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lizzie1
2021-04-14
Can't wait for it
Coinbase reference price set at $250 per share ahead of Nasdaq debut
lizzie1
2021-08-06
Wow
Sorry, the original content has been removed
lizzie1
2021-08-02
Good read with interesting perspectives
Uber looks beyond ride-hailing as rebound and quest for profit continues
Go to Tiger App to see more news
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08:25","market":"us","language":"en","title":"Robinhood’s Rescuers Are Sitting on $5.4 Billion of Gains This Year","url":"https://stock-news.laohu8.com/highlight/detail?id=1186373801","media":"Bloomberg","summary":"Investors have scored returns in excess of 150% after bailing out the brokerage firm during the Game","content":"<p>Investors have scored returns in excess of 150% after bailing out the brokerage firm during the GameStop trading frenzy.</p>\n<p>When hordes of retail traders caused meme stocks such as GameStop Corp. to soar at the beginning of the year, Robinhood Markets Inc. faced a potentially terminal margin call and needed to raise cash fast.</p>\n<p>The online trading platform turned to investors including Ribbit Capital, Iconiq Capital, New Enterprise Associates and Index Ventures for a $3.55 billion rescue in the form of convertible debt. The venture firms drove a hard bargain — the debt would convert to Robinhood shares at 70% of the company’s offering price when it went public.</p>\n<p>While triple-digit returns aren’t unheard of in venture capital, rarely do they come this quickly. According to Bloomberg calculations, the firms who stepped up in February are already sitting on $5.4 billion in gains.</p>\n<p>Some of those investors now have the option to cash out, according to a regulatory filing on Thursday, a move that pushed down Robinhood’s shares by 13% after they doubled earlier this week.</p>\n<p>Nora Chan, a spokeswoman for Robinhood, declined to comment.</p>\n<p>The debt converted to Robinhood shares at a price of $26.60. The stock is currently trading at $61.30.</p>\n<p>The rescue financing was split into two tranches of $2.5 billion and $1 billion. Investors in the larger portion also received warrants equal to 15% of the amount they invested, and the debt accrued interest at 6%.</p>\n<p>The Thursday filing allows for holders of the first tranche of convertible debt — now equivalent to almost 98 million shares — to sell 50% of their shares. The remaining 50% must be held until Aug. 25. The largest of those holders, New Enterprise Associates, may trim its roughly 10% stake by about 3.9% or 2.9 million shares. Other possible sellers include entities affiliated with Amplo and Andreessen Horowitz.</p>\n<p>While that pushed the stock lower, the investors are still sitting on gains in excess of 150%.</p>\n<p>The 39 million shares associated with the second tranche of convertible debt aren’t included in Thursday’s filing.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Robinhood’s Rescuers Are Sitting on $5.4 Billion of Gains 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\">\nRobinhood’s Rescuers Are Sitting on $5.4 Billion of Gains This Year\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-06 08:25 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-08-05/robinhood-hood-rescuers-plot-sale-after-scoring-5-4-billion-gain-this-year><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors have scored returns in excess of 150% after bailing out the brokerage firm during the GameStop trading frenzy.\nWhen hordes of retail traders caused meme stocks such as GameStop Corp. to soar...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-05/robinhood-hood-rescuers-plot-sale-after-scoring-5-4-billion-gain-this-year\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HOOD":"Robinhood"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-05/robinhood-hood-rescuers-plot-sale-after-scoring-5-4-billion-gain-this-year","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186373801","content_text":"Investors have scored returns in excess of 150% after bailing out the brokerage firm during the GameStop trading frenzy.\nWhen hordes of retail traders caused meme stocks such as GameStop Corp. to soar at the beginning of the year, Robinhood Markets Inc. faced a potentially terminal margin call and needed to raise cash fast.