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2022-01-28

Yes

@TigerEvents:Join Tiger Ski Championship, Win a Bonus of Up to USD 2022

2021-08-31

Nice!!!!!

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2021-08-03

Nice!

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2021-07-30

Time to buy!

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2021-07-30

Buy the drop!

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2021-07-27

Oh noooo

Boeing’s Turnaround After 737 Max Crisis Threatened by Talent Exodus

2021-07-26

Cant wait!

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2021-06-15

Like pls!!

What to Expect in This Week’s Federal Reserve Meeting

2021-04-24

$Walt Disney(DIS)$yayyyy!!

2021-04-21

Going downnn :(

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2021-04-14

Upup! Help like pls!

GameStop stock was up more than 2% after dropping 26.36% amid 7-day losing streak through Tuesday

2021-04-14

Upup!

Apple Stock Could Rise From Strength In This Key Segment

2021-04-14

$STI ETF(ES3.SI)$upup!

2021-04-14

Crypto ftw!

Coinbase IPO: Everything you need to know about the ‘watershed moment’ in crypto

2021-04-14

Crypto ftw!

Coinbase IPO: Everything you need to know about the ‘watershed moment’ in crypto

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To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and it’s very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: <a href=\"https://www.tigerbrokers.com.sg/activity/market/2022/happy-new-year/#/\" target=\"_blank\">Click to Join the Game</a>","listText":"2022 is the Year of Tiger in Chinese lunar calendar, it’s also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and it’s very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: <a href=\"https://www.tigerbrokers.com.sg/activity/market/2022/happy-new-year/#/\" target=\"_blank\">Click to Join the Game</a>","text":"2022 is the Year of Tiger in Chinese lunar calendar, it’s also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and it’s very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: Click to Join the 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to buy!","listText":"Time to buy!","text":"Time to buy!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/806239800","repostId":"1148228381","repostType":4,"isVote":1,"tweetType":1,"viewCount":601,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808783555,"gmtCreate":1627610520177,"gmtModify":1703493311721,"author":{"id":"3581472743019515","authorId":"3581472743019515","authorIdStr":"3581472743019515","name":"sqsq123","avatar":"https://static.tigerbbs.com/785195472d548d1e809574255456222e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581472743019515"},"themes":[],"htmlText":"Buy the drop!","listText":"Buy the drop!","text":"Buy the drop!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/808783555","repostId":"1105519179","repostType":4,"isVote":1,"tweetType":1,"viewCount":601,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809139302,"gmtCreate":1627351412306,"gmtModify":1703488144049,"author":{"id":"3581472743019515","authorId":"3581472743019515","authorIdStr":"3581472743019515","name":"sqsq123","avatar":"https://static.tigerbbs.com/785195472d548d1e809574255456222e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581472743019515"},"themes":[],"htmlText":"Oh noooo","listText":"Oh noooo","text":"Oh noooo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/809139302","repostId":"1169428988","repostType":4,"repost":{"id":"1169428988","pubTimestamp":1627350433,"share":"https://ttm.financial/m/news/1169428988?lang=&edition=fundamental","pubTime":"2021-07-27 09:47","market":"us","language":"en","title":"Boeing’s Turnaround After 737 Max Crisis Threatened by Talent Exodus","url":"https://stock-news.laohu8.com/highlight/detail?id=1169428988","media":"Bloomberg","summary":"Boeing Co. will put its battered engineering reputation on the line again this week when its Starlin","content":"<p>Boeing Co. will put its battered engineering reputation on the line again this week&nbsp;when its Starliner spacecraft blasts off from Florida with a load of supplies for the International Space Station.</p>\n<p>The mission is a do-over of a 2019 trip that almost ended in calamity, and a dress rehearsal for the Boeing capsule's first flight with astronauts later this year. If successful, it would narrow the gap with an ascendant rival, SpaceX, and answer the latest space-faring feats by the billionaire founders ofBlue Origin&nbsp;andVirgin Galactic.</p>\n<p>A tour de force by Starliner might also help distract from a potential problem Boeing is facing back on earth: An exodus of some of the company's most experienced engineers that threatens its rebound from a bruising run that includes the grounding of its 737 Max jets after two fatal crashes and the plunge in global air travel amid the spread of Covid-19.</p>\n<p>“It’s hard to overestimate the significance of it,” said Andrew Aldrin, director of the Aldrin Space Institute at the Florida Institute of Technology.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/884a2a76e75ea921dbb6255190f738a8\" tg-width=\"1000\" tg-height=\"750\" referrerpolicy=\"no-referrer\"><span>The CST-100 Starliner spacecraft rolls out from Boeing’s Commercial Cargo and Processing Facility in the pre-dawn hours at the Kennedy Space Center in Florida on July 17.Photographer: Gregg Newton/AFP/Getty Images</span></p>\n<p>More than 3,200&nbsp;engineers and technical workers have left the company’s Seattle airplane manufacturing hub since the start of last year,&nbsp;about 18% of the union that represents them, with only a scant number added behind. In all, Boeing is aiming to cut&nbsp;23,000 employees —&nbsp;from its executive committee to the factory floor — through layoffs,buyoutsand retirement&nbsp;initiatives it launched last year as it racked up record financial losses.</p>\n<p>The engineers departed an employer that had&nbsp;shifted away from the bet-the-company ethos that gave the world the 747 jumbo jet and the Apollo era's Saturn rocket. Over the past decade, cost-obsessed Boeing executives wowed Wall Street by plowing more than $40 billion into share buybacks.The strategy made Boeing the best performer in the Dow Jones Industrial Average for a span, but left the manufacturer ill-prepared for leaner times and new competitive threats.</p>\n<p>Now, with a new space age beckoning and aviation beginning to tentatively recover from the&nbsp;pandemic, the century-old company’s standing as the preeminent American aerospace champion is in question.</p>\n<p>Boeing's new chief executive officer, Dave Calhoun, has pledged to return the aviation titan to its roots as an engineering-centric company as he reboots its strategy for an era of loosened pandemic restrictions. There&nbsp;has been a step-up in hiring to offset the lost talent and address software shortfalls, but a spate of production defects in the crown-jewel 787 Dreamliner have overshadowed that initiative.</p>\n<p><img src=\"https://static.tigerbbs.com/1592740d60423698208be1dbfdb734d5\" tg-width=\"1000\" tg-height=\"667\" referrerpolicy=\"no-referrer\">Boeing CEO Dave Calhoun&nbsp;took the top job in January 2020&nbsp;after predecessor Dennis Muilenburg was pushed out over the 737 Max debacle.Photographer: Christopher Goodney/Bloomberg</p>\n<p>“We wonder if Boeing is suffering from an engineering brain drain, as potentially too many senior engineers have left the company in recent years and recent hiring trends have not filled the gap,” cautioned Ron Epstein, an analyst with Bank of America, who was a Boeing scientist early in his career.</p>\n<p>The manufacturer shielded its government-funded space and defense units from the payroll purge,&nbsp;and continued to hire through the worst of last year's downturn, including engineers. As the 737 Max was cleared to fly again and air travel rebounded in the U.S., the Chicago-based company pared its job-cut targets by at least 3,000 positions — targets that could narrow again as business conditions improve. It held a virtual career fair this month to recruit production and airplane systems engineers to its Seattle facilities.</p>\n<p>“Engineering excellence is core to Boeing’s culture,”&nbsp;a Boeing spokesman said in a statement. “Over the past two years, we have methodically strengthened our engineering function, including establishing a unified organization of 50,000 talented and accomplished engineers across our commercial, defense, and space portfolio.”</p>\n<p>Still, Boeing faces a years-long turnaround and intensified competition in its commercial jet business from arch-rival Airbus SE, which has built up a commanding sales lead. With aircraft sales snapping back faster than expected and pressure building to launch a new midrange jetliner, Boeing will soon find out: Did it cut too deeply?</p>\n<p><img src=\"https://static.tigerbbs.com/718fc9fa26da0723e329097e47ab7a40\" tg-width=\"2000\" tg-height=\"1333\" referrerpolicy=\"no-referrer\">As Boeing’s&nbsp;737 Max was cleared to fly again and air travel rebounded in the U.S., the Chicago-based company pared its job-cut targets and stepped up hiring.Photographer: Scott Olson/Getty ImagesThe Pull of Competitors</p>\n<p>Boeing has lost scores of workers to younger businesses,&nbsp;such as Amazon.com Inc. and SpaceX,&nbsp;that are pushing technological advances at breakneck speed. About 1,100 Boeing alumni now work for the Seattle-based e-commerce giant, an analysis of LinkedIn data show, and at least 200&nbsp;former Boeing workers are at Elon Musk’s space venture. Microsoft Corp., Northrop Grumman Corp. and Lockheed Martin Corp. are also popular landing spots.</p>\n<p>Those who join SpaceX and endure its grueling, 20-hour work days are often driven by idealism, said Aldrin. After all, Musk founded the company with the&nbsp;grandiose goal of establishing interplanetary travel that one day might save the human race.</p>\n<p>With Amazon, the lure is often money. Boeing professionals in the Seattle area can potentially get a significant pay bump without uprooting their families by joining the online retailer, say two people familiar with the matter.&nbsp;No wonder: Amazon, like SpaceX, is a&nbsp;new-economy wunderkind.</p>\n<p>Amazon has been hiring Boeing workers with deep operations expertise for the side of its business&nbsp;where humans and robots toil together in giant warehouses. Walt Odisho, for example, had spearheaded efforts to make Boeing’s 737 factory more efficient. He retired from Boeing in March and joined Amazon weeks later as a vice president, according to his LinkedIn profile.</p>\n<p>Another Boeing veteran, David Carbon, led that company’s South Carolina operations and introduced the largest 787 Dreamliner model to the world. These days, he’s overseeing the Amazon unit that’s creating a fleet of drones to whisk orders to shoppers.</p>\n<p>Boeing shifted all of its 787 manufacturing to South Carolina earlier this year.Photographer: Travis Dove/Bloomberg</p>\n<p>Carbon cheered when a former colleague, Bob Whittington, signed on as Prime Air’s vice president of technology and engineering in November. Whittington, who had been the chief engineer for the 787 program, was among the first wave of workers to depart Boeing last year as the pandemic decimated sales. He didn’t stay retired for long, joining Amazon months later, LinkedIn shows. “Bob is a legend in the aviation world,” Carbon gushed online of the 33-year Boeing veteran.</p>\n<p>“There are a lot of smart people who work here who could choose to make money doing something else. But they love airplanes,” Whittington said in a 2013 profile by a company magazine. “When an airplane flies over, they all look up.”</p>\n<p>No fewer than 32 Boeing engineers have landed at Amazon’s Prime Air cargo drone service, most of them hired within the past two years. In fact, Amazon overtook Boeing as Washington's largest employer last year as its sales surged, state data show.</p>\n<p>\"There are a tremendous number of opportunities for aerospace, science, robotics, and engineering experts at Prime Air that involve cutting-edge innovations,” a spokesperson for the online retailer said in a statement. Amazon declined to make former Boeing executives available for an interview.</p>\n<p><img src=\"https://static.tigerbbs.com/4963718340ed2378d22e812c51c1c386\" tg-width=\"1000\" tg-height=\"667\" referrerpolicy=\"no-referrer\">At a technology conference in Las Vegas in&nbsp;2019,&nbsp;Amazon unveiled the MK27 version of its delivery drone.Photographer: Joe Buglewicz/Bloomberg</p>\n<p>The competition for talent is heating up as the industry adjusts to a pandemic-altered world. Aerospace is heading into \"a major hiring phase,'' said Paul Smith, senior vice president of business development at PEAK Technical Staffing, a headhunting firm that specializes in engineering. “We're spending more time recruiting for engineering now than we have done previously in those marketplaces because they're really starting to want to steal people.”</p>\n<p>Boeing has&nbsp;notched some wins in the talent wars. In November, it created a new vice president role for Jinnah Hosein, a veteran of SpaceX, Tesla Inc., Google, and most recently Aurora, a self-driving vehicle company.</p>\n<p>Software design and coding errors&nbsp;have repeatedly led to performance shortfalls, like the faulty system that commanded the 737 Max to dive, KC-46 tanker's fueling glitches and delays to the 777X jet's debut. They also caused the Starliner capsule to miss a rendezvous with the International Space Station on its first flight in 2019. In his new role, Hosein charts strategy and leads a new centralized engineering unit that helps Boeing's three main divisions develop software embedded in the manufacturer's products.</p>\n<p>The turmoil&nbsp;has also been something of a boon for those angling to join Boeing's top engineering ranks. The company has given 264 employees the sought-after designation of technical fellow&nbsp;this year, an honor that marks them as a top-caliber expert and often means a bump in pay. Some years only a dozen or so people make the grade. The planemaker lost 275 of those specialists in last year's exodus.</p>\n<p>Technical Fellows</p>\n<p>After it lost a significant number of technical fellows last year, Boeing has repopulated its ranks of fellows by awarding that designation to more workers</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7774482c512519e0da060494586380bd\" tg-width=\"943\" tg-height=\"402\" referrerpolicy=\"no-referrer\"><span>Source: Boeing</span></p>\n<p>“I had no qualms when I left Boeing this past December after 35-plus years with the company,'' said Todd Zarfos, a retired engineering vice president. “I considered our engineering talent pipeline very robust and something in which I and fellow leaders invested to ensure continuity with the next generation of leaders.''</p>\n<p>Not everyone shares his optimism.&nbsp;The turnover inevitably has meant the loss of some of the knowledge gained through decades of designing and building highly complicated jetliners.</p>\n<p>“I assume they think they have plans in place to ensure that knowledge isn’t lost,” said Ray Goforth, executive director of the union representing Boeing’s engineers. “I don’t have the same confidence.”</p>\n<p>Boeing still has a pipeline into the nation's top engineering schools, and the company's name on a resume can open&nbsp;doors. Even with its recent travails, the planemaker is among the 10 largest employers of 2021 Washington State University graduates. The number-one&nbsp;destination for this year's class: Amazon.</p>\n<p><img src=\"https://static.tigerbbs.com/ef1eae7455e0c74db995ee6ad98fd37f\" tg-width=\"2000\" tg-height=\"1328\" referrerpolicy=\"no-referrer\">Boeing’s Starliner launched on Dec. 20, 2019, and after&nbsp;failing&nbsp;to complete its mission to dock with the International Space Station, landed in New Mexico two days later.Photographer: Jonathan Newton/The Washington Post/Getty ImagesDone With Moon Shots</p>\n<p>Boeing’s talent predicament has been years in the making. The Boeing engineering union's membership peaked at 22,985 early last decade as the planemaker tackled 787 production snarls, while developing new models including the 737 Max. It has since tumbled by 38% as management shifted work to Florida and California. Back in 2014, while Musk’s SpaceX was setting its sights on Mars, Boeingfocused on cash&nbsp;after then-CEO Jim McNerney declared the company was done pursuing the once-in-a-generation “moon shots” that had long been its hallmark.</p>\n<p>The planemaker ramped up production of its most-profitable jets at factories strained almost to the breaking point, resulting in record sales. The strategy worked until two 737 Max jets fell out of the sky within a five-month span. The fatal crashes, linked to flawed flight-control software, created a massive hole in Boeing’s revenue and a public-relations nightmare. The following year, the Covid-19 pandemic wiped out demand for the company's other cash-cow jet, the 787 Dreamliner.</p>\n<p>Turbulence</p>\n<p>While revenue in Boeing's second- and third-largest divisions has remained relatively stable, its commercial airplanes business has shrunk significantly</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ce0b2f668f752df67c77e5159e13ea8c\" tg-width=\"943\" tg-height=\"397\" referrerpolicy=\"no-referrer\"><span>Source: Company filings</span></p>\n<p>All told, those two crises sapped $30 billion in cash and precipitated the largest internal upheaval since the Sept. 11, 2001, attacks roiled its jetliner business. The exodus in Seattle has included around 6,000 mechanics, according to their union, the International Association of Machinists and Aerospace Workers.</p>\n<p><img src=\"https://static.tigerbbs.com/8f915068cf349a1a7867da13a424e3cb\" tg-width=\"2000\" tg-height=\"1333\" referrerpolicy=\"no-referrer\">The Boeing 737 Max was grounded in March 2019 for 20 months after two deadly crashes in Indonesia and Ethiopia.Photographer: David Ryder/Getty Images North America</p>\n<p>While analysts warn about the impact of engineering departures, it is too early to know how they might affect Boeing’s long-term prospects, including&nbsp;its showdown with European rival Airbus. That company&nbsp;didn’t cut workers as deeply and is now working to speed output in its factories to exceed pre-pandemic levels. The France-based manufacturer holds about 50% more&nbsp;single-aisle jet orders compared to Boeing's backlog, giving it a rare opportunity to take command of the jetliner duopoly.</p>\n<p>While Boeing ramped up its share buybacks last decade, Airbus was outspending the U.S. manufacturer on research as a percentage of sales every year but one.&nbsp;Airbus&nbsp;shares are up about 117% over the last five years, compared to a 66% gain for Boeing.</p>\n<p>Aircraft Research</p>\n<p>Airbus has been outspending Boeing on R&amp;D as a percentage of sales</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9b9fa72f64a23e0df364b4d0236c8a7f\" tg-width=\"947\" tg-height=\"406\" referrerpolicy=\"no-referrer\"><span>Source: Company reports</span></p>\n<p>Tough Decisions</p>\n<p>Boeing has cut deeply into its workforce over the years to survive industry shocks. It has often recalled workers and rehired retirees as consultants when the subsequent recovery left it short-handed.</p>\n<p>“That’s just the tendency, to lay off too many, too soon,” said Tom McCarty, a retired engineer and former president of the Society of Professional Engineering Employees in Aerospace, an engineers union.</p>\n<p>Aerospace analyst Seth Seifman says the company is still in the “early-to-mid stages” of a transition under CEO Calhoun, who&nbsp;took the top job in January 2020&nbsp;after predecessor Dennis Muilenburg was pushed out over the 737 Max debacle. Brian West, a long-time Calhoun lieutenant, is replacing the recently-retired Greg Smithas chief financial officerand key architect of Boeing's makeover.</p>\n<p><img src=\"https://static.tigerbbs.com/282940cfe1aeafa408fde674c20316f9\" tg-width=\"1000\" tg-height=\"666\" referrerpolicy=\"no-referrer\">Family members displayed photos of 737 Max crash victims as&nbsp;Dennis Muilenburg testified&nbsp;before the Senate on&nbsp;Oct. 29, 2019.Photographer: Tom Williams/CQ-Roll Call/Getty Images</p>\n<p>Boeing's talent exodus and production shortfalls, particularly with the 787, will be in focus when the manufacturer reports earnings on Wednesday. \"We continue to question how engineering excellence fits into Boeing's business transformation,'' Epstein, the Bank of America analyst, wrote in a July 21 report.</p>\n<p>Calhoun, a former GE executive who more recently ran Blackstone's private-equity portfolio, has vowed to get the basics right —&nbsp;core engineering, safety and manufacturing quality. He has made some tough decisions, including closing a Seattle-area manufacturing line for the 787 Dreamliner and shifting&nbsp;work to a non-unionized plant in South Carolina.</p>\n<p>As the crisis worsened last year, Calhoun also jettisoned Boeing's futuristic forays. First to go was a midrange jet known as the NMA, followed by Boeing’s $4.2 billion takeover of Embraer SA. Boeing later shut down units that had dabbled in venture capital. It opted against propping upnow-defunct supersonic jet-maker Aerion Corp., after spending around $300 million for an equity stake, according to a person familiar with the matter.</p>\n<p>But it wasn’t just tangential projects&nbsp;that fell to cost cuts. Boeing slashed its overall research and development spending 23% last year from a year earlier. For a company so heavily dependent on innovation, that was the equivalent of a farmer dining on the seed corn needed to plant next year’s crop, said Richard Aboulafia, an aerospace analyst with Teal Group.</p>\n<p>Boeing says it has poured more than $60 billion into research and development, capital expenditures and strategic investments such as digital engineering tools that helped move the T-7A military training jet from a design on a computer screen to first flight in 36 months. “These investments in our people and our products empower our teams to drive innovation, quality and performance as they work on challenging programs that change the world,” the company said.</p>\n<p><img src=\"https://static.tigerbbs.com/51981f0bd96d6eb6e2218040b1a7fb93\" tg-width=\"2000\" tg-height=\"1333\" referrerpolicy=\"no-referrer\">The last time Boeing debuted an all-new jetliner was with the 787 Dreamliner nearly two decades ago.Photographer: Chris Ratcliffe/BloombergLure of Complicated Machines</p>\n<p>Starliner is set to&nbsp;dock&nbsp;at the space station for several days before returning to Earth with a landing in the western U.S. A drama-free voyage&nbsp;could help restore some of the swagger to a Boeing division that pioneered human spaceflight. For now, SpaceX continues to captivate the next generation of rocket scientists. Aldrin, who is the son of astronaut Buzz Aldrin, estimates that over half of the engineering students he teaches near Florida's Space Coast have their sights set on Musk's venture.</p>\n<p>The talent Boeing has lost may come into sharper focus if the planemakermoves ahead with its first all-new jetlinersince the 787 Dreamliner debuted nearly two decades ago. The prospect of creating one of the most complicated machines on the planet was a reliable lure to engineers in the past.</p>\n<p>Then again, Boeing was sketching out concepts for this type of jetliner back in 2014, when McNerney backed away from moon shots. That was weeks after SpaceX first flew a rocket booster back from the edge of space to a soft, watery landing, redefining American industrial innovation and establishing itself as a glittery star in a constellation where the leading legacy player was starting to fade.</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>Boeing’s Turnaround After 737 Max Crisis Threatened by Talent Exodus</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\">\nBoeing’s Turnaround After 737 Max Crisis Threatened by Talent Exodus\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-27 09:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/features/2021-07-26/can-boeing-starliner-launch-pivot-from-737-max-woes-to-challenge-amazon-spacex><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Boeing Co. will put its battered engineering reputation on the line again this week when its Starliner spacecraft blasts off from Florida with a load of supplies for the International Space Station.\n...</p>\n\n<a href=\"https://www.bloomberg.com/news/features/2021-07-26/can-boeing-starliner-launch-pivot-from-737-max-woes-to-challenge-amazon-spacex\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BA":"波音"},"source_url":"https://www.bloomberg.com/news/features/2021-07-26/can-boeing-starliner-launch-pivot-from-737-max-woes-to-challenge-amazon-spacex","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169428988","content_text":"Boeing Co. will put its battered engineering reputation on the line again this week when its Starliner spacecraft blasts off from Florida with a load of supplies for the International Space Station.\nThe mission is a do-over of a 2019 trip that almost ended in calamity, and a dress rehearsal for the Boeing capsule's first flight with astronauts later this year. If successful, it would narrow the gap with an ascendant rival, SpaceX, and answer the latest space-faring feats by the billionaire founders ofBlue Origin andVirgin Galactic.\nA tour de force by Starliner might also help distract from a potential problem Boeing is facing back on earth: An exodus of some of the company's most experienced engineers that threatens its rebound from a bruising run that includes the grounding of its 737 Max jets after two fatal crashes and the plunge in global air travel amid the spread of Covid-19.\n“It’s hard to overestimate the significance of it,” said Andrew Aldrin, director of the Aldrin Space Institute at the Florida Institute of Technology.\nThe CST-100 Starliner spacecraft rolls out from Boeing’s Commercial Cargo and Processing Facility in the pre-dawn hours at the Kennedy Space Center in Florida on July 17.Photographer: Gregg Newton/AFP/Getty Images\nMore than 3,200 engineers and technical workers have left the company’s Seattle airplane manufacturing hub since the start of last year, about 18% of the union that represents them, with only a scant number added behind. In all, Boeing is aiming to cut 23,000 employees — from its executive committee to the factory floor — through layoffs,buyoutsand retirement initiatives it launched last year as it racked up record financial losses.\nThe engineers departed an employer that had shifted away from the bet-the-company ethos that gave the world the 747 jumbo jet and the Apollo era's Saturn rocket. Over the past decade, cost-obsessed Boeing executives wowed Wall Street by plowing more than $40 billion into share buybacks.The strategy made Boeing the best performer in the Dow Jones Industrial Average for a span, but left the manufacturer ill-prepared for leaner times and new competitive threats.\nNow, with a new space age beckoning and aviation beginning to tentatively recover from the pandemic, the century-old company’s standing as the preeminent American aerospace champion is in question.\nBoeing's new chief executive officer, Dave Calhoun, has pledged to return the aviation titan to its roots as an engineering-centric company as he reboots its strategy for an era of loosened pandemic restrictions. There has been a step-up in hiring to offset the lost talent and address software shortfalls, but a spate of production defects in the crown-jewel 787 Dreamliner have overshadowed that initiative.\nBoeing CEO Dave Calhoun took the top job in January 2020 after predecessor Dennis Muilenburg was pushed out over the 737 Max debacle.Photographer: Christopher Goodney/Bloomberg\n“We wonder if Boeing is suffering from an engineering brain drain, as potentially too many senior engineers have left the company in recent years and recent hiring trends have not filled the gap,” cautioned Ron Epstein, an analyst with Bank of America, who was a Boeing scientist early in his career.\nThe manufacturer shielded its government-funded space and defense units from the payroll purge, and continued to hire through the worst of last year's downturn, including engineers. As the 737 Max was cleared to fly again and air travel rebounded in the U.S., the Chicago-based company pared its job-cut targets by at least 3,000 positions — targets that could narrow again as business conditions improve. It held a virtual career fair this month to recruit production and airplane systems engineers to its Seattle facilities.\n“Engineering excellence is core to Boeing’s culture,” a Boeing spokesman said in a statement. “Over the past two years, we have methodically strengthened our engineering function, including establishing a unified organization of 50,000 talented and accomplished engineers across our commercial, defense, and space portfolio.”\nStill, Boeing faces a years-long turnaround and intensified competition in its commercial jet business from arch-rival Airbus SE, which has built up a commanding sales lead. With aircraft sales snapping back faster than expected and pressure building to launch a new midrange jetliner, Boeing will soon find out: Did it cut too deeply?\nAs Boeing’s 737 Max was cleared to fly again and air travel rebounded in the U.S., the Chicago-based company pared its job-cut targets and stepped up hiring.Photographer: Scott Olson/Getty ImagesThe Pull of Competitors\nBoeing has lost scores of workers to younger businesses, such as Amazon.com Inc. and SpaceX, that are pushing technological advances at breakneck speed. About 1,100 Boeing alumni now work for the Seattle-based e-commerce giant, an analysis of LinkedIn data show, and at least 200 former Boeing workers are at Elon Musk’s space venture. Microsoft Corp., Northrop Grumman Corp. and Lockheed Martin Corp. are also popular landing spots.