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D9nny
2021-06-20
Interesting
ROKU Partners With TCL to Launch New TV models in the U.K.
D9nny
2021-06-16
Cool
Hong Kong to Spend a Record $13 Billion Redeveloping Homes
D9nny
2021-06-15
Nice
3 Commodity Stocks To Consider For Inflation
D9nny
2021-06-15
Hmm
Why Adobe Could Be Worth $590: A Promising Look Ahead Of Q2 Earnings
D9nny
2021-06-15
yes
Tesla, MicroStrategy, Riot Blockchain Stocks Up As Bitcoin Regains Strength At $40,000 Level
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22:15","market":"us","language":"en","title":"ROKU Partners With TCL to Launch New TV models in the U.K.","url":"https://stock-news.laohu8.com/highlight/detail?id=2144077147","media":"Zacks","summary":"Roku, Inc. ROKU is expanding its footprint in the U.K. Recently, the company partnered with TCS Elec","content":"<p><b>Roku, Inc. </b>ROKU is expanding its footprint in the U.K. Recently, the company partnered with TCS Electronics to launch TCL Roku TV models in the country.</p>\n<p>These models will be available in both HD and 4K UHD Resolution. The sizes for the smart TV will range from 32-65 inch.</p>\n<p>The TVs have been made available online at currys.co.uk. UK-based consumers can avail a discount voucher code of €20 following online registration.</p>\n<p>These TV models will be offering consumers automatic updates, customizable home screen, free and paid streaming, private listening through the free Roku mobile app, among other features.</p>\n<p>Starting at €229, TCL’s Roku TV models will offer streaming services like <b>Netflix</b> NFLX, Prime Video, <b>Walt Disney</b>’s DIS Disney+, <b>Apple</b>’s AAPL Apple TV+, NOW and others. These TV models also carry the Roku Channel, which offers 25000+ free movies and TV episodes.</p>\n<h3>Roku, Inc. Price and Consensus</h3>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3e50fe4d3bb710056cf8dc2ac53cd977\" tg-width=\"578\" tg-height=\"266\"><span>Roku, Inc. price-consensus-chart | Roku, Inc. Quote</span></p>\n<h3>Strong Content Lineup to Fend Off Competition</h3>\n<p>Expansion into the U.K. with the TCL partnership will boost Roku’s top-line growth. Apart from hardware enhancements, the company keeps innovating and adding new content to its portfolio to increase consumer engagements and attract consumers to its platform.</p>\n<p>For instance, Roku recently announced second season of Kevin Hart starrer <i>Die Hart</i>, named <i>Die Harter</i>. <i>Die Hart</i> is a comedy action series in which Kevin Hart plays a fictionalized version of himself to land a life-changing role of an action hero.</p>\n<p>Also, earlier this month the company announced <i>Roku Recommends</i>, which is a weekly entertainment show. In this 15-minute show, Roku will help consumers find movies and shows that are trending on the platform or what to watch next on the platform.</p>\n<p>Further, Roku announced that it has entered into an agreement with Saban Films. Per this agreement, the Roku Channel will get streaming rights to movies released by Saban Films and a selection of Saban’s 2021 film slate will release exclusively on the Roku Channel for free.</p>\n<p>Markedly, Roku faces stiff competition from other companies that provide TV streaming devices including Apple TV, Google TV and Amazon.</p>\n<p>In April, Apple announced the launch of the next generation of Apple TV 4K. This next generation offers A12 Bionic chip that offers enhanced graphics performance, video decoding and audio processing. This improved picture quality provides enhanced consumer experience and increases consumer traction. Moreover, Google TV will be launched by TCL in the coming months.</p>\n<p>Nevertheless, Roku is riding on surge in premium subscription signups for the Roku Channel. Launch of third-party streaming channels including Peacock, Disney+ and HBO Max is aiding user growth.</p>\n<p>Moreover, streaming hours growth is likely to boost TV streaming advertising on Roku’s platform, driving advertising revenues in the near term for this Zacks Rank #3 (Hold) company. </p>","source":"yahoofinance","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>ROKU Partners With TCL to Launch New TV models in the U.K.</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\">\nROKU Partners With TCL to Launch New TV models in the U.K.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 22:15 GMT+8 <a href=https://finance.yahoo.com/news/roku-partners-tcl-launch-tv-131501084.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Roku, Inc. ROKU is expanding its footprint in the U.K. Recently, the company partnered with TCS Electronics to launch TCL Roku TV models in the country.\nThese models will be available in both HD and ...</p>\n\n<a href=\"https://finance.yahoo.com/news/roku-partners-tcl-launch-tv-131501084.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ROKU":"Roku Inc","AAPL":"苹果","NGD":"New Gold","DIS":"迪士尼"},"source_url":"https://finance.yahoo.com/news/roku-partners-tcl-launch-tv-131501084.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2144077147","content_text":"Roku, Inc. ROKU is expanding its footprint in the U.K. Recently, the company partnered with TCS Electronics to launch TCL Roku TV models in the country.\nThese models will be available in both HD and 4K UHD Resolution. The sizes for the smart TV will range from 32-65 inch.\nThe TVs have been made available online at currys.co.uk. UK-based consumers can avail a discount voucher code of €20 following online registration.\nThese TV models will be offering consumers automatic updates, customizable home screen, free and paid streaming, private listening through the free Roku mobile app, among other features.\nStarting at €229, TCL’s Roku TV models will offer streaming services like Netflix NFLX, Prime Video, Walt Disney’s DIS Disney+, Apple’s AAPL Apple TV+, NOW and others. These TV models also carry the Roku Channel, which offers 25000+ free movies and TV episodes.\nRoku, Inc. Price and Consensus\nRoku, Inc. price-consensus-chart | Roku, Inc. Quote\nStrong Content Lineup to Fend Off Competition\nExpansion into the U.K. with the TCL partnership will boost Roku’s top-line growth. Apart from hardware enhancements, the company keeps innovating and adding new content to its portfolio to increase consumer engagements and attract consumers to its platform.\nFor instance, Roku recently announced second season of Kevin Hart starrer Die Hart, named Die Harter. Die Hart is a comedy action series in which Kevin Hart plays a fictionalized version of himself to land a life-changing role of an action hero.\nAlso, earlier this month the company announced Roku Recommends, which is a weekly entertainment show. In this 15-minute show, Roku will help consumers find movies and shows that are trending on the platform or what to watch next on the platform.\nFurther, Roku announced that it has entered into an agreement with Saban Films. Per this agreement, the Roku Channel will get streaming rights to movies released by Saban Films and a selection of Saban’s 2021 film slate will release exclusively on the Roku Channel for free.\nMarkedly, Roku faces stiff competition from other companies that provide TV streaming devices including Apple TV, Google TV and Amazon.\nIn April, Apple announced the launch of the next generation of Apple TV 4K. This next generation offers A12 Bionic chip that offers enhanced graphics performance, video decoding and audio processing. This improved picture quality provides enhanced consumer experience and increases consumer traction. Moreover, Google TV will be launched by TCL in the coming months.\nNevertheless, Roku is riding on surge in premium subscription signups for the Roku Channel. Launch of third-party streaming channels including Peacock, Disney+ and HBO Max is aiding user growth.\nMoreover, streaming hours growth is likely to boost TV streaming advertising on Roku’s platform, driving advertising revenues in the near term for this Zacks Rank #3 (Hold) company.","news_type":1},"isVote":1,"tweetType":1,"viewCount":214,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163043128,"gmtCreate":1623854515164,"gmtModify":1703821566973,"author":{"id":"3581476698815031","authorId":"3581476698815031","name":"D9nny","avatar":"https://static.tigerbbs.com/c80bd986320215b8d368a84baa3ad084","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581476698815031","idStr":"3581476698815031"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/163043128","repostId":"1123130697","repostType":4,"repost":{"id":"1123130697","pubTimestamp":1623840431,"share":"https://ttm.financial/m/news/1123130697?lang=&edition=fundamental","pubTime":"2021-06-16 18:47","market":"sh","language":"en","title":"Hong Kong to Spend a Record $13 Billion Redeveloping Homes","url":"https://stock-news.laohu8.com/highlight/detail?id=1123130697","media":"bloomberg","summary":"Hong Kong’sUrban Renewal Authorityis planning to deploy a record HK$100 billion ($13 billion) to red","content":"<p>Hong Kong’sUrban Renewal Authorityis planning to deploy a record HK$100 billion ($13 billion) to redevelop old buildings as the city strives to increase housing supply.</p>\n<p>The proposed sum, the largest in the authority’s history, includes the acquisition and construction costs for property redevelopment in the next five years, according to a document provided by the authority. It expects to provide 18,000 new homes with the budget.</p>\n<p>The ambitious plan could help alleviate some of the pressure on the government to boost home supply. Housing issues are a priority for the local government. Ranked as theleast affordablein the world, the property market has frustrated the younger generation in the city who have a hard time buying a home.</p>\n<p>The city’s home prices have been increasing in the past few months to just 2.5% lower than the record set in 2019.</p>\n<p>Established in 2001, the URA is a public body that redevelops old properties in Hong Kong.</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>Hong Kong to Spend a Record $13 Billion Redeveloping Homes</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\">\nHong Kong to Spend a Record $13 Billion Redeveloping Homes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 18:47 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-06-16/hong-kong-to-spend-a-record-13-billion-redeveloping-homes><strong>bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hong Kong’sUrban Renewal Authorityis planning to deploy a record HK$100 billion ($13 billion) to redevelop old buildings as the city strives to increase housing supply.\nThe proposed sum, the largest ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-16/hong-kong-to-spend-a-record-13-billion-redeveloping-homes\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-16/hong-kong-to-spend-a-record-13-billion-redeveloping-homes","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123130697","content_text":"Hong Kong’sUrban Renewal Authorityis planning to deploy a record HK$100 billion ($13 billion) to redevelop old buildings as the city strives to increase housing supply.\nThe proposed sum, the largest in the authority’s history, includes the acquisition and construction costs for property redevelopment in the next five years, according to a document provided by the authority. It expects to provide 18,000 new homes with the budget.\nThe ambitious plan could help alleviate some of the pressure on the government to boost home supply. Housing issues are a priority for the local government. Ranked as theleast affordablein the world, the property market has frustrated the younger generation in the city who have a hard time buying a home.\nThe city’s home prices have been increasing in the past few months to just 2.5% lower than the record set in 2019.\nEstablished in 2001, the URA is a public body that redevelops old properties in Hong Kong.","news_type":1},"isVote":1,"tweetType":1,"viewCount":363,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187122720,"gmtCreate":1623747410860,"gmtModify":1704210260799,"author":{"id":"3581476698815031","authorId":"3581476698815031","name":"D9nny","avatar":"https://static.tigerbbs.com/c80bd986320215b8d368a84baa3ad084","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581476698815031","idStr":"3581476698815031"},"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/187122720","repostId":"1177646539","repostType":4,"repost":{"id":"1177646539","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1623737223,"share":"https://ttm.financial/m/news/1177646539?lang=&edition=fundamental","pubTime":"2021-06-15 14:07","market":"us","language":"en","title":"3 Commodity Stocks To Consider For Inflation","url":"https://stock-news.laohu8.com/highlight/detail?id=1177646539","media":"Benzinga","summary":"As inflation heats up, the stocks of some commodity-based companies can move higher. These companies","content":"<p>As inflation heats up, the stocks of some commodity-based companies can move higher. These companies hold a large part of their assets in commodities, so as their prices move higher, the companies become more valuable.</p>\n<p>They include <b>Exxon Mobil Corporation</b>(NYSE:XOM),<b>Southern Copper Corporation</b>(NYSE:SCCO), and <b>Newmont Corporation</b>(NYSE:NEM).</p>\n<p>Exxon benefits from higher oil prices. The stock has hit resistance at the $63.50 level and it could be on the verge of a breakout.</p>\n<p><img src=\"https://static.tigerbbs.com/db45eed41059ff0878aac7b6b4e2fee7\" tg-width=\"1618\" tg-height=\"823\"></p>\n<p>Southern Copper benefits from higher copper prices. Shares have dropped to support around the $67 level and there’s a chance they rebound.</p>\n<p><img src=\"https://static.tigerbbs.com/543514dbd50dbb41ce5748225d9e606d\" tg-width=\"1615\" tg-height=\"814\"></p>\n<p>Newmont is a gold miner. As the price of gold increases, so does its value. The shares are close to the $68.50 level and there’s a chance they find support and rally.</p>\n<p><img src=\"https://static.tigerbbs.com/f699df6d7097a731136d18e4e57324e2\" tg-width=\"1619\" tg-height=\"817\"></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>3 Commodity Stocks To Consider For Inflation</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\">\n3 Commodity Stocks To Consider For Inflation\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-06-15 14:07</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>As inflation heats up, the stocks of some commodity-based companies can move higher. These companies hold a large part of their assets in commodities, so as their prices move higher, the companies become more valuable.</p>\n<p>They include <b>Exxon Mobil Corporation</b>(NYSE:XOM),<b>Southern Copper Corporation</b>(NYSE:SCCO), and <b>Newmont Corporation</b>(NYSE:NEM).</p>\n<p>Exxon benefits from higher oil prices. The stock has hit resistance at the $63.50 level and it could be on the verge of a breakout.