced that it will make its “one-click checkout” available to all merchants selling on Facebook(NASDAQ:FB) and Google(NASDAQ:GOOG)(NASDAQ:GOOGL)using Shop Pay. The integration is set to lower the “abandoned card” problem many retailers have which is customers not completing the checkout process. Shop Pay could provide a remedy to this problem by making the checkout process easier and more efficient.</p>\n<p><b>Risks</b></p>\n<p>Margins ine-commerce are very thin and growing competition in the industry will make things worse long term. The easy and relatively low-cost entry into thee-commerce market could also turn out to be a problem longer term. Companies that win ine-commerce are companies like Shopify with their own ecosystems that create a moat and protect against competition. Slowing revenue growth and an overblown valuation may be the two biggest risks for Shopify.</p>\n<p><b>You pay for Shopify's growth...</b></p>\n<p>By the end of next year Shopify should be a $5b annual revenue company, but the critical revenue milestone could be reached much sooner if Shopify manages to grow as fast as it did during the pandemic. The expectation is for Shopify to earn $4.35-share on revenues of $4.4b in FY 2021 with revenues scaling to ten-fold to $42b this decade. I believe fulfillment centers alone represent a $1b annual revenue opportunity for Shopify long term. Revenues for FY 2022 should also be closer to $6.5b with the consensus calling for revenues of \"only\" $5.9b.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/add63adc4e771f68c7aa36779607334d\" tg-width=\"640\" tg-height=\"286\"><span>(Source: Seeking Alpha)</span></p>\n<p>Amazon still has a big lead on Shopify, but the twoe-commerce companies are set to go toe-to-toe long term. Every new product that Shopify rolls out and every new fulfillment center it builds brings Shopify one step closer to taking Amazon head-on. Although Shopify is more expensive than Amazon on a per-dollar-of-revenue basis, the merchant platform clearly has the stature and ambition to take on Amazon.</p>\n<p>Shopify trades at a P-S ratio of 28, but you pay for growth...</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f2f713ad31e8c26c8d670a737c252cdb\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p>\n<p><b>Final thoughts</b></p>\n<p>Shopify has an incredible long-term growth opportunity and Amazon should be worried.</p>\n<p>Shopify has proven to be a real innovator in the industry and constantly develops new products that make online shopping easier for both the online retailer and the merchant.</p>\n<p>Although Shopify has a much higher P-S ratio than Amazon, Shopify has more potential to grow because of its relatively smaller revenue base and market cap.</p>\n<p>The fulfillment center strategy makes a lot of strategic sense and will fortify Shopify's position in the e-commerce market. It can also fuel Shopify's international expansion.</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>Shopify: Valuation Should Not Be A Concern</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\">\nShopify: Valuation Should Not Be A Concern\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 11:57 GMT+8 <a href=https://seekingalpha.com/article/4435237-shopify-set-to-fly-as-it-takes-on-amazon><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nShopify is a leading merchant platform empowering mostly small online retailers.\nShopify is set to grow revenues to $5b by 2023.\nFulfillment center strategy makes Shopify a long-term threat ...</p>\n\n<a href=\"https://seekingalpha.com/article/4435237-shopify-set-to-fly-as-it-takes-on-amazon\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SHOP":"Shopify Inc"},"source_url":"https://seekingalpha.com/article/4435237-shopify-set-to-fly-as-it-takes-on-amazon","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117650695","content_text":"Summary\n\nShopify is a leading merchant platform empowering mostly small online retailers.\nShopify is set to grow revenues to $5b by 2023.\nFulfillment center strategy makes Shopify a long-term threat to Amazon.\nShopify is taking a larger bite out of the e-commerce market and the price is justified given Shopify's potential for rapid revenue growth.\n\nipopba/iStock via Getty Images\nShopify (SHOP) is a strong buy as the merchant platform takes a bigger and bigger bite out of the expanding e-commerce market and revenues are growing rapidly. Shopify is on its way to becoming a $5b annual revenue company and its fulfillment center strategy provides fertile ground for stock price appreciation. Amazon(NASDAQ:AMZN)should be worried.\nWhy Shopify is a strong buy\nShopify enables people to start an online business relatively fast and with very little cost. Itse-commerce platform offers a suite of integrated products and apps that includes marketing functionality, payment processing and customer engagement tools. Shopify’s core services are paid for on a subscription basis with the most basic plan starting at $29-month.\n(Source: Shopify)\nThee-commerce market is booming, not just because of the pandemic. The ease of shopping and the wide distribution of mobile devices made online shopping popular even before COVID-19 emerged. Globale-commerce sales are expected to rise in the future with some estimates calling for global online sales of $4.9 trillion in 2021... with sales growing 30% to $6.4 trillion by 2024.\n(Source:Oberlo)\nOnline sales are not only expected to grow in absolute terms but also relatively: E-Commerce is taking an ever-growing share of retail sales, a trend that accelerated during the 2020 pandemic year. Thee-commerce share of retail sales in 2020 was 18% and is projected to grow to 21.8% by 2024.\n(Source:Oberlo)\nGrowth ine-commerce and merchandise volumes are not dependent on one particular category either. People buy everything from fashion items to personal care products online. According to Hootsuite’sDigital 2021 Global Overview Report, money spent on travel and accommodation cratered 51% due to the pandemic but all other categories grew sales by at least 18% Y/Y.\n(Source: Digital 2021Global Overview Report)\nShopify also saw a year of revenue acceleration during the pandemic… just like Amazon did. As people lost their jobs because of COVID-19 and remote working became the new standard, Shopify’s merchant platform gained in popularity, too. The pandemic also helped shift a lot of purchasing power online as retail stores and small businesses shut their doors. Shopify benefited from these unfortunate trends by experiencing a surge in revenues as more retailers built online stores and processed transactions through Shopify. Shopify’s revenues surged 86% to $2.9b in FY 2020.\n(Source:Shopify)\nShopify’s revenues can be broken down into two parts, subscriptions and merchant solutions. Subscriptions include the payments for monthly plans and merchant solutions include additional costs for doing business through Shopify, such as payment processing fees and costs associated with Shopify Shipping and point-of-sale terminals. Revenues from merchant solutions have become more important for Shopify over time as the platform developed its ecosystem and created new apps and products for its merchants to use.\n2020 was a banner year for Shopify and its merchants. The gross merchandise value, the amount cumulatively sold through Shopify, doubled from $61.1b before the pandemic to $119.6b a year later. While 2020 growth rates will likely decline in 2021 as normal retail businesses open their doors again, merchandise volumes will continue to grow as thee-commerce market expands. I estimate that Shopify’s GMV will reach $210b for FY 2021 and $340b next year.\n(Source: Shopify)\nShopify’s FY 2020 gross profits also saw rapid growth. Gross profits surged 78% to $1.6b with more growth expected in FY 2021.\n(Source: Shopify)\nTaking on Amazon\nShopify’s merchant platform shows healthy growth in subscriber and merchant revenues and merchant revenues are going to continue to grow in importance as Shopify signs up new partners and develops its apps suite. This is quite predictable.\nLonger term, however, Shopify should emerge as a growing threat to Amazon because of its investments in fulfillment centers. Entering the physical space is the next step in Shopify’s evolution and Amazon should be worried. Amazon is still the largeste-commerce platform, by far, but Shopify’s move into fulfillment centers is set to narrow this existing gap between the two companies. Amazon’s share of US retaile-commerce share is 4.5 times larger than Shopify’s giving Shopify a lot of potential to catch up...\n(Source: Shopify)\nBuilding its own fulfillment centers makes strategic sense for Shopify since it solves problems that a lot of online retailers have. Fulfillment centers, as the same implies, take over the function of fulfillment. This means a merchant that sells on Shopify sends goods to a warehouse and Shopify takes over order processing and shipping in return for a fee. The benefit for the retailer is obvious: Reduced shipping times and optimized inventory management.\nThe benefit for Shopify: It can collect more revenues by controlling the fulfillment part of the sales process. While Shopify will build new fulfillment centers in the US as part of a $1b investment plan, it also provides Shopify with the option to use its US fulfillment network as a springboard to enter markets outside the US and drive its international expansion.\nShopify is cashed up after the pandemic year and has more than enough cash to finance its expansion which in the future will likely include the expansion into international fulfillment markets. Shopify’s balance sheet is healthy enough to support the platform’s growth.\n(Source:Shopify)\nIf Shopify and Amazon were to go toe-to-toe, Amazon would have a distinct advantage… because it is so much bigger than Shopify and because its website is drawing the most traffic as the number onee-commerce platform in the US. Amazon is about ten times bigger than Shopify regarding market value and Amazon has sales that are more than one hundred times larger than Shopify’s… so the battle between these twoe-commerce companies can be seen as a battle between David and Goliath, with Amazon being the Goliath.\nData by YCharts\nBut Shopify is growing its merchant platform fast and operates from a much smaller revenue base, which is easier to scale. Shopify has more than 1.7m merchants signed on to its platform from 175 countries and continually develops news complementary sources of revenues. In its latestproduct news, Shopify announced that it will make its “one-click checkout” available to all merchants selling on Facebook(NASDAQ:FB) and Google(NASDAQ:GOOG)(NASDAQ:GOOGL)using Shop Pay. The integration is set to lower the “abandoned card” problem many retailers have which is customers not completing the checkout process. Shop Pay could provide a remedy to this problem by making the checkout process easier and more efficient.\nRisks\nMargins ine-commerce are very thin and growing competition in the industry will make things worse long term. The easy and relatively low-cost entry into thee-commerce market could also turn out to be a problem longer term. Companies that win ine-commerce are companies like Shopify with their own ecosystems that create a moat and protect against competition. Slowing revenue growth and an overblown valuation may be the two biggest risks for Shopify.\nYou pay for Shopify's growth...\nBy the end of next year Shopify should be a $5b annual revenue company, but the critical revenue milestone could be reached much sooner if Shopify manages to grow as fast as it did during the pandemic. The expectation is for Shopify to earn $4.35-share on revenues of $4.4b in FY 2021 with revenues scaling to ten-fold to $42b this decade. I believe fulfillment centers alone represent a $1b annual revenue opportunity for Shopify long term. Revenues for FY 2022 should also be closer to $6.5b with the consensus calling for revenues of \"only\" $5.9b.\n(Source: Seeking Alpha)\nAmazon still has a big lead on Shopify, but the twoe-commerce companies are set to go toe-to-toe long term. Every new product that Shopify rolls out and every new fulfillment center it builds brings Shopify one step closer to taking Amazon head-on. Although Shopify is more expensive than Amazon on a per-dollar-of-revenue basis, the merchant platform clearly has the stature and ambition to take on Amazon.\nShopify trades at a P-S ratio of 28, but you pay for growth...\nData by YCharts\nFinal thoughts\nShopify has an incredible long-term growth opportunity and Amazon should be worried.\nShopify has proven to be a real innovator in the industry and constantly develops new products that make online shopping easier for both the online retailer and the merchant.\nAlthough Shopify has a much higher P-S ratio than Amazon, Shopify has more potential to grow because of its relatively smaller revenue base and market cap.\nThe fulfillment center strategy makes a lot of strategic sense and will fortify Shopify's position in the e-commerce market. It can also fuel Shopify's international expansion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":310,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125802468,"gmtCreate":1624666632254,"gmtModify":1703843035159,"author":{"id":"3579993752209850","authorId":"3579993752209850","name":"RainaEWQ","avatar":"https://static.tigerbbs.com/61454605a806295755b784f273ebf4b7","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579993752209850","authorIdStr":"3579993752209850"},"themes":[],"htmlText":"nice. ","listText":"nice. ","text":"nice.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/125802468","repostId":"1186919064","repostType":2,"isVote":1,"tweetType":1,"viewCount":346,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125801095,"gmtCreate":1624666533117,"gmtModify":1703843030116,"author":{"id":"3579993752209850","authorId":"3579993752209850","name":"RainaEWQ","avatar":"https://static.tigerbbs.com/61454605a806295755b784f273ebf4b7","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579993752209850","authorIdStr":"3579993752209850"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/125801095","repostId":"1104807513","repostType":2,"repost":{"id":"1104807513","kind":"news","pubTimestamp":1624447558,"share":"https://ttm.financial/m/news/1104807513?lang=&edition=fundamental","pubTime":"2021-06-23 19:25","market":"us","language":"en","title":"ARKK: Buy On Weakness Before It Leaves Without You","url":"https://stock-news.laohu8.com/highlight/detail?id=1104807513","media":"seekingalpha","summary":"Summary\n\nARK Innovation ETF lost almost 40% from its Feb high to the depths in May as it also experi","content":"<p><b>Summary</b></p>\n<ul>\n <li>ARK Innovation ETF lost almost 40% from its Feb high to the depths in May as it also experienced its worst fund outflows in over a year.</li>\n <li>While fear took over many of ARKK’s investors, long-term ARKK investors know nothing has changed, as secular growth drivers remain well intact.</li>\n <li>Long-term investors should take advantage of its price weakness to add more positions of ARK’s flagship ETF.</li>\n</ul>\n<p><b>Investment Thesis</b></p>\n<p>ARK Innovation ETF(NYSEARCA:ARKK)is a popular ETF among retail investors who wish to gain access to disruptive companies in their respective industries. We present our case on whether ARK has lost its “mojo” as it underperformed the broader index ETFs this year, or whether its highest conviction companies remain at the forefront of benefiting from rapid growth drivers ahead.</p>\n<p>ARKK's Highest Conviction Holdings</p>\n<p><img src=\"https://static.tigerbbs.com/6d9d114e082d89c9545bffa12cf3fe50\" tg-width=\"692\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p>\n<p>ARKK Top Holdings. Data source: Koyfin</p>\n<p>ARKK lost about 40% during the recent growth stocks rotation that spooked investors in the companies that formed the top ten largest holdings in ARKK, that collectively accounted for more than 50% of the ETF’s holdings. Although the ETF has recovered somewhat from its lows, it remained 26% away from its Feb high. The rotation has also claimed many of its top holdings as they remained some distance below their respective recent highs: Tesla (TSLA): 32%, Teladoc (TDOC): 50%, Roku, Inc (ROKU): 25%, Shopify (SHOP): 2%, Square (SQ): 17%, Zoom (ZM): 37%, Twilio (TWLO): 20%, Spotify (SPOT): 36%, Unity (U): 40% and Coinbase (COIN): 47%.</p>\n<p>ARKK Fund Flows (1Y period). Source: etfdb</p>\n<p>As a result, investors exited the ETF in droves as the fund suffered its worst outflows over the last one year from Mar to May (with a respite in Apr). Our opinion is astute investors took the chance to sell ARKK into strength in Feb as many late buyers to the market couldn’t wait to chase growth stocks to the sky, that also dragged down many fearful investors over these two months.</p>\n<p>We believe no discussion of ARKK is ever complete without focusing on the fundamentals and growth drivers of the ETF’s highest conviction holdings that we summarise below. We believe the secular growth drivers supporting ARKK’s highest conviction holdings have not changed, while their valuations have gotten a lot more attractive.</p>\n<p><b>Tesla: ARK Estimates There is a 50% Chance that TSLA Would Achieve Fully Autonomous Driving by 2025</b></p>\n<p><img src=\"https://static.tigerbbs.com/7915c3196af23e54013216a209076529\" tg-width=\"600\" tg-height=\"371\" referrerpolicy=\"no-referrer\"></p>\n<p>Estimated U.S. market share of automakers. Data source: GoodCarBadCar.net</p>\n<p>Estimated plug-in EV sales worldwide. Data source: CleanTechnica; EV-Volumes.com</p>\n<p>Investors need no further introduction to TSLA. What’s more important is that while TSLA represented only 2% of the automakers' market share in the U.S., it’s the worldwide leader in EV sales by a fairly large margin. It goes to show the tremendous amount of opportunity for TSLA to capture in the years ahead as the industry’s EV leader.