\nThe online trading platform turned to investors including Ribbit Capital, Iconiq Capital, New Enterprise Associates and Index Ventures for a $3.55 billion rescue in the form of convertible debt. The venture firms drove a hard bargain — the debt would convert to Robinhood shares at 70% of the company’s offering price when it went public.\nWhile triple-digit returns aren’t unheard of in venture capital, rarely do they come this quickly. According to Bloomberg calculations, the firms who stepped up in February are already sitting on $5.4 billion in gains.\nSome of those investors now have the option to cash out, according to a regulatory filing on Thursday, a move that pushed down Robinhood’s shares by 13% after they doubled earlier this week.\nNora Chan, a spokeswoman for Robinhood, declined to comment.\nThe debt converted to Robinhood shares at a price of $26.60. The stock is currently trading at $61.30.\nThe rescue financing was split into two tranches of $2.5 billion and $1 billion. Investors in the larger portion also received warrants equal to 15% of the amount they invested, and the debt accrued interest at 6%.\nThe Thursday filing allows for holders of the first tranche of convertible debt — now equivalent to almost 98 million shares — to sell 50% of their shares. The remaining 50% must be held until Aug. 25. The largest of those holders, New Enterprise Associates, may trim its roughly 10% stake by about 3.9% or 2.9 million shares. Other possible sellers include entities affiliated with Amplo and Andreessen Horowitz.\nWhile that pushed the stock lower, the investors are still sitting on gains in excess of 150%.\nThe 39 million shares associated with the second tranche of convertible debt aren’t included in Thursday’s filing.","news_type":1},"isVote":1,"tweetType":1,"viewCount":82,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805239577,"gmtCreate":1627882060299,"gmtModify":1703497122194,"author":{"id":"3580781470014015","authorId":"3580781470014015","authorIdStr":"3580781470014015","name":"lizzie1","avatar":"https://static.tigerbbs.com/6be71e2b781839928751c0a0587d5bf0","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580781470014015"},"themes":[],"htmlText":"Good read with interesting perspectives ","listText":"Good read with interesting perspectives ","text":"Good read with interesting perspectives","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/805239577","repostId":"2155215241","repostType":4,"isVote":1,"tweetType":1,"viewCount":130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344074098,"gmtCreate":1618363786414,"gmtModify":1704709671801,"author":{"id":"3580781470014015","authorId":"3580781470014015","authorIdStr":"3580781470014015","name":"lizzie1","avatar":"https://static.tigerbbs.com/6be71e2b781839928751c0a0587d5bf0","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580781470014015"},"themes":[],"htmlText":"Can't wait for it ","listText":"Can't wait for it ","text":"Can't wait for it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/344074098","repostId":"2127045633","repostType":4,"repost":{"id":"2127045633","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":1618359596,"share":"https://ttm.financial/m/news/2127045633?lang=&edition=fundamental","pubTime":"2021-04-14 08:19","market":"us","language":"en","title":"Coinbase reference price set at $250 per share ahead of Nasdaq debut","url":"https://stock-news.laohu8.com/highlight/detail?id=2127045633","media":"Reuters","summary":"Nasdaq on Tuesday set a reference price of $250 per share for Coinbase Global Inc, projecting a valu","content":"<p>Nasdaq on Tuesday set a reference price of $250 per share for Coinbase Global Inc, projecting a value for the largest U.S. cryptocurrency exchange at $49.19 billion ahead of its landmark stock market debut on Wednesday.</p>\n<p>The reference price is not an offering price for investors to purchase shares, but rather a benchmark for performance when the stock starts trading the exchange on Wednesday.</p>\n<p>Coinbase shares are set to start trading under the “COIN” symbol. The opening public price will be determined by buy and sell orders collected by the Nasdaq from broker-dealers.</p>\n<p>The reference price is below the $343.58 volume-weighted average price Coinbase’s shares were trading at privately in the first quarter of this year.</p>\n<p>If shares trade hands at or above the reference price, Coinbase would be valued at more than six times the $8 billion the company was worth in its last private fundraising round in 2018.