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2021-06-23

Haha

Cramer sells his charity’s Disney position for the first time in 16 years

2021-06-22

Hi

5 Ultra-Popular Stocks Wall Street Views as Overvalued

2021-06-20

Goid

Wall Street Crime And Punishment: The Rise And Fall Of Crazy Eddie

2021-06-20

Good

Sorry, the original content has been removed

2021-06-18

Oh no

Gold regains some ground, but heads for worst week in almost 9 months

2021-06-17

No way

Daimler speeds up shift to electric vehicles, Manager Magazin reports

2021-05-01

Hmmm

Europe's antitrust crackdown on Apple hints at what's coming for the company in the U.S.

2021-04-27

Maybe to buy

Starbucks Stock Reported Mixed Earnings Results, Is It A Buy Right Now?

2021-04-27

Maybe

Starbucks Stock Reported Mixed Earnings Results, Is It A Buy Right Now?

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCramer sells his charity’s Disney position for the first time in 16 years\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 23:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/22/cramer-sells-his-charitys-disney-position-for-the-first-time-in-16-years-.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Jim Cramer’s charitable investment portfolio exited its position inDisneyafter owning the media giant for 16 years.\n“I feel right now its a pandemic play, not a post-pandemic play because of how they ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/22/cramer-sells-his-charitys-disney-position-for-the-first-time-in-16-years-.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIS":"迪士尼"},"source_url":"https://www.cnbc.com/2021/06/22/cramer-sells-his-charitys-disney-position-for-the-first-time-in-16-years-.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1156381928","content_text":"Jim Cramer’s charitable investment portfolio exited its position inDisneyafter owning the media giant for 16 years.\n“I feel right now its a pandemic play, not a post-pandemic play because of how they positioned it. I know that they don’t agree with that, but I don’t need a company that’s a pandemic play because they aren’t working,” Cramer said Tuesday on CNBC’s “Squawk on the Street.”\nThe “Mad Money” host also attributed the sale to how much the stock has risen in roughly a year. Disney’s stock has soared nearly 50% in the past 12 months, emerging a major beneficiary of the Covid-19 pandemic.\n“It’s gone up a lot,” added Cramer.\nOn March 13, 2020 – the day that then-President Donald Trump declared Covid-19 an emergency – Disney’s shares closed at $102.52. That week,Disney announced it would close its parksto stem transmission of the virus.\nCurrently, the stock trades around $172 per share. Shares lost 0.7% on Tuesday.\nDisney capitalized on the nationwide shutdowns during the pandemic by putting resources into its streaming service, Disney+, whichtopped 100 million subscribersjust 16 months after its launch.\n“Even though the company has made a good effort to try to make it so its not a pandemic story, I do feel that when I used to sit here, I used to see ESPN go down and down in terms of number of [subscribers], I think that Disney+ will, the rate of change that its going up will diminish as people want to go out,” said Cramer.\nHe said Disney’s Paris theme park opened last week but the company didn’t make a big enough deal about it.\nCramer added that he thinks Disney should focus more on theme parks, cruises and outdoor attractions instead of its push into its direct-to-consumer streaming service.\n“They’re sending what I regard as first-run movies to Disney +, versus AMC, and I think they should go to AMC. I think that they should say listen ‘we’re the open story and whoever wins the NBA, were going to take them all down, we want them to go to Disney’,” said Cramer.\n“I’ll go back in if they somehow make it clear that its an opening story because it should be the greatest opening story of all time,” he said.\nCramer’s charitable trust, Action Alerts Plus, has invested more than $2.5 million in 30 stocks. The diversified stock list, which Cramer manages with a team of market gurus, is made up of tech names like Apple, software firms like Salesforce, defensive plays such asBoeingand health care names likeAbbott LabsandAbbVie. Disney earned a spot for 16 years, until now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":358,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120321630,"gmtCreate":1624302905720,"gmtModify":1703832928218,"author":{"id":"3582007904253409","authorId":"3582007904253409","name":"bensensei","avatar":"https://static.tigerbbs.com/9947fa6b560026d3b1da78082e094170","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582007904253409","authorIdStr":"3582007904253409"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120321630","repostId":"2145084835","repostType":4,"repost":{"id":"2145084835","kind":"highlight","pubTimestamp":1624280460,"share":"https://ttm.financial/m/news/2145084835?lang=&edition=fundamental","pubTime":"2021-06-21 21:01","market":"us","language":"en","title":"5 Ultra-Popular Stocks Wall Street Views as Overvalued","url":"https://stock-news.laohu8.com/highlight/detail?id=2145084835","media":"Motley Fool","summary":"If analysts are correct, these high-flying stocks will fizzle out over the next year.","content":"<p>Generally speaking, it pays to be bullish on Wall Street. Despite navigating its way through Black Monday in 1987, the dot-com bubble, the Great Recession, and more recently the coronavirus crash, the average annual total return for the benchmark <b>S&amp;P 500</b> since 1980, including dividends, is north of 11%.</p>\n<p>Not surprisingly, we see this optimism readily apparent in Wall Street's ratings on stocks. According to <b>FactSet</b>, more than half of all stocks carry a consensus buy rating, 38% have the equivalent of a hold rating, and just 7% are rated as sells. Yet, history shows that far more than 7% of stocks will eventually head lower.</p>\n<p>Based on Wall Street's consensus price targets, the following five ultra-popular stocks are all expected to lose value over the coming 12 months.</p>\n<p><img src=\"https://static.tigerbbs.com/b04ade705354c4825038c4dfcd0187d9\" tg-width=\"700\" tg-height=\"500\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h3>Palantir Technologies: Implied downside of 12%</h3>\n<p>Since its direct listing in late September 2020, data-mining company <b>Palantir Technologies</b> (NYSE:PLTR) has been a favorite among growth and retail investors. But if Wall Street's <a href=\"https://laohu8.com/S/AONE\">one</a>-year consensus price target proves accurate, Palantir will head in reverse by up to 12%.</p>\n<p>The likeliest reason Wall Street is tempering expectations on Palantir is valuation. Specifically, Palantir ended June 17 with a market cap of nearly $48 billion, but is on track to bring in perhaps $1.5 billion in full-year sales in 2021. That's a multiple of about 32 times sales. Even if Palantir continues to grow its top-line at 30% annually, it could take years for this price-to-sales multiple to come down to anywhere close to the average for cloud stocks.</p>\n<p>Another possible concern is the growth potential for its government-focused Gotham platform. Big government contract wins in the U.S. have been primarily responsible for Palantir's exceptional growth rate. However, there remains an outside chance that President Joe Biden may curb funding to some of the federal agencies that employ Palantir's services.</p>\n<p>Over the long run, I'm optimistic and believe Palantir's platform is unlike anything else available. But tempering near-term expectations given its valuation premium may be warranted.</p>\n<p><img src=\"https://static.tigerbbs.com/a38605bee8e62f3e8aa414fa24278e7e\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h3>Moderna: Implied downside of 11%</h3>\n<p>Biotech stock <b>Moderna</b> (NASDAQ:MRNA) is arguably the biggest beneficiary of the coronavirus disease 2019 (COVID-19) pandemic. It's <a href=\"https://laohu8.com/S/AONE.U\">one</a> of only three drugmakers to currently have their COVID-19 vaccine approved on an emergency-use authorization (EUA) basis in the United States. But if Wall Street's consensus 12-month price target is correct, it's stock is also on its way to a double-digit decline.</p>\n<p>Why the lack of love from Wall Street? The answer looks to be analysts looking to the future. While Moderna's COVID-19 vaccine is a mainstay in the U.S., and it's likely to play a clear role in other markets, time might prove the company's enemy. Over time, new vaccines are expected to come onto the scene, which'll eat away at Moderna's potential pool of patients.</p>\n<p>The other worry is that no one is exactly certain how long COVID-19 vaccine immunity will last. If it's a year, Moderna is unlikely to be the only drugmaker supplying booster shots. Meanwhile, if it's longer than a year, it means reduced sales opportunities for the company.</p>\n<p>Based solely on Wall Street's earnings per share consensus in 2021 and 2022, Moderna appears reasonably priced. But with the company staring down a potentially significant haircut in revenue next year as new drugmakers enter the space, caution is advised.</p>\n<p><img src=\"https://static.tigerbbs.com/07841e6a8173146a0fbfddf95a0f1ccb\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h3>GameStop: Implied downside of 71%</h3>\n<p>This will probably come as a shock to no one, but Reddit favorite <b>GameStop</b> (NYSE:GME) is fully expected to fall flat on its face. Even though Wall Street's consensus price target for the company has quintupled in recent months, it <i>still</i> implies up to 71% downside over the next year.</p>\n<p>The biggest issue for GameStop is that its valuation has completely detached from its underlying fundamentals. While it's not uncommon for stocks to trade on emotion for short periods of time, operating performance is what always dictates the long-term movement in the share price of a stock. When it comes to operating performance, GameStop has been a dud.</p>\n<p>Although the company's first-quarter fiscal results highlighted a 25% net sales increase from the prior-year period, total sales for the company have been falling precipitously for years. That's because video game retailer GameStop recognized the shift to digital gaming too late, and it's now stuck with its massive portfolio of brick-and-mortar gaming stores. Even though e-commerce sales have been a bright spot for the company, slashing costs and closing stores remains its No. 1 priority.</p>\n<p>With sufficient cash, bankruptcy isn't a concern for GameStop. But without any true top-line growth and the company still losing money, it's an impossible sell at its current price tag.</p>\n<p><img src=\"https://static.tigerbbs.com/c7ff785aa0040a5565d474390f58b47a\" tg-width=\"700\" tg-height=\"457\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h3>Ocugen: Implied downside of 18%</h3>\n<p>Volatile clinical-stage biotech stock <b>Ocugen</b> (NASDAQ:OCGN) may also be in for an unpleasant next 12 months. The company behind an experimental COVID-19 vaccine (Covaxin) and a trio of internally developed eye-blindness candidates is expected to shed 18% of its value, if Wall Street's consensus price target is correct.</p>\n<p>Arguably the biggest issue for Ocugen is the clinical update the company issued on June 10 concerning Covaxin. Even though partner Bharat Biotech led a large clinical study in India that yielded an overall efficacy of 78%, along with 100% efficacy in preventing severe forms of COVID-19, Ocugen announced on June 10 that it would forgo seeking an EUA in the U.S. and would instead file for a biologics license application. In other words, Ocugen's path to a quick emergency approval in the U.S. just flew out the window.</p>\n<p>What's more, the U.S. Food and Drug Administration's requested additional information and data on Covaxin. This is a fancy of saying that Ocugen will very likely have to run a clinical study in the U.S. prior to submitting Covaxin for approval. That means added costs and an even longer wait before Ocugen has a chance to penetrate the lucrative U.S. market.</p>\n<p>Though it's impossible to predict how long COVID-19 vaccine immunity will last, Ocugen's chances of being a significant player in the U.S. COVID-19 vaccine space are dwindling.</p>\n<p><img src=\"https://static.tigerbbs.com/91f6037829ea3fb0ae1cae0b95d8d11e\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h3>NVIDIA: Implied downside of 3%</h3>\n<p>Don't adjust your computer, laptop, or smartphone screens -- that really says <b>NVIDIA</b> (NASDAQ:NVDA). Following its incredible run higher (NVIDIA has doubled over the past year), graphics processing unit giant NVIDIA closed 3% above Wall Street's consensus price target, as of June 17.</p>\n<p>One reason for tempered expectations at this point has to be valuation. Even with NVIDIA crushing expectations and seeing strong PC gaming demand, sales growth is expected to slow from an estimated 49% in fiscal 2022 to a high single digit percentage in each of the next two fiscal years. In fact, the company closed at nearly 20 times projected sales for the current fiscal year. That's a bit optimistic given an expected sales growth slowdown.</p>\n<p>Perhaps the other reason Wall Street expects NVIDIA to go sideways is the company's cryptocurrency mining chip segment. While sales of crypto chips could hit $400 million in the current quarter, demand is entirely dependent on the hype surrounding digital currencies and the favorability of technical charts. Crypto is just as well known for its long bear markets as it is for the big gains it's delivered over the past decade. If another lull strikes, a fast-growing ancillary segment for NVIDA could easily become a drag.</p>\n<p>For what it's worth, I see no fundamental reasons to sell NVIDIA if you're already a long-term shareholder. But if you're on the outside looking in, I don't exactly see $746 as an attractive entry point, either.</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>5 Ultra-Popular Stocks Wall Street Views as Overvalued</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\">\n5 Ultra-Popular Stocks Wall Street Views as Overvalued\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 21:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/21/5-ultra-popular-stocks-wall-street-view-overvalued/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Generally speaking, it pays to be bullish on Wall Street. Despite navigating its way through Black Monday in 1987, the dot-com bubble, the Great Recession, and more recently the coronavirus crash, the...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/21/5-ultra-popular-stocks-wall-street-view-overvalued/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达","OCGN":"Ocugen","GME":"游戏驿站","MRNA":"Moderna, Inc.","PLTR":"Palantir Technologies Inc."},"source_url":"https://www.fool.com/investing/2021/06/21/5-ultra-popular-stocks-wall-street-view-overvalued/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145084835","content_text":"Generally speaking, it pays to be bullish on Wall Street. Despite navigating its way through Black Monday in 1987, the dot-com bubble, the Great Recession, and more recently the coronavirus crash, the average annual total return for the benchmark S&P 500 since 1980, including dividends, is north of 11%.\nNot surprisingly, we see this optimism readily apparent in Wall Street's ratings on stocks. According to FactSet, more than half of all stocks carry a consensus buy rating, 38% have the equivalent of a hold rating, and just 7% are rated as sells. Yet, history shows that far more than 7% of stocks will eventually head lower.\nBased on Wall Street's consensus price targets, the following five ultra-popular stocks are all expected to lose value over the coming 12 months.\n\nImage source: Getty Images.\nPalantir Technologies: Implied downside of 12%\nSince its direct listing in late September 2020, data-mining company Palantir Technologies (NYSE:PLTR) has been a favorite among growth and retail investors. But if Wall Street's one-year consensus price target proves accurate, Palantir will head in reverse by up to 12%.\nThe likeliest reason Wall Street is tempering expectations on Palantir is valuation. Specifically, Palantir ended June 17 with a market cap of nearly $48 billion, but is on track to bring in perhaps $1.5 billion in full-year sales in 2021. That's a multiple of about 32 times sales. Even if Palantir continues to grow its top-line at 30% annually, it could take years for this price-to-sales multiple to come down to anywhere close to the average for cloud stocks.\nAnother possible concern is the growth potential for its government-focused Gotham platform. Big government contract wins in the U.S. have been primarily responsible for Palantir's exceptional growth rate. However, there remains an outside chance that President Joe Biden may curb funding to some of the federal agencies that employ Palantir's services.\nOver the long run, I'm optimistic and believe Palantir's platform is unlike anything else available. But tempering near-term expectations given its valuation premium may be warranted.\n\nImage source: Getty Images.\nModerna: Implied downside of 11%\nBiotech stock Moderna (NASDAQ:MRNA) is arguably the biggest beneficiary of the coronavirus disease 2019 (COVID-19) pandemic. It's one of only three drugmakers to currently have their COVID-19 vaccine approved on an emergency-use authorization (EUA) basis in the United States. But if Wall Street's consensus 12-month price target is correct, it's stock is also on its way to a double-digit decline.\nWhy the lack of love from Wall Street? The answer looks to be analysts looking to the future. While Moderna's COVID-19 vaccine is a mainstay in the U.S., and it's likely to play a clear role in other markets, time might prove the company's enemy. Over time, new vaccines are expected to come onto the scene, which'll eat away at Moderna's potential pool of patients.\nThe other worry is that no one is exactly certain how long COVID-19 vaccine immunity will last. If it's a year, Moderna is unlikely to be the only drugmaker supplying booster shots. Meanwhile, if it's longer than a year, it means reduced sales opportunities for the company.\nBased solely on Wall Street's earnings per share consensus in 2021 and 2022, Moderna appears reasonably priced. But with the company staring down a potentially significant haircut in revenue next year as new drugmakers enter the space, caution is advised.\n\nImage source: Getty Images.\nGameStop: Implied downside of 71%\nThis will probably come as a shock to no one, but Reddit favorite GameStop (NYSE:GME) is fully expected to fall flat on its face. Even though Wall Street's consensus price target for the company has quintupled in recent months, it still implies up to 71% downside over the next year.\nThe biggest issue for GameStop is that its valuation has completely detached from its underlying fundamentals. While it's not uncommon for stocks to trade on emotion for short periods of time, operating performance is what always dictates the long-term movement in the share price of a stock. When it comes to operating performance, GameStop has been a dud.\nAlthough the company's first-quarter fiscal results highlighted a 25% net sales increase from the prior-year period, total sales for the company have been falling precipitously for years. That's because video game retailer GameStop recognized the shift to digital gaming too late, and it's now stuck with its massive portfolio of brick-and-mortar gaming stores. Even though e-commerce sales have been a bright spot for the company, slashing costs and closing stores remains its No. 1 priority.\nWith sufficient cash, bankruptcy isn't a concern for GameStop. But without any true top-line growth and the company still losing money, it's an impossible sell at its current price tag.\n\nImage source: Getty Images.\nOcugen: Implied downside of 18%\nVolatile clinical-stage biotech stock Ocugen (NASDAQ:OCGN) may also be in for an unpleasant next 12 months. The company behind an experimental COVID-19 vaccine (Covaxin) and a trio of internally developed eye-blindness candidates is expected to shed 18% of its value, if Wall Street's consensus price target is correct.\nArguably the biggest issue for Ocugen is the clinical update the company issued on June 10 concerning Covaxin. Even though partner Bharat Biotech led a large clinical study in India that yielded an overall efficacy of 78%, along with 100% efficacy in preventing severe forms of COVID-19, Ocugen announced on June 10 that it would forgo seeking an EUA in the U.S. and would instead file for a biologics license application. In other words, Ocugen's path to a quick emergency approval in the U.S. just flew out the window.\nWhat's more, the U.S. Food and Drug Administration's requested additional information and data on Covaxin. This is a fancy of saying that Ocugen will very likely have to run a clinical study in the U.S. prior to submitting Covaxin for approval. That means added costs and an even longer wait before Ocugen has a chance to penetrate the lucrative U.S. market.\nThough it's impossible to predict how long COVID-19 vaccine immunity will last, Ocugen's chances of being a significant player in the U.S. COVID-19 vaccine space are dwindling.\n\nImage source: Getty Images.\nNVIDIA: Implied downside of 3%\nDon't adjust your computer, laptop, or smartphone screens -- that really says NVIDIA (NASDAQ:NVDA). Following its incredible run higher (NVIDIA has doubled over the past year), graphics processing unit giant NVIDIA closed 3% above Wall Street's consensus price target, as of June 17.\nOne reason for tempered expectations at this point has to be valuation. Even with NVIDIA crushing expectations and seeing strong PC gaming demand, sales growth is expected to slow from an estimated 49% in fiscal 2022 to a high single digit percentage in each of the next two fiscal years. In fact, the company closed at nearly 20 times projected sales for the current fiscal year. That's a bit optimistic given an expected sales growth slowdown.\nPerhaps the other reason Wall Street expects NVIDIA to go sideways is the company's cryptocurrency mining chip segment. While sales of crypto chips could hit $400 million in the current quarter, demand is entirely dependent on the hype surrounding digital currencies and the favorability of technical charts. Crypto is just as well known for its long bear markets as it is for the big gains it's delivered over the past decade. If another lull strikes, a fast-growing ancillary segment for NVIDA could easily become a drag.\nFor what it's worth, I see no fundamental reasons to sell NVIDIA if you're already a long-term shareholder. But if you're on the outside looking in, I don't exactly see $746 as an attractive entry point, either.","news_type":1},"isVote":1,"tweetType":1,"viewCount":283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164650659,"gmtCreate":1624202533871,"gmtModify":1703830572980,"author":{"id":"3582007904253409","authorId":"3582007904253409","name":"bensensei","avatar":"https://static.tigerbbs.com/9947fa6b560026d3b1da78082e094170","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582007904253409","authorIdStr":"3582007904253409"},"themes":[],"htmlText":"Goid","listText":"Goid","text":"Goid","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164650659","repostId":"1161408410","repostType":4,"repost":{"id":"1161408410","kind":"news","pubTimestamp":1624065771,"share":"https://ttm.financial/m/news/1161408410?lang=&edition=fundamental","pubTime":"2021-06-19 09:22","market":"us","language":"en","title":"Wall Street Crime And Punishment: The Rise And Fall Of Crazy Eddie","url":"https://stock-news.laohu8.com/highlight/detail?id=1161408410","media":"benzinga","summary":"Wall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicling the bankers,","content":"<p><i>Wall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicling the bankers, brokers and financial ne’er-do-wells whose ambition and greed take them in the wrong direction.