</p>\n<p><img src=\"https://static.tigerbbs.com/3a1d3ce3dc2d4d9a2265995ad24eb957\" tg-width=\"600\" tg-height=\"371\" referrerpolicy=\"no-referrer\"></p>\n<p>L4/5 autonomous vehicles market share. Data source: Deloitte</p>\n<p>TSLA investors know that the company’s lead would hardly be confined to just EV, as that’s just the tip of the iceberg. What makes TSLA such a high conviction pick for ARK is how its lead in EV and full self-driving [FSD] development would open up huge potential opportunities for the company. ARK emphasized:</p>\n<blockquote>\n In our last valuation model, ARK assumed that Tesla had a 30% chance of delivering fully autonomous driving in the five years ended 2024. Now,ARK estimates that the probability is 50% by 2025. Since our last forecast, neural networks have solved many complex problems previously considered unsolvable, increasing the probability that robotaxis are viable. ARK estimates that Tesla’s vehicle fleet gives it access to 30-40 million miles of data per day, up from 20 million per day last year. If successful, Tesla could scale its robotaxi service rapidly, allocating the additional cash in turn to manufacturing capacity serving its autonomous network.\n</blockquote>\n<p>The chart above also gives investors an idea on how Tesla’s lead may transform the entire auto industry by 2035 where in the “disruptive” scenario 59% and 66% of vehicles would be Level 4 or 5 autonomous vehicles, giving the market leader an enormous share of the market, just in auto sales alone. We have not even accounted for revenue streams that could come from other areas such as robotaxi service as highlighted by ARK.</p>\n<p>Of course, not everyone agrees with Tesla’s approach, especially Waymo (unsurprisingly), as well asGuidehouse Insightswho ranked Tesla last again and Waymo first in its latest guide on autonomous driving. Guidehouse said:</p>\n<blockquote>\n “Tesla needs a thorough rethink of its approach to developing its automated driving system [ADS]. It has overpromised with its marketing for nearly 5 years and severely undelivered. Until Tesla is more honest it is unlikely to improve in the rankings of this leaderboard.\"\n</blockquote>\n<p>In addition, Waymo who had long doubted Tesla’s approach to FSD also weighed in again early this year as CEO John Krafcik emphasized:</p>\n<blockquote>\n For us,Tesla is not a competitor at all. We manufacture a completely autonomous driving system. Tesla is an automaker that is developing a really good driver assistance system. It is a misconception that you can just keep developing a driver assistance system until one day you can magically leap to a fully autonomous driving system. In terms of robustness and accuracy, for example, our sensors are orders of magnitude better than what we see on the road from other manufacturers.\n</blockquote>\n<p>For investors, the jury is definitely still out on whether Tesla would be able to succeed, although ARK has long rested its case on TSLA as its highest conviction holding. Investors are encouraged to visitARK’s assumptionswhich detail their assumptions on their bullish stance.</p>\n<p><b>TDOC: Telemedicine Market is Expected to Grow at More Than 20% CAGR over the Next 10 Years</b></p>\n<p>Projected Global Telemedicine market. Data Source: thebusinessresearchcompany.com (TBRC)</p>\n<p>From the chart above we could clearly see that TDOC operates within arapidly growing telemedicine market, that is expected to grow from just $49.9B in 2019 to $459.8B by 2030 in 11 years, which would represent an incredible 25.9% CAGR.</p>\n<p>Telemedicine’s growth had started well before COVID-19 pandemic hit that was then accelerated by the pandemic. However, investors who do not understand TDOC’s growth drivers often lamented that the company’s growth and raison d'être would fizzle out once vaccinations and economies’ reopenings took over. We believe these investors were truly mistaken as TDOC is still expected to generate YoY revenue growth rates in excess of 25% moving forward, that for the emerging leader in telemedicine may even have been on the conservative side as it’s “merely” largely in line with the market’s expected CAGR. Therefore, TDOC’s growth prospects look extremely exciting.</p>\n<p><b>Invest in ARKK or Invest in its Highest Conviction Companies?</b></p>\n<p><img src=\"https://static.tigerbbs.com/3e60603b189daf2329303be82b4b0f98\" tg-width=\"1280\" tg-height=\"694\" referrerpolicy=\"no-referrer\"></p>\n<p>TSLA and TDOC EV / Fwd EBIT. Data source: S&P Capital IQ</p>\n<p>TSLA and TDOC EV / Fwd (EBITDA - CapEx). Data source: S&P Capital IQ</p>\n<p>Growth investors often find themselves undecided on whether to invest in the underlying stocks directly or invest through ARKK. While we don’t think there is a simple answer to this, investors should consider the key benefits of investing in ARKK as compared to investing directly in the underlying stocks.</p>\n<p>While companies such as TSLA and TDOC have massive potential as we could see from both the charts above where their valuations are expected to drop significantly as they continued to scale up and achieve their growth targets (assuming EV remains the same though it’s unrealistic if the companies continue to execute their growth strategies well). However, the fact of the matter remains that their valuations are not cheap whether basing off EBIT or FCF (using EBITDA - CapEx as a proxy) as shown clearly above.</p>\n<p>Therefore, by investing in ARKK you put your money in a widely diversified ETF that’s focused on disruptive companies that are expected to be the leader in the future, although some may not end up to be. Therefore, by investing in ARKK, investors could simply dedicate a disciplined proportion of their portfolio that they are willing to allocate to such disruptive stocks, without the need to fill up their portfolio with lots of them, and taking more risks than what may be appropriate. In addition, as such companies are usually emerging leaders in their respective fields, investors would need to do a lot of groundwork to keep pace with their investments in order to continue evaluating the quality of their thesis moving forward. However, ARK does all the heavy lifting for investors as ARK would actively manage those holdings and would reduce or add exposures to its stocks whenever necessary.</p>\n<p>Therefore, we gladly hold ARKK along with some of the underlying stocks within the ETF in order to benefit from a wide range of disruptive companies that we do not intend to hold as our underlying holdings but wish to gain an exposure to, while holding on to some of ARK's highest conviction picks as our core holdings.</p>\n<p><b>Price Action and Technical Analysis</b></p>\n<p><img src=\"https://static.tigerbbs.com/746f2145c66a240d1b7f32f44ab29c61\" tg-width=\"1280\" tg-height=\"842\" referrerpolicy=\"no-referrer\"></p>\n<p>ARKK has a strong uptrend bias that has been supported along the 20W moving average until it was lost during the rotation we saw between Feb and May. However, it seems like most of the inventory has already been unloaded by the weak holders as $105 looks like a strong support level that has held up well, that also coincided with the 50W moving average. We think that long term investors should not find the current price expensive even though ARKK has recovered somewhat from its May lows. The long term growth drivers remain highly attractive for its underlying stocks and investors should take advantage of the price weakness to initiate or add to ARK’s flagship ETF.</p>\n<p><b>Wrapping It All Up</b></p>\n<p>ARKK represents a convenient way for investors to gain exposure to companies that are expected to grow rapidly and establish themselves as the undisputed leaders in their respective industries.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ARKK: Buy On Weakness Before It Leaves Without You</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\">\nARKK: Buy On Weakness Before It Leaves Without You\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 19:25 GMT+8 <a href=https://seekingalpha.com/article/4435995-arkk-buy-on-weakness-before-it-leaves-without-you><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nARK Innovation ETF lost almost 40% from its Feb high to the depths in May as it also experienced its worst fund outflows in over a year.\nWhile fear took over many of ARKK’s investors, long-...</p>\n\n<a href=\"https://seekingalpha.com/article/4435995-arkk-buy-on-weakness-before-it-leaves-without-you\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF"},"source_url":"https://seekingalpha.com/article/4435995-arkk-buy-on-weakness-before-it-leaves-without-you","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1104807513","content_text":"Summary\n\nARK Innovation ETF lost almost 40% from its Feb high to the depths in May as it also experienced its worst fund outflows in over a year.\nWhile fear took over many of ARKK’s investors, long-term ARKK investors know nothing has changed, as secular growth drivers remain well intact.\nLong-term investors should take advantage of its price weakness to add more positions of ARK’s flagship ETF.\n\nInvestment Thesis\nARK Innovation ETF(NYSEARCA:ARKK)is a popular ETF among retail investors who wish to gain access to disruptive companies in their respective industries. We present our case on whether ARK has lost its “mojo” as it underperformed the broader index ETFs this year, or whether its highest conviction companies remain at the forefront of benefiting from rapid growth drivers ahead.\nARKK's Highest Conviction Holdings\n\nARKK Top Holdings. Data source: Koyfin\nARKK lost about 40% during the recent growth stocks rotation that spooked investors in the companies that formed the top ten largest holdings in ARKK, that collectively accounted for more than 50% of the ETF’s holdings. Although the ETF has recovered somewhat from its lows, it remained 26% away from its Feb high. The rotation has also claimed many of its top holdings as they remained some distance below their respective recent highs: Tesla (TSLA): 32%, Teladoc (TDOC): 50%, Roku, Inc (ROKU): 25%, Shopify (SHOP): 2%, Square (SQ): 17%, Zoom (ZM): 37%, Twilio (TWLO): 20%, Spotify (SPOT): 36%, Unity (U): 40% and Coinbase (COIN): 47%.\nARKK Fund Flows (1Y period). Source: etfdb\nAs a result, investors exited the ETF in droves as the fund suffered its worst outflows over the last one year from Mar to May (with a respite in Apr). Our opinion is astute investors took the chance to sell ARKK into strength in Feb as many late buyers to the market couldn’t wait to chase growth stocks to the sky, that also dragged down many fearful investors over these two months.\nWe believe no discussion of ARKK is ever complete without focusing on the fundamentals and growth drivers of the ETF’s highest conviction holdings that we summarise below. We believe the secular growth drivers supporting ARKK’s highest conviction holdings have not changed, while their valuations have gotten a lot more attractive.\nTesla: ARK Estimates There is a 50% Chance that TSLA Would Achieve Fully Autonomous Driving by 2025\n\nEstimated U.S. market share of automakers. Data source: GoodCarBadCar.net\nEstimated plug-in EV sales worldwide. Data source: CleanTechnica; EV-Volumes.com\nInvestors need no further introduction to TSLA. What’s more important is that while TSLA represented only 2% of the automakers' market share in the U.S., it’s the worldwide leader in EV sales by a fairly large margin. It goes to show the tremendous amount of opportunity for TSLA to capture in the years ahead as the industry’s EV leader.\n\nL4/5 autonomous vehicles market share. Data source: Deloitte\nTSLA investors know that the company’s lead would hardly be confined to just EV, as that’s just the tip of the iceberg. What makes TSLA such a high conviction pick for ARK is how its lead in EV and full self-driving [FSD] development would open up huge potential opportunities for the company. ARK emphasized:\n\n In our last valuation model, ARK assumed that Tesla had a 30% chance of delivering fully autonomous driving in the five years ended 2024. Now,ARK estimates that the probability is 50% by 2025. Since our last forecast, neural networks have solved many complex problems previously considered unsolvable, increasing the probability that robotaxis are viable. ARK estimates that Tesla’s vehicle fleet gives it access to 30-40 million miles of data per day, up from 20 million per day last year. If successful, Tesla could scale its robotaxi service rapidly, allocating the additional cash in turn to manufacturing capacity serving its autonomous network.\n\nThe chart above also gives investors an idea on how Tesla’s lead may transform the entire auto industry by 2035 where in the “disruptive” scenario 59% and 66% of vehicles would be Level 4 or 5 autonomous vehicles, giving the market leader an enormous share of the market, just in auto sales alone. We have not even accounted for revenue streams that could come from other areas such as robotaxi service as highlighted by ARK.\nOf course, not everyone agrees with Tesla’s approach, especially Waymo (unsurprisingly), as well asGuidehouse Insightswho ranked Tesla last again and Waymo first in its latest guide on autonomous driving. Guidehouse said:\n\n “Tesla needs a thorough rethink of its approach to developing its automated driving system [ADS]. It has overpromised with its marketing for nearly 5 years and severely undelivered. Until Tesla is more honest it is unlikely to improve in the rankings of this leaderboard.\"\n\nIn addition, Waymo who had long doubted Tesla’s approach to FSD also weighed in again early this year as CEO John Krafcik emphasized:\n\n For us,Tesla is not a competitor at all. We manufacture a completely autonomous driving system. Tesla is an automaker that is developing a really good driver assistance system. It is a misconception that you can just keep developing a driver assistance system until one day you can magically leap to a fully autonomous driving system. In terms of robustness and accuracy, for example, our sensors are orders of magnitude better than what we see on the road from other manufacturers.\n\nFor investors, the jury is definitely still out on whether Tesla would be able to succeed, although ARK has long rested its case on TSLA as its highest conviction holding. Investors are encouraged to visitARK’s assumptionswhich detail their assumptions on their bullish stance.\nTDOC: Telemedicine Market is Expected to Grow at More Than 20% CAGR over the Next 10 Years\nProjected Global Telemedicine market. Data Source: thebusinessresearchcompany.com (TBRC)\nFrom the chart above we could clearly see that TDOC operates within arapidly growing telemedicine market, that is expected to grow from just $49.9B in 2019 to $459.8B by 2030 in 11 years, which would represent an incredible 25.9% CAGR.\nTelemedicine’s growth had started well before COVID-19 pandemic hit that was then accelerated by the pandemic. However, investors who do not understand TDOC’s growth drivers often lamented that the company’s growth and raison d'être would fizzle out once vaccinations and economies’ reopenings took over. We believe these investors were truly mistaken as TDOC is still expected to generate YoY revenue growth rates in excess of 25% moving forward, that for the emerging leader in telemedicine may even have been on the conservative side as it’s “merely” largely in line with the market’s expected CAGR. Therefore, TDOC’s growth prospects look extremely exciting.\nInvest in ARKK or Invest in its Highest Conviction Companies?\n\nTSLA and TDOC EV / Fwd EBIT. Data source: S&P Capital IQ\nTSLA and TDOC EV / Fwd (EBITDA - CapEx). Data source: S&P Capital IQ\nGrowth investors often find themselves undecided on whether to invest in the underlying stocks directly or invest through ARKK. While we don’t think there is a simple answer to this, investors should consider the key benefits of investing in ARKK as compared to investing directly in the underlying stocks.\nWhile companies such as TSLA and TDOC have massive potential as we could see from both the charts above where their valuations are expected to drop significantly as they continued to scale up and achieve their growth targets (assuming EV remains the same though it’s unrealistic if the companies continue to execute their growth strategies well). However, the fact of the matter remains that their valuations are not cheap whether basing off EBIT or FCF (using EBITDA - CapEx as a proxy) as shown clearly above.\nTherefore, by investing in ARKK you put your money in a widely diversified ETF that’s focused on disruptive companies that are expected to be the leader in the future, although some may not end up to be. Therefore, by investing in ARKK, investors could simply dedicate a disciplined proportion of their portfolio that they are willing to allocate to such disruptive stocks, without the need to fill up their portfolio with lots of them, and taking more risks than what may be appropriate. In addition, as such companies are usually emerging leaders in their respective fields, investors would need to do a lot of groundwork to keep pace with their investments in order to continue evaluating the quality of their thesis moving forward. However, ARK does all the heavy lifting for investors as ARK would actively manage those holdings and would reduce or add exposures to its stocks whenever necessary.\nTherefore, we gladly hold ARKK along with some of the underlying stocks within the ETF in order to benefit from a wide range of disruptive companies that we do not intend to hold as our underlying holdings but wish to gain an exposure to, while holding on to some of ARK's highest conviction picks as our core holdings.\nPrice Action and Technical Analysis\n\nARKK has a strong uptrend bias that has been supported along the 20W moving average until it was lost during the rotation we saw between Feb and May. However, it seems like most of the inventory has already been unloaded by the weak holders as $105 looks like a strong support level that has held up well, that also coincided with the 50W moving average. We think that long term investors should not find the current price expensive even though ARKK has recovered somewhat from its May lows. The long term growth drivers remain highly attractive for its underlying stocks and investors should take advantage of the price weakness to initiate or add to ARK’s flagship ETF.