</p>\n<p>By comparison, the market capitalization of New York Stock Exchange-parent company Intercontinental Exchange is around $66 billion.</p>\n<p>Coinbase has opted to go public through a direct listing rather than a traditional initial public offering. This means the company will not raise any money and existing investors are not bound by lock-up restrictions on when they can divest their holdings following the market debut.</p>\n<p>The option to go public is much less common than a traditional IPO but is gaining traction. Previous high-profile direct listings include Spotify Technology SA in 2018, Slack Technologies Inc in 2019 and Roblox Corp in 2021.</p>\n<p>Founded in 2012, Coinbase is one of the best-known cryptocurrency platforms globally and has more than 56 million users who trade various virtual coins, including bitcoin, ethereum and XRP.</p>\n<p>Bitcoin hit a record of $62,741 on Tuesday, extending its 2021 rally to new heights a day before the Coinbase listing.</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>Coinbase reference price set at $250 per share ahead of Nasdaq debut</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\">\nCoinbase reference price set at $250 per share ahead of Nasdaq debut\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-04-14 08:19</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Nasdaq on Tuesday set a reference price of $250 per share for Coinbase Global Inc, projecting a value for the largest U.S. cryptocurrency exchange at $49.19 billion ahead of its landmark stock market debut on Wednesday.</p>\n<p>The reference price is not an offering price for investors to purchase shares, but rather a benchmark for performance when the stock starts trading the exchange on Wednesday.</p>\n<p>Coinbase shares are set to start trading under the “COIN” symbol. The opening public price will be determined by buy and sell orders collected by the Nasdaq from broker-dealers.</p>\n<p>The reference price is below the $343.58 volume-weighted average price Coinbase’s shares were trading at privately in the first quarter of this year.</p>\n<p>If shares trade hands at or above the reference price, Coinbase would be valued at more than six times the $8 billion the company was worth in its last private fundraising round in 2018.</p>\n<p>By comparison, the market capitalization of New York Stock Exchange-parent company Intercontinental Exchange is around $66 billion.</p>\n<p>Coinbase has opted to go public through a direct listing rather than a traditional initial public offering. This means the company will not raise any money and existing investors are not bound by lock-up restrictions on when they can divest their holdings following the market debut.</p>\n<p>The option to go public is much less common than a traditional IPO but is gaining traction. Previous high-profile direct listings include Spotify Technology SA in 2018, Slack Technologies Inc in 2019 and Roblox Corp in 2021.</p>\n<p>Founded in 2012, Coinbase is one of the best-known cryptocurrency platforms globally and has more than 56 million users who trade various virtual coins, including bitcoin, ethereum and XRP.</p>\n<p>Bitcoin hit a record of $62,741 on Tuesday, extending its 2021 rally to new heights a day before the Coinbase listing.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","NDAQ":"纳斯达克OMX交易所","TQQQ":"纳指三倍做多ETF",".IXIC":"NASDAQ Composite","QID":"纳指两倍做空ETF","QQQ":"纳指100ETF","PSQ":"纳指反向ETF","QLD":"纳指两倍做多ETF","SQQQ":"纳指三倍做空ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2127045633","content_text":"Nasdaq on Tuesday set a reference price of $250 per share for Coinbase Global Inc, projecting a value for the largest U.S. cryptocurrency exchange at $49.19 billion ahead of its landmark stock market debut on Wednesday.\nThe reference price is not an offering price for investors to purchase shares, but rather a benchmark for performance when the stock starts trading the exchange on Wednesday.\nCoinbase shares are set to start trading under the “COIN” symbol. The opening public price will be determined by buy and sell orders collected by the Nasdaq from broker-dealers.\nThe reference price is below the $343.58 volume-weighted average price Coinbase’s shares were trading at privately in the first quarter of this year.