</i></p>\n<p>If you were living in the New York metropolitan area during the 1970s and 1980s, you probably remember the commercials for the Crazy Eddie electronics retail chain. They were impossible to miss:&nbsp;More than 7,500 spots featuring a frenetic, motor-mouthed spokesperson bombilating frenetically about the “in-saaaaaaaaane” discounts offered by the store.</p>\n<p>Crazy Eddie was never the biggest retail operation in the region. At its peak, there were only 43 locations spread across four states.</p>\n<p>But the ubiquity of the commercials made it seem more prominent than it actually was, and the excess attention eventually brought harsh spotlights on the financial chicanery perpetrated by its chief executive,<b>Eddie Antar.</b></p>\n<p><b>An Audacious Start:</b>Eddie Antar was born in Brooklyn, New York,&nbsp;on Dec. 18, 1947, the grandson of Syrian Jewish immigrants. Antar was an intelligent youth but found school boring, dropping out at 16 to work odd jobs before setting up a small stand at New York’s Port Authority in the heart of Manhattan where he sold portable televisions. While Antar belatedly realized he had the wrong product line in the wrong location, he used the experience to sharpen his sales skills.</p>\n<p>By 1969, Antar saved up enough money to go into business with his father Sam and cousin named Ronnie Gindi, creating a retail operation called ERS Electronics. They opened an electronics store in the Kings Highway business shopping district in Brooklyn called Sights and Sounds.</p>\n<p>At the time, small and independently-owned electronics retailers operated at a significant disadvantage against major chains due to the fair trade laws of the era that enabled manufacturers to establish a single standard retail price&nbsp;all retailers needed to list. To stand out from the competition, Antar challenged the laws by marking down his merchandise, thus offering a discount absent elsewhere in this retail sector.</p>\n<p>Some manufacturers got wise to this and refused to do business with Antar, but he circumvented their boycott by purchasing excess stock from other businesses and obtaining products through grey-market channels from overseas sources.</p>\n<p>The stress was great and Gindi eventually lost interest in the enterprise, selling his one-third of the business to Antar.</p>\n<p>But how could the store remain afloat financially through its seemingly reckless discounting? As Antar’s father Sam would later recall in an interview, the lo-fi nature of old-school retailing work&nbsp;enabled them to put their ethics on hold.</p>\n<p>“Back then, most customers paid in cash,” he said. “If we don’t disclose the sale, we keep the sales tax. That’s a good cushion to be able to afford to beat the competition.”</p>\n<p>Sights and Sounds began to attract bargain hunters from outside of Brooklyn and Antar turned into something of a one-man, in-store comedy show, going so far as taking the shoes of cash-strapped customers who wanted to buy stereos for deposits and jokingly preventing shoppers from leaving unless they made a purchase.</p>\n<p>Antar’s shtick was so amusing that his first wife Deborah came home one evening in 1971 with a story about how one of her co-workers was talking about his shopping trip to Sights and Sounds.</p>\n<p>The co-worker, who was unaware of Deborah’s connection to the store, talked happily about dealing with a salesperson that he dubbed “Crazy Eddie.” At that point, Antar decided to change the name of Sights and Sounds to Crazy Eddie.</p>\n<p><b>An Advertising Assault:</b>The fair trade law that initially stifled Antar and other smaller businesses was repealed in 1972. Antar’s aggressive discounting and colorful personality enabled him to prepare for a business expansion —&nbsp;he moved to a larger store on Kings Highway, then opened a location in the Long Island town of Syosset in 1973 and in the heart of Manhattan in 1975.</p>\n<p>Antar recognized how his larger competitors used advertising to their advantage, and in 1972 he began marketing his business over the airwaves via WPIX-FM, a popular music station that mixed rock oldies with current Top 40 hits. Antar created an ad copy script that would be read live on the air by Jerry Carroll, one of the station’s disk jockeys. But Carroll decided to improvise, reading the copy in a mock-frenzied manner and creating a new closing line with “Crazy Eddie —&nbsp;his prices are in-saaaaaaaaane.”</p>\n<p>Rather than be upset by the deviation to the script, Antar was ecstatic with Carroll’s flippant approach as&nbsp;his delivery stood out wildly from the other advertising running on the station. Antar contracted Carroll to be his on-air pitchman for radio, and in 1975 Carroll was brought in front of the cameras for a television campaign.</p>\n<p>It was through the television commercials&nbsp;Crazy Eddie became the center of consumer attention. For the next 10 years, the commercials offered endless variations on the same set-up: Carroll wore the same outfit — a dark blazer and a turtleneck sweater —&nbsp;and stood surrounded by displays of the electronics being peddled.</p>\n<p>Each commercial ran about 30 seconds, but Carroll spoke so rapidly that it seemed he was trying to cover 60 seconds of a script in half of his allotted time.</p>\n<p>Carroll’s physical delivery was comically spastic, with flailing arms, bulging eyes and the most manic smile this side of the Joker.</p>\n<p>He would inevitably challenge shoppers to “shop around, get the best prices you can find, then bring ’em to Crazy Eddie and he’ll beat ’em.” And each commercial ended with Carroll stretching his arms out while proclaiming, “Crazy Eddie —&nbsp;his prices are in-saaaaaaaaane.”</p>\n<p>There would be a few variations to the presentation, including a Christmas season ad campaign and a “Christmas in August” summertime effort with Carroll dressed in a Santa suit while being pelted with Styrofoam snowballs and papery snowflakes.</p>\n<p>A couple of movie spoof spots put Carroll in parodies of “Casablanca,” “Saturday Night Fever,” “Superman” and “10,” and one ad had a man in a gorilla suit grunting dialogue while subtitles offered simian-to-English translations.</p>\n<p><b>Not So Funny:</b>After the commercials came on in full force, Crazy Eddie generated $350 million in annual revenue during its prime years.</p>\n<p>But as Crazy Eddie grew, Antar’s approach to business became more problematic: cash payments were not recorded, the sales tax was pocketed and employees received off-the-books pay rather than paychecks that clearly deducted federal and state taxes.</p>\n<p>Antar helped finance his cousin Sam Antar’s college education and brought him on as a chief financial officer, but Sam would later recall this was not done out of love of family.</p>\n<p>“The whole purpose of the business was to commit premeditated fraud,” Sam recounted in an interview with MentalFloss.com. “My family put me through college to help them commit more sophisticated fraud in the future. I was trained to be a criminal.</p>\n<p>\"People have a certain idea of Crazy Eddie —&nbsp;in reality, it was a dark criminal enterprise.”</p>\n<p>Antar initially kept his ill-gotten gains hidden within his home, but later began sending the money far into the world. Offshore bank accounts in Canada, Gibraltar, Israel, Liberia, Luxembourg, Panama and Switzerland were set up, and by the early 1980s, Antar and his family were skimming upwards of $4 million annually in unreported income and unpaid taxes.</p>\n<p>Eventually, the graft became too big to easily hide. The solution, Antar theorized, was not to hide but to be in the greatest spotlight imaginable:&nbsp;Antar decided to take Crazy Eddie public.</p>\n<p><b>Hello, Wall Street:</b>Crazy Eddie conducted its initial public offering on Sept. 13, 1984, taking the NASDAQ symbol CRZY. The popularity of the television commercials helped bring in the initial wave of investor interest, while gourmet-level cooked books gave the phony impression of a well-run retail operation.</p>\n<p>Two years after first trading at $8 a share, Crazy Eddie stock was at a split-adjusted $75 per share.</p>\n<p>Why Antar believed he could continue with his shenanigans amid the added scrutiny given to public companies is a mystery, but by 1987 he found himself in lethal shoals.</p>\n<p>The increased retail competition saw Crazy Eddie’s sales decline, resulting in a tumbling stock price.</p>\n<p>Antar announced his resignation in December 1986, but four months later he shocked shareholders by revealing he never stepped down —&nbsp;and&nbsp;while still at the helm, he sold off his shares in the company, gaining about $30 million in the transaction.</p>\n<p>The company had begun planning to go private when an outside investor group successfully agitated to take over what they believed to be a struggling but respectable company. But when their auditors came in, they were flabbergasted to find grossly exaggerated inventories of up to $28 million, $20 million in phony debit memos to vendors and sales reports that were closer to fiction than accountancy.</p>\n<p>The chain went bankrupt in 1989 and was forced to shut down its retail network. Federal and state investigations overwhelmed what remained of the Crazy Eddie and Antar was hit with an endless flurry of lawsuits.</p>\n<p>\"By any measure, this is a staggering securities fraud,\" said<b>Michael Chertoff</b>, the U.S. Attorney for New Jersey, who accused the Antars of creating \"a giant bubble\" rather than a successful business.</p>\n<p>By 1990, Antar disappeared after failing to appear at a court hearing. He obtained a phony U.S. passport issued to “Harry Page Shalom” and left the country. After a two-year global search, he was located in 1992 in a Tel Aviv suburb living under the name Alexander Stewart.</p>\n<p>Antar was brought back to the U.S. to find his cousin Sam Antar had taken a plea deal with federal prosecutors and agreed to testify against him in court.</p>\n<p>“There’s no better motivator than a 20-year prison term,” Sam Antar stated. “I didn’t cooperate because I found God. I cooperated to save my ass.”</p>\n<p>In July 2013, Antar was found guilty of 17 counts of fraud and sentenced to 12½ years in prison. Two years later, his verdicts were overturned on appeal.</p>\n<p>Rather than face the stress of another trial, Antar pleaded guilty to federal fraud charges in May 1996 and was sentenced in 1997 to eight years in prison.</p>\n<p><b>The Legend Lives On:</b>Antar was released after four years in prison and federal law enforcement officials managed to find more than $120 million from his offshore bank accounts, which was repaid to investors.</p>\n<p>Several attempts occurred over the subsequent years to revive the Crazy Eddie brand, first as a brick-and-mortar retailer and then as an e-commerce venture, but all of these efforts failed.</p>\n<p>In June 2019,<b>Jon Turteltaub</b>, the director of the “National Treasure” film franchise, announced plans to make a biopic about Antar. But that project has yet to come to life.</p>\n<p>Many of the Crazy Eddie commercials can be found on YouTube, and marketing experts consider them to be among the most imaginative and successful examples of television advertising.</p>\n<p>Antar stayed out of the public light after leaving prison and died of complications from liver cancer on Sept. 10, 2016. He never publicly spoke about his past, although in a brief late-life exchange with a Newark Star-Ledger reporter he acknowledged the unique impact he had on retailing.</p>\n<p>“Everybody knows Crazy Eddie,” he said. “What can I tell you? I changed the business. I changed the whole business.”</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>Wall Street Crime And Punishment: The Rise And Fall Of Crazy Eddie</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\">\nWall Street Crime And Punishment: The Rise And Fall Of Crazy Eddie\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-19 09:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/21/06/21596990/wall-street-crime-and-punishment-the-rise-and-fall-of-crazy-eddie><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicling the bankers, brokers and financial ne’er-do-wells whose ambition and greed take them in the wrong direction.\nIf ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/06/21596990/wall-street-crime-and-punishment-the-rise-and-fall-of-crazy-eddie\">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/news/21/06/21596990/wall-street-crime-and-punishment-the-rise-and-fall-of-crazy-eddie","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161408410","content_text":"Wall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicling the bankers, brokers and financial ne’er-do-wells whose ambition and greed take them in the wrong direction.\nIf you were living in the New York metropolitan area during the 1970s and 1980s, you probably remember the commercials for the Crazy Eddie electronics retail chain. They were impossible to miss: More than 7,500 spots featuring a frenetic, motor-mouthed spokesperson bombilating frenetically about the “in-saaaaaaaaane” discounts offered by the store.\nCrazy Eddie was never the biggest retail operation in the region. At its peak, there were only 43 locations spread across four states.\nBut the ubiquity of the commercials made it seem more prominent than it actually was, and the excess attention eventually brought harsh spotlights on the financial chicanery perpetrated by its chief executive,Eddie Antar.\nAn Audacious Start:Eddie Antar was born in Brooklyn, New York, on Dec. 18, 1947, the grandson of Syrian Jewish immigrants. Antar was an intelligent youth but found school boring, dropping out at 16 to work odd jobs before setting up a small stand at New York’s Port Authority in the heart of Manhattan where he sold portable televisions. While Antar belatedly realized he had the wrong product line in the wrong location, he used the experience to sharpen his sales skills.\nBy 1969, Antar saved up enough money to go into business with his father Sam and cousin named Ronnie Gindi, creating a retail operation called ERS Electronics. They opened an electronics store in the Kings Highway business shopping district in Brooklyn called Sights and Sounds.\nAt the time, small and independently-owned electronics retailers operated at a significant disadvantage against major chains due to the fair trade laws of the era that enabled manufacturers to establish a single standard retail price all retailers needed to list. To stand out from the competition, Antar challenged the laws by marking down his merchandise, thus offering a discount absent elsewhere in this retail sector.\nSome manufacturers got wise to this and refused to do business with Antar, but he circumvented their boycott by purchasing excess stock from other businesses and obtaining products through grey-market channels from overseas sources.\nThe stress was great and Gindi eventually lost interest in the enterprise, selling his one-third of the business to Antar.\nBut how could the store remain afloat financially through its seemingly reckless discounting? As Antar’s father Sam would later recall in an interview, the lo-fi nature of old-school retailing work enabled them to put their ethics on hold.\n“Back then, most customers paid in cash,” he said. “If we don’t disclose the sale, we keep the sales tax. That’s a good cushion to be able to afford to beat the competition.”\nSights and Sounds began to attract bargain hunters from outside of Brooklyn and Antar turned into something of a one-man, in-store comedy show, going so far as taking the shoes of cash-strapped customers who wanted to buy stereos for deposits and jokingly preventing shoppers from leaving unless they made a purchase.\nAntar’s shtick was so amusing that his first wife Deborah came home one evening in 1971 with a story about how one of her co-workers was talking about his shopping trip to Sights and Sounds.\nThe co-worker, who was unaware of Deborah’s connection to the store, talked happily about dealing with a salesperson that he dubbed “Crazy Eddie.” At that point, Antar decided to change the name of Sights and Sounds to Crazy Eddie.\nAn Advertising Assault:The fair trade law that initially stifled Antar and other smaller businesses was repealed in 1972. Antar’s aggressive discounting and colorful personality enabled him to prepare for a business expansion — he moved to a larger store on Kings Highway, then opened a location in the Long Island town of Syosset in 1973 and in the heart of Manhattan in 1975.\nAntar recognized how his larger competitors used advertising to their advantage, and in 1972 he began marketing his business over the airwaves via WPIX-FM, a popular music station that mixed rock oldies with current Top 40 hits. Antar created an ad copy script that would be read live on the air by Jerry Carroll, one of the station’s disk jockeys. But Carroll decided to improvise, reading the copy in a mock-frenzied manner and creating a new closing line with “Crazy Eddie — his prices are in-saaaaaaaaane.”\nRather than be upset by the deviation to the script, Antar was ecstatic with Carroll’s flippant approach as his delivery stood out wildly from the other advertising running on the station. Antar contracted Carroll to be his on-air pitchman for radio, and in 1975 Carroll was brought in front of the cameras for a television campaign.\nIt was through the television commercials Crazy Eddie became the center of consumer attention. For the next 10 years, the commercials offered endless variations on the same set-up: Carroll wore the same outfit — a dark blazer and a turtleneck sweater — and stood surrounded by displays of the electronics being peddled.\nEach commercial ran about 30 seconds, but Carroll spoke so rapidly that it seemed he was trying to cover 60 seconds of a script in half of his allotted time.\nCarroll’s physical delivery was comically spastic, with flailing arms, bulging eyes and the most manic smile this side of the Joker.\nHe would inevitably challenge shoppers to “shop around, get the best prices you can find, then bring ’em to Crazy Eddie and he’ll beat ’em.” And each commercial ended with Carroll stretching his arms out while proclaiming, “Crazy Eddie — his prices are in-saaaaaaaaane.”\nThere would be a few variations to the presentation, including a Christmas season ad campaign and a “Christmas in August” summertime effort with Carroll dressed in a Santa suit while being pelted with Styrofoam snowballs and papery snowflakes.\nA couple of movie spoof spots put Carroll in parodies of “Casablanca,” “Saturday Night Fever,” “Superman” and “10,” and one ad had a man in a gorilla suit grunting dialogue while subtitles offered simian-to-English translations.\nNot So Funny:After the commercials came on in full force, Crazy Eddie generated $350 million in annual revenue during its prime years.\nBut as Crazy Eddie grew, Antar’s approach to business became more problematic: cash payments were not recorded, the sales tax was pocketed and employees received off-the-books pay rather than paychecks that clearly deducted federal and state taxes.\nAntar helped finance his cousin Sam Antar’s college education and brought him on as a chief financial officer, but Sam would later recall this was not done out of love of family.\n“The whole purpose of the business was to commit premeditated fraud,” Sam recounted in an interview with MentalFloss.com. “My family put me through college to help them commit more sophisticated fraud in the future. I was trained to be a criminal.\n\"People have a certain idea of Crazy Eddie — in reality, it was a dark criminal enterprise.”\nAntar initially kept his ill-gotten gains hidden within his home, but later began sending the money far into the world. Offshore bank accounts in Canada, Gibraltar, Israel, Liberia, Luxembourg, Panama and Switzerland were set up, and by the early 1980s, Antar and his family were skimming upwards of $4 million annually in unreported income and unpaid taxes.\nEventually, the graft became too big to easily hide. The solution, Antar theorized, was not to hide but to be in the greatest spotlight imaginable: Antar decided to take Crazy Eddie public.\nHello, Wall Street:Crazy Eddie conducted its initial public offering on Sept. 13, 1984, taking the NASDAQ symbol CRZY. The popularity of the television commercials helped bring in the initial wave of investor interest, while gourmet-level cooked books gave the phony impression of a well-run retail operation.\nTwo years after first trading at $8 a share, Crazy Eddie stock was at a split-adjusted $75 per share.\nWhy Antar believed he could continue with his shenanigans amid the added scrutiny given to public companies is a mystery, but by 1987 he found himself in lethal shoals.\nThe increased retail competition saw Crazy Eddie’s sales decline, resulting in a tumbling stock price.\nAntar announced his resignation in December 1986, but four months later he shocked shareholders by revealing he never stepped down — and while still at the helm, he sold off his shares in the company, gaining about $30 million in the transaction.\nThe company had begun planning to go private when an outside investor group successfully agitated to take over what they believed to be a struggling but respectable company. But when their auditors came in, they were flabbergasted to find grossly exaggerated inventories of up to $28 million, $20 million in phony debit memos to vendors and sales reports that were closer to fiction than accountancy.\nThe chain went bankrupt in 1989 and was forced to shut down its retail network. Federal and state investigations overwhelmed what remained of the Crazy Eddie and Antar was hit with an endless flurry of lawsuits.\n\"By any measure, this is a staggering securities fraud,\" saidMichael Chertoff, the U.S. Attorney for New Jersey, who accused the Antars of creating \"a giant bubble\" rather than a successful business.\nBy 1990, Antar disappeared after failing to appear at a court hearing. He obtained a phony U.S. passport issued to “Harry Page Shalom” and left the country. After a two-year global search, he was located in 1992 in a Tel Aviv suburb living under the name Alexander Stewart.\nAntar was brought back to the U.S. to find his cousin Sam Antar had taken a plea deal with federal prosecutors and agreed to testify against him in court.\n“There’s no better motivator than a 20-year prison term,” Sam Antar stated. “I didn’t cooperate because I found God. I cooperated to save my ass.”\nIn July 2013, Antar was found guilty of 17 counts of fraud and sentenced to 12½ years in prison. Two years later, his verdicts were overturned on appeal.\nRather than face the stress of another trial, Antar pleaded guilty to federal fraud charges in May 1996 and was sentenced in 1997 to eight years in prison.\nThe Legend Lives On:Antar was released after four years in prison and federal law enforcement officials managed to find more than $120 million from his offshore bank accounts, which was repaid to investors.\nSeveral attempts occurred over the subsequent years to revive the Crazy Eddie brand, first as a brick-and-mortar retailer and then as an e-commerce venture, but all of these efforts failed.\nIn June 2019,Jon Turteltaub, the director of the “National Treasure” film franchise, announced plans to make a biopic about Antar. But that project has yet to come to life.\nMany of the Crazy Eddie commercials can be found on YouTube, and marketing experts consider them to be among the most imaginative and successful examples of television advertising.\nAntar stayed out of the public light after leaving prison and died of complications from liver cancer on Sept. 10, 2016. He never publicly spoke about his past, although in a brief late-life exchange with a Newark Star-Ledger reporter he acknowledged the unique impact he had on retailing.\n“Everybody knows Crazy Eddie,” he said. “What can I tell you? I changed the business. I changed the whole business.