\nThose who join SpaceX and endure its grueling, 20-hour work days are often driven by idealism, said Aldrin. After all, Musk founded the company with the grandiose goal of establishing interplanetary travel that one day might save the human race.\nWith Amazon, the lure is often money. Boeing professionals in the Seattle area can potentially get a significant pay bump without uprooting their families by joining the online retailer, say two people familiar with the matter. No wonder: Amazon, like SpaceX, is a new-economy wunderkind.\nAmazon has been hiring Boeing workers with deep operations expertise for the side of its business where humans and robots toil together in giant warehouses. Walt Odisho, for example, had spearheaded efforts to make Boeing’s 737 factory more efficient. He retired from Boeing in March and joined Amazon weeks later as a vice president, according to his LinkedIn profile.\nAnother Boeing veteran, David Carbon, led that company’s South Carolina operations and introduced the largest 787 Dreamliner model to the world. These days, he’s overseeing the Amazon unit that’s creating a fleet of drones to whisk orders to shoppers.\nBoeing shifted all of its 787 manufacturing to South Carolina earlier this year.Photographer: Travis Dove/Bloomberg\nCarbon cheered when a former colleague, Bob Whittington, signed on as Prime Air’s vice president of technology and engineering in November. Whittington, who had been the chief engineer for the 787 program, was among the first wave of workers to depart Boeing last year as the pandemic decimated sales. He didn’t stay retired for long, joining Amazon months later, LinkedIn shows. “Bob is a legend in the aviation world,” Carbon gushed online of the 33-year Boeing veteran.\n“There are a lot of smart people who work here who could choose to make money doing something else. But they love airplanes,” Whittington said in a 2013 profile by a company magazine. “When an airplane flies over, they all look up.”\nNo fewer than 32 Boeing engineers have landed at Amazon’s Prime Air cargo drone service, most of them hired within the past two years. In fact, Amazon overtook Boeing as Washington's largest employer last year as its sales surged, state data show.\n\"There are a tremendous number of opportunities for aerospace, science, robotics, and engineering experts at Prime Air that involve cutting-edge innovations,” a spokesperson for the online retailer said in a statement. Amazon declined to make former Boeing executives available for an interview.\nAt a technology conference in Las Vegas in 2019, Amazon unveiled the MK27 version of its delivery drone.Photographer: Joe Buglewicz/Bloomberg\nThe competition for talent is heating up as the industry adjusts to a pandemic-altered world. Aerospace is heading into \"a major hiring phase,'' said Paul Smith, senior vice president of business development at PEAK Technical Staffing, a headhunting firm that specializes in engineering. “We're spending more time recruiting for engineering now than we have done previously in those marketplaces because they're really starting to want to steal people.”\nBoeing has notched some wins in the talent wars. In November, it created a new vice president role for Jinnah Hosein, a veteran of SpaceX, Tesla Inc., Google, and most recently Aurora, a self-driving vehicle company.\nSoftware design and coding errors have repeatedly led to performance shortfalls, like the faulty system that commanded the 737 Max to dive, KC-46 tanker's fueling glitches and delays to the 777X jet's debut. They also caused the Starliner capsule to miss a rendezvous with the International Space Station on its first flight in 2019. In his new role, Hosein charts strategy and leads a new centralized engineering unit that helps Boeing's three main divisions develop software embedded in the manufacturer's products.\nThe turmoil has also been something of a boon for those angling to join Boeing's top engineering ranks. The company has given 264 employees the sought-after designation of technical fellow this year, an honor that marks them as a top-caliber expert and often means a bump in pay. Some years only a dozen or so people make the grade. The planemaker lost 275 of those specialists in last year's exodus.\nTechnical Fellows\nAfter it lost a significant number of technical fellows last year, Boeing has repopulated its ranks of fellows by awarding that designation to more workers\nSource: Boeing\n“I had no qualms when I left Boeing this past December after 35-plus years with the company,'' said Todd Zarfos, a retired engineering vice president. “I considered our engineering talent pipeline very robust and something in which I and fellow leaders invested to ensure continuity with the next generation of leaders.''\nNot everyone shares his optimism. The turnover inevitably has meant the loss of some of the knowledge gained through decades of designing and building highly complicated jetliners.\n“I assume they think they have plans in place to ensure that knowledge isn’t lost,” said Ray Goforth, executive director of the union representing Boeing’s engineers. “I don’t have the same confidence.”\nBoeing still has a pipeline into the nation's top engineering schools, and the company's name on a resume can open doors. Even with its recent travails, the planemaker is among the 10 largest employers of 2021 Washington State University graduates. The number-one destination for this year's class: Amazon.\nBoeing’s Starliner launched on Dec. 20, 2019, and after failing to complete its mission to dock with the International Space Station, landed in New Mexico two days later.Photographer: Jonathan Newton/The Washington Post/Getty ImagesDone With Moon Shots\nBoeing’s talent predicament has been years in the making. The Boeing engineering union's membership peaked at 22,985 early last decade as the planemaker tackled 787 production snarls, while developing new models including the 737 Max. It has since tumbled by 38% as management shifted work to Florida and California. Back in 2014, while Musk’s SpaceX was setting its sights on Mars, Boeingfocused on cash after then-CEO Jim McNerney declared the company was done pursuing the once-in-a-generation “moon shots” that had long been its hallmark.\nThe planemaker ramped up production of its most-profitable jets at factories strained almost to the breaking point, resulting in record sales. The strategy worked until two 737 Max jets fell out of the sky within a five-month span. The fatal crashes, linked to flawed flight-control software, created a massive hole in Boeing’s revenue and a public-relations nightmare. The following year, the Covid-19 pandemic wiped out demand for the company's other cash-cow jet, the 787 Dreamliner.\nTurbulence\nWhile revenue in Boeing's second- and third-largest divisions has remained relatively stable, its commercial airplanes business has shrunk significantly\nSource: Company filings\nAll told, those two crises sapped $30 billion in cash and precipitated the largest internal upheaval since the Sept. 11, 2001, attacks roiled its jetliner business. The exodus in Seattle has included around 6,000 mechanics, according to their union, the International Association of Machinists and Aerospace Workers.\nThe Boeing 737 Max was grounded in March 2019 for 20 months after two deadly crashes in Indonesia and Ethiopia.Photographer: David Ryder/Getty Images North America\nWhile analysts warn about the impact of engineering departures, it is too early to know how they might affect Boeing’s long-term prospects, including its showdown with European rival Airbus. That company didn’t cut workers as deeply and is now working to speed output in its factories to exceed pre-pandemic levels. The France-based manufacturer holds about 50% more single-aisle jet orders compared to Boeing's backlog, giving it a rare opportunity to take command of the jetliner duopoly.\nWhile Boeing ramped up its share buybacks last decade, Airbus was outspending the U.S. manufacturer on research as a percentage of sales every year but one. Airbus shares are up about 117% over the last five years, compared to a 66% gain for Boeing.\nAircraft Research\nAirbus has been outspending Boeing on R&D as a percentage of sales\nSource: Company reports\nTough Decisions\nBoeing has cut deeply into its workforce over the years to survive industry shocks. It has often recalled workers and rehired retirees as consultants when the subsequent recovery left it short-handed.\n“That’s just the tendency, to lay off too many, too soon,” said Tom McCarty, a retired engineer and former president of the Society of Professional Engineering Employees in Aerospace, an engineers union.\nAerospace analyst Seth Seifman says the company is still in the “early-to-mid stages” of a transition under CEO Calhoun, who took the top job in January 2020 after predecessor Dennis Muilenburg was pushed out over the 737 Max debacle. Brian West, a long-time Calhoun lieutenant, is replacing the recently-retired Greg Smithas chief financial officerand key architect of Boeing's makeover.\nFamily members displayed photos of 737 Max crash victims as Dennis Muilenburg testified before the Senate on Oct. 29, 2019.Photographer: Tom Williams/CQ-Roll Call/Getty Images\nBoeing's talent exodus and production shortfalls, particularly with the 787, will be in focus when the manufacturer reports earnings on Wednesday. \"We continue to question how engineering excellence fits into Boeing's business transformation,'' Epstein, the Bank of America analyst, wrote in a July 21 report.\nCalhoun, a former GE executive who more recently ran Blackstone's private-equity portfolio, has vowed to get the basics right — core engineering, safety and manufacturing quality. He has made some tough decisions, including closing a Seattle-area manufacturing line for the 787 Dreamliner and shifting work to a non-unionized plant in South Carolina.\nAs the crisis worsened last year, Calhoun also jettisoned Boeing's futuristic forays. First to go was a midrange jet known as the NMA, followed by Boeing’s $4.2 billion takeover of Embraer SA. Boeing later shut down units that had dabbled in venture capital. It opted against propping upnow-defunct supersonic jet-maker Aerion Corp., after spending around $300 million for an equity stake, according to a person familiar with the matter.\nBut it wasn’t just tangential projects that fell to cost cuts. Boeing slashed its overall research and development spending 23% last year from a year earlier. For a company so heavily dependent on innovation, that was the equivalent of a farmer dining on the seed corn needed to plant next year’s crop, said Richard Aboulafia, an aerospace analyst with Teal Group.\nBoeing says it has poured more than $60 billion into research and development, capital expenditures and strategic investments such as digital engineering tools that helped move the T-7A military training jet from a design on a computer screen to first flight in 36 months. “These investments in our people and our products empower our teams to drive innovation, quality and performance as they work on challenging programs that change the world,” the company said.\nThe last time Boeing debuted an all-new jetliner was with the 787 Dreamliner nearly two decades ago.Photographer: Chris Ratcliffe/BloombergLure of Complicated Machines\nStarliner is set to dock at the space station for several days before returning to Earth with a landing in the western U.S. A drama-free voyage could help restore some of the swagger to a Boeing division that pioneered human spaceflight. For now, SpaceX continues to captivate the next generation of rocket scientists. Aldrin, who is the son of astronaut Buzz Aldrin, estimates that over half of the engineering students he teaches near Florida's Space Coast have their sights set on Musk's venture.\nThe talent Boeing has lost may come into sharper focus if the planemakermoves ahead with its first all-new jetlinersince the 787 Dreamliner debuted nearly two decades ago. The prospect of creating one of the most complicated machines on the planet was a reliable lure to engineers in the past.\nThen again, Boeing was sketching out concepts for this type of jetliner back in 2014, when McNerney backed away from moon shots. That was weeks after SpaceX first flew a rocket booster back from the edge of space to a soft, watery landing, redefining American industrial innovation and establishing itself as a glittery star in a constellation where the leading legacy player was starting to fade.","news_type":1},"isVote":1,"tweetType":1,"viewCount":384,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":800893606,"gmtCreate":1627289276705,"gmtModify":1703486840888,"author":{"id":"3581472743019515","authorId":"3581472743019515","authorIdStr":"3581472743019515","name":"sqsq123","avatar":"https://static.tigerbbs.com/785195472d548d1e809574255456222e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581472743019515"},"themes":[],"htmlText":"Cant wait!","listText":"Cant wait!","text":"Cant wait!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/800893606","repostId":"1100772026","repostType":4,"isVote":1,"tweetType":1,"viewCount":420,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187071286,"gmtCreate":1623732490645,"gmtModify":1704209880447,"author":{"id":"3581472743019515","authorId":"3581472743019515","authorIdStr":"3581472743019515","name":"sqsq123","avatar":"https://static.tigerbbs.com/785195472d548d1e809574255456222e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581472743019515"},"themes":[],"htmlText":"Like pls!!","listText":"Like pls!!","text":"Like pls!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/187071286","repostId":"1138219989","repostType":4,"repost":{"id":"1138219989","pubTimestamp":1623650085,"share":"https://ttm.financial/m/news/1138219989?lang=&edition=fundamental","pubTime":"2021-06-14 13:54","market":"us","language":"en","title":"What to Expect in This Week’s Federal Reserve Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=1138219989","media":"Barrons","summary":"As the Federal Open Market Committee holds its regular policy meeting this coming week, once again a","content":"<p>As the Federal Open Market Committee holds its regular policy meeting this coming week, once again analysts and investors should flip the Nixon-era cliché and watch what they say, not what they do. What everybody wants to know is whether the panel finally has gotten around to talking about talking about moving away from its ubereasy monetary policy.</p>\n<p>We all know that the FOMC won’t take any substantive steps in terms of its massive securities purchases, which are still running at $120 billion a month. As for its key federal-funds rate target, that’s stuck at 0% to 0.25% (although there’s an outside chance of technical tweaking of some other Fed-administered rates to address the billions in excess cash sloshing around in the money markets).</p>\n<p>We’ll be looking for what’s in the FOMC’s formal policy statement and the panel’s updated Summary of Economic Projections, which will include the amalgam of the committee members’ guesses on key economic gauges, such as gross domestic product, inflation, and unemployment. Most likely, when that is posted&nbsp;on the Fed’s website&nbsp;at 2 p.m. Eastern Daylight Time on Wednesday, most folks will probably head straight for the FOMC’s guesses on the fed-funds rate, and specifically when liftoff from near-zero is finally expected.</p>\n<p>The “dot plot”—or graph of the FOMC members’ consensus guesses—puts the first hike all the way out past 2023. That seems a very long-term forecast, and as John Maynard Keynes famously pointed out, in the long run we’re all dead. Some Fed watchers, such as J.P. Morgan’s chief U.S. economist, Michael Feroli, look for the dots to show a 2023 liftoff.</p>\n<p>The markets, however, already had been pricing in one or more fed-funds rate hikes by 2023. But concurrent with the previously discussed slide in longer-term bond yields, the interest-rate futures markets have effectively priced out one of those short-term rate increases. In addition, the derivatives market now sees the fed-funds rate peaking under 2%, some 0.4 of a percentage point lower than what it had priced in earlier this year, according to analysts for&nbsp;Natixis.</p>\n<p>Long before making any rate hikes, the Fed will begin to lessen its accommodation by slowing its current pace of securities purchases, which consist of $80 billion of Treasuries and $40 billion of agency mortgage-backed securities every month. The trillions that the Federal Reserve and other central banks have created have gone a long way to boost the values of assets, which rose by $5 trillion, to $136.9 trillion, in the first quarter, according to new Fed data released this past week. That includes a $3.2 trillion rise in the value of equities owned by households and a $968 billion rise in their real estate holdings.</p>\n<p>The key criterion for reduced Fed accommodation is whether the monetary authorities see “substantial further progress” toward reaching what they deem as maximum employment, probably a deliberately ambiguous standard.</p>\n<p>But the increase in payrolls appears to be constrained as much by the supply of labor as businesses’ desire to hire. The latest Job Openings and Labor Turnover Survey, or Jolts, showed&nbsp;a record 9.3 million unfilled openings&nbsp;in April. In addition, 384,000 people left their positions that month, bringing the total of voluntary job quitters to a record four million.</p>\n<p>Anecdotal evidence, including some in the Fed’s beige book summary of economic conditions prepared for the coming meeting, suggests that employers aren’t finding enough workers because of generous unemployment compensation. Unusual for a social science such as economics, there will be a real-time experiment to test this hypothesis as 25 states end the extra $300 weekly payment early.</p>\n<p>Jefferies economists Aneta Markowska and Thomas Simons write in a research note that these 25 states account for about a quarter of all the unemployed workers. Ending their extra jobless benefits could boost employment by roughly two million in the next few months, they estimate. Another growth spurt should follow in September and October after the extra unemployment insurance expires in the remaining states; schools reopen—providing free daycare for some would-be workers, especially women; and many office employees return to their desks, they add.</p>\n<p>At that point, the Fed might start talking about actually reducing its massive securities purchases. Given the “taper tantrum” thrown by the markets when the central bank slowed its bond buying in 2013, this Fed will want to disclose how, when, and how fast it plans to slow its pour into the punch bowl. That’s what we’ll be listening for this week.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What to Expect in This Week’s Federal Reserve Meeting</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat to Expect in This Week’s Federal Reserve Meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-14 13:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/what-to-expect-in-next-weeks-federal-reserve-meeting-51623457837?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As the Federal Open Market Committee holds its regular policy meeting this coming week, once again analysts and investors should flip the Nixon-era cliché and watch what they say, not what they do. ...</p>\n\n<a href=\"https://www.barrons.com/articles/what-to-expect-in-next-weeks-federal-reserve-meeting-51623457837?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.barrons.com/articles/what-to-expect-in-next-weeks-federal-reserve-meeting-51623457837?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138219989","content_text":"As the Federal Open Market Committee holds its regular policy meeting this coming week, once again analysts and investors should flip the Nixon-era cliché and watch what they say, not what they do. What everybody wants to know is whether the panel finally has gotten around to talking about talking about moving away from its ubereasy monetary policy.\nWe all know that the FOMC won’t take any substantive steps in terms of its massive securities purchases, which are still running at $120 billion a month. As for its key federal-funds rate target, that’s stuck at 0% to 0.25% (although there’s an outside chance of technical tweaking of some other Fed-administered rates to address the billions in excess cash sloshing around in the money markets).\nWe’ll be looking for what’s in the FOMC’s formal policy statement and the panel’s updated Summary of Economic Projections, which will include the amalgam of the committee members’ guesses on key economic gauges, such as gross domestic product, inflation, and unemployment. Most likely, when that is posted on the Fed’s website at 2 p.m. Eastern Daylight Time on Wednesday, most folks will probably head straight for the FOMC’s guesses on the fed-funds rate, and specifically when liftoff from near-zero is finally expected.\nThe “dot plot”—or graph of the FOMC members’ consensus guesses—puts the first hike all the way out past 2023. That seems a very long-term forecast, and as John Maynard Keynes famously pointed out, in the long run we’re all dead. Some Fed watchers, such as J.P. Morgan’s chief U.S. economist, Michael Feroli, look for the dots to show a 2023 liftoff.\nThe markets, however, already had been pricing in one or more fed-funds rate hikes by 2023. But concurrent with the previously discussed slide in longer-term bond yields, the interest-rate futures markets have effectively priced out one of those short-term rate increases. In addition, the derivatives market now sees the fed-funds rate peaking under 2%, some 0.4 of a percentage point lower than what it had priced in earlier this year, according to analysts for Natixis.\nLong before making any rate hikes, the Fed will begin to lessen its accommodation by slowing its current pace of securities purchases, which consist of $80 billion of Treasuries and $40 billion of agency mortgage-backed securities every month. The trillions that the Federal Reserve and other central banks have created have gone a long way to boost the values of assets, which rose by $5 trillion, to $136.9 trillion, in the first quarter, according to new Fed data released this past week. That includes a $3.2 trillion rise in the value of equities owned by households and a $968 billion rise in their real estate holdings.\nThe key criterion for reduced Fed accommodation is whether the monetary authorities see “substantial further progress” toward reaching what they deem as maximum employment, probably a deliberately ambiguous standard.\nBut the increase in payrolls appears to be constrained as much by the supply of labor as businesses’ desire to hire. The latest Job Openings and Labor Turnover Survey, or Jolts, showed a record 9.3 million unfilled openings in April. In addition, 384,000 people left their positions that month, bringing the total of voluntary job quitters to a record four million.\nAnecdotal evidence, including some in the Fed’s beige book summary of economic conditions prepared for the coming meeting, suggests that employers aren’t finding enough workers because of generous unemployment compensation. Unusual for a social science such as economics, there will be a real-time experiment to test this hypothesis as 25 states end the extra $300 weekly payment early.\nJefferies economists Aneta Markowska and Thomas Simons write in a research note that these 25 states account for about a quarter of all the unemployed workers. Ending their extra jobless benefits could boost employment by roughly two million in the next few months, they estimate. Another growth spurt should follow in September and October after the extra unemployment insurance expires in the remaining states; schools reopen—providing free daycare for some would-be workers, especially women; and many office employees return to their desks, they add.\nAt that point, the Fed might start talking about actually reducing its massive securities purchases. Given the “taper tantrum” thrown by the markets when the central bank slowed its bond buying in 2013, this Fed will want to disclose how, when, and how fast it plans to slow its pour into the punch bowl. That’s what we’ll be listening for this week.","news_type":1},"isVote":1,"tweetType":1,"viewCount":357,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372534107,"gmtCreate":1619226674109,"gmtModify":1704721487535,"author":{"id":"3581472743019515","authorId":"3581472743019515","authorIdStr":"3581472743019515","name":"sqsq123","avatar":"https://static.tigerbbs.com/785195472d548d1e809574255456222e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581472743019515"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/DIS\">$Walt Disney(DIS)$</a>yayyyy!!","listText":"<a href=\"https://laohu8.com/S/DIS\">$Walt Disney(DIS)$</a>yayyyy!!","text":"$Walt Disney(DIS)$yayyyy!!","images":[{"img":"https://static.tigerbbs.com/d7eb3d28527461ef72aed3d13f0961de","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372534107","isVote":1,"tweetType":1,"viewCount":269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":371407784,"gmtCreate":1618964243748,"gmtModify":1704717505367,"author":{"id":"3581472743019515","authorId":"3581472743019515","authorIdStr":"3581472743019515","name":"sqsq123","avatar":"https://static.tigerbbs.com/785195472d548d1e809574255456222e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581472743019515"},"themes":[],"htmlText":"Going downnn :(","listText":"Going downnn :(","text":"Going downnn :(","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/371407784","repostId":"1193623399","repostType":4,"isVote":1,"tweetType":1,"viewCount":667,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344126572,"gmtCreate":1618389312296,"gmtModify":1704710044594,"author":{"id":"3581472743019515","authorId":"3581472743019515","authorIdStr":"3581472743019515","name":"sqsq123","avatar":"https://static.tigerbbs.com/785195472d548d1e809574255456222e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581472743019515"},"themes":[],"htmlText":"Upup! Help like pls!","listText":"Upup! Help like pls!","text":"Upup! Help like pls!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/344126572","repostId":"1152817730","repostType":4,"repost":{"id":"1152817730","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":1618388219,"share":"https://ttm.financial/m/news/1152817730?lang=&edition=fundamental","pubTime":"2021-04-14 16:16","market":"us","language":"en","title":"GameStop stock was up more than 2% after dropping 26.36% amid 7-day losing streak through Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1152817730","media":"Tiger Newspress","summary":"(April 14) GameStop stock was up more than 2% in premarket trading, after dropping 26.36% amid 7-day","content":"<p>(April 14)&nbsp;GameStop stock was up more than 2%&nbsp;in&nbsp;premarket&nbsp;trading,&nbsp;after dropping 26.36% amid 7-day losing streak through Tuesday.</p><p><img src=\"https://static.tigerbbs.com/ea739bcba8bf9425bb426509e5f9ae99\" tg-width=\"659\" tg-height=\"564\" referrerpolicy=\"no-referrer\">GameStop&nbsp;issues&nbsp;an irrevocable notice of redemption to redeem $216.4M worth of senior notes with a 10.0% coupon rate.&nbsp;&nbsp;The voluntaryearly redemption covers the entire amount of the outstanding motes.</p><p>GameStop is using cash on hand for the early redemption.</p><p>Last week, GameStop filed&nbsp; to sell up to a maximum of 3.5M shares of its common stock from time to time through an \"at-the-market\" equity offering program. At the time, the company indicated the funds would be used for general corporate purposes and strengthening the balance sheet.</p><p>Analysts have largely been applauding many of the moves by GameStop management over the last several months amid the Reddit frenzy, although theaverage Wall Street price target is only $40.36 due to deep concerns over valuation.</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>GameStop stock was up more than 2% after dropping 26.36% amid 7-day losing streak through Tuesday</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\">\nGameStop stock was up more than 2% after dropping 26.36% amid 7-day losing streak through Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-14 16:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(April 14)&nbsp;GameStop stock was up more than 2%&nbsp;in&nbsp;premarket&nbsp;trading,&nbsp;after dropping 26.36% amid 7-day losing streak through Tuesday.</p><p><img src=\"https://static.tigerbbs.com/ea739bcba8bf9425bb426509e5f9ae99\" tg-width=\"659\" tg-height=\"564\" referrerpolicy=\"no-referrer\">GameStop&nbsp;issues&nbsp;an irrevocable notice of redemption to redeem $216.4M worth of senior notes with a 10.0% coupon rate.&nbsp;&nbsp;The voluntaryearly redemption covers the entire amount of the outstanding motes.</p><p>GameStop is using cash on hand for the early redemption.</p><p>Last week, GameStop filed&nbsp; to sell up to a maximum of 3.5M shares of its common stock from time to time through an \"at-the-market\" equity offering program. At the time, the company indicated the funds would be used for general corporate purposes and strengthening the balance sheet.</p><p>Analysts have largely been applauding many of the moves by GameStop management over the last several months amid the Reddit frenzy, although theaverage Wall Street price target is only $40.36 due to deep concerns over valuation.