\nIf shares trade hands at or above the reference price, Coinbase would be valued at more than six times the $8 billion the company was worth in its last private fundraising round in 2018.\nBy comparison, the market capitalization of New York Stock Exchange-parent company Intercontinental Exchange is around $66 billion.\nCoinbase has opted to go public through a direct listing rather than a traditional initial public offering. This means the company will not raise any money and existing investors are not bound by lock-up restrictions on when they can divest their holdings following the market debut.\nThe option to go public is much less common than a traditional IPO but is gaining traction. Previous high-profile direct listings include Spotify Technology SA in 2018, Slack Technologies Inc in 2019 and Roblox Corp in 2021.\nFounded in 2012, Coinbase is one of the best-known cryptocurrency platforms globally and has more than 56 million users who trade various virtual coins, including bitcoin, ethereum and XRP.\nBitcoin hit a record of $62,741 on Tuesday, extending its 2021 rally to new heights a day before the Coinbase listing.","news_type":1},"isVote":1,"tweetType":1,"viewCount":142,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":344074098,"gmtCreate":1618363786414,"gmtModify":1704709671801,"author":{"id":"3580781470014015","authorId":"3580781470014015","authorIdStr":"3580781470014015","name":"lizzie1","avatar":"https://static.tigerbbs.com/6be71e2b781839928751c0a0587d5bf0","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580781470014015"},"themes":[],"htmlText":"Can't wait for it ","listText":"Can't wait for it ","text":"Can't wait for it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/344074098","repostId":"2127045633","repostType":4,"repost":{"id":"2127045633","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":1618359596,"share":"https://ttm.financial/m/news/2127045633?lang=&edition=fundamental","pubTime":"2021-04-14 08:19","market":"us","language":"en","title":"Coinbase reference price set at $250 per share ahead of Nasdaq debut","url":"https://stock-news.laohu8.com/highlight/detail?id=2127045633","media":"Reuters","summary":"Nasdaq on Tuesday set a reference price of $250 per share for Coinbase Global Inc, projecting a valu","content":"<p>Nasdaq on Tuesday set a reference price of $250 per share for Coinbase Global Inc, projecting a value for the largest U.S. cryptocurrency exchange at $49.19 billion ahead of its landmark stock market debut on Wednesday.</p>\n<p>The reference price is not an offering price for investors to purchase shares, but rather a benchmark for performance when the stock starts trading the exchange on Wednesday.</p>\n<p>Coinbase shares are set to start trading under the “COIN” symbol. The opening public price will be determined by buy and sell orders collected by the Nasdaq from broker-dealers.</p>\n<p>The reference price is below the $343.58 volume-weighted average price Coinbase’s shares were trading at privately in the first quarter of this year.</p>\n<p>If shares trade hands at or above the reference price, Coinbase would be valued at more than six times the $8 billion the company was worth in its last private fundraising round in 2018.</p>\n<p>By comparison, the market capitalization of New York Stock Exchange-parent company Intercontinental Exchange is around $66 billion.</p>\n<p>Coinbase has opted to go public through a direct listing rather than a traditional initial public offering. This means the company will not raise any money and existing investors are not bound by lock-up restrictions on when they can divest their holdings following the market debut.</p>\n<p>The option to go public is much less common than a traditional IPO but is gaining traction. Previous high-profile direct listings include Spotify Technology SA in 2018, Slack Technologies Inc in 2019 and Roblox Corp in 2021.</p>\n<p>Founded in 2012, Coinbase is one of the best-known cryptocurrency platforms globally and has more than 56 million users who trade various virtual coins, including bitcoin, ethereum and XRP.</p>\n<p>Bitcoin hit a record of $62,741 on Tuesday, extending its 2021 rally to new heights a day before the Coinbase listing.