</p>\n<p><img src=\"https://static.tigerbbs.com/db45eed41059ff0878aac7b6b4e2fee7\" tg-width=\"1618\" tg-height=\"823\"></p>\n<p>Southern Copper benefits from higher copper prices. Shares have dropped to support around the $67 level and there’s a chance they rebound.</p>\n<p><img src=\"https://static.tigerbbs.com/543514dbd50dbb41ce5748225d9e606d\" tg-width=\"1615\" tg-height=\"814\"></p>\n<p>Newmont is a gold miner. As the price of gold increases, so does its value. The shares are close to the $68.50 level and there’s a chance they find support and rally.</p>\n<p><img src=\"https://static.tigerbbs.com/f699df6d7097a731136d18e4e57324e2\" tg-width=\"1619\" tg-height=\"817\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NEM":"纽曼矿业","SCCO":"南方铜业","XOM":"埃克森美孚"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177646539","content_text":"As inflation heats up, the stocks of some commodity-based companies can move higher. These companies hold a large part of their assets in commodities, so as their prices move higher, the companies become more valuable.\nThey include Exxon Mobil Corporation(NYSE:XOM),Southern Copper Corporation(NYSE:SCCO), and Newmont Corporation(NYSE:NEM).\nExxon benefits from higher oil prices. The stock has hit resistance at the $63.50 level and it could be on the verge of a breakout.\n\nSouthern Copper benefits from higher copper prices. Shares have dropped to support around the $67 level and there’s a chance they rebound.\n\nNewmont is a gold miner. As the price of gold increases, so does its value. The shares are close to the $68.50 level and there’s a chance they find support and rally.","news_type":1},"isVote":1,"tweetType":1,"viewCount":351,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187165913,"gmtCreate":1623747167332,"gmtModify":1704210247701,"author":{"id":"3581476698815031","authorId":"3581476698815031","name":"D9nny","avatar":"https://static.tigerbbs.com/c80bd986320215b8d368a84baa3ad084","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581476698815031","idStr":"3581476698815031"},"themes":[],"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187165913","repostId":"1140381227","repostType":4,"repost":{"id":"1140381227","pubTimestamp":1623736805,"share":"https://ttm.financial/m/news/1140381227?lang=&edition=fundamental","pubTime":"2021-06-15 14:00","market":"us","language":"en","title":"Why Adobe Could Be Worth $590: A Promising Look Ahead Of Q2 Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=1140381227","media":"seekingalpha","summary":"Summary\n\nDespite rising over 8% in the past week ahead of earnings, there is still room for upside i","content":"<p><b>Summary</b></p>\n<ul>\n <li>Despite rising over 8% in the past week ahead of earnings, there is still room for upside in Adobe stock.</li>\n <li>The firm is well-positioned to benefit from trends in the immediate future and beyond.</li>\n <li>Adobe’s scale and dominance will allow it to continue to thrive and benefit from rapid growth in its total addressable market across its diverse products.</li>\n <li>Strong Q2 earnings could be the catalyst to push the stock over $600.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c4641d2a64b72a5def91db89c766c634\" tg-width=\"1536\" tg-height=\"1023\" referrerpolicy=\"no-referrer\"><span>hapabapa/iStock Editorial via Getty Images</span></p>\n<p><b>I. Investment Thesis</b></p>\n<p>Despite rallying well over 8% in the past week ahead of earnings, there is still room for upside in Adobe Inc. (NASDAQ:ADBE) stock.</p>\n<p>Adobe's historical success with execution of a transition to a cloud-based subscription model will continue to drive strong revenue growth.</p>\n<p>The firm is also well-positioned to benefit from trends in the immediate future and beyond, however, many of these trends and growth opportunities are unrecognized.</p>\n<p>Adobe's scale and dominance will allow it to continue to thrive and benefit from rapid growth in its total addressable market across its diverse products.</p>\n<p>Lastly, strong Q2 earnings could be the catalyst to push the stock over $600 in a bull scenario.</p>\n<p><b>II. Company Overview</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8f64603318c032d51062fefbac14e0a4\" tg-width=\"635\" tg-height=\"403\"><span>Data by YCharts</span></p>\n<p>Adobe operates worldwide, offering software and services used by professionals, marketers, students, and more for creating, managing, measuring, and engaging with compelling content and experiences. As of Q1 FY 2021, the firm generates their revenue from three main segments: Digital Media (~73% of revenues), Digital Experience (~24%), and Publishing & Advertising (~3%).</p>\n<p>The digital media segment includes their most well-known product, Creative Cloud, as well as Document Cloud. Creative Cloud is a diverse toolkit built for creating, publishing, and promoting digital content. Some of the most well-known applications include Photoshop and Illustrator. Adobe Document Cloud is gaining momentum against pure-play firms like DocuSign and is becoming a fierce competitor, especially with regard to small and medium-sized businesses.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b0cc4cdfcefc85d46031470ea14b0b96\" tg-width=\"640\" tg-height=\"534\"><span>(Figure 2.1: All Adobe Creative Cloud and Document Cloud tools. Source:Adobe Investor Relations)</span></p>\n<p>The Digital Experience Cloud is designed to help users manage, measure, automate, and optimize customer experiences and customer engagement. Adobe has done a great job expanding into various industries through this segment, including retail, media, financial services, technology, education, and more. The segment has been slowly increasing in size and can be expected to provide long-term support to Adobe's strong revenue growth.</p>\n<p>The third segment, formerly known as Print & Publishing, was renamed last quarter to \"Publishing & Advertising\", as Adobe shifted the revenues from their advertising portion of Digital Experience to this new segment. With the demand of print on the decline, this reclassification allows for a more accurate balance of product divisions. With data from only one quarter of this new classification, it's hard to evaluate the performance of advertising, but there should be more clarity over the next few quarters.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/87624e36a52106e31d0d80466051fbed\" tg-width=\"640\" tg-height=\"306\"><span>(Figure 2.2: Some large organizations and industries using Experience Cloud. Source: Personal Pitch Deck;Adobe Financial Analyst Meeting 2020 Slides, Adobe Investor Relations)</span></p>\n<p><b>III. Growth Drivers1) Digital Business Transformation</b></p>\n<p>Historically, Adobe has been one of the most successful firms in migrating a user base from a traditional one-time license-based model to a cloud-based subscription revenue model. A cloud-based subscription model is extremely crucial as it allows technology firms to see more stability in future revenue streams. As of last quarter, Adobe generates approximately 83% of revenues through a recurring stream. For analysts and investors, this gives confidence and a much clearer indication as to the quality and consistency of cash flows. It also allows cloud firms to strengthen margins and benefit from scale, which we already see with Adobe. Subscription revenues are derived from the Digital Media and Digital Experience segments, and the new Publishing & Advertising Segment (not accounted for below).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ae29c71332820c9ea3bc7feb3e34f3f4\" tg-width=\"612\" tg-height=\"287\"><span>(Figure 3.1: Subscription Revenue by Segment & Growth. Source: Personal Financial Model;Adobe 10-Qs and 10-Ks 2017-2021)</span></p>\n<p>Annualized recurring revenue, a more software industry-specific metric, sheds light on how much revenue the firm generates over the course of a year that is guaranteed to occur again. This value doesn't just tell us how much revenue is generated from subscriptions and contracts, but also roughly the net value of expansions and churn. As ARR growth continues to be positive, we see that a) more customers are paying for services each year, and b) customers are on average spending more with Adobe. Essentially, net expansions are outweighing churn, which could mean either a) or b) above, or a mix of both. Since the quantifiable values of net expansion and churn are not readily available in public filings, it is too difficult to explore this avenue further.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/94c83308896f43725bd3fa575223afd3\" tg-width=\"640\" tg-height=\"315\"><span>(Figure 3.2: ARR and % Growth. Source: Personal Financial Model; Adobe 10-Qs and 10-Ks 2017-2021)</span></p>\n<p>Even with a plateau of subscription and ARR growth, we are seeing >20% YoY revenue growth for a large-cap firm that has been a leader in the industry for well over a decade. The customer transition to the new revenue model is essentially complete and has consistently outperformed expectations, with stronger comparable margins across the board as Adobe continues to dominate in scale.</p>\n<p><b>2) Advertising, Analytics, & New Tech</b></p>\n<p>Various profitable digital and marketing-related trends of 2021 and into the future include e-commerce, analytics, AI & automation, augmented reality, and virtual reality. We typically see large software firms position themselves to benefit from tailwinds through R&D to strengthen innovation, or M&A to expand market share and product diversification.</p>\n<p>Adobe has recently completed over a dozen strategic acquisitions and investments that revolve around these key areas. The firm is taking care to ensure their most recent acquisitions will be effectively integrated into their respective platforms to set up strong market positioning. At the end of last year, we heard from management that the team was most likely not planning any large acquisitions in 2021, mainly because 1) speculative software is trading at high multiples and is overvalued, and 2) so they can focus on working with what they currently have.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b3d4103feae0e6b47c7e25cb538ad6a8\" tg-width=\"640\" tg-height=\"268\"><span>(Figure 3.3: Acquisitions & Investments, 2018-2021. Source: Bloomberg)</span></p>\n<p>Spending about 17% of revenues on R&D as of last quarter, the firm has utilized their capital efficiently to foster innovation and a competitive edge. Adobe most recently has worked to expand the breadth of their Creative Cloud tools - especially ones designed for mobile devices - to increase the appeal of their products to different user groups in new or unique markets.</p>\n<p>Effective use of capital towards R&D and M&A initiatives led by strong margins and cash flows should allow the company to gain traction in new verticals and continue to accelerate revenue growth in the subscription segment.</p>\n<p><b>3) Market and Global Opportunity</b></p>\n<p>As the firm shed light on its Total Addressable Market [TAM] for the next few years in its financial analyst meeting of 2020, Adobe has huge plans to capture diverse user groups to an expanding TAM in Creative Cloud, Document Cloud, and Experience Cloud by 2023 - their largest areas for growth. The projected TAM in these segments from 2021 to 2023 has grown 40.4%*, 180.0%*, and 19.4%*, respectively. We see Adobe has the largest potential in its Digital Media segment through Creative Cloud and Document Cloud, although the market for its Experience Cloud has still grown modestly. In the figures below, we take a look at some of these numbers, and some of the plans outlined by Adobe.</p>\n<p><i>(* - numbers calculated from financial analyst meeting slides from2018,2019, and2020, respectively)</i></p>\n<p><img src=\"https://static.tigerbbs.com/78c05a2d3b73284773f38278b989864a\" tg-width=\"640\" tg-height=\"339\" referrerpolicy=\"no-referrer\"></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9cbbdf4bdb593b40ba4be71e3483ac91\" tg-width=\"640\" tg-height=\"340\"><span>(Figures 3.4, 3.5, & 3.6: Total Addressable Market, various product lines. Source: Financial Analyst Meeting 2020 Slides, Adobe Investor Relations)</span></p>\n<p>Adobe's product depth, market share, customer loyalty, and high brand recognition for their flagship creative software over the past two decades make a strong case as to why the firm can be expected to successfully execute its intermediate-term growth strategies. Adobe is positioned well to benefit from growth in the total addressable market for all three segments and specific products.</p>\n<p>We have seen from earlier mentions of Adobe's expansion into key areas that they have already been successful in penetrating markets with web and mobile-based tools, and increased adoption of 3D development. This reinforces my view of Adobe's ability to continue to capture a larger share of the total addressable market for its Creative Cloud.</p>\n<p>The firm's deep customer loyalty and brand recognition will allow the firm to continue to grab larger shares of the CRM market with their Experience Cloud platform as the company continues to expand further into unique industries like healthcare and education.</p>\n<p>In this section, I'd also like to explore the importance of strong margins a bit further. According to Bloomberg data, Adobe's subscription revenue (which is generated from its cloud-based business) achieved a gross margin of 91% last quarter. If we look back to 2009, before Adobe began their transition to a cloud-based model, gross margin from subscription revenue was ~35%. For Salesforce (NYSE:CRM), another large-cap application software firm, gross margin last quarter from subscription was ~80%. Previously to their cloud model, in 2008, Salesforce's gross margin for the segment was ~87%.</p>\n<p>My conclusion is that a company like Salesforce has struggled to execute a long-term cloud strategy that would allow them to truly benefit from scale. With the growth in gross margin for Adobe from 35% to 91% (a 160% increase) from 2009 to 2021, this means that cost of revenue for subscription and cloud-based services has been decreasing proportionally, which makes sense for a strategy that has been executed successfully. Essentially, this gives firms like Adobe the upper hand with the ability to reinvest more capital into the business to achieve its strategic initiatives, such as those outlined in their financial analyst meeting slides above.</p>\n<p>Next is global opportunity. As consumer confidence continues to increase, Global IT Spending is already on the rebound, benefitting Adobe nicely. Results for Q1 FY2021 gave insight toward how enterprises are increasing software spending again post-pandemic, with total revenue up about 26% over the previous quarter. This, along with Adobe's solid performance during the pandemic, prove how strong the company's fundamentals really are.