\nWrapping It All Up\nARKK represents a convenient way for investors to gain exposure to companies that are expected to grow rapidly and establish themselves as the undisputed leaders in their respective industries.","news_type":1},"isVote":1,"tweetType":1,"viewCount":297,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125175721,"gmtCreate":1624666343863,"gmtModify":1703843023069,"author":{"id":"3579993752209850","authorId":"3579993752209850","name":"RainaEWQ","avatar":"https://static.tigerbbs.com/61454605a806295755b784f273ebf4b7","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579993752209850","authorIdStr":"3579993752209850"},"themes":[],"htmlText":"nice. ","listText":"nice. ","text":"nice.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/125175721","repostId":"1198693501","repostType":2,"isVote":1,"tweetType":1,"viewCount":413,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125175800,"gmtCreate":1624666315000,"gmtModify":1703843022256,"author":{"id":"3579993752209850","authorId":"3579993752209850","name":"RainaEWQ","avatar":"https://static.tigerbbs.com/61454605a806295755b784f273ebf4b7","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579993752209850","authorIdStr":"3579993752209850"},"themes":[],"htmlText":"will it go up again? ","listText":"will it go up again? ","text":"will it go up again?","images":[{"img":"https://static.tigerbbs.com/8314d7a36ceda7752d6cd50a790fe6d5","width":"1125","height":"2767"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/125175800","isVote":1,"tweetType":1,"viewCount":373,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":122633698,"gmtCreate":1624615570614,"gmtModify":1703841780765,"author":{"id":"3579993752209850","authorId":"3579993752209850","name":"RainaEWQ","avatar":"https://static.tigerbbs.com/61454605a806295755b784f273ebf4b7","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579993752209850","authorIdStr":"3579993752209850"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/122633698","repostId":"1138970454","repostType":2,"repost":{"id":"1138970454","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":1623385949,"share":"https://ttm.financial/m/news/1138970454?lang=&edition=fundamental","pubTime":"2021-06-11 12:32","market":"us","language":"en","title":"Tiger Broker has been honoured The Asset Triple A Sustainable Investing Awards 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=1138970454","media":"Tiger Newspress","summary":"June 11/ Tiger Broker has been honoured with the following awared at The Asset Triple A Sustainable ","content":"<p>June 11/ Tiger Broker has been honoured with the following awared at The Asset Triple A Sustainable Investing Awards 2021 for Institutional Investor, ETF and Asset Servicing Providers:</p><p><img src=\"https://static.tigerbbs.com/d2a1d625f288fc86245344e0a6275f6f\" tg-width=\"1096\" tg-height=\"354\" referrerpolicy=\"no-referrer\"></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>Tiger Broker has been honoured The Asset Triple A Sustainable Investing Awards 2021</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\">\nTiger Broker has been honoured The Asset Triple A Sustainable Investing Awards 2021\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\">2021-06-11 12:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 11/ Tiger Broker has been honoured with the following awared at The Asset Triple A Sustainable Investing Awards 2021 for Institutional Investor, ETF and Asset Servicing Providers:</p><p><img src=\"https://static.tigerbbs.com/d2a1d625f288fc86245344e0a6275f6f\" tg-width=\"1096\" tg-height=\"354\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TIGR":"老虎证券"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138970454","content_text":"June 11/ Tiger Broker has been honoured with the following awared at The Asset Triple A Sustainable Investing Awards 2021 for Institutional Investor, ETF and Asset Servicing Providers:","news_type":1},"isVote":1,"tweetType":1,"viewCount":307,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122633196,"gmtCreate":1624615557515,"gmtModify":1703841780430,"author":{"id":"3579993752209850","authorId":"3579993752209850","name":"RainaEWQ","avatar":"https://static.tigerbbs.com/61454605a806295755b784f273ebf4b7","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579993752209850","authorIdStr":"3579993752209850"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/122633196","repostId":"1199923953","repostType":2,"isVote":1,"tweetType":1,"viewCount":598,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122924382,"gmtCreate":1624594240046,"gmtModify":1703841277504,"author":{"id":"3579993752209850","authorId":"3579993752209850","name":"RainaEWQ","avatar":"https://static.tigerbbs.com/61454605a806295755b784f273ebf4b7","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579993752209850","authorIdStr":"3579993752209850"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AEMD\">$Aethlon Medical(AEMD)$</a>hold?","listText":"<a href=\"https://laohu8.com/S/AEMD\">$Aethlon Medical(AEMD)$</a>hold?","text":"$Aethlon Medical(AEMD)$hold?","images":[{"img":"https://static.tigerbbs.com/b9e88368cf6b9587bf998c7fb0deca74","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/122924382","isVote":1,"tweetType":1,"viewCount":1018,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3576151894472842","authorId":"3576151894472842","name":"Eyoviel","avatar":"https://static.tigerbbs.com/3d5f276a1b80290ccae89e2f41f9327e","crmLevel":2,"crmLevelSwitch":0,"idStr":"3576151894472842","authorIdStr":"3576151894472842"},"content":"I'm holding. I bought more to reduce my average cost. then it went down again but I think it's better than to be at 11+","text":"I'm holding. I bought more to reduce my average cost. then it went down again but I think it's better than to be at 11+","html":"I'm holding. I bought more to reduce my average cost. then it went down again but I think it's better than to be at 11+"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":122933901,"gmtCreate":1624591798703,"gmtModify":1703841213378,"author":{"id":"3579993752209850","authorId":"3579993752209850","name":"RainaEWQ","avatar":"https://static.tigerbbs.com/61454605a806295755b784f273ebf4b7","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579993752209850","authorIdStr":"3579993752209850"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/122933901","repostId":"1178709687","repostType":4,"repost":{"id":"1178709687","kind":"news","pubTimestamp":1624580818,"share":"https://ttm.financial/m/news/1178709687?lang=&edition=fundamental","pubTime":"2021-06-25 08:26","market":"us","language":"en","title":"Two guests aboard Royal Caribbean cruise test positive for Covid","url":"https://stock-news.laohu8.com/highlight/detail?id=1178709687","media":"CNBC","summary":"Two guests aboard Royal Caribbean Cruises' Adventure of the Seas ship tested positive for Covid-19 d","content":"<div>\n<p>Two guests aboard Royal Caribbean Cruises' Adventure of the Seas ship tested positive for Covid-19 during routine testing and are now returning home, the company said Thursday.\nThis comes aftertwo ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/24/two-guests-aboard-royal-caribbean-cruise-test-positive-for-covid.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Two guests aboard Royal Caribbean cruise test positive for Covid</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\">\nTwo guests aboard Royal Caribbean cruise test positive for Covid\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-25 08:26 GMT+8 <a href=https://www.cnbc.com/2021/06/24/two-guests-aboard-royal-caribbean-cruise-test-positive-for-covid.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Two guests aboard Royal Caribbean Cruises' Adventure of the Seas ship tested positive for Covid-19 during routine testing and are now returning home, the company said Thursday.\nThis comes aftertwo ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/24/two-guests-aboard-royal-caribbean-cruise-test-positive-for-covid.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RCL":"皇家加勒比邮轮"},"source_url":"https://www.cnbc.com/2021/06/24/two-guests-aboard-royal-caribbean-cruise-test-positive-for-covid.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1178709687","content_text":"Two guests aboard Royal Caribbean Cruises' Adventure of the Seas ship tested positive for Covid-19 during routine testing and are now returning home, the company said Thursday.\nThis comes aftertwo guests aboard Royal Caribbean's Celebrity Millennium cruise tested positiveand the company'sOdyssey of the Seas was delayed from sailingafter eight members of its crew tested positive.\nBoth guests were unvaccinated and under the age of 16. One guest is asymptomatic and the other is experiencing mild symptoms.\nOther guests traveling with the two minors and guests who came into close contact with them are all vaccinated and have tested negative, according to the company.\nThe guests and those traveling with them disembarked in The Bahamas and are on their way home to Florida.\nRoyal Caribbean said that 92% of guests on the Adventures of the Seas ship are fully vaccinated, with the remaining 8% of guests being under the age of 16. All members of the crew are fully vaccinated.\nThe CDC allowed cruises to return this year with strict safety protocols and requirements to prevent outbreaks from occurring onboard afterseveral outbreaks aboard ships last year.\nThe cruise industry is among the last to return to pre-pandemic operations due to strict guidance from the Centers for Disease Control and Prevention.\nCruise line stocks have been regaining losses after suffering a huge hit during the pandemic.\nShares of Royal Caribbean Cruises line have risen more than 16% this year putting its market cap at just over $22 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":189,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122993537,"gmtCreate":1624591326229,"gmtModify":1703841198763,"author":{"id":"3579993752209850","authorId":"3579993752209850","name":"RainaEWQ","avatar":"https://static.tigerbbs.com/61454605a806295755b784f273ebf4b7","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579993752209850","authorIdStr":"3579993752209850"},"themes":[],"htmlText":"nice. ","listText":"nice. ","text":"nice.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/122993537","repostId":"2146902910","repostType":4,"repost":{"id":"2146902910","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1624584937,"share":"https://ttm.financial/m/news/2146902910?lang=&edition=fundamental","pubTime":"2021-06-25 09:35","market":"fut","language":"en","title":"Athena says will install 1,500 cryptocurrency ATMs in El Salvador","url":"https://stock-news.laohu8.com/highlight/detail?id=2146902910","media":"Reuters","summary":"SAN SALVADOR, June 24 (Reuters) - Athena Bitcoin plans to invest over $1 million to install cryptocu","content":"<p>SAN SALVADOR, June 24 (Reuters) - Athena Bitcoin plans to invest over $1 million to install cryptocurrency ATMs in El Salvador, especially where residents receive remittances from abroad, a company representative said on Thursday.</p>\n<p>According to Athena Bitcoin's website you can use their ATMs to buy bitcoins or sell them for cash.</p>\n<p>The firm expects to gradually install some 1,500 ATMs, hire staff and open an office to carry out operations in El Salvador, which in June became the first country to adopt bitcoin as legal tender. The move takes effect in September.</p>\n<p>El Salvador's President Nayib Bukele \"presented us with a tough challenge of 1,500 ATMs, we will go for that, but in phases. We are a private company and we want to ensure that our development in the country is sustainable,\" said the firm's director for Latin America Matias Goldenhörn.</p>\n<p>Bukele has touted the cryptocurrency's potential as a remittance currency for Salvadorans overseas.</p>\n<p>\"Initially we are going to bring dozens of machines, (we'll) test what the business model is like in El Salvador, which will probably be different than in the United States,\" Goldenhörn added.</p>\n<p>A year ago Athena installed its first cryptocurrency ATM in El Salvador's El Zonte beach, some 49 km (30 mi) southwest of capital San Salvador, as part of an experiment called Bitcoin Beach aimed at making the town <a href=\"https://laohu8.com/S/AONE\">one</a> of the world's first bitcoin economies.</p>\n<p>The World Bank has said it cannot assist El Salvador's bitcoin implementation given environmental and transparency drawbacks, and the International Monetary Fund has said it saw \"macroeconomic, financial and legal issues\" with the country's adoption of the cryptocurrency.</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>Athena says will install 1,500 cryptocurrency ATMs in El Salvador</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAthena says will install 1,500 cryptocurrency ATMs in El Salvador\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-25 09:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SAN SALVADOR, June 24 (Reuters) - Athena Bitcoin plans to invest over $1 million to install cryptocurrency ATMs in El Salvador, especially where residents receive remittances from abroad, a company representative said on Thursday.</p>\n<p>According to Athena Bitcoin's website you can use their ATMs to buy bitcoins or sell them for cash.</p>\n<p>The firm expects to gradually install some 1,500 ATMs, hire staff and open an office to carry out operations in El Salvador, which in June became the first country to adopt bitcoin as legal tender. The move takes effect in September.</p>\n<p>El Salvador's President Nayib Bukele \"presented us with a tough challenge of 1,500 ATMs, we will go for that, but in phases. We are a private company and we want to ensure that our development in the country is sustainable,\" said the firm's director for Latin America Matias Goldenhörn.</p>\n<p>Bukele has touted the cryptocurrency's potential as a remittance currency for Salvadorans overseas.</p>\n<p>\"Initially we are going to bring dozens of machines, (we'll) test what the business model is like in El Salvador, which will probably be different than in the United States,\" Goldenhörn added.</p>\n<p>A year ago Athena installed its first cryptocurrency ATM in El Salvador's El Zonte beach, some 49 km (30 mi) southwest of capital San Salvador, as part of an experiment called Bitcoin Beach aimed at making the town <a href=\"https://laohu8.com/S/AONE\">one</a> of the world's first bitcoin economies.</p>\n<p>The World Bank has said it cannot assist El Salvador's bitcoin implementation given environmental and transparency drawbacks, and the International Monetary Fund has said it saw \"macroeconomic, financial and legal issues\" with the country's adoption of the cryptocurrency.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146902910","content_text":"SAN SALVADOR, June 24 (Reuters) - Athena Bitcoin plans to invest over $1 million to install cryptocurrency ATMs in El Salvador, especially where residents receive remittances from abroad, a company representative said on Thursday.\nAccording to Athena Bitcoin's website you can use their ATMs to buy bitcoins or sell them for cash.\nThe firm expects to gradually install some 1,500 ATMs, hire staff and open an office to carry out operations in El Salvador, which in June became the first country to adopt bitcoin as legal tender. The move takes effect in September.\nEl Salvador's President Nayib Bukele \"presented us with a tough challenge of 1,500 ATMs, we will go for that, but in phases. We are a private company and we want to ensure that our development in the country is sustainable,\" said the firm's director for Latin America Matias Goldenhörn.\nBukele has touted the cryptocurrency's potential as a remittance currency for Salvadorans overseas.\n\"Initially we are going to bring dozens of machines, (we'll) test what the business model is like in El Salvador, which will probably be different than in the United States,\" Goldenhörn added.\nA year ago Athena installed its first cryptocurrency ATM in El Salvador's El Zonte beach, some 49 km (30 mi) southwest of capital San Salvador, as part of an experiment called Bitcoin Beach aimed at making the town one of the world's first bitcoin economies.\nThe World Bank has said it cannot assist El Salvador's bitcoin implementation given environmental and transparency drawbacks, and the International Monetary Fund has said it saw \"macroeconomic, financial and legal issues\" with the country's adoption of the cryptocurrency.","news_type":1},"isVote":1,"tweetType":1,"viewCount":136,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184070717,"gmtCreate":1623679299539,"gmtModify":1704208500091,"author":{"id":"3579993752209850","authorId":"3579993752209850","name":"RainaEWQ","avatar":"https://static.tigerbbs.com/61454605a806295755b784f273ebf4b7","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579993752209850","authorIdStr":"3579993752209850"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CRLBF\">$Cresco Labs Inc.(CRLBF)$</a>?? ","listText":"<a href=\"https://laohu8.com/S/CRLBF\">$Cresco Labs Inc.(CRLBF)$</a>?? ","text":"$Cresco Labs Inc.(CRLBF)$??","images":[{"img":"https://static.tigerbbs.com/39ab346ddf01837333aff67f6a58acde","width":"1125","height":"2183"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/184070717","isVote":1,"tweetType":1,"viewCount":276,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":116129513,"gmtCreate":1622781689432,"gmtModify":1704191098057,"author":{"id":"3579993752209850","authorId":"3579993752209850","name":"RainaEWQ","avatar":"https://static.tigerbbs.com/61454605a806295755b784f273ebf4b7","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579993752209850","authorIdStr":"3579993752209850"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CRLBF\">$Cresco Labs Inc.