</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>Coinbase reference price set at $250 per share ahead of Nasdaq debut</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\">\nCoinbase reference price set at $250 per share ahead of Nasdaq debut\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-04-14 08:19</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Nasdaq on Tuesday set a reference price of $250 per share for Coinbase Global Inc, projecting a value for the largest U.S. cryptocurrency exchange at $49.19 billion ahead of its landmark stock market debut on Wednesday.</p>\n<p>The reference price is not an offering price for investors to purchase shares, but rather a benchmark for performance when the stock starts trading the exchange on Wednesday.</p>\n<p>Coinbase shares are set to start trading under the “COIN” symbol. The opening public price will be determined by buy and sell orders collected by the Nasdaq from broker-dealers.</p>\n<p>The reference price is below the $343.58 volume-weighted average price Coinbase’s shares were trading at privately in the first quarter of this year.</p>\n<p>If shares trade hands at or above the reference price, Coinbase would be valued at more than six times the $8 billion the company was worth in its last private fundraising round in 2018.</p>\n<p>By comparison, the market capitalization of New York Stock Exchange-parent company Intercontinental Exchange is around $66 billion.</p>\n<p>Coinbase has opted to go public through a direct listing rather than a traditional initial public offering. This means the company will not raise any money and existing investors are not bound by lock-up restrictions on when they can divest their holdings following the market debut.</p>\n<p>The option to go public is much less common than a traditional IPO but is gaining traction. Previous high-profile direct listings include Spotify Technology SA in 2018, Slack Technologies Inc in 2019 and Roblox Corp in 2021.</p>\n<p>Founded in 2012, Coinbase is one of the best-known cryptocurrency platforms globally and has more than 56 million users who trade various virtual coins, including bitcoin, ethereum and XRP.</p>\n<p>Bitcoin hit a record of $62,741 on Tuesday, extending its 2021 rally to new heights a day before the Coinbase listing.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","NDAQ":"纳斯达克OMX交易所","TQQQ":"纳指三倍做多ETF",".IXIC":"NASDAQ Composite","QID":"纳指两倍做空ETF","QQQ":"纳指100ETF","PSQ":"纳指反向ETF","QLD":"纳指两倍做多ETF","SQQQ":"纳指三倍做空ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2127045633","content_text":"Nasdaq on Tuesday set a reference price of $250 per share for Coinbase Global Inc, projecting a value for the largest U.S. cryptocurrency exchange at $49.19 billion ahead of its landmark stock market debut on Wednesday.\nThe reference price is not an offering price for investors to purchase shares, but rather a benchmark for performance when the stock starts trading the exchange on Wednesday.\nCoinbase shares are set to start trading under the “COIN” symbol. The opening public price will be determined by buy and sell orders collected by the Nasdaq from broker-dealers.\nThe reference price is below the $343.58 volume-weighted average price Coinbase’s shares were trading at privately in the first quarter of this year.\nIf shares trade hands at or above the reference price, Coinbase would be valued at more than six times the $8 billion the company was worth in its last private fundraising round in 2018.\nBy comparison, the market capitalization of New York Stock Exchange-parent company Intercontinental Exchange is around $66 billion.\nCoinbase has opted to go public through a direct listing rather than a traditional initial public offering. This means the company will not raise any money and existing investors are not bound by lock-up restrictions on when they can divest their holdings following the market debut.\nThe option to go public is much less common than a traditional IPO but is gaining traction. Previous high-profile direct listings include Spotify Technology SA in 2018, Slack Technologies Inc in 2019 and Roblox Corp in 2021.\nFounded in 2012, Coinbase is one of the best-known cryptocurrency platforms globally and has more than 56 million users who trade various virtual coins, including bitcoin, ethereum and XRP.