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Tw0d3MooN
2021-08-03
Long overdue. Time for Google to shine.
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Tw0d3MooN
2021-06-28
More Fuds
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Tw0d3MooN
2021-06-09
Take extra precaution when trading memes
Why These 3 Meme Stocks Can Be Good Long-Term Investments
Tw0d3MooN
2021-06-07
Hoping for a further dip so that I can increase my position.
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Tw0d3MooN
2021-06-06
Take extra care when trading memes
How The AMC Squeeze Compares To The GameStop Run: Are Buyers Just Playing A Game?
Tw0d3MooN
2021-06-04
Please be careful with the memes.
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Tw0d3MooN
2021-05-06
But prices will still go up in the long term. Diamond Hands Bois.
This Day In Market History: Panic Of 1893 Crashes Stock Market
Tw0d3MooN
2021-04-28
Hope the recovery come soon.
Early Tickets for Hong Kong-Singapore Travel Bubble Sold Out
Tw0d3MooN
2021-04-24
I surely hope it does.
Tesla Stock Split: Will It Happen Again?
Tw0d3MooN
2021-04-22
Still waiting for the dips? Good luck to the bystanders. [666]
JPMorgan Analyst Believes Bitcoin Needs To Regain $60,000 Level Fast Otherwise It'll Collapse
Tw0d3MooN
2021-04-20
Only For Diamond Hands
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Tw0d3MooN
2021-04-19
Time to add more positions.
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Tw0d3MooN
2021-04-19
Time to load it up.
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Tw0d3MooN
2021-04-19
Diamond Hands
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Tw0d3MooN
2021-04-18
Coinbase to be as Volatile as Bitcoin?
U.S. stocks gained in Friday open. Blockchain stocks fell
Go to Tiger App to see more news
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Time for Google to shine. ","listText":"Long overdue. Time for Google to shine. ","text":"Long overdue. Time for Google to shine.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/804663637","repostId":"1126479421","repostType":4,"isVote":1,"tweetType":1,"viewCount":885,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127809879,"gmtCreate":1624841768191,"gmtModify":1703845846731,"author":{"id":"3581684923109887","authorId":"3581684923109887","name":"Tw0d3MooN","avatar":"https://static.tigerbbs.com/1792a6da317090d0d10ea17a99f1dfa1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581684923109887","authorIdStr":"3581684923109887"},"themes":[],"htmlText":"More Fuds","listText":"More Fuds","text":"More Fuds","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/127809879","repostId":"1149670859","repostType":4,"isVote":1,"tweetType":1,"viewCount":454,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":180354698,"gmtCreate":1623191323314,"gmtModify":1704197836705,"author":{"id":"3581684923109887","authorId":"3581684923109887","name":"Tw0d3MooN","avatar":"https://static.tigerbbs.com/1792a6da317090d0d10ea17a99f1dfa1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581684923109887","authorIdStr":"3581684923109887"},"themes":[],"htmlText":"Take extra precaution when trading memes ","listText":"Take extra precaution when trading memes ","text":"Take extra precaution when trading memes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/180354698","repostId":"2141266499","repostType":4,"repost":{"id":"2141266499","pubTimestamp":1623162640,"share":"https://ttm.financial/m/news/2141266499?lang=&edition=fundamental","pubTime":"2021-06-08 22:30","market":"us","language":"en","title":"Why These 3 Meme Stocks Can Be Good Long-Term Investments","url":"https://stock-news.laohu8.com/highlight/detail?id=2141266499","media":"Motley Fool","summary":"An influx of cash can fix a lot of problems.","content":"<p>There's no question about it. Meme stocks are risky. Any stock that is volatile enough that it can jump by more than 20% in a given day can send your portfolio on a wild roller coaster ride. However, that doesn't mean you should always avoid these types of stocks.</p>\n<p>Over the long term, stocks such as <b>Sundial Growers </b>(NASDAQ:SNDL), <b>GameStop </b>(NYSE:GME), and <b>AMC Entertainment </b>(NYSE:AMC) could turn out to be great investments. Although there is considerable risk with investing in these stocks, the potential returns may be significant.</p>\n<p><img src=\"https://static.tigerbbs.com/a645ba6ab64f3b1db95215ce833cd0f3\" tg-width=\"700\" tg-height=\"421\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h3>1. Sundial Growers</h3>\n<p>Earlier this year, Sundial Growers' stock hit a high of $3.96. And while it's nowhere near that price today, the bullish activity that retail investors and speculators helped generate around Sundial allowed the company to raise millions through multiple share offerings. On May 7, Sundial reported an unrestricted cash balance of 753 million Canadian dollars, up from just CA$60 million at the start of the year. Since then, the company has been busy wheeling and dealing, even setting up a joint venture with SunStream Bancorp to pursue investments in the cannabis sector.</p>\n<p>Admittedly, I'm not a fan of Sundial for its existing business; its revenue has been falling and sales of CA$57 million over the past 12 months are less than the CA$72 million <b>OrganiGram</b> has generated over a similar time frame. And yet, Sundial has twice the market cap. But cash can create opportunities for the business. As Sundial acquires or invests in other cannabis companies, it can become a much stronger and more stable investment over the long run.</p>\n<h3>2. GameStop</h3>\n<p>The poster child for meme stocks is, without a doubt, GameStop. The video game retailer looked like its future was doomed in an era where people are making more of their purchases online. But there's hope for the company, with its new Chairman Ryan Cohen leading a transition toward e-commerce and away from brick-and-mortar stores. GameStop is also getting in on the non-fungible token (NFT) hype, recently launching a new site dedicated to NFTs and announcing that it is looking to hire a variety of positions for the new area of its business.</p>\n<p>Like Sundial, GameStop took advantage of its growing popularity -- its shares have soared more than 1,300% year to date (the pot stock has risen 140% while the <b>S&P 500</b> is up just 12%) -- and it recently issued 3.5 million new shares to raise $551 million. All that additional cash can help fuel its transformation and allow the company to pursue other growth opportunities as they come up.</p>\n<p>The <a href=\"https://laohu8.com/S/AONE\">one</a> big risk with GameStop, however, is in determining what price to pay for the stock. While it may be appealing to buy if it falls below $150 (which is around its recent lows), it closed last week at $100 higher than that price. Even if you decide that GameStop is worth the risk, it's important to have a price in mind as this fast-moving stock has proven to be unpredictable this year.</p>\n<h3>3. AMC</h3>\n<p>Shares of AMC have skyrocketed even higher this year and are up more than 2,300%. However, the company is also the riskiest <a href=\"https://laohu8.com/S/AONE.U\">one</a> on this list. It faces significant challenges ahead with long-term debt totaling more than $5.4 billion. And with cash and cash equivalents of just $813 million as of March 31, it would have looked like an unlikely scenario for AMC to dig itself out of this hole. But its strong share price could help alleviate some of those concerns.</p>\n<p>On June 3, the company announced that it brought in $587 million from a new offering. That brings the total additional equity it has raised during the quarter to $1.2 billion. AMC is now exploring possible acquisitions within its industry, which could lure in more growth-oriented investors. Meanwhile, it is also seeking shareholder support to issue 25 million more shares.</p>\n<p>Now that the economy is opening back up and people are back to visiting movie theaters, the near future looks brighter for the company, especially with all that extra equity and the possible growth opportunities ahead. While there is still significant risk here -- AMC has burned through $1.3 billion in cash from its day-to-day operating activities over the past 12 months -- there is also potential for the company to rise in value. However, a lot of AMC's long-term success will ultimately depend on what opportunities it ends up pursuing, its debt load, and if demand returns to pre-pandemic levels. These are still some very big question marks today.</p>\n<p>But even if you're a risk taker, like with GameStop, you'll want to be careful with what price you pay for this incredibly volatile stock. AMC is just coming off a new 52-week high.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why These 3 Meme Stocks Can Be Good Long-Term Investments</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 These 3 Meme Stocks Can Be Good Long-Term Investments\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-08 22:30 GMT+8 <a href=https://www.fool.com/investing/2021/06/08/why-these-3-meme-stocks-can-be-good-long-term-inve/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There's no question about it. Meme stocks are risky. Any stock that is volatile enough that it can jump by more than 20% in a given day can send your portfolio on a wild roller coaster ride. However, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/08/why-these-3-meme-stocks-can-be-good-long-term-inve/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNDL":"SNDL Inc.","AMC":"AMC院线","GME":"游戏驿站"},"source_url":"https://www.fool.com/investing/2021/06/08/why-these-3-meme-stocks-can-be-good-long-term-inve/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2141266499","content_text":"There's no question about it. Meme stocks are risky. Any stock that is volatile enough that it can jump by more than 20% in a given day can send your portfolio on a wild roller coaster ride. However, that doesn't mean you should always avoid these types of stocks.\nOver the long term, stocks such as Sundial Growers (NASDAQ:SNDL), GameStop (NYSE:GME), and AMC Entertainment (NYSE:AMC) could turn out to be great investments. Although there is considerable risk with investing in these stocks, the potential returns may be significant.\n\nImage source: Getty Images.\n1. Sundial Growers\nEarlier this year, Sundial Growers' stock hit a high of $3.96. And while it's nowhere near that price today, the bullish activity that retail investors and speculators helped generate around Sundial allowed the company to raise millions through multiple share offerings. On May 7, Sundial reported an unrestricted cash balance of 753 million Canadian dollars, up from just CA$60 million at the start of the year. Since then, the company has been busy wheeling and dealing, even setting up a joint venture with SunStream Bancorp to pursue investments in the cannabis sector.\nAdmittedly, I'm not a fan of Sundial for its existing business; its revenue has been falling and sales of CA$57 million over the past 12 months are less than the CA$72 million OrganiGram has generated over a similar time frame. And yet, Sundial has twice the market cap. But cash can create opportunities for the business. As Sundial acquires or invests in other cannabis companies, it can become a much stronger and more stable investment over the long run.\n2. GameStop\nThe poster child for meme stocks is, without a doubt, GameStop. The video game retailer looked like its future was doomed in an era where people are making more of their purchases online. But there's hope for the company, with its new Chairman Ryan Cohen leading a transition toward e-commerce and away from brick-and-mortar stores. GameStop is also getting in on the non-fungible token (NFT) hype, recently launching a new site dedicated to NFTs and announcing that it is looking to hire a variety of positions for the new area of its business.\nLike Sundial, GameStop took advantage of its growing popularity -- its shares have soared more than 1,300% year to date (the pot stock has risen 140% while the S&P 500 is up just 12%) -- and it recently issued 3.5 million new shares to raise $551 million. All that additional cash can help fuel its transformation and allow the company to pursue other growth opportunities as they come up.\nThe one big risk with GameStop, however, is in determining what price to pay for the stock. While it may be appealing to buy if it falls below $150 (which is around its recent lows), it closed last week at $100 higher than that price. Even if you decide that GameStop is worth the risk, it's important to have a price in mind as this fast-moving stock has proven to be unpredictable this year.\n3. AMC\nShares of AMC have skyrocketed even higher this year and are up more than 2,300%. However, the company is also the riskiest one on this list. It faces significant challenges ahead with long-term debt totaling more than $5.4 billion. And with cash and cash equivalents of just $813 million as of March 31, it would have looked like an unlikely scenario for AMC to dig itself out of this hole. But its strong share price could help alleviate some of those concerns.\nOn June 3, the company announced that it brought in $587 million from a new offering. That brings the total additional equity it has raised during the quarter to $1.2 billion. AMC is now exploring possible acquisitions within its industry, which could lure in more growth-oriented investors. Meanwhile, it is also seeking shareholder support to issue 25 million more shares.\nNow that the economy is opening back up and people are back to visiting movie theaters, the near future looks brighter for the company, especially with all that extra equity and the possible growth opportunities ahead. While there is still significant risk here -- AMC has burned through $1.3 billion in cash from its day-to-day operating activities over the past 12 months -- there is also potential for the company to rise in value. However, a lot of AMC's long-term success will ultimately depend on what opportunities it ends up pursuing, its debt load, and if demand returns to pre-pandemic levels. These are still some very big question marks today.\nBut even if you're a risk taker, like with GameStop, you'll want to be careful with what price you pay for this incredibly volatile stock. AMC is just coming off a new 52-week high.","news_type":1},"isVote":1,"tweetType":1,"viewCount":492,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":115455717,"gmtCreate":1623028389139,"gmtModify":1704194526914,"author":{"id":"3581684923109887","authorId":"3581684923109887","name":"Tw0d3MooN","avatar":"https://static.tigerbbs.com/1792a6da317090d0d10ea17a99f1dfa1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581684923109887","authorIdStr":"3581684923109887"},"themes":[],"htmlText":"Hoping for a further dip so that I can increase my position. ","listText":"Hoping for a further dip so that I can increase my position. ","text":"Hoping for a further dip so that I can increase my position.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/115455717","repostId":"2141628501","repostType":4,"isVote":1,"tweetType":1,"viewCount":505,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":115161881,"gmtCreate":1622959679943,"gmtModify":1704193832313,"author":{"id":"3581684923109887","authorId":"3581684923109887","name":"Tw0d3MooN","avatar":"https://static.tigerbbs.com/1792a6da317090d0d10ea17a99f1dfa1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581684923109887","authorIdStr":"3581684923109887"},"themes":[],"htmlText":"Take extra care when trading memes ","listText":"Take extra care when trading memes ","text":"Take extra care when trading memes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/115161881","repostId":"1173473450","repostType":4,"repost":{"id":"1173473450","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":1622942100,"share":"https://ttm.financial/m/news/1173473450?lang=&edition=fundamental","pubTime":"2021-06-06 09:15","market":"us","language":"en","title":"How The AMC Squeeze Compares To The GameStop Run: Are Buyers Just Playing A Game?","url":"https://stock-news.laohu8.com/highlight/detail?id=1173473450","media":"Benzinga","summary":"AMC Entertainment Holdings Inc held on to its weekly gains in early afternoon trading on Friday afte","content":"<p><b>AMC Entertainment Holdings Inc</b> held on to its weekly gains in early afternoon trading on Friday after a sharp pullback in Thursday’s session.</p>\n<p>Heading into next week, AMC traders will be asking themselves if this week’s run-up is a repeat of January trading action in <b>GameStop Corp.</b>, or if the rally in AMC had legs.</p>\n<p><b>Deja Vu?</b>GameStop shares hit their all-time high of $483 on Jan. 28. In the month leading up to that peak, the stock rallied about 1,560%.</p>\n<p>This week, AMC hit its all-time high of $72.62. In the month leading up to that peak, AMC shares gained just 523%. However, AMC’s year-to-date gains are now 2,330%, while GameStop’s 2020 gains are just 1,260%.</p>\n<p>In the month following GameStop’s run to $483 back in January, the stock tumbled 78.3%. If AMC suffers a similar fate, the stock could be back down around $15.75 within a matter of weeks.</p>\n<p><b>Voices From The Street:</b> Michael Batnick, Director of Research at Ritholtz Wealth Management,wrote in a blog post on Thursday about how the current AMC mania appears to be very similar to the mania that sent the stock soaring more than 800% in the first 17 days of 2021.</p>\n<p>“Buyers are just playing a game with tickers on a screen. The madness can continue as long as people think they can get out before the collapse,” Batnick wrote.</p>\n<p>David Trainer, CEO of New Constructs, didn’t pull any punches in discussing the true value of AMC shares this week.</p>\n<p>“The surge in shares of AMC Entertainment is yet another sign of the reckless meme stock-driven investing landscape that we find ourselves in today,” Trainer said. “We think AMC Entertainment's stock is worth $0 per share, given its weak earnings, dilution from recent stock offerings and mountain of debt.”</p>\n<p>Themis Trading's Joe Saluzzi told Benzinga the trading action in both AMC and GameStop in 2021 is a sign regulators need to step in.</p>\n<p>“During the ‘Gamestopped’ Congressional hearings, SEC Chairman Gensler indicated that the Commission would be publishing a report this summer on the volatile trading events that occurred in late January. Market participants are anxious to see this report, but it looks like the SEC may already need to update it to include the events of this week,” Saluzzi said.</p>\n<p><b>Benzinga’s Take:</b>The social media narrative surrounding GameStop and AMC is that retail traders on Reddit and Robinhood are sticking it to big hedge funds by squeezing them out of their short positions. In reality, retail trading accounted for an estimated 11% of trading volume in AMC this week, whereas the majority of AMC’s trading volume came from dark pools, and large institutional block and sweep trades in both the stock and option markets.</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>How The AMC Squeeze Compares To The GameStop Run: Are Buyers Just Playing A Game?</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\">\nHow The AMC Squeeze Compares To The GameStop Run: Are Buyers Just Playing A Game?\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\">2021-06-06 09:15</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>AMC Entertainment Holdings Inc</b> held on to its weekly gains in early afternoon trading on Friday after a sharp pullback in Thursday’s session.</p>\n<p>Heading into next week, AMC traders will be asking themselves if this week’s run-up is a repeat of January trading action in <b>GameStop Corp.</b>, or if the rally in AMC had legs.</p>\n<p><b>Deja Vu?</b>GameStop shares hit their all-time high of $483 on Jan. 28. In the month leading up to that peak, the stock rallied about 1,560%.</p>\n<p>This week, AMC hit its all-time high of $72.62. In the month leading up to that peak, AMC shares gained just 523%. However, AMC’s year-to-date gains are now 2,330%, while GameStop’s 2020 gains are just 1,260%.</p>\n<p>In the month following GameStop’s run to $483 back in January, the stock tumbled 78.3%. If AMC suffers a similar fate, the stock could be back down around $15.75 within a matter of weeks.</p>\n<p><b>Voices From The Street:</b> Michael Batnick, Director of Research at Ritholtz Wealth Management,wrote in a blog post on Thursday about how the current AMC mania appears to be very similar to the mania that sent the stock soaring more than 800% in the first 17 days of 2021.</p>\n<p>“Buyers are just playing a game with tickers on a screen. The madness can continue as long as people think they can get out before the collapse,” Batnick wrote.</p>\n<p>David Trainer, CEO of New Constructs, didn’t pull any punches in discussing the true value of AMC shares this week.</p>\n<p>“The surge in shares of AMC Entertainment is yet another sign of the reckless meme stock-driven investing landscape that we find ourselves in today,” Trainer said. “We think AMC Entertainment's stock is worth $0 per share, given its weak earnings, dilution from recent stock offerings and mountain of debt.”</p>\n<p>Themis Trading's Joe Saluzzi told Benzinga the trading action in both AMC and GameStop in 2021 is a sign regulators need to step in.</p>\n<p>“During the ‘Gamestopped’ Congressional hearings, SEC Chairman Gensler indicated that the Commission would be publishing a report this summer on the volatile trading events that occurred in late January. Market participants are anxious to see this report, but it looks like the SEC may already need to update it to include the events of this week,” Saluzzi said.</p>\n<p><b>Benzinga’s Take:</b>The social media narrative surrounding GameStop and AMC is that retail traders on Reddit and Robinhood are sticking it to big hedge funds by squeezing them out of their short positions. In reality, retail trading accounted for an estimated 11% of trading volume in AMC this week, whereas the majority of AMC’s trading volume came from dark pools, and large institutional block and sweep trades in both the stock and option markets.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线","GME":"游戏驿站"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173473450","content_text":"AMC Entertainment Holdings Inc held on to its weekly gains in early afternoon trading on Friday after a sharp pullback in Thursday’s session.\nHeading into next week, AMC traders will be asking themselves if this week’s run-up is a repeat of January trading action in GameStop Corp., or if the rally in AMC had legs.\nDeja Vu?GameStop shares hit their all-time high of $483 on Jan. 28. In the month leading up to that peak, the stock rallied about 1,560%.\nThis week, AMC hit its all-time high of $72.62. In the month leading up to that peak, AMC shares gained just 523%. However, AMC’s year-to-date gains are now 2,330%, while GameStop’s 2020 gains are just 1,260%.\nIn the month following GameStop’s run to $483 back in January, the stock tumbled 78.3%. If AMC suffers a similar fate, the stock could be back down around $15.75 within a matter of weeks.\nVoices From The Street: Michael Batnick, Director of Research at Ritholtz Wealth Management,wrote in a blog post on Thursday about how the current AMC mania appears to be very similar to the mania that sent the stock soaring more than 800% in the first 17 days of 2021.\n“Buyers are just playing a game with tickers on a screen. The madness can continue as long as people think they can get out before the collapse,” Batnick wrote.\nDavid Trainer, CEO of New Constructs, didn’t pull any punches in discussing the true value of AMC shares this week.\n“The surge in shares of AMC Entertainment is yet another sign of the reckless meme stock-driven investing landscape that we find ourselves in today,” Trainer said. “We think AMC Entertainment's stock is worth $0 per share, given its weak earnings, dilution from recent stock offerings and mountain of debt.”\nThemis Trading's Joe Saluzzi told Benzinga the trading action in both AMC and GameStop in 2021 is a sign regulators need to step in.\n“During the ‘Gamestopped’ Congressional hearings, SEC Chairman Gensler indicated that the Commission would be publishing a report this summer on the volatile trading events that occurred in late January. Market participants are anxious to see this report, but it looks like the SEC may already need to update it to include the events of this week,” Saluzzi said.\nBenzinga’s Take:The social media narrative surrounding GameStop and AMC is that retail traders on Reddit and Robinhood are sticking it to big hedge funds by squeezing them out of their short positions. In reality, retail trading accounted for an estimated 11% of trading volume in AMC this week, whereas the majority of AMC’s trading volume came from dark pools, and large institutional block and sweep trades in both the stock and option markets.","news_type":1},"isVote":1,"tweetType":1,"viewCount":802,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":116060206,"gmtCreate":1622766309105,"gmtModify":1704190676079,"author":{"id":"3581684923109887","authorId":"3581684923109887","name":"Tw0d3MooN","avatar":"https://static.tigerbbs.com/1792a6da317090d0d10ea17a99f1dfa1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581684923109887","authorIdStr":"3581684923109887"},"themes":[],"htmlText":"Please be careful with the memes. ","listText":"Please be careful with the memes. ","text":"Please be careful with the memes.