</p>\n<p>Furthermore, Adobe currently generates ~58% of revenues from the Americas, which means that they already have proven success in other areas globally. If Adobe can increase exposure specifically in EMEA it can be lucrative as emerging markets are expected to outperform and benefit from increased foreign investment. There is more to be explored in this area of expansion.</p>\n<p><b>IV. Major Risks</b></p>\n<p>Although subscription growth is beginning to plateau at about 20% YoY, in the next few years, it may begin to decline. This means Adobe must work harder in gaining a competitive edge, most likely through M&A and R&D. If Adobe does not effectively integrate its acquisitions into its platforms, it can impact margins short-term and prove to be inefficient use of capital. With a strong cash flow and relatively small debt load, even in this scenario, I don't believe it would impact Adobe's ability to generate cash flows intermediate to long term.</p>\n<p>According to an analysis of Porter's Five Forces, the application software subsector has a high degree of competition and a medium threat of substitutes. Currently, Salesforce dominates the relationship management space. Adobe is gaining traction, but due to the long enterprise sales cycle nature of the industry, there may be a lag in a shift to an environment that is more favorable for Adobe's Experience Cloud growth. Therefore, stock price may not accurately reflect the success of this segment immediately.</p>\n<p>Software products are reliant on the same enterprise IT budget of a given firm. Adobe and other large-cap application software firms may have to develop a strategy to reduce costs and pricing short-term. However, with strong roots in the industry, a successful business model, and a long sales cycle, I don't see this having a huge impact on Adobe's market share.</p>\n<p>Although consumer confidence has continued to increase post-pandemic, there are still unprecedented effects that are unexpected and cannot be measured. If Global IT Spending does not rebound as quickly as expected, Adobe may continue to see quarters of unexpectedly slow growth. This is most damaging for companies that rely on large enterprise spending. However, the technology firms that seem to be benefitting the most from the pandemic and lockdown orders are cloud-based software.</p>\n<p><b>V. Valuation</b></p>\n<p><b>1) Comparative Valuation</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bb5f13cdb163707d91d814d480a77cb4\" tg-width=\"563\" tg-height=\"292\"><span>(Figure 4.1: Comparable Analysis. Source: Bloomberg)</span></p>\n<p>Starting with a quick comparative analysis, we see that Adobe is trading at a slight discount to its peers. In an industry that is highly speculative, Adobe provides an investment in a stock with less risk and solid returns.</p>\n<p>An interesting analysis I conducted was a comparison of R&D expenditures to future projected revenue growth to get insight as to how efficient software firms are at utilizing their profits to focus on firm growth. In an industry where differentiation and innovation are key, I thought this concept would be interesting to observe. The graph below displays the top 25 application software firms, by market cap. Essentially, any firm above the line is currently using their capital efficiently towards greater growth, while those below the line are not using their capital efficiently. Comparing the findings of this graph with the risk vs. return of stocks above the line, we further see that Adobe is a solid long-term pick.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f7b2e34e56a06154b15bbe16a9936cf1\" tg-width=\"640\" tg-height=\"346\"><span>(Figure 4.2: R&D vs. Future Revenue Growth Forecast. Source: Bloomberg; Personal Pitch Deck)</span></p>\n<p><b>2) Intrinsic Valuation</b></p>\n<p>The first set of calculations was forecasting future revenue streams of the business segments. Based on my research and assumptions, I used a weighted moving average to calculate growth rates, then used a regression of historical market and industry growth expectations to adjust the top-line revenue estimates. The rest of the model was built upon a mix of more industry expectations, as well as assumptions, estimates, and long-term goals set forth by management.</p>\n<p>I calculated a discount rate of 6.87%, which was used to discount the projected cash flows until 2025. To calculate the present value of the cash flows of 2026-beyond, I used the perpetual growth rate method, and based on my concluding research, assumed a perpetual growth rate of 3.5%. This brought me to a 12-month PT of ~$590.</p>\n<p>In a bull case scenario where revenue growth exceeds 20% YoY from 2022-2025, or where the perpetual growth rate assumed in the model is changed to 4.0%, we see the price target soaring above $600.</p>\n<p>When initially developing my model and report, Adobe stock was ~$485. However, we've seen a run up of the price over the past few days, from about $515 to surpassing $550. It is typical to see a rally in tech stocks before their earnings, which deflates the potential return. This means that there may be a solid entry point immediately post-earnings, depending on if the price drops or not.</p>\n<p>Furthermore, this does not consider Adobe's share buyback plan that was authorized, which would increase the value of shares and earnings. I think that Q2 earnings should provide more clarity.</p>\n<p><b>VI. Conclusion</b></p>\n<p>Adobe has seen major success in growth and scale, which will support its strategic initiatives. The firm has proven to be a leader in 2021 macroeconomic and software industry trends, which will provide tailwinds for growth of its subscription-based segments.</p>\n<p>With inflation fears, right now is the time to shift investments diversified across technology to more fundamentally stable large-cap firms, like Adobe, to combat uncertainty. I think there should be an optimal entry point immediately post-earnings, unless earnings drive the price higher after-hours. Regardless, as a growth prospect with proven cash flows and healthy margins, I see any entry in Adobe as a solid-long term pick that is less speculative of a play.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Adobe Could Be Worth $590: A Promising Look Ahead Of Q2 Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Adobe Could Be Worth $590: A Promising Look Ahead Of Q2 Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 14:00 GMT+8 <a href=https://seekingalpha.com/article/4434786-why-adobe-stock-could-be-worth-590-dollars><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nDespite rising over 8% in the past week ahead of earnings, there is still room for upside in Adobe stock.\nThe firm is well-positioned to benefit from trends in the immediate future and beyond...</p>\n\n<a href=\"https://seekingalpha.com/article/4434786-why-adobe-stock-could-be-worth-590-dollars\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ADBE":"Adobe"},"source_url":"https://seekingalpha.com/article/4434786-why-adobe-stock-could-be-worth-590-dollars","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140381227","content_text":"Summary\n\nDespite rising over 8% in the past week ahead of earnings, there is still room for upside in Adobe stock.\nThe firm is well-positioned to benefit from trends in the immediate future and beyond.\nAdobe’s scale and dominance will allow it to continue to thrive and benefit from rapid growth in its total addressable market across its diverse products.\nStrong Q2 earnings could be the catalyst to push the stock over $600.\n\nhapabapa/iStock Editorial via Getty Images\nI. Investment Thesis\nDespite rallying well over 8% in the past week ahead of earnings, there is still room for upside in Adobe Inc. (NASDAQ:ADBE) stock.\nAdobe's historical success with execution of a transition to a cloud-based subscription model will continue to drive strong revenue growth.\nThe firm is also well-positioned to benefit from trends in the immediate future and beyond, however, many of these trends and growth opportunities are unrecognized.\nAdobe's scale and dominance will allow it to continue to thrive and benefit from rapid growth in its total addressable market across its diverse products.\nLastly, strong Q2 earnings could be the catalyst to push the stock over $600 in a bull scenario.\nII. Company Overview\nData by YCharts\nAdobe operates worldwide, offering software and services used by professionals, marketers, students, and more for creating, managing, measuring, and engaging with compelling content and experiences. As of Q1 FY 2021, the firm generates their revenue from three main segments: Digital Media (~73% of revenues), Digital Experience (~24%), and Publishing & Advertising (~3%).\nThe digital media segment includes their most well-known product, Creative Cloud, as well as Document Cloud. Creative Cloud is a diverse toolkit built for creating, publishing, and promoting digital content. Some of the most well-known applications include Photoshop and Illustrator. Adobe Document Cloud is gaining momentum against pure-play firms like DocuSign and is becoming a fierce competitor, especially with regard to small and medium-sized businesses.\n(Figure 2.1: All Adobe Creative Cloud and Document Cloud tools. Source:Adobe Investor Relations)\nThe Digital Experience Cloud is designed to help users manage, measure, automate, and optimize customer experiences and customer engagement. Adobe has done a great job expanding into various industries through this segment, including retail, media, financial services, technology, education, and more. The segment has been slowly increasing in size and can be expected to provide long-term support to Adobe's strong revenue growth.\nThe third segment, formerly known as Print & Publishing, was renamed last quarter to \"Publishing & Advertising\", as Adobe shifted the revenues from their advertising portion of Digital Experience to this new segment. With the demand of print on the decline, this reclassification allows for a more accurate balance of product divisions. With data from only one quarter of this new classification, it's hard to evaluate the performance of advertising, but there should be more clarity over the next few quarters.\n(Figure 2.2: Some large organizations and industries using Experience Cloud. Source: Personal Pitch Deck;Adobe Financial Analyst Meeting 2020 Slides, Adobe Investor Relations)\nIII. Growth Drivers1) Digital Business Transformation\nHistorically, Adobe has been one of the most successful firms in migrating a user base from a traditional one-time license-based model to a cloud-based subscription revenue model. A cloud-based subscription model is extremely crucial as it allows technology firms to see more stability in future revenue streams. As of last quarter, Adobe generates approximately 83% of revenues through a recurring stream. For analysts and investors, this gives confidence and a much clearer indication as to the quality and consistency of cash flows. It also allows cloud firms to strengthen margins and benefit from scale, which we already see with Adobe. Subscription revenues are derived from the Digital Media and Digital Experience segments, and the new Publishing & Advertising Segment (not accounted for below).\n(Figure 3.1: Subscription Revenue by Segment & Growth. Source: Personal Financial Model;Adobe 10-Qs and 10-Ks 2017-2021)\nAnnualized recurring revenue, a more software industry-specific metric, sheds light on how much revenue the firm generates over the course of a year that is guaranteed to occur again. This value doesn't just tell us how much revenue is generated from subscriptions and contracts, but also roughly the net value of expansions and churn. As ARR growth continues to be positive, we see that a) more customers are paying for services each year, and b) customers are on average spending more with Adobe. Essentially, net expansions are outweighing churn, which could mean either a) or b) above, or a mix of both. Since the quantifiable values of net expansion and churn are not readily available in public filings, it is too difficult to explore this avenue further.\n(Figure 3.2: ARR and % Growth. Source: Personal Financial Model; Adobe 10-Qs and 10-Ks 2017-2021)\nEven with a plateau of subscription and ARR growth, we are seeing >20% YoY revenue growth for a large-cap firm that has been a leader in the industry for well over a decade. The customer transition to the new revenue model is essentially complete and has consistently outperformed expectations, with stronger comparable margins across the board as Adobe continues to dominate in scale.\n2) Advertising, Analytics, & New Tech\nVarious profitable digital and marketing-related trends of 2021 and into the future include e-commerce, analytics, AI & automation, augmented reality, and virtual reality. We typically see large software firms position themselves to benefit from tailwinds through R&D to strengthen innovation, or M&A to expand market share and product diversification.\nAdobe has recently completed over a dozen strategic acquisitions and investments that revolve around these key areas. The firm is taking care to ensure their most recent acquisitions will be effectively integrated into their respective platforms to set up strong market positioning. At the end of last year, we heard from management that the team was most likely not planning any large acquisitions in 2021, mainly because 1) speculative software is trading at high multiples and is overvalued, and 2) so they can focus on working with what they currently have.\n(Figure 3.3: Acquisitions & Investments, 2018-2021. Source: Bloomberg)\nSpending about 17% of revenues on R&D as of last quarter, the firm has utilized their capital efficiently to foster innovation and a competitive edge. Adobe most recently has worked to expand the breadth of their Creative Cloud tools - especially ones designed for mobile devices - to increase the appeal of their products to different user groups in new or unique markets.\nEffective use of capital towards R&D and M&A initiatives led by strong margins and cash flows should allow the company to gain traction in new verticals and continue to accelerate revenue growth in the subscription segment.\n3) Market and Global Opportunity\nAs the firm shed light on its Total Addressable Market [TAM] for the next few years in its financial analyst meeting of 2020, Adobe has huge plans to capture diverse user groups to an expanding TAM in Creative Cloud, Document Cloud, and Experience Cloud by 2023 - their largest areas for growth. The projected TAM in these segments from 2021 to 2023 has grown 40.4%*, 180.0%*, and 19.4%*, respectively. We see Adobe has the largest potential in its Digital Media segment through Creative Cloud and Document Cloud, although the market for its Experience Cloud has still grown modestly. In the figures below, we take a look at some of these numbers, and some of the plans outlined by Adobe.