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":186,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165280959,"gmtCreate":1624146557871,"gmtModify":1703829288221,"author":{"id":"3582007904253409","authorId":"3582007904253409","name":"bensensei","avatar":"https://static.tigerbbs.com/9947fa6b560026d3b1da78082e094170","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582007904253409","authorIdStr":"3582007904253409"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/165280959","repostId":"1167089681","repostType":4,"isVote":1,"tweetType":1,"viewCount":195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166265018,"gmtCreate":1624012890834,"gmtModify":1703826530617,"author":{"id":"3582007904253409","authorId":"3582007904253409","name":"bensensei","avatar":"https://static.tigerbbs.com/9947fa6b560026d3b1da78082e094170","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582007904253409","authorIdStr":"3582007904253409"},"themes":[],"htmlText":"Oh no&nbsp;","listText":"Oh no&nbsp;","text":"Oh no","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/166265018","repostId":"2144786627","repostType":4,"repost":{"id":"2144786627","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1624009230,"share":"https://ttm.financial/m/news/2144786627?lang=&edition=fundamental","pubTime":"2021-06-18 17:40","market":"fut","language":"en","title":"Gold regains some ground, but heads for worst week in almost 9 months","url":"https://stock-news.laohu8.com/highlight/detail?id=2144786627","media":"Reuters","summary":"* Dollar heads for best week in 9 months\n* Gold's uptick likely temporary given dollar strength - an","content":"<p>* Dollar heads for best week in 9 months</p>\n<p>* Gold's uptick likely temporary given dollar strength - analyst</p>\n<p>* Silver, platinum and palladium also recover slightly</p>\n<p>June 18 (Reuters) - Gold rose 1% on Friday as a pause in the dollar's rally helped bullion claw back some ground from a sharp slide in the previous sessions driven by the U.S. Federal Reserve's hawkish tilt, which put it on course for its worst week in nearly nine months.</p>\n<p>Spot gold climbed to $1,790.59 per ounce by 0908 GMT, but was down 4.5% for the week. U.S. gold futures gained 1% to $1,791.70.</p>\n<p>There was some bargain-hunting after the sell-off and the dollar's rally has \"stopped for a moment\", helping gold rise, ABN Amro analyst Georgette Boele said.</p>\n<p>But any uptick in gold is likely to be temporary with the dollar expected to go higher, Boele added.</p>\n<p>Palladium gained 1.9% to $2,545.18 per ounce but was on track for its worst week since March 2020 after shedding as much as 11% on Thursday.</p>\n<p>Silver rose 1.7% to $26.36 but was down more than 5% for the week. Platinum climbed about 2% to $1,078.71.</p>\n<p>The Fed on Wednesday signalled it would be considering whether to taper its asset purchase programme meeting by meeting and brought forward projections for the first post-pandemic interest rate hikes into 2023.</p>\n<p>The dollar&nbsp; jumped to a two-month high after the Fed comments, en route to its best week in nearly nine months.</p>\n<p>Higher interest rates translate into higher opportunity cost of holding gold.</p>\n<p>Gold's retreat below the key $1,800-per-ounce mark and other support levels, including the 100-day and 200-day moving averages, were further bearish technical signals, analysts said.</p>\n<p>But \"the reaction in gold has been somewhat overdone,\" said ED&amp;F Man Capital Markets analyst Edward Meir.</p>\n<p>\"Despite the current high-growth, inflationary environment, the proposed Fed rate hikes are not expected to set in for at least another 18 months. So after a little bit more weakness here, gold will regroup and push higher,\" Meir said.</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>Gold regains some ground, but heads for worst week in almost 9 months</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\">\nGold regains some ground, but heads for worst week in almost 9 months\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-18 17:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* Dollar heads for best week in 9 months</p>\n<p>* Gold's uptick likely temporary given dollar strength - analyst</p>\n<p>* Silver, platinum and palladium also recover slightly</p>\n<p>June 18 (Reuters) - Gold rose 1% on Friday as a pause in the dollar's rally helped bullion claw back some ground from a sharp slide in the previous sessions driven by the U.S. Federal Reserve's hawkish tilt, which put it on course for its worst week in nearly nine months.</p>\n<p>Spot gold climbed to $1,790.59 per ounce by 0908 GMT, but was down 4.5% for the week. U.S. gold futures gained 1% to $1,791.70.</p>\n<p>There was some bargain-hunting after the sell-off and the dollar's rally has \"stopped for a moment\", helping gold rise, ABN Amro analyst Georgette Boele said.</p>\n<p>But any uptick in gold is likely to be temporary with the dollar expected to go higher, Boele added.</p>\n<p>Palladium gained 1.9% to $2,545.18 per ounce but was on track for its worst week since March 2020 after shedding as much as 11% on Thursday.</p>\n<p>Silver rose 1.7% to $26.36 but was down more than 5% for the week. Platinum climbed about 2% to $1,078.71.</p>\n<p>The Fed on Wednesday signalled it would be considering whether to taper its asset purchase programme meeting by meeting and brought forward projections for the first post-pandemic interest rate hikes into 2023.</p>\n<p>The dollar&nbsp; jumped to a two-month high after the Fed comments, en route to its best week in nearly nine months.</p>\n<p>Higher interest rates translate into higher opportunity cost of holding gold.</p>\n<p>Gold's retreat below the key $1,800-per-ounce mark and other support levels, including the 100-day and 200-day moving averages, were further bearish technical signals, analysts said.</p>\n<p>But \"the reaction in gold has been somewhat overdone,\" said ED&amp;F Man Capital Markets analyst Edward Meir.</p>\n<p>\"Despite the current high-growth, inflationary environment, the proposed Fed rate hikes are not expected to set in for at least another 18 months. So after a little bit more weakness here, gold will regroup and push higher,\" Meir said.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"159934":"黄金ETF","518880":"黄金ETF","GOLD":"巴里克黄金","GDX":"黄金矿业ETF-VanEck","NUGT":"二倍做多黄金矿业指数ETF-Direxion","GLD":"SPDR黄金ETF","DUST":"二倍做空黄金矿业指数ETF-Direxion","IAU":"黄金信托ETF(iShares)"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144786627","content_text":"* Dollar heads for best week in 9 months\n* Gold's uptick likely temporary given dollar strength - analyst\n* Silver, platinum and palladium also recover slightly\nJune 18 (Reuters) - Gold rose 1% on Friday as a pause in the dollar's rally helped bullion claw back some ground from a sharp slide in the previous sessions driven by the U.S. Federal Reserve's hawkish tilt, which put it on course for its worst week in nearly nine months.\nSpot gold climbed to $1,790.59 per ounce by 0908 GMT, but was down 4.5% for the week. U.S. gold futures gained 1% to $1,791.70.\nThere was some bargain-hunting after the sell-off and the dollar's rally has \"stopped for a moment\", helping gold rise, ABN Amro analyst Georgette Boele said.\nBut any uptick in gold is likely to be temporary with the dollar expected to go higher, Boele added.\nPalladium gained 1.9% to $2,545.18 per ounce but was on track for its worst week since March 2020 after shedding as much as 11% on Thursday.\nSilver rose 1.7% to $26.36 but was down more than 5% for the week. Platinum climbed about 2% to $1,078.71.\nThe Fed on Wednesday signalled it would be considering whether to taper its asset purchase programme meeting by meeting and brought forward projections for the first post-pandemic interest rate hikes into 2023.\nThe dollar  jumped to a two-month high after the Fed comments, en route to its best week in nearly nine months.\nHigher interest rates translate into higher opportunity cost of holding gold.\nGold's retreat below the key $1,800-per-ounce mark and other support levels, including the 100-day and 200-day moving averages, were further bearish technical signals, analysts said.\nBut \"the reaction in gold has been somewhat overdone,\" said ED&F Man Capital Markets analyst Edward Meir.\n\"Despite the current high-growth, inflationary environment, the proposed Fed rate hikes are not expected to set in for at least another 18 months. So after a little bit more weakness here, gold will regroup and push higher,\" Meir said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":332,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161495693,"gmtCreate":1623937525912,"gmtModify":1703823967606,"author":{"id":"3582007904253409","authorId":"3582007904253409","name":"bensensei","avatar":"https://static.tigerbbs.com/9947fa6b560026d3b1da78082e094170","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582007904253409","authorIdStr":"3582007904253409"},"themes":[],"htmlText":"No way","listText":"No way","text":"No way","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161495693","repostId":"2144174158","repostType":4,"repost":{"id":"2144174158","kind":"news","pubTimestamp":1623936360,"share":"https://ttm.financial/m/news/2144174158?lang=&edition=fundamental","pubTime":"2021-06-17 21:26","market":"us","language":"en","title":"Daimler speeds up shift to electric vehicles, Manager Magazin reports","url":"https://stock-news.laohu8.com/highlight/detail?id=2144174158","media":"StreetInsider","summary":"LONDON (Reuters) - Daimler AG will accelerate the launch of electric cars slated for the middle of t","content":"<p>LONDON (Reuters) - Daimler AG will accelerate the launch of electric cars slated for the middle of this decade while phasing out fossil-fuel versions, as it revamps its electrification strategy, Manager Magazin reported on Thursday.</p>\n<p>Many of the electric vehicle models the German carmaker has planned for 2024 or 2025 will be moved forward a year and their fossil-fuel equivalents will be dropped from the lineup, the magazine reported, citing sources close to the matter.</p>\n<p>According to the magazine, Daimler Chief Executive Ola Källenius would like to announce the changes before the summer break this year and hold a capital markets day.</p>\n<p>A Daimler spokesman declined to comment on the report.</p>\n<p>The Mercedes-Benz maker said in March it would accelerate its shift to electric cars, but provided no details of how fast its car line-up will go electric.</p>\n<p>Some carmakers have announced firm plans to go all-electric. Volvo, for instance, says all of its cars will be battery electric vehicles by 2030.</p>\n<p>European campaign group Transport and Environment (T&amp;E) said this week that some carmakers, including Daimler, lacked ambitious targets to phase out fossil-fuel cars.</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>Daimler speeds up shift to electric vehicles, Manager Magazin reports</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\">\nDaimler speeds up shift to electric vehicles, Manager Magazin reports\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 21:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18572264><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>LONDON (Reuters) - Daimler AG will accelerate the launch of electric cars slated for the middle of this decade while phasing out fossil-fuel versions, as it revamps its electrification strategy, ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18572264\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DDAIF":"戴姆勒汽车"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18572264","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144174158","content_text":"LONDON (Reuters) - Daimler AG will accelerate the launch of electric cars slated for the middle of this decade while phasing out fossil-fuel versions, as it revamps its electrification strategy, Manager Magazin reported on Thursday.\nMany of the electric vehicle models the German carmaker has planned for 2024 or 2025 will be moved forward a year and their fossil-fuel equivalents will be dropped from the lineup, the magazine reported, citing sources close to the matter.\nAccording to the magazine, Daimler Chief Executive Ola Källenius would like to announce the changes before the summer break this year and hold a capital markets day.\nA Daimler spokesman declined to comment on the report.\nThe Mercedes-Benz maker said in March it would accelerate its shift to electric cars, but provided no details of how fast its car line-up will go electric.\nSome carmakers have announced firm plans to go all-electric. Volvo, for instance, says all of its cars will be battery electric vehicles by 2030.\nEuropean campaign group Transport and Environment (T&E) said this week that some carmakers, including Daimler, lacked ambitious targets to phase out fossil-fuel cars.","news_type":1},"isVote":1,"tweetType":1,"viewCount":202,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":103420845,"gmtCreate":1619803869787,"gmtModify":1704272652852,"author":{"id":"3582007904253409","authorId":"3582007904253409","name":"bensensei","avatar":"https://static.tigerbbs.com/9947fa6b560026d3b1da78082e094170","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582007904253409","authorIdStr":"3582007904253409"},"themes":[],"htmlText":"Hmmm","listText":"Hmmm","text":"Hmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/103420845","repostId":"1142063705","repostType":4,"repost":{"id":"1142063705","kind":"news","pubTimestamp":1619796118,"share":"https://ttm.financial/m/news/1142063705?lang=&edition=fundamental","pubTime":"2021-04-30 23:21","market":"us","language":"en","title":"Europe's antitrust crackdown on Apple hints at what's coming for the company in the U.S.","url":"https://stock-news.laohu8.com/highlight/detail?id=1142063705","media":"CNBC","summary":"For a long time, the European Commission seemed to stand apart from the U.S. in cracking down on tech giants with antitrust fines againstGoogleand privacy rules like the General Data Protection Regulation.“The Commission’s argument onSpotify’sbehalf is the opposite of fair competition,” Apple said in a statement following Vestager’s announcement, referring to the music streaming company that raised the competition complaint. Apple said Spotify wants “all the benefits of the App Store but don’t t","content":"<div>\n<p>For a long time, the European Commission seemed to stand apart from the U.S. in cracking down on tech giants with antitrust fines againstGoogleand privacy rules like the General Data Protection ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-leads-tech-crackdown-but-the-us-isnt-far-behind.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>Europe's antitrust crackdown on Apple hints at what's coming for the company in the U.S.</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\">\nEurope's antitrust crackdown on Apple hints at what's coming for the company in the U.S.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/30/eu-leads-tech-crackdown-but-the-us-isnt-far-behind.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For a long time, the European Commission seemed to stand apart from the U.S. in cracking down on tech giants with antitrust fines againstGoogleand privacy rules like the General Data Protection ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-leads-tech-crackdown-but-the-us-isnt-far-behind.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.cnbc.com/2021/04/30/eu-leads-tech-crackdown-but-the-us-isnt-far-behind.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1142063705","content_text":"For a long time, the European Commission seemed to stand apart from the U.S. in cracking down on tech giants with antitrust fines againstGoogleand privacy rules like the General Data Protection Regulation.\nBut when the EU competition policy chief Margrethe Vestagerannounced Friday a preliminary findingthatApplehas abused its dominant power in the distribution of streaming music apps, the U.S. finally seems poised to move in a similar direction.\n“The Commission’s argument onSpotify’sbehalf is the opposite of fair competition,” Apple said in a statement following Vestager’s announcement, referring to the music streaming company that raised the competition complaint. Apple said Spotify wants “all the benefits of the App Store but don’t think they should have to pay anything for that,” by choosing to object to its 15-30% commission on in-app payments for streaming apps.\nApple isn’t currently facing any antitrust charges from government officials in the U.S. and such a lawsuit may never materialize, though the Department of Justice wasreportedly granted oversight of the company’s competitive practices in 2019. But even if the government declines to press charges, recent actions in Congress, state legislatures and in private lawsuits demonstrate a significant shift in the American public’s sentiment toward Apple and the tech industry at large.\nWhen the commissionslapped its first record competition fineagainstGooglein 2017, it wasn’t yet clear that the U.S. might be ready to move on from its once-cozy relationship with its booming tech industry. But in 2018, on the heels of the revelations of howFacebookuser data was used by analytics company Cambridge Analytica during the 2016 election, and increasing questions about how tech platforms can impact American democracy, that seemed to change.\nNow, as Europe continues to move forward with its probe into Apple, the U.S. no longer seems to be so far behind.\nHere’s where Apple stands to face risk of antitrust action or regulation in the U.S.:\nDOJ\nThe DOJ has already moved forward with a massive lawsuit against Google, so it could take some time if it decides to ramp up a probe into Apple. Though the DOJ’s Antitrust Division took on oversight authority of Apple in a 2019 agreement with the FTC, according to aWall Street Journal report, the Google investigation has seemed to take priority.\nStill, then-Attorney General Bill Barr announced later that year that the DOJ wouldconduct a broad antitrust review of Big Tech companies.\nAny action from the DOJ or state enforcers would take the form of a settlement or lawsuit, which would put Apple’s fate in the hands of the courts.\nPrivate lawsuits\nApple’s most immediate challenge in the U.S. has come from private companies bringing antitrust charges against its business in court.\nThe most notable of these lawsuits isfrom Fortnite-maker Epic Games, which is set to begin its trial on Monday. Epic filed its lawsuit with a PR blitz afterchallenging Apple’s in-app payment feeby advertising in its app an alternative, cheaper way to buy character outfits from Epic directly, violating Apple’s rules. That prompted Apple to remove Fortnite from its App Store. Epic filed the suit shortly after and Applefiled counterclaimsagainst Epic for allegedly breaching its contract.\n“Although Epic portrays itself as a modern corporate Robin Hood, in reality it is a multi-billion dollar enterprise that simply wants to pay nothing for the tremendous value it derives from the App Store,” Apple said in a filing with the District Court for the Northern District of California in September.\nCongress\nJust last week,several app-makers testified before the Senate Judiciary subcommittee on antitrust about the alleged anti-competitive harms they’ve facedfrom restrictions on both Apple and Google’s app stores.\nRepresentatives from Apple and Google told lawmakers they simply charge for the technology and the work they put into running the app stores, which have significantly lowered distribution costs for app developers over the years.\nBut witnesses from Tinder-ownerMatch Group, item-tracking device-maker Tile and Spotify painted a different picture.\n“We’re all afraid,” Match Group chief legal officer Jared Sine testified of the platforms’ broad power over their businesses.\nThe witnesses discussed the seemingly arbitrary nature by which Apple allegedly enforces its App Store rules. Spotify’s legal chief claimed Apple has threatened retaliation on numerous occasions and Tile’s top lawyer said Apple denied access to a key feature that wouldimprove their object-tracking product, before utilizing it for Apple’s own rival gadget,called AirTag.\nTile said that while Apple now makes the feature available for third-party developers to incorporate, accessing it would mean handing over a significant amount of data and control to Apple. Apple’s representative said its product is different from Tile’s and opening the feature in question will encourage further competition in the space.\nSenators at the hearing seemed receptive to the app developers’ complaints, which build on earlier claims made before House lawmakers. The House Judiciary subcommittee on antitrust found in a more than year-long probe thatAmazon, Apple, Facebook and Googleall hold monopoly power, and lawmakers are currently crafting bills to enable stronger antitrust enforcement of digital markets.\nState Legislatures\nSeveral state legislatures have beenconsidering bills that would require platforms like Apple and Google to allow app-makers to use their own payment processing systems. While the bills have so far hadvarying degrees of successin the early stages of lawmaking, passage in one state could raise a host of questions about how it should be enforced given the ambiguous nature of digital borders.\nThe bills have been supported by the Coalition for App Fairness, a group of companies that have complained about app store fees, including Epic Games, Match Group and Spotify.\nApple has often argued that it maintains features like payments within its own ecosystem in order to protect consumers and secure their data, though app developers and lawmakers have expressed skepticism about that reasoning.","news_type":1},"isVote":1,"tweetType":1,"viewCount":283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374561085,"gmtCreate":1619457948647,"gmtModify":1704724257841,"author":{"id":"3582007904253409","authorId":"3582007904253409","name":"bensensei","avatar":"https://static.tigerbbs.com/9947fa6b560026d3b1da78082e094170","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582007904253409","authorIdStr":"3582007904253409"},"themes":[],"htmlText":"Maybe to buy&nbsp;","listText":"Maybe to buy&nbsp;","text":"Maybe to buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/374561085","repostId":"1194765641","repostType":4,"repost":{"id":"1194765641","kind":"news","weMediaInfo":{"introduction":"The leading daily newsletter for the latest financial and business news. 33Yrs Helping Stock Investors with Investing Insights, Tools, News & More.","home_visible":0,"media_name":"Investors","id":"1085713068","head_image":"https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c"},"pubTimestamp":1619450804,"share":"https://ttm.financial/m/news/1194765641?lang=&edition=fundamental","pubTime":"2021-04-26 23:26","market":"us","language":"en","title":"Starbucks Stock Reported Mixed Earnings Results, Is It A Buy Right Now?","url":"https://stock-news.laohu8.com/highlight/detail?id=1194765641","media":"Investors","summary":"Seattle-basedStarbucks(SBUX) emerged as a coffeehouse giant in the 1990s with a meteoric rise, evolv","content":"<p>Seattle-based<b>Starbucks</b>(SBUX) emerged as a coffeehouse giant in the 1990s with a meteoric rise, evolving from a local concept into a global brand. Amid the current stock market rally, is Starbucks stocka buy?</p>\n<p>Starbucks Earnings</p>\n<p>In themost recent quarter— reported on Jan. 26 — Starbucks reported mixed fiscal Q1 results and gave weak Q2 views despite a forecast for China same-store sales to nearly double.</p>\n<p>Starbucks reported EPS of 61 cents on revenue of $6.75 billion. Wall Street expected Starbucks earnings per share to fall 30% to 55 cents, according to Zacks Investment Research. Revenue was seen tilting 3% lower to $6.87 billion.</p>\n<p>According to theIBD Stock Checkup,Starbucksstock has a weak 37 out of a highest-possible 99 IBD Composite Rating. TheComposite Ratingis designed to help investors easily measure a stock's fundamental and technical characteristics.</p>\n<p>Fundamentally, the company boasts a deteriorating track record of earnings growth, resulting in a 33 (out of a best-possible 99) EPS Rating. TheEPS Ratingmeasures a company's current quarterly earnings and annual earnings growth.</p>\n<p>Starbucks Stock News</p>\n<p>On March 15, amid the spreading coronavirus outbreak,Starbucks movedinto a \"to-go\" model for its stores in the U.S. and Canada for at least two weeks. Starbucks also said some of its stores in \"high-social gathering\" areas will be shuttered to help prevent the spread of the virus.&nbsp;The moves came in the wake of the U.S. government's call for more social distancing.