(CRLBF)$</a>?","listText":"<a href=\"https://laohu8.com/S/CRLBF\">$Cresco Labs Inc.(CRLBF)$</a>?","text":"$Cresco Labs Inc.(CRLBF)$?","images":[{"img":"https://static.tigerbbs.com/05afbf783f13557e2445efb9ac80621e","width":"1125","height":"2183"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/116129513","isVote":1,"tweetType":1,"viewCount":206,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":145397966,"gmtCreate":1626188950755,"gmtModify":1703755233779,"author":{"id":"3579993752209850","authorId":"3579993752209850","name":"RainaEWQ","avatar":"https://static.tigerbbs.com/61454605a806295755b784f273ebf4b7","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579993752209850","authorIdStr":"3579993752209850"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/XELA\">$Exela Technologies, Inc.(XELA)$</a>up up up ","listText":"<a href=\"https://laohu8.com/S/XELA\">$Exela Technologies, Inc.(XELA)$</a>up up up ","text":"$Exela Technologies, Inc.(XELA)$up up up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/145397966","isVote":1,"tweetType":1,"viewCount":372,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122924382,"gmtCreate":1624594240046,"gmtModify":1703841277504,"author":{"id":"3579993752209850","authorId":"3579993752209850","name":"RainaEWQ","avatar":"https://static.tigerbbs.com/61454605a806295755b784f273ebf4b7","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579993752209850","authorIdStr":"3579993752209850"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AEMD\">$Aethlon Medical(AEMD)$</a>hold?","listText":"<a href=\"https://laohu8.com/S/AEMD\">$Aethlon Medical(AEMD)$</a>hold?","text":"$Aethlon Medical(AEMD)$hold?","images":[{"img":"https://static.tigerbbs.com/b9e88368cf6b9587bf998c7fb0deca74","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/122924382","isVote":1,"tweetType":1,"viewCount":1018,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3576151894472842","authorId":"3576151894472842","name":"Eyoviel","avatar":"https://static.tigerbbs.com/3d5f276a1b80290ccae89e2f41f9327e","crmLevel":2,"crmLevelSwitch":0,"idStr":"3576151894472842","authorIdStr":"3576151894472842"},"content":"I'm holding. I bought more to reduce my average cost. then it went down again but I think it's better than to be at 11+","text":"I'm holding. I bought more to reduce my average cost. then it went down again but I think it's better than to be at 11+","html":"I'm holding. I bought more to reduce my average cost. then it went down again but I think it's better than to be at 11+"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":156471272,"gmtCreate":1625235435497,"gmtModify":1703739112775,"author":{"id":"3579993752209850","authorId":"3579993752209850","name":"RainaEWQ","avatar":"https://static.tigerbbs.com/61454605a806295755b784f273ebf4b7","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579993752209850","authorIdStr":"3579993752209850"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AEMD\">$Aethlon Medical(AEMD)$</a>Will you ever go up again. ","listText":"<a href=\"https://laohu8.com/S/AEMD\">$Aethlon Medical(AEMD)$</a>Will you ever go up again. ","text":"$Aethlon Medical(AEMD)$Will you ever go up again.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/156471272","isVote":1,"tweetType":1,"viewCount":498,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122633698,"gmtCreate":1624615570614,"gmtModify":1703841780765,"author":{"id":"3579993752209850","authorId":"3579993752209850","name":"RainaEWQ","avatar":"https://static.tigerbbs.com/61454605a806295755b784f273ebf4b7","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579993752209850","authorIdStr":"3579993752209850"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/122633698","repostId":"1138970454","repostType":2,"repost":{"id":"1138970454","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":1623385949,"share":"https://ttm.financial/m/news/1138970454?lang=&edition=fundamental","pubTime":"2021-06-11 12:32","market":"us","language":"en","title":"Tiger Broker has been honoured The Asset Triple A Sustainable Investing Awards 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=1138970454","media":"Tiger Newspress","summary":"June 11/ Tiger Broker has been honoured with the following awared at The Asset Triple A Sustainable ","content":"<p>June 11/ Tiger Broker has been honoured with the following awared at The Asset Triple A Sustainable Investing Awards 2021 for Institutional Investor, ETF and Asset Servicing Providers:</p><p><img src=\"https://static.tigerbbs.com/d2a1d625f288fc86245344e0a6275f6f\" tg-width=\"1096\" tg-height=\"354\" referrerpolicy=\"no-referrer\"></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>Tiger Broker has been honoured The Asset Triple A Sustainable Investing Awards 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTiger Broker has been honoured The Asset Triple A Sustainable Investing Awards 2021\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\">2021-06-11 12:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 11/ Tiger Broker has been honoured with the following awared at The Asset Triple A Sustainable Investing Awards 2021 for Institutional Investor, ETF and Asset Servicing Providers:</p><p><img src=\"https://static.tigerbbs.com/d2a1d625f288fc86245344e0a6275f6f\" tg-width=\"1096\" tg-height=\"354\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TIGR":"老虎证券"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138970454","content_text":"June 11/ Tiger Broker has been honoured with the following awared at The Asset Triple A Sustainable Investing Awards 2021 for Institutional Investor, ETF and Asset Servicing Providers:","news_type":1},"isVote":1,"tweetType":1,"viewCount":307,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125175721,"gmtCreate":1624666343863,"gmtModify":1703843023069,"author":{"id":"3579993752209850","authorId":"3579993752209850","name":"RainaEWQ","avatar":"https://static.tigerbbs.com/61454605a806295755b784f273ebf4b7","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579993752209850","authorIdStr":"3579993752209850"},"themes":[],"htmlText":"nice. ","listText":"nice. ","text":"nice.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/125175721","repostId":"1198693501","repostType":2,"repost":{"id":"1198693501","kind":"news","pubTimestamp":1624663008,"share":"https://ttm.financial/m/news/1198693501?lang=&edition=fundamental","pubTime":"2021-06-26 07:16","market":"us","language":"en","title":"SpaceX aims to launch first orbital Starship flight in July, company president says","url":"https://stock-news.laohu8.com/highlight/detail?id=1198693501","media":"CNBC","summary":"KEY POINTS\n\nElon Musk’s SpaceX is “shooting for July” to launch the first orbital spaceflight of its","content":"<div>\n<p>KEY POINTS\n\nElon Musk’s SpaceX is “shooting for July” to launch the first orbital spaceflight of its Starship rocket, company president Gwynne Shotwell said on Friday.\n“I’m hoping we make it, but we ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/25/spacex-aims-to-launch-first-orbital-starship-flight-in-july.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SpaceX aims to launch first orbital Starship flight in July, company president 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\">\nSpaceX aims to launch first orbital Starship flight in July, company president says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-26 07:16 GMT+8 <a href=https://www.cnbc.com/2021/06/25/spacex-aims-to-launch-first-orbital-starship-flight-in-july.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nElon Musk’s SpaceX is “shooting for July” to launch the first orbital spaceflight of its Starship rocket, company president Gwynne Shotwell said on Friday.\n“I’m hoping we make it, but we ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/25/spacex-aims-to-launch-first-orbital-starship-flight-in-july.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.cnbc.com/2021/06/25/spacex-aims-to-launch-first-orbital-starship-flight-in-july.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1198693501","content_text":"KEY POINTS\n\nElon Musk’s SpaceX is “shooting for July” to launch the first orbital spaceflight of its Starship rocket, company president Gwynne Shotwell said on Friday.\n“I’m hoping we make it, but we all know that this is difficult,” Shotwell said, speaking at the National Space Society’s virtual International Space Development conference.\nThe company in May revealed its plan for the flight, which would launch from the company’s facility in Texas and aim to splash down off the coast of Hawaii.\n\nElon Musk’s SpaceX is “shooting for July” to launch the first orbital spaceflight of its Starship rocket, company president Gwynne Shotwell said Friday.\n“I’m hoping we make it, but we all know that this is difficult,” Shotwell said, speaking at the National Space Society’s virtual International Space Development conference.\n“We are really on the cusp of flying that system, or at least attempting the first orbital flight of that system, really in the very near term,” Shotwell added.\nSpaceX has conducted multiple short test flights of Starship prototypes over the past year, but reaching orbit represents the next step in testing the rocket. The company in May revealed its plan for the flight, which would launch from the company’s facility in Texas and aim to splash down off the coast of Hawaii.\nStarship prototypes stand at about 160 feet tall, or around the size of a 16-story building, and are built of stainless steel – representing the early version of the rocket that Musk unveiled in 2019. The rocket initially launches on a “Super Heavy” booster, which makes up the bottom half of the rocket and stands about 230 feet tall. Together, Starship and Super Heavy will be nearly 400 feet tall when stacked for the launch.\nThe company is developing Starship to launch cargo and people on missions to the moon and Mars.\nWhile SpaceX’s fleet of Falcon 9 and Falcon Heavy rockets are partially reusable, Musk’s goal is to make Starship fully reusable — envisioning a rocket that is more akin to a commercial airplane, with short turnaround times between flights where the only major cost is fuel.\n“I don’t think that people really have even comprehended what that system is going to do,” Shotwell said.\nShe emphasized that Musk “feels in a huge hurry” to develop Starship and create “a sustaining capability that will take people to the Moon and Mars.”\n“That means it’s not one ship every two years, right? We have to be able to fly dozens of ships during the timeframe when you can get people to Mars,” Shotwell added.","news_type":1},"isVote":1,"tweetType":1,"viewCount":413,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122633196,"gmtCreate":1624615557515,"gmtModify":1703841780430,"author":{"id":"3579993752209850","authorId":"3579993752209850","name":"RainaEWQ","avatar":"https://static.tigerbbs.com/61454605a806295755b784f273ebf4b7","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579993752209850","authorIdStr":"3579993752209850"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/122633196","repostId":"1199923953","repostType":2,"isVote":1,"tweetType":1,"viewCount":598,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122993537,"gmtCreate":1624591326229,"gmtModify":1703841198763,"author":{"id":"3579993752209850","authorId":"3579993752209850","name":"RainaEWQ","avatar":"https://static.tigerbbs.com/61454605a806295755b784f273ebf4b7","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579993752209850","authorIdStr":"3579993752209850"},"themes":[],"htmlText":"nice. ","listText":"nice. ","text":"nice.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/122993537","repostId":"2146902910","repostType":4,"repost":{"id":"2146902910","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1624584937,"share":"https://ttm.financial/m/news/2146902910?lang=&edition=fundamental","pubTime":"2021-06-25 09:35","market":"fut","language":"en","title":"Athena says will install 1,500 cryptocurrency ATMs in El Salvador","url":"https://stock-news.laohu8.com/highlight/detail?id=2146902910","media":"Reuters","summary":"SAN SALVADOR, June 24 (Reuters) - Athena Bitcoin plans to invest over $1 million to install cryptocu","content":"<p>SAN SALVADOR, June 24 (Reuters) - Athena Bitcoin plans to invest over $1 million to install cryptocurrency ATMs in El Salvador, especially where residents receive remittances from abroad, a company representative said on Thursday.</p>\n<p>According to Athena Bitcoin's website you can use their ATMs to buy bitcoins or sell them for cash.</p>\n<p>The firm expects to gradually install some 1,500 ATMs, hire staff and open an office to carry out operations in El Salvador, which in June became the first country to adopt bitcoin as legal tender. The move takes effect in September.</p>\n<p>El Salvador's President Nayib Bukele \"presented us with a tough challenge of 1,500 ATMs, we will go for that, but in phases. We are a private company and we want to ensure that our development in the country is sustainable,\" said the firm's director for Latin America Matias Goldenhörn.</p>\n<p>Bukele has touted the cryptocurrency's potential as a remittance currency for Salvadorans overseas.</p>\n<p>\"Initially we are going to bring dozens of machines, (we'll) test what the business model is like in El Salvador, which will probably be different than in the United States,\" Goldenhörn added.</p>\n<p>A year ago Athena installed its first cryptocurrency ATM in El Salvador's El Zonte beach, some 49 km (30 mi) southwest of capital San Salvador, as part of an experiment called Bitcoin Beach aimed at making the town <a href=\"https://laohu8.com/S/AONE\">one</a> of the world's first bitcoin economies.</p>\n<p>The World Bank has said it cannot assist El Salvador's bitcoin implementation given environmental and transparency drawbacks, and the International Monetary Fund has said it saw \"macroeconomic, financial and legal issues\" with the country's adoption of the cryptocurrency.</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>Athena says will install 1,500 cryptocurrency ATMs in El Salvador</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\">\nAthena says will install 1,500 cryptocurrency ATMs in El Salvador\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-25 09:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SAN SALVADOR, June 24 (Reuters) - Athena Bitcoin plans to invest over $1 million to install cryptocurrency ATMs in El Salvador, especially where residents receive remittances from abroad, a company representative said on Thursday.</p>\n<p>According to Athena Bitcoin's website you can use their ATMs to buy bitcoins or sell them for cash.</p>\n<p>The firm expects to gradually install some 1,500 ATMs, hire staff and open an office to carry out operations in El Salvador, which in June became the first country to adopt bitcoin as legal tender. The move takes effect in September.</p>\n<p>El Salvador's President Nayib Bukele \"presented us with a tough challenge of 1,500 ATMs, we will go for that, but in phases. We are a private company and we want to ensure that our development in the country is sustainable,\" said the firm's director for Latin America Matias Goldenhörn.</p>\n<p>Bukele has touted the cryptocurrency's potential as a remittance currency for Salvadorans overseas.</p>\n<p>\"Initially we are going to bring dozens of machines, (we'll) test what the business model is like in El Salvador, which will probably be different than in the United States,\" Goldenhörn added.</p>\n<p>A year ago Athena installed its first cryptocurrency ATM in El Salvador's El Zonte beach, some 49 km (30 mi) southwest of capital San Salvador, as part of an experiment called Bitcoin Beach aimed at making the town <a href=\"https://laohu8.com/S/AONE\">one</a> of the world's first bitcoin economies.</p>\n<p>The World Bank has said it cannot assist El Salvador's bitcoin implementation given environmental and transparency drawbacks, and the International Monetary Fund has said it saw \"macroeconomic, financial and legal issues\" with the country's adoption of the cryptocurrency.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146902910","content_text":"SAN SALVADOR, June 24 (Reuters) - Athena Bitcoin plans to invest over $1 million to install cryptocurrency ATMs in El Salvador, especially where residents receive remittances from abroad, a company representative said on Thursday.\nAccording to Athena Bitcoin's website you can use their ATMs to buy bitcoins or sell them for cash.\nThe firm expects to gradually install some 1,500 ATMs, hire staff and open an office to carry out operations in El Salvador, which in June became the first country to adopt bitcoin as legal tender. The move takes effect in September.\nEl Salvador's President Nayib Bukele \"presented us with a tough challenge of 1,500 ATMs, we will go for that, but in phases. We are a private company and we want to ensure that our development in the country is sustainable,\" said the firm's director for Latin America Matias Goldenhörn.\nBukele has touted the cryptocurrency's potential as a remittance currency for Salvadorans overseas.\n\"Initially we are going to bring dozens of machines, (we'll) test what the business model is like in El Salvador, which will probably be different than in the United States,\" Goldenhörn added.\nA year ago Athena installed its first cryptocurrency ATM in El Salvador's El Zonte beach, some 49 km (30 mi) southwest of capital San Salvador, as part of an experiment called Bitcoin Beach aimed at making the town one of the world's first bitcoin economies.\nThe World Bank has said it cannot assist El Salvador's bitcoin implementation given environmental and transparency drawbacks, and the International Monetary Fund has said it saw \"macroeconomic, financial and legal issues\" with the country's adoption of the cryptocurrency.","news_type":1},"isVote":1,"tweetType":1,"viewCount":136,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184070717,"gmtCreate":1623679299539,"gmtModify":1704208500091,"author":{"id":"3579993752209850","authorId":"3579993752209850","name":"RainaEWQ","avatar":"https://static.tigerbbs.com/61454605a806295755b784f273ebf4b7","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579993752209850","authorIdStr":"3579993752209850"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CRLBF\">$Cresco Labs Inc.