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152817730","content_text":"(April 14) GameStop stock was up more than 2% in premarket trading, after dropping 26.36% amid 7-day losing streak through Tuesday.GameStop issues an irrevocable notice of redemption to redeem $216.4M worth of senior notes with a 10.0% coupon rate.  The voluntaryearly redemption covers the entire amount of the outstanding motes.GameStop is using cash on hand for the early redemption.Last week, GameStop filed  to sell up to a maximum of 3.5M shares of its common stock from time to time through an \"at-the-market\" equity offering program. At the time, the company indicated the funds would be used for general corporate purposes and strengthening the balance sheet.Analysts have largely been applauding many of the moves by GameStop management over the last several months amid the Reddit frenzy, although theaverage Wall Street price target is only $40.36 due to deep concerns over valuation.","news_type":1},"isVote":1,"tweetType":1,"viewCount":438,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344123608,"gmtCreate":1618389131204,"gmtModify":1704710040869,"author":{"id":"3581472743019515","authorId":"3581472743019515","authorIdStr":"3581472743019515","name":"sqsq123","avatar":"https://static.tigerbbs.com/785195472d548d1e809574255456222e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581472743019515"},"themes":[],"htmlText":"Upup!","listText":"Upup!","text":"Upup!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/344123608","repostId":"1120508319","repostType":4,"repost":{"id":"1120508319","pubTimestamp":1618387670,"share":"https://ttm.financial/m/news/1120508319?lang=&edition=fundamental","pubTime":"2021-04-14 16:07","market":"us","language":"en","title":"Apple Stock Could Rise From Strength In This Key Segment","url":"https://stock-news.laohu8.com/highlight/detail?id=1120508319","media":"TheStreet","summary":"Industry-wide growth of over 30% in first quarter shipments, pricing power and market share gain. Th","content":"<p>Industry-wide growth of over 30% in first quarter shipments, pricing power and market share gain. This key product segment could impress investors in the earnings season and boost Apple stock.</p>\n<p>Third-party research data on calendar first quarter personal computing sales has started to pour in. Depending on who is asked,IDCorGartner, PC shipments have increased by an impressive 32% to 55% in the March period.</p>\n<p>Apple stock could benefit from what I believe will likely be outstanding Mac segment revenue growth that might reach 50% in fiscal second quarter, if not more.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8b822ed28699ac4889f20c09ed050e12\" tg-width=\"1208\" tg-height=\"598\"><span>Figure 1: MacBook Pro 13\"</span></p>\n<p><b>Industry-wide themes in PC</b></p>\n<p>At the personal computer industry level, the first three months of 2021 have benefitted primarily from dismal sales in the comparable 2020 quarter. Keep in mind that January through March of last year marked the initial stages of the COVID-19 crisis, and PC sales fell off a cliff at first.</p>\n<p>It is against a lowered bar that first quarter 2021 PC shipments have likely dazzled. To be fair, however, easy comps do not fully explain why recent sales have impressed. IDC’s research manager elaborates:</p>\n<blockquote>\n “Unfulfilled demand from the past year has carried forward into the first quarter and additional demand brought on by the pandemic has also continued to drive volume. [In addition, although not reflected in unit shipment numbers], the market continues to struggle with setbacks including component shortages and logistics issues, each of which has contributed to an increase in average selling prices.”\n</blockquote>\n<p>From the preliminary data provided by the research companies, here is what else we know about computer sales in Q1:</p>\n<ul>\n <li>Lenovo continues to lead the industry, with 24% to 25% of market share, followed closely by Windows-based peers HP and Dell;</li>\n <li>Despite holding the number 3 position in the market, Dell may have been the relative loser in first quarter device shipments;</li>\n <li>Apple remains a distant fourth-place player in the PC arena, although its market share seems to have increased by at least one percentage point to 8%.</li>\n</ul>\n<p><b>How Apple stock could benefit</b></p>\n<p>The Mac accounted for only 10% of Apple’s fiscal 2020 total revenues, and an even lower 8% during the more normalized 2019 period. Therefore, it is fair to say that PC sales probably do not carry as much weight in determining Apple stock price as does the iPhone, for example.</p>\n<p>However, the Mac may have performed extraordinarily well this time. In revenue growth terms, I believe that fiscal second period will likely be the best quarter for the segment in the past decade, at the very least. See graph below.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6ccacd426c33df7f30fe998d6e8fc224\" tg-width=\"880\" tg-height=\"492\"><span>Figure 2: Mac revenue growth since fiscal 2019.</span></p>\n<p>Should Mac growth reach my projection above, for example, I estimate that the segment alone could be responsible for about 6 percentage points of top-line increase to the entire company’s sales. This is the type of performance that might catch investors’ attention, and maybe nudge Apple shares higher.</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>Apple Stock Could Rise From Strength In This Key Segment</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Stock Could Rise From Strength In This Key Segment\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-14 16:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/other-products/apple-stock-could-rise-from-strength-in-this-key-segment><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Industry-wide growth of over 30% in first quarter shipments, pricing power and market share gain. This key product segment could impress investors in the earnings season and boost Apple stock.\nThird-...</p>\n\n<a href=\"https://www.thestreet.com/apple/other-products/apple-stock-could-rise-from-strength-in-this-key-segment\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/other-products/apple-stock-could-rise-from-strength-in-this-key-segment","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120508319","content_text":"Industry-wide growth of over 30% in first quarter shipments, pricing power and market share gain. This key product segment could impress investors in the earnings season and boost Apple stock.\nThird-party research data on calendar first quarter personal computing sales has started to pour in. Depending on who is asked,IDCorGartner, PC shipments have increased by an impressive 32% to 55% in the March period.\nApple stock could benefit from what I believe will likely be outstanding Mac segment revenue growth that might reach 50% in fiscal second quarter, if not more.\nFigure 1: MacBook Pro 13\"\nIndustry-wide themes in PC\nAt the personal computer industry level, the first three months of 2021 have benefitted primarily from dismal sales in the comparable 2020 quarter. Keep in mind that January through March of last year marked the initial stages of the COVID-19 crisis, and PC sales fell off a cliff at first.\nIt is against a lowered bar that first quarter 2021 PC shipments have likely dazzled. To be fair, however, easy comps do not fully explain why recent sales have impressed. IDC’s research manager elaborates:\n\n “Unfulfilled demand from the past year has carried forward into the first quarter and additional demand brought on by the pandemic has also continued to drive volume. [In addition, although not reflected in unit shipment numbers], the market continues to struggle with setbacks including component shortages and logistics issues, each of which has contributed to an increase in average selling prices.”\n\nFrom the preliminary data provided by the research companies, here is what else we know about computer sales in Q1:\n\nLenovo continues to lead the industry, with 24% to 25% of market share, followed closely by Windows-based peers HP and Dell;\nDespite holding the number 3 position in the market, Dell may have been the relative loser in first quarter device shipments;\nApple remains a distant fourth-place player in the PC arena, although its market share seems to have increased by at least one percentage point to 8%.\n\nHow Apple stock could benefit\nThe Mac accounted for only 10% of Apple’s fiscal 2020 total revenues, and an even lower 8% during the more normalized 2019 period. Therefore, it is fair to say that PC sales probably do not carry as much weight in determining Apple stock price as does the iPhone, for example.\nHowever, the Mac may have performed extraordinarily well this time. In revenue growth terms, I believe that fiscal second period will likely be the best quarter for the segment in the past decade, at the very least. See graph below.\nFigure 2: Mac revenue growth since fiscal 2019.\nShould Mac growth reach my projection above, for example, I estimate that the segment alone could be responsible for about 6 percentage points of top-line increase to the entire company’s sales. This is the type of performance that might catch investors’ attention, and maybe nudge Apple shares higher.","news_type":1},"isVote":1,"tweetType":1,"viewCount":445,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344129644,"gmtCreate":1618389073788,"gmtModify":1704710039417,"author":{"id":"3581472743019515","authorId":"3581472743019515","authorIdStr":"3581472743019515","name":"sqsq123","avatar":"https://static.tigerbbs.com/785195472d548d1e809574255456222e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581472743019515"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ES3.SI\">$STI ETF(ES3.SI)$</a>upup!","listText":"<a href=\"https://laohu8.com/S/ES3.SI\">$STI ETF(ES3.SI)$</a>upup!","text":"$STI ETF(ES3.SI)$upup!","images":[{"img":"https://static.tigerbbs.com/84eaf911489f00a87509991ca50ecd7a","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/344129644","isVote":1,"tweetType":1,"viewCount":375,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":344165448,"gmtCreate":1618388796284,"gmtModify":1704710033752,"author":{"id":"3581472743019515","authorId":"3581472743019515","authorIdStr":"3581472743019515","name":"sqsq123","avatar":"https://static.tigerbbs.com/785195472d548d1e809574255456222e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581472743019515"},"themes":[],"htmlText":"Crypto ftw!","listText":"Crypto ftw!","text":"Crypto ftw!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/344165448","repostId":"2127454000","repostType":4,"repost":{"id":"2127454000","pubTimestamp":1618364092,"share":"https://ttm.financial/m/news/2127454000?lang=&edition=fundamental","pubTime":"2021-04-14 09:34","market":"us","language":"en","title":"Coinbase IPO: Everything you need to know about the ‘watershed moment’ in crypto","url":"https://stock-news.laohu8.com/highlight/detail?id=2127454000","media":"MarketWatch","summary":"'That said, investing in Coinbase is not for the faint of heart, as the business--and the stock--wil","content":"<p>'That said, investing in Coinbase is not for the faint of heart, as the business--and the stock--will likely see dramatic, potentially protracted, swings,' MoffettNathanson's Ellis writes</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9a8244209cb653b4d9e43e2d729863b9\" tg-width=\"620\" tg-height=\"414\" referrerpolicy=\"no-referrer\"><span>Here comes the Coinbase IPO! Photographer: Tiffany Hagler-Geard/Bloomberg</span></p><p>Coinbase is the talk of Wall Street, as the largest crypto platform in the U.S. gears up for its public debut on a traditional exchange Wednesday, through a direct listing.</p><p>There is no doubt that the public offering of Coinbase is a big deal in the world of crypto. The company was created just over a decade ago with the genesis of bitcoin  and is now in the midst of a moment that many in the industry have described as a tipping point .</p><p>There are few ways to get direct ownership of crypto currencies, outside of buying them directly, a service that Coinbase provides for a fee, and what investors appear willing to be pay up for.</p><p>Leeor Shimron, analyst at FundStrat Global Advisors, described the Coinbase listing as seminal. \"Coinbase's direct listing is a watershed moment for the crypto industry.\"</p><p>Wedbush analyst Dan Ives said the listing is a reflection of the crypto's mainstream evolution.</p><p>\"Coinbase is a foundational piece of the crypto ecosystem and is a barometer for the growing mainstream adoption of Bitcoin and crypto for the coming years in our opinion,\" he wrote in a research note Tuesday.</p><p>Some caution that the implied valuations for Coinbase as a crypto exchange are too lofty , the parent company of the New York Stock Exchange.</p><p>In a direct listing, a company floats its shares on a stock exchange, but without hiring banks to underwrite the transaction, like in an IPO.</p><p>Here's what you need to know about the coming offering.</p><p><b>What is Coinbase?</b></p><p>The Silicon Valley crypto exchange was co-founded in 2012 by Brian Armstrong, 38, who runs the platform as chief executive. Fred Ehrsam, a Coinbase director, also helped to create the company.</p><p>According to Forbes , Armstrong's networth is currently $6.5 billion based on his ownership in the company and his wealth is likely to increase if the direct listing goes off successfully.</p><p><b>When will Coinbase go public?</b></p><p>Coinbase will list on April 14. The precise timing of the list isn't clear but <a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies Inc.</a>'s (PLTR)direct listing   after 1:30 p.m. Eastern Time.</p><p><b>Where will it list?</b></p><p>Coinbase is set to go public on the Nasdaq under the ticker symbol \"COIN\" as a direct listing, meaning it isn't raising any new money, as a company would under a traditional IPO.</p><p>Coinbase is the Nasdaq's first major direct listing, with Spotify <a href=\"https://laohu8.com/S/SPOT\">$(SPOT)$</a>, <a href=\"https://laohu8.com/S/WORK\">Slack Technologies</a> (WORK) and most recently Palantir Technologies (PLTR) all opting to directly list at the NYSE.</p><p><b>Valuations?</b></p><p>Valuations for Coinbase vary from $50 billion to $150 billion based on some decentralized crypto platforms that attempt to replicate how the company's shares might trade. At the top end of the spectrum, Coinbase would be bigger than a number of U.S. exchanges, including ICE, Nasdaq, CME Group <a href=\"https://laohu8.com/S/CME\">$(CME)$</a> and Cboe Global Markets <a href=\"https://laohu8.com/S/CBOE\">$(CBOE)$</a>.</p><p><img src=\"https://static.tigerbbs.com/d2200134a14a3d37a8a656d85f6906c0\" tg-width=\"955\" tg-height=\"657\" referrerpolicy=\"no-referrer\"></p><p>David Trainer, CEO of New Constructs, an investment research firm, said the crypto platform's value is ridiculously high. \"Even though Coinbase's revenue surged over the past 12 months, the company has little-to-no-chance of meeting the future profit expectations that are baked into its ridiculously high expected valuation of $100 billion,\" he said.</p><p>\"Coinbase's expected valuation of $100 billion implies that its revenue will be 1.5x the combined 2020 revenues of two of the most established exchanges in the marketplace, Nasdaq Inc. <a href=\"https://laohu8.com/S/NDAQ\">$(NDAQ)$</a> and Intercontinental Exchange <a href=\"https://laohu8.com/S/ICE\">$(ICE)$</a>, the parent company of the New York Stock Exchange,\" he said.</p><p>Trainer said that based on his calculation, Coinbase's valuation should be closer to $18.9 billion--an 81% decrease from the $100 billion expected valuation.</p><p><b>'Not for the faint of heart'</b></p><p>MoffettNathanson analyst Lisa Ellis explained to MarketWatch why the offering is, as she describes it \"not for the faint of heart,\" but why she initiated coverage of the exchange at a buy with a price-target of $600, even before it sees its first trade on the Nasdaq.</p><p>\"I'm super super bullish on Coinbase...because you get the sense that they are a market leader in the space and crypto agnostic,\" she said.</p><p>That said, she acknowledges that currently 90% of Coinbase's revenues are derived directly from retail trading, with most in the U.S. and trading centered primarily on the two largest cryptos: bitcoin and Ether  on the ethereum blockchain.</p><p>\"So the implications is that Coinbase's revenues are correlated with the level of activity in cryto currency and especially bitcoin and ether.\"</p><p>Ellis says investors need to have at least a one-year long-term investment strategy in bitcoin, which could still go to zero by some bearish accounts, but a three-year outlook is even better, because the crypto complex has tended to operate in three-year cycles of boom and then bust.</p><p><b>Validation for crypto or a top?</b></p><p>Some bulls see Coinbase as validation for the nascent crpyto industry.</p><p>Alex Mashinsky, head of crypto-lending and trading platform Celsius Network, put it this way:</p><p>\"We look at the Coinbase listing as an additional validation of the space, and a major PR opportunity for the entire industry to shine as the future of finance,\" he told MarketWatch via email.</p><p>\"Coinbase has more users and more revenues than many of the largest Wall Street players and is more profitable than any major exchange, and this validation puts most skeptics at a crossroads having to re-evaluate their denial and frustration with the disruption coming at them from all sides.\"</p><p>Others suggest that it may prove a new top for the market and put crypto prices under pressure after a precipitous rally in recent days and a fresh record for bitcoin.</p><p>Yves Lamoureux, the president of Montreal-based macroeconomic research firm Lamoureux &amp; Co., told MarketWatch that he is fearful that too much euphoria surrounds bitcoin and crypto and sees it due for a retrenchment as a result. \"Can you find out-there anyone with a bearish viewpoint?\" he asked. \"A resounding no,\" said Lamoureux.</p><p><b>Is Coinbase the largest crypto exchange?</b></p><p>Coinbase is the second-largest crypto platform, but the largest in the U.S., by volume. The title of largest goes to Binance, which sees $47 billion in crypto trading volume in a 24-hour period, according to CoinMarketCap.com .</p><p><b>Who else owns Coinbase?</b></p><p>Venture-capital firm Andreessen Horowitz, is the largest owner of Coinbase, boasting about 25% of Class A shares  and 14%% of Class B. And Marc Andreessen, head of the venture capital outfit, sits on Coinbase's board.</p><p><b>Other facts</b></p><p>For those aiming for an even deeper dive into Coinbase, check out MarketWatch's <a href=\"https://laohu8.com/NW/2116458171\" target=\"_blank\">5 things to know about the company</a>.</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>Coinbase IPO: Everything you need to know about the ‘watershed moment’ in crypto</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 IPO: Everything you need to know about the ‘watershed moment’ in crypto\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-14 09:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/coinbase-ipo-everything-you-need-to-know-about-the-watershed-moment-in-crypto-11618350086?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>'That said, investing in Coinbase is not for the faint of heart, as the business--and the stock--will likely see dramatic, potentially protracted, swings,' MoffettNathanson's Ellis writesHere comes ...</p>\n\n<a href=\"https://www.marketwatch.com/story/coinbase-ipo-everything-you-need-to-know-about-the-watershed-moment-in-crypto-11618350086?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://www.marketwatch.com/story/coinbase-ipo-everything-you-need-to-know-about-the-watershed-moment-in-crypto-11618350086?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2127454000","content_text":"'That said, investing in Coinbase is not for the faint of heart, as the business--and the stock--will likely see dramatic, potentially protracted, swings,' MoffettNathanson's Ellis writesHere comes the Coinbase IPO! Photographer: Tiffany Hagler-Geard/BloombergCoinbase is the talk of Wall Street, as the largest crypto platform in the U.S. gears up for its public debut on a traditional exchange Wednesday, through a direct listing.There is no doubt that the public offering of Coinbase is a big deal in the world of crypto. The company was created just over a decade ago with the genesis of bitcoin  and is now in the midst of a moment that many in the industry have described as a tipping point .There are few ways to get direct ownership of crypto currencies, outside of buying them directly, a service that Coinbase provides for a fee, and what investors appear willing to be pay up for.Leeor Shimron, analyst at FundStrat Global Advisors, described the Coinbase listing as seminal. \"Coinbase's direct listing is a watershed moment for the crypto industry.\"Wedbush analyst Dan Ives said the listing is a reflection of the crypto's mainstream evolution.\"Coinbase is a foundational piece of the crypto ecosystem and is a barometer for the growing mainstream adoption of Bitcoin and crypto for the coming years in our opinion,\" he wrote in a research note Tuesday.Some caution that the implied valuations for Coinbase as a crypto exchange are too lofty , the parent company of the New York Stock Exchange.In a direct listing, a company floats its shares on a stock exchange, but without hiring banks to underwrite the transaction, like in an IPO.Here's what you need to know about the coming offering.What is Coinbase?The Silicon Valley crypto exchange was co-founded in 2012 by Brian Armstrong, 38, who runs the platform as chief executive. Fred Ehrsam, a Coinbase director, also helped to create the company.According to Forbes , Armstrong's networth is currently $6.5 billion based on his ownership in the company and his wealth is likely to increase if the direct listing goes off successfully.When will Coinbase go public?Coinbase will list on April 14. The precise timing of the list isn't clear but Palantir Technologies Inc.'s (PLTR)direct listing   after 1:30 p.m. Eastern Time.Where will it list?Coinbase is set to go public on the Nasdaq under the ticker symbol \"COIN\" as a direct listing, meaning it isn't raising any new money, as a company would under a traditional IPO.Coinbase is the Nasdaq's first major direct listing, with Spotify $(SPOT)$, Slack Technologies (WORK) and most recently Palantir Technologies (PLTR) all opting to directly list at the NYSE.Valuations?Valuations for Coinbase vary from $50 billion to $150 billion based on some decentralized crypto platforms that attempt to replicate how the company's shares might trade. At the top end of the spectrum, Coinbase would be bigger than a number of U.S. exchanges, including ICE, Nasdaq, CME Group $(CME)$ and Cboe Global Markets $(CBOE)$.David Trainer, CEO of New Constructs, an investment research firm, said the crypto platform's value is ridiculously high. \"Even though Coinbase's revenue surged over the past 12 months, the company has little-to-no-chance of meeting the future profit expectations that are baked into its ridiculously high expected valuation of $100 billion,\" he said.\"Coinbase's expected valuation of $100 billion implies that its revenue will be 1.5x the combined 2020 revenues of two of the most established exchanges in the marketplace, Nasdaq Inc. $(NDAQ)$ and Intercontinental Exchange $(ICE)$, the parent company of the New York Stock Exchange,\" he said.Trainer said that based on his calculation, Coinbase's valuation should be closer to $18.9 billion--an 81% decrease from the $100 billion expected valuation.'Not for the faint of heart'MoffettNathanson analyst Lisa Ellis explained to MarketWatch why the offering is, as she describes it \"not for the faint of heart,\" but why she initiated coverage of the exchange at a buy with a price-target of $600, even before it sees its first trade on the Nasdaq.\"I'm super super bullish on Coinbase...because you get the sense that they are a market leader in the space and crypto agnostic,\" she said.That said, she acknowledges that currently 90% of Coinbase's revenues are derived directly from retail trading, with most in the U.S. and trading centered primarily on the two largest cryptos: bitcoin and Ether  on the ethereum blockchain.\"So the implications is that Coinbase's revenues are correlated with the level of activity in cryto currency and especially bitcoin and ether.\"Ellis says investors need to have at least a one-year long-term investment strategy in bitcoin, which could still go to zero by some bearish accounts, but a three-year outlook is even better, because the crypto complex has tended to operate in three-year cycles of boom and then bust.Validation for crypto or a top?Some bulls see Coinbase as validation for the nascent crpyto industry.Alex Mashinsky, head of crypto-lending and trading platform Celsius Network, put it this way:\"We look at the Coinbase listing as an additional validation of the space, and a major PR opportunity for the entire industry to shine as the future of finance,\" he told MarketWatch via email.\"Coinbase has more users and more revenues than many of the largest Wall Street players and is more profitable than any major exchange, and this validation puts most skeptics at a crossroads having to re-evaluate their denial and frustration with the disruption coming at them from all sides.\"Others suggest that it may prove a new top for the market and put crypto prices under pressure after a precipitous rally in recent days and a fresh record for bitcoin.Yves Lamoureux, the president of Montreal-based macroeconomic research firm Lamoureux & Co., told MarketWatch that he is fearful that too much euphoria surrounds bitcoin and crypto and sees it due for a retrenchment as a result. \"Can you find out-there anyone with a bearish viewpoint?\" he asked. \"A resounding no,\" said Lamoureux.Is Coinbase the largest crypto exchange?Coinbase is the second-largest crypto platform, but the largest in the U.S., by volume. The title of largest goes to Binance, which sees $47 billion in crypto trading volume in a 24-hour period, according to CoinMarketCap.com .Who else owns Coinbase?Venture-capital firm Andreessen Horowitz, is the largest owner of Coinbase, boasting about 25% of Class A shares  and 14%% of Class B. And Marc Andreessen, head of the venture capital outfit, sits on Coinbase's board.Other factsFor those aiming for an even deeper dive into Coinbase, check out MarketWatch's 5 things to know about the company.","news_type":1},"isVote":1,"tweetType":1,"viewCount":356,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344165955,"gmtCreate":1618388750377,"gmtModify":1704710032780,"author":{"id":"3581472743019515","authorId":"3581472743019515","authorIdStr":"3581472743019515","name":"sqsq123","avatar":"https://static.tigerbbs.com/785195472d548d1e809574255456222e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581472743019515"},"themes":[],"htmlText":"Crypto ftw!","listText":"Crypto ftw!","text":"Crypto ftw!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/344165955","repostId":"2127454000","repostType":4,"repost":{"id":"2127454000","pubTimestamp":1618364092,"share":"https://ttm.financial/m/news/2127454000?lang=&edition=fundamental","pubTime":"2021-04-14 09:34","market":"us","language":"en","title":"Coinbase IPO: Everything you need to know about the ‘watershed moment’ in crypto","url":"https://stock-news.laohu8.com/highlight/detail?id=2127454000","media":"MarketWatch","summary":"'That said, investing in Coinbase is not for the faint of heart, as the business--and the stock--wil","content":"<p>'That said, investing in Coinbase is not for the faint of heart, as the business--and the stock--will likely see dramatic, potentially protracted, swings,' MoffettNathanson's Ellis writes</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9a8244209cb653b4d9e43e2d729863b9\" tg-width=\"620\" tg-height=\"414\" referrerpolicy=\"no-referrer\"><span>Here comes the Coinbase IPO! Photographer: Tiffany Hagler-Geard/Bloomberg</span></p><p>Coinbase is the talk of Wall Street, as the largest crypto platform in the U.S. gears up for its public debut on a traditional exchange Wednesday, through a direct listing.</p><p>There is no doubt that the public offering of Coinbase is a big deal in the world of crypto. The company was created just over a decade ago with the genesis of bitcoin  and is now in the midst of a moment that many in the industry have described as a tipping point .</p><p>There are few ways to get direct ownership of crypto currencies, outside of buying them directly, a service that Coinbase provides for a fee, and what investors appear willing to be pay up for.</p><p>Leeor Shimron, analyst at FundStrat Global Advisors, described the Coinbase listing as seminal. \"Coinbase's direct listing is a watershed moment for the crypto industry.\"</p><p>Wedbush analyst Dan Ives said the listing is a reflection of the crypto's mainstream evolution.</p><p>\"Coinbase is a foundational piece of the crypto ecosystem and is a barometer for the growing mainstream adoption of Bitcoin and crypto for the coming years in our opinion,\" he wrote in a research note Tuesday.</p><p>Some caution that the implied valuations for Coinbase as a crypto exchange are too lofty , the parent company of the New York Stock Exchange.</p><p>In a direct listing, a company floats its shares on a stock exchange, but without hiring banks to underwrite the transaction, like in an IPO.</p><p>Here's what you need to know about the coming offering.</p><p><b>What is Coinbase?</b></p><p>The Silicon Valley crypto exchange was co-founded in 2012 by Brian Armstrong, 38, who runs the platform as chief executive. Fred Ehrsam, a Coinbase director, also helped to create the company.