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/116060206","repostId":"1103361405","repostType":4,"isVote":1,"tweetType":1,"viewCount":627,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":102488782,"gmtCreate":1620230850846,"gmtModify":1704340576168,"author":{"id":"3581684923109887","authorId":"3581684923109887","name":"Tw0d3MooN","avatar":"https://static.tigerbbs.com/1792a6da317090d0d10ea17a99f1dfa1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581684923109887","authorIdStr":"3581684923109887"},"themes":[],"htmlText":"But prices will still go up in the long term. Diamond Hands Bois. ","listText":"But prices will still go up in the long term. Diamond Hands Bois. ","text":"But prices will still go up in the long term. Diamond Hands Bois.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/102488782","repostId":"1148686352","repostType":4,"repost":{"id":"1148686352","pubTimestamp":1620224535,"share":"https://ttm.financial/m/news/1148686352?lang=&edition=fundamental","pubTime":"2021-05-05 22:22","market":"us","language":"en","title":"This Day In Market History: Panic Of 1893 Crashes Stock Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1148686352","media":"benzinga","summary":"What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the ","content":"<p><b>What Happened?</b>On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time.</p>\n<p><b>Where The Market Was:</b>The Dow finished the day at 30.02.</p>\n<p><b>What Else Was Going On In The World?</b>In 1893, Thomas Edison completed the world’s first movie studio in West Orange, New Jersey. Lizzie Borden was acquitted of the ax murders of her father and stepmother. A fresh, one-pound beef steak cost 10 cents.</p>\n<p><b>Panic Of 1893:</b>On May 5, 1893, the Dow Jones Index dropped more than 24% from 39.90 to 30.02. It would mark the worst intraday sell-off in U.S. history at the time, a record that would stand until 1929.</p>\n<p>The Panic of 1893 was triggered in part by falling gold reserves in the U.S. Treasury. At the time, the U.S. was on the gold standard, meaning U.S. dollars could be redeemed for physical gold. When Treasury gold reserves dropped from $190 million in 1890 to $100 million by 1893, Americans grew concerned that the Treasury might run out of gold and began withdrawing bank notes and converting them to gold, placing extreme strain on the U.S. banking industry and credit markets.</p>\n<p>The May 5 sell-off was triggered in part by the bankruptcy of Nation Cordage the day before.<b>General Electric Company</b>GE 0.34%shares dropped 28% on the day from $80 to $58.</p>\n<p>Fortunately for investors, the Panic of 1893 didn’t last for long. By the end of the day, the market nearly completely recovered its losses. GE, for example, closed the session at $78.50.</p>\n<p>The Panic of 1893 would ravage the U.S. economy, triggering a severe four-year depression. Roughly 14,000 U.S. businesses closed, and unemployment rose to 20%. The event would mark the worst economic downturn in U.S. history until the Great Depression began in 1929.</p>","source":"lsy1606299360108","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>This Day In Market History: Panic Of 1893 Crashes Stock Market</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\">\nThis Day In Market History: Panic Of 1893 Crashes Stock Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 22:22 GMT+8 <a href=https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time.\nWhere The Market Was:The Dow finished the day at 30.02.\nWhat Else Was Going On In The World?In...</p>\n\n<a href=\"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148686352","content_text":"What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time.\nWhere The Market Was:The Dow finished the day at 30.02.\nWhat Else Was Going On In The World?In 1893, Thomas Edison completed the world’s first movie studio in West Orange, New Jersey. Lizzie Borden was acquitted of the ax murders of her father and stepmother. A fresh, one-pound beef steak cost 10 cents.\nPanic Of 1893:On May 5, 1893, the Dow Jones Index dropped more than 24% from 39.90 to 30.02. It would mark the worst intraday sell-off in U.S. history at the time, a record that would stand until 1929.\nThe Panic of 1893 was triggered in part by falling gold reserves in the U.S. Treasury. At the time, the U.S. was on the gold standard, meaning U.S. dollars could be redeemed for physical gold. When Treasury gold reserves dropped from $190 million in 1890 to $100 million by 1893, Americans grew concerned that the Treasury might run out of gold and began withdrawing bank notes and converting them to gold, placing extreme strain on the U.S. banking industry and credit markets.\nThe May 5 sell-off was triggered in part by the bankruptcy of Nation Cordage the day before.General Electric CompanyGE 0.34%shares dropped 28% on the day from $80 to $58.\nFortunately for investors, the Panic of 1893 didn’t last for long. By the end of the day, the market nearly completely recovered its losses. GE, for example, closed the session at $78.50.\nThe Panic of 1893 would ravage the U.S. economy, triggering a severe four-year depression. Roughly 14,000 U.S. businesses closed, and unemployment rose to 20%. The event would mark the worst economic downturn in U.S. history until the Great Depression began in 1929.","news_type":1},"isVote":1,"tweetType":1,"viewCount":361,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":100192628,"gmtCreate":1619586925164,"gmtModify":1704726400633,"author":{"id":"3581684923109887","authorId":"3581684923109887","name":"Tw0d3MooN","avatar":"https://static.tigerbbs.com/1792a6da317090d0d10ea17a99f1dfa1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581684923109887","authorIdStr":"3581684923109887"},"themes":[],"htmlText":"Hope the recovery come soon. ","listText":"Hope the recovery come soon. ","text":"Hope the recovery come soon.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/100192628","repostId":"1117449603","repostType":4,"repost":{"id":"1117449603","pubTimestamp":1619581208,"share":"https://ttm.financial/m/news/1117449603?lang=&edition=fundamental","pubTime":"2021-04-28 11:40","market":"sg","language":"en","title":"Early Tickets for Hong Kong-Singapore Travel Bubble Sold Out","url":"https://stock-news.laohu8.com/highlight/detail?id=1117449603","media":"Bloomberg","summary":"Quarantine-free travel agreement due to begin on May 26\nFlights will be operated by Cathay Pacific a","content":"<ul>\n <li>Quarantine-free travel agreement due to begin on May 26</li>\n <li>Flights will be operated by Cathay Pacific and Singapore Air</li>\n</ul>\n<p>Flights for the initial phase of the Hong Kong-Singapore travel bubble have sold out in both directions, according to the websites of Cathay Pacific Airways Ltd.and Singapore Airlines Ltd.</p>\n<p>The bubble is due to open on May 26, and demand was always going to outstrip supply given there will only be one return flight per day between the two financial hubs, and with capacity limited at 200 travelers.</p>\n<p>There were no departure flights available Wednesday morning on Cathay’s website until June 5. Searches for designated bubble flights with Singapore Airlines yielded nothing until the agreement broadens to the carrier offering daily flights from June 9.</p>\n<p>An economy-class Singapore Airlines ticket for a flight leaving on June 16 and returning from Hong Kong on June 18, for example, is available for $466. Cathay has a basic economy bubble flight from Hong Kong on June 16 and returning on June 18 priced at $380. The Cathay flight leaving Hong Kong on June 5 and returning June 8 costs $902.</p>\n<p>Hong Kong and Singapore announced details of the plan on Monday. Initially due to open last November, the travel bubble was shelved due to a jump in Covid-19 cases in Hong Kong. After a couple of more false starts and months of negotiations, the plan is back on track and will allow people to travel between the cities without having to quarantine. Flights could be suspended if infections rise above five in either city for an extended period.</p>\n<p>The first Cathay flight is slated to leave Hong Kong at 9:10 a.m. on May 26. Singapore Airlines’ departure that day is 8:40 a.m.</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>Early Tickets for Hong Kong-Singapore Travel Bubble Sold Out</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\">\nEarly Tickets for Hong Kong-Singapore Travel Bubble Sold Out\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-28 11:40 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-04-28/early-tickets-for-hong-kong-singapore-travel-bubble-sold-out?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Quarantine-free travel agreement due to begin on May 26\nFlights will be operated by Cathay Pacific and Singapore Air\n\nFlights for the initial phase of the Hong Kong-Singapore travel bubble have sold ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-04-28/early-tickets-for-hong-kong-singapore-travel-bubble-sold-out?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00293":"国泰航空","C6L.SI":"新加坡航空公司"},"source_url":"https://www.bloomberg.com/news/articles/2021-04-28/early-tickets-for-hong-kong-singapore-travel-bubble-sold-out?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117449603","content_text":"Quarantine-free travel agreement due to begin on May 26\nFlights will be operated by Cathay Pacific and Singapore Air\n\nFlights for the initial phase of the Hong Kong-Singapore travel bubble have sold out in both directions, according to the websites of Cathay Pacific Airways Ltd.and Singapore Airlines Ltd.\nThe bubble is due to open on May 26, and demand was always going to outstrip supply given there will only be one return flight per day between the two financial hubs, and with capacity limited at 200 travelers.\nThere were no departure flights available Wednesday morning on Cathay’s website until June 5. Searches for designated bubble flights with Singapore Airlines yielded nothing until the agreement broadens to the carrier offering daily flights from June 9.\nAn economy-class Singapore Airlines ticket for a flight leaving on June 16 and returning from Hong Kong on June 18, for example, is available for $466. Cathay has a basic economy bubble flight from Hong Kong on June 16 and returning on June 18 priced at $380. The Cathay flight leaving Hong Kong on June 5 and returning June 8 costs $902.\nHong Kong and Singapore announced details of the plan on Monday. Initially due to open last November, the travel bubble was shelved due to a jump in Covid-19 cases in Hong Kong. After a couple of more false starts and months of negotiations, the plan is back on track and will allow people to travel between the cities without having to quarantine. Flights could be suspended if infections rise above five in either city for an extended period.\nThe first Cathay flight is slated to leave Hong Kong at 9:10 a.m. on May 26. Singapore Airlines’ departure that day is 8:40 a.m.","news_type":1},"isVote":1,"tweetType":1,"viewCount":371,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375092773,"gmtCreate":1619253443092,"gmtModify":1704721879796,"author":{"id":"3581684923109887","authorId":"3581684923109887","name":"Tw0d3MooN","avatar":"https://static.tigerbbs.com/1792a6da317090d0d10ea17a99f1dfa1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581684923109887","authorIdStr":"3581684923109887"},"themes":[],"htmlText":"I surely hope it does. ","listText":"I surely hope it does. ","text":"I surely hope it does.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/375092773","repostId":"1166519043","repostType":4,"repost":{"id":"1166519043","pubTimestamp":1619192700,"share":"https://ttm.financial/m/news/1166519043?lang=&edition=fundamental","pubTime":"2021-04-23 23:45","market":"us","language":"en","title":"Tesla Stock Split: Will It Happen Again?","url":"https://stock-news.laohu8.com/highlight/detail?id=1166519043","media":"seekingalpha","summary":"Tesla not only has to contend with pure-play EV-makers. It will also face new entrants such as Apple and Chinese smartphone makers Huawei and Xiaomi.More traditional automakers will also be producing electric vehicles. Even if the demand side is plausible, it would mean Tesla needs to build many more factories.However, if analysts are right that Tesla's true potential lies in a future rollout of an autonomous ride-hailing fleet, its share price has much room to head north based on the consensus ","content":"<p><b>Summary</b></p>\n<ul>\n <li>Tesla not only has to contend with pure-play EV-makers. It will also face new entrants such as Apple and Chinese smartphone makers Huawei and Xiaomi.</li>\n <li>More traditional automakers will also be producing electric vehicles. Even if the demand side is plausible, it would mean Tesla needs to build many more factories.</li>\n <li>It's a high chance that a great number of new plants would be in China which carries plenty of geopolitical risks. The headwinds from the uncertainties could suppress TSLA stock.</li>\n <li>However, if analysts are right that Tesla's true potential lies in a future rollout of an autonomous ride-hailing fleet, its share price has much room to head north based on the consensus projections.</li>\n <li>Tesla could consider another stock split to get \"more people in the stock.\" Past experiences suggest the EV titan could do one before the share price hit quadruple-digit again.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/59edf6c2b70d6c984dc825b7567439bc\" tg-width=\"768\" tg-height=\"512\"><span>Photo by Spencer Platt/Getty Images News via Getty Images</span></p>\n<p><b>TSLA stock is poised to rise in line with its business growth</b></p>\n<p>In a recent article titled <i>Who Will Be The Biggest Competitors By 2025</i>, I questioned certain projections regarding Tesla's (TSLA) car sales. Some estimates implied that Tesla would take a lion's share of the EV market despite the rapid increase in the number of competitors.</p>\n<p>By 2025, Tesla not only has to contend with pure-play EV-makers. It will also face new entrants such as Apple Inc. (AAPL) as well as Chinese smartphone giants Huawei and Xiaomi Corporation (OTC:XIACF)(OTCPK:XIACY). More traditional automakers will also be producing electric vehicles, even as they continue to churn out internal combustion engine-based cars.</p>\n<p>Even if the demand side is plausible, it would mean Tesla, Inc. needs to build many more factories. Given the effusive praise we have heard from Elon Musk regarding the speed of factory construction and on China in general, we could expect additional new plants to be cited in the populous country. That could add more geopolitical risks to the stock, as SA author John Engle argued.</p>\n<p>Then again, as many readers on Seeking Alpha, analysts, and Cathie Wood have postulated, Tesla's true potential lies in a future rollout of an autonomous ride-hailing fleet. Consequently, Tesla's revenue is projected to rise from $31.54 billion in 2020 to a whopping $388.52 billion on a consensus basis in 2030. That would bring the price-to-sales ratio to a mere 1.84 times on a forward basis.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fac352f9c2ac9bac0412ed076c27c75a\" tg-width=\"640\" tg-height=\"368\"><span>Source: Seeking Alpha Premium</span></p>\n<p>If Tesla did not disappoint the most bullish of the optimists forecasting its revenue to hit $600.7 billion in 2030, its P/S ratio would drop even lower to 1.19 times! You might say, all that sales are wonderful but what does their profitability look like? Well, the analysts believe TSLA would make boatloads of money. The consensus EPS estimate for 2030 is $33.48, a massive jump from the $0.64 it achieved in 2020. If the 2030 EPS estimate is realized, those earnings at today's price would reflect a ratio of 22.2 times, which could be seen as incredibly low.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7650450aa6230d6585a502b571ee3652\" tg-width=\"640\" tg-height=\"278\"><span>Source: Seeking Alpha Premium</span></p>\n<p>With EV sales projected by industry consultancy Canalys to remain below 50 percent of the total car sales by 2030, there remains significant growth potential for Tesla to increase its revenue. As such, assuming the analysts are correct, the share price of TSLA will not stay at the present level for the P/S ratio to be just 1.84 times and the P/E ratio at 22.2 times, the share price of TSLA would rise further than where it stands today.</p>\n<p><img src=\"https://static.tigerbbs.com/0cd810d4171606b50d186b8d9bf10bf5\" tg-width=\"640\" tg-height=\"479\"></p>\n<p>Tesla stock split history: What was Tesla's stock price before the recent split?</p>\n<p>In other words, Tesla's share price would continue to rise over the next five to ten years. With that in mind, the question is, will TSLA split again? Before discussing that, let's review Tesla's previous split.</p>\n<p>On August 11, 2020, Tesla announced, after the market closed, that its board approved a five-for-one split of shares to \"make stock ownership more accessible to employees and investors.\" This marked Tesla's first-ever split announcement. The stock jumped from a pre-split price of $1374.4 to as high as $1585 the next day before closing at $1554.75. TSLA went on to clock further gains the rest of the month, appreciating over 80 percent by the end of August 2020.</p>\n<p><img src=\"https://static.tigerbbs.com/c1b22a860341fe3bf36996d737680ddb\" tg-width=\"640\" tg-height=\"485\"></p>\n<p><b>How did Tesla's most recent stock split affect share prices?</b></p>\n<p>Interestingly, after the split was affected, Tesla stock lost much of the August gains in just a few trading sessions in early September. The share price decline was speculated by some to be due to shareholders paring their holdings since the split had resulted in them holding more TSLA shares. This seems logical as the purpose of the split was to accord shareholders with greater \"liquidity\" over their TSLA holding.</p>\n<p>However, the weakness in Tesla's share price was more likely attributable to a capital-raising exercise announced pre-market on September 1, 2020. Although only up to $5 billion worth of shares representing just over 1 percent of Tesla's market cap were to be sold, investors were probably looking for a trigger to take profit considering that TSLA was running in overbought territory for more than two weeks, according to the relative strength index [RSI] momentum indicator at that time.</p>\n<p>TSLA's strong run upwards had also led to the stock becoming \"overweight\" on many shareholders' portfolios. Ironically, that meant investors, whether individuals or fund managers had to reduce their Tesla holdings to avoid concentration risk. For funds with concentration guidelines or rules, it's not even a choice but a mandatory reduction exercise once the Tesla position became outsized.</p>\n<p>To make matters worse, Tesla stock was subsequently dragged down further into correction territory amid a sell-off by investors of tech favorites and \"all things frothy.\" The share price recovered some grounds quickly but the stock stagnated for a few months thereafter before a powerful wave of EV hypeswept TSLA up again to new heights.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/085a34d7256fb764f0652d6223057202\" tg-width=\"640\" tg-height=\"267\"><span>Source: Yahoo Finance</span></p>\n<p><b>When will Tesla stock split again?</b></p>\n<p>Although Tesla's share price has pulled back from the peak earlier in the year, it remains much higher than the post-split level last year. At $744.12 at the time of writing, TSLA is 49 percent higher than the $498.32 close on August 31, 2020, the day of the stock split.</p>\n<p>If the past is any reference, Tesla executives did the stock split when the share price was in quadruple-digit. TSLA will need to rise more than 34 percent for that to happen again. As I opined earlier, Tesla stock appears to be poised for further upside. I believe it's more of a question of when, not if, will TSLA hit above $1,000 per share.</p>\n<p>Nevertheless, even in the current investing environment where there are platforms allowing the trading of fractional shares, there are still benefits for stocks with smaller prices. One obvious advantage is the impact on psychology, as the mind interprets low prices as \"cheaply valued\" and having room to head north.</p>\n<p>The leadership at Apple must be thinking the same as the folks at Tesla when the company executed its stock split around the same time as the EV giant last August. The share price appreciation from pre-announcement to post-stock split date was less spectacular compared to Tesla but still a hefty 41 percent.</p>\n<p><img src=\"https://static.tigerbbs.com/46bd0bed00b03ba1d738fd84c9dfb0dc\" tg-width=\"640\" tg-height=\"483\"></p>\n<p>Considering that Apple announced a stock split when the share price was much lower at $384.76, it goes to show there's value in considering a split in the stock even without the share price hitting quadruple-digit. Furthermore, AAPL has done this four times before - in 1987, 2000, 2005, and 2014 - when the share prices were all below $1,000. In 1987 and 2005, the stock was even trading at the sub-$100 level when the company did the split.</p>\n<p>Jim Cramer was quoted as saying during an interview last year that Tim Cook explained the 2020 stock split to him, telling him that he wanted \"more people in the stock.\" I suppose that's what Bill Gates and his team thought when the software giant performed eight stock splits from the listing of Microsoft (MSFT) until 1999 as MSFT climbed exponentially during the period. Elon Musk and Tim Cook are the odd couple but I believe the former would agree on having \"more people\" in TSLA stock.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/44957db620e86907bb72e9691bc726e6\" tg-width=\"640\" tg-height=\"250\"><span>Source: Yahoo Finance</span></p>\n<p><b>Should you buy Tesla now or wait for a split?</b></p>\n<p>Video-streaming leader Netflix (NFLX) announced a seven-for-one stock split in 2015 when its share was around $700 pre-split. NFLX went on to do very well though it's very much due to its business success than a simple cosmetic stock split exercise. The point of bringing this up is that Tesla's share price is around where Netflix's share price was when the split was completed.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f3cbb0c9bd178401bc6cc863a0934af2\" tg-width=\"640\" tg-height=\"271\"><span>Source: Yahoo Finance</span></p>\n<p>Although Amazon.com, Inc. (AMZN) and Alphabet Inc. (GOOGL)(GOOG) are the odd tech companies trading at quadruple-digit levels, most others are trading in the triple-digit or smaller. With the favorable experience from the previous stock split, Tesla might not want to wait for the share price to hit quadruple-digit again before contemplating another split.</p>\n<p>Furthermore, there is existing literature that reveals a strong correlation between stock splits and \"outstanding stock price performance\", giving Tesla the impetus to do so. Another potential trigger point for Elon Musk to announce a stock split could be when TSLA hit $840 per share. He would be able to claim that the company would do a two-for-one split so that the share price becomes $420 post-split.</p>\n<p>Of course, the share price wouldn't stay flat from the announcement date until the effective date. Nonetheless, the media would have gone into overdrive covering the announcement and speculating about the number's link to weed as well as Elon's past brush with the securities law on his previous take-Tesla-private-at-$420 claim. This would generate plenty of free publicity for the company.</p>\n<p>However, investors should not hang around for a stock split if they are intending to own shares in Tesla. It may not happen and the share price could still zoom upwards on speculations, improving sentiment, or due to business fundamentals.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Stock Split: Will It Happen Again?</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 Stock Split: Will It Happen Again?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-23 23:45 GMT+8 <a href=https://seekingalpha.com/article/4420899-tesla-stock-split-will-it-happen-again><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nTesla not only has to contend with pure-play EV-makers. It will also face new entrants such as Apple and Chinese smartphone makers Huawei and Xiaomi.\nMore traditional automakers will also be ...</p>\n\n<a href=\"https://seekingalpha.com/article/4420899-tesla-stock-split-will-it-happen-again\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4420899-tesla-stock-split-will-it-happen-again","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1166519043","content_text":"Summary\n\nTesla not only has to contend with pure-play EV-makers. It will also face new entrants such as Apple and Chinese smartphone makers Huawei and Xiaomi.\nMore traditional automakers will also be producing electric vehicles. Even if the demand side is plausible, it would mean Tesla needs to build many more factories.