(CRLBF)$</a>?? ","listText":"<a href=\"https://laohu8.com/S/CRLBF\">$Cresco Labs Inc.(CRLBF)$</a>?? ","text":"$Cresco Labs Inc.(CRLBF)$??","images":[{"img":"https://static.tigerbbs.com/39ab346ddf01837333aff67f6a58acde","width":"1125","height":"2183"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/184070717","isVote":1,"tweetType":1,"viewCount":276,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":125807905,"gmtCreate":1624666679807,"gmtModify":1703843038632,"author":{"id":"3579993752209850","authorId":"3579993752209850","name":"RainaEWQ","avatar":"https://static.tigerbbs.com/61454605a806295755b784f273ebf4b7","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579993752209850","authorIdStr":"3579993752209850"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/125807905","repostId":"1117650695","repostType":2,"repost":{"id":"1117650695","kind":"news","pubTimestamp":1623902228,"share":"https://ttm.financial/m/news/1117650695?lang=&edition=fundamental","pubTime":"2021-06-17 11:57","market":"us","language":"en","title":"Shopify: Valuation Should Not Be A Concern","url":"https://stock-news.laohu8.com/highlight/detail?id=1117650695","media":"seekingalpha","summary":"Shopify is a leading merchant platform empowering mostly small online retailers.Shopify is set to grow revenues to $5b by 2023.Fulfillment center strategy makes Shopify a long-term threat to Amazon.Shopify is taking a larger bite out of the e-commerce market and the price is justified given Shopify's potential for rapid revenue growth.Shopify is a strong buy as the merchant platform takes a bigger and bigger bite out of the expanding e-commerce market and revenues are growing rapidly. Shopify i","content":"<p><b>Summary</b></p>\n<ul>\n <li>Shopify is a leading merchant platform empowering mostly small online retailers.</li>\n <li>Shopify is set to grow revenues to $5b by 2023.</li>\n <li>Fulfillment center strategy makes Shopify a long-term threat to Amazon.</li>\n <li>Shopify is taking a larger bite out of the e-commerce market and the price is justified given Shopify's potential for rapid revenue growth.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b5f3ab455f8b2c1956c4124771b084d9\" tg-width=\"768\" tg-height=\"400\"><span>ipopba/iStock via Getty Images</span></p>\n<p>Shopify (SHOP) is a strong buy as the merchant platform takes a bigger and bigger bite out of the expanding e-commerce market and revenues are growing rapidly. Shopify is on its way to becoming a $5b annual revenue company and its fulfillment center strategy provides fertile ground for stock price appreciation. Amazon(NASDAQ:AMZN)should be worried.</p>\n<p><b>Why Shopify is a strong buy</b></p>\n<p>Shopify enables people to start an online business relatively fast and with very little cost. Itse-commerce platform offers a suite of integrated products and apps that includes marketing functionality, payment processing and customer engagement tools. Shopify’s core services are paid for on a subscription basis with the most basic plan starting at $29-month.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d0e35fa316c0fd7e939400d53fd623fb\" tg-width=\"1280\" tg-height=\"266\"><span>(Source: Shopify)</span></p>\n<p>Thee-commerce market is booming, not just because of the pandemic. The ease of shopping and the wide distribution of mobile devices made online shopping popular even before COVID-19 emerged. Globale-commerce sales are expected to rise in the future with some estimates calling for global online sales of $4.9 trillion in 2021... with sales growing 30% to $6.4 trillion by 2024.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9918556cae0d9e7fdb0e58780b922413\" tg-width=\"907\" tg-height=\"460\"><span>(Source:Oberlo)</span></p>\n<p>Online sales are not only expected to grow in absolute terms but also relatively: E-Commerce is taking an ever-growing share of retail sales, a trend that accelerated during the 2020 pandemic year. Thee-commerce share of retail sales in 2020 was 18% and is projected to grow to 21.8% by 2024.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1c7297749c9cb665e56f89bb920507e5\" tg-width=\"905\" tg-height=\"463\"><span>(Source:Oberlo)</span></p>\n<p>Growth ine-commerce and merchandise volumes are not dependent on one particular category either. People buy everything from fashion items to personal care products online. According to Hootsuite’sDigital 2021 Global Overview Report, money spent on travel and accommodation cratered 51% due to the pandemic but all other categories grew sales by at least 18% Y/Y.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bd515034ac6d1ea79da171cca44eacb0\" tg-width=\"1232\" tg-height=\"682\"><span>(Source: Digital 2021Global Overview Report)</span></p>\n<p>Shopify also saw a year of revenue acceleration during the pandemic… just like Amazon did. As people lost their jobs because of COVID-19 and remote working became the new standard, Shopify’s merchant platform gained in popularity, too. The pandemic also helped shift a lot of purchasing power online as retail stores and small businesses shut their doors. Shopify benefited from these unfortunate trends by experiencing a surge in revenues as more retailers built online stores and processed transactions through Shopify. Shopify’s revenues surged 86% to $2.9b in FY 2020.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/47be367ae30fc395bd0cf9f998f5efc0\" tg-width=\"1106\" tg-height=\"574\"><span>(Source:Shopify)</span></p>\n<p>Shopify’s revenues can be broken down into two parts, subscriptions and merchant solutions. Subscriptions include the payments for monthly plans and merchant solutions include additional costs for doing business through Shopify, such as payment processing fees and costs associated with Shopify Shipping and point-of-sale terminals. Revenues from merchant solutions have become more important for Shopify over time as the platform developed its ecosystem and created new apps and products for its merchants to use.</p>\n<p>2020 was a banner year for Shopify and its merchants. The gross merchandise value, the amount cumulatively sold through Shopify, doubled from $61.1b before the pandemic to $119.6b a year later. While 2020 growth rates will likely decline in 2021 as normal retail businesses open their doors again, merchandise volumes will continue to grow as thee-commerce market expands. I estimate that Shopify’s GMV will reach $210b for FY 2021 and $340b next year.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/845466a2e9dd8dcae9d4d3c4542611c9\" tg-width=\"938\" tg-height=\"546\"><span>(Source: Shopify)</span></p>\n<p>Shopify’s FY 2020 gross profits also saw rapid growth. Gross profits surged 78% to $1.6b with more growth expected in FY 2021.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c2530faf2d14eb2bb0f90d05694eba0b\" tg-width=\"904\" tg-height=\"544\"><span>(Source: Shopify)</span></p>\n<p><b>Taking on Amazon</b></p>\n<p>Shopify’s merchant platform shows healthy growth in subscriber and merchant revenues and merchant revenues are going to continue to grow in importance as Shopify signs up new partners and develops its apps suite. This is quite predictable.</p>\n<p>Longer term, however, Shopify should emerge as a growing threat to Amazon because of its investments in fulfillment centers. Entering the physical space is the next step in Shopify’s evolution and Amazon should be worried. Amazon is still the largeste-commerce platform, by far, but Shopify’s move into fulfillment centers is set to narrow this existing gap between the two companies. Amazon’s share of US retaile-commerce share is 4.5 times larger than Shopify’s giving Shopify a lot of potential to catch up...</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5108b1c5dead03ebaec97df972ed74f7\" tg-width=\"891\" tg-height=\"600\"><span>(Source: Shopify)</span></p>\n<p>Building its own fulfillment centers makes strategic sense for Shopify since it solves problems that a lot of online retailers have. Fulfillment centers, as the same implies, take over the function of fulfillment. This means a merchant that sells on Shopify sends goods to a warehouse and Shopify takes over order processing and shipping in return for a fee. The benefit for the retailer is obvious: Reduced shipping times and optimized inventory management.</p>\n<p>The benefit for Shopify: It can collect more revenues by controlling the fulfillment part of the sales process. While Shopify will build new fulfillment centers in the US as part of a $1b investment plan, it also provides Shopify with the option to use its US fulfillment network as a springboard to enter markets outside the US and drive its international expansion.</p>\n<p>Shopify is cashed up after the pandemic year and has more than enough cash to finance its expansion which in the future will likely include the expansion into international fulfillment markets. Shopify’s balance sheet is healthy enough to support the platform’s growth.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b284d5316a0604662b9dd5af30215f3f\" tg-width=\"640\" tg-height=\"542\"><span>(Source:Shopify)</span></p>\n<p>If Shopify and Amazon were to go toe-to-toe, Amazon would have a distinct advantage… because it is so much bigger than Shopify and because its website is drawing the most traffic as the number onee-commerce platform in the US. Amazon is about ten times bigger than Shopify regarding market value and Amazon has sales that are more than one hundred times larger than Shopify’s… so the battle between these twoe-commerce companies can be seen as a battle between David and Goliath, with Amazon being the Goliath.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d5d0d062b9a02247c1e38dc5b0c23343\" tg-width=\"635\" tg-height=\"500\"><span>Data by YCharts</span></p>\n<p>But Shopify is growing its merchant platform fast and operates from a much smaller revenue base, which is easier to scale. Shopify has more than 1.7m merchants signed on to its platform from 175 countries and continually develops news complementary sources of revenues. In its latestproduct news, Shopify announced that it will make its “one-click checkout” available to all merchants selling on Facebook(NASDAQ:FB) and Google(NASDAQ:GOOG)(NASDAQ:GOOGL)using Shop Pay. The integration is set to lower the “abandoned card” problem many retailers have which is customers not completing the checkout process. Shop Pay could provide a remedy to this problem by making the checkout process easier and more efficient.</p>\n<p><b>Risks</b></p>\n<p>Margins ine-commerce are very thin and growing competition in the industry will make things worse long term. The easy and relatively low-cost entry into thee-commerce market could also turn out to be a problem longer term. Companies that win ine-commerce are companies like Shopify with their own ecosystems that create a moat and protect against competition. Slowing revenue growth and an overblown valuation may be the two biggest risks for Shopify.</p>\n<p><b>You pay for Shopify's growth...</b></p>\n<p>By the end of next year Shopify should be a $5b annual revenue company, but the critical revenue milestone could be reached much sooner if Shopify manages to grow as fast as it did during the pandemic. The expectation is for Shopify to earn $4.35-share on revenues of $4.4b in FY 2021 with revenues scaling to ten-fold to $42b this decade. I believe fulfillment centers alone represent a $1b annual revenue opportunity for Shopify long term. Revenues for FY 2022 should also be closer to $6.5b with the consensus calling for revenues of \"only\" $5.9b.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/add63adc4e771f68c7aa36779607334d\" tg-width=\"640\" tg-height=\"286\"><span>(Source: Seeking Alpha)</span></p>\n<p>Amazon still has a big lead on Shopify, but the twoe-commerce companies are set to go toe-to-toe long term. Every new product that Shopify rolls out and every new fulfillment center it builds brings Shopify one step closer to taking Amazon head-on. Although Shopify is more expensive than Amazon on a per-dollar-of-revenue basis, the merchant platform clearly has the stature and ambition to take on Amazon.</p>\n<p>Shopify trades at a P-S ratio of 28, but you pay for growth...</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f2f713ad31e8c26c8d670a737c252cdb\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p>\n<p><b>Final thoughts</b></p>\n<p>Shopify has an incredible long-term growth opportunity and Amazon should be worried.</p>\n<p>Shopify has proven to be a real innovator in the industry and constantly develops new products that make online shopping easier for both the online retailer and the merchant.</p>\n<p>Although Shopify has a much higher P-S ratio than Amazon, Shopify has more potential to grow because of its relatively smaller revenue base and market cap.</p>\n<p>The fulfillment center strategy makes a lot of strategic sense and will fortify Shopify's position in the e-commerce market. It can also fuel Shopify's international expansion.</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>Shopify: Valuation Should Not Be A Concern</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\">\nShopify: Valuation Should Not Be A Concern\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 11:57 GMT+8 <a href=https://seekingalpha.com/article/4435237-shopify-set-to-fly-as-it-takes-on-amazon><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nShopify is a leading merchant platform empowering mostly small online retailers.\nShopify is set to grow revenues to $5b by 2023.\nFulfillment center strategy makes Shopify a long-term threat ...</p>\n\n<a href=\"https://seekingalpha.com/article/4435237-shopify-set-to-fly-as-it-takes-on-amazon\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SHOP":"Shopify Inc"},"source_url":"https://seekingalpha.com/article/4435237-shopify-set-to-fly-as-it-takes-on-amazon","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117650695","content_text":"Summary\n\nShopify is a leading merchant platform empowering mostly small online retailers.\nShopify is set to grow revenues to $5b by 2023.\nFulfillment center strategy makes Shopify a long-term threat to Amazon.\nShopify is taking a larger bite out of the e-commerce market and the price is justified given Shopify's potential for rapid revenue growth.\n\nipopba/iStock via Getty Images\nShopify (SHOP) is a strong buy as the merchant platform takes a bigger and bigger bite out of the expanding e-commerce market and revenues are growing rapidly. Shopify is on its way to becoming a $5b annual revenue company and its fulfillment center strategy provides fertile ground for stock price appreciation. Amazon(NASDAQ:AMZN)should be worried.\nWhy Shopify is a strong buy\nShopify enables people to start an online business relatively fast and with very little cost. Itse-commerce platform offers a suite of integrated products and apps that includes marketing functionality, payment processing and customer engagement tools. Shopify’s core services are paid for on a subscription basis with the most basic plan starting at $29-month.\n(Source: Shopify)\nThee-commerce market is booming, not just because of the pandemic. The ease of shopping and the wide distribution of mobile devices made online shopping popular even before COVID-19 emerged. Globale-commerce sales are expected to rise in the future with some estimates calling for global online sales of $4.9 trillion in 2021... with sales growing 30% to $6.4 trillion by 2024.\n(Source:Oberlo)\nOnline sales are not only expected to grow in absolute terms but also relatively: E-Commerce is taking an ever-growing share of retail sales, a trend that accelerated during the 2020 pandemic year. Thee-commerce share of retail sales in 2020 was 18% and is projected to grow to 21.8% by 2024.\n(Source:Oberlo)\nGrowth ine-commerce and merchandise volumes are not dependent on one particular category either. People buy everything from fashion items to personal care products online. According to Hootsuite’sDigital 2021 Global Overview Report, money spent on travel and accommodation cratered 51% due to the pandemic but all other categories grew sales by at least 18% Y/Y.\n(Source: Digital 2021Global Overview Report)\nShopify also saw a year of revenue acceleration during the pandemic… just like Amazon did. As people lost their jobs because of COVID-19 and remote working became the new standard, Shopify’s merchant platform gained in popularity, too. The pandemic also helped shift a lot of purchasing power online as retail stores and small businesses shut their doors. Shopify benefited from these unfortunate trends by experiencing a surge in revenues as more retailers built online stores and processed transactions through Shopify. Shopify’s revenues surged 86% to $2.9b in FY 2020.\n(Source:Shopify)\nShopify’s revenues can be broken down into two parts, subscriptions and merchant solutions. Subscriptions include the payments for monthly plans and merchant solutions include additional costs for doing business through Shopify, such as payment processing fees and costs associated with Shopify Shipping and point-of-sale terminals. Revenues from merchant solutions have become more important for Shopify over time as the platform developed its ecosystem and created new apps and products for its merchants to use.\n2020 was a banner year for Shopify and its merchants. The gross merchandise value, the amount cumulatively sold through Shopify, doubled from $61.1b before the pandemic to $119.6b a year later. While 2020 growth rates will likely decline in 2021 as normal retail businesses open their doors again, merchandise volumes will continue to grow as thee-commerce market expands. I estimate that Shopify’s GMV will reach $210b for FY 2021 and $340b next year.\n(Source: Shopify)\nShopify’s FY 2020 gross profits also saw rapid growth. Gross profits surged 78% to $1.6b with more growth expected in FY 2021.