</p><p>According to Forbes , Armstrong's networth is currently $6.5 billion based on his ownership in the company and his wealth is likely to increase if the direct listing goes off successfully.</p><p><b>When will Coinbase go public?</b></p><p>Coinbase will list on April 14. The precise timing of the list isn't clear but <a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies Inc.</a>'s (PLTR)direct listing   after 1:30 p.m. Eastern Time.</p><p><b>Where will it list?</b></p><p>Coinbase is set to go public on the Nasdaq under the ticker symbol \"COIN\" as a direct listing, meaning it isn't raising any new money, as a company would under a traditional IPO.</p><p>Coinbase is the Nasdaq's first major direct listing, with Spotify <a href=\"https://laohu8.com/S/SPOT\">$(SPOT)$</a>, <a href=\"https://laohu8.com/S/WORK\">Slack Technologies</a> (WORK) and most recently Palantir Technologies (PLTR) all opting to directly list at the NYSE.</p><p><b>Valuations?</b></p><p>Valuations for Coinbase vary from $50 billion to $150 billion based on some decentralized crypto platforms that attempt to replicate how the company's shares might trade. At the top end of the spectrum, Coinbase would be bigger than a number of U.S. exchanges, including ICE, Nasdaq, CME Group <a href=\"https://laohu8.com/S/CME\">$(CME)$</a> and Cboe Global Markets <a href=\"https://laohu8.com/S/CBOE\">$(CBOE)$</a>.</p><p><img src=\"https://static.tigerbbs.com/d2200134a14a3d37a8a656d85f6906c0\" tg-width=\"955\" tg-height=\"657\" referrerpolicy=\"no-referrer\"></p><p>David Trainer, CEO of New Constructs, an investment research firm, said the crypto platform's value is ridiculously high. \"Even though Coinbase's revenue surged over the past 12 months, the company has little-to-no-chance of meeting the future profit expectations that are baked into its ridiculously high expected valuation of $100 billion,\" he said.</p><p>\"Coinbase's expected valuation of $100 billion implies that its revenue will be 1.5x the combined 2020 revenues of two of the most established exchanges in the marketplace, Nasdaq Inc. <a href=\"https://laohu8.com/S/NDAQ\">$(NDAQ)$</a> and Intercontinental Exchange <a href=\"https://laohu8.com/S/ICE\">$(ICE)$</a>, the parent company of the New York Stock Exchange,\" he said.</p><p>Trainer said that based on his calculation, Coinbase's valuation should be closer to $18.9 billion--an 81% decrease from the $100 billion expected valuation.</p><p><b>'Not for the faint of heart'</b></p><p>MoffettNathanson analyst Lisa Ellis explained to MarketWatch why the offering is, as she describes it \"not for the faint of heart,\" but why she initiated coverage of the exchange at a buy with a price-target of $600, even before it sees its first trade on the Nasdaq.</p><p>\"I'm super super bullish on Coinbase...because you get the sense that they are a market leader in the space and crypto agnostic,\" she said.</p><p>That said, she acknowledges that currently 90% of Coinbase's revenues are derived directly from retail trading, with most in the U.S. and trading centered primarily on the two largest cryptos: bitcoin and Ether  on the ethereum blockchain.</p><p>\"So the implications is that Coinbase's revenues are correlated with the level of activity in cryto currency and especially bitcoin and ether.\"</p><p>Ellis says investors need to have at least a one-year long-term investment strategy in bitcoin, which could still go to zero by some bearish accounts, but a three-year outlook is even better, because the crypto complex has tended to operate in three-year cycles of boom and then bust.</p><p><b>Validation for crypto or a top?</b></p><p>Some bulls see Coinbase as validation for the nascent crpyto industry.</p><p>Alex Mashinsky, head of crypto-lending and trading platform Celsius Network, put it this way:</p><p>\"We look at the Coinbase listing as an additional validation of the space, and a major PR opportunity for the entire industry to shine as the future of finance,\" he told MarketWatch via email.</p><p>\"Coinbase has more users and more revenues than many of the largest Wall Street players and is more profitable than any major exchange, and this validation puts most skeptics at a crossroads having to re-evaluate their denial and frustration with the disruption coming at them from all sides.\"</p><p>Others suggest that it may prove a new top for the market and put crypto prices under pressure after a precipitous rally in recent days and a fresh record for bitcoin.</p><p>Yves Lamoureux, the president of Montreal-based macroeconomic research firm Lamoureux &amp; Co., told MarketWatch that he is fearful that too much euphoria surrounds bitcoin and crypto and sees it due for a retrenchment as a result. \"Can you find out-there anyone with a bearish viewpoint?\" he asked. \"A resounding no,\" said Lamoureux.</p><p><b>Is Coinbase the largest crypto exchange?</b></p><p>Coinbase is the second-largest crypto platform, but the largest in the U.S., by volume. The title of largest goes to Binance, which sees $47 billion in crypto trading volume in a 24-hour period, according to CoinMarketCap.com .</p><p><b>Who else owns Coinbase?</b></p><p>Venture-capital firm Andreessen Horowitz, is the largest owner of Coinbase, boasting about 25% of Class A shares  and 14%% of Class B. And Marc Andreessen, head of the venture capital outfit, sits on Coinbase's board.</p><p><b>Other facts</b></p><p>For those aiming for an even deeper dive into Coinbase, check out MarketWatch's <a href=\"https://laohu8.com/NW/2116458171\" target=\"_blank\">5 things to know about the company</a>.</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>Coinbase IPO: Everything you need to know about the ‘watershed moment’ in crypto</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 IPO: Everything you need to know about the ‘watershed moment’ in crypto\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-14 09:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/coinbase-ipo-everything-you-need-to-know-about-the-watershed-moment-in-crypto-11618350086?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>'That said, investing in Coinbase is not for the faint of heart, as the business--and the stock--will likely see dramatic, potentially protracted, swings,' MoffettNathanson's Ellis writesHere comes ...</p>\n\n<a href=\"https://www.marketwatch.com/story/coinbase-ipo-everything-you-need-to-know-about-the-watershed-moment-in-crypto-11618350086?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://www.marketwatch.com/story/coinbase-ipo-everything-you-need-to-know-about-the-watershed-moment-in-crypto-11618350086?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2127454000","content_text":"'That said, investing in Coinbase is not for the faint of heart, as the business--and the stock--will likely see dramatic, potentially protracted, swings,' MoffettNathanson's Ellis writesHere comes the Coinbase IPO! Photographer: Tiffany Hagler-Geard/BloombergCoinbase is the talk of Wall Street, as the largest crypto platform in the U.S. gears up for its public debut on a traditional exchange Wednesday, through a direct listing.There is no doubt that the public offering of Coinbase is a big deal in the world of crypto. The company was created just over a decade ago with the genesis of bitcoin  and is now in the midst of a moment that many in the industry have described as a tipping point .There are few ways to get direct ownership of crypto currencies, outside of buying them directly, a service that Coinbase provides for a fee, and what investors appear willing to be pay up for.Leeor Shimron, analyst at FundStrat Global Advisors, described the Coinbase listing as seminal. \"Coinbase's direct listing is a watershed moment for the crypto industry.\"Wedbush analyst Dan Ives said the listing is a reflection of the crypto's mainstream evolution.\"Coinbase is a foundational piece of the crypto ecosystem and is a barometer for the growing mainstream adoption of Bitcoin and crypto for the coming years in our opinion,\" he wrote in a research note Tuesday.Some caution that the implied valuations for Coinbase as a crypto exchange are too lofty , the parent company of the New York Stock Exchange.In a direct listing, a company floats its shares on a stock exchange, but without hiring banks to underwrite the transaction, like in an IPO.Here's what you need to know about the coming offering.What is Coinbase?The Silicon Valley crypto exchange was co-founded in 2012 by Brian Armstrong, 38, who runs the platform as chief executive. Fred Ehrsam, a Coinbase director, also helped to create the company.According to Forbes , Armstrong's networth is currently $6.5 billion based on his ownership in the company and his wealth is likely to increase if the direct listing goes off successfully.When will Coinbase go public?Coinbase will list on April 14. The precise timing of the list isn't clear but Palantir Technologies Inc.'s (PLTR)direct listing   after 1:30 p.m. Eastern Time.Where will it list?Coinbase is set to go public on the Nasdaq under the ticker symbol \"COIN\" as a direct listing, meaning it isn't raising any new money, as a company would under a traditional IPO.Coinbase is the Nasdaq's first major direct listing, with Spotify $(SPOT)$, Slack Technologies (WORK) and most recently Palantir Technologies (PLTR) all opting to directly list at the NYSE.Valuations?Valuations for Coinbase vary from $50 billion to $150 billion based on some decentralized crypto platforms that attempt to replicate how the company's shares might trade. At the top end of the spectrum, Coinbase would be bigger than a number of U.S. exchanges, including ICE, Nasdaq, CME Group $(CME)$ and Cboe Global Markets $(CBOE)$.David Trainer, CEO of New Constructs, an investment research firm, said the crypto platform's value is ridiculously high. \"Even though Coinbase's revenue surged over the past 12 months, the company has little-to-no-chance of meeting the future profit expectations that are baked into its ridiculously high expected valuation of $100 billion,\" he said.\"Coinbase's expected valuation of $100 billion implies that its revenue will be 1.5x the combined 2020 revenues of two of the most established exchanges in the marketplace, Nasdaq Inc. $(NDAQ)$ and Intercontinental Exchange $(ICE)$, the parent company of the New York Stock Exchange,\" he said.Trainer said that based on his calculation, Coinbase's valuation should be closer to $18.9 billion--an 81% decrease from the $100 billion expected valuation.'Not for the faint of heart'MoffettNathanson analyst Lisa Ellis explained to MarketWatch why the offering is, as she describes it \"not for the faint of heart,\" but why she initiated coverage of the exchange at a buy with a price-target of $600, even before it sees its first trade on the Nasdaq.\"I'm super super bullish on Coinbase...because you get the sense that they are a market leader in the space and crypto agnostic,\" she said.That said, she acknowledges that currently 90% of Coinbase's revenues are derived directly from retail trading, with most in the U.S. and trading centered primarily on the two largest cryptos: bitcoin and Ether  on the ethereum blockchain.\"So the implications is that Coinbase's revenues are correlated with the level of activity in cryto currency and especially bitcoin and ether.\"Ellis says investors need to have at least a one-year long-term investment strategy in bitcoin, which could still go to zero by some bearish accounts, but a three-year outlook is even better, because the crypto complex has tended to operate in three-year cycles of boom and then bust.Validation for crypto or a top?Some bulls see Coinbase as validation for the nascent crpyto industry.Alex Mashinsky, head of crypto-lending and trading platform Celsius Network, put it this way:\"We look at the Coinbase listing as an additional validation of the space, and a major PR opportunity for the entire industry to shine as the future of finance,\" he told MarketWatch via email.\"Coinbase has more users and more revenues than many of the largest Wall Street players and is more profitable than any major exchange, and this validation puts most skeptics at a crossroads having to re-evaluate their denial and frustration with the disruption coming at them from all sides.\"Others suggest that it may prove a new top for the market and put crypto prices under pressure after a precipitous rally in recent days and a fresh record for bitcoin.Yves Lamoureux, the president of Montreal-based macroeconomic research firm Lamoureux & Co., told MarketWatch that he is fearful that too much euphoria surrounds bitcoin and crypto and sees it due for a retrenchment as a result. \"Can you find out-there anyone with a bearish viewpoint?\" he asked. \"A resounding no,\" said Lamoureux.Is Coinbase the largest crypto exchange?Coinbase is the second-largest crypto platform, but the largest in the U.S., by volume. The title of largest goes to Binance, which sees $47 billion in crypto trading volume in a 24-hour period, according to CoinMarketCap.com .Who else owns Coinbase?Venture-capital firm Andreessen Horowitz, is the largest owner of Coinbase, boasting about 25% of Class A shares  and 14%% of Class B. And Marc Andreessen, head of the venture capital outfit, sits on Coinbase's board.Other factsFor those aiming for an even deeper dive into Coinbase, check out MarketWatch's 5 things to know about the company.","news_type":1},"isVote":1,"tweetType":1,"viewCount":480,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":806239800,"gmtCreate":1627656689000,"gmtModify":1703494303308,"author":{"id":"3581472743019515","authorId":"3581472743019515","authorIdStr":"3581472743019515","name":"sqsq123","avatar":"https://static.tigerbbs.com/785195472d548d1e809574255456222e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581472743019515"},"themes":[],"htmlText":"Time to buy!","listText":"Time to buy!","text":"Time to buy!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/806239800","repostId":"1148228381","repostType":4,"isVote":1,"tweetType":1,"viewCount":601,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808783555,"gmtCreate":1627610520177,"gmtModify":1703493311721,"author":{"id":"3581472743019515","authorId":"3581472743019515","authorIdStr":"3581472743019515","name":"sqsq123","avatar":"https://static.tigerbbs.com/785195472d548d1e809574255456222e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581472743019515"},"themes":[],"htmlText":"Buy the drop!","listText":"Buy the drop!","text":"Buy the drop!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/808783555","repostId":"1105519179","repostType":4,"repost":{"id":"1105519179","pubTimestamp":1627599998,"share":"https://ttm.financial/m/news/1105519179?lang=&edition=fundamental","pubTime":"2021-07-30 07:06","market":"us","language":"en","title":"Amazon sales growth slows in tame start to Jassy's tenure as CEO","url":"https://stock-news.laohu8.com/highlight/detail?id=1105519179","media":"Reuters","summary":" -Amazon.com Inc on Thursday said sales growth would decelerate in the third quarter as customers leave their homes more, a slow start to the reign of CEO Andy Jassy after 27 years with Jeff Bezos at the retailer’s helm.A year into the throes of the COVID-19 pandemic, Amazon’s financial luster is fading slightly. When brick-and-mortar stores closed, Amazon posted record profits, drew more than 200 million Prime loyalty subscribers, and recruited over 500,000 workers to keep up with surging deman","content":"<p>(Reuters) -Amazon.com Inc on Thursday said sales growth would decelerate in the third quarter as customers leave their homes more, a slow start to the reign of CEO Andy Jassy after 27 years with Jeff Bezos at the retailer’s helm.</p>\n<p>Shares fell 7% in after-hours trade.</p>\n<p>A year into the throes of the COVID-19 pandemic, Amazon’s financial luster is fading slightly. When brick-and-mortar stores closed, Amazon posted record profits, drew more than 200 million Prime loyalty subscribers, and recruited over 500,000 workers to keep up with surging demand.</p>\n<p>Now, the company is facing the tough task of climbing higher still. While revenue grew 44% in the first quarter of this year, that figure dropped to 27% for the period ended June 30. Sales may only grow as much as 16% in the third quarter, Amazon said.</p>\n<p>Brian Olsavsky, Amazon’s chief financial officer, attributed this to a difficult comparison to last year, when consumers stayed more indoors and relied on e-commerce for their everyday needs. In the United States and Europe, customers are now out and about.</p>\n<p>They are “doing other things besides shopping,” he said.</p>\n<p>Amazon expects this lower growth to continue for the next few quarters, Olsavsky told reporters.</p>\n<p>The outlook comes just after Jassy inherited Amazon’s top job on July 5, which has never been bigger or more complex. Last quarter Amazon announced a deal to buy the film studio MGM for $8.5 billion, expanding in Hollywood at the same time as it is running a grocery chain, building a healthcare business and facing scrutiny from regulators worldwide.</p>\n<p>Olsavsky said the company hopes COVID-19 will subside and that the economy will continue to bounce back, but it will require masks for vaccinated staff if that becomes necessary.</p>\n<p>While other tech companies this week such as Alphabet Inc and Facebook Inc announced they will require vaccines for workers returning to their offices, Amazon has yet to announce a vaccine requirement for employees in its offices -- or warehouse workers and drivers.</p>\n<p>Amazon has grappled with workplace tumult in recent months, including staff protests over pandemic safety precautions and a high-profile, failed unionization bid in a facility in Bessemer, Alabama.</p>\n<p>Brian Yarbrough, an analyst with Edward Jones, said it was “not feasible” for Amazon to maintain its growth.</p>\n<p>“No doubt, online retail will probably slow down to that growth somewhere in the 10%-12% range. It’s still phenomenal growth when you think of the sheer size of the business,” he said. “Obviously the pandemic helped them, but they’re not going to be able to grow that rapidly on top of those numbers.”</p>\n<p>LABOR SHORTAGE</p>\n<p>Revenue was $113 billion for the second quarter, shy of analysts’ average estimate of $115 billion.</p>\n<p>The world’s biggest online retailer had moved its annual marketing blitz, Prime Day, to June this year, hoping to peddle more goods before shoppers left town on summer vacations. While it said the event was the biggest two-day sales period ever for merchants on its platform, analysts have witnessed signs of slowing demand.</p>\n<p>North America, Amazon’s largest market, saw sales increase only 22% in the second quarter, versus 43% in the same period a year earlier.</p>\n<p>Amazon Web Services was a bright spot, however. The cloud computing division that Jassy formerly ran grew revenue 37% to $14.8 billion, ahead of estimates of more than $14.1 billion. Among the deals it inked in the just-ended quarter was an agreement with Canada’s BMO Financial Group.</p>\n<p>Profit rose 48% to $7.8 billion, the second-largest quarterly result Amazon ever announced.</p>\n<p>Still, enormous challenges come with Amazon’s size.</p>\n<p>Costs continue to rise, not just from the $200 million in extra stock Amazon plans to pay Jassy over the next 10 years. The company has offered an average $17 in hourly wages - more than double the U.S. minimum - plus signing bonuses to attract 75,000 workers during a labor shortage.</p>\n<p>It has said it planned to hike pay for over half a million employees, costing more than $1 billion, and like other companies, it is facing clogged ports and other disruptions to the transportation supply chain.</p>\n<p>The No.2 U.S. employer this winter became a rallying point for organized labor, which wanted to form Amazon’s first U.S. union and inspire similar efforts across the country. Amazon is awaiting a decision on whether a U.S. National Labor Board director will overturn its landslide victory in the Bessemer, Alabama union election and call for a rerun.</p>\n<p>Following the April vote count, Bezos said he aimed to make Amazon a better place to work. It is unclear how he will govern from the sidelines in the role of executive chair of Amazon’s board.</p>\n<p>Amazon said it expects operating income for the current quarter to be between $2.5 billion and $6.0 billion, which assumes $1 billion in costs related to COVID-19.</p>","source":"lsy1601381805984","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>Amazon sales growth slows in tame start to Jassy's tenure as CEO</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\">\nAmazon sales growth slows in tame start to Jassy's tenure as CEO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-30 07:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/amazoncom-results/update-4-amazon-sales-growth-slows-in-tame-start-to-jassys-tenure-as-ceo-idUSL4N2P53XQ><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) -Amazon.com Inc on Thursday said sales growth would decelerate in the third quarter as customers leave their homes more, a slow start to the reign of CEO Andy Jassy after 27 years with Jeff ...</p>\n\n<a href=\"https://www.reuters.com/article/amazoncom-results/update-4-amazon-sales-growth-slows-in-tame-start-to-jassys-tenure-as-ceo-idUSL4N2P53XQ\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.reuters.com/article/amazoncom-results/update-4-amazon-sales-growth-slows-in-tame-start-to-jassys-tenure-as-ceo-idUSL4N2P53XQ","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105519179","content_text":"(Reuters) -Amazon.com Inc on Thursday said sales growth would decelerate in the third quarter as customers leave their homes more, a slow start to the reign of CEO Andy Jassy after 27 years with Jeff Bezos at the retailer’s helm.\nShares fell 7% in after-hours trade.\nA year into the throes of the COVID-19 pandemic, Amazon’s financial luster is fading slightly. When brick-and-mortar stores closed, Amazon posted record profits, drew more than 200 million Prime loyalty subscribers, and recruited over 500,000 workers to keep up with surging demand.\nNow, the company is facing the tough task of climbing higher still. While revenue grew 44% in the first quarter of this year, that figure dropped to 27% for the period ended June 30. Sales may only grow as much as 16% in the third quarter, Amazon said.\nBrian Olsavsky, Amazon’s chief financial officer, attributed this to a difficult comparison to last year, when consumers stayed more indoors and relied on e-commerce for their everyday needs. In the United States and Europe, customers are now out and about.\nThey are “doing other things besides shopping,” he said.\nAmazon expects this lower growth to continue for the next few quarters, Olsavsky told reporters.\nThe outlook comes just after Jassy inherited Amazon’s top job on July 5, which has never been bigger or more complex. Last quarter Amazon announced a deal to buy the film studio MGM for $8.5 billion, expanding in Hollywood at the same time as it is running a grocery chain, building a healthcare business and facing scrutiny from regulators worldwide.\nOlsavsky said the company hopes COVID-19 will subside and that the economy will continue to bounce back, but it will require masks for vaccinated staff if that becomes necessary.\nWhile other tech companies this week such as Alphabet Inc and Facebook Inc announced they will require vaccines for workers returning to their offices, Amazon has yet to announce a vaccine requirement for employees in its offices -- or warehouse workers and drivers.\nAmazon has grappled with workplace tumult in recent months, including staff protests over pandemic safety precautions and a high-profile, failed unionization bid in a facility in Bessemer, Alabama.\nBrian Yarbrough, an analyst with Edward Jones, said it was “not feasible” for Amazon to maintain its growth.\n“No doubt, online retail will probably slow down to that growth somewhere in the 10%-12% range. It’s still phenomenal growth when you think of the sheer size of the business,” he said. “Obviously the pandemic helped them, but they’re not going to be able to grow that rapidly on top of those numbers.”\nLABOR SHORTAGE\nRevenue was $113 billion for the second quarter, shy of analysts’ average estimate of $115 billion.\nThe world’s biggest online retailer had moved its annual marketing blitz, Prime Day, to June this year, hoping to peddle more goods before shoppers left town on summer vacations. While it said the event was the biggest two-day sales period ever for merchants on its platform, analysts have witnessed signs of slowing demand.\nNorth America, Amazon’s largest market, saw sales increase only 22% in the second quarter, versus 43% in the same period a year earlier.\nAmazon Web Services was a bright spot, however. The cloud computing division that Jassy formerly ran grew revenue 37% to $14.8 billion, ahead of estimates of more than $14.1 billion. Among the deals it inked in the just-ended quarter was an agreement with Canada’s BMO Financial Group.\nProfit rose 48% to $7.8 billion, the second-largest quarterly result Amazon ever announced.\nStill, enormous challenges come with Amazon’s size.\nCosts continue to rise, not just from the $200 million in extra stock Amazon plans to pay Jassy over the next 10 years. The company has offered an average $17 in hourly wages - more than double the U.S. minimum - plus signing bonuses to attract 75,000 workers during a labor shortage.\nIt has said it planned to hike pay for over half a million employees, costing more than $1 billion, and like other companies, it is facing clogged ports and other disruptions to the transportation supply chain.\nThe No.2 U.S. employer this winter became a rallying point for organized labor, which wanted to form Amazon’s first U.S. union and inspire similar efforts across the country. Amazon is awaiting a decision on whether a U.S. National Labor Board director will overturn its landslide victory in the Bessemer, Alabama union election and call for a rerun.\nFollowing the April vote count, Bezos said he aimed to make Amazon a better place to work. It is unclear how he will govern from the sidelines in the role of executive chair of Amazon’s board.\nAmazon said it expects operating income for the current quarter to be between $2.5 billion and $6.0 billion, which assumes $1 billion in costs related to COVID-19.","news_type":1},"isVote":1,"tweetType":1,"viewCount":601,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809139302,"gmtCreate":1627351412306,"gmtModify":1703488144049,"author":{"id":"3581472743019515","authorId":"3581472743019515","authorIdStr":"3581472743019515","name":"sqsq123","avatar":"https://static.tigerbbs.com/785195472d548d1e809574255456222e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581472743019515"},"themes":[],"htmlText":"Oh noooo","listText":"Oh noooo","text":"Oh noooo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/809139302","repostId":"1169428988","repostType":4,"repost":{"id":"1169428988","pubTimestamp":1627350433,"share":"https://ttm.financial/m/news/1169428988?lang=&edition=fundamental","pubTime":"2021-07-27 09:47","market":"us","language":"en","title":"Boeing’s Turnaround After 737 Max Crisis Threatened by Talent Exodus","url":"https://stock-news.laohu8.com/highlight/detail?id=1169428988","media":"Bloomberg","summary":"Boeing Co. will put its battered engineering reputation on the line again this week when its Starlin","content":"<p>Boeing Co. will put its battered engineering reputation on the line again this week&nbsp;when its Starliner spacecraft blasts off from Florida with a load of supplies for the International Space Station.</p>\n<p>The mission is a do-over of a 2019 trip that almost ended in calamity, and a dress rehearsal for the Boeing capsule's first flight with astronauts later this year. If successful, it would narrow the gap with an ascendant rival, SpaceX, and answer the latest space-faring feats by the billionaire founders ofBlue Origin&nbsp;andVirgin Galactic.</p>\n<p>A tour de force by Starliner might also help distract from a potential problem Boeing is facing back on earth: An exodus of some of the company's most experienced engineers that threatens its rebound from a bruising run that includes the grounding of its 737 Max jets after two fatal crashes and the plunge in global air travel amid the spread of Covid-19.</p>\n<p>“It’s hard to overestimate the significance of it,” said Andrew Aldrin, director of the Aldrin Space Institute at the Florida Institute of Technology.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/884a2a76e75ea921dbb6255190f738a8\" tg-width=\"1000\" tg-height=\"750\" referrerpolicy=\"no-referrer\"><span>The CST-100 Starliner spacecraft rolls out from Boeing’s Commercial Cargo and Processing Facility in the pre-dawn hours at the Kennedy Space Center in Florida on July 17.Photographer: Gregg Newton/AFP/Getty Images</span></p>\n<p>More than 3,200&nbsp;engineers and technical workers have left the company’s Seattle airplane manufacturing hub since the start of last year,&nbsp;about 18% of the union that represents them, with only a scant number added behind. In all, Boeing is aiming to cut&nbsp;23,000 employees —&nbsp;from its executive committee to the factory floor — through layoffs,buyoutsand retirement&nbsp;initiatives it launched last year as it racked up record financial losses.</p>\n<p>The engineers departed an employer that had&nbsp;shifted away from the bet-the-company ethos that gave the world the 747 jumbo jet and the Apollo era's Saturn rocket. Over the past decade, cost-obsessed Boeing executives wowed Wall Street by plowing more than $40 billion into share buybacks.The strategy made Boeing the best performer in the Dow Jones Industrial Average for a span, but left the manufacturer ill-prepared for leaner times and new competitive threats.