</p>\n<p>On April 16, Starbucksannounced plans to reopenstores that closed during the coronavirus outbreak. In a letter to employees, CEO Kevin Johnson said, \"As we have experienced in China, we are now transitioning to a new phase that can best be described as 'monitor and adapt.\"</p>\n<p>In late April, the company said it would start reopening U.S. stores as soon as early May, with plans to have around 90% of company-run locations open by early June with modified hours and more safety measures, but management said \"routines may look a little bit different\" even for its most loyal customers.</p>\n<p>On May 4, the&nbsp;the coffee giant said it plans to reopen more than 85% of its U.S. corporate stores by end of this week. Dine-in services will remain closed for the time being.</p>\n<p>In a letter to employees on May 21, CEO Kevin Johnson said the company has reclaimed about 60% to 65% of its U.S. same-store sales over the last week, vs. the same period a year ago.</p>\n<p>Starbucks CFO Patrick Grismer, during a conference in September, said the coffee giant was on track to reach positive same-store sales in the U.S. by the end of its fiscal second quarter.</p>\n<p>Is Starbucks Stock A Buy Right Now?</p>\n<p>During the coronavirus stock market crash, Starbucks shares fell nearly 50% off their 52-week high. After a sharp rally, the stock hit all-time highs on Jan. 4 before backing off. Starbucks is trying to break out above a 108.85 buy point in a new flat base, according toMarketSmithchart analysis. The 5% buy zone goes up to 114.29.</p>\n<p>Starbucks stock tumbled nearly 2% Monday despite a price-target hike at Stifel Nicolaus. The analyst firm raised its price target from 115 to 125. The stock remains out of buy range. So, Starbucks is no longer a potential buy right now since it's out of buy range. Meanwhile, a lack of strong fundamentals could be a deterrent to growth investors.</p>\n<p>For more leading stocks and stocks approaching buy points, check out these&nbsp;IBD Stock Lists, like the&nbsp;Stocks Near A Buy Zone.&nbsp;To see the current stock market trend, check out IBD's signature daily analysis,&nbsp;The Big Picture.</p>\n<p><i>Follow Scott Lehtonen on Twitter at @IBD_SLehtonen for more on stock market analysis and insight.</i></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>Starbucks Stock Reported Mixed Earnings Results, Is It A Buy Right Now?</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\">\nStarbucks Stock Reported Mixed Earnings Results, Is It A Buy Right Now?\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/608dd68a89ed486e18f64efe3136266c);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Investors </p>\n<p class=\"h-time\">2021-04-26 23:26</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Seattle-based<b>Starbucks</b>(SBUX) emerged as a coffeehouse giant in the 1990s with a meteoric rise, evolving from a local concept into a global brand. Amid the current stock market rally, is Starbucks stocka buy?</p>\n<p>Starbucks Earnings</p>\n<p>In themost recent quarter— reported on Jan. 26 — Starbucks reported mixed fiscal Q1 results and gave weak Q2 views despite a forecast for China same-store sales to nearly double.</p>\n<p>Starbucks reported EPS of 61 cents on revenue of $6.75 billion. Wall Street expected Starbucks earnings per share to fall 30% to 55 cents, according to Zacks Investment Research. Revenue was seen tilting 3% lower to $6.87 billion.</p>\n<p>According to theIBD Stock Checkup,Starbucksstock has a weak 37 out of a highest-possible 99 IBD Composite Rating. TheComposite Ratingis designed to help investors easily measure a stock's fundamental and technical characteristics.</p>\n<p>Fundamentally, the company boasts a deteriorating track record of earnings growth, resulting in a 33 (out of a best-possible 99) EPS Rating. TheEPS Ratingmeasures a company's current quarterly earnings and annual earnings growth.</p>\n<p>Starbucks Stock News</p>\n<p>On March 15, amid the spreading coronavirus outbreak,Starbucks movedinto a \"to-go\" model for its stores in the U.S. and Canada for at least two weeks. Starbucks also said some of its stores in \"high-social gathering\" areas will be shuttered to help prevent the spread of the virus.&nbsp;The moves came in the wake of the U.S. government's call for more social distancing.</p>\n<p>On April 16, Starbucksannounced plans to reopenstores that closed during the coronavirus outbreak. In a letter to employees, CEO Kevin Johnson said, \"As we have experienced in China, we are now transitioning to a new phase that can best be described as 'monitor and adapt.\"</p>\n<p>In late April, the company said it would start reopening U.S. stores as soon as early May, with plans to have around 90% of company-run locations open by early June with modified hours and more safety measures, but management said \"routines may look a little bit different\" even for its most loyal customers.</p>\n<p>On May 4, the&nbsp;the coffee giant said it plans to reopen more than 85% of its U.S. corporate stores by end of this week. Dine-in services will remain closed for the time being.</p>\n<p>In a letter to employees on May 21, CEO Kevin Johnson said the company has reclaimed about 60% to 65% of its U.S. same-store sales over the last week, vs. the same period a year ago.</p>\n<p>Starbucks CFO Patrick Grismer, during a conference in September, said the coffee giant was on track to reach positive same-store sales in the U.S. by the end of its fiscal second quarter.</p>\n<p>Is Starbucks Stock A Buy Right Now?</p>\n<p>During the coronavirus stock market crash, Starbucks shares fell nearly 50% off their 52-week high. After a sharp rally, the stock hit all-time highs on Jan. 4 before backing off. Starbucks is trying to break out above a 108.85 buy point in a new flat base, according toMarketSmithchart analysis. The 5% buy zone goes up to 114.29.</p>\n<p>Starbucks stock tumbled nearly 2% Monday despite a price-target hike at Stifel Nicolaus. The analyst firm raised its price target from 115 to 125. The stock remains out of buy range. So, Starbucks is no longer a potential buy right now since it's out of buy range. Meanwhile, a lack of strong fundamentals could be a deterrent to growth investors.</p>\n<p>For more leading stocks and stocks approaching buy points, check out these&nbsp;IBD Stock Lists, like the&nbsp;Stocks Near A Buy Zone.&nbsp;To see the current stock market trend, check out IBD's signature daily analysis,&nbsp;The Big Picture.</p>\n<p><i>Follow Scott Lehtonen on Twitter at @IBD_SLehtonen for more on stock market analysis and insight.</i></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SBUX":"星巴克"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194765641","content_text":"Seattle-basedStarbucks(SBUX) emerged as a coffeehouse giant in the 1990s with a meteoric rise, evolving from a local concept into a global brand. Amid the current stock market rally, is Starbucks stocka buy?\nStarbucks Earnings\nIn themost recent quarter— reported on Jan. 26 — Starbucks reported mixed fiscal Q1 results and gave weak Q2 views despite a forecast for China same-store sales to nearly double.\nStarbucks reported EPS of 61 cents on revenue of $6.75 billion. Wall Street expected Starbucks earnings per share to fall 30% to 55 cents, according to Zacks Investment Research. Revenue was seen tilting 3% lower to $6.87 billion.\nAccording to theIBD Stock Checkup,Starbucksstock has a weak 37 out of a highest-possible 99 IBD Composite Rating. TheComposite Ratingis designed to help investors easily measure a stock's fundamental and technical characteristics.\nFundamentally, the company boasts a deteriorating track record of earnings growth, resulting in a 33 (out of a best-possible 99) EPS Rating. TheEPS Ratingmeasures a company's current quarterly earnings and annual earnings growth.\nStarbucks Stock News\nOn March 15, amid the spreading coronavirus outbreak,Starbucks movedinto a \"to-go\" model for its stores in the U.S. and Canada for at least two weeks. Starbucks also said some of its stores in \"high-social gathering\" areas will be shuttered to help prevent the spread of the virus. The moves came in the wake of the U.S. government's call for more social distancing.\nOn April 16, Starbucksannounced plans to reopenstores that closed during the coronavirus outbreak. In a letter to employees, CEO Kevin Johnson said, \"As we have experienced in China, we are now transitioning to a new phase that can best be described as 'monitor and adapt.\"\nIn late April, the company said it would start reopening U.S. stores as soon as early May, with plans to have around 90% of company-run locations open by early June with modified hours and more safety measures, but management said \"routines may look a little bit different\" even for its most loyal customers.\nOn May 4, the the coffee giant said it plans to reopen more than 85% of its U.S. corporate stores by end of this week. Dine-in services will remain closed for the time being.\nIn a letter to employees on May 21, CEO Kevin Johnson said the company has reclaimed about 60% to 65% of its U.S. same-store sales over the last week, vs. the same period a year ago.\nStarbucks CFO Patrick Grismer, during a conference in September, said the coffee giant was on track to reach positive same-store sales in the U.S. by the end of its fiscal second quarter.\nIs Starbucks Stock A Buy Right Now?\nDuring the coronavirus stock market crash, Starbucks shares fell nearly 50% off their 52-week high. After a sharp rally, the stock hit all-time highs on Jan. 4 before backing off. Starbucks is trying to break out above a 108.85 buy point in a new flat base, according toMarketSmithchart analysis. The 5% buy zone goes up to 114.29.\nStarbucks stock tumbled nearly 2% Monday despite a price-target hike at Stifel Nicolaus. The analyst firm raised its price target from 115 to 125. The stock remains out of buy range. So, Starbucks is no longer a potential buy right now since it's out of buy range. Meanwhile, a lack of strong fundamentals could be a deterrent to growth investors.\nFor more leading stocks and stocks approaching buy points, check out these IBD Stock Lists, like the Stocks Near A Buy Zone. To see the current stock market trend, check out IBD's signature daily analysis, The Big Picture.\nFollow Scott Lehtonen on Twitter at @IBD_SLehtonen for more on stock market analysis and insight.","news_type":1},"isVote":1,"tweetType":1,"viewCount":153,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374563423,"gmtCreate":1619457922262,"gmtModify":1704724257356,"author":{"id":"3582007904253409","authorId":"3582007904253409","name":"bensensei","avatar":"https://static.tigerbbs.com/9947fa6b560026d3b1da78082e094170","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582007904253409","authorIdStr":"3582007904253409"},"themes":[],"htmlText":"Maybe&nbsp;","listText":"Maybe&nbsp;","text":"Maybe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/374563423","repostId":"1194765641","repostType":4,"repost":{"id":"1194765641","kind":"news","weMediaInfo":{"introduction":"The leading daily newsletter for the latest financial and business news. 33Yrs Helping Stock Investors with Investing Insights, Tools, News & More.","home_visible":0,"media_name":"Investors","id":"1085713068","head_image":"https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c"},"pubTimestamp":1619450804,"share":"https://ttm.financial/m/news/1194765641?lang=&edition=fundamental","pubTime":"2021-04-26 23:26","market":"us","language":"en","title":"Starbucks Stock Reported Mixed Earnings Results, Is It A Buy Right Now?","url":"https://stock-news.laohu8.com/highlight/detail?id=1194765641","media":"Investors","summary":"Seattle-basedStarbucks(SBUX) emerged as a coffeehouse giant in the 1990s with a meteoric rise, evolv","content":"<p>Seattle-based<b>Starbucks</b>(SBUX) emerged as a coffeehouse giant in the 1990s with a meteoric rise, evolving from a local concept into a global brand. Amid the current stock market rally, is Starbucks stocka buy?</p>\n<p>Starbucks Earnings</p>\n<p>In themost recent quarter— reported on Jan. 26 — Starbucks reported mixed fiscal Q1 results and gave weak Q2 views despite a forecast for China same-store sales to nearly double.</p>\n<p>Starbucks reported EPS of 61 cents on revenue of $6.75 billion. Wall Street expected Starbucks earnings per share to fall 30% to 55 cents, according to Zacks Investment Research. Revenue was seen tilting 3% lower to $6.87 billion.</p>\n<p>According to theIBD Stock Checkup,Starbucksstock has a weak 37 out of a highest-possible 99 IBD Composite Rating. TheComposite Ratingis designed to help investors easily measure a stock's fundamental and technical characteristics.</p>\n<p>Fundamentally, the company boasts a deteriorating track record of earnings growth, resulting in a 33 (out of a best-possible 99) EPS Rating. TheEPS Ratingmeasures a company's current quarterly earnings and annual earnings growth.</p>\n<p>Starbucks Stock News</p>\n<p>On March 15, amid the spreading coronavirus outbreak,Starbucks movedinto a \"to-go\" model for its stores in the U.S. and Canada for at least two weeks. Starbucks also said some of its stores in \"high-social gathering\" areas will be shuttered to help prevent the spread of the virus.&nbsp;The moves came in the wake of the U.S. government's call for more social distancing.</p>\n<p>On April 16, Starbucksannounced plans to reopenstores that closed during the coronavirus outbreak. In a letter to employees, CEO Kevin Johnson said, \"As we have experienced in China, we are now transitioning to a new phase that can best be described as 'monitor and adapt.\"</p>\n<p>In late April, the company said it would start reopening U.S. stores as soon as early May, with plans to have around 90% of company-run locations open by early June with modified hours and more safety measures, but management said \"routines may look a little bit different\" even for its most loyal customers.</p>\n<p>On May 4, the&nbsp;the coffee giant said it plans to reopen more than 85% of its U.S. corporate stores by end of this week. Dine-in services will remain closed for the time being.</p>\n<p>In a letter to employees on May 21, CEO Kevin Johnson said the company has reclaimed about 60% to 65% of its U.S. same-store sales over the last week, vs. the same period a year ago.</p>\n<p>Starbucks CFO Patrick Grismer, during a conference in September, said the coffee giant was on track to reach positive same-store sales in the U.S. by the end of its fiscal second quarter.</p>\n<p>Is Starbucks Stock A Buy Right Now?</p>\n<p>During the coronavirus stock market crash, Starbucks shares fell nearly 50% off their 52-week high. After a sharp rally, the stock hit all-time highs on Jan. 4 before backing off. Starbucks is trying to break out above a 108.85 buy point in a new flat base, according toMarketSmithchart analysis. The 5% buy zone goes up to 114.29.</p>\n<p>Starbucks stock tumbled nearly 2% Monday despite a price-target hike at Stifel Nicolaus. The analyst firm raised its price target from 115 to 125. The stock remains out of buy range. So, Starbucks is no longer a potential buy right now since it's out of buy range. Meanwhile, a lack of strong fundamentals could be a deterrent to growth investors.</p>\n<p>For more leading stocks and stocks approaching buy points, check out these&nbsp;IBD Stock Lists, like the&nbsp;Stocks Near A Buy Zone.&nbsp;To see the current stock market trend, check out IBD's signature daily analysis,&nbsp;The Big Picture.</p>\n<p><i>Follow Scott Lehtonen on Twitter at @IBD_SLehtonen for more on stock market analysis and insight.</i></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>Starbucks Stock Reported Mixed Earnings Results, Is It A Buy Right Now?</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\">\nStarbucks Stock Reported Mixed Earnings Results, Is It A Buy Right Now?\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/608dd68a89ed486e18f64efe3136266c);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Investors </p>\n<p class=\"h-time\">2021-04-26 23:26</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Seattle-based<b>Starbucks</b>(SBUX) emerged as a coffeehouse giant in the 1990s with a meteoric rise, evolving from a local concept into a global brand. Amid the current stock market rally, is Starbucks stocka buy?</p>\n<p>Starbucks Earnings</p>\n<p>In themost recent quarter— reported on Jan. 26 — Starbucks reported mixed fiscal Q1 results and gave weak Q2 views despite a forecast for China same-store sales to nearly double.</p>\n<p>Starbucks reported EPS of 61 cents on revenue of $6.75 billion. Wall Street expected Starbucks earnings per share to fall 30% to 55 cents, according to Zacks Investment Research. Revenue was seen tilting 3% lower to $6.87 billion.</p>\n<p>According to theIBD Stock Checkup,Starbucksstock has a weak 37 out of a highest-possible 99 IBD Composite Rating. TheComposite Ratingis designed to help investors easily measure a stock's fundamental and technical characteristics.</p>\n<p>Fundamentally, the company boasts a deteriorating track record of earnings growth, resulting in a 33 (out of a best-possible 99) EPS Rating. TheEPS Ratingmeasures a company's current quarterly earnings and annual earnings growth.</p>\n<p>Starbucks Stock News</p>\n<p>On March 15, amid the spreading coronavirus outbreak,Starbucks movedinto a \"to-go\" model for its stores in the U.S. and Canada for at least two weeks. Starbucks also said some of its stores in \"high-social gathering\" areas will be shuttered to help prevent the spread of the virus.&nbsp;The moves came in the wake of the U.S. government's call for more social distancing.</p>\n<p>On April 16, Starbucksannounced plans to reopenstores that closed during the coronavirus outbreak. In a letter to employees, CEO Kevin Johnson said, \"As we have experienced in China, we are now transitioning to a new phase that can best be described as 'monitor and adapt.\"</p>\n<p>In late April, the company said it would start reopening U.S. stores as soon as early May, with plans to have around 90% of company-run locations open by early June with modified hours and more safety measures, but management said \"routines may look a little bit different\" even for its most loyal customers.</p>\n<p>On May 4, the&nbsp;the coffee giant said it plans to reopen more than 85% of its U.S. corporate stores by end of this week. Dine-in services will remain closed for the time being.</p>\n<p>In a letter to employees on May 21, CEO Kevin Johnson said the company has reclaimed about 60% to 65% of its U.S. same-store sales over the last week, vs. the same period a year ago.</p>\n<p>Starbucks CFO Patrick Grismer, during a conference in September, said the coffee giant was on track to reach positive same-store sales in the U.S. by the end of its fiscal second quarter.</p>\n<p>Is Starbucks Stock A Buy Right Now?</p>\n<p>During the coronavirus stock market crash, Starbucks shares fell nearly 50% off their 52-week high. After a sharp rally, the stock hit all-time highs on Jan. 4 before backing off. Starbucks is trying to break out above a 108.85 buy point in a new flat base, according toMarketSmithchart analysis. The 5% buy zone goes up to 114.29.</p>\n<p>Starbucks stock tumbled nearly 2% Monday despite a price-target hike at Stifel Nicolaus. The analyst firm raised its price target from 115 to 125. The stock remains out of buy range. So, Starbucks is no longer a potential buy right now since it's out of buy range. Meanwhile, a lack of strong fundamentals could be a deterrent to growth investors.</p>\n<p>For more leading stocks and stocks approaching buy points, check out these&nbsp;IBD Stock Lists, like the&nbsp;Stocks Near A Buy Zone.&nbsp;To see the current stock market trend, check out IBD's signature daily analysis,&nbsp;The Big Picture.</p>\n<p><i>Follow Scott Lehtonen on Twitter at @IBD_SLehtonen for more on stock market analysis and insight.</i></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SBUX":"星巴克"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194765641","content_text":"Seattle-basedStarbucks(SBUX) emerged as a coffeehouse giant in the 1990s with a meteoric rise, evolving from a local concept into a global brand. Amid the current stock market rally, is Starbucks stocka buy?\nStarbucks Earnings\nIn themost recent quarter— reported on Jan. 26 — Starbucks reported mixed fiscal Q1 results and gave weak Q2 views despite a forecast for China same-store sales to nearly double.\nStarbucks reported EPS of 61 cents on revenue of $6.75 billion. Wall Street expected Starbucks earnings per share to fall 30% to 55 cents, according to Zacks Investment Research. Revenue was seen tilting 3% lower to $6.87 billion.\nAccording to theIBD Stock Checkup,Starbucksstock has a weak 37 out of a highest-possible 99 IBD Composite Rating. TheComposite Ratingis designed to help investors easily measure a stock's fundamental and technical characteristics.\nFundamentally, the company boasts a deteriorating track record of earnings growth, resulting in a 33 (out of a best-possible 99) EPS Rating. TheEPS Ratingmeasures a company's current quarterly earnings and annual earnings growth.\nStarbucks Stock News\nOn March 15, amid the spreading coronavirus outbreak,Starbucks movedinto a \"to-go\" model for its stores in the U.S. and Canada for at least two weeks. Starbucks also said some of its stores in \"high-social gathering\" areas will be shuttered to help prevent the spread of the virus. The moves came in the wake of the U.S. government's call for more social distancing.\nOn April 16, Starbucksannounced plans to reopenstores that closed during the coronavirus outbreak. In a letter to employees, CEO Kevin Johnson said, \"As we have experienced in China, we are now transitioning to a new phase that can best be described as 'monitor and adapt.\"\nIn late April, the company said it would start reopening U.S. stores as soon as early May, with plans to have around 90% of company-run locations open by early June with modified hours and more safety measures, but management said \"routines may look a little bit different\" even for its most loyal customers.\nOn May 4, the the coffee giant said it plans to reopen more than 85% of its U.S. corporate stores by end of this week. Dine-in services will remain closed for the time being.\nIn a letter to employees on May 21, CEO Kevin Johnson said the company has reclaimed about 60% to 65% of its U.S. same-store sales over the last week, vs. the same period a year ago.\nStarbucks CFO Patrick Grismer, during a conference in September, said the coffee giant was on track to reach positive same-store sales in the U.S. by the end of its fiscal second quarter.\nIs Starbucks Stock A Buy Right Now?\nDuring the coronavirus stock market crash, Starbucks shares fell nearly 50% off their 52-week high. After a sharp rally, the stock hit all-time highs on Jan. 4 before backing off. Starbucks is trying to break out above a 108.85 buy point in a new flat base, according toMarketSmithchart analysis. The 5% buy zone goes up to 114.29.\nStarbucks stock tumbled nearly 2% Monday despite a price-target hike at Stifel Nicolaus. The analyst firm raised its price target from 115 to 125. The stock remains out of buy range. So, Starbucks is no longer a potential buy right now since it's out of buy range. Meanwhile, a lack of strong fundamentals could be a deterrent to growth investors.\nFor more leading stocks and stocks approaching buy points, check out these IBD Stock Lists, like the Stocks Near A Buy Zone. To see the current stock market trend, check out IBD's signature daily analysis, The Big Picture.