\n(* - numbers calculated from financial analyst meeting slides from2018,2019, and2020, respectively)\n\n(Figures 3.4, 3.5, & 3.6: Total Addressable Market, various product lines. Source: Financial Analyst Meeting 2020 Slides, Adobe Investor Relations)\nAdobe's product depth, market share, customer loyalty, and high brand recognition for their flagship creative software over the past two decades make a strong case as to why the firm can be expected to successfully execute its intermediate-term growth strategies. Adobe is positioned well to benefit from growth in the total addressable market for all three segments and specific products.\nWe have seen from earlier mentions of Adobe's expansion into key areas that they have already been successful in penetrating markets with web and mobile-based tools, and increased adoption of 3D development. This reinforces my view of Adobe's ability to continue to capture a larger share of the total addressable market for its Creative Cloud.\nThe firm's deep customer loyalty and brand recognition will allow the firm to continue to grab larger shares of the CRM market with their Experience Cloud platform as the company continues to expand further into unique industries like healthcare and education.\nIn this section, I'd also like to explore the importance of strong margins a bit further. According to Bloomberg data, Adobe's subscription revenue (which is generated from its cloud-based business) achieved a gross margin of 91% last quarter. If we look back to 2009, before Adobe began their transition to a cloud-based model, gross margin from subscription revenue was ~35%. For Salesforce (NYSE:CRM), another large-cap application software firm, gross margin last quarter from subscription was ~80%. Previously to their cloud model, in 2008, Salesforce's gross margin for the segment was ~87%.\nMy conclusion is that a company like Salesforce has struggled to execute a long-term cloud strategy that would allow them to truly benefit from scale. With the growth in gross margin for Adobe from 35% to 91% (a 160% increase) from 2009 to 2021, this means that cost of revenue for subscription and cloud-based services has been decreasing proportionally, which makes sense for a strategy that has been executed successfully. Essentially, this gives firms like Adobe the upper hand with the ability to reinvest more capital into the business to achieve its strategic initiatives, such as those outlined in their financial analyst meeting slides above.\nNext is global opportunity. As consumer confidence continues to increase, Global IT Spending is already on the rebound, benefitting Adobe nicely. Results for Q1 FY2021 gave insight toward how enterprises are increasing software spending again post-pandemic, with total revenue up about 26% over the previous quarter. This, along with Adobe's solid performance during the pandemic, prove how strong the company's fundamentals really are.\nFurthermore, Adobe currently generates ~58% of revenues from the Americas, which means that they already have proven success in other areas globally. If Adobe can increase exposure specifically in EMEA it can be lucrative as emerging markets are expected to outperform and benefit from increased foreign investment. There is more to be explored in this area of expansion.\nIV. Major Risks\nAlthough subscription growth is beginning to plateau at about 20% YoY, in the next few years, it may begin to decline. This means Adobe must work harder in gaining a competitive edge, most likely through M&A and R&D. If Adobe does not effectively integrate its acquisitions into its platforms, it can impact margins short-term and prove to be inefficient use of capital. With a strong cash flow and relatively small debt load, even in this scenario, I don't believe it would impact Adobe's ability to generate cash flows intermediate to long term.\nAccording to an analysis of Porter's Five Forces, the application software subsector has a high degree of competition and a medium threat of substitutes. Currently, Salesforce dominates the relationship management space. Adobe is gaining traction, but due to the long enterprise sales cycle nature of the industry, there may be a lag in a shift to an environment that is more favorable for Adobe's Experience Cloud growth. Therefore, stock price may not accurately reflect the success of this segment immediately.\nSoftware products are reliant on the same enterprise IT budget of a given firm. Adobe and other large-cap application software firms may have to develop a strategy to reduce costs and pricing short-term. However, with strong roots in the industry, a successful business model, and a long sales cycle, I don't see this having a huge impact on Adobe's market share.\nAlthough consumer confidence has continued to increase post-pandemic, there are still unprecedented effects that are unexpected and cannot be measured. If Global IT Spending does not rebound as quickly as expected, Adobe may continue to see quarters of unexpectedly slow growth. This is most damaging for companies that rely on large enterprise spending. However, the technology firms that seem to be benefitting the most from the pandemic and lockdown orders are cloud-based software.\nV. Valuation\n1) Comparative Valuation\n(Figure 4.1: Comparable Analysis. Source: Bloomberg)\nStarting with a quick comparative analysis, we see that Adobe is trading at a slight discount to its peers. In an industry that is highly speculative, Adobe provides an investment in a stock with less risk and solid returns.\nAn interesting analysis I conducted was a comparison of R&D expenditures to future projected revenue growth to get insight as to how efficient software firms are at utilizing their profits to focus on firm growth. In an industry where differentiation and innovation are key, I thought this concept would be interesting to observe. The graph below displays the top 25 application software firms, by market cap. Essentially, any firm above the line is currently using their capital efficiently towards greater growth, while those below the line are not using their capital efficiently. Comparing the findings of this graph with the risk vs. return of stocks above the line, we further see that Adobe is a solid long-term pick.\n(Figure 4.2: R&D vs. Future Revenue Growth Forecast. Source: Bloomberg; Personal Pitch Deck)\n2) Intrinsic Valuation\nThe first set of calculations was forecasting future revenue streams of the business segments. Based on my research and assumptions, I used a weighted moving average to calculate growth rates, then used a regression of historical market and industry growth expectations to adjust the top-line revenue estimates. The rest of the model was built upon a mix of more industry expectations, as well as assumptions, estimates, and long-term goals set forth by management.\nI calculated a discount rate of 6.87%, which was used to discount the projected cash flows until 2025. To calculate the present value of the cash flows of 2026-beyond, I used the perpetual growth rate method, and based on my concluding research, assumed a perpetual growth rate of 3.5%. This brought me to a 12-month PT of ~$590.\nIn a bull case scenario where revenue growth exceeds 20% YoY from 2022-2025, or where the perpetual growth rate assumed in the model is changed to 4.0%, we see the price target soaring above $600.\nWhen initially developing my model and report, Adobe stock was ~$485. However, we've seen a run up of the price over the past few days, from about $515 to surpassing $550. It is typical to see a rally in tech stocks before their earnings, which deflates the potential return. This means that there may be a solid entry point immediately post-earnings, depending on if the price drops or not.\nFurthermore, this does not consider Adobe's share buyback plan that was authorized, which would increase the value of shares and earnings. I think that Q2 earnings should provide more clarity.\nVI. Conclusion\nAdobe has seen major success in growth and scale, which will support its strategic initiatives. The firm has proven to be a leader in 2021 macroeconomic and software industry trends, which will provide tailwinds for growth of its subscription-based segments.\nWith inflation fears, right now is the time to shift investments diversified across technology to more fundamentally stable large-cap firms, like Adobe, to combat uncertainty. I think there should be an optimal entry point immediately post-earnings, unless earnings drive the price higher after-hours. Regardless, as a growth prospect with proven cash flows and healthy margins, I see any entry in Adobe as a solid-long term pick that is less speculative of a play.","news_type":1},"isVote":1,"tweetType":1,"viewCount":267,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187185379,"gmtCreate":1623746845891,"gmtModify":1704210234427,"author":{"id":"3581476698815031","authorId":"3581476698815031","name":"D9nny","avatar":"https://static.tigerbbs.com/c80bd986320215b8d368a84baa3ad084","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581476698815031","idStr":"3581476698815031"},"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/187185379","repostId":"1123375053","repostType":4,"repost":{"id":"1123375053","pubTimestamp":1623745435,"share":"https://ttm.financial/m/news/1123375053?lang=&edition=fundamental","pubTime":"2021-06-15 16:23","market":"us","language":"en","title":"Tesla, MicroStrategy, Riot Blockchain Stocks Up As Bitcoin Regains Strength At $40,000 Level","url":"https://stock-news.laohu8.com/highlight/detail?id=1123375053","media":"yahoo","summary":"Blockchain Stocks Up As Bitcoin Regains Strength At $40,000 Level.\n\nBitcoin has seen significant gai","content":"<p>Blockchain Stocks Up As Bitcoin Regains Strength At $40,000 Level.</p>\n<p><img src=\"https://static.tigerbbs.com/bcb7953764bb128bc18cd601e00a3e92\" tg-width=\"287\" tg-height=\"367\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Bitcoin</b> has seen significant gains today, as well as stocks of companies related to the world's top cryptocurrency following Elon Musk's reassuring tweet indicating that Tesla will accept the leading cryptocurrency again.</p>\n<p><b>What Happened:</b> CoinMarketCapdatasuggests that Bitcoin price grew by over 14.3% from its 24-hour low of $36,000 to a high of nearly $41,000, before settling at its current price of $40,306 at press time.</p>\n<p><img src=\"https://static.tigerbbs.com/87d03c0cede12209e410f4a012c4c59d\" tg-width=\"1070\" tg-height=\"776\"></p>\n<p>According to Paolo Ardoino, CTO of Bitfinex, \"the king of crypto is carrying cryptocurrency markets higher.\"</p>\n<p>\"Meanwhile, Bitcoin’s utility and use cases such as the Lightning Network continue to strengthen and grow. While it is important to always take a long-term view, we’re seeing a quiet optimism return to the market,\" he added.</p>\n<p>Cryptocurrency mining enterprise <b>Riot Blockchain Inc.</b>(NASDAQ:RIOT) shares are up over 20% Monday, beating even Bitcoin's growth over the last 24-hours, with a stock price of $37.25.</p>\n<p><b>Microstrategy</b>(NASDAQ:MSTR)'s stock has been 15% up Monday and was trading at $590 at press time. The company has invested almost all of its revenue into Bitcoin and raising further capital through the issuance of bonds to buy even more.</p>\n<p>Microstrategy recentlyannouncedthat it intended to raise $400 million to buy Bitcoin but thendecidedto raise $500 instead, and the bond offering got oversubscribed to a total of $1.6 billion.</p>\n<p>Lastly,<b>Tesla Inc</b>(NASDAQ:TSLA) has seen its shares rise by 1.28% Monady after Musk's statement.</p>\n<p><img src=\"https://static.tigerbbs.com/90130509ac2ffdd09edf9123136048fa\" tg-width=\"663\" tg-height=\"440\" referrerpolicy=\"no-referrer\"></p>\n<p>The shares were trading at $618 at press time.</p>","source":"yahoofinance_sg","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>Tesla, MicroStrategy, Riot Blockchain Stocks Up As Bitcoin Regains Strength At $40,000 Level</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\">\nTesla, MicroStrategy, Riot Blockchain Stocks Up As Bitcoin Regains Strength At $40,000 Level\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 16:23 GMT+8 <a href=https://finance.yahoo.com/news/tesla-microstrategy-riot-blockchain-stocks-170045555.html><strong>yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Blockchain Stocks Up As Bitcoin Regains Strength At $40,000 Level.\n\nBitcoin has seen significant gains today, as well as stocks of companies related to the world's top cryptocurrency following Elon ...</p>\n\n<a href=\"https://finance.yahoo.com/news/tesla-microstrategy-riot-blockchain-stocks-170045555.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MARA":"Marathon Digital Holdings Inc","CAN":"嘉楠科技","RIOT":"Riot Platforms","TSLA":"特斯拉"},"source_url":"https://finance.yahoo.com/news/tesla-microstrategy-riot-blockchain-stocks-170045555.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123375053","content_text":"Blockchain Stocks Up As Bitcoin Regains Strength At $40,000 Level.\n\nBitcoin has seen significant gains today, as well as stocks of companies related to the world's top cryptocurrency following Elon Musk's reassuring tweet indicating that Tesla will accept the leading cryptocurrency again.\nWhat Happened: CoinMarketCapdatasuggests that Bitcoin price grew by over 14.3% from its 24-hour low of $36,000 to a high of nearly $41,000, before settling at its current price of $40,306 at press time.\n\nAccording to Paolo Ardoino, CTO of Bitfinex, \"the king of crypto is carrying cryptocurrency markets higher.\"\n\"Meanwhile, Bitcoin’s utility and use cases such as the Lightning Network continue to strengthen and grow. While it is important to always take a long-term view, we’re seeing a quiet optimism return to the market,\" he added.\nCryptocurrency mining enterprise Riot Blockchain Inc.(NASDAQ:RIOT) shares are up over 20% Monday, beating even Bitcoin's growth over the last 24-hours, with a stock price of $37.25.\nMicrostrategy(NASDAQ:MSTR)'s stock has been 15% up Monday and was trading at $590 at press time. The company has invested almost all of its revenue into Bitcoin and raising further capital through the issuance of bonds to buy even more.\nMicrostrategy recentlyannouncedthat it intended to raise $400 million to buy Bitcoin but thendecidedto raise $500 instead, and the bond offering got oversubscribed to a total of $1.6 billion.\nLastly,Tesla Inc(NASDAQ:TSLA) has seen its shares rise by 1.28% Monady after Musk's statement.