</p>\n<p>Now, with a new space age beckoning and aviation beginning to tentatively recover from the&nbsp;pandemic, the century-old company’s standing as the preeminent American aerospace champion is in question.</p>\n<p>Boeing's new chief executive officer, Dave Calhoun, has pledged to return the aviation titan to its roots as an engineering-centric company as he reboots its strategy for an era of loosened pandemic restrictions. There&nbsp;has been a step-up in hiring to offset the lost talent and address software shortfalls, but a spate of production defects in the crown-jewel 787 Dreamliner have overshadowed that initiative.</p>\n<p><img src=\"https://static.tigerbbs.com/1592740d60423698208be1dbfdb734d5\" tg-width=\"1000\" tg-height=\"667\" referrerpolicy=\"no-referrer\">Boeing CEO Dave Calhoun&nbsp;took the top job in January 2020&nbsp;after predecessor Dennis Muilenburg was pushed out over the 737 Max debacle.Photographer: Christopher Goodney/Bloomberg</p>\n<p>“We wonder if Boeing is suffering from an engineering brain drain, as potentially too many senior engineers have left the company in recent years and recent hiring trends have not filled the gap,” cautioned Ron Epstein, an analyst with Bank of America, who was a Boeing scientist early in his career.</p>\n<p>The manufacturer shielded its government-funded space and defense units from the payroll purge,&nbsp;and continued to hire through the worst of last year's downturn, including engineers. As the 737 Max was cleared to fly again and air travel rebounded in the U.S., the Chicago-based company pared its job-cut targets by at least 3,000 positions — targets that could narrow again as business conditions improve. It held a virtual career fair this month to recruit production and airplane systems engineers to its Seattle facilities.</p>\n<p>“Engineering excellence is core to Boeing’s culture,”&nbsp;a Boeing spokesman said in a statement. “Over the past two years, we have methodically strengthened our engineering function, including establishing a unified organization of 50,000 talented and accomplished engineers across our commercial, defense, and space portfolio.”</p>\n<p>Still, Boeing faces a years-long turnaround and intensified competition in its commercial jet business from arch-rival Airbus SE, which has built up a commanding sales lead. With aircraft sales snapping back faster than expected and pressure building to launch a new midrange jetliner, Boeing will soon find out: Did it cut too deeply?</p>\n<p><img src=\"https://static.tigerbbs.com/718fc9fa26da0723e329097e47ab7a40\" tg-width=\"2000\" tg-height=\"1333\" referrerpolicy=\"no-referrer\">As Boeing’s&nbsp;737 Max was cleared to fly again and air travel rebounded in the U.S., the Chicago-based company pared its job-cut targets and stepped up hiring.Photographer: Scott Olson/Getty ImagesThe Pull of Competitors</p>\n<p>Boeing has lost scores of workers to younger businesses,&nbsp;such as Amazon.com Inc. and SpaceX,&nbsp;that are pushing technological advances at breakneck speed. About 1,100 Boeing alumni now work for the Seattle-based e-commerce giant, an analysis of LinkedIn data show, and at least 200&nbsp;former Boeing workers are at Elon Musk’s space venture. Microsoft Corp., Northrop Grumman Corp. and Lockheed Martin Corp. are also popular landing spots.</p>\n<p>Those who join SpaceX and endure its grueling, 20-hour work days are often driven by idealism, said Aldrin. After all, Musk founded the company with the&nbsp;grandiose goal of establishing interplanetary travel that one day might save the human race.</p>\n<p>With Amazon, the lure is often money. Boeing professionals in the Seattle area can potentially get a significant pay bump without uprooting their families by joining the online retailer, say two people familiar with the matter.&nbsp;No wonder: Amazon, like SpaceX, is a&nbsp;new-economy wunderkind.</p>\n<p>Amazon has been hiring Boeing workers with deep operations expertise for the side of its business&nbsp;where humans and robots toil together in giant warehouses. Walt Odisho, for example, had spearheaded efforts to make Boeing’s 737 factory more efficient. He retired from Boeing in March and joined Amazon weeks later as a vice president, according to his LinkedIn profile.</p>\n<p>Another Boeing veteran, David Carbon, led that company’s South Carolina operations and introduced the largest 787 Dreamliner model to the world. These days, he’s overseeing the Amazon unit that’s creating a fleet of drones to whisk orders to shoppers.</p>\n<p>Boeing shifted all of its 787 manufacturing to South Carolina earlier this year.Photographer: Travis Dove/Bloomberg</p>\n<p>Carbon cheered when a former colleague, Bob Whittington, signed on as Prime Air’s vice president of technology and engineering in November. Whittington, who had been the chief engineer for the 787 program, was among the first wave of workers to depart Boeing last year as the pandemic decimated sales. He didn’t stay retired for long, joining Amazon months later, LinkedIn shows. “Bob is a legend in the aviation world,” Carbon gushed online of the 33-year Boeing veteran.</p>\n<p>“There are a lot of smart people who work here who could choose to make money doing something else. But they love airplanes,” Whittington said in a 2013 profile by a company magazine. “When an airplane flies over, they all look up.”</p>\n<p>No fewer than 32 Boeing engineers have landed at Amazon’s Prime Air cargo drone service, most of them hired within the past two years. In fact, Amazon overtook Boeing as Washington's largest employer last year as its sales surged, state data show.</p>\n<p>\"There are a tremendous number of opportunities for aerospace, science, robotics, and engineering experts at Prime Air that involve cutting-edge innovations,” a spokesperson for the online retailer said in a statement. Amazon declined to make former Boeing executives available for an interview.</p>\n<p><img src=\"https://static.tigerbbs.com/4963718340ed2378d22e812c51c1c386\" tg-width=\"1000\" tg-height=\"667\" referrerpolicy=\"no-referrer\">At a technology conference in Las Vegas in&nbsp;2019,&nbsp;Amazon unveiled the MK27 version of its delivery drone.Photographer: Joe Buglewicz/Bloomberg</p>\n<p>The competition for talent is heating up as the industry adjusts to a pandemic-altered world. Aerospace is heading into \"a major hiring phase,'' said Paul Smith, senior vice president of business development at PEAK Technical Staffing, a headhunting firm that specializes in engineering. “We're spending more time recruiting for engineering now than we have done previously in those marketplaces because they're really starting to want to steal people.”</p>\n<p>Boeing has&nbsp;notched some wins in the talent wars. In November, it created a new vice president role for Jinnah Hosein, a veteran of SpaceX, Tesla Inc., Google, and most recently Aurora, a self-driving vehicle company.</p>\n<p>Software design and coding errors&nbsp;have repeatedly led to performance shortfalls, like the faulty system that commanded the 737 Max to dive, KC-46 tanker's fueling glitches and delays to the 777X jet's debut. They also caused the Starliner capsule to miss a rendezvous with the International Space Station on its first flight in 2019. In his new role, Hosein charts strategy and leads a new centralized engineering unit that helps Boeing's three main divisions develop software embedded in the manufacturer's products.</p>\n<p>The turmoil&nbsp;has also been something of a boon for those angling to join Boeing's top engineering ranks. The company has given 264 employees the sought-after designation of technical fellow&nbsp;this year, an honor that marks them as a top-caliber expert and often means a bump in pay. Some years only a dozen or so people make the grade. The planemaker lost 275 of those specialists in last year's exodus.</p>\n<p>Technical Fellows</p>\n<p>After it lost a significant number of technical fellows last year, Boeing has repopulated its ranks of fellows by awarding that designation to more workers</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7774482c512519e0da060494586380bd\" tg-width=\"943\" tg-height=\"402\" referrerpolicy=\"no-referrer\"><span>Source: Boeing</span></p>\n<p>“I had no qualms when I left Boeing this past December after 35-plus years with the company,'' said Todd Zarfos, a retired engineering vice president. “I considered our engineering talent pipeline very robust and something in which I and fellow leaders invested to ensure continuity with the next generation of leaders.''</p>\n<p>Not everyone shares his optimism.&nbsp;The turnover inevitably has meant the loss of some of the knowledge gained through decades of designing and building highly complicated jetliners.</p>\n<p>“I assume they think they have plans in place to ensure that knowledge isn’t lost,” said Ray Goforth, executive director of the union representing Boeing’s engineers. “I don’t have the same confidence.”</p>\n<p>Boeing still has a pipeline into the nation's top engineering schools, and the company's name on a resume can open&nbsp;doors. Even with its recent travails, the planemaker is among the 10 largest employers of 2021 Washington State University graduates. The number-one&nbsp;destination for this year's class: Amazon.</p>\n<p><img src=\"https://static.tigerbbs.com/ef1eae7455e0c74db995ee6ad98fd37f\" tg-width=\"2000\" tg-height=\"1328\" referrerpolicy=\"no-referrer\">Boeing’s Starliner launched on Dec. 20, 2019, and after&nbsp;failing&nbsp;to complete its mission to dock with the International Space Station, landed in New Mexico two days later.Photographer: Jonathan Newton/The Washington Post/Getty ImagesDone With Moon Shots</p>\n<p>Boeing’s talent predicament has been years in the making. The Boeing engineering union's membership peaked at 22,985 early last decade as the planemaker tackled 787 production snarls, while developing new models including the 737 Max. It has since tumbled by 38% as management shifted work to Florida and California. Back in 2014, while Musk’s SpaceX was setting its sights on Mars, Boeingfocused on cash&nbsp;after then-CEO Jim McNerney declared the company was done pursuing the once-in-a-generation “moon shots” that had long been its hallmark.</p>\n<p>The planemaker ramped up production of its most-profitable jets at factories strained almost to the breaking point, resulting in record sales. The strategy worked until two 737 Max jets fell out of the sky within a five-month span. The fatal crashes, linked to flawed flight-control software, created a massive hole in Boeing’s revenue and a public-relations nightmare. The following year, the Covid-19 pandemic wiped out demand for the company's other cash-cow jet, the 787 Dreamliner.</p>\n<p>Turbulence</p>\n<p>While revenue in Boeing's second- and third-largest divisions has remained relatively stable, its commercial airplanes business has shrunk significantly</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ce0b2f668f752df67c77e5159e13ea8c\" tg-width=\"943\" tg-height=\"397\" referrerpolicy=\"no-referrer\"><span>Source: Company filings</span></p>\n<p>All told, those two crises sapped $30 billion in cash and precipitated the largest internal upheaval since the Sept. 11, 2001, attacks roiled its jetliner business. The exodus in Seattle has included around 6,000 mechanics, according to their union, the International Association of Machinists and Aerospace Workers.</p>\n<p><img src=\"https://static.tigerbbs.com/8f915068cf349a1a7867da13a424e3cb\" tg-width=\"2000\" tg-height=\"1333\" referrerpolicy=\"no-referrer\">The Boeing 737 Max was grounded in March 2019 for 20 months after two deadly crashes in Indonesia and Ethiopia.Photographer: David Ryder/Getty Images North America</p>\n<p>While analysts warn about the impact of engineering departures, it is too early to know how they might affect Boeing’s long-term prospects, including&nbsp;its showdown with European rival Airbus. That company&nbsp;didn’t cut workers as deeply and is now working to speed output in its factories to exceed pre-pandemic levels. The France-based manufacturer holds about 50% more&nbsp;single-aisle jet orders compared to Boeing's backlog, giving it a rare opportunity to take command of the jetliner duopoly.</p>\n<p>While Boeing ramped up its share buybacks last decade, Airbus was outspending the U.S. manufacturer on research as a percentage of sales every year but one.&nbsp;Airbus&nbsp;shares are up about 117% over the last five years, compared to a 66% gain for Boeing.</p>\n<p>Aircraft Research</p>\n<p>Airbus has been outspending Boeing on R&amp;D as a percentage of sales</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9b9fa72f64a23e0df364b4d0236c8a7f\" tg-width=\"947\" tg-height=\"406\" referrerpolicy=\"no-referrer\"><span>Source: Company reports</span></p>\n<p>Tough Decisions</p>\n<p>Boeing has cut deeply into its workforce over the years to survive industry shocks. It has often recalled workers and rehired retirees as consultants when the subsequent recovery left it short-handed.</p>\n<p>“That’s just the tendency, to lay off too many, too soon,” said Tom McCarty, a retired engineer and former president of the Society of Professional Engineering Employees in Aerospace, an engineers union.</p>\n<p>Aerospace analyst Seth Seifman says the company is still in the “early-to-mid stages” of a transition under CEO Calhoun, who&nbsp;took the top job in January 2020&nbsp;after predecessor Dennis Muilenburg was pushed out over the 737 Max debacle. Brian West, a long-time Calhoun lieutenant, is replacing the recently-retired Greg Smithas chief financial officerand key architect of Boeing's makeover.</p>\n<p><img src=\"https://static.tigerbbs.com/282940cfe1aeafa408fde674c20316f9\" tg-width=\"1000\" tg-height=\"666\" referrerpolicy=\"no-referrer\">Family members displayed photos of 737 Max crash victims as&nbsp;Dennis Muilenburg testified&nbsp;before the Senate on&nbsp;Oct. 29, 2019.Photographer: Tom Williams/CQ-Roll Call/Getty Images</p>\n<p>Boeing's talent exodus and production shortfalls, particularly with the 787, will be in focus when the manufacturer reports earnings on Wednesday. \"We continue to question how engineering excellence fits into Boeing's business transformation,'' Epstein, the Bank of America analyst, wrote in a July 21 report.</p>\n<p>Calhoun, a former GE executive who more recently ran Blackstone's private-equity portfolio, has vowed to get the basics right —&nbsp;core engineering, safety and manufacturing quality. He has made some tough decisions, including closing a Seattle-area manufacturing line for the 787 Dreamliner and shifting&nbsp;work to a non-unionized plant in South Carolina.</p>\n<p>As the crisis worsened last year, Calhoun also jettisoned Boeing's futuristic forays. First to go was a midrange jet known as the NMA, followed by Boeing’s $4.2 billion takeover of Embraer SA. Boeing later shut down units that had dabbled in venture capital. It opted against propping upnow-defunct supersonic jet-maker Aerion Corp., after spending around $300 million for an equity stake, according to a person familiar with the matter.</p>\n<p>But it wasn’t just tangential projects&nbsp;that fell to cost cuts. Boeing slashed its overall research and development spending 23% last year from a year earlier. For a company so heavily dependent on innovation, that was the equivalent of a farmer dining on the seed corn needed to plant next year’s crop, said Richard Aboulafia, an aerospace analyst with Teal Group.</p>\n<p>Boeing says it has poured more than $60 billion into research and development, capital expenditures and strategic investments such as digital engineering tools that helped move the T-7A military training jet from a design on a computer screen to first flight in 36 months. “These investments in our people and our products empower our teams to drive innovation, quality and performance as they work on challenging programs that change the world,” the company said.</p>\n<p><img src=\"https://static.tigerbbs.com/51981f0bd96d6eb6e2218040b1a7fb93\" tg-width=\"2000\" tg-height=\"1333\" referrerpolicy=\"no-referrer\">The last time Boeing debuted an all-new jetliner was with the 787 Dreamliner nearly two decades ago.Photographer: Chris Ratcliffe/BloombergLure of Complicated Machines</p>\n<p>Starliner is set to&nbsp;dock&nbsp;at the space station for several days before returning to Earth with a landing in the western U.S. A drama-free voyage&nbsp;could help restore some of the swagger to a Boeing division that pioneered human spaceflight. For now, SpaceX continues to captivate the next generation of rocket scientists. Aldrin, who is the son of astronaut Buzz Aldrin, estimates that over half of the engineering students he teaches near Florida's Space Coast have their sights set on Musk's venture.</p>\n<p>The talent Boeing has lost may come into sharper focus if the planemakermoves ahead with its first all-new jetlinersince the 787 Dreamliner debuted nearly two decades ago. The prospect of creating one of the most complicated machines on the planet was a reliable lure to engineers in the past.</p>\n<p>Then again, Boeing was sketching out concepts for this type of jetliner back in 2014, when McNerney backed away from moon shots. That was weeks after SpaceX first flew a rocket booster back from the edge of space to a soft, watery landing, redefining American industrial innovation and establishing itself as a glittery star in a constellation where the leading legacy player was starting to fade.</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>Boeing’s Turnaround After 737 Max Crisis Threatened by Talent Exodus</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\">\nBoeing’s Turnaround After 737 Max Crisis Threatened by Talent Exodus\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-27 09:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/features/2021-07-26/can-boeing-starliner-launch-pivot-from-737-max-woes-to-challenge-amazon-spacex><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Boeing Co. will put its battered engineering reputation on the line again this week when its Starliner spacecraft blasts off from Florida with a load of supplies for the International Space Station.\n...</p>\n\n<a href=\"https://www.bloomberg.com/news/features/2021-07-26/can-boeing-starliner-launch-pivot-from-737-max-woes-to-challenge-amazon-spacex\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BA":"波音"},"source_url":"https://www.bloomberg.com/news/features/2021-07-26/can-boeing-starliner-launch-pivot-from-737-max-woes-to-challenge-amazon-spacex","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169428988","content_text":"Boeing Co. will put its battered engineering reputation on the line again this week when its Starliner spacecraft blasts off from Florida with a load of supplies for the International Space Station.\nThe mission is a do-over of a 2019 trip that almost ended in calamity, and a dress rehearsal for the Boeing capsule's first flight with astronauts later this year. If successful, it would narrow the gap with an ascendant rival, SpaceX, and answer the latest space-faring feats by the billionaire founders ofBlue Origin andVirgin Galactic.\nA tour de force by Starliner might also help distract from a potential problem Boeing is facing back on earth: An exodus of some of the company's most experienced engineers that threatens its rebound from a bruising run that includes the grounding of its 737 Max jets after two fatal crashes and the plunge in global air travel amid the spread of Covid-19.\n“It’s hard to overestimate the significance of it,” said Andrew Aldrin, director of the Aldrin Space Institute at the Florida Institute of Technology.\nThe CST-100 Starliner spacecraft rolls out from Boeing’s Commercial Cargo and Processing Facility in the pre-dawn hours at the Kennedy Space Center in Florida on July 17.Photographer: Gregg Newton/AFP/Getty Images\nMore than 3,200 engineers and technical workers have left the company’s Seattle airplane manufacturing hub since the start of last year, about 18% of the union that represents them, with only a scant number added behind. In all, Boeing is aiming to cut 23,000 employees — from its executive committee to the factory floor — through layoffs,buyoutsand retirement initiatives it launched last year as it racked up record financial losses.\nThe engineers departed an employer that had shifted away from the bet-the-company ethos that gave the world the 747 jumbo jet and the Apollo era's Saturn rocket. Over the past decade, cost-obsessed Boeing executives wowed Wall Street by plowing more than $40 billion into share buybacks.The strategy made Boeing the best performer in the Dow Jones Industrial Average for a span, but left the manufacturer ill-prepared for leaner times and new competitive threats.\nNow, with a new space age beckoning and aviation beginning to tentatively recover from the pandemic, the century-old company’s standing as the preeminent American aerospace champion is in question.\nBoeing's new chief executive officer, Dave Calhoun, has pledged to return the aviation titan to its roots as an engineering-centric company as he reboots its strategy for an era of loosened pandemic restrictions. There has been a step-up in hiring to offset the lost talent and address software shortfalls, but a spate of production defects in the crown-jewel 787 Dreamliner have overshadowed that initiative.\nBoeing CEO Dave Calhoun took the top job in January 2020 after predecessor Dennis Muilenburg was pushed out over the 737 Max debacle.Photographer: Christopher Goodney/Bloomberg\n“We wonder if Boeing is suffering from an engineering brain drain, as potentially too many senior engineers have left the company in recent years and recent hiring trends have not filled the gap,” cautioned Ron Epstein, an analyst with Bank of America, who was a Boeing scientist early in his career.\nThe manufacturer shielded its government-funded space and defense units from the payroll purge, and continued to hire through the worst of last year's downturn, including engineers. As the 737 Max was cleared to fly again and air travel rebounded in the U.S., the Chicago-based company pared its job-cut targets by at least 3,000 positions — targets that could narrow again as business conditions improve. It held a virtual career fair this month to recruit production and airplane systems engineers to its Seattle facilities.\n“Engineering excellence is core to Boeing’s culture,” a Boeing spokesman said in a statement. “Over the past two years, we have methodically strengthened our engineering function, including establishing a unified organization of 50,000 talented and accomplished engineers across our commercial, defense, and space portfolio.”\nStill, Boeing faces a years-long turnaround and intensified competition in its commercial jet business from arch-rival Airbus SE, which has built up a commanding sales lead. With aircraft sales snapping back faster than expected and pressure building to launch a new midrange jetliner, Boeing will soon find out: Did it cut too deeply?\nAs Boeing’s 737 Max was cleared to fly again and air travel rebounded in the U.S., the Chicago-based company pared its job-cut targets and stepped up hiring.Photographer: Scott Olson/Getty ImagesThe Pull of Competitors\nBoeing has lost scores of workers to younger businesses, such as Amazon.com Inc. and SpaceX, that are pushing technological advances at breakneck speed. About 1,100 Boeing alumni now work for the Seattle-based e-commerce giant, an analysis of LinkedIn data show, and at least 200 former Boeing workers are at Elon Musk’s space venture. Microsoft Corp., Northrop Grumman Corp. and Lockheed Martin Corp. are also popular landing spots.\nThose who join SpaceX and endure its grueling, 20-hour work days are often driven by idealism, said Aldrin. After all, Musk founded the company with the grandiose goal of establishing interplanetary travel that one day might save the human race.\nWith Amazon, the lure is often money. Boeing professionals in the Seattle area can potentially get a significant pay bump without uprooting their families by joining the online retailer, say two people familiar with the matter. No wonder: Amazon, like SpaceX, is a new-economy wunderkind.\nAmazon has been hiring Boeing workers with deep operations expertise for the side of its business where humans and robots toil together in giant warehouses. Walt Odisho, for example, had spearheaded efforts to make Boeing’s 737 factory more efficient. He retired from Boeing in March and joined Amazon weeks later as a vice president, according to his LinkedIn profile.\nAnother Boeing veteran, David Carbon, led that company’s South Carolina operations and introduced the largest 787 Dreamliner model to the world. These days, he’s overseeing the Amazon unit that’s creating a fleet of drones to whisk orders to shoppers.\nBoeing shifted all of its 787 manufacturing to South Carolina earlier this year.Photographer: Travis Dove/Bloomberg\nCarbon cheered when a former colleague, Bob Whittington, signed on as Prime Air’s vice president of technology and engineering in November. Whittington, who had been the chief engineer for the 787 program, was among the first wave of workers to depart Boeing last year as the pandemic decimated sales. He didn’t stay retired for long, joining Amazon months later, LinkedIn shows. “Bob is a legend in the aviation world,” Carbon gushed online of the 33-year Boeing veteran.\n“There are a lot of smart people who work here who could choose to make money doing something else. But they love airplanes,” Whittington said in a 2013 profile by a company magazine. “When an airplane flies over, they all look up.”\nNo fewer than 32 Boeing engineers have landed at Amazon’s Prime Air cargo drone service, most of them hired within the past two years. In fact, Amazon overtook Boeing as Washington's largest employer last year as its sales surged, state data show.\n\"There are a tremendous number of opportunities for aerospace, science, robotics, and engineering experts at Prime Air that involve cutting-edge innovations,” a spokesperson for the online retailer said in a statement. Amazon declined to make former Boeing executives available for an interview.\nAt a technology conference in Las Vegas in 2019, Amazon unveiled the MK27 version of its delivery drone.Photographer: Joe Buglewicz/Bloomberg\nThe competition for talent is heating up as the industry adjusts to a pandemic-altered world. Aerospace is heading into \"a major hiring phase,'' said Paul Smith, senior vice president of business development at PEAK Technical Staffing, a headhunting firm that specializes in engineering. “We're spending more time recruiting for engineering now than we have done previously in those marketplaces because they're really starting to want to steal people.”\nBoeing has notched some wins in the talent wars. In November, it created a new vice president role for Jinnah Hosein, a veteran of SpaceX, Tesla Inc., Google, and most recently Aurora, a self-driving vehicle company.\nSoftware design and coding errors have repeatedly led to performance shortfalls, like the faulty system that commanded the 737 Max to dive, KC-46 tanker's fueling glitches and delays to the 777X jet's debut. They also caused the Starliner capsule to miss a rendezvous with the International Space Station on its first flight in 2019. In his new role, Hosein charts strategy and leads a new centralized engineering unit that helps Boeing's three main divisions develop software embedded in the manufacturer's products.\nThe turmoil has also been something of a boon for those angling to join Boeing's top engineering ranks. The company has given 264 employees the sought-after designation of technical fellow this year, an honor that marks them as a top-caliber expert and often means a bump in pay. Some years only a dozen or so people make the grade. The planemaker lost 275 of those specialists in last year's exodus.\nTechnical Fellows\nAfter it lost a significant number of technical fellows last year, Boeing has repopulated its ranks of fellows by awarding that designation to more workers\nSource: Boeing\n“I had no qualms when I left Boeing this past December after 35-plus years with the company,'' said Todd Zarfos, a retired engineering vice president. “I considered our engineering talent pipeline very robust and something in which I and fellow leaders invested to ensure continuity with the next generation of leaders.''\nNot everyone shares his optimism. The turnover inevitably has meant the loss of some of the knowledge gained through decades of designing and building highly complicated jetliners.\n“I assume they think they have plans in place to ensure that knowledge isn’t lost,” said Ray Goforth, executive director of the union representing Boeing’s engineers. “I don’t have the same confidence.”\nBoeing still has a pipeline into the nation's top engineering schools, and the company's name on a resume can open doors. Even with its recent travails, the planemaker is among the 10 largest employers of 2021 Washington State University graduates. The number-one destination for this year's class: Amazon.\nBoeing’s Starliner launched on Dec. 20, 2019, and after failing to complete its mission to dock with the International Space Station, landed in New Mexico two days later.Photographer: Jonathan Newton/The Washington Post/Getty ImagesDone With Moon Shots\nBoeing’s talent predicament has been years in the making. The Boeing engineering union's membership peaked at 22,985 early last decade as the planemaker tackled 787 production snarls, while developing new models including the 737 Max. It has since tumbled by 38% as management shifted work to Florida and California. Back in 2014, while Musk’s SpaceX was setting its sights on Mars, Boeingfocused on cash after then-CEO Jim McNerney declared the company was done pursuing the once-in-a-generation “moon shots” that had long been its hallmark.