\n(Source: Shopify)\nTaking on Amazon\nShopify’s merchant platform shows healthy growth in subscriber and merchant revenues and merchant revenues are going to continue to grow in importance as Shopify signs up new partners and develops its apps suite. This is quite predictable.\nLonger term, however, Shopify should emerge as a growing threat to Amazon because of its investments in fulfillment centers. Entering the physical space is the next step in Shopify’s evolution and Amazon should be worried. Amazon is still the largeste-commerce platform, by far, but Shopify’s move into fulfillment centers is set to narrow this existing gap between the two companies. Amazon’s share of US retaile-commerce share is 4.5 times larger than Shopify’s giving Shopify a lot of potential to catch up...\n(Source: Shopify)\nBuilding its own fulfillment centers makes strategic sense for Shopify since it solves problems that a lot of online retailers have. Fulfillment centers, as the same implies, take over the function of fulfillment. This means a merchant that sells on Shopify sends goods to a warehouse and Shopify takes over order processing and shipping in return for a fee. The benefit for the retailer is obvious: Reduced shipping times and optimized inventory management.\nThe benefit for Shopify: It can collect more revenues by controlling the fulfillment part of the sales process. While Shopify will build new fulfillment centers in the US as part of a $1b investment plan, it also provides Shopify with the option to use its US fulfillment network as a springboard to enter markets outside the US and drive its international expansion.\nShopify is cashed up after the pandemic year and has more than enough cash to finance its expansion which in the future will likely include the expansion into international fulfillment markets. Shopify’s balance sheet is healthy enough to support the platform’s growth.\n(Source:Shopify)\nIf Shopify and Amazon were to go toe-to-toe, Amazon would have a distinct advantage… because it is so much bigger than Shopify and because its website is drawing the most traffic as the number onee-commerce platform in the US. Amazon is about ten times bigger than Shopify regarding market value and Amazon has sales that are more than one hundred times larger than Shopify’s… so the battle between these twoe-commerce companies can be seen as a battle between David and Goliath, with Amazon being the Goliath.\nData by YCharts\nBut Shopify is growing its merchant platform fast and operates from a much smaller revenue base, which is easier to scale. Shopify has more than 1.7m merchants signed on to its platform from 175 countries and continually develops news complementary sources of revenues. In its latestproduct news, Shopify announced that it will make its “one-click checkout” available to all merchants selling on Facebook(NASDAQ:FB) and Google(NASDAQ:GOOG)(NASDAQ:GOOGL)using Shop Pay. The integration is set to lower the “abandoned card” problem many retailers have which is customers not completing the checkout process. Shop Pay could provide a remedy to this problem by making the checkout process easier and more efficient.\nRisks\nMargins ine-commerce are very thin and growing competition in the industry will make things worse long term. The easy and relatively low-cost entry into thee-commerce market could also turn out to be a problem longer term. Companies that win ine-commerce are companies like Shopify with their own ecosystems that create a moat and protect against competition. Slowing revenue growth and an overblown valuation may be the two biggest risks for Shopify.\nYou pay for Shopify's growth...\nBy the end of next year Shopify should be a $5b annual revenue company, but the critical revenue milestone could be reached much sooner if Shopify manages to grow as fast as it did during the pandemic. The expectation is for Shopify to earn $4.35-share on revenues of $4.4b in FY 2021 with revenues scaling to ten-fold to $42b this decade. I believe fulfillment centers alone represent a $1b annual revenue opportunity for Shopify long term. Revenues for FY 2022 should also be closer to $6.5b with the consensus calling for revenues of \"only\" $5.9b.\n(Source: Seeking Alpha)\nAmazon still has a big lead on Shopify, but the twoe-commerce companies are set to go toe-to-toe long term. Every new product that Shopify rolls out and every new fulfillment center it builds brings Shopify one step closer to taking Amazon head-on. Although Shopify is more expensive than Amazon on a per-dollar-of-revenue basis, the merchant platform clearly has the stature and ambition to take on Amazon.\nShopify trades at a P-S ratio of 28, but you pay for growth...\nData by YCharts\nFinal thoughts\nShopify has an incredible long-term growth opportunity and Amazon should be worried.\nShopify has proven to be a real innovator in the industry and constantly develops new products that make online shopping easier for both the online retailer and the merchant.\nAlthough Shopify has a much higher P-S ratio than Amazon, Shopify has more potential to grow because of its relatively smaller revenue base and market cap.\nThe fulfillment center strategy makes a lot of strategic sense and will fortify Shopify's position in the e-commerce market. It can also fuel Shopify's international expansion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":310,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125802468,"gmtCreate":1624666632254,"gmtModify":1703843035159,"author":{"id":"3579993752209850","authorId":"3579993752209850","name":"RainaEWQ","avatar":"https://static.tigerbbs.com/61454605a806295755b784f273ebf4b7","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579993752209850","authorIdStr":"3579993752209850"},"themes":[],"htmlText":"nice. ","listText":"nice. ","text":"nice.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/125802468","repostId":"1186919064","repostType":2,"repost":{"id":"1186919064","kind":"news","pubTimestamp":1624352931,"share":"https://ttm.financial/m/news/1186919064?lang=&edition=fundamental","pubTime":"2021-06-22 17:08","market":"us","language":"en","title":"Will Disney Stock Split This Year?","url":"https://stock-news.laohu8.com/highlight/detail?id=1186919064","media":"seekingalpha","summary":"Disney's stock split history is reviewed for the possibility of a repeat this year.Its financials and cash flows are negatively impacted by the pandemic but analysts are projecting a strong recovery in the next few years.The Walt Disney Company could consider another stock split to \"get more people in the stock.\". Readers may come across different answers to the question in the header depending on the sources. According to YCharts, The Walt Disney Company has had nine stock splits, three betwee","content":"<p><b>Summary</b></p>\n<ul>\n <li>Disney's stock split history is reviewed for the possibility of a repeat this year.</li>\n <li>Its financials and cash flows are negatively impacted by the pandemic but analysts are projecting a strong recovery in the next few years.</li>\n <li>If the consensus estimates come true, the share price of DIS has much room to head north in line with the EPS growth.</li>\n <li>The Walt Disney Company could consider another stock split to \"get more people in the stock.\"</li>\n</ul>\n<p><b>Has Disney Stock Ever Split?</b></p>\n<p>Readers may come across different answers to the question in the header depending on the sources. According to YCharts, The Walt Disney Company (DIS) has had nine stock splits, three between 1985 and 2000, and six prior to 1980.</p>\n<p><img src=\"https://static.tigerbbs.com/fd38f0d03c0480c1f6728aa9e8dd5cfb\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"></p>\n<p>On the other hand,<i>Stock Split History</i>and<i>Yahoo Finance</i>both reflect eight stock splits in Disney's history. However, the exercises in 1962 and 2007 seem more like bonus issues than stock splits. The first \"split\" for DIS stock was dated December 18, 1962. This was a 103 for 100 split, meaning that a shareholder with 100 shares of DIS pre-split will subsequently own 103 shares.</p>\n<p><img src=\"https://static.tigerbbs.com/98283a2c39510a381b9f91cdc416f6f8\" tg-width=\"274\" tg-height=\"329\" referrerpolicy=\"no-referrer\"></p>\n<p><i>Source:StockSplitHistory.com</i></p>\n<p>As with all corporate matters, investors should refer to the official announcements to be sure. From Walt Disney's website under the Investor Relations section, the company provided a neat table under the Frequently Asked Questions [FAQs]. The table showed only seven past stock splits that happened between 1956 and 1998. This meant that DIS stock has not split for over two decades. Also, it shows that Walt Disney does not consider the 103 shares for 100 shares and 1,014 shares for 1,000 shares as stock splits.</p>\n<p><img src=\"https://static.tigerbbs.com/a398b378fd1cb185e5fe95cbaf2513d7\" tg-width=\"640\" tg-height=\"232\" referrerpolicy=\"no-referrer\"></p>\n<p><i>Source: The Walt Disney Company</i></p>\n<p><b>Is Disney Stock Going To Split Again?</b></p>\n<p>Tesla (TSLA) and Nvidia (NVDA) were among the prominent few companies that underwent stock splits recently. When Tesla announced itsfirst-ever stock spliton August 11 last year, the stock jumped from a pre-split price of $1374.4 to as high as $1585 the next day before closing at $1554.75. TSLA went on to clock further gains the rest of the month, appreciating over 80 percent by the end of August 2020.</p>\n<p>Nvidia announced in May that its decision to do afour-for-one stock splitwas approved by the board. Its shares were trading above $500 before the announcement and are priced around $750 currently. Nvidia justified the proposed stock split as enabling its shares to become \"more accessible to investors and employees.\"</p>\n<p>The share price of Disney is currently around $172. It hit a high of $203.02 on March 8, 2021. Even at the peak, the share price was a fraction of what TSLA and NVDA were trading at prior to their stock split announcements. As such, is there an impetus for Disney?</p>\n<p>Well, the last time Disney had a stock split was July 9, 1998, and the pre-split share price was only $111. Apart from one stock split in 1973, the last six stock splits were done when its share price was below $200. A quote often attributed to Mark Twain goes: \"History doesn't repeat itself, but it often rhymes.\" It is probably timely to consider Disney could conduct a fresh stock split as its stock heads back towards $200.</p>\n<p>Disney's Valuation And Prospects Support A Stock Split</p>\n<p>The Walt Disney Company appeared to be heading for disaster when the COVID-19 pandemic struck last year. Its Disneyland theme parks and hotels around the world had to be shut for extended periods. Its cruise line and retail stores had to close for business as well. Its movies couldn't be shown as theaters were shut while film and TV productions had to be halted too.</p>\n<p>The challenges that the House of the Mouse faced were unprecedented. In the second fiscal quarter of 2020, its adjusted EPS fell to $0.60 a share from $1.61 a year earlier primarily due to the suspended operations.</p>\n<p>The management took proactive steps during the second quarter of 2020 to enhance Disney's liquidity position by issuing $6 billion of term debt. A week after the quarter ended, it issued another $925 million in term debt. In terms of net financial debt, however, Disney managed to hold steady and did not exceed the peak of above $50 billion following the addition of debt load to its balance sheet from the 21st Century Fox acquisition in 2019.</p>\n<p><img src=\"https://static.tigerbbs.com/cbd5da32f627c04144c275782ef135e7\" tg-width=\"640\" tg-height=\"432\" referrerpolicy=\"no-referrer\"></p>\n<p>Although Disney's debt level remains elevated at 28 percent, its debt-to-assets remained close to its five-year average at around 25 percent. It is also comparatively lower than its industry peers. ViacomCBS (VIAC)(VIACA) has a debt-to-assets of 32.5 percent while Comcast (CMCSA) has a debt-to-assets of 37.2 percent. Netflix (NFLX) doesn't own any attraction parks but it has the highest debt-to-assets of 38.8 percent.</p>\n<p><img src=\"https://static.tigerbbs.com/7ff01b9033cebf8c5e4fb15976c0d266\" tg-width=\"640\" tg-height=\"480\" referrerpolicy=\"no-referrer\"></p>\n<p>Looking at the debt-to-equity ratio, The Walt Disney Company is also the lowest among its peers. This suggests that Disney's capital structure could be conservative in its approach to debt relative to the industry.</p>\n<p><img src=\"https://static.tigerbbs.com/c53bbfa821e92f67b05ae6c4a418bad0\" tg-width=\"640\" tg-height=\"480\" referrerpolicy=\"no-referrer\"></p>\n<p>However, dividend investors may have been disappointed with the decision of Disney's Board to forego the payment of dividends last year. Its last payment of $0.88 per share was on January 16, 2020, for those who had the shares on the record date of December 16, 2019.</p>\n<p><img src=\"https://static.tigerbbs.com/86b599e7a38c7af0abe617f3e95e54a5\" tg-width=\"640\" tg-height=\"446\" referrerpolicy=\"no-referrer\"></p>\n<p>Bob Chapek, the Chief Executive Officer of Disney, said during the Credit Suisse 23rd Annual Communications Conference held on June 14 that the Board of Directors is prioritizing thefunding of its Direct-to-Consumer[DTC] business. He added that dividends will be \"a part of our long-term capital allocation strategy, for sure.\"</p>\n<p>Chapek also revealed what the board is considering:</p>\n<blockquote>\n \"...they'll take into account what they’ve taken into account in the past, which is, what's our strategic investment outlook, where our alternative uses of capital and what are those priorities? What our financial leverage look like coming out of COVID? What the operating environment look like in terms of the release of restrictions that we've got that might constrain our business going forward, or at least give us some time to actually ramp back up to full operating mode, if you will? And what's really just the overall recovery of our businesses across the entire enterprise?\"\n</blockquote>\n<p>For now, Disney's financials are constrained. Its free cash flow is at a depressed level historically, primarily due to the weak cash from operations which in turn is due to the low revenue. The cash from operations on a trailing-twelve-month basis is at a multi-year low of $4.3 billion. Its new star division, Disney+, is unable to singlehandedly lift the company from its pandemic-impacted operations.</p>\n<p><img src=\"https://static.tigerbbs.com/501540384c7735541ed0eeb33116a073\" tg-width=\"640\" tg-height=\"447\" referrerpolicy=\"no-referrer\"></p>\n<p>Nevertheless, Wall Street analysts are not perturbed by the short-term difficulties faced by Disney. The consensus EPS estimate for the fiscal period ending September 2025 is $8.72, implying a sub-20 times forward P/E, a sharp drop from the one-year forward P/E of 72 times. It's thus likely that the share price would rise to bring the P/E ratio above the \"bargain\" sub-20 times level, increasing the justification for a stock split.</p>\n<p><img src=\"https://static.tigerbbs.com/f33bdfa14f2e1f94d872349194cef3d1\" tg-width=\"640\" tg-height=\"281\" referrerpolicy=\"no-referrer\"></p>\n<p><i>Source: Seeking Alpha Premium</i></p>\n<p><b>Additional Justifications For A DIS Stock Split</b></p>\n<p>Given that one of the reasons for doing a stock split is to bring the share price much lower than the current level, double-digit pricing certainly fits the bill. A rhetorical repeat of a 3:1 stock split would bring the share price of Disney to around $57, making it look affordable psychologically, even though it is meaningless from the valuation angle.</p>\n<p>On the other hand, it appears that Disney prefers the prestige of a larger share price, given that it has long resisted a stock split (the last one being over 20 years ago). The management of Disney might regard DIS stock's elevated share price as a reflection of its achievements, especially considering the challenges during the pandemic. A stock split bringing the share price substantially lower has the reverse effect, making the company look less accomplished compared to, say, Amazon.com, Inc. (AMZN) with its quadruple-digit share price.</p>\n<p>At the same time, while we recognize that calling a stock \"expensive\" based on the absolute price might sound silly, it is not uncommon to come across comments lamenting that tickers with share prices in the high triple-digits are \"expensive\" and those with single-digit share prices are \"bargains\".</p>\n<p>Given the option of purchasing partial shares provided by certain brokerages, the impetus to do a split is further diminished. However, judging from the cryptocurrency market, the notion that the price levels do have an effect on investors' mentality shouldn't be dismissed. For instance, the much lower-priced Dogecoin (DOGE-USD) appears to be more favored whether by short-term traders or longer-term investors compared to Bitcoin (BTC-USD).</p>\n<p><img src=\"https://static.tigerbbs.com/efb4b1d5343c9d189af17f7d9d72de30\" tg-width=\"640\" tg-height=\"446\" referrerpolicy=\"no-referrer\"></p>\n<p>Another oft-mentioned reason that companies do stock split is to improve their chances to enter the Dow Jones Industrial Average, one of the oldest and the most commonly followed equity indices. This is because the Dow is a price-weighted measurement stock market index and a high-priced component would skew the index.</p>\n<p>However, The Walt Disney Company is already a Dow component since May 6, 1991. Hence, this would not be a motivation. Nevertheless, those who trade options may welcome a stock split as it makes the option contracts more affordable.</p>\n<p>Whether a DIS stock split would happen this year is another big question. Fundamentally as I discussed earlier, it's a matter of time investors regain confidence in Disney's growth potential. Chart-wise, however, doesn't look good for Disney stock. Its gap in December last year has yet to be filled.