\nBitcoin hit a record of $62,741 on Tuesday, extending its 2021 rally to new heights a day before the Coinbase listing.","news_type":1},"isVote":1,"tweetType":1,"viewCount":142,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899707091,"gmtCreate":1628213663613,"gmtModify":1703503246477,"author":{"id":"3580781470014015","authorId":"3580781470014015","authorIdStr":"3580781470014015","name":"lizzie1","avatar":"https://static.tigerbbs.com/6be71e2b781839928751c0a0587d5bf0","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580781470014015"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/899707091","repostId":"1186373801","repostType":4,"isVote":1,"tweetType":1,"viewCount":82,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805239577,"gmtCreate":1627882060299,"gmtModify":1703497122194,"author":{"id":"3580781470014015","authorId":"3580781470014015","authorIdStr":"3580781470014015","name":"lizzie1","avatar":"https://static.tigerbbs.com/6be71e2b781839928751c0a0587d5bf0","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580781470014015"},"themes":[],"htmlText":"Good read with interesting perspectives ","listText":"Good read with interesting perspectives ","text":"Good read with interesting perspectives","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/805239577","repostId":"2155215241","repostType":4,"repost":{"id":"2155215241","pubTimestamp":1627876207,"share":"https://ttm.financial/m/news/2155215241?lang=&edition=fundamental","pubTime":"2021-08-02 11:50","market":"us","language":"en","title":"Uber looks beyond ride-hailing as rebound and quest for profit continues","url":"https://stock-news.laohu8.com/highlight/detail?id=2155215241","media":"MarketWatch","summary":"Uber earnings preview: While its core business bounces back, Uber looks to grocery delivery and frei","content":"<p>Uber earnings preview: While its core business bounces back, Uber looks to grocery delivery and freight business while stock struggles</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fd0c97b38d0bbb977294c80b93048fa4\" tg-width=\"700\" tg-height=\"446\" width=\"100%\" height=\"auto\"><span>Uber is scheduled to report second-quarter earnings Wednesday, Aug. 4.</span></p>\n<p>With the ride-hailing recovery rolling along, Uber Technologies Inc. is looking to bolster some of its other businesses.</p>\n<p>Delivery has been a bright spot as ride-hailing struggled to rebound during the COVID-19 pandemic, and Uber <a href=\"https://laohu8.com/S/UBER\">$(UBER)$</a> sought to boost its delivery options with the acquisition of Postmates of freight leader Transplace to speed up its freight division's path to breaking even.</p>\n<p>\"Ride-sharing, New Mobility products (i.e. shared bikes and scooters), app-based food delivery, and logistics are all set to benefit from multiyear secular offline-to-online conversion tailwinds, and we believe Uber is the best-positioned company to capitalize on these trends globally,\" Cowen analysts wrote in a note earlier this month.</p>\n<p>Investment research firms' surveys show a continued upward trajectory for ride-hailing demand and spending on Uber services. According to a Cowen survey, Uber Eats' monthly active users rose at least 2% from the previous quarter and 3% year over year. That same survey showed second-quarter order frequency climbed to all-time highs.</p>\n<p>KeyBanc Capital Markets said its data indicates that driver-supply shortages seen by Uber and competitor Lyft Inc. <a href=\"https://laohu8.com/S/LYFT\">$(LYFT)$</a> are improving, as both companies pulled back on driver incentives from June to July.</p>\n<p>MKM Partners analysts also pointed to Uber's equity stakes in companies such as Didi Global Inc. <a href=\"https://laohu8.com/S/DIDI\">$(DIDI)$</a>, Grab Holdings, Joby Aviation and more, and said they \"see several layers of growth unlocking over the next six months, probably better than any other Internet company at scale.\"</p>\n<p>Chinese ride-hailing giant Didi, though, is under pressure Wednesday after reports that SoftBank Group Corp. is weighing selling a third of its stake in the company to offset its investment losses in Didi.</p>\n<p>As for the Delta variant of COVID-19, analysts at Wedbush Securities said in a note that they expect to see \"good news around underlying ride-sharing demand metrics and profitability outlook despite\" it.</p>\n<p><b>What to expect</b></p>\n<p><b>Earnings:</b> Analysts surveyed by FactSet on average expect Uber to post a loss of 54 cents a share, or a loss of $907.2 million, compared with the company's $1.8 billion loss in the year-ago period. The average expectation of analysts, hedge-fund managers, executives and more as gathered by Estimize also is a loss of 54 cents a share.