\nThe planemaker ramped up production of its most-profitable jets at factories strained almost to the breaking point, resulting in record sales. The strategy worked until two 737 Max jets fell out of the sky within a five-month span. The fatal crashes, linked to flawed flight-control software, created a massive hole in Boeing’s revenue and a public-relations nightmare. The following year, the Covid-19 pandemic wiped out demand for the company's other cash-cow jet, the 787 Dreamliner.\nTurbulence\nWhile revenue in Boeing's second- and third-largest divisions has remained relatively stable, its commercial airplanes business has shrunk significantly\nSource: Company filings\nAll told, those two crises sapped $30 billion in cash and precipitated the largest internal upheaval since the Sept. 11, 2001, attacks roiled its jetliner business. The exodus in Seattle has included around 6,000 mechanics, according to their union, the International Association of Machinists and Aerospace Workers.\nThe Boeing 737 Max was grounded in March 2019 for 20 months after two deadly crashes in Indonesia and Ethiopia.Photographer: David Ryder/Getty Images North America\nWhile analysts warn about the impact of engineering departures, it is too early to know how they might affect Boeing’s long-term prospects, including its showdown with European rival Airbus. That company didn’t cut workers as deeply and is now working to speed output in its factories to exceed pre-pandemic levels. The France-based manufacturer holds about 50% more single-aisle jet orders compared to Boeing's backlog, giving it a rare opportunity to take command of the jetliner duopoly.\nWhile Boeing ramped up its share buybacks last decade, Airbus was outspending the U.S. manufacturer on research as a percentage of sales every year but one. Airbus shares are up about 117% over the last five years, compared to a 66% gain for Boeing.\nAircraft Research\nAirbus has been outspending Boeing on R&D as a percentage of sales\nSource: Company reports\nTough Decisions\nBoeing has cut deeply into its workforce over the years to survive industry shocks. It has often recalled workers and rehired retirees as consultants when the subsequent recovery left it short-handed.\n“That’s just the tendency, to lay off too many, too soon,” said Tom McCarty, a retired engineer and former president of the Society of Professional Engineering Employees in Aerospace, an engineers union.\nAerospace analyst Seth Seifman says the company is still in the “early-to-mid stages” of a transition under CEO Calhoun, who took the top job in January 2020 after predecessor Dennis Muilenburg was pushed out over the 737 Max debacle. Brian West, a long-time Calhoun lieutenant, is replacing the recently-retired Greg Smithas chief financial officerand key architect of Boeing's makeover.\nFamily members displayed photos of 737 Max crash victims as Dennis Muilenburg testified before the Senate on Oct. 29, 2019.Photographer: Tom Williams/CQ-Roll Call/Getty Images\nBoeing's talent exodus and production shortfalls, particularly with the 787, will be in focus when the manufacturer reports earnings on Wednesday. \"We continue to question how engineering excellence fits into Boeing's business transformation,'' Epstein, the Bank of America analyst, wrote in a July 21 report.\nCalhoun, a former GE executive who more recently ran Blackstone's private-equity portfolio, has vowed to get the basics right — core engineering, safety and manufacturing quality. He has made some tough decisions, including closing a Seattle-area manufacturing line for the 787 Dreamliner and shifting work to a non-unionized plant in South Carolina.\nAs the crisis worsened last year, Calhoun also jettisoned Boeing's futuristic forays. First to go was a midrange jet known as the NMA, followed by Boeing’s $4.2 billion takeover of Embraer SA. Boeing later shut down units that had dabbled in venture capital. It opted against propping upnow-defunct supersonic jet-maker Aerion Corp., after spending around $300 million for an equity stake, according to a person familiar with the matter.\nBut it wasn’t just tangential projects that fell to cost cuts. Boeing slashed its overall research and development spending 23% last year from a year earlier. For a company so heavily dependent on innovation, that was the equivalent of a farmer dining on the seed corn needed to plant next year’s crop, said Richard Aboulafia, an aerospace analyst with Teal Group.\nBoeing says it has poured more than $60 billion into research and development, capital expenditures and strategic investments such as digital engineering tools that helped move the T-7A military training jet from a design on a computer screen to first flight in 36 months. “These investments in our people and our products empower our teams to drive innovation, quality and performance as they work on challenging programs that change the world,” the company said.\nThe last time Boeing debuted an all-new jetliner was with the 787 Dreamliner nearly two decades ago.Photographer: Chris Ratcliffe/BloombergLure of Complicated Machines\nStarliner is set to dock at the space station for several days before returning to Earth with a landing in the western U.S. A drama-free voyage could help restore some of the swagger to a Boeing division that pioneered human spaceflight. For now, SpaceX continues to captivate the next generation of rocket scientists. Aldrin, who is the son of astronaut Buzz Aldrin, estimates that over half of the engineering students he teaches near Florida's Space Coast have their sights set on Musk's venture.\nThe talent Boeing has lost may come into sharper focus if the planemakermoves ahead with its first all-new jetlinersince the 787 Dreamliner debuted nearly two decades ago. The prospect of creating one of the most complicated machines on the planet was a reliable lure to engineers in the past.\nThen again, Boeing was sketching out concepts for this type of jetliner back in 2014, when McNerney backed away from moon shots. That was weeks after SpaceX first flew a rocket booster back from the edge of space to a soft, watery landing, redefining American industrial innovation and establishing itself as a glittery star in a constellation where the leading legacy player was starting to fade.","news_type":1},"isVote":1,"tweetType":1,"viewCount":384,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":800893606,"gmtCreate":1627289276705,"gmtModify":1703486840888,"author":{"id":"3581472743019515","authorId":"3581472743019515","authorIdStr":"3581472743019515","name":"sqsq123","avatar":"https://static.tigerbbs.com/785195472d548d1e809574255456222e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581472743019515"},"themes":[],"htmlText":"Cant wait!","listText":"Cant wait!","text":"Cant wait!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/800893606","repostId":"1100772026","repostType":4,"repost":{"id":"1100772026","pubTimestamp":1627254622,"share":"https://ttm.financial/m/news/1100772026?lang=&edition=fundamental","pubTime":"2021-07-26 07:10","market":"us","language":"en","title":"Apple, Tesla, Amazon, Pfizer, and Other Stocks to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1100772026","media":"Barrons","summary":"It’s the busiest week of second-quarter earnings season. About $one$ third of S&P 500 companies are scheduled to report. Tesla and Lockheed Martin kick things off on M onday, followed by a packed Tuesday: Apple, Microsoft, Alphabet, $Visa$, $AMD$, UPS, General Electric, $3M$, and Starbucks headline a 42-report day.$Facebook$, Shopify, Boeing, Ford Motor, $PayPal$ Holdings, Pfizer, and Qualcomm release results on Wednesday. Then Amazon.com, Comcast, Mastercard, and T-Mobile US report on Thursday.","content":"<p>It’s the busiest week of second-quarter earnings season. About <a href=\"https://laohu8.com/S/AONE.U\">one</a> third of S&amp;P 500 companies are scheduled to report. Tesla and Lockheed Martin kick things off on M onday, followed by a packed Tuesday: Apple, Microsoft, Alphabet, <a href=\"https://laohu8.com/S/V\">Visa</a>, <a href=\"https://laohu8.com/S/AMD\">AMD</a>, UPS, General Electric, <a href=\"https://laohu8.com/S/MMM\">3M</a>, and Starbucks headline a 42-report day.</p>\n<p><a href=\"https://laohu8.com/S/FB\">Facebook</a>, Shopify, Boeing, Ford Motor, <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings, Pfizer, and Qualcomm release results on Wednesday. Then Amazon.com, Comcast, Mastercard, and T-Mobile US report on Thursday. Finally, Exxon Mobil, Caterpillar, <a href=\"https://laohu8.com/S/CHTR\">Charter Communications</a>, Chevron, and Procter &amp; Gamble close the week on Friday.</p>\n<p><img src=\"https://static.tigerbbs.com/4564430f7fe9649d97a7a105615955e5\" tg-width=\"1562\" tg-height=\"676\" referrerpolicy=\"no-referrer\">There will be plenty of action on the economic calendar this week too. The Federal Reserve’s policy committee wraps up a two-day meeting on Wednesday. A change in interest rates is off the table, but officials could reveal more information about their timeline for reducing bond purchases. Fed Chair Jerome Powell’s post-meeting press conference will be must-watch viewing.</p>\n<p>On Thursday, the Bureau of Economic Analysis publishes its first official estimate of second-quarter U.S. gross domestic product. Economists are expecting a white-hot 9.1% seasonally adjusted annual growth rate, up from 6.4% in the first quarter.</p>\n<p>Other data out this week include the Conference Board’s Consumer Confidence Index for July and the Commerce Department’s durable goods orders for June, both on Tuesday. The latter is often viewed as a decent proxy for business investment.</p>\n<p>Monday 7/26</p>\n<p>Cadence Design Systems, Hasbro, Lockheed Martin, Otis Worldwide, and Tesla report quarterly results.</p>\n<p>The Census Bureau reports new single-family home sales for June. Economists forecast a seasonally adjusted annual rate of 800,000 new homes sold, 4% more than May’s 769,000.</p>\n<p>Tuesday 7/27</p>\n<p>It’s a big day for megacap tech earnings. Alphabet, Apple, and Microsoft will release quarterly results. The three companies are among the five largest globally by market value, worth a combined $6.4 trillion.</p>\n<p>3M, Advanced Micro Devices, Chubb, Ecolab, General Electric, Invesco, Mondelez International, MSCI, Raytheon Technologies, Starbucks, United Parcel Service, and Visa announce earnings.</p>\n<p>The Conference Board releases its Consumer Confidence Index for July. Consensus estimate is for a 124 reading, lower than June’s 127.3. The June figure was the highest for the index since the beginning of the pandemic.</p>\n<p>S&amp;P <a href=\"https://laohu8.com/S/CLGX\">CoreLogic</a> releases its Case-Shiller National Home Price Index for May. Expectations are for a 16.4% year-over-year rise, after a 14.6% jump in April. The April spike was a record for the index going back to 1988, when data were first collected.</p>\n<p>Wednesday 7/28</p>\n<p>Automatic Data Processing, Boeing, Bristol Myers Squibb, Facebook, Ford Motor, Generac Holdings, McDonald’s, Moody’s, Norfolk Southern, PayPal Holdings, Pfizer, Qualcomm, Shopify, and Thermo Fisher Scientific release quarterly results.</p>\n<p>The Federal Open Market Committee announces its monetary-policy decision. The FOMC is expected to leave the federal-funds rate unchanged near zero. Wall Street expects the central bank to announce a timeline for reducing its bond purchases, currently about $120 billion a month, at some time between now and the September meeting.</p>\n<p>Thursday 7/29</p>\n<p>Altria Group, Amazon.com, Comcast, Hershey, Hilton Worldwide Holdings, Mastercard, Merck, Molson Coors Beverage, Northrop Grumman, and T-Mobile US hold conference calls to discuss earnings.</p>\n<p>Robinhood Markets, the zero-commission investment app, is expected to begin trading on the Nasdaq exchange under the ticker HOOD. Robinhood plans to offer 55 million shares at $38 to $42 a share, which would value the company at roughly $35 billion.</p>\n<p>The Bureau of Economic Analysis reports its preliminary estimate of second-quarter gross domestic product. Economists forecast a 9.1% seasonally adjusted annual growth rate, following a 6.4% increase in the first quarter. The Federal Reserve currently projects 7% GDP growth for 2021, which would be the fastest rate of growth since 1984.</p>\n<p>Friday 7/30</p>\n<p>AbbVie, Caterpillar, Charter Communications, Chevron, Colgate-Palmolive, Exxon Mobil, Procter &amp; Gamble, and Weyerhaeuser report quarterly results.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple, Tesla, Amazon, Pfizer, and Other Stocks to Watch This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple, Tesla, Amazon, Pfizer, and Other Stocks to Watch This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-26 07:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stocks-to-watch-this-week-51627239605?mod=hp_LEAD_4><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s the busiest week of second-quarter earnings season. About one third of S&P 500 companies are scheduled to report. Tesla and Lockheed Martin kick things off on M onday, followed by a packed ...</p>\n\n<a href=\"https://www.barrons.com/articles/stocks-to-watch-this-week-51627239605?mod=hp_LEAD_4\">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","AMZN":"亚马逊","AAPL":"苹果","BA":"波音","SHOP":"Shopify Inc","PYPL":"PayPal","FORD":"福沃德工业"},"source_url":"https://www.barrons.com/articles/stocks-to-watch-this-week-51627239605?mod=hp_LEAD_4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100772026","content_text":"It’s the busiest week of second-quarter earnings season. About one third of S&P 500 companies are scheduled to report. Tesla and Lockheed Martin kick things off on M onday, followed by a packed Tuesday: Apple, Microsoft, Alphabet, Visa, AMD, UPS, General Electric, 3M, and Starbucks headline a 42-report day.\nFacebook, Shopify, Boeing, Ford Motor, PayPal Holdings, Pfizer, and Qualcomm release results on Wednesday. Then Amazon.com, Comcast, Mastercard, and T-Mobile US report on Thursday. Finally, Exxon Mobil, Caterpillar, Charter Communications, Chevron, and Procter & Gamble close the week on Friday.\nThere will be plenty of action on the economic calendar this week too. The Federal Reserve’s policy committee wraps up a two-day meeting on Wednesday. A change in interest rates is off the table, but officials could reveal more information about their timeline for reducing bond purchases. Fed Chair Jerome Powell’s post-meeting press conference will be must-watch viewing.\nOn Thursday, the Bureau of Economic Analysis publishes its first official estimate of second-quarter U.S. gross domestic product. Economists are expecting a white-hot 9.1% seasonally adjusted annual growth rate, up from 6.4% in the first quarter.\nOther data out this week include the Conference Board’s Consumer Confidence Index for July and the Commerce Department’s durable goods orders for June, both on Tuesday. The latter is often viewed as a decent proxy for business investment.\nMonday 7/26\nCadence Design Systems, Hasbro, Lockheed Martin, Otis Worldwide, and Tesla report quarterly results.\nThe Census Bureau reports new single-family home sales for June. Economists forecast a seasonally adjusted annual rate of 800,000 new homes sold, 4% more than May’s 769,000.\nTuesday 7/27\nIt’s a big day for megacap tech earnings. Alphabet, Apple, and Microsoft will release quarterly results. The three companies are among the five largest globally by market value, worth a combined $6.4 trillion.\n3M, Advanced Micro Devices, Chubb, Ecolab, General Electric, Invesco, Mondelez International, MSCI, Raytheon Technologies, Starbucks, United Parcel Service, and Visa announce earnings.\nThe Conference Board releases its Consumer Confidence Index for July. Consensus estimate is for a 124 reading, lower than June’s 127.3. The June figure was the highest for the index since the beginning of the pandemic.\nS&P CoreLogic releases its Case-Shiller National Home Price Index for May. Expectations are for a 16.4% year-over-year rise, after a 14.6% jump in April. The April spike was a record for the index going back to 1988, when data were first collected.\nWednesday 7/28\nAutomatic Data Processing, Boeing, Bristol Myers Squibb, Facebook, Ford Motor, Generac Holdings, McDonald’s, Moody’s, Norfolk Southern, PayPal Holdings, Pfizer, Qualcomm, Shopify, and Thermo Fisher Scientific release quarterly results.\nThe Federal Open Market Committee announces its monetary-policy decision. The FOMC is expected to leave the federal-funds rate unchanged near zero. Wall Street expects the central bank to announce a timeline for reducing its bond purchases, currently about $120 billion a month, at some time between now and the September meeting.\nThursday 7/29\nAltria Group, Amazon.com, Comcast, Hershey, Hilton Worldwide Holdings, Mastercard, Merck, Molson Coors Beverage, Northrop Grumman, and T-Mobile US hold conference calls to discuss earnings.\nRobinhood Markets, the zero-commission investment app, is expected to begin trading on the Nasdaq exchange under the ticker HOOD. Robinhood plans to offer 55 million shares at $38 to $42 a share, which would value the company at roughly $35 billion.\nThe Bureau of Economic Analysis reports its preliminary estimate of second-quarter gross domestic product. Economists forecast a 9.1% seasonally adjusted annual growth rate, following a 6.4% increase in the first quarter. The Federal Reserve currently projects 7% GDP growth for 2021, which would be the fastest rate of growth since 1984.\nFriday 7/30\nAbbVie, Caterpillar, Charter Communications, Chevron, Colgate-Palmolive, Exxon Mobil, Procter & Gamble, and Weyerhaeuser report quarterly results.","news_type":1},"isVote":1,"tweetType":1,"viewCount":420,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804427538,"gmtCreate":1627974333624,"gmtModify":1703498915310,"author":{"id":"3581472743019515","authorId":"3581472743019515","authorIdStr":"3581472743019515","name":"sqsq123","avatar":"https://static.tigerbbs.com/785195472d548d1e809574255456222e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581472743019515"},"themes":[],"htmlText":"Nice!","listText":"Nice!","text":"Nice!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/804427538","repostId":"2156464731","repostType":4,"repost":{"id":"2156464731","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":1627973378,"share":"https://ttm.financial/m/news/2156464731?lang=&edition=fundamental","pubTime":"2021-08-03 14:49","market":"us","language":"en","title":"Infineon says chip supply situation \"extremely tight\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2156464731","media":"Reuters","summary":"BERLIN (Reuters) - German chipmaker Infineon Technologies said on Tuesday it was battling extreme ti","content":"<p>BERLIN (Reuters) - German chipmaker Infineon Technologies said on Tuesday it was battling extreme tightness in its markets as the latest wave of the COVID-19 pandemic disrupts production in Asia and inventories hit all-time lows.</p>\n<p>Results for the fiscal third quarter at the leading supplier of chips to the automotive industry reflected that tightness, with quarterly revenue growth of 1% lagging analyst expectations even as profit margins widened.</p>\n<p>\"Demand for semiconductors is unbroken,\" CEO Reinhard Ploss said. \"Currently, however, the market is faced with an extremely tight supply situation.\"</p>\n<p>Third-quarter revenue of 2.722 billion euros ($3.2 billion) was below the consensus of 2.767 billion euros in a poll of analysts by Vara Research. Profit margin widened to 18.2% from 17.4% in the prior quarter, beating a consensus view of 18%.</p>\n<p>Infineon maintained its forecast for revenue in its fiscal year to Sept. 30 of 11 billion euros while slightly raising its guidance for segment result margin - a measure of operational profitability - to above 18%.</p>\n<p>Ploss said inventories were \"at a historic low; our chips are being shipped from our fabs straight into end applications\".</p>\n<p>Under those circumstances, any government-imposed lockdowns - such as one in Malaysia where Infineon has a production site - are especially grave, Ploss added.</p>\n<p>\"We are doing our utmost to improve matters along the entire value chain and are working as flexibly as possible in the best interests of our customers,\" said Ploss. \"At the same time, we are continuously building up additional capacity.\"</p>\n<p>($1 = 0.8421 euros)</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>Infineon says chip supply situation \"extremely tight\"</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\">\nInfineon says chip supply situation \"extremely tight\"\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\">2021-08-03 14:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>BERLIN (Reuters) - German chipmaker Infineon Technologies said on Tuesday it was battling extreme tightness in its markets as the latest wave of the COVID-19 pandemic disrupts production in Asia and inventories hit all-time lows.</p>\n<p>Results for the fiscal third quarter at the leading supplier of chips to the automotive industry reflected that tightness, with quarterly revenue growth of 1% lagging analyst expectations even as profit margins widened.</p>\n<p>\"Demand for semiconductors is unbroken,\" CEO Reinhard Ploss said. \"Currently, however, the market is faced with an extremely tight supply situation.\"</p>\n<p>Third-quarter revenue of 2.722 billion euros ($3.2 billion) was below the consensus of 2.767 billion euros in a poll of analysts by Vara Research. Profit margin widened to 18.2% from 17.4% in the prior quarter, beating a consensus view of 18%.</p>\n<p>Infineon maintained its forecast for revenue in its fiscal year to Sept. 30 of 11 billion euros while slightly raising its guidance for segment result margin - a measure of operational profitability - to above 18%.</p>\n<p>Ploss said inventories were \"at a historic low; our chips are being shipped from our fabs straight into end applications\".</p>\n<p>Under those circumstances, any government-imposed lockdowns - such as one in Malaysia where Infineon has a production site - are especially grave, Ploss added.</p>\n<p>\"We are doing our utmost to improve matters along the entire value chain and are working as flexibly as possible in the best interests of our customers,\" said Ploss. \"At the same time, we are continuously building up additional capacity.\"</p>\n<p>($1 = 0.8421 euros)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"0KED.UK":"英飞凌","IFNNF":"Infineon Technologies AG"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2156464731","content_text":"BERLIN (Reuters) - German chipmaker Infineon Technologies said on Tuesday it was battling extreme tightness in its markets as the latest wave of the COVID-19 pandemic disrupts production in Asia and inventories hit all-time lows.\nResults for the fiscal third quarter at the leading supplier of chips to the automotive industry reflected that tightness, with quarterly revenue growth of 1% lagging analyst expectations even as profit margins widened.\n\"Demand for semiconductors is unbroken,\" CEO Reinhard Ploss said. \"Currently, however, the market is faced with an extremely tight supply situation.\"\nThird-quarter revenue of 2.722 billion euros ($3.2 billion) was below the consensus of 2.767 billion euros in a poll of analysts by Vara Research. Profit margin widened to 18.2% from 17.4% in the prior quarter, beating a consensus view of 18%.\nInfineon maintained its forecast for revenue in its fiscal year to Sept. 30 of 11 billion euros while slightly raising its guidance for segment result margin - a measure of operational profitability - to above 18%.\nPloss said inventories were \"at a historic low; our chips are being shipped from our fabs straight into end applications\".\nUnder those circumstances, any government-imposed lockdowns - such as one in Malaysia where Infineon has a production site - are especially grave, Ploss added.\n\"We are doing our utmost to improve matters along the entire value chain and are working as flexibly as possible in the best interests of our customers,\" said Ploss. \"At the same time, we are continuously building up additional capacity.\"\n($1 = 0.8421 euros)","news_type":1},"isVote":1,"tweetType":1,"viewCount":659,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187071286,"gmtCreate":1623732490645,"gmtModify":1704209880447,"author":{"id":"3581472743019515","authorId":"3581472743019515","authorIdStr":"3581472743019515","name":"sqsq123","avatar":"https://static.tigerbbs.com/785195472d548d1e809574255456222e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581472743019515"},"themes":[],"htmlText":"Like pls!!","listText":"Like pls!!","text":"Like pls!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/187071286","repostId":"1138219989","repostType":4,"repost":{"id":"1138219989","pubTimestamp":1623650085,"share":"https://ttm.financial/m/news/1138219989?lang=&edition=fundamental","pubTime":"2021-06-14 13:54","market":"us","language":"en","title":"What to Expect in This Week’s Federal Reserve Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=1138219989","media":"Barrons","summary":"As the Federal Open Market Committee holds its regular policy meeting this coming week, once again a","content":"<p>As the Federal Open Market Committee holds its regular policy meeting this coming week, once again analysts and investors should flip the Nixon-era cliché and watch what they say, not what they do. What everybody wants to know is whether the panel finally has gotten around to talking about talking about moving away from its ubereasy monetary policy.</p>\n<p>We all know that the FOMC won’t take any substantive steps in terms of its massive securities purchases, which are still running at $120 billion a month. As for its key federal-funds rate target, that’s stuck at 0% to 0.25% (although there’s an outside chance of technical tweaking of some other Fed-administered rates to address the billions in excess cash sloshing around in the money markets).</p>\n<p>We’ll be looking for what’s in the FOMC’s formal policy statement and the panel’s updated Summary of Economic Projections, which will include the amalgam of the committee members’ guesses on key economic gauges, such as gross domestic product, inflation, and unemployment. Most likely, when that is posted&nbsp;on the Fed’s website&nbsp;at 2 p.m. Eastern Daylight Time on Wednesday, most folks will probably head straight for the FOMC’s guesses on the fed-funds rate, and specifically when liftoff from near-zero is finally expected.</p>\n<p>The “dot plot”—or graph of the FOMC members’ consensus guesses—puts the first hike all the way out past 2023. That seems a very long-term forecast, and as John Maynard Keynes famously pointed out, in the long run we’re all dead. Some Fed watchers, such as J.P. Morgan’s chief U.S. economist, Michael Feroli, look for the dots to show a 2023 liftoff.</p>\n<p>The markets, however, already had been pricing in one or more fed-funds rate hikes by 2023. But concurrent with the previously discussed slide in longer-term bond yields, the interest-rate futures markets have effectively priced out one of those short-term rate increases. In addition, the derivatives market now sees the fed-funds rate peaking under 2%, some 0.4 of a percentage point lower than what it had priced in earlier this year, according to analysts for&nbsp;Natixis.</p>\n<p>Long before making any rate hikes, the Fed will begin to lessen its accommodation by slowing its current pace of securities purchases, which consist of $80 billion of Treasuries and $40 billion of agency mortgage-backed securities every month. The trillions that the Federal Reserve and other central banks have created have gone a long way to boost the values of assets, which rose by $5 trillion, to $136.9 trillion, in the first quarter, according to new Fed data released this past week. That includes a $3.2 trillion rise in the value of equities owned by households and a $968 billion rise in their real estate holdings.</p>\n<p>The key criterion for reduced Fed accommodation is whether the monetary authorities see “substantial further progress” toward reaching what they deem as maximum employment, probably a deliberately ambiguous standard.</p>\n<p>But the increase in payrolls appears to be constrained as much by the supply of labor as businesses’ desire to hire. The latest Job Openings and Labor Turnover Survey, or Jolts, showed&nbsp;a record 9.3 million unfilled openings&nbsp;in April. In addition, 384,000 people left their positions that month, bringing the total of voluntary job quitters to a record four million.</p>\n<p>Anecdotal evidence, including some in the Fed’s beige book summary of economic conditions prepared for the coming meeting, suggests that employers aren’t finding enough workers because of generous unemployment compensation. Unusual for a social science such as economics, there will be a real-time experiment to test this hypothesis as 25 states end the extra $300 weekly payment early.</p>\n<p>Jefferies economists Aneta Markowska and Thomas Simons write in a research note that these 25 states account for about a quarter of all the unemployed workers. Ending their extra jobless benefits could boost employment by roughly two million in the next few months, they estimate. Another growth spurt should follow in September and October after the extra unemployment insurance expires in the remaining states; schools reopen—providing free daycare for some would-be workers, especially women; and many office employees return to their desks, they add.