\nIt's a high chance that a great number of new plants would be in China which carries plenty of geopolitical risks. The headwinds from the uncertainties could suppress TSLA stock.\nHowever, if analysts are right that Tesla's true potential lies in a future rollout of an autonomous ride-hailing fleet, its share price has much room to head north based on the consensus projections.\nTesla could consider another stock split to get \"more people in the stock.\" Past experiences suggest the EV titan could do one before the share price hit quadruple-digit again.\n\nPhoto by Spencer Platt/Getty Images News via Getty Images\nTSLA stock is poised to rise in line with its business growth\nIn a recent article titled Who Will Be The Biggest Competitors By 2025, I questioned certain projections regarding Tesla's (TSLA) car sales. Some estimates implied that Tesla would take a lion's share of the EV market despite the rapid increase in the number of competitors.\nBy 2025, Tesla not only has to contend with pure-play EV-makers. It will also face new entrants such as Apple Inc. (AAPL) as well as Chinese smartphone giants Huawei and Xiaomi Corporation (OTC:XIACF)(OTCPK:XIACY). More traditional automakers will also be producing electric vehicles, even as they continue to churn out internal combustion engine-based cars.\nEven if the demand side is plausible, it would mean Tesla, Inc. needs to build many more factories. Given the effusive praise we have heard from Elon Musk regarding the speed of factory construction and on China in general, we could expect additional new plants to be cited in the populous country. That could add more geopolitical risks to the stock, as SA author John Engle argued.\nThen again, as many readers on Seeking Alpha, analysts, and Cathie Wood have postulated, Tesla's true potential lies in a future rollout of an autonomous ride-hailing fleet. Consequently, Tesla's revenue is projected to rise from $31.54 billion in 2020 to a whopping $388.52 billion on a consensus basis in 2030. That would bring the price-to-sales ratio to a mere 1.84 times on a forward basis.\nSource: Seeking Alpha Premium\nIf Tesla did not disappoint the most bullish of the optimists forecasting its revenue to hit $600.7 billion in 2030, its P/S ratio would drop even lower to 1.19 times! You might say, all that sales are wonderful but what does their profitability look like? Well, the analysts believe TSLA would make boatloads of money. The consensus EPS estimate for 2030 is $33.48, a massive jump from the $0.64 it achieved in 2020. If the 2030 EPS estimate is realized, those earnings at today's price would reflect a ratio of 22.2 times, which could be seen as incredibly low.\nSource: Seeking Alpha Premium\nWith EV sales projected by industry consultancy Canalys to remain below 50 percent of the total car sales by 2030, there remains significant growth potential for Tesla to increase its revenue. As such, assuming the analysts are correct, the share price of TSLA will not stay at the present level for the P/S ratio to be just 1.84 times and the P/E ratio at 22.2 times, the share price of TSLA would rise further than where it stands today.\n\nTesla stock split history: What was Tesla's stock price before the recent split?\nIn other words, Tesla's share price would continue to rise over the next five to ten years. With that in mind, the question is, will TSLA split again? Before discussing that, let's review Tesla's previous split.\nOn August 11, 2020, Tesla announced, after the market closed, that its board approved a five-for-one split of shares to \"make stock ownership more accessible to employees and investors.\" This marked Tesla's first-ever split announcement. The stock jumped from a pre-split price of $1374.4 to as high as $1585 the next day before closing at $1554.75. TSLA went on to clock further gains the rest of the month, appreciating over 80 percent by the end of August 2020.\n\nHow did Tesla's most recent stock split affect share prices?\nInterestingly, after the split was affected, Tesla stock lost much of the August gains in just a few trading sessions in early September. The share price decline was speculated by some to be due to shareholders paring their holdings since the split had resulted in them holding more TSLA shares. This seems logical as the purpose of the split was to accord shareholders with greater \"liquidity\" over their TSLA holding.\nHowever, the weakness in Tesla's share price was more likely attributable to a capital-raising exercise announced pre-market on September 1, 2020. Although only up to $5 billion worth of shares representing just over 1 percent of Tesla's market cap were to be sold, investors were probably looking for a trigger to take profit considering that TSLA was running in overbought territory for more than two weeks, according to the relative strength index [RSI] momentum indicator at that time.\nTSLA's strong run upwards had also led to the stock becoming \"overweight\" on many shareholders' portfolios. Ironically, that meant investors, whether individuals or fund managers had to reduce their Tesla holdings to avoid concentration risk. For funds with concentration guidelines or rules, it's not even a choice but a mandatory reduction exercise once the Tesla position became outsized.\nTo make matters worse, Tesla stock was subsequently dragged down further into correction territory amid a sell-off by investors of tech favorites and \"all things frothy.\" The share price recovered some grounds quickly but the stock stagnated for a few months thereafter before a powerful wave of EV hypeswept TSLA up again to new heights.\nSource: Yahoo Finance\nWhen will Tesla stock split again?\nAlthough Tesla's share price has pulled back from the peak earlier in the year, it remains much higher than the post-split level last year. At $744.12 at the time of writing, TSLA is 49 percent higher than the $498.32 close on August 31, 2020, the day of the stock split.\nIf the past is any reference, Tesla executives did the stock split when the share price was in quadruple-digit. TSLA will need to rise more than 34 percent for that to happen again. As I opined earlier, Tesla stock appears to be poised for further upside. I believe it's more of a question of when, not if, will TSLA hit above $1,000 per share.\nNevertheless, even in the current investing environment where there are platforms allowing the trading of fractional shares, there are still benefits for stocks with smaller prices. One obvious advantage is the impact on psychology, as the mind interprets low prices as \"cheaply valued\" and having room to head north.\nThe leadership at Apple must be thinking the same as the folks at Tesla when the company executed its stock split around the same time as the EV giant last August. The share price appreciation from pre-announcement to post-stock split date was less spectacular compared to Tesla but still a hefty 41 percent.\n\nConsidering that Apple announced a stock split when the share price was much lower at $384.76, it goes to show there's value in considering a split in the stock even without the share price hitting quadruple-digit. Furthermore, AAPL has done this four times before - in 1987, 2000, 2005, and 2014 - when the share prices were all below $1,000. In 1987 and 2005, the stock was even trading at the sub-$100 level when the company did the split.\nJim Cramer was quoted as saying during an interview last year that Tim Cook explained the 2020 stock split to him, telling him that he wanted \"more people in the stock.\" I suppose that's what Bill Gates and his team thought when the software giant performed eight stock splits from the listing of Microsoft (MSFT) until 1999 as MSFT climbed exponentially during the period. Elon Musk and Tim Cook are the odd couple but I believe the former would agree on having \"more people\" in TSLA stock.\nSource: Yahoo Finance\nShould you buy Tesla now or wait for a split?\nVideo-streaming leader Netflix (NFLX) announced a seven-for-one stock split in 2015 when its share was around $700 pre-split. NFLX went on to do very well though it's very much due to its business success than a simple cosmetic stock split exercise. The point of bringing this up is that Tesla's share price is around where Netflix's share price was when the split was completed.\nSource: Yahoo Finance\nAlthough Amazon.com, Inc. (AMZN) and Alphabet Inc. (GOOGL)(GOOG) are the odd tech companies trading at quadruple-digit levels, most others are trading in the triple-digit or smaller. With the favorable experience from the previous stock split, Tesla might not want to wait for the share price to hit quadruple-digit again before contemplating another split.\nFurthermore, there is existing literature that reveals a strong correlation between stock splits and \"outstanding stock price performance\", giving Tesla the impetus to do so. Another potential trigger point for Elon Musk to announce a stock split could be when TSLA hit $840 per share. He would be able to claim that the company would do a two-for-one split so that the share price becomes $420 post-split.\nOf course, the share price wouldn't stay flat from the announcement date until the effective date. Nonetheless, the media would have gone into overdrive covering the announcement and speculating about the number's link to weed as well as Elon's past brush with the securities law on his previous take-Tesla-private-at-$420 claim. This would generate plenty of free publicity for the company.\nHowever, investors should not hang around for a stock split if they are intending to own shares in Tesla. It may not happen and the share price could still zoom upwards on speculations, improving sentiment, or due to business fundamentals.","news_type":1},"isVote":1,"tweetType":1,"viewCount":306,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":376085960,"gmtCreate":1619070215650,"gmtModify":1704719187098,"author":{"id":"3581684923109887","authorId":"3581684923109887","name":"Tw0d3MooN","avatar":"https://static.tigerbbs.com/1792a6da317090d0d10ea17a99f1dfa1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581684923109887","authorIdStr":"3581684923109887"},"themes":[],"htmlText":"Still waiting for the dips? Good luck to the bystanders. [666] ","listText":"Still waiting for the dips? Good luck to the bystanders. [666] ","text":"Still waiting for the dips? Good luck to the bystanders. [666]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/376085960","repostId":"1179114226","repostType":4,"repost":{"id":"1179114226","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":1619057621,"share":"https://ttm.financial/m/news/1179114226?lang=&edition=fundamental","pubTime":"2021-04-22 10:13","market":"us","language":"en","title":"JPMorgan Analyst Believes Bitcoin Needs To Regain $60,000 Level Fast Otherwise It'll Collapse","url":"https://stock-news.laohu8.com/highlight/detail?id=1179114226","media":"Benzinga","summary":"Bitcoin(CRYPTO: BTC) is in for a major correction if it does not break above $60,000 soon, according","content":"<p><b>Bitcoin</b>(CRYPTO: BTC) is in for a major correction if it does not break above $60,000 soon, according to JPMorgan strategist Nikolaos Panigirtzoglou.</p>\n<p><b>What Happened:</b> JPMorgan strategists led by Panigirtzoglouwrote in a note Tuesday that Bitcoin's momentum will collapse if it does not regain $60,000 soon.</p>\n<p>Panigirtzoglou stated that \"over the past few days Bitcoin futures markets experienced a steep liquidation\" like last February, middle January, or the end of November.</p>\n<p>The remarks follow thisSunday's 9% correction, whichaccording to some experts, was caused by news of a power outage in China wiping out a considerable portion of the network's hashrate.</p>\n<p><b>Why It Matters:</b> In the months cited above, Bitcoin's flow impulse was strong enough to allow the cryptocurrency to recover above key technical levels, which resulted in momentum traders further building up their long positions.</p>\n<p>Because of this, the JPMorgan strategist believes that the uptrend will be weakened if Bitcoin does not regain the key $60,000 soon.</p>\n<p>“Momentum signals will naturally decay from here for several months, given their still elevated level,” he wrote.</p>\n<p>While Panigirtzoglou admitted that it remains to be seen whether this time Bitcoin recovers as it did after the aforementioned corrections, it is less likely since this time momentum decay seems more advanced and thus more difficult to reverse.</p>\n<p><b>Price Action:</b> BTC is currently trading under its 50-day moving average around of $54,204, 5.31% lower over the past twenty-four hours.</p>\n<p>If the coin does not breach this short-term trend line, it could lose another 10% and test the $50,000 level.</p>\n<p>The next support area would be the 100-day moving average at $49,212, 11% lower than Wednesday's price.</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>JPMorgan Analyst Believes Bitcoin Needs To Regain $60,000 Level Fast Otherwise It'll Collapse</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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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\">\nJPMorgan Analyst Believes Bitcoin Needs To Regain $60,000 Level Fast Otherwise It'll Collapse\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\">2021-04-22 10:13</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>Bitcoin</b>(CRYPTO: BTC) is in for a major correction if it does not break above $60,000 soon, according to JPMorgan strategist Nikolaos Panigirtzoglou.</p>\n<p><b>What Happened:</b> JPMorgan strategists led by Panigirtzoglouwrote in a note Tuesday that Bitcoin's momentum will collapse if it does not regain $60,000 soon.</p>\n<p>Panigirtzoglou stated that \"over the past few days Bitcoin futures markets experienced a steep liquidation\" like last February, middle January, or the end of November.</p>\n<p>The remarks follow thisSunday's 9% correction, whichaccording to some experts, was caused by news of a power outage in China wiping out a considerable portion of the network's hashrate.</p>\n<p><b>Why It Matters:</b> In the months cited above, Bitcoin's flow impulse was strong enough to allow the cryptocurrency to recover above key technical levels, which resulted in momentum traders further building up their long positions.</p>\n<p>Because of this, the JPMorgan strategist believes that the uptrend will be weakened if Bitcoin does not regain the key $60,000 soon.</p>\n<p>“Momentum signals will naturally decay from here for several months, given their still elevated level,” he wrote.</p>\n<p>While Panigirtzoglou admitted that it remains to be seen whether this time Bitcoin recovers as it did after the aforementioned corrections, it is less likely since this time momentum decay seems more advanced and thus more difficult to reverse.</p>\n<p><b>Price Action:</b> BTC is currently trading under its 50-day moving average around of $54,204, 5.31% lower over the past twenty-four hours.</p>\n<p>If the coin does not breach this short-term trend line, it could lose another 10% and test the $50,000 level.</p>\n<p>The next support area would be the 100-day moving average at $49,212, 11% lower than Wednesday's price.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179114226","content_text":"Bitcoin(CRYPTO: BTC) is in for a major correction if it does not break above $60,000 soon, according to JPMorgan strategist Nikolaos Panigirtzoglou.\nWhat Happened: JPMorgan strategists led by Panigirtzoglouwrote in a note Tuesday that Bitcoin's momentum will collapse if it does not regain $60,000 soon.\nPanigirtzoglou stated that \"over the past few days Bitcoin futures markets experienced a steep liquidation\" like last February, middle January, or the end of November.\nThe remarks follow thisSunday's 9% correction, whichaccording to some experts, was caused by news of a power outage in China wiping out a considerable portion of the network's hashrate.\nWhy It Matters: In the months cited above, Bitcoin's flow impulse was strong enough to allow the cryptocurrency to recover above key technical levels, which resulted in momentum traders further building up their long positions.\nBecause of this, the JPMorgan strategist believes that the uptrend will be weakened if Bitcoin does not regain the key $60,000 soon.\n“Momentum signals will naturally decay from here for several months, given their still elevated level,” he wrote.\nWhile Panigirtzoglou admitted that it remains to be seen whether this time Bitcoin recovers as it did after the aforementioned corrections, it is less likely since this time momentum decay seems more advanced and thus more difficult to reverse.\nPrice Action: BTC is currently trading under its 50-day moving average around of $54,204, 5.31% lower over the past twenty-four hours.\nIf the coin does not breach this short-term trend line, it could lose another 10% and test the $50,000 level.\nThe next support area would be the 100-day moving average at $49,212, 11% lower than Wednesday's price.","news_type":1},"isVote":1,"tweetType":1,"viewCount":528,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371050798,"gmtCreate":1618894703114,"gmtModify":1704716496832,"author":{"id":"3581684923109887","authorId":"3581684923109887","name":"Tw0d3MooN","avatar":"https://static.tigerbbs.com/1792a6da317090d0d10ea17a99f1dfa1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581684923109887","authorIdStr":"3581684923109887"},"themes":[],"htmlText":"Only For Diamond Hands","listText":"Only For Diamond Hands","text":"Only For Diamond Hands","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/371050798","repostId":"1161189369","repostType":4,"isVote":1,"tweetType":1,"viewCount":123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373813307,"gmtCreate":1618838194909,"gmtModify":1704715615028,"author":{"id":"3581684923109887","authorId":"3581684923109887","name":"Tw0d3MooN","avatar":"https://static.tigerbbs.com/1792a6da317090d0d10ea17a99f1dfa1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581684923109887","authorIdStr":"3581684923109887"},"themes":[],"htmlText":"Time to add more positions. ","listText":"Time to add more positions. ","text":"Time to add more positions.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/373813307","repostId":"2128868471","repostType":4,"isVote":1,"tweetType":1,"viewCount":143,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373810457,"gmtCreate":1618838125679,"gmtModify":1704715613248,"author":{"id":"3581684923109887","authorId":"3581684923109887","name":"Tw0d3MooN","avatar":"https://static.tigerbbs.com/1792a6da317090d0d10ea17a99f1dfa1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581684923109887","authorIdStr":"3581684923109887"},"themes":[],"htmlText":"Time to load it up. ","listText":"Time to load it up. ","text":"Time to load it up.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/373810457","repostId":"2128896977","repostType":4,"isVote":1,"tweetType":1,"viewCount":257,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373331633,"gmtCreate":1618820470122,"gmtModify":1704715326445,"author":{"id":"3581684923109887","authorId":"3581684923109887","name":"Tw0d3MooN","avatar":"https://static.tigerbbs.com/1792a6da317090d0d10ea17a99f1dfa1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581684923109887","authorIdStr":"3581684923109887"},"themes":[],"htmlText":"Diamond Hands","listText":"Diamond Hands","text":"Diamond Hands","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/373331633","repostId":"1131815435","repostType":4,"isVote":1,"tweetType":1,"viewCount":84,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":379112612,"gmtCreate":1618705692236,"gmtModify":1704714116159,"author":{"id":"3581684923109887","authorId":"3581684923109887","name":"Tw0d3MooN","avatar":"https://static.tigerbbs.com/1792a6da317090d0d10ea17a99f1dfa1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581684923109887","authorIdStr":"3581684923109887"},"themes":[],"htmlText":"Coinbase to be as Volatile as Bitcoin? ","listText":"Coinbase to be as Volatile as Bitcoin? ","text":"Coinbase to be as Volatile as Bitcoin?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/379112612","repostId":"1145242426","repostType":4,"repost":{"id":"1145242426","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1618579826,"share":"https://ttm.financial/m/news/1145242426?lang=&edition=fundamental","pubTime":"2021-04-16 21:30","market":"us","language":"en","title":"U.S. stocks gained in Friday open. Blockchain stocks fell","url":"https://stock-news.laohu8.com/highlight/detail?id=1145242426","media":"Tiger Newspress","summary":"(April 16) U.S. stocks shot higher at the open Friday, aiming for fresh records, as economic reports","content":"<p>(April 16) U.S. stocks shot higher at the open Friday, aiming for fresh records, as economic reports and corporate results remained strong. S&P 500 edges higher to another all-time high, on pace for 4th straight positive week.</p><p>The Dow Jones Industrial Average added 157 points, 0.5%, to open near 34,193, while the S&P 500 added 15 points, 0.4%, starting trading near 4,185. Both indexes clinched record closes Thursday. The Nasdaq Composite index, meanwhile, ticked up 0.1%, about 15 points, to trade near 14,053.</p><p>The pace of residential construction quickened in March, according to the most recent housing starts report and Morgan Stanley said profit doubled in the first quarter, topping analyst expectations.</p><p>Bitcoin slides, Blockchain stocks fell. </p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/86da6884447eed1c7e8c7b86db77eb7f\" tg-width=\"313\" tg-height=\"361\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 09:37</span></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>U.S. stocks gained in Friday open. Blockchain stocks fell</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\">\nU.S. stocks gained in Friday open. Blockchain stocks fell\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-16 21:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(April 16) U.S. stocks shot higher at the open Friday, aiming for fresh records, as economic reports and corporate results remained strong. S&P 500 edges higher to another all-time high, on pace for 4th straight positive week.</p><p>The Dow Jones Industrial Average added 157 points, 0.5%, to open near 34,193, while the S&P 500 added 15 points, 0.4%, starting trading near 4,185. Both indexes clinched record closes Thursday. The Nasdaq Composite index, meanwhile, ticked up 0.1%, about 15 points, to trade near 14,053.</p><p>The pace of residential construction quickened in March, according to the most recent housing starts report and Morgan Stanley said profit doubled in the first quarter, topping analyst expectations.</p><p>Bitcoin slides, Blockchain stocks fell. </p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/86da6884447eed1c7e8c7b86db77eb7f\" tg-width=\"313\" tg-height=\"361\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 09:37</span></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145242426","content_text":"(April 16) U.S. stocks shot higher at the open Friday, aiming for fresh records, as economic reports and corporate results remained strong. S&P 500 edges higher to another all-time high, on pace for 4th straight positive week.The Dow Jones Industrial Average added 157 points, 0.5%, to open near 34,193, while the S&P 500 added 15 points, 0.4%, starting trading near 4,185. Both indexes clinched record closes Thursday. The Nasdaq Composite index, meanwhile, ticked up 0.1%, about 15 points, to trade near 14,053.The pace of residential construction quickened in March, according to the most recent housing starts report and Morgan Stanley said profit doubled in the first quarter, topping analyst expectations.Bitcoin slides, Blockchain stocks fell. *Source From Tiger Trade, EST 09:37","news_type":1},"isVote":1,"tweetType":1,"viewCount":180,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":804663637,"gmtCreate":1627954398429,"gmtModify":1703498468158,"author":{"id":"3581684923109887","authorId":"3581684923109887","name":"Tw0d3MooN","avatar":"https://static.tigerbbs.com/1792a6da317090d0d10ea17a99f1dfa1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581684923109887","authorIdStr":"3581684923109887"},"themes":[],"htmlText":"Long overdue. Time for Google to shine. ","listText":"Long overdue. Time for Google to shine. ","text":"Long overdue. Time for Google to shine.