\nFollow Scott Lehtonen on Twitter at @IBD_SLehtonen for more on stock market analysis and insight.","news_type":1},"isVote":1,"tweetType":1,"viewCount":270,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":374563423,"gmtCreate":1619457922262,"gmtModify":1704724257356,"author":{"id":"3582007904253409","authorId":"3582007904253409","name":"bensensei","avatar":"https://static.tigerbbs.com/9947fa6b560026d3b1da78082e094170","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582007904253409","idStr":"3582007904253409"},"themes":[],"htmlText":"Maybe&nbsp;","listText":"Maybe&nbsp;","text":"Maybe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/374563423","repostId":"1194765641","repostType":4,"repost":{"id":"1194765641","kind":"news","weMediaInfo":{"introduction":"The leading daily newsletter for the latest financial and business news. 33Yrs Helping Stock Investors with Investing Insights, Tools, News & More.","home_visible":0,"media_name":"Investors","id":"1085713068","head_image":"https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c"},"pubTimestamp":1619450804,"share":"https://ttm.financial/m/news/1194765641?lang=&edition=fundamental","pubTime":"2021-04-26 23:26","market":"us","language":"en","title":"Starbucks Stock Reported Mixed Earnings Results, Is It A Buy Right Now?","url":"https://stock-news.laohu8.com/highlight/detail?id=1194765641","media":"Investors","summary":"Seattle-basedStarbucks(SBUX) emerged as a coffeehouse giant in the 1990s with a meteoric rise, evolv","content":"<p>Seattle-based<b>Starbucks</b>(SBUX) emerged as a coffeehouse giant in the 1990s with a meteoric rise, evolving from a local concept into a global brand. Amid the current stock market rally, is Starbucks stocka buy?</p>\n<p>Starbucks Earnings</p>\n<p>In themost recent quarter— reported on Jan. 26 — Starbucks reported mixed fiscal Q1 results and gave weak Q2 views despite a forecast for China same-store sales to nearly double.</p>\n<p>Starbucks reported EPS of 61 cents on revenue of $6.75 billion. Wall Street expected Starbucks earnings per share to fall 30% to 55 cents, according to Zacks Investment Research. Revenue was seen tilting 3% lower to $6.87 billion.</p>\n<p>According to theIBD Stock Checkup,Starbucksstock has a weak 37 out of a highest-possible 99 IBD Composite Rating. TheComposite Ratingis designed to help investors easily measure a stock's fundamental and technical characteristics.</p>\n<p>Fundamentally, the company boasts a deteriorating track record of earnings growth, resulting in a 33 (out of a best-possible 99) EPS Rating. TheEPS Ratingmeasures a company's current quarterly earnings and annual earnings growth.</p>\n<p>Starbucks Stock News</p>\n<p>On March 15, amid the spreading coronavirus outbreak,Starbucks movedinto a \"to-go\" model for its stores in the U.S. and Canada for at least two weeks. Starbucks also said some of its stores in \"high-social gathering\" areas will be shuttered to help prevent the spread of the virus.&nbsp;The moves came in the wake of the U.S. government's call for more social distancing.</p>\n<p>On April 16, Starbucksannounced plans to reopenstores that closed during the coronavirus outbreak. In a letter to employees, CEO Kevin Johnson said, \"As we have experienced in China, we are now transitioning to a new phase that can best be described as 'monitor and adapt.\"</p>\n<p>In late April, the company said it would start reopening U.S. stores as soon as early May, with plans to have around 90% of company-run locations open by early June with modified hours and more safety measures, but management said \"routines may look a little bit different\" even for its most loyal customers.</p>\n<p>On May 4, the&nbsp;the coffee giant said it plans to reopen more than 85% of its U.S. corporate stores by end of this week. Dine-in services will remain closed for the time being.</p>\n<p>In a letter to employees on May 21, CEO Kevin Johnson said the company has reclaimed about 60% to 65% of its U.S. same-store sales over the last week, vs. the same period a year ago.</p>\n<p>Starbucks CFO Patrick Grismer, during a conference in September, said the coffee giant was on track to reach positive same-store sales in the U.S. by the end of its fiscal second quarter.</p>\n<p>Is Starbucks Stock A Buy Right Now?</p>\n<p>During the coronavirus stock market crash, Starbucks shares fell nearly 50% off their 52-week high. After a sharp rally, the stock hit all-time highs on Jan. 4 before backing off. Starbucks is trying to break out above a 108.85 buy point in a new flat base, according toMarketSmithchart analysis. The 5% buy zone goes up to 114.29.</p>\n<p>Starbucks stock tumbled nearly 2% Monday despite a price-target hike at Stifel Nicolaus. The analyst firm raised its price target from 115 to 125. The stock remains out of buy range. So, Starbucks is no longer a potential buy right now since it's out of buy range. Meanwhile, a lack of strong fundamentals could be a deterrent to growth investors.</p>\n<p>For more leading stocks and stocks approaching buy points, check out these&nbsp;IBD Stock Lists, like the&nbsp;Stocks Near A Buy Zone.&nbsp;To see the current stock market trend, check out IBD's signature daily analysis,&nbsp;The Big Picture.</p>\n<p><i>Follow Scott Lehtonen on Twitter at @IBD_SLehtonen for more on stock market analysis and insight.</i></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>Starbucks Stock Reported Mixed Earnings Results, Is It A Buy Right Now?</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\">\nStarbucks Stock Reported Mixed Earnings Results, Is It A Buy Right Now?\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/608dd68a89ed486e18f64efe3136266c);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Investors </p>\n<p class=\"h-time\">2021-04-26 23:26</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Seattle-based<b>Starbucks</b>(SBUX) emerged as a coffeehouse giant in the 1990s with a meteoric rise, evolving from a local concept into a global brand. Amid the current stock market rally, is Starbucks stocka buy?</p>\n<p>Starbucks Earnings</p>\n<p>In themost recent quarter— reported on Jan. 26 — Starbucks reported mixed fiscal Q1 results and gave weak Q2 views despite a forecast for China same-store sales to nearly double.</p>\n<p>Starbucks reported EPS of 61 cents on revenue of $6.75 billion. Wall Street expected Starbucks earnings per share to fall 30% to 55 cents, according to Zacks Investment Research. Revenue was seen tilting 3% lower to $6.87 billion.</p>\n<p>According to theIBD Stock Checkup,Starbucksstock has a weak 37 out of a highest-possible 99 IBD Composite Rating. TheComposite Ratingis designed to help investors easily measure a stock's fundamental and technical characteristics.</p>\n<p>Fundamentally, the company boasts a deteriorating track record of earnings growth, resulting in a 33 (out of a best-possible 99) EPS Rating. TheEPS Ratingmeasures a company's current quarterly earnings and annual earnings growth.</p>\n<p>Starbucks Stock News</p>\n<p>On March 15, amid the spreading coronavirus outbreak,Starbucks movedinto a \"to-go\" model for its stores in the U.S. and Canada for at least two weeks. Starbucks also said some of its stores in \"high-social gathering\" areas will be shuttered to help prevent the spread of the virus.&nbsp;The moves came in the wake of the U.S. government's call for more social distancing.</p>\n<p>On April 16, Starbucksannounced plans to reopenstores that closed during the coronavirus outbreak. In a letter to employees, CEO Kevin Johnson said, \"As we have experienced in China, we are now transitioning to a new phase that can best be described as 'monitor and adapt.\"</p>\n<p>In late April, the company said it would start reopening U.S. stores as soon as early May, with plans to have around 90% of company-run locations open by early June with modified hours and more safety measures, but management said \"routines may look a little bit different\" even for its most loyal customers.</p>\n<p>On May 4, the&nbsp;the coffee giant said it plans to reopen more than 85% of its U.S. corporate stores by end of this week. Dine-in services will remain closed for the time being.</p>\n<p>In a letter to employees on May 21, CEO Kevin Johnson said the company has reclaimed about 60% to 65% of its U.S. same-store sales over the last week, vs. the same period a year ago.</p>\n<p>Starbucks CFO Patrick Grismer, during a conference in September, said the coffee giant was on track to reach positive same-store sales in the U.S. by the end of its fiscal second quarter.</p>\n<p>Is Starbucks Stock A Buy Right Now?</p>\n<p>During the coronavirus stock market crash, Starbucks shares fell nearly 50% off their 52-week high. After a sharp rally, the stock hit all-time highs on Jan. 4 before backing off. Starbucks is trying to break out above a 108.85 buy point in a new flat base, according toMarketSmithchart analysis. The 5% buy zone goes up to 114.29.</p>\n<p>Starbucks stock tumbled nearly 2% Monday despite a price-target hike at Stifel Nicolaus. The analyst firm raised its price target from 115 to 125. The stock remains out of buy range. So, Starbucks is no longer a potential buy right now since it's out of buy range. Meanwhile, a lack of strong fundamentals could be a deterrent to growth investors.</p>\n<p>For more leading stocks and stocks approaching buy points, check out these&nbsp;IBD Stock Lists, like the&nbsp;Stocks Near A Buy Zone.&nbsp;To see the current stock market trend, check out IBD's signature daily analysis,&nbsp;The Big Picture.</p>\n<p><i>Follow Scott Lehtonen on Twitter at @IBD_SLehtonen for more on stock market analysis and insight.</i></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SBUX":"星巴克"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194765641","content_text":"Seattle-basedStarbucks(SBUX) emerged as a coffeehouse giant in the 1990s with a meteoric rise, evolving from a local concept into a global brand. Amid the current stock market rally, is Starbucks stocka buy?\nStarbucks Earnings\nIn themost recent quarter— reported on Jan. 26 — Starbucks reported mixed fiscal Q1 results and gave weak Q2 views despite a forecast for China same-store sales to nearly double.\nStarbucks reported EPS of 61 cents on revenue of $6.75 billion. Wall Street expected Starbucks earnings per share to fall 30% to 55 cents, according to Zacks Investment Research. Revenue was seen tilting 3% lower to $6.87 billion.\nAccording to theIBD Stock Checkup,Starbucksstock has a weak 37 out of a highest-possible 99 IBD Composite Rating. TheComposite Ratingis designed to help investors easily measure a stock's fundamental and technical characteristics.\nFundamentally, the company boasts a deteriorating track record of earnings growth, resulting in a 33 (out of a best-possible 99) EPS Rating. TheEPS Ratingmeasures a company's current quarterly earnings and annual earnings growth.\nStarbucks Stock News\nOn March 15, amid the spreading coronavirus outbreak,Starbucks movedinto a \"to-go\" model for its stores in the U.S. and Canada for at least two weeks. Starbucks also said some of its stores in \"high-social gathering\" areas will be shuttered to help prevent the spread of the virus. The moves came in the wake of the U.S. government's call for more social distancing.\nOn April 16, Starbucksannounced plans to reopenstores that closed during the coronavirus outbreak. In a letter to employees, CEO Kevin Johnson said, \"As we have experienced in China, we are now transitioning to a new phase that can best be described as 'monitor and adapt.\"\nIn late April, the company said it would start reopening U.S. stores as soon as early May, with plans to have around 90% of company-run locations open by early June with modified hours and more safety measures, but management said \"routines may look a little bit different\" even for its most loyal customers.\nOn May 4, the the coffee giant said it plans to reopen more than 85% of its U.S. corporate stores by end of this week. Dine-in services will remain closed for the time being.\nIn a letter to employees on May 21, CEO Kevin Johnson said the company has reclaimed about 60% to 65% of its U.S. same-store sales over the last week, vs. the same period a year ago.\nStarbucks CFO Patrick Grismer, during a conference in September, said the coffee giant was on track to reach positive same-store sales in the U.S. by the end of its fiscal second quarter.\nIs Starbucks Stock A Buy Right Now?\nDuring the coronavirus stock market crash, Starbucks shares fell nearly 50% off their 52-week high. After a sharp rally, the stock hit all-time highs on Jan. 4 before backing off. Starbucks is trying to break out above a 108.85 buy point in a new flat base, according toMarketSmithchart analysis. The 5% buy zone goes up to 114.29.\nStarbucks stock tumbled nearly 2% Monday despite a price-target hike at Stifel Nicolaus. The analyst firm raised its price target from 115 to 125. The stock remains out of buy range. So, Starbucks is no longer a potential buy right now since it's out of buy range. Meanwhile, a lack of strong fundamentals could be a deterrent to growth investors.\nFor more leading stocks and stocks approaching buy points, check out these IBD Stock Lists, like the Stocks Near A Buy Zone. To see the current stock market trend, check out IBD's signature daily analysis, The Big Picture.\nFollow Scott Lehtonen on Twitter at @IBD_SLehtonen for more on stock market analysis and insight.","news_type":1},"isVote":1,"tweetType":1,"viewCount":270,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120321630,"gmtCreate":1624302905720,"gmtModify":1703832928218,"author":{"id":"3582007904253409","authorId":"3582007904253409","name":"bensensei","avatar":"https://static.tigerbbs.com/9947fa6b560026d3b1da78082e094170","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582007904253409","idStr":"3582007904253409"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120321630","repostId":"2145084835","repostType":4,"repost":{"id":"2145084835","kind":"highlight","pubTimestamp":1624280460,"share":"https://ttm.financial/m/news/2145084835?lang=&edition=fundamental","pubTime":"2021-06-21 21:01","market":"us","language":"en","title":"5 Ultra-Popular Stocks Wall Street Views as Overvalued","url":"https://stock-news.laohu8.com/highlight/detail?id=2145084835","media":"Motley Fool","summary":"If analysts are correct, these high-flying stocks will fizzle out over the next year.","content":"<p>Generally speaking, it pays to be bullish on Wall Street. Despite navigating its way through Black Monday in 1987, the dot-com bubble, the Great Recession, and more recently the coronavirus crash, the average annual total return for the benchmark <b>S&amp;P 500</b> since 1980, including dividends, is north of 11%.</p>\n<p>Not surprisingly, we see this optimism readily apparent in Wall Street's ratings on stocks. According to <b>FactSet</b>, more than half of all stocks carry a consensus buy rating, 38% have the equivalent of a hold rating, and just 7% are rated as sells. Yet, history shows that far more than 7% of stocks will eventually head lower.</p>\n<p>Based on Wall Street's consensus price targets, the following five ultra-popular stocks are all expected to lose value over the coming 12 months.</p>\n<p><img src=\"https://static.tigerbbs.com/b04ade705354c4825038c4dfcd0187d9\" tg-width=\"700\" tg-height=\"500\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h3>Palantir Technologies: Implied downside of 12%</h3>\n<p>Since its direct listing in late September 2020, data-mining company <b>Palantir Technologies</b> (NYSE:PLTR) has been a favorite among growth and retail investors. But if Wall Street's <a href=\"https://laohu8.com/S/AONE\">one</a>-year consensus price target proves accurate, Palantir will head in reverse by up to 12%.</p>\n<p>The likeliest reason Wall Street is tempering expectations on Palantir is valuation. Specifically, Palantir ended June 17 with a market cap of nearly $48 billion, but is on track to bring in perhaps $1.5 billion in full-year sales in 2021. That's a multiple of about 32 times sales. Even if Palantir continues to grow its top-line at 30% annually, it could take years for this price-to-sales multiple to come down to anywhere close to the average for cloud stocks.</p>\n<p>Another possible concern is the growth potential for its government-focused Gotham platform. Big government contract wins in the U.S. have been primarily responsible for Palantir's exceptional growth rate. However, there remains an outside chance that President Joe Biden may curb funding to some of the federal agencies that employ Palantir's services.</p>\n<p>Over the long run, I'm optimistic and believe Palantir's platform is unlike anything else available. But tempering near-term expectations given its valuation premium may be warranted.</p>\n<p><img src=\"https://static.tigerbbs.com/a38605bee8e62f3e8aa414fa24278e7e\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h3>Moderna: Implied downside of 11%</h3>\n<p>Biotech stock <b>Moderna</b> (NASDAQ:MRNA) is arguably the biggest beneficiary of the coronavirus disease 2019 (COVID-19) pandemic. It's <a href=\"https://laohu8.com/S/AONE.U\">one</a> of only three drugmakers to currently have their COVID-19 vaccine approved on an emergency-use authorization (EUA) basis in the United States. But if Wall Street's consensus 12-month price target is correct, it's stock is also on its way to a double-digit decline.</p>\n<p>Why the lack of love from Wall Street? The answer looks to be analysts looking to the future. While Moderna's COVID-19 vaccine is a mainstay in the U.S., and it's likely to play a clear role in other markets, time might prove the company's enemy. Over time, new vaccines are expected to come onto the scene, which'll eat away at Moderna's potential pool of patients.</p>\n<p>The other worry is that no one is exactly certain how long COVID-19 vaccine immunity will last. If it's a year, Moderna is unlikely to be the only drugmaker supplying booster shots. Meanwhile, if it's longer than a year, it means reduced sales opportunities for the company.</p>\n<p>Based solely on Wall Street's earnings per share consensus in 2021 and 2022, Moderna appears reasonably priced. But with the company staring down a potentially significant haircut in revenue next year as new drugmakers enter the space, caution is advised.</p>\n<p><img src=\"https://static.tigerbbs.com/07841e6a8173146a0fbfddf95a0f1ccb\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h3>GameStop: Implied downside of 71%</h3>\n<p>This will probably come as a shock to no one, but Reddit favorite <b>GameStop</b> (NYSE:GME) is fully expected to fall flat on its face. Even though Wall Street's consensus price target for the company has quintupled in recent months, it <i>still</i> implies up to 71% downside over the next year.</p>\n<p>The biggest issue for GameStop is that its valuation has completely detached from its underlying fundamentals. While it's not uncommon for stocks to trade on emotion for short periods of time, operating performance is what always dictates the long-term movement in the share price of a stock. When it comes to operating performance, GameStop has been a dud.</p>\n<p>Although the company's first-quarter fiscal results highlighted a 25% net sales increase from the prior-year period, total sales for the company have been falling precipitously for years. That's because video game retailer GameStop recognized the shift to digital gaming too late, and it's now stuck with its massive portfolio of brick-and-mortar gaming stores. Even though e-commerce sales have been a bright spot for the company, slashing costs and closing stores remains its No. 1 priority.</p>\n<p>With sufficient cash, bankruptcy isn't a concern for GameStop. But without any true top-line growth and the company still losing money, it's an impossible sell at its current price tag.</p>\n<p><img src=\"https://static.tigerbbs.com/c7ff785aa0040a5565d474390f58b47a\" tg-width=\"700\" tg-height=\"457\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h3>Ocugen: Implied downside of 18%</h3>\n<p>Volatile clinical-stage biotech stock <b>Ocugen</b> (NASDAQ:OCGN) may also be in for an unpleasant next 12 months. The company behind an experimental COVID-19 vaccine (Covaxin) and a trio of internally developed eye-blindness candidates is expected to shed 18% of its value, if Wall Street's consensus price target is correct.</p>\n<p>Arguably the biggest issue for Ocugen is the clinical update the company issued on June 10 concerning Covaxin. Even though partner Bharat Biotech led a large clinical study in India that yielded an overall efficacy of 78%, along with 100% efficacy in preventing severe forms of COVID-19, Ocugen announced on June 10 that it would forgo seeking an EUA in the U.S. and would instead file for a biologics license application. In other words, Ocugen's path to a quick emergency approval in the U.S. just flew out the window.</p>\n<p>What's more, the U.S. Food and Drug Administration's requested additional information and data on Covaxin. This is a fancy of saying that Ocugen will very likely have to run a clinical study in the U.S. prior to submitting Covaxin for approval. That means added costs and an even longer wait before Ocugen has a chance to penetrate the lucrative U.S. market.</p>\n<p>Though it's impossible to predict how long COVID-19 vaccine immunity will last, Ocugen's chances of being a significant player in the U.S. COVID-19 vaccine space are dwindling.</p>\n<p><img src=\"https://static.tigerbbs.com/91f6037829ea3fb0ae1cae0b95d8d11e\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h3>NVIDIA: Implied downside of 3%</h3>\n<p>Don't adjust your computer, laptop, or smartphone screens -- that really says <b>NVIDIA</b> (NASDAQ:NVDA). Following its incredible run higher (NVIDIA has doubled over the past year), graphics processing unit giant NVIDIA closed 3% above Wall Street's consensus price target, as of June 17.</p>\n<p>One reason for tempered expectations at this point has to be valuation. Even with NVIDIA crushing expectations and seeing strong PC gaming demand, sales growth is expected to slow from an estimated 49% in fiscal 2022 to a high single digit percentage in each of the next two fiscal years. In fact, the company closed at nearly 20 times projected sales for the current fiscal year. That's a bit optimistic given an expected sales growth slowdown.</p>\n<p>Perhaps the other reason Wall Street expects NVIDIA to go sideways is the company's cryptocurrency mining chip segment. While sales of crypto chips could hit $400 million in the current quarter, demand is entirely dependent on the hype surrounding digital currencies and the favorability of technical charts. Crypto is just as well known for its long bear markets as it is for the big gains it's delivered over the past decade. If another lull strikes, a fast-growing ancillary segment for NVIDA could easily become a drag.</p>\n<p>For what it's worth, I see no fundamental reasons to sell NVIDIA if you're already a long-term shareholder. But if you're on the outside looking in, I don't exactly see $746 as an attractive entry point, either.</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>5 Ultra-Popular Stocks Wall Street Views as Overvalued</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\">\n5 Ultra-Popular Stocks Wall Street Views as Overvalued\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 21:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/21/5-ultra-popular-stocks-wall-street-view-overvalued/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Generally speaking, it pays to be bullish on Wall Street. Despite navigating its way through Black Monday in 1987, the dot-com bubble, the Great Recession, and more recently the coronavirus crash, the...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/21/5-ultra-popular-stocks-wall-street-view-overvalued/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达","OCGN":"Ocugen","GME":"游戏驿站","MRNA":"Moderna, Inc.","PLTR":"Palantir Technologies Inc."},"source_url":"https://www.fool.com/investing/2021/06/21/5-ultra-popular-stocks-wall-street-view-overvalued/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145084835","content_text":"Generally speaking, it pays to be bullish on Wall Street. Despite navigating its way through Black Monday in 1987, the dot-com bubble, the Great Recession, and more recently the coronavirus crash, the average annual total return for the benchmark S&P 500 since 1980, including dividends, is north of 11%.\nNot surprisingly, we see this optimism readily apparent in Wall Street's ratings on stocks. According to FactSet, more than half of all stocks carry a consensus buy rating, 38% have the equivalent of a hold rating, and just 7% are rated as sells. Yet, history shows that far more than 7% of stocks will eventually head lower.\nBased on Wall Street's consensus price targets, the following five ultra-popular stocks are all expected to lose value over the coming 12 months.\n\nImage source: Getty Images.