\n\nThe shares were trading at $618 at press time.","news_type":1},"isVote":1,"tweetType":1,"viewCount":413,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":187122720,"gmtCreate":1623747410860,"gmtModify":1704210260799,"author":{"id":"3581476698815031","authorId":"3581476698815031","name":"D9nny","avatar":"https://static.tigerbbs.com/c80bd986320215b8d368a84baa3ad084","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581476698815031","authorIdStr":"3581476698815031"},"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/187122720","repostId":"1177646539","repostType":4,"repost":{"id":"1177646539","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1623737223,"share":"https://ttm.financial/m/news/1177646539?lang=&edition=fundamental","pubTime":"2021-06-15 14:07","market":"us","language":"en","title":"3 Commodity Stocks To Consider For Inflation","url":"https://stock-news.laohu8.com/highlight/detail?id=1177646539","media":"Benzinga","summary":"As inflation heats up, the stocks of some commodity-based companies can move higher. These companies","content":"<p>As inflation heats up, the stocks of some commodity-based companies can move higher. These companies hold a large part of their assets in commodities, so as their prices move higher, the companies become more valuable.</p>\n<p>They include <b>Exxon Mobil Corporation</b>(NYSE:XOM),<b>Southern Copper Corporation</b>(NYSE:SCCO), and <b>Newmont Corporation</b>(NYSE:NEM).</p>\n<p>Exxon benefits from higher oil prices. The stock has hit resistance at the $63.50 level and it could be on the verge of a breakout.</p>\n<p><img src=\"https://static.tigerbbs.com/db45eed41059ff0878aac7b6b4e2fee7\" tg-width=\"1618\" tg-height=\"823\"></p>\n<p>Southern Copper benefits from higher copper prices. Shares have dropped to support around the $67 level and there’s a chance they rebound.</p>\n<p><img src=\"https://static.tigerbbs.com/543514dbd50dbb41ce5748225d9e606d\" tg-width=\"1615\" tg-height=\"814\"></p>\n<p>Newmont is a gold miner. As the price of gold increases, so does its value. The shares are close to the $68.50 level and there’s a chance they find support and rally.</p>\n<p><img src=\"https://static.tigerbbs.com/f699df6d7097a731136d18e4e57324e2\" tg-width=\"1619\" tg-height=\"817\"></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>3 Commodity Stocks To Consider For Inflation</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\">\n3 Commodity Stocks To Consider For Inflation\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-06-15 14:07</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>As inflation heats up, the stocks of some commodity-based companies can move higher. These companies hold a large part of their assets in commodities, so as their prices move higher, the companies become more valuable.</p>\n<p>They include <b>Exxon Mobil Corporation</b>(NYSE:XOM),<b>Southern Copper Corporation</b>(NYSE:SCCO), and <b>Newmont Corporation</b>(NYSE:NEM).</p>\n<p>Exxon benefits from higher oil prices. The stock has hit resistance at the $63.50 level and it could be on the verge of a breakout.</p>\n<p><img src=\"https://static.tigerbbs.com/db45eed41059ff0878aac7b6b4e2fee7\" tg-width=\"1618\" tg-height=\"823\"></p>\n<p>Southern Copper benefits from higher copper prices. Shares have dropped to support around the $67 level and there’s a chance they rebound.</p>\n<p><img src=\"https://static.tigerbbs.com/543514dbd50dbb41ce5748225d9e606d\" tg-width=\"1615\" tg-height=\"814\"></p>\n<p>Newmont is a gold miner. As the price of gold increases, so does its value. The shares are close to the $68.50 level and there’s a chance they find support and rally.</p>\n<p><img src=\"https://static.tigerbbs.com/f699df6d7097a731136d18e4e57324e2\" tg-width=\"1619\" tg-height=\"817\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NEM":"纽曼矿业","SCCO":"南方铜业","XOM":"埃克森美孚"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177646539","content_text":"As inflation heats up, the stocks of some commodity-based companies can move higher. These companies hold a large part of their assets in commodities, so as their prices move higher, the companies become more valuable.\nThey include Exxon Mobil Corporation(NYSE:XOM),Southern Copper Corporation(NYSE:SCCO), and Newmont Corporation(NYSE:NEM).\nExxon benefits from higher oil prices. The stock has hit resistance at the $63.50 level and it could be on the verge of a breakout.\n\nSouthern Copper benefits from higher copper prices. Shares have dropped to support around the $67 level and there’s a chance they rebound.\n\nNewmont is a gold miner. As the price of gold increases, so does its value. The shares are close to the $68.50 level and there’s a chance they find support and rally.","news_type":1},"isVote":1,"tweetType":1,"viewCount":351,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164908981,"gmtCreate":1624163717943,"gmtModify":1703829936482,"author":{"id":"3581476698815031","authorId":"3581476698815031","name":"D9nny","avatar":"https://static.tigerbbs.com/c80bd986320215b8d368a84baa3ad084","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581476698815031","authorIdStr":"3581476698815031"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164908981","repostId":"2144077147","repostType":4,"repost":{"id":"2144077147","pubTimestamp":1624025701,"share":"https://ttm.financial/m/news/2144077147?lang=&edition=fundamental","pubTime":"2021-06-18 22:15","market":"us","language":"en","title":"ROKU Partners With TCL to Launch New TV models in the U.K.","url":"https://stock-news.laohu8.com/highlight/detail?id=2144077147","media":"Zacks","summary":"Roku, Inc. ROKU is expanding its footprint in the U.K. Recently, the company partnered with TCS Elec","content":"<p><b>Roku, Inc. </b>ROKU is expanding its footprint in the U.K. Recently, the company partnered with TCS Electronics to launch TCL Roku TV models in the country.</p>\n<p>These models will be available in both HD and 4K UHD Resolution. The sizes for the smart TV will range from 32-65 inch.</p>\n<p>The TVs have been made available online at currys.co.uk. UK-based consumers can avail a discount voucher code of €20 following online registration.</p>\n<p>These TV models will be offering consumers automatic updates, customizable home screen, free and paid streaming, private listening through the free Roku mobile app, among other features.</p>\n<p>Starting at €229, TCL’s Roku TV models will offer streaming services like <b>Netflix</b> NFLX, Prime Video, <b>Walt Disney</b>’s DIS Disney+, <b>Apple</b>’s AAPL Apple TV+, NOW and others. These TV models also carry the Roku Channel, which offers 25000+ free movies and TV episodes.</p>\n<h3>Roku, Inc. Price and Consensus</h3>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3e50fe4d3bb710056cf8dc2ac53cd977\" tg-width=\"578\" tg-height=\"266\"><span>Roku, Inc. price-consensus-chart | Roku, Inc. Quote</span></p>\n<h3>Strong Content Lineup to Fend Off Competition</h3>\n<p>Expansion into the U.K. with the TCL partnership will boost Roku’s top-line growth. Apart from hardware enhancements, the company keeps innovating and adding new content to its portfolio to increase consumer engagements and attract consumers to its platform.</p>\n<p>For instance, Roku recently announced second season of Kevin Hart starrer <i>Die Hart</i>, named <i>Die Harter</i>. <i>Die Hart</i> is a comedy action series in which Kevin Hart plays a fictionalized version of himself to land a life-changing role of an action hero.</p>\n<p>Also, earlier this month the company announced <i>Roku Recommends</i>, which is a weekly entertainment show. In this 15-minute show, Roku will help consumers find movies and shows that are trending on the platform or what to watch next on the platform.</p>\n<p>Further, Roku announced that it has entered into an agreement with Saban Films. Per this agreement, the Roku Channel will get streaming rights to movies released by Saban Films and a selection of Saban’s 2021 film slate will release exclusively on the Roku Channel for free.</p>\n<p>Markedly, Roku faces stiff competition from other companies that provide TV streaming devices including Apple TV, Google TV and Amazon.</p>\n<p>In April, Apple announced the launch of the next generation of Apple TV 4K. This next generation offers A12 Bionic chip that offers enhanced graphics performance, video decoding and audio processing. This improved picture quality provides enhanced consumer experience and increases consumer traction. Moreover, Google TV will be launched by TCL in the coming months.</p>\n<p>Nevertheless, Roku is riding on surge in premium subscription signups for the Roku Channel. Launch of third-party streaming channels including Peacock, Disney+ and HBO Max is aiding user growth.</p>\n<p>Moreover, streaming hours growth is likely to boost TV streaming advertising on Roku’s platform, driving advertising revenues in the near term for this Zacks Rank #3 (Hold) company. </p>","source":"yahoofinance","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>ROKU Partners With TCL to Launch New TV models in the U.K.</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\">\nROKU Partners With TCL to Launch New TV models in the U.K.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 22:15 GMT+8 <a href=https://finance.yahoo.com/news/roku-partners-tcl-launch-tv-131501084.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Roku, Inc. ROKU is expanding its footprint in the U.K. Recently, the company partnered with TCS Electronics to launch TCL Roku TV models in the country.\nThese models will be available in both HD and ...</p>\n\n<a href=\"https://finance.yahoo.com/news/roku-partners-tcl-launch-tv-131501084.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ROKU":"Roku Inc","AAPL":"苹果","NGD":"New Gold","DIS":"迪士尼"},"source_url":"https://finance.yahoo.com/news/roku-partners-tcl-launch-tv-131501084.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2144077147","content_text":"Roku, Inc. ROKU is expanding its footprint in the U.K. Recently, the company partnered with TCS Electronics to launch TCL Roku TV models in the country.\nThese models will be available in both HD and 4K UHD Resolution. The sizes for the smart TV will range from 32-65 inch.\nThe TVs have been made available online at currys.co.uk. UK-based consumers can avail a discount voucher code of €20 following online registration.\nThese TV models will be offering consumers automatic updates, customizable home screen, free and paid streaming, private listening through the free Roku mobile app, among other features.\nStarting at €229, TCL’s Roku TV models will offer streaming services like Netflix NFLX, Prime Video, Walt Disney’s DIS Disney+, Apple’s AAPL Apple TV+, NOW and others. These TV models also carry the Roku Channel, which offers 25000+ free movies and TV episodes.\nRoku, Inc. Price and Consensus\nRoku, Inc. price-consensus-chart | Roku, Inc. Quote\nStrong Content Lineup to Fend Off Competition\nExpansion into the U.K. with the TCL partnership will boost Roku’s top-line growth. Apart from hardware enhancements, the company keeps innovating and adding new content to its portfolio to increase consumer engagements and attract consumers to its platform.\nFor instance, Roku recently announced second season of Kevin Hart starrer Die Hart, named Die Harter. Die Hart is a comedy action series in which Kevin Hart plays a fictionalized version of himself to land a life-changing role of an action hero.\nAlso, earlier this month the company announced Roku Recommends, which is a weekly entertainment show. In this 15-minute show, Roku will help consumers find movies and shows that are trending on the platform or what to watch next on the platform.\nFurther, Roku announced that it has entered into an agreement with Saban Films. Per this agreement, the Roku Channel will get streaming rights to movies released by Saban Films and a selection of Saban’s 2021 film slate will release exclusively on the Roku Channel for free.\nMarkedly, Roku faces stiff competition from other companies that provide TV streaming devices including Apple TV, Google TV and Amazon.\nIn April, Apple announced the launch of the next generation of Apple TV 4K. This next generation offers A12 Bionic chip that offers enhanced graphics performance, video decoding and audio processing. This improved picture quality provides enhanced consumer experience and increases consumer traction. Moreover, Google TV will be launched by TCL in the coming months.\nNevertheless, Roku is riding on surge in premium subscription signups for the Roku Channel. Launch of third-party streaming channels including Peacock, Disney+ and HBO Max is aiding user growth.\nMoreover, streaming hours growth is likely to boost TV streaming advertising on Roku’s platform, driving advertising revenues in the near term for this Zacks Rank #3 (Hold) company.","news_type":1},"isVote":1,"tweetType":1,"viewCount":214,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163043128,"gmtCreate":1623854515164,"gmtModify":1703821566973,"author":{"id":"3581476698815031","authorId":"3581476698815031","name":"D9nny","avatar":"https://static.tigerbbs.com/c80bd986320215b8d368a84baa3ad084","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581476698815031","authorIdStr":"3581476698815031"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/163043128","repostId":"1123130697","repostType":4,"repost":{"id":"1123130697","pubTimestamp":1623840431,"share":"https://ttm.financial/m/news/1123130697?lang=&edition=fundamental","pubTime":"2021-06-16 18:47","market":"sh","language":"en","title":"Hong Kong to Spend a Record $13 Billion Redeveloping Homes","url":"https://stock-news.laohu8.com/highlight/detail?id=1123130697","media":"bloomberg","summary":"Hong Kong’sUrban Renewal Authorityis planning to deploy a record HK$100 billion ($13 billion) to red","content":"<p>Hong Kong’sUrban Renewal Authorityis planning to deploy a record HK$100 billion ($13 billion) to redevelop old buildings as the city strives to increase housing supply.</p>\n<p>The proposed sum, the largest in the authority’s history, includes the acquisition and construction costs for property redevelopment in the next five years, according to a document provided by the authority. It expects to provide 18,000 new homes with the budget.</p>\n<p>The ambitious plan could help alleviate some of the pressure on the government to boost home supply. Housing issues are a priority for the local government. Ranked as theleast affordablein the world, the property market has frustrated the younger generation in the city who have a hard time buying a home.</p>\n<p>The city’s home prices have been increasing in the past few months to just 2.5% lower than the record set in 2019.</p>\n<p>Established in 2001, the URA is a public body that redevelops old properties in Hong Kong.