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/804663637","repostId":"1126479421","repostType":4,"isVote":1,"tweetType":1,"viewCount":885,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373331633,"gmtCreate":1618820470122,"gmtModify":1704715326445,"author":{"id":"3581684923109887","authorId":"3581684923109887","name":"Tw0d3MooN","avatar":"https://static.tigerbbs.com/1792a6da317090d0d10ea17a99f1dfa1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581684923109887","authorIdStr":"3581684923109887"},"themes":[],"htmlText":"Diamond Hands","listText":"Diamond Hands","text":"Diamond Hands","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/373331633","repostId":"1131815435","repostType":4,"repost":{"id":"1131815435","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1618819950,"share":"https://ttm.financial/m/news/1131815435?lang=&edition=fundamental","pubTime":"2021-04-19 16:12","market":"us","language":"en","title":"Why crypto stocks tumbled in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1131815435","media":"Tiger Newspress","summary":"Crypto stocks tumbled in premarket trading.Big Digital fell 8.9%,The9 fell 7.7%,Riot Blockchain fell 7.6%,Marathon Digital fell 6.7%,Canaan fell 6%,Coinbase fell 3.8% and SOS fell 5%.Bitcoin prices were sinking into correction territory Sunday, marking the sharpest slide for the digital asset since February, coming on the heels of what has been a remarkable stretch for the crypto industry.Bitcoin prices fell at one point Sunday afternoon to $51,907, down around 20% from a recent peak of $64,829.","content":"<p>Crypto stocks tumbled in premarket trading.Big Digital fell 8.9%,The9 fell 7.7%,Riot Blockchain fell 7.6%,Marathon Digital fell 6.7%,Canaan fell 6%,Coinbase fell 3.8% and SOS fell 5%.</p><p><img src=\"https://static.tigerbbs.com/06f56ae48a20f283a1796b44ceaee7fe\" tg-width=\"370\" tg-height=\"541\" referrerpolicy=\"no-referrer\"></p><p>Bitcoin prices were sinking into correction territory Sunday, marking the sharpest slide for the digital asset since February, coming on the heels of what has been a remarkable stretch for the crypto industry.</p><p>Bitcoin prices fell at one point Sunday afternoon to $51,907, down around 20% from a recent peak of $64,829.14, according to Coindesk. The decline from the crypto’s apex meets the widely accepted definition of a correction in an asset. By Sunday evening, a single bitcoin was going for $56,620.</p><p><img src=\"https://static.tigerbbs.com/1fb4b00395feffcf6e0b195304220d57\" tg-width=\"663\" tg-height=\"419\" referrerpolicy=\"no-referrer\"></p><p>An unverified report on Twitter claimed that the U.S. Treasury Department could be looking to crack down on financial institutions for money laundering using cryptocurrency.</p><p>A tweet from the account @Fxhedgers that referred to the possibility of a crackdown, citing unnamed sources, went viral on Saturday evening.</p><p><img src=\"https://static.tigerbbs.com/405719ecf17d87eebafef7672a86bf58\" tg-width=\"786\" tg-height=\"343\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why crypto stocks tumbled in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy crypto stocks tumbled in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-19 16:12</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Crypto stocks tumbled in premarket trading.Big Digital fell 8.9%,The9 fell 7.7%,Riot Blockchain fell 7.6%,Marathon Digital fell 6.7%,Canaan fell 6%,Coinbase fell 3.8% and SOS fell 5%.</p><p><img src=\"https://static.tigerbbs.com/06f56ae48a20f283a1796b44ceaee7fe\" tg-width=\"370\" tg-height=\"541\" referrerpolicy=\"no-referrer\"></p><p>Bitcoin prices were sinking into correction territory Sunday, marking the sharpest slide for the digital asset since February, coming on the heels of what has been a remarkable stretch for the crypto industry.</p><p>Bitcoin prices fell at one point Sunday afternoon to $51,907, down around 20% from a recent peak of $64,829.14, according to Coindesk. The decline from the crypto’s apex meets the widely accepted definition of a correction in an asset. By Sunday evening, a single bitcoin was going for $56,620.</p><p><img src=\"https://static.tigerbbs.com/1fb4b00395feffcf6e0b195304220d57\" tg-width=\"663\" tg-height=\"419\" referrerpolicy=\"no-referrer\"></p><p>An unverified report on Twitter claimed that the U.S. Treasury Department could be looking to crack down on financial institutions for money laundering using cryptocurrency.</p><p>A tweet from the account @Fxhedgers that referred to the possibility of a crackdown, citing unnamed sources, went viral on Saturday evening.</p><p><img src=\"https://static.tigerbbs.com/405719ecf17d87eebafef7672a86bf58\" tg-width=\"786\" tg-height=\"343\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MARA":"Marathon Digital Holdings Inc","COIN":"Coinbase Global, Inc.","CAN":"嘉楠科技","BTBT":"Bit Digital, Inc.","RIOT":"Riot Platforms"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131815435","content_text":"Crypto stocks tumbled in premarket trading.Big Digital fell 8.9%,The9 fell 7.7%,Riot Blockchain fell 7.6%,Marathon Digital fell 6.7%,Canaan fell 6%,Coinbase fell 3.8% and SOS fell 5%.Bitcoin prices were sinking into correction territory Sunday, marking the sharpest slide for the digital asset since February, coming on the heels of what has been a remarkable stretch for the crypto industry.Bitcoin prices fell at one point Sunday afternoon to $51,907, down around 20% from a recent peak of $64,829.14, according to Coindesk. The decline from the crypto’s apex meets the widely accepted definition of a correction in an asset. By Sunday evening, a single bitcoin was going for $56,620.An unverified report on Twitter claimed that the U.S. Treasury Department could be looking to crack down on financial institutions for money laundering using cryptocurrency.A tweet from the account @Fxhedgers that referred to the possibility of a crackdown, citing unnamed sources, went viral on Saturday evening.","news_type":1},"isVote":1,"tweetType":1,"viewCount":84,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":379112612,"gmtCreate":1618705692236,"gmtModify":1704714116159,"author":{"id":"3581684923109887","authorId":"3581684923109887","name":"Tw0d3MooN","avatar":"https://static.tigerbbs.com/1792a6da317090d0d10ea17a99f1dfa1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581684923109887","authorIdStr":"3581684923109887"},"themes":[],"htmlText":"Coinbase to be as Volatile as Bitcoin? ","listText":"Coinbase to be as Volatile as Bitcoin? ","text":"Coinbase to be as Volatile as Bitcoin?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/379112612","repostId":"1145242426","repostType":4,"repost":{"id":"1145242426","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1618579826,"share":"https://ttm.financial/m/news/1145242426?lang=&edition=fundamental","pubTime":"2021-04-16 21:30","market":"us","language":"en","title":"U.S. stocks gained in Friday open. Blockchain stocks fell","url":"https://stock-news.laohu8.com/highlight/detail?id=1145242426","media":"Tiger Newspress","summary":"(April 16) U.S. stocks shot higher at the open Friday, aiming for fresh records, as economic reports","content":"<p>(April 16) U.S. stocks shot higher at the open Friday, aiming for fresh records, as economic reports and corporate results remained strong. S&P 500 edges higher to another all-time high, on pace for 4th straight positive week.</p><p>The Dow Jones Industrial Average added 157 points, 0.5%, to open near 34,193, while the S&P 500 added 15 points, 0.4%, starting trading near 4,185. Both indexes clinched record closes Thursday. The Nasdaq Composite index, meanwhile, ticked up 0.1%, about 15 points, to trade near 14,053.</p><p>The pace of residential construction quickened in March, according to the most recent housing starts report and Morgan Stanley said profit doubled in the first quarter, topping analyst expectations.</p><p>Bitcoin slides, Blockchain stocks fell. </p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/86da6884447eed1c7e8c7b86db77eb7f\" tg-width=\"313\" tg-height=\"361\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 09:37</span></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>U.S. stocks gained in Friday open. Blockchain stocks fell</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\">\nU.S. stocks gained in Friday open. Blockchain stocks fell\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-16 21:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(April 16) U.S. stocks shot higher at the open Friday, aiming for fresh records, as economic reports and corporate results remained strong. S&P 500 edges higher to another all-time high, on pace for 4th straight positive week.</p><p>The Dow Jones Industrial Average added 157 points, 0.5%, to open near 34,193, while the S&P 500 added 15 points, 0.4%, starting trading near 4,185. Both indexes clinched record closes Thursday. The Nasdaq Composite index, meanwhile, ticked up 0.1%, about 15 points, to trade near 14,053.</p><p>The pace of residential construction quickened in March, according to the most recent housing starts report and Morgan Stanley said profit doubled in the first quarter, topping analyst expectations.</p><p>Bitcoin slides, Blockchain stocks fell. </p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/86da6884447eed1c7e8c7b86db77eb7f\" tg-width=\"313\" tg-height=\"361\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 09:37</span></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145242426","content_text":"(April 16) U.S. stocks shot higher at the open Friday, aiming for fresh records, as economic reports and corporate results remained strong. S&P 500 edges higher to another all-time high, on pace for 4th straight positive week.The Dow Jones Industrial Average added 157 points, 0.5%, to open near 34,193, while the S&P 500 added 15 points, 0.4%, starting trading near 4,185. Both indexes clinched record closes Thursday. The Nasdaq Composite index, meanwhile, ticked up 0.1%, about 15 points, to trade near 14,053.The pace of residential construction quickened in March, according to the most recent housing starts report and Morgan Stanley said profit doubled in the first quarter, topping analyst expectations.Bitcoin slides, Blockchain stocks fell. *Source From Tiger Trade, EST 09:37","news_type":1},"isVote":1,"tweetType":1,"viewCount":180,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127809879,"gmtCreate":1624841768191,"gmtModify":1703845846731,"author":{"id":"3581684923109887","authorId":"3581684923109887","name":"Tw0d3MooN","avatar":"https://static.tigerbbs.com/1792a6da317090d0d10ea17a99f1dfa1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581684923109887","authorIdStr":"3581684923109887"},"themes":[],"htmlText":"More Fuds","listText":"More Fuds","text":"More Fuds","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/127809879","repostId":"1149670859","repostType":4,"repost":{"id":"1149670859","pubTimestamp":1624836323,"share":"https://ttm.financial/m/news/1149670859?lang=&edition=fundamental","pubTime":"2021-06-28 07:25","market":"us","language":"en","title":"Britain bans Binance's UK ops in latest cryptocurrency crackdown","url":"https://stock-news.laohu8.com/highlight/detail?id=1149670859","media":"Reuters","summary":"LONDON (Reuters) -Britain's financial regulator has said Binance, one of the world's largest cryptoc","content":"<p>LONDON (Reuters) -Britain's financial regulator has said Binance, one of the world's largest cryptocurrency exchanges, cannot conduct any regulated activity and issued a warning to consumers about the platform, which is coming under growing scrutiny globally.</p>\n<p>In a notice dated June 25, the Financial Conduct Authority (FCA) said Binance Markets Ltd, Binance's only regulated UK entity, \"must not, without the prior written consent of the FCA, carry out any regulated activities... with immediate effect\".</p>\n<p>It also issued a warning to consumers about Binance Markets and the wider Binance group.</p>\n<p>Binance said in a statement that Binance Markets, which it acquired in 2020, was not yet using its regulatory permissions, and that the FCA's move would not impact services offered on its Binance.com website.</p>\n<p>\"We take a collaborative approach in working with regulators and we take our compliance obligations very seriously. We are actively keeping abreast of changing policies, rules and laws in this new space,\" a spokesperson said.</p>\n<p>Binance announced in June last year that it had bought an FCA-regulated entity and would use it to offer cryptocurrency trading services using pounds and euros.</p>\n<p>AUTHORISATION</p>\n<p>While trading of cryptocurrencies is not directly regulated in Britain, offering services such as trading in cryptocurrency derivatives does require authorisation.</p>\n<p>The FCA has told Binance that by June 30 it must display a notice stating \"BINANCE MARKETS LIMITED IS NOT PERMITTED TO UNDERTAKE ANY REGULATED ACTIVITY IN THE UK\" on its website and social media channels.</p>\n<p>It must also secure and preserve all records relating to UK consumers and inform the FCA this has been done by July 2.</p>\n<p>The regulator did not explain why it had taken these measures.</p>\n<p>British citizens will still be able to access Binance's services in other jurisdictions.</p>\n<p>The FCA is stepping up its oversight of cryptocurrency trading, which has soared in popularity in Britain along with other countries around the globe.</p>\n<p>Since January, the FCA has required all firms offering cryptocurrency-related services to register and show they comply with anti-money laundering rules. However earlier this month it said that just five firms had registered, and that the majority were not yet compliant.</p>\n<p>Japan's regulator said on June 25 that Binance was operating in the country illegally, a notice posted on Japan's Financial Services Agency website showed.</p>\n<p>Last month, Bloomberg reported that officials from the U.S. Justice Department and Internal Revenue Service who probe money laundering and tax offences had sought information from individuals with insight into Binance's business.</p>\n<p>In April, Germany's financial regulator BaFin said the exchange risked being fined for offering digital tokens without an investor prospectus.</p>","source":"lsy1612507957220","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>Britain bans Binance's UK ops in latest cryptocurrency crackdown</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\">\nBritain bans Binance's UK ops in latest cryptocurrency crackdown\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 07:25 GMT+8 <a href=https://finance.yahoo.com/news/financial-watchdog-orders-crypto-exchange-104557283.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>LONDON (Reuters) -Britain's financial regulator has said Binance, one of the world's largest cryptocurrency exchanges, cannot conduct any regulated activity and issued a warning to consumers about the...</p>\n\n<a href=\"https://finance.yahoo.com/news/financial-watchdog-orders-crypto-exchange-104557283.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://finance.yahoo.com/news/financial-watchdog-orders-crypto-exchange-104557283.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149670859","content_text":"LONDON (Reuters) -Britain's financial regulator has said Binance, one of the world's largest cryptocurrency exchanges, cannot conduct any regulated activity and issued a warning to consumers about the platform, which is coming under growing scrutiny globally.\nIn a notice dated June 25, the Financial Conduct Authority (FCA) said Binance Markets Ltd, Binance's only regulated UK entity, \"must not, without the prior written consent of the FCA, carry out any regulated activities... with immediate effect\".\nIt also issued a warning to consumers about Binance Markets and the wider Binance group.\nBinance said in a statement that Binance Markets, which it acquired in 2020, was not yet using its regulatory permissions, and that the FCA's move would not impact services offered on its Binance.com website.\n\"We take a collaborative approach in working with regulators and we take our compliance obligations very seriously. We are actively keeping abreast of changing policies, rules and laws in this new space,\" a spokesperson said.\nBinance announced in June last year that it had bought an FCA-regulated entity and would use it to offer cryptocurrency trading services using pounds and euros.\nAUTHORISATION\nWhile trading of cryptocurrencies is not directly regulated in Britain, offering services such as trading in cryptocurrency derivatives does require authorisation.\nThe FCA has told Binance that by June 30 it must display a notice stating \"BINANCE MARKETS LIMITED IS NOT PERMITTED TO UNDERTAKE ANY REGULATED ACTIVITY IN THE UK\" on its website and social media channels.\nIt must also secure and preserve all records relating to UK consumers and inform the FCA this has been done by July 2.\nThe regulator did not explain why it had taken these measures.\nBritish citizens will still be able to access Binance's services in other jurisdictions.\nThe FCA is stepping up its oversight of cryptocurrency trading, which has soared in popularity in Britain along with other countries around the globe.\nSince January, the FCA has required all firms offering cryptocurrency-related services to register and show they comply with anti-money laundering rules. However earlier this month it said that just five firms had registered, and that the majority were not yet compliant.\nJapan's regulator said on June 25 that Binance was operating in the country illegally, a notice posted on Japan's Financial Services Agency website showed.\nLast month, Bloomberg reported that officials from the U.S. Justice Department and Internal Revenue Service who probe money laundering and tax offences had sought information from individuals with insight into Binance's business.\nIn April, Germany's financial regulator BaFin said the exchange risked being fined for offering digital tokens without an investor prospectus.","news_type":1},"isVote":1,"tweetType":1,"viewCount":454,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":180354698,"gmtCreate":1623191323314,"gmtModify":1704197836705,"author":{"id":"3581684923109887","authorId":"3581684923109887","name":"Tw0d3MooN","avatar":"https://static.tigerbbs.com/1792a6da317090d0d10ea17a99f1dfa1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581684923109887","authorIdStr":"3581684923109887"},"themes":[],"htmlText":"Take extra precaution when trading memes ","listText":"Take extra precaution when trading memes ","text":"Take extra precaution when trading memes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/180354698","repostId":"2141266499","repostType":4,"isVote":1,"tweetType":1,"viewCount":492,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":115161881,"gmtCreate":1622959679943,"gmtModify":1704193832313,"author":{"id":"3581684923109887","authorId":"3581684923109887","name":"Tw0d3MooN","avatar":"https://static.tigerbbs.com/1792a6da317090d0d10ea17a99f1dfa1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581684923109887","authorIdStr":"3581684923109887"},"themes":[],"htmlText":"Take extra care when trading memes ","listText":"Take extra care when trading memes ","text":"Take extra care when trading memes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/115161881","repostId":"1173473450","repostType":4,"repost":{"id":"1173473450","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":1622942100,"share":"https://ttm.financial/m/news/1173473450?lang=&edition=fundamental","pubTime":"2021-06-06 09:15","market":"us","language":"en","title":"How The AMC Squeeze Compares To The GameStop Run: Are Buyers Just Playing A Game?","url":"https://stock-news.laohu8.com/highlight/detail?id=1173473450","media":"Benzinga","summary":"AMC Entertainment Holdings Inc held on to its weekly gains in early afternoon trading on Friday afte","content":"<p><b>AMC Entertainment Holdings Inc</b> held on to its weekly gains in early afternoon trading on Friday after a sharp pullback in Thursday’s session.</p>\n<p>Heading into next week, AMC traders will be asking themselves if this week’s run-up is a repeat of January trading action in <b>GameStop Corp.</b>, or if the rally in AMC had legs.</p>\n<p><b>Deja Vu?</b>GameStop shares hit their all-time high of $483 on Jan. 28. In the month leading up to that peak, the stock rallied about 1,560%.</p>\n<p>This week, AMC hit its all-time high of $72.62. In the month leading up to that peak, AMC shares gained just 523%. However, AMC’s year-to-date gains are now 2,330%, while GameStop’s 2020 gains are just 1,260%.</p>\n<p>In the month following GameStop’s run to $483 back in January, the stock tumbled 78.3%. If AMC suffers a similar fate, the stock could be back down around $15.75 within a matter of weeks.</p>\n<p><b>Voices From The Street:</b> Michael Batnick, Director of Research at Ritholtz Wealth Management,wrote in a blog post on Thursday about how the current AMC mania appears to be very similar to the mania that sent the stock soaring more than 800% in the first 17 days of 2021.</p>\n<p>“Buyers are just playing a game with tickers on a screen. The madness can continue as long as people think they can get out before the collapse,” Batnick wrote.</p>\n<p>David Trainer, CEO of New Constructs, didn’t pull any punches in discussing the true value of AMC shares this week.</p>\n<p>“The surge in shares of AMC Entertainment is yet another sign of the reckless meme stock-driven investing landscape that we find ourselves in today,” Trainer said. “We think AMC Entertainment's stock is worth $0 per share, given its weak earnings, dilution from recent stock offerings and mountain of debt.”</p>\n<p>Themis Trading's Joe Saluzzi told Benzinga the trading action in both AMC and GameStop in 2021 is a sign regulators need to step in.</p>\n<p>“During the ‘Gamestopped’ Congressional hearings, SEC Chairman Gensler indicated that the Commission would be publishing a report this summer on the volatile trading events that occurred in late January. Market participants are anxious to see this report, but it looks like the SEC may already need to update it to include the events of this week,” Saluzzi said.</p>\n<p><b>Benzinga’s Take:</b>The social media narrative surrounding GameStop and AMC is that retail traders on Reddit and Robinhood are sticking it to big hedge funds by squeezing them out of their short positions. In reality, retail trading accounted for an estimated 11% of trading volume in AMC this week, whereas the majority of AMC’s trading volume came from dark pools, and large institutional block and sweep trades in both the stock and option markets.</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>How The AMC Squeeze Compares To The GameStop Run: Are Buyers Just Playing A Game?</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\">\nHow The AMC Squeeze Compares To The GameStop Run: Are Buyers Just Playing A Game?\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\">2021-06-06 09:15</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>AMC Entertainment Holdings Inc</b> held on to its weekly gains in early afternoon trading on Friday after a sharp pullback in Thursday’s session.</p>\n<p>Heading into next week, AMC traders will be asking themselves if this week’s run-up is a repeat of January trading action in <b>GameStop Corp.</b>, or if the rally in AMC had legs.</p>\n<p><b>Deja Vu?</b>GameStop shares hit their all-time high of $483 on Jan. 28. In the month leading up to that peak, the stock rallied about 1,560%.</p>\n<p>This week, AMC hit its all-time high of $72.62. In the month leading up to that peak, AMC shares gained just 523%. However, AMC’s year-to-date gains are now 2,330%, while GameStop’s 2020 gains are just 1,260%.</p>\n<p>In the month following GameStop’s run to $483 back in January, the stock tumbled 78.3%. If AMC suffers a similar fate, the stock could be back down around $15.75 within a matter of weeks.</p>\n<p><b>Voices From The Street:</b> Michael Batnick, Director of Research at Ritholtz Wealth Management,wrote in a blog post on Thursday about how the current AMC mania appears to be very similar to the mania that sent the stock soaring more than 800% in the first 17 days of 2021.</p>\n<p>“Buyers are just playing a game with tickers on a screen. The madness can continue as long as people think they can get out before the collapse,” Batnick wrote.</p>\n<p>David Trainer, CEO of New Constructs, didn’t pull any punches in discussing the true value of AMC shares this week.</p>\n<p>“The surge in shares of AMC Entertainment is yet another sign of the reckless meme stock-driven investing landscape that we find ourselves in today,” Trainer said. “We think AMC Entertainment's stock is worth $0 per share, given its weak earnings, dilution from recent stock offerings and mountain of debt.”</p>\n<p>Themis Trading's Joe Saluzzi told Benzinga the trading action in both AMC and GameStop in 2021 is a sign regulators need to step in.</p>\n<p>“During the ‘Gamestopped’ Congressional hearings, SEC Chairman Gensler indicated that the Commission would be publishing a report this summer on the volatile trading events that occurred in late January. Market participants are anxious to see this report, but it looks like the SEC may already need to update it to include the events of this week,” Saluzzi said.</p>\n<p><b>Benzinga’s Take:</b>The social media narrative surrounding GameStop and AMC is that retail traders on Reddit and Robinhood are sticking it to big hedge funds by squeezing them out of their short positions. In reality, retail trading accounted for an estimated 11% of trading volume in AMC this week, whereas the majority of AMC’s trading volume came from dark pools, and large institutional block and sweep trades in both the stock and option markets.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线","GME":"游戏驿站"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173473450","content_text":"AMC Entertainment Holdings Inc held on to its weekly gains in early afternoon trading on Friday after a sharp pullback in Thursday’s session.