\nPalantir Technologies: Implied downside of 12%\nSince its direct listing in late September 2020, data-mining company Palantir Technologies (NYSE:PLTR) has been a favorite among growth and retail investors. But if Wall Street's one-year consensus price target proves accurate, Palantir will head in reverse by up to 12%.\nThe likeliest reason Wall Street is tempering expectations on Palantir is valuation. Specifically, Palantir ended June 17 with a market cap of nearly $48 billion, but is on track to bring in perhaps $1.5 billion in full-year sales in 2021. That's a multiple of about 32 times sales. Even if Palantir continues to grow its top-line at 30% annually, it could take years for this price-to-sales multiple to come down to anywhere close to the average for cloud stocks.\nAnother possible concern is the growth potential for its government-focused Gotham platform. Big government contract wins in the U.S. have been primarily responsible for Palantir's exceptional growth rate. However, there remains an outside chance that President Joe Biden may curb funding to some of the federal agencies that employ Palantir's services.\nOver the long run, I'm optimistic and believe Palantir's platform is unlike anything else available. But tempering near-term expectations given its valuation premium may be warranted.\n\nImage source: Getty Images.\nModerna: Implied downside of 11%\nBiotech stock Moderna (NASDAQ:MRNA) is arguably the biggest beneficiary of the coronavirus disease 2019 (COVID-19) pandemic. It's one of only three drugmakers to currently have their COVID-19 vaccine approved on an emergency-use authorization (EUA) basis in the United States. But if Wall Street's consensus 12-month price target is correct, it's stock is also on its way to a double-digit decline.\nWhy the lack of love from Wall Street? The answer looks to be analysts looking to the future. While Moderna's COVID-19 vaccine is a mainstay in the U.S., and it's likely to play a clear role in other markets, time might prove the company's enemy. Over time, new vaccines are expected to come onto the scene, which'll eat away at Moderna's potential pool of patients.\nThe other worry is that no one is exactly certain how long COVID-19 vaccine immunity will last. If it's a year, Moderna is unlikely to be the only drugmaker supplying booster shots. Meanwhile, if it's longer than a year, it means reduced sales opportunities for the company.\nBased solely on Wall Street's earnings per share consensus in 2021 and 2022, Moderna appears reasonably priced. But with the company staring down a potentially significant haircut in revenue next year as new drugmakers enter the space, caution is advised.\n\nImage source: Getty Images.\nGameStop: Implied downside of 71%\nThis will probably come as a shock to no one, but Reddit favorite GameStop (NYSE:GME) is fully expected to fall flat on its face. Even though Wall Street's consensus price target for the company has quintupled in recent months, it still implies up to 71% downside over the next year.\nThe biggest issue for GameStop is that its valuation has completely detached from its underlying fundamentals. While it's not uncommon for stocks to trade on emotion for short periods of time, operating performance is what always dictates the long-term movement in the share price of a stock. When it comes to operating performance, GameStop has been a dud.\nAlthough the company's first-quarter fiscal results highlighted a 25% net sales increase from the prior-year period, total sales for the company have been falling precipitously for years. That's because video game retailer GameStop recognized the shift to digital gaming too late, and it's now stuck with its massive portfolio of brick-and-mortar gaming stores. Even though e-commerce sales have been a bright spot for the company, slashing costs and closing stores remains its No. 1 priority.\nWith sufficient cash, bankruptcy isn't a concern for GameStop. But without any true top-line growth and the company still losing money, it's an impossible sell at its current price tag.\n\nImage source: Getty Images.\nOcugen: Implied downside of 18%\nVolatile clinical-stage biotech stock Ocugen (NASDAQ:OCGN) may also be in for an unpleasant next 12 months. The company behind an experimental COVID-19 vaccine (Covaxin) and a trio of internally developed eye-blindness candidates is expected to shed 18% of its value, if Wall Street's consensus price target is correct.\nArguably the biggest issue for Ocugen is the clinical update the company issued on June 10 concerning Covaxin. Even though partner Bharat Biotech led a large clinical study in India that yielded an overall efficacy of 78%, along with 100% efficacy in preventing severe forms of COVID-19, Ocugen announced on June 10 that it would forgo seeking an EUA in the U.S. and would instead file for a biologics license application. In other words, Ocugen's path to a quick emergency approval in the U.S. just flew out the window.\nWhat's more, the U.S. Food and Drug Administration's requested additional information and data on Covaxin. This is a fancy of saying that Ocugen will very likely have to run a clinical study in the U.S. prior to submitting Covaxin for approval. That means added costs and an even longer wait before Ocugen has a chance to penetrate the lucrative U.S. market.\nThough it's impossible to predict how long COVID-19 vaccine immunity will last, Ocugen's chances of being a significant player in the U.S. COVID-19 vaccine space are dwindling.\n\nImage source: Getty Images.\nNVIDIA: Implied downside of 3%\nDon't adjust your computer, laptop, or smartphone screens -- that really says NVIDIA (NASDAQ:NVDA). Following its incredible run higher (NVIDIA has doubled over the past year), graphics processing unit giant NVIDIA closed 3% above Wall Street's consensus price target, as of June 17.\nOne reason for tempered expectations at this point has to be valuation. Even with NVIDIA crushing expectations and seeing strong PC gaming demand, sales growth is expected to slow from an estimated 49% in fiscal 2022 to a high single digit percentage in each of the next two fiscal years. In fact, the company closed at nearly 20 times projected sales for the current fiscal year. That's a bit optimistic given an expected sales growth slowdown.\nPerhaps the other reason Wall Street expects NVIDIA to go sideways is the company's cryptocurrency mining chip segment. While sales of crypto chips could hit $400 million in the current quarter, demand is entirely dependent on the hype surrounding digital currencies and the favorability of technical charts. Crypto is just as well known for its long bear markets as it is for the big gains it's delivered over the past decade. If another lull strikes, a fast-growing ancillary segment for NVIDA could easily become a drag.\nFor what it's worth, I see no fundamental reasons to sell NVIDIA if you're already a long-term shareholder. But if you're on the outside looking in, I don't exactly see $746 as an attractive entry point, either.","news_type":1},"isVote":1,"tweetType":1,"viewCount":283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164650659,"gmtCreate":1624202533871,"gmtModify":1703830572980,"author":{"id":"3582007904253409","authorId":"3582007904253409","name":"bensensei","avatar":"https://static.tigerbbs.com/9947fa6b560026d3b1da78082e094170","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582007904253409","idStr":"3582007904253409"},"themes":[],"htmlText":"Goid","listText":"Goid","text":"Goid","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164650659","repostId":"1161408410","repostType":4,"repost":{"id":"1161408410","kind":"news","pubTimestamp":1624065771,"share":"https://ttm.financial/m/news/1161408410?lang=&edition=fundamental","pubTime":"2021-06-19 09:22","market":"us","language":"en","title":"Wall Street Crime And Punishment: The Rise And Fall Of Crazy Eddie","url":"https://stock-news.laohu8.com/highlight/detail?id=1161408410","media":"benzinga","summary":"Wall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicling the bankers,","content":"<p><i>Wall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicling the bankers, brokers and financial ne’er-do-wells whose ambition and greed take them in the wrong direction.</i></p>\n<p>If you were living in the New York metropolitan area during the 1970s and 1980s, you probably remember the commercials for the Crazy Eddie electronics retail chain. They were impossible to miss:&nbsp;More than 7,500 spots featuring a frenetic, motor-mouthed spokesperson bombilating frenetically about the “in-saaaaaaaaane” discounts offered by the store.</p>\n<p>Crazy Eddie was never the biggest retail operation in the region. At its peak, there were only 43 locations spread across four states.</p>\n<p>But the ubiquity of the commercials made it seem more prominent than it actually was, and the excess attention eventually brought harsh spotlights on the financial chicanery perpetrated by its chief executive,<b>Eddie Antar.</b></p>\n<p><b>An Audacious Start:</b>Eddie Antar was born in Brooklyn, New York,&nbsp;on Dec. 18, 1947, the grandson of Syrian Jewish immigrants. Antar was an intelligent youth but found school boring, dropping out at 16 to work odd jobs before setting up a small stand at New York’s Port Authority in the heart of Manhattan where he sold portable televisions. While Antar belatedly realized he had the wrong product line in the wrong location, he used the experience to sharpen his sales skills.</p>\n<p>By 1969, Antar saved up enough money to go into business with his father Sam and cousin named Ronnie Gindi, creating a retail operation called ERS Electronics. They opened an electronics store in the Kings Highway business shopping district in Brooklyn called Sights and Sounds.</p>\n<p>At the time, small and independently-owned electronics retailers operated at a significant disadvantage against major chains due to the fair trade laws of the era that enabled manufacturers to establish a single standard retail price&nbsp;all retailers needed to list. To stand out from the competition, Antar challenged the laws by marking down his merchandise, thus offering a discount absent elsewhere in this retail sector.</p>\n<p>Some manufacturers got wise to this and refused to do business with Antar, but he circumvented their boycott by purchasing excess stock from other businesses and obtaining products through grey-market channels from overseas sources.</p>\n<p>The stress was great and Gindi eventually lost interest in the enterprise, selling his one-third of the business to Antar.</p>\n<p>But how could the store remain afloat financially through its seemingly reckless discounting? As Antar’s father Sam would later recall in an interview, the lo-fi nature of old-school retailing work&nbsp;enabled them to put their ethics on hold.</p>\n<p>“Back then, most customers paid in cash,” he said. “If we don’t disclose the sale, we keep the sales tax. That’s a good cushion to be able to afford to beat the competition.”</p>\n<p>Sights and Sounds began to attract bargain hunters from outside of Brooklyn and Antar turned into something of a one-man, in-store comedy show, going so far as taking the shoes of cash-strapped customers who wanted to buy stereos for deposits and jokingly preventing shoppers from leaving unless they made a purchase.</p>\n<p>Antar’s shtick was so amusing that his first wife Deborah came home one evening in 1971 with a story about how one of her co-workers was talking about his shopping trip to Sights and Sounds.</p>\n<p>The co-worker, who was unaware of Deborah’s connection to the store, talked happily about dealing with a salesperson that he dubbed “Crazy Eddie.” At that point, Antar decided to change the name of Sights and Sounds to Crazy Eddie.</p>\n<p><b>An Advertising Assault:</b>The fair trade law that initially stifled Antar and other smaller businesses was repealed in 1972. Antar’s aggressive discounting and colorful personality enabled him to prepare for a business expansion —&nbsp;he moved to a larger store on Kings Highway, then opened a location in the Long Island town of Syosset in 1973 and in the heart of Manhattan in 1975.</p>\n<p>Antar recognized how his larger competitors used advertising to their advantage, and in 1972 he began marketing his business over the airwaves via WPIX-FM, a popular music station that mixed rock oldies with current Top 40 hits. Antar created an ad copy script that would be read live on the air by Jerry Carroll, one of the station’s disk jockeys. But Carroll decided to improvise, reading the copy in a mock-frenzied manner and creating a new closing line with “Crazy Eddie —&nbsp;his prices are in-saaaaaaaaane.”</p>\n<p>Rather than be upset by the deviation to the script, Antar was ecstatic with Carroll’s flippant approach as&nbsp;his delivery stood out wildly from the other advertising running on the station. Antar contracted Carroll to be his on-air pitchman for radio, and in 1975 Carroll was brought in front of the cameras for a television campaign.</p>\n<p>It was through the television commercials&nbsp;Crazy Eddie became the center of consumer attention. For the next 10 years, the commercials offered endless variations on the same set-up: Carroll wore the same outfit — a dark blazer and a turtleneck sweater —&nbsp;and stood surrounded by displays of the electronics being peddled.</p>\n<p>Each commercial ran about 30 seconds, but Carroll spoke so rapidly that it seemed he was trying to cover 60 seconds of a script in half of his allotted time.</p>\n<p>Carroll’s physical delivery was comically spastic, with flailing arms, bulging eyes and the most manic smile this side of the Joker.</p>\n<p>He would inevitably challenge shoppers to “shop around, get the best prices you can find, then bring ’em to Crazy Eddie and he’ll beat ’em.” And each commercial ended with Carroll stretching his arms out while proclaiming, “Crazy Eddie —&nbsp;his prices are in-saaaaaaaaane.”</p>\n<p>There would be a few variations to the presentation, including a Christmas season ad campaign and a “Christmas in August” summertime effort with Carroll dressed in a Santa suit while being pelted with Styrofoam snowballs and papery snowflakes.</p>\n<p>A couple of movie spoof spots put Carroll in parodies of “Casablanca,” “Saturday Night Fever,” “Superman” and “10,” and one ad had a man in a gorilla suit grunting dialogue while subtitles offered simian-to-English translations.</p>\n<p><b>Not So Funny:</b>After the commercials came on in full force, Crazy Eddie generated $350 million in annual revenue during its prime years.</p>\n<p>But as Crazy Eddie grew, Antar’s approach to business became more problematic: cash payments were not recorded, the sales tax was pocketed and employees received off-the-books pay rather than paychecks that clearly deducted federal and state taxes.</p>\n<p>Antar helped finance his cousin Sam Antar’s college education and brought him on as a chief financial officer, but Sam would later recall this was not done out of love of family.</p>\n<p>“The whole purpose of the business was to commit premeditated fraud,” Sam recounted in an interview with MentalFloss.com. “My family put me through college to help them commit more sophisticated fraud in the future. I was trained to be a criminal.</p>\n<p>\"People have a certain idea of Crazy Eddie —&nbsp;in reality, it was a dark criminal enterprise.”</p>\n<p>Antar initially kept his ill-gotten gains hidden within his home, but later began sending the money far into the world. Offshore bank accounts in Canada, Gibraltar, Israel, Liberia, Luxembourg, Panama and Switzerland were set up, and by the early 1980s, Antar and his family were skimming upwards of $4 million annually in unreported income and unpaid taxes.</p>\n<p>Eventually, the graft became too big to easily hide. The solution, Antar theorized, was not to hide but to be in the greatest spotlight imaginable:&nbsp;Antar decided to take Crazy Eddie public.</p>\n<p><b>Hello, Wall Street:</b>Crazy Eddie conducted its initial public offering on Sept. 13, 1984, taking the NASDAQ symbol CRZY. The popularity of the television commercials helped bring in the initial wave of investor interest, while gourmet-level cooked books gave the phony impression of a well-run retail operation.</p>\n<p>Two years after first trading at $8 a share, Crazy Eddie stock was at a split-adjusted $75 per share.</p>\n<p>Why Antar believed he could continue with his shenanigans amid the added scrutiny given to public companies is a mystery, but by 1987 he found himself in lethal shoals.</p>\n<p>The increased retail competition saw Crazy Eddie’s sales decline, resulting in a tumbling stock price.</p>\n<p>Antar announced his resignation in December 1986, but four months later he shocked shareholders by revealing he never stepped down —&nbsp;and&nbsp;while still at the helm, he sold off his shares in the company, gaining about $30 million in the transaction.</p>\n<p>The company had begun planning to go private when an outside investor group successfully agitated to take over what they believed to be a struggling but respectable company. But when their auditors came in, they were flabbergasted to find grossly exaggerated inventories of up to $28 million, $20 million in phony debit memos to vendors and sales reports that were closer to fiction than accountancy.</p>\n<p>The chain went bankrupt in 1989 and was forced to shut down its retail network. Federal and state investigations overwhelmed what remained of the Crazy Eddie and Antar was hit with an endless flurry of lawsuits.</p>\n<p>\"By any measure, this is a staggering securities fraud,\" said<b>Michael Chertoff</b>, the U.S. Attorney for New Jersey, who accused the Antars of creating \"a giant bubble\" rather than a successful business.</p>\n<p>By 1990, Antar disappeared after failing to appear at a court hearing. He obtained a phony U.S. passport issued to “Harry Page Shalom” and left the country. After a two-year global search, he was located in 1992 in a Tel Aviv suburb living under the name Alexander Stewart.</p>\n<p>Antar was brought back to the U.S. to find his cousin Sam Antar had taken a plea deal with federal prosecutors and agreed to testify against him in court.</p>\n<p>“There’s no better motivator than a 20-year prison term,” Sam Antar stated. “I didn’t cooperate because I found God. I cooperated to save my ass.”</p>\n<p>In July 2013, Antar was found guilty of 17 counts of fraud and sentenced to 12½ years in prison. Two years later, his verdicts were overturned on appeal.</p>\n<p>Rather than face the stress of another trial, Antar pleaded guilty to federal fraud charges in May 1996 and was sentenced in 1997 to eight years in prison.</p>\n<p><b>The Legend Lives On:</b>Antar was released after four years in prison and federal law enforcement officials managed to find more than $120 million from his offshore bank accounts, which was repaid to investors.</p>\n<p>Several attempts occurred over the subsequent years to revive the Crazy Eddie brand, first as a brick-and-mortar retailer and then as an e-commerce venture, but all of these efforts failed.</p>\n<p>In June 2019,<b>Jon Turteltaub</b>, the director of the “National Treasure” film franchise, announced plans to make a biopic about Antar. But that project has yet to come to life.</p>\n<p>Many of the Crazy Eddie commercials can be found on YouTube, and marketing experts consider them to be among the most imaginative and successful examples of television advertising.</p>\n<p>Antar stayed out of the public light after leaving prison and died of complications from liver cancer on Sept. 10, 2016. He never publicly spoke about his past, although in a brief late-life exchange with a Newark Star-Ledger reporter he acknowledged the unique impact he had on retailing.</p>\n<p>“Everybody knows Crazy Eddie,” he said. “What can I tell you? I changed the business. I changed the whole business.”</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>Wall Street Crime And Punishment: The Rise And Fall Of Crazy Eddie</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\">\nWall Street Crime And Punishment: The Rise And Fall Of Crazy Eddie\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-19 09:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/21/06/21596990/wall-street-crime-and-punishment-the-rise-and-fall-of-crazy-eddie><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicling the bankers, brokers and financial ne’er-do-wells whose ambition and greed take them in the wrong direction.\nIf ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/06/21596990/wall-street-crime-and-punishment-the-rise-and-fall-of-crazy-eddie\">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/news/21/06/21596990/wall-street-crime-and-punishment-the-rise-and-fall-of-crazy-eddie","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161408410","content_text":"Wall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicling the bankers, brokers and financial ne’er-do-wells whose ambition and greed take them in the wrong direction.\nIf you were living in the New York metropolitan area during the 1970s and 1980s, you probably remember the commercials for the Crazy Eddie electronics retail chain. They were impossible to miss: More than 7,500 spots featuring a frenetic, motor-mouthed spokesperson bombilating frenetically about the “in-saaaaaaaaane” discounts offered by the store.\nCrazy Eddie was never the biggest retail operation in the region. At its peak, there were only 43 locations spread across four states.\nBut the ubiquity of the commercials made it seem more prominent than it actually was, and the excess attention eventually brought harsh spotlights on the financial chicanery perpetrated by its chief executive,Eddie Antar.\nAn Audacious Start:Eddie Antar was born in Brooklyn, New York, on Dec. 18, 1947, the grandson of Syrian Jewish immigrants. Antar was an intelligent youth but found school boring, dropping out at 16 to work odd jobs before setting up a small stand at New York’s Port Authority in the heart of Manhattan where he sold portable televisions. While Antar belatedly realized he had the wrong product line in the wrong location, he used the experience to sharpen his sales skills.\nBy 1969, Antar saved up enough money to go into business with his father Sam and cousin named Ronnie Gindi, creating a retail operation called ERS Electronics. They opened an electronics store in the Kings Highway business shopping district in Brooklyn called Sights and Sounds.\nAt the time, small and independently-owned electronics retailers operated at a significant disadvantage against major chains due to the fair trade laws of the era that enabled manufacturers to establish a single standard retail price all retailers needed to list. To stand out from the competition, Antar challenged the laws by marking down his merchandise, thus offering a discount absent elsewhere in this retail sector.\nSome manufacturers got wise to this and refused to do business with Antar, but he circumvented their boycott by purchasing excess stock from other businesses and obtaining products through grey-market channels from overseas sources.\nThe stress was great and Gindi eventually lost interest in the enterprise, selling his one-third of the business to Antar.\nBut how could the store remain afloat financially through its seemingly reckless discounting? As Antar’s father Sam would later recall in an interview, the lo-fi nature of old-school retailing work enabled them to put their ethics on hold.\n“Back then, most customers paid in cash,” he said. “If we don’t disclose the sale, we keep the sales tax. That’s a good cushion to be able to afford to beat the competition.”\nSights and Sounds began to attract bargain hunters from outside of Brooklyn and Antar turned into something of a one-man, in-store comedy show, going so far as taking the shoes of cash-strapped customers who wanted to buy stereos for deposits and jokingly preventing shoppers from leaving unless they made a purchase.\nAntar’s shtick was so amusing that his first wife Deborah came home one evening in 1971 with a story about how one of her co-workers was talking about his shopping trip to Sights and Sounds.\nThe co-worker, who was unaware of Deborah’s connection to the store, talked happily about dealing with a salesperson that he dubbed “Crazy Eddie.” At that point, Antar decided to change the name of Sights and Sounds to Crazy Eddie.