</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>Hong Kong to Spend a Record $13 Billion Redeveloping Homes</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\">\nHong Kong to Spend a Record $13 Billion Redeveloping Homes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 18:47 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-06-16/hong-kong-to-spend-a-record-13-billion-redeveloping-homes><strong>bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hong Kong’sUrban Renewal Authorityis planning to deploy a record HK$100 billion ($13 billion) to redevelop old buildings as the city strives to increase housing supply.\nThe proposed sum, the largest ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-16/hong-kong-to-spend-a-record-13-billion-redeveloping-homes\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-16/hong-kong-to-spend-a-record-13-billion-redeveloping-homes","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123130697","content_text":"Hong Kong’sUrban Renewal Authorityis planning to deploy a record HK$100 billion ($13 billion) to redevelop old buildings as the city strives to increase housing supply.\nThe proposed sum, the largest in the authority’s history, includes the acquisition and construction costs for property redevelopment in the next five years, according to a document provided by the authority. It expects to provide 18,000 new homes with the budget.\nThe ambitious plan could help alleviate some of the pressure on the government to boost home supply. Housing issues are a priority for the local government. Ranked as theleast affordablein the world, the property market has frustrated the younger generation in the city who have a hard time buying a home.\nThe city’s home prices have been increasing in the past few months to just 2.5% lower than the record set in 2019.\nEstablished in 2001, the URA is a public body that redevelops old properties in Hong Kong.","news_type":1},"isVote":1,"tweetType":1,"viewCount":363,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187165913,"gmtCreate":1623747167332,"gmtModify":1704210247701,"author":{"id":"3581476698815031","authorId":"3581476698815031","name":"D9nny","avatar":"https://static.tigerbbs.com/c80bd986320215b8d368a84baa3ad084","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581476698815031","authorIdStr":"3581476698815031"},"themes":[],"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187165913","repostId":"1140381227","repostType":4,"repost":{"id":"1140381227","pubTimestamp":1623736805,"share":"https://ttm.financial/m/news/1140381227?lang=&edition=fundamental","pubTime":"2021-06-15 14:00","market":"us","language":"en","title":"Why Adobe Could Be Worth $590: A Promising Look Ahead Of Q2 Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=1140381227","media":"seekingalpha","summary":"Summary\n\nDespite rising over 8% in the past week ahead of earnings, there is still room for upside i","content":"<p><b>Summary</b></p>\n<ul>\n <li>Despite rising over 8% in the past week ahead of earnings, there is still room for upside in Adobe stock.</li>\n <li>The firm is well-positioned to benefit from trends in the immediate future and beyond.</li>\n <li>Adobe’s scale and dominance will allow it to continue to thrive and benefit from rapid growth in its total addressable market across its diverse products.</li>\n <li>Strong Q2 earnings could be the catalyst to push the stock over $600.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c4641d2a64b72a5def91db89c766c634\" tg-width=\"1536\" tg-height=\"1023\" referrerpolicy=\"no-referrer\"><span>hapabapa/iStock Editorial via Getty Images</span></p>\n<p><b>I. Investment Thesis</b></p>\n<p>Despite rallying well over 8% in the past week ahead of earnings, there is still room for upside in Adobe Inc. (NASDAQ:ADBE) stock.</p>\n<p>Adobe's historical success with execution of a transition to a cloud-based subscription model will continue to drive strong revenue growth.</p>\n<p>The firm is also well-positioned to benefit from trends in the immediate future and beyond, however, many of these trends and growth opportunities are unrecognized.</p>\n<p>Adobe's scale and dominance will allow it to continue to thrive and benefit from rapid growth in its total addressable market across its diverse products.</p>\n<p>Lastly, strong Q2 earnings could be the catalyst to push the stock over $600 in a bull scenario.</p>\n<p><b>II. Company Overview</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8f64603318c032d51062fefbac14e0a4\" tg-width=\"635\" tg-height=\"403\"><span>Data by YCharts</span></p>\n<p>Adobe operates worldwide, offering software and services used by professionals, marketers, students, and more for creating, managing, measuring, and engaging with compelling content and experiences. As of Q1 FY 2021, the firm generates their revenue from three main segments: Digital Media (~73% of revenues), Digital Experience (~24%), and Publishing & Advertising (~3%).</p>\n<p>The digital media segment includes their most well-known product, Creative Cloud, as well as Document Cloud. Creative Cloud is a diverse toolkit built for creating, publishing, and promoting digital content. Some of the most well-known applications include Photoshop and Illustrator. Adobe Document Cloud is gaining momentum against pure-play firms like DocuSign and is becoming a fierce competitor, especially with regard to small and medium-sized businesses.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b0cc4cdfcefc85d46031470ea14b0b96\" tg-width=\"640\" tg-height=\"534\"><span>(Figure 2.1: All Adobe Creative Cloud and Document Cloud tools. Source:Adobe Investor Relations)</span></p>\n<p>The Digital Experience Cloud is designed to help users manage, measure, automate, and optimize customer experiences and customer engagement. Adobe has done a great job expanding into various industries through this segment, including retail, media, financial services, technology, education, and more. The segment has been slowly increasing in size and can be expected to provide long-term support to Adobe's strong revenue growth.</p>\n<p>The third segment, formerly known as Print & Publishing, was renamed last quarter to \"Publishing & Advertising\", as Adobe shifted the revenues from their advertising portion of Digital Experience to this new segment. With the demand of print on the decline, this reclassification allows for a more accurate balance of product divisions. With data from only one quarter of this new classification, it's hard to evaluate the performance of advertising, but there should be more clarity over the next few quarters.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/87624e36a52106e31d0d80466051fbed\" tg-width=\"640\" tg-height=\"306\"><span>(Figure 2.2: Some large organizations and industries using Experience Cloud. Source: Personal Pitch Deck;Adobe Financial Analyst Meeting 2020 Slides, Adobe Investor Relations)</span></p>\n<p><b>III. Growth Drivers1) Digital Business Transformation</b></p>\n<p>Historically, Adobe has been one of the most successful firms in migrating a user base from a traditional one-time license-based model to a cloud-based subscription revenue model. A cloud-based subscription model is extremely crucial as it allows technology firms to see more stability in future revenue streams. As of last quarter, Adobe generates approximately 83% of revenues through a recurring stream. For analysts and investors, this gives confidence and a much clearer indication as to the quality and consistency of cash flows. It also allows cloud firms to strengthen margins and benefit from scale, which we already see with Adobe. Subscription revenues are derived from the Digital Media and Digital Experience segments, and the new Publishing & Advertising Segment (not accounted for below).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ae29c71332820c9ea3bc7feb3e34f3f4\" tg-width=\"612\" tg-height=\"287\"><span>(Figure 3.1: Subscription Revenue by Segment & Growth. Source: Personal Financial Model;Adobe 10-Qs and 10-Ks 2017-2021)</span></p>\n<p>Annualized recurring revenue, a more software industry-specific metric, sheds light on how much revenue the firm generates over the course of a year that is guaranteed to occur again. This value doesn't just tell us how much revenue is generated from subscriptions and contracts, but also roughly the net value of expansions and churn. As ARR growth continues to be positive, we see that a) more customers are paying for services each year, and b) customers are on average spending more with Adobe. Essentially, net expansions are outweighing churn, which could mean either a) or b) above, or a mix of both. Since the quantifiable values of net expansion and churn are not readily available in public filings, it is too difficult to explore this avenue further.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/94c83308896f43725bd3fa575223afd3\" tg-width=\"640\" tg-height=\"315\"><span>(Figure 3.2: ARR and % Growth. Source: Personal Financial Model; Adobe 10-Qs and 10-Ks 2017-2021)</span></p>\n<p>Even with a plateau of subscription and ARR growth, we are seeing >20% YoY revenue growth for a large-cap firm that has been a leader in the industry for well over a decade. The customer transition to the new revenue model is essentially complete and has consistently outperformed expectations, with stronger comparable margins across the board as Adobe continues to dominate in scale.</p>\n<p><b>2) Advertising, Analytics, & New Tech</b></p>\n<p>Various profitable digital and marketing-related trends of 2021 and into the future include e-commerce, analytics, AI & automation, augmented reality, and virtual reality. We typically see large software firms position themselves to benefit from tailwinds through R&D to strengthen innovation, or M&A to expand market share and product diversification.</p>\n<p>Adobe has recently completed over a dozen strategic acquisitions and investments that revolve around these key areas. The firm is taking care to ensure their most recent acquisitions will be effectively integrated into their respective platforms to set up strong market positioning. At the end of last year, we heard from management that the team was most likely not planning any large acquisitions in 2021, mainly because 1) speculative software is trading at high multiples and is overvalued, and 2) so they can focus on working with what they currently have.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b3d4103feae0e6b47c7e25cb538ad6a8\" tg-width=\"640\" tg-height=\"268\"><span>(Figure 3.3: Acquisitions & Investments, 2018-2021. Source: Bloomberg)</span></p>\n<p>Spending about 17% of revenues on R&D as of last quarter, the firm has utilized their capital efficiently to foster innovation and a competitive edge. Adobe most recently has worked to expand the breadth of their Creative Cloud tools - especially ones designed for mobile devices - to increase the appeal of their products to different user groups in new or unique markets.</p>\n<p>Effective use of capital towards R&D and M&A initiatives led by strong margins and cash flows should allow the company to gain traction in new verticals and continue to accelerate revenue growth in the subscription segment.</p>\n<p><b>3) Market and Global Opportunity</b></p>\n<p>As the firm shed light on its Total Addressable Market [TAM] for the next few years in its financial analyst meeting of 2020, Adobe has huge plans to capture diverse user groups to an expanding TAM in Creative Cloud, Document Cloud, and Experience Cloud by 2023 - their largest areas for growth. The projected TAM in these segments from 2021 to 2023 has grown 40.4%*, 180.0%*, and 19.4%*, respectively. We see Adobe has the largest potential in its Digital Media segment through Creative Cloud and Document Cloud, although the market for its Experience Cloud has still grown modestly. In the figures below, we take a look at some of these numbers, and some of the plans outlined by Adobe.</p>\n<p><i>(* - numbers calculated from financial analyst meeting slides from2018,2019, and2020, respectively)</i></p>\n<p><img src=\"https://static.tigerbbs.com/78c05a2d3b73284773f38278b989864a\" tg-width=\"640\" tg-height=\"339\" referrerpolicy=\"no-referrer\"></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9cbbdf4bdb593b40ba4be71e3483ac91\" tg-width=\"640\" tg-height=\"340\"><span>(Figures 3.4, 3.5, & 3.6: Total Addressable Market, various product lines. Source: Financial Analyst Meeting 2020 Slides, Adobe Investor Relations)</span></p>\n<p>Adobe's product depth, market share, customer loyalty, and high brand recognition for their flagship creative software over the past two decades make a strong case as to why the firm can be expected to successfully execute its intermediate-term growth strategies. Adobe is positioned well to benefit from growth in the total addressable market for all three segments and specific products.</p>\n<p>We have seen from earlier mentions of Adobe's expansion into key areas that they have already been successful in penetrating markets with web and mobile-based tools, and increased adoption of 3D development. This reinforces my view of Adobe's ability to continue to capture a larger share of the total addressable market for its Creative Cloud.</p>\n<p>The firm's deep customer loyalty and brand recognition will allow the firm to continue to grab larger shares of the CRM market with their Experience Cloud platform as the company continues to expand further into unique industries like healthcare and education.</p>\n<p>In this section, I'd also like to explore the importance of strong margins a bit further. According to Bloomberg data, Adobe's subscription revenue (which is generated from its cloud-based business) achieved a gross margin of 91% last quarter. If we look back to 2009, before Adobe began their transition to a cloud-based model, gross margin from subscription revenue was ~35%. For Salesforce (NYSE:CRM), another large-cap application software firm, gross margin last quarter from subscription was ~80%. Previously to their cloud model, in 2008, Salesforce's gross margin for the segment was ~87%.</p>\n<p>My conclusion is that a company like Salesforce has struggled to execute a long-term cloud strategy that would allow them to truly benefit from scale. With the growth in gross margin for Adobe from 35% to 91% (a 160% increase) from 2009 to 2021, this means that cost of revenue for subscription and cloud-based services has been decreasing proportionally, which makes sense for a strategy that has been executed successfully. Essentially, this gives firms like Adobe the upper hand with the ability to reinvest more capital into the business to achieve its strategic initiatives, such as those outlined in their financial analyst meeting slides above.</p>\n<p>Next is global opportunity. As consumer confidence continues to increase, Global IT Spending is already on the rebound, benefitting Adobe nicely. Results for Q1 FY2021 gave insight toward how enterprises are increasing software spending again post-pandemic, with total revenue up about 26% over the previous quarter. This, along with Adobe's solid performance during the pandemic, prove how strong the company's fundamentals really are.