\nHeading into next week, AMC traders will be asking themselves if this week’s run-up is a repeat of January trading action in GameStop Corp., or if the rally in AMC had legs.\nDeja Vu?GameStop shares hit their all-time high of $483 on Jan. 28. In the month leading up to that peak, the stock rallied about 1,560%.\nThis week, AMC hit its all-time high of $72.62. In the month leading up to that peak, AMC shares gained just 523%. However, AMC’s year-to-date gains are now 2,330%, while GameStop’s 2020 gains are just 1,260%.\nIn the month following GameStop’s run to $483 back in January, the stock tumbled 78.3%. If AMC suffers a similar fate, the stock could be back down around $15.75 within a matter of weeks.\nVoices From The Street: Michael Batnick, Director of Research at Ritholtz Wealth Management,wrote in a blog post on Thursday about how the current AMC mania appears to be very similar to the mania that sent the stock soaring more than 800% in the first 17 days of 2021.\n“Buyers are just playing a game with tickers on a screen. The madness can continue as long as people think they can get out before the collapse,” Batnick wrote.\nDavid Trainer, CEO of New Constructs, didn’t pull any punches in discussing the true value of AMC shares this week.\n“The surge in shares of AMC Entertainment is yet another sign of the reckless meme stock-driven investing landscape that we find ourselves in today,” Trainer said. “We think AMC Entertainment's stock is worth $0 per share, given its weak earnings, dilution from recent stock offerings and mountain of debt.”\nThemis Trading's Joe Saluzzi told Benzinga the trading action in both AMC and GameStop in 2021 is a sign regulators need to step in.\n“During the ‘Gamestopped’ Congressional hearings, SEC Chairman Gensler indicated that the Commission would be publishing a report this summer on the volatile trading events that occurred in late January. Market participants are anxious to see this report, but it looks like the SEC may already need to update it to include the events of this week,” Saluzzi said.\nBenzinga’s Take:The social media narrative surrounding GameStop and AMC is that retail traders on Reddit and Robinhood are sticking it to big hedge funds by squeezing them out of their short positions. In reality, retail trading accounted for an estimated 11% of trading volume in AMC this week, whereas the majority of AMC’s trading volume came from dark pools, and large institutional block and sweep trades in both the stock and option markets.","news_type":1},"isVote":1,"tweetType":1,"viewCount":802,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371050798,"gmtCreate":1618894703114,"gmtModify":1704716496832,"author":{"id":"3581684923109887","authorId":"3581684923109887","name":"Tw0d3MooN","avatar":"https://static.tigerbbs.com/1792a6da317090d0d10ea17a99f1dfa1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581684923109887","authorIdStr":"3581684923109887"},"themes":[],"htmlText":"Only For Diamond Hands","listText":"Only For Diamond Hands","text":"Only For Diamond Hands","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/371050798","repostId":"1161189369","repostType":4,"repost":{"id":"1161189369","pubTimestamp":1618892572,"share":"https://ttm.financial/m/news/1161189369?lang=&edition=fundamental","pubTime":"2021-04-20 12:22","market":"us","language":"en","title":"ARK Invest Stocks To Buy And Watch: 6 Stocks That Cathie Wood's ARK ETFs Own; Coinbase And Tesla Tumble","url":"https://stock-news.laohu8.com/highlight/detail?id=1161189369","media":"investors","summary":"Cathie Wood's ARK Invest ETFs are some of the hottest funds after 2020's huge stock market gains. Si","content":"<p>Cathie Wood's ARK Invest ETFs are some of the hottest funds after 2020's huge stock market gains. Six ARK Invest stocks to buy and watch are Coinbase, DraftKings, Sea Limited, Square, Teladoc Health and Tesla.</p>\n<p><b>ARK ETFs</b></p>\n<p>TheARK Investinvestment company's flagship fund is ARK Innovation ETF (ARKK). TheARKK ETFfocuses on companies that exhibit \"disruptive innovation,\" a technologically enabled new product or service that potentially changes the way the world works.</p>\n<p>The ARK Innovation ETFsurged more than 152%in 2020, handily beating the Nasdaq's hefty 43.6% return.</p>\n<p>Other ARK ETFs include Autonomous Technology & Robotics (ARKQ), Next Generation Internet (ARKW), Genomic Revolution (ARKG), Fintech Innovation (ARKF) and the recently debuted Space Exploration and Innovation (ARKX).</p>\n<p>How To Invest Like Cathie Wood: Focus On Game Changers</p>\n<p>The ARKK fund's huge gain in 2020 resulted from big stock success stories in cutting-edge tech areas: DNA sequencing, robotics, artificial intelligence, energy storage and blockchain technology.</p>\n<p>\"Disruptive innovation is often not priced correctly by traditional investment strategies because people may not understand how big the ultimate opportunities are going to be. They aren't sizing the opportunity and they aren't analyzing the disruption,\" Wood, the founder and CEO of ARK Invest,commented on the company's website.</p>\n<p><b>ARK Invest Stocks To Buy And Watch</b></p>\n<p>Amid the current stock market uptrend — according toIBD's market outlook— investors should focus on buying top stocks breaking out past correct buy points.</p>\n<p>ARK Invest stocks to buy and watch, and their tickers, include<b>Coinbase Global</b>(COIN)<b>DraftKings</b>(DKNG),<b>Sea Limited</b>(SE),<b>Square</b>(SQ),<b>Tesla</b>(TSLA) and<b>Teladoc Health</b>(TDOC).</p>\n<p><img src=\"https://static.tigerbbs.com/89a2215df71394e5468ae86b66140f17\" tg-width=\"446\" tg-height=\"321\"><b>Coinbase IPO</b></p>\n<p>Cryptocurrency exchange Coinbasedebutedon April 14, pricing at $250 a share. Coinbase stock closed its first day of trading 328.28, up 31.3%, for a valuation of $87.3 billion. Investors should wait for an IPO base to form before jumping into the hot IPO stock.</p>\n<p>The new stake in Coinbase represents another one of the Ark Invest stocks that offers more exposure to cryptocurrencies.</p>\n<p>COIN stock fell 2.6% Monday.</p>\n<p><b>DraftKings Stock</b></p>\n<p>DraftKingsis an online sports platform that allows users to play daily fantasy games and win cash prizes. The company is poised to take advantage of the expanding legalization of digital sports betting across the U.S.</p>\n<p>DraftKings stock is below its50-day moving average. It could form a base once the stock can recover from its downtrend. There is no buy point at this time, but a decisive retake of the 50-day line would be bullish for the stock's prospects.</p>\n<p>The sports-betting leader is one of the newest ARK Invest stocks. On March 8, ARK Invest disclosed a new position of 748,000 shares for the ARKK ETF.</p>\n<p>DKNG stock declined 2.2% Monday.</p>\n<p><b>Sea Limited Stock</b></p>\n<p>Sea says it has both the largest digital entertainment platform and the largest e-commerce operation in the Southeast Asia region, comprised of Indonesia, Taiwan, Vietnam, Thailand, the Philippines, Malaysia and Singapore. Its market reach extends to Latin America.</p>\n<p>Sea Limited stock is shaping acup with handle, which offers a 258.70buy point. Shares briefly topped the buy point Monday before reversing 1% lower Monday.</p>\n<p><b>This Cathie Wood Stock Pick Nears A New Buy Poin</b>t</p>\n<p>Square is a digital payments and cryptocurrency leader. Recently, Square disclosed a new $170 million investment in Bitcoin on top of its $50 million purchase in October. Bitcoin represents 5% of total company assets.</p>\n<p>Square stockis nearing a 278.23buy pointin a cup with handle. Shares are about 10% away from the buy point. Despite soaring more than 700% from the coronavirus bear market lows, SQ stock's base is still early stage.</p>\n<p>According to IBD Stock Checkup, Square stock boasts a perfect 99 IBD Composite Rating. The IBD Composite Rating helps investors easily measure the quality of a stock's fundamental and technical metrics.</p>\n<p>Square stock moved down over 4% Monday.</p>\n<p><b>Why Tesla Is One Of The Top ARK Invest Stocks</b></p>\n<p>Tesla stock is one of the top ARK Invest stocks, with whopping 11% weighting in the ARKK ETF portfolio. In mid-January, ARK Investunveiled its 2025 price targeton Tesla stock of 3,000 a share.</p>\n<p>On April 13, Tesla stock surged over 8% to decisively reclaim its 50-day moving average. Shares are building the right side of a new cup base. But it is a late-stage base.</p>\n<p>TSLA stock dropped 3.4% Monday.</p>\n<p><b>Teladoc Health Stock</b></p>\n<p>Teladoc Health provides on-demand health care services, such as nonemergency doctor's appointments, online. More doctors and patients are opting for telemedicine due to Covid-19. Teladoc is one of the biggest ARK Invest stocks, with an over-6% portfolio weighting in the ARKK portfolio.</p>\n<p>TDOC stock is trading about 40% off its 52-week high and is far below its 10-week moving average. Shares fell 3% Monday.</p>","source":"lsy1610449120050","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>ARK Invest Stocks To Buy And Watch: 6 Stocks That Cathie Wood's ARK ETFs Own; Coinbase And Tesla Tumble</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\">\nARK Invest Stocks To Buy And Watch: 6 Stocks That Cathie Wood's ARK ETFs Own; Coinbase And Tesla Tumble\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-20 12:22 GMT+8 <a href=https://www.investors.com/research/ark-invest-stocks/?src=A00220><strong>investors</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cathie Wood's ARK Invest ETFs are some of the hottest funds after 2020's huge stock market gains. Six ARK Invest stocks to buy and watch are Coinbase, DraftKings, Sea Limited, Square, Teladoc Health ...</p>\n\n<a href=\"https://www.investors.com/research/ark-invest-stocks/?src=A00220\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKR":"Ark Restaurants Corp","ARKG":"ARK Genomic Revolution ETF","ARKX":"ARK Space Exploration & Innovation ETF","ARKK":"ARK Innovation ETF","ARKQ":"ARK Autonomous Technology & Robotics ETF","ARKF":"ARK Fintech Innovation ETF","ARKW":"ARK Next Generation Internation ETF"},"source_url":"https://www.investors.com/research/ark-invest-stocks/?src=A00220","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161189369","content_text":"Cathie Wood's ARK Invest ETFs are some of the hottest funds after 2020's huge stock market gains. Six ARK Invest stocks to buy and watch are Coinbase, DraftKings, Sea Limited, Square, Teladoc Health and Tesla.\nARK ETFs\nTheARK Investinvestment company's flagship fund is ARK Innovation ETF (ARKK). TheARKK ETFfocuses on companies that exhibit \"disruptive innovation,\" a technologically enabled new product or service that potentially changes the way the world works.\nThe ARK Innovation ETFsurged more than 152%in 2020, handily beating the Nasdaq's hefty 43.6% return.\nOther ARK ETFs include Autonomous Technology & Robotics (ARKQ), Next Generation Internet (ARKW), Genomic Revolution (ARKG), Fintech Innovation (ARKF) and the recently debuted Space Exploration and Innovation (ARKX).\nHow To Invest Like Cathie Wood: Focus On Game Changers\nThe ARKK fund's huge gain in 2020 resulted from big stock success stories in cutting-edge tech areas: DNA sequencing, robotics, artificial intelligence, energy storage and blockchain technology.\n\"Disruptive innovation is often not priced correctly by traditional investment strategies because people may not understand how big the ultimate opportunities are going to be. They aren't sizing the opportunity and they aren't analyzing the disruption,\" Wood, the founder and CEO of ARK Invest,commented on the company's website.\nARK Invest Stocks To Buy And Watch\nAmid the current stock market uptrend — according toIBD's market outlook— investors should focus on buying top stocks breaking out past correct buy points.\nARK Invest stocks to buy and watch, and their tickers, includeCoinbase Global(COIN)DraftKings(DKNG),Sea Limited(SE),Square(SQ),Tesla(TSLA) andTeladoc Health(TDOC).\nCoinbase IPO\nCryptocurrency exchange Coinbasedebutedon April 14, pricing at $250 a share. Coinbase stock closed its first day of trading 328.28, up 31.3%, for a valuation of $87.3 billion. Investors should wait for an IPO base to form before jumping into the hot IPO stock.\nThe new stake in Coinbase represents another one of the Ark Invest stocks that offers more exposure to cryptocurrencies.\nCOIN stock fell 2.6% Monday.\nDraftKings Stock\nDraftKingsis an online sports platform that allows users to play daily fantasy games and win cash prizes. The company is poised to take advantage of the expanding legalization of digital sports betting across the U.S.\nDraftKings stock is below its50-day moving average. It could form a base once the stock can recover from its downtrend. There is no buy point at this time, but a decisive retake of the 50-day line would be bullish for the stock's prospects.\nThe sports-betting leader is one of the newest ARK Invest stocks. On March 8, ARK Invest disclosed a new position of 748,000 shares for the ARKK ETF.\nDKNG stock declined 2.2% Monday.\nSea Limited Stock\nSea says it has both the largest digital entertainment platform and the largest e-commerce operation in the Southeast Asia region, comprised of Indonesia, Taiwan, Vietnam, Thailand, the Philippines, Malaysia and Singapore. Its market reach extends to Latin America.\nSea Limited stock is shaping acup with handle, which offers a 258.70buy point. Shares briefly topped the buy point Monday before reversing 1% lower Monday.\nThis Cathie Wood Stock Pick Nears A New Buy Point\nSquare is a digital payments and cryptocurrency leader. Recently, Square disclosed a new $170 million investment in Bitcoin on top of its $50 million purchase in October. Bitcoin represents 5% of total company assets.\nSquare stockis nearing a 278.23buy pointin a cup with handle. Shares are about 10% away from the buy point. Despite soaring more than 700% from the coronavirus bear market lows, SQ stock's base is still early stage.\nAccording to IBD Stock Checkup, Square stock boasts a perfect 99 IBD Composite Rating. The IBD Composite Rating helps investors easily measure the quality of a stock's fundamental and technical metrics.\nSquare stock moved down over 4% Monday.\nWhy Tesla Is One Of The Top ARK Invest Stocks\nTesla stock is one of the top ARK Invest stocks, with whopping 11% weighting in the ARKK ETF portfolio. In mid-January, ARK Investunveiled its 2025 price targeton Tesla stock of 3,000 a share.\nOn April 13, Tesla stock surged over 8% to decisively reclaim its 50-day moving average. Shares are building the right side of a new cup base. But it is a late-stage base.\nTSLA stock dropped 3.4% Monday.\nTeladoc Health Stock\nTeladoc Health provides on-demand health care services, such as nonemergency doctor's appointments, online. More doctors and patients are opting for telemedicine due to Covid-19. Teladoc is one of the biggest ARK Invest stocks, with an over-6% portfolio weighting in the ARKK portfolio.\nTDOC stock is trading about 40% off its 52-week high and is far below its 10-week moving average. Shares fell 3% Monday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":115455717,"gmtCreate":1623028389139,"gmtModify":1704194526914,"author":{"id":"3581684923109887","authorId":"3581684923109887","name":"Tw0d3MooN","avatar":"https://static.tigerbbs.com/1792a6da317090d0d10ea17a99f1dfa1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581684923109887","authorIdStr":"3581684923109887"},"themes":[],"htmlText":"Hoping for a further dip so that I can increase my position. ","listText":"Hoping for a further dip so that I can increase my position. ","text":"Hoping for a further dip so that I can increase my position.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/115455717","repostId":"2141628501","repostType":4,"repost":{"id":"2141628501","pubTimestamp":1623023455,"share":"https://ttm.financial/m/news/2141628501?lang=&edition=fundamental","pubTime":"2021-06-07 07:50","market":"other","language":"en","title":"Bitcoin Drops Amid Weibo Crypto Suspensions, Goldman CIO Survey","url":"https://stock-news.laohu8.com/highlight/detail?id=2141628501","media":"Bloomberg","summary":"(Bloomberg) -- Bitcoin and most other top cryptocurrencies fell on Sunday on concerns that there may","content":"<p>(Bloomberg) -- Bitcoin and most other top cryptocurrencies fell on Sunday on concerns that there may be a further crackdown on the industry in China and as a report from Goldman Sachs Group Inc. served as a reminder that institutional adoption may be a long process.</p><p>Bitcoin, Ether and the rest of the top 30 cryptocurrencies excluding stablecoins declined in the past 24 hours as of 1:40 p.m. in Hong Kong, according to pricing data from CoinGecko. Chinese social-media service Weibo suspended some crypto-related accounts -- when trying to view them, a message comes up that says the accounts have been reported for violations of laws, regulations or Weibo rules.</p><p>Weibo’s media relations officer didn’t immediately reply to an email request for comment on Sunday. The micro-blogging service took similar action in 2019 when it suspended the accounts of exchange operator Binance Holdings Ltd. and blockchain platform Tron.</p><p>Chinese authorities have recently cautioned on crypto trading and Bitcoin mining efforts are being curtailed, which have put pressure on prices. Bitcoin, the largest cryptocurrency, is also struggling with technical levels, remaining below its 20-day and 200-day moving averages.</p><p>Bitcoin “remains vulnerable to a test of critical support at $29,000 with downside to risk to $20,000,” Evercore ISI technical strategist Rich Ross wrote in a note Friday. He said he’s a “seller” currently, with a $41,000 buy stop.</p><p>Bitcoin went on a furious rally at the beginning of the year, surging to almost $65,000 amid enthusiasm about institutional adoption, the idea that it’s a store of value akin to “digital gold,” and with endorsements from big-name investors like Paul Tudor Jones and Stan Druckenmiller.</p><p>The cryptocurrency has retreated by more than $25,000 since then and was recently trading around $36,100. It’s still up about 25% this year.</p><p>In a development that undermines the narrative about institutional adoption, a Goldman Sachs note on Saturday showed that not everyone in finance is eager to jump in.</p><p>“We held two CIO roundtable sessions earlier this week, which were attended by 25 CIOs from various long-only and hedge funds,” the strategists led by Timothy Moe wrote. “Their most favorite is Growth style but least favorite on Bitcoin.”</p><p>Still, support for Bitcoin continues to grow in some quarters. In comments from a video broadcast at the Bitcoin 2021 conference in Miamia, El Salvador President Nayib Bukele said he plans to make Bitcoin legal tender in the country, while San Francisco-based Square Inc. said it will invest $5 million to build a solar-powered Bitcoin mining facility. The project will be constructed at a Blockstream Mining site in the U.S. through a partnership with the blockchain technology provider.</p><p>Separately, a video posted on YouTube on Friday that appears to be from the group “Anonymous” criticizes Tesla Inc. Chief Executive Office Elon Musk for a variety of reasons including his social-media commentary about Bitcoin. Musk, for his part, continued to tweet actively into the weekend about crypto and other matters.</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>Bitcoin Drops Amid Weibo Crypto Suspensions, Goldman CIO Survey</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\">\nBitcoin Drops Amid Weibo Crypto Suspensions, Goldman CIO Survey\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-07 07:50 GMT+8 <a href=https://finance.yahoo.com/news/bitcoin-drops-amid-weibo-crypto-065155001.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Bitcoin and most other top cryptocurrencies fell on Sunday on concerns that there may be a further crackdown on the industry in China and as a report from Goldman Sachs Group Inc. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/bitcoin-drops-amid-weibo-crypto-065155001.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","GS":"高盛","WB":"微博"},"source_url":"https://finance.yahoo.com/news/bitcoin-drops-amid-weibo-crypto-065155001.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2141628501","content_text":"(Bloomberg) -- Bitcoin and most other top cryptocurrencies fell on Sunday on concerns that there may be a further crackdown on the industry in China and as a report from Goldman Sachs Group Inc. served as a reminder that institutional adoption may be a long process.Bitcoin, Ether and the rest of the top 30 cryptocurrencies excluding stablecoins declined in the past 24 hours as of 1:40 p.m. in Hong Kong, according to pricing data from CoinGecko. Chinese social-media service Weibo suspended some crypto-related accounts -- when trying to view them, a message comes up that says the accounts have been reported for violations of laws, regulations or Weibo rules.Weibo’s media relations officer didn’t immediately reply to an email request for comment on Sunday. The micro-blogging service took similar action in 2019 when it suspended the accounts of exchange operator Binance Holdings Ltd. and blockchain platform Tron.Chinese authorities have recently cautioned on crypto trading and Bitcoin mining efforts are being curtailed, which have put pressure on prices. Bitcoin, the largest cryptocurrency, is also struggling with technical levels, remaining below its 20-day and 200-day moving averages.Bitcoin “remains vulnerable to a test of critical support at $29,000 with downside to risk to $20,000,” Evercore ISI technical strategist Rich Ross wrote in a note Friday. He said he’s a “seller” currently, with a $41,000 buy stop.Bitcoin went on a furious rally at the beginning of the year, surging to almost $65,000 amid enthusiasm about institutional adoption, the idea that it’s a store of value akin to “digital gold,” and with endorsements from big-name investors like Paul Tudor Jones and Stan Druckenmiller.The cryptocurrency has retreated by more than $25,000 since then and was recently trading around $36,100. It’s still up about 25% this year.In a development that undermines the narrative about institutional adoption, a Goldman Sachs note on Saturday showed that not everyone in finance is eager to jump in.“We held two CIO roundtable sessions earlier this week, which were attended by 25 CIOs from various long-only and hedge funds,” the strategists led by Timothy Moe wrote. “Their most favorite is Growth style but least favorite on Bitcoin.”Still, support for Bitcoin continues to grow in some quarters. In comments from a video broadcast at the Bitcoin 2021 conference in Miamia, El Salvador President Nayib Bukele said he plans to make Bitcoin legal tender in the country, while San Francisco-based Square Inc. said it will invest $5 million to build a solar-powered Bitcoin mining facility. The project will be constructed at a Blockstream Mining site in the U.S. through a partnership with the blockchain technology provider.Separately, a video posted on YouTube on Friday that appears to be from the group “Anonymous” criticizes Tesla Inc. Chief Executive Office Elon Musk for a variety of reasons including his social-media commentary about Bitcoin. Musk, for his part, continued to tweet actively into the weekend about crypto and other matters.","news_type":1},"isVote":1,"tweetType":1,"viewCount":505,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":116060206,"gmtCreate":1622766309105,"gmtModify":1704190676079,"author":{"id":"3581684923109887","authorId":"3581684923109887","name":"Tw0d3MooN","avatar":"https://static.tigerbbs.com/1792a6da317090d0d10ea17a99f1dfa1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581684923109887","authorIdStr":"3581684923109887"},"themes":[],"htmlText":"Please be careful with the memes. ","listText":"Please be careful with the memes. ","text":"Please be careful with the memes.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/116060206","repostId":"1103361405","repostType":4,"repost":{"id":"1103361405","pubTimestamp":1622765944,"share":"https://ttm.financial/m/news/1103361405?lang=&edition=fundamental","pubTime":"2021-06-04 08:19","market":"us","language":"en","title":"AMC ends wild trading day down 18% after share sale","url":"https://stock-news.laohu8.com/highlight/detail?id=1103361405","media":"CNBC","summary":"KEY POINTS\n\nAMC Entertainment shares ended a rollercoaster trading session down 18% on Thursday afte","content":"<div>\n<p>KEY POINTS\n\nAMC Entertainment shares ended a rollercoaster trading session down 18% on Thursday after the company announced a stock sale.\nThe stock price dropped as low as $37.66 during the session ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/02/amc-rally-continues-as-shares-jump-in-after-hour-trading.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC ends wild trading day down 18% after share sale</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\">\nAMC ends wild trading day down 18% after share sale\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-04 08:19 GMT+8 <a href=https://www.cnbc.com/2021/06/02/amc-rally-continues-as-shares-jump-in-after-hour-trading.