\nAn Advertising Assault:The fair trade law that initially stifled Antar and other smaller businesses was repealed in 1972. Antar’s aggressive discounting and colorful personality enabled him to prepare for a business expansion — he moved to a larger store on Kings Highway, then opened a location in the Long Island town of Syosset in 1973 and in the heart of Manhattan in 1975.\nAntar recognized how his larger competitors used advertising to their advantage, and in 1972 he began marketing his business over the airwaves via WPIX-FM, a popular music station that mixed rock oldies with current Top 40 hits. Antar created an ad copy script that would be read live on the air by Jerry Carroll, one of the station’s disk jockeys. But Carroll decided to improvise, reading the copy in a mock-frenzied manner and creating a new closing line with “Crazy Eddie — his prices are in-saaaaaaaaane.”\nRather than be upset by the deviation to the script, Antar was ecstatic with Carroll’s flippant approach as his delivery stood out wildly from the other advertising running on the station. Antar contracted Carroll to be his on-air pitchman for radio, and in 1975 Carroll was brought in front of the cameras for a television campaign.\nIt was through the television commercials Crazy Eddie became the center of consumer attention. For the next 10 years, the commercials offered endless variations on the same set-up: Carroll wore the same outfit — a dark blazer and a turtleneck sweater — and stood surrounded by displays of the electronics being peddled.\nEach commercial ran about 30 seconds, but Carroll spoke so rapidly that it seemed he was trying to cover 60 seconds of a script in half of his allotted time.\nCarroll’s physical delivery was comically spastic, with flailing arms, bulging eyes and the most manic smile this side of the Joker.\nHe would inevitably challenge shoppers to “shop around, get the best prices you can find, then bring ’em to Crazy Eddie and he’ll beat ’em.” And each commercial ended with Carroll stretching his arms out while proclaiming, “Crazy Eddie — his prices are in-saaaaaaaaane.”\nThere would be a few variations to the presentation, including a Christmas season ad campaign and a “Christmas in August” summertime effort with Carroll dressed in a Santa suit while being pelted with Styrofoam snowballs and papery snowflakes.\nA couple of movie spoof spots put Carroll in parodies of “Casablanca,” “Saturday Night Fever,” “Superman” and “10,” and one ad had a man in a gorilla suit grunting dialogue while subtitles offered simian-to-English translations.\nNot So Funny:After the commercials came on in full force, Crazy Eddie generated $350 million in annual revenue during its prime years.\nBut as Crazy Eddie grew, Antar’s approach to business became more problematic: cash payments were not recorded, the sales tax was pocketed and employees received off-the-books pay rather than paychecks that clearly deducted federal and state taxes.\nAntar helped finance his cousin Sam Antar’s college education and brought him on as a chief financial officer, but Sam would later recall this was not done out of love of family.\n“The whole purpose of the business was to commit premeditated fraud,” Sam recounted in an interview with MentalFloss.com. “My family put me through college to help them commit more sophisticated fraud in the future. I was trained to be a criminal.\n\"People have a certain idea of Crazy Eddie — in reality, it was a dark criminal enterprise.”\nAntar initially kept his ill-gotten gains hidden within his home, but later began sending the money far into the world. Offshore bank accounts in Canada, Gibraltar, Israel, Liberia, Luxembourg, Panama and Switzerland were set up, and by the early 1980s, Antar and his family were skimming upwards of $4 million annually in unreported income and unpaid taxes.\nEventually, the graft became too big to easily hide. The solution, Antar theorized, was not to hide but to be in the greatest spotlight imaginable: Antar decided to take Crazy Eddie public.\nHello, Wall Street:Crazy Eddie conducted its initial public offering on Sept. 13, 1984, taking the NASDAQ symbol CRZY. The popularity of the television commercials helped bring in the initial wave of investor interest, while gourmet-level cooked books gave the phony impression of a well-run retail operation.\nTwo years after first trading at $8 a share, Crazy Eddie stock was at a split-adjusted $75 per share.\nWhy Antar believed he could continue with his shenanigans amid the added scrutiny given to public companies is a mystery, but by 1987 he found himself in lethal shoals.\nThe increased retail competition saw Crazy Eddie’s sales decline, resulting in a tumbling stock price.\nAntar announced his resignation in December 1986, but four months later he shocked shareholders by revealing he never stepped down — and while still at the helm, he sold off his shares in the company, gaining about $30 million in the transaction.\nThe company had begun planning to go private when an outside investor group successfully agitated to take over what they believed to be a struggling but respectable company. But when their auditors came in, they were flabbergasted to find grossly exaggerated inventories of up to $28 million, $20 million in phony debit memos to vendors and sales reports that were closer to fiction than accountancy.\nThe chain went bankrupt in 1989 and was forced to shut down its retail network. Federal and state investigations overwhelmed what remained of the Crazy Eddie and Antar was hit with an endless flurry of lawsuits.\n\"By any measure, this is a staggering securities fraud,\" saidMichael Chertoff, the U.S. Attorney for New Jersey, who accused the Antars of creating \"a giant bubble\" rather than a successful business.\nBy 1990, Antar disappeared after failing to appear at a court hearing. He obtained a phony U.S. passport issued to “Harry Page Shalom” and left the country. After a two-year global search, he was located in 1992 in a Tel Aviv suburb living under the name Alexander Stewart.\nAntar was brought back to the U.S. to find his cousin Sam Antar had taken a plea deal with federal prosecutors and agreed to testify against him in court.\n“There’s no better motivator than a 20-year prison term,” Sam Antar stated. “I didn’t cooperate because I found God. I cooperated to save my ass.”\nIn July 2013, Antar was found guilty of 17 counts of fraud and sentenced to 12½ years in prison. Two years later, his verdicts were overturned on appeal.\nRather than face the stress of another trial, Antar pleaded guilty to federal fraud charges in May 1996 and was sentenced in 1997 to eight years in prison.\nThe Legend Lives On:Antar was released after four years in prison and federal law enforcement officials managed to find more than $120 million from his offshore bank accounts, which was repaid to investors.\nSeveral attempts occurred over the subsequent years to revive the Crazy Eddie brand, first as a brick-and-mortar retailer and then as an e-commerce venture, but all of these efforts failed.\nIn June 2019,Jon Turteltaub, the director of the “National Treasure” film franchise, announced plans to make a biopic about Antar. But that project has yet to come to life.\nMany of the Crazy Eddie commercials can be found on YouTube, and marketing experts consider them to be among the most imaginative and successful examples of television advertising.\nAntar stayed out of the public light after leaving prison and died of complications from liver cancer on Sept. 10, 2016. He never publicly spoke about his past, although in a brief late-life exchange with a Newark Star-Ledger reporter he acknowledged the unique impact he had on retailing.\n“Everybody knows Crazy Eddie,” he said. “What can I tell you? I changed the business. I changed the whole business.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":186,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166265018,"gmtCreate":1624012890834,"gmtModify":1703826530617,"author":{"id":"3582007904253409","authorId":"3582007904253409","name":"bensensei","avatar":"https://static.tigerbbs.com/9947fa6b560026d3b1da78082e094170","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582007904253409","idStr":"3582007904253409"},"themes":[],"htmlText":"Oh no&nbsp;","listText":"Oh no&nbsp;","text":"Oh no","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/166265018","repostId":"2144786627","repostType":4,"isVote":1,"tweetType":1,"viewCount":332,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":103420845,"gmtCreate":1619803869787,"gmtModify":1704272652852,"author":{"id":"3582007904253409","authorId":"3582007904253409","name":"bensensei","avatar":"https://static.tigerbbs.com/9947fa6b560026d3b1da78082e094170","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582007904253409","idStr":"3582007904253409"},"themes":[],"htmlText":"Hmmm","listText":"Hmmm","text":"Hmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/103420845","repostId":"1142063705","repostType":4,"repost":{"id":"1142063705","kind":"news","pubTimestamp":1619796118,"share":"https://ttm.financial/m/news/1142063705?lang=&edition=fundamental","pubTime":"2021-04-30 23:21","market":"us","language":"en","title":"Europe's antitrust crackdown on Apple hints at what's coming for the company in the U.S.","url":"https://stock-news.laohu8.com/highlight/detail?id=1142063705","media":"CNBC","summary":"For a long time, the European Commission seemed to stand apart from the U.S. in cracking down on tech giants with antitrust fines againstGoogleand privacy rules like the General Data Protection Regulation.“The Commission’s argument onSpotify’sbehalf is the opposite of fair competition,” Apple said in a statement following Vestager’s announcement, referring to the music streaming company that raised the competition complaint. Apple said Spotify wants “all the benefits of the App Store but don’t t","content":"<div>\n<p>For a long time, the European Commission seemed to stand apart from the U.S. in cracking down on tech giants with antitrust fines againstGoogleand privacy rules like the General Data Protection ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-leads-tech-crackdown-but-the-us-isnt-far-behind.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>Europe's antitrust crackdown on Apple hints at what's coming for the company in the U.S.</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\">\nEurope's antitrust crackdown on Apple hints at what's coming for the company in the U.S.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/30/eu-leads-tech-crackdown-but-the-us-isnt-far-behind.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For a long time, the European Commission seemed to stand apart from the U.S. in cracking down on tech giants with antitrust fines againstGoogleand privacy rules like the General Data Protection ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/eu-leads-tech-crackdown-but-the-us-isnt-far-behind.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.cnbc.com/2021/04/30/eu-leads-tech-crackdown-but-the-us-isnt-far-behind.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1142063705","content_text":"For a long time, the European Commission seemed to stand apart from the U.S. in cracking down on tech giants with antitrust fines againstGoogleand privacy rules like the General Data Protection Regulation.\nBut when the EU competition policy chief Margrethe Vestagerannounced Friday a preliminary findingthatApplehas abused its dominant power in the distribution of streaming music apps, the U.S. finally seems poised to move in a similar direction.\n“The Commission’s argument onSpotify’sbehalf is the opposite of fair competition,” Apple said in a statement following Vestager’s announcement, referring to the music streaming company that raised the competition complaint. Apple said Spotify wants “all the benefits of the App Store but don’t think they should have to pay anything for that,” by choosing to object to its 15-30% commission on in-app payments for streaming apps.\nApple isn’t currently facing any antitrust charges from government officials in the U.S. and such a lawsuit may never materialize, though the Department of Justice wasreportedly granted oversight of the company’s competitive practices in 2019. But even if the government declines to press charges, recent actions in Congress, state legislatures and in private lawsuits demonstrate a significant shift in the American public’s sentiment toward Apple and the tech industry at large.\nWhen the commissionslapped its first record competition fineagainstGooglein 2017, it wasn’t yet clear that the U.S. might be ready to move on from its once-cozy relationship with its booming tech industry. But in 2018, on the heels of the revelations of howFacebookuser data was used by analytics company Cambridge Analytica during the 2016 election, and increasing questions about how tech platforms can impact American democracy, that seemed to change.\nNow, as Europe continues to move forward with its probe into Apple, the U.S. no longer seems to be so far behind.\nHere’s where Apple stands to face risk of antitrust action or regulation in the U.S.:\nDOJ\nThe DOJ has already moved forward with a massive lawsuit against Google, so it could take some time if it decides to ramp up a probe into Apple. Though the DOJ’s Antitrust Division took on oversight authority of Apple in a 2019 agreement with the FTC, according to aWall Street Journal report, the Google investigation has seemed to take priority.\nStill, then-Attorney General Bill Barr announced later that year that the DOJ wouldconduct a broad antitrust review of Big Tech companies.\nAny action from the DOJ or state enforcers would take the form of a settlement or lawsuit, which would put Apple’s fate in the hands of the courts.\nPrivate lawsuits\nApple’s most immediate challenge in the U.S. has come from private companies bringing antitrust charges against its business in court.\nThe most notable of these lawsuits isfrom Fortnite-maker Epic Games, which is set to begin its trial on Monday. Epic filed its lawsuit with a PR blitz afterchallenging Apple’s in-app payment feeby advertising in its app an alternative, cheaper way to buy character outfits from Epic directly, violating Apple’s rules. That prompted Apple to remove Fortnite from its App Store. Epic filed the suit shortly after and Applefiled counterclaimsagainst Epic for allegedly breaching its contract.\n“Although Epic portrays itself as a modern corporate Robin Hood, in reality it is a multi-billion dollar enterprise that simply wants to pay nothing for the tremendous value it derives from the App Store,” Apple said in a filing with the District Court for the Northern District of California in September.\nCongress\nJust last week,several app-makers testified before the Senate Judiciary subcommittee on antitrust about the alleged anti-competitive harms they’ve facedfrom restrictions on both Apple and Google’s app stores.\nRepresentatives from Apple and Google told lawmakers they simply charge for the technology and the work they put into running the app stores, which have significantly lowered distribution costs for app developers over the years.\nBut witnesses from Tinder-ownerMatch Group, item-tracking device-maker Tile and Spotify painted a different picture.\n“We’re all afraid,” Match Group chief legal officer Jared Sine testified of the platforms’ broad power over their businesses.\nThe witnesses discussed the seemingly arbitrary nature by which Apple allegedly enforces its App Store rules. Spotify’s legal chief claimed Apple has threatened retaliation on numerous occasions and Tile’s top lawyer said Apple denied access to a key feature that wouldimprove their object-tracking product, before utilizing it for Apple’s own rival gadget,called AirTag.\nTile said that while Apple now makes the feature available for third-party developers to incorporate, accessing it would mean handing over a significant amount of data and control to Apple. Apple’s representative said its product is different from Tile’s and opening the feature in question will encourage further competition in the space.\nSenators at the hearing seemed receptive to the app developers’ complaints, which build on earlier claims made before House lawmakers. The House Judiciary subcommittee on antitrust found in a more than year-long probe thatAmazon, Apple, Facebook and Googleall hold monopoly power, and lawmakers are currently crafting bills to enable stronger antitrust enforcement of digital markets.\nState Legislatures\nSeveral state legislatures have beenconsidering bills that would require platforms like Apple and Google to allow app-makers to use their own payment processing systems. While the bills have so far hadvarying degrees of successin the early stages of lawmaking, passage in one state could raise a host of questions about how it should be enforced given the ambiguous nature of digital borders.\nThe bills have been supported by the Coalition for App Fairness, a group of companies that have complained about app store fees, including Epic Games, Match Group and Spotify.\nApple has often argued that it maintains features like payments within its own ecosystem in order to protect consumers and secure their data, though app developers and lawmakers have expressed skepticism about that reasoning.","news_type":1},"isVote":1,"tweetType":1,"viewCount":283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161495693,"gmtCreate":1623937525912,"gmtModify":1703823967606,"author":{"id":"3582007904253409","authorId":"3582007904253409","name":"bensensei","avatar":"https://static.tigerbbs.com/9947fa6b560026d3b1da78082e094170","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582007904253409","idStr":"3582007904253409"},"themes":[],"htmlText":"No way","listText":"No way","text":"No way","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161495693","repostId":"2144174158","repostType":4,"repost":{"id":"2144174158","kind":"news","pubTimestamp":1623936360,"share":"https://ttm.financial/m/news/2144174158?lang=&edition=fundamental","pubTime":"2021-06-17 21:26","market":"us","language":"en","title":"Daimler speeds up shift to electric vehicles, Manager Magazin reports","url":"https://stock-news.laohu8.com/highlight/detail?id=2144174158","media":"StreetInsider","summary":"LONDON (Reuters) - Daimler AG will accelerate the launch of electric cars slated for the middle of t","content":"<p>LONDON (Reuters) - Daimler AG will accelerate the launch of electric cars slated for the middle of this decade while phasing out fossil-fuel versions, as it revamps its electrification strategy, Manager Magazin reported on Thursday.</p>\n<p>Many of the electric vehicle models the German carmaker has planned for 2024 or 2025 will be moved forward a year and their fossil-fuel equivalents will be dropped from the lineup, the magazine reported, citing sources close to the matter.</p>\n<p>According to the magazine, Daimler Chief Executive Ola Källenius would like to announce the changes before the summer break this year and hold a capital markets day.</p>\n<p>A Daimler spokesman declined to comment on the report.</p>\n<p>The Mercedes-Benz maker said in March it would accelerate its shift to electric cars, but provided no details of how fast its car line-up will go electric.</p>\n<p>Some carmakers have announced firm plans to go all-electric. Volvo, for instance, says all of its cars will be battery electric vehicles by 2030.</p>\n<p>European campaign group Transport and Environment (T&amp;E) said this week that some carmakers, including Daimler, lacked ambitious targets to phase out fossil-fuel cars.</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>Daimler speeds up shift to electric vehicles, Manager Magazin reports</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDaimler speeds up shift to electric vehicles, Manager Magazin reports\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 21:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18572264><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>LONDON (Reuters) - Daimler AG will accelerate the launch of electric cars slated for the middle of this decade while phasing out fossil-fuel versions, as it revamps its electrification strategy, ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18572264\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DDAIF":"戴姆勒汽车"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18572264","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144174158","content_text":"LONDON (Reuters) - Daimler AG will accelerate the launch of electric cars slated for the middle of this decade while phasing out fossil-fuel versions, as it revamps its electrification strategy, Manager Magazin reported on Thursday.\nMany of the electric vehicle models the German carmaker has planned for 2024 or 2025 will be moved forward a year and their fossil-fuel equivalents will be dropped from the lineup, the magazine reported, citing sources close to the matter.\nAccording to the magazine, Daimler Chief Executive Ola Källenius would like to announce the changes before the summer break this year and hold a capital markets day.\nA Daimler spokesman declined to comment on the report.\nThe Mercedes-Benz maker said in March it would accelerate its shift to electric cars, but provided no details of how fast its car line-up will go electric.\nSome carmakers have announced firm plans to go all-electric. Volvo, for instance, says all of its cars will be battery electric vehicles by 2030.\nEuropean campaign group Transport and Environment (T&E) said this week that some carmakers, including Daimler, lacked ambitious targets to phase out fossil-fuel cars.","news_type":1},"isVote":1,"tweetType":1,"viewCount":202,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129456894,"gmtCreate":1624383101018,"gmtModify":1703835202798,"author":{"id":"3582007904253409","authorId":"3582007904253409","name":"bensensei","avatar":"https://static.tigerbbs.com/9947fa6b560026d3b1da78082e094170","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582007904253409","idStr":"3582007904253409"},"themes":[],"htmlText":"Haha","listText":"Haha","text":"Haha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129456894","repostId":"1156381928","repostType":4,"repost":{"id":"1156381928","kind":"news","pubTimestamp":1624375245,"share":"https://ttm.financial/m/news/1156381928?lang=&edition=fundamental","pubTime":"2021-06-22 23:20","market":"us","language":"en","title":"Cramer sells his charity’s Disney position for the first time in 16 years","url":"https://stock-news.laohu8.com/highlight/detail?id=1156381928","media":"cnbc","summary":"Jim Cramer’s charitable investment portfolio exited its position inDisneyafter owning the media gian","content":"<div>\n<p>Jim Cramer’s charitable investment portfolio exited its position inDisneyafter owning the media giant for 16 years.\n“I feel right now its a pandemic play, not a post-pandemic play because of how they ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/22/cramer-sells-his-charitys-disney-position-for-the-first-time-in-16-years-.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>Cramer sells his charity’s Disney position for the first time in 16 years</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCramer sells his charity’s Disney position for the first time in 16 years\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 23:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/22/cramer-sells-his-charitys-disney-position-for-the-first-time-in-16-years-.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Jim Cramer’s charitable investment portfolio exited its position inDisneyafter owning the media giant for 16 years.\n“I feel right now its a pandemic play, not a post-pandemic play because of how they ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/22/cramer-sells-his-charitys-disney-position-for-the-first-time-in-16-years-.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIS":"迪士尼"},"source_url":"https://www.cnbc.com/2021/06/22/cramer-sells-his-charitys-disney-position-for-the-first-time-in-16-years-.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1156381928","content_text":"Jim Cramer’s charitable investment portfolio exited its position inDisneyafter owning the media giant for 16 years.