</p>\n<p>At that point, the Fed might start talking about actually reducing its massive securities purchases. Given the “taper tantrum” thrown by the markets when the central bank slowed its bond buying in 2013, this Fed will want to disclose how, when, and how fast it plans to slow its pour into the punch bowl. That’s what we’ll be listening for this week.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What to Expect in This Week’s Federal Reserve Meeting</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat to Expect in This Week’s Federal Reserve Meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-14 13:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/what-to-expect-in-next-weeks-federal-reserve-meeting-51623457837?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As the Federal Open Market Committee holds its regular policy meeting this coming week, once again analysts and investors should flip the Nixon-era cliché and watch what they say, not what they do. ...</p>\n\n<a href=\"https://www.barrons.com/articles/what-to-expect-in-next-weeks-federal-reserve-meeting-51623457837?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.barrons.com/articles/what-to-expect-in-next-weeks-federal-reserve-meeting-51623457837?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138219989","content_text":"As the Federal Open Market Committee holds its regular policy meeting this coming week, once again analysts and investors should flip the Nixon-era cliché and watch what they say, not what they do. What everybody wants to know is whether the panel finally has gotten around to talking about talking about moving away from its ubereasy monetary policy.\nWe all know that the FOMC won’t take any substantive steps in terms of its massive securities purchases, which are still running at $120 billion a month. As for its key federal-funds rate target, that’s stuck at 0% to 0.25% (although there’s an outside chance of technical tweaking of some other Fed-administered rates to address the billions in excess cash sloshing around in the money markets).\nWe’ll be looking for what’s in the FOMC’s formal policy statement and the panel’s updated Summary of Economic Projections, which will include the amalgam of the committee members’ guesses on key economic gauges, such as gross domestic product, inflation, and unemployment. Most likely, when that is posted on the Fed’s website at 2 p.m. Eastern Daylight Time on Wednesday, most folks will probably head straight for the FOMC’s guesses on the fed-funds rate, and specifically when liftoff from near-zero is finally expected.\nThe “dot plot”—or graph of the FOMC members’ consensus guesses—puts the first hike all the way out past 2023. That seems a very long-term forecast, and as John Maynard Keynes famously pointed out, in the long run we’re all dead. Some Fed watchers, such as J.P. Morgan’s chief U.S. economist, Michael Feroli, look for the dots to show a 2023 liftoff.\nThe markets, however, already had been pricing in one or more fed-funds rate hikes by 2023. But concurrent with the previously discussed slide in longer-term bond yields, the interest-rate futures markets have effectively priced out one of those short-term rate increases. In addition, the derivatives market now sees the fed-funds rate peaking under 2%, some 0.4 of a percentage point lower than what it had priced in earlier this year, according to analysts for Natixis.\nLong before making any rate hikes, the Fed will begin to lessen its accommodation by slowing its current pace of securities purchases, which consist of $80 billion of Treasuries and $40 billion of agency mortgage-backed securities every month. The trillions that the Federal Reserve and other central banks have created have gone a long way to boost the values of assets, which rose by $5 trillion, to $136.9 trillion, in the first quarter, according to new Fed data released this past week. That includes a $3.2 trillion rise in the value of equities owned by households and a $968 billion rise in their real estate holdings.\nThe key criterion for reduced Fed accommodation is whether the monetary authorities see “substantial further progress” toward reaching what they deem as maximum employment, probably a deliberately ambiguous standard.\nBut the increase in payrolls appears to be constrained as much by the supply of labor as businesses’ desire to hire. The latest Job Openings and Labor Turnover Survey, or Jolts, showed a record 9.3 million unfilled openings in April. In addition, 384,000 people left their positions that month, bringing the total of voluntary job quitters to a record four million.\nAnecdotal evidence, including some in the Fed’s beige book summary of economic conditions prepared for the coming meeting, suggests that employers aren’t finding enough workers because of generous unemployment compensation. Unusual for a social science such as economics, there will be a real-time experiment to test this hypothesis as 25 states end the extra $300 weekly payment early.\nJefferies economists Aneta Markowska and Thomas Simons write in a research note that these 25 states account for about a quarter of all the unemployed workers. Ending their extra jobless benefits could boost employment by roughly two million in the next few months, they estimate. Another growth spurt should follow in September and October after the extra unemployment insurance expires in the remaining states; schools reopen—providing free daycare for some would-be workers, especially women; and many office employees return to their desks, they add.\nAt that point, the Fed might start talking about actually reducing its massive securities purchases. Given the “taper tantrum” thrown by the markets when the central bank slowed its bond buying in 2013, this Fed will want to disclose how, when, and how fast it plans to slow its pour into the punch bowl. That’s what we’ll be listening for this week.","news_type":1},"isVote":1,"tweetType":1,"viewCount":357,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344165448,"gmtCreate":1618388796284,"gmtModify":1704710033752,"author":{"id":"3581472743019515","authorId":"3581472743019515","authorIdStr":"3581472743019515","name":"sqsq123","avatar":"https://static.tigerbbs.com/785195472d548d1e809574255456222e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581472743019515"},"themes":[],"htmlText":"Crypto ftw!","listText":"Crypto ftw!","text":"Crypto ftw!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/344165448","repostId":"2127454000","repostType":4,"repost":{"id":"2127454000","pubTimestamp":1618364092,"share":"https://ttm.financial/m/news/2127454000?lang=&edition=fundamental","pubTime":"2021-04-14 09:34","market":"us","language":"en","title":"Coinbase IPO: Everything you need to know about the ‘watershed moment’ in crypto","url":"https://stock-news.laohu8.com/highlight/detail?id=2127454000","media":"MarketWatch","summary":"'That said, investing in Coinbase is not for the faint of heart, as the business--and the stock--wil","content":"<p>'That said, investing in Coinbase is not for the faint of heart, as the business--and the stock--will likely see dramatic, potentially protracted, swings,' MoffettNathanson's Ellis writes</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9a8244209cb653b4d9e43e2d729863b9\" tg-width=\"620\" tg-height=\"414\" referrerpolicy=\"no-referrer\"><span>Here comes the Coinbase IPO! Photographer: Tiffany Hagler-Geard/Bloomberg</span></p><p>Coinbase is the talk of Wall Street, as the largest crypto platform in the U.S. gears up for its public debut on a traditional exchange Wednesday, through a direct listing.</p><p>There is no doubt that the public offering of Coinbase is a big deal in the world of crypto. The company was created just over a decade ago with the genesis of bitcoin  and is now in the midst of a moment that many in the industry have described as a tipping point .</p><p>There are few ways to get direct ownership of crypto currencies, outside of buying them directly, a service that Coinbase provides for a fee, and what investors appear willing to be pay up for.</p><p>Leeor Shimron, analyst at FundStrat Global Advisors, described the Coinbase listing as seminal. \"Coinbase's direct listing is a watershed moment for the crypto industry.\"</p><p>Wedbush analyst Dan Ives said the listing is a reflection of the crypto's mainstream evolution.</p><p>\"Coinbase is a foundational piece of the crypto ecosystem and is a barometer for the growing mainstream adoption of Bitcoin and crypto for the coming years in our opinion,\" he wrote in a research note Tuesday.</p><p>Some caution that the implied valuations for Coinbase as a crypto exchange are too lofty , the parent company of the New York Stock Exchange.</p><p>In a direct listing, a company floats its shares on a stock exchange, but without hiring banks to underwrite the transaction, like in an IPO.</p><p>Here's what you need to know about the coming offering.</p><p><b>What is Coinbase?</b></p><p>The Silicon Valley crypto exchange was co-founded in 2012 by Brian Armstrong, 38, who runs the platform as chief executive. Fred Ehrsam, a Coinbase director, also helped to create the company.</p><p>According to Forbes , Armstrong's networth is currently $6.5 billion based on his ownership in the company and his wealth is likely to increase if the direct listing goes off successfully.</p><p><b>When will Coinbase go public?</b></p><p>Coinbase will list on April 14. The precise timing of the list isn't clear but <a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies Inc.</a>'s (PLTR)direct listing   after 1:30 p.m. Eastern Time.</p><p><b>Where will it list?</b></p><p>Coinbase is set to go public on the Nasdaq under the ticker symbol \"COIN\" as a direct listing, meaning it isn't raising any new money, as a company would under a traditional IPO.</p><p>Coinbase is the Nasdaq's first major direct listing, with Spotify <a href=\"https://laohu8.com/S/SPOT\">$(SPOT)$</a>, <a href=\"https://laohu8.com/S/WORK\">Slack Technologies</a> (WORK) and most recently Palantir Technologies (PLTR) all opting to directly list at the NYSE.</p><p><b>Valuations?</b></p><p>Valuations for Coinbase vary from $50 billion to $150 billion based on some decentralized crypto platforms that attempt to replicate how the company's shares might trade. At the top end of the spectrum, Coinbase would be bigger than a number of U.S. exchanges, including ICE, Nasdaq, CME Group <a href=\"https://laohu8.com/S/CME\">$(CME)$</a> and Cboe Global Markets <a href=\"https://laohu8.com/S/CBOE\">$(CBOE)$</a>.</p><p><img src=\"https://static.tigerbbs.com/d2200134a14a3d37a8a656d85f6906c0\" tg-width=\"955\" tg-height=\"657\" referrerpolicy=\"no-referrer\"></p><p>David Trainer, CEO of New Constructs, an investment research firm, said the crypto platform's value is ridiculously high. \"Even though Coinbase's revenue surged over the past 12 months, the company has little-to-no-chance of meeting the future profit expectations that are baked into its ridiculously high expected valuation of $100 billion,\" he said.</p><p>\"Coinbase's expected valuation of $100 billion implies that its revenue will be 1.5x the combined 2020 revenues of two of the most established exchanges in the marketplace, Nasdaq Inc. <a href=\"https://laohu8.com/S/NDAQ\">$(NDAQ)$</a> and Intercontinental Exchange <a href=\"https://laohu8.com/S/ICE\">$(ICE)$</a>, the parent company of the New York Stock Exchange,\" he said.</p><p>Trainer said that based on his calculation, Coinbase's valuation should be closer to $18.9 billion--an 81% decrease from the $100 billion expected valuation.</p><p><b>'Not for the faint of heart'</b></p><p>MoffettNathanson analyst Lisa Ellis explained to MarketWatch why the offering is, as she describes it \"not for the faint of heart,\" but why she initiated coverage of the exchange at a buy with a price-target of $600, even before it sees its first trade on the Nasdaq.</p><p>\"I'm super super bullish on Coinbase...because you get the sense that they are a market leader in the space and crypto agnostic,\" she said.</p><p>That said, she acknowledges that currently 90% of Coinbase's revenues are derived directly from retail trading, with most in the U.S. and trading centered primarily on the two largest cryptos: bitcoin and Ether  on the ethereum blockchain.</p><p>\"So the implications is that Coinbase's revenues are correlated with the level of activity in cryto currency and especially bitcoin and ether.\"</p><p>Ellis says investors need to have at least a one-year long-term investment strategy in bitcoin, which could still go to zero by some bearish accounts, but a three-year outlook is even better, because the crypto complex has tended to operate in three-year cycles of boom and then bust.</p><p><b>Validation for crypto or a top?</b></p><p>Some bulls see Coinbase as validation for the nascent crpyto industry.</p><p>Alex Mashinsky, head of crypto-lending and trading platform Celsius Network, put it this way:</p><p>\"We look at the Coinbase listing as an additional validation of the space, and a major PR opportunity for the entire industry to shine as the future of finance,\" he told MarketWatch via email.</p><p>\"Coinbase has more users and more revenues than many of the largest Wall Street players and is more profitable than any major exchange, and this validation puts most skeptics at a crossroads having to re-evaluate their denial and frustration with the disruption coming at them from all sides.\"</p><p>Others suggest that it may prove a new top for the market and put crypto prices under pressure after a precipitous rally in recent days and a fresh record for bitcoin.</p><p>Yves Lamoureux, the president of Montreal-based macroeconomic research firm Lamoureux &amp; Co., told MarketWatch that he is fearful that too much euphoria surrounds bitcoin and crypto and sees it due for a retrenchment as a result. \"Can you find out-there anyone with a bearish viewpoint?\" he asked. \"A resounding no,\" said Lamoureux.</p><p><b>Is Coinbase the largest crypto exchange?</b></p><p>Coinbase is the second-largest crypto platform, but the largest in the U.S., by volume. The title of largest goes to Binance, which sees $47 billion in crypto trading volume in a 24-hour period, according to CoinMarketCap.com .</p><p><b>Who else owns Coinbase?</b></p><p>Venture-capital firm Andreessen Horowitz, is the largest owner of Coinbase, boasting about 25% of Class A shares  and 14%% of Class B. And Marc Andreessen, head of the venture capital outfit, sits on Coinbase's board.</p><p><b>Other facts</b></p><p>For those aiming for an even deeper dive into Coinbase, check out MarketWatch's <a href=\"https://laohu8.com/NW/2116458171\" target=\"_blank\">5 things to know about the company</a>.</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>Coinbase IPO: Everything you need to know about the ‘watershed moment’ in crypto</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 IPO: Everything you need to know about the ‘watershed moment’ in crypto\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-14 09:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/coinbase-ipo-everything-you-need-to-know-about-the-watershed-moment-in-crypto-11618350086?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>'That said, investing in Coinbase is not for the faint of heart, as the business--and the stock--will likely see dramatic, potentially protracted, swings,' MoffettNathanson's Ellis writesHere comes ...</p>\n\n<a href=\"https://www.marketwatch.com/story/coinbase-ipo-everything-you-need-to-know-about-the-watershed-moment-in-crypto-11618350086?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://www.marketwatch.com/story/coinbase-ipo-everything-you-need-to-know-about-the-watershed-moment-in-crypto-11618350086?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2127454000","content_text":"'That said, investing in Coinbase is not for the faint of heart, as the business--and the stock--will likely see dramatic, potentially protracted, swings,' MoffettNathanson's Ellis writesHere comes the Coinbase IPO! Photographer: Tiffany Hagler-Geard/BloombergCoinbase is the talk of Wall Street, as the largest crypto platform in the U.S. gears up for its public debut on a traditional exchange Wednesday, through a direct listing.There is no doubt that the public offering of Coinbase is a big deal in the world of crypto. The company was created just over a decade ago with the genesis of bitcoin  and is now in the midst of a moment that many in the industry have described as a tipping point .There are few ways to get direct ownership of crypto currencies, outside of buying them directly, a service that Coinbase provides for a fee, and what investors appear willing to be pay up for.Leeor Shimron, analyst at FundStrat Global Advisors, described the Coinbase listing as seminal. \"Coinbase's direct listing is a watershed moment for the crypto industry.\"Wedbush analyst Dan Ives said the listing is a reflection of the crypto's mainstream evolution.\"Coinbase is a foundational piece of the crypto ecosystem and is a barometer for the growing mainstream adoption of Bitcoin and crypto for the coming years in our opinion,\" he wrote in a research note Tuesday.Some caution that the implied valuations for Coinbase as a crypto exchange are too lofty , the parent company of the New York Stock Exchange.In a direct listing, a company floats its shares on a stock exchange, but without hiring banks to underwrite the transaction, like in an IPO.Here's what you need to know about the coming offering.What is Coinbase?The Silicon Valley crypto exchange was co-founded in 2012 by Brian Armstrong, 38, who runs the platform as chief executive. Fred Ehrsam, a Coinbase director, also helped to create the company.According to Forbes , Armstrong's networth is currently $6.5 billion based on his ownership in the company and his wealth is likely to increase if the direct listing goes off successfully.When will Coinbase go public?Coinbase will list on April 14. The precise timing of the list isn't clear but Palantir Technologies Inc.'s (PLTR)direct listing   after 1:30 p.m. Eastern Time.Where will it list?Coinbase is set to go public on the Nasdaq under the ticker symbol \"COIN\" as a direct listing, meaning it isn't raising any new money, as a company would under a traditional IPO.Coinbase is the Nasdaq's first major direct listing, with Spotify $(SPOT)$, Slack Technologies (WORK) and most recently Palantir Technologies (PLTR) all opting to directly list at the NYSE.Valuations?Valuations for Coinbase vary from $50 billion to $150 billion based on some decentralized crypto platforms that attempt to replicate how the company's shares might trade. At the top end of the spectrum, Coinbase would be bigger than a number of U.S. exchanges, including ICE, Nasdaq, CME Group $(CME)$ and Cboe Global Markets $(CBOE)$.David Trainer, CEO of New Constructs, an investment research firm, said the crypto platform's value is ridiculously high. \"Even though Coinbase's revenue surged over the past 12 months, the company has little-to-no-chance of meeting the future profit expectations that are baked into its ridiculously high expected valuation of $100 billion,\" he said.\"Coinbase's expected valuation of $100 billion implies that its revenue will be 1.5x the combined 2020 revenues of two of the most established exchanges in the marketplace, Nasdaq Inc. $(NDAQ)$ and Intercontinental Exchange $(ICE)$, the parent company of the New York Stock Exchange,\" he said.Trainer said that based on his calculation, Coinbase's valuation should be closer to $18.9 billion--an 81% decrease from the $100 billion expected valuation.'Not for the faint of heart'MoffettNathanson analyst Lisa Ellis explained to MarketWatch why the offering is, as she describes it \"not for the faint of heart,\" but why she initiated coverage of the exchange at a buy with a price-target of $600, even before it sees its first trade on the Nasdaq.\"I'm super super bullish on Coinbase...because you get the sense that they are a market leader in the space and crypto agnostic,\" she said.That said, she acknowledges that currently 90% of Coinbase's revenues are derived directly from retail trading, with most in the U.S. and trading centered primarily on the two largest cryptos: bitcoin and Ether  on the ethereum blockchain.\"So the implications is that Coinbase's revenues are correlated with the level of activity in cryto currency and especially bitcoin and ether.\"Ellis says investors need to have at least a one-year long-term investment strategy in bitcoin, which could still go to zero by some bearish accounts, but a three-year outlook is even better, because the crypto complex has tended to operate in three-year cycles of boom and then bust.Validation for crypto or a top?Some bulls see Coinbase as validation for the nascent crpyto industry.Alex Mashinsky, head of crypto-lending and trading platform Celsius Network, put it this way:\"We look at the Coinbase listing as an additional validation of the space, and a major PR opportunity for the entire industry to shine as the future of finance,\" he told MarketWatch via email.\"Coinbase has more users and more revenues than many of the largest Wall Street players and is more profitable than any major exchange, and this validation puts most skeptics at a crossroads having to re-evaluate their denial and frustration with the disruption coming at them from all sides.\"Others suggest that it may prove a new top for the market and put crypto prices under pressure after a precipitous rally in recent days and a fresh record for bitcoin.Yves Lamoureux, the president of Montreal-based macroeconomic research firm Lamoureux & Co., told MarketWatch that he is fearful that too much euphoria surrounds bitcoin and crypto and sees it due for a retrenchment as a result. \"Can you find out-there anyone with a bearish viewpoint?\" he asked. \"A resounding no,\" said Lamoureux.Is Coinbase the largest crypto exchange?Coinbase is the second-largest crypto platform, but the largest in the U.S., by volume. The title of largest goes to Binance, which sees $47 billion in crypto trading volume in a 24-hour period, according to CoinMarketCap.com .Who else owns Coinbase?Venture-capital firm Andreessen Horowitz, is the largest owner of Coinbase, boasting about 25% of Class A shares  and 14%% of Class B. And Marc Andreessen, head of the venture capital outfit, sits on Coinbase's board.Other factsFor those aiming for an even deeper dive into Coinbase, check out MarketWatch's 5 things to know about the company.","news_type":1},"isVote":1,"tweetType":1,"viewCount":356,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":818331687,"gmtCreate":1630374948749,"gmtModify":1676530284435,"author":{"id":"3581472743019515","authorId":"3581472743019515","authorIdStr":"3581472743019515","name":"sqsq123","avatar":"https://static.tigerbbs.com/785195472d548d1e809574255456222e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581472743019515"},"themes":[],"htmlText":"Nice!!!!!","listText":"Nice!!!!!","text":"Nice!!!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/818331687","repostId":"1111747177","repostType":4,"repost":{"id":"1111747177","pubTimestamp":1630374318,"share":"https://ttm.financial/m/news/1111747177?lang=&edition=fundamental","pubTime":"2021-08-31 09:45","market":"hk","language":"en","title":"China’s Services Sector Contracts Amid Delta Virus Outbreak","url":"https://stock-news.laohu8.com/highlight/detail?id=1111747177","media":"Bloomberg","summary":"China’s economy took a knock from the delta virus outbreak in August, with the services industry con","content":"<p>China’s economy took a knock from the delta virus outbreak in August, with the services industry contracting for the first time since March last year and manufacturing hit by supply-chain problems.</p>\n<p>The official manufacturing purchasing managers’ index fell to 50.1 from 50.4 in July, the National Bureau of Statistics said Tuesday, slightly lower than the 50.2 median estimate in a Bloomberg survey of economists. The non-manufacturing gauge, which measures activity in the construction and services sectors, slumped to 47.5, signaling a contraction for the first time since the initial virus cases in the first quarter last year.</p>\n<p><img src=\"https://static.tigerbbs.com/36422d3167b10059e228bf2f913953f9\" tg-width=\"1200\" tg-height=\"675\" referrerpolicy=\"no-referrer\">China imposed stringent measures, including travel curbs, mass testing and quarantines, for about a month to bring a new wave of Covid casesunder control. The outbreak was the most widespread since the initial flareup in 2020, sweeping across nearly 50 cities in 17 provinces in the country. Confidence among businesses weakened and consumers cut back on spending after authorities rushed to close tourist sites, call off cultural events and cancel flights.</p>\n<p>“Today’s data again reflected the outsized and asymmetric shock on the service sector from Covid-related restrictions,” said Liu Peiqian, China economist at Natwest Markets in Singapore. While there’s room for a rebound in services PMI in coming months as the outbreak is under control, any future Covid outbreak domestically will continue to weigh on the sector, she said.</p>\n<p>Exports also took a knock despite some overseas buyers placing their Christmas ordersearlierthan in previous years, worried about the risk of delayed shipments. The new export orders sub-index declined to 46.7 in August from 47.7 in July, while the new orders sub-index dropped to 49.6 from 50.9.</p>\n<p>Exporters have faced a number of challenges this year, like container shortages and excessive freight charges.</p>\n<p>Beyond the virus outbreaks, the economy’s recovery is also showingsignsof faltering in the wake of recent regulatory crackdowns and weak demand at home. The central bank hassignaledit may provide more targeted support for some industries, while the government has pledged to accelerate fiscal spending in the second half of the year, helping to cushion growth.</p>\n<p>Other key highlights from the PMI data:</p>\n<ul>\n <li>Sub-index for manufacturing jobs was unchanged at 49.6; non-manufacturing employment decreased to 47</li>\n <li>Construction sub-index rose to 60.5 from 57.5 in July</li>\n <li>Price pressures on manufacturers eased in the month, with input and output prices declining slightly</li>\n</ul>","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>China’s Services Sector Contracts Amid Delta Virus Outbreak</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\">\nChina’s Services Sector Contracts Amid Delta Virus Outbreak\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-31 09:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-31/china-s-economic-activity-weakens-in-august-amid-delta-outbreak?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>China’s economy took a knock from the delta virus outbreak in August, with the services industry contracting for the first time since March last year and manufacturing hit by supply-chain problems.\n...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-31/china-s-economic-activity-weakens-in-august-amid-delta-outbreak?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"399001":"深证成指","399006":"创业板指","000001.SH":"上证指数","HSI":"恒生指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-31/china-s-economic-activity-weakens-in-august-amid-delta-outbreak?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111747177","content_text":"China’s economy took a knock from the delta virus outbreak in August, with the services industry contracting for the first time since March last year and manufacturing hit by supply-chain problems.\nThe official manufacturing purchasing managers’ index fell to 50.1 from 50.4 in July, the National Bureau of Statistics said Tuesday, slightly lower than the 50.2 median estimate in a Bloomberg survey of economists. The non-manufacturing gauge, which measures activity in the construction and services sectors, slumped to 47.5, signaling a contraction for the first time since the initial virus cases in the first quarter last year.\nChina imposed stringent measures, including travel curbs, mass testing and quarantines, for about a month to bring a new wave of Covid casesunder control. The outbreak was the most widespread since the initial flareup in 2020, sweeping across nearly 50 cities in 17 provinces in the country. Confidence among businesses weakened and consumers cut back on spending after authorities rushed to close tourist sites, call off cultural events and cancel flights.\n“Today’s data again reflected the outsized and asymmetric shock on the service sector from Covid-related restrictions,” said Liu Peiqian, China economist at Natwest Markets in Singapore. While there’s room for a rebound in services PMI in coming months as the outbreak is under control, any future Covid outbreak domestically will continue to weigh on the sector, she said.\nExports also took a knock despite some overseas buyers placing their Christmas ordersearlierthan in previous years, worried about the risk of delayed shipments. The new export orders sub-index declined to 46.7 in August from 47.7 in July, while the new orders sub-index dropped to 49.6 from 50.9.\nExporters have faced a number of challenges this year, like container shortages and excessive freight charges.\nBeyond the virus outbreaks, the economy’s recovery is also showingsignsof faltering in the wake of recent regulatory crackdowns and weak demand at home. The central bank hassignaledit may provide more targeted support for some industries, while the government has pledged to accelerate fiscal spending in the second half of the year, helping to cushion growth.