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nAMC Entertainment shares ended a rollercoaster trading session down 18% on Thursday after the company announced a stock sale.\nThe stock price dropped as low as $37.66 during the session ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/02/amc-rally-continues-as-shares-jump-in-after-hour-trading.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://www.cnbc.com/2021/06/02/amc-rally-continues-as-shares-jump-in-after-hour-trading.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1103361405","content_text":"KEY POINTS\n\nAMC Entertainment shares ended a rollercoaster trading session down 18% on Thursday after the company announced a stock sale.\nThe stock price dropped as low as $37.66 during the session after AMC said it may offer and sell \"from time to time\" up to 11.55 million shares.\nThen, AMC shares rallied off their lows and turned green after the company said it had already completed the offering just a few hours later.\nThe stock closed Thursday at $51.34.\n\nAMC Entertainmentshares ended a rollercoaster trading session down 18% on Thursday after the company announced a stock sale.\nThe wild trading day is the latest in the theater chain meme stock's movement driven by retail investors banding together on Reddit.\nThe stock price dropped as low as $37.66 during the session after AMC said it mayoffer and sell\"from time to time\" up to an aggregate of 11.55 million shares of its Class A common stock. Additional shares dilute the value of the existing stock for existing shareholders.\nThen, AMC shares rallied off their lows and turned green after the company said it had alreadycompleted the offeringjust a few hours later, raising about $587.4 million.\nThe stock closed Thursday at $51.34.\nRetail investors — many active on Reddit's WallStreetBets forum — have been leading the AMC rally, and AMC executives have taken note. On Wednesday, the company announced anew portal to connect with individual investorsand offered free popcorn, exclusive screenings and other perks to those who hold its stock.\nJPMorgan noted that in the last week, retail order flow into AMC jumped to $583 million, 6.9 standard deviations above the average level of the last one year. According to their quantitative strategy, this kind of imbalance can lead to more outperformance by the stock in coming weeks.\nOn Wednesday, AMCsoared 95% in the regular trading sessionto close at an all-time high of $62.55. Its previous closing record of $35.86 was reached in 2015, according to FactSet data. AMC's stock spiked as it hit an intraday high of $72.62, well above its previous intraday record of $36.72.\nTrading was halted several times Wednesday and again on Thursday amid the volatility. The shares were up more than 100% at one point Wednesday. At the end of the day, more than 710 million shares exchanged hands — nearly double the number of AMC's shares outstanding. The company's 30-day average volume is just 143 million shares.\nAMC shares are up more than 3,000% so far this year, bringing its market capitalization to more than $32 billion. That makes it worth more than stocks like Delta Air Lines, State Street and Best Buy.\nIn a similar occurrence seen in January with the meme stocks like GameStop, defiant short-sellers have increased their bets against AMC shares over the last month, possibly fueling the move higher. About 18% of the AMC shares available for trading are still sold short through Wednesday, according to S3 Partners.\nOn Wednesday, short-sellers lost $2.8 billion as the stock surged, according to S3. That brings their year-to-date losses to more than $5 billion, according to S3.\nShort sellers like hedge funds borrow the stock from an investment bank and sell it in the hopes of buying it back at a lower price and returning the shares, pocketing the difference. However, when a stock surges higher, a so-called short squeeze can occur where investors are forced to buy back the stock to cut their losses.\nWednesday's wild trading activity comes even after an investment firm reportedly sold off its stake in the company. On Tuesday, AMC revealed itsold 8.5 million newly issued shares to Mudrick Capital, the latest in a series of capital raises for the stock. The hedge fund latersold all of its AMC stock for a profitthat same day, according to Bloomberg News.\nMost Wall Street analysts believe AMC shares will plummet eventually. The average 12-month target price of analysts is $5.11, according to FactSet.","news_type":1},"isVote":1,"tweetType":1,"viewCount":627,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":102488782,"gmtCreate":1620230850846,"gmtModify":1704340576168,"author":{"id":"3581684923109887","authorId":"3581684923109887","name":"Tw0d3MooN","avatar":"https://static.tigerbbs.com/1792a6da317090d0d10ea17a99f1dfa1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581684923109887","authorIdStr":"3581684923109887"},"themes":[],"htmlText":"But prices will still go up in the long term. Diamond Hands Bois. ","listText":"But prices will still go up in the long term. Diamond Hands Bois. ","text":"But prices will still go up in the long term. Diamond Hands Bois.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/102488782","repostId":"1148686352","repostType":4,"repost":{"id":"1148686352","pubTimestamp":1620224535,"share":"https://ttm.financial/m/news/1148686352?lang=&edition=fundamental","pubTime":"2021-05-05 22:22","market":"us","language":"en","title":"This Day In Market History: Panic Of 1893 Crashes Stock Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1148686352","media":"benzinga","summary":"What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the ","content":"<p><b>What Happened?</b>On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time.</p>\n<p><b>Where The Market Was:</b>The Dow finished the day at 30.02.</p>\n<p><b>What Else Was Going On In The World?</b>In 1893, Thomas Edison completed the world’s first movie studio in West Orange, New Jersey. Lizzie Borden was acquitted of the ax murders of her father and stepmother. A fresh, one-pound beef steak cost 10 cents.</p>\n<p><b>Panic Of 1893:</b>On May 5, 1893, the Dow Jones Index dropped more than 24% from 39.90 to 30.02. It would mark the worst intraday sell-off in U.S. history at the time, a record that would stand until 1929.</p>\n<p>The Panic of 1893 was triggered in part by falling gold reserves in the U.S. Treasury. At the time, the U.S. was on the gold standard, meaning U.S. dollars could be redeemed for physical gold. When Treasury gold reserves dropped from $190 million in 1890 to $100 million by 1893, Americans grew concerned that the Treasury might run out of gold and began withdrawing bank notes and converting them to gold, placing extreme strain on the U.S. banking industry and credit markets.</p>\n<p>The May 5 sell-off was triggered in part by the bankruptcy of Nation Cordage the day before.<b>General Electric Company</b>GE 0.34%shares dropped 28% on the day from $80 to $58.</p>\n<p>Fortunately for investors, the Panic of 1893 didn’t last for long. By the end of the day, the market nearly completely recovered its losses. GE, for example, closed the session at $78.50.</p>\n<p>The Panic of 1893 would ravage the U.S. economy, triggering a severe four-year depression. Roughly 14,000 U.S. businesses closed, and unemployment rose to 20%. The event would mark the worst economic downturn in U.S. history until the Great Depression began in 1929.</p>","source":"lsy1606299360108","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>This Day In Market History: Panic Of 1893 Crashes Stock Market</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\">\nThis Day In Market History: Panic Of 1893 Crashes Stock Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 22:22 GMT+8 <a href=https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time.\nWhere The Market Was:The Dow finished the day at 30.02.\nWhat Else Was Going On In The World?In...</p>\n\n<a href=\"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148686352","content_text":"What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time.\nWhere The Market Was:The Dow finished the day at 30.02.\nWhat Else Was Going On In The World?In 1893, Thomas Edison completed the world’s first movie studio in West Orange, New Jersey. Lizzie Borden was acquitted of the ax murders of her father and stepmother. A fresh, one-pound beef steak cost 10 cents.\nPanic Of 1893:On May 5, 1893, the Dow Jones Index dropped more than 24% from 39.90 to 30.02. It would mark the worst intraday sell-off in U.S. history at the time, a record that would stand until 1929.\nThe Panic of 1893 was triggered in part by falling gold reserves in the U.S. Treasury. At the time, the U.S. was on the gold standard, meaning U.S. dollars could be redeemed for physical gold. When Treasury gold reserves dropped from $190 million in 1890 to $100 million by 1893, Americans grew concerned that the Treasury might run out of gold and began withdrawing bank notes and converting them to gold, placing extreme strain on the U.S. banking industry and credit markets.\nThe May 5 sell-off was triggered in part by the bankruptcy of Nation Cordage the day before.General Electric CompanyGE 0.34%shares dropped 28% on the day from $80 to $58.\nFortunately for investors, the Panic of 1893 didn’t last for long. By the end of the day, the market nearly completely recovered its losses. GE, for example, closed the session at $78.50.\nThe Panic of 1893 would ravage the U.S. economy, triggering a severe four-year depression. Roughly 14,000 U.S. businesses closed, and unemployment rose to 20%. The event would mark the worst economic downturn in U.S. history until the Great Depression began in 1929.","news_type":1},"isVote":1,"tweetType":1,"viewCount":361,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":100192628,"gmtCreate":1619586925164,"gmtModify":1704726400633,"author":{"id":"3581684923109887","authorId":"3581684923109887","name":"Tw0d3MooN","avatar":"https://static.tigerbbs.com/1792a6da317090d0d10ea17a99f1dfa1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581684923109887","authorIdStr":"3581684923109887"},"themes":[],"htmlText":"Hope the recovery come soon. ","listText":"Hope the recovery come soon. ","text":"Hope the recovery come soon.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/100192628","repostId":"1117449603","repostType":4,"repost":{"id":"1117449603","pubTimestamp":1619581208,"share":"https://ttm.financial/m/news/1117449603?lang=&edition=fundamental","pubTime":"2021-04-28 11:40","market":"sg","language":"en","title":"Early Tickets for Hong Kong-Singapore Travel Bubble Sold Out","url":"https://stock-news.laohu8.com/highlight/detail?id=1117449603","media":"Bloomberg","summary":"Quarantine-free travel agreement due to begin on May 26\nFlights will be operated by Cathay Pacific a","content":"<ul>\n <li>Quarantine-free travel agreement due to begin on May 26</li>\n <li>Flights will be operated by Cathay Pacific and Singapore Air</li>\n</ul>\n<p>Flights for the initial phase of the Hong Kong-Singapore travel bubble have sold out in both directions, according to the websites of Cathay Pacific Airways Ltd.and Singapore Airlines Ltd.</p>\n<p>The bubble is due to open on May 26, and demand was always going to outstrip supply given there will only be one return flight per day between the two financial hubs, and with capacity limited at 200 travelers.</p>\n<p>There were no departure flights available Wednesday morning on Cathay’s website until June 5. Searches for designated bubble flights with Singapore Airlines yielded nothing until the agreement broadens to the carrier offering daily flights from June 9.</p>\n<p>An economy-class Singapore Airlines ticket for a flight leaving on June 16 and returning from Hong Kong on June 18, for example, is available for $466. Cathay has a basic economy bubble flight from Hong Kong on June 16 and returning on June 18 priced at $380. The Cathay flight leaving Hong Kong on June 5 and returning June 8 costs $902.</p>\n<p>Hong Kong and Singapore announced details of the plan on Monday. Initially due to open last November, the travel bubble was shelved due to a jump in Covid-19 cases in Hong Kong. After a couple of more false starts and months of negotiations, the plan is back on track and will allow people to travel between the cities without having to quarantine. Flights could be suspended if infections rise above five in either city for an extended period.</p>\n<p>The first Cathay flight is slated to leave Hong Kong at 9:10 a.m. on May 26. Singapore Airlines’ departure that day is 8:40 a.m.</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>Early Tickets for Hong Kong-Singapore Travel Bubble Sold Out</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\">\nEarly Tickets for Hong Kong-Singapore Travel Bubble Sold Out\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-28 11:40 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-04-28/early-tickets-for-hong-kong-singapore-travel-bubble-sold-out?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Quarantine-free travel agreement due to begin on May 26\nFlights will be operated by Cathay Pacific and Singapore Air\n\nFlights for the initial phase of the Hong Kong-Singapore travel bubble have sold ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-04-28/early-tickets-for-hong-kong-singapore-travel-bubble-sold-out?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00293":"国泰航空","C6L.SI":"新加坡航空公司"},"source_url":"https://www.bloomberg.com/news/articles/2021-04-28/early-tickets-for-hong-kong-singapore-travel-bubble-sold-out?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117449603","content_text":"Quarantine-free travel agreement due to begin on May 26\nFlights will be operated by Cathay Pacific and Singapore Air\n\nFlights for the initial phase of the Hong Kong-Singapore travel bubble have sold out in both directions, according to the websites of Cathay Pacific Airways Ltd.and Singapore Airlines Ltd.\nThe bubble is due to open on May 26, and demand was always going to outstrip supply given there will only be one return flight per day between the two financial hubs, and with capacity limited at 200 travelers.\nThere were no departure flights available Wednesday morning on Cathay’s website until June 5. Searches for designated bubble flights with Singapore Airlines yielded nothing until the agreement broadens to the carrier offering daily flights from June 9.\nAn economy-class Singapore Airlines ticket for a flight leaving on June 16 and returning from Hong Kong on June 18, for example, is available for $466. Cathay has a basic economy bubble flight from Hong Kong on June 16 and returning on June 18 priced at $380. The Cathay flight leaving Hong Kong on June 5 and returning June 8 costs $902.\nHong Kong and Singapore announced details of the plan on Monday. Initially due to open last November, the travel bubble was shelved due to a jump in Covid-19 cases in Hong Kong. After a couple of more false starts and months of negotiations, the plan is back on track and will allow people to travel between the cities without having to quarantine. Flights could be suspended if infections rise above five in either city for an extended period.\nThe first Cathay flight is slated to leave Hong Kong at 9:10 a.m. on May 26. Singapore Airlines’ departure that day is 8:40 a.m.","news_type":1},"isVote":1,"tweetType":1,"viewCount":371,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375092773,"gmtCreate":1619253443092,"gmtModify":1704721879796,"author":{"id":"3581684923109887","authorId":"3581684923109887","name":"Tw0d3MooN","avatar":"https://static.tigerbbs.com/1792a6da317090d0d10ea17a99f1dfa1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581684923109887","authorIdStr":"3581684923109887"},"themes":[],"htmlText":"I surely hope it does. ","listText":"I surely hope it does. ","text":"I surely hope it does.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/375092773","repostId":"1166519043","repostType":4,"repost":{"id":"1166519043","pubTimestamp":1619192700,"share":"https://ttm.financial/m/news/1166519043?lang=&edition=fundamental","pubTime":"2021-04-23 23:45","market":"us","language":"en","title":"Tesla Stock Split: Will It Happen Again?","url":"https://stock-news.laohu8.com/highlight/detail?id=1166519043","media":"seekingalpha","summary":"Tesla not only has to contend with pure-play EV-makers. It will also face new entrants such as Apple and Chinese smartphone makers Huawei and Xiaomi.More traditional automakers will also be producing electric vehicles. Even if the demand side is plausible, it would mean Tesla needs to build many more factories.However, if analysts are right that Tesla's true potential lies in a future rollout of an autonomous ride-hailing fleet, its share price has much room to head north based on the consensus ","content":"<p><b>Summary</b></p>\n<ul>\n <li>Tesla not only has to contend with pure-play EV-makers. It will also face new entrants such as Apple and Chinese smartphone makers Huawei and Xiaomi.</li>\n <li>More traditional automakers will also be producing electric vehicles. Even if the demand side is plausible, it would mean Tesla needs to build many more factories.</li>\n <li>It's a high chance that a great number of new plants would be in China which carries plenty of geopolitical risks. The headwinds from the uncertainties could suppress TSLA stock.</li>\n <li>However, if analysts are right that Tesla's true potential lies in a future rollout of an autonomous ride-hailing fleet, its share price has much room to head north based on the consensus projections.</li>\n <li>Tesla could consider another stock split to get \"more people in the stock.\" Past experiences suggest the EV titan could do one before the share price hit quadruple-digit again.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/59edf6c2b70d6c984dc825b7567439bc\" tg-width=\"768\" tg-height=\"512\"><span>Photo by Spencer Platt/Getty Images News via Getty Images</span></p>\n<p><b>TSLA stock is poised to rise in line with its business growth</b></p>\n<p>In a recent article titled <i>Who Will Be The Biggest Competitors By 2025</i>, I questioned certain projections regarding Tesla's (TSLA) car sales. Some estimates implied that Tesla would take a lion's share of the EV market despite the rapid increase in the number of competitors.</p>\n<p>By 2025, Tesla not only has to contend with pure-play EV-makers. It will also face new entrants such as Apple Inc. (AAPL) as well as Chinese smartphone giants Huawei and Xiaomi Corporation (OTC:XIACF)(OTCPK:XIACY). More traditional automakers will also be producing electric vehicles, even as they continue to churn out internal combustion engine-based cars.</p>\n<p>Even if the demand side is plausible, it would mean Tesla, Inc. needs to build many more factories. Given the effusive praise we have heard from Elon Musk regarding the speed of factory construction and on China in general, we could expect additional new plants to be cited in the populous country. That could add more geopolitical risks to the stock, as SA author John Engle argued.</p>\n<p>Then again, as many readers on Seeking Alpha, analysts, and Cathie Wood have postulated, Tesla's true potential lies in a future rollout of an autonomous ride-hailing fleet. Consequently, Tesla's revenue is projected to rise from $31.54 billion in 2020 to a whopping $388.52 billion on a consensus basis in 2030. That would bring the price-to-sales ratio to a mere 1.84 times on a forward basis.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fac352f9c2ac9bac0412ed076c27c75a\" tg-width=\"640\" tg-height=\"368\"><span>Source: Seeking Alpha Premium</span></p>\n<p>If Tesla did not disappoint the most bullish of the optimists forecasting its revenue to hit $600.7 billion in 2030, its P/S ratio would drop even lower to 1.19 times! You might say, all that sales are wonderful but what does their profitability look like? Well, the analysts believe TSLA would make boatloads of money. The consensus EPS estimate for 2030 is $33.48, a massive jump from the $0.64 it achieved in 2020. If the 2030 EPS estimate is realized, those earnings at today's price would reflect a ratio of 22.2 times, which could be seen as incredibly low.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7650450aa6230d6585a502b571ee3652\" tg-width=\"640\" tg-height=\"278\"><span>Source: Seeking Alpha Premium</span></p>\n<p>With EV sales projected by industry consultancy Canalys to remain below 50 percent of the total car sales by 2030, there remains significant growth potential for Tesla to increase its revenue. As such, assuming the analysts are correct, the share price of TSLA will not stay at the present level for the P/S ratio to be just 1.84 times and the P/E ratio at 22.2 times, the share price of TSLA would rise further than where it stands today.</p>\n<p><img src=\"https://static.tigerbbs.com/0cd810d4171606b50d186b8d9bf10bf5\" tg-width=\"640\" tg-height=\"479\"></p>\n<p>Tesla stock split history: What was Tesla's stock price before the recent split?</p>\n<p>In other words, Tesla's share price would continue to rise over the next five to ten years. With that in mind, the question is, will TSLA split again? Before discussing that, let's review Tesla's previous split.</p>\n<p>On August 11, 2020, Tesla announced, after the market closed, that its board approved a five-for-one split of shares to \"make stock ownership more accessible to employees and investors.\" This marked Tesla's first-ever split announcement. The stock jumped from a pre-split price of $1374.4 to as high as $1585 the next day before closing at $1554.75. TSLA went on to clock further gains the rest of the month, appreciating over 80 percent by the end of August 2020.</p>\n<p><img src=\"https://static.tigerbbs.com/c1b22a860341fe3bf36996d737680ddb\" tg-width=\"640\" tg-height=\"485\"></p>\n<p><b>How did Tesla's most recent stock split affect share prices?</b></p>\n<p>Interestingly, after the split was affected, Tesla stock lost much of the August gains in just a few trading sessions in early September. The share price decline was speculated by some to be due to shareholders paring their holdings since the split had resulted in them holding more TSLA shares. This seems logical as the purpose of the split was to accord shareholders with greater \"liquidity\" over their TSLA holding.</p>\n<p>However, the weakness in Tesla's share price was more likely attributable to a capital-raising exercise announced pre-market on September 1, 2020. Although only up to $5 billion worth of shares representing just over 1 percent of Tesla's market cap were to be sold, investors were probably looking for a trigger to take profit considering that TSLA was running in overbought territory for more than two weeks, according to the relative strength index [RSI] momentum indicator at that time.</p>\n<p>TSLA's strong run upwards had also led to the stock becoming \"overweight\" on many shareholders' portfolios. Ironically, that meant investors, whether individuals or fund managers had to reduce their Tesla holdings to avoid concentration risk. For funds with concentration guidelines or rules, it's not even a choice but a mandatory reduction exercise once the Tesla position became outsized.</p>\n<p>To make matters worse, Tesla stock was subsequently dragged down further into correction territory amid a sell-off by investors of tech favorites and \"all things frothy.\" The share price recovered some grounds quickly but the stock stagnated for a few months thereafter before a powerful wave of EV hypeswept TSLA up again to new heights.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/085a34d7256fb764f0652d6223057202\" tg-width=\"640\" tg-height=\"267\"><span>Source: Yahoo Finance</span></p>\n<p><b>When will Tesla stock split again?</b></p>\n<p>Although Tesla's share price has pulled back from the peak earlier in the year, it remains much higher than the post-split level last year. At $744.12 at the time of writing, TSLA is 49 percent higher than the $498.32 close on August 31, 2020, the day of the stock split.</p>\n<p>If the past is any reference, Tesla executives did the stock split when the share price was in quadruple-digit. TSLA will need to rise more than 34 percent for that to happen again. As I opined earlier, Tesla stock appears to be poised for further upside. I believe it's more of a question of when, not if, will TSLA hit above $1,000 per share.</p>\n<p>Nevertheless, even in the current investing environment where there are platforms allowing the trading of fractional shares, there are still benefits for stocks with smaller prices. One obvious advantage is the impact on psychology, as the mind interprets low prices as \"cheaply valued\" and having room to head north.</p>\n<p>The leadership at Apple must be thinking the same as the folks at Tesla when the company executed its stock split around the same time as the EV giant last August. The share price appreciation from pre-announcement to post-stock split date was less spectacular compared to Tesla but still a hefty 41 percent.</p>\n<p><img src=\"https://static.tigerbbs.com/46bd0bed00b03ba1d738fd84c9dfb0dc\" tg-width=\"640\" tg-height=\"483\"></p>\n<p>Considering that Apple announced a stock split when the share price was much lower at $384.76, it goes to show there's value in considering a split in the stock even without the share price hitting quadruple-digit. Furthermore, AAPL has done this four times before - in 1987, 2000, 2005, and 2014 - when the share prices were all below $1,000. In 1987 and 2005, the stock was even trading at the sub-$100 level when the company did the split.