</p>\n<p><b>Revenue: </b>Analysts on average expect revenue of $3.74 billion, compared with $2.2 billion in the year-ago quarter, according to FactSet. Estimize is guiding for $3.86 billion.</p>\n<p><b>Stock movement: </b>Uber stock has declined following earnings in three of the past four quarters, and five of the nine reports it has made since going public. Uber shares are down 14% so far this year through Friday's session, while the S&P 500 index has gained more than 17%.</p>\n<p><b>What analysts are saying</b></p>\n<p>Investors are awaiting profitability for Uber, which has lost billions of dollars since its inception, and see signs of it in some of its businesses and metrics.</p>\n<p>\"The core ride-sharing platform is profitable on a per-trip basis under our analysis, and the company is poised to continue to gain and retain share in multiple fast-growing geographies and adjacent spaces,\" wrote John Blackledge, Cowen analyst, in a note to investors earlier this month.</p>\n<p>Rohit Kulkarni, managing director of MKM Partners, told investors in a note that Uber has \"a clear pathway to delivery profitability.\" Meanwhile, KeyBanc's Edward Yruma wrote that \"Uber is continuing to see positive spend vs. 2019 due to the strength in the Eats business, with 11% growth the week of 7/11.\"</p>\n<p>Cowen's Blackledge said Uber's Transplace purchase should \"organize and expand Freight's operations, while accelerating the segment's path to profitability, which is now expected in the [fourth quarter of 2022].\"</p>\n<p>When it comes to the regulatory issues surrounding classification of ride-hailing drivers, analysts' takes differ. \"The ride-sharing industry is seeing intensifying regulatory scrutiny globally,\" wrote Yruma.</p>\n<p>On the other hand, Mizuho Securities analysts said in June that in the U.S., \"state policies are moving in the right direction\" for Uber.</p>\n<p>\"Gig labor bills in critical states such as [New York] and [Massachusetts] are using Proposition 22 as a framework for negotiations, so the risk of reclassifying to full employment is limited,\" wrote James Lee, managing director for Mizuho. Proposition 22 is the ballot initiative passed by California voters last year that carves out a new classification for app-based gig workers, allowing Uber, Lyft and others to continue to treat them as independent contractors instead of employees.</p>\n<p>Out of 37 analysts surveyed by FactSet, 30 have a buy rating on Uber stock, while three have a hold rating, two say sell and two rate the stock at overweight. The average price target as of Friday was $69.53.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Uber looks beyond ride-hailing as rebound and quest for profit continues</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUber looks beyond ride-hailing as rebound and quest for profit continues\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-02 11:50 GMT+8 <a href=https://www.marketwatch.com/story/uber-looks-beyond-ride-hailing-as-rebound-and-quest-for-profit-continues-11627672915?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Uber earnings preview: While its core business bounces back, Uber looks to grocery delivery and freight business while stock struggles\nUber is scheduled to report second-quarter earnings Wednesday, ...</p>\n\n<a href=\"https://www.marketwatch.com/story/uber-looks-beyond-ride-hailing-as-rebound-and-quest-for-profit-continues-11627672915?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBER":"优步"},"source_url":"https://www.marketwatch.com/story/uber-looks-beyond-ride-hailing-as-rebound-and-quest-for-profit-continues-11627672915?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2155215241","content_text":"Uber earnings preview: While its core business bounces back, Uber looks to grocery delivery and freight business while stock struggles\nUber is scheduled to report second-quarter earnings Wednesday, Aug. 4.\nWith the ride-hailing recovery rolling along, Uber Technologies Inc. is looking to bolster some of its other businesses.\nDelivery has been a bright spot as ride-hailing struggled to rebound during the COVID-19 pandemic, and Uber $(UBER)$ sought to boost its delivery options with the acquisition of Postmates of freight leader Transplace to speed up its freight division's path to breaking even.