\n“I feel right now its a pandemic play, not a post-pandemic play because of how they positioned it. I know that they don’t agree with that, but I don’t need a company that’s a pandemic play because they aren’t working,” Cramer said Tuesday on CNBC’s “Squawk on the Street.”\nThe “Mad Money” host also attributed the sale to how much the stock has risen in roughly a year. Disney’s stock has soared nearly 50% in the past 12 months, emerging a major beneficiary of the Covid-19 pandemic.\n“It’s gone up a lot,” added Cramer.\nOn March 13, 2020 – the day that then-President Donald Trump declared Covid-19 an emergency – Disney’s shares closed at $102.52. That week,Disney announced it would close its parksto stem transmission of the virus.\nCurrently, the stock trades around $172 per share. Shares lost 0.7% on Tuesday.\nDisney capitalized on the nationwide shutdowns during the pandemic by putting resources into its streaming service, Disney+, whichtopped 100 million subscribersjust 16 months after its launch.\n“Even though the company has made a good effort to try to make it so its not a pandemic story, I do feel that when I used to sit here, I used to see ESPN go down and down in terms of number of [subscribers], I think that Disney+ will, the rate of change that its going up will diminish as people want to go out,” said Cramer.\nHe said Disney’s Paris theme park opened last week but the company didn’t make a big enough deal about it.\nCramer added that he thinks Disney should focus more on theme parks, cruises and outdoor attractions instead of its push into its direct-to-consumer streaming service.\n“They’re sending what I regard as first-run movies to Disney +, versus AMC, and I think they should go to AMC. I think that they should say listen ‘we’re the open story and whoever wins the NBA, were going to take them all down, we want them to go to Disney’,” said Cramer.\n“I’ll go back in if they somehow make it clear that its an opening story because it should be the greatest opening story of all time,” he said.\nCramer’s charitable trust, Action Alerts Plus, has invested more than $2.5 million in 30 stocks. The diversified stock list, which Cramer manages with a team of market gurus, is made up of tech names like Apple, software firms like Salesforce, defensive plays such asBoeingand health care names likeAbbott LabsandAbbVie. Disney earned a spot for 16 years, until now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":358,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165280959,"gmtCreate":1624146557871,"gmtModify":1703829288221,"author":{"id":"3582007904253409","authorId":"3582007904253409","name":"bensensei","avatar":"https://static.tigerbbs.com/9947fa6b560026d3b1da78082e094170","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582007904253409","idStr":"3582007904253409"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/165280959","repostId":"1167089681","repostType":4,"repost":{"id":"1167089681","kind":"news","pubTimestamp":1623996062,"share":"https://ttm.financial/m/news/1167089681?lang=&edition=fundamental","pubTime":"2021-06-18 14:01","market":"us","language":"en","title":"The Trade Desk Stock Split: Time to Buy?","url":"https://stock-news.laohu8.com/highlight/detail?id=1167089681","media":"Motley Fool","summary":"The stock is still down about 36% from recent highs.","content":"<p>Shares of data-driven advertising company&nbsp;<b>The Trade Desk</b>&nbsp;(NASDAQ:TTD)&nbsp;jumped sharply on Thursday, following their 10-for-1 split. Today marks the first day that the company's stock is trading on a split basis.</p>\n<p>Stock splits in and of themselves don't do anything to make shares better investments. But The Trade Desk's split -- following massive shareholder value creation since its initial public offering in 2016 -- does highlight management's consistent ability to grow revenue and earnings, something likely to persist in the coming years.</p>\n<p>This 10-for-1 split, therefore, is a good reminder of what an incredible business The Trade Desk is.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/50e503a653795bb7465c0aa43050307a\" tg-width=\"2000\" tg-height=\"1333\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p>\n<p><b>Business momentum</b></p>\n<p>The&nbsp;tech stock's split follows a period of incredible growth for The Trade Desk, and management says the move reflects its confidence in the company's prospects.</p>\n<p>\"The Trade Desk has consistently delivered strong top line growth and&nbsp;GAAP&nbsp;profitability as a publicly traded company,\" CEO Jeff Green said in a press release about the stock split. \"In that time, we have emerged as the default demand side advertising platform for the open internet, and we continue to invest to build on that leadership position.\"</p>\n<p>Over the past four years, The Trade Desk's revenue has risen more than fourfold and its net income has increased 12-fold.</p>\n<p>Even in 2020 -- when digital advertising took a temporary hit as uncertainties surrounding COVID-19 led some ad buyers to reduce spend or even pause their campaigns -- The Trade Desk saw its revenue increase 26% year over year. And as the year ended, its momentum picked up sharply. \"Those brands spending more than $1 million on our platform in 2020 more than doubled from a year ago,\" The Trade Desk said in its&nbsp;fourth-quarter 2020 earnings call.</p>\n<p>Adjusting for U.S. political ad spend, The Trade Desk's top-line revenue growth accelerated further in the first quarter of 2021 compared to its impressive momentum at the end of last year.</p>\n<p>\"Excluding political spend related to the U.S. elections last year, which represented a mid-single-digit percent share of our business in Q1 of 2020, revenue increased around 42% year over year in Q1 of this year,\" CFO Blake Grayson said in the company's first-quarter earnings release. \"This represents a material acceleration on a sequential basis from Q4 of 2020 after excluding election spend.\"</p>\n<p>Furthermore, Grayson said the company saw broad-based strong growth across every region and channel during the quarter. In fact, ad spend on its platform accelerated in every one of its major geographic regions, management said.</p>\n<p><b>A buying opportunity</b></p>\n<p>Though The Trade Desk's stock split might be drawing attention to the stock on Thursday, the company's fundamentals and recent sell-off are what make it seem like an attractive long-term investment.</p>\n<p>Even though shares are up sharply today, they are still notably far below a split-adjusted all-time high of $97.28. Shares were slammed earlier this year along with many other growth stocks -- and The Trade Desk has been slow to recover, still trading 36% below a 52-week high.</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>The Trade Desk Stock Split: Time to Buy?</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\">\nThe Trade Desk Stock Split: Time to Buy?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 14:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/17/the-trade-desk-stock-jumps-following-stock-split/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of data-driven advertising company The Trade Desk (NASDAQ:TTD) jumped sharply on Thursday, following their 10-for-1 split. Today marks the first day that the company's stock is trading on a ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/17/the-trade-desk-stock-jumps-following-stock-split/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TTD":"Trade Desk Inc."},"source_url":"https://www.fool.com/investing/2021/06/17/the-trade-desk-stock-jumps-following-stock-split/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167089681","content_text":"Shares of data-driven advertising company The Trade Desk (NASDAQ:TTD) jumped sharply on Thursday, following their 10-for-1 split. Today marks the first day that the company's stock is trading on a split basis.\nStock splits in and of themselves don't do anything to make shares better investments. But The Trade Desk's split -- following massive shareholder value creation since its initial public offering in 2016 -- does highlight management's consistent ability to grow revenue and earnings, something likely to persist in the coming years.\nThis 10-for-1 split, therefore, is a good reminder of what an incredible business The Trade Desk is.\nIMAGE SOURCE: GETTY IMAGES.\nBusiness momentum\nThe tech stock's split follows a period of incredible growth for The Trade Desk, and management says the move reflects its confidence in the company's prospects.\n\"The Trade Desk has consistently delivered strong top line growth and GAAP profitability as a publicly traded company,\" CEO Jeff Green said in a press release about the stock split. \"In that time, we have emerged as the default demand side advertising platform for the open internet, and we continue to invest to build on that leadership position.\"\nOver the past four years, The Trade Desk's revenue has risen more than fourfold and its net income has increased 12-fold.\nEven in 2020 -- when digital advertising took a temporary hit as uncertainties surrounding COVID-19 led some ad buyers to reduce spend or even pause their campaigns -- The Trade Desk saw its revenue increase 26% year over year. And as the year ended, its momentum picked up sharply. \"Those brands spending more than $1 million on our platform in 2020 more than doubled from a year ago,\" The Trade Desk said in its fourth-quarter 2020 earnings call.\nAdjusting for U.S. political ad spend, The Trade Desk's top-line revenue growth accelerated further in the first quarter of 2021 compared to its impressive momentum at the end of last year.\n\"Excluding political spend related to the U.S. elections last year, which represented a mid-single-digit percent share of our business in Q1 of 2020, revenue increased around 42% year over year in Q1 of this year,\" CFO Blake Grayson said in the company's first-quarter earnings release. \"This represents a material acceleration on a sequential basis from Q4 of 2020 after excluding election spend.\"\nFurthermore, Grayson said the company saw broad-based strong growth across every region and channel during the quarter. In fact, ad spend on its platform accelerated in every one of its major geographic regions, management said.\nA buying opportunity\nThough The Trade Desk's stock split might be drawing attention to the stock on Thursday, the company's fundamentals and recent sell-off are what make it seem like an attractive long-term investment.\nEven though shares are up sharply today, they are still notably far below a split-adjusted all-time high of $97.28. Shares were slammed earlier this year along with many other growth stocks -- and The Trade Desk has been slow to recover, still trading 36% below a 52-week high.","news_type":1},"isVote":1,"tweetType":1,"viewCount":195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374561085,"gmtCreate":1619457948647,"gmtModify":1704724257841,"author":{"id":"3582007904253409","authorId":"3582007904253409","name":"bensensei","avatar":"https://static.tigerbbs.com/9947fa6b560026d3b1da78082e094170","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582007904253409","idStr":"3582007904253409"},"themes":[],"htmlText":"Maybe to buy&nbsp;","listText":"Maybe to buy&nbsp;","text":"Maybe to buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/374561085","repostId":"1194765641","repostType":4,"repost":{"id":"1194765641","kind":"news","weMediaInfo":{"introduction":"The leading daily newsletter for the latest financial and business news. 33Yrs Helping Stock Investors with Investing Insights, Tools, News & More.","home_visible":0,"media_name":"Investors","id":"1085713068","head_image":"https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c"},"pubTimestamp":1619450804,"share":"https://ttm.financial/m/news/1194765641?lang=&edition=fundamental","pubTime":"2021-04-26 23:26","market":"us","language":"en","title":"Starbucks Stock Reported Mixed Earnings Results, Is It A Buy Right Now?","url":"https://stock-news.laohu8.com/highlight/detail?id=1194765641","media":"Investors","summary":"Seattle-basedStarbucks(SBUX) emerged as a coffeehouse giant in the 1990s with a meteoric rise, evolv","content":"<p>Seattle-based<b>Starbucks</b>(SBUX) emerged as a coffeehouse giant in the 1990s with a meteoric rise, evolving from a local concept into a global brand. Amid the current stock market rally, is Starbucks stocka buy?</p>\n<p>Starbucks Earnings</p>\n<p>In themost recent quarter— reported on Jan. 26 — Starbucks reported mixed fiscal Q1 results and gave weak Q2 views despite a forecast for China same-store sales to nearly double.</p>\n<p>Starbucks reported EPS of 61 cents on revenue of $6.75 billion. Wall Street expected Starbucks earnings per share to fall 30% to 55 cents, according to Zacks Investment Research. Revenue was seen tilting 3% lower to $6.87 billion.</p>\n<p>According to theIBD Stock Checkup,Starbucksstock has a weak 37 out of a highest-possible 99 IBD Composite Rating. TheComposite Ratingis designed to help investors easily measure a stock's fundamental and technical characteristics.</p>\n<p>Fundamentally, the company boasts a deteriorating track record of earnings growth, resulting in a 33 (out of a best-possible 99) EPS Rating. TheEPS Ratingmeasures a company's current quarterly earnings and annual earnings growth.</p>\n<p>Starbucks Stock News</p>\n<p>On March 15, amid the spreading coronavirus outbreak,Starbucks movedinto a \"to-go\" model for its stores in the U.S. and Canada for at least two weeks. Starbucks also said some of its stores in \"high-social gathering\" areas will be shuttered to help prevent the spread of the virus.&nbsp;The moves came in the wake of the U.S. government's call for more social distancing.</p>\n<p>On April 16, Starbucksannounced plans to reopenstores that closed during the coronavirus outbreak. In a letter to employees, CEO Kevin Johnson said, \"As we have experienced in China, we are now transitioning to a new phase that can best be described as 'monitor and adapt.\"</p>\n<p>In late April, the company said it would start reopening U.S. stores as soon as early May, with plans to have around 90% of company-run locations open by early June with modified hours and more safety measures, but management said \"routines may look a little bit different\" even for its most loyal customers.</p>\n<p>On May 4, the&nbsp;the coffee giant said it plans to reopen more than 85% of its U.S. corporate stores by end of this week. Dine-in services will remain closed for the time being.</p>\n<p>In a letter to employees on May 21, CEO Kevin Johnson said the company has reclaimed about 60% to 65% of its U.S. same-store sales over the last week, vs. the same period a year ago.</p>\n<p>Starbucks CFO Patrick Grismer, during a conference in September, said the coffee giant was on track to reach positive same-store sales in the U.S. by the end of its fiscal second quarter.</p>\n<p>Is Starbucks Stock A Buy Right Now?</p>\n<p>During the coronavirus stock market crash, Starbucks shares fell nearly 50% off their 52-week high. After a sharp rally, the stock hit all-time highs on Jan. 4 before backing off. Starbucks is trying to break out above a 108.85 buy point in a new flat base, according toMarketSmithchart analysis. The 5% buy zone goes up to 114.29.</p>\n<p>Starbucks stock tumbled nearly 2% Monday despite a price-target hike at Stifel Nicolaus. The analyst firm raised its price target from 115 to 125. The stock remains out of buy range. So, Starbucks is no longer a potential buy right now since it's out of buy range. Meanwhile, a lack of strong fundamentals could be a deterrent to growth investors.</p>\n<p>For more leading stocks and stocks approaching buy points, check out these&nbsp;IBD Stock Lists, like the&nbsp;Stocks Near A Buy Zone.&nbsp;To see the current stock market trend, check out IBD's signature daily analysis,&nbsp;The Big Picture.</p>\n<p><i>Follow Scott Lehtonen on Twitter at @IBD_SLehtonen for more on stock market analysis and insight.</i></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>Starbucks Stock Reported Mixed Earnings Results, Is It A Buy Right Now?</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\">\nStarbucks Stock Reported Mixed Earnings Results, Is It A Buy Right Now?\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/608dd68a89ed486e18f64efe3136266c);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Investors </p>\n<p class=\"h-time\">2021-04-26 23:26</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Seattle-based<b>Starbucks</b>(SBUX) emerged as a coffeehouse giant in the 1990s with a meteoric rise, evolving from a local concept into a global brand. Amid the current stock market rally, is Starbucks stocka buy?</p>\n<p>Starbucks Earnings</p>\n<p>In themost recent quarter— reported on Jan. 26 — Starbucks reported mixed fiscal Q1 results and gave weak Q2 views despite a forecast for China same-store sales to nearly double.</p>\n<p>Starbucks reported EPS of 61 cents on revenue of $6.75 billion. Wall Street expected Starbucks earnings per share to fall 30% to 55 cents, according to Zacks Investment Research. Revenue was seen tilting 3% lower to $6.87 billion.</p>\n<p>According to theIBD Stock Checkup,Starbucksstock has a weak 37 out of a highest-possible 99 IBD Composite Rating. TheComposite Ratingis designed to help investors easily measure a stock's fundamental and technical characteristics.</p>\n<p>Fundamentally, the company boasts a deteriorating track record of earnings growth, resulting in a 33 (out of a best-possible 99) EPS Rating. TheEPS Ratingmeasures a company's current quarterly earnings and annual earnings growth.</p>\n<p>Starbucks Stock News</p>\n<p>On March 15, amid the spreading coronavirus outbreak,Starbucks movedinto a \"to-go\" model for its stores in the U.S. and Canada for at least two weeks. Starbucks also said some of its stores in \"high-social gathering\" areas will be shuttered to help prevent the spread of the virus.&nbsp;The moves came in the wake of the U.S. government's call for more social distancing.</p>\n<p>On April 16, Starbucksannounced plans to reopenstores that closed during the coronavirus outbreak. In a letter to employees, CEO Kevin Johnson said, \"As we have experienced in China, we are now transitioning to a new phase that can best be described as 'monitor and adapt.\"</p>\n<p>In late April, the company said it would start reopening U.S. stores as soon as early May, with plans to have around 90% of company-run locations open by early June with modified hours and more safety measures, but management said \"routines may look a little bit different\" even for its most loyal customers.</p>\n<p>On May 4, the&nbsp;the coffee giant said it plans to reopen more than 85% of its U.S. corporate stores by end of this week. Dine-in services will remain closed for the time being.</p>\n<p>In a letter to employees on May 21, CEO Kevin Johnson said the company has reclaimed about 60% to 65% of its U.S. same-store sales over the last week, vs. the same period a year ago.</p>\n<p>Starbucks CFO Patrick Grismer, during a conference in September, said the coffee giant was on track to reach positive same-store sales in the U.S. by the end of its fiscal second quarter.</p>\n<p>Is Starbucks Stock A Buy Right Now?</p>\n<p>During the coronavirus stock market crash, Starbucks shares fell nearly 50% off their 52-week high. After a sharp rally, the stock hit all-time highs on Jan. 4 before backing off. Starbucks is trying to break out above a 108.85 buy point in a new flat base, according toMarketSmithchart analysis. The 5% buy zone goes up to 114.29.</p>\n<p>Starbucks stock tumbled nearly 2% Monday despite a price-target hike at Stifel Nicolaus. The analyst firm raised its price target from 115 to 125. The stock remains out of buy range. So, Starbucks is no longer a potential buy right now since it's out of buy range. Meanwhile, a lack of strong fundamentals could be a deterrent to growth investors.</p>\n<p>For more leading stocks and stocks approaching buy points, check out these&nbsp;IBD Stock Lists, like the&nbsp;Stocks Near A Buy Zone.&nbsp;To see the current stock market trend, check out IBD's signature daily analysis,&nbsp;The Big Picture.</p>\n<p><i>Follow Scott Lehtonen on Twitter at @IBD_SLehtonen for more on stock market analysis and insight.</i></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SBUX":"星巴克"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194765641","content_text":"Seattle-basedStarbucks(SBUX) emerged as a coffeehouse giant in the 1990s with a meteoric rise, evolving from a local concept into a global brand. Amid the current stock market rally, is Starbucks stocka buy?\nStarbucks Earnings\nIn themost recent quarter— reported on Jan. 26 — Starbucks reported mixed fiscal Q1 results and gave weak Q2 views despite a forecast for China same-store sales to nearly double.\nStarbucks reported EPS of 61 cents on revenue of $6.75 billion. Wall Street expected Starbucks earnings per share to fall 30% to 55 cents, according to Zacks Investment Research. Revenue was seen tilting 3% lower to $6.87 billion.\nAccording to theIBD Stock Checkup,Starbucksstock has a weak 37 out of a highest-possible 99 IBD Composite Rating. TheComposite Ratingis designed to help investors easily measure a stock's fundamental and technical characteristics.\nFundamentally, the company boasts a deteriorating track record of earnings growth, resulting in a 33 (out of a best-possible 99) EPS Rating. TheEPS Ratingmeasures a company's current quarterly earnings and annual earnings growth.\nStarbucks Stock News\nOn March 15, amid the spreading coronavirus outbreak,Starbucks movedinto a \"to-go\" model for its stores in the U.S. and Canada for at least two weeks. Starbucks also said some of its stores in \"high-social gathering\" areas will be shuttered to help prevent the spread of the virus. The moves came in the wake of the U.S. government's call for more social distancing.\nOn April 16, Starbucksannounced plans to reopenstores that closed during the coronavirus outbreak. In a letter to employees, CEO Kevin Johnson said, \"As we have experienced in China, we are now transitioning to a new phase that can best be described as 'monitor and adapt.\"\nIn late April, the company said it would start reopening U.S. stores as soon as early May, with plans to have around 90% of company-run locations open by early June with modified hours and more safety measures, but management said \"routines may look a little bit different\" even for its most loyal customers.\nOn May 4, the the coffee giant said it plans to reopen more than 85% of its U.S. corporate stores by end of this week. Dine-in services will remain closed for the time being.\nIn a letter to employees on May 21, CEO Kevin Johnson said the company has reclaimed about 60% to 65% of its U.S. same-store sales over the last week, vs. the same period a year ago.\nStarbucks CFO Patrick Grismer, during a conference in September, said the coffee giant was on track to reach positive same-store sales in the U.S. by the end of its fiscal second quarter.\nIs Starbucks Stock A Buy Right Now?\nDuring the coronavirus stock market crash, Starbucks shares fell nearly 50% off their 52-week high. After a sharp rally, the stock hit all-time highs on Jan. 4 before backing off. Starbucks is trying to break out above a 108.85 buy point in a new flat base, according toMarketSmithchart analysis. The 5% buy zone goes up to 114.29.\nStarbucks stock tumbled nearly 2% Monday despite a price-target hike at Stifel Nicolaus. The analyst firm raised its price target from 115 to 125. The stock remains out of buy range. So, Starbucks is no longer a potential buy right now since it's out of buy range. Meanwhile, a lack of strong fundamentals could be a deterrent to growth investors.\nFor more leading stocks and stocks approaching buy points, check out these IBD Stock Lists, like the Stocks Near A Buy Zone. To see the current stock market trend, check out IBD's signature daily analysis, The Big Picture.\nFollow Scott Lehtonen on Twitter at @IBD_SLehtonen for more on stock market analysis and insight.","news_type":1},"isVote":1,"tweetType":1,"viewCount":153,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}