</p>\n<p>Jim Cramer was quoted as saying during an interview last year that Tim Cook explained the 2020 stock split to him, telling him that he wanted \"more people in the stock.\" I suppose that's what Bill Gates and his team thought when the software giant performed eight stock splits from the listing of Microsoft (MSFT) until 1999 as MSFT climbed exponentially during the period. Elon Musk and Tim Cook are the odd couple but I believe the former would agree on having \"more people\" in TSLA stock.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/44957db620e86907bb72e9691bc726e6\" tg-width=\"640\" tg-height=\"250\"><span>Source: Yahoo Finance</span></p>\n<p><b>Should you buy Tesla now or wait for a split?</b></p>\n<p>Video-streaming leader Netflix (NFLX) announced a seven-for-one stock split in 2015 when its share was around $700 pre-split. NFLX went on to do very well though it's very much due to its business success than a simple cosmetic stock split exercise. The point of bringing this up is that Tesla's share price is around where Netflix's share price was when the split was completed.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f3cbb0c9bd178401bc6cc863a0934af2\" tg-width=\"640\" tg-height=\"271\"><span>Source: Yahoo Finance</span></p>\n<p>Although Amazon.com, Inc. (AMZN) and Alphabet Inc. (GOOGL)(GOOG) are the odd tech companies trading at quadruple-digit levels, most others are trading in the triple-digit or smaller. With the favorable experience from the previous stock split, Tesla might not want to wait for the share price to hit quadruple-digit again before contemplating another split.</p>\n<p>Furthermore, there is existing literature that reveals a strong correlation between stock splits and \"outstanding stock price performance\", giving Tesla the impetus to do so. Another potential trigger point for Elon Musk to announce a stock split could be when TSLA hit $840 per share. He would be able to claim that the company would do a two-for-one split so that the share price becomes $420 post-split.</p>\n<p>Of course, the share price wouldn't stay flat from the announcement date until the effective date. Nonetheless, the media would have gone into overdrive covering the announcement and speculating about the number's link to weed as well as Elon's past brush with the securities law on his previous take-Tesla-private-at-$420 claim. This would generate plenty of free publicity for the company.</p>\n<p>However, investors should not hang around for a stock split if they are intending to own shares in Tesla. It may not happen and the share price could still zoom upwards on speculations, improving sentiment, or due to business fundamentals.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Stock Split: Will It Happen Again?</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 Stock Split: Will It Happen Again?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-23 23:45 GMT+8 <a href=https://seekingalpha.com/article/4420899-tesla-stock-split-will-it-happen-again><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nTesla not only has to contend with pure-play EV-makers. It will also face new entrants such as Apple and Chinese smartphone makers Huawei and Xiaomi.\nMore traditional automakers will also be ...</p>\n\n<a href=\"https://seekingalpha.com/article/4420899-tesla-stock-split-will-it-happen-again\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4420899-tesla-stock-split-will-it-happen-again","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1166519043","content_text":"Summary\n\nTesla not only has to contend with pure-play EV-makers. It will also face new entrants such as Apple and Chinese smartphone makers Huawei and Xiaomi.\nMore traditional automakers will also be producing electric vehicles. Even if the demand side is plausible, it would mean Tesla needs to build many more factories.\nIt's a high chance that a great number of new plants would be in China which carries plenty of geopolitical risks. The headwinds from the uncertainties could suppress TSLA stock.\nHowever, if analysts are right that Tesla's true potential lies in a future rollout of an autonomous ride-hailing fleet, its share price has much room to head north based on the consensus projections.\nTesla could consider another stock split to get \"more people in the stock.\" Past experiences suggest the EV titan could do one before the share price hit quadruple-digit again.\n\nPhoto by Spencer Platt/Getty Images News via Getty Images\nTSLA stock is poised to rise in line with its business growth\nIn a recent article titled Who Will Be The Biggest Competitors By 2025, I questioned certain projections regarding Tesla's (TSLA) car sales. Some estimates implied that Tesla would take a lion's share of the EV market despite the rapid increase in the number of competitors.\nBy 2025, Tesla not only has to contend with pure-play EV-makers. It will also face new entrants such as Apple Inc. (AAPL) as well as Chinese smartphone giants Huawei and Xiaomi Corporation (OTC:XIACF)(OTCPK:XIACY). More traditional automakers will also be producing electric vehicles, even as they continue to churn out internal combustion engine-based cars.\nEven if the demand side is plausible, it would mean Tesla, Inc. needs to build many more factories. Given the effusive praise we have heard from Elon Musk regarding the speed of factory construction and on China in general, we could expect additional new plants to be cited in the populous country. That could add more geopolitical risks to the stock, as SA author John Engle argued.\nThen again, as many readers on Seeking Alpha, analysts, and Cathie Wood have postulated, Tesla's true potential lies in a future rollout of an autonomous ride-hailing fleet. Consequently, Tesla's revenue is projected to rise from $31.54 billion in 2020 to a whopping $388.52 billion on a consensus basis in 2030. That would bring the price-to-sales ratio to a mere 1.84 times on a forward basis.\nSource: Seeking Alpha Premium\nIf Tesla did not disappoint the most bullish of the optimists forecasting its revenue to hit $600.7 billion in 2030, its P/S ratio would drop even lower to 1.19 times! You might say, all that sales are wonderful but what does their profitability look like? Well, the analysts believe TSLA would make boatloads of money. The consensus EPS estimate for 2030 is $33.48, a massive jump from the $0.64 it achieved in 2020. If the 2030 EPS estimate is realized, those earnings at today's price would reflect a ratio of 22.2 times, which could be seen as incredibly low.\nSource: Seeking Alpha Premium\nWith EV sales projected by industry consultancy Canalys to remain below 50 percent of the total car sales by 2030, there remains significant growth potential for Tesla to increase its revenue. As such, assuming the analysts are correct, the share price of TSLA will not stay at the present level for the P/S ratio to be just 1.84 times and the P/E ratio at 22.2 times, the share price of TSLA would rise further than where it stands today.\n\nTesla stock split history: What was Tesla's stock price before the recent split?\nIn other words, Tesla's share price would continue to rise over the next five to ten years. With that in mind, the question is, will TSLA split again? Before discussing that, let's review Tesla's previous split.\nOn August 11, 2020, Tesla announced, after the market closed, that its board approved a five-for-one split of shares to \"make stock ownership more accessible to employees and investors.\" This marked Tesla's first-ever split announcement. The stock jumped from a pre-split price of $1374.4 to as high as $1585 the next day before closing at $1554.75. TSLA went on to clock further gains the rest of the month, appreciating over 80 percent by the end of August 2020.\n\nHow did Tesla's most recent stock split affect share prices?\nInterestingly, after the split was affected, Tesla stock lost much of the August gains in just a few trading sessions in early September. The share price decline was speculated by some to be due to shareholders paring their holdings since the split had resulted in them holding more TSLA shares. This seems logical as the purpose of the split was to accord shareholders with greater \"liquidity\" over their TSLA holding.\nHowever, the weakness in Tesla's share price was more likely attributable to a capital-raising exercise announced pre-market on September 1, 2020. Although only up to $5 billion worth of shares representing just over 1 percent of Tesla's market cap were to be sold, investors were probably looking for a trigger to take profit considering that TSLA was running in overbought territory for more than two weeks, according to the relative strength index [RSI] momentum indicator at that time.\nTSLA's strong run upwards had also led to the stock becoming \"overweight\" on many shareholders' portfolios. Ironically, that meant investors, whether individuals or fund managers had to reduce their Tesla holdings to avoid concentration risk. For funds with concentration guidelines or rules, it's not even a choice but a mandatory reduction exercise once the Tesla position became outsized.\nTo make matters worse, Tesla stock was subsequently dragged down further into correction territory amid a sell-off by investors of tech favorites and \"all things frothy.\" The share price recovered some grounds quickly but the stock stagnated for a few months thereafter before a powerful wave of EV hypeswept TSLA up again to new heights.\nSource: Yahoo Finance\nWhen will Tesla stock split again?\nAlthough Tesla's share price has pulled back from the peak earlier in the year, it remains much higher than the post-split level last year. At $744.12 at the time of writing, TSLA is 49 percent higher than the $498.32 close on August 31, 2020, the day of the stock split.\nIf the past is any reference, Tesla executives did the stock split when the share price was in quadruple-digit. TSLA will need to rise more than 34 percent for that to happen again. As I opined earlier, Tesla stock appears to be poised for further upside. I believe it's more of a question of when, not if, will TSLA hit above $1,000 per share.\nNevertheless, even in the current investing environment where there are platforms allowing the trading of fractional shares, there are still benefits for stocks with smaller prices. One obvious advantage is the impact on psychology, as the mind interprets low prices as \"cheaply valued\" and having room to head north.\nThe leadership at Apple must be thinking the same as the folks at Tesla when the company executed its stock split around the same time as the EV giant last August. The share price appreciation from pre-announcement to post-stock split date was less spectacular compared to Tesla but still a hefty 41 percent.\n\nConsidering that Apple announced a stock split when the share price was much lower at $384.76, it goes to show there's value in considering a split in the stock even without the share price hitting quadruple-digit. Furthermore, AAPL has done this four times before - in 1987, 2000, 2005, and 2014 - when the share prices were all below $1,000. In 1987 and 2005, the stock was even trading at the sub-$100 level when the company did the split.\nJim Cramer was quoted as saying during an interview last year that Tim Cook explained the 2020 stock split to him, telling him that he wanted \"more people in the stock.\" I suppose that's what Bill Gates and his team thought when the software giant performed eight stock splits from the listing of Microsoft (MSFT) until 1999 as MSFT climbed exponentially during the period. Elon Musk and Tim Cook are the odd couple but I believe the former would agree on having \"more people\" in TSLA stock.\nSource: Yahoo Finance\nShould you buy Tesla now or wait for a split?\nVideo-streaming leader Netflix (NFLX) announced a seven-for-one stock split in 2015 when its share was around $700 pre-split. NFLX went on to do very well though it's very much due to its business success than a simple cosmetic stock split exercise. The point of bringing this up is that Tesla's share price is around where Netflix's share price was when the split was completed.\nSource: Yahoo Finance\nAlthough Amazon.com, Inc. (AMZN) and Alphabet Inc. (GOOGL)(GOOG) are the odd tech companies trading at quadruple-digit levels, most others are trading in the triple-digit or smaller. With the favorable experience from the previous stock split, Tesla might not want to wait for the share price to hit quadruple-digit again before contemplating another split.\nFurthermore, there is existing literature that reveals a strong correlation between stock splits and \"outstanding stock price performance\", giving Tesla the impetus to do so. Another potential trigger point for Elon Musk to announce a stock split could be when TSLA hit $840 per share. He would be able to claim that the company would do a two-for-one split so that the share price becomes $420 post-split.\nOf course, the share price wouldn't stay flat from the announcement date until the effective date. Nonetheless, the media would have gone into overdrive covering the announcement and speculating about the number's link to weed as well as Elon's past brush with the securities law on his previous take-Tesla-private-at-$420 claim. This would generate plenty of free publicity for the company.\nHowever, investors should not hang around for a stock split if they are intending to own shares in Tesla. It may not happen and the share price could still zoom upwards on speculations, improving sentiment, or due to business fundamentals.","news_type":1},"isVote":1,"tweetType":1,"viewCount":306,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373810457,"gmtCreate":1618838125679,"gmtModify":1704715613248,"author":{"id":"3581684923109887","authorId":"3581684923109887","name":"Tw0d3MooN","avatar":"https://static.tigerbbs.com/1792a6da317090d0d10ea17a99f1dfa1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581684923109887","authorIdStr":"3581684923109887"},"themes":[],"htmlText":"Time to load it up. ","listText":"Time to load it up. ","text":"Time to load it up.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/373810457","repostId":"2128896977","repostType":4,"repost":{"id":"2128896977","pubTimestamp":1618835100,"share":"https://ttm.financial/m/news/2128896977?lang=&edition=fundamental","pubTime":"2021-04-19 20:25","market":"us","language":"en","title":"Finally, a Bitcoin Correction! What to do about it?","url":"https://stock-news.laohu8.com/highlight/detail?id=2128896977","media":"StreetInsider","summary":"At long last, we may have a Bitcoin correction on our hands. The volatile cryptocurrency suffered a ","content":"<p>At long last, we may have a Bitcoin correction on our hands. The volatile cryptocurrency suffered a quick 10% price plunge over the weekend, reportedly dropping by over $7 billion in transactional value in just over an hour between Saturday and Sunday.</p><p>This could finally provide interested market participants with a window of opportunity as dip buying prepares to enter the equation.</p><p>However, while BTC may be a simple way to play the value being created, equity market investors may actually have an easier time capturing large returns on timing-based strategies given that small companies tied to the theme carry the potential to provide much greater returns if the dip turns out to be yet another scary shakeout on the doorstep to a resumption of trend.</p><p>With that in mind, we take a look at some of the more interesting plays tied to the crypto theme, including: <a href=\"https://laohu8.com/S/MSTR\">MicroStrategy Incorporated</a> (NASDAQ:MSTR), <a href=\"https://laohu8.com/S/OSTK\">Overstock.com</a> Inc (NASDAQ:OSTK), Exxe Group Inc (OTCMKTS:AXXA), and Square Inc (NYSE:SQ).</p><p><b>MicroStrategy Incorporated (NASDAQ:MSTR)</b> is now best known as Michael Saylor’s company, with Saylor being <a href=\"https://laohu8.com/S/AONE\">one</a> of the most fervent bitcoin bulls on the planet, having committed huge portions of the company’s free capital to the digital currency over the past year. That has made MSTR something of a proxy vehicle for BTC in the equity realm.</p><p>The company provides modern analytics on an open, comprehensive enterprise platform used by many of the world’s most admired brands in the Fortune Global 500. Optimized for cloud and on-premises deployments, the platform features HyperIntelligence, a breakthrough technology that overlays actionable enterprise data on popular business applications to help users make smarter, faster decisions.</p><p>MicroStrategy Incorporated (NASDAQ:MSTR) recently announced that it had purchased an additional approximately 19,452 bitcoins for approximately $1.026 billion in cash at an average price of approximately $52,765 per bitcoin, inclusive of fees and expenses. According to the release, as of February 24, 2021, the Company holds an aggregate of approximately 90,531 bitcoins, which were acquired at an aggregate purchase price of approximately $2.171 billion and an average purchase price of approximately $23,985 per bitcoin, inclusive of fees and expenses.</p><p>The Company remains focused on our two corporate strategies of growing our enterprise analytics software business and acquiring and holding bitcoin, said Michael J. Saylor, CEO, MicroStrategy Incorporated. The company now holds over 90,000 bitcoins, reaffirming our belief that bitcoin, as the world’s most widely-adopted cryptocurrency, can serve as a dependable store of value. We will continue to pursue our strategy of acquiring bitcoin with excess cash and we may from time to time, subject to market conditions, issue debt or equity securities in capital raising transactions with the objective of using the proceeds to purchase additional bitcoin.</p><p>Even in light of this news, MSTR has had a rough past week of trading action, with shares sinking something like -2% in that time. That said, chart support is nearby, and we may be in the process of constructing a nice setup for some movement back the other way.</p><p>MicroStrategy Incorporated (NASDAQ:MSTR) generated sales of $131.3M, according to information released in the companys most recent quarterly financial report. That adds up to a sequential quarter-over-quarter growth rate of 3.1% on the top line. In addition, the company is battling some balance sheet hurdles, with cash levels struggling to keep up with current liabilities ($60.8M against $285.6M, respectively).</p><p><b>Overstock.com Inc (NASDAQ:OSTK)</b> bills itself as also-ran an online retailer and technology company based in Salt Lake City, Utah. While its operations in the ecommerce space haven’t set it apart, OSTK has become a mainstay among crypto traders given its partnerships and investments in the space.</p><p>Visited by nearly 40 million customers a month and featuring a marketplace providing customers access to millions of products from third-party sellers, the online shopping site markets and sells furniture, décor, rugs, bedding, home improvement, jewelry, and more.</p><p>Overstock.com Inc (NASDAQ:OSTK) recently announced, via its tZERO segment, a leader in blockchain innovation and liquidity for digital assets, that its subsidiary, tZERO ATS, a FINRA member broker-dealer that operates an alternative trading system (ATS), has signed an agreement with Realio, a technology ecosystem for institutional-grade digital assets.</p><p>According to the release, this partnership will connect Realio’s global network of real estate and private equity issuers, with an existing pipeline of over $300M in assets to be tokenized, to the tZERO ATS, enabling issuers to elect to provide secondary trading for their digital securities. This is subject to tZERO ATS’s due diligence and applicable regulatory requirements.</p><p>And the stock has been acting well over recent days, up something like 4% in that time. OSTK shares have been relatively flat over the past month of action, with very little net movement during that period.</p><p>Overstock.com Inc (NASDAQ:OSTK) managed to rope in revenues totaling $684M in overall sales during the companys most recently reported quarterly financial data a figure that represents a rate of top line growth of 84.4%, as compared to year-ago data in comparable terms. In addition, the company has a strong balance sheet, with cash levels far exceeding current liabilities ($520.9M against $327.6M).</p><p><b>Exxe Group Inc (OTCMKTS:AXXA)</b> is a diversified corporation focusing on acquisitions in real estate, sustainable technology, media, agribusiness, and financial services. Exxe Group is an acquisition-driven company.</p><p>While it is diversified, it has picked up big momentum in the fintech space as an exchange services operator and a focused high frequency arbitrageur through its 1Myle Ltd segment. In this role, 1Myle buys and sells alt currencies, including Bitcoin, taking advantage of price differentials.</p><p>Exxe Group Inc (OTCMKTS:AXXA) recently released financial results for its third fiscal quarter ending December 31, 2020, highlighted by its acquisition of M Meditech GmbH to service the Swiss medical supplies market, the rebranding of Vinza Limited to 1Myle, repositioning 1Myle as a Bitcoin and crypto exchange services operator and a focused high-frequency arbitrageur, and its completion of all 1Myle license amendment and name registration processes with the Exchanges it is working on.</p><p>Eduard Nazmiev, Ph.D., CEO, and President of Exxe Group commented: Exxe Group is pleased to report record total gross revenues of $23.7M and gross revenue per share of $0.048 for the first three Quarters of FY-21. Based on continued strength in the markets in which we operate AXXA is raising its FY-21 annual revenue forecast by 6% from $30.8M to $32.7M.</p><p>AXXA shares are pulling back into a nice support zone near the stock’s 200-day MA and a key level that formed the technical catalyst around its major breakout two months ago. Yet the longer-term strong upward trend remains intact at this point with bullish oscillator readings and a persistent upward slope to long-term averages. We would also note the presence of a potentially crowded short position that could help spur an upward price squeeze.</p><p>Exxe Group Inc (OTCMKTS:AXXA) generated $9,263,526 gross revenues in 3Q2021 surpassing the $8.2M record set in 2Q2021, representing 13% sequential quarterly growth. Compared to the same period last year, 3Q revenue increased 103% from $4,547,502. Net income for the period was $2,390,875 as compared to net income of $147,272 in 3Q2020, an increase of 1,523%.</p><p><b>Square Inc (NYSE:SQ)</b> bills itself as a company that provides payment and point-of-sale solutions in the United States and internationally. The companys commerce ecosystem includes point-of-sale software and hardware that enables sellers to turn mobile and computing devices into payment and point-of-sale solutions.</p><p>SQ made big headlines back in October when it announced that it had purchased approximately 4,709 bitcoins at an aggregate purchase price of $50 million. Bitcoin was trading at just over $10k at the time, and it has already nearly doubled.</p><p>Recently, Square Inc (NYSE:SQ) announced an Early Access Programme in Ireland, offering exclusive access to an integrated suite of tools to seamlessly sell in-person and online. This limited-space programme is now seeking SMEs across Ireland who want access to the only comprehensive solution of its kind.</p><p>Since starting with Square we have been able to unlock big improvements for our business, from e-commerce to payments, said Chris Arnold, owner of Lennox Street Grocer, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the first businesses to beta test Square in Ireland. In addition to their fair, transparent pricing, weve been really impressed with the ability to have fractional quantities in our point of sale, and the increased transaction speed for tap payments – both make it easier for our buyers to check out both in-store and online, so we never miss a sale. Using the lockdown to switch to Square was a smart choice as we look to the future and post-pandemic growth.</p><p>Even with that news, the action hasnt really heated up in the stock, with shares moving net sideways over the past week. Shares of the stock have powered higher over the past month, rallying roughly 7% in that time on strong overall action.</p><p>Square Inc (NYSE:SQ) managed to rope in revenues totaling $3.2B in overall sales during the companys most recently reported quarterly financial data a figure that represents a rate of top line growth of 140.5%, as compared to year-ago data in comparable terms. In addition, the company is battling some balance sheet hurdles, with cash levels struggling to keep up with current liabilities ($3.9B against $4.1B, respectively).