\nOther key highlights from the PMI data:\n\nSub-index for manufacturing jobs was unchanged at 49.6; non-manufacturing employment decreased to 47\nConstruction sub-index rose to 60.5 from 57.5 in July\nPrice pressures on manufacturers eased in the month, with input and output prices declining slightly","news_type":1},"isVote":1,"tweetType":1,"viewCount":301,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371407784,"gmtCreate":1618964243748,"gmtModify":1704717505367,"author":{"id":"3581472743019515","authorId":"3581472743019515","authorIdStr":"3581472743019515","name":"sqsq123","avatar":"https://static.tigerbbs.com/785195472d548d1e809574255456222e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581472743019515"},"themes":[],"htmlText":"Going downnn :(","listText":"Going downnn :(","text":"Going downnn :(","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/371407784","repostId":"1193623399","repostType":4,"isVote":1,"tweetType":1,"viewCount":667,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344123608,"gmtCreate":1618389131204,"gmtModify":1704710040869,"author":{"id":"3581472743019515","authorId":"3581472743019515","authorIdStr":"3581472743019515","name":"sqsq123","avatar":"https://static.tigerbbs.com/785195472d548d1e809574255456222e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581472743019515"},"themes":[],"htmlText":"Upup!","listText":"Upup!","text":"Upup!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/344123608","repostId":"1120508319","repostType":4,"repost":{"id":"1120508319","pubTimestamp":1618387670,"share":"https://ttm.financial/m/news/1120508319?lang=&edition=fundamental","pubTime":"2021-04-14 16:07","market":"us","language":"en","title":"Apple Stock Could Rise From Strength In This Key Segment","url":"https://stock-news.laohu8.com/highlight/detail?id=1120508319","media":"TheStreet","summary":"Industry-wide growth of over 30% in first quarter shipments, pricing power and market share gain. Th","content":"<p>Industry-wide growth of over 30% in first quarter shipments, pricing power and market share gain. This key product segment could impress investors in the earnings season and boost Apple stock.</p>\n<p>Third-party research data on calendar first quarter personal computing sales has started to pour in. Depending on who is asked,IDCorGartner, PC shipments have increased by an impressive 32% to 55% in the March period.</p>\n<p>Apple stock could benefit from what I believe will likely be outstanding Mac segment revenue growth that might reach 50% in fiscal second quarter, if not more.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8b822ed28699ac4889f20c09ed050e12\" tg-width=\"1208\" tg-height=\"598\"><span>Figure 1: MacBook Pro 13\"</span></p>\n<p><b>Industry-wide themes in PC</b></p>\n<p>At the personal computer industry level, the first three months of 2021 have benefitted primarily from dismal sales in the comparable 2020 quarter. Keep in mind that January through March of last year marked the initial stages of the COVID-19 crisis, and PC sales fell off a cliff at first.</p>\n<p>It is against a lowered bar that first quarter 2021 PC shipments have likely dazzled. To be fair, however, easy comps do not fully explain why recent sales have impressed. IDC’s research manager elaborates:</p>\n<blockquote>\n “Unfulfilled demand from the past year has carried forward into the first quarter and additional demand brought on by the pandemic has also continued to drive volume. [In addition, although not reflected in unit shipment numbers], the market continues to struggle with setbacks including component shortages and logistics issues, each of which has contributed to an increase in average selling prices.”\n</blockquote>\n<p>From the preliminary data provided by the research companies, here is what else we know about computer sales in Q1:</p>\n<ul>\n <li>Lenovo continues to lead the industry, with 24% to 25% of market share, followed closely by Windows-based peers HP and Dell;</li>\n <li>Despite holding the number 3 position in the market, Dell may have been the relative loser in first quarter device shipments;</li>\n <li>Apple remains a distant fourth-place player in the PC arena, although its market share seems to have increased by at least one percentage point to 8%.</li>\n</ul>\n<p><b>How Apple stock could benefit</b></p>\n<p>The Mac accounted for only 10% of Apple’s fiscal 2020 total revenues, and an even lower 8% during the more normalized 2019 period. Therefore, it is fair to say that PC sales probably do not carry as much weight in determining Apple stock price as does the iPhone, for example.</p>\n<p>However, the Mac may have performed extraordinarily well this time. In revenue growth terms, I believe that fiscal second period will likely be the best quarter for the segment in the past decade, at the very least. See graph below.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6ccacd426c33df7f30fe998d6e8fc224\" tg-width=\"880\" tg-height=\"492\"><span>Figure 2: Mac revenue growth since fiscal 2019.</span></p>\n<p>Should Mac growth reach my projection above, for example, I estimate that the segment alone could be responsible for about 6 percentage points of top-line increase to the entire company’s sales. This is the type of performance that might catch investors’ attention, and maybe nudge Apple shares higher.</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>Apple Stock Could Rise From Strength In This Key Segment</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Stock Could Rise From Strength In This Key Segment\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-14 16:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/other-products/apple-stock-could-rise-from-strength-in-this-key-segment><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Industry-wide growth of over 30% in first quarter shipments, pricing power and market share gain. This key product segment could impress investors in the earnings season and boost Apple stock.\nThird-...</p>\n\n<a href=\"https://www.thestreet.com/apple/other-products/apple-stock-could-rise-from-strength-in-this-key-segment\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/other-products/apple-stock-could-rise-from-strength-in-this-key-segment","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120508319","content_text":"Industry-wide growth of over 30% in first quarter shipments, pricing power and market share gain. This key product segment could impress investors in the earnings season and boost Apple stock.\nThird-party research data on calendar first quarter personal computing sales has started to pour in. Depending on who is asked,IDCorGartner, PC shipments have increased by an impressive 32% to 55% in the March period.\nApple stock could benefit from what I believe will likely be outstanding Mac segment revenue growth that might reach 50% in fiscal second quarter, if not more.\nFigure 1: MacBook Pro 13\"\nIndustry-wide themes in PC\nAt the personal computer industry level, the first three months of 2021 have benefitted primarily from dismal sales in the comparable 2020 quarter. Keep in mind that January through March of last year marked the initial stages of the COVID-19 crisis, and PC sales fell off a cliff at first.\nIt is against a lowered bar that first quarter 2021 PC shipments have likely dazzled. To be fair, however, easy comps do not fully explain why recent sales have impressed. IDC’s research manager elaborates:\n\n “Unfulfilled demand from the past year has carried forward into the first quarter and additional demand brought on by the pandemic has also continued to drive volume. [In addition, although not reflected in unit shipment numbers], the market continues to struggle with setbacks including component shortages and logistics issues, each of which has contributed to an increase in average selling prices.”\n\nFrom the preliminary data provided by the research companies, here is what else we know about computer sales in Q1:\n\nLenovo continues to lead the industry, with 24% to 25% of market share, followed closely by Windows-based peers HP and Dell;\nDespite holding the number 3 position in the market, Dell may have been the relative loser in first quarter device shipments;\nApple remains a distant fourth-place player in the PC arena, although its market share seems to have increased by at least one percentage point to 8%.\n\nHow Apple stock could benefit\nThe Mac accounted for only 10% of Apple’s fiscal 2020 total revenues, and an even lower 8% during the more normalized 2019 period. Therefore, it is fair to say that PC sales probably do not carry as much weight in determining Apple stock price as does the iPhone, for example.\nHowever, the Mac may have performed extraordinarily well this time. In revenue growth terms, I believe that fiscal second period will likely be the best quarter for the segment in the past decade, at the very least. See graph below.\nFigure 2: Mac revenue growth since fiscal 2019.\nShould Mac growth reach my projection above, for example, I estimate that the segment alone could be responsible for about 6 percentage points of top-line increase to the entire company’s sales. This is the type of performance that might catch investors’ attention, and maybe nudge Apple shares higher.","news_type":1},"isVote":1,"tweetType":1,"viewCount":445,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9099265942,"gmtCreate":1643369569012,"gmtModify":1676533812029,"author":{"id":"3581472743019515","authorId":"3581472743019515","authorIdStr":"3581472743019515","name":"sqsq123","avatar":"https://static.tigerbbs.com/785195472d548d1e809574255456222e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581472743019515"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9099265942","repostId":"9004448317","repostType":1,"repost":{"id":9004448317,"gmtCreate":1642676525258,"gmtModify":1676533734534,"author":{"id":"3527667667103859","authorId":"3527667667103859","authorIdStr":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667667103859"},"themes":[],"title":"Join Tiger Ski Championship, Win a Bonus of Up to USD 2022","htmlText":"2022 is the Year of Tiger in Chinese lunar calendar, it’s also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and it’s very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: <a href=\"https://www.tigerbrokers.com.sg/activity/market/2022/happy-new-year/#/\" target=\"_blank\">Click to Join the Game</a>","listText":"2022 is the Year of Tiger in Chinese lunar calendar, it’s also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and it’s very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: <a href=\"https://www.tigerbrokers.com.sg/activity/market/2022/happy-new-year/#/\" target=\"_blank\">Click to Join the Game</a>","text":"2022 is the Year of Tiger in Chinese lunar calendar, it’s also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and it’s very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: Click to Join the Game","images":[{"img":"https://static.tigerbbs.com/a7b44fa056439fb4010fa55e163d27c3","width":"750","height":"1726"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004448317","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":2,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":336,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372534107,"gmtCreate":1619226674109,"gmtModify":1704721487535,"author":{"id":"3581472743019515","authorId":"3581472743019515","authorIdStr":"3581472743019515","name":"sqsq123","avatar":"https://static.tigerbbs.com/785195472d548d1e809574255456222e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581472743019515"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/DIS\">$Walt Disney(DIS)$</a>yayyyy!!","listText":"<a href=\"https://laohu8.com/S/DIS\">$Walt Disney(DIS)$</a>yayyyy!!","text":"$Walt Disney(DIS)$yayyyy!!","images":[{"img":"https://static.tigerbbs.com/d7eb3d28527461ef72aed3d13f0961de","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372534107","isVote":1,"tweetType":1,"viewCount":269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":344126572,"gmtCreate":1618389312296,"gmtModify":1704710044594,"author":{"id":"3581472743019515","authorId":"3581472743019515","authorIdStr":"3581472743019515","name":"sqsq123","avatar":"https://static.tigerbbs.com/785195472d548d1e809574255456222e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581472743019515"},"themes":[],"htmlText":"Upup! Help like pls!","listText":"Upup! Help like pls!","text":"Upup! Help like pls!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/344126572","repostId":"1152817730","repostType":4,"isVote":1,"tweetType":1,"viewCount":438,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344129644,"gmtCreate":1618389073788,"gmtModify":1704710039417,"author":{"id":"3581472743019515","authorId":"3581472743019515","authorIdStr":"3581472743019515","name":"sqsq123","avatar":"https://static.tigerbbs.com/785195472d548d1e809574255456222e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581472743019515"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ES3.SI\">$STI ETF(ES3.SI)$</a>upup!","listText":"<a href=\"https://laohu8.com/S/ES3.SI\">$STI ETF(ES3.SI)$</a>upup!","text":"$STI ETF(ES3.SI)$upup!","images":[{"img":"https://static.tigerbbs.com/84eaf911489f00a87509991ca50ecd7a","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/344129644","isVote":1,"tweetType":1,"viewCount":375,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":344165955,"gmtCreate":1618388750377,"gmtModify":1704710032780,"author":{"id":"3581472743019515","authorId":"3581472743019515","authorIdStr":"3581472743019515","name":"sqsq123","avatar":"https://static.tigerbbs.com/785195472d548d1e809574255456222e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581472743019515"},"themes":[],"htmlText":"Crypto ftw!","listText":"Crypto ftw!","text":"Crypto ftw!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/344165955","repostId":"2127454000","repostType":4,"repost":{"id":"2127454000","pubTimestamp":1618364092,"share":"https://ttm.financial/m/news/2127454000?lang=&edition=fundamental","pubTime":"2021-04-14 09:34","market":"us","language":"en","title":"Coinbase IPO: Everything you need to know about the ‘watershed moment’ in crypto","url":"https://stock-news.laohu8.com/highlight/detail?id=2127454000","media":"MarketWatch","summary":"'That said, investing in Coinbase is not for the faint of heart, as the business--and the stock--wil","content":"<p>'That said, investing in Coinbase is not for the faint of heart, as the business--and the stock--will likely see dramatic, potentially protracted, swings,' MoffettNathanson's Ellis writes</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9a8244209cb653b4d9e43e2d729863b9\" tg-width=\"620\" tg-height=\"414\" referrerpolicy=\"no-referrer\"><span>Here comes the Coinbase IPO! Photographer: Tiffany Hagler-Geard/Bloomberg</span></p><p>Coinbase is the talk of Wall Street, as the largest crypto platform in the U.S. gears up for its public debut on a traditional exchange Wednesday, through a direct listing.</p><p>There is no doubt that the public offering of Coinbase is a big deal in the world of crypto. The company was created just over a decade ago with the genesis of bitcoin  and is now in the midst of a moment that many in the industry have described as a tipping point .</p><p>There are few ways to get direct ownership of crypto currencies, outside of buying them directly, a service that Coinbase provides for a fee, and what investors appear willing to be pay up for.</p><p>Leeor Shimron, analyst at FundStrat Global Advisors, described the Coinbase listing as seminal. \"Coinbase's direct listing is a watershed moment for the crypto industry.\"</p><p>Wedbush analyst Dan Ives said the listing is a reflection of the crypto's mainstream evolution.</p><p>\"Coinbase is a foundational piece of the crypto ecosystem and is a barometer for the growing mainstream adoption of Bitcoin and crypto for the coming years in our opinion,\" he wrote in a research note Tuesday.</p><p>Some caution that the implied valuations for Coinbase as a crypto exchange are too lofty , the parent company of the New York Stock Exchange.</p><p>In a direct listing, a company floats its shares on a stock exchange, but without hiring banks to underwrite the transaction, like in an IPO.</p><p>Here's what you need to know about the coming offering.</p><p><b>What is Coinbase?</b></p><p>The Silicon Valley crypto exchange was co-founded in 2012 by Brian Armstrong, 38, who runs the platform as chief executive. Fred Ehrsam, a Coinbase director, also helped to create the company.</p><p>According to Forbes , Armstrong's networth is currently $6.5 billion based on his ownership in the company and his wealth is likely to increase if the direct listing goes off successfully.</p><p><b>When will Coinbase go public?</b></p><p>Coinbase will list on April 14. The precise timing of the list isn't clear but <a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies Inc.</a>'s (PLTR)direct listing   after 1:30 p.m. Eastern Time.</p><p><b>Where will it list?</b></p><p>Coinbase is set to go public on the Nasdaq under the ticker symbol \"COIN\" as a direct listing, meaning it isn't raising any new money, as a company would under a traditional IPO.</p><p>Coinbase is the Nasdaq's first major direct listing, with Spotify <a href=\"https://laohu8.com/S/SPOT\">$(SPOT)$</a>, <a href=\"https://laohu8.com/S/WORK\">Slack Technologies</a> (WORK) and most recently Palantir Technologies (PLTR) all opting to directly list at the NYSE.</p><p><b>Valuations?</b></p><p>Valuations for Coinbase vary from $50 billion to $150 billion based on some decentralized crypto platforms that attempt to replicate how the company's shares might trade. At the top end of the spectrum, Coinbase would be bigger than a number of U.S. exchanges, including ICE, Nasdaq, CME Group <a href=\"https://laohu8.com/S/CME\">$(CME)$</a> and Cboe Global Markets <a href=\"https://laohu8.com/S/CBOE\">$(CBOE)$</a>.</p><p><img src=\"https://static.tigerbbs.com/d2200134a14a3d37a8a656d85f6906c0\" tg-width=\"955\" tg-height=\"657\" referrerpolicy=\"no-referrer\"></p><p>David Trainer, CEO of New Constructs, an investment research firm, said the crypto platform's value is ridiculously high. \"Even though Coinbase's revenue surged over the past 12 months, the company has little-to-no-chance of meeting the future profit expectations that are baked into its ridiculously high expected valuation of $100 billion,\" he said.</p><p>\"Coinbase's expected valuation of $100 billion implies that its revenue will be 1.5x the combined 2020 revenues of two of the most established exchanges in the marketplace, Nasdaq Inc. <a href=\"https://laohu8.com/S/NDAQ\">$(NDAQ)$</a> and Intercontinental Exchange <a href=\"https://laohu8.com/S/ICE\">$(ICE)$</a>, the parent company of the New York Stock Exchange,\" he said.</p><p>Trainer said that based on his calculation, Coinbase's valuation should be closer to $18.9 billion--an 81% decrease from the $100 billion expected valuation.</p><p><b>'Not for the faint of heart'</b></p><p>MoffettNathanson analyst Lisa Ellis explained to MarketWatch why the offering is, as she describes it \"not for the faint of heart,\" but why she initiated coverage of the exchange at a buy with a price-target of $600, even before it sees its first trade on the Nasdaq.</p><p>\"I'm super super bullish on Coinbase...because you get the sense that they are a market leader in the space and crypto agnostic,\" she said.</p><p>That said, she acknowledges that currently 90% of Coinbase's revenues are derived directly from retail trading, with most in the U.S. and trading centered primarily on the two largest cryptos: bitcoin and Ether  on the ethereum blockchain.</p><p>\"So the implications is that Coinbase's revenues are correlated with the level of activity in cryto currency and especially bitcoin and ether.\"</p><p>Ellis says investors need to have at least a one-year long-term investment strategy in bitcoin, which could still go to zero by some bearish accounts, but a three-year outlook is even better, because the crypto complex has tended to operate in three-year cycles of boom and then bust.</p><p><b>Validation for crypto or a top?</b></p><p>Some bulls see Coinbase as validation for the nascent crpyto industry.</p><p>Alex Mashinsky, head of crypto-lending and trading platform Celsius Network, put it this way:</p><p>\"We look at the Coinbase listing as an additional validation of the space, and a major PR opportunity for the entire industry to shine as the future of finance,\" he told MarketWatch via email.</p><p>\"Coinbase has more users and more revenues than many of the largest Wall Street players and is more profitable than any major exchange, and this validation puts most skeptics at a crossroads having to re-evaluate their denial and frustration with the disruption coming at them from all sides.\"</p><p>Others suggest that it may prove a new top for the market and put crypto prices under pressure after a precipitous rally in recent days and a fresh record for bitcoin.</p><p>Yves Lamoureux, the president of Montreal-based macroeconomic research firm Lamoureux &amp; Co., told MarketWatch that he is fearful that too much euphoria surrounds bitcoin and crypto and sees it due for a retrenchment as a result. \"Can you find out-there anyone with a bearish viewpoint?\" he asked. \"A resounding no,\" said Lamoureux.</p><p><b>Is Coinbase the largest crypto exchange?</b></p><p>Coinbase is the second-largest crypto platform, but the largest in the U.S., by volume. The title of largest goes to Binance, which sees $47 billion in crypto trading volume in a 24-hour period, according to CoinMarketCap.com .</p><p><b>Who else owns Coinbase?</b></p><p>Venture-capital firm Andreessen Horowitz, is the largest owner of Coinbase, boasting about 25% of Class A shares  and 14%% of Class B. And Marc Andreessen, head of the venture capital outfit, sits on Coinbase's board.</p><p><b>Other facts</b></p><p>For those aiming for an even deeper dive into Coinbase, check out MarketWatch's <a href=\"https://laohu8.com/NW/2116458171\" target=\"_blank\">5 things to know about the company</a>.</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>Coinbase IPO: Everything you need to know about the ‘watershed moment’ in crypto</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 IPO: Everything you need to know about the ‘watershed moment’ in crypto\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-14 09:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/coinbase-ipo-everything-you-need-to-know-about-the-watershed-moment-in-crypto-11618350086?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>'That said, investing in Coinbase is not for the faint of heart, as the business--and the stock--will likely see dramatic, potentially protracted, swings,' MoffettNathanson's Ellis writesHere comes ...</p>\n\n<a href=\"https://www.marketwatch.com/story/coinbase-ipo-everything-you-need-to-know-about-the-watershed-moment-in-crypto-11618350086?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://www.marketwatch.com/story/coinbase-ipo-everything-you-need-to-know-about-the-watershed-moment-in-crypto-11618350086?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2127454000","content_text":"'That said, investing in Coinbase is not for the faint of heart, as the business--and the stock--will likely see dramatic, potentially protracted, swings,' MoffettNathanson's Ellis writesHere comes the Coinbase IPO! Photographer: Tiffany Hagler-Geard/BloombergCoinbase is the talk of Wall Street, as the largest crypto platform in the U.S. gears up for its public debut on a traditional exchange Wednesday, through a direct listing.There is no doubt that the public offering of Coinbase is a big deal in the world of crypto. The company was created just over a decade ago with the genesis of bitcoin  and is now in the midst of a moment that many in the industry have described as a tipping point .There are few ways to get direct ownership of crypto currencies, outside of buying them directly, a service that Coinbase provides for a fee, and what investors appear willing to be pay up for.Leeor Shimron, analyst at FundStrat Global Advisors, described the Coinbase listing as seminal. \"Coinbase's direct listing is a watershed moment for the crypto industry.\"Wedbush analyst Dan Ives said the listing is a reflection of the crypto's mainstream evolution.\"Coinbase is a foundational piece of the crypto ecosystem and is a barometer for the growing mainstream adoption of Bitcoin and crypto for the coming years in our opinion,\" he wrote in a research note Tuesday.Some caution that the implied valuations for Coinbase as a crypto exchange are too lofty , the parent company of the New York Stock Exchange.In a direct listing, a company floats its shares on a stock exchange, but without hiring banks to underwrite the transaction, like in an IPO.Here's what you need to know about the coming offering.What is Coinbase?The Silicon Valley crypto exchange was co-founded in 2012 by Brian Armstrong, 38, who runs the platform as chief executive. Fred Ehrsam, a Coinbase director, also helped to create the company.According to Forbes , Armstrong's networth is currently $6.5 billion based on his ownership in the company and his wealth is likely to increase if the direct listing goes off successfully.When will Coinbase go public?Coinbase will list on April 14. The precise timing of the list isn't clear but Palantir Technologies Inc.'s (PLTR)direct listing   after 1:30 p.m. Eastern Time.Where will it list?Coinbase is set to go public on the Nasdaq under the ticker symbol \"COIN\" as a direct listing, meaning it isn't raising any new money, as a company would under a traditional IPO.Coinbase is the Nasdaq's first major direct listing, with Spotify $(SPOT)$, Slack Technologies (WORK) and most recently Palantir Technologies (PLTR) all opting to directly list at the NYSE.Valuations?Valuations for Coinbase vary from $50 billion to $150 billion based on some decentralized crypto platforms that attempt to replicate how the company's shares might trade. At the top end of the spectrum, Coinbase would be bigger than a number of U.S. exchanges, including ICE, Nasdaq, CME Group $(CME)$ and Cboe Global Markets $(CBOE)$.David Trainer, CEO of New Constructs, an investment research firm, said the crypto platform's value is ridiculously high. \"Even though Coinbase's revenue surged over the past 12 months, the company has little-to-no-chance of meeting the future profit expectations that are baked into its ridiculously high expected valuation of $100 billion,\" he said.\"Coinbase's expected valuation of $100 billion implies that its revenue will be 1.5x the combined 2020 revenues of two of the most established exchanges in the marketplace, Nasdaq Inc. $(NDAQ)$ and Intercontinental Exchange $(ICE)$, the parent company of the New York Stock Exchange,\" he said.Trainer said that based on his calculation, Coinbase's valuation should be closer to $18.9 billion--an 81% decrease from the $100 billion expected valuation.'Not for the faint of heart'MoffettNathanson analyst Lisa Ellis explained to MarketWatch why the offering is, as she describes it \"not for the faint of heart,\" but why she initiated coverage of the exchange at a buy with a price-target of $600, even before it sees its first trade on the Nasdaq.\"I'm super super bullish on Coinbase...because you get the sense that they are a market leader in the space and crypto agnostic,\" she said.That said, she acknowledges that currently 90% of Coinbase's revenues are derived directly from retail trading, with most in the U.S. and trading centered primarily on the two largest cryptos: bitcoin and Ether  on the ethereum blockchain.\"So the implications is that Coinbase's revenues are correlated with the level of activity in cryto currency and especially bitcoin and ether.\"Ellis says investors need to have at least a one-year long-term investment strategy in bitcoin, which could still go to zero by some bearish accounts, but a three-year outlook is even better, because the crypto complex has tended to operate in three-year cycles of boom and then bust.Validation for crypto or a top?Some bulls see Coinbase as validation for the nascent crpyto industry.Alex Mashinsky, head of crypto-lending and trading platform Celsius Network, put it this way:\"We look at the Coinbase listing as an additional validation of the space, and a major PR opportunity for the entire industry to shine as the future of finance,\" he told MarketWatch via email.\"Coinbase has more users and more revenues than many of the largest Wall Street players and is more profitable than any major exchange, and this validation puts most skeptics at a crossroads having to re-evaluate their denial and frustration with the disruption coming at them from all sides.\"Others suggest that it may prove a new top for the market and put crypto prices under pressure after a precipitous rally in recent days and a fresh record for bitcoin.Yves Lamoureux, the president of Montreal-based macroeconomic research firm Lamoureux & Co., told MarketWatch that he is fearful that too much euphoria surrounds bitcoin and crypto and sees it due for a retrenchment as a result. \"Can you find out-there anyone with a bearish viewpoint?\" he asked. \"A resounding no,\" said Lamoureux.Is Coinbase the largest crypto exchange?Coinbase is the second-largest crypto platform, but the largest in the U.S., by volume. The title of largest goes to Binance, which sees $47 billion in crypto trading volume in a 24-hour period, according to CoinMarketCap.com .Who else owns Coinbase?Venture-capital firm Andreessen Horowitz, is the largest owner of Coinbase, boasting about 25% of Class A shares  and 14%% of Class B. And Marc Andreessen, head of the venture capital outfit, sits on Coinbase's board.Other factsFor those aiming for an even deeper dive into Coinbase, check out MarketWatch's 5 things to know about the company.","news_type":1},"isVote":1,"tweetType":1,"viewCount":480,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}