</p>\n<p>At the same time, there appears to be a tail-end formation of a head-and-shoulder pattern, a bearish sign. Investors may wish to consider the mentioned factors instead of just looking at a potential jump should Disney announce a stock split.</p>\n<p><img src=\"https://static.tigerbbs.com/eee7ab6b1236c4ed57d19afc78319174\" tg-width=\"640\" tg-height=\"247\"><i>Source: Yahoo Finance</i></p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Will Disney Stock Split This Year?</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\">\nWill Disney Stock Split This Year?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 17:08 GMT+8 <a href=https://seekingalpha.com/article/4435877-will-disney-stock-split><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nDisney's stock split history is reviewed for the possibility of a repeat this year.\nIts financials and cash flows are negatively impacted by the pandemic but analysts are projecting a strong ...</p>\n\n<a href=\"https://seekingalpha.com/article/4435877-will-disney-stock-split\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIS":"迪士尼"},"source_url":"https://seekingalpha.com/article/4435877-will-disney-stock-split","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1186919064","content_text":"Summary\n\nDisney's stock split history is reviewed for the possibility of a repeat this year.\nIts financials and cash flows are negatively impacted by the pandemic but analysts are projecting a strong recovery in the next few years.\nIf the consensus estimates come true, the share price of DIS has much room to head north in line with the EPS growth.\nThe Walt Disney Company could consider another stock split to \"get more people in the stock.\"\n\nHas Disney Stock Ever Split?\nReaders may come across different answers to the question in the header depending on the sources. According to YCharts, The Walt Disney Company (DIS) has had nine stock splits, three between 1985 and 2000, and six prior to 1980.\n\nOn the other hand,Stock Split HistoryandYahoo Financeboth reflect eight stock splits in Disney's history. However, the exercises in 1962 and 2007 seem more like bonus issues than stock splits. The first \"split\" for DIS stock was dated December 18, 1962. This was a 103 for 100 split, meaning that a shareholder with 100 shares of DIS pre-split will subsequently own 103 shares.\n\nSource:StockSplitHistory.com\nAs with all corporate matters, investors should refer to the official announcements to be sure. From Walt Disney's website under the Investor Relations section, the company provided a neat table under the Frequently Asked Questions [FAQs]. The table showed only seven past stock splits that happened between 1956 and 1998. This meant that DIS stock has not split for over two decades. Also, it shows that Walt Disney does not consider the 103 shares for 100 shares and 1,014 shares for 1,000 shares as stock splits.\n\nSource: The Walt Disney Company\nIs Disney Stock Going To Split Again?\nTesla (TSLA) and Nvidia (NVDA) were among the prominent few companies that underwent stock splits recently. When Tesla announced itsfirst-ever stock spliton August 11 last year, the stock jumped from a pre-split price of $1374.4 to as high as $1585 the next day before closing at $1554.75. TSLA went on to clock further gains the rest of the month, appreciating over 80 percent by the end of August 2020.\nNvidia announced in May that its decision to do afour-for-one stock splitwas approved by the board. Its shares were trading above $500 before the announcement and are priced around $750 currently. Nvidia justified the proposed stock split as enabling its shares to become \"more accessible to investors and employees.\"\nThe share price of Disney is currently around $172. It hit a high of $203.02 on March 8, 2021. Even at the peak, the share price was a fraction of what TSLA and NVDA were trading at prior to their stock split announcements. As such, is there an impetus for Disney?\nWell, the last time Disney had a stock split was July 9, 1998, and the pre-split share price was only $111. Apart from one stock split in 1973, the last six stock splits were done when its share price was below $200. A quote often attributed to Mark Twain goes: \"History doesn't repeat itself, but it often rhymes.\" It is probably timely to consider Disney could conduct a fresh stock split as its stock heads back towards $200.\nDisney's Valuation And Prospects Support A Stock Split\nThe Walt Disney Company appeared to be heading for disaster when the COVID-19 pandemic struck last year. Its Disneyland theme parks and hotels around the world had to be shut for extended periods. Its cruise line and retail stores had to close for business as well. Its movies couldn't be shown as theaters were shut while film and TV productions had to be halted too.\nThe challenges that the House of the Mouse faced were unprecedented. In the second fiscal quarter of 2020, its adjusted EPS fell to $0.60 a share from $1.61 a year earlier primarily due to the suspended operations.\nThe management took proactive steps during the second quarter of 2020 to enhance Disney's liquidity position by issuing $6 billion of term debt. A week after the quarter ended, it issued another $925 million in term debt. In terms of net financial debt, however, Disney managed to hold steady and did not exceed the peak of above $50 billion following the addition of debt load to its balance sheet from the 21st Century Fox acquisition in 2019.\n\nAlthough Disney's debt level remains elevated at 28 percent, its debt-to-assets remained close to its five-year average at around 25 percent. It is also comparatively lower than its industry peers. ViacomCBS (VIAC)(VIACA) has a debt-to-assets of 32.5 percent while Comcast (CMCSA) has a debt-to-assets of 37.2 percent. Netflix (NFLX) doesn't own any attraction parks but it has the highest debt-to-assets of 38.8 percent.\n\nLooking at the debt-to-equity ratio, The Walt Disney Company is also the lowest among its peers. This suggests that Disney's capital structure could be conservative in its approach to debt relative to the industry.\n\nHowever, dividend investors may have been disappointed with the decision of Disney's Board to forego the payment of dividends last year. Its last payment of $0.88 per share was on January 16, 2020, for those who had the shares on the record date of December 16, 2019.\n\nBob Chapek, the Chief Executive Officer of Disney, said during the Credit Suisse 23rd Annual Communications Conference held on June 14 that the Board of Directors is prioritizing thefunding of its Direct-to-Consumer[DTC] business. He added that dividends will be \"a part of our long-term capital allocation strategy, for sure.\"\nChapek also revealed what the board is considering:\n\n \"...they'll take into account what they’ve taken into account in the past, which is, what's our strategic investment outlook, where our alternative uses of capital and what are those priorities? What our financial leverage look like coming out of COVID? What the operating environment look like in terms of the release of restrictions that we've got that might constrain our business going forward, or at least give us some time to actually ramp back up to full operating mode, if you will? And what's really just the overall recovery of our businesses across the entire enterprise?\"\n\nFor now, Disney's financials are constrained. Its free cash flow is at a depressed level historically, primarily due to the weak cash from operations which in turn is due to the low revenue. The cash from operations on a trailing-twelve-month basis is at a multi-year low of $4.3 billion. Its new star division, Disney+, is unable to singlehandedly lift the company from its pandemic-impacted operations.\n\nNevertheless, Wall Street analysts are not perturbed by the short-term difficulties faced by Disney. The consensus EPS estimate for the fiscal period ending September 2025 is $8.72, implying a sub-20 times forward P/E, a sharp drop from the one-year forward P/E of 72 times. It's thus likely that the share price would rise to bring the P/E ratio above the \"bargain\" sub-20 times level, increasing the justification for a stock split.\n\nSource: Seeking Alpha Premium\nAdditional Justifications For A DIS Stock Split\nGiven that one of the reasons for doing a stock split is to bring the share price much lower than the current level, double-digit pricing certainly fits the bill. A rhetorical repeat of a 3:1 stock split would bring the share price of Disney to around $57, making it look affordable psychologically, even though it is meaningless from the valuation angle.\nOn the other hand, it appears that Disney prefers the prestige of a larger share price, given that it has long resisted a stock split (the last one being over 20 years ago). The management of Disney might regard DIS stock's elevated share price as a reflection of its achievements, especially considering the challenges during the pandemic. A stock split bringing the share price substantially lower has the reverse effect, making the company look less accomplished compared to, say, Amazon.com, Inc. (AMZN) with its quadruple-digit share price.\nAt the same time, while we recognize that calling a stock \"expensive\" based on the absolute price might sound silly, it is not uncommon to come across comments lamenting that tickers with share prices in the high triple-digits are \"expensive\" and those with single-digit share prices are \"bargains\".\nGiven the option of purchasing partial shares provided by certain brokerages, the impetus to do a split is further diminished. However, judging from the cryptocurrency market, the notion that the price levels do have an effect on investors' mentality shouldn't be dismissed. For instance, the much lower-priced Dogecoin (DOGE-USD) appears to be more favored whether by short-term traders or longer-term investors compared to Bitcoin (BTC-USD).\n\nAnother oft-mentioned reason that companies do stock split is to improve their chances to enter the Dow Jones Industrial Average, one of the oldest and the most commonly followed equity indices. This is because the Dow is a price-weighted measurement stock market index and a high-priced component would skew the index.\nHowever, The Walt Disney Company is already a Dow component since May 6, 1991. Hence, this would not be a motivation. Nevertheless, those who trade options may welcome a stock split as it makes the option contracts more affordable.\nWhether a DIS stock split would happen this year is another big question. Fundamentally as I discussed earlier, it's a matter of time investors regain confidence in Disney's growth potential. Chart-wise, however, doesn't look good for Disney stock. Its gap in December last year has yet to be filled.\nAt the same time, there appears to be a tail-end formation of a head-and-shoulder pattern, a bearish sign. Investors may wish to consider the mentioned factors instead of just looking at a potential jump should Disney announce a stock split.\nSource: Yahoo Finance","news_type":1},"isVote":1,"tweetType":1,"viewCount":346,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125801095,"gmtCreate":1624666533117,"gmtModify":1703843030116,"author":{"id":"3579993752209850","authorId":"3579993752209850","name":"RainaEWQ","avatar":"https://static.tigerbbs.com/61454605a806295755b784f273ebf4b7","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579993752209850","authorIdStr":"3579993752209850"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/125801095","repostId":"1104807513","repostType":2,"repost":{"id":"1104807513","kind":"news","pubTimestamp":1624447558,"share":"https://ttm.financial/m/news/1104807513?lang=&edition=fundamental","pubTime":"2021-06-23 19:25","market":"us","language":"en","title":"ARKK: Buy On Weakness Before It Leaves Without You","url":"https://stock-news.laohu8.com/highlight/detail?id=1104807513","media":"seekingalpha","summary":"Summary\n\nARK Innovation ETF lost almost 40% from its Feb high to the depths in May as it also experi","content":"<p><b>Summary</b></p>\n<ul>\n <li>ARK Innovation ETF lost almost 40% from its Feb high to the depths in May as it also experienced its worst fund outflows in over a year.</li>\n <li>While fear took over many of ARKK’s investors, long-term ARKK investors know nothing has changed, as secular growth drivers remain well intact.</li>\n <li>Long-term investors should take advantage of its price weakness to add more positions of ARK’s flagship ETF.</li>\n</ul>\n<p><b>Investment Thesis</b></p>\n<p>ARK Innovation ETF(NYSEARCA:ARKK)is a popular ETF among retail investors who wish to gain access to disruptive companies in their respective industries. We present our case on whether ARK has lost its “mojo” as it underperformed the broader index ETFs this year, or whether its highest conviction companies remain at the forefront of benefiting from rapid growth drivers ahead.</p>\n<p>ARKK's Highest Conviction Holdings</p>\n<p><img src=\"https://static.tigerbbs.com/6d9d114e082d89c9545bffa12cf3fe50\" tg-width=\"692\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p>\n<p>ARKK Top Holdings. Data source: Koyfin</p>\n<p>ARKK lost about 40% during the recent growth stocks rotation that spooked investors in the companies that formed the top ten largest holdings in ARKK, that collectively accounted for more than 50% of the ETF’s holdings. Although the ETF has recovered somewhat from its lows, it remained 26% away from its Feb high. The rotation has also claimed many of its top holdings as they remained some distance below their respective recent highs: Tesla (TSLA): 32%, Teladoc (TDOC): 50%, Roku, Inc (ROKU): 25%, Shopify (SHOP): 2%, Square (SQ): 17%, Zoom (ZM): 37%, Twilio (TWLO): 20%, Spotify (SPOT): 36%, Unity (U): 40% and Coinbase (COIN): 47%.</p>\n<p>ARKK Fund Flows (1Y period). Source: etfdb</p>\n<p>As a result, investors exited the ETF in droves as the fund suffered its worst outflows over the last one year from Mar to May (with a respite in Apr). Our opinion is astute investors took the chance to sell ARKK into strength in Feb as many late buyers to the market couldn’t wait to chase growth stocks to the sky, that also dragged down many fearful investors over these two months.</p>\n<p>We believe no discussion of ARKK is ever complete without focusing on the fundamentals and growth drivers of the ETF’s highest conviction holdings that we summarise below. We believe the secular growth drivers supporting ARKK’s highest conviction holdings have not changed, while their valuations have gotten a lot more attractive.</p>\n<p><b>Tesla: ARK Estimates There is a 50% Chance that TSLA Would Achieve Fully Autonomous Driving by 2025</b></p>\n<p><img src=\"https://static.tigerbbs.com/7915c3196af23e54013216a209076529\" tg-width=\"600\" tg-height=\"371\" referrerpolicy=\"no-referrer\"></p>\n<p>Estimated U.S. market share of automakers. Data source: GoodCarBadCar.net</p>\n<p>Estimated plug-in EV sales worldwide. Data source: CleanTechnica; EV-Volumes.com</p>\n<p>Investors need no further introduction to TSLA. What’s more important is that while TSLA represented only 2% of the automakers' market share in the U.S., it’s the worldwide leader in EV sales by a fairly large margin. It goes to show the tremendous amount of opportunity for TSLA to capture in the years ahead as the industry’s EV leader.</p>\n<p><img src=\"https://static.tigerbbs.com/3a1d3ce3dc2d4d9a2265995ad24eb957\" tg-width=\"600\" tg-height=\"371\" referrerpolicy=\"no-referrer\"></p>\n<p>L4/5 autonomous vehicles market share. Data source: Deloitte</p>\n<p>TSLA investors know that the company’s lead would hardly be confined to just EV, as that’s just the tip of the iceberg. What makes TSLA such a high conviction pick for ARK is how its lead in EV and full self-driving [FSD] development would open up huge potential opportunities for the company. ARK emphasized:</p>\n<blockquote>\n In our last valuation model, ARK assumed that Tesla had a 30% chance of delivering fully autonomous driving in the five years ended 2024. Now,ARK estimates that the probability is 50% by 2025. Since our last forecast, neural networks have solved many complex problems previously considered unsolvable, increasing the probability that robotaxis are viable. ARK estimates that Tesla’s vehicle fleet gives it access to 30-40 million miles of data per day, up from 20 million per day last year. If successful, Tesla could scale its robotaxi service rapidly, allocating the additional cash in turn to manufacturing capacity serving its autonomous network.\n</blockquote>\n<p>The chart above also gives investors an idea on how Tesla’s lead may transform the entire auto industry by 2035 where in the “disruptive” scenario 59% and 66% of vehicles would be Level 4 or 5 autonomous vehicles, giving the market leader an enormous share of the market, just in auto sales alone. We have not even accounted for revenue streams that could come from other areas such as robotaxi service as highlighted by ARK.</p>\n<p>Of course, not everyone agrees with Tesla’s approach, especially Waymo (unsurprisingly), as well asGuidehouse Insightswho ranked Tesla last again and Waymo first in its latest guide on autonomous driving. Guidehouse said:</p>\n<blockquote>\n “Tesla needs a thorough rethink of its approach to developing its automated driving system [ADS]. It has overpromised with its marketing for nearly 5 years and severely undelivered. Until Tesla is more honest it is unlikely to improve in the rankings of this leaderboard.\"\n</blockquote>\n<p>In addition, Waymo who had long doubted Tesla’s approach to FSD also weighed in again early this year as CEO John Krafcik emphasized:</p>\n<blockquote>\n For us,Tesla is not a competitor at all. We manufacture a completely autonomous driving system. Tesla is an automaker that is developing a really good driver assistance system. It is a misconception that you can just keep developing a driver assistance system until one day you can magically leap to a fully autonomous driving system. In terms of robustness and accuracy, for example, our sensors are orders of magnitude better than what we see on the road from other manufacturers.