</p><p>DISCLAIMER: EDM Media LLC (EDM), is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. EDM is NOT affiliated in any manner with any company mentioned herein. EDM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. EDM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. EDM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed EDM has been compensated five thousand dollars for news coverage of the current press releases issued by Exxe Group Inc (OTCMKTS:AXXA) by a third party.</p><p>EDM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.</p><p>This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and EDM undertakes no obligation to update such statements.</p>","source":"highlight_streetinsider","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>Finally, a Bitcoin Correction! What to do about it?</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\">\nFinally, a Bitcoin Correction! What to do about it?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-19 20:25 GMT+8 <a href=https://www.streetinsider.com/dr/news.php?id=18276044><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>At long last, we may have a Bitcoin correction on our hands. The volatile cryptocurrency suffered a quick 10% price plunge over the weekend, reportedly dropping by over $7 billion in transactional ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18276044\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block","MSTR":"MicroStrategy"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18276044","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2128896977","content_text":"At long last, we may have a Bitcoin correction on our hands. The volatile cryptocurrency suffered a quick 10% price plunge over the weekend, reportedly dropping by over $7 billion in transactional value in just over an hour between Saturday and Sunday.This could finally provide interested market participants with a window of opportunity as dip buying prepares to enter the equation.However, while BTC may be a simple way to play the value being created, equity market investors may actually have an easier time capturing large returns on timing-based strategies given that small companies tied to the theme carry the potential to provide much greater returns if the dip turns out to be yet another scary shakeout on the doorstep to a resumption of trend.With that in mind, we take a look at some of the more interesting plays tied to the crypto theme, including: MicroStrategy Incorporated (NASDAQ:MSTR), Overstock.com Inc (NASDAQ:OSTK), Exxe Group Inc (OTCMKTS:AXXA), and Square Inc (NYSE:SQ).MicroStrategy Incorporated (NASDAQ:MSTR) is now best known as Michael Saylor’s company, with Saylor being one of the most fervent bitcoin bulls on the planet, having committed huge portions of the company’s free capital to the digital currency over the past year. That has made MSTR something of a proxy vehicle for BTC in the equity realm.The company provides modern analytics on an open, comprehensive enterprise platform used by many of the world’s most admired brands in the Fortune Global 500. Optimized for cloud and on-premises deployments, the platform features HyperIntelligence, a breakthrough technology that overlays actionable enterprise data on popular business applications to help users make smarter, faster decisions.MicroStrategy Incorporated (NASDAQ:MSTR) recently announced that it had purchased an additional approximately 19,452 bitcoins for approximately $1.026 billion in cash at an average price of approximately $52,765 per bitcoin, inclusive of fees and expenses. According to the release, as of February 24, 2021, the Company holds an aggregate of approximately 90,531 bitcoins, which were acquired at an aggregate purchase price of approximately $2.171 billion and an average purchase price of approximately $23,985 per bitcoin, inclusive of fees and expenses.The Company remains focused on our two corporate strategies of growing our enterprise analytics software business and acquiring and holding bitcoin, said Michael J. Saylor, CEO, MicroStrategy Incorporated. The company now holds over 90,000 bitcoins, reaffirming our belief that bitcoin, as the world’s most widely-adopted cryptocurrency, can serve as a dependable store of value. We will continue to pursue our strategy of acquiring bitcoin with excess cash and we may from time to time, subject to market conditions, issue debt or equity securities in capital raising transactions with the objective of using the proceeds to purchase additional bitcoin.Even in light of this news, MSTR has had a rough past week of trading action, with shares sinking something like -2% in that time. That said, chart support is nearby, and we may be in the process of constructing a nice setup for some movement back the other way.MicroStrategy Incorporated (NASDAQ:MSTR) generated sales of $131.3M, according to information released in the companys most recent quarterly financial report. That adds up to a sequential quarter-over-quarter growth rate of 3.1% on the top line. In addition, the company is battling some balance sheet hurdles, with cash levels struggling to keep up with current liabilities ($60.8M against $285.6M, respectively).Overstock.com Inc (NASDAQ:OSTK) bills itself as also-ran an online retailer and technology company based in Salt Lake City, Utah. While its operations in the ecommerce space haven’t set it apart, OSTK has become a mainstay among crypto traders given its partnerships and investments in the space.Visited by nearly 40 million customers a month and featuring a marketplace providing customers access to millions of products from third-party sellers, the online shopping site markets and sells furniture, décor, rugs, bedding, home improvement, jewelry, and more.Overstock.com Inc (NASDAQ:OSTK) recently announced, via its tZERO segment, a leader in blockchain innovation and liquidity for digital assets, that its subsidiary, tZERO ATS, a FINRA member broker-dealer that operates an alternative trading system (ATS), has signed an agreement with Realio, a technology ecosystem for institutional-grade digital assets.According to the release, this partnership will connect Realio’s global network of real estate and private equity issuers, with an existing pipeline of over $300M in assets to be tokenized, to the tZERO ATS, enabling issuers to elect to provide secondary trading for their digital securities. This is subject to tZERO ATS’s due diligence and applicable regulatory requirements.And the stock has been acting well over recent days, up something like 4% in that time. OSTK shares have been relatively flat over the past month of action, with very little net movement during that period.Overstock.com Inc (NASDAQ:OSTK) managed to rope in revenues totaling $684M in overall sales during the companys most recently reported quarterly financial data a figure that represents a rate of top line growth of 84.4%, as compared to year-ago data in comparable terms. In addition, the company has a strong balance sheet, with cash levels far exceeding current liabilities ($520.9M against $327.6M).Exxe Group Inc (OTCMKTS:AXXA) is a diversified corporation focusing on acquisitions in real estate, sustainable technology, media, agribusiness, and financial services. Exxe Group is an acquisition-driven company.While it is diversified, it has picked up big momentum in the fintech space as an exchange services operator and a focused high frequency arbitrageur through its 1Myle Ltd segment. In this role, 1Myle buys and sells alt currencies, including Bitcoin, taking advantage of price differentials.Exxe Group Inc (OTCMKTS:AXXA) recently released financial results for its third fiscal quarter ending December 31, 2020, highlighted by its acquisition of M Meditech GmbH to service the Swiss medical supplies market, the rebranding of Vinza Limited to 1Myle, repositioning 1Myle as a Bitcoin and crypto exchange services operator and a focused high-frequency arbitrageur, and its completion of all 1Myle license amendment and name registration processes with the Exchanges it is working on.Eduard Nazmiev, Ph.D., CEO, and President of Exxe Group commented: Exxe Group is pleased to report record total gross revenues of $23.7M and gross revenue per share of $0.048 for the first three Quarters of FY-21. Based on continued strength in the markets in which we operate AXXA is raising its FY-21 annual revenue forecast by 6% from $30.8M to $32.7M.AXXA shares are pulling back into a nice support zone near the stock’s 200-day MA and a key level that formed the technical catalyst around its major breakout two months ago. Yet the longer-term strong upward trend remains intact at this point with bullish oscillator readings and a persistent upward slope to long-term averages. We would also note the presence of a potentially crowded short position that could help spur an upward price squeeze.Exxe Group Inc (OTCMKTS:AXXA) generated $9,263,526 gross revenues in 3Q2021 surpassing the $8.2M record set in 2Q2021, representing 13% sequential quarterly growth. Compared to the same period last year, 3Q revenue increased 103% from $4,547,502. Net income for the period was $2,390,875 as compared to net income of $147,272 in 3Q2020, an increase of 1,523%.Square Inc (NYSE:SQ) bills itself as a company that provides payment and point-of-sale solutions in the United States and internationally. The companys commerce ecosystem includes point-of-sale software and hardware that enables sellers to turn mobile and computing devices into payment and point-of-sale solutions.SQ made big headlines back in October when it announced that it had purchased approximately 4,709 bitcoins at an aggregate purchase price of $50 million. Bitcoin was trading at just over $10k at the time, and it has already nearly doubled.Recently, Square Inc (NYSE:SQ) announced an Early Access Programme in Ireland, offering exclusive access to an integrated suite of tools to seamlessly sell in-person and online. This limited-space programme is now seeking SMEs across Ireland who want access to the only comprehensive solution of its kind.Since starting with Square we have been able to unlock big improvements for our business, from e-commerce to payments, said Chris Arnold, owner of Lennox Street Grocer, one of the first businesses to beta test Square in Ireland. In addition to their fair, transparent pricing, weve been really impressed with the ability to have fractional quantities in our point of sale, and the increased transaction speed for tap payments – both make it easier for our buyers to check out both in-store and online, so we never miss a sale. Using the lockdown to switch to Square was a smart choice as we look to the future and post-pandemic growth.Even with that news, the action hasnt really heated up in the stock, with shares moving net sideways over the past week. Shares of the stock have powered higher over the past month, rallying roughly 7% in that time on strong overall action.Square Inc (NYSE:SQ) managed to rope in revenues totaling $3.2B in overall sales during the companys most recently reported quarterly financial data a figure that represents a rate of top line growth of 140.5%, as compared to year-ago data in comparable terms. In addition, the company is battling some balance sheet hurdles, with cash levels struggling to keep up with current liabilities ($3.9B against $4.1B, respectively).DISCLAIMER: EDM Media LLC (EDM), is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. EDM is NOT affiliated in any manner with any company mentioned herein. EDM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. EDM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. EDM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed EDM has been compensated five thousand dollars for news coverage of the current press releases issued by Exxe Group Inc (OTCMKTS:AXXA) by a third party.EDM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and EDM undertakes no obligation to update such statements.","news_type":1},"isVote":1,"tweetType":1,"viewCount":257,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":376085960,"gmtCreate":1619070215650,"gmtModify":1704719187098,"author":{"id":"3581684923109887","authorId":"3581684923109887","name":"Tw0d3MooN","avatar":"https://static.tigerbbs.com/1792a6da317090d0d10ea17a99f1dfa1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581684923109887","authorIdStr":"3581684923109887"},"themes":[],"htmlText":"Still waiting for the dips? Good luck to the bystanders. [666] ","listText":"Still waiting for the dips? Good luck to the bystanders. [666] ","text":"Still waiting for the dips? Good luck to the bystanders. [666]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/376085960","repostId":"1179114226","repostType":4,"isVote":1,"tweetType":1,"viewCount":528,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373813307,"gmtCreate":1618838194909,"gmtModify":1704715615028,"author":{"id":"3581684923109887","authorId":"3581684923109887","name":"Tw0d3MooN","avatar":"https://static.tigerbbs.com/1792a6da317090d0d10ea17a99f1dfa1","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581684923109887","authorIdStr":"3581684923109887"},"themes":[],"htmlText":"Time to add more positions. ","listText":"Time to add more positions. ","text":"Time to add more positions.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/373813307","repostId":"2128868471","repostType":4,"repost":{"id":"2128868471","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1618759080,"share":"https://ttm.financial/m/news/2128868471?lang=&edition=fundamental","pubTime":"2021-04-18 23:18","market":"hk","language":"en","title":"Coinbase hangover? Here's why bitcoin may be suffering its steepest slide since February","url":"https://stock-news.laohu8.com/highlight/detail?id=2128868471","media":"Dow Jones","summary":"Bitcoin prices are in correction, down nearly 14% from its recent peak on CoinDesk.Bitcoin prices we","content":"<blockquote>Bitcoin prices are in correction, down nearly 14% from its recent peak on CoinDesk.</blockquote><p>Bitcoin prices were sinking into correction territory Sunday, marking the sharpest slide for the digital asset since February, coming on the heels of what has been a remarkable stretch for the crypto industry.</p><p>Bitcoin pricesBTCUSD,1.43%fell at one point Sunday afternoon to $51,907, down around 20% from a recent peak of $64,829.14, according to Coindesk. The decline from the crypto’s apex meets the widely accepted definition of a correction in an asset. By Sunday evening, a single bitcoin was going for $56,620.</p><p><img src=\"https://static.tigerbbs.com/1fb4b00395feffcf6e0b195304220d57\" tg-width=\"663\" tg-height=\"419\"></p><p>However, slides of 10% or better bitcoin are fairly common because the nascent asset is viewed as inherently volatile. The last time crypto skid decisively lower comments from Treasury Secretary Janet Yellen at a New York Times DealBook conference were blamed for the slump.</p><p>This time around, market participants continue to be haunted by the specter of a crack down by the Treasury but are also listing a few other possible causes for bitcoin's correction.</p><p><b>Crypto euphoria</b></p><p>Some industry participants point to a rise in speculative assets like dogecoin as indications that the digital asset market is getting hyped and vulnerable to a retreat. Dogecoin prices had rocketed more than 7,252% year-to-date at their recent peak.</p><p>Galaxy Digital CEO Michael Novogratz says that although he sees bitcoin reaching $100,000 by the end of 2021 and $500,000 by 2024, he believes that the market will be marked by turbulence that he feels is highlighted by frenzied appetite for assets like dogecoin , which was originally created as a parody to bitcoin and is viewed by some as possessing limited utility.</p><p>Novogratz said that the list of crypto platform Coinbase Global listing has fueled \"a lot of frenzy\" .</p><p><b>Crackdown? Or 'FUD'</b></p><p>Others pointed to the dissemination of fear, uncertainty and doubt, or FUD, as the crypto community describes it.</p><p>Bloomberg News reported that further speculation about a crypto crackdown by the U.S. Treasury Department tied to the use of digital assets for money laundering, without specific details, also was weighing on prices.</p><p><b>Coinbase hangover?</b></p><p>Some market participants have suggested that the highly anticipated Coinbase listing on Nasdaq Inc.<a href=\"https://laohu8.com/S/NDAQ\">$(NDAQ)$</a> would prove a new top for the crypto market and put prices under pressure after a precipitous rally in recent days and a fresh record for bitcoin early last week.</p><p>Yves Lamoureux, the president of Montreal-based macroeconomic research firm Lamoureux & Co., told MarketWatch that he was fearful that euphoria surrounding bitcoin and crypto and saw them due for a retrenchment as a result. \"Can you find out there anyone with a bearish viewpoint?\" he asked. \"A resounding no,\" he responded.</p><p>In any case, bitcoin prices remain elevated on the back of growing attention from traditional investors. Several high-profile Wall Street players, including Stanley Druckenmiller and Paul Tudor Jones, have embraced bitcoin. Famed investor Bill Miller, founder of Miller Value Partners, in a letter to clients on the firm's website, that reaffirmed his bullish outlook on bitcoin.</p><p>Bitcoin prices are up around 90% so far this year. By comparison, gold prices, considered a rival to bitcoin, were off over 6% so far in 2021, and more traditional securities were seeing comparatively more pedestrian returns. The Dow Jones Industrial Average and the S&P 500 are up more than 11% in the year to date, while the Nasdaq Composite Index is up 9%.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Coinbase hangover? Here's why bitcoin may be suffering its steepest slide since February</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCoinbase hangover? Here's why bitcoin may be suffering its steepest slide since February\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/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-04-18 23:18</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>Bitcoin prices are in correction, down nearly 14% from its recent peak on CoinDesk.</blockquote><p>Bitcoin prices were sinking into correction territory Sunday, marking the sharpest slide for the digital asset since February, coming on the heels of what has been a remarkable stretch for the crypto industry.</p><p>Bitcoin pricesBTCUSD,1.43%fell at one point Sunday afternoon to $51,907, down around 20% from a recent peak of $64,829.14, according to Coindesk. The decline from the crypto’s apex meets the widely accepted definition of a correction in an asset. By Sunday evening, a single bitcoin was going for $56,620.</p><p><img src=\"https://static.tigerbbs.com/1fb4b00395feffcf6e0b195304220d57\" tg-width=\"663\" tg-height=\"419\"></p><p>However, slides of 10% or better bitcoin are fairly common because the nascent asset is viewed as inherently volatile. The last time crypto skid decisively lower comments from Treasury Secretary Janet Yellen at a New York Times DealBook conference were blamed for the slump.</p><p>This time around, market participants continue to be haunted by the specter of a crack down by the Treasury but are also listing a few other possible causes for bitcoin's correction.</p><p><b>Crypto euphoria</b></p><p>Some industry participants point to a rise in speculative assets like dogecoin as indications that the digital asset market is getting hyped and vulnerable to a retreat. Dogecoin prices had rocketed more than 7,252% year-to-date at their recent peak.</p><p>Galaxy Digital CEO Michael Novogratz says that although he sees bitcoin reaching $100,000 by the end of 2021 and $500,000 by 2024, he believes that the market will be marked by turbulence that he feels is highlighted by frenzied appetite for assets like dogecoin , which was originally created as a parody to bitcoin and is viewed by some as possessing limited utility.</p><p>Novogratz said that the list of crypto platform Coinbase Global listing has fueled \"a lot of frenzy\" .</p><p><b>Crackdown? Or 'FUD'</b></p><p>Others pointed to the dissemination of fear, uncertainty and doubt, or FUD, as the crypto community describes it.</p><p>Bloomberg News reported that further speculation about a crypto crackdown by the U.S. Treasury Department tied to the use of digital assets for money laundering, without specific details, also was weighing on prices.</p><p><b>Coinbase hangover?</b></p><p>Some market participants have suggested that the highly anticipated Coinbase listing on Nasdaq Inc.<a href=\"https://laohu8.com/S/NDAQ\">$(NDAQ)$</a> would prove a new top for the crypto market and put prices under pressure after a precipitous rally in recent days and a fresh record for bitcoin early last week.</p><p>Yves Lamoureux, the president of Montreal-based macroeconomic research firm Lamoureux & Co., told MarketWatch that he was fearful that euphoria surrounding bitcoin and crypto and saw them due for a retrenchment as a result. \"Can you find out there anyone with a bearish viewpoint?\" he asked. \"A resounding no,\" he responded.</p><p>In any case, bitcoin prices remain elevated on the back of growing attention from traditional investors. Several high-profile Wall Street players, including Stanley Druckenmiller and Paul Tudor Jones, have embraced bitcoin. Famed investor Bill Miller, founder of Miller Value Partners, in a letter to clients on the firm's website, that reaffirmed his bullish outlook on bitcoin.</p><p>Bitcoin prices are up around 90% so far this year. By comparison, gold prices, considered a rival to bitcoin, were off over 6% so far in 2021, and more traditional securities were seeing comparatively more pedestrian returns. The Dow Jones Industrial Average and the S&P 500 are up more than 11% in the year to date, while the Nasdaq Composite Index is up 9%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2128868471","content_text":"Bitcoin prices are in correction, down nearly 14% from its recent peak on CoinDesk.Bitcoin prices were sinking into correction territory Sunday, marking the sharpest slide for the digital asset since February, coming on the heels of what has been a remarkable stretch for the crypto industry.Bitcoin pricesBTCUSD,1.43%fell at one point Sunday afternoon to $51,907, down around 20% from a recent peak of $64,829.14, according to Coindesk. The decline from the crypto’s apex meets the widely accepted definition of a correction in an asset. By Sunday evening, a single bitcoin was going for $56,620.However, slides of 10% or better bitcoin are fairly common because the nascent asset is viewed as inherently volatile. The last time crypto skid decisively lower comments from Treasury Secretary Janet Yellen at a New York Times DealBook conference were blamed for the slump.This time around, market participants continue to be haunted by the specter of a crack down by the Treasury but are also listing a few other possible causes for bitcoin's correction.Crypto euphoriaSome industry participants point to a rise in speculative assets like dogecoin as indications that the digital asset market is getting hyped and vulnerable to a retreat. Dogecoin prices had rocketed more than 7,252% year-to-date at their recent peak.Galaxy Digital CEO Michael Novogratz says that although he sees bitcoin reaching $100,000 by the end of 2021 and $500,000 by 2024, he believes that the market will be marked by turbulence that he feels is highlighted by frenzied appetite for assets like dogecoin , which was originally created as a parody to bitcoin and is viewed by some as possessing limited utility.Novogratz said that the list of crypto platform Coinbase Global listing has fueled \"a lot of frenzy\" .Crackdown? Or 'FUD'Others pointed to the dissemination of fear, uncertainty and doubt, or FUD, as the crypto community describes it.Bloomberg News reported that further speculation about a crypto crackdown by the U.S. Treasury Department tied to the use of digital assets for money laundering, without specific details, also was weighing on prices.Coinbase hangover?Some market participants have suggested that the highly anticipated Coinbase listing on Nasdaq Inc.$(NDAQ)$ would prove a new top for the crypto market and put prices under pressure after a precipitous rally in recent days and a fresh record for bitcoin early last week.Yves Lamoureux, the president of Montreal-based macroeconomic research firm Lamoureux & Co., told MarketWatch that he was fearful that euphoria surrounding bitcoin and crypto and saw them due for a retrenchment as a result. \"Can you find out there anyone with a bearish viewpoint?\" he asked. \"A resounding no,\" he responded.In any case, bitcoin prices remain elevated on the back of growing attention from traditional investors. Several high-profile Wall Street players, including Stanley Druckenmiller and Paul Tudor Jones, have embraced bitcoin. Famed investor Bill Miller, founder of Miller Value Partners, in a letter to clients on the firm's website, that reaffirmed his bullish outlook on bitcoin.Bitcoin prices are up around 90% so far this year. By comparison, gold prices, considered a rival to bitcoin, were off over 6% so far in 2021, and more traditional securities were seeing comparatively more pedestrian returns. The Dow Jones Industrial Average and the S&P 500 are up more than 11% in the year to date, while the Nasdaq Composite Index is up 9%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":143,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}