</p>\n<p>Furthermore, Adobe currently generates ~58% of revenues from the Americas, which means that they already have proven success in other areas globally. If Adobe can increase exposure specifically in EMEA it can be lucrative as emerging markets are expected to outperform and benefit from increased foreign investment. There is more to be explored in this area of expansion.</p>\n<p><b>IV. Major Risks</b></p>\n<p>Although subscription growth is beginning to plateau at about 20% YoY, in the next few years, it may begin to decline. This means Adobe must work harder in gaining a competitive edge, most likely through M&A and R&D. If Adobe does not effectively integrate its acquisitions into its platforms, it can impact margins short-term and prove to be inefficient use of capital. With a strong cash flow and relatively small debt load, even in this scenario, I don't believe it would impact Adobe's ability to generate cash flows intermediate to long term.</p>\n<p>According to an analysis of Porter's Five Forces, the application software subsector has a high degree of competition and a medium threat of substitutes. Currently, Salesforce dominates the relationship management space. Adobe is gaining traction, but due to the long enterprise sales cycle nature of the industry, there may be a lag in a shift to an environment that is more favorable for Adobe's Experience Cloud growth. Therefore, stock price may not accurately reflect the success of this segment immediately.</p>\n<p>Software products are reliant on the same enterprise IT budget of a given firm. Adobe and other large-cap application software firms may have to develop a strategy to reduce costs and pricing short-term. However, with strong roots in the industry, a successful business model, and a long sales cycle, I don't see this having a huge impact on Adobe's market share.</p>\n<p>Although consumer confidence has continued to increase post-pandemic, there are still unprecedented effects that are unexpected and cannot be measured. If Global IT Spending does not rebound as quickly as expected, Adobe may continue to see quarters of unexpectedly slow growth. This is most damaging for companies that rely on large enterprise spending. However, the technology firms that seem to be benefitting the most from the pandemic and lockdown orders are cloud-based software.</p>\n<p><b>V. Valuation</b></p>\n<p><b>1) Comparative Valuation</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bb5f13cdb163707d91d814d480a77cb4\" tg-width=\"563\" tg-height=\"292\"><span>(Figure 4.1: Comparable Analysis. Source: Bloomberg)</span></p>\n<p>Starting with a quick comparative analysis, we see that Adobe is trading at a slight discount to its peers. In an industry that is highly speculative, Adobe provides an investment in a stock with less risk and solid returns.</p>\n<p>An interesting analysis I conducted was a comparison of R&D expenditures to future projected revenue growth to get insight as to how efficient software firms are at utilizing their profits to focus on firm growth. In an industry where differentiation and innovation are key, I thought this concept would be interesting to observe. The graph below displays the top 25 application software firms, by market cap. Essentially, any firm above the line is currently using their capital efficiently towards greater growth, while those below the line are not using their capital efficiently. Comparing the findings of this graph with the risk vs. return of stocks above the line, we further see that Adobe is a solid long-term pick.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f7b2e34e56a06154b15bbe16a9936cf1\" tg-width=\"640\" tg-height=\"346\"><span>(Figure 4.2: R&D vs. Future Revenue Growth Forecast. Source: Bloomberg; Personal Pitch Deck)</span></p>\n<p><b>2) Intrinsic Valuation</b></p>\n<p>The first set of calculations was forecasting future revenue streams of the business segments. Based on my research and assumptions, I used a weighted moving average to calculate growth rates, then used a regression of historical market and industry growth expectations to adjust the top-line revenue estimates. The rest of the model was built upon a mix of more industry expectations, as well as assumptions, estimates, and long-term goals set forth by management.</p>\n<p>I calculated a discount rate of 6.87%, which was used to discount the projected cash flows until 2025. To calculate the present value of the cash flows of 2026-beyond, I used the perpetual growth rate method, and based on my concluding research, assumed a perpetual growth rate of 3.5%. This brought me to a 12-month PT of ~$590.</p>\n<p>In a bull case scenario where revenue growth exceeds 20% YoY from 2022-2025, or where the perpetual growth rate assumed in the model is changed to 4.0%, we see the price target soaring above $600.</p>\n<p>When initially developing my model and report, Adobe stock was ~$485. However, we've seen a run up of the price over the past few days, from about $515 to surpassing $550. It is typical to see a rally in tech stocks before their earnings, which deflates the potential return. This means that there may be a solid entry point immediately post-earnings, depending on if the price drops or not.</p>\n<p>Furthermore, this does not consider Adobe's share buyback plan that was authorized, which would increase the value of shares and earnings. I think that Q2 earnings should provide more clarity.</p>\n<p><b>VI. Conclusion</b></p>\n<p>Adobe has seen major success in growth and scale, which will support its strategic initiatives. The firm has proven to be a leader in 2021 macroeconomic and software industry trends, which will provide tailwinds for growth of its subscription-based segments.</p>\n<p>With inflation fears, right now is the time to shift investments diversified across technology to more fundamentally stable large-cap firms, like Adobe, to combat uncertainty. I think there should be an optimal entry point immediately post-earnings, unless earnings drive the price higher after-hours. Regardless, as a growth prospect with proven cash flows and healthy margins, I see any entry in Adobe as a solid-long term pick that is less speculative of a play.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Adobe Could Be Worth $590: A Promising Look Ahead Of Q2 Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Adobe Could Be Worth $590: A Promising Look Ahead Of Q2 Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 14:00 GMT+8 <a href=https://seekingalpha.com/article/4434786-why-adobe-stock-could-be-worth-590-dollars><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nDespite rising over 8% in the past week ahead of earnings, there is still room for upside in Adobe stock.\nThe firm is well-positioned to benefit from trends in the immediate future and beyond...</p>\n\n<a href=\"https://seekingalpha.com/article/4434786-why-adobe-stock-could-be-worth-590-dollars\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ADBE":"Adobe"},"source_url":"https://seekingalpha.com/article/4434786-why-adobe-stock-could-be-worth-590-dollars","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140381227","content_text":"Summary\n\nDespite rising over 8% in the past week ahead of earnings, there is still room for upside in Adobe stock.\nThe firm is well-positioned to benefit from trends in the immediate future and beyond.\nAdobe’s scale and dominance will allow it to continue to thrive and benefit from rapid growth in its total addressable market across its diverse products.\nStrong Q2 earnings could be the catalyst to push the stock over $600.\n\nhapabapa/iStock Editorial via Getty Images\nI. Investment Thesis\nDespite rallying well over 8% in the past week ahead of earnings, there is still room for upside in Adobe Inc. (NASDAQ:ADBE) stock.\nAdobe's historical success with execution of a transition to a cloud-based subscription model will continue to drive strong revenue growth.\nThe firm is also well-positioned to benefit from trends in the immediate future and beyond, however, many of these trends and growth opportunities are unrecognized.\nAdobe's scale and dominance will allow it to continue to thrive and benefit from rapid growth in its total addressable market across its diverse products.\nLastly, strong Q2 earnings could be the catalyst to push the stock over $600 in a bull scenario.\nII. Company Overview\nData by YCharts\nAdobe operates worldwide, offering software and services used by professionals, marketers, students, and more for creating, managing, measuring, and engaging with compelling content and experiences. As of Q1 FY 2021, the firm generates their revenue from three main segments: Digital Media (~73% of revenues), Digital Experience (~24%), and Publishing & Advertising (~3%).\nThe digital media segment includes their most well-known product, Creative Cloud, as well as Document Cloud. Creative Cloud is a diverse toolkit built for creating, publishing, and promoting digital content. Some of the most well-known applications include Photoshop and Illustrator. Adobe Document Cloud is gaining momentum against pure-play firms like DocuSign and is becoming a fierce competitor, especially with regard to small and medium-sized businesses.\n(Figure 2.1: All Adobe Creative Cloud and Document Cloud tools. Source:Adobe Investor Relations)\nThe Digital Experience Cloud is designed to help users manage, measure, automate, and optimize customer experiences and customer engagement. Adobe has done a great job expanding into various industries through this segment, including retail, media, financial services, technology, education, and more. The segment has been slowly increasing in size and can be expected to provide long-term support to Adobe's strong revenue growth.\nThe third segment, formerly known as Print & Publishing, was renamed last quarter to \"Publishing & Advertising\", as Adobe shifted the revenues from their advertising portion of Digital Experience to this new segment. With the demand of print on the decline, this reclassification allows for a more accurate balance of product divisions. With data from only one quarter of this new classification, it's hard to evaluate the performance of advertising, but there should be more clarity over the next few quarters.\n(Figure 2.2: Some large organizations and industries using Experience Cloud. Source: Personal Pitch Deck;Adobe Financial Analyst Meeting 2020 Slides, Adobe Investor Relations)\nIII. Growth Drivers1) Digital Business Transformation\nHistorically, Adobe has been one of the most successful firms in migrating a user base from a traditional one-time license-based model to a cloud-based subscription revenue model. A cloud-based subscription model is extremely crucial as it allows technology firms to see more stability in future revenue streams. As of last quarter, Adobe generates approximately 83% of revenues through a recurring stream. For analysts and investors, this gives confidence and a much clearer indication as to the quality and consistency of cash flows. It also allows cloud firms to strengthen margins and benefit from scale, which we already see with Adobe. Subscription revenues are derived from the Digital Media and Digital Experience segments, and the new Publishing & Advertising Segment (not accounted for below).\n(Figure 3.1: Subscription Revenue by Segment & Growth. Source: Personal Financial Model;Adobe 10-Qs and 10-Ks 2017-2021)\nAnnualized recurring revenue, a more software industry-specific metric, sheds light on how much revenue the firm generates over the course of a year that is guaranteed to occur again. This value doesn't just tell us how much revenue is generated from subscriptions and contracts, but also roughly the net value of expansions and churn. As ARR growth continues to be positive, we see that a) more customers are paying for services each year, and b) customers are on average spending more with Adobe. Essentially, net expansions are outweighing churn, which could mean either a) or b) above, or a mix of both. Since the quantifiable values of net expansion and churn are not readily available in public filings, it is too difficult to explore this avenue further.\n(Figure 3.2: ARR and % Growth. Source: Personal Financial Model; Adobe 10-Qs and 10-Ks 2017-2021)\nEven with a plateau of subscription and ARR growth, we are seeing >20% YoY revenue growth for a large-cap firm that has been a leader in the industry for well over a decade. The customer transition to the new revenue model is essentially complete and has consistently outperformed expectations, with stronger comparable margins across the board as Adobe continues to dominate in scale.\n2) Advertising, Analytics, & New Tech\nVarious profitable digital and marketing-related trends of 2021 and into the future include e-commerce, analytics, AI & automation, augmented reality, and virtual reality. We typically see large software firms position themselves to benefit from tailwinds through R&D to strengthen innovation, or M&A to expand market share and product diversification.\nAdobe has recently completed over a dozen strategic acquisitions and investments that revolve around these key areas. The firm is taking care to ensure their most recent acquisitions will be effectively integrated into their respective platforms to set up strong market positioning. At the end of last year, we heard from management that the team was most likely not planning any large acquisitions in 2021, mainly because 1) speculative software is trading at high multiples and is overvalued, and 2) so they can focus on working with what they currently have.\n(Figure 3.3: Acquisitions & Investments, 2018-2021. Source: Bloomberg)\nSpending about 17% of revenues on R&D as of last quarter, the firm has utilized their capital efficiently to foster innovation and a competitive edge. Adobe most recently has worked to expand the breadth of their Creative Cloud tools - especially ones designed for mobile devices - to increase the appeal of their products to different user groups in new or unique markets.\nEffective use of capital towards R&D and M&A initiatives led by strong margins and cash flows should allow the company to gain traction in new verticals and continue to accelerate revenue growth in the subscription segment.\n3) Market and Global Opportunity\nAs the firm shed light on its Total Addressable Market [TAM] for the next few years in its financial analyst meeting of 2020, Adobe has huge plans to capture diverse user groups to an expanding TAM in Creative Cloud, Document Cloud, and Experience Cloud by 2023 - their largest areas for growth. The projected TAM in these segments from 2021 to 2023 has grown 40.4%*, 180.0%*, and 19.4%*, respectively. We see Adobe has the largest potential in its Digital Media segment through Creative Cloud and Document Cloud, although the market for its Experience Cloud has still grown modestly. In the figures below, we take a look at some of these numbers, and some of the plans outlined by Adobe.