\n\"Ride-sharing, New Mobility products (i.e. shared bikes and scooters), app-based food delivery, and logistics are all set to benefit from multiyear secular offline-to-online conversion tailwinds, and we believe Uber is the best-positioned company to capitalize on these trends globally,\" Cowen analysts wrote in a note earlier this month.\nInvestment research firms' surveys show a continued upward trajectory for ride-hailing demand and spending on Uber services. According to a Cowen survey, Uber Eats' monthly active users rose at least 2% from the previous quarter and 3% year over year. That same survey showed second-quarter order frequency climbed to all-time highs.\nKeyBanc Capital Markets said its data indicates that driver-supply shortages seen by Uber and competitor Lyft Inc. $(LYFT)$ are improving, as both companies pulled back on driver incentives from June to July.\nMKM Partners analysts also pointed to Uber's equity stakes in companies such as Didi Global Inc. $(DIDI)$, Grab Holdings, Joby Aviation and more, and said they \"see several layers of growth unlocking over the next six months, probably better than any other Internet company at scale.\"\nChinese ride-hailing giant Didi, though, is under pressure Wednesday after reports that SoftBank Group Corp. is weighing selling a third of its stake in the company to offset its investment losses in Didi.\nAs for the Delta variant of COVID-19, analysts at Wedbush Securities said in a note that they expect to see \"good news around underlying ride-sharing demand metrics and profitability outlook despite\" it.\nWhat to expect\nEarnings: Analysts surveyed by FactSet on average expect Uber to post a loss of 54 cents a share, or a loss of $907.2 million, compared with the company's $1.8 billion loss in the year-ago period. The average expectation of analysts, hedge-fund managers, executives and more as gathered by Estimize also is a loss of 54 cents a share.\nRevenue: Analysts on average expect revenue of $3.74 billion, compared with $2.2 billion in the year-ago quarter, according to FactSet. Estimize is guiding for $3.86 billion.\nStock movement: Uber stock has declined following earnings in three of the past four quarters, and five of the nine reports it has made since going public. Uber shares are down 14% so far this year through Friday's session, while the S&P 500 index has gained more than 17%.\nWhat analysts are saying\nInvestors are awaiting profitability for Uber, which has lost billions of dollars since its inception, and see signs of it in some of its businesses and metrics.\n\"The core ride-sharing platform is profitable on a per-trip basis under our analysis, and the company is poised to continue to gain and retain share in multiple fast-growing geographies and adjacent spaces,\" wrote John Blackledge, Cowen analyst, in a note to investors earlier this month.\nRohit Kulkarni, managing director of MKM Partners, told investors in a note that Uber has \"a clear pathway to delivery profitability.\" Meanwhile, KeyBanc's Edward Yruma wrote that \"Uber is continuing to see positive spend vs. 2019 due to the strength in the Eats business, with 11% growth the week of 7/11.\"\nCowen's Blackledge said Uber's Transplace purchase should \"organize and expand Freight's operations, while accelerating the segment's path to profitability, which is now expected in the [fourth quarter of 2022].\"\nWhen it comes to the regulatory issues surrounding classification of ride-hailing drivers, analysts' takes differ. \"The ride-sharing industry is seeing intensifying regulatory scrutiny globally,\" wrote Yruma.\nOn the other hand, Mizuho Securities analysts said in June that in the U.S., \"state policies are moving in the right direction\" for Uber.\n\"Gig labor bills in critical states such as [New York] and [Massachusetts] are using Proposition 22 as a framework for negotiations, so the risk of reclassifying to full employment is limited,\" wrote James Lee, managing director for Mizuho. Proposition 22 is the ballot initiative passed by California voters last year that carves out a new classification for app-based gig workers, allowing Uber, Lyft and others to continue to treat them as independent contractors instead of employees.\nOut of 37 analysts surveyed by FactSet, 30 have a buy rating on Uber stock, while three have a hold rating, two say sell and two rate the stock at overweight. The average price target as of Friday was $69.53.","news_type":1},"isVote":1,"tweetType":1,"viewCount":130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