\n</blockquote>\n<p>For investors, the jury is definitely still out on whether Tesla would be able to succeed, although ARK has long rested its case on TSLA as its highest conviction holding. Investors are encouraged to visitARK’s assumptionswhich detail their assumptions on their bullish stance.</p>\n<p><b>TDOC: Telemedicine Market is Expected to Grow at More Than 20% CAGR over the Next 10 Years</b></p>\n<p>Projected Global Telemedicine market. Data Source: thebusinessresearchcompany.com (TBRC)</p>\n<p>From the chart above we could clearly see that TDOC operates within arapidly growing telemedicine market, that is expected to grow from just $49.9B in 2019 to $459.8B by 2030 in 11 years, which would represent an incredible 25.9% CAGR.</p>\n<p>Telemedicine’s growth had started well before COVID-19 pandemic hit that was then accelerated by the pandemic. However, investors who do not understand TDOC’s growth drivers often lamented that the company’s growth and raison d'être would fizzle out once vaccinations and economies’ reopenings took over. We believe these investors were truly mistaken as TDOC is still expected to generate YoY revenue growth rates in excess of 25% moving forward, that for the emerging leader in telemedicine may even have been on the conservative side as it’s “merely” largely in line with the market’s expected CAGR. Therefore, TDOC’s growth prospects look extremely exciting.</p>\n<p><b>Invest in ARKK or Invest in its Highest Conviction Companies?</b></p>\n<p><img src=\"https://static.tigerbbs.com/3e60603b189daf2329303be82b4b0f98\" tg-width=\"1280\" tg-height=\"694\" referrerpolicy=\"no-referrer\"></p>\n<p>TSLA and TDOC EV / Fwd EBIT. Data source: S&P Capital IQ</p>\n<p>TSLA and TDOC EV / Fwd (EBITDA - CapEx). Data source: S&P Capital IQ</p>\n<p>Growth investors often find themselves undecided on whether to invest in the underlying stocks directly or invest through ARKK. While we don’t think there is a simple answer to this, investors should consider the key benefits of investing in ARKK as compared to investing directly in the underlying stocks.</p>\n<p>While companies such as TSLA and TDOC have massive potential as we could see from both the charts above where their valuations are expected to drop significantly as they continued to scale up and achieve their growth targets (assuming EV remains the same though it’s unrealistic if the companies continue to execute their growth strategies well). However, the fact of the matter remains that their valuations are not cheap whether basing off EBIT or FCF (using EBITDA - CapEx as a proxy) as shown clearly above.</p>\n<p>Therefore, by investing in ARKK you put your money in a widely diversified ETF that’s focused on disruptive companies that are expected to be the leader in the future, although some may not end up to be. Therefore, by investing in ARKK, investors could simply dedicate a disciplined proportion of their portfolio that they are willing to allocate to such disruptive stocks, without the need to fill up their portfolio with lots of them, and taking more risks than what may be appropriate. In addition, as such companies are usually emerging leaders in their respective fields, investors would need to do a lot of groundwork to keep pace with their investments in order to continue evaluating the quality of their thesis moving forward. However, ARK does all the heavy lifting for investors as ARK would actively manage those holdings and would reduce or add exposures to its stocks whenever necessary.</p>\n<p>Therefore, we gladly hold ARKK along with some of the underlying stocks within the ETF in order to benefit from a wide range of disruptive companies that we do not intend to hold as our underlying holdings but wish to gain an exposure to, while holding on to some of ARK's highest conviction picks as our core holdings.</p>\n<p><b>Price Action and Technical Analysis</b></p>\n<p><img src=\"https://static.tigerbbs.com/746f2145c66a240d1b7f32f44ab29c61\" tg-width=\"1280\" tg-height=\"842\" referrerpolicy=\"no-referrer\"></p>\n<p>ARKK has a strong uptrend bias that has been supported along the 20W moving average until it was lost during the rotation we saw between Feb and May. However, it seems like most of the inventory has already been unloaded by the weak holders as $105 looks like a strong support level that has held up well, that also coincided with the 50W moving average. We think that long term investors should not find the current price expensive even though ARKK has recovered somewhat from its May lows. The long term growth drivers remain highly attractive for its underlying stocks and investors should take advantage of the price weakness to initiate or add to ARK’s flagship ETF.</p>\n<p><b>Wrapping It All Up</b></p>\n<p>ARKK represents a convenient way for investors to gain exposure to companies that are expected to grow rapidly and establish themselves as the undisputed leaders in their respective industries.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ARKK: Buy On Weakness Before It Leaves Without You</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\">\nARKK: Buy On Weakness Before It Leaves Without You\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 19:25 GMT+8 <a href=https://seekingalpha.com/article/4435995-arkk-buy-on-weakness-before-it-leaves-without-you><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nARK Innovation ETF lost almost 40% from its Feb high to the depths in May as it also experienced its worst fund outflows in over a year.\nWhile fear took over many of ARKK’s investors, long-...</p>\n\n<a href=\"https://seekingalpha.com/article/4435995-arkk-buy-on-weakness-before-it-leaves-without-you\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF"},"source_url":"https://seekingalpha.com/article/4435995-arkk-buy-on-weakness-before-it-leaves-without-you","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1104807513","content_text":"Summary\n\nARK Innovation ETF lost almost 40% from its Feb high to the depths in May as it also experienced its worst fund outflows in over a year.\nWhile fear took over many of ARKK’s investors, long-term ARKK investors know nothing has changed, as secular growth drivers remain well intact.\nLong-term investors should take advantage of its price weakness to add more positions of ARK’s flagship ETF.\n\nInvestment Thesis\nARK Innovation ETF(NYSEARCA:ARKK)is a popular ETF among retail investors who wish to gain access to disruptive companies in their respective industries. We present our case on whether ARK has lost its “mojo” as it underperformed the broader index ETFs this year, or whether its highest conviction companies remain at the forefront of benefiting from rapid growth drivers ahead.\nARKK's Highest Conviction Holdings\n\nARKK Top Holdings. Data source: Koyfin\nARKK lost about 40% during the recent growth stocks rotation that spooked investors in the companies that formed the top ten largest holdings in ARKK, that collectively accounted for more than 50% of the ETF’s holdings. Although the ETF has recovered somewhat from its lows, it remained 26% away from its Feb high. The rotation has also claimed many of its top holdings as they remained some distance below their respective recent highs: Tesla (TSLA): 32%, Teladoc (TDOC): 50%, Roku, Inc (ROKU): 25%, Shopify (SHOP): 2%, Square (SQ): 17%, Zoom (ZM): 37%, Twilio (TWLO): 20%, Spotify (SPOT): 36%, Unity (U): 40% and Coinbase (COIN): 47%.\nARKK Fund Flows (1Y period). Source: etfdb\nAs a result, investors exited the ETF in droves as the fund suffered its worst outflows over the last one year from Mar to May (with a respite in Apr). Our opinion is astute investors took the chance to sell ARKK into strength in Feb as many late buyers to the market couldn’t wait to chase growth stocks to the sky, that also dragged down many fearful investors over these two months.\nWe believe no discussion of ARKK is ever complete without focusing on the fundamentals and growth drivers of the ETF’s highest conviction holdings that we summarise below. We believe the secular growth drivers supporting ARKK’s highest conviction holdings have not changed, while their valuations have gotten a lot more attractive.\nTesla: ARK Estimates There is a 50% Chance that TSLA Would Achieve Fully Autonomous Driving by 2025\n\nEstimated U.S. market share of automakers. Data source: GoodCarBadCar.net\nEstimated plug-in EV sales worldwide. Data source: CleanTechnica; EV-Volumes.com\nInvestors need no further introduction to TSLA. What’s more important is that while TSLA represented only 2% of the automakers' market share in the U.S., it’s the worldwide leader in EV sales by a fairly large margin. It goes to show the tremendous amount of opportunity for TSLA to capture in the years ahead as the industry’s EV leader.\n\nL4/5 autonomous vehicles market share. Data source: Deloitte\nTSLA investors know that the company’s lead would hardly be confined to just EV, as that’s just the tip of the iceberg. What makes TSLA such a high conviction pick for ARK is how its lead in EV and full self-driving [FSD] development would open up huge potential opportunities for the company. ARK emphasized:\n\n In our last valuation model, ARK assumed that Tesla had a 30% chance of delivering fully autonomous driving in the five years ended 2024. Now,ARK estimates that the probability is 50% by 2025. Since our last forecast, neural networks have solved many complex problems previously considered unsolvable, increasing the probability that robotaxis are viable. ARK estimates that Tesla’s vehicle fleet gives it access to 30-40 million miles of data per day, up from 20 million per day last year. If successful, Tesla could scale its robotaxi service rapidly, allocating the additional cash in turn to manufacturing capacity serving its autonomous network.\n\nThe chart above also gives investors an idea on how Tesla’s lead may transform the entire auto industry by 2035 where in the “disruptive” scenario 59% and 66% of vehicles would be Level 4 or 5 autonomous vehicles, giving the market leader an enormous share of the market, just in auto sales alone. We have not even accounted for revenue streams that could come from other areas such as robotaxi service as highlighted by ARK.\nOf course, not everyone agrees with Tesla’s approach, especially Waymo (unsurprisingly), as well asGuidehouse Insightswho ranked Tesla last again and Waymo first in its latest guide on autonomous driving. Guidehouse said:\n\n “Tesla needs a thorough rethink of its approach to developing its automated driving system [ADS]. It has overpromised with its marketing for nearly 5 years and severely undelivered. Until Tesla is more honest it is unlikely to improve in the rankings of this leaderboard.\"\n\nIn addition, Waymo who had long doubted Tesla’s approach to FSD also weighed in again early this year as CEO John Krafcik emphasized:\n\n For us,Tesla is not a competitor at all. We manufacture a completely autonomous driving system. Tesla is an automaker that is developing a really good driver assistance system. It is a misconception that you can just keep developing a driver assistance system until one day you can magically leap to a fully autonomous driving system. In terms of robustness and accuracy, for example, our sensors are orders of magnitude better than what we see on the road from other manufacturers.\n\nFor investors, the jury is definitely still out on whether Tesla would be able to succeed, although ARK has long rested its case on TSLA as its highest conviction holding. Investors are encouraged to visitARK’s assumptionswhich detail their assumptions on their bullish stance.\nTDOC: Telemedicine Market is Expected to Grow at More Than 20% CAGR over the Next 10 Years\nProjected Global Telemedicine market. Data Source: thebusinessresearchcompany.com (TBRC)\nFrom the chart above we could clearly see that TDOC operates within arapidly growing telemedicine market, that is expected to grow from just $49.9B in 2019 to $459.8B by 2030 in 11 years, which would represent an incredible 25.9% CAGR.\nTelemedicine’s growth had started well before COVID-19 pandemic hit that was then accelerated by the pandemic. However, investors who do not understand TDOC’s growth drivers often lamented that the company’s growth and raison d'être would fizzle out once vaccinations and economies’ reopenings took over. We believe these investors were truly mistaken as TDOC is still expected to generate YoY revenue growth rates in excess of 25% moving forward, that for the emerging leader in telemedicine may even have been on the conservative side as it’s “merely” largely in line with the market’s expected CAGR. Therefore, TDOC’s growth prospects look extremely exciting.\nInvest in ARKK or Invest in its Highest Conviction Companies?\n\nTSLA and TDOC EV / Fwd EBIT. Data source: S&P Capital IQ\nTSLA and TDOC EV / Fwd (EBITDA - CapEx). Data source: S&P Capital IQ\nGrowth investors often find themselves undecided on whether to invest in the underlying stocks directly or invest through ARKK. While we don’t think there is a simple answer to this, investors should consider the key benefits of investing in ARKK as compared to investing directly in the underlying stocks.\nWhile companies such as TSLA and TDOC have massive potential as we could see from both the charts above where their valuations are expected to drop significantly as they continued to scale up and achieve their growth targets (assuming EV remains the same though it’s unrealistic if the companies continue to execute their growth strategies well). However, the fact of the matter remains that their valuations are not cheap whether basing off EBIT or FCF (using EBITDA - CapEx as a proxy) as shown clearly above.\nTherefore, by investing in ARKK you put your money in a widely diversified ETF that’s focused on disruptive companies that are expected to be the leader in the future, although some may not end up to be. Therefore, by investing in ARKK, investors could simply dedicate a disciplined proportion of their portfolio that they are willing to allocate to such disruptive stocks, without the need to fill up their portfolio with lots of them, and taking more risks than what may be appropriate. In addition, as such companies are usually emerging leaders in their respective fields, investors would need to do a lot of groundwork to keep pace with their investments in order to continue evaluating the quality of their thesis moving forward. However, ARK does all the heavy lifting for investors as ARK would actively manage those holdings and would reduce or add exposures to its stocks whenever necessary.\nTherefore, we gladly hold ARKK along with some of the underlying stocks within the ETF in order to benefit from a wide range of disruptive companies that we do not intend to hold as our underlying holdings but wish to gain an exposure to, while holding on to some of ARK's highest conviction picks as our core holdings.\nPrice Action and Technical Analysis\n\nARKK has a strong uptrend bias that has been supported along the 20W moving average until it was lost during the rotation we saw between Feb and May. However, it seems like most of the inventory has already been unloaded by the weak holders as $105 looks like a strong support level that has held up well, that also coincided with the 50W moving average. We think that long term investors should not find the current price expensive even though ARKK has recovered somewhat from its May lows. The long term growth drivers remain highly attractive for its underlying stocks and investors should take advantage of the price weakness to initiate or add to ARK’s flagship ETF.\nWrapping It All Up\nARKK represents a convenient way for investors to gain exposure to companies that are expected to grow rapidly and establish themselves as the undisputed leaders in their respective industries.","news_type":1},"isVote":1,"tweetType":1,"viewCount":297,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125175800,"gmtCreate":1624666315000,"gmtModify":1703843022256,"author":{"id":"3579993752209850","authorId":"3579993752209850","name":"RainaEWQ","avatar":"https://static.tigerbbs.com/61454605a806295755b784f273ebf4b7","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579993752209850","authorIdStr":"3579993752209850"},"themes":[],"htmlText":"will it go up again? ","listText":"will it go up again? ","text":"will it go up again?","images":[{"img":"https://static.tigerbbs.com/8314d7a36ceda7752d6cd50a790fe6d5","width":"1125","height":"2767"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/125175800","isVote":1,"tweetType":1,"viewCount":373,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":122933901,"gmtCreate":1624591798703,"gmtModify":1703841213378,"author":{"id":"3579993752209850","authorId":"3579993752209850","name":"RainaEWQ","avatar":"https://static.tigerbbs.com/61454605a806295755b784f273ebf4b7","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579993752209850","authorIdStr":"3579993752209850"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/122933901","repostId":"1178709687","repostType":4,"isVote":1,"tweetType":1,"viewCount":189,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":116129513,"gmtCreate":1622781689432,"gmtModify":1704191098057,"author":{"id":"3579993752209850","authorId":"3579993752209850","name":"RainaEWQ","avatar":"https://static.tigerbbs.com/61454605a806295755b784f273ebf4b7","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579993752209850","authorIdStr":"3579993752209850"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CRLBF\">$Cresco Labs Inc.(CRLBF)$</a>?","listText":"<a href=\"https://laohu8.com/S/CRLBF\">$Cresco Labs Inc.(CRLBF)$</a>?","text":"$Cresco Labs Inc.(CRLBF)$?","images":[{"img":"https://static.tigerbbs.com/05afbf783f13557e2445efb9ac80621e","width":"1125","height":"2183"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/116129513","isVote":1,"tweetType":1,"viewCount":206,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}