\n(* - numbers calculated from financial analyst meeting slides from2018,2019, and2020, respectively)\n\n(Figures 3.4, 3.5, & 3.6: Total Addressable Market, various product lines. Source: Financial Analyst Meeting 2020 Slides, Adobe Investor Relations)\nAdobe's product depth, market share, customer loyalty, and high brand recognition for their flagship creative software over the past two decades make a strong case as to why the firm can be expected to successfully execute its intermediate-term growth strategies. Adobe is positioned well to benefit from growth in the total addressable market for all three segments and specific products.\nWe have seen from earlier mentions of Adobe's expansion into key areas that they have already been successful in penetrating markets with web and mobile-based tools, and increased adoption of 3D development. This reinforces my view of Adobe's ability to continue to capture a larger share of the total addressable market for its Creative Cloud.\nThe firm's deep customer loyalty and brand recognition will allow the firm to continue to grab larger shares of the CRM market with their Experience Cloud platform as the company continues to expand further into unique industries like healthcare and education.\nIn this section, I'd also like to explore the importance of strong margins a bit further. According to Bloomberg data, Adobe's subscription revenue (which is generated from its cloud-based business) achieved a gross margin of 91% last quarter. If we look back to 2009, before Adobe began their transition to a cloud-based model, gross margin from subscription revenue was ~35%. For Salesforce (NYSE:CRM), another large-cap application software firm, gross margin last quarter from subscription was ~80%. Previously to their cloud model, in 2008, Salesforce's gross margin for the segment was ~87%.\nMy conclusion is that a company like Salesforce has struggled to execute a long-term cloud strategy that would allow them to truly benefit from scale. With the growth in gross margin for Adobe from 35% to 91% (a 160% increase) from 2009 to 2021, this means that cost of revenue for subscription and cloud-based services has been decreasing proportionally, which makes sense for a strategy that has been executed successfully. Essentially, this gives firms like Adobe the upper hand with the ability to reinvest more capital into the business to achieve its strategic initiatives, such as those outlined in their financial analyst meeting slides above.\nNext is global opportunity. As consumer confidence continues to increase, Global IT Spending is already on the rebound, benefitting Adobe nicely. Results for Q1 FY2021 gave insight toward how enterprises are increasing software spending again post-pandemic, with total revenue up about 26% over the previous quarter. This, along with Adobe's solid performance during the pandemic, prove how strong the company's fundamentals really are.\nFurthermore, Adobe currently generates ~58% of revenues from the Americas, which means that they already have proven success in other areas globally. If Adobe can increase exposure specifically in EMEA it can be lucrative as emerging markets are expected to outperform and benefit from increased foreign investment. There is more to be explored in this area of expansion.\nIV. Major Risks\nAlthough subscription growth is beginning to plateau at about 20% YoY, in the next few years, it may begin to decline. This means Adobe must work harder in gaining a competitive edge, most likely through M&A and R&D. If Adobe does not effectively integrate its acquisitions into its platforms, it can impact margins short-term and prove to be inefficient use of capital. With a strong cash flow and relatively small debt load, even in this scenario, I don't believe it would impact Adobe's ability to generate cash flows intermediate to long term.\nAccording to an analysis of Porter's Five Forces, the application software subsector has a high degree of competition and a medium threat of substitutes. Currently, Salesforce dominates the relationship management space. Adobe is gaining traction, but due to the long enterprise sales cycle nature of the industry, there may be a lag in a shift to an environment that is more favorable for Adobe's Experience Cloud growth. Therefore, stock price may not accurately reflect the success of this segment immediately.\nSoftware products are reliant on the same enterprise IT budget of a given firm. Adobe and other large-cap application software firms may have to develop a strategy to reduce costs and pricing short-term. However, with strong roots in the industry, a successful business model, and a long sales cycle, I don't see this having a huge impact on Adobe's market share.\nAlthough consumer confidence has continued to increase post-pandemic, there are still unprecedented effects that are unexpected and cannot be measured. If Global IT Spending does not rebound as quickly as expected, Adobe may continue to see quarters of unexpectedly slow growth. This is most damaging for companies that rely on large enterprise spending. However, the technology firms that seem to be benefitting the most from the pandemic and lockdown orders are cloud-based software.\nV. Valuation\n1) Comparative Valuation\n(Figure 4.1: Comparable Analysis. Source: Bloomberg)\nStarting with a quick comparative analysis, we see that Adobe is trading at a slight discount to its peers. In an industry that is highly speculative, Adobe provides an investment in a stock with less risk and solid returns.\nAn interesting analysis I conducted was a comparison of R&D expenditures to future projected revenue growth to get insight as to how efficient software firms are at utilizing their profits to focus on firm growth. In an industry where differentiation and innovation are key, I thought this concept would be interesting to observe. The graph below displays the top 25 application software firms, by market cap. Essentially, any firm above the line is currently using their capital efficiently towards greater growth, while those below the line are not using their capital efficiently. Comparing the findings of this graph with the risk vs. return of stocks above the line, we further see that Adobe is a solid long-term pick.\n(Figure 4.2: R&D vs. Future Revenue Growth Forecast. Source: Bloomberg; Personal Pitch Deck)\n2) Intrinsic Valuation\nThe first set of calculations was forecasting future revenue streams of the business segments. Based on my research and assumptions, I used a weighted moving average to calculate growth rates, then used a regression of historical market and industry growth expectations to adjust the top-line revenue estimates. The rest of the model was built upon a mix of more industry expectations, as well as assumptions, estimates, and long-term goals set forth by management.\nI calculated a discount rate of 6.87%, which was used to discount the projected cash flows until 2025. To calculate the present value of the cash flows of 2026-beyond, I used the perpetual growth rate method, and based on my concluding research, assumed a perpetual growth rate of 3.5%. This brought me to a 12-month PT of ~$590.\nIn a bull case scenario where revenue growth exceeds 20% YoY from 2022-2025, or where the perpetual growth rate assumed in the model is changed to 4.0%, we see the price target soaring above $600.\nWhen initially developing my model and report, Adobe stock was ~$485. However, we've seen a run up of the price over the past few days, from about $515 to surpassing $550. It is typical to see a rally in tech stocks before their earnings, which deflates the potential return. This means that there may be a solid entry point immediately post-earnings, depending on if the price drops or not.\nFurthermore, this does not consider Adobe's share buyback plan that was authorized, which would increase the value of shares and earnings. I think that Q2 earnings should provide more clarity.\nVI. Conclusion\nAdobe has seen major success in growth and scale, which will support its strategic initiatives. The firm has proven to be a leader in 2021 macroeconomic and software industry trends, which will provide tailwinds for growth of its subscription-based segments.\nWith inflation fears, right now is the time to shift investments diversified across technology to more fundamentally stable large-cap firms, like Adobe, to combat uncertainty. I think there should be an optimal entry point immediately post-earnings, unless earnings drive the price higher after-hours. Regardless, as a growth prospect with proven cash flows and healthy margins, I see any entry in Adobe as a solid-long term pick that is less speculative of a play.","news_type":1},"isVote":1,"tweetType":1,"viewCount":267,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187185379,"gmtCreate":1623746845891,"gmtModify":1704210234427,"author":{"id":"3581476698815031","authorId":"3581476698815031","name":"D9nny","avatar":"https://static.tigerbbs.com/c80bd986320215b8d368a84baa3ad084","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581476698815031","authorIdStr":"3581476698815031"},"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/187185379","repostId":"1123375053","repostType":4,"repost":{"id":"1123375053","pubTimestamp":1623745435,"share":"https://ttm.financial/m/news/1123375053?lang=&edition=fundamental","pubTime":"2021-06-15 16:23","market":"us","language":"en","title":"Tesla, MicroStrategy, Riot Blockchain Stocks Up As Bitcoin Regains Strength At $40,000 Level","url":"https://stock-news.laohu8.com/highlight/detail?id=1123375053","media":"yahoo","summary":"Blockchain Stocks Up As Bitcoin Regains Strength At $40,000 Level.\n\nBitcoin has seen significant gai","content":"<p>Blockchain Stocks Up As Bitcoin Regains Strength At $40,000 Level.</p>\n<p><img src=\"https://static.tigerbbs.com/bcb7953764bb128bc18cd601e00a3e92\" tg-width=\"287\" tg-height=\"367\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Bitcoin</b> has seen significant gains today, as well as stocks of companies related to the world's top cryptocurrency following Elon Musk's reassuring tweet indicating that Tesla will accept the leading cryptocurrency again.</p>\n<p><b>What Happened:</b> CoinMarketCapdatasuggests that Bitcoin price grew by over 14.3% from its 24-hour low of $36,000 to a high of nearly $41,000, before settling at its current price of $40,306 at press time.</p>\n<p><img src=\"https://static.tigerbbs.com/87d03c0cede12209e410f4a012c4c59d\" tg-width=\"1070\" tg-height=\"776\"></p>\n<p>According to Paolo Ardoino, CTO of Bitfinex, \"the king of crypto is carrying cryptocurrency markets higher.\"</p>\n<p>\"Meanwhile, Bitcoin’s utility and use cases such as the Lightning Network continue to strengthen and grow. While it is important to always take a long-term view, we’re seeing a quiet optimism return to the market,\" he added.</p>\n<p>Cryptocurrency mining enterprise <b>Riot Blockchain Inc.</b>(NASDAQ:RIOT) shares are up over 20% Monday, beating even Bitcoin's growth over the last 24-hours, with a stock price of $37.25.</p>\n<p><b>Microstrategy</b>(NASDAQ:MSTR)'s stock has been 15% up Monday and was trading at $590 at press time. The company has invested almost all of its revenue into Bitcoin and raising further capital through the issuance of bonds to buy even more.</p>\n<p>Microstrategy recentlyannouncedthat it intended to raise $400 million to buy Bitcoin but thendecidedto raise $500 instead, and the bond offering got oversubscribed to a total of $1.6 billion.</p>\n<p>Lastly,<b>Tesla Inc</b>(NASDAQ:TSLA) has seen its shares rise by 1.28% Monady after Musk's statement.</p>\n<p><img src=\"https://static.tigerbbs.com/90130509ac2ffdd09edf9123136048fa\" tg-width=\"663\" tg-height=\"440\" referrerpolicy=\"no-referrer\"></p>\n<p>The shares were trading at $618 at press time.</p>","source":"yahoofinance_sg","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>Tesla, MicroStrategy, Riot Blockchain Stocks Up As Bitcoin Regains Strength At $40,000 Level</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla, MicroStrategy, Riot Blockchain Stocks Up As Bitcoin Regains Strength At $40,000 Level\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 16:23 GMT+8 <a href=https://finance.yahoo.com/news/tesla-microstrategy-riot-blockchain-stocks-170045555.html><strong>yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Blockchain Stocks Up As Bitcoin Regains Strength At $40,000 Level.\n\nBitcoin has seen significant gains today, as well as stocks of companies related to the world's top cryptocurrency following Elon ...</p>\n\n<a href=\"https://finance.yahoo.com/news/tesla-microstrategy-riot-blockchain-stocks-170045555.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MARA":"Marathon Digital Holdings Inc","CAN":"嘉楠科技","RIOT":"Riot Platforms","TSLA":"特斯拉"},"source_url":"https://finance.yahoo.com/news/tesla-microstrategy-riot-blockchain-stocks-170045555.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123375053","content_text":"Blockchain Stocks Up As Bitcoin Regains Strength At $40,000 Level.\n\nBitcoin has seen significant gains today, as well as stocks of companies related to the world's top cryptocurrency following Elon Musk's reassuring tweet indicating that Tesla will accept the leading cryptocurrency again.\nWhat Happened: CoinMarketCapdatasuggests that Bitcoin price grew by over 14.3% from its 24-hour low of $36,000 to a high of nearly $41,000, before settling at its current price of $40,306 at press time.\n\nAccording to Paolo Ardoino, CTO of Bitfinex, \"the king of crypto is carrying cryptocurrency markets higher.\"\n\"Meanwhile, Bitcoin’s utility and use cases such as the Lightning Network continue to strengthen and grow. While it is important to always take a long-term view, we’re seeing a quiet optimism return to the market,\" he added.\nCryptocurrency mining enterprise Riot Blockchain Inc.(NASDAQ:RIOT) shares are up over 20% Monday, beating even Bitcoin's growth over the last 24-hours, with a stock price of $37.25.\nMicrostrategy(NASDAQ:MSTR)'s stock has been 15% up Monday and was trading at $590 at press time. The company has invested almost all of its revenue into Bitcoin and raising further capital through the issuance of bonds to buy even more.\nMicrostrategy recentlyannouncedthat it intended to raise $400 million to buy Bitcoin but thendecidedto raise $500 instead, and the bond offering got oversubscribed to a total of $1.6 billion.\nLastly,Tesla Inc(NASDAQ:TSLA) has seen its shares rise by 1.28% Monady after Musk's statement.\n\nThe shares were trading at $618 at press time.","news_type":1},"isVote":1,"tweetType":1,"viewCount":413,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}